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2023 annual report
Empowering
FAITHFULLY
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PT Bank BTPN Syariah Tbk | 2023 Annual Report
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PT Bank BTPN Syariah Tbk | 2023 Annual Report
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PT Bank BTPN Syariah Tbk | 2023 Annual Report
DISCLAIMER AND LIMITATION OF LIABILITY
In the case of different interpretations and/or information presented in foreign language from
the ones presented in Indonesian, the referred information is the one presented in Indonesian.
For updated information, please contact us at Menara BTPN Lantai 12, CBD Mega Kuningan,
Jl. Dr. Ide Anak Agung Gde Agung Kav. 5.5-5.6, South Jakarta 12950, Indonesia.
Phone (+62 21) 300 26400 or E-mail: InvestorRelation@btpnsyariah.com
We are committed to openly communicate with each stakeholder. All stakeholders are welcome
to visit our website at www.btpnsyariah.com for further information on BTPN Syariah.
The online version of this document is available at www.btpnsyariah.com.
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FAITHFULLY
Empowering
For over a decade, BTPN Syariah has consistently demonstrated its dedication to fostering
inclusivity in Indonesian society. The Bank’s commitment to faithfully empowering inclusive
PT Bank BTPN Syariah Tbk | 2023 Annual Report
communities is now exemplified through the establishment of four key access points—financial
access, knowledge access, goods supply access, and market access. These components
collectively form the foundation of the Sharia digital ecosystem, aimed at translating noble
intentions into tangible improvements in the lives of millions of Indonesians.
Under the banner of #bankirpemberdaya, the Bank extends financial access to individuals who
were previously underserved by formal financial services, with a particular focus on women
operating ultra-micro businesses. Beyond mere financial transactions, the Bank provides
financing to help individuals realize their dreams of a better life, offering empowerment
and guidance along the way. For funding customers, the Bank creates avenues for collective
empowerment, encouraging active involvement in initiatives that support inclusive communities.
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In navigating a business landscape that strives to support inclusivity, BTPN Syariah faces
the challenges posed by uneven post-Covid-19 economic recovery. Amid these conditions,
PT Bank BTPN Syariah Tbk | 2023 Annual Report
the bank remains committed to innovation, reinforcing synergy and collaboration. The Bestee
program, engaging thousands of students, stands as a testament to this collaborative spirit,
with students playing a vital role in assisting inclusive communities. Continuous support is
extended to inclusive customers, fostering traits such as courage, discipline, hard work, and
mutual assistance (BDKS) to shape them into inspirational figures.
The transformative impact on the lives of individuals serves as tangible evidence of the positive
changes driven by the Bank. This, in turn, builds trust among funding customers and instills a
sense of loyalty among #bankirpemberdaya, who remain steadfast in faithfully empowering the
community. The collective aim is to swiftly bring about positive changes in the lives of millions of
inclusive Indonesians.
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For over a decade, BTPN Syariah has been dedicated to advancing financial
inclusion, with the goal of transforming the lives of millions of Indonesians.
This commitment has engaged all stakeholders, including the Bank,
all #bankirpemberdaya, customers, and the broader community,
in collectively taking the necessary steps to faithfully empowering others.
Bestee
Engaging additional stakeholders is a concerted
effort to expedite the expansion of customer
inclusion. Through the Bestee program, BTPN
Syariah facilitates empowerment by enlisting
students to impart knowledge, offer support, and
empower others, while also motivating them to lead
a purposeful life.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
#bankirpemberdaya
All #bankirpemberdaya are afforded equal opportunities
to transition into bankers and empowerers, enabling
them to lead more meaningful lives. Capacity-
building and competency enhancement programs are
designed to enhance our ability to serve all customers
wholeheartedly, encompassing:
• Training and personal development initiatives
• Competitive rewards and benefits
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financing customers
All funds collected by the Bank are entirely directed
towards providing access to financing through BTPN
Syariah, thereby extending broader access to inclusive
communities. Diverse programs are meticulously tailored
to meet the requirements of financing customers,
motivating them to become more empowered through
initiatives such as:
• Tepat Sharia Financing
• Empowerment programs such as Daya and Bestee
• Additionally, one of the incentive and appreciation
programs includes Umrah in a single flight
funding customers
Becoming a customer of BTPN Syariah presents an
opportunity for affluent families to contribute to
the empowerment of others. All collected funds are
exclusively allocated to financing Indonesia's inclusive
community. Funding customers can actively engage in
this endeavor by:
• Becoming a Sahabat DAYA to directly participate in
empowering inclusive customers
• Utilizing technology for positive impact by opening
additional savings accounts via mobile banking and
PT Bank BTPN Syariah Tbk | 2023 Annual Report
internet banking to direct funds towards inclusion
customers
By engaging all stakeholders in empowerment activities, BTPN Syariah
recognizes that achieving high performance is consistently driven
by fostering a positive environment (do good, do well).
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By working together and implementing the necessary steps to
empower individuals, all stakeholders can actively participate in
PT Bank BTPN Syariah Tbk | 2023 Annual Report
the Bank's initiative aimed at fostering inclusive communities.
Customers who provide funding to BTPN Syariah understand that
their entrusted funds are entirely allocated towards financing other
customers. This not only ensures top-notch service and optimal
returns but also presents funding customers with the opportunity
to contribute to empowerment.
The aspiration to further support the realization of inclusion goals
for customers is a commendable endeavor for funding customers,
leading to a more fulfilling life.
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FUNDING CUSTOMERS
Faithfully Empowering
>27 k
PT Bank BTPN Syariah Tbk | 2023 Annual Report
funding
customers
Rp
12.14 t total third
party fund
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Wholeheartedly dedicated to faithfully empowering inclusive
customers, BTPN Syariah consistently realizes their dreams.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
An exemplary initiative involves uniting hundreds of inspiring
customers in a single plane to embark on the sacred Umrah
pilgrimage to the holy land.
In addition to this, a spectrum of incentive and appreciation
programs is continually extended to customers, aiming to motivate
and foster the development of four key customer behaviors:
Courage, Discipline, Hard Work, and Mutual
Assistance (BDKS).
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Faithfully Empowering
FINANCING CUSTOMERS
customers appreciation Tumbuh Bersama Nasabahku
and incentive programs (TBNku) mentoring program
PT Bank BTPN Syariah Tbk | 2023 Annual Report
free umrah in 1 flight
320 customers 10 k customers
incentive program
Rp
3.3 t
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To expedite the realization of noble intentions, the Bank actively
PT Bank BTPN Syariah Tbk | 2023 Annual Report
engages in collaborations with a broader spectrum of stakeholders
committed to empowerment. A notable collaboration is exemplified
through the Bestee Program (Berdaya Bersama Sahabat Tepat
Indonesia), underscoring the Bank's dedication to
faithfully empowering inclusive communities.
This empowerment-driven initiative resonates positively with
thousands of students across Indonesia, all eager to join forces in
empowering women in ultra-micro enterprises by providing direct
support and companionship.
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Program PT Bank BTPN Syariah Tbk | 2023 Annual Report
the Bestee Program throughout 2023 involved:
1,821 students 24 provinces
257 universities 827 subdistrict
49 k customers
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Fostering opportunities for continuous
14 k
PT Bank BTPN Syariah Tbk | 2023 Annual Report
growth by cultivating healthy
industrial relations and nurturing #bankirpemberdaya
a harmonious work environment.
Consistently enhancing the capacity
of #bankirpemberdaya through diverse 95%
resilient women
training programs aimed at boosting wholeheartedly
their capabilities and competencies, serving customers
with clear career paths to instill
a sense of empowerment and ensure
high motivation to remain
faithfully empowering the inclusive
50%
professionally trained
high school graduates
communities.
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#BANKIRPEMBERDAYA
Program
9,772
PT Bank BTPN Syariah Tbk | 2023 Annual Report
participated in the learning management system
community
officers platform for career advancement
856 training
sessions 608,509 training
hours
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Financial PERFORMANCE
Rp
11.39 T Rp
8.78 T
total total
financing equity
Rp
12.14 T
51.6 %
total third capital adequacy
party funds ratio (CAR)
Rp
21.44 T
13.2 %
total return of equity
assets (ROE)
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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Social PERFORMANCE
fostering healthy and sustainable
business growth to uphold a lasting
stream of beneficial and quantifiable
social outcomes for customers
housing quality child education
improvements improvements
The number of families with adequate quality The number of children (6-18 years) attending
flooring materials have increased school have increased
cycle 1 89.5% cycle 1 84.7%
cycle 3 91.9% cycle 3 90.1%
cycle 5 94.7% cycle 5 92.5%
toilet condition household carbon
improvements emission improvement
The number of families with toilets and decent The number of families switching from using
sanitation systems have increased firewood have increased
cycle 1 66.8% cycle 1 90.8%
cycle 3 76.7% cycle 3 95.4%
PT Bank BTPN Syariah Tbk | 2023 Annual Report
cycle 5 85.3% cycle 5 98.7%
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Table of CONTENTS
performance highlights 19 composition of shareholders and 103
percentage of ownership by classification
financial highlights 20
disclosure of share ownership of the board of 104
overview of BTPN Syariah shares 24 commissioners, the sharia supervisory board,
and the board of directors of BTPN Syariah
stock performance of BTPN Syariah 30
the bank's policy concerning disclosure of 105
list of BTPN Syariah share performance 32 BTPN Syariah shares ownership of the board
indexes on the indonesian stock exchange of commissioners, the sharia supervisory
board, and the board of directors
significant events 2023 36
corporate action 2023 106
awards 2023 38
name and address of capital market 109
supporting institutions and/or professionals
management report 41 commitment to the sustainable 110
development goals
President Commissioner report 43
membership in national and/or 110
President Director report 49 international associations related to the
implementation of sustainable finance
Chairman of Sharia Supervisory Board report 56
company website information 112
statement letter of the Board of 58
Commissioners and the Board of Directors
concerning the responsibility for 2023
annual report of PT BTPN Syariah Tbk
management discussion and
115
analysis
business and financial review 116
Company Profile 61
economic review 116
information for shareholders 63
sharia banking industry review 117
about BTPN Syariah 68
business review 117
mission, vision, and corporate values 70
financial review 120
milestones 72
business prospect for 2024 124
organization structure 74
parent company support 125
board of commissioners 76
business review 126
board of directors 82
financing 126
sharia supervisory board 89
PT Bank BTPN Syariah Tbk | 2023 Annual Report
funding 128
Board of Commissioners Committees
92 business development 130
profile
social impact 132
board of management 95
operational review 134
shareholders composition and profile 99
human capital 134
PT Bank BTPN Syariah Tbk profile 100
operational 137
ownership structure 100
information technology 139
information related to the ultimate 101
controlling shareholder risk management 142
20 largest shareholders composition 102
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corporate social responsibility 215 anti-money laundering prevention of 421
terrorism financing and prevention of
daya 217
funding for the proliferation of weapons of
bestee 218 mass destruction (APU, PPT & PPPSPM)
2023 achievements 220 providing funds for social activities and 422
income from halal and non-halal funds
important cases 423
good corporate governance 223
2023 administrative sanctions 423
GCG implementation report 224
information access 424
basic principles and GCG guidelines 228
code of ethics 425
implementation of governance 230
share ownership by employees and/or 427
governance assessment 251
management program
implementation of public company 263
whistleblowing 428
governance guidelines
bribery and anti-corruption policies 430
structure mechanism of good corporate 270
governance gift giving and receiving policy 430
general meeting of shareholders 272 anti-fraud management 431
board of commissioners 293 insider trading policy 433
sharia supervisory board 317 share buyback 433
the board of commissioners committees 327 provision of funds to related parties and 434
large exposure
remuneration policy for the board of 347
commissioners, sharia supervisory board transparency of the bank's financial and 435
and board of directors non-financial conditions which have not
been disclosed in other reports
board of directors 353
corporate social responsibilities 436
training and refreshment of the board of 377
commissioners, board of directors, and
independent parties
company data 455
the board of directors' committees 378
executive officer 456
corporate secretary 389
products and services 458
PT Bank BTPN Syariah Tbk | 2023 Annual Report
investor relations 404
office network 460
internal audit's report 405
external audit 411
financial statements 465
internal control system 414
compliance reports 415
consolidated financial statements
conflict of interest and affiliated 420 586
of the parent company
transactions
SEOJK reference 592
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PT Bank BTPN Syariah Tbk | 2023 Annual Report 18
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Performance
01
HIGHLIGHTS
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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Financial HIGHLIGHTS
in millions of Rupiah, except basic earnings per share
2023 2022 2021 2020 2019
Audited Audited Audited Audited Audited
Balance Sheet
Total Assets 21,435,366 21,161,976 18,543,856 16,435,005 15,383,038
Earning Assets 20,304,224 19,422,089 17,075,443 14,954,676 13,759,194
Murabaha Receivables 11,367,662 11,463,672 10,433,091 9,514,196 8,969,565
Total Liabilities 2,737,413 2,910,720 2,543,053 2,632,890 2,439,054
Total Temporary Syirkah Funds 9,920,820 9,843,261 8,905,903 7,923,366 7,550,664
Total Equity 8,777,133 8,407,995 7,094,900 5,878,749 5,393,320
Profit and Loss
Sharia Activity Income 5,746,182 5,373,790 4,673,842 4,037,474 4,457,352
Temporary Syirkah Fund Profit (486,433) (344,440) (394,632) (497,511) (523,587)
Sharing Expenses
Other Operating Income 60,949 65,646 22,332 21,893 17,742
Other Operational Expenses (2,043,512) (1,869,492) (1,693,292) (1,592,032) (1,761,041)
Allowance for Impairment Losses (1,898,117) (945,052) (728,220) (850,184) (309,402)
(CKPN) Costs for Productive and
Non-productive Assets
Net Operating Income 1,379,069 2,280,452 1,880,030 1,119,640 1,881,064
Profit Before Income Tax 1,379,894 2,282,394 1,877,473 1,124,296 1,878,249
Tax Expense (299,306) (502,814) (412,468) (269,682) (478,615)
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Net Profit for the Year 1,080,588 1,779,580 1,465,005 854,614 1,399,634
Other Comprehensive Profit/ (550) 4,570 4,277 (9,216) 8,584
(Loss)
Total Comprehensive Profit for 1,080,038 1,784,150 1,469,282 845,398 1,408,218
the Year (after tax)
Net Profit per Share 140 231 190 111 182
(full amount)
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performance highlights
in millions of rupiah, except basic earnings per share
2023 2022 2021 2020 2019
Audited Audited Audited Audited Audited
Financial Ratio
Capital
Capital Adequacy Ratio (CAR) 51.60% 53.66% 58.27% 49.44% 44.57%
Earning Assets
Non-performing Earning Assets 1.65% 1.57% 1.45% 1.22% 0.89%
and Non-Earning Assets Against
Total Earning Assets and Non-
Earning Assets
Non-performing Earning Assets 1.65% 1.57% 1.45% 1.22% 0.89%
Againts Total Earning Assets
Provision for Allowance for 5.98% 3.96% 4.09% 5.68% 2.12%
Impairment Losses on Earning
Assets
Provision for Allowance for 362.89% 251.84% 282.80% 466.53% 238.13%
Impairment Losses/NPF
NPF Gross 2.94% 2.65% 2.37% 1.91% 1.36%
NPF Nett 0.29% 0.34% 0.18% 0.02% 0.26%
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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2023 2022 2021 2020 2019
Audited Audited Audited Audited Audited
Profitability
Return on Assets (RoA) 6.34% 11.43% 10.72% 7.16% 13.58%
Return on Equity (RoE) 13.22% 24.21% 23.67% 16.08% 31.20%
Cost to Income Ratio (CIR) 38.38% 36.71% 39.35% 44.68% 44.50%
Operational Costs to Operating 76.24% 58.12% 59.97% 72.42% 58.07%
Income (BOPO)
Profit Sharing Financing to Total 0.17% 0.52% 0.10% 0.09% 0.32%
Financing
Profit (Loss) to Total Assets Ratio 5.04% 8.41% 7.90% 5.20% 9.10%
Profit (Loss) to Equity Ratio 12.31% 21.17% 20.65% 14.54% 25.95%
Profit (Loss) to Revenue Ratio 18.61% 32.72% 31.20% 21.05% 31.28%
Liabilities to Equity Ratio 31.19% 34.62% 35.84% 44.79% 45.22%
Liabilities to Total Assets Ratio 12.77% 13.75% 13.71% 16.02% 15.86%
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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performance highlights
2023 2022 2021 2020 2019
Audited Audited Audited Audited Audited
Liquidity
Financing to Deposit Ratio (FDR) 93.78% 95.68% 95.17% 97.37% 95.27%
Compliance
Percentage of LLL Violations
a. Related Parties 0.00% 0.00% 0.00% 0.00% 0.00%
b. Unrelated Parties 0.00% 0.00% 0.00% 0.00% 0.00%
Percentage of LLL Exceeded
a. Related Parties 0.00% 0.00% 0.00% 0.00% 0.00%
b. Unrelated Parties 0.00% 0.00% 0.00% 0.00% 0.00%
GWM Rupiah 5.54% 5.77% 3.80% 3.80% 4.90%
GWM Foreign Exchange 0.00% 0.00% 0.00% 0.00% 0.00%
Overall Net Open Position (NOP) 0.00% 0.00% 0.00% 0.00% 0.00%
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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Overview of
BTPN Syariah Shares
initial public offering of BTPN Syariah shares in 2018
One of the Bank's strategic priorities in 2018 was become more transparent by inviting the public to
the implementation of an Initial Public Offering get involved in developing the Indonesian economy.
(IPO), preceded by an increase in Authorized
Capital aimed to create enough space to issue new The decision to conduct an Initial Public Offering of
shares in the future. Shares was in accordance with the Resolution of
the Extraordinary General Meeting of Shareholders
This Initial Public Offering of BTPN Syariah Shares dated November 16, 2017 as outlined in the Deed
was in line with the Company's Mission and Vision of Statement of Shareholders Resolution on
to open financial access, while empowering inclusive Amendments to the Articles of Association of
communities and providing growth opportunities PT Bank Tabungan Pensiunan Nasional Syariah
for millions of Indonesian people to achieve a better 2017 (currently named PT Bank BTPN Syariah Tbk)
life. The Bank aimed to open up opportunities for Number 57 dated November 16, 2017.
change, become more able to adapt to progress and
initial public offerings of shares milestones in 2018
Description
Total Shares 7,703,700,000 shares
Founders Shares 6,933,330,000 shares
Public Offering 770,370,000 shares
Shares Nominal Value Rp100 per share
Initial Public Offering Price Rp975 per share
Share Registration Board Main Board
Share Listing Date May 8, 2018
Share Trading Commencement Date May 8, 2018
Name of Stock Exchange PT Bursa Efek Indonesia
Trading Code BTPS
Share Price at the Close of Trading as of December 31, 2023 Rp1,690 per share
buyback of BTPN Syariah shares in 2019
BTPN Syariah is committed to contributing by Law Number 6 of 2023 concerning Stipulation
through the Implementation of Governance in of Government Regulations in Lieu of Law
Providing Remuneration for Sharia Commercial Number 2 of 2022 concerning Job Creation
Banks in accordance with Financial Services Becoming a Law and Regulation of the Financial
Authority Regulation No. 59/POJK.03/2017 and in Services Authority (POJK) No. 30/POJK.04/2017
line with the implementation of Basel II regarding concerning the Buyback of Shares issued by
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Market Discipline in disclosing transparency to the a public company, BTPN Syariah has received
public and market players, especially regarding approval from Shareholders to carry out a Buyback
remuneration to encourage discipline so that of Bank Shares in the context of providing variable
stakeholders can provide reasonable assessments remuneration to the Board of Directors for the
while maintaining competitive advantage. Bank's performance, by referring to the Statement
of Decision of the Extraordinary General Meeting
Guided by the laws and regulations in force in of Shareholders of PT Bank Tabungan Pensiunan
the Republic of Indonesia, including Law No. 40 Nasional Syariah Tbk (currently named
of 2007 concerning Limited Liability Companies PT Bank BTPN Syariah Tbk) Number 02 dated
(UUPT), which has now been partly amended September 2, 2019.
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performance highlights
The implementation of the BTPN Syariah share Regarding the implementation of this share
buyback was completed on October 23, 2019 buyback, BTPN Syariah has submitted a share
totaling 2,500,000 (two million five hundred buyback Implementation Report to the Authority
thousand) shares with an average price of via letter No. S.360/DIR/CSL/XII/2019 dated
Rp 3,905.20. The total cost of share buyback was December 6, 2019 and has made Information
Rp 9,763 million. Disclosure on the BTPN Syariah website and the
Indonesian Stock Exchange website, which is
integrated with the Financial Services Authority
(OJK) website.
initial public offerings of shares milestones in 2019
Description
Submission of the Implementation Plan and Notification of the Extraordinary GMS Agenda July 17, 2019
to the Financial Services Authority (OJK)
Announcement of Plans to Hold an Extraordinary GMS Together with Information July 25, 2019
Disclosure regarding Share Buybacks
Invitation to the Extraordinary GMS August 9, 2019
Implementation of the Extraordinary GMS September 2, 2019
Summary of Extraordinary GMS Minutes in Newspapers and Website September 4, 2019
Implementation of Share Buyback October 23, 2019
Submission of Share Buyback Implementation Results Report December 6, 2019
(December reporting period)
The 2,500,000 shares resulting from the buyback have been recorded as shares in the Bank's Treasury.
transfer of a portion of BTPN Syariah treasury shares
The implementation of the transfer of Treasury shares in BTPN Syariah has received approval from the
Board of Commissioners as a result of the decision of the Extraordinary General Meeting of Shareholders
dated September 2, 2019 that the implementation of variable remuneration payments must be with
written approval from the Board of Commissioners.
The transfer of Treasury shares in BTPN Syariah resulting from the purchase in 2019 has been carried out
3 (three) times with the following details:
1. First Transfer
Distribution Date : January 25, 2021
Total Shares Transferred : 402,800 (Four Hundred Two Thousand and Eight Hundred) shares
Remaining Saham Treasuri : 2,097,200 (Two Million Ninety Seven Thousand Two Hundred) shares
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Reporting Date : January 26, 2021
first transfer of treasury shares milestones
Recommendations from the Nomination and Remuneration Committee for implementing a January 4, 2021
variable remuneration program in the form of share distribution to the Board of Directors in
accordance with Circular Decree No. 001/CIR/KNR/I/2021
Approval of the Board of Commissioners for the implementation of a variable remuneration January 4, 2021
program in the form of distribution of shares to the Board of Directors in accordance with
Circular Decree of the Board of Commissioners of BTPN Syariah No. 001/CIR/DEKOM/I/2021
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first transfer of treasury shares milestones
Submission of the Implementation Plan for the Distribution of a portion of Treasury Shares in January 8, 2021
order to provide them to the Board of Directors via Letter to the Financial Services Authority No.
S.008/DIR/CSGC/I/2021
Disclosure of Information regarding the Plan to Transfer a portion of Treasury Shares January 8, 2021
Submission of Additional Information regarding the Implementation of the Distribution of a January 19, 2021
portion of Treasury Shares in the context of providing Variable Remuneration by BTPN Syariah
Share Placement January 25, 2021
Disclosure of Information regarding the Implementation of the Transfer of a portion of Treasury January 25, 2021
Shares
Information Disclosure Report regarding the Realization of the Transfer of a portion of Treasury January 26, 2021
Shares to the Regulator through Directors' Letter No. S.028/DIR/CSGC/I/2021
Report on Ownership or Changes in Share Ownership of Members of the Board of Directors to January 26, 2021
the Regulator via Board of Directors' Letter No. S.027/DIR/CSGC/I/2021
Announcement at the 2021 Annual General Meeting of Shareholders regarding the Report on April 21, 2021
the Realization of the Transfer of Part of the Number of Shares Resulting from the Buyback
BTPN Syariah shareholders composition (as of December 31, 2021)
Total Share Ownership Total Share Ownership Total Share Ownership Total Share Ownership
(after the first transfer
(Prior to share buyback) (Post share buyback) as of
Shareholders of Treasury shares)
as of November 30, 2019 as of December 31, 2019 December 31, 2021
as of January 31, 2021
Shares % Shares % Shares % Shares %
PT Bank
5,392,590,000 70% 5,392,590,000 70% 5,392,590,000 70% 5,392,590,000 70%
BTPN Tbk
Public 2,311,110,000 30% 2,308,610,000 29.97% 2,309,012,800 29.97% 2,309,012,800 29.97%
Treasury
- - 2,500,000 0.03% 2,097,200 0.03% 2,097,200 0.03%
Shares
Total 7,703,700,000 100% 7,703,700,000 100% 7,703,700,000 100% 7,703,700,000 100%
2. Secondary Transfer
Distribution Date : January 25, 2022
Total Shares Transferred : 829,200 (Eight Hundred Twenty Nine Thousand and Two Hundred) shares
Remaining Treasury Shares : 1,268,000 (One Million Two Hundred and Sixty Eight Thousand) shares
Reporting Date : January 26, 2022
secondary transfer of treasury shares milestones
Recommendations of the Nomination and Remuneration Committee for implementing a variable December 16, 2021
remuneration program in the form of share distribution to the Board of Directors in accordance
with the Minutes of Committee Meeting No. 004/RNC/XII/2021
Approval of the Board of Commissioners for the implementation of a variable remuneration December 16, 2021
program in the form of distribution of shares to the Board of Directors in accordance with
the Minutes of Meeting of the Board of Commissioners of BTPN Syariah
No. MOM.013/KOM/CSGC/XII/2021
Submission of the Implementation Plan for the Distribution of a portion of Treasury Shares in January 10, 2022
PT Bank BTPN Syariah Tbk | 2023 Annual Report
the context of providing Variable Remuneration to the Board of Directors via Letter to the
Financial Services Authority No. S.008/DIR/CSGC/I/2022
Disclosure of Information regarding the Plan to Transfer a portion of Treasury Shares January 10, 2022
Share Placement January 25, 2022
Disclosure of Information regarding the Implementation of the Transfer of a portion of Treasury January 25, 2022
Shares
Information Disclosure Report regarding the Realization of the Transfer of a portion of Treasury January 26, 2022
Shares to the Regulator through the Board of Directors Letter Number S,031/DIR/CSGC/I/2022
Report on Ownership or Changes in Share Ownership of Members of the Board of Directors to January 26, 2022
the Regulator via the Board of Directors Letter No. S.030/DIR/CSGC/I/2022
Announcement at the 2022 Annual General Meeting of Shareholders regarding the Report on April 21, 2022
the Realization of the Transfer of Part of the Number of Shares Resulting from the Buyback
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performance highlights
BTPN Syariah shareholders composition (as of December 31, 2022)
Total Share Ownership Total Share Ownership Total Share Ownership
as of (Post secondary transfer of Treasury shares) as of
Shareholders
December 31, 2021 as of January 25, 2022 December 31, 2022
Shares % Shares % Shares %
PT Bank 5,392,590,000 70% 5,392,590,000 70% 5,392,590,000 70%
BTPN Tbk
Public 2,309,012,800 29.97% 2,309,842,000 29.98% 2,309,842,000 29.98%
Treasury
2,097,200 0.03% 1,268,000 0.02% 1,268,000 0.02%
Shares
Total 7,703,700,000 100% 7,703,700,000 100% 7,703,700,000 100%
3. Third Transfer
Distribution Date : January 25, 2023
Total Shares Transferred : 651,900 (Six Hundred Fifty One Thousand Nine Hundred) shares
Remaining Treasury Shares : 616,100 (Six Hundred Sixteen Thousand and One Hundred) shares
Reporting Date : January 26, 2023
third transfer of treasury shares milestones
Recommendations of the Nomination and Remuneration Committee for implementing a variable November 11, 2022
remuneration program in the form of share distribution to the Board of Directors in accordance
with the Minutes of Committee Meeting No. M.006/RNC/XI/2022
Approval of the Board of Commissioners for the implementation of a variable remuneration November 11, 2022
program in the form of distribution of shares to the Board of Directors in accordance
with the Minutes of Meeting of the Board of Commissioners of BTPN Syariah
No. MOM.012/KOM/CSGC/XI/2022
Submission of the Implementation Plan for the Distribution of a portion of Treasury Shares in the January 10, 2023
context of providing Variable Remuneration to the Board of Directors via Letter to the Financial
Services Authority No. S.006/DIR/CSGC/I/2023
Disclosure of Information regarding the Plan to Transfer a portion of Treasury Shares January 10, 2023
Share Placement January 25, 2023
Disclosure of Information regarding the Implementation of the Transfer of a portion of Treasury January 25, 2023
Shares
Information Disclosure Report regarding the Realization of the Transfer of a portion of Treasury January 26, 2023
Shares to the Regulator through Board of Directors' Letter No. S.034/DIR/CSGC/I/2023
Report on Ownership or Changes in Share Ownership of Members of the Board of Directors January 26, 2023
to the Regulator via Board of Directors Letter
No. S.035/DIR/CSGC/I/2023 to No. S.039/DIR/CSGC/I/2023
Announcement at the 2023 Annual General Meeting of Shareholders regarding the Report on the April 12, 2023
Realization of the Transfer of Part of the Number of Shares Resulting from the Buyback
BTPN Syariah shareholders composition (as of December 31, 2023)
Total Share Ownership Total Share Ownership Total Share Ownership
as of (post third transfer of Treasury shares) as of
Shareholders
December 31, 2022 as of January 25, 2023 December 31, 2023
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Shares % Shares % Shares %
PT Bank 5,392,590,000 70% 5,392,590,000 70% 5,392,590,000 70%
BTPN Tbk
Public 2,309,842,000 29.98% 2,310,493,900 29.99% 2,310,493,900 29.99%
Treasury
1,268,000 0.02% 616,100 0.01% 616,100 0.01%
Shares
Total 7,703,700,000 100% 7,703,700,000 100% 7,703,700,000 100%
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dividend distribution at BTPN Syariah
initial cash dividend distribution
In fulfillment of commitments in line with the 2018 Initial Public Offering Prospectus, BTPN Syariah has
paid initial cash dividends to Shareholders in 2020 based on the performance of the 2019 financial year
with a payout ratio of 25% (Twenty Five Percent).
first cash dividend distribution milestones
Description
End of Trading Period for Shares with Dividend Rights (Cum Dividend)
Regular and Negotiated Markets April 24, 2020
Cash Market April 28, 2020
Beginning of Stock Trading Period without Dividend Rights (Ex Dividend)
Regular and Negotiated Markets April 27, 2020
Cash Market April 29, 2020
Recording Date of Shareholders Entitled to Dividends April 28, 2020
Cash Dividend Payment Date May 20, 2020
Further information regarding the distribution of the Initial Cash Dividend has been disclosed in the 2020
BTPN Syariah Annual Report.
second cash dividend distribution
BTPN Syariah distributed its second Cash Dividend to Shareholders in 2021 based on the performance of
the 2020 financial year, with a payout ratio of 30% (Thirty Percent).
second cash dividend distribution milestones
Description
End of Trading Period for Shares with Dividend Rights (Cum Dividend)
Regular and Negotiated Markets April 29, 2021
Cash Market May 3, 2021
Beginning of Stock Trading Period without Dividend Rights (Ex Dividend)
Regular and Negotiated Markets April 30, 2021
Cash Market May 4, 2021
Recording Date of Shareholders Entitled to Dividends May 3, 2021
Cash Dividend Payment Date May 20, 2021
Further information regarding the Distribution of the Second Cash Dividend has been disclosed in the 2021
BTPN Syariah Annual Report.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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performance highlights
third cash dividend distribution
BTPN Syariah will distribute its third Cash Dividend to Shareholders in 2022 based on the performance of
the 2021 financial year, with a payout ratio of 32.5% (Thirty Two Point Five Percent).
third cash dividend distribution milestones
Description
End of Trading Period for Shares with Dividend Rights (Cum Dividend)
Regular and Negotiated Markets May 9, 2022
Cash Market May 11, 2022
Beginning of Stock Trading Period without Dividend Rights (Ex Dividend)
Regular and Negotiated Markets May 10, 2022
Cash Market May 12, 2022
Recording Date of Shareholders Entitled to Dividends May 11, 2022
Cash Dividend Payment Date May 20, 2022
Further information regarding the Distribution of the Third Cash Dividend has been disclosed in the 2022
BTPN Syariah Annual Report.
fourth cash dividend distribution
BTPN Syariah distributed its fourth Cash Dividend to Shareholders in 2023 based on performance for
the 2022 financial year, with a payout ratio of 40.0% (Forty Point Zero Percent).
Further information regarding the distribution of the fourth cash dividend is disclosed in the Corporate
Actions section of this 2023 Annual Report.
BTPN Syariah share performance in 2023
BTPN Syariah is entering its fifth year as a public company since listing its initial shares on the Indonesia
Stock Exchange on May 8, 2018 with the stock code BTPS.
At the opening of trading at the beginning of January 2023, BTPN Syariah shares were worth Rp 2,830
per share with a market capitalization value of Rp 19.72 million and at the closing trading session at
the end of December 2023 they were worth Rp 1,690 per share with the market capitalization value
reached Rp 13.02 million.
BTPN Syariah shares did not receive any suspension throughout 2023
As part of its commitment to improving the quality of governance implementation, BTPN Syariah
continuously improves the quality of good communication to shareholders, investors and stakeholders to
ensure that all information related to BTPN Syariah is conveyed clearly, transparently and on time.
There was no suspension of trading in BTPN Syariah shares by the Indonesian Stock Exchange in 2023. PT Bank BTPN Syariah Tbk | 2023 Annual Report
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Stock Performance of
BTPN Syariah
As of December 31, 2023
4500
4000
3500
3000
2500
2000
1500
1000
500
01/22 02/22 03/22 04/22 05/22 06/22 07/22 08/22 09/22 10/22 11/22 12/22 01/23 02/23 03/23 04/
Highest Lowest Closing
Period
2022 2023 2022 2023 2022 2023
January 3,790 2,890 3,300 2,450 3,480 2,560
February 3,990 2,660 3,400 2,290 3,590 2,340
March 3,650 2,390 2,930 2,000 3,300 2,190
April 3,460 2,340 3,100 2,090 3,450 2,140
May 3,500 2,160 2,830 1,885 3,050 1,900
June 3,180 2,200 2,810 1,855 2,820 2.070
July 2,870 2,350 2,530 2,060 2,810 2,130
August 3,070 2,260 2,700 2,050 2,960 2,160
September 3,070 2,230 2,670 1,860 2,730 1,905
October 3,020 1,925 2,630 1,550 2,950 1,575
PT Bank BTPN Syariah Tbk | 2023 Annual Report
November 3,380 1,825 2,960 1,575 3,200 1,655
December 3,200 1,720 2,650 1,565 2,790 1,690
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performance highlights
70.000.000
60.000.000
50.000.000
40.000.000
30.000.000
20.000.000
10.000.000
11/22 12/22 01/23 02/23 03/23 04/23 05/23 06/23 07/23 08/23 09/23 10/23 11/23 12/23
Volume Market Capitalization
Period (shares) (in million Rupiah)
2022 2023 2022 2023
January 560,400 4,174,600 26,808,876 19,721,472
February 3,431,100 27,274,100 27,656,283 18,026,658
March 1,568,300 7,553,300 25,422,210 16,871,103
April 7,863,200 12,782,300 26,577,765 16,485,918
May 8,961,800 16,611,000 23,496,285 14,637,030
June 6,257,000 37,796,500 21,724,434 15,946,659
July 2,100,700 17,648,500 21,647,397 16,408,881
August 1,292,700 7,543,200 22,802,952 16,639,992
September 2,322,700 7,677,700 21,031,101 14,675,549
October 5,625,100 9,025,400 22,725,915 12,133,328
PT Bank BTPN Syariah Tbk | 2023 Annual Report
November 12,398,600 12,649,900 24,651,840 12,749,624
December 3,136,900 6,869,200 21,493,323 13,019,253
Note
BTPN Syariah officially listed and traded its shares on the Indonesia Stock Exchange on May 8, 2018.
The 2023 Closing Share Price is Rp 1,690.
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LIST OF BTPN Syariah SHARE PERFORMANCE INDEXES
on the Indonesian Stock Exchange
Until December 31, 2023, BTPN Syariah was listed in several indices on the Indonesia Stock Exchange:
No. Index Definition Period
CSPI is an index that measures the price performance Since May 2018
1 IHSG of all shares listed on the main board and development
board of the Indonesian Stock Exchange
IDX80 is an index that measures the price performance 1. August 2019 – January 2020
of 80 shares that have high liquidity and large market 2. February 2020 – July 2020
capitalization and are supported by good company 3. August 2020 – January 2021
fundamentals. 4. February 2021 – July 2021
IDX80 index calculation factors: 5. August 2021 – January 2022
a. Liquidity: transaction value, transaction frequency, 6. January 2022 – August 2022
2 IDX80 Index number of trading days in the regular market and free 7. August 2022 – January 2023
float stock market capitalization; and
b. Fundamentals: financial performance, compliance and
more.
c. Periodical review:
• Major Review: January and July
• Minor Review: April and October
The LQ45 Index is an index that measures the price 1. August 2019 – January 2020
performance of 45 shares that have high liquidity and 2. February 2020 – July 2020
large market capitalization and are supported by good 3. August 2020 – January 2021
company fundamentals. LQ45 Index calculation factors: 4. February 2021 – July 2021
a. Liquidity: transaction value, transaction frequency,
number of trading days in the regular market and free
3 LQ45 Index
float stock market capitalization; and
b. Fundamentals: financial performance, compliance and
more.
c. Periodical review:
• Major Review: January and July
• Minor Review: April and October
The IDX30 Index is an index that measures the price 1. August 2020 – January 2021
performance of 30 shares that have very high liquidity, 2. February 2021 – July 2021
large market capitalization, and are supported by good
company fundamentals. Where the constituents are part
of the LQ45 Index. IDX30 Index calculation factors:
a. Liquidity: transaction value, transaction frequency,
4 IDX30 Index number of trading days in the regular market and free
float stock market capitalization; and
b. Fundamentals: financial performance, compliance and
more.
c. Periodical review:
• Major Review: January and July
• Minor Review: April and October
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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performance highlights
No. Index Definition Period
The Quality 30 Index is an index that measures the price 1. August 2020 – January 2021
performance of 30 shares whose companies historically 2. February 2021 – July 2021
have relatively high profitability, good solvency and
Quality 30 stable profit growth with transaction liquidity and good
5
Index financial performance.
Periodical review
• Major Review: January and July
• Minor Review: April and October
The Growth 30 Index is an index that measures the price 1. August 2021 – February 2022
Growth 30 performance of 30 shares that have price trends relative 2. May 2022 – August 2022
6
Index to net profit and revenue growth with transaction
liquidity and good financial performance.
The ISSI Index is an index that measures the price Since May 8, 2018
performance of all shares on the Main Board and
7 ISSI Index Development Board which are declared as sharia shares
in accordance with the Sharia Securities List (DES)
determined by the Financial Services Authority (OJK).
The JII Index is an index that measures the price 1. June 2019 – November 2019
performance of 30 sharia shares with relatively large 2. December 2019 – July 2020
8 JII Index market capitalization and high liquidity. 3. August 2020 – November 2020
Periodical review: 4. December 2020 – May 2021
Every 6 months, namely every May and November.
1. June 2019 – November 2019
2. December 2019 – July 2020
3. August 2020 – November 2020
The JII70 Index is an index that measures the price
4. December 2020 – July 2021
performance of 70 sharia shares with relatively large
5. August 2021 – November 2021
9 JII70 Index market capitalization and high liquidity.
6. December 2021 – May 2022
Periodical review:
7. June 2022 – November 2022
Every 6 months, namely every May and November
8. December 2022 – May 2023
9. June 2023 – November 2023
10. December 2023 – May 2024
1. August 2018 – January 2019
2. February 2019 – July 2019
3. August 2019 – January 2020
An index that measures the price performance of stocks 4. February 2020 – July 2020
with high liquidity that have small and medium market 5. August 2020 – January 2021
SMC Liquid
10 capitalization. 6. February 2021 – July 2021
IDX
Periodical review: 7. August 2021 – February 2022
Every 6 months, namely every January and July. 8. February 2022 – August 2022
9. August 2022 – February 2023
PT Bank BTPN Syariah Tbk | 2023 Annual Report
10. February 2023 – August 2023
11. August 2023 – February 2024
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No. Index Definition Period
1. August 2018 – January 2019
2. February 2019 – July 2019
3. August 2019 – January 2020
4. February 2020 – July 2020
An index that measures the price performance of stocks
SMC 5. August 2020 – January 2021
with small and medium market capitalization.
11 Composite 6. February 2021 – July 2021
Periodical review:
IDX 7. August 2021 – February 2022
Every 6 months, namely every January and July.
8. February 2022 – August 2022
9. August 2022 – February 2023
10. February 2023 – August 2023
11. August 2023 – February 2024
The MNC36 Index is an index that measures the
price performance of 36 shares that have positive
performance selected based on market capitalization,
transaction liquidity, and fundamentals and financial
12 MNC36 Index ratios. The MNC36 index was launched and managed in November 2020 – April 2021
collaboration with the media company Media Nusantara
Citra (MNC) Group.
Periodical review:
Every 6 months, namely every April and October.
1. July 2019 – December 2019
The INFOBANK15 Index is an index that measures 2. January 2020 – August 2020
the price performance of 15 banking stocks that have 3. September 2020 – December
good fundamental factors and high trading liquidity. 2020
INFOBANK15 The infobank15 index was launched and managed in 4. January 2021 – June 2021
13
Index collaboration with the media company PT Info Artha 5. July 2021 – December 2021
Pratama (publisher of Infobank Magazine). 6. January 2022 – June 2022
Periodical review: 7. July 2022 – December 2022
Every 6 months, namely every June and December. 8. January 2023 – June 2023
9. July 2023 – December 2023
The Bisnis27 Index is an index that measures the price
performance of 27 shares selected by the Indonesian
Business Index Committee. The BISNIS-27 Index was
Bisnis-27 launched and managed in collaboration with the media
14 November 2020 – April 2021
Index company PT Jurnalindo Aksara Graphics
(publisher of the daily newspaper Bisnis Indonesia).
Periodical review:
Every 6 months, namely every April and October.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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performance highlights
No. Index Definition Period
1. August 2019 – January 2020
The KOMPAS100 Index is an index that measures the
2. February 2020 – July 2020
price performance of 100 shares that have good liquidity
3. August 2020 – January 2021
and large market capitalization. The KOMPAS100 index
4. February 2021 – July 2021
KOMPAS100 was launched and managed in collaboration with the
15 5. August 2021 – January 2022
Index media company Kompas Gramedia Group (publisher of
6. February 2022 – July 2022
the Kompas daily newspaper).
7. August 2022 – January 2023
Periodical review:
8. February 2023 – July 2023
Every 6 months, namely every January and July.
9. August 2023 – January 2024
The Pefindo25 Index is an index that measures the
share price performance of 25 small and medium listed
1. August 2021 – January 2022
companies that have good financial performance and
2. February 2022 – July 2022
Pefindo25 high transaction liquidity. The PEFINDO25 Index was
16 3. August 2022 – January 2023
Index launched and managed in collaboration with the rating
4. February 2023 – July 2023
company PT Pemeringkat Efek Indonesia (PEFINDO).
5. August 2023 – January 2024
Periodical review:
Every 6 months, namely every January and July.
An index containing stocks with ESG performance
assessment results that are above the sector average
and have good liquidity. Industrial classification refers
to the IDX industrial Classification (IDX-IC). ESG Sector
ESGS
17 Leaders IDX KEHATI was launched and managed in Since December 2021
KEHATI Index
collaboration with the Indonesian Biodiversity Foundation
(KEHATI Foundation).
Periodical review:
Every 6 months, namely every May and November
An index containing the 45 best stocks based on ESG
performance assessments and company financial
quality and good liquidity. ESG Quality 45 IDX KEHATI
ESGQ
18 was launched and managed in collaboration with the Since December 2021
KEHATI Index
Indonesian Biodiversity Foundation (KEHATI Foundation).
Periodical review:
Every 6 months, namely every May and November
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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Significant
EVENTS 2023
Throughout 2023, BTPN Syariah experienced a
series of significant and meaningful moments,
steadfast in its mission to empower inclusive
communities and facilitate the swift realization of
noble intentions.
14.04
Received Affirmation of the
National Long-term Rating
Remaining at AAA (idn)
Stable Outlook
21.02
Umrah in One Flight BTPN Syariah once again earned a high level of trust, as
with 320 Inspirational evidenced by its performance and reaffirmation by PT Fitch
Ratings Indonesia. The National Long-Term Rating remained
Customers and at AAA (idn) with a Stable Outlook. This AAA National Rating
#bankirpemberdaya signifies the highest rating awarded to an issuer or bond,
indicating the lowest expected risk of default compared to all
other issuers or bonds within the same country or monetary
The One Flight Umrah Program, which took place from union.
February 22 to March 3, 2023, marked a remarkable gesture
of appreciation for 320 loyal customers who had shown
growth. These inspiring customers hailed from various regions
across Indonesia, including Sumatra, Java, Kalimantan,
Sulawesi, Bali, and Nusa Tenggara.
12.05 Distribution of Cash
Dividends to Shareholders
12.04
BTPN Syariah once again distributed dividends based on its
Annual General Meeting
PT Bank BTPN Syariah Tbk | 2023 Annual Report
performance for the financial year ending on December 31,
of Shareholders 2022. This marks the fourth dividend distribution since BTPN
Syariah became a public company in 2018, demonstrating the
firm's steadfast commitment to its shareholders.
During the BTPN Syariah Annual General Meeting of
Shareholders, several significant resolutions were made.
These included the approval of the Financial Report, Annual
Report, and Sustainability Report for the 2022 financial year,
along with other agendas. Additionally, the appointment of
Dewi Nuzulianti as director to replace Gatot Adhi Prasetyo,
and Mulya Effendi Siregar as an Independent Commissioner
replacing Yenny Lim was also approved.
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performance highlights
26.06 ISO 27001 Certification
26.10 Go Live Treasury System
OSTS
BTPN Syariah has attained ISO 27001 certification in support of The OSTS Treasury System has been successfully
its Information Security Management System. implemented and is now operational. With this system in
place, BTPN Syariah's treasury transaction process has
become more automated, spanning from transaction
dealing to bookkeeping. This advanced system also provides
enhanced support for treasury activities, elevating the
efficiency and effectiveness of the overall process.
14.07 Celebrating a Decade of
BTPN Syariah
01.12
The 10th anniversary celebration of BTPN Syariah was a
memorable event, marked by inspiring stories that resonated
Improvements on New
with both #bankirpemberdaya and customers alike, held Tepat Mobile feature e-KYC
simultaneously across various locations.
#semakinmudah (so much easier) to open BTPN Syariah
savings account with Tepat Mobile where more and more
people can empower others. Fundings are directed entirely
towards financing productive ultra-micro businesses, thereby
empowering inclusive communities across Indonesia.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
26.10 Live Public Expose
BTPN Syariah's Annual Public Expose on Financial Performance,
as of September 30, 2023, was conducted both live and online.
This event was organized as part of the initiative to enhance
capital market literacy. It aimed to introduce and foster broader
access and relationships between BTPN Syariah and local retail
investors in Indonesia.
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Awards 2023
In the journey of faithfully empowering, guided by the principles of
good governance, BTPN Syariah has garnered notable achievements
and accolades from diverse entities.
international
23.08 28.08
Mercomm Inc - ARC Awards International XXXVII Annual Report Competition by LACP
Vision Award 2023
Gold Award – Sustainability Report 2022
• Gold Award
• Top 80 Reports Asia-Pacific Region
• Top 20 Indonesian Reports
• Technical Achievement Report
national
31.01 17.03
2021 ASEAN Corporate Governance Scorecard Public Relations Indonesia Awards 2023
• Domestic Significantly Improved PLCs category • Most Popular Categories in Print and Online Media
• ASEAN Asset Class PLCs category 2022; sub-categories of national and multinational
publicly listed companies
• Gold Winner private sector annual report category;
annual report sub-category
31.01 17.03
Infobank 12th Digital Brand Awards Warta Ekonomi Indonesia
Sharia Finance Awards 2023
• The Best Sharia Bank (KBMI) 3 – Asset category
PT Bank BTPN Syariah Tbk | 2023 Annual Report
under 50T • Indonesia Best Sharia Finance 2023 with
Outstanding Development of Digital Ecosystem to
Improve Financial Inclusion and Banking Access –
Category Sharia Bank
26.05 23.06
Her Story Indonesia Best Workplace for Women 52 Indeks Tempo – IDN
Awards 2023
Portfolio financial performance that has increased in
• Best Workplace for Women 2023 in Dedicating the last 5 years until February 2023 for the categories:
for Inclusive Employees Development – Category • Main Index
Sharia Bank • High Growth
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performance highlights
05.07
Nusantara CSR Awards 2023
• Category/SDGs #3 Healthy and prosperous life for the inclusive family healthy life and welfare program
• Category/SDGs #5 Gender equality for the Program to Achieve Gender Equality Through Women's
Empowerment in Remote Areas of the Country
24.08 25.08 18.09
Bisnis Indonesia Financial Award 28 th
Infobank Award The 14th Indonesian Institute
(BIFA) 2023 for Corporate Directorship (IICD)
• Excellent Financial Performance Corporate Governance
• The Best Performance Bank Bank in 5 Consecutive Years Conference and Award
• The Most Efficient Bank (2018-2022)
• Excellent Financial Performance • Top 50 issuers with the biggest
Bank in 2022 Market Capitalization
(Big Cap)
• Best Financial Sector
29.09 30.10
12th Sharia Award 2023, Infobank CNBC Awards 2023: Best Sharia
Bank – CNBC Indonesia
• The Best Islamic Commercial Banking in Performance Quality and Most Outstanding Sharia Banking
Empowering Micro Business in Microfinance
• Excellence Financial Performance Islamic Commercial Banking in
5 Consecutive Years (2018-2022)
• Excellence Financial Performance Islamic Commercial Banking in 2022
KBMI 2 (asset class < Rp 50 T)
27.11 29.11 30.11
5th Anniversary Best 50 Financial Bank Indonesia (BI) Award 2023 Anugerah Syariah Republika (ASR)
Institution Awards 2023 - BI 2023 - Republika
Best Brand Popularity in Sharia • Best Inclusive Financing Most Outstanding Sharia Banking
Bank Category Supporting Bank in Microfinance
• Best BI FMI System (BI-RTGS
PT Bank BTPN Syariah Tbk | 2023 Annual Report
and BI-SSSS) participant
05.12 05.12
Social Collaboration Summit (SCS) 2023 – Yayasan
Daarut Tauhiid (DT) Top 100 CEO & The Next Leader 2023- Infobank
• Top 100 CEO (Hadi Wibowo)
Inspirational CSR Partner Nominee
• Top 200 The Next Leader (Fachmy Ahmad)
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PT Bank BTPN Syariah Tbk | 2023 Annual Report 40
Page 43
Report
MANAGEMENT
02
PT Bank BTPN Syariah Tbk | 2023 Annual Report
41
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Kemal Azis Stamboel
President Commissioner/Independent
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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management report
PRESIDENT COMMISSIONER
Report
BTPN Syariah's commitment to faithfully empowering productive
pre-prosperous customers is a conscious choice to make
a significant positive impact on millions of inclusive
Indonesian society.
Bismillahirrahmanirrahim developed countries, such as Germany and China,
Assalamualaikum Warahmatullahi Wabarakatuh face economic slowdowns. Prolonged Russia-
Respected Stakeholders, Ukraine conflict, Israel-Palestine conflict, and
tensions in the South China Sea also contribute to
Alhamdulillah, we express our gratitude to vulnerability and protectionism. Producer countries
Allah SWT for His blessings and mercy to all prioritize domestic needs, affecting global trade.
#bankirpemberdaya serving inclusive customers The International Monetary Fund (IMF) projects
in line with BTPN Syariah's vision and mission, global economic growth in 2023 at only 3%, lower
meeting the expectations of stakeholders in the than the previous year's 3.5%. The World Bank
challenging conditions in 2023. even predicts lower global economic growth in
2023, at 2.1%.
In carrying out the supervisory function, the
Board of Commissioners has paid special attention The decrease in global demand for consumer
to the slow economic recovery in the ultra-micro goods, coupled with geopolitical instability, has
segment, coupled with uncertainties in the affected the export performance of several
financial sector. The Board of Commissioners countries, including Indonesia. Nevertheless,
inputs in 2023 focused on the Bank's efforts to national economic growth is still above 5% with
empower and assist pre-prosperous productive maintained inflation. Macroscopically, Indonesia's
customers to recover to pre-pandemic levels. The achievements in 2023 were better than many
The Board of Commissioners also ensured that other countries in the ASEAN and G20. This
every strategic step taken by the management condition provides optimism amid the widening
aligns with the goal of realizing the digital economic disparity after the Covid-19 pandemic.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
ecosystem aspiration initiated in the previous year. Throughout 2023, the upper-middle-income group
has boosted growth, reflected in the recovery of
view on economic and industry conditions large-medium business groups to pre-pandemic
We are grateful that the global recession predicted conditions. On the other hand, the lower economic
for 2023 did not occur despite the ongoing bracket needed more time to recover, affecting
uncertainty in the world. The global economy the performance of financial service providers
post Covid-19 pandemic recovery turned out serving this segment. Fintech companies targeting
to take longer than expected. The persistent tier-3 and tier-4 cities have started reducing
inflation in the United States has led The Fed to their exposure. Meanwhile, some banks faced
maintain high-interest rates. Meanwhile, other deteriorating loan quality.
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For more than a decade, BTPN Syariah, However, every cloud has a silver lining.
which focuses on financing for the productive The Covid-19 pandemic, laden with extraordinary
pre-prosperous segment, has faced similar challenges, has cultivated resilience and a strong
challenges. The slow economic recovery in the fighting spirit among our inclusive customers.
lower-middle class directly impacts the Bank's All #bankirpemberdaya have unwavering
portfolio performance. However, BTPN Syariah's confidence in the ability of pre-prosperous
commitment to the previously unbanked inclusive productive customers to rise and recover. With
community has been a commitment since the consistent mentoring, they will undoubtedly
Bank's inception. BTPN Syariah specifically achieve sustainable economic improvement, even
provides financing facilities with mentoring though it may require time.
for productive pre-prosperous women. This
commitment creates a unique business model, The Board of Commissioners acknowledges that
requiring a human touch and strength of heart the Board of Directors and the Management
to implement. #bankirpemberdaya are required have successfully implemented an approach
to have a strong determination that what and mindset focused on problem-solving and
BTPN Syariah does is a direct contribution to solutions to address the challenges of 2023.
empowering the inclusive community in remote The Board of Commissioners appraises that
Indonesia. With this conviction, BTPN Syariah's the Directors and Management have adeptly
consistency in assisting pre-prosperous productive adapted to the challenging situation and
mothers has been tested from year to year. tailored services to meet the evolving needs of
The mentoring aimed at building four superior customers.
behaviors in inclusive customers: Courage,
Discipline, Hard Work, and Mutual Assistance The Bank continues its selective approach
(BDKS) has proven to have a positive impact in seeking new customers. Group-based
on realizing a better life. The Bank continues financing products are further strengthened
to assist inspirational customers in expanding to facilitate portfolio monitoring.
their businesses, inspiring more pre-prosperous Community Officers (CO) are equipped with
productive mothers. This unique business model a continuously refined digital application
proves to be more sustainable and has a broad to enhance customer service. Productivity
impact, both for the Bank and for customers and increases with a more efficient working
the inclusive segment in Indonesia. system.
performance evaluation of the Board of Empowering productive pre-prosperous
Directors customers now involves multiple parties
Alhamdulilah, we have passed the pandemic through the Bestee Tepat platform and
stage, however, it is inevitable that we must synergy with the Ministry of Education,
continue on this challenging transitional stage. Culture, Research, and Technology
With a situation vastly different from before the (Kemendikbudristek) and universities. Many
pandemic, we need new learning, discipline, and socially minded students are involved in this
new knowledge to be reintroduced to the inclusive program, directly engaging with productive
community. #bankirpemberdaya (empowered pre-prosperous women by applying their
PT Bank BTPN Syariah Tbk | 2023 Annual Report
bankers) in the field also need to update their academic knowledge in mentoring. Through
knowledge and be reminded of the choices and this approach, customers are encouraged
preferences of the Bank for the pre-prosperous but to optimize their potential for a better life.
productive segment. It's also the bank's way of encouraging more
parties, especially the younger generation,
to contribute to addressing real economic
disparities in the field.
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management report
The financing products resulting from customer and leverage technology for a better life. The
initiatives are showcased in BTPN Syariah's #bankirpemberdaya in the field sincerely and
updated branch offices, providing direct visibility wholeheartedly strive to introduce technology and
to funding customers. This experience enhances digitization to productive pre-prosperous women
the closeness and loyalty of funding customers, who previously only used mobile phones for calls
encouraging them to continue their positive and messages.
impact through BTPN Syariah's products. They are
also facilitated to transact from anywhere through Despite the challenges, we evaluate that the
the application enriched with zakat features and Board of Directors and Management can discern
sharia information. opportunities to serve customers better while
ensuring a significant social impact.
Meanwhile, for the organization, the Bank The Board of Commissioners assesses the Board
continues to refine operational processes for of Directors performance in ensuring that the
efficiency. Digitization and automation are Bank's empowerment of inclusive customers is
continually enhanced to achieve the expected highly optimal and meets expectations.
efficiency. The Bank also adopts a new approach The dedicated efforts of #bankirpemberdaya have
for employees, predominantly from Generation Z successfully assisted millions of inclusive customers
(Gen-Z), aiming to increase their loyalty through in navigating through 2023, upholding the four
more relevant methods. superior behaviors or BDKS.
All these efforts, as assessed by the Board Therefore, the Board of Commissioners expresses
of Commissioners, reflect the commitment high appreciation for the Bank's demonstrated
and seriousness of the Board of Directors commitment in accompanying the steps of
and management in maintaining the Bank's inclusive customers. The Board of Commissioners
performance and providing a positive impact on also observes that all work plans and strategies
the inclusive community. We believe that more presented have progressed well and optimally.
than a decade of experience among the pre- The trust of funding customers reflects how
prosperous community strengthens and enables the performance of the Board of Directors and
the Bank to adopt the right approaches and Management extends beyond positive returns,
methods in maintaining the quality of financing. fostering a sense of togetherness that strengthens
Healthy performance is reflected in BTPN the Bank's actions as reflected in its 2023
Syariah's financial ratios, which are higher than its performance.
industry.
assessment of governance
The technology and digitization aspects are Since its inception, BTPN Syariah has
continually evolving in tandem with the Bank's consistently adhered to good governance
efforts to establish the sharia digital ecosystem, principles, embodying its role as a Sharia
demonstrating the Bank's understanding Commercial Bank, Public Company, and Financial
of the conditions and needs of the inclusive Services Institution. The Bank transparently
community. The productive pre-prosperous discloses information, ensuring accessibility
segment adaptive ability to technological and and comprehension by stakeholders as an
PT Bank BTPN Syariah Tbk | 2023 Annual Report
digitization developments, distinct from other accountability measure for genuine, measured
groups, has been aptly addressed. We believe that performance in accordance with applicable
all digital initiatives implemented by the Board regulations. Managed independently, the Bank
of Directors and Management have considered considers the interests of shareholders and other
aspects aligned with customer needs, streamlining stakeholders based on fairness and equality. For
processes for enhanced simplicity. The Bank's instance, the Bank promotes equal opportunities
initiatives, breakthroughs, and adjustments not in employee recruitment, allowing all employees
only grant access to formal financial services to pursue careers and fulfill their duties
but also prioritize empowerment, enabling professionally, without discrimination based
customers to enhance their business skills on ethnicity, religion, race, group, gender, or
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physical condition. Governance principles are a transition and the Nusantara Capital City (IKN)
daily obligation for all #bankirpemberdaya, and to project. On the other hand, the impact of uneven
enhance efforts, BTPN Syariah has adopted the economic recovery in 2023 is expected to remain
latest international CG (Corporate Governance) a challenge for the financial services sector. Some
Scorecard standards issued in 2023. financial service providers targeting tier-3 and
tier-4 are predicted to stabilize and shift their
The Board of Commissioners, the Sharia targets to areas near urban centers. Meanwhile,
Supervisory Board, and the Board of BTPN Syariah will persistently empower this
Directors are fully committed to ensuring the segment, considering the resilience demonstrated
implementation of GCG (Good Corporate in serving this segment repeatedly through
Governance) within its corridor. The supervisory challenging times. We assess that the efforts to
function of the Board of Commissioners over improve the quality of financing undertaken in
the Board of Directors and the Management 2023 can sustain the Bank's performance and will
is conducted intensively through regular and continue with the integration of various regional
periodic meetings. The Board of Commissioners' strategies and activities.
supervision focuses on the Bank's efforts to
strengthen service and business processes, Funding products are presented through improved
improve the organization's relevance in every services. The enhancement of mobile banking and
business dynamic, and the Bank's commitment internet banking services will persist, particularly in
that aligns with efforts to build a Sharia digital functional and display improvements that enhance
ecosystem for the inclusive community. the user experience (UI-UX). Consequently, funding
customers can realize their good intentions more
The Bank's commitment to continually improving easily, actively engaging in empowering the
the application of GCG principles is a key inclusive community in a convenient, safe, precise,
factor in achieving effective, efficient, and anytime, and anywhere manner.
sustainable business performance. The Board of
Commissioners is grateful for the 2023 Corporate Improvement efforts will align with the Bank's
Governance Award from the Indonesian Institute endeavor to establish the Sharia digital ecosystem
for Corporate Directorship (IICD) to BTPN Syariah. for the inclusive community. The pandemic has
accelerated the introduction of technology
prospects for 2024 and digitization to the inclusive community.
The pace of global economic recovery is expected However, digitalization processes inevitably
to remain slow and uneven in 2024, influenced take time, especially with limited capacity and
by the prolonged impact of inflation spikes the still sluggish economic growth. The Bank
and geopolitical crises. Domestically, economic recognizes that the development of technology
growth will be determined by key factors such and digitization will bring opportunities for
as investment recovery, increased consumer accelerating economic growth as well as the risk
spending, and government spending. The smooth of cybercrime. Promoting digital literacy among
running of the 2024 General Election democracy the inclusive community also entails accompanying
party, followed by the new Government leadership them during the education process. Through
period, will be crucial in determining next year's thousands of Mitra Tepat, acting as an extension
PT Bank BTPN Syariah Tbk | 2023 Annual Report
economic direction. of the Bank and delivering financial literacy, the
Board of Commissioners is confident that these
Nevertheless, Indonesia's achievements in 2023, efforts will undoubtedly yield positive impacts on
reflecting the resilience of the economic and their well-being in the future.
political foundation, provide a significant source
of optimism. We have full confidence in the Therefore, the Board of Commissioners instructs
Government's ability to accelerate the national the Directors and Management to remain
economic recovery to achieve a growth projection confident that BTPN Syariah has served the right
of 5.2%, according to the 2024 State Budget’s segment to realize good intentions more swiftly.
macro assumptions, with inflation maintained Despite the numerous challenges on its journey,
below 3%. The financial services sector will be we must maintain confidence that these good
encouraged to further drive economic growth intentions will lead to positive outcomes.
and investment in 2024, particularly in energy
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management report
The Board of Commissioners will ensure that the Mr. H. Ikhwan Abidin, MA, and Mr. H. Muhammad
Directors and Management continue to employ the Faiz, MA. The Sharia Supervisory Board's
right and effective methods, staying focused on supervision has managed to ensure that the
serving inclusive customers. Bank always stays within the Sharia corridor.
closing We appreciate the Board of Directors
Economic inequality, a particular concern of and the management team, as well as all
the Bank, is a shared responsibility for all. We #bankirpemberdaya, for their commitment,
hope that all parties, including customers and dedication, hard work, and integrity in loyally
stakeholders, will support each other for a more empowering inclusive customers, providing
equitable economic recovery, fostering stronger, opportunities for millions of Indonesians to grow
sustainable economic growth for all segments of and realize a more meaningful life.
society.
Wabillahitaufik Walhidayah Wassalammu’alaikum
Without the support of many parties, BTPN Warahmatullahi Wabarakatuh.
Syariah's commitment to serving inclusive
customers would lack meaning and endurance.
Therefore, on behalf of the Board of
Commissioners, I express my deepest gratitude
to all customers, shareholders, government,
regulators, and stakeholders for the support and Kemal Azis Stamboel
overflowing motivation given to BTPN Syariah. President/Independent Commissioner
I also extend my gratitude to the Chairman and
members of the Sharia Supervisory Board,
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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PT Bank BTPN Syariah Tbk | 2023 Annual Report
48
President Director
Hadi Wibowo
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management report
PRESIDENT DIRECTOR
Report Wholeheartedly, throughout 2023, all #bankirpemberdaya have
demonstrated unwavering faithfulness in empowering inclusive customers.
Bismillahirrahmanirrahim the pandemic. Central Bureau of Statistics (BPS)
Assalamualaikum Warahmatullahi Wabarakatuh data indicates that the productivity index for
Esteemed Shareholders & Stakeholders, Micro and Small Enterprises remains below pre-
pandemic levels, contrasting with the significant
We begin with gratitude to Allah SWT for His recovery observed in Large Medium Enterprises
mercy upon all #bankirpemberdaya who have productivity.
consistently dedicated themselves to faithfully
empowering inclusive customers amidst the faithfully empowering
challenges posed by the pandemic throughout Amidst various challenges contributing to the slow
2023. recovery of the middle to lower economic groups,
including the ultra-micro segment, one significant
The year 2023 witnessed a gradual economic factor is the limited circulation of money in rural
recovery following the Covid-19 pandemic. areas. Heightened economic uncertainty prompts
Mobility increased notably after the World Health investors to favor financial market investments
Organization officially rescinded the global over real sector ventures in rural regions. Citing
pandemic status in early May 2023, a development data from the Central Bureau of Statistics (BPS),
echoed in Indonesia when the national pandemic Indonesia's economic inequality reached its worst
status was officially lifted at the end of June level in the past five years as of March 2023.
2023. This increased mobility spurred household
consumption, supported by relatively stable This situation presented exceptional challenges
public purchasing power and sustained consumer for financial service providers targeting the middle
confidence, leading to robust domestic demand. to lower economic segments, particularly the
The Government's strategic measures effectively ultra-micro segment. Several fintech companies
controlled inflation, maintaining national economic that previously catered to this segment have
growth above 5%. While the value of exports of scaled back their exposure. However, amidst
goods decreased in line with the global slowdown, these challenges, BTPN Syariah's commitment
overall export performance still grew, supported to serving an inclusive society remains steadfast.
by an increase in foreign tourist visits. Economic Upholding its initial commitment, BTPN Syariah
growth was particularly evident in the processing has remained devoted to faithfully empowering
PT Bank BTPN Syariah Tbk | 2023 Annual Report
industry, wholesale and retail trade, and financing customers to endure and gradually
construction sectors. recover from the pandemic's impact.
However, this recovery has not been uniform The Bank has continued to cultivate exemplary
across all sectors, a phenomenon described by behavior among its customers, aligning with the
some economists as a "K-shaped" recovery. While goals of its empowerment activities encapsulated
the upper-middle economic segment has driven in the BDKS acronym: Courage, Discipline, Hard
growth, the lower-middle economic segment still Work, and Mutual Assistance.
faces challenges in fully rebounding from
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We're reinvigorating our efforts to support inclusive communities, #bankirpemberdaya who
customers through regular gatherings at demonstrate unwavering dedication and high
designated centers (often the homes of our fighting spirit, as well as innovative solutions that
customers), held every two weeks. These enhance the Bank's operations, benefiting a larger
gatherings foster a sense of optimism among demographic.
customers, encouraging them to diligently repay
installments and save for the future. Through healthy financial performance
mutual support at these meetings, customers Aligned with the sluggish economic recovery
empower each other to persevere in pursuing their among the lower middle economic group,
dreams. In times of hardship, when a customer particularly the ultra-micro segment, the majority
struggles to make timely payments due to of financial service providers are grappling with
unforeseen circumstances, our solidarity system the challenge of declining financing quality. As we
operates with genuine sincerity. Meanwhile, those enter the second half of 2023, the Bank persists
who receive assistance make every effort to fulfill in enhancing financing quality through diversified
their commitments promptly and return the strategies and field activities. While the pursuit of
solidarity funds to other members. new customers expands, strict selection criteria for
prospective financing customers remain in place.
In order to maintain financing quality and
uphold BDKS customer behavior, the Bank Throughout 2023, the Bank successfully disbursed
rigorously selects prospective customer profiles funds totaling Rp 11.4 trillion to approximately
and provides training and assistance before 4.21 million pre-prosperous customers across
disbursing funds. This approach aims to support 2,600 sub-districts throughout Indonesia. This
the Bank's sustainable growth, enabling it to was accompanied by effective risk management
assist more individuals in the future, in line with in fund distribution, resulting in BTPN Syariah's
BTPN Syariah's vision and mission. For funding financing quality being classified as excellent
customers, the Bank's focus on financing quality within its sector. The Bank also implements various
aims to maintain stable returns aligned with tactical programs, including incentives, to promote
humanitarian benefits. bi-weekly center meetings with a customer
attendance rate exceeding 90%, that not only
The Bank's resilience and growth in challenging facilitate payments but also enable portfolio
circumstances are intrinsically linked to the quality monitoring. Being part of a supportive
capacity and competence of #bankirpemberdaya, community can bolster customers' determination
continuously nurtured over more than a decade. to fulfill their obligations and equip them with
BTPN Syariah has increasingly positioned itself knowledge and solutions to overcome challenges.
as Indonesia's sole commercial bank focusing The efficiency of #bankirpemberdaya in serving
on empowering productive pre-prosperous and assisting customers significantly contributed
women groups. Its business model is viewed as a to reducing the Bank's non-performing credit
breakthrough in serving the base of the Indonesian (NPF) ratio to 2.94%. Furthermore, provisions for
societal pyramid, contributing to positive total financing reached Rp 1.2 trillion in 2023.
change for customers and inclusive society. This
highlights the Bank's significant mission to foster In addition to serving financing customers, the
PT Bank BTPN Syariah Tbk | 2023 Annual Report
growth opportunities and meaningful lives for all Bank has undertaken initiatives to enhance the
stakeholders. comfort of funding customers in contributing
to inclusive community empowerment. BTPN
positive achievements 2023 Syariah branch offices have been optimized
BTPN Syariah's accomplishments in faithfully with an attractive redesign to provide enhanced
empowering inclusive communities are not comfort and inspire continued contributions
solely measured by financial performance but to Indonesia's inclusive society. Optimization
are also evidenced by the significant social efforts extend to mobile banking and internet
impacts they generate. These include empowered banking services, enriching features to facilitate
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management report
contributions from customers, including women yielded notable improvements. Collaborative
across the country. By December 31, 2023, the endeavors led to a 5% increase in customer
number of funding customers increased by families with adequate housing, an 18.8%
22% compared to the previous year, totaling increase in those with adequate sanitation
over 27,000 customers nationwide. Third Party facilities, and a 7.8% rise in children attending
Funds rose to Rp 12.1 trillion, supporting sharia school. Environmentally, household carbon
financing with a Financing to Deposit Ratio of emissions from firewood burning decreased,
93.78%. The digitalization of banking services with an 8% increase in families transitioning
for funding customers also increased Current to alternative fuel sources. According to
Account Savings Account to Rp 3.1 trillion, research by the Demographic Institute of
maintaining a CASA Ratio of 25.6%, as the the University of Indonesia, customer family
Bank does not currently position itself as a incomes averaged Rp 4.7 million per month,
transactional bank. surpassing non-customers' average income
of Rp 3.2 million per month. Additionally, the
The Bank's total assets stood at Rp21.4 trillion average income of 100% inclusive women
as of December 31, 2023, with a net profit customers reached Rp 2.5 million per month,
of Rp1.08 trillion. Operational expenses to exceeding non-customer averages of Rp1.8
operating income were maintained at 76.2%, million per month. While BTPN Syariah is not
despite increased investment in system and the sole contributor to these improvements, its
software development to enhance services. financing, complemented by empowerment and
Additionally, the Bank recorded a capital adequacy assistance, significantly enhances the lives of
ratio of 51.6%, exceeding the industry average for inclusive communities.
commercial and sharia banks. The Bank's Return
on Assets reached 6.3%, and the Return on Equity Empowerment initiatives for financing
of 13.2% is considered robust within its sector. customers further expand through the
These achievements led to the Bank maintaining involvement of students nationwide via the
a stable AAA (Idn) Outlook Rating from Bestee program. In collaboration with the
PT Fitch Ratings Indonesia. The total assets of Ministry of Education and Research and
the BTPN Syariah Ventura subsidiary reached Rp Technology's Merdeka Campus, the Bank
321 billion, with total equity of Rp 320 billion as introduced an internship program enabling
of December 31, 2023. students to directly support inclusion customers,
such as by providing marketing guidance. By the
Overall, the Bank's financial performance in end of 2023, 1,821 students from 257 universities
2023 complies with various regulatory standards, had joined the Bestee program as facilitators,
reflecting its commitment to excellence across all assisting 49,000 customers across 24 provinces.
aspects of operations. This marked a substantial increase from 2022,
driven by the program's digital platform
widespread positive social impact accessibility and growing popularity. In 2022,
Amidst challenging economic conditions that the Bestee program only involved 108 facilitators
affect the Bank's financial performance, from 42 universities in assisting 1,614 customers
dedicated efforts to foster widespread throughout 5 provinces in Indonesia.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
positive social impact persist. Collaborating
with various stakeholders, the Bank strives Recognizing the significant positive impact,
to instigate measurable and sustainable the Bank plans to expand the Bestee program
changes in its business model to benefit to engage all stakeholders in measurable and
customers. In 2023, initiatives targeting sustainable empowerment endeavors.
customers with expanding financing cycles
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continuously improved innovations The realization of the vision for a sharia digital
BTPN Syariah firmly believes that every ecosystem for an inclusive society is further
challenge presents an opportunity for innovation, bolstered by our subsidiary, PT BTPN Syariah
driving the Bank's performance forward. Ventura ("BTPN Syariah Ventura"), which
Technologically, we have upgraded and enhanced commenced full operations in 2022. As Indonesia's
application features to support seamless first Islamic Venture Capital company, it focuses
operations in customer service. Furthermore, on improving the welfare of inclusive communities
we have undertaken extensive measures to through capital inclusion in start-up companies
align the rapid advancements in technology sharing our mission of empowering inclusive
with the unique conditions and characteristics communities. In line with the Bank's commitment
of customers in the ultra-micro segment. to enhancing financing quality, BTPN Syariah
We maintain that digitization efforts within Ventura also adopts a selective approach amidst
community groups must prioritize understanding the dynamic startup landscape. This situation
their characteristics, be tailored to their presents valuable lessons for the Bank in selecting
readiness and adaptability, and address their the right partners to deliver solutions and benefits
specific needs. for inclusive communities.
In 2023, our journey towards realizing the vision of human capital with a calling
a sharia digital ecosystem for an inclusive society At BTPN Syariah, talent is categorized into
focused on enhancing four key platforms. These two primary groups: community officers
platforms cater to Bank employees, Laku Pandai (COs) in the field, predominantly composed
agents (known as Mitra Tepat), empowerment of trained high school graduates, and office-
facilitators, and customers. All applications are based employees. The COs serve as the Bank's
interconnected, facilitating a smooth process frontline in catering to inclusive customers.
between #bankirpemberdaya, customers, and In addition to possessing technical expertise
Mitra Tepat. tailored for inclusive community services, they
undergo extensive training to effectively engage
#bankirpemberdaya utilizes the Terra application with customers at the Center. These COs are
to efficiently and accurately serve financing nurtured to exhibit empathy, strong leadership,
customers. Meanwhile, Mitra Tepat utilizes the and effective communication skills, emphasizing
Warung Tepat application as an extension of that the relationship between the Bank and its
the Bank, enabling financial transactions for customers transcends mere transactions. Given
customers, applying for working capital, accessing the humanistic approach embedded in BTPN
suppliers, and reaching markets. Additionally, Syariah's business model, which prioritizes serving
digital literacy education is integrated into each the productive pre-prosperous, the humane
community. aspect is deemed crucial. Working conditions in
the field can pose significant challenges for young
For funding customers, the Bank continuously women COs, ranging from difficult-to-access
enhances e-channel services through Tepat locations to unpredictable weather conditions.
Mobile Banking and Internet Banking. These Hence, without a heartfelt commitment, COs
applications offer secure and convenient digital may easily become discouraged.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
banking transactions and facilitate customer
engagement in funding for inclusive communities. In addressing this, the Bank focuses on
Islamic features, such as zakat payment channels enhancing the capacity of the CO team in
and sharia information, are incorporated to the field, including providing guest houses as
enhance user experience. Moreover, a new feature residential accommodations for COs. These
introduced this year is e-KYC Tepat Mobile, guesthouses serve as spaces for camaraderie
allowing customers to open savings accounts and support, fostering a sense of togetherness.
online. Various incentives are offered to recognize
outstanding COs, and the Bank remains
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management report
open to policies that better accommodate This assessment led the International Monetary
the lifestyle and preferences of Gen-Z, such Fund to revise its projection for global economic
as non-patronizing training models, diverse growth in 2024 downwards to 2.9%, falling short of
educational resources like short videos, and the historical average growth rate of 3.8% (2000-
flexible work contracts allowing them to 2019). Global economic uncertainty persists,
choose their desired duration. This open- including in Indonesia.
minded approach to embracing generational
diversity is also extended to office-based In 2024, Indonesia will witness a democratic
employees. Recognizing that employee loyalty General Election, heralding a new government
is a crucial asset for the Bank's operations, the leadership era. This transition will introduce
Bank acknowledges that fostering employee numerous dynamics, yet the robust economic
loyalty over time accelerates the fulfillment of resilience displayed in 2023 serves as a strong
its noble intentions. foundation for continued optimism. Indonesia's
economic trajectory hinges on investment recovery,
governance & risk management the balance of public consumption levels, and
In its journey as a public company, BTPN Syariah government spending. Therefore, concerted efforts
remains committed to upholding the highest from all stakeholders are imperative to uphold
standards of Good Corporate Governance (GCG) national economic resilience.
and adhering to relevant regulations. The Bank's
implementation of GCG is centered on fostering The government foresees economic growth within
a robust sharia banking industry, safeguarding the range of 5%-5.2% (yoy) in 2024, with inflation
stakeholders' interests, enhancing compliance with expected to moderate to 2.8%, falling back within
regulations, and upholding universally accepted Bank Indonesia's inflation target corridor of 3% ±
ethical values within the sharia banking sector. 1%. The projected interest rate response is expected
to track with the decisions of the Fed, showing a
Throughout 2023, BTPN Syariah diligently executes gradual decline and not yet having a significant
its GCG principles within the appropriate sharia impact. Financial service providers caterin g to the
corridors, concurrently enhancing the quality inclusive community segment in slow adopter (tier-3)
of information disclosure. All new initiatives and rigid watchers (tier-4) cities or districts are
undertaken by the Bank during this period are anticipated to encounter notable challenges.
meticulously reported and authorized by the
regulator. Additionally, the Bank places significant In the face of uncertain global economic
emphasis on risk management, bolstering developments and their spillover effects on the
infrastructure, refining risk management Indonesian economy, the Bank aligns with the
methodologies, and cultivating a risk-awareness Government's precautionary principle. To ensure
culture across the organization. stability, the Bank will steadfastly pursue four
key strategic initiatives: strengthening business
important changes processes, exploring new opportunities and
In 2023, there were important changes in the innovative products, enhancing operational
organizational structure of BTPN Syariah with process excellence, and fortifying organizational
the appointment of Dewi Nuzulianti as director capabilities.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
replacing Gatot Adhi Prasetyo, and Mulya
Effendi Siregar as independent commissioner The Bank aims to reach more inclusive customers
replacing Yenny Lim. by selectively channeling financing funds and
providing financing in stages according to the
business prospects 2024 growth of businesses and portfolio quality. It will
The pace of global economic recovery post- continue to explore new products based on customer
Covid-19, amidst geopolitical tensions, is needs and enrich features to enhance business
anticipated to remain sluggish and uneven in 2024, process efficiency. Innovation and digital technology
primarily due to the prolonged impact of soaring development will continue to support the realization
inflation. of the digital Sharia ecosystem in the next stage
for inclusive society, always adhering to principles
aligned with customer needs and capacity.
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Furthermore, the Bank will reinforce synergy Our deepest gratitude goes out to all BTPN
with all stakeholders and collaborate with like- Syariah customers who walk alongside us,
minded entities, including BTPN Syariah Ventura, continually developing and serving as our greatest
to support the development of a sharia digital motivation to provide the best products and
ecosystem for an inclusive society. services.
Acknowledging the persistent challenges amid A special acknowledgment is reserved for all
global uncertainty, the Bank remains confident #bankirpemberdaya who have faithfully carried
in its unwavering commitment to empower out their duties with dedication, unwavering
productive pre-prosperous customers, which will commitment, in faithfully empowering and serving
continue to yield widespread positive impacts. all customers, particularly the inclusive community.
Driven by a commitment to faithfully empower,
every strategic initiative is aimed at accelerating We express our thanks to shareholders and all
the positive transformation of inclusive community Indonesians for their trust and support, which
life, in line with the Bank's Business Plan. allows us to uphold our commitment to realizing
positive intentions. With divine guidance, we
appreciation aspire to continually improve our performance
In closing, on behalf of the Board of Directors over time. May Allah SWT shower His blessings
and management of BTPN Syariah, I extend our upon our collective efforts to empower individuals
heartfelt gratitude to all stakeholders who have and enhance the quality of life for millions of
supported us. We are grateful for the unwavering Indonesians.
support and trust extended to BTPN Syariah by
the Government, financial regulators, and other Wabillahitaufik Walhidayah Wassalammu’alaikum
stakeholders, which has provided us with the Warahmatullahi Wabarakatuh.
opportunity to continue our growth trajectory.
We also extend our appreciation to the Board
of Commissioners for their diligent supervision
and the Sharia Supervisory Board for their
oversight of compliance and adherence to sharia
principles. Hadi Wibowo
President Director
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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management report
H. Ikhwan Abidin, MA
Chairman of Sharia Supervisory Board
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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Chairman
OF SHARIA SUPERVISORY BOARD
REPORT
The Sharia Supervisory Board has successfully integrated
sharia principles into all of the Bank's that continue
to faithfully empowering millions of inclusive
communities in Indonesia.
Bismillahirrahmanirrahim The bonds of friendship, unity, and mutual
Assalamualaikum Warahmatullahi Wabarakatuh cooperation forged through regular meetings
at the centers align with the gracious teachings
We praise Allah SWT, the ultimate deity of nature. of Islam. Through this distinct business model,
the Bank serves as a conduit for those who have
Blessings and salutations upon our leader, Prophet means to aid pre-prosperous groups in achieving
Muhammad SAW, his family, companions, and their aspirations. The Bank opens doors to
devoted followers. financial resources for individuals who have never
had access to banking services before, particularly
Alhamdulillah, we have made it through the capital, based solely on their abilities and
tumultuous year of 2023. The uneven economic reputation within their community. Moreover, the
recovery has left a lasting impact on our inclusive bank offers support through bi-weekly meetings
customers, who still need time to recover. and provides simplified financial education for easy
Meanwhile, banks are expected to maintain comprehension.
optimal performance as they work towards
creating a sharia-compliant digital ecosystem Pre-prosperous customers are gradually and
for an inclusive society. Despite these challenges, steadily growing and developing, managing
we see that the Bank remains committed to their businesses with success thanks to
empowering and upholding human values through productive rotating funds provided by
business practices that align with sharia principles. #bankirpemberdaya. With the consistent support
of #bankirpemberdaya, these once pre-prosperous
However, out in the field, we witness dedicated funding customers now lead better lives and serve
#bankirpemberdaya supporting disadvantaged as inspirations for their communities. As their
customers as a testament to the Bank's businesses grow, so does their recurring financing
PT Bank BTPN Syariah Tbk | 2023 Annual Report
unwavering dedication to fostering direct support and sustainable profit sharing. Apart from
connections and communication between economic benefits, Bank products also promote an
individuals. We commend the Bank for promoting inclusive society and a more prosperous life.
digital fluency that caters to the capabilities
and needs of inclusive communities. Our belief
is that humanitarian principles, rooted in sharia
values, will always be the backbone of the Bank,
regardless of how advanced technology may
become.
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management report
The loyalty between the Bank and its customers, and emotional bonds that have been established
including #bankirpemberdaya who strives to between the bank and its customers. Nevertheless,
empower others, inclusive customers who are loyal the culture of gathering inclusive customers
to the Bank, as well as funding customers who remains a distinctive value of the bank. Therefore,
believe in our products and services, is a reflection the technology used by the bank must be
of how businesses can succeed while adhering to implemented in line with the culture and wisdom
sharia values. of BTPN Syariah.
We commend the Bank's efforts in accompanying We are committed to having all Bank products and
customers through 2023, a challenging task. We services comply with sharia principles by December
ensure that all products and services offered by 31, 2023. Through monthly Sharia Supervisory
the Bank align with sharia principles, without any Board meetings, the Sharia Supervisory Board
elements of usury or haram. Our guidance has also has provided 20 sharia opinions on the Bank's
been instrumental in helping the BTPN Syariah products and services. These opinions are based
Ventura subsidiary align their products, services, on explanations from relevant Bank officials and
and standard operational procedures with sharia reviews of their compliance with DSN-MUI Fatwa.
principles. In addition, we conduct regular visits to Branch
Offices throughout 2023, oversee fund collection
As we continue to evolve, we regularly evaluate our and distribution activities, and ensure that all Bank
implementation in the field and make necessary services align with sharia principles.
adjustments. Before launching any new products,
we thoroughly review them to ensure they comply By offering products and services that align
with sharia principles. Additionally, we conduct with sharia principles, the Bank aims to spread
field tests after launch to monitor customer the teachings of Islam globally. Through direct
implementation and gather feedback for future engagement with inclusive communities, the Bank
consideration. In 2023, we carried out 7 sampling works towards improving their quality of life. This
tests in Bandung, Mataram, Makassar, Solo, Aceh access to financing also demonstrates the Bank's
and Madura, taking into account the dynamics of commitment to the green economy, as ultra-micro
each community. financing for customers' essential working capital
needs does not contribute to environmental harm
In the ever-evolving landscape of information or climate change.
technology, we strive to consistently engage
in discussions with relevant teams. The Sharia With the help of Allah SWT, the Bank will continue
Supervisory Board is expected to remain mindful to empower inclusive communities, foster a sense
of the extraordinary dynamics in the field of of unity among customers, and support the
technology capable of altering societal lifestyles. inclusion of all individuals in society towards a
We also keep abreast of the latest OJK policies better future.
regarding Islamic banking and consistently
coordinate with the National Sharia Board- Wabillahitaufik Walhidayah Wassalammu’alaikum
Indonesian Ulema Council (DSN-MUI). We Warahmatullahi Wabarakatuh.
consistently provide guidance to ensure that the
PT Bank BTPN Syariah Tbk | 2023 Annual Report
technology used by the bank always adheres
to Sharia principles and legal aspects, thus
minimizing the potential for misuse or criminal
activities. We also provide guidance to ensure
that technological aspects in the bank's business H. Ikhwan Abidin, MA
processes do not replace the sense of togetherness Chairman of Sharia Supervisory Board
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Statement Letter of the Board of Commissioners and the Board of Directors
CONCERNING THE RESPONSIBILITY FOR 2023 ANNUAL REPORT
OF PT BANK BTPN SYARIAH Tbk
We, the undersigned, declare that all information contained in the 2023 Annual Report of
PT Bank BTPN Syariah Tbk has been presented in its entirety, and that we assume full responsibility
for the accuracy of the contents of the Annual Report of PT Bank BTPN Syariah Tbk.
This statement is made in truth.
Jakarta, February 2024
board of commissioners
Kemal Azis Stamboel
president/independent commissioner
Mulya Effendi Siregar Dewie Pelitawati Ongki Wanadjati Dana
independent commissioner independent commissioner commissioner
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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management report
Jakarta, February 2024
board of directors
Hadi Wibowo
president director
Arief Ismail Fachmy Achmad
compliance director director
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Dwiyono Bayu Winantio Dewi Nuzulianti
director director
59
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PT Bank BTPN Syariah Tbk | Annual Report 60
Page 63
Profile
CO MPANY
03
company profile
PT Bank BTPN Syariah Tbk | 2023 Annual Report
61
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PT Bank Tabungan
BTPN Syariah
Pensiunan
Tbk | Annual
Nasional
Report
Tbk
12
62
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company profile
Information for
SHAREHOLDERS
name PT Bank BTPN Syariah Tbk
Menara BTPN, 12th Floor
CBD Mega Kuningan
Jl. Dr. Ide Anak Agung Gde Agung Kav. 5.5-5.6
head office &
South Jakarta 12950
corporate secretary address Telephone/phone: +62 21 300 26 400
Facsimile: +62 21 252 0356 (general)
Email: corsec@btpnsyariah.com
business activities Sharia Banking
PT Bank BTPN Tbk (70.00%)
ownership
Public (29.99%)
(as of December 31, 2023) Treasury Shares (0.01%)
year of establishment 1991
legal bases of establishment change of name
• Deed of Meeting Resolution of PT Bank Purba • Deed of Statement of Resolution of the
Danarta Number 10 dated March 7, 1991, which Extraordinary General Meeting of Shareholders
was later revised by Deed of Amendment to the of PT Bank Purba Danarta No. 01 dated April
Articles of Association Number 39 dated May 1, 2009 made before Notary Winarti Lukman
25, 1992, and Deed of Amendment Number 25 Widjaja, SH, regarding the change of name of
dated 11 July 1992 made before Notary H. Abu PT Bank Purba Danarta to PT Bank Sahabat
Jusuf, S.H; Purba Danarta and has obtained approval from
the Minister of Law and Human Rights of the
• Deed of PT Bank Purba Danarta Meeting Republic of Indonesia dated July 22, 2009
Resolution Statement Number 5 dated August No. AHU-34303.AH.01.02.Year 2009;
27, 2007 made before Notary Winarti Lukman
Widjaja, SH, regarding adjustments to Law • Deed of Amendment to the Articles of
Number 40 of 2007 concerning Limited Liability Association of PT Bank Sahabat Purba
Companies and has obtained approval from Danarta also known as Bank Sahabat Number
the Minister of Law and Human Rights of the 25 dated August 27, 2013 in conjunction with
Republic Indonesia dated January 18, 2008 Notarial Deed Number 30 dated 25 September
PT Bank BTPN Syariah Tbk | 2023 Annual Report
number AHU-02507.AH.01.02. 2008, which was 2013 made before Notary Hadijah S.H., M.KN
announced in the State Gazette of the Republic regarding the change of name of PT Bank
of Indonesia dated March 14 2008 number 22, Sahabat Purba Danarta (BSPD) became
Supplement number 3032; PT Bank Tabungan Pensiunan Nasional Syariah
(BTPN Syariah) and has received approval from
the Ministry of Law and Human Rights based
on Decree No. AHU-50529.AH.01.02. year 2013
63
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dated October 1, 2013 and announced in State • Deed of Shareholder Resolution Statement,
Gazette Number 94, addition No. 124084 dated Amendment to the Articles of Association of
November 22, 2013; and PT Bank Tabungan Pensiunan Nasional Syariah
Number 57 dated November 16, 2017 made
• Deed of Statement of Resolution of the Annual before Notary Jose Dima Satria, S.H., M,Kn.,
General Meeting of Shareholders of PT Bank regarding the change in status to a public
Tabungan Pensiunan Nasional Syariah Tbk company and has obtained approval from the
Number 26 dated April 16, 2020, made in Minister of Law and Human Rights Man of the
the presence of Ashoya Ratam, S.H., M.Kn., Republic of Indonesia with its Decree dated
regarding the change of name of PT Bank November 16, 2017 number AHU-0024076.
Tabungan Pensiunan Nasional Syariah Tbk to AH.01.02.Year 2017 and notification of changes
PT Bank BTPN Syariah Tbk and has obtained to its Articles of Association has been received
approval from the Minister of Law and Human and recorded by the Minister of Law and
Rights of the Republic of Indonesia based on Human Rights of the Republic of Indonesia in
Decree No. AHU-0034666.AH.01.02.Year 2020 accordance with his letter dated November 16,
dated May 8, 2020 and Letter of Acceptance of 2017 No. AHU-AH .01.03-0191730;
Notification of Amendments to the Articles of
Association No. AHU-AH.01.03-0214020 dated • Deed of Shareholder Resolution Statement,
May 8, 2020. Amendment to the Articles of Association of
PT Bank Tabungan Pensiunan Nasional Syariah
changes to the articles of association Tbk Number 8 dated April 5, 2018 made before
• Deed of Statement of Resolution of Notary Jose Dima Satria, S.H., M,Kn., regarding
Shareholders of PT Bank Tabungan Pensiunan changes to the Articles of Association of BTPN
Nasional Syariah Number 15 dated October 31, Syariah and has obtained approval from the
2013 made before Notary Indah Indriani, S.H., Minister of Law and Human Rights of the
M.Kn., regarding the change of domicile of the Republic of Indonesia with his Decree dated
Company from Semarang to South Jakarta April 10, 2018 No. AHU-0007953.AH.01.02.
and has been registered with the Ministry of Year 2018;
Law and Human Rights of the Republic of
Indonesia in accordance with the Resolution • Deed of Shareholder Resolution Statement,
and Approval of Changes to the Company's Amendment to the Articles of Association of
Articles of Association Number AHU-60408. PT Bank Tabungan Pensiunan Nasional Syariah
AH.01.02.Year 2013 dated November 21, 2013 Tbk Number 178 dated May 31, 2018 made
and Receipt of Notification of Changes to before Notary Jose Dima Satria, S.H., M.Kn.
the Company's Articles of Association No. regarding changes to BTPN Syariah's Articles
AHU.AH.01.10-47895 dated November 12, 2013. of Association (capital) and notification of
changes to its Articles of Association has been
• Deed of Meeting Resolution Statement received and recorded by the Minister of Law
(Capital Increase and Amendment to Articles and Human Rights of the Republic of Indonesia
of Association) Number 27 dated January 30, exactly on June 21, 2018
2014 made before Notary Hadijah, S.H., M,Kn., No. AHU-AH.01.03-0215425; and
PT Bank BTPN Syariah Tbk | Annual Report
regarding the separation of the Sharia Business
Unit PT Bank Tabungan Pensiunan Nasional • Deed of Statement of Resolution at the
Tbk (“UUS BTPN”) from PT Bank Tabungan Annual General Meeting of PT Bank Tabungan
Pensiunan Nasional Tbk (“BTPN”) and has Pensiunan Nasional Syariah Tbk Number 26
received Notification of Amendments to the dated April 16, 2020, made before Notary
Articles of Association of PT Bank Tabungan Ashoya Ratam, S.H., M.Kn., regarding changes
Pensiunan Nasional Syariah No. to the Company's Articles of Association and
AHU-AH.01.10-04338 on February 12, 2014; has obtained approval from the Minister of
Law and Human Rights Republic of Indonesia
based on Decree No. AHU-0034666.AH.01.02.
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company profile
Year 2020 dated May 8, 2020 and Letter of Supervisory Board and obtained approval
Acceptance of Notification of Amendments from the Minister of Law and Human Rights of
to the Articles of Association No. AHU- the Republic of Indonesia based on the Letter
AH.01.03-0214020 dated May 8, 2020. of Acceptance of Notification Regarding the
Changes of Company Data of PT Bank BTPN
• Deed of Statement of Resolution of the Annual Syariah Tbk No. AHU-AH.01.09-0010849 dated
General Meeting of PT Bank BTPN Syariah Tbk May 1, 2022;
Number 35 dated April 21, 2021, made before
Ashoya Ratam, S.H., M.Kn., concerning the • Deed of Statement of Resolution of
Company's Articles of Association and has the Extraordinary General Meeting of
obtained approval from the Minister of Law Shareholders of PT BANK BTPN Syariah Tbk
and Human Rights of the Republic of Indonesia Number 25 dated October 13, 2022 made by
based on the Letter Receipt of Notification Ashoya Ratam, S.H., M.Kn., concerning the
of Amendment to Articles of Association No. Composition of the Board of Directors, Board
AHU-AH.01.03-0309443 dated May 17, 2021. of Commissioners and Sharia Supervisory
Board and obtained approval from the Minister
changes in the composition of the Board of Law and Human Rights of the Republic
of Directors, Board of Commissioners and Indonesia based on the Letter of Acceptance
Sharia Supervisory Board of Notification Regarding the Changes of
• Deed of Statement of Resolution of the Company Data of PT BANK BTPN Syariah Tbk
Extraordinary General Meeting of Shareholders No. AHU-AH.01.09-0067440 dated October
of PT Bank Tabungan Pensiunan Nasional 20, 2022;
Syariah Tbk Number 02 dated September
2, 2019 made before Notary Ashoya Ratam, • Deed of Statement of Resolution of the
S.H., M.Kn., regarding the composition of Annual General Meeting of Shareholders of
the Board of Commissioners, Directors and PT BANK BTPN Syariah Tbk Number 27 dated
Sharia Supervisory Board and has received April 12, 2023 made by Ashoya Ratam, S.H.,
Notification Regarding the Changes of M.Kn., concerning the Composition of the
Company Data dated September 17, 2019 Board of Directors, Board of Commissioners
No. AHU-AH.01.03-0332927; and Sharia Supervisory Board and obtained
approval from the Minister of Law and Human
• Deed of Statement of Resolution of the Annual Rights of the Republic of Indonesia based
General Meeting of Shareholders of PT BANK on the Letter of Acceptance of Notification
BTPN Syariah Tbk Number 36 dated April 21, 2021 Regarding the Changes of Company Data of
made by Ashoya Ratam, S.H., M.Kn., concerning PT Bank BTPN Syariah Tbk
the Composition of the Board of Directors, No. AHU-AH.01.09.0112366 dated April 19,
Board of Commissioners and Sharia Supervisory 2023; and
Board and obtained approval from the Minister
of Law and Human Rights of the Republic of • Deed of Statement of Resolution of the Annual
Indonesia based on the Letter of Acceptance General Meeting of Shareholders of PT BANK
PT Bank BTPN Syariah Tbk | 2023 Annual Report
of Notification Regarding the Changes of BTPN Syariah Tbk Number 46 dated April 27,
Company Data of PT BANK BTPN Syariah Tbk 2023 made by Ashoya Ratam, S.H., M.Kn.,
No. AHU-AH.01.03-0260167 dated April 23, concerning the Composition of the Board of
2021; Directors, Board of Commissioners and Sharia
Supervisory Board and obtained approval
• Deed of Statement of Resolution of the Annual from the Minister of Law and Human Rights of
General Meeting of Shareholders of PT BANK the Republic of Indonesia based on the Letter
BTPN Syariah Tbk Number 42 dated April 21, of Acceptance of Notification Regarding the
2022 made by Ashoya Ratam, S.H., M.Kn., Changes of Company Data of PT BANK BTPN
concerning the Composition of the Board of Syariah Tbk No. AHU-AH.01.09.0112846 dated
Directors, Board of Commissioners and Sharia April 27, 2023.
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as of December 31, 2023
Rp 2.750.000.000.000
authorized capital
(Two Trillion Seven Hundred and Fifty Billion Rupiah)
Rp 770.370.000.000
issued capital and paid in capital
(Seven Hundred Seventy Billion and Three Hundred Seventy Million Rupiah)
PT Bursa Efek Indonesia
• April 25, 2018
BTPN Syariah's Go Public Registration Statement was declared effective by
the Capital Market Supervisory Financial Services Authority
stock exchange
• May 3, 2018
BTPN Syariah was listed on the Indonesia Stock Exchange
• May 8, 2018
Listing and Trading of BTPN Syariah Initial Shares
ticker code BTPS
isin code ID1000142805
www.btpnsyariah.com
corsec@btpnsyariah.com
corporatecommunications@btpnsyariah.com
website & email investorrelation@btpnsyariah.com
The Annual Report and other information regarding BTPN Syariah are listed on
the BTPN Syariah Website
• Instagram: @btpnsyariah
https:///www.instagram.com/btpnsyariah/
• Instagram: @saya.bankirpemberdaya
https:///www.instagram.com/saya.bankirpemberdaya/
• Tiktok: @btpnsyariah
https://www.tiktok.com/btpnsyariah
social media
• Facebook: BTPN Syariah / @btpnsyariah.id
https://facebook.com/btpnsyariah.id
• Youtube: @BTPN Syariah
https://www.youtube.com/BTPNSyariah
• Linkedin: BTPN Syariah
https://www.linkedin.com/company/btpnsyariah
PT Bank BTPN Syariah Tbk | Annual Report
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company profile
15 Branch Offices
41 Functional Operational Offices (KFO)
3 Non-Operational Functional Offices (KFNO)
networks 14 ATMs
spread across 26 provinces in Indonesia
(data as of December 31, 2023)
14.310 employees:
13.637 female employees
total employees
673 male employees
(data as of December 31, 2023)
National Long-term Rating:
AAA (idn) with stable Outlook
ratings
Affirmed by PT Fitch Ratings Indonesia
on April 14, 2023
annual general meeting of BTPN Syariah Annual General Meeting of Shareholders will be held on
shareholders March 20, 2024
tax payer identification number PT Bank BTPN Syariah Tbk
(NPWP) 001.551.806.1-511-000
business identification number PT Bank BTPN Syariah Tbk
(NIB) 9120209291387
Arief Ismail
Menara BTPN 12th Floor
CBD Mega Kuningan
corporate secretary Jl. DR. Ide Anak Agung Gde Agung Kav. 5.5-5.6
South Jakarta 12950
Phone : +62 21 300 26 400
Facsimile : +62 21 252 0356
Email : corsec@btpnsyariah.com
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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About BTPN Syariah
Established through the conversion process of the opportunity to serve more customers in a
PT Bank Sahabat Purba Danarta and the spin sustainable manner, PT BTPN Syariah Ventura
off of the BTPN Sharia Business Unit on July 14, (BTPN Syariah Ventura) is here to ensure an
2014, BTPN Syariah became Indonesia's 12th increase in the welfare of inclusive customers by
Sharia Commercial Bank. BTPN Syariah is the only optimizing various breakthroughs through the use
bank in Indonesia that focused on reaching out technology for doing good.
and providing banking services to the unbanked
segment, namely the pre-prosperous segment, To accelerate the realization of these aspirations
since its inception as BTPN's Sharia Business more quickly, BTPN Syariah Ventura builds
Unit. It is this commitment that consistently cooperation and collaboration with strategic
accompanies BTPN Syariah's every step to provide partners who share the same vision and have
real benefits for millions of customers so they the right digital competencies from various
can realize their good intentions more quickly and backgrounds such as financial services institutions,
achieve a more meaningful life. digital start-ups or other platforms.
To carry out its mandate in the form of Supported by shareholders, PT Bank BTPN Syariah
empowerment and financial literacy activities, Tbk and PT Bank BTPN Tbk, the establishment
especially for women in the inclusion segment of of BTPN Syariah Ventura is as recorded in the
society, BTPN Syariah accompanies and provides Deed of Establishment Number 36 dated October
appropriate banking access, services and products 21, 2021, which has received approval for the
in accordance with sharia principles so that they establishment of a limited liability company based
can achieve their dreams and build a better life. on the Decree of the Minister of Law and Human
Rights. Human Republic of Indonesia Number
Apart from continuing to sustainably grow and AHU-0066702.AH.01.01.Year 2021 concerning
have good financial performance, as the only Ratification of the Establishment of the Limited
sharia bank in Indonesia that focuses its services Liability Company Legal Entity PT BTPN Syariah
and products on empowering inclusive customers, Ventura and in accordance with Information
and developing inclusive finance, BTPN Syariah Disclosure based on letter Number S.417/DIR/
continuously strives to provide added value CSGC/X/2021 dated October 22, 2021.
through making a difference in the life of every
customer it serves lives which it serves. To date, PT BTPN Syariah Ventura operational
the reach of BTPN Syariah's operational activities licensing
has covered up to 23 provinces in Indonesia.
PT BTPN Syariah Ventura has obtained an
In the future, BTPN Syariah will continue to operational permit from the Financial Services
improve and develop products and services that Authority through Decree of Members of
are effective for customers in order to bring more the Board of Commissioners Number KEP-
benefits to millions of people in Indonesia and 23/D.05/2022 dated May 20, 2022 concerning the
realize Rahmatan Lil Alamin (a blessing Granting of a Sharia Venture Capital Company
for all creation). Business License to PT BTPN Syariah Ventura and
PT Bank BTPN Syariah Tbk | Annual Report
is effectively carrying out its operational activities
brief information on subsidiary on May 30, 2022.
PT BTPN Syariah Ventura Further information regarding Subsidiaries
Aiming at continuing the call to build a Sharia can be found on the website at
Digital Ecosystem for Mass Market, adapt to www.btpnsyariahventura.com
changing customer needs and having
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company profile
information to shareholders regarding PT BTPN Syariah Ventura
(as of December 31, 2023)
company name PT BTPN Syariah Ventura
Jalan Radio Dalam No. 100
Kebayoran Baru
company address South Jakarta 12140
Telephone : +62 21 2709 95330
Facsimile : +62 21 2709 9616
Sharia Venture Capital Company
A company that carries out Sharia Venture Capital Business activities,
business activities manages venture funds, and other business activities with the approval of
the Financial Services Authority, all of which are carried out based on sharia
principles.
ownership 99% (ninety-nine percent) owned by BTPN Syariah
Number 36 dated October 21, 2021, made before Notary Ashoya Ratam, SH,
M.Kn., Notary in Jakarta who has received approval for the establishment of
a limited liability company legal entity based on the Decree of the Minister
deed of establishment of Law and Human Rights of the Republic of Indonesia Number AHU-
0066702.AH.01.01.Year 2021 concerning Ratification of the Establishment
of the Limited Liability Company Legal Entity PT BTPN Syariah Ventura.
Rp 500,000,000,000
(Five Hundred Billion Rupiah)
authorized capital divided into 5,000,000 (Five Billion) shares, each share with a nominal value
of Rp 100 (One Hundred Rupiah)
Rp 300.000.000.000
issued and fully paid up capital (Three Hundred Billion Rupiah)
or constitutes 60% of the Company's authorized capital
• PT Bank BTPN Syariah Tbk, a total of 2,970,000,000 (Two Billion
Nine Hundred and Seventy Million) shares with a nominal value of
Rp 297,000,000,000 (Two Hundred Ninety Seven Billion Rupiah) or
representing 99% (ninety nine percent) of the total number of shares
shareholders structure that have been issued by the Company;
• PT Bank BTPN Tbk, a total of 30,000,000 (Thirty Million) shares
with a nominal value of Rp 3,000,000,000 (Three Billion Rupiah) or
representing 1% (one percent) of the total number of shares that have
been issued by the Company
PT Bank BTPN Syariah Tbk | 2023 Annual Report
year of establishment 2021
operating date May 30, 2022
tax payer identification number PT BTPN Syariah Ventura
(NPWP) 053.077.726.7-063.000
business identification number BTPN Syariah Ventura
(NIB) 0411210043066
website www.btpnsyariahventura.com
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Mission Vision
,
AND CORPORATE VALUES
mission vision
Together we create To be the best Sharia
opportunities for growth Commercial Bank for
and a more meaningful life financial inclusion, making
a difference in the lives of
millions of Indonesians
values
PRISMA
Professionalism,
Integrity,
Mutual ReSpect,
TeaMwork
The Board of Directors and Board of Commissioners have reviewed and ensured the
alignment of BTPN Syariah's Vision and Mission for 2023 as stated in the Bank Business
Plan (RBB) and Sustainable Financial Action Plan (RAKB) which were proposed by
the Board of Directors and approved by the Board of Commissioners at the Board of
Directors and Board of Commissioners meeting on November 22, 2023 and which has
been submitted to the OJK.
Disclosure of the alignment of Vision and Mission is as stated in the Corporate
Governance Implementation Report in connection with the Board of Directors and Board
of Commissioners' Duties Implementation Report in this 2023 Annual Report.
PT Bank BTPN Syariah Tbk | Annual Report
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company profile
socialization of the company's mission, vision,
values, and collective identity
The Bank has made various active efforts to ensure that the Mission, Vision, Corporate
Values and Collective Identity continued to be upheld and implemented, through:
1. Induction program for all new employees and executive officers.
2. Implementation of company values and collective identity in every activity.
collective identity
In implementing Corporate Mission and Vision, collective identity is essential to
unite the spirits of all employees.
#bankirpemberdaya is the spirit that awakens all BTPN Syariah employees
to their mandate of being different kind of bankers. Bankers who choose to
acquire funds from the privileged and channel them to empower the inclusive
communities. Taking a different path, in order to fulfill their calling to benefit
others.
This is in line with the Mission and Vision of the Company to fulfill the calling of
the soul, that is, by becoming #bankirpemberdaya who relentlessly empower the
inclusive communities in Indonesia. #bankirpemberdaya work hand in hand in their
respective functions and duties to fulfill their mandate to realize good intentions
faster.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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MILESTONES
November 16
Changing the status from a
Closed Company to a Public
Started area expansion Company and changing the
PT BANK BTPN Tbk to serve inclusive segment name from previously PT Bank
(formerly known as in Jakarta, Banten, West Tabungan Pensiunan Nasional
PT Bank Tabungan Pensiunan Java, East Java, Central Syariah to PT Bank Tabungan
Nasional Tbk) establish Java, Sumatra and East Pensiunan Nasional Syariah Tbk
a Sharia Business Unit Nusa Tenggara
2008 2010 2011 2014 2017 2018
The Tunas Usaha Rakyat July 14 May 8
piloting project, which PT Bank Tabungan PT Bank Tabungan
focused on serving Pensiunan Nasional Syariah Pensiunan Nasional
customers from the (BTPN Syariah) is the 12th Syariah Tbk was officiated
productive inclusive Shariah-compliant bank in as a publicly listed company
segment, started with Indonesia, resulting from with the ticker code BTPS
three communities in the merger of PT Bank on the Indonesia Stock
Banten and Pandeglang Sahabat Purba Danarta, Exchange
areas which has obtained a
business license to become
PT Bank BTPN Syariah Tbk | Annual Report
a Shariah commercial bank,
and the Shariah Business
Unit of BTPN, which has
obtained a spin-off license
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company profile
April 14
PT Fitch Ratings Indonesia
October 23 affirmed that the National
Long-term Rating remains at
Establishment of Subsidiary, AAA (idn) Stable Outlook
PT BTPN Syariah Ventura
June 26
October 30
Received ISO 27001
PT Bank BTPN Syariah certification in Information
Tbk has been classified as Security Management System
a Core Capital 2 (KBMI 2)
based Bank Group, following
the redefinition of bank October 26
groupings in accordance The Treasury System has been
with POJK Number 12/ officially used as an effort
POJK.03/2023 regarding to automate the Treasury
July 14
Commercial Banks transaction process
It has been five years since
PT Bank Tabungan Pensiunan
Nasional Syariah Tbk has November 2 December 1
become a Sharia Commercial PT Fitch Ratings Indonesia Updates to the Tepat Mobile
Bank and is the only financial affirmed the National Long- Banking e-channel service:
institution focuses on serving Term Rating at AAA (idn) opening online savings
productive inclusive families Stable Outlook applications via Tepat Mobile
2019 2020 2021 2022 2023
June 2 May 30
BTPN Syariah officially PT BTPN Syariah Ventura, as a
changed its name from Subsidiary, officially operates
PT Bank Tabungan Pensiunan
Nasional Syariah Tbk to June 2
PT Bank BTPN Syariah Tbk, Tepat Mobile Banking dan
in accordance with the name of Internet Banking e-channel
the Parent Company service update for financing
customers
PT Bank BTPN Syariah Tbk | 2023 Annual Report
July 7
September 30
BTPN Syariah moved up a rank
from BUKU 2 bank to BUKU 3 PT Fitch Ratings Indonesia
bank organically affirmed the Long-Term
National Rating of PT Bank
November 18 BTPN Syariah Tbk, still on AAA
(idn), with Stable Outlook
PT Fitch Ratings Indonesia
upgraded BTPN Syariah’s
National Long-Term Rating
from AA+ (idn) with Stable
Outlook to AAA (idn) with
Stable Outlook
73
Page 76
Organization STRUCTURE
Board of Directors' Committees
Human Capital Business
ALCO Committee Committee
Risk Management Information Security Financing Policy
Committee Management System Committee
Committee President Director
Hadi Wibowo
Infomation Technology
Steering Committee
Financing Business Funding & New Finance, Treasury &
Director Business Director Operations Director
Dwiyono Bayu Winantio Dewi Nuzulianti Fachmy Achmad
Financing Business Retail & Wholesale Financial Control &
Planning & Support Head Funding Head Analytic Head
Hendrianto Shita Satyawati P. Andrew Adhitia
Mitra Tepat & Project Funding & New Business Treasury & Financial
Implementation Head Planning & Support Head Institution Head
Hanan Yulianto Dwi Prasetya Antonius Priyadi
Financing Business Business Operation Development
Risk Head Development Head Head
Mohamad Rizal Erikal Mirtha Sinarwati Murtiningsih
QA Funding &
DAYA Head New Business Operations Head
Project Team
Saenah Farida Mila Anita
Distribution Transaction Services
Head 1 A Head
Andi Setio Muhammad Affendie
Distribution Corporate Services
Head 1 B Head
PT Bank BTPN Syariah Tbk | Annual Report
Vicky Agus Setiawan Herjandi
Distribution
Head 2
Yulianto
Distribution
Head 3
Ali Andi Leon Arkantoro
Distribution
Head 4
Firmansyah
74
Page 77
company profile
General Meeting of
Shareholders
Board of Commissioners' Committees
Risk Oversight
Audit Committee
Committee
Sharia Supervisory Board of
Board Commissioners
Nomination and
Corporate Governance
Remuneration
Committee
Committee
Complince & Risk
Director
Arief Ismail
Risk Management Information Human Capital
Head Technology Head Head
Dharma Putera Robertus J. Hadisurya Ibnu Agung Mulyanto
Internal Audit
Compliance Head Head
Gatot Prasetyo
Fauzan Rizani
Corporate Secretary &
General Counsel Head
Yunita C. Haerani
Corporate & Marketing
Communication Head
Ainul Yaqin
Corporate Information
Security Head
Her Purwoko
PT Bank BTPN Syariah Tbk | 2023 Annual Report
as of December 31, 2023
75
Page 78
Board of COMMISSIONERS
Mulya Effendi Siregar Kemal Azis Stamboel
independent commissioner president commissioner/independent
PT Bank BTPN Syariah Tbk | Annual Report
76
Page 79
company profile
Dewie Pelitawati Ongki Wanadjati Dana
independent commissioner commissioner
PT Bank BTPN Syariah Tbk | 2023 Annual Report
77
Page 80
Board of COMMISSIONERS
education history
• Bachelor of Psychology from the University of Indonesia (1974)
• Master of Science in Business Management from Hult International Business School USA (1985)
certification
• Risk Management Certification (SMR) Level 2 for the Independent Board of Commissioners issued by the Banking Professional
Certification Institute and SMR Maintenance issued by the Risk Management Certification Agency with a validity period of up to July 5,
2026
2023 training
• Details of the training attended throughout 2023 can be found in the discussion of the Board of Commissioners in the Corporate
Governance Report contained in this Annual Report 2023
position history and legal basis
• Obtained approval from the Financial Services Authority based on the Decree of the Board of Commissioners of the Financial
Services Authority Number KEP-8/D-03/2014 dated February 24, 2014
• Effective for the first time on May 22, 2023 in accordance with the results of the Annual GMS decision on May 20, 2023
• Reappointment in accordance with the Annual GMS on April 12, 2023
concurrent positions
Financial institutions
• None
Non-Financial Institutions
• President Commissioner of PT Digital Solusi Pratama
• Member of the Advisory Board of WWF Indonesia
• Member of the Board of Trustees of Padjadjaran University
career history
• Secretary General of the Indonesian International Bank Association (PERBINA) (2013 2017)
• Advisor to the Directors of Bloomberg TV Indonesia (2013)
• Member of Commission XI DPR RI (2010-2013)
• Chairman of Commission I DPR RI (2009-2010)
• Independent Commissioner and Chair of the Audit Committee of PT Holcim Indonesia Tbk
(2004-2018)
• Independent Commissioner and Chair of the Audit Committee of PT Titan Petro Chemical
(2006-2012)
• Independent Commissioner and Chair of the Audit Committee of PT Krakatau Steel (Persero) Tbk
(2007-2008)
• Deputy Chief Executive of the National Information and Communication Technology Council
(2006-2008)
• Supervisory Member in the Management of the Aceh and Nias Rehabilitation and
Reconstruction Agency (BRR) Audit Committee (2005-2008)
• Country Leader & Partner IBM Consulting Services (Business Management
in the Asia Pacific region) (2002-2004)
• President Director, Managing Partner PricewaterhouseCoopers Consulting Indonesia
(1982-2002)
• HRD Manager PT Asahan Indonesia Asahan Aluminium (1977-1982)
affiliated relationship
• Has no affiliation with the Board of Directors, Board of Commissioners,
Sharia Supervisory Board and Controlling Shareholders
• Detailed statements of independence from independent commissioners
are contained in the Governance Report sub-chapter of the Board
of Commissioners in this 2023 Annual Report
PT Bank BTPN Syariah Tbk | Annual Report
Kemal Azis Stamboel
president commissioner/independent
Indonesian | Jakarta, Indonesia | 74 years old
78
Page 81
company profile
education history
• Bachelor of Agriculture from Bogor Agricultural Institute (1980)
• Master of Science from Ohio State University (1989)
• Doctor of Philosophy from Ohio State University (1998)
certifications
• SMR Level 5 is issued by the Risk Management Certification Agency with a validity period until November 30, 2023 and SMR
Maintenance is issued by the Sharia Financial Professional Certification Agency with a validity period until November 30, 2025
• Sharia Banking Certification by Takzia Institute
training 2023
• Details of the training attended throughout 2023 can be found in the discussion of the Board of Commissioners in the Corporate
Governance Report contained in this Annual Report 2023
position history and legal basis
• Obtain approval from the Financial Services Authority based on the Decree of the Board of Commissioners of the Financial Services
Authority Number KEPR-19/D.03/2023 on April 17, 2023
• Effective for the first time on April 17, 2023 in accordance with the results of the Annual GMS decision on April 12, 2023
concurrent positions
Financial institutions
• None
Financial institutions
• Independent Commissioner of PT Delameta Bilano
• Strategic Adviser Alami Group
• Board of Directors Expert Staff from Lembaga Pengembangan Perbankan Indonesia (LPPI)
career history
• President Commissioner of PT Bank Syariah Indonesia Tbk (February-August 2021)
• President Commissioner of PT Bank Syariah Mandiri (2017-2021)
• Deputy Commissioner for Banking Supervision 1 Financial Services Authority
(2014-2017)
• Assistant Governor of Bank Indonesia (May – December 2013)
• Executive Director of DPNP Bank Indonesia (2012-2013)
• Head of Sharia Banking Directorate, Bank Indonesia (2010 – 2012)
• Head of Sharia Banking Development and Regulation Research Bureau,
Bank Indonesia (2006-2010)
• Chairman of Bank Indonesia Sharia Banking R&D Team (2002-2006)
• Member of the International Islamic Financial Market Working Committee
(2000-2002)
• Senior Researcher in Sharia Banking R&D at Bank Indonesia (1999-2002)
• Head of Section in Bank Indonesia (1983-1999)
affiliated relationships
• Has no affiliation with the Board of Directors, Board of Commissioners,
Sharia Supervisory Board and Controlling Shareholders
• Detailed statements of independence from independent commissioners are
contained in the Governance Report sub-chapter of the Board of Commissioners
in this Annual Report
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Mulya Effendi Siregar
independent commissioner
Indonesian | Jakarta, Indonesia | 67 years old
79
Page 82
education history
• Bachelor of Law from Padjadjaran University (1984)
• Master of Law from Padjadjaran University (2005)
certifications
• SMR Level 2 for the Independent Board of Commissioners is issued by the Banking Professional Certification Institute and SMR
Maintenance is issued by the Risk Management Certification Agency with a validity period until July 5, 2026
training 2023
• Details of the training attended throughout 2023 can be found in the discussion of the Board of Commissioners in the Corporate
Governance Report contained in this Annual Report 2023
position history and legal basis
• Obtain approval from the Financial Services Authority based on the Decree of the Board of Commissioners of the Financial Services
Authority Number KEP-9/D.03/2014 on February 24, 2014
• Effectively took office on May 22, 2014 in accordance with the results of the Annual GMS decision on May 20, 2014
• Reappointment in accordance with the Annual GMS on April 12, 2023
concurrent positions
Financial institutions
• None
Non-Financial Institutions
• Member of the Padjadjaran University Audit Committee
career history
• Senior GM Corporate Legal, Governance and Compliance and Advisor to CEO XL-Axiata Tbk (2013-2018)
• Partners at Bahar and Partners Attorney at Law (2010-2013)
• Commissioner of PT Indosat Mega Media Mobile (2002-2003)
• Commissioner of PT Satelindo (2002-2003)
• SPV Legal/General Counsel PT Indosat (2002-2008)
• Secretary to Junior Minister at the Minister for National Economic Restructuring-RI (2001)
• Head of Chairman Office of Indonesia Bank Restructuring Agency (1999-2000)
• Legal Manager PT Indosat (1985-1999)
affiliated relationships
• Has no affiliation with the Board of Directors, Board of Commissioners, Sharia Supervisory Board
and Controlling Shareholders
• Detailed statements of independence from independent commissioners are contained
in the Governance Report sub-chapter of the Board of Commissioners in this Annual Report
PT Bank BTPN Syariah Tbk | Annual Report
Dewie Pelitawati
independent commissioner
Indonesian | Jakarta, Indonesia | 64 years old
80
Page 83
company profile
education history
• Bachelor of Mechanical Engineering from Bandung Institute of Technology (1981)
certifications
• SMR Level 5 is issued by the Banking Professional Certification Institute and SMR Maintenance is issued by the Risk Management
Certification Agency with a validity period until October 18, 2024
training 2023
• Details of the training attended throughout 2023 can be found in the discussion of the Board of Commissioners in the Corporate
Governance Report contained in this Annual Report 2023
position history and legal basis
• Obtained approval from the Financial Services Authority based on the Decree of the Board of Commissioners of the Financial
Services Authority Number KEP-129/D.03/2022 on August 25, 2022
• Effectively taking office on October 13, 2022
• Reappointment in accordance with the Annual GMS on April 12, 2023
concurrent positions
Financial institutions
• Non-Independent Commissioner of PT Bank BTPN Tbk
Non-Financial Institutions
• Independent Commissioner of PT Nusantara Sejahtera Raya Tbk (Cinema XXI)
career history
• President Director of PT Bank BTPN Tbk (2019-April 2022)
• Deputy President Director of PT Bank Tabungan Pensiunan Nasional Tbl (2018-January 2019)
• Wholesale Banking Director PT Bank Permata Tbk (2002-2008)
• Deputy President Director of Bank Universal (2000-2002)
• Senior Advisor, Universal Bank (1999-2000)
• President Director of Bank Subentra (1993-1998)
• Credit Cycle Manager – Consumer Banking Citibank, N.A (1987-1990)
affiliated relationships
• Has a management relationship with the Controlling Shareholder, PT Bank BTPN Tbk
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Ongki Wanadjati Dana
commissioner
Indonesian | Jakarta, Indonesia | 66 years old
81
Page 84
Board of DIRECTORS
Dwiyono Bayu Winantio Hadi Wibowo
director president director
PT Bank BTPN Syariah Tbk | Annual Report
82
Page 85
company profile
Fachmy Achmad Arief Ismail Dewi Nuzulianti
director compliance director and director
corporate secretary
PT Bank BTPN Syariah Tbk | 2023 Annual Report
83
Page 86
Board of DIRECTORS
education history
• Bachelor of Civil Engineering from Bandung Institute of Technology (1991)
certifications
• SMR Level 5 issued by the Banking Professional Certification Institute and SMR Maintenance issued by the Risk Management
Certification Agency with a validity period until July 5, 2024
training 2023
• Details of the training attended throughout 2023 can be found in the Board of Directors' discussion in the Corporate Governance
Report contained in this Annual Report 2023.
position history and legal basis
• Obtained approval from the Financial Services Authority based on the Decree of the Board of Commissioners of the Financial
Services Authority Number KEP-41/D-03/2020 dated April 3, 2020.
• Effective for the first time on April 17, 2023 in accordance with the results of the Annual GMS decision on April 12, 2023.
• Reappointment in accordance with the Annual GMS on April 12, 2023
concurrent positions
• Has no concurrent positions
career history
• Chief of Process Transformation PT Bank BTPN Syariah Tbk (January-April 2020)
• Head of Branchless Banking PT Bank Tabungan Pensiunan Nasional Tbk (2017-2019)
• Head of Operations PT Bank Tabungan Pensiunan Nasional Tbk (April-December 2016)
• Operations Director PT Bank Tabungan Pensiunan Nasional Tbk (2014-2016)
• UMK Business Director PT Bank Tabungan Pensiunan Nasional Tbk (2010-2013)
• EVP Operations Head – UMK PT Bank Tabungan Pensiunan Nasional Tbk (2008-2010)
• SVP, Special Task Force UMK PT Bank Tabungan Pensiunan Nasional Tbk (June-October 2008)
• EVP, Distribution & Sales Force Development Head – Personal Banking Division Bank Danamon (2005-2008)
• SVP Business Support Head Bank Danamon (2004-2005)
• VP, E-Banking Division Head Bank Danamon (2003-2004)
• VP, Universal Bank (1994-2003)
membership in associations/organizations
• Chair of the Social Committee at the Indonesian Sharia Bank Association (Asbisindo) for
the 2021-2024 term of office
affiliated relationships
• Has no affiliation with the Board of Directors, Board of Commissioners, Sharia Supervisory Board
and Controlling Shareholders
PT Bank BTPN Syariah Tbk | Annual Report
Hadi Wibowo
president director
Indonesian | Jakarta, Indonesia | 56 years old
84
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company profile
education history
• Bachelor of Industrial Engineering from Bandung Institute of Technology (1990)
certifications
• SMR Level 5 is issued by the Banking Professional Certification Institute and SMR Maintenance is issued by the Sharia Financial
Professional Certification Institute with a validity period until August 24, 2024
training 2023
• Details of the training attended throughout 2023 can be found in the Board of Directors' discussion in the Corporate Governance
Report contained in this Annual Report 2023
position history and legal basis
• Obtained approval from the Financial Services Authority based on the Decree of the Board of Commissioners of the Financial
Services Authority Number KEP-69/D-03/2017 dated August 22, 2017
• Effective for the first time on August 22, 2017 in accordance with the results of the Annual GMS decision on March 6, 2017
• Reappointment in accordance with the Annual GMS on April 12 2023
concurrent positions
Has no concurrent positions
career history
• Head of Retail Banking & Wealth Management Risk HSBC Indonesia (2011-2017)
• Head of Retail Credit Risk PT ANZ Panin Bank Indonesia (2010-2011)
• Country Head Risk dan Head of Consumer Risk ABN Amro (2005-2010)
• Unsecured Risk Management Head PT Bank Danamon Tbk (2001-2005)
• Marketing Director PT Rahajasa Media Internet (1999-2001)
• Director of New Business GE Capital (1995-1999)
• Direct Sales Manager Citibank, NA (1990-1995)
membership in associations/organizations
• Member of the Banking Compliance Director Communication Forum
• Member of the Indonesian Issuers Association
• Member of the Indonesian Corporate Secretary Association
affiliated relationships
• Has no affiliation with the Board of Directors, Board of Commissioners,
Sharia Supervisory Board and Controlling Shareholders
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Arief Ismail
compliance director as well as
corporate secretary
Indonesian | South Tangerang, Indonesia | 57 years old
85
Page 88
education history
• Bachelor of Economics from IMMI Jakarta Management College (2007)
certifications
• SMR Level 5 is issued by the Banking Professional Certification Institute and SMR Maintenance issued by the Risk Management
Certification Agency with a validity period until July 5, 2024
training 2023
• Details of the training attended throughout 2023 can be found in the Board of Directors' discussion in the Corporate Governance
Report contained in this Annual Report 2023
position history and legal basis
• Obtained approval from the Financial Services Authority based on the Decree of the Board of Commissioners of the Financial
Services Authority Number KEP-32/D-03/2021 dated February 26, 2021
• Effective for the first time on April 21, 2021 in accordance with the results of the Annual GMS decision on April 21, 2021
• Reappointment in accordance with the Annual GMS on April 12, 2023
concurrent positions
• Has no concurrent positions
career history
• Chief of Financing Business PT Bank BTPN Syariah Tbk (2020-2021)
• Distribution Head Region 2 (East) PT Bank BTPN Syariah Tbk (2017-2020)
• Head of Business Development, Planning and Support Sales PT Bank Tabungan Pensiunan Nasional Syariah Tbk (2014-2017)
• Head of Consumer Advocacy and Service Quality PT Bank UOB Indonesia (2011-2014)
• Group Head Service Quality & Network Development PT Bank CIMB Niaga Tbk (2009-2011)
• Division Head Service Quality & Assurance PT Bank CIMB Niaga Tbk (2008-2009)
• Division Head Jakarta 1 Sales & Service Area PT Bank Niaga Tbk (2007-2008)
• Division Head Jakarta Marketing Communication & Business Development PT Bank Niaga Tbk (2004-2007)
• Service Quality Head PT Bank Niaga Tbk Head Office (2003-2004)
• Manager Service Quality Head Office PT Bank Niaga Tbk (2003)
• Head of Jakarta Individual Banking Service Quality Assurance and Network Development Division PT Bank Niaga Tbk (2002-2003)
• Branch Manager PT Bank Niaga (1999-2002)
• Branch Operation Head PT Bank Niaga Jakarta Thamrin branch (1998-1999)
• Business Unit Manager PT Bank Niaga Jakarta Design Center branch (February 1998)
• Operations Officer PT Bank Niaga (1993-1998)
membership in associations/organizations
• None
affiliated relationships
• Has no affiliation with the Board of Directors, Board of Commissioners,
Sharia Supervisory Board and Controlling Shareholders
PT Bank BTPN Syariah Tbk | Annual Report
Dwiyono Bayu Winantio
director
Indonesian | South Tangerang, Indonesia | 60 years old
86
Page 89
company profile
education history
• Bachelor of Accounting from Padjadjaran University (2004)
certifications
• SMR Level 5 is issued by the Banking Professional Certification Institute and SMR Maintenance is issued by the Risk Management
Certification Agency with a validity period until July 5, 2024
• Advanced Level Sharia Treasury Dealer by the Banking Professional Certification Institute
• Public Accountant Certification by the Banking Professional Certification Institute
training 2023
• Details of the training attended throughout 2023 can be found in the Board of Directors' discussion in the Corporate Governance
Report contained in this Annual Report
position history and legal basis
• Obtained approval from the Financial Services Authority based on the Decree of the Board of Commissioners of the Financial
Services Authority Number KEP-58/D-03/2020 dated May 27, 2020
• Effective for the first time on May 20, 2020 in accordance with the results of the Annual GMS decision on April 16, 2020
• Reappointment in accordance with the Annual GMS on April 12, 2023
concurrent positions
• President Commissioner of PT BTPN Syariah Ventura
career history
• Head of Finance & Investor Relations PT Bank BTPN Syariah Tbk (2017-2020)
• Senior Manager KAP Tanudiredja, Wibisana & Rekan (PwC Indonesia) (2013-2017)
• Head of Finance Project & Performance Standard Chartered Indonesia (2012-2013)
• Manager & Assistant Manager KAP Tanudiredja, Wibisana & Rekan (PwC Indonesia) (2009-2012)
• Senior Associate PwC Sydney (July-September 2009)
• Senior Associate KAP Tanudiredja, Wibisana & Rekan / Partners (PwC Indonesia) (2006-2009)
• Associate KAP Tanudiredja, Wibisana & Rekan / Partners (PwC Indonesia) (2004-2006)
membership in associations/organizations
• Member of the Indonesian Sharia Accounting Standards Board at the Indonesian
Accountants Association for the 2020-2024 term of office
affiliated relationships
• Has no affiliation with the Board of Directors, Board of Commissioners,
Sharia Supervisory Board and Controlling Shareholders
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Fachmy Achmad
director
Indonesian | Jakarta, Indonesia | 41 years old
87
Page 90
education history
• Bachelor of Industrial Engineering from Bandung Institute of Technology (1994)
certifications
• SMR Level 5 issued by the Banking Professional Certification Institute with a validity period of December 10, 2024
training 2023
• Details of the training attended throughout 2023 can be found in the Board of Directors' discussion in the Corporate Governance
Report contained in this Annual Report 2023
position history and legal basis
• Obtained approval from the Financial Services Authority based on the Decree of the Board of Commissioners of the Financial
Services Authority Number KEPR-2/D-03/2023 dated March 10, 2023
• Effective based on the decision of the Annual GMS on April 12, 2023
concurrent positions
• Has no concurrent positions
career history
• Financing Business Planning & Support Head PT Bank BTPN Syariah Tbk (2021-2023)
• Business Planning & Assurance Head PT Bank BTPN Syariah Tbk (2017-2021)
• Alignment & Customer Experience Head PT Bank BTPN Syariah Tbk (2015-2017)
• Human Capital Corporate & Business Partner Head PT Bank BTPN Syariah Tbk (2014-2015)
• Human Capital Head for Retail Banking, Corporate, HC, Operations, IT & Support Functions, and Operations & Services PT Bank
BTPN Tbk (2010-2014)
• Head for HR Operations & Information System dan Retail Banking Bank Permata (2007-2009)
• Senior HR, RM for Shared Distribution PT Bank Permata Tbk (2005-2006)
• HR, Coordinator for Rewards and HR Relationship Management PT Bank Permata Tbk (January to October 2005)
• Head of Rewards & Performance Management PT Bank Permata Tbk (2003-2004)
• HR Integration Team Member – 5 Banks Merger Project PT Bank Permata Tbk (August to December 2002)
• HR Department Head PT Bank Universal (2000-2002)
• HC Service Center Manager PT Bank Universal (1998-1999)
• HR Coordinator PT Bank Universal (1997-1998)
• Operations Policy and Procedure PT Bank Universal (1996-1997)
• Banker Development Program Trainee PT Bank Universal (1995-1996)
membership in associations/organizations
• None
affiliated relationships
• Has no affiliation with the Board of Directors, Board of Commissioners,
Sharia Supervisory Board and Controlling Shareholders
PT Bank BTPN Syariah Tbk | Annual Report
Dewi Nuzulianti
director
Indonesian | South Tangerang, Indonesia | 53 years old
88
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company profile
Sharia SUPERVISORY BOARD
H. Ikhwan Abidin, MA H. Muhamad Faiz, MA
chairman of the sharia supervisory board member of the sharia supervisory board
PT Bank BTPN Syariah Tbk | 2023 Annual Report
89
Page 92
Sharia SUPERVISORY BOARD
education history
• Bachelor of Islamic Economics from International of Islamic Economics, Islamabad, Pakistan (1992)
• Master of Islamic Economics from International of Islamic Economics, Islamabad, Pakistan (1994)
• Master of Islamic Studies from Jamiah Islamiah, Faisalabad, Pakistan (1994)
certification
• Certification of the Sharia Supervisory Board of Financing Companies from OJK and DSN MUI (2015)
training 2023
• Details of the training attended throughout 2023 can be found in the Sharia Supervisory Board training discussion
in this Annual Report
position history and legal basis
• Obtained approval from the Financial Services Authority based on Decree Number SR-25/PB.13/2017 on June 13 2017
• Effective appointed for the first time on June 13, 2017 in accordance with the Resolution of the Annual GMS on March 6, 2017
• Reappointment in accordance with the Annual GMS on April 12, 2023
concurrent positions
Financial institutions
• Chairman of the Sharia Supervisory Board of PT Radana Bhaskara Finance Tbk (2013-present)
• Chairman of the Sharia Supervisory Board of PT Bahana Artha Ventura (2008-present)
• Chairman of the Sharia Supervisory Board of PT Bank Syariah Bukopin (2000-present)
• Member of the Sharia Supervisory Board of PT Asanusa Asset Management (2014-present)
Non-Financial Institutions
• Postgraduate Lecturer at the Institute of Al-Quran Sciences (2007-present)
career history
• Expert Staff to the Directors of Sharia at the Indonesian Banking Development Institute (2004-2008)
affiliated relationships
• Has no affiliation with the Board of Directors, Board of Commissioners and Controlling Shareholders
PT Bank BTPN Syariah Tbk | Annual Report
H. Ikhwan Abidin, MA
chairman of the sharia supervisory board
Indonesian | Bogor, Indonesia | 58 years old
90
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company profile
education history
• Bachelor of Sharia from the Islamic University of Madinah (1997)
• Master Daarul Ulum from Cairo University (2013)
certifications
• Sharia Banking Sharia Supervisory Board certification level II from DSN-MUI (2013)
• Sharia Banking Sharia Supervisory Board certification level I from DSN-MUI (2008)
training 2023
• Details of the training attended throughout 2023 can be found in the Sharia Supervisory Board training discussion
in this Annual Report
position history and legal basis
• Obtained approval from the Financial Services Authority based on Decree Number SR-23/PB.13/2017 on May 2, 2017
• Effective appointed for the first time on May 2, 2017 in accordance with the Annual GMS Decision on March 6, 2017
• Reappointment in accordance with the Annual GMS on April 12, 2023
concurrent positions
Financial institutions
• Chairman of the Sharia Supervisory Board of Sharia Business Unit of PT Bank Permata Tbk (2008-present)
• Chairman of the Sharia Supervisory Board of PT IMFI Syariah (2012-present)
• Member of the Sharia Supervisory Board of Sharia Business Unit of PT Bank Tabungan Negara (Persero) Tbk (2023-present)
Non-Financial Institutions
• Deputy Caretaker PP Darul Rohman (2008-present)
• Deputy Secretary of the MUI Fatwa Commission (2010-present)
• Deputy Chair of the Bahtsul Masail Institute at PBNU (2015-present)
• Member of the MUI DSN Plenary (2020-2025)
• PBNU Sharia Chief (2022-2027)
• General Chairperson of the DKI Jakarta MUI (2023-2028)
Career history
• As per the information provided in the disclosure column of
concurrent positions (still active)
Affiliated relationships
• Has no affiliation with the Board of Directors,
Board of Commissioners and Controlling Shareholders
PT Bank BTPN Syariah Tbk | 2023 Annual Report
H. Muhamad Faiz, MA
member of the sharia supervisory board
Indonesian | Jakarta, Indonesia | 49 years old
91
Page 94
Board of Commissioners
COMMITTEES PROFILE
as of Desember 31, 2023
Composition of the Board of Commissioners’ Committee
Risk Oversight Audit Nomination and
Committee Committee Remuneration Committee
Chairwoman: Chairman: Chairman:
Dewie Pelitawati Mulya Effendi Siregar* Kemal Azis Stamboel
(Independent Commissioner) (Independent Commissioner) (President Commissioner/
Members: Members: Independent)
1. Kemal Azis Stamboel 1. Tika Arundina Members:
(President/Independent (Independent Party) 1. Mulya Effendi Siregar*
Commissioner) 2. Rena Mutia Indriani (Independent Commissioner)
2. Mulya Effendi Siregar* (Independent Party) 2. Dewie Pelitawati
(Independent Commissioner) (Independent Commissioner)
3. Ongki Wanadjati Dana 3. Ongki Wanadjati Dana
(Commissioner) (Commissioner)
4. Tika Arundina 4. Ibnu Agung Mulyanto
(Independent Party) (Human Capital Head)
5. Rena Mutia Indriani
(Independent Party)
Notes:
* Mulya Effendi Siregar effectively serves as Chairman of the Audit Committee and member of the Risk Oversight Committee and Nomination and
Remuneration Committee on July 18, 2023
Complementing membership in the Committee at the level of the Board of Commissioners, the Independent
Commissioners and members of the Sharia Supervisory Board act as Permanent Invitees to the Corporate
Governance Committee which has been formed by the Parent Entity as part of fulfilling the supervisory duties of the
Committee at the level of the Board of Commissioners in the Financial Group.
PT Bank BTPN Syariah Tbk | Annual Report
Further explanation can be found in the Corporate Governance Report section, the Board of Commissioners level
Committee section in this 2023 Annual Report.
92
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company profile
education history
• Bachelor in Economics from University of Indonesia (2007)
• Master of Science in Finance dari International Islamic University of Malaysia (2010)
• Doctor in Islamic Banking & Finance dari International Islamic University of Malaysia (2014)
certification
• Capital Market Sharia Expert Certification (ASPM)
• Certification in Audit Committee Practices from the Indonesian Audit Committee Association
• Certification as an Islamic Economic Trainer from Akhwat University Pakistan
training 2023
• Details of the training attended throughout 2023 can be found in the discussion of the Board of Commissioners, Board of Directors
and Independent Parties in the Corporate Governance Report contained in this 2023 Annual Report
position history and legal basis
• Effective for the first time on February 14, 2019
• Final reappointment in accordance with Circular Decree of the Board of Commissioners No.006/CIR/DEKOM/VII/2023 dated July
18, 2023
concurrent positions
• Director of the Islamic Economics Study Program, Faculty of Economics and Business, University of Indonesia (2018-present)
• Researcher and Trainer at the Center for Sharia Economics and Business (PEBS) Faculty of Economics and Business, University of
Indonesia (2017-present)
• Lecturer in the Islamic Economics Study Program, Faculty of Economics and Business, University of Indonesia (2014-present)
career history
• Research Manager at the Center for Sharia Economics and Business (PEBS) Faculty of Economics and Business, University of
Indonesia (2016-2018)
• Lecturer at International Islamic University Malaysia - Institute of Islamic Banking & Finance (2011-2012)
• Researcher at Kulliyyah of Economics and Management Science, International Islamic University Malaysia (2008-2010 and 2011-
2012)
• Researcher at the Demography Institute, Faculty of Economics, University of Indonesia (2010)
affiliated relationships
• Has no affiliation with the Board of Directors, Board of Commissioners,
Sharia Supervisory Board and Controlling Shareholders
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Tika Arundina
independent party
member of the audit committee and
the risk oversight committee
Indonesian | Jakarta, Indonesia | 39 years old
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education history
• Bachelor of Economics from Jendral Soedirman University, Purwokerto (1987)
certifications
• Level 2 Compliance Certification from the Banking Professional Certification Institute
• Certification in Audit Committee Practices from the Indonesian Audit Committee Association
training 2023
• Details of the training attended throughout 2023 can be found in the discussion of the Board of Commissioners, Board of Directors
and Independent Parties in the Corporate Governance Report contained in this 2023 Annual Report
position history and legal basis
• Effective for the first time on November 1, 2021
• Final reappointment in accordance with Circular Decree of the Board of Commissioners No.006/CIR/DEKOM/VII/2023 dated 18
July 2023
concurrent positions
• No concurrent positions
career history
• Head of Compliance Work Unit Division PT Bank BTPN Syariah Tbk (2014-2021)
• Head of Operations and Services Division PT Bank BRI Syariah Tbk (2008-2014)
• Head of Sharia Head Office Sharia Business Unit PT Bank Permata Tbk (2006-2008)
• Head of Business Development & Sharia Network Sharia Business Unit PT Bank Permata Tbk (2004-2006)
• Head of Policy, Procedure & System Development PT Bank Permata Tbk (2002-2004)
• Head of Operation Compliance Division PT Bank Universal (1999-2002)
• PT Bank Universal Operation Policy (1996-1999)
• Head of PT Bank Dharmala Branch Operations Development Division (1994-1996)
• Head of Sub-Branch Operations at PT Bank Dharmala (1992-1994)
• Head of Sub-Branch Operations PT United City Bank (1990-1992)
• Accounting Officer at PT United City Bank (1989-1990)
affiliated relationships
• Has no affiliation with the Board of Directors, Board of Commissioners,
Sharia Supervisory Board and Controlling Shareholders
PT Bank BTPN Syariah Tbk | Annual Report
Rena Mutia Indriani
independent party
member of the audit committee and risk oversight committee
Indonesia | South Tangerang, Indonesia | 59 years old
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company profile
Board of MANAGEMENT
Ibnu Agung Mulyanto Robertus J. Hadisurya Dharma Putera
human capital head information technology head risk management head
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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education history
• Bachelor of Economics from Gadjah Mada University
• Master of Management (Summa Cum Laude) from Prasetiya Mulya Business School (2015)
certification
• SMR Level 1 is issued by the Risk Management Certification Body, and SMR Maintenance is also issued by the Risk
Management Certification Body, with a validity period until July 29, 2025
position history
• Has served as Human Capital Head of PT Bank BTPN Syariah Tbk since 2021
roles & responsibilities
• Develop and develop Human Capital strategies and ensure the implementation of HC functions in the areas
of Resourcing, Learning & Talent Management, Reward & Performance Management, Industrial & Employee
Relations, HC Business Partners and operational activities for service to employees run effectively and efficiently in
accordance with strategic direction company
career history
• General Manager Human Resources PT Bank QNB Indonesia (2019-2021)
• Deputy of Human Resources Director PT Bank HSBC Indonesia (2017-2019)
• Head of Human Resources PT Bank Ekonomi Raharja Tbk (2011-2017)
• Country Head of Human Resources Royal Bank of Scotland Indonesia Branch (2010-2011)
concurrent positions
• No concurrent positions
affiliated relationships
• Has no affiliation with the Board of Directors, Board of Commissioners, Supervisory Board and Controlling
Shareholders
PT Bank BTPN Syariah Tbk | Annual Report
Ibnu Agung Mulyanto
human capital head
Indonesia | Jakarta, Indonesia | 50 years old
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company profile
education history
• Bachelor of Information Management from STMIK Bina Nusantara (1995)
certification
• SMR Level 4 is issued by the Sharia Financial Professional Certification Institute, and SMR Maintenance is also
issued by the Sharia Financial Professional Certification Institute, with a validity period until 30 October 2025
position history
• Has served as Information Technology Head of PT Bank BTPN Syariah Tbk since 2020
roles & responsibilities
• Ensure that IT strategies, products and solutions support the achievement of the Bank's strategy, both short and
long term, and ensure that the IT infrastructure supports the Bank's operational processes so that they run well in
accordance with established standards to increase user satisfaction and support overall business processes
career history
• Head of Information Technology PT Great Eastern Life Indonesia (2020)
• Head of IT Service & Solution Delivery PT Commonwealth Life Indonesia (2017-2020)
• Head of IT Service Delivery, Solution Delivery & Quality Management AXA Services Indonesia (2011-2017)
• Head of Operation and IT Division PT Bank Sahabat Purba Danarta (2008-2011)
• Head of IT Solutions PT Bank Commonwealth (2006-2007)
concurrent positions
• No concurrent positions
affiliated relationships
• Has no affiliation with the Board of Directors, Board of Commissioners, Supervisory Board and Controlling
Shareholders
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Robertus J. Hadisurya
information technology head
Indonesian | South Tangerang, Indonesia | 59 years old
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education history
• Bachelor of Aviation Engineering from Bandung Institute of Technology (2002)
• Masters in Mechanical Engineering from Toyohashi University of Technology, Japan
certifications
• SMR Level 4 is issued by the Risk Management Certification Body, and SMR Maintenance is issued by the Risk
Management Certification Body with a validity period until July 5, 2024
• Qualified Risk Management Professional Certification from CRMS
position history
• Has served as Risk Management Head of PT Bank BTPN Syariah Tbk since 2020
roles & responsibilities
• Building a comprehensive process for identifying, measuring, monitoring and controlling risks as well as submitting
reports on the level of risk both internal and external to BTPN Syariah. Coordinating and socializing all Bank risk
management processes to minimize the potential and impact of various types of risks faced by the Bank
career history
• Distribution Head Wilayah Barat PT Bank BTPN Syariah Tbk (2017-2020)
• Financing Risk Head Head PT Bank BTPN Syariah Tbk (2014-Des 2016)
• Strategic Development Unit Head Citibank (2008-Des 2013)
• Management Information System (MIS) Team Head Citibank (2006-2008)
• Management Associate Citibank (2005-2006)
concurrent positions
• No concurrent positions
affiliated relationships
• Has no affiliation with the Board of Directors, Board of Commissioners, Supervisory Board and Controlling
Shareholders
PT Bank BTPN Syariah Tbk | Annual Report
Dharma Putera
risk management head
Indonesian | South Tangerang, Indonesia | 45 years old
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company profile
Shareholders
COMPOSITION AND PROFILE
BTPN Syariah shareholders composition
as of December 31, 2023
ownership structure
PT Bank BTPN Tbk (70.00%)
total shares : 5,392,590,000
total nominal shares : Rp 539,259,000,000
0.01%
Public (29.99%)
total shares : 2,310,493,900
total nominal shares : Rp 231,049,390,000
29.99% 70.00%
Treasury Shares (0.01%)
total shares : 616,100
total nominal shares : Rp 61,610,000
authorize capital, issued capital and paid-in capital
authorized capital Rp 2,750,000,000,000
(Two Trillion Seven Hundred and Fifty Billion Rupiah)
issued and fully paid in capital Rp 770,370,000,000
(Seven Hundred and Seventy Billion Three Hundred Seventy Million Rupiah)
total shares 7,703,700,000 shares
share nominal value Rp 100 per share
controlling shareholder ultimate controlling shareholder
PT Bank BTPN Syariah Tbk | 2023 Annual Report
name PT Bank BTPN Tbk name Sumitomo Mitsui Financial Group
(through Sumimoto Mitsui Banking
Corporation)
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PT Bank BTPN Tbk
PROFILE
PT Bank BTPN Tbk (Bank BTPN) incorporated in Bandung, West Java in 1958 is a foreign exchange bank
resulting from the merger of PT Bank Tabungan Pensiunan Nasional Tbk with PT Bank Sumitomo Mitsui
Indonesia (SMBCI) in 2019.
After the merger, Bank BTPN in the management of its business became a universal bank with the support
of digital technology with a more comprehensive business to serve a wider range of customers, from retail
to corporate segments.
For more information, visit www.btpn.com
Ownership
as of December 31, 2023
STRUCTURE
Sumitomo Mitsui Financial
Group (SMFG)
100%
Treasury Public Sumitomo Mitsui Banking
Shares (<5%) Corporation (SMFG) BNI BCA
1.13% 7.72% 89.98% 0.15% 1.02%
Treasury Public
Shares PT Bank BTPN Tbk (<5%)
0.01% 70.00% 29.99%
PT Bank BTPN Syariah Tbk
PT Bank BTPN Syariah Tbk | Annual Report
ultimate controlling shareholder Sumitomo Mitsui Financial Group
(through Sumimoto Mitsui Banking Corporation)
controlling shareholders PT Bank BTPN Tbk (70.00%)
non-PSP shareholders through the capital Nil
market (≥5%)
non-PSP shareholders through the non Nil
capital market (≥5%)
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company profile
Information Related to
THE ULTIMATE CONTROLLING
SHAREHOLDER
sumitomo mitsui financial group
Sumitomo Mitsui Financial Group, Inc. (“SMFG”) was established on December 2, 2002 and is the Parent
Company of Sumitomo Mitsui Banking Corporation (“SMBC”), the Ultimate Controlling Shareholder of
BTPN Syariah. The shares of SMFG is listed in Tokyo Stock Exchange (First Section) and Nagoya Stock
Exchange (First Section). The mission of SMFG is to grow and prosper with the customers by providing
services that generates greater value for the customers, to maximize shareholders value through
sustainable business growth, and to create work environment thatencourages and appreciates highly
dedicated and motivated employees.
Having its head quarter in Tokyo, Japan, SMFG operates through the management of its banking
subsidiaries and other companies that are categorized as subsidiaries according the Japanese Banking
Law, and perform the ancillary functions, and the functions of a bank holding company under the
provisions of the Japanese Banking Laws. The companies in the SMFG Group mostly operate in
commercial banking that provides financial services such as: leasing, securities, consumer financing,
finance, data development system processing, and asset management.
For more information, visit www.smfg.co.jp
sumitomo mitsui banking corporation
Sumitomo Mitsui Banking Corporation (“SMBC”) was established on April 2021 through the merger of two
leading banks, The Sakura Bank, Limited and The Sumitomo Bank, Limited. Sumitomo Mitsui Financial
Group, inc. was established on December 2002 as the Bank's Parent Company through share transfer and
SMBC was a subsidiary that was solely owned by SMFG. On March 2023, SMBC merged with
The Wakashio Bank, Ltd.
Having its Headquarters in Tokyo, Japan, today SMBC is one of the largest bank in Japan with business
network spread in several regions in the world, such as Australia, Europe, Canada, Brazil, and Indonesia.
SMBC and its Group of Companies offer several financial services that are centralized around banking.
SMBC operates banking businesses in 16 countries other than the country of origin, Japan. They also
operate other businesses such as leasing, securities, credit card, investment, mortgage securitization,
venture capital, and other related credit businesses.
In Indonesia, beside banks, SMBC also has several other subsidiaries, namely PT Sumitomo Mitsui Finance
and Leasing Indonesia, PT Nikko Sekuritas Indonesia, PT SBCS Indonesia, and PT Bank BTPN Tbk.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
For more information, visit www.smbc.co.jp
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20 Largest
SHAREHOLDERS COMPOSITION
as of December 31, 2023
Percentage of
No. Ownership Status Total Shareholders Ownership
(%)
1 PT BANK BTPN TBK 5,392,590,000 70.00
2 CITIBANK NEW YORK S/A GOVERNMENT OF NORWAY - 16 220,000,000 2.86
3 MORGAN STANLEY AND CO INTL PLC - IPB CLIENT ACCOUNT 143,828,600 1.87
4 THE NT TST CO S/A CIM INVESTMENT FUND ICAV 134,837,800 1.75
5 JPMSE LUX RE UCITS CLT RE-SCHRODER INTERNATIONAL
79,848,000 1.04
SELECTION FUND
6 HSBC BANK PLC S/A EAM LONG-ONLY EMERGING MARKETS
58,730,400 0.76
MASTER FUND LIMITED HBEU AS AGENT
7 STATE STREET BANK-GOLDMAN SACHS FUNDS 40,293,700 0.52
8 AMIN 39,368,400 0.51
9 STATE STREET BANK-VANECK FUNDS- EMERGING MARKETS FUND 38,406,000 0.50
10 BP2S LUXEMBOURG S/A UBAM - POSITIVE IMPACT EMERGING
38,030,000 0.49
EQUITY
11 BNYM RE GOLDMAN SACHS TRUST-GS EMER MAR EQ FUND-
36,779,200 0.48
2039927836
12 BNYM RE BNYMLB RE EMPLOYEES PROVIDENTFD
36,532,700 0.47
BOARD-2039927326
13 PT. AMB FINANSIAL INDONESIA 35,000,000 0.45
14 JPMCB NA RE - VANGUARD EMERGING MARKETS STOCK INDEX
31,867,700 0.41
FUND
15 JPMCB NA RE-VANGUARD TOTAL INTERNATIONAL STOCK INDEX
31,155,157 0.40
FUND
16 STATE STREET BANK-COLUMBIA THREADNEEDLE (LUX) III 30,015,200 0.39
17 STATE STREET BANK-ISHARES CORE MSCI EMERGING MARKETS
27,826,200 0.36
ETF
18 STATE STREET BANK-GOLDMAN SACHS FUNDS 24,099,300 0.31
19 STATE STREET BANK-THE GOLDMAN SACHS TRUST COMPANY NA
21,819,000 0.28
COLLECTIVE TRUST
PT Bank BTPN Syariah Tbk | Annual Report
20 BROWN BROTHERS HARRIMAN + CO. BOSTON GRANDEUR PEAK
21,107,600 0.27
EMERGING MARKETS OPPORTUNITIES FUND
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company profile
Composition of Shareholders and
PERCENTAGE OF OWNERSHIP
BY CLASSIFICATION
as of December 31, 2023
Percentage of
Total Shares
No. Ownership Status Total Shareholders Ownership
(Shares)
(%)
1 Indonesian individuals 28.949 758.334.083 9.84376
2 Cooperatives 1 300 0.00000
3 Foundations 1 100 0.00000
4 Pension Funds 17 25.462.700 0.33053
5 Insurance 36 39.725.300 0.51567
6 Bank 3 5.393.586.100 70.01293
7 Limited Liabilities Companies 77 61.265.314 0.79527
8 Mutual Funds 38 28.331.100 0.36776
9 Foreign Individuals 31 1.583.400 0.02055
10 Foreign Companies 191 1.395.411.603 18.11352
Total 29.344 7.703.700.000 100.00000
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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Disclosure of Share Ownership
OF THE BOARD OF COMMISSIONERS,
THE SHARIA SUPERVISORY BOARD,
AND THE BOARD OF DIRECTORS OF
BTPN SYARIAH
Pursuant to the Regulations of Financial Services Authority Number 11/POJK.04/2017 concerning the
Report of Shares Ownership or Changes of Shares Ownership of Public Companies, the composition of
BTPN Syariah shares ownership of the Board of Commissioners, Sharia Supervisory Board, and the Board
of Directors as of December 31, 2023 is reported, as follows:
Total Total
Percentage
BTPN BTPN Percentage
of
No. Shareholders Syariah No. Shareholders Syariah of Ownership
Ownership
Shares Shares (%)
(%)
(shares) (shares)
Board of Commissioners Board of Directors
1 Kemal Azis Stamboel Nil 0 1 Hadi Wibowo 64,800 0.00084*
2 Mulya Effendi Siregar Nil 0 2 Arief Ismail 195,900 0.00254*
3 Dewie Pelitawati Nil 0 3 Fachmy Achmad 34,500 0.00045*
4 Ongki Wanadjati Dana Nil 0 4 Dwiyono Bayu 34,600 0.00045*
Winantio
Sharia Supervisory Board
5 Dewi Nuzulianti Nil 0
1 H. Ikhwan Abidin, MA Nil 0
2 H. Muhamad Faiz, MA Nil 0 Note:
*represents direct ownership of the receipt of variable remuneration
PT Bank BTPN Syariah Tbk | Annual Report
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company profile
The Bank’s' Policy Concerning
DISCLOSURE OF BTPN SYARIAH
SHARES OWNERSHIP OF
THE BOARD OF COMMISSIONERS,
THE SHARIA SUPERVISORY BOARD,
AND THE BOARD OF DIRECTORS
BTPN Syariah set the disclosure obligation of each ownership of BTPN Syariah shares by the
Board of Commissioners, Sharia Supervisory Board, and Board of Directors in the Corporate
Governance Policy.
The implementation of BTPN Syariah Shares Ownership Disclosure has been periodically
reported to the public as part of the Bank’s information transparency through the Monthly
Registration of Securities Holders Report and other incidental reports regarding the share
ownership or every time there is a change in the Bank’s share ownership.
The Corporate Governance Policy and Information Transparency on the Registration of
Securities Report are available on BTPN Syariah’s Website.
No member of the Board of Commissioners, Sharia Supervisory Board, and Board of Directors
own any share on SMBC business group.
There is a share ownership of PT BANK BTPN Tbk shares by member of the Board of
Commissioners who was a representative of shareholders at BTPN Syariah, related to the
earning while having the role of a Material Risk Takers with ownership under 0.01%.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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Corporate ACTION 2023
1. changes to the composition of the
Board of Commissioners
1. approval of the resignation of a member of the
Board of Commissioners whose term of office
The composition, criteria and number of has expired effective as of the closing of the
members of the Board of Commissioners at said Annual GMS; And
BTPN Syariah has considered the needs and
complexity of the Bank, and in accordance 2. approval of the appointment of a member of
with the prevailing regulation including but not the Board of Independent Commissioners and
limited to Bank Indonesia Regulation Number serving effectively since obtaining approval from
11/33/PBI 2009 concerning the implementation the Financial Services Authority and/or fulfilling
of Good Corporate Governance for Sharia the requirements set out in the approval letter
Commercial Banks (BUS) and Sharia Business from the Financial Services Authority.
Units (UUS), SEBI Number 12/13/DPbS dated
April 30, 2010 concerning Implementation of The new members of the Independent Board
GCG for BUS, Financial Services Authority of Commissioners have been effective since
Regulation Number 33/POJK.04/2014 April 17, 2023 in accordance with approval
concerning the Board of Directors and Board of from the Financial Services Authority in
Commissioners of Issuers or Public Companies, the Decree of Members of the Board of
Financial Services Authority Regulation Number Commissioners of the Financial Services
16/POJK.03/2022 concerning Sharia Commercial Authority Number KEPR-19/D.03/2023 dated
Banks, and Financial Services Authority Regulation April 17, 2023.
Number 17/2023 concerning Implementation of
Governance for Commercial Banks. Due to changes in the composition of the Board
of Commissioners in 2023, BTPN Syariah has
The membership composition of the Board carried out Information Disclosure on the BTPN
of Commissioners has taken into account Syariah website, the PT Bursa Efek Indonesia
the diversity of expertise, knowledge and website, and the Capital Market Supervisory
experience required in carrying out the duties Financial Services Authority.
and functions of the Board of Commissioners,
including knowledge of sharia banking as well 2. changes in the Composition of the
as various competencies with other professional Board of Directors
backgrounds. Determination of the composition, criteria
and number of members of the Board of
All members of the Board of Commissioners Directors at BTPN Syariah has taken into
at BTPN Syariah have sufficient experience account the needs and complexity of the
and knowledge in various fields, including Bank, as well as fulfilling the provisions
serving as a supervisory board for banking of applicable laws and regulations
and sharia banking as well as regulatory including but not limited to Bank Indonesia
supervision, Chair of the Audit Committee, Regulation Number 11/33/PBI 2009
leading companies in the Financial Group which concerning the implementation of Good
includes Consumer Banking, Corporate Banking, Corporate Governance for (BUS) and Sharia
Law and Compliance, Finance, Accounting, Risk Business Unit (UUS), SEBI Number 12/13/
PT Bank BTPN Syariah Tbk | Annual Report
Management, Treasury, Human Resources, DPbS dated April 30, 2010 concerning
Audit, Corporate Governance, Internal Control, Implementation of GCG for BUS, Financial
Corporate Planning and other areas under the Services Authority Regulation Number 33/
auspices of the Joint Business Group in the POJK.04/2014 concerning Directors and
Financial Group and other companies, both Board of Commissioners of Issuers or Public
banking and sharia banking and other companies Companies, Financial Services Authority
besides financial services institutions. Regulation Number 16/POJK.03/2022
concerning Sharia Commercial Banks, and
At the BTPN Syariah Annual GMS on April 12, Financial Services Authority Regulation
2023, shareholders approved changes to the Number 17/2023 concerning Implementation
composition of the Board of Commissioners by: of Governance for Commercial Banks.
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company profile
The composition of the Board of Directors Further discussion on the Board of
membership has taken into account the diversity Commissioners, Sharia Supervisory Board
of banking knowledge, expertise, background, and Board of Directors can be found in the
and professional experience to support the Corporate Governance Implementation Report
effective implementation of the Board of section of this Annual Report.
Directors' duties including knowledge of
Consumer Financing, Law, Finance, Accounting, 4. cash dividend distribution
Risk Management, Human Resources, Corporate
Governance, Internal Control , Corporate dividend policy
Planning, Business Planning & Development, The distribution and determination of dividends
and Customer Experience both in the world of is the authority of the Shareholders and is
banking and sharia banking. determined at the Annual GMS.
At the BTPN Syariah Annual GMS on April Dividend distribution at BTPN Syariah is
12, 2023, shareholders approved changes to regulated in the Articles of Association and
the composition of the Board of Directors by Corporate Governance Policy.
approving the resignation of a member of the
Board of Directors whose term of office has Observing the development and growth
expired effective as of the closing of the said of BTPN Syariah's financial performance
Annual GMS and approving the appointment and considering that to maximize public
of a member of the Board of Directors shareholder value, the Dividend Policy at
effective from the closing of the Annual GMS BTPN Syariah can reach more than 40%,
in question. while still paying attention to related factors,
including the Company's income and cash
Regarding changes in the composition of the flow availability, financial prospects, needs
Board of Directors in 2023, BTPN Syariah has company working capital, future business
carried out Information Disclosure on the BTPN prospects, capital and infrastructure
Syariah website, the PT Bursa Efek Indonesia expenditure as well as investment plans and
website, and the Capital Market Supervisory other growth drivers.
Financial Services Authority.
The proposal for dividend distribution is
3. reappointment of members of submitted by the Board of Directors and
the Board of Commissioners, approved to be proposed to the Annual GMS
Sharia Supervisory Board and by the Board of Commissioners. This proposal
Board of Directors was brought to the Annual GMS for approval
In connection with the end of the term of office by Shareholders.
of members of the Board of Commissioners,
Sharia Supervisory Board and Board of fulfillment of commitments to
Directors who served at the closing of the shareholders
Annual GMS held in 2023, the same Annual BTPN Syariah upholds the rights of
GMS has also approved the re-appointment of shareholders and continuously grows the trust
all members of the Board of Commissioners, of shareholders and investors. Fulfilling this
Sharia Supervisory Board and Directors who commitment takes into account sectors and
have expressed their willingness to to be industries as well as size and complexity as
reappointed at the 2023 Annual GMS with the a sharia commercial bank and as a changing
public.
term of office of all members of the Board of
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Commissioners, Sharia Supervisory Board and cash dividend distribution in 2023
Directors effective from the closing of the 2023 By prioritizing the implementation of good
Annual GMS until the closing of the Annual corporate governance principles based
GMS to be held in 2026. on transparency, accountability, liability,
professionalism and sharia principles,
Due to the re-appointment of the Board of and in line with the results of the healthy
Commissioners, Sharia Supervisory Board and development and growth of the sharia
Board of Directors at the 2023 Annual GMS, banking industry, BTPN Syariah has
BTPN Syariah has carried out Information again distributed dividends based on the
Disclosure on the BTPN Syariah website, the performance of the financial year ending in
PT Bursa Efek Indonesia website, and the December 31, 2022.
Capital Market Supervisory Financial Services
Authority.
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This dividend distribution is the fourth dividend (ninety-two point five rupiah), per share or a
distribution since BTPN Syariah was founded total of Rp 712,535,260,750 (seven hundred
in 2014 and became a public company in 2018. twelve billion, five hundred thirty-five million,
two hundred sixty thousand, seven hundred
The distribution of dividends for the and fifty rupiah) set aside as cash dividends
performance of the financial year ending on to shareholders. BTPN Syariah recorded the
December 31, 2022 has been approved by remaining net profit for the financial year
Shareholders through the BTPN Syariah Annual ending on December 31, 2022, amounting to
GMS on April 12, 2023. Rp 1,047,007,602,787 (one trillion forty-seven
billion seven million six hundred two thousand
The total dividend distribution paid in 2023 will seven hundred and eighty-seven rupiah),
come from BTPN Syariah's Net Profit based as retained profit to finance Bank business
on the financial year ending on December 31, activities.
2022, amounting to Rp 1,779,542,863,537 (one
trillion seven hundred seventy-nine billion, pay-out ratio cash dividend distribution in
five hundred forty-two million eight hundred 2023
six thirty-three thousand five hundred thirty- The pay-out ratio for dividend distribution based
seven rupiah), of which Rp 20,000,000,000 on performance for the financial year ending
(twenty billion Rupiah) has been set aside as on December 31, 2022 distributed in 2023 is a
mandatory general reserves and Rp 92.50 maximum of 40%.
cash dividend distribution schedule for 2023
No. Description Date
1 End of Trading Period for Shares with Dividend Rights
(Cum Dividend)
• Regular and Negotiated Markets April 27, 2023
• Cash Market May 2, 2023
2 Beginning of Stock Trading Period Without Dividend Rights (Ex Dividend)
• Regular and Negotiated Markets April 28, 2023
• Cash Market May 3, 2023
3 Recording Date of Shareholders Entitled to Dividends May 2, 2023
4 Cash Dividend Payment Date May 12, 2023
procedures for distribution of cash dividends in 2023 Notification regarding the distribution of Cash
The procedures for distributing Cash Dividends Dividends has been delivered to the Shareholders of
in 2023 have taken into account the applicable the relevant Account Holders on May 12, 2023.
provisions.
BTPN Syariah has also distributed Cash Dividends
BTPN Syariah has implemented Information (non-scriptless documents) to PT Bank BTPN Tbk as
Disclosure regarding Procedures for Distribution the controlling shareholder, for 1% ownership which
of Cash Dividends in 2023 which is available on is not listed on the Indonesia Stock Exchange on May
the BTPN Syariah website and the PT Bursa Efek 12, 2023.
Indonesia website since April 14 ,2023 at the same
time as the Summary of Minutes of the 2023 Regarding the realization of the distribution of Cash
Annual GMS was published. Dividends in 2023, BTPN Syariah has carried out
Information Disclosure in accordance with applicable
PT Bank BTPN Syariah Tbk | Annual Report
realization of cash dividend distribution in 2023 regulations.
PT Kustodian Sentral Efek Indonesia (KSEI) has
made Cash Dividend payments to Shareholders Historical details of the distribution of Cash
(owners of scriptless documents) who have Dividends at BTPN Syariah are available in the Stock
Accounts at KSEI on May 12, 2023 (Payment Date) in Overview discussion in this 2023 Annual Report.
accordance with ownership on the Recording Date as
of May 2, 2023.
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company profile
Name and Address of
CAPITAL MARKET SUPPORTING
INSTITUTIONS AND/OR PROFESSIONALS
independent auditor Siddharta Widjaja & Rekan
(an Indonesian partnership and member firm of the KPMG network of independent
member firm affiliated with KPMG International Cooperative)
Wisma GKBI floor 32, Jl. Jend. Sudirman No. 28, Jakarta 10210, Indonesia
Phone : +62 21 574 2333
Facsimile : +62 21 574 1777
Services Provided
Examining or auditing BTPN Syariah Financial Reports ending on December 31, 2023
Cost
Rp 887,000,000 (Eight Hundred and Eighty Seven Million Rupiah)
excluding OPE and 11% VAT (according to engagement letter)
Assignment Period
Check or audit BTPN Syariah Financial Reports for the financial year ending on
December 31, 2023.
There are no other services provided
Throughout the audit period for the 2023 financial year, KAP does not provide other
services apart from Annual Financial Report audit services so that no fees are paid for
non-audit services.
share registrar PT Datindo Entrycom
Jl. Hayam Wuruk No. 28
Jakarta 10120
Phone : +62 21 350 8077 (Hunting)
Facsimile : +62 21 350 8078
rating company PT Fitch Ratings Indonesia
DBS Bank Tower, Lt 24, Suite 2403
Jl. Prof. Dr. Satrio Kav. 3-5
Jakarta 12940
Phone : +62 21 2988 6800
Facsimile : +62 21 2988 6822
Services Provided
Rating of Companies and Securities Issued
Cost
Rp 140,000,000 (one hundred and forty million Rupiah)
(excluding 11% VAT)
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Assignment Period
Until January 2024
notary Ashoya Ratam, S.H., M.Kn.
Notaris & PPAT Kota Administrasi Jakarta Selatan
Jl. Suryo No. 54
Jakarta 12180, Indonesia
Phone : +62 21 2923 6060
Facsimile : +62 21 2923 6070
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Commitment to
THE SUSTAINABLE DEVELOPMENT
GOALS
BTPN Syariah actively adopts several external initiatives in response the current development and actively
supports the achievement of several goals of global scale sustainable development in the Sustainable
Development Goals (SDGs).
For the said goals, BTPN Syariah is actively involved in establishing collaboration with several institutions
and related global association, both as member and as collaborating partner.
The elaboration of BTPN Syariah participation is further expounded in 2023 Sustainability Report.
Membership in National
AND/OR INTERNATIONAL
ASSOCIATIONS RELATED TO
THE IMPLEMENTATION OF
SUSTAINABLE FINANCE
membership in similar associations and commitment to external initiatives
In supporting sustainable development programs that are in line with the Sustainable Development Goals,
BTPN Syariah plays an active role as a member of various associations and/or institutions as explained in
the following table:
Name of
No. Association/ Purpose Participation Funds Contribution PIC
Initiative
1 PT Kustodian Mandatory in nature Member Rp 11,000,000 Corporate
Sentral Efek Assist in distributing the rights Secretariat
Indonesia (KSEI) of equity securities holders in the
PT Bank BTPN Syariah Tbk | Annual Report
form of money and/or securities
and assist in the implementation
of Corporate Actions by providing
a List of Equity Securities Holders
and Securities Holders' KTUR
2 Indonesia Issuer An organizational forum for BTPN Member Rp 12,000,043 Corporate
Association (AEI) Syariah as a Public Company Secretariat
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company profile
Name of
No. Association/ Purpose Participation Funds Contribution PIC
Initiative
3 Indonesia An organizational forum for the Member Rp 5,000,000 Corporate
Corporate Corporate Secretary of BTPN Secretariat
Secretary Syariah
Association
(ICSA)
4 National Private Mandatory Member Rp 60,000,000 Corporate
Banks A forum for association for & Marketing
Association BTPN Syariah as a National Communication
(Perbanas) Private Bank
5 Indonesian Sharia Mandatory Member Rp 150,000,000 Corporate
Bank Association A forum for association & Marketing
(ASBISINDO) for BTPN Syariah as a Sharia Communication
Commercial Bank in Indonesia
6 Banking A forum for consultation and Member Rp 5,000,000 Compliance
Compliance communication among the
Director Indonesian Bank Compliance
Communication Directors
Forum
Forum (FKDKP)
7 National Sharia It is a forum for realizing the Member Rp 36,000,000 Compliance
Board (DSN); aspirations of Muslims regarding
Indonesia Ulema the economy from a Sharia
Council (MUI) perspective
8 Alternative An alternative Dispute Resolution Member Rp 17,500,000 Legal/
Institution for institution that is professional, Corporate
Settlement of fair, trustworthy, and the first Secretariat
Financial Services choice for customers and banks in
Sector Disputes resolving banking disputes
(LAPS SJK)
9 Financial A means of communication for Member Rp 18,000,000 Corporate
Services Industry coordination between the (for South & Marketing
Communication Financial Services Industry and the Kalimantan, East Communication
Forum (FK-IJK) Regulator Nusa Tenggara,
South SulaWesi and
North Sumatra)
10 Indonesian An organization that represents Member Rp 35,000,000 Transaction
Payment Systems all parties involved in payment Services
Association systems and becomes Bank
(ASPI) Indonesia partner in realizing Bank
Indonesia's goals in regulating
and maintaining smooth payment
PT Bank BTPN Syariah Tbk | 2023 Annual Report
systems
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Company Website
INFORMATION
The information contained on the BTPN Syariah website is guided by the Financial Services Authority
Regulation Number 8/POJK.04/2015 dated June 25, 2015 concerning Issuer or Public Company Websites.
All information can be accessed by the public via the website www.btpnsyariah.com
Information available includes:
Information Link
Company Profile https://www.btpnsyariah.com/
General Information: Name, Address,
https://www.btpnsyariah.com/web/guest/kantor-pusat-cabang
Head Office Contact, Representative
Information on Shareholders and
https://www.btpnsyariah.com/web/guest/pemegang-saham
Bank Management
About Us https://www.btpnsyariah.com/web/guest/profil
Board of Commissioners Profiles https://www.btpnsyariah.com/web/guest/dewan-komisaris
Sharia Supervisory Board Profiles https://www.btpnsyariah.com/web/guest/dewan-pengawassyariah
Board of Directors Profiles https://www.btpnsyariah.com/web/guest/manajemen
Corporate Mission, Vision, and Values https://www.btpnsyariah.com/web/guest/misi-visi-nilai
Organizational Structure https://www.btpnsyariah.com/web/guest/manajemen
Career https://www.btpnsyariah.com/web/guest/karir
Shareholders https://www.btpnsyariah.com/web/guest/pemegang-saham
Investors Info https://www.btpnsyariah.com/web/guest/investor-news
Public Offering Prospectus https://www.btpnsyariah.com/web/guest/laporan-keterbukaan
Code of Conduct https://www.btpnsyariah.com/web/guest/tata-kelolaperusahaan
Sustainability Report https://www.btpnsyariah.com/web/guest/sustainability-report
Annual Report https://www.btpnsyariah.com/web/guest/annual-report
Financial Reports (consisting of
Quarterly Financial Reports and https://www.btpnsyariah.com/web/guest/laporan-keuangan
Annual Financial Reports)
Good Corporate Governance https://www.btpnsyariah.com/web/guest/tata-kelolaperusahaan
Board of Commissioners Charter https://www.btpnsyariah.com/web/guest/dewan-komisaris
Sharia Supervisory Board Charter https://www.btpnsyariah.com/web/guest/dewan-pengawassyariah
Board of Directors Charter https://www.btpnsyariah.com/web/guest/direksi
Audit Committee Charter https://www.btpnsyariah.com/web/guest/tata-kelolaperusahaan
Risk Monitoring Committee Charter https://www.btpnsyariah.com/web/guest/tata-kelolaperusahaan
Nomination and Remuneration
PT Bank BTPN Syariah Tbk | Annual Report
https://www.btpnsyariah.com/web/guest/tata-kelolaperusahaan
Committee Charter
Internal Audit Charter https://www.btpnsyariah.com/web/guest/tata-kelolaperusahaan
Information Disclosure https://www.btpnsyariah.com/web/guest/laporan-keterbukaan
General Meeting of Shareholders https://www.btpnsyariah.com/web/guest/rapat-umum-pemegang-saham
Supporting Institution and https://www.btpnsyariah.com/web/guest/lembaga-profesipenunjang-pasar-
Professionals modal
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company profile
To complement the information as stated on the website, BTPN Syariah also has other social media
channels including Instagram, Facebook, YouTube and Linkedin which are managed by the Corporate &
Marketing Communication Division, as follows:
Instagram: @btpnsyariah
https://www.instagram.com/btpnsyariah/
Instagram: @bankirpemberdaya.btpns
https://www.instagram.com/bankirpemberdaya.btpns/
Tiktok: @btpnsyariah
https://www.tiktok.com/btpnsyariah/
Facebook: @btpnsyariah.id
https://facebook.com/btpnsyariah.id
YouTube: BTPN Syariah
PT Bank BTPN Syariah Tbk | 2023 Annual Report
https://www.youtube.com/@BTPNSyariah
LinkedIn: BTPN Syariah
https://www.linkedin.com/company/btpnsyariah
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PT Bank BTPN Syariah Tbk | 2023 Annual Report 114
Page 117
Management Discussion
& ANALYSIS
04
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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Business and
FINANCIAL REVIEW
With over ten years of experience in supporting and faithfully
empowering pre-prosperous customers, BTPN Syariah has been
able to maintain strong business performance while also making
a positive impact on Indonesia's inclusive society.
economic review dip in goods exports, Indonesia has seen a robust
The situation of uncertainty continues to shroud increase in the value of service exports, buoyed by
the global economic conditions during the year a rise in foreign tourist arrivals.
2023, especially triggered by dynamics in several
advanced countries and endless geopolitical Overall, national economic growth remains robust,
tensions. The United States is still struggling underpinned by strong household consumption.
to overcome inflation that has soared above This resilience stems from the populace's relatively
the target. Several countries in Europe are still stable purchasing power and elevated levels of
experiencing weakness, as is the case in China. consumer confidence. The Government's measures
Prolonged geopolitical tensions also contribute to have effectively curbed inflation, as evidenced
protectionism, thus weakening global trade. While by the 2023 Consumer Price Index (CPI) inflation
manufacturing activities were expected to pick rate of 2.61% (yoy), marking a decline from the
up strongly after the global pandemic status was previous year's 5.51% (yoy). Indonesia's economic
lifted by the World Health Organization (WHO) on growth has outperformed, maintaining levels
May 5, 2023, it did not recover as expected. A total above 5%, positioning it favorably among ASEAN
of 69.6% of countries are in contraction zones, and G20 nations. This growth is mirrored in the
including the United States, Germany, France, thriving business sector, particularly in processing
the United Kingdom, Italy, Japan, South Korea, industries, wholesale and retail trade, and
Thailand, Malaysia, and Vietnam. Global economic construction. Despite global challenges, Indonesia
growth is projected to remain weak as stated remains among the 30% of countries still
by international institutions. Global economic experiencing expansion in manufacturing activities.
growth for the year 2023 was revised downward
by the IMF to only 3%, and the World Bank set the Nevertheless, the post Covid-19 economic
growth rate at only 2.1%. Inflation is also predicted recovery remains disparate across various sectors,
to reach the level of 5.8%, higher than the pre- a phenomenon often described by national
PT Bank BTPN Syariah Tbk | 2023 Annual Report
pandemic period. economists as a "K-shaped" recovery. The upper
middle economic segment has managed to propel
The persistent weakness in global economic economic growth forward, whereas the lower
growth has repercussions for exporting nations, middle economic segment continues to grapple
including Indonesia, which grapples with declining with challenges in returning to pre-pandemic
export values amidst war conditions and levels. This trend is corroborated by data from
political factors impacting the prices of its key the Central Bureau of Statistics (BPS), indicating
commodities. Throughout the year, commodities that the productivity index for Micro and Small
like coal, oil, natural gas, and palm oil (CPO) have Enterprises (UMK) still lags behind pre-pandemic
witnessed significant price corrections. Despite the levels.
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management discussion and analysis
sharia banking industry review Financial Sector (UU PPSK). These developments
Globally, the Islamic finance industry has underscore the evolving dynamics of Sharia
exhibited notable advancements in recent banking in Indonesia.
years, with average asset growth surging by
9% throughout 2015 and 2021, reaching nearly In terms of its characteristics, the Islamic banking
USD 4 trillion. This uptick in total assets has system holds considerable appeal. Its operations
been propelled by the expanding footprint of based on profit-sharing, emphasis on transactional
Islamic financial markets in Asian and African justice, ethical investments, values of solidarity
nations like Kazakhstan, Tajikistan, and Algeria. and brotherhood, and avoidance of speculative
Furthermore, the progress of Sharia finance activities present an alternative banking model
in countries such as Indonesia, Malaysia, and for the community. Year after year, public
Saudi Arabia has significantly contributed to the confidence in Sharia financial services continues
industry's global expansion. to strengthen, evident in the 7.66% year-on-year
increase in third-party funds (DPK) to Rp 625.95
From a sectoral standpoint, the banking sector trillion as of November 2023. Total financing also
continues to dominate the development of the saw a 14.66% year-on-year growth to Rp 559.32
Sharia financial industry. The Islamic Finance trillion. Nevertheless, Islamic banks are urged to
Development Report 2023 underscores that offer more competitive products and services.
Islamic banking remains the primary driver Additionally, the proliferation of digital technology
of growth, constituting approximately 72% has spurred numerous financial service providers
of the industry's total assets in 2022, closely targeting tier 3 (slow adopter district) tier 4 (rigid
followed by Sukuk. The adoption of digitalization watchers).
and the global economic recovery amid the
Covid-19 transition period have served as Throughout 2023, addressing the needs of
positive catalysts for enhancing the operational the ultra-micro segment remained a daunting
performance of Islamic banks worldwide. In terms challenge. The number of fintech companies
of macroeconomic management, leveraging catering to low-income demographics and micro,
various Sharia financial products and instruments small, and medium enterprises (MSMEs) in tier-3
facilitates closer integration between the financial and tier-4 regions continued to dwindle, as they
and real sectors. Additionally, the utilization of scaled back their involvement in these segments to
Sharia-compliant products and instruments is mitigate risks. Overall, financial service providers
anticipated to mitigate speculative transactions, in Indonesia grappled with the persistently
thereby bolstering overall financial system deteriorating quality of financing, despite the
stability. official lifting of the national pandemic status on
June 21, 2023.
Aligned with global Sharia financial trends,
national Sharia financial assets are on the rise.
As of July 2023, total national Sharia financial
business review
assets reached USD 163.17 billion, equivalent to
Several factors contributed to the sluggish
Rp 2,461.11 trillion, commanding approximately
10.89% of the national financial market share. economic recovery in the ultra-micro segment
The sharia capital market made the largest throughout 2023. One key factor was the slow
contribution, followed by sharia banking. During circulation of money in rural areas. Social
the same period, total sharia banking assets assistance and government subsidies, previously
amounted to Rp 819.10 trillion, representing targeted at this segment during 2020-2022,
PT Bank BTPN Syariah Tbk | 2023 Annual Report
around 7.30% of the total assets of the national were only disbursed towards the end of the year.
banking industry. Recognizing its pivotal role in Specifically, during November-December 2023,
fostering inclusive development, the Government
El Nino Direct Cash Assistance was distributed
remains committed to enhancing the role of
to 18.8 million beneficiary families, amounting to
sharia banking. Furthermore, the national Sharia
financial industry plays a significant part in Rp 400 thousand every two months. Additionally,
shaping the global Sharia finance landscape. private sector investment in the real sector of tier-3
To this end, the Government has launched the and tier-4 areas remained limited, as evidenced
2023-2027 Roadmap for the Development and by the ongoing rise in domestic ownership levels in
Strengthening of Indonesian Sharia Banking stock and bond markets.These conditions directly
(RP3SI), building upon the 2020-2025 RP2SI, impacted the economic resilience of the ultra-
in line with Law Number 4 of 2023 regarding micro segment, which constitutes the bank's
the Development and Strengthening of the
primary customer base.
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Throughout the pandemic, family incomes within The Bank acknowledges that economic conditions
this segment were significantly affected, as in rural areas have yet to recover fully and
highlighted by research from the University of remain challenging, despite improvements in
Indonesia's Demography Institute, indicating a macroeconomic conditions compared to the
decline in family income of Rp 200 thousand. While Covid-19 pandemic period. UBS research titled
productive pre-prosperous women customers "APAC Economic Perspectives ASEAN: K-Shaped
experienced a slight increase in income by Rp 300 Consumption Recovery, The Real (and Nominal)
thousand, many customers' husbands relied on Reasons Behind It" illustrates Indonesia's dual-
casual labor, and their daily wages were affected speed economic growth, evident in differing
by the lack of investment in the real sector during spending profiles among the public. Furthermore,
the pandemic. The impact of the pandemic was the K-shaped consumer recovery phenomenon,
most severe on the island of Java, where economic as observed in the Consumer Confidence Index,
activity restrictions were frequently imposed from highlights disparities between consumers with high
2020 to mid-2022. Consequently, the economies of and low spending capacities.
customers and their families in this region suffered
greatly.
sa, 100+-increase, 3mma
BI Consumer Confidence Index
140
135
130
125
120
115 Rp 1-2mn
110 Rp 4.1-5mn
105
Rp 2,1-3mn
100
Rp 5mn
95
Rp 3,1-4mn
90
85
80
75
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
In addition to the economic recovery slowdown, ensuring that inclusive customers do not
there are factors reshaping customer behavior face their challenges alone. What was once
regarding center meetings. Amidst the 2020-2022 communicated online during the pandemic
pandemic, the Bank prioritized the safety and can now be addressed through face-to-face
PT Bank BTPN Syariah Tbk | 2023 Annual Report
health of #bankirpemberdaya and customers, meetings at the center.
leading to the non-mandatory nature of regular
center meetings. This shift has impacted the Typically lasting around 30 minutes, center
previously solid customer support and hindered the activities facilitate customers in installment
effectiveness of mentoring. payments and savings through bank officers
equipped with the Terra application. Subsequently,
As 2023 unfolds, BTPN Syariah is reintroducing these officers provide reinforcement, assistance, and
a group financing program and reactivating business insights while sharing practical health tips.
centers as meeting hubs. The bank is These routine meetings not only aid in monitoring
incentivizing center meetings, aiming for over portfolio quality but also foster a supportive
90% attendance from the center's customers. environment where customers can strengthen each
This encouragement embodies the Bank's other. Additionally, a joint responsibility system
steadfast commitment to empowerment, operates, enabling customers facing difficulties
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management discussion and analysis
in payment to receive help while committing to Mutual Assistance (BDKS).
replenish the funds and honor their obligations. During the April 2022-April 2023 period, the
In 2023, BTPN Syariah effectively executed BERSEMI program successfully engaged over
its strategies aimed at serving the inclusive 235,000 customers with outstanding financing
community segment. The Bank's commitment to totaling Rp 3.1 trillion. Recognizing its impact,
the precautionary principle ensured the expansion the Bank extended the BERSEMI program into
of its customer base while prioritizing safety. its third phase from April 2023 to March 2024.
Concurrently, enhancements in customer service By December 31, 2023, outstanding customer
and business processes were implemented. financing for this phase amounted to Rp 3.3
Moreover, the Bank pursued innovation by trillion.
exploring new businesses and advanced products,
alongside efforts to bolster operational excellence 4. Bestee Program
and organizational capabilities. Since its inception in 2021, the Bestee Program
has garnered significant interest from
Beyond providing access to financing and thousands of students eager to contribute to
empowerment through #bankirpemberdaya, empowering inclusive communities. Through
BTPN Syariah continued its commitment to its partnerships with universities, funding
customers through various sharing programs. initiatives for customers, #bankirpemberdaya
These initiatives include the Inspirational involvement, and support from various public
Customer Umrah program, mentoring programs institutions, the Bestee Program has facilitated
for Inspirational and Successful Customers, the empowerment efforts across 24 provinces and
Bersemi (Berkah Seru Silaturahmi) program, and 827 sub-districts. As of December 31, 2023,
the Bestee program. more than 1,821 students from 257 universities
have actively participated as facilitators,
1. Umrah for Inspiring Customer program furthering the reach and impact of the
In 2023, BTPN Syariah embarked on a program.
significant journey by sending 320 inspiring
customer on Umrah, accompanied by 60 5. Digital Ecosystem
dedicated employees. The umrah commenced In its pursuit of fostering a Sharia-compliant
on February 22, 2023, and concluded on digital ecosystem, the Bank has made
March 2, 2023, marking a memorable spiritual significant strides in seamlessly integrating
experience for all participants. digitalization into the daily operations of both
bankers and customers alike. Through the
2. Tumbuh Bersama Nasabahku (TBNku) Terra application, Community Officers (COs)
Building on the success of last year's mentoring extend financial services to include customers,
initiatives for Inspirational and Successful with ongoing trials for installment payments
Customers, BTPN Syariah consolidated these Mitra Tepat by the end of December 2023, over
programs into a unified effort known as 30,000 Mitra Tepat have become integral to
the Tumbuh Bersama Nasabahku (Growing the Bank's sustainability efforts through the
Together with My Customer/TBNku) Program. Warung Tepat application.
Running from April to December 2023, this
PT Bank BTPN Syariah Tbk | 2023 Annual Report
comprehensive program aimed to extend With the evolving functionalities of the
assistance to a broader customer base, with application, Mitra Tepat serves not only as an
nearly 10,000 successful customers and representatives of the Bank for transactions
400 Inspiring customers benefiting from its like cash deposits, transfers, and savings
guidance and support. withdrawals, but also as a service hub for bill
payments, purchasing credit and data packages,
3. BERSEMI Program (Berkah Seru Silaturahmi / as well as PLN payments. These initial strides
Blessings of Fun Friendship) in digital transformation towards creating
The BERSEMI Program incentivizes timely an inclusive Sharia digital ecosystem are not
payment discipline among customers, only operationally efficient but also cater to
fostering key empowerment characteristics the diverse needs of customers and business
such as Courage, Discipline, Hard Work, and partners.
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Furthermore, the Bank actively promotes as Indonesia's sole Sharia venture capital firm.
broader community involvement in empowering Throughout 2023, BTPN Syariah Ventura has been
economically disadvantaged customers through dedicated to fostering synergies with strategic
the Bestee Tepat application. By partnering with partners to expedite the realization of the Sharia
the Ministry of Education, Culture, Research, and digital ecosystem with precision and efficiency.
Technology in the Independent Campus program These partnerships are forged with entities
and collaborating with various universities, the possessing the requisite digital acumen and a
Bank encourages students to actively support shared vision. Moreover, the synergy established
inclusive customers, such as by assisting them in must be continuous, sustainable, and yield optimal
marketing products through digital channels. benefits for both the parent company/PSP and
the strategic partner. BTPN Syariah Ventura has
As a driving force behind the realization of a Sharia invested in startup companies aimed at providing
digital ecosystem, the Bank's subsidiary, PT BTPN essential daily supplies to rural communities or
Syariah Ventura ("BTPN Syariah Ventura"), stands small towns at tier-3 and tier-4 levels.
financial review
Financial Position in millions of Rupiah
Increase/Decrease
Description 2023 2022 Rp %
Assets
Cash 497,153 729,843 (232,690) -31.9
Current Accounts and Placements with Bank
763,443 731,427 32,016 4.4
Indonesia
Accrued Income from Placements with Bank
- - - -
Indonesia
Current Accounts with Other Banks 7,119 11,337 (4,218) -37.2
Placement in other bank 238,000 230,500 7,500 3.3
Investments in Marketable Securities 8,571,244 7,615,789 955,455 12.5
Income to be Received from Investment in Securities 75,512 64,941 10,571 16.3
Securities Purchased under Resell Agreements
- - - -
(Reverse Repo)
Murabaha Receivables 11,367,662 11,463,672 (96,010) -0.8
Accrued Income from Murabahah Receivables 164,890 138,773 26,117 15.8
Loss: Allowance for Impairment Losses (1,213,542) (768,259) (445,283) 58.0
Funds of Qardh 353 3,456 (3,103) -89.8
Musharakah Financing 19,472 59,672 (40,200) -67.4
Prepayments 48,012 53,141 (5,129) -9.7
Fixed Assets - Net 376,242 378,767 (2,525) -0.7
Intangible Assets - Net 210,744 170,612 40,132 23.5
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Deferred tax assets 273,592 160,622 112,970 70.3
Other Assets 35,470 117,683 (82,213) -69.9
Total Assets 21,435,366 21,161,976 273,390 1.3
Liabilities
Customer Deposit and Temporary Syirkah Funds 12,142,817 12,048,529 94,288 0.8
Tax Payable 50,901 59,293 (8,392) -14.2
Employee Benefits Liabilities 229,290 185,693 43,597 23.5
Other Liabilities 235,225 460,466 (225,241) -48.9
Total Liabilities and Temporary Syirkah Funds 12,658,233 12,753,981 (95,748) -0.7
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management discussion and analysis
Financial Position in millions of Rupiah
Increase/Decrease
Description 2023 2022 Rp %
Equity
Authorized capital 770,370 770,370 - 0.0
Additional Paid-in Capital 846,440 846,440 - 0.0
Other Reserves 5,382 5,302 80 1.5
Retained earning 7,136,434 6,769,100 367,334 5.4
Other equity components 20,916 20,916 - 0.0
Treasury shares (5,538) (7,173) 1,635 -22.8
Non-controlling interests 3,129 3,040 89 2.9
Total Equity 8,777,133 8,407,995 369,138 4.4
Despite the slow economic recovery in the ultra- targeted financing figure of Rp 11.4 trillion for
micro segment served by BTPN Syariah, the 2023. Furthermore, the Bank’s total assets are
unwavering efforts of #BankirPemberdaya have projected to reach Rp 21.4 trillion, marking a
ensured the maintenance of the Bank’s financial modest increase of 1.3% from Rp 21.2 trillion
performance throughout 2023. Aligned with the in 2022. Additionally, Third Party Funds (DPK)
Bank's strategic focus on enhancing the quality are expected to rise to Rp 12.1 trillion, while
of financing, we have selectively provided new maintaining the Bank's total equity above Rp 8.8
financing to customers who exhibit consistent trillion. These measures ensure that BTPN Syariah
adherence to BDKS behavior (Courage, Discipline, remains categorized within the group of banks
Hard Work, Mutual Assistance), resulting in a with level 2 core capital (KBMI 2).
profit and loss
in millions of Rupiah
Description 2023 2022 Rp %
Net Margin Income 5,259,749 5,029,350 230,399 4.6
Other Operating Income 60,949 65,646 (4,697) -7.2
Total Operating Income 5,320,698 5,094,996 225,702 4.4
Provision for Allowance for Impairment Losses on
(1,898,117) (945,052) (953,065) 100.8
Earning Assets and Other Assets
Operating Expenses (2,043,512) (1,869,492) (174,020) 9.3
Operating Income 1,379,069 2,280,452 (901,383) -39.5
Profit Before Income Tax 1,379,894 2,282,394 (902,500) -39.5
Net Profit 1,080,588 1,779,580 (698,992) -39.3
cash flow
PT Bank BTPN Syariah Tbk | 2023 Annual Report
in millions of Rupiah
Description 2023 2022 Rp %
Net Cash Flow from Operating Activities 1,779,110 2,106,059 (331,092) -15.6
Net Cash Flow from Investing Activities (849,851) (852,640) 6,932 -0.3
Net Cash Flow from Funding Activities (812,535) (375,626) (436,909) 116.3
(Decrease)/Increase in Cash and Cash Equivalent 116,724 877,793 (761,069) -86.7
Cash and cash equivalents at the beginning of the year 4,143,991 3,266,198 877,793 26.9
Cash and cash equivalents at the end of the year 4,260,715 4,143,991 116,724 2.8
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As of December 31, 2023, BTPN Syariah's cash and Syariah remains vigilant in preserving ample
cash equivalents were recorded at Rp 4.26 trillion, liquidity amidst potential tightness in the domestic
an increase of 2.8% compared to the previous year's market. This approach ensures the Bank's liquidity
figure of Rp 4.14 trillion. resilience to fulfill obligations to third parties,
both in normal circumstances and during critical
cash flow from operating activities periods, aligning with the predetermined risk
The amount of net cash obtained from operating appetite.
activities decreased 15.5% to Rp 1.78 trillion
compared to the previous year of Rp 2.11 trillion. This financing quality
decrease was mainly due to a decrease in BTPN The uneven economic recovery in the ultra-
Syariah's net profit of 39%. micro segment served by BTPN Syariah remains
a significant concern. The Bank meticulously
cash flows from investing activities distributes financing to support the inclusive
The amount of net cash used for investment society's growth while safeguarding the quality
activities only decreased slightly by 0.3% from Rp of financing. Throughout 2023, the Bank served
852.64 billion in 2022 to Rp 849.89 billion in 2023. approximately 4.21 million inclusion customers
BTPN Syariah's investment was mainly supported across tier-3 and tier-4 cities, as well as rural
by investment in securities which increased by areas in 26 provinces. Notably, the non-performing
12.5% and investment in development. software financing ratio (NPF) stood at 2.94%, remaining
increased by 23.5% to improve service to well below the OJK's set limit of 5%.
customers.
In a bid to ensure the Bank's sustainability in
cash flow from funding activities fostering an inclusive society in the future, we have
The amount of net cash used for funding activities established a Reserve for Losses on Impairment
increased by 116.3% from Rp 375.63 billion in of the Value of financial assets relative to Non-
2022 to Rp 812.54 billion in 2023. This was due to Performing Financing (CKPN/NPF) ratio, which
BTPN Syariah paying back a loan of Rp 100 billion currently stands at 362.89%. Additionally, we have
obtained last year, and paying dividends of Rp successfully maintained the NPF-net ratio at 0.3%.
681.15 billion. These sustained ratios underscore our growth
strategy, which consistently prioritizes the principle
solvability to pay debt of prudence.
In 2023, Fitch Ratings Indonesia affirmed PT Bank
BTPN Syariah Tbk's National Long-Term Rating capital structure and strategy
at 'AAA(idn)' Stable Outlook. The highest rating As of December 31, 2023, BTPN Syariah's core
from Fitch on the National Rating scale reflects capital stood at Rp 8.24 trillion, marking an
the possibility of the Bank's very low risk of increase from Rp 8.02 trillion in the previous
default, relative to other issuers or debt securities year. Efforts aimed at bolstering the capital
in Indonesia. The huge support from BTPN as structure both organically and inorganically have
The Controlling Shareholder and SMBC as the enabled BTPN Syariah to maintain its position
Final Controlling Shareholder also helps maintain within the Core Capital Bank Group (KBMI) 2,
investor and capital market confidence in BTPN comprising banks with core capital ranging from
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Syariah. Rp 6 trillion to Rp 14 trillion. Furthermore, the
Bank has sustained its capital adequacy ratio
liquidity (CAR) at an exemplary level of 51.6%, significantly
BTPN Syariah has maintained an exceptional exceeding the minimum requirement of 9-10%. This
Financing to Third Party Funds Ratio of 93.78%. healthy capital adequacy ratio not only supports
Additionally, the liquidity coverage ratio and the growth strategies but also reinforces supporting
fulfillment of the Net Stable Funding Ratio stand infrastructure, including information technology
at 367.1% and 89.1%, respectively, significantly and operations, positioning BTPN Syariah for
exceeding regulatory requirements. Despite the continued success.
economic uncertainties prevalent in 2023, BTPN
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management discussion and analysis
capital
in millions of Rupiah
Description 2023 2022
Capital
Core Capital 8,235,764 8,019,187
Supplementary Capital 107,043 99,814
Total Capital 8,342,807 8,119,001
Risk-Weighted Assets
Credit, Operational and Market Risk 16,167,428 15,130,661
Capital Adequacy Risk 51.6% 53.7%
infrastructure On the income statement front, the Bank has
As of December 31, 2023, the BTPN Syariah recorded an operational income of Rp 5.3 trillion,
network includes 1 Head Office, 15 Branch Offices surpassing the predetermined target. Leveraging
(KC), 41 Functional Operational Offices (KFO), 3 this operational income, the Bank has bolstered its
Functional Non-Operational Offices (KFNO), and reserves twofold compared to the previous year,
14 ATMs. amounting to Rp 1.9 trillion, thereby achieving a
net profit of Rp 1.1 trillion, albeit slightly lower than
commitment to capital expenditures the set target. Furthermore, the Capital Adequacy
BTPN Syariah has no material ties/commitments Ratio (CAR) has been maintained at a robust level
related to capital goods investment during 2023. of 51.6%, exceeding the predetermined target and
meeting regulatory requirements.
capital expenditures
In 2023, BTPN Syariah allocated Rp 210.12 billion The substantial reserves accrued by the Bank
for investments, representing an increase from underscore our prudence in navigating the
Rp 178 billion in the previous year. These economic challenges of 2023, safeguarding
investments were directed towards acquiring fixed the Bank's sustainability and its steadfast
assets and intangible assets, primarily aimed at commitment to empowering inclusive customers in
system development and implementation, network the years ahead.
optimization, and hardware upgrades.
use of funds from public offering proceeds
target and realization In 2023 BTPN Syariah did not carry out a Public
Amidst persistently challenging economic Offering.
conditions, particularly in the ultra-micro
segment, banks prioritizing prudence have important information about corporate
become increasingly discerning in their financing actions (investment, expansion, divestment,
allocations, particularly as we entered the latter mergers & acquisitions, debt or capital
half of 2023. Consequently, the total financing restructuring, transactions with conflicts of
realized for inclusive communities in 2023 is interest)
PT Bank BTPN Syariah Tbk | 2023 Annual Report
projected to reach Rp 11.4 trillion. These efforts BTPN Syariah did not carry out corporate actions
have effectively kept the Non-Performing (investment, expansion, divestment, mergers
Financing (NPF) rate at a commendable 2.9%, and acquisitions, debt or capital restructuring,
aligning with our targeted goal and staying transactions with conflicts of interest) in 2023.
below the threshold set by the Financial Services
Authority (OJK) of 5%. regulatory changes with significant impact on
BTPN Syariah
As of December 31, 2023, there were no regulatory
changes that had a significant impact on BTPN
Syariah's financial condition.
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changes in accounting policies segment. Given these challenging conditions,
The accounting standards which are effective a continued decrease in the number of fintech
on January 1, 2023 and are relevant to these
companies is projected. Moreover, other financial
consolidated financial statements, do not have a
service providers are expected to adjust their
significant impact on changes to the Bank's and
business scales to smaller ones, withdraw from
Subsidiaries' accounting policies and the amounts
reported in the current or previous year. Details of Java, or strive for stabilization.
the accounting policy overview are outlined in note
2F of the 2023 BTPN Syariah Financial Report. In light of these challenges, the Bank identifies
two key factors conducive to business growth.
business prospects for 2024 Firstly, the Bank will persist in enhancing the
The pace of global economic recovery post- quality of financing by integrating various
Covid-19 pandemic is anticipated to remain strategies and activities at the regional level.
sluggish and uneven throughout 2024, This entails monitoring portfolio quality issues
primarily driven by the lingering effects of in each region, enhancing quality, maintaining
prolonged inflationary pressures. Additionally, field team capabilities, and adapting business
the persistent geopolitical crises will further processes to address problem areas. The Bank's
contribute to global economic uncertainty. In Quality Assurance team serves as an educational
Indonesia, the trajectory of economic growth in and monitoring partner for the MMS team, with
2024 will hinge on several key factors, including efforts to enhance financing quality tailored to
the resurgence of investments, heightened expected achievement benchmarks.
levels of public consumption, and government
expenditure. The smooth execution of the 2024 Secondly, the Bank is focusing on enhancing its
General Election, followed by the inauguration mobile banking services, particularly Itu Mobile
of the new Government, will play a pivotal and internet banking. Functional and aesthetic
role in shaping the economic trajectory for the enhancements to Itu Mobile aim to enhance
upcoming year. The government's forecast user experience (UI-UX), such as incorporating a
for economic growth ranges from 5% to 5.2% biller option to facilitate transactions with third
year-on-year (yoy). Inflation is expected to be parties, including purchasing electricity tokens,
contained, with a projected decline to 2.8%, and integrating Islamic features like zakat
aligning with Bank Indonesia's inflation target payments and Sharia financial information.
corridor of 3% ± 1%. The anticipated increase From the Bank's funding business perspective,
in interest rates corresponds with the Federal new initiatives will be launched to bolster
Reserve's planned rate hikes. Financial service the growth of individual customers, enhance
providers catering to the inclusive community retention rates, and increase the composition
segment in slow-adopter (tier-3) and rigid of Current Account Savings Account (CASA)
watcher (tier-4) cities or districts are anticipated deposits. These measures underscore the Bank's
PT Bank BTPN Syariah Tbk | 2023 Annual Report
to encounter notable challenges. The decline in commitment to continually enhance customer
the number of fintech companies, from 161 in service and ensure optimal competitiveness in
2019 to 101 in 2023, will reshape the landscape of the market.
financial service providers in the ultra-micro
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management discussion and analysis
parent company support Accountability for achieving Banking Synergy
The synergy between BTPN Syariah and its is documented in various reports in compliance
parent company, BTPN as the Main Entity, is with regulatory requirements, including
encapsulated within the Key Strategic Initiatives Consolidated Financial Statements, Bank
aimed at creating a digital ecosystem for inclusive Business Plan Realization Report, Banking
finance within the segments served by BTPN Synergy Report, Bank Annual Report, and Bank
Syariah. In this context, the presence of PT BTPN Sustainability Report. Oversight of Banking
Syariah Ventura as a subsidiary of BTPN Syariah Synergy is directly conducted by the Governance
plays a crucial role in ensuring business continuity. Committee established by BTPN as the Main
This synergy is continuously refined to uphold Entity in accordance with regulatory guidelines.
BTPN Syariah's adherence to Sharia principles in As of December 31, 2023, BTPN Syariah has
subsidiary operations, implementing robust risk established ten cooperation agreements related
management oversight, including monitoring the to banking synergies.
adoption of sound corporate governance (GCG)
principles, prudent capital participation, Synergy and innovation will continue to be pivotal
offering high-quality Sharia-compliant products for the Bank's steadfast commitment to faithfully
and services, and supervising members of the empowering its customers, addressing challenges,
Board of Directors and Bank Management serving and seizing opportunities in 2024.
in subsidiary companies.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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Business REVIEW
During challenging economic circumstances, the bank remains
faithfully empowering inclusive customers, often achieve positive and
sustainable outcomes for its funding customers. This commitment to
customer empowerment aligns with a focus on business development
that supports the aspiration to establish a sharia-compliant digital
ecosystem aimed at fostering inclusivity within society.
financing
In accordance with the vision and mission of BTPN Syariah to serve inclusive communities and transform
the lives of millions of Indonesians, the bank develops financing products and services for productive
pre-prosperous mothers. In addition to providing access to business capital, the bank also empowers
customers so that their skills in managing businesses can improve over time. These products and services
are group-based, with banking transactions and customer mentoring activities taking place in centers (at
the home of one of the customers in a particular area). This gathering habit is actually an old tradition
that is a key activity but was interrupted during the Covid-19 pandemic and needed to be reactivated.
During the pandemic, BTPN Syariah prioritized the safety and health of customers and employees, thus
no meeting activities were held at the centers. This policy also complied with government regulations.
Entering 2023, activities at the centers have resumed in full, following the government's decision to lift
the implementation of community activity restrictions (PPKM) across Indonesia on December 30, 2022.
Furthermore, in June 2023, the government issued Presidential Decree No. 17 of 2023 concerning the
Determination of the End of the Covid-19 Pandemic Status in Indonesia.
With the reopening of the centers, customers and community officers (COs) can interact directly again.
COs resume providing mentoring while also receiving installment payments. Customers can also meet
their friends in a positive and supportive atmosphere. However, this behavior change requires time and
adaptation, both from the COs and customers. Several efforts have been made to revitalize the centers,
such as through various incentives. Nevertheless, activities at the centers are key activities that allow
COs to provide reinforcement and mentoring to foster 4 effective customer behaviors, namely, daring to
try, discipline, hard work, and mutual assistance (BDKS). They will also be more enthusiastic to see their
friends at the center achieve their dreams one by one.
In addition to the time-consuming behavior adjustments, the efforts of pre-prosperous customers
also require more time to recover. This is in line with the slow economic recovery recorded in the lower-
PT Bank BTPN Syariah Tbk | 2023 Annual Report
middle economic group. Nevertheless, the bank remains committed to moving forward together with
inclusive customers to survive and rise again. The bank continues to innovate by developing technology
for the benefit of the community through the development of a digital Sharia ecosystem for inclusive
communities. This ecosystem not only provides benefits and added value to customers but also to COs
who play a frontline role for the bank in the field to continually improve efficiency and service quality to
inclusive customers.
In response to the challenging situation in 2023, the bank's strategy relies on a prudent approach, with a
focus on the growth of financing distribution in areas that recover economically more quickly. As a form of
risk management implementation, the bank also continues to strengthen provisions and be more selective
in providing restructuring and write-offs.
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management discussion and analysis
financing
5 Year Financial Package Daya
Financial solution in one package: Capacity building trainings/
• Working Capital workshops in the topics of
• Free Life Insurance health, entrepreneurial skills
• Saving (free monthly fee) and environment
Future Benefits:
• Entitlement for working
increase in each cycle
• After the third year, 5 Year Financial Daya
entitled for house Package
renovation and
education financing 4
Superior Behaviors:
Courage,
Discipline,
Hard Work,
Mutual Assistance
Community Officer
• Well-trained
Membership System Membership Community
#bankirpemberdaya who
• Group Member selected by System Officer become the role models of:
customers - Honesty
• Routine meeting - Courtesy
• Mandatory saving - Dicipline
• Shared liabilities • Facilitator of Daya
Program
2023 achievements
Despite the lifting of the Covid-19 pandemic status in Indonesia in June 2023, external conditions are still
not fully supportive for enhancing the quality of the Bank's portfolio post-pandemic, particularly in most
regions in Java. In order to improve financing quality and reduce risks, the Bank is focusing on improving
portfolio quality while selectively expanding financing services.
Internally, during the pandemic, there has been a significant impact on how teams operate in the field due
to shifting business models. One of the main challenges faced during this time was high turnover rates,
which is being addressed by revamping the business model for COs so they can better serve customers. On
the customer side, there is also a need for them to be more active and engaged. To achieve this, the Bank
remains committed to empowering customers through mentoring and training involving multiple parties.
The Bank's major investment in this area is the Bestee Tepat Empowerment Platform.
The Bestee Tepat Empowerment Platform is part of the Bank's participation in the Independent Campus
program with the Ministry of Education, Culture, Research and Technology (Kemenbud Ristek) through
tertiary institutions' Certified Independent Study and Internship Program (MSIB). Bestee has successfully
attracted hundreds of students who are involved in empowering inclusive communities. Through this
program, students have the opportunity to provide one-on-one assistance to customers, helping their
businesses grow and inspiring their families to live better lives. This also helps build a sustainable
relationship between customers and the Bank.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Despite these external and internal challenges, the Bank's performance in 2023 shows adjustments in
ultra-micro financing growth. However, the Bank recognizes the importance of stability and discipline in
business processes as a foundation for healthy growth in the future. As of December 31st, 2023, customer
discipline levels have increased, showing their trust and loyalty towards BTPN Syariah as it continues to
empower and improve the lives of millions of inclusive communities.
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digital ecosystem
Through continuous business strategy and With this approach, the Bank can provide more
planning, the Bank continues to support the inclusive, effective, and technology-based products
development of digital ecosystem stages for and services that align with the conditions of
customers and #bankirpemberdaya. This year, the inclusive customers.
Bank continues to enhance the Terra application to
become an integrated application that facilitates 2024 plans
COs in serving inclusive customers, while also The Bank's main focus remains on serving the
improving control and productivity. The Bank also economically disadvantaged sector, enhancing
develops Mitra Tepat to actively engage customers operational processes, and enhancing the quality
in conducting banking transactions digitally. of its portfolio and services to meet the demands
of an inclusive sharia digital ecosystem. The DAYA
program, aimed at empowering customers, will
Features in the Mitra Tepat application are
continue to be a priority for the Bank, along with
continuously improved, enabling it to provide
the Bestee program that strives for sustainable
savings services, installment payments, bill growth and added value in business development
payments (PPOB), and digital purchases. tailored to customer needs.
In line with the development of the digital
ecosystem, the Bank is also preparing digital- While targeting financing growth in the inclusion
based products and services that can be tailored segment, the Bank is also committed to creating
to customer needs. However, the Bank realizes products and services that cater to this market.
that not all Mitra Tepat have equal digital literacy. Our business team will work diligently to achieve
our 2024 targets by increasing disbursement
In response to this, the Bank is more selective in
quality, expanding into new regions, acquiring new
choosing Mitra Tepat. The Bank also reviews and
customers, and enhancing overall service quality.
adjusts Mitra Tepat who are truly ready to conduct
transactions digitally.
funding
BTPN Syariah's investment options not only offer attractive returns, but also guarantee that customer
funds will be directed towards those in need of support to achieve their dreams of a better life. By utilizing
different funding products from the bank, communities can work together to empower individuals and
promote prosperity for all.
service
daya
excellent
a more
meaningful
life
sustainable
PT Bank BTPN Syariah Tbk | 2023 Annual Report
optimum
superior
returns
performance
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management discussion and analysis
BTPN Syariah always prioritizes providing funding branch design concept in Bandung, Pondok Indah
services and products with competitive profit Jakarta, and Yogyakarta. In these new branch
sharing while focusing on customer comfort, offices, funding customers can see the works of
security, and satisfaction. Our selection of financing customers, making it easier for them
savings and deposit products adheres to Sharia to understand BTPN Syariah's efforts to use
principles, including Accu Savings, Tepat Platinum pooled funds as a tool for empowering inclusive
Savings, Tepat Deposits, Tepat Savings Plans, communities.
Tepat Current Accounts, and Hajj Pilgrim Savings
Accounts. For our ultra-micro segment, we offer The uniform of #bankirpemberdaya serving
savings packages with financing options for TUR funding customers has also been updated to
customers, as well as Basic Saving Account (BSA) strengthen the bank's image of wholeheartedly
and Regular Saving Account (RSA) products empowering inclusive communities. The bank also
through our Mitra Tepat service. added ATMs to five branch offices in Padang,
Banjarmasin, Yogyakarta, Aceh, and Lampung. The
For convenient transactions anytime and bank also continues to deepen customer research
anywhere, we also offer mobile banking and to understand their personalities and aspirations
internet banking services. Additionally, automated so that the bank can provide products and services
teller machines (ATMs) have been installed at with the right benefits.
branch locations to increase accessibility for
funding. By utilizing these products and services, In 2023, the bank introduced a new product
BTPN Syariah customers can contribute to a called "on-call deposits" to optimize the potential
loyal business model that supports millions of for short-term fund placements. As the name
productive inclusion customers in Indonesia. suggests, on-call deposits are deposit savings
that can be withdrawn at any time as agreed
2023 achievements between the customer and the bank. Since its
Business still needed time to pick up speed launch in October, this new product has attracted
considering the slow economic recovery in the considerable interest from customers, as evidenced
ultra-micro segment, which comprises the bank's by the achievement of on-call deposit volumes
customers. The use of funds must also be adjusted exceeding Rp 600 billion at the end of 2023.
according to the Financing to Deposit Ratio
(FDR) and Cost of Fund (COF) references, which The Bank also developed the MB-EKYC feature,
are aimed at optimizing profit-sharing costs allowing customers to undergo electronic
and maximizing company profits in challenging verification processes through facial scanning. This
situations. Additionally, the plethora of investment innovation is expected to support funding business
options outside of banking that offered higher performance through mass acquisition and self-
returns poses a considerable challenge in account opening.
convincing customers to channel funds through the
Bank's products. The competent performance of
#bankirpemberdaya in executing all of these
Several initiatives were undertaken by the bank initiatives, combined with the bank's good
in 2023 to obtain savings and deposit funds that reputation, has yielded pleasing results. The
could support the Sharia financing program with number of funding customers increased by 22%
an FDR in the range of 96%. The bank endeavors compared to the previous year, reaching more
to build a stable funding portfolio with relevant than 27,000 customers. The bank also successfully
COF by optimizing the Tepat Mobile mobile met funding needs with an FDR ratio of 94-95%
banking platform and ensuring that potential and increased the CASA composition to 25%.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
customers understand the unique value of BTPN Considering the bank's primary focus on serving
Syariah's funding, which is distributed to empower the productive pre-prosperous segment, the bank
inclusive communities and "doing good." is currently not targeting itself as a transactional
For funding customers, the bank strives to bank. Moving forward, the bank will maintain the
enhance transaction convenience at branch CASA ratio in the range of 21%-26% and continue
offices, including relocating branches with a new to strive to increase this target.
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2024 plans free monthly administration fee (terms and
The bank plans to implement various innovations conditions applies) for optimum return.
in order to attract more customers and increase 4. tepat term savings
the proportion of current account savings account A saving plan product to realize future
(CASA) towards term deposits (TD). Mobile dreams, offering various options of monthly
banking (Tepat Mobile) and internet banking will installment and time period (wadiah yad
both be upgraded in terms of functionality and dhamanah contract)
appearance. This includes adding more billers 5. hajj pilgrims' savings account
and introducing Islamic features such as zakat Saving product for customers who plan to do
payments and sharia information. Additionally, Hajj Pilgrimage in the Holy Land. Using Wadiah
the bank is promoting Tepat Mobile as a means Yad Dhamanah contract, this secured and
for savings to empower inclusive communities. guaranteed product is equipped with an online
To further incentivize customers, the bank will connection with SISKOHAT in the Ministry of
introduce a variety of prizes through a new savings Religious Affairs of the Republic of Indonesia.
program based on mudharabah contracts. 6. tepat deposit
Time deposit based on profit sharing
In order to expand its services, the bank will apply agreement (mudharabah mutiaqah contract)
for a permit as an LKS-PWU (Sharia Financial between BTPN Syariah (mudharib) with
Institution-Cash Waqf Recipient), develop a customers as fund owners (shahibul maal) with
CWLD (Cash Waqf Linked Deposit) product, various maturities from 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11,
and conduct limited implementation runs with 12, and 24 months, in Rupiah Curency, and for on
this product. The bank also plans to reach out call deposito with maturity from 1-28 days.
to formal and informal Islamic communities to 7. tepat giro
explore opportunities for selling payroll and virtual Fund placement product using wadiah yad
accounts with limited offers aimed at corporate dhamanah contract, providing flexibility for
customers. Furthermore, the bank is considering customers to conduct transactions using
becoming a seller of sukuk and bond products Cheque or Transfer Form.
through conducting studies and evaluations.
business development
BTPN Syariah funding products The commitment to faithfully empowering
1. tepat syariah savings customers forms the foundation for BTPN
A saving product with wadiah yad dhamanah Syariah's business development, as it strives to
contract for Tepat Sharia Financing customers realize a Sharia-compliant digital ecosystem.
or non-financing customers. This product
was created to support financial inclusivity, 2023 achievements
whereby customers can have the flexibility to The Business Development department plays a
conduct transactions to pay their bills, buy crucial role in the Bank's effort to improve the
credit for their phones, transfer funds, as well quality of financing. One of their main focuses
as make cash deposits and withdrawals with is on digitalization, which aims to enhance
BTPN Syariah Mitra Tepat. Currently, this customer service and streamline business
service is equipped with a service feature to processes. The team is dedicated to developing
help customers to pay for their daily needs, and a digital ecosystem that benefits both internal
it is expected that this will help make their lives operations and customers, with a focus on
easier and improve the welfare of their families flexibility, efficiency, and utilizing the latest
and communities. appropriate technology. All products are designed
2. tepat savings with the needs of potential customers and
PT Bank BTPN Syariah Tbk | 2023 Annual Report
It can be opened without a minimum initial #bankirpemberdaya in mind.
deposit based on wadiah yad dhamanah
contract. Customers can easily do banking Despite facing challenges in 2023, the Business
transactions in all Branches of the Bank with a Development team remains committed to
free monthly administration fee. utilizing the latest technology for convenience
3. tepat tabungan platinum and continuously launching innovations.
Saving accounts for individual customers Communication with stakeholders, including
(Tepat Platinum Savings) and corporate regulators, is also being improved to ensure
customers (Tepat Business Platinum Savings), compliance with regulations in the development of
which are managed based on a profit-sharing- digitalization. These efforts are all geared towards
agreement (mudharabah mutlaqah contract) supporting the sharia digital ecosystem.
with unlimited cash withdrawal facility and
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management discussion and analysis
digital ecosystem 2024 plans
The Bank's development of the digital ecosystem Facing challenges in the coming year, the Bank
unfolds in several stages, beginning with the will continue to strengthen business processes by
enhancement of an internal operational support improving services to customers to support the
platform and progressing to the development of Bank's strategy to focus on business stability,
customer-facing platforms. The first stage focuses implementing prudential principles and business
on strengthening the Terra application used by strategies in accordance with the Bank's 4 pillar
Community Officers (CO) in their daily interactions initiatives.
with inclusion customers. Enhancements to the
Terra application encompass improvements in the In line with the 1st pillar strategy, the Bank
acquisition process, central activities, and cash will strengthen existing business processes
management processes. by improving portfolio quality and improving
customer service. To support better financing in
In the second stage, the Bank introduces the 2024, the Bank will continue to improve the Terra
Warung Tepat application utilized by Mitra Tepat application in terms of increasing control and
as an extension of the Bank's services at customer productivity. Meanwhile, to support the funding
locations. This application facilitates Laku Pandai strategy, the Bank will continue to improve its
activity support, streamlining customer service mobile banking, Tepat Mobile Banking, to improve
processes. The Warung Tepat application is also service quality. Among other things, by adding the
equipped with various biller payment features, QRIS feature as a digital payment instrument,
such as purchasing credit and electricity, providing improving the experience of using the application
an additional source of income for Mitra Tepat. to make it more intuitive for customers, and
completing the biller payment list to accommodate
The third stage involves collaborating with third all types of customer transactions.
parties to support ecosystem development. This
collaboration aims to provide solutions for Mitra The Bank will also explore new business
Tepat to purchase necessary goods for shop opportunities and advanced products in line with
supplies, enhancing convenience and efficiency in the 2nd pillar strategy. The SiTepat application
merchandise procurement. will be developed so that it not only functions as a
financing channel but also provides various service
In the fourth stage, the Bank develops an options to individual financing customers in the
application to facilitate individual customers' form of transaction features such as PPOB and
access to the Tepat Individual Community Sharia transfers. The application will also be equipped
Financing product, offering greater flexibility and with features resulting from collaboration with
ease of customer financing in line with Sharia third parties, such as sharia paylater features and
principles. The SiTepat application enables faster cash deposits and withdrawals at outlets. Apart
service and convenient access to financing for from providing convenience for customers, these
customers. In 2023, this application received improvements also increase customer engagement
regulatory approval, paving the way for further with the Bank.
expansion of its use in 2024.
As we continue our exploration into business
Additionally, for funding customers, continuous development, we remain focused on the obstacles
technological advancements are being made and tactics that the Bank will encounter in the
to enhance customer experience and support upcoming year. All advancements made will align
business strategies in serving customers. Mobile with our strategies to enhance financing quality,
banking services are continually evolving, with delve into new ventures, and maximize CASA
PT Bank BTPN Syariah Tbk | 2023 Annual Report
the introduction of features such as e-KYC to growth for funding purposes.
streamline customer acquisition independently.
These developments are expected to increase the
usage of financial products and services among
customers, fostering a more seamless and efficient
banking experience.
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social impact
The Bank uses a gauge to assess the well-being of customers in the inclusion sector, ensuring positive and
sustainable social impacts.
The Poverty Probability Index (PPI) is an internationally recognized tool used by organizations and
businesses with a commitment to serving pre-prosperous communities. This reliable measurement was
developed by Innovation for Poverty Action (IPA) and tailored to fit each country's specific context. In
Indonesia, PPI draws data from the National Socio-Economic Survey / SUSENAS (www.povertyindex.
org/country/Indonesia) and is deemed suitable by the Bank for measuring welfare levels of moderate
and productive pre-prosperous customers. The credibility of PPI lies in its use of recent Susenas data
and involvement of reputable institutions in creating welfare scorecards, particularly for microfinance
institutions. Ultimately, these measurements provide more accurate insights into the conditions faced by
individuals and aid the Bank in making informed decisions.
By 2023, the Bank has implemented more precise methods for measuring customer welfare, including
the adoption of basic digital access for customers. As part of this innovation, the Bank has updated its
database and added new indicators to gain deeper insights into customer well-being. The process of
measuring welfare begins with the customer acquisition stage, where a survey is conducted to gather
information on the condition of the customer's household, consumer habits, ownership, and decision-
makers within the household.
Based on the results of the PPI survey of customers who have joined in the last five years, it is noted that
the number of families with adequate housing has increased to 94.6%, adequate toilets to 85.3%, and the
number of families with children attending school continues to increase to 92.5%.
Aside from using a scorecard to measure welfare, BTPN Syariah also collaborates with the Demographic
Institute at the University of Indonesia to assess the social impact of their financing services. The Bank
continuously strives to improve and update their welfare measurements, whether it be through changes in
methodology, database updates, or variables used as indicators of welfare.
2024 plans
Next year, the Bank's main objective will be to track changes in customer well-being using the most up-
to-date measurement tools available. This will involve conducting surveys during the customer acquisition
process, but with newer databases and additional welfare indicators that better reflect current societal
conditions. The Bank will also enhance and update the scorecard used for more precise and reliable insights
into the well-being of BTPNS customers and potential customers.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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management discussion and analysis
I never imagined I could fulfill my dream of going to Makkah,
thanks to BTPN Syariah. The Bank's exceptional loyalty has
been evident to me since I became a customer for the first time.
Applying for financing to kickstart my business felt seamless.
The Community Officers always serve with a warm smile
and wholehearted attitude, even offering to be partners in
brainstorming business solutions. The team at BTPN Syariah
has also enabled me to embody the exemplary behavior taught,
particularly the BDKS practice (Courage, Discipline, Hard Work,
Mutual Assistance).
Ms Sawiyah
Financing Customer
By saving funds in BTPN Syariah, I actively contribute to
empowering inclusive women in remote areas of Indonesia.
I'm confident that the funds I deposit are fully channeled to
empower members of the inclusive community. Moreover, as a
funding customer, I appreciate the increasing ease of making
transactions through the mobile banking and internet banking
applications. These platforms continually improve their
features to ensure that transactions are secure, convenient,
and effortless, available at any time.
FL Harto Subono PR
Funding Customer
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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Operational
REVIEW
The spirit of the Bank is rooted in faithfully empowering its customers,
as demonstrated by the dedication of its #bankirpemberdaya who are
committed to serving inclusive communities. With a focus on operational
efficiency, advancements in information technology, and effective risk
management, the Bank consistently maintains its performance.
human capital improved with the aid of technology.
Employee turnover is a persistent challenge for
every company, and BTPN Syariah is no exception. Refining the quality of the CO team begins with
Within the BTPN Syariah community officer (CO) the recruitment process through the BIJAK
team, who work directly in the field, turnover (Bimbing Jaga Keluarga) onboarding program,
stands out as a primary concern. Unlike the where newly joined COs at Wisma receive
conventional image of bank employees confined guidance from their supervisors (Business
to desks, COs are tasked with serving inclusion Managers) or senior COs during their first 21
customers in tier-3 and tier-4 cities as well as days of work. During these initial 21 days, a
rural areas, facing high mobility compounded by series of mentoring programs are organized,
weather challenges and limited infrastructure. ranging from observing work methods, trying
The lifting of the national pandemic status by the tasks with guidance, to eventually carrying them
Government on June 21, 2023, resulted in increased out independently. This program aims to foster
job options, contributing to a notable turnover a family-like atmosphere at Wisma, where new
among COs, who are pivotal in serving productive members are warmly welcomed and properly
pre-prosperous customers. guided in their new environment. Additionally, the
bank conducts the Nostalgia Tepat training, which
In response to this challenge, the Bank has serves as a refresher on BTPN Syariah's processes
initiated several measures to bolster CO and business models, showcasing its continuous
effectiveness and maintain their commitment success in assisting productive pre-prosperous
to faithfully empowering inclusive communities. customers in realizing their dreams one by one.
The Human Capital (HC) team is dedicated to
swiftly addressing CO needs, enhancing employee Furthermore, the Bank prioritizes managing the
engagement, and nurturing high-performing Generation Z (Gen-Z) cohort, comprising the
and high-potential talent. Aligned with the majority of COs. Recognizing Gen-Z's desire for
Board of Directors' directives, the HC team empowerment and recognition, the Bank offers
PT Bank BTPN Syariah Tbk | 2023 Annual Report
promptly enhanced the resourcing process to facilities and sponsorship support for Gen-Z to
boost productivity through various strategies. pursue activities aligned with their interests and
Firstly, relocating the CO Resourcing function to aspirations. Beyond empowering COs' potential,
the Operations Directorate strengthens synergy this approach fosters a stronger sense of
with Corporate Services and Operations teams attachment to the work environment.
across all provinces where the Bank operates.
Secondly, the Bank provides intensive support for
the Resourcing team. Thirdly, internal resourcing
processes, from sourcing to selection, have been
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management discussion and analysis
digital ecosystem These activities aim to bolster the agile mindset
In line with BTPN Syariah's efforts to realize and practices at BTPN Syariah. Some study groups
the aspiration of a Shariah digital ecosystem focus on technical skills material, such as for
for inclusive communities, the bank requires Developers and Product Owners. Regular sharing
#bankirpemberdaya who possess digital sessions with presenters from both internal
competencies as well as a social conscience at and external sources are held to stay abreast of
every level, whether they are field workers (CO) developments in technology and agile practices.
or office employees. The competencies of COs To ensure the team remains well-informed and
are enhanced through the Tumbuh Tepat Penuh aligned with BTPN Syariah's digital development
Manfaat career path, which provides gradual and direction, town halls and dialogues with
structured training and capacity development. management are regularly conducted. Additionally,
Meanwhile, for office employees, the bank recruits regular Agile Health Checks, comprising surveys of
and develops their digital skills to strengthen BTPN employees to gather feedback and suggestions for
Syariah's capabilities in building and creating future improvements, are undertaken.
technology to fulfill good intentions. The HC team
also strives to build processes and work culture achievements 2023
that support the creation of an agile mindset and The Bank's endeavors to enhance the caliber of
new way of working. #empoweredbankers are complemented by a
variety of innovative strategies tailored for the
Addressing the demands of the digital ecosystem, Z-generation, who constitute a significant portion
the HC team has implemented several programs of the workforce at BTPN Syariah. In addressing
throughout 2023. To cater to the needs of human resources challenges, the Bank has
programmers, the Bank continues the SHIFTED successfully implemented several programs.
(Sharia Full-Stack Engineer Development)
program, aimed at enhancing and refining To mitigate the turnover rate among COs, the
programmers' skills in a Sharia-compliant Bank has amplified the efficacy of the BIJAK
environment. In 2023, the Bank conducted in-class Onboarding program (Family Care Guidance)
and on-the-job training for 10 junior programmers to streamline the process of introducing and
belonging to batch 4. integrating new employees. Additionally, a
Stay Rate Incentive will be introduced for
Furthermore, the Bank initiated a Management employees at Wisma to incentivize their
Trainee program called SHINE (Sharia Digital retention and contribution to the company.
Ecosystem Apprentice) to nurture and cultivate In pursuit of expedited CO fulfillment, we are
future leaders early on, equipped with a robust enhancing Resourcing productivity and elevating
understanding, capability, and purpose to develop candidate quality through the referral program
the ultra-micro segment within BTPN Syariah's KAGUM (Kenal Ajak Gabung Uang Melimpah).
unique business model. As of December 31, 2023, Furthermore, the role of line managers is being
SHINE has recruited six talented individuals from reinforced through a series of leadership exercises
premier universities, following a rigorous selection aimed at enhancing their ability to manage team
PT Bank BTPN Syariah Tbk | 2023 Annual Report
process. Currently, they are undergoing an On- members effectively.
the-Job Training (OJT) program with rotational
assignments across the Financing, Funding, and Simultaneously, to retain and cultivate the
Operations Directorate. company's top talent, we have instituted a
Leadership capability development program
Another initiative, the People Talent Squad, known as LEAP (Leaders with Purpose), scheduled
has intensified through sharing and dialogue to be conducted in two batches by the end of
sessions within circles or study groups known as 2023.
Communities of Practices (CoP).
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Among our many leadership programs are those designed for first line managers, department heads,
senior leaders, distribution heads, and growth mindset training. These programs have proven to be
effective in enhancing the management and development skills of our leaders.
We also launched the Bunda Pintar program, which specifically caters to the needs of female employees in
their prime years. This program has strengthened the position of women within the company and provided
them with necessary support.
Employee engagement is a top priority for us and we have various programs in place to achieve this.
Our Bank has created an Employee Engagement Playbook, allowing each division to design their own
engagement initiatives. We provide training across all departments and promote open communication
channels between superiors and subordinates, both online and offline.
As of December 31, 2023, these efforts have yielded positive results. While turnover rates remain a
challenge, our BIJAK Onboarding program has successfully increased the retention rate of COs at Wisma,
making it easier to assist and develop their capacities. Moreover, our talent management program has
been successful in identifying and nurturing top talent within the company. Our focus on developing
leadership skills, increasing employee engagement, implementing management trainee programs, and
digitizing HR services has started to show promising results.
2024 plans
In 2024, BTPN Syariah will continue the ongoing development and strengthening processes while launching
several new initiatives to address current challenges and issues. These programs will undergo further
refinement to enhance their effectiveness over the next year, aiming for a more significant impact on the
Bank and its operations.
The focus will also be on managing Generation Z (Gen-Z) employees, who constitute the majority of the
existing workforce. The Generation Z development strategy will be implemented through several key
initiatives:
1. BM Excellaration Program
This program for grooming the next generation of Business Managers will feature an accelerated
design, inclusive recruitment programs, and development academies.
2. Sharia My Way
Aimed at enhancing employees' understanding and practice of Sharia principles.
3. Kakak Curhat
A capability development program targeting Senior COs and BMs to equip them with counseling skills
for managing COs' mental health in the field.
4. CO Fest
This program will provide a platform for recognition and empowerment for CO Gen-Z employees based
on their interests and aspirations, thereby fostering greater engagement among #bankirpemberdaya
in the field.
5. Movement to Manage a Generation
A training program developed and implemented to help employees recognize and effectively handle
generational differences, promoting positive interactions between different age groups. This focuses
PT Bank BTPN Syariah Tbk | 2023 Annual Report
on developing specific skills necessary for managing and collaborating with individuals from varying
generations.
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management discussion and analysis
Based on Status Based on Gender
Permanent 25.24% Male 4.70%
3,612 people 673 people
Non-permanent 74.76% Female 95.30%
10,698 people 13,637 people
Based on Education Level Based on Age
Post graduate 0.59% <25 years old 49.39%
85 people 7,068 people
Undergraduate degree 25-29 years old 31.13%
41.22% 4,455 people
5,899 people
30-34 years old 11.94%
Diploma 7.39% 1,708 people
1,057 people
35-39 years old 4.56%
High School Equivalent 652 people
50.80%
7,269 people 40-44 years old 1.57%
224 people
45-49 years old 0.79%
113 people
50-54 years old 0.48%
69 people
55-59 years old 0.10%
15 people
> 59 years old 0.04%
6 people
operational
In alignment with the steadfast commitment customers, the Bank strives to provide convenience
to faithfully empowering, the Bank persistently and flexibility in services.
strengthens its capacity and updates operations
to enhance the effectiveness and efficiency of To address these challenges, the Bank embarked
every work process. This endeavor aims to bolster on various initiatives aligned with BTPN Syariah's
the Bank's competitiveness, thereby supporting Key Strategic Initiatives (KSI). The primary focus
the success of its funding, financing, and agency of the Bank's operational functions in 2023 was
businesses. on continuously improving operational services
PT Bank BTPN Syariah Tbk | 2023 Annual Report
and processes in terms of quality and control.
Overall, the Bank's operational challenges in 2023 Leveraging technology and implementing
revolved around enhancing operational efficiency, automation through application systems or
considering that economic conditions had not fully Robotic Process Automation (RPA) mechanisms
recovered to pre-pandemic levels. Concurrently, across operational activities is expected to
the Bank endeavors to elevate service quality for enhance efficiency. Moreover, operational and
financing customers, including reinforcing control control mechanisms are continually refined and
over customer transactions and reporting at the developed for MMS transactions, as well as
Head Office. Especially for ultra-micro segment transactions at KFO and branch offices.
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The operational team remains adaptable, 2024 strategies
adjusting processes and systems to support Facing an economic landscape still fraught with
the gradual digitization of banking services in uncertainty in 2024, the Bank is poised to enhance
Mobile Banking and Internet Banking products/ operational processes' efficiency in terms of both
services. For ultra-micro segment customers, the quality and control. Operational efficiency will
Bank seeks to strengthen and enhance service- be pursued through two main strategies. Firstly,
supporting infrastructure through strategic the Bank will persist in developing application-
partnerships. Validation, quality assurance, and based technology and implementing automation,
control processes in managing Bank customer including RPA mechanisms, across all business
data have been enhanced, including validating activities. Secondly, the Bank will optimize resource
new customer data based on Population and Civil utilization through synergy with the Parent Bank
Registry Service (Dukcapil) data. Additionally, the or other internal initiatives.
Bank endeavors to improve system efficiency and
management mechanisms for addressing internal Aligned with this overarching strategy, the Bank
and external customer needs and complaints. has devised a series of initiatives and programs
slated for implementation in 2024, outlined as
In terms of control, the Bank refines risk-based follows:
audit methods to enhance the quality of internal 1. Continuously improving and strengthening
control. The inspection mechanism is continually processes and operational automation
improved and made more effective, incorporating of services for productive pre-prosperous
technology and data analysis to identify customers, operational activities at KFO/KC,
anomalies. and Head Office. This entails reducing manual
processes and transitioning from physical/
2023 achievements paper documentation to electronic media for
Throughout 2023, the Bank made significant transaction and operational activity media.
strides in enhancing operational efficiency and 2. Automating processes in internal Bank/
customer service. The successful implementation corporate services activities, encompassing
of Robotic Process Automation (RPA) in asset management, procurement of goods and
operational and reporting services at the head services, and resourcing.
office resulted in accelerated processes and 3. Continuing efforts to enhance the validation
ensured accuracy. process, focusing on improving quality and
control in managing customer data.
Notably, mobile banking and internet banking 4. Synergizing the utilization of the office network
services underwent substantial improvements, with the Parent Bank to optimize operational
including the development of the e-KYC/validation efficiency, especially at KFOs, alongside
automation feature for new customers. This enhancing the effectiveness of automation
feature enables customers to independently open across all Bank operational activities.
an account using a device, eliminating the need 5. Strengthening infrastructure and improving
to visit a bank office. It is anticipated that the operational mechanisms for transaction
introduction of such features, compliant with service activities for customers in the ultra-
security standards and regulatory requirements, micro segment in rural areas. This ensures
will stimulate an increase in the number of funding the continuity of operational processes and
customers. addresses system issues if they arise.
Additionally, for ultra-micro segment customers,
the Bank diligently enhanced the service
PT Bank BTPN Syariah Tbk | 2023 Annual Report
support application system through Mitra Tepat.
Evaluations and studies were conducted to ensure
the effectiveness of its implementation for ultra-
micro customers, making the Bank's services truly
flexible and easily accessible to them. Furthermore,
tailored assistance was provided to enhance
customers' digital literacy according to their
specific needs.
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management discussion and analysis
A robust industrial relations framework, fostering a
harmonious work environment, and consistently enhancing
capacity, #bankirpemberdaya emerge as adept problem
solvers in every demanding scenario. This dependable human
resources prowess will fortify the Bank's commitment to
empowering the ultra-micro segment. Throughout 2023, the
HC team endeavors to orchestrate self-development programs
aimed at bolstering the capacity of #bankirpemberdaya to
effectively serve inclusive communities amidst challenging
conditions.
Isma Nurlaela
Learning Support Officer
information technology
As a bank that values human interaction, and reduce operational costs through integrated
technological advancements play a crucial role infrastructure and connected transactions.
in faithfully empowering an inclusive society at a
larger and faster scale. This is why we continuously On the data front, we have modernized data
enhance and update our digital systems and processing, analysis, governance capabilities, and
infrastructure to provide effective and efficient increased IT governance capabilities in the digital
services to all our customers. realm. Our IT team's security capabilities are also
being enhanced through collaboration with our
During the pandemic, our digital-based products Corporate Information Security unit.
and services have proven to be the backbone of
our business continuity and have helped support In executing these priorities, the bank implements
our customers' businesses during difficult several development strategies that align with
times. A reliable and capable digital technology the Bank's Strategy and IT Strategic Plan 2022-
infrastructure has also reduced operational costs, 2026 gradually. These strategies encompass work
enabling us to serve pre-prosperous customers and methods, capacity and capability enhancement
remain committed to empowering them. However, of business services, optimization of IT resources,
the significant increase in technology usage post- cybersecurity, and strengthening of human
pandemic also poses its own challenges for banks resources aspects.
serving the ultra-micro segment. We must keep up
with the steps and pace of the inclusive community From the aspect of work methods, the Bank has
in implementing technology and digitalization to built an agile and collaborative organization and
truly impact work methods through a streamlined and results-
their lives. oriented organizational approach. Meanwhile,
to refine IT capacity and capability, the Bank is
In 2023, our IT team prioritized infrastructure, building business and data platforms to support
service, and security aspects. To guide future business growth and innovation in digital channels
PT Bank BTPN Syariah Tbk | 2023 Annual Report
development, we have created an efficient, and digital platforms; core banking and robotic
transparent, organized, and well-managed digital process automation platforms; as well as big data
infrastructure roadmap. and deep analytics platforms.
We have strengthened our Core Banking Our IT resources are being optimized through the
technology and architecture (Prospera Revamp implementation of strong technology platforms
and Strengthen T24) and continue to develop our for infrastructure, IT operational automation, and
Digital Front End including Terra, Warung Tepat, development automation. We are also enhancing
SiTepat, Daya, Mobile Banking, and Internet our Governance Risk & Compliance capabilities in a
Banking. Our payment system has also been digital manner.
modernized to improve customer convenience
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The security of customer data is guaranteed Through the utilization of infrastructure
through our ability to protect, detect, and respond exploration and public cloud technology with
to cyber threats at all levels of our information data centers in Indonesia, we aim to improve our
technology infrastructure. We continuously update innovative IT operational efficiency while meeting
our technology and strengthen our data analysis security standards. By remaining committed
capabilities to safely store and process important to technological innovation, BTPN Syariah
information throughout all areas of our bank's guarantees an excellent banking services that
activities. This enables us to serve customers safely cater to the changing needs of customers in an
and efficiently through sharia banking products ever-evolving era.
that are appropriate, fast, easy, and affordable.
To further empower #bankirpemberdaya in IT governance
serving customers, we provide them with training The IT Strategic Plan encompasses two key
opportunities to build their skills and capabilities. components of IT Governance policies and
strategies. The first is focused on developing
digital ecosystem risk and security management capabilities,
Following the strategic direction of the Bank, with the goal of ensuring system resilience in a
our focus in IT system development is to provide highly interconnected environment. This includes
innovative and technological solutions for all areas embedding a risk and security mindset throughout
of our company's operations. Our main priority all processes and operations.
is measurable IT risk management, with special
attention placed on enhancing services through The second component pertains to digital
our Digital Front End Platform, including Terra, governance, positioning Governance, Risk, and
Warung Tepat, SiTepat, Daya, Mobile/Internet Compliance (GRC) as an essential part of the
Banking, and other digital applications. life cycle process to ensure alignment with both
business and IT strategies. This encompasses
Moreover, at BTPN Syariah we prioritize managing all IT services, promoting stability and
strengthening our Core Banking System to continuity as enablers for business growth.
support our business strategy and growth, as
well as exploring new business opportunities Throughout 2023, the Bank has taken
and advanced products. We are continuously significant steps towards enhancing its ability
improving integration features and services to to secure assets and information through the
align with our vision of developing new financing implementation of sound governance and
products and generating fee-based income. With management practices for IT security devices.
each development, we also ensure Operational This includes strengthening IT infrastructure
Excellence by strengthening our operational back- security, prioritizing data protection for customers,
end infrastructure and increasing automation in and exploring the use of Security As A Service
various areas. Data management modernization platforms by implementing ISO 27001 as a
and technology architecture reinforcement are standard for information security management.
also ongoing processes, reflecting our commitment Additionally, efforts have been made to increase
to technological advancement. efficiency within the IT security team by
integrating it with the Corporate Information
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Our IT system development efforts also Security (CIS) unit at the bank.
include strengthening our IT infrastructure and
governance, such as our Data Center and Disaster Furthermore, the Bank continues to strengthen
Recovery infrastructure. We are constantly working its integrated IT risk management infrastructure
on enhancing cyber security capabilities and and framework to enhance GRC's competency
building a stronger integrated IT risk management and capacity in this area. This involves improving IT
infrastructure and framework. Additionally, we governance tools in line with the Bank's strategy
aim to increase the speed and agility of our IT and risk appetite, while ensuring compliance with
organization to provide customer-centric services. all relevant regulations. Ultimately, these efforts
are crucial for building a strong foundation to
guarantee security, resilience, and adherence to
established standards.
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management discussion and analysis
cyber security competitive as they are in high demand by other
The Bank places a high priority on cyber security companies.
and has implemented policies to protect personal
data and comply with international standards, such The IT team also faces challenges in managing
as ISO 27001. All banking products are evaluated increasing technology costs. The changing cost
to ensure they meet these standards and comply model of some technologies from a one-time
with regulations. This evaluation process is carried purchase to automatic subscription systems
out at multiple layers, including internal processes increases operational costs. In response to market
and the capabilities of individuals involved. The Bank trends and demands, the IT team must continuously
also implements a layered IT security infrastructure improve work methods and process efficiency to
tailored to specific needs. provide the necessary services to the Bank and its
customers safely and efficiently. Additionally, IT
From a technological standpoint, regular testing technology, processes, and methods must always
and assessments are conducted by independent consider the use of energy and resources efficiently,
external agencies to detect vulnerabilities and review in a paperless and environmentally friendly manner,
security for any IT infrastructure changes. This is in a measured and secure way.
done in accordance with regulations and ISO 27001
standards, with efforts to continuously minimize The implementation steps and solutions chosen
risks and potential security gaps through zero-day by the IT team for 2023 align with the overall IT
attack detection and prevention. Strategic Plan that is integrated into the bank's
strategic plan. Each initiative and solution is carefully
In addition, IT teams constantly evaluate and update evaluated based on cost-benefit analysis, technology
response and recovery capabilities against cyber risks, implementation risks, operational risks, and
attacks as a last line of defence. This helps protect security risks.
customer information and critical bank data from
threats that could cause disruption or harm. Through The IT team follows the principles of Project
this approach, the Bank ensures its IT systems and Management Life Cycle (PMLC) and Software
services are always prepared to effectively handle Development Life Cycle (SDLC) to ensure quality
any cyber security challenges that may arise. and compliance during implementation. Operational
readiness, monitoring, control, continuity, and
2023 achievements adherence to service level agreements are critical
Amidst rapid technological advancements and factors in ensuring seamless service delivery and
fierce business competition, the Bank no longer sees security.
digital applications and automation as a competitive
advantage, but rather as essential necessities for With these initiatives in place, we can confidently
organizational growth and sustainability. From a achieve our targeted capabilities for 2023 as
technology selection perspective, there are various planned. These achievements will serve as a solid
options available. However, these options present foundation for future capability targets and business
challenges for the IT team in providing solutions priorities in 2024 that align with the Bank's strategy
that are relevant, efficient, and consider operational and needs.
and security risks. Meanwhile, IT professionals
PT Bank BTPN Syariah Tbk | 2023 Annual Report
with competent skills and capabilities are highly
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2024 plans
In 2024, our main focus in IT development will be on strengthening various aspects, such as cyber security,
updates and improvements for resilience and recovery, enhancing front-end digital features in our services,
and increasing automation and data management. We also plan to align our digital governance with
regulations to ensure compliance.
This IT development strategy is a continuation of our bank's overall strategic plan and the 2022-2026
IT Strategic Plan. It involves building operational infrastructure and developing capabilities to support
services, transactions, security, and automation in both the Digital Front End Platform and Core System
areas.Our focus also includes modernizing technology and capabilities in Risk & Compliance, particularly in
areas such as Anti Money Laundering (AML) and Enterprise Risk Management System (ERMS).
We are committed to integrating features and continuously improving our back-end infrastructure, data
management technology architecture, and overall IT infrastructure. Furthermore, we strives to strengthen
our IT governance to comply with regulations and maintain strong cyber security policies (ISO 27001),
while staying agile and dynamic.
Being a part of the BTPN Syariah IT team gives me a sense of
purpose as we work towards building a sharia digital ecosystem
for an inclusive Indonesian society. We believe in implementing
technology appropriately while maintaining a humanistic
approach. Through innovation and technological solutions, we
aim to improve operations' efficiency and effectiveness, making
it easier for #bankirpemberdaya in faithfully empowering our
inclusive customers.
Ni Made Nevira
IT Workplace Management
risk management
The economic recovery in Indonesia following the To address these challenges, the Bank's Risk
Covid-19 pandemic has presented challenges for Management Work Unit (SKMR) will focus on
financial service providers, particularly in terms of credit and operational risks in 2023. This involves
financing quality. This has been especially difficult leveraging human and system aspects in daily
for the Bank, that has been catering to the ultra- business activities, with COs providing assistance
micro segment, as the slow circulation of money in to customers and collecting payments. To
PT Bank BTPN Syariah Tbk | 2023 Annual Report
tier-3 and tier-4 cities and rural areas has affected achieve this, SMKR has prioritized strengthening
our productive pre-prosperous customers' ability its infrastructure, implementing advanced
to recover quickly. While there have been some methodologies in risk management, and fostering
signs of improvement, these businesses have not a risk-aware culture throughout the year.
fully bounced back, making it hard for them to These priorities align with BTPN Syariah's Risk
pay off their debts. On the other hand, the Bank Management framework and serve as a strategy
must continue providing financing to maintain to maintain the Bank's risk profile.
sustainable performance, but this requires caution
to ensure the quality of financing remains intact.
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management discussion and analysis
In carrying out its risk management system, BTPN Throughout 2023, supervision is carried out
Syariah is guided by Good Corporate Governance effectively through both face-to-face and online
principles and Risk Awareness, with four main meetings and conferences. Members have shown
pillars: satisfactory levels of attendance and participation
in these gatherings. Proper documentation is kept
1. active supervision from the Board of Directors, for all meetings to ensure efficient monitoring of
Board of Commissioners, and DPS; follow-up actions on decisions made. This careful
2. well-defined policies and procedures for risk implementation helps strengthen the Bank's
management, including setting risk limits; transparency and accountability in its operations.
3. thorough processes for identifying, measuring,
monitoring, and controlling risks; and adequacy of risk management policies
4. an extensive internal control system to and procedures, and risk limit setting
implement risk management strategies and To successfully manage risk, the Bank recognizes
define Risk Appetite & Tolerance. the importance of implementing a comprehensive
framework that includes elements such as
active supervision from the board of organization, policies, procedures, boundaries,
directors, board of commissioners, and systems, tools, and strategies. Central to this
the sharia supervisory board framework is a strong and capable organization
The Bank implements a strong organizational with adequate human resources.
structure to support risk management. At the
highest level, there is an Audit Committee, Risk The Bank has developed policies and procedures
Oversight Committee, and Nomination and that align with its risk management strategies,
Remuneration Committee within the Board of tolerance, and limits. These policies and procedures
Commissioners. They actively oversee the work of reflect a deep understanding of the intricacies of
the Board of Directors and management through business activities, risk profiles, and regulatory
regular meetings and provide important guidance requirements, while also adhering to sound
and recommendations. banking practices.
The Board of Directors has various committees Furthermore, the Bank sets risk tolerance and
in place to support their duties, including the limits at both the portfolio and transactional
Assets and Liabilities Committee (ALCO), Risk levels within its risk management policies and
Management Committee, Technology and procedures. This ensures a balanced integration
Information Steering Committee, Human Capital of all aspects of risk management to effectively
Committee, Business Committee, and Financing navigate the constantly evolving business
Policy Committee. The Board of Directors is also landscape.
supported by a Risk Management Work Unit and
Compliance Work Unit (SKK) which play crucial adequacy of processes for identification,
roles in supervising activities. Decisions are made measurement, monitoring, and
and banking activities are carried out in regular control of risk and risk management
meetings of the Board of Directors and relevant
information systems
committees. All recommendations and directions
given in these meetings are closely monitored BTPN Syariah has a systematic process for
and implemented by the respective committees identifying, evaluating, and controlling 10
and units. This structure allows for effective primary types of risks that the Bank may face.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
risk management and ensures transparency in These include credit risk, market risk, liquidity
implementation. risk, operational risk, compliance risk, legal risk,
strategic risk, reputation risk, investment risk, and
The Bank also has supporting divisions to assist return risk. The Bank follows a Risk Management
the Board of Directors in their responsibilities. Framework to manage these risks effectively.
The Sharia Supervisory Board (DPS) oversees During the risk identification process, the Bank
compliance with sharia principles with help from takes a proactive approach by considering all
the Compliance Work Unit. DPS holds meetings business activities. In addition, the Bank conducts
with related units and conducts field visits to thorough analyses to identify potential sources of
provide recommendations. The Compliance Work risks and their potential impacts.
Unit then monitors the implementation of these
recommendations.
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Risk measurement is carried out using both (RWA) totaling Rp8.09 trillion. Operational
quantitative and qualitative methods, following losses during this period amounted to Rp7.42
guidelines set by regulators as well as internal billion or less than 0.1% of Operational Risk RWA.
methods developed by the Bank. Meanwhile, Credit Risk RWA reached Rp8.44
trillion with low quality assets minus low quality
The Bank uses several steps in its risk CKPN on core capital plus general reserves
measurement process, such as assessing its risk amounting to Rp264 billion or 3.28%.
profile, evaluating capital adequacy through the
Internal Capital Adequacy Assessment Process These figures demonstrate that the Bank has
(ICAAP), and determining its health level using the effectively managed its business operations and
Risk Based Bank Rating (RBBR). In implementing continues to monitor and measure potential risks.
Risk Management practices, BTPN Syariah also The Bank also maintains strong capital resilience
refers to documents from the Basel Committee on to handle any potential risks that may arise while
Banking Supervision. remaining flexible in allocating capital for other
business developments.
As of December 31, 2023, the Bank's risk profile
was at level 2. Additionally, the composite In managing liquidity risk, BTPN Syariah adheres
soundness rating was determined to be at to regulatory provisions and manages its liquidity
level 2 (Sound) based on evaluations of its Risk risk carefully, as evidenced by a financing to third
Profile, Good Corporate Governance practices, party funds ratio (FDR) of 93.78% and a Liquidity
profitability, and capital. The Bank's capital Coverage Ratio of 367.62%.
adequacy ratio stood at 9.18% on December 31,
2023 with Operational Risk Weighted Assets
internal control system
Risk Oversight Committee and Audit Committee
Board of Directors
1st Line of Defence 2nd Line of Defence 3rd Line of Defence
Line Management Control Internal Audit Work Unit
Risk Management
PT Bank BTPN Syariah Tbk | 2023 Annual Report
(PUK) (SKAI)
Quality Assurance
Compliance
(QA)
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management discussion and analysis
2023 achievements Moving forward, SMKR will continue to prioritize
The year 2023 presented a multitude of challenges strengthening infrastructure, refining risk
to BTPN Syariah's risk management efforts, management methodologies, and promoting a
with the main focus being on instilling a culture culture of risk awareness within the organization.
of risk awareness throughout the company. To These initiatives from 2023 will carry over into
address this challenge, the Bank appointed risk 2024, with an added emphasis on market risk
champions in each Work Unit, who will serve management through the implementation of
as leaders in implementing risk management policies and procedures, measurement tools, and
principles. Additionally, a risk management advanced technology systems. The Bank will also
curriculum program was developed and training adapt its risk management practices to align with
sessions were held for both the risk champions those of its parent company, BTPN.
and other stakeholders. The implementation of
Behavior Design is intended to strengthen the risk risk profile and risk management
awareness among #bankirpemberdaya and other Credit risk and operational risk remain significant
stakeholders. challenges in 2023. In the micro and small
business segments, the recovery process from
In the first and second semester of 2023, the the Covid-19 pandemic effects was ongoing,
Bank achieved a rank 2 position in the self- requiring more time. Consequently, the bank was
assessment Bank Health Level Rating (RBBR), making continuous efforts to sustain its business
with a Composite Rating Composition of Rank 2 performance optimally. The operational risk aspect
for Risk Profile, Rank 1 for Profitability, Rank 1 for has also been impacted by the Covid-19 pandemic,
Capital, and Rank 2 for GCG (Good Corporate leading to changes in business process behaviors.
Governance). This, in turn, has affected the effectiveness of
credit risk mitigation, particularly through group
2024 plans meetings. Moreover, the high turnover rate among
In 2024, SMKR's efforts will focus on credit risk employees outside the Head Office has raised
management and operational risk. This includes concerns. In response, the Bank has initiated
strengthening market risk management, cyber various measures, including enhancing human
security, protecting personal data, and developing resources quality, implementing Human Capital
a Recovery Plan and Resolution Plan in line programs for recruitment and employee retention,
with the regulator's program to strengthen the refining business processes, and boosting
financial sector. customer engagement initiatives.
The Bank has placed a high priority on credit risk, the bank’s 10 risk profiles
with a focus on improving the customer acquisition For the fiscal year 2023, BTPN Syariah has
process, maintaining existing customers, and identified and delineated 10 Risk Profiles as
optimizing collections. Operational risk will also be follows:
addressed by streamlining financing processes and 1. Credit Risk
enhancing infrastructure through technological 2. Market Risk
advancements. 3. Operational Risk
Market risk is another area of focus for next year, 4. Liquidity Risk
PT Bank BTPN Syariah Tbk | 2023 Annual Report
with preparations being made for technology 5. Legal Risk
systems and risk management methodologies, 6. Strategic Risk
particularly taking into account upcoming trading 7. Compliance Risk
activities in Q2 2024. 8. Reputation Risk
9. Rate of Return Risk
10. Investment Risk
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management of 10 types of risks The implementation of credit risk management
is supported by policies, procedures, and limit
1. credit risk settings as comprehensive and detailed guidelines
In 2023, the Bank faces persistent challenges for financing activities, from financing proposals,
concerning the quality of financing portfolios, analysis processes, approvals, monitoring,
exacerbated by external factors stemming from documentation, control, to rescue or restructuring
the ongoing Covid-19 pandemic, especially in the processes.
micro and small business segments. Internally,
shifts in customer behavior within business The Bank has also set Limits of Authority to Decide
processes have caused credit risk mitigation on Financing to ensure that financing approvals
through the group meeting mechanism to be less are made only by officials who qualify according to
than optimal, and the impact of the high turnover applicable regulations. In addition, the Bank has
rate outside the Head Office has resulted in a set Maximum Fund Disbursement Limits to ensure
limited number of employees who can serve as role that the financing disbursed does not exceed the
models for the business processes that should be rules previously established by the regulator.
followed.
adequacy of risk identification, measurement,
These factors have affected repayment monitoring, risk control, and risk management
capabilities, consequently increasing the risk Information Systems Credit risk control at the
of customer defaulting on their obligations to Bank has been carried out with an integrated
the Bank as agreed (Credit Risk) through the process, consisting of Identification, Measurement,
appropriate Tepat Pembiayaan Syariah products. Monitoring, and Control or Mitigation of risks.
To ensure effective credit risk management and Risk identification is carried out by setting Risk
mitigation, the Bank emphasizes procedural Acceptance Criteria (RAC) for customers to
discipline across all operations as a tagline be financed and analyzing customer financing
throughout the line so that business processes can applications. Studies are also conducted on
return to normal as before the Covid-19 pandemic. products and programs, as well as other business
initiatives that may impact credit risk exposure.
One effort to ensure that business processes run
in accordance with applicable procedures is by Meanwhile, credit risk measurement is carried
supporting technology applications and digital- out using a portfolio approach based on the
based platforms that can continue to provide transition matrix method. Indicators of financing
services and mentoring patterns to customers in portfolio quality measured include roll rates
building the Bank's Islamic digital ecosystem, while for each DPD (Days Past Due) bucket, Special
still monitoring customer businesses, analyzing Mention ratios to total financing portfolios, Non-
payment capacities, account maintenance Performing Financing ratios to total financing
processes, and fostering good relationships portfolios, and including the adequacy ratio of
between customers and #bankirpemberdaya in reserves to troubled financing portfolios. Based
the field. on the identification and measurement results,
the Bank monitors and reports periodically to the
adequacy of policies, procedures, and limit setting Board of Directors and Board of Commissioners,
The Bank continuously enhances the application through the Risk Management Committee and
PT Bank BTPN Syariah Tbk | 2023 Annual Report
of cautionary principles in the financing granting Risk Oversight Committee according to the risk
process. This effort is always accompanied by management information system framework.
periodic reviews and improvements in financing
policies, adapting to the latest socio-economic
conditions, and regulatory requirements, including
ensuring compliance with Sharia principles.
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management discussion and analysis
internal control system
Financing activities are accompanied by Quality Assurance functions to ensure that all
processes have been carried out in accordance with applicable policies and procedures.
Inspections are carried out periodically, both for performance evaluations and specific
objectives, where any findings are then reported for follow-up by the relevant work units.
definition of impairment of receivables
The Bank uses an incurred loss model in recognizing impairment losses on financial assets
for accounting purposes, so that losses are only recognized if there is objective evidence
of specific loss events. This is a primary consideration in evaluating impairment of the
provided financing, especially for principal payments or margins that are overdue for more
than 90 days, or if there are issues or violations of requirements in the initial contract. The
evaluation of impairment is done collectively by the Bank. In determining the amount of
impairment loss reserves, the Bank considers factors such as the debtor's ability to improve
performance when facing financial difficulties, revenue projections, and expectations
of costs in the event of bankruptcy, the availability of other financial support including
insurance claims, and expectations of the timing of cash flows. Evaluation of impairment
loss reserves is done at each reporting date.
Meanwhile, impairment is a condition where there is objective evidence of the consequences
of one or more adverse events that occurred after the initial recognition of the provided
financing, where such adverse events that can be accurately estimated will impact future
cash flow estimates, financial assets, or groups of financial assets.
approach to provision for allowance for impairment losses
The Bank calculates impairment loss reserves using a collective method based on PSAK 55
regarding Financial Instruments: Recognition and Measurement. Impairment loss reserves
recognized in financial statements are only losses that have occurred at the financial
statement date on the financial position in question and based on objective evidence.
credit risk disclosure with standard approach
The Bank calculates Risk-Weighted Assets (RWA) for Credit Risk with reference to SEOJK
No. 34/SEOJK.03/2015 regarding Calculation of Risk-Weighted Assets for Credit Risk Using
the Standard Approach for Islamic Commercial Banks, along with its amendments.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
147
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disclosure of quantitative risk exposure information (december 31, 2023 - audited)
1.1 Disclosure of Net Receivables by Region - Bank Only
Position as of December 31, 2023
Net Receivables by Region
No. Portfolio Category
Bali and Nusa
Java Sumatera
Tenggara
(1) (2) (3) (4) (5)
1 Receivables on Sovereign 8,295,962 - -
2 Receivables on Public Sector Entities 456,003 - -
Receivables on Multilateral Development Banks and
3 - - -
International Institutions
4 Receivables on Banks 582,884 - -
5 Loans Secured by Residential Property - - -
6 Loans Secured by Commercial Real Estate - - -
7 Employee/Retiree Loans - - -
8 Receivables on Micro, Small Businesses and Retail Portfolios 6,396,691 453,901 2,828,793
9 Receivables on Corporations 39,281 - -
10 Past Due Receivables 27,214 787 3,572
11 Other Assets 655,399 33,081 203,644
Total 16,453,434 487,769 3,036,009
1.2 Disclosure of Net Receivables by Region - Consolidated with Subsidiaries
Position as of December 31, 2023
Net Receivables by Region
No. Portfolio Category
Bali and Nusa
Java Sumatera
Tenggara
(1) (2) (3) (4) (5)
1 Receivables on Sovereign 8,295,962 - -
2 Receivables on Public Sector Entities 456,003 - -
Receivables on Multilateral Development Banks and
3 - - -
International Institutions
PT Bank BTPN Syariah Tbk | 2023 Annual Report
4 Receivables on Banks 823,288 - -
5 Loans Secured by Residential Property - - -
6 Loans Secured by Commercial Real Estate - - -
7 Employee/Retiree Loans - - -
8 Receivables on Micro, Small Businesses and Retail Portfolios 6,396,691 453,901 2,828,793
9 Receivables on Corporations 119,345 - -
10 Past Due Receivables 27,214 787 3,572
11 Other Assets 655,417 33,081 203,644
Total 16,773,920 487,769 3,036,009
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management discussion and analysis
(in million rupiah)
Position as of December 31, 2022
Net Receivables by Region
Kalimantan, Kalimantan,
Sulawesi, Bali and Nusa Sulawesi,
Total Java Sumatra Total
Maluku & Tenggara Maluku &
Papua Papua
(6) (7) (8) (9) (10) (11) (12)
- 8,295,962 7,544,580 - - - 7,544,580
- 456,003 355,081 - - - 355,081
- - - - - - -
- 582,884 441,563 - - - 441,563
- - - - - - -
- - - - - -
- - - - - - -
587,406 10,266,791 7,183,435 417.632 2.642,559 534,389 10,778,015
- 39,281 79,719 - - - 79,719
1,191 32,764 33,281 1.333 2,844 2,122 39,580
64,735 956,859 897,221 40.559 279,306 62,348 1,279,434
653,332 20,630,544 16,534,880 459.524 2,924,709 598,859 20,517,972
(in million rupiah)
Position as of December 31, 2022
Net Receivables by Region
Kalimantan, Kalimantan,
Sulawesi, Bali and Nusa Sulawesi,
Total Java Sumatera Total
Maluku & Tenggara Maluku &
Papua Papua
(6) (7) (8) (9) (10) (11) (12)
- 8,295,962 7,544,580 - - - 7,544,580
- 456,003 355,081 - - - 355,081
- - - - - - -
PT Bank BTPN Syariah Tbk | 2023 Annual Report
- 823,288 673,382 - - - 673,382
- - - - - - -
- - - - - - -
- - - - - - -
587,406 10,266,791 7,183,435 417,632 2,642,559 534,389 10,778,015
- 119,345 160,670 - - - 160,670
1,191 32,764 33,281 1,333 2,844 2,122 39,580
64,735 956,877 897,221 40,559 279,306 62,348 1,279,434
653,332 20,951,030 16,847,650 459,524 2,924,709 598,859 20,830,742
149
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2.1 Disclosure of Net Receivables Based on Remaining Contract Term - Individual Banks
Position as of December 31, 2023
Net Receivables by Residual Contract Maturity
No. Portfolio Category
> 1 Year to > 3 Years to
< 1 Year
3 Years 5 Years
(1) (2) (3) (4) (5)
1 Receivables on Sovereign 4,845,315 1,887,934 899,270
2 Receivables on Public Sector Entities 305,183 100,730 50,090
Receivables on Multilateral Development Banks and
3 - - -
International Institutions
4 Receivables on Banks 568,169 10,000 -
5 Loans Secured by Residential Property - - -
6 Loans Secured by Commercial Real Estate - - -
7 Employee/Retiree Loans - - -
8 Receivables on Micro, Small Businesses and Retail Portfolios 7,665,125 2,598,542 3,124
9 Receivables on Corporations 34,825 4,456 -
10 Past Due Receivables 30,952 1,779 33
11 Other Assets - - -
Total 13,449,569 4,603,441 952,517
2.1 Disclosures on Net Receivables Based on Remaining Contract Term - Consolidated with Subsidiaries
Position as of December 31, 2023
Net Receivables by Residual Contract Maturity
No. Portfolio Category
> 1 Year to > 3 Years to
< 1 Year
3 Years 5 Years
(1) (2) (3) (4) (5)
1 Receivables on Sovereign 4,845,315 1,887,934 899,270
2 Receivables on Public Sector Entities 305,183 100,730 50,090
Receivables on Multilateral Development Banks and
3 - - -
International Institutions
4 Receivables on Banks 806,169 10,000 -
5 Loans Secured by Residential Property - - -
6 Loans Secured by Commercial Real Estate - - -
7 Employee/Retiree Loans - - -
8 Receivables on Micro, Small Businesses and Retail Portfolios 7,665,125 2,598,542 3,124
9 Receivables on Corporations 34,825 4,456 -
10 Past Due Receivables 30,952 1,779 33
11 Other Assets - - -
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Total 13,687,569 4,603,441 952,517
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management discussion and analysis
(in million rupiah)
Position as of December 31, 2022
Net Receivables by Residual Contract Maturity
Non- > 1 Year to > 3 Years to Non-
Total < 1 Year Total
Contractual 3 Years 5 Years Contractual
(6) (7) (8) (9) (10) (11) (12)
663,443 8,295,962 4,470,069 1,559,434 820,650 694,427 7,544,580
- 456,003 355,081 - - - 355,081
- - - - - - -
4,715 582,884 408,444 23,101 - 10,018 441,563
- - - - - - -
- - - - - - -
- - - - - - -
- 10,266,791 7,782,837 2,991,957 3,221 - 10,778,015
- 39,281 37,643 42,076 - - 79,719
- 32,764 37,562 1,990 28 - 39,580
956,859 956,859 - - - 1,279,434 1,279,434
1,625,017 20,630,544 13,091,636 4,618,558 823,899 1,983,879 20,517,972
(in million rupiah)
Position as of December 31, 2022
Net Receivables by Residual Contract Maturity
Non- > 1 Year to > 3 Years to Non-
Total < 1 Year Total
Contractual 3 Years 5 Years Contractual
(6) (7) (8) (9) (10) (11) (12)
663,443 8,295,962 4,470,069 1,559,434 820,650 694,427 7,544,580
- 456,003 355,081 - - - 355,081
- - - - - - -
7,119 823,288 638,944 23,101 - 11,337 673,382
- - - - - - -
- - - - - - -
- - - - - - -
- 10,266,791 7,782,837 2,991,957 3,221 - 10,778,015
80,064 119,345 37,643 42,076 - 80,951 160,670
- 32,764 37,562 1,990 28 - 39,580
956,877 956,877 - - - 1,279,434 1,279,434
PT Bank BTPN Syariah Tbk | 2023 Annual Report
1,707,503 20,951,030 13,322,136 4,618,558 823,899 2,066,149 20,830,742
151
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disclosure of quantitative risk exposure information (december 31, 2023)
3.1 Disclosure of Net Receivables Based on Economic Sector - Bank Only
Receivables on
Multilateral
Receivables on
Receivables on Development Receivables on
No. Portfolio Category Public Sector
Sovereign Bank and Bank
Entities
International
Institutions
(1) (2) (3) (4) (5) (6)
Position as of December 31, 2023
1 Agriculture, Hunting and Forestry - - - -
2 Fisheries - - - -
3 Mining and excavation - - - -
4 Manufacturing - - - -
5 Electricity, Gas and Water - - - -
6 Construction - - - -
7 Wholesale and Retail Trading - - - -
Accomodation and Food & Beverages
8 - - - -
Services
Transportation, Warehousing and
9 - - - -
Communication
10 Financial Intermediaries - - - -
Real Estate, Rental Business and Corporate
11 - - - -
Services
Government Administration, Defense and
12 - - - -
Compulsory Social Security
13 Education Services - - - -
14 Health Services and Social Services - - - -
Social, Socio-cultural, Entertainment and
15 - - - -
Other Personal Services
16 Personal Household Services - - - -
International Institutions and Other Extra
17 - - - -
International Institutions
18 Undefined Services - - - -
19 Non-Productive Sector - - - -
20 Others 8,295,962 456,003 - 582,884
Total 8,295,962 456,003 - 582,884
Position as of December 31, 2022
1 Agriculture, Hunting and Forestry - - -
2 Fisheries - - - -
3 Mining and excavation - - - -
PT Bank BTPN Syariah Tbk | 2023 Annual Report
4 Manufacturing - - - -
5 Electricity, Gas and Water - - - -
6 Construction - - - -
7 Wholesale and Retail Trading - - - -
Accomodation and Food & Beverages
8 - - - -
Services
Transportation, Warehousing and
9 - - - -
Communication
10 Financial Intermediaries - - - -
Real Estate, Rental Business and Corporate
11 - - - -
Services
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management discussion and analysis
(in million rupiah)
Receivables on
Loans Secured Loans Secured Micro, Small
Employee/ Receivables on Past Due
by Residential by Commercial Businesses Other Assets
Retiree Loans Corporations Receivables
Property Real Estate and Retail
Portfolios
(7) (8) (9) (10) (11) (12) (13)
- - - 1,877,761 - 3,607 -
- - - 120,912 - 255 -
- - - 5 - - -
- - - 877,663 - 2,637 -
- - - - - - -
- - - - - - -
- - - 6,842,206 19,809 24,567 -
- - - 545 - 13 -
- - - 48 - 2 -
- - - 62 19,472 127 -
- - - 12 - - -
- - - - - - -
- - - - - - -
- - - 15 - - -
- - - 169 - 3 -
- - - 547,160 - 1,552 -
- - - - - - -
- - - 164 - - -
- - - - - - -
- - - 69 - 1 956,859
- - - 10,266,791 39,281 32,764 956,859
- - - -
- - - 621,443 - 632 -
- - - 34,043 - 19 -
PT Bank BTPN Syariah Tbk | 2023 Annual Report
- - - 102 - - -
- - - 658,037 - 1,263 -
- - - - - - -
- - - - - - -
- - - 8,850,937 20,046 35,600 -
- - - 7,902 - 32 -
- - - 844 - 3 -
- - - 3,363 59,673 39 -
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3.1 Disclosure of Net Receivables Based on Economic Sector - Bank Only
Receivables on
Multilateral
Receivables on
Receivables on Development Receivables on
No. Portfolio Category Public Sector
Sovereign Bank and Bank
Entities
International
Institutions
(1) (2) (3) (4) (5) (6)
Government Administration, Defense and
12 - - - -
Compulsory Social Security
13 Education Services - - - -
14 Health Services and Social Services - - - -
Social, Socio-cultural, Entertainment and
15 - - - -
Other Personal Services
16 Personal Household Services - - - -
International Institutions and Other Extra
17 - - - -
International Institutions
18 Undefined Services - - - -
19 Non-Productive Sector - - - -
20 Others 7,544,580 355,081 - 441,563
Total 7,544,580 355,081 - 441,563
3.2 Disclosure of Net Receivables Based on Economic Sector - Consolidated with Subsidiaries
Receivables on
Multilateral
Receivables on
Receivables on Development Receivables on
No. Portfolio Category Public Sector
Sovereign Bank and Bank
Entities
International
Institutions
(1) (2) (3) (4) (5) (6)
Position as of December 31, 2023
1 Agriculture, Hunting and Forestry - - - -
2 Fishery - - - -
3 Mining and excavation - - - -
4 Manufacturing - - - -
5 Electricity, Gas and Water - - - -
6 Construction - - - -
7 Wholesale and Retail Trading - - - -
Accomodation and Food & Beverages
8 - - - -
Services
Transportation, Warehousing and
9 - - - -
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Communication
10 Financial Intermediaries - - - -
Real Estate, Rental Business and Corporate
11 - - - -
Services
Government Administration, Defense and
12 - - - -
Compulsory Social Security
13 Education Services - - - -
14 Health Services and Social Services - - - -
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management discussion and analysis
(in million rupiah)
Receivables on
Loans Secured Loans Secured Micro, Small
Employee/ Receivables on Past Due
by Residential by Commercial Businesses Other Assets
Retiree Loans Corporations Receivables
Property Real Estate and Retail
Portfolios
(7) (8) (9) (10) (11) (12) (13)
- - - 261 - - -
- - - - - - -
- - - 97 - - -
- - - 4,412 - 19 -
- - - 596,153 - 1,973 -
- - - - - - -
- - - 55 - - -
- - - - - - -
- - - 366 - - 1,279,434
- - - 10,778,015 79,719 39,580 1,279,434
(in million rupiah)
Receivables on
Loans Secured Loans Secured Micro, Small
Employee/ Receivables on Past Due
by Residential by Commercial Businesses Other Assets
Retiree Loans Corporations Receivables
Property Real Estate and Retail
Portfolios
(7) (8) (9) (10) (11) (12) (13)
- - - 1,877,761 - 3,607 -
- - - 120,912 - 255 -
- - - 5 - - -
- - - 877,663 - 2,637 -
- - - - - - -
- - - - - - -
- - - 6,842,206 19,809 24,567 -
- - - 545 - 13 -
- - - 48 - 2 -
PT Bank BTPN Syariah Tbk | 2023 Annual Report
- - - 62 19,472 127 -
- - - 12 - - -
- - - - - - -
- - - - - - -
- - - 15 - - -
155
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3.2 Disclosure of Net Receivables Based on Economic Sector - Consolidated with Subsidiaries
Receivables on
Multilateral
Receivables on
Receivables on Development Receivables on
No. Portfolio Category Public Sector
Sovereign Bank and Bank
Entities
International
Institutions
(1) (2) (3) (4) (5) (6)
Social, Socio-cultural, Entertainment and
15 - - - -
Other Personal Services
16 Personal Household Services - - - -
International Institutions and Other Extra
17 - - - -
International Institutions
18 Undefined Services - - - -
19 Non-Productive Sector - - - -
20 Others 8,295,962 456,003 - 823,288
Total 8,295,962 456,003 - 823,288
Position as of December 31, 2022
1 Agriculture, Hunting and Forestry - - - -
2 Fishery - - - -
3 Mining and excavation - - - -
4 Manufacturing - - - -
5 Electricity, Gas and Water - - - -
6 Construction - - - -
7 Wholesale and Retail Trading - - - -
Accomodation and Food & Beverages
8 - - - -
Services
Transportation, Warehousing and
9 - - - -
Communication
10 Financial Intermediaries - - - -
Real Estate, Rental Business and Corporate
11 - - - -
Services
Government Administration, Defense and
12 - - - -
Compulsory Social Security
13 Education Services - - - -
14 Health Services and Social Services - - - -
Social, Socio-cultural, Entertainment and
15 - - - -
Other Personal Services
16 Personal Household Services - - - -
International Institutions and Other Extra
17 - - - -
International Institutions
18 Undefined Services - - - -
PT Bank BTPN Syariah Tbk | 2023 Annual Report
19 Non-Productive Sector - - - -
20 Others 7,544,580 355,081 - 673,382
Total 7,544,580 355,081 - 673,382
156
Page 159
management discussion and analysis
(in million rupiah)
Receivables on
Loans Secured Loans Secured Micro, Small
Employee/ Receivables on Past Due
by Residential by Commercial Businesses Other Assets
Retiree Loans Corporations Receivables
Property Real Estate and Retail
Portfolios
(7) (8) (9) (10) (11) (12) (13)
- - - 169 - 3 -
- - - 547,160 - 1,552 -
- - - - - - -
- - - 164 - - -
- - - - - - -
- - - 69 80,064 1 956,877
- - - 10,266,791 119,345 32,764 956,877
- - - 621,443 - 632 -
- - - 34,043 - 19 -
- - - 102 - - -
- - - 658,037 - 1,263 -
- - - - - - -
- - - - - - -
- - - 8,850,937 20,046 35,600 -
- - - 7,902 - 32 -
- - - 844 - 3 -
- - - 3,363 59,673 39 -
- - - 261 - - -
- - - - - - -
- - - - - - -
- - - 97 - - -
- - - 4,412 - 19 -
- - - 596,153 - 1,973 -
- - - - - - -
- - - 55 - - -
PT Bank BTPN Syariah Tbk | 2023 Annual Report
- - - - - - -
- - - 366 80,951 - 1,279,434
- - - 10,778,015 160,670 39,580 1,279,434
157
Page 160
4.1 Disclosure of Receivables and Provision Based on Region - Bank Only
Position as of December 31, 2023
Geographic Area
No. Portfolio Category
Bali and Nusa
Java Sumatera
Tenggara
(1) (2) (3) (4) (5)
1 Gross claims 17,203,144 505,504 3,117,438
2 Impaired claims
a. Not yet matured - - -
b. Matured 280,712 8,120 33,396
3 Allowance for impairement losses - Individual - - -
4 Allowance for impairement losses - Collective 1,030,421 25,856 114,825
5 Amounts written-off 3,291,607 171,581 523,109
4.2 Disclosure of Receivables and Provision Based on Region - Consolidated with Subsidiaries
Position as of December 31, 2023
Geographic Area
No. Portfolio Category
Bali and Nusa
Java Sumatera
Tenggara
(1) (2) (3) (4) (5)
1 Gross claims 17,523,630 505,504 3,117,438
2 Impaired claims
a. Not yet matured - - -
b. Matured 280,712 8,120 33,396
3 Allowance for impairement losses - Individual - - -
4 Allowance for impairement losses - Collective 1,030,421 25,856 114,825
5 Amounts written-off 3,291,607 171,581 523,109
PT Bank BTPN Syariah Tbk | 2023 Annual Report
158
Page 161
management discussion and analysis
(in million rupiah)
Position as of December 31, 2022
Geographic Area
Kalimantan, Kalimantan,
Sulawesi, Bali and Nusa Sulawesi,
Total Java Sumatera Total
Maluku & Tenggara Maluku &
Papua Papua
(6) (7) (8) (9) (10) (11) (12)
683,858 21,509,944 16,937,496 471,265 2,957,587 615,223 20,981,571
- - - - - - -
12,288 334,516 263,465 8,989 18,527 14,345 305,326
- - - - - - -
42,814 1,213,916 666,084 20,729 51,404 30,708 768,925
218,208 4,204,505 2,059,331 123,510 406,014 154,280 2,743,135
(in million rupiah)
Position as of December 31, 2022
Geographic Area
Kalimantan, Kalimantan,
Sulawesi, Bali and Nusa Sulawesi,
Total Java Sumatera Total
Maluku & Tenggara Maluku &
Papua Papua
(6) (7) (8) (9) (10) (11) (12)
683,858 21,830,430 17,250,266 471,265 2,957,587 615,223 21,294,341
- - - - - - -
12,288 334,516 263,465 8,989 18,527 14,345 305,326
- - - - - - -
42,814 1,213,916 666,084 20,729 51,404 30,708 768,925
218,208 4,204,505 2,059,331 123,510 406,014 154,280 2,743,135 PT Bank BTPN Syariah Tbk | 2023 Annual Report
159
Page 162
5.1 Disclosure of Receivables and Provision Based on Economic Sector - Bank Only
No. Portfolio Category
(1) (2)
Position as of December 31, 2023
1 Agriculture, Hunting and Forestry
2 Fishery
3 Mining and excavation
4 Manufacturing
5 Electricity, Gas and Water
6 Construction
7 Wholesale and Retail Trading
8 Accomodation and Food & Beverages Services
9 Transportation, Warehousing and Communication
10 Financial Intermediaries
11 Real Estate, Rental Business and Corporate Services
12 Government Administration, Defense and Compulsory Social Security
13 Education Services
14 Health Services and Social Services
15 Social, Socio-cultural, Entertainment and Other Personal Services
16 Personal Household Services
17 International Institutions and Other Extra International Institutions
18 Undefined Services
19 Non-Productive Sector
20 Others
Total
Position as of December 31, 2022
1 Agriculture, Hunting and Forestry
2 Fishery
3 Mining and excavation
4 Manufacturing
5 Electricity, Gas and Water
6 Construction
7 Wholesale and Retail Trading
8 Accomodation and Food & Beverages Services
9 Transportation, Warehousing and Communication
PT Bank BTPN Syariah Tbk | 2023 Annual Report
10 Financial Intermediaries
11 Real Estate, Rental Business and Corporate Services
12 Government Administration, Defense and Compulsory Social Security
13 Education Services
14 Health Services and Social Services
15 Social, Socio-cultural, Entertainment and Other Personal Services
16 Personal Household Services
17 International Institutions and Other Extra International Institutions
18 Undefined Services
19 Non-Productive Sector
20 Others
Total
160
Page 163
management discussion and analysis
(in million rupiah)
Impaired Invoice Allowance for Allowance for
Amount Written
Gross Claims impairement impairement
Off
losses - Individual losses - Collective
Not yet matured Matured
(3) (4) (5) (6) (7) (8)
1,950,967 - 34,536 - 104,135 174,174
125,842 - 2,507 - 7,182 11,153
43 - - - 38 336
928,138 - 26,052 - 73,890 156,578
- - - - - -
- - - - - -
7,597,939 - 255,340 - 966,697 3,552,526
3,194 - 156 - 2,792 61,468
413 - 31 - 394 4,808
19,733 - 302 - 374 245
165 - 6 - 159 11,363
- - - - - -
- - - - - -
53 - 2 - 40 731
1,371 - 88 - 1,287 1,637
590,081 - 15,490 - 56,859 227,938
- - - - - -
164 - - - - 54
- - - - - -
10,291,841 - 6 - 69 1,494
21,509,944 - 334,516 - 1,213,916 4,204,505
- - -
636,547 - 6,211 - 20,683 109,262
34,720 - 241 - 900 7,184
121 - 7 - 26 320
675,216 - 8,553 - 24,469 85,496
- - - - - -
- - - - - -
9,312,738 - 274,437 - 680,589 2,305,278
9,949 - 928 - 2,943 59,475
1,126 - 75 - 354 4,591
PT Bank BTPN Syariah Tbk | 2023 Annual Report
63,693 - 48 - 666 138
396 - 25 - 160 11,390
- - - - - -
- - - - - -
148 - 12 - 63 687
5,243 - 369 - 1,181 675
620,558 - 14,403 - 36,837 157,150
- - - - - -
55 - - - - 55
- - - - - -
9,621,061 - 17 - 54 1,434
20,981,571 - 305,326 - 768,925 2,743,135
161
Page 164
5.2 Disclosure of Receivables and Provision Based on Economic Sector - Consolidated with Subsidiaries
No. Portfolio Category
(1) (2)
Position as of December 31, 2023
1 Agriculture, Hunting and Forestry
2 Fishery
3 Mining and excavation
4 Manufacturing
5 Electricity, Gas and Water
6 Construction
7 Wholesale and Retail Trading
8 Accomodation and Food & Beverages Services
9 Transportation, Warehousing and Communication
10 Financial Intermediaries
11 Real Estate, Rental Business and Corporate Services
12 Government Administration, Defense and Compulsory Social Security
13 Education Services
14 Health Services and Social Services
15 Social, Socio-cultural, Entertainment and Other Personal Services
16 Personal Household Services
17 International Institutions and Other Extra International Institutions
18 Undefined Services
19 Non-Productive Sector
20 Others
Total
Position as of December 31, 2022
1 Agriculture, Hunting and Forestry
2 Fishery
3 Mining and excavation
4 Manufacturing
5 Electricity, Gas and Water
6 Construction
7 Wholesale and Retail Trading
8 Accomodation and Food & Beverages Services
9 Transportation, Warehousing and Communication
PT Bank BTPN Syariah Tbk | 2023 Annual Report
10 Financial Intermediaries
11 Real Estate, Rental Business and Corporate Services
12 Government Administration, Defense and Compulsory Social Security
13 Education Services
14 Health Services and Social Services
15 Social, Socio-cultural, Entertainment and Other Personal Services
16 Personal Household Services
17 International Institutions and Other Extra International Institutions
18 Undefined Services
19 Non-Productive Sector
20 Others
Total
162
Page 165
management discussion and analysis
(in million rupiah)
Impaired Invoice Allowance for Allowance for
Amount Written
Gross Claims impairement impairement
Off
losses - Individual losses - Collective
Not yet matured Matured
(3) (4) (5) (6) (7) (8)
1,950,967 - 34,536 - 104,135 174,174
125,842 - 2,507 - 7,182 11,153
43 - - - 38 336
928,138 - 26,052 - 73,890 156,578
- - - - - -
- - - - - -
7,597,939 - 255,340 - 966,697 3,552,526
3,194 - 156 - 2,792 61,468
413 - 31 - 394 4,808
19,733 - 302 - 374 245
165 - 6 - 159 11,363
- - - - - -
- - - - - -
53 - 2 - 40 731
1,371 - 88 - 1,287 1,637
590,081 - 15,490 - 56,859 227,938
- - - - - -
164 - - - - 54
- - - - - -
10,612,327 - 6 - 69 1,494
21,830,430 - 334,516 - 1,213,916 4,204,505
636,547 - 6,211 - 20,683 109,262
34,720 - 241 - 900 7,184
121 - 7 - 26 320
675,216 - 8,553 - 24,469 85,496
- - - - - -
- - - - - -
9,312,738 - 274,437 - 680,589 2,305,278
9,949 - 928 - 2,943 59,475
1,126 - 75 - 354 4,591
PT Bank BTPN Syariah Tbk | 2023 Annual Report
63,693 - 48 - 666 138
396 - 25 - 160 11,390
- - - - - -
- - - - - -
148 - 12 - 63 687
5,243 - 369 - 1,181 675
620,558 - 14,403 - 36,837 157,150
- - - - - -
55 - - - - 55
- - - - - -
9,933,831 - 17 - 54 1,434
21,294,341 - 305,326 - 768,925 2,743,135
163
Page 166
6.1 Disclosure of Detailed Movement of Provision for Impairment of Earning Assets - Bank Only
No. Portfolio Category
(1) (2)
1 Beginning Balance
2 Provision (recovery) for the period
2.a Provision for the period
2.b Recovery for the period
3 Write-offs for the period
4 Other provision (recovery) for the period
Ending Balance
6.2 Disclosure of Detailed Movement of Provision for Impairment of Earning Assets - Consolidated with Subsidiaries
No. Portfolio Category
(1) (2)
1 Beginning Balance
2 Provision (recovery) for the period
2.a Provision for the period
2.b Recovery for the period
3 Write-offs for the period
4 Other provision (recovery) for the period
Ending Balance
disclosure of credit risk with standard approach
The bank calculates Risk-Weighted Assets (RWA) for Credit Risk in accordance with SEOJK No. 34/
SEOJK.03/2015 concerning Calculation of Risk-Weighted Assets for Credit Risk Using the Standard
Approach for Islamic Commercial Banks, along with its amendments. RWA for Credit Risk is calculated
using the following formula:
PT Bank BTPN Syariah Tbk | 2023 Annual Report
NET RECEIVABLES X RISK WEIGHTS
Whereby the Net Receivables are:
(Booked Asset Value + Accrued Margin Income (if any)) - Allowance for Impairment Losses
164
Page 167
management discussion and analysis
(in million rupiah)
Position as of December 31, 2023 Position as of December 31, 2022
Individual impairment Collective impairment Individual impairment Collective impairment
(3) (4) (5) (6)
- 768,925 - 699,265
- 1,898,117 - 945,052
- 1,898,117 - 945,052
- - - -
- (1,501,410) - (950,224)
- 48,284 - 74,832
- 1,213,916 - 768,925
(in million rupiah)
Position as of December 31, 2023 Position as of December 31, 2022
Individual impairment Collective impairment Individual impairment Collective impairment
(3) (4) (5) (6)
- 768,925 - 699,265
- 1,898,117 - 945,052
- 1,898,117 - 945,052
- - - -
- (1,501,410) - (950,224)
- 48,284 - 74,832
- 1,213,916 - 768,925
PT Bank BTPN Syariah Tbk | 2023 Annual Report
165
Page 168
7.2 Disclosure of Net Receivables Based on Portfolio and Ranking Scale - Consolidated with Subsidiaries
Position as of December 31, 2023
Net Claims
Rating
Long-Term Rating
Agencies
Standard and
AAA AA+s.dAA- A+s.dA- BBB+ s.d BBB-
Poor's
Fitch Rating AAA AA+s.dAA- A+s.dA- BBB+ s.d BBB-
No. Portfolio Category
Moody's Aaa Aa1 s.d Aa3 A1 s.d A3 Baa1 s.d Baa3
PT. Fitch
AA+(idn) s.d A+(idn) s.d BBB+(idn) s.d
Ratings AAA (idn)
AA-(idn) A-(idn) BBB-(idn)
Indonesia
PT.
idAA+ s.d idBBB+ s.d
Pemeringkat idAAA idA+ s.d idA-
idAA- idBBB-
Efek Indonesia
(1) (2) (3) (4) (5) (6) (7)
1 Receivables on Sovereign - - - -
Receivables on Public
2 - - 456,003 -
Sector Entities
Receivables on Multilateral
3 Development Banks and - - - -
International Institutions
4 Receivables on Banks 32,879 - - -
Loans Secured by
5
Residential Property
Loans Secured by
6
Commercial Real Estate
7 Employee/Retiree Loans
Receivables on Micro, Small
8 Businesses and Retail
Portfolios
Receivables on
9 - - 19,472 -
Corporations
10 Past Due Receivables
11 Other Assets
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Total 32,879 - 475,475 -
166
Page 169
management discussion and analysis
BB+ s.d Less than Less than
BB+ s.d B- A-1 A-2 A-3
BB- B- A-3
BB+ s.d Less than Less than
BB+ s.d B- F1+ s.d F1 F2 F3
BB- B- F3
Less than Less than
Ba1 s.d Ba3 Ba1 s.d Ba3 P-1 P-2 P-3
B3 P-3 Without
Total
Rating
BB+(idn)
B+(idn) s.d Less than F1+(idn) Less than
s.d BB- F2(idn) F3(idn)
B-(idn) B-(idn) s.d F1(idn) F3(idn)
(idn)
idBB+ s.d idB+ s.d Less than Less than
idA1 idA2 idA4
idBB- idB- idB- idA4
(8) (9) (10) (11) (12) (13) (14) (15) (16)
- - - - - - - 8,295,962 8,295,962
- - - - - - - - 456,003
- - - - - - - - -
- - - 5 - - - 550,000 582,884
- -
- -
- -
10,266,790 10,266,790
- - - - - - - 19,809 39,281
32,764 32,764
956,861 956,861
PT Bank BTPN Syariah Tbk | 2023 Annual Report
- - - 5 - - - 20,122,186 20,630,545
167
Page 170
Position as of December 31, 2022
Net Claims
Rating
Long-Term Rating
Agencies
Standard and
AAA AA+s.dAA- A+s.dA- BBB+ s.d BBB-
Poor's
Fitch Rating AAA AA+s.dAA- A+s.dA- BBB+ s.d BBB-
No. Portfolio Category
Moody's Aaa Aa1 s.d Aa3 A1 s.d A3 Baa1 s.d Baa3
PT. Fitch
AA+(idn) s.d A+(idn) s.d BBB+(idn) s.d
Ratings AAA (idn)
AA-(idn) A-(idn) BBB-(idn)
Indonesia
PT.
idAA+ s.d idBBB+ s.d
Pemeringkat idAAA idA+ s.d idA-
idAA- idBBB-
Efek Indonesia
(1) (2) (3) (4) (5) (6) (7)
1 Receivables on Sovereign - - - -
Receivables on Public
2 - - 355,081 -
Sector Entities
Receivables on Multilateral
3 Development Banks and - - - -
International Institutions
4 Receivables on Banks 118,558 - - -
Loans Secured by
5
Residential Property
Loans Secured by
6
Commercial Real Estate
7 Employee/Retiree Loans
Receivables on Micro, Small
8 Businesses and Retail
Portfolios
Receivables on
9 - - 59,672 -
Corporations
10 Past Due Receivables
11 Other Assets
Total 118,558 - 414,753 -
PT Bank BTPN Syariah Tbk | 2023 Annual Report
168
Page 171
management discussion and analysis
BB+ s.d Less than Less than
BB+ s.d B- A-1 A-2 A-3
BB- B- A-3
BB+ s.d Less than Less than
BB+ s.d B- F1+ s.d F1 F2 F3
BB- B- F3
Less than Less than
Ba1 s.d Ba3 Ba1 s.d Ba3 P-1 P-2 P-3
B3 P-3 Without
Total
Rating
BB+(idn)
B+(idn) s.d Less than F1+(idn) Less than
s.d BB- F2(idn) F3(idn)
B-(idn) B-(idn) s.d F1(idn) F3(idn)
(idn)
idBB+ s.d idB+ s.d Less than Less than
idA1 idA2 idA4
idBB- idB- idB- idA4
(8) (9) (10) (11) (12) (13) (14) (15) (16)
- - - - - - - 7,544,580 7,544,580
- - - - - - - - 355,081
- - - - - - - - -
- - - 5 - - - 323,000 441,563
- -
- -
- -
10,778,015 10,778,015
- - - - - - - 20,047 79,719
39,580 39,580
1,279,434 1,279,434
- - - 5 - - - 19,984,656 20,517,972
PT Bank BTPN Syariah Tbk | 2023 Annual Report
169
Page 172
7.2 Disclosure of Net Receivables Based on Portfolio Category and Rating Scale - Bank Consolidated with Subsidiaries
Position as of December 31, 2023
Net Claims
Rating
Long-Term Rating
Agencies
Standard and
AAA AA+s.dAA- A+s.dA- BBB+ s.d BBB-
Poor's
Fitch Rating AAA AA+s.dAA- A+s.dA- BBB+ s.d BBB-
No. Portfolio Category
Moody's Aaa Aa1 s.d Aa3 A1 s.d A3 Baa1 s.d Baa3
PT. Fitch
AA+(idn) s.d A+(idn) s.d BBB+(idn) s.d
Ratings AAA (idn)
AA-(idn) A-(idn) BBB-(idn)
Indonesia
PT.
idAA+ s.d idBBB+ s.d
Pemeringkat idAAA idA+ s.d idA-
idAA- idBBB-
Efek Indonesia
(1) (2) (3) (4) (5) (6) (7)
1 Receivables on Sovereign - - - -
Receivables on Public
2 - - 456,003 -
Sector Entities
Receivables on Multilateral
3 Development Banks and - - - -
International Institutions
4 Receivables on Banks 35,283 - - -
Loans Secured by
5
Residential Property
Loans Secured by
6
Commercial Real Estate
7 Employee/Retiree Loans
Receivables on Micro, Small
8 Businesses and Retail
Portfolios
Receivables on
9 - - 19,472 -
Corporations
10 Past Due Receivables
11 Other Assets
Total 35,283 - 475,475 -
PT Bank BTPN Syariah Tbk | 2023 Annual Report
170
Page 173
management discussion and analysis
BB+ s.d Less than Less than
BB+ s.d B- A-1 A-2 A-3
BB- B- A-3
BB+ s.d Less than Less than
BB+ s.d B- F1+ s.d F1 F2 F3
BB- B- F3
Less than Less than
Ba1 s.d Ba3 Ba1 s.d Ba3 P-1 P-2 P-3
B3 P-3 Without
Total
Rating
BB+(idn)
B+(idn) s.d Less than F1+(idn) Less than
s.d BB- F2(idn) F3(idn)
B-(idn) B-(idn) s.d F1(idn) F3(idn)
(idn)
idBB+ s.d idB+ s.d Less than Less than
idA1 idA2 idA4
idBB- idB- idB- idA4
(8) (9) (10) (11) (12) (13) (14) (15) (16)
- - - - - - - 8,295,962 8,295,962
- - - - - - - - 456,003
- - - - - - - - -
- - - 5 - - - 788,000 823,288
- -
- -
- -
10,266,790 10,266,790
- - - - - - - 99,873 119,345
32,764 32,764
956,878 956,878
- - - 5 - - - 20,440,267 20,951,030
PT Bank BTPN Syariah Tbk | 2023 Annual Report
171
Page 174
Position as of December 31, 2022
Net Claims
Rating
Long-Term Rating
Agencies
Standard and
AAA AA+s.dAA- A+s.dA- BBB+ s.d BBB-
Poor's
Fitch Rating AAA AA+s.dAA- A+s.dA- BBB+ s.d BBB-
No. Portfolio Category
Moody's Aaa Aa1 s.d Aa3 A1 s.d A3 Baa1 s.d Baa3
PT. Fitch
AA+(idn) s.d A+(idn) s.d BBB+(idn) s.d
Ratings AAA (idn)
AA-(idn) A-(idn) BBB-(idn)
Indonesia
PT.
idAA+ s.d idBBB+ s.d
Pemeringkat idAAA idA+ s.d idA-
idAA- idBBB-
Efek Indonesia
(1) (2) (3) (4) (5) (6) (7)
1 Receivables on Sovereign - - - -
Receivables on Public
2 - - 355,081 -
Sector Entities
Receivables on Multilateral
3 Development Banks and - - - -
International Institutions
4 Receivables on Banks 119,877 - - -
Loans Secured by
5
Residential Property
Loans Secured by
6
Commercial Real Estate
7 Employee/Retiree Loans
Receivables on Micro, Small
8 Businesses and Retail
Portfolios
Receivables on
9 - - 59,672 -
Corporations
10 Past Due Receivables
11 Other Assets
Total 119,877 - 414,753 -
disclosure of counterparty credit risk
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Credit risk arising from counterparty failure at the Bank involves the risk of counterparty defaulting on a
contract with the Bank, where there is potential loss for the Bank if the contract is altered. Counterparty
credit risk generally arises from transactions such as fx swaps, repo/reverse repo.
In the counterparty selection process, the Bank conducts analysis based on a scoring system to ensure the
counterparty has the capacity to make payments. The scoring results are then periodically reviewed using
current data to ensure the validity of the generated scores.
172
Page 175
management discussion and analysis
BB+ s.d Less than Less than
BB+ s.d B- A-1 A-2 A-3
BB- B- A-3
BB+ s.d Less than Less than
BB+ s.d B- F1+ s.d F1 F2 F3
BB- B- F3
Less than Less than
Ba1 s.d Ba3 Ba1 s.d Ba3 P-1 P-2 P-3
B3 P-3 Without
Total
Rating
BB+(idn)
B+(idn) s.d Less than F1+(idn) Less than
s.d BB- F2(idn) F3(idn)
B-(idn) B-(idn) s.d F1(idn) F3(idn)
(idn)
idBB+ s.d idB+ s.d Less than Less than
idA1 idA2 idA4
idBB- idB- idB- idA4
(8) (9) (10) (11) (12) (13) (14) (15) (16)
- - - - - - - 7,544,580 7,544,580
- - - - - - - - 355,081
- - - - - - - - -
- - - 5 - - - 553,500 673,382
- -
- -
- -
10,778,015 10,778,015
- - - - - - - 100,998 160,670
39,580 39,580
1,279,434 1,279,434
- - - 5 - - - 20,296,107 20,830,742
PT Bank BTPN Syariah Tbk | 2023 Annual Report
173
Page 176
8.1 Disclosure of Counterparty Credit Risk - Bank Only
(1) Sharia Over the Counter Derivates Transaction
Position as of December 31, 2023
Nototional Value Sharia Sharia
No. Underlying Variables Net Claims
> 1 Year Derivatives Derivatives CRM
< 1 Year > 5 Years before CRM
to 5 Years Assets Liabilities
Shariah Compliant
1 - - - - - - -
Profit Rate Swap
Shariah Compliant
2 Foreign Currency - - - - - - -
Swap
3 Others - - - - - - -
Total - - - - - - -
(2) Repo Transactions
No. Portfolio Category
(1) (2)
1 Receivables on Sovereign
2 Receivables on Public Sector Entities
3 Receivables on Multilateral Development Banks and International Institutions
4 Receivables on Banks
5 Receivables on Micro, Small Businesses and Retail Portfolios
6 Receivables on Corporations
Total
(3) Reverse Repo Transaction
No. Portfolio Category
(1) (2)
1 Receivables on Sovereign
2 Receivables on Public Sector Entities
3 Receivables on Multilateral Development Banks and International Institutions
4 Receivables on Banks
5 Receivables on Micro, Small Businesses and Retail Portfolios
6 Receivables on Corporations
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Total
174
Page 177
management discussion and analysis
(in million rupiah)
Position as of December 31, 2022
Nototional Value Sharia Sharia Net
Net Claims Net Claims
> 1 Year to Derivatives Derivatives CRM Claims
post CRM > 5 Years before CRM
5 Years Assets Liabilities post CRM
- - - - - - - - -
- - - - - - - - -
- - - - - - - - -
- - - - - - - - -
(in million rupiah)
Position as of December 31, 2023 Position as of December 31, 2022
SSB Repo Fair Repo SSB Repo Fair Repo
Net Claims RWA Net Claims RWA
Value Liabilities Value Liabilities
(3) (4) (5) (6) (7) (8) (9) (10)
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - -
(in million rupiah)
Position as of December 31, 2023 Position as of December 31, 2022
SSB Repo Fair Repo SSB Repo Fair Repo
Net Claims RWA Net Claims RWA
Value Liabilities Value Liabilities
(3) (4) (5) (6) (7) (8) (9) (10)
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
PT Bank BTPN Syariah Tbk | 2023 Annual Report
- - - - - - - -
175
Page 178
8.2 Disclosure of Counterparty Credit Risk - Bank Consolidated with Subsidiaries
(1) Sharia Over the Counter Derivates Transaction
Position as of December 31, 2023
Nototional Value Sharia Sharia
No. Underlying Variables Net Claims
> 1 Year Derivatives Derivatives CRM
< 1 Year > 5 Years before CRM
to 5 Years Assets Liabilities
Shariah Compliant
1 - - - - - - -
Profit Rate Swap
Shariah Compliant
2 Foreign Currency - - - - - - -
Swap
3 Lainnya - - - - - - -
Total - - - - - - -
(2) Repo Transactions
No. Portfolio Category
(1) (2)
1 Receivables on Sovereign
2 Receivables on Public Sector Entities
3 Receivables on Multilateral Development Banks and International Institutions
4 Receivables on Banks
5 Receivables on Micro, Small Businesses and Retail Portfolios
6 Receivables on Corporations
Total
(3) Reverse Repo Transaction
No. Portfolio Category
(1) (2)
1 Receivables on Sovereign
2 Receivables on Public Sector Entities
3 Receivables on Multilateral Development Banks and International Institutions
4 Receivables on Banks
5 Receivables on Micro, Small Businesses and Retail Portfolios
6 Receivables on Corporations
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Total
176
Page 179
management discussion and analysis
(in million rupiah)
Position as of December 31, 2022
Nototional Value Sharia Sharia Net
Net Claims Net Claims
> 1 Year to Derivatives Derivatives CRM Claims
post CRM > 5 Years before CRM
5 Years Assets Liabilities post CRM
- - - - - - - - -
- - - - - - - - -
- - - - - - - - -
- - - - - - - - -
(in million rupiah)
Position as of December 31, 2023 Position as of December 31, 2022
SSB Repo Fair Repo SSB Repo Fair Repo
Net Claims RWA Net Claims RWA
Value Liabilities Value Liabilities
(3) (4) (5) (6) (7) (8) (9) (10)
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - -
(in million rupiah)
Position as of December 31, 2023 Position as of December 31, 2022
SSB Repo Fair Repo SSB Repo Fair Repo
Net Claims RWA Net Claims RWA
Value Liabilities Value Liabilities
(3) (4) (5) (6) (7) (8) (9) (10)
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
PT Bank BTPN Syariah Tbk | 2023 Annual Report
- - - - - - - -
177
Page 180
9.1 Disclosure of Net Receivables Based on Risk Weight after Calculating the Impact of Credit Risk
Mitigation - Bank Only
Position as of December 31, 2023
Net Claims Post Credit Risk Mitigation
No. Portfolio Category
0% 20% 35% 40%
(1) (2) (3) (4) (5) (6)
A Balance Sheet Exposure
1 Receivables on Sovereign 8,295,962 - - -
2 Receivables on Public Sector Entities - - - -
Receivables on Multilateral Development Banks
3 - - - -
and International Institutions
4 Receivables on Banks - 582,884 - -
5 Loans Secured by Residential Property - - - -
6 Loans Secured by Commercial Real Estate - - - -
7 Employee/Retiree Loans - - - -
Receivables on Micro, Small Businesses and Retail
8 - 185,188 - -
Portfolios
9 Receivables on Corporations 39,281 - - -
10 Past Due Receivables - - - -
11 Other Assets 497,153 - - -
Total Balance Sheet Exposure 8,832,396 768,072 - -
B Off-Balance Sheet Exposure
1 Receivables on Sovereign - - - -
2 Receivables on Public Sector Entities - - - -
Receivables on Multilateral Development Banks
3 - - - -
and International Institutions
4 Receivables on Banks - - - -
5 Loans Secured by Residential Property - - - -
6 Loans Secured by Commercial Real Estate - - - -
7 Employee/Retiree Loans - - - -
Receivables on Micro, Small Businesses and Retail
8 - - - -
Portfolios
9 Receivables on Corporations - - - -
10 Past Due Receivables - - - -
Total Off-Balance Sheet Exposure - - - -
C Counterparty Credit Risk Exposure
1 Receivables on Sovereign - - - -
PT Bank BTPN Syariah Tbk | 2023 Annual Report
2 Receivables on Public Sector Entities - - - -
Receivables on Multilateral Development Banks
3 - - - -
and International Institutions
4 Receivables on Banks - - - -
Receivables on Micro, Small Businesses and Retail
5 - - - -
Portfolios
6 Receivables on Corporations - - - -
Total Counterparty Credit Risk Exposure - - - -
178
Page 181
management discussion and analysis
Capital
RWA
Charge
45% 50% 75% 100% 150% Others
(7) (8) (9) (10) (11) (12) (13) (14)
- - - - - - - -
- 456,003 - - - - 228,002 18,240
- - - - - - - -
- - - - - - 116,577 9,326
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - 10,081,602 - - - 7,598,239 607,859
- - - - - - - -
- - - 32,764 - - 32,764 2,621
- - - 459,706 - - 459,707 36,777
- 456,003 10,081,602 492,470 - - 8,435,289 674,823
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
PT Bank BTPN Syariah Tbk | 2023 Annual Report
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
179
Page 182
Position as of December 31, 2022
Net Claims Post Credit Risk Mitigation
No. Portfolio Category
0% 20% 35% 40%
(1) (2) (3) (4) (5) (6)
A Balance Sheet Exposure
1 Receivables on Sovereign 7,544,580 - - -
2 Receivables on Public Sector Entities - - - -
Receivables on Multilateral Development Banks
3 - - - -
and International Institutions
4 Receivables on Banks - 441,563 - -
5 Loans Secured by Residential Property - - - -
6 Loans Secured by Commercial Real Estate - - - -
7 Employee/Retiree Loans - - - -
Receivables on Micro, Small Businesses and Retail
8 - 2,001,471 - -
Portfolios
9 Receivables on Corporations 59,672 - - -
10 Past Due Receivables - - - -
11 Other Assets 729,843 - - -
Total Balance Sheet Exposure 8,334,095 2,443,034 - -
B Off-Balance Sheet Exposure
1 Receivables on Sovereign - - - -
2 Receivables on Public Sector Entities - - - -
Receivables on Multilateral Development Banks
3 - - - -
and International Institutions
4 Receivables on Banks - - - -
5 Loans Secured by Residential Property - - - -
6 Loans Secured by Commercial Real Estate - - - -
7 Employee/Retiree Loans - - - -
Receivables on Micro, Small Businesses and Retail
8 - - - -
Portfolios
9 Receivables on Corporations - - - -
10 Past Due Receivables - - - -
Total Off-Balance Sheet Exposure - - - -
C Counterparty Credit Risk Exposure
1 Receivables on Sovereign - - - -
2 Receivables on Public Sector Entities - - - -
Receivables on Multilateral Development Banks
3 - - - -
and International Institutions
PT Bank BTPN Syariah Tbk | 2023 Annual Report
4 Receivables on Banks - - - -
Receivables on Micro, Small Businesses and Retail
5 - - - -
Portfolios
6 Receivables on Corporations - - - -
Total Counterparty Credit Risk Exposure - - - -
180
Page 183
management discussion and analysis
Capital
RWA
Charge
45% 50% 75% 100% 150% Others
(7) (8) (9) (10) (11) (12) (13) (14)
- - - - - - - -
- 355,081 - - - - 177,541 14,203
- - - - - - - -
- - - - - - 88,313 7,065
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - 8,776,544 - - - 6,982,702 558,616
- - - 20,047 - - 20,047 1,604
- - - 39,580 - - 39,580 3,166
- - - 549,591 - - 549,591 43,967
- 355,081 8,776,544 609,218 - - 7,857,774 628,622
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
PT Bank BTPN Syariah Tbk | 2023 Annual Report
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
181
Page 184
9.2 Disclosure of Net Receivables Based on Risk Weight after Calculating the Impact of Credit Risk
Mitigation - Consolidated with Subsidiaries
Position as of December 31, 2023
Net Claims Post Credit Risk Mitigation
No. Portfolio Category
0% 20% 35% 40%
(1) (2) (3) (4) (5) (6)
A Balance Sheet Exposure
1 Receivables on Sovereign 8,295,962 - - -
2 Receivables on Public Sector Entities - - - -
Receivables on Multilateral Development Banks
3 - - - -
and International Institutions
4 Receivables on Banks - 823,288 - -
5 Loans Secured by Residential Property - - - -
6 Loans Secured by Commercial Real Estate - - - -
7 Employee/Retiree Loans - - - -
Receivables on Micro, Small Businesses and Retail
8 - 185,188 - -
Portfolios
9 Receivables on Corporations 39,282 - - -
10 Past Due Receivables - - - -
11 Other Assets 497,153 - - -
Total Balance Sheet Exposure 8,832,397 1,008,476 - -
B Off-Balance Sheet Exposure
1 Receivables on Sovereign - - - -
2 Receivables on Public Sector Entities - - - -
Receivables on Multilateral Development Banks
3 - - - -
and International Institutions
4 Receivables on Banks - - - -
5 Loans Secured by Residential Property - - - -
6 Loans Secured by Commercial Real Estate - - - -
7 Employee/Retiree Loans - - - -
Receivables on Micro, Small Businesses and Retail
8 - - - -
Portfolios
9 Receivables on Corporations - - - -
10 Past Due Receivables - - - -
Total Off-Balance Sheet Exposure - - - -
C Counterparty Credit Risk Exposure
1 Receivables on Sovereign - - - -
2 Receivables on Public Sector Entities - - - -
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Receivables on Multilateral Development Banks
3 - - - -
and International Institutions
4 Receivables on Banks - - - -
Receivables on Micro, Small Businesses and Retail
5 - - - -
Portfolios
6 Receivables on Corporations - - - -
Total Counterparty Credit Risk Exposure - - - -
182
Page 185
management discussion and analysis
Capital
RWA
Charge
45% 50% 75% 100% 150% Others
(7) (8) (9) (10) (11) (12) (13) (14)
- - - - - - - -
- 456,003 - - - - 228,002 18,240
- - - - - - - -
- - - - - - 164,658 13,173
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - 10,081,602 - - - 7,598,239 607,859
- - - 80,063 - - 80,063 6,405
- - - 32,764 - - 32,764 2,621
- - - 459,725 - - 459,724 36,778
- 456,003 10,081,602 572,552 - - 8,563,450 685,076
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
PT Bank BTPN Syariah Tbk | 2023 Annual Report
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
183
Page 186
Position as of December 31, 2022
Net Claims Post Credit Risk Mitigation
No. Portfolio Category
0% 20% 35% 40%
(1) (2) (3) (4) (5) (6)
A Balance Sheet Exposure
1 Receivables on Sovereign 7,544,580 - - -
2 Receivables on Public Sector Entities - - - -
Receivables on Multilateral Development Banks
3 - - - -
and International Institutions
4 Receivables on Banks - 673,382 - -
5 Loans Secured by Residential Property - - - -
6 Loans Secured by Commercial Real Estate - - - -
7 Employee/Retiree Loans - - - -
Receivables on Micro, Small Businesses and Retail
8 - 2,001,471 - -
Portfolios
9 Receivables on Corporations 59,672 - - -
10 Past Due Receivables - - - -
11 Other Assets 729,843 - - -
Total Balance Sheet Exposure 8,334,095 2,674,853 - -
B Off-Balance Sheet Exposure
1 Receivables on Sovereign - - - -
2 Receivables on Public Sector Entities - - - -
Receivables on Multilateral Development Banks
3 - - - -
and International Institutions
4 Receivables on Banks - - - -
5 Loans Secured by Residential Property - - - -
6 Loans Secured by Commercial Real Estate - - - -
7 Employee/Retiree Loans - - - -
Receivables on Micro, Small Businesses and Retail
8 - - - -
Portfolios
9 Receivables on Corporations - - - -
10 Past Due Receivables - - - -
Total Off-Balance Sheet Exposure - - - -
C Counterparty Credit Risk Exposure
1 Receivables on Sovereign - - - -
2 Receivables on Public Sector Entities - - - -
Receivables on Multilateral Development Banks
3 - - - -
and International Institutions
PT Bank BTPN Syariah Tbk | 2023 Annual Report
4 Receivables on Banks - - - -
Receivables on Micro, Small Businesses and Retail
5 - - - -
Portfolios
6 Receivables on Corporations - - - -
Total Counterparty Credit Risk Exposure - - - -
184
Page 187
management discussion and analysis
Capital
RWA
Charge
45% 50% 75% 100% 150% Others
(7) (8) (9) (10) (11) (12) (13) (14)
- - - - - - - -
- 355,081 - - - - 177,541 14,203
- - - - - - - -
- - - - - - 134,676 10,774
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - 8,776,545 - - - 6,982,702 558,616
- - - 100,998 - - 100,998 8,080
- - - 39,579 - - 39,580 3,166
- - - 549,591 - - 549,591 43,967
- 355,081 8,776,545 690,168 - - 7,985,088 638,807
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
PT Bank BTPN Syariah Tbk | 2023 Annual Report
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
185
Page 188
10.1 Disclosure of Net Receivables and Credit Risk Mitigation Technique - Bank Only
Position as of December 31, 2023
Claims Guaranteed by
No. Portfolio Category
Net Claims Guaranteed Credit
Collateral
Letter Insurance
(1) (2) (3) (4) (5) (6)
A Balance Sheet Exposure
1 Receivables on Sovereign 8,295,962 - - -
2 Receivables on Public Sector Entities 456,003 - - -
Receivables on Multilateral Development Banks and
3 - - - -
International Institutions
4 Receivables on Banks 582,884 - - -
5 Loans Secured by Residential Property - - - -
6 Loans Secured by Commercial Real Estate - - - -
7 Employee/Retiree Loans - - - -
Receivables on Micro, Small Businesses and Retail
8 10,266,790 - - 185,188
Portfolios
9 Receivables on Corporations 39,281 39,281 - -
10 Past Due Receivables 32,764 - - -
11 Other Assets 956,861 - - -
Total Balance Sheet Exposure 20,630,545 39,281 - 185,188
B Off-Balance Sheet Exposure
1 Receivables on Sovereign - - - -
2 Receivables on Public Sector Entities - - - -
Receivables on Multilateral Development Banks and
3 - - - -
International Institutions
4 Receivables on Banks - - - -
5 Loans Secured by Residential Property - - - -
6 Loans Secured by Commercial Real Estate - - - -
7 Employee/Retiree Loans - - - -
Receivables on Micro, Small Businesses and Retail
8 - - - -
Portfolios
9 Receivables on Corporations - - - -
10 Past Due Receivables - - - -
Total Off-Balance Sheet Exposure - - - -
C Counterparty Credit Risk Exposure
1 Receivables on Sovereign - - - -
2 Receivables on Public Sector Entities - - - -
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Receivables on Multilateral Development Banks and
3 - - - -
International Institutions
4 Receivables on Banks - - - -
Receivables on Micro, Small Businesses and Retail
5 - - - -
Portfolios
6 Receivables on Corporations - - - -
Total Counterparty Credit Risk Exposure - - - -
Total (A+B+C) 20.630.545 39.281 - 185.188
186
Page 189
management discussion and analysis
Position as of December 31, 2022
Claims Guaranteed by
Claims Not Claims Not
Net Claims Guaranteed Credit
Others Guaranteed Collateral Others Guaranteed
Letter Insurance
(8)=(3)-[(4)+(5) (14)=(9)[ (10)+(11)
(7) (9) (10) (11) (12) (13)
+(6)+(7)] +(12)+(13)]
8,295,962 7,544,580 - - - 7,544,580
456,003 355,081 - - - 355,081
- - - - - -
582,884 441,563 - - - 441,563
- - - - - -
- - - - - -
- - - - - -
10,081,602 10,778,015 - - 2,001,471 8,776,544
- 79,719 59,673 - - 20,046
32,764 39,580 - - - 39,580
- 956,861 1,279,434 - - - 1,279,434
- 20,406,076 20,517,972 59,673 - 2,001,471 - 18,456,828
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - - - -
- - - - - -
- - - - - -
PT Bank BTPN Syariah Tbk | 2023 Annual Report
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - - - -
- 20.406.076 20.517.972 59.673 - 2.001.471 - 18.456.828
187
Page 190
10.2 Disclosure of Net Receivables and Credit Risk Mitigation Technique - Consolidated with Subsidiaries
Position as of December 31, 2023
Claims Guaranteed by
No. Portfolio Category
Net Claims Guaranteed Credit
Collateral
Letter Insurance
(1) (2) (3) (4) (5) (6)
A Balance Sheet Exposure
1 Receivables on Sovereign 8,295,962 - - -
2 Receivables on Public Sector Entities 456,003 - - -
Receivables on Multilateral Development Banks and
3 - - - -
International Institutions
4 Receivables on Banks 823,288 - - -
5 Loans Secured by Residential Property - - - -
6 Loans Secured by Commercial Real Estate - - - -
7 Employee/Retiree Loans - - - -
Receivables on Micro, Small Businesses and Retail
8 10,266,790 - - 185,188
Portfolios
9 Receivables on Corporations 119,345 39,281 - -
10 Past Due Receivables 32,764 - - -
11 Other Assets 956,878 - - -
Total Balance Sheet Exposure 20,951,030 39,281 - 185,188
B Off-Balance Sheet Exposure
1 Receivables on Sovereign - - - -
2 Receivables on Public Sector Entities - - - -
Receivables on Multilateral Development Banks and
3 - - - -
International Institutions
4 Receivables on Banks - - - -
5 Loans Secured by Residential Property - - - -
6 Loans Secured by Commercial Real Estate - - - -
7 Employee/Retiree Loans - - - -
Receivables on Micro, Small Businesses and Retail
8 - - - -
Portfolios
9 Receivables on Corporations - - - -
10 Past Due Receivables - - - -
Total Off-Balance Sheet Exposure - - - -
C Counterparty Credit Risk Exposure
1 Receivables on Sovereign - - - -
2 Receivables on Public Sector Entities - - - -
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Receivables on Multilateral Development Banks and
3 - - - -
International Institutions
4 Receivables on Banks - - - -
Receivables on Micro, Small Businesses and Retail
5 - - - -
Portfolios
6 Receivables on Corporations - - - -
Total Counterparty Credit Risk Exposure - - - -
Total (A+B+C) 20,951,030 39,281 - 185,188
188
Page 191
management discussion and analysis
Position as of December 31, 2022
Claims Guaranteed by
Claims Not Claims Not
Net Claims Guaranteed Credit
Others Guaranteed Collateral Others Guaranteed
Letter Insurance
(8)=(3)-[(4)+(5) (14)=(9)[ (10)+(11)
(7) (9) (10) (11) (12) (13)
+(6)+(7)] +(12)+(13)]
8,295,962 7,544,580 - - - 7,544,580
456,003 355,081 - - - 355,081
- - - - - -
823,288 673,382 - - - 673,382
- - - - - -
- - - - - -
- - - - - -
10,081,602 10,778,015 - - 2,001,471 8,776,544
80,064 160,670 59,673 - - 100,997
32,764 39,580 - - - 39,580
956,878 1,279,434 - - - 1,279,434
- 20,726,561 20,830,742 59,673 - 2,001,471 - 18,769,598
-
-
-
-
-
-
-
-
-
-
- -
-
-
PT Bank BTPN Syariah Tbk | 2023 Annual Report
-
-
-
-
- -
- 20,726,561 20,830,742 59,673 - 2,001,471 - 18,769,598
189
Page 192
13.1 Disclosure of the Calculation of Risk Weighted Average (RWA) Credit Risk - Individual Bank
(1) Assets Exposure on the Statement of Financial Position
(in million rupiah)
Position as of December 31, 2023 Position as of December 31, 2022
No. Portfolio Category Pre-CRM Post-CRM Pre-CRM Post-CRM
Net Claims Net Claims
WRA WRA WRA WRA
(1) (2) (3) (4) (5) (6) (7) (8)
Receivables on
1 8,295,962 - - 7,544,580 - -
Sovereigns
Receivables on Public
2 456,003 228,002 228,002 355,081 177,541 177,541
Sector Entities
Receivables on
Multilateral
3 - - - - - -
Development Banks and
International Institutions
4 Receivables on Banks 582,884 116,577 116,577 441,563 88,313 88,313
Loans Secured by
5 - - - - - -
Residential Property
Loans Secured by
6 - - - - - -
Commercial Real Estate
7 Employee/Retiree Loans - - - - - -
Receivables on Micro,
8 Small Businesses and 10,266,791 7,700,093 7,598,240 10,778,015 8,083,510 6,982,701
Retail Portfolios
Receivables on
9 39,281 29,545 - 79,719 49,883 20,047
Corporations
10 Past Due Receivables 32,764 32,764 32,764 39,580 39,580 39,580
11 Other Assets 956,859 - 459,706 1,279,434 - 549,591
Total 20,630,544 8,106,981 8,435,289 20,517,972 8,438,827 7,857,773
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management discussion and analysis
(2) Exposure to Commitment and Contigencies Receivables in the Commitment and Contigencies Report
(in million rupiah)
Position as of December 31, 2023 Position as of December 31, 2022
No. Portfolio Category Pre-CRM Post-CRM Pre-CRM Post-CRM
Net Claims Net Claims
WRA WRA WRA WRA
(1) (2) (3) (4) (5) (6) (7) (8)
Receivables on
1 - - - - - -
Sovereigns
Receivables on Public
2 - - - - - -
Sector Entities
Receivables on
Multilateral
3 - - - - - -
Development Banks and
International Institutions
4 Receivables on Banks - - - - - -
Loans Secured by
5 - - - - - -
Residential Property
Loans Secured by
6 - - - - - -
Commercial Real Estate
7 Employee/Retiree Loans - - - - - -
Receivables on Micro,
8 Small Businesses and - - - - - -
Retail Portfolios
Receivables on
9 - - - - - -
Corporations
10 Past Due Receivables - - - - - -
Total - - - - - -
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(3) Exposure to Counterparty Credit Risk
(in million rupiah)
Position as of December 31, 2023 Position as of December 31, 2022
No. Portfolio Category Pre-CRM Post-CRM Pre-CRM Post-CRM
Net Claims Net Claims
WRA WRA WRA WRA
(1) (2) (3) (4) (5) (6) (7) (8)
Receivables on
1 - - - - - -
Sovereigns
Receivables on Public
2 - - - - - -
Sector Entities
Receivables on
Multilateral
3 - - - - - -
Development Banks and
International Institutions
4 Receivables on Banks - - - - - -
Receivables on Micro,
5 Small Businesses and - - - - - -
Retail Portfolios
Receivables on
6 - - - - - -
Corporations
Total - - - - - -
(4) Exposure on Settlement Risk
(in million rupiah)
Position as of December 31, 2023 Position as of December 31, 2022
No. Portfolio Category Pre-CRM Post-CRM Pre-CRM Post-CRM
Net Claims Net Claims
WRA WRA WRA WRA
(1) (2) (3) (4) (5) (6) (7) (8)
1 Delivery versus payment - - - - - -
a. 8% capital charge (5-
- - - - - -
15 days)
b. 50% capital charge
- - - - - -
(16-30 days)
c. 75% capital charge
- - - - - -
(31-45 days)
d. 100% capital charge
- - - - - -
(more than 45 days)
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Non-delivery versus
2 - - - - - -
payment
Total - - - - - -
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management discussion and analysis
(5) Securitization Exposure
(in million rupiah)
Position as of Position as of
December 31, 2023 December 31, 2022
No. Portfolio Category Capital Capital
Post-CRM Post-CRM
Deduction Deduction
RWA RWA
Factor Factor
(1) (2) (3) (4) (5) (6)
1 Eligible credit facility - - - -
2 Non-eligible credit facility - - - -
3 Eligible liquidity facility - -
4 Non-eligible liquidity facility - - - -
5 Eligible Asset-Backed Securities purchases - - - -
6 Non-eligible Asset-Backed Securities purchases - - - -
Other securitization exposure which not
included in Bank Indonesia regulation regarding
7 - -
prudent principles in undergoing assets
securitization activities in banking industries
Total - - - -
(6) Total Credir Risk Exposure
(in million rupiah)
Position as of Position as of
No. Portfolio Category
December 31, 2023 December 31, 2022
1 Total Credit Risk RWA 8,435,289 7,857,773
2 Total Capital Deduction Factor - -
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13.2 Disclosure of the Calculation of Risk Weighted Average (RWA) Credit Risk -
Consolidated with Subsidiaries
(1) Assets Exposure on the Statement of Financial Position
(in million rupiah)
Position as of December 31, 2023 Position as of December 31, 2022
No. Portfolio Category Pre-CRM Post-CRM Pre-CRM Post-CRM
Net Claims Net Claims
WRA WRA WRA WRA
(1) (2) (3) (4) (5) (6) (7) (8)
Receivables on
1 8,295,962 - - 7,544,580 - -
Sovereigns
Receivables on Public
2 456,003 228,002 228,002 355,081 177,541 177,541
Sector Entities
Receivables on
Multilateral
3 - - - - - -
Development Banks and
International Institutions
4 Receivables on Banks 823,288 164,658 164,658 673,382 134,676 134,676
Loans Secured by
5 - - - - - -
Residential Property
Loans Secured by
6 - - - - - -
Commercial Real Estate
7 Employee/Retiree Loans - - - - - -
Receivables on Micro,
8 Small Businesses and 10,266,791 7,700,093 7,598,239 10,778,015 8,083,511 6,982,702
Retail Portfolios
Receivables on
9 119,345 109,609 80,063 160,670 130,834 100,998
Corporations
10 Past Due Receivables 32,764 32,764 32,764 39,580 39,580 39,580
11 Other Assets 956,877 - 459,724 1,279,434 - 549,591
Total 20,951,030 8,235,126 8,563,450 20,830,742 8,566,142 7,985,088
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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management discussion and analysis
(2) Exposure to Commitment and Contigencies Receivables in the Commitment and Contigencies Report
(in million rupiah)
Position as of December 31, 2023 Position as of December 31, 2022
No. Portfolio Category Pre-CRM Post-CRM Pre-CRM Post-CRM
Net Claims Net Claims
WRA WRA WRA WRA
(1) (2) (3) (4) (5) (6) (7) (8)
Receivables on
1 - - - - - -
Sovereigns
Receivables on Public
2 - - - - - -
Sector Entities
Receivables on
Multilateral
3 - - - - - -
Development Banks and
International Institutions
4 Receivables on Banks - - - - - -
Loans Secured by
5 - - - - - -
Residential Property
Loans Secured by
6 - - - - - -
Commercial Real Estate
7 Employee/Retiree Loans - - - - - -
Receivables on Micro,
8 Small Businesses and - - - - - -
Retail Portfolios
Receivables on
9 - - - - - -
Corporations
10 Past Due Receivables - - - - - -
Total - - - - - -
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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(3) Exposure to Counterparty Credit Risk
(in million rupiah)
Position as of December 31, 2023 Position as of December 31, 2022
No. Portfolio Category Pre-CRM Post-CRM Pre-CRM Post-CRM
Net Claims Net Claims
WRA WRA WRA WRA
(1) (2) (3) (4) (5) (6) (7) (8)
Receivables on
1 - - - - - -
Sovereigns
Receivables on Public
2 - - - - - -
Sector Entities
Receivables on
Multilateral
3 - - - - - -
Development Banks and
International Institutions
4 Receivables on Banks - - - - - -
Receivables on Micro,
5 Small Businesses and - - - - - -
Retail Portfolios
Receivables on
6 - - - - - -
Corporations
Total - - - - - -
(4) Exposure on Settlement Risk
(in million rupiah)
Position as of December 31, 2023 Position as of December 31, 2022
No. Portfolio Category Pre-CRM Post-CRM Pre-CRM Post-CRM
Net Claims Net Claims
WRA WRA WRA WRA
(1) (2) (3) (4) (5) (6) (7) (8)
1 Delivery versus payment - - - - - -
a. 8% capital charge (5-
- - - - - -
15 days)
b. 50% capital charge
- - - - - -
(16-30 days)
c. 75% capital charge
- - - - - -
(31-45 days)
d. 100% capital charge
- - - - - -
(more than 45 days)
Non-delivery versus
2 - - - - - -
payment
Total - - - - - -
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management discussion and analysis
(5) Securitization Exposure
(in million rupiah)
Position as of Position as of
December 31, 2023 December 31, 2022
No. Portfolio Category Capital Capital
Post-CRM Post-CRM
Deduction Deduction
RWA RWA
Factor Factor
(1) (2) (3) (4) (5) (6)
1 Eligible credit facility - - - -
2 Non-eligible credit facility - - - -
3 Eligible liquidity facility - -
4 Non-eligible liquidity facility - - - -
5 Eligible Asset-Backed Securities purchases - - - -
6 Non-eligible Asset-Backed Securities purchases - - - -
Other securitization exposure which not
included in Bank Indonesia regulation regarding
7 - -
prudent principles in undergoing assets
securitization activities in banking industries
Total - - - -
(6) Total credit Risk Exposure
(in million rupiah)
Position as of Position as of
No. Portfolio Category
December 31, 2023 December 31, 2022
1 Total Credit Risk RWA 8,563,451 7,985,088
2 Total Capital Deduction Factor - -
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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2. market risk
Market Risk is the risk that arises from the positions of assets, liabilities, and/or equity, due to changes
in market prices that can affect the Bank's objectives. The Bank has adequate policies and procedures
related to the key principles of the market risk management framework. Market risk management applied
by the Bank includes measurement and monitoring of changes in benchmark rates in the banking book
portfolio, in line with the Bank's current activities. Managing the banking book benchmark rates is part of
the overall Assets and Liabilities Management of the Bank and has been adjusted to the Bank's business
conditions.
The Bank has also established policies and procedures regarding the separation of duties, responsibilities,
and authorities between the Treasury & FI unit, which collects and provides information on transactions
and business volumes, and the Risk Management Unit, which identifies, manages, and monitors
potential market risks. Limit setting and risk tolerances are well-documented in Liquidity and Market
Risk Management Policies, as well as Market Risk Management SOPs. Market risk-related policies and
guidelines are periodically reviewed to ensure their relevance to the Bank's business activities, compliance
with regulatory requirements, and Sharia principles.
adequacy of risk identification, measurement, monitoring, and control processes, and risk management
information systems
The Bank consistently identifies, measures, manages, and monitors market risks arising from its business
activities, both potential risks under normal conditions and special conditions. The identification of
benchmark rate risks begins with analyzing potential risk sources in all rate-sensitive Bank instruments,
both in asset and liability positions, as well as off-balance sheet items that could cause Bank income and
economic value losses. The banking book exposure of the Bank's assets and liabilities is measured using
sensitivity analysis based on the benchmark rate adjustment profile, known as the Repricing Gap Profile.
The Repricing Gap Profile method is used by the Bank to measure the banking book benchmark rate from
two perspectives:
a. Income perspective, involving: Net Income Projection Calculation
b. Economic Value perspective, involving: EVE (Economic Value of Equity) Calculation
c. As part of market risk monitoring against the value of securities held, the Bank also conducts a
revaluation process through Mark to Market. Every month, the Bank monitors the Net Income
Projection and EVE measurement, and the securities' value through the Mark to Market process, which
is then reported in ALCO and related committee meetings.
internal control system
The internal control process for market risk focuses on measuring resilience to losses under stressed
market conditions. Stress test scenarios are conducted on changes in market interest rates, allowing
the Bank to assess their impact on income. If there are discrepancies or breaches in the tolerance or risk
PT Bank BTPN Syariah Tbk | 2023 Annual Report
limits set by the Bank or regulators, or provisions in existing policies and procedures, the Bank will escalate
the Market & Liquidity Risk process to the Head of Risk Management, Treasury and FI, and the Director
or relevant committee for such breaches. Treasury and FI or other business units are responsible for
normalizing market risk exposure according to the predetermined improvement plan within a specified
timeframe. Market & Liquidity Risk then monitors the improvement plan to be presented to the relevant
committee.
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management discussion and analysis
3. operational risk
Operational Risk is the risk arising from inadequate or malfunctioning internal processes, human errors,
system failures, and/or external events affecting the Bank's operations in achieving business objectives.
The Bank has policies and procedures in place to manage operational risks, including a framework, internal
control mechanisms, core processes, and the development of a risk-aware culture. For fraud management,
the Bank has an Anti-Fraud Strategy Policy, which includes defining the roles and responsibilities of
employees in the context of fraud incidents, prevention, detection, and handling of fraudulent activities,
including efforts to build a fraud-aware culture.
Supporting policies and procedures for operational risk management have also been established, including
Operational Risk Management Policy, Business Impact Analysis procedures, Business Continuity Plan,
Business Continuity Management, Anti-Fraud Strategy, Information Asset Security, and Cybersecurity.
All policies and procedures are periodically reviewed to enhance and adjust them to current business
developments and regulatory requirements, including ensuring compliance with sharia principles.
adequacy of risk identification, measurement, monitoring, control processes, and risk management
information systems
To identify potential operational risks, the Bank conducts reviews of all policies, procedures, and
operational activities. The review results in recommendations that are then communicated to the relevant
units for appropriate and adequate mitigation measures. Each unit is also required to conduct regular
evaluations of its activities and measure the level of risk for each activity according to the Process Risk
Control (PRC), Key Control Self-Assessment (KCSA), and Risk Grading Matrix (RGM) frameworks.
The results are periodically reviewed to ensure that the risk levels of all processes are measurable.
Periodically, units conduct self-assessments of processes deemed to have significant risk potential. The
examination results are then validated by the Quality Assurance function to ensure that the examinations
are conducted according to the established framework.
The Bank continuously monitors and records every risk event in the Operational Risk Management System
(ORMS) through its respective units. The Operational Risk Management Unit manages all information in
the ORMS to analyze the need for follow-up actions on incoming information.
As an early detection mechanism for fraud, the Bank has a system called JAGA, allowing every employee
to report potential fraud incidents anonymously. Reports are followed up by the Fraud Management unit,
arranging investigations according to applicable regulations. Fraud cases must be periodically reported to
Management and regulators. The Bank also holds regular coordination meetings or communication forums
involving relevant units to discuss the results of operational risk management monitoring.
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Operational Risk - Bank Only
(in million rupiah)
Position as of December 31, 2023 Position as of December 31, 2022
Gross Gross
No. Approach Income Income
Capital Capital
(Average RWA (Average RWA
Charge Charge
in Last 3 in Last 3
Years) Years)
(1) (2) (3) (4) (5) (6) (7) (8)
Standard Indicator
1 4,316,218 647,433 8,092,909 3,936,164 590,425 7,380,308
Approach
Total 4,316,218 647,433 8,092,909 3,936,164 590,425 7,380,308
Operational Risk - Consolidated with Subsidiaries
(in million rupiah)
Position as of December 31, 2023 Position as of December 31, 2022
Gross Gross
No. Approach Income Income
Capital Capital
(Average RWA (Average RWA
Charge Charge
in Last 3 in Last 3
Years) Years)
(1) (2) (3) (4) (5) (6) (7) (8)
Standard Indicator
1 4,317,402 647,610 8,095,128 3,936,193 590,429 7,380,362
Approach
Total 4,317,402 647,610 8,095,128 3,936,193 590,429 7,380,362
The results of examinations and emerging issues are periodically reported to the Board of Directors and
Board of Commissioners in the Risk Management Committee and Risk Oversight Committee meetings.
Directives and recommendations from the Board of Commissioners and the Board of Directors will be
communicated to the relevant units for follow-up. The implementation of these recommendations is also
monitored and reported back to the Board of Commissioners and the Board of Directors.
internal control system
The Bank's internal control system is implemented through the three lines of defense framework. In the
first line, units are assisted by the Quality Assurance function to ensure that all activities are in line with
applicable policies and procedures. In the second line, the Risk Management Unit maintains methodologies
to identify, measure, monitor, and control risks. Meanwhile, the Compliance Unit ensures that all Bank
activities comply with regulatory requirements, including adherence to Sharia principles. Finally, in the third
line, Internal Audit ensures that all residual risks are managed according to the established risk appetite
PT Bank BTPN Syariah Tbk | 2023 Annual Report
and tolerance.
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management discussion and analysis
4. liquidity risk
Liquidity Risk is the risk arising from the Bank's inability to meet maturing obligations from cash flow
funding sources and/or from highly liquid quality assets that can be encashed without disrupting the
Bank's activities and financial condition. The Bank establishes liquidity risk control policies tailored to its
mission, business strategy, capital adequacy, human resources, and risk appetite. The Bank establishes
clear separation of duties, responsibilities, and authorities between units responsible for liquidity risk
management and units whose activities are exposed to liquidity risk. Meanwhile, the Risk Management
Unit independently provides input and objective analysis in the process of identifying, measuring,
monitoring, and managing liquidity risk.
The Bank also has policies and procedures governing the separation of duties, responsibilities, and
authorities between the Treasury and FI units, responsible for collecting and providing information
on transactions and business volumes, and the Risk Management Unit, which independently provides
objective input and analysis in the process of identifying, measuring, monitoring, and managing liquidity
risk.
To regulate liquidity risk management in times of crisis, the Bank has policies and procedures, starting
from the activation of the Contingency Funding Plan (CFP) and its implementation until the return to
normal conditions (Business as Usual or BAU). All existing policies and procedures are periodically reviewed
to ensure their relevance to the Bank's business activities, compliance with regulatory requirements, and
adherence to sharia principles.
adequacy of risk identification, measurement, monitoring, and control processes, and risk management
information system
The Bank has routinely, effectively, and adequately conducted the identification, measurement,
monitoring, and control processes for liquidity risk, referring to the measurement and monitoring
processes, methodologies, assumptions, and risk control processes outlined in liquidity risk management
policies and procedures.
The Bank measures and monitors liquidity risk indicators through a set of observation ratios consisting of
the Financing to Deposit Ratio (FDR), funding concentration, and adequacy of liquid assets to assess the
bank's liquidity resilience. The Bank regulates funding strategies both in normal and special conditions.
Under normal conditions, bank funding comes from capital and third-party funds, which are well-governed
to ensure liquidity ratios are maintained with maximum profitability. In crisis conditions, the Bank will
implement borrowing strategies or utilize facilities from bank counterparties, regulated in the SOP for
Measuring and Monitoring Liquidity Risk and Contingency Funding.
To monitor the vulnerability of liquidity risk positions on a daily basis, the Bank pays attention to Early
Warning Indicators, reported to the ALCO Committee. The Bank has a system that provides data for
reporting purposes, both internally within the bank and to regulators, including individual reporting
(maturity profile).
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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1.1 Disclosure of Rupiah and Foreign Currency Maturity Profile - Bank Only
a) Disclosure of Rupiah Maturity Profile
Position as of December 31, 2023
No. Porfotolio Category Balance Maturity
> 1 Month > 3 Month
≤ 1 Month
s.d. 3 Month s.d. 6 Month
(1) (2) (3) (4) (5) (6)
I Balance Sheet
A. Assets 21,844,458
1. Cash 497,153 497,153 - -
2. Bank Indonesia Placement 763,443 763,443 - -
3. Interbank Placement 4,715 4,715 - -
4 Marketable Securities - Owned 8,566,692 2,898,723 591,975 570,282
5. Reverse Repo - - - -
6. Murabahah Reeeivables (gross) 11,532,552 205,560 654,777 1,559,722
7. Salam Receivables - - - -
8. Istishna' Receivables - - - -
9. Qardh Receivables 530 355 7 5
10. Mudharabah Financing - - - -
11. Musyarakah Financing 19,669 408 1,593 8,507
12. Ijarah - - - -
13. Other Assets 459,704 459,704 - -
B. Liabilities 12,658,242
1. Third Party Funds
a. Wadiah Current Account 24,009 24,009 - -
b. Mudharabah Time Deposits 9,030,866 7,329,602 1,467,881 227,896
c. Wadiah Saving Account 2,197,988 2,197,988 - -
d. Mudharabah Saving Account 890,066 890,066 - -
e. Others - - - -
2. Liability to Bank Indonesia - - - -
3. Liability to Other Banks - - - -
4. Marketable Securities - Issued - - - -
5. Receivables - - - -
6. Other Liabilities 515,313 515,313 - -
C. Off Balance Sheets
1. Commitments - - - -
2. Contigencies - - - -
PT Bank BTPN Syariah Tbk | 2023 Annual Report
D. Difference (A-B) 9,186,216
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management discussion and analysis
Position as of December 31, 2022
Balance Maturity
> 6 Months > 1 Month to > 3 Months > 6 Months
>12 Months ≤ 1 Month >12 Months
to 12 Months 3 Months to 6 Months to 12 Months
(7) (8) (3) (4) (5) (6) (7) (8)
21,286,897
- - 729,843 729,843 - - - -
- - 731,427 731,427 - - - -
- - 10,018 10,018 - - - -
1,557,689 2,948,023 7,599,779 2,837,024 1,269,336 191,364 898,870 2,403,185
- - - - - - - -
6,276,133 2,836,360 11,602,445 158,606 589,254 1,430,336 6,243,743 3,180,506
- - - - - - - -
- - - - - - - -
33 130 3,519 62 1,296 2,100 16 45
- - - - - - - -
4,660 4,501 60,275 - - - 17,775 42,500
- - - - - - - -
- - 549,591 549,591 - - - -
12,752,972
- - 27,646 27,646 - - - -
5,487 - 9,079,595 6,964,122 1,928,041 180,550 6,860 22
- - 2,177,623 2,177,623 - - - -
- - 764,392 764,392 - - - -
- - - - - - - -
- - - - - - - -
- - 100,000 100,000 - - - -
- - - - - - - -
- - - - - - - -
- - 603,716 603,716 - - - -
- -
- -
PT Bank BTPN Syariah Tbk | 2023 Annual Report
8,533,925
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b) Foreign Currency Maturity Profile
Position as of December 31, 2023
Maturity
No. Porfotolio Category Balance
> 1 Month > 3 Month
≤ 1 Month
s.d. 3 Month s.d. 6 Month
(1) (2) (3) (4) (5) (6)
I Balance Sheet
A. Assets
1. Cash
2. Bank Indonesia Placement
3. Interbank Placement
4 Marketable Securities - Owned
5. Reverse Repo
6. Murabahah Reeeivables (gross)
7. Salam Receivables
8. Istishna' Receivables
9. Qardh Receivables
10. Mudharabah Financing
11. Musyarakah Financing
12. Ijarah
13. Other Assets
B. Liabilities
1. Third Party Funds
a. Wadiah Current Account
b. Mudharabah Time Deposits
c. Wadiah Saving Account
d. Mudharabah Saving Account
e. Others
2. Liability to Bank Indonesia
3. Liability to Other Banks
4. Marketable Securities - Issued
5. Receivables
6. Other Liabilities
C. Off Balance Sheets
1. Commitments
2. Contigencies
D. Difference (A-B)
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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management discussion and analysis
Position as of December 31, 2022
Maturity
Balance
> 6 Months > 1 Month to > 3 Months > 6 Months
>12 Months ≤ 1 Month >12 Months
to 12 Months 3 Months to 6 Months to 12 Months
(7) (8) (3) (4) (5) (6) (7) (8)
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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1.2 Disclosure of Rupiah and Foreign Currency Maturity Profile - Consolidated with
Subsidiaries
a) Disclosure of Rupiah Maturity Profile
Position as of December 31, 2023
Maturity
No. Porfotolio Category Balance
> 1 Month > 3 Month
≤ 1 Month
s.d. 3 Month s.d. 6 Month
(1) (2) (3) (4) (5) (6)
I Balance Sheet
A. Assets 22,084,418
1. Cash 497,153 497,153 - -
2. Bank Indonesia Placement 763,443 763,443 - -
3. Interbank Placement 244,657 136,157 108,500 -
4 Marketable Securities - Owned 8,566,692 2,898,723 591,975 570,282
5. Reverse Repo - - - -
6. Murabahah Reeeivables (gross) 11,532,552 205,560 654,777 1,559,722
7. Salam Receivables - - - -
8. Istishna' Receivables - - - -
9. Qardh Receivables 530 355 7 5
10. Mudharabah Financing - - - -
11. Musyarakah Financing 19,669 408 1,593 8,507
12. Ijarah - - - -
13. Other Assets 459,722 459,722 - -
B. Liabilities 12,658,233
1. Third Party Funds
a. Wadiah Current Account 24,009 24,009 - -
b. Mudharabah Time Deposits 9,030,866 7,329,602 1,467,881 227,896
c. Wadiah Saving Account 2,197,988 2,197,988 - -
d. Mudharabah Saving Account 889,954 889,954 - -
e. Others - - - -
2. Liability to Bank Indonesia - - - -
3. Liability to Other Banks - - - -
4. Marketable Securities - Issued - - - -
5. Receivables - - - -
6. Other Liabilities 515,416 515,416 - -
C. Off Balance Sheets
1. Commitments - - - -
2. Contigencies - - - -
PT Bank BTPN Syariah Tbk | 2023 Annual Report
D. Difference (A-B) 9,426,185
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management discussion and analysis
Position as of December 31, 2022
Maturity
Balance
> 6 Months > 1 Month to > 3 Months > 6 Months
>12 Months ≤ 1 Month >12 Months
to 12 Months 3 Months to 6 Months to 12 Months
(7) (8) (3) (4) (5) (6) (7) (8)
21,518,249
- - 729,843 729,843 - - - -
- - 731,427 731,427 - - - -
- - 241,370 241,370 - - - -
1,557,689 2,948,023 7,599,779 2,837,024 1,269,336 191,364 898,870 2,403,185
- - - - - - - -
6,276,133 2,836,360 11,602,445 158,606 589,254 1,430,336 6,243,743 3,180,506
- - - - - - - -
- - - - - - - -
33 130 3,519 62 1,296 2,100 16 45
- - - - - - - -
4,660 4,501 60,275 - - - 17,775 42,500
- - - - - - - -
- - 549,591 549,591 - - - -
12,753,981
- - 27,646 27,646 - - - -
5,487 - 9,079,595 6,964,122 1,928,041 180,550 6,860 22
- - 2,177,622 2,177,622 - - - -
- - 763,666 763,666 - - - -
- - - - - - - -
- - - - - - - -
- - 100,000 100,000 - - - -
- - - - - - - -
- - - - - - - -
- - 605,452 605,452 - - - -
- - - - - - - -
- - - - - - - -
PT Bank BTPN Syariah Tbk | 2023 Annual Report
8,764,268
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b) Foreign Currency Maturity Profile
Position as of December 31, 2023
Maturity
No. Porfotolio Category Balance
> 1 Month > 3 Month
≤ 1 Month
s.d. 3 Month s.d. 6 Month
(1) (2) (3) (4) (5) (6)
I Balance Sheet
A. Assets 80,526
1. Cash -
2. Bank Indonesia Placement -
3. Interbank Placement 462 462
4 Marketable Securities - Owned 80,064 80,064
5. Reverse Repo -
6. Murabahah Reeeivables (gross) -
7. Salam Receivables -
8. Istishna' Receivables -
9. Qardh Receivables -
10. Mudharabah Financing -
11. Musyarakah Financing -
12. Ijarah -
13. Other Assets -
B. Liabilities -
1. Third Party Funds
a. Wadiah Current Account -
b. Mudharabah Time Deposits -
c. Wadiah Saving Account -
d. Mudharabah Saving Account -
e. Others -
2. Liability to Bank Indonesia -
3. Liability to Other Banks -
4. Marketable Securities - Issued -
5. Receivables -
6. Other Liabilities -
C. Off Balance Sheets
1. Commitments
2. Contigencies
D. Difference (A-B) 80,526
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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management discussion and analysis
Position as of December 31, 2022
Maturity
Balance
> 6 Months > 1 Month to > 3 Months > 6 Months
>12 Months ≤ 1 Month >12 Months
to 12 Months 3 Months to 6 Months to 12 Months
(7) (8) (3) (4) (5) (6) (7) (8)
81,418
-
-
467 467
80,951 80,951
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
81,418
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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internal control system
The Bank has an adequate Internal Control System to ensure that transactions and processes exposed to
Liquidity Risk are conducted in accordance with existing policies and procedures. In case of discrepancies or
deviations from liquidity ratios, the Bank will escalate the matter from Market & Liquidity Risk to the Head
of Risk Management, Treasury and FI, and the Board of Directors or relevant committees. Treasury and FI
or other business units are responsible for normalizing liquidity risk exposure according to the determined
improvement plan and timeframe. Market & Liquidity Risk also monitors the improvement plan, which is
then reported to the relevant committee.
The Bank also has a Contingency Funding Plan that regulates the identification process for liquidity
crisis conditions through Early Warning Indicators (EWI). Internal audits are also periodically conducted
on liquidity risk processes and crisis liquidity management processes, through monitoring internal and
external indicators in both crisis and normal conditions.
5. legal risk
Legal Risk is the risk arising from legal claims and/or weaknesses in legal aspects of business operations,
which may disrupt the achievement of the Bank's objectives. Some actions to manage legal risk include
ensuring that clauses in every contract or agreement are sufficient and adequate to secure the Bank's
position, monitoring agreements approaching maturity, and updating these agreements to ensure
sufficient documentation.
Additionally, the Bank also has sufficient policies and procedures related to legal risk management,
including reviewing documents in accordance with applicable laws and regulations.
adequacy of risk identification, measurement, monitoring, and control processes, and risk management
information system
Until now, the legal risk management process has been running very well, where the identification,
measurement, monitoring, and control processes of legal risk conducted can avoid or minimize potential
legal claims. This can be observed and applied when providing opinions for legal case settlements or
reviewing legal documents. The identification, measurement, monitoring, and control processes of legal
risk are carried out by the Corporate Secretary and General Counsel Division, which oversees the Legal
specialized unit. Information about legal cases or lawsuits is reported periodically to the Risk Management
Committee. The Bank supervises legal risks through the Risk Management Committee and Internal Audit
to ensure that residual risks have been controlled.
6. strategic risk
Strategic Risk is the risk arising from the Bank's inadequacy in making and/or implementing strategic
decisions and failures to anticipate changes in the business environment. Every year, the Bank consistently
develops corporate plans and work plans according to the Bank's mission and strategy, approved by the
Board of Commissioners and the Board of Directors, considering the impact on capital. Every semester,
an assessment is conducted on the implementation results of the corporate plan and the risks that have
arisen and been handled.
The Bank also builds a Management Information System by measuring performance and periodically
monitoring the implementation of Key Strategic Initiatives by Bank units to achieve work plan targets
within set deadlines.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
7. compliance risk
Compliance Risk is the risk arising from the Bank's non-compliance and/or failure to implement laws and
regulations applicable to public companies as well as Sharia Principles. The Bank places great emphasis
on compliance with applicable regulations. Therefore, the Bank consistently identifies and updates
information related to regulations and rules relevant to financial banking services and public companies.
The Bank also formulates internal regulations to promote compliance across all operational elements
of the Bank, enhance communication with Regulators, and foster a compliance culture that permeates
throughout the organization. Throughout 2023, in line with the Bank's planning and strategy, activities
have been carried out to enhance Compliance Culture, including:
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management discussion and analysis
I. Governance Perspective
• Oversight by the Board of Commissioners, Board of Directors, and Sharia Supervisory Board is
conducted through well-structured mechanisms, including regular meetings and direct field reviews.
• Availability of a regulations portal containing external and internal rules that facilitate employees in
finding reliable references as work guidelines.
• Monitoring of the validity period of regulations is effectively implemented to ensure that internal
regulations are always up-to-date, in accordance with applicable external regulations.
• Through a relationship-oriented working process with business units, the internalization of external
rules can be achieved more quickly and effectively with good quality.
• Commitment to Regulators regarding recommended improvements can be resolved well, even
faster than the agreed timeframe.
• Compliance risk management processes are conducted effectively to ensure that the composite
value of the compliance risk profile is at a strong level, indicating that the compliance culture has
been well-implemented in the Bank.
II. Awareness Perspective
• Training has been provided using effective methods to ensure that every employee understands the
training material to be implemented effectively in their daily tasks and responsibilities.
• Various information to enhance compliance culture has been presented through various engaging
and easily understandable media for employees.
• Platforms and help desk mechanisms have been established to assist with compliance issues,
allowing employees to easily ask questions and receive quick and thorough answers.
• Sharia Supervisory Board visits to the field, in addition to conducting spot checks on Sharia principle
implementation, are also for providing explanations and guidance on existing issues to increase
awareness of Sharia principles.
III. Assessment Perspective
• Establishing direct field checking mechanisms together with the Sharia Supervisory Board (DPS)
and other supervisory teams to ensure that the Bank's operational implementation complies with
regulations.
• Assessments are also conducted for the implementation of the Anti-Money Laundering and
Countering the Financing of Terrorism (AML-CFT) program to identify customers and the Bank's
treatment based on customer classification. This is done to prevent the Bank from engaging in
money laundering or terrorist financing practices.
• Assessments are conducted directly in the field so that employees receive input and guidance, as
well as involvement in process improvements.
• The main achievements of compliance risk control in 2023 based on completed activities are:
• Compliance culture has been well-implemented in BTPN Syariah, evidenced by all prudential
ratios being well-maintained, with no significant fines from Regulators and all compliance risk
profile parameters showing positive values, resulting in the compliance risk profile composite
value being at level 1 (strong).
• Regulator Rules Internalization has been effectively carried out, evidenced by the absence of
delays in the implementation of external regulations into internal regulations and the availability
of the Bank's regulations portal, which can monitor the review period of regulations to ensure
they are always up-to-date with existing regulations.
• All commitments made by the Bank to Regulators can be fulfilled even within a shorter
PT Bank BTPN Syariah Tbk | 2023 Annual Report
timeframe than stipulated, both in terms of the Bank's commitments regarding the results
of inspections in 2021 and other commitments such as the implementation of the AML-
CFT program based on the Risk-Based Approach (RBA) through methods and National Risk
Assessment (NRA) and Risk Sectoral Assessment (RSA) conducted in accordance with applicable
regulations.
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The achievements attained by the Bank are the result of the Bank's ability to face and overcome
challenges during the year 2023, including:
i. The Bank's obligation to comply with all regulations issued by the Regulator, which are numerous.
To address this, the Bank conducts daily updates and assigns Person-in-Charge (PIC) to follow up
according to the regulatory field, ensuring the Bank's compliance with regulations is maintained.
ii. The large number of employees spread across various regions creates a high potential for non-
compliance. To address this, the Bank ensures adequate internal controls are in place. This is
complemented by periodic inspections by the Sharia Supervisory Board (DPS) to ensure compliance
with Sharia principles by both employees and customers in the field. The Bank also conducts
compliance assessments to ensure that the Bank's operational implementation complies with
applicable rules, as well as disseminates rules through communication media accessible to all
employees.
iii. The reports that must be submitted to the Financial Services Authority (OJK) are very intensive
with different target times. To address this, the Bank always ensures that the reminder system
functions properly to avoid delays in the preparation and submission of reports.
The Bank believes that a Compliance Culture must be continually enhanced to support rapid and healthy
business growth. Compliance should be the responsibility of all organizational lines and can reflect the
implementation of good corporate governance. To support compliance strategy implementation, the
Compliance Division organizes the organizational structure into 3 Work Units:
i. Compliance Advisory & Assessment (CAA)
ii. Compliance Development & Reporting
iii. Compliance Anti Money Laundering (AML) & Counter Financing of Terorrism (CFT)
These three work units collaborate to monitor and control Compliance Risks, starting from determining/
identifying risk measurement parameters. Compliance risk measurement parameters for the Bank have
been determined based on POJK and SEOJK and the Bank's business model, with appropriate weights
and percentages.
The Bank's compliance risk measurement is documented in compliance risk measurement working
papers, and the results of compliance risk level measurements are reported monthly to Risk Management
for discussion in the Risk Management Committee (KMR) and the Risk Oversight Committee (KPR). In
addition, the compliance risk level is also reported in Compliance Reports prepared on a monthly, quarterly,
and semester basis.
Through regular monitoring and control of compliance risks, increases in compliance risks can be detected
quickly, enabling swift mitigation. The Bank hopes that through its activities throughout 2023, the
Compliance Culture will become stronger and integrated into the work ethos of all Bank elements.
8. reputation risk
Reputation risk is the risk arising from the decline in the level of trust of stakeholders stemming from
negative perceptions of the Bank, which can affect the Bank's goal achievement. Efforts to manage
PT Bank BTPN Syariah Tbk | 2023 Annual Report
this risk include improving or enhancing positive impressions of the Bank through quality service and
constructive responses to negative publicity to enhance the Bank's reputation with all stakeholders.
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management discussion and analysis
9. rate of return risk
Yield risk is the risk resulting from changes in the yield rates paid by the Bank to customers due to changes
in the yield rates received by the Bank from fund deployments, which can influence the behavior of third-
party fund customers of the Bank. The Bank has policies for managing Yield Risk regulated in the Risk
Management Policy and Market & Liquidity Risk Management Policy. To manage yield risk, the Bank
determines the inherent yield risk of each product and transaction and measures the yield risk profile with
a risk rating. These policies and procedures are periodically reviewed to ensure their relevance to the Bank's
business activities, including compliance with regulations and sharia principles.
10. investment risk
Investment risk is the risk that the Bank shares in the business losses of customers financed in profit-
sharing-based financing, whether using net revenue sharing or profit and loss sharing methods. The
potential risk in this financing model is customer default, either due to a decline in business performance
or external conditions. The Bank has implemented investment risk management since the customer
acquisition process, including customer selection, payment capacity analysis, and account maintenance
processes carried out through fostering good relationships with customers by Bank staff. Periodically,
the Bank also measures and monitors customer performance, including monitoring changes in external
factors that may affect customer payment performance. The monitoring results are then reported to
Management so that necessary mitigation steps can be promptly taken.
It's been over eight remarkable years since I joined as a
#bankirpemberdaya. Unlike traditional bank employees who
interact with customers within the confines of an office building,
my role involves meeting customers in the comfort of their homes,
which double as regular meeting centers every two weeks. Each
day presents its own unique story, and every day I am filled with
gratitude for being at the forefront of the Bank's efforts to serve
the inclusion community. My work involves helping individuals
realize their dreams by providing access to finance, while also
educating them about the risk profile associated with financing in
the inclusion segment.
Wida Ayu Sekarini
Senior Business Manager Badung Region, Bali PT Bank BTPN Syariah Tbk | 2023 Annual Report
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PT Bank BTPN Syariah Tbk | 2023 Annual Report 214
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Corporate Social
RESPONSIBILITY
05
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corporate social responsibility
Corporate Social
RESPONSIBILITY
The Bank's commitment to faithfully empowering
customers is further evidenced through its Corporate
Social Responsibility programs. These initiatives are
geared towards enhancing the capabilities of diverse
customers and encouraging broader participation in
impactful empowerment endeavors.
The persistent economic challenges faced by underprivileged communities, particularly in tier-3 and tier-4
cities, pose obstacles to the recovery of their businesses post-Covid-19. The sluggish circulation of money
in these areas diminishes purchasing power, hindering the return to pre-pandemic conditions. Throughout
the daunting landscape of 2023, BTPN Syariah has remained steadfast in its commitment to faithfully
empowering its customers, initiating interventions even prior to engaging productive underprivileged
women as clients. A comprehensive mentoring program, conducted both in group settings and through
personalized guidance, underscores the bank's unwavering dedication. Presently, the Bank champions the
Daya and Bestee programs, designed to bolster the business acumen of its clientele.
The Daya Program prioritizes the cultivation of BDKS behaviors while enhancing the capacity of inclusive
customers. Conversely, the Bestee program fosters collaboration with diverse stakeholders to amplify the
empowerment of underrepresented customers. These initiatives align with the Bank's broader objective of
nurturing a Sharia-compliant digital ecosystem for a more inclusive society.
daya
The Daya Program serves as a cornerstone for the Bank's mentoring and empowerment endeavors
targeting inclusive communities, encompassing both prospective and existing customers. This sustainable
capacity-building initiative spans across the realms of health, entrepreneurship, and environmental
stewardship. Through the Daya Program, the Bank facilitates financial access in the form of tailored
financing options for individuals equipped with enhanced financial literacy.
Key components of the Daya Program include three main activities: mini meetings, foundational
membership training (PDK), and regular center gatherings.
1. Mini Meeting
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Community Officers (CO) conduct mini meetings in the field to introduce prospective customers to the
Bank's products and services as part of the initiation of the financial inclusion program.
2. Basic Membership Training (PDK)
Newly onboarded inclusion community members undergo a comprehensive five-day Basic Membership
Training (PDK), where they delve into understanding their rights, obligations, and financial
management skills. This daily one-hour training instills crucial values such as Courage, Discipline, Hard
Work, and Mutual Assistance, motivating them to pursue their aspirations.
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3. Regular Center Meetings
Held bi-weekly at designated centers within the community, these face-to-face gatherings serve
as platforms for continuous skill enhancement and capacity building. With over 100 modules and
interactive games, these meetings cater to the specific needs of the inclusion customer community.
Community Officers provide group assistance and empowerment, covering topics ranging from health
and environmental awareness to entrepreneurship. Additionally, the meetings reinforce the application
of BDKS principles (Courage, Discipline, Hard Work, and Mutual Assistance) for consistent growth.
4. Entrepreneurship Webinars for Successful Customers
Successful customers receive specialized entrepreneurship training through webinars conducted by
expert speakers, aimed at further refining their business acumen.
5. Inspirational Customer Assistance
This intensive entrepreneurial assistance program is tailored for inspirational customers, focusing on
continuous development of their business capacity through personalized support and guidance.
Bestee
The Covid-19 pandemic has propelled the widespread adoption of digital technology across various facets
of life. Those adept at harnessing technology stand poised to leverage its full potential, even spearheading
the creation of new ventures. However, this reality doesn't extend to ultra-micro business operators who
are clients of the Bank. Hindered by limited capacity and infrastructure, these individuals require additional
effort and time to navigate and adapt to these evolving technological landscapes.
As we approach 2023, the lingering ramifications of the pandemic continue to pose multifaceted
challenges for inclusion customers. Apart from the arduous task of revitalizing businesses affected by the
pandemic, they also contend with competition from counterparts with higher levels of digital literacy. In
response to this pressing scenario, the Bank remains steadfast in enhancing its mentoring program, which
now involves a broader spectrum of stakeholders. This initiative, initiated in 2021, is known as the Bestee
program.
Aligned with the Bank's vision of fostering a Sharia Digital Ecosystem for an Inclusive Society, the Bestee
program utilizes an integrated digital platform (Bestee Tepat). This platform offers comprehensive
learning and empowerment programs, facilitating broad access to knowledge for customers. Moreover,
it serves as a conduit for collaboration with various contributors from academic and governmental
institutions, as well as individuals who volunteer their expertise. Anyone with the desire, commitment, and
proficiency can collaborate with BTPN Syariah in empowering inclusive communities.
By December 31, 2023, collaborative efforts for empowerment have been forged between the Bank and
universities, students, the Ministry of Education, Culture, Research, and Technology (Kemendikbudristek)
through the Independent Campus program, and other external entities.
The platform boasts features for recruiting facilitators, coordinating activities, conducting site visits,
PT Bank BTPN Syariah Tbk | 2023 Annual Report
and maintaining integrated documentation. Modules tailored to the specific business types of customers
are continually refined for ease of comprehension, with the number of modules steadily increasing.
From 2022 to 2023, the Bestee Tepat platform has hosted accessible modules, with customers receiving
intensive guidance to navigate the platform. Notably, the mentoring program saw a remarkable surge in
participation, with 1,821 students enrolled in 2023, marking a 92% increase from 125 students in 2022.
Each student undergoes a rigorous one-on-one mentoring program, covering areas such as business
identity establishment and digital marketing strategies tailored to customer businesses.
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corporate social responsibility
Bestee platform • Help Center
The Bestee Platform comprises four integrated • Scoreboard
platforms, two of which are applications, while the • Forum
other two are web-based. The Android application, • Personal Chat
Bestee Ku, caters to customers, while Kita Bestee • Bulletin Board
serves as the application for contributors. The
• Recommendation Module
web-based platforms include Web Mentor for
• Assessment Module
mentors and Web Admin for data management.
• Recruitment Digital Dashboard
• Gamification
customer application (Bestee Ku) • Flagging Fraud
Bestee Ku serves as a digital learning platform for • Mentoring Survey
financing customers, offering tailored business
modules and various features such as: Notably, new features introduced in 2023
• 368 Business Modules include Photo Geotagging, Notice Board,
• Login & Logout Recommendation Module, Assessment Module,
• My Courses Digital Recruitment Dashboard, Gamification,
• Popular Learning Flagging Fraud, and Mentoring Survey.
• Recommended Content
• Search Content Bestee mentor web
• Learning Category This web-based platform supports expert mentors
• Program in Progress in their mentoring activities with contributors/
• Contact the Facilitator mentees. Key features include assessing
• Profile contributor reports, scheduling mentoring sessions,
providing guidance via personal chat, and sharing
The Recommendation Module and Help Center insights in the forum.
menu is a new menu in 2023.
Bestee web admin
contributor application (Kita Bestee) The Web Admin platform serves as the central
Kita Bestee is utilized by contributors, including hub for data integration, program management,
students, volunteers, and stakeholders, to deliver communication, and problem resolution.
mentoring materials to customers and monitor Administrators utilize features such as reviewing
their activities. This application offers features like: contributor performance, handling assistance-
• Register related issues, and accessing reports generated by
• Login & Logout mentors.
• Edit Profile
• Dashboard Performance The platform's development roadmap for 2023
• Customer Assessment includes the addition of companion survey
• Assistance (Schedule, Materials & Reports) features, SMO and SMC reports, report creation
• My Activities tools on Web Mentor, and enhancements to the
• Geotagging Photos Recommendation Module Menu and Help Center.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
• Mentoring
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2023 achievements
In general, the Bank has implemented customer inclusion mentoring programs as planned.
The other Daya programs include providing financial literacy materials to prospective customers during
Basic Membership Training (PDK) activities and providing Daya tips during Routine Center Meetings on
entrepreneurship, family and social environment topics, as well as providing Daya modules in the form of
playing cards with content on Innovation, Basic Marketing, and Workspace Layout/5R.
Meanwhile, for intensive group mentoring programs, the Bank provides online mentoring programs by
the MMS Team to customer groups through entrepreneurship training via digital media (webinars) and
offline mentoring programs by entrepreneurship practitioners to customer groups in specific areas through
workshops or entrepreneurship activities with various themes and topics.
Other specific group mentoring programs conducted in 2023 include customer mentoring through the
Bestee program and Inspirational customer mentoring. In 2023, a total of 49,000 mentored customers
were involved, engaging 1,821 students from 257 universities. For inspirational customer mentoring through
the TBNKu program, 10,000 intensively mentored customers.
The Bank's digital ecosystem development needs to precisely address customer needs and provide access
that is not only useful for improving customer abilities but also supports measurable and sustainable
empowerment activities.
The main challenge in implementing this program is increasing the number of customers receiving
mentoring programs and contributors to participate in this program. Anticipatory steps taken include
introducing the Bestee mentoring program more widely, both internally to BTPN Sharia and externally
through social media and online or offline awareness sessions at universities.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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corporate social responsibility
2024 plans
In 2024, our overarching goal is to foster a significant increase in customer and contributor participation
by leveraging synergies with BTPN, our parent company, and fostering collaborations with internal
and external stakeholders, including universities, government bodies, and community institutions/
organizations.
In addition to scaling up participation, we remain committed to advancing development and innovation
efforts, particularly in enhancing access to knowledge (A2K) and market access (A2M) for our customers.
This includes the development of tailored assistance modules for specific types of customer businesses
and the expansion of power markets in various regions, both online and offline.
Aligned with the government's Sehati Program, aimed at providing free halal certification for MSMEs, we
plan to extend opportunities for customers with food/culinary businesses to obtain halal certification at no
cost. To facilitate this, student contributors will undergo training in halal product certification assistance,
empowering them to assist customers in registering for halal certification as needed.
Having completed a fulfilling five-month internship with a bank
dedicated to empowering the community, my participation in
the Bestee program stands out as a memorable experience I will
always cherish. The nurturing internship environment, access to
various facilities and knowledge, along with the opportunity to
assist female clients, left a profound impact on me and instigated
positive personal growth. Engaging with female clients allowed
me to recognize the significant role women play in various facets
of life. It was a privilege to share knowledge and stories with
these clients, further reinforcing my awareness of their invaluable
contributions.
Meisy Salsabiela Hamdi
Bestee Program Student
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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Good Corporate
GOVERNANCE
06
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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GCG IMPLEMENTATION REPORT
Improving the quality of governance implementation is a testament
to the bank's commitment to remain faithfully empowering through
increasingly transparent, accountable, and professional bank
management. This commitment prioritizes fairness and complete
Sharia compliance for all stakeholders.
overview of BTPN Syariah good corporate The Bank strives to continuously improve the
governance (GCG) implementation implementation of good corporate governance
By adhering to its pledge of implementing the by adhering to POJK 17 issued in 2023 regarding
guidelines and principles of Good Corporate Governance for Commercial Banks, as well
Governance (GCG), BTPN Syariah has taken an as incorporating it into bank regulations,
active stance not only in fulfilling its commitment guidelines, and internal work policies for
on a consistent basis, but also in continuously management and supervisory committees. This
perfecting the quality of GCG implementation over specific implementation aims to enhance the
time. This provides assurance that BTPN Syariah accountability and responsibilities of these entities
is dedicated to empowering all stakeholders and while demonstrating BTPN Syariah's commitment
carrying out their aspirations. to upholding high standards of good corporate
governance for all stakeholders. These efforts
The application of GCG principles at BTPN Syariah complement the bank's compliance with POJK
is executed in a measurable manner, guided 16 of 2022 concerning Sharia Commercial Banks
by regulatory provisions for operational and released the previous year.
business activities that are tailored to the Bank's
complexity and current situation. This is achieved In addition to these improvement efforts,
without sacrificing the Bank's efforts to innovate BTPN Syariah continues to raise the bar for
using information technology to facilitate GCG GCG implementation by adopting the latest
practices in daily operations. international CG Scorecard standards published in
late 2023.
BTPN Syariah follows the principles of GCG in
its role as a Sharia Commercial Bank, Public Improving the quality of governance
Company, and Financial Services Institution. It also implementation is a testament to the bank's
upholds sustainable finance practices as an Issuer commitment to remain faithfully empowering
and Public Company, while implementing good through increasingly transparent, accountable, and
PT Bank BTPN Syariah Tbk | 2023 Annual Report
corporate governance as a commercial bank within professional bank management. This commitment
the scope of the Financial Group. prioritizes fairness and complete Sharia
compliance for all stakeholders.
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good corporate governance
legal basis for GCG implementation commitment to the basic principles and
The implementation of GCG in the Sharia Bank governance guidelines at BTPN Syariah
environment refers to various guidelines from BTPN Syariah continues to fulfill its commitment
various statutory provisions and regulations, as to the basic principles of good corporate
follows: governance within the Bank. The implementation
1. Republic of Indonesia Laws relating to Capital of GCG principles at BTPN Syariah is carried
Markets, Limited Liability Companies and out by all levels, until it becomes part of the
Banking; company culture.
2. Financial Services Authority Regulations
(POJK) and OJK Circular Letters (SEOJK) Commitment to implementing GCG aims to
regarding Governance, Annual Reports, build a healthy and resilient sharia banking
Risk Management and various POJK and industry, to protect the interests of stakeholders,
SEOJK which refer to the implementation of to increase compliance with applicable
governance; regulations and ethical values generally accepted
3. ASEAN Corporate Governance Scorecard in the sharia banking industry.
(ACGS);
4. Company Articles of Association and In building a healthy and resilient sharia banking
Resolutions of the General Meeting of industry, BTPN Syariah upholds the rights of
Shareholders (GMS); as well as stakeholders. Each Bank Organ function has
5. Bank Governance Policy; carried out management and supervision of
6. Company Policies and Procedures and Code of the Bank in an accountable and transparent
Conduct. manner with the aim of maintaining the
trust of shareholders and investors through
goals of GCG implementation the implementation of Public Company GCG
The implementation of GCG at BTPN Syariah guidelines by always paying attention to sector,
aims to build a healthy and resilient sharia banking industry developments as well as the size and
industry to protect the interests of stakeholders, complexity of BTPN Syariah itself.
increase compliance with applicable regulations
and ethical values generally accepted in the sharia In an effort to ensure the implementation of
banking industry. Good Corporate Governance (GCG) in the
management of the Bank, the effectiveness of
BTPN Syariah upholds the rights of stakeholders the check and balance process as well as the
and continuously makes BTPN Syariah accountable control system at BTPN Syariah is adequately
and transparent, by continuing to grow the provided. As a sharia commercial bank,
trust of shareholders and investors through BTPN Syariah is subject to the provisions for
the implementation of Public Company GCG implementing GCG for Sharia Commercial Banks
guidelines, while still paying attention to sectors based on 6 (six) basic principles. And as a public
and industries as well as size and complexity as a company, the implementation of GCG guidelines
sharia commercial bank. at BTPN Syariah includes 5 (five) aspects, 8
(eight) good GCG principles and 25 (twenty five)
Internally, BTPN Syariah ensures the continued applications of good GCG aspects and principles.
commitment to implementing good GCG
principles, namely managing business activities roadmap for GCG implementation in
and operational activities professionally, and BTPN Syariah
continuing to improve the quality of improving GCG principles have been implemented since
the bank's internal control system and risk BTPN Syariah still had the status of a Sharia
PT Bank BTPN Syariah Tbk | 2023 Annual Report
management and always complying with Business Unit (UUS) at PT Bank BTPN Tbk,
applicable regulations and in line with which at that time was called PT Bank Tabungan
the Sharia principles. Pensiunan Nasional Tbk.
Externally, BTPN Syariah carries out business In its development, BTPN Syariah strives to
competition that is healthy, fair, and with integrity continue to perfect its governance support
whilst still paying attention to risks that arise tools to ensure compliance with prevailing laws
and upholding the bank's mission and vision in and regulations as well as the foundation of
maintaining the Company's reputation through the Bank's governance to ensure sustainable
implementing good GCG guidelines for Public business growth.
Companies.
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GCG Implementation Milestones at BTPN Syariah
• Becoming a Public Company (Initial Public
Offering)
• Refined the Main and Supporting
Infrastructure for Bank Organs
• Strengthened infrastructure • Established GCG policy that adopts
for bank organs provisions for sharia commercial banks and
• Refined GCG Policy equipped public company provisions
with Integrated Governance • Established the Confidential Information
within the scope of financial and Investment Ownership Policy for
conglomerates Employees related to insider trading
• Implementation of • Strengthened the Structure of Governance
Integrated Governance Supporting Organs through the formation
with the Parent Company of a Financing Policy Committee,
including the establishment complementing the Board of Directors level
of an Integrated Governance Committee that was formed in 2014 and
Set-up of governance and Integrated Risk additional in 2015
mechanism to prepare Management Committee • Updated the Bank's website in accordance
for the conversion of • Strengthened Supporting with the provisions on issuers or public
conventional commercial Organs through the companies
banks into sharia formation of a Business • Update the annual report in accordance
commercial banks, and the Committee, complementing with the provisions on SCB as well as
spin-off into Sharia Business the Board of Directors level provisions on issuers or public companies
Units as the forerunners of Committee that was formed • Implementation of Information Disclosure
BTPN Syariah in 2014 and Reporting to Regulators and the Public
2012 - 2013 2014 2015 - 2016 2017 2018
• Becoming a Sharia Commercial Bank • Established and Strengthened
(BUS) the Governance Structure for the
• Determination of GCG Policy for BUS intended Initial Public Offering
• Establishment of Committees at the plan, including the appointment
the Board of Directors and the Board of a Corporate Secretary and
of Commissioners level Independent Director
• Establishment of a Risk Management • Amendments to the Articles of
Work Unit, Compliance Work Unit, Association refering to provisions
and Internal Audit Work Unit for Public Companies
• Availability of Bank Organ • Preparation of all supporting
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Governance Structure and mechanism and infrastructure for
supporting Infrastructure (Work the needs of a public company
Guidelines and Rules, Code of
Ethics, Policies, Procedures, Program
Products, Organizational Structure,
Work Plan, Bank Business Plan)
• Widespread socialization of the Anti-
Fraud and Whistleblowing System
• Implementation of Sharia
Compliance and Implementation of
GCG Self Assessment
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good corporate governance
• Implementation of the GMS electronically (e-GMS) is equipped
with e-Voting and e-Proxy
• Adopted the revised ASEAN Corporate Governance Scorecard
2023
• Improvements to the Bank's website refer to the provisions
of issuers or public companies and the revision of the ASEAN
Corporate Governance Scorecard
• Completion of the annual report by taking into account the
provisions of the BUS and the provisions of issuers or public
companies and the governance of Commercial Banks and the
revision of the ASEAN Corporate Governance Scorecard
• Amended the Articles of Associations, • Continued the Implementation of Banking Synergies
including the refinement of GCG • Refinement of GCG Policy by taking into account POJK 16/
Policies and other Procedures related to POJK.03/2022 concerning Sharia Commercial Banks and Law
the implementation of e-GMS. No. 4 of 2023 concerning Development and Strengthening of the
• Improved the quality of implementing Financial Sector
GCG guidelines as a public company • Updated the Charter of the Board of Commissioners, Directors
and as a sharia commercial bank and Committees at the Board of Commissioners level as well
through the availability of electronic as the implementation of POJK No. 17 of 2023 concerning the
proxy (e-Proxy) at the 2021 Annual GMS Implementation of Governance for Commercial Banks;
• Strengthened the implementation of • Strengthened the Structure of Governance Supporting
GCG by adopting the ASEAN Corporate Organs through the Establishment of an Information Security
Governance Scorecard for the 2020 Management System Committee to complement the Board
financial year and successfully increased of Directors level committee formed in 2014 and to ensure
the score to 92.03 equivalent to Very operational implementation of information security at BTPN
Good Syariah as a manifestation of the commitment to implement
• Implementation of Banking Synergy the Information Security System in accordance with national
• Declaration of Compliance and international standards, namely the ISO 27001;
2019 - 2020 2021 2022 2023
• Change of name to PT Bank BTPN • Improving the implementation of GMS
Syariah Tbk in accordance with the through electronic GMS implementation
name of the Parent Entityv (e-GMS) using electronic calculation and
• Adopted the ASEAN Corporate voting methods (e-Voting)
Governance Scorecard to implement • Improving the quality of implementation
GCG guidelines for the 2019 financial of GCG guidelines adopting the ASEAN
year and achieved a score of 87.75 Corporate Governance Scorecard and again
(above the industry average) succeeded in increasing the score to 101.57,
• Submission of the Sustainable equivalent to LEADERSHIP IN CORPORATE
Financial Action Plan 1 (one) year GOVERNANCE for the 2021 financial year
PT Bank BTPN Syariah Tbk | 2023 Annual Report
earlier than BUKU 2 Bank obligations • The Subsidiary, PT BTPN Syariah Ventura,
• Integrity Pact for all employees officially began its operations
• Implementation of Consolidated Risk
Management with Subsidiaries
• Implementation of GCG Self-Assessment in
consolidation with Subsidiaries, completing
GCG Self-Assessment in consolidation with
Parent Entities
• Continuing the implementation of Banking
Synergy
• Preparation of the Ten Year Corporate Plan,
initially prepared in 2022
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Basic Principles and
GCG GUIDELINES
as a sharia commercial bank
BTPN Syariah complies with and applies all good GCG principles, including Transparency, Accountability,
Responsibility, Professionalism, Fairness, and Sharia Compliance in the company's business activities.
The embodiment of these principles is as follows:
The Bank must provide material and relevant information in a way that is easily
accessible and understood by stakeholders in order to maintain objectivity in running
business. The Bank must take the initiative to disclose not only issues required by
Transparency
statutory regulations, but also matters that are important for decision making by
Shareholders, Customers and other Stakeholders;
The Bank must be able to account for their performance transparently and fairly. For
this reason, the Bank must be managed correctly, measurably and in accordance with
Accountability the interests of the Bank while still taking into account the interests of Shareholders
and other stakeholders. Accountability is a necessary prerequisite for achieving
sustainable performance;
The Bank must comply with all Sharia Principles and applicable laws and regulations,
as well as carry out their responsibilities towards God Almighty, Shareholders, society,
the environment and other relevant stakeholders so that from time to time the
Responsibility implementation of Sharia Principles is carried out and maintained properly. optimal
long-term business sustainability and gaining recognition as a good entity that complies
with sharia law and applicable positive law;
The Bank is managed independently so that each Bank organ does not dominate
each other and cannot be intervened by other parties and has competence, is able to
Professionalism act objectively, is free from any influence and has a high commitment to developing
the Bank. This is to ensure that good GCG principles are always applied in all Bank
activities;
The Bank always pays attention to the interests of Shareholders and other stakeholders
Fairness in fulfilling stakeholder rights based on the principles of justice and equality in carrying
out its business activities;
PT Bank BTPN Syariah Tbk | 2023 Annual Report
The Bank is a banking institution that carries out financial intermediation functions,
managed and operated based on Sharia Principles as the soul and spirit of the Bank's
establishment. Therefore, compliance with Sharia Principles in all activities and
Sharia products for distributing and collecting funds and other banking service products is a
Compliance necessity and mandatory, including in this aspect the ethical and moral standards of
all Bank management and employees in their daily activities do not conflict with Sharia
Principles and Values.
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good corporate governance
as a public company
As a Public Company, the implementation of GCG guidelines at BTPN Syariah includes 5 (five) aspects, 8
(eight) good GCG principles and 25 (twenty five) good GCG aspects and principles, namely:
ASPECTS of GCG 1. Aspect of Relationship between Public Company and Shareholders in ensuring the Rights of
Shareholders;
Implementation for
2. Aspect of Functions and Roles of the Board of Commissioners and the Sharia Supervisory Board;
Public Companies,
3. Aspect of Functions and Role of the Board of Directors;
including:
4. Aspect of Stakeholders’ Participation;
5. Aspect of Information Disclosure.
1. Improvement of the Value of General Meeting of Shareholders (GMS);
2. Improvement the Quality of Communication between Public Company and Shareholders or Investors;
PRINCIPLES for 3. Strengthening of the Membership and Composition of the Board of Commissioners;
implementing GCG 4. Improvement of the Quality of Duties and Responsibilities’ Performance by the Board of
Guidelines for Public Commissioners;
Companies, 5. Strengthening of the Membership and Composition of the Board of Directors;
including: 6. Improvement of the Quality of Duties and Responsibilities’ Performance by the Board of Directors;
7. Improvement of the Corporate Governance Aspects through Stakeholders’ Participation;
8. Increased Implementation of Information Disclosure.
1. Public Company shall have a method or technical procedure on voting, whether open or closed,
which prioritizes the independence and interest of shareholders;
2. All members of the Board of Directors and Board of Commissioners of Public Company shall
attend Annual GMS;
3. Summary of GMS shall be available in the Website of Public Company for at least 1 (one) year;
4. Public Company shall have policy on communication with shareholders or investors;
5. Public Company shall disclose its policy on communication with shareholders or investors in the
Website;
6. The number of members in the Board of Commissioners shall take into account the condition of
the Public Company;
7. The composition of members in the Board of Commissioners shall take into account the diversity
of skills, knowledge, and experience required;
8. Board of Commissioners shall have its own self-assessment to assess the performance of the
Board of Commissioners;
9. The self-assessment policy to assess the performance of Board of Commissioners shall be
disclosed in the Annual Report of Public Company;
10. Board of Commissioners shall have policy on resignation of its members if the person were
involved in financial crime;
11. Board of Commissioners, or a Committee performing Nomination and Remuneration function,
shall make policy on succession in the process of Nominating members of the Board of Directors;
Implementation 12. The number of members in the Board of Directors shall take into account the condition of the
of Aspects and Public Company and effectiveness in decision making;
PRINCIPLES of 13. The composition of members in the Board of Directors shall take into account the diversity of
GCG, skills, knowledge, and experience required;
including: 14. Member of the Board of Directors that supervises accounting and finance sector should have
expertise and/or knowledge in accounting;
15. Board of Directors shall have its own self-assessment to assess the performance of the Board of
Directors;
16. The self-assessment policy to assess the performance of Board of Directors shall be
disclosed in the Annual Report of Public Company;
17. Board of Directors shall have policy on resignation of its members if the person were
involved in financial crime;
18. Public Company shall have policy to prevent insider trading;
19. Public Company shall have policy on anti-corruption and anti-fraud;
PT Bank BTPN Syariah Tbk | 2023 Annual Report
20. Public Company shall have policy on selection and capacity improvement of suppliers or
vendors;
21. Public Company shall have policy on the fulfillment of creditors’ rights;
22. Public Company shall have policy on whistleblowing mechanism;
23. Public Company shall have policy on long-term incentive for the Board of Directors and
employees;
24. Public Company shall utilize information technology more expansively in addition to
website as information disclosure media;
25. Annual Report of Public Company shall disclose the final beneficial owner within the
shares ownership of at least 5% (five percent) in the Public Company, in addition to the
disclosure of final beneficial owner within the shares ownership in the Public Company
through main and controlling shareholders.
Throughout 2023, BTPN Syariah has continued its commitment to prioritizing the implementation
of GCG guidelines in all levels of organization.
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Implementation of
GOVERNANCE
increasing the sstandards for
3. Handling Conflicts of Interest;
implementing GCG guidelines in 4. Implementation of a Compliance Culture;
BTPN Syariah 5. Supervision in the field of Internal Audit;
The Bank has been mandated to improve its 6. External Audit Function;
standards for implementing guidelines on good 7. Implementation of the precautionary principle
corporate governance (GCG). BTPN Syariah in the field of Risk Management;
is continuously working towards presenting 8. Internal Control System;
transparent and high-quality information to 9. Providing Remuneration;
all stakeholders, following both regulatory and 10. Implementation of Sharia Principles in Fund
international standards at the Southeast Asian Collection and Fund Distribution Activities and
level. Services;
11. Integrity of Reporting and Information
Guided by the Asean Corporate Governance Technology Systems;
Standards (ACGS), BTPN Syariah has successfully 12. Bank Strategic Plan;
implemented GCG practices that have been 13. Shareholder Aspects;
recognized by the Indonesian Stock Exchange and 14. Implementation of Anti-Fraud Strategy,
OJK Capital Markets, resulting in receiving the including anti-bribery;
International Asean Corporate Governance award 15. Implementation of Sustainable Finance,
in early 2023. In response to this achievement, including implementation of social and
the Implementation Team was invited by the environmental responsibility;
Indonesian Stock Exchange in January 2024. 16. Implementation of governance in the bank
This invitation serves as a positive indication of business group;
BTPN Syariah's commitment to maintaining 17. Establishment of a Collective Identity;
effective GCG principles, as recognized by the 18. Implementation of the Maximum Fund
Indonesia Stock Exchange. As a testament to its Distribution Limit Provisions;
efforts, BTPN Syariah has been included in the 19. Transparency of Financial and Non-Financial
TOP 20 public companies in Indonesia, meeting Conditions;
international Southeast Asia standards since the 20. Report and Assessment of GCG
assessment began based on performance for the Implementation.
2021 financial year.
standard of quality for implementing GCG
Complementing the achievement of implementing through the active role of bank organs
good GCG principles at the international level, The Bank's organs at BTPN Syariah, which
Alhamdullilah, BTPN Syariah also achieved consist of the General Meeting of Shareholders,
achievements at the national level by winning Board of Directors, Board of Commissioners and
the Top 50 Issuers with the Largest Market Sharia Supervisory Board, are deemed to have
Capitalization at the 14th IICD Corporate implemented good GCG implementation.
Governance Award at the end of September 2023,
in the Best Financial Sector category. The form of active supervision by the Board of
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Commissioners and the Sharia Supervisory Board
BTPN Syariah will surely continue to perfect every is to ensure that GCG principles are implemented
process appropriately through sustainable and at BTPN Syariah. In carrying out its supervisory
consistent business growth and running in rhythm function, the Board of Commissioners is assisted
with perfecting the implementation of good GCG by a Committee at the level of the Board of
principles in the Bank. Commissioners to ensure that every policy,
strategic decision, product and service as well as
Quality standards for implementing GCG are the management of human resources, logistics
implemented through various mechanisms and and supporting documentation are fulfilled
parameters, including: properly.
1. Active Role of Bank Organs;
2. Internal Reporting;
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good corporate governance
The type of supervision by the Sharia Supervisory Further information regarding Bank Organs
Board, supported by the Compliance Team, is to is contained in the presentation regarding
ensure that the supervisory function is carried out Shareholders, Board of Directors, Board of
over BTPN Syariah regarding the implementation Commissioners and Sharia Supervisory Board
of GCG principles and sharia principles in every in the GCG Implementation Report in this 2023
activity, product and service, as well as the bank's Annual Report.
operational activities.
standard of quality for implementing GCG
Supervision of the Board of Commissioners and through handling conflicts of interest
Sharia Supervisory Board includes supervision of Handling conflicts of interest at BTPN Syariah
the implementation of GCG principles in branch is regulated in the Corporate Governance Policy,
offices and functional offices throughout Indonesia Charters for Bank Organs and Bank Supporting
through periodic visits. As community activities Organs, as well as the Code of Ethics.
and mobility begin to recover in 2023, supervision
via the direct visit method will be carried out again. The Bank has adequate internal procedures in
Throughout 2023, the Board of Commissioners has accordance with the provisions for handling
visited several regions online and in person, while conflicts of interest which are binding on every
the DPS has carried out direct supervision visits to management and employee at BTPN Syariah. The
several cities in Indonesia. Every recommendation administration, recording, documentation and
and follow-up from the results of the visit has been disclosure of conflicts of interest are contained in
well managed. the minutes of meetings and/or other documents
in accordance with the requirements.
The Board of Directors has carried out
management functions assisted by a Committee As a sharia commercial bank and public company,
at the level of the Board of Directors at BTPN BTPN Syariah is obliged to disclose information
Syariah and has ensured the suitability of and report to the Regulator as regulated in OJK
operational activities, products and services, provisions in the event of a conflict of interest in
the availability of supporting equipment and the implementation of a transaction at the Bank.
infrastructure in the form of adequate provisions
and procedures and in accordance with Regulator In 2023, there were no transactions containing
provisions. conflicts of interest at BTPN Syariah.
When it comes to the adequacy of risk Further information regarding Information
identification, measurement, monitoring Disclosure is presented in the Corporate Secretary's
and control, as well as the risk management presentation in the 2023 Annual Report.
information system, BTPN Syariah has fulfilled
process adequacy, including good capital standard of quality for implementing GCG
adequacy. The Bank also has an Operational Risk based on implementing compliance culture
Management System (ORMS) system to support As a Public Company with shares listed on the
operational risk supervision and control where all stock exchange, the Bank's level of compliance
risk events are recorded, managed and analyzed to with applicable regulations must continue to be
anticipate and mitigate the possibility of the same improved from time to time, not only complying
thing happening again in the future. with the provisions of the Financial Services
Authority, but also complying with the provisions
PT Bank BTPN Syariah Tbk | 2023 Annual Report
In the context of the supervision of Subsidiaries, of the Capital Market Supervisory Financial
the Board of Directors, Board of Commissioners Services Authority, the provisions of the Stock
and Sharia Supervisory Board have their respective Exchange Indonesia as well as other related
duties and responsibilities to ensure prudential Regulatory provisions.
principle in capital investment activities and the
implementation of consolidated risk management The compliance culture at BTPN Syariah prioritizes
for Banks that exercise control over subsidiaries several things, namely Governance, Awareness and
as well as the implementation of good corporate Assessment. BTPN Syariah has implemented a Risk
governance in regards to the maximum limit for Based Approach (RBA) through the Sectoral Risk
channeling funds whilst ensuring supervision of the Assessment (SRA) method for implementing the
bank's soundness level on a consolidated basis. APU-PPT program in line with the provisions of the
Financial Services Authority and PPATK.
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In accordance with Key Strategic Initiatives, Further information regarding Internal Audit is
the compliance function is adjusted to existing presented in the GCG Implementation Report in
needs, namely ensuring a culture of compliance the 2023 Annual Report.
is implemented at BTPN Syariah. Apart from
the Sharia Compliance and Advisory functions, standard of quality for implementing GCG
and AML and CFT Compliance, Compliance through the external audit function
Development was also developed to perfect tools BTPN Syariah applies GCG principles in the
and various concepts in order to increase the ease process of appointing public accountants and
of employees accessing external and internal public accounting firms registered with Bank
regulations. Indonesia to audit the Bank's financial reports.
The appointment of a public accountant and Public
Systems and procedures continue to be refined Accounting Firm always refers to the decision at
to support all processes at BTPN Syariah to run the General Meeting of Shareholders.
simply and securely.
The Bank's financial reports and other financial
The Bank also ensures the availability of adequate information audited by external auditors are used
systems and procedures for Subsidiaries in as references in assessing the Bank's health.
carrying out their business activities.
Further information regarding the External Audit
Further information regarding Compliance is and Public Accounting Firm selected by the Bank
presented in the GCG Implementation Report in in 2023 can be found in the GCG Implementation
this 2023 Annual Report. Report in this 2023 Annual Report.
standard of quality for implementing GCG standard of quality GCG implementation
through supervision in the field of internal quality standards are based on the
audit precautionary principle through the field
Internal Audit is an independent work unit of risk management
that is directly responsible to the President BTPN Syariah pursues quality standards for
Director and functionally to the Audit implementing GCG based on the precautionary
Committee. Internal Audit at BTPN Syariah principle through the field of Risk Management
has successfully implemented all plans and by continuously improving the implementation of
work programs for 2023 where the results of internal risk management and coordinating the
inspections and supervision have been used as implementation of integrated risk management
material for evaluating improvements in terms with PT Bank BTPN Tbk as the Parent Entity.
of management policies, business processes
and operational activities that comply with In relation to supervision of Subsidiaries, the
internal and external procedures, infrastructure Bank applies the principle of prudence in capital
completeness and supporting procedures as well participation and the principle of prudence in
as in terms of managing human resources. the context of implementing consolidated risk
management for banks that exercise control over
In order to ensure good GCG implementation as subsidiaries, including supervision of the maximum
assessed by independent reports, there are regular limit for providing financing to related parties.
discussions on audit results between the Board
of Directors and the Internal Audit Committee In order to build a Risk Management framework,
where a summary of the discussion is routinely BTPN Syariah developed a systematic and
PT Bank BTPN Syariah Tbk | 2023 Annual Report
submitted to the President Director and Board of measurable first line of defense through the CARE
Commissioners through the Audit Committee or at (Champion of Assurance for Risk Enterprise)
related corporate meetings. Program. CARE has the responsibility to identify,
understand & monitor the Inherent Risk Indicator,
Internal Audit has recommended corrective RCSA, LED, Risk Appetite and Risk Tolerance in
steps for all Divisions and Work Units using both each work unit in the Bank as well as ensuring
direct supervision and consultation methods, the adequacy, suitability and existence of Policies
which refer to regulatory provisions regarding the and Procedures as well as monitoring unit limits
Implementation of the Internal Audit Function in and authority it works. CARE also ensures that
Commercial Banks, International Standards for contingency plans are available for emergency
the Professional Practice of Internal Auditing, and situations.
the Annual Audit Plan 2023.
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good corporate governance
In terms of supervision, CARE is carried out through active discussions and sharing with RMU and the
Internal Risk Forum regarding the risk exposure that occurs, control mechanisms and action plans as well as
coordinating in completing improvements to risk indications, auditor findings and Quality Assurance.
Further information regarding Risk Management is presented in the GCG Implementation Report in the
2023 Annual Report.
standard of quality for implementing GCG through the internal control system
BTPN Syariah implements 3 (three) lines of defense to carry out internal control, namely:
First Second Third
Line Line Line
Internal control function The Risk Management Internal Audit will
(Quality Assurance), assisting Division together with the independently ensure that
the Risk Taking Unit in Compliance Division defines, all residual risks have been
enforcing discipline in daily refines and maintains the managed in accordance with
operational risk control operational risk management the agreed risk tolerance.
practices; methodology, ensures the
adequacy of risk mitigation,
policies and procedures, and
coordinates/facilitates overall
operational risk management
activities;
Risk Oversight Comittee and Audit Comittee
Board of Directors
1st Line of Defense 2nd Line of Defense 3rd Line of Defense
Line Management Control
Risk Management Internal Audit
(PUK)
Quality Assurance
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Compliance
(QA)
standard of quality for implementing GCG based on remuneration
BTPN Syariah is committed to implementing governance in providing remuneration. The Bank has a
Remuneration Policy which aims to ensure that remuneration is provided in accordance with applicable
legal provisions, individual work performance, fairness with peer groups, and the Bank's capabilities.
Further information regarding Remuneration Governance is presented in the GCG Implementation Report
in the 2023 Annual Report.
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standard of quality for implementing standard of quality in GCG
GCG through the implementation of implementation based on the shareholders
sharia principles in fund acquisition, fund aspect
channeling, and service quality Shareholders in BTPN Syariah, both controlling and
As a sharia commercial bank, BTPN Syariah the public, provide support for the implementation
fulfills sharia principles in the Bank's operational of bank business activities and management that
activities as regulated in Bank Indonesia are healthy, competitive and in accordance with
regulations regarding the implementation of the principles of prudence, risk management and
Sharia Principles in Fund Acquisition and Fund applicable laws and regulations, one of which is
Channeling as well as sharia banking services. proven through granting approval to use most
of the profits are to support the Bank's business
During 2023, BTPN Syariah has implemented activities.
sharia principles in fund acquisition and channeling
activities as well as providing good services. Further information regarding the fulfillment
of rights and obligations to Shareholders is
standard of quality for implementing GCG presented in the GCG Implementation Report in
in the integrity of reports and information the Compliance presentation in this 2023 Annual
technology systems Report.
In order to improve the quality of the decision-
making process by the Board of Directors as standard of quality for implementing GCG
well as the quality of the supervision process through fraud awareness
by the Board of Commissioners and the Sharia The Board of Directors is committed to continuing
Supervisory Board, BTPN Syariah applies reliability to reduce the number of internal violations through
in the preparation of financial reports and financial routine "fraud awareness" outreach programs to
performance information that is not audited by all employees through JAGA, which is an internal
External Audit, as well as ensuring the availability tool for employees or other parties who wish to
and adequacy of internal reporting supported by submit reports/information on suspected fraud.
adequate and reliable management information
system in the Bank. As a form of commitment to ensure zero tolerance
for fraud in all Bank business activities, the Board
In 2023, internal reporting compliance was of Directors provides various JAGA channels that
properly available. can be accessed easily.
As a Sharia Commercial Bank, the Bank Further information regarding JAGA and Anti
undertakes the obligation to implement Fraud Management is presented in the GCG
transparency regarding products and use of Implementation Report in the Compliance report
customer data as regulated in Bank Indonesia in this 2023 Annual Report.
provisions concerning Transparency of Bank
Product Information and Use of Customer standard of quality for implementing
Personal Data. GCG in the implementation of sustainable
finance
Further information regarding Information BTPN Syariah implements sustainable finance
Technology Reports and Systems is presented in in business activities and the Board of Directors
the Information Technology presentation in this has prepared a Sustainable Finance Action Plan.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
2023 Annual Report. In its implementation, BTPN Syariah has a social
and environmental responsibility fund to support
standard of quality for implementing GCG activities to implement sustainable finance
in preparing the bank's strategic plan and fulfill POJK regarding the implementation
In order to realize sustainable growth, the of sustainable finance for financial service
Board of Directors has prepared and submitted institutions, issuers and public companies.
strategic plans in the form of a Corporate Plan,
Business Plan and Sustainable Financial Action Further information regarding sustainable
Plan that have been reviewed by the Board of financial actions is presented in the GCG
Commissioners in accordance with the prevailing Implementation Report in the Compliance report
laws concerning commercial banks and sharia in this 2023 Annual Report.
commercial banks.
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good corporate governance
standard of quality for implementing GCG • For #bankirpemberdaya who do not have direct
in bank business groups contact with customers
As part of the BTPN and SMBC Group business Simple and secure in building every product
groups, the Board of Directors, the Board of and process (simple and secure), which means
Commissioners, and the Sharia Supervisory Board having full awareness of building simple but
carry out regular coordination and evaluation secure products and processes with a defined
regarding the implementation of good corporate risk tolerance. This is because underprivileged
governance and carries out banking synergies families have limited education, financial
guided by POJK regarding commercial banks or records and formal documentation.
POJK regarding Sharia Commercial Banks.
This distinctive characteristic of
To ensure cooperation is always within the #bankirpemberdaya makes BTPN Syariah remain
compliance corridor, strategic coordination is loyal in serving inclusive underprivileged families,
carried out between related functions to support so that developments in the implementation of
efforts to provide supporting documents for the BDKS (Courage, Discipline, Hard Work, and Mutual
preparation of the Banking Synergy Report for the Assistance) have a big impact on performance,
needs of both entities in a timely manner. quality and building business from businesses
inclusive underprivileged families.
Further information regarding Banking Synergy
within the Business Group is presented in the BTPN Syariah is committed to creating a positive
GCG Implementation Report in the Compliance work environment, creating opportunities to
presentation in this 2023 Annual Report. grow and have a more meaningful life as well as
stepping together and making achievements to be
standard of quality for implementing resilient together in facing business challenges and
GCG with the declaration of a collective opportunities.
identity
Along with the development of the Bank's scale standard of quality for GCG
and business activities, the challenges it faces are implementation through the provisions of
becoming bigger and more complex. In order to legal lending limit (LLL)
unite the determination of employees in carrying In order to increase its role in the economy, BTPN
out the mission and vision as well as strengthening Syariah is taking steps to support economic
character at BTPN Syariah, a collective identity growth, including financing the real sector.
was launched, namely as #bankirpemberdaya.
The term #bankirpemberdaya means a profession The Bank always strives to pay attention to the
that works in a bank (banker), but is a different prudential principle in managing risks properly,
kind of banker, who raises funds from prosperous especially risks related to concentration risk.
groups and then distributes them to empower
underprivileged families, in order to fulfill the soul's BTPN Syariah has provisions governing BMPD as
longing to benefit others. well as provisions for providing funds, especially
providing funds to related parties, distributing large
Each #bankirpemberdaya has unique funds (large exposures) and/or distributing funds to
characteristics that are built together and are other parties who have an interest in the Bank.
important indicators that are really needed by
PT Bank BTPN Syariah Tbk | 2023 Annual Report
productive underprivileged families, namely: During 2023, BTPN Syariah has fulfilled the
provisions regarding the legal lending limit and there
• For #bankirpemberdaya who deal directly with have been no violations of the LLL.
customers
Responsible for every service with customers standard of quality for implementing GCG
(Responsible Customer Engagement), which through transparency of financial and
means #bankirpemberdaya on the front line non-financial conditions
have full awareness of always being responsible In order to implement transparency in financial and
for serving customers; non-financial conditions, the Board of Directors has
prepared and presented reports as regulated in the
Regulatory provisions regarding Transparency and
Publication of Sharia Commercial Bank Reports
and Public Company Reports.
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BTPN Syariah has a Website to ensure 2023 GCG implementation results
Information Disclosure and that all information The application of GCG principles coupled
to stakeholders, both financial and non-financial with the spirit of innovation for good and
conditions, is presented in an integrated and #tangguhbersama (#resilienttogether) has
complete manner and updated regularly. brought BTPN Syariah to achieve healthy
performance growth during 2023 as seen in the
BTPN Syariah also has a mechanism for conveying main performance indicators as of 31 December
financial and other non-financial information to 2023 as follows:
stakeholders, including through General Meetings • ROE 13.2%
of Shareholders and Public Exposes. • CAR 51.6%
• Total Asset Rp 21.4 trillion
Further information regarding Information • Total Financing amounting to Rp 11.4 trillion
Disclosure is presented in the presentation of the • Third Party Funds amounting to Rp 12.4 trillion
Corporate Secretary and financial conditions in
the presentation of the Financial Report (audited) As well as gaining trust and recognition
in this 2023 Annual Report. from external parties both on a national and
international scale through receiving various
standard of quality for GCG national and international awards during 2023.
implementation through GCG
implementation reports and assessments international
BTPN Syariah has carried out a self-assessment 1. 2021 ASEAN Corporate Governance Scorecard
for Semester I and Semester II 2023. The results (ACGS)
of the GCG self-assessment carried out by • ASEAN Assets Class PLCs
BTPN Syariah in Semester I and Semester II 2. Annual Report 2022 – LACP 2022 Vision Awards
2023 illustrate that the Bank's GCG is stable at Annual Report Competition
level 2 (Good) in the overall assessment of the • Gold Winner Category
Governance Structure, Governance Process, and • Top 80 Reports – Asia Pacific Region
Governance Outcome. • Top 20 – Indonesian Reports
• Technical Achievement Award
In consolidation with the Parent Entity, the 3. ARC Award International XXXVII
Bank's GCG value is level 2 (good). The Bank has • Gold Award Category
also carried out a consolidated self-assessment
with Subsidiary Companies as an assessment national
parameter whose weight is measured with a value 1. Public Relation Indonesia Awards 2023
of level 2 (Good). This fulfillment is the Bank's • Gold Winner in the Annual Report Category for
commitment to monitoring initiatives regarding the private sector
the implementation of governance in Subsidiary 2. Infobank 12th Digital Brand Awards
Companies which have carried out operational • The Strongest Company in Ultra Micro
activities since 2022. Market Segment Penetration
• The Best Sharia Bank (KBMI) kategori asset
The Board of Directors, the Board of dibawah 50T
Commissioners, and the Sharia Supervisory Board 3. Warta Ekonomi Indonesia
have also submitted a GCG implementation • Indonesia Best Sharia Finance 2023 with
report for 2022 at the General Meeting of Outstanding Development of Digital
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Shareholders on April 12, 2023. The scope of Ecosystem to Improve Financial Inclusion
the GCG implementation report is as regulated 4. Her Story Indonesia Best Workplace for Women
in Bank Indonesia Regulations regarding the Awards 2023
implementation of GCG for Sharia Commercial • Best Workplace for Women 2023 in Dedicating
Banks and is listed on the Bank's Website. for Inclusive Employees Development
5. Appreciation for 52 Issuers Tempo Index - IDN
The GCG implementation report for 2023 is as • Improved financial performance portfolio in
stated in this 2023 Annual Report. the last 5 years up to February 2023
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good corporate governance
6. Bisnis Indonesia Financial Award (BIFA) 2023 10. Bank Indonesia Awards 2023
• The Best Performance Bank • Best Inclusive Financing Supporting Bank, in
• The Most Efficient Bank the category KBMI 1 & 2 Bank (2016-2023)
7. 28th Infobank Award • Best Participant of FMI BI System (BI-RTGS
• Sharia Institution with predicate “Excellent” and BI-SSSS)
for Financial Performance in 5 Consecutive 11. Republika Sharia Award 2023
Years (2018-2022) • Best MSME Financing
• Sharia Institution with predicate “Excellent” 12. The Iconomics 5th Anniversary Best 50
for Financial Performance Bank in 2022 Financial Institution Awards 2023
8. The 14th Indonesian Institute for Corporate • Best Brand Popularity in Sharia Bank
Directorship (IICD) Corporate Governance Category
Conference and Award 13. CNBC Awards 2023
• Top 50 Issuers with the Biggest Market • Most Outstanding Sharia Banking in
Capitalization Microfinance
• Best Financial Sector 14. Infobank Top 100 CEO & The Next Leader, 2023
9. 12th Infobank Sharia Award 2023 • Top 100 CEO
• The Best Islamic Commercial Banking in Hadi Wibowo,
Performance Quality and Empowering Micro BTPN Syariah's President Director
Business • Top 200 The Next Leader
• Excellence Financial Performance Islamic Fachmy Achmad,
Commercial Banking in 5 Consecutive Years BTPN Syariah's Director
(2018-2022)
• Excellence Financial Performance Islamic
Commercial Banking in 2022 KBMI 2 (asset
class < Rp 50T)
GCG implementation commitment realization
By upholding its commitment to implementing the guidelines and principles of Good Corporate
Governance, with the Government declaring endemic status at the end of June 2023, BTPN Syariah
has played an active role not only in realizing the commitment on an ongoing basis, but has gradually
continued to improve the quality of GCG implementation over time to time which ultimately provides
confidence that BTPN Syariah is present in realizing empowerment to realize the aspirations of all
stakeholders.
The realization of the implementation of GCG principles is carried out in a measurable manner guided by
regulatory provisions in the implementation of operational and business activities which are adapted to
the complexity of the Bank and the current situation, without reducing the Bank's efforts to continue to
innovate through the presence of information technology to provide convenience in implementing GCG in
its daily implementation throughout organizational level. PT Bank BTPN Syariah Tbk | 2023 Annual Report
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The three strategies adopted by BTPN Syariah in realizing the implementation of GCG include:
Governance
All supervisory actions taken by the Board of Commissioners, Sharia Supervisory Board, Board of Directors, and
Other Supporting Organs through measured and structured mechanism, updating of the overall internal control
procedures and provisions as well as ensuring that they are in sync with all operational processes, fulfillment of
the Bank’s commitment and improvement for the Regulator and all stakeholders, and ensuring that every aspect
of the compliance have been properly implemented.
Awareness
The initiatives across all levels of organization in an effort to improve culture of compliance with the regulations
and the employees’ daily tasks and work, the provision of attractive media and platform to inform employees
on regulations, and the involvement of the Sharia Supervisory Board in the Bank to ensure that business and
operational processes have been in line with the sharia principles and are accountable.
Assessment
All supervisory, inspection, and formulation of efforts to improve and develop, which aim to improve the Bank’s
compliance with regulations, including by inspection at the Head Office, Branch Office, and on the Site, through
identification of customers to guard and protect the Bank from any practice of money laundering, terrorism-
related funding, and others.
the fullfillment of commitment for 3. In order to fulfill PBI Number 11/33/PBI/2009
GCG implementation at BTPN Syariah and SEBI Number 12/13/DPBS concerning
as a public company and as a Sharia the Implementation of Good Corporate
Commercial Bank in 2023, includes the Governance for Sharia Commercial Banks
following: and Sharia Business Units, PBI Number
15/13/PBI/2013 concerning amendments
1. In order to fulfill PBI Number 11/33/PBI/2009 to PBI 11/3 /PBI/2009 concerning Sharia
and SEBI Number 12/13/DPBS concerning Commercial Banks and POJK Number 33/
the Implementation of Good Corporate POJK.04/2014 concerning Directors and Board
Governance for Sharia Commercial Banks and of Commissioners of Issuers, BTPN Syariah
Sharia Business Units, Board of Directors with has ensured that the entire nomination and
the approval of the Board of Commissioners appointment process for new members
and the Sharia Supervisory Board has carried of the Board of Directors and Board of
out regular updates on Main Policies and other Commissioners is in accordance with the
supporting Policies in 2023; provisions. All effective members of the Board
2. In order to comply with PBI Number 11/33/ of Directors, the Board of Commissioners, and
PBI/2009 and SEBI Number 12/13/DPBS the Sharia Supervisory Board have passed the
PT Bank BTPN Syariah Tbk | 2023 Annual Report
concerning the Implementation of Good Fit and Proper Test from the Financial Services
Corporate Governance for Sharia Commercial Authority (OJK);
Banks and Sharia Business Units, BTPN Syariah 4. In order to comply with PBI Number 11/33/
has had Guidelines and Work Rules for Bank PBI/2009 and SEBI Number 12/13/DPBS
Organs and Bank Supporting Organs, including concerning the Implementation of Good
Charter for the Board of Commissioners, Corporate Governance for Sharia Commercial
Directors, Board of Commissioners Committee Banks and Sharia Business Units, the Board
and Board of Directors Committee; of Commissioners and Directors have given
approval for changes to the composition
of Board of Commissioners and Board of
Directors Committees in 2023;
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good corporate governance
5. In order to fulfill POJK 8/POJK.03/2014 Large Funds for Commercial Banks, the Board
concerning Assessment of the Soundness of Directors prioritizes the principle being
Level of Sharia Commercial Banks and careful and submitting reports regarding
Sharia Business Units and POJK Number 65/ Related Parties periodically or incidentally in
POJK.03/2016 concerning the Implementation the event that there is an update to the data
of Risk Management for Sharia Commercial in the report;
Banks and Sharia Business Units, as well 11. In order to fulfill POJK Number 15/
as paying attention to SEOJK Number 10 / POJK.04/2020 concerning Planning and
SEOJK.03/2014 regarding the Soundness Organizing General Meetings of Shareholders
Assessment of Sharia Commercial Banks, BTPN of Public Companies, BTPN Syariah has held
Syariah has risk management and internal an Annual General Meeting of Shareholders in
control standards in accordance with the three 2023;
lines of defense principle; 12. In order to fulfill POJK Number 16/
6. In order to comply with POJK Number 21/ POJK.04/2020 concerning the Implementation
POJK.04/2015 concerning Implementation of General Meetings of Shareholders of Public
of Public Company Governance Guidelines, in Companies electronically, BTPN Syariah
conjunction with OJK Circular Letter Number has held the Annual General Meeting of
32/SEOJK.04/2015 concerning Public Company Shareholders in 2023 electronically (e-GMS)
Governance Guidelines, BTPN Syariah is guided and provided alternatives for granting proxies
by the Governance Guidelines which include and casting votes. electronically (e-Proxy and
5 ( five) aspects, 8 (eight) principles of good e-Voting);
corporate governance, as well as 25 (twenty 13. In order to comply with SEOJK Number 16/
five) recommendations for implementing SEOJK.04/2021 concerning the Form and
aspects and principles of good corporate Content of Annual Reports of Issuers or Public
governance; Companies, the 2023 Annual Report and
7. In order to fulfill POJK Number 8/ Sustainability Report of BTPN Syariah has
POJK.04/2015 concerning Issuer or Public adopted the provisions in question;
Company Websites, BTPN Syariah is 14. In order to fulfill SEOJK Number 29/
committed to transparency and disclosure of SEOJK.03/2022 concerning Cyber Resilience
information in accordance with the provisions; and Security for Commercial Banks and POJK
8. In order to comply with POJK Number 29/ Number 11/POJK.03/2022 concerning the
POJK.04/2016 concerning Annual Reports Implementation of Information Technology
of Issuers or Public Companies, the Board of by Commercial Banks (including Sharia
Directors, the Board of Commissioners, and Commercial Banks), the Board of Directors has
the Sharia Supervisory Board have submitted formed an Information Security Management
its Annual Report for the financial year ending System Committee in 2023;
on December 31, 2022 and has received 15. In order to comply with POJK Number
shareholder approval at the General Meeting of 9 of 2023 concerning the Use of Public
Shareholders on April 12, 2023; Accounting Services and Public Accounting
9. In order to fulfill POJK Number 30/ Firms in financial services activities regarding
POJK.04/2017 concerning the Buyback of Procedures for Using Public Accounting
Shares Issued by Public Companies and POJK Services and Public Accounting Firms in
Number 59/POJK.03/2017 concerning the financial services activities, BTPN Syariah has
Implementation of Governance in Providing paid attention to restrictions on the use of
Remuneration for Sharia Commercial Banks audit services for annual historical financial
and Sharia Business Units, BTPN Syariah information from the same public accountant
PT Bank BTPN Syariah Tbk | 2023 Annual Report
has transferred some of the treasury shares and ensure that the appointment of the Public
resulting from the buyback, with a distribution Accountant and Public Accounting Firm to
date of January 25, 2023 in order to provide examine the Bank's books for the financial year
variable remuneration to the Board of Directors ending on December 31, 2023 is in accordance
for BTPN Syariah's performance in accordance with the provisions;
with applicable regulations; 16. In order to fulfill POJK Number 17 of 2023
10. In order to fulfill POJK Number 38/ concerning the Implementation of Governance
POJK.03/2019 concerning POJK Number 31/ for Commercial Banks, BTPN Syariah has made
POJK.03/2018 concerning Amendments to adjustments to the Guidelines and Regulations
POJK Number 32/POJK.03/2018 Maximum for Bank Organs and Bank Supporting Organs
Limits for Providing Credit and Providing in 2023.
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the fulfillment of commitment to implement the fulfillment of commitment for GCG
GCG for information disclosure in 2023 implementation through banking synergy
include the following: in 2023, include the following:
1. In order to fulfill POJK Number 31/POJK.04/2015 In order to fulfill POJK Number 16/POJK.03/2022
concerning Disclosure of Information or Material concerning Sharia Commercial Banks which
Facts by Issuers or Public Companies, the Board regulates Banking Synergy, BTPN Syariah together
of Directors has implemented transparency with PT Bank BTPN Tbk which has an ownership
in the presentation of Annual Reports, Interim relationship, has carried out banking synergy:
Financial Reports and Annual Financial Reports, 1. Contained in 10 (ten) cooperation
consolidated reports and other incidental reports agreements as of 31 December 2023. These
through reporting system to Regulators and Cooperation Agreements aim to support the
announcing to the public via the BTPN Syariah implementation of BTPN Syariah activities
website; and provide added value for sharia commercial
2. In order to fulfill POJK No. 7/POJK.04/2018 banks and commercial banks;
concerning Submission of Reports through 2. The presence of a Subsidiary Entity from
the electronic reporting system of issuers or BTPN Syariah called PT BTPN Syariah Ventura
public companies, the Board of Directors has which aims to adapt to the ever-changing
submitted regular reports; needs of customers and ensure that there is
3. In order to fulfill the Decree of the Board an increase in the welfare of underprivileged/
of Directors of PT Bursa Efek Indonesia moderately prosperous customers, as well as
Number KEP-00066/BEI/09-2022 concerning the opportunity to serve more customers in
Amendments to Regulation Number a sustainable manner by utilizing technology
I-E concerning Obligations to Submit for good to build aspirations: Sharia Digital
Information, the Board of Directors ensures Ecosystem for the Unbanked.
the fulfillment of the obligation to submit
information on the Monthly Report on Explanation regarding Subsidiaries is in the
Securities Holder Registration or Changes in explanation of Subsidiaries in this 2023 Annual
Shareholder Structure through the reporting Report
system to regulators periodically and the
information is listed on the Bank's website; the fulfillment of commitment for gcg
4. In order to fulfill the Decree of the Directors implementation through sustainability
of PT Bursa Efek Indonesia Number KEP- actions in 2023, include the following:
00066/BEI/09-2022 concerning Amendments In order to fulfill POJK Number 51/POJK.03/2017
to Regulation Number I-E concerning the concerning the Implementation of Sustainable
Obligation to Submit Information, part III 1.3.1, Finance for Financial Services Institutions, Issuers
BTPN Syariah carried out a Public Expose and Public Companies:
on 26 October 2023 and has submitted a 1. BTPN Syariah has a Sustainable Financial
Public Expose Implementation Report to the Action Plan for the 2020-2024 period (2024
Financial Services Authority and PT Bursa Efek indicators);
Indonesia on October 31, 2023 and carried out 2. BTPN Syariah has published a Sustainability
information disclosure for this purpose; Report for the 2022 financial year which will be
5. In order to fulfill the Decree of the Board published in 2023 by presenting the report in a
of Directors of PT Bursa Efek Indonesia timely manner;
Number KEP-00101/BEI/12-2021 concerning 3. The 2022 financial year Sustainability Report is
Amendments to Regulation Number I-A available on the Bank's Website as of the date
concerning the Listing of Shares and Equity of the Invitation to the Annual General Meeting
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Securities Other Than Shares Issued by Listed of Shareholders on April 12, 2023;
Companies in connection with the Free Float 4. The Board of Directors, the Board of
provisions as a requirement to remain listed Commissioners, and the Sharia Supervisory
on the Main Exchange Board, the composition Board have carried out transparent
of public share ownership in BTPN Syariah has communication to stakeholders, including
met the provisions where as of December 31, Shareholders and Investors regarding the
2023, public share ownership reaches 29.99%. Sustainable Finance Action Plan as required by
The information referred to is submitted to POJK Number 51/POJK.03/2017 regarding the
the public every month along with the Monthly Implementation of Sustainable Finance at the
Securities Holder Registration Report to the Annual General Meeting of Shareholders on
Indonesian Stock Exchange and the Capital April 12, 2023.
Market Supervisory Financial Services
Authority.
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good corporate governance
the fulfillment of commitment related to General Meetings of Shareholders of
subsidiary, include the following: Public Companies and the company's
1. In the context of initial capital participation articles of association with easily accessible
and additional capital in Subsidiaries, BTPN supporting documents;
Syariah has taken into account provisions b. Aiming to provide fair treatment to
including: shareholders, BTPN Syariah distributed
a. Fulfillment of POJK Number 38/ cash dividends to shareholders and
POJK.03/2019 concerning Amendments to executed the payment date on May 12,
POJK Number 32/POJK.03/2018 concerning 2023. This cash dividend distribution marks
Maximum Limits for Providing Credit and the fourth cash dividend distribution since
Providing Large Funds for Commercial BTPN Syariah became a public company;
Banks; c. Improving the quality of communication
b. Fulfillment of POJK Number 22 of 2022 through the timely delivery of the Annual
concerning Capital Investment Activities by Report. The accountability report on the
Commercial Banks; implementation of GCG by the Board
c. Fulfillment of POJK Number 35/ of Commissioners, Sharia Supervisory
POJK.05/2015 concerning the Board, and Board of Directors along with
Implementation of Venture Capital supporting organs in the Bank has been
Company Business in connection with the included in BTPN Syariah's Annual Report for
business activities of Subsidiaries; the fiscal year ending on December 31, 2022,
2. In order to fulfill POJK Number 65/ and was presented at the RUPST held on
POJK.03/2016 concerning the Implementation April 12, 2023. All information regarding the
of Risk Management for Sharia Commercial Annual Report and the minutes of the 2023
Banks and Sharia Business Units, the Board RUPST has been reported to regulators and is
of Directors has implemented consolidated available on the BTPN Syariah website;
Risk Management implementation with d. Fulfilling annual obligations, the Board of
Subsidiaries including submitting a Directors, the Board of Commissioners, and
consolidated Risk Profile Report to the OJK in the Sharia Supervisory Board submitted
2023; and the Sustainability Report for the fiscal
3. In order to fulfill POJK Number 8/ year ending on December 31, 2022, at the
POJK.03/2014 and SEOJK Number 10/ RUPST on April 12, 2023, as compliance
SEOJK.03/2014 concerning Health Assessment with OJK 51/POJK.03/2017, indicating the
of Sharia Commercial Banks and Sharia commitment to sustainable financial action
Business Units, the Board of Directors for Financial Institutions, Issuers, and Public
has carried out a consolidated GCG Self Companies. Highlights of the sustainable
Assessment with Subsidiaries to complete the financial action plan were communicated to
GCG Self Assessment with Parent Entity. shareholders during the 2023 RUPST;
e. Guided by the provisions of the Indonesia
initiatives to improve the Stock Exchange (IDX) Regulation No. Kep-
implementation of good corporate 00066/BEI/09-2022 dated September
governance (GCG) at BTPN Syariah 30, 2022, regarding Amendments to
as a public company and Sharia Regulation No. I-E on the Obligation to
Commercial Bank in 2023, included: Submit Information, the Board of Directors
is committed to enhancing the quality of
1. compliance with regulators and transparency and information openness
shareholders: through an annual public disclosure at
PT Bank BTPN Syariah Tbk | 2023 Annual Report
a. Completing the electronic implementation least once a year. This annual public expose
of the 2023 Annual General Meeting of is intended as a continuous commitment
Shareholders (RUPST), BTPN Syariah to improving communication quality with
has facilitated shareholders by providing authorities, shareholders, investors, and the
electronic voting (e-voting) and electronic public;
proxy (e-proxy) facilities in accordance f. The 2023 BTPN Syariah public disclosure
with the Financial Services Authority took place on October 26, 2023. BTPN
(OJK) Regulation No. 15/POJK.04/2020 Syariah adhered to information disclosure
regarding the Plan and Implementation of regulations and legislation during the
General Meetings of Shareholders of Public implementation of the public disclosure.
Companies and OJK Regulation
No. 16/POJK.04/2020 concerning Electronic
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2. bank's organs - Board of Commissioners, d. In improving the quality of the Board of
Sharia Supervisory Board, and Board of Commissioners' tasks and responsibilities,
Directors aiming to consistently fulfill good GCG,
Initiatives s to enhance the quality of tasks BTPN Syariah has established mechanisms
and responsibilities performed by the Bank's for fulfilling tasks and responsibilities while
organs are pursued through the application adhering to relevant regulations concerning
of good corporate governance principles, the implementation of good GCG for
continuously refined over time. Specifically, in Sharia commercial banks and as a public
2023, these principles were reinforced through company. This involves compliance reporting,
the implementation of OJK Regulation No. compliance evaluations, business plan
17 of 2023 regarding the Application of implementation, supervision, field visits, and
Public Company Corporate Governance, periodic strategic discussions.
complementing the application of other
governance provisions at BTPN Syariah, e. During 2023, both the Board of Directors
including; and the Board of Commissioners have
a. To ensure diversity in membership and the approved strengthening arrangements
composition of the Board of Directors and within the Committees at the Board of
Board of Commissioners at BTPN Syariah Director and Board of Commissioners levels,
as a form of good GCG implementation, following regulations.
the strengthening of the Board of
Commissioners in 2023 involved appointing Committees at both levels have fulfilled
a new Independent Commissioner and a their functions as per the applicable
female Director, both approved at the 2023 regulations. Task fulfillment involves
Annual General Meeting of Shareholders. organizing meetings, strategic discussions,
evaluations, and periodic supervisory visits.
All members of the Board of Directors and
Board of Commissioners have been declared Meetings are conducted according to
competent and qualified by OJK. the Corporate Schedule, considering the
effective and efficient working guidelines of
b. The number of Independent Commissioners each Committee. Outcomes of Committee
at BTPN Syariah exceeds 50%. The current Meetings, as well as compliance with
composition of the Board of Commissioners the required number of meetings and
is four members, with three Independent attendance of each Committee member,
Commissioners and one Non-Independent have been well documented, recorded, and
Commissioner representing shareholders. adequately followed up.
One member of the Board of Commissioners
has been appointed as the President f. Strengthening diversity within the Board of
Commissioner. Directors at BTPN Syariah
The current Board of Directors consists
Further details are provided in the Board of of five members, with one serving as
Commissioners section of this Annual Report. President Director, and another appointed
as Compliance Director concurrently serving
c. Updates to the Guidelines and Working as Corporate Secretary. To comply with
Procedures of the Bank's Organs at BTPN the principle of diversity in the Board's
Syariah as per OJK Regulation No. 17 of 2023 composition, one woman Director is part of
regarding the Application of Governance for the Board.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Commercial Banks, complementing Bank
Indonesia Regulation No. 11/33/PBI/2009 All members of the Board of Directors
on the implementation of Good Corporate at BTPN Syariah have fulfilled OJK's
Governance for Sharia Commercial competency and qualification requirements.
Banks and Sharia Business Units, and
OJK Regulation No. 33/POJK.04/2014 Further details are provided in the Board of
on the Board of Directors and Board Directors section of this Annual Report.
of Commissioners of Issuers or Public
Companies. g. The Bank has appointed the Corporate
Secretary following the Financial Services
Authority Regulation No. 35/POJK.04/2014
dated December 8, 2014, regarding the
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good corporate governance
Corporate Secretary of Issuers or Public Throughout 2023, the DPS has provided
Companies and the Decision of the Board of Sharia Opinions on the Bank's products and
Directors of the Indonesia Stock Exchange services through monthly DPS meetings.
on Share Listing. The DPS has sought explanations from
relevant Bank officials in related work units
h. In enhancing the quality of its tasks and and conducted studies on the compliance of
responsibilities, the Board of Directors Sharia principles with the National Sharia
has developed and approved key strategic Council's (DSN-MUI) fatwa
initiatives incorporated into the New Basic
Bank Product and New Advanced Products k. In the interest of transparency, each
(RPPB) and Information Technology member of the Board of Directors,
Development Plan (RPTI). Both plans Board of Commissioners, and Sharia
are then reflected in the Bank's Business Supervisory Board has disclosed concurrent
Plan (RBB) and Sustainable Financial positions in other institutions in the GCG
Action Plan (RAKB). The realization implementation report as regulated.
of RPPB, RPTI, RBB, and RAKB is
documented in Periodic Reports submitted 3. disclosure of conflict of interest
to the Authorities, Shareholders, and The Bank applies provisions for disclosing
Stakeholders, as detailed in the Annual conflicts of interest in the minutes of Corporate
and Sustainability Reports each year. meetings. Throughout 2023, there were no
conflicts of interest in the application of GCG
From the Bank's Compliance perspective, principles at BTPN Syariah.
the Board of Directors have also compiled
and submitted Compliance Reports to the 4. compliance function
Board of Commissioners semi-annually, BTPN Syariah has ensured compliance with
demonstrating transparency in the Bank's OJK regulations and statutory provisions. The
commitment to implementing GCG Bank has appointed a Compliance Director
guidelines and Sharia principles. who oversees the compliance function and has
established a compliance unit.
i. The composition of the Sharia Supervisory
Board (DPS) at BTPN Syariah is 2 (two) The obligation to report to the Board of
members, with one serving as the Chair Commissioners by the Compliance Director
of the Sharia Supervisory Board. DPS has been well fulfilled semi-annually. No
members possess substantial experience significant fines were imposed by regulators
and knowledge in various fields of Sharia on the Bank during 2023. The Bank continues
finance, accounting, Risk Management, efforts for improvements to ensure no fines in
Sharia Compliance, Internal Control, the future. Following this report, the Board of
including experience in sharia banking. Commissioners has conducted a compliance
evaluation and submitted the report to
There have been no changes to the DPS the President Director with a copy to the
membership in 2023. Compliance Director.
All DPS members at BTPN Syariah have
met OJK's competency and qualification Further details regarding compliance are
requirements. available in the Corporate Governance Report
of BTPN Syariah for the year 2023.
Further details are provided in the Board of
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Commissioners section of this Annual Report. 5. internal and external audit functions
The Bank has an internal audit function
j. Supported by the Compliance Division, conducted by the Internal Audit Unit (SKAI)
the DPS has performed its supervisory to encourage the adequate implementation
tasks by conducting periodic oversight and of internal audit activities and follow-up on
visits to Branch Offices in 2023 to ensure SKAI audit results.
compliance with the supervisory tasks
of fund raising, fund distribution, and The Board of Directors have ensured the
banking services at Branch Offices align availability of reports on the implementation
with Sharia principles. of the Bank's internal audit function, which is
documented in the Annual Report.
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SKAI is assessed to have acted objectively in system, the Board of Directors also reports the
conducting the audit process in line with audit results of assessments of these risks quarterly
policies and procedures, considering the risk to regulators.
levels in each operational unit and guided by
SPFAIB principles. For both Semester I 2023 and Semester II
2023, the self-assessment results for inherent
To provide transparent and quality financial risk measurement and the quality of risk
information, BTPN Syariah employs external management implementation are at Level 2.
audit functions by public accountants and/or Inherent risks generally fall under the "Low to
public accounting firms, adhering to regulations moderate" category, and the overall Quality of
regarding the use and appointment of public Risk Management Implementation is rated as
accountants and/or public accounting firms in "Satisfactory."
financial services activities.
In addition to risk monitoring, the bank has
The Board of Directors have followed up on implemented anti-money laundering, terrorism
findings and recommendations from the financing prevention, and prevention of the
OJK and External Auditor, providing periodic proliferation of weapons of mass destruction
updates to the Board of Commissioners and programs in accordance with OJK regulations.
Committees on their progress.
For sound bank management, the Board of
In terms of internal control, the Quality Directors practices partnerships based on the
Assurance function has operated according to principle of prudence and the application of
its role to ensure BTPN Syariah's operational measured risk management.
activities comply with applicable regulations.
Regular inspections are also conducted by 7. remuneration granting
Internal Audit (SKAI) on existing work units. BTPN Syariah has established governance in
Both of these internal examinations are part of remuneration granting and has a remuneration
BTPN Syariah's internal control. policy for the Board of Directors, Board of
Commissioners, Sharia Supervisory Board, and
6. risk management implementation employees, regulated in the Bank's internal
The Board of Directors has implemented policy and guidelines and the working rules of
effective risk management and risk the Nomination and Remuneration Committee.
management systems, including an early
warning system for risks. The Bank conducts To fulfill commitments to regulators,
periodic evaluations of risk management BTPN Syariah has implemented variable
implementation adjusted to the bank's remuneration.
conditions and complexity, guided by OJK
regulations. Further details regarding remuneration at
BTPN Syariah can be found in the 2023 Annual
In governance management, the Board of Report.
Directors has applied compliance supported
by digitalization, technological innovation, and 8. legal lending limit and provisions related
has the necessary systems and procedures to providing funds to related parties and
adequately in place. large fund provision
BTPN Syariah applies the prudential principle
The implementation of risk management at in the implementation of fund raising and
PT Bank BTPN Syariah Tbk | 2023 Annual Report
the level of the Boards of Commissioners and disbursement activities, service provision,
Board of Directors is carried out through the and product development carried out in
Risk Management Committee and the Risk accordance with sharia principles, as reported
Oversight Committee. These Committees by the compliance director to the Board of
actively and efficiently supervise through Commissioners in 2023.
regular corporate meetings and Committee
reports. Regarding the management of LLL, the Board of
Directors has submitted Related Party Reports
The Board of Directors has ensured that 10 semi-annually and incidentally from time to time.
types of inherent risks are identified, measured, Reports on the provision of funds to related
monitored, and controlled rigorously and parties have been submitted in accordance
continuously. As part of the information with regulations. The Board of Directors
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good corporate governance
also conducts periodic reviews of Affiliate In addition to the Bank Business Plan, BTPN
Transactions and Conflict of Interest procedures. Syariah also has a ten-year Corporate Plan
The Related Party Report has been submitted to in accordance with the regulations, with the
OJK as required. inaugural Corporate Plan being prepared in 2022.
The application of transparency in product 11. shareholder and stakeholder aspects
information is available on the BTPN Syariah The Controlling Shareholders and the Final
website, and the bank periodically reports Controlling Shareholders at BTPN Syariah,
product developments to OJK and Bank namely PT Bank BTPN Tbk and Sumitomo
Indonesia. The bank fully ensures the security of Mitsui Financial Group through Sumitomo
customers' personal data as regulated in the Mitsui Banking Corporation, have acted in
Information Security Policy. The active role of the accordance with the provisions in the financial
Sharia Supervisory Board (DPS) in implementing services sector, supporting the implementation
Sharia principles at BTPN Syariah is to ensure of healthy, competitive, and prudently managed
that all new products and their developments banking activities and risk management.
have received the DPS's Opinions and Approvals
and are in accordance with the Fatwa DSN-MUI Prioritizing fair treatment to shareholders,
& Opinions. BTPN Syariah distributed its fourth dividend in
2023. Further details regarding dividends can be
Directly, the DPS actively oversees to ensure the found in the Corporate Actions section of the
implementation of Sharia principles and good 2023 Annual Report.
corporate governance principles in the bank's
business activities. In addition to their duties and Initiatives to enhance corporate governance
oversight visits, the DPS submits the Supervision through stakeholder participation include the
Results Report semi-annually to OJK in a timely availability of various internal provisions and
manner. procedures, such as measures to prevent insider
trading outlined in the Corporate Governance
Further details on the fulfillment of DPS duties Policy, internal control measures including
can be found in the Implementation of GCG Whistleblowing, the Code of Ethics, Anti-
Report in the 2023 Annual Repori. Corruption Measures, and Vendor Management.
The internal provisions in the efforts to improve
9. transparency of the bank's condition and through stakeholder participation are listed on
integrity of reporting and information the BTPN Syariah website and are periodically
technology systems updated.
Upholding the integrity of reporting and
information technology systems as required by 12. implementation of anti-fraud strategy
regulators, the bank has provided transparency The Board of Directors has implemented risk
on financial and non-financial conditions to management and internal control systems to
regulators in a timely manner. minimize fraud in the bank and has an anti-
fraud strategy, including the implementation of
BTPN Syariah has fulfilled its obligation to an Anti-Bribery Management System and the
disclose information about the presentation existence of an Anti-Fraud Management Unit
of reports and other corporate activities responsible for implementing the anti-fraud
during 2023 through information channels strategy in the bank.
and the Regulator's reporting system,
including announcements to the public through 13. self-assessment of governance
PT Bank BTPN Syariah Tbk | 2023 Annual Report
nationally circulated newspapers and on the implementation
BTPN Syariah website as required for a Public Improvements to the self-assessment of GCG
Company. The bank also conducts Annual implementation at BTPN Syariah are further
Public Presentations, Information Disclosure, enhanced through a self-assessment of the
and Press Releases. application of good GCG principles every six
months, guided by Bank Indonesia Regulation
10. bank's strategic plan No. 11/33/PBI/2009 on the Implementation of
BTPN Syariah has developed a Bank Business GCG for Sharia Commercial Banks and Sharia
Plan and Business Plan in accordance with the Business Units consolidated with the self-
provisions of the OJK. The Bank Business Plan assessment results of the subsidiaries GCG
has been formulated by the Board of Directors, Entity Child.
reviewed, and approved by the Board of
Commissioners.
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banking synergy fulfillment at the implementing level from BTPN
Syariah and BTPN
objective of implementing banking 1. BTPN Syariah has a Work Unit related to
synergy under one ownership for the Banking Synergy Monitoring which is under the
development of BTPN Syariah coordination of the Corporate Secretariat Unit
The aim of implementing Banking Synergy is as Coordinator. The Work Unit was formed
to increase the efficiency of BTPN Syariah as through the Board of Directors Decree Number
a national banking industry and develop BTPN 012/CIR/DIR/XII/2022 dated December 27,
Syariah as a sharia banking industry. 2022;
2. Implementation of Banking Synergy Monitoring
The implementation of Banking Synergy at Meeting;
BTPN Syariah is guided by the Regulation of the The Banking Synergy Monitoring Meeting for
Financial Services Authority of the Republic of the first semester of 2023 will be held on July
Indonesia (POJK) Number 16/POJK.03/2022 dated 20, 2023, while the second semester of 2023
August 30, 2022 regarding Sharia Commercial was held on January 18, 2024.
Banks and POJK Number 17 of 2023 regarding the 3. Implementation of the Governance
Implementation of Governance for Commercial Coordination Meeting
Banks, by considering BTPN Syariah as a part of a. The 2022 Semester II period was held on
the SMBC Group Business. February 9, 2023
Discussing the alignment of General
To increase efficiency, there has been cooperation Service, Compliance, AML & CFT, Corporate
between Sharia Commercial Banks and Secretary, Legal and Litigation, Corporate
Commercial Banks that has an ownership Communication, DAYA, Internal Audit, Risk
relationship through optimizing Commercial Management, Finance functions, progress
Bank resources, as in this case PT Bank BTPN on gap analysis of provisions and procedures
Tbk (BTPN) as the Parent Entity to support the between the two entities, and discuss risk
implementation of activities at BTPN Syariah as mitigation steps and its implementation in
a Sharia Commercial Bank, which through this each entity, formulating solutions and joint
collaboration will provide added value both for agreements for studies that require follow-
BTPN Syariah and BTPN. up;
Whereas in its implementation, BTPN Syariah as a b. The 2023 Semester I period has been held in
member of the business group is obliged to carry stages on:
out periodic coordination and evaluation regarding • July 27, 2023 with a discussion of the
the implementation of good governance at Compliance and Governance function;
BTPN Syariah. • August 1, 2023 with a discussion of the
Internal Audit function;
implementation of banking synergy • August 2, 2023 with a discussion of the
Risk Management function; And
implementation of banking synergy with BTPN • August 4, 2023 with a discussion of the
To enhance added value, BTPN Syariah works Finance function
together with BTPN in a strategic partnership to
improve efficiency and growth. This is detailed in c. The Semester II 2023 period will be held in
10 Cooperation Agreements (PKS) approved by early 2024
authorized representatives from each institution.
These agreements cover areas such as Human 4. Submission of Banking Synergy monitoring
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Capital through Salary Transfer Services, result report implementation.
Information Technology Infrastructure, Sharia
Bank Services, Cash Management including Report Regarding the Update of Cooperation
Withdrawal and Deposit Services, Multifinance Agreements in the field of Banking Synergy
Segment Financing, and productive financing for In compliance with Article 135 POJK 16
institutions supporting the development of the concerning Sharia Commercial Banks, the
ultra micro segment. They also outline cooperation Board of Commissioners has submitted
in specific tasks, exchanging data and information a report regarding the PKS extension
with vendors and service providers, shared accompanied by a DPS Opinion on all PKS
locations, implementing anti-fraud policies, APU that are still active regarding Banking Synergy
PPT and PPPSPM, and a Collective Agreement according to the specified time limit.
PKS that governs synergy between BTPN Syariah
and BTPN.
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good corporate governance
Report regarding the Realization of Banking Implementation of the 2023 Corporate
Synergies according to the Bank's Business Governance Committee Meeting:
Plan 1. The Corporate Governance Committee
BTPN Syariah has submitted a report to the Meeting in Semester I 2023 was held on
OJK regarding the Realization of Banking February 23, 2023, with an agenda for Anti-
Synergies in 2023. Fraud Management Meetings, Banking Synergy
Monitoring and Implementation of GCG within
In fulfillment of its obligations, BTPN as the the Financial Group.
Parent Entity has also carried out reporting on 2. The Corporate Governance Committee Meeting
Banking Synergy Monitoring for the Semester I in Semester II was held on August 25, 2023,
2023 period to the OJK with a report date of 14 with an agenda for meetings on Cyber Security
August 2023 with the results: Update, Anti Fraud Management, Banking
1. The implementation of Banking Synergy has Synergy Report, Report of Implementation
generally gone well of GCG within the Financial Group and
2. BTPN and BTPN Syariah have carried out an Introduction to CxO Concept.
addendum to extend their cooperation for
the period 2023-2025 In order to support supervision and uniform
3. BTPN Syariah has submitted an addendum delivery of information, all members of the Board
to the extension of 9 collaborations and of Commissioners at BTPN Syariah have received
there are 3 (three) agreements that have information regarding the results of the 2023
been decided not to be extended. Governance Committee meeting. Submission of
information to the Board of Commissioners for the
Meanwhile, reports for Semester II 2023 will be Semester I 2023 position was carried out on April
carried out in early 2024. 18, 2023, and for the Semester II position 2023 was
held on October 25, 2023 through a meeting forum
5. Implementation of integrated compliance, risk between the Board of Commissioners and the
management and audit function coordination Compliance Director.
6. Implementation of Audit Inspections by BTPN
on BTPN Syariah implementation of banking synergy with
BTPN Syariah Ventura
fulfillment at supervisory level from BTPN BTPN Syariah's commitment to developing Sharia
Syariah and BTPN banking is realized by the realization of a strategic
In line with the commitment to monitor Banking capital investment initiative by BTPN Syariah and
Synergy by BTPN Syariah and BTPN, supervision BTPN in a Sharia venture capital company, namely
at the Board of Commissioners level is realized PT BTPN Syariah Ventura, as a subsidiary company
through the function of the Corporate Governance which is a non-bank financial services institution
Committee which consists of members of which has been effectively carrying out operational
the Independent Board of Commissioners activities since May 30, 2022.
from BTPN as the Coordinating Entity and
representatives of the Independent Commissioners BTPN Syariah Ventura is dedicated to accelerating
and representatives of the Sharia Supervisory the fulfillment of evolving customer needs and
Board from BTPN Syariah as permanent guests. enhancing the welfare of pre- and moderately
Committee meeting. prosperous customers. Our mission is to serve a
larger customer base in a sustainable manner by
The Corporate Governance Committee is tasked leveraging technology for positive impact, thereby
with monitoring to ensure that internal and realizing our vision of creating a Sharia Digital
PT Bank BTPN Syariah Tbk | 2023 Annual Report
integrated controls are implemented within Ecosystem for the Unbanked.
the SMBC financial group in a prudent and
transparent manner, fulfilling the principles of
governance as a Conventional Commercial Bank,
Sharia Commercial Bank and as a Public Company.
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In order to support business development at environmental risks, reducing social disparities,
BTPN Syariah Ventura, BTPN Syariah and BTPN preventing environmental damage, preserving
as shareholders have carried out additional biodiversity, and promoting efficient use of energy
authorized capital and additional issued and paid- and natural resources by adhering to sustainable
up capital which was completed in 2022. financial principles.
The Annual Report and Sustainability Report for The principle of inclusion has been ingrained in
the 2022 financial year contains a complete report BTPN Syariah for 10 years, since the company
regarding capital participation in the Subsidiary. operated as a Sharia Business Unit in 2010, up to
The Subsidiary also held its inaugural Annual the current condition where the Bank has achieved
General Meeting of Shareholders on April 12, 2023. 6 Sustainable Development Goals in 2023.
Complementing the strengthening of capital, to The implementation of sustainable finance at
support the development of BTPN Syariah Ventura BTPN Syariah involves various cross-functional
in company management, the implementation of divisions at different levels. The Board of
synergy between BTPN Syariah and BTPN Syariah Commissioners, Sharia Supervisory Board, and
Ventura has been signed through a Cooperation Directors support the implementation and
Agreement covering 11 (eleven) fields, namely supervision of sustainable finance. They are
Human Resources, Information Technology, committed to providing adequate infrastructure
Compliance, Legal and Litigation, Corporate adapted to conditions at BTPN Syariah, including
Secretary, Internal Audit, Finance and Treasury, sustainable GCG management. Supervision at the
Risk Management, Corporate Communication, Board of Commissioners level is facilitated by the
DAYA and Operations. presence of an Integrated Governance Committee,
ensuring integrated governance management
Periodically, this Banking Synergy will continue to within the financial conglomeration under one
be refined from time to time to ensure the Bank's ownership.
compliance with the fulfillment of the principles
of good corporate governance and suitability of Steps for implementing sustainable GCG
needs and implementation principles include continuing efforts to promote
environmental sustainability and the use of eco-
consolidation report with BTPN Syariah friendly products.
Ventura
Complementing the Banking Synergy Further details regarding sustainable GCG can
Implementation report through the BTPN Syariah be found in the 2023 BTPN Syariah Sustainability
Business Plan Realization Report for the first Report.
and second semesters of 2023, BTPN Syariah
and BTPN Syariah Ventura have prepared a corporate governance policy
consolidated financial report, the bank's health
(“GCG Policy”)
level and a self-assessment report on compliance
with good corporate governance in 2023. The Corporate Governance Policy (“GCG
Policy”) is the Main Policy at BTPN Syariah and
fulfillment of sustainable GCG is a commitment to implementing Corporate
Guided by POJK Number 51/POJK.03/2017 to Governance Principles at every level of the
fulfill the implementation of sustainable financial organization.
actions for Financial Services Institutions, Issuers,
and Public Companies, BTPN Syariah is entering BTPN Syariah has carried out a review and
PT Bank BTPN Syariah Tbk | 2023 Annual Report
its third year of actively declaring its commitment update of the 2023 GCG Policy by referring to the
to implementing sustainable finance through applicable rules and regulations.
the preparation and submission of a Sustainable
Financial Action Plan to the Authority for 2023. In accordance with GCG Policy, the Board of
Commissioners, Sharia Supervisory Board,
The presence of BTPN Syariah makes a tangible Directors, Executive Officers and all Employees
and positive contribution to the stability of the have implemented GCG principles and there
financial system in Indonesia. The Bank aims have been no material violations of applicable
to enhance resilience and competitiveness regulations during 2023.
through improved management of social and
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good corporate governance
good corporate governance bank’s principle at BTPN Syariah in 2023:
introduction internal control and assurance systems in the bank
1.1 Background to GCG implementation 4.1 Internal Control System
1.2 Purpose of Preparing GCG Policy 4.2 Risk Management
1.3 Scope of GCG Policy 4.3 Compliance Function
1.4 Information Dissemination and Distribution 4.4 Internal Audit
4.5 External Audit
the bank's good corporate governance principles 4.6 Consumer Protection
2.1 General Principles 4.7 Legal Lending Limit (LLL)
2.2 Corporate Governance Guidelines 4.8 Sharia Principles Implementation in Fund
2.3 Implementation of GCG Guidelines as a Acquisition, Fund Channeling, and Service
Public Company Deliver
2.4 Legal Basis and Reference 4.9 Internal Reporting
2.5 Vision, Mission, Values (PRISMA) and 4.10 Provisions concerning Affiliate Transactions
Collective Identity and Conflict of Interest Transactions,
2.6 Internal Policies and Regulations Handling Conflict of Interest in the Bank
2.7 Code of Ethics 4.11 Handling Conflicts of Interest
2.8 Corporate Governance StructureThis is a 4.12 GCG Implementation Report and
description of existing Bank Organs, Assessment
which consist of Shareholders, Board of 4.13 GCG Self-Assessment
Commissioners, Sharia Supervisory Board, 4.14 Responsibilities for Environment and Work
The Board of Commissioners’ Committee, Safety and Health Practices
The Board of Directors’ Committee 4.15 Work Safety and Health
human capital management in the bank
bank strategy
Describes Bank Business Plan, Key Strategic information transparency and disclosure
Initiative, and Risk Appetite implemented
in the Bank governance of information and communication
proprietary rights
adequate internal control functions and referring
other policies and regulations to applicable policies.
company policies and regulations Product Program provisions prepared as a sharia
As a Limited Company, BTPN Syariah has commercial bank, which regulates a product in a
Company Policies and Regulations. structured and systematic manner, which explains
the type and name of the product, product
Policies are guidelines that regulate every activity characteristics, benefits and costs incurred by the
or process in a bank that reflects the general Bank, along with the risks for the Bank attached to
management of the Bank's risk appetite for the product, analysis as well as the targets set.
these activities, along with their processes and
supervision. technical instructions
Technical Instructions can be prepared as part of
Company Regulations create legal certainty, the steps in carrying out a process that has been
clarity of rights and obligations for workers and regulated in standard operational procedures at
PT Bank BTPN Syariah Tbk | 2023 Annual Report
employers in implementing employment relations BTPN Syariah (if necessary).
at the Bank.
hierarchy of provision
program procedures and products The Hierarchy of Provisions aims to organize the
To ensure the implementation of the process Bank's internal regulatory structure properly and
arrangements from start to finish, BTPN ensure consistent implementation.
Syariah has Program Procedures and Products.
Procedures explain the stages of an activity that BTPN Syariah has it for every line of organization.
must be carried out, including who, how, where, Hierarchy of provisions referring to provisions
when and the monitoring mechanism, by strictly
related to GCG for Sharia Commercial Banks.
implementing the four eyes principles function,
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All provisions in BTPN Syariah are reviewed good corporate governance implementation
periodically, according to schedule or sooner if plan regarding sustainability aspects
there is a change process or regulatory provisions BTPN Syariah is committed to implementing
underlying them. sustainable finance in line with POJK Number 51/
POJK.03/2017 and POJK 17 of 2023 concerning the
Implementation of Governance for Commercial
plans to improve the implementation
Banks in the context of implementing sustainable
of good corporate governance at BTPN financial actions to make a real and positive
Syariah in 2024 contribution to the stability of the financial system
in Indonesia.
plan for implementing good corporate
governance as a Sharia Commercial Bank and BTPN Syariah continues to support the
Public Company Government in realizing sustainable development
In compliance with Bank Indonesia Regulation that is able to maintain economic stability and
Number 11/33/PBI/2009 concerning the is inclusive and prioritizes harmony between
Implementation of Good Corporate Governance economic, social and environmental aspects.
for Sharia Commercial Banks and Sharia
Business Units, POJK Number 21/POJK.04/2015 internal and external good corporate
and Financial Services Authority Circular Letter governance implementation plan
(SEOJK) Number 32/SEOJK. 04/2015 concerning Internally, BTPN Syariah continues to be a bank
Public Company Governance Guidelines, as well that manages business and operational activities
as POJK Number 17 of 2023 concerning the professionally based on good GCG principles and
Implementation of Governance for Commercial Sharia Principles in accordance with provisions
Banks, BTPN Syariah will continue its commitment related to the implementation of good corporate
to implementing Good Corporate Governance governance.
(GCG) guidelines as a public company while still
paying attention to aspects of implementing GCG Externally, BTPN Syariah is committed to
guidelines as a Sharia Commercial Bank. carrying out healthy, fair business competition
with integrity, paying attention to risks that may
good corporate governance implementation arise, and upholding the vision and mission of
plan from the shareholder’s aspect maintaining the bank's reputation through good
From the shareholder's aspect, the Bank is GCG in accordance with regulations.
committed to implementing the principles of
good governance which aims to build a healthy
and resilient sharia banking industry, protect the
interests of stakeholders, increase compliance with
regulations and ethical values generally accepted
in the sharia banking industry.
The Bank's commitment is to continue to uphold
PT Bank BTPN Syariah Tbk | 2023 Annual Report
the rights of stakeholders and consistently make
BTPN Syariah accountable and transparent by
continuing to foster trust for Shareholders and
Investors by always paying attention to sector
and industry developments as well as the Bank's
complexity.
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good corporate governance
Governance
ASSESSMENT
Summary of PT Bank BTPN Syariah Tbk (BTPN Syariah) composite self assessment score calculation per
December 31, 2023 is in the following table:
Implementation of Governance Self-Assessment Results
Rating Definition of Rating
Individual 2 Good
Consolidation with Subsidiary 2 Good
1. general description of the commitment to the basic principles and
implementation of good corporate governance guidelines at BTPN Syariah
governance (GCG) BTPN Syariah is committed to implementing
good GCG principles with the aim of building a
BTPN Syariah continuously improves the quality
healthy and resilient sharia banking industry, to
of GCG implementation in its efforts to tighten
protect the interests of stakeholders, increase
management and supervision functions as
compliance with applicable regulations and
well as a manifestation of its commitment ethical values generally accepted in the sharia
to continuously improve the quality of good banking industry.
GCG implementation for all stakeholders.
Efforts to improve in 2023, among which Internally, BTPN Syariah ensures the continued
were carried out through the adoption of commitment to implementing good GCG
the provisions of POJK 17 of 2023 concerning principles, namely managing business activities
Governance for Commercial Banks into Bank and operational activities professionally, and
regulations, including the Bank Organ Charter. continuing to improve the quality of improving
Complementing improvement efforts, BTPN the bank's internal control system and risk
management and always complying with
Syariah is improving the quality of GCG
applicable regulations and in line with the
implementation by adopting the latest GCG
principles -Sharia principles.
Scorecard standards published at the end of
2023. The Bank upholds the rights of stakeholders
by consistently carrying out accountable and
The implementation of GCG principles at transparent Bank management in order to
BTPN Syariah is carried out consistently grow and maintain the trust of shareholders
by seeking to fulfill obligations in a timely and investors through the implementation
manner and in line with its function as a of Public Company GCG guidelines, while
Sharia Commercial Bank, Public Company, always paying attention to sector and
Implementation of Sustainable Finance as a industry developments as well as the size and
Financial Services Institution, Issuer and Public complexity of the Bank.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Company, Implementation of Governance as
a Commercial Bank, which is strengthened by
the implementation of good and integrated
corporate governance within the Financial
Group.
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standard of quality for implementation of efforts to improve the implementation
GCG in BTPN Syariah standards of GCG guidelines at BTPN Syariah
Human resources play an important BTPN Syariah's efforts to improve the
role in maintaining the quality of GCG standards for implementing GCG guidelines
implementation. Starting from this are a mandate. The Bank continuously
understanding, establishing quality standards makes improvements to the presentation
for GCG implementation at BTPN Syariah of increasingly transparent and quality
begins with strengthening employee character information to all stakeholders referring to
where each new employee is equipped with international standards.
a good understanding of GCG principles and
their application to business and operational With standards that continue to be sharpened
activities at every level of the organization. using the Asean Corporate Governance
Standards (ACGS) methodology within the
The Bank also carries out regular refresher scope of Southeast Asia Regional standards,
programs for employees to maintain the quality the implementation of GCG at BTPN Syariah
of GCG implementation while ensuring that has succeeded in gaining recognition by
employees have a sustainable commitment to receiving the Asean Corporate Governance
the implementation of applicable GCG. (ACGS) International award. Complementing
the achievement of implementing good
realization of GCG implementation at GCG principles at the international level,
BTPN Syariah Alhamdulillah, BTPN Syariah also achieved
The realization of the implementation of GCG achievements at the national level by winning
at BTPN Syariah in 2023 was carried out in the Top 50 Issuers with the Largest Market
a measurable manner guided by regulatory Capitalization at the 14th IICD Corporate
provisions in the implementation of operational Governance Award at the end of September
and business activities which were adapted 2023, in the Best Financial Sector category.
to the complexity of the Bank and the current
situation, without reducing the Bank's efforts BTPN Syariah will continue to improve every
to continue to innovate through the use of process appropriately through sustainable and
information technology which makes it easier consistent business growth and run in line with
to implement GCG in implementation. daily improving the implementation of good GCG
activities at all levels of the organization. principles in the Bank.
The Bank is committed to improving the quality supervision of governance in the financial
of implementing good and sustainable GCG group in the implementation of banking
principles in accordance with the provisions of synergy at BTPN Syariah
the Articles of Association and applicable laws As part of the Financial Group, BTPN Syariah
and regulations. The implementation of GCG synergizes with PT Bank BTPN Tbk (BTPN)
at BTPN Syariah is in line with its function as a as the Parent Entity, which is a Conventional
Sharia Commercial Bank, the GCG Guidelines Commercial Bank. Synergy is carried out
for Public Companies, the Implementation through various strategic coordinations across
of Sustainable Finance for Financial Services divisions in an effort to increase efficiency
Institutions, Issuers and Public Companies, the and development in various fields as outlined
provisions of the Indonesian Stock Exchange, as in 10 (ten) Cooperation Agreements (PKS)
well as other related provisions. in 2023 and periodic reviews are carried out
through coordination meetings to supervise
PT Bank BTPN Syariah Tbk | 2023 Annual Report
BTPN Syariah also always strives to fulfill all the implementation of banking synergies. In
obligations in a timely manner. This proves its order to comply with article 135 POJK 16 of
commitment to regulators and stakeholders 2023 concerning Sharia Commercial Banks,
that BTPN Syariah consistently applies GCG BTPN Syariah has submitted a report regarding
principles. PKS accompanied by a DPS Opinion for new
PKS and extensions according to the deadline
The implementation of the principles of good determined by the regulator.
governance on a consolidated basis in 2023 is
also applied by the Bank to the implementation To ensure the availability of adequate
of the principles of good governance in infrastructure, BTPN Syariah carries out
Subsidiaries which have been effectively periodic reviews of supporting tools in the form
operating since 2022. of internal policies and procedures which are
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good corporate governance
aligned with the provisions and procedures of Conclusion
the Parent Entity, Regulatory Regulations and BTPN Syariah has continuously improved the
the Bank's mission and vision which are well standard of quality for the implementation
well-coordinated and measurable in 2023. of GCG principles by referring to regulatory
provisions and applicable international
BTPN Syariah has also formed a Banking standards as an effort to align business
Synergy Work Unit whose task is to coordinate growth with improving the implementation of
the implementation of Banking Synergy, both implementation of good corporate governance
with the Parent Entity and with Subsidiaries. in 2023.
In line with the commitment to monitor 2. the Bank's GCG implementation is
Banking Synergy by BTPN Syariah and generally viewed from governance
BTPN, supervision of the implementation aspects at BTPN Syariah in accordance
of Banking Synergy is carried out by the
with the GCG implementation
Board of Directors as well as the Board of
provisions for Sharia commercial Banks
Commissioners and the Sharia Supervisory
Board of both financial services institutions.
and Sharia business units
Supervision at the Board of Commissioners governance structure
level is realized through the function of the positive factors in the governance structure
Corporate Governance Committee which aspect of BTPN Syariah
consists of members of the Independent 1. Bank Organ Requirements are assessed
Board of Commissioners from BTPN as the from the Number, Composition, Criteria,
Coordinating Entity and representatives concurrent positions for the Board of
of the Independent Commissioners and Commissioners, Sharia Supervisory
representatives of the Sharia Supervisory Board (DPS) and Directors are subject
Board from BTPN Syariah as permanent to applicable provisions relating to the
invitees to Committee meetings. implementation of GCG for Sharia
Commercial Banks and Sharia Business
BTPN Syariah's commitment to developing Units and provisions relating to Directors
sharia banking is realized by the realization of and Board of Commissioners for companies
the strategic initiative of BTPN Syariah and public. Currently there are 4 (four) members
BTPN capital investment in sharia venture of the Board of Commissioners, of which
capital companies, namely PT BTPN Syariah 3 (three) are Independent Commissioners,
Ventura (BTPN Syariah Ventura) which has 2 (two) members of the DPS and 5 (five)
effectively carried out its operations on May 30, members of the Board of Directors;
2022. 2. BTPN Syariah has 3 (three) Committees at
the level of the Board of Commissioners,
To complement the strengthening of capital, namely the Audit Committee, Risk
to support the development of BTPNS Ventura Oversight Committee and Nomination
in company management, the implementation and Remuneration Committee based on
of synergy between BTPN Syariah and BTPN applicable regulations. Each Committee at
Syariah Ventura has been signed through a the level of the Board of Commissioners has
Cooperation Agreement covering 11 (eleven) guidelines and work rules and is reviewed
fields. regularly. At the end of 2023, improvements
were made to the Board of Commissioners
BTPN Syariah also ensures the implementation Committee Work Guidelines and Rules
PT Bank BTPN Syariah Tbk | 2023 Annual Report
of Risk Management in supervision of of Procedure which were adjusted to the
Subsidiaries, including monitoring the principle provisions of POJK 17 of 2023;
of prudence in capital investment, the 3. As a continuation of the supervision at
presentation of quality sharia products and the Board of Commissioners level in the
services, as well as supervision of members Financial Group, members of the Board of
of the Board of Directors and BTPN Syariah Commissioners and members of the Sharia
Management who serve in Subsidiaries and the Supervisory Board stated that they remain
fulfillment of reports consolidation of BTPN consistent in supporting the implementation
Syariah to BTPN as the Parent Entity as well of integrated supervision in the Financial
as carrying out its own assessment regarding Group and attended as invitees to the
good corporate governance. Corporate Governance Committee meeting
held in 2023.
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4. BTPN Syariah has a Board of Directors Standards (SPFAIB) which are equipped
level Committee. Board of Directors with an Internal Audit Charter as well as
level committees consist of the Assets risk-based audit policies and procedures;
& Liabilities Committee (ALCO), Risk 9. The Risk Management Work Unit acts
Management Committee, Human Capital through the implementation of the four
Committee, Information Technology pillars of risk management, in accordance
Steering Committee, Business Committee, with Financial Services Authority Regulation
Financing Policy Committee and Number 65/POJK.03/2016 concerning
Information Security Management System the Implementation of Risk Management
(ISMS) Committee. for Sharia Commercial Banks and Sharia
The ISMS Committee was officially formed Business Units, where the implementation
in 2023 as a manifestation of BTPN includes managing 10 types of risk, namely:
Syariah's commitment and seriousness in risk credit, market risk, liquidity risk,
improving information security, especially operational risk, legal risk, reputation risk,
cyber security strategic risk, compliance risk, return risk
5. Each Committee submits reports on the and investment risk.
implementation of its duties to the Board The implementation of risk management is
of Directors through Board of Directors carried out in line with the implementation
Meetings and other strategic meetings. of the bank's business plan with an internal
Each Director-level Committee at BTPN control system implemented by the Bank
Syariah has Charter and is reviewed using the three layers of defense framework.
periodically in 2023; a. In the first line, the Risk Taking Unit,
6. BTPN Syariah has other Work Units assisted by the Quality Assurance (QA)
for business development, operations, function, ensures that the activities
implementation of risk management and carried out are carried out in accordance
internal control. The Bank's internal work with the Bank's policies and procedures.
units are: b. In the second line, SKMR identifies,
a. Internal Audit Work Unit (SKAI), measures, monitors and controls risks
b. Risk Management Work Unit (SKMR), as faced by the Bank. The Compliance
well as Work Unit (SKK) ensures that all
c. Compliance Work Unit equipped with Bank activities are in accordance with
a Financing Business Team, Funding & regulatory regulations and comply with
New Business Business Team, Operations sharia principles.
Team, Information Technology Team, c. In the third line, the Internal Audit Work
Human Resources, Legal, Finance and Unit ensures that all residual risk has
Analytics, Treasury, Information Security, been managed properly, and reports it
Communication and DAYA; to the Board of Directors and Board of
7. The Compliance Work Unit (SKK) acts Commissioners.
independently of operational work units. 10. In managing the Legal Lending Limit
From the existing organizational structure, (LLL), BTPN Syariah has a Credit Risk
it can be seen that the SKK is separate from Management Procedure which regulates
operational work units and does not carry the Management of LLL (Legal Lending
out other tasks outside the compliance Limit) and related procedures, Providing
function and in 2023 there will be no Financing Facilities to bank and non-bank
changes or resignations from the director in counterparties which regulates the provision
charge of the compliance function; of funds to related parties. and providing
PT Bank BTPN Syariah Tbk | 2023 Annual Report
8. The Internal Audit work unit (SKAI) is in large funds, along with monitoring and
accordance with the provisions, namely resolution. The limits of the authority of
being directly responsible to the President the Board of Directors by the Board of
Director and can communicate directly Commissioners have been outlined in the
with the Board of Commissioners through Board of Commissioners' Decree taking into
the Audit Committee. There is a line of account applicable provisions, best practices
communication between SKAI and the in BTPN Syariah and the Articles of
Compliance Director and SKAI has an Association. BTPN Syariah also has internal
independent attitude towards operational procedures which regulate the handling of
work units which is reflected in the bank's affiliate transactions and conflict of interest
organizational structure. SKAI has Bank transactions.
Internal Audit Function Implementation
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good corporate governance
11. BTPN Syariah has policies and procedures Agreement and the provision of
regarding transparency of financial and supporting documents for the Banking
non-financial conditions and has prepared Synergy Report.
reports in a timely manner, as regulated Internally, BTPN Syariah has formed a
in the regulatory provisions regarding Banking Synergy Work Unit whose task
Transparency of Bank Financial Conditions; is to coordinate monitoring of Banking
12. BTPN Syariah has policies and procedures Synergy. Complementing the coordination
that regulate the implementation of task to support the supervisory level, the
information transparency regarding Working Unit is also tasked with ensuring
products and the use of Bank customer that a review process is carried out on the
data; alignment of supporting infrastructure at
13. BTPN Syariah has implemented Sharia the implementation level with respect to
Principles in collecting funds and internal provisions and procedures at BTPN
distributing funds as well as providing Syariah which are aligned with the Parent
services. The presence of the Sharia Company;
Supervisory Board is to ensure the 2. BTPN Syariah has a Sustainability Task
implementation of supervision over the Force, the formation of which is in line with
implementation of sharia principles in the POJK No.51/POJK.03/2017 concerning the
Bank, apart from of course implementing Implementation of Sustainable Finance
good GCG principles; for Financial Services Institutions, Issuers
14. BTPN Syariah has an internal reporting and Public Companies. The Task Force
mechanism in order to improve the quality is tasked with ensuring comprehensive
of the decision-making process as well as internal coordination and supervision
the quality of supervision by the Board of of the implementation of bank plans in
Commissioners and the Sharia Supervisory accordance with the Sustainable Finance
Board and has ensured the availability and Action Plan. The Board of Commissioners,
adequacy of Internal Reporting which is DPS and Board of Directors also support
supported by an adequate management the implementation and supervision of
information system; sustainable finance and are committed
15. Handling conflicts of interest is clearly to supporting the provision of adequate
stated in the GCG policy and stated in supporting infrastructure that is adapted to
the Bank Organ Work Guidelines and the Bank's conditions;
Regulations at BTPN Syariah. The Bank's 3. BTPN Syariah has a Bank Business Plan
Code of Ethics regulates the handling of (RBB), Corporate Plan (RK) and Sustainable
conflicts of interest for all employees. Financial Action Plan (RAKB) which have
16. BTPN Syariah carries out a GCG been reviewed and approved by the Board
Implementation Assessment every of Commissioners.
semester through a GCG Self Assessment. The realization of the RBB, RK and RAKB for
In 2023, BTPN Syariah effectively carried the 2022 financial year has been contained
out a Consolidated GCG Self Assessment in the 2022 Annual Report and Bank
with the Implementation of GCG of Sustainability Report and has been reported
Subsidiaries. to Shareholders at the Annual General
Meeting of Shareholders on April 12, 2023.
other structures The 2023 RBB, RK and RAKB have been
1. BTPN Syariah has carried out various submitted to the Regulator in person. on
strategic coordinations to align the time in accordance with provisions;
PT Bank BTPN Syariah Tbk | 2023 Annual Report
fulfillment of the needs of sharia 4. BTPN Syariah has a Business Continuity
commercial banks with the Parent Management and Contingency Funding Plan
Company in the context of Banking and is committed to ensuring the continuity
Synergy. The alignment process is outlined of the Bank's operational and business
in the updating of the Cooperation activities in emergency conditions;
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5. BTPN Syariah has strategic initiatives of The Committee which is an Independent
policies and other supporting procedures Party states that it remains independent.
to assist its operational process, that is There is no conflict of interest in the process
regularly reviewed. of implementing supervision by the Board of
Commissioners Committee at BTPN Syariah
negative factors in governance structure throughout 2023;
aspects in BTPN Syariah 3. The Board of Directors is supported
Providing access to sharia banking services by a Board of Directors Committee in
for people who are unaware of, use and/ managing the bank. In 2023, the Board of
or obtain sharia banking services, especially Directors formed an Information Security
those in Tier 3 and Tier 4 areas, requires Management System (SMKI) Committee
qualified infrastructure and of course requires as a form of commitment to improving
large capital investment and a thorough plan. information security, complementing the
6 (six) Board of Directors Committee that
Infrastructure and service limitations have had been previously formed.
been bridged through collaboration with the
Parent Entity in various fields, including human Each Board of Directors Committee is
resources, information technology and office tasked with ensuring the fulfillment of the
networks. Implementation of this synergy Bank's operational activities and business
provides added value for sharia commercial targets in accordance with GCG principles.
banks and conventional commercial banks. This fulfillment is carried out through
Committee meetings, Board of Directors
With the development and improvement of decisions and regular strategic meetings.
the Bank's business, collaboration with other The implementation of the Committee's
institutions can be an opportunity for the Bank duties refers to the Committee's Charter.
to grow sustainably.
Fulfilling the duties and responsibilities of
governance process the Board of Directors, which are supervised
Positive Factors in the Governance Process by the Board of Commissioners and the
aspect at BTPN Syariah Sharia Supervisory Board, is carried out
BTPN Syariah has taken the process of through various stages and mechanisms,
implementing good and effective corporate including through holding corporate
governance, including: meetings. The holding of the Meeting
1. Bank Organ Requirements in terms of remains subject to the implementation of
number, composition, criteria and multiple good GCG, referring to the Charter of each
positions are in accordance with the bank organ, and the Articles of Association;
provisions for good GCG implementation. All
Bank Organs have obtained permission from There is no conflict of interest in the
the OJK. There are no concurrent positions implementation of GCG principles at BTPN
on the Board of Commissioners, Sharia Syariah by the Board of Directors-level
Supervisory Board and Board of Directors Committee in 2023.
exceeding the applicable provisions. The
implementation of the duties of the Board 4. The selection and formation of Work Units
of Directors and the implementation of in the Bank are based on provisions and
supervisory functions by the Board of their composition is adjusted to the Bank's
Commissioners and DPS have been carried conditions;
PT Bank BTPN Syariah Tbk | 2023 Annual Report
out effectively and independently; 5. The Compliance Working Unit (SKK) acts
2. In fulfilling the work guidelines and independently from operational work units.
regulations, Committees at the level of Guided by the applicable organizational
the Board of Commissioners carry out the structure, the Compliance Work Unit
monitoring process through committee is separate from the operational work
meetings which are held periodically unit and does not carry out other tasks
according to the meeting agenda based outside the compliance function as a
on provisions and according to the bank's form of independence. SKK is tasked
needs as well as other forms of supervision with identifying, measuring, monitoring
such as field visits. Every recommendation and controlling Compliance risks. SKK is
has been followed up and there has been no responsible to the Director in charge of the
intervention in the implementation of the compliance function who has carried out
Committee's duties at BTPN Syariah.
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good corporate governance
his functions in accordance with applicable as well as on the PT Bursa Efek Indonesia
laws and regulations; Website and the Financial Services
6. The implementation of the BTPN Syariah Authority periodically. BTPN Syariah also
internal audit function is guided by the periodically discloses other information for
requirements and procedures in accordance non-financial aspects;
with OJK provisions and the International 10. BTPN Syariah includes bank product
Professional Practice Framework (IPPF). information on the Company's website
The results of the SKAI inspection were and guarantees complete security of Bank
reported to stakeholders within BTPN customer data information. Information
Syariah and have been followed up properly. related to Bank products has also been
The implementation of SKAI is reviewed reported to the Authority periodically,
regularly by external auditors every 3 years. including accountability at the General
The results of the 3-year review by the last Meeting of Shareholders;
external auditor were carried out in June- 11. The active role of the Sharia Supervisory
July 2023 for the period 1 July 2020 – 30 Board has ensured the implementation of
June 2023, and the next review will be sharia principles in collecting funds and
carried out in 2026; distributing funds as well as providing
7. The Risk Management Work Unit (SKMR) Bank services. In accordance with the
ensures that the risk identification, Work Guidelines and Rules, DPS holds
measurement, monitoring and control regular meetings with various business
processes, as well as the risk management units in the Bank every month. Periodically,
information system, are well managed; DPS also coordinates with the Board of
8. Management of the Legal Lending Limit Commissioners and Board of Directors
at BTPN Syariah has been properly run. regarding the implementation of sharia
The limits of the Board of Directors' principles in the Bank, including carrying
authority are with the approval of the out supervisory duties through DPS visits to
Board of Commissioners as regulated branch and central offices;
in the Articles of Association. The Board 12. The internal reporting mechanism
of Directors' authority limits have been supported by an adequate management
updated in 2022. The said authority has system has been running effectively.
taken into account applicable regulations, BTPN Syariah has various provisions and
while still referring to the Bank's Articles procedures to ensure that each Business
of Association and Conditions, including Unit carries out its duties and obligations
best practices in the industry in general. appropriately and refers to GCG provisions;
throughout 2023, there were no affiliate 13. Handling conflicts of interest at BTPN
transactions or transactions that gave rise Syariah is regulated in the GCG Policy,
to a conflict of interest at BTPN Syariah. Bank Organ Charter and Code of Ethics.
Updates to policies and guidelines as well
BTPN Syariah has updated its Credit as socialization of the Code of Ethics are
Risk Management policies, systems carried out periodically. Every employee
and procedures, which regulate the signs an Integrity Pact as a form of written
Management of LLL (Legal Lending Limit) commitment to implementing GCG
and there is an adequate process to ensure principles and Bank values;
the provision of funds to related parties, 14. Every year, BTPN Syariah prepares a report
decision making regarding the provision of on the implementation of GCG (Good
funds is carried out independently; Corporate Governance), which includes the
PT Bank BTPN Syariah Tbk | 2023 Annual Report
results of a self-assessment. This report for
9. BTPN Syariah has carried out transparency the 2022 financial year was included in the
regarding financial and non-financial Annual Report and submitted to various
conditions to stakeholders through organizations such as Bank Indonesia,
information disclosure and reporting in the Indonesian Consumers Foundation,
accordance with applicable regulations, Rating Agencies, Perbanas, and research
both as a Sharia Commercial Bank and institutions in the field of economics and
as a Public Company. Transparency finance. It was also shared with economic
regarding financial conditions is contained and financial magazines before March
in the Corporate Financial Report which 2023. Additionally, it was presented to
is available on the BTPN Syariah website, shareholders at the General Meeting of
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Shareholders on April 12, 2023, following The Banking Synergy Monitoring Meeting for
a timely notification through the bank's the Semester I 2023 period was held on July
information channels and regulatory 20, 2023, while the Semester II 2023 period
reporting platform; will be held on January 18, 2024;
15. The implementation of the Governance
Process in Subsidiaries has gone well 2. BTPN Syariah ensures the implementation
and has had its own Assessment of of commitments to sustainable financial
GCG Implementation in 2023. The action initiatives contained in the 2023
implementation of good governance plan for the 2020-2024 RAKB. The
in Subsidiaries is in accordance with implementation of the 2022 sustainability
the provisions for implementing good action plan has been stated in the 2022
governance in sharia venture capital Sustainability Report and transparency
companies. regarding the Sustainability Report is
available on the BTPN Syariah website and
other processes other authority information disclosures.
1. BTPN Syariah continues banking synergy
with the Parent Entity in accordance with In 2023, the Bank communicated the RAKB
the provisions by carrying out regular to Shareholders and stakeholders at the
monitoring of the Cooperation Agreement Annual General Meeting of Shareholders
and holding coordination meetings to ensure on April 12, 2023 as a fulfillment of the
compliance with various provisions and provisions.
procedures in each Bank.
Throughout 2023, Task Force meetings were held 2 (two) times as follows:
2023 Sustainability Task Force Coordination Meeting
No Meeting Date Discussion Topic
1 May 9, 2023 Strengthening the Sustainability Task Force PIC;
Strengthening the membership of the Sustainability Task Force
2 November 13, 2023 Kick Off for Preparation of the 2023 Sustainability Report
Sustainability Task Force Coordination Meeting with SMGR Financial Group 2023
No Meeting Date Discussion Topic
1 May 2, 2023 Sustainability Meeting Update with SMBC: Sustainability
Initiatives towards Zero Emission 2030
3. The Bank's Business Plan has been revoked the pandemic status in June 2023,
prepared realistically, comprehensively, throughout 2023 BTPN Syariah continues
measurably (achievable) by taking into to pay close attention to the conditions of
account the principle of prudence and has customers and employees in the endemic
been submitted to the Financial Services era (new normal) in the Bank's offices and
Authority in a timely manner. representatives throughout Indonesia;
4. BTPN Syariah has also submitted a 6. In supporting the smooth running of
Revised RBB which is adjusted to the operational processes at the Bank,
latest bank business growth which aims especially responding to the endemic era,
PT Bank BTPN Syariah Tbk | 2023 Annual Report
to have a healthier portfolio and quality BTPN Syariah continues to implement new
human capital while being accompanied agile work mechanisms, by continuing to
by operational activities and achievement strive to develop systems and internal talent
targets that have sustainable growth for to support the Bank's strategic initiatives;
the interests of all stakeholders 7. Subsidiaries have Business Plans, Guidelines
5. Each Business Unit in the Bank periodically and Rules for Corporate Organs, Corporate
carries out Business Continuity Governance Policies and other Policies and
Management and Contingency Funding Procedures required for sharia venture
Plan updates to ensure that the Bank's capital companies. Business processes in
operational and business activities continue Subsidiaries are in accordance with the
to run in emergency conditions. Even provisions as stated in the Self-Assessment
though the Government has officially Report on Corporate Governance in 2023.
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good corporate governance
Negative Factors in Governance Process governance outcome
aspects at BTPN Syariah
With a business model that requires physical Positive Factors in Governance Outcome
presence at meetings with financing aspects at BTPN Syariah
customers, Management has ensured that the The Board of Commissioners, Sharia
implementation of business process policies Supervisory Board (DPS) and Board of
which during the pandemic period were Directors are committed to faithfully
hampered due to social restrictions, is gradually empowering the pre- and moderately
returning to a strict disciplinary process, one prosperous customer segments served and
of which is growing and rebuilding 4 (four) achieving sustainable business performance
key behavior, namely Courage, Discipline, while maintaining a commitment to
Hard Work, and mutual Assistance (BDKS). improving the implementation of GCG
The process of returning activities by bringing principles for Sharia Commercial Banks and
discipline to a large number of pre-prosperous Public Companies. All organizational lines
segment customers requires time in the process at BTPN Syariah work together to ensure
of re-adapting to a culture that is firmly the continuation of the commitment to
embedded. In an effort to restore a culture of implementing good GCG, including:
discipline, the Bank continues to prioritize the
health and safety of employees and customers 1. Accountability reports on the
in the underprivileged segment as a top priority. implementation of GCG and Sustainability
Actions by the Board of Commissioners,
The Bank utilizes a customer service business DPS and Directors as well as supporting
model through regular financing meetings, organs at the Bank for the 2022 financial
while also offering digital payment options and year have been outlined in the Annual
services to enhance transaction convenience Report and Sustainability Report for
for customers. Additionally, the Bank provides the 2022 Financial Year, and have been
empowerment activities and personalized submitted at the Annual General Meeting of
support to its financing customers throughout Shareholders held on April 12, 2023.
Indonesia, promoting the development of
skills and business capabilities for both the Fulfillment of corporate reporting
customers and their families. obligations by the Board of Directors, as
well as fulfillment of supervisory functions
In line with the fulfillment of POJK Number 76/ by the Board of Commissioners and the
POJK.07/2016 concerning Increasing Literacy Sharia Supervisory Board for 2023 have
and Financial Inclusion in the Financial Services been carried out in accordance with the
Sector to expand and improve customer provisions.
services, BTPN Syariah collaborates with the
Ministry of Education, Culture, Research and 2. Fulfillment of the duties and responsibilities
Technology in organizing Certified Internship of the Board of Directors, as well as
and Independent Study Programs (MSIB) which supervisory functions by the Board of
is one of the Independent Campus Learning Commissioners and the Sharia Supervisory
(MBKM) policy programs. Complementing the Board, is carried out through various stages
internship program, BTPN Syariah is exploring and mechanisms, including through the
cooperation with the National Committee for implementation of Corporate meetings
Sharia Economics and Finance regarding the and the results of Corporate Meetings have
Free Halal Certification Assistance Training been well documented with no dissenting
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Program (SEHATI) for Micro and Small opinions throughout 2023.
Enterprises. This collaboration is carried out to
improve service and engagement with BTPN The meetings of the Board of
Syariah financing customers, especially those Commissioners, DPS and Directors are
in the food and beverage business type so that carried out in accordance with the guidelines
their products receive official halal certification. and regulations (Charter) and are held
effectively and efficiently.
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The results of the meetings of the Board The Committee's recommendations are
of Commissioners, DPS and Directors have a benchmark and reference for the Board
been recorded and properly documented. of Directors and Management in making
The Board of Directors regularly follows up strategic decisions. For recommendations
on various recommendations submitted by that require follow-up, each Division Head
the Board of Commissioners and the Sharia ensures that the follow-up is carried out
Supervisory Board in a timely manner appropriately.
accompanied by adequate supporting
information. There were no dissenting opinions at Board
of Directors Committee meetings at BTPN
Throughout 2023, corporate meetings have Syariah throughout 2023.
been arranged in such a way while still
paying attention to the fulfillment of good Board of Directors Committee meetings
corporate governance (GCG) provisions. during 2023 were held in a combination of
Meetings are held in a combination of online via video conference and face-to-
online via video conference and face-to- face (offline) while still paying attention to
face (offline) to prioritize the effectiveness compliance with good corporate governance
and efficiency of meeting implementation. (GCG) provisions.
Fulfilling the duties and responsibilities
of the Board of Commissioners, DPS and 5. Fulfillment of Reporting obligations and
Directors includes supervision of Branch implementation of the duties of the
Offices and Functional Offices as well Compliance Director for Semester I 2023
as Customer Centers which are visited has been submitted in accordance with the
regularly at various locations; provisions and in a timely manner on July
31, 2023 and the Report for 2023 will be
3. Each Board of Commissioners Committee submitted at the end of January 2024.
has carried out its functions in accordance
with applicable regulations. The Throughout 2023, alhamdulillah, there were
implementation of Board of Commissioners no significant fines imposed by the regulator
Committee meetings is carried out in on the Bank. The Bank continues to make
accordance with the guidelines and improvements to ensure there are no fines
regulations (Charter) and is held effectively in the future. In cultivating a culture of
and efficiently. The results of Committee compliance, BTPN Syariah has submitted
Meetings at the Board of Commissioners reporting obligations to the OJK and related
level have been well documented and the authorities in a timely manner;
recommendations submitted at the meeting
have been followed up in a timely and 6. The Board of Directors encourages the
adequate manner. implementation of internal audit activities
adequately and follow-up to SKAI audit
Entering the endemic era, Board of results. The Board of Directors also
Commissioners Committee are regulated ensures the availability of reports on the
in such a way that they remain subject to implementation of the Bank's internal
corporate governance (GCG) provisions and audit function as outlined in the Annual
are implemented using a combination of Report. In carrying out the audit, SKAI
online via video conference and face-to-face has acted objectively (based on existing
(offline). facts/evidence). In the Bank's current
PT Bank BTPN Syariah Tbk | 2023 Annual Report
condition, the SKAI function has been
4. Each Board of Directors Committee has implemented adequately. In order to
carried out its functions in accordance with ensure independence and objectivity, BTPN
applicable regulations. The implementation Syariah has implemented a review of the
of Board of Directors Committee meetings SKAI function carried out by a third party
is carried out in accordance with the in accordance with the provisions of POJK
guidelines and regulations (Charter) and is and the International Professional Practices
held effectively and efficiently. The results Framework (IPPF), where in 2023 the results
of the Committee Meeting have been were generally conform;
stated in the minutes and managed well.
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good corporate governance
7. The implementation of risk management customers' personal data as regulated
at the level of the Board of Commissioners in the Information Management and
and Board of Directors is carried out through Security Policy and the Policy on Ownership,
the Risk Management Committee and Risk Confidentiality of Information and
Oversight Committee and these Committees Investments for Employees;
have carried out active and efficient
supervision through regular corporate 11. The active role of DPS in implementing
meetings and Committee reporting. sharia principles at BTPN Syariah is
to ensure that all new products and
BTPN Syariah's Board of Directors developments have received DPS Opinion
has carried out active supervision of and Approval and are in accordance with
the effective implementation of Risk the DSN-MUI Fatwa & Opinion. DPS has
Management policies and strategies. Such also actively reviewed the Banking Synergy
supervision includes, among other things, the cooperation agreement (PKS) entered into
Board of Directors and Risk Management with the Parent Company to ensure its
Committee Meetings and the Risk conformity with Sharia principles;
Management Work Unit at BTPN Syariah;
12. GCG implementation reports and internal
8. Regarding the management of LLL, BTPN reporting have been carried out in
Syariah submits Related Party Reports accordance with the provisions required in
semi-annually and in the event of changes, OJK and Bank Indonesia regulations. The
they are reported incidentally from time 2022 GCG implementation report has been
to time. Reports regarding the provision included in the 2022 Annual Report which
of funds to related parties have been was submitted to shareholders at the 2023
submitted in accordance with provisions. Annual GMS and is available on the BTPN
The Bank also conducts periodic reviews Syariah website.
of procedures related to Affiliate
Transactions and Conflicts of Interest; BTPN Syariah has carried out internal
reporting in the form of transparency
9. BTPN Syariah has conveyed transparency regarding financial and non-financial
regarding financial and non-financial conditions to stakeholders. Transparency
conditions to the relevant authorities in of procedures for customer complaints and
a timely manner. BTPN Syariah has also resolution of problems in accordance with
fulfilled its obligation to disclose information, applicable regulations;
by presenting Quarterly Published Financial
Reports online through a reporting system 13. The Bank implements disclosure of conflicts
to Regulators and announcing them to the of interest in the minutes of corporate
public on the BTPN Syariah Website as meetings. In 2023, there was no conflict
required for Public Companies, as well as of interest in the implementation of GCG
conducting Information Disclosure and other principles at BTPN Syariah;
Press Releases related to the implementation
of corporate actions and Financial 14. The GCG and Integrated GCG self-
Performance and other Corporate activities assessment process is carried out every 6
throughout 2023. (six) months by referring to the provisions
of Bank Indonesia as a Sharia Commercial
As a form of fulfilling its obligations and Bank. BTPN Syariah carries out other Self
PT Bank BTPN Syariah Tbk | 2023 Annual Report
commitment as a company in improving Assessments in coordination with the
the quality of harmonious and transparent Parent Company regarding the fulfillment
communication to stakeholders, BTPN of subsidiary obligations to the Parent
Syariah has fulfilled its Annual Public Expose Company;
independently on October 26, 2023;
15. The Subsidiary, PT BTPN Syariah Ventura
10. The implementation of transparent has carried out a Self-Assessment process
information regarding products is available on the implementation of GCG on a semi-
on the BTPN Syariah website and the annual basis since 2022 and has carried out
Bank reports product developments a Self-Assessment for Semesters I and II
regularly to the OJK and Bank Indonesia. 2023.
The Bank maintains the full security of
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other outcomes
1. Accountability for the realization of Banking Synergy is stated in reports in accordance with
regulations, including the Consolidated Financial Report, Bank Business Plan Realization Report,
Annual Report, and Bank Sustainability Report.
The Banking Synergy Work Unit together with the relevant person in charge in the main entity
(BTPN) monitors the implementation of Banking Synergy periodically, then the main entity
submits a Banking Synergy Monitoring Report to the BUK Banking Supervisory Financial Services
Authority (with a copy to the BUS Supervisor). The Banking Synergy Monitoring Report for
Semester I 2023 was submitted on July 29, 2023, while the Banking Synergy Monitoring Report
for Semester II 2023 will be reported January 2024;
2. Business Plan Realization Report by the Board of Commissioners Fourth Quarter 2022 Report
was submitted on January 30, 2023, First Quarter Business Plan Realization Report 2023
was submitted on April 28, 2023, Second Quarter Business Plan Realization Report 2023 was
submitted on July 31, 2023, Business Plan Realization Report Quarter III 2023 was submitted on
October 31, 2023, and the Business Plan Realization Report for Quarter IV 2023 was submitted at
the end of January 2024;
The BTPN Syariah Sustainable Financial Action Plan 2022 – 2024 has been reported to the
Authority along with the Bank's Business Plan in a timely manner in accordance with the
provisions, while the updated Corporate Plan was submitted on November 29, 2023.
3. Complete transparency to Stakeholders, where the Bank has obtained approval for the
Appointment of a Public Accountant and Public Accounting Firm to examine the Bank's books
for the financial year ending December 31, 2023, and the Audit Committee has carried out
an evaluation regarding the Performance of the Public Accountant and Public Accounting
Firm which has implemented in Semester I 2023, then in Semester II 2023, the Board of
Commissioners, taking into account the recommendations of the Audit Committee, has given
approval regarding changes to the Public Accountant taking into account the decisions of the
2023 Annual GMS;
4. Business Continuity Management and Contingency Funding Plan at BTPN Syariah are updated
regularly;
5. In line with the development of the Bank's business, BTPN Syariah consistently develops Human
Resources to support the implementation of good GCG principles and continuously carries out
special induction, training, refresher and certification programs for the Board of Commissioners,
Sharia Supervisory Board, Directors and all employees.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
negative factors in governance outcome aspects at BTPN Syariah
None
BTPN Syariah continues to improve the overall results and implementation of good GCG quality in
every line of the organization so that the processes carried out and outcomes comply with applicable
regulations and are in line with the Bank's mission and vision.
The Board of Commissioners, DPS and Board of Directors are fully committed to ensuring that the
principles of good corporate governance continue to be implemented.
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good corporate governance
Implementation of Public Company
GOVERNANCE GUIDELINES
implementation of public company governance guidelines in BTPN Syariah in 2023
Guided by Financial Services Authority Regulation (POJK) Number 21/POJK.04/2015 and Financial
Services Authority Circular Letter (SEOJK) Number 32/SEOJK.04/2015 concerning Public Company
Governance Guidelines, BTPN Syariah is committed to making Public Company Governance Guidelines as
a basis for implementing good corporate activities and the basis for making important decisions.
The Public Company Governance Guidelines are a reference for BTPN Syariah in providing the best service
to stakeholders whose quality is increasingly being sought every day.
The implementation of the Public Company Governance Guidelines at BTPN Syariah in 2023, based on the
fulfillment of "Comply" and "Explain" is as stated in the table below.
Principle Recommendation Fulfillment Implementation
1st Principle 1.1 Public Companies Comply 1. BTPN Syariah's Articles of Association have
Increasing the have technical regulated the GMS, including Place and Time, Notice,
Value of Holding methods or Announcement, Invitation to the GMS Chair, Media
a General procedures for and Language, Quorum, Voting Rights, Resolutions
Meeting of collecting votes and Minutes of the GMS;
Shareholders (voting) both 2. At the 2023 Annual GMS, BTPN Syariah has
(GMS) openly and privately ensured that adequate information regarding the
that prioritize Announcement and Invitation is available, complete
independence and with the GMS Rules of Procedure which contain
the interests of procedures for collecting votes that prioritize
shareholders. independence and the interests of shareholders.
The announcement, invitation and rules of the GMS
have been conveyed to shareholders and shareholder
representatives and published on the BTPN Syariah
website, the Indonesian Stock Exchange and OJK
websites, as well as the Easy KSEI application before
the meeting is held;
3. BTPN Syariah has ensured the availability of
Additional Information regarding the explanation
of the GMS Agenda and the Annual GMS
Implementation Protocol where all information is
available on the BTPN Syariah Website before the
meeting is held;
4. In order to ensure the fulfillment of shareholder
rights, BTPN Syariah provides an E-proxy alternative
for shareholders who wish to provide their power of
attorney to the appointed party to attend the 2023
Annual GMS;
5. Complementing the provision of easy attendance for
Shareholders at the GMS via electronic proxy, BTPN
Syariah has held an electronic GMS (e-GMS) using
electronic counting and voting methods (e-voting) at
PT Bank BTPN Syariah Tbk | 2023 Annual Report
the 2023 Annual GMS, the implementation of which
complies with the provisions of POJK Number 16/
POJK.04/2020 concerning the Implementation of
Electronic General Meetings of Shareholders of Public
Companies, and carried out in a manner that fully
observes the precautionary principle in implementing
health and building security protocol measures during
the 2023 Annual GMS.
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Principle Recommendation Fulfillment Implementation
1.2 All members of Comply Attendance at the Annual GMS on April 12 2023
the Board of 1. All members of the Board of Directors, Board of
Directors, members Commissioners and Sharia Supervisory Board at
of the Board of BTPN Syariah attended the Annual GMS which
Commissioners and was held on April 12 2023 physically and online via
members of the information technology (Video Conference) while still
Sharia Supervisory observing the Articles of Association and Legislation;
Board of public 2. Members of the Board of Directors, Board of
companies are Commissioners and Sharia Supervisory Board who
present at the were physically present at the Annual GMS on 12 April
Annual GMS 2023 were as follows:
Board of Directors:
a. Hadi Wibowo, President Director
b. Arief Ismail, Compliance Director
c. Gatot Adhi Prasetyo, Director*
d. Fachmy Achmad, Director
e. Dwiyono Bayu Winantio, Director
Board of Commissioners:
a. Kemal Azis Stamboel, President/Independent
Commissioner
b. Dewie Pelitawati, Independent Commissioner
c. Ongki Wanadjati Dana, Commissioner
Sharia Supervisory Board:
a. H. Ikhwan Abidin, MA, Chairman of the Sharia
Supervisory Board
b. H. Muhamad Faiz, MA, Member of the Sharia
Supervisory Board
3. Members of the Board of Commissioners who
attended online via information technology (Video
Conference) at the Annual GMS on 12 April 2023 were
as follows:
Board of Commissioners :
Yenny Lim, Commissioner*
4. Matters related to the 2023 Annual GMS have been
conveyed to all members of the Board of Directors,
Board of Commissioners and Sharia Supervisory
Board before the meeting took place.
1.3 A summary of the Comply 1. A summary of the 2023 Annual GMS Minutes was
GMS Minutes is available on the BTPN Syariah Website within 2 (two)
available on the days from the date of the GMS;
Public Company 2. A summary of the 2023 Annual GMS Minutes is also
Website for at least available on the BTPN Syariah Website, as well as
1 (one) year on the PT Bursa Efek Indonesia and PT Kustodian
Sentral Efek Indonesia Websites;
*effectively no longer serving at the closing of the 2023 Annual GMS held on April 12, 2023
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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good corporate governance
Principle Recommendation Fulfillment Implementation
2nd Principle 2.1 Public Companies Comply 1. BTPN Syariah has a Policy governing Communication
Improving have a with Shareholders and/or Investors as stated in the
the Quality of communication Corporate Governance Policy. This policy includes:
Public Company policy with a. General Principles
Communication shareholders or b. Strategy
with investors c. Program and implementation time;
Shareholders or
Investors 2. BTPN Syariah has a Policy that regulates
Transparency and Openness of Information as stated
in the Corporate Governance Policy;
3. BTPN Syariah has appointed a Corporate Secretary
who is the Bank's representative in relation
to Corporate Governance, and is tasked with
representing the Bank in relation to regulators,
government, media and the wider community;
4. BTPN Syariah has set up a mechanism for
Information Disclosure to stakeholders, prepared with
reference to applicable regulations, and is concisely
implemented:
a. Through Fulfillment of Report Submission
BTPN Syariah submits Periodic Reports and
Incidental Reports to the Sharia Banking
Supervisory Financial Services Authority, Capital
Market Supervisory Financial Services Authority
and other related institutions
b. Via the BTPN Syariah Website
BTPN Syariah periodically carries out Information
Disclosure listed on the BTPN Syariah website, the
PT Bursa Efek Indonesia website and the Capital
Market Supervisory Financial Services Authority
website;
c. Through Programs and other Communication Media
These are BTPN Syariah programs and activities
which are carried out in a structured manner and
whose implementation time has been arranged
in such a way, which is aligned with applicable
regulations, including:
i. Annual General Meeting of Shareholders
(Annual GMS), which is held every year and no
later than 6 (six) months after the financial
year ends;
ii. Extraordinary General Meeting of Shareholders
(Extraordinary GMS), which can be held at any
time based on need;
iii. Public Expose, as fulfillment of annual
obligations and as a medium that provides
exposure related to corporate actions currently
being carried out by BTPN Syariah for the
public to know, in this case Shareholders and/or
Investors;
PT Bank BTPN Syariah Tbk | 2023 Annual Report
d. Organizing other activities related to
communication to Shareholders and/or Investors
including Analysts Briefings, Investor Meetings and
Press Releases.
2.2 3rd Principle Comply 1. BTPN Syariah has a Policy regarding Communication
Strengthening with shareholders and/or investors which is stated in
the Membership the Corporate Governance Policy;
and Composition 2. The Corporate Governance Policy has been disclosed
of the Board of on the BTPN Syariah Website.
Commissioners
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Principle Recommendation Fulfillment Implementation
3rd Principle 3.1 Determination Comply 1. The determination of the number of members of the
Strengthening of the number Board of Commissioners at BTPN Syariah has taken
the Membership of members of into account the condition of the Bank;
and Composition the Board of 2. As a Sharia Commercial Bank, the determination
of the Board of Commissioners of the number of members of the Board of
Commissioners takes into account Commissioners has complied with the provisions of
the conditions of the Bank Indonesia Regulation Number 11/33/PBI/2009 in
Public Company conjunction with SEBI Number 12/13/Dpbs concerning
the Implementation of Good Corporate Governance
for Sharia Commercial Banks, in conjunction with
POJK Number 16/POJK.03 /2023 concerning Sharia
Commercial Banks, in conjunction with POJK
Number 17 of 2023 concerning the Implementation of
Governance for Commercial Banks;
3. As a Public Company, the determination of the
number of members of the Board of Commissioners
at BTPN Syariah has complied with the provisions
of POJK No. 33/POJK.04/2014 concerning Directors
and Board of Commissioners of Issuers or Public
Companies;
4. The number of members of the Board of
Commissioners at BTPN Syariah is currently 4 (four)
people, consisting of:
a. 3 (three) Independent Commissioners
b. 1 (one) Commissioner.
3.2 Determining Comply Determining the composition of the Board of
the composition Commissioners at BTPN Syariah has taken into account
of members of needs, business complexity and elements of diversity of
the Board of expertise, which are based on knowledge in the banking
Commissioners and sharia banking sector, expertise, professional
takes into account experience and educational background to support the
the diversity of skills, effective implementation of the duties of the Board of
knowledge and Commissioners.
experience required
4th Principle 4.1 The Board of Comply 1. The Board of Commissioners at BTPN Syariah has a
Improving Commissioners has self-assessment policy to assess the performance of
the Quality of a self-assessment the Board of Commissioners;
Implementation policy to assess 2. This policy is regulated in the Nomination and
of Duties and the performance Remuneration Committee Guidelines and Work Rules;
Responsibilities of the Board of 3. Semesterly, BTPN Syariah carries out a self-
of the Board of Commissioners assessment as a Sharia Commercial Bank to
Commissioners assess the performance of Bank Organs and Bank
Supporting Organs as well as other matters referring
to working papers determined by the Regulator.
4.2 The self-assessment Comply The Self-Assessment Policy for assessing the
policy for assessing performance of the Board of Commissioners is
the performance regulated in the Nomination and Remuneration
of the Board of Committee Guidelines and Work Rules and disclosed in
Commissioners the 2023 Annual Report in the Board of Commissioners
is disclosed in the Performance Assessment section.
Public Company's
Annual Report
4.3 The Board of Comply 1. BTPN Syariah has provisions regarding the
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Commissioners has resignation of members of the Board of
a policy regarding Commissioners as stated in the Articles of
the resignation Association;
of members of 2. The Board of Commissioners at BTPN Syariah has a
the Board of policy regarding the resignation of members of the
Commissioners if Board of Commissioners which is stated in the Board
they are involved in of Commissioners' Guidelines and Work Rules.
financial crimes
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good corporate governance
Principle Recommendation Fulfillment Implementation
4.4 The Board of Comply The Board of Commissioners and the Nomination and
Commissioners or Remuneration Committee at BTPN Syariah have a
the Committee succession policy in the nomination process for members
that carries out of the Board of Directors as stated in the Nomination
the Nomination and Remuneration Committee Guidelines and Work
and Remuneration Rules.
function prepares
a succession policy
in the nomination
process for
members of the
Board of Directors
5th Principle 5.1 Determination Comply 1. Determining the number of members of the
Strengthening of the number of Board of Directors at BTPN Syariah has taken
the Membership members of the into consideration the condition of the Bank and
and Composition Board of Directors effectiveness in decision making;
of the Board of takes into account 2. As a Sharia Commercial Bank, the determination of
Directors the condition of the the number of members of the Board of Directors
Public Company has complied with the provisions of Bank Indonesia
and effectiveness in Regulation Number 11/33/PBI/2009 in conjunction
decision making with SEBI Number 12/13/Dpbs concerning the
Implementation of Good Corporate Governance
for Sharia Commercial Banks, in conjunction with
POJK Number 16/POJK.03/ 2023 concerning Sharia
Commercial Banks, in conjunction with POJK
Number 17 of 2023 concerning the Implementation of
Governance for Commercial Banks;
3. As a Public Company, the determination of the
number of Directors at BTPN Syariah has complied
with the provisions of POJK No. 33/POJK.04/2014
concerning Directors and Board of Commissioners of
Issuers or Public Companies,
4. The number of tDirectors at BTPN Syariah is
currently 5 (five) people, led by the President Director,
and one member of the Board of Directors has been
appointed as Compliance Director and Corporate
Secretary. In determining the number of members
of the Bank's Board of Directors, it has been
based on the need to achieve the Bank's aims and
objectives and adapted to the conditions, needs and
complexities at BTPN Syariah.
5.2 Determining the Comply Determining the composition of the Board of Directors
composition of at BTPN Syariah has taken into account the needs and
members of the complexity of the business, the element of diversity
Board of Directors of expertise, which is based on knowledge in the field
takes into account of banking and sharia banking, expertise, professional
the diversity of skills, experience, and educational background to support the
knowledge and effective implementation of the Board of Directors'
experience required duties.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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Principle Recommendation Fulfillment Implementation
5.3 Members of the Comply 1. The member of the Board of Directors at BTPN
Board of Directors Syariah who oversee Accounting and Finance and
who are in charge Operations at BTPN Syariah have good knowledge
of accounting in the fields of Accounting and Sharia Accounting,
or finance have Finance, Risk Management, Operations, Treasury and
expertise and/or Good Corporate Governance;
knowledge in the 2. He has certification in the field of Public Accountant
field of accounting (Certified Public Accountant);Saat ini Beliau
menjabat sebagai Dewan Standar Akuntansi Syariah
Indonesia periode 2020-2024;
3. Currently he serves as the Indonesian Sharia
Accounting Standards Board for the 2020-2024
period;
4. Before serving as Director in charge of Accounting
and Finance and Operations at BTPN Syariah, he was
Head of Finance at BTPN Syariah and had career
experience in a Public Accounting Firm which provided
services to various types of companies and banks in
the fields of Audit Services, Due Diligence, Mergers
and Integration, Implementation System, Capital
Raising and other accounting services, as well as
having good relationships with corporate clients who
have a good reputation in the mass market sector.
6th Principle 6.1 The Board of Comply 1. BTPN Syariah has a self-assessment policy to assess
Improving Directors has a the performance of the Board of Directors;
the quality of self-assessment 2. This policy is regulated in the Nomination and
implementation policy to assess the Remuneration Committee Guidelines and Work Rules;
of the duties and performance of the 3. Each semester, BTPN Syariah carries out a self-
responsibilities Board of Directors assessment as a Sharia Commercial Bank to
of the Board of assess the performance of Bank Organs and Bank
Directors Supporting Organs as well as other matters referring
to the working papers determined by the Regulator.
6.2 The self-assessment Comply The Self-Assessment Policy is regulated in the
policy for assessing Nomination and Remuneration Charter and disclosed in
the performance the 2023 Annual Report in the Directors' Performance
of the Board Assessment section.
of Directors is
disclosed in the
public company's
annual report
6.3 The Board of Comply 1. BTPN Syariah has provisions regarding the
Directors has a resignation of members of the Board of Directors
policy regarding which are stated in the Articles of Association;
the resignation of 2. Direksi di BTPN Syariah telah memiliki Kebijakan
members of the The Board of Directors at BTPN Syariah has a policy
Board of Directors if regarding the resignation of members of the Board of
they are involved in Directors which is contained in the Board of Directors
financial crimes Charter.
7th Principle 7.1 Public Companies Comply 1. BTPN Syariah has provisions to prevent insider
Improving have policies to trading, which are contained in the Corporate
Corporate prevent insider Governance Policy and the Policy on Ownership,
Governance trading Confidentiality of Information and Investments for
Aspects through Employees;
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Stakeholder 2. The policy in question has been disclosed on the BTPN
Participation Syariah Website
7.2 Public Companies Comply BTPN Syariah has anti-corruption and anti-fraud policies
have anti-corruption which are contained in the Corporate Governance Policy,
and anti-fraud Code of Ethics, Anti-Fraud Strategy Procedures and
policies Entertainment and Prize Procedures, the main points of
which have been disclosed on the BTPN Syariah Website
7.3 Public Companies Comply BTPN Syariah has provisions regarding the selection and
have policies improvement of supplier or vendor capabilities as stated
regarding the in the Operational Policy for Partner Management and
selection and Procurement of Goods and Services, the main points of
improvement of which have been disclosed on the BTPN Syariah Website
supplier or vendor
capabilities
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good corporate governance
Principle Recommendation Fulfillment Implementation
7.4 Public Companies Explain 1. BTPN Syariah does not have a loan position from
have policies other parties (creditors);
regarding fulfilling 2. Policies that include considerations in entering into
creditor rights agreements as well as follow-up actions in fulfilling
obligations will be available in the event that there
are policy changes at a later date.
7.5 Public Companies Comply BTPN Syariah has provisions regarding a whistleblowing
have a system, the main points of which have been disclosed on
whistleblowing the BTPN Syariah Website
system policy
7.6 Public Companies Comply 1. BTPN Syariah has a policy of providing long-term
have a policy of incentives to Directors and Employees
providing long-term 2. The Bank consistently ensures that a fair
incentives to Board compensation system is implemented by exploring
of Directors and a long-term compensation system for Directors and
Employees Employees, which is deemed to align the interests of
the Bank and employees.
8th Principle 8.1 Public Companies Comply 1. BTPN Syariah has made wider use of information
Improving the make wider use technology, apart from the website as a medium for
Implementation of information information disclosure;
of Information technology apart 2. BTPN Syariah has official Social Media Accounts:
Disclosure from Websites a. Instagram : @btpnsyariah
as a medium https:///www.instagram.com/btpnsyariah/
for information b. Instagram: @saya.bankirpemberdaya
disclosure https:///www.instagram.com/saya.
bankirpemberdaya/
c. Tik Tok: @btpnsyariah
https://www.tiktok.com/btpnsyariah
d. Facebook : BTPN Syariah / @btpnsyariah.id
https://facebook.com/btpnsyariah.id
e. Youtube : BTPN Syariah
https://www.youtube.com/BTPNSyariah
f. Linkedin : BTPN Syariah
https://www.linkedin.com/company/btpnsyariah
8.2 Public Company Comply 1. The BTPN Syariah Annual Report has revealed that
Annual Reports the ultimate beneficial owner in Public Company
disclose the ultimate share ownership is at least 5% (five percent);
beneficial owner 2. This information has also been disclosed on the BTPN
in public company Syariah Website.
share ownership,
at least 5% (five
percent) in addition
to disclosure
of the ultimate
beneficial owner
in public company
share ownership
through the main
and controlling
shareholders
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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Structure and Mechanism of
GOOD CORPORATE GOVERNANCE
BTPN Syariah Corporate Governance Structure
General Meeting of Shareholders (GMS)
Board of Commissioners Sharia Supervisory Board Board of Directors
Risk Management
Audit
Committee
Committee
Information and
Risk Oversight
Technology Steering Committee
Committee
Financing Policy
Nomination and Remuneration
Committee
Committee
Good Corporate Governance Committee Assets and Liabilities Committee
(within Financial Group) (ALCO)
Business
Committee
Human Capital
Committe
Information Security
Management System Committee
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Governance in Finance
Corporate Secretary and • Integrated Risk
Compliance Risk Management Management
General Counsel
• Integrated Compliance
• Integrated Internal Audit
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good corporate governance
In compliance with Law No. 40 of 2007 concerning 4. Other divisions have been formed at BTPN
Limited Liability Companies (UUPT) and as part Syariah, namely Corporate Secretary & General
of the banking industry, the governance structure Counsel, Corporate Information Security,
at BTPN Syariah consists of Main Organs and Corporate & Marketing Communication,
Supporting Organs. Financing Business (subordinate to Financing
Business Planning & Support, Mitra Tepat &
main organs Project Implementation, Financing Business
• General Meeting of Shareholders (GMS) Risk, DAYA and Distribution Region 1-5),
• Board of Commissioners Funding & New Business Team (supervising
• Sharia Supervisory Board Retail & Wholesale Funding, Funding & New
• Board of Directors Business Planning & Support and Business
Development), Finance, Treasury & Operation
supporting organs (subordinating Financial Control & Analytics,
1. Board of Commissioners Committee Treasury & Financial Institution, Operation
a. Audit Committee Development, QA Funding & Operations,
b. Risk Oversight Committee Transaction Services and Corporate Services),
c. Nomination and Remuneration Committee Information Technology, and Human Resources.
d. Corporate Governance Committee in
a Financial Group 5. Sustainability Task Force
BTPN Syariah makes a real contribution
2. Board of Directors Committee to initiatives that support improving
a. Asset and Liabilities Committee environmental quality and is committed to
b. Business Committee faithfully empowering the underprivileged
c. Human Capital Committee customers it serves to improve their welfare
d. Risk Management Committee and quality of life in line with sustainability
e. Information and Technology Steering goals.
Committee
f. Financing Policy Committee In order to realize the achievement of
g. Information Security Management Systems sustainable financial actions, BTPN Syariah
Committee has formed a Task Force whose task is to
ensure comprehensive internal coordination
3. Availability of Work Units for business and supervision of the implementation of
development, operations, implementation of the bank's plans in accordance with the
risk management and internal control at BTPN Sustainable Financial Action Plan.
Syariah. Internal Units BTPN Syariah includes
among others Internal Audit Unit (SKAI), BTPN Syariah makes improvements to the GCG
Risk Management Unit (SKMR), and Structure from time to time to suit the Bank's
Compliance Unit (SKK). conditions and needs.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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General Meeting of
SHAREHOLDERS
The General Meeting of Shareholders (GMS) is 4. Not included in the list of people who are
the highest organ of a Limited Liability Company. prohibited from becoming Main Parties,
This organ has authority that is not given to the which include, among other things, not being
Directors or Board of Commissioners within the included in the Disqualified List (DTL);
limits determined by the Limited Liability Company 5. The Main Party must obtain OJK approval,
Law and the Articles of Association of BTPN which must be granted through a fit and proper
Syariah. test;
6. Requirements and other information refer to
Every decision taken at the GMS at BTPN Syariah the applicable provisions regarding the Fit and
is carried out in good faith , takes into account the Proper Assessment.
interests of the Bank, and does not conflict with
applicable laws and regulations, including laws and protection of minority shareholders
regulations in the Capital Market sector and the BTPN Syariah guarantees protection for minority
Articles of Association. shareholders referring to the Limited Liability
Company Law, Articles of Association and BTPN
In line with the provisions, the GMS at BTPN Syariah Corporate Governance Policy.
Syariah cannot intervene in the duties, functions
and authority of the Board of Commissioners, share registration and shareholder
Sharia Supervisory Board and Directors, without register
reducing the authority of the GMS to exercise its BTPN Syariah has the responsibility to ensure that
rights by the Articles of Association and applicable protection of Shareholders' rights is provided in
laws and regulations. accordance with statutory regulations and the
Articles of Association.
shareholders
Shareholders are parties who can act as owners The Board of Directors guarantees the availability
in BTPN Syariah and are required to have good of a list of shareholders consisting of:
integrity as regulated under the provisions. 1. Monthly Shareholder List;
2. List of Shareholders in connection with the
Parties who can act as Bank owners must have the implementation of corporate actions and
following qualifications: according to the predetermined recording date;
1. According to the assessment of the Financial 3. Special List containing information regarding
Services Authority, it has good integrity, shares of members of the Board of Directors
namely: and Board of Commissioners.
a. Capable of carrying out legal actions;
b. Have good morals and morals; Information on the Shareholder List is available
c. Have a commitment to comply with legal on the BTPN Syariah Website and is updated
regulations and support Financial Services regularly.
Authority policies; And
d. Have a commitment to developing healthy dividend policy
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Sharia Commercial Bank operations; Dividend policy at BTPN Syariah is as regulated
2. Have integrity and financial worthiness and in Article 24 of Articles of Association Number 35
financial reputation for prospective Controlling dated 21 April 2021.
Shareholders;
3. Must fulfill the requirements of having a Observing the development of the Company's
commitment to developing healthy Bank financial performance and to maximize public
operations, and having a plan that at least shareholder value, the Bank's Dividend Policy can
contains the Bank's development direction and reach more than 40%, while still paying attention
strategy, and a plan to strengthen the Bank's to related factors, including: income and cash flow
capital for a period of at least 3 (three) years availability, financial prospects, working capital
(for Controlling Shareholders); needs, future business prospects, capital and
infrastructure expenditure, as well as investment
plans and other growth drivers.
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good corporate governance
rights and responsibilities of shareholders 6. Every shareholder has the right to request
Shareholders are capital owners who have rights from the Bank that their shares be purchased
and responsibilities over the Bank in accordance at a reasonable price, if the shareholder does
with statutory regulations and the Articles of not approve of the bank's actions which are
Association. detrimental to the shareholder in the form of
changes to the articles of association, transfer
BTPN Syariah guarantees the fulfillment of the or guarantee of bank assets which have a value
rights and obligations of shareholders based of more than 50% of the bank's net assets or
on the principle of fairness and in carrying out merger, consolidation , takeover or spin-off.
their rights and responsibilities, shareholders are
obliged to pay attention to the principle that in responsibilities of shareholders at BTPN
carrying out their rights and responsibilities they Syariah include:
must always pay attention to the continuity of the 1. Each Shareholder is subject to and complies
Bank's business. with the Articles of Association and applicable
laws and regulations;
shareholder rights in BTPN Syariah include: 2. Controlling Shareholders should pay attention
1. Shareholders have the right to attend the to the interests of minority Shareholders
GMS either personally or represented based and other stakeholders in accordance with
on a power of attorney, provide responses to statutory regulations;
the GMS agenda and participate in decision 3. Minority Shareholders are responsible for
making in accordance with the number of exercising their rights in accordance with
shares owned; statutory regulations and the Articles of
2. Shareholders have the right to obtain Association;
accurate, adequate and timely information 4. Shareholders must be able to separate
relating to the Bank, as long as it is related ownership of Bank assets from ownership of
to the GMS agenda and does not conflict personal assets and separate their functions as
with the interests of the Bank, so that Shareholders from their functions as members
Shareholders can make appropriate decisions of the Board of Commissioners or Directors in
at the GMS; the event that the Shareholders hold positions
3. Shareholders have the right to receive net in these organs;
profit distribution in the form of dividends and 5. In the event that a Shareholder becomes
profit distribution in other forms according to a Controlling Shareholder in several banks,
the number of shares owned; efforts must be made to ensure that
4. One or more shareholders who together accountability and relationships between banks
represent at least 1/20 (one twentieth) or the are carried out clearly, and that they always
equivalent of 5% (five percent) of the total comply with applicable legal provisions and
number of shares with voting rights issued regulations, especially regarding transactions
by the Bank, may propose a GMS agenda, with related or related parties.
which is accepted by the party convening the 6. Disclose the List of Related Parties if the
GMS no later than 7 (seven) days before the shareholder acts as controlling shareholder in
summons for the relevant meeting is issued and the bank;
PT Bank BTPN Syariah Tbk | 2023 Annual Report
carried out in good faith, including the reason 7. Every party or Shareholder who owns 5%
for holding the meeting and materials for the (five percent) or more of the paid-up shares,
proposed meeting agenda, with the proposed is obliged to report to OJK any ownership and
agenda being an agenda that requires a GMS changes in share ownership in accordance
decision, and with consider the interests of the with applicable regulations and included in the
Bank and do not conflict with applicable laws Bank's Annual Report;
and regulations; 8. Ownership of Bank shares by controlling
5. Shareholders have the right to receive an Shareholders is prohibited from being pledged
explanation if the proposed agenda is rejected or guaranteed to other parties.
by the Board of Directors and must disclose the
reasons for rejecting the proposed agenda at
the GMS;
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implementation of the 2023 GMS are a form of the regulator's commitment to
BPTN Syariah has implemented its responsibility building regulatory efficiency by combining GMS
to hold Annual GMS for the 2022 financial year provisions in one POJK.
on April 12, 2023 in which its implementation has
fulfilled the provisions of Annual GMS mechanism Convening e-GMS is also a manifestation of the
and procedures in adherence to the Articles of Bank's initiative in the Business Plan to carry out
Associations and prevailing regulations. electronic GMS in 2023, as well as completing
the realization of the Bank's commitment to
The 2023 Annual GMS was held with prioritizing first adapting the provisions of the Articles of
the optimization of health and safety priorities Association to the POJK regarding the provisions
for shareholders and employees, without reducing for convening electronic GMS in 2021.
the quality of implementing good GCG principles.
consistent in providing fair treatment to
The implementation of the 2023 Annual GMS was shareholders
prepared through a thorough planning process. BTPN Syariah is committed to consistently
During the implementation stage, the Bank took providing fair treatment to all shareholders, both
into account the provisions in force at that time, individual shareholders and corporate shareholders
including: who attend or are represented at the 2023 Annual
• Limited Liability Company Law No. 40 of 2007 GMS.
concerning Limited Liability Companies;
• Financial Services Authority Regulation Number This commitment is realized through the
15/POJK.04/2020 concerning Planning and availability of complete GMS supporting
Organizing General Meetings of Shareholders documents that can be easily accessed which
of Public Companies; enable shareholders to fully exercise their rights,
• Financial Services Authority Regulation Number including:
16/POJK.04/2020 concerning Implementation 1. availability of eASY.KSEI facilities
of Electronic General Meeting of Shareholders; The Bank provides eASY.KSEI facilities which
• Decree of the President of the Republic of make it easier for shareholders to attend and
Indonesia Number 11 of 2020 concerning the cast their votes electronically (e-Voting) or
Determination of the CoronaVirus Disease authorize attendance electronically (e-Proxy);
(Covid-19) Public Health Emergency; 2. proxy is available to independent parties
• Decree of the President of the Republic of free of charge
Indonesia Number 12 of 2020 concerning • Shareholders who are unable to attend the
Determining Non-Natural Disasters from the Annual GMS can authorize their attendance,
Spread of Covid-19 as National Disasters; either through the eASY.KSEI application,
• Articles of Association; through an Independent Party appointed
• Other related provisions. by the Shareholders themselves, or through
an Independent Party appointed by BTPN
BTPN Syariah once again implemented electronic Syariah free of charge;
GMS (e-GMS), improving upon the previous • Shareholders do not need to pay service fees
year's breakthrough with providing electronic for appointing an Independent Party, except
authorization (e-Proxy) complete with electronic for stamp fees for the power of attorney
PT Bank BTPN Syariah Tbk | 2023 Annual Report
voting (e-Voting) in the 2023 Annual GMS. and costs for sending the original Power of
Attorney to the Securities Administration
The implementation of e-GMS, the availability Bureau as well as data costs for sending
of e-Proxy and e-Voting which is supported emails or using internet data packages for
by the use of information technology aims to Live Streaming facilities;
increase the efficiency and effectiveness of 3. there is sufficient time for shareholders to
holding GMS. This mechanism is also intended to provide power of attorney
increase the active participation of shareholders • Without reducing the rights of Shareholders
in the GMS, either by attending in person or from the Invitation period up to 3 (three)
by providing power of attorney electronically. days before the GMS to provide power of
From the regulator's perspective, the provisions attorney for attendance, BTPN Syariah
for implementing e-GMS, e-Voting and e-Proxy provides fair treatment to Shareholders who
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good corporate governance
procedures for voting and counting votes
have not had the opportunity to provide at the 2023 Annual GMS
their power of attorney by the specified time
limit (for reasons and/or certain conditions) shareholders who are entitled to attend the
by continuing to present this opportunity 2023 Annual GMS
until the day of the GMS; Shareholders who have the right to attend or be
• Shareholders would not lose voting rights represented at the 2023 BTPN Syariah Annual
and can ask questions through Independent GMS are Bank Shareholders whose names are
Parties; registered in the Bank's Register of Shareholders
4. availability of supporting documents for on March 17, 2023 at 16.00 WIB and/or
meeting materials at the 2023 Annual Shareholders who are registered in securities sub-
GMS that are adequate, complete and accounts at KSEI at the close of trading shares
timely on the IDX on March 17, 2023 or the Shareholders'
• Availability of the Annual Report and proxies as evidenced by a valid Power of Attorney
Sustainability Report for the 2022 and verified with Written Confirmation for
financial year on the Bank's website from Meetings (KTUR) and other proof of identity
the date of the Invitation to the 2023 submitted before entering the Annual GMS
Annual GMS; implementation room.
• Availability of brief profiles of prospective
members of the Board of Commissioners shareholders who have provided power of
and prospective members of the Board of attorney to independent parties appointed
Directors on the Bank's website from the by the company and have been validated as
date of the Invitation to the Annual GMS shareholders by the securities administration
which will be held in 2023; bureau
• Availability of profiles of each member Shareholders who have given power of attorney to
of the Board of Directors, Board of an Independent Party appointed by the Bank can
Commissioners and Sharia Supervisory ask questions through the Independent Party no
Board who were reappointed as of the date later than 3 (three) days before the Annual GMS
of the Invitation to the Annual GMS which and can still monitor the progress of the Annual
will be held in 2023 GMS via Live Streaming by accessing AKSes.KSEI
• Availability of profiles of prospective Public on the eASY application. KSEI has previously made
Accountants and Public Accounting Firms submissions using the procedures as stated in the
on the Bank's website from the date of the 2023 Annual GMS rules and regulations.
Invitation to the 2023 Annual GMS;
• Availability of procedures and protocols for shareholders who decide not to attend and do
the 2023 Annual GMS which are a guide not provide power of attorney to independent
to the stages of the event procession to parties
make it easier for Shareholders while at the BTPN Syariah continues to guarantee the
Meeting venue; fulfillment of Shareholders' rights by providing
• Preparation of meeting mechanisms and opportunities for Shareholders who decide not to
protocols that are short and concise but attend and do not authorize Independent Parties
remain within the corridor of compliance appointed by the Bank to still be able to monitor
with the provisions for holding the Annual the proceedings of the 2023 Annual GMS via the
PT Bank BTPN Syariah Tbk | 2023 Annual Report
GMS; And Live Streaming facility provided by the Bank.
• There is a Power of Attorney form and a However, the Shareholders in question do not have
question sheet that is easily accessible to the right to vote in accordance with the provisions.
shareholders which has been available on
the Bank's website since the date of the The Live Streaming facility access code can
Invitation to the 2023 Annual GMS. be obtained by registering on the eASY.KSEI
Application using the procedures as stated in the
2023 Annual GMS regulations.
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question and answer session at the 2023 Proxies who arrived in the Meeting room after the
annual GMS Meeting Chairman has opened the Meeting, were
In accordance with the Annual GMS Rules and considered absent and therefore were not able
Regulations, the Chairman of the Meeting to submit proposals and/or questions, and were
provides the opportunity for Shareholders and/ unallowed to cast votes at the Meeting as stated
or Shareholder Proxies to ask questions before in the 2023 Annual GMS Invitation
the decision making process on each agenda
item of the Meeting. Shareholders and Proxies/ casting of vote at the 2023 Annual GMS
Representatives of Shareholders who wish to Referring to the 2023 Annual GMS Rules of
ask questions are asked to state their name, the Procedure, voting for each Meeting Agenda is
shareholder they represent and the number of carried out orally, unless otherwise determined
shares they own. by the Chairman of the Meeting without any
objection from Shareholders present at the
Shareholders who attend electronically are also Meeting who own shares in the Bank in the
given the opportunity to ask questions in writing via amount of at least 5% (five percent ) of the total
the chat feature on the e-Meeting Hall screen. The number of shares with voting rights issued by the
Chairman of the Meeting or the party appointed Bank. Voting is carried out after all questions have
by the Chairman of the Meeting has answered been answered and/or the question and answer
questions directly related to the Meeting Agenda. time has ended.
The casting of votes was conducted by:
calculation of votes at the 2023 annual GMS • For Shareholders who are physically present
The calculation of votes at the 2023 Annual GMS is Voting is carried out orally by asking the Chair
1 (one) share entitled to the holder for the right to of the Meeting to ask Shareholders and/or
cast 1 (one) vote and such vote represents all the Shareholder Representatives/Proxies who
member of shares owned. have stated that they do not agree or abstain
from the proposed decision to raise their
independent party during calculation of votes hands. To facilitate calculations, after raising
at 2023 annual GMS their hands, Shareholders and/or Shareholder
BTPN Syariah has appointed an independent Representatives/Proxies are asked to record
party, namely Notary Ashoya Ratam, S.H., M.Kn the names and number of votes cast on
as Public Notary at the Annual GMS held on April the Voting Card provided by the Bank. The
12, 2023, Apart from the Notary, BTPN Syariah Securities Administration Bureau and Notary
has also appointed PT Datindo Entrycom as the Public Officers will collect the completed Voting
Securities Administration Bureau to carry out Cards, and also check the votes listed in the
calculations and/or validation of the quorum and Power of Attorney and then count them. The
voting at the Annual GMS. Notary reports the calculation results to the
Chairman of the Meeting.
mechanism for casting and calculation of • For Shareholders who attend electronically
votes at the 2023 annual GMS Voting is carried out by each Meeting
The mechanism for voting and vote counting at Participant in the eASY.KSEI Application in
the 2023 Annual GMS at BTPN Syariah has been the e-Meeting Hall menu, Live Broadcasting
regulated as stated in the Annual GMS Rules (e-Voting) sub menu with the procedures
of Procedures which have been distributed to and procedures as informed in the eASY.KSEI
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Shareholders and Shareholder Representatives/ application.
Proxies. • For Shareholders who provide power of
attorney via e-Proxy
Meeting participants who were present physically Shareholders who have provided power of
or electronically have the right to express opinions attorney using the e-Proxy mechanism via the
or ask questions and vote at the Meeting. The eASY.KSEI Application are deemed to have
Chair of the Meeting had the right to request used their vote via the eASY.KSEI Application
that those present prove their authority to attend and are not permitted to carry out the e-Voting
the Meeting (both physically and electronically) process.
in accordance with the specified requirements as After voting for the Meeting Agenda has been
stated in the Invitation to the 2023 Annual GMS. completed, all votes cast by Meeting Participants,
Shareholders and Shareholder Representatives/ either through Voting Cards, e-Voting or eASY.
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good corporate governance
KSEI e-Proxy are counted by the Securities majority of Shareholders voting by adding the said
Administration Bureau and the results of the vote vote to the vote of the majority of Shareholders.
calculation will be verified by a Notary. The notary
then announces the results of the vote count to the resolutions on the Implementation of the
Meeting Participants. The Chairman of the Meeting 2023 Annual GMS
then confirmed the results of the vote count. Decisions on proposals submitted in an Agenda are
taken by deliberation to reach a consensus taking
Guided by POJK 15/POJK.04/2020 article 47 into account article 28 POJK 15/POJK.04/2020.
concerning Plans for Holding General Meetings of
Shareholders of Public Companies, Shareholders If deliberation to reach consensus cannot be
who abstain (not vote) are deemed to have cast reached, the resolution is valid if it is approved
the same vote as the majority of Shareholders who by more than ½ (one half) of the total shares
cast votes, Shareholders who not raising your hand with voting rights who are present or represented
is deemed to agree to the proposal submitted, at the Meeting where this is in accordance with
and if the number of votes that do not approve article 41 paragraph (1) POJK 15/POJK. 04/2020
turns out to be insignificant, the Chairman of the in conjunction with article 87 paragraph (2) UUPT
Meeting has the right to declare that the proposal 2007 in conjunction with article 11 paragraph (7) of
submitted is approved by the Meeting. The decision the Bank's Articles of Association.(2) UUPT 2007
of the Chair of the Meeting regarding this matter juncto pasal 11 ayat (7) Anggaran Dasar Bank.
is binding.
there were no charge for convening the 2023
Guided by POJK 16/POJK.04/2020 article 11 annual GMS
concerning the Implementation of Electronic Shareholders are not charged a fee related to
General Meetings of Shareholders of Public proxies to Independent Parties appointed by BTPN
Companies, Shareholders with voting rights who Syariah. However, the costs of sending the Power
are present electronically but do not use their of Attorney, stamp duty (if any) and data costs
voting rights or abstain, are considered valid to due to the use of video conferencing to access the
attend the GMS and cast the same vote with the Meeting are the responsibility of each Shareholder.
Attendance of the Board of Commissioners, Sharia Supervisory Board and Board of Directors of
BTPN Syariah in the 2023 Annual GMS
Annual GMS
April 12 2023
No Name Position Information
Not
Present
Present
1 Kemal Azis Stamboel President Commissioner/Independent V - Present in Person
2 Dewie Pelitawati Independent Commisioner V - Present in Person
3 Ongki Wanadjati Dana Commissioner V - Present in Person
4 Mulya Effendi Siregar * Independent Commisioner V - Present in Person
5 Yenny Lim** Commissioner V - Via Video Teleconference
6 H. Ikhwan Abidin, MA Chairman of the Sharia Supervisory Board V - Present in Person
PT Bank BTPN Syariah Tbk | 2023 Annual Report
7 H. Muhamad Faiz, MA Member of the Sharia Supervisory Board V - Present in Person
8 Hadi Wibowo President Director V - Present in Person
9 Arief Ismail Compliance Director V - Present in Person
10 Gatot Adhi Prasetyo** Director V - Present in Person
11 Fachmy Achmad Director V - Present in Person
12 Dwiyono Bayu Winantio Director V - Present in Person
13 Dewi Nuzulianti*** Director V - Present in Person
Information:
*) Resignation will be effective at the closing of the 2023 Annual GMS which will be held on April 12, 2023
**) Appointed at the closing of the 2023 Annual GMS held on April 12, 2023 and effective after obtaining approval from the Financial Services Authority on April 17, 2023
***) Effectively serving since the closing of the 2023 Annual GMS which was held on April 12, 2023
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Table of Attendance of Shareholders and/or Shareholder Proxies at the 2023 Annual GMS
The 2023 Annual GMS was attended by shareholders and/or their proxies representing 7,111,232,321 shares or
92.3166931%
Of the total number of shares with voting rights that have been issued by the Company, the total is 7,703,083,900
shares, excluding shares in savings (Treasury) totaling 616,100 shares, taking into account the Company's Register of
Shareholders dated March 17, 2023
Attendance of Capital Market Supporting Institutions and/or Professional in the 2023 Annual GMS
Attendance at the
Information Name
2023 Annual GMS
Notary Ashoya Ratam,SH.,Mkn V
Administration Bureau PT Datindo Entrycom V
Siddharta Widjaja & Partners
(an Indonesian partnership and member firm of the KPMG
Public Acconting Firm V
network of independent member firm affiliated with KPMG
International Cooperative)
2023 Annual GMS
Deed
Deed No. 26 dated April 12, 2023 made by Notary Ashoya Ratam, SH., Mkn, Notary in the Administrative City of South
Jakarta
Subject
Minutes of the Annual General Meeting of Shareholders of PT Bank BTPN Syariah Tbk
Agenda
First Agenda of the Meeting:
Ratification and Approval of Financial Reports, Annual Reports and Sustainability Reports which have been reviewed
by the Board of Commissioners for the 2022 financial year, including but not limited to:
a. Ratification of Financial Reports for the financial year ending December 31, 2022;
b. Report on the supervisory duties of the Board of Commissioners and the Sharia Supervisory Board for the financial
year ending 31 December 2022; and
c. Repayment and Release of Responsibility (Volledig Acquit et Decharge) for the Board of Directors, Board of
Commissioners and Sharia Supervisory Board of the Company for management and supervision actions that have
been carried out in and during the financial year ending December 31, 2022.
Meeting Minutes
1. Approved the Annual Report which has been reviewed by the Board of Commissioners, as well as the report on the
supervisory duties of the Board of Commissioners and the Sharia Supervisory Board for the financial year ending
December 31 2022, which is contained in the 2022 Annual Report and 2022 Sustainability Report books
2. Ratified the Company's Consolidated Financial Report for the financial year ending December 31 2022 which has
been examined or audited by the Public Accounting Firm (KAP) SIDDHARTA WIDJAJA & Rekan (an Indonesian
partnership and member firm of KPMG network of independent members affiliated with KPMG International
Cooperative), as stated in its report dated February 10 2023 with an opinion. The consolidated financial statements
present fairly in all material respects the consolidated financial position of the Group as of December 31 2022, as
well as the consolidated financial performance, cash flow, reconciliation of income and profit sharing, source report
and distribution of zakat funds and a consolidated report on the source and use of benevolent funds, for the year
ending on that date, in accordance with Financial Accounting Standards in Indonesia, and which have been included
in the 2022 Annual Report.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
3. Provided full repayment and release of responsibility (volledig acquit et decharge) to members of the Company's
Board of Directors who served in the financial year ending December 31 2022, regarding management actions, and
to the Board of Commissioners and Sharia Supervisory Board regarding supervisory actions that have been carried
out each of them during the financial year ending December 31 2022, as long as these actions are reflected in the
Annual Report, Sustainability Report and Consolidated Financial Report of the Company for the financial year
ending December 31 2022, except for acts of fraud, embezzlement and other criminal acts.
Voting In accordance with the results of voting carried out at the Meeting and also through eASY.KSEI:
Agree Vote : 7,102,765,321 or 99.8809348 %
Disagree Vote : 80,000 or 0.0011250 %
Abstain Vote : 8,387,000 or 0.1179402 %
Total Agree Vote : 7,111,152,321 or 99.9988750 %
Decision-making Thus, the meeting with the most votes was 7,111,152,321 or 99.9988750%
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good corporate governance
Realization/Follow- The Annual Report, Sustainability Report, and Financial Report of BTPN Syariah have
up been approved by Shareholders and are available on the BTPN Syariah Website as part of
Information Disclosure and reported to the Authority in accordance with the provisions
Agenda
Second Agenda of the Meeting:
Determination of the use of the Company's Net Profit for the financial year ending December 31, 2022
Meeting Minutes
1. Approved the use of the Company's Net Profit for the financial year ending December 31, 2022 amounting to IDR
1,779,542,863,537,- (one trillion seven hundred seventy-nine billion five hundred forty-two million eight hundred
sixty-three thousand five hundred and thirty seven rupiah), in accordance with Law number 40 of 2007 concerning
Limited Liability Companies, as follows:
a. An amount of IDR 20,000,000,000 (twenty billion Rupiah) will be set aside as the Company's "General
Reserves";
b. An amount of IDR 92.5 (ninety two point five rupiah) per share or IDR 712,535,260,750,- (seven hundred twelve
billion five hundred thirty five million two hundred sixty thousand seven hundred and fifty Rupiah) will be set
aside as Cash Dividends to Shareholders, provided that:
i. For these dividends, the Board of Directors will withhold dividend tax according to the rates in accordance
with the tax regulations applicable to shareholders who receive dividend payments;
ii. The Board of Directors is hereby given the power and authority to determine matters regarding or relating to
the implementation of dividend payments for the 2022 financial year.
2. Recording the net profit of the Company for the financial year ending on December 31, 2022, amounting to
Rp1,047,007,602,787 (one trillion forty-seven billion seven million six hundred two thousand seven hundred eighty-
seven Rupiah), as retained earnings to finance the Company's business activities.
Voting In accordance with the results of voting carried out at the Meeting and also through eASY.KSEI:
Agree Vote : 7,044,729,621 or 99.0648217 %
Disagree Vote : 80,000 or 0.0011250 %
Abstain Vote : 66,422,700 or 0.9340533 %
Total Agree Vote : 7,111,152,321 or 99.9988750 %
Decision-making Thus, the meeting with the most votes was 7,111,152,321 or 99.9988750%.
Realization/ 1. Regarding the fulfillment of the required reserve amount
Follow-up The provision of a portion of BTPN Syariah's net balance to increase the amount of reserves
has been followed up and has been recorded in accordance with the decision of the 2023
Annual GMS.
2. Regarding the follow-up to the distribution of Dividends
a. A summary of the 2023 Annual GMS Minutes as well as the schedule and procedures for
distributing cash dividends have been submitted to the Financial Services Authority (OJK)
and PT Indonesia Stock Exchange (BEI) as well as PT Kustodian Sentral Efek Indonesia
(KSEI) via letter No. S.188/DIR/CSGC/IV/2023 dated April 14 2023 and information
disclosure has been made on the Indonesian Stock Exchange and Financial Services
Authority websites as well as the BTPN Syariah website.
b. Realization of Cash Dividend Payment Report
i. Cash Dividend Payment (scriptless document)
Distribution of Cash Dividends (scriptless documents) is carried out by referring to
the Letter from PT Kustodian Sentral Efek Indonesia (KSEI) to BTPN Syariah via
letter number KSEI-7718/JKU/0523 dated May 4, 2023, regarding Payment of Cash
Dividends on Shares of PT Bank BTPN Syariah Tbk (BTPS ) with a distribution date of
May 12, 2023, based on share ownership and the tax rate contained in each account
recorded on the recording date (Recording Date) May 2, 2023, and taking into account
the Bank's response to KSEI via Instruction Letter Number S.223/DIR/CSGC /V/2023
dated May 9, 2023, concerning Instructions for the Distribution of Cash Dividends on
BTPS shares.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Notification to Account Holders regarding the distribution of Cash Dividends as
mentioned above was delivered to the relevant Account Holders on May 20 2022,
including information regarding the payment of Tax on Dividend Distribution in
accordance with applicable regulations.
ii. Payment of cash dividends (non-scriptless documents)
BTPN Syariah has distributed to PT Bank BTPN Tbk dividends from 1% ownership
which are not listed on the IDX on 12 May 2023.
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Agenda
Third Agenda of the Meeting:
Changes in the composition of the Company's Management
• Resignation of member of the Board of Directors
• Resignation of member of the Board of Commissioners
• Appointment of new member of the Board of Directors
• Appointment of new member of the Board of Commissioners
• Reappointment of members of the Board of Directors, Board of Commissioners and Sharia Supervisory Board
Meeting Minutes
1. Approved and accepted YENNY LIM's resignation as a member of the Company's Board of Commissioners as of
the closing of the Meeting by expressing his thanks and expressing his highest appreciation to YENNY LIM for the
services and contributions he has provided while serving as a member of the Company's Board of Commissioners;
2. Approved and accepted the resignation of GATOT ADHI PRASETYO as Director of the Company effective from the
closing of the Meeting by expressing his thanks and expressing his highest appreciation to GATOT ADHI PRASETYO
for the services and contributions he has provided while serving as Director of the Company;
3. Appointment of members of the Company's Board of Commissioners, Directors and Sharia Supervisory Board for
the 2023-2026 period as follows:
BOARD OF DIRECTORS:
President Director: HADI WIBOWO
Compliance Director: ARIEF ISMAIL
Director: DWIYONO BAYU WINANTIO
Director: FACHMY ACHMAD
Director: DEWI NUZULIANTI
BOARD OF COMMISSIONERS:
President Commissioner & Independent Commisioner: KEMAL AZIS STAMBOEL
Independent Commissioner: DEWIE PELITAWATI
Commissioner: ONGKI WANADJATI DANA
Independent Commissioner: MULYA EFFENDI SIREGAR*
SHARIA SUPERVISORY BOARD:
Chairman: Haji IKHWAN ABIDIN, MA
Member: Haji MUHAMMAD FAIZ MA
* Effective after receiving approval from the Financial Services Authority
4. Give authority to the Board of Directors with the right of substitution to take all necessary actions related to the
decision on the 3rd (third) agenda in accordance with applicable provisions, including to declare it in a separate
Notarial Deed and notify changes in the composition of the Company's Board of Commissioners to the Ministry
of Law and Human Rights of the Republic of Indonesia and other related agencies in accordance with applicable
regulations.
Voting In accordance with the results of voting carried out at the Meeting and also through eASY.KSEI:
Agree Vote : 7,045,814,421 or 99.0800765 %
Disagree Vote : 48,318,500 or 0.6794673 %
Abstain Vote : 17,099,400 or 0.2404562 %
Total Agree Vote : 7,062,913,821 or 99.3205327%
Decision-making Thus, the meeting with the most votes was 7,062,913,821 or 99.3205327%
Realization/ • Deed of Statement of Decisions of the Annual General Meeting of Shareholders of PT Bank
Follow-up BTPN Syariah Tbk Number 27 dated 12 April 2023 made by Notary Ashoya Ratam, SH.,
Mkn, Notary in the Administrative City of South Jakarta which has been registered with
the Ministry of Law and Human Rights of the Republic of Indonesia regarding Receipt of
Notification of Changes to Company Data Number AHU-AH-01.09-0112366 dated April 19,
2023 which has been submitted to the Financial Services Authority (OJK) and PT Indonesia
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Stock Exchange (BEI) and PT Indonesian Central Securities Depository (KSEI) via letter
S.187/ DIR/CSGC/IV/2023 dated April 14, 2023 and information disclosure has been made
on the Indonesian Stock Exchange and Financial Services Authority websites as well as the
BTPN Syariah website;
• Deed of Statement of Decisions of the Annual General Meeting of Shareholders of PT Bank
BTPN Syariah Tbk Number 46 dated April 27, 2023 made by Notary Ashoya Ratam, SH.,
Mkn, Notary in the Administrative City of South Jakarta, which has been registered with
the Ministry of Law and Human Rights of the Republic of Indonesia regarding the receipt of
Notification of Changes to Company Data Number AHU-AH.01.09-0112846 dated April 27,
2023 which has been submitted to the Financial Services Authority (OJK) and PT Indonesia
Stock Exchange (BEI) and PT Indonesian Central Securities Depository (KSEI) via letter No.
S.205/DIR/CSGC/IV/2023 dated April 27, 2023 and information disclosure has been made
on the Indonesian Stock Exchange and Financial Services Authority websites as well as the
BTPN Syariah website;
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Agenda
Fourth Agenda of the Meeting:
Determination of the amount of remuneration for members of the Board of Directors, Board of Commissioners and
Sharia Supervisory Board of the Company in 2023.
Meeting Minutes
1. Remuneration Committee Meeting in 2023 and determine the distribution between members of the Board of
Directors and the Sharia Supervisory Board, provided that in determining the amount the total and distribution
of Remuneration for members of the Board of Directors and the Sharia Supervisory Board, the Board of
Commissioners is obliged to pay attention to the recommendations of the Company's Nomination and
Remuneration Committee;
2. Approved the recommendations of the Nomination and Remuneration Committee contained in the Minutes of
the Nomination and Remuneration Committee Meeting Number M.002/RNC/III/2023 dated March 9 2023, which
were approved by the Board of Commissioners as contained in the Minutes of the Board of Commissioners Meeting
Number 003/KOM/CSGC /III/2023 dated March 9 2023 which determines the total amount of gross Remuneration
for the Board of Commissioners for 2023, not exceeding IDR 18.4 billion (gross), and approves the granting of power
and authority to the Board of Commissioners to determine the distribution of the total amount of Remuneration
among members of the Board of Commissioners, provided that in determining the distribution of the total
amount of Remuneration, the Board of Commissioners is obliged to pay attention to the recommendations of the
Company's Nomination and Remuneration Committee.
Voting In accordance with the results of voting carried out at the Meeting and also through eASY.KSEI:
Agree Vote : 7,030,224,315 or 98.8608443 %
Disagree Vote : 72,712,206 or 1.0224980 %
Abstain Vote : 8,295,800 or 0.1166577 %
Total Agree Vote : 7,038,520,115 or 98.9775020 %
Decision-making The meeting with the highest number of votes of 7,038,520,115 shares, or 98.9775020%.
Realization/ 1. Granting power and authority to the Board of Commissioners, to determine the
Follow-up remuneration for members of the Board of Directors and members of the Sharia
Supervisory Board in 2023 and determine its distribution among members of the Board of
Directors and members of the Sharia Supervisory Board, and determine remuneration for
members of the Board of Commissioners and its distribution among members of the Board
of Commissioners has been given according to the decision of the meeting.
2. Determination of remuneration for members of the Board of Directors and members of the
Sharia Supervisory Board in 2023 and determining its distribution among members of the
Board of Directors and members of the Sharia Supervisory Board, as well as determining
remuneration for members of the Board of Commissioners and its distribution among
members of the Board of Commissioners have been given in accordance with the meeting
decision, namely the Minutes Company Nomination and Remuneration Committee Meeting
Number M.002/RNC/III/2023 dated March 9 2023, which was approved by the Board of
Commissioners as contained in the Minutes of the Board of Commissioners Meeting Number
003/KOM/CSGC/III/2023 dated March 9 2023 concerning the determination of the total
gross remuneration for members of the Board of Commissioners for the financial year
ending 12-31-2023 (December thirty-first, two thousand and twenty-three).
Agenda
Fifth Agenda of the Meeting:
Appointment of a Public Accountant and/or Public Accounting Firm to examine the Company's books for the financial
year ending December 31 2023 and determine the amount of honorarium and other requirements relating to the
appointment.
Meeting Minutes
1. Approved the appointment of KAP Siddharta Widjaja & Rekan (hereinafter referred to as "KAP"), which is a KAP
registered with the OJK, to audit the Company's Financial Report for the 2023 financial year by appointing Mr.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Handrow Cahyadi, S.E, CPA, as Public Accountant (hereinafter referred to as "AP") as the person responsible for
the audit, as well as determining the amount of honorarium and other conditions regarding the appointment of the
KAP and/or AP by taking into account recommendations from the Audit Committee and applicable regulations;
2. Approved the delegation of authority to the Board of Commissioners to appoint a replacement KAP and/or AP in
the event that the KAP and/or AP that have been appointed in accordance with the Meeting's decision for whatever
reason are unable to complete/carry out the audit of the financial statements for the financial year ending on
December 31 2023 , including determining the amount of honorarium and other requirements in connection with the
appointment of the KAP and/or replacement AP;
3. Approved the granting of authority to the Company's Directors to carry out matters deemed necessary regarding
the appointment of KAP and/or AP, including but not limited to the process of holding meetings and signing letters
of appointment for the KAP and/or AP in question.
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Voting In accordance with the results of voting carried out at the Meeting and also through eASY.KSEI:
Agree Vote : 7,102,675,221 or 99.8796678 %
Disagree Vote : 548,900 or 0.0077188 %
Abstain Vote : 8,008,200 or 0.1126134 %
Total Agree Vote : 7,110,683,421 or 99.9922812 %
Decision Making Meeting with the most votes 7,110,683,421 shares or 99.9922812%
Realization/ 1. The Report on the Implementation of the Appointment of a Public Accountant (AP) and/
Follow-up or Public Accounting Firm (KAP) in the context of an audit of annual historical financial
information on December 31 2023 has been submitted to the Sharia Banking OJK via letter
number S.211/DIR/CSGC/V /2023 dated May 3 2023, and to OJK Capital Markets and
PT Bursa Efek Indonesia via letter number S.213DIR/CSGC/V/2023 dated May 4, 2023;
2. Circular resolution of the Audit Committee as a Substitute for the Decision Taken at the
Audit Committee Meeting of PT Bank BTPN Syariah Tbk Number 005/CIR/AK/IX/2023
dated September 11, 2023 concerning the Audit Committee Recommendation regarding
Changes to the Public Accountant as Person Responsible for Auditing Information Annual
Historical Finance at PT Bank BTPN Syariah Tbk for the Financial Year Ending December 31,
2023;
3. Circular resolution of the Board of Commissioners as a Substitute for the Decision Taken
at the Board of Commissioners Meeting of PT Bank BTPN Syariah Tbk Number 007/
CIR/DEKOM/IX/2023 dated September 12 2023 regarding Approval of the Board of
Commissioners regarding Changes to the Public Accountant (AP)* as Responsible Person in
framework for an Audit of Annual Historical Financial Information at PT Bank BTPN Syariah
Tbk for the Financial Year Ending December 31, 2023;
4. The Public Accountant (AP) Change Report in the context of an audit of annual historical
financial information on December 31 2023 has been submitted to the Sharia Banking OJK
via letter number S.379/DIR/CSGC/X/2023 dated October 4 2023, and to the OJK Capital
Markets and PT Indonesia Stock Exchange via letter number S.380/DIR/CSGC/X/2023
dated October 4, 2023;
Further explanation of AP changes can be found in the External Audit section of this 2023
Annual Report
Agenda
Sixth Agenda of the Meeting:
Company Report in the form of a Report on the Implementation of the Transfer of Some of the Company's Treasury
Shares in 2022
Meeting Minutes
Because the Sixth Meeting Agenda is a Report on the Transfer of some Treasury Shares, there is no decision making,
namely:
Paying attention to the Financial Services Authority Regulations:
• Number 59/POJK.03/2017 concerning the implementation of Governance in providing Remuneration for Sharia
Commercial Banks and Sharia Business Units
• Number S.030/DIR/CSGC/I/2022 dated January 26, 2022;
As well as paying attention to the Company's Information Disclosure letter:
• Number S.035 – S.039/DIR/CSGC/I/2023 dated January 26, 2023 concerning Report on Ownership or Changes in
Share Ownership of Members of the Board of Directors of PT Bank BTPN Syariah Tbk; And
PT Bank BTPN Syariah Tbk | 2023 Annual Report
• Number S.034/DIR/CSGC/I/2023 dated January 26, 2023 concerning Disclosure of Information that the Public
needs to know - Implementation of the Transfer of Some Treasury Shares, conveyed to Shareholders as follows:
a. The Company has followed up on the Decision of the Company's Extraordinary General Meeting of Shareholders
which was held on September 2, 2019, the Second Agenda regarding the Buyback of Company Shares in the
context of providing variable remuneration in accordance with POJK Number 59/POJK.03/2017, and has carried
out variable remuneration payments as intended through the transfer of a portion of the Company's Treasury
Shares on January 25, 2023.
b. That the subsequent implementation of variable remuneration payments still takes into account the Company's
Extraordinary GMS Decision and the applicable provisions.
Decision-making Because the Sixth Meeting Agenda was a Report on the Transfer of some Treasury Shares, no
Decision was made.
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good corporate governance
stages of holding the 2023 annual GMS
Plans for Holding the 2023
Annual GMS to OJK
February 23, 2023 Announcement of the 2023
The Plan for Holding the Annual GMS has
Annual GMS
been submitted to OJK DPBS, OJK Capital
Markets, BEI and KSEI via letter
No. S.089/DIR/CSGC/II/2023 March 3, 2023
Announcement has been sent to:
OJK DPBS, OJK Capital Markets,
BEI and KSEI through Letter
No. S.105/DIR/CSGS/III/2023 and published
on the Company's website and eASY.KSEI
application
Recording Date
March 17, 2023
Invitation for the 2023
Annual GMS
March 30, 2023
Invitation for the 2023 Annual GMS was
delivered to:
OJK DPBS, OJK Capital Markets,
BEI and KSEI through Letter
No. S.127/DIR/CSGC/III/2023 and
Summary of Minutes for the published on the Company's website
and eASY.KSEI application
2023 Annual GMS
April 12, 2023
Located at: 16th floor BTPN Tower,
CBD Mega Kuningan
Jl. Dr. Ide Anak Agung Gde Agung
Kav.5,5.5-6 South Jakarta 12950 Summary of 2023 Annual
Indonesia GMS Minutes
April 14, 2023
A summary of the Minutes has been
submitted by OJK DPBS, OJK Capital
Markets, BEI and KSEI through Letter
No. Letter Number S.188/DIR/CSGC/IV/2023
and published on the Company Website and
Minutes of the 2023 eASY.KSEI application
Annual GMS
PT Bank BTPN Syariah Tbk | 2023 Annual Report
May 12, 2023
The minutes of the meeting have been
submitted to OJK DPBS, OJK Capital
Markets, BEI and KSEI via letter
No. S.228/DIR/CSGC/V/2023
and published on the Company's Website.
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follow-up – decisions from the previous year's general Meeting of shareholders
BTPN Syariah has realized the results of the resolutions of the Annual General Meeting of Shareholders
held for the financial year ending on December 31, 2021 and the Extraordinary General Meeting of
Shareholders, both of which were held in 2022, as follows:
follow-up – annual general meeting of shareholders (April 21, 2022)
No Agenda Decision
1 Ratification and Approval of 1. Approve the Annual Report and Sustainability Report which have been
Financial Reports, Annual Reports reviewed by the Board of Commissioners, as well as the report on
and Sustainability Reports which the supervisory duties of the Board of Commissioners and the Sharia
have been reviewed by the Board Supervisory Board for the financial year ending December 31, 2021, which
of Commissioners for the 2021 is contained in the 2021 Annual Report and 2021 Sustainability Report;
financial year, including but not 2. MIndonesian partnership and member firm of KPMG network of
limited to: independent member affiliated with KPMG International Cooperative),
Ratification of Financial Reports Ratify the Company's Consolidated Financial Report for the financial
for the financial year ending year ending December 31, 2021 which has been examined or audited
December 31, 2021; by the Public Accounting Firm (KAP) SIDDHARTA WIDJAJA & Rekan
(an Indonesian partnership and member firm of KPMG network of
a. Approval of the Consolidated independent members affiliated with KPMG International Cooperative),
Financial Statements for the as stated in its report dated February 10, 2022 with an opinion. The
fiscal year ending on December consolidated financial statements present fairly in all material respects
31, 2021; the consolidated financial position of the Company and its subsidiaries
b. Report on the Oversight Duties as of December 31, 2021, as well as financial performance and cash flow,
of the Board of Commissioners reconciliation of income and profit sharing, sources and the distribution
and the Sharia Supervisory Board
of zakat funds and the source and use of consolidated benevolent
for the fiscal year ending on
funds for the year ending on that date, in accordance with Financial
December 31, 2021; and
c. Settlement and Discharge Accounting Standards in Indonesia, and which have been included in the
of Liabilities (Volledig 2021 Annual Report.
Acquit et Decharge) for the 3. Provide full repayment and release of responsibility (volledig acquit et
Board of Directors, Board decharge) to members of the Company's Board of Directors who served
of Commissioners, and in the financial year ending December 31, 2021, regarding management
Sharia Supervisory Board actions, and to the Board of Commissioners and Sharia Supervisory
of the Company regarding Board regarding supervisory actions that have been carried out each
management and oversight of them during the financial year ending December 31, 2021, as long as
activities conducted during the these actions are reflected in the Annual Report, Sustainability Report
fiscal year ending on December and Financial Report of the Company for the financial year ending
31, 2021. December 31 2021, except for acts of fraud, embezzlement and other
criminal acts.
2 Determination of the use of the 1. Approve the use of the Company's Net Profit for the financial year
Company's net profit for the ending December 31, 2021 amounting to IDR 1,465,003,529,173 (one
financial year ending December trillion four hundred sixty-five billion three million five hundred twenty-
31, 2021 nine thousand one hundred seventy-three Rupiah), in accordance
with the Law. Law number 40 of 2007 concerning Limited Liability
Companies, as follows:
a. An amount of IDR 20,000,000,000 (Twenty Billion Rupiah) will be set
aside as the Company's General Reserve;
b. In the amount of Rp. 61.75 (sixty one point seventy five rupiah) per
share or Rp. 475,625,176,000,- (four hundred seventy five billion six
hundred twenty five million one hundred seventy six thousand Rupiah)
will be set aside as Cash Dividends to Shareholders, provided that:
i. For these Dividends, the Board of Directors will deduct Dividend
Tax according to rates in accordance with the tax regulations
PT Bank BTPN Syariah Tbk | 2023 Annual Report
applicable to Shareholders who receive Dividend payments, and
ii. The Board of Directors is hereby given the power and authority to
determine matters relating to or relating to the implementation of
Dividend payments for the 2021 financial year.
2. Booked the Company's remaining net profit for the financial year ending
December 31, 2021, amounting to Rp. 969,378,353,173,- (nine hundred
sixty-nine billion three hundred seventy-eight million three hundred
fifty-three thousand one hundred and seventy-three Rupiah) as retained
earnings to finance the Company's business activities.
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good corporate governance
Status Information
Completed The Annual Report, Sustainability Report, and Consolidated Financial Report of BTPN Syariah
for the financial year ending on December 31, 2021, has been approved by the Shareholders at
the 2022 Annual GMS and are available on the BTPN Syariah website as part of Information
Disclosure and reported to the Authorities in accordance with applicable regulations.
Completed 1. Regarding the fulfillment of the required reserve amount
The provision of a portion of BTPN Syariah's net balance to increase the amount of reserves
has been followed up and has been recorded in accordance with the decision of the 2022
Annual GMS.
2. Regarding the follow-up to the distribution of Dividends
a. A summary of the 2022 Annual GMS Minutes as well as the schedule and procedures for
distributing cash dividends have been submitted to the Financial Services Authority (OJK)
and PT Indonesia Stock Exchange (BEI) as well as PT Kustodian Sentral Efek Indonesia
(KSEI) via letter No. S.154/DIR/CSGC/IV/2022 dated April 25, 2022 and information
disclosure has been made on the Indonesian Stock Exchange and Financial Services
Authority websites as well as the BTPN Syariah website.
b. Cash dividend payment (scriptless)
PT Bank BTPN Syariah Tbk | 2023 Annual Report
i. BTPN Syariah has carried out cash dividend payments through PT Kustodian Sentral Efek
Indonesia (KSEI) via letter number KSEI-8052/JKU/0522 dated 12 May 2022 regarding
the Cash Dividend Implementation Report on BTPN Syariah shares.
In the letter, KSEI reported that KSEI had made the payment of the Cash Dividend to the
Account Holder at KSEI on May 20, 2022 (Payment Date) in accordance with ownership
on the Recording Date May 11, 2022 (Recording Date) and Notification to Account
Holders regarding the distribution of the Cash Dividend the above has been submitted to
the relevant Account Holder on May 20, 2022. Regarding the payment of Tax on Dividend
Distribution, it has also been carried out in accordance with applicable regulations.
ii. Cash dividend payment (non scriptless)
BTPN Syariah has distributed to PT Bank BTPN Tbk dividends from 1% ownership which
are not listed on the IDX on May 20, 2022.
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No Agenda Decision
3 Changes in the composition of 1. Approve and accept the resignation of MAHDI SYAHBUDDIN as a
members of the Company's member of the Company's Board of Commissioners as of the closing
Supervisory Board (Changes of the Meeting by expressing his thanks and expressing his highest
in the composition of the appreciation to MAHDI SYAHBUDDIN for the services and contributions
membership of the Company's he has provided while serving as a member of the Company's Board of
Board of Commissioners due Commissioners; .
to the resignation of members 2. With the resignation the full composition of the Board of Directors,
of the Company's Board of The Board of Commissioners, and the Sharia Supervisory Board are as
Commissioners) follows:
Board of Directors:
President Director: Hadi Wibowo
Director: Gatot Adhi Prasetyo
Compliance Director: Arief Ismail
Director: Fachmy Achmad
Director: Dwiyono Bayu Winantio
Board of Commissioners:
President/Independent Commissioner: Kemal Azis Stamboel
Independent Commissioner: Dewie Pelitawati
Commissioner: Yenny Lim
Sharia Supervisory Board:
Chairman of the Sharia Supervisory Board: H. Ikhwan Abidin, MA
Member of the Sharia Supervisory Board: H. Muhamad Faiz, MA
3. Give authority to the Board of Directors with the right of substitution
to take all necessary actions related to the decision on the 3rd (third)
agenda in accordance with applicable provisions, including to declare
it in a separate Notarial Deed and notify changes in the composition
of the Company's Board of Commissioners to the Ministry of Law and
Human Rights of the Republic of Indonesia and other related agencies in
accordance with applicable regulations.
4 Determination of the amount 1. Give full authority to the Company's Board of Commissioners to
of remuneration for members determine Remuneration for members of the Board of Directors
of the Board of Directors, and the Sharia Supervisory Board in 2022 through the Nomination
Board of Commissioners and and Remuneration Committee Meeting in 2022 and determine the
Sharia Supervisory Board of the distribution between members of the Board of Directors and the Sharia
Company in 2022 Supervisory Board, provided that in determining the total amount and
distribution of Remuneration for members of the Board of Directors and
the Sharia Supervisory Board, the Board of Commissioners is obliged to
pay attention to the recommendations of the Company's Nomination
and Remuneration Committee;
2. Approved the recommendations of the Nomination and Remuneration
Committee contained in the Minutes of the Nomination and
Remuneration Committee Meeting Number M.002/RNC/IV/2022 dated
April 8, 2022, which were approved by the Board of Commissioners
as contained in the Minutes of the Board of Commissioners Meeting
Number 004/KOM/CSGC /IV/2022 dated April 8, 2022 which determines
the total amount of gross Remuneration for the Board of Commissioners
for 2022, not exceeding Rp 10.61 billion (gross), and approves the
granting of power and authority to the Board of Commissioners to
determine the distribution of the total amount of Remuneration among
members of the Board of Commissioners provided that in determining
PT Bank BTPN Syariah Tbk | 2023 Annual Report
the distribution of the total amount of Remuneration, the Board of
Commissioners is obliged to pay attention to the recommendations of
the Company's Nomination and Remuneration Committee.
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good corporate governance
Status Information
Completed The change in the composition of the members of the Company's Board of Commissioners has
been stated in the Deed of Decision Statement of the Annual General Meeting of Shareholders
of PT Bank BTPN Syariah Tbk Number 42 dated April 21, 2022 which was made by Notary Ashoya
Ratam, SH., Mkn, Notary in the Administrative City of South Jakarta, which has been registered
to the Ministry of Law and Human Rights of the Republic of Indonesia regarding the receipt of
Notification of Changes to Company Data Number AHU-AH.01.09-0010849 dated May 1 2022
which has been submitted to the Financial Services Authority (OJK) and PT Indonesia Stock
Exchange (BEI) and PT Kustodian Sentral Efek Indonesia (KSEI) through letter No. S.155/DIR/
CSGC/IV/2021 dated April 25, 2022 and information disclosure has been made on the Indonesian
Stock Exchange and Financial Services Authority websites as well as the BTPN Syariah website;
Completed 1. Minutes of the Board of Commissioners' Meeting Number M.002/RNC/IV/2022 dated April
8, 2022 (Eighth of April two thousand twenty two) determines the total amount of gross
remuneration for members of the Board of Commissioners for the financial year which will end
on 12-31-2021 (December thirty-first two thousand twenty-one);
2. Minutes of the BTPN Syariah Nomination and Remuneration Committee Meeting Number
003/KOM/CSGC/IV/2022 dated April 8, 2022 (April eight two thousand twenty two)
concerning the determination of the total gross remuneration for members of the Board of
Commissioners for the financial year which will end on 12-31-2022 (December thirty-first two
thousand twenty-two).
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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No Agenda Decision
5 Appointment of a Public 1. Approve to grant power and authority to the Board of Commissioners
Accountant and/or Public to:
Accountant office to examine a. Appoint a Public Accountant (AP) and/or Public Accounting Firm
the Company's books for the (KAP) who will examine or audit the Company's books and records
financial year ending December for the financial year ending December 31, 2022 and determine
31, 2022 and determine the the amount of honorarium and other conditions regarding the
amount of honorarium and other appointment of the AP and/or KAP with pay attention to the Audit
requirements relating to the Committee recommendations and applicable regulations;
appointment b. Determine a replacement AP and/or KAP in the event that the
AP and/or KAP that has been appointed in accordance with the
Meeting's decision for whatever reason is unable to complete/
carry out the audit of the financial statements for December 31,
2022, including determining the amount of honorarium and other
requirements in connection with the appointment of the Public
Accounting Firm and/ or the Substitute Public Accountant;
2. That in appointing and appointing the AP and/or KAP, the Company is
obliged To fulfill the following provisions:
a. The appointed AP and/or KAP must be registered as a Capital Market
Supporting Professional with the Financial Services Authority and
have experience in auditing banking companies.
b. The appointed KAP must be affiliated with an international KAP
6 Report on the Implementation 1. The Company has followed up on the Decision of the Company's
of the Transfer of some of the Extraordinary General Meeting of Shareholders which was held on
Company's Treasury Shares in September 2, 2019, the Second Agenda regarding the Buyback of
2022 Company Shares in the context of providing variable remuneration in
accordance with POJK Number 59/POJK.03/2017, and has carried out
variable remuneration payments as intended through the transfer of a
portion of the Company's Treasury Shares on January 25, 2022.
2. That the subsequent implementation of variable remuneration
payments still takes into account the Company's Extraordinary GMS
Decision dated September 2, 2019.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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good corporate governance
Status Information
Completed 1. Circular resolution of the Audit Committee as a Substitute for the Decision Taken at the
Audit Committee Meeting of PT Bank BTPN Syariah Tbk Number 002/CIR/AK/IX/2022 dated
September 9, 2022 concerning Recommendations of the Audit Committee on the Appointment
of a Public Accountant (AP) and/or Accounting Firm Public (KAP) to examine or audit the
books and records of PT Bank BTPN Syariah Tbk ending December 31, 2022;
2. Circular resolution of the Board of Commissioners as a Substitute for the Decision Taken at the
Board of Commissioners Meeting of PT Bank BTPN Syariah Tbk Number 006/CIR/DEKOM/
IX/2022 dated September 28, 2022 concerning Approval of the Board of Commissioners
regarding the Appointment of a Public Accountant (AP) and/or Accounting Firm Public (KAP)
to examine or audit the books and records of PT Bank BTPN SyariahTbk ending on December
31, 2022;
3. The Report on the Implementation of the Appointment of a Public Accountant (AP) and/
or Public Accounting Firm (KAP) in the context of an audit of annual historical financial
information on December 31, 2022 has been submitted to the OJK Sharia Bank Supervisor
via letter number S.365/DIR/CSGC/IX /2022 dated September 29, 2022, and to OJK Capital
Markets and PT Bursa Efek Indonesia via letter number S.364/DIR/CSGC/IX/2022 dated
September 29, 2022.
4. The Audit Committee's Evaluation Results Report on the Implementation of the Provision of
Audit Services on annual historical financial information as of December 31, 2022 has been
submitted to the Sharia Banking OJK via letter number S.238/DIR/SKAI/V/2023 dated May 23,
2023
Completed Because the Sixth Meeting Agenda was a report, no decision was made referring to
the Company's Information Disclosure Letter Number S.030/DIR/CSGC/I/2022
dated January 26, 2022 regarding Reports on Ownership or Changes in Share Ownership of
Members of the Board of Directors of PT Bank BTPN Syariah Tbk and Letter
Number S.031/DIR/CSGC/I/2022 dated January 26, 2022 concerning Disclosure of Information
that the Public Needs to Know - Implementation of the Transfer of Some Treasury Shares, was
conveyed to Shareholders as follows:
1. The Company has followed up on the Decision of the Company's Extraordinary General
Meeting of Shareholders which was held on September 2, 2019, the Second Agenda regarding
the Buyback of Company Shares in the context of providing variable remuneration in
accordance with POJK Number 59/POJK.03/2017, and has carried out variable remuneration
payments as intended through the transfer of a portion of the Company's Treasury Shares on
January 25, 2022.
That the subsequent implementation of variable remuneration payments still takes into account
the Company's Extraordinary GMS Decision dated September 2, 2019.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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Follow-up – 2022 Extraordinary General Meeting of Shareholders (October 13, 2022)
No Agenda Decision
1 Appointment of Members 1. Approved the appointment of ONGKI WANADJATI DANA as a
of the Company's Board of member of the Company's Board of Commissioners as of the closing
Commissioners of the Meeting, with the term of office in question being the same
as the remaining term of office of other members of the Board
of Commissioners who are serving, namely until the closing of the
Company's Annual GMS which will be held in 2023 (two thousand
twenty-three) without reducing the rights of the Meeting or applicable
laws and regulations to dismiss him at any time before his term of office
ends.
Thus, the complete composition of members of the Board of Directors,
Board of Commissioners and Sharia Supervisory Board of the Company
as of the closing of the Meeting is as follows:
BOARD OF DIRECTORS:
President Director: HADI WIBOWO
Director: GATOT ADHI PRASETYO
Compliance Director: ARIEF ISMAIL
Director: FACHMY ACHMAD
Director: DWIYONO BAYU WINANTIO
BOARD OF COMMISSIONERS:
President & Independent Commissioner: KEMAL AZIS STAMBOEL
Independent Commissioner: DEWIE PELITAWATI
Commissioner : ONGKI WANADJATI DANA
Commissioner : YENNY LIM
SHARIA SUPERVISORY BOARD:
Chairman: Haji IKHWAN ABIDIN, MA
Member: Haji MUHAMAD FAIZ MA
2. Grant authority to the Company's Directors with the right of
substitution to restate the resolutions on the agenda of the Meeting in
a Notarial deed and submit them to the Ministry of Law and Human
Rights of the Republic of Indonesia and to take all necessary actions in
accordance with the Company's Articles of Association and applicable
laws and regulations.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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good corporate governance
Status Information
Completed The Statement of Decision of the Extraordinary General Meeting of Shareholders of BTPN
Syariah Number 25 dated October 13, 2022, made by Notary Ashoya Ratam, SH., Mkn, South
Jakarta Administrative City, which has been registered at the Ministry of Law and Human Rights
of the Republic of Indonesia in accordance with Decision Number AHU.AH.01.03-0332927 dated
October 17, 2022, has been submitted to the Financial Services Authority (OJK) and the Indonesia
Stock Exchange (BEI) as well as the Indonesia Central Securities Depository (KSEI) through letter
No. S.384/DIR/CSGC/X/2022 dated October 14, 2022, and disclosure of information has been
made on the Indonesia Stock Exchange and Financial Services Authority websites as well as the
BTPN Syariah website.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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good corporate governance
Board of
COMMISSIONERS
Referring to Law No. 40 of 2007 dated August board of commissioners charter
16, 2007 concerning Limited Liability Companies, In carrying out its duties and responsibilities,
the Board of Commissioners is a company organ the Board of Commissioners refers to the work
that has functions and is responsible collectively guidelines and regulations as stated in the
(each member of the Board of Commissioners Board of Commissioners Charter. Periodically,
cannot act individually, but rather based on the Board of Commissioners Charter is
the decision of the Board of Commissioners), evaluated and updated with reference to the
who is independently tasked with carrying out rules and regulations applicable in Indonesia.
general and/or specific supervisory functions in This charter is binding on every member of the
accordance with the Articles of Association, as Board of Commissioners so that the Board of
well as providing advice to the Board of Directors Commissioners can carry out its supervisory
in managing the Bank in accordance with the function efficiently, effectively, transparently,
principles of Good Corporate Governance (GCG). independently and with accountability.
Members of the Board of Commissioners are The Board of Commissioners has conducted an
appointed and ratified through the General annual review and approved the latest Board of
Meeting of Shareholders and are required to fulfill Commissioners Charter No.01/PedomanKerja/
fit and proper test requirements. CSGC/XII/2023 on December 7, 2023 referring to
the latest provisions.
legal basis for charter
The Board of Commissioners has work The Board of Commissioners' Charter at BTPN
guidelines and regulations in carrying out its Syariah regulate:
duties and responsibilities as stated in the 1. Organization;
Board of Commissioners Charter. The Board of 2. Independence;
Commissioners Charter is updated and evaluated 3. Duties, Responsibilities and Authorities;
periodically with reference to the rules and
4. Establishment of Committees;
regulations applicable in Indonesia.
5. Functions of President Commissioner;
The basis for preparing the Board of 6. Ethical Values of the Board of Commissioners
Commissioners Charter is as follows: and Prohibitions Against the Board of
1. Law No. 40 of 2007 concerning Limited Liability Commissioners;
Companies 7. Meeting;
2. Law No. 6 of 2003 concerning Determination of 8. Accountability of the Board of Commissioners;
Regulations 9. Training;
3. Bank Indonesia Regulation No.11/33/PBI/2009 10. Etc.
concerning Implementation of Good Corporate
Governance for Sharia Commercial Banks and duties, responsibilities and authorities of
Sharia Business Units the board of commissioners
4. Financial Services Authority Regulation No.33/ Duties, Responsibilities and Authorities of the
POJK.04/2014 concerning Directors and Board of Commissioners in accordance with the
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Board of Commissioners of Issuers or Public latest BTPN Syariah Board of Commissioners
Companies Charter as follows:
5. POJK No. 16/POJK.03/2022 concerning Sharia 1. The Board of Commissioners is obliged to
Commercial Banks ensure the implementation of Good Corporate
6. POJK 17 of 2023 concerning Commercial Bank Governance (“GCG”) in every Bank business at
Governance all levels of the organization;
7. Other applicable laws
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2. The Board of Commissioners is tasked with 8. The Board of Commissioners is obliged to notify
supervising in the interests of the Bank over the OJK no later than five (5) working days
the policies and course of management by the after the discovery of:
Board of Directors, providing advice to the a. Violation of statutory provisions in the fields
Board of Directors, and is responsible for such of finance, banking and those related to
supervision, in accordance with the Bank's aims Bank business activities and;
and objectives as stipulated in the provisions b. Circumstances or predicted conditions that
of statutory regulations, the Articles of could endanger the continuity of the Bank's
Association and the resolutions of the GMS; business.
3. The Board of Commissioners is obliged to carry 9. The Board of Commissioners is obliged to
out its duties, authority and responsibilities in propose prospective members of the Sharia
good faith and with the principle of prudence; Supervisory Board (“DPS”) to the Board
4. In carrying out supervision, the Board of of Directors by taking into account the
Commissioners is obliged to direct, monitor recommendations of the Nomination and
and evaluate the implementation of integrated Remuneration Committee and then requesting
governance, risk management and compliance recommendations from the Indonesian Ulema
as well as the Bank's strategic policies in Council and approval from the OJK. The
accordance with the provisions of the Laws GMS can delegate authority to the Board of
and Regulations, Articles of Association and Commissioners to appoint DPS members;
GMS Resolutions. To carry out these duties and 10. In implementing the internal audit function, the
responsibilities, the Board of Commissioners Board of Commissioners is responsible to:
may request the necessary data and a. Ensure that the Board of Directors develops
information from the Board of Directors; and maintains an adequate, effective and
5. In carrying out supervision, the Board of efficient internal control system;
Commissioners is prohibited from participating b. Review the effectiveness and efficiency
in decision making on the Bank's operational of the internal control system based on
activities, except: information obtained from SKAI at least
a. Provision of funds to related parties in once every one (1) year and;
accordance with the provisions of the c. Appoint an independent quality controller
Financial Services Authority Regulation (Quality Assurance) from an external party
(POJK) regarding the maximum limit for to conduct a review of SKAI's performance
distribution of funds and distribution of by considering the recommendations of the
large funds for Sharia Commercial Banks Audit Committee.
or in an amount exceeding the amount that 11. The Board of Commissioners is obliged to provide
will be determined from time to time by the time to carry out duties and responsibilities
Board of Commissioners; and optimally in accordance with the Charter;
b. Other matters stipulated in the Bank's 12. The Board of Commissioners is obliged to
Articles of Association or applicable laws safeguard all data and information related to
and regulations. the Bank submitted by the Board of Directors;
6. Decision making by the Board of 13. The Board of Commissioners communicates
Commissioners is part of the supervisory duties with the internal audit function of the parent
of the Board of Commissioners so that it does company so that the internal audit function of
not negate the responsibility of the Board the parent company prepares the audit scope
of Directors for the implementation of Bank and carries out internal audit activities with
management; adequate coverage at the Bank;
7. Supervision of Internal and External Audit 14. In implementing risk management, the Board
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Functions: of Commissioners must at least:
The Board of Commissioners is obliged to a. Approve policies and management to
supervise the Directors' follow-up on audit evaluate the Company's risks;
findings or examinations and recommendations b. Evaluation of the Board of Directors’
from the Bank's internal audit work unit, external responsibility in implementing the risk
auditors, OJK supervision results and/or management policy;
supervision results from other authorities and c. Evaluate and decide the Board of Directors’
institutions; request related to transactions that
require the approval of the Board of
Commissioners.
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good corporate governance
15. Active supervision of the Company's the right to request the Board of Directors
Compliance Function (as explained in the OJK to appoint an independent party with terms
Regulations that apply to the Compliance and conditions determined by the Board of
Function), the Board of Commissioners will: Commissioners;
a. Evaluate the implementation of the Bank's 4. The Board of Commissioners, based on the
Compliance Function at least 2 (two) times decisions taken at the Board of Commissioners
a year; Meeting, has the right to temporarily
b. Provide suggestions in order to improve the dismiss one or more members of the Board
quality of implementation of the Bank's of Directors, if the members of the Board
Compliance Function. of Directors act contrary to the Articles of
Based on the above evaluation, the Board of Association and/or applicable regulations or
Commissioners will provide advice to the are detrimental to the aims and objectives of
President Director with a copy to the Director in the company or neglect their obligations. In this
charge of the Compliance Function to improve case the Board of Commissioners may request
the quality of the Compliance Function. assistance from the Audit Committee or other
16. Implementing risk management in the use third parties to provide suggestions and input
of information technology, the Board of to the Board of Commissioners;
Commissioners will carry out active supervision 5. The temporary suspension, including the
as follows: reasons, must be notified in writing to the
a. Provide guidance, monitor and evaluate the member of the Board of Directors concerned;
Bank's strategic plans and policies regarding 6. Within 90 (ninety) days after the temporary
the use of Information Technology; dismissal, the Board of Commissioners is
b. Evaluate the responsibility of the Board required to convene an EGMS which will decide
of Directors for implementing the use of whether the member of the Board of Directors
Information Technology. concerned will be permanently dismissed or
17. Approval of the Bank's main policies in returned to his original position. At the EGMS,
accordance with the policy hierarchy and other members of the Board of Directors who are
special policies which include: temporarily dismissed must be given the
a. Financing Policy; opportunity to attend to defend themselves.
b. Policies and procedures for implementing
Anti-Money Laundering and Prevention of duties and responsibilities of the president
Terrorism Financing; Commissioners
c. Risk Management Policy; The main functions of a President Commissioner
d. Compliance Policy; at BTPN Syariah according to the latest BTPN
e. Any other policies that may be required by Syariah Board of Commissioners Charter are as
applicable regulations from Bank Indonesia, follows:
OJK and other competent authorities. 1. The position of each member of the Board
of Commissioners, including the President
rights and authorities of the Board of Commissioner, is equal;
Commissioners 2. The task of the President Commissioner is
To carry out its duties and responsibilities, the to coordinate the activities of the Board of
Board of Commissioners has the following Commissioners and ensure that each member
authorities: of the Board of Commissioners can express
1. The Board of Commissioners has the authority their opinions based on sufficient information;
to request an explanation from the Board of 3. The GMS is chaired by a member of the Board
Directors regarding all matters concerning the of Commissioners appointed by the Board of
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Bank if necessary; Commissioners. In the event that all members
2. The Board of Commissioners has the authority of the Board of Commissioners are absent or
to access and request Bank documents, data unable to attend, the GMS will be chaired by a
and information deemed necessary; member of the Board of Directors appointed by
3. In the event that the Board of Commissioners the Board of Directors; Other provisions refer
believes that an independent review of a to the Company's Articles of Association.
significant problem occurring at the Bank is
necessary, the Board of Commissioners has
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composition and criteria of the Board of • Has ever caused a company which
Commissioners has obtained a permit, license or
The composition and criteria for members of the registration from OJK failed to meet
Board of Commissioners and the Organization as the obligations to deliver an annual
stated in the Guidelines and Working Rules of the report and/or financial report to OJK.
Board of Commissioners of BTPN Syariah are:
1. The number of members of the Board of d. Have a commitment to comply with
Commissioners is at least 3 (three) people and applicable laws and regulations.
at most the same as the number of members e. Have knowledge and/or expertise in
of the Board of Directors; the fields required by Issuers or Public
2. At least 1 (one) member of the Board of Companies.
Commissioners must reside in Indonesia;
3. The Board of Commissioners is led by the Fulfillment of the requirements as referred to
President Commissioners or Managing above must be included in a statement letter
Commissioner; ; and submitted to the Bank. Banks are required
4. Members of the Board of Commissioners to hold a GMS to replace members of the
consist of Independent Commissioners and Board of Commissioners who do not meet the
Non-Independent Commissioners; requirements as referred to above.
5. The number of Independent Commissioners
must be at least fifty percent (50%) of the 8. Every proposal for replacement and/or
total members of the Board of Commissioners; appointment of members of the Board
6. The Board of Commissioners consists of at of Commissioners to the GMS must take
least members who have abilities in the fields into account the recommendations of the
of macroeconomics, Sharia banking and Remuneration and Nomination Committee;
finance, law, accounting and auditing; 9. Each member of the Board of Commissioners
7. Those who may become members of the Board must fulfill the requirements of having passed
of Commissioners are individuals who meet the a fit and proper test in accordance with OJK/BI
requirements at the time of appointment and regulations regarding fit and proper test;
during their office: 10. The majority of members of the Board of
a. Have good morals, morals and integrity. Commissioners shall be prohibited from having
b. Be capable of carrying out legal acts; family relationship up to the second degree
c. Within 5 years prior to the appointment and with the other members of the Board of
during their office: Commissioners and/or with members of the
i. Are never declared insolvent; Board of Directors.
ii. Never became members of the Board of 11. Each proposed replacement and/or
Directors and/or members of the Board appointment of a member of the Board of
of Commissioners declared guilty causing Commissioners to the GMS;
a company to be declared bankrupt;
iii. Never being punished for committing a composition of members of the Board of
criminal act that is detrimental to State Commissioners
finances and/or related to the financial Based on the resolutions of the BTPN Syariah
sector; and Annual GMS held in 2023, 3 (three) members
iv. Never become members of the of the Board of Commissioners whose terms of
Board of Directors and/or Board of office have expired have been reappointed with
Commissioners who during their office: terms of office until the closing of the Annual
PT Bank BTPN Syariah Tbk | 2023 Annual Report
• Failed to hold an Annual General GMS which will be held in 2026, without prejudice
Meeting of Shareholders (“GMS”); to changes that may occur before the end of the
• Their accountability report as term of office.
members of the Board of Directors
and/or members of the Board In the same Annual GMS, a new Independent
of Commissioners has ever been Commissioner was appointed to strengthen the
rejected by a GMS or failed to ranks of the Board of Commissioners with a term
deliver their accountability report as of office until the closing of the Annual GMS
members of the Board of Directors which will be held in 2026, without prejudice to
and/or members of the Board of changes that may occur before the end of the
Commissioners; and term of office.
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good corporate governance
There were changes to the composition of the As of December 31, 2023, the Board of
Board of Commissioners at BTPN Syariah in 2023 Commissioners at BTPN Syariah consists
in connection with the resignation of a member of 4 (people) of which 3 (three) people are
of the Board of Commissioners whose term of Independent Commissioners and all members
office has expired effective April 12, 2023 and the of the Board of Commissioners of BTPN Syariah
appointment of a new Independent Commissioner have fulfilled the number, composition, criteria
effective April 17, 2023. and independence in accordance with applicable
regulations.
Composition of Members of the Board of Commissioners before the 2023 Annual General Meeting of Shareholders
Financial
No Name Position Term of Office
Services Authority Approval
President Commissioner/ February 24, 2014
1 Kemal Azis Stamboel May 22, 2014
Independent (KEP-8/D-03/2014)
February 24, 2014
2 Dewie Pelitawati Independent Commissioner May 22, 2014
(KEP-9/D-03/2014)
August 25, 2022
3 Ongki Wanadjati Dana Commissioner October 13, 2022
(KEP-129/D-03/2022)
July 17, 2019
4 Yenny Lim Commissioner September 2, 2019
(KEP-122/D.03/2019)
Composition of Members of the Board of Commissioners after the 2023 Annual General Meeting of Shareholders
Financial
No Name Position Term of Office
Services Authority Approval
President Commissioner/ February 24, 2014
1 Kemal Azis Stamboel May 22, 2014
Independent (KEP-8/D-03/2014)
April 17, 2023
2 Mulya Effendi Siregar Independent Commissioner April 17, 2023
(KEPR-19/D.03/2023)
February 24, 2014
3 Dewie Pelitawati Independent Commissioner May 22, 2014
(KEP-9/D-03/2014)
August 25, 2022
4 Ongki Wanadjati Dana Commissioner October 13, 2022
(KEP-129/D-03/2022)
All members of the Board of Commissioners in BTPN Syariah have fulfilled the requirements as
members of the Board of Commissioners in accordance with Bank Indonesia Regulations concerning the
Implementation of Good Corporate Governance for Sharia Commercial Banks and Sharia Business Units,
Financial Services Authority Regulations concerning the Implementation of Governance for Commercial
Banks, Financial Services Authority Regulations concerning Banks General Sharia, Financial Services
Authority Regulations regarding Fit and Proper Tests for Main Parties of Financial Services Institutions, as
taken into account the regulation of Financial Service Authority Regulations regarding Directors and Board
of Commissioners for Issuers or Public Companies.
term of office of the Board of Commissioners
In accordance with the Articles of Association of BTPN Syariah, members of the Board of Commissioners
are appointed by the General Meeting of Shareholders for a period of three years, and can be reappointed.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Term of office for members of the Board of Commissioners before the 2023 Annual GMS
No Name Position Term of Office
1 Kemal Azis Stamboel President Commissioner/Independent 2020 - 2023
2 Dewie Pelitawati Independent Commissioner 2020 - 2023
3 Ongki Wanadjati Dana Commissioner 2022 - 2023
4 Yenny Lim Commissioner 2020 - 2023
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Term of Office for Members of the Board of Commissioners After the 2023 Annual GMS and as of December 31, 2023
No Name Position Term of Office
1 Kemal Azis Stamboel President Commissioner/Independent 2023 - 2026
2 Mulya Effendi Siregar Independent Commissioner 2023 - 2026
3 Dewie Pelitawati Independent Commissioner 2023 - 2026
4 Ongki Wanadjati Dana Commissioner 2023 - 2026
independence and diversity of members of the Board of Directors, other members of the
the Board of Commissioners Board of Commissioners, members of Sharia
Supervisory Board, and/or Final Controlling
Independence of Commissioners who are Shareholders or other relationships with
Independent Commissioners the Bank that may affect his ability to act
BTPN Syariah has fulfilled the provisions relating independently;
to Independent Commissioners in accordance 3. The number of Independent Commissioners
with Bank Indonesia Regulation referred to in point (2) must be at least 50%
Number 11/33/PBI/2009 concerning the (fifty percent) of the total members of the
Implementation of GCG for Sharia Commercial Board of Commissioners;
Banks and Sharia Business Units, which 4. Candidates of Independent Commissioners
stipulates that Independent Commissioners must meet the requirements as follows:
have no financial, management, share a. Not a person who works or has the authority
ownership and/or family relationships with and responsibility to plan, lead, control or
controlling shareholders, other members of the supervise the Bank’s activities within the
Board of Commissioners and/or Directors or last 1 (one) year, except for reappointment
financial relationships and/or share ownership as an Independent Commissioner of the
relationships with the Bank that can support Bank for the following period;
his ability to act independently in conjunction b. Does not own shares, either directly or
with Financial Services Authority Regulation indirectly, in the Bank;
Number 16/POJK.03/2022 concerning Sharia c. Do not have affiliated relationship with
Commercial Banks which regulates the number the Bank, a member of the Board of
of independent commissioners in banks in Commissioners, member of the Board of
conjunction with Financial Services Authority Directors, or the Bank’s main shareholders;
Regulation Number 17 of 2023 concerning d. Has no direct or indirect relationship with
Commercial Bank Governance and other the Bank’s activities;
applicable laws. e. Have adequate knowledge in the banking
sector that is relevant to the position as an
The purpose of the existence of an Independent Independent Commissioner; and
Commissioner at BTPN Syariah is in line with f. Experience in banking and/or financial
OJK provisions which are intended to encourage sector;
the creation of a more objective work climate g. Waiting Period for Independent
and environment and place fairness and equality Commissioner candidates originating from:
between various interests, including the interests i. Former members of the Board of
of minority shareholders and other stakeholders. Directors or Executive Officers of the
Bank or parties who have a relationship
The independence of the Board of with the Bank, which may influence
Commissioners at BTPN Syariah in accordance their ability to act independently, at
PT Bank BTPN Syariah Tbk | 2023 Annual Report
with the Board of Commissioners Charter least 1 (one) year before becoming an
includes: Independent Commissioner at the Bank;
1. The Board of Commissioners is obliged ii. Former President Director of the Bank
to carry out its duties and responsibilities concerned and former member of the
independently; Board of Directors who supervised the
2. What is meant by an Independent supervisory function or Executive Officer
Commissioner is a member of the Board who carried out the supervisory function
of Commissioners who has no financial at the Bank concerned, at least 6 (six)
relationship, management, share ownership months before becoming an Independent
and/or family relationship with members of Commissioner at the Bank;
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good corporate governance
iii. Non-Independent Commissioners resources function which state that the
at the Bank become Independent Independent Commissioner can still act
Commissioners at the Bank or independently; and
Bank business groups by fulfilling
the requirements as Independent d. Independent Commissioner's statement at
Commissioners, for a minimum of 1 (one) the GMS regarding the independence of the
year; concerned Commissioner.
h. The relevant candidate discloses a conflict 7. The Independent Commissioner's statement of
of interest in the fit and proper test process independence must be disclosed in the annual
(in the event that there is a conflict of report;
interest or potential conflict of interest of 8. In the event that an Independent Commissioner
the Independent Commissioner candidate or serves on the Audit Committee, the
Non-Independent Commissioner candidate Independent Commissioner concerned can only
related to the Bank in relation to nomination be re-appointed for 1 (one) subsequent term of
of the relevant candidate for the Bank); office on the Audit Committee;
i. In the event that, based on the assessment 9. That for Independent Parties of the Company
of the Financial Services Authority, there who have served for more than 2 (two) periods,
is a conflict of interest or potential conflict under special conditions it is possible to be
of interest of a prospective Independent reappointed, as long as the Independent
Commissioner or prospective Non- Parties continue to declare their Independence
Independent Commissioner related to the which will be stated in a separate statement
Bank in connection with the nomination regarding the declaration of independence in
concerned, the Financial Services Authority compliance with the provisions, especially the
has the authority to determine the provisions related to the Establishment of an
necessary supervisory actions. Audit Committee for public companies and
contained in the Company's Annual Report.
5. Independent Commissioners shall serve for a
certain period of time and can be re-appointed Members of the Board of Commissioners in BTPN
after obtaining approval from the GMS, for Syariah who are Independent Commissioners
a maximum of two (2) consecutive terms of have fulfilled the independence requirements
office; as proven by having no financial, management,
6. Independent Commissioners who have share ownership and/or family relationships with
served for 2 (two) consecutive terms may fellow members of the Board of Commissioners,
be re-appointed in the following period as members of the Board of Directors and/
Independent Commissioners by considering; or Controlling Shareholders or other related
a. Independent Commissioner performance relationships. can naturally affect his ability to act
assessment results; independently.
b. The results of the assessment of the Board
of Commissioners meeting stating that That all Independent Commissioners at BTPN
Independent Commissioners can still act Syariah are not former members of the Board
independently; of Directors or Executive Officers of the Bank
c. The results of the assessment by the head or parties who have relationships with the
of the internal audit work unit and the Bank, which could affect their ability to act
Executive Officer in charge of the human independently.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Realization of Independence Aspects of Independent Commissioners
Independent Commissioner
Independence Aspect Kemal Azis Mulya Effendi Dewie Pelitawati
Stamboel Siregar
Does not own shares, either directly or indirectly
√ √ √
directly to the Bank
Has no direct or indirect business relationships related to
√ √ √
the Bank's business activities
Does not hold concurrent positions as Directors or
√ √ √
Executive Officers who carry out supervisory functions
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Realization of Independence Aspects of Independent Commissioners
Independent Commissioner
Independence Aspect Kemal Azis Mulya Effendi Dewie Pelitawati
Stamboel Siregar
Have no familial relationship up to the second degree
with fellow members of the Board of Commissioners
√ √ √
and/or Directors and/or Controlling Shareholders or
relationship with the bank
diversity of the members of the Board of Commissioners
All members of the Board of Commissioners at BTPN Syariah are appointed by the General Meeting of
Shareholders taking into account recommendations from the Nomination and Remuneration Committee,
and have fulfilled the requirements for passing the Fit and Proper Test from the Financial Services
Authority.
Determination of the composition of the Board of Commissioners is carried out by considering the
complexity and needs of the Bank. The composition of the Board of Commissioners is based on banking
knowledge, expertise, professional experience, and background to support the effective implementation
of the duties of the Board of Commissioners without distinguishing between gender, ethnicity, race and
religion.
The diversity of members of the Board of Commissioners at BTPN Syariah includes 4 (four) members of
the Board of Commissioners, of which there is 1 (one) female member of the Board of Commissioners
and 3 (three) male members of the Board of Commissioners. 3 (three) members of the Board of
Commissioners are Independent Commissioners.
All members of the Board of Commissioners at BTPN Syariah have fulfilled the number, composition,
criteria and independence in accordance with applicable regulations.
Characteristics of the Diversity of the Board of Commissioners
No Diversity Aspect Realization
1 Nationality Indonesian
a. Field of Psychology
b. Master in Business Management
c. Field of Legal Studies
d. Master in Law
e. Engineering Field
f. Master in Science
g. Doctorate in Philosophy
h. Business Administration Field
2 Education
i. Master in Financial Management and Mathematics
j. Knowledgeable in Sharia Banking and Finance and Capital Market Regulations;
k. Knowledgeable in Human Resources, Financial Planning, Accounting, Risk Management
including determining risk strategies and developing modern risk management,
compliance, audit, treasury, corporate banking, information technology, retail &
wholesale banking, consumer services, Science and business strategy planning including
strategy consolidated within the scope of financial conglomerates as well as strategies
in terms of corporate actions
PT Bank BTPN Syariah Tbk | 2023 Annual Report
a. Level 2 Risk Management Certification (Specifically for members of the Board of
Commissioners who are Independent Commissioners)
b. Level 5 Risk Management Certification (specifically for members of the Board of
Commissioners who hold concurrent positions as Executive Officers in the Parent
3 Certifications Entity)
c. Executive Level Risk Management Certification (specifically for members of the Board
of Commissioners who have served as members of the Board of Directors in national
banking)
d. Sharia Banking Basics Certification
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good corporate governance
Characteristics of the Diversity of the Board of Commissioners
No Diversity Aspect Realization
a. House of Representatives - Commissions I and XI
b. Chairman of the Audit Committee at a National Scale Company
c. President Commissioner at a National-Scale Sharia Bank
d. Deputy Commissioner of the Financial Services Authority
e. Assistant Governor of Bank Indonesia
f. Head of Sharia Banking Directorate, Bank Indonesia
g. National Information and Communications Technology Council
h. Corporate Legal, Governance, Compliance, Corporate Secretary, Risk Management
i. Law Firm Partner
4 Work Experience j. Indonesia Bank Restructuring Agency (IBRA)
k. President Director of National Scale Banking
l. Deputy Chief Finance Officer at National Scale Banking
m. Executive Officer in International Periodic Banking in charge of Corporate Planning,
Corporate Performance, General Affairs, Credit Risk, Market Risk, Operational Risk,
Financial Planning and Performances, Credit Analyst, establishment of the Risk
Management Work Unit
n. Board of Commissioners and serves as Member of the Risk Oversight Committee and
Corporate Governance Committee at National Scale Banking which is the Parent
Entity of BTPN Syariah
3 Males
5 Gender
1 Female
affiliated relationships
Familial Relationship with Financial Relationship with
Term of Board of Board of Controlling Board of Board of Controlling
No Name Position
Office Commissioners Directors Shareholder Commissioners Directors Shareholder
Kemal President/
2014 -
1 Azis Independent None None None None None None
now
Stamboel Commissioner
Mulya
Independent 2023 -
2 Effendi None None None None None None
Commissioner now
Siregar
Dewie Independent 2014 -
3 None None None None None None
Pelitawati Commissioner now
Ongki
2022 -
4 Wanadjati Commissioner None None None None None Yes*
now
Dana*
*In connection with his position as Member of the Board of Commissioners in which is the Controlling Shareholder of BTPN Syariah
policy on concurrent positions of the
Board of Commissioners d. At another position that might cause a
conflict of interest in the performance of
1. Members of the Board of Commissioners are his duties as a member of the Board of
prohibited from holding concurrent positions: Commissioners; and/or
a. As a member of the Board of Directors, e. In another position in accordance with the
member of the Board of Commissioners, laws and regulations.
member of the Sharia Supervisory Board or
Executive Officer at a financial institution or 2. Excluding from the concurrent positions
PT Bank BTPN Syariah Tbk | 2023 Annual Report
financial company, whether bank or non- referred to in paragraph (1) in the case of:
bank; a. Members of the Board of Commissioners
b. As a member of the Board of Directors, serve as members of the Board of
member of the Board of Commissioners, Directors, members of the Board of
member of the Sharia Supervisory Board or Commissioners, or Executive Officers who
Executive Officer in more than 1 (one) non- carry out supervisory functions in 1 (one)
financial institution or company, whether non-Bank subsidiary company controlled
domiciled at home or abroad; by the Bank;
c. At the functional duty of a bank financial b. Non-Independent Board of Commissioners
institution and/or a non-bank financial members who carry out functional duties
institution domiciled at home or overseas; for Bank shareholders in the form of legal
entities in the Bank's business group; and/or
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c. Members of the Board of Commissioners 5. Members of the Board of Commissioners
holding a position with a non-profit are individuals who meet the approval
organization or institution. requirements of the Financial Services
As long as it does not result in the person Authority and during their term of office are
concerned neglecting the implementation of required to have:
their duties and responsibilities as a member of a. Integrity;
the Board of Commissioners. b. Competence; And
3. Duties in the position and function as intended c. Good reputation
in number (2.c) can be carried out as long
as the person concerned does not neglect disclosure of concurrent positions of members
the implementation of their duties and of the Board of Commissioners
responsibilities as a member of the Bank's Regarding the disclosure of concurrent
Board of Commissioners. positions until December 31, 2023, the Board
4. Candidates for members of the Board of of Commissioners at BTPN Syariah did not
Commissioners who have positions as intended in hold concurrent positions as members of the
number (2) are required to make a statement to: Board of Commissioners, Board of Directors
a. Maintain integrity; and Executive Officers in banking institutions,
b. Avoid all forms of conflict of interest; And companies or other institutions beyond the
c. Avoid actions that could harm the Bank maximum limit permitted in accordance with the
and/or cause the Bank to violate the provisions.
principle of prudence, while serving as a
member of the Board of Commissioners.
Disclosure of Concurrent Positions of the Board of Commissioners per December 31, 2023:
No Name Position Company Name Year
Member of the Board of
WWF Indonesia 1999 – now
Trustees
1 Kemal Azis Stamboel President Commissioner PT Digital Solusi Pratama 2019 – now
Member of the Board of
Universitas Padjajaran 2020 - 2025
Trustees
Lembaga Pengembangan
Board of Directors Expert Staff 2022 - now
Perbankan Indonesia (LPPI)
2 Mulya Effendi Siregar
Strategic Advisor Alami Group 2022 - now
Strategic Advisor PT Delameta Bilano 2022 - now
Member of the Audit
3 Dewie Pelitawati Universitas Padjajaran 2021 - 2025
Committee
Member of the Board of
PT Bank BTPN Tbk 2022 - now
Commissioners
4 Ongki Wanadjati Dana
PT Nusantara Sejahtera Raya
Independent Commissioner 2023 - 2028
Tbk (Cinema XXI)
mechanism for dismissal and replacement of Members of the Board of Commissioners who are
the Board of Commissioners dismissed for reasons 1, 2, 4 and 6 are given the
Members of the Board of Commissioners may be opportunity to defend themselves before the GMS
dismissed at any time based on a GMS decision by makes a decision to dismiss them.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
stating the reasons for their dismissal.
Self-defense of a member of the Board of
The reasons for dismissal as referred to above are: Commissioners is not necessary if the person
1. Being declared bankrupt based on a court concerned accepts his or her dismissal.
ruling; The termination is effective as of:
2. Being put under the custody based on a court 1. GMS closing date.
ruling; 2. Other dates determined at the GMS.
3. Resigns; 3. Other dates specified in the applicable laws
4. No longer meets the applicable legal and regulations.
requirements:
5. Passes away; or
6. Being dismissed by a GMS for other reasons or
considerations.
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good corporate governance
dismissal or replacement of members of the 3. In the process of dismissal or replacement
Board of Commissioners (before the term of as intended, the Bank submits a request to
office of the Board of Commissioners ends) the OJK, no later than 1 (one) month before
must take into account, at least: the planned implementation of the GMS
1. Members of the Board of Commissioners are which includes the dismissal or replacement
deemed unable to carry out their duties and of Independent Commissioners by containing
responsibilities in managing and implementing information regarding:
healthy Bank strategies; a. Reasons or considerations for dismissing or
2. Dismissal or replacement of members of the replacing Independent Commissioners and
Board of Commissioners is not based on the b. May include the profice of candidate
subjective assessment of shareholders, but is replacement considered to meet the
based on an objective assessment regarding requirements for fit and proper test.
the management of the Bank.
3. The dismissal or replacement of members of 4. In the event that the Financial Services
the Board of Commissioners has gone through Authority assesses that the plan to dismiss or
applicable planning and mechanisms, which replace an Independent Commissioner is not
at least takes into account the assessment of feasible then:
the committee that carries out the nomination a. The plan to dismiss or replace the
function and has been on the agenda at the Independent Commissioner in question was
GMS. not approved by the OJK and
4. Dismissal or replacement of members of the b. The Bank is prohibited from including an
Board of Commissioners does not result in agenda for the dismissal or replacement of
problems in the organization and business Independent Commissioners at the GMS.
activities of the Bank
5. The implementation of the dismissal or Board of Commissioners resignation
replacement of members of the Board of policy if involved in financial crime
Commissioners prioritizes good communication Members of the Board of Commissioners are
patterns from various related parties and required to submit their resignation as Members
6. This is done by prioritizing the implementation of the Board of Commissioners to the Bank if
of Good Governance in the Bank and prudential they are involved in financial crimes as intended
aspects. in accordance with the applicable provisions
as regulated in the Charter of the Board of
dismissal or replacement of an independent Commissioners in the applicable provisions.
commissioner (before the term of office ends)
must take into account, at least: disclosure of share ownership of the Board
1. Must first obtain OJK approval before decisions of Commissioners
are made at the GMS; Regarding the disclosure of BTPN Syariah share
2. In giving approval, OJK carries out an ownership by the Board of Commissioners as of
assessment of the feasibility of the plan December 31, 2023, the Board of Commissioners
to dismiss or replace the Independent does not own BTPN Syariah shares as regulated in
Commissioner the provisions.
Disclosure of BTPN Syariah Share Ownership by members of the Board of Commissioners as of
December 31, 2023
Share Ownership
Name Position Total Shares
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Percentage
President Commissioner/
Kemal Azis Stamboel 0,00% 0
Independent
Mulya Effendi Siregar Independent Commissioner 0,00% 0
Dewie Pelitawati Independent Commissioner 0,00% 0
Ongki Wanadjadti Dana Commissioner 0,00% 0
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orientation for the Board of Board of Commissioners Meeting Policy
Commissioners The Board of Commissioners Meeting Policy
The President Director Shall ensure that all is in accordance with the latest Board of
newly appointed members of the Board of Commissioners Charter, as follows:
Commissioners receive the necessary information 1. Board of Commissioners meetings must be
regarding the Bank to be able to carry out their held periodically at least 1 (one) time every
duties and responsibilities and the Compliance 2 (two) months. A meeting of the Board of
Director and Corporate Secretary is tasked with Commissioners is valid and has the right to
providing the necessary information. make binding decisions if more than 2/3 (two
thirds) of the total members of the Board of
Throughout 2023, 1 (one) member of the Board of Commissioners are present or represented at
Commissioners participated in the orientation. the meeting, referring to stricter statutory
provisions, and making a schedule regarding
In addition to the orientation and induction the Board of Commissioners Meeting periodical
programs, all members of the Board of for the following financial year, before the end
Commissioners at BTPN Syariah have of the current financial year.
implemented training and refresher programs, the
presentation of which is contained in the Board Board of Commissioners meetings can also
of Commissioners Training List in the Corporate be held at any time:
Governance Report in this 2023 Annual Report. a. If deemed necessary by one or more
members of the Board of Commissioners;
risk management certification or
As of 31 December 2023, all serving members b. Upon written request from the Board of
of the Board of Commissioners have Risk Directors Meeting; or
Management Certification and/or have c. Upon written request from one or more
participated in the Risk Management Refreshment shareholders who together represent 1/10
program as stated in the Company Profile Chapter (one tenth) or more of the total number of
of this Annual Report. Certification and/or Risk valid shares issued by the Bank.
Management Refreshment program for the Board
of Commissioners is in line with OJK Regulation 2. The Board of Commissioners is obliged to
No. 24 of 2022 concerning the Development of hold regular meetings with the Board of
the Quality of Human Resources for Commercial Directors at least 1 (one) time in 4 (four)
Banks and OJK Circular No. 28/ SEOJK.03/2022 months;
concerning Risk Management Certification for 3. Board of Commissioners meetings are held if
Commercial Bank Human Resources. attended by the majority of members of the
Board of Commissioners;
implementation of Board of 4. All members of the Board of Commissioners
Commissioners meetings and joint must physically attend meetings of the Board
meetings of the Board of Commissioners of Commissioners at least 2 (two) times a
and Directors in 2023 year;
In accordance with the provisions of the Articles of 5. Non-Independent Commissioners who
Association, the Board of Commissioners is obliged cannot attend the Board of Commissioners
to hold regular Board of Commissioners meetings Meeting physically, the relevant member of
at least 1 (one) time every 2 (two) months and make the Board of Commissioners can attend the
a schedule regarding the Board of Commissioners Board of Commissioners meeting face to face
Meetings for the following books before the end of using the information technology. In special
PT Bank BTPN Syariah Tbk | 2023 Annual Report
the current financial year. The Articles of Association conditions (pandemic or other force majeure),
also stipulate that at least 1 (one) time in 4 (four) the obligation to physically attend meetings
months, the Board of Commissioners will hold a joint refers to the applicable provisions governing
Board of Commissioners Meeting with members physical meetings or restrictions thereon,
of the Board of Directors in accordance with without prejudice to the applicable provisions
applicable regulations. relating to the implementation of good GCG
and provisions in the capital markets sector;
The 2023 Board of Commissioners Meeting 6. The Board of Commissioners must schedule
Schedule and Agenda were approved by the Board meetings for the following year before the
of Commissioners before the financial year ended end of the financial year;
through Memorandum Number M.001/KOM/
CSGC/XII/2022 dated December 28, 2022.
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good corporate governance
7. The Board of Commissioners meeting is members of the Board of Commissioners no
chaired by the President Commissioner later than 3 (three) calendar days before the
or in the event of his absence, by another Board of Commissioners Meeting without
Commissioner appointed at the meeting; taking into account the date of the summons
8. A Board of Commissioners can be represented and the date of the Board of Commissioners
only by other members of the Board of Meeting. In case a meeting has already been
Commissioners at Board of Commissioners scheduled, the summons shall not be required;
Meetings based on a power of attorney. A 19. The Board of Commissioners may invite other
member of the Board of Commissioners can parties to attend the Board of Commissioners
only represent 1 (one) other member of the meetings as observers and/or invitees, including
Board of Commissioners; but not limited to shareholder representatives;
9. Decision making at meetings of the Board of 20. Members of the Board of Commissioners
Commissioners must first be carried out based can participate in Board of Commissioners
on deliberation and consensus; meetings via telephone conference, video
10. In the event that deliberation does not occur conference or similar communication facilities,
and a consensus is not reached, then decisions the use of which can enable all members of the
at the Board of Commissioners meeting shall Board of Commissioners present at the Board
be made based on the majority vote; of Commissioners meeting to see, hear and talk
11. All decisions made legally at the Board of to each other. The participation of the member
Commissioners Meeting are binding on all of the Board of Commissioners concerned in
members of the Board of Commissioners; this manner must be considered as the direct
12. Dissenting opinions that occur at Board of presence of the member of the Board of
Commissioners meetings must be stated Commissioners at the meeting of the Board of
clearly in the minutes along with the reasons Commissioners and is counted in determining
for the differences in opinion; the quorum for the meeting of the Board of
13. The results of Board of Commissioners Commissioners. Decisions taken at the Board
meetings must be stated in the minutes of the of Commissioners Meeting must be made in
meeting and properly documented; writing and signed by the Chair of the Meeting
14. Minutes of Board of Commissioners Meetings and one of the other members of the Board of
are drawn up by the Corporate Secretary or Commissioners who is present and appointed
party appointed at the meeting, and signed by for this purpose by the Board of Commissioners
all members of the Board of Commissioners Meeting;
present at the meeting. In special conditions, 21. If during the meeting there is damage or
which do not need failure in the telephone conference, video
to be proven to any party, the time limit for conference or similar communication means,
preparing Meeting Minutes by the Party then this does not affect the quorum of the
appointed by the Board of Commissioners, meeting which has been reached before the
can be more than 2 (two) days, and with the damage or failure occurs in the telephone
approval of the Board of Commissioners (either conference, video conference or similar means
verbally/in writing); of communication, in that event, members of
15. Minutes of meetings are kept by the Corporate the Board of Commissioners who participate
Secretary and distributed to all members of the in a meeting of the Board of Commissioners
Board of Commissioners; in this way are deemed not to have voted on
16. At a scheduled meeting, the Board of the proposal submitted at the meeting of the
Commissioners meeting materials are delivered Board of Commissioners after the damage or
to meeting participants no later than 5 (five) failure occurs in telephone conferences, video
PT Bank BTPN Syariah Tbk | 2023 Annual Report
working days before the meeting is held; conferences or similar communication facilities;
17. In the event that a meeting is held outside 22. Minutes of meetings of the Board of
the schedule that has been prepared, the Commissioners that use telephone conferences,
meeting materials are delivered to the meeting video conferences or similar means of
participants no later than before the meeting communication will be made in writing and
is held; circulated among, and signed by, all members
18. Summons for meetings of the Board of of the Board of Commissioners who participate
Commissioners must be made in writing and in the meeting of the Board of Commissioners.
sent by electronic mail (electronic media) or Such a signature is not required if the minutes
registered letter or delivered directly with a of the Board of Commissioners meeting are
receipt. The summons must be sent to (the) drawn up in the form of a notarial deed;
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23. The Board of Commissioners can also make During 2023, meetings between the Board of
legally valid & binding decisions without Commissioners and the Board of Directors were
holding a Board of Commissioners meeting, held 5 (five) times out of a total of 4 (four) planned
provided that all serving members of the meetings in accordance with the provisions for
Board of Commissioners have been notified implementing GCG for Sharia Commercial Banks
in writing & all serving members of the Board and the Board of Commissioners Charter and there
of Commissioners have given their approval were no circular resolutions.
regarding the proposal submitted in writing by
signing the agreement. Decisions of the Board The implementation of Board of Commissioners
of Commissioners taken in this way have the Meetings and Meetings of the Board of
same legal force as decisions legally taken at a Commissioners together with the Board of
meeting of the Board of Commissioners; Directors during 2023 will be carried out face to
24. Members of the Board of Commissioners cannot face and online, in accordance with the provisions
make decisions at the Board of Commissioners of the Articles of Association and the Board of
Meeting regarding matters where the member Commissioners Charter which stipulate that
of the Board of Commissioners has a conflict Members of the Board of Commissioners can
of interest with the Bank, unless otherwise participate in Board of Commissioners meetings via
determined at the Board of Commissioners telephone. conference, video conference or similar
Meeting; communication means whose use can enable all
25. Coordination meetings of the Board of members of the Board of Commissioners present at
Commissioners with the Sharia Supervisory the Board of Commissioners meeting to see, hear
Board are held periodically at least 2 (two) and talk to each other.
times a year. The Board of Commissioners and/
or the Sharia Supervisory Board can determine In accordance with the Board of Commissioners
a minimum number of periodic meetings that is Charter, Invitations and Materials for the Board
greater than this provision according to needs of Commissioners' Meetings and Meetings of the
and agreements. Board of Commissioners together with the Board
of Directors have been delivered to all meeting
frequency and attendance of the Board of participants before the meeting is held. Decision
Commissioners at Board of Commissioners making at both Board of Commissioners Meetings
meeting and at Board of Commissioners with and at Board of Commissioners Meetings together
Board of Directors meeting in 2023 with the Board of Directors has been carried out on
During 2023, the Board of Commissioners has held the basis of deliberation to reach consensus.
meetings 15 (fifteen) times out of 6 (six) planned
meetings and 4 (four) meetings of the Board of There were no dissenting opinions on all meeting
Commissioners inviting the Board of Directors which decisions or on all agenda items for meetings of
are scheduled in accordance with the provisions for the Board of Commissioners and the Board of
implementing GCG for Sharia Commercial Banks Commissioners together with the Board of Directors
and the Guidelines and Rules of Procedure. Work of during 2023.
the Board of Commissioners.
In 2023, the provisions regarding the number of
Complementing the number of meetings, the meetings and attendance of members of the
Board of Commissioners has taken 8 (eight) Board of Commissioners at meetings of the Board
Circular resolutions in 2023, this is in accordance of Commissioners and meetings of the Board of
with the provisions of the BTPN Syariah Articles of Commissioners together with the Board of Directors
Association and the Board of Commissioners' Work have complied with applicable regulations.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Guidelines and Rules which regulate that the Board
of Commissioners can also take decisions that are Meeting of the Board of Commissioners with
legally valid and binding without holding a meeting the Head of Internal Audit of the Parent Entity
of the Board of Commissioners, provided that all In compliance with the Board of Commissioners'
serving members of the Board of Commissioners Work Guidelines and Rules, 1 (one) meeting of the
have been notified in writing and all serving Board of Commissioners together with the Head of
members of the Board of Commissioners have given Internal Audit of the Parent Entity PT Bank BTPN
their approval regarding the proposal submitted in Tbk was held without the presence of Management
writing by signing the agreement. Decisions taken with material to discuss the 2023 Internal Audit Plan
by the Board of Commissioners in this manner have including internal audit alignment, Key Strategic
the same legal force as decisions legally taken at a Initiatives and Projects related to Bank Business
meeting of the Board of Commissioners. Groups and communication lines between BTPN
Syariah and BTPN.
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good corporate governance
Realization of Frequency and Attendance Rate of the Board of Commissioners in
the Board of Commissioners Meetings and Joint Meetings between the Board of Commissioners
and Board of Directors in 2023
Number of Board Percentage of Number of Board of Commissioners Percentage of
Name of Member
of Commissioners Attendance Meeting with the Board of Attendance
of the Board of
Meeting from Total Commissioners from Total
Commissioners)
(Realization/Plan) Meetings (Realization/Plan) Meetings
Kemal Azis Stamboel 10/6 100% 5/4 100%
Mulya E Siregar** 8/8 100% 3/3 100%
Dewie Pelitawati 9/6 100% 5/4 100%
Ongki Wanadjati Dana 10/6 100% 5/4 100%
Yenny Lim* 2/3 67% 1/1 100%
* Yenny Lim's resignation as Member of the Board of Commissioners is effective from the closing of the Annual GMS held on April 12, 2023
** Appointment of Mulya Effendi Siregar as member of the Board of Commissioners effective April 17, 2023
Agenda for the 2023 Board of Commissioners Meeting
No Minutes of Meeting Number Date of Meeting Meeting Agenda
Request for Board of Commissioners Approval of
the Nomination and Remuneration Committee
1 MOM. 001/KOM/CSGC/II/2023 March 7, 2022
Recommendations for the new Independent
Commissioner Candidate.
1. Determination of remuneration as well as
facilities and benefits in 2023 for the Board of
Commissioners, Directors, Sharia Supervisory
2 MOM.003/KOM/CSGC/III/2023 March 9, 2023 Board and Independent Party Members of the Audit
Committee and Risk Oversight Committee
2. Proposed Deferred Bonus scheme (deferred variable
remuneration) for Material Risk Takers
1. Acceptance of the Board of Commissioners'
Evaluation Report on the Performance of Board of
Commissioners Level Committees (position Semester
1 2023)
3 MOM.006/KOM/CSGC/VI/2023 June 30, 2023
2. Reception of Report on Supervisory Visit of Members
of the Board of Commissioners and Members of
Committees at the same level as the Board of
Commissioners to Palembang 19-20 June 20233
1. Follow-up to the Board of Commissioners'
Recommendations at the Previous Meeting
4 MOM.007/KOM/CSGC/VII/2023 July 26, 2023
2. Compliance Director's Report to the Board of
Commissioners Semester I 2023
5 MOM.009/KOM/CSGC/XI/2023 September 6, 2023 Social Impact Measurement
6 MOM.010/KOM/CSGC/X/2023 October 2, 2023 New Business Exploration
Plan for Providing Deferred Variable Remuneration
Components (Deferred Bonus) to Material Risk Takers/
MRT (who at BTPN Syariah are Directors), both those
7 MOM.011/KOM/CSGC/X/2023 October 12, 2023
who are still active and those who are no longer active,
for performance in 2020, 2021, and 2022 in the form of
shares in the month January 2024.
1. Follow-up to the Board of Commissioners’
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Recommendations at the Previous Meeting;
2. Update from the Director of Compliance to the Board
8 MOM.012/KOM/CSGC/X/2023 October 25, 2023
of Commissioners regarding the Fulfillment of Duties
of the Corporate Governance Committee - Semester I
2023
Coordination Meeting with the Head of Internal Audit
9 MOM.014/KOM/CSGC/XII/2023 December 12, 2023 of the Parent Entity regarding the discussion of the
Internal Audit Function
Board of Commissioners Evaluation Report on the
10 S.002/KOM/CSGC/I/2024 January 21, 2024 Performance of Board of Commissioners Committees
Semester II 2023
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Agenda for Joint Meeting of the Board of Commissioners with the Board of Directors in 2023
No Minutes of Meeting Number Date of Meeting Meeting Agenda
1. Follow-up to the Board of Commissioners' recommendations
at the meeting on November 16, 2022
1 MOM. 002/KOM/CSGC/II/2023 February 8, 2023
2. Compliance Director's Report to the Board of
Commissioners Semester 2 2022
1. Follow-up to the Board of Commissioners'
Recommendations on February 8 2023
MOM.004/KOM/CSGC/IV/2023 2. Update from the Compliance Director to the Board of
2 April 18, 2023
Commissioners regarding the Fulfillment of the Duties of
the Corporate Governance Committee (Within the SMBC
and BTPN Financial Group) - Semester II 2022
1. Follow-up to the Board of Commissioners'
Recommendations from the Meeting on April 18 2023
2. Support Function Update as of May 31, 2023 (Operations
3 MOM.005/KOM/CSGC/VI/2023 June 22, 2023
and Information & Technology)
3. Request for Approval from the Board of Commissioners for
the 2023-2025 RBB Revision
1. Follow-up to the Board of Commissioners'
recommendations at the meeting on June 22 2023
4 MOM.007/KOM/CSGC/VII/2023 July 26, 2023
2. Compliance Director's Report to the Board of
Commissioners Semester 1 2023
Request for approval from the Board of Commissioners
for the proposed Bank Business Plan (RBB) for the period
5 MOM.013/KOM/CSGC/XI/2023 November 22, 2023 2024 – 2026 and Sustainable Financial Action Plan (RAKB)
for 2020 – 2024 (2024 Indicator Update) as well as Financial
Performance Update as of October 31, 2023
Realization of the Circular resolution of the Board of Commissioners in 2023
No Circular Number Date Regarding
Approval of the Board of Commissioners regarding the Plan
to Implement the Annual General Meeting of Shareholders of
1 No.001/CIR/DEKOM/II/2023 February 15, 2023
PT Bank BTPN Syariah Tbk for the Financial Year Ending 31
December 2023
Approval of the Board of Commissioners regarding the
appointment of a Public Accountant (AP) and/or Public
2 No.002/CIR/DEKOM/III/2023 March 17, 2023 Accounting Firm (KAP) to examine or audit the books of
PT Bank BTPN Syariah Tbk for the financial year ending on
December 31, 2023
Approval of the Board of Commissioners for the Proposed
Decision at the Annual General Meeting of Shareholders of
3 No.003/CIR/DEKOM/III/2022 March 17, 2023
PT Bank BTPN Syariah Tbk for the Financial Year Ending on
December 31, 2022
Acceptance of the Board of Commissioners on the Proposed
Changes to the Composition of the Board of Directors and
4 No.004/CIR/DEKOM/III/2023 March 27, 2023 Board of Commissioners at PT BTPN Syariah Ventura at the
Annual General Meeting of Shareholders of BTPNS Ventura
which will be held in 2023
Approval of the Board of Commissioners for the Proposed
Decision of the Annual General Meeting of Shareholders of
5 No.005/CIR/DEKOM/IV/2023 April 10, 2023
PT Bank BTPN Syariah Tbk for the Financial Year Ending 31
December 2022
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Approval of the Board of Commissioners for Changes in
the Composition of Members of the Audit Committee,
6 No.006/CIR/DEKOM/VII/2023 July 18, 2023
Nomination and Remuneration Committee and Risk Oversight
Committee for the period 2023-2026
Approval of the Board of Commissioners for the Change of
Public Accountant (AP) as Responsible Person for the Audit
7 No.007/CIR/DEKOM/IX/2023 September 12, 2023
of Annual Historical Financial Information at PT Bank BTPN
Syariah Tbk for the Financial Year Ending on December 31, 2023
Acceptance of the Board of Commissioners on the Proposed
Changes to the Composition of the Board of Directors and
8 No.008/CIR/DEKOM/IX/2023 September 21, 2023 Board of Commissioners at PT BTPN Syariah Ventura at the
Extraordinary General Meeting of Shareholders of BTPNS
Ventura held in 2023
Approval of the Board of Commissioners for the Board
9 No.009/CIR/DEKOM/XII/2023 December 28, 2023 of Commissioners' Meeting Agenda and Board of
Commissioners Committee Meeting Agenda for 2024
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good corporate governance
Board of Commissioners meeting schedule 1. Implementation of Good Corporate
for 2024 Governance in every Bank business as well
In accordance with the provisions of the BTPN 2. Supervision of the implementation of the duties
Syariah Articles of Association, the Board of and responsibilities of the Board of Directors.
Commissioners is obliged to hold regular Board of
Commissioners meetings at least 1 (one) time every performance assessment
2 (two) months and make a schedule regarding the 1. The Performance Assessment of Members of
Board of Commissioners Meetings for the following the Board of Commissioners is carried out by
books before the end of the current financial the President Commissioner every year based
year. The Articles of Association also stipulate on the duties and responsibilities of the Board
that at least 1 (one) time in 4 (four) months, the of Commissioners;
Board of Commissioners will hold a joint Board of 2. The results of the Performance Assessment
Commissioners Meeting with the Board of Directors of Members of the Board of Commissioners
in accordance with applicable regulations. are one of the considerations for the
Nomination and Remuneration Committee
The Board of Commissioners' Meeting Schedule in providing recommendations to the Board
and Agenda for 2024 were approved by the of Commissioners to reappoint members
Board of Commissioners before the financial of the Board of Commissioners, as well as
year ended through Board of Commissioners considerations for preparing the remuneration
Circular resolution No.009/CIR/DEKOM/XII/2023 structure for the Board of Commissioners;;
dated 28 December 2023 concerning Board 3. The performance of the Board of
of Commissioners Approval of the Board of Commissioners is reported to shareholders at
Commissioners Meeting Agenda and Committee the GMS, and stated in the Annual Report.
Meeting Agenda Board of Commissioners level
in 2024 and Memorandum Number M.001/KOM/ assessment of performance of Board of
CSGC/XII/2023 dated December 28, 2023. Commissioners Committee
During 2023, Committees at the level of the
performance assessment of the Board of Board of Commissioners have carried out their
Commissioners supervisory duties and responsibilities well in
The Performance Assessment of the Board of accordance with the provisions for implementing
Commissioners at BTPN Syariah is carried out good GCG for Sharia Commercial Banks and in
based on predetermined criteria by considering accordance with the Charter of each Committee.
duties and responsibilities in accordance with
applicable regulations, the Bank's Articles of The performance assessment of committees at
Association and the Bank's internal policies. the level of the Board of Commissioners is carried
out by each committee member's own assessment
Performance assessment is carried out by self- which is summarized quantitatively.
assessment every year to assess the performance
of the Board of Commissioners in a collegial In compliance with POJK 33/POJK.04/2014
manner. concerning Directors and Board of Commissioners
of Issuers or Public Companies article 28
The purpose of the Self-Assessment on paragraph (5) and POJK 17 of 2023 concerning the
the performance of members of the Board Implementation of Governance for Commercial
of Commissioners is to serve as a basis Banks article 63 paragraph (6) which states that
for consideration for the Nomination and the Board of Commissioners is obliged to carry
Remuneration Committee in providing out evaluation of the performance of committees
PT Bank BTPN Syariah Tbk | 2023 Annual Report
recommendations to the Board of Commissioners that help carry out their duties and responsibilities,
to re-appoint members of the Board of during 2023 Committees at the level of the Board
Commissioners and as a consideration for of Commissioners at BTPN Syariah have prepared
preparing the remuneration structure for the Board periodic reports which are submitted to the Board
of Commissioners and increasing the effectiveness of Commissioners. The report in question has been
of the performance of the Board of Commissioners. evaluated by the Board of Commissioners and
managed well by the Corporate Secretary.
criteria for implementing the performance
assessment of the Board of Commissioners Further explanation regarding the Committee
The assessment criteria for the individual Report at the level of the Board of Commissioners
performance of each member of the Board can be found in the Governance Implementation
of Commissioners (individual performance Section of this 2023 Annual Report.
assessment) at BTPN Syariah refers to various
considerations, including:
309
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implementation of the Board In carrying out its supervisory function over
of Commissioners duties and the Board of Directors regarding business
responsibilities 2023 management, operational activities and customer
In line with its commitment to implementing empowerment, the Board of Commissioners has
the guidelines and principles of Good Corporate directed, monitored and provided evaluations on
Governance, the Board of Commissioners the implementation of the Bank's strategic policies
considers that BTPN Syariah has played an active and provided recommendations and advice to the
role not only in realizing business, operational Board of Directors to ensure the implementation
and empowerment commitments on an ongoing of good governance principles and implementation
basis, but has gradually continued to improve of compliance. Sharia principles in BTPN Syariah
the quality of GCG implementation from time to will be implemented throughout 2023.
time, which ultimately conveying confidence that
BTPN Syariah is here to realize the aspirations of The Board of Commissioners assesses that the
all stakeholders, especially the inclusive poor and realization of the Bank's commitment has been
prosperous customer segments. carried out in a measurable manner in 2023,
guided by regulatory provisions, which are adjusted
With the declaration of endemic status in to the complexity of the Bank and the current
Indonesia in 2023, the Board of Commissioners situation, without reducing the Bank's efforts
continues its duties of strict supervision of to continue to innovate through the presence
the strategic policies adopted by the Board of of information technology to make it easier
Directors, not only to ensure the safety and to implement good corporate governance in
security of employees and customers as well as implementation. daily activities at all levels of the
the sustainability of the company, but also of the organization.
quality of the company's performance as a whole.
to maintain the trust of all stakeholders. Complementing its supervisory duties over
the fulfillment of GCG principles, the Board of
The Board of Commissioners appreciates the steps Commissioners has carried out supervision and
taken by Bank Management who have responsively review of the company's material controls covering
revised the business plan by adjusting financing the areas of operations, finance, compliance and
growth by focusing on providing financing to the Bank's risk management system.
customers who have the character of Courage
to Do Business, Discipline, Hard Work and In fulfilling its supervisory duties, the Board
Solidarity (BDKS), as well as streamlining costs of Commissioners is based on the Board of
and increasing provisions for impairment losses. Commissioners' Work Guidelines and Code
in responding to the challenges of developing of Ethics (Charter), which are prepared with
economic recovery in the inclusive segment which reference to provisions relating to Sharia
is running very slowly in early 2023. Commercial Banks, Implementation of Good
Corporate Governance for Sharia Commercial
The Board of Commissioners fully supports the Banks and Implementation of Governance
steps taken by Management in dealing with Guidelines for Public Companies and Commercial
endemic conditions where the Bank has continued Banks.
to provide empowerment and assistance to
customers and has made optimal efforts In fulfilling its supervisory duties and
to maintain optimism by building intensive responsibilities in accordance with the Charter, the
communication with customers. The Bank has Board of Commissioners has received adequate
also provided an appropriate rescue approach data and information from Management from
PT Bank BTPN Syariah Tbk | 2023 Annual Report
according to the needs of affected customers and time to time and in carrying out its duties
evaluated the adequacy of reserves from time to effectively the Board of Commissioners is assisted
time in accordance with risk appetite. by a Committee at the same level as the Board of
Commissioners that has been formed.
The steps taken by the Board of Directors to
ensure that there will be no reduction in employees The supervisory duties of the Board of
in 2023 deserves appreciation. Optimally, all Commissioners are carried out through
operational activities run according to Government periodic corporate meetings consisting of
recommendations, the process of empowerment Committee Meetings at the level of the Board
and assistance to ultra-micro customers in rural of Commissioners, Meetings of the Board of
areas continues to be carried out in accordance Commissioners with the Board of Directors,
with the Bank's vision and mission. Meetings of the Board of Commissioners with
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good corporate governance
the Head of Bank SKAI and Compliance without reporting and information disclosure, compliance,
the presence of Management, Meetings of the good corporate governance and implementation
Board of Commissioners with the Head of SKAI of sharia principles.
of the Parent Entity without the presence of
Management , Coordination Meetings of the
Board of Commissioners together with the Sharia Specifically, the fulfillment of the Board of
Supervisory Board as well as other coordination Commissioners' supervisory duties in 2023 includes
meetings attended by Independent Parties who aspects, including:
are members of Committees at the same level as
the Board of Commissioners. 1. Alignment of Mission and Vision
In line with the implementation of Good
In 2023, the Board of Commissioners, supported Corporate Governance Principles, the Board of
by a Committee at the same level as the Board Commissioners has reviewed the suitability of
of Commissioners, has ensured that the Board the Vision and Mission with the Bank's business
of Directors has implemented the principle of plans and initiatives every year.
prudence in the entire process of operational
activities, development of business plans and The alignment of the Bank's Mission and
strategic initiatives in business competition, Vision and Core Values is considered to remain
maturity of information technology and adequate relevant as stated in the Bank's Business Plan
information security systems, development of 2023-2025, 2024-2026 and RAKB 2020-2024
long term human resources quality, transparency (2024 Indicators) and has received approval at
presentation to ensure the Bank maintains the meeting of the Board of Commissioners
integrity in the presentation of financial reports, with the Board of Directors on November 22,
internal control and risk management systems, 2023.
Mission
Together, we create opportunities for growth and a more meaningful life.
Vision
To become the best Sharia Bank, for inclusive finance, changing the lives of millions of Indonesian people.
Core Values
PRISMA
2. Support to the Government, among others to the Directors' Policy to support the
1) In fulfillment of POJK.17.POJK.03/2021 Government by continuing the policy of
which is the Second Amendment to the providing financing relaxation to affected
Financial Services Authority Regulation customers through the Bank's participation
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Number 11/POJK.03/2020 concerning in the 2023 National Economic Selection
National Economic Stimulus as a Program, as stated in the Bank's Business
Countercyclical Policy on the Impact of the Plan;
Spread of the 2019 Coronavirus Disease, 2) In compliance with the Minister
and Financial Services Authority Regulation of Finance Regulation (PMK)
Number 48/POJK .03/2020 In 2020 Number 71/PMK.08/2020 of 2020
Amendments to Financial Services Authority concerning Procedures for Government
Regulation Number 11/POJK.03/2020 Guarantees through Appointed Guarantee
concerning National Economic Stimulus as Business Entities in the Context of
a Countercyclical Policy on the Impact of Implementing the National Economic
the Spread of CoronaVirus Disease 2019, Recovery Program T.E.U. Indonesia,
the Board of Commissioners gave approval
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Ministry of Finance and PMK Number 28/ 3. Review of Company Material Control, among
PMK.08/2022 Amendments to Regulation others
of the Minister of Finance Number 71/ The Board of Commissioners has conducted
PMK.08/2020 concerning Procedures a review of the company's material controls
for Government Guarantees through which include operational, financial,
Appointed Guarantee Business Entities in compliance and the Bank's risk management
the Context of Implementing the National system, supervision of financial performance
Economic Recovery Program, the Board of achievements, integrity of financial reports,
Commissioners has provided approval of internal control systems and non-financial
the Board of Directors' policy in approving achievements throughout 2023.
BTPN Syariah's participation in providing
financing for MSMEs during 2023, as That Financial Performance closed with good
stated in the Bank's Business Plan; results and business development shows a
3) The Board of Commissioners gave positive trend. Achievement of work results is
approval to the Board of Directors' policy marked by the realization of the business plan
to continue developing home renovation in most of the posts in accordance with the
products in collaboration with the Ministry targets that have been set.
of Public Works and Public Housing (PUPR)
in 2023, as stated in the Bank's Business 4. Fulfillment of Commitments to Shareholders,
Plan; among others
4) The Board of Commissioners supports the a. The Board of Commissioners has
Bank's efforts through the Daya Digital submitted an accountability report to
Platform, a platform to increase customer Shareholders at the Annual General
engagement and at the discretion of Meeting of Shareholders on April 12 2023;
the Board of Directors to continue b. The Board of Commissioners gave
collaboration with universities and the approval to follow up on the Extraordinary
Government in the Independent Campus GMS Resolution held in 2019 by
Learning Program (MBKM). The bank opens transferring the third treasury shares to
opportunities for students to play a role Material Risk Takers with a distribution
in providing empowerment through one- date of January 25, 2023;
on-one assistance to financing customers. c. The Board of Commissioners has ensured
The purpose of this assistance is intended supervision over the fulfillment of the
to grow the ability of customers and their duties and responsibilities of the Board
families to have a better life so as to of Directors in managing the company,
create a sustainable relationship between including fulfilling obligations to
customers and the Bank; Regulators through Information Disclosure
5) The Board of Commissioners supports regarding the presentation of the Annual
the Government's direction regarding Report, Sustainability Report for the
work health and safety protocols during 2022 financial year, Interim Financial
the pandemic in early 2023, where the Report, Annual and Consolidated Financial
Board of Directors has implemented a Reports through the reporting system and
comprehensive supervision policy for all to public through national newspapers and
employees regarding work mechanisms available on the Bank Website as required
that prioritize work safety at all levels of for a public company in 2023;
the organization in a coordinated manner d. The Board of Commissioners has given
through Business Continuity Management approval for the follow-up to the decision
PT Bank BTPN Syariah Tbk | 2023 Annual Report
assisted by Safety and Security Unit, until of the Annual GMS regarding the
the endemic status is declared at the end appointment of Public Accountants and
of June 2023. Public Accounting Firm Sidharta Widjaja
and Rekan (an Indonesian partnership
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good corporate governance
and member firm of KPMG network of as well as commitment to monitoring
independent members affiliated with the realization of the Bank's Sustainable
KPMG International Cooperative as Financial Action Plan together with the
External Auditors), taking into account the Board of Directors every year;
recommendations of the Audit Committee. • Corporate Plan and Revised Corporate
Plan 2022-2031;
That the Bank has submitted the Report • Update on the 2023 Board of
on the Appointment of Public Accountants Commissioners Charter;
and Public Accounting Firms for the Audit • Changes to the Composition
of Annual Historical Financial Information of Committees at the Board of
on December 31, 2023 to the Sharia Banking Commissioners level in 2023;
Supervisory Financial Services Authority • Annual Work Plans of Committees at
with a copy to the Banking Licensing and the level of the Board of Commissioners,
Information Department; including the 2023 Annual Audit Plan
submitted at the end of 2022 and the
5. Implementation of Good Corporate Governance 2024 Work Plan submitted at the end of
Principles, among others 2023;
a. The Board of Commissioners has • Following up on the decision taken at
supervised the implementation of good the 2019 Extraordinary GMS regarding
corporate governance at BTPN Syariah. the Transfer of Some Treasury Shares
in early 2023 in order to provide variable
Following more than a decade of remuneration to members of the
implementing GCG principles at BTPN Board of Directors for the Company's
Syariah, the implementation of GCG Performance
principles is accompanied by quality
improvements by adopting the latest c. The Board of Commissioners conducted a
ASEAN SCORECARDS which were published study on strengthening the Bank's Organ
in 2023 and gradually continue to improve Infrastructure and gave approval to:
the quality over time. In particular, the a) Board of Commissioners Work Guidelines
factors that have improved in the last three and Regulations for 2023;
years are the Bank's increasingly focused b) Performance of Committees at the
focus on shareholder rights, disclosure and Board of Commissioners level in 2023;
transparency as well as the responsibilities c) Nomination Process for Candidates
of the Board of Directors and Board of for New Members of the Board of
Commissioners. In addition, the Bank Commissioners in 2023;
continues to strive to maintain good values d) Changes in the Composition of
for equal treatment of shareholders and Committee Members at the Board of
optimal role of stakeholders. Commissioners level in 2023
b. Business Plan, Sustainable Financial
Action Plan and Follow-up to GMS d. In an effort to improve the quality
Decisions of the implementation of the duties
The Board of Commissioners reviews and responsibilities of the Board of
and approves the Board of Directors' Commissioners, during 2023, the Board of
proposals for: Commissioners has given approval for the
• Annual Report for the 2022 financial implementation of the implementation
year; of supervisory duties, the mechanism for
PT Bank BTPN Syariah Tbk | 2023 Annual Report
• Sustainability Report for the 2022 implementing corporate meetings of the
financial year; Board of Commissioners and meetings of
• Bank Business Plan (RBB) and RBB the Board of Commissioners with the Board
Revision for the 2024-2026 Period as of Directors as well as committee meetings
well as commitment to monitoring the at the level of the Board of Commissioners
realization of the RBB in periodic reports guided by the provisions for implementing
to the OJK; the governance good management and
• Sustainable Financial Action Plan (RAKB) timely fulfillment of evaluation reporting by
2020-2024 (2024 Indicators) the Board of Commissioners;
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policies and good and measurable
6. Supervision of Subsidiary, among others remuneration at the Bank, availability of
The Board of Commissioners supervises the capable information technology tools to
Bank's compliance with the fulfillment of GCG support the implementation of the Bank's
principles and Sharia Principles in Subsidiaries, target completion process in creating a
implementation of good Risk Management, digital ecosystem for the unbanked.
monitoring of Financial and Non-Financial
Performance, quality sharia services, as well Committees at the level of the Board of
as supervision of members of the Board of Commissioners have also assisted the
Directors and Bank Management who carry out Board of Commissioners in monitoring that
supervisory duties. to the Subsidiary, PT BTPN Management has followed up on every audit
Syariah Ventura in 2023; finding and recommendation from the OJK
and external auditors and supervised their
7. Fulfillment of Commitments on the completion;
Implementation of Banking Synergies,
among others b. The Board of Commissioners together
The Board of Commissioners supervises the with members of Committees at the
fulfillment of duties and responsibilities within same level as the Board of Commissioners
the Financial Group with PT Bank BTPN Tbk, provide direction and supervision regarding
including receiving the latest information the implementation of business plans
through the function of the Corporate and implementation of good governance
Governance Committee regarding the through visits to branch offices, functional
implementation of banking synergy in 2023. offices, guesthouses, centers and customers.
To complete the supervision of the visit,
The Corporate Governance Committee is the Board of Commissioners submits a
tasked with monitoring to ensure that internal Visit Evaluation Report accompanied by
and integrated controls are implemented recommendations and input to the Board of
within the financial group in a prudent and Directors;
transparent manner, fulfilling the principles
of governance as a Conventional Commercial c. In providing the best service for financing
Bank, Sharia Commercial Bank and as a Public and funding customers, the Board of
Company. Commissioners recommends that the
Board of Directors continue to make
Further explanation regarding the Corporate improvements to the Bank's internal
Governance Committee can be found in the policies and procedures in supporting the
Report of the Committee at the level of the Bank's business activities, including Internet
Board of Commissioners in the Corporate Banking and Mobile Banking Service policies
Governance Report Chapter in this 2023 Annual for funding customers whose licenses will
Report be obtained in 2022 as well as various
development program policies for financing
8. Compliance with Sharia Principles customers;
In carrying out its supervisory duties, the Board
of Commissioners periodically coordinates d. The Board of Commissioners evaluates the
with the Sharia Supervisory Board to align Bank's compliance function, the monitoring
strategic supervision in accordance with Sharia of which is carried out periodically and
Principles. submitted to the President Director
PT Bank BTPN Syariah Tbk | 2023 Annual Report
with a copy to the Compliance Director.
9. Directions and Recommendations of the Board Throughout 2023, the Compliance culture
of Commissioners, among others was well implemented, as reflected in
a. The Board of Commissioners, assisted by the fulfillment of the prudential ratio
a Board of Commissioners Committee, (prudential ratio) which is well maintained,
has formulated, reviewed and provided there are no significant fines from the
advice on good internal control measures, regulator, and all compliance risk profile
monitoring the Bank's risks, ensuring the parameters show positive values, and the
availability of human resources who are not Bank understands the importance of paying
only physically strong and tough as well as attention on new activities;
ensuring the implementation of nomination
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good corporate governance
e. In terms of strengthening human capital, Indonesia. By granting approval to the
the Board of Commissioners provides Board of Directors' policies, the Board
advice to ensure that the Board of Directors of Commissioners agreed to support
carries out long-term development of the Government in realizing sustainable
the quality of human resources, honing development that is able to maintain
internal talents, and in terms of presenting economic stability and is inclusive and
transparency, the Board of Commissioners prioritizes harmony between economic,
has ensured that the Board of Directors social and environmental aspects, as stated
maintains the integrity of the presentation in the Sustainable Finance Action Plan;
of financial reports and the internal control
system. and risk management, reporting b. The Board of Commissioners has reviewed
and information disclosure, compliance, and approved the Sustainable Financial
corporate governance, as well as providing Action Plan for the 2020-2024 Period to the
recommendations to the Board of Directors OJK;
regarding policy steps deemed necessary
to be taken while still paying attention to c. The Board of Commissioners has given
applicable legal provisions. approval for the implementation of
sustainable initiatives assessed from
10. Implementation of Sustainable Finance, environmental, social, economic and
among others governance aspects as stated in the 2022
a. The Board of Commissioners supports the financial year Sustainability Report which
implementation of sustainable finance in was submitted to stakeholders in 2023;
line with POJK Number 51/POJK.03/2017
and POJK 17 of 2023 concerning the d. The Board of Commissioners together with
Implementation of Governance for the Board of Directors have communicated
Commercial Banks in the context of the implementation of the 2023 RAKB
implementing sustainable financial actions initiatives to Shareholders at the Annual
to make a real and positive contribution General Meeting of Shareholders in 2023.
to the stability of the financial system in
The Board of Commissioners has received power and authority from Shareholders through the General Meeting of
Shareholders and has followed up on the said Decision in 2023, including:
1. Implementation of the Appointment of Public Accountants and Public Accounting Firm Sidharta Widjaja and
Rekan (an Indonesian partnership and member firm of KPMG network of independent members affiliated with
KPMG International Cooperative) as External Auditors to examine or audit the books and records of BTPN Syariah
for the financial year ending on December 31, 2023 as well as determining the amount of honorarium and other
conditions regarding appointing the Public Accountant and Public Accounting Firm by taking into account the
recommendations of the BTPN Syariah Audit Committee;
2. Implementation of determining Remuneration for members of the Board of Directors and members of the Sharia
Supervisory Board in 2023 through the Nomination and Remuneration Committee Meeting, as well as determining
the distribution among members of the Board of Directors and members of the Sharia Supervisory Board with the
provisions that in determining the total amount and distribution of Remuneration for members of the Board of
Directors and members of the Sharia Supervisory Board, the Board of Commissioners has taken into account the
recommendations of the Bank's Nomination and Remuneration Committee.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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PT Bank BTPN Syariah Tbk | 2023 Annual Report 316
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good corporate governance
Sharia
SUPERVISORY BOARD
Referring to Sharia Banking Law Number 21 of 9. DPS is obliged to submit a DPS Supervision
2008, POJK No. 16/POJK.03/2022 concerning Results Report on a semi-annual basis to OJK
Sharia Commercial Banks and PBI No.11/33/ and DSN-MUI no later than 2 (two) months
PBI/2009 concerning the Implementation of Good after the semester period in question ends;
Corporate Governance for Sharia Commercial 10. In carrying out its duties and responsibilities,
Banks and Sharia Business Units, the Sharia DPS also coordinates with the Board of
Supervisory Board (DPS) is the board tasked with Commissioners and Directors;
providing advice and suggestions to the Board of 11. DPS is obliged to provide sufficient time
Directors and supervise the Bank's activities so that to carry out its duties and responsibilities
they comply with sharia principles. optimally.
Members of the Sharia Supervisory Board are Throughout 2023, DPS has provided a Sharia
appointed and ratified through the General Opinion on Bank products and services through
Meeting of Shareholders on the recommendation DPS meetings held regularly every month. DPS has
of the National Sharia Council-Indonesian Ulema requested an explanation from each Bank official
Council, and are required to fulfill fit and proper test in the relevant work unit and conducted a review
requirements. of the suitability of sharia principles for DSN-MUI.
duties and responsibilities of the Sharia DPS has carried out supervisory functions
Supervisory Board assisted by the Compliance Division by conducting
The duties and responsibilities of DPS based on supervision and visits to Branch Offices
the latest Charter Number 012/PedomanKerja/ periodically throughout 2023 to ensure that the
COMP/III/2023 dated March 20, 2023 are as implementation of fund collection activities,
follows: distribution of funds and Bank services at Branch
1. Carry out duties and responsibilities in Offices is in accordance with sharia principles.
accordance with the principles of good
corporate governance; Sharia Supervisory Board work guidelines
2. Providing advice and suggestions to the and regulations
Board of Directors and supervising the Bank's In carrying out their duties and responsibilities,
activities so that they comply with Sharia DPS Members always refer to the DPS Work
Principles; Guidelines and Code of Conduct which are
3. Assess and ensure compliance with Sharia regularly updated and refined by taking into
Principles for operational guidelines and account applicable regulations.
products/services issued by the Bank;
4. Supervise the Bank's new product The latest DPS Charter refer to Charter Number
development process to comply with the 012/PedomanKerja/COMP/III/2023 dated
fatwa of the National Sharia Council (DSN) – March 20, 2023.
Indonesian Ulema Council (MUI);
5. Request a fatwa from DSN – MUI for new The DPS Charter regulate:
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Bank products for which there is no fatwa; 1. Basic Terms;
6. Conduct regular reviews on the fulfillment 2. Organization;
of Sharia Principles on the mechanisms for 3. DPS Membership Requirements;
collecting funds and channeling funds as well 4. Duties and responsibilities;
as Bank services; 5. DPS Task Support Organs;
7. Providing socialization of sharia principles 6. Decision Making Process (Meetings and Circular
to employees to increase employee resolutions);
understanding of sharia principles. 7. Transparency/Openness;
8. Request data and information related to 8. Work Ethics;
sharia aspects through the Compliance Work 9. Conflict of Interest;
Unit in the context of carrying out their 10. Access to Information;
duties; 11. Etc.
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composition and criteria for members of proper test in accordance with the provisions
the Sharia Supervisory Board of the Financial Services Authority (OJK)
The DPS is appointed by the General Meeting regarding the fit and proper test ("Fit &
of Shareholders and the position of the DPS is Proper Test") which has previously received
equivalent to that of the Board of Commissioners. a recommendation from the National Sharia
DPS is obliged to report the implementation of its Council - Indonesian Ulema Council;
duties and responsibilities to OJK and DSN-MUI 5. The maximum term of office of a DPS
every 6 (six) months in the form of a report on the member is the same as the term of office of a
results of DPS supervision. member of the Board of Directors or Board of
Commissioners;
The DPS organization is structured by considering 6. The DPS term of office ends in the event of:
an effective and efficient decision-making process. a. Resignation; or
b. Deceased; or
The composition and criteria for DPS members c. Dismissed based on the GMS; or
based on the latest BTPN Syariah Work Guidelines d. No longer meeting applicable statutory
and Regulations are as follows: requirements
1. The number of members of the Sharia 7. DPS members can only hold concurrent
Supervisory Board is at least 2 (two) people positions as DPS members at a maximum of 4
and a maximum of 50% (fifty percent) of the (four) other sharia financial institutions.
total number of Bank Directors;
2. The DPS is led by a Chairman appointed from All DPS members are subject to the Code of Ethics
one of the DPS members; and other related provisions.
3. Every proposal for replacement and/or
appointment of DPS members by the Board of The DPS Chairperson is responsible for
Commissioners to the GMS takes into account coordinating the implementation of DPS duties
the recommendations from the Nomination and ensuring that DPS members obtain the
and Remuneration Committee; information they need to be able to carry out their
4. Each member of the DPS must fulfill the duties and responsibilities.
requirements of having passed a fit and
composition of Sharia Supervisory Board Members
Composition of BTPN Syariah DPS Members per December 31, 2023
No Name Position Effective Date
1 H. Ikhwan Abidin, MA DPS Chairman June, 13 2017
2 H. Muhamad Faiz, MA DPS Members May, 2 2027
All BTPN Syariah DPS members have fulfilled the requirements as DPS members in accordance with
the provisions, namely the Financial Services Authority Regulations concerning Fit and Proper Tests for
Main Parties of Financial Services Institutions, concerning Sharia Commercial Banks, and Bank Indonesia
Regulations concerning the Implementation of Good Corporate Governance for Sharia Commercial Banks
and Sharia Business Unit.
independence of the Sharia Supervisory Board
As of 31 December 2023, all BTPN Syariah DPS members have fulfilled the independence requirements
PT Bank BTPN Syariah Tbk | 2023 Annual Report
as proven by having no financial, management, share ownership and/or family relationships with other
members of the Sharia Supervisory Board, Board of Commissioners, members of the Board of Directors
and/or Holders. Controlling Shares or other relationships that could naturally affect his ability to act
independently.
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good corporate governance
diversity of the Sharia Supervisory Board
All DPS members at BTPN Syariah are appointed by the General Meeting of Shareholders taking into
account recommendations from the DSN-MUI and the Nomination and Remuneration Committee and
have fulfilled the requirements for passing the Fit and Proper Test from the Financial Services Authority.
Determination of DPS composition is carried out by considering the complexity and needs of the Bank.
The composition of DPS is based on knowledge of sharia banking, expertise, professional experience,
background to support the implementation of DPS duties.
Currently there are 2 (two) DPS members at BTPN Syariah, and one of the members has been appointed
as Chair of the DPS.
All BTPN Syariah DPS members have fulfilled the number, composition, criteria and independence in
accordance with applicable regulations.
realization of independence aspects of Sharia Supervisory Board members
Sharia Supervisory Board
Independence Aspect
H. Ikhwan Abidin, MA H. Muhamad Faiz, MA
Does not own shares, either directly or indirectly
√ √
directly of the Bank
Has no direct or indirect business relationships related to the
√ √
Bank's business activities
Does not hold concurrent positions as Directors or Executive
√ √
Officers who carry out supervisory functions
Have no family relationship up to the second degree with fellow
members of the Board of Commissioners and/or Directors and/or √ √
Controlling Shareholders or relationship with the bank
characteristics of diversity of Sharia Supervisory Board Members
No Diversity Aspect Realization
1 Nationality Indonesian
Sharia Sector
2 Education
Field of Islamic Economics
a. Sharia Supervisory Board Certification, Sharia Banking level I
b. Sharia Supervisory Board Certification, Sharia Banking level II.
3 Certifications
c. Certification of the Sharia Supervisory Board of Financing Companies organized
by the National Sharia Council – Indonesian Ulema Council (DSN MUI)
1. Postgraduate Lecturer at the Institute of Al Qur'an Sciences (IIQ)
2. Board of Directors expert staff for the sharia sector at LPPI
3. Sharia Economic Expert
4. As Chairman and Member of the Sharia Supervisory Board in National Banking,
4 Work Experience Securities Companies, Financing Companies, Asset Management
5. Deputy Secretary of the Fatwa Committee of the Indonesian Ulema Council
6. Deputy Chair of the PBNU Bahtsul Masail Institute
7. Deputy Caretaker of the Darul Rohman Islamic Boarding School
8. Plenary Member at the National Sharia Council, Indonesian Ulema Council
PT Bank BTPN Syariah Tbk | 2023 Annual Report
5 Gender 2 Males
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disclosure of concurrent positions of the Sharia Supervisory Board
as of December 31, 2023
Name Position Company Name Year
DPS Chairman Bank Syariah Bukopin 2000 -now
Postgraduate
Institute of Al-Quran Sciences 2007-now
Lecturer
H. Ikhwan Abidin, MA
DPS Chairman PT Bahana Arta Ventura 2008-now
DPS Chairman PT Radana Bhaskara Finance Tbk 2013-now
DPS Member PT Asanusa Asset Management 2014-now
DPS Chairman Sharia Business Unit of PT Bank Permata Tbk 2008-now
Deputy
PP Darul Rohman 2008-now
Caretaker
Vice Secretary MUI Fatwa Commission 2010-now
DPS Chairman PT IMFI Syariah 2012-now
H. Muhamad Faiz, MA Vice Chairman PBNU Bahtsul Masail Institute 2015-now
Plenary Member DSN MUI 2020-2025
Sharia Chief PBNU 2022-2027
Chairman MUI DKI Jakarta 2023-2028
Sharia Business Unit of PT Bank Tabungan
DPS Member 2023-now
Negara (Persero) Tbk
In connection with the disclosure of concurrent positions, BTPN Syariah's concurrent DPS positions have
taken into account the Financial Services Authority Regulation Number 16/POJK.03/2022 concerning
Sharia Commercial Banks which regulates that DPS members can only hold concurrent positions as DPS
members in a maximum of 4 (four) institutions. other sharia finance.
All DPS members have carried out openness and disclosure of relationships and management based on
the provisions.
Sharia Supervisory Board share ownership disclosure as of December 31, 2023
Disclosure of BTPN Syariah share ownership by members of the Sharia Supervisory Board as of December
31, 2023 is as follows:
Share Ownership
Name Position Total Shares
Percentage
H. Ikhwan Abidin, MA Chairman of the Sharia Supervisory Board 0,00% 0
H. Muhamad Faiz, MA Member of the Sharia Supervisory Board 0,00% 0
PT Bank BTPN Syariah Tbk | 2023 Annual Report
term of office of members of the Sharia Supervisory Board
As regulated in the BTPN Syariah Articles of Association, members of the Sharia Supervisory Board are
appointed by the General Meeting of Shareholders for a period of three years, and can be reappointed
orientation
The President Director is tasked with ensuring that all newly appointed DPS members receive the
necessary information regarding the Bank to be able to carry out their duties and obligations. The
Compliance Director and Corporate Secretary is tasked with providing the necessary information.
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good corporate governance
In 2023, no new DPS member participated in the orientation.
The Board of Directors has ensured the provision of adequate information to all DPS members regarding
the condition of BTPN Syariah during 2023. The Compliance Division is a Division in BTPN Syariah which
is mandated to periodically coordinate and bridge the needs of the Division with the Sharia Supervisory
Board regarding the implementation of the Compliance Function towards sharia principles.
In order to support the implementation of DPS duties and responsibilities, all DPS members will attend
strategic seminars during 2023, namely:
1. Pre-Ijtima' Sanawi Workshop (Annual Meeting) of the Sharia Supervisory Board for Sharia Banking on
September 4 2023.
2. Ijtima' Sanawi (Annual Meeting) of the Sharia Supervisory Board on 13-14 October 2023.
report on the implementation of duties and responsibilities of the Sharia Supervisory
Board for 2023
Throughout 2023, all DPS members at BTPN Syariah have carried out supervisory duties in providing
advice and suggestions to the Board of Directors as expressed through DPS Opinions and Approvals.
Opinions and Approvals of the Sharia Supervisory Board in 2023
No. Number DPS Opinion & Approval in 2023
1. 154/DPS/ODP/I/2023 Ujroh Tiering for Mitra Tepat Working Capital Financing
2 155/DPS/ODP/I/2023 OJK findings related to Sharia Principles of Financing
3 156/DPS/ODP/II/2023 Payment Services Using QRIS in Mobile Banking
4 157/DPS/ODP/II/2023 Financing for non-Muslim customers for religious goods businesses.
5 158/DPS/ODP/II/2023 Basic Sharia Banking Training Materials for CO
6 159/DPS/ODP/III/2023 Updates to DPS Work Guidelines and Rules
7 160/DPS/ODP/III/2023 Update on Corporate Governance Policy Version 5.1
8 161/DPS/ODP/IV/2023 Banking Synergy between PT Bank BTPN Syariah Tbk and PT Bank BTPN Tbk
9 162/DPS/ODP/VI/2023 Product Deposito On Call (DOC)
10 163/DPS/ODP/VI/2023 Changes to the Tepat Tabungan Rencana Product Agreement
Submission of Wow Syariah Closing GL Fund Balances to become Social
11 164/DPS/ODP/VI/2023
Funds/ TBDSP.
12 165/DPS/ODP/VI/2023 Financing Policy Update
13 166/DPS/ODP/VI/2023 Male Group Financing Product Development Plan
14 167/DPS/ODP/VII/2023 Murabahah Price Determination
15 168/DPS/ODP/X/2023 BTPNS Banking Synergy with BTPNS Ventura
PT Bank BTPN Syariah Tbk | 2023 Annual Report
PKS Synergy between BTPNS Syariah and BTPNS - Data Exchange on
16 169/DPS/ODP/XI/2023
Implementation of Anti Fraud, APU PPT and PPPSPM
17 170/DPS/ODP/XI/2023 Tepat Financing MT version 2.0 update
Repayment Program for Financing for Deceased Customers & Compensation
18 171/DPS/ODP/XII/2023
for Spouses of Deceased Customers
19 172/DPS/ODP/XII/2023 Tepat Deposito PP Update
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No. Number DPS Opinion & Approval in 2023
20 173/DPS/ODP/XII/2023 Insurance Program Update for TTR Mudharabah Agreement Customers
sharia supervisory board meetings in 2023
In accordance with the provisions of the BTPN Syariah Articles of Association and the DPS Work
Guidelines and Rules, the DPS is required to hold regular meetings at least 1 (one) time in 1 (one) month.
DPS meeting decisions are made based on deliberation and consensus.
DPS also holds joint meetings with the Board of Commissioners when necessary to discuss various topics
related to the implementation of sharia principles in the Bank.
The 2023 Sharia Supervisory Board Meeting Schedule and Agenda were approved by the Sharia
Supervisory Board.
Throughout 2023, DPS has held meetings 12 (twelve) times out of a total of 12 planned meetings and
issued 1 (one) Circular resolution of the Sharia Supervisory Board during 2023 in accordance with the
provisions for implementing GCG for Sharia Commercial Banks with a combination of face-to-face and
online attendance (video conference media) for the presence of each member.
DPS attended 2 (two) coordination meetings with the Board of Commissioners/Directors in 2023.
realization of the number of meetings and attendance of sharia supervisory board
members at the 2023 sharia supervisory board meeting
Name of Sharia Supervisory Total Sharia Supervisory Board Meetings
Percentage of Attendance
Board Member (Meeting Realization/Plan)
H. Ikhwan Abidin, MA 12/12 100%
H. Muhamad Faiz, MA 12/12 100%
In accordance with the DPS Work Guidelines and Rules regarding Sharia Supervisory Board Meetings,
throughout 2023, the number and frequency of DPS meetings have met the provisions.
agenda for the 2023 Sharia Supervisory Board Meeting
Minutes of Meeting
No. Meeting Date Meeting Agenda
Number
1. Request for DPS Opinion on Tiering Ujroh Mitra Tepat
Working Capital Financing
2. Request for DPS Opinion – OJK Findings regarding Sharia
Financing Principles
PT Bank BTPN Syariah Tbk | 2023 Annual Report
1 No. 01/DPS/RR/I/2023 January 18, 2023 3. Submission of the 2022 DPS Semester 2 Supervision
Results Report
4. Submission of DPS Visit Plan for 2023
5. Updating information on Internal Audit Supervision
Activities
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good corporate governance
Minutes of Meeting
No. Meeting Date Meeting Agenda
Number
1. Request for DPS Opinion regarding QRIS Services in
M-Banking
2. Updated Information on Submission of Supervision
Results of DPS KC Bandung & KFO Mataram
2 No. 02/DPS/RR/II/2023 February 27, 2023
3. Request for DPS Opinion regarding Financing of Non-
Muslim Customers for Business of Worship Products.
4. Request for DPS Opinion regarding Sharia Banking
Materials for CO
1. Request for DPS Opinion regarding Extension of PKS –
Bank Sharia Services (LSB)
2. Request for DPS Opinion regarding the Bundling Prize
No. 03/DPS/RR/III/2023 Program for Precise Savings Plan & Appropriate Platinum
3 March 20, 2023
Savings Products
3. Request for DPS Opinion regarding Renewal of DPS Work
Guidelines and Rules
4. Request for DPS Opinion regarding GCG Policy Updates
1. Request for DPS Opinion regarding the BTPNS – BTPN
No. 04/DPS/RR/IV/2023 Banking Synergy Joint Agreement
4 April 12, 2023
2. Request for DPS Opinion regarding the 2023 Compliance
Initiative
1. Update on Submission of Q1 2023 Financial
5 No. 05/DPS/RR/V/2023 May 16, 2023
2. Report Submission of Visit Plans to Solo and Makassar
1. Request for DPS Opinion regarding Financing Policy
Updates
2. Request for DPS Opinion on Submission of Wow Syariah
Closing GL Balances to Become Social Funds/TBDSP
3. Request for Initial DPS Opinion for On Call Deposit
6 No. 06/DPS/RR/VI/2023 June 26, 2023
Products
4. Request for DPS Opinion regarding Changes to the
Product Agreement for Savings Plan Products
5. Request for Initial DPS Opinion on Male Group Financing
Product Development Plan
1. Submission of Q2 2023 Social Fund Distribution Report
2. Request for DPS Opinion on Murabahah Price
Determination
3. Updated information regarding Internal Audit Supervision
No. 07/DPS/RR/VII/2023 July 20, 2023 Activities Semester I 2023
7
4. Submission of DPS Supervision Results Report for
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Semester I 2023
5. Submission of Update on Securities Buying and Selling
System Development
1. Updated Financial Report Information for July 2023
Continued
8 No. 08/DPS/RR/VIII/2023 August 24, 2023 2. Discussion on Appropriate Product Development Plans
for Group Sharia Financing - Monthly (TPSB)
3. Determination of the Next DPS Pick Test Visit
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Minutes of Meeting
No. Meeting Date Meeting Agenda
Number
1. Updated Financial Report Information for August 2023
9 No. 09/DPS/RR/IX/2023 September 14, 2023 2. Update on the Sharia Financing Question and Answer
Book (Shariah FAQ)
1. Request for DPS Opinion regarding PKS Addendum
10 No. 10/DPS/RR/X/2023 October 24, 2023 Synergy between BTPNS Syariah and BTPNS Ventura
2. Update on Q3 2023 Social Funds Report
1. Request for DPS Opinion regarding BTPNS Syariah
Synergy PKS with BTPN – Exchange of Data on APU PPT
& P3SPM
11 No. 11/DPS/RR/XI/2023 November 22, 2023
2. Implementation PP Tepat Update on MT Financing
3. Update on MT Financing Visit Results – Qardh Liquidity
4. Updated OJK Murabahah Financing Guidelines 2023
1. Repayment Program for Financing for Deceased
Customers & Compensation for Spouses of Deceased
Customers
2. Update Internal Audit Plan Information 2024
12 No. 12/DPS/RR/XII/2023 December 14, 2023 3. Update PP Tepat Deposit
4. Update Insurance Program Update for TTR Mudharabah
customers Agreement
5. Discussion of the 2024 DPS Work Program
6. Update on OJK Findings Regarding Sharia Principles
realization of the circular resolution of the Sharia Supervisory Board in
2023
No Circular Number Date Regarding
DPS Opinion Update on Individual Tepat Sharia
1 04/CIR/DPS/ODP/V/2023 May 11, 2023
Financing
Sharia Supervisory Board performance assessment
procedures for implementing the performance assessment of the Sharia Supervisory
Board
DPS Performance Assessment at BTPN Syariah is carried out based on predetermined criteria
taking into account duties and responsibilities in accordance with applicable regulations, the
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Bank's Articles of Association and the Bank's internal policies.
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good corporate governance
DPS Performance Assessment is carried out by self-assessment every year to assess DPS
performance in a collegial manner.
The purpose of the Self-Assessment on the performance of DPS members is to provide
recommendations to the Board of Commissioners to reappoint DPS members as well as
consideration for developing the DPS remuneration structure and increasing the effectiveness
of DPS performance.
criteria for implementing the performance assessment of the Sharia Supervisory
Board
The assessment criteria for the individual performance of each DPS member (individual
performance assessment) at BTPN Syariah refers to various considerations, including
1. Supervision of the implementation of the duties and responsibilities of the Board of
Directors in accordance with Sharia Principles and;
2. Good Corporate Governance in every Bank business.
implementation of sharia principles in fund collection and fund distribution
activities as well as bank services
The implementation of fund collection and distribution activities, services and new product
development of BTPN Syariah has generally been carried out in accordance with sharia
principles as stated in the DPS Supervision Results Report which has been submitted to
the OJK on a semi-annual basis.
In order to ensure compliance with sharia principles in the implementation of Bank
operational activities, all DPS members carry out supervision and visit Branch Offices
periodically to ensure that the implementation of Bank operational activities in Branch
Offices or work units is carried out in accordance with sharia principles.
Throughout 2023, DPS has carried out direct and online visits covering KC and MMS
Bandung Region (West Java 4), KFO and MMS Mataram Region, KFO Sidorejo and MMS
Solo Raya Region (Central Java 8), KC and MMS Makassar Region, KC and MMS Aceh,
MMS Madura Region and MK Mitra Right Financing Activities – Qardh Liquidity.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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PT Bank BTPN Syariah Tbk | 2023 Annual Report 326
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good corporate governance
The Board of Commissioners
COMMITTEES
audit committee 1. The independence of BTPN Syariah's Audit
BTPN Syariah has met the regulations of Bank Committee has been maintained, consistently
Indonesia Number 11/33/PBI/2009 regarding the adhering to the ethical codes established by the
Implementation of Good Corporate Governance issuer or public company and other applicable
for Sharia Commercial Banks and Sharia Business regulations throughout the year 2023.
Units concerning the establishment of the Audit
Committee. The appointment of Independent 2. All members of the Audit Committee have
Commissioners to the Audit Committee has met the independence criteria and have
considered POJK 33/POJK.04/2014 regarding the demonstrated the ability to perform their
Board of Directors and Board of Commissioners duties independently during the year 2023.
of Issuers or Public Companies, in conjunction
with POJK 17 of 2023 dated September 14, 2023, These are reflected in the current membership,
regarding the Implementation of Governance for which adheres to criteria, including:
Commercial Banks. a. Independent Commissioners who are
members of the Board of Commissioners
The Audit Committee at BTPN Syariah is and do not have financial, managerial, share
appointed and dismissed by the Board of ownership, and/or family relationships with
Commissioners. members of the Board of Commissioners,
Sharia Supervisory Board, the Board of
As a public company, the establishment of the Directors, and/or controlling shareholders
Audit Committee at BTPN Syariah, along with or other relationships that could affect their
the fulfillment of its duties and responsibilities, ability to act independently.
has taken into account the provisions of POJK b. Independent Parties are external entities
Number 55/POJK.04/2015 dated December 23, without financial, managerial, share
2015, concerning the Establishment and Guidelines ownership, and/or family relationships
for the Implementation of the Audit Committee's with the Board of Commissioners,
Work. Sharia Supervisory Board, Directors,
and/or controlling shareholders or other
audit committee charter relationships that could affect their ability
The Audit Committee has established Guidelines to act independently.
and a Code of Ethics (Charter) to carry out its
duties and responsibilities, which include regulating The independence of the Audit Committee at
the Organization, Membership Requirements, BTPN Syariah is evident in the appointment
Independence, Duties and Responsibilities,
of a Committee Chair who is an Independent
Committee Authority, Code of Ethics, Meetings,
Commissioner and other members consisting of
Meeting Minutes, Reporting Responsibilities, Term
of Service, Committee Evaluation, and Review of two Independent Parties. There are no members
the Working Guidelines. of the Board of Directors serving on the Audit
Committee.
In consideration of the relevance to current
PT Bank BTPN Syariah Tbk | 2023 Annual Report
conditions and regulatory provisions, the Audit All members of the Audit Committee have
Committee has conducted a review and updated declared their ongoing independence from
the Charter in 2023, and the latest Charter is the Bank throughout 2023, as stated in the
available on the Company's website. Independence Declaration Letter.
independence of the audit committee Throughout 2023, the Audit Committee has carried
The Audit Committee at BTPN Syariah has out its duties independently, and there have been
consistently acted independently in carrying out its no conflicts of interest at BTPN Syariah.
duties and responsibilities.
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duties and responsibilities of iv. To ensure that IAWU communicates
the audit committee with the Board of Directors, Board of
In accordance with the latest Charter Commissioners and Sharia Supervisory
No. 02/PedomanKerja/CSGC/XI/2023 dated Board (SSB), external auditors and OJK;
November 3, 2023, the Audit Committee is tasked v. To ensure that IAWU works
with monitoring and evaluating the planning and independently;
execution of internal and external audits, as well vi. To provide recommendations to the
as monitoring the follow-up to audit results to
Board of Commissioners, and to give
assess the adequacy of internal controls, including
the adequacy of financial reporting processes. The approval regarding the preparation of
committee also provides independent professional audit plan, scope and budget of IAWU;
opinions to the Board of Commissioners regarding vii. To review audit reports and to ensure
reports or matters presented by the Board of that the Board of Directors takes the
Directors, identifying issues that require the necessary corrective action timely in
attention of the Board of Commissioners that order to overcome weaknesses in the
include the following. control, fraud, issues of compliance with
policies, laws and regulations or other
1. Primary duties and responsibilities include: issues identified and reported by the
a. Monitor and evaluate the planning and IAWU, Public Accounting Firm (PAF), the
performance of Internal and External Audits results of supervision by the Financial
and monitor the follow up of audit results Services Authority (OJK) and/or the results
in order to assess the adequacy of internal of supervision of the other authorities and
control including the adequacy of the process institutions including to provide approval
of financial reporting. if there is any change to the corrective
b. Provide independent professional opinions to action and the change in the targetted
the Board of Commissioners on the reports or date of completion of such correction
matters conveyed by the Board of Directors to other than what has been agreed upon in
the Board of Commissioners and to identify the Audit Results Report on any findings
matters requiring the attention of the Board related to Information Technology
of Commissioners. considered significant.
viii. To give recommendations to the Board
2. The following are the job descriptions and of Commissioners regarding the provision
responsibilities of the Committee: of an annual remuneration to IAWU as a
a. In order to support the effective whole and a performance reward;
performance of the duties and ix. To ensure that IAWU upholds the
responsibilities of the Board of integrity in the performance of its duties;
Commissioners, the Audit Committee x. To give recommendations to the
prepares an annual activity plan approved Board of Commissioners regarding the
by the Board of Commissioners. appointment of an external party to
b. To assist the Board of Commissioners review the IAWU’s performance;
in its tasks to ensure the effectiveness xi. To give recommendations to the Board
of the Company’s Internal Audit Work of Commissioners in the appointment
Unit (IAWU) and the effectiveness of and dismissal of the Head of IAWU;
the Board of Directors in following up xii. To give recommendations to the Board
the revision of audit results. In this case of Commissioners in approving the
the Audit Committee has the following Internal Audit Charter.
responsibilities: 3. To carry out monitoring and evaluation of the
PT Bank BTPN Syariah Tbk | 2023 Annual Report
i. To monitor, study and review the conformance of financial reports with the
effectiveness of review by the Company’s financial accounting standards.
Internal Audit, and monitor the follow 4. To perform a review on the financial
up audit in order to evaluate the information to be released by the Company
adequacy of internal control, including to the public and/or the authority including
the adequacy in the process of financial financial reports, projections, and other reports
reporting. related to the Company’s financial information.
ii. To monitor and evaluate the IAWU 5. To review the compliance of Company with the
performance; laws and regulations related to the Company’s
iii. To monitor and evaluate the conformity business activities, that is in banking, capital
of an audit performed by the public market, as well as other applicable laws and
accunting firm with audit standards; regulations.
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good corporate governance
6. To review and provide suggestions to the Board 13. To carry out and give authority to perform
of Commissioners related to potential conflicts investigations within its scope of work, if
of interest of the Company. needed.
7. To give recommendations for the appointment 14. To provide independent opinions in the event of
of public accountants and Public Accounting dissenting opinions between the management
Firms to the Board of Commissioners to be and the PA on the service provided.
presented to the GMS (General Meeting of 15. To evaluate the performance of audit services
Shareholders) based on independency, scope of on the annual historical financial information
duties and fees, and to ensure the performance by a PA and/or PAF. Such evaluation shall be
of audit by the public accountants conforms performed at least by:
with the applicable audit standards. a. Conformance of audit perfomed by the
In the event the Public Accountants (PA) and/ PA and/or PAF with the applicable audit
or Public Accounting Firm (PAF) that have standards;
been appointed by the GMS cannot complete b. Adequacy of time for a site work;
an audit service on the annual historical c. Study of scope of service provided and the
financial information during the Professional adequacy of a pick test; and
Appointment Period, the Committee shall give d. Recommended corrections given by the PA
a recommendation for the appointment of a and/or PAF.
substitute PA and/or PAF to be presented to 16. Review any incoming complaints through the
the Board of Commissioners. whistleblowing channel and the Committee
The giving of recommendations by the may ask and or directly receive reports,
Committee shall be made by taking into determine or carry out investigations as well
account at least: as other actions in relation to the complaints
a. Independency of the PA, PAF, and the it receives, especially if such complaints are
persons in the PAF; alleged to involve members of the Board of
b. The scope of audit; Directors or Board of Management.
c. Audit service fee; 17. To ensure that the Company has an internal
d. Expertise and experience of the PA, PAF, audit guideline which also covers an
and Audit Team of the PAF; internal audit and audit of the utilization of
e. Methodology, techniques and means of Information Technology, and to ensure the
audit used by the PAF; performance of review of the internal audit
f. The benefits of fresh eye perspectives to be function including audit on the utilization of
obtained through the change of PA, PAF, Information Technology by using the services of
and the Audit Team of the PAF; an independent external party, and within the
g. Potential risks on the use of audit service by period as specified by the OJK.
the same PAF consecutively for quite a long
period and/or composition of the audit committee
h. Evaluation results of the performance The current composition of the Audit Committee
of audit service on the annual historical at BTPN Syariah is based on the Decision of the
financial information by a PA and PAF on Board of Commissioners NumberNo.006/CIR/
the previous period, if any. DEKOM/VI/2023 and determined according to the
8. To analyze the independency and objectivity Board of Directors Decree Number SK.012/DIR/
of PA and PAF and the conformace of CSGC/VII/2023 dated July 18, 2023, regarding the
performance of audit by the PAF with the Composition of the Audit Committee at BTPN
applicable audit standards. Syariah.
9. To analyze the adequacy of audit performed
PT Bank BTPN Syariah Tbk | 2023 Annual Report
by the PA and PAF to ensure that all important In supporting the bank's commitment to
risks have been taken into account. enhancing the quality of good corporate
10. To review and report to the Board of governance implementation, there has been
Commissioners on any claims arising related to a strengthening of the Audit Committee's
the Company. membership in 2023. This includes the effective
11. To review any claims related to the Company’s appointment of new members of the Board
accounting process and financial reporting. of Commissioners, who are Independent
12. To keep the confidentiality of all Company’s Commissioners and have been appointed as the
documents, data and information in its new Chairman of the Audit Committee in July
possession. 2023.
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the composition of the audit committee as of december 31, 2023
No Name Position Date of Appointment
Mulya Effendi Siregar Chairman and Member of
1 July 18, 2023
(Independent Commissioner) the Committee
Tika Arundina
2 Committee Member February 14, 2019
(Independent Party)
Rena Mutia Indriani
3 Committee Member November 1, 2021
(Independent Party)
evaluation related to the general
(BUS) and Sharia Business Units (UUS), in
provisions of the audit committee
conjunction with POJK 33/POJK.04/2014 on
a. The Audit Committee is established in the Board of Directors and Commissioners of
accordance with the provisions of PBI No. Issuers or Public Companies, and POJK No.
11/33/PBI/2009, together with SEBI No. 12/13/ 55/POJK.04/2015 on the Establishment and
DPbS regarding the Implementation of Good Guidelines for the Implementation of the Audit
Corporate Governance for Sharia Commercial Committee's Work, along with POJK No. 17 of
Banks (BUS) and Sharia Business Units (UUS), 2023 on the Implementation of Governance for
as well as POJK No. 55/POJK.04/2015 on Commercial Banks.
the Establishment and Guidelines for the b. Independent Commissioners in the Audit
Implementation of the Audit Committee's Committee have undergone the Fit and Proper test
Work, in conjunction with POJK 17 of 2023 on the process and have been declared to have passed the
Implementation of Governance for Commercial competence and suitability test by the OJK.
Banks. The committee is responsible to the c. There are no members of the Board of Directors
Board of Commissioners in assisting in carrying who also serve in the Audit Committee, in
out the tasks and functions of the Board of accordance with the applicable provisions related
Commissioners. to the Implementation of GCG for BUS and UUS.
b. The determination of the composition of the d. Independent Parties in the Audit Committee
Nomination and Remuneration Committee are individuals who have met membership
is based on the Board of Directors' Decree, requirements, including not being individuals
thereby fulfilling the requirements related to the within a Public Accounting Firm, Legal Consultant
Implementation of GCG. Office, Public Appraisal Service Office, or other
c. The Audit Committee is chaired by an parties providing insurance services, non-
Independent Commissioner, with the members insurance services, appraisal services, and/
consist of one Independent Commissioner and or other consulting services to BTPN Syariah
two Independent Parties with respect to the within the last 6 (six) months. They are also
Bank. This arrangement complies with the not individuals who work or have the authority
provisions of PBI No. 11/33/PBI/2009, together and responsibility to plan, lead, control, or
with SEBI No. 12/13/DPbS regarding the supervise the activities of BTPN Syariah within
Implementation of Good Corporate Governance the last 6 (six) months, except for Independent
for BUS and UUS, in conjunction with POJK 17 Commissioners.
of 2023 on the Implementation of Governance e. There are members of the BTPN Syariah Audit
for Commercial Banks, which stipulates that Committee with educational backgrounds
the Audit Committee members consist of at and expertise in accounting and finance,
least one Independent Commissioner and one compliance, understanding financial
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Independent Party with expertise in financial statements, the company's business, especially
accounting, as well as one Independent Party related to the service or business activities
with expertise in Sharia banking. of BTPN Syariah, audit processes, risk
management, law, operations, banking, Sharia
evaluation of audit committee banking, and regulations in the capital market,
membership requirements as well as other legislation, thus complying with
a. Independent Commissioners in the Audit the applicable provisions.
Committee have met the membership f. All members of the Audit Committee at BTPN
requirements of the Audit Committee Syariah do not have any affiliation with members
as stipulated in PBI No. 11/33/PBI/2009, of the Board of Commissioners, members of the
together with SEBI No. 12/13/DPbS regarding Board of Directors, or the Principal Shareholders
the Implementation of Good Corporate of the Issuer, in accordance with the applicable
Governance for Sharia Commercial Banks provisions.
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good corporate governance
audit committee authority Committee meetings are conducted if a
Referring to the latest Guidelines and Rules majority of Committee members are present.
of Procedure of the Audit Committee No.02/ 3. Committee members may participate in
PedomanKerja/CSGC/XI/2023 dated November committee meetings via teleconference, video
3, 2023, the authority of the Audit Committee at conference, or similar communication means
BTPN Syariah includes:
that allow all attending members to see, hear,
1. The Committee is authorized to have full, free, and speak with each other. The participation
and unrestricted access to information about of the Committee member in this manner
employees, funds, assets, and other resources must be considered as the direct presence of
of the Company related to the implementation that Committee member in the committee
of its duties, including other authorities granted meeting and is counted in determining the
by the Board of Commissioners. meeting's quorum. Decisions made in the
2. In carrying out its authority, the Committee Committee meeting must be made in writing
cooperates with the IAWU and other Units as and signed by the Chair of the meeting
deemed necessary. and another Committee member present
3. To involve an independent party outside the and designated for this purpose by the
members of the Audit Committee required to Committee meeting.
assist the performance of its tasks. 4. Committee meetings are chaired by the
4. To build cooperation with outside consultants, Committee Chair.
accountants or other external parties who 5. In the event the Committee Chair is unable
provide suggestions to the Committee or give to attend, one of the Committee members
directions in relation to an investigation, seek present at the meeting is appointed to chair
various related information from the employees the meeting.
and the employees are requested to cooperate 6. Decisions in the Committee meeting are
to fulfil the Committee’s requests. made through consensus. In the absence of
consensus, decisions are made based on the
audit committee term of office majority vote.
1. The term of office of members of the Committee 7. Dissenting opinions that occur in the
shall not exceed the term of office of members of Committee meeting must be clearly stated in
the Board of Commissioners, as provided for in the the meeting minutes along with the reasons
Articles of Association and may be re- appointed for the dissenting opinions.
for the next 1 (one) period only. 8. The Committee may also make valid decisions
2. If the Chairman of Committee or a member without holding a Committee meeting, with
of the Audit Committee resigns before his the condition that all Committee members
term of office ends, the other Independent have been informed in writing, and all
Commissioner shall replace him. Committee members agree to the proposed
3. If the term of office of a member of Audit motion in writing by signing the circular
Committee has ended and based on the approval. Decisions made in this manner have
requirements it is not possible to re- appoint the same force as decisions made validly in a
him, while at the same time, the Board of Committee meeting.
Commissioners has not obtained the authority 9. Meetings between Internal Audit Unit (SKAI)
to appoint a new member of the Audit and the Committee without the presence of
Committee, then the membership of the old Directors are held at least once a year.
Audit Committee shall be extended until the 10. Meetings between the Committee and the
Board of Commissioners has appointed a new Compliance Unit are held at least once a year.
member of the Audit Committee. 11. Meetings between the Committee and
PT Bank BTPN Syariah Tbk | 2023 Annual Report
External Auditors without the presence of
profile of audit committee members Directors are held at least once a year after
The profiles of Audit Committee members are the closing of the financial statements.
detailed in the profiles of members of the Board
of Commissioners and Independent Parties in this minutes of meetings
2023 Annual Report. The results of Committee meetings are
documented in meeting minutes, which will
be distributed to each Committee member,
audit committee meeting policy
Board of Commissioners members not on the
1. The Committee will hold meetings as needed or
Committee, and the Corporate Secretary. The
at least once a month.
minutes of the Committee meeting are well-
2. Committee meetings can be attended in preserved in both print and electronic media by
person or through video conference facilities.
the Corporate Secretary.
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audit committee statement on the The Audit Committee meetings at BTPN
effectiveness of the internal control system Syariah have discussed matters and
provided recommendations to the Board of
The Audit Committee has conducted a review, Commissioners, including:
evaluation, and oversight, and considers the
internal control system implemented at BTPN 1. Monitoring the implementation and
Syariah during the year 2023 has operated examination of the Internal Audit Work
effectively and adequately, covering financial, Unit (IAWU) during 2023 and monitoring
operational, and compliance controls. the implementation of follow-up actions on
findings.
The Audit Committee's review of the effectiveness 2. Providing strategic recommendations to
and efficiency of the Bank's Internal Control support the implementation of SKAI's tasks
System includes the following: and responsibilities.
a. The results of the Internal Audit Unit's audit 3. Periodically monitoring the Bank's financial
indicate that, overall, the implementation of performance.
the Internal Control System has been effective. 4. Reviewing the Financial Statements to be
b. Follow-up on the correction of audit findings issued by the Bank.
has been carried out according to the 5. Recommending the appointment of a Public
established schedule. Accountant Office to conduct the financial
statement audit for the fiscal year ending
Furthermore, BTPN Syariah has implemented an December 31, 2023.
internal control framework with a layered defense 6. Evaluating the implementation of audit
approach (Three Lines of Defense), each working services by AP and/or Public Accountant
independently: Office for the fiscal year 2022.
a. The executing work unit, assisted by the 7. Recommending the appointment of an
Quality Assurance (QA) function, performs External Review for the needs of External
its tasks in accordance with applicable Quality Control for the Review of the Internal
rules to uphold day-to-day operational risk Audit Performance of PT Bank BTPN Syariah
management practices. TBK for the period July 1, 2020, – June 30,
b. The Risk Management Unit (SKMR) along 2023.
with the Compliance Unit (SKK) defines and 8. Monitoring and evaluating the
maintains risk management methodologies, implementation of the External Review for
ensures sufficient risk mitigation, policies the needs of External Quality Control for the
and procedures, sets risk limits, and Review of the Internal Audit Performance of
coordinates or facilitates comprehensive risk PT Bank BTPN Syariah TBK for the period July
management. SKK ensures that all activities 1, 2020 – June 30, 2023.
of BTPN Syariah comply with external and 9. Monitoring the Bank's compliance with
internal regulations, including compliance applicable regulations.
with the application of Sharia principles. 10. Monitoring actions and handling of internal
c. Internal Audit is responsible for independently fraud cases.
ensuring that all inherent risks have been 11. Monitoring the resolution of consumer
managed, resulting in residual risks aligning complaints.
with agreed-upon risk tolerance and the 12. Reviewing the Guidelines and Working
risk appetite set by the Bank. The results of Procedures of the Audit Committee.
this oversight are reported to the Board of 13. Supervising strategic steps taken by the
Directors and the Board of Commissioners, Bank.
and the implementation of follow-up actions 14. Recommending the implementation of the
PT Bank BTPN Syariah Tbk | 2023 Annual Report
on audit findings is monitored as an effort to IESBA Code of Ethics at PT Bank BTPN
improve the performance and health of BTPN Syariah Tbk, where the Audit Committee
Syariah. functions as Those Charged with Governance
(TCWG).
audit committee report 15. Recommending the Audit Plan for 2024,
As of December 31, 2023, the Audit Committee based on the review of the audit plan.
has conducted 12 (twelve) meetings out of the 16. Preparing the work program of the Audit
total planned meetings of 6 (six) and issued 5 Committee for the year 2024.
(five) Circular resolutions. Thus, the commitment
to the Audit Committee meetings in 2023 has
been well fulfilled.
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good corporate governance
To complement its oversight duties, the Audit the nomination and remuneration
Committee has conducted field visits to meet committee charter
and discuss directly with employees and funding The Nomination and Remuneration Committee
or financing customers. With the endemic status
at BTPN Syariah has a Charter in carrying out its
declared at the end of June 2023, supervisory
visits have been conducted through face-to-face duties and responsibilities, which, among other
visits covering the areas of Palembang, Kupang, things, regulates: Organization, Membership
Lombok, Surabaya, Malang, Bandung, and Bali. Requirements, Independence, Duties and
Responsibilities, Remuneration Policy for the
During these visits, Board of Commissioners Board of Commissioners, Sharia Supervisory
members and Committee members at the Board and Directors, Self Assessment Policy for
Commissioner level directly listened to information members of the Board of Commissioners, Sharia
about the conditions and situations in the local Supervisory Board and Directors, Authority of the
areas from Community Officers (CO), Business
Nomination and Remuneration Committee, Work
Managers (BM), and Business Coaches (BC). In
addition to this, various positive inputs that can Ethics, Meetings, Minutes of Meetings, Reporting
be used to improve BTPN Syariah's services were Responsibilities, Term of Service.
provided by field officers. On the other hand,
Board of Commissioners members and Committee The Nomination and Remuneration Committee
members have conveyed things that need to be has conducted an annual review and has approved
considered by field officers to ensure their tasks updating the Committee's Charter in 2023.
run smoothly. The Nomination and Remuneration Committee
Charter is available on the BTPN Syariah website.
To complete the fulfillment of its duties, the Audit
Committee at BTPN Syariah has presented a
report on the implementation of tasks performed
independence of the nomination and
during 2023, as outlined in the Audit Committee's remuneration committee
Task Implementation Report to the Board of 1. Independent Commissioners on the
Commissioners on a semi-annual basis. Nomination and Remuneration Committee
are members of the Board of Commissioners
nomination and remuneration who do not have financial, management,
committee share ownership and/or family relationships
BTPN Syariah has complied with Bank Indonesia with other members of the Board of
Regulation Number 11/33/PBI/2009 concerning Commissioners, Sharia Supervisory Board,
the Implementation of Good Corporate Directors and/or Controlling Shareholders
Governance for Sharia Commercial Banks or other relationships that could affect their
and Sharia Business Units regarding the abilities to act independently.
formation of the Nomination and Remuneration 2. Independent Parties are parties outside
Committee in the Bank. Membership of the the Bank who do not have financial,
Board of Commissioners in the Nomination management, share ownership and/or
and Remuneration Committee has taken into family relationships with the Board of
account POJK 33/POJK.04/2014 concerning the Commissioners, Sharia Supervisory Board,
Board of Directors and Board of Commissioners Directors and/or controlling shareholders or
of Issuers or Public Companies POJK 17 of other relationships that could affect their
2023 dated September 14 2023 concerning the ability to act independently.
Implementation of Governance for Commercial
Banks. The independence of the Nomination and
Remuneration Committee at BTPN Syariah is
The Nomination and Remuneration Committee proven by the appointment of a Committee
PT Bank BTPN Syariah Tbk | 2023 Annual Report
is appointed and dismissed by the Board of Chair who is an Independent Commissioner and
Commissioners. other members consisting of 2 (two) members
who are Independent Commissioners, 1 (one)
As a public company, the establishment of the member who is a member of the Board of
Nomination and Remuneration Committee at Commissioners, and 1 (one) ) members are
BTPN Syariah and the fulfillment of its duties Executive Officers in charge of human resources.
and responsibilities have taken into account the There are no members of the Board of Directors
provisions of POJK Number 34/POJK.04/2014 who are members of the Nomination and
dated December 8, 2014 concerning the Remuneration Committee at the Bank.
Nomination and Remuneration Committee for
Issuers or Public Companies.
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The Nomination and Remuneration Committee b. Prepare and provide recommendations
has complied with the provisions which stipulate regarding systems and procedures for
that in the event that the number of Remuneration selecting and/or replacing members of the
members is determined to be more than 3 (three) Board of Commissioners, Sharia Supervisory
people, the number of Independent Commissioners Board and Directors to the Board of
must be at least 2 (two) people. Commissioners to be submitted to the GMS;
c. Provide recommendations regarding
Throughout 2023, the Nomination and prospective members of the Board of
Remuneration Committee has carried out its Commissioners, Directors and Sharia
duties and there are no conflicts of interest at Supervisory Board to the Board of
BTPN Syariah. Commissioners to be submitted to the
GMS. Especially for prospective members
duties and responsibilities of the of the Board of Directors, Human Capital
nomination and remuneration committee helps facilitate the process of identifying
In accordance with the latest Charter of the prospective members from internal and
Nomination and Remuneration Committee No. external sources, assessing the suitability of
03/PedomanKerja/CSGC/X/2022 dated October prospective members, and their potential
12, 2022, the Nomination and Remuneration for future development;
Committee is tasked with providing independent d. Provide recommendations regarding
professional opinions to the Board of independent parties who will become
Commissioners regarding reports or matters members of the Audit Committee and
submitted by the Board of Directors to the Risk Oversight Committee to the Board of
Board of Commissioners as well as identifying Commissioners in particular;
matters that require the Board's attention e. Committee members from Independent
Commissioners, which include: Parties are required to carry out their duties,
1. Related to remuneration policy: responsibilities and authority with integrity,
a. Evaluating remuneration policies; independence, competence and maintaining
b. Evaluate the suitability of remuneration their reputation;
policies with the implementation of these f. Assist the Board of Commissioners in
policies; assessing the work of members of the
c. Provide recommendations to the Board of Board of Commissioners and/or Sharia
Commissioners regarding: Supervisory Board and/or Directors;
• Remuneration policy, remuneration g. Develop a capacity development program
structure and amount of remuneration for members of the Board of Directors and/
for the Board of Commissioners, or members of the Board of Commissioners.
Directors and Sharia Supervisory Board
to be submitted to the General Meeting 3. The Committee is obliged to ensure that the
of Shareholders; remuneration policy is at least in line with:
• Conduct studies and provide a. Financial performance and reserves to fulfill
recommendations to the Board of the formation of the Allowance for Asset
Commissioners regarding employee Losses as regulated in the applicable laws;
remuneration strategies at a high level b. Individual work performance;
by considering internal and external c. Fairness with peer groups inside and outside
factors to be submitted to the Board of the Bank;
Directors. d. Consideration of the Bank's long-term
targets and strategies.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
2. Regarding nomination policy:
a. Provide recommendations to the Board of 4. Maintain the confidentiality of all Bank data
Commissioners regarding the composition documents and information;
of members of the Board of Directors and/
or Sharia Supervisory Board and/or Board 5. Other tasks besides those mentioned above are
of Commissioners; assigned by the Board of Commissioners to the
Committee in accordance with their functions
and duties from time to time as needed.
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good corporate governance
composition of nomination and In supporting the Bank's commitment to
remuneration committee members improving the quality of implementing good
The current composition of members of the BTPN Corporate Governance, it has been implemented
Syariah Nomination and Remuneration Committee by fortifying the membership of the Nomination
is based on the Board of Directors' Decree and Remuneration Committee in 2023, with the
SK.013/DIR/CSGC/VII/2023 dated July 18, 2023 effective appointment of new members of the
concerning the Composition of Members of the Board of Commissioners in mid-2023 and being
Nomination and Remuneration Committee.
appointed to the Committee in July 2023.
The composition of the Nomination and Remuneration Committee as of December 31, 2023 is:
No Name Period Date of Appoinment
Kemal Azis Stamboel
1 (President/ Chairman and Member of the Committee June 13, 2014
Independent Commissioner)
Mulya Effendi Siregar
2 Committee Member July 18, 2023
(Independent Commissioner)
Dewie Pelitawati Anggota Komite
3 June 13, 2014
(Independent Commissioner) Committee Member
Ongki Wanadjati Dana
4 Committee Member October 13, 2022
(Commissioner)
Ibnu Agung Mulyanto
5 Member and Secretary of the Committee April 21, 2021
(Head of Human Capital)
evaluation related to the general Governance for BUS and UUS states that
provisions of the nomination and the membership of the Remuneration and
remuneration committee Nomination Committee consists of at least two
a. The Nomination and Remuneration Committee Independent Commissioners and an Executive
at BTPN Syariah was formed in accordance Officer in charge of Human Resources. The
with the provisions of PBI No.11/33/PBI/2009 Nomination and Remuneration Committee at
dated December 7, 2009 concerning BTPN Syariah has also paid attention to POJK
the Implementation of Good Corporate Number 34/POJK.04/2014 concerning the
Governance for Sharia Commercial Banks and Nomination and Remuneration Committee for
Sharia Business Units (BUS and UUS) SEBI Issuers or Public Companies.
No.12/13/DPbS April 30 2010 concerning the
Implementation of Good Corporate Governance evaluation of nomination and
for BUS and UUS, and POJK 17 of 2023 remuneration committee membership
concerning the Implementation of Corporate requirements
Governance and responsibility to the Board of a. Commissioners and Independent
Commissioners in helping to carry out the duties Commissioners on the Nomination and
and functions of the Board of Commissioners; Remuneration Committee at BTPN Syariah
b. The composition of the Nomination and have fulfilled the membership requirements
Remuneration Committee members is as regulated in PBI No.11/33/PBI/2009
determined based on the Directors' Decree and dated December 7, 2009 concerning
is in accordance with the provisions; the Implementation of Good Corporate
PT Bank BTPN Syariah Tbk | 2023 Annual Report
c. The Nomination and Remuneration Committee Governance for Sharia Commercial Banks
at BTPN Syariah is chaired by an Independent and Sharia Business Units (BUS and UUS )
Commissioner and the membership consists SEBI No.12/13/DPbS dated April 30, 2010
of 2 (two) Independent Commissioners, concerning the Implementation of Good
1 (one) Commissioner, and one Executive Corporate Governance for BUS and UUS
Officer in charge of Human Resources so and paying attention to POJK Number 34/
that it has complied with the applicable POJK.04/2014 concerning Nomination and
provisions in accordance with PBI No.11 /33/ Remuneration Committees for Issuers or
PBI/2009 dated 7 December 2009 concerning Public Companies in conjunction with POJK
the Implementation of Good Corporate 33/POJK.04/ 2014 concerning Directors and
Governance for Sharia Commercial Banks and Board of Commissioners of Issuers or Public
Sharia Business Units (BUS and UUS) SEBI Companies, and POJK 17 of 2023 concerning
No.12/13/DPbS dated April 30, 2010 concerning Implementation of Corporate Governance;
the Implementation of Good Corporate
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b. Commissioners and Independent Board of Commissioners as regulated in the
Commissioners on the Nomination and Articles of Association and may be re-elected
Remuneration Committee have passed the for the following period;
Fit and Proper test process and have been 2. If the member of the Board of Commissioners
declared to have passed the fit and proper who is the Chairman of the Nomination and
test by OJK; Remuneration Committee resigns before
c. There are no members of the Board his term of office as Bank Commissioner,
of Directors who are members of the then the Chairman of the Nomination and
Nomination and Remuneration Committee so Remuneration Committee will be replaced by
that it complies with applicable regulations an Independent Commissioner;
regarding BUS and UUS GCG; 3. If the term of office of a member of the
d. The party holding a managerial position under Nomination and Remuneration Committee
the Board of Directors in charge of Human has ended and based on the provisions it is
Resources has complied with the provisions, not possible to reappoint him, while at the
where the member and secretary of the same time, the Board of Commissioners is
Nomination and Remuneration Committee is not yet eligible to appoint members of the
the Head of Human Capital so that they fulfill Nomination and Remuneration Committee,
the membership requirements; then the old membership of the Nomination
e. Members of the Nomination and and Remuneration Committee will be extended
Remuneration Committee at BTPN Syariah to the Board. Commissioners eligible to
have an educational background and appoint new members of the Nomination and
expertise in the fields of Human Resources, Remuneration Committee;
Law, Compliance, Risk Management, 4. Replacement of members of the Nomination
accounting and finance, understand financial and Remuneration Committee who are not from
reports, company business, especially the Board of Commissioners is carried out no
related to BTPN Syariah services or business later than 60 (sixty) days after the member in
activities, the audit process, and laws and question is unable to carry out their functions.
regulations in the capital market sector
as well as other laws and regulations, so profiles of the nomination and
that they are in accordance with applicable remuneration committee members
regulations; The profiles of members of the Nomination
f. Members of BTPN Syariah NRC have no and Remuneration Committee are contained
affiliation with members of the Board of in the profiles of members of the Board of
Commissioners, members of the Board of Commissioners and Executive Officers in charge of
Directors or Major Shareholders of the Issuer Human Resources in this Annual Report.
so that they are in accordance with applicable
regulations. meeting policy
1. The Nomination and Remuneration Committee
authority of the nomination and holds meetings as needed by the Bank, at least
remuneration committee 1 (one) meeting every 3 (three) months;
1. The Nomination and Remuneration 2. The Nomination and Remuneration Committee
Committee has the authority to obtain full, meeting can only be held if attended by at least
free and unlimited access to information 51% (fifty-one per cent) of the total number
about employees, funds, assets and other of members, including the Chairman of the
Bank resources related to the implementation Committee or Committee Members who are
of its duties; Independent Commissioners and Executive
PT Bank BTPN Syariah Tbk | 2023 Annual Report
2. In exercising its authority, the Nomination Officers;
and Remuneration Committee is obliged to 3. In the event that members of the Nomination
collaborate with the Directorate in charge and Remuneration Committee do not meet
of Human Capital and other units, including the minimum requirements as referred to in
having the authority to appoint consultants if the Organizational point, the recommendation
necessary. of the committee performing the nomination
function:
term of office of the nomination and a. Can be accepted, in the event that there is
remuneration committee at least 1 (one) Independent Commissioner
1. The term of office of members of the or 1 (one) Non-Independent Commissioner
Nomination and Remuneration Committee may serving on the remuneration and nomination
not be longer than the term of office of the committee; or
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good corporate governance
b. Exempted, in the event of a vacancy in nomination and remuneration
the Board of Commissioners, related to committee report
proposals for the replacement and/or As of December 31, 2023, the Committee
appointment of members of the Board of Nomination and Remuneration at BTPN Syariah
Directors and/or members of the Board of has held 3 (three) meetings to fulfill the 3 (three)
Commissioners to the GMS. planned meetings; thus, the commitment to fulfill
4. Nomination Committee Meeting Decision and the meeting in 2023 has been fulfilled correctly.
Remuneration is based on deliberation and
consensus. If deliberation to reach a consensus Considering the pandemic conditions, which
does not occur, decisions are made based on have begun to improve, implementing Nomination
the results of the majority vote; and Remuneration Meetings in 2023 will begin
5. The Nomination and Remuneration Committee using a hybrid method (online and face-to-face),
meeting is chaired by the Chairman of the fundamentally still paying attention to GCG
Nomination and Remuneration Committee; principles for BUS. The meetings in question have
6. In the event that the Chairman of the included a discussion of the entire work plan of
Nomination and Remuneration Committee the Nomination and Remuneration Committee for
is unable to attend, the meeting is chaired 2023, including supervision of the follow-up actions
by one of the Committee Members who is an of the Board of Directors and Management on
Independent Commissioner; the recommendations of the Nomination and
7. Members of the Nomination and Remuneration Remuneration Committee.
Committee can participate in committee
meetings via conference calls, video conferences, Until December 31, 2023, the Nomination and
or similar communication tools that allow all Remuneration Committee at BTPN Syariah has
committee members attending the Board of discussed matters and provided recommendations
Commissioners meeting to see, hear, and speak to the Board of Commissioners which include:
to each other. Participation of committee 1. Committee recommendations regarding the
members in this manner must be considered as composition of the Board of Commissioners
the direct presence of the committee member to be proposed at the Annual General Meeting
in the committee meeting and counted in of Shareholders to be held in 2023 and
determining the quorum of the committee recommendations for remuneration for new
meeting. Decisions made in such committee Independent Commissioner members;
meetings must be made in writing and signed 2. Committee recommendations regarding
by the Chairman of the Meeting and another considerations in preparing 2023 remuneration
committee member present and designated for proposals for the Board of Commissioners,
that purpose by the committee meeting; Directors, DPS and Independent Parties for
8. The results of the Nomination and members of the Audit Committee and Risk
Remuneration Committee meetings must be Oversight Committee, proposed end-of-term
documented in Meeting Minutes and properly gratuity for the Board of Commissioners and
documented; Directors, proposed facilities and benefits for
9. Dissenting opinions that occur in Nomination the Board of Commissioners and Directors ,
and Remuneration Committee meetings must proposed Deferred Bonus scheme for Material
be clearly stated in the Meeting Minutes along Risk Takers (“MRT”) and settlement of vehicle
with the reasons for the dissenting opinions; facilities whose purchase was not from the
10. The Nomination and Remuneration Committee beginning of the period;
may also make valid decisions without holding 3. Committee recommendation regarding the
a committee meeting, provided that all plan to provide deferred variable remuneration
PT Bank BTPN Syariah Tbk | 2023 Annual Report
committee members have been notified in components (Deferred Bonus) to MRT for
writing and all members of the Nomination performance in 2020, 2021 and 2022 in the
and Remuneration Committee provide written form of shares in January 2024.
consent circulars regarding the proposed
resolutions by signing such circular approval. The Nomination and Remuneration Committee at
Decisions made in this manner have the same BTPN Syariah has fulfilled all commitments during
force as valid decisions made in committee 2023 as stated in the Nomination and Remuneration
meetings. Committee Report with the knowledge of the Board
of Commissioners, considering that all members of
the Board of Commissioners who currently serve are
also members of the Nomination and Remuneration
Committee.
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Explanations regarding the agenda of financial, management, share ownership and/
the committee meetings at the Board of or family relationships with other members
Commissioners level are included in this GCG of the Board of Commissioners, Sharia
Implementation Report. Supervisory Board, Directors and/or Controlling
Shareholders or other relationships that could
risk oversight committee affect their ability to act independently.
BTPN Syariah has complied with Bank Indonesia 2. Independent Parties are parties outside the
Regulation Number 11/33/PBI/2009 concerning the Bank who do not have financial, management,
Implementation of Good Corporate Governance share ownership and/or family relationships
for Sharia Commercial Banks and Sharia Business with the Board of Commissioners,
Units regarding the establishment of a Risk Sharia Supervisory Board, Directors and/or
Oversight Committee in the Bank. controlling shareholders or other relationships
that could affect their ability to act
The Risk Oversight Committee is appointed and independently.
dismissed by the Board of Commissioners.
As a public company, the Risk Oversight The independence of the members of the Risk
Committee and the fulfillment of its duties and Oversight Committee at BTPN Syariah is proven
responsibilities at BTPN Syariah has taken into by the appointment of a Committee Chair who
account the provisions of is an Independent Commissioner and there are
POJK Number 65/POJK.03/2016 concerning the no members of the Board of Directors who are
Implementation of Risk Management for Sharia members of the Risk Oversight Committee at the
Commercial Banks and Sharia Business Units. Bank.
Membership of the Independent Commissioners
on the Risk Oversight Committee has taken into The Risk Oversight Committee at BTPN Syariah
account POJK 17 of 2023 dated September 14, is chaired by an Independent Commissioner, two
2023 concerning the Implementation of Corporate members are Independent Commissioners, 1 member
Governance. is a member of the Board of Commissioners, and 2
(two) members are Independent Parties to the Bank.
legal basis for the risk oversight Thus, the membership composition has met the
committee's charter required provisions.
The Risk Oversight Committee has Charter in
carrying out its duties and responsibilities, which Throughout 2023, the Risk Oversight Committee
regulate, among other things: Organization, carried out its duties independently and there were
Membership Requirements, Independence, Duties no conflicts of interest at BTPN Syariah.
and Responsibilities of the Committee Chair,
Duties and Responsibilities, Authority of the Risk duties and responsibilities of the chairman
Oversight Committee, Work Ethics, Meetings, of the risk oversight committee
Minutes of Meetings and Reports, Reporting The duties and responsibilities of the Chairman of
Responsibilities, Term of Service and Others. the Risk Oversight Committee at BTPN Syariah
are to refer to the Committee's 2023 Work
The Risk Oversight Committee reviews the Risk Guidelines and Rules, namely carrying out an annual
Oversight Committee Charter and the Risk assessment of the performance of each member
Oversight Committee Charter is available on the of the Committee and conducting an annual
BTPN Syariah website. assessment which includes the following matters:
1. Conduct annual assessments of the
Legal Basis for the Risk Oversight Committee performance of each Committee member.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Charter: 2. The annual assessment includes the following:
1. Financial Services Authority (OJK) Regulation a. Skills, mastery of work or ability to carry out
no. 65/POJK.03/2016 concerning the tasks.
Implementation of Risk Management for Sharia b. Independency and objectivity in the decision-
Commercial Banks and Sharia Business Units. making process to provide suggestions
2. Financial Services Authority (OJK) Regulation and recommendations to the Board of
No. 17 of 2023 concerning Implementation of Commissioners.
Governance for Commercial Banks. c. Integrity.
d. Responsibility and Reliability.
independence of the risk oversight e. Harmony and group cooperation.
committee f. Ability and determination to express
1. Independent Commissioners are members of opinions in committee meetings.
the Board of Commissioners who do not have g. Contribution to achieving the Committee's
objectives.
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good corporate governance
h. Efforts to overcome weaknesses and 8. Conduct accountability evaluations for the
maintain strengths, competencies and implementation of the Board of Directors' Risk
abilities to ensure stable performance. Management Policy at least semi-annually.
9. Maintain the confidentiality of all Bank and
duties and responsibilities of the risk Subsidiary Company data and information
oversight committee documents.
In accordance with the latest Charter No.04/ 10. Organize and provide authority to carry out
PedomanKerja/RM/XII/2023 dated December 8, investigations into matters within the scope of
2023, the Risk Oversight Committee is tasked and related duties.
responsible for providing independent professional 11. Collaborating with external consultants,
opinions to the Board of Commissioners regarding accountants or other external parties who
reports or matters submitted by the Board of provide advice to the committee or provide
Directors to The Board of Commissioners and direction in connection with investigations, seek
identifying matters that require the attention of various related information from employees
the Board of Commissioners, which include: of collaborating parties based on the
1. Prepare the Committee's annual activity plan Committee's request.
and send it to the Board of Commissioners for 12. Other tasks, apart from those mentioned
approval. above, are assigned by the Board of
2. Provide independent professional opinions to Commissioners to the Committee in
the Board of Commissioners regarding reports accordance with their functions and duties
or matters related to risk management both from time to time as needed.
individually at the Bank and in Consolidation
with Subsidiaries submitted by the Board of composition of the risk oversight
Directors to the Board of Commissioners and committee
identify matters that require the attention of The current composition of the BTPN Syariah
the Board of Commissioners. Risk Oversight Committee members is based on
3. Evaluate risk appetite and risk tolerance and the determination through the Directors' Decree
limits that must be approved by the Board of Number SK.014/DIR/CSGC/VII/2023 dated July
Commissioners. 18, 2023 concerning the Composition of the Risk
4. Analyze the effectiveness of the function Oversight Committee.
of the risk management work unit and risk
management committee. In supporting the Bank's commitment to improving
5. Evaluate the suitability between individual and the quality of the implementation of Corporate
Consolidated risk management policies and Governance, this has been achieved by strengthening
their implementation. the membership of the Risk Oversight Committee
6. Monitor and evaluate the implementation of in 2023, with the re-appointment of one member
the duties of the Risk Management Committee of the Board of Commissioners effective at the
and the Risk Management work unit in order closing of the 2023 Annual GMS.
to provide recommendations to the Board of
Commissioners. The appointment of this Risk Oversight Member
7. Evaluate individual and consolidated Bank risk has received approval from the Board of
management policies at least once a year. Commissioners and has carried out information
disclosure regarding this change in membership.
The composition of the Risk Oversight Committee as of December 31, 2023 is:
PT Bank BTPN Syariah Tbk | 2023 Annual Report
No Name Position Date of Appointment
Dewie Pelitawati Chairman and Member of the
1 June 13, 2014
(Independent Commissioner) Committee
Kemal Azis Stamboel
2 Committee Member April 17, 2015
(President/Independent Commissioner)
Mulya Effendi Siregar
3 Committee Member July 18, 2023
(Independent Commissioner)
Ongki Wanadjati Dana
4 Committee Member October 13, 2022
(Commissioner)
Tika Arundina
5 Committee Member February 14, 2019
(Independent Party)
Rena Mutia Indriani
6 Committee Member November 1, 2021
(Independent Party)
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evaluation regarding the general Membership in the Risk Monitoring Committee
provisions of the risk oversight has taken into account POJK 33/POJK.04/2014
committee at btpn syariah concerning the Board of Directors and Board of
Commissioners of Issuers or Public Companies,
1. The Risk Oversight Committee has been and POJK 17 of 2023 concerning the
formed in accordance with the provisions of Implementation of Governance for Commercial
PBI No.11/33/PBI/2009 dated December 7, Banks;
2009 concerning the Implementation of Good 2. Commissioners and Independent
Corporate Governance for Sharia Commercial Commissioners on the Risk Oversight
Banks and Sharia Business Units (BUS and Committee have passed the Fit and Proper test
UUS), and SEBI No.12/13/DPbS dated April process and have been declared to have passed
30, 2010 concerning the Implementation the fit and proper test by the OJK;
of Good Corporate Governance for BUS, 3. There are no members of the Board of
and POJK Number 17 of 2023 concerning Directors who are members of the Risk
the Implementation of Governance for Oversight Committee so that in accordance
Commercial Banks and responsibility to the with applicable regulations regarding the
Board of Commissioners in helping to carry Implementation of BUS and UUS GCG;
out the duties and functions of the Board of 4. Independent parties on the Risk Oversight
Commissioners; Committee are parties who have fulfilled the
2. The composition of the Risk Oversight membership requirements;
Committee members is determined based on 5. Members of the Risk Oversight Committee
the Directors' Decree and is in accordance with have an educational background and expertise
provisions related to GCG; in the fields of risk management, compliance,
3. The Risk Oversight Committee is chaired accounting and finance, understand financial
by an Independent Commissioner and the reports, company business, especially related to
membership consists of two Independent BTPN Syariah services or business activities, audit
Commissioners, one Commissioner and two processes, law, banking and sharia banking and
Independent Parties, so that it has complied laws and regulations in the field capital markets
with the provisions of PBI and other laws and regulations, so that they are
No.11/33/PBI/2009 dated December 7, 2009 in accordance with applicable regulations;
concerning the Implementation of Good 6. Members of the Risk Oversight Committee
Corporate Governance for Banks General have no affiliation with members of the Board
Sharia and Sharia Business Units (BUS and of Commissioners, members of the Board of
UUS) SEBI No.12/13/DPbS dated April 30, Directors or Major Shareholders of the Issuer
2010 concerning the Implementation of Good so that they are in accordance with applicable
Corporate Governance for BUS and UUS, regulations.
and POJK Number 17 of 2023 concerning the
Implementation of Governance for Commercial authority of the risk oversight committee
Banks which states that membership The Risk Referring to the latest Risk Oversight Committee
Oversight Committee consists of at least one Charter No. 04/PedomanKerja/RM/XII/2023
Independent Commissioner, an independent dated December 8, 2023, the authority of the Risk
party who has expertise in the field of sharia Oversight Committee includes:
banking and an independent person who has 1. The Committee has the authority to obtain
expertise in the field of risk management. full, free and unlimited access to information
about employees, funds, assets and other Bank
evaluation of risk oversight committee resources related to the implementation of its
PT Bank BTPN Syariah Tbk | 2023 Annual Report
membership requirements duties;
1. The Commissioners and Independent 2. In exercising its authority, the Committee
Commissioners on the Risk Oversight is required to collaborate with the Risk
Committee have fulfilled the requirements as Management Work Unit, and/or other units
stipulated in the provisions of PBI No.11/33/ deemed necessary as well as Subsidiary
PBI/2009 dated 7 December 2009 concerning Companies in order to implement consolidated
the Implementation of Good Corporate risk management.
Governance for Sharia Commercial Banks
and Sharia Business Units (BUS and UUS) risk oversight committee term of office
SEBI No. 12/13/DPbS dated 30 April 2010 1. The term of office of members of the Risk
concerning the Implementation of Good Oversight Committee may not be longer than the
Corporate Governance for BUS and UUS. term of office of the Board of Commissioners as
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good corporate governance
regulated in the Articles of Association and may other Committee members present and
be re-elected for the following period: appointed for this purpose by the Committee
2. If the member of the Board of Commissioners Meeting;
(Independent Commissioner) who is the 7. Differences of opinion that occur at
Chairman of the Committee resigns before his Committee meetings must be stated clearly
term of office as Bank Commissioner, then the in the Minutes of Meeting along with the
Chairman of the Committee is replaced by an reasons for the differences of opinion;
Independent Commissioner;
3. If the term of office of a Committee member 8. Differences of opinion (dissenting opinions)
has ended and based on the provisions, it is not that occur at Committee meetings must be
possible to reappoint him, while at the same time, stated clearly in the Minutes of Meeting along
the Board of Commissioners does not yet have with the reasons for the differences of opinion.
the right to appoint Committee members, then 9. The committee can also make valid decisions
the old Committee membership will be extended without holding a Committee Meeting,
until the Board of Commissioners has the right provided that all committee members have
to appoint new members of the Committee. been notified in writing and all committee
members give their approval regarding the
profile of risk oversight committee proposal submitted in writing by signing the
members circular agreement. Decisions taken in this way
The profiles of members of the Risk Oversight have the same force as decisions legally taken
Committee are contained in the profiles of at a Committee Meeting.
members of the Board of Commissioners and
Independent Parties in this Annual Report. risk oversight committee report
As of 31 December 2023, the Risk Monitoring
risk oversight committee meeting policy Committee has held 7 (seven) meetings with no
1. Committee meetings are held 1 (one) time in 1 circular decisions.
(one) month;
2. Committee meetings can only be held if The commitment to fulfill the 2023 Risk Oversight
attended by at least 51% (fifty one per Committee meeting has been fulfilled properly.
hundred) of the total number of members, All members of the Risk Oversight Committee
including one Independent Commissioner have carried out supervisory duties over the
and one Independent Party; implementation of good risk management at BTPN
3. Committee Meeting decisions are made Syariah which includes supervision at the head
based on deliberation and consensus. In office and supervision in the field during 2023.
the event that consensus deliberation does
not occur, decisions are made based on the The Risk Oversight Committee Meetings and other
results of the majority vote; strategic meetings in 2023 will be held online by
4. Committee meetings are chaired by the prioritizing effectiveness for Committee members
Committee Chairman; and members of the Board of Commissioners,
5. In the event that the Chairman of the and fundamentally still paying attention to the
Committee is unable to attend, one of the principles of good corporate governance. The
Committee members present at the meeting corporate meeting in question included discussion
is appointed to chair the meeting; of the entire work plan of the Risk Oversight
6. Committee members can participate Committee for 2023, including supervision of the
in Committee meetings via telephone follow-up actions of the Board of Directors and
conference, video conference or similar Management based on the recommendations of
PT Bank BTPN Syariah Tbk | 2023 Annual Report
communication facilities, the use of which can the Risk Oversight Committee.
enable all Committee members present at
the Board of Commissioners meeting to see, Complementing its supervisory duties, the Risk
hear and talk to each other. The participation Oversight Committee at BTPN Syariah has carried
of the Committee member concerned in out field visits to meet and discuss directly with
this way must be considered as the direct employees and funding and financing customers.
presence of the Committee member at With endemic status declared at the end of June
the Committee meeting and is counted in 2023, monitoring visits have been carried out
determining the quorum for the Committee through face-to-face visits covering the areas of
meeting. Decisions taken at the Committee Palembang, Lombok, Malang, Surabaya, Kupang,
Meeting must be made in writing and signed Bandung and Denpasar.
by the Chair of the Meeting and one of the
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Until December 31, 2023, the Risk Oversight manner, fulfilling the principles of Governance
Committee at BTPN Syariah discussed and as a Conventional Commercial Bank, Sharia
provided recommendations to the Board of Commercial Bank and as a Public Company.
Commissioners, including:
1. Preparing and approving work plans and The Independent Commissioner conveys the
programs for 2023, Risk Appetite & Tolerance development of his duties and responsibilities to
Bank 2023 as well as review of Work Guidelines the Corporate Governance Committee at regular
and Rules; meetings of the Bank's Board of Commissioners.
2. Supervising the duties of the Risk Management Fulfillment of Supervision of the
Committee and monitor risk exposure from the Corporate Governance Committee on the
Bank's business activities; Implementation of Banking Synergy at
3. Supervising the Bank's risk profile, capital
BTPN Syariah
adequacy and Bank Soundness Level;
4. Supervising the quality of the Bank's financing In line with the commitment to monitor Banking
portfolio; Synergy by BTPN Syariah and BTPN, supervision
5. Providing recommendations for adjustments to at the Board of Commissioners level is realized
the issuance of POJK and SE OJK in 2023 through the function of the Corporate Governance
6. Providing recommendations and suggestions Committee which consists of members of the
for improvement to improve the Bank's Independent Board of Commissioners from BTPN
performance. as the Coordinating Entity and representatives of
the Independent Commissioners and members of
In carrying out its duties, the Risk Oversight the Sharia Supervisory Board from BTPN Syariah
Committee at BTPN Syariah conveyed the as invitees. keep the Committee meeting.
fulfillment of commitments as stated in the Risk
Oversight Committee Report to the Board of Implementation of the 2023 Corporate
Commissioners in 2023. Governance Committee Meeting
1. The Corporate Governance Committee
Explanations regarding the agenda of Meeting in Semester I 2023 was held on
the committee meetings at the Board of February 23 2023, with an agenda for Anti-
Commissioners level are included in this GCG Fraud Management Meetings, Banking Synergy
Implementation Report. Monitoring and Implementation of GCG within
the Financial Group
Corporate Governance Committee 2. The Corporate Governance Committee Meeting
Within the scope of the Financial Group, an in Semester II was held on August 25 2023,
Independent Commissioner and a member of the with an agenda for meetings on Cyber Security
Sharia Supervisory Board at BTPN Syariah have Update, Anti Fraud Management, Banking
been appointed as Permanent Invitees to the Synergy Report, Report of Implementation
Corporate Governance Committee formed by PT of GCG within the Financial Group and
Bank BTPN Tbk (BTPN) as the Coordinating Entity Introduction to CxO Concept.
since 2022.
In order to support supervision and even distribution
The Corporate Governance Committee was of information, all members of the Board of
formed to replace the Integrated Governance Commissioners at BTPN Syariah have received the
Committee which had been disbanded in latest information regarding the results of the 2023
connection with the SMBC Group's financial Governance Committee meeting.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
conglomerate status being received in Indonesia,
where BTPN acting as the Main Entity and BTPN Submission of information to the Board of
Syariah as the Member Entity were no longer Commissioners regarding the position for
included in the financial conglomerate category Semester I 2023 was carried out on April 18,
effective November 15, 2021. 2023, and the position for Semester II 2023 was
carried out on October 25, 2023 through a meeting
The Corporate Governance Committee is tasked forum of the Board of Commissioners with the
with monitoring to ensure that internal and Compliance Director.
integrated controls are implemented within the
financial group in a prudent and transparent
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good corporate governance
Board of Commissioners' Committee-level committee meetings
The following are the frequency of meetings, Circular resolutions making and the attendance of
Committee members at the level of the Board of Commissioners throughout 2023:
Nomination &
Audit Risk Oversight
No Name % % Remuneration %
Committee Committee
(Realization/Plan) (Realization/Plan) Committee
(Realization/Plan)
1 Kemal Azis Stamboel(a) 4/4 100% 7/6 100% 3/3 100%
2 Mulya Effendi Siregar (c)
6/6 100% 4/4 100% 1/1 100%
3 Dewie Pelitawati(b) 4/4 100% 7/6 100% 3/3 100%
4 Ongki Wanadjati Dana Non member 7/6 100% 3/3 100%
5 Yenny Lim(d) Non member Non member 1/2 50%
6 Tika Arundina 10/6 100% 7/6 100% Non member
7 Rena Mutia 10/6 100% 7/6 100% Non member
8 Gatot Prasetyo S. 10/6 100% Non member Non member
9 Dharma Putera Non member 7/6 100% Non member
10 Ibnu Agung Mulyanto Non member Non member 3/3 100%
a) Kemal Azis Stamboel no longer serves as Chairperson of the Audit Committee in accordance with Directors' Decree Number SK.012/DIR/CSGC/VII/2023 dated 18 July 2023
(b) Dewie Pelitawati no longer serves as a member of the Audit Committee according to the Board of Directors Decree Number SK.012/DIR/CSGC/VII/2023 dated 18 July 2023
(c) Mulya Effendi Siregar serves as Chairman of Audit Committee, member of Risk Oversight Committee, member of Nomination and Remuneration Committee as of July 18, 2023
(d) Yenny Lim no longer serves as a member of the Nomination and Remuneration Committee effective since her resignation as a member of the Board of Commissioners at the closing of the
Annual GMS on 12 April 2023
Audit Committee Meeting Schedule and Agenda for 2023:
Date Meeting Agenda
• KPMG Audit of the Financial Statement for the Year Ended 31 December 2023;
• Internal Audit Update (as of January 31, 2023);
February 8, 2023
• Anti Fraud Management Full Year Update (2022);
• Financial Statements Update.
• Financial Performance Update (as of March 31, 2023)
April 18, 2023 • Internal Audit Updates (as of March 31, 2023);
• Anti Fraud Management Quarterly Update (as of March 31, 2023).
June 22, 2023 Internal Audit Update (as of March 31, 2023)
July 17, 2023 Financial Performance Update (as of June 30th 2023)
July 26, 2023 Internal Audit Updates (as of June 30th 2023)
July 26, 2023 Compliance Updates (as of June 3oth 2023)
July 26, 2023 Anti Fraud Management Quarterly Updates (Q2 2023)
Review of Financial Reports (As of 30 September 2023) and Review of Publication Plans
October 16, 2023
Quarterly Financial Report (as of 30 September 2023)
• Review of the External Audit Process Plan (Financial Reports) by KPMG
October 25, 2023 • Internal Audit Report
• Anti Fraud Management Quarterly Update (Q3 2023)
Internal Audit Report:
• Progress Audit 2023
November 22, 2023 • Audit Results Follow-up Monitoring Report
PT Bank BTPN Syariah Tbk | 2023 Annual Report
• Audit Result Report
• Audit Plan for 2024
November 27, 2023 Interim Audit Results by KPMG (as of 30 September 2023)
• Internal Audit Report
• Progress Audit 2023
December 12, 2023
• Audit Results Follow-up Monitoring Report
• Audit Result Report
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Date Circular resolutions
Providing recommendations and approval from the Audit Committee regarding the
March 1, 2023
Implementation of the IESBA Code of Ethics in 2023 at BTPN Syariah
Approval of the Audit Committee on the Evaluation Results of the provision of Financial
March 17, 2023
Report Audit Services for the Financial Year Ending December 31, 2023
Recommendation of the Audit Committee on the Appointment of a Public Accountant (AP)
March 17, 2023 and/or Public Accounting Firm (KAP) to Examine or Audit BTPN Syariah Books and Records for
the Financial Year Ending December 31, 2023
Recommendation of the Audit Committee on the Appointment of Quality Control from
May 17, 2023 External Parties for the Internal Audit Review of BTPN Syariah for the period July 1, 2020 –
June 30, 2023
Recommendation of the Audit Committee on the Change of Public Accountant (PA) for the
September 11, 2023 Audit of Annual Historical Financial Information at PT Bank BTPN Syariah Tbk for the fiscal
year ending on December 31, 2023
Affirmation of the Audit Committee regarding the Implementation of the IESBA Code of
September 13, 2023 Ethics at PT Bank BTPN Syariah Tbk and the First Recommendation of the Audit Committee
regarding the Implementation of IESBA in 2023
The arrangement of the Audit Committee meeting once a month is effective as of November 2023 in accordance with POJK 17 of 2023.
Nomination and Remuneration Committee Meeting at BTPN Syariah in 2023:
Meeting Agenda
No
Meeting Date in regards to Nominations in regards to Remuneration
Committee recommendations Committee recommendations regarding remuneration for
regarding-The composition of new members of the Board of Commissioners
1 February 7, 2023 the Board of Commissioners
to be proposed at the Annual
GMS to be held in 2023
Committee recommendations regarding:
• Proposed Remuneration in 2023 for the Board of
Commissioners, Directors and DPS and Independent
Parties who are members of Committees at the same
level as the Board of Commissioners
• Proposed end-of-term gratuity for Members of the
2 March 9, 2023 None Board of Commissioners and Members of the Board of
Directors, proposed facilities and benefits for the Board
of Commissioners and Directors, proposed scheme for
providing deferred variable remuneration (deferred
bonus) for Bank Material Risk Takers (MRT), and
settlement vehicle facilities whose purchase is not at the
beginning of the term of office
Committee recommendations regarding:
Plan to provide a deferred variable remuneration
component (deferred bonus) to Material Risk Takers (MRT)
3 October 12, 2023 None
for the Bank's performance for the 2020, 2021 and 2022
financial years, in the form of shares with a distribution
date of January 25, 2024
Circular Resolution
There were no circular resolutions during the year 2023.
The arrangement of the Nomination and Remuneration Committee meeting once every 3 (three) months, in accordance with POJK 17 of 2023, is effective in the year 2024.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
schedule and agenda for 2023 risk oversight committee meetings:
Date Meeting Agenda
February 8, 2023 • Risk Performance Update (as of 31 December 2022)
• RBBR dan ICAAP Update (as of 31 December 2022)
• Subsidiary Monitoring - PT BTPN Syariah Ventura Update (as of 31 December 2022)
April 18, 2023 • Update Risk Performance (as of 30 March 2023)
June 22, 2023 • Update Risk Performance (as of 31 May 2023)
• Risk Performance Update (as of 30 June 2023)
July 26, 2023 • RBBR dan ICAAP Update (as of 30 June 2023)
• Subsidiary Monitoring - PT BTPN Syariah Ventura Update (as of 30 June 2023)
• Risk Performance Update (As of 30 September 2023)
October 25, 2023
• Subsidiary Monitoring - PT BTPN Syariah Ventura Update (as of 30 September 2023)
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good corporate governance
schedule and agenda for 2023 risk oversight committee meetings:
Date Meeting Agenda
• Risk Performance Update (as of 31 Oktober 2023)
November 22, 2023 • Update UU P2SK Regulations (Recovery Plan – OJK dan Resolution Plan – LPS)
• Update - 2022 Cyber Security Assessment Results
Acceptance by the Risk Oversight Committee of:
• Guidelines and Working Procedures for the Risk Oversight Committee 2023
• Meeting Agenda for 2024
December 28, 2023
in line with Circular Decision of the Board of Commissioners Number 009/CIR/DEKOM/
XII/2023 dated December 28, 2023 regarding the Approval of the Board of Commissioners on
the Meeting Agenda of the Board of Commissioners Committee for the year 2024.
Circular Resolution
There were no circular resolutions during the year 2023.
The arrangement of the Risk Oversight Committee meeting once a month is effective as of November 2023 in accordance with POJK 17 of 2023
Performance Assessment of the Board of Commissioners' Committees
In fulfilling the commitment to good GCG principles, and continuing to Faithfully Empowering,
it is ensured that the implementation of the supervisory duties of the Board of Commissioners
Committees at BTPN Syariah has gone well, through every corporate meeting and field visit in 2023.
The Board of Commissioners Committees through the Audit Committee, Risk Oversight Committee and
Nomination and Remuneration Committee have ensured that the Bank's activities run according to good
corridors and that reporting obligations are fulfilled in a timely manner.
The Committee is prudent in prioritizing the principle of prudence, in line with the Government's direction
regarding restrictions during the pandemic that do not reduce compliance with GCG provisions and
the Bank's Articles of Association. In terms of decision making, Committees at the level of the Board of
Commissioners prioritize decision making based on deliberation to reach consensus, all of which are stated
in the Meeting Minutes and Circulars, and are well managed. There are no dissenting opinions during 2023.
In improving the good achievement of GCG implementation which is gradually being sharpened by
referring to the ASEAN Corporate Governance Scorecards (ACGS) methodology within the scope of
Southeast Asia Regional standards, the Committee at the level of the Board of Commissioners has
supported the Board of Commissioners in carrying out supervisory duties well based on the application of
governance principles. Manage a good company.
Efforts to increase these standards are well maintained and BTPN Syariah continuously improves and improves
internal processes and the presentation of information to all stakeholders with increasingly high quality.
The measure of performance achievement of Committees of the Board of Commissioners is realized by
implementing the practice of Performance Assessment (Self Assessment) based on the criteria used
as a basis for assessment referring to the Charter and Regulations of each Committee of the Board of
Commissioners to reflect the overall implementation of the duties and responsibilities of each member is
measurable and on target.
Self-Assessment Criteria for Committees at the Board of Commissioners at BTPN Syariah are as follows:
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Performance Assessment of Audit Committee Members
No Assessment Factors
The Committee has provided recommendations to the Board of Commissioners regarding the preparation and periodic
1
updating of the Annual Audit Plan, Work Guidelines and Rules (Charter), Internal Audit Charter
The Committee has carried out the duties and responsibilities of monitoring and evaluating at least:
a. Implementation of the duties of the internal audit work unit;
b. Conformity of financial reports with financial accounting standards; And
2
c. Implementation of follow-up actions by the Board of Directors regarding the findings of the Bank's internal audit
work unit, external auditors, results of supervision by the Financial Services Authority, and/or results of supervision by
other authorities and institutions.
The Committee has assisted the Board of Commissioners in its duties to ensure the effectiveness of the Bank's Internal
3
Audit Work Unit (SKAI) and the effectiveness of the Board of Directors in following up on improvements to audit results
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Performance Assessment of Audit Committee Members
No Assessment Factors
The Committee has provided recommendations to the Board of Commissioners regarding the appointment,
compensation and supervision of Public Accountants and/or Public Accounting Firms (AP and/or KAP) appointed by
the Company in the context of preparing audit reports on the company's financial statements or other work that does
4
not interfere with the committee's independence. , as well as the replacement AP and/or KAP in the event that the
appointed AP and/or KAP cannot complete their duties, and analyze the independence and objectivity of the AP and/or
KAP as well as the conformity of the audit implementation by the KAP with applicable audit standards.
The Committee monitors and evaluates the planning and implementation of internal and external audits as well as
5 monitoring the follow-up to audit results in order to assess the adequacy of internal control, including the adequacy of
the financial reporting process.
The Committee analyzes the Bank's compliance with laws and regulations in the capital markets sector and
6 other applicable laws and regulations relating to the Bank's activities, including providing advice to the Board of
Commissioners regarding potential conflicts of interest.
The Committee has provided recommendations to the Board of Commissioners regarding the appointment of an
7
external party to review SKAI's performance.
The Committee has provided recommendations to the Board of Commissioners regarding the provision of overall SKAI
8
annual remuneration as well as performance awards.
Performance Assessment of Nomination and Remuneration Committee Members
No Assessment Factors
The Committee has provided recommendations to the Board of Commissioners regarding the preparation and periodic
updating of the following matters:
1
a. Nomination and Remuneration Policy
b. Charter.
Regarding Remuneration Policy
The Committee has ensured that the Remuneration policy at the Bank has taken into account:
a. Financial performance and reserves to fulfill the formation of the Allowance for Asset Losses as regulated in the
2
applicable laws;
b. Individual Work Performance;
c. Fairness with Peer Groups inside and outside the Bank.
Regarding Remuneration Policy
The Committee has provided recommendations to the Board of Commissioners regarding Remuneration Policy,
Remuneration Structure and the amount of remuneration for the Board of Commissioners, Board of Directors and
3
Sharia Supervisory Board to be submitted to the General Meeting of Shareholders, and has conducted studies and
provided recommendations to the Board of Commissioners regarding high employee remuneration strategies. level by
considering internal and external factors to be submitted to the Board of Directors;
Regarding Nomination Policy
The Committee has provided recommendations to the Board of Commissioners regarding the composition of members
of the Board of Commissioners and/or Sharia Supervisory Board and/or Board of Directors, as well as regarding the
4 system and procedures for selecting and/or replacing members of the Board of Commissioners, Sharia Supervisory
Board and Directors to the Board of Commissioners to be submitted to the General Meeting Shareholders, as well as
recommendations regarding independent parties who will become members of the Audit Committee and Risk Oversight
Committee to the Board of Commissioners;
Regarding Nomination Policy
The Committee has assisted the Board of Commissioners in assessing the work of members of the Board of
5
Commissioners and/or the Sharia Supervisory Board and/or the Board of Directors, as well as preparing capacity
development programs for members of the Board of Directors and/or members of the Board of Commissioners.
Performance Assessment of Risk Oversight Committee Members
No Assessment Factors
PT Bank BTPN Syariah Tbk | 2023 Annual Report
The Committee has provided recommendations to the Board of Commissioners regarding the preparation and periodic
1
updating of the Annual Activity Plan, Work Guidelines and Rules (Charter) and Risk Management Policy;
The Committee has provided an independent professional opinion to the Board of Commissioners regarding reports or
matters relating to risk management both individually at the Bank and in Consolidation with Subsidiaries submitted by
2
the Board of Directors to the Board of Commissioners and Committees and identified matters that require the attention
of the Board of Commissioners;
The Committee has assisted the Board of Commissioners in evaluating risk appetite and risk tolerance and limits that
3
must be approved by the Board of Commissioners;
assisted the Board of Commissioners in monitoring and evaluating the implementation of the duties of the Risk
4 Management Committee and the Risk Management work unit in order to provide recommendations to the Board of
Commissioners;
The Committee has assisted the Board of Commissioners in evaluating the suitability of the Individual and Consolidated
5
Risk Management Policies and their implementation;
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good corporate governance
Remuneration Policy for
THE BOARD OF COMMISSIONERS, SHARIA
SUPERVISORY BOARD, AND BOARD OF DIRECTORS
The determination of remuneration and benefits refers to the decisions made by shareholders as
stipulated in the General Meeting of Shareholders, taking into account the recommendations provided by
the Nomination and Remuneration Committee.
In establishing the remuneration for each member of the Board of Commissioners, Sharia Supervisory
Board (DPS), and Board of Directors, BTPN Syariah considers the overall performance of BTPN Syariah,
performance evaluations, comparability with peer groups in the banking sector and the banking industry,
and the Company's capabilities. The company's performance, which is one of the factors in determining
the remuneration for members of the Board of Commissioners, DPS, and the Board of Directors, is
described as follows:
Proposal &
Review Decision
Recommendation
1. The Board of
1. Survey to obtain 1. Based on benchmark Commissioners' decision
benchmark data on the data (external) and regarding remuneration
remuneration of the Company performance for members of the Board
Board of Commissioners, data (internal), the of Commissioners, DPS,
Sharia Supervisory Board Nomination and and Board of Directors.
(DPS), and the Board Remuneration Committee 2. Shareholders' Meeting
of Directors in several formulates proposals/ approval of the total
banks in Indonesia. If recommendations for remuneration for the
necessary, the Committee remuneration for each Board of Commissioners,
may appoint/collaborate member of the Board of DPS, and Board of
with a Consultant/ Commissioners, Sharia Directors.
Independent Party to Supervisory Board (DPS),
ensure more accurate and Board of Directors to
data is obtained. be submitted to the Board
2. The Committee conducts of Commissioners.
a review of the bank's
performance that
can also reflect the
performance of the Board
of Commissioners, DPS,
and Board of Directors.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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governance of remuneration
remuneration policy formulation process
The purpose of the Remuneration Policy is to ensure the provision of remuneration is in
accordance with applicable regulations, the financial performance of the company, individual
job performance, alignment with the peer group within the bank and the banking industry, as
well as the Bank’s capabilities.
A review of remuneration is conducted annually, ncluding a review for the remuneration of the
Board of Commissioners, DPS, Directors, and Employees. The implementation of remuneration
policy, both fixed and variable remuneration, is routinely reviewed. This review takes into account
effective risk management, the Bank’s financial stability, capital adequacy and strengthening,
short-term and long-term liquidity needs, potential future bank income, and compliance with
sharia principles.
scope of remuneration policy and its implementation
The Remuneration Policy for Employees applies to Employees across all Business Units and
regions, with implementation carried out and monitored centrally at the Head Office.
remuneration linked to performance measurement
The bank adheres to the principle of meritocracy (performance-based) in providing
remuneration to the Board of Directors and employees, both for fixed and variable
remuneration.
Within the bank’s performance management, members of the Board of Directors and all
Employees has individual targets as the basis for assessing individual performance. Individual
targets for Directors, which also serve as targets for their respective units/directorates, are
derived from the bank’s overall targets and then cascaded down into smaller unit targets and
individual employee targets at the lowest level.
Individual performance is assessed based on the realization of individual targets and is
evaluated in categories of Outstanding; Very Good; Good; Needs Improvement; and Poor.
Remuneration adjustment is determined based on individual performance assessments,
with the management providing guidance on the adjustment of both fixed and variable
remuneration according to individual performance.
external consultants
The Bank obtains remuneration data within the banking industry through the services of
external consultants. The role of external consultants is to gather information on fixed and
variable remuneration for specific positions from several banks with similar business types and
operations. This data is collected by consultants through remuneration surveys involving several
banks.
variable remuneration
Variable remuneration consists of Incentive and Performance Bonuses. Incentives are provided
PT Bank BTPN Syariah Tbk | 2023 Annual Report
based on individual performance and are given to employees with marketing positions (sales).
Incentives are provided monthly and semi-annually.
Performance bonuses are granted based on performance, business scale, business complexity,
peer group, inflation rate, financial conditions and capabilities, as well as in accordance with
regulatory provisions, encouraging prudent risk-taking.
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good corporate governance
remuneration packages and facilities received by the Board of Commissioners,
Sharia Supervisory Board, and the Board of Directors
in milion Rupiah
2023 2022
Headcount Total Headcount Total
Board of Directors 6* 65,826 5 45,142
Board of Commissioners 5* 16,194 5 8,979
Sharia Supervisory Board 2 999 2 952
* At the AGMS held on April 12 2023, 1 (one) new Director was appointed to replace members of the Board of Directors whose term of office has ended, and 1 (one) Independent
Commissioner was appointed to replace the Non-Independent Commissioner whose term of office has ended
* Include gratuity for the end of service of the Management since the closing of the 2023 AGMS
the members of the Board of Commissioners, Sharia Supervisory Board, and Directors Receiving
Fixed and Variable Remuneration for 1 (one) year and the total amount
Fixed Category in milion Rupiah
2023 2022
Headcount Total Headcount Total
Board of Directors 6* 17,490 5 12,415
Board of Commissioners 5* 9,320 5 6,529
Sharia Supervisory Board 2 994 2 948
* At the AGMS held on April 12 2023, 1 (one) new Director was appointed to replace members of the Board of Directors whose term of office has ended, and 1 (one) Independent
Commissioner was appointed to replace the Non-Independent Commissioner whose term of office has ended
Variable Category in milion Rupiah
2023 2022
Headcount Total Headcount Total
Board of Directors 6 36,343* 5 20,694
Board of Commissioners 5 3,448* 4 624
Sharia Supervisory Board 2 - 2 -
Employee with Bonus 65,545 50,305
Employee with Incentive 81,712 66,768
Notes :
the Commissioners are not entitled to variable compensation
* Include gratuity for the end of service of the Management since the closing of the 2023 AGMS
* At the AGMS held on April 12 2023, 1 (one) new Director was appointed to replace members of the Board of Directors whose term of office has ended, and 1 (one) Independent
Commissioner was appointed to replace the Non-Independent Commissioner whose term of office has ended
total amount of deferred variable remuneration
in milion Rupiah
2023 2022
Headcount Total Headcount Total
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Deffered bonus (gross) 5 4,461 5 3,715
the ratio of the highest and lowest salaries
in milion Rupiah
2023 2022
Ratio 88.1 83.2
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remuneration for the Board of Commissioners, Sharia Supervisory Board, and
Board of Directors
The determination of remuneration and benefits refers to the decisions made by shareholders as
established in the General Meeting of Shareholders, taking into account the recommendations provided by
the Nomination and Remuneration Committee.
in milion Rupiah
Amount in Indonesian Rupiah Received in 1 (One) Year
Board of Sharia Supervisory
Board of Directors
Type of Remuneration & Other Facilities Commissioners Board
Million Million Million
Members Members Members
Rupiah Rupiah Rupiah
1. Remuneration (salary/honorarium, bonus*,
regular allowances & other facilities in the 5 13.557 6 56.371 2 994
form of non-cash benefits)
2. Other facilities in the form of non-cash
benefits (housing, transportation, health
insurance, etc.):
a. Can be owned 5 2.601 6 9.278 2 4,4
b. Cannot be owned 5 36 6 178 2 0
Total 5 16.194 6 65.826 2 999
Note:
*At the AGMS held on April 12 2023, 1 (one) new Director was appointed to replace members of the Board of Directors whose term of office has ended, and 1 (one) Independent Commissioner
was appointed to replace the Non-Independent Commissioner whose term of office has ended
The members of the Board of Commissioners, Sharia Supervisory Board, and Board of Directors who
receive remuneration packages within 1 (one) year, are categorized according to income levels, as shown in
the table below:
in milion Rupiah
Number of Sharia
Amount of Renumeration per Person Number of Number of
Supervisory Board
in 1 (One) Year* Commissioner Director
Member
Above IDR 2 billion 2 5
Above IDR 1 billion up to IDR 2 billion 2
Above IDR 500 million up to IDR 1 billion
Below IDR 500 million 1 2
highest and lowest salary ratio
Description Ratio
Highest and lowest employee salary ratio 88,1
Highest and lowest Director's salary ratio 2,4
Highest and lowest Commissioner's salary ratio 2,4
Highest Director's salary and highest employee ratio 2,6
PT Bank BTPN Syariah Tbk | 2023 Annual Report
long-term remuneration policy at BTPN Syariah
BTPN Syariah has a remuneration program to retain and motivate its executives and top talents to
contribute optimally to the company's progress continually. The remuneration program for the Board of
Commissioners, DPS, Directors, and Employees is designed while considering the effective risk management,
financial stability of the bank, adequacy and strengthening of the bank's capital, short-term and long-term
liquidity needs, potential income of the bank in the future, and compliance with Sharia principles.
BTPN Syariah already has a Remuneration Policy in accordance with the Financial Services Authority
(OJK) Regulation No. 59/POJK.03/2017 regarding the Implementation of Corporate Governance in
Remuneration for Sharia Commercial Banks and Sharia Business Units. In general, the remuneration
components are divided into fixed and variable components.
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good corporate governance
The determination of fixed remuneration components must at least consider the scale of operations,
business complexity, peer group, inflation rate, financial conditions, and compliance with regulations. There
should also be a distinction in remuneration between different positions.
For variable remuneration components, they must at least consider performance, business scale, business
complexity, peer group remuneration levels, inflation rate, financial conditions, and compliance with
regulations, while encouraging prudent risk-taking.
variable remuneration for the Board of Directors
In accordance with the Financial Services Authority (OJK) Regulation No. 59/POJK.03/2017 on the
Implementation of Corporate Governance in Remuneration for Islamic Commercial Banks and Islamic
Business Units, BTPN Syariah has provisions related to Material Risk Takers (MRT). MRT in BTPN Syariah
consists of the Board of Directors, given their tasks and responsibilities that have strategic or significant
impacts both in the short and long term for the Bank.
The provision of variable remuneration components for MRT is regulated as follows:
1. 80% is provided in cash without deferral;
2. 20% is deferred for 3 (three) years with the following composition and distribution scheme:
• In the first deferral year: one-third (1/3) of the total 20% deferral, provided in a maximum of 500
shares of BTPN Syariah and the rest in cash, paid in January;
• In the second deferral year: one-third (1/3) of the total 20% deferral, provided in a maximum of 500
shares of BTPN Syariah and the rest in cash, provided in January;
• In the third deferral year: one-third (1/3) of the total 20% deferral, provided in a maximum of 500
shares of BTPN Syariah and the rest in cash, provided in January.
The Bank may cancel partially or entirely the deferred variable remuneration if:
• Proven responsible for significant losses to the bank; or
• Proven to have violated applicable regulations.
rewards & performance management
rewards management
To ensure that the bank's remuneration program remains competitive within the industry according to the
company's strategy and directives, at least once a year, BTPN Syariah will conduct a benchmark with a
peer group with the assistance of an Independent Consultant with a good reputation.
The remuneration structure has been arranged and determined according to the employee's grade level.
The Board of Directors ensures that the remuneration policies and strategies applied in the bank are
communicated to the Board of Commissioners.
performance management
Employee Performance Assessment is a tool for the company to measure employee performance results in
accordance with predefined targets and performance goals.
The Performance Assessment process at BTPN Syariah is carried out by applying clear key performance
PT Bank BTPN Syariah Tbk | 2023 Annual Report
indicators (KPIs) that meet the SMART criteria (specific, measurable, achievable, realistic, and time-
bound). This is not only to ensure that assessments can be conducted objectively but also to ensure that
the targets assigned to each employee are closely related to the company's strategic objectives in the
current fiscal year.
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PT Bank BTPN Syariah Tbk | 2023 Annual Report 352
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good corporate governance
Board of DIRECTORS
The Board of Directors is the organ of Corporate 5. Bank Indonesia Regulation no. 11/33/PBI/2009
Governance which is fully responsible for managing concerning Implementation of Good Corporate
the Bank for the interests and objectives of the Governance for Sharia Commercial Banks and
Bank, as well as representing the Bank both Sharia Business Units
inside and outside the court in accordance 6. POJK No.16/POJK.03/2022 concerning Sharia
with the provisions of the Bank's Articles of Commercial Banks.
Association. Referring to Law No. 40 of 2007 7. POJK 17 of 2023 concerning Commercial Bank
concerning Limited Liability Companies, each Governance.
member of the Board of Directors carries out 8. ASEAN Corporate Governance Scorecard.
each task in accordance with the division of
duties and authority, with the aim of achieving Board of Directors charter
management effectiveness and producing All members of the Board of Directors carry out
maximum results. their duties and responsibilities referring to the
Board of Directors Charter, updated periodically
The Board of Directors at BTPN Syariah with reference to the applicable provisions.
always upholds a professional, objective,
strategic-minded attitude in accordance with In 2023, the Board of Directors conducted a review
the principles of Good Corporate Governance and approved updates to the Board of Directors'
(GCG), and prioritizes the interests of the Bank, Charter. The latest Board of Directors Charter
as well as playing a role in increasing added is No.05/PedomanKerja/CSGC/XII/2023 on
value for stakeholders and ensuring business December 6, 2023.
sustainability.
The Board of Directors Charter include:
Directors are appointed and ratified through 1. Organization.
the General Meeting of Shareholders and 2. Independence.
are required to fulfill the fit and proper test 3. Duties and Responsibilities of the Board of
requirements of the Financial Services Authority. Directors.
4. Functions of the President Director.
All members of the BTPN Syariah Board of 5. Compliance Director.
Directors have fulfilled the number, composition, 6. Meeting.
criteria and independence in accordance with 7. Ethical Values and Prohibitions on the Board of
applicable regulations. Directors.
8. Performance Assessment of the Board of
legal basis for charter 9. Working Relationship Pattern of the
The Board of Directors are obliged to carry out 10. Reports to the Parent Entity
their duties and responsibilities in accordance with 11. Relationship with Stakeholders
the Charter. The Board of Directors' Charter is 12. Training.
updated and evaluated periodically with reference 13. Miscellaneous
to applicable rules and regulations.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
duties and responsibilities of the
The legal bases for the Board of Directors Charter Board of Directors
at BTPN Syariah include: Duties and Responsibilities of the BTPN Syariah
1. Law of the Republic of Indonesia no. 40 of 2007 Board of Directors in accordance with the latest
concerning Limited Liability Companies. Board of Directors Charter are as follows:
2. Bank Articles of Association. 1. The Board of Directors shall be fully responsible
3. Law no. 6 of 2003 concerning Determination of for the management of the Bank;.
Government Regulations. 2. The Board of Directors shall managed the Bank in
4. Financial Services Authority Regulation No.33/ accordance with its authority and responsibilities as
POJK.04/2015 concerning Directors and provided for in the prevailing laws and regulations,
Board of Commissioners of Issuers or Public the Articles of Association, and GMS' decisions.
Companies.
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3. The Board of Directors shall implement the If a committee is formed, the Board
principles of Good Corporate Governance in of Directors is obliged to evaluate the
every business activitity of the Bank at all levels performance of the committee at the end of
of organization;. each financial year.
4. The Board of Directors shall follow up all 12. In carrying out the Internal Audit function, the
results of audit findings and recommendations Board of Directors is responsible for:
from the Internal Audit Work Unit (SKAI), the a. Develop an internal control framework to
Sharia Supervisory Board (DPS), the External identify, measure, monitor and control all
Auditors, the results of OJK/BI’s supervision risks faced by the bank.
and/or other authorities’ supervision results; b. Ensure that SKAI obtains information
5. In order to carry out the principles of Good regarding ongoing developments, project
Corporate Governance, the Board of Directors initiatives, products and operational
must at least establish: changes as well as risks that have been
a. Internal Audit Work Unit. identified and anticipated.
b. Risk Management Work Unit. c. Ensure appropriate corrective action has
c. Risk Management Committee. been taken.
d. Compliance Work Unit. 13. Members of the Board of Directors have no
6. The Board of Directors shall hold an annual authority to represent the bank if:
GMS and other GMS’s as provided for in a. There is any court proceeding between
the laws and regulations and the Articles of the Bank with the relevant member of the
Association;. Board of Directors; and
7. The Board of Directors shall be accountable b. The relevant member of the Board of
for the fulfilment of its obligations to the Directors has a conflict of interest with
Shareholders through GMS;. the Bank.
8. The Board of Directors shall disclose to the 14. In the event that there are circumstances as
employees concerning Bank’s internal policiies referred to in number (13), those entitled to
of strategic nature in the employment sector; represent the Bank are:
9. The Board of Directors shall not engage a. Other members of the Board of Directors
individual advisors and/or professional services who do not have a conflict of interest with
as consultants unless they meet the following the Bank.
requirements: b. The Board of Commissioners in the event
a. The project is specific in nature; that all members of the Board of Directors
b. Is based on a clear contract, which at have a conflict of interest with the Bank or
least must cover the scope of work, c. Other parties appointed by the GMS in the
responsibilities and the term of work as well event that all members of the Board of
as the cost; Directors or Board of Commissioners have a
c. A consultant is an independent party and conflict of interest with the Bank.
has the qualification to carry out the project
of specific nature as referred to above. functions of the President Director
d. To be carried out by the party who does not Without prejudice to the rights of the Board
hold a structural position with the Bank, and of Directors as regulated in the Articles of
e. To be carried out by the party who does Association and other applicable provisions, the
not have the authority to make the Bank’s President Director has the authority to:
operational decisions. 1. Coordinate the activities of the Board of
10. In the management of data and information Directors and ensure that the division of tasks
related to the Bank, the Board of Directors between the Directors runs effectively.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
shall: 2. Arrange meeting schedules and determine
a. Have and provide accurate, relevant, and agendas that are the responsibility and
timely data and information including to the priorities of the Board of Directors.
Board of Commissioners; and 3. Determine meeting invitations.
b. Carry out management of data and 4. Ensure the adequacy and availability of
information in accordance with good information required for decision making.
governance at the Bank and the laws and 5. Determine the Board of Directors' decision in
regulations. the event of a deadlock
11. In order to support the effective
implementation of its duties and
responsibilities, the Board of Directors may
form committees.
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good corporate governance
the composition and criteria of in Sharia Banking and Finance, Economics,
the Board of Directors Human Resource, Law, Technology, Accounting
The composition and criteria for members of the or Auditing:
Board of Directors and the Organization as stated a. One of the Members of the Board of
in the latest Board of Directors Charter are: Directors shall be appointed and tasked
1. The number of Directors is at least 3 (three) as Director of Compliance who has the
people. responsibility to ensure compliance with
2. All members of the Board of Directors must the Sharia Principles, regulation of the
reside in Indonesia. Financial Services Authority (“OJK”) and
3. If required, a member of other Board of Bank Indonesia (BI) as well as other laws
Directors may be appointed as Deputy and regulations concerning Director of
President Director; Compliance;
4. Those who may become members of the Board b. The Director of Compliance shall carry out
of Directors are individuals who, at the time of the compliance function independent of the
appointment and during their office must: operational working units;
a. Have good character, morality and integrity; c. Performance of the compliance function
b. Be capable of carrying out legal acts; must be supported by personnel who
c. Within 5 (five) years prior to the at least have the knowledge and/
appointment and during their office: or understanding of Sharia Banking
i. Are never declared bankrupt; operations.
ii. Never became members of the Board 9. All members of the Board of Directors
of Directors and/or members of the must have the ability to carry out strategic
Board of Commissioners declared guilty management for the development of healthy
of causing a company to be declared and strong Sharia Banking;
bankrupt; 10. All members of the Board of Directors must have
iii. Never being punished for committing a the knowledge, understanding and capability in
criminal act that is detrimental to State the implementation of risks management;
finances and/or related to the financial 11. The Bank are required to hold a GMS to replace
sector; member of the Board of Directors who do not
iv. Never become members of the meet the requirements in accordance with the
Board of Directors and/or Board of prevailing laws;
Commissioners during their office: 12. Every proposal for replacement and/or
• Has ever failed to hold an Annual appointment of members of the Board of
General Meeting of Shareholders; Directors the Board of Commissioners at GMS
• Their accountability report as must take into account the recommendation of
members of the Board of Directors the Nomination and Remuneration Commitee;
and/or members of the Board 13. The majority of members of the Board of
of Commissioners has ever been Directors have at least 4 (four) years of
rejected by a GMS or failed to experience as Executive Officers in Banking
deliver their accountability report as and 1 (one) year of them as Executive Officers
members of the Board of Directors in Sharia Commercial Banks/Sharia Business
and/or members of the Board of Units and their amendments.
Commissioners to a GMS; and 14. Each member of the Board of Directors must
• Has ever caused a company which fulfill the requirements of having passed a fit
has obtained a permit, license or and proper test in accordance with applicable
registration from OJK failed to meet OJK regulations.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
the obligations to deliver an annual 15. Members of the Board of Directors are
report and/or financial report to OJK. prohibited from holding concurrent positions as
5. Has the commitment to comply with the laws Board of Commissioners, Directors or Executive
and regulations; Officers in banks, companies and/or other
6. Has the knowledge and/or expertise in the field institutions, except:
needed by an Issuer or a Pbulic Company. a. Directors who are responsible for
7. The fulfillment of requirements referred to in supervising investments in subsidiary
points (4) up to (6) above must be contained in companies of Sharia Commercial Banks,
a Statement Letter and submitted to the Bank. carry out functional duties as Members
8. All members of the Board of Directors must of the Board of Commissioners in non-
have the ability in Banking in General and bank subsidiary companies controlled by
Specifically have at least one of the skills Commercial Banks and/or
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b. Directors hold positions in non-profit the Board of Directors whose terms of office have
organizations or institutions, as long as expired have been reappointed with terms of office
this does not result in the person concerned until the closing of the Annual GMS which will be
neglecting the implementation of their held in 2026, without prejudice to changes that
duties and responsibilities as members of may occur before the end of the term of office.
the Bank's Board of Directors
In the same Annual GMS, a new member of the
16. Members of the Board of Directors, individually Board of Directors was appointed to strengthen
or collectively, are prohibited from owning the Board of Directors with a term of office until
shares of more than 25% (twenty five percent) the closing of the Annual GMS which will be held in
of the paid-up capital in the Bank and/or in 2026, without prejudice to changes that may occur
another company. before the end of the term of office.
17. The majority of members of the Board of
Directors are prohibited from having family There is a change in the composition of members
relationships up to the second degree with of the Board of Directors at BTPN Syariah in 2023
fellow members of the Board of Directors in connection with the resignation of a member of
and/or with members of the Board of the Board of Directors whose term of office has
Commissioners. expired and the appointment of a new member
18. The Board of Directors is prohibited from of the Board of Directors effective April 12, 2023,
granting general power of attorney to other respectively.
parties which results in the transfer of the
duties and functions of the Board of Directors. As of December 31, 2023, the number of Directors
at BTPN Syariah is 5 (five) people and all members
composition of Board of Directors of the BTPN Syariah Board of Directors have
membership fulfilled the number, composition, criteria and
Based on the resoution of the BTPN Syariah independence in accordance with applicable
Annual GMS held in 2023, 4 (four) members of regulations.
composition of the Board of Directors at BTPN Syariah before the 2023 Annual GMS:
Effective Date of
Name of Director Position OJK Approval
Office
Hadi Wibowo April 3, 2020
President Director April 16, 2020
(KEP-41/D.03/2020)
February 24, 2014
Gatot Adhi Prasetyo Director May 22, 2014
(KEP-16/D.03/2014)
Compliance Director
August 22, 2017
Arief Ismail concurrently serving as August 22, 2017
(KEP-69/D.03/2017)
Corporate Secretary
May 20, 2020
Fachmy Achmad Director May 27, 2020
(KEP-58/D.03/2020)
26 Februari 2021
Dwiyono Bayu Winantio Director April 21, 2021
(KEP-32/D.03/2021)
composition of the Board of Directors at BTPN Syariah after the 2023 Annual GMS and as of December
31, 2023:
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Effective Date of
Name of Director Position OJK Approval
Office
Hadi Wibowo April 3, 2020
President Director April 16, 2020
(KEP-41/D.03/2020)
Compliance Director
August 22, 2017
Arief Ismail concurrently serving as August 22, 2017
(KEP-69/D.03/2017)
Corporate Secretary
May 20, 2020 May, 27 2020
Fachmy Achmad Director
(KEP-58/D.03/2020)
February 26, 2021
Dwiyono Bayu Winantio Director April 21, 2021
(KEP-32/D.03/2021)
March 10, 2023
Dewi Nuzulianti Director April 12, 2023
(KEPR-2/D.03/2023)
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good corporate governance
All members of the Board of Directors at BTPN Syariah have fulfilled the requirements as members
of the Board of Directors in accordance with the provisions of Bank Indonesia Regulations concerning
the Implementation of Good Corporate Governance for Sharia Commercial Banks and Sharia Business
Units, Financial Services Authority Regulations concerning Sharia Commercial Banks, Financial Services
Authority Regulations concerning Assessment of Capability and Compliance for Main Parties of Financial
Services Institutions, as well as paying attention to Financial Services Authority Regulations regarding
Directors and Board of Commissioners for Issuers or Public Companies.
term of office of the Board of Directors
The term of office of members of the BTPN Syariah Board of Directors is appointed by the GMS until the
closing of the third year GMS and can be reappointed.
Term of office for members of the Board of Directors before the 2023 Annual GMS
No Name Position Term of Office
1 Hadi Wibowo President Director 2020 - 2023
2 Gatot Adhi Prasetyo Director 2020 - 2023
3 Arief Ismail Director of Compliance 2020 - 2023
4 Fachmy Achmad Director 2020 - 2023
5 Dwiyono Bayu Winantio Director 2021 - 2023
Term of Office for Members of the Board of Directors After the 2023 Annual GMS and as of December 31, 2023
No Name Position Term of Office
1 Hadi Wibowo President Director 2023 - 2026
2 Arief Ismail Director of Compliance 2023 - 2026
3 Fachmy Achmad Director 2023 - 2026
4 Dwiyono Bayu Winantio Director 2023 - 2026
5 Dewi Nuzulianti Director 2023 - 2026
independence and diversity of the Board of Directors
independence of members of the Board of Directors
All members of the Board of Directors at BTPN Syariah have complied with Bank Indonesia Regulation
Number 11/33/PBI/2009 concerning the Implementation of GCG for Sharia Commercial Banks and Sharia
Business Units, in conjunction with Financial Services Authority Regulation Number 16/POJK.03/2022
concerning Sharia Commercial Banks in conjunction with POJK 17 of 2023 concerning Commercial Bank
Governance which regulates the number, concurrent positions, family relationships and other requirements
for members of the Board of Directors
The President Director at BTPN Syariah comes from an independent party from the Controlling
Shareholders. The President Director's independence has been fulfilled by having no financial,
management, share ownership and/or family relationships with the Controlling Shareholder.
As of December 31, 2023, all members of the Board of Directors of BTPN Syariah have no family
relationship up to the second degree with fellow members of the Board of Directors and/or with members
of the Board of Commissioners or members of the Sharia Supervisory Board and Controlling Shareholders.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
The independence of the Board of Directors at BTPN Syariah is further regulated in the Board of Directors
Charter, including:
1. Directors must be independent as defined and intended in the Corporate Governance Policy (GCG).
2. The President Director must come from a party who is independent of the controlling shareholder.
3. Independent criteria in accordance with Bank Indonesia Regulations concerning the Implementation of
GCG for Sharia Commercial Banks are parties that do not have:
a. Financial relationships, management, share ownership and/or family relationships with controlling
shareholders, members of the Board of Commissioners and/or members of the Board of Directors.
b. Financial Relationships and/or Sharia Commercial Bank share ownership relationships.
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All members of the Board of Directors at BTPN Syariah do not have share ownership of 5% or more in the
Bank or in other Banks and companies domiciled inside or outside the country and do not have financial or
family relationships with controlling shareholders, members of the Board of Commissioners and/or other
members of the Board of Directors in the GCG implementation report as regulated in the provisions for
implementing GCG for Sharia Commercial Banks.
diversity of the members of the Board of Directors
All members of the Board of Directors are appointed by the General Meeting of Shareholders taking into
account the recommendations of the Nomination and Remuneration Committee, and have fulfilled the
requirements for passing the Fit and Proper Test from the OJK.
Determining the diversity of members of the Board of Directors is carried out by considering the
complexity and needs of the Bank and is based on banking and sharia banking knowledge, expertise,
professional experience, background to support the effective implementation of the Board of Directors'
duties without distinguishing between gender, ethnicity, race and religion.
characteristics of the Board of Directors' diversity
No Diversity Aspect Realization
1 Nationality Indonesian
2 Education • Field of Economics
• Sharia Accounting Field
• Civil Engineering Field
• Geodetic Engineering Field
• Industrial Engineering Field
3 Certifications • Risk Management Certification Level 1,2,3,4,5
• Sharia Banking Certification;
• Treasury Dealer Certification for the Director in charge of Treasury;
• Certified Public Accountant for the Director in charge of Finance
• As Director of Operations at National Scale Banking,
• MSE Business Director at National Scale Banking
• As a member of the Board of Management and Executive Officer at a National Bank,
and in areas including Process Transformation, Branchless Banking, Mobile Banking,
Operations, Distribution and Sales Force Development, Mass Market, E-banking, Cash
Management, Electronic Banking, Consumer Banking ,
• As President Director of National Scale Banking;
• As an Executive Officer in National Scale Banking, and in charge of, among others,
Human Resource Operations, Business, Operations, Business Development, Personal
Line Operations, Individual
• As Risk Director and New Business Director;
4 Work Experience • As an Executive Officer at an International Scale Bank in charge of, among others,
Retail Banking, Wealth Management, Consumer Credit Risk, Portfolio Management
Consumer Credit Risk, Retail Credit Risk, Consumer Risk, Unsecured Risk Management,
Card Center, Credit Policy
• As an Auditor and Consultant at an International Public Accounting Firm;
• As an Executive Officer in National Banking with areas including Accounting, Finance,
Investor Relations, Treasury;
• As Member of the Indonesian Sharia Accounting Standards Council
• As Chief of Financing Business at National Scale Banking;
• As Senior Vice President of National Scale Banking
• As a member of the Board of Management in charge of Financing Business Planning &
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Support in National Banking.
4 males
4 Gender
1 female
scope and division of the Board Directors' duties
The division of duties, authority and responsibilities of the Board of Directors at BTPN Syariah is contained
in the Board of Directors' Decree regarding the Division of Duties, Authority and Responsibilities of the
Board of Directors Number SK.008/DIR/CSGC/IV/2023 dated April 12, 2023.
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good corporate governance
Name Position Duties and Responsibilities
1. Coordinating tasks among members of the Board of
Directors and being directly responsible for the Internal Audit,
Human Resources and Information Technology functions;
2. Together with other members of the Board of Directors,
Hadi Wibowo President Director coordinate, direct strategic policies and supervise all
operational activities of the Bank so that implementation
runs well and effectively;
3. Ensure the implementation of good Bank Governance at all
levels of the organization.
1. Coordinate and lead strategy in the areas of Compliance and
Risk Management;
Compliance Director 2. Ensure that all policies, provisions, systems and procedures
Arief Ismail (concurrently serving as as well as business activities carried out by the Bank are in
Corporate Secretary) accordance with applicable laws and regulations;
3. Ensure the implementation of good Bank Governance at all
levels of the organization.
1. Lead and coordinate strategies in Finance and Operations;
2. Ensure the implementation of good Bank Governance at all
Fachmy Achmad Director levels of the organization;
3. As Director carrying out functional duties of supervision over
Subsidiary Companies.
1. Lead and coordinate the development of Business Financing
(TUR);
Dwiyono Bayu Winantio Director
2. Ensure the implementation of good Bank Governance at all
levels of the organization.
1. Leading and coordinating in the areas of Funding and New
Business:
Dewi Nuzulianti Director
2. Ensure the implementation of good Bank Governance at all
levels of the organization.
afiliated relationships
Familial relationship with Financial Relationship with
Board of Board of Controlling Board of Board of Controlling
No Name Position Period
Commissioner Directors Shareholder Commissioner Directors Shareholder
President 2020 -
1 Hadi Wibowo None None None None None None
Director present
Compliance 2017 -
2 Arief Ismail None None None None None None
Director present
2020 -
3 Fachmy Achmad Director None None None None None None
present
Dwiyono Bayu 2021 -
4 Director None None None None None None
Winantio present
2023 -
5 Dewi Nuzulianti Director None None None None None None
present
concurrent position as members of the nomination and appointment mechanism
Board of Directors A Director can be nominated to be appointed as
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Regarding the disclosure of concurrent positions on a member of the Bank's Board of Directors if the
the Board of Directors, as of December 31, 2023, person concerned fulfills the terms and conditions
there are no members of the Board of Directors of the applicable laws and regulations, including
of BTPN Syariah who hold concurrent positions fulfilling each membership requirement criteria
as members of the Board of Commissioners,
as regulated in points 1.1 and 1.2 of the Directors'
Directors and Executive Officers at banking
Charter.
institutions, companies or other institutions
exceeding the maximum limit permitted in
accordance with the provisions.
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mechanism for dismissal and replacement Dismissal or replacement of members of the
of Board of Directors President Director and/or Director in charge
The GMS has the right to dismiss members of the of the compliance function (which is carried
Board of Directors at any time before their term of out before the term of office of the Directors
office ends. ends), must take into account, at least:
a. Must obtain OJK approval first before being
Members of the Board of Directors who are decided at the GMS.
dismissed for reasons: b. In giving approval, OKJ carries out an
a. Declared bankrupt; assessment of the feasibility of the
b. Placed under guardianship based on a court dismissal or replacement plan
decision; President Director and/or Director in charge
c. No longer meets the requirements; of the compliance function.
d. Dismissed by the GMS for other reasons or c. In the process of dismissal or replacement
considerations. as intended, the Bank submits a request to
the OJK, no later than 1 (one) month before
Must be given the opportunity to defend himself the planned implementation of the GMS
before the GMS makes a decision to dismiss him. which includes the dismissal or replacement
of the President Director and/or Director
A member of the Board of Directors does not need in charge of the compliance function,
to defend himself if the person concerned accepts containing information regarding:
his or her dismissal. 1. Reasons or considerations for dismissing
or replacing the President Director
The termination is effective as of: and/or Director who is in charge of the
a. GMS closing date; compliance function; And
b. Other dates determined at the GMS; 2. Can include profiles of potential
c. Other dates stipulated in applicable laws and replacements who are deemed to
regulations. meet the requirements for a capability
assessment and propriety.
Dismissal or replacement of members of
the Board of Directors (which is carried out d. In the event that the Financial Services
before the term of office of the Board of Authority assesses that the plan to
Directors ends), must take into account, at dismiss or replace the main director and/
least: or the director in charge of the compliance
a. Members of the Board of Directors are function is not feasible so:
deemed unable to carry out their duties and 1. The plan to dismiss or replace the
responsibilities in managing and implementing President Director and/or Director in
strategies Healthy bank; charge of the compliance function is not
b. Dismissal or replacement of members of approved by OJK; And
the Board of Directors is not based on the 2. Banks are prohibited from including an
subjective assessment of shareholders, however agenda for dismissal or replacement
based on an objective assessment regarding President Director and/or Director in
Bank management; charge of the compliance function at the
c. Dismissal or replacement of members of the GMS.
Board of Directors has gone through planning
and applicable mechanisms, at least pay policy on resignation of board of
attention to the assessment of the committee directors in case of involvement in
PT Bank BTPN Syariah Tbk | 2023 Annual Report
that carries out the nomination function and financial crimes
has been agenda in the GMS; Members of the Board of Directors are required
d. Dismissal or replacement of members of the to submit their resignation to the Bank if they
Board of Directors does not result in problems are involved in financial crimes as defined in
in the organization and business activities of accordance with the applicable provisions as
the Bank; regulated in the Guidelines and Rules of Work
e. The implementation of the dismissal or of the Board of Directors within the prevailing
replacement of members of the Board of regulations.
Directors prioritizes good communication
patterns from various parties related; And
f. This is done by prioritizing the implementation
of Good Governance in the Bank and prudential
aspects.
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good corporate governance
disclosure of the Board of Directors' share ownership
Disclosure of BTPN Syariah share ownership by members of the Board of Directors as of December 31,
2023:
Name Position Share Ownership Percentage Total Share Ownership
Hadi Wibowo President Director 0,00084% 64.800
Arief Ismail Director of Compliance 0,00254% 195.900
Fachmy Achmad Director 0,00045% 34.500
Dwiyono Bayu Winantio Director 0,00045% 34.600
Dewi Nuzulianti Director 0,00000% -
Note:
* Represents direct share ownership for the receipt of variable remuneration for members of the Board of Directors referring to Financial Services Authority Regulation Number 59/
POJK.03/2017 concerning the Implementation of Governance in Providing Remuneration for Sharia Commercial Banks and Sharia Business Units
orientation program for new members of
the Board of Directors is obliged to hold a Joint
the Board of Directors Board of Directors Meeting with the Board of
The Orientation Program is provided for new Commissioners as part of conveying the Board of
members of the Board of Directors with the aim Directors' accountability for strategic, financial,
of providing an understanding of the Bank's future operational aspects, internal control systems,
plans, and an overview of business activities, compliance, management. risk and corporate
in addition to providing knowledge regarding governance.
work guidelines and other matters that are the
responsibility of the Board of Directors. The Board of Directors' Meeting Schedule and
Agenda for 2023 have been approved by the Board
Throughout 2023, 1 new member of the Board of of Directors before the financial year ends through
Directors participated in the orientation. Memorandum Number M.005/DIR/CSGC/
XII/2022 dated 27 December 2022.
With this orientation program, BTPN Syariah
hopes that new members of the Board of Board of Directors meeting policy
Directors will be able to work in harmony with The Board of Directors' Meeting Policies are
the Bank's Governance organs. The materials in accordance with the latest Directors' Work
for this orientation program are included in the Guidelines and Rules, including:
Board of Directors Training List in the Corporate 1. The Board of Directors is obliged to hold regular
Governance Report in the 2023 Annual Report. Board of Directors meetings at least 1 (one)
time every month.
risk management certification 2. A Board of Directors meeting can be held if
As of 31 December 2023, all serving members of the majority of all members of the Board of
the Board of Directors have Risk Management Directors are present or represented.
Certification and/or have participated in the Risk 3. The Board of Directors is obliged to hold regular
Management Refreshment program as stated in meetings between the Board of Directors and
the Company Profile Chapter of this Annual Report. the Board of Commissioners at least once every
Certification and/or Risk Management Refreshment 4 (four) months.
program for the Board of Commissioners is in line 4. Board of Directors meetings can be attended
with OJK Regulation No. 24 of 2022 concerning by other invited parties, both internal and
Development of the Quality of Human Resources external parties to the Bank.
for Commercial Banks and OJK Circular No. 28/ 5. The Board of Directors schedules meetings
PT Bank BTPN Syariah Tbk | 2023 Annual Report
SEOJK.03/2022 concerning Risk Management for the following year before the end of the
Certification for Commercial Bank Human Resources. financial year.
6. At a meeting that has been scheduled as in
the Board of Directors' meetings and joint point (6.5), meeting materials are delivered to
meetings of the Board of Directors and Board participants no later than 5 (five) days before
of Commissioners the meeting is held.
In accordance with the provisions of the Articles 7. In the event that a meeting is held outside the
of Association, the Board of Directors is obliged schedule that has been prepared as intended,
to hold regular meetings at least 1 (one) time the meeting materials are delivered to the
every month and make a schedule regarding the meeting participants no later than before the
Board of Directors' Meetings for the following meeting is held.
books before the end of the current financial 8. Every policy and strategic decision must be
year. The Articles of Association also stipulate decided through a Board of Directors Meeting
that at least 1 (one) time in 4 (four) months, taking into account applicable regulations.
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9. The Directors' Meeting is chaired by the President concerned is obliged to state the reasons in
Director, or in the event of his absence, by writing in a separate letter attached to the
another Director appointed at the Directors' Minutes of Meeting.
Meeting which does not need to be proven to a 15. Minutes of Meetings are kept by the Corporate
third party. Secretary and distributed to all members of
10. Decision making at Board of Directors Meetings the Board of Directors based on requests from
is carried out based on deliberation and members of the Board of Directors.
consensus; 16. Invitations to Board of Directors Meetings can be
11. In the event that consensus deliberation does not submitted by electronic mail, registered letter or
occur, decisions are made based on the majority by delegation memo from the Board of Directors
vote. to the Corporate Secretary to submit a meeting
12. All decisions made legally at the Board of calendar to the Board of Directors for the current
Directors Meeting are binding on all members of year's meeting schedule with meeting times
the Board of Directors. and meeting agendas approved by the Board of
13. Differences of opinion that occur at a Board of Directors.
Directors Meeting must be stated clearly in the 17. A Board of Directors meeting is valid and has
minutes of the Meeting along with the reasons the right to make binding decisions if more than
for the difference of opinion. 1/2 (one half) of the total number of Directors
14. The results of the Board of Directors Meeting members are present or represented at the
must be stated in the Minutes of the Board of meeting.
Directors Meeting and properly documented: 18. A member of the Board of Directors may be
a. Minutes of Board of Directors Meetings are represented at a Board of Directors Meeting only by
recorded by the Company Secretary or a another Member of the Board of Directors based
party appointed at the Meeting to take notes. on a power of attorney. A Member of the Board of
b. The minutes of the meeting must be Directors can only represent 1 (one) other Member
distributed to all members of the Board of the Board of Directors.
of Directors present no later than 5 (five) 19. Members of the Board of Directors can
working days after the meeting to obtain participate in Board of Directors Meetings via
input. The Board of Directors must provide telephone conference, video conference or similar
their input no later than 2 (two) working communication systems whose use allows all
days after receiving the Minutes of Meeting. members of the Board of Directors present at
The Minutes of Meeting are deemed to be the meeting to see, hear and talk to each other.
approved by all members of the Board of The participation of the member of the Board
Directors present after the expiry of that time of Directors concerned in this manner must be
period. considered as the direct presence of the member
c. The Board of Directors may determine of the Board of Directors at the Board of Directors
another time period for the preparation of the Meeting and is counted in determining the quorum
Minutes of Meeting of the Board of Directors for the Meeting. Decisions taken at a Board of
in the event that there are special underlying Directors Meeting held in this manner are valid
conditions, and with the approval of the and binding. To Directors' Meetings in which
Compliance Director. members of the Board of Directors participate
d. The minutes of the Board of Directors in the manner described in number (19), all terms
Meeting are signed by all members of the and conditions regarding Directors' Meetings
Board of Directors present. contained in Article 6 of this Work Guide apply,
e. The results of the Meeting of the Board of with the following provisions:
Directors and the Board of Commissioners a. Members of the Board of Directors who
PT Bank BTPN Syariah Tbk | 2023 Annual Report
(as referred to in number (3) in the Directors' participate in the Board of Directors Meeting
Work Guidelines and Rules), must be stated in the manner described in this paragraph
in the Minutes of Meeting, signed by all cannot act as chairman of the meeting.
Members of the Board of Directors and b. Votes cast by members of the Board of
Members of the Board of Commissioners who Directors who participate in the Board of
are present and submitted to all Members of Directors Meeting in the manner described
the Board of Directors and Members of the in this paragraph are equated with valid
Board Commissioner. votes cast at the meeting.
f. In the event that there are members of the c. If during the Board of Directors Meeting
Board of Directors and/or Members of the there is damage or failure in the conference
Board of Commissioners who do not sign telephone, video conference or similar
the results of the meeting as referred to in communication means, then this does not
number (14) letters (d) and (e), the person affect the meeting quorum which has been
362
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good corporate governance
reached before the damage or failure occurs In 2023, the Board of Directors implemented face-
in the conference telephone, video conference to-face attendance of members of the Board of
or similar communication means. Members Directors at Board of Directors Meetings which has
of the Board of Directors who participate in adapted to the implementation of the government's
a Board of Directors meeting in this way are new normalization policy, as it has been determined
deemed not to have voted on the proposal that endemic status has been declared. The
submitted at the Board of Directors meeting mechanism for the Board of Directors Meetings
after damage or failure occurs in telephone remains combined with the availability of video
conferences or video conferences or similar conferencing as another alternative for holding
communication facilities. Directors' Meetings during 2023.
d. Minutes of the Board of Directors'
Meetings where the participation of meeting The Board of Directors has taken 14 (fourteen)
participants is carried out using telephone Circular resolutions in 2023, in this case in
conferences or video conferences or similar accordance with the provisions of the BTPN Syariah
communication equipment as described Articles of Association as well as the Board of
in number (19) will be made in writing and Directors' Work Guidelines and Rules (Charter)
circulated among all members of the Board which regulate the provisions of the Meeting that
of Directors participating in the meeting for the Board of Directors can also take legally valid
signature. If the minutes of the meeting are decisions and binding without holding a meeting of
prepared in the form of a notarial deed, then the Board of Directors, provided that all members in
the signatures of the participants in the office have been notified in writing and all members
Board of Directors Meeting are not required. of the Board of Directors in office have given their
20. The Board of Directors may also make valid approval regarding the proposal submitted in writing
decisions without holding a Board of Directors by signing the agreement. Directors' decisions taken
Meeting, provided that all members of the in this way have the same legal force as decisions
Board of Directors have been notified in writing legally taken at a Board of Directors meeting.
and all members of the Board of Directors have
given circular approval regarding the proposal During 2023, meetings between the Board of
submitted in writing by signing the circular Directors and the Board of Commissioners were held
approval. Decisions taken in this way have the 7 (seven) times out of a total of 4 (four) planned
same force as decisions legally taken at a Board meetings in accordance with the provisions for
of Directors Meeting. implementing GCG for Sharia Commercial Banks
21. Members of the Board of Directors cannot and the Board of Directors Charter and there were
make decisions at the Board of Directors no circular resolutions.
Meeting regarding matters where the Member
of the Board of Directors has a conflict of The mechanism for meetings between the Board
interest with the Bank unless otherwise of Directors and the Board of Commissioners will
determined at the Board of Directors Meeting. be implemented (Hybrid) online and face to face in
22. Coordination Meetings of the Board of 2023. This implementation has taken into account
Directors with the Sharia Supervisory Board the provisions of the Articles of Association as well
are held periodically at least once a year. as the Guidelines and Work Rules for the Board of
The Board of Directors and/or the Sharia Directors and/or Board of Commissioners which
Supervisory Board can determine a minimum regulate that Members of the Board of Directors
number of periodic meetings that is greater and/or Members of the Board of Commissioners
than this provision according to needs and can participate in Board of Directors meetings
agreement. and/or Board of Commissioners meetings via
PT Bank BTPN Syariah Tbk | 2023 Annual Report
telephone conference, video conference or similar
frequency and level of attendance of Directors communication facilities whose use can enable all
at Board of directors meetings and conferences members of the Board of Directors and/or Board
with the Board of Commissioners in 2023 of Commissioners present at the meeting to see,
During 2023, the Board of Directors has held hear and talk to each other.
meetings 48 (forty eight) times of 40 (forty)
planned meetings that have been scheduled in In accordance with the Board of Directors'
accordance with the provisions of the Board of Charter, invitations and materials for the Board
Directors' Charter and the applicable Articles of Directors' Meetings and Meetings of the
of Association of BTPN Syariah, as an effort to Board of Directors together with the Board of
implement GCG for Sharia Commercial Banks. Commissioners have been delivered to all meeting
participants before the meeting is held.
363
Page 366
Decision making at both Board of Directors During 2023, the number of meetings and
Meetings and at Joint Board of Directors Meetings attendance of members of the Board of Directors
with the Board of Commissioners has been at Board of Directors meetings and Joint
carried out on the basis of deliberation to reach Board of Directors meetings with the Board of
consensus. Commissioners have met the provisions.
There are no dissenting opinions on all meeting
decisions or on all agenda items for Board of
Directors meetings and joint Board of Directors
meetings with the Board of Commissioners during
2023.
Board of Directors meetings
Realization of Number of Meetings and Attendance of the Board of Directors at the Board of
Directors' Meetings and Joint Meetings of the Board of Directors and Board of Commissioners
in 2023
Total Attendance of Percentage of Number of Joint
Percentage of
Members of the Board Attendance of Meetings of the
attendance of the
Name of Member of the of Directors in the Members of the Board Board of Directors
Members of the
Board of Directors Board of Directors of Directors in the and the Board of
Board of Directors in
Meeting Board of Directors Commissioners
Joint Meetings
(Realization/Plan) Meeting (Realization/Plan)
Hadi Wibowo 41/36 100% 6/4 100%
Arief Ismail 40/36 100% 7/4 100%
Fachmy Achmad 39/36 100% 7/4 100%
Dwiyono Bayu
41/36 100% 6/4 100%
Winantio
Dewi Nuzulianti* 25/25 100% 3/3 100%
Note
*Effective as of the closure of the Annual GMS held on April 12, 2023.
Board of Directors Meeting Agenda in 2023
No Minutes of Meeting Number Date of Meeting Meeting Agenda
1. Internal Audit Dashboard Update
(as of December 31, 2023)
2. UPPK Update (as of December 31, 2023)
1 MOM.001/DIR/CSGC/I/2023 January 10, 2023
3. Daya Quarterly Update (as of December 31, 2023)
4. Corporate & Marketing Communication Quarterly
Update (as of December 31, 2023)
1. ALCO Update (as of December 31, 2022)
2. Financing Business Update (as of December 31, 2022)
3. Retail & Wholesale Funding Business Update
2 MOM.002/DIR/CSGC/I/2023 January 17, 2023
(as of December 31, 2022)
4. Operations Dashboard Update
(as of December 31, 2022)
PT Bank BTPN Syariah Tbk | 2023 Annual Report
1. Financial Performance & KSI Update
(as of December 31, 2022)
2. Penyesuaian RBB 2023 – 2025
3. Risk Management Committee Update
(as of December 31, 2022)
3 MOM.003/DIR/CSGC/I/2023 January 24, 2023
4. Anti Fraud Management Quarterly Update
(as of December 31, 2022)
5. Compliance Quarterly Update
(as of December 31, 2022)
6. IESBA Update
Internal Audit Dashboard Update
4 MOM.006/DIR/CSGC/II/2023 February 6, 2023
(as of January 31, 2023)
364
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good corporate governance
No Minutes of Meeting Number Date of Meeting Meeting Agenda
1. Financial Performance & KSI Update
(as of January 31, 2023)
2. ALCO Update (as of January 31, 2023)
5 MOM.008/DIR/CSGC/II/2023 February 13, 2023 3. Business Committee Update (as of January 31, 2023)
4. Financing Non TUR (as of January 31, 2023)
5. Retail & Wholesale Funding Business Performance
Update (as of January 31, 2023)
1. Risk Management Committee Update
(as of January 31, 2023)
2. IT Dashboard (including ITSC) Update
6 MOM.009/DIR/CSGC/II/2023 February 20, 2023
(as of January 31, 2023)
3. HC Dashboard (including HC Committee) Update
(as of January 31, 2023)
Internal Audit Dashboard Update
7 MOM.011/DIR/CSGC/III/2023 March 6, 2023
(as of February 28, 2023)
1. Financial Performance & KSI Update
(as of February 28, 2023)
2. ALCO Update (as of February 28, 2023)
8 MOM.012/DIR/CSGC/III/2023 March 13, 2023
3. Business Committee Update (as of February 28, 2023)
4. Retail & Wholesale Funding Business Performance
Update (as of February 28, 2023)
1. HC Dashboard Update (as of February 28, 2023)
2. Operations Dashboard Update
9 MOM.013/DIR/CSGC/III/2023 March 20, 2023 3. Resourcing Update (as of February 28, 2023)
4. Risk Management Committee Update
(as of February 28, 2023)
Proposed Changes to the Composition of the Board
of Directors and Board of Commissioners at PT BTPN
10 MOM.014/DIR/CSGC/III/2023 March 27, 2023
Syariah Ventura (BTPNS Ventura) at the BTPNS Ventura
Annual GMS to be held in 2023
1. Internal Audit Dashboard Update
(as of March 31, 2023)
11 MOM.015/DIR/CSGC/IV/2023 April 3, 2023 2. Daya Quarterly Update (as of March 31, 2023)
3. Corporate & Marketing Communication Quarterly
Update (as of March 31, 2023)
Financial Performance & KSI Update
12 MOM.016/DIR/CSGC/IV/203 April 10, 2023
(as of March 31, 2023)
Determination of the Division of Duties and Authorities
13 MOM.017/DIR/CSGC/IV/2023 April 12, 2023 of the Board of Directors and Determination of Alternate
Directors Post 2023 AGMS
1. ALCO Update (as of March 31, 2023)
2. Business Committee Update (as of March 31, 2023)
3. Retail & Wholesale Funding Business Performance
14 MOM.018/DIR/CSGC/IV/2023 April 17, 2023 Update (as of March 31, 2023)
4. Compliance Quarterly Update (as of March 31, 2023)
5. Anti Fraud Management Quarterly Update
(as of March 31, 2023)
Internal Audit Dashboard Update
15 MOM.020/DIR/CSGC/V/2023 May 8, 2023
(as of April 30, 2023)
1. Financial Performance & KSI Update
(as of April 30, 2023)
PT Bank BTPN Syariah Tbk | 2023 Annual Report
2. ALCO Update (as of April 30, 2023)
MOM.021/DIR/CSGC/V/2023
16 May 15, 2023 3. Financing Business Update (as of April 30, 2023)
4. Business Non TUR Update (as of April 30, 2023)
5. Retail & Wholesale Funding Business Performance
Update (as of April 30, 2023)
1. IT Dashboard (including ITSC) Update
(as of April 30, 2023)
MOM.022/DIR/CSGC/V/2023
17 May 22, 2023 2. HC Dashboard Update (as of April 30, 2023)
3. Resourcing Update (as of April 30 ,2023)
4. Operation Dashboard Update (as of April 30, 2023)
18 MOM.023/DIR/CSGC/VI/2023 June 5, 2023 Internal Audit Dashboard Update (as of May 31, 2023)
365
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No Minutes of Meeting Number Date of Meeting Meeting Agenda
1. Financial Performance & KSI Update
(as of May 31, 2023)
2. BOD Approval for RBB Revision 2023-2025
MOM.024/DIR/CSGC/VI/2023 3. BOD Approval for RAKB
19 June 12, 2023
4. ALCO Update (as of May 31, 2023)
5. Business Committee Update (as of May 31, 2023)
6. Retail & Wholesale Funding Business Performance
Update (as of May 31, 2023)
Risk Management Committee Update
20 MOM.025/DIR/CSGC/VI/2023 June 19, 2023
(as of May 31, 2023)
1. Internal Audit Dashboard Update (As of 30 June 2023)
2. UPPK Update (As of 30 June 2023)
MOM.026/DIR/CSGC/VII/2023
21 July 10, 2023 3. Daya Quarterly Update (as of 30 June 2023)
4. Corporate & Marketing Communication Quarterly
Update (as of 30 June 2023)
1. Anti Fraud Management Quarterly Update
MOM.027/DIR/CSGC/VII/2023
22 July 17, 2023 (as of June 30, 2023)
2. Compliance Quarterly Update (as of June 30, 2023)
1. ALCO Update (as of June 30, 2023)
2. Retail & Wholesale Funding Business Performance
Update (as of June 30, 2023)
MOM.029/DIR/CSGC/VII/2023
23 July 24, 2023 3. Business Committee Update (as of June 30, 2023)
4. Operations Dashboard Update (as of June 30, 2023)
5. HC Dashboard Update (as of June 30, 2023)
6. Resourcing Update (as of June 30, 2023)
24 MOM.030/DIR/CSGC/VIII/2023 August 7, 2023 Internal Audit Dashboard Update (as of 31 July 2023)
1. Financial Performance & KSI Update
(as of July 31, 2023)
2. ALCO Update (as of July 31, 2023)
25 MOM.031/DIR/CSGC/VIII/2023 August 14, 2023 3. Business Committee Update (as of July 31, 2023)
4. Business NON TUR (as of July 31, 2023)
5. Retail & Wholesale Funding Business Performance
Update (as of July 31, 2023)
Request for Board of Directors Approval for BTPN Syariah
26 MOM.032/DIR/CSGC/VIII/2023 August 14, 2023
Head Office Lease Extension for a period of 6 (six) years
1. Risk Management Committee Update
(as of July 31, 2023)
2. IT Dashboard (Including ITSC) Update
27 MOM.033/DIR/CSGC/VIII/2023 August 21, 2023
(as of July 31, 2023)
3. HC Dashboard Update (as of July 31, 2023)
4. Resourcing Update (as of July 31, 2023)
28 MOM.034/DIR/CSGC/IX/2023 September 4, 2023 Internal Audit Dashboard Update (as of August 31, 2023)
1. Financial Performance & KSI Update
MOM.035/DIR/CSGC/IX/2023 (as of August 31, 2023)
29 September 11, 2023
2. Retail & Wholesale Funding Business Performance
Update (as of August 31, 2023)
Proposed Changes to the Composition of the Board
MOM.036/DIR/CSGC/IX/2023 of Directors and Board of Commissioners at
30 September 11, 2023
PT Bank BTPN Syariah Ventura at the 2023 Extraordinary
GMS
1. Risk Management Committee Update
PT Bank BTPN Syariah Tbk | 2023 Annual Report
(as of August 31, 2023)
MOM.037/DIR/CSGC/IX/2023 2. ALCO Update (as of August 31, 2023)
31 September 18, 2023
3. Business Committee Update (as of August 31, 2023)
4. Operation Dashboard Update (as of August 31, 2023)
5. Resourcing Update (as of August 31, 2023)
1. Daya Quarterly Update (as of September 30, 2023)
2. Internal Audit Dashboard Update
(as of September 30, 2023)
32 MOM.038/DIR/CSGC/X/2023 October 9, 2023
3. Corporate & Marketing CommunicationQuarterly
Update (as of September 30, 2023)
4. HC Dashboard Update (as of September 30, 2023)
Financial Performance & KSI Update
33 MOM.039/DIR/CSGC/X/2023 October 11, 2023
(as of September 30, 2023)
Anti Fraud Management Quarterly Update
34 MOM.041/DIR/CSGC/X/2023 October 16, 2023
(as of September 30, 2023)
366
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good corporate governance
No Minutes of Meeting Number Date of Meeting Meeting Agenda
1. ALCO Update (as of September 30, 2023)
2. Bussiness Committee Update
(as of September 30, 2023)
35 MOM.042/DIR/CSGC/X/2023 October 23, 2023 3. Retail & Wholesale Funding Business Performance
Update (as of September 30, 2023)
4. Compliance Quarterly Update
(as of September 30, 2023)
36 MOM.043/DIR/CSGC/XI/2023 November 6, 2023 Internal Audit Dashboard Update (as of 31 Oktober 2023).
1. Financial Performance & KSI Update
(as of October 31, 2023)
37 MOM.044/DIR/CSGC/XI/2023 November 13, 2023 2. BOD Approval for RBB 2024 – 2026
3. BOD Approval for RAKB 2020 – 2024
(Update Indicator 2024)
1. ALCO Update (as of October 31, 2023);
2. Business Committee Update (as of October 31, 2023)
3. Business Non TUR Update (as of October 31, 2023)
4. Retail & Wholesale Funding Business Performance
38 MOM.045/DIR/CSGC/XI/2023 November 20, 2023 Update (as of October 31, 2023)
5. IT Dashboard (including ITSC) Update
(as of October 31, 2023)
6. Operations Dashboard Update
(as of October 31, 2023)
1. Internal Audit Dashboard Update
(as of November 30, 2023)
39 MOM.046/DIR/CSGC/XII/2023 December 4, 2023
2. Update Komite Kebijakan Pembiayaan
(as of 30 November 2023)
1. Financial Performance & KSI Update
(as of November 30, 2023)
2. ALCO Update (as of November 30, 2023)
40 MOM.047/DIR/CSGC/XII/2023 December 11, 2023 3. Business Committee Update
(as of November 30, 2023)
4. Retail & Wholesale Funding Business Performance
Update (as of November 30, 2023)
1. HC Dashboard Update (as of November 30, 2023)
41 MOM.048/DIR/CSGC/XI/2023 December 18, 2023
2. Resourcing Update (as of November 30, 2023)
Agenda for Joint Meeting of the Board of Directors and Board of Commissioners in 2023
No Minutes of Meeting Number Date of Meeting Meeting Agenda
Request for Approval from the Board of Commissioners for
1 MOM.004/DIR/CSGC/I/2023 January 25, 2023 Updating Data on the Bank's Business Plan for the 2023 – 2025
Period
Request for Audit Committee Recommendations,
Recommendations from the Board of Commissioners of
2 MOM.005/DIR/CSGC/I/2023 January 30, 2023 PT Bank BTPN Syariah Tbk and Recommendations from the
Board of Commissioners of PT BTPN Syariah Ventura regarding
the Implementation of IESBA
Financial Performance & KSI Update as well as Request for
3 MOM.007/DIR/CSGC/II/2023 February 8, 2023 Approval from the Board of Commissioners for the Publication of
the Annual Financial Report for December 31 2022
Request for Approval from the Board of Commissioners for
PT Bank BTPN Syariah Tbk | 2023 Annual Report
4 MOM.010/DIR/CSGC/II/2023 February 23, 2023 Readjustment of the Bank's Business Plan for the 2023 – 2025
Period
Financial Performance & KSI Update as well as request for
MOM.019/DIR/CSGC/IV/2023
5 April 18, 2023 Approval from the Board of Commissioners for the Publication of
Interim Financial Reports (unaudited) Position March 31 2023
1. Follow-up to the Board of Commissioners' Recommendations
at the April 18 2023 Meeting
MOM.028/DIR/CSGC/VII/2023
6 July 17, 2023 2. Financial Performance & KSI Update as well as Request for
Approval from the Board of Commissioners for the Publication
of Interim Financial Reports (unaudited) Position 30 June 2023
1. Follow-up to the Board of Commissioners' Recommendations
at the October 2, 2023 Meeting
2. Financial Performance & KSI Update as well as request for
7 MOM.040/DIR/CSGC/X/2023 October 16, 2023
Approval from the Board of Commissioners for the Publication
of Interim Financial Reports (unaudited) Position
30 September 2023
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Realizations of the Board of Directors Circular resolutions in 2023
No Circular Number Date of Meeting Regarding
Plan for Implementing the Annual General Meeting of
1 No.001/CIR/DIR/II/2023 February 15, 2023 Shareholders of PT Bank BTPN Syariah Tbk for the Financial
Year Ending 31 December 2022
Proposed Appointment of a Public Accountant (AP) and/or
Public Accounting Firm (KAP) to examine or audit the books of
2 No.002/CIR/DIR/III/2023 March 17, 2023
PT Bank BTPN Syariah Tbk for the financial year ending
31 December 2023
Proposed Decisions at the Annual General Meeting of
3 No.003/CIR/DIR/III/2023 March 27, 2023 Shareholders of PT Bank BTPN Syariah Tbk for the Financial
Year Ending on December 31, 2023
Approval of the Board of Commissioners for the Proposal
(2nd and 4th Agenda) at the Annual General Meeting of
4 No.004/CIR/DIR/IV/2023 April 10, 2023
Shareholders for the Financial Year Ending 31 December 2022
and Adjustment of Dividend Policy at PT Bank BTPN Syariah Tbk
Reappointment of the Corporate Secretary of PT Bank BTPN
5 No.005/CIR/DIR/IV/2023 April 12, 2023
Syariah Tbk
Risk Management Committee Recommendations Per March 31,
6 No.005A/CIR/DIR/IV/2023 April 17, 2023
2023
Composition of Board of Directors Level Committee Members
7 No.006/CIR/DIR/IV/2023 April 18, 2023
in 2023
Composition of Board of Directors Level Committee Members
8 No.007/CIR/DIR/V/2023 May 2, 2023
in 2023
Proposed Changes to the Composition of Members of the Audit
9 No.008/CIR/DIR/VII/2023 July 18, 2023 Committee, Nomination and Remuneration Committee and
Risk Oversight Committee for the 2023-2026 period
Risk Management Committee Recommendations Per June 30,
10 No.008A/CIR/DIR/VII/2023 July 18, 2023
2023
The Board Directors' Approval of Changes to the Composition
11 No.009/CIR/DIR/VII/2023 July 27, 2023
of the Third Sustainability Task Force
Proposed Changes to the Public Accountant (AP) as Person
Responsible for the Audit of Annual Historical Financial
12 No.010/CIR/DIR/IX/2023 September 11, 2023
Information at PT Bank BTPN Syariah Tbk for the Financial Year
Ending on December 31, 2023
13 No.010A/CIR/DIR/X/2023 Oktober 16, 2023 Recommendation of the Risk Management Committee at
PT Bank BTPN Syariah Tbk
14 No.011/CIR/DIR/XII/2023 December 28, 2023 Approval of the Board of Directors regarding the Board of
Directors Meeting Agenda for the year 2024 at PT Bank BTPN
Syariah Tbk.
Board of Directors meeting schedule
for 2024 of the Board of Directors' meeting agenda for
2024 and memorandum number M.015/DIR/
In accordance with the provisions of BTPN Syariah's CSGC/XII/2023 dated December 28, 2023.
Articles of Association, the Board of Directors is
obliged to hold regular Board of Directors meetings performance assessment of the Board of
at least 1 (one) time every month and make a Directors
schedule regarding Board of Directors Meetings
PT Bank BTPN Syariah Tbk | 2023 Annual Report
which will be held periodically for the following procedures for implementation of the Board of
financial year before the end of the current financial Directors performance assessment
year. The Articles of Association also stipulate that 1. The procedures for implementing the Board of
at least 1 (one) time in 4 (four) months, the Board of Directors Assessment at BTPN Syariah are as
Directors is obliged to hold a Joint Board of Directors stated in the Nomination and Remuneration
Meeting with the Board of Commissioners. Committee's Work Guidelines and Regulations,
taking into account the Articles of Association
The Board of Directors' Meeting Schedule and the Bank's internal policies.
and Agenda for 2024 have been approved by the 2. Performance assessment is carried out based
Board of Directors before the financial year ends on predetermined criteria taking into account
through Directors' Circular Decree duties and responsibilities in accordance
No. 011/CIR/DIR/XII/2023 dated 28 December with applicable regulations, the Articles of
2023 concerning the Board of Directors Approval Association and the Bank's Internal Policies.
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good corporate governance
3. The purpose of the performance assessment 4. Candidates who have been recommended by
is to serve as a basis for consideration for the the Nomination and Remuneration Committee
Nomination and Remuneration Committee in are submitted to the Board of Commissioners
providing recommendations to the Board of for approval and then submitted to the
Commissioners to reappoint members of the Financial Services Authority (OJK) for a Fit and
Board of Directors and as a consideration for Proper Test process.
preparing the remuneration of the Board of 5. After obtaining OJK approval, candidates
Directors and increasing the effectiveness of for members of the Board of Directors are
the Board of Directors' performance. nominated for approval by the GMS.
4. Performance Assessment is carried out
independently (Self Assessment) every year Board of Directors committees performance
to assess the Performance of the Board of assessment
Directors in a collegial manner. During 2023, Board of Directors Committees
have been actively involved in supporting the
self-assessment criteria for the Board of implementation of the Board of Directors' duties
Directors must at least contain: by ensuring that all strategies and initiatives have
1. Implementation of the Bank's overall strategy. been followed up in accordance with the provisions
2. Monitoring the Bank's overall strategy. for implementing good GCG for Sharia Commercial
3. Monitoring risk management in each area (risk Banks and in accordance with the Charter of each
management activities) and implementing the Committee.
principles of good corporate governance.
Further explanation regarding Board of Directors
performance evaluation of the Board of level committees can be found in the Corporate
Directors Governance Report in the 2023 Annual Report.
1. The Board of Directors is obliged to review the
management performance carried out by the report on the implementation of duties
Board of Directors during the financial year and and responsibilities of Board of Directors
report it once a year. During 2023, the Board of Directors has
2. As part of the performance evaluation, the carried out duties and responsibilities for the
Board of Directors must ensure that the implementation of management at BTPN Syariah.
composition and qualifications of the Board of
Directors are met. Implementation of the duties and responsibilities
3. The Board of Directors' Performance of the Board of Directors in 2023 includes:
Evaluation Report is reported to Shareholders
at the GMS and included in the Annual Report. 1. alignment of mission and vission
4. Evaluation of the performance of members In line with the implementation of Good
of the Board of Directors is carried out by the Corporate Governance Principles, the Board
Nomination and Remuneration Committee of Directors of BTPN Syariah has reviewed the
based on input from the President Director. suitability of the Mission and Vission with the
5. The results of the performance evaluation of Bank's business plans and initiatives every year.
members of the Board of Directors become
guidelines in determining the nomination and That the alignment of the Bank's Mission and
remuneration of the relevant members of the Vission and Core Values is considered to remain
Board of Directors. relevant as stated in the Bank's Business Plan
2023-2025, 2024-2026 and RAKB 2020-2024
the Board of Directors succession (2024 Indicators) and has received approval
PT Bank BTPN Syariah Tbk | 2023 Annual Report
at the Board of Directors and Board of
nomination of members of the Board of Commissioners meeting on November 22, 2023
Directors • Mission: Together, we create opportunities
1. The selection of candidates for the Board of for growth and a more meaningful life.
Directors is not based on discrimination of • Vision: To become the best Sharia Bank,
ethnicity, race, religion, nationality and gender. for inclusive finance, changing the lives of
2. Selection is based on individual qualifications millions of Indonesians.
and organizational needs and diversity of • Core Values: PRISMA.
background skills and experience.
3. The selection process is carried out by the 2. support to the Government, among others
Nomination and Remuneration Committee 1. In compliance with POJK.17.POJK.03/2021
through evaluation of qualification fulfillment which is the Second Amendment to the
and an interview process. Financial Services Authority Regulation
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Number 11/POJK.03/2020 concerning safety at all levels of the organization in
National Economic Stimulus as a a coordinated manner through Business
Countercyclical Policy on the Impact of the Continuity Management assisted by Safety
Spread of the 2019 Coronavirus Disease, and Security Unit, until the endemic status
and Financial Services Authority Regulation is declared at the end of June 2023.
Number 48 /POJK.03/2020 In 2020 6. Collaboration with the Ministry of
Amendments to Financial Services Authority Education, Culture, Research and
Regulation Number 11/POJK.03/2020 Technology (Kemendikbudristek)
concerning National Economic Stimulus as • In line with the fulfillment of POJK
a Countercyclical Policy on the Impact of No.76/ POJK.07/2016 concerning
the Spread of Corona Virus Disease 2019, the Increasing Literacy and Financial
Board of Directors supports the Government Inclusion in the Financial Services
by continuing the policy of providing relaxation Sector to expand and improve customer
of financing to affected customers through services, especially for financing
participation Bank in the 2023 National customers to gain financial literacy. The
Economic Selection Program. Board of Directors has given approval
2. In compliance with Minister of Finance for collaboration with the Ministry of
Regulation (PMK) Number 71/PMK.08/2020 Education and Culture in organizing
of 2020 concerning Procedures for the Certified Independent Study and
Government Guarantees through Appointed Internship Program (MSIB), which is
Guarantee Business Entities in the Context one of the programs of the Independent
of Implementing the National Economic Campus Learning (MBKM) policy, in terms
Recovery Program T.E.U. Indonesia, Ministry of of funding internships for 100 Batch 3
Finance and PMK Number 28/PMK.08/2022 students in semester 2 of 2022.
Amendment to Regulation of the Minister of • Based on the results of the evaluation
Finance Number 71/PMK.08/2020 concerning regarding the implementation of the
Procedures for Government Guarantees Batch 3 internship program in 2022
through Guarantee Business Entities which went well, the MBKM Ministry
Appointed in the Context of Implementing of Education Buristek re-trusted BTPN
the National Economic Recovery Program, Syariah to increase the number of student
the Board of Directors has given approval quotas in Batch 4 in semester 1 of 2023 to
BTPN Syariah's participation in providing 539 people, which was then successfully
financing for MSMEs during 2023; fulfilled by 524 student.
3. The Board of Directors has agreed to • In the next batch in semester 2 of 2023,
continue developing home renovation namely Batch 5, BTPN Syariah succeeded
products in collaboration with the Ministry in continuing collaboration with MBKM
of Public Works and Public Housing (PUPR) Kemendikbudristek to increase the quota
in 2023; number by 1,510 students which was
4. The Board of Directors has approved then fulfilled by 1,125 students.
the Daya Digital Platform, a platform • At the end of 2023, the MBKM Ministry
to increase customer engagement and of Education and Culture and BTPN
continue collaboration with universities Syariah collaborated again and agreed
and the Government in the Independent on the MSIB Batch 6 Program with
Campus Learning Program (MBKM). The an even larger quota, namely 2,024
bank opens opportunities for students students, which will run in the 2024
to play a role in providing empowerment semester.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
through one-on-one assistance to financing 7. Development of collaboration with the
customers. The purpose of this assistance Ministry of Education and Culture with the
is intended to grow the ability of customers theme "Optimization and Innovation of
and their families to have a better life so as Talent for the Company's Future Through
to create a sustainable relationship between the Independent Campus Internship
customers and the Bank. Program" on October 9-10, 2023. This
5. In line with the Government's direction event is a strategic and innovative
regarding work health and safety discussion platform between the company
protocols during the pandemic in early and the Directorate General of Higher
2023, the Board of Directors has approved Education - Ministry of Education,
comprehensive supervision of all employees Culture, Research and Technology to
over work mechanisms that prioritize work formulate collaborations that suit the
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good corporate governance
company's needs and desires as well as a. Carry out dividend distribution based on
to explore more deeply the integration the performance of the financial year
of the Independent Campus Internship ending October 26, 2023 based on the
Program into the company ecosystem in approval of the 2023 Annual GMS with a
order to produce maximum impact and payment date of May 12, 2023.
meet the need for quality talent and initiate That the distribution of dividends aims
innovation. to uphold the rights of shareholders
8. Exploring cooperation with the Coordinating and continuously increase the trust
Ministry for Economic Affairs of the Republic of shareholders and investors in the
of Indonesia regarding the "Exploration results of the development of a healthy
of Collaborative Pre-Employment Card sharia banking industry in BTPN
Empowerment Program" in January Syariah.
2023, followed by a strategic discussion b. Carry out the appointment of Public
"Exploratory Discussion of Collaborative Accountants and Public Accounting
Collaboration on Community Economic Firm Sidharta Widjaja and Rekan
Empowerment and Entrepreneurship (an Indonesian partnership and
Programs" on April 13, 2023. member firm of KPMG network of
9. Exploring cooperation between BTPN independent members affiliated with
Syariah and KNEKS regarding the Free KPMG International Cooperative as
Halal Certification Companion Training External Auditors, taking into account
Program (SEHATI) for Micro and Small the recommendations of the Audit
Business Actors on September 13, 2023 Committee and approval of the Board of
which aims to implement halal certification Commissioners.
companion training for students and That the Bank has submitted the
mentors involved in the Bestee Program, Report on the Appointment of Public
especially in Batch-5, semester 2 of 2023. Accountants and Public Accounting
This collaboration is carried out to improve Firms for the Audit of Annual Historical
service and engagement with BTPN Syariah Financial Information on December 31,
financing customers, especially those in 2023 to the Sharia Banking Supervisory
the food and beverage business type so Financial Services Authority with a copy
that their products receive official halal to the Banking Licensing and Information
certification. Department;
10. Exploring collaboration between BTPN c. Set aside net profit as mandatory
Syariah and the Ministry of Social Affairs on reserves;
the topic "Exploring Collaborative MSME d. Report changes to the composition
Empowerment Programs" in February of members of the Board of Directors
2023. and Board of Commissioners in 2023 in
A complete explanation of BTPN Syariah's accordance with provisions;
programs and policies can be found in the
Financial Performance, Business Review and 5. The Board of Directors has submitted
DAYA Program presentation in this 2023 Information Disclosure and Reports in a
Annual Report. timely manner throughout 2023
6. The Board of Directors communicates
3. fulfillment of commitments to the Consolidated Financial Report, Bank
shareholders, among others Business Plan and Corporate Plan to the
1. The Board of Directors has followed up on Parent Entity within the Financial Group
PT Bank BTPN Syariah Tbk | 2023 Annual Report
the 2019 Extraordinary GMS Resolution by throughout 2023
transferring the third treasury shares to
Material Risk Takers with a distribution date 4. implementation of good corporate
of January 25, 2023; governance principles, among others
2. The Board of Directors has submitted an 1. The Board of Directors has ensured the
accountability report to Shareholders at the implementation of good GCG principles at
Annual General Meeting of Shareholders on all organizational levels in the Bank.
April 12, 2023
3. The Board of Directors has carried out the To strengthen the implementation of
Annual Public Expose on October 26, 2023; GCG principles, the Board of Directors
4. The Board of Directors has followed up on has established policies based on the
the Decisions of the 2023 Annual General implementation of Financial Services
Meeting of Shareholders, including: Authority Regulation (POJK)
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Number 17 of 2023 concerning Public 4. The Board of Directors, supported by a
Company Governance, complementing the Committee at the same level as the Board
implementation of regulatory provisions of Directors, has conducted a review of the
related to good GCG implementation, company's material control, which includes
including Bank Indonesia Regulation Number the areas of operations, finance, compliance
11/33 /PBI/2009 concerning Implementation and the Bank's risk management system,
of Good Corporate Governance for Sharia internal control system, human resource
Commercial Banks and Sharia Business development, business plan development,
Units and POJK No 21/POJK.04/2015 formulation of strategic initiatives in
concerning Implementation of Public business competition, maturity information
Company Governance Guidelines. technology readiness, financing policies;
5. The Board of Directors has conducted
In line with the footsteps of implementing studies and given approval, including:
GCG principles at BTPN Syariah for a. Annual Report for the 2022 financial year;
more than a decade, the implementation b. Sustainability Report for the 2022 financial
of GCG principles is accompanied by year;
quality improvements by adopting the c. Bank Business Plan (RBB) and RBB
latest ASEAN SCORECARDS which were Revision for the 2024-2026 Period as
published in 2023 and gradually continue well as commitment to monitoring the
to improve the quality from time to time. In realization of the RBB in periodic reports
particular, the factors that have improved to the OJK;
in the last three years are the Bank's d. Sustainable Financial Action Plan (RAKB)
increasingly focused focus on shareholder 2020-2024 (2024 Indicators) as well as
rights, disclosure and transparency as well as commitment to monitoring the realization
the responsibilities of the Board of Directors of the Bank's Sustainable Financial
and Board of Commissioners. In addition, the Action Plan together with the Board of
Bank continues to strive to maintain good Commissioners every year;
values for equal treatment of shareholders e. Corporate Plan and Revised Corporate
and optimal role of stakeholders. Plan 2022-2031;
2. The Board of Directors has implemented f. Update on the 2023 Board of Directors
sustainable finance in line with POJK Charter
Number 51/POJK.03/2017 and POJK 17 g. Changes to the Composition of
of 2023 concerning Implementation of Committees at the Board of Directors
Governance for Commercial Banks in level in 2023
the context of implementing sustainable h. Implementation of GCG Self-
financial actions to provide real and Assessment in 2023
positive contributions to the stability of 6. The Board of Directors has submitted an
the financial system in Indonesia . Through accountability report on the performance of
the policies of the Board of Directors, the financial year ending December 31, 2022
BTPN Syariah continues to support the to Shareholders through holding an Annual
Government in realizing sustainable General Meeting of Shareholders on April
development that is able to maintain 12, 2023 and an Annual Public Expose on
economic stability and is inclusive and October 26, 2023
prioritizes harmony between economic, 7. The Board of Directors has implemented
social and environmental aspects. POJK 16 of 2022 regarding Banking
3. The Board of Directors has ensured that the synergies in collaboration with BTPN as the
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Bank fulfills its duties and responsibilities Parent Entity as outlined in 10 cooperation
as well as its obligations to Regulators, agreements;
through Information Disclosure regarding 8. The Board of Directors has followed up
the presentation of Annual Reports, on audit findings and recommendations
Sustainability Reports, Interim Financial from the Bank's internal audit work unit,
Reports, Annual and Consolidated Financial external auditors, recommendations from
Reports through regulatory and public the supervision of the Financial Services
reporting systems, as well as being available Authority;
on the Bank's Website as required for a 9. The Board of Directors has ensured that the
public company and sharia commercial Bank's soundness level is maintained and
bank; the implementation of a Compliance culture
which is reflected in the fulfillment of a
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good corporate governance
well-maintained prudential ratio, there are 4. In providing the best service for funding
no significant fines from regulators and the customers, the Board of Directors has
compliance risk profile parameters show a given approval to make improvements to
positive value; internal policies and procedures, including
10. The Board of Directors prioritizes the improvements to the Internet Banking and
implementation of a culture of compliance, Mobile Banking Service features which have
including the implementation of anti- been active since 2022;
money laundering and preventing terrorist 5. In providing the best service for corporate
financing through (APU/PPT) and anti- customers, BTPN Syariah has provided
fraud, funding distribution to multi-finance
companies that have similar goals in line
5. fulfillment of commitments for bank with BTPN Syariah's sustainability goals;
business development and to customers,
among others 6. fulfillment of commitments to the
1. The Board of Directors has optimized community, among others
opportunities to make various 1. The Board of Directors approves
breakthroughs by utilizing technology for development programs for communities
good and building the aspirations of the that have the potential to be further
Sharia Digital Ecosystem for Mass Market developed in terms of entrepreneurship,
through its Subsidiary, PT BTPN Syariah health and the environment as well as
Ventura. This aspirational development helping to provide access to new markets
aims to adapt to the changing needs of both online and offline through customer
customers, ensure that there is an increase assistance programs through empowerment
in the welfare of pre/moderately prosperous training on digital marketing literacy so that
customers, as well as having the opportunity the products produced by customers being
to serve more customers in a sustainable able to have high competitiveness with
manner; other local products in the hope that this
2. In providing the best service for financing can increase their income capacity;
customers, the Board of Directors prepares 2. The Board of Directors has approved the use
various development program policies, of the Poverty Probability Index (PPI issued
ensures the availability of infrastructure by Innovation for Poverty Action which is
development programs, develops service specific to the user country) to measure
features according to the needs of customers the social performance of the Bank's
and the surrounding community, is equipped financing customers. Some of the things
with programs for implementing financial that are measured include improvements
literacy education programs, new footprints, in the education of customers' children,
as well as providing assistance and improvements in toilets, reductions in
empowerment. The Bank continues to household carbon emissions as indicated by
implement this to provide people who the shift from using firewood for cooking;
think positively in carrying out business 3. Through the Board of Directors' policy to
continuity and social life. continue collaboration with universities and
the Government in the Independent Campus
Further explanation regarding the customer Learning Program (MBKM), opportunities
sharing program can be found in the are opened for students to play a role in
Business Review in this 2023 Annual Report providing empowerment activities and one-
on-one assistance to financing customers
PT Bank BTPN Syariah Tbk | 2023 Annual Report
3. In line with the key strategic initiative to spread across the region. regions in
expand and improve customer services and Indonesia, which directly improve the skills
increase customer engagement, especially and business abilities of customers and their
for financing customers to obtain halal families;
certification, in 2023 the Board of Directors 4. The presence of a Subsidiary, BTPN Syariah
has given approval for cooperation between Ventura, which has been formed and is
BTPN Syariah and KNEKS in terms of expected to accelerate the realization of
providing training to accompany halal a sharia digital ecosystem more precisely
certification for a number of 29 student and efficiently through collaboration with
interns and 20 mentors who will accompany strategic partners who have the right digital
financing customers so they can obtain halal competence and a similar vision.
certification by self-declaration.
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7. supervision of subsidiaries, among others 9. fulfillment of commitments to strengthen
1. The Board of Directors supervises bank infrastructure, among others
Subsidiaries regarding the implementation 1. The Board of Directors has conducted a
of GCG principles, Sharia Principles and review of the Bank's infrastructure in the
compliance, implementation of Risk form of updating and refining the Bank's
Management, monitoring of Financial and main policies, operational policies and
Non-Financial Performance, quality sharia internal procedures by taking into account
services and timely reporting; the review of risk management, compliance,
2. Representing BTPN Syariah as controlling legal and information security and
shareholder in BTPN Syariah Ventura, applicable regulations;
a. The Board of Directors has given 2. The Board of Directors approves the
approval to the Decisions taken at the implementation of Office Network
Annual General Meeting of Shareholders optimization during 2023;
and Extraordinary Shareholder Meeting 3. The Board of Directors has approved
of BTPN Syariah Ventura in 2023; improvements to the empowerment
b. The Board of Directors has given platform that provides customers with
approval to strengthen the composition access to knowledge and access to a
of the Board of Directors and Board larger market to improve the quality of
of Commissioners at BTPN Syariah customer empowerment. This digital
Ventura through changes to the platform also provides opportunities for
composition of the Board of Directors employees and other stakeholders to
and Board of Commissioners at the participate in providing real support in
Annual General Meeting of Shareholders various forms to productive pre-financial
and Extraordinary General Meeting of inclusion customers;
Shareholders in 2023; 4. The Board of Directors agreed to continue
c. The Board of Directors supervises implementing Operational Excellence by
the fulfillment of the duties and digitizing and automating operational
responsibilities of Bank Executive processes and other supporting functions,
Officers who receive management and centralizing processes, exploring and
supervision duties at BTPN Syariah evaluating the Bank's operational work
Ventura; processes so as to create more effective
d. The Board of Directors has ensured the and efficient processes with better quality.
conformity of the Bank's Business Plan The automation process includes, among
and Sustainable Financial Action Plan others, RPA for reconciliation needs, the use
with the Business Plan and Sustainable of chatbots for the needs of response service
Financial Action Plan of BTPN Syariah centers or other work units, apart from that,
Ventura the automation process with H2H will also
be carried out for registration and insurance
8. fulfillment of commitments to claims processes;
stakeholders, among others 5. The Board of Directors approved
1. The Board of Directors has carried strengthening the Bank's information
out the 2023 Annual Public Expose on technology through a policy of developing and
the company's financial performance modernizing data warehouse infrastructure
as an effort to improve the quality of and data analytic platforms to support
communication with shareholders and accurate decision making and reporting,
investors; increasing DC and DRC capabilities and
PT Bank BTPN Syariah Tbk | 2023 Annual Report
2. The Board of Directors has implemented information system security capacity.
information disclosure and submitted 6. The Board of Directors approved the
regular mandatory and incidental reports completion of the treasury system
to Regulators and the Public through development which aims to improve the
Regulatory reporting media and the control process and support liquidity
Company Website in 2023. management.
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good corporate governance
10. fulfillment of commitments on the 12. fulfillment of commitments to employees,
implementation of banking synergies, among others
among others 1. The Board of Directors continues the policy
1. The Board of Directors has approved the of strengthening human resources and the
formation of a Work Unit to supervise organization at all levels during 2023;
Banking Synergy Monitoring at BTPN 2. The Board of Directors has approved policies
Syariah and the Implementation of for developing the quality of long-term
Governance within the financial group in human resources, honing internal talents
coordination with BTPN and BTPN Syariah and preparing career paths, providing
Ventura; scholarships and long-term benefits,
2. The Board of Directors carries out insurance and health facilities in 2023;
monitoring of the implementation of 3. The Board of Directors has approved
Banking Synergy through the continuation the improvement of human resource
of the Cooperation Agreement with BTPN competency and follow-up efforts for its
and BTPN Syariah Ventura during 2023 development, including those related to
3. Representatives of the Board of Directors competency in the field of risk management
attend regular banking synergy monitoring for employees according to their field of
coordination meetings and governance duties as regulated in the provisions for
coordination meetings with the Parent implementing risk management for sharia
Entity in 2023 commercial banks;
4. The Board of Directors has communicated 4. The Board of Directors has approved
the implementation of banking synergy performance bonuses and employee salary
on a semi-annual basis to the Board of adjustments as well as the provision of a
Commissioners in 2023; long term compensation program for Senior
5. The Board of Directors has reported the Employees in 2023;
implementation of Banking Synergy during 5. The Board of Directors establishes a policy
2023 to the Regulator; of no employee reductions during 2023;
6. The Board of Directors has established
11. fulfillment of commitments for a working mechanism for a hybrid work
implementing sustainable financial system without compromising the timely
actions, among others fulfillment of key performance initiatives in
1. There is a representative of the Board of 2023.
Directors who carries out direct supervision 7. The Board of Directors has established
over the implementation of sustainable policies to improve the recruitment
financial actions at BTPN Syariah; process to fulfill employees better and
2. The Board of Directors has prepared, faster, develop capabilities through talent
approved and submitted a Sustainable management and learning systems and
Financial Action Plan for the 2020-2024 strengthen talents in non-TUR businesses in
Period to the OJK; 2023.
3. The Board of Directors has ensured the
implementation of sustainable initiatives
assessed from environmental, social,
economic and governance aspects
as stated in the 2022 financial year
Sustainability Report which was submitted
to stakeholders in 2023;
PT Bank BTPN Syariah Tbk | 2023 Annual Report
4. The Board of Directors has communicated
the implementation of the 2023 RAKB
initiatives to Shareholders at the Annual
General Meeting of Shareholders in 2023.
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flow of the appointment and appointment process for members of the Board of
Directors, Board of Commissioners and Sharia Supervisory Board at BTPN Syariah
Proposal of candidates for the
Board of Commissioners, Sharia
Supervisory Board, and the Board
of Directors from the
Proposal
Submission of proposal of
Shareholders/Board of Directors/
candidates for the Board of
Board of Commissioners
Commissioners, Sharia
Supervisory Board, and the Board
of Directors to the Nomination
and Remuneration Committee
Selection process by the
Nomination and Remuneration
Selection & Recommendation
Committee includes:
1. Analysis of the candidate’s
competence and background
Submission of FnPT 2. Interview (when needed)
process to OJK (*)
Approval from BI/OJK on the
Submission of recommendations proposal of of candidates for the
by the Nomination and Board of Commissioners, Sharia
Remuneration Committee to the Supervisory Board, and the Board
Board of Commissioners of Directors
The Board of Commissioners
proposes to the GMS candidates
for the Board of Commissioners,
Sharia Supervisory Board, and the
Board of Directors by keeping in
mind the recommendations from
GMS the Nomination and
decision on the membership Remuneration Committee
composition of the Board of
Decision
Commissioners, Sharia
Supervisory Board, and the
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Board of Directors
Announcement and disclosure of
information on the changes in the
composition of the Board of
Commissioners, Sharia
Supervisory Board, and the Board
of Directors to OJK, IDX, and
other related institutions including
the public, as well as disclosing it
on the website
* (*) FnPT proposal to OJK for members of the Board of Commissioners, Sharia Supervisory Board, and the Board of Directors
may be done after GMS
* Proposal of FnPT for Sharia Supervisory Board after obtaining recommendation from National Sharia Council
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Training and Refreshment of
THE BOARD OF COMMISSIONERS, BOARD OF
DIRECTORS, AND INDEPENDENT PARTIES
The Board of Commissioners and the Board of Commissioners
No Description Member Date Location
1 FGD Finance Direktorat Board of Directors January 10, 2023 Jakarta
2 Workshop BCM Collaboration "Readiness BCM Team Board of Directors February 2-4, 2023 Jakarta
2023”
3 Training ISO27001 Awareness Board of Directors February 8, 2023 Jakarta
4 Workshop of Indonesia Corporate Secretary Board of Directors March 14, 2023 Jakarta
Association (ICSA): Pelaksanaan RUPS melalui eASY.
KSEI
5 Leadership for System Change: Delivering Social Board of Directors March 18-25, 2023 Jakarta
Impact at Scale (Harvard Kennedy School)
6 Fintech Policy Forum 2023 - Seri I Board of Directors May 16, 2023 Jakarta
7 Refreshment Mandatory - Independent learning Board of Directors 25 Mei 2023 Jakarta
(APU PPT, Compliance, Anti Fraud Management,
Handling Consumer Complaints, Consumer Protection,
Basic Sharia Banking Training, Information Security
Awareness, Entertainment & Gifts, Risk Awareness,
and Code of Conduct)
8 Economic Outlook Update Board of Directors June 6, 2023 Jakarta
9 Introduction Leaders Program Board of Directors June 14, 2023 Jakarta
10 Townhall dalam lingkup Group Keuangan SMBC Board of August, 8 2023 Jakarta
Commissioners
and Board of
Directors
11 Get to Know More About the Regulations on the P2SK Board of Directors August 10, 2023 Jakarta
Law in the Context of Strengthening the Non-Bank
Financial Industry (IKNB)
12 The Corporate Governance Officer’s Role in Driving Board of Directors October 12, 2023 Jakarta
Digital Resilience
13 Refreshment Executive, Sertifikasi Kompetensi Bidang Board of Directors November 27, 2023 Jakarta
Treasury Dealer
14 Fintech Policy Forum 2023 - Seri I Board of May 16, 2023 Jakarta
Commissioners
15 Economic Outlook Update Board of June 6, 2023 Jakarta
Commissioners
PT Bank BTPN Syariah Tbk | 2023 Annual Report
16 Risk Management Refreshment Program for Executives Board of September 12, 2023 Jakarta
Commissioners
17 Risk Beyond 2023 Board of December 7-8, 2023 Denpasar
Commissioners Bali
18 Townhall dalam lingkup Group Keuangan SMBC Board of December, 8 2023 Jakarta
Commissioners
and Board of
Directors
Independent Party
No Description Member Date Location
1 Level 4 Certificate Refreshment in Banking Risk Independent October 30, 2023 Jakarta
Management Party
2 Risk Beyond 2023 Independent December 7-8, 2023 Denpasar Bali
Party
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The Board of Directors'
COMMITTEES
asset and liabilities management committee (ALCO)
In accordance with the latest Board of Directors Decree No. SK.010C/DIR/CSGC/V/2023 dated May
2, 2023 concerning the determination of the Composition of ALCO Members, the membership of the
Committee is ex officio and consisting of at least:
Committee Composition Ex Officio Membership
Committee Chairman Director in charge of Finance, Treasury & Operations
Executive Officer in charge of Treasury & Financial Institutions (FI)
Committee Secretary
appointed by the Director in charge of Finance, Treasury & Operations
Committee Member President Director
Committee Member Director in charge of Funding & New Business
Members with
Voting Rights Committee Member Director in charge of Financing Business
Committee Member Executive Officer in charge of Risk Management
Committee Member Executive Officer in charge of Financing Business Planning & Support
Committee Member Executive Officer in charge of Retail & Wholesale Funding
Committee Member Executive Officer in charge of Business Development
The official appointed by the Executive Officer in charge of Risk
Members Regular Invitee
Management, namely an official in charge of Liquidity & Market Risk
without Voting
Rights The official appointed by the Executive Officer in charge of Treasury & FI,
Regular Invitee
namely an official in charge of Treasury & FI
The formation of ALCO has fulfilled and taken into account the applicable requirements and competencies
in accordance with GCG principles.
ALCO duties and authorities
ALCO's duties and responsibility according to the latest ALCO Charter No.06/PedomanKerja/CSGC/
XII/2023 dated December 30, 2022, are as follows:
1. Develop, review and determine strategies, guidelines and policies related to Asset Liability
Management (ALMA).
2. Regularly monitor the bank's liquidity position through the development of primary and secondary
reserves.
3. Regularly monitor developments and strategies for third party funds and financing.
4. Review developments and projections of the overall macroeconomic situation, both global, domestic
and industrial, to direct the policies and strategies set.
5. Determine signs/limits and instructions for managing and controlling risks that have an impact on
Liquidity Risk (Liquidity Management) and Market Risk (Market Risk).
6. Evaluate and determine prices (pricing) of the Financing and Funding Rate of Return and Funds
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Transfer Price (FTP) or inter-office account incentives to optimize the results of investing funds,
minimize the cost of funds, and maintain the Bank's balance sheet structure in accordance with the
Bank's ALMA strategy.
7. Evaluate the Bank's reward rate risk position and ALMA strategy to ensure that the results of the
Bank's risk taking position are consistent with the reward rate risk management objectives.
8. Reviewing the performance and position of the Bank's financial assets and liabilities to assess the
impact of previous Committee decisions on the Bank's objectives.
9. Evaluate actual results with budget projections or the Bank's business plan.
10. Convey information to the Board of Directors regarding any developments in related provisions and
regulations that influence ALMA's strategy and policies.
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ALCO committee report
In 2023, ALCO convened 12 (twelve) regular meetings in second week of every month, that were attended
both in person and online and issued 3 (three) circular resolution.
All meetings have complied with the provisions of the ALCO Charter.
The ALCO Committee has discussed and provided recommendations to the Board of Directors during
2023, including regarding macroeconomic conditions globally, domestically and industrially, forecasting and
pricing for funding and financing, funding concentration, measurement and supervision of liquidity risk,
market risk, return risk. results, which include a review of the threshold/limits of existing risk measurement
and monitoring tools which are risk control tools, determining gross yield, management of primary
reserves and secondary reserves which are treasury assets of the Bank, development of the money market
and fixed income market, discussion regarding the composition of deposit rewards based on categories,
conducting outreach on new Treasury instruments, both money market instruments and fixed income
instruments, outreach on the latest regulations related to Treasury.
The ALCO Committee has produced various strategic decisions in managing the Bank's assets and
liabilities to ensure adequate Bank liquidity, optimize the management of the Bank's ALMA, and
implement Bank policies to deal with various pressures on inflation which have resulted in an increase in
the market benchmark interest rate during 2023.
ALCO committee meetings
Total Meetings Percentage of Attendance
Name Position
(Realization/Plan) Over Meeting Plan
Fachmy Achmad Committee Chairman 12/12 100%
Antonius Priyadi Committee Secretary 12/12 100%
Hadi Wibowo Committee Member 11/12 92%
Dwiyono Bayu Winantio Committee Member 12/12 100%
Dewi Nuzulianti(b) Committee Member 12/12 100%
Dharma Putera Committee Member 12/12 100%
Shita Satyawati Priandani Committee Member 12/12 100%
Hendrianto (c)
Committee Member 8/8 100%
Erikal Mirtha (e)
Committee Member 1/3 34%
Ade Fauzan(d) Committee Member 6/9 67%
Gatot Adhi Prasetyo (a)
Committee Member 3/3 100%
Notes :
PT Bank BTPN Syariah Tbk | 2023 Annual Report
(a) Gatot Adhi Prasetyo ceased to be a member of ALCO effective upon the conclusion of his term as a member of the Board of Directors on April 12, 2023.
(b) Dewi Nuzulianti assumed office as a member of the ALCO Committee on April 12, 2023 (AGMS 2023), replacing Gatot Adhi Prasetyo.
(c) Hendrianto was effectively appointed as a member of ALCO according to the Organizational Structure on May 2, 2023.
(d) Ade Fauzan ceased to be a member of ALCO effective from the resignation date based on the organizational structure on October 1, 2023.
(e) Erikal Mirtha was effectively appointed as a member of ALCO according to the Organizational Structure on October 1, 2023.
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information technology steering committee
In accordance with the latest Board of Directors Decree No. SK.010B/DIR/CSGC/V/2023 dated May
2, 2023 concerning the determination of the Composition of Members of the Information Technology
Steering Committee, ex officio membership of the Information Technology Steering Committee at least
consisting of:
Committee
ex officio membership
Composition
Members with Committee Chairman Director in charge of the Information Technology work unit
Voting Rights
Committee Secretary The Executive Officer in charge of Information Technology appointed by the
Director in charge of Information Technology
Committee Member Director in charge of Financing Business
Committee Member Director in charge of Funding & New Business
Committee Member Director in charge of Finance, Treasury & Operations
Committee Member Director in charge of Compliance & Risk
Members Regular Invitee Executive Officer in charge of Risk Management
without Voting
Regular Invitee Executive Officer in charge of Human Capital
Rights
Regular Invitee Executive Officer in charge of Financing Business Planning & Support
Regular Invitee Executive Officer in charge of Business Development
Regular Invitee Executive Officer in charge of Operations Development
Regular Invitee Executive Officer in charge of Transaction Services
Regular Invitee Executive Officer in charge of Financial Control & Analytics
Regular Invitee Executive Officer in charge of Funding & New Business Planning & Support
Regular Invitee Executive Officer in charge of Corporate Information Security
The formation of the Information Technology Steering Committee has fulfilled and taken into account the
applicable requirements and competencies in accordance with GCG principles.
duties and authorities of the information technology steering committee
The duties and responsibility of the Information Technology Steering Committee are based on the latest
Charter No.07/PedomanKerja/CSGC/VI/2023 dated June 14, 2023 and is responsible for providing
recommendations to the Board of Directors that at least involved:
1. Technology Information Strategic Plan which is in line with the Bank's corporate plan.
2. Formulation of key Information Technology policies, standards and procedures.
3. Conformity between Information Technology development plans and IT strategic plans.
4. Conformity between the implementation of Information Technology Development and the Information
Technology Development Plan.
5. Evaluation of the cost effectiveness of Information Technology towards achieving planned benefits.
6. Monitoring Information Technology performance and efforts to improve it.
7. Efforts to resolve various problems related to Information Technology that cannot be resolved by the
work unit of Information Technology users and administrators effectively, efficiently and on time.
8. Adequacy and allocation of resources related to Information Technology owned by the Bank.
9. Provide direction and approval for strategic initiatives related to data management (data governance).
PT Bank BTPN Syariah Tbk | 2023 Annual Report
information technology steering committee report
In 2023, Information Technology Steering Committee convened 4 (four) regular meetings, that were
attended both in person and online and issued no circular resolution.
All meetings have complied with the provisions of the Information Technology Steering Committee
Charter.
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The Information Technology Committee has discussed and provided recommendations to the Board of
Directors during 2023 which include, among others:
1. In order to be in line with BTPN Syariah's Key Strategic Initiatives (KSI), the Information Technology
Focus in 2023 is to continue the development and innovation of sharia digital ecosystem services,
namely the Terra, MitraTepat, Mobile & Internet Banking, and BesteeTepat applications to be able to
provide services, comfort and the best security for customers. This mobile application capability is built
on a digital platform based on modern microservices technology so that feature development can be
done quickly. Apart from that, another main feature is the ability to acquire customers which can be
done digitally by utilizing Biometric (Face Recognition) technology.
2. Increasing service development and automation to increase capabilities and strengthen the Core
Banking System. Improvements in governance and accuracy of customer data are also continuously
carried out by implementing a centralized customer data management system that is integrated with
the Core Banking System so that the Bank can report customer data more quickly and precisely.
3. Continuing the implementation of the Treasury Management System to strengthen control and
increase automation and capacity in managing the Bank's Treasury in a more integrated and efficient
manner.
4. Increasing IT security capability and capacity (Cyber Security) by implementing IT security components
to strengthen IT infrastructure security and implementing Information Security Standardization based
on the ISO 27001 Standard.
5. Modernize and increase the capabilities of the Data Center (DC) and Disaster Recovery Center (DRC)
infrastructure in a structured manner and in line with the Information Technology Strategic Plan as
well as ensuring the Bank's readiness for implementing regulatory systems and Bank compliance as
a financial services provider through system recovery capabilities and carrying out disaster recovery
testing periodically to the bank's critical systems.
information technology steering committee meeting
Total Meetings Percentage of Attendance
Name Position
(Realization/Plan) Over Meeting Plan
Hadi Wibowo Committee Chairman 4/4 100%
Robertus J. Hadisurya Committee Secretary 4/4 100%
Fachmy Achmad Committee Member 3/4 75%
Dewi Nuzulianti (b)
Committee Member 3/3 100%
Dwiyono Bayu Winantio Committee Member 3/4 75%
Arief Ismail Committee Member 3/4 75%
Gatot Adhi Prasetyo(a) Committee Member 0/1 0%
Note:
(a) Gatot Adhi Prasetyo ceased to be a member of the Information Technology Steering Committee effective upon the conclusion of his term as a member of the Board of Directors
on April 12, 2023.
(b) Dewi Nuzulianti assumed office as a member of the Information Technology Steering Committee effective upon her appointment as a member of the Board of Directors
at the conclusion of the AGMS.
human capital committee
In accordance with the latest Board of Directors Decree No. SK.010A/DIR/CSGC/V/2023 dated May 2,
2023 concerning the determination of the composition of the Human Capital Committee members, the
membership of the Committee is ex officio with at least one member and consisting of:
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Committee
ex officio membership
Composition
Committee Chairman Director in charge of Human Capital
Executive Officer in charge of Human Capital assigned by the Director in
Committee Secretary
charge of Human Capital
Members with Committee Member President Director
Voting Rights
Committee Member Director in charge of Finance, treasury & Operations
Committee Member Director in charge of Funding & New Business
Committee Member Director in charge of Financing Business
Members without
Regular Invitee Director in charge of Risk Management
Voting Rights
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The formation of the Human Capital Committee has fulfilled and taken into account the applicable
requirements and competencies in accordance with GCG principles.
duties and authorities of the human capital committee
The duties and responsibility of the Human Capital Committee are based on the latest Human Capital
Committee Charter No. 08/PedomanKerja/CSGC/XII/2023 dated December 31, 2023 is as follows:
1. Establish strategic policies, strategies and targets in the field of Human Capital.
2. Approve the implementation of the Human Capital remuneration program.
3. Approve proposals that exceed the authority of the Division Head and/or Director in charge of Human
Capital.
human capital committee report
In 2023, Human Capital convened 3 (three) meetings, that were attended both in person and online and
issued 3 (three) circular resolution.
All meetings meet the provisions of the Human Capital Committee Charter.
The Human Capital Committee has discussed and provided decisions during 2023 which include, among
others:
1. Report on employee performance assessment results at the end of 2022, decision on application for
grade promotion 2023, review of 2023 employee salaries and 2022 employee bonuses;
2. Decision on the performance results of employees with Board of Management (BOM) positions along
with 2023 compensation
3. Decision to provide One Time Appreciation (OTA) compensation to employees who comply certain
conditions, where compensation will be given if the Bank reaches certain targets by the end of 2023.
4. Report on the results of mid-2023 employee performance assessments and decisions on updating
the code of conduct related to the affirmation of the LInK & HELP culture as a guide to building a
conducive work environment.
5. Decisions on when to evaluate employee performance at the end of 2023 will begin in November 2023.
6. Decision on the 2024 employee compensation review scheme, decision on adjustments to financing
facilities and decision on the 2023 Employee Engagement Survey which will be implemented in the first
quarter of 2024.
human capital committee meeting
In 2023, the Committee convened 3 (three) of 4 (four) meetings and issued 3 (three) circular resolution.
Total Meetings Percentage of Attendance
Name Position
(Meeting Realization/Plan) (Over Meeting Plan)
Committee Chairman and
Hadi Wibowo 3/4 75%
Member of the Committee
Ibnu Agung Mulyanto Committee Secretary 3/4 75%
Fachmy Achmad Committee Member 3/4 75%
Dewi Nuzulianti (b)
Committee Member 2/2 100%
Dwiyono Bayu Winantio Committee Member 3/4 75%
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Gatot Adhi Prasetyo(a) Committee Member 1/1 100%
Notes:
(a) Gatot Adhi Prasetyo ceased to be a member of the Human Capital Committee effective upon the conclusion of his term as a member of the Board of Directors on April 12, 2023.
(b) Dewi Nuzulianti assumed office as a member of the Human Capital Committee effective upon her appointment as a member of the Board of Directors at the conclusion
of the Annual General Meeting on April 12, 2023, replacing Gatot Adhi Prasetyo.
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risk management committee
In accordance with the latest Board of Directors Decree No. SK.010D/DIR/CSGC/V/2023 dated May 2,
2023 concerning the determination of the composition of the Risk Management Committee members, the
membership of the Committee is ex officio with at least one member and consisting of:
Committee
ex officio membership
Composition
Committee Chairman Director in charge of Compliance & Risk Management
Secretary Committee Executive Officer in charge of Risk Management
Committee Member Director in charge of Funding & New Business
Committee Member Director in charge of Financing Business
Members with
Committee Member Director in charge of Finance, Treasury & Operations
Voting Rights
Committee Member Executive Officer in charge of Financial Control & Analytics
Committee Member Executive Officer in charge of Human Capital
Committee Member Executive Officer in charge of Operations
Committee Member Executive Officer in charge of Information Technology
Regular Invitee Head of Internal Audit Work Unit
Members without
Regular Invitee Executive Officer in charge of Business Risk
Voting Rights
Regular Invitee Executive Officer in charge of Compliance
The formation of the Risk Management Committee has fulfilled and taken into account the applicable
requirements and competencies in accordance with GCG principles.
duties and authorities of the risk management committee
The duties and responsibility of the Risk Management Committee based on the latest Risk Management
Committee Charter No.009/PedomanKerja/RM/XII/2023 dated December 31, 2023 are as follows:
1. Develop risk management policies and strategies as well as risk limits, along with updating, correcting
and/or perfecting them individually and in consolidation with subsidiary companies;
2. Evaluate the suitability of individual and consolidated risk management policies with their
implementation;
3. Evaluate and provide recommendations on transactions or activities that require approval from the
Board of Directors;
4. Evaluate and provide recommendations for transactions or activities that deviate from normal
procedures.
risk management committee report
In 2023, Risk Management Committee convened 11 (eleven) meetings, that were attended both in person
and online, and issued no circular resolution.
All meetings have complied with the provisions of the Risk Management Committee Charter.
The Risk Management Committee has discussed and provided recommendations to the Board of Directors
during 2023 which includes monitoring all risk exposures faced by the Bank, including monitoring the Bank
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Key Financial Ratio for industry, monitoring Risk Appetite & Risk Tolerance, monitoring the performance
and quality of the Bank's financing portfolio, as well as other discussions. In addition, discussions were held
regarding efforts to increase performance and improve the Bank's business activities.
Recommendations from the Committee have been submitted to the relevant work units and ongoing
monitoring of the follow-up to these recommendations is carried out.
In order to implement consolidated risk management, BTPN Syariah implemented consolidated risk
management to BTPN as the Parent Company and BTPN Syariah Ventura as a subsidiary of BTPN
Syariah.
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The implementation of consolidated risk management by BTPN Syariah for BTPN and BTPN Syariah
Ventura is carried out through a monitoring process for consolidated risk exposure as part of alignment
reporting, including the obligation to consolidate Risk Profile, RBBR and ICAAP reporting in accordance
with OJK regulations.
risk management committee meetings
Total Meetings Percentage of attendance
Name Position
(Meeting realization/plan) (attendance over Meeting Plan)
Arief Ismail Committee Chairman 11/9 100%
Dharma Putera Committee Secretary 10/9 100%
Dewi Nuzulianti (b)
Committee Member 7/8 87%
Gatot Adhi Prasetyo (a)
Committee Member 2/3 67%
Dwiyono Bayu Winantio Committee Member 9/9 100%
Fachmy Achmad Committee Member 8/9 89%
Hendrianto(c) Committee Member 3/4 75%
Andrew Adhitia (d)
Committee Member 6/7 86%
Ibnu Agung Mulyanto Committee Member 9/9 100%
Muhammad Affendie Committee Member 10/9 100%
Robertus J. Hadisurya Committee Member 9/9 80%
Notes:
(a) Gatot Adhi Prasetyo ceased to be a member of the Risk Management Committee effective upon the conclusion of his term as a member of the Board of Directors on April 12, 2023.
(b) Dewi Nuzulianti assumed office as a member of the Risk Management Committee effective upon her appointment as a member of the Board of Directors at the conclusion
of the Annual GMS on April 12, 2023, replacing Gatot Adhi Prasetyo.
(c) Hendrianto was effectively appointed as a member of the Risk Management Committee according to the Organizational Structure on May 2, 2023.
(d) Andrew Adhitia was effectively appointed as a member of the Risk Management Committee according to the Organizational Structure on May 2, 2023.
business committee
In accordance with the latest Board of Directors Decree No. SK.010E/DIR/CSGC/V/2023 dated May 2,
2023 concerning the determination of the current composition of Business Committee Members, ex officio
membership of the Business Committee at least consists of:
Committee
ex officio membership
Composition
Chairman Committee Director in charge of Financing Business
Financing Business Executive Officer in charge of Financing Business
Secretary Committee
Planning & Support in Financing Business
Committee Member Director in charge of Finance, Treasury & Operations
Members with
Voting Rights Committee Member Director in charge of Funding & New Business
Committee Member Executive Officer in charge of Operations
Committee Member Executive Officer in charge of Human Capital
Committee Member Executive Officer in charge of Information Technology
Permanent Invitee Executive Officer in charge of Distribution in Financing Business
Permanent Invitee Executive Officer in charge of Financial Control & Analytics
Members without
Permanent Invitee Executive Officer in charge of Risk Management
Voting Rights
Permanent Invitee Executive Officer in charge of Business Development
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Permanent Invitee Executive Officer in charge of Financing Business Risk
Under certain circumstances member of the Committee can invite Excecutive Officer and other officer,
whenever required as regular invites.
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The formation of the Business Committee has fulfilled and taken into account the applicable requirements
and competencies in accordance with GCG principles.
duties and authorities of the business committee
The duties and authorities of the Business Committee based on the latest Work Guidelines and
Regulations No.010/Work Guidelines/CSGC/V/2023 dated May 31, 2023 are:
1. Regularly monitor the development and strategy of Third Party Funds and Financing Business TUR
(Tuas Usaha Rakyat/TUR Financing Business);
2. Regularly monitor TUR's Business Financial Performance (TUR Financing Business Finance), Business
Process, Business Process, Business Risk and Human Resources;
3. Review every new product or initiative application in Business TUR before submitting it for BOD
approval;
4. Develop, review and establish strategies, guidelines and policies for Financing Business TUR (TUR
Financing Business);
5. Review developments and projections of overall economic conditions to direct established policies.
business committee report
In 2023, the Business Committee convened 10 (ten) meetings in person and online, and issued no circular
resolution.
All Business Committee meetings have complied with the provisions of the Business Committee Guidelines
and Work Rules.
The Business Committee has discussed and provided recommendations to the Board of Directors during
2023 which include discussions regarding financing performance, financing quality, key initiatives and
human resources as well as non-TUR financing. Considering the impact of the pandemic which is still
affecting customers' businesses, the Business Committee continues to monitor portfolio restructuring,
restoring customer discipline such as attendance and timely payments. Committee meetings also include
discussions regarding Mitra Tepat.
business committee meetings
Total Meetings Percentage of Attendance
Name Title
(Meeting Realization/Plan) (Over Meeting Plan)
Dwiyono Bayu Winantio Chairman Committee 10/9 100%
Hendrianto (c)
Secretary Committee 7/7 100%
Fachmy Achmad Committee Member 10/9 100%
Dewi Nuzulianti (b)
Committee Member 10/9 100%
Gatot Adhi Prasetyo (a)
Committee Member 3/3 100%
Muhammad Affendie Committee Member 9/9 100%
Ibnu Agung Mulyanto Committee Member 8/9 89%
Robertus J. Hadisurya Committee Member 10/9 100%
Notes :
(a) Gatot Adhi Prasetyo ceased to be a member of the Business Committee effective upon the conclusion of his term as a member of the Board of Directors on April 12, 2023.
(b) Dewi Nuzulianti assumed office as a member of the Business Committee effective upon her appointment as a member of the Board of Directors at the conclusion of the Annual GMS
on April 12, 2023, replacing Gatot Adhi Prasetyo.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
(c) Hendrianto was effectively appointed as a member of the Business Committee according to the Organizational Structure on May 2, 2023.
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financing policy committee
In accordance with the latest Board of Directors Decree No. SK.010F/DIR/CSGC/V/2023 dated May 2,
2023 concerning the determination of the composition of members of the Financing Policy Committee, the
membership of the Committee is ex officio with at least one member and consists of:
Committee Composition ex officio membership
Chairman Committee President Director
Committee Secretary Executive Officer in charge of Risk Management
Members with Committee Member Director in charge of Compliance and Risk Management
Voting Rights Committee Member Director in charge of Funding & New Business
Committee Member Director in charge of Financing Business
Committee Member Internal Audit (SKAI) Head
The formation of the Financing Policy Committee has fulfilled and taken into account the applicable
requirements and competencies in accordance with GCG principles.
duties and authorities of the financing policy committee
In accordance with the Financing Policy Committee's Charter dated November 28, 2022, the duties and
authority of the Financing Policy Committee based on the Financing Policy Committee's Charter No.014/
PedomanKerja/RM/XII/2023 dated July 30, 2021 are stated to still be in accordance with the internal
processes carried out which include:
duties of the financing policy committee
1. Provide input to the Board of Directors in preparing the Bank Financing Policy ("KPB"), especially in
relation to the formulation of prudential principles in financing.
2. Supervise that the KPB can be implemented and implemented consistently and consistently and
formulate solutions in the event that there are obstacles or obstacles in implementing the KPB.
Furthermore, the Committee also conducts periodic reviews of the KPB and provides suggestions to
the Board of Directors in the event that changes or improvements to the KPB are needed;
3. Monitor and evaluate:
a. Overall development and quality of the financing portfolio;
b. Correct implementation of authority to decide on financing;
c. Correctness of the process of granting, development and quality of financing provided to parties
related to the Bank and certain large debtors;
d. Correct implementation of BMPK / BMPD provisions;
e. Compliance with the provisions of laws and other regulations in the implementation of providing
financing;
f. Settlement of problematic financing in accordance with those stipulated in the KPB;
g. The Bank's efforts to meet the adequacy of the allowance for financing write-offs; And
h. Application of sharia principles in the financing process.
responsibilities of the financing policy committee
1. Submit regular written reports to the Board of Directors with a copy to the Board of Commissioners
regarding:
a. Results of supervision of the implementation and implementation of the KPB; And
PT Bank BTPN Syariah Tbk | 2023 Annual Report
b. Monitoring and evaluation results as stated in the task above;
2. Provide suggestions for corrective steps to the Board of Directors with a copy to the Board of
Commissioners regarding matters related to the report in point (1);
3. In the event that there are irregularities in the implementation of the KPB related to compliance with
sharia principles, a report is also submitted to the Sharia Supervisory Board.
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financing policy committee report
In 2023, the Financing Policy convened 1 (one) meeting in person and issued no circular resolution.
All meetings have complied with the Financing Policy Committee's Charter
The Financing Policy Committee has discussed and provided recommendations to the Board of Directors
during 2023 regarding matters including the Productive Poor Segment Financing Portfolio, Financing
Portfolio other than the Productive Poor (PP) Segment, Evaluation of Financing Provisions and
recommendations.
In general, the growth of Productive pre-prosperous financing experienced a slowdown in line with the
decline in portfolio quality which was under considerable pressure. Throughout 2023, the Bank has issued
several provisions, in the context of business needs, performance improvement strategies and provisions
that are in line with government and OJK policies.
In non-Productive pre-prosperous financing, the Bank focuses on carrying out evaluations of existing
financing provisions to meet the adequacy of internal control in the context of implementing the
prudential principle. The results of the meeting have been properly documented in accordance with the
Financing Policy Committee's rules and regulations
Financing Policy Committee Meetings
Name Position Total Meetings Percentage of Attendance
(Meeting Realization/Plan) (Over Meeting Plan)
Hadi Wibowo Committee Chairman 1/1 100%
Dharma putera Committee Secretary 1/1 100%
Arief Ismail Committee Member 1/1 100%
Dwiyono Bayu Winantio Committee Member 1/1 100%
Dewi Nuzulianti* Committee Member 1/1 100%
Gatot Prasetyo Committee Member 1/1 100%
Note:
* Dewi Nuzulianti has effectively served as a member of the Financing Policy Committee since her appointment as a member of the Board of Directors at the closure of the Annual General
Meeting of Shareholders on April 12, 2023.
information security management system committee (ISMS)
In accordance with the latest Board of Directors Decree No. SK.010F/DIR/CSGC/V/2023 dated May 2, 2023
concerning the determination of the Composition of Members of the Information Security Management
System Committee, the membership of the Committee is ex officio and consisting of at least:
Committee
ex officio membership
Composition
Committee Chairman Director of Compliance & Risk or in charge of Corporate Information Security
Committee Secretary Executive Officer in charge of Corporate Information Security
Committee Member Director in charge of Finance, Treasury & Operations
Committee Member Executive Officer in charge of Information Technology
Members with Committee Member Executive Officer in charge of IT Planning, Strategic and Governance
Voting Rights Committee Member Executive Officer in charge of Risk Management
Committee Member Executive Officer in charge of Human Capital
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Committee Member Head of Internal Audit Work Unit
Committee Member Executive Officer in charge of Corporate Services
Committee Member Executive Officer in charge of Compliance
The establishment of the Information Security Management System Committee has fulfilled and taken
into account the applicable requirements and competencies in accordance with GCG principles.
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duties and authorities of the information security management system
The duties and authorities of the ISMS Committee based on the latest Charter No.015/Pedoman
Kerja/CSGC/XII/2023 dated December 12, 2023 are:
1. Plan the management of the information security management system and Bank policies regarding the
use of information including Actions to address risks and opportunities as well as how to integrate and
implement Actions into the ISMS process.
2. Establish information security requirements in the form of policies, standards and procedures related
to the implementation of an adequate information security management system.
3. Communicate information security requirements in the form of policies, standards and procedures
related to the implementation of an adequate information security management system.
4. Implement and ensure that ISMS implementation is carried out in accordance with established policies,
SOPs and guidelines.
information security management system committee report
The Information Security Management System committee was formed in 2023, ISMS has held 1 meeting.
All meetings have complied with the provisions of the ISMS work guidelines and regulations. The ISMS
Committee has discussed and provided several recommendations to stakeholders in information
and cyber security organizations in 2023, including regarding the implementation and adoption of
international standards for information security management such as ISO 27001 ISMS, strengthening
awareness in information security by running an Information Security Awareness program for internal
and external sustainability. In terms of securing infrastructure and application systems, protection has
been strengthened on the endpoint side by adding and carrying out penetration testing on the application
side. Scenario-based security testing by the CSIRT (Cyber Security Incident Response Team) team and
implementation of the Disaster Recovery Test. Review of the level of ongoing compliance with regulations
and international best practice standards. Routine inspection by internal audit of applications
The ISMS Committee has produced several strategic decisions in managing information security, especially
cyber security risks, by establishing ISO 27001 as a best practice standard that is adopted and must
obtain certification, implementing scenario-based test simulations by the CSIRT team, Ransomware
readiness by increasing protection on endpoints with EDR (Endpoint Detection & Response), Continuing
the security awareness program, especially cyber security, and carrying out routine checks by internal audit
information security management system committee meeting
Total Meetings Percentage of Attendance
Name Position
(Meeting Realization/Plan) (Over Meeting Plan)
Arief Ismail Chairman Committee 1/1 100%
Her Purwoko Secretary Committee 1/1 100%
Fachmy Achmad Committee Member 1/1 100%
Robertus J. Hadisurya Committee Member 1/1 100%
Rizal Muska Kamil Committee Member 1/1 100%
Dharma Putera Committee Member 1/1 100%
Ibnu Agung Mulyanto Committee Member 0/1 100%
Gatot Sedijono Committee Member 1/1 100%
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Herjandi Committee Member 1/1 100%
Fauzan Rizani Committee Member 1/1 100%
Number of Circular resolutions Made by the Board of Directors Committees in 2023
Information Information
Risk Financing
Technology Human Capital Business Security
ALCO Management Policy
Steering Committee Committee Management
Committee Committee
Committee System
No circular No circular No circular No circular No circular
1 (one) 3 (three)
resolution resolution resolution resolution resolution
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good corporate governance
Corporate
SECRETARY
corporate secretary profile
The Corporate Secretary position in BTPN Syariah is held by the Compliance Director, who is responsible
for disseminating material information relating to BTPN Syariah's performance.
The Corporate Secretary's profile can be seen on the Board of Directors' Profile page. The Corporate
Secretary resides in South Tangerang, Indonesia.
corporate secretary structure
Compliance & Risk Director
serving concurrently as Corporate Secretary
Corporate Secretary &
General Counsel Head
Corporate Action &
Stakeholder Management Head
basis of reference
In compliance with POJK No. 35/POJK.04/2014 dated December 8, 2014 concerning the Corporate
Secretary and Decision of the Directors of PT Bursa Efek Indonesia No. Kep-00066/BEI/09-2022 dated
September 30, 2022 concerning Amendments to Regulation No. I-A, regarding the Appointment or
Replacement of the Corporate Secretary, BTPN Syariah has re-appointed Arief Ismail, Compliance
Director as Corporate Secretary.
The re-appointment of the Corporate Secretary is based on the Board of Directors Circular Decree
Number 005/CIR/DIR/IV/2023 dated April 12, 2020 concerning the Re-appointment of the Corporate
Secretary of PT Bank BTPN Syariah Tbk and stipulated in the Board of Directors Decree Number SK
009/DIR/CSGC /IV/2023 dated April 12 2023 concerning the Appointment of the Corporate Secretary
(Corporate Secretary) on April 12, 2023.
Upon the re-appointment of the Corporate Secretary, the Bank has disclosed information through the
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Indonesian Stock Exchange and Capital Market Websites as well as the BTPN Syariah Website.
The term of office of the Corporate Secretary at BTPN Syariah starts from the signing of the Directors'
Circular Decree Number 005/CIR/DIR/IV/2023 dated April 12, 2023 until the closing of the Annual General
Meeting of Shareholders which will be held in 2026 (in accordance with the term of office of the appointed
members of the Board of Directors based on the Statement of Decisions of the Annual General Meeting of
Shareholders dated April 12, 2023).
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Brief information on the Corporate Secretary at BTPN Syariah:
Name Arief Ismail
Residence Tangerang Selatan
Menara BTPN Lantai 12
Office Address CBD Mega Kuningan
Jl. DR. Ide Anak Agung Gde Agung Kav. 5.5 – 5.6, Jakarta Selatan 12950
Telephone +6221 300 26 400
Facsimile +6221 252 0356
Email corsec@btpnsyariah.com
work experience of the corporate secretary
1. Compliance Director at PT Bank BTPN Syariah Tbk (2017-present)
2. HSBC Indonesia
a. SVP Country Head Retail Banking & Wealth Management (RBWM) Risk – (previously named Head
of Consumer Credit Risk) (2011-2017)
b. SVP Portfolio Management Consumer Credit Risk (2011)
3. Head of Consumer Risk Division at PT Bank Negara Indonesia Tbk (2010)
4. Head of Retail Credit Risk di ANZ Panin Bank (2010)
5. Country Head of Risk and Head of Consumer Risk at ABN AMRO Bank/ Royal Bank of Scotland (RBS)
(2008-2010)
6. Head of Consumer Risk at ABN AMRO Bank/ Royal Bank of Scotland (RBS) (2005-2008)
7. PT Bank Danamin Indonesia Tbk
a. Unsecured Risk Management Head (2004-2005)
b. Card Centre’s Credit Cycle Manager (2001-2004)
8. Marketing Director at PT Rahajasa Media Internet (1999-2001)
9. Director of New Business at GE Capital, Global Consumer (1998-1999)
10. Director of Risk di GE Capital, Global Consumer (1995-1997)
11. Citibank
a. Direct Sales Manager, Global Consumer (1995)
b. Credit Policy Manager, Global Consumer (1991-1994)
c. Management Associate Program as Credit Analyst, Global Consumer (1990-1991)
12. Entry level trainee at PT USI Jaya – IBM Indonesia (1991)
corporate secretary educational history
Bachelor in Industrial Englineering, Institut Teknologi Bandung (1990)
duties and responsibilities of the corporate secretary
Duties and Responsibilities of the Corporate Secretary at BTPN Syariah based on Directors Circular
Decree Number 005/CIR/DIR/IV/2023 dated April 12 2023 regarding the Reappointment of the Corporate
Secretary of PT Bank BTPN Syariah Tbk are:
a. Following developments in the Capital Market, especially applicable laws and regulations in the Capital
Market sector;
b. Provide input to the Board of Directors and Board of Commissioners of Issuers or Public Companies to
comply with statutory provisions in the Capital Market sector;
PT Bank BTPN Syariah Tbk | 2023 Annual Report
c. Assist the Board of Directors and Board of Commissioners in implementing corporate governance
which includes:
i. Information Disclosure to the public, including the availability of information on the Issuer or Public
ii. Submission of reports to the Financial Services Authority on time;
iii. Organizing and documenting the General Meeting of Shareholders
iv. Organizing and documenting meetings of the Board of Directors and/or Board of Commissioners;
v. Implementation of a company orientation program for the Board of Directors and/or Board of
Commissioners
d. As a liaison between the Issuer or Public Company and the Shareholders of the Issuer, or Public
Company, the Financial Services Authority and other Stakeholders.
Throughout 2023, the Corporate Secretary at BTPN Syariah has fulfilled his duties and responsibilities in
accordance with the provisions
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good corporate governance
afilliated relationships
Has no affiliation with the Board of Directors, Board of Commissioners, Sharia Supervisory Board or
Controlling Shareholders
implementation of the duties and responsibilities of the corporate secretary at BTPN
Syariah in 2023
A. Ensure the fulfillment of BTPN Syariah's commitment to implementing GCG as a public company and as
a sharia commercial bank, including:
1. In order to fulfill PBI Number 11/33/PBI/2009 and SEBI Number 12/13/DPBS concerning the
Implementation of Good Corporate Governance for Sharia Commercial Banks and Sharia Business
Units, BTPN Syariah has carried out regular updates on the Main Policy and other supporting
Policies in in 2023;
2. In order to comply with PBI Number 11/33/PBI/2009 and SEBI Number 12/13/DPBS concerning the
Implementation of Good Corporate Governance for Sharia Commercial Banks and Sharia Business
Units, BTPN Syariah has established Guidelines and Work Rules for Bank Organs and Supporting
Organs Bank, including Guidelines and Work Rules for the Board of Commissioners, Directors,
Committees at the level of the Board of Commissioners and Committees at the level of the Board of
Directors;
3. In order to fulfill PBI Number 11/33/PBI/2009 and SEBI Number 12/13/DPBS concerning the
Implementation of Good Corporate Governance for Sharia Commercial Banks and Sharia Business
Units, PBI Number 15/13/PBI/2013 concerning Internal Amendments to PBI 11 /3/PBI/2009 concerning
Sharia Commercial Banks and POJK Number 33/POJK.04/2014 concerning Directors and Board of
Commissioners of Issuers, BTPN Syariah has ensured that the entire nomination and appointment process
for new members of the Board of Directors and Commissioners is in accordance with the provisions. All
members of the Board of Commissioners, Sharia Supervisory Board and Directors who are effectively
serving have been declared to have passed the Fit and Proper Test by the OJK
4. In order to comply with PBI Number 11/33/PBI/2009 and SEBI Number 12/13/DPBS concerning the
Implementation of Good Corporate Governance for Sharia Commercial Banks and Sharia Business
Units, the Board of Commissioners and Directors have given approval for changes to the composition of
the Board-level Committee members. Commissioners and Directors in 2023
5. In order to fulfill POJK 8/POJK.03/2014 concerning Assessment of the Soundness Level of Sharia
Commercial Banks and Sharia Business Units and POJK Number 65/POJK.03/2016 concerning the
Implementation of Risk Management for Sharia Commercial Banks and Sharia Business Units, as well
as paying attention to SEOJK Number 10/SEOJK.03/2014 concerning Health Assessment of Sharia
Commercial Banks, BTPN Syariah has risk management and internal control standards in accordance
with the three lines of defense principle;
6. In order to comply with POJK Number 21/POJK.04/2015 concerning Implementation of Public Company
Governance Guidelines, in conjunction with OJK Circular Letter Number 32/SEOJK.04/2015 concerning
Public Company Governance Guidelines, BTPN Syariah is guided by the Governance Guidelines which
include 5 (five) aspects, 8 (eight) principles of good corporate governance, as well as 25 (twenty five)
recommendations for implementing aspects and principles of good corporate governance;
7. In order to fulfill POJK Number 8/POJK.04/2015 concerning Issuer or Public Company Websites, BTPN
Syariah is committed to transparency and disclosure of information in accordance with the provisions;
8. In order to comply with POJK Number 29/POJK.04/2016 concerning Annual Reports of Issuers or Public
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Companies, BTPN Syariah has submitted an Annual Report for the financial year ending 31 December
2022 and has received shareholder approval at the General Meeting of Shareholders on 12 April 2023;
9. In order to comply with POJK Number 30/POJK.04/2017 concerning the Buyback of Shares Issued by
Public Companies and POJK Number 59/POJK.03/2017 concerning the Implementation of Governance
in Providing Remuneration for Sharia Commercial Banks and Sharia Business Units, BTPN Syariah has
transferred some of the treasury shares resulting from the buyback, with a distribution date of 25
January 2023 in the context of providing variable remuneration to the Board of Directors for the
performance of BTPN Syariah with procedures following the applicable provisions;
10. In order to fulfill POJK Number 38/POJK.03/2019 concerning POJK Number 31/POJK.03/2018
concerning Amendments to POJK Number 32/POJK.03/2018 Maximum Limit for Providing Credit
and Providing Large Funds for Commercial Banks, BTPN Syariah prioritize the principle of prudence
and submit reports regarding Related Parties periodically or incidentally in the event that there is an
update to the data in the report;
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11. In order to fulfill POJK Number 15/POJK.04/2020 concerning Planning and Organizing General
Meetings of Shareholders of Public Companies, BTPN Syariah has held an Annual General Meeting
of Shareholders in 2023;
12. In order to comply with POJK Number 16/POJK.04/2020 concerning the Implementation of General
Meetings of Shareholders of Public Companies electronically, BTPN Syariah has held the Annual
General Meeting of Shareholders in 2023 electronically (e-GMS) and provided alternatives for
granting power of attorney and electronic vote counting (e-Proxy and e-Voting);
13. In order to comply with SEOJK Number 16/SEOJK.04/2021 concerning the Form and Content of
Annual Reports of Issuers or Public Companies, the 2023 Annual Report and Sustainability Report of
BTPN Syariah has adopted the provisions in question;
14. In order to fulfill SEOJK Number 29/SEOJK.03/2022 concerning Cyber Resilience and Security
for Commercial Banks and POJK Number 11/POJK.03/2022 concerning the Implementation of
Information Technology by Commercial Banks (including Sharia Commercial Banks), BTPN Syariah
has established Information Security Management System Committee in 2023.
15. In order to comply with POJK Number 9 of 2023 concerning the Use of Public Accounting Services
and Public Accounting Firms in financial services activities regarding Procedures for Using Public
Accounting Services and Public Accounting Firms in financial services activities, BTPN Syariah has
paid attention to restrictions on the use of audit services for financial information annual history
from the same public accountant as well as ensuring that the appointment of the Public Accountant
and Public Accounting Firm to examine the Bank's books for the financial year ending December 31
2023 is in accordance with the provisions.
16. In order to fulfill POJK Number 17 of 2023 concerning the Implementation of Governance for
Commercial Banks, BTPN Syariah has made adjustments to the Guidelines and Regulations for
Bank Organs and Bank Supporting Organs in 2023;
B. Ensure the fulfillment of BTPN Syariah's commitments in the context of Information Openness in 2023,
among others
1. In order to fulfill POJK Number 31/POJK.04/2015 concerning Disclosure of Information or
Material Facts by Issuers or Public Companies, BTPN Syariah has implemented transparency
in the presentation of Annual Reports, Interim Financial Reports and Annual Financial Reports,
consolidated reports and incidental reports others through a reporting system to the Regulator and
announcing it to the public via the BTPN Syariah website;
2. In order to comply with POJK Number 7/POJK.04/2018 concerning Submission of Reports through
the electronic reporting system of issuers or public companies, BTPN Syariah has submitted regular
reports;
3. In order to fulfill the Decree of the Directors of PT Bursa Efek Indonesia Number KEP-00066/
BEI/09-2022 concerning Amendments to Regulation Number I-E concerning Obligations to Submit
Information, BTPN Syariah ensures the fulfillment of the obligation to submit information on the
Monthly Report on Securities Holder Registration or Changes in Shareholder Structure through
regular reporting system to regulators and information listed on the Bank's website;
4. In order to fulfill the Decree of the Directors of PT Bursa Efek Indonesia Number KEP-00066/
BEI/09-2022 concerning Amendments to Regulation Number I-E concerning the Obligation to
Submit Information, section III 1.3.1, BTPN Syariah has carried out a Public Expose on the date
October 26 2023 and have submitted a Public Expose Implementation Report to the Financial
Services Authority and PT Bursa Efek Indonesia on October 31 2023 and have disclosed information
PT Bank BTPN Syariah Tbk | 2023 Annual Report
for this purpose;
5. In order to fulfill the Decree of the Board of Directors of PT Bursa Efek Indonesia Number KEP-
00101/BEI/12-2021 concerning Amendments to Regulation Number I-A concerning the Listing of
Shares and Equity Securities Other Than Shares Issued by Listed Companies in connection with the
Free Float provisions as a requirement to remain listed on the Main Board of the Stock Exchange,
the composition of public share ownership in BTPN Syariah has met the provisions where as of
December 31, 2023, public share ownership reaches 29.99%. The information referred to is submitted
to the public every month along with the Monthly Securities Holder Registration Report to the
Indonesian Stock Exchange and the Capital Market Supervisory Financial Services Authority.
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good corporate governance
C. Ensure the fulfillment of BTPN Syariah's commitment to implementing GCG in the context of Banking
Synergy in 2023, including:
In order to fulfill POJK Number 16/POJK.03/2022 concerning Sharia Commercial Banks which regulates
Banking Synergy, BTPN Syariah together with PT Bank BTPN Tbk which has an ownership relationship,
has carried out banking synergy:
1. Contained in 10 (ten) cooperation agreements per position December 31 2023. These Cooperation
Agreements aim to support the implementation of BTPN Syariah activities and provide added value
for sharia commercial banks and commercial banks;
2. The presence of a Subsidiary Entity from BTPN Syariah called PT BTPN Syariah Ventura which
aims to adapt to the ever-changing needs of customers and ensure an increase in the welfare of
pre/moderately prosperous customers, as well as the opportunity to serve more customers in a
sustainable manner by utilizing technology for good to build aspirations : Sharia Digital Ecosystem
for Unbanked.
(Explanation regarding Subsidiaries is contained in the explanation of Subsidiaries in this 2023
Annual Report).
D. Ensure the fulfillment of BTPN Syariah's commitment to the Implementation of GCG in the context of
Sustainability Actions in 2023, including:
In order to fulfill POJK Number 51/POJK.03/2017 concerning the Implementation of Sustainable
Finance for Financial Services Institutions, Issuers and Public Companies:
1. BTPN Syariah has a Sustainable Financial Action Plan for the 2020-2024 period (2024 indicators);
2. BTPN Syariah has published a Sustainability Report for the 2022 financial year which will be
published in 2023 by presenting the report in a timely manner;
3. The Sustainability Report for the 2022 financial year is available on the Bank's Website from the
date of the Invitation to the Annual General Meeting of Shareholders on April 12, 2023;
4. BTPN Syarah has carried out transparent communication to stakeholders, including Shareholders
and Investors regarding the Sustainable Finance Action Plan as stipulated in POJK Number 51/
POJK.03/2017 regarding the Implementation of Sustainable Finance at the Annual General Meeting
of Shareholders on 12 April 2023 .
E. Ensure the fulfillment of BTPN Syariah's commitments regarding support for Subsidiaries
1. In the context of initial capital participation and additional capital in Subsidiaries, BTPN Syariah has
taken into account provisions including:
a. Fulfillment of POJK Number 38/POJK.03/2019 concerning Amendments to POJK Number 32/
POJK.03/2018 concerning Maximum Limits for Providing Credit and Providing Large Funds for
Commercial Banks;
b. Fulfillment of POJK Number 22 of 2022 concerning Capital Investment Activities by Commercial
Banks;
c. Fulfillment of POJK Number 35/POJK.05/2015 concerning the Implementation of Venture
Capital Company Business in connection with the business activities of Subsidiaries;
2. In order to fulfill POJK Number 65/POJK.03/2016 concerning the Implementation of Risk
Management for Sharia Commercial Banks and Sharia Business Units, BTPN Syariah has
implemented consolidated Risk Management implementation with Subsidiaries including submitting
PT Bank BTPN Syariah Tbk | 2023 Annual Report
a consolidated Risk Profile Report to the OJK in 2023 ; And
3. In order to fulfill POJK Number 8/POJK.03/2014 and SEOJK Number 10/SEOJK.03/2014 concerning
Health Assessment of Sharia Commercial Banks and Sharia Business Units, BTPN Syariah has
carried out a consolidated GCG Self Assessment with Subsidiaries to complete the Self Assessment
GCG with the Parent Entity.
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Training and Certification Program attended by Corporate Secretary in the 2023 financial year
No Workshop Organizer Date
1 ISO27001 Awareness Training Veda Praxis February 8, 2023
Workshop of Indonesia Corporate Secretary Association (ICSA):
2 Icsa Academy March 14, 2023
Implementation of GMS through eASY.KSEI
Refreshment Mandatory (APU PPT, Compliance, Anti Fraud
Management, Handling Consumer Complaints, Consumer
Pembelajaran
3 Protection, Basic Sharia Banking Training, Information Security May 25, 2023
Mandiri
Awareness, Entertainment & Gifts, Risk Awareness, and Code of
Ethics)
4 Economic Outlook Update Creco Counsulting June 6, 2023
Get to Know More About the Regulations on the P2SK Law in the Otoritas Jasa
5 August 10, 2023
Context of Strengthening the Non-Bank Financial Industry (IKNB) Keuangan
The Corporate Governance Officer’s Role in Driving Digital
6 ICSA Academy October 12, 2023
Resilience
Press Release 2023
No Date Description
The Right Innovation Creates a Digital Ecosystem, Fulfilling the Access Needs of
1 February 13, 2023
Various Inclusive Societies
BTPN Syariah Annual General Meeting of Shareholders Appoints Dewi Nuzulianti as
2 April 14, 2023
Director and Appoints Mulya E Siregar as Independent Commissioner
First Quarter Performance: Focus on Serving Inclusive Communities, Creating
3 May 2, 2023
Sustainable Growth Performance
Second Quarter 2023 Performance: Focus on Improving Financing Quality in Serving
4 July 21, 2023
the Needs of Inclusive Communities
Third Quarter Performance: Maintaining Healthy Ratios, BTPN Syariah Strengthens
5 October 19, 2023
Community Capacity for Inclusion
Political Update by Mr. Philips J. Vermonte, Senior Fellow at Center for Strategic and
6 December 8, 2023
International Studies
Information Disclosure Report to OJK DPBS, OJK Capital Markets, Indonesian Stock Exchange,
Other Institutions and Websites (as of December 31, 2023)
No Reference Number Letter Date Website Regarding Information
1 S.004/DIR/CSGC/I/2023 January 9, OJK DPBS Securities Registration Monthly Other
2023 Report as of 31 December 2022 institutions,
OJK Capital
including
Market Net
PT Kustodian
BEI Net Sentra Efek
Indonesia,
Other
PT Datindo
Institution
Entrycom
BTPN Syariah
Website
2 S.006/DIR/CSGC/I/2023 January 10, OJK DPBS Plan to Transfer Some Other
2023 Treasury Shares in the institutions,
PT Bank BTPN Syariah Tbk | 2023 Annual Report
OJK Capital
Context of Providing Variable including
Market Net
Remuneration to the Directors PT Kustodian
BEI Net for the Performance of PT Sentra Efek
Bank BTPN Syariah Tbk to Indonesia,
Other
Comply with Financial Services PT Datindo
Institution
Authority Regulation Number Entrycom
BTPN Syariah 59/POJK.03/2017 concerning
Website Implementation of Governance
in Providing Remuneration for
Sharia Commercial Banks and
Sharia Business Units
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good corporate governance
Information Disclosure Report to OJK DPBS, OJK Capital Markets, Indonesian Stock Exchange,
Other Institutions and Websites (as of December 31, 2023)
No Reference Number Letter Date Website Regarding Information
3 S.034/DIR/CSGC/I/2023 January 26, OJK DPBS Disclosure of Information that Other
2023 the Public Needs to Know - institutions,
OJK Capital
Implementation of the Transfer including
Market Net
of Some Treasury Shares PT Kustodian
BEI Net Sentra Efek
Indonesia,
Other
PT Datindo
Institution
Entrycom
BTPN Syariah
Website
4 S.035/DIR/CSGC/I/2023 January 27, OJK DPBS Report on Ownership or Changes Other
2023 in Share Ownership of Members institutions,
OJK Capital
of the Board of Directors of including
Market Net
PT Bank BTPN Syariah Tbk under PT Kustodian
BEI Net Arief Ismail Sentra Efek
Indonesia,
Other
PT Datindo
Institution
Entrycom
BTPN Syariah
Website
5 S.036/DIR/CSGC/I/2023 January 28, OJK DPBS Report on Ownership or Changes Other
2023 in Share Ownership of Members institutions,
OJK Capital
of the Board of Directors of including
Market Net
PT Bank BTPN Syariah Tbk under PT Kustodian
BEI Net Hadi Wibowo Sentra Efek
Indonesia,
Other
PT Datindo
Institution
Entrycom
BTPN Syariah
Website
6 S.037/DIR/CSGC/I/2023 January 29, OJK DPBS Report on Ownership or Changes Other
2023 in Share Ownership of Members institutions,
OJK Capital
of the Board of Directors of including
Market Net
PT Bank BTPN Syariah Tbk under PT Kustodian
BEI Net Gatot Adhi Prasetyo Sentra Efek
Indonesia,
Other
PT Datindo
Institution
Entrycom
BTPN Syariah
Website
7 S.038/DIR/CSGC/I/2023 January 30, OJK DPBS Report on Ownership or Changes Other
2023 in Share Ownership of Members institutions,
OJK Capital
of the Board of Directors of including
Market Net
PT Bank BTPN Syariah Tbk under PT Kustodian
BEI Net Dwiyono Bayu Winantio Sentra Efek
Indonesia,
Other
PT Datindo
Institution
Entrycom
PT Bank BTPN Syariah Tbk | 2023 Annual Report
BTPN Syariah
Website
8 S.039/DIR/CSGC/I/2023 January 31, OJK DPBS Report on Ownership or Changes Other
2023 in Share Ownership of Members institutions,
OJK Capital
of the Board of Directors of including
Market Net
PT Bank BTPN Syariah Tbk under PT Kustodian
BEI Net Fachmy Achmad Sentra Efek
Indonesia,
Other
PT Datindo
Institution
Entrycom
BTPN Syariah
Website
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Information Disclosure Report to OJK DPBS, OJK Capital Markets, Indonesian Stock Exchange,
Other Institutions and Websites (as of December 31, 2023)
No Reference Number Letter Date Website Regarding Information
9 S.067/DIR/CSGC/I/2023 February 8, OJK DPBS Securities Holder Registration Other
2023 Monthly Report as of January 31, institutions,
OJK Capital
2023 including
Market Net
PT Kustodian
BEI Net Sentra Efek
Indonesia,
Other
PT Datindo
Institution
Entrycom
BTPN Syariah
Website
10 S.072/DIR/CSGC/II/2023 February OJK DPBS Information Disclosure that the Other
13, 2023 Public Needs to Know - Press institutions,
OJK Capital
Release - The Right Innovation including
Market Net
to Create a Digital Ecosystem, PT Kustodian
BEI Net Fulfilling the Access Needs of an Sentra Efek
Inclusive Society Indonesia
Other
Institution
BTPN Syariah
Website
11 S.077/DIR/CSGC/II/2023 February OJK DPBS Submission of Consolidated
14, 2023 Financial Report Publication as of
OJK Capital -
December 31, 2022 (Audited)
Market Net
PT Bank BTPN Syariah Tbk
BEI Net -
Other -
Institution
BTPN Syariah -
Website
12 S.078/DIR/CSGC/II/2023 February OJK DPBS Submission of Consolidated Other
14, 2023 Financial Reports and Proof of institutions,
OJK Capital
Advertisement Publication of including
Market Net
Consolidated Financial Reports of PT Kustodian
BEI Net PT Bank BTPN Syariah Tbk as of Sentra Efek
December 31, 2022 (Audited) Indonesia,
Other
PT Datindo
Institution
Entrycom
BTPN Syariah
Website
13 S.081/DIR/CSGC/II/2022 February OJK DPBS Submission of Consolidated
15, 2023 Financial Reports and Proof of
OJK Capital -
Advertisement Publication of
Market Net
Consolidated Financial Reports of
BEI Net - PT Bank BTPN Syariah Tbk as of
December 31, 2022 (Audited)
Other -
Institution
PT Bank BTPN Syariah Tbk | 2023 Annual Report
BTPN Syariah -
Website
14 S.082/DIR/CSGC/II/2022 February OJK DPBS - Resubmission of the Consolidated Other
15, 2023 Financial Statements and Proof institutions,
OJK Capital
of Advertisement Publication including
Market Net
of the Consolidated Financial PT Kustodian
BEI Net Statements of PT Bank BTPN Sentra Efek
Syariah Tbk as of December 31, Indonesia,
Other
2022 (Audited) PT Datindo
Institution
Entrycom
BTPN Syariah
Website
396
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good corporate governance
Information Disclosure Report to OJK DPBS, OJK Capital Markets, Indonesian Stock Exchange,
Other Institutions and Websites (as of December 31, 2023)
No Reference Number Letter Date Website Regarding Information
15 S.089/DIR/CSGC/II/2023 February OJK DPBS Implementation Plan & Other
23, 2023 Notification of PT Bank BTPN institutions,
OJK Capital
Syariah Tbk AGMS Agenda for including
Market Net
the Financial Year Ending on PT Kustodian
BEI Net December 31, 2022 Sentra Efek
Indonesia,
Other
PT Datindo
Institution
Entrycom
BTPN Syariah
Website
16 S.102/DIR/CSGC/III/2023 March 1, OJK DPBS Resubmission of Financial
2023 Reports and Proof of
OJK Capital -
Advertisement Publication of
Market Net
Financial Reports as of December
BEI Net - 31, 2022 (Audited)
PT Bank BTPN Syariah Tbk
Other -
Institution
BTPN Syariah -
Website
17 S.103/DIR/CSGC/III/2023 March 1, OJK DPBS - Submission of Financial Reports Other
2023 and Evidence of Publication institutions,
OJK Capital
of Financial Reports of PT including
Market Net
Bank BTPN Syariah Tbk as of PT Kustodian
BEI Net December 31, 2022 (Audited) Sentra Efek
Indonesia,
Other
PT Datindo
Institution
Entrycom
BTPN Syariah
Website
18 S.105/DIR/CSGC/III/2023 March 3, OJK DPBS Announcement of Plans to Hold Other
2023 the Annual General Meeting of institutions,
OJK Capital
Shareholders of PT bank BTPN including
Market Net
Syariah Tbk in 2023 PT Kustodian
BEI Net Sentra Efek
Indonesia,
Other
PT Datindo
Institution
Entrycom
BTPN Syariah
Website
19 S.111/DIR/CSGC/III/2023 March 7, OJK DPBS Securities Registration Monthly Other
2023 Report institutions,
OJK Capital -
(as of February 28, 2023) including
Market Net
PT Kustodian
BEI Net - Sentra Efek
Indonesia,
Other -
PT Datindo
Institution
Entrycom
PT Bank BTPN Syariah Tbk | 2023 Annual Report
BTPN Syariah -
Website
20 S.126/DIR/CSGC/III/2023 March 20, OJK DPBS Submission of the 2022 Annual Other
2023 Report and Sustainability Report institutions,
OJK Capital
of PT Bank BTPN Syariah Tbk including
Market Net
PT Kustodian
BEI Net Sentra Efek
Indonesia,
Other
PT Datindo
Institution
Entrycom
BTPN Syariah
Website
397
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Information Disclosure Report to OJK DPBS, OJK Capital Markets, Indonesian Stock Exchange,
Other Institutions and Websites (as of December 31, 2023)
No Reference Number Letter Date Website Regarding Information
21 S.004/DIR/CSGC/I/2023 March 20, OJK DPBS Disclosure of Information that Other
2023 the Public Needs to Know institutions,
OJK Capital
- Report on Changes in the including
Market Net
Number of Company Shares PT Kustodian
BEI Net Owned by Mr. Gatot Adhi Sentra Efek
Prasetyo Indonesia,
Other
PT Datindo
Institution
Entrycom
BTPN Syariah
Website
22 S.127/DIR/CSGC/III/2023 March 20, OJK DPBS Invitation to the Annual General Other
2023 Meeting of Shareholders of institutions,
OJK Capital
PT Bank BTPN Syariah Tbk including
Market Net
PT Kustodian
BEI Net Sentra Efek
Indonesia,
Other
PT Datindo
Institution
Entrycom
BTPN Syariah
Website
23 S.164/DIR/CSGC/IV/2023 April 4, OJK DPBS Securities Registration Monthly Other
2023 Report institutions,
OJK Capital
(as of March 31, 2023) including
Market Net
PT Kustodian
BEI Net Sentra Efek
Indonesia,
Other
PT Datindo
Institution
Entrycom
BTPN Syariah
Website
24 S.186/DIR/CSGC/IV/2023 April 14, OJK DPBS Information Disclosure that the Other
2023 Public Needs to Know - Press institutions,
OJK Capital
Release - BTPN Syariah Annual including
Market Net
General Meeting of Shareholders PT Kustodian
BEI Net Appoints Dewi Nuzulianti as Sentra Efek
Director and Appoints Mulya Indonesia
Other
E Siregar as Independent
Institution
Commissioner
BTPN Syariah
Website
25 S.187/DIR/CSGC/IV/2023 April 14, OJK DPBS Disclosure of Information that Other
2023 the Public Needs to Know - institutions,
OJK Capital
Composition of the Company's including
Market Net
Management PT Kustodian
BEI Net Sentra Efek
Indonesia,
Other
PT Datindo
Institution
Entrycom
PT Bank BTPN Syariah Tbk | 2023 Annual Report
BTPN Syariah
Website
26 S.188/DIR/CSGC/IV/2023 April 14, OJK DPBS Summary of Minutes of Annual Other
2023 General Meeting of Shareholders institutions,
OJK Capital
for Fiscal Year 2022 and Schedule including
Market Net
and Procedures for Cash PT Kustodian
BEI Net Dividends Sentra Efek
Indonesia,
Other
PT Datindo
Institution
Entrycom
BTPN Syariah
Website
398
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good corporate governance
Information Disclosure Report to OJK DPBS, OJK Capital Markets, Indonesian Stock Exchange,
Other Institutions and Websites (as of December 31, 2023)
No Reference Number Letter Date Website Regarding Information
27 S.192/DIR/CSGC/IV/2023 April 14, OJK DPBS Reappointment of the Corporate Other
2023 Secretary institutions,
OJK Capital
including
Market Net
PT Kustodian
BEI Net Sentra Efek
Indonesia
Other
Institution
BTPN Syariah
Website
28 S.195/DIR/CSGC/IV/2023 April 17, OJK DPBS Submission of the Schedule
2023 and Procedures for Distribution
OJK Capital
of Cash Dividends of PT Bank
Market Net
BTPN Syariah Tbk at the Annual
BEI Net General Meeting of Shareholders
Summary
Other
Institution
BTPN Syariah
Website
29 S.210/DIR/CSGC/V/2023 May 2, 2023 OJK DPBS Information Disclosure that Other
the Public Needs to Know - institutions,
OJK Capital
Press Release - First Quarter including
Market Net
Performance: Focus on Serving PT Kustodian
BEI Net Inclusive Communities Sentra Efek
Indonesia
Other
Institution
BTPN Syariah
Website
30 S.211/DIR/CSGC/V/2023 May 3, 2023 OJK DPBS Report on the Appointment of a
Public Accountant and/or Public
OJK Capital -
Accounting Firm in the Context
Market Net
of an Audit of Annual Historical
BEI Net - Financial Information
(as of December 31, 2023)
Other -
Institution
BTPN Syariah -
Website
31 S.213/DIR/CSGC/V/2023 May 4, 2023 OJK DPBS Report on the Appointment of a Other
Public Accountant and/or Public institutions,
OJK Capital
Accounting Firm in the Context including
Market Net
of an Audit of Annual Historical PT Kustodian
BEI Net Financial Information Sentra Efek
(as of December 31, 2023) Indonesia,
Other
PT Datindo
Institution
Entrycom
PT Bank BTPN Syariah Tbk | 2023 Annual Report
BTPN Syariah
Website
32 S.216/DIR/CSGC/V/2023 May 4, 2023 OJK DPBS Securities Holder Registration Other
Monthly Report institutions,
OJK Capital
(as of April 30, 2023) including
Market Net
PT Kustodian
BEI Net Sentra Efek
Indonesia,
Other
PT Datindo
Institution
Entrycom
BTPN Syariah
Website
399
Page 402
Information Disclosure Report to OJK DPBS, OJK Capital Markets, Indonesian Stock Exchange,
Other Institutions and Websites (as of December 31, 2023)
No Reference Number Letter Date Website Regarding Information
33 S.228/DIR/CSGC/V/2023 May 12, OJK DPBS Minutes of the Annual General Other
2023 Meeting of Shareholders for institutions,
OJK Capital
Fiscal Year 2022 PT Bank BTPN including
Market Net
Syariah Tbk PT Kustodian
BEI Net Sentra Efek
Indonesia
Other
Institution
BTPN Syariah
Website
34 S.250/DIR/CSGC/VI/2023 June 7, OJK DPBS Securities Registration Monthly Other
2023 Report (as of May 31, 2023) institutions,
OJK Capital
including
Market Net
PT Kustodian
BEI Net Sentra Efek
Indonesia,
Other
PT Datindo
Institution
Entrycom
BTPN Syariah
Website
35 S.280/DIR/CSGC/ July 5, 2023 OJK DPBS Securities Registration Monthly Other
VII/2023 Report (as of June 30, 2023) institutions,
OJK Capital
including
Market Net
PT Kustodian
BEI Net Sentra Efek
Indonesia,
Other
PT Datindo
Institution
Entrycom
BTPN Syariah
Website
36 S.297/DIR/CSGC/VII/2023 July 20, OJK DPBS Changes in the Composition of Other
2023 Audit Committee Members at institutions,
OJK Capital
PT Bank BTPN Syariah Tbk including
Market Net
PT Kustodian
BEI Net Sentra Efek
Indonesia
Other
Institution
BTPN Syariah
Website
37 S.300/DIR/CSGC/VII/2023 July 21, OJK DPBS Changes in the Composition of Other
2023 Audit Committee Members at institutions,
OJK Capital
PT Bank BTPN Syariah Tbk including
Market Net
PT Kustodian
BEI Net Sentra Efek
Indonesia
Other
Institution
PT Bank BTPN Syariah Tbk | 2023 Annual Report
BTPN Syariah
Website
38 S.301/DIR/CSGC/VII/2023 July 21, OJK DPBS Submission of Consolidated Other
2023 Financial Report Publication institutions,
OJK Capital
as of June 30, 2023 (Unaudited) including
Market Net
PT Bank BTPN Syariah Tbk PT Kustodian
BEI Net Sentra Efek
Indonesia,
Other
PT Datindo
Institution
Entrycom
BTPN Syariah
Website
400
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good corporate governance
Information Disclosure Report to OJK DPBS, OJK Capital Markets, Indonesian Stock Exchange,
Other Institutions and Websites (as of December 31, 2023)
No Reference Number Letter Date Website Regarding Information
39 S.302/DIR/CSGC/VII/2023 July 21, OJK DPBS Submission of Consolidated Other
2023 Financial Reports and Evidence institutions,
OJK Capital
of Publication of Consolidated including
Market Net
Financial Reports of PT Bank PT
BEI Net BTPN Syariah Tbk as of June 30, Kustodian
2023 (Unaudited) Sentra Efek
Other
Indonesia,
Institution
PT Datindo
BTPN Syariah Entrycom
Website
40 S.303/DIR/CSGC/VII/2023 July 21, OJK DPBS Information Disclosure that the Other
2023 Public Needs to Know - Press institutions,
OJK Capital
Release - Performance in the including
Market Net
Second Quarter 2023: Focus PT Kustodian
BEI Net on Improving the Quality of Sentra Efek
Financing in Serving the Needs of Indonesia
Other
an Inclusive Community
Institution
BTPN Syariah
Website
41 S.320/DIR/CSGC/VIII/2023 August 4, OJK DPBS Securities Registration Monthly Other
2023 Report (as of July 31, 2023) institutions,
OJK Capital
including
Market Net
PT Kustodian
BEI Net Sentra Efek
Indonesia,
Other
PT Datindo
Institution
Entrycom
BTPN Syariah
Website
42 S.355/DIR/CSGC/IX/2023 September OJK DPBS Securities Registration Monthly Other
6, 2023 Report (as of August 31, 2023) institutions,
OJK Capital
including
Market Net
PT Kustodian
BEI Net Sentra Efek
Indonesia,
Other
PT Datindo
Institution
Entrycom
BTPN Syariah
Website
43 S.366/DIR/CSGC/IX/2023 September OJK DPBS Information Disclosure - Change Other
14, 2023 of Public Accountant to Novie, institutions,
OJK Capital
SE, CPA including
Market Net
PT Kustodian
BEI Net Sentra Efek
Indonesia,
Other
PT Datindo
Institution
Entrycom
PT Bank BTPN Syariah Tbk | 2023 Annual Report
BTPN Syariah
Website
44 S.379/DIR/CSGC/X/2023 October 4, OJK DPBS Report on Changes in the Other
2023 Appointment of a Public institutions,
OJK Capital -
Accountant as Responsible including
Market Net
Person for the Audit of Annual PT Kustodian
BEI Net - Historical Financial Information Sentra Efek
at PT Bank BTPN Syariah Tbk as Indonesia,
Other -
of December 31, 2023 PT Datindo
Institution
Entrycom
BTPN Syariah -
Website
401
Page 404
Information Disclosure Report to OJK DPBS, OJK Capital Markets, Indonesian Stock Exchange,
Other Institutions and Websites (as of December 31, 2023)
No Reference Number Letter Date Website Regarding Information
45 S.380/DIR/CSGC/X/2023 October 4, OJK DPBS - Report on Changes in the
2023 Appointment of a Public
OJK Capital
Accountant as Responsible
Market Net
Person for the Audit of Annual
BEI Net Historical Financial Information
at PT Bank BTPN Syariah Tbk
Other -
(as of December 31, 2023)
Institution
BTPN Syariah
Website
46 S.381/DIR/CSGC/X/2023 October 5, OJK DPBS Securities Registration Monthly Other
2023 Report institutions,
OJK Capital
(as of September 30, 2023) including
Market Net
PT Kustodian
BEI Net Sentra Efek
Indonesia,
Other
PT Datindo
Institution
Entrycom
BTPN Syariah
Website
47 S.387/DIR/CSGC/X/2023 October 11, OJK DPBS PT Bank BTPN Syariah Tbk Other
2023 Annual Public Expose institutions,
OJK Capital
Implementation Plan including
Market Net
PT Kustodian
BEI Net Sentra Efek
Indonesia
Other
Institution
BTPN Syariah
Website
48 S.403/DIR/CSGC/X/2023 October 19, OJK DPBS Submission of Consolidated
2023 Financial Report Publication as of
OJK Capital -
September 30, 2023 (unaudited)
Market Net
PT Bank BTPN Syariah Tbk
BEI Net -
Other -
Institution
BTPN Syariah -
Website
49 S.404/DIR/CSGC/X/2023 October 19, OJK DPBS Submission of Consolidated Other
2023 Financial Reports and Proof of institutions,
OJK Capital
Advertisement Publication of including
Market Net
Consolidated Financial Reports of PT Kustodian
BEI Net PT Bank BTPN Syariah Tbk as of Sentra Efek
September 30, 2023 (Unaudited) Indonesia
Other
Institution
PT Bank BTPN Syariah Tbk | 2023 Annual Report
BTPN Syariah
Website
402
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good corporate governance
Information Disclosure Report to OJK DPBS, OJK Capital Markets, Indonesian Stock Exchange,
Other Institutions and Websites (as of December 31, 2023)
No Reference Number Letter Date Website Regarding Information
50 S.405/DIR/CSGC/X/2023 October 19, OJK DPBS Information Disclosure - Other
2023 Press Release - Third Quarter institutions,
OJK Capital
Performance: Maintaining including
Market Net
Healthy Ratios, BTPN Syariah PT Kustodian
BEI Net Strengthens Community Sentra Efek
Capacity for Inclusion Indonesia
Other
Institution
BTPN Syariah
Website
51 S.408/DIR/CSGC/X/2023 October 20, OJK DPBS Submission of Material of Other
2023 the 2023 Annual Public Expose institutions,
OJK Capital
including
Market Net
PT Kustodian
BEI Net Sentra Efek
Indonesia
Other
Institution
BTPN Syariah
Website
52 S.416/DIR/CSGC/X/2023 October 31, OJK DPBS Public Expose Implementation Other
2023 Report (public Expose) PT Bank institutions,
OJK Capital
BTPN Syariah Tbk including
Market Net
PT Kustodian
BEI Net Sentra Efek
Indonesia
Other
Institution
BTPN Syariah
Website
53 S.420/DIR/CSGC/XI/2023 November OJK DPBS Securities Registration Monthly Other
8, 2023 Report (as of October 31, 2023) institutions,
OJK Capital
including
Market Net
PT Kustodian
BEI Net Sentra Efek
Indonesia,
Other
PT Datindo
Institution
Entrycom
BTPN Syariah
Website
54 S.454/DIR/CSGC/XII/2023 December OJK DPBS Securities Registration Monthly Other
8, 2023 Report (as of November 30, 2023) institutions,
OJK Capital
including
Market Net
PT Kustodian
BEI Net Sentra Efek
Indonesia,
Other
PT Datindo
Institution
Entrycom
PT Bank BTPN Syariah Tbk | 2023 Annual Report
BTPN Syariah
Website
403
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Investor
RELATIONS
As a public company, BTPN Syariah is committed to providing up to date information to investors and the
public. In order to realize this commitment, BTPN Syariah has an Investor Relations work unit whose role
is to communicate the Bank's performance on a regular basis, including managing investors' perceptions
and expectations regarding the Bank's strategy, policies, business prospects and achievements.
head of investor relations profile
name Andrew Adhitia
citizenship Indonesia
residence Bogor, Indonesia
age 43 years old
Graduate Degree in Business Administration, Sekolah Bisnis dan Manajemen Institut
education history
Teknologi Bandung (2022)
Level 4 Risk Management Certification is issued by the Risk Management Certification Body
certifications
(BSMR)
• in charge of Investor Relations BTPN Syariah (2023-present)
• Analytics and Market Intelligence Head BTPN Syariah (2018-2023)
work experience
• MIS and Analytics Head BTPN Syariah (2015-2018)
• Portfolio Analytics Head Bank Danamon (2011-2014)
Has no affiliation with the Board of Directors, Board of Commissioners, Sharia Supervisory
affiliated relationships
Board and Controlling Shareholders
investor relations activities
Throughout 2023, the Investor Relations work unit carried out various activities involving shareholders,
investors, securities company analysts and the public as follows:
1. Quarterly Analysts Briefing:
Time Material Method
February 9, 2023 FY 2022 Results Update Video Conference
April 28, 2023 1Q 2023 Results Update Video Conference
July 21, 2023 1H 2023 Results Update Video Conference
October 18, 2023 3Q 2023 Results Update Video Conference
2. Annual Rating Review by Fitch Ratings Indonesia on April 14, 2023 where Fitch Ratings Indonesia affirmed BTPN
Syariah's rating with a National Long-Term Rating at 'AAA(idn)'; Outlook Stable.
3. Update and discussions with investors and analysts through:
Method of Meeting Total Description
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Analyst/Investor Briefing 4 Presentation of quarterly financial performance reports
Meeting with investors and/or potential local/overseas/retail
Investor & Analyst Meeting/
100 investors and analysts to introduce the business model, update
Calls/Conference/ Webinar
performance and strategy of BTPN Syariah
Visit to get to know the activities of the Sharia Mobile Marketing
Investor & Analyst Site Visit 12 Team (MMS) at Wisma and customer activities at the Center
Routine Meeting (PRS)
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good corporate governance
Internal
AUDIT’S REPORT
Internal Audit as an independent work unit is one of the elements of the Internal Control System, namely
as the third line of defense. Internal Audit has an important role in helping the Bank achieve its goals,
through independent and objective assurance and consultation activities to provide added value to the
Bank and improve the Bank's performance.
internal audit charter
In carrying out its functions, Internal Audit is guided by the Internal Audit Charter which was approved
by the Board of Commissioners based on recommendations from the Audit Committee and stipulated
by the Board of Directors with number SK.011/DIR/SKAI/V/2023 dated 26 May 2023. The Internal Audit
Charter provides guidelines regarding the scope, Internal Audit responsibilities and authorities. This charter
confirms the position of Internal Audit within the Bank's organization, its independence and working
relationship with external parties. This Internal Audit Charter is also official confirmation that Internal
Audit is committed to upholding the internal auditor's code of ethics in carrying out its obligations.
The preparation of the Internal Audit Charter and implementation of Internal Audit activities refers to the
Financial Services Authority Regulation (POJK) No. 1/ POJK.03/2019 concerning Implementation of the
Internal Audit Function in Commercial Banks and POJK No. 56/POJK.04/2015 concerning the Formation
and Guidelines for Preparing the Internal Audit Unit Charter, as well as The International Professional
Practice Framework (IPPF) from the Institute of Internal Auditors (IIA). Internal Audit periodically reviews
and aligns the audit charter with applicable provisions and standards.
the position of internal audit in the Bank organizational structure
As an independent work unit, Internal Audit is directly responsible to the President Director, coordinates
with the Audit Committee and can communicate directly with the Board of Commissioners to provide
information on various matters related to the audit. Thus, BTPN Syariah Internal Audit does not have
responsibility and reporting relationships with management or other parties related to Bank operations
that can influence the disclosure of audit results.
Below is the Internal Audit Organizational Structure:
President Board of Commissioners
Director through Audit Committee
Internal Audit
Head
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Audit Planning
Business Audit Head Office Audit IT Audit
& Support
405
Page 408
The Internal Audit organization consists of 4 parts, each part functions as follows:
1. Business Audit
Carry out audits in the Business area which includes funding and financing businesses and monitor
follow-up to audit results
2. Head of Audit Office
Carry out audits in the Head Office area, in this case including support functions that serve the Bank as
a whole and monitor follow-up to audit results
3. Information Technology Audit
Carry out audits in the Information Technology area and monitor follow-up to audit results
4. Audit Planning & Support
Responsible for facilitating the Annual Audit Planning process, developing Audit Methodology & Tools,
developing Auditors, carrying out Quality Assurance Audits, Remote Audits, Data Support & MIS, and
Internal & External Regular Reporting.
internal audit head profile
Name Gatot Prasetyo
Citizenship Indonesia
Residence Tanggerang Selatan
Age 51 years old until the end of 2023 Financial Year
Education History Graduate degree in Management, Universitas Bina Nusantara (2007)
Audit Competence Certificate Qualified Internal Auditor (QIA), Indonesia Internal Audit Practitioner (IIAP)
• Appointed by the President Director with the approval of the Board of
Commissioners
Basis of Appointment • Being effective since 1 June 2017, through Decree No. 003/CIR/KRN/V/2017
concerning Approval of Changes to the Head of the Internal Audit Work Unit of
PT Bank Tabungan Pensiunan Nasional Syariah Tbk
• Internal Audit Head, Bank BTPN Syariah, Jakarta (2017 – Sekarang)
• Business Risk Head, Bank BTPN Syariah, Jakarta (2017)
• Micro and Small Business Audit Head, Bank BTPN, Jakarta (2015 – 2017)
Work History • Head Office and IT Audit Head, Bank BTPN, Jakarta (2011 – 2015)
• Internal Audit Head, Bank Barclays Indonesia, Jakarta (2011)
• Operations Control Head, Bank Barclays Indonesia, Jakarta (2009 – 2011)
• Operations Control Head, Royal Bank Scotland (RBS) Bank, Jakarta (1998 – 2009)
Has no affiliation with the Board of Directors, Board of Commissioners and
Affiliated Relationships
Controlling Shareholders
appointment and dismissal
The appointment and dismissal of the Head of Internal Audit is carried out by the President Director with
the approval of the Board of Commissioners based on the recommendation of the Audit Committee. The
appointment and dismissal of the Head of Internal Audit is reported to the Financial Services Authority (OJK).
independence
Several provisions are stipulated for the implementation of an independent and objective internal audit
function, among others, Internal Auditors are not permitted to hold concurrent positions or carry out
other operational activities, are not involved in operational decision making (only limited to providing
recommendations), every assignment to Internal Auditors must avoid conflict bias and interests (Conflict
PT Bank BTPN Syariah Tbk | 2023 Annual Report
of Interest) whether actual or potential. Apart from this, Internal Audit applies periodic task restrictions
and has the right to determine and apply audit methods in accordance with professional standards and
generally accepted audit standards
code of ethics
Internal Audit has a code of ethics as a guideline for all auditors in carrying out their duties as prepared by
The Institute of Internal Auditors as follows:
• Integrity
The integrity of the internal auditor establishes confidence and therefore becomes the basis for trust in
the internal auditor's judgment.
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good corporate governance
• Objectivity • Allocate resources, determine frequency, select
Internal auditors demonstrate professional subjects, and determine the scope of audit
objectivity at the highest level in obtaining, activities required to achieve audit objectives
evaluating and communicating information • Apply audit methods in accordance with
about the activity or process being tested. professional standards and generally accepted
Internal auditors carry out a balanced audit standards and adapt them to conditions
assessment of all relevant matters and are not in the field
unduly influenced by personal interests or other • Obtain the necessary assistance from audited
parties in providing considerations. unit personnel and experts from both inside
and outside the organization
• Confidentiality • Involved in audit assignments carried out by
Internal auditors respect the value and the Parent Bank (PT. Bank BTPN) as part of
ownership of the information they receive knowledge transfer and staff development
and do not disclose such information without • Communicate directly with the Board of
lawful authority, unless required by law or the Directors, Board of Commissioners, Audit
profession. Committee and Sharia Supervisory Board
(DPS) including through personal meetings
• Competence without the presence of Management and
Internal auditors apply the knowledge, skills and communicate with the Financial Services
experience required to provide internal audit Authority (OJK) at least once every 1 (one) year
services. • Holding regular and incidental meetings
with the Board of Directors, Board of
duties and authorities of internal audit Commissioners, and Audit Committee, as well
The main duties of Internal Audit are as follows: as the Sharia Supervisory Board
• Assist the President Director and Board of • Coordinating activities with external auditors
Commissioners in carrying out supervision by • Participate in strategic meetings without
explaining operationally both the planning, having voting rights
implementation, as well as the monitoring of • Ensure that there is sufficient approval in the
audit results event of a request for an extension of the
• Make analysis and assessments in the fields follow-up fulfillment target
of finance, accounting, operations and other
activities through audits human resource development
• Identify all possibilities to improve and increase Internal Audit is committed to continuously
the efficiency of use of resources and funds improving quality through comprehensive
• Providing suggestions for improvements and audits with competent human resources and
objective information about the activities implementing audit professional standards to
examined at all levels of management provide added value for the Bank. Internal Audit
Human Resources (HR) development is carried
To facilitate the implementation of its duties out by improving the skills and competencies
and functions, Internal Audit has the following of auditors through certification programs and
authority: training programs both internal and external. Until
• Have access to all information about the December 31, 2023, Internal Audit is supported
company (all functions within the organization, by competent auditors who have the following
records, employees, resources and funds and professional certification:
other Bank assets) related to its duties and
PT Bank BTPN Syariah Tbk | 2023 Annual Report
functions
Certifications Organizer Total
Risk Management Certification - Level 2 LSPP 19
Risk Management Certification - Level 3 LSPP 5
407
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Certifications Organizer Total
Risk Management Certification - Level 4 LSPP 1
Compliance Certification LSPP 1
Certified Information System Auditor (CISA) ISACA 2
Chartered Accountant (CA) IAI 1
Indonesia Internal Audit Practitioner (IIAP) IIA 1
Qualified Internal Auditor (QIA) YPIA 5
Certified Practitioner of Internal Audit (CPIA) YPIA 1
Certified Bank Internal Audit (CBIA) - Auditor LSPP 11
Certified Bank Internal Audit (CBIA) - Supervisor LSPP 6
Below are the training programs that Internal Audit participated in throughout 2023:
Training/Webinar Organizers
Risk Management Certification Refreshment Level 1 - 3 LSPKS
Agile Introduction BTPNS
Scrum Master BTPNS
Dynamic Presentation T&DON
T-Talk Series_Promote Sustainable Pace BTPNS
Internal Control COSO - 2013 YPIA
Internal Audit Standard & Code of Conduct YPIA
Agile Auditing IIA
Leadership Training TalentBox
Information Asset Management Vedapraxis
Sharia Banking Refreshment BTPNS
Risk Maturity Proxis
ISO27001 Awareness Training for the Information Security Management System (ISMS)
Vedapraxis
implementation team
Analyzing & Improving Business Processes IIA
Special Class for Head/Lead of Internal Audit for Indonesian Internal Audit Practitioner (IIAP)
IIA
Certification Program
Network Penetration Testing CyberAcademy
Blue Team Fundamental CyberAcademy
Android Penetration Testing CyberAcademy
Training Data Analysis for Internal Auditor IIA
Python for Data Science Hacktiv8
Training Continuous Audit and Data Analytic IIA
Analyzing & Improving Business Process IIA
Root Causes Analysis IIA
Critical Thinking: A Vital Auditing Competency IIA
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Financial Auditing for Internal Auditors IIA
Audit Issue Writing IAD SMBC
2023 internal audit activity report
In 2023, Internal Audit has completed audits according to plan for 22 regular audit assignments which
include 5 assignment classifications as follows: Business Process, Operations & Support Functions,
Information Technology, Regulatory Audit and Line of Distribution. Apart from that, Internal Audit
has carried out 2 limited reviews of the Information Security Management System (SMKI) and the
development of the QRIS feature in Mobile Banking.
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good corporate governance
The audit results have been used as material for evaluating improvements in terms of policy, business and
operational processes, infrastructure and HR management. Internal Audit monitors all follow-up audit
results to ensure every problem has been resolved and risks have been controlled. To ensure this, each
audit result and follow-up progress is reported to the Board of Directors and the Board of Commissioners
through the Audit Committee. Until the end of 2023, follow-up improvements have been carried out
according to the specified schedule.
business process
04
subsidiary operations &
support function
01 04
information 01 03 regulatory
technology audit
08
line of distribution
Throughout 2023, internal audit have also carried
out several activities, as follows: audit methodology
1. Carrying out the role of Internal Audit as an Internal Audit applies a risk based audit
Independent party in providing input/review in methodology in carrying out internal audit
developing Mobile Banking Features. activities by focusing on high risk areas. Internal
2. Continuously and continuously build Audit carries out a line of distribution audits,
communication and cooperation with the first namely by conducting Hybrid Audit checks. Hybrid
and second layers in order to create a strong Audit is an audit approach where field work is
Bank defense. carried out both off-site and on-site, so that on-
3. Review the policies and procedures that apply site activities are more efficient and effective.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
in Internal Audit so that they are always up to
date and in accordance with standards. In order to improve audit quality, Internal Audit
4. Communicate and collaborate with BTPN continues to develop audit methodology and
Internal Audit as the Parent Company perfect its audit program so that it is in line with
regarding methodology, HR development and existing business process developments and
technology. Apart from that, a joint audit best practices, including The Institute of Internal
was also carried out on the BTPN Syariah Auditors (IIA) and the Information System Audit
Operations Audit. and Control Association (ISACA).
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frequency of meetings with the Board of Commissioners, Directors, Audit Committee,
Sharia Supervisory Board and Head of Internal Audit BTPN
During 2023, Internal Audit participates as a meeting participant or delivers presentations at meetings of
the Board of Commissioners, Directors, Audit Committee, Sharia Supervisory Board and Head of Internal
Audit of BTPN with the following frequency of attendance:
Meeting Description Frequency of Attendance
Board of Commissioners Meeting 1
Board of Directors Meeting 42
Audit Committee Meeting 12
Sharia Supervisory Board Meeting 3
Meeting with BTPN’s Head of Internal Audit 12
quality implementation and development standards
Internal Audit uses Mandatory Guidance (including Core Principles for the Professional Practice of Internal
Auditing, the Code of Ethics, the Standards, and the Definition of Internal Auditing) established by The
Institute of Internal Auditors and POJK No. 1/POJK.03/2019 concerning the Implementation of the
Internal Audit Function in Commercial Banks, as a Professional Standard for Internal Audit (SPFAI). Apart
from that, Internal Audit also uses Information System Audit and Control Association (ISACA) standards
as a reference for best practices.
Internal Audit has an Audit Quality Control program designed to evaluate the conformity of internal audit
activities with established standards and regulations. Audit Quality Control activities are carried out
through:
1. Periodic Assessment
2. External Assessment carried out by an independent and competent Public Accounting Firm/Consultant
A review of the suitability of internal audit practices has been carried out by the Public Accounting Firm
Paul, Hadiwinata, Hidajat, Arsono, Retno, Palilingan & Rekan which is a member of PKF International with
the audit period covering July 1, 2020 to June 30, 2023 with the conclusion that the implementation of the
Internal Audit function " In general, it is in accordance with POJK provisions and IIA Standards. The results
of the review have been submitted to the OJK in August 2023
internal audit information system
To increase effectiveness and maintain the quality of audit implementation according to standards.
Internal Audit uses an Audit Management System (AMS) which helps from the preparation stage, field
implementation, reporting, to monitoring follow-up audit results.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
In addition, the process of digitizing business processes and operational processes at BTPN Syariah
encourages Internal Audit to continue developing data analytics capabilities within the Internal Audit
organization. In 2023, through the Remote Audit System phase 3 internal audit project, we will enrich the
audit data mart, develop transaction anomaly reports, continuous monitoring, and visualize the results
of data analysis via the Tableu dashboard. Strengthening audit analytics is also carried out by developing
auditor resources so that they are able to carry out audit analytics adequately.
In an effort to improve the quality of the audit process, an internal audit dashboard has also been
developed in an effort to ensure monitoring of audit implementation is carried out in accordance
with established plans, follow-up monitoring of audit results can be monitored continuously, and the
implementation of quality assurance audits on ongoing audit implementation can be well monitored.
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good corporate governance
External AUDIT
BTPN Syariah has appointed a Public Accounting Firm (KAP) registered with the Financial Services
Authority, namely Siddharta Widjaja and Rekan (an Indonesia Partnership and member firm of the KPMG
Network of Independent Member Firm affiliated with KPMG International Cooperative – KPMG) to
audit the Financial Report Consolidation in 2023. The appointment of KAP is based on the Shareholders'
Decision at the 2023 Annual General Meeting of Shareholders taking into account recommendations from
the Audit Committee and the Board of Commissioners.
The total costs incurred for the audit of the 2023 Financial Statements are IDR 887,000,000 (Eight
Hundred and Eighty Seven Million Rupiah) excluding out-of-pocket expenses (OPE) and 11% (Eleven
Percent) VAT.
The appointment of KPMG as external auditor was first made for the 2019 financial year.
When providing Public Accountant (AP) and KAP services, there is no conflict of interest with the audit
services provided to BTPN Syariah. In order to comply with the provisions in POJK 9 of 2023 concerning
the Assignment of Public Accounting Services and Public Accounting Firms in Financial Services Activities,
KPMG has submitted a Statement of Independence stating that AP, KAP and KAP Insiders have fulfilled
the independent conditions in providing audit services for the 2023 financial year.
profile of the accountant in charge
Novie, SE, CPA
Indonesian Citizen
Obtained a Bachelor's degree in Accounting from Tarumanagara University, Jakarta.
She has Public Accountant certification from the Indonesian Institute of Public Accountants (IAPI),
Indonesian Chartered Accountant certification from the Indonesian Accountants Association (IAI), is a
member of IAPI and IAI, and is a Public Accountant registered with OJK Banking, OJK Sharia Banking, OJK
Capital Markets and OJK Non-Bank Financial Institutions (OJK IKNB).
Has more than 19 years of experience in auditing financial reports of financial service institutions in
Indonesia, especially banking and finance companies. She is also involved in advisory projects including
mergers & acquisitions in the banking industry, consulting for the implementation of accounting standards
for financial instruments, as well as providing input to companies and regulators in terms of accounting for
certain regulatory issues or drafts.
Complementing her role as a Public Accountant, she is also active in providing training related to
accounting, including being one of the trainers who assists the OJK in socializing PSAK 71 for the financing
industry.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
2023 was Novie's second year conducting an audit of BTPN Syariah's financial reports.
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KAP implementing the audit of consolidated financial statements at BTPN Syariah
(2019-2023 period)
Financial KAP Accountant in Accountant Services Fee
Public Accountant’s Office
Year Term Charge Term Provided (Rp Mio)
Siddharta Widjaja and Partners (an
Indonesia Partnership and member Audit
2019 firm of the KPMG Network of 1 Liana Lim, SE, CPA 1 Financial 1,325
Independent Member Firm affiliated Statement
with KPMG International Cooperative
Siddharta Widjaja and Partners (an
Indonesia Partnership and member Audit
2020 firm of the KPMG Network of 2 Liana Lim, SE, CPA 2 Financial 1,370
Independent Member Firm affiliated Statement
with KPMG International Cooperative
Siddharta Widjaja and Partners (an
Indonesia Partnership and member Audit
2021 firm of the KPMG Network of 3 Liana Lim, SE, CPA 3 Financial 1,440
Independent Member Firm affiliated Statement
with KPMG International Cooperative
Siddharta Widjaja and Partners (an
Indonesia Partnership and member Audit
2022 firm of the KPMG Network of 4 Novie, SE, CPA 1 Financial 1,620
Independent Member Firm affiliated Statement
with KPMG International Cooperative
Siddharta Widjaja and Partners (an
Indonesia Partnership and member Audit
2023 firm of the KPMG Network of 5 Novie, SE, CPA 2 Financial 887*
Independent Member Firm affiliated Statement
with KPMG International Cooperative
*does not include OPE
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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good corporate governance
other services provided
Throughout the audit period for the 2023 financial year, KPMG does not provide other services apart from
Annual Financial Report audit services so that no fees are paid for non-audit services.
implementation of the International Ethics Standards Board of Accountants (IESBA) at BTPN
Syariah in 2023
Recommender : Audit Committee as Those Charged with Governance (TCWG) at BTPN
Syariah
Type of Non-assurance services on KAP KPMG AZSA LLC or KPMG International
Recommendation : Network on Agreed Upon Procedures (AUP) Engagements, Comfort Letters
Engagements, Tax Compliance and Advisory Engagements and General or
Industry Training Sessions on Internal Audit
Purpose : Regarding the implementation of corporate actions at SMBC and SMFG and
their business groups as long as they do not conflict with statutory provisions.
The recommendation is given to ensure that the service engagement provided by KAP KPMG AZSA LLC
will not pose a threat to KPMG's independence as BTPN Syariah auditor.
The Audit Committee recommendations are as stated in the Minutes of the Audit Committee Meeting
together with the Board of Directors and Board of Commissioners Number MOM 005/DIR/CSGC/I/2023
dated 30 January 2023, Circular resolution of the Audit Committee Number 001/CIR/AC/III/2023 dated
March 15, 2023 and Number 006/AC/IX/2023 dated September 13, 2023.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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Internal Control
SYSTEM
BTPN Syariah applies a layered defense approach The Board of Commissioners and the Sharia
(three lines of defense) as a risk management and Supervisory Board are tasked with carrying out
internal control framework. Further explanation supervisory functions over the implementation
regarding risk management and internal control of risk management by the Board of Directors,
systems can be found in the Risk Management to ensure that each function in the organization
section of this 2023 Annual Report. implements risk management that is adapted to
the conditions in each section and, moreover, to
disclosure of internal control oversight ensure control is a well consolidated part.
The Board of Directors, Board of Commissioners
and Sharia Supervisory Board have ensured To achieve this goal, the Board of Directors must
that supervision is carried out in various fields to ensure the availability of supporting tools in the
ensure that good internal controls and controls form of adequate risk management policies and
have been implemented at the Bank in the areas procedures as well as the availability of adequate
of operations, finance, compliance, including risk limit implementation.
compliance with sharia principles and the risk
management system at BTPN Syariah. In order to ensure that the risk management
process can be implemented in the bank,
Various forms of supervision by the Board of BTPN Syariah has a policy that regulates the
Directors, Board of Commissioners and Sharia adequacy of the risk identification, measurement,
Supervisory Board have been carried out through monitoring and control process as well as the risk
discussions, corporate meetings and field visits management information system.
as well as fulfilling other supervisory duties as
described in the Board of Directors Meeting Throughout 2023, the Board of Directors has
Agenda, Board of Commissioners and Board of ensured that internal control principles receive
Directors Meeting Agenda, Board of Directors- full participation from every employee to support
level Committee Meeting Agenda, Meeting Agenda the Bank in carrying out its business activities.
Board of Commissioners Level Committees as well This means that every employee plays a role
as the Sharia Supervisory Board Meeting Agenda in management plans, developing operational
in the Bank Organ Governance Implementation activities and improving the quality of human
Report section of this 2023 Annual Report. resources from time to time.
Board of Directors' supervision of risk The Board of Directors' supervision of internal
management
control is supported by a system that implements
The Board of Directors has ensured that three lines of defense supported by adequate
supervision is carried out on the implementation Quality Assurance according to the bank's
of risk management at BTPN Syariah during 2023, conditions and needs, the availability of a Risk
which refers to the Financial Services Authority Management Work Unit and an Internal Audit
Regulation Number 65/POJK.03/2016 concerning Work Unit.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
the Implementation of Risk Management for
Sharia Commercial Banks and Sharia Business The implementation of risk management is
Units, the realization of which is in line with the explained further in the description of the
Business Plan, Plan Corporations, Sustainable Operational Review on the theme of Risk
Financial Action Plans and Bank Key Strategic Management in the 2023 Annual Report.
Initiatives.
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good corporate governance
Compliance REPORTS
As a public company, the level of compliance • Intensive coordination is carried out with
with applicable regulations must continue to be all work units in the Bank in the context
improved, not only complying with the provisions of inspections carried out by regulators
of the banking OJK but also complying with the starting from the document request stage,
provisions of the Capital Markets OJK and the onsite visits, discussions or interviews
provisions of other regulators. Compliance culture with work units up to exit meetings and
continues to be improved so that it becomes a fulfillment of follow-up commitments.
culture that is implemented at all levels of the • The exit meeting with OJK for the
organization. inspection period of August 31, 2023 was
held on December 22, 2023.
As planned in 2023, the strategy to improve • Commitments to the regulator regarding
compliance culture prioritize the following things: recommended improvements based on the
2022 inspection results can be completed
1. From a governance perspective in full and some of the 2023 inspection
• Supervision of the Board of Commissioners, results can be followed up according to the
Directors and Sharia Supervisory Board agreed time period.
(DPS) is carried out properly through • The compliance risk management process
structured mechanisms in regular meetings continues to be carried out well to ensure
and direct field visits. that potential compliance risks can be
• The Indonesian government has officially properly mitigated, which indicates that
revoked the COVID-19 Pandemic status the compliance culture has been well
since June 21, 2023, however, recovery implemented in the Bank.
after the Covid 19 pandemic has still not
returned to normal conditions. So that the 2. From Awareness Perspective
implementation of offline supervision is • To improve technical and non-technical
carried out while still paying attention to capabilities for all employees, the Bank
the conditions of the destination area and makes efforts to develop the quality of its
optimizing the use of documents available human resources, so that they are in line
in the Bank's system as well as online with current developments.
communication / virtual links using the Bank's • Training for new employees and
communication technology. refreshment for existing employees must
• The Bank continues to socialize the regulatory be carried out and run effectively so that
portal which contains external and internal every employee understands the training
regulations that make it easier for employees material and can implement it well in their
to find trusted references for work guidance. daily duties and work.
• Monitoring of the conformity of internal • Various information to improve the culture
provisions to external provisions continues of compliance is presented through various
to be carried out effectively so that media that is interesting and easy for
PT Bank BTPN Syariah Tbk | 2023 Annual Report
internal provisions are always updated employees to understand.
with applicable external provisions, where • In collaboration with other work units
the issuer of provisions carries out self- to assist with compliance issues with
certification of the provisions they issue. regulations, a ready-to-help platform
• With a work process that has a relationship and mechanism has been built that helps
concept with the business unit, the employees easily ask questions and get
internalization of rules can be carried out more answers quickly and thoroughly.
quickly, effectively and with good quality.
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• Socialization, sharing sessions and Apart from the above, BTPN Syariah implements
refreshments to increase understanding of the Risk Base Approach (RBA) through the
sharia principles regarding contracts used in Sectoral Risk Assessment (SRA) and National Risk
the Bank's operational activities and their Assessment (NRA) methods in accordance with
implementation as well as other matters OJK and PPATK regulations. By implementing this,
related to sharia principles, APU, PPT & BTPN Syariah has been able to identify customers
PPPSPM to new employees, and also given according to existing categories, namely Low,
regular refreshment training periodically Medium and High. Implementing the principle
online and offline on an ongoing basis. of knowing your customers well will make BTPN
Syariah healthy and avoid money laundering
Apart from sharia principles, awareness is practices, terrorist financing and funding the
also carried out through socialization and proliferation of weapons of mass destruction.
refreshment of the provisions that apply to A strong Compliance Culture will support BTPN
bank activities such as POJK, SEOJK, PBI Syariah to grow quickly and healthily.
and PADG BI as well as other provisions.
With the issuance of OJK Regulation Number
3. From Assesment Perspective 8 of 2023, concerning the Implementation of
• To implement compliance with sharia Anti-Money Laundering Programs, Prevention of
principles in Bank operational activities, Terrorism Financing and Prevention of Funding
including but not limited to fund collection for the Proliferation of Weapons of Mass
activities, fund distribution and Bank Destruction in the Financial Services Sector, the
services, a checking mechanism is built Bank adjusted its implementation by updating
indirectly through document inspection Policies and Procedures regarding efforts to
or directly in the field with DPS and other prevent the occurrence of Money Laundering,
related teams through discussions and Terrorism Financing and Funding the Proliferation
questions and answers conducted with of Weapons of Mass Destruction.
employees at the Head Office, Branches,
KFO and Community Officers and even with In accordance with the corporate strategic key,
customers, especially financing customers. to be able to realize the work plan in 2023, the
• DPS supervision has been carried out organizational structure of the compliance function
with direct visits including KC and MMS is adjusted to existing needs, one of which is to
Bandung Region (Jabar 4), KFO and MMS ensure that the compliance culture continues to
Mataram Region, KFO Sidorejo and MMS be improved at the Bank. Apart from the Sharia
Solo Raya Region (Central Java 8), KC and Compliance and Advisory (CSA) and AML & CFT
MMS Makassar Region, KC and MMS Aceh, Compliance functions, there is a Compliance &
MMS Madura Region and MK Mitra Right Development Support function which was built
Financing Activities – Qardh Liquidity. to perfect tools and various concepts in order to
• The APU PPT and PPPSPM programs have increase the ease of employees in accessing the
been implemented in several branch offices, regulatory portal which contains trusted external
including KC Semarang, KC Surabaya, and internal provisions as a basis for work
PT Bank BTPN Syariah Tbk | 2023 Annual Report
KC Denpasar Bali and KC Menara Kadin implementation.
Jakarta to ensure that the implementation
of APU PPT and PPPSPM has been carried Updates to policies and other provisions continue
out in accordance with the provisions, in to be carried out to ensure that the Bank is
order to mitigate the Bank's risk of money updated with the latest regulations from the
laundering. , Crime of Financing Terrorism regulator. Systems and procedures continue to
and Financing the Proliferation of Weapons be refined to support all Bank processes running
of Mass Destruction. by observing the principle of prudence and in
accordance with sharia principles.
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good corporate governance
By implementing the strategy above, a good 5. The Bank has obtained permission from Bank
Compliance Culture has gradually been created Indonesia via letter number No.25/ /DKSP/
because all work units can understand external Srt/B dated 6 September 2023 regarding
and internal regulations correctly. Because product development in the form of features
compliance is actually the responsibility of all lines for acquiring new funding customers using
of the organization. The Bank's compliance with e-KYC and managing ATM cards via mobile
existing regulations is a reflection of good corporate banking.
governance, as well as the basis for BTPN Syariah to
grow quickly and healthily. This achievement cannot be separated from the
way the Bank faces the challenges that exist
To be able to contribute and support the realization during 2023. The challenges during 2023 can be
of Good Intentions in a swift manner, what has identified as follows:
been done is that the Bank has built a Compliance 1. There are many rules issued by regulators
Helpdesk and relationship concept so that the needs and banks are obliged to follow them. What
of all work units regarding clarity of external and is done is to update the rules on a daily basis
internal provisions can be served more quickly and and carry out follow-up actions according to
precisely. It is hoped that with fast and accurate the areas regulated until they are completed
regulatory information services, Compliance Culture and the Bank complies with the existing rules.
can be implemented in all lines of the organization. 2. The number of employees is large and
spread across various regions so there is
Based on the activities that have been carried out, a high potential for non-compliance with
the main achievements in 2023 can be stated as: the rules. What is done is to ensure that
1. The compliance culture is well implemented in adequate internal control is implemented,
the Bank, it is proven that all prudential ratios apart from that, periodic DPS inspections
can be maintained well, there are no significant are carried out to ensure compliance with
fines from the regulator and all compliance sharia principles for both employees and
risk profile parameters show positive values so customers in the field; In addition, carrying
that the composite value of the compliance risk out compliance assessments to ensure that
profile is at risk level 2 (Low to Moderate ) the Bank's operational implementation is in
2. The internalization of regulatory rules can be accordance with applicable regulations, as
carried out well, as evidenced by the absence well as conducting socialization of regulations
of delays in the application of external rules to through communication media that can be
internal rules. With the provisions portal, banks accessed by all employees.
can monitor the period for reviewing provisions 3. There are a lot of reports that OJK must
so that they are always updated with existing submit with different time targets. To
provisions. overcome this, the Bank always ensures that
3. The Bank's commitment to regulators can be the reminder system functions well so that
fulfilled and resolved properly. Implementation there are no delays in making reports.
of improvements to OJK audit results in 4. For reporting to PPATK, the Bank has
2022 as well as implementation of provisions implemented the GO AML application
PT Bank BTPN Syariah Tbk | 2023 Annual Report
that are the bank's obligations, such as which is a means of reporting to PPATK,
implementation of the APU PPT program in addition to implementing customer risk
based on the Risk Based Approach (RBA) profile assessments based on RBA with the
and implementation stages of GO AML in latest parameters. In addition, to ensure that
accordance with applicable regulations the Bank is free from corruption, it continues
4. Updating of internal regulations has been to socialize the integrity pact and implement
carried out including Compliance Policies and employee declarations to comply with
Entertainment & Prize Procedures, including regulations and be anti-bribery.
APU PPT and PPPSPM Policies and Procedures
in accordance with the latest POJK.
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Compliance Culture must continue to be improved because a good compliance culture will support
the Bank to grow quickly and healthily. Compliance is the responsibility of all lines of the organization.
The Bank's compliance with existing regulations will be a reflection of good corporate governance, as
evidenced by the various awards the Bank has received. This cannot be separated from being evidence that
the compliance culture has been implemented well at all levels of the Bank's organization.
Entering its 9th year, Bank BTPNS has core capital of more than IDR 8 trillion, so in accordance with POJK
No 12/POJK.03/2021 concerning Commercial Banks, Bank BTPNS is included in the Group of Banks with
Core Capital owned by 2 (KBMI 2), namely it is a bank. with Core Capital of more than IDR 6 trillion) up to
IDR 14 trillion); Therefore, improvements to the internal control function continue to be made. Coordination
of the Compliance Division, Risk Management Division, Corporate Information Security Division and Legal
and General Counsel Division is increasingly visible in supporting businesses from initiation to evaluation of
implementation.
With the issuance of POJK No 16/POJK.03/2022 concerning Sharia Commercial Banks, the Bank is
mapping its office network in accordance with the provisions in the POJK. Apart from that, this POJK also
regulates synergy between the Bank and subsidiaries of non-bank financial institutions, where the Bank
carries out this synergy with the subsidiary company, BTPN Syariah Ventura in various fields including
Human Resources, Information & Technology, Compliance, Corporate Secretary, Communication, Legal.
The implementation of Banking Synergy and Integrated Compliance Governance with the parent Bank has
been implemented by updating the Cooperation Agreement with PT Bank BTPN Tbk as the Parent Bank
to strengthen banking synergies. This PKS update has been submitted to the OJK in accordance with the
provisions. Regarding integrated compliance, the Bank supports the integrated compliance function of
the main entity in implementing the Integrated Compliance Work Unit function by submitting integrated
reports, risk profiles and compliance dashboards as well as holding regular coordination meetings.
Continuing what was done in the previous year and in order to meet business demands to develop quickly
and healthily, apart from continuing the Compliance Culture strategy that has been launched, what needs
to be done is that all compliance function services can be provided more friendly, quickly and thoroughly.
Friendly in the sense of communication and interaction with all work units in the delivery of provisions and
articles in a language that is better understood by employees accompanied by implementable examples,
procedures are translated in the form of work charts/flow charts so that they are easier to understand,
socialization materials are more often provided in various media that are often used by employees,
compliance testing in compliance assessments is carried out both onsite and offsite.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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good corporate governance
Fast in the sense that all work unit needs for information and review of provisions can be served more
quickly and have measurable SLAs so they can be relied on.
Complete means that all problems and potential compliance risks can be identified properly and precisely,
so that the causes / root causes can be resolved thoroughly so that the same mistakes do not happen
again.
With the activities mentioned above, it is hoped that a good Compliance Culture will be created. Because
compliance is actually the responsibility of all lines of the organization. The Bank's compliance with existing
regulations will be a reflection of good corporate governance, as well as being the basis for the Bank to
grow quickly and healthily.
compliance head profile
Name Fauzan Rizani
Citizen Indonesia
Domicile Depok
Age 45 years at the end of financial year 2023
Educational Background Bachelor of Economics, Padjadjaran University (1997)
Competency Certification Level IV Risk Management Certification valid until July, 2024
Basis of Appointment • Appointed by the President Director with the approval of the Board of
Commissioners
• Effective since June 7, 2021 through Decree No. 0005/HCS/SK-PK/VI/2021 about
Regarding the appointment of employees
Work Experience • Compliance Head, Bank BTPN Syariah, Jakarta (2021 – Present)
• Compliance Head, HSBC, Jakarta (2014 - 2021)
• Compliance, Citibank Indonesia, Jakarta (2010 – 2014)
• Internal Audit, Citibank Indonesia, Jakarta (2005 2010)
• Senior Auditor, Ernst & Young, Jakarta (2003-2005)
• Semi Senior Auditor, Dedy Mulyadi & Rekan, Jakarta (2002-2003)
• Junior Auditor, Deloitte Touche Tohmatsu, Jakarta (2001 – 2002)
Affiliate Relationships Has no affiliation with the Board of Directors, Board of Commissioners and
Controlling Shareholders
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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Conflict of Interest
AND AFFILIATED TRANSACTIONS
Conflict of interest is a situation where there is a conflict between the Bank's
economic interests and the personal economic interests of members of the Board
of Commissioners, Board of Directors, Majority Shareholders or Affiliated Parties of
members of the Board of Commissioners, Board of Directors or Majority Shareholders.
During 2023, there was no transactions containing conflicts of interest at BTPN
Syariah.
transactions with affiliated parties
BTPN Sharia has submitted a report to the Financial Services Authority and the
Indonesia Stock Exchange through Letter Number S.327/DIR/CSGC/VII/2021 dated
August 16, 2021, regarding a collaboration in the field of information technology with
affiliated parties, namely Sumitomo Mitsui Banking Corporation and PT Bank BTPN Tbk
(BTPN/Parent Entity), with the event date being August 16, 2021.
This collaboration signifies the support from Sumitomo Mitsui Banking Corporation
and BTPN as the ultimate controlling shareholders of BTPN Syariah, aiming to develop
digital banking businesses in both BTPN and BTPN Syariah. The Board of Directors
ensures that affiliate transactions have adhered to adequate procedures to guarantee
compliance with generally accepted business practices, following the arm's length
principle.
As of the year 2023, the collaboration continues, and the recorded value of transactions
up to December 31, 2023, is documented as nil.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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good corporate governance
Anti Money Laundering
PREVENTION OF TERRORISM FINANCING AND PREVENTION
OF FUNDING FOR THE PROLIFERATION OF WEAPONS OF
MASS DESTRUCTION (APU, PPT & PPPSPM)
BTPN Syariah is fully committed to implementing regulations related to Anti-Money Laundering,
Prevention of Terrorist Financing and Prevention of Funding for the Proliferation of Weapons of Mass
Destruction (APU, PPT & PPPSPM) including implementing the know your customer (KYC) principle.
The Bank in implementing the Anti-Money Laundering Program, Prevention of Terrorism Financing and
Prevention of Funding for the Proliferation of Weapons of Mass Destruction refers to OJK Regulation
Number 8 of 2023, concerning Implementation of the Anti-Money Laundering Program, Prevention of
Terrorism Financing and Prevention of Funding for the Proliferation of Weapons of Mass Destruction in the
Financial Services Sector. This implementation is carried out by creating Policies and Procedures regarding
efforts to prevent Money Laundering, Terrorism Financing and Funding for the Proliferation of Weapons of
Mass Destruction.
Implementation of the APU PPT & PPPSPM Programs that have been carried out by the Bank during 2023
include:
1. APU, PPT & PPPSPM regulations
a. The Bank has adjusted the APU, PPT and PPPSPM provisions in accordance with the latest
regulations from the regulator;
b. The Bank has evaluated the implementation of the APU, PPT and PPPSPM programs through
the implementation of APU, PPT and PPPSPM Risk studies on new and existing products/services
owned by the Bank.
2. Monitoring Customer Transactions
The Bank monitors customer transactions on an ongoing basis to identify suitability between customer
transactions and customer profiles, including occupation, business sector, income and source of
customer funds.
3. Updating Customer Data
The Bank regularly updates customer data to obtain the latest information and documents from
customers.
4. Reporting to PPATK
The Bank has submitted reports related to APU, PPT and PPPSPM, including Cash Financial Transaction
Reports, Suspicious Financial Transaction Reports, Integrated Service User Information System Reports
(SIPESAT) and Terrorism Financing Suspected Information System Reports (SIPENDAR).
5. Customer Risk Profile Assessment with Risk Based Approach (RBA)
The Bank has implemented a Risk Based Approach (RBA) through the Sectoral Risk Assessment
(SRA) and National Risk Assessment (NRA) methods from the OJK and PPATK, so that it can identify
customers according to risk categories consisting of Low, Medium and High.
6. APU & PPT Assessment
To ensure that the implementation of APU, PPT & PPPSPM was carried out properly in accordance
PT Bank BTPN Syariah Tbk | 2023 Annual Report
with applicable regulations, throughout 2023 an APU, PPT and PPPSPM assessments were carried out
directly at the selected Branch Offices. The assessment mechanism was carried out by carrying out a
random inspection of customer documents and interviewing officers at the branch office.
7. Training and Socialization
To improve the quality of Human Resources, the Bank carries out training & outreach on APU, PPT &
PPPSPM. Training is provided to new employees, and regular refreshment training is also provided.
Training methods using e-learning media or using online communication media. Socialization is
provided to officers at branch offices so that they get the latest provisions and information related to
APU, PPT and PPPSPM.
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Providing Funds for Social Activities
AND INCOME FROM HALAL AND NON-HALAL FUNDS
Referring to Bank Indonesia Circular Letter No. 12/13/DPbS dated 30 April 2010 concerning the
Implementation of GCG for Sharia Commercial Banks and Sharia Business Units, BTPN Syariah is
obliged to disclose non-halal income and its use in Sharia Banks through an annual report on GCG
implementation.
Halal and non-halal fund income which is the source of BTPN Syariah's social funds consists of:
1. Income derived from current account services received by the Bank from current accounts with
Conventional Banks;
2. Income derived from closing accounts before maturity.
3. Income derived from fines imposed on customers.
4. Contributions from internal companies.
5. Income originating from financing transactions that do not fulfill the terms and/or conditions of the
contract.
Report on the Source and Use of PT Bank BTPN Syariah Tbk Benevolent Funds up to 31 December 2023:
Description December 31, 2023 December 31, 2022
1. Source of benevolent funds at the beginning of the period 2,404 137
2. Receipt of benevolent funds
a. Infak - -
b. alms - -
c. Productive benevolence refunds - -
d. Fine 52 113
e. Non-halal acceptance 1,323 2,569
f. Others - -
Total Receipt 1,375 2,682
3. Use of benevolent funds
a. Productive benevolent funds - -
b. Donations - -
c. Other uses are for public interest 370 415
Total Usage 370 415
Increase (decrease) in the source of benevolent funds 1,005 2,267
Source of benevolent funds at the end of the period 3,409 2,404
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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good corporate governance
Important CASES
litigation cases
Litigation cases (legal term) are legal cases whose resolution is carried out through a judicial process by
submitting various forms of evidence in accordance with the provisions of applicable legislation. These
legal cases can be criminal, civil, employment cases or other forms of legal cases.
Throughout 2023, BTPN Syariah did not have any legal cases that significantly affected its financial
condition.
important cases faced by the company, members of the board of commissioners,
members of the sharia supervisory board and members of the board of directors
In 2023, the Company did not have any important cases that could potentially give rise to legal
consequences that disrupted the activities of the Company, Members of the Board of Commissioners,
Members of the Sharia Supervisory Board and Members of the Board of Directors.
2023
Administrative Sanctions
During the year 2023, no significant sanctions were imposed by the Regulator on the Bank.
In 2023, there were no significant sanctions from the regulator:
1. OJK Letter No. S-20/PB.341/2023, dated 14 February 2023 regarding Delay in Correcting the Financial
Information Services System Report (SLIK) for the period June 2022
A fine of IDR 50,000 has been paid through SIPO on March 9 2023 and a corrective action plan has
been made .
2. Letter from OJK via email No.S-156/EP.121/2023 dated 17 Jan 2023, which the Bank received on 20
January 2023, regarding Written Warning and Letter No.S-19/PB.3413/2023 dated 19 January 2023
regarding Settlement of Consumer Complaints, regarding Consumer Complaints via the Consumer
Protection Portal Application (APPK) and has been completed with follow-up by the UPPK team, via
Bank letter to OJK No. S.032/DIR/OPTS/I/2023 and S.033/DIR/OPTS/I/2023 date: 25 January 2023.
3. BI Letter No. 25/68/DPKL-GPLB-PLPB/Srt/B, dated 12 May 2023 regarding Sanctions for Integrated
Commercial Bank Reports (LBUT) due to changes in the delivery channel transaction reporting
template formulation due to Sunset Wow Syariah being replaced with transaction data from Prospera,
PT Bank BTPN Syariah Tbk | 2023 Annual Report
causing there was an error in calculating the total transactions per channel. Total channel transactions
via Prospera have increased with data on total Mobile and Internet Banking channel transactions.
A fine of Rp 200,000 has been paid by debiting the Bank's Giro account at Bank Indonesia on May 11,
2023 and a corrective action plan has been made.
Through various improvement efforts, BTPN Syariah continues to make internal improvements to ensure
that there are no fines or administrative sanctions in the future.
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Information
access to company information and data
ACCESS
BTPN Syariah provides easy access and information for stakeholders regarding the Bank through various
communication media such as press releases, Public Exposes and Analyst Briefings. In addition, BTPN
Syariah provides information regarding products and services, office networks, financial reports, annual
reports, reports and implementation of Daya's governance and activities, corporate actions and others,
including through:
Information Channel Address
Website (Bahasa and English) www.btpnsyariah.com
Call Center 1500300 (BTPN Syariah Call), 0-800-1500-300 (Toll Free)
Corporate Secretary’s e-mail corsec@btpnsyariah.com
Corporate communications email corporatecommunication@btpnsyariah.com
Investor Relations email InvestorRelations@btpnsyariah.com
Disclosure of information through the Bank's
www.btpnsyariah.com and www.idx.co.id
website and the Indonesia Stock Exchange
Pers Conference www.btpnsyariah.com and distribution through media
social media
Instagram: @btpnsyariah
https://www.instagram.com/btpnsyariah/
Instagram: @bankirpemberdaya.btpns
https://www.instagram.com/bankirpemberdaya.btpns/
Tiktok: @btpnsyariah
https://www.tiktok.com/btpnsyariah/
Facebook: @btpnsyariah.id
https://facebook.com/btpnsyariah.id
PT Bank BTPN Syariah Tbk | 2023 Annual Report
YouTube: BTPN Syariah
https://www.youtube.com/@BTPNSyariah
LinkedIn: BTPN Syariah
https://www.linkedin.com/company/btpnsyariah
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good corporate governance
Code OF ETHICS
1. company values 2. shared identity
BTPN Syariah's values are PRISMA As companies get bigger, they often face bigger
(Professional, Integrity, Mutual Respect and challenges, including organizations that are
Cooperation). starting to become fragmented, therefore, to
continue to unite the determination of every
employee at BTPN Syariah in carrying out the
Company's Vision Mission, a collective identity
Professional has been created, namely #bankirpemberdaya.
BTPN Syariah employees are required to always be It means:
honest, responsible, intelligent and communicative in
“Each employee at BTPN Syariah is a skilled
carrying out their professional duties.
professional in the banking industry, but
not your typical banker. We are a group of
individuals who raise funds from the community
Integrity and use them to empower families in need,
fulfilling our desire to make a positive impact
BTPN Syariah employees are obliged to uphold on others' lives.”
justice, truth and commitment in implementing
the Company's Code of Ethics.
3. socialization of mission, vision,
company values and shared identity
Mutual Respect Steps taken include:
1. BTPN Syariah continuously implements an
BTPN Syariah employees are obliged to Induction Program for Executive Officers
respect and respect each other's opinions and and new Employees regarding GCG
contributions in accordance with their duties,
responsibilities and competencies. Principles, including the socialization of the
Mission, Vision, Company Values and Shared
Identity;
2. Socialization is also carried out via email
Cooperation blast to all employees;
3. Behavioral measurement based on
BTPN Syariah employees are obliged to always Company Values is carried out annually
strive to develop a synergistic work environment through a performance management
to provide the best results.
process. PT Bank BTPN Syariah Tbk | 2023 Annual Report
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4. code of ethics code of ethics enforcement efforts
The BTPN Syariah Code of Ethics functions BTPN Syariah is committed to continuing to
as a guideline and attitude and behavior strive to enforce the Code of Ethics as one step in
guide for the Board of Commissioners, Sharia implementing good corporate governance, and at
Supervisory Board, Directors, Independent the same time developing employee behavior that
Parties and all Employees in carrying out is in accordance with ethical standards.
their duties, authority, obligations and
responsibilities in making decisions so that Continuous and sustainable implementation
they are consistently in accordance with the of the Code of Ethics in the form of attitudes,
Company's Values, BTPN Syariah Vision and actions and commitments and provisions that
Mission and applicable laws and regulations. support the creation of a Company culture. The
This is a standard of behavior that is steps taken include socializing the Code of Ethics
reasonable, appropriate and believed to be via email blast to all employees and employees
appropriate for all Bank personnel in carrying providing feedback in the form of accepting
out business activities, including interacting and implementing the Code of Ethics as best as
with stakeholders. possible.
The guidelines and attitudes stated in the Delivery of the Code of Ethics is also carried
Code of Ethics include, among others: out by delivering a digital Code of Ethics book
1. Vision, Mission, Company Values, Objectives to all employees and also delivered during the
of the Code of Ethics and Scope of the Induction Program for Executive Employees and
Code of Ethics; new Employees regarding the Code of Ethics.
2. Compliance and Risk Management Socialization of the Code of Ethics will continue to
3. Conflict of Interest be carried out periodically for all employees.
4. Creating a Conducive Work Environment
(which includes Fair Treatment of All Employees are also given a route to complain
Employees, Anti-Discrimination and about matters related to ethics or complaints
Harassment, Safety in the Workplace, Use at work through the Whistleblower and Speak
of Company Facilities, Activities outside the Your Mind channels. Every complaint is handled
Company, Use of Social Media, LINK and confidentially by parties from the Compliance
HELP Communication Culture); Division or Human Capital.
5. Information Management and Security;
6. Relations with Customers and Stakeholders The Code of Ethics is updated periodically.
(which includes Realtions with Customers, All employees are required to know, understand
Realtions with Partners, Relations with and implement the BTPN Syariah Code of Ethics.
Regulators, Bribery and Corruption,
Giving and Receiving Gifts, Anti-Money BTPN Syariah provides strict sanctions for any
Laundering); deviation, abuse and violation of the code of
7. Enforcement of the Code of Ethics ethics.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
(which includes Roles and Responsibilities,
Violations of the Code of Ethics).
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good corporate governance
Share Ownership
BY EMPLOYEES AND/
OR MANAGEMENT PROGRAM
variable remuneration program for material risk takers
BTPN Syariah has a policy of providing variable remuneration to Directors as Material Risk Takers (“MRT”)
as regulated in the Bank's internal regulations, namely Directors' Decree No. SK.007/DIR/HC/IV/2023
concerning Provisions for Material Risk Takers (MRT) at PT Bank BTPN Syariah, Tbk., which is guided by
Financial Services Authority Regulation Number 59/POJK.03/2017 concerning the Implementation of
Governance in Providing Remuneration for Sharia Commercial Banks and Sharia Business Units. The
provision of deferred variable remuneration through the transfer of treasury shares is carried out with due
observance of Financial Services Authority Regulation No.30/POJK.04/2017 concerning the Buyback of
Shares Issued by Public Companies.
The first distribution of BTPN Syariah shares to MRT was carried out in 2021, the second in 2022, and
the third in 2023. Details of the report on the provision of deferred variable remuneration in the form of
shares in question have been presented in the 2021 and 2022 Annual Reports. Meanwhile The report on
the provision of deferred variable remuneration through the transfer of third treasury shares carried out in
2023 is presented in the Corporate Actions section of this 2023 Annual Report.
shares ownership of members of the Board of Directors and members of the
Board of Commissioners
BTPN Syariah has a policy of disclosing information regarding share ownership of members of the Board
of Directors and members of the Board of Commissioners no later than 3 (three) working days after
ownership or any change in ownership of BTPN Syariah shares.
This policy is contained in the Bank's Main Policy Number K.1.3.1/DIR/CSGC/IV/ 2023 dated
April 10, 2023 as well as in the Directors' Charter Number 05/PedomanKerja/CSGC/XII/2023 dated
December 6, 2023.
The implementation of this policy is contained in the Securities Registration Monthly Report which the
Bank submits every month to the Public and Regulators and in incidental reports when members of the
Bank's Board of Directors receive variable remuneration in the form of treasury shares.
All members of the Board of Commissioners at BTPN Syariah do not own BTPN Syariah shares, while
the Directors' share ownership of BTPN Syariah shares constitutes direct ownership of the variable
remuneration received by the Directors as Bank Material Risk Takers as disclosed in the Bank Securities
Registration Monthly Report for December 31, 2023.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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Whistle BLOWING
BTPN Syariah is committed to ensuring the availability of means of conveying aspirations from employees
or external parties regarding reporting/information on suspected fraud through the Whistle Blowing
System "JAGA" (Execute, Supervise & Observe, Examine, Submit a report).
The Bank encourages employees to report any suspected fraud through available media and guarantees
the confidentiality of the identity and security of reporters whose media can be delivered via telephone,
email, letter and QR Code.
This mechanism is regulated in JAGA's Whistleblowing management operational procedures which are
reviewed periodically to ensure compliance with the Bank's conditions and applicable internal and external
regulations.
protection of fraud reporters (whistleblowers)
BTPN Syariah provides full support and protection to every fraud reporter (whistleblower), guaranteeing
the confidentiality of the identity of the fraud reporter and the confidentiality of the information reported.
Reporting channel via JAGA
hotline mail
(+6221) 300 26 200 Ext. Anti-Fraud Management Division for
reporting by mail.
83553 dan 86470
Menara BTPN, Lantai 12 CBD Mega
Provided for verbal reporting, where the
Kuningan
reporter can speak directly to the Anti-Fraud
Management Officer.
Jl. Dr. Ide Anak Agung Gde Agung
Kav. 5.5-5.6, Kuningan Timur Urban Village,
South Jakarta 12950.
email QR code
PT Bank BTPN Syariah Tbk | 2023 Annual Report
email Jaga@btpnsyariah.com Can be used to make reports via a
QR Code link
Can be used to make reports via email.
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good corporate governance
“JAGA” whistleblowing escalation process
Reporting Addressed Investigation
Whistleblower Media to and follow-up
hotline
Investigation
(risk taking unit/
AFM)
mail
Anti Fraud Bookkeeping
Management and Fraud
(AFM) Committee
email
Confirmation with
the reporter
(case closed)
QR Code
complaint management
Whistleblowing channel management is carried out by an internal party, namely Anti Fraud Management.
types of sanctions for perpetrator
The types of sanctions for fraud perpetrators refer to the provisions in force at the Bank.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
complaint handling and follow up in 2023
In 2023, there were 488 complaints submitted via the Whistleblowing Channel which have been followed
up and resolved.
BTPN Syariah has always urged all employees to convey aspirations, ideas and problems in the event of
irregularities and potential fraud by referring to the Whistleblowing Reporting Mechanism Procedure. This
appeal is intended to continuously make BTPN Syariah not only a trusted bank, but also one with integrity
towards the community, employees and stakeholders.
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Bribery
AND ANTI-CORRUPTION POLICIES
In carrying out its mandate when carrying out business activities and daily operational activities, BTPN
Syariah implements a zero tolerance policy or does not tolerate all forms of bribery (including bribery to
and/or from customers, partners, government officials and employees) and all forms of activities that are
classified as acts of corruption.
This policy has been clearly regulated in the Employee Code of Ethics which is conveyed and socialized
during induction training for new employees and through regular refreshment programs for existing
employees, where employees are not permitted to offer and/or accept gifts in any form to/from
customers, partners, government officials for the personal interests of both parties.
In its implementation, Management is committed to taking firm action against all forms of violations of
this matter where the perpetrators will be processed civilly or criminally in accordance with applicable
regulations.
Gift Giving
AND RECEIVING POLICY
To ensure independence and professionalism, BTPN Syariah has generally regulated provisions regarding
the giving and receiving of gifts or all actions classified as gratification to/from customers, partners or
government officials who influence business decisions in the Company's Code of Ethics.
As for the implementation, the main policy points are as follows:
• It is not permitted to give and/or receive any form of gift from other parties as a form of interpersonal
remuneration related to work or position;
• It is impossible to avoid the obligation to make a written declaration to the Supervisor in the event of
receiving a gift from another party;
• Giving gifts or entertainment can be done to foster good relations (good will) as long as it does not
conflict with Sharia Principles and applicable regulations; And
PT Bank BTPN Syariah Tbk | 2023 Annual Report
• The value that is considered fair for giving gifts or entertainment refers to the applicable provisions;
• It is not permitted to give gifts/remuneration in the form of cash in any amount, unless specifically
arranged in accordance with applicable regulations.
Rules regarding the declaration of receiving gifts along with their reasonable value (based on the "arm's
length" principle or the principle of reasonableness and normality of business) have been specifically
regulated in the Standard Operating Procedure regarding Entertainment and Prizes issued by the
Compliance Division and updated periodically.
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good corporate governance
Anti Fraud
MANAGEMENT
Anti Fraud Enforcement at BTPN Syariah refers to Bank Indonesia Regulation Number 11/33/PBI/2009
dated December 7 2009 concerning the Implementation of Good Corporate Governance (hereinafter
referred to as PBI 11), Bank Indonesia Circular Letter Number 12/13/DPbS dated April 30 2010 concerning
Implementation of Good Corporate Governance for BUS and UUS (hereinafter referred to as SEBI 12), and
Financial Services Authority Regulation Number 39/POJK.03/2019 concerning Implementation of Anti-
Fraud Strategies for Commercial Banks (hereinafter referred to as POJK 39).
BTPN Syariah through the Anti Fraud Management work unit is committed to preventing all forms of
irregularities/violations/fraud, whether committed by internal or external parties. The Bank has guidelines
for implementing the Anti-Fraud Strategy which are contained in the Anti-Fraud Strategy Policy and
Standard Operating Procedures for the Anti-Fraud Strategy. The Bank provides zero tolerance for acts of
fraud (zero tolerance) for every employee involved in acts of fraud, by providing clear consequences and
sanctions.
The Bank implements 4 (four) anti-fraud strategy pillars as an effort to reduce fraud incidents and
continuously carries out evaluations to improve processes and mitigate fraud incidents.
pillars of anti-fraud strategy
1. Prevention
a. Anti Fraud Awareness
1. Bank continues to continuously build a culture of awareness in preventing fraud among all
employees through:
• Signing of the Integrity Pact and Anti-Fraud Declaration, as a commitment to build
awareness not to commit fraud, so that they always comply with applicable regulations and
are disciplined in carrying out their duties;
• Anti-Fraud Awareness is carried out by the Bank continuously through anti-Fraud campaigns,
both through in-class training and online training, through the Bank's internal media including
email blasts and displays on tablet screens, which aim to build awareness and strengthen
awareness of the anti-fraud culture in the Bank.
• Apart from that, the Bank also socializes the Whistleblowing Channel for reporting incidents
indicating fraud so that any reporting of indications of fraud, whether carried out internally
or externally, can be handled quickly and precisely, in this way it is hoped that awareness and
concern for the anti-fraud culture in the Bank will continue to be maintained and increase;
• A moral approach is also taken by the Bank with Tausiyah by the Sharia Supervisory Board
and all employees are required to apply company values in every activity.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
2. Building awareness of fraud prevention among customers and third parties (vendors), through
educational media during KYC and approval of cooperation agreements.
b. Principles of Knowing Your Employees
The Bank applies the Know Your Employee principle in the employee recruitment/acceptance
process and ongoing employee monitoring.
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2. Detection
a. To increase the effectiveness of implementing the control system, the Bank provides a medium
for reporting suspected or reasonably suspected acts of fraud through an easily accessible whistle
blowing system (e-mail, QR code, written letter (mail) and telephone) and the BANK guarantees the
confidentiality of the identity of the reporter.
b. Carrying out the detection process pro-actively by using anomaly data based on certain parameters
to detect fraud.
c. Carrying out surprise audits (sudden checks) in business unit areas that are high risk and prone to
fraud incidents.
3. Investigation, Reporting, and Sanctions
a. Follow up on reporting indications of fraud incidents by investigating fraud incidents by authorized,
competent and independent parties in accordance with investigation standards.
b. Report fraud incidents periodically to the Board of Directors, Board of Commissioners, Risk
Management Committee, Bank BTPN (Parent Company) and to the Financial Services Authority
(OJK) in accordance with applicable regulations
c. Provide strict sanctions to employees involved in fraud through the Fraud Committee forum,
according to the type of violation and regulated in Company Regulations and report employees
involved in fraud to law enforcement officials.
4. Monitoring, Evaluation, and Follow-up
a. Carrying out periodic monitoring of the results of investigations into fraud incidents which include
improving systems and procedures, increasing the quality of internal control and risk awareness,
providing sanctions to employees, legal processes and recovering losses due to fraud
b. Evaluate fraud incidents on an ongoing basis which can be used as a constructive action for the
BANK by identifying control weaknesses that cause fraud to occur.
c. Carry out follow-up actions to correct weaknesses and strengthen the control system and prevent
the recurrence of similar fraud incidents in the future, by prioritizing preventive actions in order to
minimize/prevent recurring incidents.
Developments in Internal Fraud Management
Number of Fraud Cases committed by
Manager Permanent Temporary
Internal
Employees Employees
2023 2022 2023 2022 2023 2022
Has been resolved - - - 2 2 2
In the process of resolution - - - - - -
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Not yet attempted for resolution - - - - - -
Has been pursued through legal process - - 1 - 5 8
Total - - 1 2 7 10
Note: Deviations with a value of more than Rp. 100,000,000
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good corporate governance
Insider
TRADING POLICY
BTPN Syariah has an Information and Investment Confidentiality Ownership Policy for Employees to
prevent insider trading and ensure that investment activities carried out by Bank Management and
Employees are carried out in accordance with the provisions and in a manner that can be accounted for in
accordance with the Compliance Culture, norms that apply in society and are in line with GCG principles
and Sharia Principles.
This policy expressly regulates the prohibition on the use of Insider Information for investment
activities, including trading activities in securities issued by BTPN Syariah. This policy also regulates the
implementation of the Black Out Period, namely the period where employees who have insider information
are not permitted to carry out trading transactions selling/buying securities after knowing information
relating to the Bank's performance and/or corporate action plans, including information relating to the
performance of the Bank BTPN as Holding Company.
Throughout 2023, BTPN Syariah implemented a black out period for the 2022 Annual Financial Report,
2023 First Quarter Financial Report, 2023 Second Quarter Financial Report and 2023 Third Quarter
Financial Report. Banks also has implemented a black out period within the framework of the Parent
Company's corporate action in the third quarter up to of 2023.
Share BUYBACK
buyback of company shares (BUYBACK Shares)
BTPN Syariah carried out a share buyback on 23 October 2019 totaling 2,500,000 (two million five
hundred) shares based on the Resolution of Extraordinary General Meeting of Shareholders held on
September 2, 2019, the implementation of which was guided by Financial Services Authority Regulation
(POJK) Number 30/POJK.04/2017 concerning Purchases Return Shares issued by a public company.
The implementation of this Buyback is a form of commitment in contributing to the Implementation of
Governance in accordance with Financial Services Authority Regulation Number 59/POJK.03/2017. Further
information regarding share buybacks is presented in the Share Highlights in this 2023 Annual Report.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Explanations on the buyback of Bank shares are stated in the 2019 Annual Report, while explanations on
the transfer of shares resulting from the first, second and third buybacks are stated in the 2020, 2021 and
2022 Annual Reports, while the fourth share transfer is stated in this 2023 Annual Report.
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Provision of Funds to
RELATED PARTIES
AND LARGE EXPOSURES
BTPN Syariah consistently considers capital capacity and portfolio distribution/diversification in providing
loans, and during 2023 there were no violations or exceedances of the Legal Lending Limit (LLL).
Provision of funds to Related Parties is carried out in accordance with applicable regulations. BTPN
Syariah ensures that Related Party transactions are carried out fairly, independently and at arm's length.
The following is a table of Fund provision to Related Parties and Large Exposures as of December 31, 2023:
Total
No Provision of Funds Nominal
Debtor
(millions of Rupiah)
1 To related parties 1 (BTPN) 3,464
2 To related parties 1 (BTPN Syariah Ventura) 297,000
3 To Core Debtors
a. individual 25 41,735
b. Group - -
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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good corporate governance
Transparency of t h e Bank's Financial
AND NON-FINANCIAL CONDITIONS
WHICH HAVE NOT BEEN DISCLOSED IN
OTHER REPORTS
fulfillment of creditor rights
BTPN Syariah adopted the implementation of public company governance to improve the governance
aspect in ensuring the protection of the rights of creditors.
Until 2023, BTPN Syariah did not have a loan position from creditors as stated in the table
"Implementation of Public Company Governance in 2023, Principle 7 point 7.4" in this Annual Report.
transparency of bank financial and non-financial conditions
Referring to Financial Services Authority Regulation Number 37/POJK.03/2019 dated 20 December 2019
concerning Transparency and Publication of Bank Reports, BTPN Syariah has fulfilled its obligations
regarding transparency of financial and non-financial conditions.
In delivering transparency regarding financial and non-financial conditions, the Board of Directors has
established policies for disseminating information through various communication channels, taking into
account regulatory requirements and internal Bank regulations. These channels include the BTPN Syariah
website as well as reporting through regulatory reporting systems.
In addition to the information provided on the website, the Bank's transparency measures are pursued
through publications in national media outlets.
The following are details of transparency in the financial and non-financial sectors (as of December 31, 2023) :
Transparency Subject Publication
Monthly Financial Reports to Regulators website
Quarterly Financial Reports to Regulators print media and website
Annual report to regulators, rating agencies, shareholders and
website
other interested parties
Governance Information website
Information on Bank Products and Services Including Office
website
Networks
Announcement of the holding of GMS print media and website
Other information relating to information disclosure website and other channels
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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Corporate Social
RESPONSIBILITIES
Embracing the guiding principle of “Do Good, Do Well” the Board
of Directors has steadfastly ensured that BTPN Syariah continues
to deliver tangible benefits to its valued customers, enriching their
lives at every stage of their journey.
This commitment is epitomized through targeted BTPN Syariah is dedicated to conducting social
corporate social responsibility initiatives aimed responsibility activities in a transparent, ethical
at fostering a cycle of positivity, where the Bank manner, focusing on initiatives that yield long-term
endeavors to reciprocate the goodwill it has impacts and in compliance with applicable laws
received to all stakeholders. and regulations.
Furthermore, the Bank consistently considers the
Throughout its 2023 journey, these endeavors have aspirations and interests of all stakeholders in
been dedicated to bolstering a harmonious and formulating social responsibility activities, while
mutually beneficial sharia financial ecosystem adhering to relevant laws, regulations, norms, and
while generating sustainable economic, social, ethics.
and environmental advantages. Furthermore, all
corporate social responsibility activities in 2023 implementation of the company's mission,
are meticulously aligned with Sharia principles, vision, and values
conducted with integrity, and in compliance with The Company's Mission, Vision, and Values serve
regulatory standards, thus honoring the rights of as the cornerstone for all strategies and tangible
stakeholders responsibly.
actions at BTPN Syariah. For the Bank, Vision
represents the collective goals and aspirations
social responsibility governance
that guide every facet of the organization, while
BTPN Syariah believes that sustainable
business achievement and growth are not Mission forms the fundamental purpose of the
solely determined by excellence management organization's existence. Corporate Values, on
performance and operational activities but the other hand, shape the organizational culture
also require the support and fulfillment of the necessary to achieve the Mission and Vision.
aspirations and interests of all stakeholders.
Therefore, the Bank maintains harmonious BTPN Syariah's Mission and Vision were initially
PT Bank BTPN Syariah Tbk | 2023 Annual Report
relations with all stakeholders while established and endorsed by Management in
simultaneously committing to implementing 2014. In accordance with the principles of Good
good governance policies to fulfill social Corporate Governance, the Bank consistently
responsibility and achieve the Bank's mission, evaluates the alignment of the Mission and Vision
vision, and sustainable development goals. with the Bank's business plans and initiatives
annually. For the year 2023, The Board of Directors
Details regarding the Bank's mission and vision and Board of Commissioners have reviewed
can be found in the Company Profile Chapter of and ensured the alignment of BTPN Syariah's
this 2023 Annual Report. Vision and Mission for 2023 as stated in the
Bank Business Plan (2024-2026) and Sustainable
Financial Action Plan (2024 Indicator) which were
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good corporate governance
proposed by the Board of Directors and approved 2. Faithfully Empowering for Economic
by the Board of Commissioners at the Board of Sustainability
Directors and Board of Commissioners meeting on BTPN Syariah demonstrates a steadfast
November 22, 2023. commitment to empowering inclusive
communities within the ultra-micro segment in
The Bank actively designs social responsibility a sustainable manner, underpinned by loyalty.
activities that align with its Mission and Vision, This commitment entails providing access to
while also implementing sustainable finance financing, fostering opportunities for growth,
initiatives outlined in the 2023 Sustainable and facilitating a more meaningful life for
Finance Action Plan and various corporate individuals, thereby realizing their dreams.
strategies delineated in the Bank's Business Plan.
The preparation and formulation of activities Having a social impact in support of
supporting sustainable finance are guided by: Sustainable Development Goals
1. POJK Number 51/POJK.03/2017 in order
to fulfill the implementation of sustainable
financial for Financial Services Institutions,
Issuers and Public Companies;
2. Presidential Regulation Number 59 of 2017 3. Faithfully Empowering Environmental
concerning Implementation of Achieving Sustainability
Sustainable Development Goals; BTPN Syariah upholds a loyal spirit in
3. Presidential Regulation concerning the empowering sustainability by actively
Indonesian National Strategy for Financial safeguarding the environment, attentively
Literacy and the National Strategy for Financial addressing the impacts of climate change,
Inclusion through Presidential Decree 114 of and steadfastly supporting sustainable
2020. development initiatives.
Having a social impact in support of
Moreover, BTPN Syariah has prioritized Sustainable Development Goals
Sustainable Development Goals as the primary
focus in its corporate social responsibility
endeavors for 2023, steadfastly committed to
faithfully empowering for sustainability. This is
exemplified through: 4. Faithfully Empowering for Sustainability from a
Governance Perspective
1. Faithfully empowering for social sustainability BTPN Syariah exemplifies Faithfully
BTPN Syariah's unwavering efforts to empowering sustainability necessitates
empower inclusive communities have yielded endorsing the implementation of good
sustainable impacts on customers and corporate governance as the foundation for
#bankirpemberdaya. Through the Bestee honorable company management, in alignment
program, which embodies an empowering with applicable laws and business ethics.
spirit, BTPN Syariah engages thousands of Having a social impact in support of
PT Bank BTPN Syariah Tbk | 2023 Annual Report
eager students to directly assist ultra-micro Sustainable Development Goals
business actors.
Having a social impact in support of
Sustainable Development Goals
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organization that manages social social responsibility for fair operations
responsibilities in btpn syariah In a steadfast commitment to uphold corporate
The Corporate Social Responsibility activities at social responsibility, the Board of Directors
BTPN Syariah are overseen by the Power Division, ensures that the company adheres rigorously to
operating under the purview of the Director of principles of good corporate governance across all
Financing Business. operational fronts.
Under the stewardship of the Director of Financing This dedication materializes through the
Business, the DAYA Division is tasked with Board's enactment of policies promoting
managing a range of training and empowerment robust operational practices and the mitigation
initiatives that seamlessly integrate with the of conflicts of interest within BTPN Syariah.
Bank's overarching mission to enhance financial These measures encompass the enforcement
literacy and promote inclusivity. Aligned with the of a comprehensive Code of Ethics, the
Bank's vision to "To be the best Sharia Bank, for establishment of channels for reporting violations
financial inclusion, making a difference in the lives (Whistleblowing), the provision of mechanisms for
of millions of Indonesian people" these efforts are addressing employee and Complaint Procedure,
further complemented by the Bank's commitment the implementation of a Grievance Procedure, as
to fostering a digital ecosystem grounded in well as the enforcement of Internal Control, Anti-
sustainability and Sharia principles. Fraud, and Anti-Corruption Policies. Additionally,
the company adheres to procedures prohibiting the
As part of its mandate to strengthen literacy acceptance of gifts and gratuities, alongside other
within the inclusion segment, DAYA has an protocols and policies designed to foster a healthy,
important role in facilitating stakeholder equitable, and transparent business environment.
engagement through a dedicated volunteer
program known as Sahabat Daya. In collaboration implementation of the code of ethics for
with esteemed universities, BTPN Syariah fair operations activities
operates the Sahabat Daya Universitas To ensure alignment and coherence in all
(SDU) program, which aims to enlist select operational endeavors, both internally and
universities and students in volunteer endeavors, externally, the Board of Directors has established
particularly in providing entrepreneurial support company policies guided by the Code of Ethics,
to economically disadvantaged clients. Prior which epitomizes the principles of good corporate
to commencing mentoring activities, students governance throughout 2023. At BTPN Syariah,
undergo comprehensive training to ensure they are the Code of Ethics serves as a compass, guiding
adequately prepared to assist clients effectively. every employee to uphold ethical standards and
societal norms throughout the year.
important stakeholders impacted by
or has influence on the bank’s business Internally, the Code of Ethics applies
activities comprehensively across all organizational levels,
BTPN Syariah has identified groups of encompassing the Board of Commissioners,
Sharia Supervisory Board, Directors, independent
stakeholders who has an important role
committee members, and employees. Externally,
and have a significant impact on the Bank's
it governs interactions with customers, partners,
business activities and sustainability in the long
regulators, shareholders, and subsidiaries,
term, specifically Shareholders and Investors, delineating ethical standards and expectations.
Funding Customers, Financing Customers and/
or Community, Employees, Work Partners/ In its daily implementation, the Board of Directors
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Suppliers, Government/ Regulators, DSN-MUI, and has instilled a firm commitment within the
Community Figures/Local Officials. company develop compliance culture, prioritizing
ethical conduct and accountability. Throughout
Further explanation regarding identification 2023, the Code of Ethics was periodically socialized
steps on the topic of materiality and measurable to sharpen its implementation.
impacts can be found in the Bank's 2023
Sustainability Report.
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good corporate governance
Recognizing its ongoing relevance to business Aligned with banking regulations, BTPN Syariah
needs and operational activities, the Board, integrates social responsibility into its operations
through the Human Capital Business Unit, by prioritizing customer protection and prudence
conducted periodic reviews of the Code of Ethics, in handling data and information. This includes
with the last update undertaken in 2023. maintaining the confidentiality of customer
data through the implementation of robust
Further insights into the implementation of the policies such as the Customer Protection
Code of Ethics can be gleaned from the dedicated Policy and Information Security Policy. These
section within the 2023 Annual Report and measures, strictly enforced throughout 2023,
Sustainability Report. aim to safeguard customer rights and maintain
stakeholder trust.
procedures and mechanisms for
complaints or conflicts on fair operation In addition to policies, BTPN Syariah establishes
violations a dedicated Corporate Information Security
BTPN Syariah maintains a robust mechanism (CIS) Division to oversee corporate information
to address complaints or conflicts related to security.
violations of fair operations, facilitated through its
Whistleblowing System. Fulfilling human rights for funding customers
involves prioritizing customer experience and
Known as JAGA (Execute, Supervise and Observe, ensuring fair operations. This includes providing
Examine, Submit a Report), this system serves convenient services such as customer service,
as a platform for reporting any indications of internet banking, and mobile banking to meet
irregularities, violations, or fraud perpetrated by their banking needs. Moreover, for financing
internal parties of BTPN Syariah. Reports received customers, BTPN Syariah offers insurance for
through JAGA are diligently investigated by the their partners and incentive programs, such
Anti-Fraud Management unit in accordance with as the joint Umrah program, to recognize and
prevailing regulations. reward inspirational customers.
Complaints regarding violations at BTPN Syariah The Bank upholds human rights for employees
can be lodged through multiple channels, including: by offering equal rights and opportunities in
• Hotline: +6221-300 26 200 ext. 83553 or 86470, employment, irrespective of ethnicity, religion,
• Email: jaga@btpnsyariah.com, race, gender, or socioeconomic background.
• QR-Code link Recruitment processes are conducted with
attention to both Bank requirements and
For a more detailed overview of the individual qualifications. Furthermore, BTPN
Whistleblowing System, please refer to the Syariah implements a system of rewards and
dedicated section within the 2023 Annual Report. punishment as part of its social responsibility
toward employees.
social responsibility for human rights
In fulfilling its corporate social responsibility, By safeguarding the rights of employees
the Board of Directors at BTPN Syariah ensures and customers, BTPN Syariah aims to foster
the protection of the rights of all stakeholders, satisfaction and loyalty, thereby positively
including upholding human rights (HAM). impacting overall performance.
Throughout 2023, BTPN Syariah's commitment In 2023, the Human Capital Division and the
to social responsibility regarding human rights Compliance Division evaluated relevant laws
PT Bank BTPN Syariah Tbk | 2023 Annual Report
encompassed various aspects, including preventing and regulations related to human rights issues
discriminatory practices, managing working hours, to formulate and enhance social responsibility
granting leave during emergencies, and facilitating programs.
opportunities for religious practices, as outlined in
the Bank's internal policies. Notably, there were no reported human rights
violations committed by the company during this
period.
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relevant human rights issues and risks involvement of management and relevant
In conducting its activities as a public company stakeholders
and Sharia commercial bank, BTPN Syariah's In providing protection and fulfillment of human
Board of Directors meticulously safeguards the rights to both internal and external parties, the
bank against significant human rights issues Board of Directors at BTPN Syariah has acted
directly related to its operational activities. based on core values in accordance with the
expectations and needs of stakeholders while
The Board of Directors recognizes that any human still paying attention to the benefits for the
rights violations would adversely impact the Company.
Bank's reputation, shareholders, and stakeholders.
Potential risks associated with human rights During 2023, the Board of Directors has ensured
violations include legal repercussions (both the full involvement of Management in fulfilling
criminal and civil) and industrial relations issues. human rights, whose decision making has gone
Moreover, the Bank faces the risk of material and through careful consideration, a fair, appropriate
non-material losses that could harm its reputation. and transparent process guided by Bank and
Alhamdulillah, BTPN Syariah did not encounter any Regulator regulations and reviews of feedback and
significant human rights issues in 2023. follow-up actions.
The Board of Directors remains steadfast in Apart from providing protection through Whistle
ensuring that the Bank delivers banking services Blowing media, Management's involvement in
comprehensively, transparently, and professionally protecting human rights is carried out through
to safeguard the rights and meet the expectations the Human Capital Division which has again
of stakeholders. This commitment includes carried out employee satisfaction surveys in 2023
adherence to relevant laws and regulations, as part of the company's efforts to continue to
particularly regarding human rights issues, to provide the best for employees, bridge differences,
ensure the Bank's business continuity and uphold collect appropriate information The targets can
its reputation. ultimately be taken into consideration by the
Board of Directors in making decisions and policies
procedures and mechanisms for and aim to ensure alignment between policies and
complaints or human rights conflicts realization with the targets that have been set.
In anticipation of potential human rights conflicts,
BTPN Syariah has established procedures and In addition, the Board of Directors through
mechanisms for handling complaints or internal the Human Capital Division has reviewed and
conflicts related to human rights, which can be approved policies in the fields of employment and
reported through the whistleblowing system customer protection in 2023, as well as assessed
known as "JAGA" (Execute, Supervise & Observe, the effectiveness of the violation reporting system
Examine, Submit a report). Each complaint through reports from the Anti Fraud Management
received is promptly addressed, with attention unit at quarterly Board of Directors meetings held
given to its priority and urgency. throughout 2023. This is a manifestation of the
Board of Directors' commitment to preventing
To effectively prevent and mitigate the risks of human rights violations.
human rights violations, the Board of Directors
is committed to integrating the principles of activities that support human rights
good corporate governance into all aspects of In fostering aspirations that uphold human
the Bank's business and operational activities. rights at BTPN Syariah, the Board of Directors
PT Bank BTPN Syariah Tbk | 2023 Annual Report
This commitment aims to foster a culture of has extended invitations to employees,
compliance across all levels of the organization customers, and the surrounding community,
throughout 2023. particularly those residing in the vicinity of the
Bank's customers, to collaboratively engage in
For further details on the Bank's Whistleblowing creating activities that yield sustainable benefits
System, please refer to the dedicated section throughout 2023.
within the 2023 Annual Report.
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good corporate governance
efforts to reduce the impact of human • Lactation Room Facilities
rights violations on employees BTPN Syariah provides lactation rooms to
• Working Time support female employees in providing exclusive
BTPN Syariah adheres to applicable laws and breast milk to their children, in compliance
regulations regarding working hours, as with Government Regulation Number 33
outlined in the Company Regulations Chapter of 2012 concerning exclusive breastfeeding,
IV – Working Time Article 13 and Article demonstrating the Bank's commitment to
14, which have been communicated to all protecting the rights of female employees and
employees. Overtime work is compensated their children.
in accordance with employment regulations,
ensuring employees have sufficient rest. efforts to reduce the impact of human rights
violations on customers
Determining working hours is carried out to • Branch Office
ensure that the Bank carries out practices BTPN Syariah is committed to providing
with appropriate working hours, and excellent and equitable services to all funding
employees have normal working hours so can customers, irrespective of ethnic background,
have enough rest time. religion, race, social status, gender, or physical
condition.
No reports of forced labor were received by To ensure accessibility for individuals with
the end of 2023. special needs, branch offices are equipped with
wheelchair access facilities and provide service
To adhere to Government recommendations assistance for customers with special needs.
concerning health protocols in response
to the ongoing endemic, BTPN Syariah • Contact Channel and Website
is maintaining its policy of modifying BTPN Syariah offers a Contact Channel
employee working hours. This measure is also facility for funding and financing customers
implemented to safeguard the health rights to access information about the products and
of all its employees. services offered, as well as to convey requests
or complaints. The Contact Channel service
• Equality in Recruitment can be accessed via the number 1-500-300
The Human Capital Policy ensures that and Toll-Free telephone number 0-800-
the recruitment and selection process is 1500-300. Additionally, the Bank maintains
objective, accountable, and aligned with the a website (www.btpnsyariah.com) and
competency of prospective employees and email addresses (corsec@btpnsyariah.com,
the Bank's needs, promoting equal practices corporatecommunication@btpnsyariah.com,
throughout 2023. and investorrelations@btpnsyariah.com), along
with social media accounts on Instagram (@
• New Employee Acceptance Policy and btpnsyariah and @bankirpemberdaya.btpns),
Minimum Working Age: TikTok (@btpnsyariah), Facebook (btpnsyariah.
BTPN Syariah's Company Regulations specify id), YouTube (BTPN Syariah), and LinkedIn
that new employees must be at least 18 years (BTPN Syariah) for customer communication
old or high school graduates, ensuring no and interaction.
child laborers are employed in 2023
• Whistleblowing System
• Leave Permit BTPN Syariah ensures the availability of
PT Bank BTPN Syariah Tbk | 2023 Annual Report
To support employee productivity and rights, facilities for employees or other parties
BTPN Syariah implements annual leave rights to report suspected fraud through the
by taking into account the years of service Whistleblowing System, known as "JAGA"
and rank as stipulated in the Human Capital (Execute, Supervise & Observe, Examine,
Policy. BTPN Syariah also provides special Submit a report).
leave in addition to annual leave, such as
maternity leave, religious leave, grief leave,
emergency leave, and others throughout
2023.
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The Bank encourages employees to report any Air conditioning is provided in all workspaces for
suspected fraud through available channels, employee comfort, with the operation of coolers
guaranteeing the confidentiality and security of limited to conserve energy.
reporters' identities.
Employee facilities, including the canteen,
Further details regarding the Whistleblowing follow a self-service concept to manage food
System can be found in the dedicated section waste effectively. The canteen is equipped with
of the 2023 Annual Report. electricity-saving food heaters, and reusable
eating and drinking utensils are provided to
corporate social responsibilities on reduce plastic waste. Drinking water is supplied
environmental aspect through water purifiers, endorsed by the
In line with its commitment to social responsibility, Indonesian Ministry of Health, reducing reliance
BTPN Syariah actively supports environmental on bottled water and diminishing plastic waste.
sustainability by fostering synergy and making
positive contributions to both the environment and Furthermore, all workspaces are designated
society to enhance the quality of life on Earth in smoke-free areas to maintain clean indoor air
2023. quality.
The Bank has adopted various approaches aimed In an effort to reduce vehicle usage and fuel
at responsible utilization of natural resources in consumption, BTPN Syariah collaborates with
conducting business and operational activities the Parent Entity to provide commuter transport
while ensuring optimal protection for consumers. for employees conducting activities around the
Head Office area.
responsible management of natural
resources This environmentally friendly approach extends
to Sharia Branch Offices and other Functional
environmentally eco- friendly head office Offices, not only reducing carbon emissions but
To mitigate the environmental impact stemming also yielding long-term cost savings in office
from energy consumption and activities such as operations.
plastic and paper usage in the banking industry,
BTPN Syariah advocates for an environmentally paper management
friendly approach within its Head Office and The Board of Directors' pursuit of Operational
Sharia Branch Office environments during Excellence involves implementing digitalization
daily operational activities. This initiative aims and automation policies across various
to reduce the Bank's ecological footprint and operational areas, including managing and
promote sustainable practices. reducing paper usage by transitioning to
softcopy and electronic filing systems.
management of energy sources from
electricity, water, air This commitment to reducing paper consumption
The Non-Operational Head Office of BTPN is evident in all Corporate Meetings throughout
Syariah, established since 2017, embraces an 2023, which are conducted in a paperless
environmentally friendly building concept, manner, with no printed meeting materials. This
incorporating materials and designs sourced dedication extends to fulfilling commitments to
from nature. shareholders, where all documents related to the
Annual General Meeting (AGM) are provided in
To manage electrical energy sources efficiently, softcopy form on the Bank's website, eliminating
PT Bank BTPN Syariah Tbk | 2023 Annual Report
energy-saving lamps with motion sensors are the need for printed materials during the
selected to regulate lighting based on movement meeting.
detection, reducing unnecessary electricity
consumption. Furthermore, all teams at BTPN Syariah have
embraced electronic communication (email)
Additionally, the office environment promotes throughout 2023 to manage paper usage
sustainability by utilizing glass windows to effectively.
maximize natural sunlight, thereby minimizing
the need for artificial lighting during daylight
hours.
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good corporate governance
The Bank's efforts to manage paper usage and implemented mitigation strategies to address
extend to enhancing services in the field these risks through the enactment of diverse
through information technology platforms. This policies aimed at minimizing potential negative
includes providing electronic financial access for impacts.
customers and equipping field employees with
tablet facilities to support banking transactions, Beyond employment-related risks, BTPN Syariah
reducing reliance on paper-based processes. is also susceptible to risks stemming from
operational activities, including productivity and
plastic waste management employee engagement. These risks directly and
BTPN Syariah has been steadfast in its indirectly affect the Bank's business continuity.
initiatives to manage plastic usage by instituting To mitigate these risks, the Bank conducts regular
the mandatory use of tumblers by all employees reviews and updates of employment-related
in the workplace and meeting rooms, thereby regulations, ensuring that its employment policies
discontinuing the provision of bottled beverages remain current and effective.
in meeting rooms.
In addition to external regulation reviews, the
To further support plastic waste management Board of Directors, in collaboration with the
efforts, the employee canteen is stocked with Human Capital Division, periodically reviews
ample cutlery. Additionally, employees actively Human Capital policies to ensure alignment
contribute to reducing plastic waste by providing with employee and stakeholder expectations
their own cutlery, thus replacing the excessive throughout 2023. These reviews are facilitated
use of plastic utensils and minimizing the through strategic coordination meetings, such as
consumption of plastic-based beverage bottles. the Board of Directors coordination meeting forum
with the Human Capital Division held quarterly,
environmental management in financing Human Capital Steering Committee meetings, and
distribution other coordination sessions.
BTPN Syariah prioritizes responsible financing
by selectively distributing funds to customers efforts to reduce risks related to
in the productive underprivileged segment. occupational health and safety (K3)
This includes a conscientious approach where BTPN Syariah remains steadfast in prioritizing the
financing is not extended to customers engaged safety and security of its employees to prevent
in businesses that harm the environment or are accidents or illnesses in the workplace, fostering a
incompatible with Sharia principles. safe and conducive work environment.
corporate social responsibility The Safety and Security Unit, operating under
the Corporate Services Division, consistently
employment, occupational updates employees on the latest security
health, and safety practices conditions in the workplace. Regular training and
In executing employment practices, the Board simulations on emergency responses to various
of Directors at BTPN Syariah carries out the disasters, including extreme weather events,
employment practices by fulfilling employee floods, earthquakes, tsunamis, volcanic eruptions,
rights and is committed to maintaining landslides, hurricanes/tornadoes, and fire drills, are
Occupational Health and Safety (K3) aspects. conducted to ensure preparedness. Additionally, a
work safety outreach program is disseminated via
relevant employment and K3 issues and email to all employees, providing crucial tips for
risks maintaining workplace safety and other health-
PT Bank BTPN Syariah Tbk | 2023 Annual Report
In the course of its operations, BTPN Syariah related advice throughout 2023.
acknowledges the potential exposure to risks
concerning employment and Occupational The Board of Directors ensures that employees'
Health and Safety (K3). These risks encompass rights to health insurance and health facilities
various aspects such as gender equality in are fulfilled. All employees are registered as
employment opportunities, education and members of BPJS Health, and the Bank provides
training programs, remuneration, employee insurance coverage and other health facilities for
welfare, promotions, and occupational health its employees.
and safety. The Bank has proactively anticipated
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work accident rate
The Company offers guarantees in compliance In efforts to prevent work-related accidents during
with applicable regulations and additional field activities, BTPN Syariah consistently conducts
assurances for employees who suffer death or safety riding training in partnership with Astra
permanent disability resulting from accidents Honda Motor.
during working hours.
implementation of employment and OSH sector programs
Creating a Positive Workplace
• Providing Job Opportunities and Gender Equality
BTPN Syariah is committed to offering work environments and opportunities that prioritize gender
equality while empowering women, who play a pivotal role as strong, #bankirpemberdaya in serving the
majority of female customers.
The company promotes equality among its employees and prospective employees, providing equal job
opportunities regardless of ethnicity, race, age, ethnic background, religion, or gender.
This commitment to gender equality is reflected in the leadership composition at BTPN Syariah, where
the Board of Directors, Board of Commissioners, Sharia Supervisory Board, and Executive Officers
comprise:
Composition Total Female Male
Board of Directors 5 1 4
Board of Commissioners 4 1 3
Sharia Supervisory Board 2 0 2
Independent Committee 2 2 0
Board of Management 3 0 3
Senior Employees (Including Senior Officers) 181 60 121
Supervisor 1,822 1,453 369
Staff 12,291 12,120 171
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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good corporate governance
2023 2022
Education
Female Male Female Male
Post Graduate 37 48 35 47
Undergraduate Degree 5.413 486 5.207 482
Diploma 979 78 964 81
High School Equivalent 7.208 61 5.904 61
2023 2022
Status
Female Male Female Male
Permanent 3.014 598 3.304 592
Non Permanent 10.623 75 8.806 79
Age 2023 Total Female Male
< 25 years old 7,068 7,038 30
25 - 29 4,455 4,359 96
30 - 34 1,708 1,576 132
35 - 39 652 473 179
40 - 44 224 102 122
45 - 49 113 46 67
50 - 54 69 34 35
55 - 59 15 7 8
> 59 years old 6 2 4
employee development and infrastructure The company also prioritized automation in
strengthening business and operational processes to enhance
To ensure a continuous pool of competent efficiency and effectiveness. By ensuring the rapid
leadership talent, BTPN Syariah implemented a and accurate updating of important information,
structured organizational talent identification decision-making processes were expedited,
process in 2023. This process involved various thereby fostering increased employee productivity.
employee development programs, including in- Furthermore, BTPN Syariah focused on developing
class training both online and offline, combined infrastructure for online learning to reach a wider
with mentoring, assignments, and rotations. These audience of employees, particularly those in the
initiatives aimed to provide broader exposure, field. This initiative aimed to provide necessary
demonstrate competence, and enhance resilience training for career development and to fulfill
in facing diverse challenges. mandatory training programs regularly.
In addition, BTPN Syariah launched the increasing information openness through
Management Trainee SHINE (Sharia Digital social media
Ecosystem Apprentice) Program in 2023. This As a form of implementation of the Public
program targets the development of future Company Governance Guidelines on the
PT Bank BTPN Syariah Tbk | 2023 Annual Report
leaders by recruiting top university graduates
through a rigorous selection process.
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Principles of Improving the Implementation of being attentive to early detection of health
Information Openness, BTPN Syariah has utilized conditions, utilizing the Kak Ira service – A Place
information technology more widely, effectively, to Confide with a Psychologist Consultant,
and efficiently to its full advantage. and participating in Financial Education
for Employees. The division also focuses on
Complementing the Website as a medium for increasing employee capacity through the Three
information disclosure, the Bank utilizes social Steps of Confidence program, which offers
media platforms such as Facebook, Instagram, tailored training according to employee needs,
Tiktok, YouTube, and Linkedin for educational and conducts Risk Awareness Campaigns
and promotional purposes of bank programs, including education on the 10 Basics of Risk
products, and services. This includes sharing Control, Fraud Campaigns, Dual Control
business profiles and segments, inspirational Functions, and Ethical Social Media usage.
employee and customer profiles, as well as
information on career opportunities or job Other programs include #bankirpemberdaya
vacancies at BTPN Syariah. classes, podcasts featuring directors and
management discussing relevant themes related
Under the supervision of the Corporate & to the workplace, and beneficial employee
Marketing Communication Division, BTPN programs.
Syariah provides regular education to employees
through social media. Employees are encouraged BTPN Syariah upholds employee freedom to use
to maintain caution and professionalism when social media within the boundaries outlined in
expressing personal or corporate-related the BTPN Syariah Code of Ethics, ensuring that
aspirations on social media platforms. such usage does not pose risks to proprietary
information, confidentiality, or the company's
In terms of enhancing internal security through reputation.
social media usage, BTPN Syariah conducts
regular corporate outreach programs aimed at education and training
maintaining security on social media platforms, Aligned with the key strategic initiative on capacity
including preventing phishing email crimes. development, the Board of Directors, through the
Various tips for using secure internet networks, Human Capital (HC) Division, spearheaded and
such as avoiding the use of public networks, are executed comprehensive training and development
shared with employees to raise awareness and programs in 2023, leveraging both internal and
protect communication channels from potential external training methods, as well as assignments
cybercrimes. Employees are advised to avoid aimed at unlocking employee potential.
downloading files in public spaces, to be cautious
of pop-up advertisements on public hotspots, The HC Division is entrusted with providing
to be cautious and report fake accounts using policies, procedures, and frameworks to support
the name of BTPN Syariah, among other by not training processes for employees, ensuring that
sharing information at social media, to be aware training activities align with the Bank's needs and
of the danger of Malware. Employees are also comply with relevant regulations.
informed of the tips against phising.
Collective training initiatives incorporate
In addition to increasing information disclosure diverse learning approaches such as e-learning,
PT Bank BTPN Syariah Tbk | 2023 Annual Report
through social media, the Corporate & Marketing gamification, and bite-size modules, facilitating
Communication Division conducts outreach easier comprehension of learning materials for
programs and appeals via email blasts to employees.
all employees regarding the importance of
maintaining health and fostering a positive work BTPN Syariah structured a training and
environment. Various engaging illustrations certification curriculum in 2023 specifically tailored
are presented to convey information about for field teams, known as Community Officers
physical and spiritual health topics, such as (CO), who directly serve customers. This curriculum
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good corporate governance
aims to enhance CO competency, facilitate career exceptional performance, especially amidst
advancement, and groom them as proficient challenging circumstances brought about by the
field leaders, contributing meaningfully to the pandemic.
organization.
Frontline MMS employees continue to
In response to evolving conditions, the Bank benefit from incentive programs aimed at
has transitioned towards blended online and acknowledging their significant contributions to
offline employee training programs as pandemic revenue generation, thereby fostering increased
restrictions ease, ensuring ongoing quality and employee engagement.
effectiveness. Training facilitators are equipped
with specialized training to deliver sessions both The employee health program, initially
offline and online. introduced in 2022, persisted in 2023 with regular
educational sessions focusing on preventive
Leadership development programs at BTPN measures, including Covid-19 management,
Syariah in 2023 focus on identifying individual in collaboration with commercial health
strengths and refining them to foster effective insurance providers and telemedicine services.
leadership. Through a Master's Scholarship This ongoing initiative is crucial for ensuring
Program in collaboration with esteemed business employees remain well-informed about health
schools in Indonesia, the Bank endeavors to maintenance practices and adhere to health
cultivate middle-level organizational talent, protocols. Additionally, health-related articles
nurturing advanced thinking and readiness to are periodically disseminated to all employees to
tackle future organizational challenges. An further reinforce health-conscious behaviors.
intensive assessment program is in place to
cultivate a robust pipeline of future leaders.
complaint mechanism for employment and
Moreover, collaboration initiatives with K3 issues
universities are being expanded. BTPN Syariah BTPN Syariah has established a complaint
is set to continue its collaboration with the mechanism within the employment sector to
Independent Campus program in 2023, offering address concerns regarding working conditions.
internship opportunities for final-year students. Employees are encouraged to raise complaints
Supervisors/mentors are designated to ensure directly with their respective superiors. If the
the quality of education for participating complaint cannot be resolved at this level, it may
students. Successful interns may subsequently be escalated to a higher-level superior for further
join BTPN Syariah as prospective employees. consideration.
Throughout 2023, BTPN Syariah, through the The Industrial Relations Unit within the Human
HC Division, conducted 856 training sessions, Capital Division is responsible for overseeing the
attended by 58,138 participants, totaling complaint process related to employment issues,
608,509 training hours equivalent to 25,358 ensuring adherence to established procedures at
days. BTPN Syariah.
remuneration and employee welfare As of December 31, 2023, no Workers Union has
management been formed at BTPN Syariah.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
The Bank maintains a system of awards and
rewards based on performance, mindful of work and social balance
industry promotion norms, internal equity, and In alignment with its commitment to corporate
the Bank's capacity. social responsibility and fostering a healthy,
dynamic, and positive work environment, BTPN
The special award program introduced in 2022 Syariah prioritizes maintaining a balanced
will be reinstated in 2023 to recognize the equilibrium between work and social aspects.
dedication of employees who consistently deliver
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The Bank allocates resources to support employee This spiritual enrichment program aims to
engagement in sports, health-related activities, cultivate future leaders with strong character
and other communal events, including those of a in line with sharia principles. Throughout 2023,
religious nature. the program covered various themes, including
personal growth, discipline, Ramadan worship,
sports and health Quranic teachings, sustenance through charity,
BTPN Syariah fosters internal synergy and promotes self-reflection on faith, and emulation of Prophet
a healthy living culture by providing resources for Muhammad's teachings.
employees to engage in sports activities through
the PRISMA Club, spanning across various divisions. Additionally, BTPN Syariah provides prayer
This initiative aims to not only cultivate a healthy rooms with locker facilities at the head office,
and positive work environment but also create as well as ablution areas and prayer rooms in all
opportunities for creativity and accomplishment in branch offices and functional offices, facilitating
the realm of sports. employees in performing their religious obligations.
In 2023, we resumed joint sports activities that Furthermore, BTPN Syariah maintains the
were put on hold during the pandemic season based tradition of commencing every company activity
on employee interests such as zumba, badminton, with a prayer, fostering a sense of togetherness
running and cycling. As we move into 2024, these and providing spiritual nourishment for employees'
activities will continue to be promoted as they have personal and professional growth through a
proven to boost employee engagement and help technology-based platform.
maintain a healthy work-life balance.
In addition to promoting physical health, BTPN employee engagements
Syariah also offers a counseling forum for To foster strong connections with employees,
employees called the Employee Assistance BTPN Syariah employs various mediums to
Program (EAP). This program provides counseling deliver information about the company, the
services by experts such as Adult & Child Clinical Parent Entity, and the National Banking sector
Psychologists, Industrial & Organizational in a concise, engaging, and informative manner.
Psychologists, Educational Psychologists, Financial This information is disseminated through
Consultants, and others. The goal is to help e-newsletters and webinars.
employees manage personal and family issues
effectively, thereby enhancing work productivity The e-newsletters cover a range of topics
and maximizing their potential. including health tips, psychological well-
being, financial management, and awareness
BTPN Syariah provides three key insurances for campaigns on information security and fraud
employees regarding health coverage: Health prevention. Similarly, webinars are conducted on
Insurance and Telemedicine, BPJS Health, and subjects such as understanding the long-term
BPJS Employment. Each insurance comes with its effects of Covid-19 on physical and psychological
own card and e-ID for easy access to services and health, as well as financial education and
facilities. These programs aim to address various management throughout 2023.
employee needs, including first aid at primary
health facilities, treatment for injuries or accidents, Moreover, BTPN Syariah promotes interactive
PT Bank BTPN Syariah Tbk | 2023 Annual Report
and provisions for old-age security. dialogue sessions called the Empowering
Banker Dialogue, which are attended by senior
religious social activities employees. These sessions provide updates on
BTPN Syariah promotes social and religious the company's progress and financial reports
balance by allocating resources to meet employee on a quarterly basis in 2023. This initiative aims
needs through Islamic spiritual activities. One such to facilitate open communication, strengthen
activity is the Tausiyah Online, which is organized employee engagement, and foster a sense of
monthly under the auspices of the Prisma Club belonging among employees.
managed by the Human Capital Division.
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good corporate governance
empowerment of customers employees have access to a canteen and pantry.
Since its inception, BTPN Syariah has been Furthermore, a lactation room equipped with
committed to providing measurable and a refrigerator is available for breastfeeding
sustainable empowerment to customers, mothers at the BTPN Syariah Head Office.
particularly in society as a whole, as a form of
social responsibility and the bank's concern. new way of working (NWW)
The Empowerment Program serves as one of BTPN Syariah continues to implement the
the strengthening factors in building a digital New Way of Working (NWW) system for its
ecosystem through the Bestee Platform, a employees. This approach involves forming small
digital platform that provides broad and optimal teams known as Squads, comprised of talents
access to knowledge to reach more customers from various relevant divisions, to enhance
and offer more intensive business assistance. collaboration and expedite product development
aligned with customer needs.
The Empowerment Program through the
Bestee Platform aims to bring improvements Over the past five years, the number of Squads
to customers in terms of both knowledge and has increased significantly from 2 Squads in 2018
business. BTPN Syariah collaborates with to 22 Squads in 2023.
various external parties such as universities
and other related entities to strengthen The spirit of working in the NWW manner
program implementation and ensure continuous continues to be adopted and implemented, not
improvement in the future. only in the digital product development area
but also integrated in other units to foster
In addition to the Bestee Platform, BTPN Syariah collaboration and expedite process improvements.
also offers the TBNKu Program, which provides
online training (webinars) to customers in the Training and sharing sessions related to NWW
Successful Customer category. These webinars were conducted more intensively in 2023, with
offer direct entrepreneurship training from small groups formed to study and deepen specific
experts specializing in entrepreneurship. The goal technical skills (referred to as Community of
is to equip customers with enhanced skills and Practices/CoP). Sharing sessions were delivered by
knowledge that can be utilized to develop their both internal speakers and Agile practitioners from
businesses effectively. outside the company.
use of company facilities anti-money laundering, prevention of
BTPN Syariah ensures the availability of terrorism financing and prevention of funding
company facilities, including a room or veranda for the proliferation of weapons of mass
designed for employees to engage in light destruction (APU, PPT & PPPSPM)
activities and rest together. BTPN Syariah is fully committed to
implementing regulations related to Anti-Money
Through collaborative efforts in Banking Synergy, Laundering, Prevention of Terrorist Financing,
BTPN Syariah benefits from cooperation with and Prevention of Funding for the Proliferation
BTPN as the Parent Entity, including access of Weapons of Mass Destruction (APU, PPT &
to shared spaces in the BTPN office area and PPPSPM), including the implementation of the
PT Bank BTPN Syariah Tbk | 2023 Annual Report
facilities within the BTPN Tower. The agreement know your customer (KYC) principle.
for shared facilities has been extended in 2023.
In implementing the Anti-Money Laundering
The collective room at the BTPN Tower is Program, Prevention of Terrorism Financing, and
modernly designed and equipped with various Prevention of Funding for the Proliferation of
recreational amenities such as foosball, a music Weapons of Mass Destruction, BTPN Syariah
studio, and a karaoke room for employees to is guided by OJK Regulation Number 8 of 2023,
enjoy after working hours. Additionally, flat- concerning Implementation of the Anti-Money
screen TVs with speakers and other technological Laundering Program, Prevention of Terrorism
equipment are provided for communal viewing. Financing, and Prevention of Funding for the
At the BTPN Syariah office environment, Proliferation of Weapons of Mass Destruction in
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the Financial Services Sector. This implementation APU, PPT, and PPPSPM assessment will be
is carried out by creating Policies and Procedures carried out directly at the selected Branch
regarding efforts to prevent Money Laundering, Offices. The assessment mechanism is carried
Terrorism Financing, and Funding for the out by carrying out a random inspection of
Proliferation of Weapons of Mass Destruction. customer documents and interviewing officers
at the branch office.
Implementation of the APU PPT & PPPSPM 7. Training and Socialization
Program that has been carried out by the Bank To improve the quality of Human Resources, the
during 2023 includes: bank carries out training & outreach on APU,
1. APU, PPT & CFT regulations PPT & PPPSPM. Training is provided to new
a. The Bank has adjusted the APU, PPT, and employees, and regular refreshment training is
PPPSPM provisions in accordance with the also provided.
latest regulations from the regulator.
b. The Bank has evaluated the Training methods using e-learning media
implementation of the APU, PPT, or using online communication media.
and PPPSPM programs through the Socialization is provided to officers at branch
implementation of APU, PPT, and offices to obtain the latest provisions and
PPPSPM Risk studies on new and existing information related to APU, PPT, and PPPSPM.
products/services owned by the Bank.
corporate social responsibility to
2. Monitoring Customer Transactions consumers/customers
The Bank monitors customer transactions on BTPN Syariah is committed to trust in providing the
an ongoing basis to identify suitability between best service to customers in accordance with the
customer transactions and customer profiles, principles of good governance and sharia principles.
including occupation, business sector, income,
and source of customer funds. Starting from the belief that customer
3. Updating Customer Data satisfaction is one of the keys to improving the
The Bank updates customer data regularly to performance and sustainability of the Bank's
obtain the latest information and documents business, the Board of Directors is fully committed
from customers. to maintaining its reputation by continuing to
4. Reporting to PPATK improve service quality and customer satisfaction.
The Bank has submitted reports related
to APU, PPT, and PPPSPM, including Cash In order to ensure the implementation of its
Financial Transaction Reports, Suspicious responsibilities to customers, BTPN Syariah has
Financial Transaction Reports, Integrated internal policies including consumer protection
Service User Information System Reports policies and confidentiality of customer data.
(SIPESAT), and Terrorism Financing Suspected the provisions of which refer to the applicable
Information System Reports (SIPENDAR). regulations, namely:
5. Customer Risk Profile Assessment using Risk • POJK Number 18/POJK.07/2018 concerning
Based Approach (RBA) Consumer Complaint Services in the Financial
The Bank has implemented a Risk Based Services Sector;
Approach (RBA) through the Sectoral • POJK Number 31/POJK.07/2020 concerning
Risk Assessment (SRA) and National Risk the Implementation of Consumer and
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Assessment (NRA) methods from the OJK Community Services in the Financial Services
and PPATK, so that it can identify customers Sector by OJK;
according to risk categories consisting of Low, • PBI Number 7/6/PBI/2005 concerning
Medium, and High. Transparency of Bank Product Information and
6. APU & CFT Assessment Use of Customer Personal Data;
To ensure that the implementation of APU, PPT • PBI Number 22/20/PBI/2020 concerning Bank
& PPPSPM is carried out properly in accordance Indonesia Consumer Protection; and
with applicable regulations, during 2023 an • Regulation of Members of the Board of
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good corporate governance
Governors (PADG) Number 23/17/PADG/2021 with telephone number 1-500-300 and Toll-Free
concerning Procedures for Bank Indonesia telephone number 0-800-1500-300.
Consumer Protection.
• POJK No.6/POJK.07/2022 concerning There is no charge for every complaint submitted
Consumer and Public Protection in the by a consumer in the customer complaint
Financial Services Sector. handling process.
mechanism for managing 1. Complaints are submitted directly via the
customer complains contact channel, recorded, and resolved by
Consumer protection practices at BTPN Syariah officers and officials on the contact channel.
refer to POJK no. 6/POJK.07/2022 where the 2. Complaints that enter the contact channel
coordinator of the Consumer and Community and require further investigation after
Protection Function at BTPN Syariah is being recorded by the PIC contact channel
concurrently the Consumer Complaint Handling are then submitted to the UPPK work unit.
Unit (UPPK) and in carrying out his duties is Furthermore, UPPK follows up on the resolution
assisted by a Person in Charge (PIC) appointed of consumer complaints received in accordance
by each relevant work unit in BTPN Syariah. with applicable BTPN Syariah Policies and
Procedures.
The Consumer Complaint Resolution Unit 3. UPPK carries out monitoring to ensure that
(UPPK) is a work unit within the Operations the handling of consumer complaints has
function of the Directorate in charge of been resolved, both consumer complaints
Finance, Treasury, and Operations. This unit was received through the PIC contact channel and
formed by BTPN Syariah to handle and resolve through the OJK traceable application in APPK
complaints submitted by consumers. This unit (Consumer Protection Portal Application).
has been equipped with Policies and Procedures 4. On a regular basis, UPPK will submit
regarding handling, resolving, and reporting consolidated consumer complaint reports to
consumer complaints. the Regulator in accordance with applicable
regulations.
BTPN Syariah has built a consumer complaint
service mechanism. Complaints can be number of consumer complaints
submitted via the contact channel consisting Throughout 2023 BTPN Syariah has received 9,406
of Branch Offices, Operational Functional incoming contacts, consisting of 34.1% Requests,
Offices throughout Indonesia, the BTPN Syariah 60.3% Questions and 5.6% Complaints.
Website, and the BTPN Syariah Call Center
Consumer Complaint Resolution Statistics (consumer complaints) in 2023 are as follows:
Resolved on process
No Products and Services Total Complaints
Total Percentage Total Percentage
1 Mobile Banking 229 100.00% - - 229
Tepat Pembiayaan/
2 157 100.00% - - 157
Financing
3 ATM 69 100.00% - - 69
PT Bank BTPN Syariah Tbk | 2023 Annual Report
4 Mitra Tepat 35 100.00% - - 35
5 Tabungan/ Savings 21 100.00% - - 21
6 Internet Banking 13 100.00% - - 13
7 Deposito/ Deposit 1 100.00% - - 1
Total 525 525
All customer complaints can be resolved in less than 20 working days (on average completed within 5 working days)
Acceptance period for incoming contacts January – December 2023
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BTPN Syariah continues to make comprehensive improvement efforts in handling consumer complaints
by continuously improving the infrastructure and process for resolving customer complaints as BTPN
Syariah's commitment to increasing customer satisfaction.
Disclosures regarding Social Environmental Responsibility and Governance of BTPN Syariah are presented
more comprehensively in the 2023 Sustainability Report separately from this Annual Report.
impact and achievements of social responsibility activities for customers
The social responsibility activities implemented by BTPN Syariah have yielded significant impacts and
achievements, primarily resulting in high levels of customer satisfaction with the Bank's services and
products. Aligned with the Bank's mission and vision to become a sharia commercial bank for inclusive
finance that transforms the lives of Indonesian people, these activities have contributed to enhancing the
standard and quality of life for customers across the segments served.
Key details of the impact and achievements of social responsibility activities on customers include:
• Confidentiality of Customer Data
BTPN Syariah prioritizes the confidentiality of customer data by enhancing IT quality for data security.
The Bank ensures that customer data is accessible only to authorized employees through stringent
authorization stages. As of the end of 2022, there have been no reported complaints regarding
customer data leaks.
Moreover, BTPN Syariah is committed to safeguarding the data security of its business partners,
including vendors. Data and information from vendors and third parties collaborating with the Bank
are stored in a secure database accessible only to authorized parties. Until the end of 2023, there have
been no complaints regarding data leaks from vendors or other third parties.
• Financial Literacy Program
BTPN Syariah actively participates in the Financial Literacy Program mandated by the Regulator
to enhance public awareness of financial management importance. In line with the Bank's business
model and vision, BTPN Syariah conducts financial literacy programs targeting underprivileged and
moderately prosperous communities, which represent the focal segments of the Bank's business
activities. Detailed insights into the Financial Literacy Program at the Bank can be found in the DAYA
discussion included in the 2023 Annual Report.
corporate social responsibility in the field of social and community development
Since its establishment as a Sharia Business Unit within BTPN, the Bank has remained committed to
focusing its business activities on the development of pre- and moderately prosperous communities.
BTPN Syariah, through its DAYA Division in collaboration with #bankirpemberdaya, conducts training
and mentoring activities in the fields of knowledge, education, and business skills to support literacy and
PT Bank BTPN Syariah Tbk | 2023 Annual Report
inclusion within the community.
Starting from 2023, the DAYA Division has categorized its activities into 2 main groups: Group
Empowerment Programs and Individual Empowerment Programs. This restructuring aims to ensure
that activities within each group are more functional and aligned with their respective focuses, while
maintaining a strong emphasis on measurability. Through a variety of training and empowerment
initiatives under the DAYA Division, the Bank aims to create growth opportunities and enhance the quality
of life for productive pre-inclusive customers, enabling them to experience meaningful change and their
good intentions can be realized faster.
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good corporate governance
• Group Empowerment Program:
The Group Empowerment Program entails empowerment activities conducted within customer groups
or centers on a bi-weekly basis. These activities encompass discussions, sharing sessions, and the
provision of practical tips on various topics related to health, entrepreneurship, and environmental
awareness, presented through concise and relevant modules tailored to the customers' needs and
conditions. Beyond center-based activities, the Group Empowerment Program also offers specialized
sessions tailored to specific customer groups, particularly the Successful Customers group, where
empowerment efforts are more intensive. These sessions include entrepreneurship learning and training
through webinars facilitated by experienced partners of BTPN Syariah. The content is customized to
address the specific needs of the customers, with the objective of enhancing their entrepreneurial
knowledge and capabilities to effectively manage their businesses. This initiative is implemented
intensively to foster growth and capacity-building among customers, thereby facilitating their
entrepreneurial success and socio-economic advancement.
• Individual Empowerment Mentoring Program
The Individual Empowerment Program at BTPN Syariah consists of two key initiatives aimed at
providing tailored support to customers.
In the Inspirational Customer Assistance Program, customers receive personalized one-on-one
mentoring sessions conducted by Senior Business Managers (SBM) or Business Managers (BM) using
a dedicated platform. These sessions are designed to offer entrepreneurial guidance and support to
enhance the performance of customers' businesses.
The Bestee Assistance Program involves individual mentoring sessions facilitated by students through
an integrated platform. This program collaborates with various third-party organizations, including
non-profits, government agencies, and educational institutions. The goal is to provide customers with
personalized mentorship outside regular operating hours, leveraging the expertise and resources of
these external partners.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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07
Company Data
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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Executive OFFICER
as of December 31, 2023
No Name Category Branch Position/Title
1 SAENAH FARIDA Head Office - DAYA HEAD
CORPORATE & MARKETING
2 AINUL YAQIN Head Office -
COMMUNICATION HEAD
3 RR SHITA SATYAWATI P Head Office - RETAIL & WHOLESALE FUNDING HEAD
FUNDING & NEW BUSINESS PLANNING &
4 DWI PRASETYA, ST. Head Office -
SUPPORT HEAD
5 FAUZAN RIZANI Head Office - COMPLIANCE HEAD
YUNITA CAHAYA HAERANI, CORPORATE SECRETARY & GENERAL
6 Head Office -
SH.H.HUM COUNSEL HEAD
7 DHARMA PUTERA Head Office - RISK MANAGEMENT HEAD
8 ANDREW ADHITIA Head Office - FINANCIAL CONTROL & ANALYTIC HEAD
CORPORATE INFORMATION SECURITY
9 HER PURWOKO Head Office -
HEAD
10 ROBERTUS J HADISURYA Head Office - INFORMATION TECHNOLOGY HEAD.
11 IBNU AGUNG MULYANTO Head Office - HUMAN CAPITAL HEAD
12 GATOT PRASETYO Head Office - INTERNAL AUDIT HEAD
FINANCING BUSINESS PLANNING &
13 HENDRIANTO Head Office -
SUPPORT HEAD
TREASURY & FINANCIAL INSTITUTION
14 ANTONIUS B. PRIYADI Head Office -
HEAD
15 MILA ANITA Head Office - QA FUNDING & OPERATIONS HEAD
16 SINARWATI MURTININGSIH Head Office - OPERATION DEVELOPMENT HEAD
17 MUHAMMAD AFFENDIE Head Office - TRANSACTION SERVICES HEAD
18 HERJANDI Head Office - CORPORATE SERVICES HEAD
19 YULIANTO Head Office - DISTRIBUTION HEAD 2
20 ALI ANDI LEON ARKANTORO Head Office - DISTRIBUTION HEAD 3
21 FIRMANSYAH Head Office - DISTRIBUTION HEAD 4
MITRA TEPAT & PROJECT
22 HANAN YULIANTO Head Office -
IMPLEMENTATION HEAD
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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company data
No Name Category Branch Position/Title
23 MOHAMAD RIZAL Head Office - FINANCING BUSINESS RISK HEAD
24 ERIKAL MIRTHA Head Office - BUSINESS DEVELOPMENT HEAD
25 ANDI SETIO Head Office - DISTRIBUTION HEAD 1A
26 VICKY AGUS SETIAWAN Head Office - DISTRIBUTION HEAD 1B
KCS MENARA
27 FRANSISCA THERISCHOVA Branch Head BRANCH MANAGER KADIN
KADIN
28 WIDHY GUSTIANA SAPARI Branch Head BRANCH MANAGER BANDUNG
29 DIANA MAULUDIAH Branch Head KCS DENPASAR BRANCH MANAGER BALI
30 RIKA TRI OCTAVIA Branch Head KCS PALEMBANG BRANCH MANAGER PALEMBANG
31 NABILAH, SE Branch Head KCS SURABAYA BRANCH MANAGER SURABAYA
32 HADI SUSILO Branch Head KCS LAMPUNG BRANCH MANAGER LAMPUNG
33 NOOR IKHSAN SYUHADA Branch Head KCS MAKASSAR BRANCH MANAGER MAKASSAR
34 SRI KEUMALA Branch Head KCS MEDAN BRANCH MANAGER MEDAN
35 TITIED DESDYA Branch Head KCS PADANG BRANCH MANAGER PADANG
36 NINIK IZATI Branch Head KCS JAKARTA BRANCH MANAGER PONDOK INDAH
37 DEWI SUSILOWATI Branch Head KCS SEMARANG 1 BRANCH MANAGER SEMARANG
KCS DI
38 YOSEPHAN RAMADIAN Branch Head BRANCH MANAGER DI YOGYAKARTA
YOGYAKARTA
39 DIAN ADILA PUTRA Branch Head KCS BANDA ACEH BRANCH MANAGER BANDA ACEH
KCS
40 VITRI Branch Head BRANCH MANAGER BANJARMASIN
BANJARMASIN
BRANCH OPERATION MANAGER - KCS
41 DUDI WALUYO Branch Head KCS KUPANG
KUPANG
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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Products and
SERVICES
FUNDING
Tepat Tabungan Syariah
Savings product with a wadiah yad dhamanah agreement given to both Sharia Financing
Appropriate customers and non-financing customers. This product is to support inclusive
finance, where customers can have easy bill payment transactions, credit purchases, fund
transfers, as well as cash deposit and cash withdrawal transactions at Mitra Mitra BTPN
Syariah. Currently, this service is equipped with a payment service feature for products for
daily needs of BTPN Syariah customers, so it is hoped that it will make things easier and
improve the welfare of their families and the environment.
Tepat Tabungan
Can be opened without a minimum deposit, with a wadiah yad dhamanah agreement.
Customers have the convenience of making transactions at all Bank branches, free of
monthly administration fees.
Tepat Tabungan Platinum
Savings for individual customers (Tepat Tabungan Platinum) and companies (Tepat
Tabungan Platinum Bisnis) which are managed based on a profit sharing agreement (akad
mudharabah mutlaqah) provide the freedom to make unlimited cash withdrawals and free
monthly administration fees (terms and conditions apply) for returns. optimal results.
Tepat Tabungan Rencana
Planned savings facility, to easily make various dreams come true, with various monthly
deposit and time period options (mudharabah mutlaqah contract) .
Rekening Tabungan Jamaah Haji
Savings product for customers who plan to carry out the Hajj pilgrimage to the Holy Land.
Based on sharia principles with the wadiah yad dhamanah agreement, this safe and secure
product has an online connected system with SISKOHAT of the Indonesian Ministry of
Religion.
Tepat Deposito
Deposits based on a profit sharing agreement (akad mudharabah mutlaqah) between
PT Bank BTPN Syariah Tbk | 2023 Annual Report
BTPN Syariah (mudharib) and the customer as the owner of the funds (shahibul maal) with
terms ranging from 1 to 28 days and 1, 2, 3, 4, 5, 6, 7 , 8, 9, 10, 11, 12, and 24 months, in Rupiah
currency.
Tepat Giro
Fund placement product that uses a wadiah yad dhamanah contract, providing flexibility
for customers to make transactions using Checks/Bilyet Giro.
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company data
FINANCING
Tepat Pembiayaan Syariah – Kelompok
Financing specifically aimed at productive underprivileged women is carried out based on a
sale and purchase agreement (wakalah wal murabahah contract). Tepat Sharia Financing
(previously called PMD) focuses on building customer character and good habits, namely
Courage to Do Business, Discipline, Hard Work and Helping Each Other (BDKS).
Tepat Pembiayaan Modal Kerja Syariah kepada Perusahaan Pembiayaan
Through this product, the Bank distributes financing to sharia financing companies to meet
the financing needs of end user customers from sharia financing companies which currently
cannot be met by the Bank. The Bank synergizes with PT Bank BTPN Tbk as the parent
entity to strengthen the implementation of the precautionary principle in the process of
distributing financing to customers.
Tepat Pembiayaan Produktif Syariah kepada Perusahaan Institusi yang Mendukung
Segmen Ultra Mikro
Working capital and investment financing aimed at Companies or Institutions that Support
the Ultra Micro Segment, through sale and purchase agreements (murabahah contracts)
to increase Bank assets and build a business ecosystem with strategic partners to expand
service reach and increase financing benefits so that they can meet needs customers who
are currently unable to be met by BTPN Syariah.
Tepat Fasilitas Pembiayaan Modal Kerja kepada Mitra Tepat
With the Tepat product, Working Capital Financing Facilities for Tepat Partners, Tepat
Partners as agents find it easy to use revolving financing from the Bank according to
the products needed. Customers can use the financing facility to cover liquidity needs
for rotating capital in serving customers who make transactions with agents or rotating
capital supplies. This facility is provided using several contract options, including: (1) Qardh
contract for liquidity needs; (2) Murabahah agreement for purchasing supplies.
Tepat Pembiayaan Syariah Individu
Tepat Individual Sharia Financing is financing for working capital, investment and consumer
purposes provided to community and non-community customers.
Penyaluran Pembiayaan Melalui Skema Kerjasama dengan Partner Bank
(Channeling)
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Financing channeled through collaboration with partners in the form of providing working
capital financing limits. Partners will play a role in utilizing the financing limit by distributing
it to members/users (hereinafter referred to as BTPNS Customers (end users)) in
accordance with the provisions determined between BTPNS & Partners.
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Office NETWORK
No Office Name Address Phone Number
Jl. Khatib Sulaiman, No. 45, Kel. Lolong Belantih,
1 KFNO PADANG 07514680011
Kec. Padang Barat, Kota Padang
Jl. Raya Pajajaran No.63, RT. 03 RW. 13, Bantarjati,
2 KFO DRAMAGA 02512000072
Kec. Bogor Utara, Kota Bogor, Jawa Barat
Jl. Cik Di Tiro No. 6, RT 059 RW 12, Kel. Terban,
3 ATM-KC DI YOGYKARTA 02745059060
Kec. Gondokusuman, Yogjakarta
Jl. Cik Di Tiro No. 6, RT 059 RW 12, Kel. Terban,
4 KC DI YOGYKARTA 02745059060
Kec. Gondokusuman, Yogjakarta
5 ATM-KC PADANG-SUDIRMAN Jl. Sudirman No 42, Kel. Jati Baru, Padang 07518955993
ATM-KC BANJARMASIN-LAMBUNG Jl. Lambung Mangkurat No 40, Kel. Kertak Baru Ilir,
6 0511327662
MANGKURAT Kec. Banjarmasin Tengah, Banjarmasin, Kalsel
ATM-KC BANDA ACEH- Jl. Sri Ratu Safiatuddin No 43, Kel. Peunayong,
7 065121276
SAFIATUDDIN Kec. Kuta Alam, Banda Aceh
ATM-KC LAMPUNG-JENDRAL Jl. Jendral Sudirman No 55, Kel. Rawa Laut,
8 0721242941
SUDIRMAN Kec. Tanjung Karang Timur, Kota Bandar Lampung
Jl. Radio dalam No 100, Gandaria Utara, Kebayoran
9 KC JAKARTA-PONDOK INDAH 02127099533
Baru, Jakarta Selatan
Jl. Radio dalam No 100, Gandaria Utara, Kebayoran
10 ATM-KC JAKARTA-PONDOK INDAH 02127099533
Baru, Jakarta Selatan
Jl. Sunda No 55 - 61, Kelurahan Kebon Pisang,
11 KC BANDUNG-SUNDA 0224234241
Kecamatan Sumur Bandung, Kota Bandung
Jl. Sunda No 55 - 61, Kelurahan Kebon Pisang,
12 ATM-KC BANDUNG-SUNDA 0224234241
Kecamatan Sumur Bandung, Kota Bandung
13 KFO KEPANJEN Jl. Jaksa Agung Suprapto No 63, Malang 03413018123
14 KFO GUNUNG PUYUH Jl. R.E Martadinata 51 Sukabumi Jawa Barat 02666244126 / 7
Jl. Sri Ratu Safiatuddin No 43, Kel. Peunayong,
15 KC BANDA ACEH-SAFIATUDDIN 065121276
Kec. Kuta Alam, Banda Aceh
Jl. Flores Baru RT.02 RW.04, Kel. Kudaile, Kec. Slawi,
16 KFO TEGAL-KUDAILE 02834562195
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Kab. Tegal. Jawa Tengah
Jl. Selaparang, Lingk.Sweta Timur, Kel.Mayura,
17 KFO MATARAM-SELAPARANG Kec.Cakranegara, Kota Mataram, Nusa Tenggara 03706173949
Barat
18 KFO PEKANBARU-TAMBUSAI Jl. Tuanku Tambusai No 320, Pekanbaru, Riau 076131422
19 KFO KENDARI-SAO SAO Jl. Sao-Sao No. 207, Kota Kendari 04013193746
Jl. Tjilik Riwut KM.2, Kel. Palangka, Kec. Jekan Raya,
20 KFO PALANGKARAYA-TJILIK RIWUT 05364200408
Kota Palangkaraya, Prop. Kalimantan Tengah
460
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company data
No Office Name Address Phone Number
21 KFO PONTIANAK-AHMAD YANI Jl. Ahmad Yani No. 38 B, Pontianak 0561571444
22 KFO SAMARINDA-Dr. SUTOMO Jl. Dr. Sutomo No. 8A, Kota Samarinda 0541739193
Jl. Orang Kayo Pingai No. 43 A RT. 09,
23 KFO JAMBI-ORANG KAYO PINGAI 074135888
Kel. Talang Banjar, Kec. Jambi Timur, Jambi
KFO PEKALONGAN-TANJUNG Jl. Mandurorejo RT. 001 RW. 001, Ds. Tanjung Kulon,
24 02853830041
KULON Kec. Pekalongan, Kab. Pekalongan, Jawa Tengah
Menara BTPN, Lt. 12 CBD Mega Kuningan, Jl. Dr. Ide
25 KPNO-MENARA BTPN 02130026400
Anak Agung Gde Agung Kav.5.5-5.6, Kuningan Timur
Jl. Dinoyo No.21, Kel. Keputran, Kec. Tegalsari, Kota
26 KFNO DINOYO 0315663316
Surabaya, Prov. Jawa Timur
Wisma BCA, Jl.Kapt. Soebianto Djojohadikusumo, Kel.
27 KFNO WISMA BCA 02129661101
Lengkong Gudang, Kec. Serpong, Tangerang Selatan
28 KC SEMARANG-PAMULARSIH Jl. Pamularsih No. 17 Semarang 0247622280
Ruko Salatiga Regency, Jl. Fatmawati No 188, Kel.
29 KFO SIDOREJO 2986031903
Blotongan, Kec. Sidorejo, Kota Salatiga
Jl. Ahmad Yani No. 269, Kel. Kuripan, Kec. Purwodadi,
30 KFO PURWODADI 0292425135
Kab. Grobogan, Jateng
Jl. P. Sudirman No. 81, RT.02 RW.01, Kel. Kabongan
31 KFO REMBANG 0295693501
Kidul, Kec. Rembang, Kab. Rembang, Jawa Tengah
32 ATM-KC SEMARANG PAMULARSIH Jl. Pamularsih No. 17 Semarang 0247622280
Jl. Gatot Subroto (Ruko Gatsula) No. 2 & 3, Kel.
33 KFO CILACAP 02825561194
Gunungsimping, Kec. Cilacap Tengah, Kab. Cilacap
Jl. Jend. Sudirman Barat No. 89, Kel. Bantarsoka, Kec.
34 KFO PURWOKERTO 02816512117
Purwokerto Barat, Kab. Banyumas, Jawa Tengah
Jl. Kolektor Primer, Ds. Bawang RT 004, RW 005, Kec.
35 KFO BANJARNEGARA 02865988503
Bawang, Kab. Banjarnegara, Jawa Tengah
Menara Kadin Indonesia, Jl. HR. Rasuna Said Blok X-5
36 KC JAKARTA-MENARA KADIN 0215274601
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Kav 2 & 3, Jakarta 12950
Menara Kadin Indonesia, Jl. HR. Rasuna Said Blok X-5
37 ATM-KC JAKARTA-MENARA KADIN 0215274601
Kav 2 & 3, Jakarta 12950
Jl. Mayor Dasuki No.65, Kel. Jatibarang, Kec.
38 KFO JATIBARANG 02347142239
Jatibarang, Kabupaten Indramayu, Jawa Barat
Jl. Pilang Raya No 514, RT.06, RW.03, Kel. Pilang Sari,
39 KFO PILANG SARI 0231203272
Kec. Kedawung, Kab.Cirebon, Jawa Barat
Jl. Ibrahim Singadilaga No.16, RT 09 RW 02, Kel.
40 KFO PURWAKARTA 02648301510
Nagrikaler, Kec. Purwakarta, Kab. Purwakarta, Jabar
461
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No Office Name Address Phone Number
Jl. Siliwangi No. 123, RT 01 RW.17, Kel. Cibadak, Kec.
41 KFO CIBADAK 02667160007
Cibadak, Kab. Sukabumi, Propinsi Jawa Barat
Jl. Raya Kadungora No 197, Kamp. Sukamaju, Ds.
42 KFO SUKAMAJU 0262454462
Kadungora, Kec. Kadungora, Kab. Garut, Jawa Barat
Jl. Raya Surade RT. 005 RW. 002, Kel. Surade, Kec.
43 KFO JAMPANG KULON 0266490048
Surade, Kab. Sukabumi, Propinsi Jawa Barat
Jl. Raya Ion Martasasmita RT. 016 RW. 006, Ds.
44 KFO PAMANUKAN 2607544055
Rancasari, Kec. Pamanukan, Kab. Subang, Jawa Barat
Jl. Pelita I Blok Cidemang, Ds. Pakemitan, Kec. Ciawi,
45 KFO JAWA BARAT-CIAWI TASIK 02657545042
Kab. Tasikmalaya, Jawa Barat
46 KC SURABAYA-DARMAHUSADA Jl. Darmahusada No. 136, Surabaya 0315956259
Jl. Raya Genteng ,Ds.Genteng Wetan, Kec. Genteng,
47 KFO GENTENG 0333843962
Kab. Banyuwangi, Jawa Timur 68465
Ruko Crown Plaza No 1, Jl. KH. Wahid Hasyim No 168,
48 KFO BONDOWOSO 0332429557
Kel. Blindungan, Kec. Bondowoso, Kab. Bondowoso
Jl. A. Yani No. 110 A-B, Kel. Dawuhan, Kec, Situbondo,
49 KFO SITUBONDO 03383893529
Kab. Situbondo, Jatim
Jl. Panglima Besar Sudirman No 26, Ds. Tanggul
50 KFO BALUNG 0336445466
Wetan, Kec. Tanggul, Kab. Jember, Jawa Timur
Jl. Trunojoyo No.214, Komp. Pertokoan Raden Arya
51 KFO SUMENEP 03286771037
Wiraraja Blok 1, Ds. Kolor, Kota Sumenep, Sumenep
Jl. Batoro Katong No. 73, Kel. Cokromenggalan, Kec.
52 KFO PONOROGO 3523592002
Ponorogo, Kab. Ponorogo, Jawa Timur
ATM-KC SURABAYA-
53 Jl. Darmahusada No. 136, Surabaya 0315956259
DHARMAHUSADA
54 KC PALEMBANG-LETKOL ISKANDAR Jl. Letkol Iskandar No. 29, Kampung 24 Ilir 0711373595
Jl. Yusuf Singedekane, Kel. Jua-jua, Kec. Kota Kayu
55 KFO KAYU AGUNG 0712321377
Agung, Kab. Ogan Komiring Ilir, Sumatera Selatan
ATM-KC PALEMBANG-LETKOL.
56 Jl. Letkol Iskandar No 29, Kampung 24 Ilir 0711373595
PT Bank BTPN Syariah Tbk | 2023 Annual Report
ISKANDAR
Jl. Jendral Sudirman No 55, Kel. Rawa Laut, Kec.
57 KC LAMPUNG-JENDRAL SUDIRMAN 0721242941
Tanjung Karang Timur, Kota Bandar Lampung
Jl. Jend. Ahmad Yani 67 D/E, Kel. Pringsewu Utara,
58 KFO PRINGSEWU 072924599
Kec. Pringsewu, Kab. Pringsewu, Provinsi Lampung
59 KC PADANG-SUDIRMAN Jl. Sudirman No. 42, Kel. Jati Baru, Padang 07518955993
60 KC MEDAN-MAYJEN S. PARMAN Jl. Mayor Jendral S. Parman No A6 & A7, Medan 06142002552
462
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company data
No Office Name Address Phone Number
Jl. Kartini, Kel. Perdagangan I, Kec. Bandar, Kab.
61 KFO LIMA PULUH 0622697879
Simalungun, Sumatera Utara
ATM-KC MEDAN-MAYJEN.S.
62 Jl. Mayor Jendral S. Parman No A6 & A7, Medan 06142002552
PARMAN
Jl. W. J. Lalamentik RT.013 RW.005, Kel. Oebobo, Kec.
63 KC KUPANG-OEBOBO 0380821487
Oebobo, Kota Kupang, Prop. Nusa Tenggara Timur
Jl. Sultan Hasanudin, RT.06 RW.02, Kel. Paruga, Kec.
64 KFO BIMA 03746648687
Rasane Barat, Kota Bima, Nusa Tenggara Barat
Jl. Sisingamangaraja, Desa. Bangkinang, Kec.
65 KFO KOTA BANGKINANG 076221231
Bangkinang Kota, Kab. Kampar, Riau
Jl. Hang Tuah No. 29, RT.005, RW.005, Ds. Tambusai
66 KFO KOTA DURI 07655630020
Batang Dui, Kec. Mandau, Kab. Bengkalis, Riau
Jl. By Pass Soekarno Hatta, Desa Kaduagung Timur,
67 KFO RANGKASBITUNG 02525550642
Kec. Cibadak, Kab. Lebak, Provinsi Banten
Jl. Jendral Sudirman Kampung Muncang (sblh solite),
68 KFO PANIMBANG 02535808152
Ds. Labuan, Kec. Labuan, Kab. Pandeglang, Banten
KC BANJARMASIN-LAMBUNG Jl. Lambung Mangkurat No 40, Kel. Kertak Baru Ilir,
69 0511327662
MANGKURAT Kec. Banjarmasin Tengah, Banjarmasin, Kalsel
Jl. Sapati, Kel. Ambekairi, Kec. Unaaha, Kab. Konawe,
70 KFO KENDARI-UNAAHA 04082422514
Propinsi Sulawesi Tenggara, Kode Pos 93411
Jl. Gn. Latimojong No 05 RT 001/RW001, Kel.
71 KC MAKASSAR-GN. LATIMOJONG 04118005500
Gaddong, Kec. Bantoala, Kota Makassar
Jl. Gn. Latimojong No 05 RT 001/RW001, Kel.
72 ATM-KC MKSSR-GN. LATIMOJONG 04118005500
Gaddong, Kec. Bantoala, Kota Makassar
Jl. Diponegoro No. 129, Kelurahan Dauhpuri Kelod,
73 KC DENPASAR-DIPONEGORO 03614723055
Kota Denpasar
Jl. Diponegoro No. 129, Kelurahan Dauhpuri Kelod,
74 ATM-KC DENPASAR-DIPONEGORO 03614723055
Kota Denpasar
PT Bank BTPN Syariah Tbk | 2023 Annual Report
463
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PT Bank BTPN Syariah Tbk | 2023 Annual Report 464
Page 467
Financial Statements
08
company data
PT Bank BTPN Syariah Tbk | 2023 Annual Report
465
Page 468
PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
LAPORAN KEUANGAN KONSOLIDASIAN/
CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022/
YEARS ENDED 31 DECEMBER 2023 AND 2022
PT Bank BTPN Syariah Tbk | 2023 Annual Report
466
Page 469
PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
HAL/
ISI PAGE CONTENTS
SURAT PERNYATAAN DIREKSI DIRECTORS‘ STATEMENT
LAPORAN KEUANGAN KONSOLIDASIAN CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022: YEARS ENDED 31 DESEMBER 2023 AND 2022:
LAPORAN POSISI KEUANGAN CONSOLIDATED STATEMENTS OF
KONSOLIDASIAN ---------------------------------------- 1–3 --------------------------------- FINANCIAL POSITION
LAPORAN LABA RUGI DAN PENGHASILAN CONSOLIDATED STATEMENTS OF
KOMPREHENSIF LAIN PROFIT OR LOSS AND
KONSOLIDASIAN --------------------------------------- 4–5 ------------- OTHER COMPREHENSIVE INCOME
LAPORAN PERUBAHAN EKUITAS CONSOLIDATED STATEMENTS OF
KONSOLIDASIAN ---------------------------------------- 6 --------------------------------- CHANGES IN EQUITY
LAPORAN ARUS KAS CONSOLIDATED STATEMENTS
KONSOLIDASIAN ---------------------------------------- 7–8 --------------------------------------- OF CASH FLOWS
LAPORAN REKONSILIASI CONSOLIDATED STATEMENTS OF
PENDAPATAN DAN RECONCILIATION OF INCOME AND
BAGI HASIL KONSOLIDASIAN ---------------------- 9 ----------------------------------- REVENUE SHARING
CONSOLIDATED STATEMENTS OF
LAPORAN SUMBER DAN PENYALURAN DANA SOURCES AND DISTRIBUTION OF
ZAKAT KONSOLIDASIAN ----------------------------- 10 ------------------------------------------- ZAKAT FUNDS
CONSOLIDATED STATEMENTS OF
LAPORAN SUMBER DAN PENGGUNAAN DANA SOURCES AND USES OF
KEBAJIKAN KONSOLIDASIAN ----------------------- 11 --------------------------- QARDHUL HASAN FUNDS
CATATAN ATAS LAPORAN KEUANGAN CONSOLIDATED NOTES TO THE
KONSOLIDASIAN ---------------------------------------- 12 – 98 --------------------------- FINANCIAL STATEMENTS
SUPPLEMENTARY FINANCIAL
INFORMASI KEUANGAN TAMBAHAN ----------------- 99-109 -------------------------------------------INFORMATION
PT Bank BTPN Syariah Tbk | 2023 Annual Report
467
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PT Bank BTPN Syariah Tbk | 2023 Annual Report 468
Page 471
PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
LAPORAN POSISI KEUANGAN KONSOLIDASIAN CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
31 DESEMBER 2023 DAN 2022 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Catatan/
Notes 2023 2022
ASET ASSETS
Kas 5 497,153) 729,843) Cash
Giro dan penempatan pada Bank Current accounts and placements with
Indonesia 3b,3j,6 763,443) 731,427) Bank Indonesia
Giro pada bank-bank lain Current accounts with other banks
- Pihak ketiga 3,655) 2,355) Third parties -
- Pihak berelasi 3w,7,39 3,464) 8,982) Related party -
3c,3j,7 7,119) 11,337)
Penempatan pada bank-bank lain 3d,8 238,000) 230,500) Placements with other banks
Investasi pada surat berharga 8,571,244) 7,615,789) Investments in marketable securities
Pendapatan yang akan diterima dari Accrued income from investments in
investasi pada surat berharga 75,512) 64,941) marketable securities
3e,3j,9 8,646,756) 7,680,730)
Piutang murabahah
setelah dikurangi pendapatan marjin Murabahah receivables
yang ditangguhkan sebesar net deferred margin income of
31 Desember 2023: Rp 2.776.708 dan 31 December 2023: Rp 2,776,708 and
31 Desember 2022: Rp 2.830.763 31 December 2022: Rp 2,830,763
- Pihak ketiga 11,367,662) 11,463,672) Third parties -
Pendapatan yang akan diterima dari Accrued income from murabahah
piutang murabahah 164,890) 138,773) receivables
Dikurangi: Cadangan kerugian penurunan
nilai 3g (1,213,542) (768,259) Less: Allowance for impairment losses
3f,3j,10 10,319,010) 10,834,186)
Pinjaman qardh - pihak ketiga 530) 3,516) Funds of qardh - third parties
Pendapatan yang akan diterima dari Accrued income from qardh
piutang qardh -) 3) receivables
Dikurangi: Cadangan kerugian penurunan
nilai (177) (63) Less: Allowance for impairment losses
3h,3j 353) 3,456)
Pembiayaan musyarakah - pihak ketiga 19,669) 60,275) Musyarakah financing - third parties
Dikurangi: Cadangan kerugian penurunan
nilai (197) (603) Less: Allowance for impairment losses
3i,3j,11 19,472) 59,672)
Beban dibayar dimuka 12 48,012) 53,141) Prepayments
Aset tetap 1,082,143) 1,092,053) Fixed assets
Dikurangi: Akumulasi penyusutan (705,901) (713,286) Less: Accumulated depreciation
3k,3v,13 376,242) 378,767)
Aset takberwujud 383,607) 296,549) Intangible assets
Dikurangi: Akumulasi amortisasi (172,863) (125,937) Less: Accumulated amortization
3k,14 210,744) 170,612)
Aset pajak tangguhan 3u,19f 273,592) 160,622) Deferred tax assets
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Aset lain-lain - bersih 3l,15 35,470) 117,683) Other assets - net
JUMLAH ASET 21,435,366) 21,161,976) TOTAL ASSETS
Lihat Catatan atas Laporan Keuangan Konsolidasian, yang See Notes to the Consolidated Financial Statements, which form an
merupakan bagian tidak terpisahkan dari laporan keuangan integral part of these consolidated financial statements.
konsolidasian.
1
469
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
LAPORAN POSISI KEUANGAN KONSOLIDASIAN CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
31 DESEMBER 2023 DAN 2022 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Catatan/
Notes 2023 2022
LIABILITAS, DANA SYIRKAH TEMPORER LIABILITIES, TEMPORARY SYIRKAH FUNDS
DAN EKUITAS AND SHAREHOLDERS’ EQUITY
LIABILITAS LIABILITIES
Liabilitas segera 3j,3m,16 29,345) 38,428) Liabilities due immediately
Bagi hasil yang belum dibagikan 3j,3r,17 21,951) 18,996) Undistributed revenue sharing
Simpanan nasabah Deposits from customers
- Pihak ketiga Third parties -
Giro wadiah 24,009) 27,646) Wadiah demand deposits
Tabungan wadiah 2,197,488) 2,177,252) Wadiah saving deposits
- Pihak berelasi 3w,39 Related parties -
Tabungan wadiah 500) 370) Wadiah saving deposits
3j,3n,18 2,221,997) 2,205,268)
Utang pajak Taxes payable
- Pajak penghasilan badan 19e 34,851) 44,342) Corporate income tax -
- Pajak lainnya 16,050) 14,951) Other taxes -
3u,19a 50,901) 59,293)
Pinjaman yang diterima 20 -) 100,000) Borrowings
Liabilitas sewa 3j,3v 53,792) 67,746) Lease liabilities
Liabilitas lain-lain 3j,21 62,569) 144,505) Other liabilities
Akrual 3j,22 67,568) 90,791) Accruals
3t,3v,38,
Liabilitas imbalan kerja karyawan 39 229,290) 185,693) Employee benefits liabilities
JUMLAH LIABILITAS 2,737,413) 2,910,720) TOTAL LIABILITIES
DANA SYIRKAH TEMPORER TEMPORARY SYIRKAH FUNDS
Bukan bank Non-bank
Tabungan mudharabah Mudharabah saving deposits
- Pihak ketiga 887,890) 763,070) Third parties -
- Pihak berelasi 3w,39 2,064) 596) Related parties -
3p,23 889,954) 763,666)
Deposito mudharabah Mudharabah time deposits
- Pihak ketiga 8,997,932) 9,043,060) Third parties -
- Pihak berelasi 3w,39 32,934) 36,535) Related parties -
3p,24 9,030,866) 9,079,595)
PT Bank BTPN Syariah Tbk | 2023 Annual Report
JUMLAH DANA SYIRKAH TEMPORER 9,920,820) 9,843,261) TOTAL TEMPORARY SYIRKAH FUNDS
Lihat Catatan atas Laporan Keuangan Konsolidasian, yang See Notes to the Consolidated Financial Statements, which form an
merupakan bagian tidak terpisahkan dari laporan keuangan integral part of these consolidated financial statements.
konsolidasian.
2
470
Page 473
PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
LAPORAN POSISI KEUANGAN KONSOLIDASIAN CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
31 DESEMBER 2023 DAN 2022 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Catatan/
Notes 2023 2022
EKUITAS SHAREHOLDERS’ EQUITY
Modal saham Share capital
Modal dasar - 27.500.000.000 saham Authorized - 27,500,000,000 shares
Modal ditempatkan dan disetor penuh - Issued and fully paid capital -
7.703.700.000 saham 25 770,370) 770,370) 7,703,700,000 shares
Tambahan modal disetor 3y,25 846,440) 846,440) Additional paid-in capital
Cadangan revaluasi aset 3k 5,239) 5,239) Asset revaluation reserve
Keuntungan yang belum direalisasi atas
investasi pada surat berharga yang Unrealized gains on investments in
diklasifikasikan sebagai diukur pada nilai marketable securities classified as
wajar melalui penghasilan komprehensif measured as fair value through other
lain - bersih 3e,9a 143) 63) comprehensive income - net
Saldo laba Retained earnings
- Dicadangkan 26,27 125,000) 105,000) Appropriated -
- Belum dicadangkan 7,011,434) 6,664,100) Unappropriated -
7,136,434) 6,769,100)
Komponen ekuitas lainnya 20,916) 20,916) Other equity components
Saham tresuri 3ab (5,538) (7,173) Treasury shares
Kepentingan non-pengendali 3a 3,129) 3,040) Non-controlling interest
JUMLAH EKUITAS 8,777,133) 8,407,995) TOTAL EQUITY
JUMLAH LIABILITAS, DANA SYIRKAH TOTAL LIABILITIES, TEMPORARY
TEMPORER, DAN EKUITAS 21,435,366) 21,161,976) SYIRKAH FUNDS, AND EQUITY
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Lihat Catatan atas Laporan Keuangan Konsolidasian, yang See Notes to the Consolidated Financial Statements, which form an
merupakan bagian tidak terpisahkan dari laporan keuangan integral part of these consolidated financial statements.
konsolidasian.
3
471
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
LAPORAN LABA RUGI DAN PENGHASILAN CONSOLIDATED STATEMENTS OF PROFIT OR LOSS
KOMPREHENSIF LAIN KONSOLIDASIAN AND OTHER COMPREHENSIVE INCOME
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Catatan/
Notes 2023 2022
Pendapatan pengelolaan dana oleh Bank Income from fund management by the Bank
sebagai mudharib as mudharib
Pendapatan dari jual beli - marjin Income from sales and purchases -
murabahah 3q 5,299,422) 5,048,219) murabahah margin
Pendapatan dari piutang lainnya 182) 120) Income from other receivables
Pendapatan bagi hasil - pembiayaan Revenue from profit sharing -
musyarakah 3q 4,727) 3,289) musyarakah financing
Pendapatan usaha utama lainnya 28 441,851) 322,162) Other main operating income
5,746,182) 5,373,790)
Hak pihak ketiga atas bagi hasil dana syirkah Third parties’ shares on return of temporary
temporer 3r,3w,29,39 (486,433) (344,440) syirkah funds
Hak bagi hasil milik Bank 5,259,749) 5,029,350) Bank’s share in profit sharing
PENDAPATAN OPERASIONAL LAINNYA 3s,30 60,949) 65,646) OTHER OPERATING INCOME
BEBAN OPERASIONAL LAINNYA 3s OTHER OPERATING EXPENSES
Beban tenaga kerja 3s,3v,31,39 (1,362,405) (1,193,141) Personnel expenses
Beban umum dan administrasi 32 (638,604) (610,693) General and administrative expenses
Pembentukan cadangan kerugian penurunan
nilai 3g,33 (1,898,117) (945,052) Provision for allowance for impairment losses
Beban operasional lainnya 34 (42,503) (65,658) Other operating expenses
(3,941,629) (2,814,544)
PENDAPATAN OPERASIONAL BERSIH 1,379,069) 2,280,452) NET OPERATING INCOME
Pendapatan non-operasional - bersih 35 825) 1,942) Non-operating income - net
LABA SEBELUM PAJAK PENGHASILAN 1,379,894) 2,282,394) INCOME BEFORE INCOME TAX
BEBAN PAJAK PENGHASILAN INCOME TAX EXPENSE
- Kini 3u,19b (411,468) (510,165) Current -
- Tangguhan 3u,19b 112,162) 7,351) Deferred -
(299,306) (502,814)
LABA BERSIH TAHUN BERJALAN 1,080,588) 1,779,580) NET INCOME FOR THE YEAR
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Lihat Catatan atas Laporan Keuangan Konsolidasian, yang See Notes to the Consolidated Financial Statements, which form an
merupakan bagian tidak terpisahkan dari laporan keuangan integral part of these consolidated financial statements.
konsolidasian.
4
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
LAPORAN LABA RUGI DAN PENGHASILAN CONSOLIDATED STATEMENTS OF PROFIT OR LOSS
KOMPREHENSIF LAIN KONSOLIDASIAN AND OTHER COMPREHENSIVE INCOME
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Catatan/ OPERATING INCOME
Notes 2023 2022
PENGHASILAN KOMPREHENSIF LAIN: OTHER COMPREHENSIVE INCOME:
Pos yang tidak akan direklasifikasi ke laba Items that would never be reclassified to
rugi profit or loss .
Pengukuran kembali liabilitas imbalan kerja Remeasurement of employee
karyawan 3t,38 (688) 5,891) benefits liabilities
Pajak penghasilan terkait 3u,19f 58) (1,296) Related income tax
(630) 4,595)
Items that will be reclassified to profit
Pos yang akan direklasifikasi ke laba rugi or loss
Keuntungan (kerugian) yang belum
direalisasi atas investasi pada surat Unrealized gains (losses) on investments in
berharga yang diklasifikasikan sebagai marketable securities classified as
diukur pada nilai wajar melalui measured at fair value through other
penghasilan komprehensif lain 9a 102) (32) comprehensive income
Pajak penghasilan terkait 3u,19f (22) 7) Related income tax
80) (25)
Penghasilan komprehensif lain tahun Other comprehensive income
berjalan, setelah pajak penghasilan (550) 4,570) for the year, net of income tax
JUMLAH LABA KOMPREHENSIF TAHUN
BERJALAN, SETELAH PAJAK TOTAL COMPREHENSIVE INCOME FOR
PENGHASILAN 1,080,038) 1,784,150) THE YEAR, NET OF INCOME TAX
LABA BERSIH YANG DIATRIBUSIKAN NET PROFIT ATTRIBUTABLE
KEPADA : TO :
Pemilik entitas induk 1,080,499) 1,779,543) Owners of the parent
Kepentingan non-pengendali 89) 37) Non-controlling interest
1,080,588) 1,779,580
JUMLAH LABA KOMPREHENSIF YANG TOTAL COMPREHENSIVE INCOME
DIATRIBUSIKAN KEPADA : ATTRIBUTABLE TO :
Pemilik entitas induk 1,079,949) 1,784,113) Owners of the parent
Kepentingan non-pengendali 89) 37) Non-controlling interest
1,080,038) 1,784,150)
LABA BERSIH PER SAHAM BASIC/DILUTED EARNINGS PER SHARE
DASAR/DILUSIAN (NILAI PENUH) 3x,37 140) 231) (FULL AMOUNT)
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Lihat Catatan atas Laporan Keuangan Konsolidasian, yang See Notes to the Consolidated Financial Statements, which form an
merupakan bagian tidak terpisahkan dari laporan keuangan integral part of these consolidated financial statements.
konsolidasian.
5
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Page 476
PT Bank BTPN Syariah Tbk | 2023 Annual Report
474
PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Keuntungan/ kerugian
yang belum direalisasi
atas investasi pada
surat berharga yang
diklasifikasikan
sebagai diukur pada
nilai wajar melalui
penghasilan
komprehensif lain/
Unrealized gains/
losses on investments
Modal saham Tambahan Cadangan in marketable Saldo laba Kepentingan
ditempatkan modal pembayaran Cadangan securities classified as yang Saldo laba yang Komponen non-
dan disetor disetor/ berbasis revaluasi measured at fair value dicadangkan/ belum Saham ekuitas pengendali/
penuh/Issued Additional saham/Share- aset/Asset through other Appropriated dicadangkan/ tresuri/ lainnya/ Non-
Catatan/ and fully paid paid-in based payment revaluation comprehensive retained Unappropriated Treasury Other equity controlling Jumlah ekuitas/
Notes capital capital reserve reserve income earnings retained earnings shares components interest Total equity
Saldo pada tanggal 31 Desember 2021 770,370) 846,440) 20,916) 5,239) 88) 85,000) 5,375,588) (8,941) -) 200) 7,094,900) Balance as of 31 December 2021
Pembayaran dividen dari laba bersih Payments of dividend from 2022
tahun 2022 27 -) -) -) -) -) -) (475,626) -) -) -) (475,626) net income
Pembentukan cadangan wajib 26 -) -) -) -) -) 20,000) (20,000) -) -) -) -) Appropriation for legal reserve
Laba bersih tahun berjalan -) -) -) -) -) -) 1,779,543) -) -) 37) 1,779,580) Net profit for the year
Penghasilan komprehensif lain: Other comprehensive income:
Penilaian kembali liabilitas imbalan Remeasurement of employee
kerja karyawan 3t,38 -) -) -) -) -) -) 5,891) -) -) -) 5,891) benefits liabilities
Investasi pada surat berharga yang Investments in marketable
diklasifikasikan sebagai diukur securities classified as
pada nilai wajar melalui measured at fair value through
penghasilan komprehensif lain 3e,9a -) -) -) -) (32) -) -) -) -) -) (32)) other comprehensive income
Pajak penghasilan terkait 3u,19f -) -) -) -) 7) -) (1,296) -) -) -) (1,289) Related income tax
Reklasifikasi ke komponen ekuitas Reclassification to other equity
lainnya -) -) (20,916) -) -) -) -) -) 20,916 -) -) components
Pembayaran kompensasi dari Payments of compensation from
saham tresuri 3ab -) -) -) -) -) -) -) 1,768) -) -) 1,768) treasury shares
Pembayaran modal Entitas Anak 3a -) -) -) -) -) -) -) -) -) 2,803) 2,803) Payment of Subsidiary’s capital
Saldo pada tanggal 31 Desember 2022 770,370) 846,440) - 5,239) 63)) 105,000) 6,664,100)) (7,173) 20,916) 3,040) 8,407,995)) Balance as of 31 December 2022
Pembayaran dividen dari laba bersih Payments of dividend from 2022
tahun 2022 27 -) -) -) -) -) -) (712,535) -) -) -) (712,535) net income
Pembentukan cadangan wajib 26 -) -) -) -) -) 20,000) (20,000) -) -) -) -) Appropriation for legal reserve
Laba bersih tahun berjalan -) -) -) -) -) -) 1,080,499) -) -) 89) 1,080,588) Net profit for the year
Penghasilan komprehensif lain: Other comprehensive income:
Penilaian kembali liabilitas imbalan Remeasurement of employee
kerja karyawan 3t,38 -) -) -) -) -) -) (688) -) -) -) (688) benefits liabilities
Investasi pada surat berharga yang Investments in marketable
diklasifikasikan sebagai diukur securities classified as
pada nilai wajar melalui measured at fair value through
penghasilan komprehensif lain 3e,9a -) -) -) -) 102) -) -) -) -) -) 102) other comprehensive income
Pajak penghasilan terkait 3u,19f -) -) -) -) (22) -) 58) -) -) -) 36) Related income tax
Pembayaran kompensasi dari saham Payments of compensation from
tresuri 3ab -) -) -) -) -) -) -) 1,635) -) -)) 1,635) treasury shares
Saldo pada tanggal 31 Desember 2023 770,370) 846,440) -) 5,239) 143) 125,000) 7,011,434) (5,538) 20,916) 3,129) 8,777,133) Balance as of 31 December 2023
Lihat Catatan atas Laporan Keuangan Konsolidasian, yang merupakan bagian tidak terpisahkan dari laporan See Notes to the Consolidated Financial Statements, which form an integral part of these
keuangan konsolidasian. consolidated financial statements.
6
Page 477
PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
LAPORAN ARUS KAS KONSOLIDASIAN CONSOLIDATED STATEMENTS OF CASH FLOWS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Catatan/
Notes 2023 2022
ARUS KAS DARI AKTIVITAS OPERASI CASH FLOWS FROM OPERATING ACTIVITIES
Penerimaan pendapatan dari pengelolaan dana 5,709,497) 5,335,597) Receipts of income from fund management
Pembayaran bagi hasil dana syirkah temporer (483,478) (339,631) Payments of profit sharing for temporary syirkah funds
Penerimaan pendapatan administrasi 4,990) 10,460) Receipts of administrative income
Penerimaan dari piutang murabahah yang Receipts from recovery of written-off
dihapusbukukan 104,244) 126,190) murabahah receivables
Pembayaran beban tenaga kerja (1,318,775) (1,175,598) Payments of personnel expenses
Pembayaran beban usaha lainnya (2,001,983) (1,410,309) Payments of other operating expenses
Pembayaran terkait pendapatan (beban) non- Payments related with non-operating income
operasional - bersih (2,018) (1,389) (expenses) - net
Pembayaran pajak penghasilan badan (420,516) (510,301) Payments of corporate income tax
Arus kas sebelum perubahan dalam aset dan Cash flows before changes in operating assets
liabilitas operasi 1,591,961) 2,035,019) and liabilities
Perubahan dalam aset operasi, liabilitas operasi Changes in operating assets, operating
dan dana syirkah temporer: liabilities and temporary syirkah funds:
Penurunan (kenaikan) aset operasi: Decrease (increase) in operating assets:
Penempatan pada Bank Indonesia dan Placements with Bank Indonesia and other
bank-bank lain -)) 150,000) banks
Piutang murabahah 96,010) (1,030,581) Murabahah receivables
Pembiayaan musyarakah 40,606) (50,003) Musyarakah financing
Pinjaman qardh 2,986) (3,410) Funds of qardh
Aset lain-lain (25,560) (78,360) Other assets
Kenaikan (penurunan) liabilitas operasi: Increase (decrease) in operating liabilities:
Liabilitas segera (9,083) 15,206) Liabilities due immediately
Simpanan nasabah 16,729) 137,711) Deposits from customers
Liabilitas lain-lain (12,098) (9,683) Other liabilities
Hak minoritas -)) 2,802) Minority rights
Kenaikan dana syirkah temporer 77,559) 937,358) Increase in temporary syirkah funds
Arus kas bersih diperoleh dari aktivitas Net cash flows provided from operating
operasi 1,779,110) 2,106,059) activities
ARUS KAS DARI AKTIVITAS INVESTASI CASH FLOWS FROM INVESTING ACTIVITIES
Hasil penjualan aset tetap 13 2,394) 3,346) Proceeds from sale of fixed assets
Pembelian aset tetap (110,068) (95,635) Purchase of fixed assets
Pembelian aset takberwujud 14 (100,053) (82,445) Purchase of intangible assets
Pembelian surat berharga (10,616,855) (7,217,523) Purchase of marketable securities
Penjualan surat berharga 9,974,731) 6,539,617) Sale of marketable securities
Arus kas bersih digunakan untuk aktivitas
investasi (849,851) (852,640) Net cash flows used in investing activities
ARUS KAS DARI AKTIVITAS PENDANAAN CASH FLOWS FROM FINANCING ACTIVITIES
Penerimaan dari pinjaman yang diterima -) 100,000) Proceeds from borrowings
Pembayaran dari pinjaman yang diterima (100,000) -) Payments from borrowings
Pembayaran dividen (681,151) (451,453) Payments of dividend
Pembayaran pajak dividen (31,384) (24,173) Payments of tax on dividend
Arus kas bersih digunakan untuk aktivitas
pendanaan (812,535) (375,626) Net cash flows used in financing activities
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Lihat Catatan atas Laporan Keuangan Konsolidasian, yang See Notes to the Consolidated Financial Statements, which form an
merupakan bagian tidak terpisahkan dari laporan keuangan integral part of consolidated these financial statements.
konsolidasian.
7
475
Page 478
PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
LAPORAN ARUS KAS KONSOLIDASIAN CONSOLIDATED STATEMENTS OF CASH FLOWS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Catatan/
Notes 2023 2022
NET INCREASE IN CASH AND
KENAIKAN BERSIH KAS DAN SETARA KAS 116,724) 877,793) CASH EQUIVALENTS
CASH AND CASH EQUIVALENTS AT
KAS DAN SETARA KAS PADA AWAL TAHUN 4,143,991) 3,266,198) BEGINNING OF THE YEAR
CASH AND CASH EQUIVALENTS AT
KAS DAN SETARA KAS PADA AKHIR TAHUN 4,260,715) 4,143,991) END OF THE YEAR
Kas dan setara kas terdiri dari: Cash and cash equivalents consist of:
Kas 5 497,153) 729,843) Cash
Giro pada Bank Indonesia 6 663,443) 694,427) )Current accounts with Bank Indonesia
Giro pada bank-bank lain 7 7,119) 11,337) Current accounts with other banks
Penempatan pada Bank Indonesia 6 100,000) 37,000) Placements with Bank Indonesia
Penempatan pada bank-bank lain 8 238,000) 230,500) Placements with other banks
Investasi pada surat berharga 9h 2,755,000) 2,440,884) Investments in marketable securities
4,260,715) 4,143,991)
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Lihat Catatan atas Laporan Keuangan Konsolidasian, yang See Notes to the Consolidated Financial Statements, which form an
merupakan bagian tidak terpisahkan dari laporan keuangan integral part of these consolidated financial statements.
konsolidasian.
8
476
Page 479
PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
LAPORAN REKONSILIASI PENDAPATAN CONSOLIDATED STATEMENTS OF RECONCILIATION OF
DAN BAGI HASIL KONSOLIDASIAN INCOME AND REVENUE SHARING
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Catatan/
Notes 2023 2022
Pendapatan pengelolaan dana oleh Bank Income from fund management by the Bank
sebagai mudharib as mudharib
Income from sales and purchases -
Pendapatan dari jual beli - marjin murabahah 3q 5,299,422) 5,048,219) murabahah margin
Pendapatan dari piutang lainnya 182) 120) Income from other receivables
Pendapatan dari bagi hasil - pembiayaan Revenue from profit sharing - musyarakah
musyarakah 3q 4,727) 3,289) financing
Pendapatan usaha utama lainnya 28 441,851) 322,162) Other main operating income
5,746,182) 5,373,790)
Pengurang Deductions
Pendapatan tahun berjalan yang kas dan setara Current period income in which the cash and
kasnya belum diterima: cash equivalents were not received:
Income from sales and purchases -
Pendapatan dari jual beli - marjin murabahah (164,890) (138,773) murabahah margin
Pendapatan keuntungan piutang lainnya -) (3) Income from profit other receivables
Pendapatan usaha utama lainnya (75,512) (64,941) Other main operating income
(240,402) (203,717)
Penambah Additions
Pendapatan tahun sebelumnya yang kasnya Prior period income in which the cash were
diterima pada tahun berjalan: received in the current year:
Penerimaan pelunasan piutang marjin Receipts from settlement of murabahah
murabahah 138,773) 108,239) margin receivables
Pendapatan keuntungan piutang lainnya 3) -) Income from profit other receivables
Pendapatan usaha utama lainnya 64,941) 57,286) Other main operating income
203,717) 165,525)
Pendapatan yang tersedia untuk bagi hasil 5,709,497) 5,335,598) Available income for revenue sharing
Bagi hasil yang menjadi hak Bank 5,223,064) 4,991,158) Bank’s share on revenue sharing
Bagi hasil yang menjadi hak pemilik dana 3r,29 486,433) 344,440) Fund owners’ share on revenue sharing
Perincian: Details of:
Hak pemilik dana atas bagi hasil yang sudah Fund owners’ share on distributed revenue
didistribusikan 464,482) 325,444) sharing
Hak pemilik dana atas bagi hasil yang belum Fund owners’ share on undistributed revenue
didistribusikan 3r,17 21,951) 18,996) sharing
486,433) 344,440)
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Lihat Catatan atas Laporan Keuangan Konsolidasian, yang See Notes to the Consolidated Financial Statements, which form an
merupakan bagian tidak terpisahkan dari laporan keuangan integral part of these consolidated financial statements.
konsolidasian.
9
477
Page 480
PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
LAPORAN SUMBER DAN CONSOLIDATED STATEMENTS OF
PENYALURAN DANA ZAKAT KONSOLIDASIAN SOURCES AND DISTRIBUTION OF ZAKAT FUNDS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Catatan/
Notes 2023 2022
Saldo awal dana zakat 2e -) -) Beginning balance of zakat funds
Sumber dana zakat Sources of zakat funds
Zakat dari bank -) -) Zakat from banks
Zakat dari pihak luar bank -) -) Zakat from non-bank parties
-) -)
Penyaluran dana zakat -) -) Distribution of zakat funds
Kenaikan dana zakat -) -) Increase in zakat funds
Saldo akhir dana zakat -) -) Ending balance of zakat funds
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Lihat Catatan atas Laporan Keuangan Konsolidasian, yang See Notes to the Consolidated Financial Statements, which form an
merupakan bagian tidak terpisahkan dari laporan keuangan integral part of these consolidated financial statements.
konsolidasian.
10
478
Page 481
PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
LAPORAN SUMBER DAN PENGGUNAAN DANA CONSOLIDATED STATEMENTS OF SOURCES
KEBAJIKAN KONSOLIDASIAN AND USES OF QARDHUL HASAN FUNDS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Catatan/
Notes 2023 2022
Saldo awal dana kebajikan 2e 2,404) 137) Beginning balance of qardhul hasan funds
Sumber dana kebajikan Sources of qardhul hasan funds
Sumbangan/Hibah -) -) Donation/Grant
Pendapatan non-halal 1,323) 2,569) Non-halal income
Denda 52) 113) Penalty
Jumlah 1,375) 2,682) Total
Penggunaan dana kebajikan (370) (415) Use of qardhul hasan funds
Penurunan sumber dana kebajikan 1,005) 2,267) Decrease in qardhul hasan funds
Saldo akhir dana kebajikan 3,409) 2,404) Ending balance of qardhul hasan funds
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Lihat Catatan atas Laporan Keuangan Konsolidasian, yang See Notes to the Consolidated Financial Statements, which form an
merupakan bagian tidak terpisahkan dari laporan keuangan integral part of these consolidated financial statements.
konsolidasian.
11
479
Page 482
PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
1. INFORMASI UMUM 1. GENERAL INFORMATION
a. Pendirian Bank dan informasi umum a. The Bank’s establishment and general
information
PT BANK BTPN SYARIAH Tbk (“Bank”) PT BANK BTPN SYARIAH Tbk (“Bank”) was
awalnya didirikan dengan nama PT Bank Purba initially established under the name of PT Bank
Danarta berdasarkan Akta Pendirian No. 10 Purba Danarta based on Notarial Deed No. 10
tanggal 7 Maret 1991, yang kemudian diubah dated 7 March 1991 which was amendmend by
dengan Akta Perubahan Anggaran Dasar the Notarial Deed on Amendment to the Article of
No. 39 tanggal 25 Mei 1992, dan Akta Association No. 39 dated 25 May 1992, and
Perubahan No. 25 tanggal 11 Juli 1992, yang Notarial Deed No. 25 dated 11 July 1992 which
ketiganya dibuat di hadapan Haji Abu Jusuf, all of the Notarial Deeds were made before Haji
S.H., notaris di Jakarta dan telah mendapat Abu Jusuf, S.H., notary in Jakarta and had been
pengesahan dari Menteri Kehakiman Republik approved by the Minister of Justice of the
Indonesia, sebagaimana telah mengalami Republic of Indonesia whose name was
beberapa perubahan dan untuk selanjutnya amended several times and became the Minister
disebut sebagai Menteri Hukum dan Hak Asasi of Law and Human Rights in its
Manusia Republik Indonesia dalam Surat decree No. C2.5839.HT.01.01-TH.92 dated
Keputusan No. C2.58310 HT.01.01-TH.92 21 July 1992 and had been registered in the court
tanggal 21 Juli 1992, yang telah didaftarkan registry office in Semarang on 30 July 1992,
dalam register umum yang berada di Kantor No. 206A/1992/II and had been published in
Kepaniteraan Pengadilan Negeri Semarang State Gazette of the Republic of Indonesia
pada tanggal 30 Juli 1992 di bawah No. 81 dated 9 October 1992, Supplement to
No. 206A/1992/II, serta telah diumumkan No. 5020 with license to perform business
dalam Berita Negara Republik Indonesia No. 81 activities as a Commercial Bank under the
tanggal 9 Oktober 1992, Tambahan No. 5020 Decision Letter of Minister of Finance Republic of
dengan ijin usaha untuk melakukan kegiatan Indonesia No. 1060/KMK.017/1992 dated
usaha sebagai Bank Umum yang diperoleh 14 October 1992.
berdasarkan Surat Keputusan Menteri
Keuangan No. 1060/ KMK.017/1992 tanggal
14 Oktober 1992.
Kantor pusat Bank berlokasi di Menara BTPN - The Bank’s head office is located at Menara
CBD Mega Kuningan, Lantai 12 Jalan Dr. Ide BTPN - CBD Mega Kuningan, 12th floor Jalan
Anak Agung Gde Agung Kav 5.5 - 5.6, Dr. Ide Anak Agung Gde Agung Kav 5.5 - 5.6,
Kuningan, Jakarta Selatan 12950. Kuningan, Jakarta Selatan 12950
b. Akuisisi oleh BTPN b. Acquisition by BTPN
Pada tanggal 19 Juli 2013, Bank Indonesia On 19 July 2013, Bank Indonesia (“BI”) approved
(”BI”) menyetujui rencana PT BANK BTPN Tbk the plan of PT BANK BTPN Tbk (formerly
(dahulu PT Bank Tabungan Pensiunan PT Bank Tabungan Pensiunan Nasional Tbk)
Nasional Tbk) (”BTPN”) untuk melakukan (“BTPN”) to acquire 70% (seventy percent)
akuisisi sebesar 70% (tujuh puluh persen) shares of PT Bank Sahabat Purba
saham PT Bank Sahabat Purba Danarta (“BSPD”) through its letter
Danarta (”BSPD”) melalui suratnya No. 15/10/DPB1/PB1-5/Rahasia which subject to
No. 15/10/DPB1/PB1-5/Rahasia dengan syarat the change of BSPD’s business activities from a
dilakukan perubahan atas kegiatan usaha dari conventional bank into a commercial bank under
BSPD yang semula merupakan bank sharia principles.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
konvensional menjadi bank umum berdasarkan
prinsip syariah.
Pada tanggal 4 Februari 2014, BTPN On 4 February 2014, BTPN paid the total
melakukan pembayaran terkait akuisisi sebesar consideration of the acquisition amounting to
Rp 600.000 yang terdiri dari modal dasar dan Rp 600,000 in the form of authorised capital and
agio saham masing-masing sebesar paid in capital amounting to Rp 373,333 and
Rp 373.333 dan Rp 226.667. Rp 226,667, respectively.
12
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
b. Akuisisi oleh BTPN (lanjutan) b. Acquisition by BTPN (continued)
BTPN adalah pemegang saham pengendali dan BTPN is the controlling shareholder and
Sumitomo Mitsui Financial Group (melalui Sumitomo Mitsui Financial Group (through
Sumitomo Mitsui Banking Corporation) adalah Sumitomo Mitsui Banking Corporation) is the
pemegang saham pengendali terakhir Bank. ultimate controlling shareholder of the Bank.
c. Pemisahan Unit Usaha Syariah c. Spin-off of Sharia Business Unit
Pada tanggal 20 Januari 2014, Rapat Umum On 20 January 2014, the Extraordinary General
Pemegang Saham Luar Biasa yang diaktakan Meeting of Shareholders which was notarised
dengan Akta Notaris No. 8 tanggal 4 Juli 2014 by Notarial Deed No. 8 dated 4 July 2014 before
di hadapan Hadijah, S.H., M.Kn., notaris di Hadijah, S.H., M.Kn., notary in Jakarta
Jakarta menyetujui pemisahan Unit Usaha approved the spin-off of the sharia business unit
Syariah PT Bank Tabungan Pensiunan of PT Bank Tabungan Pensiunan Nasional Tbk
Nasional Tbk (“UUS BTPN”) dari PT Bank ("UUS BTPN") from PT Bank Tabungan
Tabungan Pensiunan Nasional Tbk (“BTPN”). Pensiunan Nasional Tbk ("BTPN").The spin-off
Pemisahan dilakukan dengan mengacu kepada was made with reference to Bank Indonesia
Peraturan Bank Indonesia No. 11/10/PBI/2009 Regulation No.11/10/PBI/2009 which has been
yang telah diubah dengan PBI amended by PBI No. 15/14/PBI/2013 regarding
No. 15/14/PBI/2013 tentang Unit Usaha Sharia Business Unit. The establishment has
Syariah. Pendirian tersebut telah disetujui oleh been approved by Bank Indonesia in two
Bank Indonesia melalui dua tahap, yaitu stages, the approval of the conversion permit
persetujuan izin konversi dan izin pemisahan. and spin-off permit.
Pada tanggal 22 Mei 2014, Bank telah On 22 May 2014, the Bank received its permit
mendapatkan izin dari Bank Indonesia untuk from Bank Indonesia regarding conversion of
melaksanakan konversi BSPD berdasarkan BSPD based on the Decision Letter of Board of
Surat Keputusan Dewan Komisioner Otoritas Commissioner of Otoritas Jasa Keuangan
Jasa Keuangan (“OJK”) No.Kep-49/D-03/2014. (“OJK”) No.Kep-49/D-03/2014. The permit
Izin tersebut mengubah kegiatan usaha Bank changed the Bank’s business activities from
dari bank umum konvensional menjadi bank conventional commercial bank to commercial
umum yang melaksanakan kegiatan usaha bank which conduct business activities based
berdasarkan prinsip syariah. on sharia principles.
Pada tanggal 23 Juni 2014, Bank memperoleh On 23 June 2014, the Bank received its spin-off
izin pemisahan dari OJK berdasarkan Surat permit from OJK based on the Letter
No: S-17/PB.1/2014. Pemisahan UUS BTPN No: S-17/PB.1/2014. The spin-off of UUS BTPN
dilakukan dengan Akta Pemisahan No. 8 was made under Spin-off Deed No. 8 dated
tanggal 4 Juli 2014 yang dibuat di hadapan 4 July 2014 and was notarised by Hadijah, S.H.,
Hadijah, S.H., M.Kn., notaris di Jakarta. M.Kn., notary in Jakarta. Furthermore, the spin-
Selanjutnya, pemisahan terjadi secara efektif off became effective on 14 July 2014 and
pada tanggal 14 Juli 2014 dan pertama kalinya started its operational activity based on sharia
Bank memulai kegiatan usaha berdasarkan principles, as reported to Bank Indonesia (“BI”)
prinsip syariah, sebagaimana yang dilaporkan through its letter No. S.031/DIR/LG/VII/2014
kepada Bank Indonesia (“BI”) dengan surat dated 17 July 2014 regarding the Report on the
No. S.031/DIR/LG/VII/2014 tanggal 17 Juli 2014 Implementation of the Opening of Sharia
PT Bank BTPN Syariah Tbk | 2023 Annual Report
perihal Laporan Pelaksanaan Pembukaan Bank Commercial Bank Resulting from the Spin-Off.
Umum Syariah Hasil Pemisahan.
13
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
d. Penawaran Umum Perdana Saham d. Initial Public Offering
Berdasarkan Rapat Umum Pemegang Saham Based on the Bank’s Circular Resolution of the
Luar Biasa (RUPSLB) Bank yang dilakukan Shareholders in lieu of the Extraordinary General
melalui Keputusan Sirkuler Resolusi Meeting of Shareholders (RUPSLB) dated
Pemegang Saham pada tanggal 16 November 2017, the shareholders approved
16 November 2017, para pemegang saham the Initial Public Offering of Ordinary Shares plan
menyetujui rencana Penawaran Umum to public through capital market and listing of the
Perdana Saham Biasa kepada masyarakat Bank’s shares at the Indonesia Stock Exchange.
melalui pasar modal serta melakukan On 25 April 2018, the Bank obtained the effective
pencatatan saham Bank di Bursa Efek notification from the OJK through its letter
Indonesia. Pada tanggal 25 April 2018, Bank No. S-36/D-04/2018 for the initial public offering.
memperoleh pernyataan efektif dari OJK
dengan surat No. S-36/D-04/2018 untuk
penawaran umum perdana saham tersebut.
Bank melakukan penawaran umum perdana The Bank undertook an initial public offering of
atas 770.370.000 saham dengan nilai nominal 770,370,000 shares with a nominal value of
sebesar Rp 100 (nilai penuh) setiap saham Rp 100 (full amount) per share with offering price
dengan harga penawaran setiap saham of Rp 975 (full amount) per share to the public in
sebesar Rp 975 (nilai penuh) kepada Indonesia. The shares were listed at the
masyarakat di Indonesia. Saham tersebut Indonesia Stock Exchange on 8 May 2018. The
dicatat di Bursa Efek Indonesia pada tanggal funds received by the Bank from the initial public
8 Mei 2018. Dana yang diterima oleh Bank offering amounting to Rp 735,020 (net of
atas penawaran umum perdana adalah issuance costs and tax).
sebesar Rp 735.020 (setelah biaya emisi dan
pajak).
e. Perubahan nama Bank e. The Bank’s name changes
PT Bank Purba Danarta melakukan PT Bank Purba Danarta changed its name to
perubahan nama menjadi PT Bank Sahabat PT Bank Sahabat Purba Danarta (“BSPD”) in
Purba Danarta (“BSPD”) pada tahun 2009 dan 2009 and to PT Bank Tabungan Pensiunan
berganti nama menjadi PT Bank Tabungan Nasional Syariah under the Amendmend to the
Pensiunan Nasional Syariah, sebagaimana Articles of Association No. 25 dated
didasarkan pada Akta Perubahan Terhadap 27 August 2013 before Hadijah, S.H., notary in
Anggaran Dasar No. 25 tanggal Jakarta and was approved by Minister of Law
27 Agustus 2013 yang dibuat di hadapan and Human Rights of the Republic of Indonesia
Hadijah, S.H., M.Kn., notaris di Jakarta dan by its Decision Letter No. AHU-50529.AH.01.02.
telah mendapat persetujuan dari Menteri Year 2013 dated 1 October 2013 and has been
Hukum dan Hak Asasi Manusia Republik published in the State Gazette of the Republic of
Indonesia dalam Surat Keputusan No. AHU- Indonesia No 94 Year 2013, Supplement to the
50529.AH.01.02. Tahun 2013 tanggal State Gazette of the Republic of Indonesia
1 Oktober 2013 dan telah diumumkan dalam No.124084 dated 22 November 2013.
Berita Negara Republik Indonesia Nomor 94
Tahun 2013, tambahan Berita Negara
Republik Indonesia No. 124084 tanggal
22 November 2013.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Bank mengubah namanya menjadi PT BANK The Bank changed its name to PT BANK BTPN
BTPN SYARIAH Tbk sebagaimana SYARIAH Tbk pursuant to the Notarial Deed
didasarkan pada Akta No. 26 tanggal No. 26 dated 16 April 2020, Ashoya Ratam, S.H.,
16 April 2020, yang dibuat di hadapan Ashoya MKn, notary in Jakarta, and was approved by
Ratam, S.H., M.Kn., notaris di Jakarta, dan Minister of Law and Human Rights of the
telah mendapat persetujuan dari Menteri Republic of Indonesia through its Decision Letter
Hukum dan Hak Asasi Manusia Republik No. AHU- 0034666.AH.01.02.Year 2020 dated
Indonesia dalam Surat Keputusan 8 May 2020.
No. AHU- 0034666.AH.01.02.Tahun 2020
tanggal 8 Mei 2020.
14
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
e. Perubahan nama Bank (lanjutan) e. The Bank’s name changes (continued)
Bank telah mendapatkan persetujuan OJK The Bank has obtained OJK approval through its
melalui surat nomor S-66/PB.101/2020 tanggal letter number S-66/PB.101/2020 dated
4 Juni 2020 dan Salinan Keputusan Deputi 4 June 2020 and the Copy of Approval of Deputi
Komisioner Pengawas Perbankan I OJK Nomor Komisioner Pengawas Perbankan I OJK Number
KEP-99/PB.1/2020 tanggal 4 Juni 2020 perihal KEP-99/PB.1/2020 dated 4 June 2020 regarding
Permohonan Penetapan Penggunaan Izin business license approval request due to change
Usaha karena perubahan nama PT Bank of name from PT Bank Tabungan Pensiunan
Tabungan Pensiunan Nasional Syariah Tbk Nasional Syariah Tbk into PT BANK BTPN
menjadi PT BANK BTPN SYARIAH Tbk. SYARIAH Tbk.
f. Anggaran Dasar f. Articles of Association
Setelah menjadi Bank Umum Syariah, Bank The Bank’s Articles of Association have been
telah melakukan beberapa kali perubahan amended several times since the Bank became
Anggaran Dasar. Perubahan terakhir Sharia Commercial Bank. The latest
Anggaran Dasar Perseroan sebagaimana amendement of the Articles of Association of the
tercantum dalam Akta No. 35 tanggal Bank was stated in deed No. 35 dated
21 April 2021, yang dibuat di hadapan Ashoya 21 April 2021, which was notarised by Ashoya
Ratam, S.H., M.Kn., notaris di Jakarta, Ratam, S.H., M.Kn., notary in Jakarta,
penyesuaian dengan POJK No. adjustment to Financial Service Authority
14/POJK.04/2019, POJK No. 15/POJK.04/2020 Regulation No. 14/POJK.04/2019, No.
dan POJK No. 16/POJK.04/2020. Akta tersebut 15/POJK.04/2020 and No. 16/POJK.04/2020.
telah memperoleh persetujuan Menteri Hukum The deed was approved by Minister of Law and
dan Hak Asasi Manusia Republik Human Rights of the Republic of Indonesia
Indonesia berdasarkan Surat Penerimaan through its Letter of Acceptance of the
Pemberitahuan Perubahan Anggaran Dasar amendment to Articles of Association No. AHU-
No. AHU-AH.01.03-0309443 tanggal AH.01.03-0309443 dated 17 May 2021.
17 Mei 2021.
g. Tujuan dan kegiatan usaha g. Objectives and scope of activities
Sesuai dengan pasal 3 Anggaran Dasar Bank, In accordance with article 3 of the Bank’s Articles
tujuan dan kegiatan usaha Bank adalah of Association, the Bank’s objectives and scope
melakukan kegiatan di bidang perbankan of activities are to engage in banking industry
berdasarkan prinsip syariah. based on sharia principles.
h. Dewan Komisaris, Direksi, Dewan Pengawas h. Board of Commissioners, Board of Directors,
Syariah, Komite Audit, Sekretaris Sharia Supervisory Board, Audit Committee,
Perusahaan, Satuan Kerja Audit Internal dan Corporate Secretary, Internal Audit Unit and
Karyawan Employees
Susunan Dewan Komisaris dan Direksi Bank The composition of the Bank’s Board of
pada tanggal 31 Desember 2023 dan 2022 Commissioners and Board of Directors as of
adalah sebagai berikut: 31 December 2023 and 2022 was as follows:
31 Desember 2023 31 Desember 2022
Dewan Komisaris Board of Commissioners
Komisaris Utama/ President Commissioner/
Independen Kemal Azis Stamboel Kemal Azis Stamboel Independent
Komisaris Independen Mulya Effendi Siregar* - Independent Commissioner
Komisaris Independen Dewie Pelitawati Dewie Pelitawati Independent Commissioner
Komisaris Ongki Wanadjati Dana Ongki Wanadjati Dana Commissioner
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Komisaris - Yenny Lim*** Commissioner
Direksi Board of Directors
Direktur Utama Hadi Wibowo Hadi Wibowo President Director
Direktur Kepatuhan Arief Ismail Arief Ismail Compliance Director
Direktur Dewi Nuzulianti** Gatot Adhi Prasetyo*** Director
Direktur Fachmy Achmad Fachmy Achmad Director
Direktur Dwiyono Bayu Winantio Dwiyono Bayu Winantio Director
*) Efektif tanggal 17 April 2023 Effective as of 17 April 2023 *)
**) Efektif tanggal 12 April 2023 Effective as of 12 April 2023 **)
***) Tidak lagi menjabat sejak 12 April 2023 No longer serving as of 12 April 2023 ***)
15
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
h. Dewan Komisaris, Direksi, Dewan Pengawas h. Board of Commissioners, Board of Directors,
Syariah, Komite Audit, Sekretaris Sharia Supervisory Board, Audit Committee,
Perusahaan, Satuan Kerja Audit Internal dan Corporate Secretary, Internal Audit Unit and
Karyawan (lanjutan) Employees (continued)
Perubahan susunan Dewan Komisaris dan The change in composition of the Board of
Direksi telah disetujui oleh OJK. Commissioners and Board of Directors has been
approved by OJK.
Susunan Dewan Pengawas Syariah Bank pada The composition of the Bank’s Sharia
tanggal 31 Desember 2023 dan 2022 adalah Supervisory Board as of 31 December 2023 and
sebagai berikut: 2022 was as follows:
31 Desember 2023 31 Desember 2022
Dewan Pengawas Syariah Sharia Supervisory Board
Ketua H. Ikhwan Abidin, MA H. Ikhwan Abidin, MA Chairman
Anggota H. Muhamad Faiz, MA H. Muhamad Faiz, MA Member
Susunan Komite Audit Bank yang ditetapkan The composition of the Bank’s Audit Committee
oleh Dewan Komisaris pada tanggal as designated by the Board of Commissioners as
31 Desember 2023 dan 2022 adalah sebagai of 31 December 2023 and 2022 was as follows:
berikut:
31 Desember 2023 31 Desember 2022
Komite Audit Audit Committees
Ketua Mulya Effendi Siregar** Kemal Azis Stamboel* Chairman
Anggota - Dewie Pelitawati* Member
Anggota Tika Arundina Tika Arundina Member
Anggota Rena Mutia Andriani Rena Mutia Andriani Member
*) Tidak lagi menjabat sebagai Komite Audit sejak 18 Juli 2023 No longer serving as Audit Committees of 18 July 2023 *)
**) Efektif menjabat sebagai Komite Audit sejak 18 Juli 2023 Effective as Audit Committees of 18 July 2023 **)
Pada tanggal 31 Desember 2023 dan 2022, As of 31 December 2023 and 2022, the Bank’s
Sekretaris Perusahaan Bank adalah Arief corporate secretary was Arief Ismail.
Ismail.
Efektif sejak tanggal 1 Juni 2017 berdasarkan Effective since 1 June 2017 in accordance with the
Surat Keputusan Sirkuler Direksi Circular Decision Letter of the Bank’s Board
No.006/CIR/DIR/V/2017 tanggal 18 Mei 2017, of Directors No.006/CIR/DIR/V/2017 dated
Kepala Satuan Kerja Audit Internal pada 18 May 2017, the Head of Internal Audit as of
31 Desember 2023 dan 2022 adalah Gatot 31 December 2023 and 2022 was Gatot Prasetyo.
Prasetyo.
Jumlah karyawan Bank pada tanggal As of 31 December 2023 and 2022, the Bank had
31 Desember 2023 dan 2022, masing-masing 14,297 and 12,768 permanent employees
adalah 14.297 orang dan 12.768 orang (tidak (unaudited), respectively.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
diaudit).
i. Efektif tanggal 31 Desember 2012, fungsi, i. Effective 31 December 2012, its regulatory and
tugas, dan wewenangnya dalam pengaturan supervisory functions, duties, and authority in the
dan pengawasan di sektor pasar modal beralih capital market sector were moved from Bapepam-
dari Bapepam-LK di Kementerian Keuangan ke LK of the Ministry of Finance to the Capital Market
Bagian Pengawas Pasar Modal di OJK. Efektif Supervisory Department of OJK. Effective
tanggal 31 Desember 2013, fungsi, tugas, dan 31 December 2013, its regulatory and supervisory
wewenangnya dalam pengaturan dan functions, duties, and authority in the banking
pengawasan di sektor perbankan beralih dari sector were moved from Bank Indonesia to OJK.
Bank Indonesia ke OJK.
16
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
j. Entitas Anak j. Subsidiary
Bank mempunyai kepemilikan langsung pada The Bank has direct ownership in the following
Entitas Anak sebagai berikut: Subsidiary:
Persentase kepemilikan/ Jumlah aset/
Bidang usaha/ Percentage of ownership Total assets
Entitas anak/ Domisili/ Business 31 Desember/ 31 Desember/ 31 Desember/ 31 Desember/
Subsidiary Domicile activities December 2023 December 2022 December 2023 December 2022
Modal Ventura/
PT BTPN SYARIAH VENTURA Jakarta Venture Capital 99% 99% 320,596 313,497
Entitas Anak berkantor pusat di Jl. Radio The head office of Subsidiary is located at Jl. Radio
Dalam No. 100, Kebayoran Baru, Jakarta Dalam No. 100, Kebayoran Baru, Jakarta Selatan
Selatan 12140. 12140.
Berdasarkan Akta Pendirian No. 36 tanggal Based on Establishment Deed No. 36 dated
21 Oktober 2021 yang dibuat di hadapan 21 October 2021 before Ashoya Ratam, S.H.,
Ashoya Ratam, S.H., M.Kn., notaris di Jakarta, M.Kn., notary in Jakarta, the Bank has established
Bank telah mendirikan Entitas Anak dan the Subsidiary and has become the majority
menjadi pemegang saham mayoritas. Hal ini shareholder. It was acknowledged by the Ministry
telah diketahui oleh Kementerian Hukum dan of Law and Human Rights of the Republic of
Hak Asasi Manusia Republik Indonesia melalui Indonesia through its letter No. AHU-0066702.
surat No. AHU-0066702.AH.01.01 tertanggal AH.01.01 dated 22 October 2021.
22 Oktober 2021.
Susunan Pemegang Saham terakhir Entitas The latest composition of the Shareholders of the
Anak adalah sebagaimana dituangkan ke Subsidiary is as specified in the Deed No. 10 dated
dalam Akta No. 10 tanggal 10 Maret 2022 yang 10 March 2022 made by Ashoya Ratam, S.H.,
dibuat oleh Ashoya Ratam, S.H., M.Kn., notaris M.Kn., notary in Jakarta and has been received
di Jakarta dan telah diterima dan dicatat di and recorded in Legal Entity Administration
dalam Sistem Administrasi Badan Hukum System through Decree Letter of Ministry of Law
melalui Surat Keputusan Menteri Hukum dan and Human Rights of the Republic of Indonesia
Hak Asasi Manusia Republik Indonesia Number No. AHU-AH.01.03-0158924 dated
No. AHU-AH.01.03-0158924 tanggal 10 March 2022.
10 Maret 2022.
Sedangkan Susunan Dewan Komisaris, Direksi Whereas the latest composition of the Board of
dan Dewan Pengawas Syariah Entitas Anak Commissioners, the Board of Directors and the
terakhir adalah sebagaimana dituangkan Sharia Supervisory Board of the Subsidiary is as
kedalam akta Pernyataan Keputusan diluar specified in the in the Deed of Circular Resolution
Rapat Umum Pemegang Saham No. 40 tanggal of the General Meeting of Shareholders No. 40
30 Oktober 2023 yang dibuat oleh Ashoya dated 30 October 2023, made by Ashoya Ratam,
Ratam, S.H., M.Kn., notaris di Jakarta dan telah S.H., M.Kn., notary in Jakarta and has been
diterima dan dicatat di dalam Sistem received and recorded in Legal Entity
Administrasi Badan Hukum melalui Surat Administration System through Decree Letter of
Keputusan Menteri Hukum dan Hak Asasi Ministry of Law and Human Rights of the Republic
Manusia Republik Indonesia No. AHU- of Indonesia Number No. AHU-AH.01.09-0181484
AH.01.09-0181484 tanggal 3 November 2023. dated 3 November 2023.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
17
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
j. Entitas Anak (lanjutan) j. Subsidiary (continued)
PT BTPN SYARIAH VENTURA telah PT BTPN SYARIAH VENTURA has obtained its
mendapatkan perijinan operasional dari operational permits from the Financial Services
Otoritas Jasa Keuangan melalui Surat Authority by means of letter Number
Keputusan Anggota Dewan Komisioner Nomor KEP-23/D.05/2022 dated 20 May 2022,
KEP-23/D.05/2022 tanggal 20 Mei 2022 regarding the Granting of Business Permit of
tentang Pemberian Izin Usaha Perusahaan Sharia Venture Capital Company to PT BTPN
Modal Ventura Syariah kepada PT BTPN SYARIAH VENTURA and effectively carried out
SYARIAH VENTURA dan efektif menjalankan its operational activities on 30 May 2022
kegiatan operasionalnya pada tanggal
30 Mei 2022.
Tujuan pendirian Entitas Anak adalah untuk The purpose of establishing the Subsidiary is to
menunjang kegiatan usaha dan aspirasi Entitas support the business activities and aspiration of
Anak dalam mewujudkan digital ekosistem bagi the Subsidiary in realizing a digital ecosystem for
segmen yang dilayaninya. the segment its served.
Entitas Anak merupakan perusahaan yang The Subsidiary is a company that carries out the
melakukan kegiatan usaha modal ventura sharia venture capital business activities, venture
syariah, pengelolaan dana ventura, dan fund management, and other business activities
kegiatan usaha lain dengan persetujuan dari upon the approval from relevant authorities, all of
otoritas terkait, yang seluruhnya dilaksanakan which are carried out based on sharia principles.
berdasarkan prinsip syariah.
2. DASAR PENYUSUNAN 2. BASIS OF PREPARATION
a. Pernyataan kepatuhan a. Statement of compliance
Laporan keuangan konsolidasian telah disusun The consolidated financial statements have
dan disajikan sesuai dengan Standar Akuntansi been prepared and presented in accordance
Keuangan di Indonesia. with Indonesian Financial Accounting Standards.
b. Laporan keuangan konsolidasian ini yang b. These consolidated financial statements which
merupakan konsolidasian dari laporan keuangan represent the consolidation of the financial
Bank dan Entitas Anak (secara bersama-sama statements of the Bank and its subsidiary
disebut “Bank dan Entitas Anak” dan Bank (together referred to as the ”Bank and
secara individu disebut “Bank”) telah disetujui Subsidiary” and the Bank individually as the
untuk diterbitkan oleh Direksi Bank pada tanggal ”Bank”), were authorised for issuance by the
7 Februari 2024. Bank’s Board of Directors on 7 February 2024.
c. Mata uang fungsional dan penyajian c. Functional and presentation currency
Laporan keuangan konsolidasian disajikan The consolidated financial statements are
dalam Rupiah, yang merupakan mata uang presented in Rupiah, which is the Bank and
fungsional Bank and Entitas Anak. Seluruh Subsidiary’s functional currency. Unless
informasi keuangan yang disajikan telah otherwise stated, the financial information
dibulatkan ke jutaan terdekat dalam jutaan presented in Rupiah has been rounded to the
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Rupiah, kecuali dinyatakan lain. nearest million.
Laporan keuangan konsolidasian ini disajikan The consolidated financial statements are
dalam bahasa Indonesia dan Inggris. Dalam hal presented in Indonesian and English languages.
terdapat perbedaan penafsiran akibat Should there be any difference in interpretation
penerjemahan bahasa, maka yang digunakan due to translation, the Indonesian version shall
sebagai acuan adalah dalam bahasa Indonesia. prevail.
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. DASAR PENYUSUNAN (lanjutan) 2. BASIS OF PREPARATION (continued)
d. Penggunaan pertimbangan dan estimasi d. Use of judgments and estimates
Penyusunan laporan keuangan konsolidasian The preparation of consolidated financial
sesuai dengan SAK di Indonesia mengharuskan statements in conformity with SAK requires
manajemen untuk membuat pertimbangan dan management to make judgements and
estimasi yang mempengaruhi penerapan estimates that affect the application of
kebijakan akuntansi, dan jumlah aset, liabilitas, accounting policies and the reported amounts
pendapatan dan beban yang dilaporkan. of assets, liabilities, income and expenses.
Walaupun estimasi ini dibuat berdasarkan Although those estimates are based on
pengetahuan terbaik manajemen atas kejadian management’s best knowledge of current
dan kegiatan saat ini, hasil aktual mungkin events and activities, actual results may differ
berbeda dari estimasi tersebut. from those estimates.
Estimasi dan asumsi yang digunakan ditelaah Estimates and underlying assumptions are
secara berkesinambungan. Revisi atas estimasi reviewed on an ongoing basis. Revisions to
akuntansi diakui pada periode dimana estimasi accounting estimates are recognized in the
tersebut direvisi dan periode-periode yang akan period in which the estimate is revised and in
datang yang dipengaruhi oleh revisi estimasi any future periods affected.
tersebut.
lnformasi mengenai hal-hal penting yang terkait Information about significant areas of
dengan ketidakpastian estimasi dan estimation uncertainties and critical judgments
pertimbangan-pertimbangan signifikan dalam in applying accounting policies that have
penerapan kebijakan akuntansi yang memiliki significant effect on the amounts recognized in
dampak yang signifikan terhadap jumlah yang the consolidated financial statements are
diakui dalam laporan keuangan konsolidasian described in Note 4.
dijelaskan di Catatan 4.
e. Dasar pengukuran e. Basis of measurement
Berdasarkan PSAK 101 (Revisi 2016), laporan Based on PSAK 101 (Revised 2016), a
keuangan entitas syariah yang lengkap terdiri complete financial statements of a sharia entity
dari komponen-komponen sebagai berikut: consist of the following components:
(i) Laporan posisi keuangan pada akhir (i) Statement of financial position as of end
periode; of the period;
(ii) Laporan laba rugi dan penghasilan (ii) Statement of profit or loss and other
komprehensif lain selama periode; comprehensive income for the period;
(iii) Laporan perubahan ekuitas selama (iii) Statement of changes in equity for the
periode; period;
(iv) Laporan arus kas selama periode; (iv) Statement of cash flows for the period;
(v) Laporan rekonsiliasi pendapatan dan (v) Statement of reconciliation of income
bagi hasil selama periode; and revenue sharing for the period;
(vi) Laporan sumber dan penyaluran dana (vi) Statement of sources and distribution of
zakat selama periode; zakat funds for the period;
(vii) Laporan sumber dan penggunaan dana (vii) Statement of sources and uses of
kebajikan selama periode; dan qardhul hasan funds for the period; and
(viii) Catatan atas laporan keuangan. (viii) Notes to the financial statements.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Laporan sumber dan penggunaan dana The consolidated statements of sources and
kebajikan konsolidasian menunjukkan sumber uses of qardhul hasan funds show the sources
dan penggunaan dana kebajikan dalam jangka and uses of qardhul hasan funds for a certain
waktu tertentu serta saldo dana kebajikan pada period, and qardhul hasan funds balance at a
tanggal tertentu. certain date.
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. DASAR PENYUSUNAN (lanjutan) 2. BASIS OF PREPARATION (continued)
e. Dasar pengukuran (lanjutan) e. Basis of measurement (continued)
Sejak tanggal Bank dan Entitas Anak beroperasi, Since the operation commencement date, the
Bank dan Entitas Anak belum menunjuk suatu Bank and Subsidiary have not appointed an
lembaga untuk mengelola sumber dan institution to manage sources and uses of zakat
penggunaan dana zakat dan kebajikan. and qardhul hasan funds.
Sampai dengan tanggal 31 Desember 2023, Up to 31 December 2023, the Bank have not
Bank belum mengelola penerimaan dana zakat, managed any zakat funds received from the
baik yang bersumber dari Bank maupun dari Bank as well as external parties.
pihak luar.
Laporan posisi keuangan, laporan laba rugi dan The statement of financial positions, statement
penghasilan komprehensif lain, laporan of profit or loss and other comprehensive
perubahan ekuitas, dan laporan arus kas, income, statement of changes in equity and
merupakan laporan keuangan yang statement of cash flows, are the financial
mencerminkan kegiatan komersial entitas statements reflecting the sharia entity’s
syariah sesuai prinsip syariah. commercial activities in accordance with sharia
principles.
Laporan keuangan konsolidasian Bank dan The Bank and Subsidiary’s consolidated
Entitas Anak disusun berdasarkan konsep harga financial statements have been prepared under
perolehan, kecuali untuk beberapa akun yang the historical cost concept, except for certain
dinilai menggunakan dasar pengukuran lain accounts which have been valued using another
sebagaimana dijelaskan dalam kebijakan measurement basis as explained in the
akuntansi masing-masing akun tersebut, dan accounting policy for those specified accounts,
disusun dengan dasar akrual, kecuali laporan and prepared under the accrual basis, except
arus kas konsolidasian dan laporan rekonsiliasi for the consolidated statements of cash flows
pendapatan dan bagi hasil konsolidasian. and consolidated statements of reconciliation of
income and revenue sharing.
Laporan arus kas konsolidasian disusun dengan The consolidated statements of cash flows are
menggunakan metode langsung dengan prepared using the direct method by classifying
mengelompokkan arus kas dalam aktivitas cash flows into operating, investing and
operasi, investasi dan pendanaan. Untuk financing activities. For the presentation of
penyajian laporan arus kas konsolidasian, setara consolidated cash flows statement, cash
kas terdiri dari kas, giro dan penempatan pada equivalents consist of cash, current accounts
Bank Indonesia, giro dan penempatan pada and placements with Bank Indonesia, current
bank-bank lain, dan investasi pada surat accounts and placements with other banks, and
berharga yang jatuh tempo dalam 3 (tiga) bulan investments in marketable securities with
dari tanggal penempatan dan yang tidak maturities of 3 (three) months from the date of
dijaminkan serta tidak dibatasi penggunaannya. placement and are not pledged or restricted.
Laporan rekonsiliasi pendapatan dan bagi hasil The consolidated statements of reconciliation of
konsolidasian merupakan rekonsiliasi antara income and revenue sharing represent the
pendapatan Bank dan Entitas Anak yang reconciliation between the Bank and
menggunakan dasar akrual (accrual basis) Subsidiary’s revenue that are recognized under
PT Bank BTPN Syariah Tbk | 2023 Annual Report
dengan pendapatan yang didistribusikan kepada accrual basis with the revenue sharing
pemilik dana yang menggunakan dasar kas distributed to fund owner under the cash basis.
(cash basis).
Laporan sumber dan penyaluran dana zakat The consolidated statements of sources and
konsolidasian merupakan laporan yang distribution of zakat funds show the sources and
menunjukkan sumber dan penyaluran dana zakat distribution of zakat funds for a certain period,
dalam jangka waktu tertentu, serta dana zakat and the undistributed zakat funds at a certain
yang belum disalurkan pada tanggal tertentu. date.
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. DASAR PENYUSUNAN (lanjutan) 2. BASIS OF PREPARATION (continued)
f. Perubahan kebijakan akuntansi f. Changes in accounting policies
Standar akuntansi berikut ini yang berlaku efektif The following accounting standards, which
tanggal 1 Januari 2023 dan relevan terhadap became effective on 1 January 2023 and are
laporan keuangan konsolidasian ini, tidak relevant to these consolidated financial
membawa dampak perubahan yang signifikan statements, do not result in significant changes
terhadap kebijakan akuntansi Bank dan Entitas to the Bank and Subsidiary’s accounting
Anak serta jumlah yang dilaporkan di tahun policies and on the amounts reported for current
berjalan atau tahun sebelumnya: or prior financial years:
- Amendemen PSAK 1: “Penyajian Laporan - Amendment of PSAK 1: “Presentation of
Keuangan: Pengungkapan Kebijakan Financial Statements: Disclosure of
Akuntansi” Accounting Policies”
- Amendemen PSAK 25: “Kebijakan - Amendment of PSAK 25: “Accounting
Akuntansi, Perubahan Estimasi Akuntansi, Policies, Changes in Accounting
dan Kesalahan” tentang definisi “estimasi Estimates, and Errors” regarding the
akuntansi” dan penjelasannya definition of “accounting estimates” and
their Explanations
- Amendemen PSAK 16: “Aset Tetap” tentang - Amendment of PSAK 16: “Fixed Assets”
hasil sebelum penggunaan yang regarding proceeds before intended use
diintensikan
- Amendemen PSAK 46: “Pajak Penghasilan” - Amendment of PSAK 46: "Income Tax"
tentang Pajak Tangguhan terkait Aset dan on Deferred Tax related to Assets and
Liabilitas yang timbul dari Transaksi Liabilities arising from a Single
Tunggal Transaction
- Amendemen PSAK 107: “Akuntansi Ijarah” - Amendment of PSAK 107: “Ijarah
Accounting”
3. IKHTISAR KEBIJAKAN AKUNTANSI MATERIAL 3. SUMMARY OF MATERIAL ACCOUNTING
POLICIES
Kebijakan-kebijakan akuntansi yang material, yang The material accounting policies, applied in
diterapkan dalam penyusunan laporan keuangan preparing the Bank’s consolidated financial
konsolidasian Bank adalah seperti dijabarkan di statements are set out below:
bawah ini:
a. Prinsip konsolidasi a. Basis of consolidation
Laporan keuangan konsolidasian mencakup The consolidated financial statements include
laporan keuangan Bank dan Entitas Anak. the accounts of the Bank and Subsidiary.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
3. IKHTISAR KEBIJAKAN AKUNTANSI YANG 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
a. Prinsip konsolidasi (lanjutan) a. Basis of consolidation (continued)
Suatu pengendalian atas entitas anak dianggap Control over a subsidiary is presumed to exist if
ada bilamana Bank terekspos atau memiliki hak the Bank is exposed to, or has rights to, variable
atas imbal hasil variabel dari keterlibatannya returns from its involvement with the subsidiary
dengan entitas anak dan memiliki kemampuan and has the ability to affect those returns
untuk mempengaruhi imbal hasil tersebut through its power over the subsidiary. The Bank
melalui kekuasaannya atas entitas anak. Bank reassesses whether it has control if there are
akan menilai kembali apakah memiliki kendali changes to one or more of the elements of the
jika ada perubahan atas satu atau lebih unsur control. This includes circumstances in which
pengendalian. Ini termasuk situasi dimana hak protective rights held (e.g. those resulting from
protektif yang dimiliki (seperti yang dihasilkan a lending relationship) become substantive and
dari hubungan pinjaman) menjadi substantif lead to the Bank having power over a
dan mengakibatkan Bank memiliki kekuasaan subsidiary.
atas suatu entitas anak.
Ketika Bank kehilangan kendali atas entitas When the Bank loses control over a subsidiary,
anak, Bank menghentikan pengakuan aset dan it derecognises the assets and liabilities of the
liabilitas entitas anak, dan kepentingan non- subsidiary, and any related non-controlling
pengendali terkait dan komponen ekuitas interests and other components of equity. Any
lainnya. Laba atau rugi yang timbul diakui resulting gain or loss is recognized in profit or
dalam laba rugi. Kepentingan yang loss. Any interest retained in the former
dipertahankan di entitas anak sebelumnya subsidiary is measured at fair value when the
diukur sebesar nilai wajar ketika pengendalian control is lost.
hilang.
Seluruh transaksi dan saldo antar perusahaan All inter-company transactions and balances
dieliminasi dalam laporan keuangan are eliminated in the consolidated financial
konsolidasian, sehingga laporan keuangan statements; accordingly, the consolidated
konsolidasian hanya mencakup transaksi dan financial statements include only transactions
saldo dengan pihak lain. and balances with other parties.
Perubahan dalam bagian kepemilikan Bank Changes in the Bank’s ownership interest in
pada entitas anak yang tidak mengakibatkan subsidiary that do not result in a loss of control
hilangnya pengendalian diperlakukan sebagai are treated as transaction between equity
transaksi antara pemegang ekuitas dan dicatat holders and are accounted for as equity
sebagai transaksi ekuitas. transactions.
Kepentingan non-pengendali disajikan di Non-controlling interest is presented as part of
ekuitas dalam laporan posisi keuangan equity in the consolidated statements of
konsolidasian dan dinyatakan sebesar proporsi financial position and represents the non-
pemegang saham non-pengendali atas laba controlling shareholders’ proportionate share
tahun berjalan dan ekuitas entitas anak tersebut in the net income for the year and equity of the
berdasarkan persentase kepemilikan subsidiary based on the percentage of
pemegang saham non-pengendali pada entitas ownership of the non-controlling shareholders
anak tersebut. in the subsidiary.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
3. IKHTISAR KEBIJAKAN AKUNTANSI YANG 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
b. Giro dan penempatan pada Bank Indonesia b. Current accounts and placements with
Bank Indonesia
Giro dan penempatan pada Bank Indonesia Current accounts and placements with Bank
terdiri dari giro wadiah pada Bank Indonesia Indonesia consist of wadiah current accounts
dan penanaman dana pada Bank Indonesia with Bank Indonesia and placements of funds
berupa Fasilitas Simpanan Bank Indonesia with Bank Indonesia in the form of Bank
Syariah (“FASBIS”) dan Sertifikat Bank Indonesia Sharia Deposit Facilities (“FASBIS”)
Indonesia Syariah (“SBIS”). and Bank Indonesia Sharia Certificates
(“SBIS”).
FASBIS dan SBIS merupakan sertifikat yang FASBIS and SBIS are certificates issued by
diterbitkan Bank Indonesia sebagai bukti Bank Indonesia as a proof of short-term fund
penitipan dana berjangka pendek dengan akad deposits under wadiah and jualah agreements.
masing-masing adalah wadiah dan jualah. Giro Current accounts and placements with Bank
dan Penempatan pada Bank Indonesia Indonesia are stated at acquisition cost.
disajikan sebesar biaya perolehan.
c. Giro pada bank-bank lain c. Current accounts with other banks
Giro pada bank-bank lain dinyatakan sebesar Current accounts with other banks are stated at
saldo giro dikurangi dengan cadangan kerugian their outstanding balances, net of allowance for
penurunan nilai. Bonus yang diterima dari bank impairment losses. Bonuses received from
umum syariah diakui sebagai pendapatan sharia commercial banks are recognized as
usaha utama lainnya. Penerimaan jasa giro dari other main operating income. Interest income
bank umum konvensional (jika ada) tidak diakui from conventional commercial banks (if any)
sebagai pendapatan Bank dan Entitas Anak are not recognized as the Bank and
dan digunakan untuk dana kebajikan (qardhul Subsidiary’s income but are recognized as part
hasan). of the qardhul hasan funds.
d. Penempatan pada bank-bank lain d. Placements with other banks
Penempatan pada bank-bank lain oleh Bank Placements with other banks by the Bank and
dan Entitas Anak adalah penempatan dana Subsidiary’s represent placements with sharia
pada bank umum syariah, unit usaha syariah commercial banks, sharia business units and/or
dan/atau BPR syariah antara lain dalam bentuk sharia rural banks in the form of current
giro, tabungan, deposito, pembiayaan, accounts, saving accounts, deposits, financing
dan/atau bentuk penempatan lainnya and/or other placements based on sharia
berdasarkan prinsip syariah. Penempatan pada principles. Placements with other banks are
bank-bank lain disajikan sebesar saldo stated at their outstanding balances, net of
penempatan, setelah dikurangi cadangan allowance for impairment losses.
kerugian penurunan nilai.
e. Investasi pada surat berharga e. Investment in marketable securities
Surat berharga syariah adalah surat bukti Sharia marketable securities are proof of
investasi berdasarkan prinsip syariah yang investments based on sharia principles that are
PT Bank BTPN Syariah Tbk | 2023 Annual Report
lazim diperdagangkan di pasar uang syariah commonly traded in the sharia money market
dan/atau pasar modal syariah antara lain and/or sharia capital markets, including sharia
obligasi syariah (sukuk), Sertifikat Investasi bonds (sukuk), Certificate of Interbank
Mudharabah Antarbank (SIMA), reksa dana Mudharabah Investment (SIMA), sharia mutual
syariah, investasi pada efek ekuitas dan surat funds, investment in equity securities and other
berharga lainnya berdasarkan prinsip syariah. securities based on sharia principles.
23
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
3. IKHTISAR KEBIJAKAN AKUNTANSI YANG 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
e. Investasi pada surat berharga (lanjutan) e. Investment in marketable securities
(continued)
Bank dan Entitas Anak menentukan klasifikasi The Bank and Subsidiary determined the
investasi pada sukuk dan efek lain yang classification of investments in sukuk and other
mempunyai karakteristik yang serupa dengan securities which have similar characteristics
sukuk, sesuai dengan PSAK 110 (Revisi 2015) with sukuk, in accordance with PSAK 110 (2015
dan penyesuaian tahun 2020 tentang Revision) and its amendments in 2020
“Akuntansi Sukuk" sebagai berikut: regarding "Accounting for Sukuk" as follows:
1) Diukur pada biaya perolehan. Investasi 1) Measured at acquisition cost. The
tersebut dimiliki dalam suatu model usaha investment is held in a business model
yang bertujuan utama untuk memperoleh whereby the primary goal is to collect
arus kas kontraktual dan terdapat contractual cash flows and has contractual
persyaratan kontraktual dalam terms in determining the specific date of
menentukan tanggal tertentu atas principal payments and or the margin. At
pembayaran pokok dan atau hasilnya. the initial recognition, investments in sukuk
Pada saat pengakuan awal, investasi pada are measured at fair value plus directly
sukuk diukur pada nilai wajar termasuk attributable transaction costs.
biaya transaksi yang dapat diatribusikan
secara langsung untuk perolehan investasi
tersebut.
Setelah pengakuan awal, investasi pada Subsequent to initial recognition,
sukuk dinyatakan sebesar biaya perolehan, investments in sukuk are stated at
ditambah biaya transaksi yang belum acquisition cost, plus unamortized portion
diamortisasi dengan menggunakan metode of transaction costs that are amortized
garis lurus, dikurangi cadangan kerugian using straight-line method, minus
penurunan nilai, jika ada. allowance for impairment losses, if any.
2) Diukur pada nilai wajar melalui 2) Measured at fair value through other
penghasilan komprehensif lain. Investasi comprehensive income. The investment is
tersebut dimiliki dalam suatu model usaha held in a business model whereby the
yang bertujuan utama untuk memperoleh primary goal is to obtain contractual cash
arus kas kontraktual dan melakukan flows and to sell the sukuk, and has
penjualan sukuk, terdapat persyaratan contractual terms in determining the
kontraktual dalam menentukan tanggal specific date of principal payments and/or
tertentu atas pembayaran pokok dan/atau the results.
hasilnya.
Pada saat pengakuan awal, investasi pada At the initial recognition, investments in
sukuk diukur pada nilai wajar termasuk sukuk are measured at fair value plus
biaya transaksi yang dapat diatribusikan directly attributable transaction costs.
secara langsung untuk perolehan investasi Subsequent to initial recognition,
tersebut. Setelah pengakuan awal, investments in sukuk are stated at fair
investasi pada sukuk dicatat sebesar nilai value. All changes in fair value are
wajar. Seluruh perubahan nilai wajar diakui recognized in other comprehensive
PT Bank BTPN Syariah Tbk | 2023 Annual Report
pada penghasilan komprehensif lain. Ketika income. When sukuk is derecognized,
investasi sukuk dihentikan pengakuannya, accumulated gains or losses which have
akumulasi keuntungan atau kerugian yang previously been recognized in other
sebelumnya diakui dalam penghasilan comprehensive income is reclassified to
komprehensif lain diklasifikasikan ke laba profit or loss.
rugi.
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
3. IKHTISAR KEBIJAKAN AKUNTANSI YANG 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
e. Investasi pada surat berharga (lanjutan) e. Investment in marketable securities
(continued)
3) Diukur pada nilai wajar melalui laba rugi. 3) Measured at fair value through profit or loss.
Pada saat pengakuan awal, investasi pada At the initial recognition, investments in
sukuk diukur pada nilai wajar tidak sukuk are measured at fair value excluding
termasuk biaya transaksi. Biaya transaksi transaction costs. Transaction costs are
langsung diakui pada laba rugi. Setelah directly recognized in profit or loss.
pengakuan awal, investasi pada sukuk Subsequent to initial recognition,
dicatat sebesar nilai wajar. Seluruh investments in sukuk are stated at fair
perubahan nilai wajar diakui pada laba rugi value. All changes in fair value are
tahun berjalan. recognized in the current year profit or loss.
Investasi dalam unit reksa dana syariah Investments in sharia mutual funds are
dinyatakan sebesar nilai wajar yang ditentukan presented at fair value which is measured
berdasarkan nilai aset bersih dari reksa dana based on net asset value of mutual funds at
pada tanggal pelaporan. Seluruh perubahan reporting date. All changes in net asset value
nilai aset bersih diakui pada penghasilan are recognized in other comprehensive income.
komprehensif lain. Investasi dalam unit reksa Investments in protected sharia mutual funds
dana syariah terproteksi dinyatakan sebesar are presented at acquisition cost.
biaya perolehan.
Investasi pada efek ekuitas dikategorikan Investments in equity securities are categorized
sebagai aset keuangan terukur pada FVTPL. as measured-at-FVTPL financial assets. These
Aset keuangan ini diakui dan diukur pada nilai financial assets are recognized and measured
wajar. Keuntungan atau kerugian atas at fair value. Gains or losses on derecognition
penghentian pengakuan aset keuangan ini of these financial assets are recognized in profit
diakui dalam laba rugi. or loss.
f. Piutang murabahah f. Murabahah receivables
Murabahah adalah akad jual beli antara Murabahah is a sale and purchase contract
nasabah dengan Bank, dimana Bank between the customer and the Bank, whereby
membiayai kebutuhan barang untuk konsumsi, the Bank finances the goods for consumption,
investasi dan modal kerja nasabah yang dijual investment and working capital needs of the
dengan harga pokok ditambah dengan marjin customer, that are sold with a principle price
yang diketahui dan disepakati bersama. plus a certain margin that is mutually informed
Pembayaran atas pembiayaan ini dilakukan and agreed. Repayment on this financing is
dengan cara mengangsur dalam jangka waktu made in installments within a specified period.
yang ditentukan.
Piutang murabahah pada awalnya diukur pada Murabahah receivables are initially measured
nilai bersih yang dapat direalisasi ditambah at net realizable value plus directly attributable
dengan biaya transaksi yang dapat transaction costs and additional costs to obtain
diatribusikan secara langsung dan biaya the respective murabahah receivables.
tambahan untuk memperoleh piutang Subsequent to the initial recognition, they are
murabahah tersebut. Setelah pengakuan awal, measured at amortized cost using the effective
piutang murabahah diukur pada biaya rate of return method less deferred margin
PT Bank BTPN Syariah Tbk | 2023 Annual Report
perolehan diamortisasi menggunakan metode income and allowance for impairment losses.
imbal hasil efektif dikurangi pendapatan marjin
yang ditangguhkan dan cadangan kerugian
penurunan nilai.
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
3. IKHTISAR KEBIJAKAN AKUNTANSI YANG 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
g. Cadangan kerugian penurunan nilai piutang g. Allowance for impairment losses of
murabahah murabahah receivables
Untuk tujuan evaluasi penurunan nilai, Bank For the purpose of evaluation of impairment, the
melakukan evaluasi penurunan nilai secara Bank conducts a collective evaluation of
kolektif karena seluruh piutang murabahah impairment because all murabahah receivables
memiliki nilai tidak signifikan secara individu. have individually insignificant value.
Untuk penurunan nilai secara kolektif ini, Bank For this collective impairment, the Bank
mengelompokkan portofolio piutang classifies the receivables portfolio based on the
berdasarkan kesamaan karakteristik risiko similarity of credit risk characteristics, that is
kredit yaitu antara nasabah yang diberikan between customers who were given
restrukturisasi dan nasabah yang tidak restructuring and customers who were not
direstrukturisasi, dimana metode yang restructured, were the method used follows the
digunakan mengikuti incurred loss atau incurred losses or regulatory reporting.
regulatory reporting.
Bank menggunakan model analisa statistik The Bank uses statistical analysis models in
dalam perhitungan cadangan kerugian determining the collective impairment loss
penurunan nilai secara kolektif ini, yaitu metode allowance, that are the migration analysis
migration analysis dan metode vintage analysis. method and the vintage analysis method.
Metode migration analysis digunakan untuk The migration analysis method is used for
menentukan kerugian penurunan nilai dari determining the impairment loss for non-
nasabah yang tidak direstrukturisasi dan restructuring customers and customers who
nasabah yang direstrukturisasi karena usaha were restuctured due to declining business (non-
menurun (non-covid). Pada metode migration covid). In the migration analysis method, the
analysis, Bank menentukan tingkat kerugian Bank determines the loss rate of the portfolio
dari portofolio selama periode antara terjadinya from the period between the occurrence of a
peristiwa gagal bayar dengan saat kerugian default event and the identification of a loss for
teridentifikasi untuk setiap portofolio yang each identified portfolio within 12 months.
teridentifikasi dalam jangka waktu 12 bulan. Impairment losses on murabahah receivables
Kerugian penurunan nilai atas piutang are measured at the difference between the
murabahah diukur sebesar selisih antara nilai carrying amount of the murabahah receivables
tercatat piutang murabahah dengan nilai and the estimated future cash flows.
estimasi arus kas masa datang.
Metode vintage analysis digunakan untuk The vintage analysis method is used to
menentukan kerugian penurunan nilai dari determine the impairment loss of restructured
nasabah yang telah direstrukturisasi COVID- customers COVID-19. In the vintage analysis
19. Pada metode vintage analysis, Bank method, the Bank uses the loss rate based on
menentukan tingkat kerugian berdasarkan the Bank’s experience of the condition of
pengalaman Bank atas kondisi nasabah yang previous restructured customers from the
diretrukturisasi sebelumnya dari tanggal retructuring date until the financing receivables
restrukturisasi sampai dengan piutang were paid-off or written-off and consider
pembiayaan tersebut lunas atau customer payment trends in the restructuring
dihapusbukukan dan mempertimbangkan tren period as well.
pembayaran nasabah di periode restrukturisasi
juga.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Ketika pembiayaan yang diberikan tidak When a financing is uncollectible, it is written-off
tertagih, pembiayaan tersebut dihapusbuku against the related allowance for impairment
dengan menjurnal balik cadangan kerugian losses. Such financing is written-off after all
penurunan nilai. Pembiayaan tersebut dapat necessary procedures have been completed and
dihapusbuku setelah semua prosedur yang the amount of the loss has been determined.
diperlukan telah terpenuhi dan jumlah kerugian Impairment charges are recognized as
telah ditentukan. Beban penurunan nilai diakui “provision for allowance for impairment losses”.
sebagai “Pembentukan cadangan kerugian
penurunan nilai”.
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
3. IKHTISAR KEBIJAKAN AKUNTANSI YANG 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
g. Cadangan kerugian penurunan nilai piutang g. Allowance for impairment losses of
murabahah (lanjutan) murabahah receivables (continued)
Penerimaan kembali atas pembiayaan yang Subsequent recoveries of financing written off in
telah dihapusbukukan pada tahun berjalan the current year are credited to the provision for
dikreditkan pada akun pembentukan cadangan allowance for impairment losses account.
kerugian penurunan nilai. Penerimaan kembali Subsequent recoveries of financing written off in
atas pembiayaan yang telah dihapusbukukan previous year are recognized as other operating
pada tahun sebelumnya dicatat sebagai income.
pendapatan operasi lainnya.
h. Pinjaman qardh h. Funds of qardh
Pinjaman qardh adalah penyaluran dana Funds of qardh represent a distribution of funds
dengan akad qardh. with qardh agreement.
Pinjaman qardh adalah penyediaan dana atau Funds of qardh represent funds provided or
tagihan yang dapat dipersamakan berdasarkan similar claims based on an agreement or
persetujuan atau kesepakatan antara peminjam contract between the borrower and the Bank,
dan Bank yang mewajibkan peminjam melunasi wherein the borrower should repay the loan after
hutangnya setelah jangka waktu tertentu. a specified period of time.
Pinjaman qardh diakui sebesar total dana yang Funds of qardh are recognized in the amount
dipinjamkan kepada peminjam pada saat lent to the borrower at the transaction date. The
terjadinya. Bank dapat menerima imbalan Bank may receive a fee, however, this should not
namun tidak diperkenankan untuk be stated in the agreement. The fee is
dipersyaratkan di dalam perjanjian. Imbalan recognized upon receipt.
tersebut diakui pada saat diterima.
Pinjaman qardh disajikan sebesar saldonya Funds of qardh are stated at their outstanding
dikurangi cadangan kerugian penurunan nilai. balances less allowance for impairment losses.
i. Pembiayaan musyarakah i. Musyarakah financing
Pembiayaan musyarakah adalah akad Musyarakah financing is an agreement between
kerjasama antara dua pihak atau lebih untuk two or more parties for a particular business, in
suatu usaha tertentu, dimana masing-masing which each party contributes funds with the
pihak memberikan kontribusi dana dengan terms that profits are shared according to the
ketentuan bahwa keuntungan dibagi agreement, while losses are borne by each party
berdasarkan kesepakatan, sedangkan kerugian proportionate to the amount of fund
berdasarkan porsi kontribusi dana. Dana contributions. The fund consists of cash or non-
tersebut meliputi kas atau aset non-kas yang cash assets allowed by sharia.
diperkenankan oleh syariah.
Pembiayaan musyarakah dinyatakan sebesar Musyarakah financing is stated at outstanding
saldo pembiayaan dikurangi dengan saldo balance, net of allowance for impairment losses.
cadangan kerugian penurunan nilai. Bank The Bank provides allowance for impairment
menetapkan cadangan kerugian penurunan losses based on the financing quality as
PT Bank BTPN Syariah Tbk | 2023 Annual Report
nilai sesuai dengan kualitas pembiayaan determined by a review of each account.
berdasarkan penelaahan atas masing-masing
saldo pembiayaan.
Cadangan kerugian penurunan nilai atas The allowance for impairment losses on
pembiayaan musyarakah dihitung dengan musyarakah financing is calculated using the
pendekatan sesuai pencadangan menurut regulatory provisioning approach.
penerapan yang diatur oleh regulator.
27
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
3. IKHTISAR KEBIJAKAN AKUNTANSI YANG 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
j. Aset keuangan dan liabilitas keuangan j. Financial assets and financial liabilities
Aset keuangan Bank dan Entitas Anak terutama The Bank and Subsidiary’s financial assets
terdiri dari kas, giro dan penempatan pada Bank mainly consist of cash, current accounts and
Indonesia, giro pada bank-bank lain, placements with Bank Indonesia, current
penempatan pada bank-bank lain, investasi accounts with other banks, placements with
pada surat berharga, piutang murabahah, other banks, investments in marketable
pinjaman qardh, pembiayaan musyarakah dan securities, murabahah receivables, funds of
aset lain-lain. qardh, musyarakah financing and other assets
Liabilitas keuangan Bank dan Entitas Anak The Bank and Subsidiary’s financial liabilities
terutama terdiri dari liabilitas segera, bagi hasil mainly consist of liabilities due immediately,
yang belum dibagikan, simpanan nasabah, undistributed revenue sharing, deposits from
surat berharga yang diterbitkan, liabilitas sewa, customers, securities issued, lease liabilities,
akrual dan liabilitas lain - lain tertentu. certain accruals and other liabilities.
j.1. Pengakuan j.1. Recognition
Pada saat pengakuan awal, aset keuangan A financial asset or financial liability is initially
atau liabilitas keuangan diukur pada nilai measured at fair value plus/less (for financial
wajar ditambah/dikurangi (untuk instrumen instruments not subsequently measured at
keuangan yang tidak diukur pada nilai wajar fair value through profit or loss) transaction
melalui laba rugi setelah pengakuan awal) costs that are directly attributable to the
biaya transaksi yang dapat diatribusikan acquisition of a financial asset or issuance of
secara langsung atas perolehan aset a financial liability. The subsequent
keuangan atau penerbitan liabilitas measurement of financial assets and
keuangan. Pengukuran aset keuangan dan financial liabilities is described in respective
liabilitas keuangan setelah pengakuan awal notes for current accounts and placements
dijelaskan pada catatan masing-masing with bank Indonesia (Note 3b), current
yaitu giro dan penempatan pada Bank accounts with other banks (Note 3c),
Indonesia (Catatan 3b), giro pada bank- placements with other banks (Note 3d),
bank lain (Catatan 3c), penempatan pada investments in marketable securities (Note
bank-bank lain (Catatan 3d), investasi pada 3e), murabahah receivables (Note 3f), funds
surat berharga (Catatan 3e), piutang of qardh (Note 3h), musyarakah financing
murabahah (Catatan 3f), pinjaman qardh (Note 3i), liabilities due immediately (Note
(Catatan 3h), pembiayaan musyarakah 3m), deposits from customers (Note 3n), and
(Catatan 3i), liabilitas segera (Catatan 3m), lease liabilities (Note 3v).
simpanan nasabah (Catatan 3n), dan
liabilitas sewa (Catatan 3v).
Biaya transaksi hanya meliputi biaya-biaya Transaction costs include only those costs
yang dapat diatribusikan secara langsung that are directly attributable to the acquisition
untuk perolehan suatu aset keuangan atau of a financial asset or issuance of a financial
penerbitan suatu liabilitas keuangan dan liability and are incremental costs that would
merupakan biaya tambahan yang tidak akan not have been incurred if the instruments had
terjadi apabila instrumen keuangan tersebut not been acquired or issued. In the case of
tidak diperoleh atau diterbitkan. Untuk aset financial assets, transaction costs are added
keuangan, biaya transaksi ditambahkan to the amount recognized initially, while for
pada jumlah yang diakui pada awal financial liabilities, transaction costs are
pengakuan aset, sedangkan untuk liabilitas deducted from the amount of debt
PT Bank BTPN Syariah Tbk | 2023 Annual Report
keuangan, biaya transaksi dikurangkan recognized initially. Such transaction costs
dari jumlah utang yang diakui pada awal are amortised over the terms of the
pengakuan liabilitas. Biaya transaksi instruments based on the effective interest
tersebut diamortisasi selama umur method and are recorded as part of interest
instrumen berdasarkan metode suku bunga income for transaction costs related to
efektif dan dicatat sebagai bagian dari financial assets or interest expense for
pendapatan bunga untuk biaya transaksi transaction costs related to financial
sehubungan dengan aset keuangan atau liabilities.
sebagai bagian dari beban bunga untuk
biaya transaksi sehubungan dengan
liabilitas keuangan.
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
3. IKHTISAR KEBIJAKAN AKUNTANSI YANG 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
j. Aset Keuangan dan Liabilitas Keuangan j. Financial Assets and Financial Liabilities
(lanjutan) (continued)
j.2. Penghentian pengakuan j.2. Derecognition
Bank dan Entitas Anak menghentikan The Bank and Subsidiary derecognise a
pengakuan aset keuangan pada saat hak financial asset when the contractual rights to
kontraktual atas arus kas yang berasal dari the cash flows from the financial asset expire,
aset keuangan tersebut kadaluwarsa, atau or when the Bank and Subsidiary transfer the
Bank dan Entitas Anak mentransfer seluruh rights to receive the contractual cash flows on
hak untuk menerima arus kas kontraktual the financial asset in a transaction in which
dari aset keuangan dalam transaksi dimana substantially all the risks and rewards of
Bank dan Entitas Anak secara substansial ownership of the financial asset are
telah mentransfer seluruh risiko dan manfaat transferred. Any interest in transferred
atas kepemilikan aset keuangan yang financial assets that is created or retained by
ditransfer. Setiap hak atau liabilitas atas aset the Bank and Subsidiary is recognized as a
keuangan yang ditransfer yang timbul atau separate asset or liability.
yang masih dimiliki oleh Bank dan Entitas
Anak diakui sebagai aset atau liabilitas
secara terpisah.
Bank dan Entitas Anak menghentikan The Bank and Subsidiary derecognise a
pengakuan liabilitas keuangan pada saat financial liability when its contractual
liabilitas yang ditetapkan dalam kontrak obligations are discharged or cancelled or
dilepaskan atau dibatalkan atau expired.
kadaluwarsa.
Dalam transaksi dimana Bank dan Entitas In transactions in which the Bank and
Anak secara substansial tidak memiliki atau Subsidiary neither retain nor transfer
tidak mentransfer seluruh risiko dan manfaat substantially all the risks and rewards of
atas kepemilikan aset keuangan. Bank dan ownership of a financial asset, the Bank and
Entitas Anak menghentikan pengakuan aset Subsidiary derecognise the asset if they do not
tersebut jika Bank dan Entitas Anak tidak retain control over the asset. The rights and
lagi memiliki pengendalian atas aset obligations retained in the transfers are
tersebut. Hak dan kewajiban yang masih recognized separately as assets and liabilities
dimiliki dalam transfer tersebut diakui secara as appropriate. In transfers in which control
terpisah sebagai aset atau liabilitas. Dalam over the asset is retained, the Bank and
transfer dimana pengendalian atas aset Subsidiary continue to recognise the asset to
masih dimiliki, Bank dan Entitas Anak tetap the extent of their continuing involvement,
mengakui aset yang ditransfer tersebut determined by the extent to which it is exposed
sebesar keterlibatan berkelanjutan, dimana to changes in the value of the transferred
tingkat keberlanjutan Bank dan Entitas Anak asset.
dalam aset yang ditransfer adalah sebesar
perubahan nilai aset yang ditransfer.
Bank dan Entitas Anak menghapus bukukan The Bank and Subsidiary write off a financial
aset keuangan dan cadangan kerugian asset and any related allowance for
penurunan nilai terkait, pada saat Bank dan impairment losses, when the Bank and
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Entitas Anak menentukan bahwa aset Subsidiary determine that the financial asset is
keuangan tersebut tidak dapat ditagih completely uncollectible. This determination is
seluruhnya. Keputusan ini diambil setelah reached after considering information such as
mempertimbangkan informasi seperti telah the occurrence of significant changes in the
terjadinya perubahan signifikan pada posisi financial position of borrower/financial asset’s
keuangan debitur/penerbit aset keuangan issuer such that the borrower/financial asset’s
sehingga debitur/penerbit aset keuangan issuer can no longer pay the obligation, or that
tidak lagi dapat melunasi kewajibannya, proceeds from collateral will not be sufficient to
atau hasil penjualan agunan tidak akan pay back the entire exposure.
cukup untuk melunasi seluruh eksposur
yang diberikan.
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
3. IKHTISAR KEBIJAKAN AKUNTANSI YANG 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
j. Aset keuangan dan liabilitas keuangan j. Financial assets and financial liabilities
(lanjutan) (continued)
j.3. Saling hapus j.3. Offsetting
Aset keuangan dan liabilitas keuangan Financial assets and liabilities are offset and
disalinghapuskan dan jumlah netonya the net amount is reported in the statement
dilaporkan pada laporan posisi keuangan of financial position when there is a legally
ketika terdapat hak yang berkekuatan enforceable right to offset the recognized
hukum untuk melakukan saling hapus atas amounts and there is an intention to settle on
jumlah yang telah diakui tersebut dan a net basis, or realise the asset and settle the
adanya niat untuk menyelesaikan liabilitas liability simultaneously. The legally
secara bersamaan. Hak saling hapus tidak enforceable right must not be contingent on
kontijen atas peristiwa di masa depan dan future events and must be enforceable in the
dapat dipaksakan secara hukum dalam normal course of business and in the event
situasi bisnis yang normal dan dalam of default, or in solvency or bankruptcy of the
peristiwa gagal bayar, atau peristiwa Bank and Subsidiary or the counterparty.
kepailitan atau kebangkrutan Bank dan
Entitas Anak atau pihak lawan.
Pendapatan dan beban disajikan dalam Income and expenses are presented on a
jumlah bersih hanya jika diperkenankan oleh net basis only when permitted by the
standar akuntansi. accounting standards.
k. Aset tetap dan aset takberwujud k. Fixed assets and intangible assets
Aset tetap Fixed assets
Tanah tidak disusutkan. Sejak tanggal Land is not depreciated. Since 28 February 2016
28 Februari 2016 tanah dinilai dengan metode land is measured using revaluation method.
revaluasi. Tanah disajikan sebesar nilai wajar Land is shown at fair value, based on valuation
berdasarkan penilaian yang dilakukan oleh performed by external independent valuer which
penilai independen eksternal yang telah is registered at OJK. Valuations are performed
terdaftar di OJK. Penilaian atas aset tersebut with sufficient regularity to ensure that the fair
dilakukan secara berkala untuk memastikan value of a revalued asset does not differ
bahwa nilai wajar aset yang direvaluasi tidak materially from its carrying amount. Fair value
berbeda secara material dengan jumlah changes are recognized as “asset revaluation
tercatatnya. Selisih nilai wajar diakui sebagai reserve” which is an equity component.
“cadangan revaluasi aset” yang merupakan
komponen ekuitas.
Jika aset yang direvaluasi dijual, jumlah yang When revalued assets are sold, the amounts
dicatat di dalam ekuitas dipindahkan ke saldo included in equity are transferred to retained
laba. earnings.
Revaluasi atas tanah dilakukan kembali pada Revaluation of land was carried out again on
tanggal 31 Desember 2018 oleh penilai 31 December 2018 by an independent appraiser
independen dan pada tahun 2023 dan 2022 and in 2023 and 2022 internally. No bookkeeping
secara internal. Tidak dilakukan pembukuan was made of the revaluation surplus of land and
atas surplus revaluasi aset tanah dan bangunan building assets for 2018 because there was no
untuk tahun 2018 karena tidak terdapat significant change in value from the revaluation
perubahan nilai yang signifikan dari hasil results.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
revaluasi.
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
3. IKHTISAR KEBIJAKAN AKUNTANSI YANG 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
k. Aset tetap dan aset takberwujud (lanjutan) k. Fixed assets and intangible assets
(continued)
Aset tetap (lanjutan) Fixed assets (continued)
Aset tetap, selain tanah, dinyatakan sebesar Fixed assets, except land, are stated at
biaya perolehan dikurangi akumulasi acquisition cost less accumulated depreciation
penyusutan dan rugi penurunan nilai (jika ada). and impairment losses (if any). Acquisition cost
Biaya perolehan termasuk biaya penggantian includes the cost of replacing parts of fixed
bagian aset tetap saat biaya tersebut terjadi, jika assets when the cost is incurred, if the
memenuhi kriteria pengakuan. Semua biaya recognition criteria are met. All other repair and
pemeliharaan dan perbaikan yang tidak maintenance costs which do not meet the
memenuhi kriteria pengakuan diakui dalam laba recognition criteria are recognized in profit or
rugi pada saat terjadinya. Pada setiap tanggal loss as incurred. At each reporting date, the
pelaporan, nilai residu, umur manfaat, dan residual value, useful life, and depreciation
metode penyusutan ditelaah kembali dan jika method are reviewed and if appropriate with the
sesuai dengan keadaan, disesuaikan secara condition, adjusted prospectively.
prospektif.
Aset tetap, selain tanah, disusutkan selama Fixed assets, except land, are depreciated over
taksiran masa manfaat ekonomis aset tetap their expected useful lives using straight-line
dengan metode garis lurus dan diakui sebesar method and are stated at acquisition cost less
harga perolehan setelah dikurangi dengan accumulated depreciation.
akumulasi penyusutan.
Taksiran masa manfaat ekonomis aset tetap The expected useful lives of fixed assets are as
adalah sebagai berikut: follows:
Tahun/Years
Gedung 20 Buildings
Golongan I: Class I:
Kendaraan bermotor 4 Vehicles
Perlengkapan kantor 4&8 Office equipment
Golongan II: Class II:
Kendaraan bermotor 3 Vehicles
Perlengkapan kantor 5&8 Office equipment
Leasehold improvement sesuai masa sewa/according to Leasehold improvement
lease period
Perlengkapan kantor terdiri dari perabotan dan Office equipment consists of furniture and
perlengkapan, instalasi, perangkat keras fixture, installation, computer hardware,
komputer, peralatan komunikasi dan peralatan communication and other office equipment.
kantor lainnya.
Jumlah tercatat aset tetap dihentikan The carrying amount of fixed assets is
pengakuannya pada saat dilepaskan atau saat derecognized upon disposal or when no future
tidak ada manfaat ekonomis masa depan yang economic benefits are expected from its use or
diharapkan dari penggunaan atau disposal. Any gains or losses arising from
pelepasannya. Laba atau rugi yang timbuldari derecognition of fixed assets (calculated as the
penghentian pengakuan aset (dihitung sebagai difference between the net proceeds from
perbedaan antara jumlah neto hasil pelepasan disposal and the carrying amount of the assets)
dan jumlah tercatat dari aset) diakui dalam laba are recognized in profit or loss in the period when
rugi pada periode aset tersebut dihentikan those assets are derecognized.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
pengakuannya.
Bank dan Entitas Anak menelaah apakah The Bank and Subsidiary review whether there
terdapat indikasi penurunan nilai aset pada are indications of impairment on reporting date.
tanggal pelaporan. Apabila terdapat indikasi If there are any indications of impairment, the
penurunan nilai aset, Bank dan Entitas Anak Bank and Subsidiary estimate the recoverable
mengestimasi jumlah yang dapat diperoleh amount of the asset. Impairment losses are
kembali dari aset tersebut. Kerugian penurunan charged to the current year profit or loss.
nilai diakui dalam laba rugi tahun berjalan.
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
3. IKHTISAR KEBIJAKAN AKUNTANSI YANG 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
k. Aset tetap dan aset takberwujud (lanjutan) k. Fixed assets and intangible assets
(continued)
Aset takberwujud Intangible assets
Piranti lunak diakui sebesar harga perolehan Software is recognized at acquisition cost and
dan selanjutnya dicatat sebesar harga subsequently carried at acquisition cost less
perolehan dikurangi akumulasi amortisasi. accumulated amortisation.
Biaya yang terkait dengan pemeliharaan Costs associated with maintaining software
program piranti lunak diakui sebagai beban programs are recognized as expense when
pada saat terjadinya. Biaya pengembangan incurred. Development costs, which are directly
yang dapat secara langsung diatribusikan dalam attributable to the design and testing of
pembuatan dan pengujian produk piranti lunak identifiable software by the Bank and Subsidiary,
yang dapat diidentifikasi oleh Bank dan Entitas is recognized as intangible assets.
Anak diakui sebagai aset takberwujud.
Biaya yang dapat diatribusikan secara langsung Directly attributable costs are capitalised as part
dikapitalisasi sebagai bagian produk piranti of the software product which include the
lunak mencakup beban pekerja pengembang software development employee costs and an
piranti lunak dan bagian overhead yang relevan. appropriate portion of relevant overheads.
Pengeluaran pengembangan yang lain yang Other development expenditures which do not
tidak memenuhi kriteria ini diakui sebagai beban meet these criteria, are recognized as expenses
pada saat terjadinya. Biaya pengembangan as incurred. Development costs previously
yang sebelumnya diakui sebagai beban tidak recognized as expenses are not recognized as
dapat diakui sebagai aset pada periode assets in a subsequent period.
berikutnya.
Biaya pengembangan piranti lunak diakui Software development costs recognized as
sebagai aset yang diamortisasi selama estimasi assets are amortised over their estimated useful
masa manfaat, yang tidak lebih dari empat lives, which do not exceed four and five years or
tahun dan lima tahun atau tidak lebih dari tarif do not exceed 25% and 20% amortisation rate
amortisasi 25% dan 20% dan dihitung dengan and calculated using the straight-line method.
menggunakan metode garis lurus.
Aset takberwujud dihentikan pengakuannya saat Intangible assets shall be derecognized on
aset tersebut dilepas atau ketika tidak lagi disposal or when no future economic benefits are
terdapat manfaat masa depan yang diharapkan expected from its use or disposal.
dari penggunaan atau pelepasannya.
l. Aset lain-lain l. Other assets
Aset lain-lain antara lain terdiri dari uang muka, Other assets consist of advances, security
setoran jaminan, dan lain-lain. deposits, and others.
Bank dan Entitas Anak mengakui kerugian The Bank and Subsidiary recognise impairment
penurunan nilai untuk aset lain-lain apabila of other assets if the recoverable amount of the
PT Bank BTPN Syariah Tbk | 2023 Annual Report
taksiran jumlah yang dapat diperoleh kembali assets is lower than the carrying value. At each
(recoverable amount) dari suatu aset lebih reporting date, the Bank and Subsidiary evaluate
rendah dari nilai tercatatnya. Pada setiap tanggal the recoverable amount of the assets to
pelaporan, Bank dan Entitas Anak melakukan determine whether there is an indication of
penelaahan atas jumlah yang dapat dipulihkan impairment. The impairment losses are
untuk menentukan apakah terdapat indikasi recognized in the current year profit or loss.
penurunan nilai. Kerugian penurunan nilai diakui
dalam laba rugi tahun berjalan.
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
3. IKHTISAR KEBIJAKAN AKUNTANSI YANG 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
m. Liabilitas segera m. Liabilities due immediately
Liabilitas segera merupakan kewajiban Bank Liabilities due immediately represent the Bank
dan Entitas Anak kepada pihak lain yang sifatnya and Subsidiary’s liabilities to other parties which
wajib segera dibayarkan sesuai perintah should be settled immediately based on
pemberi amanat perjanjian yang ditetapkan predetermined instructions by those having the
sebelumnya. Liabilitas segera dinyatakan authority. Liabilities due immediately are stated
sebesar nilai kewajiban Bank dan Entitas Anak at the amounts of the Bank and Subsidiary’s
kepada pemberi amanat. liabilities to the trustee.
n. Simpanan nasabah n. Deposits from customers
Simpanan nasabah adalah dana yang Deposits from customers are the funds placed by
dipercayakan oleh masyarakat kepada Bank customers to the Bank based on fund deposits
berdasarkan perjanjian penyimpanan dana. agreements. Included in these accounts are
Termasuk di dalamnya adalah giro wadiah dan wadiah demand deposits and wadiah saving
tabungan wadiah. deposits.
Giro wadiah merupakan giro wadiah yadh- Wadiah demand deposits are wadiah yadh-
dhamanah yakni titipan dana pihak lain dimana dhamanah demand deposits in which the funds
pemilik dana mendapatkan bonus berdasarkan owners will get bonus based on the Bank’s
kebijakan Bank. Giro wadiah dicatat sebesar policy. Wadiah demand deposits are stated at
saldo titipan pemegang giro wadiah. the amount entrusted by depositors.
Tabungan wadiah merupakan simpanan pihak Wadiah saving deposits represent third party
lain yang bisa diambil kapan saja funds which can be taken at any time (on call) or
(on call) atau berdasarkan kesepakatan dimana by an agreement which required no reward
tidak ada imbalan yang disyaratkan kecuali except in the form of bonus ('Athaya’) provided
dalam bentuk pemberian (‘Athaya’) sukarela dari by the Bank voluntarily.
pihak Bank.
o. Pinjaman yang diterima o. Borrowings
Pada saat pengakuan awal, pinjaman diakui Borrowings are initially recognized at fair value,
sebesar nilai wajar, dikurangi dengan biaya- net of transaction costs incurred. Borrowings are
biaya transaksi yang terjadi. Selanjutnya, subsequently carried at amortized cost; any
pinjaman yang diterima diukur sebesar biaya difference between the proceeds (net of
perolehan diamortisasi; selisih antara transaction costs) and the redemption value is
penerimaan (dikurangi biaya transaksi) dan nilai recognized in the profit or loss over the period of
pelunasan dicatat pada laba rugi selama periode the borrowings using the effective interest rate
pinjaman dengan menggunakan metode suku method.
bunga efektif.
Biaya yang dibayar untuk memperoleh fasilitas Fees paid on the establishment of loan facilities
pinjaman diakui sebagai biaya transaksi are recognized as transaction costs of the loan
pinjaman sepanjang besar kemungkinan to the extent that it is probable that some or all
sebagian atau seluruh fasilitas akan ditarik. of the facility will be drawdown. In this case, the
Dalam hal ini, biaya memperoleh pinjaman fee is deferred until the draw-down occurs. To
ditangguhkan sampai penarikan pinjaman the extent that there is no evidence that it is
terjadi. Sepanjang tidak terdapat bukti bahwa probable that some or all of the facility will be
PT Bank BTPN Syariah Tbk | 2023 Annual Report
besar kemungkinan sebagian atau seluruh drawdown, the fee is capitalised as a pre-
fasilitas akan ditarik, biaya memperoleh payment for liquidity services and amortized
pinjaman dikapitalisasi sebagai pembayaran over the period of the facility to which it relates.
dimuka untuk jasa likuiditas dan diamortisasi
selama periode fasilitas yang terkait.
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
3. IKHTISAR KEBIJAKAN AKUNTANSI YANG 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
p. Dana syirkah temporer p. Temporary syirkah funds
Dana syirkah temporer merupakan investasi Temporary syirkah funds represent investments
dengan akad mudharabah mutlaqah, yaitu from other parties conducted on the basis
pemilik dana (shahibul maal) memberikan mudharabah mutlaqah contract in which the
kebebasan kepada pengelola dana owners of the funds (shahibul maal) grant
(mudharib/Bank) dalam pengelolaan freedom to the fund manager (mudharib/Bank) in
investasinya sesuai prinsip syariah dengan the management of their investments according
keuntungan dibagikan sesuai kesepakatan. to sharia principle with profit distributed based on
Dana syirkah temporer terdiri dari tabungan the agreement. Temporary syirkah funds consist
mudharabah dan deposito mudharabah. of mudharabah saving accounts and
mudharabah time deposits.
Tabungan mudharabah merupakan investasi Mudharabah saving accounts represent
yang bisa ditarik kapan saja (on call) atau sesuai investment which could be withdrawn anytime
dengan persyaratan tertentu yang disepakati. (on call) or can be withdrawn based on certain
Tabungan mudharabah dinyatakan sebesar agreed terms. Mudharabah saving accounts are
saldo tabungan nasabah di Bank. stated based on the customer’s savings deposit
balance at the Bank.
Deposito mudharabah merupakan investasi Mudharabah time deposits represent investment
yang hanya bisa ditarik pada waktu tertentu which can only be withdrawn at a certain time
sesuai dengan perjanjian antara pemegang based on the agreement between the customer
deposito mudharabah dengan Bank. Deposito and the Bank. Mudharabah time deposits are
mudharabah dinyatakan sebesar nilai nominal stated at nominal amount as agreed between the
sesuai dengan perjanjian antara pemegang deposit holder and the Bank.
deposito dengan Bank.
Dana syirkah temporer tidak dapat digolongkan Temporary syirkah funds cannot be classified as
sebagai liabilitas karena Bank tidak berkewajiban liability because the Bank does not have any
untuk menjamin pengembalian jumlah dana awal obligation to return the initial funds to the owners
dari pemilik dana bila Bank merugi kecuali if the Bank experiences losses, except for losses
kerugian akibat kelalaian atau wanprestasi. Di sisi due to the Bank’s management negligence or
lain, dana syirkah temporer tidak dapat default. On the other hand, temporary syirkah
digolongkan sebagai ekuitas karena mempunyai fund cannot be classified as equity because of the
waktu jatuh tempo dan pemilik dana tidak maturity period and the depositors do not have the
mempunyai hak kepemilikan yang sama dengan same rights as the shareholders, such as voting
pemegang saham seperti hak voting dan hak rights and the rights to the realised gain from
atas realisasi keuntungan yang berasal dari aset current assets and other non-investment
lancar dan aset non-investasi. accounts.
Pemilik dana syirkah temporer mendapatkan The owner of temporary syirkah funds receives
imbalan bagi hasil sesuai dengan nisbah yang a return from the profit sharing based on a
ditetapkan. predetermined ratio.
q. Pendapatan pengelolaan dana oleh Bank q. Income from fund management by the Bank
sebagai mudharib as mudharib
Pendapatan pengelolaan dana oleh Bank Income from fund management by the Bank as
sebagai mudharib terdiri atas pendapatan dari mudharib consists of income from sales and
jual beli-margin murabahah, pendapatan bagi purchases-murabahah margin, income from
hasil-pembiayaan musyarakah, dan profit sharing-musyarakah financing and other
pendapatan usaha utama lainnya. main operating income.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Pengakuan pendapatan atas piutang The revenue recognition of murabahah
murabahah yang tidak memiliki risiko yang receivables, which do not have significant risk in
signifikan terkait dengan kepemilikan relation with the ownership of inventory, are
persediaan diakui pada laba rugi dengan recognized in the profit or loss using the effective
menggunakan metode tingkat imbal hasil efektif. rate of return method.
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
3. IKHTISAR KEBIJAKAN AKUNTANSI YANG 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
q. Pendapatan pengelolaan dana oleh Bank q. Income from fund management by the Bank
sebagai mudharib (lanjutan) as mudharib (continued)
Tingkat imbal hasil efektif merupakan metode Effective rate of return is an allocation method of
alokasi pengakuan pendapatan dan merupakan revenue recognition and the rate which exactly
tingkat imbal hasil yang secara tepat discounts the estimated future cash receipts
mendiskontokan estimasi penerimaan kas di through the expected life of the murabahah
masa depan selama perkiraan umur dari piutang receivable to obtain the carrying amount of
murabahah untuk memperoleh nilai tercatat murabahah receivables. When calculating the
piutang murabahah. Pada saat menghitung effective rate of return, the Bank estimates future
tingkat imbal hasil efektif, Bank mengestimasi cash flows by considering all contractual terms
arus kas di masa datang dengan of the murabahah receivables, but does not
mempertimbangkan seluruh persyaratan consider the loss of receivables in the future.
kontraktual dalam piutang murabahah tersebut, This calculation includes all commissions,
tetapi tidak mempertimbangkan kerugian provisions and other forms received by the
piutang di masa mendatang. Perhitungan ini parties in a contract which are an integral part of
mencakup seluruh komisi, provisi dan bentuk the effective rate of return, transaction costs and
lain yang diterima oleh para pihak dalam akad all other premiums or discounts.
yang merupakan bagian tidak terpisahkan dari
tingkat imbal hasil efektif, biaya transaksi, dan
seluruh premi atau diskon lainnya.
Untuk pengakuan pendapatan atas piutang For the recognition of margin income on
murabahah yang telah direstrukturisasi dengan restructured murabahah receivables with
payment holiday atau skema penundaan payment holidays or a scheme to postpone
pembayaran cicilan, Bank hanya mengakui installment payments, the Bank will only
pendapatan marjin apabila Bank cukup yakin recognise margin income if the Bank has a
bahwa pembayaran angsuran akan diterima reasonable certainty that an installment payment
sesuai dengan kesepakatan dengan nasabah. will be received in accordance with the
agreement with the customers.
Pendapatan bagi hasil - pembiayaan Income from profit sharing - musyarakah
musyarakah diakui dalam periode terjadinya hak financing is recognized during the period of profit
bagi hasil sesuai nisbah yang disepakati. sharing in accordance with the pre-determined
ratio.
r. Hak pihak ketiga atas bagi hasil dana r. Third parties' shares on return of temporary
syirkah temporer syirkah funds
Hak pihak ketiga atas bagi hasil dana syirkah Third parties’ share on returns of temporary
temporer merupakan bagian bagi hasil milik syirkah funds represent customer’s share on the
nasabah yang didasarkan pada prinsip Bank’s income derived from the management of
mudharabah atas hasil pengelolaan dana their funds by the Bank under mudharabah
mereka oleh Bank. Pendapatan yang dibagikan principles. Income which will be distributed is the
adalah yang telah diterima (cash basis). cash received (cash basis).
Pendapatan marjin atas pembiayaan yang Margin income on financing facilities and other
diberikan dan atas aset produktif lainnya earning assets (placements with Bank Indonesia
(penempatan pada Bank Indonesia dan and investments in marketable securities) are
investasi pada surat berharga) akan dibagikan distributed to funds owners and the Bank based
kepada nasabah pemilik dana dan Bank sesuai on proportion of funds used in the financing and
dengan proporsi dana yang dipakai dalam other earning assets. Likewise, the available
pembiayaan yang diberikan dan aset produktif margin income then distributed to fund owners
PT Bank BTPN Syariah Tbk | 2023 Annual Report
lainnya. Selanjutnya, pendapatan marjin yang as shahibul maal and the Bank as mudharib
tersedia tersebut kemudian didistribusikan ke based on a pre-determined ratio (nisbah).
nasabah pemilik dana sebagai shahibul maal
dan Bank sebagai mudharib sesuai porsi nisbah
bagi hasil yang telah disepakati bersama
sebelumnya.
Pendapatan marjin dari pembiayaan dan aset Margin income from financing facilities and other
produktif lainnya yang memakai dana Bank, earning assets using the Bank's funds, are
seluruhnya menjadi milik Bank, termasuk entirely belong to the Bank, including income
pendapatan dari transaksi Bank berbasis from the Bank's fee-based transactions.
imbalan.
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
3. IKHTISAR KEBIJAKAN AKUNTANSI YANG 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
s. Pendapatan dan beban operasional lainnya s. Other operating income and expenses
Beban operasional lainnya terutama beban Other operating expenses mostly consist of
umum dan administrasi serta beban tenaga general and administrative expenses and
kerja karyawan merupakan beban yang timbul personnel expenses which represent expenses
sehubungan dengan aktivitas kantor dan related to the Bank and Subsidiary’s office and
operasional Bank dan Entitas Anak, serta beban operational activities, including salaries and
yang berupa gaji karyawan, bonus, lembur, wages, bonuses, overtime, allowances and
tunjangan dan pelatihan. training.
Seluruh pendapatan dan beban yang terjadi All of these income and expenses are recorded
dibebankan pada laba rugi pada saat timbulnya in profit or loss when rights and obligations
hak dan kewajiban. incurred.
t. Imbalan kerja t. Employee benefits
Imbalan kerja jangka pendek Short-term employee benefits
Imbalan kerja jangka pendek diakui pada saat Short-term employee benefits are recognized
terutang kepada karyawan. when they are payable to the employees.
Imbalan pascakerja Post-employment benefits
Liabilitas imbalan pasca-kerja untuk karyawan The obligation for post-employment benefits of
tetap dihitung sebesar nilai kini estimasi jumlah permanent employee is calculated at the present
liabilitas imbalan pasca-kerja di masa depan value of estimated future benefits that the
yang timbul dari jasa yang telah diberikan oleh employees have earned in return for their
karyawan pada masa kini dan masa lalu. services in the current and prior periods. The
Perhitungan dilakukan oleh aktuaris calculation is performed by a qualified actuary
berkualifikasi dengan metode projected unit using the projected unit credit method.
credit.
Keuntungan atau kerugian yang timbul dari Gains or losses arising from actuarial
pengukuran kembali aktuarial atas liabilitas remeasurements of the net defined benefit
imbalan pasti neto diakui segera dalam liability are recognized immediately in other
penghasilan komprehensif lain. Ketika manfaat comprehensive income. When the benefits of a
suatu program diubah atau terjadi kurtailmen, plan are changed or when a plan is curtailed, the
perubahan manfaat yang terkait dengan jasa resulting change in benefit that relates to past
lalu atau keuntungan atau kerugian dari service or the gain or loss on curtailment is
kurtailmen diakui segera dalam laba rugi. recognized immediately in profit or loss.
Pada 31 Desember 2023 dan 2022, liabilitas As of 31 December 2023 and 2022, PKWT
imbalan pasca-kerja untuk karyawan PKWT employee post-employment benefit obligations
(Perjanjian Kerja Waktu Tertentu) dihitung (Specific Time Employment Agreements) are
secara internal dengan metode historical calculated internally using the historical stayrate
stayrate. method.
Imbalan kerja jangka panjang lainnya Other long-term employee benefits
Kewajiban bersih Bank sehubungan dengan The Bank’s net obligation in respect of long-term
imbalan kerja jangka panjang selain imbalan employee benefits other than post-employment
pascakerja adalah jumlah imbalan masa depan benefits is the amount of future benefits that
yang diterima karyawan sebagai imbalan atas employees have earned in return for their
PT Bank BTPN Syariah Tbk | 2023 Annual Report
jasa periode kini dan periode lalu. Imbalan ini services in the current and prior periods. These
dihitung dengan menggunakan metode benefits are calculated using the projected unit
projected unit credit dan didiskontokan ke nilai credit method and discounted to present value.
kini. Keuntungan dan kerugian aktuarial yang Actuarial gains and losses arising from
timbul dari penyesuaian dan perubahan dalam experience adjustments and changes in
asumsi-asumsi aktuarial diakui dalam laba rugi actuarial assumptions are recognized in the
tahun berjalan. current year profit or loss.
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
3. IKHTISAR KEBIJAKAN AKUNTANSI YANG 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
u. Pajak penghasilan u. Income tax
Beban pajak penghasilan terdiri dari pajak kini Income tax expense consists of current and
dan pajak tangguhan. Beban pajak penghasilan deferred income tax. Income tax expense is
diakui pada laba rugi, kecuali untuk komponen recognized in profit or loss except to the extent
yang diakui secara langsung di ekuitas atau di that it relates to items recognized directly in
penghasilan komprehensif lain. equity or in other comprehensive income.
Beban pajak kini merupakan jumlah pajak yang Current tax expense is the amount of tax paid, or
dibayar, atau terutang atas laba atau rugi kena payable on taxable income or loss for the year
pajak untuk tahun yang bersangkutan dengan using tax rates substantively enacted as of the
menggunakan tarif pajak yang secara substantif reporting date. Current tax also includes true-up
telah berlaku pada tanggal pelaporan. Pajak kini adjustments made to the previous years' tax
juga termasuk penyesuaian yang dibuat untuk provisions either to reconcile them with the
penyisihan pajak tahun sebelumnya, baik untuk income tax reported in annual tax returns, or to
merekonsiliasi pajak penghasilan dengan pajak account for differences arising from tax
yang dilaporkan di surat pemberitahuan assessments. Current tax expense is measured
tahunan, atau untuk memperhitungkan using the best estimate of the amount expected
perbedaan yang muncul dari pemeriksaan to be paid or received, taking into consideration
pajak. Beban pajak kini diukur menggunakan the uncertainty associated with the complexity of
estimasi terbaik dari jumlah yang tax regulations.
diekspektasikan akan dibayar atau diterima,
mempertimbangkan ketidakpastian terkait
dengan kompleksitas peraturan perpajakan.
Pajak tangguhan diakui atas perbedaan Deferred tax is recognized in respect of
temporer antara nilai tercatat aset dan liabilitas temporary differences between the carrying
untuk tujuan pelaporan keuangan dan nilai yang amounts of assets and liabilities for financial
digunakan untuk tujuan perpajakan. Pajak reporting purposes and the amounts used for
tangguhan diukur dengan menggunakan tarif taxation purposes. Deferred tax is measured at
pajak yang diharapkan untuk diterapkan atas the tax rates that are expected to be applied to
perbedaan temporer pada saat pembalikan, temporary differences when they reverse, based
berdasarkan peraturan yang telah berlaku atau on the laws that have been enacted or
secara substantif telah berlaku pada tanggal substantively enacted as of the reporting date.
pelaporan.
Kebijakan akuntansi ini juga mengharuskan This accounting policy also requires the
pengakuan manfaat pajak, seperti rugi fiskal recognition of tax benefits, such as tax loss
yang belum dikompensasi, yang timbul dari carryforwards, which are originated in the
periode berjalan yang diharapkan akan current period that are expected to be realized in
direalisasi pada masa mendatang, apabila the future periods, to the extent that realization
besar kemungkinan manfaat pajak tersebut of such benefits is probable.
dapat direalisasi.
Aset pajak tangguhan merupakan saldo bersih Deferred tax assets represent the net remaining
dari manfaat pajak tangguhan yang timbul dan balance of deferred tax benefits that have been
dipergunakan sampai dengan tanggal originated and utilized through the reporting
pelaporan. Aset pajak tangguhan ditelaah ulang date. Deferred tax assets are reviewed at each
pada setiap tanggal pelaporan dan dikurangkan reporting date and are reduced to the extent that
dengan manfaat pajak sejumlah nilai yang besar it is no longer probable that the related tax
PT Bank BTPN Syariah Tbk | 2023 Annual Report
kemungkinan tidak dapat terealisasi; benefits will be realized; such reductions are
pengurangan tersebut akan dibalik ketika reversed when the probability of their realization
kemungkinan realisasi melalui laba kena pajak through future taxable profits improves.
di masa depan meningkat.
Aset pajak tangguhan yang belum diakui dinilai Unrecognized deferred tax assets are
kembali pada setiap tanggal pelaporan dan reassessed at each reporting date and
diakui sepanjang kemungkinan besar laba kena recognized to the extent that it has become
pajak masa depan akan tersedia untuk probable that future taxable profits will be
digunakan. available against which they can be used.
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
3. IKHTISAR KEBIJAKAN AKUNTANSI YANG 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
u. Pajak penghasilan (lanjutan) u. Income tax (continued)
Bank dan Entitas Anak telah menentukan The Bank and Subsidiary have determined that
bahwa bunga dan penalti sehubungan dengan interest and penalties related to income taxes,
pajak penghasilan, termasuk yang mungkin including those that may materialize in
diterima dalam kaitannya dengan posisi pajak connection with uncertain tax positions, do not
yang mengandung ketidakpastian, tidak meet the definition of income taxes, and
memenuhi definisi pajak penghasilan, dan therefore are accounted in accordance with
dengan demikian diperlakukan sesuai dengan PSAK 57, Provisions, Contingent Liabilities and
PSAK 57, Provisi, Liabilitas Kontinjensi dan Aset Contingent Assets.
Kontinjensi.
Koreksi atas kewajiban pajak diakui pada saat Amendments to tax obligations are recognized
surat ketetapan pajak diterima, atau apabila when a tax assessment letter is received, or if
diajukan keberatan dan atau banding, maka objection and or appeal is applied, when the
koreksi diakui pada saat keputusan atas results of the objection or the appeal are
keberatan atau banding itu diterima. received.
v. Transaksi sewa v. Lease transaction
Pada tanggal insepsi suatu kontrak, Bank dan At inception of a contract, the Bank and
Entitas Anak menilai apakah suatu kontrak Subsidiary determine if a contract is, or contains,
merupakan, atau mengandung, sewa dengan a lease by considering whether the contract
mempertimbangkan apakah kontrak tersebut conveys the right to control the use of an
memberikan hak untuk mengendalikan identified asset for a period of time in exchange
penggunaan suatu aset identifikasian selama for a consideration. A contract conveys the right
suatu jangka waktu untuk dipertukarkan dengan to control the use of an identified asset if all of the
imbalan. Suatu kontrak memberikan hak untuk following conditions are met:
mengendalikan penggunaan suatu aset
identifikasian jika semua kondisi di bawah
dipenuhi:
- kontrak tersebut melibatkan penggunaan - the contract involves the use of substantially
secara substansial seluruh kapasitas dari all of the capacity of an identified asset that
aset identifikasian yang secara fisik berbeda is physically distinct (as specified explicitly or
(sebagaimana ditentukan secara eksplisit implicitly in the contract). If the supplier has
atau implisit dalam kontrak). Jika pemasok a substantive substitution right, then the
memiliki hak substitusi yang substantif, asset cannot be considered as identifiable;
maka aset tersebut tidak dapat dianggap
sebagai dapat diidentifikasi;
- Bank dan Entitas Anak memiliki hak untuk - the Bank and Subsidiary have the right to
memperoleh secara substansial semua obtain substantially all of the economic
manfaat ekonomi dari penggunaan aset benefits from the use of the asset throughout
selama periode penggunaan; dan the period of use; and
- Bank dan Entitas Anak memiliki hak untuk - the Bank and Subsidiary have the right to
PT Bank BTPN Syariah Tbk | 2023 Annual Report
mengarahkan penggunaan aset: yaitu direct the use of the asset: i.e. they have
memiliki hak pengambilan keputusan yang decision-making rights that are most relevant
paling relevan untuk mengubah bagaimana to changing how and for what purpose the
dan untuk tujuan apa aset tersebut asset is used.
digunakan.
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
3. IKHTISAR KEBIJAKAN AKUNTANSI YANG 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
v. Transaksi sewa (lanjutan) v. Lease transaction (continued)
Pada saat insepsi atau penilaian kembali At inception or on reassessment of a contract
sebuah kontrak yang berisi komponen sewa, that contains a lease component, the Bank and
Bank dan Entitas Anak mengalokasikan imbalan Subsidiary allocate the consideration in the
dalam kontrak tersebut kepada setiap contract to each lease component on the basis
komponen sewa atas dasar harga relatif yang of their relative stand-alone prices.
berdiri sendiri.
Bank dan Entitas Anak mengakui aset hak-guna The Bank and Subsidiary recognise a right-of-
dan liabilitas sewa pada tanggal dimulainya use asset and a lease liability at the lease
sewa. Aset hak-guna awalnya diukur pada biaya commencement date. The right-of-use asset is
perolehan, yang terdiri dari jumlah pengukuran initially measured at cost, which comprises the
awal dari liabilitas sewa disesuaikan dengan initial amount of the lease liability adjusted for
pembayaran sewa yang dilakukan pada atau any lease payments made at or before the
sebelum tanggal permulaan, ditambah dengan commencement date, plus any initial direct
biaya langsung awal yang dikeluarkan dan costs incurred and an estimate of costs to
estimasi biaya untuk membongkar dan dismantle and remove the underlying asset or
memindahkan aset pendasar atau untuk to restore the underlying asset or the site on
merestorasi aset pendasar atau tempat di mana which it is located, less any lease incentives
aset berada, dikurangi insentif sewa yang received.
diterima.
Setelah tanggal permulaan, aset hak-guna After commencement date, right-of-use asset is
diukur dengan model biaya. Aset hak-guna measured using cost model. The right-of-use
selanjutnya disusutkan dengan menggunakan asset is subsequently depreciated using the
metode garis-lurus dari tanggal permulaan straight-line method from the commencement
hingga tanggal yang lebih awal antara akhir date to the earlier of the end of the useful life of
masa manfaat aset hak-guna atau akhir masa the right-of-use asset or the end of the lease
sewa. Taksiran masa manfaat aset hak-guna term. The estimated useful lives of right-of-use
ditentukan dengan basis yang sama dengan asset are determined on the same basis as
aset tetap. Selain itu, aset hak-guna secara those of fixed assets. In addition, the right-of-
berkala dikurangi dengan kerugian penurunan use asset is periodically reduced by impairment
nilai jika ada dan disesuaikan dengan losses if any and adjusted for certain
pengukuran kembali liabilitas sewa (seperti remeasurements (as described below) of the
dijelaskan di bawah). lease liability.
Liabilitas sewa awalnya diukur pada nilai kini The lease liability is initially measured at the
atas pembayaran sewa yang belum dibayar present value of the lease payments that are not
pada tanggal permulaan, didiskontokan yet paid at the commencement date, discounted
menggunakan suku bunga implisit dalam sewa using the interest rate implicit in the lease or, if
atau, jika suku bunga tersebut tidak dapat that rate cannot be readily determined, the Bank
ditentukan, digunakan suku bunga pinjaman and Subsidiary’s incremental borrowing rate.
inkremental Bank dan Entitas Anak. Umumnya, Generally, the Bank and Subsidiary use their
Bank dan Entitas Anak menggunakan suku incremental borrowing rate as the discount rate.
bunga pinjaman inkremental sebagai suku
bunga diskonto.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
39
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
3. IKHTISAR KEBIJAKAN AKUNTANSI YANG 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
v. Transaksi sewa (lanjutan) v. Lease transaction (continued)
Pembayaran sewa yang termasuk dalam Lease payments included in the measurement
pengukuran liabilitas sewa terdiri dari: of the lease liability consist of:
- Pembayaran tetap, termasuk pembayaran - Fixed payments, including in-substance
tetap secara-substansi, dikurangi insentif fixed payments, less lease incentives
sewa yang belum diterima; receivable;
- Pembayaran sewa secara variabel yang - Variable lease payments that depend on an
bergantung pada indeks atau suku bunga, index or a rate, initially measured using the
yang pada awalnya diukur menggunakan index or rate as at the commencement date;
indeks atau suku bunga pada tanggal
permulaan;
- Jumlah yang diperkirakan akan dibayarkan - Amounts expected to be payable under a
berdasarkan jaminan nilai residual; dan residual value guarantee; and
- Harga eksekusi opsi beli jika Bank dan Entitas - The exercise price under a purchase option
Anak cukup pasti untuk mengeksekusi opsi, that the Bank and Subsidiary are reasonably
pembayaran sewa dalam opsi periode certain to exercise, lease payments in an
perpanjangan jika Bank dan Entitas Anak option renewal period if the Bank and
cukup pasti untuk melaksanakan opsi Subsidiary are reasonably certain to exercise
perpanjangan, dan denda untuk penghentian an extension option, and penalties for early
sewa lebih awal kecuali Bank dan Entitas termination of a lease unless the Bank and
Anak yakin tidak menghentikan lebih awal. Subsidiary are reasonably certain not to
terminate early.
Liabilitas sewa diukur pada biaya perolehan The lease liability is measured at amortized cost
diamortisasi menggunakan metode suku bunga using the effective interest method. It is
efektif. Liabilitas sewa diukur kembali ketika ada remeasured when there is a change in future
perubahan pembayaran sewa masa depan lease payments arising from a change in an
yang timbul dari perubahan indeks atau suku index or rate, if there is a change in the Bank
bunga, jika ada perubahan estimasi Bank dan and Subsidiary’s estimate of the amount
Entitas Anak atas jumlah yang diperkirakan expected to be payable under a residual value
akan dibayar dalam jaminan nilai residual, atau guarantee, or if the Bank and Subsidiary change
jika Bank dan Entitas Anak mengubah their assessment of whether they will exercise a
penilaiannya apakah akan mengeksekusi opsi purchase, extension or termination option.
beli, perpanjangan atau penghentian.
Ketika liabilitas sewa diukur kembali dengan When the lease liability is remeasured in this
cara ini, penyesuaian terkait dilakukan terhadap way, a corresponding adjustment is made to the
jumlah tercatat aset hak-guna, atau dicatat carrying amount of the right-of-use assets, or is
dalam laba rugi jika jumlah tercatat aset hak- recorded in profit or loss if the carrying amount
guna telah berkurang menjadi nol. of the right-of-use asset has been reduced to
zero.
Aset hak-guna Bank dan Entitas Anak disajikan The Bank and Subsidiary’s right-of-use assets
sebagai bagian dari “Aset tetap”, dan liabilitas are presented as “Fixed assets” and lease
sewa secara terpisah di dalam laporan posisi liabilities are presented separately in the
keuangan konsolidasian. consolidated statements of financial position.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Bank dan Entitas Anak memilih untuk tidak The Bank and Subsidiary have elected not to
mengakui aset hak-guna dan liabilitas sewa recognize right-of-use assets and lease liabilities
untuk sewa jangka-pendek yang memiliki masa for short-term leases that have a lease term of 12
sewa 12 bulan atau kurang dan sewa atas aset months or less and leases of low-value assets.
bernilai-rendah. Bank dan Entitas Anak The Bank and Subsidiary recognize the lease
mengakui pembayaran sewa terkait dengan payments associated with these leases as an
sewa ini sebagai beban dengan dasar garis- expense on a straight-line basis over the lease
lurus selama masa sewa. term.
40
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
3. IKHTISAR KEBIJAKAN AKUNTANSI YANG 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
w. Transaksi dengan pihak-pihak berelasi w. Transactions with related parties
Dalam laporan keuangan konsolidasian ini, In these consolidated financial statements, the
istilah pihak-pihak berelasi digunakan sesuai term related parties are used as defined in the
dengan PSAK 7 mengenai “Pengungkapan PSAK 7 regarding “Related Party Disclosures”.
Pihak-Pihak Berelasi”.
x. Laba per saham x. Earnings per share
Laba bersih per saham dasar dihitung dengan Basic earnings per share are computed by
membagi laba bersih tahun berjalan dengan dividing net profit with the weighted average
rata-rata tertimbang jumlah saham biasa yang number of ordinary shares outstanding during
beredar pada tahun yang bersangkutan. the year.
Laba per saham dilusian dihitung dengan Diluted earnings per share is calculated by
membagi jumlah rata-rata tertimbang saham dividing the weighted average number of
biasa yang beredar dengan dampak dari semua ordinary shares outstanding plus the assumed
efek berpotensi saham biasa yang dilutif yang conversion of all dilutive potential ordinary
dimiliki Bank. shares owned by the Bank.
y. Beban emisi saham y. Shares issuance cost
Beban emisi saham disajikan sebagai bagian Shares issuance costs are presented as part of
dari tambahan modal disetor dan tidak additional paid-in capital and are not amortized.
diamortisasi.
z. Segmen operasi z. Operating segments
Segmen operasi adalah komponen dari Bank An operating segment is a component of Bank
dan Entitas Anak yang terlibat dalam aktivitas and Subsidiary that engage in business activities
bisnis yang menghasilkan pendapatan dan from which they may earn revenues and incur
menimbulkan beban, termasuk pendapatan dan expenses, including revenues and expenses that
beban yang terkait dengan transaksi dengan relate to transactions with any of the Bank and
komponen lain Bank dan Entitas Anak, dimana Subsidiary’s other components, whose operating
hasil operasinya dikaji ulang secara berkala oleh results are reviewed regularly by the operating
pengambil keputusan operasional untuk decision makers to make decisions about
membuat keputusan mengenai sumber daya resources allocated to the segment and assess
yang akan dialokasikan pada segmen tersebut its performance, and for which discrete financial
dan menilai kinerjanya, serta tersedia informasi information is available. Segment results that are
keuangan yang dapat dipisahkan. Hasil segmen reported to the Bank and Subsidiary’s Board of
yang dilaporkan kepada Direksi Bank dan Directors include items directly attributable to a
Entitas Anak meliputi komponen-komponen segment, as well as those that can be allocated
yang dapat diatribusikan secara langsung on a reasonable basis.
kepada suatu segmen, dan komponen-
komponen yang dapat dialokasikan dengan
dasar yang wajar.
aa. Pengukuran nilai wajar aa. Fair value measurement
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Nilai wajar adalah harga yang akan diterima Fair value is the price that would be received to
untuk menjual suatu aset atau harga yang akan sell an asset or paid to transfer a liability in an
dibayar untuk mengalihkan suatu liabilitas orderly transaction between market participants
dalam transaksi teratur (orderly transaction) at the measurement date in the principal market
antara pelaku pasar (market participants) pada or, in its absence, the most advantageous
tanggal pengukuran di pasar utama atau, jika market to which the Bank and Subsidiary have
tidak terdapat pasar utama, di pasar yang paling access at that date. The fair value of a liability
menguntungkan dimana Bank dan Entitas Anak reflects its non-performance risk.
memiliki akses pada tanggal tersebut. Nilai
wajar liabilitas mencerminkan risiko
wanprestasinya.
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
3. IKHTISAR KEBIJAKAN AKUNTANSI YANG 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
aa. Pengukuran nilai wajar (lanjutan) aa. Fair value measurement (continued)
Jika harga kuotasian tidak tersedia di pasar If there is no quoted price in an active market,
aktif, Bank dan Entitas Anak menggunakan then the Bank and Subsidiary use valuation
teknik penilaian dengan memaksimalkan techniques that maximise the use of relevant
penggunaan input yang dapat diobservasi dan observable inputs and minimise the use of
relevan dan meminimalkan penggunaan input unobservable inputs. The chosen valuation
yang tidak dapat diobservasi. Teknik penilaian technique incorporates all of the factors that
yang dipilih menggabungkan semua faktor yang market participants would take into account in
diperhitungkan oleh pelaku pasar dalam pricing a transaction.
penentuan harga transaksi.
Bukti terbaik atas nilai wajar pada saat The best evidence of the fair value at initial
pengakuan awal adalah harga transaksi, yaitu recognition is normally the transaction price, i.e.,
nilai wajar dari pembayaran yang diberikan atau the fair value of the consideration given or
diterima. Jika Bank dan Entitas Anak received. If the Bank and Subsidiary determine
menetapkan bahwa nilai wajar pada pengakuan that the fair value at initial recognition differs from
awal berbeda dengan harga transaksi dan nilai the transaction price and the fair value is
wajar tidak dapat dibuktikan dengan harga evidenced neither by a quoted price in an active
kuotasian di pasar aktif untuk aset atau liabilitas market for an identical asset or liability nor based
yang identik atau berdasarkan teknik penilaian on a valuation technique that uses only data from
yang hanya menggunakan data dari pasar yang observable markets, then the financial
dapat diobservasi, maka nilai wajar instrumen instrument is initially measured at fair value,
keuangan pada saat pengakuan awal adjusted to defer the difference between the fair
disesuaikan untuk menangguhkan perbedaan value at initial recognition and the transaction
antara nilai wajar pada saat pengakuan awal price. Subsequently, that difference is
dan harga transaksi. Setelah pengakuan awal, recognized in profit or loss on an appropriate
perbedaan tersebut diakui dalam laba rugi basis over the life of the instrument but no later
berdasarkan umur dari instrumen tersebut than when the valuation is wholly supported by
namun tidak lebih lambat dari saat penilaian observable market data or the transaction is
tersebut didukung sepenuhnya oleh data pasar closed out.
yang dapat diobservasi atau saat transaksi
ditutup.
ab. Saham tresuri ab. Treasury shares
Bank menetapkan metode biaya (cost method) The Bank uses cost method in recording the
dalam mencatat saham tresuri. Saham tresuri treasury shares. Treasury shares are recorded at
dicatat sebesar harga perolehan kembali saham reacquisition cost and presented as a deduction
dan disajikan sebagai pengurang ekuitas pada of equity in the consolidated statement of
laporan posisi keuangan konsolidasian. financial position.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
4. PENGGUNAAN ESTIMASI DAN PERTIMBANGAN 4. USE OF ESTIMATES AND JUDGEMENTS
Sumber utama ketidakpastian estimasi Key sources of estimation uncertainty
Informasi mengenai asumsi dan ketidakpastian Information about the assumptions and estimation
estimasi dijelaskan di bawah ini dan pada catatan- uncertainties is set out below and in the following
catatan di bawah ini: notes:
• Catatan 10 - cadangan kerugian penurunan nilai • Note 10 - allowance for impairment losses of
piutang murabahah murabahah receivables
• Catatan 38 - pengukuran liabilitas imbalan • Note 38 - measurement of post-employment
pascakerja dan imbalan jangka panjang lainnya: benefits liabilities and other long term benefits:
asumsi-asumsi aktuarial. actuarial assumptions.
Piutang murabahah dievaluasi untuk penurunan nilai Murabahah receivables are evaluated for impairment
berdasarkan metode seperti yang dijelaskan di on the methods described in Note 3g.
Catatan 3g.
Bank melakukan reviu atas aset keuangan pada The Bank reviews its financial assets at each
setiap tanggal laporan untuk melakukan penilaian reporting date to evaluate the allowance for
atas cadangan kerugian penurunan nilai yang telah impairment losses.
dicatat.
Perhitungan cadangan penurunan nilai kolektif Collectively assessed impairment allowances cover
meliputi kerugian kredit yang melekat dalam credit losses inherent in portfolios of the Bank’s
portofolio piutang murabahah Bank. Dalam menilai murabahah receivables. In assessing the need for
kebutuhan untuk cadangan penurunan nilai kolektif, collective impairment allowances, management
manajemen mempertimbangkan faktor-faktor considers factors such as financing quality,
seperti kualitas pembiayaan, karakteristik produk characteristic of products and whether the financing
dan apakah pembiayaan tersebut telah has been restructured.
direstrukturisasi.
Dalam mengestimasi cadangan yang diperlukan, In order to estimate the required allowance,
asumsi-asumsi dibuat untuk menentukan model assumptions are made to define the way inherent
kerugian bawaan dan untuk menentukan parameter losses are modeled and to determine the required
input yang diperlukan, berdasarkan pengalaman input parameters, based on historical experience and
historis dan kondisi ekonomi saat ini. Ketepatan dari current economic conditions. The accuracy of the
cadangan yang dihitung ini tergantung pada allowances calculated depends on how well the
seberapa tepat estimasi dan asumsi pada model dan estimates and assumptions on the model and
parameter yang digunakan dalam menentukan parameters used in determining collective
cadangan kolektif. allowances.
Pertimbangan akuntansi yang penting dalam Critical accounting judgments in applying the
menerapkan kebijakan akuntansi Bank Bank’s accounting policies
Klasifikasi investasi pada surat berharga Classification of investment in marketable
securities
Dalam mengklasifikasikan investasi pada surat In classifying investment in marketable securities as
PT Bank BTPN Syariah Tbk | 2023 Annual Report
berharga sebagai ”diukur pada biaya perolehan”, “measured at acquisition cost”, “measured at fair
”diukur pada nilai wajar melalui penghasilan value through other comprehensive income” and
komprehensif lain” dan ”diukur pada nilai wajar “measured at fair value through profit or loss”, the
melalui laba rugi”, Bank telah menetapkan bahwa Bank has determined that they meet the
investasi tersebut telah memenuhi persyaratan requirements of such classification as set out in
klasifikasi sebagaimana dijabarkan dalam Note 3e.
Catatan 3e.
43
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
4. PENGGUNAAN ESTIMASI DAN PERTIMBANGAN 4. USE OF ESTIMATES AND JUDGEMENTS
(lanjutan) (continued)
Pertimbangan akuntansi yang penting dalam Critical accounting judgments in applying the
menerapkan kebijakan akuntansi Bank (lanjutan) Bank’s accounting policies (continued)
Sewa (lanjutan) Leases (continued)
Dalam menentukan apakah suatu perjanjian In determining whether an arrangement is or contains
mengandung unsur sewa membutuhkan a lease requires careful judgement to assess whether
pertimbangan yang cermat untuk menilai apakah the arrangement conveys a right to obtain
perjanjian tersebut memberikan hak untuk substantially all the economic benefits from use of the
mendapatkan secara substansial seluruh manfaat asset throughout the period of use and right to direct
ekonomi dari penggunaan aset identifikasian dan the use of the asset, even if the right is not explicitly
hak untuk mengarahkan penggunaan aset specified in the arrangement.
identifikasian, bahkan jika hak tersebut tidak
dijabarkan secara eksplisit di perjanjian.
Karena Bank tidak dapat dengan mudah Since the Bank could not readily determine the
menentukan suku bunga implisit, manajemen implicit rate, management uses the Bank's
menggunakan suku bunga pinjaman inkremental incremental borrowing rate as a discount rate. There
Bank sebagai tingkat diskonto. Ada beberapa faktor is a number of factors to consider in determining an
yang perlu dipertimbangkan dalam menentukan incremental borrowing rate, many of which need
suku bunga pinjaman inkremental, yang banyak di judgement in order to be able to reliably quantify any
antaranya memerlukan pertimbangan untuk dapat necessary adjustments to arrive at the final discount
secara andal mengukur penyesuaian yang rates.
diperlukan untuk sampai pada tingkat diskonto akhir.
Dalam menentukan suku bunga pinjaman In determining incremental borrowing rate, the Bank
inkremental, Bank mempertimbangkan faktor-faktor considers the following main factors; the Bank's
utama berikut; risiko kredit Bank, jangka waktu credit risk, the lease term, the lease payment term,
sewa, jangka waktu pembayaran sewa, lingkungan the economic environment, the time at which the
ekonomi, kapan sewa dilakukan, dan mata uang lease is entered into, and the currency in which the
pembayaran sewa. lease payments are denominated.
Dalam menentukan jangka waktu sewa, Bank In determining the lease term, the Bank considers all
mempertimbangkan semua fakta dan keadaan yang facts and circumstances that create an economic
menimbulkan insentif ekonomi untuk menggunakan incentive to exercise an extension option, or not
opsi perpanjangan, atau tidak menggunakan opsi exercise a termination option. Extension options (or
penghentian. Opsi perpanjangan (atau periode periods after termination options) are only included
setelah opsi penghentian kontrak kerja) hanya in the lease term if the lease is reasonably certain to
termasuk dalam jangka waktu sewa jika cukup pasti be extended (or not terminated).
akan diperpanjang (atau tidak dihentikan).
5. KAS 5. CASH
Kas yang dimiliki seluruhnya dalam mata uang Cash was all denominated in Rupiah. As of
Rupiah. Pada tanggal 31 Desember 2023 dan 2022, 31 December 2023 and 2022, the balance of cash on
saldo kas dan kas pada vendor masing-masing hand and cash with vendors amounted to
sebesar Rp 268.665 (2022: Rp 283.721) dan Rp 268,665 (2022: Rp 283,721) and Rp 228,488
Rp 228.488 (2022: Rp 446.122). (2022: Rp 446,122), respectively.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
44
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Page 515
PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
6. GIRO DAN PENEMPATAN PADA BANK 6. CURRENT ACCOUNTS AND PLACEMENTS
INDONESIA WITH BANK INDONESIA
a. Berdasarkan jenis a. By type
2023 2022
Rupiah Rupiah
Wadiah current accounts with
Giro wadiah pada Bank Indonesia 663,443) 694,427) Bank Indonesia
Fasilitas Simpanan Bank Indonesia Bank Indonesia Sharia Deposit
Syariah (FASBIS) 100,000) 37,000) Facilities (FASBIS)
763,443) 731,427)
Pendapatan yang akan diterima dari Accrued income from placements
penempatan pada Bank Indonesia -) -) with Bank Indonesia
763,443) 731,427)
b. Berdasarkan jangka waktu b. By time period
Penempatan pada Bank Indonesia berdasarkan Placements with Bank Indonesia based on time
jangka waktu adalah sebagai berikut : period are as follows:
2023 2022
Hingga 1 bulan 100,000) 37,000) Up to 1 month
100,000) 37,000)
Pendapatan yang akan diterima dari Accrued income from placements
penempatan pada Bank Indonesia -) -) with Bank Indonesia
100,000) 37,000)
c. Berdasarkan sisa umur sampai dengan c. By remaining period to maturity date
tanggal jatuh tempo
Penempatan pada Bank Indonesia berdasarkan Placements with Bank Indonesia based on
sisa umur sampai dengan tanggal jatuh tempo remaining period to maturity date are as follows:
adalah sebagai berikut:
2023 2022
Hingga 1 bulan 100,000) 37,000) Up to 1 month
100,000) 37,000)
Pendapatan yang akan diterima dari Accrued income from placements
penempatan pada Bank Indonesia -) -) with Bank Indonesia
100,000) 37,000)
d. Informasi lainnya d. Other information
Pada tanggal 31 Desember 2023 dan 2022, rasio As of 31 December 2023 and 2022, the Bank’s
Giro Wajib Minimum (GWM) Total Bank adalah Total Minimum Reserve Requirement (GWM) ratio
masing-masing 5,54% dan 5,77% untuk Rupiah. was 5.54% and 5.77% for Rupiah, respectively.
Bank telah memenuhi peraturan Bank Indonesia The Bank has fulfilled the prevailing Bank
yang berlaku mengenai GWM. Indonesia regulation regarding GWM.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Bank menempatkan dana pada Fasilitas Bank The Bank placed its fund in Bank Indonesia
Indonesia Syariah (“FASBIS”) dengan rata-rata Sharia’s Deposit Facility (FASBIS) with average
tingkat imbalan dan bonus tahunan sebagai annual return and bonus rate as follows:
berikut:
2023 2022
FASBIS 5.06% 3.25% FASBIS
45
513
Page 516
PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
7. GIRO PADA BANK-BANK LAIN 7. CURRENT ACCOUNTS WITH OTHER BANKS
Giro pada bank-bank lain terdiri atas: Current accounts with other banks consist of:
2023 2022
Rupiah Rupiah
Pihak ketiga Third parties
PT Bank Syariah Indonesia Tbk 1,947) 857) PT Bank Syariah Indonesia Tbk
PT Bank Central Asia Tbk 988) 771) PT Bank Central Asia Tbk
PT Bank Mandiri (Persero) Tbk 250) 250) PT Bank Mandiri (Persero) Tbk
PT Bank CIMB Niaga Tbk 8) 10) PT Bank CIMB Niaga Tbk
3,193) 1,888)
Pihak berelasi Related parties
PT BANK BTPN Tbk (Catatan 39) 3,464) 8,982) PT BANK BTPN Tbk (Note 39)
6,657) 10,870)
USD USD
Pihak ketiga Third parties
PT Bank Syariah Indonesia Tbk 462) 467) PT Bank Syariah Indonesia Tbk
7,119) 11,337)
Pada tanggal 31 Desember 2023 dan 2022, seluruh As of 31 December 2023 and 2022, all current
giro pada bank-bank lain diklasifikasikan lancar accounts with other banks were classified as
berdasarkan kolektibilitas OJK. Tidak terdapat giro current based on OJK grading. There was no
pada bank-bank lain yang mengalami penurunan impaired current accounts with other banks.
nilai.
Manajemen berpendapat bahwa tidak diperlukan Management believes that no allowance for
adanya cadangan kerugian penurunan nilai. impairment losses is necessary.
8. PENEMPATAN PADA BANK-BANK LAIN 8. PLACEMENTS WITH OTHER BANKS
Seluruh penempatan pada bank-bank lain adalah All placements with other banks were denominated
dalam mata uang Rupiah dan ditempatkan pada in Rupiah and were placed with third parties by the
pihak ketiga oleh Entitas Anak, yang terdiri atas: Subsidiary, which consist of:
a. Berdasarkan jenis a. By type
Penempatan pada bank-bank lain (syariah) Placements with other banks (sharia)
2023 2022
Pihak ketiga Third parties
Deposito mudharabah Mudharabah time deposits
PT Bank Muamalat Indonesia Tbk 180,500) 186,000) PT Bank Muamalat Indonesia Tbk
PT Bank Aceh Syariah 50,000) -) PT Bank Aceh Syariah
PT Bank Mega Syariah 7,500) 44,500) PT Bank Mega Syariah
238,000) 230,500)
b. Berdasarkan sisa umur sampai dengan b. By remaining period to maturity
tanggal jatuh tempo
2023 2022
Hingga 1 bulan 129,500) 230,500) Up to 1 month
> 1 - 3 bulan 108,500) -) > 1 - 3 months
238,000) 230,500)
PT Bank BTPN Syariah Tbk | 2023 Annual Report
c. Tingkat imbal hasil c. Rate of returns
Rata-rata tingkat imbal hasil setahun untuk The average annual rate of return per annum
deposito mudharabah yang diterima Bank pada for mudharabah time deposits as of
tanggal 31 Desember 2023 dan 2022 masing- 31 December 2023 and 2022 was 6.39% and
masing sebesar 6,39% dan 5,38%. 5.38%, respectively.
46
514
Page 517
PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
9. INVESTASI PADA SURAT BERHARGA 9. INVESTMENTS IN MARKETABLE SECURITIES
a. Berdasarkan kategori dan penerbit a. By category and issuer
Surat berharga adalah dalam mata uang Rupiah dan Marketable securities were denominated in Rupiah
USD yang ditempatkan pada Bank Indonesia dan and USD were placed with Bank Indonesia and third
pihak ketiga yang terdiri dari: parties, which consist of:
2023
Keuntungan Premium yang
Nilai yang belum belum
nominal/ direalisasi/ diamortisasi/ Nilai tercatat/
Nominal Unrealised Unamortised Carrying
value gains Premium amount
Rupiah Rupiah
Diukur pada nilai wajar Measured at fair value through
melalui penghasilan other comprehensive
komprehensif lain: income:
Reksa dana syariah 205,000) 183) -) 205,183) Sharia mutual funds
205,000) 183) -) 205,183)
Diukur pada biaya Measured at
perolehan: acquisition cost:
Sertifikat Investasi Certificate of Interbank
Mudharabah Antar Bank Mudharabah Investment
(SIMA) 550,000) -) -) 550,000) (SIMA)
Sukuk Bank Indonesia 3,550,643) -) -) 3,550,643) Bank Indonesia sukuk
Sukuk korporasi 28,000) -) 170) 28,170) Corporate sukuk
Surat Berharga Syariah
Negara 3,905,633) -) 1,551) 3,907,184) Sovereign Sharia Securities
Reksa dana syariah 250,000) -) -) 250,000) Sharia mutual funds
8,284,276) -) 1,721) 8,285,997)
USD USD
Diukur pada nilai wajar Measured at fair value through
melalui laba rugi: other profit or loss:
Investasi pada efek Investment in equity
ekuitas 80,064) -) -) 80,064) securities
80,064) -) -) 80,064)
Jumlah investasi pada Total investments in
surat berharga 8,569,340) 183) 1,721) 8,571,244) marketable securities
Pendapatan yang akan Accrued income from
diterima dari investasi investments in marketable
pada surat berharga 75,512) securities
8,646,756)
2022
Keuntungan Premium yang
Nilai yang belum belum
nominal/ direalisasi/ diamortisasi/ Nilai tercatat/
Nominal Unrealised Unamortised Carrying
value gains Premium amount
Rupiah Rupiah
Diukur pada nilai wajar Measured at fair value through
melalui penghasilan other comprehensive income:
komprehensif lain:
Reksa dana syariah 205,000) 81) -) 205,081) Sharia mutual funds
205,000) 81) -) 205,081)
Diukur pada biaya Measured at
perolehan: acquisition cost:
Sertifikat Investasi Certificate of Interbank
Mudharabah Antar Bank Mudharabah Investment
(SIMA) 323,000) -) -) 323,000) (SIMA)
Sukuk Bank Indonesia 3,306,884) -) -) 3,306,884) Bank Indonesia sukuk
Sukuk korporasi 107,000) -) 1,545) 108,545) Corporate sukuk
Surat Berharga Syariah
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Negara 3,413,975) -) 27,353) 3,441,328) Sovereign Sharia Securities
Reksa dana syariah 150,000) -) -) 150,000) Sharia mutual funds
7,300,859) -) 28,898) 7,329,757)
USD USD
Diukur pada nilai wajar Measured at fair value through
melalui laba rugi: other profit or loss:
Investasi pada efek Investment in equity
ekuitas 80,951) -) -) 80,951) securities
80,951) -) -) 80,951)
Jumlah investasi pada Total investments in
surat berharga 7,586,810) 81) 28,898) 7,615,789) marketable securities
Pendapatan yang akan Accrued income from
diterima dari investasi investments in marketable
pada surat berharga 64,941) securities
7,680,730)
47
515
Page 518
PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
9. INVESTASI PADA SURAT BERHARGA (lanjutan) 9. INVESTMENTS IN MARKETABLE SECURITIES
(continued)
a. Berdasarkan kategori dan penerbit (lanjutan) a. By category and issuer (continued)
Perubahan keuntungan yang belum direalisasi The movement of unrealized gains on
atas investasi pada surat berharga yang investments in marketable securities
diklasifikasikan sebagai diukur pada nilai wajar classified as measured at fair value through
melalui pendapatan komprehensif lain sebagai other comprehensive income as follows:
berikut:
2023 2022
Saldo, awal tahun 81) 113) Balance, beginning of year
Perubahan atas keuntungan yang belum Movement of unrealized gains during
direalisasi selama tahun berjalan -bersih 102) (32) the year - net
Jumlah sebelum pajak penghasilan terkait 183) 81) Total before related income tax
Pajak penghasilan terkait (Catatan 19f) (40) (18) Related income tax (Note 19f)
Saldo, akhir tahun - bersih 143) 63) Balance, end of year - net
b. Berdasarkan jangka waktu b. By time period
2023 2022
Hingga 1 bulan 2,550,000) 2,235,884) Up to 1 month
> 1 - 3 bulan 205,183) 205,081) > 1 - 3 months
> 3 - 6 bulan 403,038) 1,394,000) > 3 - 6 months
> 6 - 9 bulan 532,591) -) > 6 - 9 months
> 9 - 12 bulan 474,881) -) > 9 – 12 months
Lebih dari 12 bulan 4,405,551) 3,780,824) More than 12 months
8,571,244) 7,615,789)
Pendapatan yang akan diterima dari Accrued income from investments
investasi pada surat berharga 75,512) 64,941) in marketable securities
8,646,756) 7,680,730)
c. Berdasarkan sisa umur sampai dengan c. By remaining period to maturity date
tanggal jatuh tempo
2023 2022
Hingga 1 bulan 2,895,183) 2,780,965) Up to 1 month
> 1 - 3 bulan 587,412) 1,263,509) > 1 - 3 months
> 3 - 6 bulan 565,164) 189,071) > 3 - 6 months
> 6 - 9 bulan 1,122,258) 807,550) > 6 - 9 months
> 9 - 12 bulan 419,787) 80,428) > 9 - 12 months
Lebih dari 12 bulan 2,981,440) 2,494,266) More than 12 monts
8,571,244) 7,615,789)
Pendapatan yang akan diterima dari Accrued income from investments
investasi pada surat berharga 75,512) 64,941) in marketable securities
8,646,756) 7,680,730)
d. Berdasarkan akad d. By contract
2023 2022
Ijarah 3,907,184) 3,441,328) Ijarah
Musyarakah muntahiyah bittamlik 3,550,643) 3,306,884) Musyarakah muntahiyah bittamlik
Mudharabah 578,169) 431,545) Mudharabah
Wakalah 455,184) 355,081) Wakalah
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Lain-lain (investasi dalam efek ekuitas Others (investment in equity shares
ventura) 80,064) 80,951) ventura)
8,571,244) 7,615,789)
Pendapatan yang akan diterima dari Accrued income from investments
investasi pada surat berharga 75,512) 64,941) in marketable securities
8,646,756) 7,680,730)
48
516
Page 519
PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
9. INVESTASI PADA SURAT BERHARGA (lanjutan) 9. INVESTMENTS IN MARKETABLE SECURITIES
(continued)
e. Tingkat imbal hasil rata-rata setahun e. Average rate of return per annum
2023 2022
Surat Berharga Syariah Negara 5.53% 5.14% Sovereign Sharia Securities
Sertifikat Investasi Mudharabah Antar Certificate of Interbank Mudharabah
Bank (SIMA) 6.07% 4.03% Investment (SIMA)
Reksa dana syariah 5.44% 5.22% Sharia mutual funds
Sukuk korporasi 7.22% 6.83% Corporate sukuk
Sukuk Bank Indonesia 6.05% 3.77% Sukuk Bank Indonesia
f. Berdasarkan peringkat f. By rating
Sukuk korporasi berdasarkan peringkat adalah Corporate sukuk by rating was as follows:
sebagai berikut:
2023 2022
PT Bank CIMB Niaga Tbk - PT Bank CIMB Niaga Tbk -
Unit Usaha Syariah Sharia Business Unit
Pemeringkat Pefindo Pefindo Rating agency
Peringkat id AAA id AAA Rating
PT Bank Syariah Indonesia Tbk PT Bank Syariah Indonesia Tbk
Pemeringkat - Pefindo Rating agency
Peringkat - id AA Rating
PT BPD Kalimantan Selatan - PT BPD Kalimantan Selatan -
Unit Usaha Syariah Sharia Business Unit
Pemeringkat Fitch Fitch Rating agency
Peringkat A idn A idn Rating
g. Cadangan kerugian penurunan nilai g. Allowance for impairment losses
Berdasarkan ketentuan OJK yang berlaku, Based on the prevailing OJK regulation, all
seluruh surat berharga pada tanggal investment in marketable securities as of
31 Desember 2023 dan 2022 digolongkan 31 December 2023 and 2022 were classified
sebagai lancar. as current.
Manajemen berpendapat bahwa tidak Management believes that no allowance for
diperlukan adanya cadangan penurunan nilai impairment losses is necessary on investment
pada investasi pada surat berharga. in marketable securities.
h. Pada tanggal 31 Desember 2023 dan 2022, h. As of 31 December 2023 and 2022,
jumlah investasi pada surat berharga yang total investments in marketable securities that
digolongkan sebagai setara kas adalah were classified as cash equivalents
masing-masing sebesar Rp 2.755.000 dan amounted to Rp 2,755,000 and Rp 2,440,884,
Rp 2.440.884. respectively.
i. Investasi pada efek ekuitas terdiri dari i. Investments in equity securities consist of
investasi yang dilakukan oleh Entitas Anak investment made by the Subsidiary under
sesuai prinsip syariah ke Dagangan Pte Ltd sharia principle to Dagangan Pte Ltd for a
sejumlah 1.913.734 saham Series A saham total of 1,913,734 series A preferred shares
preferen senilai US Dollar 5.199.998,03 (nilai amounted to US Dollars 5,199,998.03 (full
penuh). amount).
PT Bank BTPN Syariah Tbk | 2023 Annual Report
49
517
Page 520
PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
10. PIUTANG MURABAHAH 10. MURABAHAH RECEIVABLES
Seluruh piutang murabahah didenominasi dalam All of murabahah receivables were denominated
mata uang Rupiah dengan rincian sebagai in Rupiah, with details as follows:
berikut:
2023 2022
Piutang murabahah 11,367,662) 11,463,672) Murabahah receivables
Pendapatan yang akan diterima dari Accrued income from murabahah
piutang murabahah 164,890) 138,773) receivables
Dikurangi: Cadangan kerugian Less: Allowance for impairment
penurunan nilai (1,213,542) (768,259) losses
10,319,010) 10,834,186)
a. Berdasarkan sektor ekonomi dan kolektibilitas a. By economic sector and grading based
menurut peraturan OJK on OJK regulation
2023
Dalam perhatian
Lancar/ khusus/ Special Kurang lancar/ Diragukan/
Current mention Substandard Doubtful Macet/Loss Jumlah/Total
Perdagangan, restoran dan Trading, restaurant and
hotel 7,143,929) 342,919) 206,328) 14,410) 34,759) 7,742,345) hotel
Pertanian dan perikanan 1,990,663) 57,523) 31,936) 1,181) 3,927) 2,085,230) Agriculture and fishery
Perindustrian 877,175) 37,524) 21,771) 940) 3,341) 940,751) Manufacturing
Sosial/masyarakat 52) -) 2) -) -) 54) Social/public
Pengangkutan, pergudangan Transportation warehousing,
dan telekomunikasi 308) 11) 21) 7) 3) 350) and telecommunication
Jasa usaha 561,446) 21,664) 12,529) 843) 2,211) 598,693) Business services
Pertambangan 42) -) -) -) -) 42) Mining
Lainnya 184) 7) 6) -) -) 197) Others
10,573,799) 459,648) 272,593) 17,381) 44,241) 11,367,662)
Pendapatan yang akan diterima Accrued income from
dari piutang murabahah 131,170) 33,720) -) -) -) 164,890) murabahah receivables
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (597,997) (313,968) (243,104) (15,018) (43,455) (1,213,542) impairment losses
10,106,972) 179,400) 29,489) 2,363) 786) 10,319,010)
2022
Dalam perhatian
Lancar/ khusus/ Special Kurang lancar/ Diragukan/
Current mention Substandard Doubtful Macet/Loss Jumlah/Total
Perdagangan, restoran dan Trading, restaurant and
hotel 8,961,781) 244,780) 169,957) 22,565) 82,845) 9,481,928) hotel
Pertanian dan perikanan 658,830) 5,075) 3,074) 483) 2,894) 670,356) Agriculture and fishery
Perindustrian 658,334) 9,168) 5,441) 597) 2,523) 676,063) Manufacturing
Sosial/masyarakat 129) 16) -) -) 12) 157) Social/public
Transportation,
Pengangkutan, pergudangan warehousing and
dan telekomunikasi 867) 22) 17) -) 39) 945) telecommunication
Jasa usaha 605,519) 13,221) 9,032) 1,059) 4,715) 633,546) Business services
Pertambangan 119) 1) 1) -) 6) 127) Mining
Lainnya 508) 22) 5) -) 15) 550) Others
10,886,087) 272,305) 187,527) 24,704) 93,049) 11,463,672)
Pendapatan yang akan diterima Accrued income from
dari piutang murabahah 120,812) 17,961) -) -) -) 138,773) murabahah receivables
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (333,970) (168,550) (150,759) (22,269) (92,711) (768,259) impairment losses
10,672,929) 121,716) 36,768) 2,435) 338) 10,834,186)
b. Berdasarkan jangka waktu b. By time period
PT Bank BTPN Syariah Tbk | 2023 Annual Report
2023 2022
Hingga 1 tahun 5,384,649) 5,659,099) Up to 1 year
Lebih dari 1 tahun 5,983,013) 5,804,573) More than 1 year
11,367,662) 11,463,672)
Pendapatan yang akan diterima dari Accrued income from murabahah
piutang murabahah 164,890) 138,773) receivables
Dikurangi: Cadangan kerugian Less: Allowance for impairment
penurunan nilai (1,213,542) (768,259) losses
10,319,010) 10,834,186)
50
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
10. PIUTANG MURABAHAH (lanjutan) 10. MURABAHAH RECEIVABLES (continued)
c. Berdasarkan sisa umur sampai dengan c. By remaining period to maturity date
tanggal jatuh tempo
2023 2022
Hingga 1 bulan 202,279) 156,721) Up to 1 month
> 1 - 3 bulan 643,285) 580,766) > 1 - 3 months
> 3 - 12 bulan 7,720,570) 7,580,079) > 3 - 12 months
Lebih dari 1 tahun 2,801,528) 3,146,106) More than 1 year
11,367,662) 11,463,672)
Pendapatan yang akan diterima dari Accrued income from murabahah
piutang murabahah 164,890) 138,773) receivables
Dikurangi: Cadangan kerugian Less: Allowance for impairment
penurunan nilai (1,213,542) (768,259) losses
10,319,010) 10,834,186)
d. Berdasarkan hubungan dengan debitur d. By relationship with debtors
Pada tanggal 31 Desember 2023 dan 2022, As of 31 December 2023 and 2022, all
seluruh piutang murabahah diberikan kepada murabahah receivables were provided to third
pihak ketiga. parties.
e. Tingkat margin rata-rata setahun e. Average margin rate per annum
2023 dan/and 2022
Tingkat margin rata-rata setahun 25% - 30% Average margin rate per annum
f. Pembiayaan yang direstrukturisasi f. Restructured financing
Pada tanggal 31 Desember 2023 dan 2022, As of 31 December 2023 and 2022, total
jumlah piutang murabahah yang direstrukturisasi restructured murabahah receivables based on
berdasarkan kolektibilitas adalah: grading was as follows:
2023 2022
Lancar 610,501) 1,049,108) Current
Dalam perhatian khusus 39,794) 190,762) Special mention
Kurang lancar 15,809) 116,849) Substandard
Diragukan 5,674) 11,960) Doubtful
Macet 18,005) 76,428) Loss
689,783) 1,445,107)
Dikurangi: Cadangan kerugian
penurunan nilai (603,373) (602,878) Less: Allowance for impairment losses
86,410) 842,229)
Sebagai dampak dari pandemi Covid-19 yang As the impacts of the Covid-19 pandemic
melanda Indonesia sejak bulan Maret 2020, which has been spreaded to Indonesia since
sejumlah piutang murabahah telah March 2020, certain amount of murabahah
direstrukturisasi berdasarkan Peraturan OJK receivables has been restructured based on
No. 11/POJK.03/2020 tanggal 16 Maret 2020 OJK Regulation No. 11/POJK.03/2020 dated
tentang Stimulus Perekonomian Nasional 16 March 2020 concerning National Economic
Sebagai Kebijakan Countercyclical Dampak Stimulus as a Countercyclical Policy on
Penyebaran Corona Virus Disease 2019 dan the Impacts of the Spread of Corona
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Peraturan OJK No. 48/POJK.03/2020 tanggal Virus Disease 2019 and OJK
1 Desember 2020 tentang Perubahan Atas Regulation No. 48/POJK.03/2020 dated
Peraturan OJK No. 11/POJK.03/2020 dan 1 December 2020 concerning Amendments to
Peraturan OJK No. 17/POJK.03/2021 tentang OJK Regulation No. 11/POJK.03/2020 and
Perubahan Kedua atas Peraturan OJK OJK Regulation No. 17/POJK.03/2021
No. 11/POJK.03/2020. concerning the Second Amendment to OJK
Regulation No. 11/POJK.03/2020.
51
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Page 522
PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
10. PIUTANG MURABAHAH (lanjutan) 10. MURABAHAH RECEIVABLES (continued)
f. Pembiayaan yang direstrukturisasi (lanjutan) f. Restructured financing (continued)
Dilanjutkan sesuai dengan Peraturan OJK No. 19 Continued in accordance to OJK Regulation
Tahun 2022 tentang Perlakuan Khusus untuk No. 19/2022 concerning Special Treatment for
Lembaga Jasa Keuangan pada Daerah dan Sektor Financial Services Institutions in Specific
Tertentu di Indonesia yang Terkena Dampak Regions and Sectors in Indonesia Impacted by
Bencana yang berlaku serta KDK No. 34/KDK Disaster and OJK Board of Commissioners
03/2022 mengenai Penetapan Daerah dan/atau Decree No. 34/KDK 03/2022 concerning
Sektor Ekonomi yang Terdampak Bencana yang Stipulation of Region and/or Sector Which
Memerlukan Perlakuan Khusus terhadap Kredit Require Special Treatment regarding Bank
Bank (sektor ekonomi dan daerah tersebut adalah Financing (the sectors and/or regions include
sektor penyediaan akomodasi dan penyediaan Accommodation and Food and Drink Provision
makan minum, sektor tekstil dan produk tekstil serta Sector, the Textile and Textile Products and
alas kaki, segmen usaha mikro, kecil, dan Footwear Sectors, the Micro, Small and Medium
menengah, dan/atau daerah Provinsi Bali). Enterprises Segment and Bali Province).
g. Informasi lainnya g. Other information
1) Perubahan cadangan kerugian penurunan 1) The movement of allowance for impairment
nilai piutang murabahah sebagai berikut: losses on murabahah receivables was as
follows:
2023 2022
Saldo, awal tahun 768,259) 699,156) Balance, beginning of year
Penyisihan selama tahun berjalan Provision made during the year
(Catatan 33) 1,898,302) 944,483) (Note 33)
Penghapusbukuan selama tahun
berjalan (1,501,303) (950,212) Written-off during the year
Penerimaan kembali piutang yang Recovery of receivables
telah dihapusbuku 48,284) 74,832) written-off
Saldo, akhir tahun 1,213,542) 768,259) Balance, ending of year
Pergerakan cadangan kerugian penurunan The movement of the Bank’s allowance for
nilai Bank dari Rp 768.259 posisi impairment losses from Rp 768,259 as of
31 Desember 2022 menjadi Rp 1.213.542 31 December 2022 to Rp 1,213,542 as of
posisi 31 Desember 2023 adalah sebagai 31 December 2023 is part of the Bank’s
bagian prinsip kehati-hatian Bank terhadap prudential principle as challenges faced by
tantangan yang dihadapi oleh segmen the customer segment served in the post
nasabah yang dilayaninya dalam periode Covid-19 pandemic period, including
pasca pandemi Covid-19, termasuk Covid-19 restructuring customers.
didalamnya nasabah-nasabah restruktur
Covid-19.
Manajemen Bank berkeyakinan bahwa jumlah The Bank’s management believes that the
cadangan kerugian penurunan nilai yang allowance for impairment losses provided
dibentuk cukup untuk menutupi kemungkinan was adequate to cover possible impairment
penurunan nilai piutang murabahah. losses on murabahah receivables.
2) Rasio pemenuhan cadangan kerugian 2) The Bank’s ratio of allowance for impairment
penurunan nilai piutang murabahah Bank losses on murabahah receivables
(persentase cadangan kerugian penurunan (percentage of allowance for impairment
nilai piutang murabahah yang telah dibentuk losses on murabahah receivables recorded
terhadap jumlah minimum cadangan by the Bank to the minimum allowance for
PT Bank BTPN Syariah Tbk | 2023 Annual Report
kerugian penurunan nilai piutang murabahah impairment losses on murabahah
sesuai ketentuan OJK) pada tanggal receivables as required by OJK) as of
31 Desember 2023 dan 2022 masing-masing 31 December 2023 and 2022 was 562.21%
adalah sebesar 562,21% dan 341,96%. and 341.96%, respectively.
3) Rasio Pembiayaan Bermasalah/Non- 3) The ratio of Non-Performing Financing (NPF)
Performing Financing (NPF) piutang of murabahah receivables as of
murabahah pada tanggal 31 Desember 2023 31 December 2023 and 2022 was as follows:
dan 2022 adalah sebagai berikut:
2023 2022
Persentase NPF - bruto 2.94% 2.66% NPF Percentage - gross
Persentase NPF - neto 0.29% 0.34% NPF Percentage - net
52
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
10. PIUTANG MURABAHAH (lanjutan) 10. MURABAHAH RECEIVABLES (continued)
g. Informasi lainnya (lanjutan) g. Other information (continued)
4) Pada tanggal 31 Desember 2023 dan 4) As of 31 December 2023 and 2022, the
2022, Bank telah memenuhi ketentuan Bank had complied with Maximum Limit
Batas Maksimum Penyaluran Dana, baik for Distribution of Funds requirements for
untuk pihak berelasi maupun untuk pihak both related parties and third parties.
ketiga.
5) Dalam rangka implementasi Program 5) In conjunction with the implementation of
Pemulihan Ekonomi Nasional (PEN) National Economic Recovery Program
sesuai dengan Peraturan Menteri (PEN) in accordance with the Minister of
Keuangan Republik Indonesia (PMK) Finance of Republic of Indonesia
No. 71/PMK.08/2020 tanggal 23 Juni 2020 Regulation (PMK) No. 71/PMK.08/2020
tentang Tata Cara Penjaminan Pemerintah dated 23 June 2020 concerning
Melalui Badan Usaha Penjaminan Yang Government Guarantee Procedures
Ditunjuk Dalam Rangka Pelaksanaan through Designated Guarantee
Program Pemulihan Ekonomi Nasional, Company in conjunction with the
Bank telah berpartisipasi dengan menjadi Implementation of National Economic
peserta penjaminan. Pada tanggal Recovery Program, the Bank has
31 Desember 2023 dan 2022, saldo participated as a guarantee participant.
piutang murabahah masing-masing As of 31 Desember 2023 and 2022, the
sebesar Rp 248.791 dan Rp 2.777.938 amount murabahah receivables
telah dijamin oleh Badan Usaha amounting to Rp 248,791 and
Penjaminan yang ditunjuk yaitu Rp 2,777,938, respectively, were
PT Penjaminan Jamkrindo Syariah guaranteed by the designated
dan PT Jaminan Pembiayaan Askrindo Guarantee Company which were
Syariah. PT Penjaminan Jamkrindo Syariah and
PT Jaminan Pembiayaan Askrindo
Syariah.
11. PEMBIAYAAN MUSYARAKAH 11. MUSYARAKAH FINANCING
Semua pembiayaan musyarakah yang diberikan All musyarakah financing was denominated in
oleh Bank adalah dalam mata uang Rupiah dengan Rupiah, with details as follows:
rincian sebagai berikut:
2023 2022
Pembiayaan musyarakah 19,669) 60,275)) Musyarakah financing
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (197) (603) impairment losses
19,472) 59,672))
a. Berdasarkan sektor ekonomi dan a. By economic sector and grading based on
kolektibilitas menurut peraturan OJK OJK regulations
2023
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Dalam
perhatian
khusus/ Kurang
Lancar/ Special lancar/ Diragukan/ Jumlah/
Current mention Substandard Doubtful Macet/Loss Total
Financial
Perantara keuangan 19,669) -) -) -) -) 19,669) intermediaries
Dikurangi: Cadangan
kerugian Less: Allowance for
penurunan nilai (197) -) -) -) -) (197) impairment losses
19,472) -) -) -) -) 19,472)
53
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Page 524
PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
11. PEMBIAYAAN MUSYARAKAH (lanjutan) 11. MUSYARAKAH FINANCING (continued)
a. Berdasarkan sektor ekonomi dan a. By economic sector and grading based on
kolektibilitas menurut peraturan OJK OJK regulations (continued)
(lanjutan)
2022
Dalam
perhatian
khusus/ Kurang
Lancar/ Special lancar/ Diragukan/ Jumlah/
Current mention Substandard Doubtful Macet/Loss Total
Financial
Perantara keuangan 60,275) -) -) -) -) 60,275) intermediaries
Dikurangi: Cadangan
kerugian Less: Allowance for
penurunan nilai (603) -) -) -) -) (603) impairment losses
59,672) -) -) -) -) 59,672)
b. Berdasarkan jangka waktu b. By time period
2023 2022
Hingga 1 tahun 866) 12,739) Up to 1 year
Lebih dari 1 tahun 18,803) 47,536) More than 1 year
19,669) 60,275)
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (197) (603) impairment losses
19,472) 59,672)
c. Berdasarkan sisa umur sampai dengan c. By remaining period to maturity date
tanggal jatuh tempo
2023 2022
Hingga 1 bulan 409) -) Up to 1 months
> 1 - 3 bulan 1,592) -) > 1 - 3 months
> 3 – 12 bulan 13,167) 17,775) > 3 – 12 months
Lebih dari 1 tahun 4,501) 42,500) More than 1 year
19,669) 60,275)
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (197) (603) impairment losses
19,472) 59,672)
d. Berdasarkan hubungan dengan debitur d. By relationship with debtors
Pada tanggal 31 Desember 2023 dan 2022, As of 31 December 2023 and 2022, all
seluruh pembiayaan musyarakah diberikan musyarakah financing were provided to third
kepada pihak ketiga. parties.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
e. Tingkat imbal hasil setahun e. Rate of return per annum
Tingkat imbal hasil selama tahun berakhir The rate of return per annum during the year
31 Desember 2023 dan 2022 adalah setara ended 31 December 2023 and 2022 was equal
dengan 8,75%-11,00% dan 8,75%-10,50%. to 8.75%-11.00% and 8.75%-10.50%.
54
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
11. PEMBIAYAAN MUSYARAKAH (lanjutan) 11. MUSYARAKAH FINANCING (continued)
f. Informasi lainnya f. Other information
1) Perubahan cadangan kerugian 1) The movement of allowance for impairment
pembiayaan musyarakah adalah sebagai losses on musyarakah financing was as
berikut: follows:
2023 2022
Saldo, awal tahun 603) 103) Balance, beginning of year
(Pemulihan) penambahan (Reversal) addition
penyisihan selama tahun of allowance during
berjalan (Catatan 33) (406) 500) the year (Note 33)
Saldo, akhir tahun 197) 603) Balance, ending of year
Penilaian atas cadangan kerugian Assessment on allowance for impairment
penurunan nilai musyarakah dievaluasi losses on musyarakah financing is evaluated
secara individual namun tidak terdapat individually but there is no objective evidence
bukti obyektif penurunan nilai sehingga of impairment so the assessment is made
penilaiannya dilakukan secara kolektif. collectively.
Manajemen Bank berkeyakinan bahwa The Bank’s management believes that the
jumlah cadangan kerugian penurunan nilai allowance for impairment losses provided is
yang dibentuk cukup untuk menutupi adequate to cover possible impairment loss
kemungkinan penurunan nilai pembiayaan on musyarakah financing.
musyarakah.
2) Tidak terdapat Non-Performing Financing 2) There was no Non-Performing Financing
(NPF) pembiayaan musyarakah pada (NPF) of musyarakah financing as of
tanggal 31 Desember 2023 dan 2022. 31 December 2023 and 2022.
3) Pada tanggal 31 Desember 2023 dan 3) As of 31 December 2023 and 2022, the Bank
2022, Bank telah memenuhi ketentuan had complied with Maximum Limit for
Batas Maksimum Penyaluran Dana, baik Distribution of Funds requirements for both
untuk pihak berelasi maupun untuk pihak related parties and third parties.
ketiga.
12. BEBAN DIBAYAR DIMUKA 12. PREPAYMENTS
2023 2022
Beban lisensi dibayar dimuka 30,923) 35,880) Prepaid license fee
Pemeliharaan dan perbaikan TI 10,374) 10,537) IT maintenance and renewal
Sewa gedung 3,420) 2,783) Building rental
Lainnya 3,295) 3,941) Others
48,012) 53,141)
13. ASET TETAP 13. FIXED ASSETS
2023
Pengurang
PT Bank BTPN Syariah Tbk | 2023 Annual Report
1 Januari/ Penambahan/ an/ Reklasifikasi/ 31 Desember/
January Addition Deduction Reclassification December
Model revaluasi Revaluation model
Kepemilikan langsung Direct ownership
Tanah 9,467) -) -) -) 9,467) Land
Model biaya Cost model
Kepemilikan langsung Direct ownership
Bangunan 10,685) -) -) -) 10,685) Buildings
Kendaraan bermotor 189,376) 50,817) (12,396) -) 227,797) Motor vehicles
Perlengkapan kantor 307,618) 6,638) (34,287) 48,125) 328,094) Office equipment
Leasehold improvement 167,874) 17,227) (49,748) -) 135,353) Leasehold improvement
Aset hak-guna 359,222) 58,577) (81,959) -) 335,840) Right-of-use assets
Aset dalam penyelesaian 47,811) 35,386) (165) (48,125) 34,907) Construction in progress
1,092,053) 168,645) (178,555) -) 1,082,143)
55
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
13. ASET TETAP (lanjutan) 13. FIXED ASSETS (continued)
2023
1 Januari/ Penambahan/ Pengurangan/ Reklasifikasi/ 31 Desember/
January Addition Deduction Reclassification December
Model biaya Cost model
Akumulasi penyusutan/ Accumulated depreciation/
amortisasi amortization
Bangunan (6,845) (620) -) -) (7,465) Buildings
Kendaraan bermotor (136,663) (29,909) 11,523) -) (155,049) Motor vehicles
Perlengkapan kantor (211,943) (47,563) 33,756) -) (225,750) Office equipment
Leasehold improvement (134,143) (15,687) 49,747) -) (100,083) Leasehold improvement
Aset hak-guna (223,692) (75,455) 81,593) -) (217,554) Right-of-use assets
(713,286) (169,234) 176,619) -) (705,901)
378,767) 376,242)
Nilai buku bersih Net book value
2022
1 Januari/ Penambahan/ Pengurangan/ Reklasifikasi/ 31 Desember/
January Addition Deduction Reclassification December
Model revaluasi Revaluation model
Kepemilikan langsung Direct ownership
Tanah 9,467) -) -) -) 9,467)) Land
Model biaya Cost model
Kepemilikan langsung Direct ownership
Bangunan 10,653) 32) -) -) 10,685) Buildings
Kendaraan bermotor 181,218) 18,325) (10,271) 104) 189,376) Motor vehicles
Perlengkapan kantor 271,779) 1,534) (8,129) 42,434) 307,618) Office equipment
Leasehold improvement 164,251) 7,662) (4,039) -) 167,874) Leasehold improvement
Aset hak-guna 301,684) 66,595) (9,057) -) 359,222) Right-of-use assets
Aset dalam penyelesaian 22,319) 68,082) (52) (42,538) 47,811) Construction in progress
961,371) 162,230) (31,548) -) 1,092,053)
Model biaya Cost model
Akumulasi penyusutan/ Accumulated depreciation/
amortisasi amortization
Bangunan (6,227) (618) -) -) (6,845) Buildings
Kendaraan bermotor (113,686) (33,223) 10,246) -) (136,663) Motor vehicles
Perlengkapan kantor (178,511) (40,435) 7,003) -) (211,943) Office equipment
Leasehold improvement (123,794) (14,372) 4,023) -) (134,143) Leasehold improvement
Aset hak-guna (162,219) (70,530) 9,057) -) (223,692) Right-of-use assets
(584,437) (159,178) 30,329) -) (713,286)
376,934) 378,767)
Nilai buku bersih Net book value
Rincian keuntungan penjualan aset tetap adalah Detail of gains on sale of fixed assets was as follows:
sebagai berikut:
2023 2022
Hasil atas penjualan aset tetap 2,394) 3,346) Proceeds from sale of fixed assets
Nilai buku (801) (25) Book value
Keuntungan penjualan aset tetap 1,593) 3,321) Gains on sale of fixed assets
Bank menyewa gedung, kendaraan bermotor dan The Bank leases buildings, motor vehicles and ATM
mesin ATM masing-masing untuk periode machines for a term of 1-11 years, 3 years and
1-11 tahun, 3 tahun dan 5 tahun. Kontrak tersebut 5 years, respectively. The contracts include an
PT Bank BTPN Syariah Tbk | 2023 Annual Report
mencakup opsi untuk memperbarui sewa untuk option to renew the lease for an additional period for
periode tambahan dengan durasi yang sama the same duration after the end of the contract term.
setelah akhir masa kontrak.
56
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
13. ASET TETAP (lanjutan) 13. FIXED ASSETS (continued)
Perubahan nilai tercatat aset hak-guna tanggal Movement of the carrying amount of right-of-use
31 Desember 2023 dan 2022 adalah sebagai assets as of 31 December 2023 and 2022 was as
berikut: follows:
2023
Kendaraan
Bermotor dan ATM/
Properti/ Motor Vehicles Jumlah/
Property and ATM Total
Nilai tercatat, awal tahun 126,759) 8,771) 135,530) Carrying amount, beginning of year
Penambahan 54,895) 3,682) 58,577) Addtition
Pengurangan (81,682) (277) (81,959) Deduction
Beban amortisasi 11,870) (5,732) 6,138) Amortization charge
Nilai tercatat, akhir tahun 111,842) 6,444) 118,286) Carrying amount, ending of year
2022
Kendaraan
Bermotor dan ATM/
Properti/ Motor Vehicles Jumlah/
Property and ATM Total
Nilai tercatat, awal tahun 132,939) 6,526) 139,465) Carrying amount, beginning of year
Penambahan 59,717) 6,878) 66,595) Addtition
Pengurangan (9,057) -) (9,057) Deduction
Beban amortisasi (56,840) (4,633) (61,473) Amortization charge
Nilai tercatat, akhir tahun 126,759) 8,771) 135,530) Carrying amount, ending of year
Jumlah yang diakui dalam laba rugi yang Amounts related with lease transactions which have
berhubungan dengan transaksi sewa selama been recognised in profit or loss during as
tanggal 31 Desember 2023 dan 2022 adalah 31 December 2023 and 2022 were as follows:
sebagai berikut:
2023 2022
Bunga atas kewajiban sewa 5,150) 6,458) Interest on lease liabilities
Pembayaran sewa variabel tidak
termasuk dalam pengukuran Variable lease payments not included in
kewajiban sewa 1,690) 2,632) the measurement of lease liabilities
Amortisasi aset hak-guna 75,455) 70,530) Amortization of right-of-use assets
Beban yang berkaitan dengan sewa Expenses relating to short-term or low
jangka pendek atau nilai rendah 10,196) 11,388) value leases
Pada tanggal 31 Desember 2023 dan 2022, aset As of 31 December 2023 and 2022, fixed assets,
tetap, kecuali tanah, telah diasuransikan kepada except for land, have been insured by
PT Zurich General Takaful Indonesia (pihak ketiga) PT Zurich General Takaful Indonesia (third party) with
dengan total nilai pertanggungan masing-masing total coverage of Rp 178,786 and Rp 153,391,
sebesar Rp 178.786 dan Rp 153.391. Bank respectively. The Bank believes that the insurance
berpendapat bahwa nilai pertanggungan asuransi coverage is adequate to cover possible losses arising
cukup untuk menutup kemungkinan kerugian dari from the fixed assets.
aset tetap tersebut.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Pada tanggal 31 Desember 2023 dan 2022, Bank As of 31 December 2023 and 2022, the Bank
melakukan peninjauan kembali atas masa manfaat, performed a review on useful life, depreciation method
metode penyusutan dan nilai residu aset tetap dan and residual value of financial assets and concluded
menyimpulkan bahwa tidak terdapat perubahan that there were no changes in these methods and
atas metode dan asumsi tersebut. assumptions.
Berdasarkan penelaahan manajemen, tidak Based on management review, there was no
terdapat indikasi penurunan nilai atas aset tetap indication of impairment in the value of fixed assets.
tersebut di atas.
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
13. ASET TETAP (lanjutan) 13. FIXED ASSETS (continued)
Pada tanggal 31 Desember 2023 dan 2022, tidak As of 31 December 2023 and 2022, there were no
terdapat aset tetap yang digunakan sebagai jaminan fixed assets pledged as collaterals and no limitation
dan tidak terdapat pembatasan kepemilikan atas of ownership on fixed assets.
semua aset tetap.
Pada tanggal 31 Desember 2023 dan 2022, aset As of 31 December 2023 and 2022, fixed assets
tetap yang sudah disusutkan penuh namun masih which had been fully depreciated but still used to
digunakan untuk menunjang aktivitas operasi Bank support the Bank’s operations amounted to
adalah sebesar Rp 376.020 (2022: Rp 327.199). Rp 376,020 (2022: Rp 327,199).
Pada tanggal 31 Desember 2023 dan 2022, jumlah As of 31 December 2023 and 2022, the acquisition
harga perolehan tanah Bank adalah sebesar cost of the Bank’s land amounted to Rp 3,987.
Rp 3.987.
14. ASET TAKBERWUJUD 14. INTANGIBLE ASSETS
2023
Saldo awal/
Beginning Penambahan/ Pengurangan/ Reklasifikasi/ Jumlah/
Balance Addition Deduction Reclassification Total
Biaya perolehan Cost
Piranti lunak 209,743) -) (527) 70,889) 280,105) Software
Pengembangan piranti
lunak 86,806) 87,585) -) (70,889) 103,502) Software development
296,549) 87,585) (527) -) 383,607)
Akumulasi amortisasi Accumulated amortization
Piranti lunak (125,937) (46,926) -) -) (172,863) Software
170,612) 210,744)
Nilai buku bersih Net book value
2022
Saldo awal/
Beginning Penambahan/ Pengurangan/ Reklasifikasi/ Jumlah/
Balance Addition Deduction Reclassification Total
Biaya perolehan Cost
Piranti lunak 176,739) 1,063) -) 31,941) 209,743) Software
Pengembangan piranti
lunak 40,933) 81,382) (3,568) (31,941) 86,806) Software development
217,672) 82,445) (3,568) -) 296,549)
Akumulasi amortisasi Accumulated amortization
Piranti lunak (88,180) (37,757) -) -) (125,937) Software
Nilai buku bersih 129,492) 170,612) Net book value
Sisa periode amortisasi untuk piranti lunak pada Remaining amortisation period of software as of
tanggal 31 Desember 2023 dan 2022 adalah 31 December 2023 and 2022 was below 4 years.
kurang dari 4 tahun.
Manajemen berpendapat bahwa tidak terdapat Management believes that there was no indication of
indikasi adanya penurunan nilai aset takberwujud. impairment in the value of intangible assets.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Pada tanggal 31 Desember 2023 dan 2022, tidak As of 31 December 2023 and 2022, there were no
terdapat aset takberwujud yang digunakan sebagai intangible assets pledged as collaterals and no
jaminan dan tidak terdapat pembatasan limitation of ownership on the intangible assets.
kepemilikan atas semua aset takberwujud.
58
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
15. ASET LAIN-LAIN – BERSIH 15. OTHER ASSETS – NET
2023 2022
Pihak ketiga Third parties
Uang jaminan 8,560) 9,155) Guarantee deposits
Uang muka 7,460) 105,657) Advances
Lain-lain 19,450) 2,871) Others
35,470) 117,683)
Uang muka terdiri dari berbagai uang muka untuk Advances consist of various advances for
keperluan operasional di kantor pusat dan tim operational needs at head office and teams.
lapangan.
Lain-lain sebagian besar terdiri dari berbagai macam Others mainly consist of various receivables from
tagihan dari transaksi kepada pihak ketiga. transaction with third parties.
16. LIABILITAS SEGERA 16. LIABILITIES DUE IMMEDIATELY
2023 2022
Titipan bagi hasil deposito 3,943) 2,887) Unsettled profit sharing of time deposits
Lainnya 25,402) 35,541) Others
29,345) 38,428)
Lainnya terdiri dari utang lainnya kepada pihak Others mainly consist of other payables to third
ketiga. parties.
17. BAGI HASIL YANG BELUM DIBAGIKAN 17. UNDISTRIBUTED REVENUE SHARING
Akun ini merupakan bagi hasil yang belum This account represents the undistributed share of
dibagikan oleh Bank kepada shahibul maal atas the customer (shahibul maal) on the distribution of
bagian keuntungan hasil usaha Bank yang telah income generated by the Bank from managing
disisihkan dari pengelolaan dana mudharabah. mudharabah funds.
Bagi hasil yang belum dibagikan Bank pada Undistributed revenue sharing by the Bank at
tanggal pelaporan adalah bagi hasil untuk deposito reporting date represented the revenue sharing for
dan tabungan mudharabah dengan saldo pada mudharabah time deposits and saving deposits with
tanggal 31 Desember 2023 dan 2022 masing- balance as of 31 December 2023 and 2022
masing sebesar Rp 21.951 dan Rp 18.996. amounted to Rp 21,951 and Rp 18,996 respectively.
18. SIMPANAN NASABAH 18. DEPOSITS FROM CUSTOMERS
2023 2022
Pihak ketiga Third parties
Tabungan wadiah Wadiah saving deposits
Tepat Tabungan Kelompok 2,140,799) 2,109,497) Tepat Kelompok saving deposits
Tepat Tabungan 44,477) 39,457) Tepat saving deposits
Tepat Tabungan Rencana 12,033) 10,624) Tepat Rencana saving deposits
Tabungan Haji 166) 126) Hajj saving deposits
Tabungan Mapan Syariah 13) 8) Mapan Syariah saving deposits
Tabungan BTPN WOW iB -) 17,540) BTPN WOW iB saving deposits
2,197,488) 2,177,252)
Giro wadiah 24,009) 27,646) Wadiah demand deposits
PT Bank BTPN Syariah Tbk | 2023 Annual Report
2,221,497) 2,204,898)
Pihak berelasi Related parties
Tabungan wadiah Wadiah saving deposits
Tepat Tabungan 351) 295) Tepat saving deposits
Tepat Tabungan Rencana 149) 75) Tepat Rencana saving deposits
500) 370)
2,221,997) 2,205,268)
59
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
18. SIMPANAN NASABAH (lanjutan) 18. DEPOSITS FROM CUSTOMERS (continued)
Giro wadiah merupakan giro wadiah yad-dhamanah Wadiah demand deposits represent wadiah yad-
yaitu titipan dana pihak lain yang dapat diberikan dhamanah in which depositors can be given bonuses
bonus berdasarkan kebijakan Bank. Selama tahun based on the Bank’s discretion policy. During the
yang berakhir pada tanggal 31 Desember 2023 dan years ended 31 December 2023 and 2022, the
2022, Bank membagikan bonus untuk produk giro Bank distributed bonuses for wadiah demand
wadiah masing-masing sebesar Rp 761 dan Rp 609 deposits amounting to Rp 761 and Rp 609,
(Catatan 32). Bonus rata-rata giro wadiah untuk respectively (Note 32). The average bonus rate for
tahun yang berakhir pada tanggal wadiah demand deposits for the years ended
31 Desember 2023 dan 2022 masing-masing 31 Desember 2023 and 2022 was 2.70% dan 2.16%,
adalah 2,70% dan 2,16%. respectively.
Tabungan wadiah merupakan simpanan dana Wadiah saving deposits represent deposits in Rupiah
dalam mata uang Rupiah yang dapat diberikan in which depositors can be given bonuses based on
bonus berdasarkan kebijakan Bank. Selama tahun the Bank’s discretion policy. During the years ended
yang berakhir pada tanggal 31 Desember 2023 dan 31 December 2023 and 2022, the Bank distributed
2022, Bank membagikan bonus untuk produk bonuses for WOW iB wadiah saving deposits
tabungan WOW iB wadiah masing-masing sebesar amounting to nil, respectively (Note 32).
nihil (Catatan 32).
19. PERPAJAKAN 19. TAXATION
a. Utang pajak a. Taxes payable
2023 2022
Pajak penghasilan badan Corporate income tax
- Pasal 25 29,385) 34,044) Article 25 -
- Pasal 29 5,466) 10,298) Article 29 -
34,851) 44,342)
Pajak lainnya Other taxes
- Pasal 21 6,832) 7,761) Article 21 -
- Pasal 23, 26 dan 4(2) 9,183) 7,061) Article 23, 26 and 4(2) -
- Pajak pertambahan nilai 35) 129) Value added tax -
16,050) 14,951)
Total 50,901) 59,293) Total
b. Beban pajak penghasilan b. Income tax expense
2023 2022
Pajak penghasilan badan Corporate income tax
- Kini (411,468) (510,165) Current -
- Tangguhan: Deferred: -
Pembentukan perbedaan temporer 112,162) 7,351) Origination of temporary differences
(299,306) (502,814)
c. Berdasarkan Undang-Undang perpajakan di c. Under the Indonesian taxation laws, the Bank
Indonesia, Bank menghitung dan submits tax returns on a self-assessment basis.
melaporkan/menyetorkan pajak berdasarkan
PT Bank BTPN Syariah Tbk | 2023 Annual Report
The tax authorities may assess/amend taxes
sistem self-assessment. Fiskus dapat within the statute of limitations under prevailing
menetapkan/mengubah pajak-pajak tersebut regulations.
dalam jangka waktu tertentu sesuai peraturan
yang berlaku.
60
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
19. PERPAJAKAN (lanjutan) 19. TAXATION (continued)
d. Rekonsiliasi atas beban pajak penghasilan d. The reconciliation between the Bank’s income
Bank dengan laba akuntansi Bank sebelum tax expense with the calculation of the
beban pajak penghasilan dikali tarif pajak yang accounting income before income tax expense
berlaku adalah sebagai berikut: multiplied by the prevailing tax rate was as
follows:
2023 2022
Laba sebelum pajak penghasilan 1,379,894) 2,282,394) Income before tax
Tarif pajak yang berlaku 22% 22% Prevailing tax rate
303,577) 502,127)
Beda permanen dengan tarif 22% (4,271) 687) Permanent differences at tax 22%
Beban pajak penghasilan 299,306) 502,814) Income tax expense
e. Rekonsiliasi dari laba akuntansi sebelum pajak e. The reconciliation of accounting income before
penghasilan ke penghasilan kena pajak untuk tax to taxable income for the years ended
periode tahun yang berakhir tanggal 31 December 2023 and 2022 was as follows:
31 Desember 2023 dan 2022 adalah sebagai
berikut:
2023 2022
Laba akuntansi sebelum pajak
penghasilan 1,379,894) 2,282,394) Accounting income before tax
Perbedaan tetap Permanent differences
(Penghasilan) beban yang tidak Non-deductible (income) expenses
dapat dikurangkan (19,413) 3,123)
Perbedaan temporer Temporary differences
Liabilitas imbalan kerja karyawan 28,340) (19,930) Employee benefits obligation
Akrual bonus dan tantiem 22,524) 24,915) Accrued bonus and tantiem
Penyusutan aset tetap (11,044) (14,436) Depreciation of fixed assets
Cadangan kerugian penurunan nilai Allowance for impairment losses
atas piutang murabahah 478,746) 65,046) on murabahah
Penghasilan (beban) dari selisih kurs 892) (3,828) Income (expenses) from exchange rate
Lainnya (9,629) (18,353) Others
Penghasilan kena pajak 1,870,310) 2,318,931) Taxable income
Beban pajak penghasilan kini 411,468) 510,165) Current income tax expense
Dikurangi: pajak dibayar dimuka (376,617) (465,823) Less: prepaid tax
Utang pajak penghasilan 34,851) 44,342) Income tax payable
Perhitungan pajak penghasilan untuk tahun The calculations of income tax for the year
yang berakhir pada tanggal 31 Desember 2023 ended 31 December 2023 above were
di atas adalah suatu perhitungan estimasi awal preliminary estimates made for financial
yang dibuat untuk tujuan penyusunan laporan statement preparation purposes and were
keuangan ini dan dapat berubah pada saat subject to change at the time the Bank submits
Bank menyampaikan Surat Pemberitahuan its Annual Corporate Income Tax Return (SPT)
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Tahunan (SPT) pajak tahun fiskal 2023. for fiscal year 2023.
Perhitungan perpajakan untuk tahun yang The calculation of income tax for the year ended
berakhir pada tanggal 31 Desember 2022 telah 31 December 2022 was in accordance to
sesuai dengan Surat Pemberitahuan Tahunan Annual Corporate Income Tax Return (SPT) for
(SPT) Pajak tahun fiskal 2022. fiscal year 2022.
61
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
19. PERPAJAKAN (lanjutan) 19. TAXATION (continued)
f. Rincian aset (liabilitas) pajak tangguhan pada f. The details of the deferred tax assets (liabilities)
tanggal 31 Desember 2023 dan 2022 adalah as of 31 December 2023 and 2022 were as
sebagai berikut: follows:
2023
Dikreditkan
(dibebankan) ke
laba rugi/ Dibebankan
Credited (charged) ke ekuitas/
1 Januari/ to Charged to Lainnya/ 31 Desember/
January profit or loss equity Others December
Aset (liabilitas) pajak tangguhan Deferred tax assets (liabilities)
Akrual bonus dan tantiem 35,579) 4,955) -) -) 40,534) Accrued bonus and tantiem
Liabilitas imbalan kerja karyawan 2,057) 6,235) 58) 772) 9,122) Employee benefits liabilities
Aset tetap (586) (2,430) -) -) (3,016) Fixed assets
Cadangan kerugian penurunan Allowance for impairment losses
nilai atas piutang murabahah 112,696) 105,324) -) -) 218,020) on murabahah receivables
Keuntungan yang belum Unrealized gains from
direalisasi dari surat berharga (18) -) (22) -) (40) marketable securities
Keuntungan yang belum Unrealized gain from
direalisasi dari investasi pada investment in equity
efek ekuitas (842) 196) -) -) (646) securities
Lainnya 11,736) (2,118) -) -) 9,618) Others
160,622) 112,162) 36) 772) 273,592)
Aset pajak tangguhan - bersih Deferred tax assets - net
2022
Dikreditkan
(dibebankan) ke laba Dikreditkan ke
rugi/ ekuitas/
1 Januari/ Credited (charged) to Credited to 31 Desember/
January profit or loss equity December
Aset (liabilitas) pajak tangguhan Deferred tax assets (liabilities)
Akrual bonus dan tantiem 30,098) 5,481) -) 35,579) Accrued bonus and tantiem
Liabilitas imbalan kerja karyawan 7,738) (4,385) (1,296) 2,057) Employee benefits liabilities
Aset tetap 2,590) (3,176) -) (586) Fixed assets
Cadangan kerugian penurunan Allowance for impairment losses
nilai atas piutang murabahah 98,386) 14,310) -) 112,696) on murabahah receivables
Keuntungan yang belum Unrealized gains from
direalisasi dari surat berharga (25) -) 7) (18) marketable securities
Keuntungan yang belum Unrealized gain from
direalisasi dari investasi pada investment in equity
efek ekuitas -) (842) -) (842) securities
Lainnya 15,773) (4,037) -) 11,736) Others
154,560) 7,351) (1,289) 160,622)
Aset pajak tangguhan - bersih Deferred tax assets - net
Manajemen berpendapat bahwa aset pajak Management believes that total deferred tax
tangguhan kemungkinan besar dapat assets are probable to be realized in the future
direalisasi pada tahun-tahun mendatang. years.
g. Posisi pajak Bank dapat digugat oleh otoritas g. The Bank’s tax positions may be challenged by
pajak. Posisi perpajakan Bank dibentuk atas the tax authorities. The Bank’s tax positions are
dasar teknis yang baik, sesuai dengan formed on sound technical bases, in
peraturan perpajakan. Oleh karena itu, compliance with the tax regulations.
manajemen berkeyakinan bahwa tidak Accordingly, management believes that no
diperlukan akrual untuk potensi liabilitas pajak accruals for potential income tax liabilities is
penghasilan. Penilaian ini bergantung pada necessary. This assessment relies on estimates
estimasi dan asumsi dan mungkin melibatkan and assumptions and may involve judgment
PT Bank BTPN Syariah Tbk | 2023 Annual Report
pertimbangan tentang peristiwa di masa about future events. New information may
depan. Informasi baru mungkin tersedia yang become available that causes management to
menyebabkan manajemen mengubah change its judgment. Such changes will impact
penilaiannya. Perubahan tersebut akan tax expense in the period in which such
berdampak pada beban pajak selama periode determination is made.
penetapan tersebut dibuat.
62
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
20. PINJAMAN YANG DITERIMA 20. BORROWINGS
Pinjaman yang diterima terdiri dari pinjaman bank Borrowings consist of bank borrowings and non-
dan pinjaman buku bank yang dilakukan dengan bank borrowings with third parties.
pihak ketiga
2023 2022
Pihak ketiga Third parties
PT Bank Maybank Indonesia Tbk -) 100,000) PT Bank Maybank Indonesia Tbk
Pada tanggal 13 Desember 2021, Bank On 13 December 2021, the Bank obtained a
mendapatkan fasilitas pembiayaan mudharabah mudharabah financing facility provided by PT Bank
yang diberikan oleh PT Bank Maybank Maybank Indonesia Tbk in the amount of
Indonesia Tbk sebesar Rp 100.000. Fasilitas Rp 100,000. The financing facility is valid until
pembiayaan berlaku sampai dengan tanggal 13 December 2022. The purpose of the financing is
13 Desember 2022. Tujuan pembiayaan adalah to support the bank's business.
untuk menunjang bisnis bank.
Penarikan pembiayaan dilakukan pada tanggal Withdrawal of financing was carried out on
9 Maret 2022 sebesar Rp 100.000 dengan indikasi 9 March 2022 in the amount of Rp 100,000 with an
bagi hasil setara 5% dan telah jatuh tempo indication of profit sharing equivalent to 5% and
dan telah dibayarkan pada tanggal 9 Maret 2023. mature and fully paid on 9 March 2023.
21. LIABILITAS LAIN-LAIN 21. OTHER LIABILITIES
2023 2022
Insentif kepada nasabah 24,512) 21,544) Incentives to customers
Asuransi 12,130) 17,352) Insurance
Utang kepada pihak ketiga 620) 92,255) Payable to third parties
Lain-lain 25,307) 13,354) Others
62,569) 144,505)
22. AKRUAL 22. ACCRUALS
2023 2022
Akrual beban operasional 57,122) 79,765) Accrued operational expenses
Akrual jasa profesional 10,368) 10,740) Accrued professional fees
Akrual beban promosi 78) 286) Accrued promotion expenses
67,568) 90,791)
23. TABUNGAN MUDHARABAH 23. MUDHARABAH SAVINGS DEPOSITS
PT Bank BTPN Syariah Tbk | 2023 Annual Report
a. Berdasarkan jenis produk a. By product
2023 2022
Bukan bank Non-bank
Tepat Tabungan Platinum Bisnis 482,900) 508,799) Tepat Platinum Business Savings
Tepat Tabungan Platinum 404,721) 254,867) Tepat Platinum Savings
Tepat Tabungan Payroll 1,798) -) Tepat Payroll Savings
Tepat Tabungan Rencana 535) -) Tepat Rencana Savings
889,954) 763,666)
63
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
23. TABUNGAN MUDHARABAH (lanjutan) 23. MUDHARABAH SAVINGS DEPOSITS (continued)
b. Berdasarkan pihak berelasi dan pihak ketiga b. By related parties and third parties
2023 2022
Bukan bank Non-bank
Pihak ketiga 887,890) 763,070) Third parties
Pihak berelasi (Catatan 39) 2,064) 596) Related parties (Note 39)
889,954) 763,666)
Nisbah dan tingkat bagi hasil rata-rata untuk The average of pre-determined ratio and profit
tabungan mudharabah untuk tahun-tahun yang sharing rate for mudharabah savings deposits for
berakhir pada tanggal 31 Desember 2023 dan 2022 the years ended 31 December 2023 and 2022 were
adalah sebagai berikut: as follows:
2023
Tingkat bagi
Nisbah (%)/ hasil (%)/
Pre-determined Profit sharing
ratio (%) rate (%)
Tabungan mudharabah 2.52% 2.99% Mudharabah savings deposits
2022
Tingkat bagi
Nisbah (%)/ hasil (%)/
Pre-determined Profit sharing
ratio (%) rate (%)
Tabungan mudharabah 2.68% 3.10% Mudharabah savings deposits
Pada tanggal 31 Desember 2023 dan 2022, tidak As of 31 December 2023 and 2022, there were no
ada saldo tabungan mudharabah yang diblokir atau mudharabah saving deposits which were blocked or
dijadikan jaminan pembiayaan. pledged for financing.
24. DEPOSITO MUDHARABAH 24. MUDHARABAH TIME DEPOSITS
a. Berdasarkan pihak berelasi dan pihak ketiga a. By related parties and third parties
2023 2022
Bukan bank Non-bank
Pihak ketiga 8,997,932) 9,043,060) Third parties
Pihak berelasi (Catatan 39) 32,934) 36,535) Related parties (Note 39)
9,030,866) 9,079,595)
b. Berdasarkan jangka waktu b. By time period
2023 2022
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Bukan bank Non-bank
> 1 - 3 bulan 8,721,511) 8,786,784) > 1 - 3 months
> 3 - 6 bulan 299,222) 280,994) > 3 - 6 months
> 6 - 9 bulan -) 2,000) > 6 - 9 months
> 9 - 12 bulan 10,111) 9,795) > 9 - 12 months
Lebih dari 12 bulan 22) 22) More than 12 months
9,030,866) 9,079,595)
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
24. DEPOSITO MUDHARABAH (lanjutan) 24. MUDHARABAH TIME DEPOSITS (continued)
c. Berdasarkan sisa umur sampai jatuh tempo c. By remaining period to maturity date
2023 2022
Bukan bank Non-bank
Hingga 1 bulan 7,329,602) 7,513,812) Up to 1 months
> 1 - 3 bulan 1,467,881) 1,378,351) > 1 - 3 months
> 3 - 6 bulan 227,896) 180,550) > 3 - 6 months
> 6 - 9 bulan 1,193) 3,385) > 6 - 9 months
> 9 - 12 bulan 4,294) 3,475) > 9 - 12 months
Lebih dari 12 bulan -) 22) More than 12 months
9,030,866) 9,079,595)
Pada tanggal 31 Desember 2023 dan 2022, ada As of 31 December 2023 and 2022, there were
deposito mudharabah yang diblokir dan dijadikan mudharabah time deposits which were blocked and
sebagai jaminan atas pembiayaan masing-masing used as collateral for financing amounting to
sebesar Rp 8.000. Rp 8,000, respectively.
Nisbah dan tingkat bagi hasil rata-rata untuk The average of pre-determined ratio (nisbah) and
deposito mudharabah pada tanggal profit sharing rate for mudharabah time deposits as
31 Desember 2023 dan 2022 adalah sebagai of 31 December 2023 and 2022 were as follows:
berikut:
2023
Tingkat
Nisbah (%)/ bagi hasil (%)/
Pre-determined Profit sharing
Ratio (%) rate (%)
1 bulan 9.00% 4.88% 1 month
3 bulan 8.93% 4.97% 3 month
6 bulan 8.76% 4.80% 6 month
12 bulan 8.13% 4.79% 12 month
2022
Tingkat
Nisbah (%)/ bagi hasil (%)/
Pre-determined Profit sharing
Ratio (%) rate (%)
1 bulan 7.71% 3.82% 1 month
3 bulan 7.77% 3.81% 3 month
6 bulan 7.89% 3.82% 6 month
12 bulan 8.24% 4.23% 12 month
25. MODAL SAHAM 25. SHARE CAPITAL
Berdasarkan Rapat Umum Pemegang Saham Luar Based on Circular Resolution of the Shareholders
Biasa (RUPSLB) Bank yang dilaksanakan secara of the Bank, in lieu of Extraordinary General
sirkuler pada tanggal 16 November 2017, para Meeting of Shareholders (RUPSLB) dated
pemegang saham menyetujui rencana Penawaran 16 November 2017, the shareholders approved the
Umum Perdana Saham Biasa kepada masyarakat Initial Public Offering of Ordinary Shares plan to
PT Bank BTPN Syariah Tbk | 2023 Annual Report
melalui pasar modal serta melakukan pencatatan public through capital market and listing of the
saham Bank di Bursa Efek Indonesia. Pada tanggal Bank’s shares at the Indonesia Stock Exchange.
25 April 2018, Bank memperoleh pernyataan efektif On 25 April 2018, the Bank obtained the effective
dari Otoritas Jasa keuangan dengan surat notice from the Financial Services Authority
No. S-36/D-04/2018 untuk melakukan penawaran through letter No. S-36/D-04/2018 for its initial
umum saham perdana tersebut. public offering.
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
25. MODAL SAHAM (lanjutan) 25. SHARE CAPITAL (continued)
Bank melakukan penawaran umum perdana atas The Bank undertook an initial public offering of
770.370.000 saham dengan nilai nominal sebesar 770,370,000 shares with a nominal value of
Rp 100 (nilai penuh) setiap saham dengan harga Rp 100 (full amount) per share with offering price
penawaran setiap saham sebesar Rp 975 (nilai of Rp 975 (full amount) per share to the public in
penuh) kepada masyarakat di Indonesia. Saham Indonesia. The shares were listed at the Indonesia
tersebut dicatat di Bursa Efek Indonesia atau BEI Stock Exchange or IDX on 8 May 2018. As a result
pada tanggal 8 Mei 2018. Dari hasil Penawaran of the Initial Public Offering, the Bank recorded
Umum Perdana, Bank mencatatkan tambahan additional paid in capital as agio amounting to
modal disetor berupa agio sebesar Rp 674.074 Rp 674,074 with the cost of issuing shares
dengan biaya emisi saham sebesar Rp 16.090. amounting to Rp 16,090. Net proceeds from the
Hasil emisi bersih dari penawaran umum perdana initial public offering was Rp 735,021. Total
ini adalah sebesar Rp 735.021. Jumlah tambahan additional paid-in capital of the Bank as of
modal disetor Bank pada tanggal 31 December 2018 was Rp 846,440.
31 Desember 2018 adalah Rp 846.440.
Berdasarkan Rapat Umum Pemegang Saham Luar Based on a Circular Resolution of the
Biasa (”RUPSLB”) Bank yang dilaksanakan secara Shareholders of the Bank, in lieu of an
sirkuler pada tanggal 5 April 2018, para pemegang Extaordinary General Meeting of Shareholders
saham menyetujui penambahan modal dasar Bank (“RUPSLB”) dated 5 April 2018, the shareholders
dari semula sebesar 15.000.000.000 lembar saham approved the increase of the authorized share
dengan jumlah nilai nominal Rp 1.500.000 menjadi capital of the Bank from 15,000,000,000 shares
sebesar 27.500.000.000 lembar saham dengan with total nominal value of Rp 1,500,000 to
jumlah nilai nominal Rp 2.750.000. 27,500,000,000 shares with total nominal value of
Rp 2,750,000.
Penambahan modal dasar Bank telah dinyatakan The addition of the Bank’s authorized shares
dalam perubahan Anggaran Dasar capital had been stated in the amendment Articles
Nomor 8 tanggal 5 April 2018 oleh Notaris Jose of Association No. 8 dated 5 April 2018 by Notary
Dima Satria, S.H.,M.Kn., dan telah dilaporkan pada Jose Dima Satria S.H.,M.Kn and reported to the
Kementerian Hukum dan Hak Asasi Manusia Ministry of Law and Human Rights of the Republic
Republik Indonesia berdasarkan Keputusan of Indonesia through its letter No. AHU-
No. AHU-0007953.AH.01.02. Tahun 2018 tanggal 0007953.AH.01.02.Year 2018 dated 10 April 2018
10 April 2018 dan Surat Penerimaan and Letter of Acceptance of the Amendment
Pemberitahuan Perubahan Anggaran Dasar Articles of Association through its letter No. AHU-
No. AHU-AH.01.03-0140091 tanggal 10 April 2018. AH.01.03-0140091 dated 10 April 2018.
Berdasarkan Akta Pernyataan Keputusan Based on the Resolution of Shareholder’s Meeting
Pemegang Saham Perubahan Anggaran Dasar of the amendment Articles of Association No. 178
No 178 tanggal 31 Mei 2018, oleh Notaris Jose dated 31 May 2018 by Notary Jose Dima Satria
Dima Satria, S.H.,M.Kn., dan telah dilaporkan pada S.H., M.Kn and reported to the Ministry of Law and
Kementerian Hukum dan Hak Asasi Manusia Human Rights of the Republic of Indonesia through
Republik Indonesia berdasarkan Surat Penerimaan its Letter of Acceptance of the Amendment Articles
Pemberitahuan Perubahan Anggaran Dasar of Association No. AHU-AH.01.03-0215425 dated
No. AHU-AH.01.03-0215425 tanggal 21 Juni 2018, 21 June 2018, the shareholders approved to
pemegang saham telah menyetujui untuk restate the shares ownership composition after the
menyatakan kembali komposisi kepemilikan saham Initial Public Offering and listing of the Bank’s
Bank setelah dilakukannya Penawaran Umum shares at the Indonesia Stock Exchange.
Saham Perdana dan mencatatkan saham-saham
tersebut pada Bursa Efek Indonesia.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
25. MODAL SAHAM (lanjutan) 25. SHARE CAPITAL (continued)
Susunan pemegang saham Bank pada tanggal The composition of the Bank’s shareholders as of
31 Desember 2023 dan 2022 adalah sebagai 31 December 2023 and 2022 was as follows:
berikut:
2023
Jumlah saham
ditempatkan
dan disetor Persentase Jumlah
penuh/ kepemilikan/ modal/
Issued and fully Ownership Amount of
Pemegang saham paid shares percentage capital Shareholders
PT BANK BTPN Tbk (“BTPN”) 5,392,590,000 70.000% 539,259 PT BANK BTPN Tbk (“BTPN”)
Masyarakat (masing-masing <5%) 2,310,493,900 29.992% 231,049 Public (below 5% each)
7,703,083,900 99.992% 770,308
Saham tresuri 616,100 0.008% 62 Treasury shares
7,703,700,000 100.000% 770,370
2022
Jumlah saham
ditempatkan
dan disetor Persentase Jumlah
penuh/ kepemilikan/ modal/
Issued and fully Ownership Amount of
Pemegang saham paid shares percentage capital Shareholders
PT BANK BTPN Tbk (“BTPN”) 5,392,590,000 70.000% 539,259 PT BANK BTPN Tbk (“BTPN”)
Masyarakat (masing-masing <5%) 2,309,842,000 29.984% 230,984 Public (below 5% each)
7,702,432,000 99.984% 770,243
Saham tresuri 1,268,000 0.016% 127 Treasury shares
7,703,700,000 100.000% 770,370
26. CADANGAN WAJIB 26. LEGAL RESERVES
Cadangan wajib dibentuk dalam rangka memenuhi The legal reserves are provided in accordance with
ketentuan pasal 70 Undang-undang No. 40/2007 Indonesian Limited Liability Company Law
mengenai Perseroan Terbatas yang mengharuskan No. 40/2007 article 70 which requires Indonesian
perusahaan Indonesia untuk membentuk cadangan companies to set up a legal reserve amounting to
wajib sebesar sekurang-kurangnya 20% dari jumlah at least 20% of the issued and fully paid-up capital.
modal yang ditempatkan dan disetor penuh. This particular law does not regulate the period of
Undang-undang tersebut tidak mengatur jangka time in relation to the provision of such reserves.
waktu untuk pembentukan cadangan tersebut.
Berdasarkan keputusan Rapat Umum Pemegang Based on result of the Annual General Meeting of
Saham Tahunan tanggal 12 April 2023 yang berita Shareholders on 12 April 2023 which was notarized
acaranya diaktakan dengan akta No. 26 tanggal by Ashoya Ratam, Sh., Mk., in notarial deed No. 26
12 April 2023 dari Notaris Ashoya Ratam, S.H., dated 12 April 2023 the shareholders approved the
Mkn., para pemegang saham menyetujui appropriation of net income for the year ended
penggunaan laba bersih untuk tahun yang berakhir 31 December 2022 as legal reserve amounted to
pada tanggal 31 Desember 2022 sebagai cadangan Rp 20,000 (Note 27).
PT Bank BTPN Syariah Tbk | 2023 Annual Report
wajib sebesar Rp 20.000 (Catatan 27).
Berdasarkan keputusan Rapat Umum Pemegang Based on result of the Annual General Meeting of
Saham Tahunan tanggal 21 April 2022 yang berita Shareholders on 21 April 2022 which was notarized
acaranya diaktakan dengan akta No. 41 tanggal by Ashoya Ratam, Sh., Mk., in notarial deed No. 41
21 April 2022 dari Notaris Ashoya Ratam, S.H., dated 21 April 2022 the shareholders approved the
Mkn., para pemegang saham menyetujui appropriation of net income for the year ended
penggunaan laba bersih untuk tahun yang berakhir 31 December 2021 as legal reserve amounted to
pada tanggal 31 Desember 2021 sebagai cadangan Rp 20,000 (Note 27).
wajib sebesar Rp 20.000 (Catatan 27).
67
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
27. PENGGUNAAN LABA BERSIH 27. APPROPRIATION OF NET INCOME
Para pemegang saham menyetujui penggunaan The shareholders approved the appropriation of
laba bersih untuk tahun yang berakhir pada net income for the year ended 31 December 2022
tanggal 31 Desember 2022 sebagai berikut: as follows:
(1) Pembentukan tambahan cadangan wajib (1) Additional appropriation for legal reserve
sebesar Rp 20.000 untuk tahun 2023. amounted to Rp 20,000 for the year 2023.
(2) Bank membagikan dividen kepada para (2) The Bank distributed dividend to shareholders
pemegang saham sebesar Rp 712.535 atau amounting Rp 712,535 or Rp 92.50 (full
Rp 92,50 (nilai penuh) per lembar saham. amount) per share. Cash dividend was paid at
Dividen tunai yang dibayarkan senilai the amount of Rp 681,151 with tax on dividend
Rp 681.151 dengan pajak dividen sebesar amounting to Rp 31,384. On 12 May 2023,
Rp 31.384. Pada tanggal 12 Mei 2023, PT Kustodian Sentral Efek Indonesia has
PT Kustodian Sentral Efek Indonesia telah distributed cash dividends to Shareholders
melakukan distribusi deviden tunai kepada based on the recording date of 2 May 2023.
Pemegang Saham berdasarkan tanggal
pencatatan tanggal 2 Mei 2023.
(3) Sisa saldo laba bersih yang diperoleh Bank (3) The remaining balance of the Bank’s net
setelah dikurangi pembentukan tambahan income, after deducting with additional
cadangan wajib dan pembagian dividen, appropriation legal reserves and dividend
dinyatakan sebagai saldo laba yang belum payment, shall be declared as unappropriated
ditentukan penggunaannya. retained earnings.
Para pemegang saham menyetujui penggunaan The shareholders approved the appropriation of
laba bersih untuk tahun yang berakhir pada net income for the year ended 31 December 2021
tanggal 31 Desember 2021 sebagai berikut: as follows:
(1) Pembentukan tambahan cadangan wajib (1) Additional appropriation for legal reserve
sebesar Rp 20.000 untuk tahun 2022. amounted to Rp 20,000 for the year 2022
(2) Bank membagikan dividen kepada para (2) The Bank distributed dividend to shareholders
pemegang saham sebesar Rp 451.453 atau amounting Rp 451,453 or Rp 61.75 (full
Rp 61,75 (nilai penuh) per lembar saham. amount) per share. Cash dividend was paid at
Dividen tunai yang dibayarkan senilai the amount of Rp 475,626 with tax on dividend
Rp 475.626 dengan pajak dividen sebesar amounting to Rp 24,173. On 20 May 2022,
Rp 24.173. Pada tanggal 20 Mei 2022, PT Kustodian Sentral Efek Indonesia has
PT Kustodian Sentral Efek Indonesia telah distributed cash dividends to Shareholders
melakukan distribusi deviden tunai kepada based on the recording date of 11 May 2022.
Pemegang Saham berdasarkan tanggal
pencatatan tanggal 11 Mei 2022.
(3) Sisa saldo laba bersih yang diperoleh Bank (3) The remaining balance of the Bank’s net
setelah dikurangi pembentukan tambahan income, after deducting this with additional
cadangan wajib dan pembagian dividen, appropriation legal reserves and dividend
dinyatakan sebagai saldo laba yang belum payment, shall be declared as unappropriated
ditentukan penggunaannya. retained earnings.
28. PENDAPATAN USAHA UTAMA LAINNYA 28. OTHER MAIN OPERATING INCOME
2023 2022
Pendapatan dari investasi pada Income from investment in
surat berharga 411,569) 305,691) marketable securities
Pendapatan bagi hasil penempatan Profit sharing income from placements in
PT Bank BTPN Syariah Tbk | 2023 Annual Report
pada Deposito 10,785) 3,132) Deposits
Pendapatan bagi hasil penempatan Profit sharing income from placements
pada Sertifikat Investasi in Certificate of Interbank Mudharabah
Mudharabah Antarbank (SIMA) 7,157) 531) Investment (SIMA)
Pendapatan bonus penempatan Bonus income from placements
pada FASBIS 5,573) 7,653) in FASBIS
Pendapatan imbalan dari Income from placements
penempatan pada SBIS -) 347) in SBIS
Pendapatan dari bank-bank lain & Income from other banks and Bank
Bank Indonesia – lainnya 6,767) 4,808) Indonesia - others
441,851) 322,162)
68
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
29. HAK PIHAK KETIGA ATAS BAGI HASIL DANA 29. THIRD PARTIES’ SHARE ON RETURN OF
SYIRKAH TEMPORER TEMPORARY SYIRKAH FUNDS
2023 2022
Deposito mudharabah 455,237) 315,501) Mudharabah time deposits
Tabungan mudharabah 29,756) 24,643) Mudharabah savings deposits
Pembiayaan yang diterima 820) 4,250) Borrowings
Sertifikat Investasi Mudharabah Interbank Mudharabah Investment
Antarbank (SIMA) 620) 46) (SIMA)
486,433) 344,440)
30. PENDAPATAN OPERASIONAL LAINNYA 30. OTHER OPERATING INCOME
2023 2022
Penerimaan kembali piutang yang Recovery from
telah dihapusbukukan 55,960) 51,358) written-off receivables
Jasa administrasi layanan bank 1,339) 1,351) Bank service administration fees
Lain-lain 3,650) 12,937) Others
60,949) 65,646)
31. BEBAN TENAGA KERJA 31. PERSONNEL EXPENSES
2023 2022
Tunjangan karyawan 706,827) 620,901) Employee allowances
Gaji dan upah 613,880) 553,713) Salaries and wages
Pendidikan dan pelatihan 41,698) 18,527) Education and training
1,362,405) 1,193,141)
32. BEBAN UMUM DAN ADMINISTRASI 32. GENERAL AND ADMINISTRATIVE EXPENSES
2023 2022
Perlengkapan kantor dan jasa Office equipment and third party
dari pihak ketiga 251,813) 236,116) services
Penyusutan aset tetap (Catatan 13) 169,234) 159,178) Depreciation of fixed assets (Note 13)
Pemeliharaan dan perbaikan 84,101) 66,529) Service and maintenance
Amortisasi aset takberwujud (Catatan 14) 46,926) 37,757) Amortization of intangible assets (Note 14)
Asuransi 28,577) 25,737) Insurance
Jasa profesional 27,933) 56,554) Professional fees
Sewa 17,036) 20,499) Rent
Promosi 9,732) 5,950) Promotion
Bonus simpanan wadiah (Catatan 18) 761) 609) Wadiah deposit bonus (Note 18)
Lain-lain 2,491) 1,764) Others
638,604) 610,693)
PT Bank BTPN Syariah Tbk | 2023 Annual Report
33. PEMBENTUKAN CADANGAN KERUGIAN 33. PROVISION FOR ALLOWANCE OF
PENURUNAN NILAI IMPAIRMENT LOSSES
2023 2022
Piutang murabahah (Catatan 10) 1,898,302) 944,483) Murabahah receivables (Note 10)
Piutang qardh 221) 69) Qardh receivables
Pembiayaan musyarakah (Catatan 11) (406) 500) Musyarakah financing (Note 11)
1,898,117) 945,052)
69
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
34. BEBAN OPERASIONAL LAINNYA 34. OTHER OPERATING EXPENSES
2023 2022
Keanggotaan OJK 11,189) 9,654) OJK membership
Kerugian operasional 7,421) 5,948) Operational loss
Pengembangan komunitas 7,263) 40,544) Community development expenses
Kantor 3,141) 2,461) Office expense
Lain-lain 13,489) 7,051) Others
42,503) 65,658)
Lain-lain terdiri dari beban operasional terkait Others consist of operating expenses related to
dengan program pengembangan eksternal, program external development program, financial inclusion
laku pandai, dan entertainment. program and entertainment.
35. PENDAPATAN NON-OPERASIONAL – BERSIH 35. NON-OPERATING INCOME - NET
2023 2022
Pendapatan non-operasional 2,899) 4,157) Non-operating income
Beban non-operasional (2,074) (2,215) Non-operating expenses
825) 1,942)
Pendapatan non-operasional sebagian besar terdiri Non-operating income mostly consists of gain on
dari keuntungan penjualan aset tetap dan sale of fixed assets and other non-operating
pendapatan non-operasional lainnya. income.
Beban non-operasional terdiri dari sumbangan, Non-operating expenses consist of contribution,
iuran keanggotaan, dan lain-lain. membership fees, and others.
36. INFORMASI MENGENAI KOMITMEN DAN 36. COMMITMENTS AND CONTINGENCIES
KONTINJENSI INFORMATION
a. Bank memiliki tagihan kontinjensi berupa a. The Bank had contingent receivables in the
pendapatan dari piutang pembiayaan form of income from non-performing financing
yang non-performing sebesar Rp 44.739 receivables amounting to Rp 44,739 as of
pada tanggal 31 Desember 2023 31 December 2023 (31 December 2022:
(31 Desember 2022: Rp 42.336). Rp 42,336).
b. Bank memiliki liabilitas komitmen sebesar nihil b. The Bank had committed liability
pada tanggal 31 Desember 2023 amounting to nil as of 31 December 2023
(31 Desember 2022: Rp 20.032). (31 December 2022: Rp 20,032).
37. LABA BERSIH PER SAHAM 37. EARNINGS PER SHARE
2023 2022
Laba bersih tahun berjalan 1,080,588) 1,779,580) Net profit for the year
Jumlah rata-rata tertimbang saham Weighted average number
biasa 7,703,042,821) 7,702,375,205) of shares
Laba bersih per saham dasar/ dilusian Basic/diluted earnings per
(nilai penuh) 140) 231) share (full amount)
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Pada tanggal 31 Desember 2023 dan 2022, tidak As of 31 December 2023 and 2022, there were no
ada efek yang berpotensi saham yang dapat dilutive potential ordinary shares that would give
menimbulkan pengaruh dilusi pada laba bersih per rise to a dilution of the Bank’s earnings per share.
saham Bank.
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
38. LIABILITAS IMBALAN KERJA KARYAWAN 38. EMPLOYEE BENEFITS LIABILITIES
2023 2022
Imbalan kerja jangka pendek: Short-term employee benefits:
Akrual bonus karyawan, THR, Accruals of employee
tantiem dan liabilitas jangka bonus, THR, tantiem and
pendek lainnya 187,270) 164,746) other short-term liabilities
Imbalan kerja jangka panjang: Long-term employee benefits:
Imbalan pascakerja 28,304) 7,955) Post-employment benefits
Imbalan kerja jangka panjang Other long-term employee
lainnya 13,716) 12,992) benefits
Liabilitas yang diakui pada laporan Liabilities recognised in the statement of
posisi keuangan 229,290) 185,693) financial position
Bank menerapkan kebijakan program imbalan The Bank implemented a policy on post-
pascakerja sesuai dengan Undang-Undang Cipta employment benefits based on Job Creation Act
Kerja (UUCK) No. 11 Tahun 2020, Peraturan (UUCK) No. 11 Year 2020, Government
Pemerintah No. 35 Tahun 2021 dan Perjanjian Regulations No. 35 Year 2021 and Collective Labor
Kerja Bersama yang berlaku di Bank. Dasar Agreement applied by the Bank. The calculation of
perhitungan imbalan UUCK No. 11 ini UUCK No. 11 benefits is based on current basic
menggunakan gaji pokok terkini. salary.
Program tersebut memberikan imbalan pensiun The program calls for benefits to be paid to eligible
yang akan dibayarkan kepada karyawan yang employees at retirement or when the employees
berhak pada saat karyawan pensiun atau pada saat resign according to the Labor Law regulation.
karyawan tersebut berhenti sesuai dengan
peraturan UU Ketenagakerjaan.
Pendanaan program pascakerja ini ditanggung Post-employement benefit plan is fully funded by the
sepenuhnya oleh Bank dengan membayar iuran Bank, by paying sufficient contributions to meet the
yang setidaknya memenuhi jumlah minimum minimum requirements set forth in applicable laws.
seperti yang diharuskan oleh peraturan perundang- The Bank’s defined benefit pension plan is
undangan yang berlaku. Pengelolaan dana managed by PT Asuransi Allianz Life Indonesia. As
program pensiun imbalan pasti dilakukan oleh of 31 December 2023 and 2022, the total number of
PT Asuransi Allianz Life Indonesia. Pada tanggal employees eligible for this benefit was 3,628 and
31 Desember 2023 dan 2022, jumlah karyawan 3,924 employees, respectively (unaudited).
yang memiliki hak atas imbalan ini adalah masing-
masing sebanyak 3.628 dan 3.924 karyawan (tidak
diaudit).
Selain imbalan yang disebutkan diatas, Bank juga Beside the benefit mentioned above, the Bank also
memberikan imbalan kerja jangka panjang lainnya provides other long-term employee benefits in form
berupa imbalan cuti panjang. of long service leave benefit.
Penilaian aktuarial pada tanggal The actuarial valuation as of 31 December 2023
31 Desember 2023 dilakukan oleh konsultan was performed by registered actuarial consulting
aktuaria terdaftar, Kantor Konsultan Aktuaria Yusi firm, Kantor Konsultan Aktuaria Yusi dan Rekan
dan Rekan (2022: Kantor Konsultan Aktuaria Yusi (2022: Kantor Konsultan Aktuaria Yusi dan Rekan),
dan Rekan), aktuaris independen, dengan independent actuary, using projected unit credit
menggunakan metode projected unit credit method as stated in its reports dated
sebagaimana yang tercantum dalam laporan pada 9 January 2024 (2022: 6 January 2023) with the
PT Bank BTPN Syariah Tbk | 2023 Annual Report
tanggal 9 Januari 2024 (2022: tanggal following assumptions:
6 Januari 2023) dengan asumsi-asumsi sebagai
berikut:
71
539
Page 542
PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
38. LIABILITAS IMBALAN KERJA KARYAWAN 38. EMPLOYEE BENEFITS LIABILITIES
(lanjutan) (continued)
Program pensiun imbalan pasti Defined benefit pension plan
2023 2022
Tingkat diskonto per tahun 6.45% - 7.14% 5.77% - 7.30% Annual discount rate
Tingkat kenaikan gaji per tahun 9% 9% Annual salary increase rate
Tabel mortalita TMI (Tabel Mortalita TMI (Tabel Mortalita Mortality table
Indonesia) 2019/ TMI Indonesia) 2019/ TMI
(Indonesian Mortality (Indonesia Mortality
Table) 2019 Table) 2019
Usia pensiun 55 tahun/years 55 tahun/years Retirement age
Imbalan pascakerja Post-employment benefits
Status pendanaan atas program pensiun pada The funding status of the pension plan as of
tanggal 31 Desember 2023 dan 2022 yang masing- 31 December 2023 and 2022 based on the actuarial
masing berdasarkan laporan aktuaria adalah reports was as follows:
sebagai berikut:
2023 2022
Nilai kini liabilitas imbalan pasti (229,374) (195,106) Present value of defined benefits liabilities
Nilai wajar aset program 204,563) 202,188) Fair value of plan assets
(Kekurangan) surplus pendanaan (24,811) 7,082) Funding (deficit) surplus
Dampak batas atas aset -) (7,082) The effect of the asset ceiling
(Liabilitas) aset imbalan bersih neto (24,811) -) Net defined benefit (liability) asset
Perubahan liabilitas imbalan pasti yang timbul dari The movement in the defined benefits liabilities
imbalan pascakerja selama tahun berjalan adalah arising from post-employment benefits during the
sebagai berikut: year was as follows:
2023 2022
Nilai kini liabilitas imbalan Present value of defined benefits
pasti, awal tahun 195,106) 240,583) liabilities, beginning of year
Termasuk dalam laba rugi Included in profit or loss
Beban jasa kini 34,487) 32,371) Current service cost
Beban bunga 13,647) 15,243) Interest expense
Penyesuaian atas perubahan metode Adjustment due to change in
atribusi -) (53,029) benefit attribution method
Termasuk dalam penghasilan Included in other comprehensive
komprehensif lain income
Pengukuran kembali: Remeasurement:
- Penyesuaian asumsi keuangan 6,593) (4,554) Changes in financial assumption -
- Penyesuaian pengalaman (11,247) (19,388) Experience adjustment -
Lain-lain Others
Imbalan yang dibayar (9,212) (16,120) Benefits paid
Nilai kini liabilitas imbalan Present value of defined
pasti, akhir tahun 229,374) 195,106) benefits liabilities, end of year
Pergerakan nilai wajar aset program selama tahun The movement in the fair value of plan assets during
berjalan adalah sebagai berikut: the year was as follows:
2023 2022
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Saldo, awal tahun 202,188) 219,728) Balance, beginning of year
Termasuk dalam laba rugi Included in profit or loss
Hasil yang diharapkan dari aset Expected return on plan
program 14,521) 15,024) assets
Termasuk dalam penghasilan Included in other comprehensive
komprehensif lain income
Penyesuaian pengalaman (12,934) (10,969) Experience adjustments
Lain-lain Others
Kontribusi pemberi kerja 10,000) -) Employer’s contribution
Imbalan yang dibayar (9,212) (16,120) Benefits paid
Mutasi aset -) (5,475) Asset mutation
Saldo, akhir tahun 204,563) 202,188) Balance, ending of year
72
540
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
38. LIABILITAS IMBALAN KERJA KARYAWAN 38. EMPLOYEE BENEFITS LIABILITIES
(lanjutan) (continued)
Imbalan pascakerja (lanjutan) Post-employment benefits (continued)
Seluruh aset program pensiun pada tanggal All of the pension plan assets as of
31 Desember 2023 dan 2022 ditempatkan pada 31 December 2023 and 2022 were placed on
Program Dana Pensiun Lembaga Keuangan Allianz Program Dana Pensiun Lembaga Keuangan Allianz
dengan deposito berjangka sebagai aset yang with time deposits as underlying assets.
mendasari.
Bank terekspos dengan beberapa risiko melalui The Bank is exposed to a number of risks through
program imbalan pasti. Risiko yang paling signifikan its defined benefit pension plans. The most
adalah sebagai berikut: significant risks are as follows:
Volatilitas aset Asset volatility
Liabilitas program dihitung menggunakan tingkat The plan liabilities are calculated using a discount
diskonto yang merujuk kepada tingkat imbal hasil rate set with reference to government bond yields. If
obligasi pemerintah. Jika imbal hasil aset program plan assets underperform this yield, then this will
lebih rendah, maka akan menghasilkan defisit create a deficit.
program.
Hasil yang diharapkan dari aset program ditentukan The expected return on plan assets is determined
dengan mempertimbangkan imbal hasil yang by considering the expected returns available on the
diharapkan atas aset dengan mengacu pada assets underlying the current investment policy.
kebijakan investasi. Hasil investasi bunga tetap Expected yields on fixed interest investments are
didasarkan pada hasil pengembalian bruto pada based on gross redemption yields as of the reporting
tanggal pelaporan. date.
2023 2022
Dampak batas atas aset pada awal Effect of asset ceiling at beginning of
periode 7,082) -) period
Termasuk dalam laba rugi Included in profit or loss
Bunga atas dampak batas aset 510) -) Interest on the effect of asset ceiling
Termasuk dalam penghasilan Included in other comprehensive
komprehensif lain income
Setiap perubahan yang berdampak Any change in the effect of the
pada batas atas aset, tidak termasuk asset ceiling, excluding
jumlah yang dimasukkan dalam amounts included in net
bunga neto atas liabilitas (aset) interest on the net defined
imbalan pasti neto (7,592) 7,082) benefit liability (asset)
Dampak batas atas aset pada akhir Effect of asset ceiling at the
periode -) 7,082) end of period
Nilai kini liabilitas imbalan pascakerja, nilai wajar Present value of post-employment benefits
aset program, defisit/surplus pada program dan liabilities, fair value of plan assets, deficit/surplus of
penyesuaian pada liabilitas program dan aset program and adjustment on plan liabilities and plan
program untuk 5 tahun terakhir adalah sebagai assets for the last 5 years were as follows:
berikut:
2023 2022 2021 2020 2019
Nilai kini liabilitas imbalan Present value of
pasti (229,374) (195,106) (240,583) (217,467) (175,160) defined benefits liabilities
Nilai wajar aset Fair value of plan
program 204,563) 202,188) 219,728) 193,363) 188,883) asset
Surplus (defisit) (24,811) 7,082) (20,855) (24,104) 13,723) Surplus (deficit)
PT Bank BTPN Syariah Tbk | 2023 Annual Report
The effect of the asset
Dampak batas atas aset -) (7,082) -) -) -) ceiling
(Liabilitas) aset imbalan Net defined benefit
bersih neto (24,811) -) (20,855) (24,104) 13,723) (liability) asset
Penyesuaian yang timbul Adjustments on
pada liabilitas program (4,654) (23,942) (13,603) (7,606) 16,253) plan liabilities
Penyesuaian pengalaman
yang timbul pada aset Experience
program (12,934) (10,969) (8,153) (5,969) (4,052) adjustment on plan assets
73
541
Page 544
PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
38. LIABILITAS IMBALAN KERJA KARYAWAN 38. EMPLOYEE BENEFITS LIABILITIES
(lanjutan) (continued)
Imbalan pascakerja (lanjutan) Post-employment benefits (continued)
Manajemen berkeyakinan bahwa estimasi liabilitas Management believes that the estimated post-
atas imbalan pascakerja pada tanggal employment benefit liabilities as of
31 Desember 2023 dan 2022 telah memenuhi 31 December 2023 and 2022 have fulfilled the
persyaratan minimum UUCK. minimum requirements of UUCK.
Durasi rata-rata tertimbang dari liabilitas program The weighted average duration of the defined
pensiun imbalan pasti pada tanggal benefit pension obligation as of 31 December 2023
31 Desember 2023 dan 2022 masing-masing and 2022 was 14.79 years and 13.38 years,
adalah 14,79 tahun dan 13,38 tahun. respectively.
Analisis jatuh tempo yang diharapkan dari imbalan Expected maturity analysis of undiscounted pension
pensiun yang tidak didiskontokan adalah sebagai benefits was as follows:
berikut:
2023 2022
Hingga 1 tahun 11,709) 8,428) Up to 1 year
> 1 - 2 tahun 14,013) 7,675) > 1 - 2 years
> 2 - 5 tahun 100,282) 79,774) > 2 - 5 years
Lebih dari 5 tahun 2,158,255) 1,516,997) More than 5 years
Sensitivitas dari kewajiban imbalan pasti terhadap The sensitivity of the defined benefit obligation to
perubahan asumsi aktuaria utama adalah sebagai changes in the principal actuarial assumptions was
berikut: as follows:
2023
Dampak program pensiun imbalan pasti/
Impact on defined benefit pension plan
Kenaikan
(penurunan)
beban jasa
kini/
Kenaikan (penurunan) nilai kini Increase
kewajiban imbalan kerja/ (decrease) in
Perubahan asumsi/ Increase (decrease) in present current service
Change in assumption value of benefit obligation cost
Kenaikan/Increase 1% (18,539) (3,195)
Tingkat diskonto Penurunan/Decrease 1% 21,207) 3,733) Discount rate
Kenaikan/Increase 1% 20,208) 3,605)
Tingkat kenaikan gaji Penurunan/Decrease 1% (18,048) (3,152)
Salary increase rate
2022
Dampak program pensiun imbalan pasti/
Impact on defined benefit pension plan
Kenaikan
(penurunan)
beban jasa
kini/
Kenaikan (penurunan) nilai kini Increase
kewajiban imbalan kerja/ (decrease) in
Perubahan asumsi/ Increase (decrease) in present current service
Change in assumption value of benefit obligation cost
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Kenaikan/Increase 1% (15,143) (2,918)
Tingkat diskonto Penurunan/Decrease 1% 17,252) 3,393) Discount rate
Kenaikan/Increase 1% 17,420) 3,425)
Tingkat kenaikan gaji Penurunan/Decrease 1% (15,566) (2,999)
Salary increase rate
74
542
Page 545
PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
38. LIABILITAS IMBALAN KERJA KARYAWAN 38. EMPLOYEE BENEFITS LIABILITIES
(lanjutan) (continued)
Imbalan pascakerja (lanjutan) Post-employment benefits (continued)
Analisa sensitivitas didasarkan pada perubahan atas The sensitivity analysis is based on a change in an
satu asumsi aktuaria dimana asumsi lainnya assumption while holding all other assumptions
dianggap konstan. Dalam praktiknya, hal ini jarang constant. In practice, this is unlikely to occur, and
terjadi dan perubahan beberapa asumsi mungkin changes in some of the assumptions may be
saling berkorelasi. Dalam perhitungan sensitivitas correlated. When calculating the sensitivity of the
liabilitas imbalan pasti atas asumsi aktuaria utama, defined benefits liabilities to key actuarial
metode yang sama (perhitungan nilai kini liabilitas assumptions, the same method (present value of
imbalan pasti dengan menggunakan metode the defined benefits liabilities calculated with the
projected unit credit di akhir periode pelaporan) telah projected unit credit method at the end of the
diterapkan seperti dalam penghitungan liabilitas reporting period) has been applied as when
imbalan pasti yang diakui dalam laporan posisi calculating the defined benefits liabilities recognised
keuangan. in the statement of financial position.
Imbalan jangka panjang lainnya Other long-term employee benefits
Perubahan liabilitas imbalan pasti yang timbul dari The movement in the defined benefits liabilities
imbalan kerja jangka panjang lainnya selama tahun arising from other long-term employee benefits
berjalan adalah sebagai berikut: during the year was as follows:
2023 2022
Nilai kini liabilitas imbalan pasti, awal Present value of the defined
tahun 12,992) 12,483) benefits liabilities, beginning of year
Termasuk dalam laba rugi Included in profit or loss
Beban jasa kini 1,794) 1,881) Current service cost
Beban bunga 878) 692) Interest expense
Pengukuran kembali: Remeasurement:
- Penyesuaian asumsi keuangan 246) (362) Changes in financial assumptions -
- Penyesuaian pengalaman (818) (544) Experience adjustment -
Imbalan yang dibayar (1,376) (1,158) Benefit paid
Nilai kini liabilitas imbalan pasti, akhir Present value of defined
tahun 13,716) 12,992) benefits liabilities, end of year
Analisis jatuh tempo yang diharapkan dari imbalan Expected maturity analysis of undiscounted other
jangka panjang lainnya tidak didiskontokan adalah long term employee benefits are as follows:
sebagai berikut:
2023 2022
< 1 tahun 1,999) 1,396) < 1 year
> 1 - 2 tahun 2,076) 2,078) > 1 - 2 years
> 2 - 5 tahun 6,411) 6,658) > 2 - 5 years
> 5 tahun 39,701) 40,089) > 5 years
PT Bank BTPN Syariah Tbk | 2023 Annual Report
75
543
Page 546
PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
38. LIABILITAS IMBALAN KERJA KARYAWAN 38. EMPLOYEE BENEFITS LIABILITIES
(lanjutan) (continued)
Imbalan jangka panjang lainnya (lanjutan) Other long-term employee benefits (continued)
Sensitivitas dari kewajiban imbalan jangka panjang The sensitivity of the other long term employee
lainnya terhadap perubahan asumsi aktuaria utama benefit obligation to changes in the principal
adalah sebagai berikut: actuarial assumptions is as follows:
2023
Dampak program imbalan jangka panjang lainnya/
Impact on other long term employee benefits plan
Kenaikan
(penurunan)
beban jasa
kini/
Kenaikan (penurunan) nilai kini Increase
kewajiban imbalan kerja/ (decrease) in
Perubahan asumsi/ Increase (decrease) in present current service
Change in assumption value of benefit obligation cost
Kenaikan/Increase 1% (790) (103)
Tingkat diskonto Penurunan/Decrease 1% 886) 115) Discount rate
Kenaikan/Increase 1% 789) 103)
Tingkat kenaikan gaji Penurunan/Decrease 1% (719) (94) Salary increase rate
2022
Dampak program imbalan jangka panjang lainnya/
Impact on other long term employee benefits plan
Kenaikan
(penurunan)
beban jasa
kini/
Kenaikan (penurunan) nilai kini Increase
kewajiban imbalan kerja/ (decrease) in
Perubahan asumsi/ Increase (decrease) in present current service
Change in assumption value of benefit obligation cost
Kenaikan/Increase 1% (699) (102)
Tingkat diskonto Penurunan/Decrease 1% 784) 112) Discount rate
Kenaikan/Increase 1% 763) 109)
Tingkat kenaikan gaji Penurunan/Decrease 1% (694) (100) Salary increase rate
Pada 31 Desember 2023 dan 2022, Imbalan Pasca As of 31 December 2023 and 2022, Post-
Kerja untuk Karyawan dengan Perjanjian Kerja Employment Benefits for Employees with Fixed
Waktu Tertentu (PKWT) dihitung secara internal Time Employment Agreements (PKWT) are
dengan metode historical stay rate dan sudah diakui calculated internally using the historical stay rate
oleh Bank masing-masing sebesar Rp 11.556 dan method and has been recognized by the Bank
Rp 7.955. amounted to Rp 11,556 and Rp 7,955, respectively.
39. TRANSAKSI DENGAN PIHAK BERELASI 39. RELATED PARTY TRANSACTIONS
Dalam kegiatan usahanya, Bank mengadakan In the normal course of business, the Bank engages
transaksi dengan pihak-pihak berelasi, terutama in transactions with related parties, primarily
meliputi transaksi-transaksi keuangan. consisting of financial transactions.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Di bawah ini adalah ikhtisar pihak-pihak berelasi The following is a summary of related parties who
yang bertransaksi dengan Bank, termasuk sifat have transactions with the Bank, and includes the
hubungan dan sifat transaksinya: nature of the relationship and transaction:
76
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
39. TRANSAKSI DENGAN PIHAK BERELASI 39. RELATED PARTY TRANSACTIONS
(lanjutan) (continued)
a. Jenis hubungan dan unsur transaksi berelasi a. Type of relationships and related parties
transactions
Pihak berelasi/ Jenis hubungan/ Unsur transaksi pihak berelasi/
Related parties Nature of relationships Related parties transactions
PT BANK BTPN Tbk (”BTPN”) Induk perusahaan/ Giro pada bank-bank lain/ Current accounts
Parent company with other banks
Direktur, Komisaris dan pejabat Personil manajemen kunci/ Tabungan wadiah, tabungan mudharabah,
eksekutif/Directors, Commissioners Key management personnel deposito mudharabah, gaji pokok,
and executive employees honorarium, bonus, tantiem, tunjangan
lainnya dan imbalan pascakerja, imbalan
jangka panjang lainnya/ Wadiah saving
deposits, Mudharabah saving deposits,
mudharabah time deposits, basic salary,
honorarium, bonus, tantiem, other
allowances and post-employment benefits,
other long-term employee benefits.
Personil manajemen kunci adalah orang-orang Key management personnel are those people
yang mempunyai kewenangan dan tanggung who have the authority and responsibility to
jawab untuk merencanakan, memimpin dan plan, lead and control activities of the Bank,
mengendalikan aktivitas Bank, secara langsung directly or indirectly. Key management
atau tidak langsung, termasuk Direktur dan personnel are the Directors and
Komisaris dan pejabat eksekutif dari Bank sesuai Commissioners and executive employees of
dengan peraturan Bank Indonesia. the Bank according to Bank Indonesia
regulation.
Saldo dan rincian transaksi dengan pihak The outstanding balances and detail
berelasi adalah sebagai berikut: transactions with related parties were as
follows:
2023 2022
Aset Assets
Giro pada bank-bank lain (Catatan 7) Current accounts with other banks (Note 7)
PT BANK BTPN Tbk 3,464) 8,982) PT BANK BTPN Tbk
Persentase terhadap jumlah aset 0.02% 0.04% Percentage to total assets
Liabilitas Liabilities
Simpanan nasabah (Catatan 18) Deposits from customers (Note 18)
Personil manajemen kunci 500) 370) Key management personnel
Jumlah liabilitas dari pihak-pihak berelasi 500) 370) Total liabilities from related parties
Persentase terhadap jumlah liabilitas 0.02% 0.01% Percentage to total liabilities
Dana syirkah temporer Temporary syirkah funds
Tabungan mudharabah (Catatan 23) Mudharabah saving deposits (Note 23)
Personil manajemen kunci 2,064) 596) Key management personnel
Deposito mudharabah (Catatan 24) Mudharabah time deposits (Note 24)
Personil manajemen kunci 32,934) 36,535) Key management personnel
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Jumlah dana syirkah temporer dari Total temporary syirkah funds from
pihak-pihak berelasi 34,998) 37,131) related parties
Persentase terhadap jumlah dana Percentage to total temporary
syirkah temporer 0.35% 0.38% syirkah funds
Hak pihak ketiga atas bagi hasil Third parties’ share on returns of
dana syirkah temporer temporary syirkah funds
Tabungan 37) 22) Saving accounts
Deposito berjangka 1,933) 1,765) Time deposits
Jumlah hak pihak ketiga atas bagi hasil Total third parties’ share on returns of
dana syirkah temporer 1,970) 1,787) temporary syirkah funds
Persentase terhadap jumlah hak Percentage to third parties’
pihak ketiga atas bagi hasil dana shares on temporary syirkah
syirkah temporer 0.40% 0.52% funds
77
545
Page 548
PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
39. TRANSAKSI DENGAN PIHAK BERELASI 39. RELATED PARTY TRANSACTIONS
(lanjutan) (continued)
b. Transaksi dengan pihak berelasi b. Related party transactions
Kompensasi yang dibayar atau terutang pada The compensation paid or payable to key
manajemen kunci atas jasa kepegawaian management for employee services was as
adalah sebagai berikut: follows:
2023
Personil manajemen
kunci lainnya/
Other key
Direksi/ Dewan Komisaris/ management
Board of Directors Board of Commissioners personnel
%*) Rp %*) Rp %*) Rp
Gaji dan imbalan karyawan Salaries and other short-
jangka pendek lainnya 6.08% 82,823) 2.75% 37,410) 4.91% 66,954) term employee benefits
Kewajiban imbalan pascakerja Net post-employment
bersih -) -) -) -) 0.28% 3,769) benefits liabilities
Imbalan jangka panjang lainnya -) -) -) -) 0.04% 562) Other long-term benefits
6.08% 82,823) 2.75% 37,410) 5.23% 71,285)
Jumlah Total
2022
Personil manajemen
kunci lainnya/
Other key
Direksi/ Dewan Komisaris/ management
Board of Directors Board of Commissioners personnel
% *)
Rp %*) Rp %*) Rp
Gaji dan imbalan karyawan Salaries and other short-
jangka pendek lainnya 7.13% 85,107 0.99% 11,797 6.12% 72,968 term employee benefits
Kewajiban imbalan pascakerja Net post-employment
bersih -) -) -) -) 0.00% - benefits liabilities
Imbalan jangka panjang lainnya -) -) -) -) 0.04% 456 Other long-term benefits
7.13% 85,107 0.99% 11,797 6.16% 73,424
Jumlah Total
*) % terhadap beban tenaga kerja % to total personnel expenses *)
40. ANALISIS JATUH TEMPO 40. MATURITY ANALYSIS
Jatuh tempo aset dan liabilitas pada tanggal The maturity of assets and liabilities as of
31 Desember 2023 dan 2022 berdasarkan umur 31 December 2023 and 2022 based on the
yang tersisa sampai dengan tanggal jatuh tempo remaining period to maturity date are as follows:
adalah sebagai berikut:
2023
Lebih dari 1 Lebih dari
bulan hingga 3 bulan
3 bulan/ hingga Lebih dari
Tidak ada Hingga 1 More than 1 1 tahun/ More 1 tahun/
jatuh tempo/ bulan/ month up to than 3 months More than Jumlah/
No maturity Up to 1 month 3 months up to 1 year 1 year Total
Aset Assets
Kas 497,153) -) -) -) -) 497,153) Cash
Giro dan penempatan pada Current accounts and placements
Bank Indonesia 663,443) 100,000) -) -) -) 763,443) with Bank Indonesia
Giro pada bank-bank lain 7,119) -) -) -) -) 7,119) Current accounts with other banks
Penempatan pada bank-
bank lain -) 129,500) 108,500) -) -) 238,000) Placements with other banks
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Investasi pada surat Investments in marketable
berharga -) 2,898,723) 591,974) 2,127,972) 3,028,087) 8,646,756) securities
Piutang murabahah -) 205,560) 654,777) 7,835,855) 2,836,360) 11,532,552) Murabahah receivables
Pinjaman qardh -) 355) 7) 38) 130) 530) Funds of qardh
Pembiayaan musyarakah -) 408) 1,593) 13,167) 4,501) 19,669) Musyarakah financing
Beban dibayar dimuka 48,012) -) -) -) -) 48,012) Prepayment
Aset tetap 376,242) -) -) -) -) 376,242) Fixed assets
Aset takberwujud 210,744) -) -) -) -) 210,744) Intangible assets
Aset pajak tangguhan 273,592) -) -) -) -) 273,592) Deferred tax assets
Aset lain-lain 24,107) 1,038) 194) 2,040) 8,091) 35,470) Other assets
2,100,412) 3,335,584) 1,357,045) 9,979,072) 5,877,169) 22,649,282)
Jumlah aset Total assets
Cadangan kerugian Allowance for impairment
penurunan nilai (1,213,916) losses
Jumlah aset, setelah
cadangan kerugian Total assets, net of
penurunan nilai 21,435,366) allowance for impairment losses
78
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
40. ANALISIS JATUH TEMPO (lanjutan) 40. MATURITY ANALYSIS (continued)
2023
Lebih dari 1
bulan hingga Lebih dari
Hingga 1 3 bulan/ 3 bulan hingga Lebih dari
Tidak ada bulan/ More than 1 1 tahun/ More 1 tahun/
jatuh tempo/ Up to 1 month up to than 3 months More than Jumlah/
No maturity month 3 months up to 1 year 1 year Total
Liabilitas Liabilities
Liabilitas segera -) 6,879) 22,466) -) -) 29,345) Liabilities due immediately
Bagi hasil yang belum Undistrubuted revenue
dibagikan -) 17,019) 4,288) 644) -) 21,951) sharing
Simpanan nasabah 2,221,997) -) -) -) -) 2,221,997) Deposits from customers
Utang pajak -) 45,435) -) 5,466) -) 50,901) Taxes payable
Liabilitas sewa -) 730) 78) 1,310) 51,674) 53,792) Lease liabilities
Liabilitas lain-lain 34,628) 27,941) -) -) -) 62,569) Other liabilities
Akrual 67,568) -) -) -) -) 67,568) Accruals
Liabilitas imbalan kerja Employee benefits
karyawan 50,082) 32,777) -) 146,431) -) 229,290) liabilities
Jumlah liabilitas 2,374,275) 130,781) 26,832) 153,851) 51,674) 2,737,413) Total liabilities
Dana syirkah temporer Temporary syirkah funds
Tabungan mudharabah 889,954) -) -) -) -) 889,954) Mudharabah saving deposits
Deposito mudharabah -) 7,329,602) 1,467,881) 233,383) -) 9,030,866) Mudharabah time deposits
Jumlah dana syirkah Total temporary syirkah
temporer 889,954) 7,329,602) 1,467,881) 233,383) -) 9,920,820) funds
Aset (liabilitas)-bersih,
sebelum cadangan Assets (liabilities)-net,
kerugian penurunan before allowance for
nilai (1,163,817) (4,124,799) (137,668) 9,591,838 5,825,495 9,991,049) impairment losses
Aset bersih, setelah Net assets, net of
cadangan kerugian allowance for
penurunan nilai 8,777,133)
impairment losses
2022
Lebih dari 1
bulan hingga Lebih dari
Hingga 1 3 bulan/ More 3 bulan hingga Lebih dari
Tidak ada bulan/ than 1 month 1 tahun/ More 1 tahun/
jatuh tempo/ Up to 1 up to 3 than 3 months More than Jumlah/
No maturity month months up to 1 year 1 year Total
Aset Assets
Kas 729,843) -) -) -) -) 729,843) Cash
Giro dan penempatan pada Current accounts and placements
Bank Indonesia 694,427) 37,000) -) -) -) 731,427) with Bank Indonesia
Giro pada bank-bank lain 11,337) -) -) -) -) 11,337) Current accounts with other banks
Penempatan pada bank-
bank lain -) 230,500) -) -) -) 230,500) Placements with other banks
Investasi pada surat Investments in marketable
berharga -) 2,782,881) 1,273,478) 1,088,512) 2,535,859) 7,680,730) securities
Piutang murabahah -) 158,606) 589,254) 7,674,079) 3,180,506) 11,602,445) Murabahah receivables
Pinjaman qardh -) 62) 1,296) 2,116) 45) 3,519) Funds of qardh
Pembiayaan musyarakah -) -) -) 17,775) 42,500) 60,275) Musyarakah financing
Beban dibayar dimuka 53,141) -) -) -) -) 53,141) Prepayment
Aset tetap 378,767) -) -) -) -) 378,767) Fixed assets
Aset takberwujud 170,612) -) -) -) -) 170,612) Intangible assets
Aset pajak tangguhan 160,622) -) -) -) -) 160,622) Deferred tax assets
Aset lain-lain 108,473) 485) 40) 599) 8,086) 117,683) Other assets
2,307,222) 3,209,534) 1,864,068) 8,783,081) 5,766,996) 21,930,901)
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Jumlah aset Total assets
Cadangan kerugian Allowance for impairment
penurunan nilai (768,925) losses
Jumlah aset, setelah Total assets, net of
cadangan kerugian allowance for impairment
21,161,976)
penurunan nilai losses
79
547
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
40. ANALISIS JATUH TEMPO (lanjutan) 40. MATURITY ANALYSIS (continued)
2022
Lebih dari 1
bulan hingga Lebih dari
Hingga 1 3 bulan/ 3 bulan hingga Lebih dari
Tidak ada bulan/ More than 1 1 tahun/ More 1 tahun/
jatuh tempo/ Up to 1 month up to than 3 months More than Jumlah/
No maturity month 3 months up to 1 year 1 year Total
Liabilitas Liabilities
Liabilitas segera -) 2,975) 35,453) -) -) 38,428) Liabilities due immediately
Bagi hasil yang belum Undistrubuted revenue
dibagikan -) 15,074) 3,396) 526) -) 18,996) sharing
Simpanan nasabah 2,205,268) -) -) -) -) 2,205,268) Deposits from customers
Utang pajak -) 50,095) -) 9,198) -) 59,293) Taxes payable
Pinjaman yang diterima -) -) -) 100,000) -) 100,000) Borrowings
Liabilitas sewa -) 222) -) 4,557) 62,967) 67,746) Lease liabilities
Liabilitas lain-lain 120,332) 24,173) -) -) -) 144,505) Other liabilities
Akrual 90,791) -) -) -) -) 90,791) Accruals
Liabilitas imbalan kerja Employee benefits
karyawan 5,643) 48,620) -) 131,430) -) 185,693) liabilities
Jumlah liabilitas 2,422,034) 141,159) 38,849) 245,711) 62,967) 2,910,720) Total liabilities
Dana syirkah temporer Temporary syirkah funds
Tabungan mudharabah 763,666) -) -) -) -) 763,666) Mudharabah saving deposits
Deposito mudharabah -) 7,513,812) 1,378,351) 187,410) 22) 9,079,595) Mudharabah time deposits
Jumlah dana syirkah Total temporary syirkah
temporer 763,666) 7,513,812) 1,378,351) 187,410) 22) 9,843,261) funds
Aset (liabilitas)-bersih,
sebelum cadangan Assets (liabilities)-net,
kerugian penurunan before allowance for
(878,478) (4,445,437) 446,868 8,349,960 5,704,007 9,176,920)
nilai impairment losses
Aset bersih, setelah Net assets, net of
cadangan kerugian allowance for
penurunan nilai 8,407,995)
impairment losses
41. SEGMEN OPERASI 41. OPERATING SEGMENT
Pembuat keputusan operasional adalah Direksi. The chief operating decision-maker is the Board of
Direksi melakukan penelaahan terhadap laporan Directors. The Board reviews the Bank’s internal
internal Bank untuk menilai kinerjanya dan reporting in order to assess its performance and
mengalokasikan sumber daya. Berdasarkan laporan allocate resources. Based on that related report, the
internal tersebut, manajemen menentukan operasi Bank determined its operating segment. The Bank
segmennya. Bank mengoperasikan dan mengelola operates their business in one segment which is
bisnisnya dalam satu segmen, yaitu pemberian financing using murabahah contract for productive
pembiayaan dengan akad murabahah untuk poor community. The Bank’s segment information
masyarakat prasejahtera produktif. Informasi based on geographical area are as follows:
segmen Bank berdasarkan wilayah geografis
adalah sebagai berikut:
PT Bank BTPN Syariah Tbk | 2023 Annual Report
80
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Page 551
PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
41. SEGMEN OPERASI (lanjutan) 41. OPERATING SEGMENT (continued)
2023
Bali & Nusa Kalimantan & Jumlah/
Jawa Tenggara Sumatera Sulawesi Total
Laporan Laba Rugi dan Consolidated Statements of Profit
Penghasilan Komprehensif or Loss and Other Comprehensive
Lain Konsolidasian Income
Pendapatan pengelolaan dana Income from fund management
oleh Bank sebagai mudharib by the Bank as mudharib
Pendapatan dari jual beli - Income from sales and
marjin murabahah 3,388,411) 221,898) 1,401,215) 287,898) 5,299,422)) purchases - murabahah margin
Pendapatan dari piutang lainnya 182) -) -) -) 182) Income from other receivables
Pendapatan bagi hasil - Revenue from profit
pembiayaan musyarakah 4,727) -) -) -) 4,727) sharing - musyarakah financing
Pendapatan usaha utama lainnya 441,851) -) -) -) 441,851) Other main operating income
3,835,171) 221,898) 1,401,215) 287,898) 5,746,182)
Hak pihak ketiga atas bagi hasil Third parties' shares on
dana syirkah temporer (429,170) (7,465) (37,129) (12,669) (486,433) return of temporary syirkah funds
Hak bagi hasil milik Bank 3,406,001) 214,433) 1,364,086) 275,229) 5,259,749) Bank’s share in profit sharing
Pendapatan operasional lainnya 47,684) 3,461) 7,186) 2,618) 60,949) Other operating income
Beban tenaga kerja (1,122,709) (24,996) (167,337) (47,363) (1,362,405) Personnel expenses
General and administrative
Beban umum dan administrasi (520,077) (13,191) (78,145) (27,191) (638,604) expenses
Pembentukan cadangan kerugian Provision for allowance
penurunan nilai aset produktif for impairment losses on earning
dan non-produktif (1,589,889) (53,836) (177,993) (76,399) (1,898,117) and non-earning assets
Beban operasional lainnya (38,024) (384) (3,107) (988) (42,503) Other operating expenses
(3,270,699) (92,407) (426,582) (151,941) (3,941,629)
Pendapatan operasional bersih 182,986) 125,487) 944,690) 125,906) 1,379,069) Net operating income
Pendapatan (beban) non- Non-operating income
operasional - bersih (23) 200) 253) 395) 825) (expenses) - net
Laba sebelum pajak
182,963) 125,687) 944,943) 126,301) 1,379,894)
penghasilan Income before income tax
2023
Bali & Nusa Kalimantan & Jumlah/
Jawa Tenggara Sumatera Sulawesi Total
Laporan Posisi Keuangan Consolidated Statements of
Konsolidasian Financial Position
Aset Assets
Kas 266,255) 24,088) 159,147) 47,663) 497,153) Cash
Giro dan penempatan pada Bank Current accounts and placements
Indonesia 763,443) -) -) -) 763,443) with Bank Indonesia
Giro pada bank-bank lain 7,119) -) -) -) 7,119) Current accounts with other banks
Penempatan pada bank-bank lain 238,000) -) -) -) 238,000) Placements with other banks
Investments in marketable
Investasi pada surat berharga 8,646,756) -) -) -) 8,646,756) securities
Piutang murabahah - bersih 6,443,416) 454,684) 2,832,317) 588,593) 10,319,010) Murabahah receivables - net
Pembiayaan musyarakah - bersih 19,472) -) -) -) 19,472) Musyarakah financing - net
Lainnya 873,851) 8,994) 44,497) 17,071) 944,413) Others
17,258,312) 487,766) 3,035,961) 653,327) 21,435,366)
Jumlah aset Total assets
Liabilitas Liabilities
Simpanan nasabah 1,421,001) 87,806) 586,071) 127,119) 2,221,997) Deposits from customers
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Lainnya 497,266) 1,820) 13,592) 2,738) 515,416) Others
1,918,267) 89,626) 599,663) 129,857) 2,737,413)
Jumlah liabilitas Total liabilities
Dana syirkah temporer Temporary syirkah funds
Tabungan mudharabah 772,640) 4,826) 88,182) 24,306) 889,954) Mudharabah saving deposits
Deposito mudharabah 8,125,754) 158,201) 580,983) 165,928) 9,030,866) Mudharabah time deposits
Jumlah dana syirkah temporer 8,898,394) 163,027) 669,165) 190,234) 9,920,820) Total temporary syirkah funds
81
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
41. SEGMEN OPERASI (lanjutan) 41. OPERATING SEGMENT (continued)
2022
Bali & Nusa Kalimantan & Jumlah/
Jawa Tenggara Sumatera Sulawesi Total
Laporan Laba Rugi dan Statements of Profit or
Penghasilan Komprehensif Loss and Other Comprehensive
Lain Income
Pendapatan pengelolaan dana Income from fund management
oleh Bank sebagai mudharib by the Bank as mudharib
Pendapatan dari jual beli - marjin Income from sales and
murabahah 3,303,576) 195,575) 1,298,018) 251,050) 5,048,219) purchases - murabahah margin
Pendapatan dari piutang lainnya 120) -) -) -) 120) Income from other receivables
Pendapatan bagi hasil - Revenue from profit
pembiayaan musyarakah 3,289) -) -) -) 3,289) sharing - musyarakah financing
Pendapatan usaha utama lainnya 322,162) -) -) -) 322,162) Other main operating income
3,629,147) 195,575) 1,298,018) 251,050) 5,373,790)
Hak pihak ketiga atas bagi hasil Third parties' shares on
dana syirkah temporer (293,869) (3,241) (35,268) (12,062) (344,440) return of temporary syirkah funds
Hak bagi hasil milik Bank 3,335,278) 192,334) 1,262,750) 238,988) 5,029,350) Bank’s share in profit sharing
Pendapatan operasional lainnya 53,567) 2,345) 7,492) 2,242) 65,646) Other operating income
Beban tenaga kerja (993,027) (21,063) (140,683) (38,368) (1,193,141) Personnel expenses
General and administrative
Beban umum dan administrasi (503,634) (12,488) (72,026) (22,545) (610,693) expenses
Pembentukan cadangan kerugian Provision for allowance
penurunan nilai aset produktif for impairment losses on earning
dan non-produktif (811,143) (30,878) (60,731) (42,300) (945,052) and non-earning assets
Beban operasional lainnya (61,920) (327) (2,448) (963) (65,658) Other operating expenses
(2,369,724) (64,756) (275,888) (104,176) (2,814,544)
Pendapatan operasional bersih 1,019,121) 129,923) 994,354) 137,054) 2,280,452) Net operating income
Pendapatan (beban) non- Non-operating income
operasional - bersih 1,067) 117) 600) 158) 1,942) (expenses) - net
Laba sebelum pajak
1,020,188) 130,040) 994,954) 137,212) 2,282,394)
penghasilan Income before tax
2022
Bali & Nusa Kalimantan & Jumlah/
Jawa Tenggara Sumatera Sulawesi Total
Laporan Posisi Keuangan Statements of Financial Position
Aset Assets
Kas 423,336) 30,713) 229,957) 45,837) 729,843) Cash
Giro dan penempatan pada Bank Current accounts and placements
Indonesia 731,427) -) -) -) 731,427) with Bank Indonesia
Giro pada bank-bank lain 11,337) -) -) -) 11,337) Current accounts with other banks
Penempatan pada bank-bank lain 230,500) -) -) -) 230,500) Placements with other banks
Investments in marketable
Investasi pada surat berharga 7,680,730) -) -) -) 7,680,730) securities
Piutang murabahah - bersih 7,227,086) 420,917) 2,647,194) 538,989) 10,834,186) Murabahah receivables - net
Pembiayaan musyarakah - bersih 59,672) -) -) -) 59,672) Musyarakah financing - net
Lainnya 808,575) 9,846) 49,349) 16,511) 884,281) Others
17,172,663) 461,476) 2,926,500) 601,337) 21,161,976)
Jumlah aset Total assets
Liabilitas Liabilities
Simpanan nasabah 1,458,641) 77,738) 558,343) 110,546) 2,205,268) Deposits from customers
Lainnya 688,169) 1,612) 12,780) 2,891) 705,452) Others
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Jumlah liabilitas 2,146,810) 79,350) 571,123) 113,437) 2,910,720) Total liabilities
Dana syirkah temporer Temporary syirkah funds
Tabungan mudharabah 667,277) 3,093) 72,268) 21,028) 763,666) Mudharabah saving deposits
Deposito mudharabah 8,125,079) 54,629) 656,189) 243,698) 9,079,595) Mudharabah time deposits
8,792,356) 57,722) 728,457) 264,726) 9,843,261)
Jumlah dana syirkah temporer Total temporary syirkah funds
82
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
42. ASET KEUANGAN DAN LIABILITAS 42. FINANCIAL ASSETS AND FINANCIAL
KEUANGAN LIABILITIES
Nilai wajar instrumen keuangan Fair values of financial instruments
Nilai wajar aset keuangan dan liabilitas keuangan The fair values of financial assets and financial
yang diperdagangkan di pasar aktif didasarkan liabilities that are traded in active markets are based
pada kuotasian harga pasar atau harga dealer. on quoted market prices or dealer price quotations.
Untuk semua instrumen keuangan lainnya, Bank For all other financial instruments, the Bank
menentukan nilai wajar dengan menggunakan determines fair values using other valuation
teknik penilaian lainnya. techniques.
Untuk instrumen keuangan yang jarang For financial instruments that trade infrequently and
diperdagangkan dan sedikit memiliki transparansi have little price transparency, fair values is less
harga, nilai wajar menjadi kurang obyektif, dan objective, and requires varying degrees of judgment
membutuhkan berbagai tingkat pertimbangan depending on liquidity, concentration, uncertainty of
tergantung pada likuiditas, konsentrasi, market factors, pricing assumptions and other risks
ketidakpastian faktor pasar, asumsi harga dan risiko affecting the specific instrument.
lainnya yang mempengaruhi instrumen tertentu.
Model Penilaian Valuation Models
Bank mengukur nilai wajar dengan menggunakan The Bank measures fair values using the following
hirarki dari metode berikut: hierarchy of methods:
• Level 1: input yang berasal dari harga kuotasian • Level 1: inputs that are quoted prices
(tanpa penyesuaian) di pasar aktif untuk (unadjusted) in active markets for identical
instrumen yang identik yang dapat diakses Bank instruments that the Bank can access at the
pada tanggal pengukuran. measurement date.
• Level 2: input selain harga kuotasian yang • Level 2: inputs other than quoted prices included
termasuk dalam level 1 yang dapat diobservasi, within level 1 that are observable either directly
baik secara langsung atau tidak langsung. or indirectly. This category includes instruments
Dalam kategori ini termasuk instrumen yang valued using: quoted market prices in active
dinilai dengan menggunakan: harga kuotasian markets for similar instruments; quoted prices for
untuk instrumen yang serupa di pasar aktif; harga identical or similar instruments in markets that
kuotasian untuk instrumen yang identik atau are not active; or other valuation techniques in
yang serupa di pasar yang tidak aktif; atau teknik which all significant inputs are directly or
penilaian lainnya dimana seluruh input signifikan indirectly observable from market data.
dapat diobservasi secara langsung maupun tidak
langsung dari data pasar.
• Level 3: input yang tidak dapat diobservasi. • Level 3: inputs that are unobservable. This
Dalam kategori ini termasuk semua instrumen category includes all instruments for which the
dimana teknik penilaian menggunakan input valuation technique includes inputs not based on
yang tidak dapat diobservasi dan input yang tidak observable data and the unobservable inputs
dapat diobservasi ini memberikan dampak have a significant effect on the instrument’s
signifikan terhadap penilaian instrumen. valuation. This category includes instruments
Termasuk dalam kategori ini adalah instrumen that are valued based on quoted prices for
yang dinilai berdasarkan harga kuotasian untuk similar instruments for which significant
instrumen serupa yang memerlukan unobservable adjustments or assumptions are
penyesuaian atau asumsi signifikan yang tidak required to reflect differences between the
dapat diobservasi untuk mencerminkan instruments.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
perbedaan diantara instrumen tersebut.
Nilai wajar instrumen keuangan Fair values of financial instruments
Teknik penilaian mencakup model nilai kini bersih Valuation techniques include net present value and
dan arus kas yang didiskontokan, perbandingan discounted cash flow models, comparison with
dengan instrumen sejenis yang harga pasarnya similar instruments for which market observable
tersedia, serta dapat diobservasi, serta model prices exist and other valuation models.
penilaian lainnya. Asumsi dan input yang digunakan Assumptions and inputs used in valuation
dalam teknik penilaian meliputi suku bunga bebas techniques include risk-free and benchmark interest
risiko (risk-free) dan suku bunga acuan serta credit rates and credit spreads used in estimating discount
spreads yang digunakan untuk mengestimasi tingkat rates and marketable securities prices.
diskonto dan harga surat berharga.
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
42. ASET KEUANGAN DAN LIABILITAS 42. FINANCIAL ASSETS AND FINANCIAL
KEUANGAN (lanjutan) LIABILITIES (continued)
Nilai wajar instrumen keuangan (lanjutan) Fair values of financial instruments (continued)
Tujuan dari teknik penilaian adalah untuk The objective of valuation techniques is to arrive at
pengukuran nilai wajar yang mencerminkan harga a fair value measurement that reflects the price that
yang akan diterima untuk menjual aset atau harga would be received to sell the asset or paid to transfer
yang akan dibayar untuk mengalihkan suatu the liability in an orderly transaction between market
liabilitas dalam transaksi teratur (orderly participants at the measurement date.
transactions) antara pelaku pasar (market
participants) pada tanggal pengukuran.
Pertimbangan dan estimasi manajemen biasanya Management judgment and estimation are usually
memerlukan pemilihan model yang sesuai untuk required for selection of the appropriate valuation
digunakan, penentuan arus kas masa depan yang model to be used, determination of expected future
diharapkan pada instrumen keuangan yang dinilai, cash flows on the financial instrument being valued,
penentuan probabilitas kegagalan pihak lawan dan determination of the probability of counterparty
pembayaran dimuka dan pemilihan tingkat diskonto default and prepayments and selection of
yang tepat. appropriate discount rates.
Instrumen keuangan yang diukur pada nilai Financial instruments measured at fair value
wajar
Tabel di bawah ini menunjukkan instrumen The table below presents financial instruments
keuangan yang diukur pada nilai wajar pada tanggal measured at fair value as of 31 December 2023 and
31 Desember 2023 dan 2022 berdasarkan level 2022, based on the level in the fair value hierarchy:
hirarki nilai wajar:
2023
Tingkat/ Tingkat/ Tingkat/
Level 1 Level 2 Level 3
Aset keuangan Financial assets
Investasi pada surat berharga 205,183) 80,064) -) Investments in marketable securities
205,183) 80,064) -)
2022
Tingkat/ Tingkat/ Tingkat/
Level 1 Level 2 Level 3
Aset keuangan Financial assets
Investasi pada surat berharga 205,081) 80,951) -) Investments in marketable securities
205,081) 80,951) -)
Nilai wajar atas investasi pada efek ekuitas dinilai The fair value of investment in equity securities is
dengan menggunakan metode pendekatan pasar. estimated by using market approach method. Inputs
Input dalam metode penilaian termasuk transaksi to the valuation method include market transactions
pasar yang melibatkan aset dan liabilitas yang involving identical or comparable observable assets
identik atau sebanding yang dapat diobservasi. and liabilities.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
84
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
42. ASET KEUANGAN DAN LIABILITAS 42. FINANCIAL ASSETS AND FINANCIAL
KEUANGAN (lanjutan) LIABILITIES (continued)
Instrumen keuangan yang tidak diukur pada Financial instruments not measured at fair value
nilai wajar
Tabel di bawah ini menunjukkan instrumen The tables below show the financial instruments not
keuangan yang tidak diukur pada nilai wajar yang measured at fair value grouped according to the fair
dikelompokkan berdasarkan hirarki nilai wajar. value hierarchy.
2023 2022
Nilai tercatat bruto/ Nilai wajar/ Nilai tercatat bruto/ Nilai wajar/
Gross carrying Fair value Gross carrying Fair value
value value
Aset keuangan Financial assets
Investasi pada surat berharga 8,441,573) 8,456,062) 7,475,649) 7,413,622) Investment in marketable securities
Piutang murabahah 11,532,552) 11,532,552) 11,602,445) 11,602,445) Murabahah receivables
Pinjaman qardh 530) 530) 3,519) 3,519) Funds of qardh
Pembiayaan musyarakah 19,669) 19,669) 60,275) 60,275) Musyarakah financing
19,994,324) 20,008,813) 19,141,888) 19,079,861)
Liabilitas keuangan Financial liabilities
Simpanan nasabah Deposit from customers
- Giro wadiah 24,009) 24,009) 27,646) 27,646) Wadiah demand deposits -
- Tabungan wadiah 2,197,988) 2,197,988) 2,177,622) 2,177,622) Wadiah saving accounts -
2,221,997) 2,221,997) 2,205,268) 2,205,268)
Nilai wajar investasi pada Sukuk, Surat Berharga The fair values of investments in Sukuk, Sovereign
Syariah Negara dan reksa dana syariah Sharia Securities and sharia mutual funds were
berdasarkan harga kuotasian pasar. based on quoted market price.
Nilai wajar dari SIMA diestimasi dengan Fair value of SIMA is estimated using valuation
menggunakan model penilaian, seperti teknik models, such as discounted cash flow techniques.
diskonto arus kas. Input dalam teknik penilaian Inputs into the valuation techniques include
termasuk arus kas yang akan diterima di masa expected future cash flow.
depan.
Nilai tercatat dari pembiayaan syariah merupakan Carrying value of sharia financing approximates the
perkiraan yang layak atas nilai wajar dikarenakan estimates fair value since sharia financing have
pinjaman tersebut memiliki tenor jangka pendek. short-term tenure.
Nilai wajar dari simpanan nasabah tanpa jatuh The fair value of deposit from customers with no
tempo adalah jumlah yang terutang pada saat stated maturity is the amount repayable on demand.
penarikan.
Sebagian besar dari instrumen keuangan yang Majority of the financial instruments not measured
tidak diukur pada nilai wajar, diukur pada harga at fair value are measured at amortized cost. The
perolehan. Tabel di bawah ini menyajikan daftar following table lists those financial instruments for
instrumen keuangan yang nilai tercatatnya which their carrying amount are reasonable
mendekati nilai wajarnya, contohnya, instrumen approximation of fair value because, for example,
keuangan jangka pendek atau yang ditinjau ulang they are short term in nature or re-price to current
menggunakan harga pasar secara berkala. market rates frequently.
Aset Keuangan: Financial Assets:
PT Bank BTPN Syariah Tbk | 2023 Annual Report
- Kas - Cash
- Giro dan penempatan pada Bank Indonesia - Current accounts and placements with Bank
Indonesia
- Giro pada bank-bank lain - Current accounts with other banks
- Penempatan pada bank-bank lain - Placements with other banks
- Aset lain-lain - Other assets
Liabilitas Keuangan: Financial Liabilities:
- Liabilitas segera - Liabilities due immediately
- Bagi hasil yang belum dihasilkan - Undistributed revenue sharing
- Akrual - Accrual
- Liabilitas sewa - Lease liabilities
- Liabilitas lain-lain - Other liabilities
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
42. ASET KEUANGAN DAN LIABILITAS 42. FINANCIAL ASSETS AND FINANCIAL
KEUANGAN (lanjutan) LIABILITIES (continued)
Instrumen keuangan yang tidak diukur pada Financial instruments not measured at fair value
nilai wajar (lanjutan) (continued)
Perhitungan nilai wajar dilakukan hanya untuk The fair values calculated are for disclosure
kepentingan pengungkapan dan tidak berdampak purposes only and do not have any impact on the
pada pelaporan posisi atau kinerja keuangan Bank. Bank’s reported financial performance or position.
Nilai wajar yang dihitung oleh Bank mungkin The fair values calculated by the Bank may be
berbeda dengan jumlah aktual yang akan different from the actual amount that will be
diterima/dibayar pada saat penyelesaian atau jatuh received/paid on the settlement or maturity of the
tempo instrumen keuangan. Mengingat kategori financial instrument. As certain categories of
tertentu instrumen keuangan yang tidak financial instruments are not traded, there is
diperdagangkan, maka terdapat pertimbangan management judgement involved in calculating the
manajemen dalam perhitungan nilai wajar. fair values.
43. MANAJEMEN RISIKO 43. RISK MANAGEMENT
Kerangka manajemen risiko Risk management framework
Pengembangan manajemen risiko di Bank Risk management development in the Bank is based
berpedoman pada Peraturan OJK on the regulation from OJK No. 65/POJK.03/2016
No. 65/POJK.03/2016 tentang Penerapan regarding the Implementation of Risk Management
Manajemen Risiko bagi Bank Umum Syariah dan for Sharia Banks and Sharia Unit Business.
Unit Usaha Syariah.
Penerapan manajemen risiko mencakup: Implementation of risk management includes:
• Pengawasan aktif Dewan Komisaris, Direksi • Active supervision from Board of
dan Dewan Pengawas Syariah Commissioners, Board of Directors and Sharia
Supervisory Board
• Kecukupan kebijakan, prosedur dan penetapan • Adequacy of policy, procedure and risk appettite
limit risiko
• Kecukupan proses identifikasi, pengukuran, • Adequate process of risk identification,
pemantauan dan pengendalian risiko serta measurement, monitoring and control, and
manajemen risiko sistem informasi information system risk management
• Pengendalian internal yang menyeluruh • Comprehensive internal controls
Organisasi manajemen risiko Bank melibatkan The Bank’s risk management organisation involves
pengawasan dari Dewan Komisaris dan Direksi. the oversight from the Board of Commissioners and
Bank telah membentuk Komite Pemantauan Risiko Board of Directors. The Bank has established Risk
sebagai pengawas tertinggi di tingkat komisaris. Monitoring Committee as the highest risk authority
Di tingkat direksi telah dibentuk Komite Manajemen in the commissioner level. At the director level, Risk
Risiko yang merupakan bagian yang sangat Management Committee has been established
penting dalam pengendalian risiko, yang which constitutes a crucial element in risk control, to
memantau seluruh risiko yang terdapat pada monitor all of the risks in the Bank’s operating
kegiatan operasional Bank. activities.
Komite Audit memiliki tanggung jawab untuk Audit Committee is responsible for monitoring and
memantau dan mengevaluasi rencana audit dan evaluating the audit plan and its implementation,
PT Bank BTPN Syariah Tbk | 2023 Annual Report
pelaksanaannya, serta memastikan pelaksanaan also ensuring the execution of audit
rencana tindak lanjut dari hasil audit. Dalam recommendation. In carrying out their function, Audit
menjalankan fungsinya, Komite Audit dibantu oleh Committee is assisted by Internal Audit Division.
Satuan Kerja Internal Audit.
Risiko yang dianggap signifikan oleh Bank The Bank considers credit risk, liquidity risk, market
diantaranya adalah risiko kredit, risiko likuiditas, risk, and operational risk as significant.
risiko pasar, dan risiko operasional.
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
43. MANAJEMEN RISIKO (lanjutan) 43. RISK MANAGEMENT (continued)
Risiko kredit Credit risk
Risiko kredit adalah risiko akibat kegagalan nasabah Credit risk arises from customers’ or other parties’
atau pihak lain dalam memenuhi kewajiban kepada failure to fulfill their obligations according to the
Bank sesuai dengan perjanjian yang disepakati. contracts with the Bank. Credit risk arises mainly
Risiko kredit terutama berasal dari from sharia financing/receivables.
pembiayaan/piutang syariah.
Tujuan pengelolaan risiko kredit Bank, selain untuk The objectives of managing the Bank’s credit risk
memenuhi persyaratan-persyaratan yang telah besides meeting the requirements set by Bank
ditetapkan oleh peraturan Bank Indonesia/OJK, Indonesia/OJK regulation, are to also manage credit
adalah juga untuk mengelola risiko kredit itu sendiri risk itself so that the possibility of losses from default
sehingga diharapkan kemungkinan kerugian dari financing facilities and other financial contracts is
tidak dibayarnya pembiayaan yang diberikan dan maintained at the minimum level, both at the
kontrak keuangan lainnya seminimal mungkin, baik individual and overall financing portfolio level.
pada tingkat individual maupun portofolio
pembiayaan secara keseluruhan.
Bank telah menyusun kebijakan dan prosedur The Bank has prepared financing policies and
pembiayaan tertulis. Kebijakan dan prosedur procedures. These policies and procedures provide
tersebut memberikan pedoman secara lengkap comprehensive and detail guidance regarding
dan terperinci atas kegiatan manajemen financing management activities from financing
pembiayaan dari saat pengajuan pembiayaan, application, analysis process, approval, monitoring,
proses analisis, persetujuan, pemantauan, documentation, control and recovery/restructuring
pendokumentasian, pengendalian dan process. In order to support prudent financing
penyelamatan/restrukturisasi. Dalam rangka process, the Bank conducts review and
mendukung proses pemberian pembiayaan yang improvement on financing policies periodically in
lebih hati-hati, Bank melakukan penelaahan dan accordance with current business development.
penyempurnaan kebijakan pembiayaan secara
periodik sesuai dengan perkembangan bisnis
terkini.
(i) Pengelolaan risiko kredit (i) Credit risk management
Melakukan kaji ulang atas kebijakan Review of the financing policies periodically,
pembiayaan secara periodik terutama jika especially if there are changes in market
terdapat perubahan kondisi perekonomian, conditions, regulations and/or business
perubahan peraturan dan/atau pendekatan approaches.
bisnis.
Batas pemberian pembiayaan/piutang syariah Lending limits for sharia financing/receivables
ditetapkan dan ditinjau mengikuti perubahan are set and reviewed following changes in
pada kondisi pasar dan ekonomi. Peninjauan market and economic conditions. Periodic
pembiayaan/piutang syariah secara periodik review on sharia financing/receivables and
dan penilaian atas kemungkinan wanprestasi assessments of probability of default are also
juga dilakukan. Proses persetujuan conducted. Financing approval process is is
pembiayaan dilakukan sesuai dengan Batas performed based on Financing Limit Approval
Wewenang Memutus Pembiayaan oleh to Bank officials who have been assigned.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Pejabat Bank yang telah ditetapkan.
Bank juga dengan ketat memantau The Bank also closely monitors the
perkembangan portofolio pembiayaan development of its financing portfolios to enable
sehingga memungkinkan Bank untuk the Bank initiate a timely preventive action
melakukan tindakan pencegahan secara tepat when there is a deterioration in financing quality
waktu apabila terjadi penurunan kualitas by conducting early warning detection and
pembiayaan salah satunya dengan melakukan disciplined monitoring.
deteksi dini permasalahan dan pemantauan
yang disiplin.
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
43. MANAJEMEN RISIKO (lanjutan) 43. RISK MANAGEMENT (continued)
Risiko kredit (lanjutan) Credit risk (continued)
(i) Pengelolaan risiko kredit (lanjutan) (i) Credit risk management (continued)
Dalam masa pandemi, Bank membantu During the pandemic period, the Bank
nasabah yang usahanya terdampak pandemi supports customers whose businesses are
Covid-19, melalui program relaksasi sesuai impacted by the Covid-19 pandemic with
POJK No 11/2020 beserta perubahannya. relaxation program, in accordance to POJK
Bank juga berpartisipasi dalam program No. 11/2020 and its related amendments. The
Pemulihan Ekonomi Nasional sesuai dengan Bank also participates in National Economic
kebijakan pemerintah untuk membantu Recovery program as imposed by the
segmen usaha mikro yang terdampak. government to support micro business
segment impacted by the pandemic.
Bank terus secara aktif mengelola dan The Bank continues to actively manage and
mengawasi kualitas portofolio pembiayaan monitor the financing portfolio quality by
dengan cara meningkatkan kebijakan improving credit risk management policies
manajemen risiko kredit secara efektif dan effectively and improving procedures and
penyempurnaan prosedur dan systems development.
pengembangan sistem.
Sistem Informasi Manajemen telah tersedia Management Information System (MIS) is
dan mencakup tingkat yang cukup rinci untuk available and covers sufficient level of detail to
mendeteksi setiap perkembangan yang detect any adverse development at an early
kurang baik sedini mungkin sehingga stage, allowing for timely measures to be taken
memungkinkan dilakukannya tindakan secara to counteract any possible deterioration in
tepat waktu atas penurunan kualitas financing credit quality or to minimise credit
pembiayaan atau untuk meminimalisasi losses.
kerugian kredit.
(ii) Eksposur maksimum terhadap risiko kredit (ii) Maximum exposure to credit risk
Eksposur maksimum risiko kredit Maximum exposure to credit risk is disclosed
diungkapkan setelah cadangan kerugian net after allowance for impairment losses
penurunan nilai tanpa memperhitungkan without considering collateral held or other
agunan dan pendukung lainnya. enhancements.
Eksposur risiko kredit terhadap aset pada Credit risk exposures on asset in the
laporan posisi keuangan pada tanggal statements of financial position assets as of
31 Desember 2023 dan 2022 adalah sebagai 31 December 2023 and 2022 were as follows:
berikut:
Eksposur maksimum/
Maximum exposure
2023 2022
Giro dan penempatan pada Current accounts and placements with
Bank Indonesia 763,443) 731,427) Bank Indonesia
Giro pada bank-bank lain 7,119) 11,337) Current accounts with other banks
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Penempatan pada bank-bank lain 238,000) 230,500) Placements with other banks
Investasi pada surat berharga 8,646,756) 7,680,730) Investments in marketable securities
Piutang murabahah - bersih 10,319,010) 10,834,186) Murabahah receivables - net
Pinjaman qardh - bersih 353) 3,456) Funds of qardh - net
Pembiayaan musyarakah - bersih 19,472) 59,672) Musyarakah financing - net
Aset lain-lain 10,081) 10,270) Other assets
20,004,234) 19,561,578)
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
43. MANAJEMEN RISIKO (lanjutan) 43. RISK MANAGEMENT (continued)
Risiko kredit (lanjutan) Credit risk (continued)
(ii) Eksposur maksimum terhadap risiko kredit (ii) Maximum exposure to credit risk (continued)
(lanjutan)
Pada tanggal 31 Desember 2023 dan 2022, As of 31 December 2023 and 2022, there were
tidak ada fasilitas piutang murabahah dan no unused murabahah receivables and
pembiayaan musyarakah kepada nasabah musyarakah financing facilities granted -
yang belum ditarik - committed. Sebagai committed. As such, there were no credit risk
akibatnya, tidak terdapat risiko kredit terhadap exposures related to off-balance sheet items.
rekening administratif.
Risiko konsentrasi kredit Concentration of credit risk
Bank mengelola dan mengendalikan The Bank manages and controls concentrations
konsentrasi risiko kredit ketika risiko tersebut of credit risk when they are identified in
teridentifikasi secara khusus, terhadap debitur particular, to individual and group of debtors.
individu dan kelompok. Bank menentukan The Bank determines the levels of credit risk by
tingkat risiko kredit yang dimiliki dengan placing limits on the amount of risk accepted in
menetapkan batas jumlah risiko yang bisa relation to one debtor or group of debtors.
diterima yang terkait dengan satu debitur atau
kelompok debitur.
Tabel berikut ini menggambarkan rincian The following table breaks down the Bank’s
eksposur risiko kredit Bank pada nilai tercatat, credit risk exposure at carrying amounts, as
yang dikategorikan berdasarkan sektor industri. categorised by industry sectors.
2023
Pemerintah
dan Bank
Indonesia/ Lembaga
Government keuangan/ Jasa/ Perindustrian/
and Bank Financial Perdagangan Business Manufac Lain-lain/ Jumlah/
Indonesia institution / Trading Services turing Others Total
Giro dan penempatan Current accounts and
pada Bank placements with Bank
Indonesia 763,443) -) -) -) -) -) 763,443) Indonesia
Giro pada bank-bank Current accounts with
lain -) 7,119) -) -) -) -) 7,119) other banks
Penempatan pada Placements with other banks
bank-bank lain -) 238,000) -) -) -) -) 238,000)
Investasi pada surat Investments in
berharga 7,532,519) 1,034,173) -) -) -) 80,064) 8,646,756) marketable securities
Piutang murabahah - Murabahah
bersih - -) 6,886,583) 171) 880,303) 2,551,953) 10,319,010) receivables - net
Pinjaman qardh -) 189) -) -) -) 164) 353) Funds of qardh
Pembiayaan
musyarakah -) 19,472) -) -) -) -) 19,472) Musyarakah financing
Aset lain-lain -) 1,243) -) -) -) 8,838) 10,081) Other assets
8,295,962) 1,300,196) 6,886,583) 171) 880,303) 2,641,019) 20,004,234)
2022
Pemerintah
dan Bank
Indonesia/ Lembaga
Government keuangan/ Jasa/ Perindustrian
and Bank Financial Perdagangan Business / Manufac Lain-lain/ Jumlah/
Indonesia institution / Trading Services turing Others Total
Giro dan penempatan Current accounts and
PT Bank BTPN Syariah Tbk | 2023 Annual Report
pada Bank placements with Bank
Indonesia 731,427) -) -) -) -) -) 731,427) Indonesia
Giro pada bank-bank Current accounts with
lain -) 11,337) -) -) -) -) 11,337) other banks
Penempatan pada Placements with other banks
bank-bank lain -) 230,500) -) -) -) -) 230,500)
Investasi pada surat Investments in
berharga 6,813,153) 786,626) -) -) -) 80,951) 7,680,730) marketable securities
Piutang murabahah - Murabahah
bersih -) -) 8,906,587) 4,431) 659,325) 1,263,843) 10,834,186) receivables - net
Pinjaman qardh -) -) -) -) -) 3,456) 3,456) Funds of qardh
Pembiayaan
musyarakah -) 59,672) -) -) -) -) 59,672) Musyarakah financing
Aset lain-lain -) 485) -) -) -) 9,785) 10,270) Other assets
7,544,580) 1,088,620) 8,906,587) 4,431) 659,325) 1,358,035) 19,561,578)
89
557
Page 560
PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
43. MANAJEMEN RISIKO (lanjutan) 43. RISK MANAGEMENT (continued)
Risiko kredit (lanjutan) Credit risk (continued)
(ii) Eksposur maksimum terhadap risiko kredit (ii) Maximum exposure to credit risk (continued)
(lanjutan)
Piutang murabahah dari sektor ”Perdagangan Murabahah receivables from sector “Trading”
Besar dan Eceran” merupakan konsentrasi mostly constitute the largest concentration of
penyaluran pembiayaan terbesar Bank bank financing for industry sector.
berdasarkan sektor industri.
(iii) Analisis risiko kredit (iii) Credit Risk Analysis
Tabel berikut ini menyajikan aset Bank yang The following table presents the Bank’s
memiliki penurunan nilai, yang telah jatuh impaired, past due but not impaired, and neither
tempo tetapi tidak mengalami penurunan nilai, past due nor impaired assets.
serta yang belum jatuh tempo atau tidak
mengalami penurunan nilai.
2023
Belum jatuh tempo atau tidak
mengalami penurunan Telah jatuh tempo tetapi tidak
nilai/Neither past due nor mengalami penurunan nilai/Past
impaired due but not impaired
Pernah
mengalami
keterlambatan
pembayaran/ Mengalami
Has an 1-30 31-60 61-90 penurunan
Lancar/ overdue hari/ hari/ hari/ nilai/ Jumlah/
Current experience days days days Impaired Total
Giro dan penempatan Current accounts and
pada Bank placements with Bank
Indonesia 763,443) -) -) -) -) -) 763,443) Indonesia
Giro pada bank-bank Current accounts
lain 7,119) -) -) -) -) -) 7,119) with other banks
Penempatan pada
bank-bank lain 238,000) -) -) -) -) -) 238,000) Placements with other banks
Investasi pada surat Investments in
berharga 8,646,756) -) -) -) -) -) 8,646,756) marketable securities
Piutang murabahah - Murabahah
bersih 10,057,864) 49,108) 68,300) 52,461) 58,639) 32,638) 10,319,010) receivables - net
Pinjaman qardh 200) -) 15) 7) 5) 126) 353) Funds of qardh
Pembiayaan
musyarakah 19,472) -) -) -) -) -) 19,472) Musyarakah financing
Aset lain-lain 10,081) -) -) -) -) -) 10,081) Other assets
Jumlah 19,742,935) 49,108) 68,315) 52,468) 58,644) 32,764) 20,004,234) Total
2022
Belum jatuh tempo atau tidak
mengalami penurunan Telah jatuh tempo tetapi tidak
nilai/Neither past due nor mengalami penurunan nilai/Past
impaired due but not impaired
Pernah
mengalami
keterlambatan
pembayaran/ Mengalami
Has an 1-30 31-60 61-90 penurunan
Lancar/ overdue hari/ hari/ hari/ nilai/ Jumlah/
Current experience days days days Impaired Total
Giro dan penempatan Current accounts and
pada Bank placements with Bank
Indonesia 731,427) -) -) -) -) -) 731,427) Indonesia
Giro pada bank-bank Current accounts
lain 11,337) -) -) -) -) -) 11,337) with other banks
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Penempatan pada Placements with other banks
bank-bank lain 230,500) -) -) -) -) -) 230,500)
Investasi pada surat Investments in
berharga 7,680,730) -) -) -) -) -) 7,680,730) marketable securities
Piutang murabahah - Murabahah
bersih 10,603,162) 69,767) 62,200) 30,223) 29,293) 39,541) 10,834,186) receivables - net
Pinjaman qardh 2,898) 26) 370) 121) 2) 39) 3,456) Funds of qardh
Pembiayaan Musyarakah financing
musyarakah 59,672) -) -) -) -) -) 59,672)
Aset lain-lain 10,270) -) -) -) -) -) 10,270) Other assets
Jumlah 19,329,996) 69,793) 62,570) 30,344) 29,295) 39,580) 19,561,578) Total
90
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Page 561
PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
43. MANAJEMEN RISIKO (lanjutan) 43. RISK MANAGEMENT (continued)
Risiko kredit (lanjutan) Credit risk (continued)
(iii) Analisis risiko kredit (lanjutan) (iii) Credit Risk Analysis (continued)
Penjelasan pembagian kualitas pembiayaan Details for financing quality which are “neither
yang “belum jatuh tempo atau tidak mengalami past due nor impaired” are as follows:
penurunan nilai” adalah:
- Lancar - Current
Pembiayaan dalam kategori ini memiliki This category considered as very strong
kemampuan yang sangat kuat untuk repayment capacity of murabahah receivables
membayar kembali marjin dan pokok piutang principal and margin back to the Bank.
murabahah kepada Bank. Di dalam kategori Included in the current category are the
lancar termasuk juga piutang murabahah yang murabahah receivables which have been
telah direstrukturisasi dan tidak memiliki restructured and do not have past due
tunggakan setelah restrukturisasi. receivables after the restructuring.
- Pernah mengalami keterlambatan - Has an overdue experience
pembayaran
Pembiayaan dalam kategori ini adalah jumlah This financing category is the financing that
pembiayaan yang pernah menunggak dalam had overdue experience in the past one year.
satu tahun terakhir. Pembayaran ini dianggap This financing is considered to have adequate
memiliki kapasitas memadai untuk membayar capacity to pay margin and principal of the
marjin dan pokok piutangnya. Namun terdapat receivables. However, there is a concern over
pertimbangan terkait dengan kemampuan the debtor’s ability to make payments on the
nasabah dalam melakukan pembayaran pada due date.
tanggal jatuh tempo.
Risiko pasar Market risk
Risiko pasar merupakan risiko yang timbul akibat dari Market risk is the risk that changes in market prices,
perubahan harga di pasar, seperti nilai tukar dan suku such as foreign exchange rates and interest rates, will
bunga, yang akan berdampak pada pendapatan dan affect the Bank’s income or the value of its holdings of
nilai instrumen keuangan yang dimiliki Bank. Tujuan financial instruments. The objective of market risk
dari pengelolaan risiko pasar adalah untuk mengelola management is to manage and control market risk
dan mengawasi eksposur risiko pasar dengan exposures within acceptable parameters, while
menggunakan parameter-parameter yang dapat optimising the return on risk.
diterima, dan pada saat yang sama dapat
mengoptimalkan pendapatan.
Aset keuangan dalam mata uang USD hanya dimiliki Assets that denominated in USD currencies are only
oleh Entitas Anak, sehingga secara keseluruhan Bank owned by the Subsidiary, therefore the Bank and
dan Entitas Anak tidak memiliki risiko mata uang asing Subsidiary's foreign currency risk is not material. The
yang material. Bank dan Entitas Anak juga tidak Bank and Subsidiary also does not have liabilities
memiliki liabilitas keuangan dalam mata uang asing, denominated in foreign currencies, or held for trading.
maupun pada posisi diperdagangkan.
Dilihat dari aktivitas Bank saat ini, faktor risiko pasar In current Bank’s activities, the market risk factors
yang dapat mempengaruhi nilai aset dan liabilitas which may affect the value of financial assets and
keuangan pada laporan posisi keuangan adalah liabilities in the statement of financial position is the
perubahan tingkat suku bunga pasar pada portofolio changes of market interest rate in the Bank’s portfolio.
buku Bank.
Dalam melaksanakan proses manajemen risiko pasar, In carrying out the market risk management process,
Bank melakukan identifikasi, pengukuran, pemantauan the Bank identifies, measures, monitors and controls
dan pengendalian terhadap faktor-faktor risiko pasar. the market risk factors. Policies adopted by the Bank
Kebijakan yang dijalankan Bank dalam pengendalian in managing its market interest rate risk include:
PT Bank BTPN Syariah Tbk | 2023 Annual Report
terhadap risiko suku bunga pasar mencakup:
a) Melakukan simulasi perhitungan pendapatan a) Perform simulation net margin income calculation
marjin bersih terhadap semua kemungkinan toward all possible market interest rate changes.
perubahan tingkat suku bunga pasar. b) Monitoring on overall Assets & Liabilities
b) Melakukan pemantauan terhadap Assets & Repricing Gap Profile in order to anticipate
Liabilities Repricing Gap Profile secara adverse movement of market interest rate.
keseluruhan dalam mengantisipasi pergerakan
tren suku bunga pasar yang dapat menyebabkan
kerugian.
91
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Page 562
PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
43. MANAJEMEN RISIKO (lanjutan) 43. RISK MANAGEMENT (continued)
Risiko likuiditas Liquidity risk
Risiko likuiditas adalah risiko akibat Liquidity risk is the risk due to inability of the Bank to
ketidakmampuan Bank untuk memenuhi kewajiban meet maturing obligations from cash flow funding
yang jatuh tempo dari sumber pendanaan arus kas sources and/or high quality liquid assets which can
dan/atau aset likuid berkualitas tinggi yang dapat be pledged, without disturbing the activities and
diagunkan, tanpa mengganggu aktivitas dan financial condition of the Bank. This is due to a
kondisi keuangan Bank. Hal ini disebabkan adanya mismatch between the period of funding and
mismatch jangka waktu antara sumber dana dan disbursement of Bank funds.
penyaluran dana Bank.
Dalam melaksanakan proses manajemen risiko In carrying out the liquidity risk management
likuiditas, Bank melakukan identifikasi, pengukuran, process, the Bank identifies, measures, monitors,
pemantauan, dan pengendalian terhadap faktor- and controls the liquidity risk factors, among others
faktor risiko likuiditas, antara lain ketersediaan aset the availability of liquid assets, liquidity ratio, cash
likuid, rasio likuiditas, proyeksi arus kas, dan profil flow projections and maturity profile. Liquidity risk
jatuh tempo. Pengukuran atas risiko likuiditas measurement is performed for both normal and
dilakukan baik untuk kondisi normal maupun stres. stress condition.
Bank mengungkapkan aset dan liabilitas The Bank has disclosed assets and liabilities based
berdasarkan umur jatuh tempo di Catatan 40. on its maturity in Note 40.
Kebijakan yang dijalankan Bank dalam Policies adopted by the Bank in managing its
mengendalikan risiko likuiditas mencakup: liquidity risk include:
- Menetapkan kebijakan pengendalian risiko - Establishing liquidity risk control policy which is
likuiditas yang telah disesuaikan dengan misi, in line with the Bank’s mission, business
strategi bisnis, kecukupan permodalan, sumber strategy, capital adequacy, human resources
daya manusia dan risk appetite Bank. and risk appetite.
- Menetapkan kebijakan dan prosedur - Establishing liquidity risk limit policies and
penetapan limit risiko likuiditas secara tertulis, procedures which are written, complete,
lengkap, memadai, dan mudah ditelusuri. adequate and easy to follow.
- Membentuk satuan kerja pengendali risiko - Forming a liquidity risk control work unit and
likuiditas dan melaksanakan pengendalian performing consistent and independent liquidity
risiko likuiditas secara konsisten dan risk control.
independen.
- Melaksanakan fungsi ALCO (Asset & Liability - Implementing the ALCO (Asset & Liability
Committee) untuk mengatur tingkat bagi hasil Committee) function to manage profit sharing in
dalam usaha meningkatkan/menurunkan an effort to increase/decrease certain sources
sumber dana tertentu. of funds.
- Mengelola portofolio pendanaan untuk - Managing its funding portfolio to avoid
menghindari risiko konsentrasi dan concentration risk and dependence on single
ketergantungan pada sumber pendanaan source of funding. This matter is monitored by
tertentu. Hal ini dimonitor oleh ALCO dan Risk ALCO and Risk Management Committee
Management Committee (RMC) secara (RMC) on a monthly basis.
bulanan.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
- Menerapkan kerangka pengukuran Risiko - Implementing Liquidity Risk Measurement
Likuiditas dengan mengacu pada Basel III Framework by referring to Basel III, consist of
yakni Rasio LCR (Liquidity Coverage Ratio) LCR (Liquidity Coverage Ratio) and NSFR (Net
dan NSFR (Net Stable Funding Ratio). Stable Funding Ratio).
- Menetapkan prosedur dan tim kontijensi - Establishing procedures and team for funding
pendanaan likuiditas, sebagai bagian dari liquidity contingency, as part of the liquidity risk
pengendalian risiko likuiditas, khususnya pada control, especially in crisis condition.
saat kondisi krisis.
92
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Page 563
PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
43. MANAJEMEN RISIKO (lanjutan) 43. RISK MANAGEMENT (continued)
Risiko operasional Operational risk
Risiko operasional adalah risiko terjadinya kerugian Operational risk is defined as the risk of loss
yang disebabkan oleh ketidakcukupan dan/atau resulting from inadequate or failure internal
tidak berfungsinya proses internal, kesalahan processes, people and systems failure or from
manusia, kegagalan sistem atau adanya kejadian- external events.
kejadian eksternal.
Kerangka kerja pengelolaan risiko operasional Operational risk management framework
1. Kerangka kerja pengelolaan risiko operasional 1. The Bank’s operational risk management
Bank dilakukan dengan pembagian framework is executed with clear
akuntabilitas dan peran yang jelas. Direksi dan accountabilities and roles. The Board of
Dewan Komisaris bertanggung-jawab untuk Directors and the Board of Commissioners are
mengawasi efektivitas dari kerangka kerja responsible to oversee the effectiveness of
pengelolaan risiko operasional secara overall operational risk management framework
menyeluruh maupun pada pelaksanaannya. as well as its execution.
Dalam rangka pengendalian internal, Bank In the framework of internal control, the Bank
menerapkan konsep 3 layers of defense. applies the concept of 3 layers of defense.
Pertama, unit kerja (Risk Taking Unit) dibantu First, Risk Taking Unit (RT4) assisted with the
dengan fungsi Quality Assurance (QA) Quality Assurance (QA) function ensures that
memastikan bahwa kegiatan operasional yang the operational activities carried out are in
dilakukan telah sesuai dengan kebijakan maupun accordance with existing policies and
prosedur yang ada. procedures.
Kedua, Satuan Kerja Manajemen Risiko (SKMR) Second, Operational Risk Management
memastikan proses identifikasi, pengukuran, (SKMR) ensures the process of identifying,
pemantauan dan pengendalian risiko, serta measuring, monitoring and controlling risk, and
sistem informasi manajemen risiko telah dikelola the risk management information system has
dengan baik. Selain itu Satuan Kerja Kepatuhan been managed properly. In addition,
(SKK) memastikan bahwa seluruh aktifitas Bank Compliance Management Unit (SKK) ensures
telah sesuai dengan peraturan internal dan that all Bank’s activities have complied with
eksternal, termasuk telah sesuai dengan internal and external regulation, including the
penerapan prinsip syariah. sharia principles.
Ketiga, Satuan Kerja Audit Internal (SKAI) Third, Internal Audit unit (SKAI) ensures that all
memastikan bahwa seluruh risiko yang tersisa residual risks have been managed properly
(residual risk) telah dikelola dengan baik sesuai based on applied compliance risk appetite and
risk appetite maupun risk tolerance yang telah risk tolerance. Continuous alignment between
ditetapkan. Penyelarasan kerja antara pihak- all parties related to internal control practices in
pihak yang terkait praktik pengendalian internal the Bank conducted through regular forums
Bank dilakukan secara berkelanjutan melalui and facilitations.
forum-forum periodik dan fasilitasi rutin.
2. Pelaksanaan kerangka kerja pengelolaan risiko 2. Practices of ORM Framework in Bank are
operasional di Bank dilakukan dalam tahapan conducted through an integrated process and
PT Bank BTPN Syariah Tbk | 2023 Annual Report
proses yang terpadu dan terdiri dari proses consists of risk identification, measurement,
identifikasi, pengukuran, pemantauan serta monitoring and controlling/mitigating.
pengendalian/mitigasi risiko.
93
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Page 564
PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
43. MANAJEMEN RISIKO (lanjutan) 43. RISK MANAGEMENT (continued)
Kerangka kerja pengelolaan risiko operasional Operational risk management framework
(lanjutan) (continued)
Dalam proses ini, Bank secara bertahap In this process, the Bank performs risk reviews
melakukan tinjauan risiko secara menyeluruh over new and/or changes to Bank’s products,
atas produk, sistem, layanan maupun system, services and activities/processes,
aktivitas/proses Bank yang baru maupun development of risk registration, definition of
perubahannya, pengembangan sistem mitigations/control mechanisms as well as
registrasi risiko, pendefinisian continuous measurement over residual risk
mitigasi/mekanisme kontrol, serta secara terus exposures and the level of the Working Units’
menerus melakukan pengukuran atas discipline in deploying control mechanisms.
pemaparan risiko dan tingkat kedisiplinan Unit
Kerja dalam menerapkan mekanisme kontrol.
3. Otomasi dari proses pengelolaan risiko 3. Automation of day-to-day ORM processes is
operasional sehari-hari dilakukan melalui performed by the ORMS (Operational Risk
ORMS (Operational Risk Management Management System), an internally designed
System) yang merupakan aplikasi online real- online-real time application which is
time internal untuk memudahkan pencatatan, implemented to facilitate recording, analysis
analisis, dan pelaporan dari data risiko and reporting of operational risk data by
operasional, dengan kemampuan melakukan enabling risk identification,
identifikasi risiko, penilaian/pengukuran, assessment/measurement, monitoring and
pemantauan, dan pengendalian/mitigasi yang controlling/mitigating to be conducted in an
dilaksanakan secara terintegrasi, sehingga integrated manner, thereby enhance the
dapat meningkatkan efektivitas dari effectiveness of operational risk management.
pengelolaan risiko operasional.
4. Perhitungan beban modal untuk risiko 4. The Bank has performed the capital charges
operasional dilakukan Bank dengan calculation for operational risk by using Basic
menggunakan Pendekatan Indikator Dasar Indicator Approach in accordance to Bank
sesuai dengan ketentuan Regulator (Bank Indonesia/OJK.
Indonesia/OJK).
5. Bank telah menyusun pedoman bagi 5. The Bank has composed a comprehensive
Pengelolaan Kelangsungan Usaha yang Business Continuity Management (“BCM”)
komprehensif dengan tujuan untuk guidelines to anticipate operational risks that
mengantisipasi risiko operasional yang might arise from critical situations, such as
mungkin terjadi dari situasi ekstrim/kritikal natural disasters e.g. flood, earthquake, and
karena bencana alam seperti banjir, gempa other factors e.g. fire, major system disruption,
bumi, dan juga faktor lainnya seperti power failure, as well as non-conducive
kebakaran, gangguan sistem utama, gangguan business environment to ensure continuous
pasokan listrik, hingga lingkungan bisnis yang services to customer.
kurang menguntungkan, sehingga
kelangsungan layanan kepada nasabah dapat
terjamin.
Risiko non-keuangan lainnya Other non-financial risks
Bank juga mengelola dan memonitor risiko non- The Bank also manages and monitors non-financial
keuangan sebagai berikut: risk as follows:
(i) risiko hukum untuk mengurangi kemungkinan (i) legal risks to minimise possible losses from
kerugian dari tuntutan hukum atau kelemahan lawsuits and/or weaknesses in juridical
PT Bank BTPN Syariah Tbk | 2023 Annual Report
aspek yuridis, contohnya yang disebabkan oleh matters, for example caused by the weak legal
lemahnya perikatan, ketiadaan peraturan arrangements, an absence and/or change of
perundang-undangan yang menyebabkan regulations, which causes a transaction to
suatu transaksi yang telah dilakukan tidak become illegal and resulting in litigation
sesuai dengan ketentuan yang ada, dan process;
mengakibatkan terjadinya proses litigasi;
94
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
43. MANAJEMEN RISIKO (lanjutan) 43. RISK MANAGEMENT (continued)
Risiko non-keuangan lainnya (lanjutan) Other non-financial risks (continued)
(ii) risiko reputasi untuk mengurangi kemungkinan (ii) reputation risks to minimise possible losses
kerugian dari publikasi negatif yang terkait from negative publicity relating to the Bank’s
dengan kegiatan usaha Bank atau persepsi business activities or negative perception
negatif terhadap Bank; about the Bank;
(iii) risiko strategis untuk mengurangi kemungkinan (iii) strategic risks to minimise possible losses
kerugian akibat ketidaktepatan dalam arising from inappropriate decision and/or
pengambilan dan/atau pelaksanaan suatu carrying out a strategic decision which fails to
keputusan stratejik yang gagal mengantisipasi anticipate changes in the business
perubahan lingkungan bisnis; dan environment; and
(iv) risiko kepatuhan untuk mengurangi (iv) compliance risks to minimise possible losses
kemungkinan kerugian karena tidak mematuhi from non-compliance or failure to implement
atau tidak melaksanakan peraturan prevailing laws and regulations, including
perundang-undangan dan ketentuan lain yang sharia principles for the Bank.
berlaku, termasuk prinsip syariah bagi Bank.
(v) risiko imbal hasil untuk memastikan dampak (v) rate of return risk to ensure that the changes of
dari perubahan tingkat imbal hasil yang rate of return offered by the Bank do not bring
dibayarkan Bank tidak berdampak signifikan significant impact to funding customers
terhadap perilaku nasabah dana pihak ketiga. behavior.
(vi) risiko investasi untuk memastikan potensi (vi) investment risk to ensure the potential risks
risiko yang mungkin timbul akibat Bank ikut arising from the Bank sharing the losses of
menanggung kerugian dari usaha nasabah financing customer's business under a profit
pembiayaan dengan akad bagi hasil. sharing contract.
Berpedoman pada Surat Edaran OJK SEOJK Following OJK Circular Letter SEOJK
No. 13/SEOJK.03/2015 dan New Basel II Capital No. 13/SEOJK.03/2015 and the New Basel II
Accord yang memasukkan risiko operasional dalam Capital Accord, which added operational risk in the
perhitungan regulatory capital, Bank telah calculation of regulatory capital, the Bank has
menerapkan prinsip-prinsip manajemen risiko applied the principles of operational risk
operasional, termasuk perhitungan beban modal management, including operational risk capital
risiko operasional. charge.
Proses pengelolaan risiko operasional dilakukan Operational risk management process is performed
oleh setiap unit kerja (risk owner), sehingga unit-unit by each unit (risk owner), so the units in head office
kerja di kantor pusat dan kantor-kantor cabang, and branches, facilitated by risk management unit,
dengan difasilitasi oleh unit manajemen risiko, are responsible to identify, assess, measure,
bertanggung jawab dalam proses identifikasi, monitor, and control operational risk, to become
penilaian, pengukuran, pemantauan serta faster and more accurate.
pengendalian risiko operasional menjadi lebih
akurat dan cepat.
Untuk mengantisipasi terhadap kejadian-kejadian To anticipate events which can disrupt the Bank’s
yang dapat mengganggu operasional Bank sebagai operations as a result of internal factors such as
PT Bank BTPN Syariah Tbk | 2023 Annual Report
akibat faktor internal seperti gangguan pada sistem disturbances in information technology systems and
teknologi informasi dan faktor eksternal seperti external factors such as natural disasters, riots, and
bencana alam, kerusuhan, dan kebakaran, Bank fires, the Bank has developed the Business
telah mengembangkan Business Continuity Continuity Management and Disaster Recovery
Management dan Disaster Recovery Plan. Terkait Plan. In the relation to the COVID-19 pandemic,
dengan kondisi pandemi COVID-19, tindakan preventive and handling measures for the
pencegahan dan penanganan atas pandemi COVID-19 pandemic have been included in the
COVID-19 telah turut disertakan dalam Business Bank’s Business Continuity Management.
Continuity Management Bank.
95
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
44. MANAJEMEN MODAL 44. CAPITAL MANAGEMENT
Tujuan manajemen permodalan Bank adalah untuk The Bank’s capital management objective is to
mempertahankan posisi modal yang kuat untuk maintain a strong capital position to support
mendukung pertumbuhan bisnis dan business growth and to sustain investor, depositor,
mempertahankan investor, deposan, pelanggan customer and market confidence. In managing its
dan kepercayaan pasar. Dalam pengelolaan capital, the Bank considers some factors such as:
permodalan, Bank mempertimbangkan faktor-faktor providing optimal capital rate of return to
seperti: pengembalian modal yang optimal kepada shareholders and maintaining a balance between
pemegang saham, menjaga keseimbangan antara high return with gearing ratio and safety provided by
keuntungan yang lebih tinggi dengan gearing ratio a sound capital position.
serta keamanan yang diberikan oleh posisi modal
yang sehat.
Rasio Kewajiban Penyediaan Modal Minimum The Minimum Required Capital Adequacy Ratio
(KPMM) Bank yang dikaitkan dengan profil risiko (CAR) of the Bank is related with the Bank’s risk
Bank dan dihitung berdasarkan Peraturan OJK profile and calculated based on OJK Regulation
No. 21/POJK.03/2014 dan Surat Edaran OJK No. 21/POJK.03/2014 and OJK Circular Letter
No. 34/SEOJK.03/2015 tentang Perhitungan Aset No. 34/SEOJK.03/2015 regarding Calculation of
Tertimbang Menurut Risiko untuk Risiko Kredit Risk Weighted Assets for Credit Risk by Using
dengan Menggunakan Pendekatan Standar bagi Standard Approach for Sharia Commercial
Bank Umum Syariah, Surat Edaran OJK Banks, OJK Circular Letter No. 13/SEOJK.03/2018
No. 13/SEOJK.03/2018 tentang Perubahan Surat regarding Amendment to OJK Circular Letter
Edaran OJK No. 34/SEOJK.03/2015 tentang No. 34/SEOJK.03/2015 concerning Calculation of
Perhitungan Aset Tertimbang Menurut Risiko Risk Weighted Assets for Credit Risk Using the
untuk Risiko Kredit dengan Menggunakan Standard Approach for Sharia Commercial Banks
Pendekatan Standar bagi Bank Umum Syariah and OJK Circular Letter No. 13/SEOJK.03/15
dan Surat Edaran OJK No. 13/SEOJK.03/15 concerning Calculation of Risk Weighted Assets for
tentang Perhitungan Aset Tertimbang Menurut Operational Risk Using Basic Indicators for
Risiko untuk Risiko Operasional dengan Sharia Commercial Banks was as follows:
Menggunakan Indikator Dasar bagi Bank Umum
Syariah adalah sebagai berikut:
2023 2022
Modal inti 8,235,764) 8,019,187) Core capital
Modal pelengkap (maksimum Supplementary capital (maximum at
100% dari modal inti) 107,043) 99,814) 100% from core capital)
Jumlah modal 8,342,807) 8,119,001) Total capital
Aset Tertimbang Menurut Risk Weighted Assets
Risiko (ATMR) (RWA)
Risiko Kredit 8,072,300) 7,750,299) Credit Risk
Risiko Operasional 8,095,128) 7,380,362) Operational Risk
Rasio total 51.60% 53.66% Total ratio
Rasio KPMM yang diwajibkan 9% - 10% 9% - 10% Minimum CAR
PT Bank BTPN Syariah Tbk | 2023 Annual Report
45. JAMINAN PEMERINTAH TERHADAP 45. GOVERNMENT GUARANTEE ON OBLIGATIONS
LIABILITAS PEMBAYARAN BANK UMUM OF COMMERCIAL BANKS
Sesuai dengan Peraturan Pemerintah Republik According to Government Regulation No. 39 year
Indonesia No. 39 tahun 2005 tanggal 2005 dated 12 October 2005, since
12 Oktober 2005, sejak tanggal 12 Oktober 2005, 12 October 2005, guarantees on deposits from
penjaminan simpanan nasabah bank berdasarkan customers of Syariah principles banks follow Law
prinsip Syariah mengacu kepada Undang-Undang No. 24 dated 22 Desember 2004.
No. 24 tanggal 22 Desember 2004.
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. JAMINAN PEMERINTAH TERHADAP 45. GOVERNMENT GUARANTEE ON OBLIGATIONS
LIABILITAS PEMBAYARAN BANK UMUM OF COMMERCIAL BANKS (continued)
(lanjutan)
Berdasarkan Undang-Undang No. 24 tanggal Based on Law No. 24 dated 22 Desember 2004,
22 Desember 2004, efektif sejak tanggal effective 22 Desember 2005, Indonesia Deposit
22 Desember 2005, Lembaga Penjamin Simpanan Insurance Corporation (LPS) was established to
(LPS) dibentuk untuk menjamin kewajiban tertentu provide guarantee on certain deposits from
bank-bank umum berdasarkan program penjaminan customers based on prevailing guarantee schemes.
yang berlaku. Undang-Undang tersebut telah The law was changed with the Government
diubah dengan Peraturan Pemerintah sebagai Regulation as the Replacement of Law No. 3
Pengganti Undang-Undang No. 3 tahun 2008, yang Year 2008, which was stipulated as a law since
mana telah ditetapkan menjadi undang-undang 13 January 2009 based on the Republic of
sejak tanggal 13 Januari 2009 berdasarkan Indonesia Law No. 7 Year 2009.
Undang-Undang Republik Indonesia No. 7
tahun 2009.
Berdasarkan Peraturan Pemerintah Republik Based on the Government Regulation of the
Indonesia No. 66/2008 tanggal 13 Oktober 2008 Republic of Indonesia No. 66/2008 dated
mengenai besarnya nilai simpanan yang dijamin 13 October 2008 regarding the deposit amount
LPS, pada tanggal 31 Desember 2023 dan 2022, guaranteed by LPS, as of 31 December 2023 and
jumlah simpanan yang dijamin LPS adalah 2022, the deposit amount guaranteed by LPS for
simpanan sampai dengan Rp 2.000 untuk every customer in a bank was a maximum
per nasabah per bank. of Rp 2,000.
Pada tanggal 31 Desember 2023 dan 2022, Bank As of 31 December 2023 and 2022, the Bank was a
adalah peserta dari program penjaminan tersebut. participant of the guarantee program.
46. OPINI DEWAN PENGAWAS SYARIAH 46. OPINION OF THE SHARIA SUPERVISORY
BOARD
Untuk tahun yang berakhir pada tanggal For the years ended 31 December 2023 and 2022,
31 Desember 2023 dan 2022, Dewan Pengawas the Sharia Supervisory Board (“DPS”) stated that in
Syariah (“DPS”) menyatakan bahwa secara umum general the sharia aspects in the Bank’s operation
aspek syariah dalam operasional Bank sudah have complied with sharia principles and values.
sesuai dengan prinsip dan nilai-nilai syariah.
47. STANDAR AKUNTANSI YANG DITERBITKAN 47. ISSUED BUT NOT YET EFFECTIVE
NAMUN BELUM BERLAKU EFEKTIF ACCOUNTING STANDARDS
Beberapa standar akuntansi baru dan interpretasi Certain new accounting standards and
dari standar akuntansi telah diterbitkan dan belum interpretations have been issued that are not yet
berlaku efektif untuk tahun buku yang berakhir pada effective for the year ended 31 December 2023 and
tanggal 31 Desember 2023 dan belum diterapkan have not been applied in preparing these financial
pada penyusunan laporan keuangan ini. statements. Among them, the following PSAK,
Diantaranya adalah beberapa PSAK di bawah ini, which will become effective for reporting periods
yang akan berlaku efektif sejak tanggal beginning on or after 1 January 2024 and early
1 Januari 2024 dan penerapan dini diperbolehkan : adoption is permitted :
PT Bank BTPN Syariah Tbk | 2023 Annual Report
- Amendemen PSAK 1: “Penyajian Laporan - Amendment of PSAK 1: “Presentation of
Keuangan: Pengungkapan liabilitas jangka Financial Statements: Disclosure of long term
panjang dengan kovenan”; dan liabilities under the covenant; and
- Amandemen PSAK 2 “Laporan Arus Kas”; dan - Amendments to PSAK 2 “Cash Flow
Statement”; and
- Amendemen PSAK 73: “Sewa” terkait liabilitas - Amendment of PSAK 73: “Leases” regarding
sewa pada transaksi jual dan sewa-balik lease liabilities in sale-and-lease back
transactions
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PT BANK BTPN SYARIAH Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
47. STANDAR AKUNTANSI YANG DITERBITKAN 47. ISSUED BUT NOT YET EFFECTIVE
NAMUN BELUM BERLAKU EFEKTIF (lanjutan) ACCOUNTING STANDARDS (continued)
PSAK dibawah ini akan berlaku efektif sejak The following PSAK will become effective for
tanggal 1 Januari 2025 dan penerapan dini reporting periods beginning on or after 1 January
diperbolehkan : 2025 and early adoption is permitted :
- Amandemen PSAK 10 “Pengaruh Perubahan - Amendments to PSAK 10 “The Effect of
Kurs Valuta Asing” Changes in Foreign Exchange Rates”
Pada saat penerbitan laporan keuangan, Bank As at the authorization date of this financial
masih mempelajari dampak yang akan mungkin statements, the Bank is still evaluating the potential
timbul dari penerapan standar baru dan revisi impact of these new and revised standards to the
tersebut serta pengaruhnya terhadap laporan financial statements.
keuangan.
48. INFORMASI KEUANGAN TAMBAHAN 48. SUPPLEMENTARY FINANCIAL INFORMATION
Bank menerbitkan laporan keuangan konsolidasian The Bank issued the consolidated financial
yang merupakan laporan keuangan utama. statements as its primary financial statements.
Informasi keuangan tambahan PT BANK The supplementary financial information of
BTPN SYARIAH Tbk (Entitas Induk) ini, dimana PT BANK BTPN SYARIAH Tbk (Parent Entity)
investasi pada Entitas Anak dicatat dengan which account for investments in Subsidiary
metode harga perolehan, disajikan untuk dapat using the cost method, have been prepared in order
menganalisis hasil usaha entitas induk saja. that the parent entity’s results of operations can be
Informasi keuangan tambahan PT BANK BTPN analysed. The following supplementary financial
SYARIAH Tbk (Entitas Induk) (halaman 99-109) information of PT BANK BTPN SYARIAH Tbk
berikut ini harus dibaca bersamaan dengan (Parent Entity) (pages 99-109) should be read in
laporan keuangan konsolidasian PT BANK BTPN conjunction with the consolidated financial
SYARIAH Tbk dan Entitas Anak. statements of PT BANK BTPN SYARIAH Tbk
and Subsidiary.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
LAMPIRAN 1.1 APPENDIX 1.1
PT BANK BTPN SYARIAH Tbk
ENTITAS INDUK/PARENT ENTITY
LAPORAN POSISI KEUANGAN STATEMENTS OF FINANCIAL POSITION
31 DESEMBER 2023 DAN 2022 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2023 2022
ASET ASSETS
Kas 497,153) 729,843) Cash
Current accounts and placements with Bank
Giro dan penempatan pada Bank Indonesia 763,443) 731,427) Indonesia
Giro pada bank-bank lain Current accounts with other banks
- Pihak ketiga 1,251) 1,036) Third parties -
- Pihak berelasi 3,464) 8,982) Related party -
4,715) 10,018)
Investasi pada surat berharga 8,491,180) 7,534,838) Investments in marketable securities
Pendapatan yang akan diterima dari investasi Accrued income from investments in marketable
pada surat berharga 75,512) 64,941) securities
8,566,692) 7,599,779)
Piutang murabahah
setelah dikurangi pendapatan marjin Murabahah receivables
yang ditangguhkan sebesar net deferred margin income of
31 Desember 2023: Rp 2.776.708 dan 31 December 2023: Rp 2,776,708 and
31 Desember 2022: Rp 2.830.763 31 December 2022: Rp 2,830,763
- Pihak ketiga 11,367,662) 11,463,672) Third parties -
Pendapatan yang akan diterima dari piutang Accrued income from murabahah
murabahah 164,890) 138,773) receivables
Dikurangi: Cadangan kerugian penurunan nilai (1,213,542) (768,259) Less: Allowance for impairment losses
10,319,010) 10,834,186)
Pinjaman qardh - pihak ketiga 530) 3,516) Funds of qardh - third parties
Pendapatan yang akan diterima dari piutang Accrued income from qardh
qardh -) 3) receivables
Dikurangi: Cadangan kerugian penurunan nilai (177) (63) Less: Allowance for impairment losses
353) 3,456)
Pembiayaan musyarakah - pihak ketiga 19,669) 60,275) Musyarakah financing - third parties
Dikurangi: Cadangan kerugian penurunan nilai (197) (603) Less: Allowance for impairment losses
19,472) 59,672)
Penyertaan saham 297,000) 297,000) Investment in shares
Beban dibayar dimuka 48,012) 53,141) Prepayments
Aset tetap 1,082,125) 1,092,053) Fixed assets
Dikurangi: Akumulasi penyusutan (705,901) (713,286) Less: Accumulated depreciation
376,224) 378,767)
Aset takberwujud 383,607) 296,549) Intangible assets
Dikurangi: Akumulasi amortisasi (172,863) (125,937) Less: Accumulated amortization
210,744) 170,612)
Aset pajak tangguhan 274,217) 161,378)
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Deferred tax assets
Aset lain-lain - bersih 35,470) 117,683) Other assets - net
JUMLAH ASET 21,412,505) 21,146,962) TOTAL ASSETS
99
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INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
LAMPIRAN 1.2 APPENDIX 1.2
PT BANK BTPN SYARIAH Tbk
ENTITAS INDUK/PARENT ENTITY
LAPORAN POSISI KEUANGAN STATEMENTS OF FINANCIAL POSITION
31 DESEMBER 2023 DAN 2022 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2023 2022
LIABILITAS, DANA SYIRKAH TEMPORER LIABILITIES, TEMPORARY SYIRKAH FUNDS
DAN EKUITAS AND SHAREHOLDERS’ EQUITY
LIABILITAS LIABILITIES
Liabilitas segera 29,345) 38,428 Liabilities due immediately
Bagi hasil yang belum dibagikan 21,951) 18,996 Undistributed revenue sharing
Simpanan nasabah Deposits from customers
- Pihak ketiga Third parties -
Giro wadiah 24,009) 27,646) Wadiah demand deposits
Tabungan wadiah 2,197,488) 2,177,252) Wadiah saving deposits
- Pihak berelasi Related parties -
Tabungan wadiah 500) 371) Wadiah saving deposits
2,221,997) 2,205,269)
Utang pajak Taxes payable
- Pajak penghasilan badan 34,851) 42,997) Corporate income tax -
- Pajak lainnya 16,044) 14,950) Other taxes -
50,895) 57,947)
Pinjaman yang diterima -) 100,000) Borrowings
Liabilitas sewa 53,792) 67,746) Lease liabilities
Liabilitas lain-lain 62,569) 144,504) Other liabilities
Akrual 67,471) 90,402) Accruals
Liabilitas imbalan kerja karyawan 229,290) 185,693) Employee benefits liabilities
JUMLAH LIABILITAS 2,737,310) 2,908,985) TOTAL LIABILITIES
DANA SYIRKAH TEMPORER TEMPORARY SYIRKAH FUNDS
Bukan bank Non-bank
Tabungan mudharabah Mudharabah saving deposits
- Pihak ketiga 887,890) 763,070) Third parties -
- Pihak berelasi 2,176) 1,322) Related parties -
890,066) 764,392)
Deposito mudharabah Mudharabah time deposits
- Pihak ketiga 8,997,932) 9,043,060) Third parties -
- Pihak berelasi 32,934) 36,535) Related parties -
9,030,866) 9,079,595)
PT Bank BTPN Syariah Tbk | 2023 Annual Report
JUMLAH DANA SYIRKAH TEMPORER 9,920,932) 9,843,987) TOTAL TEMPORARY SYIRKAH FUNDS
100
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INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
LAMPIRAN 1.3 APPENDIX 1.3
PT BANK BTPN SYARIAH Tbk
ENTITAS INDUK/PARENT ENTITY
LAPORAN POSISI KEUANGAN STATEMENTS OF FINANCIAL POSITION
31 DESEMBER 2023 DAN 2022 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2023 2022
EKUITAS SHAREHOLDERS’ EQUITY
Modal saham Share capital
Modal dasar – 27.500.000.000 saham Authorized – 27,500,000,000 shares
Modal ditempatkan dan disetor penuh- Issued and fully paid capital -
7.703.700.000 saham 770,370) 770,370) 7,703,700,000 shares
Tambahan modal disetor 846,440) 846,440) Additional paid-in capital
Cadangan revaluasi aset 5,239) 5,239) Asset revaluation reserve
Keuntungan yang belum direalisasi atas
investasi pada surat berharga yang Unrealized gains on investments in
diklasifikasikan sebagai diukur pada nilai marketable securities classified as
wajar melalui penghasilan komprehensif measured as fair value through other
lain – bersih 143) 63) comprehensive income - net
Saldo laba Retained earnings
- Dicadangkan 125,000) 105,000) Appropriated -
- Belum dicadangkan 6,991,693) 6,653,135) Unappropriated -
7,116,693) 6,758,135)
Komponen ekuitas lainnya 20,916) 20,916) Other equity components
Saham tresuri (5,538) (7,173) Treasury shares
JUMLAH EKUITAS 8,754,263) 8,393,990) TOTAL EQUITY
JUMLAH LIABILITAS, DANA SYIRKAH TOTAL LIABILITIES, TEMPORARY SYIRKAH
TEMPORER, DAN EKUITAS 21,412,505) 21,146,962) FUNDS, AND EQUITY
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
LAMPIRAN 2.1 APPENDIX 2.1
PT BANK BTPN SYARIAH Tbk
ENTITAS INDUK/PARENT ENTITY
LAPORAN LABA RUGI DAN PENGHASILAN STATEMENTS OF PROFIT OR LOSS
KOMPREHENSIF LAIN AND OTHER COMPREHENSIVE INCOME
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2023 2022
Pendapatan pengelolaan dana oleh Bank sebagai Income from fund management by the Bank
mudharib as mudharib
Income from sales and purchases -
Pendapatan dari jual beli - marjin murabahah 5,299,422) 5,048,219) murabahah margin
Pendapatan dari piutang lainnya 182) 120) Income from other receivables
Pendapatan bagi hasil - pembiayaan Revenue from profit sharing -
musyarakah 4,727) 3,289) musyarakah financing
Pendapatan usaha utama lainnya 431,060) 318,913) Other main operating income
5,735,391) 5,370,541)
Hak pihak ketiga atas bagi hasil dana syirkah Third parties’ shares on return of temporary
temporer (486,444) (344,655) syirkah funds
Hak bagi hasil milik Bank 5,248,947) 5,025,886) Bank’s share in profit sharing
PENDAPATAN OPERASIONAL LAINNYA 60,949) 61,819) OTHER OPERATING INCOME
BEBAN OPERASIONAL LAINNYA OTHER OPERATING EXPENSES
Beban tenaga kerja (1,361,556) (1,192,801) Personnel expenses
Beban umum dan administrasi (638,080) (609,820) General and administrative expenses
Pembentukan cadangan kerugian penurunan nilai (1,898,117) (945,052) Provision for allowance for impairment losses
Beban operasional lainnya (41,387) (65,598) Other operating expenses
(3,939,140) (2,813,271)
PENDAPATAN OPERASIONAL BERSIH 1,370,756) 2,274,434) NET OPERATING INCOME
Pendapatan (beban) non-operasional - bersih 405) (5,058) Non-operating income (expenses) - net
LABA SEBELUM PAJAK PENGHASILAN 1,371,161) 2,269,376) INCOME BEFORE INCOME TAX
BEBAN PAJAK PENGHASILAN INCOME TAX EXPENSE
- Kini (411,468) (508,819) Current -
- Tangguhan 112,030) 8,108) Deferred -
(299,438) (500,711)
LABA BERSIH TAHUN BERJALAN 1,071,723) 1,768,665) NET INCOME FOR THE YEAR
PT Bank BTPN Syariah Tbk | 2023 Annual Report
102
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INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
LAMPIRAN 2.2 APPENDIX 2.2
PT BANK BTPN SYARIAH Tbk
ENTITAS INDUK/PARENT ENTITY
LAPORAN LABA RUGI DAN PENGHASILAN STATEMENTS OF PROFIT OR LOSS
KOMPREHENSIF LAIN AND OTHER COMPREHENSIVE INCOME
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2023 2022
PENGHASILAN KOMPREHENSIF LAIN: OTHER COMPREHENSIVE INCOME:
Pos yang tidak akan direklasifikasi ke laba Items that would never be reclassified to
rugi profit or loss .
Pengukuran kembali liabilitas imbalan kerja Remeasurement of employee
karyawan (688) 5,891) benefits liabilities
Pajak penghasilan terkait 58) (1,296) Related income tax
(630) 4,595)
Items that will be reclassified to profit
Pos yang akan direklasifikasi ke laba rugi or loss
Keuntungan (kerugian) yang belum direalisasi Unrealized gains (losses) on investments in
atas investasi pada surat berharga yang marketable securities classified as
diklasifikasikan sebagai diukur pada nilai measured at fair value through other
wajar melalui penghasilan komprehensif lain 102) (32) comprehensive income
Pajak penghasilan terkait (22) 7) Related income tax
80) (25)
Penghasilan komprehensif lain tahun Other comprehensive income
berjalan, setelah pajak penghasilan (550) 4,570) for the year, net of income tax
JUMLAH LABA KOMPREHENSIF TAHUN
BERJALAN, SETELAH PAJAK TOTAL COMPREHENSIVE INCOME FOR
PENGHASILAN 1,071,173) 1,773,235) THE YEAR, NET OF INCOME TAX
LABA BERSIH PER SAHAM DASAR/DILUSIAN BASIC/DILUTED EARNINGS PER SHARE
(NILAI PENUH) 139) 230) (FULL AMOUNT)
PT Bank BTPN Syariah Tbk | 2023 Annual Report
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PT Bank BTPN Syariah Tbk | 2023 Annual Report
572
INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
LAMPIRAN 3 APPENDIX 3
PT BANK BTPN SYARIAH Tbk
ENTITAS INDUK/PARENT ENTITY
LAPORAN PERUBAHAN EKUITAS STATEMENTS OF CHANGES IN EQUITY
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Keuntungan/ kerugian
yang belum direalisasi
atas investasi pada surat
berharga yang
diklasifikasikan sebagai
diukur pada nilai wajar
Cadangan melalui penghasilan Kompon
Modal pembayar komprehensif Saldo laba en
saham Tambaha an lain/Unrealized gains/ yang Saldo laba yang ekuitas
ditempatkan n modal berbasis Cadangan losses on investments in dicadangkan belum lainnya/
dan disetor disetor/ saham/Sh revaluasi marketable securities / dicadangkan/ Saham Other
penuh/Issue Additiona are-based aset/Asset classified as measured at Appropriate Unappropriated tresuri/ equity Jumlah
d and fully l paid-in payment revaluation fair value through other d retained retained Treasury compone ekuitas/
paid capital capital reserve reserve comprehensive income earnings earnings shares nts Total equity
Saldo pada tanggal 31 Desember 2021 770,370 846,440 20,916) 5,239 88)) 85,000) 5,375,501)) (8,941) - 7,094,613) Balance as of 31 December 2021
Pembayaran dividen dari laba bersih Payments of dividend from
tahun 2021 - - -) - -) - (475,626) -) - (475,626) 2021 net income
Pembentukan cadangan wajib - - -) - -) 20,000 (20,000) -) -) Appropriation for legal reserve
Laba bersih tahun berjalan - - -) - -) - 1,768,665) -) - 1,768,665) Net profit for the year
Penghasilan komprehensif lain: Other comprehensive income:
Penilaian kembali liabilitas imbalan - - -) - -) - 5,891) -) - 5,891) Remeasurement of employee
kerja karyawan benefits liabilities
Investasi pada surat berharga yang Investments in marketable
diklasifikasikan sebagai diukur securities classified as
pada nilai wajar melalui measured at fair value through
penghasilan komprehensif lain - - -) - (32) - -) -) - (32) other comprehensive income
Pajak penghasilan terkait - - -) - 7) - (1,296) -) - (1,289) Related Income tax
Reklasifikasi ke komponen ekuitas - - (20,916) - -) - -) -) 20,916 -) Reclassification to other equity
lainnya components
Pembayaran kompensasi dari Payments of compensation from
saham tresuri -) -) -) -) -) -) -)) 1,768) -) 1,768) treasury shares
Saldo pada tanggal 31 Desember 2022 770,370 846,440 -) 5,239) 63) 105,000 6,653,135) (7,173) 20,916 8,393,990) Balance as of 31 December 2022
Pembayaran dividen dari laba bersih Payments of dividend from
tahun 2022 - - - - - - (712,535) -) -) (712,535) 2022 net income
Pembentukan cadangan wajib - - - - - 20,000 (20,000) -) -) -) Appropriation for legal reserve
Laba bersih tahun berjalan - - - - - - 1,071,723) -) -) 1,071,723) Net profit for the year
Penghasilan komprehensif lain: - - - - - - -) -) -) Other comprehensive income:
Penilaian kembali liabilitas imbalan Remeasurement of employee
kerja karyawan - - - - - - (688) -) -) (688) benefits liabilities
Investasi pada surat berharga yang Investments in marketable
diklasifikasikan sebagai diukur securities classified as
pada nilai wajar melalui measured at fair value through
penghasilan komprehensif lain - - - - 102) - -) -) -) 102) other comprehensive income
Pajak penghasilan terkait - - - - (22) - 58) -) -) 36) Related income tax
Pembayaran kompensasi dari Payments of compensation from
saham tresuri -)) -)) -)) -)) -)) - -) 1,635) -) 1,635) treasury shares
770,370) 846,440) -) 5,239) 143) 125,000) 6,991,693) (5,538) 20,916) 8,754,263)
Saldo pada tanggal 31 Desember 2023 Balance as of 31 December 2023
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INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
LAMPIRAN 4.1 APPENDIX 4.1
PT BANK BTPN SYARIAH Tbk
ENTITAS INDUK/PARENT ENTITY
LAPORAN ARUS KAS STATEMENTS OF CASH FLOWS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2023 2022
ARUS KAS DARI AKTIVITAS OPERASI CASH FLOWS FROM OPERATING ACTIVITIES
Penerimaan pendapatan dari pengelolaan dana 5,698,706) 5,332,348) Receipts of income from fund management
Pembayaran bagi hasil dana syirkah temporer (483,489) (339,846) Payments of profit sharing for temporary syirkah funds
Penerimaan pendapatan administrasi 4,990) 10,461) Receipts of administrative income
Penerimaan dari piutang murabahah yang Receipts from recovery of written-off murabahah
dihapusbukukan 104,244) 126,190) receivables
Pembayaran beban tenaga kerja (1,317,926) (1,175,258) Payments of personnel expenses
Pembayaran beban usaha lainnya (2,000,944) (1,409,764) Payments of other operating expenses
Pembayaran terkait pendapatan (beban) non-operasional Payments related with non-operating income
- bersih (1,990) (8,388) (expenses) - net
Pembayaran pajak penghasilan badan (419,613) (510,301) Payments of corporate income tax
Arus kas sebelum perubahan dalam aset dan liabilitas Cash flows before changes in operating assets
operasi 1,583,978) 2,025,442) and liabilities
Perubahan dalam aset operasi, liabilitas operasi dan Changes in operating assets, operating liabilities
dana syirkah temporer: and temporary syirkah funds:
Penurunan (kenaikan) aset operasi: Decrease (increase) in operating assets:
Penempatan pada Bank Indonesia dan Placements with Bank Indonesia and other
bank-bank lain -) 150,000) banks
Piutang murabahah 96,010) (1,030,581) Murabahah receivables
Pembiayaan musyarakah 40,606) (50,003) Musyarakah financing
Pinjaman qardh 2,986) (3,410) Funds of qardh
Aset lain-lain (25,561) (78,360) Other assets
Kenaikan (penurunan) liabilitas operasi: Increase (decrease) in operating liabilities:
Liabilitas segera (9,083) 15,206) Liabilities due immediately
Simpanan nasabah 16,728) 137,624) Deposits from customers
Liabilitas lain-lain (12,102) (9,684) Other liabilities
Kenaikan dana syirkah temporer 76,945) 918,083) Increase in temporary syirkah funds
Arus kas bersih diperoleh dari aktivitas Net cash flows provided from operating
operasi 1,770,507) 2,074,317) activities
ARUS KAS DARI AKTIVITAS INVESTASI CASH FLOWS FROM INVESTING ACTIVITIES
Hasil penjualan aset tetap 2,394) 3,346) Proceeds from sale of fixed assets
Pembelian aset tetap (110,050) (95,635) Purchase of fixed assets
Pembelian aset takberwujud (100,053) (82,446) Purchase of intangible assets
Pembelian surat berharga (10,616,855) (7,140,399) Purchase of marketable securities
Penjualan surat berharga 9,974,731) 6,539,617) Sale of marketable securities
Penyertaan saham -) (277,200) Investment in shares
Arus kas bersih digunakan untuk aktivitas
investasi (849,833) (1,052,717) Net cash flows used in investing activities
ARUS KAS DARI AKTIVITAS PENDANAAN CASH FLOWS FROM FINANCING ACTIVITIES
Penerimaan dari pinjaman yang diterima -) 100,000) Proceeds from borrowings
Pembayaran dari pinjaman yang diterima (100,000) -) Payments from borrowings
Pembayaran dividen (681,151) (451,453) Payments of dividend
Pembayaran pajak dividen (31,384) (24,173) Payments of tax on dividend
Arus kas bersih digunakan untuk aktivitas
PT Bank BTPN Syariah Tbk | 2023 Annual Report
pendanaan (812,535) (375,626) Net cash flows used in financing activities
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INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
LAMPIRAN 4.2 APPENDIX 4.2
PT BANK BTPN SYARIAH Tbk
ENTITAS INDUK/PARENT ENTITY
LAPORAN ARUS KAS STATEMENTS OF CASH FLOWS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2023 2022
NET INCREASE IN CASH AND
KENAIKAN BERSIH KAS DAN SETARA KAS 108,139) 645,974) CASH EQUIVALENTS
CASH AND CASH EQUIVALENTS AT
KAS DAN SETARA KAS PADA AWAL TAHUN 3,912,172) 3,266,198) BEGINNING OF THE YEAR
CASH AND CASH EQUIVALENTS AT
4,020,311) 3,912,172)
KAS DAN SETARA KAS PADA AKHIR TAHUN END OF THE YEAR
Kas dan setara kas terdiri dari: Cash and cash equivalents consist of:
Kas 497,153) 729,843) Cash
Giro pada Bank Indonesia 663,443) 694,427) )Current accounts with Bank Indonesia
Giro pada bank-bank lain 4,715) 10,018) Current accounts with other banks
Penempatan pada Bank Indonesia 100,000) 37,000) Placements with Bank Indonesia
Investasi pada surat berharga 2,755,000) 2,440,884) Investments in marketable securities
4,020,311) 3,912,172)
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INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
LAMPIRAN 5 APPENDIX 5
PT BANK BTPN SYARIAH Tbk
ENTITAS INDUK/PARENT ENTITY
LAPORAN REKONSILIASI STATEMENTS OF RECONCILIATION
PENDAPATAN DAN BAGI HASIL OF INCOME AND REVENUE SHARING
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2023 2022
Pendapatan pengelolaan dana oleh Bank Income from fund management by the Bank
sebagai mudharib as mudharib
Income from sales and purchases -
Pendapatan dari jual beli - marjin murabahah 5,299,422) 5,048,219) murabahah margin
Pendapatan dari piutang lainnya 182) 120) Income from other receivables
Pendapatan dari bagi hasil - pembiayaan Revenue from profit sharing - musyarakah
musyarakah 4,727) 3,289) financing
Pendapatan usaha utama lainnya 431,060) 318,913) Other main operating income
5,735,391) 5,370,541)
Pengurang Deductions
Pendapatan tahun berjalan yang kas dan setara Current period income in which the cash and
kasnya belum diterima: cash equivalents were not received:
Income from sales and purchases -
Pendapatan dari jual beli - marjin murabahah (164,890) (138,773) murabahah margin
Pendapatan keuntungan piutang lainnya -) (3) Income from profit other receivables
Pendapatan usaha utama lainnya (75,512) (64,941) Other main operating income
(240,402) (203,717)
Penambah Additions
Pendapatan tahun sebelumnya yang kasnya Prior period income in which the cash were
diterima pada tahun berjalan: received in the current year:
Penerimaan pelunasan piutang marjin Receipts from settlement of murabahah
murabahah 138,773) 108,239) margin receivables
Pendapatan keuntungan piutang lainnya 3) -) Income from profit other receivables
Pendapatan usaha utama lainnya 64,941) 57,286) Other main operating income
203,717) 165,525)
Pendapatan yang tersedia untuk bagi hasil 5,698,706) 5,332,349) Available income for revenue sharing
Bagi hasil yang menjadi hak Bank 5,212,262) 4,987,694) Bank’s share on revenue sharing
Bagi hasil yang menjadi hak pemilik dana 486,444) 344,655) Fund owners’ share on revenue sharing
Perincian: Details of:
Hak pemilik dana atas bagi hasil yang sudah Fund owners’ share on distributed revenue
didistribusikan 464,493) 325,659) sharing
Hak pemilik dana atas bagi hasil yang belum Fund owners’ share on undistributed revenue
didistribusikan 21,951) 18,996) sharing
486,444) 344,655)
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INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
LAMPIRAN 6 APPENDIX 6
PT BANK BTPN SYARIAH Tbk
ENTITAS INDUK/PARENT ENTITY
LAPORAN SUMBER DAN STATEMENTS OF
PENYALURAN DANA ZAKAT SOURCES AND DISTRIBUTION OF ZAKAT FUNDS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2023 2022
Saldo awal dana zakat -) -) Beginning balance of zakat funds
Sumber dana zakat Sources of zakat funds
Zakat dari bank -) -) Zakat from banks
Zakat dari pihak luar bank -) -) Zakat from non-bank parties
-) -)
Penyaluran dana zakat -) -) Distribution of zakat funds
Kenaikan dana zakat -) -) Increase in zakat funds
Saldo akhir dana zakat -) -) Ending balance of zakat funds
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INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
LAMPIRAN 7 APPENDIX 7
PT BANK BTPN SYARIAH Tbk
ENTITAS INDUK/PARENT ENTITY
LAPORAN SUMBER DAN PENGGUNAAN STATEMENTS OF SOURCES AND USES OF
DANA KEBAJIKAN QARDHUL HASAN FUNDS
TAHUN BERAKHIR 31 DESEMBER 2023 DAN 2022 YEARS ENDED 31 DECEMBER 2023 AND 2022
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2023 2022
Saldo awal dana kebajikan 2,404) 137) Beginning balance of qardhul hasan funds
Sumber dana kebajikan Sources of qardhul hasan funds
Sumbangan/Hibah -) - Donation/Grant
Pendapatan non-halal 1,323) 2,569) Non-halal income
Denda 52) 113) Penalty
Jumlah 1,375) 2,682) Total
Penggunaan dana kebajikan (370) (415) Use of qardhul hasan funds
Penurunan sumber dana kebajikan 1,005) 2,267) Decrease in qardhul hasan funds
Saldo akhir dana kebajikan 3,409) 2,404) Ending balance of qardhul hasan funds
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Consolidat
Statements
e d Financial
of the Parent
Company
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STATEMENTS OF FINANCIAL POSITION
As of 31 December 2023 and 2022
( In m illion R u p iah )
INDIVIDUAL CONSOLIDATED
No. ACCOUNTS 31 Dec 2023 31 Dec 2022 31 Dec 2023 31 Dec 2022
Audited Audited Audited Audited
AS S E T
1. Cash 931,530 1,017,618 1,428,683 1,747,461
2. Placements with Bank Indonesia 17,236,809 30,664,044 18,000,252 31,395,471
3. Placements with other banks 958,732 2,661,799 1,200,387 2,894,654
4. Spot and derivative / forward receivables 1,133,149 1,746,824 1,133,149 1,746,824
5. Securities 8,547,321 11,301,039 17,038,501 18,835,877
6. Securities sold under repurchase agreements (repo) - - - -
7. Claims from securities purchased under resale
- - - -
agreements (reverse repo)
8. Acceptance receivables 3,289,757 3,069,854 3,289,757 3,069,854
9. Loans 145,173,436 134,596,053 145,173,436 134,596,053
10. Sharia financing/receivables - - 11,387,861 11,527,463
11. Equity Investments 1,308,484 1,308,484 102,586 103,473
12. Other financial asset 1,121,451 892,697 1,361,853 1,096,415
13. Impairment on financial assets -/- (3,413,725) (2,816,274) (4,627,641) (3,585,199)
a. Securities (799) (999) (799) (999)
b. Loans and Sharia financing (3,404,131) (2,810,194) (4,618,047) (3,579,119)
c. Others (8,795) (5,081) (8,795) (5,081)
14. Intangible assets 3,096,432 2,880,272 3,541,155 3,237,937
Accumulated amortization of intangible assets -/- (2,278,908) (2,035,262) (2,451,771) (2,161,199)
15. Fixed assets and equipment 3,958,107 4,017,129 5,040,250 5,109,182
Accumulated depreciation on fixed assets and (2,286,537) (2,277,391) (2,992,438) (2,990,677)
equipment -/-
16. Non-productive assets 79,120 10,838 79,120 10,838
a. Abandoned properties 21,099 - 21,099 -
b. Foreclosed assets 58,021 10,838 58,021 10,838
c. Suspense accounts - - - -
d. Interbranch assets - - - -
17. Other assets 2,386,178 2,203,832 2,743,252 2,535,277
T O T AL AS S E T 181,241,336 189,241,556 201,448,392 209,169,704
L IA B IL IT IE S A N D E Q U IT Y
L IA B IL IT IE S
1. Demand deposits 26,604,674 23,738,156 26,628,683 23,765,802
2. Saving deposits 14,470,875 13,454,911 17,558,817 16,396,199
3. T ime deposits 54,980,210 65,624,952 64,011,076 74,704,547
4. Electronic money - - - -
5. Liabilities to Bank Indonesia - - - -
6. Liabilities to other banks 10,818,444 176,227 10,814,638 166,131
7. Spot and derivative / forward liabilities 1,072,104 1,447,736 1,072,104 1,447,736
8. Securities sold under repurchase agreements (repo) - - - -
9. Acceptance liabilities 2,323,633 2,356,828 2,323,633 2,356,828
10. Securities issued 200,569 200,134 200,569 200,134
11. Borrowings 34,283,897 47,925,106 34,283,897 48,025,106
12. Margin deposits - - - -
13. Interbranch liabilities - - - -
14. Other liabilities 2,756,110 2,087,628 3,271,871 2,694,197
15. Minority Interest 2,616,678 2,506,348
T O T A L L IA B IL IT Y 147,510,516 157,011,678 162,781,966 172,263,028
E Q U IT Y
16. Issued and fully paid-in capital 161,136 161,133 161,136 161,133
a. Authorized capital 300,000 300,000 300,000 300,000
b. Unpaid capital -/- (137,018) (137,018) (137,018) (137,018)
c. T reasury stock -/- (1,846) (1,849) (1,846) (1,849)
17. Additional paid-in capital 11,175,667 11,175,197 11,145,923 11,143,883
a. Agio 10,914,866 10,914,396 10,909,389 10,907,349
b. Disagio -/- - - - -
PT Bank BTPN Syariah Tbk | 2023 Annual Report
c. Fund for paid up capital - - - -
d. Others 260,801 260,801 236,534 236,534
18. Other comprehensive income 860,288 841,390 886,452 867,939
a. Profit 953,361 849,140 979,525 875,689
b. Loss -/- (93,073) (7,750) (93,073) (7,750)
19. Reserves 32,596 32,596 32,596 32,596
a. General reserves 32,596 32,596 32,596 32,596
b. Appropriate reserves - - - -
20. Profit/loss 21,501,133 20,019,562 26,440,319 24,701,125
a. Previous years 20,019,562 17,836,586 24,701,125 21,605,424
b. Current year 2,100,711 2,182,976 2,358,334 3,095,701
c. Payable dividend -/- (619,140) - (619,140) -
T O T A L E Q U IT Y A T T R IB U T A B L E T O T H E
O W NE RS O F P ARE NT S 33,730,820 32,229,878 38,666,426 36,906,676
T O T A L E Q U IT Y 33,730,820 32,229,878 38,666,426 36,906,676
T O T A L L IA B IL IT Y A N D E Q U IT Y 181,241,336 189,241,556 201,448,392 209,169,704
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STATEMENTS OF PROFIT LOSS AND OTHER COMPREHENSIVE INCOME
For the years ended on 31 December 2023 and 2022
( In m illion Ru p iah , u n less earn in g p er sh are)
INDIVIDUAL CONSOLIDATED
No. ACCOUNTS 31 Dec 2023 31 Dec 2022 31 Dec 2023 31 Dec 2022
Audited Audited Audited Audited
O P E RAT ING INCO M E AND E X P E NS E S
A. In terest In com e an d E xp en ses
1. Interest Income 13,075,311 10,527,940 18,821,492 15,901,730
2. Interest Expenses (6,285,177) (3,876,891) (6,772,370) (4,221,331)
Net In terest In com e 6,790,134 6,651,049 12,049,122 11,680,399
B. O th er O p eratin g In com e an d E xp en ses
Gain (Loss) from increase (decrease) in fair value of financial
1. (228,961) 218,426 (228,961) 218,426
assets
Gain (Loss) from increase (decrease) in fair value of financial
2. - - - -
liabilities
3. Gain (Loss) from sale of financial assets 58,512 36,246 58,512 36,246
Gain (Loss) from spot and derivative / forward transactions
4. 1,032,561 70,609 1,032,561 70,609
(realised)
5. Gain (Loss) from investment under equity method - - - -
6. Gain (Loss) from foreign exchange translation (152,333) 492,010 (152,333) 495,838
7. Dividend revenue 498,815 332,993 1 1
8. Commissions/provisions/fees and administration 822,113 801,571 823,453 802,923
9. Other income 473,302 1,082,123 532,912 1,142,589
10. Impairment losses on financial assets (1,118,558) (1,651,505) (3,016,675) (2,596,557)
11. Losses related to operational risks (11,771) (1,672) (19,193) (7,620)
12. Personnel expenses (2,395,212) (2,212,191) (3,757,617) (3,405,333)
13. Promotion expenses (268,287) (254,998) (278,020) (260,947)
14. Other expenses (2,919,534) (2,854,445) (3,581,835) (3,518,898)
Net O th er O p eratin g ( E xp en ses) In com e ( 4,209,353) ( 3,940,833) ( 8,587,195) ( 7,022,723)
NE T O P E RAT ING INCO M E ( E X P E NS E S ) 2,580,781 2,710,216 3,461,927 4,657,676
NO N- O P E RAT ING INCO M E AND E X P E NS E S
1. Gain (Loss) from sale of fixed assets and equipments (6,963) (358) (5,370) 3,381
2. Other non-operating income (expenses) 2,785 (1,941) 1,125 (3,738)
NE T NO N O P E RAT ING INCO M E ( E X P E NS E S ) ( 4,178) ( 2,299) ( 4,245) ( 357)
P RO F IT ( L O S S ) F O R T HE CURRE NT P E RIO D BE F O RE
2,576,603 2,707,917 3,457,682 4,657,319
T AX
Income T ax: (475,892) (524,941) (775,198) (1,027,755)
a. Estimated current period tax (515,875) (504,435) (927,343) (1,014,600)
b. Deferred tax income (expenses) 39,983 (20,506) 152,145 (13,155)
NE T P RO F IT ( L O S S ) F O R T HE CURRE NT P E RIO D 2,100,711 2,182,976 2,682,484 3,629,564
M INO RIT Y INT E RE S T P RO F IT ( L O S S ) 324,150 533,863
O T HE R CO M P RE HE NS IV E INCO M E
1. Item s th at are n ot b ein g reclassified to P rofit L oss 8,344 ( 33,618) 7,714 ( 29,023)
a. Gain from fixed assets revaluation 79,772 - 79,772 -
b. Gain (Loss) from remeasurement benefecial pension program (71,428) (33,618) (72,058) (29,023)
c. Others - - - -
2. Item s th at are b ein g reclassified to P rofit L oss 10,554 ( 125,554) 10,634 ( 125,579)
a. Gain (Loss) from adjustment in foreign exchange translation - - - -
b. Gain (Loss) from changes in the fair value of financial asset on
liability instrument which measured by fair value from other
comprehensive income 10,554 (125,554) 10,634 (125,579)
c. Others - - - -
O T HE R CO M P RE HE NS IV E INCO M E F O R T HE
18,898 ( 159,172) 18,348 ( 154,602)
CURRE NT P E RIO D - AF T E R O F T AX
T O T AL CURRE NT CO M P RE HE NS IV E P RO F IT
2,119,609 2,023,804 2,700,832 3,474,962
PT Bank BTPN Syariah Tbk | 2023 Annual Report
(LOS S )
Net in com e of th e cu rren t p eriod attrib u tab le to:
- Owners of T he Parent 2,100,711 2,182,976 2,358,334 3,095,701
- Non Controlling Interest 324,150 533,863
NET PROFIT (LOSS) FOR T HE CURRENT PERIOD 2,100,711 2,182,976 2,682,484 3,629,564
T otal cu rren t com p reh en sive P rofit ( L oss) attrib u tab le
to :
- Owners of T he Parent 2,119,609 2,023,804 2,376,847 2,939,728
- Non Controlling Interest 323,985 535,234
T OT AL CURRENT COMPREHENSIVE PROFIT (LOSS) 2,119,609 2,023,804 2,700,832 3,474,962
P RO F IT ( L O S S ) T RANS F E RRE D T O HE AD O F F ICE - - - -
DIV IDE N D 619,140 - 619,140 -
E ARNING P E R S HARE ( F u ll am ou n t)
- Basic 261 271 293 384
- Diluted 261 271 293 384
588
Page 591
STATEMENTS OF COMMITMENT AND CONTIGENCIES
As of 31 December 2023 and 2022
( In million Rupiah)
INDIVIDUAL CONSOLIDATED
No. ACCOUNTS 31 Dec 2023 31 Dec 2022 31 Dec 2023 31 Dec 2022
Audited Audited Audited Audited
I. CO M M IT M E NT RE CE IV ABLE S 80,982,245 53,122,010 80,982,245 53,122,010
1. Unused borrowing facilities 40,326,914 20,661,055 40,326,914 20,661,055
2. Outstanding spot and derivative /
40,655,331 32,460,955 40,655,331 32,460,955
forward purchased
3. Others - - - -
II. CO M M IT M E NT LIABILIT IE S 156,823,356 144,508,014 156,823,356 144,528,046
1. Unused loans facilities 115,779,514 111,511,492 115,779,514 111,531,524
a. Committed 10,870,217 13,315,311 10,870,217 13,315,311
b. Uncommitted 104,909,297 98,196,181 104,909,297 98,216,213
2. Outstanding irrevocable L/C 721,016 961,523 721,016 961,523
3. Outstanding spot and derivative /
forward sold 40,322,826 32,034,999 40,322,826 32,034,999
4. Others - - - -
III. CO NT ING E NT RE CE IV ABLE S 30,270,312 31,249,359 30,315,051 31,291,695
1. Guarantees received 30,270,312 31,249,359 30,270,312 31,249,359
2. Others - - 44,739 42,336
IV . CO NT ING E NT LIABILIT IE S 5,455,734 5,608,120 5,455,734 5,608,120
1. Guarantees issued 5,455,734 5,608,120 5,455,734 5,608,120
2. Others - - - -
PT Bank BTPN Syariah Tbk | 2023 Annual Report
589
Page 592
PT Bank BTPN Syariah Tbk | 2023 Annual Report
590
219
Page 593
PT Bank BTPN Syariah Tbk | 2023 Annual Report
591
220
Page 594
SEOJK REFERENCE
Cross Reference to Financial Services Authority Circular Letter No. 16/SEOJK.04/2021
Notes on the Content of Annual Report Page
1. The Annual Report contains at least information regarding:
a. overview of important financial data; 20-23
b. stock information (if any); 24-35
c. Board of Directors' report; 49-54
d. Board of Commissioners' report; 43-47
e. profile of Issuer or Public Company; 61-113
f. management discussion and analysis; 115-213
g. governance of the Issuer or Public Company; 223-453
217-221, 436-
h. social and environmental responsibility of Issuers or Public Companies;
453
i. audited annual financial reports; and 466-577
Statement letter from members of the Board of Directors and members of the Board of
j. 58-59
Commissioners regarding their responsibilities for the Annual Report.
2. Description of the Contents of the Annual Report
Summary of Important Financial Data. Summary of Important Financial Data contains
financial information presented in comparative form for 3 (three) financial years or since
a
starting their business if the Issuer or Public Company has been running its business activities
for less than 3 (three) years, at least contains:
1) income/sales; 20
2) gross profit; 20
3) profit (loss); 20
total profit (loss) attributable to owners of the parent entity and non-controlling
4) 20
interests;
5) total comprehensive profit (loss). 20
total comprehensive profit (loss) attributable to owners of the parent entity and non-
6) 20
controlling interests;
7) profit (loss) per share; 20
8) total assets; 20
9) total liabilities; 20
10) total equity; 20
11) ratio of profit (loss) to total assets; 22
12) ratio of profit (loss) to equity; 22
PT Bank BTPN Syariah Tbk | 2023 Annual Report
13) ratio of profit (loss) to income/sales; 22
14) current ratio; N/A
15) liabilities to equity ratio; 22
16) ratio of liabilities to total assets; and 22
information and other financial ratios that are relevant to the Issuer or Public Company
17) 23
and the type of industry.
b. Stock Information
Stock information for Public Companies at least contains:
shares that have been issued for each quarter period presented in comparative form for
1)
the last 2 (two) financial years, at least include:
592
Page 595
financial statements
Cross Reference to Financial Services Authority Circular Letter No. 16/SEOJK.04/2021
Notes on the Content of Annual Report Page
(a) the number of shares outstanding; 26-27
(b) market capitalization based on the price on the Stock Exchange where the shares are
30-31
listed;
(c) the highest, lowest and closing share prices are based on the price on the Stock
30-31
Exchange where the shares are listed; and
(d) trading volume on the Stock Exchange where the shares are listed;
Information in letters b), c), and d) is only disclosed if the shares are listed on the Stock 30-31
Exchange;
in the event of a corporate action, such as a stock split, reverse stock, stock dividends,
bonus shares, changes in the nominal value of shares, issuance of convertible securities,
2)
as well as additions and reductions in capital, share information as referred to in number
1) added at least an explanation regarding:
(a) the date of implementation of the corporate action; 29
(b) ratios of stock splits, reverse stock ratios, stock dividends, bonus shares, and changes
29
in the nominal value of shares;
(c) the number of outstanding shares before and after the corporate action; 29
(d) the number of effect conversions executed (if any); and N/A
(e) stock prices before and after corporate actions; 29
in the event of a temporary suspension of share trading (suspension) and/or delisting of
shares during the financial year, the Issuer or Public Company explains the reasons for the
3) 29
temporary suspension of share trading (suspension) and/or delisting of shares (delisting);
and
in the event that the temporary suspension of share trading (suspension) and/or delisting
of shares as referred to in number 3) is still ongoing until the end of the Annual Report
4) 29
period, the Issuer or Public Company shall explain the actions taken to resolve the
temporary suspension of share trading (suspension). ) and/or delisting of said shares;
c. Board of Directors' Report
The Board of Directors' report contains at least a brief description of:
1) the performance of the Issuer or Public Company, at least includes:
(a) Issuer's or Public Company's strategy and strategic policies; 49-50
(b) the role of the Board of Directors in formulating the strategy and strategic policies of
49-50
the Issuer or Public Company;
(c) the process carried out by the Board of Directors to ensure the implementation of the
49-50
Issuer's or Public Company's strategy;
(d) a comparison between the results achieved and those targeted by the Issuer or Public
50-51
Company; and
(e) constraints faced by Issuers or Public Companies; 49
2) description of business prospects; 53-54
3) implementation of Issuer or Public Company governance. 53
d. Report of the Board of Commissioners
The Board of Commissioners' report contains at least a brief description of:
assessment of the Board of Directors' performance regarding the management of the
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Issuer or Public Company, including oversight by the Board of Commissioners in the
1) 44-45
formulation and implementation of the Issuer's or Public Company's strategy carried out
by the Board of Directors;
593
Page 596
Cross Reference to Financial Services Authority Circular Letter No. 16/SEOJK.04/2021
Notes on the Content of Annual Report Page
views on the business prospects of the Issuer or Public Company compiled by the Board
2) 46
of Directors; And
3) views on the implementation of the Issuer's or Public Company's governance. 45-46
e. Profile of Issuer or Public Company
Profile of Issuer or Public Company at least contains:
name of Issuer or Public Company including if there is a change of name, reasons for the
1) 63
change, and the effective date of the name change in the financial year;
access to Issuers or Public Companies including branch offices or representative offices
2) that enable the public to obtain information about Issuers or Public Companies,
including:
(a) address; 63
(b) phone number; 63
(c) e-mail address; and 63
66, 69, 112,
(d) Website address;
424
3) a brief history of the Issuer or Public Company; 68
the vision and mission of the Issuer or Public Company and corporate culture or
4) 70-71
corporate values;
business activities according to the latest articles of association, business activities 63,
5)
carried out in the financial year, and types of goods and/or services produced; 458-459
the operational area of the Issuer or Public Company; operational area is the area or
6) area of implementing
operational activities or the scope of the company's operational 460-463
activities;
organizational structure of the Issuer or Public Company in a form of chart, at least up
to 1 (one) level below the Board of Directors including committees under the Board of
7) 74-75
Directors (if any) and committees under the Board of Commissioners, accompanied by
names and positions;
list of membership of industry associations both on a national and international scale
8) 110-111
related to the implementation of sustainable finance;
9) profile of the Board of Directors, at least contains:
(a) name and position in accordance with duties and responsibilities; 84-88
(b) recent photograph; 84-88
(c) age; 84-88
(d) nationality; 84-88
(e) history of education and/or certification; 84-88
(f) history of position, including information on:
(1) legal basis for appointment as a member of the Board of Directors of the Issuer or
84-88
Public Company concerned;
(2) concurrent positions, both as members of the Board of Directors, members of the
Board of Commissioners, and/or committee members as well as other positions both
84-88
inside and outside the Issuer or Public Company. In the event that members of the
Board of Directors do not have concurrent positions, then this is disclosed; and
PT Bank BTPN Syariah Tbk | 2023 Annual Report
(3) work experience and time period both inside and outside the Issuer or Public
84-88
Company;
(g) affiliation with other members of the Board of Directors, members of the Board of
Commissioners, major and controlling shareholders, either directly or indirectly to individual
84-88
owners, including names of affiliated parties. In the event that members of the Board of
Directors have no affiliation, then the Issuer or Public Company shall disclose this matter; and
594
Page 597
financial statements
Cross Reference to Financial Services Authority Circular Letter No. 16/SEOJK.04/2021
Notes on the Content of Annual Report Page
(h) changes in the composition of members of the Board of Directors and reasons for the
changes. In the event that there is no change in the composition of the members of the 106-107, 356
Board of Directors, then this matter shall be disclosed;
10) profile of the Board of Commissioners, at least contains:
(a) name and title; 78-81
(b) recent photograph; 78-81
(c) age; 78-81
(d) nationality; 78-81
(e) educational background and/or certification; 78-81
(f) history of position, including information on: 78-81
(1) the legal basis for appointment as a member of the Board of Commissioners
(2) the legal basis for the first appointment as a member of the Board of
Commissioners who is an Independent Commissioner of the Issuer or Public Company
concerned;
(3) concurrent positions, both as members of the Board of Commissioners, members
of the Board of Directors, and/or committee members as well as other positions both
inside and outside the Issuer or Public Company. In the event that members of the
Board of Commissioners do not have concurrent positions, then this is disclosed; And
(4) work experience and time period both inside and outside the Issuer or Public
Company;
(g) Affiliate relationships with other members of the Board of Commissioners, major
shareholders and controllers, either directly or indirectly to individual owners, including
78-81
names of affiliated parties; In the event that members of the Board of Commissioners
have no affiliation, the Issuer or Public Company shall disclose this matter;
(h) statement of independence of the Independent Commissioner if the Independent
298
Commissioner has served more than 2 (two) terms; And
(i) changes in the composition of the members of the Board of Commissioners and the
reasons for the changes. In the event that there is no change in the composition of the 106-107, 297
members of the Board of Commissioners, then this matter shall be disclosed;
in the event that there is a change in the composition of the members of the Board of
Directors and/or members of the Board of Commissioners that occurs after the end of
297-298
11) the financial year until the deadline for submission of the Annual Report, the composition
356-357
included in the Annual Report is the last and previous composition of the members of the
Board of Directors and/or the Board of Commissioners;
number of employees according to gender, position, age, educational level, and
12) 137
employment status (permanent/contract) in the financial year;
13) Disclosure of information can be presented in tabular form.
(a) shareholders who own 5% (five percent) or more shares of the Issuer or Public
102
Company;
(b) members of the Board of Directors and members of the Board of Commissioners
who own shares of Issuers or Public Companies. In the event that all members of the
104
Board of Directors and/or all members of the Board of Commissioners do not own
shares, this matter shall be disclosed; and
PT Bank BTPN Syariah Tbk | 2023 Annual Report
(c) groups of public shareholders, namely groups of shareholders who each own less than
5% (five percent) of the shares of the Issuer or Public Company; 99
The above information can be presented in tabular form.
595
Page 598
Cross Reference to Financial Services Authority Circular Letter No. 16/SEOJK.04/2021
Notes on the Content of Annual Report Page
the percentage of indirect ownership of shares of Issuers or Public Companies by
members of the Board of Directors and members of the Board of Commissioners at the
beginning and end of the financial year, including information regarding shareholders
who are registered in the register of shareholders for the benefit of indirect ownership
14) 104
by members of the Board of Directors and members of the Board of Commissioners; In
the event that all members of the Board of Directors and/or all members of the Board
of Commissioners do not have indirect ownership of the shares of the Issuer or Public
Company, then this matter shall be disclosed.
number of shareholders and percentage of ownership at the end of the financial year
15)
based on classification:
(a) ownership of local institutions; 103
(b) ownership of foreign institutions; 103
(c) local individual ownership; And 103
(d) foreign individual ownership; 103
information regarding the major and controlling shareholders of the Issuer or Public
16) Company, either directly or indirectly, up to the individual owners, presented in the form 100-101
of a schematic or chart;
names of subsidiaries, associated companies, joint venture companies where the Issuer or
Public Company has joint control (if any), along with the percentage of share ownership,
17) line of business, total assets, and operating status of subsidiaries, associated companies, 68-69
joint venture companies; For subsidiaries, information regarding the address of the
subsidiary is added.
chronology of share listing, number of shares, nominal value, and offering price from
the beginning of listing to the end of the financial year as well as the name of the Stock
Exchange where the Issuer's or Public Company's shares are listed, including stock
18) 24-25
splits, reverse stocks, dividends shares, bonus shares, and changes in the nominal value
of shares, implementation of conversion effects, implementation of additions and
reductions in capital (if any);
information on the listing of securities other than securities as referred to in number 18),
which are not yet due in the financial year, at least contains the name of the securities,
19) 24-25
year of issuance, interest/yield rate, maturity date, offering value, and rating of the
securities (if There is);
information on the use of the services of a public accountant (AP) and a public
20)
accounting firm (KAP) and their network/association/alliance includes:
(a) name and address; 109,411
(b) assignment period; 109,411
(c) information on audit and/or non-audit services provided; 109,411
(d) audit and/or non-audit fee for each assignment given during the financial year; And 109,411
(e) in the event that the designated AP and KAP and their network/association/alliance
do not provide non-audit services, then the information shall be disclosed; And
413
Disclosure of information on the use of AP and KAP services and their networks/
associations/alliances can be presented in tabular form.
Name and address of capital market supporting institutions and/or professions other
21) 109
than AP and KAP.
f. Management Discussion and Analysis
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Management analysis and discussion contains analysis and discussion of financial reports and
other important information with an emphasis on material changes that occurred during the
financial year, which at least contain:
Operational review per operating segment according to the type of industry of the Issuer
1)
or Public Company, at least concerning:
(a) production, which includes its process, capacity and development; 126-131
(b) revenue/sales; And 120-121
(c) profitability; 120-121
Comprehensive financial performance which includes a comparison of financial
2) performance in the last 2 (two) financial years, an explanation of the causes of the
changes and the impact of these changes, at least concerning:
596
Page 599
financial statements
Cross Reference to Financial Services Authority Circular Letter No. 16/SEOJK.04/2021
Notes on the Content of Annual Report Page
(a) current assets, non-current assets and total assets; 120
(b) short-term liabilities, long-term liabilities and total liabilities; 120
(c) equity; 121
(d) income/sales, expenses, profit (loss), other comprehensive income, and total
121
comprehensive profit (loss); And
(e) cash flow; 121
3) Ability to pay debts or obligations by presenting the calculation of the relevant ratio; 122
The collectibility level of the Issuer's or Public Company's receivables by presenting the
4) 122
calculation of the relevant ratio;
The capital structure and management policies on the capital structure are accompanied
5) 122
by the basis for determining the said policies;
Discussion regarding material commitments for investment in capital goods with
6)
explanations covering at least:
(a) the purpose of the bond; 123
(b) the expected source of funds to fulfill the said commitment; 123
(c) the currency in which it is denominated; And 123
(d) steps planned by the Issuer or Public Company to protect against risks from the
123
related foreign currency position;
Discussion on investment in capital goods realized in the last financial year, at least
7)
includes:
(a) type of investment in capital goods; 123
(b) the purpose of investing in capital goods; And 123
(c) the investment value of capital goods issued; 123
Information and material facts that occurred after the date of the accountant's report
8) 123
(if any);
The business prospects of the Issuer or Public Company are related to the conditions of
9) the industry, general economy and the international market accompanied by quantitative 124
supporting data from credible data sources;
Comparison between targets/projections at the beginning of the financial year with the
10)
results achieved (realization), regarding:
(a) revenue/sales; 123
(b) profit (loss); 123
(c) capital structure; or 123
(d) other matters deemed important by the Issuer or Public Company; 123
Targets/projections to be achieved by Issuers or Public Companies for the next 1 (one)
11)
year, regarding:
(a) revenue/sales; 124-125
(b) profit (loss); 124-125
(c) capital structure; 124-125
PT Bank BTPN Syariah Tbk | 2023 Annual Report
(d) dividend policy; or 124-125
(e) other matters deemed important by the Issuer or Public Company; 124-125
Marketing aspects of Issuer's or Public Company's goods and/or services, at least
12) 131
concerning marketing strategy and market share;
13) Description of dividends for the last 2 (two) financial years (if any), at least:
(a) dividend policy, including information on the percentage of the amount of dividends
107-108
distributed to net income;
597
Page 600
Cross Reference to Financial Services Authority Circular Letter No. 16/SEOJK.04/2021
Notes on the Content of Annual Report Page
(b) cash dividend payment date and/or non-cash dividend distribution date; 108
(c) the amount of dividends per share (cash and/or non-cash); And 108
(d) the amount of annual dividends paid; 108
Disclosure of information can be presented in tabular form. In the event that the Issuer
or Public Company has not distributed dividends in the last 2 (two) years, this will be
disclosed.
14) Realization of the use of proceeds from the Public Offering, provided that:
(a) in the event that during the financial year, the Issuer has an obligation to submit a
report on the realization of the use of funds, then the cumulative realization of the use of 123
proceeds from the Public Offering is disclosed up to the end of the financial year; And
(b) in the event that there is a change in the use of funds as stipulated in the Financial
Services Authority Regulation concerning Realization Reports on the Use of Proceeds 123
from a Public Offering, the Issuer shall explain the change;
material information (if any), including but not limited to investments, expansions,
divestitures, business mergers/consolidations, acquisitions, debt/capital restructuring,
15)
material transactions, Affiliate transactions, and conflict of interest transactions, which
occurred in the financial year, including among other things :
(a) the date, value and object of the transaction; 420
(b) the name of the party making the transaction; 420
(c) the nature of the affiliate relationship (if any); 420
(d) an explanation regarding the fairness of the transaction; 420
(e) fulfillment of related provisions; and 420
(f) in the event that there is an affiliation relationship, apart from disclosing the
information referred to in point a) through point e), the Issuer or Public Company also
discloses information:
(1) a statement from the Board of Directors that the affiliated transaction has gone
through adequate procedures to ensure that the affiliated transaction is carried out
N/A
in accordance with generally accepted business practices, among others carried out by
fulfilling the arm's length principle; And
(2) the role of the Board of Commissioners and the audit committee in carrying
out adequate procedures to ensure that affiliated transactions are carried out in
N/A
accordance with generally accepted business practices, among others carried out by
fulfilling the arm's length principle;
(g) for affiliate transactions or material transactions which are business activities carried
out in order to generate business income and are carried out routinely, repeatedly and/
or continuously, an explanation is added that the affiliated transactions or material
transactions are business activities carried out in order to generate income business and
N/A
carried out routinely, repeatedly, and/or continuously;
In the case of affiliated transactions or material transactions referred to have been
disclosed in the annual financial statements, information is added regarding references
to disclosure in the said annual financial statements.
(h) for disclosure of affiliated transactions and/or conflict of interest transactions
which are the result of the implementation of affiliated transactions and/or conflict of
interest transactions that have been approved by independent shareholders, information N/A
regarding the date of the GMS that approves the affiliated transactions and/or conflict
PT Bank BTPN Syariah Tbk | 2023 Annual Report
of interest transactions is added;
(i) in the event that there are no affiliated transactions and/or conflict of interest
N/A
transactions, then disclose this matter;
changes in the provisions of laws and regulations that have a significant effect on the
16) 124
Issuer or Public Company and the impact on the financial statements (if any); And
changes in accounting policies, reasons and their impact on the financial statements (if
17) 124
any);
g. Governance of Issuers or Public Companies
The governance of the Issuer or Public Company contains at least a brief description of:
1) GMS, at least contains:
598
Page 601
financial statements
Cross Reference to Financial Services Authority Circular Letter No. 16/SEOJK.04/2021
Notes on the Content of Annual Report Page
(a) Information regarding GMS resolutions in the financial year and 1 (one) year before
the financial year includes:
(1) GMS resolutions in the financial year and 1 (one) year prior to the financial year
278-282
realized in the financial year; And
(2) GMS decisions in the financial year and 1 (one) year prior to the financial year that
N/A
have not been realized and the reasons for not being realized;
(b) in the event that an Issuer or Public Company uses an independent party in the
276
implementation of the GMS to count the votes, then this matter shall be disclosed;
2) Board of Directors, at least contains:
(a) the duties and responsibilities of each member of the Board of Directors; Information
regarding the duties and responsibilities of each member of the Board of Directors is 353-354
described and can be presented in tabular form.
(b) a statement that the Board of Directors has guidelines or charter of the Board of
353
Directors;
(c) policies and implementation of the frequency of meetings of the Board of Directors,
meetings of the Board of Directors with the Board of Commissioners, and the level
361-364
of attendance of members of the Board of Directors at these meetings including
attendance at the GMS;
(d) training and/or competency improvement for members of the Board of Directors:
(1) policy on training and/or competency improvement for members of the Board
of Directors, including an orientation program for newly appointed members of the 361
Board of Directors (if any); And
(2) training and/or competency improvement attended by members of the Board of
377
Directors in the financial year (if any);
(e) the Board of Directors' assessment of the performance of the committees that
support the implementation of the duties of the Board of Directors in the financial year
contains at least:
(1) performance appraisal procedures; And 369
(2) the criteria used are performance achievements during the financial year,
364
competence and attendance at meetings; And
(f) in the event that the Issuer or Public Company does not have a committee that
supports the implementation of the duties of the Board of Directors, this will be N/A
disclosed.
3) Board of Commissioners, at least contains:
(a) the duties and responsibilities of the Board of Commissioners; 293-295
(b) a statement that the Board of Commissioners has guidelines or charter of the Board
293
of Commissioners;
(c) policies and implementation of the frequency of meetings of the Board of
Commissioners, meetings of the Board of Commissioners with the Board of Directors,
304-307
and the level of attendance of members of the Board of Commissioners at these
meetings including attendance at the GMS;
(d) training and/or competency improvement for members of the Board of
Commissioners:
(1) policy on training and/or competency improvement for members of the Board of
PT Bank BTPN Syariah Tbk | 2023 Annual Report
Commissioners, including an orientation program for newly appointed members of the 304
Board of Commissioners (if any); and
(2) training and/or competency improvement attended by members of the Board of
377
Commissioners in the financial year (if any);
599
Page 602
Cross Reference to Financial Services Authority Circular Letter No. 16/SEOJK.04/2021
Notes on the Content of Annual Report Page
(e) assessment of the performance of the Board of Directors and the Board of
Commissioners as well as each member of the Board of Directors and members of the
Board of Commissioners, at least contains:
(1) performance appraisal implementation procedures; 309, 368
(2) the criteria used are performance achievements during the financial year,
309, 368
competence and attendance at meetings; And
(3) the party making the assessment; and 309, 368
(f) the Board of Commissioners' assessment of the performance of the committees that
support the implementation of the duties of the Board of Commissioners in the financial
year includes:
(1) performance appraisal procedures; and 309
(2) the criteria used are performance achievements during the financial year,
307
competence and attendance at meetings;
Nomination and remuneration for the Board of Directors and Board of Commissioners,
4)
at least contains:
(a) the nomination procedure, including a brief description of the policy and nomination
process for members of the Board of Directors and/or members of the Board of 376
Commissioners; And
(b) procedures and implementation of remuneration for the Board of Directors and
Board of Commissioners, including:
(1) procedures for determining remuneration for the Board of Directors and Board of
347-348
Commissioners;
(2) remuneration structure for the Board of Directors and Board of Commissioners,
349-350
such as salaries, allowances, tantiem/bonuses and others; and
(3) the amount of remuneration for each member of the Board of Directors and
N/A
members of the Board of Commissioners;
Disclosure of information can be presented in tabular form.
Sharia Supervisory Board, for Issuers or Public Companies that carry out business
5) activities based on sharia principles as stated in the articles of association, at least
contains:
(a) name; 89, 318
(b) the legal basis for the appointment of the Sharia Supervisory Board; 317
(c) the assignment period of the Sharia Supervisory Board; 320
(d) duties and responsibilities of the Sharia Supervisory Board; And 317
(e) the frequency and method of providing advice and suggestions as well as supervising
322-325
the fulfillment of Sharia Principles in the Capital Market to Issuers or Public Companies;
6) Audit Committee, at least contains:
(a) name and position in the membership of the committee; 92, 330
(b) age; 79, 93-94
(c) nationality; 79, 93-94
PT Bank BTPN Syariah Tbk | 2023 Annual Report
(d) educational history; 79, 93-94
(e) position history, including information on:
(1) the legal basis for appointment as a member of the committee; 330
(2) concurrent positions, both as members of the Board of Commissioners, members
of the Board of Directors, and/or committee members and other positions (if any); 79, 93-94
And
(3) work experience and time period both inside and outside the Issuer or Public
79,93-94
Company;
(f) the period and tenure of the members of the Audit Committee; 331
(g) statement of independence of the Audit Committee; 327
(h) training and/or competency improvement that has been attended in the financial
377
year (if any);
600
Page 603
financial statements
Cross Reference to Financial Services Authority Circular Letter No. 16/SEOJK.04/2021
Notes on the Content of Annual Report Page
(i) the policy and implementation of the frequency of meetings of the Audit Committee
331
and the level of attendance of members of the Audit Committee in these meetings; And
(j) the implementation of the activities of the Audit Committee in the financial year
332
according to what is stated in the Audit Committee guidelines or charter;
Issuer or Public Company nomination and remuneration committee or function, at least
7)
contains:
(a) name and position in the membership of the committee; 92, 335
(b) age; 78-81, 96
(c) nationality; 78-81, 96
(d) educational history; 78-81, 96
(e) position history, including information on:
(1) the legal basis for appointment as a member of the committee; 333
(2) concurrent positions, both as members of the Board of Commissioners, members
of the Board of Directors, and/or committee members and other positions (if any); 78-81, 96
And
(3) work experience and time period both inside and outside the Issuer or Public
78-81, 96
Company;
(f) period and tenure of committee members; 336
(g) statement of committee independence; 333-334
(h) training and/or competency improvement that has been attended in the financial
377
year (if any);
(i) description of duties and responsibilities; 334
(j) a statement that the committee has guidelines or charters; 333
(k) policies and implementation regarding the frequency of committee meetings and the
336-343
level of attendance of committee members at those meetings;
(l) a brief description of the committee's activities in the financial year; And 337-338
(m) in the event that a nomination and remuneration committee is not formed, it is
sufficient for the Issuer or Public Company to disclose the information referred to in N/A
letter i) to letter l) and disclose:
(1) reasons for not forming a committee; And N/A
(2) parties carrying out nomination and remuneration functions; N/A
Other committees owned by Issuers or Public Companies in order to support the
8) functions and duties of the Board of Directors (if any) and/or committees that support
the functions and duties of the Board of Commissioners, contain at least:
(a) name and position in the membership of the committee; 338
78-81,
(b) age; 93-94
96,98
78-81,
PT Bank BTPN Syariah Tbk | 2023 Annual Report
(c) nationality; 93-94
96,98
78-81,
(d) educational history; 93-94
96,98
(e) position history, including information on:
(1) the legal basis for appointment as a member of the committee; 338
(2) concurrent positions, both as members of the Board of Commissioners, members 78-81,
of the Board of Directors, and/or committee members and other positions (if any); 93-94
And 96,98
78-81,
(3) work experience and time period both inside and outside the Issuer or Public
93-94
Company;
96,98
601
Page 604
Cross Reference to Financial Services Authority Circular Letter No. 16/SEOJK.04/2021
Notes on the Content of Annual Report Page
(f) period and tenure of committee members; 340-341
(g) statement of committee independence; 338
(h) training and/or competency improvement that has been attended in the financial
377
year (if any); And
(i) description of duties and responsibilities; 339
(j) a statement that the committee has guidelines or charters; 338
(k) the policy and implementation of the frequency of committee meetings and the level
341-343
of attendance of committee members at these meetings; and
(l) a brief description of the committee's activities in the financial year; 341-342
9) Corporate Secretary, at least contains:
(a) name; 390
(b) domicile; 390
(c) history of position, including information on:
(1) legal basis for appointment as Corporate Secretary; And 390
(2) work experience and time period both inside and outside the Issuer or Public
390
Company;
(d) educational history; 390
(e) training and/or competency improvement that has been attended in the financial
394
year; And
(f) a brief description of the implementation of the duties of the Corporate Secretary in
391-393
the financial year;
10) Internal Audit Unit, at least contains:
(a) the name of the head of the Internal Audit Unit; 406
(b) history of position, including information on:
(1) legal basis for appointment as head of the Internal Audit Unit; And 406
(2) work experience and time period both inside and outside the Issuer or Public
406
Company;
(c) qualification or certification as an internal audit profession (if any); 406
(d) training and/or competency improvement attended in the financial year; 407-408
(e) the structure and position of the Internal Audit Unit; 405
(f) description of duties and responsibilities; 407
(g) statement that it has guidelines or charter for the Internal Audit Unit; And 405
(h) a brief description of the implementation of the duties of the Internal Audit Unit in
the fiscal year including policies and implementation of the frequency of meetings with 410
the Board of Directors, Board of Commissioners and/or the audit committee;
Description of the internal control system implemented by the Issuer or Public Company,
11)
at least concerning:
(a) financial and operational control, as well as compliance with other laws and
414
regulations; And
PT Bank BTPN Syariah Tbk | 2023 Annual Report
(b) review of the effectiveness of the internal control system; 414
(c) statement of the Board of Directors and/or Board of Commissioners regarding the
414
adequacy of the internal control system;
The risk management system implemented by Issuers or Public Companies, at least
12)
regarding:
(a) an overview of the Issuer's or Public Company's risk management system; 142-144
(b) types of risks and how to manage them; 146-209
(c) review of the effectiveness of the Issuer's or Public Company's risk management
142-145
system; And
602
Page 605
financial statements
Cross Reference to Financial Services Authority Circular Letter No. 16/SEOJK.04/2021
Notes on the Content of Annual Report Page
(d) a statement from the Board of Directors and/or Board of Commissioners or the audit
53
committee regarding the adequacy of the risk management system;
Legal cases with a material impact faced by Issuers or Public Companies, subsidiaries,
13) members of the Board of Directors and members of the Board of Commissioners (if
any), contain at least:
(a) main case/lawsuit; 423
(b) case/lawsuit settlement status; And 423
(c) the impact on the condition of the Issuer or Public Company; 423
Information on administrative sanctions / imposed on Issuers or Public Companies,
14) members of the Board of Commissioners and Directors, by the Financial Services 423
Authority and other authorities in the financial year (if any);
15) Information regarding the code of ethics of Issuers or Public Companies includes:
(a) the main points of the code of ethics; 425-426
(b) forms of dissemination of the code of ethics and efforts to enforce them; And 426
(c) a statement that the code of ethics applies to members of the Board of Directors,
426
members of the Board of Commissioners and employees of Issuers or Public Companies;
A brief description of the policy of providing performance-based long-term compensation
to management and/or employees owned by Issuers or Public Companies (if any),
including among others in the form of management stock ownership program (MSOP)
and/or programs share ownership by employees (employee stock ownership program/
16) 350-351
ESOP);
In the case of providing compensation in the form of a management stock ownership
program (MSOP) and/or an employee stock ownership program (ESOP), the information
disclosed shall contain at least:
(a) number of shares and/or options; N/A
(b) implementation period; N/A
(c) requirements of eligible employees and/or management; And N/A
(d) exercise price or determination of exercise price N/A
17) Brief description of the information disclosure policy regarding:
(a) share ownership of members of the Board of Directors and members of the Board of
Commissioners no later than 3 (three) working days after the occurrence of ownership or 427
any change in ownership of shares in the Public Company; And
(b) implementation of the said policy; 427
Description of the whistleblowing system at the Issuer or Public Company, at least
18)
contains:
(a) how to submit reports of violations; 428
(b) protection for reporters; 428
(c) complaint handling; 429
(d) the party managing the complaint; and 429
(e) the results of handling complaints, at least include:
PT Bank BTPN Syariah Tbk | 2023 Annual Report
(1) the number of complaints received and processed in the financial year; and 429
(2) follow-up of complaints; 429
In the event that an Issuer or Public Company does not have a whistleblowing system,
N/A
then this should be disclosed.
19) Description of the Issuer's or Public Company's anti-corruption policy, at least contains:
(a) programs and procedures implemented to address corruption, kickbacks, fraud,
421
bribery and/or gratuities in Issuers or Public Companies; And
(b) anti-corruption training/socialization for employees of Issuers or Public Companies; 421
If the Issuer or Public Company does not have an anti-corruption policy, the reasons for
N/A
not having such a policy will be explained.
603
Page 606
Cross Reference to Financial Services Authority Circular Letter No. 16/SEOJK.04/2021
Notes on the Content of Annual Report Page
Implementation of Public Company Governance Guidelines for Issuers that issue Equity-
20)
Type Securities or Public Companies, includes:
(a) a statement regarding the recommendations that have been implemented; and/or 263-269
(b) an explanation of recommendations that have not been implemented, accompanied
263-269
by reasons and alternatives for implementation (if any);
Disclosure of information can be presented in tabular form.
h. Social and Environmental Responsibility of Issuers or Public Companies
217-220,
The information disclosed in the social and environmental responsibility section is a 436-453,
Sustainability Report as referred to in the Financial Services Authority Regulation *more details
1)
Number 51/POJK.03/2017 concerning the Implementation of Sustainable Finance for are in the
Financial Services Institutions, Issuers and Public Companies, at most bit loading: sustainability
report
(a) explanation of the sustainability strategy;
(b) an overview of sustainability aspects (economic, social and environmental);
(c) a brief profile of the Issuer or Public Company;
(d) explanation of the Board of Directors;
(e) sustainability governance;
(f) sustainability performance;
(g) written verification from an independent party, if any;
(h) feedback sheet for readers, if any; And
(i) the Issuer's or Public Company's response to feedback on the previous year's report;
The Sustainability Report as referred to in number 1), must be prepared in accordance
with the Technical Guidelines for Preparing Sustainability Reports for Issuers and Public
2)
Companies as listed in Appendix II which is an integral part of this Financial Services
Authority Circular Letter;
3) Sustainability Report information (Sustainability Report) in number 1) can:
(a) disclosed in other relevant sections outside the social and environmental responsibility
section, such as the Directors' explanation regarding the Sustainability Report disclosed
in the related section of the Directors' Report; and/or
(b) refers to other sections outside the section on social and environmental responsibility
while still referring to on Technical Guidelines for Preparing Sustainability Reports for
Issuers
The Sustainability Report as referred to in number 1) is an integral part of the Annual
4)
Report but can be presented separately from the Annual Report;
If the Sustainability Report is presented separately from the Annual Report, the
5)
information disclosed in the Sustainability Report must:
(a) contains all the information referred to in number 1); And
PT Bank BTPN Syariah Tbk | 2023 Annual Report
604
Page 607
financial statements
Cross Reference to Financial Services Authority Circular Letter No. 16/SEOJK.04/2021
Notes on the Content of Annual Report Page
(b) prepared in accordance with the Technical Guidelines for Preparing Sustainability
Reports for Issuers and Public Companies as listed in Appendix II which is an integral part
of this Financial Services Authority Circular Letter;
In the event that the Sustainability Report is presented separately from the Annual
Report, then the social and environmental responsibility section contains information
6)
that information regarding social and environmental responsibility has been disclosed in
the Sustainability Report which is presented separately from the Annual Report; and
Submission of the Sustainability Report which is presented separately from the Annual
7)
Report must be submitted simultaneously with the submission of the Annual Report.
i Audited Annual Financial Report
The annual financial statements included in the Annual Report are prepared in accordance
with Indonesian financial accounting standards and have been audited by a public accountant 466-577
registered with the Financial Services Authority.
The intended annual financial report contains a statement regarding accountability for
financial reports as stipulated in the Financial Services Authority Regulation regarding the
responsibility of the Board of Directors for financial reports or laws and regulations in the 468
capital market sector which regulate periodic reports of securities companies in the event that
the Issuer is a securities company.
Statement of Members of the Board of Directors and Members of the Board of
j
Commissioners regarding Responsibility for the Annual Report
Statements of members of the Board of Directors and members of the Board of
Commissioners regarding responsibility for the Annual Report are prepared in accordance
with the format of Statement Letters of Members of the Board of Directors and Board of 58-59
Commissioners regarding Responsibility for Annual Reports as listed in the Appendix which is
an integral part of this Financial Services Authority Circular Letter.
PT Bank BTPN Syariah Tbk | 2023 Annual Report
605
Page 608
PT Bank BTPN Syariah Tbk | 2023 Annual Report
606
this page is intentionally left blank
Page 609
PT Bank BTPN Syariah Tbk | 2023 Annual Report 607
Page 610
PT Bank BTPN Syariah Tbk | 2023 Annual Report
PT Bank BTPN Syariah Tbk
Menara BTPN, 12th Fl., CBD Mega Kuningan 021 - 300 26 400
Jl. Dr. Ide Anak Agung Gde Agung Kav. 5.5-5.6 021 - 252 0356
608 South Jakarta 12950 www.btpnsyariah.com
Names mentioned 188 people and organisations named in the text · linked when the evidence is strong
unresolved
person
Dr. Ide Anak Agung Gde Agung
p.3 ×3
unresolved
org
PT BTPN Syariah Tbk
p.18 ×3
unresolved
org
Syariah Tbk
p.18 ×8
unresolved
org
PT Bank Tabungan Pensiunan Nasional Syariah
p.26 ×10
unresolved
org
PT Bank Tabungan Pensiunan
p.26 ×3
unresolved
org
Nasional Syariah Tbk
p.26 ×2
unresolved
org
Financial Services Authority
p.27 ×42
unresolved
—
Share Placement
p.28
unresolved
org
Indonesia Stock Exchange
p.31 ×5
unresolved
org
PT Info Artha
p.36
unresolved
org
PT Jurnalindo Aksara Graphics
p.36
unresolved
org
PT Pemeringkat Efek Indonesia
p.37
unresolved
org
PT Fitch Ratings Indonesia. The National Long-Term Rating
p.38
unresolved
org
Mercomm Inc
p.40
unresolved
org
Bank Indonesia
p.41 ×17
unresolved
org
Bank Category
p.41
unresolved
org
Yayasan Daarut Tauhiid
p.41
unresolved
org
Ministry of Education
p.46 ×2
unresolved
org
PT Fitch Ratings Indonesia.
p.53 ×6
unresolved
org
Ministry of Education and Research
p.53
unresolved
org
Bank Indonesia's
p.55 ×2
unresolved
org
Bank Tabungan BTPN Syariah Pensiunan Tbk
p.64 ×2
unresolved
org
Annual Nasional Report Tbk
p.64
unresolved
—
(as of December 31, 2023)
p.65
unresolved
—
legal bases of establishment
p.65
unresolved
org
PT Bank Purba
p.65
unresolved
org
PT Bank Purba Danarta
p.65 ×2
unresolved
—
Articles of Association Number 39 dated
p.65
unresolved
person
Widjaja
p.65
unresolved
person
H. Abu
p.65
unresolved
org
PT Bank Sahabat Jusuf
p.65
unresolved
person
Jusuf, S.H;
p.65
unresolved
org
Minister of Law and Human Rights
p.65 ×5
unresolved
org
PT Bank Purba Danarta Meeting
p.65
unresolved
person
Notary Winarti Lukman Widjaja
p.65
unresolved
org
40 of 2007 concerning Limited Liability
p.65
unresolved
org
PT Bank Sahabat Purba Companies
p.65
unresolved
org
Bank Sahabat
p.65
unresolved
org
Republic Indonesia dated January 18, 2008
p.65
unresolved
—
AHU-02507.AH.01.02. 2008, which was
p.65
unresolved
—
Supplement number 3032;
p.65
unresolved
org
Ministry of Law and Human Rights
p.65 ×2
unresolved
person
Notary Jose Dima Satria
p.66 ×3
unresolved
org
Tabungan Pensiunan Nasional Syariah Tbk
p.66 ×2
unresolved
org
Minister of Law and Human Rights Man
p.66
unresolved
org
Minister of Law and Human
p.66 ×2
unresolved
org
Minister of Law
p.66 ×4
unresolved
person
Notary Indah Indriani
p.66
unresolved
org
PT Bank Tabungan Pensiunan Nasional Syariah AH.
p.66
unresolved
person
Notary Hadijah
p.66
unresolved
org
PT Bank Tabungan
p.66 ×4
unresolved
org
Bank Tabungan Pensiunan Nasional Tbk
p.66 ×18
unresolved
org
Pensiunan Nasional Syariah Tbk
p.66 ×2
unresolved
org
Minister of Law and Human Rights Republic of Indonesia
p.66
unresolved
org
Notification BTPN Syariah Tbk
p.67
unresolved
org
Letter BTPN Syariah Tbk
p.67
unresolved
—
tax payer identification
p.69
unresolved
—
business identification
p.69
unresolved
—
Facsimile
p.69
unresolved
org
PT Bank Sahabat Purba Danarta
p.70 ×2
unresolved
org
PT BTPN Syariah Ventura
p.70 ×14
unresolved
org
Minister of Law and Human Rights. Human Republic of Indonesia Number Apart
p.70
unresolved
person
Notary Ashoya Ratam
· Notaris
p.71 ×15
unresolved
org
PT BTPN Syariah Ventura. Rp
p.71
unresolved
org
Bank Tabungan Nasional Tbk
p.74 ×2
unresolved
org
Information Tbk
p.75
unresolved
org
PT Digital Solusi Pratama
p.80
unresolved
org
Holcim Indonesia Tbk
p.80 ×2
unresolved
org
PT Titan Petro Chemical
p.80
unresolved
org
PT Asahan Indonesia Asahan Aluminium
p.80
unresolved
org
PT Delameta Bilano
p.81
unresolved
org
PT Bank Syariah Mandiri
p.81
unresolved
org
Bank Indonesia Sharia Banking R
p.81
unresolved
org
CEO XL-Axiata Tbk
p.82
unresolved
org
PT Indosat Mega Media Mobile
p.82
unresolved
org
PT Satelindo
p.82
unresolved
org
Bank Restructuring Agency
p.82
unresolved
org
PT Bank Tabungan Pensiunan Nasional Tbl
p.83
unresolved
org
Bank Universal
p.83 ×7
unresolved
org
Bank Subentra
p.83
unresolved
org
PT ANZ Panin Bank Indonesia
p.87
unresolved
org
PT Rahajasa Media Internet
p.87
unresolved
org
Bank Niaga Tbk
p.88 ×12
unresolved
org
PT Bank Niaga Jakarta Thamrin
p.88
unresolved
org
PT Bank Niaga Jakarta Design Center
p.88
unresolved
org
Tanudiredja
p.89 ×4
unresolved
org
Wibisana & Rekan
p.89 ×4
unresolved
person
H. Muhamad Faiz
· Anggota
p.91 ×5
unresolved
org
PT Bahana Artha Ventura
p.92
unresolved
org
PT Bank Syariah Bukopin
p.92
unresolved
org
PT Asanusa Asset Management
p.92
unresolved
org
PT IMFI Syariah
p.93
unresolved
org
Bank BRI Syariah Tbk
p.96 ×2
unresolved
org
PT Bank Universal Operation Policy
p.96
unresolved
org
PT Bank Dharmala Branch Operations Development Division
p.96
unresolved
org
PT Bank Dharmala
p.96
unresolved
org
PT United City Bank
p.96 ×2
unresolved
org
Bank Ekonomi Raharja Tbk
p.98 ×2
unresolved
org
PT Great Eastern Life Indonesia
p.99
unresolved
org
PT Commonwealth Life Indonesia
p.99
unresolved
org
PT Bank Commonwealth
p.99
unresolved
org
Sumimoto Mitsui Banking Corporation
p.101 ×2
unresolved
org
PT Bank Sumitomo Mitsui Indonesia
p.102
unresolved
org
Sumitomo Mitsui Banking Corporation
p.103 ×2
unresolved
org
PT Sumitomo Mitsui Finance
p.103
unresolved
org
PT Nikko Sekuritas Indonesia
p.103
unresolved
org
MASTER FUND LIMITED
p.104
unresolved
org
PT. AMB FINANSIAL INDONESIA
p.104
unresolved
org
Bank Indonesia Regulation
p.108
unresolved
org
BTPN Syariah upholds the rights
p.109
unresolved
org
shareholders and continuously grows the trust
p.109
unresolved
—
shareholders and investors. Fulfilling this
p.109
unresolved
—
commitment takes into account sectors
p.109
unresolved
org
industries as well as size and complexity as
p.109
unresolved
org
a sharia commercial bank and as a changing
p.109
unresolved
—
cash dividend distribution in 2023
p.109
unresolved
—
By prioritizing the implementation of good
p.109
unresolved
—
on transparency, accountability, liability,
p.109
unresolved
—
development and growth of the sharia
p.109
unresolved
org
banking industry, BTPN Syariah has
p.109
unresolved
—
again distributed dividends based on
p.109
unresolved
org
performance of the financial year ending in
p.109
unresolved
org
PT Kustodian Sentral Efek Indonesia
p.110
unresolved
org
Siddharta Widjaja & Rekan
p.111
unresolved
org
PT Datindo Entrycom
p.111
unresolved
org
PT Fitch Ratings Indonesia DBS Bank Tower
p.111
unresolved
org
Bank Compliance Communication
p.113
unresolved
org
Bank Management About Us
p.114
unresolved
—
Public Offering Prospectus
p.114
unresolved
org
Quarterly Financial Reports
p.114
unresolved
—
Sharia Supervisory Board Charter
p.114
unresolved
—
Risk Monitoring Committee Charter
p.114 ×2
unresolved
org
PT Bank BTPN Syariah Tbk's National Long-Term Rating
p.124
unresolved
org
Bank Syariah. In
p.127
unresolved
org
Bank Organs
p.270
unresolved
org
Bank Tabungan Pensiunan Tabungan Pensiunan Nasional Syariah Tbk
p.485 ×2
unresolved
org
Bank Umum Syariah
p.485 ×2
unresolved
person
Ratam
p.485 ×2
unresolved
org
Menteri
p.485 ×2
unresolved
person
Tika Arundina
· Anggota
p.486
unresolved
person
Rena Mutia Andriani
· Anggota
p.486
unresolved
org
Bapepam
p.486 ×2
unresolved
org
Bapepam-LK
p.486 ×2
unresolved
org
Kementerian Keuangan
p.486
unresolved
org
Ministry of Finance
p.486
unresolved
org
Kementerian
p.487
unresolved
org
Ministry of Law
p.487
unresolved
org
Menteri Hukum dan Hak Asasi
p.487
unresolved
org
PT BTPN Modal Ventura Syariah
p.488
unresolved
org
Bank Indonesia Giro
p.548
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