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2023
ANNUAL REPORT
IMPACTING
MILLIONS
OF LIVES
PT BANK BTPN Tbk
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IMPACTING MILLIONS OF LIVES The theme of the 2023 annual report diverges from the patterns observed in previous years’ reports (since 2018), which depicted the evolution of Bank BTPN, ranging from mergers to navigating through the COVID-19 crisis. As a refreshing, this 2023 annual report departs from the perspective of Bank BTPN’s service users and the broader Indonesian community, focusing on Bank BTPN’s aspirations to become a premier provider of comprehensive financial solutions in Indonesia, offering complete financial solutions and services to various retail, micro, SME, and corporate segments in Indonesia to realize the vision of becoming the bank of choice in Indonesia capable of bringing significant change to millions of lives.
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TABLE OF
CONTENTS 03
COMPANY PROFILE
60 General Information
4 Strengthening the Retail Customer 61 Brief History of The Company
Base 62 Milestones
64
5 Enhancing Jenius Platform Line of Business
Capabilities 65 Products and Services
66 Organizational Structure
6 Maintaining Operation Excellence
68 Vision & Mission
7 Maintaining Credit Portfolio Quality 69 Main Values
70 Profile of The Board of Commissioners
76 Profile of The Board of Directors
01
84 Profile of Executive Officers
88 Employee Statistics
90 Shareholders Structure
91 Ultimate Parent Entity
MAIN HIGHLIGHTS 92 Majority Shareholders
95 List of Subsidiaries
12 Financial Highlights 96 Operational Area
16 Share Performance 99 Membership in Associations
17 Corporate Action 99 Chronology of Shares Listing
17 Information on Temporary Suspension of Shares Trading 100 Chronology of Other Securities Listing
18 Issuance of Bonds and Sukuk 100 Public Accountant
18 Overview of Bonds and Sukuk 101 Firm Names And Addresses Of Capital Market
20 2023 Event Highlights Institutions and/or Supporting Institutions
25 Awards and Certification 102 Information on Company Website
02 04
MANAGEMENT REPORT MANAGEMENT DISCUSSION
AND ANALYSIS
33 Report from The Board of Commissioners
38 The Board of Commissioners
106 Economic Review and The Banking Industry
41 Report from The Board of Directors
106 Economic Review
50 The Board of Directors
107 Banking Industry Review
52 Board of Management
108 Performance Review by Business Segment
54 Executive Officers
108 Retail Banking
56 Statement Letter of The Board of Commissioners and
Board of Directors Regarding Responsibility for The 110 Jenius
2023 Annual Report of PT BANK BTPN Tbk 112 Retail Lending Business
116 Wealth Management Business
117 Business Banking
118 Corporate Banking
119 Fund Collection
120 Financing
120 Trade Finance
121 Cash Management
121 Foreign Exchange
122 Treasury
123 Sharia Banking
126 Profitability by Business Segment
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07
128 Financial Performance Review
128 Balance Sheet
133 Profit and Loss Performance
134
134
Cash Flow
Ability to Pay Debt
CORPORATE
135 Prime Lending Rate GOVERNANCE
135 Capital Structure
136 Material Commitment Related to Capital Goods
Investment 249 Principles of GCG Implementation
137 Realization of Capital Goods Investment 250 Legal Basis of Implementation
137 Information and Material Facts that Occured After The 251 Objectives of GCG Implementation
Report Date 252 GCG Structure
137 Targets, Realization, and Projections 253 GCG Implementation and Commitment
138 Business Prospects 261 General Meeting of Shareholders (GMS)
139 Dividend 274 Main And Controlling Shareholders
139 Long-Term Compensation: Employee and Management 275 The Board of Commissioners
Stock Ownership Program
282 The Board of Directors
139 Realisation of The Use of Public Offering Proceeds
290 Transparency of Information on The Board of
140 Material Transactions with Conflicts of Interest and/or Commissioners and The Board of Directors
Transactions with Affiliated/Related Parties
304 Committees Under The Board of Commissioners
142 Material Information on Transactions Related to
Investment, Expansion, Divestment, Acquisition and 322 Committees Under The Board of Directors
Loan/Capital Restructuring 338 Corporate Secretary
142 Changes in The Laws and Regulations with Significant 344 Compliance Function
Impact
348 Internal Fraud
143 Changes In Accounting Policies
352 Provision of Funds for Social and Political Activities
143 Tax Payer Compliance
352 Transparency Of The Bank’s Financial and Non-
144 Marketing Aspect Financial Conditions
144 Strategi Pemasaran 353 Provision of Funds to Related Prties and Large Exposure
145 Pangsa Pasar 354 External Audit
355 Internal Audit
361 Internal Control System (SPI)
05
364 Important Cases Faced by Subsidiaries, Members of
The Board of Commissioners, and Members of The
Board of Directors
364 Adminstrative Sanctions
365
RISK MANAGEMENT
Access to Corporate Information and Data
366 Code of Ethics
368 Price Sensitive Information Personal Account Dealing
148 Risk Management Policy 368 Governance in Procurement of Goods and Services
149 Risk Management Governance 369 Reporting of Violations System
149 Risk Management Organization 370 Policy on Anti-Corruption and Bribery
150 Description of Risk Management Implementation 371 Transparency in Bad Governance Practices
152 Review of The Effectiveness of The Risk Management
System
08
152 Statement by The Board of Directors and/or The Board
of Commissioners or The Audit Committee Regarding
Risk Management Adequacy
153 Internal Control System
154 Capital Disclosure
SOCIAL AND
171 Disclosure of Risk Exposure
ENVIRONMENTAL
RESPONSIBILITY
06 374 Highlights of Sustainability
BUSINESS 376 Risk Management Implementation Report
SUPPORT REVIEW for Operational Risk
383 Audited Consolidated Financial Statements
for Financial Year 2023
232 Human Resources Development 619 SEOJK Reference
238 Information Technology and Operations SEOJK No. 16/SEOJK.04/2021: Annual
Report of Issuer or Public Company
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STRENGTHENING
THE RETAIL
CUSTOMER BASE
Micro Business Customers
13,935 Customers
In 2023, the number of micro-business customers reached
13,935, an increase of 16.64% compared to 2022, which
had 11,947 customers.
Disbursement of Loans
75.77%
The disbursement of loans in the micro-business segment
throughout 2023 reached Rp1 trillion, up by 75.77%
compared to Rp743.1 billion in 2022.
Wealth Management Business Customers
137,248 Customers
In 2023, the wealth management business saw a growth of
2.5%, reaching 137,248 from the previous year’s 133,880
units.
Expanding the customer base is
one of Bank BTPN’s key strategies
in achieving its mission to make a
meaningful difference in the lives of
millions of people.
Retail Customers
Enhancement of Jenius platform capabilities,
optimization of distribution channels, and
cross-line-of-business collaborations.
Corporate Customers
• Tier-1 and -2 companies in Indonesia
• Suppliers/distributors of Tier-1
and -2 corporate customers
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ENHANCING JENIUS
PLATFORM
CAPABILITIES
New Features
Self-top-up and management of e-money
from the e-Wallet Center Registered User Count
4.8 Million
Yay Points redemption
Jenius Paylater
#FlexiRasaMaxi 2 Program
+19%
5.2 Million Customers Rp25.5 Trillion
In 2023, the number of customers The Total Third-Party Funds
served by Jenius increased by (DPK) managed by Jenius in 2023
19.20%, from 4.4 million customers reached Rp25.5 trillion, up by 7.6%
in 2022 to 5.2 million customers. compared to Rp23.7 trillion in 2022.
120.6%
The realization of funding from
Jenius increased by 120.6% in 2023,
reaching Rp2.2 trillion from the
previous year’s Rp1.0 trillion.
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MAINTAINING OPERATION
EXCELLENCE
Bank BTPN continues to develop operational
excellence, realized through innovation in information
technology, digital service digitization, robotic-based
automation, and compliance enhancement through
several supporting reporting applications.
Revitalization and integration of
01 the bank-wide core banking system
Accelerating digitization
processes 02
Strengthening digital and cyber
03 security capabilities
Empowering human resources
with superior competencies 04
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MAINTAINING CREDIT PORTFOLIO QUALITY Credit Disbursement 7.1% Until 2023, the total credit disbursed by the Bank reached Rp156.6 trillion, up by 7.1% compared to the position in 2022, which was Rp146.1 trillion. Corporate & Commercial Credit Disbursement 7.6% The increase in credit disbursement is primarily driven by the Corporate & Commercial segment, which saw a 7.6% increase compared to the previous year. NPL (Bruto) 1.43% 2022 1.36% 2023 The Bank consistently maintains credit quality reflected by a Non-Performing Loan (NPL) ratio of 1.36% in 2023.
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MAIN
HIGHLIGHTS
12 Financial Highlights
16 Share Performance
17 Corporate Action
17 Information on Temporary Suspension of Shares
Trading
18 Issuance of Bonds and Sukuk
18 Overview of Bonds and Sukuk
20 2023 Event Highlights
25 Awards and Certification
Amidst a challenging
environment, Bank BTPN
has still managed to
achieve positive financial
performance while
maintaining a focus on
risk management.
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Interest Income
PERFORMANCE Rp 18.8 Trillion
20
The Bank successfully recorded an 18.3%
increase in interest income, primarily
driven by interest income from credit
disbursements.
KPMM
23
29.9 %
The Bank’s Minimum Capital Adequacy
Requirement (KPMM) in 2023 was higher
compared to the previous year by 27.3%.
LCR
199.7 %
The Bank’s Liquidity Coverage Ratio (LCR)
stood at a healthy level by the end of 2023.
Operating Income
Rp 14.1 Triliun
Operating income increased by 3.1% from
Rp13.7 trillion in 2022, contributed by a 3.1%
increase in net interest income and a 3.0%
increase in other operating income.
Net Profit for the Year
Rp 2.7 Trillion CASA Ratio
The bank decided to increase loan
reserves in 2023 and also as a form
40.8 %
of anticipation of the end of POJK
relaxation on restructured loans
on March 31, 2024. This had an
impact on the achievement of net
profit which decreased by 26.1% The Bank successfully increased CASA balance in
compared to 2022. 2023 by 10.0%, leading to an increase in CASA ratio
to 40.8% from 35.0%.
10 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Main Highlights
Bank BTPN provides
convenience to customers
through the availability of
branch office networks
Branch Offices and ATMs.
58 Offices
ATM
214 Units
Description Total
Operational Head Office 1
Non-Operational Regional Office 9
Branch Office 58
Supporting Branch Office 197
Functional Office
• Operation Functional Office 1
Sub-Branch • Non-Operation Functional Office
Total Office Network
0
266
Offices ATM 214
197
TCR 0
Offices Payment Point 18
Total Office Network & ATM 498
* Office Network Data of BTPN Individual
2023 ANNUAL REPORT PT BANK BTPN Tbk 11
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Main Highlights
FINANCIAL
HIGHLIGHTS
(Rp million, unless stated otherwise)
Description 2023 2022 2021 2020
Balance Sheet
Total Assets 201,448,392 209,169,704 191,917,794 183,165,978
Earning Assets 1)
197,325,929 204,169,669 187,244,554 176,915,917
Loans 2) 156,561,297 146,123,516 135,598,774 136,212,619
Deposits from Customers 3)
108,198,576 114,866,548 109,380,130 100,788,906
Borrowings 34,283,897 48,025,106 37,615,236 37,176,039
Securities Issued 200,569 200,134 996,089 993,045
Investment in Shares 102,586 103,473 22,522 22,522
Total Liabilities 3)
160,165,288 169,756,680 155,838,867 150,201,225
Total Shareholders’ Equity 4) 41,283,104 39,413,024 36,078,927 32,964,753
Number of Shares Issued and Fully Paid (in units) 8,149,106,869 8,149,106,869 8,149,106,869 8,148,931,869
Income statement
Interest Income 18,815,673 15,899,646 14,748,604 16,403,483
Interest Expenses (6,771,610) (4,221,331) (3,605,564) (5,779,055)
Net Interest Income 12,044,063 11,678,315 11,143,040 10,624,428
Other Operating Income 2,073,443 2,012,615 1,959,784 1,688,837
Other Operating Expenses (7,606,552) (7,193,087) (6,982,870) (6,883,113)
Provision for impairment losses expense (3,049,919) (1,840,167) (2,111,776) (2,799,638)
Operating Income – Net 3,461,035 4,657,676 4,008,178 2,630,514
Current Profit Before Income Tax 3,457,682 4,657,319 4,007,172 2,633,076
Current Net Income 2,682,484 3,629,564 3,104,215 2,005,677
Current Profit (Loss) Attributed to:
• Owners of the parent 2,358,334 3,095,701 2,664,714 1,749,293
• Non-Controlling Interest 324,150 533,863 439,501 256,384
Other Comprehensive Income for the Year, after Income Tax 18,348 (154,602) 78,604 24,198
Total Comprehensive Income for the Year, after Income Tax 2,700,832 3,474,962 3,182,819 2,029,875
Total Comprehensive Income Attributable to:
• Owners of the parent 2,376,847 2,939,728 2,742,035 1,776,256
• Non-Controlling Interest 323,985 535,234 440,784 253,619
Earnings per share 293 384 331 217
Notes:
1. Including loans sharia financing/receivables, current accounts with BI and other banks, placements with BI and other banks, securities, investment in shares,
acceptance receivables, and derivative receivables.
2. Including Sharia financing/receivables.
3. Including temporary syirkah funds.
4. Including non-controlling interests.
12 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Main Highlights
(in %)
Keterangan 2023 2022 2021 2020
Financial Ratios
Capital
Minimum Capital Adequacy Requirement 5) 29.9 27.3 26.2 25.6
Earning Assets
Non-performing earning assets and non-performing non- 0.7 0.7 0.8 0.6
productive assets to total earning assets and non-productive
assets
Non-performing earning assets to total earning assets 0.7 0.7 1.3 1.0
Reserves for Impairment Losses (CKPN) for financial assets to 2.5 1.8 2.2 2.0
earning assets
NPL –gross 1.4 1.4 1.7 1.2
NPL-net 0.4 0.4 0.4 0.5
Profitability
Return on Asset (ROA) 6) 1.7 2.4 2.2 1.4
Return on Equity (ROE) 6.5 9.1 8.6 6.1
Net Interest Income Margin (NIM) 6.5 6.3 6.6 6.1
Operating Expense to Operating Income (BOPO) 7) 83.7 75.1 76.0 85.5
Cost of Funds 4.4 2.7 2.5 3.8
Cost to Income Ratio (CIR) 7) 52.7 49.8 49.3 53.9
Profit (loss) to Income/Sales 16.6 26.0 24.0 14.6
Liability
Loan to Deposit Ratio 8) 142.7 126.7 123.1 134.2
Current Ratio 33.7 45.3 44.8 39.5
Solvency
Liabilities to Assets 79.5 81.2 81.2 82.0
Liability to Equity 414.2 460.0 458.8 481.2
Compliance
Percentage of BMPK Violation
• Related Parties - - - -
• Non-Related Parties - - - -
Percentage of Excessive BMPK
• Related Parties - - - -
• Non-Related Parties - - - -
Minimum Rupiah Main Statutory Reserves 8.3 8.2 3.7 3.2
Minimum Foreign Currency Main Statutory Reserves 4.0 4.0 4.0 4.0
Net Foreign Currency Position 0.5 0.3 0.1 0.4
Others
Number of Branch Office 9) 333 358 477 536
Number of ATM and TCR 228 221 224 227
Number of Employee 10) 20,933 19,740 19,334 19,370
Notes:
5. Including credit, operational and market risks.
6. RoA before tax.
7. BOPO and CIR for 2019-2021 have been restated to match the presentation of the ratios in 2022 (in accordance with SEOJK No. 9/SEOJK.03/2020 dated June
30, 2020 regarding “Transparency and Publication of Conventional Commercial Bank Reports”).
8. LDR (not including Loan to Bank).
9. Including Payment Points & Functional Offices.
10. Including BTPN Syariah.
2023 ANNUAL REPORT PT BANK BTPN Tbk 13
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Main Highlights
FINANCIAL
HIGHLIGHTS
Customer Deposits
01
(including temporary syirkah funds)
Rp108.2 Trillion
Total
02
Equity
Rp41.3 Trillion
CAR
03
Ratio
29.9%
Return on
04
Equity (RoE)
6.5%
Total
05
Assets
Rp201.4 Trillion
14 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Main Highlights
Net Profit Attributable to
Net Interest Income Owners of Parent
(in trillion rupiah) (in trillion rupiah)
11.7 12.0 3.1
11.1
2.7
2.4
2021 2022 2023 2021 2022 2023
Other Operating Income Operating Expenses
(in trillion rupiah) (in trillion rupiah)
2.1 2021 2022 2023
2.0
1.9
(7.0) (7.2)
2021 2022 2023 (7.6)
Loans Third Party Funds
(in trillion rupiah) (in trillion rupiah)
156.6 114.9
146.1 109.4 108.2
135.6
2021 2022 2023 2021 2022 2023
2023 ANNUAL REPORT PT BANK BTPN Tbk 15
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Main Highlights
SHARE
PERFORMANCE
INITIAL PUBLIC OFFERING
PT BANK BTPN Tbk (“Bank BTPN”, “Bank”) held an initial public offering (IPO) on 8 June 2007. In this corporate
action, a total of 267,960,220 shares was offered to the public with a nominal value of Rp100 (full value) per share.
The offering price was Rp2,850 (full value) per share. The shares were listed on the Indonesia Stock Exchange on 12
March 2008.
Highest Lowest Closing Trade Volume Total Listed Share Market Capitalization
Period
(Rp) (Rp) (Rp) (Share) (Share) (Rp)
2023
Quarter I (March) 2,580 2,400 2,500 1,599,600 8,149,106,869 20,372,767,172,500
Quarter II (June) 2,710 2,460 2,710 2,661,600 8,149,106,869 22,084,079,614,990
Quarter III (September) 2,780 2,700 2,700 4,379,500 8,149,106,869 22,002,588,546,300
Quarter IV (December) 2,700 2,520 2,620 2,008,000 8,149,106,869 21,350,659,996,780
2022
Quarter I (March) 2,680 2,570 2,670 1,608,600 8,149,106,869 21,758,115,340,230
Quarter II (June) 2,620 2,490 2,500 2,216,100 8,149,106,869 20,372,767,172,500
Quarter III (September) 2,530 2,380 2,460 3,772,700 8,149,106,869 20,046,802,897,740
Quarter IV (December) 2,850 2,420 2,650 3,654,400 8,149,106,869 21,595,133,202,850
MONTHLY STOCK TRADING
Closing Price Trade Volume
3,000 2,500,000
2,400 2,000,000
1,800 1,500,000
1,200 1,000,000
600 500,000
0 0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Trade Volume 2023 Trade Volume 2022
Closing Price 2023 Closing Price 2022
16 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Main Highlights
CORPORATE
ACTION
On 7 December 2023, the Bank held the Extraordinary Fluctuating Market Conditions (which has been revoked
General Meeting of Shareholders (EGMS) with the and replaced by OJK Regulation No. 13 of 2023 on
following agenda: Policies for Maintaining Capital Market Performance and
1. Approval for treasury stock withdrawal. Stability in Significantly Fluctuating Market Conditions),
2. Approval for the plan of Capital Increase by which will be effective within 60 days from the date
Granting Pre-emptive Rights II (“PMHMETD II”) or of announcement, if there are no objections from
Right Issue II. Creditors.
The Bank has obtained approval from the Shareholders Furthermore, based on disclosure of information to
for the agendas. the shareholders with regards of PMHMETD II on 11
December 2023, the Bank has disclosed the plan to use
Based on the announcement to creditors on December PMHMETD II funds is to carry out business expansion
8 2023, Treasury Stocks withdrawal is conducted to and investment through the acquisition of companies
comply with the requirements as set out in Otoritas involved in business financing activities, namely
Jasa Keuangan (Financial Services Authority - “OJK”) PT Oto Multiartha and PT Summit Oto Finance, from
Regulation No. 2/POJK.04/2013 on Buyback of Shares PT Summit Auto Group which is currently a subsidiary
Issued by Issuers or Public Companies in Significantly of the Sumitomo Corporation Group and SMBC
INFORMATION ON TEMPORARY
SUSPENSION OF SHARES TRADING
During 2023, there was no temporary suspension on the Bank’s shares trading.
2023 ANNUAL REPORT PT BANK BTPN Tbk 17
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Main Highlights
ISSUANCE OF BONDS
AND SUKUK
During 2023, the Bank did not issue any Bonds/Sukuk.
OVERVIEW
OF BONDS AND SUKUK
Bonds Amount
Description Date of Listing Interest Rate (%) Maturity Date Outstanding (Rp)
(Rp)
Shelf Registered Bonds IV Bank BTPN with Fixed Interest Rate Stage I Year 2019
B Series 27 November 2019 201,000,000,000 7.75 26 November 2024 201,000,000,000
RATING OF BANK BTPN BONDS
Obligation 2023 Rating 2022 Rating 2021 Rating
Shelf Registered Bonds IV Bank BTPN with Fixed Interest AAA (idn) AAA (idn) AAA (idn)
Rate Stage I Year 2019
PAYMENT OF INTEREST AND PRINCIPAL IN 2023
In 2023, Bank BTPN realized the payment of principal and interest on securities issued. Details are as follows:
Description Date of Payment Total Payment (Net)
Coupon-13 27 February 2023 Rp3,894,375,000,-
Coupon-14 26 May 2023 Rp3,894,375,000,-
Coupon-15 28 August 2023 Rp3,894,375,000,-
Coupon-16 27 November 2023 Rp3,894,375,000,-
Coupon-17 26 February 2024 Rp3,894,375,000,-
Coupon-18 26 May 2024 Rp3,894,375,000,-
Coupon-19 26 August 2024 Rp3,894,375,000,-
Coupon-20 26 November 2024 Rp204,894,375,000,-
18 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Main Highlights
2023 EVENT
HIGHLIGHTS
25 January 5 February 28 February
Bank BTPN held the first Media Gathering since Bank BTPN’s Jenius collaborated with Pocari Sweat Bank BTPN conducted a Press
Henoch Munandar was appointed as President as the main sponsor during the POCARI SWEAT Run Conference on the Exposure of
Director on 29 September 2022. The event was Indonesia 2023 press conference held in coincide the 2022 Financial Performance
attended by 29 journalists from 27 media. Also with Pocari Sweat’s 10th Anniversary. Present as held offline at Menara BTPN,
present from BTPN were Compliance Director speakers at the event were Ridwan Kamil acting 27th Floor, Jakarta. On this
Dini Herdini, Head of Wholesale, Commercial, as the West Java Governor, Puspita Winawati as occasion, Bank BTPN reported
and Transaction Banking Nathan Christianto, the Marketing Director of PT Amerta Indah Otsuka, its solid performance of 2022
and Communications and Daya Head Andrie Daniel Mananta as the Brand Ambassador of Pocari which recorded a 16% growth
Darusman. Sweat, and Anita Ekasari as Head of Digital Banking amidst threats of global
Acquisition, Service, and Marketing of Bank BTPN. recession and the transition
The event was held so as to get to know the period from pandemic to
media members more closely and be acquainted The press conference was hosted by Melanie Putria endemic.
with one another directly as well as a form of the and began with a morning run together with the
Bank’s appreciation for the cooperation which speakers and a number of public figures. POCARI The Press Conference was
has been well established. On this occasion, SWEAT Run Indonesia 2023 was carried out in hybrid joined by Henoch Munandar
Henoch Munandar and Dini Herdini conveyed and flag-off was at Gedung Sate, Bandung, on 30 as President Director of Bank
the latest information regarding Bank BTPN’s July 2023. Categories included in this event were: BTPN, Hanna Tantani as Finance
profile and commitments, especially to remain in marathon, half-marathon, and 10K for offline category. Director of Bank BTPN, Dini
support of the achievement of the Sustainable Meanwhile for the virtual run, categories consisted Herdini as Compliance Director
Development Goals (SDGs) through Bank of marathon, half-marathon, 10K, 5K, 3K, and kids of Bank BTPN, and Irwan
BTPN’s business units, programs and products. dash. To add to the excitement, Jenius of Bank BTPN Tisnabudi as Head of Digital
extended a special offer for the purchase of offline Banking of Bank BTPN as
and virtual tickets, activities with communities, up to speakers. Some 20 journalists
the point of race pack collection and on race day. from 19 media companies
attended the conference.
13 April 14 April
Bank BTPN held its Annual General Meeting of Shareholders (AGMS) Bank BTPN’s Jenius held a virtual Press Conference on Jenius Study:
which determined the change in the composition of the Board of Behaviors of the Digital Savvy Ahead of the Eid al-Fitr Celebration.
Directors and the Board of Commissioners, as well as on the use of the Through this survey, Jenius observed the behaviors of the digital savvy
net profit of fiscal year 2022 for the payment of dividend, the first to be who maintain their financial habits since the month of Ramadan during
conducted since the year 2017. Bank BTPN confirmed Atsushi Hino the pandemic and Eid al-Fitr of this year.
as the Director to replace Kan Funakoshi, with term of office effective
upon acquiring the complete work and residence permits until the 2025 The survey was conducted during the months of March-April of 2023,
AGMS. involving 127 respondents of the ages 18-40 years and concluded that
76% of the respondents received their holiday allowance (THR) for the
In addition, Bank BTPN also confirmed the change in composition year. Survey results show that there were three characteristics of the
of the Board of Directors with the acceptance of the resignation of digital savvy who received their holiday allowance, namely The Saver
Irwan Mahjudin as the Company’s Independent Commissioner and the (41%) who allocates the allowance for savings, The Spender (40%)
appointment of Onny Widjanarko effective upon approval from OJK allocates the allowance for various spending, and The Investor (19%)
until the 2025 AGMS. allocates the funds for investment.
20 2023 ANNUAL REPORT PT BANK BTPN Tbk
Page 23
Main Highlights
4 May 25 May 22 June
Bank BTPN, together with 4 (four) other creditors, Jenius of Bank BTPN held a Media Bank BTPN conducted its
namely PT Bank DBS Indonesia, PT Bank Mayapada Gathering #LariBarengJenius Extraordinary General Meeting
Internasional Tbk, PT Bank Mizuho Indonesia, and Bank (#RunTogetherWithJenius) in Surabaya in of Shareholders (EGMS) that
of China (Hong Kong) Ltd of Jakarta branch, reached conjunction with Jenius as co-title sponsor determined a change in the
agreed to provide a syndicated loan facility for a total of for the Pocari Sweat Run Indonesia, Jenius composition of the Board of
Rp1.111 trillion to PT Seino Indomobil Logistics (PT SIL) invited friends of Jenius in Surabaya to take Directors and appointed Keishi
for capital expenditure financing. part (in hybrid) in the annual marathon event Kobata as Director, replacing
at Gedung Sate, Bandung, on 30 July 2023; Hiromichi Kubo, effective upon
The creditors and PT SIL signed the syndicated altogether at the same time carried out acquiring his complete limited
loan facility agreement on Thursday, 4 May 2023, in offline in Bandung and virtually throughout work permit and residence
Jakarta. Bank BTPN acts as Coordinator, Mandated Indonesia. permit until the Annual GMS to
Lead Arranger, and Bookrunner under this five-year be held in the year 2025.
tenor of syndicated agreement. This syndicated Jenius provided special offers upon
loan distribution was set to encourage Bank BTPN’s purchase of tickets, activities with Jenius
performance to continue to grow. This cooperation was Co.Create community and running
symbolically marked by a ceremony which was attended communities throughout various cities in
by the President Director of Indomobil Group, Jusak Indonesia, up to the excitement in race
Kertowidjojo and Wholesale Banking Head of Bank BTPN, pack collection and on race day through the
Moses Ronal Supardi, on Friday, 5 May 2023, in Jakarta. #RunTogetherWithJenius program.
22 June 27 July
Bank BTPN and International Finance Jenius of Bank BTPN, as co-title sponsor of the Pocari Sweat Run Indonesia, held a press
Corporation (IFC) collaborated for an briefing as part of its support in the annual running event through a series of activities within
agreement on social and green bonds to the #runtogetherwithjenius program. The collaboration between Jenius and Pocari Sweat Run
strengthen climate action and encourage Indonesia will extend for the next three years until 2025. The #runtogetherwithjenius program
inclusive development in Indonesia. Under consists of a series of events and attractive promotional offers to be enjoyed by friends of
this agreement, IFC invests up to US$500 Jenius, including a special offer to purchase Pocari Sweat Run Indonesia tickets offline and
million in Bank BTPN which consists of virtual by paying through Jenius, attractive promotions to shop for running sports equipment, fun
the issuance of social bonds and green run together with running communities in 13 cities, to various exciting activities held at Jenius
bonds. Such issuance would be the first booths on the day of race pack collection and on race day.
for Bank BTPN and it would strengthen its
commitments in supporting the micro, small As part of the series of activities in the Road to Pocari Sweat Run Indonesia 2023,
and middle-scale businesses (UMKM) in Jenius collaborated with Pocari Sweat to invite running communities to take part in the
Indonesia, specifically businesses led by #runtogetherwithjenius fun run activities in 34 cities, including Jakarta, Bogor, Bekasi, Bandung,
women as well as adaptive actions toward Surabaya, Bali, Magelang, Malang, Jogyakarta, Makassar, Balikpapan, Pekanbaru, Semarang,
climate change. and several other cities. From these cities, Jenius Co.Create carried out various co-creation
activities and community gatherings together with runners in 15 cities and followed by more than
600 participants.
2023 ANNUAL REPORT PT BANK BTPN Tbk 21
Page 24
Main Highlights
2023 EVENT
HIGHLIGHTS
21 August 22 Agustus 4 September
Bank BTPN has altered its Human Capital Jenius of Bank BTPN held a press briefing On the National Customer Day, members of
Management (HCM) process by partnering which coincided with the commemoration the Board of Directors and Management of
with Darwinbox, a renowned global human of its 7th anniversary. In its seventh year, Bank BTPN took part directly in serving the
resource technology provider. With such Jenius continues to innovate through co- customers and took the role in explaining
a strategic step, Bank BTPN reaffirmed creation process and collaboration with the products, in the empowerment program, in
its commitments to provide valuable digital savvy communities. On celebrating accompanying customers at time of credit
opportunities that extend significant impact its 7th anniversary, Jenius presented a agreement carried out in various Bank BTPN
for millions of people, strengthen its position 7-days 7-nights program of #jadilebihjenius branches throughout Indonesia, distributed
as technology innovator in the financial (#becomingmore jenius) through various roses and chocolates to Bank BTPN
industry through a truly human-centered anniversary special offers. The special offers customers across Indonesia.
approach. were available for 7 days straight, from 11 to
17 of August, consisted of 7 special offers During the National Customer Day, Bank
Through this platform, Bank BTPN in selective food and beverage outlets, 7 BTPN conducted various activities for
retains the vision to innovate within special offers in selective merchants, 7 customers from various business units,
digital transformation of all HR integrated special offers from Jenius special features. such as Sinaya, Micro, Small and Medium-
processes, starting from the integration of Scale Enterprises, Jenius and Purna Bakti
new employees, performance management (Retirement). Bank BTPN’s activities
process, to a continuous learning approach during the National Custome Day included
and a survey system capable of measuring health services for customers, Retirement
employee feedback. This includes all Week, special offers from Jenius and Daya
aspects, from talent acquisition, talent program, also attended by officials from
management, to employee development. partners, namely PT TASPEN (Persero) an
PT ASABRI (Persero).
12 September 24 September
Bank BTPN collaborated with Great Eastern General Insurance Jenius of Bank BTPN supported the 2023 Garmin Run Asia Series at
Indonesia (GEGI) on bancassurance distribution. This collaboration Uptown Park-Summarecon Mall Serpong, Tangerang. This run event
was officially marked by the signing of a cooperation agreement carried on with “From Zero to Hero” theme followed by some 5,000
attended by Jeffrey Tjoeng, Head of Business Banking of Bank BTPN, participants of various age groups for 5K, 10K to 21K and Kids Dash
and Linggawati Tok as Director of Marketing representing GEGI. categories.
Through such collaboration, Bank BTPN participated in the On this occasion, Jenius presented the #runtogetherwithjenius program
government’s program to actualize sustainable development goals through fun run, workshop and talk show on preparing for running
by supporting the growth of small and medium-scale businesses in competitions. Jenius also presented special offers for Jenius users
Indonesia. The synergy between Bank BTPN and GEGI started off such as on purchasing tickets to Garmin Run Indonesia 2023 and
with six products, namely industrial all-risk, earthquake insurance, special discounts for the purchase of Garmin products with Jenius
marine cargo insurance, motor vehicle insurance, contractor all risk, payment facility. To add to the excitement, during the two days of race
and contractor’s plants and machinery insurance. These products pack collection on 22-23 September 2023, and on race day of Garmin
were specifically provided for customers of Bank BTPN who require Run 2023 Indonesia, Jenius held the Jenius Auction, Jenius Cheering
business and asset protection. Zone, Jenius Running Experience Booth and many more.
22 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Main Highlights
6 October 12 October
Jenius of Bank BTPN again held the 7 Days 7 Nights Bank BTPN held the 2023 Sustainability Seminar on “Addressing Climate Change
#becomingmorejenius program by presenting for the first through Decarbonization Initiatives Across Wider Business Sectors” with the theme
the Jenius Online Travel Fair, on 11-17 October 2023. “Beyond Energy Transaction: Seizing Opportunities in the Pathway to Net Zero
Discounts of up to Rp7 million were available at Traveloka Economy”. Attended by at least 200 guests from 60 companies, the seminar was
for the purchase of tickets, accommodations, to holiday conducted at The Westin Hotel Jakarta on 12 October 2023, aimed at sharing
activities. Jenius Online Travel carried on a new travel fair knowledge to corporate customers regarding decarbonization businesses that may
concept never before offered to customers. also be of interest to various business sectors. Not only the customers, the event
was also attended by 18 journalists from various media, from Bisnis Indonesia,
Friends of Jenius could join the voucher war to obtain Infobank, Tempo Sindonews.om, SWA, Gatra and others.
a discount of Rp7 million only by purchasing a voucher
worth Rp7,007 at the Loket.com booth by using Jenius Three main speakers took part in the seminar, namely Head of Region I of the
Visa Credit and Debit Cards. The voucher may be Ministry of the National Development Planning Agency-Abdul Malik Sadat Idris,
redeemed at Traveloka for various purposes, such as Director of Derivative Financial Supervision and Carbon Exchange of Financial
hotel, transportation to entertainment bookings. More Services Authority-Lufaldy Ernanda, and Head of Business Development 2 Division
than 5,000 vouchers were allocated for grabs during the of the Indonesia Stock Exchange-Ignatius Denny Wicaksono. The seminar
voucher war event. Aside from the Rp7 million discount consisted of four sessions covering various topics by various speakers as follows:
by using Jenius Credit and Debit Cards for purchasing Nanda Noor from Principal for Policy & Program of Indonesia Business Council
at Traveloka, friends of Jenius could also take up on the (IBC), Sonali Gupta from Climate-Specialized Associate Investment Officer of
special offers of extra cashback up to Rp2.5 million from International Finance Corporation (IFC), Katherine Pamintuan as Head of ESG
Flexi Cash. Convene. In addition, also present was the Head of Sustainability Solutions Group
(APAC) of Sumitomo Mitsui Banking Corporation, Priya Bellino as moderator.
2 November 22 November
Bank BTPN announced its partnership cooperation Bank BTPN held the 2024 Economic Outlook in accord with the launching of Bank
with PT Manulife Asset Management Indonesia (MAMI), BTPN’s newest innovative product the “ESG Deposit”, at the Grand Ballroom
Indonesia’s largest investment management company of Hotel Indonesia Kempinski, Jakarta. At this year’s Economic Outlook event,
with mutual funds under management (AMU) of Rp45.8 Bank BTPN carried on the headline of “Navigating Through 2024: Strategies for
trillion (as of end of September 2023). Through such Resilience and Growth” which reflected the strategic vision of Bank BTPN to walk
cooperation, Bank would complete its business by together with customers through the challenges of years ahead with resilience and
presenting 7 (seven) Manulife mutual funds to provide facilitate sustainable economic growth.
investment solutions to its customers.
On this occasion, the Secretary of BUMN Ministry, Rabin Indrajad Hattari and
This product consists of one money market mutual funds head of the Fiscal Policy Agency (BKF) of the Finance Ministry of the Republic of
in rupiah denomination, two fixed income mutual funds Indonesia, Febrio Kacaribu, were present as representatives of the government to
in rupiah, one fixed income mutual funds in US dollar, extend the main speeches. Co-Founder of Creco Research Institute, Chatib Basri,
two stock mutual funds in rupiah, and one offshore stock also attended the event to discuss macro-economic prospects during the election
mutual funds in US Dollar, of which the portfolio consists year amidst uncertainties in the global economy. Meanwhile, Yustinus Prastowo
of stocks of global-scale Asian companies. as Special Staff for Strategic Communication of the Finance Ministry conveyed the
fiscal strategy to improve Indonesia’s economic growth in 2024. Closing the event,
Muhammad Qodari as Political Observer and Executive Director of Indo Barometer
talked about Indonesia’s Election period of 28 November 2023 to 10 February 2024.
2023 ANNUAL REPORT PT BANK BTPN Tbk 23
Page 26
Main Highlights
2023 EVENT
HIGHLIGHTS
23 November 30 November-1 December
Jenius of Bank BTPN held a Press Conference on the Bank BTPN held a Year-End Media Gathering 2023 “Back to the Roots:
presentation of Yay Points exchange on the Jenius Visa Credit Get To Know Bank BTPN Again” at De Driekleuru Building, Bandung. The
Card which made it even more complete with the presence event was held as a form of appreciation and gratitude to the media for their
of a travel category for the exchange to KrisFlyer Miles and support and cooperation that have been established and maintained, as well
Traveloka Points. This was a further development after as to further strengthen the relationship between Bank BTPN and the media.
previously, in May 2023, Yay Points were exchangeable with Bank BTPN’s officials also attended the event: President Director Henoch
e-Wallet balance, namely GoPay and OVO. Munandar, Compliance Director Dini Hardini, Head of Wholesale, Commercial,
and Transaction Banking Nathan Christianto, Head of Digital Banking Business
To further maximize the collection of Yay Points, because at Stream Anita Ekasari, and Communications and Daya Head Andrie Darusman.
Jenius #SemuaAdaPinnya (#EverythingHave Points), Jenius
also has the Double Yay program. The Double Yay program A series of activities began with a sharing session for the 22 attending
allows each domestic transaction for selected category and journalists from 11 national media and 11 Bandung local media with speakers
overseas transaction in multiples of Rp10,000 to receive 2 Yay from Bank BTPN. In addition, journalists were given the opportunity to visit
Points (1 Yay Point worths Rp5,000). Not only that, friends of the branch office of Bank BTPN Ahmad Yani to take a closer look at various
Jenius may also receive a bonus of Triple Yay Points (3x Yay activities on health services, benefits for retired customers, as well as a
Points) from a transaction using Jenius Visa Credit Card, with walking tour around Bandung city with Beritabandung.id to visit several typical
minimum accumulated transaction of Rp20,000,000 per month. Bandung culinary spots.
7 December 11-12 December
Bank BTPN held its Extraordinary General Bank BTPN again held an annual event
Meeting of Shareholders (EGMS) on 7 known as “Daya Fest 2023”, on 12-13
December 2023 where the shareholders December 2023. Carrying on the theme
officially approved the following: (1) plans “An Empowerment for A More Meaningful
to withdraw Company shares from buyback Sustainable Life”, a series of activities of
(“Treasury Stock”); and (2) plans for Daya Fest 2023 became one of Bank BTPN’s
Additional Capital Investment by Granting commitments in implementing sustainable
Pre-Emptive Rights II (“PMHMETD II”) development which is inseparable from the
or Rights Issue II, in accordance with role of external stakeholders who conduct
the provisions in the Company Articles business or interact with Bank BTPN, as well
of Association and applicable laws and as in providing education to broaden the
regulations. understanding of sustainability topics for the
community.
24 2023 ANNUAL REPORT PT BANK BTPN Tbk
Page 27
Main Highlights
AWARDS AND
CERTIFICATION
AWARDS
2023 ANNUAL REPORT PT BANK BTPN Tbk 25
Page 28
Main Highlights
AWARDS AND
CERTIFICATION
Awards
Type of
No. Name of Institution of Date Additional Information
Category Awards
Awards Provider
1 4th Anniversary KBMI 3 The Iconomics 17 N/A The award is a form of appreciation to
of Indonesia’s Mobile Banking February innovative institutions in Indonesia’s
Popular Digital 2023 digital sector capable of coping
Products Awards with opportunities, challenges and
2023 competitions from technological
disruption waves. Jenius of Bank
BTPN received the award in the KBMI
3 category, namely a bank with core
capital of more than Rp14-70 trillion for
mobile banking.
2 Triple A Country Sustainable Finance The Asset 23 N/A Bank BTPN received 2 (two) awards for
Awards 2022 2022: February category “Sustainable Finance 2022”.
1. “Best Green 2023 The first for “Best Green Loan” through
Loan” Bank BTPN’s green financing program
2. “Best Local worth US$750 million provided to
Currency Green PT Perusahaan Listrik Negara/PLN (the
Loan” National Electric Company) in December
2022, whereby Bank BTPN and
Sumitomo Mitsui Banking Corporation
(SMBC) act as coordinating mandated
lead arranger and bookrunner, and
green loan coordinator. Under the
same category, BTPN was awarded for
the “Best Local Currency Green Loan”
through the provision of green financing
facility worth Rp1.06 trillion to
PT Kepland Investama since October
2021 where BTPN acts as sole lender.
3 Indonesia Category: WartaEkonomi. 24 Certificate of The awards were given to the public
Public Relations Conventional Bank co.id February Merit relations of companies with outstanding
Award (IPRA) Best Public 2023 role and function in their innovation
2023: Winning Relations in to improve the company’s quality
Economic Company and performance amidst industry’s
Growth through Management on increasingly tight competition and
Consistent Expanding Mass improvement in Indonesia’s economic
Collaboration Market Product and conditions. Bank BTPN received
Services “Best Public Relations in Company
Management on Expanding Mass
Market Products and Services” for
Conventional Bank category.
4 PR INDONESIA Category: Most PR INDONESIA 17 March Certificate of The award was extended to the
AWARDS (PRIA) Popular in Print and 2023 Merit company which has succeeded in
2023 Online Media 2022 obtaining the highest positive exposure
Sub-Category: level in print and online media. Bank
National Private and BTPN received the award for category
Multinational Public “Most Popular” in 2022 print and offline
Companies media, sub-category of National Private
and Multinational Public Companies.
5 Top 100 Most Hanna Tantani, Infobank 05 April NA The awards were extended as a form
Outstanding Top 100 Most 2023 of appreciation and acknowledgement
Women 2023 Outstanding Women to the best women leaders for their
contribution through their experience
and performance in the development of
the institutions/corporations they lead.
Hanna Tantani as Finance Director of
Bank BTPN was in 39th position out of
the 100 Most Outstanding Women.
26 2023 ANNUAL REPORT PT BANK BTPN Tbk
Page 29
Main Highlights
Awards
Type of
No. Name of Institution of Date Additional Information
Category Awards
Awards Provider
6 12th Infobank 1. The Best Bank Infobank 12 April Certificate of The awards were given to institutions
Digital Brand with Digital 2023 Merit, Plate that have succeeded in digitally
Awards 2023 Services (KBMI promoting the company’s brands and
3) – Jenius products in the past year (2022-2023)
2. The 3rd Best of and assessed as one of the best banks
Conventional based on public’s assessment and
Commercial social media feedback on the digital-
Bank’s Deposit based banking products and services.
– BTPN Time Bank BTPN received three awards,
Deposit namely as The Best Bank with Digital
3. The 3rd Best Services (KBMI 3) – Jenius, The 3rd Best
Debit Card of Deposit of Conventional Commercial
Conventional Banks – BTPN Time Deposit, and the
Commercial 3rd Best Debit Card of Conventional
Bank – BTPN Commercial Banks (Jenius).
Debit Card
(Jenius)
7 PPKM Award Certificate of Merit Ministry of 8 May Certificate of The award was extended for the
2023 for COVID-19 Health of the 2023 Merit contribution provided in managing
Handling Republic of COVID-19 in Indonesia. Bank BTPN
Category: Domestic Indonesia was one of 153 award recipients for
Private Institution domestic private institution category.
8 20th Infobank- 1. Jenius - The Infobank 20 June Certificate of The award was extended as a form of
MRI Banking Pioneer of 2023 Merit appreciation to banks for their services
Service Excellent Digital Banking of excellence and customer experience
2023 In Indonesia in 2022, based on reviews by Infobank
(Special Rank) Research Bureau (BiRI) and Marketing
2. The 2nd Best Research Indonesia (MRI). Jenius of
In Service Bank BTPN was awarded with eight
Excellence awards altogether.
3. The 1st Best
Bank With Digital
- Jenius (BTPN)
4. The 1st Best Call
Center
5. The 1st Best
Email
6. The 2nd Best
Mobile Banking
7. The 2nd Best
Chatbot
8. The 2nd Best Live
Chat
9 Best Companies Best Companies HR Asia 27 June Plate & The awards were given to companies
to Work for in to Work for in Asia 2023 Certificate of in Asia with the best performance
Asia 2023 2023 (Indonesia Merit in human resource sector. This is
Region) reflected in the high level of employees
involvement and excellent working
culture. Bank BTPN was one of the
recipients for Best Companies to Work
For in Asia TM 2023 (Indonesia Region)
10 Indonesia Most Indonesia Most HerStory 27 July NA The awards were given as a form of
Powerful Women Powerful Women 2023 appreciation to women leaders who
Awards 2023 2023 in Maximizing have consistently performed innovation,
Digital Technology adaptation, and development in
Utilization to companies of each industrial sector.
Support National Bank BTPN (Hanna Tantani) received
Economic Resilience the award for Indonesia Most Powerful
(Hanna Tantani) Women 2023 in Maximizing Digital
Category: Technology Utilization to Support
Conventional Bank National Economic Resilience in
Conventional Bank category.
2023 ANNUAL REPORT PT BANK BTPN Tbk 27
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Main Highlights
AWARDS AND
CERTIFICATION
Awards
Type of
No. Name of Institution of Date Additional Information
Category Awards
Awards Provider
11 Indonesia Digital Category SWA & 27 July Certificate The awards were extended as a form
Customer FINANCIAL Business Digest 2023 of appreciation to companies assessed
Engagement SERVICE BANK Magazines as successful in managing digital
Champion 2023 Assessment involvement through program strategy,
VERY GOOD innovation and implementation or
performance of excellence in support
of company sustainable growth. Jenius
of Bank BTPN was assessed as “Very
Good” for Bank Financial Service
category.
12 28th Infobank “DIAMOND Infobank 25 August Trophy, The award is a form of appreciation
Award 2023 TROPHY” 2023 Certificate of extended to 62 banks in Indonesia
EXCELLENT Merit assessed for their successful
FINANCIAL performance as “Very Good” on the
PERFORMANCE “2023 Infobank Rating of 106 Banks”.
BANK IN 20 Infobank magazine extended special
CONSECUTIVE awards to 32 banks, namely 9 banks
YEARS (2003-2023) with the Golden Trophy, 4 banks with
& EXCELLENT the Platinum Trophy, 3 banks with the
FINANCIAL Titanium Trophy, 11 banks with the
PERFORMANCE Diamond Trophy and 5 banks with the
BANK IN 2022 Crown Trophy. Bank BTPN received the
Diamond Trophy category award for its
financial performance assessed as very
good in the year 2022 and for the span
of 20 consecutive years (2003-2022).
Bank BTPN was one of the 11 banks
awarded with the Diamond Trophy.
13 Asia Platinum Rank National Center 06 Trophy The award is a form of appreciation
Sustainability for Corporate November for the contribution of companies in
Reporting Rating Reporting 2023 attaining sustainable development
(ASRRAT) 2023 (NCCR) through the implementation of
environmental, social and governance
principles in their business operations.
The assessment is based on the
level of compliance and quality of
their sustainability reporting against
the Global Reporting Initiative (GRI)
standards. There are four award rating,
namely Platinum, Gold, Silver and
Bronze. 2023 is the 3rd year that Bank
BTPN has received a Platinum rating in
a row in its four years of participation in
the event.
14 Top 20 Financial Assessed as “Very The Finance 14 Certificate of This award is a form of appreciation to
Institution Good” for the November Merit banks, general and life insurance as well
Awards 2023 category of Banks 2023 as multi-finance companies that have
with assets worth succeeded in maintaining stable and
Rp100<Rp500 positive growth in performance for 3
trillion financial periods. Bank BTPN received
the award as “Very Good” for category
Best CFO for Bank Banks with assets worth Rp100<Rp500
Category trillion, and for Hanna Tantani as Best
CFO for Bank Category.
28 2023 ANNUAL REPORT PT BANK BTPN Tbk
Page 31
Main Highlights
Awards
Type of
No. Name of Institution of Date Additional Information
Category Awards
Awards Provider
15 Infobank Top Top 100 CEO 2023 Infobank 4 NA This award is a form of appreciation
100 CEO & December to company leaders in such industries
The Next 200 2023 as banking, life insurance, general
Leaders 2023 insurance, multi-financing, State-
Owned Enterprise, and financial sector
support considered to have provided
encouraging results for the companies
they lead. The awarded was given
to President Director of Bank BTPN,
Henoch Munandar.
16 Indonesian Platinum Award Corporate 4 Certificate of This award is dedicated to companies
Sustainable Forum for CSR December Merit in Indonesia regarded as successful
Development Development 2023 in implementing programs that have
Goals Award significantly support 17 Sustainable
2023 Development Goals (SDGs). Bank BTPN
was awarded with Platinum.
17 Detikcom Digital Bank with Detik.com 29 Trophy This award is a form of appreciation
Awards 2023 Most Innovative December to various revolutionary innovations
Features 2023 created by Jenius of Bank BTPN as life
finance solutions for the digital savvy.
Jenius of Bank BTPN was awarded as
Digital Bank with the Most Innovative
Features.
CERTIFICATION
No Name of Certification Time Presented Validity Period Institution of Provider
1 ISO 9001: 2015 28 October 2022 28 October 2025 SGS
Corporate Procurement
& Vendor Governance
2 ISO/IEC 27001:2013 01 July 2023 31 October 2025 BSI Group Indonesia
Retail Account Services
3 ISO 9001:2015 19 January 2023 06 January 2025 TUV Rheinland
Retail Loan Processing
2023 ANNUAL REPORT PT BANK BTPN Tbk 29
Page 32
Page 33
MANAGEMENT
REPORT
33 Report from The Board of Commissioners
38 The Board of Commissioners
41 Report from The Board of Directors
50 The Board of Directors
52 Board of Management
54 Executive Officers
56 Statement Letter of The Board of Commissioners
and Board of Directors Regarding Responsibility for
The 2023 Annual Report of PT BANK BTPN Tbk
Bank BTPN’s positive business
performance in 2023 was the result
of hard work by management
and the supporting organization.
Likewise, the role of shareholders
and regulator, that the Bank’s
operations function smoothly
in compliance with existing
regulations and best business
practices, despite the significant
challenges of business activity.
Page 34
Main Highlights
The Board of
Commissioners considered
that the Board of Directors
was successful in
ensuring that Bank BTPN
performed well. Bank
BTPN’s commitment to
emphasizing prudential
banking standards in
all business decisions
contributed to its strong
performance.
Chow Ying Hoong
President Commissioner
32 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Main Highlights
REPORT FROM
THE BOARD OF
COMMISSIONERS
Dear Shareholders
and Stakeholders,
Under applicable laws and regulations, the Board of The Board of Commissioners would like to express
Commissioners is responsible for supervising and appreciation for this achievement especially because
advising the Board of Directors on the management it demonstrated the Bank’s exceptional resilience and
of the Bank’s business activities. This report is part of adaptability. Similarly, GCG implementation continued
the implementation of statutory regulations governing to improve, which would contributes to the Bank’s long-
the duties and responsibilities of the Board of term business performance.
Commissioners, as well as a form of transparency and
disclosure of information by PT BANK BTPN Tbk (“Bank
BTPN” or “Bank”). DEVELOPMENTS IN THE ECONOMY
AND INDUSTRY
The Board of Commissioners believed that the
management had faced very dynamic conditions in The global recovery process from the consequences
fiscal year 2023, which required quick and appropriate of the COVID-19 pandemic had not been smooth
responses to ensure that the Bank’s performance in 2023. Furthermore, during the recovery process,
would not be harmed by external developments and geopolitical situations such as the ongoing Russian-
global market uncertainty, such as the high interest rate Ukrainian conflict and tensions between Israel and
environment. Palestine posed further challenges to improve the global
economic performance.
Nonetheless, the Board of Directors had responded
well to the evolving situation, resulting in improved These political conflicts continued to influence global
performance for Bank BTPN. The Bank generated a net supply chain activities, therefore many governments
profit attributable to owners of parent entity of Rp2.36 maintained high interest rates to combat possible
trillion. The proportion of low-cost funds, commonly inflation. The global economic recovery process was
known as Current Accounts and Savings Accounts delayed and uneven across different countries.
(CASA), had improved, as did credit disbursement.
China, for example, faced low levels of domestic
demand. Added to this was the burden of the property
sector crisis, which hampered the country’s economic
progress and ultimately contributed to the slowing of
global economic growth.
2023 ANNUAL REPORT PT BANK BTPN Tbk 33
Page 36
Main Highlights
REPORT FROM THE BOARD
OF COMMISSIONERS
Despite adverse global conditions, the Indonesian The implementation of the Bank intermediation function
economy had demonstrated strong resilience. The also continued to improve. As of December 2023,
Central Statistics Agency (BPS) reported a Gross third-party funds (DPK) rose by 3.73% year on year.
Domestic Product (GDP) growth rate of 5.05% in 2023, Meanwhile, bank credit disbursement increased by
slightly less than the 5.31% recorded in 2022. 10.38%. Increased credit/financing disbursement was
driven by rising demand, which coincided with stable
This strong economic performance was aided, among corporate and household economic performance. Credit
other things, by the government’s ability to lower growth was primarily driven by the trade, industrial, and
inflation, which boosted people’s purchasing power. business services sectors
According to BPS data, household consumption grew
by 4.83% in 2023.
ASSESSMENT OF DIRECTORS’
The monetary sector was likewise very stable, despite PERFORMANCE AND BASIS FOR
the fact that Bank Indonesia (BI) raised its benchmark ASSESSMENT
interest rate, the BI 7-Day Reverse Repo Rate (7DRRR),
to 6.00% in October 2023 from 5.75%. Deposit and When examining the Board of Directors’ performance,
lending rates had also risen to 5.25% and 6.75%, the Board of Commissioners took into account the
respectively. Board of Directors’ response to the dynamic external
conditions of 2023. Furthermore, the Board of
The increase in interest rates was part of the measures Commissioners supervised and evaluated the Board
to stabilize the national economy by lowering inflation of Directors’ performance with reference to the Bank
and easing the pressure on the rupiah exchange rate, Business Plan and its revisions, which were prepared
given that industrialized countries still had high interest by the Board of Directors, approved by the Board of
rates. As a result, inflation in December 2023 remained Commissioners, and submitted to the Financial Services
low at 2.61% (yoy), lower than the inflation recorded for Authority (OJK).
2022 at 5.51% (yoy).
Given all of this, the Board of Commissioners
Banking resilience was also well maintained, as considered that the Board of Directors was successful
evidenced by strong capital and minimal credit risk. in ensuring that Bank BTPN performed well. Bank
The capital adequacy ratio (CAR) was recorded at a BTPN’s commitment in emphasizing prudential banking
high level of 27.65% in December 2023. Meanwhile, standards in all business decisions contributed to its
credit risk was under control, with a non-performing strong performance.
loan (NPL) ratio of 2.19% gross and 0.75% net as of
December 2023. This strong performance was demonstrated, among
other things, by an 18.3% increase in interest income
Bank Indonesia’s stress test findings showed that compared to the same period last year (yoy), while net
Indonesia’s banking resilience remained solid in the interest income increased by 3.1% to Rp12.0 trillion.
face of global pressure. BI would continue to strengthen Meanwhile, consolidated operating income increased
policy synergies with the Financial System Stability by 3.1% year on year. Pre-Provision Operating Profit
Committee (KSSK) to mitigate various risks that could (PPOP) reached Rp6.5 trillion, while the Net Interest
jeopardize financial system stability. Margin (NIM) grew to 6.45%.
In 2023, Bank BTPN decided to increase its
loan provisioning as part of its risk management
commitment. This was also in anticipation of the
conclusion of POJK credit restructuring relaxation policy
on 31 March 2024.
34 2023 ANNUAL REPORT PT BANK BTPN Tbk
Page 37
Main Highlights
With this additional provision, credit costs rose to Throughout 2023, the Board of Commissioners met
Rp1.20 trillion, affecting Bank BTPN’s net profit after six times with the Board of Directors. These meetings
tax. On a consolidated basis, the Bank’s net profit reviewed hundreds of agenda items and included input
attributable to parent entity owners was Rp2.3 trillion at from the Board of Commissioners to be followed-up by
the end of 2023, a decrease of 23.8% (year on year). the Board of Directors.
Board of Commissioners’ Supervision The Board of Commissioners could provide advice
on Strategy Formulation and to the Board of Directors outside of meetings as
Implementation well. The Board of Commissioners obtained input
The Board of Commissioners supervised the from committees, which assisted the Board of
management of Bank BTPN by the Board of Directors, Commissioners in performing its duties and functions,
from strategy formulation to implementation. These and the outcomes weree presented to the Board of
actions were monitored through the Bank Business Plan Directors as recommendations.
Realization Indicators.
In carrying out its supervisory and advisory function, OUTLOOK ON BUSINESS PROSPECTS
the Board of Commissioners held joint meetings with
the Board of Directors both on a regular and ad hoc The Board of Commissioners believed that in the
basis. During these joint meetings in 2023, the Board of preparation of business prospects, it was necessary to
Commissioners made recommendations to the Board consider the numerous issues that may have an impact
of Directors, all of which were followed up. The regular on Bank BTPN’s performance. These issues included
joint meetings focused primarily on developments in the internal and external conditions, such as the impact
Bank’s performance indicators. of environmental changes on business, products, and
technology. A SWOT analysis (strengths, weaknesses,
The Board of Commissioners believed that in 2023, the opportunities, and threats) was conducted on the
Board of Directors performed effectively in terms of Bank’s competitive position taking into consideration
strategy formulation and execution, as indicated by the the Bank’s business position in the banking industry,
Bank’s strong performance during the fiscal year. For financial performance, organizational structure,
this reason, the Board of Commissioners would like to infrastructure, managerial capabilities, and human
express gratitude not only for the outcomes, but also resource availability.
for the efforts of the Board of Directors, in collaboration
with the bank staff at all levels of the organization, in This consideration included an analysis of all alternative
developing and implementing strategies. strategies in light of the Bank’s strategic objectives, risk
tolerance, and long-term goals. From this process, the
Frequency and Method of Providing Bank’s business prospects were identified, including,
Advice among other things, the potential for credit and funding
Aside from supervising, the Board of Commissioners expansion, increased company profitability, corporate
regularly monitored and advised the Board of action plans, and business objectives.
Directors. This was accomplished by submitting
recommendations, either directly in meetings between The Board of Commissioners had also determined that
the Board of Commissioners and the Board of 2024 would be a difficult year for the Board of Directors
Directors or through committees under the Board of owing to the general elections for Indonesia president
Commissioners. and vice president, legislative members, and regional
leaders.
As a result, the Board of Commissioners urged the
Board of Directors to continue monitoring company
developments and anticipate potential issues in
2024. Furthermore, the Board of Commissioners
gave frequent feedback on the implementation of
good corporate governance (GCG) and anti-fraud
management, as well as regular monitoring of Bank
BTPN’s performance.
2023 ANNUAL REPORT PT BANK BTPN Tbk 35
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Main Highlights
REPORT FROM THE BOARD
OF COMMISSIONERS
IMPLEMENTATION OF CORPORATE Furthermore, any reports of fraud involving the
GOVERNANCE Board of Commissioners/Board of Directors/Board
of Management (BoM)/Executive Officers or Bank
The Board of Commissioners viewed the Financial Statements could be reported to the Audit
implementation of good corporate governance (GCG) Committee or the Risk Monitoring Committee. The
standards as a solid foundation in maintaining the committee would make decision based on the finding in
sustainability of Bank BTPN’s business. Banking was a accordance with applicable regulations.
financial services industry that operated on the basis of
stakeholder trust. The Board of Commissioners believed that the WBS
implementation at Bank BTPN was adequate and
Given the importance of adopting GCG principles, the working smoothly.
Board of Commissioners, in addition to constantly
monitoring their execution, was actively involved in the Assessment of Committees under the
governance process. Bank BTPN conducted semi- Board of Commissioners
annual and annual comprehensive evaluations of the Until the end of the 2023 fiscal year, the Board of
implementation of GCG. Commissioners of Bank BTPN (bank-only) was assisted
by four committees: Audit Committee, Remuneration
In fiscal year 2023, the self-assessment of Bank BTPN’s and Nomination Committee, Risk Monitoring
GCG implementation was graded “Rank 2, the same as Committee, and Corporate Governance Committee. All
the previous year. The findings of this assessment were committees were responsible for performing reviews
an integral aspect of the governance implementation and supervision in accordance with the roles and
report. responsibilities outlined in their individual committee
work rules and charters.
An independent party also evaluated Bank BTPN’s GCG
in accordance with international standards, specifically Every year, the Board of Commissioners would
the ASEAN Corporate Governance Scorecard (ACGS). assess the performance of these committees. This
In 2023, Bank BTPN’s total score (overall score) for assessment’s parameters or criteria include, among
GCG practices implemented in 2022 was 99.19 points. other things, meeting attendance. This was significant
because the recommendations made at the meeting
Overall, Bank BTPN’s GCG application achieved the would be used by the Board of Commissioners to
“Very Good” rating, or Level 4 (90.00-100.00). Achieving perform its supervisory duties.
this rating indicated that Bank BTPN’s implementation
of GCG principles met all international requirements as Aside from that, the committee’s assessment also
outlined by the ACGS standards. took into account the results of the recommendations,
which demonstrated the committee’s competency. In
Whistleblowing System Implementation implementing these assessment parameters in 2023,
The Board of Commissioners fully supported the the committees also visited branch offices to check on
implementation of the Whistleblowing System (WBS) adherence to Bank BTPN’s compliance and governance
within Bank BTPN. The Board of Commissioners, framework.
in its function as the Audit Committee, conducted
direct inspections of the complaint channel and its In light of these parameters, the Board of
management at any time as needed. Commissioners considered that the performances of the
committees under its purview were acceptable. These
committees had given the Board of Commissioners its
full support in carrying out its tasks and functions.
36 2023 ANNUAL REPORT PT BANK BTPN Tbk
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CHANGES IN BOARD OF APPRECIATION
COMMISSIONERS COMPOSITION AND
THE REASONS Bank BTPN’s positive business performance in 2023
was the result of hard work by management and
The Board of Commissioners’ composition changed the supporting organization. As a result, the Board
in 2023. The Annual General Meeting of Shareholders of Commissioners would like to extend our heartfelt
(GMS), convened on 13 April 2023, approved Irwan gratitude to the Board of Directors and all staff who had
Mahjudin Habsjah’s resignation as Independent helped make this happen.
Commissioner, effective as of the close of the GMS.
Bank BTPN would like to extend its heartfelt gratitude The Board of Commissioners would also like to thank
and appreciation for the services rendered during his the shareholders for giving them the chance to be
period in office. part of Bank BTPN’s business activities. Similarly,
with the direction and guidance offered, the Board of
At the same time, the GMS designated Onny Commissioners could carry out its tasks and activities
Widjanarko as Independent Commissioner of Bank effectively. Meanwhile, the Board of Commissioners
BTPN. Thus, the Board of Commissioners’ composition would like to thank the regulator for their assistance
till the conclusion of the fiscal year 2023 was as follows: and supervision in ensuring that the Bank’s operations
function smoothly in compliance with existing
regulations and best business practices, despite the
Position Name significant challenges of business activity.
President Commissioner Chow Ying Hoong
The Board of Commissioners would like to thank our
Commissioner Takeshi Kimoto
other stakeholders for their continued cooperation. It
Independent Commissioner Ninik Herlani Masli Ridhwan was with the support of stakeholders, the Management
Independent Commissioner Onny Widjanarko could achieved the strong business results for the fiscal
Independent Commissioner Edmund Tondobala year 2023.
Commissioner Ongki Wanadjati Dana
Jakarta, March 2024
On behalf of the Board of Commissioners,
Chow Ying Hoong
President Commissioner
2023 ANNUAL REPORT PT BANK BTPN Tbk 37
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Main Highlights
THE BOARD
OF COMMISSIONERS
1
2
1. Chow Ying Hoong
3 President Commissioner
2. Onny Widjanarko
Independent Commissioner
3. Ongki Wanadjati Dana
Commissioner
38 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Main Highlights
4
5
6
4. Edmund Tondobala
Independent Commissioner
5. Ninik Herlani Masli Ridhwan
Independent Commissioner
6. Takeshi Kimoto
Commissioner
2023 ANNUAL REPORT PT BANK BTPN Tbk 39
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Main Highlights
Despite continuing severe
external conditions in 2023,
Bank BTPN was able to
achieve encouraging results.
The Bank’s loan growth was
strong, liquidity and funding
levels remained healthy, and
the capital adequacy ratio
was high.
Bank BTPN intends to
accelerate its growth while
remaining optimistic about
the economy by providing
sustainable financial services
solutions for all segments,
supported by cutting-edge
digital technology, and
incorporating sustainability
values into every step we
take to continue bringing
positive change to
customers.
Henoch Munandar
President Director
40 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Main Highlights
REPORT FROM
THE BOARD
OF DIRECTORS
Dear Shareholders
and Stakeholders,
Please allow us to submit the Annual Report of PT Nonetheless, Indonesia’s economy has proven to be
BANK BTPN Tbk (“Bank BTPN”, “Bank”) for fiscal year extremely resilient. The Central Statistics Agency (BPS)
2023 as part of the implementation of good corporate reported that Gross Domestic Product (GDP) increased
governance principles. Despite numerous challenges by 5.05% in 2023, down slightly from 5.31% in 2022.
throughout the fiscal year, the Bank achieved favorable
results. The national banking industry remained resilient. This
was mostly evidenced in a high capital level and low
The Bank’s external dynamics include, for example, the credit risk. Commercial banks’ capital adequacy ratio
uneven rate of the world economy’s recovery following (CAR) stood at 27.65% in December 2023. Credit risk
the impact of the COVID-19 epidemic. Aside from that, was also under control, as evidenced by the low non-
there were rising geopolitical tensions, which raised performing loan (NPL) rates of 2.19% (gross) and 0.75%
the prospect of global interest rates remaining high (net) per December 2023.
for an extended period of time (the higher-for-longer
phenomenon), thus pushing up global inflation rates. Stress tests undertaken by Bank Indonesia (BI)
demonstrated that banking resilience remained high
Central banks the world over, and particularly in in the face of global pressures. Aside from that, BI
industrialized countries, sought to keep inflation under continued to pursue policy synergy with the Financial
control by implementing restrictive monetary policy Sector Stability Committee (KSSK) to mitigate various
throughout the year. This, in turn, exerted pressure on risks that could threaten the financial system stability.
economic performance.
The improvement in banking intermediation continued.
Indonesia, like many other nations, had been dealing As of November 2023, third-party funds (DPK) had
with the long-term effects of the Covid-19 pandemic increased by 3.73% annually (year on year/yoy),
and ways to manage it. Among other things, Bank whereas bank credit increased by 10.38% year on
Indonesia had hiked the benchmark interest rate in year. The growth in credit/financing was driven by
order to curb inflationary pressures and stabilize the increased demand for credit, which coincided with
rupiah. The tight monetary policy imposed a strain on stable corporate and household performance. Credit
the economy. growth was primarily driven by the trade, industrial, and
business services sectors.
2023 ANNUAL REPORT PT BANK BTPN Tbk 41
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REPORT FROM THE BOARD
OF DIRECTORS
Bank BTPN achieved acceptable results despite These factors also promoted more economic volatility.
continuing adverse external conditions in 2023. At the The Israel-Hamas conflict had the potential to grow,
end of year, the Bank reported solid credit growth. The putting pressure on global financial performance,
increase occurred mostly in the corporate segment, inflation, and energy prices.
which expanded by 7.6% annually (yoy), as well as the
small and medium businesses (SME) segment, Jenius, In the financial markets, the Federal Reserve’s (The Fed)
and Joint Finance which rose by 17.7%, 131.1%, and interest rate hike put additional pressure on the rupiah
681.7%, compared to the previous year. and the Indonesian economy. Similarly, rising inflation
owing to increased commodity and energy prices had
Thus, Bank BTPN’s Growing Business group rose by impeded economic growth. As a result, raising the
9.5% (year on year). However, Transforming Business benchmark interest rate in an effort to lower inflation
declined by 4.1%, resulting in a 7.1% increase in total might increase the risk of a crisis.
consolidated credit disbursed by Bank BTPN as of the
end of December 2023 to Rp156.6 trillion, from Rp146.1 Internally, Bank BTPN continued to face pressure in its
trillion at the end of December the previous year. Transforming Business lines, where the Bank needed
to properly manage businesses that are classified as
In terms of capital, Bank BTPN began raising additional mature.
capital in the fourth quarter of 2023 via the Rights Issue
with Pre-emptive Rights II (PMHMETD II). The proceeds Target Markets, Strategy and Strategic
from the public offering (after deducting emission Policies, and Their Implementation
expenses) were intended to fund future Bank projects In 2023, Bank BTPN’s target market was to focus
that stimulate corporate growth. on serving the retail and mass market segments
consisting of retirees, micro, small, and medium
Included in the planned utilization of these funds is the enterprises (MSMEs), productive underprivileged
acquisition of 2 (two) multifinance companies, namely communities, consuming class segments, as well
PT Oto Multiartha and PT Summit Oto Finance. The as the corporate segment. This business focus was
acquisition is expected to be completed in the first supported by the Bank’s business units, namely BTPN
quarter of 2024. Wealth Management Business – a funding and wealth
management business unit that focuses on the growth
of third-party funds from the middle to upper-income
PERFORMANCE IN 2023 individual segment.
Challenges and Obstacles Another business unit that supports achieving market
Throughout 2023, Bank BTPN was able to overcome targets is BTPN Retail Lending, which focuses on
the challenges in the implemention of its business serving retirees, pre-retirees, and micro-business
development strategy. Among them, global market customers. Then, BTPN Business Banking – which
instability that could have an impact on the domestic focuses on serving small and medium businesses,
economy in 2023-2025. Even though incidences of the Jenius for the consuming class segment via digital
COVID-19 pandemic had declined, new varieties might platforms, as well as a corporate business unit, which
impede economic recovery by limiting people’s social focuses on serving large national, multinational,
activities should cases increase. commercial, and Japanese companies.
Similarly, global political tensions and ongoing hostilities Additionally, Bank BTPN has a subsidiary, PT Bank
between countries had influenced commodity supplies BTPN Syariah Tbk, which focuses on serving customers
and prices in 2023. The conflict between Russia and from productive, underprivileged communities. Through
Ukraine continued to strain global supply systems, the Daya program, a sustainable and measurable mass
putting further pressure on commodities and energy market empowerment initiative, Bank BTPN regularly
prices. provides training and information to increase customer
capacity to grow and get opportunities for a better life.
42 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Main Highlights
In general, several strategies and strategic policies were After the business plans, budgets, and goals were
implemented by the Bank in the 2023 financial year, developed and approved, the KPIs (Key Performance
namely: Indicators) were next to be developed. This technique
1. Growing loans by setting a risk appetite that is in helped the management monitor the Bank’s
line with Bank’s objectives and by encouraging performance using more practical and measurable
distribution through the value chain. indicators (qualitative and quantitative).
2. Increasing the retail customer base and revenue
by enhancing Jenius’ capabilities as a platform The Board of Directors periodically evaluated these KPIs
and wealth management, optimizing distribution to verify that plans and strategic policies were operating
channels, collaboration across line of business effectively in order to meet corporate objectives. The
(LOB), and strategic partnerships with the market material for the monthly Board of Management (BOM)
ecosystem. Meeting covers the evolution of financial KPI successes.
3. Increasing Current Account and Savings Account
(CASA) and fee-based and foreign exchange Every quarter, the Business Plan Realization Report
income by developing customer value propositions, included details on monitoring and evaluation. This
capabilities, products and services. document contained follow-up actions or efforts that
4. Investing in talent and instilling a high-performance, should be taken to improve the implementation of the
trust-based culture. business plan.
5. Implementing operational excellence bank-wide by
implementing digitalization and process excellence. The process just described demonstrated that the Bank
6. Optimizing resources use and return on assets. BTPN Board of Directors had been involved, starting
7. Developing optimized value propositions and from the formulation of strategies to meet the Bank’s
collaboration to the level permitted by regulators objectives. The Board of Directors also carried out
with BTPN Syariah, SMBC’s subsidiary in regular monitoring of the implementation of strategies
Indonesia, and SMBC’s global network. and strategic policies through KPI achievement
8. Developing information technology operational evaluation meetings.
excellence and continue to build digital and cyber
security capabilities. Comparison between Achievements and
9. Continuing to strengthen our Human Resources, Targets
Risk Management, Compliance, and GCG in Bank BTPN’s successful implementation of the 2023
support of business growth. strategy and strategic policies had resulted in strong
bank performance, as indicated by its interest income,
Role of the Board of Directors which increased 18.3% year on year (yoy) to Rp18.8
in Strategy and Strategic Policy trillion during the fiscal year. Meanwhile, net interest
Formulation and Efforts to Ensure income was Rp12.0 trillion, up 3.1% from the previous
Strategy Implementation year and 99.8% from the target set.
When Bank BTPN was preparing the Bank Business
Plan (RBB), the process included Board of Directors’ The Net Interest Margin (NIM) was recorded at 6.45%,
meetings that review company objectives, budgets, and up from 6.36% in the prior year. The increase in net
risks. Similarly, the strategy’s applicability to the budget interest income was driven by growth of 7.6% in
and business objectives, as well as the Bank’s risk corporate segment loans, 17.7% in SME financing,
appetite, must be considered. The study was conducted and 131.1x% in Jenius lending as well as Joint Finance
to provide suggestions and strategic priorities based on financing of 681.7%.
the principle of prudence and the implementation of risk
management with complete coverage. Overall, the total credit disbursed by Bank BTPN
in 2023 was Rp156.6 trillion, 7.1% higher than the
previous year. Meanwhile, in terms of credit quality, the
Bank’s Non-Performing Loans (NPL) were 1.36%, down
from 1.43% previous year. Compared to the target, the
achievement in loan disbursement is 97.8%.
2023 ANNUAL REPORT PT BANK BTPN Tbk 43
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REPORT FROM THE BOARD
OF DIRECTORS
The Bank’s operating income for the year also increased c. Provide supply chain financing through internal
by 3.1%, on the strength of the growth in net interest collaboration with Wholesale Banking and
income as well as a 3.0% (yoy) increase in other Corporate Japan.
operating income. Meanwhile, Pre-Provision Operating d. Provide loans to new SME target markets en
Profit (PPOP) totaled Rp6.5 trillion. masse through digital channels, namely the
SME Digital platform.
In 2023, Bank BTPN decided to make additional loan e. Provide loans through the Pension Portfolio to
provisioning, including in anticipation of the conclusion low-income customers who meet the criteria in
of POJK credit restructuring relaxation policy on 31 the RPIM calculation.
March 2024.
2. Financing through Financial Institutions
With this additional provision, credit costs increased a. Financing through People’s Economic Banks
by Rp1.2 trillion. This, in turn, had an impact on Bank (BPR) - previously known as People’s Credit
BTPN’s net profit after tax (consolidated) attributable to Banks - with a loan “implementation” scheme
the owners of the parent entity, which was recorded at for MSMEs.
Rp2.36 trillion, or 23.8% lower than the previous year, b. Financing through multi-finance companies
and represented a 97.3% achievement rate against the and peer-to-peer (P2P) through a loan
target. channeling scheme.
In terms of fund collection, the Bank’s CASA was 3. Financing through SBPI (Inclusive Financing
recorded at Rp44.2 trillion, growing 10.0% compared to Securities)
the previous year. Thus, the CASA ratio in 2023 rose to This initiative is carried out through the Treasury
40.8%, from 35.0% in 2022. Meanwhile, time deposits Department by exploring the issuance or purchase
declined by 14.3% to Rp64.0 trillion. Overall, third-party of SBPI/bonds.
funds declined by 5.8% (yoy) to Rp108.2 trillion.
The implementation of these initiatives resulted in a
Commitment to MSME Development RPIM ratio of 29.14% at the end of December 2023.
Bank BTPN continued to lend to Micro, Small, and This achievement was an improvement from the
Medium Enterprises (MSMEs) as part of its commitment previous year’s realization of 24.57%.
to sustaining inclusive services and supporting
businesses that contribute to the national economy.
As a result, the Bank had developed a strategy plan BUSINESS OUTLOOK
to meet the Macroprudential Inclusive Financing Ratio
(RPIM) requirement for MSME lending based on three The global economy is forecast to rise 3.0% in 2024,
financing pillars, namely: aided by the strengthening of the US and Indian
1. Direct Financing & Supply Chain Financing economies in tandem with increased consumption
a. Scale up the MSME business by improving and investment. The economic downturn in China, as
existing services and product offerings and well as the decline in economic growth that occurred
optimizing the branch network. in the United Kingdom and Japan for two consecutive
b. Provide loans to small and medium enterprises quarters, are projected to continue in 2024, potentially
(SME) and commercial and corporate reducing global economic growth prospects. The risk
customers who distribute loans to the MSME of global inflationary pressure could stem from the
supplier/buyer network. escalationn of global geopolitical conflicts, which could
lead to an increase in energy commodity prices. Aside
from that, weather disturbances have the ability to
exacerbate the risk of global and domestic inflation.
44 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Main Highlights
The downward trend in the benchmark interest rate in To ensure compliance with evolving legislation,
the United States is predicted to begin in the second Bank BTPN continued to make progressive changes
semester of 2024, owing to the country’s considerable and revisions to policies, procedures, and other
inflation pressure. The increase of the dollar index implementing guidance for good corporate governance
weakened developing countries’ currency rates versus (GCG) within the Bank. Bank BTPN’s application
the US. This makes Bank Indonesia cautious about of GCG applied not only to all levels of the Bank’s
when to begin the cycle of lowering the domestic structure, but also to entities within the business group,
benchmark interest rate, due to the increasing risk of and was carried out through regular coordination in
fluctuations in the Rupiah exchange rate against the audit, risk, finance, and compliance.
Dollar, which is still relatively high, even though the risk
of domestic inflation remaining relatively stable at 2.6% In accordance with POJK Number 21/POJK.04/2015
YoY in 2023. and Financial Services Authority Circular Letter
(SEOJK) Number 32/SEOJK.04/2015 concerning Public
Inflation in 2024 is expected to be in the range of Company Governance Guidelines, Bank BTPN had
2.5% with a deviation of 1%. Domestic economic also implemented aspects and principles of corporate
growth is estimated to be in the range of 4.7%-5.5% governance on the basis of the “comply or explain”
YoY for 2024, supported by domestic demand which approach.
is supported by the holding of elections, as well as
increased investment, especially buildings in line To strengthen its governance structure, Bank BTPN
with the continued development of National Strategic initiated the formation of a Board of Commissioners
Projects (PSN) including the Archipelago Capital (IKN) Committee, known as the Governance Committee, in
. Credit growth in 2024 is predicted to increase in the 2023. This committee oversees and analyzes the audit,
range of 10-12% YoY. risk management, finance, compliance, and governance
functions of the Bank’s financial group.
Bank BTPN predicts growing competition in the
collection of Third Party Funds (DPK), which will result In addition, the Bank had established two Board
in gradual adjustments to interest rates on customer of Directors Committees. The first was the Fraud
deposits and loans. In these settings, the Bank will Committee, charged with following up on investigation
seek preserve its resilience and ability to absorb various reports relating to fraud occurrences, determining
possible risks as the global economic climate evolves. sanctions for parties directly or indirectly implicated
in fraud incidents, and determining necessary legal
Bank BTPN also seeks inorganic growth to meet its actions to be done. The second was the Sustainability
long-term objectives. To that end, the Bank intends to Committee, charged with formulating strategies,
carry out a rights issue in Quarterly I 2024 to purchase policies, and targets, as well as supervising, evaluating,
51% of the shares of PT Oto Multiartha (OTO) and and providing suggestions related to Bank BTPN’s
PT Summit Oto Finance (SOF). The Bank believes that implementation of sustainable financing.
this corporate action will open up various potential
synergies between entities in the group. GCG concepts were also visible in vendor selection
procedures, anti-corruption programs, whistleblowing
mechanisms, and internal controls. Bank BTPN already
IMPLEMENTATION OF CORPORATE had policies in these areas, supported by frequent
GOVERNANCE evaluations.
In 2023, the Financial Services Authority (OJK) To ensure that Bank BTPN’s GCG implementation had
released OJK regulation (POJK) Number 17, which complied with applicable rules, the Bank conducted
replaced POJK Number 55/POJK.03/2016 on the a self-assessment in 2023, which was graded “Rank
Implementation of Governance for Commercial Banks. 2” (2022: 2). The findings of this assessment were
The regulation attempts to strengthen governance an integral aspect of the governance implementation
while also encouraging banks to improve governance report.
implementation.
2023 ANNUAL REPORT PT BANK BTPN Tbk 45
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REPORT FROM THE BOARD
OF DIRECTORS
Bank BTPN also appointed an independent party
to review GCG implementation in accordance with Our Net Zero Transition Plan
ASEAN Corporate Governance Scorecard (ACGS)
guidelines. In 2023, Bank BTPN’s overall score for GCG
implementation in 2022 was 99.19 points.
2023 Scope 3
Disclose mid. to long-term goals
Overall, the assessment results of Bank BTPN’s GCG
implementation received the rating of “Very Good”, or
2030 Scope 1 & 2
Level 4 (90.00-100.00). This achievement meant that Net zero GHG emissions
the implementation of GCG principles at Bank BTPN (Own operations)
had complied with all international requirements in
accordance with the standards set by ACGS. 2040 Zero balance for loans extended
to coal-fired power plants
IMPLEMENTATION OF CORPORATE 2050 Scope 3
SOCIAL AND ENVIRONMENTAL Achieve Net Zero GHG emissions
RESPONSIBILITY (Loan & investment portfolio)
The Bank implemented social and environmental
responsibility by referring to sustainable financial
reporting standards as stated in OJK Regulation
Number 51/POJK.03/2017 concerning the
Implementation of Sustainable Finance for Financial To achieve its sustainability commitment, Bank BTPN
Services Institutions, Issuers, and Public Companies. A had developed the following sustainability strategy:
full report had been prepared and presented separately 1. Development of Sustainable Financial
from this annual report. Product Innovations
As a financial services provider, Bank BTPN is
The Bank is firmly committed to supporting national committed to actively developing and promoting
economic growth while managing climate impacts an economic system based on economic, social,
through integration between the green economy and and environmental sustainability. As a result, Bank
the Bank’s business model framework. With this focus, BTPN continues to develop innovative sustainable
Bank BTPN aimed to ensure that the measures taken financial products in accordance with sustainability
benefit the national economy while also positively policies and the Sustainable Finance Action Plan
impact on sustainability efforts, climate change (RAKB).
management, and environment preservation.
The Bank is committed to being not only a
Bank BTPN, as part of the SMBC Group, strengthens successful financial institution but also a participant
its commitment to supporting the SMBC Group’s in the development of a sustainable and inclusive
sustainability policy goal in achieving the Net Zero economy for the entire community by applying
Emission (NZE) target for the Bank’s operating activities sustainable finance practices. This commitment is
in 2030 and the NZE target for loans and portfolios reflected in the Bank’s support for environmentally
by 2050. This pledge represents the SMBC Group’s friendly financing facilities for economic activities
contribution to a sustainable world, as well as its unique or projects targeted at lowering greenhouse gas
action to combat climate change and promote a better emissions and promoting sustainable economic
society in accordance with the “Paris Agreement” goal development.
to reach net zero emissions.
46 2023 ANNUAL REPORT PT BANK BTPN Tbk
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The realization of sustainable financing to date This year, Bank BTPN had also launched a special
includes financing the first wind power plant in sustainability channel on the Bank’s official website,
Indonesia with a capacity of 75MW located in namely https://www.btpn.com/id/tentang-kami/
Sidrap, South Sulawesi. There is also the Cirata keberlanjutan, as an initiative to support and strengthen
Floating Solar Power Plant construction project, transparency of information related to sustainability
West Java, which is the first large-scale solar power policies and performance. Meanwhile, periodically and
plant project in Indonesia. in accordance with OJK regulations, the Bank published
a Sustainability Report separately from this Annual
2. Employee Capacity Development Report.
Bank BTPN manages its human resources using
sustainability principles to generate long-term
value for the Bank, its employees, and society HUMAN RESOURCE DEVELOPMENT
as a whole. Human resource management is
carried out in a manner that considers factors of In 2023, Bank BTPN’s Human Resources (HR)
welfare, diversity, and inclusion, as well as fair management and development were primarily focused
and transparent treatment. Bank BTPN aspires on creating talent resources to enable long-term
to establish a decent work environment that can organizational growth. As a result, the Bank’s Human
enable its employees to have a positive impact on Resources Directorate had launched a number of major
society (#MoreThanAJourney). programs to attract, develop, and retain talent. Among
them are:
3. Implementation of Sustainable Finance 1. Organizational Development
Principles in Organization and Governance This consists of organizational review, which
Bank BTPN integrates principles of sustainability include organizational review, employee
into its business operations through the adoption engagement programs, diversity and inclusion, as
of environmentally friendly practices. The Bank is the ongoing adoption and evaluation of flexible
promotes a sustainable culture by working to work locations. In accordance with the talent
preserve energy, cut carbon emissions, and management process, the Bank has conducted
achieve net zero emissions (NZE) of greenhouse talent profile assessments and succession
gases (GHG) in scopes 1 and 2 by 2030. planning, as well as establishing development
programs for successor candidates, such as
Internal operational management’s efforts to foster training, coaching, and other programs.
energy efficiency culminated in 2023 with the
installation of solar panels at the Gunung Sahari In terms of the employee engagement initiative,
branch office. Bank BTPN useds New Renewable the Bank will conduct an employee engagement
Energy (EBT) to meet its branch electricity survey again in 2023, with the participation of all
demands. employees. Meanwhile, the Bank is continuing to
implement the flexible work location framework for
In addition, Bank BTPN aimed to achieve net zero GHG the next batch of employees.
emissions scope 3 by 2050. This policy demonstrated
the Bank’s commitment to helping to mitigate climate 2. Talent Development.
change by considerably lowering its carbon footprint in The Bank is devoted to managing human resources
operations and business activities. and consistently improving its quality, which is
achieved by improving employee competency in
technical, non-technical, and leadership areas. The
Bank also adheres to the principles of prioritization
and equitable allocation of HR work competencies.
2023 ANNUAL REPORT PT BANK BTPN Tbk 47
Page 50
Main Highlights
REPORT FROM THE BOARD
OF DIRECTORS
To assist the overall learning management and INFORMATION TECHNOLOGY
employee training process, the bank provides a DEVELOPMENT
learning management system that can be accessed
via the Darwinbox HRIS platform. This initiative is The management and development of Bank BTPN’s
expected to improve the experience of Bank BTPN information technology (IT) in 2023 was part of the
employees while accessing the Bank’s e-learning, Mid Term Plan (2022-2025). The emphasis was on
which is presently available via mobile phones. increasing digital capabilities and cyber resilience,
strengthening IT governance, and actively aiding the
In addition, the Bank ensures that employees Bank in meeting its business objectives and directions.
fulfill the mandatory banking and professional
certification according to competency requirements Among significant accomplishments in the fiscal year
in their respective positions. were:
1. Stabilization of the IT system following the
3. Human Resource System. consolidation of the Bank’s core banking system,
In 2023, the Bank had plans to adopt automation which simplified system management and allowed
initiatives and digital transformation activities the Bank to provide digital solutions, especially for
throughout the cycle of human resources the corporate segment. Core banking can also help
management and processes for employees. The to structure corporate banking transactions and
Bank had introduced new technologies, including operations more efficiently.
the Human Resources Core System, HR Mobile 2. Improvement in credit card system services by
Platform, and the creation of an HR Dashboard. expanding infrastructure capacity and incorporating
new features into the core credit card system that
4. Review of Employee Remuneration and is integrated in the Jenius digital platform. Through
Benefits this initiative, Bank BTPN can provide more
In keeping with its objective of attracting, comprehensive digital credit card services.
developing, and retaining talent, the Bank 3. Ensuring the availability of IT talent to support the
consistently reviewed employee salary and ongoing development of BTPN’s digital products
benefits. This effort was made to ensure that Bank and the digitalization of processes at Bank BTPN.
BTPN remained competitive in the talent market 4. Managing and strengthening Bank BTPN’s cyber
while also adapting to market changes. capabilities to ensure the effective protection of
client data and transactions.
5. Conducted the consolidation, rejuvenation, and
phasing-out of the Bank’s applications to make the
IT service portfolio more effective and nimble in
supporting the Bank’s operations.
CHANGES IN THE COMPOSITION OF
THE BOARD OF DIRECTORS AND THE
REASONS
During 2023, there were 2 (two) changes to the
composition of the Board of Directors. First, the Annual
General Meeting of Shareholders (GMS) held on 13 April
accepted Kan Funakoshi’s resignation as Director of
the Bank. On the same occasion, the GMS appointed
Atsushi Hino as Director for a term of office until the
closing of the Bank’s Annual GMS in 2025.
48 2023 ANNUAL REPORT PT BANK BTPN Tbk
Page 51
Main Highlights
Second, the Extraordinary GMS accepted Hiromichi APPRECIATION FOR STAKEHOLDERS
Kubo’s resignation as Director of the Bank. The EGMS
also appointed Keishi Kobata as Director of the Bank Bank BTPN performed well in 2023, despite the fact
for a term of office until the Company’s Annual GMS in that external situations remain dynamic and challenging.
2025. This accomplishment was made possible by the help of
various parties, both inside and external to the Bank.
Bank BTPN wishes to convey its heartfelt gratitude
and appreciation to the former Directors for the The Board of Directors wishes to thank the Board of
services they gave throughout their tenure. The Bank Commissioners and Shareholders for their guidance and
also welcomes the new members to the Board of trust in managing the Bank’s commercial operations.
Directors; let us work together to improve the Bank’s Similarly, the regulators for their guidance.
performance. The makeup of the Board of Directors as
of the end of the fiscal year 2023 is as follows: Employees who have given all of their resources to
supporting the Bank’s achievements are likewise much
appreciated. This includes other stakeholders, such as
Position Name customers and business partners, with whom we have
previously collaborated successfully; we appreciate
President Director Henoch Munandar
your support. Bank BTPN hopes that interaction with
Deputy President Director Darmadi Sutanto
internal and external stakeholders will be even better
Deputy President Director Kaoru Furuya next year.
Director Dini Herdini
Director Atsushi Hino
Director Keishi Kobata
Director Merisa Darwis
Director Hanna Tantani
Jakarta, 28 February 2024
On behalf of the Board of Directors,
Henoch Munandar
President Director
2023 ANNUAL REPORT PT BANK BTPN Tbk 49
Page 52
Main Highlights
THE BOARD
OF DIRECTORS
1
2
4
3
1. Henoch Munandar
President Director
2. Atsushi Hino
Director
3. Keishi Kobata
Director
4. Merisa Darwis
Director
50 2023 ANNUAL REPORT PT BANK BTPN Tbk
Page 53
Main Highlights
5
6
7
8
5. Darmadi Sutanto
Deputy President Director
6. Hanna Tantani
Director
7. Dini Herdini
Compliance Director
8. Kaoru Furuya
Deputy President Director
2023 ANNUAL REPORT PT BANK BTPN Tbk 51
Page 54
Main Highlights
BOARD
OF MANAGEMENT
1
2
3
5
4
1. Helena
Head of Wealth Management Business and
Network & Distribution
2. Nathan Christianto
Head of Wholesale and Commercial Banking
3. Sendiaty Sondy
Head of Risk Management
4. Jeffrey C. Tjoeng
Head of Business Banking
5. Purnomo B. Soetadi
Head of Retail Lending Business
52 2023 ANNUAL REPORT PT BANK BTPN Tbk
Page 55
Main Highlights
6
7
8
9
10
6. Jeny Mustopha
Head of Information Technology
7. Nurhajati Soerjo Hadi
Head of Internal Audit
8. Wiwig Santoso
Head of Treasury
9. Mira Fitria
Head of Human Resources
10. Irwan Sutjipto Tisnabudi
Head of Digital Banking
2023 ANNUAL REPORT PT BANK BTPN Tbk 53
Page 56
Main
Laporan
Highlights
Manajemen
EXECUTIVE
OFFICERS
54 2023
LAPORAN
ANNUAL
TAHUNAN
REPORT
2023 BANK
PT PT BTPN
BANK TbkTbk
BTPN
Page 57
Main Highlights
2023 ANNUAL REPORT PT BANK BTPN Tbk 55
Page 58
Main Highlights
STATEMENT LETTER OF THE BOARD
OF COMMISSIONERS AND BOARD OF
DIRECTORS REGARDING RESPONSIBILITY
FOR THE 2023 ANNUAL REPORT
OF PT BANK BTPN TBK
We, the undersigned, declare that all information contained in the 2023 Annual Report of
PT BANK BTPN Tbk has been presented in their entirety, and that we assume full responsibility for the accuracy
of the contents of the Annual Report of PT BANK BTPN Tbk.
This statement is made truthfully.
Jakarta, 28 February 2024
BOARD OF COMMISSIONERS
Chow Ying Hoong Takeshi Kimoto
President Commissioner Commissioner
Ninik Herlani Masli Ridhwan Onny Widjanarko
Independent Commissioner Independent Commissioner
Edmund Tondobala Ongki Wanadjati Dana
Independent Commissioner Commissioner
56 2023 ANNUAL REPORT PT BANK BTPN Tbk
Page 59
Main Highlights
BOARD OF DIRECTORS
Henoch Munandar Kaoru Furuya
President Director Deputy President Director
Darmadi Sutanto Dini Herdini
Deputy President Director Compliance Director
Atsushi Hino Keishi Kobata
Director Director
Merisa Darwis Hanna Tantani
Director Director
2023 ANNUAL REPORT PT BANK BTPN Tbk 57
Page 60
Page 61
COMPANY
PROFILE
60 General Information 90 Shareholders Structure
61 Brief History of The Company 91 Ultimate Parent Entity
62 Milestones 92 Majority Shareholders
64 Line of Business 95 List of Subsidiaries
65 Products and Services 96 Operational Area
66 Organizational Structure 99 Membership in Associations
68 Vision & Mission 99 Chronology of Shares Listing
69 Main Values 100 Chronology of Other Securities Listing
70 Profile of The Board of Commissioners 100 Public Accountant
76 Profile of The Board of Directors 101 Firm Names And Addresses Of Capital Market
84 Profile of Executive Officers Institutions and/or Supporting Institutions
88 Employee Statistics 102 Information on Company Website
The Bank’s primary
mission is to provide
optimal service to
customers with the aim of
helping them achieve their
goals and aspirations, as
well as making a positive
impact on Indonesian
society.
Page 62
Profil Perusahaan
GENERAL
INFORMATION
Name of Company
PT BANK BTPN Tbk
Authorized Capital
Rp300,000,000,000
Issued and Fully Paid-Up Capital
Information on Changes of Rp162,982,137,380
Company Name
1958 : Initial name was Bank Pegawai Name of Stock Exchange and
Pensiunan Militer (Bapemil) Date of Listing
1985 : Bapemil was changed to Indonesia Stock Exchange
PT Bank Tabungan Pensiunan Nasional 12 March 2008
2019 : PT Bank Pensiunan Nasional Tbk was
altered to PT BANK BTPN Tbk Share Code
BTPN
Line of Business
Banking Services ISIN Code
101000118508
Year of Establishment
1958
Shareholder Composition
Rating (Fitch) • Sumitomo Mitsui Banking Corporation (89.98%)
• PT Bank Central Asia Tbk (1.02%)
• Rating by PT Fitch Ratings • PT Bank Negara Indonesia (Persero) Tbk (0.15%)
Indonesia AAA (idn), stable • Public (<5%) (7.72%)
outlook and F1+ (idn) • Treasury Stock (1.13%)
• Rating by PEFINDO
idAAA (Triple A, Stable Outlook)
Legal Basis
of Establishment Head Office Address
PT BANK BTPN Tbk (“Bank BTPN; BTPN; Bank”) Menara BTPN
was established under Notarial Deed No. 21 CBD Mega Kuningan
dated 6 October 1959 from Notary Noezar S.H. Jl. Dr. Ide Anak Agung Gde Agung, Kav. 5.5-5.6
The deed was amended, as contained in Deed of Jakarta Selatan 12950, Indonesia
31 May 1960 No. 203 and Deed of 7 November
1960 No. 53 of Notary Noezar S.H., and was Website and E-mail
announced in the State Journal of the Republic www.btpn.com
of Indonesia dated 14 February 1961 No. 13, info@btpn.com
Supplement No. 5. corporate.communication@btpn.com
60 2023 ANNUAL
LAPORAN TAHUNAN
REPORT
2023
PT PT
BANK
BANK
BTPN
BTPN
TbkTbk
Page 63
Company Profile
BRIEF HISTORY OF
THE COMPANY
PT BANK BTPN Tbk (“Bank BTPN”, “BTPN”, “Bank”) that retains a more comprehensive business coverage
established in 1958 in Bandung, West Java, initially to serve a wider range of customers, from retail to
only managed savings and provided loans to members. corporate segments.
Then the Bank transformed into PT Bank Tabungan
Pensiunan Nasional in 1985. Information on Changes of The
Company Name
Bank BTPN was officially established as a bank in 1993 The name initially used in 1958 was Bank Pegawai
through the Decision Letter of the Minister of Finance Pensiunan Militer (or Bank for Retired Military Personnel)
of the Republic of Indonesia No. 055/KM.17/1993 (Bapemil). Bapemil transformed into PT Bank Tabungan
dated 22 March 1993. This change occurred in line with Pensiunan Nasional (National Pension Savings
the enforcement of Law No. 7 of 1992 on Banking (as Bank) with the business permit as a Savings Bank in
further amended with Law No. 10 of the Year 1998). compliance with Law No. 14 of the Year 1967 regarding
Banking General Provisions effective at the time.
On its 50th year in 2008, Bank BTPN became a
public company by releasing its shares through an Following the official merger with SMBCI, the name
initial public offering (IPO) and listed its shares on PT Bank Tabungan Pensiunan Nasional Tbk was
the Jakarta Stock Exchange, currently the Indonesia amended to PT BANK BTPN Tbk. This name change
Stock Exchange (BEI). 2008 was also marked as was officially effective upon the following decrees:
one of BTPN’s milestones, following TPG Nusantara 1. Approval of the Minister of Law and Human Rights
S.a.r.l’s acquisition of 71.61% of BTPN’s shares. The of the Republic of Indonesia through a Decision
Bank’s focus consequently expanded to the Small and Letter of the Minister of Law and Human Rights
Medium-Scale Business (UMKM) sector. Bank BTPN of the Republic of Indonesia No. AHU-0006169.
transformed further by merging with PT Bank Sumitomo AH.01.10.YEAR 2019 regarding the Approval of the
Mitsui Indonesia (SMBCI), effective from 1 February Change in Articles of Association of the Company
2019. dated 22 January 2019;
2. The decision of the Deputy Commissioner of
Since that year, Bank BTPN has been officially Banking Supervision of the Financial Services
operating as a new bank as a result of the business Authority No. KEP-9/PB.1/2019 on Establishing the
merger. In running the business, the Bank became a change in the Business Permit of PT Bank Tabungan
universal bank with the support of digital technology Pensiunan Nasional Tbk to the Business Permit of
PT Bank BTPN Tbk dated 28 January 2019.
2023 ANNUAL REPORT PT BANK BTPN Tbk 61
Page 64
Company Profile
MILESTONES
2012
1958-1986 • BTPN Syariah – Tunas
• Established in Bandung, Usaha Rakyat grew
West Java, under the significantly. By the end
name Bank Pegawai of the year, it managed to
Pensiunan Militer (Bank for serve 28,927 community
Retired Military Personnel) centers in Banten, West 2014
(Bapemil). Java, and East Java, as Sumitomo Mitsui Banking
• In 1960, Bank acquired the well as empowered 444,000 Corporation (SMBC) of Japan
permit as a commercial 2008 customers in community increased its share in BTPN
bank. In 2008, TPG Nusantara S.a.r.l centers. and became the controlling
• In 1986, the name changed acquired 71.6% of Bank’s • Bank completed testing on shareholder with 40.0%
to PT Bank Tabungan shares on the Indonesia Stock the new mobile banking ownership. SMBC is Japan’s
Pensiunan Nasional Exchange. Bank became a named BTPN Wow!, which second-biggest bank based on
(National Pension Savings public bank with an asset value was subsequently launched market value, with an asset of
Bank). of Rp13.7 trillion. in 2015. US$1.3 trillion.
2008 2012 2014
1958-1986
2009-2011 2013 2015
2009 2013 2015
• Bank launched the small and medium-scale business (UMKM) • The financing of BTPN Bank officially launched BTPN
under the name BTPN Mitra Usaha Rakyat (or People’s Business Syariah – Tunas Usaha Wow!, a banking service for
Partner) by opening 539 branch offices and successfully Rakyat doubled, reaching the mass market that utilizes
recording a credit growth of Rp2.3 trillion. around Rp1.4 trillion and cellular telephone and is
• Bank issued the first rupiah long-term bond with a rating of A+ contributing 3% of BTPN’s supported by agency services
(National Scale Rating) from Fitch Ratings and obtained the total credit. The Syariah as an extension of the Bank
rupiah long-term loan facility from the International Finance Business Unit network to increase its service reach
Corporation, a World Bank subsidiary. reached 69,500 centers to the public, which has been
nationwide, empowering untouched by banking services.
more than 931,500 Transactional services include
2010 customers in rural areas. savings, cash withdrawal,
The asset value of Bank flourished to Rp34.5 trillion compared to • Bank acquired fund transfer, billing payment,
Rp13.7 trillion two years prior. The Bank became the 10th biggest PT Bank Sahabat Purba and request applications for
bank in market capitalization, ranked 5th in the total number of branch Danarta (“Bank Sahabat”), loans and insurance product
offices, and ranked 6th in the total number of employees. which was converted to a purchases of the micro
sharia bank before Bank business sector.
separated the sharia unit
2011 into a new entity in 2014.
• Bank launched Daya, a sustainable mass market empowerment • Sumitomo Mitsui Banking
program that also became an integral part of Bank’s business Corporation (SMBC) from
activities. The Funding Business introduced the Sinaya (Sinar Japan owns 24.3%-share
yang memberdayakan or Empowering Light) brand, linked with of Bank through purchasing
the Daya initiative. shares previously owned by
• Completed the testing period of the Perbankan Komunitas TPG Nusantara S.a.r.l and
Syariah (Sharia Community Banking) business (BTPN Syariah – other shareholders.
Tunas Usaha Rakyat or the People’s Business).
• Bank expanded its ATM services network with the Prima ATM
network in addition to the existing ATM Bersama. The overall
connected network reached more than 57,331 ATM units
throughout Indonesia.
62 2023 ANNUAL REPORT PT BANK BTPN Tbk
Page 65
Company Profile
2016
• In February 2016, Bank 2022
began operation as a 2018 • Bank BTPN received the title of “2022 Best Contact Center in
foreign exchange bank Bank completed two important Indonesia” from Indonesia Contact Center Association (ICCA), at
upon receiving the permit corporate actions. The first was the same time acknowledged by the Contact Center Association
in December 2015, which the initial public offering (IPO) of Asia Pacific (CC-APAC) international organization. The Bank
allowed the Bank to conduct of BTPN Syariah, a subsidiary stood in the top 10 best positions by winning 14 awards, which
transactions in foreign with the majority of shares. The included three Platinum, three Gold, three Silver, and five Bronze.
currencies and be more second was the merger process • Bank BTPN received the 2022 LPS Banking Awards from
flexible to start offering of Bank BTPN and PT Bank Lembaga Penjamin Simpanan (LPS) or Deposit Insurance
liability deposit products in Sumitomo Mitsui Indonesia Institution. Bank BTPN received the award for the category “Best
foreign currencies. (SMBCI). As a result of the Bank to Deliver Information on Deposit Insurance Program” from
• Jenius was the second merger, the Bank now offers a the private banking group.
mobile phone platform wider range of various financial • The “2022 Best Transparency in Corporate Emission Reduction
launched. Jenius cellular services to all spectrum of and Calculation” Award by Investor magazine. Bank BTPN
phone services utilize the customers, from individual to received the award for “Green Category of the Transparency in
smartphone to connect corporate customers, covering Corporate Emission Reduction of Issuer Sector” and “Platinum
customers’ accounts with large corporations to micro Category of the Transparency in Corporate Emission Calculation
the Bank and conduct businesses and communities of Issuer Sector.”
banking transactions. in rural areas. Results from • Bank BTPN received the “2022 Indonesian Sustainable
Until December 2016, the Gemilang project carried Development Awards” from the Corporate Forum for CSR
Jenius captured 70,000 out the year before, as well as Development (CFCD). Bank BTPN was the only bank to
followers on social media BTPN Wow! and Jenius mobile participate in this event and received the Gold Award for
and received over 3 million banking platforms, began to its success in carrying out the programs that contributed to
YouTube viewers. fruit in 2019. accelerating the 17 Sustainable Development Goals (SDGs).
2016 2018 2022
2023
2017 2019-2021
2017
Bank expanded its BTPN Wow!
2019
The merger of BTPN with
2023
and Jenius mobile Banking SMBCI was officially effective • Bank BTPN and the International Finance Corporation (IFC)
application features to develop on 1st February. The business entered into a collaboration on social and green bond deals to
its customer base and increase merger strengthened the strengthen climate action and promote inclusive development
banking transactions. Focus on Bank’s capability to provide in Indonesia. This $500 million bond issuance will be the first for
the customer-centric of the two more comprehensive banking Bank BTPN and reinforces its commitment to supporting micro,
mobile banking services has services for a wider customer small, and medium-sized enterprises (MSMEs) in Indonesia,
significantly improved customer base. We are now a universal particularly businesses led by women and climate change
experience and impacted the bank. adaptation efforts.
Support Unit’s operations. • At the Extraordinary General Meeting of Shareholders (EGM)
The transformation, referred of Bank BTPN on December 7, 2023, shareholders officially
to as “Gemilang” covers the 2020 approved the plan to withdraw Company shares resulting from
Bank’s organizational structure, Bank BTPN launched the the repurchase (“Treasury Stock”) and the plan to Increase
technology, human resources, SINAYA PRIORITAS and Capital by Granting Pre-Emptive Rights II (“PMHMETD II”) or
and risk management. The collaborated with Jenius, which Rights Issue II.
Bank’s branch office network launched the Sinaya Prioritas • Bank BTPN once again achieved Platinum rank in the “Asia
has greatly transformed, where Apps. Sustainability Reporting Rating (ASRRAT) 2023” event. This
all branches can provide marks the third consecutive year that Bank BTPN has received
banking services to all customer the highest rank in four years of participation in this event. The
segments. 2021 award event, participated by 68 companies and organizations,
• Bank BTPN provided PT was organized by the National Center for Corporate Reporting
Kepland Investama with a (NCCR) as an appreciation for companies’ contributions to
green loan facility of Rp1.06 achieving sustainable development goals through the application
trillion as a commitment of environmental, social, and governance principles in their
towards sustainable business operations.
financing. The green loan • Bank BTPN won two awards in the Sustainable Finance 2022
facility in the rupiah currency category, namely “Best Green Loan” and “Best Local Currency
was one of the first available Green Loan,” at the “Triple A Country Awards 2022” organized by
in the Indonesian market. The Asset in Hong Kong. Bank BTPN received the “Best Green
• Throughout 2021, Bank Loan” award through a total of US$750 million green financing
BTPN received 19 awards program to PT Perusahaan Listrik Negara (PLN) in December
from external parties as 2022 to support PLN’s activities in transitioning to renewable
proof and acknowledgment energy. Meanwhile, Bank BTPN received the “Best Local
of the stakeholders for the Currency Green Loan” award through the provision of a green
Bank’s performance. financing facility worth Rp1.06 trillion to PT Kepland Investama
since October 2021.
2023 ANNUAL REPORT PT BANK BTPN Tbk 63
Page 66
Company Profile
LINE OF
BUSINESS
Line of Business in accordance with the 7. Provide depository services for the interest
Articles of Association of other parties pursuant to contract and/or
agreement;
A. Main Business Activities: 8. Placement of funds from customers to other
1. To collect funds from public in the form of customers in the forms of securities, both
current account, time deposit, certificate of listed and non-listed at the Stock Exchange;
deposit, saving and/or other forms similar 9. Purchase of collaterals through public sale/
thereto, either in Rupiah currency or in foreign auction or other means, in whole or partial, in
currency; the event debtors fail to meet their obligations
2. To distribute the funds collected from public to the Bank, provided that the purchased
in the form of loan, either long term, middle collaterals are to be immediately liquidated;
term or short term, or loan in any other forms 10. Conduct factoring, credit card business, and
commonly provided in banking business, either trusteeship activities;
in Rupiah currency or in foreign currency. 11. Conduct equity capital in banks carrying out
sharia-based business in accordance with
B. Supporting Business Activities regulations set forth by authorized agencies;
1. Issue letter of debt acknowledgment; 12. Conduct activities in foreign currencies
2. Buy, sell, or guarantee at own risk as well as by complying with regulations set forth by
for the interest and on upon the request of authorities;
customers such as for the following: 13. Conduct equity capital in banks (including
a. Money order/draft, including those sharia banks) or other companies in the
accepted by the Bank with a validity such financial sectors as in lease business,
period not longer than usually applicable venture capital, securities companies, and
in such securities trading; insurance, as well as in clearing, guarantee,
b. Letter of acknowledgment of debt and settlement, and depository institutions, subject
other trade documents with a validity to compliance with regulations stipulated by
period not longer than usually applicable authorities;
in such securities trading; 14. Conduct temporary capital investment to
c. State treasury notes and Government manage non-performing loans and/or failure in
guarantee letters; other financings, provided such investments
d. Bank Indonesia Certificate (SBI); must be withdrawn as stipulated in accordance
e. Bonds; with regulations set forth by the Financial
f. Trade and/or promissory notes with a Services Authority;
validity period of up to 1 (one) year; 15. Take action as founder and care-taker of
g. Instruments of other securities with a pension funds in accordance with prevailing
validity period of up to 1 (one) year. laws and regulations;
16. Issue various forms of letters of credit and
3. Transfer of funds for own interest or the bank guarantees;
interest of customers; 17. Conduct other activities appropriately
4. Placement of funds at, borrow funds from, or performed by banks, provided not in violation
lend funds to other banks by means of letters, of prevailing laws and regulations.
telecommunication facilities as well as drafts,
cheques, and other means; Line of Business Performed in the Fiscal
5. Receive payments from billings of securities Year
and make calculations with or among third The lines of business carried out during the fiscal
parties; year were in accordance with those listed in the latest
6. Provide space to safe keep valuables and Articles of Association.
securities;
64 2023 ANNUAL REPORT PT BANK BTPN Tbk
Page 67
Company Profile
PRODUCTS AND
SERVICES
Corporate/ Wealth Management • ABF (Asset Based Financing)
• BPR Financing
Wholesale Banking Business
• Business Current Account
• Sinaya Savings (Rupiah, Forex,
• Mitra Current Account
Hedging Products Business)
• Karya Current Account
• IRS/CCS and foreign exchange • Current Account (Rupiah, Foreign
• TOUCHBIZ application (mobile
transactions Currency)
banking for business): bank
• Term Deposits (Rupiah, Foreign
transfers, payroll, bill payments,
Currency, Flexi, On Call)
Loan Products e-Wallet top-up, MaxCash, Term
• Mutual Funds
• Bilateral and Syndication Loans Deposits, foreign exchange rate
• Bancassurance
(IDR, USD, EUR and, JPY) info
• Sinaya ATM/Debit Card
• Working capital loan
• Safe Deposit Box
• Investment loan Transaction Banking &
• Sinaya prioritas
• Project/Structured Finance
• ECA
• Government Bonds Supply Chain
• Green/SocialLoan
• Sustainability-Linked Loans Micro Business Cash & Digital Solution
• Other Loans • People’s Business Loan • Current Accounts & Time
• Mitra Usaha Savings Deposits
• Savings Equivalent to Deposits • Money Transfers (SKN/RTGS,
Funding Products
• Maxi Micro Loan (secured loan): Payroll, Overbooking, Telegraphic
• ESG Deposits
1. Current Account Loans Transfer)
• Green Deposits
2. Term Installment Loans • Receive Money (SKN/RTGS,
3. Term Loans BI-FAST, Telegraphic Transfer,
Jenius • Digital Micro Flexicash Loan Check/Cash Deposit)
• Jenius application with biometric- • e-Tax Payment (With/without ID
(Unsecured loan):
based customer verification Billing)
1. Term installment loans
• Savings (Flexi Saver, Dream Saver • Virtual Account (API SNAP,
& Foreign Exchange)
• Term Deposits (Maxi Saver) Joint Finance Offline)
• Joint Financing • Internet Banking / Host to Host
• Bill payment • Liquidity Management (Domestic
1. Motor Vehicle Credit (KKB)
• Jenius ATM Card/Debit Cash Pooling, Auto TD
2. Medical Devices
• Transfer (BIFAST, RTOL, SKN, Placement, Cross Border Pooling)
3. Durable Goods
RTGS & Remittance) • Auto Debit
4. Multipurpose
• e-Wallet top-up
• Chanelling
• Loans (Flexicash, Buy Now Pay
Later & Credit Card) 1. Short term loan (max tenor 1 Trade
month) • Import & Export Letter of Credit &
• Jenius Pay
2. Medium term loan (max tenor SKBDN
• jenius QRIS
12 months) • Import & Export Bill Collection
• Jenius for Business
3. Long term loan (max tenor 60 • Import & Export Documentary
• Bisniskit by Jenius
months) Collection
• Moneytory
• Bank Guarantee & SBLC &
• Sinaya Prioritas in the Jenius
Application Retail Lending Business Counter Guarantee
• Pension Loan • Trade Loans & TR
• Jenius application for BTPN’s
• Pre-Retirement Loan • Foreign Bills Bought & Forfaiting
retail business line (Jenius as a
• Active Employee Loan • Account Receivable Purchase
Platform)
• Citra Pension Savings • Import Avalization & LC
• Mutual Funds
Confirmation
• BL Endorsement & Shipping
Treasury Business Banking
Guarantee
• Foreign Exchange • Basic/Generic Products
• Derivatives 1. PRK (Current Account Loan)
• Money market 2. PB (Term Loan) Supply Chain
3. PAB (Term Installment Loan) • Supply Chain Financing
• Fixed Income
(Distributor Financing/Supplier
Financing)
• Lending Program
2023 ANNUAL REPORT PT BANK BTPN Tbk 65
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Company Profile
ORGANIZATIONAL
STRUCTURE
Board of Directors
Asset and Liability Information Technology Credit Human Resources Sustainability
Committee (ALCO) Steering Committee Committee Committee Committee
Credit Policy Information Governance Risk Management Fraud
Committee Steering Committee Committee Committee
Deputy President Director 1
Kaoru Furuya
Direktur Direktur Direktur
Corporate Direktur Direktur Kepatuhan & Keuangan &
Banking Treasury Operasional Legal Perencanaan
Japanese Keishi Kobata Merisa Darwis Dini Herdini Hanna Tantani
Atsushi Hino
Head of Head of
Business Wholesale, Head of
Banking Commercial & Treasury
Transaction
Jeffrey Banking Wiwig Wahyu
Cheanandro Santoso
Tjoeng Ir. Nathan
Christianto
Business
Corporate Banking Wholesale Banking Treasury ALM & Financial
Credit Risk Development Customer AML & CFT
2 Moses Ronald Planning Planning &
Tasuku Tanaka Charles Anthony Experience Center Hari Suci Yuliastuti
Naoki Watanabe Supardi So Hirahara Performance
Bunaidi Bambang Joko
Elsa Ariany
Susilo
Corporate Banking Setyadi
Credit Business Banking Treasury Trading Compliance
3
Jenny Credit Risk Wholesale Banking Rhendy Butet Sondang
Karinda Listyani
Susanto Sidik Waskito, ST Business Planning Soemitro Z. Sitepu
Rachmana
A, Zacky Branch Banking Financial Controller
Ridwan Nugraha Arif Suseno
Corporate Banking SME
Loan Treasury Marketing
4 Margaretha P. Corporate
Husan Mahjudin Slamet Riyadi S.
Hiroaki Seguchi Santosa Secretary
Structured Finance Operations Eneng Yulie Andriani Tax Management
Business Adityo Haryono Transaction Center Kamaluddin
Transaction Legal Corporate Banking Arif Muhammad
Banking Cross
Theodora 5 Fatwaddin
Collaboration
Ikke Gratcia Hideakki Asatsu Finance Risk,
Takeshi Nishimura
Wholesale General Counsel Control &
Banking Project Argo Wibowo Governance
Corporate Banking Reporting, Lia Asoka
6 Business Banking Management 1
Commercial Intan Natalia Wijaya Settlement
Banking Credit Wibowo Kurniawan Policy & Control
& Access Communications Alignment &
Risk Novri Irza
Management & Daya Synergy
Eddy Satria Hidayatullah
KYC Heling Trihatma Andrie Darusman Kenji Okada
Nugraha
Sembiring Onboarding
Virni Anggia Wholesale
Septiranti Banking Project
Business Banking Management 2 General Services Strategy
Strategy Endang Triningsih Bambang Anugerah Implementation
Anita Natalia Rachmad Hendra Gunawan
Corporate Banking Operations
Credit Planning Commercial
Business Planning Development
Tubagus Dimas Business Banking Banking & WFB
Chandra M. Radhar Hasti
Andriadie Support Warni
Mudjib Handayani
Willem E.O Umboh
Operations Control
Transaction Assurance
Banking & Joko
Corporate Banking Digital SME Supply Chain
Loan Reviewer Business Jevan Purnawan
Corporate Riyanthi Annisaa Vonny
Portfolio
Management
Hendra Kuncoro
Jati Credit Analyst
Sales Management
Corporate Banking
-
Fifi
66 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Company Profile
GENERAL MEETING
OF SHAREHOLDERS (GMS)
Board of Commissioners
President Director Remuneration and Nomination Committee
Henoch Munandar Risk Monitoring Committee
Good Corporate Governance Committee
Audit Committee
Deputy President Director 2
Darmadi Sutanto
Head of Wealth
Head of Retail Management
Head of Head of Internal Head of Risk Head of Digital
Head of Human Lending Business and
Information Audit Management Banking
Resources Business Network &
Technology Nurhajati Soerjo Sendiaty Sondy Irwan Sutjipto
Mira Fitria Purnomo B. Distribution
Jeny Mustopha Hadi SE Head Tisnabudi
Soetadi
Helena
IT Strategic
Strategic HR Portfolio Sales Management Jenius Business
Planning & Data Credit Audit Retail Banking Risk Pension Business
Management Management & WMB Stream
Management Dessy Natalia Adli Pamungkas Enrico Novian
Denty Avianty Policy Rudyanto Kemal Anita Ekasari C.
Jufri
Wahyu Nugroho
HRBP Corporate IT. Digital Banking Y. A. S.
IT Governance Micro Business Liabilities & Digital Digital Banking
Banking & Analytics Audit
Management Erpantja Toho Management WMB Solution
Yvonne Febrina Willy Johan Retail Banking
Akira Kuwata S. Pasar ibu Elvie Iskandar Frenky Guslove
Syofyan Widjaja S. Analytics, Planning
Operational & & Process
IT Retail Banking & HRBP Retail Fraud Risk Excellence Wealth Product Digital Banking
Operations Audit Management Erliana Tandoko Joint Finance
Corporate Function Banking Management WMB Product &
Stefanus Rudy Heru Rustanto, SE Fiandra Monica
Enablement Debbie Gracia Aegeus Hutama Innovation
Kristianto Affian
Andi Febri Cahyo Retnoningsih Soewito -
HRBP IT, Wealth Market & Sales Management Digital Banking
IT Digital Service Customer
Operations & Management & Liquidity Risk & Process Business
Enablement Experience WMB
Functions Corporate Function Management Excellence Performance &
Joko Kurniawan Sanny Kumalasari
Myrna May Witarka Audit Deni Tri Sujatioadi Customer Value
Ratih Wulan Management
IT Transaction HR Technology & Indrawati, SP Risk Management Product & Portfolio Salvy Gunawan
Management Services Planning Management RLB Sales Distribution
Iman Triono Jemmy Maruto Keisuke Heima Astri Piesca Rini WMB & National
Distribution 1 Digital Banking
Audit Methodology, Chairul Sani Partnership
IT Corporate QA & Development Febri
Banking Bernanta Budi Cyber Security
Enablement Danardana Buyung Bachtiar
Hayato Inoue Network Retail Banking
Management WMB Digital Strategy
Rio Yussac L. Citra Paramita
Digital Banking
Alignment &
Synergy
-
The Board of Directors
The Board of Management
The Board of Commissioners Committee & The Board of Directors Committee
2023 ANNUAL REPORT PT BANK BTPN Tbk 67
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Company Profile
VISION To become the first choice
bank in Indonesia, which give
significant change in the life
of millions of people, mainly
with the support of digital
technology.
MISSION
• To offer complete financial solution and service to
various segments of retail, micro, SME and corporate
business in Indonesia, and for Indonesian Nation and
Country as a whole;
• To provide valuable opportunity for the professional
growth of the Bank BTPN employees;
• To create significant and sustainable values for the
stakeholders, including for Indonesian society;
• To use technology innovation as the main differentiator
to provide the best quality and experience in its class to
the Bank BTPN clients and partners.
About Vision and Mission
The basic foundation of the integration of the Bank’s Vision and Mission is to serve the customers
of SMBCI and Bank BTPN with the best means to achieve their objectives and aspirations
and hopefully provide a positive impact on the people of Indonesia. For this reason, the Bank
will become a reliable and trustworthy partner that is capable of understanding and effectively
accommodating the developing financial needs of the customers.
The established Vision and Mission are in line with the integrated business plans as reflected in the
summary of the integrated business plan. The Vision and Mission have also been reviewed by the
Board of Commissioners and the Board of Directors.
68 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Company Profile
MAIN
VALUES
The values we adopt are guidelines for us to conduct our business.
There are 5 (five) values as explained below:
01 As professionals, always act
sincerely with high ethical Integrity
standards.
Customer
First
Always view from the customers’
perspective to deliver added
02
value.
03 Have the courage to
unceasingly act and innovate.
Proactive &
Innovative
Speed &
Quality
Make speed and quality from
decision-makings and also
provide services as a factor
04
of difference.
05 Collaborate
as one team. Synergy
2023 ANNUAL REPORT PT BANK BTPN Tbk 69
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Company Profile
PROFILE OF THE BOARD
OF COMMISSIONERS
Nationality
Singapore
Domicile
Singapore
Age
63 years as of the end of Fiscal Year 2023
Educational Background
Bachelor’s degree in Business Administration, National University
of Singapore (1984)
Certification
Risk Management Certification – Level 1, issued by LSPP and its
Refreshment issued by BSMR with validity period until 26 July
2027.
History and Legal Basis of Appointment
First appointed as Deputy President Commissioner of BTPN
since the effective the date of the merger, 1 February 2019 and
reappointed through the Annual GMS dated 15 February 2019.
Appointed as President Commissioner through the Extraordinary
Chow Ying Hoong GMS dated 18 November 2020 and reappointed through Annual
GMS on 21 April 2022.
President Commissioner
Concurrent Position
• Member of BTPN Remuneration and Nomination Committee.
• Senior Regional Advisor, Asia Pacific Division of Sumitomo
Mitsui Banking Corporation
Work Experience
• General Manager of Planning Department, Asia Pacific
Division of SMBC (2011-2013).
• General Manager, Debt Capital Market Department and Joint
General Manager of SMBC, Singapore (2005-2010).
• Head of Syndication for S.E. Asia of Sumitomo Bank
Singapore Branch (2000-2005).
• Branch Manager/Managing Director of Societe Generale Bank
– Malaysia Branch (1997-2000).
• Head of Syndication for Asia of ABN Amro Bank Asia HQ
(1996-1997).
• Team Head of Offshore Corporates of ABN AMRO Bank N.V.,
Singapore Branch (1993 to 1996)
• Senior Manager of The Sanwa Bank Ltd, Singapore Branch
(1989 to 1993)
• Account Manager of ABN Bank N.V., Singapore Branch (1987
to 1989)
• Bank Officer, United Overseas Bank (1984-1987).
Affiliation
Management relationship with the Controlling Shareholders.
70 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Company Profile
Nationality
Japanese
Domicile
Singapore
Age
53 years as of the end of Fiscal Year 2023
Educational Background
Bachelor of Arts in Business and Commerce from KEIO
University (1989-1993)
Certification
Risk Management Certification – Level 1, issued by LSPP and its
Refreshment issued by BSMR with validity period until 26 July
2025.
History and Legal Basis of Appointment
First appointed as Commissioner of BTPN since the effective
date of the merger on 1 February 2019 and reappointed through
the Annual GMS dated 15 February 2019 and 21 April 2022.
Takeshi Kimoto Concurrent Position
• Member of BTPN Risk Monitoring Committee.
Commissioner • Executive Officer, Managing Director of Asia Growing Markets
Department of Sumitomo Mitsui Banking Corporation and
Sumitomo Mitsui Financial Group
Work Experience
• Senior Vice President for Emerging Markets Business Division
(“EMBD”) Singapore, Joint General Manager for EMBD
Tokyo and Joint General Manager for Business Development
Department at the International Banking Unit of SMBC (2013-
2018).
• Vice President for Global Institutional Banking Department
(“GIBD”) of SMBC, Vice President for GIBD Singapore, Group
Head & Senior Vice President for Global Trade Finance
Department Singapore (2002-2013).
• Vice President, International Finance Department, Sumitomo
Bank Ltd (2000-2001).
Affiliation
Management relationship with the Controlling Shareholders.
2023 ANNUAL REPORT PT BANK BTPN Tbk 71
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Company Profile
PROFILE OF THE BOARD
OF COMMISSIONERS
Nationality
Indonesian
Domicile
Jakarta
Age
66 years as of the end of Fiscal Year 2023
Educational Background
• Master’s degree in Finance from Universitas Indonesia (2008).
• Bachelor’s degree in Economics from Universitas Trisakti
(1983)
Certification
Risk Management Certification – Level 4 and SMR maintenance,
issued by BSMR with validity period until 26 July 2025.
History and Legal Basis of Appointment
First appointed as BTPN Independent Commissioner since the
effective date of the merger, 1 February 2019, and reappointed
through the Annual GMS dated 15 February 2019 and 21 April
2022.
Ninik Herlani Masli Ridhwan
Concurrent Position
Independent Commissioner • Chairman of BTPN Audit Committee.
• Chairman of BTPN Remuneration and Nomination Committee.
Work Experience
• Independent Commissioner of PT Bank Sumitomo Mitsui
Indonesia (2013-2019)
• Joined PT Bank Central Asia Tbk with last position as Head of
the Audit Development and Quality Control (1985-2012)
• Senior Auditor at Utomo Accounting Firm (SGV-Utomo) (1981-
1985)
Affiliation
No affiliation with the Board of Directors, the Board of
Commissioners, and the Controlling Shareholders.
72 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Company Profile
Nationality
Indonesian
Domicile
Jakarta
Age
59 years as of the end of Fiscal Year 2023
Educational Background
• Master in Management from the Asian Institute of
Management (1999)
• Bachelor of Finance Management from STIE
Malangkucecwara (1989)
Certification
Level 2 Risk Management Certification, issued by BSMR valid
until January 13, 2027
History and Legal Basis of Appointment
First appointed as an Independent Commissioner of BTPN
effectively on May 8, 2023, based on the Annual GMS decision
on April 13, 2023
Onny Widjanarko
Concurrent Position
Independent Commissioner • Chair of BTPN’s Risk Monitoring Committee
• Chair of BTPN’s Corporate Governance Committee
Work Experience
• President Commissioner of PT Artajasa Electronic Payment
(September 2020 - April 2023)
• Joined Bank Indonesia with the last position as Head of the
Bank Indonesia Jakarta Representative Office (January 1992 -
September 2022)
• Management Trainee and Finance Staff at Komatsu Indonesia
(PT United Tractors) (October 1989-December 1990)
Affiliation
No affiliation with the Board of Directors, the Board of
Commissioners, and the Controlling Shareholders.
2023 ANNUAL REPORT PT BANK BTPN Tbk 73
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Company Profile
PROFILE OF THE BOARD
OF COMMISSIONERS
Nationality
Indonesian
Domicile
Jakarta
Age
58 years as of the end of Fiscal Year 2023
Educational Background
• Master’s degree in Monetary & International Economics from
American Graduate School of International Management,
Thunderbird, Glendale, Arizona (1990)
• Bachelor’s degree in Economics from Drake University, Des
Moines, Iowa, USA (1987)
Certification
Risk Management Certification – Level 4, issued by LSPP and its
Refreshment issued by BSMR with validity period until 26 July
2025.
History and Legal Basis of Appointment
First appointed as Independent Commissioner through the
Edmund Tondobala Extraordinary GMS on 18 November 2020 and reappointed
through the Annual GMS on 21 April 2022.
Independent Commissioner
Concurrent Position
• Member of BTPN Audit Committee.
• Member of BTPN Risk Monitoring Committee
Work Experience
• Head of International Banking of PT Bank Central Asia Tbk.,
Indonesia (2011-April 2020).
• Director of BCA Finance Hongkong (2011-November 2011).
• Director of BCA Remittance Sdn Bhd Malaysia (2009-2011).
Affiliation
No affiliation with the Board of Directors, the Board of
Commissioners, and the Controlling Shareholders.
74 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Company Profile
Nationality
Indonesian
Domicile
Jakarta
Age
66 years as of the end of Fiscal Year 2023
Educational Background
Bachelor’s degree in Mechanical Engineering from Institut
Teknologi Bandung/ITB (1981).
Certification
Risk Management Certification – Level 5, issued by LSPP and its
Refreshment issued by BSMR with validity period until 26 July
2025.
History and Legal Basis of Appointment
First appointed as Commissioner of BTPN through the Annual
GMS on 21 April 2022.
Concurrent Position
Ongki Wanadjati Dana • Member of BTPN Risk Monitoring Committee.
• Member of BTPN Good Corporate Governance Committee
Commissioner • Commissioner of PT Bank BTPN Syariah Tbk
Work Experience
• President Director of PT BANK BTPN Tbk (2019-April 2022)
• Deputy President Director of PT Bank Tabungan Pensiunan
Nasional Tbk (2008-January 2019).
• Director of Wholesale Banking of Bank Permata (2002-2008).
• Deputy President Director of Bank Universal (2000-2002).
• President Director of Bank Subentra (1993-1998).
• Senior advisor of Bank Universal (1999-2000).
• Credit Cycle Manager – Consumer Banking, Citibank N.A.
(1987-1990).
Affiliation
No affiliation with the Board of Directors, the Board of
Commissioners, and the Controlling Shareholders.
2023 ANNUAL REPORT PT BANK BTPN Tbk 75
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Company Profile
PROFILE OF THE BOARD
OF DIRECTORS
Nationality
Indonesian
Domicile
Jakarta
Age
57 years as of the end of Fiscal Year 2023
Educational Background
Bachelor’s degree in Economics from Universitas Atma Jaya,
Jakarta (1989)
Certification
Risk Management Certification – Level 5, issued by LSPP and
its refreshment issued by BSMR with validity period until 26 July
2025.
History and Legal Basis of Appointment
First appointed as Director of BTPN since the effective date
of the merger, 1 February 2019, and reappointed through the
Annual GMS dated 15 February 2019 and 21 February 2022.
Appointed as President Director through the Extraordinary GMS
Henoch Munandar on 29 September 2022.
President Director Concurrent Position
No Concurrent Position
Work Experience
• Director at PT BANK BTPN Tbk (2019 – September 2022).
• Director at PT Bank Sumitomo Mitsui Indonesia (2014 -
January 2019).
• Deputy Head of Credit/Credit Risk Management Head of
SMEC of Bank DBS Indonesia (2010-2013).
• Deputy of SMEC Risk & Remedial Head of PT Bank Danamon
Indonesia Tbk (2006-2010).
• Co-Dept Head of Corporate Banking, Bank of Tokyo
Mitsubishi UFJ (2006-2006).
• Local Corporate Head-Senior Manager, Sanwa Bank
Indonesia/Bank United Financial of Japan (UFJ) (1995-2006).
• Account Manager at PT Bogor Multifinance (1995-1995).
• Account Manager at Panin Bank (1993-1995).
• Sub-Branch Manager at Bank Susila Bakti (1991-1993).
Affiliation
No affiliation with the Board of Directors, the Board of
Commissioners, and the Controlling Shareholders.
76 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Company Profile
Nationality
Japanese
Domicile
Jakarta
Age
58 years as of the end of Fiscal Year 2023
Educational Background
Bachelor’s degree in Law from Hosei University, Tokyo, Japan
(1989)
Certification
Risk Management Certification – Level 5, issued by LSPP and
its refreshment issued by BSMR with validity period until 26 July
2025.
History and Legal Basis of Appointment
First appointed as Deputy President Director of BTPN
effective since 4 January 2021 based on the resolutions of the
Extraordinary GMS on 18 November 2020 and reappointed
through the Annual GMS dated 21 April 2022.
Kaoru Furuya
Concurrent Position
Deputy President Director No Concurrent Position
Work Experience
• Senior General Manager of Asia Growing Market Dept. (2020)
• General Manager of Corporate Banking Dept., Asia Pacific
Division. Member of Risk Management, ALM and Compliance
Committees for APAC, SMBC (2019-2020)
• General Manager of Singapore Branch. Member of Risk
Management, ALM and Compliance Committees for APAC,
SMBC (2018-2019).
• General Manager of Loan Capital Markets Department.
Member of Risk Management, ALM and Compliance
Committees for EMEA of SMBC Europe Limited in London
(2013-2018).
• Joint General Manager, Global Trade Finance Dept of SMBC
Tokyo (2011-2013).
• Senior Vice President, Global Trade Finance Dept. SMBC
New York (2004-2011).
• Assistant General Manager of Global Institutional Banking
Dept. of SMBC Tokyo (2002-2004).
Affiliation
No affiliation with the Board of Directors, the Board of
Commissioners, and the Controlling Shareholders.
2023 ANNUAL REPORT PT BANK BTPN Tbk 77
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Company Profile
PROFILE OF THE BOARD
OF DIRECTORS
Nationality
Indonesian
Domicile
Jakarta
Age
59 years as of the end of Fiscal Year 2023
Educational Background
• Master’s degree in Business Administration from University of
Western Illinois, Macomb (1991)
• Bachelor’s degree in Civil Engineering from the Universitas
Trisakti, Jakarta (1988)
Certification
Risk Management Certification – Level 5, issued by LSPP and
its refreshment issued by BSMR with validity period until 26 July
2025.
History and Legal Basis of Appointment
First appointed as Deputy President Director of BTPN effective
since 14 May 2020 based on the Resolutions of the Annual GMS
Darmadi Sutanto dated 23 April 2020 and reappointed through the Annual GMS
dated 21 April 2022.
Deputy President Director
Concurrent Position
No Concurrent Position
Work Experience
• Commissioner of PT Metro Retailmart (2015-2018).
• Commissioner of PT Trans Ice (2015-2018).
• Commissioner of PT Bank Mega Tbk (2015-2018).
• Group Director of PT CT Corpora Bank Mega (2015-2018).
• Consumer Banking Director of PT Bank Negara Indonesia
(Persero) Tbk (2010-2015).
• Consumer Banking Director of ABN Amro/RBS (2007-2010).
• SVP of Distribution of Bank Permata (2007).
• EVP of Sales & Distribution of Standard Chartered Bank
(2000-2006).
• National Sales Manager of Citibank (1991-2000).
Affiliation
No affiliation with the Board of Directors, the Board of
Commissioners, and the Controlling Shareholders.
78 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Company Profile
Nationality
Indonesian
Domicile
Jakarta
Age
58 years as of the end of Fiscal Year 2023
Educational Background
Bachelor’s degree in Law from Universitas Trisakti, Jakarta (1987)
Certification
Risk Management Certification – Level 5, issued by LSPP and
its refreshment issued by BSMR with validity period until 26 July
2025.
History and Legal Basis of Appointment
First appointed as Compliance Director since effective date of
merger, 1 February 2019 and reappointed through the Annual
GMS dated 15 February 2019 and 21 April 2022.
Concurrent Position
Dini Herdini No Concurrent Position
Compliance Director Work Experience
• Director overseeing the Compliance Function of PT Bank
Sumitomo Mitsui Indonesia (2014-January 2019)
• General Counsel & Corporate Secretary of PT Bank Danamon
Indonesia Tbk (2004- 2014).
• Partner/Legal Consultant at Herdini & Partners Law Firm
(2000-2004).
• Head of Legal Division of Bank Danamon (1999-2000)
• Head of Legal Division of PT Bank PDFCI Tbk (1996-1999).
• Legal Manager at PT ING Bank (1993-1996).
• Legal Officer at PT Bank Sumitomo Niaga (1989-1993).
Affiliation
No affiliation with the Board of Directors, the Board of
Commissioners, and the Controlling Shareholders.
2023 ANNUAL REPORT PT BANK BTPN Tbk 79
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Company Profile
PROFILE OF THE BOARD
OF DIRECTORS
Nationality
Japanese
Domicile
Jakarta
Age
47 years as of the end of Fiscal Year 2023
Educational Background
Bachelor of Business and Commerce from Keio University (1999)
Certification
Risk Management Certification (SMR) Level 5, issued by LSPP
with validity period until November 19, 2024.
History and Legal Basis of Appointment
He was first appointed as Director of BTPN effective May 15,
2023 based on the resolution of the Annual GMS dated April 13,
2023.
Concurrent Position
Does not have any concurrent positions
Atsushi Hino
Work Experience
Director • Group Head/Joint General Manager of Asia Markets Growing
Department, SMBC Singapore (September 2018-April 2023)
• Head of Corporate Banking Department, PT Bank Sumitomo
Mitsui Indonesia (October 2014-September 2018)
• Vice President/Senior Vice President, SMBC Hong Kong
branch Hong Kong (April 2009-August 2014)
• Vice President Tokyo Corporate Banking Department 4,
SMBC (April 2006-April 2009)
• Vice President Tohoku Corporate Business Office, SMBC
(July 2001-April 2006)
• First joined SMBC as Junior Staff (April 1999-July 2001)
Affiliation
No affiliation with the Board of Directors, the Board of
Commissioners, and the Controlling Shareholders.
80 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Company Profile
Nationality
Japanese
Domicile
Jakarta
Age
50 years as of the end of Fiscal Year 2023
Educational Background
• Master of Information Engineering from the University of
Tokyo (1998)
• Bachelor of Architecture from the University of Tokyo (1996)
Certification
Risk Management Certification (SMR) Level 5, issued by LSPP
and SMR maintenance issued by BSMR and valid until July 5,
2024.
History and Legal Basis of Appointment
He first served as Director of BTPN effective July 25, 2023 based
on the resolution of the Extraordinary GMS dated June 22, 2023.
Keishi Kobata Concurrent Position
Does not have any concurrent positions
Director
Work Experience
• Treasury ALM & Planning Head PT BANK BTPN Tbk (March
2022-June 2023)
• Technical Advisor of Treasury Directorate PT BANK BTPN Tbk
(October 2019-February 2022)
• Assigned to SMBC Hong Kong branch as Head of Money
Market & Fixed Income Group, International Treasury
Department and with the last position as Senior Vice
President (May 2016-October 2019)
• First joined SMBC Tokyo with the last position as Head of
Money Market & Fixed Income Group, International Treasury
Department (Hong Kong) (April 1998-May 2016).
Affiliation
No affiliation with the Board of Directors, the Board of
Commissioners, and the Controlling Shareholders.
2023 ANNUAL REPORT PT BANK BTPN Tbk 81
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Company Profile
PROFILE OF THE BOARD
OF DIRECTORS
Nationality
Indonesian
Domicile
Jakarta
Age
56 years as of the end of Fiscal Year 2023
Educational Background
Bachelor’s degree in Information Technology from Institut
Teknologi Bandung/ITB (1991)
Certification
Risk Management Certification – Level 5, issued by LSPP and
its refreshment issued by BSMR with validity period until 26 July
2025.
History and Legal Basis of Appointment
First appointed as Director since the effective date of the merger,
1 February 2019, and reappointed through the Annual GMS
dated 15 February 2019 and 21 April 2022.
Merisa Darwis Concurrent Position
No Concurrent Position
Director
Work Experience
• Head of Operations of PT Bank Tabungan Pensiunan Nasional
Tbk (2017-January 2019)
• Head of Internal Audit of PT Bank Tabungan Pensiunan
Nasional Tbk (2011-2016)
• HR & Internal Control Director of Bank Barclays Indonesia
(2010-2011)
• Citibank, N.A., Indonesia (1996-2009) :
- Operations - Control & Reporting Head, Transaction
Services Head, Control & Support Head,
- IT - Consumer IT Head & Country IT Financial Head,
- QA - IT QA Head, Privacy Officer and BISO (Business
Information Security Officer)
• Programmer/Analyst of USI/IBM Jakarta (1992-1993).
Affiliation
No affiliation with the Board of Directors, the Board of
Commissioners, and the Controlling Shareholders.
82 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Company Profile
Nationality
Indonesian
Domicile
Jakarta
Age
56 years as of the end of Fiscal Year 2023
Educational Background
• Master’s degree in Business Administration from the
Australian Graduate School of Management, University of
New South Wales, Australia (1993)
• Bachelor’s degree in Economics (Accounting major) from
Universitas Airlangga (1990)
Certification
Risk Management Certification – Level 5, issued by LSPP and
its refreshment issued by BSMR with validity period until 26 July
2025.
History and Legal Basis of Appointment
First appointed as Director based on the Resolutions of the
Hanna Tantani Extraordinary GMS dated 11 September 2019 and reappointed
through Annual GMS dated 21 April 2022.
Director
Concurrent Position
No Concurrent Position
Work Experience
• Chief Financial Officer of PT BANK BTPN Tbk (2018-2019)
• Finance Director of PT Bank HSBC Indonesia (2014-2018)
• SVP of MI Planning & Analysis of KCBA HSBC Indonesia
(2009-2014)
• Financial Controller of Standard Chartered Bank (2008-2009)
• Market Controller of American Express Bank (2004-2008)
• Staff, Credit Operations & Trade Services, Management
Accountant, Manager of Treasury Operations, AVP Treasury
Services, VP Global Payment & Cash Management, VP Credit
Operation, VP Area Finance of HSBC (1990-2004)
Affiliation
No affiliation with the Board of Directors, the Board of
Commissioners, and the Controlling Shareholders.
2023 ANNUAL REPORT PT BANK BTPN Tbk 83
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Company Profile
PROFILE OF
EXECUTIVE OFFICERS
First Joined
No. Name Education University Position
BTPN
1 Naoki Watanabe S1 University of Tsukuba 2021 Corporate Banking 2 Head
2 Karinda Listyani Rachmana S1 Ritsumeikan Asia Pacific 2019 Corporate Banking 3 Head
University
3 Hiroaki Seguchi S1 Tokyo University of Science 2020 Corporate Banking 4 Head
4 Hideaki Asatsu S1 Osaka University 2022 Corporate Banking 5 Head
5 Wibowo Kurniawan S1 Universitas Bina Nusantara 2019 Corporate Banking 6 Head
6 Virni Anggia Septiranti S1 Institut Ilmu Sosial Ilmu Politik 2019 KYC Onboarding Head
Jakarta
7 Chandra Murprabowo S1 Institut Teknologi Sepuluh 2019 Corporate Banking Business
Mudjib Nopember Surabaya Planning Head
8 Riyanthi Annisaa S2 Macquarie University 2019 Corporate Banking Loan
Reviewer Head
9 Fifi S1 Tokyo International University 2019 Credit Analyst Corporate
Banking Head
10 Ir Nathan Christianto S2 University of Groningen, The 2019 Head of Wholesale, Commercial
Netherlands & Transaction Banking
11 Jevan Purnawan S2 University of Manchester 2019 Transaction Banking & Supply
Chain Head
12 Moses Ronald Supardi S3 Leiden University 2019 Wholesale Banking Head
13 Warni S1 Stiba Persada Bunda Pekanbaru 2019 Commercial Banking & WFB
Head
14 Ahmad Zacky Hendarman S1 Institut Teknologi Bandung 2019 Wholesale Banking Business
Planning Head
15 Adityo Haryono S1 Boston University 2020 Structured Finance Head
16 Intan Natalia Wijaya S1 Sanata Dharma - Jogjakarta 2021 Wholesale Banking Project
Management_1
17 Endang Triningsih D3 ASMI 2023 Wholesale Banking Project
Management_2
18 Wiwig Wahyu Santoso S2 CSU Fullerton 2019 Head of Treasury
19 So Hirahara S1 Kyushu University 2023 Treasury ALM & Planning Head
20 Adi Erianto S2 Monash University, Australia 2019 Treasury Assets & Liabilities
Management Head
21 Rhendy Soemitro Zoro S2 Institut Teknologi Bandung 2023 Treasury Trading Head
22 Slamet Riyadi S. S1 Perbanas Institute 2019 Treasury Marketing Head
23 Sutan Alamsaputra Ad S1 Universitas Indonesia 2019 Treasury Planning Head
24 Jeffrey Cheanandro Tjoeng S1 Oklahoma State University 2020 Head of Business Banking
25 Willem E.o Umboh S1 Universitas Sam Ratulangi 2015 Business Banking Support Head
Manado
26 Sidik Waskito,St S1 Universitas Sebelas Maret 2012 Business Banking Credit Risk
Head
27 Novri Irza Hidayattullah S1 Universitas Gadjah Mada 2019 Business Banking Policy &
Control Head
28 Margareth P. Santosa S2 Universitas Indonesia 2019 SME Head
84 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Company Profile
First Joined
No. Name Education University Position
BTPN
29 Anita Natalia S1 Universitas Trisakti 2013 Business Banking Strategy
Head
30 Vonny S2 Edith Cowan University 2015 Digital SME Business Head
31 Charles Anthony Bunaidi S1 Pensicola Christian College 2022 Business Banking Business
Development Head
32 Takeshi Nishimura S1 Ritsumeikan University 2023 Business Banking Cross
Collaboration Head
33 Kamaluddin S1 Universitas Indonesia 2021 Tax Management Head
34 Arif Suseno S1 Universitas Indonesia 2019 Financial Controller
35 Kenji Okada S1 Kyoto University 2021 Alignment & Synergy Planning
Head
36 Hendra Gunawan S1 Universitas Tarumanagara 2021 Strategy Implementation Head
37 Lia Asoka S1 Unika Atmajaya 2021 Finance Risk, Control &
Governance Head
38 Elsa Ariany Setyadi S1 Universitas Tarumanagara 2023 Financial Planning &
Performance Head
39 Jeny Mustopha S2 Emeritus Institute 2020 Head of Information Technology
of Management
40 Jufri D3 Alexander Collage - Perth, 2013 IT Strategic Planning & Data
Western Australia Management Head
41 Andi Febri Cahyo S2 Universitas Indonesia 2008 IT Retail Banking & Corporate
Functions Enablement Head
42 Hayato Inoue S2 Graduate School of Tsukuba 2021 IT Corporate Banking
Enablement Head
43 Joko Kurniawan S1 Binus Business School 2010 IT Digital Service Enablement
Head
44 Akira Kuwata S2 Keio University 2023 IT Governance Management
Head
45 Iman Triono S2 Gunma University 2019 IT Transaction Management
Head
46 Sendiaty Sondy Se S1 Universitas Trisakti 2012 Head of Risk Management
47 Wahyu Nugroho Y.a.s S2 Perbanas 2021 Portfolio Management & Policy
Head
48 Heru Rustanto, Se S2 Universitas Tarumanagara 2014 Operational & Fraud Risk
Management Head
49 Deni S2 Universitas Indonesia 2019 Market & Liquidity Risk
Management Head
50 Keisuke Heima S2 Kyoto University 2022 Risk Management Planning
51 Buyung Bachtiar S1 Universitas Bina Nusantara 2019 Cyber Security Risk
Management Head
52 Tasuku Tanaka S1 The University of Tokyo 2023 Credit Risk Head
53 Husan Mahjudin S1 Universitas Trisakti 2019 Loan Head
54 Jenny Susanto S1 Monash University, Australia 2019 Credit Head
55 Theodora Ikke Gratcia S1 Universitas Indonesia 2021 Transaction Legal Head
2023 ANNUAL REPORT PT BANK BTPN Tbk 85
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Company Profile
PROFILE OF
EXECUTIVE OFFICERS
First Joined
No. Name Education University Position
BTPN
56 Eddy Satria Nugraha S2 Sekolah Tinggi Manajemen 2019 Commercial Banking Credit Risk
Sembiring Prasetiya Mulya (Jakarta) Head
57 Tubagus Dimas Andriadie S2 Magister Management 2019 Credit Planning Head
Agribisnis - Institut Pertanian
Bogor
58 Hendra Kuncoro Jati S2 University of Technology 2019 Corporate Portfolio
Sydney Management Head
59 Hari Suci Yuliastuti S1 Universitas Gadjah Mada 2019 Anti Money Laundering & CFT
Head
60 Butet Sondang Sitepu S2 Universitas Gadjah Mada 2009 Compliance Head
61 Eneng Yulie Andriani S2 Universitas Indonesia 2019 Corporate Secretary Head
62 Argo Wibowo S2 Universitas Indonesia 2011 General Counsel
63 Andrie Darusman S1 Universitas Indonesia 2015 Communications & Daya Head
64 Arif Muhammad Fatwaddin S1 Universitas Mataram 2013 Operations Transaction Center
Head
65 Radhar Hasti Handayani S1 Universitas Katolik Parahyangan 2008 Operations Development Head
66 Ridwan Nugraha S2 Universitas Katolik Indonesia 2011 Branch Banking Head
Atma Jaya Jakarta
67 Bambang Joko Susilo S1 Universitas Trisakti 2014 Customer Experience Center
Head
68 Patritius Joko S2 Institut Teknologi Bandung 2015 Operations Control Assurance
Head
69 Heling Trihatma S1 Universitas Pancasila Jakarta 2006 Reporting, Settlement & Access
Management Head
70 Bambang Anugerah S1 Universitas Trisakti - Jakarta 2019 General Services Head
Rachmad
71 Mira Fitria S2 London School of Economic 2020 Head of Human Resources
and Political Science, Uk
72 Yvonne Febrina Syofyan S2 Golden Gate University 2019 HRBP Head Corporate Banking
73 Denty Avianty S2 Universitas Indonesia 2015 Strategic HR Management Head
74 Myrna May Witarka S2 Strathclyde University Glasgow 2022 HRBP Head IT, Operations &
Uk Functions
75 Jemmy Maruto S1 Universitas Bina Nusantara 2020 HR Technology & Services Head
76 Debbie Gracia Retnoningsih S2 Thunderbir, Graduate School of 2015 HRBP Head Retail Banking
International Management
77 Nurhajati Soerjo Hadi S1 Oregon State University, Or - 2023 Head of Internal Audit
Usa
78 Willy Johan Widjaja S. S2 Bina Nusantara 2016 IT, Digital Banking & Analytics
Audit Head
79 Bernanta Budi Danardana S1 Universitas Indonesia 2019 Audit Methodology, QA &
Development Head
80 Dessy Natalia S1 STIE Malangkucecwara 2012 Credit Audit Head
81 Stefanus Rudy Kristianto S1 Institut Pertanian Bogor 2013 Operations Audit Head
82 Ratih Wulan Indrawati, Sp S1 Institut Pertanian Bogor 2022 Wealth Management &
Corporate Functions Audit Head
83 Purnomo B. Soetadi S3 Universitas Padjadjaran 2023 Head of Retail Lending Business
84 Enrico Novian S1 Universitas Indonesia 2023 Pension Business Head RLB
86 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Company Profile
First Joined
No. Name Education University Position
BTPN
85 Yose Parlinta,Sip. S1 Universitas Gadjah Mada 2011 Sales Distribution Pension
Business 1 & Business
Excellence Head
86 Irradiatie Pierenika S1 Universitas Gajah Mada 2023 Sales Distribution Pension
Business 2 & National
Distribution Head 2
87 Dewi Puspita Sari S1 Perbanas 2017 Strategic Partnership &
Relationship Management Head
Pension Business
88 Tri Sujatioadi S1 Institut Teknologi Bandung 2010 Sales Management & Process
Excellence Head RLB
89 Fiandra Monica Affian S1 Universitas Trisakti 2019 Joint Finance Head
90 Erpantja Toho S. Pasaribu S1 Universitas Sumatera Utara 2019 Micro Business Head
91 Astri Piesca Rini S1 Institut Teknologi Bandung 2023 Product & Portfolio
Management Head RLB
92 Helena S1 Institut Pertanian Bogor 2008 Head of Wealth Management
Business and Network &
Distribution
93 Rudyanto Kemal S1 Universitas Gajah Mada 2009 Sales Management Head WMB
94 Aegeus Hutama Soewito S2 Universitas Indonesia 2020 Wealth Product Management
Head WMB
95 Chairul Sani S1 Universitas Islam Sumatera 2023 Sales Distribution WMB &
Utara National Distribution Head 1
96 Elvie Iskandar S1 Universitas Tarumanagara 2008 Liabilities & Digital Management
Head WMB
97 Rio Yussac Lopa S1 Purdue University 2021 Network Management Head
98 Sanny Kumalasari S2 Unika Atma Jaya 2019 Customer Experience Head
WMB
99 Frenky Guslove S1 President University 2015 Digital Banking Solution Head
100 Irwan Sutjipto Tisnabudi S1 The University of New South 2016 Head of Digital Banking
Wales
101 Febri S2 Prasetiya Mulya 2015 Digital Banking Partnership
Head
102 Salvy Gunawan S1 Curtin Uni of Technology 2021 Digital Banking Business
Performance & Customer Value
Management Head
103 Anita Ekasari. C S1 Universitas Katolik Parahyangan 2016 Jenius Business Stream Head
104 Citra Paramita S2 Prasetiya Mulya 2022 Retail Banking Digital Strategy
Head
105 Kosuke Shimada S2 Strathclyde Business School 2021 Digital Banking Alignment &
Sinergy Head
106 Adil Pamungkas S1 UPN Veteran Yogjakarta 2020 Retail Banking Risk Head
107 Erliana Tandoko S1 Institut Pertanian Bogor 2015 Retail Banking Analytics,
Planning & Process Excellence
Head
2023 ANNUAL REPORT PT BANK BTPN Tbk 87
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Company Profile
EMPLOYEE
STATISTICS
Until the end of fiscal year 2023, the total number of employees reached 6,636, with details as follows:
Number of Employees based on Employment Status
Employment Status 2023 2022 2021
Permanent 6,346 6,584 6,686
Contract 290 388 443
Total 6,636 6,972 7,129
Number of Employees based on Gender
Gender 2023 2022 2021
Male 3.695 3.975 4.105
Female 2.941 2.997 3.024
Total 6,636 6,972 7,129
Number of Employees based on Education Level
Education 2023 2022 2021
Academy 844 958 1.056
Bachelor’s Degree 5.467 5.692 5.783
Master’s Degree 325 322 290
Total 6,636 6,972 7,129
Number of Employees based on Position Grade
Grade of Position 2023 2022 2021
Grade 2-7 (Clerical) 1.224 1.556 1.807
Grade 8-9 (Officer/Supervisor) 1.590 1.596 1.616
Grade 10-13 (Management) 2.891 2.919 2.831
Grade 14-15 (Senior Management) 743 718 710
Grade 16-18 (Top Management) 178 173 156
Grade BOM (Board Management) 10 10 9
Total 6,636 6,972 7,129
Number of Employees based on Years of Service
Years of Services 2023 2022 2021
0 - < 1 Year 1.222 1.377 1.109
> 1 - < 3 Years 758 1.081 1.322
> 3 - < 5 Years 933 504 665
> 5 - < 10 Years 1.758 2.177 2.341
> 10 - < 20 Years 1.763 1.590 1.428
> 20 Years 202 243 264
Total 6,636 6,972 7,129
88 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Company Profile
Number of Employees based on Directorate/Division
Directorate/Division 2023 2022 2021
Business Banking 559 600 679
Corporate Banking - Japanese 115 101 98
Credit Risk 74 71 60
Digital Banking 461 420 332
Executive Secretary to Retail Banking Director 1 - 1
Human Resources 107 106 90
Internal Audit 59 50 56
Compliance & Legal 119 116 112
Finance & Planning 88 82 79
Risk Management 56 51 58
Micro Business - 553 651
Operations 2.367 2.491 2.549
Retail Banking Analytics, Planning & Process Excellence 38 42 31
Retail Banking Risk 632 622 645
Retail Lending Business 935 640 681
Secretary to Deputy President Director 1 1 1
Information Technology 475 492 478
Treasury 40 35 34
Wealth Management Business and Network & Distribution 331 346 346
Wholesale Banking 178 153 148
Total 6,636 6,972 7,129
Number of Employees based on Age
Age 2023 2022 2021
< 25 years old 228 274 250
25-29 years old 1.000 1.079 1.154
30-34 years old 1.443 1.621 1.757
35-39 years old 1.655 1.756 1.866
40-44 years old 1.272 1.204 1.122
45-49 years old 601 606 570
50-54 years old 417 413 388
55-59 years old 19 19 22
> 60 years old 1 0 0
Total 6,636 6,972 7,129
2023 ANNUAL REPORT PT BANK BTPN Tbk 89
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Company Profile
SHAREHOLDERS
STRUCTURE
Sumitomo Mitsui Financial Group
(SMFG)
100%
Sumitomo Mitsui PT Bank Negara
Public PT Bank Central
Treasury Stock Banking Corporation Indonesia (Persero)
(< 5%) Asia Tbk**
(SMBC) Tbk*
1.13% 7.72% 89.98% 0.15% 1.02%
PT BANK BTPN Tbk
70.00%
1,00% PT Bank BTPN Syariah Tbk
99%
PT BTPN Syariah Ventura
Position as of 31 December 2023
Note:
Ultimate Shareholder
Controlling Shareholders
* Converted shares due the Merger with
PT Bank Sumitomo Mitsui Indonesia
** In compliance with Regulation PP No.29 Year 1999 on the
Share Purchase of Commercial Bank and are converted
shares due to the Merger with PT Bank Sumitomo Mitsui
Indonesia
90 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Company Profile
ULTIMATE PARENT
ENTITY
SUMITOMO MITSUI FINANCIAL GROUP With the Head Office in Tokyo, SMFG operates in
the management of banking subsidiaries and other
Sumitomo Mitsui Financial Group, Inc. (“SMFG”), companies that can be treated as subsidiaries based
established on 2 December 2002 as the parent entity on the provisions of Japanese Banking Laws. In
of Sumitomo Mitsui Banking Corporation (“SMBC”), is addition, SMFG carries out ancillary functions, as well
the Controlling Shareholder of BTPN. SMFG shares are as functions that can be executed by banking holding
listed in the Tokyo Stock Exchange (First Section) and companies under the regulations of the Japanese
Nagoya Stock Exchange (First Section). Banking Laws.
The Business Mission of SMFG is to grow and prosper Companies within the SMFG business group are mainly
together with customers by providing services of higher operating in commercial banking through such financial
value to the customers; to maximize the value of the services as follows: leasing, securities, consumer
shareholders through sustainabile business growth as financing, finance, system development data processing
well as to create a working environment that supports and asset management.
and respect diligent and highly motivated employees.
For further information, please visit www.smfg.co.jp.
2023 ANNUAL REPORT PT BANK BTPN Tbk 91
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Company Profile
MAJORITY
SHAREHOLDERS
SUMITOMO MITSUI BANKING With the Head Office in Tokyo, Japan, SMBC is
CORPORATION currently one of the biggest banks in Japan with a
business network vastly spread throughout the world,
Sumitomo Mitsui Banking Corporation (“SMBC”) was such Australia, Europe, Canada, Brazil, and Indonesia.
established in April 2001 through the merger of two SMBC and its group of companies offer various
prominent banks: The Sakura Bank Limited and the financial services centralized in banking. SMBC’s
Sumitomo Bank Limited. Sumitomo Mitsui Financial banking business has nestled in 16 countries outside of
Group, Inc. was established in December 2002 as a its homeland Japan. They also operate in the business
bank holding entity through the transfer of shares, and of leasing, securities, credit card, investment, housing
SMBC became a subsidiary fully owned by SMFG. loan securities (KPR), venture capital, and other related-
In March 2003, SMBC merged its business with The credit business.
Wakashio Bank, Ltd.
Aside from BTPN in Indonesia, SMBC also retains
investments in several other companies, namely
PT Sumitomo Mitsui Finance and Leasing Indonesia,
PT Nikko Sekuritas Indonesia and PT SBCS Indonesia.
For further information, please visit www.smbc.co.jp.
SHAREHOLDER COMPOSITION AS OF 31 DECEMBER 2023
Shareholder Total Shares Percentage (%)
Sumitomo Mitsui Banking Corporation 7,332,311,297 89.98
PT Bank Central Asia Tbk 83,052,408 1.02
PT Bank Negara Indonesia (Persero) Tbk 12,007,137 0.15
Treasury Stock 92,292,198 1.13
Public (<5%) 629,443,829 7.72
Total 8,149,106,869 100.00
92 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Company Profile
COMPOSITION OF 20 LARGEST SHAREHOLDERS
No. Shareholder Total Shares Percentage (%)
1 Sumitomo Mitsui Banking Corporation - EQ 7,332,311,297 89.98
2 UBS AG London Branch Equities House -214 400,000,000 4.91
3 Barclays Capital Securities Limited SBL/ 200,000,000 2.45
4 PT Bank Central Asia TBK 83,052,408 1.02
5 PT Bank Negara Indonesia (Persero) Tbk 12,007,137 0.15
6 Christian Santoso 2,341,800 0.03
7 Cayuga Pacific Group Limited 1,177,500 0.01
8 Engelbert Winoto 1,173,700 0.01
9 Kamajaya 922,500 0.01
10 Jany Candra 910,000 0.01
11 Henry Gunawan Cahyono Putro 877,800 0.01
12 Ir. Ongki Wanadjati Dana 860,804 0.01
13 PT Timur Nusa Niagajaya 820,600 0.01
14 Bank Julius Baer and Co Ltd Singapore 806,400 0.01
15 Linda Sulistyaningsih, BCS 794,300 0.01
16 Djoko Susanto 542,500 0.01
17 Caceis Bank, Ireland Branch / Nichejungl 531,700 0.01
18 Andy Tanujaya 415,700 0.01
19 Hendry Sunito 364,100 0.00
20 Yansen Lokanata 364,100 0.00
NUMBER OF SHAREHOLDERS AND PERCENTAGE OF 5% OR MORE BASED ON
CLASSIFICATION
Shareholder Total Shares Percentage (%)
Indonesian Individuals 24,385,815 0.30
Pension Fund 117,500 0.00
Bank 187,921,743 2.31
Limited Liability Companies 1,335,034 0.02
Mutual Funds 25,100 0.00
Foreign Individuals 212,772 0.00
Foreign Companies 7,935,108,905 97.37
Total 8,149,106,869 100.00
2023 ANNUAL REPORT PT BANK BTPN Tbk 93
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Company Profile
MAJORITY
SHAREHOLDERS
SHARE OWNERSHIP OF THE BOARD OF COMMISSIONERS AND THE BOARD OF
DIRECTORS
Direct
Direct share ownership by members of the Bank’s Board of Commissioners and Board of Directors comes from the
Material Risk Taker program.
Name Total Shares Share Percentage (%) Status
Board of Commissioners
Chow Ying Hoong 0 0.000 President Commissioner
Takeshi Kimoto 0 0.000 Commissioner
Ninik Herlani Masli Ridhwan 0 0.000 Independent Commissioner
Onny Widjanarko 0 0.000 Independent Commissioner
Edmund Tondobala 0 0.000 Independent Commissioner
Ongki Wanadjati Dana* 860,804 0.011 Commissioner
Board of Directors
Henoch Munandar 173,756 0.002 President Director
Kaoru Furuya 3,000 0.000 Deputy President Director
Darmadi Sutanto 89,120 0.001 Deputy President Director
Dini Herdini 118,572 0.001 Compliance Director
Atsushi Hino 0 0.000 Director
Keishi Kobata 0 0.000 Director
Merisa Darwis 222,358 0.003 Director
Hanna Tantani 148,154 0.002 Director
* Share ownership comes from the Material Risk Taker program when serving as a member of the Board of Directors of the Company.
Indirect
There are no members of the Board of Commissioners and Board of Directors who indirectly own shares of BTPN.
All shareholdings are shares in the name and are owned directly as stated above.
94 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Company Profile
LIST OF
SUBSIDIARIES
Name of Company
PT Bank BTPN Syariah Tbk
Ownership
70%
Line of Business
Sharia Banking
Type of Legal Entity
Limited Liability Company (PT) Name of Company
PT BTPN Syariah Ventura
Head Office Address
BTPN Tower, 12th Floor Ownership
CBD Mega Kuningan
Direct ownership: 1% (based on deed
Jl. Dr. Ide Anak Agung Gde Agung, Kav. 5.5-
No. 02, dated June 2, 2022)
5.6 South Jakarta 12950
Indirect ownership through
PT Bank BTPN Syariah Tbk: 69,3%
2023 Total Asset
Rp21,429,607 (million)
Line of Business
Venture Capital
Operation Status
Operational
Type of Legal Entity
Limited Liability Company (PT)
Head Office Address
Jl. Radio Dalam No. 100
Kebayoran Baru - South Jakarta
2023 Total Asset
Rp320,596 (million)
Operation Status
Acquired operation permit from the Financial
Services Authority through the Decision Letter of
Members of the Board of Commissioners
No. KEP-23/D.05/2022 dated 20 May 2022 on the
Issuance of Company Business Permit for Sharia
Venture Capital to PT BTPN Syariah Ventura and
effective to carry out operational activities on 30
May 2022.
2023 ANNUAL REPORT PT BANK BTPN Tbk 95
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Company Profile
OPERATIONAL
AREA
OFFICE NETWORK
Description Total
Operational Head Office 1 Branch Office
Non-Operational Regional Office
Branch Office 58
9
58
Supporting Branch Office 197
Supporting Branch
Functional Office
Office
197
• Operation Functional Office 1
• Non-Operation Functional Office 0
Total Office Network 266
ATM 214 ATM
TCR
Payment Point 18
0
214
Total Office Network & ATM 498
BRANCH OFFICE ADDRESS
No. Branch Office Address Telephone Facsimile
1 A. Yani Jl. Jend.Achmad Yani 618 Bandung (022) 7211693, 7278887 (022) 7278900, 7278901
2 Bandung Jl. Lengkong Besar No. 38 Bandung (022) 4205397, 4207582 (022) 4207583
3 Garut Jl. Merdeka No. 84-A Garut (0262) 232749, 231349, (0262) 235447
232092
4 Tasikmalaya Jl. KH.Z.Mustofa 289 Tasikmalaya (0265) 336786 (0265) 332049
5 Sukabumi Jl. R.E. Martadinata 51 Sukabumi (0266) 221053 (0266) 221184
6 Cirebon Jl. Dr.Wahidin Sudirohusodo 72 Cirebon (0231) 208030, 208224, (0231) 209591
205022
7 Jakarta (Gn.Sahari) Jl.Gunung Sahari Raya 87 Jakarta (021) 4211311 (021) 4204150
8 Pondok Labu Jl. RS Fatmawati No. 1A, RT 002/RW 001 (021) 27811381 (021) 27814435
Kel. Pondok Labu, Kec. Cilandak,
South Jakarta
9 Bogor Jl. Raya Pajajaran No.63 Bogor (0251) 8373149, 8373150 (0251) 373151/2
10 Serang Jl. KH. Tb. A. khatib 43 Serang (0254) 203282 (hunting) (0254) 208794
11 Kebayoran Baru Jl. Petogogan II no. 6-8 Blok A South Jakarta (021) 2702782, 72795313 (021) 2702782, 72795313
12 Cililitan Jl. Dewi Sartika No. 46, Kel. Cililitan (021) 80875102-5 (021) 80875106
Kec. Kramat Jati, East Jakarta
13 Pontianak Jl. Gajah Mada No. 153-157 Kode Pos 78121 (0561) 748236 (0561) 761529, 760058
Pontianak
96 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Company Profile
No. Branch Office Address Telephone Facsimile
14 Depok Jl. Margonda Raya No. 77 Depok (021) 7777357 (021) 7777358
15 Banjarmasin Jl.Jend A. Yani No. 240 Km 3,5 Banjarmasin (0511) 3256912-5 (0511) 3256916
16 Samarinda Jl. Pahlawan No. 88 - 89, RT 27, Kel. Dadi (0541) 201030 (0541) 200930
Mulya, Kec. Samarinda Ulu, Kota Samarinda
17 Palangkaraya Jl. Cilik Riwut KM. 1 No. 30 Palangkaraya (0536) 3242682 (0536) 3242492
18 Balikpapan Jl. Ahmad Yani No. 10, RT 045, Kel. Gunung (0542) 428100 (0542) 417676
Sari Ilir, Kec. Balikpapan Tengah, Balikpapan
19 Magelang Jl. Diponegoro 18 Magelang (0293) 362425 (0293) 363431
20 Semarang Jl. MT. Haryono No. 715 Semarang (024) 8454592-93-94 (024) 8454591, 8319135
21 Kudus Jl. P. Sudirman 117 Kudus (0291) 439286 (0291) 435002
22 Tegal Jl. Dr. Soetomo 24 Tegal (0283) 352520 (0283) 352522
23 Yogyakarta Jl.Bintaran Tengah No.15 Yogyakarta (0274) 377228 (0274) 370137
24 Surakarta Jl.Brigjen Slamet Riyadi No. 526 Surakarta (0271) 719203, (0271) 724580, 715668,
724581,724582 722630
25 Purwokerto Jl. Wiriaatmaja No. 16, Desa Kedungwuluh, (0281) 632038 (0281) 632037
Kec. Purwokerto Barat, Kabupaten Banyumas
26 Surabaya Jl. Indrapura No.1 EFG Surabaya (031) 3533054, 3533058 (031) 3532035
27 Kertajaya Jl. Kertajaya 30 Surabaya (031) 5017537 (031) 5019484
28 Denpasar Jl. Letda Tantular No. 1 Rukan Dewata Square (0361) 233344 (Hunting) (0361) 233336
No. A21-A23 Denpasar
29 Mataram Jl. Pejanggik No. 86 Mataram (0370) 629844, 629845, (0370) 629847
629848
30 Kupang Jl. Irian Jaya, RT. 11/RW 03, Kel. Fatubesi, (0380) 832999 (0380) 833368
Kec. Kelapa Lima, Kota Kupang
31 Malang Jl. Jaksa Agung Suprapto No. 63 Malang (0341) 362963 (0341) 340413
32 Madiun Jl. Salak Raya 65 Madiun (0351) 462974 (0351) 453311
33 Jember Jl. Kalimantan 18-A Jember (0331) 335237 (0331) 335701
34 Kediri Jl. Brigjen Katamso 32 Kediri (0354) 685990 (0354) 673553
35 Medan Jl Putri Hijau No. 20 Medan (061) 4151655 (061) 4151711, 4522566
36 Pematang Siantar Jl. Sutomo No. 5/II Pematang Siantar (0622) 21762 (0622) 431957
37 Sibolga Jl. Putri Runduk No. 10, Kel. Pasar Belakang, (0631) 21112
Kec. Sibolga, Kota Sibolga
38 Padang Jl. Khatib Sulaiman No. 45, Kel. Belanti Barat, (0751) 7050655 (0751) 446360
Kec. Padang Barat, Padang
39 Bukittinggi Jl. Profesor M. Yamin No. 9 A/B/C/D, (0752) 8100567 (0752) 8100568
Kelurahan Aur Kuning, Kecamatan Aur Birugo
Tigo Baleh, Kota Bukittinggi
40 Batam Kota Compound of Raflesia Business Centre Block 0778 – 424893 (0778) 4173224, 4173225,
G No. 1, Kel. Teluk Tering, 4173226
Kec. Nongsa, City of Batam
41 Pekanbaru Jl. Jenderal Sudirman No.484 C-D, Pekanbaru (0761) 839445 (0761) 839609
42 Jambi Jl. Prof. M. Yamin, SH No. 32-34, RT. 13/ (0741) 668849 (0741) 668596
RW.04, Kel. Payo Lebar, Kec. Jelutung, Jambi
43 Bandar Lampung Jl. Wolter Mongonsidi No.15 Bandar Lampung (0721) 267445 (0721) 267448
44 Palembang Jl. Jend. Sudirman No. 16 Palembang (0711) 360548, 360547 (0711) 360549
2023 ANNUAL REPORT PT BANK BTPN Tbk 97
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Company Profile
OPERATIONAL
AREA
No. Branch Office Address Telephone Facsimile
45 Bengkulu Jl. Jenderal Ahmad Yani No. 925, (0736) 28776 (0736) 28769
Kel. Jitra, Kec. Teluk Segara, Bengkulu
46 Makassar Jl. G. Bawakaraeng 170-176 Makassar (0411) 4585, 449073,
435911
47 Parepare Jl. Sultan Hasanuddin No. 12 dan 13, (0421) 24582 (0421) 22943
Kel. Ujung Sabbang, Kec. Ujung, Parepare
48 Manado Jl. Dr.Sam Ratulangi 100-102 Manado (0431) 854102, 854104, (0431) 864401, 866615
856346, 856347, 852339
49 Ternate Jl. Hasan Esa No. 87, Kelurahan Tanah Tinggi, (0921) 3110787
Kecamatan Ternate Selatan, Kota Ternate,
Maluku Utara
50 Kendari Jl. DR. Sam Ratulangi No. 10, RT 001/RW 001, (0401) 3129111 (0401) 3129111
Kelurahan Mandonga, Kecamatan Mandonga,
Kota Kendari, Sulawesi Tenggara
51 Palu Jl Prof. M Yamin Nomor 114, Paluta Building (0451) 454565 (0451) 454054
Blok A1,A2,A3, Kel. Tatura Utara, Kedungdoro
Kec. Palu Selatan, Palu
52 Ambon Jl. Anthony Rhebok No. 41, Kel. Honipopu, (0911) 345806
Kec. Sirimau, Kota Ambon, Provinsi Maluku
53 Jayapura Jl. Raya Abepura – Kotaraja No. 51A – 51B (0967) 531324 (0967) 531323
(Samping Kantor Askes/BPJS),
Kecamatan Abepura, Kota Jayapura
54 Juanda Jl. Ir. H. Juanda No. 8 Bandung (022) 4268100 - 01 (022) 4206749
55 Panglima Polim Jl. Panglima Polim Raya No. 67 A-B, (021) 7234388 (021) 7234377
Kebayoran Baru, Jakarta
56 Zainul Arifin Medan Jl. K.H. Zainul Arifin No. 25, Medan (061) 4574034 (061) 4574022
57 Pandanaran Jl. Pandanaran No. 23, Kelurahan Randusari, (024) 86453203, 86453204 (024) 86453200
Kecamatan Semarang Selatan, Semarang
58 Diponegoro Jl. Ciliwung No. 9, Kel. Darmo, (031) 5621172, 5621173, (031) 5621080,5621030
Kec. Wonokromo, Surabaya 5621205, 5664555
BUSINESS PARTNER NETWORK
Business Partner Total
Individual 32
• Domestic 32
• Foreign 0
Institutional 589
• Domestic 577
• Foreign 12
98 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Company Profile
MEMBERSHIP
IN ASSOCIATIONS
Association Position
Indonesia Issuers Association (AEI) Member
National Banking Association (Perbanas) Member
Indonesia International Banks Association (PERBINA) Member
Forum Komunikasi Direktur Kepatuhan Member
Asosiasi Sistem Pembayaran (ASPI) Member
Indonesian Corporate Secretary Association (ICSA) Member
CHRONOLOGY OF
SHARES LISTING
The listing chronology of BTPN shares on the Indonesia Stock Exchange is outlined in the table below:
Nominal Value/
Date of Listing Corporate Action Exercise Price Additional Shares Total Shares
Share (Rp)
12 March 2008 Initial Offering 100 2,850 267,960,220 943,936,190
10 December 2010 Public Offering with 100 - 188,787,238 1,132,723,428
Right Issue I
28 March 2011 Stock Split 20 - - 5,663,617,140
14 March 2012 Additional Shares from 20 - 176,670,117 5,840,287,257
IFC Loan Conversion
23 May 2016 Buy Back 20 - - 5,840,287,257
1 February 2019 Total Addition from 20 - 8,148,916,869
SMBCI Shares
26 August 2019 Fulfillment of Free Float 20 3,600 400,000,000 8,148,928,869
Stock Terms
31 December 2019 MESOP 2015: - -
Stage I 20 - -
Stage II 20 - -
Stage III 20 - -
Stage IV 20 - -
Stage V 20 - -
Stage VI 20 - -
31 December 2021 MESOP 2016:
Stage I 20 2,617 10,670,600
Stage II 20 2,617 1,112,900
Stage III 20 2,617 12,000
Stage IV 20 2,617 3,000 8,148,931,869
Stage V 20 2,617 -
Stage VI 20 2,617 175,000 8,149,106,869
2023 ANNUAL REPORT PT BANK BTPN Tbk 99
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Company Profile
CHRONOLOGY OF OTHER
SECURITIES LISTING
Rating
Name of Obligation Date of Issue Principla Value Interest Currency Maturity Date Rating Period
2024 2023
Public Offering 27 November 201,000,000,000 7.75 IDR 26 November AAA AAA 13 April 2023 –
of Shelf Registered 2019 2024 (idn) (idn) 13 April 2024
Bonds IV Bank BTPN
with Fixed Interest
Rate Stage I Year 2019
B series
PUBLIC ACCOUNTANT
FIRM
Name of KAP : KAP Siddharta Widjaja & Rekan (a member firm of KPMG International Limited)
Address : 33rd floor Wisma GKBI 28, Jl. Jend.Sudirman Jakarta 10210
Telephone : +62 (0) 21 574 2333 / 574 2888
Assignment Period : 2023
Audit Services Provided : Interim Financial Statement Audit September 30, 2023
Fees : Rp10,800,000,000 (excluding VAT)
Audit Services Provided : Annual Financial Statement Audit December 31, 2023
Fees : Rp5,100,000,000 (excluding VAT)
Non Audit Services Provided : Comfort Letter Services
Fees : Rp1,350,000,000 (excluding VAT)
100 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Company Profile
NAMES AND ADDRESSES OF
CAPITAL MARKET INSTITUTIONS
AND/OR SUPPORTING
INSTITUTIONS
SECURITIES ADMINISTRATION TRUSTEE
BUREAU
PT Bank Mega Tbk
PT Datindo Entrycom Menara Bank Mega
Jl. Hayam Wuruk No. 28 Jakarta 10120 Jl. Kapten P Tendean No. 12-14A
Tel : +62 21 350 8077 (Hunting) Jakarta 12790 – Indonesia
Fax : +62 21 350 8078 Tel : +62 21 791 75000
Fax : +62 21 799 0720
RATING AGENCY Ashoya Ratam, SH, MKn
Notaris & PPAT
PT Fitch Ratings Indonesia Kota Administrasi Jakarta Selatan
DBS Bank Tower, Lt 24, Suite 2403 Jl. Suryo No. 54 Jakarta 12180 – Indonesia
Jl. Prof. Dr. Satrio Kav 3-5 Jakarta 12940 Telp : +62 21 2923 6060
Tel : +62 21 2988 6800 Fax : +62 21 2923 6070
Fax : +62 21 2988 6822
PT Pemeringkat Efek Indonesia (PEFINDO)
Equity Tower Lantai 30
Sudirman Central Business Disctrict Lot 9
Jl. Jenderal Sudirman Kav.52-53
Jakarta 12190 - Indonesia
Tel : +62 21 509 684 69
Fax : +62 21 509 684 68
2023 ANNUAL REPORT PT BANK BTPN Tbk 101
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Company Profile
INFORMATION ON
COMPANY WEBSITE
The information contained in Bank BTPN’s website
complies with the provisions set out in the Financial
Services Authority Regulation No. 8/POJK.04/2015 on the
Website of Issuers or Public Companies. All information
can be accessed by the public through the website www.
btpn.com.
102 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Company Profile
Information available include the following:
Information Link
About Us
• BTPN in Brief
• Management
• Vision, Mission and Values
https://www.btpn.com/id/tentang-kami
• Contact Us
• Daya
• Unit Bisnis
Products and Services
• Saving
• Loan
• Banking Transaction https://www.btpn.com/id/produk-dan-pelayanan/simpanan
• Investment Product and Bancassurance
• Treasury Solution
News and Media
• News Broadcast/Press Release
• Events
• Special Review https://www.btpn.com/id/berita-media#!
• Customer Success Story
• Financial Education
Investor Relation
• Publication on Risk Exposure & Capitalization by Category
• Annual Report and Sustainability Report
• Financial Statement
• Financial Highlights
• Leverage Ratio & Disclosure of Capitalization in Accordance with
Basel Framework
• Information on Investor & Public Expose
https://www.btpn.com/id/hubungan-investor
• Composition of Shareholders and Group’s Organizational Structure
• General Meeting of Shareholders (GMS)
• Corporate Governance
• Information Transparency
• Corporate Action
• Capital Market Institution & Supporting Profession
• NCR NSFR Report
Interest & Exchange Rate
• Exchange Rate
https://www.btpn.com/id/prime-lending-rate/kurs
• Basic Credit Interest Rate
2023 ANNUAL REPORT PT BANK BTPN Tbk 103
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Page 107
MANAGEMENT
DISCUSSION
AND ANALYSIS
106 Economic Review and The Banking Industry 135 Capital Structure
106 Economic Review 136 Material Commitment Related to Capital Goods
107 Banking Industry Review Investment
108 Performance Review by Business Segment 137 Realization of Capital Goods Investment
108 Retail Banking 137 Information and Material Facts that Occured After The
110 Jenius Report Date
112 Retail Lending Business 137 Targets, Realization, and Projections
116 Wealth Management Business 138 Business Prospects
117 Business Banking 138 Dividend
118 Corporate Banking 139 Long-Term Compensation: Employee and Management
Stock Ownership Program
119 Fund Collection
139 Realisation of The Use of Public Offering Proceeds
120 Financing
140 Material Transactions with Conflicts of Interest and/or
120 Trade Finance
Transactions with Affiliated/Related Parties
121 Cash Management
142 Material Information on Transactions Related to
121 Foreign Exchange Investment, Expansion, Divestment, Acquisition and
122 Treasury Loan/Capital Restructuring
123 Sharia Banking 142 Changes in The Laws and Regulations with Significant
126 Profitability by Business Segment Impact
128 Financial Performance Review 143 Changes In Accounting Policies
128 Balance Sheet 143 Tax Payer Compliance
133 Profit and Loss Performance 144 Marketing Aspect
134 Cash Flow 144 Strategi Pemasaran
134 Ability to Pay Debt 145 Pangsa Pasar
135 Prime Lending Rate
In 2023, the national banking
sector’s capitalization level
remains robust, liquidity
remains adequate, and non-
performing loans are well-
maintained despite continued
credit growth.
Page 108
Management Discussion and Analysis
ECONOMIC REVIEW AND
THE BANKING INDUSTRY
Indonesia’s economy has shown
resilience despite facing an unstable
global economy.
Economic growth Banking third party funds growth
in 2023 YoY in 2023 YoY
5.05% 3.73%
Indonesia’s economy in 2023 grew by 5.05%, Banking TPF grew by 3.73%, driven by an
lower than the achievement in 2022 which increase in current accounts of 4.57%.
experienced growth of 5.31%.
ECONOMIC REVIEW The decline in inflation in developed countries, including
the United States, Europe, and the United Kingdom,
Global economic performance in 2023 has slowed, continues. This condition implies that the cycle of
with growth of 3.1% annually or year on year (YoY), benchmark rate reductions is expected to begin in the
compared to 3.5% in 2022. This slowdown was caused second quarter of 2024, or even the second semester.
by a significant increase in global interest rates. Meanwhile, the Central Statistics Agency (BPS)
announced that the Indonesian economy grew by
In 2023, the US economy remained strong, driven by 5.05% year on year. This achievement exceeds the
household consumption and investment. On the other International Monetary Fund’s (IMF) and World Bank
hand, China’s economy slowed due to low household projections of 5% and 4.9%, respectively.
consumption and investment as a result of the property
sector’s poor performance.
106 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Management Discussion and Analysis
In terms of inflation, conditions in Indonesia continue to improve. In 2023, it was only 2.6%, down from 5.5% in 2022.
The country’s low inflation rate could support a reduction in the benchmark interest rate in 2024.
Nonetheless, the risk of rising inflation remains, as does the risk of rising food prices as a result of the extended dry
season. In addition, energy commodity prices are rising in response to the ongoing global geopolitical conflict.
Development of Several Economic Indicators
Indicator Unit 2023 2022 2021
National GDP Growth (%, (yoy)) 5.05 5.31 3.70
GDP Per Capita (USD) – Nominal 4,919.7 4,798.1 4,362.7
External Current Account % of GDP (0.11) 0.97 0.30
Central Government Debt % of GDP 38.11 39.6 41.0
Foreign Exchange Reserves- (USD Billion) 146.4 137.2 144.9
IRFCL
Foreign Exchange Reserves (number of months of imports and 6.5 5.9 8.6
Capacity external debts)
BI Interest Rate Policy (% year-end) 6.0 5.5 3.5
Consumer Price Index (% year-end) 2.61 5.51 1.87
Fiscal Balance (% of GDP; Fiscal Year) (1.65) (2.38) (4.65)
S&P Rating – Foreign - BBB BBB BBB
Currency
BANKING INDUSTRY REVIEW supported by strengthening pro-market monetary
operations strategies, including through trading of Bank
According to Financial Services Authority data, Indonesia Rupiah Securities (SRBI) in the secondary
commercial banks in Indonesia have a high capital market, which allows banks to manage liquidity.
adequacy ratio (CAR), at 27.65% in December 2023.
Bank liquidity remains adequate, as evidenced by the Meanwhile, the banking non-performing loan (NPL)
December 2023 Liquid Assets to Third Party Funds (LA/ ratio was recorded as low, at 2.19% gross and
TPF) ratio, which remains at a high 28.73%. 0.71% net. Overall, strong banking resilience is
bolstered by corporations and households continued
Banking liquidity is also relatively stable, reflecting strong repayment capacity, which is consistent with
the high level of banking placements in liquid improving corporate performance and household
securities and Bank Indonesia’s implementation of income expectations. The stress-test results from Bank
the Macroprudential Liquidity Incentive Policy (KLM). Indonesia show that the banking sector’s resilience
Banking liquidity capacity (lending capacity) is also remains strong in the face of future uncertainties.
Performance of Conventional Commercial Banks
Indicator Unit 2023 2022 2021
Capital Adequacy Ratio (CAR) % 27.7 25.7 25.7
Net Interest Margin (NIM) % 4.8 4.7 4.6
Loan to Deposit Ratio (LDR) % 83.8 78.8 77.1
Non-Performing Loan (NPL) % 2.2 2.4 3.0
Special Mention (SM) % 4.3 3.8 4.1
Loan Growth % 10.4 11.4 5.2
Deposit Growth % 3.7 9.0 12.2
Net Profit After Tax Rp Trillion 243.3 201.8 140.2
Source: OJK
2023 ANNUAL REPORT PT BANK BTPN Tbk 107
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Management Discussion and Analysis
PERFORMANCE REVIEW
BY BUSINESS SEGMENT
Bank BTPN’s performance remains
well-preserved, especially in the
retail segment, in line with the Bank’s
implemented strategy.
Jenius Syariah
Customer Segment
19.20% Rp 1.1 trillion
In 2023, the number of customers served by Net profit achieved by the Syariah segment on a
Jenius increased by 19.20% to 5.4 million consolidated basis.
customers, from 4.4 million customers in 2022.
PT Bank BTPN Tbk (“Bank BTPN”, “BTPN”, “Bank”) RETAIL BANKING
operates in five segments: Retail Banking, Business
Banking, Corporate Banking, Treasury, and Sharia The Retail Banking business segment is divided into
Banking. several main business units, including digital banking
through Jenius, wealth management business, retail
Sharia banking business activities are carried out by a lending business, which includes pension business,
subsidiary, PT Bank BTPN Syariah. Thus, the business micro businesses, and joint finance. These businesses
performance report for each business segment offer a wide range of products and services, both
presented is consolidated. traditional and digital.
108 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Management Discussion and Analysis
BTPN continues to develop new products and services • Expanding products and services by adding loan,
in order to provide complete, fast, and secure life funding, bancassurance, investment products and
finance transactions. As a dynamic business, Retail improving the service network.
Banking is constantly adapting to new challenges, • Building digitalization of all businesses through the
particularly in terms of lending and funding portfolio Jenius platform.
growth. These efforts are carried out through the • Develop features to attract new customers,
continued development of innovation, as well as increase banking transactions and expand
improvements in digitalization and branding. cooperation with various online partners
(e-commerce).
The Bank also actively participates in the online/offline • Improve Retail Banking branding, especially in
ecosystem by providing new products and investments, Jenius & customer experience.
thereby increasing the number of customers. Similarly,
the number of transactions increased, as did non- Performance Achievement
interest income (fee-based income). In 2023, the number of customers in the Retail Banking
business segment had reached 5.4 million. The number
2023 Initiatives and Strategies increased by 17.8%, compared to 4.6 million in 2022.
Retail Banking continues to develop Jenius as a digital
transaction platform for all retail products in order to Third Party Funds (TPF) were successfully recorded
increase savings and deposits while also lowering the at Rp37.9 trillion, increased from Rp37.2 trillion the
cost of funds. Other initiatives include: year before. Meanwhile, loan distribution had reached
• Strengthening the business model, especially to Rp26.7 trillion in 2023, up by 3.49% compared to 2022,
support the growth of the loan portfolio and low- which was Rp25.8 trillion.
cost funds.
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Management Discussion and Analysis
PERFORMANCE REVIEW
BY BUSINESS SEGMENT
2023 Retail Banking Operational Performance
Description Unit 2023 2022 2021
Customer Million 5.4 4.6 3.9
Third Party Fund (Rp Trillion) 37.9 37.2 33.3
Loan (Rp Trillion) 26.7 25.8 28.2
2024 Strategic Plan 2023 Initiatives and Strategies
In the future, Retail Banking will continue its three-year Throughout 2023, the Jenius business line implemented
execution strategy with several initiatives, including: strategic initiatives such as:
• Increase income growth from various businesses, 1. Extended the foreign currency feature’s operating
maintain loan portfolio quality, and develop hours from 09.00 to 21.00 WIB on Monday through
profitable businesses. Friday, up from 09.00-18.00 WIB previously.
• Introducing more loan products, implementing The number of foreign currencies at Jenius is
Banking as a Service (BaaS), and expanding also increasing, with the addition of 2 (two) new
service channels. currencies, the Chinese Yuan (CNY) and the Thai
• Expanding Jenius’ capabilities as a digital platform Baht (THB). Jenius now has nine foreign currencies:
for all retail products while also developing end-to- USD, AUD, JPY, GBP, HKD, SGD, EUR, THB, and
end process digitalization. CNY.
Increasing participation in the ecosystem, both online 2. QRIS is becoming increasingly popular for cashless
and offline, by encouraging collaboration with transactions. Jenius recognized this potential and
various potential partners and promoting inorganic introduced the fast-track Jenius QR scan. This
growth. innovation allows users to scan QRIS directly on
• Strengthen collaboration between business lines, the PIN page to complete transactions.
both within retail and non-retail. 3. To celebrate Jenius’ 7th anniversary, the Bank is
launching a 7 Days 7 Nights promotion program
that took place from August 2023 to January 2024,
JENIUS from 11-17 every month. This program provides
attractive promotions ranging from food, drink,
Jenius is one of the business units within the Retail transportation, fashion, and the gadget of your
Banking business segment. This unit offers digital choice.
banking services. The Jenius digital banking platform is 4. Redeeming Yay Points with the Jenius Credit
accessible through a smartphone application that can Card is becoming more interesting. Jenius Credit
be downloaded. Card Yay Points could previously be exchanged
for e-wallet balances (OVO and GoPay), but they
Jenius provides customers with a revolutionary banking can now also be exchanged for travel categories
experience through a variety of features that can be such as Traveloka Points and KrisFlyer Miles. This
accessed from anywhere and at any time. Customers exchange can be completed online and in real time
can use this service to manage their finances digitally. using the application.
5. The customer onboarding process is streamlined
Jenius is equipped with Visa debit and credit cards, and safer. Jenius introduces Liveness Biometrics
allowing you to manage your life finances more simply, with facial recognition for a more seamless and
smartly, and safely on Android and iOS smartphones. secure verification process.
Jenius continues to engage in co-creation activities with
the digitally literate community, including both Jenius
users and potential users, by accommodating and
110 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Management Discussion and Analysis
implementing their ideas as future iterations of Jenius. Meanwhile, funding for customer products (Flexi Cash,
By the end of 2023, more than 44,000 digitally savvy Pay Later, and Credit Cards) increased significantly in
individuals have joined Jenius Co.Create, with locations 2023, by 120.57%. In 2023, total funding had reached
across the country and abroad. This channel has been Rp2.2 trillion, an increase from Rp1.0 trillion in 2022. In
used to conduct over 1,000 online surveys and focus terms of portfolio quality, it remains stable, with a non-
group discussions (FGD). To reach a larger audience, performing loan (NPL) level of approximately 2.48%.
all Jenius Co.Create activities are held both online and
offline. The increase in customer engagement with Jenius
products in 2023 is reflected in the number of QRIS
2023 Performance Achievement transactions, which increased by 238.73% from the
In 2023, the number of customers served by Jenius had previous year. Foreign currency transactions on the
increased by 19.20% over 2022. Jenius’ collection of Jenius app also increased by 93.91% compared to
third-party funds (TPF) had reached Rp25.5 trillion in 2022. In addition, Jenius Credit Card spending volume
2023, an increase of 7.57% compared to Rp23.7 trillion increased by 3997% over the previous year.
the year before.
Jenius Operational Performance in 2023
Description Unit 2023 2022 2021
Customer People 5.238.842 4.395.173 3.664.171
Third Party Fund (Rp Million) 25.491.621 23.698.326 15.602.929
Funding (Rp Million) 2.210.521 1.002.172 325.337
2024 Strategic Plan Jenius will continue to contribute to the development of
In 2024, Jenius will continue to develop the features an integrated digital ecosystem both domestically and
required by its users as part of its commitment to internationally. Additional collaboration with domestic
remaining a complete and relevant life finance solution. and foreign partners related to Jenius Pay, a QRIS-
Among other things, the introduction of a new brand based payment ecosystem, and Yay Points exchange
direction called “Think Unthinkable,” foreign currency will continue to generate interest in Jenius among
features, Jenius digitalization services on other digitally savvy people.
platforms, expanding collaboration with partners for
transactions and Yay Points exchange, and expanding In addition, Jenius will focus on collaborating with
QRIS transaction services with Jenius. partners to add financial and banking services to partner
platforms using digital technology. This integration and
The Think Unthinkable message, which highlights collaboration represent Jenius’ effort to provide partner
Jenius’s spirit from the beginning to present innovation platform users with digital banking services owned by
and features in previously unthinkable ways, was also Jenius, allowing users to have a more comprehensive
introduced by Jenius to kick off 2024. This innovation is service experience with “Banking as a Service” from
being carried out to improve the lives of digitally savvy Jenius.
individuals. This message also includes an Unthinkable
Days promotion with favorite merchants, which runs On the other hand, the Jenius application model will be
every day from February 1 to April 30, 2024. implemented by banking businesses to segment and
target markets with specific financial and digital literacy.
The foreign currency feature will be operational Monday Previously, this strategy was implemented in the BTPN
through Sunday for 24 hours (24/7). Accordingly, Jenius Sinaya business, which served priority customers, and
users can sell, buy, send, and receive foreign currency in 2024, it will return to serve customer segments with
over an extended period of time. different and simpler financial needs via Jenius as a
Platform.
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Management Discussion and Analysis
PERFORMANCE REVIEW
BY BUSINESS SEGMENT
Jenius’ strategic activity plans include education Joint Financing Business
on data and transaction security. Education, as in RLB’s business unit focuses on providing services
previous years, will be carried out both online and and credit to individual debtors and business entities
offline by involving creators (co-creators - members of through collaboration with multi-finance and fintech
the Jenius Co.Create community), media, or Jenius’s companies.
communication activities via social media.
For this collaboration, the business unit provides 2
The ongoing partnership activities in creation (co- (two) types of collaboration services in the form of joint
creation) will be continued. Through this process, financing and channeling. Joint financing is a method
co-creators can continue to provide feedback and of channeling bank credit to customers who collaborate
collaborate on developing Jenius features, ensuring that with multi-finance companies under certain terms and
they remain relevant in everyday life. conditions, including a mutually agreed-upon financing
portion.
RETAIL LENDING BUSINESS Channeling is a method of distributing bank credit to
customers through partnerships with multi-finance or
Retail Lending Business (RLB) provides services and fintech companies. The bank provides certain terms and
access to funding for consumptive and productive conditions, as well as all financing funds.
purposes for individual customers. It consists of 3
(three) business units: 2023 Initiatives and Strategies
The RLB business units’ 2023 initiatives and strategies
Pension Business are as follows:
This unit offers pension benefit payment services
through Citra Pensiun Savings accounts, which Pension Business
include a variety of features and conveniences tailored Pension Business collaborates with PT Taspen
specifically for retired customers. These services (Persero), a long-standing partner, as well as PT Asabri
are available through a variety of BTPN service (Persero) and various SOE Pension Funds, to provide
channels, including the BTPN branch network, the pension payment services. As a trusted partner in
BTPN, Bersama, and PRIMA ATM networks, and the providing pension payment services, Pension Business
Indonesian Post Office network. will always maintain its role and function by focusing on
and implementing the following:
Meanwhile, Pension Business offers multi-purpose loan a. Ensure and guarantee payments to eligible
products that can be used for a wide range of consumer retirees— appropriate people.
needs for active, pre-retired, and retired employees, b. Pension payments/services are conducted on time
tailored to each customer’s abilities and needs. and in the appropriate amount.
c. Send accurate and reliable monthly reports
In addition, Pension Business is currently developing on a regular basis to partners - appropriate
home ownership loan products for employees, administration.
professionals, and entrepreneurs.
Pension Business provides the following financial
Micro Business services to meet the retirement aspirations of TNI/
This business unit focuses on providing services and POLRI members:
credit to productive economic actors in Indonesia’s a. One of the financial aspirations of active TNI/POLRI
micro and small sectors, as well as their communities. members as they near retirement is to become
This business unit offers 2 (two) service products: Maxi entrepreneurs.
Micro (secured loan) and Digital Micro (digitally based b. In addition, active TNI/POLRI members require a
unsecured loan). retirement planning and preparation program.
112 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Management Discussion and Analysis
The following are some of the strategic steps taken in Micro Business
consumer loan products: In 2023, multiple adjustments have been made to
a. Implementing new acquisition, collection, and the Bank’s initiatives and strategies as a respond to
collaboration models with third parties, such as the challenges, with the goal of focusing on business
credit portfolio sales and purchases, as well as growth and maintaining good credit quality during
credit distribution collaborations with other financial implementation.
institutions.
b. Concentrating on customer segments such as In order to address these challenges, the strategies that
state civil servants, TNI/POLRI members, SOE were implemented include:
employees, private employees, and others who a. Maintaining loan portfolio quality and increasing
meet the criteria, beginning with those who are still growth through continues transformation process.
active and progressing to those who have retired. b. Optimizing the use of digital applications and
Through the Daya program, prospective retirees are internal systems by transitioning to a transformation
being prepared to support business preparations model that combines sales forces and digital
while entering and undergoing retirement. processes with the goal of increasing customer
c. Integrate banking services into digital platforms productivity.
using mobile phones and applications. c. Implement a distribution model or micro business
d. Business processes are simplified, including service line that is tailored to the existing
process centralization, to provide faster and better distribution model.
services. To adapt to the “new normal” conditions, d. Implement and continuously improve human
business processes were developed to minimize resource capabilities in accordance with the digital
“face-to-face” interactions. micro business model.
e. Align work processes, policies, infrastructure e. Continuing and managing the KUR business model
requirements, products, and services in through a partnership and the Avalis model.
accordance with priority needs and policy changes
implemented by work partners, including the Joint Finance Business
development of necessary technology such as In 2023, the joint finance business took the initiative
biometrics, QR codes, and so on. to focus on business growth in existing multi-
f. Collaborating with Taspen to develop integrated finance and fintech companies while also bringing
service processes and systems, particularly for on new, selectively chosen multi-finance and fintech
online and real-time Taspen participants using SLA collaboration partners. This allows for the maintenance
one-hour online service (Taspen One Hour Online of high credit quality.
Service - TOOS).
g. Improving the Bank’s services and competitiveness The strategies that were implemented include:
by focusing more on improving services through a. Establish closer relationships with existing
network expansion and new forms of collaboration collaboration partners by offering financing
with third parties for pension benefit payment, products that business units could not previously
as well as providing chip-based ATM card provide.
facilities to all Retail Lending - Pension customers b. Sourced for new collaboration partners more
in accordance with NSICCS standards, and selectively using strict criteria to maintain credit
transforming branch offices into one-stop shops for quality.
retirement-related matters. c. Following and observing financing market
h. Reviewing and developing new collaborations conditions as they are carried out by collaboration
with insurance partners to strengthen credit partners in order to monitor the development of
portfolio protection, including the development their businesses.
of a management system for calculating required d. Develop more comprehensive periodic monitoring
insurance premiums. media to assess the performance of collaboration
i. In addition, to support retail business development partners.
and meet customer needs, BTPN will develop and
distribute new consumer loan products based
on customer needs, including cross-selling to
customer families.
j. Create programs that are primarily aimed at
maintaining existing credit portfolios.
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e. Develop bank application system capabilities to However, compared to previous years, the decline has
meet the operational requirements of collaboration slowed and is expected to resume growth next year.
partners.
f. Improving the capability of the customer’s SLIK Meanwhile, the savings portfolio had reached Rp2.2
checking system, ensuring the SLIK checking trillion in 2023, a 0.92% decrease from Rp2.2 trillion in
results can be obtained quickly, allowing 2022. The causes of this decline are still related to the
operational process with collaboration partners to previous explanations.
meet the agreed-upon SLA.
The following are some of the Pension Business’s
Performance Achievement notable performance achievements in 2023:
1. The loan portfolio at several Pension Business
Pension Business branches has grown positively, and this growth
In 2023, the total number of Pension Business is expected to continue throughout the Pension
customers had reached 447,981 people. The number of Business in 2024.
customers decreased by 5.56%, compared to 474,373 2. Strategic collaboration with one of the largest Pay
in 2022. Normal repayment, accelerated repayment, Office Partners, PT Pos Indonesia, has progressed
deceased, and switch payment offices are the leading to the next level by offering banking services to PT
causes of the decline in the number of RLB customers. Pos Indonesia employees.
3. On the technological front, digital banking
The total loan portfolio managed by Pension Business applications have begun to be developed
had reached Rp22.2 trillion, a 7.63% decrease from specifically for retired customers. This is expected
Rp24.1 trillion the year before. The main cause is due to improve the convenience and speed of banking
to the maturity level of the RLB portfolio has entered. access for this demographic of customers.
2023 Pension Business Operational Performance
Description Unit 2023 2022 2021
Customer People 447.981 474.373 531.567
Third Party Fund (Rp Billion) 2.155 2.175 2.301
Funding (Rp Billion) 22.222 24.058 27.472
Micro Business
In 2023, the number of Micro Business customers had reached 13,935, up by 16.64% compared to 11,947 customers
in 2022. Meanwhile, the realization of loan disbursement had reached Rp1 trillion in 2023, a 75.77% increase
compared to Rp743.1 billion in 2022.
Several factors contributed to the increase in the number of Micro Business customers and total loans disbursed.
Among other things, there has been an increase in the loan acceleration process and the number of qualified human
resources serving Micro Business customers.
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2023 Micro Business Operational Performance
Description Unit 2023 2022 2021
Customer People 13.935 11.947 6.656
Funding (Rp Million) 1.306.176 743.106 483.723
Joint Finance Business Pension Business will also carry out several strategic
As of December 31, 2023, the Joint Financing business initiatives for 2024, as follows:
unit’s outstanding collaboration loans with collaboration 1. Use of digital-based banking applications for pre-
partners totaled Rp1.1 trillion with 160,994 number of retirement and retirement customers to improve
accounts (NOA). This achievement is significantly better transaction efficiency and speed.
than in 2022, with outstanding loans totaling Rp148.9 2. Penetration into the Civil Servant (PNS) and
billion and NOA of 33,677 accounts. SOE Employee customer segments with funding
services and products.
In terms of loan quality, Non-Performing Loans (NPL) 3. Simplify processes and document requirements
were recorded at 0.9% in 2023. This condition is better to speed up the process and make it easier for
than that of 2022, which was 1.8%. customers.
4. A credit process that requires as little face-to-face
2024 Strategic Plan interaction as possible will also be implemented.
In order to meet the work targets set for 2024, each 5. Homeownership Credit product development will
business unit at RLB has the following strategic plan: also be completed, and this is expected to serve as
a new source of growth for the credit portfolio.
Pension Business
In 2023, in addition to continuing the strategic steps that Micro Business
have been conducted to achieve the work targets set, In 2024, Micro Business has a strategic plan to continue
increasing growth, as shown in the table below:
Strategies Description
Business Performance Management 1. Addition of human resources by accelerating the process of fulfilling human resources
through an outsourcing model that is tailored to the micro market potential.
2. Increase the number of new sales points by maximizing Universal branches based on micro
market potential.
Program for Customers 1. Mentoring and Training Program through BTPN Daya.id to develop micro-business
customers
2. Webinar program for micro-business customers that adapts to their business development
and improvement needs through competent resource persons.
Process and Reach Optimization 1. Continuing to finance productive economic business actors and their communities through
the implementation of a micro business model that adapts to customers’ business needs
and capital while maintaining high portfolio quality.
2. Implement a microbusiness model with digital-based micro loan financing.
Strengthening Strategic Partnerships with 1. Establish local partnerships and the MSME community to help them grow their businesses
Mitra Bisnis through digital banking platforms.
2. Collaborate with a number of business units with micro sector financing potential.
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Joint Finance Business
The JF business unit has a strategic plan in place with the aim of continuing to increase growth and maintain loan
quality in 2024, as shown in the table below:
Strategies Description
Business Performance Management 1. Add collaboration partners selectively while upholding the principle of prudence in terms of
the RAC of customers selected from collaboration partners to receive loans.
2. Manage existing collaboration partners to increase financing volume and cooperation limits
based on loan quality managed by collaboration partners.
3. Explore new forms of collaboration with other collaboration partners while maintaining
adherence to existing OJK provisions/regulations.
4. Hold regular meetings with collaboration partners to discuss the performance of portfolios
managed by the Bank and those managed as a whole by collaboration partners, allowing
joint follow-up to be carried out in addition to increasing volume and maintaining loan
quality.
5. Improve communication with associations that oversee collaboration partners to better
understand overall financing market conditions.
6. The addition of human resources is in line with the increased financing volume targets.
Financing Program Continue to investigate financing programs carried out by collaboration partners in order for
them to be financed by BTPN, with a focus on the volume and quality of financing implemented
by collaboration partners.
System and Process Optimization 1. Continuing to develop systems to meet collaboration partners’ operational needs and
services.
2. Coordinate and collaborate with the Bank’s operational team to address new operational
processes that occur in collaboration partners.
WEALTH MANAGEMENT BUSINESS 2. Expanding investment products that can provide
more alternatives in order to meet customers’
The Wealth Management Business (“WMB”) is one of investment needs, as follows:
Retail Banking’s business units. This unit is designed • Additional 7 mutual fund products from
to provide individual customers in the affluent segment Manulife, the new investment manager partner
with savings and investment products, as well as • Additional 2 (two) mutual funds denominated in
excellent customer service, via the Sinaya Prioritas IDR and 1 (one) denominated in USD.
service, which is available at 58 BTPN branch offices • Additional 4 (four) products/series of USD-
across 38 cities. Customers can also access services denominated government bonds in the
through a digital platform (Jenius), allowing them to secondary market
transact at any time and from any location. • Additional Bancassurance products from
Allianz, Guardia Legacy, and Guardia Pintar.
WMB focuses on developing investment products
and providing excellent customer service through a 3. Simplifying and rebranding savings products as
variety of networks, including branch offices and digital Sinaya Savings.
applications. In this way, it can offer comprehensive
wealth management solutions. Performance Achievement
In 2023, the WMB customers increased by 2.5%,
2023 Initiatives and Strategies reaching 137,248. Meanwhile, third-party funds
Throughout 2023, in accordance with the Bank’s recorded at Rp33.9 trillion (consisting of Rp27.3 trillion
business plan, the WMB unit has implemented a in savings product funds and Rp6.6 trillion in investment
number of strategic initiatives, including: product funds), with a 0.9% growth rate. Interest
1. Jenius application development to provide market expense rose to 4.39% in line with Bank Indonesia’s
updates and investment advice. benchmark interest rate increase.
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Wealth Management Product Performance*
Description Unit 2023 2022 2021
Total Customers People 137,248 133,880 125,070
Total Third-Party Fund Rp Billion 33,974 33,681 27,787
Saving Product Fund Rp Billion 27,320 27,224 21,392
Investment Product Fund Rp Billion 6,653 6,437 6,395
Wealth Management Performance Indicator*
Description Unit 2023 2022 2021
Interest Expense % 4.39 3.49 3.62
Net Interest Income Rp Billion 440 299 198
Other Income Rp Billion 175 174 160
Operating Expense Rp Billion (169) (174) (240)
* WMB’s performance as a business unit including product marketing results via digital platforms (Jenius)
2024 Strategic Plan The main business requirements of the MItra Bisnis
In accordance with the BTPN Sinaya business unit are timeliness and availability of working capital at
strategy of developing Wealth Management products all times when carrying out its business turnaround,
and Excellent Customer Services that use digital market access requirements, sustainable and long-term
technology as a Unique Value Proposition (UVP), BTPN relationships with suppliers, and the need for increased
Sinaya will carry out the following service development competence and business information. BTPN Mitra
plans in 2024: Bisnis responds to these needs by offering a “3 in 1”
1. Continued development of digital services for Prime financial package that includes:
customers includes, but is not limited to: 1. Banking products and transactions development
a. Jenius application feature development, including that are tailored to the needs of customers.
transaction features and investment product 2. Supply chain products development to meet
education. market access requirements supported by the
b. Adding benefits to digital-based Prima Customer system.
Service. 3. Customer capacity-building programs.
c. Developing applications for staff to use as a tool in
the sales process and improve service quality. 2023 Initiatives and Strategies
Throughout the financial year, BTPN Mitra Bisnis
2. Developing Wealth Management products, implemented a number of initiatives and strategies to
including but not limited to, adding investment improve its performance, including:
manager partners and mutual fund products, 1. Focus on proactively managing loan restructuring
adding bancassurance products, and becoming and pandemic-affected customers management.
a distribution partner for government bond initial 2. Continue the implementation of principle of
offering to retail investors. prudence in order to promote loan distribution
growth.
3. Supply chain financing and internal collaboration
BUSINESS BANKING with wholesale banking and Japanese corporate
businesses.
BTPN Mitra Bisnis (SME), a business unit in the
Business Banking business segment, offers a
comprehensive range of products and services,
including loan, funding, and other banking services,
as well as training. BTPN Mitra Bisnis has developed
an electronic channel through Digital SME, which
currently has digital capabilities for funding, payments,
transactions, and simple cash management.
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4. Continue the development of SME Digital with CORPORATE BANKING
a more digitally savvy target segment, as well
as assisting BTPN Mitra Bisnis customers with The Corporate Banking business segment consists
business transformation process and changes in of Japanese corporate and non-Japanese corporate
business transaction behavior. business lines. The non-Japanese corporate segment
5. Develop the operational systems to improve serves customers from large Indonesian and
effectiveness and efficiency. multinational companies (MNC), financial institutions (FI)
and commercial banking.
Performance Achievement
By the end of 2023, the number of accounts served by In general, the services provided by this segment
BTPN Mitra Bisnis had reached 3,000 customers. There include financing, funds collection and cash
was a 20.0% increase over 2,500 customers in 2022. management. In the field of financing, BTPN is not
limited to short-term working capital financing, but
In terms of financing distribution, the total amount also medium and long-term investment financing
realized in 2023 had reached Rp13.3 trillion. This denominated in rupiah or foreign currency.
achievement is 20.9% higher compared to Rp11.0
trillion in 2022. The corporate segment also continues to actively
participate in syndicated financing, in particular:
2024 Strategic Plan infrastructure projects; new renewable energy projects;
A number of strategic initiatives to support business financing related to Environment, Social, Governance
growth for 2024, specifically: (ESG) including green financing; and supporting
1. In order to expand customer services, a supply- industries including export supporting industries,
chain financing scheme will be developed, including which are in line with the Indonesian government’s
collaboration with other banks and institutions/ development program. Supporting services also
businesses. In addition, strategic collaboration will continue to be improved for this segment, such as trade
be carried out to create an ecosystem partnership finance and foreign exchange.
to attract potential customers for both savings and
loans. In the field of fund collection, the Bank provides
2. Focus on customer needs by providing holistic corporate account services in the form of current
product solutions by developing training that accounts, including cash management. This current
focuses on solution style selling. account service can be accessed via digital technology,
3. As a foreign exchange bank, BTPN allows BTPN so it does not limit customers’ time and space.
Mitra Bisnis to offer services and products in
foreign currency in the form of savings and loan 2023 is a challenging year for national economic
products (including trade finance financing) in conditions, with numerous challenges affecting the
stages to customers who require them. global economy, which has also had an impact on the
4. SME digital development in the form of a website Indonesian economy. Following the Covid-19 pandemic,
platform for existing BTPN Mitra Bisnis customers. demand began to rise, and the resulting supply shock
This is intended to complement the mobile caused inflation to skyrocket. Furthermore, geopolitical
platform, which is currently being developed to tensions continued to influence economic dynamics in
make it easier for customers to conduct banking 2023, causing commodity prices to fluctuate, resulting
transactions via various transaction channels. in an increase in inflation.
5. Focus on building collaborations with other
platforms in the digital ecosystem that can benefit The central bank responded to high inflation by raising
customers. the benchmark interest rate. On the one side, higher
interest rates reduce inflation as aggregate demand
falls, while also lowering energy commodity prices. An
increase in the reference interest rate makes it more
difficult for banks to distribute loan to the public.
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Efforts to maintain portfolio quality continue to be made In 2023 the corporate segment is in the process of
by accelerating the completion of several ongoing developing its custodian business. The Custodian
restructuring applications and ensuring the Bank development initiative has started in the first quarter
has allocated sufficient reserves. This is in line with of 2023, with the achievement focus and priorities as
Government and OJK policies in restructuring policies. follows:
In addition, customers who have the potential to be 1. Develop a Custodian system by an experienced
affected by the geopolitical crisis are also identified. IT development company in the Capital Markets
industry.
In the aspect of funds collection, the average 2. Prepare the required documents to apply for a
performance of deposits and CASA showed positive commercial bank license as a Custodian to the
achievements, exceeding the targets set for 2023. The OJK, such as Standard Operating Procedures
data indicates stability and confidence in the Bank’s (SOP), Review of Product Programs from Legal,
services. Risk and Compliance aspects, procurement of
rooms with limited access and have a security
At the end of 2023, the corporate segment introduced system
“ESG Deposit”, a cash management product that 3. Build a separate HR -Custody Support team from
supports financial sustainability. The positive response commercial bank operations who have specialized
from customers is reflected in several names skills regarding Custodians and Capital Markets
who have entrusted their funds to be managed to
support sustainability principles. The growth of cash Continuing the initiative in 2023, the corporate segment
management products provides a positive picture of the has also continued to develop the distribution of green
Bank’s efforts to diversify funding sources. & sustainability financing, in line with the sustainable
finance roadmap and SMBC Group’s commitment to
2023 Initiatives and Strategies reduce GHG (greenhouse gas) emissions towards net
In the midst of persistent dynamic conditions in 2023, zero by 2030. In 2023, BTPN collaborated with SMBC to
the Bank has implemented a number of strategic hold a sustainability seminar with the headline “Beyond
initiatives to support business performance. In the Energy Transition: Seizing Opportunities in The Pathway
field of lending, for example, the Bank concentrates to Net Zero Economy” and launched the ESG Deposit
on disbursing loans using the principle of prudence to product at the end of 2023. The corporate segment
avoid non-performing loan. utilizes the expertise/capabilities of the SMBC Group in
sectors that support green & sustainable financing.
Throughout 2023, the corporate segment actively
collaborated with the Retail Banking and Business Performance Achievement
Banking units to increase cross sell activities for BTPN. A description of the achievements of the Corporate
As examples, such as payroll services, payroll loans and Banking business segment is presented based on
supply chain financing. services described below:
In line with the plans to increase contributions to
financial sustainability, ESG Deposit was introduced to FUND COLLECTION
accommodate shifting customer concerns and support
the achievement of global and Indonesian Government The total Third Party Funds (DPK) recorded by the
initiatives towards sustainability. Corporate Banking business segment in 2023 stood at
Rp57.4 trillion, a 12% decrease compared to
In 2023, Japanese corporate business lines adopted Rp65 trillion in 2022.
an efficient business model and full-service banking.
In addition, collaboration does not only occur internally
at Bank BTPN, but also involves the SMBC group of
companies, both operating in Indonesia and abroad.
This reflects the commitment to improve operational
effectiveness and expand the range of services in
synergy with the Company’s group.
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2023 Corporate TPF Performance
(in billion Rp, unless otherwise stated)
Segment 2023 2022 2021
Corporate Banking Japanese 34,630 37,639 33,705
Wholesale Banking 21,952 26,704 31,133
Commercial 835 703 415
Total 57,416 65,046 64,622
FINANCING
In 2023, the total financing allocated by the Corporate Banking business segment had reached Rp104.9 trillion, a 8%
increase compared to Rp97.4 trillion in 2022.
2023 Corporate Financing Performance
(in billion Rp, unless otherwise stated)
Segment 2023 2022 2021
Corporate Banking Japanese 38,873 43,381 33,797
Wholesale Banking 61,047 50,574 48,929
Commercial 4,624 3,496 3,210
Total 104,904 97,450 85,936
TRADE FINANCE
In 2023, the total realization of trade finance had reached Rp6.9 trillion. There was a 42% decrease compared to
Rp12.1 trillion in 2022.
Trade Finance’s Performance
(in billion Rp, unless otherwise stated)
Segmen 2023 2022 2021
Corporate Banking Japanese 289 522 221
Wholesale Banking 3,967 9,559 8,443
Commercial 2,711 1,997 1,520
Total 6,966 12,078 10,184
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CASH MANAGEMENT
As of December 31, 2023, corporate cash management had reached Rp57.4 trillion, a 12% lower than Rp65.0 trillion
in 2022.
From the cash management, BTPN’s CASA ratio achievement had reached 45.6%. There was a 9.7% increase
compared to 35.9% the year before.
2023 Cash Management Performance
(in billion Rp, unless otherwise stated)
Segment 2023 2022 2021
Corporate Banking Japanese 34,629 37,639 32,991
Wholesale Banking 21,951 26,704 30,662
Commercial 835 703 369
Total 57,416 65,046 64,022
Rasio CASA 45.6% 35.9% 39.3%
FOREIGN EXCHANGE
As of December 31, 2023, foreign exchange management had reached Rp556.8 trillion. There was a 6% decrease
compared to Rp590.5 trillion in 2022.
2023 Foreign Exchange Performance
(in billion Rp, unless otherwise stated)
Segment 2023 2022 2021
Corporate Banking Japanese 520,608 555,060 512,628
Wholesale Banking 34,846 34,272 35,696
Commercial 1,384 1,126 1,016
Total 556,838 590,458 549,340
2024 Strategic Plan finance and ECA), syndication & agency services as
In general, the 2024 strategic plan is a continuation of well as improvements on the treasury side (systems,
what was carried out in the previous year. The corporate products and trading capability).
segment plans to expand target segments, add new
products, improve technology, and develop new Regarding products, the corporate segment is gradually
sectors. developing several additional products/services, such
as green loans/sustainability linked loans and corporate
In terms of target segments, the corporate segment bond investment/bond trading.
plans to expand the customer base of Indonesian
companies in the Tier 1 and Tier 2 segments. In With regard to banking technology, the corporate
addition, the Commercial Banking customer base is also segment is developing ecosystems and connectivity for
will be expanded by targeting suppliers or distributors in end-to-end financing, cash management and forex. This
the Tier 1 and Tier 2 customers. effort is carried out by increasing system capabilities,
including interconnection between systems, initiating
The Bank also continue to increase fee-based digital trade, and developing products related to LCS. In
transactions. This is done, among other things, through addition, BTPN will implement API based solutions for
trade finance transactions, structured finance (project the integration of cash management services and trade
finance services.
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TREASURY Initiatives and Strategy for 2023
In order to address the developing situation in 2023, the
The Treasury business segment serves customers’ Bank has implemented a number of strategic initiatives,
needs for treasury products such as foreign exchange, namely:
securities/bonds, and derivatives. The Bank is 1. In order to maintain liquidity levels at a safe level,
constantly developing new products to meet the needs BTPN has taken several strategic steps, including:
of its customers. • Maintain liquidity indicators in a safe condition,
namely higher than the required provisions. As
This segment synergizes with all of BTPN’s business of December 31, 2023, the Liquidity Coverage
lines to carry out its business activities. This is done to Ratio (LCR) was 199.68% and the Net Stable
maintain the Bank’s commitment to providing the best Funding Ratio (NSFR) was 113.79%
possible service to its customers. Foreign exchange and • Diversify funding sources through developing
derivative transactions are among the services offered. funding from the wholesale sector, retail
funding and the public sector/financial
In 2023, the treasury business had begun to improve institutions.
following the end of the pandemic, though it was still • Continue to monitor developments in the long-
hampered by global economic uncertainty as a result of term funding market, such as the issuance of
the wars in Ukraine and Palestine. rupiah bonds, long-term bilateral loan facilities
in rupiah and foreign currency from local
During that financial year, the Bank’s focus was banks and foreign banks/international financial
on providing the best foreign exchange services to institutions, including funding from the SMBC
customers, both through product development and Group.
synergy among BTPN’s lines of business. Furthermore,
the Bank is focusing on developing and expanding the 2. The Bank’s policy and liquidity management
reach and activities of digital banking product services (ALMA) adequacy is relatively sufficient and is
for customers in anticipation of increased Fintech always updated through the following supporting
competition. indicators:
• Improve the Bank’s ALM by better monitoring
The Bank also continued to develop system interest rates through Funding Lending
requirements that can support business development Meetings and ALCO meetings.
and customer transactions needs by considering costs • Had a comprehensive policy in place to
and benefits in accordance with the bank’s strategic maintain liquidity availability in accordance with
plan. the Bank’s assets & liabilities profile structure.
The bank also has a procedure for limiting
Treasury continues to serve customer needs for treasury liquidity management authority. Accountability
products by developing Treasury products while and levels of delegation of authority have been
adapting to and participating in the Bank Indonesia implemented in accordance with the Bank’s
BPPU initiative. Treasury product development aims to needs.
meet the needs of both retail and corporate customers • Had a contingency plan program in place to
in order to grow market share. The Treasury product provide liquidity back-up.
development in question concerns FX and Derivative
transactions, Fixed Income, and Structured Products. 3. Development of products and services to support
the wholesale, retail and public sector/financial
institutions business sectors as follows:
• Development of foreign exchange services
and products, namely by adding transactable
foreign currencies, diversifying products
related to FX and derivative transactions such
as transactions using the Local Currency
Settlement (LCS), Domestic Non-Deliverable
Forward (DNDF), Options and Call Spread
Option schemes (CSO) and Range Forward.
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• Development of securities services and products, namely by adding a series of bonds sold to retail
customers, including a series of bonds in USD (Global Bond).
Performance Achievement
In 2023, the total customers served by the Treasury business segment reached 1,170 units. In comparison to 2022,
which was 1,369 units, there was a 14.5% decrease, due to customers’ continued recovery from the pandemic, as
well as global economic conditions that remain uncertain.
Meanwhile, the value of foreign currency transactions was recorded at US$10.3 billion, down 1.5% compared to
2022, which was US$10.5 billion, in line with the increasingly tight business competition from other banks.
The derivative transaction value totaled $526 million. There was a 12.4% increase over the previous year’s total of
US$468 million. This increase was caused by customers hedging against global economic uncertainty.
2023 Treasury Operational Performance
Description Unit 2023 2022 2021
Total Customers People 1,170 1,369 1,110
Total FX Customers US$ Million 10,347 10,507 12,203
Total Derivative Customers US$ Million 526 468 492
2024 Strategic Plan • The Bank also collaborates with Trading
In 2024, the development focus related to Treasury Platform providers to accommodate customer
includes: needs in providing competitive and immediate
1. Bank Indonesia policy regarding the Money Market prices (real time).
Development Blueprint (BPPU) 2025 • In order to minimize maturity mismatch, Bank
• The Bank will review and develop systems BTPN continues to maintain and increase
related to the Central Clearing Counterparty long-term funding sources. In 2024, the Bank
(CCP) and Trade Repository (TR). CCP and will explore plans to issue bonds in Rupiah with
TR are mandatory requirements that must the amount and timing of issuance considering
be fulfilled by the Bank in relation to FX and loan growth, liquidity conditions and market
Derivative transactions conditions. In addition, Bank BTPN will also
• In line with this initiative, the Bank will update continue to explore bilateral cooperation to
the system and develop FX option and Call obtain fresh funding facilities from domestic
Spread Option products as well as consider and foreign financial institutions, including the
carrying out further development of the SMBC Group.
Overnight Index Swap (OIS) product.
2. Development of Bond products, both IDR and USD.
This development includes repo and reverse repo SHARIA BANKING
trading transactions with other banks and bonds
with both retail and corporate customers. PT Bank BTPN Syariah Tbk is the subsidiary that
3. Development of a Treasury Transaction support manages the Sharia Banking business segment of Bank
system: BTPN. Since 2018, this company has gone public, and
• The Bank aims to improve the efficiency and its shares are listed on the Indonesia Stock Exchange.
effectiveness of its services by creating an
interface system that connects its business
units to the Treasury system, given the
growing volume of transactions from retail and
corporate customers.
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2023 Strategies and Initiatives 2. Tumbuh Bersama Nasabahku (TBNku) Program
In 2023, BTPN Syariah had successfully implemented Last year, the Bank continued the mentoring
its key strategic initiatives, including the development program for Inspirational and Successful
of an empowerment platform that gives customers Customers, combining the two into a single
access to knowledge and a larger market. We named program named as Tumbuh Bersama Nasabahku
this digital platform, Bestee Tepat (Berdaya Bersama (TBNku). This program, which was updated in
Sahabat Tepat Indonesia), which allows employees and 2023, aims to reach out to more customers who
stakeholders to participate in providing real support to would benefit from mentoring. This program,
inclusive customers through various forms. which ran from April to December 2023, attracted
nearly 10,000 successful customers as well as 400
In addition, BTPN Syariah has successfully developed inspirational customers.
the Deposit on Call feature, in order to enhance the
Bank’s control process, facilitate its management of 3. BTPN Syariah continues customer mentoring
liquidity, stimulate the Indonesian secondary market for through the Bestee Tepat program (formerly Tepat
sharia securities, and boost returns from its treasury Daya).
portfolio through trading activities, the treasury system The Ministry of Education supports this program,
went live in October 2023. The Bank focused its known as Magang Merdeka. The Bestee
treasury securities trading activities on sharia capital Tepat program has entered its 3rd period, and
markets and sharia money market instruments. until December 2023, it has implemented an
independent internship program with approximately
BTPN Syariah strongly upholds the protection of the 1,821 facilitators and served over 49 000
company’s information assets, particularly customer customers.
personal data and transactions. By ensuring information
security across all domains, including processes, 4. BERSEMI Program (Berkah Seru Silaturahmi).
technology, and human resources. As proof of our The BERSEMI program offers incentives to
commitment to information security protection, the bank customers who pay on time. This program aims to
has adopted international best practice standards for promote the development of 4 key empowerment
information security in order to maintain the security characteristics: Dare to Try, Discipline, Hard Work,
of processing company information assets, and the and Help Each Other (BDKS). During the BERSEMI
Bank has received ISO27001:2013 certification for program period 2, which lasted from April 2022
information security management systems at the end of to April 2023, over 235,000 customers have been
Q2 2023 following an inspection and testing process by successfully reached with outstanding financing
independent parties. amounted to Rp 3.1 trillion. The Bank provides an
incentive of 5% of the given ceiling value, which
BTPN Sharia also continue its sharing program for is paid every 3 months for a maximum of four
financing customers. Among others, the Umrah program payment periods. The Bank extended the BERSEMI
for Inspirational Customers, mentoring program for program period 3 from April 2023 to March
Inspirational and Successful Customers, and Bersemi 2024. As of December 31, 2023, the outstanding
program (Berkah Seru Silaturahmi) customer financing for the BERSEMI program
1. Inspirational Customer Umrah Departure Program period 3 participants amounted to Rp 3.3 trillion.
In 2023, the bank has dispatched 320 inspirational
customers to Umrah, along with 60 BTPN Syariah Performance Achievement
employees. All Umrah pilgrims departed on The total assets of BTPN Syariah had reached Rp21.4
February 22, 2023 and returned home on March 2, trillion in 2023, up 1.0% compared to Rp21.2 trillion the
2023. year before. Meanwhile, the total financing allocated
had reached Rp11.4 trillion. There was a 1.2% decrease
compared to Rp11.5 trillion in 2022.
124 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Management Discussion and Analysis
The decrease in the number of customer and Bank financing is consistent with the bank’s strategy of focusing on
quality improvement. Customers who exhibit BDKS behavior (Dare to Try, Discipline, Hard Work, Solidarity) are more
likely to receive allocation.
Meanwhile, Third Party Funds (TPF) collected by the Sharia Banking segment had reached Rp12.1, up 0.8%
compared to Rp12.0 trillion in 2022. BTPN Syariah’s liquidity is very adequate due to its resilient funding and strong
capital.
2023 Sharia Banking Operational Performance
Description Unit 2023 2022 2021
Total Asset (Rp Million) 21,429,607 21,161,976 18,543,856
Third Party Fund (Rp Million) 12,142,929 12,049,255 10,993,548
Financing (Rp Million) 11,387,861 11,527,463 10,443,469
2024 Strategic Plan
For 2024, given the challenges faced by the Bank’s pre-financial inclusion segment of society, the Bank has decided
to ensure business stability, implement the precautionary principle, and implement strategic steps. Nonetheless,
BTPN Syariah will continue to focus on the productive pre-financial inclusion segment and consistently continue the
4 (four) major pillar initiatives in the previous year: strengthening current business processes by improving portfolio
quality and customer service; exploring new business opportunities and advanced products; building operational
excellence; and strengthening organizational capabilities.
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Management Discussion and Analysis
PERFORMANCE REVIEW
BY BUSINESS SEGMENT
PROFITABILITY BY BUSINESS SEGMENT
The table below shows the Bank’s profitability performance by business segment:
Retail Banking
(Rp Million)
Indicator 2023 2022 2021
Net Interest Income/(Expenses) 1,965,935 2,075,596 2,446,726
Net Operating Income/(Expenses) (1,752,782) (1,661,435) (1,534,149)
Profit/(Loss) Before Income Tax 213,998 415,677 914,181
Net Profit/(Loss) 174,473 335,096 719,872
Corporate
(Rp Million)
Indicator 2023 2022 2021
Net Interest Income/(Expenses) 2,774,433 2,671,778 2,216,907
Net Operating Income/(Expenses) (1,091,442) (471,839) (1,003,193)
Profit/(Loss) Before Income Tax 1,682,971 2,199,928 1,213,702
Net Profit/(Loss) 1,372,131 1,773,463 955,731
UMKM
(Rp Million)
Indicator 2023 2022 2021
Net Interest Income/(Expenses) 538,814 647,051 741,354
Net Operating Income/(Expenses) (504,029) (931,940) (1,018,370)
Profit/(Loss) Before Income Tax 36,527 (284,191) (275,982)
Net Profit/(Loss) 29,780 (229,099) (217,322)
126 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Management Discussion and Analysis
Fund Collection and Treasury
(Rp Juta)
Indicator 2023 2022 2021
Net Interest Income/(Expenses) 1,505,131 1,254,540 1,458,843
Net Operating Income/(Expenses) (855,280) (873,535) (1,002,015)
Profit/(Loss) Before Income Tax 643,106 376,503 455,753
Net Profit/(Loss) 524,326 303,516 358,884
Sharia (Individual)
(Rp Million)
Indicator 2023 2022 2021
Net Interest Income/(Expenses) 5,248,947 5,025,886 4,279,210
Net Operating Income/(Expenses) (3,878,191) (2,751,452) (2,399,180)
Profit/(Loss) Before Income Tax 1,371,161 2,269,376 1,877,386
Net Profit/(Loss) 1,071,723 1,768,665 1,464,918
Sharia (Consolidated)
(Rp Million)
Indicator 2023 2022 2021
Net Interest Income/(Expenses) 5,259,750 5,029,350 4,279,210
Net Operating Income/(Expenses) (3,880,680) (2,748,898) (2,399,180)
Profit/(Loss) Before Income Tax 1,379,895 2,282,394 1,877,473
Net Profit/(Loss) 1,080,589 1,779,580 1,465,005
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Management Discussion and Analysis
FINANCIAL
PERFORMANCE REVIEW
As part of risk management
implementation, in 2023,
the Bank increased credit reserves.
Net Interest Income Loan Disbursement
Rp 12.0 trillion Rp 156.6 trillion
In 2023, the Bank’s net interest income reached Loan disbursements in 2023 grew by 7.1%
Rp12.0 trillion, up by 3.1% from 2022. compared to 2022, reaching Rp156.6 trillion.
The narrative on the financial performance of optimization and diversification of funding undertaken
PT BANK BTPN Tbk (“Bank BTPN”, “BTPN”, “Bank”) by the Bank amid rising interest rates. The optimization
is compiled in accordance with the consolidated is carried out while still taking into account the amount
financial statements, which adhered to the Financial of funds needed to support loan growth.
Accounting Standards (SAK) for the year that ended on
31 December 2023. The financial statements are also Total loans and sharia financing/receivables reached Rp
part of this Annual Report. 156.6 trillion, growing by 7.1% from 2022, which was
Rp 146.1 trillion. The amount of placements with Bank
Indonesia decreased by Rp 12.9 trillion (59.1%), where
BALANCE SHEET the available space utilized to support loan growth, as
well as maintain healthy liquidity and funding ratios.
Assets
In 2023, Bank BTPN total assets reach Rp 201.4
trillion, a 3.7% decrease compared to 2022, which
was Rp 209.2 trillion. This decline is mainly due to the
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Management Discussion and Analysis
Asset Development
(Rp Million)
Description 2023 2022 2021
Cash 1,428,683 1,747,461 1,884,858
Current Accounts with Bank Indonesia 9,276,598 10,215,350 5,602,993
Current Accounts with Other Banks 962,387 2,189,561 1,757,967
Placements with Bank Indonesia and Other Banks 8,961,654 21,885,214 20,655,248
Securities 17,038,501 18,835,877 21,275,789
Loans Provided and Financing/Sharia Receivables 156,561,297 146,123,516 135,598,774
Fixed Assets - Net 2,047,812 2,118,505 2,243,790
Intangible Assets – Net 1,089,384 1,076,738 1,036,681
Other Assets 4,082,076 4,977,482 1,861,694
Total Assets 201,448,392 209,169,704 191,917,794
Financial Assets
BTPN’s financial assets include current accounts with Bank Indonesia and other banks, placements with both Bank
Indonesia and other banks, securities, derivative receivables, acceptance receivables, and disbursed loans. In the
fiscal year 2023, the Bank’s total financial assets reached Rp197.3 trillion. There was a 3.4% decrease from 2022,
when Rp204.2 trillion was recorded. Placements with Bank Indonesia and other banks dropped by 59.1%, accounting
for the majority of the decrease.
Disbursed loans make up the vast majority of financial assets. In 2023, the value reached Rp156.6 trillion, or 80.6% of
total financial assets.
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Management Discussion and Analysis
FINANCIAL
PERFORMANCE REVIEW
Loan Distribution segments compared to the position in 2022, followed
Bank BTPN divides customers in the loan business by the SME, Jenius and Joint Finance segments
line into 2 (two) categories: first, growing business, which grow 17.7%, 131.1%, and 681.7% respectively
which includes corporate and commercial, Sharia compared to the previous year.
financing, SMEs, Jenius, and joint finance; and second,
transforming business, which includes retail lending and In terms of segmentation, the growing business
micro. segment absorbed the majority of the funding
realization, accounting for Rp132.8 trillion, or 84.8% of
The total loan disbursed by the Bank reached Rp156.6 the total loan. Loans to corporations and commercial
trillion by 2023, a 7.1% increase from Rp146.1 trillion entities are the primary component of this segment,
in 2022. The increase in loan was primarily driven by which was worth Rp104.9 trillion in 2023, accounting for
an 7.6% increase in the corporate and commercial 79.0% of total loans in the growing business segment.
Loan Disbursement Based on Segment
(Rp Million)
Description 2023 2022 2021
Growing Business
Corporate and Commercial 104,904,359 97,450,293 85,936,309
Small and Medium Scale Business 13,255,054 11,257,389 10,702,612
Joint Finance 1,138,955 145,699 201,529
Sharia Financing/Receivables 11,387,861 11,527,463 10,443,469
Jenius 2,049,171 886,694 325,337
Transforming Business
Retail Lending 22,403,012 23,989,672 27,364,293
Micro 1,306,173 743,076 489,268
Others 116,712 123,300 135,957
Total 156,561,297 146,123,516 135,598,774
Note: There were adjustments to the credit segment classification in 2023 (Growing Business, Transforming Business and Others). The presentation of the credit
segment in 2022 and 2021 has been adjusted to follow the presentation in 2023.
In terms of utilization, working capital accounts for the majority of loan distribution, at Rp92.8 trillion, or 59.3% of total
loan. Working capital loan realization increased by 9.3% over the previous year.
Loan Disbursement Based on Utilization
(Rp Million)
Description 2023 2022 2021
Working Capital 92,844,745 84,959,202 70,691,663
Investment 37,934,030 35,926,108 36,879,740
Consumption 25,782,523 25,238,206 28,027,371
Total 156,561,297 146,123,516 135,598,774
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Management Discussion and Analysis
The Bank consistently maintains loan quality as part of its risk management implementation. In 2023, the gross non-
performing loan (NPL) ratio was 1.36%, down from 1.43% in 2022. Meanwhile, Bank loan quality is higher than in the
banking industry, where it was 2.19% as of December 2023. Meanwhile, the net NPL from Bank loan stands at 0.40%
level.
Loan Disbursement Based on Collectability
(Rp million, unless stated otherwise)
Description 2023 2022 2021
Current 147,614,238 138,614,738 125,749,548
Under Special Attention 6,850,490 5,433,369 7,565,947
Total Performing Loan 154,464,728 144,048,107 133,315,495
Substandard 477,678 567,953 747,898
Doubtful 118,169 116,370 145,208
Total Non-Performing Loan 1,500,722 1,391,086 1,390,173
NPL 2,096,569 2,075,409 2,283,279
Total Loan 156,561,297 146,123,516 135,598,774
NPL-Gross 1.4% 1.4% 1.7%
NPL-Net 0.4% 0.4% 0.4%
LLP/NPL 220.3% 172.5% 173.2%
Liabilities
BTPN’s total liabilities for 2023 were recorded at Rp160.1 trillion, a 5.6% decrease from Rp169.8 trillion in 2022. This
decrease was primarily the result of a 30.5% decrease in borrowings and a 5.8% decrease in customer deposits. In
2023, the Bank made payments on SMBC’s foreign loans in order to optimize funding costs and net interest income
while maintaining liquidity and strong funding.
Liability Development
(Rp Million)
Description 2023 2022 2021
Customer Deposits 98,277,756 105,023,287 100,474,227
Temporary Syirkah Funds 9,920,820 9,843,261 8,905,903
Deposits from Other Banks 10,814,638 166,131 3,877,851
Issued Securities 200,569 200,134 996,089
Borrowings 31,204,497 44,911,606 34,764,736
Other Liabilities 9,747,008 9,612,261 6,820,061
Total Liabilities 160,165,288 169,756,680 155,838,867
Customer Deposits
Total customer deposits (including temporary syirkah funds) fell 5.8%, from Rp114.9 trillion in 2022 to Rp108.2 trillion
in 2023. Deposit balances fell by 14.3%, causing the decrease. Meanwhile, CASA (Current Account and Saving
Account) balances increased by 10.0%, primarily from corporate and Jenius customers, bringing the CASA ratio to
40.8% at the end of December 2023, up from 35.0% in December 2022.
The majority of the Bank’s customer funds are in the form of deposits, which totaled Rp64.0 trillion by 2023,
accounting for 59.2% of total deposits. Meanwhile, 24.6% of deposits are in current accounts, while 16.2% are in
savings.
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PERFORMANCE REVIEW
Details of Customer Deposits (Including Temporary Syirkah Funds)
(Rp Million)
Description 2023 2022 2021
Current Account 26,628,683 23,765,802 25,922,785
Saving 17,558,817 16,396,199 11,954,604
Deposit 64,011,076 74,704,547 71,502,741
Total 108,198,576 114,866,548 109,380,130
Based on currency, deposits denominated in Rupiah totaled Rp85.4 trillion, accounting for 78.9% of total deposits.
Meanwhile, in the previous year, Rupiah deposits totaled Rp92.4 trillion, accounting for 80.4% of all deposits.
Details of Customer Deposits Based on Currency (Including Temporary Syirkah Fund)
(Rp Million)
Description 2023 2022 2021
Rupiah 85,397,073 92,351,151 98,675,647
Foreign Currency 22,801,503 22,515,397 10,704,483
Total 108,198,576 114,866,548 109,380,130
Borrowings
Borrowings by the Bank until the end of December 2023 totaled Rp31.2 trillion, a 30.5% decrease from Rp44.9 trillion
in 2022. The decrease was primarily caused by SMBC’s foreign loan payments, which were made to optimize funding
costs and net interest income while maintaining strong liquidity and funding.
Equity
The equity component includes share capital, additional paid-in capital, fixed asset revaluation reserves, and others.
Until the end of the fiscal year in 2023, the Bank’s total equity reached Rp41.3 trillion, a 4.7% increase from Rp39.4
trillion the previous year.
Equity components that increased included retained earnings and non-controlling interests.
Equity Development
(Rp Million)
Description 2023 2022 2021
Share Capital 162,982 162,982 162,982
Additional Paid-Up Capital 11,162,238 11,160,647 11,158,962
Fixed Asset Revaluation Reserves 954,224 874,452 874,452
Share-Based Payment Reserves - - -
Fair Value Reserves 2,906 (7,704) 117,867
Transactions with Non-Controlling Interest (24,267) (24,267) (24,267)
Profit Balance (Reserved & Non-Reserved) 26,402,237 24,734,912 21,669,613
Treasury Stock (254,695) (255,147) (255,147)
Non-Controlling Interests 2,616,678 2,506,348 2,113,664
Other Equity Components 260,801 260,801 260,801
Total Equity 41,283,104 39,413,024 36,078,927
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Management Discussion and Analysis
PROFIT AND LOSS PERFORMANCE
In 2023, the bank decided to increase loan reserves in 2023 and also as a form of anticipation of the end of POJK
relaxation on restructured loans on March 31, 2024. With this additional provision, loan costs rose by Rp1.2 trillion,
affecting the Bank’s Net Profit after Tax. Bank BTPN’s net profit after tax (consolidated) attributable to parent entity
owners was Rp2.4 trillion at the end of 2023, a 23.8% decrease from the previous year which amounted to Rp3.1
trillion.
Profit Loss Development
(Rp Million)
Description 2023 2022 2021
Interest Income 18,815,673 15,899,646 14,748,604
Interest Expense (6,771,610) (4,221,331) (3,605,564)
Net Interest Income 12,044,063 11,678,315 11,143,040
Other Operating Income 2,073,443 2,012,615 1,959,784
Operating Expense (10,656,471) (9,033,254) (9,094,646)
Current Year Profit – Before Tax 3,457,682 4,657,319 4,007,172
Net Profit for the year 2,682,484 3,629,564 3,104,215
Net Profit After Tax/NPAT Attributed to Owner of Parent Entity 2,358,334 3,095,701 2,664,714
Operating Income
The Bank’s total net operating income in 2023 reached Rp14.1 trillion, a 3.1% increase over Rp13.7 trillion in 2022.
Interest income, a component of business income, has risen in tandem with loan growth, particularly in the corporate
and commercial segments, the SME segment, and sharia financing. On the other hand, interest expenses in 2023
had increased. The increase in interest expenses was due to an increase in the cost of funds, which was consistent
with the trend of rising interest rates and increased customer deposits, particularly time deposits. Overall, net interest
income totaled Rp12.0 trillion, a 3.1% yoy increase over the previous year’s position.
Operating Expenses
The total operating expenses incurred by the Bank in 2023 reached Rp10.7 trillion. There was an 18.0% increase over
2022, which was Rp9.0 trillion. The Bank increased the Allowance for Impairment Losses (CKPN) from Rp1.8 trillion to
Rp3.0 trillion. Meanwhile, other operational costs (excluding CKPN) have increased by 5.8% over the previous year,
reaching Rp7.6 trillion in 2023.
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FINANCIAL
PERFORMANCE REVIEW
CASH FLOW
BTPN’s cash and cash equivalents totaled Rp23.5 trillion at the end of 2023, a 40.3% decrease from Rp39.4 trillion in
2022.
Cash Flow Performance
(Rp Million)
Description 2023 2022 2021
Net Cash Flow Provided from (Used for) Operating Activities (2,397,197) (4,416,068) 13,150,455
Net Cash Flow (Used for) Provided from Investment Activities 394,010 3,151,992 (7,001,869)
Net Cash Flow Provided from (Used for) Financing Activities (13,887,114) 9,056,776 223,345
Impact of Exchange Rate Changes on Cash and Cash Eqivalent (14,462) 3,376 (17,885)
Net Increase (Decrease) in Cash and Cash Equivalent (15,890,301) 7,792,700 6,371,931
Cash and Cash Equivalent Balance at Beginning of Year 39,377,753 31,581,677 25,227,631
Cash and Cash Equivalent Balance at End of Year 23,472,990 39,377,753 31,581,677
Cash Flow from Operating Activities Liquidity Ratio
Net cash from operating activities in 2023 was recorded The ability to meet short-term obligations is
at minus Rp2.4 trillion, 45.7% higher than in 2022, when demonstrated, among other things, by liquidity ratios,
it was minus Rp4.4 trillion. which include the Loan to Deposit Ratio (LDR), Loan to
Funding Ratio (LFR), Liquidity Coverage Ratio (LCR),
Cash Flows from Investment Activities and Net Stable Funding Ratio (NSFR).
Net cash from investment activities in 2023 totaled
Rp0.4 trillion, 87.5% less than in 2022, when it was In 2023, the bank’s LDR level reached 142.7%.
Rp3.2 trillion. Meanwhile, in 2022, the position was 126.7%. The
Bank’s funding comes not only from third-party funds
Cash Flow from Funding Activities but also from loans, mostly from the parent company
Net cash from funding activities in 2023 was recorded and from other banks, as well as from issued securities.
as minus Rp13.9 trillion, a 253.3% decrease from Rp9.1 The LCR and NSFR ratios as of December 31, 2023
trillion in 2022. were 199.7% and 113.8%, respectively, which
exceeded the OJK’s regulatory limit of 100%. Overall,
the Bank’s liquidity is very healthy.
ABILITY TO PAY DEBT
Solvency Ratio
The Bank’s liquidity and solvency levels remain strong Another indicator of debt repayment capacity is the
until the end of the fiscal year in 2023. This is reflected capital ratio, which is calculated using the solvency
in the ability to meet maturing obligations on time, both ratio. The Bank always maintains adequate capital,
for debt principal payments and interest expenses. including meeting the Capital Adequacy Ratio (CAR)
or Minimum Capital Adequacy (KPMM) set by the
External rating agencies have also rated the Bank’s regulator. This ratio is useful for assessing loan, market,
ability to meet short- and long-term obligations as very and operational risk.
good. PT Fitch Rating Indonesia assigns a rating of AAA
(idn), stable outlook, and F1+ (idn). Meanwhile, In 2023, the KPMM ratio reached 29.9%, which is 2.6%
PT Pemeringkat Efek Indonesia (PEFINDO) is rated higher than the position in 2022, which was 27.3%. This
idAAA (Triple A, stable outlook). achievement exceeds Bank Indonesia’s expectations
and demonstrates the potential for future growth.
134 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Management Discussion and Analysis
Loan Collectability
The Bank consistently maintains the quality of productive assets in order to ensure long-term business performance.
This is demonstrated, among other things, by the level of loan collectability, which is detailed in the table below.
Details of Loan Collectability
(Rp Million, unless stated otherwise)
Description 2023 2022 2021
Before maturity/Current 147,614,238 138,614,738 125,749,548
Arrears 1-90 days 6,850,490 5,433,369 7,565,947
Arrears >90 days 2,096,569 2,075,409 2,283,279
Total loan arrears 8,947,059 7,508,778 9,849,226
Total loans provided – gross 156,561,297 146,123,516 135,598,774
% of total arrears to total loans provided - gross 5.71% 5.14% 7.26%
PRIME LENDING RATE
In accordance with Financial Services Authority Regulation Number 32/POJK.03/2016 on Transparency and
Publication of Bank Reports, all commercial banks are required to report and publish its Prime Lending Rate (SBDK).
This publication, among other things, aims to provide clarity and make it easier for customers to weigh the benefits,
costs, and risks of the loan being offered.
In addition, SBDK aims to improve good corporate governance and promote healthy competition in the banking
industry. The Bank categorizes prime lending rates according to credit segmentation into 4 (four) segments, namely
corporate, retail, micro, and consumption.
Rupiah Prime Lending Rate Based on Credit Segment
(Period of 31 December 2023)
Consumption Loan
Corporate Loan Retail Loan Micro Loan Non-Housing
Housing Loan
Loan
Prime Lending Rate (SBDK) 7.64% 10.22% 18.31% 0.00% 12.62%
CAPITAL STRUCTURE In accordance with the implementation of Basel II
capital, the Bank has submitted a report to the Financial
Capital Structure Policy Services Authority (OJK) on the process used to
The policy of maintaining capital adequacy is intended determine the Bank’s capital adequacy (ICAAP), which
to allow the Bank to support business growth while complies with applicable regulations. The Bank also
also protecting itself from market volatility. This policy maintains sufficient capital in accordance with its risk
is carried out by striking a balance between capital profile.
efficiency and the rate of return on shareholder
investment, while ensuring the availability of sufficient The Bank uses a Standard Approach in managing
additional capital to cover potential risks. capital for credit risk. RWA calculations are generally
carried out by referring to risk weights in accordance
with OJK regulations and rating results published by
rating agencies that have been determined by the
regulator.
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Management Discussion and Analysis
FINANCIAL
PERFORMANCE REVIEW
For operational risk capital adequacy assessment, the its risk profile. The Bank’s minimum capital requirement
Bank utilizes the Standardized Approach (SA) method. based on the current risk profile is 9% to less than 10%
Under this approach, the Bank determines the minimum of Risk Weighted Assets (RWA).
capital allocation for operational risk by multiplying the
Business Indicator Component (KIB) with the Internal In addition to meeting the minimum capital based on the
Loss Multiplier (FPKI). risk profile, banks are also required to provide additional
buffer capital with details: (1) Capital Conservation
In assessing RWA for Market Risk, the Bank adheres to Buffer; (2) Countercyclical Buffer; and (3) Capital
the standard method specified in OJK regulations for Surcharge for Domestic Systemically Important Banks
calculating RWA associated with Market Risk. (D-SIB).
In accordance with Financial Services Authority Capital Structure Details
Regulation No. 11/POJK.03/2016 regarding the The Bank’s total capital reached Rp41.2 trillion by
Minimum Capital Adequacy of Commercial Banks the end of the 2023 fiscal year, a 4.0% increase over
and Financial Services Authority Regulation No. 34/ Rp39.6 trillion in 2022. This is caused by an increase in
POJK.03/2016 regarding amendments to POJK No. the retained earnings balance, which increases the core
11/POJK.03/2016 and Financial Services Authority capital balance.
Regulation No. 27/2022 regarding the second
amendment to POJK No. 11/POJK.03/2016, the Bank is Details of the Bank’s capital structure are described in
required to provide minimum capital in accordance with the table below.
Capital Structure Development
(Rp Million, unless stated otherwise)
Description 2023 2022 2021
Tier 1 Model 36,613,893 34,966,039 32,145,281
Tier 2 Model 4,543,487 4,626,967 4,202,230
Total Capital 41,157,380 39,593,006 36,347,511
Risk-Weighted Asset:
• Credit RIsk 125,294,554 121,057,375 115,006,000
• Credit and Operational Risks 135,795,396 144,374,143 138,149,885
• Credit, Operational and Market Risks 137,651,897 145,091,415 138,893,556
Capital Adequacy Ratio:
• Credit Risk 32.8% 32.7% 31.6%
• Credit and Operational Risks 30.3% 27.4% 26.3%
• Credit, Operational and Market Risks 29.9% 27.3% 26.2%
MATERIAL COMMITMENT RELATED TO CAPITAL GOODS INVESTMENT
Bank BTPN do not have any material commitment related to capital goods investment.
136 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Management Discussion and Analysis
REALIZATION OF CAPITAL GOODS INVESTMENT
Realization of Capital Goods Investment in 2023
(Rp Million)
Name of Capital Goods Investment Objective Investment Value
Fixed Asset Office supplies 218,932
Intangible Asset Software Development 436,590
Total 655,522
INFORMATION AND MATERIAL FACTS TARGETS, REALIZATION, AND
THAT OCCURED AFTER THE REPORT PROJECTIONS
DATE
The global economy is still dealing with the effects
Information and material facts occurring after the of socioeconomic conflicts and previous attempts at
reporting date are as follows: fostering economic stability, even after emerging from
• By the lapsing of the time period on Creditor’s the COVID-19 pandemic with the socioeconomic issues
objection filing in regards to the capital changes and policies put in place the year before.
as meant by the Law No. 40 Year 2007 on Limited
Liability Company, the changes in the articles of Indonesia, like many other countries, is dealing with
association have been stipulated in the Deed No. the consequences of the COVID-19 pandemic and
7 dated 7 December 2023 which was made by the measures put in place to combat it. This includes
Notary Ashoya Ratam SH, MKn, and has been the need to reduce inflationary pressures and tighten
approved by the Minister of Law and Human Rights monetary policy, both of which weigh on the economy.
No. AHU-0082757.AH.01.02. Year 2023 dated 7
February 2024. In 2023, Bank BTPN has adjusted to account for current
conditions, resulting in realization growth below the
• In regards to the plan to Increase Capital by target.
Granting Pre-Emptive Rights II (“PMHMETD
II”) or Rights Issue II. which has been decided The realization of the Bank’s credit growth in 2023
in the Extraordinary General Meeting of was 7.1%, which is lower than the target of 8-10%.
Shareholders (EGMS) dated 7 December 2023, Customer deposits decreased by 5.8%, while the
Bank has obtained the effective statement from growth target was around 7-9%. This was primarily due
Financial Service Authority with letter Number to a 14.3% decrease in deposit balances, while CASA
S-29/D.04/2024 dated 19 February 2024. balances increased by 10.0% as a result of the Bank’s
efforts to optimize the cost of funds.
The Bank has disclosed its plan to use the proceed
from the Rights Issue fund to expand and invest The rate of return on assets (ROA) and rate of return
through the acquisition of financing business on equity (ROE) were lower than the target set in
companies namely PT Oto Multiartha and PT conjunction with lower profit achievement due to
Summit Oto Finance, from SMBC and PT Summit additional loan reserve costs. However, the capital
Auto Group (which is currently a subsidiary of adequacy ratio was found to be higher than expected.
Sumitomo Corporation). The Bank’s NPL (gross) was recorded at 1.4%, meeting
the target, demonstrating the bank’s ability to maintain
excellent loan quality.
In terms of income, the Bank has successfully exceeded
its target, but the achievement of the net profit after tax
attributable to the parent entity’s owners was lower than
the target.
2023 ANNUAL REPORT PT BANK BTPN Tbk 137
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Management Discussion and Analysis
FINANCIAL
PERFORMANCE REVIEW
Comparison between Target and Realization
BUSINESS PROSPECTS
Description 2023 Target 2023 Realization
The Indonesian economy is predicted by the Asian
Capital Structure (Capital >22% 29.9% Development Bank to expand by 5.0% in 2023 and stay
Adequacy Ratio) at that level in 2024. This is mostly because Indonesia
Loan Growth 8-10% 7.1% seems to be maintaining stable financial conditions, a
Deposit Growth 7-9% (5.8%) strong external position, and the appropriate fiscal and
monetary policies.
ROA >2% 1.7%
ROE >7% 6.6%
In 2024, industrial loan is expected to increase by
NPL (gross) <2% 1.4%
7% - 8%. The Bank anticipates increased competition
in industrial TPF, resulting in gradual adjustments
2024 Projections to interest rates for funds and loan. Despite rising
The Bank has developed business projections or global interest rates, Bank Indonesia has kept the
targets for the upcoming year, considering factors like policy interest rate at 5.75% for the majority of 2023,
the persistently high rate of inflation, the possibility though they have decided to raise the benchmark
of a persistently high benchmark interest rate, and interest rate to 6% in October 2023 to maintain Rupiah
uncertainties that could impede economic growth, exchange rate stability and signal further tightening if
such as China’s economic slowdown, disruptions in the necessary. Nonetheless, inflation has been kept low
global supply of commodities, and rising geopolitical while economic stability has been maintained. In these
tensions that could have an impact on the world conditions, negative risks to Indonesia are primarily
economy in 2024. caused by external factors, with events such as
rising American interest rates and weak demand from
The Bank is targeting loan growth in line with industrial the Chinese economy potentially making Indonesia
growth projections by Bank Indonesia in the range of vulnerable to external shocks, despite the opportunities
10-12% by continuing to maintain credit quality, and and risks posed by the upcoming presidential election
supported by healthy growth of Third Party Funds, in 2024. Nonetheless, Indonesia’s diversification
to produce sustainable profitability, by maintaining a strategy, which focuses on downstream activities in raw
healthy NIM and by continuing to maintain a strong CAR commodities such as nickel, as well as strong domestic
level above 22%. demand, continue to support Indonesian economic
growth and stability.
Indicator Target By leveraging the banking industry’s economic and
credit growth potential, BTPN will focus on increasing
NIM 5-6%
credit by setting a risk appetite in line with the required
Capital Structure (Capital Adequacy Ratio) >22%
objectives and through the value chain, expanding
ROA >1.5% the retail customer base by optimizing distribution
ROE >6% channels, collaboration across Business Lines, and
NPL (gross) <2% strategic partnerships with the market ecosystem. The
company is also pursuing its CASA growth strategy
and increasing fee-based income, including digital
foreign exchange solutions and wealth management
through Jenius for retail customers, trade and cash
management for corporate customers, and other fee-
based transactions.
138 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Management Discussion and Analysis
DIVIDEND
Dividend Policy
The General Meeting of Shareholders determines the Bank’s dividend distribution. This policy considers the
adequacy of retained earnings balances, applicable laws and regulations, such as long-term and short-term capital
requirements, the Bank’s growth expectations, and market conditions.
Procedurally, the Board of Directors submits a proposal for dividend distribution to the President Director, which is
then approved by the Board of Commissioners. Next, the proposal is presented to the Annual GMS for shareholder
approval.
Dividend Realization
In line with the Company’s strong fundamentals throughout 2022 post-merger, Bank BTPN’s AGMS agreed to
distribute dividends for the first time since the 2018 AGMS, in keeping with the Company’s commitment to always
providing sustainable added value to all shareholders, as well as appreciation to shareholders who have always
supported and maintained good relations with Bank BTPN. Complete dividend payments were made in May 2023.
The following is detailed information on the realization of dividend payments:
Dividends
Dividends per Dividend to Net Profit
Fiscal Year Dividend Year Payment Date Distributed
Share (Rp) Ratio (%)
(Rp million)
2022 2023 11 Mei 2023 619,140 76.85 20
LONG-TERM COMPENSATION: EMPLOYEE AND MANAGEMENT STOCK
OWNERSHIP PROGRAM
In 2016, the bank implemented a share ownership program for its employees. This program provides long-term
compensation. The entire series of programs has been implemented in stages and concluded in 2021. The Bank pays
variable bonuses to Board of Directors in the form of shares, as regulated in POJK No. 45/POJK.03/2015.
REALISATION OF THE USE OF PUBLIC OFFERING PROCEEDS
The plans and realization of the use of funds from the Bank’s public offering remain unchanged from when it was
issued. The table below describes the details of the Bank’s public offering results and the realization of the use of
funds.
Bonds Issuance in Fiscal Year
Name of Bond Nominal (Rp) Date of Issuance Maturity date
Shelf Registered Bonds IV Bank BTPN Stage I Year 2019 A series 799,000,000,000 27 November 2019 26 November 2022
Shelf Registered Bonds IV Bank BTPN Stage I Year 2019 B series 201,000,000,000 27 November 2019 26 November 2024
2023 ANNUAL REPORT PT BANK BTPN Tbk 139
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Management Discussion and Analysis
FINANCIAL
PERFORMANCE REVIEW
Realization of the Use of the Proceeds from Public Offering
(Rp Million)
Realization Value of Public Offering Remaining
Realization of Use of Funds
Proceeds Funds from
Type of Public Effective
No. Total Public Public Plans for Realization Public
Offering Date Net
Offering Offering Use of of Use of Offering
Proceeds Proceeds
Proceeds Expenses Funds Funds
1 Shelf Registered 27 November 1,000,000 10,219.6 989,780.4 989,780.4 989,780.4 0
Bonds IV Bank 2019 A Series:
BTPN Stage I Year 799,000
2019 B Series:
201,000
Details on the Use of Proceeds from Public Offering
Realization of Loans Provision Business Activity Nominal Value
A Transportation Rp289,780,375,000
B Property Rp700,000,000,000
MATERIAL TRANSACTIONS WITH CONFLICTS OF INTEREST AND/OR
TRANSACTIONS WITH AFFILIATED/RELATED PARTIES
Material Transactions with Conflicts of Interest
In 2023, there were no material transactions between BTPN and members of the Board of Commissioners or the
Board of Directors that involve a conflict of interest.
Transactions with Affiliates or Related Parties
Recording of transactions with related parties of BTPN complied with PSAK No.7 regarding the “Disclosure of Related
Parties.” An explanation of the transaction’s details until the end of the period as of 31 December 2023 is provided in
the table below.
Realization of Transactions with Affiliated or Related Parties
Related Party Nature of Relationship Nature of Transaction
Sumitomo Mitsui Banking Corporation, Tokyo Controlling shareholders Current accounts with other banks; deposits from
other banks; derivative transactions; acceptance
payable
Sumitomo Mitsui Banking Corporation, Singapura Affiliated company Current accounts with other banks; deposits from
other banks; borrowings; subordinated loans;
derivative transactions
Sumitomo Mitsui Banking Corporation, Hong Kong Affiliated company Current accounts with other banks; deposits from
Branch other banks; derivative transactions
Sumitomo Mitsui Banking Corporation Bank Affiliated company Current accounts with other banks
International plc, London
Sumitomo Mitsui Banking Corporation, Dusseldorf Affiliated company Current accounts with other banks
Branch
Sumitomo Mitsui Banking Corporation, Malaysia Affiliated company Deposits from other banks
Berhad
Sumitomo Mitsui Banking Corporation, Bangkok Affiliated company Current accounts with other banks; deposits from
other banks; derivative transactions
140 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Management Discussion and Analysis
Related Party Nature of Relationship Nature of Transaction
Sumitomo Mitsui Banking Corporation, Seoul Affiliated company Securities
Sumitomo Mitsui Banking Corporation, New York Affiliated company Current accounts with other banks
Sumitomo Mitsui Banking Corporation, New Delhi Affiliated company Current accounts with other banks
PT SMFL Leasing Indonesia Affiliated company Deposits from customers; loans; derivative
transactions
PT Oto Multiartha Affiliated company Deposits from customers; loans; derivative
transactions
PT Summit Oto Finance Affiliated company Deposits from customers; loans; derivative
transactions
PT INA Sekuritas Indonesia Affiliated company Deposits from customers
PT SBCS Indonesia Affiliated company Deposits from customers
Key Management Personnel Directors, Commissioners and Loans, deposits from customers, payments
Executive Employees of compensation and remuneration, post-
employment benefits
Reason for Transaction Fairness, Review Mechanism,
Transactions with related parties are carried out and Compliance with Transaction
primarily for the interests and sustainability of Bank Regulations for Affiliated Parties
BTPN’s business, including lending and borrowing Bank BTPN has a policy of providing approval as a
funds in business activities, generating business review mechanism for transactions involving related
income, and being carried out routinely, repeatedly, parties. These transactions are conducted fairly and in
and/or sustainably. accordance with the applicable rules and regulations.
Transactions with related parties are subject to the
Related Party Transaction Value same terms and conditions as third-party transactions.
Details of transaction balances with related parties
are disclosed in Note 36 of the Consolidated Financial Banks engage in transactions with related parties
Statements December 31, 2023, which is part of this because of ownership and/or management
Annual Report. relationships. All transactions with related parties
were carried out under mutually agreed policies and
Transaction Review and Approval Policy conditions.
Bank BTPN has a policy for the evaluation and approval
of transactions with related/affiliated parties, which Statement of the Board of Directors
among other things refers to OJK Regulation Number on Transactions’ Compliance
32/POJK.03/2018 concerning Legal Lending Limit and with Adequacy Procedures and in
Providing Large Funds for Commercial Banks and its accordance with Generally Applied
amendments, namely POJK Number 38/OJK.03/2019. Business Practices
In this respect, the Company’s Board of Directors stated
The regulation states: (1) Banks are prohibited from that Affiliate Transactions, which are business activities
providing funds to related parties that is contrary to carried out following the enactment of POJK Number
general procedures for providing funds. (2) Banks 42/POJK.04/2020, was carried out in accordance with
are prohibited from providing Funds to Related applicable procedures, including the Management of
Parties without the approval of the Bank’s Board the Legal Lending Limit and Affiliate Transactions.
of Commissioners. (3) Banks are prohibited from
purchasing low quality assets from related parties.
The description below is also part of the process of
evaluating and granting approval for related/affiliated
transactions.
2023 ANNUAL REPORT PT BANK BTPN Tbk 141
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Management Discussion and Analysis
FINANCIAL
PERFORMANCE REVIEW
The role of the Board of Commissioners References in the Financial Statements
and the Audit Committee in Ensuring Information related to affiliated transactions is explained
Transactions was Implemented in more in detail in the audited financial statements on 36
accordance with Generally Applicable of the consolidated financial Statements included in this
Business Practices, which include Annual Report.
Compliance with Fairness Transaction
Principle (Arms-Length Principle)
In accordance with its duties and functions, the Audit MATERIAL INFORMATION ON
Committee regularly reviews the Bank’s business TRANSACTIONS RELATED TO
activities, particularly in the financial sector, including INVESTMENT, EXPANSION,
transactions with affiliated/related parties. The Board DIVESTMENT, ACQUISITION AND
of Commissioners receives reports as part of its LOAN/CAPITAL RESTRUCTURING
supervisory duties.
In 2023, Bank BTPN did not engage in investment,
The Board of Commissioners assesses that the Bank’s expansion, divestment, acquisition, and debt/capital
transactions in 2022 met the elements of regulatory restructuring activities, therefore information related to
compliance, including OJK Circular Letter Number 42/ the purpose, transaction value, and funding source of
POJK.04/2020, thereby in compliance with the principle the activities are not presented by Bank BPTN.
of fairness.
CHANGES IN THE LAWS AND REGULATIONS WITH SIGNIFICANT IMPACT
In 2023, several new regulations have been issued and may have an impact on the business activities of Bank BTPN
and its subsidiaries, including:
Impact on Financial
No. Regulation Regulation Subject
Statement
1. SEOJK No. 29/ Implementation provisions for the issuance of POJK on the Does not have a
SEOJK.03/2022 dated Implementation of Information Technology for Commercial Banks which significant impact on
December 27, 2022 specifically regulate cyber resilience and security include: the financial statements
concerning Cyber Resilience • Obligations and processes in place to maintain cyber resilience for the current period
and Security for Commercial • Cybersecurity maturity level assessment or the previous year’s
Banks • Cybersecurity testing period
• Establishment of a special unit or function tasked with handling the
Bank’s cyber resilience and security
• Initial notification reporting and Information Technology incident
reports in the form of cyber incidents.
2. POJK No. 27 of 2022 Adjustments to Basel 3 Reforms standards so that there are changes Does not have a
dated December 28, 2022 to the RWA calculation procedures and umbrella provisions for financial significant impact on
concerning the Second market development. the financial statements
Amendment to POJK for the current period
No. 11/POJK.03/2016 or the previous year’s
concerning Minimum period
Capital Requirements for
Commercial Banks
3. POJK No. 8 of 2023 Adjustment to developments in Indonesian laws and regulations which significant impact on
dated June 14, 2023 are directly or indirectly related to the implementation of the Anti-Money the financial statements
concerning Implementation Laundering Program, Counter-Terrorism financing and Counter - for the current period
of Anti-Money Laundering Proliferation Financing of Weapons of Mass Destruction in the Financial or the previous year’s
Programs, Counter- Services Sector period
Terrorism Financing and
Counter Proliferation
Financing of Weapons of
Mass Destruction in the
Financial Services Sector
142 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Management Discussion and Analysis
Impact on Financial
No. Regulation Regulation Subject
Statement
4. POJK No. 17 of 2023 Strengthening the implementation of Governance to: Does not have a
dated September 14, 2023 • Become a guide for every party in the Bank to improve the quality of significant impact on
concerning Implementation healthy Bank management the financial statements
of Governance for • Support the enforcement of market discipline, strengthening, for the current period
Commercial Banks competitiveness and resilience of the Bank as well as upholding the or the previous year’s
integrity of the financial system period
5. POJK No. 21 of 2023 • Utilization of Information Technology Does not have a
dated December 22, 2023 • Licensing mechanisms and documents for Digital Services and Digital significant impact on
concerning Digital Services Services related to Payment Systems the financial statements
by Commercial Banks • Harmonization of regulations regarding identification and verification for the current period
with POJK Anti-Money Laundering, Counter – Terrorism Financing and or the previous year’s
Counter Proliferation Financing of Weapons of Mass Destruction in the period
Financial Services Sector
• Redefinition of Digital Banking Services and Electronic Banking
Services into Digital Banking Services
• Recategorization of Digital Services, which are divided into 2, namely
Digital Services organized by Banks and Digital Services organized by
Banks with partners
• Adjustment of Digital Service implementation requirements that focus
on the Bank’s IT readiness
6. POJK No. 22 of 2023 Development and Improvement of the Financial Sector, this POJK Does not have a
dated December 22, 2023 contains regulatory adjustments, including: significant impact on
concerning Consumer and • Addition of the principle of Consumer and Community Protection, the financial statements
Community Protection in the namely enforcing compliance and fair competition; for the current period
Financial Services Sector • Adjustment of the scope of Financial Services Business Actors (PUJK) or the previous year’s
under the authority of the OJK in carrying out supervision; period
• Addition and confirmation of consumer rights and obligations in the
financial services sector as well as rights, obligations and prohibitions
for PUJK;
• Affirmation of consumer data protection and the obligation to ensure
information system security and cyber resilience; as well as
• Procedures for imposing and limits on compliance with sanctions.
CHANGES IN ACCOUNTING POLICIES
There are no material changes to accounting policies for the financial year 31 December 2023.
TAX PAYER COMPLIANCE
Tax Management and Payment Policy
Tax management and compliance policies, including tax payments, are contained in the Bank’s standard tax
operating procedures. Implementing compliance with tax regulations as a taxpayer is part of implementing good
corporate governance. Therefore, the Bank always fulfills these obligations. In 2023, total Corporate Income Tax had
increased over the previous year due to the addition of significant positive fiscal corrections, resulting in an increase
in taxable income, which is the basis for calculating Corporate Income Tax. Meanwhile, Employee Income Tax had
increased due to the increase in employee costs which are the object of Employee Income Tax.
Realization of Tax Payment
(Rp Million)
Description 2023 2022 2021
Corporate Income Tax 515,697 503,801 567,482
Employee Income Tax 345,134 309,729 293,535
2023 ANNUAL REPORT PT BANK BTPN Tbk 143
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Management Discussion and Analysis
MARKETING
ASPECT
Marketing activities are a crucial part of the Bank’s To serve SME customers, BTPN Mitra Bisnis will focus
operational activities to achieve business objectives. on developing existing services through the optimization
Moreover, competition in the financial industry, of branch networks and infrastructure. Furthermore,
especially banking, is increasingly intense from year to BTPN Mitra Bisnis has developed electronic channels
year, driven by evolving customer expectations. through Digital SME which currently have digital
capabilities for simple payment, transaction, and cash
These conditions pose challenges that Bank BTPN must management.
address to adapt to all changes effectively. Therefore,
the Bank continuously enhances service quality and BTPN Mitra Bisnis also collaborates with several
implements effective marketing strategies to meet the strategic partners to enhance customer acquisition.
growing and varied needs of customers. These collaborations also include business development
training and education for bank customers and potential
For Bank BTPN, maintaining and increasing market customers.
share is crucial to ensure sustainable business growth.
The Bank also continues to enhance collaboration and
synergy among business lines, such as Corporate,
MARKETING STRATEGY Retail Banking, and Business Banking, to increase
cross-selling activities for BTPN.
In 2023, Bank BTPN devised and put into action
marketing strategies aimed at boosting the In the Retail Lending segment, to serve retirees in
effectiveness of its products and services. This was remote locations, Bank BTPN continues to develop
done not only to improve the Company’s business payment point networks in collaboration with PT
performance but also to provide maximum satisfaction Pos Indonesia, as well as with third parties, such as
to customers. electronic payment device providers and other parties
with extensive service/outlet networks.
Regarding corporate services, the Bank continues to
expand its service network for corporate customers in Additionally, development in the micro sector remains
various major cities in Indonesia, utilizing the extensive focused on financing in the form of capital access loans
branch network of BTPN in industrial and other strategic and banking services for productive economic actors
areas to enhance customer engagement in those (MSMEs) and their communities. Financing provided to
locations. customers includes loans tailored to the needs of their
businesses to enhance their business capacity. Micro
In terms of systems, the Bank has several electronic customers are provided with product options tailored
Banking (e-Banking) platforms including SMAR&TS, to their business cycles, loan purposes, and currently,
Jenius, and Business Access. Bank BTPN aims to the development of micro product potentials is
continually create innovative platforms to enhance expanded not only through direct offers to MSMEs but
our services, explore new business opportunities, and also through business model cooperation with BTPN
initiate Greenhouse Gas emission calculations across partners (community partnerships). Micro customers are
the supply chain of our corporate customers, in line with provided with capacity-building programs through the
Greenhouse Gas protocol. BTPN Daya.id online program so that they can scale up
their businesses.
Bank BTPN also continues to establish new
partnerships with third parties in providing financing to
individual and corporate debtors, both in joint financing
and channeling schemes.
144 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Management Discussion and Analysis
Aligned with the advancements in information Moreover, with the increasing awareness of corporate
technology in the financial industry, including banking, customers about environmental and social issues,
the Bank has also implemented online-based marketing there is a growing trend among corporate customers
strategies for customers, such as web meetings, to to seek financial products that align with these values.
quickly and accurately address every financial need This includes not only financing but also funding
customers may have. Additionally, the Bank regularly through deposit products. Through ESG Deposits,
provides educational services to customers on various Bank BTPN encourages corporate customers to
topics beyond banking products, such as seminars, participate in creating sustainability in the financial
training sessions, and Corporate Social Responsibility sector. ESG Deposits reflect a commitment to good
(CSR) programs. corporate governance, emphasizing integrity and ethics
in fund management. This approach is supported by
Regarding Jenius, to enhance and deliver increasingly transparency, where sectors that can be supported by
relevant services to customers, the Bank continues to the ESG Deposit framework can be accessed through
develop revolutionary features in the Jenius application. the official Bank BTPN website.
The development process for these features, both
enhancing existing features and introducing new ones, This strategy aims to maximize differentiation
involves co-creation by listening to ideas and feedback opportunities amid competition by offering funding
from users and potential users. products that not only provide financial benefits but
also have a real positive impact. By focusing on ESG
Jenius also collaborates with partners to provide more principles, Bank BTPN can enhance its reputation as a
comprehensive services, such as for the Yay Points positive agent of change in society, increase customer
redemption category of Jenius Credit Card for e-wallet loyalty, and attract the attention of potential customers
and travel, which can be redeemed in real-time directly who share these values.
from the application. Moreover, to reach more people,
Jenius also collaborates with several running events To support maximum service to customers, the Bank
in Indonesia as co-title sponsors and official banking continually measures Service Level Agreements
partners, as well as conducting various activities with (SLAs). The Bank handles customer complaints well,
communities in cities across Indonesia. especially to ensure they are responded to promptly
and accurately.
Jenius also collaborates with strategic partners,
including cooperation with telecommunications
service providers to introduce Jenius to corporate MARKET SHARE
telecommunications customers or offer payroll payment
services through Jenius. An explanation of Bank BTPN’s market share in 2023 is
presented in the table below.
Furthermore, to fulfill the Bank’s obligations under
OJK Regulation No. 51/POJK.03/2017 regarding the Market Share Bank BTPN
implementation of sustainable finance for Financial (Rp Million, unless stated otherwise)
Services Institutions, Issuers, and Public Companies,
Criteria Description 2023 2022
BTPN cooperates with SMBC and other agencies to
organize workshops/seminars related to Environment, Asset Commercial Bank 11,765,838 11,113,321
Social, Governance (ESG) for corporate customers.
Bank BTPN 201,448 209,170
This helps customers gain knowledge/awareness of
Pangsa Pasar 1.7% 1,9%
ESG, which can then assist them in transitioning to
Total Third-Party Commercial Bank 8,457,929 8,153,590
net zero emissions. BTPN was also selected as one of Fund
Bank BTPN 108,199 114,867
the banks in the implementation of the pilot project for
Pangsa Pasar 1.3% 1.4%
reporting Indonesia’s Green Taxonomy (THI). This opens
up opportunities for financing and other opportunities Total Loan Commercial Bank 7,090,243 6,423,564
Provided
related to ESG/sustainability (including the development Bank BTPN 156,561 146,124
of ESG-related financing facilities - green, social, and Pangsa Pasar 2.2% 2.3%
sustainability linked loans) for corporate customers. As
part of the SMBC Group, BTPN will identify and control
emissions financed across its loan portfolio, especially
for sectors that have emission reduction targets set by
SMBC.
2023 ANNUAL REPORT PT BANK BTPN Tbk 145
Page 148
Page 149
RISK
MANAGEMENT
148 Risk Management Policy
149 Risk Management Governance
149 Risk Management Organization
150 Description of Risk Management Implementation
152 Review of The Effectiveness of The Risk
Management System
152 Statement by The Board of Directors and/or The
Board of Commissioners or The Audit Committee
Regarding Risk Management Adequacy
153 Internal Control System
154 Capital Disclosure
171 Disclosure of Risk Exposure
Bank BTPN continues to
enhance a risk culture
within the Bank’s
environment, as it is
crucial for all employees
to understand and
comprehend the risks
involved in various Bank
activities.
Page 150
Risk Management
The implementation and development of risk 3. Clear line of responsibility and accountability in
management at PT Bank BTPN Tbk (“Bank BTPN”, managing each type of risk.
“BTPN”, “Bank”) and its Subsidiaries aim to prevent 4. Methodology and management information system
Banking activities from generating losses that exceed used that measures risks and supports business.
their predetermined risk appetite or even disrupt the 5. Implementation of authority and limit amount
continuity of the Bank’s business. For this reason, the reflects the maximum acceptable risk of loss in line
Bank continuously applies the prudential principle in with the Bank’s risk tolerance and risk appetite.
carrying out business activities. 6. Management of business continuity plans (Business
Continuity Management).
The risk management process is designed to be able 7. Management of information security risks.
to identify, measure, monitor and control the risks 8. Policies that regulate new products and activities.
faced by BTPN and its Subsidiaries. The basis of its 9. Credit policies that serve as credit guidelines in
implementation is guided by the Financial Services regulating the provision of sound credit, analysis,
Authority (OJK) regulations which regulate the credit approval authority, recording, limit setting,
implementation of risk management for commercial and reporting.
banks and by the Basel regulations issued by the 10. Measurement and establishment of the Bank’s risk
Basel Committee of Banking Supervision (BCBS). Risk rating presented in the form of risk profile.
management is implemented both at individual and 11. Treasury policies that include liquidity risk
consolidated level. management and ALMA policy.
The risk management framework is implemented Reference to statutory regulations which form the basis
through adequacy of policies, procedures, risk for implementing the Bank’s risk management, among
management tools, limit setting, and authority. The others are as follows:
Bank and its subsidiaries develop risk management 1. OJK Regulation No. 12/POJK.03/2021 regarding
continuously in line with the increasing business Commercial Banks.
complexity and organization development, strategy, and 2. OJK Circular Letter No. 34/SEOJK.03/2016
information system management. regarding the Application of Risk Management for
Commercial Banks.
The implementation of risk management within BTPN 3. OJK Regulation No. 11/POJK.03/2022 regarding
covers the following: the Implementation of Information Technology by
1. Active supervision by the Board of Commissioners Commercial Banks
and the Board of Directors; 4. OJK Regulation No. 13/POJK.03/2021 regarding
2. Adequacy of policies, procedures, and setting the Implementation of Products of Commercial
limits; Bank.
3. Adequacy of identification, measurement, 5. OJK Circular Letter No. 29/SEOJK.03/2022
monitoring, and risk control processes as well as in regarding Cyber Resilience and Security for
risk management information system; and Commercial Banks.
4. Comprehensive internal control. 6. OJK Circular Letter No. 21/SEOJK.03/2017
regarding the Application of Risk Management in
the Use of Information Technology by Commercial
RISK MANAGEMENT POLICY Banks.
7. OJK Regulation No. 38/POJK.03/2017 regarding
Implementation of the risk management policy is the Application of Consolidated Risk Management
performed consistently in line with the Bank’s vision, for Banks Exercising Control over Subsidiary
mission, and strategic plans. This policy is established Companies.
to ensure that the Bank’s risk exposure is in line with 8. OJK Regulation No. 17/2023 regarding Governance
internal policies and procedures as well as prevailing Implementtaion for Commercial Banks.
laws and regulations. 9. OJK Circular Letter No. 35/SEOJK.03/2017 dated
7 July 2017 regarding the Standard Guidelines for
Several considerations in implementing risk Internal Control Systems for Commercial Banks.
management policies are as follows: 10. OJK Regulation No. 1/POJK.03/2019 dated 28
1. Types of business and product carried out in January 2019 regarding the Application of Internal
accordance with the Bank’s vision, mission, and Audit Function for Commercial Banks.
business strategies. 11. OJK Regulation No. 46/POJK.03/2017 dated
2. Clear and controlled risk identification and 12 July 2017 regarding the Implementation of
mitigation, specifically related to the Bank’s Compliance Functions for Commercial Banks.
products and transactions.
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12. OJK Regulation No. 39/POJK.03/2019 regarding 11. Third Party Risk Management Policy.
the Application of Anti-Fraud Strategies for 12. Information Technology Utilization Policy.
Commercial Banks.
13. OJK Regulation No. 34/POJK.03/2016 regarding
the Amendment to OJK Regulation No. 11/ RISK MANAGEMENT GOVERNANCE
POJK.03/2016 dated 29 January 2016 regarding
the Minimum Capital Requirements. Risk governance is an inherent part of risk management
14. OJK Regulation No. 17/POJK.03/2021 regarding implementation in BTPN. In its implementation, the
the Second Amendment to OJK Regulation No. 11/ Bank refers to a number of regulations, including OJK
POJK.03/2020 regarding the National Economic Regulation No. 17/2023 and Circular Letter No.34/
Stimulus as a Countercyclical Policy on the Impact SEOJK.03/2016 on the Implementation of Risk
of the Spread of Coronavirus Disease 2019. Management for Commercial Banks as well as OJK
15. Basel Committee on Banking Supervision (BCBS). Regulation No.38/POJK.03/2017 on the Implementation
16. OJK Circular Letter No. 29/SEOJK.03/2022 of Consolidated Risk Management for Banks towards
regarding Cyber Resilience and Security for Subsidiaries. The Bank discloses its risk profile report
Commercial Banks. quarterly, both at individual and consolidated level.
17. OJK Regulation No. 21 of 2023 on Digital Services
by Commercial Banks. Risk governance in BTPN is managed by the Risk
Management Directorate, which is independent of
The Bank also retains a number of internal provisions business units. At the Board of Directors level, the Bank
related to risk management implementation, among also holds monthly meetings of the Risk Management
others are as follows: Committee to discuss potential risks faced by the Bank
1. Risk Management Policy and those with potentially significant impact.
2. Compliance Policy
3. Corporate Governance Policy The Risk Management Committee holds quarterly
4. Internal Audit and Internal Audit Charter Policy meetings with the Board of Commissioners to
5. Credit Policy provide recommendations on improving the Bank’s
6. Operational Risk Management Policy management activity implementation. The Risk
7. Information Management and Security Policy Management Directorate regularly reviews policies and
8. Business Continuity Management Policy procedures, including the socialization of existing risks
9. Insurance Management Policy faced by BTPN.
10. Anti Fraud Strategy Policy
RISK MANAGEMENT ORGANIZATION
The Bank and its Subsidiaries’ risk management organization involve the supervision of the Board of Commissioners
and the Board of Directors. The Bank and Subsidiaries also established the Risk Monitoring Committee as the highest
supervisor at the Commissioners level and the Risk Management Committee at the Director’s level, which is very
important in risk control. The Committee become the control units that monitor all risks existing in the operational
activities of the Bank and Subsidiaries.
President Director
Head of Risk Management
Market & Liquidity Operational & Fraud Portfolio
Cyber Security Risk Risk Management
Secretary Risk Management Risk Management Management
Management Head Planning Head
Head Head & Policy Head
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In performing their duties related to risk management 4. Monitors risk position/exposure comprehensively,
implementation, the Board of Commissioners and the per type of risk, as well as conducts stress testing.
Board of Directors are assisted by work units, namely 5. Conducts reviews on risk management process.
as follows: 6. Conducts risk analysis on proposed new activities
1. Risk Monitoring Committee and/or products, including improvement or
2. Risk Management Committee changes.
3. Fraud Committee 7. Provides recommendations to the risk taking units
4. Risk Management Unit and Risk Management Committee in accordance
5. Assets and Liabilities Committee (ALCO) with its authority.
6. Information Technology Steering Committee 8. Prepares and submits the Bank’s risk profile report
7. Internal Audit to the Board of Directors and Risk Management
8. Risk Taking Units Committee at least quarterly as well as reports to
OJK periodically as stipulated.
The Risk Management Unit (SKMR) is independent 9. Establishes the implementation of risk management
from the risk-taking units and units in charge of internal instruments application as well as assesses
control. SKMR directly reports to the President Director the model’s accuracy and data validity used to
or Head of Risk Management assigned to oversee the measure the Bank’s risks.
risk management function. 10. Coordinates the Bank’s internal control function
(quality assurance) to ensure the alignment of
SKMR functions to assist the Board of Directors as activities conducted by all quality assurance
follows: functions in business lines and supporting
1. Provides feedback to the Board of Directors in functions.
establishing risk management policies, strategies
and framework.
2. Carries out risk identification, measurement, DESCRIPTION OF RISK MANAGEMENT
monitoring and control processes related to the IMPLEMENTATION
Bank’s business activities.
3. Monitors the implementation of risk management The Bank has retained the risk management
policies, strategies and framework. implementation process set-forth in the Bank’s Risk
Management Policy. This process flow is explained in
the table below.
No. Risk Management Process Description
1 Risk Identification All types of risk inherent in each product activity and business activity must be identified. This
is carried out to identify potential risks and impacts so that the Bank can prepare the control
mechanism. Identification must be conducted by each Risk Taking Unit as the first line of
defense and strengthened by risk identification by the Risk Management, Compliance, and
Legal, Finance and Human Resources units as the second line of defense by taking into account
the following matters:
a. Conduct periodic identification of risks.
b. Have a method or system to identify risks on all of the Bank’s products and business
activities.
c. Identification process is conducted by analyzing all sources of risk of the Bank’s products
and activities as well as ensure that such risks have passed through the proper risk
management process prior to being allowed or executed.
2 Risk Measurement All identified risks must be measured as one of the materials to evaluate the results of risk
management implementation and as a basis for determining the improvement steps. One of the
means to measure risk exposure is by determining the risk parameters which must be adjusted if
material changes occur in the products, processes, or risk factors.
3 Risk Monitoring and Limit The Risk Taking Unit and the Risk Management Work Unit are obligated to conduct monitoring
of risk exposure and risk limit, as well as to report to the Management and/or the Risk
Management Committee periodically.
4 Risk Control Risk control must be carried out on the Bank’s products and activities. This control refers to the
principle of three lines of defense, namely Risk Taking Unit and Business Risk as the first line
of control, Risk Management, Compliance and Legal, Finance and Human Resources as the
second line of control, and Internal Audit (SKAI) as the last line of control.
5 Risk Management Information Risk Management Information System can accommodate risk mitigation strategy, accuracy,
System informative on financial, functional and risk exposure performance conditions, updated, secured,
consistent, and available on-time basis as well as having audit footprint.
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No. Risk Management Process Description
6 Implementation of Consolidated Monitoring of consolidated risk management is carried out limited to subsidiaries involved in
Risk Management finance. This is in accordance with the provisions of Bank Indonesia and OJK which cover the
following:
a. Supervision of the Board of Commissioners and the Board of Directors.
b. Adequacy of policies, procedures and limit setting.
c. Adequacy of risk identification, measurement, monitoring and control processes as well as
risk management information.
d. Comprehensive Internal Control system.
Risk Management Culture Plans for 2024
It is important for all employees to know and understand Improvement of risk management implementation will
the risks being faced in all Bank activities. Risk be continuously carried out to support business growth,
management culture is implemented by establishing improve mechanism to evaluate portfolio quality and to
trust, execution and management supervision, which support system as well as infrastructure development in
will ensure that bank activities have been carried out by line with business initiatives in carrying out digitalization
adhering to the prudential principles. and preparing to implement environment-oriented risk
management. Key initiatives to be implemented consist
Risk culture is established through the following: of the following:
1. Direction and supervision from the Board of 1. Prepare framework as well as stress testing
Commissioners and the Board of Directors scheme related to Climate Risk in Credit Risk area
2. Introducing risk management as an integral part of and prepare Bottom up CRST piloting report in
business implementation accordance with the regulator’s guidance.
3. Compliance with all policies, procedures, applicable 2. The Bank continues to develop concepts and
laws and regulations. frameworks as well as automation for predefined
reports through the Enterprise Risk Datamart
Risk awareness and culture are established in all levels which covers credit, market & liquidity and fraud
of the organization through the following: monitoring.
1. Risk management by the Board of Commissioners 3. Develop a market risk-weighted analysis (RWA)
and the Board of Directors is conducted through calculation application in accordance with the latest
the process of providing directions and supervision regulatory provisions, and submit the Market Risk
in the meetings of the Risk Monitoring Committee RWA calculation report to OJK starting at end of
and Risk Management Committee. January 2024.
2. Communication on the expected level of risk profile 4. Stabilize the Financial Risk Analytics Framework
is carried out through establishing various risk and develop application for automation needs to
limitations and portfolio management. accommodate the implementation of regulatory
3. Provision of authority to the employees on handling financial impact simulation which is forecasting
risks with caution in performing bank activities. bankwide and at business unit levels.
Supervision of risk management implementation 5. Continue with initiatives to improve cyber security
is conducted, among others, by method of self- which includes information security management.
assessment and internal monitoring system. 6. Prepare to develop a reporting support system
4. Implementation of risk awareness training and/ related to liquidity risk for the need to develop
or campaigns conducted periodically and projections, simulations and stress tests as well as
continuously. to anticipate Revisions to Pillar 2 Policy - Internal
5. Compliance with all policies, procedures, applicable Liquidity Adequacy Assessment Process (ILAAP)
laws and regulations. from the OJK.
6. Monitoring of the effectiveness of risk management 7. Prepare for the implementation of regulations
in all areas. related to calculation of risk-weighted assets for
market risk and Fundamental Review of the Trading
Focus in 2023 Book (FRTB).
In the context of post-pandemic economic recovery, the 8. Improve the monitoring process of subsidiaries by
Bank began to focus on increasing credit distribution Bank BTPN as the parent company in implementing
while remaining attentive to the prudential principles risk management.
and to maintaining the quality of the credit portfolio.
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REVIEW OF THE EFFECTIVENESS OF regarding the Implementation of Information
THE RISK MANAGEMENT SYSTEM Technology by Commercial Banks as well as
SEOJK No. 29/SEOJK.03/2022 regarding Cyber
Bank BTPN annually conducts a review on the Resilience and Security for Commercial Banks.
effectiveness of the risk management system used. 9. The Bank is developing a report related to liquidity
For the 2023 financial year, results of the review are as risk which includes Basel III reporting.
follows: 10. The Bank prepared policies and procedures related
1. In line with OJK’s guidance in respond to Climate to calculating risk-weighted assets for market risk
Change, the Bank start to prepare a framework that and the Fundamental Review of the Trading Book
relates to Climate Risk and adapt to regulatory’s (FRTB).
directives.
2. The Bank has continuously conducted validation During the transitional period from the COVID-19
of PSAK 71 model and updated annual pandemic to endemic and in line with KDK 34/
macroeconomic factors in the third quarter of KDK.03/2022 regarding Special Treatment for Financial
2023 as part of a sustainable review framework Services Institutions in Specific Regions and Sectors
by continuously monitoring the implementation of in Indonesia Impacted by a Disaster and OJK Board of
POJK relaxation regulations during the pandemic Commissioners Decree No 34/KDK 03/2022 concerning
while continuously coordinated with the business Stipulation of Region and/or Sector Which Require
units. Special Treatment regarding Bank Financing (the
3. The Bank continued to develop concepts and sectors and/or regions include Accommodation and
frameworks as well as automation for predefined Food and Drink Provision Sector, the Textile and Textile
reports through the Enterprise Risk Datamart. Products and Footwear Sectors, the Micro, Small
4. The Bank continued to prepare a conceptual and Medium Enterprises Segment and Bali Province,
framework to be used for the Financial Risk the Bank adjusted the provisions, procedures and
Analytics Framework project at the finalizing stage methods to implement relaxation and restructuring in
of the model and documentation. line with these regulations and continues to observe
5. The Bank has reported RWA Operational Risk and and supervise the quality and adequacy of CKPN for
Credit Risks report by utilizing the Standardized restructured debtors.
Approach (SA) in line with applicable provisions.
The Bank also carried out piloting calculate RWA
Market Risk reporting using the Standardized STATEMENT BY THE BOARD OF
Approach (SA) in line with applicable provisions DIRECTORS AND/OR THE BOARD
starting from June 2023 position and submitted to OF COMMISSIONERS OR THE AUDIT
the OJK in accordance with applicable provisions. COMMITTEE REGARDING RISK
6. The Bank periodically and continuously conducted MANAGEMENT ADEQUACY
market and liquidity risks stress testings to
measure and monitor the impact on the Bank’s In the risk management organization structure, the
financial condition and liquidity resilience, as well active supervision of the Board of Commissioners is
as to anticipate changes in economic and external carried out through the Risk Management Oversight
conditions. The Bank also measured interest rate Committee. While the Board of Directors directly leads
risk in the Banking Book to monitor potential drop the implementation of risk management within the Bank.
in capital value (Economic Value of Equity/EVE) and
profitability (Net Interest Income/NII). In respect of the implementation of risk management
7. The Bank has and continues to implement in 2023, the Board of Commissioners and the Board
initiatives to improve information security through of Directors believe that the Bank’s risk management
the application of user awareness campaigns and adequacy was sufficient. The implementation has also
cyber security training including periodic and ad been in line with developments in the Bank’s economic
hoc phishing simulation programs by using the and business conditions.
latest tools and applying due diligence as well as
periodic reviews of the implementation of cyber The Bank’s internal policy regarding risk management
security standards by a third party. refers to the current applicable regulations, including
8. The Bank established a cyber security risk the provisions of the Financial Services Authority,
management function that is independent from the Bank Indonesia and the Deposit Insurance Agency.
IT management function in line with PBI No. 23/7/ The Bank also retains a review mechanism periodically
PBI/2021 regarding Payment System Infrastructure conducted on the effectiveness of risk management
Operators and POJK no. 11/POJK.03/2022 implementation.
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INTERNAL CONTROL SYSTEM the Internal Audit retains the supervisory function to
assess risk management, the effectiveness of internal
The Internal Control System approach used by BTPN is control, and the governance of all aspects of the
the Three Lines of Defense. Each of these stages works Bank’s activities using the risk-based approach. Thus,
independently, with details described below: the supervisory function is carried out in the first line
• First Line of Defense of defense (Risk Taking Units and Quality Assurance)
The Risk Taking Unit (RTU) assisted by Business and the second line of defense (Risk Management
Risk/ICR related to the enforcement of discipline in Directorate, Compliance Unit, Finance, and Human
daily risk management practices. Resources).
• Second Line of Defense Evaluation by the Internal Audit on the effectiveness
The Risk Management Directorate, together of internal control takes into account various aspects.
with the Compliance Unit, Finance and Human Among others, the organization and human resources,
Resources, namely to define, improve and customer service, the Bank’s infrastructure, and the
ensure risk management implementation through quality of implementation of the Bank’s main processes,
identification, measurement, adequate monitoring which contain risks.
and control processes complemented with
accurate policies and procedures and coordination/ The Internal Audit regularly monitors the improvement
facilitation of the overall risk management activities. status of each finding and reports to the President
Director, the Board of Directors, and the Audit
• Third Line of Defense Committee. Implementation of the supervisory function
The Internal Audit independently conducts carried out by the Internal Audit is based on the
inspection and evaluation on governance and the Financial Services Authority Regulation (POJK) No. 1/
effectiveness of risk management application. POJK.03/2019 regarding Implementation of Internal
Audit Function in Commercial Bank and International
In practice, as the second line of defense, the Risk Practices of Professional Framework (IPPF) established
Management Directorate coordinates with Business by Institute of Internal Auditors (IIA). Every 3 (three)
Risk/ICR in the first line of defense to ensure the years, the Bank conducts an audit on the supervisory
effective implementation of risk management. As the function of the Internal Audit by an independent party to
third line of defense in the internal control system, review its compliance with applicable standards.
Scheme of the Three Lines of Defense Model and Internal Control Flow
Risk Monitoring Functions & Audit Committees
Board of Directors (BoD)/Board of Management BoM)
Coordination & Collaboration
External Auditors
Regulators
1st Line of Defense 2nd Line of Defense 3rd Line of Defense
Risk Taking Unit Risk Management Internal Audit
Business Risk/ICR Compliance & Legal
Finance & Planning
Human Resources
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CAPITAL DISCLOSURE
Capital Structure
Product complexity and the Bank’s business activities continue to develop. And so are the method and risk
measurement techniques in the banking industry. In response thereof, Banks have to maintain adequate capital in
order to anticipate risks related to Banking business.
The Bank also needs to conduct capital management to make sure that current capital is above the minimum level set
by the Financial Services Authority (OJK). Capital must also be adequate to anticipate the risks faced and support the
Bank’s future business plans as well as strategic plans.
The Bank’s capital position as at 31 December 2023, in accordance to the current OJK regulations, is as follows:
Consolidated Key Metrics Report as of 31 December 2023
(in million Rupiah)
No. Description T T–1 T–2 T–3 T–4
Available capital (amounts)
1 Common Equity Tier 1 (CET1) 36,613,893 36,474,300 35,760,429 35,868,931 34,966,039
2 Tier 1 36,613,893 36,474,300 35,760,429 35,868,931 34,966,039
3 Total capital 41,157,380 41,127,938 40,293,218 40,424,788 39,593,006
Risk-weighted assets (amounts)
4 Total risk-weighted assets (RWA) 137,651,897 138,089,212 135,352,977 138,022,391 145,091,415
Risk-based capital ratios as a percentage of RWA
5 CET1 ratio (%) 26.60% 26.41% 26.42% 25.99% 24.10%
6 Tier 1 ratio (%) 26.60% 26.41% 26.42% 25.99% 24.10%
7 Total capital ratio (%) 29.90% 29.78% 29.77% 29.29% 27.29%
Additional CET1 buffer requirements as a percentage of RWA
8 Capital conservation buffer (2.5% from RWA) (%) 2.50% 2.50% 2.50% 2.50% 2.50%
9 Countercyclical Buffer (0-2.5% from RWA) (%) 0.00% 0.00% 0.00% 0.00% 0.00%
10 Capital Surcharge for Systemic Bank (1%-2.5%) (%) 1.00% 1.00% 1.00% 1.00% 1.00%
11 Total of bank CET1 specific buffer requirements (%) 3.50% 3.50% 3.50% 3.50% 3.50%
(row 8 + row 9 + row 10)
12 CET1 Component for buffer 20.60% 20.41% 20.42% 19.99% 18.06%
Basel III leverage ratio
13 Total Exposure 223,139,453 218,986,945 215,444,235 226,232,080 230,965,581
14 Leverage Ratio, including the impact from the 16.41% 16.66% 16.60% 15.85% 15.14%
adjustment of the temporary exemption from account
with Bank Indonesia in regards with the fulfill of
stipulated Minimum Reserve Requirement (if any)
14b Leverage Ratio, excluding the impact from the 16.41% 16.66% 16.60% 15.85% 15.14%
adjustment of the temporary exemption from account
with Bank Indonesia in regards with the fulfill of
stipulated Minimum Reserve Requirement (if any)
14c Leverage Ratio, including the impact of adjustment 0.00% 0.00% 0.00% 0.00% 0.00%
of the temporary exemption from account with Bank
Indonesia in regards with the fulfill of stipulated
Minimum Reserve Requirement (if any), which already
included the average from gross asset carrying value
Securities Financing Transaction (SFT)
14d Leverage Ratio, excluding the impact of adjustment 0.00% 0.00% 0.00% 0.00% 0.00%
of the temporary exemption from account with Bank
Indonesia in regards with the fulfill of stipulated
Minimum Reserve Requirement (if any), which already
included the average from gross asset carrying value
Securities Financing Transaction (SFT)
154 2023 ANNUAL REPORT PT BANK BTPN Tbk
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(in million Rupiah)
No. Description T T–1 T–2 T–3 T–4
Liquidity Coverage Ratio (LCR)
15 Total high-quality liquid assets (HQLA) 32,183,361 31,684,242 34,499,559 46,028,620 45,597,893
16 Total net cash outflow 17,466,631 17,448,147 16,032,996 18,001,881 17,159,157
17 LCR ratio (%) 184.26% 181.59% 215.18% 255.69% 265.74%
Net Stable Funding Ratio (NSFR)
18 Total available stable funding 131,606,862 134,881,606 136,367,337 138,526,016 147,189,919
19 Total required stable funding 115,658,692 112,109,071 109,981,774 109,376,687 110,075,079
20 NSFR ratio (%) 113.79% 120.31% 123.99% 126.65% 133.72%
QUALITATIVE ANALYSIS
• The Bank’s core capital as of 31 December 2023 was Rp36.6 trillion, increase compared to the core capital in the previous period. This
was mainly due to the increase in other disclosed reserves from retained earnings.
• The Bank’s total capital as of 31 December 2023 was Rp41.2 trillion, slightly increase compared to the total capital in the previous
period. This is due to the increase in Tier 1 capital.
• Total RWA decreased in December 2023 to Rp137.7 trillion due to the decrease in market risk RWA. The decrease in RWA for market
risk in the December 2023 compared to the September 2023 was due to a decrease in derivative transaction exposure to protect
exposure arising from credit exposure carried out in November 2023.
Note:
T is quarterly period, T-1 is 1 quarterly previous period.
Differences between accounting and regulatory scopes of consolidation and mapping of financial statement
categories with regulatory risk categories (LI1)
(in million Rupiah)
Carrying values of items
Carrying
Carrying Not subject
values as
values Subject to Subject to Subject to to capital
reported in Subject to
under scope counterparty the the market requirements
published credit risk
of regulatory credit risk securitization risk or subject to
financial framework
consolidation framework framework framework deduction
statements
from capital
ASSET
Cash 1,428,683 1,428,683 - - - - 1,428,683
Placements with Bank Indonesia 18,000,252 18,000,252 - - - 18,000,252 18,000,252
Placements with other banks 1,200,387 1,200,387 - - - 1,200,387 1,200,387
Spot and derivative / forward 1,133,149 1,133,149 - 1,133,149 - 1,133,149 1,133,149
receivables
Securities 17,038,501 17,038,501 - - - 17,038,501 17,038,501
Securities sold under - - - - - - -
repurchase agreements (repo)
Claims from securities - - - - - - -
purchased under resale
agreements (reverse repo)
Acceptance receivables 3,289,757 3,289,757 - - - 3,289,757 3,289,757
Loans 145,173,436 145,173,436 145,173,436 - - 145,173,436 145,173,436
Sharia financing/receivables 11,387,861 11,387,861 11,387,861 - - 11,387,861 11,387,861
Equity Investments 102,586 102,586 - - - 102,586 102,586
Other financial asset 1,361,853 1,361,853 - - - 1,361,853 1,361,853
Impairment on financial assets (4,627,641) (4,627,641) - - - - (4,627,641)
-/-
a. Securities (799) (799) - - - (799) (799)
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(in million Rupiah)
Carrying values of items
Carrying
Carrying Not subject
values as
values Subject to Subject to Subject to to capital
reported in Subject to
under scope counterparty the the market requirements
published credit risk
of regulatory credit risk securitization risk or subject to
financial framework
consolidation framework framework framework deduction
statements
from capital
b. Loans and Sharia financing (4,618,047) (4,618,047) (4,618,047) - - (4,618,047) (4,618,047)
c. Others (8,795) (8,795) - - - (8,795) (8,795)
Intangible assets 3,541,155 3,541,155 - - - - -
Accumulated amortization of (2,451,771) (2,451,771) - - - - -
intangible assets -/-
Fixed assets and equipment 5,040,250 5,040,250 - - - - 5,040,250
Accumulated depreciation on (2,992,438) (2,992,438) - - - - (2,992,438)
fixed assets and equipment -/-
Non-productive assets 79,120 79,120 - - - - 79,120
a. Abandoned properties 21,099 21,099 - - - - 21,099
b. Foreclosed assets 58,021 58,021 58,021 - - - 58,021
c. Suspense accounts - - - - - - -
d. Interbranch assets - - - - - - -
Other assets 2,743,252 2,743,252 - - - - 2,028,100
TOTAL ASSET 201,448,392 201,448,392 152,001,271 1,133,149 - 194,060,141 199,643,856
LIABILITIES
Demand deposits 26,628,683 26,628,683 - - - 26,628,683 26,628,683
Saving deposits 17,558,817 17,558,817 - - - 17,558,817 17,558,817
Time deposits 64,011,076 64,011,076 - - - 64,011,076 64,011,076
Electronic money - - - - - - -
Liabilities to Bank Indonesia - - - - - - -
Liabilities to other banks 10,814,638 10,814,638 - - - 10,814,638 10,814,638
Spot and derivative / forward 1,072,104 1,072,104 - 1,072,104 - 1,072,104 1,072,104
liabilities
Securities sold under - - - - - - -
repurchase agreements (repo)
Acceptance liabilities 2,323,633 2,323,633 - - - - 2,323,633
Securities issued 200,569 200,569 - - - 200,569 200,569
Borrowings 34,283,897 34,283,897 - - - 34,283,897 31,307,144
Margin deposits - - - - - - -
Interbranch liabilities - - - - - - -
Other liabilities 3,271,871 3,271,871 - - - 3,271,871 3,271,871
Minority Interest 2,616,678 2,616,678 - - - 2,616,678 2,616,678
TOTAL LIABILITIES 162,781,966 162,781,966 - 1,072,104 - 160,458,333 159,805,213
156 2023 ANNUAL REPORT PT BANK BTPN Tbk
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(in million Rupiah)
Carrying values of items
Carrying
Carrying Not subject
values as
values Subject to Subject to Subject to to capital
reported in Subject to
under scope counterparty the the market requirements
published credit risk
of regulatory credit risk securitization risk or subject to
financial framework
consolidation framework framework framework deduction
statements
from capital
EQUITY
Issued and fully paid-in capital 161,136 161,136 - - - - -
a. Authorized capital 300,000 300,000 - - - -
b. Unpaid capital -/- (137,018) (137,018) - - - -
c. Treasury stock -/- (1,846) (1,846) - - - -
Additional paid-in capital 11,145,923 11,145,923 - - - - 236,534
a. Agio 10,909,389 10,909,389 - - - - -
b. Disagio -/- - - - - - - -
c. Fund for paid up capital - - - - - - -
d. Others 236,534 236,534 - - - - 236,534
Other comprehensive income 886,452 886,452 - - - - (70,678)
a. Profit 979,525 979,525 - - - - 22,395
b. Loss -/- (93,073) (93,073) - - - - (93,073)
Reserves 32,596 32,596 - - - - -
a. General reserves 32,596 32,596 - - - - -
b. Appropriate reserves - - - - - - -
Profit/loss 26,440,319 26,440,319 - - - - -
a. Previous years 24,701,125 24,701,125 - - - - 619,140
b. Current year 2,358,334 2,358,334 - - - - -
c. Payable dividend -/- (619,140) (619,140) - - - - (619,140)
TOTAL EQUITY 38,666,426 38,666,426 - - - - 165,856
ATTRIBUTABLE TO THE
OWNERS OF PARENTS
TOTAL EQUITY 38,666,426 38,666,426 - - - - 165,856
TOTAL LIABILITIES AND 201,448,392 201,448,392 - 1,072,104 - 160,458,333 159,971,069
EQUITY
QUALITATIVE ANALYSIS
The financial assets of lending and sharia financing are the assets with the biggest exposure and are subject to credit risk and market risk.
Related to credit risk, the provision for such exposure has been calculated according to the applicable regulations. Meanwhile for market
risk, the Bank has established a risk measurement method and monitors interest rate risk in the Banking Book which is reported regularly at
ALCO committee meetings.
2023 ANNUAL REPORT PT BANK BTPN Tbk 157
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Risk Management
Main difference between exposures according to carrying values under
scope of regulatory consolidation (LI2)
(in million rupiah)
Items according to:
Total Counterparty
Credit Risk Securitization Market Risk
Credit Risk
Framework Framework Framework
Framework
Asset carrying value amount under scope of regulatory 201,448,392 152,001,271 - 1,133,149 194,060,141
consolidation (as per template LI1)
Liabilities carrying value amount under regulatory scope of 201,448,392 - - 1,072,104 160,458,333
consolidation (as per template LI1)
Total net amount under regulatory scope of consolidation - 152,001,271 - 61,045 33,601,808
Off-balance sheet amounts 121,956,264 121,956,264 - - -
Differences in valuations - - - - -
Differences due to different netting rules, other than those - - - - -
already included in row 2
Differences due to consideration of provisions - - - - -
Differences due to prudential filters - - - - -
Exposure amounts considered for regulatory purposes - - - - -
Standard Format Capital Disclosures Basel III (CC1)
31 December 2023
(in million rupiah)
No Component Bank Consolidated
Common Equity Tier 1 capital: instruments and reserves
1 Directly issued qualifying common share (and equivalent for non-joint stock companies) 11,076,002 11,070,525
capital plus related stock surplus
2 Retained earnings 21,501,133 26,440,319
3 Accumulated other comprehensive income (and other reserves) 985,957 989,726
4 Directly issued capital subject to phase out from CET1 (only applicable to non-joint N/A N/A
stock companies)
5 Common share capital issued by subsidiaries and held by third parties (amount allowed - -
in group CET1)
6 Common Equity Tier 1 capital before regulatory adjustments 33,563,092 38,500,570
Common Equity Tier 1 capital: regulatory adjustments
7 Prudential valuation adjustments - -
8 Goodwill (net of related tax liability) - (61,116)
9 Other intangibles other than mortgage-servicing rights (net of related tax liability) (817,524) (1,028,268)
10 Deferred tax assets that rely on future profitability excluding those arising from N/A N/A
temporary differences (net of related tax liability)
11 Cash-flow hedge reserve N/A N/A
12 Shortfall of provisions to expected losses N/A N/A
13 Securitization gain on sale (as set out in paragraph 562 of Basel II framework) - -
14 Gains and losses due to changes in own credit risk on fair valued liabilities - -
15 Defined-benefit pension fund net assets N/A N/A
16 Investments in own shares (if not already netted off paid-in capital on reported balance N/A N/A
sheet)
17 Reciprocal cross-holdings in common equity - -
18 Investments in the capital of Banking, financial and insurance entities that are outside N/A N/A
the scope of regulatory consolidation, net of eligible short positions, where the
Bank does not own more than 10% of the issued share capital (amount above 10%
threshold)
158 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Risk Management
(in million rupiah)
No Component Bank Consolidated
19 Significant investments in the common stock of Banking, financial and insurance N/A N/A
entities that are outside the scope of regulatory consolidation, net of eligible short
positions (amount above 10% threshold)
20 Mortgage servicing rights (amount above 10% threshold) - -
21 Deferred tax assets arising from temporary differences (amount above 10% threshold, N/A N/A
net of related tax liability)
22 Amount exceeding the 15% threshold N/A N/A
23 of which: significant investments in the common stock of financials N/A N/A
24 of which: mortgage servicing rights N/A N/A
25 of which: deferred tax assets arising from temporary differences N/A N/A
26 National specific regulatory adjustments (1,729,598) (797,293)
26.a Difference between PPA and allowance - -
26.b PPA from non-productive assets (2,077) (2,077)
26.c Deferred tax assets (441,560) (715,152)
26.d Investments (1,285,961) (80,064)
26.e Capital shortfall in insurance subsidiary - -
26.f Securitization exposure - -
26.g Others - -
27 Regulatory adjustments applied to Common Equity Tier 1 due to insufficient Additional - -
Tier 1 and Tier 2 to cover deductions
28 Total regulatory adjustments to Common equity Tier 1 (2,547,122) (1,886,677)
29 Common Equity Tier 1 capital (CET1) 31,015,970 36,613,893
Additional Tier 1 capital: instruments
30 Directly issued qualifying Additional Tier 1 instruments plus related stock surplus - -
31 of which: classified as equity under applicable accounting standards - -
32 of which: classified as liabilities under applicable accounting standards - -
33 Directly issued capital instruments subject to phase out from Additional Tier 1 N/A N/A
34 Additional Tier 1 instruments (and CET1 instruments not included in row 5) issued by - -
subsidiaries and held by third parties (amount allowed in group AT1)
35 of which: instruments issued by subsidiaries subject to phase out N/A N/A
36 Additional Tier 1 capital before regulatory adjustments - -
Additional Tier 1 capital: regulatory adjustments
37 Investments in own Additional Tier 1 instruments N/A N/A
38 Reciprocal cross-holdings in Additional Tier 1 instruments - -
39 Investments in the capital of Banking, financial and insurance entities that are outside N/A N/A
the scope of regulatory consolidation, net of eligible short positions, where the Bank
does not own more than 10% of the issued common share capital of the entity (amount
above 10% threshold)
40 Significant investments in the capital of Banking, financial and insurance entities that N/A N/A
are outside the scope of regulatory consolidation (net of eligible short positions)
41 National specific regulatory adjustments - -
41.a Investments in AT1 instruments in other banks - -
42 Regulatory adjustments applied to Additional Tier 1 due to insufficient Tier 2 to cover - -
deductions
43 Total regulatory adjustments to Additional Tier 1 capital - -
44 Amount of AT 1 after deduction factor - -
45 Tier 1 capital (T1 = CET1 + AT1) 31,015,970 36,613,893
2023 ANNUAL REPORT PT BANK BTPN Tbk 159
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Risk Management
(in million rupiah)
No Component Bank Consolidated
Tier 2 capital: instruments and provisions
46 Directly issued qualifying Tier 2 instruments plus related stock surplus - -
47 Directly issued capital instruments subject to phase out from Tier 2 N/A N/A
48 Tier 2 instruments (and CET1 and AT1 instruments not included in rows 5 or 34) issued 2,976,753 2,976,753
by subsidiaries and held by third parties (amount allowed in group Tier 2)
49 of which: instruments issued by subsidiaries subject to phase out N/A N/A
50 Provisions 1,459,691 1,566,734
51 Total Supplementary Capital (Tier 2) before deduction factor 4,436,444 4,543,487
Tier 2 capital: regulatory adjustments
52 Investments in own Tier 2 instruments N/A N/A
53 Reciprocal cross-holdings in Tier 2 instruments - -
54 Investments in the capital of Banking, financial and insurance entities that are outside N/A N/A
the scope of regulatory consolidation, net of eligible short positions, where the Bank
does not own more than 10% of the issued common share capital of the entity (amount
above the 10% threshold)
55 Significant investments in the capital Banking, financial and insurance entities that are N/A N/A
outside the scope of regulatory consolidation (net of eligible short positions)
56 National specific regulatory adjustments - -
56.a Sinking fund - -
56.b Investments in Tier 2 instruments in other banks - -
57 Total regulatory adjustments to Tier 2 capital - -
58 Tier 2 capital (T2) 4,436,444 4,543,487
59 Total capital (TC = T1 + T2) 35,452,414 41,157,380
60 Total risk weighted assets 128,810,828 137,651,897
Capital ratios and buffers
61 Common Equity Tier 1 (as a percentage of risk weighted assets) 24,08% 26,60%
62 Tier 1 (as a percentage of risk weighted assets) 24,08% 26,60%
63 Total capital (as a percentage of risk weighted assets) 27,52% 29,90%
64 Institution specific buffer requirement (minimum CET1 requirement plus capital 8,00% 8,00%
conservation buffer plus countercyclical buffer requirements plus G-SIB buffer
requirement, expressed as a percentage of risk weighted assets)
65 of which: capital conservation buffer requirement 2,50% 2,50%
66 of which: Bank specific countercyclical buffer requirement 0,00% 0,00%
67 of which: G-SIB buffer requirement 1,00% 1,00%
68 Common Equity Tier 1 available to meet buffers (as a percentage of risk weighted 18,08% 20,60%
assets)
National minima (if different from Basel 3)
69 National Common Equity Tier 1 minimum ratio (if different from Basel 3 minimum) N/A N/A
70 National Tier 1 minimum ratio (if different from Basel 3 minimum) N/A N/A
71 National total capital minimum ratio (if different from Basel 3 minimum) N/A N/A
Amounts below the thresholds for deduction (before risk weighting)
72 Non-significant investments in the capital of other financials N/A N/A
73 Significant investments in the common stock of financials N/A N/A
74 Mortgage servicing rights (net of related tax liability) N/A N/A
75 Deferred tax assets arising from temporary differences (net of related tax liability) N/A N/A
160 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Risk Management
(in million rupiah)
No Component Bank Consolidated
Applicable caps on the inclusion of provisions in Tier 2
76 Provisions eligible for inclusion in Tier 2 in respect of exposures subject to standardised N/A N/A
approach (prior to application of cap)
77 Cap on inclusion of provisions in Tier 2 under standardised approach N/A N/A
78 Provisions eligible for inclusion in Tier 2 in respect of exposures subject to internal N/A N/A
ratings-based approach (prior to application of cap)
79 Cap for inclusion of provisions in Tier 2 under internal ratings-based approach N/A N/A
Capital instruments subject to phase-out arrangements (only applicable between 1 Jan 2018 and 1 Jan 2022)
80 Current cap on CET1 instruments subject to phase out arrangements N/A N/A
81 Amount excluded from CET1 due to cap (excess over cap after redemptions and N/A N/A
maturities)
82 Current cap on AT1 instruments subject to phase out arrangements N/A N/A
83 Amount excluded from AT1 due to cap (excess over cap after redemptions and N/A N/A
maturities)
84 Current cap on T2 instruments subject to phase out arrangements N/A N/A
85 Amount excluded from T2 due to cap (excess over cap after redemptions and N/A N/A
maturities)
Capital Reconciliation (CC2)
(in million rupiah)
Consolidated
No Balance Sheet Balance Sheet with
POS POS Prudential Principle
31 December 2023 31 December 2023
ASSET
1. Cash 931,530 1,428,683
2. Placements with Bank Indonesia 17,236,809 18,000,252
3. Placements with other banks 958,732 1,200,387
4. Spot and derivative / forward receivables 1,133,149 1,133,149
5. Securities 8,547,321 17,038,501
6. Securities sold under repurchase agreements (repo) - -
7. Claims from securities purchased under resale agreements (reverse repo) - -
8. Acceptance receivables 3,289,757 3,289,757
9. Loans 145,173,436 145,173,436
10. Sharia financing/receivables - 11,387,861
11. Equity Investments 1,308,484 102,586
12. Other financial asset 1,121,451 1,361,853
13. Impairment on financial assets -/- (3,413,725) (4,627,641)
a. Securities (799) (799)
b. Loans and Sharia financing (3,404,131) (4,618,047)
c. Others (8,795) (8,795)
2023 ANNUAL REPORT PT BANK BTPN Tbk 161
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Risk Management
(in million rupiah)
Consolidated
No Balance Sheet Balance Sheet with
POS POS Prudential Principle
31 December 2023 31 December 2023
14. Intangible assets 3,096,432 3,541,155
Accumulated amortization of intangible assets -/- (2,278,908) (2,451,771)
15. Fixed assets and equipment 3,958,107 5,040,250
Accumulated depreciation on fixed assets and equipment -/- (2,286,537) (2,992,438)
16. Non-productive assets 79,120 79,120
a. Abandoned properties 21,099 21,099
b. Foreclosed assets 58,021 58,021
c. Suspense accounts - -
d. Interbranch assets - -
17. Other assets 2,386,178 2,743,252
TOTAL ASSET 181,241,336 201,448,392
LIABILITY AND EQUITY
LIABILITY
1. Demand deposits 26,604,674 26,628,683
2. Saving deposits 14,470,875 17,558,817
3. Time deposits 54,980,210 64,011,076
4. Electronic money - -
5. Liabilities to Bank Indonesia - -
6. Liabilities to other banks 10,818,444 10,814,638
7. Spot and derivative / forward liabilities 1,072,104 1,072,104
8. Securities sold under repurchase agreements (repo) - -
9. Acceptance liabilities 2,323,633 2,323,633
10. Securities issued 200,569 200,569
11. Borrowings 34,283,897 34,283,897
12. Margin deposits - -
13. Interbranch liabilities - -
14. Other liabilities 2,756,110 3,271,871
15. Minority Interest - 2,616,678
TOTAL LIABILITY 147,510,516 162,781,966
162 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Risk Management
(in million rupiah)
Consolidated
No Balance Sheet Balance Sheet with
POS POS Prudential Principle
31 December 2023 31 December 2023
EQUITY
16. Issued and fully paid-in capital 161,136 161,136
a. Authorized capital 300,000 300,000
b. Unpaid capital -/- (137,018) (137,018)
c. Treasury stock -/- (1,846) (1,846)
17. Additional paid-in capital 11,175,667 11,145,923
a. Agio 10,914,866 10,909,389
b. Disagio -/- - -
c. Fund for paid up capital - -
d. Others 260,801 236,534
18. Other comprehensive income 860,288 886,452
a. Profit 953,361 979,525
b. Loss -/- (93,073) (93,073)
19. Reserves 32,596 32,596
a. General reserves 32,596 32,596
b. Appropriate reserves - -
20. Profit/loss 21,501,133 26,440,319
a. Previous years 20,019,562 24,701,125
b. Current year 2,100,711 2,358,334
c. Payable dividend -/- (619,140) (619,140)
Total Equity Attributable to the Owners of Parents 33,730,820 38,666,426
TOTAL EQUITY 33,730,820 38,666,426
TOTAL LIABILITY AND EQUITY 181,241,336 201,448,392
2023 ANNUAL REPORT PT BANK BTPN Tbk 163
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Risk Management
Disclosure of Capital Instruments Features (CCA)
31 December 2023
Bank
No Questions
Capital Subordinated Loan
1 Publisher PT Bank BTPN, Tbk. SMBC
2 Idenification Number ISIN : 101000118508 N/A
3 Law Indonesian Law Indonesian Law
3a Instruments that reliable having liability to held on section 13
from TLAC term sheet achieved
Instruments treatment based on CAR
4 During the period N/A N/A
5 After the period CET1 T2
6 Is it eligible to Individual/Consolidation or Consolidation and Individual Individual
Individual
7 Type of Instrument Common Stock Subordinated Loan
8 Amount recognized in CAR calculation 11,076,002 2,976,753
9 Par value from the instrument 162,982 -
10 Classification based on Financial Accounting Standards Equity Liabilitas – Amortised Cost
11 Published date - 26 Sep 2018 and renewed on 27 Sep 2021 (USD
100 million), & 23 Nov 2018 and renewed on 22
Nov 2021 (USD 100 million)
12 without maturity date (perpertual) or with maturity date Perpetual With Maturity Date
13 Maturity date - 26 Sep 2028 & 21 Nov 2028
14 Call Option execution from the approval of Otoritas Jasa No No
Keuangan
15 Call option date, disbursed amount and other call option - N/A
requirements (if any)
16 Subsequent call option Coupon/dividend - N/A
17 Dividend/Coupon with Fixed Interest or floating - N/A
18 The level of the coupon rate or other index be the reference - N/A
19 Whether or not the dividend stopper - N/A
20 Fully discretionary; partial or mandatory - N/A
21 Is there a step-up feature or other incentives - N/A
22 Non cumulative or cumulative. - N/A
23 Convertible or non-convertible Non Convertible In the Subordinated Loan, there is an option to do
a Conversion / Write Down, which will be proposed
to the Creditors through an Action Plan when the
trigger event occurs and will be submitted to the
OJK
24 If converted, specify a trigger point. - The CET1 ratio is lower or equal to 5.125% of RWA
25 If converted, whole or in part - N/A
26 If converted, how the conversion rate - N/A
27 If converted, whether mandatory or optional - N/A
28 If converted, specify the type of instrument conversion - N/A
29 If converted, specify the issuer of the instrument converts - N/A
it into
30 Write-down Features No In the Subordinated Loan, there is an option to do
a Conversion / Write Down, which will be proposed
to the Creditors through an Action Plan when the
trigger event occurs and will be submitted to the
OJK
31 If the write- down, specify trigger its - The CET1 ratio is lower or equal to 5.125% of RWA
32 If the write-down, full or partial - N/A
33 If the write-down, permanent or temporary - N/A
34 If the temporary write- down, explain mechanisme write- up - N/A
35 Hierarchy of instruments at the time of liquidation - After the debt being paid to the creditor
36 Whether the transition to features that are non - compliant No N/A
37 If yes , explain the features of non -complaint - N/A
164 2023 ANNUAL REPORT PT BANK BTPN Tbk
Page 167
Risk Management
Consolidate
Capital Subordinated Loan
PT Bank BTPN, Tbk. SMBC
ISIN : 101000118508 N/A
Indonesian Law Indonesian Law
N/A N/A
CET1 T2
Individual Individual
Common Stock Subordinated Loan
11,070,525 2,976,753
162,982 -
Equity Liabilitas – Amortised Cost
- 26 Sep 2018 and renewed on 27 Sep 2021 (USD
100 million), & 23 Nov 2018 and renewed on 22
Nov 2021 (USD 100 million)
Perpetual With Maturity Date
- 26 Sep 2028 & 21 Nov 2028
No No
- N/A
- N/A
- N/A
- N/A
- N/A
- N/A
- N/A
- N/A
Non Convertible In the Subordinated Loan, there is an option to do
a Conversion / Write Down, which will be proposed
to the Creditors through an Action Plan when the
trigger event occurs and will be submitted to the
OJK
- The CET1 ratio is lower or equal to 5.125% of RWA
- N/A
- N/A
- N/A
- N/A
- N/A
No In the Subordinated Loan, there is an option to do
a Conversion / Write Down, which will be proposed
to the Creditors through an Action Plan when the
trigger event occurs and will be submitted to the
OJK
- The CET1 ratio is lower or equal to 5.125% of RWA
- N/A
- N/A
- N/A
- After the debt being paid to the creditor
No N/A
- N/A
2023 ANNUAL REPORT PT BANK BTPN Tbk 165
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Risk Management
Quarterly Calculation of Capital Adequacy Report (CAR) of Conventional Commercial Banks
(in million Rupiah)
31 December 2023 31 December 2022
Accounts Audited Audited
Individual Consolidated Individual Consolidated
I Core Capital (Tier 1) 31,015,970 36,613,893 29,178,186 34,966,039
1 Common Equity Tier 1 (CET 1) 31,015,970 36,613,893 29,178,186 34,966,039
1.1 Paid in capital (less Treasury stock) 161,136 161,136 161,133 161,133
1.2 Disclosed reserves 33,399,879 38,337,357 31,532,432 36,507,624
1.2.1 Disclosed reserves 33,401,956 38,339,434 31,837,340 36,515,523
1.2.1.1 Other comprehensive income 953,361 957,130 870,786 874,453
1.2.1.1.1 Excess differences arising - - - -
from translation of financial
statement
1.2.1.1.2 Potential gain of the increase in 2,804 2,906 - -
the fair value of financial assets
available for sale
1.2.1.1.3 Fixed asset revaluation 950,557 954,224 870,786 874,453
1.2.1.2 Other disclosed reserves 32,448,595 37,382,304 30,966,554 35,641,070
1.2.1.2.1 Agio 10,914,866 10,909,389 10,914,396 10,907,349
1.2.1.2.2 General reserves 32,596 32,596 32,596 32,596
1.2.1.2.3 Previous years profit 19,400,422 24,081,985 17,836,586 21,605,424
1.2.1.2.4 Current year profit 2,100,711 2,358,334 2,182,976 3,095,701
1.2.1.2.5 Capital paid in advance - - - -
1.2.1.2.6 Others - - - -
1.2.2 Deduction Factor (2,077) (2,077) (304,908) (7,899)
1.2.2.1 Deduction Factor - - (7,750) (7,705)
1.2.2.1.1 Excess differences less - - - -
from translation of financial
statement
1.2.2.1.2 Potential losses from the - - (7,750) (7,705)
decrease in the fair value of
financial assets available for
sale
1.2.2.2 Other disclosed reserve (2,077) (2,077) (297,158) (194)
1.2.2.2.1 Disagio - - - -
1.2.2.2.2 Previous years loss - - - -
1.2.2.2.3 Current year loss - - - -
1.2.2.2.4 Differences between required - - (296,964) -
provision and allowance for
impairment losses of earning
assets
1.2.2.2.5 Negative differences on - - - -
adjustment of fair value on
financial instrument in the
Trading Book
1.2.2.2.6 Required provision on non- (2,077) (2,077) (194) (194)
productive assets
1.2.2.2.7 Others - - - -
1.3 Non-Controlling Interests that can be calculated - - - -
1.4 Deduction factor to common equity tier 1 (CET 1) (2,545,045) (1,884,600) (2,515,379) (1,702,718)
1.4.1 Deferred tax calculation (441,560) (715,152) (384,408) (545,029)
166 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Risk Management
(in million Rupiah)
31 December 2023 31 December 2022
Accounts Audited Audited
Individual Consolidated Individual Consolidated
1.4.2 Goodwill - (61,116) - (61,116)
1.4.3 Other intangible assets (817,524) (1,028,268) (845,010) (1,015,622)
1.4.4 Investment that can be calculated as deduction (1,285,961) (80,064) (1,285,961) (80,951)
factor
1.4.5 Shortage of capital on insurance subsidiary - - - -
company
1.4.6 Securitization exposures - - - -
1.4.7 Other deduction factor to common equity tier 1 - - - -
1.4.7.1 Placement of funds in instruments AT 1 - - - -
and / or Tier 2 other banks
1.4.7.2 Cross-ownership in another entity - - - -
acquired by the transition because of the
law, grants, or grants will
1.4.7.3 Exposure that causing Credit Risk due - - - -
to settlement risk - Non Delivery Versus
Payment
1.4.7.4 Exposure in child company which held - - - -
sharia principle
2 Additional Tier 1 (AT 1) - - - -
2.1 The instrument meets the requirements of AT 1 - - - -
2.2 Agio/Disagio - - - -
2.3 Deduction Factors : Investment in AT1 and/or Tier 2 - - - -
instruments with other Bank
2.3.1 Placement of funds in instruments AT 1 and/or Tier - - - -
2 other banks
2.3.2 Cross-ownership in another entity acquired by the - - - -
transition because of the law, grants, or grants will
II Supplementary Capital (Tier 2) 4,436,444 4,543,487 4,527,153 4,626,967
1 Capital instrument in form of shares or others which are qualified 2,976,753 2,976,753 3,113,500 3,113,500
Tier 2 requirements
1.1 Preferred Stock (perpetual cumulative, non perpetual), after - - - -
buy back deduction
1.2 Subordinated bonds (perpetual cumulative, non perpetual), - - - -
after buy back deduction
1.3 Subordinated loan (perpetual cumulative, non perpetual), 3,079,400 3,079,400 3,113,500 3,113,500
after buy back deduction
1.4 Mandatory convertible bond - - - -
1.5 Tier 2 published by bank and non bank which acquired by - - - -
other party (consolidated)
1.6 Amortization based on remaining maturity 102,647 102,647 - -
2 Agio/Disagio - - - -
3 General required provision of earning assets (maximum 1.25% of 1,459,691 1,566,734 1,413,653 1,513,467
RWA)
4 Deduction factor to supplementary capital - - - -
4.1 Sinking Fund - - - -
4.2 Placement of funds in instruments AT 1 and / or Tier 2 other - - - -
banks
4.3 Cross-ownership in another entity acquired by the transition - - - -
because of the law, grants, or grants will
TOTAL CAPITAL 35,452,414 41,157,380 33,705,339 39,593,006
2023 ANNUAL REPORT PT BANK BTPN Tbk 167
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Risk Management
31 December 2023 31 December 2022
Audited Audited
Individual Consolidated Individual Consolidated
Risk Weighted Asset (RWA)
RWA Credit Risk 116,728,894 125,294,554 113,060,445 121,057,375
RWA Market Risk 1,856,501 1,856,501 717,272 717,272
RWA Operational Risk 10,225,433 10,500,842 16,171,334 23,316,768
Total RWA 128,810,828 137,651,897 129,949,051 145,091,415
CAR Ratio Based on Risk Profile (%) 9.21% 9.21% 9.23% 9.23%
CAR Allocation Based On Risk Profile
From CET 1 (%) 6.00% 6.00% 6.00% 6.04%
From AT 1 (%) 0.00% 0.00% 0.00% 0.00%
From Tier 2 (%) 3.21% 3.21% 3.23% 3.19%
CAR Ratio
CET1 Ratio (%) 24.08% 26.60% 22.45% 24.10%
Tier 1 Ratio (%) 24.08% 26.60% 22.45% 24.10%
Tier 2 Ratio (%) 3.44% 3.30% 3.48% 3.19%
CAR Ratio (%) 27.52% 29.90% 25.94% 27.29%
CET 1 for Buffer (%) 18.08% 20.60% 16.45% 18.06%
Buffer Percentage Should Be Fulfilled by Bank (%)
Capital Conservation Buffer (%) 2.50% 2.50% 2.50% 2.50%
Countercyclical Buffer (%) 0.00% 0.00% 0.00% 0.00%
Capital Surcharge For Systemic Bank (%) 1.00% 1.00% 1.00% 1.00%
Report of Total Exposure in Leverage Ratio
(in million rupiah)
Jumlah
No. Description
Individual Consolidated
1 Total assets in published financial statements. (gross amont before deduction of Impairement) 184.655.061 206.076.033
Adjustment:
2 Adjustment for investment in banking, financial institution, insurance company and / other - -
entities that are consolidated for accounting purposes but outside the scope of stipulated
Finacial Service Authority
3 Adjustment for collecting amount of financial asset or syariah asset as the underlying - -
which have been divert into the asset securitization to meet the qualification for sale of
without recourse of prudendce during the asset securitization for commercial banks.
In the event that the financial assets or the underlying Sharia have been deducted from the
total assets on the balance sheet, the number in this row is 0 (zero).
4 Adjustment for temporary exception in regards with the placement in Bank Indonesia to
meet the minimum reserve requirements stipulations (if any)
5 Adjustment for fiduciay asset that recognized as the balance sheet component based on
the financial accounting standard however not included in Leverage Ratio calculation
6 Adjustment for regular-way purchases and sales of financial assets subject to trade date - -
7 Adjustment for eligible cash pooling transactions that fulfill the requirement as stipulated in - -
Financial Service Authority regulation.
8 Adjustment for exposure amount of derivative transaction 2.382.128 2.382.128
9 Adjustment for exposure amount of Securities Financing Transaction (SFT) exposure for an - -
example Reverse Repo transactions
10 Adjustment for exposure amount of Off Balance Transaction converts with Credit 20.500.903 20.500.903
Conversions Factor
11 Prudent valuation adjustments as the deduction of capital and impairment (5.539.733) (5.819.611)
12 Other Adjustments - -
13 Total Exposure in Leverage Ratio Calculation 201.998.359 223.139.453
(Sum row 1 + row 2 until row 12)
168 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Risk Management
The Report of Calculation Leverage Ratio
(in million rupiah)
Individual Consolidated
No Description
T T-1 T T-1
Asset Exposure in Financial Statement
1 Asset Exposure in the Financial Statement including the guarantee, but 183.521.912 176.662.173 204.942.884 198.355.474
not including the exposure of Derivative Transaction and exposure of
SFT (Gross amount before deduction of Impairment)
2 Revaluation for derivative collateral which given to other party which - - - -
impacted decrement of total exposure in Balance Sheet because due
to implementation of Financial Accounting Standard
3 (Deduction of receivables related with cash variation margin which - - - -
provided in derivatives transactions)
4 (Adjustment for securities received under exposure of securities - - - -
financing transactions that are recognised as an asset)
5 Impairement of the certain assets in accordance with Financial (3.413.725) (3.124.889) (4.627.641) (4.073.173)
Accounting Standard
6 (Asset that has been calculated as a deduction factor of Core Capital (2.126.008) (2.116.993) (1.191.970) (1.177.764)
as stated on Financial Service Authority regulation regarding the
obligation of minimum capital reserve for commercial bank)
7 Total asset Exposure in Financial Statement 177.982.179 171.420.291 199.123.273 193.104.537
Sum of rows 1 to 6
Derivative Transaction Exposure
8 Replacement cost asscociated with all derivatives transaction in where 1.584.073 2.181.719 1.584.073 2.181.719
has a vatiation margin that applicable or has an agreement for netting
in fulfill the certain condition.
9 Add-on amounts for PFE associated with all derivatives transactions 1.931.204 1.629.109 1.931.204 1.629.109
10 (Exempted of exposure of Derivative transaction which settled throught - - - -
central counterparty (CCP) )
11 Adjustment of effective notional amount from credit derivatives - - - -
12 (Adjustment for notional amount tha effectively done with netting and - - - -
deduction of add-on for selling of derivative credit transaction)
13 Total Derivatives Exposures 3.515.277 3.810.828 3.515.277 3.810.828
Sum of rows 8 to 12
Securities Financing Transaction (SFT) Exposure
14 Gross SFT assets - - - -
15 (Nett amounts of cash payables and cash receivables) - - - -
16 Credit Risk due to failure from the other party related with SFT Asset - - - -
which refer to calculation of current exposure in accordance with the
attachment of this Financial Service Authority regulation.
17 Exposure as an SFT agent - - - -
18 Total SFT Exposure - - - -
Sum of rows 14 to 17
Other Off-Balance Sheet Transactions Exposure
19 All of Commitment amount or Contigency amount, Gross amount 121.956.264 125.513.631 121.956.264 125.519.879
before Impairment deduction
(Adjustment with the result of multipliation amount between
Commitment and Contigency and CCF then deducted with Impairment)
20 (Impairment from the Off Balance Sheet Transaction in accordance with (101.400.334) (103.384.258) (101.400.334) (103.389.882)
Financial Accounting Standard)
21 (provision for TRA in accordance with financial accounting standards) (55.027) (58.417) (55.027) (58.417)
22 Total Other Off-Balance Sheet Transactions Exposures 20.500.903 22.070.956 20.500.903 22.071.580
Sum of rows 19 to 21
Capital and Total Exposure
23 Core Capital 31.015.970 30.582.124 36.613.893 36.474.300
24 Total Exposure (7+ 13+ 18 +22) 201.998.359 197.302.075 223.139.453 218.986.945
Rasio Pengungkit
25 Leverage Ratio includes the effect from adjustment of temporarily 15,35% 15,50% 16,41% 16,66%
exception from placement in Bank Indonesia in regards with the
fulfillment of Minimum Reserve Requirements (if any)
25a Leverage Ratio not includes the effect from adjustment of temporarily 15,35% 15,50% 16,41% 16,66%
exception from placement in Bank Indonesia to meet Minimum Reserve
Requirements provisions (if there is)
26 Minimum value of Leverage Ratio 3% 3% 3% 3%
27 Bearing to Leverage Ratio value N/A N/A N/A N/A
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Risk Management
(in million rupiah)
Individual Consolidated
No Description
T T-1 T T-1
AVERAGE VALUE DISCLOSURE
28 Average value of gross SFT assets, after adjustment for sale
accounting transactions and netted of amounts of associated cash
payables and cash
29 Quarter-end value of gross SFT assets, after adjustment for sale
accounting transactions and netted of amounts of associated cash
payables and cash receivables
30 Total exposures (including the impact of any applicable temporary
exemption of central bank reserves) average values from row 28 of
gross SFT assets (after adjustment for sale accounting transactions
and netted of amounts of associated cash payables and cash
receivables)
30a Total exposures (excluding the impact of any applicable temporary
exemption of central bank reserves) average values from row 28 of
gross SFT assets (after adjustment for sale accounting transactions
and netted of amounts of associated cash payables and cash
receivables)
31 Leverage ratio (including the impact of any applicable temporary
exemption of central bank reserves) average values from row 28 of
gross SFT assets (after adjustment for sale accounting transactions
and netted of amounts of associated cash payables and cash
receivables)
31a Leverage ratio (excluding the impact of any applicable temporary
exemption of central bank reserves) average values from row 28 of
gross SFT assets (after adjustment for sale accounting transactions
and netted of amounts of associated cash payables and cash
receivables)
In general, components of capital are dominated by The Bank’s total capital as of 31 December 2023
permanent capital. The core capital is the largest reached Rp41.2 Trillion, an increase compared to
element of the Bank’s capital. In December 2023, Rp39.6 trillion at the end of the year 2022. This
the core capital to RWA ratio position was at 26.6% increment is mainly contributed by the the increase in
(consolidated). This ratio was far above the minimum retained earnings.
CAR provision of the Financial Services Authority. The
Bank also continuously strived to maintain CAR at a Capital Adequacy
sound level. BTPN utilizes the capital ratio standards to monitor
capital adequacy in accordance with industry standards.
The Bank’s consolidated capital structure was OJK’s approach to measuring this capital is mainly
dominated by the core capital (89.0%) of Bank BTPN’s based on the monitoring of capital needs required to
total capital. This capital position consisted of the paid- available capital, and the Bank continuously applies the
up capital and additional capital reserves, including agio Internal Capital Adequacy Assessment Process (ICAAP)
and retained profit. in accordance with applicable regulations.
Capital sources are expected to be utilized by the Bank This is correlated with the establishment of capital
in order to actualize its capital planning or meet the adequacy in line with the Bank’s risk profile provisions.
Bank’s capital requirements from Retained Earnings and This process is performed to improve the Bank’s
additional capital from the shareholders, either through effectiveness in implementing risk management.
rights issues or public offerings. Accumulated Retained
Earnings depend on the amount of dividend paid out by The Bank utilizes the Standardized Approach to
the Bank to the shareholders based on the resolutions managing capital on credit risks. RWA calculation, in
of the General Meeting of Shareholders. In determining general, is conducted by referring to the risk weight in
the dividend distribution, the Bank always considers line with OJK provisions and the rating result issued by
the adequacy of the capital from the KPPM compliance rating agencies determined by regulators.
aspect as well as from the BMPK compliance aspect
in line with future credit growth plans. The Bank’s
capital was projected to increase in line with profit
accumulation.
170 2023 ANNUAL REPORT PT BANK BTPN Tbk
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The Bank calculates the capital adequacy for The Bank’s capital ratio is considered in an excellent
operational risks using the Standardized Approach (SA). position, namely above the requirement set forth by the
Based on this method, the Bank allocates minimum Financial Services Authority. The trend in capital growth
capital for operational risks based on the multiplication based on the Bank’s Business Plan (RBB) also indicates
between Business Indicator Components (KIB) and the capability to support the Bank’s future business
Internal Loss Multiplier Factors (FPKI). expansion.
In managing market risks, the Bank utilizes the standard Likewise, if it is associated with the incentives for
method to calculate RWA for Market Risk. The Bank’s Minimum Statutory Reserves (GWM) requirements for
Management retains a good understanding of capital Macroprudential Intermediation Ratio (RIM), the Bank’s
management. The Bank views capital planning as an KPPM rating has complied with the minimum provision
important element to manifest the Bank’s strategic required by OJK, namely 8.0%-14.0%. According to the
objectives by analyzing the Bank’s capital adequacy self-assessment results on the Bank’s risk profile, CAR
for the present and for the future through the strategic position based on risk profile as of December 2022 was
planning process. 9.2%.
This shows that by maintaining the performance of
the Bank and its parent entity through continuous DISCLOSURE OF RISK EXPOSURE
supervision of the quality of risk management, period
audits by the Internal Audit Work Unit, adequate A. Credit Risk
policies on dividend distribution, as well as on the Credit risk in BTPN is the prudential principle in
management’s commitment to the Bank’s strategies order to prevent risks from arising as a result of
and targets as contained in the Bank’s Business Plan failure of other parties in fulfilling obligations to the
(RBB). Bank, including credit risks caused by debtors’
failure, credit concentration risks, counterparty
credit risk and settlement risks.
Credit Risk Management Organization
Head of Risk Management
Portfolio Management &
Policy Head
Risk Management Policy & Portfolio Management
Credit Quality Head
Regulatory Head Monitoring Head
Credit Risk Management Strategy
The Bank implements the risk management strategy in line with the overall business strategy by considering the credit
risk appetite framework as well as by regular monitoring in line with the Bank’s Business Plan. The risk management
strategies are established to ensure that the Bank’s credit exposure is managed under control in line with credit
policies, internal procedures, laws and regulations, as well as other applicable provisions.
2023 ANNUAL REPORT PT BANK BTPN Tbk 171
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Risk Management
A structured credit risk management strategy is set The Bank is categorized as one of the systemic banks
based on the following general principles: in Indonesia. Therefore, BTPN has prepared a Recovery
1. Long-term orientation to ensure the Bank’s Plan Document, including aspects of asset quality.
business continuity by considering economic This recovery plan identifies options to restore financial
conditions/cycles. strength and viability if the Bank faces severe pressure,
2. Comprehensive control and manage risks and especially concerning asset quality, and has also
mitigation. created a resolution plan document.
The risk management strategy is set by taking into The Bank continues actively managing and supervising
consideration of the following factors: the implementation of risk management and effectively
1. Economic and business developments as well as improves policies, procedures, and the development of
the impact that may occur caused by risks faced by the risk management system.
the Bank.
2. The Bank’s organizational structure including Aside from establishing policies and procedures, the
adequate human resources and supporting Bank also establishes limits to maintain credit risk
infrastructure in conducting the Bank’s business exposure in line with the Bank’s risk appetite. These
and the Bank’s capability to manage risks. limits, among others, cover the limit for credit approval
3. The composition as well as diversification of the authority, which is adjusted to the competency of the
Bank’s portfolio. decision maker and the level of risk and ensures that
there is no conflict of interest in the process of credit
Policy on Credit Concentration Risk Management being extended to customers.
In managing credit concentration risks, the Bank closely
monitored, the industry’s sector exposure, types of Meanwhile, establishing the Legal Lending Limit is
credit as well as individual and group exposures. conducted in accordance with the provisions under OJK
Monitoring results are always assessed as part of early Regulation No.32/POJK.03/2018 and its amendment in
warning. POJK Regulation No.38/POJK.03/2019 by taking into
account current regulations.
Credit Risk Management Framework
Measurement of credit risk is conducted in portfolio The Bank manages and controls the credit risk
and transactional level. Such measurement may use a concentration wherever such risks are identified,
quantitative or qualitative method in accordance with specifically for individual and group debtors, as well as
standard provisions from Bank Indonesia, OJK, and/or industry, and the geographic sector.
adopted best practices or internal models developed by
the Bank. Measurement of credit risk, among others, is Adequacy of Risk Identification, Measurement,
carried out through two methods: risk rating and stress Monitoring, and Control Processes, and Risk
test. Management Information System
BTPN’s framework on credit risk management is
Adequacy of Policies, Procedures and Limit implemented through the integrated process consisting
Setting of risk identification, measurement, monitoring, and
Credit policies will be referred in the implementation of control/mitigation processes. The identification process,
the credit process. BTPN’s credit policies refer to OJK among others, starts from determining the industry
Regulation No.42/POJK.03/2017 concerning Obligation sector or customer segment to be financed, analysis of
for the Compilation and Implementation of Credit or the customer’s proposed credit as well as analysis of
Financing Policies for Commercial Banks. the products and activities that may potentially generate
credit risks by reviewing Credit Product Program and
The Bank periodically conduct reviews of policies assessing the risk exposure increase.
and procedures on credit, especially when there are
changes in the economic conditions, regulations, and/ Based on this identification process, the Bank measures
or business approach. This policy aims to create credit credit risks with the main indicators that show the
risk management that is in accordance with global debtors’ credit quality, such as the Non-Performing
standards as a Bank that is internationally active and Loan ratio. The Bank regularly measures bad quality
carries out credit in a reasonable and organized manner asset as well as conducts supervision on debtors
for the Bank’s credit soundness. included in the watchlist account. As part of the credit
risk measurement, stress testing is administered to
assess the Bank’s resilience in extreme conditions.
172 2023 ANNUAL REPORT PT BANK BTPN Tbk
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The credit risk measurement system must take into Definition of Non-Performing Asset
consideration of the product characteristics, tenure, Asset classification must be carried out for the
collateral aspect, potential default, and the Bank’s productive and non-productive assets. In principle, the
capability to absorb potential failures. The Bank also provisions on asset quality follows the provisions as
carries out a quantification process, among others, stated in the Financial Services Authority Regulation No.
on the asset portfolio composition, which covers the 40/POJK.03/2019 regarding Asset Quality Assessment
type, exposure feature, credit growth, expected credit in Commercial Banks.
loss provision, the level of concentration and quality of
credit, including the level of non-performing loan and Determining the credit quality for retail and SME
repossessed assets.. segment loans under 5 Billion is based on payments.
Meanwhile, for SME segment above 5 Billion,
The Bank monitors actual credit risk exposure commercial and corporate segments are based on
compared to the credit risk limit. Moreover, the Bank 3-pillar assessment factors.
also monitors the management of non-performing loans
as well as monitors the conformity between policies and Definition of Past-Due Claim
the implementation of credit risk management. Claims which are past due are all claims in arrears for
more than 90 (ninety) days, both on principal and/or
Improvement of the management information system interest payments.
is conducted continuously in order to periodically
present information on credit risks. The Management Definition of Impaired Claim
Information System covers up to the level of quite The Bank assesses financial assets/groups of financial
detailed information to detect any unfavorable assets with a diminishing value at each balance sheet
development at the earliest possible, which would date. Claims with diminishing value/impairment are
enable necessary actions to be taken on accurate determined based on the financial asset/group of
timing for improvement of declining credit quality or to financial assets with objective evidence of impairment
minimize credit loss. as a result of one or more events that occurred
following the initial recognition of the concerned asset
BTPN closely monitors the loan portfolio, which enables (adverse event). Such adverse event impacts future
the Bank to take preventive actions promptly in the cash flow estimates on the financial asset or group of
event of a credit quality deterioration. This is done by financial assets that can be accurately estimated.
early detection of problems and conducting stringent
monitoring. Approach to Establishing Reserves for
Impairment Losses
Internal Control System on Credit Risk The Bank applies PSAK 71 to estimate reserves/
The Internal Control System is carried out to manage allowance for impairment losses on financial assets.
risks that endanger to the Bank’s business continuity. This provision requires impairment loss reserves to be
For example, the implementation of procedures on acknowledged at the amount of credit loss expectancy
effective handling of non-performing loans, which is by (ECL 12 months) or credit loss lifetime of financial
separating the the credit remedial function from the assets (ECL lifetime).
credit initiation function.
ECL lifetime is the expected credit loss from all possible
The results of handling non-performing loans must be events of default over the expected life of a financial
documented so that they can be used as a material instrument. While 12 months ECL is a portion of the
reference for consideration in extending or restructuring expected credit loss from all possible events of default
loans. Credit risks can also be controlled through risk within 12 months following the date of the report.
mitigation, active management of portfolio position
and risks, and establishing the target limitation of risk Expected credit loss is the probability-weighted
concentration. estimate of credit losses (present value of all cash
shortfalls) over the expected life of a financial
instrument. Cash shortfall is the difference between
cash flow and what is expected to receive by an entity.
Considering expected credit loss is concerned with
the amount and time of payment, credit loss remains
to arise, although the entity still hopes to be paid in full
following the maturity date.
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Risk Management
Expected credit loss (ECL) is acknowledged for all The loan portfolio is divided into several asset classes,
financial debt instruments, loan commitments, and among others, loan to the government, to multilateral
financial collaterals classified as hold-to-collect or development banks and international institutions,
hold-to-collect and sell and those with SPPI cash flow. of covered bonds, loans with residential houses as
ECL is not acknowledged for financial instruments collateral, loans with commercial property as collateral,
determined as FVTPL and equity instruments loans to public sector entities, loans to banks, loans
determined as FVOCL. to employees and pensions, loans to micro-small
businesses and retail portfolios, loans to corporations
Credit exposure estimates for the purpose of risk and overdue loans, loans to securities and other
management that is complex and which requires the financial services institutions; securities/subordinated
use of a model because of the various exposure related receivables, equity and other capital instruments.
to changes in the market condition, expected cash flow
and timeline. Credit risk assessment from asset portfolio Disclosure of Credit Risk Mitigation
requires further estimation on the possibilities of default, The Bank adopts a series of policies and practices
from the related loss ratio and default correlation to mitigate credit risk. In calculating the RWA Credit
between parties. The Bank measures credit risk utilizing Risk Standard Approach, the existence of collateral,
the Probability of Default (PD), Exposure at Default guarantees, or credit insurance can be acknowledged
(EAD), Loss Given Default (LGD) and macroeconomic as credit risk mitigation techniques according to
variables for forward-looking estimates. regulatory provisions.
In accordance with PSAK 71, the Bank applies the Criteria of Acceptable Collaterals
“Three-Stage” model to reduce the value based on the The types of collateral that are acceptable are as
change in credit quality as of the initial recognition as follows:
summarized below: 1. Land and/or building
1. Financial instruments that have not suffered credit 2. Vehicle
impairment since initial recognition are classified in 3. Equipment (including machinery and heavy
“Stage 1.” equipment)
2. If the increase is significant in the credit risk 4. Cash collateral
(“SICR”) since the initial identification, the financial 5. SBLC
instrument is moved to “Stage 2” yet not regarded 6. Receivables
to have suffered credit impairment. 7. Inventory
3. If a financial instrument suffers credit impairment,
the financial instrument is then moved to “Stage Management of Collaterals by BTPN
3” and PSAK 71 does not apply to Subsidiaries of For the Bank, collaterals are the second way out to
sharia-based entities. reduce the risk of losses. The Bank only accepts
valuable and sellable collaterals at a reasonable cost,
The Standard Approach Used for Credit Risk free from all other forms of legal binding and free from
In calculating Risk-Weighted Assets (RWA) for credit disputes. Evaluation of collaterals must be conducted
risks, the Bank uses a standard approach in line with prior to approval and extension of the facility or in the
applicable regulations which refer to OJK Circular context of credit remedial.
Letter No. 24/ SEOJK.03/2021 regarding Guidelines for
Calculating Credit Risk-Weighted Assets by Use of the As long as the credit term is effective, an evaluation
Standard Approach for Commercial Banks. With this and review of the collaterals must be performed, in
approach, Credit Risk-Weighted Assets are calculated which the frequency and criteria are established in the
based on the type of portfolio category and risk weight. credit provisions. The collateral binding agreement is a
The risk weight is determined, among others, based on prerequisite for the legal transfer of collateral and must
the results of debtor or counterparty ratings released be carried out before disbursing the credit.
by rating agencies approved by the Financial Services
Authority in accordance with the Financial Services
Authority Circular Letter on rating agencies and ratings
approved by the Financial Services Authority, as well
as based on certain percentage for certain portfolio
categories.
174 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Risk Management
Policy on the Use of Rating
Credit Scoring & Grading is a model used to predict the capability of prospective debtors to meet their obligations
and analysis of debtors using historical data or references obtained from other sources. Credit Scoring & Grading
refers to the same instruments. The term scoring is used internally for micro business and lower, and the term grading
is used for SME, commercial, and corporate credit.
The creation and use of scoring models/grading are documented in each business’s SOP. The Risk Management, as
an independent unit, monitors and reviews the development and implementation of credit scoring/grading conducted
by business units.
Policy on the Use of Rating Agency
On several transactions conducted by the Bank, especially those related to securities and placements, the Bank
is then required to determine the limits by considering the rating conducted by rating agency recognized by Bank
Indonesia/OJK.
Disclosure of Credit Quality on Assets (CR1) - Bank Stand Alone
(in million rupiah)
Allowance Allowance for Impairment
Gross Carrying Value Impairment
for Losses Net Worth
(IRB
Overdue Impairment Stage 2 and (a+b-c)
Undue Bills Stage 1 Approach)
Bills Losses Stage 3
a b c d e f g
1 Credit 1,762,053 143,411,384 3,404,131 2,772,649 631,482 141,769,306
2 Securities - 8,547,320 799 96 703 8,546,521
3 Administrative - 121,956,266 52,991 23,545 29,446 121,903,275
Account Transactions
Total 1,762,053 273,914,970 3,457,921 2,796,290 661,631 272,219,102
Starting from 2023, BTPN uses a format compliant with SEOJK 24/2021. Therefore, information for the year 2022
cannot be provided due to differences in disclosure formats.
Disclosure of Credit Quality on Assets (CR1) -Consolidated Bank with Subsidiaries
(in million rupiah)
Allowance Allowance for Impairment
Gross Carrying Value Impairment
for Losses Net Worth
(IRB
Overdue Impairment Stage 2 and (a+b-c)
Undue Bills Stage 1 Approach)
Bills Losses Stage 3
a b c d e f g
1 Credit 2,096,569 154,629,619 4,618,047 2,772,649 1,845,398 152,108,141
2 Securities - 17,194,076 799 96 703 17,193,277
3 Administrative - 121,956,266 52,991 23,545 29,446 121,903,275
Account Transactions
Total 2,096,569 293,779,961 4,671,837 2,796,290 1,875,547 291,204,693
Starting from 2023, BTPN uses a format compliant with SEOJK 24/2021. Therefore, information for the year 2022
cannot be provided due to differences in disclosure formats.
2023 ANNUAL REPORT PT BANK BTPN Tbk 175
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Risk Management
Disclosure of Maturity Credit and Securities Movements (CR2) - Bank Stand Alone
(in million rupiah)
a
1 Loans and Securities Matured in the last reporting period 1,693,475
2 Loans and Securities Mature since the last reporting period 326,933
3 Loans and Securities that return to become undue bills 38,958
4 Delete book value 3,648,768
5 Other changes 3,429,371
6 Loans and Securities Maturing at the end of the reporting period (1+2-3-4+5) 1,762,053
Starting from 2023, BTPN uses a format compliant with SEOJK 24/2021. Therefore, information for the year 2022
cannot be provided due to differences in disclosure formats.
Disclosure of Maturity Credit and Securities Movements (CR2) - Consolidated Bank with Subsidiaries
(in million rupiah)
a
1 Loans and Securities Matured in the last reporting period 2,057,724
2 Loans and Securities Mature since the last reporting period 654,745
3 Loans and Securities that return to become undue bills 48,100
4 Delete book value 3,995,103
5 Other changes 3,427,303
6 Loans and Securities Maturing at the end of the reporting period (1+2-3-4+5) 2,096,569
Starting from 2023, BTPN uses a format compliant with SEOJK 24/2021. Therefore, information for the year 2022
cannot be provided due to differences in disclosure formats.
176 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Quantitative Disclosure related to MRK Techniques (CR3) - Bank Stand Alone
(in million rupiah)
Bill Guaranteed
Unbilled Bill Guaranteed Bill Guaranteed
Bill Guaranteed with Warranty,
Guaranteed with with MRK with Credit
with Collateral Guarantee and/or
MRK Technique Technique Derivatives
Credit Insurance
a b c d e
1 Credit 126,204,150 14,981,181 14,974,194 6,987
2 Securities 8,546,521 - - -
3 Total 134,750,671 14,981,181 14,974,194 6,987
4 Credits and Overdue 579,524 4,451 4,451 -
Securities
Starting from 2023, BTPN uses a format compliant with SEOJK 24/2021. Therefore, information for the year 2022
cannot be provided due to differences in disclosure formats.
Quantitative Disclosure related to MRK Techniques (CR3) - Consolidated Bank with Subsidiaries
(in million rupiah)
Bill Guaranteed
Unbilled Bill Guaranteed Bill Guaranteed
Bill Guaranteed with Warranty,
Guaranteed with with MRK with Credit
with Collateral Guarantee and/or
MRK Technique Technique Derivatives
Credit Insurance
a b c d e
1 Credit 136,318,516 14,981,181 15,013,475 192,175
2 Securities 17,193,277 - - -
3 Total 153,511,793 14,981,181 15,013,475 192,175
4 Credits and Overdue 612,288 4,451 4,451 -
Securities
Starting from 2023, BTPN uses a format compliant with SEOJK 24/2021. Therefore, information for the year 2022
cannot be provided due to differences in disclosure formats.
2023 ANNUAL REPORT PT BANK BTPN Tbk 177
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Disclosure of Credit Risk Exposure and Impact of MRK Techniques (CR4)
Bank Stand Alone
(in million Rupiah)
Net Bill Before FKK
Net Bill After the application Risk Weighted Assets and
Implementation and
of FKK and MRK Technique Average Risk Weighting
MRK Technique
Portofolio Category Statement Account Statement Account Risk Average Risk
of Financial Transaction of Financial Transaction Weighted Weighting e/
Position Administrative Position Administrative Assets (c+d))
a b c d e f
1 Claims to Government 24,851,253 - 24,851,253 - - 0.00%
2 Claims on Public Sector Entities 13,188,428 6,901,498 13,188,428 740,885 9,634,880 69.17%
3 Claims on Multilateral - - - - - 0.00%
Development Banks and
International Institutions
4 Bills to Banks 3,981,135 74,196 3,981,135 7,420 1,434,195 35.96%
Claims on Securities 23,817,231 20,018,328 23,817,231 2,811,572 10,059,728 37.78%
Companies and Other
Financial Services Institutions 1)
5 Claims in the form of Covered - - - - - 0.00%
Bonds
6 Claims on Corporations - General 68,002,877 85,725,915 68,002,877 13,837,573 67,733,947 82.76%
Corporate Exposure 2)
Claims on Securities - - - - - 0.00%
Companies and Other
Financial Services Institutions 3)
Special Financing Exposure 4) 2,001,243 1,039,128 2,001,243 415,651 1,156,861 47.87%
7 Receivables in the form of 22,522 - 22,522 - 56,305 250.00%
Subordinated Securities/
Receivables, Equity and Other
Capital Instruments
8 Claims on Micro, Small Business 5,825,046 4,805,826 5,825,046 528,554 4,809,697 75.70%
and Retail Portfolio
9 Employee or Pensions loans 21,019,557 - 21,019,557 - 10,509,779 50.00%
10 Property Backed Loans 10,277,427 3,367,830 10,277,427 336,783 5,502,684 51.84%
Residential Property Backed 3,744,135 1,002,414 3,744,135 100,241 1,436,947 37.38%
Loans whose Payments Are
Not Materially Dependent on
Property Cash Flows
Residential Property-Backed - - - - - 0.00%
Loans whose Payments Are
Materially Dependent on
Property Cash Flows
Commercial Property Backed 6,533,292 2,365,416 6,533,292 236,542 4,065,737 60.06%
Loans whose Payments Are
Not Materially Dependent on
Property Cash Flows
Land Acquisition, Land - - - - - 0.00%
Processing and Construction
Loans
Land Acquisition, Land - - - - - 0.00%
Processing and Construction
Loans
11 Claims That Have Been Due Date 584,001 - 584,001 - 584,439 100.07%
12 Other Assets 4,626,837 - 4,626,837 - 3,724,318 80.49%
13 Total 178,197,557 121,932,721 178,197,557 18,678,438 115,206,833 58.52%
Starting from 2023, BTPN uses a format compliant with SEOJK 24/2021. Therefore, information for the year 2022
cannot be provided due to differences in disclosure formats.
178 2023 ANNUAL REPORT PT BANK BTPN Tbk
Page 181
Risk Management
Disclosure of Credit Risk Exposure and Impact of MRK Techniques (CR4)
Consolidated Bank with Subsidiaries
(in million Rupiah)
Net Bill Before FKK
Net Bill After the application Risk Weighted Assets and
Implementation and
of FKK and MRK Technique Average Risk Weighting
MRK Technique
Portofolio Category Statement Account Statement Account Risk Average Risk
of Financial Transaction of Financial Transaction Weighted Weighting e/
Position Administrative Position Administrative Assets (c+d))
a b c d e f
1 Claims to Government 33,147,215 - 33,147,215 - - 0.00%
2 Claims on Public Sector Entities 13,644,431 6,901,498 13,644,431 740,885 9,862,882 68.56%
3 Claims on Multilateral - - - - - 0.00%
Development Banks and
International Institutions
4 Bills to Banks 4,804,423 74,196 4,804,423 7,420 1,598,853 33.23%
Claims on Securities 23,817,231 20,018,328 23,817,231 2,811,572 10,059,728 37.78%
Companies and Other
Financial Services Institutions 1)
5 Claims in the form of Covered - - - - - 0.00%
Bonds
6 Claims on Corporations - General 68,102,750 85,725,915 68,102,750 13,837,573 67,814,010 82.76%
Corporate Exposure 2)
Claims on Securities 19,472 - 19,472 - - 0.00%
Companies and Other
Financial Services Institutions 3)
Special Financing Exposure 4) 2,001,243 1,039,128 2,001,243 415,651 1,156,861 47.87%
7 Receivables in the form of 22,522 - 22,522 - 56,305 250.00%
Subordinated Securities/
Receivables, Equity and Other
Capital Instruments
8 Claims on Micro, Small Business 16,091,837 4,805,826 16,091,837 528,554 12,407,936 74.65%
and Retail Portfolio
9 Employee or Pensions loans 21,019,557 - 21,019,557 - 10,509,779 50.00%
10 Property Backed Loans 10,277,427 3,367,830 10,277,427 336,783 5,502,684 51.84%
Residential Property Backed 3,744,135 1,002,414 3,744,135 100,241 1,436,947 37.38%
Loans whose Payments Are
Not Materially Dependent on
Property Cash Flows
Residential Property-Backed - - - - - 0.00%
Loans whose Payments Are
Materially Dependent on
Property Cash Flows
Commercial Property Backed 6,533,292 2,365,416 6,533,292 236,542 4,065,737 60.06%
Loans whose Payments Are
Not Materially Dependent on
Property Cash Flows
Land Acquisition, Land - - - - - 0.00%
Processing and Construction
Loans
Land Acquisition, Land - - - - - 0.00%
Processing and Construction
Loans
11 Claims That Have Been Due Date 616,765 - 616,765 - 617,203 100.07%
12 Other Assets 5,583,714 - 5,583,714 - 4,184,042 74.93%
13 Total 199,148,587 121,932,721 199,148,587 18,678,438 123,770,283 56.82%
Starting from 2023, BTPN uses a format compliant with SEOJK 24/2021. Therefore, information for the year 2022
cannot be provided due to differences in disclosure formats.
2023 ANNUAL REPORT PT BANK BTPN Tbk 179
Page 182
Risk Management
Exposure Disclosure based on Asset Class and Risk Weighting (CR5) - Bank Stand Alone
Portofolio Category 0% 20% 50%
1 Claims to Government 24,851,253 - -
Portofolio Category 20% 50%
2 Claims on Public Sector Entities - 10,991,166
Portofolio Category 0% 20% 30% 50%
3 Claims on Multilateral Development Banks and - - - -
International Institutions
Portofolio Category 20% 30% 40% 50%
4 Bills to Banks 2,615,648 - - 470,857
Claims on Securities Companies and Other 14,332,301 2,905,190 - 692,135
Financial Services Institutions1)
Portofolio Category 10% 15% 20% 25%
5 Claims in the form of Covered Bonds - - - -
Portofolio Category 20% 50% 65% 75% 80%
6 Claims on General Corporations2) 4,926,644 1,403,822 - 7,130,861 -
Claims on securities companies and other - - - -
financial services institutions3)
Special Financing Exposure4) - - - 186,947
Portofolio Category 100% 150% 250%
7 Receivables in the form of Subordinated - - 22,522
Securities/Receivables, Equity and Other
Capital Instruments
Portofolio Category 45% 75%
8 Claims on Micro, Small m Business and Retail 48,759 5,905,275
Portfolio
Portofolio Category 0% 20% 25% 30% 35% 40% 45% 50% 60%
9 Property Backed Loans - 1,195,880 - 791,759 - 391,082 - 2,362,758 3,370,816
Residential Property Backed Loans whose - 1,195,880 - 791,759 391,082 379,039
Payments Are Not Materially Dependent on
Property Cash Flows
without a credit-sharing approach5) - - - - - -
using the credit distribution approach 1,195,880
(guaranteed)5)
using the credit distribution approach - - 791,759 391,082 379,039
(guaranteed)5)
Residential Property-Backed Loans whose - - -
Payments Are Materially Dependent on
Property Cash Flows
Commercial Property Backed Loans whose - - - - 1,983,719 3,370,816
Payments Are Not Materially Dependent on
Property Cash Flows
without a credit-sharing approach5) - - - - - -
using the credit distribution approach 3,370,816
(guaranteed)5)
using the credit distribution approach - - - - 1,983,719
(guaranteed)5)
Commercial Property Backed Loans whose
Payments Are Materially Dependent on
Property Cash Flows
Land Acquisition, Land Processing and
Construction Loans5)
Portofolio Category 50% 100%
10 Claims That Have Been Due Date 102,154 374,367
Portofolio Category 0% 20% 100%
11 Other Assets 931,530 - 3,637,286
Starting from 2023, BTPN uses a format compliant with SEOJK 24/2021. Therefore, information for the year 2022
cannot be provided due to differences in disclosure formats.
180 2023 ANNUAL REPORT PT BANK BTPN Tbk
Page 183
Risk Management
(in million Rupiah)
100% 150% Others Net Bill After the application of FKK and MRK Technique
- - - 24,851,253
100% 150% Others Net Bill After the application of FKK and MRK Technique
150,959 2,787,189 - 13,929,313
100% 150% Others Net Bill After the application of FKK and MRK Technique
- - - -
75% 100% 150% Others Net Bill After the application of FKK and MRK Technique
902,050 - - - 3,988,555
8,699,177 - - - 26,628,803
35% 50% 100% Others Net Bill After the application of FKK and MRK Technique
- - - - -
85% 100% 130% 150% Others Net Bill After the application of FKK and MRK Technique
1,274,430 66,884,036 - 220,657 - 81,840,450
- - - - -
1,051,884 1,178,063 - - 2,416,894
400% Others Net Bill After the application of FKK and MRK Technique
- - 22,522
85% 100% Others Net Bill After the application of FKK and MRK Technique
- 399,566 - 6,353,600
65% 70% 75% 85% 90% 100% 105% 110% 150% Others Net Bill After the application of FKK and MRK Technique
- - 1,381,029 1,521 - - - - - 1,119,365 10,614,210
- - 12,468 - - - 1,074,148 3,844,376
- - 12,468 - - - - 12,468
1,074,148 2,270,029
- - - - - - 1,561,880
- - - - -
- 1,368,561 1,521 - - 45,217 6,769,834
45,217 45,217
- 3,370,816
- 1,368,561 1,521 - - - 3,353,801
- - - - - -
- - - -
150% Others Net Bill After the application of FKK and MRK Technique
107,480 - 584,001
150% 1250% Others Net Bill After the application of FKK and MRK Technique
58,021 - - 4,626,837
2023 ANNUAL REPORT PT BANK BTPN Tbk 181
Page 184
Risk Management
Account Transaction Net Bill
Net Bill Statement
No Risk Weight Administrative Net Bill FKK Average (After FKK Handling
Financial Position
(Before FKK Handling) and MRK Techniques)
1 < 40% 50,209,978 19,224,708 76.15% 52,873,188
2 40% - 70% 40,094,151 12,032,803 79.81% 41,604,271
3 75% 22,223,056 13,219,276 67.90% 24,063,608
4 80% 186,947 - 100.00% 186,947
5 85% 1,211,923 578,680 71.26% 1,275,951
6 90% - 100% 60,031,677 75,699,755 53.41% 72,498,098
7 105% - 130% 1,178,063 - 100.00% 1,178,063
8 150% 3,039,240 1,177,499 75.26% 3,173,347
9 250% 22,522 - 100.00% 22,522
10 400% - - 0.00% -
11 1250% - - 0.00% -
Total Net Claims 178,197,557 121,932,721 65.60% 196,875,995
Exposure Disclosure based on Asset Class and Risk Weighting (CR5) - Consolidated Bank with Subsidiaries
Portofolio Category 0% 20% 50%
1 Claims to Government 33,147,215 - -
Portofolio Category 20% 50%
2 Claims on Public Sector Entities - 11,447,169
Portofolio Category 0% 20% 30% 50%
3 Claims on Multilateral Development Banks and - - - -
International Institutions
Portofolio Category 20% 30% 40% 50%
4 Bills to Banks 3,438,936 - - 470,857
Claims on Securities Companies and Other 14,332,301 2,905,190 - 692,135
Financial Services Institutions1)
Portofolio Category 10% 15% 20% 25%
5 Claims in the form of Covered Bonds - - - -
Portofolio Category 20% 50% 65% 75% 80%
6 Claims on General Corporations2) 4,926,644 1,403,822 - 7,130,861 -
Claims on securities companies and other - 19,472 - -
financial services institutions3)
Special Financing Exposure4) - - - 186,947
Portofolio Category 100% 150% 250%
7 Receivables in the form of Subordinated - - 22,522
Securities/Receivables, Equity and Other
Capital Instruments
Portofolio Category 45% 75%
8 Claims on Micro, Small m Business and Retail 48,759 16,172,066
Portfolio
182 2023 ANNUAL REPORT PT BANK BTPN Tbk
Page 185
Risk Management
(in million Rupiah)
100% 150% Others Net Bill After the application of FKK and MRK Technique
- - - 33,147,215
100% 150% Others Net Bill After the application of FKK and MRK Technique
150,959 2,787,189 - 14,385,316
100% 150% Others Net Bill After the application of FKK and MRK Technique
- - - -
75% 100% 150% Others Net Bill After the application of FKK and MRK Technique
902,050 - - - 4,811,843
8,699,177 - - - 26,628,803
35% 50% 100% Others Net Bill After the application of FKK and MRK Technique
- - - - -
85% 100% 130% 150% Others Net Bill After the application of FKK and MRK Technique
1,274,430 66,983,909 - 220,657 - 81,940,323
- - - - 19,472
1,051,884 1,178,063 - - 2,416,894
400% Others Net Bill After the application of FKK and MRK Technique
- - 22,522
85% 100% Others Net Bill After the application of FKK and MRK Technique
- 399,566 - 16,620,391
2023 ANNUAL REPORT PT BANK BTPN Tbk 183
Page 186
Risk Management
Exposure Disclosure based on Asset Class and Risk Weighting (CR5) - Consolidated Bank with Subsidiaries
Portofolio Category 0% 20% 25% 30% 35% 40% 45% 50% 60%
9 Property Backed Loans - 1,195,880 - 791,759 - 391,082 - 2,362,758 3,370,816
Residential Property Backed Loans whose - 1,195,880 - 791,759 391,082 379,039
Payments Are Not Materially Dependent on
Property Cash Flows
without a credit-sharing approach5) - - - - - -
using the credit distribution approach 1,195,880
(guaranteed)5)
using the credit distribution approach - - 791,759 391,082 379,039
(guaranteed)5)
Residential Property-Backed Loans whose - - - -
Payments Are Materially Dependent on
Property Cash Flows
Commercial Property Backed Loans whose - - - - 1,983,719 3,370,816
Payments Are Not Materially Dependent on
Property Cash Flows
without a credit-sharing approach5) - - - - - -
using the credit distribution approach 3,370,816
(guaranteed)5)
using the credit distribution approach - - - - 1,983,719
(guaranteed)5)
Commercial Property Backed Loans whose
Payments Are Materially Dependent on
Property Cash Flows
Land Acquisition, Land Processing and
Construction Loans5)
Portofolio Category 50% 100%
10 Claims That Have Been Due Date 102,154 407,131
Portofolio Category 0% 20% 100%
11 Other Assets 1,428,683 - 4,097,010
Starting from 2023, BTPN uses a format compliant with SEOJK 24/2021. Therefore, information for the year 2022
cannot be provided due to differences in disclosure formats.
184 2023 ANNUAL REPORT PT BANK BTPN Tbk
Page 187
Risk Management
(in million Rupiah)
65% 70% 75% 85% 90% 100% 105% 110% 150% Others Net Bill After the application of FKK and MRK Technique
- - 1,381,029 1,521 - - - - - 1,119,365 10,614,210
- - 12,468 - - - 1,074,148 3,844,376
- - 12,468 - - - - 12,468
1,074,148 2,270,029
- - - - - - 1,561,880
- - - - -
- 1,368,561 1,521 - - 45,217 6,769,834
45,217 45,217
- - 3,370,816
- 1,368,561 1,521 - - - 3,353,801
- - - - - -
- - - -
150% Others Net Bill After the application of FKK and MRK Technique
107,480 - 616,765
150% 1250% Others Net Bill After the application of FKK and MRK Technique
58,021 - - 5,583,714
Account Transaction Net Bill
Net Bill Statement
No Risk Weight Administrative Net Bill FKK Average (After FKK Handling
Financial Position
(Before FKK Handling) and MRK Techniques)
1 < 40% 59,826,381 19,224,708 79.05% 62,489,591
2 40% - 70% 40,569,626 12,032,803 80.00% 42,079,746
3 75% 32,489,847 13,219,276 75.11% 34,330,399
4 80% 186,947 - 100.00% 186,947
5 85% 1,211,923 578,680 71.26% 1,275,951
6 90% - 100% 60,624,038 75,699,755 53.62% 73,090,459
7 105% - 130% 1,178,063 - 100.00% 1,178,063
8 150% 3,039,240 1,177,499 75.26% 3,173,347
9 250% 22,522 - 100.00% 22,522
10 400% - - 0.00% -
11 1250% - - 0.00% -
Total Net Claims 199,148,587 121,932,721 67.84% 217,827,025
2023 ANNUAL REPORT PT BANK BTPN Tbk 185
Page 188
Risk Management
Net Claims Disclosures based on Geographic Area - Bank Stand Alone
(in million rupiah)
31 December 2023
Net Claims based on Geographic Area
No Portofolio Category
Bali & Nusa Kalimantan &
Java Sumatra Overseas Total
Tenggara Sulawesi
(a) (b) (c) (d) (e) (f) (g) (h)
1 Claims on sovereign 24,863,282 - - - - 24,863,282
2 Claims on Public Sector 12,796,683 - 1,132,630 - - 13,929,313
Entity
3 Claims on Multilateral - - - - - -
Development Banks and
International Institute
4 Claims on Bank 5,023,097 2,596 24,359 1,630 1,612,714 6,664,396
5 Covered Bond Claims - - - - - -
6 Claims on Securities 26,992,439 - 223,161 - - 27,215,600
Companies and Other
Financial Services Institutions
7 Claims in the form of 22,522 - - - - 22,522
Subordinated Securities/
Receivables, Equity, and
Other Capital Instruments
8 Secured by Residential 2,841,679 61,068 656,306 285,323 - 3,844,376
Property
9 Secured by Commercial Real 4,742,278 119,536 1,157,521 750,499 - 6,769,834
Estate
10 Credit for Land Acquisition, - - - - - -
Land Processing and
Construction
11 Pensioners/Other institutions' 10,116,020 1,503,681 4,349,395 5,050,461 - 21,019,557
employees loans
12 Claims on Micro, Small and 3,766,800 254,730 1,259,539 915,232 157,299 6,353,600
Retail Portfolio
13 Claims on Corporate 72,561,719 80,619 6,603,517 4,678,425 573,674 84,497,954
14 Past due claims 416,791 10,152 100,801 55,566 691 584,001
15 Other assets 4,626,837 - - - - 4,626,837
Total 168,770,147 2,032,382 15,507,229 11,737,136 2,344,378 200,391,272
Starting from 2023, BTPN uses a format compliant with SEOJK 24/2021. Therefore, information for the year 2022
cannot be provided due to differences in disclosure formats.
186 2023 ANNUAL REPORT PT BANK BTPN Tbk
Page 189
Risk Management
Net Claims Disclosures based on Geographic Area - Consolidated Bank with Subsidiaries
(in million rupiah)
31 December 2023
Net Claims based on Geographic Area
No Portofolio Category
Bali & Nusa Kalimantan &
Java Sumatra Overseas Total
Tenggara Sulawesi
(a) (b) (c) (d) (e) (f) (g) (h)
1 Claims on sovereign 33,159,244 - - - - 33,159,244
2 Claims on Public Sector 13,252,686 - 1,132,630 - - 14,385,316
Entity
3 Claims on Multilateral - - - - - -
Development Banks and
International Institute
4 Claims on Bank 5,846,385 2,596 24,359 1,630 1,612,714 7,487,684
5 Covered Bond Claims - - - - - -
6 Claims on Securities 26,992,439 - 223,161 - - 27,215,600
Companies and Other
Financial Services Institutions
7 Claims in the form of 22,522 - - - - 22,522
Subordinated Securities/
Receivables, Equity, and
Other Capital Instruments
8 Secured by Residential 2,841,679 61,068 656,306 285,323 - 3,844,376
Property
9 Secured by Commercial Real 4,742,278 119,536 1,157,521 750,499 - 6,769,834
Estate
10 Credit for Land Acquisition, - - - - - -
Land Processing and
Construction
11 Pensioners/Other institutions' 10,116,020 1,503,681 4,349,395 5,050,461 - 21,019,557
employees loans
12 Claims on Micro, Small and 10,163,491 708,631 4,088,332 1,502,638 157,299 16,620,391
Retail Portfolio
13 Claims on Corporate 72,681,064 80,619 6,603,517 4,678,425 573,674 84,617,299
14 Past due claims 444,005 10,939 104,373 56,757 691 616,765
15 Other assets 5,282,254 33,081 203,644 64,735 - 5,583,714
Total 185,544,067 2,520,151 18,543,238 12,390,468 2,344,378 221,342,302
Starting from 2023, BTPN uses a format compliant with SEOJK 24/2021. Therefore, information for the year 2022
cannot be provided due to differences in disclosure formats.
2023 ANNUAL REPORT PT BANK BTPN Tbk 187
Page 190
Risk Management
Net Claims Disclosure Based on Residual Contractual Maturity
Bank Stand Alone
(in million rupiah)
31 December 2023
Net Claims Disclosure Based on Residual Contractual Maturity
No Portofolio Category
Non
<1 Year 1-3 Years 3-5 Years >5 Years Total
Contractual
(a) (b) (c) (d) (e) (f) (g) (h)
1 Claims on sovereign 13,584,183 2,588,274 3,590 74,080 8,613,155 24,863,282
2 Claims on Public Sector 2,472,603 4,105,828 7,199,923 150,959 - 13,929,313
Entity
3 Claims on Multilateral - - - - - -
Development Banks and
International Institute
4 Claims on Bank 2,852,012 1,907,451 430,682 515,519 958,732 6,664,396
5 Covered Bond Claims - - - - - -
6 Claims on Securities 5,115,960 5,323,646 14,605,120 2,170,874 - 27,215,600
Companies and Other
Financial Services Institutions
7 Claims in the form of - - - - 22,522 22,522
Subordinated Securities/
Receivables, Equity, and
Other Capital Instruments
8 Secured by Residential 3,022,677 211,642 482,624 127,433 - 3,844,376
Property
9 Secured by Commercial Real 5,475,166 500,420 359,115 435,133 - 6,769,834
Estate
10 Credit for Land Acquisition, - - - - - -
Land Processing and
Construction
11 Pensioners/Other institutions' 284,154 1,957,541 3,650,717 15,127,145 - 21,019,557
employees loans
12 Claims on Micro, Small and 1,868,407 1,853,780 441,659 2,189,754 - 6,353,600
Retail Portfolio
13 Claims on Corporate 33,397,330 31,309,677 11,920,250 7,870,697 - 84,497,954
14 Past due claims 395,877 92,328 27,725 68,071 - 584,001
15 Other assets - - - - 4,626,837 4,626,837
Total 68,468,369 49,850,587 39,121,405 28,729,665 14,221,246 200,391,272
Starting from 2023, BTPN uses a format compliant with SEOJK 24/2021. Therefore, information for the year 2022
cannot be provided due to differences in disclosure formats.
188 2023 ANNUAL REPORT PT BANK BTPN Tbk
Page 191
Risk Management
Net Claims Disclosure Based on Residual Contractual Maturity
Consolidated Bank with Subsidiaries
(in million rupiah)
31 December 2023
Net Claims Disclosure Based on Residual Contractual Maturity
No Portofolio Category
Non
<1 Year 1-3 Years 3-5 Years >5 Years Total
Contractual
(a) (b) (c) (d) (e) (f) (g) (h)
1 Claims on sovereign 18,429,498 4,476,208 555,442 421,498 9,276,598 33,159,244
2 Claims on Public Sector 2,777,786 4,206,558 7,250,013 150,959 - 14,385,316
Entity
3 Claims on Multilateral - - - - - -
Development Banks and
International Institute
4 Claims on Bank 3,658,181 1,917,451 430,682 515,519 965,851 7,487,684
5 Covered Bond Claims - - - - - -
6 Claims on Securities 5,115,960 5,323,646 14,605,120 2,170,874 - 27,215,600
Companies and Other
Financial Services Institutions
7 Claims in the form of - - - - 22,522 22,522
Subordinated Securities/
Receivables, Equity, and
Other Capital Instruments
8 Secured by Residential 3,022,677 211,642 482,624 127,433 - 3,844,376
Property
9 Secured by Commercial Real 5,475,166 500,420 359,115 435,133 - 6,769,834
Estate
10 Credit for Land Acquisition, - - - - - -
Land Processing and
Construction
11 Pensioners/Other institutions' 284,154 1,957,541 3,650,717 15,127,145 - 21,019,557
employees loans
12 Claims on Micro, Small and 9,533,532 4,452,322 444,758 2,189,779 - 16,620,391
Retail Portfolio
13 Claims on Corporate 33,432,155 31,314,133 11,920,250 7,870,697 80,064 84,617,299
14 Past due claims 426,829 94,107 27,758 68,071 - 616,765
15 Other assets - - - - 5,583,714 5,583,714
Total 82,155,938 54,454,028 39,726,479 29,077,108 15,928,749 221,342,302
Starting from 2023, BTPN uses a format compliant with SEOJK 24/2021. Therefore, information for the year 2022
cannot be provided due to differences in disclosure formats.
2023 ANNUAL REPORT PT BANK BTPN Tbk 189
Page 192
Risk Management
Net Claims Dicslosure based on Economic Sector - Bank Stand Alone
Claims on
Multilateral
Claims on Development
Claims on Claims on Covered Bond
No Economic Sector Public Sector Banks
sovereign Bank Claims
Entity and
International
Institute
(a) (b) (c) (d) (e) (f) (g)
December 2023
1 Agriculture, forestry and fisheries - - - - -
2 Mining and excavation - 3,354,139,00 - - -
3 Manufacturing - 455,123,00 - - -
4 Procurement of Electricity, Gas, Steam / Hot Water and - 4,480,612,00 - - -
Cold Air
5 Water Management, Waste Water Management, Waste - - - - -
Management and Recycling
6 Construction - 2,787,189,00 - - -
7 Wholesale and retail trading; Repair and Maintenance of - - - - -
Cars and Motorcycles
8 Transportation and Warehousing - 2,717,118,00 - - -
9 Provision of Accommodation and Provision of Drinking - - - - -
Food
10 Information and Communication - 15,753,00 - - -
11 Financial and Insurance Activities 24,863,282,00 119,379,00 - 6,664,396,00 -
12 Real Estate - - - - -
13 Professional, Scientific, and Technical Activities - - - - -
14 Rental and Rental Activities Without Option Rights, - - - - -
Employment, Travel Agents, and Other Business Support
15 Government, Defense and Compulsory Social Security - - - - -
Administration
16 Education - - - - -
17 Human Health Activities and Social Activities - - - - -
18 Arts, Entertainment and Recreation - - - - -
19 Other Service Activities - - - - -
20 Household Activities as An Employer - - - - -
21 Activities of the International Agency and Other Extra - - - - -
International Agency
22 Household - - - - -
23 Not a Business Field - - - - -
24 Others - - - - -
Total 24,863,282 13,929,313 - 6,664,396 -
Starting from 2023, BTPN uses a format compliant with SEOJK 24/2021. Therefore, information for the year 2022
cannot be provided due to differences in disclosure formats.
190 2023 ANNUAL REPORT PT BANK BTPN Tbk
Page 193
Risk Management
(in million rupiah)
Claims in
Claims on Credit
the form of
Securities Claims Claims for Land Claims on
Subordinated Other
Companies secured secured Acquisition, Micro, Small
Securities/ institutions’ Claims on Past Other
and Other by by Land and
Receivables, employees Corporate due Claims Assets
Financial Residential Commercial Processing Retail
Equity, and loans
Services Property Real Estate and Portfolio
Other Capital
Institutions Construction
Instruments
(h) (i) (j) (k) (l) (m) (n) (o) (p) (q)
- - 46,445 130,429 - - 43,494 3,988,906 2,450 -
- - 12,928 19,460 - - 6,197 4,038,231 2,725 -
- - 965,447 2,276,185 - - 157,178 34,223,398 190,171 -
- - 12,833 5,111 - - 1,701 913,252 269 -
- - 22,953 41,855 - - 8,627 342,520 - -
- - 357,548 329,286 - - 85,534 2,069,002 31,620 -
78,432 - 2,059,249 3,472,720 - - 769,373 15,592,102 219,584 -
- - 126,068 184,524 - - 16,165 2,213,674 5,646 -
- - 64,843 30,087 - - 12,808 52,759 13,943 -
- - 14,944 70,188 - - 193 8,195,651 - -
27,122,168 22,514 - - - - - 58,526 - -
- - - 8,140 - - 1,688 1,191,266 - -
- - 8,522 11,105 - - - 2,468,554 - -
- - 64,688 137,892 - - 10,555 3,898,370 6,954 -
- - - - - - - - - -
- - - - - - 4 - - -
- - 11,778 10,582 - - 3,544 - - -
- - 749 3,791 - - - 225,434 - -
- - 63,395 14,322 - - 117,292 41,107 1,914 -
- - 336 - - - 6,404 - 281 -
- - - - - - - - - -
- - 11,650 24,157 - 21,019,557 5,090,893 6,555 108,444 -
- - - - - - - - - -
15,000 8 - - - - 21,950 4,978,647 - 4,626,837
27,215,600 22,522 3,844,376 6,769,834 - 21,019,557 6,353,600 84,497,954 584,001 4,626,837
2023 ANNUAL REPORT PT BANK BTPN Tbk 191
Page 194
Risk Management
Net Claims Dicslosure based on Economic Sector - Consolidated Bank with Subsidiaries
Claims on
Multilateral
Claims on Development
Claims on Claims on Covered Bond
No Economic Sector Public Sector Banks
sovereign Bank Claims
Entity and
International
Institute
(a) (b) (c) (d) (e) (f) (g)
December 2023
1 Agriculture, forestry and fisheries - - - - -
2 Mining and excavation - 3,354,139 - - -
3 Manufacturing - 455,123 - - -
4 Procurement of Electricity, Gas, Steam / Hot Water and - 4,480,612 - - -
Cold Air
5 Water Management, Waste Water Management, Waste - - - - -
Management and Recycling
6 Construction - 2,787,189 - - -
7 Wholesale and retail trading; Repair and Maintenance of - - - - -
Cars and Motorcycles
8 Transportation and Warehousing - 2,717,118 - - -
9 Provision of Accommodation and Provision of Drinking - - - - -
Food
10 Information and Communication - 15,753 - - -
11 Financial and Insurance Activities 24,863,282 119,379 - 6,664,396 -
12 Real Estate - - - - -
13 Professional, Scientific, and Technical Activities - - - - -
14 Rental and Rental Activities Without Option Rights, - - - - -
Employment, Travel Agents, and Other Business Support
15 Government, Defense and Compulsory Social Security - - - - -
Administration
16 Education - - - - -
17 Human Health Activities and Social Activities - - - - -
18 Arts, Entertainment and Recreation - - - - -
19 Other Service Activities - - - - -
20 Household Activities as An Employer - - - - -
21 Activities of the International Agency and Other Extra - - - - -
International Agency
22 Household - - - - -
23 Not a Business Field - - - - -
24 Others 8,295,962 456,003 - 823,288 -
Total 33,159,244 14,385,316 - 7,487,684 -
Starting from 2023, BTPN uses a format compliant with SEOJK 24/2021. Therefore, information for the year 2022
cannot be provided due to differences in disclosure formats.
192 2023 ANNUAL REPORT PT BANK BTPN Tbk
Page 195
Risk Management
(in million rupiah)
Claims in
Claims on Credit
the form of
Securities Claims Claims for Land Claims on
Subordinated Other
Companies secured secured Acquisition, Micro, Small
Securities/ institutions’ Claims on Past Other
and Other by by Land and
Receivables, employees Corporate due Claims Assets
Financial Residential Commercial Processing Retail
Equity, and loans
Services Property Real Estate and Portfolio
Other Capital
Institutions Construction
Instruments
(h) (i) (j) (k) (l) (m) (n) (o) (p) (q)
- - 46,445 130,429 - - 2,042,167 3,988,906 6,312 -
- - 12,928 19,460 - - 6,202 4,038,231 2,725 -
- - 965,447 2,276,185 - - 1,034,844 34,223,398 192,808 -
- - 12,833 5,111 - - 1,701 913,252 269 -
- - 22,953 41,855 - - 8,627 342,520 - -
- - 357,548 329,286 - - 85,534 2,069,002 31,620 -
78,432 - 2,059,249 3,472,720 - - 7,611,579 15,611,911 244,152 -
- - 126,068 184,524 - - 16,197 2,213,674 5,648 -
- - 64,843 30,087 - - 13,353 52,759 13,956 -
- - 14,944 70,188 - - 193 8,195,651 - -
27,122,168 22,514 - - - - 63 77,998 126 -
- - - 8,140 - - 1,688 1,191,266 - -
- - 8,522 11,105 - - 2 2,468,554 - -
- - 64,688 137,892 - - 10,576 3,898,370 6,954 -
- - - - - - - - - -
- - - - - - 4 - - -
- - 11,778 10,582 - - 3,559 - - -
- - 749 3,791 - - - 225,434 - -
- - 63,395 14,322 - - 117,461 41,107 1,917 -
- - 336 - - - 553,564 - 1,833 -
- - - - - - - - - -
- - 11,650 24,157 - 21,019,557 5,090,963 6,555 108,445 -
- - - - - - 164 - - -
15,000 8 - - - - 21,950 5,058,711 - 5,583,714
27,215,600 22,522 3,844,376 6,769,834 - 21,019,557 16,620,391 84,617,299 616,765 5,583,714
2023 ANNUAL REPORT PT BANK BTPN Tbk 193
Page 196
Risk Management
Claims and Allowances Disclosure based on Geographic Area
Bank Stand Alone
(in million rupiah)
31 December 2023
Geographic Area
No Description
Bali & Nusa Kalimantan &
Java Sumatra Overseas Total
Tenggara Sulawesi
(a) (b) (c) (d) (e) (f) (g) (h)
1 Gross claims 264,465,892 2,508,522 17,971,670 16,415,429 1,571,620 302,933,133
2 Impaired claims
a. Not yet matured 14,339,290 39,641 594,423 88,902 188,790 15,251,046
b. Matured 1,313,395 21,413 205,492 135,950 1,119 1,677,369
3 Allowance for impairment 456,040 15,643 107,251 84,864 64 663,862
losses - Stage 1
4 Allowance for impairment 139,219 5,315 30,036 24,583 - 199,153
losses - Stage 2
5 Allowance for impairment 2,405,498 7,061 108,234 82,909 - 2,603,702
losses - Stage 3
6 Amounts written-off 2,261,653 104,238 831,429 451,448 - 3,648,768
Starting from 2023, BTPN uses a format compliant with SEOJK 24/2021. Therefore, information for the year 2022
cannot be provided due to differences in disclosure formats.
Claims and Allowances Disclosure based on Geographic Area
Consolidated Bank with Subsidiaries
(in million rupiah)
31 December 2023
Geographic Area
No Description
Bali & Nusa Kalimantan &
Java Sumatra Overseas Total
Tenggara Sulawesi
(a) (b) (c) (d) (e) (f) (g) (h)
1 Gross claims 281,989,522 3,014,026 21,089,108 17,099,287 1,571,620 324,763,563
2 Impaired claims - -
a. Not yet matured 14,339,290 39,641 594,423 88,902 188,790 15,251,046
b. Matured 1,594,107 29,533 238,888 148,238 1,119 2,011,885
3 Allowance for impairment 1,486,461 41,499 222,076 127,678 64 1,877,778
losses - Stage 1
4 Allowance for impairment 139,219 5,315 30,036 24,583 - 199,153
losses - Stage 2
5 Allowance for impairment 2,405,498 7,061 108,234 82,909 - 2,603,702
losses - Stage 3
6 Amounts written-off 5,553,260 275,819 1,354,538 669,656 - 7,853,273
Starting from 2023, BTPN uses a format compliant with SEOJK 24/2021. Therefore, information for the year 2022
cannot be provided due to differences in disclosure formats.
194 2023 ANNUAL REPORT PT BANK BTPN Tbk
Page 197
Risk Management
Claims and Allowances Disclosure based on Ekonomic Sector
Bank Stand Alone
(in million rupiah)
December 2023
Impaired Claims Allowance Allowance Allowance
No Economic Sector for for for
Gross Amounts
Not Yet Impairment Impairment Impairment
Claims Matured Written-off
Matured Losses - Losses - Losses -
Stage 1 Stage 2 Stage 3
(a) (b) (c) (d) (e) (f) (g) (h) (i)
1 Agriculture, forestry and fisheries 6,218,774 1,868 8,882 4,445 525 6,440 -
2 Mining and excavation 14,092,333 - 4,659 3,458 - 1,934 -
3 Manufacturing 79,007,056 1,843,021 225,816 114,926 26,228 255,452 -
4 Procurement of Electricity, Gas, 6,905,274 112 492 834 33 224 -
Steam / Hot Water and Cold Air
5 Water Management, WasteWater 1,111,759 - - 1,377 - - -
Management, Waste
Management and Recycling
6 Construction 9,041,263 4,097,462 68,542 17,746 3,831 42,476 -
7 Wholesale and retail trading; 45,548,701 901,233 836,490 184,862 47,884 401,693 2
Repair and Maintenance of Cars
and Motorcycles
8 Transportation and Warehousing 6,782,070 366,780 9,756 15,831 2,615 4,767 -
9 Provision of Accommodation and 204,064 1,203 26,158 4,158 284 12,271 -
Provision of Drinking Food
10 Information and Communication 9,735,188 7,128 - 3,551 2,816 39 -
11 Financial and Insurance Activities 65,556,903 5,211,337 245,655 6,329 1,563 - -
12 Real Estate 1,553,271 565,227 - 166 - - -
13 Professional, Scientific, and 2,920,037 13,013 - 544 899 - -
Technical Activities
14 Rental and Rental Activities 5,027,317 1,378,650 11,890 11,292 8,159 5,438 -
Without Option Rights,
Employment, Travel Agents, and
Other Business Support
15 Government, Defense and - - - - - - -
Compulsory Social Security
Administration
16 Education 4 - - - - - -
17 Human Health Activities and 27,053 575 - 825 91 111 -
Social Activities
18 Arts, Entertainment and 229,974 - - 121 - - -
Recreation
19 Other Service Activities 260,061 8,081 3,331 5,433 1,004 2,028 4
20 Household Activities as An 8,122 - 515 84 - 234 -
Employer
21 Activities of the International - - - - - - -
Agency and Other Extra
International Agency
22 Household 30,451,724 231,148 235,183 186,510 62,031 123,963 12,305
23 Not a Business Field - - - - - - -
24 Others 18,252,185 624,208 - 101,370 41,190 1,746,632 3,636,457
Total 302,933,133 15,251,046 1,677,369 663,862 199,153 2,603,702 3,648,768
Starting from 2023, BTPN uses a format compliant with SEOJK 24/2021. Therefore, information for the year 2022
cannot be provided due to differences in disclosure formats.
2023 ANNUAL REPORT PT BANK BTPN Tbk 195
Page 198
Risk Management
Claims and Allowances Disclosure based on Ekonomic Sector
Consolidated Bank with Subsidiaries
(in million rupiah)
December 2023
Impaired Claims Allowance Allowance Allowance
No Economic Sector for for for
Gross Amounts
Not Yet Impairment Impairment Impairment
Claims Matured Written-off
Matured Losses - Losses - Losses -
Stage 1 Stage 2 Stage 3
(a) (b) (c) (d) (e) (f) (g) (h) (i)
1 Agriculture, forestry and fisheries 8,295,583 1,868 45,925 115,763 525 6,440 185,352
2 Mining and excavation 14,092,375 - 4,659 3,496 - 1,934 336
3 Manufacturing 79,935,207 1,843,021 251,869 188,827 26,228 255,452 156,727
4 Procurement of Electricity, Gas, 6,905,274 112 492 834 33 224 -
Steam / Hot Water and Cold Air
5 Water Management, WasteWater 1,111,759 - - 1,377 - - 1
Management, Waste
Management and Recycling
6 Construction 9,041,263 4,097,462 68,542 17,746 3,831 42,476 -
7 Wholesale and retail trading; 53,146,642 901,233 1,091,829 47,884 401,693 3,552,528
Repair and Maintenance of Cars 1,151,558
and Motorcycles
8 Transportation and Warehousing 6,782,386 366,780 9,788 16,144 2,615 4,767 3,128
9 Provision of Accommodation and 207,258 1,203 26,313 6,950 284 12,271 61,468
Provision of Drinking Food
10 Information and Communication 9,735,197 7,128 - 3,560 2,816 39 746
11 Financial and Insurance Activities 65,576,637 5,211,337 245,957 6,703 1,563 - 245
12 Real Estate 1,553,295 565,227 - 190 - - 123
13 Professional, Scientific, and 2,920,074 13,013 - 579 899 - 526
Technical Activities
14 Rental and Rental Activities 5,027,494 1,378,650 11,895 11,453 8,159 5,438 1,968
Without Option Rights,
Employment, Travel Agents, and
Other Business Support
15 Government, Defense and - - - - - - -
Compulsory Social Security
Administration
16 Education 4 - - - - - -
17 Human Health Activities and 27,105 575 2 865 91 111 731
Social Activities
18 Arts, Entertainment and 229,974 - - 121 - - 9,505
Recreation
19 Other Service Activities 261,432 8,081 3,419 6,720 1,004 2,028 1,641
20 Household Activities as An 598,203 - 16,006 56,943 - 234 227,938
Employer
21 Activities of the International - - - - - - -
Agency and Other Extra
International Agency
22 Household 30,451,858 231,148 235,189 186,579 62,031 123,963 13,799
23 Not a Business Field 164 - - - - - 54
24 Others 28,864,379 624,208 - 101,370 41,190 1,746,632 3,636,457
Total 324,763,563 15,251,046 2,011,885 1,877,778 199,153 2,603,702 7,853,273
Starting from 2023, BTPN uses a format compliant with SEOJK 24/2021. Therefore, information for the year 2022
cannot be provided due to differences in disclosure formats.
196 2023 ANNUAL REPORT PT BANK BTPN Tbk
Page 199
Risk Management
Efforts to Overcome Arrears and Impairment
To maintain a good credit quality level, monitoring of debtors experiencing arrears and impairment needs to be
conducted regularly. Monitoring is carried out for each credit category (Corporate, Commercial, Small and Medium
Enterprises or SMEs, Micro Businesses, and Retail Lending), including Digital Lending, as well as for industrial sectors
and overall credit portfolios.
Disclosure of Bills Based on Delinquent Days - Bank Stand Alone
(in million rupiah)
31 December 2023
Bills Based on Delinquent Days
No Types of Exposures
> 90 days s.d. 120 > 120 days s.d. 180
> 180 days Total
days days
a b c d e f
1 Credit that included in past due claims 205,042 100,610 1,456,401 1,762,053
2 Securities that included in past due - - - -
claims
Total 205,042 100,610 1,456,401 1,762,053
Starting from 2023, BTPN uses a format compliant with SEOJK 24/2021. Therefore, information for the year 2022
cannot be provided due to differences in disclosure formats.
Disclosure of Bills Based on Delinquent Days - Consolidated Bank with Subsidiaries
(in million rupiah)
31 December 2023
Bills Based on Delinquent Days
No Types of Exposures
> 90 days s.d. 120 > 120 days s.d. 180
> 180 days Total
days days
a b c d e f
1 Credit that included in past due claims 357,251 259,112 1,480,206 2,096,569
2 Securities that included in past due - - - -
claims
Total 357,251 259,112 1,480,206 2,096,569
Starting from 2023, BTPN uses a format compliant with SEOJK 24/2021. Therefore, information for the year 2022
cannot be provided due to differences in disclosure formats.
2023 ANNUAL REPORT PT BANK BTPN Tbk 197
Page 200
Risk Management
Disclosure of Performing and Non-Performing Assets - Bank Stand Alone
Performing
(Quality L and DPK)
No Impaired Claims
Allowance for Allowance for
Gross Carrying Value Gross Carrying Value
Impairment Losses Impairment Losses
a b c d e f
1 Securities 8,547,320 799 - -
2 Loan 143,411,383 2,226,053 1,677,370 1,178,052
a. Corporate 100,160,698 1,423,786 530,748 487,176
b. Ritel 43,250,685 802,267 1,146,622 690,876
3 Administrative Account Transaction 121,956,266 52,990 - -
Starting from 2023, BTPN uses a format compliant with SEOJK 24/2021. Therefore, information for the year 2022
cannot be provided due to differences in disclosure formats.
Disclosure of Performing and Non-Performing Assets - Consolidated Bank with Subsidiaries
Performing
(Quality L and DPK)
No Impaired Claims
Allowance for Allowance for
Gross Carrying Value Gross Carrying Value
Impairment Losses Impairment Losses
a b c d e f
1 Securities 17,194,076 799 - -
2 Loan 154,629,618 3,138,216 1,677,370 1,178,052
a. Corporate 100,200,376 1,424,183 530,748 487,176
b. Ritel 54,429,242 1,714,033 1,146,622 690,876
3 Administrative Account Transaction 121,956,266 52,990 - -
Starting from 2023, BTPN uses a format compliant with SEOJK 24/2021. Therefore, information for the year 2022
cannot be provided due to differences in disclosure formats.
198 2023 ANNUAL REPORT PT BANK BTPN Tbk
Page 201
Risk Management
(in million rupiah)
Non Perfoming
(Quality KL, D, M)
Non Impaired Claims
Have Arrears > 90 days Have Arrears ≤ 90 days
Allowance for Allowance for
Gross Carrying Value Gross Carrying Value
Impairment Losses Impairment Losses
g h i j
- - - -
84,684 26 - -
84,684 26 - -
- - - -
- - - -
(in million rupiah)
Non Perfoming
(Quality KL, D, M)
Non Impaired Claims
Have Arrears > 90 days Have Arrears ≤ 90 days
Allowance for Allowance for
Gross Carrying Value Gross Carrying Value
Impairment Losses Impairment Losses
g h i j
- - - -
407,122 293,577 12,078 8,202
84,684 26 - -
322,438 293,551 12,078 8,202
- - - -
2023 ANNUAL REPORT PT BANK BTPN Tbk 199
Page 202
Risk Management
Definition of Restructured Assets
In order to minimize credit losses, the Bank considers credit restructuring for debtors experiencing difficulties, as long
as it is beneficial for both parties.
Credit Restructuring is an improvement effort carried out by the Bank in its credit activities for debtors who have
difficulties in meeting their obligations.
The Bank is only allowed to carry out credit restructuring for debtors with the following criteria:
i. The debtor experiences a decrease in the ability to pay for the credit principal and/or interest; and
ii. The debtor remains with good business prospects and is able to fulfill its obligations after restructuring
Disclosure of Performing and Non-Performing Restructuring Assets - Bank Stand Alone
Non Perfoming
Performing (Quality L and DPK)
(Quality KL, D, M)
No
Allowance for Allowance for
Gross Carrying Value Gross Carrying Value
Impairment Losses Impairment Losses
a b c d e f
1 Securities - - - -
2 Credit 3,713,223 1,035,516 1,150,326 897,173
a. Corporation 2,693,931 817,854 507,652 486,877
b. Retail 1,019,292 217,661 642,673 410,296
3 Administrative Account Transactions 150,009 94 - -
Starting from 2023, BTPN uses a format compliant with SEOJK 24/2021. Therefore, information for the year 2022
cannot be provided due to differences in disclosure formats.
Disclosure of Performing and Non-Performing Restructuring Assets - Consolidated Bank with Subsidiaries
Non Perfoming
Performing (Quality L and DPK)
(Quality KL, D, M)
No
Allowance for Allowance for
Gross Carrying Value Gross Carrying Value
Impairment Losses Impairment Losses
a b c d e f
1 Securities - - - -
2 Credit 3,916,565 1,151,048 1,181,024 927,280
a. Corporation 2,693,931 817,854 507,652 486,877
b. Retail 1,222,634 333,193 673,371 440,403
3 Administrative Account Transactions 150,009 94 - -
Starting from 2023, BTPN uses a format compliant with SEOJK 24/2021. Therefore, information for the year 2022
cannot be provided due to differences in disclosure formats.
200 2023 ANNUAL REPORT PT BANK BTPN Tbk
Page 203
Risk Management
(in million Rupiah)
Stage 1 Stage 2 Stage 3
Allowance for Allowance for Allowance for
Gross Carrying Value Gross Carrying Value Gross Carrying Value
Impairment Losses Impairment Losses Impairment Losses
g h i j k l
- - - - - -
645,410 86,396 381,862 64,421 3,836,277 1,781,872
- - 167,867 196 3,033,716 1,304,535
645,410 86,396 213,995 64,225 802,561 477,338
11,871 94 - - - -
(in million Rupiah)
Stage 1 Stage 2 Stage 3
Allowance for Allowance for Allowance for
Gross Carrying Value Gross Carrying Value Gross Carrying Value
Impairment Losses Impairment Losses Impairment Losses
g h i j k l
- - - - - -
645,410 86,396 381,862 64,421 3,836,277 1,781,872
- - 167,867 196 3,033,716 1,304,535
645,410 86,396 213,995 64,225 802,561 477,338
11,871 94 - - - -
2023 ANNUAL REPORT PT BANK BTPN Tbk 201
Page 204
Risk Management
Disclosure of Counterparty Credit Risk
Counterparty credit risk for the Bank is a risk due to the counterparty’s inability to meet payments as per contract with
the Bank which causes potential loss for the Bank to replace the contract.
Counterparty credit risk basically arises from FX swaps and repo/reverse repo transactions. The counterparty credit
risk mitigation is carried out in accordance with SE OJK 24/SEOJK.03/2021, namely by recognizing the existence of
collateral, guarantee, warranty or credit insurance and equipped with the Bank’s policy to manage credit risks from
counterparties.
Table CCR1: Exposure Analysis of Counterparty Credit Risk
Alpha
used in the
Replacement Potential Future
No EEPE calculations Net Receivables RWA
Cost (RC) Exposure (PFE)
of Regulatory
EAD
a b c d e f g h
1 SA-CCR 1,131,480,848,890 1,379,431,913,419 1.4 3,515,277,867,233
(for derivative)
2 Internal model method N/A N/A
(for derivative and
SFTs)
3 Simple approach for N/A N/A
credit risk mitigation
(for SFTs)
4 Comprehensive
approach for credit
risk mitigation (for
SFTs)
5 VaR for SFT N/A N/A
Total
Table CCR2: Credit valuation adjustment (CVA) Capital Charge
No Net Receivables RWA
Total portfolio based on Advanced CVA capital charge N/A N/A
1 (i) VaR component (include 3× multiplier) N/A
2 (ii) Stressed VaR component (include 3× multiplier) N/A
3 All Portfolio based on Standardised CVA Capital Charge 1,190,788,790,928
4 Total based on CVA Capital Charge 1,190,788,790,928
202 2023 ANNUAL REPORT PT BANK BTPN Tbk
Page 205
Risk Management
Table CCR3: CCR Exposure Based on Portfolio Category and Weighted Risk
Portfolio Total Net
0% 10% 20% 50% 75% 100% 150% Others
Category receivables
Claims on 12,029,467,415 12,029,467,415
sovereign
Claims on
Public Sector
Entity
Claims on
Multilateral
Development
Banks and
International
Institute
Claims on 458,652,657,594 2,217,189,696,279 - 2,675,842,353,874
Bank
Claims on
Securities
Companies
Claims on 525,838,540,952 14,218,494,778 287,349,010,215 827,406,045,945
Corporate
Claims on
Micro, Small
and Retail
Portfolio
Other Assets
Total 12,029,467,415 984,491,198,546 2,231,408,191,057 287,349,010,215 3,515,277,867,233
Table CCR6: Net Claims Credit Derivative
Protection Bought Protection Sold
Notional value NULL
Single-name credit default swaps
Index credit default swaps
Total return swaps
Credit options
Other Credit Derivatives
Total Notional value NULL NULL
Fair Value NULL NULL
Positive Fair Value (Asset)
Negative Fair Value (Liablities)
B. Market Risk
Market risk is risk on the Balance Sheet and Administrative Account positions, which includes derivative transactions
due to changes in market conditions. Changes in market conditions include fluctuation in exchange rates, interest
rates, option prices, including changes in credit spreads and potential default. Market risks are found in Trading and
Banking Book positions due to exposure from foreign exchange, securities, derivative and financial/money market
instruments.
2023 ANNUAL REPORT PT BANK BTPN Tbk 203
Page 206
Risk Management
Interest rate risks in banking book can arise from Market risk limit determination is reviewed periodically
differences in the Bank’s asset and liability exposures to ensure conformity with business developments as
and interest rate movement that will affect income and well as with current economic and market conditions
economic value of the Bank’s capital. based on factors of exchange rate and interest rate
risks.
Market Risk Management Framework
The Bank uses the control framework as clear and firm Adequacy of Risk Identification, Measurement,
guidelines. The three key components in the risk control Monitoring, and Control Processes, and Risk
framework are as follows: Management Information System
1. Policies and Procedures Market risk identification is consistently conducted
Determining clear regulations and standards on through the analysis of every product, transaction,
all Bank’s business activities, control, operational or service offered by the Bank through the product
strategies, and organization related to market risk. program that such products, transactions, or services
2. Exposure Limit become market risk exposure that is measurable,
Providing clear limitation related to market risk. monitored, and controlled on a daily basis.
Market risk limit/tolerance is adjusted to related
regulations, global policies and the Bank’s local For each feature development and significant growth,
policies. market risks are continually re-identified and discussed
3. Delegation of Risk Authority with the Risk Management Work Unit (SKMR), in this
Ensuring that decision-making on main risks is only case, is the Market and Liquidity Risk Management
allowed to be conducted by certain individual or work unit, with other related business units.
work unit approved by the Bank’s management
committee. The Bank’s securities portfolio is categorized as trading
book and banking book. Trading book securities are
Adequacy of Policies, Procedures, and Limit mainly used to meet customers’ demands. While the
Setting Banking Book Securities is managed for the purpose
The Bank periodically reviews the adequacy of policies, of serving as liquidity reserves and to obtain optimal
procedures, and limit determination in managing market returns in line with the business plan and certain risk
risks so as to be aligned with external regulations such levels acceptable by the Management.
as OJK Regulation No.18/POJK.03/2016 and OJK
Circular Letter No.34/SEOJK.03/2016 regarding the The Bank’s exchange rate exposure is mostly from FX
implementation of risk management. Furthermore, the transactions conducted for the interest of customers
policies are also established in line with market risk and the swap of fund sources obtained in foreign
global policies and liquidity risk policies from Sumitomo currencies. Measurement of exchange rate risk
Mitsui Banking Corporation (SMBC), as BTPN is part of exposure is measured on the Bank’s Net Foreign
the SMBC group. Currency Position, which is below 1.0% of capital or far
below the limit provision on the maximum limit of Bank
The Bank’s market risk policies and procedures Indonesia, namely 20.0% of capital.
stipulate clear rules and standards on all of the Bank’s
business activities, control, operational strategies, and The Bank conducts a revaluation process (mark to
organization related to market risk. The Bank retains market) based on the market price at the end of the day.
the methodology and its measurable and clear steps to The Bank also observes market risk exposure on a daily
identify, measure and monitor market risks. basis as part of risk mitigation as well as to ensure that
such exposure does not pass over the limit established
To ensure that risk control is running sufficiently, the by the Asset Liabilities Committee (ALCO).
Bank also conducts check and balances and separates
the front office, middle office, and back office, as well Calculation on Risk-Weighted Assets (RWA) on market
as implements the Three Lines of Defense framework, risks and the capital requirement on market risk
namely as follows: exposure is conducted based on the standardized
1. Head of Work Unit (PUK) (first line of defense), approach in accordance with applicable regulations.
2. Market and Liquiidity Risk Management
Department and Compliance Unit (second line of
defense),
3. Internal Audit Work Unit/SKAI (third line of defense).
204 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Risk Management
Market Risk Disclosure using Standardized Approch
(in million Rupiah)
31 December 2023 31 December 2022
Stand Alone Consolidated Stand Alone Consolidated
No Risk Type
Capital Capital Capital Capital
RWA RWA RWA RWA
Charge Charge Charge Charge
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10)
1 Interest Rate Risk
a. Specific Risk - - - - - - - -
b. General Risk 38,383 479,787 38,383 479,787 48,575 607,187 48,575 607,187
2 Foreign Exchange 14,874 185,925 14,874 185,925 8,807 110,085 8,807 110,085
Risk
3 Equity Risk - - - - - -
4 Commodity Risk - - - - - -
5 Option Risk - - - - - - - -
Total 53,257 665,712 53,257 665,712 57,382 717,272 57,382 717,272
Management of market risks is carried out by reporting the results of market risk measurement and limit monitoring
as established by ALCO on a daily basis. The Bank also routinely conducts calculations of PV01 and simulation on
projections of the changes in net interest income (NII) and economic value of equity (EVE) as reported in the meetings
held by ALCO Committee and Risk Management Committee (KMR).
Every year, or if there are additional features or products, the Bank conducts validation on the measurement of the
system used. The current information system is able to facilitate the revaluation process (mark to market), providing
updated information on the Bank’s market risk exposure, as well as monitoring the Bank’s market risk factors
movement.
Internal Control System on Market Risk
Monitoring of the Market Risk is carried out through the Asset Liabilities Committee (ALCO) and the Risk Management
Committee. The Internal Control System is effective in supporting the implementation of Market Risk Management.
The Internal Audit conducts periodic audits on the adequacy of risk policies, procedures, and limits, as well as
tolerance and compliance from each party related to the implementation of market risk management in accordance
with the established audit plan of the Bank.
Organization Structure of Market Risk Governance
Risk Monitoring Committee
Risk Management Committee (RMC)
and/or Asset & Liabilities Committee (ALCO)
2nd line defense
1st line defense Risk Management 3rd line defense
Line Manager (Market & Liquidity Risk Management/ Internal Audit
MLRM)
2023 ANNUAL REPORT PT BANK BTPN Tbk 205
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Risk Management
Disclosure of Interest Rate Risk in Banking Book be taken in order to return the IRRBB position to the
Banking book exposure of the Bank’s assets and desired level.
liabilities is measured by use of the sensitivity analysis
based on the interest rate repricing gap profile to Market and Liquidity Risk Management is responsible
calculate the impact of the change in the interest rate for the periodic measurement and monitoring of IRRBB
on the Bank’s net profit by use of the Net Interest for reporting to the Board of Directors and ALCO/KMR.
Income (NII) approach, and the impact of the change in While the business units and treasury are responsible
the interest rate on the Bank’s capital, or by use of the for carrying out the formulated business and hedging
Economic Value of Equity (EVE) approach. strategies.
Interest Rate Risk in Banking Book The quantitative analysis from IRRBB measurement
Name of Bank : PT Bank BTPN Tbk (individual) results for December 2022 position is shown from the
Report Position : December 2023 Bank’s biggest change in EVE that occurred on the
Parallel Shock Up scenario, namely at the amount of
Qualitative Analysis Rp1.84 trillion (6.25% of CET1). Meanwhile, from the NII
Measurement of IRRBB is carried out by use of the change perspective on the Parallel Shock Up scenario,
standard method in accordance with applicable the Bank’s NII is projected to experience a decline of
provisions. In conducting IRRBB management, the Rp0.12 trillion or 3.03% of the Bank’s projected NII at
Bank has established its risk appetite as manifested in baseline condition.
the form of an internal buffer on the maximum change in
EVE that must be maintained. In the event IRRBB closes IRRBB Calculation Report
in or passes over the said buffer, ALCO will determine Name of Bank : PT BANK BTPN Tbk (individual)
the business strategy and hedging strategy that must Report Position : December 2023
Currency : Total in Rupiah
Table of IRRBB Calculation Report
(in million Rupiah)
∆ EVE ∆ NII
December 2023 December 2022 December 2023 December 2022
Parallel up (1,892,060.17) (1,840,272.22) 77,558.71 (120,707.86)
Parallel down 1,840,476.02 1,745,706.33 (132,556.17) 74,096.31
Steepener 558,565.46 689,867.33
Flattener (984,681.32) (1,100,938.05)
Short rate up (1,269,211.06) (1,279,731.65)
Short rate down 1,273,759.07 1,277,028.64
Absolute Negative Maximum Value 1,892,060.17 1,840,272.22 132,556.17 120,707.86
Tier 1 Capital (for ∆ EVE) or Projected Income (for ∆ NII) 30,989,831.98 29,437,312.07 2,981,729.07 3,988,377.52
Maximum amount divided by Tier 1 capital (for ∆ EVE) or 6.11% 6.25% 4.45% 3.03%
Projected Income (for ∆ NII)
206 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Risk Management
C. Liquidity Risk To implement policies, procedures and establish
Liquidity Risk is a risk that may occur due to the Bank’s the limitation on liquidity risks effectively, the Bank
incapability to meet matured obligations by using its also establishes the clear separation of duties,
cash flow and/or liquid high-quality assets as collaterals responsibilities, and authorities among the units
without disrupting the Bank’s financial activities and responsible for managing liquidity risks, namely
conditions. work units with activities that are exposed to liquidity
risks. The Risk Management Directorate provides
Liquidity risk is also related to optimizing balance independent and objective feedback and analysis in
structure and structural risk over the dependency on liquidity risk identification, measurement, monitoring,
certain financing sources. Management of the Bank’s and management processes.
liquidity risks strives so that liquidity risk in short-term
as well as structural perspectives are manageable. Policies and procedures currently applied have
regulated the management of liquidity risks during
From a short-term perspective, the Bank ensures a crisis, starting from the activation of contingency
the adequacy of liquidity monitored based on the funding plan/CFP and implementation until conditions
Liquidity Coverage Ratio (LCR) and other early warning return to normal (business as usual/BAU).
indicators. From a long-term perspective, liquidity risks
are managed and monitored through the Net Stable Adequacy of Risk Identification, Measurement,
Funding Ratio (NSFR). Monitoring, and Control Processes and Risk
Management Information System
Liquidity Risk Management Framework Liquidity risk identification is carried out on all sources,
The Bank utilizes the control framework as clear and both from product and activity aspects as well as the
firm guidelines on the limitation in taking risks. Three aspect of significant growth from the sources and
key components in this control framework are as results of certain funding in the form of asset position,
follows: liabilities, and administrative accounts. Identification is
1. Policies and Procedures also conducted every time potentially increasing risk
Establishing clear rules and standards for all arises, including interest rate risk, credit risk, operational
Bank’s business activities, control, operational risk, legal risk, and risks due to new regulations from
strategies and organization related to liquidity risk Bank Indonesia.
management.
The Bank measures and monitors liquidity risk
2. Exposure Limit indicators to identify potential liquidity problems through
Providing clear limits related to liquidity risks. the Early Warning Indicators/EWI that monitors the level
Liquidity risk limit/tolerance is adjusted in of rollover, funding concentration, the Bank’s public
accordance with related regulations, global policies rating, money market liquidity level, and fulfillment of
and the Bank’s local policies. regulatory ratio. The Bank also structurally measures
liquidity risks by use of ratios such as adequacy of
3. Delegation of Risk Authorities liquid instruments ratio, Macroprudential Intermediation
Ensuring that decision making on main risks is Ratio (RIM), as well as calculation of outgoing funds and
only to be carried out by certain individual or work stress testing.
unit as approved by the Bank’s management
committee. Internal policies are established so that the Bank
always complies with rules and regulations, such as the
Adequacy of Policies, Procedures, and Limit Liquidity Coverage Ratio (LCR). The Bank also applies
Setting the Net Stable Funding Ratio (NSFR) regulation.
The Bank periodically reviews the adequacy of policies,
procedures, and liquidity risk limits and their conformity
to risk appetite. In addition to its alignment with
business strategies and business growth, transactional
complexity, as well as economic and market conditions.
2023 ANNUAL REPORT PT BANK BTPN Tbk 207
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Risk Management
Liquidity Coverage Ratio (LCR) Report as of 31 December 2023:
Tabel Laporan Perhitungan Kewajiban Pemenuhan Rasio Kecukupan Likuiditas (Liquidity Coverage Ratio)
Individual
Report Date Position Report Date Position
(December 2023) (December 2022)
HQLA after haircut, HQLA after haircut,
No Components outstanding outstanding
Outstanding commitment and Outstanding commitment and
commitment and liabilities times commitment and liabilities times
liabilities/contractual run-off rate or liabilities/contractual run-off rate or
receivables contractual receivables contractual
receivables times receivables times
inflow rate inflow rate
1 Total data used in LCR calculation 63 Hari 65 Hari
HIGH QUALITY LIQUID ASSET (HQLA)
2 Total High Quality Liquid Asset (HQLA) 25,472,562 34,326,448
CASH OUTFLOW
3 Retail deposits and deposits from Micro and 28,324,260 2,418,719 27,692,595 2,243,874
Small Business customers, consist of:
a. Stable Deposit/Funding 8,274,145 413,707 10,507,708 525,385
b. Less stable deposit/funding 20,050,115 2,005,011 17,184,887 1,718,489
4 Wholesale Funding, consist of: 62,042,640 28,499,722 59,760,435 26,295,907
a. Operational deposit - - - -
b. Non operational deposit and/or Other Non 62,042,640 28,499,722 59,760,435 26,295,907
Operational liabilities
c. Marketable securities issued by bank - - - -
5 Secured funding - -
6 Other cash outflow (additional requirement), 132,744,281 5,464,957 128,430,924 5,137,937
consist of:
a. cash outflow from derivative transaction 1,632,859 1,632,859 1,209,567 1,209,567
b. cash outflow from additional liquidity - - - -
requirement
c. cash outflow from liquidation of funding - - - -
d. cash outflow from disbursement of loan 16,965,852 2,939,105 16,683,441 3,315,491
commitment and liquidity facilities
e. cash outflow from other contractual liabilities - - - -
related to placement of funds
f. cash outflow from other funding related to 113,553,396 300,819 110,233,754 308,717
contingency liabilities
g. other contractual cash outlow 592,173 592,173 304,162 304,162
7 TOTAL CASH OUTFLOW 36,383,398 33,677,717
ARUS KAS MASUK (CASH INFLOW)
8 Secured lending - - - -
9 Claims to counterparty 34,230,590 19,951,378 29,223,176 16,613,390
10 Other Cash Inflow 2,536,599 2,087,164 1,775,479 1,500,641
11 TOTAL CASH INFLOW 36,767,189 22,038,542 30,998,655 18,114,032
TOTAL ADJUSTED TOTAL ADJUSTED
VALUE1 VALUE1
12 TOTAL HQLA 25,472,562 34,326,448
13 TOTAL NET CASH OUTFLOWS 14,344,856 15,563,686
14 LCR (%) 177.57% 220.55%
Note:
Adjusted value is calculated after haircut, run-off rate, inflow rate, and HQLA components maximum limit, for example, the maximum limit of HQLA is Level 2B and
HQLA is Level 2, and the determined maximum limit of cash inflow that can be calculated in LCR.
208 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Risk Management
Konsolidasian
Report Date Position Report Date Position
(December 2023) (December 2022)
HQLA after haircut, HQLA after haircut,
outstanding outstanding
Outstanding commitment and Outstanding commitment and
commitment and liabilities times commitment and liabilities times
liabilities/contractual run-off rate or liabilities/contractual run-off rate or
receivables contractual receivables contractual
receivables times receivables times
inflow rate inflow rate
63 Hari 65 Hari
34,015,087 42,333,207
34,596,917 2,862,204 33,635,825 2,660,316
11,949,750 597,487 14,065,329 703,266
22,647,167 2,264,717 19,570,496 1,957,050
66,000,909 31,071,902 63,817,803 29,003,141
- - - -
66,000,909 31,071,902 63,817,803 29,003,141
- - - -
- -
132,744,281 5,464,957 128,430,924 5,137,937
1,632,859 1,632,859 1,209,567 1,209,567
- - - -
- - - -
16,965,852 2,939,105 16,683,441 3,315,491
- - - -
113,553,396 300,819 110,233,754 308,717
592,173 592,173 304,162 304,162
39,399,063 36,801,394
- - - -
34,586,956 20,277,037 29,478,127 16,838,631
2,536,599 2,087,164 1,775,479 1,500,641
37,123,555 22,364,200 31,253,606 18,339,272
TOTAL ADJUSTED TOTAL ADJUSTED
VALUE1 VALUE1
34,015,087 42,333,207
17,034,863 18,462,122
199.68% 229.30%
2023 ANNUAL REPORT PT BANK BTPN Tbk 209
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Risk Management
Analysis on the Calculation of the Obligation to All Bank HQLA is Level 1 HQLA in the form of cash and
Fulfill Liquidity Coverage Ratio cash equivalents, placements with Bank Indonesia, and
securities issued by the Government of the Republic of
Individual Analysis Indonesia or Bank Indonesia.
The Bank’s individual Liquidity Coverage Ratio (LCR)
at the end of quarter IV/2023 was noted at 177.57%, Consolidated Analysis
declined by 42.98% compared to 220.55% at the end The Bank’s LCR in consolidation with its subsidiaries at
of quarter IV/2022. This was due to a decrease in the the end of quarter IV/2023 was at 199.68%, dropped
average value of high quality liquid assets (HQLA) of Rp. by 29.62% compared to 229.30% at the end of quarter
8.85 trillion, greater than the decrease in the average IV/2022. The decline was due to a decrease in the
value of net cash outflows of Rp. 1.22 trillion. average HQLA value of Rp. 8.32 trillion, greater than the
decrease in the average value of net cash outflows of
The average value of cash outflows increased by Rp. Rp. 1.43 trillion.
2.71 trillion, while the average value of cash inflows was
Rp. 3.92 trillion. The increase in projected cash outflows The average value of cash outflows on a consolidated
was mainly due to corporate customers and other cash basis increased by RP. 2.6 trillion, while the average
outflows, while the decrease in projected cash inflows value of cash inflows on a consolidated basis
mainly came from bills to counterparties, derivative increased by Rp. 4.02 trillion. The increase in projected
transactions and other contractual claims. cash outflows mainly originated from the corporate
customers, while the increase in projected cash inflows
was mainly from the bills to counterparties.
Both the Bank as well as its subsidiaries consistently
maintained their compliance with the LCR provisions to
ensure liquidity resilience.
Bank Name : PT Bank BTPN Tbk (Individual)
Report Position : 31 December 2023
Table Individual Net Stable Funding Ratio (NSFR) Disclosure
Position of Report
(December 2023)
Carrying Value By Residual Maturity
No Component
Total
No Specified ≥6 Months-<1
<6 Months ≥1 Year Weighted
Maturity¹ Year
Value
ASF Component
1 Capital: 35,038,871 - - 2,976,753 38,015,624
2 Regulatory Capital as per POJK CAR 35,038,871 - - 2,976,753 38,015,624
3 Other capital instruments - - - - -
4 Retail deposits and deposits from micro and small 14,863,949 18,788,246 1,197,150 22,292 32,173,250
business customers:
5 Stable Deposits 11,546,222 4,072,652 112,043 10,134 14,954,505
6 Less Stable Deposits 3,317,728 14,715,594 1,085,108 12,158 17,218,745
7 Wholesale Funding: 26,211,600 45,977,465 5,167,282 26,051,285 44,493,415
8 Operational deposits - - - - -
9 Other wholesale funding 26,211,600 45,977,465 5,167,282 26,051,285 44,493,415
10 Liabilities with matching interdependent assets - - - - -
11 Other liabilities and equity: 3,950,401 3,385,827 5,019 - -
12 NSFR derivative liabilities - - -
13 All other liabilities and equity not included in the above 3,950,401 3,385,827 5,019 - -
categories
14 Total ASF 114,682,289
210 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Risk Management
Position of Report
(December 2022)
Carrying Value By Residual Maturity
Total
No Specified ≥6 Months-<1
<6 Months ≥1 Year Weighted
Maturity¹ Year
Value
33,386,507 - - 3,113,500 36,500,007
33,386,507 - - 3,113,500 36,500,007
- - - - -
14,251,120 22,017,863 410,418 8,294 33,638,758
11,120,265 1,215,657 44,131 2,752 11,763,802
3,130,855 20,802,206 366,287 5,543 21,874,956
23,116,175 46,380,145 2,306,108 39,515,864 60,836,693
- - - - -
23,116,175 46,380,145 2,306,108 39,515,864 60,836,693
- - - - -
3,332,671 2,181,039 42,139 - -
- - -
3,332,671 2,181,039 42,139 - -
130,975,459
2023 ANNUAL REPORT PT BANK BTPN Tbk 211
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Risk Management
Position of Report
(December 2023)
Carrying Value By Residual Maturity
No Component
Total
No Specified ≥6 Months-<1
<6 Months ≥1 Year Weighted
Maturity¹ Year
Value
RSF Component
15 Total NSFR HQLA 373,074
16 Deposits held at other financial institutions for operational 986,169 - - - 493,085
purposes
17 Performing loans and securities - 59,077,657 12,801,728 69,205,665 92,946,676
18 to financial institutions secured by Level 1 HQLA - - - - -
19 to financial institutions secured by - 8,605,850 2,614,163 10,478,776 13,076,735
non-Level 1 HQLA and unsecured performing loans to
financial institutions
20 to non- financial corporate clients, retail and small - 46,800,963 10,187,565 56,838,889 76,807,320
business customers, government of Indonesia, other
sovereigns, Bank Indonesia, other central banks and
pubic service entities, of which:
21 meet the criteria for risk weight of less than or equal - 2,585,000 - 1,888,000 2,519,700
to 35% under OJK circular letter regarding credit
risk RWA
22 Unpledged residential mortgages, of which: - - - - -
23 meet the criteria for risk weight of less than or equal - - - - -
to 35% under OJK circular letter regarding credit
risk RWA
24 Securities that are unpledged, not in default and do not - 1,085,844 - - 542,922
qualify as HQLA, including exchange-traded equities
25 Assets with matching interdependent liabilities - - - - -
26 Other assets: 6,464,444 2,488,787 51,572 5,826,453 12,768,896
27 Physical traded commodities, including gold - -
28 Cash, securities and other assets posted as initial - - - -
margin for derivative contracts or contributions to
default funds of central counterparty (CCPs)
29 NSFR derivative assets 61,045 - - 61,045
30 NSFR derivative liabilities before deduction of variation 214,421 - - 214,421
margin posted
31 All other assets not included in the above categories 6,464,444 2,213,321 51,572 5,826,453 12,493,430
32 Off-balance sheet items 14,976,909 47,728,850 59,250,506 837,928
33 Total RSF 107,419,659
34 Net Stable Funding Ratio (%) 106.76%
¹ Components that shall be reported under termless category are components that do not have a contractual period, including:
Perpetual capital instruments, short position, open maturity position, current accounts, and equities that do not fall under HQLA and commodity categories.
212 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Risk Management
Position of Report
(December 2022)
Carrying Value By Residual Maturity
Total
No Specified ≥6 Months-<1
<6 Months ≥1 Year Weighted
Maturity¹ Year
Value
461,375
2,192,886 - - - 1,096,443
- 54,699,891 14,648,025 63,293,890 86,510,090
- - - - -
- 8,811,906 3,206,981 9,468,536 12,393,813
- 42,928,571 11,441,044 52,326,413 71,662,258
- 875,000 - 1,498,941 1,411,812
- - - - -
- - - - -
- 2,084,414 - - 1,042,207
- - - - -
5,749,886 2,608,192 115,270 5,838,815 12,384,368
- -
- - - -
299,088 299,088 299,088 299,088
289,547 289,547 289,547 289,547
5,749,886 2,019,557 115,270 5,838,815 11,795,733
118,081,135 118,081,135 118,081,135 975,017
101,427,293
129.13%
Individual NSFR Analysis The largest portion of RSF was in the form of loans in
current and special mention (performing) categories at
Individual Analysis (Audited) 86.53% and other assets at 11.89% of the total RSF.
The Bank’s individual Net Stable Funding Ratio (NSFR) Meanwhile, the composition of the RSF based on the
at the end of quarter IV/2023 was 106.76%, declined largest remaining term consists of assets with a tenor
by 22.37% compared to 129.13% at the end of quarter of ≥ 1 year at 61.92% and assets with a tenor of < 6
IV/2022. This decrease was due to the decrease in months at 25.44% of the total RSF.
Available Stable Funds (ASF) of Rp. 16.29 trillion, and
an increase in Required Stable Funds (RSF) of Rp. 5.99 The Bank always monitor and maintain its compliance
trillion. with NSFR and include aspects of funding sources and
tenors in determining the Bank’s funding strategy
The largest portion of ASF was funding from corporate
customers at 38.80%, capital at 33.15% and deposits
originating from individual customers at 28.05% of
the total ASF. Meanwhile, the largest composition of
ASF based on the remaining term comes from funding
without term of 42.72%, tenor < 6 months of 28.75%
and tenor of ≥ 1 year of 25.33% of the total ASF.
2023 ANNUAL REPORT PT BANK BTPN Tbk 213
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Risk Management
Bank Name : PT Bank BTPN Tbk (Consolidate)
Report Position : 31 December 2023
Table Consolidated Net Stable Funding Ratio (NSFR) Disclosure
Position of Report
(December 2023)
Carrying Value By Residual Maturity
No Component
Total
No Specified ≥6 Months-<1
<6 Months ≥1 Year Weighted
Maturity¹ Year
Value
ASF Component
1 Capital: 43,866,014 - - 2,976,753 46,842,767
2 Regulatory Capital as per POJK CAR 43,866,014 - - 2,976,753 46,842,767
3 Other capital instruments - - - - -
4 Retail deposits and deposits from micro and small 17,592,085 23,491,113 1,202,637 22,292 39,114,023
business customers:
5 Stable Deposits 14,110,421 6,461,630 117,529 10,134 19,665,235
6 Less Stable Deposits 3,481,663 17,029,484 1,085,108 12,158 19,448,788
7 Wholesale Funding: 26,594,842 50,299,978 5,167,282 26,051,285 45,650,072
8 Operational deposits - - - - -
9 Other wholesale funding 26,594,842 50,299,978 5,167,282 26,051,285 45,650,072
10 Liabilities with matching interdependent assets - - - - -
11 Other liabilities and equity: 4,302,310 3,385,827 5,019 - -
12 NSFR derivative liabilities - - -
13 All other liabilities and equity not included in the above 4,302,310 - - - -
categories
14 Total ASF 131,606,862
RSF Component
15 Total NSFR HQLA 546,690
16 Deposits held at other financial institutions for operational 993,288 - - - 496,644
purposes
17 Performing loans and securities - 65,146,726 19,255,635 72,637,899 100,302,427
18 to financial institutions secured by Level 1 HQLA - - - - -
19 to financial institutions secured by - 8,854,220 2,618,823 10,483,218 13,120,762
non-Level 1 HQLA and unsecured performing loans to
financial institutions
20 to non- financial corporate clients, retail and small - 51,766,480 16,618,812 60,026,447 83,466,243
business customers, government of Indonesia, other
sovereigns, Bank Indonesia, other central banks and
pubic service entities, of which:
21 meet the criteria for risk weight of less than or equal - 2,585,000 - 1,888,000 2,519,700
to 35% under OJK circular letter regarding credit
risk RWA
22 Unpledged residential mortgages, of which: - - - - -
23 meet the criteria for risk weight of less than or equal - - - - -
to 35% under OJK circular letter regarding credit
risk RWA
24 Securities that are unpledged, not in default and do not - 1,941,027 18,000 240,234 1,195,722
qualify as HQLA, including exchange-traded equities
25 Assets with matching interdependent liabilities - - - - -
26 Other assets: 6,464,444 2,488,787 51,572 6,532,559 13,475,003
27 Physical traded commodities, including gold - -
28 Cash, securities and other assets posted as initial - - - -
margin for derivative contracts or contributions to
default funds of central counterparty (CCPs)
29 NSFR derivative assets 61,045 - - 299,088
30 NSFR derivative liabilities before deduction of variation 214,421 - - 289,547
margin posted
31 All other assets not included in the above categories 6,464,444 2,213,321 51,572 6,532,559 13,199,537
32 Off-balance sheet items 14,976,909 47,728,850 59,250,506 837,928
33 Total RSF 115,658,692
34 Net Stable Funding Ratio (%) 113.79%
¹ Components that shall be reported under termless category are components that do not have a contractual period, including:
Perpetual capital instruments, short position, open maturity position, current accounts, and equities that do not fall under HQLA and commodity categories.
214 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Risk Management
Position of Report
(December 2022)
Carrying Value By Residual Maturity
Total
No Specified ≥6 Months-<1
<6 Months ≥1 Year Weighted
Maturity¹ Year
Value
41,846,055 - - 3,113,500 44,959,555
41,846,055 - - 3,113,500 44,959,555
- - - - -
16,770,121 26,584,991 416,815 8,317 40,262,737
13,569,949 3,573,253 50,528 2,774 16,336,817
3,200,172 23,011,738 366,287 5,543 23,925,920
23,566,102 50,986,193 2,306,108 39,515,864 61,967,627
- - - - -
23,566,102 50,986,193 2,306,108 39,515,864 61,967,627
- - - - -
4,067,749 2,181,039 42,139 - -
- - -
4,067,749 - - - -
147,189,919
619,097
2,204,223 - - - 1,102,112
- 60,606,767 20,892,291 66,769,828 93,824,523
- - - - -
- 9,042,406 3,224,756 9,510,467 12,479,206
- 48,071,866 17,436,990 55,656,469 78,408,985
- 875,000 - 1,498,941 1,411,812
- - - - -
- - - - -
- 2,617,495 230,545 103,951 1,524,521
- - - - -
5,749,886 2,608,192 115,270 7,008,777 13,554,330
- -
- - - -
299,088 299,088 299,088 299,088
289,547 289,547 289,547 289,547
5,749,886 2,019,557 115,270 7,008,777 12,965,695
118,101,167 118,101,167 118,101,167 975,017
110,075,079
133.72%
2023 ANNUAL REPORT PT BANK BTPN Tbk 215
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Risk Management
Consolidated NSFR Analysis periodically reports the conditions and development of
liquidity key risk indicators in the meetings of the ALCO
Consolidated Analysis (Audited) Committee with the Risk Management Committee
The Bank’s consolidated NSFR at the end of quarter (KMR). The Risk Management Directorate, through the
IV/2023 was 113.79%, decreased by 19.93% compared Market and Liquidity Risk Management Unit, conducts
to 133.72% at the end of quarter IV/2022. This was due monitoring of liquidity risk indicators, sources, and the
to a decrease in ASF by Rp. 15.58 trillion, while RFS result of funding and position of liquidity. This includes
was increased by Rp. 5.58 trillion. the strategy for determining interest rates and changes
in customer behavior, including the change in the
Capital contributed the largest portion of ASF with structure and volatility of funding sources.
35.59%, funding from corporate customers totaled
34.69%, and deposits from individual customers For each certain breach or risk event, liquidity risk
reached 29.72%. Meanwhile, the largest composition of management unit communicates and requests for
ASF based on the remaining period came from funding follow-up from the related business unit, including
without term at 45.90%, tenor < 6 months at 29.24% forwarding the matter to the higher level of
and tenor of ≥ 1 year at 22.07% of the total ASF. management. The current information system can
provide information on liquidity conditions daily for the
The largest portion of RSF was in the form of loans in requirements in liquidity risk measurement, monitoring,
current and special mention (performing) categories and control processes.
reaching 86.72% and other assets at 11.65% of the
total RSF. Meanwhile, the RSF composition based on Internal Constrol System on Liquidity Risk
the largest remaining term consisted of assets with a Monitoring of liquidity risks is conducted by ALCO and
tenor of ≥ 1 year at 60.75% and a tenor < 6 months at the Risk Management Committee. Management of
24.88% of the total RSF. liquidity risk is also performed by preparing contingency
funding plans in anticipation of a bad liquidity condition
Both the Bank and its subsidiaries constantly check and arising.
keep their level of compliance with the NSFR and note
the items of funding sources and tenors in setting out The Internal Control System has effectively supported
the Bank’s funding strategy. the implementation of Liquidity Risk Management.
Internal Audit has also carried out periodic audits
Management of liquidity risks is conducted by reporting on the adequacy of policies, procedures, applicable
the results from monitoring the Early Warning Indicators transaction limit and tolerance, as well as compliance
and Liquidity Risk Limit on a daily basis. The Bank also of each related party in accordance with what has been
set in the Bank’s audit plan.
Risk Monitoring Committee
Risk Management Committee (RMC)
and/or Asset & Liabilities Committee (ALCO)
2nd line defense
1st line defense Risk Management 3rd line defense
Line Manager (Market & Liquidity Risk Management/ Internal Audit
MLRM)
Funding Strategy Policy
In anticipation of potential liquidity pressures, Bank and its Subsidiaries have prepared adequate funding strategies
and liquidity reserves. These policies are tailored to operational needs and liquidity profiles to ensure compliance with
relevant regulations.
216 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Risk Management
BTPN’s Rupiah and Foreign Currency Contractual The Bank also has systems and limits in place to
Maturity Profile support general and specific controls, such as
The maturity profile is projected on the remaining term segregation of duties, mandatory annual leave,
based on the contractual date of certain assets and reconciliation, and others.
liabilities. Historically, most of the deposits are extended
at maturity date as affected by customers’ behavior and Adequacy of Operational Risk Management
the level of trust towards the Bank and Subsidiaries. To Processes
manage liquidity risk under such conditions, the Bank The operational risk management process, including
and Subsidiaries determine the appropriate strategy and identification, measurement, monitoring, and control
the amount of cash and liquid assets required to hold, of risks, is conducted in a structured and consistent
which may be liquidated or used as collaterals in the manner. The Operational Risk Management process at
event there is an urgent need for liquidity. the Bank is based on effective best practices.
Liquidity Risk Measurement and Control and The stages of the operational risk management process,
Stress Testing including identification, measurement, monitoring, and
The Bank measures and monitors liquidity risk control of operational risks, are as follows:
indicators to identify potential liquidity problems 1. Operational risks are assessed across all
through the Early Warning Indicators/EWI, which processes, products, services, systems, initiatives,
monitor the level of rollover, funding concentration, the and organizational structures, including new or
Bank’s public rating, money market liquidity level, and modified ones. Operational risk identification is also
fulfillment of regulatory ratio. The Bank also structurally facilitated through operational risk management
measures liquidity risk using the liquid instrument tools such as the Risk Grading Matrix (RGM),
adequacy ratio, Macroprudential Intermediation Ratio Process Risk Control (PRC), Key Risk Indicator
(RIM), outflow calculation, and stress testing. (KRI), and Risk Acceptance (RA).
2. The process of measuring operational risks
D. Operational Risk includes self-assessment activities through Key
Operational risk is defined as the risk resulting from Control Self-Assessment (KCSA), analysis of
inadequacy or failure of internal processes, human error, operational risk incidents and losses, internal
system failure, or external events affecting the Bank’s control and risk function (ICR) audits, measurement
operational activities. of KRIs and Operational Risk Appetite (ORA)
reported regularly at Risk Management Committee
Operational Risk Management Governance (RMC) meetings.
The Board of Commissioners and the Board of 3. Operational risk monitoring involves reporting to
Directors actively oversee operational risk management senior management and regulators, both regularly
through the Risk Monitoring Committee and the Risk and ad-hoc, including reporting significant incidents
Management Committee. Monitoring is carried out through SINP (Significant Incident Notification
periodically according to their respective terms of Protocol). This is done to ensure prompt follow-up
reference to discuss operational risks. on any issues that arise.
4. Operational risk control is also carried out by
The Operational and Fraud Risk Management (OFRM) implementing effective prevention, detection, and
unit, at the Division level within the Risk Management correction mechanisms and/or providing adequate
Directorate, is responsible for implementing Operational insurance to minimize operational losses for the
Risk Management in the Bank, with the Division Head Bank. As one control measure, the Bank has
reporting directly to the Head of Risk Management. comprehensive Business Continuity Management
(BCM) guidelines.
Adequacy of Policies, Procedures, and Setting
Limits
The OFRM unit is responsible for developing and
implementing operational risk management, BCM
(Business Continuity Management), ICR (Internal Control
& Risk) Function, and fraud policies and procedures,
which are periodically reviewed considering any
significant changes, both internally and externally.
Every unit must adhere to operational risk management
policies and procedures in its daily operations.
2023 ANNUAL REPORT PT BANK BTPN Tbk 217
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Risk Management
The implementation of the Internal Control & Risk The Bank has adequate policies and procedures for
System (ICRS) application serves as a database for anti-fraud strategies and continually improves them.
operational risk and fraud management and is expected Fraud risk management is systematically conducted
to provide accurate, timely, and up-to-date information through various processes and strategies.
to facilitate analysis and decision-making.
Regarding fraud risk prevention processes, the Bank
The calculation of the Minimum Capital Provision conducts anti-fraud awareness programs for all
Requirement (KPMM) for operational risk by the employees and requires the signing of integrity pacts by
Bank uses the standard approach and complies with the Board of Directors, Board of Commissioners, and
regulatory requirements. all Bank employees. Adjustments to anti-fraud strategy
management policies and procedures are periodically
The Bank and its Subsidiaries have comprehensive made to ensure they remain relevant. Additionally, risk
business continuity management guidelines based on assessments are conducted on every product, service,
ISO 22301 industry standards, aimed at anticipating process, system, and initiative, both new and existing.
potential operational risks arising from extreme/critical
situations caused by natural disasters such as floods, Anti-fraud awareness is disseminated through various
earthquakes, volcanic eruptions, as well as other factors channels, including e-newsletters, email broadcasts,
such as demonstrations, fires, disruptions to the power desktop/laptop wallpapers, BTPN Info, animated anti-
supply system, pandemics, and unfavorable business fraud videos, mandatory anti-fraud e-learning, in-class
conditions. This is to ensure continuity of service to or virtual training for employees. Furthermore, there is a
customers. whistleblowing service at the Bank that can be used to
report suspected fraudulent activities.
Internal Control System for Operational Risk
Internal control over operational risk is conducted The Bank also provides various awareness campaigns
through the implementation of the three lines of defense to third parties, including customers and vendors
model. In the first line of defense, the Risk Taking Unit cooperating with the Bank, including conducting virtual
(RTU) assisted by the Business Risk (ICR) Function training on anti-fraud and Entertainment & Gift policies
manages operational risks on a daily basis. In the for vendors regularly to assist the Bank in maintaining
second line of defense, the OFRM unit is responsible good corporate governance.
for overseeing the implementation of risk management
processes according to established policies. In line with the existing anti-fraud strategy, the Bank
continuously communicates fraud reporting through
In the third line of defense, Internal Audit whistleblowing channels as one of the fraud detection
independently examines and evaluates governance media, periodically communicated to all employees
and the effectiveness of operational risk management. through various internal Bank media. Employees can
Alignment between responsible parties for Bank’s report any misconduct through channels such as email
internal control practices is continuously conducted (Ayo Lapor), WhatsApp, telephone, letter, or face-to-
through standardized ICR maturity self-assessment face meetings.
and forums organized by the OFRM unit to facilitate the
Internal Control & Risk function. The Bank has adequate policies regarding the
investigation process and reporting of fraudulent
Fraud Risk Management incidents. For every proven fraud case, the Fraud
The Bank maintains a zero-tolerance policy towards Committee decides on sanctions, involving relevant
any fraudulent activity. The Bank consistently follows departments, Business Risk/ICR, Human Resources,
up on every fraudulent incident, including imposing and OFRM units. The implementation of Fraud
sanctions on employees involved in fraudulent activities, Committee decisions is monitored and evaluated
in accordance with applicable regulations, including periodically to determine future improvement efforts.
reporting to the authorities if necessary.
218 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Risk Management
Table of Quantitative Disclosure of Operational Risk - Bank Individual
(in million rupiah)
31 December 2023 31 December 2022
No Approach Used Gross Income Gross Income
Capital Capital
(average 3 RWA (average 3 RWA
Charge Charge
years) years)
(1) (2) (3) (4) (5) (6) (7) (8)
1 Basic Indicator Approach 8,624,711 1,293,707 16,171,334
2 Standard Approach 818,034 818,034 10,225,432
Total 818,034 818,034 10,225,432 8,624,711 1,293,707 16,171,334
Table of Quantitative Disclosure of Operational Risk - Bank Consolidated with Subsidiary
(in million rupiah)
31 December 2023 31 December 2022
No Approach Used Gross Income Gross Income
Capital Capital
(average 3 RWA (average 3 RWA
Charge Charge
years) years)
(1) (2) (3) (4) (5) (6) (7) (8)
1 Basic Indicator Approach 12.435.609 1.865.341 23.316.768
2 Standard Approach 840.067 840.067 10.500.841
Total 840.067 840.067 10.500.841 12.435.609 1.865.341 23.316.768
Historical Loss Data Report - Bank as Individual
Business Indicator
Average
No (BI) and T T-1 T-2 T-3 T-4 T-5 T-6 T-7 T-8 T-9
10 Years
component BI
Minimum limit of an operational loss event of Rp300,000,000.00 (three hundred million Rupiahs) or more
1 Total net operating loss 0.00 8,204.00 5,591.00 18,623.00 17,250.00 3,000.00 14,075.00 6,230.00 22,621.00 6,616.00 10,221.00
after calculating the
recovery value (without
exception) )
2 Total occurrence of 0.00 9.00 7.00 13.00 4.00 7.00 9.00 5.00 17.00 10.00 8.10
operational risk loss
3 Total excluded 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
operational risk loss
4 Total occurrence of 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
excluded operational
risk loss
5 Total net operating 0.00 8,204.00 5,591.00 18,623.00 17,250.00 3,000.00 14,075.00 6,230.00 22,621.00 6,616.00 10,221.00
loss after calculating
the recovery value and
excluded operational
risk losses
2023 ANNUAL REPORT PT BANK BTPN Tbk 219
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Risk Management
Business Indicator
Average
No (BI) and T T-1 T-2 T-3 T-4 T-5 T-6 T-7 T-8 T-9
10 Years
component BI
Minimum limit of an operational loss event of Rp1,500,000,000.00 (one billion Rupiahs) or more
6 Total net operating loss
after calculating the
recovery value (without
exception)
7 Total occurrence of
operational risk loss
8 Total excluded
operational risk loss
9 Total occurrence of
excluded operational
risk loss
10 Total net operating
loss after calculating
the recovery value and
excluded operational
risk losses
Details of capital calculation for operational risks
11 Are losses used in Y
calculating the Internal
Loss Multiplier (ILM)?
(Yes/No)
12 If line 11 answer is
‘No’, is the internal loss
data not use because
of a discrepancy of the
minimum standards for
loss data? (Yes/No))
13 Threshold used in 300,000,000.00
calculating capital for
operational risks (in
Rupiah full amount)
14 Other information
(if any
Historical Loss Data Report - Bank Consolidated with Subsidiaries
Business Indicator
Average
No (BI) and T T-1 T-2 T-3 T-4 T-5 T-6 T-7 T-8 T-9
10 Years
component BI
Minimum limit of an operational loss event of Rp300,000,000.00 (three hundred million Rupiahs) or more
1 Total net operating loss 0,00 8.204,00 6.408,00 22.066,00 17.879,00 3.000,00 14.075,00 6.451,00 22.621,00 6.616,00 10.732,00
after calculating the
recovery value (without
exception) )
2 Total occurrence of 0,00 9,00 9,00 17,00 5,00 7,00 9,00 6,00 17,00 10,00 8,90
operational risk loss
3 Total excluded 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00
operational risk loss
4 Total occurrence of 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00
excluded operational
risk loss
5 Total net operating 0,00 8.204,00 6.408,00 22.066,00 17.879,00 3.000,00 14.075,00 6.451,00 22.621,00 6.616,00 10.732,00
loss after calculating
the recovery value and
excluded operational
risk losses
220 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Risk Management
Business Indicator
Average
No (BI) and T T-1 T-2 T-3 T-4 T-5 T-6 T-7 T-8 T-9
10 Years
component BI
Minimum limit of an operational loss event of Rp1,500,000,000.00 (one billion Rupiahs) or more
6 Total net operating loss
after calculating the
recovery value (without
exception)
7 Total occurrence of
operational risk loss
8 Total excluded
operational risk loss
9 Total occurrence of
excluded operational
risk loss
10 Total net operating
loss after calculating
the recovery value and
excluded operational
risk losses
Details of capital calculation for operational risks
11 Are losses used in Y
calculating the Internal
Loss Multiplier (ILM)?
(Yes/No)
12 If line 11 answer is
‘No’, is the internal loss
data not use because
of a discrepancy of the
minimum standards for
loss data? (Yes/No))
13 Threshold used in 300.000.000,00
calculating capital for
operational risks (in
Rupiah full amount)
14 Other information
(if any
Business Indicator Detailed Report - Bank as Individual
No Business Indicator (BI) and component BI T T-1 T-2
1 Interest, Rent and Dividend Components 4,312,213.26
2 Interest Income 15,927,827.25 16,267,158.42 19,738,939.09
3 Interest Expense 10,116,921.64 10,232,246.31 13,484,908.83
4 Earning Assets 192,461,754.90 178,257,181.26 170,748,504.35
5 Dividend Income 332,993.33 177,957.77 242,671.27
6 Services Components 1,733,884.79
7 Fees and Commission Income 801,571.39 797,385.36 630,183.52
8 Fees and Commission Expenses 59,689.33 44,592.61 89,402.95
9 Other Operating Income 897,094.94 1,200,424.96 874,994.19
10 Other Operating Expenses 306,305.13 378,744.77 373,812.36
11 Financial Components (KK) 770,856.99
12 Net Profit Loss Trading Book 218,426.42 66,288.86 29,925.12
13 Net Profit Loss Banking Book 598,865.24 700,038.92 699,026.42
14 Business Indicator (BI) 6,816,955.04
15 Business Indicator Components (KIB) 818,034.60
16 Business Indicator Disclosure
17 Total BI including divested activities 6,816,955.04
18 BI reduction due to the exclusion of divested activities 0.00
19 Additional information
2023 ANNUAL REPORT PT BANK BTPN Tbk 221
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Risk Management
Business Indicator Detailed Report - Bank Consolidated with Subsidiaries
No Business Indicator (BI) and component BI T T-1 T-2
1 Interest, Rent and Dividend Components 4,458,825.09
2 Interest Income 21,305,383.61 16,640,341.11 23,782,766.10
3 Interest Expense 10,643,253.81 6,489,976.78 14,151,568.78
4 Earning Assets 212,910,543.69 195,796,975.12 185,802,141.61
5 Dividend Income 0.90 2.30 4.72
6 Services Components 1,769,602.97
7 Fees and Commission Income 802,922.56 797,996.36 633,443.92
8 Fees and Commission Expenses 59,692.84 44,592.61 89,402.95
9 Other Operating Income 957,952.08 1,222,491.18 894,002.81
10 Other Operating Expenses 372,568.33 409,102.52 415,775.52
11 Financial Components (KK) 772,132.99
12 Net Profit Loss Trading Book 218,426.42 66,288.86 29,925.12
13 Net Profit Loss Banking Book 602,693.24 700,038.92 699,026.42
14 Business Indicator (BI) 7,000,561.05
15 Business Indicator Components (KIB) 840,067.33
16 Business Indicator Disclosure
17 Total BI including divested activities 7,000,561.05
18 BI reduction due to the exclusion of divested activities 0.00
19 Additional information
Operational Risk RWA Calculation Report using the standardized approach Bank Individually
No Details T Column Validation
1 Business Indicator Components (BIC) 818,034.60
2 Internal Loss Multiplier Factor (ILM) 1
3 Operational Risk Minimum Capital (ROC) 818,034.60
4 RWA for Operational Risks 10,225,432.50
Operational Risk RWA Calculation Report using the standardized approachBank Consolidated with Subsidiaries
No Details T Column Validation
1 Business Indicator Components (BIC) 840,067.33
2 Internal Loss Multiplier Factor (ILM) 1
3 Operational Risk Minimum Capital (ROC) 840,067.33
4 RWA for Operational Risks 10,500,841.63
The Implementation Report of Risk Management for Operational Risk can be viewed on page 376 according to
SEOJK Number 6/SEOJK.03/2020 concerning the Calculation of Weighted Assets for Operational Risk using the
Standardized Approach for Commercial Banks.
Information Technology and Cyber Security Risks
Risks associated with the use of Information Technology (IT) and cyber security may arise due to IT failures or cyber
attacks.
222 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Risk Management
The management process of IT usage risks and Cyber 2. Measurement of IT Operational Risks includes
Security risks (including Information Security risk conducting measurements considering risk
management) at the Bank is coordinated and managed ratings, performance measurements, system
by the Cyber Security Risk Management (CSRM) unit, and infrastructure capacity planning, information
which reports directly to the Risk Management Head. security risk measurements using established
Additionally, there is active oversight of IT usage criteria and rankings, as well as measuring each
risks and cyber security conducted by the Board of loss event that occurs. The process of measuring
Commissioners and the Board of Directors at every IT Operational Risks utilizes risk management
stage of IT resource usage and management, through tools such as Key Control Self-Assessment
updates and periodic reporting by the CSRM team (KCSA), internal audits by Internal Control & Risk
regarding the Bank’s current IT usage and cyber (ICR), measurement of KRIs and Operational Risk
security risk conditions. At present, the Bank also Appetite (ORA) reported to the Risk Management
has an IT Usage Policy and released a Cyber Security Committee (KMR) regularly.
Risk Management Policy in 2023, which includes a 3. Monitoring of IT Operational Risks is carried
framework and standards for implementing cyber out through the implementation of follow-up
security at the Bank. Furthermore, the Bank has action plan monitoring, clarity of accountability
formulated and established profiles and risk levels and responsibility, as well as periodic reporting
related to IT management and is in the process of using tools such as the risk management system
reviewing and updating the profiles and Cyber Security (Internal Control & Risk System (ICRS)) and through
risk levels. Monitoring of the profile and risk levels is reporting significant incidents through SINP
conducted through risk management tools such as Risk (Significant Incident Notification Protocol).
Appetite and KRIs. 4. Control of IT Risks includes conducting evaluations
and testing of Disaster Recovery Plans (DRP),
The CSRM unit is responsible for creating, developing, implementing Internal Audit IT functions by
and implementing reviews and updates of cyber Internal Audit and external auditors as needed,
security risk management policies and procedures, implementing continuous quality assurance and
which are periodically reviewed to incorporate any self-assessment processes, and providing timely
necessary changes. Additionally, the CSRM unit reviews and accurate reporting obligations to the Financial
the adequacy of IT-related policies and procedures Services Authority (OJK) guided by current
to ensure compliance with current risk management regulations.
processes at the Bank.
As for the Cyber Security risk management process,
Every unit must adhere to cyber security policies it includes the implementation of processes such as
and procedures as well as IT-related policies and Identification, Protection, Detection, Response and
procedures in their daily operations. Reporting, and Recovery, which can be implemented
through the establishment, implementation, and
The IT and Cyber Security risk management process periodic review of frameworks, policies, and strategies
includes identification, measurement, monitoring, for Bank’s cyber security risk management adjusted to
and control of risks conducted in a structured applicable regulations and the Bank’s business needs,
and consistent manner. The stages of the IT risk conducting assessments of inherent cyber security
management process include the implementation of risks and cyber security risk levels. Additionally, the
identification, measurement, monitoring, and control of Bank applies cyber security maturity assessments and
IT operational risks, including: also assesses the Bank’s cyber security risk levels
1. Identification of IT Operational Risks is conducted periodically, as well as reports on the results of cyber
for IT processes/products/services through security risk management implementation and cyber
processes such as determining IT operational risk security incidents to stakeholders such as regulators,
levels, risk registration, risk assessment studies, the group, etc., as required.
and others. The risk identification process is also
complemented by the use of risk management
tools such as asset registers, Risk Grading Matrix
(RGM), Process Risk Control (PRC), Key Risk
Indicator (KRI), Operational Risk Assessment (ORA),
and Risk Acceptance.
2023 ANNUAL REPORT PT BANK BTPN Tbk 223
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Risk Management
The Bank has also implemented and obtained ISO E. Legal Risk
27001 information security certification covering the Legal risk is a risk that occurs due to lawsuits and/or
Bank’s main payment systems to improve the Bank’s flaws in the judicial aspect. The management of legal
security standards and to minimize information security risk aims at ensuring that the legal risk management
risks that may occur at the Bank. process can minimize the possibilities of negative
impact from judicial weakness, absence, and/or
Internal controls over IT and cyber security risks are changes in the laws and regulations, as well as in the
carried out through the implementation of the three litigation process.
lines of defense model. In the first line of defense, the
Risk-Taking Unit (RTU) assisted by the Business Risk Legal Risk Management Framework
(ICR) Function manages operational risks on a daily The Legal and Litigation Division is directly under
basis. In the second line of defense, the CSRM unit the supervision of the Director of Compliance, as an
is responsible for overseeing the implementation of independent Director, so as to not supervise business
risk management processes according to established and operational units, treasury, finance, internal audit,
policies. In the third line of defense, Internal Audit and others. For this reason, the Legal and Litigation
independently ensures that remaining risks (residual Division independently provides legal opinion by taking
risks) are within the tolerable limits set by the Bank. into consideration of the provisions and laws, and
regulations applicable in Indonesia without the influence
Alignment between responsible parties for Bank’s of other work units.
internal control practices is continuously conducted
through standardized ICR maturity self-assessment The Legal and Litigation also provide legal services,
and forums organized by the CSRM unit to facilitate the both in writing and/or verbal in the form of legal opinion,
Internal Control & Risk function, as well as through the legal document review, legal document drafting, legal
implementation of Bank’s inherent risk assessments information research, and legal assistance. Furthermore,
and the level of maturity of cyber security risk related to it also provides litigation legal assistance and/or
Bank’s cyber security risk management. settlement of legal disputes with the Alternative Dispute
Resolution (ADR) mechanism.
Organizational Structure of Legal Risk Management
Compliance Director
General Counsel
Legal Function Legal Function
Transaction
Litigation Head Legal Head in Business in Retail
Legal
Banking Banking
Sr. Legal Legal Policy &
Litigation Sr. Litigation Legal Counsel
Counsel Support
224 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Risk Management
Adequacy of Policies, Procedures, and Limit F. Strategic Risk
Setting Strategic risk is a risk that occur due to inaccurate
The Legal and Litigation Division retains the policies, decision making and/or implementation of a strategic
procedures, and limitations of the authority of its work decision as well as a failure in anticipating changes in
function so that implementation of its duties is directed business environment, inability to execute a strategic
in accordance with applicable regulations. Reviews decision, or a combination of all the above. This risk
of legal risk are conducted by the Legal & Litigation also covers the Bank’s ability to create competitive
Division on material transactions so that legal risks advantages in this increasingly competitive banking
that may arise can be mitigated at the beginning of the industry. The inability to face these business challenges,
transaction, for example, the use of standard agreement which continue to change from time to time, may result
draft. in the failure to achieve the set goals.
Adequacy of Risk Identification, Measurement, Strategic Risk Management Framework
Monitoring, and Control, and Risk Management The Strategic Risk Work Unit plays the role of managing
Information System strategic risks and is under the active supervision of the
The Bank ensures the adequacy of risk identification, Board of Commissioners and the Board of Directors.
measurement, monitoring, and control processes, as The strategic risk work unit covers all lines of business
well as the risk management information system to and supporting units that work together with the
prevent possible litigation or legal suits. This process is Investor Relations Division and Finance Directorate in
conducted by a legal organization, namely in the form analyzing and monitoring strategic risks.
of actions to prevent and/or minimize the possibilities of
future legal risks. The Banking business growth in the future is closely
related to strategic decision making by the Bank.
The legal risk management process is carried out Therefore, the Bank always strives to improve the
through the following course: quality of strategic risk management, so that risks
1. Formulation of policies and/or prior to the arising from inaccuracy in making and implementing
implementation of transaction/commitment up the strategic decisions, as well as failure to anticipate
settlement of legal matter that occurred. changes in the business environment can be minimized
2. Reviewing the legal aspect on products and/or or avoided.
implementation of the Bank’s transactions and
services. The Bank continuously reviews strategic issues that
3. Professional legal handling process by taking into arise due to changes in business operations and the
consideration of potential losses. environment that pose a negative impact on the Bank’s
business or financial conditions. All implementation
Internal Control System on Legal Risks of strategies is developed periodically following
A comprehensive internal control system in the risk assessment and adjustments.
management process is conducted through active
supervision from the Board of Directors and the Board Adequacy of Policies, Procedures, and Limit
of Commissioners on the Bank’s legal cases through Setting
such mechanisms as follows: The Bank retains the policies and procedures
1. Weekly Case Report to the Compliance Director; that regulate the formulating and compiling of the
2. Regulation Socialization Monthly Report to Bank’s Business Plan, which includes reviews on
Compliance Director; strategic directions and key activities to support the
3. Monthly Case Report to the General Counsel, implementation of planned strategies. Strategic Risk
Director of Compliance and the Board of Management Policy covers the following:
Commissioners. 1. Policy related to strategic risks as guidelines for the
4. Quarterly Case Report to the Board of strategic control function.
Commissioners. 2. Management of strategic risks that include
5. Ad-Hoc Report to the Board of Commissioners (if mitigation of possible negative impacts from
any). inappropriate strategic decision-making and failure
to anticipate changes in the business environment.
Although there are routine reports, however, the General 3. General audit policy as guidelines to the Bank’s
Counsel at any time can provide verbal reports or Internal Audit.
opinions for emergency decision-making. Such opinions
or reports must be first coordinated in advance with the
Compliance Director.
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Risk Management
While strategic risk procedures are related to 4. Support the implementation of audit tracks on data
establishing procedures and limit with reference to the of strategic risk incidents in managing and reporting
implemented policies. The established strategic risk as well as documenting every strategic risk incident
limit may cover risks due to variance of the strategic for projected potential loss in a certain period.
plan due to deviation of budget and target time of
completion. Internal Control System on Strategic Risks
The Bank retains the internal control system for the
Adequacy of Risk Identification, Measurement, management of strategic risks by periodic monitoring
Monitoring, Control Processes, and Risk with a comparison of the Bank’s performance against
Management Information System the expected results of the strategies implemented,
Identification of strategic risk is the result of studies both in quantitative as well as qualitative aspects. Bank
on risk characteristics. In the identification process, BTPN continuously strives to improve the quality of its
the Bank continuously records and manages every strategic risk management so that risks that arise can
strategic risk data and potential loss due to unrealized be minimized or prevented.
or ineffective implementation of the established
business strategy or business plan, especially those G. Compliance Risk
with a significant impact on the Bank’s capital. The Compliance risk is a risk that arises if the Bank does not
Bank’s strategic risk management information system comply and/or does not implement applicable laws and
comprises the following: regulations when conducting business activities.
1. Present the need for accurate, on-time, and
updated information. Compliance Risk Management Framework
2. Support the management function for easier The Bank’s Compliance Risk Management organization
planning and decision-making process. is as shown below:
3. Fulfill adequate data in accordance with the Bank’s
business plan.
Compliance Director
Compliance Head
Compliance Reporting &
Compliance Advisory Compliance Policy & Training
Regulatory Relation
The Bank has compliance policies and procedures among others, is administered through the following
which serving as the basic infrastructure in mechanism:
implementing Compliance Function governance. 1. Report on the implementation of duties and
Reviews and improvements to the Bank’s compliance responsibilities of the Compliance Division to the
policies are carried out continually, including in Director of Compliance. (monthly)
line with the issuance of new regulations from the 2. Report on the implementation of duties and
Financial Services Authority (OJK), Bank Indonesia responsibilities of the Director of Compliance to
(BI) and the Deposit Insurance Corporation (LPS), as the President Director with copy to the Board of
well as regulation other laws and regulations set from Commissioners. (quarterly)
Sumitomo Mitsui Banking Corporation (SMBC) as the 3. Report on the implementation of duties and
majority shareholder and Controlling Shareholder of responsibilities of the Director of Compliance
the Bank. The Board of Directors and the Board of submitted to the Financial Services Authority (OJK)
Commissioners incessantly carry out supervision on with copy to the President Director and the Board
the implementation of the Compliance Function, which, of Commissioners. (biannually/semester)
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Risk Management
4. Report on the monitoring of Compliance Risk to 2. The process of measuring compliance risk is
the Board of Directors in the meetings of the Board carried out through the self-assessment on
of Directors and to the Board of Commissioners in Compliance Risk as part of establishing the Bank’s
meeting forums of the Board of Directors with the risk profile. This activity is carried out periodically
Board of Commissioners as well as in the periodic using a risk approach (Risk-Based Bank Rating). In
meetings of the Audit Committee. addition, a Compliance Self-Assessment is carried
out every semester with the aim of ensuring that
The Board of Directors and Board of Commissioners the policies, systems, procedures and business
have also approved the Compliance Policies as the basic activities carried out by the Bank are in accordance
infrastructure in implementing the Compliance Function with the provisions of the OJK, BI, LPS, as well as
governance. These policies is used as a guideline in the provisions of applicable laws and regulations.
implementing the Bank’s Compliance Function. As a subsidiary of SMBC Group, the process
of measuring risk is carried out through the
In compliance with OJK Regulation No.46/ implementation of a Compliance Risk Assessment
POJK.03/2017 on the Implementation of Compliance (CRA) based on SMBC regulations as the majority
Function of Commercial Banks, the Board of shareholder ad Controlling Shareholder of the Bank
Commissioners assessed the Bank’s Compliance as well as regulatory regulations related to others.
Function implementation carried out at least 2 (two) 3. The process of compliance risk monitoring is
times in a year (biannually/semester). This includes the carried out, among others, through reviews on the
provision of suggestions/recommendations to improve conformity of the Bank’s policies with applicable
the Bank’s Compliance Function implementation. regulations, fulfilling prudential parameters,
submission of reports to OJK, BI, LPS and other
Monitoring the implementation of Compliance and authorized parties, follow-up on OJK and/or BI
governance functions in subsidiary companies, namely findings.
BTPN Syariah, in accordance with OJK regulations 4. The process of compliance risk control is
regarding Banking Synergy. performed, among others, through periodic reviews
of compliance policies and procedures, and
Adequacy of Policies, Procedures, and Limit through follow-up on results of external and internal
Setting audits.
The Bank has compliance policies and procedures as 5. The implementation of the Bank’s Compliance
the basic infrastructure in implementing the Compliance function is periodically and continuously reported
Function governance. These policies serve as guideline to the Director of Compliance and the President
in implementing the Bank’s Compliance Function. On Director with copy to the Board of Commissioners.
an ongoing basis, reviews and improvements of the In addition, reports are also conveyed in meeting
policies and procedures are conduct continuously forums of the Board of Directors, joint meetings
to ensure compliance with applicable regulations, of the Board of Directors and the Board of
including in line with the issuance of new regulations Commissioners as well as in periodic meetings of
from the Financial Services Authority (OJK), Bank the Audit Committee.
Indonesia (BI), and the Deposit Insurance Corporation
(LPS), as well as regulations other laws and regulations Internal Control on Compliance Risks
from Sumitomo Mitsui Banking Corporation (SMBC) The Bank has an adequate internal control system to
as the majority shareholder as well as the Controlling ensure compliance with OJK, BI and LPS regulations as
Shareholder of the Bank. well as other laws and regulations. The Bank’s internal
control system uses a 3 (three) layer defense model
Adequacy of Risk Identification, Measurement, (three lines of defense), consisting of Business and
Monitoring and Control, and Risk Management Supporting Functions Working Units as Risk Taking
Information System Units and assisted by Business Risk/Internal Control
Compliance risk management is conducted through & Risk (ICR) as coordinators in the implementation of
the risk identification, measurement, monitoring, and compliance risk management in the first line of defense.
control processes in line with the implementation of risk
management in order to ensure the Bank’s compliance
with prevailing laws and regulations as follows:
1. The process of identifying compliance risk, among
others, is carried out through compliance tests on
policies, program products, scheduled corporate
actions, and transactions requiring the Credit
Committee’s approval.
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Risk Management
The second line of defense consists of the Risk H. Reputation Risk
Management Directorate, Compliance and Legal Reputation risk is risk that arise as a result of the decline
Directorate, Finance Division, and Human Resources in the stakeholders’ trust level that stemmed from
Division. The Compliance Division – as part of the negative perception on the Company.
second line of defense, takes the role of developing the
framework and policies related to compliance, and the Reputation Risk Management Framework
Internal Audit (IA), as the third line of defense, works Bank BTPN’s reputation is a very important asset to
independently in assessing the effectiveness of the business continuity. For this reason, each activity that
compliance risk implementation. involves disclosing message/information to external
party, both that involves the mass media or not, is
The Internal Audit periodically inspects the adequacy regarded with the possibility to affect company’s
of the compliance risk management as well as the reputation need to be coordinated with Corporate
compliance of each related party in accordance with the Communications under the Communications & Daya
established Audit Plan. Division.
Disclosure of risk exposure and implementation Corporate Communications is a unit under the
of risk management in 2023: Compliance, Legal, and Corporate Secretary
During the year 2023, the Bank was able to be Directorate, with the main function managing the
maintained compliance with regulations of OJK, Bank’s reputation. Such efforts are carried out
BI and other applicable laws and regulations with through effective and efficient communication activities
accomplishment, among others, as follows: (disclosure of information) to internal and external
1. The Bank’s level of soundness based on Risk parties in line with the Bank’s strategies, vision, mission,
Based Bank Rating/RBBR as of December 2023 and values.
was rated 2 (Sound/Healthy).
2. Compliance with regulatory parameter, including: In connection with the main function of managing
a. Minimum Capital Adequacy Ratio (CAR), the Bank’s reputation, Corporate Communications
including the Leverage Ratio above the is responsible and takes the role of the main door
applicable regulations. in disclosing information internally and externally.
b. There were no violations or excess of the Legal Corporate Communication also performs the
Lending Limit (LLL). supervisory function (control and monitoring) of all
c. Net NPL of below 1% level. Bank’s communication activities in general, which is
d. Fulfillment of Statutory Reserves (GWM) for carried out by each business and supporting unit.
both Rupiah and Foreign currency above
applicable regulations. Policies, Procedures, and Limit Setting
e. Fulfillment of Net Open Position (PDN) In controlling reputation risk, the Bank retains the
according to applicable regulations. policies, procedures, and mechanisms in its effort to
f. Fulfillment of the Net Stable Funding Ratio. inherently improve the quality of services, including in
g. Fulfillment of Liquidity Coverage Ratio above handling complaints from stakeholders (customers,
applicable regulations. stakeholders, and others).
h. Setting a target for the Macroprudential
Inclusive Financing Ratio (MIFR) and carrying The Bank prepares the steps as included in the
out continuous monitoring to achieve this procedures as groundwork and anticipation to respond
target. should there be questions from the mass media or
3. Fulfillment of capital surcharge in accordance with customers related to events that disrupt the Bank’s
OJK regulations in line with stipulations of BTPN as reputation.
a Systemic Bank.
4. Fulfillment of the commitment to follow-up on
results of OJK’s investigation in accordance with
target timeline as determined.
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Risk Management
Adequacy of Risk Identification, Measurement, Reputation Risk Control System
Monitoring, and Control, and Risk Management The Bank retains the internal control system for
System reputation risk management, covering periodical
The reputation risk identification process is performed supervision of customer complaints or material negative
through reputation risk assessment on new products reporting that impacts the Bank’s reputation and
or activities in their development stage, as well as reputation risk control culture involving all business
corporate actions to be undertaken, including the lines.
Bank’s material transactions. The reputation risk
measurement process is conducted through self- Reputation Risk Control and Reputation Risk
assessment of reputation risk as part of the Bank’s Management in Time of Crisis
risk profile carried out periodically. The reputation risk Referring to the Crisis Communication Manual, the
monitoring process is done through media monitoring Communications & Daya Division is the responsible
on negative issues and customers’ complaints in the unit for reputation crisis communication at the head
mass media. office and appoints the party responsible for reputation
crisis communication in the regional office. This division
There are 2 (two) main parameters in measuring provides support for all aspects of external and internal
reputation risk, namely (1) negative reporting and communication, from planning and implementation to
(2) frequency and time of settlement of customer monitoring and evaluating the communication process
complaints. Monitoring the 2 (two) parameters is done during a reputation crisis.
continuously so that responses to negative reporting
and customer complaints can be managed quickly The main tasks during a reputation crisis, among others,
and accurately not to impact the Bank’s reputation. are as follows:
The reputation risk control process is implemented, 1. Develop communication strategies and tactics to
among others, through the report of the results of the communicate;
Internal Audit investigation as feedback for sustainable 2. Design and draft the key messages;
improvement of the operational process. 3. Consider the channels of communication to use;
4. Determine the spokesperson and person in charge
Monitoring of Reputation Risk is carried out, among of communication;
others, through the Risk Management Committee. The 5. Coordination with the person in charge of
Internal Audit periodically conducts an investigation on communication and appointed spokesperson;
reputation risk management in each related party per 6. Carry out intensive communication function to
the set Audit Plan. external and internal parties;
7. Manage requests for information or interview with
Audit investigation is conducted on negative reporting the media; and
and managing customer complaints, including 8. Conduct monitoring and evaluation on the
documentation, follow-up, and reporting to mitigate communication’s effectiveness.
reputation risk, reviewed during audit process.
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Page 233
BUSINESS
SUPPORT
REVIEW
232 Human Resources Development
238 Information Technology and Operations
Bank BTPN continues to
strengthen its business
support, both in the fields
of human resources,
information technology,
and operations, to support
the Bank’s sustainable
performance.
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Business Support Review
HUMAN RESOURCES
DEVELOPMENT
The Bank implements several important
initiatives in attracting, developing, and
retaining talents.
PT Bank BTPN Tbk (“Bank BTPN,” “BTPN,” “Bank”) 1. Organizational development
regards Human Resources (HR) as an important factor a. Initiatives in developing the organization.
in achieving the Bank’s ongoing business performance. b. Employee engagement program.
As a result, Bank BTPN consistently develops strategic c. Diversity and inclusion program.
HR development plans that are aligned with the Bank’s d. Development of flexible working location.
strategy.
2. Talent development, learning and employee
This policy is also consistent with the mandate stated development
in the Financial Services Authority Regulation (POJK) a. Program to maintain retaining and developing
No. 24 of 2022 on Quality Development of Human key talents at the Bank.
Resources for Commercial Banks. The regulation b. Prepare them for succession as well as other
states that the Bank is required to manage its human career development by administering several
resources and develop HR quality on a continuous initiatives through capability enhancement.
basis. c. Development program by collaborating with
SMBC Group.
d. Talent succession plan program.
DEVELOPMENT FOCUS AND POLICY e. Acceleration program.
In the year 2023, Bank BTPN’s Human Resources 3. Development of human resources system.
Function successfully implemented several key a. HR Core System
initiatives. These initiatives aligned with the goal of b. HR Mobile Platform
attracting, developing, and retaining talents, with a c. HR Dashboard
strong emphasis on 4 (four) key pillars:
232 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Business Support Review
4. Assessment of employee remuneration and talent management process, the Bank conducted
benefits. In line with the strategy to attract, develop an assessment of its talent profile, as well as
and retain talents, the Bank consistently evaluated succession planning, which included the design of
remuneration and benefits so that they remained development programs for candidate successors
competitive in the talent market and persevere with such as training, coaching, and other programs.
market changes.
The Bank continued the talent development
program with practical seminars through leadership
INITIATIVES AND PERFORMANCE series that were held on a regular basis, as well
ACHIEVEMENTS IN 2023 as other training provided through leadership and
executive training programs.
In line with the explanation of the Bank’s Human
Resources Directorate’s emphasis on talent In terms of the employee engagement program,
development and ongoing support for the organization’s the Bank will relaunch the employee engagement
growth, In 2023, the Human Resources Directorate survey in 2023, which will be completed by all Bank
implemented several key initiatives, which are in line employees.
with strategic focus on attracting, developing, and
retaining talents: In 2023, the Bank continued the implementation
1. Organizational Development of the flexible working location framework for the
In 2023, BTPN implemented several major next batch of participants. Thus, at the end of 2023,
initiatives, including an employee engagement the entire directorate has implemented the flexible
program, a diversity and inclusion program, and working location framework in accordance with
the continued implementation and review of the scope and provisions set forth in the flexible
flexible work locations. In terms of the Bank’s working location procedures.
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HUMAN RESOURCES
DEVELOPMENT
2. Talent Development, Learning and Employee 3. Human Resources System
Development In 2023, the Bank applied the automation
The Bank is committed to carrying out the initiative and digital transformation process to
management and development of HR quality the employment cycle. In 2023, the Bank also
and capability on a continuous basis. The implemented a new HR technology consisting of
Bank’s development and learning programs are the Human Resource Core System, HR Mobile
administered through the improvement of HR work Platform, and preparation for the HR Dashboard.
competencies in technical, non-technical, and
leadership areas, including banking mandatory 4. Review of Employee Remuneration and
certification as well as competency mandatory Benefits
certification in accordance with respective In line with the strategy to attract, develop, and
employees’ assignments. Subsequently, the Bank retain talent, the Bank consistently continued the
also conducted HR quality development through review process concerning remuneration and
acceleration programs for fresh graduate talents. benefits so that it remained competitive in the talent
market and kept up with market changes.
Improvement of other competencies was also
performed by the Bank through the Bank’s
e-learning and access to online learning through RECRUIITMENT POLICY
MOOC (Massive Open Online Courses). Overall, the
Bank provided learning facilities and competency Bank BTPN always strives to create inclusiveness
and capability development opportunities through in the Bank’s employee recruitment program. For
various learning approaches and training, both this purpose, BTPN utilizes various channels of
face-to-face and online. In an effort to enhance communication and information to announce such
employees’ interests in learning and self- job vacancies so that more people can access the
development, Bank BTPN held a hybrid learning information.
festival. The theme for 2023 was “Broadening
Horizon, Bringing Impact,” whereby employees Channels to submit information on job vacancies,
were asked to expand their perspectives with among others, are BTPN’s career website and job
various knowledge and skills so that they become search site. In addition, the Bank also collaborates with
more capable in their work and have a more several universities to obtain the best talents.
meaningful impact.
Nevertheless, filling out certain positions is intended
The program also focused on the topics of for internal employees, with the aim of providing
transformation, growth, and quality and continued development opportunities for BTPN employees.
collaboration with SMBC Group in the employee Throughout the year 2023, the Bank recruited some 609
development process, which was carried out new employees.
through several other program initiatives. To
support the learning management process and
training of Bank employees as a whole, the Bank
provided a learning management system, which
is currently accessed from the HRIS Darwinbox
platform. Through this implementation, it is
hoped that Bank BTPN employees’ experience
in accessing e-learning can be improved, while
currently the Bank’s e-learning materials can be
accessed via users’ mobile phones.
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COMPETENCY DEVELOPMENT d. Continued other competency improvement
processes through training provided by the bank,
Strategy implementation in competency development including through the Bank e-learning system,
during the year 2023 is described below: Massive Open Online Course (MOOC) access, and
various training held both online and offline.
Bank BTPN continued with HR quality development e. Organized the 2-day BTPN Hybrid Learning
and competency development in technical and non- Festival, which focused on the topics of
technical fields and in leadership, among which include transformation, growth, and quality. In this year’s
the following: learning festival, a series of programs were carried
a. Continued the Work/Job Competency Certification out, such as seminars with experts, sharing
Process in the banking sector, including through sessions with leaders of Bank BTPN, an employee
Risk Management Certification, Payment System appreciation program, a learning area/studio, as
and Rupiah Currency Management, WAPERD well as practical training sessions.
(Mutual Fund Sales Agent Representatives), and f. Continued collaboration with the SMBC Group on
Treasury for employees required to hold the the employee development process was conducted
certifications mentioned above. through several programs.
b. Continued the competency certification process g. The Bank provided the learning management
aside from Work/Job Competency Certification system that is currently accessible through the
in the banking sector, among others, the HR HRIS Darwinbox platform. It is hoped that through
Management certification, Compliance, Technology such implementation, Bank BTPN’s employees’
Information, Internal Audit, and Finance. experience may be improved in accessing the
c. Bank Acceleration Program for fresh graduate Bank’s e-learning, of which e-learning materials are
talents now accessible through users’ mobile phones.
Highlights of Training Implementation
Description 2023 2022
Total Training Program 753 420
Total Participant 6,544 101,012
Total Man-Days 40,356 33,723
Total Training Investment (Rp Million) 65,031 72,672
Average Training Investment per Employee (Rp Million) 9,8 10,3
Total Training Hours 322,849 269,756
Training Based on Position Level
Position Total Participant Type of Training Training Objective Organizer
Top Management 187 In house & Public Self-Development Internal & External
Senior Management 740 In house & Public Self-Development Internal & External
Management 2,830 In house & Public Self-Development Internal & External
Office/Supervisor 1,564 In house & Public Self-Development Internal & External
Clerical 1,223 In house & Public Self-Development Internal & External
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HUMAN RESOURCES
DEVELOPMENT
REMUNERATION In 2023, the Bank extended years-of-service rewards
to 382 employees in the following categories: 26
Bank BTPN’s remuneration policies are implemented employees with 30 years of service, 13 employees with
in accordance with applicable laws and regulations, 20 years of service, and 343 employees with 10 years of
including Employment Law No. 13 of 2003. Similarly, service.
the provisions concerning the provincial minimum wage
(UMP), whose primary policy is determined by the
Ministry of Manpower. EMPLOYEE TURN OVER RATE
Subsequently, the Bank adheres to the principles In 2023, the Bank experienced a decrease in employee
of meritocracy in implementing remuneration. turnover rate, which stood at 12.4%, compared to
This principle prioritizes an objective assessment 13.6% in 2022. The voluntary turnover rate in 2023 was
of performance and the resulting impact for the 6.92%, which shows a decline compared to the rate of
Bank in regulating and determining remuneration. 10.1% in 2022.
Thus, the basic factors used to adjust employee
remuneration refer to the Bank’s performance as well
as considerations of the economic conditions and STRATEGIC PLANS IN 2024
the Bank’s capabilities. Adjustments to employee
remuneration and performance bonuses are granted at To support the focus of the HR Directorate in the
the beginning of the year based on the previous year’s Bank’s HR development process, as well as to
performance. support the Bank’s business development going
forward, particularly in attracting, developing, and
Bank BTPN performs an annual assessment on retaining talents, the Bank considers that the human
implementing benefits for employees, such as medical resource strategy that focuses on the pillars of
protection, which is currently provided in the form organizational development, talent development,
of health insurance for employees and their family learning and development, HR system implementation,
members. In this assessment, the Bank takes into and assessment of remuneration and benefits for
account the health facility utilization ratio and adequacy employees, is still relevant. In 2024, the Bank will
ratio. Apart from that, the Bank also compares the prioritize employee engagement and industrial relations.
facilities provided by comparable banks, based on the
data obtained through remuneration surveys conducted Technically described, this strategic focus is divided
by consultants. into 5 core pillars consisting of the following:
1. Organizational Development
The Human Resources Committee, which consists of The Bank’s organizational development aims
5 (five) members of the Board of Directors and 1 (one) to ensure that the Bank has adequate human
member of the Human Resources Officer, conducts resources qualified to carry out the Bank’s strategy.
remuneration reviews for employees. In accordance For the year 2024, the Bank’s strategy focus is
with the Human Resources Committee’s scope of work, on developing the organization, which includes
the Human Resources Committee meets at least 4 (four) talent development and an internal succession
times per year. plan, as well as a Diversity & Inclusion program
aimed at creating a positive working environment.
Furthermore, efforts to increase competitiveness
YEARS OF SERVICE REWARDS in recruiting the best talent are made by improving
the Bank’s Employer Branding and Employee
Bank BTPN offers years of service rewards to Value Proposition through a variety of initiatives
employees who devote their productive time to the and collaboration with reputable organizations. The
bank. Employees with 30 years, 20 years, and 10 years final key initiative in the organizational development
of service at the bank receive such rewards as a token pillar is to review and modify Bank BTPN’s
of appreciation for their loyalty to the Company. acceleration development program, with the goal of
establishing a development program that is relevant
to and aligned with the Bank’s business strategy.
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Business Support Review
2. Learning & Development 4. The Bank will continue to make efforts to increase
To develop employee talents of Bank BTPN, the employee engagement, which has an impact on
Bank is constantly committed to managing and employee motivation and performance. As a result,
developing the quality and capability of its HR in 2024, the Bank will conduct another employee
through the improvement of HR job competency engagement survey, providing training for work unit
in technical, non-technical, and leadership, which leaders to understand the importance of increasing
include banking mandatory certification as well as work team engagement and encouraging work unit
competency mandatory certification in line with leaders to commit to making improvements and/
employee respective assignments by taking into or repairs as needed as a follow-up to the previous
account the principle of prioritization and equal survey results.
distribution of HR job competencies to develop
In 2024, the Bank will prioritize core initiatives, 5. In 2024, the Bank and the Labor Union will
including the continuous development and use of collaborate to prepare, negotiate, and finalize the
the Bank’s e-learning, which is currently available Bank’s Collective Labour Agreement (PKB).
through HRIS Darwinbox, a digital training
program and analytics for bank employees, and 6. Rewards & Performance Management
collaboration with the SMBC group. The Bank The Bank will continuously review employee
also continues to fulfill employee certifications, remuneration and benefits in light of the current
including Risk Management, Payment Systems, market, in order to develop a competitive employee
and Rupiah Currency Management, WAPERD and remuneration formula that is consistent with
(Mutual Fund Sales Agent Representative), the Bank’s strategic objectives.
WPPE-P (Marketing Securities Trading Intermediary
Representative), and Treasury for employees who
are required to hold certifications as mentioned
above, as well as Competency certifications other
than Job Competency Certification in the banking
sector include HR Management, Compliance,
Information Technology, Internal Audit and Finance
certifications.
3. Implementation of HR Technology
Following the implementation of the New HRIS and
integrated bank mobile platform in 2023, the Bank
will continue the HR digital transformation process
in 2024, which will include conducting a review
and continuous development of the Bank’s HRIS
system, as well as developing and implementing
the HR Dashboard. The HR Dashboard is expected
to improve the Bank’s ability to manage, process,
and present information about its human resources,
allowing management to make more timely and
measurable decisions.
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INFORMATION TECHNOLOGY
AND OPERATIONS
BTPN Jenius has received ISO 27001
certification, which is part of an initiative
to ensure cyber security standards.
INFORMATION TECHNOLOGY Development Focus in 2023
In line with the Bank’s Business Plan, Bank BTPN’s
The use of Information Technology (IT) within PT BTPN plans in 2023 include the following:
Tbk (“Bank BTPN”, “BTPN”, “Bank”), among others, is 1. Implement IT capabilities that are strategic to
to support services to customers as well as the Bank’s support digital and eco-system businesses
operations. This policy is in line with OJK Regulation in heightening the experience and journey of
No. 11/POJK.03/2022 regarding the Implementation of customers and partners.
Information Technology by Commercial Banks. 2. Carry out operational excellence on a continual
basis by consolidating applications, re-engineering,
As a service to customers, the Bank’s main focus is and standardizing technology in order to reduce
carried out in the retail and corporate business sectors. operational complexities.
BTPN also realizes that IT has a very important role 3. Apply an IT operation model that is in line with
in supporting the Bank’s operational activities and customers to enable agile ways of working and
business growth. For this reason, the Bank continues design thinking.
to develop digital banking, which has continuously 4. Implement strong governance, security, and
become the Bank’s main advantage. compliance standards on regulations to mitigate
risks and allow sustainable growth and agility, as
The Bank’s implementation and IT policies emphasize well as enhance synergy between BTPN IT, BTPN
the optimization and effectiveness of IT resources, Syariah IT, and SMBC IT.
strengthening IT governance, and also strengthening 5. Improve the cyber security aspect by implementing
cyber security. For this purpose, the Bank always a cyber security roadmap to mitigate business
manages its on-target IT investment. risks.
6. Improve governance and operational aspects
related to data use to support business as well as
compliance with regulators.
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Vision and Mission of Information Technology Directorate
VISION
To be the best
innovative solutions MISSION
To make life easier for
provider, delivering
distinct experience. all stakeholders through
the creation of valued
services.
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INFORMATION TECHNOLOGY
AND OPERATIONS
IT Management Organizatiton
The implementation of information technology activities within Bank BTPN is managed by the Head of Information
Technology, who reports directly to the President Director. The organizational structure that will be effective in 2023
is shown below.
IT Management Organization
President Director
Executive Secretary
Head of Information Technology
to Head of IT
IT Retail Banking &
IT Strategy Planning and IT Corporate Banking IT Digital Service IT Transaction IT Governance
Corporate Function
Data Management Head Enablement Head Enablement Head Management Head Management Head
Enablement Head
Human Resources
Bank BTPN regards reliable human resource (HR) quality as critical to supporting IT development within the Bank.
Especially given that BTPN is the first bank to retain digital capabilities and offer digital banking solutions. As a result,
the Bank is constantly developing its human resources to ensure that it can support IT development as planned.
The total number of personnel within the Information Technology Directorate was recorded at 475 as of the end of
December 2023, spread across 6 (six) organizations.
No. Organization Responsibility Total (Employees)
1 IT Strategic Planning and Data Ensuring that the management and organization functions of IT run 82
Management Head efficiently and effectively, including strategic IT planning, IT budget
management, IT procurement and Vendor Management IT, IT Project
Management, and the implementation of innovation centers aligned with
the bank’s strategic plans and directions. Also, maintaining and enhancing
Digital Capabilities, Cybersecurity readiness, overall bank Data quality,
data governance, and data-driven decision making.
2 IT Retail Banking & Corporate Building relationships and collaborations with Retail Banking & Corporate 46
Function Enablement Head Functions businesses to support business, operational, and technical
solutions with a Customer-Centric approach.
3 IT Corporate Banking Building relationships and collaborations with Corporate Banking 23
Enablement Head businesses to support business, operational, and technical solutions with a
Customer-Centric approach.
4 IT Digital Service Enablement Continuously develop and maintain core systems, existing payment 157
Head systems to always meet the bank’s business needs, and support the
bank’s project needs in terms of system integration.
5 IT Transaction Management Ensure the availability of infrastructure services to support bank 149
Head operations, business development, and Key Strategic Initiatives. This
includes ensuring the availability and readiness of Disaster Recovery
Procedures that meet SLA.
6 IT Governance Management Lead, plan, establish, and oversee the implementation of IT governance, 16
Head ensuring that governance is carried out accordingly by the IT organization,
and to ensure and oversee the management of IT risks at the Bank.
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To support HR capabilities in the IT field, the Bank has Identification Mechanism on Disruptions
actualized a number of training in several areas, among Bank BTPN is always alert to business and
others as follows: technological disruptions. To understand technology
1. Project Management disruptions, the Bank evaluates new technology that
2. Governance with reference to COBIT 2019, and can be implemented to support the Bank’s business,
3. Secure Code Practice from a cyber security aspect. using the following methods:
1. An organization that functions to carry out research
Certification and development on new technology
BTPN Jenius, one of BTPN’s payment systems, 2. A collaboration with SMBC to review new
received ISO 27001 certification in 2023. This technology
certification is part of a larger initiative to ensure cyber 3. An evaluation based on information/case study on
security standards within the Bank, particularly for technology use carried out by a third party
Jenius.
Cyber Security System Strategy
Information Technology Governance Bank BTPN is constantly striving to improve its
Bank BTPN’s policy for implementing IT governance implementation of cyber security risk management
within the Bank must be consistent with the plans standards as it uses information technology to provide
of the Bank and its parent company (SMBC Group). digital services to customers. Furthermore, the Bank is
In addition, the Bank’s policy is to follow existing becoming more aware of cyber security threats.
regulations imposed by financial regulators and the
government. The Bank’s implementation of cyber security risk
management is consistent with current laws and
The Bank retains operating policies, procedures, and regulations, the parent company’s cyber security risk
standards, as well as instructions in a variety of areas, management implementation standards (SMBC Group),
including IT planning, budgeting, implementation, and and available best practices. For this reason, in 2023,
operations. The Bank continues to improve by adopting Bank BTPN released and implemented the Cyber
the common practice framework for governance, known Security Risk Management Policy, which includes
as COBIT 5.0. the Bank’s framework, management strategies and
standards, and cyber security risk management.
The priority for 2023 was to evaluate the process’s
gap analysis. This will continue as part of the ongoing This Cyber Security Risk Management Policy generally
evolution of the Bank’s IT governance. covers the following:
1. Cyber security risk governance implementation
The IT Strategic Planning (ITSP - IT Road Map) outlines standards were formulated to ensure the adequacy
the implementation of governance policies based on the of the Bank’s cyber security risk governance. This
following considerations: governance process includes active supervision
1. BTPN’s Vision and Mission. by the Board of Commissioners and the Board
2. Strategic Objectives of Bank BTPN. of Directors, formulating risk appetite and risk
3. Aspirations and strategies at time of merger. tolerance, as well as organizing ongoing cyber
4. Industry and Information Technology trends, such security risk awareness campaigns on a regular
as Open Source, Cloud, Open API, and others. basis.
5. Key main points and challenges.
6. IT Strategic Initiatives previously carried out.
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INFORMATION TECHNOLOGY
AND OPERATIONS
2. The cyber security risk management framework Evaluation System
includes the availability and adequacy of cyber Assessment of IT Performance in 2023 included
security strategies, the adequacy of the Bank’s delivery project, governance, branch office satisfaction,
resources and equipment, as well as the availability customer satisfaction, and operational excellence.
and adequacy of internal provisions governing Overall, the IT Division achieved outstanding results in
the Bank’s cyber security risk management 2023, exceeding predetermined measures or targets.
implementation standards.
3. Resources management is required in cyber IT Development Roadmap
security risk management implementation, in the The IT Development Roadmap for 2023 was consistent
form of Human Resources (HR), in the adequacy of with the implementation of the IT Strategic Plan 2022-
the cyber security information management system, 2026, with a focus on optimizing the use of digital
as well as in the form of other resources needed by technology, cyber security, the effectiveness of IT
the Bank in managing cyber security risks. resources, and IT governance. Aside from that, the Bank
4. Cyber security risk control through the optimized resource utilization and governance through
implementation of control mechanisms as well as synergy with SMBC.
information technology implementation necessary
to control cyber security risks that may occur at the Development in 2023
Bank. IT development in 2023 was carried on in numerous
areas, including the following:
Disaster Recovery Strategy/Process 1. Operating and Delivery Model
BTPN has anticipated that disasters will occur and a. The Bank implemented IT Agile and is currently
disrupt the Bank’s operational activities. Mitigation running well to respond to business needs.
efforts as a disaster recovery strategy carried out by the b. The Bank started to implement IT governance.
Bank include the following: c. The Bank maintained availability of IT talents to
1. Retain procedures for IT Business Continuity Plan. support the continuity of BTPN digital products
2. Retain data center for data recovery. and digitalization of processes at Bank BTPN.
3. Regularly (annually) conduct simulation activity for
data center transfer. 2. Application and Infrastructure
a. The Bank has always used digital platforms
Reporting System/Mechanism to the for various products and channels, such as
Board of Directors developing credit cards that are integrated into
In accordance with OJK Regulation No. 11/ the Jenius digital platform, allowing it to offer
POJK.03/2022 on the Implementation of Information Indonesia’s first digital credit card.
Technology by Commercial Banks, the Bank submits b. The Bank expanded its efforts to simplify
reports on the Information Technology Strategic Plan to integration with third parties, as outlined in
the Board of Directors and the Board of Commissioners Bank Indonesia payment service standards.
every semester. This report discusses IT strategic plans, c. In terms of infrastructure, the Bank has
IT strategic plan budgets, and the implementation of IT adopted cloud technology to support its
strategic plan initiatives. business operations.
d. The Bank consolidated, rejuvenated, and
In addition, the Bank reports quarterly to the IT Steering decommissioned its applications to make its
Committee on the following subject matter: IT strategic IT service portfolio more effective and agile in
plan implementation, IT budget, and IT performance. supporting its business.
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3. Core Banking 2024 Strategic Plan
a. The Bank was able to conduct Core Banking Bank BTPN has plans for the following in 2024, in
consolidation post-merger (retail and corporate accordance with the bank’s business plan:
banking). 1. The Bank plans to implement strategic IT
b. Stabilization was achieved following the capabilities to support digital business and
implementation of Core Banking consolidation, ecosystems in the context of enhancing the
which enabled banks to manage the system experience and journey of customers and
more easily and to offer digital solutions to the partners and also to support the Bank’s business
corporate segment. In addition, Core Banking development plan, both organic and inorganic.
handled Corporate Banking transactions and 2. The Bank plans to continuously implement
processes. IT operational excellence by consolidating
applications, re-engineering, and standardizing
4. Data Management technology in order to reduce operational
BTPN was able to enhance its Data Warehouse complexity.
and Big Data capabilities, which can be used 3. The Bank plans to continuously apply an IT
for operational and customer service purposes operation model that is aligned with customers in
in accordance with the Bank’s policies and order to enable agile ways of working and design
governance. thinking.
4. The Bank plans to sustainably implement strong
5. Cyber Security governance, security, and compliance standards on
Consistently maintained and improved BTPN’s regulations to mitigate risks and allow continuous
cyber capabilities to ensure data security and growth and agility, as well as to improve synergy
customer transactions. between BTPN IT, BTPN Syariah IT, and SMBC IT.
5. The Bank plans to ensure the implementation of
cyber security that is aligned with the cyber security
BTPN IT Excellence framework set by the Chief Information Security
In order to maintain continuity and develop IT skills, the Officer (CISO).
Bank retains a number of benefits, which include the 6. The Bank plans to improve the governance and
following: operational aspects related to the use of data to
1. Clear objectives and focus. support business and compliance with regulators.
Information Technology Organization, Information
Technology Special Project, 2020-2023 Information
Technology Strategic Planning that will ensure
stabilization and continuity towards digital
aspirations.
2. Digital capability by optimizing and obtaining
business value from digital infrastructure, culture,
and mindset (operation model), architecture,
modern application development, data
management, and cyber security programs.
Technology Investment
In 2023, the total IT capital expenditure (capex) in
accordance with the Bank’s Business Plan was
Rp400 billion. The funds were allocated for a variety
of purposes, including the implementation of the loan
management system, human resource management
system (HRIS), trade finance system, and other digital
development.
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INFORMATION TECHNOLOGY
AND OPERATIONS
OPERATIONS Achievements in 2023
Throughout 2023, BTPN’s Operations carried out
Bank BTPN’s operations are guided by the policy various initiatives with the focus on improving the three
and vision of becoming a competent partner while strategic pillars, namely service quality, enhancement
also continuously supporting the performance and of internal control and compliance, and achievement of
acceleration of the Bank’s business development operational excellence, as follows:
through operational services of excellence. 1. Improvements in service quality to customers
have been carried out through technology
In essence, the Operations Directorate’s presence is implementation and improvement efforts, including
intended to support the Bank’s business achievements. the application of digital services, as described
In the year 2023, BTPN will consistently and sustainably below:
implement the 3 (three) strategy pillars that prioritize a. Implementation of chatbot in Jenius application
service quality, improvement in internal control and for customer contact services
compliance, and operational excellence. b. E-Advice for deposit and loan products for
corporate clients
Operations Initiatives and Strategies c. Digitalization in loan disbursement for
BTPN’s operational line implements the 5 (five)-year customers in retirement
strategic plan (2022-2026) that focuses on the pillars d. Integration of the corporate and retail branch
that put forward service quality, improvement in internal offices at Menara BTPN (BTPN Tower)
control and compliance, and the achievement of e. Implementation of the One Branch concept for
excellence in the operational line through the following various business services at branch offices
steps. f. Improvement of the queue application and
1. Development in customer service quality, which transaction process application at branch
focuses on service digitalization through the use of offices
technology, improvement in service capabilities that g. Improvement of the human resource culture
ensure smooth and consistent customer experience that focuses on service
with high-level service availability.
2. Improvements in internal control and compliance 2. In order to improve accuracy, internal control,
in the operational line include improved accuracy and process competency, including compliance
and dependability of the regulator reporting with regulators as well as the reporting process to
process, transformation that focuses on continuous regulators, on a continuous basis, the Bank has
monitoring and achievement in prevention taken the initiative and developed the following:
mechanisms, and automation in reconciliation and a. Improvement in the reporting to regulators
transaction settlement processes. is carried out through the development of a
3. Achievement of excellence in the operational number of reporting support applications, such
line through digitalization of the work process, as the Antasena, SCV, LLL, LLD, OBOX, SLIK,
expansion of integration initiatives, and APOLO, Fund Transfer, LCS, QRIS and other
implementation of automation that will enhance reports
straight-through processing as well as improvement b. Continually increase data quality by carrying
in data accuracy and quality. out customer data improvement efforts
especially for zero data
c. Implementation of the e-Seal system in line
with tax regulations
d. ISO quality certification on several back-office
work units
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3. With the focus on achieving operations excellence 2. Improvement in internal control and compliance
through automation initiatives and efforts, process in the operational line through enhancement in
improvement and system development are as the accuracy and dependability of the regulation
follows: reporting process, a transformation that focuses
a. Expansion in the implementation of the on continuous monitoring and achievement in
robotic-bases automation on loan processing, prevention mechanisms as well as automation
trade finance and other work activities in reconciliation and transaction completion
b. Application development for reconciliation and processes.
monitoring automation on the entire general
ledger (GL), with the current automated GL 3. Achievement of excellence in the operational
reaching around 700 line through continuous digitalization of the work
c. Increase in transaction process through process while also attending to the environmental
development activities on the system as wel impact, such as with fewer paper transactions,
as domestic and international transaction expansion of integration initiatives, and
processing implementation of automation that will increase the
d. Application development that supports degree of straight-through processing as well as
improvement and control on a number of back- improvement in data accuracy and quality.
office processes related to loan
Aside from the three pillars mentioned above, in order
Strategic Plans in 2024 to improve customer service, the Bank will continue
In accordance with the 5 (five)-year strategic plan for the to develop transactions using the BI-FAST service
period of 2022-2026, BTPN’s Operations is committed system in accordance with Bank Indonesia’s business
to continuing implementation that focuses on the strategies and development plans.
three strategic pillars that put forward service quality,
improvement in internal control and compliance, and
operational excellence through the following steps:
1. The Bank will carry out development in customer
service quality that focuses on service digitalization
through the use of technology enhancement in
service capability that ensures a smooth and
consistent customer experience with a high level of
service availability.
2023 ANNUAL REPORT PT BANK BTPN Tbk 245
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Page 249
CORPORATE
GOVERNANCE
249 Principles of GCG Implementation 352 Transparency Of The Bank’s Financial and Non-
250 Legal Basis of Implementation Financial Conditions
251 Objectives of GCG Implementation 353 Provision of Funds to Related Prties and Large
Exposure
252 GCG Structure
354 External Audit
253 GCG Implementation and Commitment
355 Internal Audit
261 General Meeting of Shareholders (GMS)
361 Internal Control System (SPI)
274 Main And Controlling Shareholders
364 Important Cases Faced by Subsidiaries, Members
275 The Board of Commissioners of The Board of Commissioners, and Members of
282 The Board of Directors The Board of Directors
290 Transparency of Information on The Board of 364 Adminstrative Sanctions
Commissioners and The Board of Directors 365 Access to Corporate Information and Data
304 Committees Under The Board of Commissioners 366 Code of Ethics
322 Committees Under The Board of Directors 368 Price Sensitive Information Personal Account
338 Corporate Secretary Dealing
344 Compliance Function 368 Governance in Procurement of Goods and
Services
348 Internal Fraud
369 Reporting of Violations System
352 Provision of Funds for Social and
Political Activities 370 Policy on Anti-Corruption and Bribery
371 Transparency in Bad Governance Practices
Bank BTPN continues
to improve the
implementation of GCG
principles as an initiative
to support the Bank’s
performance.
Page 250
Good Corporate Governance
GCG or Good Corporate Governance refers to the
system of rules, practices, and processes by which
a company is directed and controlled. The main
objectives of GCG are to ensure transparency,
accountability, fairness, and responsibility in the
management of a company, thereby safeguarding
the interests of shareholders and stakeholders.
248 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Good Corporate Governance
PRINCIPLES OF GCG
IMPLEMENTATION
GCG principles in accordance with OJK regulation consists of transparencies, accountability, responsibility, and
fairness, while according to General Guidelines for Indonesian Corporation 2021 issued by National Committee of
Governance Policy, there are 4 GCG pilars covers ethical behaviour, accountability, transparencies, and sustainability,
of which are divided into 8 elaborations as set forth in the below table:
Description of Principle Implementation in BTPN
Principle 1: Role and Responsibility of the Board of Directors and the Board of Commissioners
The Board of Directors and the Board of Commissioners The Bank established details of the duties and responsibilities of
independently play the role and take on the responsibility to each company organ and all employees, including the Board of
create sustainable values for the best long-term interest of the Commissioners and the Board of Directors, clearly and in line with the
company and shareholders, by taking into account the interests vision, mission, corporate values, and company strategies.
of stakeholders.
Principle 2: Composition and Remuneration of the Board of Directors and the Board of Commissioners
Members of the Board of Directors and members of the Board In appointing the Board of Commissioners and the Board of Directors,
of Commissioners are selected and appointed in such a way that the Bank takes into consideration the prevailing laws and regulations,
the composition of the Board of Directors as the management among others, OJK Circular Letter No.32/SEOJK.04/2015 on the
organ and the composition of the Board of Commssioners as the Corporate Governance Guidelines of Public Companies and OJK
supervisory organ are diverse and each consisting of Directors Regulation No.33/POJK.04/2015 on the Board of Directors and the
and Commissioners with commitment, knowledge, capability, Board of Commissioners of Issuers or Public Companies.
experience, and expertise required to precisely fulfill the
managing role of the Board of Directors and the supervisory role
of the Board of Commissioners.
Remuneration is designed to effectively align the interests of In its implementation at the Bank, apart from considering the conditions
members of the Board of Directors and members of the Board of and performance, the Bank also takes into account OJK Regulation
Commissioners with the company’s long-term interests and the No.45/POJK.03/2015 on the Provision of Remuneration for Commercial
creation of sustainable values. Banks.
Principle 3: Work Relations between the Board of Directors and the Board of Commissioners
Work relations between the Board of Directors and the Board of All organs in the Bank avoid the occurrence of domination by any one
Commissioners are tight, open, constructive, professional and party, not effected by certain interests, free from conflict of interest
mutually trusting for the company’s best interests. and from any influence or pressure, so that decision-making can be
implemented objectively.
Principle 4: Ethical Conduct
Company has the commitment to act ethically and responsibly, to The Bank retains the Code of Ethics applicable to the Board of
uphold the values and culture of the organization. Commissioners, the Board of Directors, all employees, and independent
parties. The Code of Ethics also regulates the creation of a conducive
work environment by upholding the Bank’s values and culture.
Principle 5: Risk Management, Internal Control and Compliance
Company implements the integrated corporate governance Every year, the Bank conducts periodic reviews on the adequacy of risk
practices by effective application of the internal control and risk management policies and internal control systems so that they always
management systems, as well as the compliance management remain relevant to industry developments.
system in support of efforts to achieve corporate goals, vision,
mission, objectives and company’s performance targets in
carrying out business with integrity.
Principle 6: Disclosure and Transparency
Company establishes accurate and on-time disclosure of all The Bank conducts information disclosure both periodically and
matters related to the corporation. incidentally that accurately discloses information about the Bank
including an explanation of the Bank’s performance through the
website: http://www.btpn.com or IDX’s website within the time as
stipulated in the applicable laws & regulations.
Principle 7: Shareholders’ Rights
Company protects and facilitates the implementation of The Bank has a reference and clearly states the rights of shareholders
shareholders’ rights and ensures fair treatment to the in the GCG Manual which is reviewed regularly and uploaded to the
shareholders, including the minority shareholders. All Bank’s website.
shareholders have the opportunity to receive effective
compensation for violations of their rights.
Principle 8: Stakeholders’ Rights
Company accepts the rights of the stakeholders established Recognition of the rights of stakeholders is evidenced in the Bank’s
under prevailing laws and regulations or an agreement consented GCG Manual and Code of Ethics. The GCG Manual occupies the
by the company and encourages active cooperation with highest position in the hierarchy so that it should be the basis for every
stakeholders in generating wealth, employment, and financially policy and procedure of the Bank. Meanwhile, the code of ethics serves
sound business sustainability. as a guide for each member of the Board of Commissioners, Board of
Directors, Independent Parties and Employees in carrying out their daily
duties and responsibilities.
2023 ANNUAL REPORT PT BANK BTPN Tbk 249
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Good Corporate Governance
LEGAL BASIS OF
IMPLEMENTATION
In implementing GCG principles, the Bank is guided by • Operational Policy of the Bank
prevailing laws and regulations, among others are as The Bank’s Operational Policy is the policy that
follows: regulates each of the Bank’s activities that reflects
1. Law No.40 of 2007 on Limited Liability Company. the Bank’s risk management strategy, including
2. Law No. 10 of 1998 on the amendment of Law No.7 generally explaining the Bank’s risk appetite for the
of 1992 on Banking. said activities.
3. OJK Regulation (POJK) No. 17 of Year 2023
regarding Governance Implementation for Work Guidelines and Procedures of the Board
Commercial Banks which replaced POJK No. 55/ of Directors, Work Guidelines and Procedures of
POJK.03/2016 the Board of Commissioners, Work Guidelines
4. Circular Letter of Financial Services Authority and Procedures of Committees, and Procedures
No. 13/SEOJK.03/2017 regarding Governance prevailing bank-wide, are also applicable as
Implementation for Commercial Banks operational policies.
5. POJK No.21/POJK.04/2015 on the Implementation
of Public Company Governance Guidelines. • Standard Operating Procedures
6. Other POJKs, including those that regulate the Standard Operating Procedures (SOP) serve as
Audit Committee, Remuneration and Nomination guidelines that regulate in detail a process and
Committee, the Board of Commissioners and the explain the stages of a structured, systematic
Board of Directors, implementation of General activity that must be carried out, including who,
Meeting of Shareholders, Internal Audit, Public how, where, when to be conducted, and its control
Accountant as well as Compliance Director and mechanism. The procedures must strictly apply
Corporate Secretary. the four-eyes function, adequate internal control
7. General Guidelines of Indonesia Good Corporate function, and refer to policies.
Governance from the National Committee of
Governance Policy (KNKG). • User Manual/Technical Instruction/ Other
8. Articles of Association of the Bank. Equivalent Documents
9. Policies and Procedures of the Bank. The User Manual or Technical Instruction, also
referred to as the Implementation Guidelines, is
Bank’s policies and procedures are grouped in a policy described as follows:
hierarchy that consists of the following: a. Stages/how to use a system/application that
• Main Policy of the Bank explains in detail how to input/fill in data on
The Bank’s Main Policy is the main or parent policy each screen and field, or
of all of the Bank’s policies, which are policies b. Guidelines is more detailed than SOP for users,
concerning governance as well as other strategic both operators and supervisors, or
matters that affect the proper operation of the Bank c. Setting on the standard parameter within the
and are the fundamental principles and guidelines system, or
for all provisions prevailing and effective in BTPN. d. A brief guideline used as a tool to explain to
customers about products and services, and
The Bank’s Main Policy is the Corporate e. Established with reference to related SOP.
Governance Manual.
Approval for the issuance of policies and procedures
and/or amendments thereof is carried out by
considering the respective hierarchies. Review of
the policies and procedures issued by the Bank is
administered periodically, once a year or sooner if
necessary.
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Good Corporate Governance
ASEAN REFERENCE governance. A high score on the ACGS indicates that
a company has robust governance practices in place,
As the strong commitment to the GCG implementation, which can enhance investor confidence and contribute
BANK BTPN also aims to GCG applied within ASEAN to the stability and growth of capital markets in the
region using ACGS. ACGS or the ASEAN Corporate region.
Governance Scorecard (ACGS), of which is a tool
developed by the ASEAN Capital Markets Forum To evaluate the ACGS, BANK BTPN appointed an
(ACMF) to assess the corporate governance practices of independent consultant who shares the results among
publicly listed companies in ASEAN member states. The the Board of Commissioners and relevant Board of
ACGS evaluates companies based on a set of indicators Directors members in a dedicated forum for continous
aligned with international best practices in corporate improvement.
OBJECTIVES OF GCG
IMPLEMENTATION
For BANK BTPN, the importance of GCG is significant. 5. Enhanced Corporate Reputation: Companies with
It is not only designated for BANK BTPN adhering strong GCG practices tend to enjoy a positive
the rule, but it is believed to contribute to several key reputation in the marketplace. This reputation can
aspects: attract investors, customers, and business partners,
1. Enhanced Transparency: GCG promotes creating opportunities for growth and expansion.
transparency by requiring companies to disclose
relevant information regarding its financial The importance of GCG in Indonesia is underscored
performance, corporate policies, and decision- by various laws and regulations aimed at promoting
making processes. This transparency builds trust transparency, accountability, and fairness in corporate
among investors, creditors, and other stakeholders. governance.
2. Improved Accountability: GCG establishes
mechanisms to hold corporate leaders accountable The Indonesian Financial Services Authority (OJK)
for their actions and decisions. This accountability has issued regulations mandating listed companies
ensures that management acts in the best interests to comply with GCG principles and disclose relevant
of shareholders and stakeholders, rather than information to stakeholders. Additionally, the Indonesia
pursuing personal gain or agendas. Stock Exchange (IDX) has established GCG guidelines
3. Protection of Shareholder Rights: GCG frameworks for listed companies to follow.
often include provisions to protect the rights of
shareholders, such as equitable treatment and Overall, GCG plays a vital role in ensuring the long-term
access to information. These protections help sustainability and success of companies by fostering a
prevent abuses of power and conflicts of interest culture of integrity, responsibility, and trustworthiness.
within the company. Its link to the ASEAN CG Scorecard and Indonesian law
4. Risk Management: GCG practices encourage reinforces its significance in the regional and domestic
the implementation of effective risk management business environments.
processes, ensuring that companies identify,
assess, and mitigate risks appropriately. This helps
safeguard the company’s financial stability and
long-term viability.
2023 ANNUAL REPORT PT BANK BTPN Tbk 251
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Good Corporate Governance
GCG
STRUCTURE
Until the end of fiscal year 2022, the GCG structure effective in BTPN is as follows:
General Meeting of Shareholders
Board of
Board of Commissioners President Director
Directors
Risk Management
Audit Committee Internal Audit
Committee
Asset and Liabilities
Risk Monitoring Committtee
Committeee
Remuneration & Nomination
Credit Committee
Committee
Good Corporate Governance
Credit Policy Committee
Committee
Information Technology
Steering Committee
Human Resources Committee
Information Governance
Steering Committee
Fraud Committee
Sustainability Committee
Corporate Secretary Compliance Risk Management
252 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Good Corporate Governance
GCG IMPLEMENTATION
AND COMMITMENT
Assessment on GCG implementation within Bank BTPN Assessment Criteria
is mainly carried out through self-assessment or by With reference to OJK Circular Letter No.13/
appointing an independent consultant. Results from SEOJK.03/2017 on Governance Implementation for
self-assessment which refers to OJK stipulations, in the Commercial Banks, the criteria used in the assessment
year 2023 the Bank managed to achieve a rating of 2 are as follows:
(from a scale of 1 to 3). 1. Governance Structure
2. Governance Process
3. Governance Outcome
ASSESSMENT OF GCG
IMPLEMENTATION IN 2023 Implementation of the 3 (three) indicators was
evaluated on these aspects: Implementation of the
Implementation of assessment refers to Financial Duties and Responsibilities of the Board of Directors,
Services Authority Regulation (POJK) No. 17 of Year Implementation of the Duties and Responsibilities of the
2023 as the replacement to POJK No. 55/POJK.03/2016 Board of Commissioners, the Committees’ Integrity and
and OJK Circular Letter No. 13/SEOJK.03/2017 Duty Implementation, the Implementation of External
regarding Governance Implementation for Commercial Audit Function, the Implementation of Risk Management
Banks. Results of the self-assessment on the Bank’s Function including the Internal Control System, Provision
2023 GCG implementation, which are further explained of Funds to Related Parties and Provision of Large
in detail, are inseparable parts of this report on Exposure, Transparency of Financial and Non-Financial
governance implementation. Conditions, Governance Implementation Report and
Internal Reporting, as well as the Bank’s Strategic Plans;
The Assessor Handling Conflict of Interest; Provision of Remuneration,
The Bank’s GCG implementation self-assessment Shareholders; Implementation of Anti Fraud Strategy; and
was conducted by the Corporate Secretary Division Implementation of Sustainable Finance..
in coordination with the Compliance Division, Risk
Management Work Unit, Internal Audit Work Unit, and the Assessment Results
Planning and Finance Division. The result of the self-assessment on GCG
implementation for the year 2022 was a “2” rating with
a “Good” category, applied to both the individual Bank
and in consolidation.
Results of Self-Assessment on Governance Implementation
Rating Definition of Rating
Individual 2 Good
Consolidated 2 Good
Analysis
The composite rating of 2 (two) reflects the management’s “good” implementation of corporate governance. This was reflected in the
adequate fulfillment of the governance principles. Should there be any weakness in implementing the corporate principles, then the
management could have resolved such shortcomings with proper action.
As a form of seriousness towards GCG implementation, the Bank appointed a related consultant to conduct the
assessment or review of GCG implementation comparing against the guidelines applicable in Southeast Asia. The
overall score for GCG implementation in 2022 achieved by the Bank (ASEAN CG Scorecard 2023) was 99.19 point,
assessed as “Very Good” or on Level 4 (90-99.99).
Thiss assessment meant that the Bank’s corporate governance implementation has fully complied with international
standards as required by ASEAN Corporate Governance Scorecard (ACGS).
2023 ANNUAL REPORT PT BANK BTPN Tbk 253
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Good Corporate Governance
GCG IMPLEMENTATION
AND COMMITMENT
REVIEW OF GCG IMPLEMENTATION IN 6. Remuneration and Incentive Systems: Bank BTPN
2023 has adopted remuneration and incentive systems
that are fair, transparent, and aligned with the
With the resolution of Extraordinary GMS dated company’s long-term interests and performance.
22 June 2023, BANK BTPN adjusted its articles of BANK BTPN refers to OJK regulations which
associations related to the changes of quorum of Board provide guidelines for determining executive
of Commissioners‘s Meeting and the revision of text compensation, including the use of performance-
pursuant to the actual condition of remuneration of based incentives and clawback provisions.
Board of Commissioners. 7. Compliance and Enforcement: BANK BTPN has
mechanisms for monitoring compliance with GCG
requirements and enforcing corrective actions
To comply with OJK governing rules on GCG for when necessary. This includes conducting audits,
financial institutions and publicly listed companies: inspections, and investigations to ensure adherence
1. Board of Commissioners and Directors: Bank BTPN to regulatory standards and taking enforcement
maintains the composition, roles, responsibilities, actions against non-compliant companies or
and qualifications of the board of commissioners individuals.
and directors as per OJK’s rule, whereby to ensure
that the board members possess the necessary Overall, BANK BTPN OJK subjects to OJK regulations
expertise, experience, and integrity to effectively on GCG which aims to promote sound corporate
oversee and manage the company’s affairs and governance practices that enhance transparency,
interest. accountability, and integrity. By complying with these
2. Internal Control and Risk Management: Bank regulations, BANK BTPN can strengthen investor
BTPN established robust internal control systems confidence, improve risk management, and contribute
and risk management frameworks to identify, to the sustainable growth and stability of the economy.
assess, and mitigate risks effectively. This includes
implementing controls to safeguard assets, prevent Furthermore by the issuance of the new rule on GCG
fraud, and ensure compliance with laws and for commercial bank at September 2023, BANK BTPN
regulations. has started to adjust its manual and charters as well
3. Transparency and Disclosure: Bank BTPN as other GCG structure, of which are still on going and
maintained transparency in its operations and estimated to be completed by mid 2024.
provide timely and accurate disclosure of material
information to stakeholders. This includes financial
reports, corporate governance reports, related- THE IMPLEMENTATION OF
party transactions, and other disclosures required GOVERNANCE GUIDELINES OF PUBLIC
by regulatory authorities. COMPANIES
4. Shareholder Rights and Stakeholder Engagement:
BANK BTPN respects and protects the rights of In accordance with the Financial Services Authority
shareholders, including the right to participate Regulation (POJK) No. 21/POJK.04/2015 and Circular
in decision-making processes and receive Letter of the Financial Services Authority (SEOJK) No.
dividends. Additionally, BTPN engaged with other 32/SEOJK.04/2015 on Governance Guidelines of Public
stakeholders, such as employees, customers, Companies, the following is the implementation of
suppliers, and the community, to address their corporate governance aspects and principles based on
interests and concerns through various channels. the approach of “comply or explain” by the Bank:
5. Ethical Standards and Integrity: BANK BTPN
conducted OJK’s mandate on the importance
of ethical behavior and integrity in corporate
governance. For such, BANK BTPN established
codes of conduct and ethics policies to guide
the behavior of directors, employees, and other
stakeholders. This includes measures to prevent
conflicts of interest, bribery, corruption, and other
unethical practices.
254 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Good Corporate Governance
Implementation of Governance Guidelines of Public Companies
Principle Recommendation Compliance Implementation
Principle 1 1.1 Public company has technical Comply Technical procedures for voting are stipulated in
Improve the Value of procedures for open and the Bank’s Articles of Association and guidelines
the GMS closed voting, which prioritizes each time the Bank planned to have General
independence and shareholders’ Meeting of Shareholders. Both documents were
interests. published on the Bank’s website and on KSEI’s
e-proxy platform.
1.2 All members of the Board Comply The Annual General Meeting of Shareholders
of Directors and the Board of was held on 13 April 2023 and was attended
Commissioner of Public Listed by all members of the Company’s Board of
Company are present at the Annual Commissioners and the Board of Directors,
GMS. physically or virtually.
1.3 The summary of the GMS minutes Comply The summary of the GMS minutes of meeting is
of meeting is available on the Public available on BTPN website.
Listed Company’s website for at
least 1 year.
Principle 2 2.1 Public Companies have the Comply BTPN has the communication policy with
Improve the Quality policy on communication with the shareholders or investors that covers the following:
of Communication shareholders or investors. 1. Strategy
of Public Companies 2. Program
with Shareholders or 3. Time for communication
Investors
2.2 Public Companies discloses Comply The policy on communication with shareholders
its communication policy with is disclosed on the Bank’s website. The
shareholders or investors through communication policy is stipulated under the
the website. Corporate Governance Manual.
Principle 3 3.1 Determining the number of members Comply Determining the number of members of the Board
Strengthen the of the Board of Commissioners takes of Commissioners by considerations of the need
Membership and into account the condition of the and complexity of the Bank.
Composition Public Company
of the Board of
Commissioners 3.2 Determining the composition Comply The composition of the Board of Commissioners is
of members of the Board of based on the expertise, professional experience,
Commissioners with attention to the background to support the effectiveness of duties
various expertise, knowledge and implementation of the Board of Commissioners.
experience needed.
Principle 4 4.1 The Board of Commissioners has Comply BTPN has the self-assessment policy to evaluate
Improve the Quality the policy on self-assessment to the performance of the Board of Commissioners,
of Duties and evaluate the performance of the covering the following:
Responsibilities Board of Commissioners. 1. Purpose and objectives of activities and
Implementation assessment
of the Board of 2. Time of implementation
Commissioners 3. Benchmark or criteria used in assessment
The policy is stipulated in the Work Ethics Charter
of the Remuneration and Nomination Committee.
4.2 Self-assessment policy to evaluate Comply The self-assessment policy is stipulated in the
the performance of the Board of Work Ethics and Charter of the Remuneration
Commissioners, disclosed through and Nomination Committee, and disclosed in this
the Annual Report of the Public 2023 Annual Report in the section of Performance
Company. Assessment of the Board of Commissioners.
4.3 The Board of Commissioners has Comply Provisions related to the resignation of members of
the policy related to the resignation the Board of Commissioners if involved in financial
of members of the Board of crime is stipulated in the Board of Commissioners
Commissioners if involved in Manual.
financial crime.
4.4 The Board of Commissioners Comply The succession policy in the nomination process
or Committees in charge of the of members of the Board of Directors is stipulated
Nommination and Remuneration in the Remuneration and Nomination Committee
function prepares the succession Charter.
policy in the nomination process of
members of the Board of Directors.
Principle 5 5.1 Determining the number of members Comply Determining the number of members of the Board
of the Board of Directors with of Directors is based on considerations of the
consideration to the conditions needs and complexity of the Bank.
of the Public Company and the
effectiveness of the decision-
making.
2023 ANNUAL REPORT PT BANK BTPN Tbk 255
Page 258
Good Corporate Governance
GCG IMPLEMENTATION
AND COMMITMENT
Principle Recommendation Compliance Implementation
5.2 Determining the composition Comply Composition of the Board of Directors is based
of members of the Board of on banking knowledge, expertise, professional
Directors with attention to the experience, background to support the
various expertise, knowledge and effectiveness of duties implementation of the Board
experience needed. of Directors.
5.3 Members of the Board of Directors Comply BTPN Finance Director has the competency in
in charge of accounting or finance accounting and finance, disclosed in this 2022
have expertise and/or knowledge in Annual Report in the Profile of the Board of
accounting. Directors section.
Principle 6 6.1 The Board of Directors has the policy Comply BTPN has the self-assessment policy to evaluate
on self-assessment to evaluate the performance of the Board of Directors, among
the performance of the Board of others covering the following:
Directors. 1. Purpose and objectives of activities and
assessment
2. Time of implementation
3. Benchmark or criteria used in assessment
The policy is stipulated in the Remuneration and
Nomination Committee Charter.
6.2 Self-assessment policy to evaluate Comply The self-assessment policy is disclosed in this
the performance of the Board of 2022 Annual Report in the section on Performance
Directors is disclosed through Evaluation of the Board of Directors.
the Annual Report of the Public
Company.
6.3 The Board of Directors has the Comply Provisions related to te resignation of members of
policy related to the resignation of the Board of Directors if involved in financial crime
members of the Board of Directors if is stipulated in the Board of Directors Manual.
involved in financial crime.
Principle 7 7.1 Public Company has the policy to Comply Provisions on the prevention of insider trading is
Improve Corporate prevent insider trading. stipulated in the Procedures Regarding Insider
Governance Aspect Information and Personal Account Dealing &
through Stakeholders Investment.
Participation
7.2 Provisions on the prevention of Comply Bank BTPN retains the procedures on Insider
insider trading is stipulated in the Information and Personal Transactions &
Procedures for Ownership of Price Investments that regulate the prevention of insider
Sensitive Information, Investment trading, Ownership of Sensitive Information
Transaction and Private Ownership. on Price, Investment Transaction and Private
Ownership.
7.3 Public Company has the policy on Comply The policy covers among others of the following:
the selection and improvement of 1. Criteria for selecting vendors
capabilities of suppliers or vendors. 2. Efforts to improve the capabilities of vendors
3. Fulfillment of rights related to vendors
Provisions related to selection and improvement of
capabilities of suppliers or vendors are disclosed
on the Bank’s website.
7.4 Public Company has the policy on Comply The policy covers considerations in entering into
the fulfillment of creditor’s rights. agreements and follow-ups in meeting obligations
to creditors. The policy is disclosed on the Bank’s
website.
7.5 Public Company has the policy on Comply The policy on the whistleblowing system includes
whistleblowing system. the following:
1. Types of violation that can be reported through
the whistleblowing system.
2. Means of reporting.
3. Protection and guaranteed confidentiality of the
whistleblower.
4. Complaints handling.
5. The party in charge of handling complaints.
6. Results and follow-up of reports.
This policy is disclosed on the Bank’s website.
7.6 Public Company has the policy on Comply The policy on long-term incentives for the Board
providing long-term incentive to the of Directors and Employees is stipulated in the
Board of Directors and employees. MESOP (Management of Employee Stock Option)
SOP.
256 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Good Corporate Governance
Principle Recommendation Compliance Implementation
Principle 8 8.1 Public Company makes use of Comply BTPN’s official social media accounts:
Improve Implementation information technology in wider Facebook: @BankBTPNOfficial
of Information range as the media to information https://facebook.com/BankBTPNofficial
Disclosure disclosure. Twitter: @sahabatBTPN
https://twitter.com/sahabatbtpn
Instagram: @lifeatbtpn
https://www.instagram.com/lifeatbtpn/
Youtube: Bank BTPN
https://www.youtube.com/user/
BTPNBank
8.2 Annual Report of Public Company Comply Bank’s Annual Report disclosed the ultimate
discloses the ultimate beneficial beneficial owner in the ownership of Public
owner in Public Company’s share Company’s shares of at least 5%. Information on
ownership of at least 5%, in addition this is also disclosed on the Bank’s website.
to disclosing the ultimate neficial
owner in Public Company’s share
ownership through major and
controlling shareholders.
A. Governance Structure • The Compliance Unit is supported
1. Positive Factors of governance structure by qualified human resources and is
aspect of the Bank are as follows: independent from the operations of other
• The membership structure of the Board working unit. In addition, the appointment
of Directors (BOD) and the Board of of the Compliance Director has complied
Commissioners (BOC) has complied with with prevailing regulation.
prevailing regulation. • The internal audit function is supported
• The incumbent members of BOD and by qualified human resources and
BOC have obtained approval from General independent from the operations of other
Meeting of Shareholders (“GMS”) and working unit. The structure of Internal
passed the fit and proper test of OJK Audit Working Unit (SKAI) and SKAI
(Otoritas Jasa Keuangan or the Financial Working Guidelines has complied with
Services Authority of Indonesia). In prevailing regulation.
accordance with the Extraordinary GMS • The organizational structure to support
on 22 June 2023, 1 Director has resigned the implementation of risk management
and been replaced by a candidate who and internal internal control is adequate,
has passed the fit and proper test from which is supported by policies, as well as
OJK and has been effectively assumes the sufficient procedures and risk limits set up.
office as of 25 July 2023. • Public Accountant (AP) and the Public
• All members of the Board of Directors and Accountant Office (KAP) has been
Board of Commissioners has commitment appointed as the executors of the
to keep their integrity, financial reputation external audit function by considering
and competence. their capacity, legality of the working
• Membership composition of each BOC’ agreement, audit scope, professional
Committee has complied with prevailing accounting standards of public
regulation. Role and responsibilities accountants and communication
of each BOC’ Committee has been between OJK with the said KAP has been
clearly stated in the Charter, in which done properly . This assignment is in
are periodically reviewed and adjusted accordance with the recommendations of
with the newest OJK Regulation No. 17 the Audit Committee and approved by the
Year 2023 regarding the Implementation Annual GMS on April 13, 2023.
of Good Corporate Governance for • The Bank has a Risk Management
Commercial Banks. Policy, Credit Policy, LLL Procedure,
• The Bank has established a Policy and Business Operational Procedure including
Procedures on conflicts of interest, in monitoring and procedures for handling
which is periodically reviewed. non-performing loans for all provision of
funds including related parties.
2023 ANNUAL REPORT PT BANK BTPN Tbk 257
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Good Corporate Governance
GCG IMPLEMENTATION
AND COMMITMENT
• The Bank has policies and procedures B. Governance Process
regarding procedures for implementation 1. Positive Factors of governance process
of transparency in financial and non- aspect of the Bank are as follows:
financial conditions. • Management of the Bank by BOD as well
• The Bank has prepared the GCG as the Oversight of BOD by BOC have
Implementation Report at the end of each been performed in accordance with its
financial year, latest for financial year duties and responsibilities as stipulated in
of 2022 and has been published at 21 the respective Charter, the Bank’s Policies
March 2023. GCG Implementation Report and Procedures, and the Bank’s Articles
for financial year of 2023 is still under of Association, which are periodically
preparation and will be published through reviewed by the Bank.
reporting media in timely manner. • The whole GCG implementation has
• Internal reporting has been carried out in been completely carried out by BOD and
a complete, accurate, and timely manner assured by BOC.
with the support of adequate resources • The Bank’s Shareholders does not
and procedures. intervene in the management of the Bank
• The Bank is furnished by a reliable by BOD to implement GCG principles.
information system in which is supported The Bank has established a policy
by competent human resources and and procedure as well as conducted
adequate information technology (security periodically review on Communication
system). Line between the Bank and majority
• The Bank’s strategic plan has been shareholder of the Bank, namely
formulated in the Corporate Plan and Sumitomo Mitsui Banking Corporation
Business Plan in accordance with the (“SMBC”). On the other hand, the Bank
Bank’s vision and mission, and to be also regulates the flow of communication
supported by the Bank’s Owner. with its subsidiaries which are regularly
• In accordance with OJK letter No. SR-133/ reviewed by the relevant divisions
PB.32/2021 dated 15 November 2021 • Each BOC’s Committee has performed
regarding Conglomeration Status of SMBC its duties and responsibilities in
Group in Indonesia, the status of the Bank accordance with the Committee’s
changed to a Bank Business Group which Charter. For the improvement of the
was originally a Financial Conglomerate. Committees performance, the Committee
Thus, the existence of the Integrated has conducted self assessment to the
Governance Committee at the Board of committee’s performance and submitted
Commissioners level and the Integrated to BOC Meeting, which is then discussed
Risk Management Committee at the Board in order to improve the performance of
of Directors level were removed. However, the committee. Assessment is also carried
as a follow-up to OJK’s request for the out on independent committee members
Bank to become the Coordinating Entity of individually, to assess the capacity and
the Financial Group, Bank BTPN formed a independence of each independent party
Corporate Governance Committee at the • BOD and BOC members do not
Board of Commissioners level. participate in the decision making process
which contain a Conflict of Interest. To
2. Negative Factor of governance structure manage transaction which contain a
aspect of the Bank is as follow: Conflict of Interest, each party shall assess
There is no negative factor. the transaction that will be entered by the
Bank and a party which potentially has
conflict of interest with BOD and BOC.
Therefore, the List of Related Parties of
the Bank can be easily accessed by the
respective party.
258 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Good Corporate Governance
• The function of the Compliance Director • The Bank has transparently disclosed the
and the compliance working unit have financial and non-financial conditions to
been carried out in accordance with the Stakeholders, and submit the reports
prevailing regulation. as required by the prevailing regulation in
• The duties and responsibilities of the a timely manner.
Directors in relation to internal control • The Bank’s Business Plan for 2023-2025
has complied with prevailing regulation. and its changes as well as the Bank’s
The audit findings have been followed up Business Plan for 2024-2026 have been
with the direction of BOC, and to improve prepared in a realistic, comprehensive,
the effectiveness of the Internal Audit achievable manner with taking the
works. The Bank has started to conduct prudence principles into account, and has
the review on June 2022 or 3 years sufficient flexibility so that it is responsive
after the most recently in 2019. Review to internal and external changes.
of the effectiveness of Internal Audit
activities has been performed in 2022 or 2. Negative Factor of governance process
3 years since the last review performed aspect of the Bank is as follow:
in 2019. The review was done by PT There are no negative factors.
RSM Indonesia which is an independent
assessor. The result of the review is c. Governance Outcome
“Generally Conform” without any issue 1. Positive Factors of governance process
raised nor recommendation and has been aspect of the Bank are as follows:
submitted to Financial Services Authority • For financial year 2022, BOD and BOC
(OJK) in August 2022. The next review will has submitted its accountability report
be conducted in 2025. on the implementation of its duties and
• The appointed AP and KAP are able to responsibility to shareholders which has
work independently, meet the professional been released and discharged (Acquit et
standards of public accountants and de charge) by the Annual GMS on April 13,
working agreements as well as the 2023. Accountability report for year 2023
specified audit scope. In addition, the will be conducted through AGMS which
audit report and Management Letter has will be held in 2024.
been submitted by AP to OJK. • BOD and BOC Minutes of Meeting have
• The duties of BOD and BOC related to been well documented and decisions
the application of risk management are or recommendations resulting from the
clearly stated in internal procedures in Meetings have been and in the ongoing
accordance with prevailing regulation and process.
have been implemented prudently. • BOC Committee’s performance has been
• The Bank has periodically evaluated improved, from the subject of discussion,
and updated its policies, systems and the increased frequency of the meeting
procedures to comply with the prevailing with more relevant meeting material, so
regulations. The Bank has also ensured BOC may provide appropriate input.
the adequate processes for the provision • Bank’s operational activities are free from
of funds to related parties and the the intervention of shareholders/ related
provision of large amounts of funds (large parties / other parties which may cause a
exposure) to comply with the prudential conflict of interest or incur loss to the Bank
banking principles, as well as making or reduce the profit of the Bank
decisions regarding these matters carried
out independently without intervention
from related parties and / or other parties.
2023 ANNUAL REPORT PT BANK BTPN Tbk 259
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Good Corporate Governance
GCG IMPLEMENTATION
AND COMMITMENT
• The Compliance culture continues to be 2. Negative Factor of governance outcome
echoed and actively conducted. aspect of the Bank is as follow:
• In line with the commitment in the There are still fines imposed by the regulator
Governance Policy related to compliance towards the late submission and/or errors of
with the applicable Laws and Regulations, the reports. The Bank continuous to conduct
every decision-making and operational socialization on the commitment to “Zero
activities of the Bank always refer to the Penalties” and the implementation of a more
prevailing regulations active compliance culture. The Bank also
• Internal Audit perpetually maintains the implement the Root Cause Analysis towards
objectivity/independency in performing the imposed fine and take the follow up action
audit function. All audit scope and as well as preventive and corrective steps to
findings are periodically reviewed in Audit mitigate the repetition of similar issues or can
Committee meetings. be avoided as much as possible.
• The Bank has implemented risk
management effectively. Bank soundness
level both in individual and in consolidation
is at level 2 for several periods consisting
of an assessment of inherent risk
and the quality of risk management
implementation (with a risk profile level 2).
• Provision of funds to related parties
and the large amounts of exposure has
complied with the prevailing regulation,
and has been reported in a timely manner
to OJK.
• The obligation to prepare reports and
submit reports to OJK has performed with
the content as required by the prevailing
regulation.
• The RBB revision for year 2024-2025 and
the Second Amendment of Corporate Plan
for year 2022-2026 have been prepared
by BOD and approved by BOC, and it has
submitted to OJK on 15 November 2023.
260 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Good Corporate Governance
GENERAL MEETING OF
SHAREHOLDERS (GMS)
LEGAL BASIS 3. Shareholders have the rights to obtain net profit-
share in the form of dividend and in other forms
The General Meeting of Shareholders (GMS) is the profit-share in line with the number of shares
Company’s organ bearing all authorities not delegated owned.
to the Board of Commissioners and the Board of 4. Each shareholder is subject to submission and
Directors. Through the GMS, Shareholders extend their compliance with the Bank’s Articles of Association
rights in decision-making. as well as prevailing laws and regulations.
5. Controlling shareholders are obligated to take into
Based on the Bank’s Articles of Association, there are 2 account the interests of minority shareholders and
(two) types of GMS, the Annual GMS namely the Annual other shareholders in accordance with prevailing
GMS and other GMS, referred to as Extraordinary laws and regulations.
GMS. The legal basis for extending GMS refers to the 6. Minority shareholders are responsible for using
following: their rights in accordance with prevailing laws and
1. Law No.40 of Year 2007 on Limited Liability regulations and the Bank’s Articles of Association.
Company 7. To disclose the list of related parties, if the
2. Financial Services Authority Regulation No.15/ shareholder acts as the controlling shareholder of
POJK.04/2020 on the Plan and Implementation the Bank.
of the General Meeting of Shareholders of Public
Companies.
3. Financial Services Authority Regulation No.16/ GMS IMPLEMENTATION IN 2023
POJK.04/2020 on the Implementation of Electronic
General Meeting of Shareholders of Public Throughout the year 2023, Bank BTPN conducted 3
Companies. (three) GMS, namely 1 (one) Annual GMS held on 13
4. Articles of Association of Bank BTPN. April 2023 and 2 (two) Extraordinary GMS held on 22
June 2023 and 7 December 2023, attended both in
person as well as virtually by the Shareholders, the
RIGHTS AND RESPONSIBILITIES OF Board of Commissioners and the Board of Directors.
SHAREHOLDERS
Mechanism of GMS Decision Making
Bank BTPN provides fair treatment to all shareholders, and Vote Count
in accordance with the mandate provided through The mechanisms of making decisions, voting,
prevailing laws and regulations such as POJK and counting the votes are regulated by the GMS
No.17/2023 regarding Governance Implementation for procedures as disclosed on the websites of the Bank
Commercial Banks. This policy is reflected through and PT Kustodian Sentral Efek Indonesia/Indonesian
the descriptions on rights and responsibilities of Central Securities Depository (KSEI). All such
the Shareholders, among others which include the information is conveyed to the Shareholders.
following:
1. Shareholders have the rights to attend GMS, either
in person or represented by a power of attorney,
to respond to the GMS agenda as well as to
participate in the decision making in accordance
with the the number of shares owned.
2. Shareholders have the rights to obtain accurate
and adequate information on timely manner related
to the Company as long it is related to GMS
agenda and not in conflect with the interest of the
Company, so that shareholders may take accurate
decisions at the GMS.
2023 ANNUAL REPORT PT BANK BTPN Tbk 261
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Good Corporate Governance
GENERAL MEETING OF
SHAREHOLDERS (GMS)
Each Shareholder or Proxy has the right to question The officer from the Notary will then collect the filled-
and/or extend an opinion to the Chairman of the in ballots to be counted. The Notary reports the
meeting prior to the voting session for each meeting result of the counting to the Meeting Chairman. In the
agenda. In vote counting, 1 (one) share provides implementation of the Annual GMS and Extraordinary
the right of the holder to extend 1 (one) vote. If a GMS, the Bank also administers the implementation of
shareholder holds more than 1 (one) share, then the electronic power of attorney or E-Proxy. Shareholders
concerned shareholder shall have only 1 (one) vote that may vote on the agenda’s recommendation proposed
represents the total number of shares owned. by the Bank without having to attend in person to the
GMS venue. The opportunity to vote is provided to
The decision-making mechanism using open voting shareholders from the invitation date until the GMS
is conducted with the Meeting Chairman’s request implementation. It is to be counted with the votes
for shareholders and proxies who vote against or from the shareholders attending in person at the GMS
abstain on the proposed recommendation to raise their implementation venue.
hands. For easier vote counting, shareholders and
proxies who vote against or abstain on the proposed Involvement Of Independent Parties In
recommendation are asked to state their names and Vote Counting
the number of cast votes on the ballot provided by the
Securities Administration Bureau. At the implementation of the Annual and Extraordinary
GMS, the Company appointed independent parties
to calculate the quorum and votes, namely Ashoya
Ratam, SH, Mkn as Public Notary as well as PT Datindo
Entrycom as the Securities Administration Bureau.
The Annual GMS 13 April 2023
Stages of Implementation
Submission
Submission of Registratiin
Announcement Invitation Impelementation of Meeting
Meeting Plan Shareholders List
Resolutions
23 February 2023 and 6 March 2023 20 March 2023 21 March 2023 13 April 2023 14 April 2023
13 March 2023
Participants of the Annual GMS
Participants who attended the meeting in person are as follows:
Board of Directors Board of Commissioners
Henoch Munandar Chow Ying Hoong
Kaoru Furuya Takeshi Kimoto
Darmadi Sutanto Ninik Herlani Masli Ridhwan
Dini Herdini Irwan Mahjudin Habsjah
Hiromichi Kubo Edmund Tondobala
Merisa Darwis Ongki Wanadjati Dana
Hanna Tantani
Kan Funakoshi
262 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Good Corporate Governance
Agenda, Resolution and Realization of the Annual GMS
Agenda Resolution
Agenda 1
Ratification and Approval of 1. To approve the Annual Report of the Board of Directors of the Company for the financial year 2022;
the Financial Statements and 2. To approve the Implementation of Good Corporat Governance Report for the financial year 2022;
Annual Report for the financial 3. To approve the Annual Supervisory Report of the Board of Commissioners for financial year 2022;
Year 2022, including without 4. To approved the Company’s Consolidated Financial Statements for financial year 2022, which has
limitation to: been audited by the Registered Public Accountants Firm by Siddharta Widjaja & Partner, with fairly
1. 1.The Implementation opinion, in its report No. No.00025/2.1005/AU.1/07/1212-1/1/II/2023 dated 24 February 2023; and
of Good Corporate 5. To acquit and discharge (volledig acquit en de charge) all members of Board of Directors and Board of
Governance Report; Commissioners of the Company for all actions taken by them in management and supervision of the
2. Supervisory Duties Company during the financia year 2022 provided that the management and supervision actions were
Report of the Board of reflected in the said Annual Report and Financial Statements of the Company for the financial year
Commissioners for the 2022 and in compliance with prevailing regulations.
financial year 2022;
3. Release and Discharge
(Volledig Acquit et de
Charge) of Board of
Directors and Board of
Commissioners for the
financial year 2022.
Voting Result Affirmative : 7,627,611,745 shares or 99.9998689%
Non-Affirmative : 10,000 shares or 0.0001311%
Abstain : 0 share or 0.0000000%
Decision Making : Majority Vote
Realization/Follow-Up Carried out and followed-up in conform with the resolution of the GMS.
Agenda 2
Determination on the To approve the Determination on the appropriation of the Company’s Net Profit for financial year 2022
Appropriation of the in the total amount of Rp3,095,699,654,784.00,- (three trillion ninety five billion six hundred ninety nine
Company’s Net Profit for the million six hundred fifty four thousand seven hundred eighty four rupiah) as follows:
financial year ended on 31 1. Distributed to shareholders in the form of dividends for 20% (twenty percent) of Net Profit or more
December 2022. or less IDR619,139,930,957 (six hundred nineteen billion one hundred thirty nine million nine hundred
thirty thousand nine hundred fifty seven rupiah) or estimated at IDR76.8 (seventy six point eight rupiah)
Furthermore, to authorize and delegate the Board of Directors of the Company with the substitution
right in determining the timeline and procedure of dividend payment for the financial year 2022
pursuant to the prevailing regulation;
2. Not allocate any reserves, in regards to the minimum statutory reserve as stipulated in the Limited
Liability Company Law, i.e minimum 20% (twenty percent) of the Issued and Fully Paid-Up Capital of
the Company has been is complied.
3. The remaining Net Profit of the Company for financial year 2022 after after being deducted with the
allocation for Dividends, will be booked as Retained Earnings of the Company.
Voting Result Affirmative : 7,627,611,745 shares or 99.9998689%
Non-Affirmative : 10,000 shares or 0.0001311%
Abstain : 0 share or 0.0000000%
Decision Making : Majority Vote
Realization/Follow-Up Carried out and followed-up in conform with the resolution of the GMS.
Agenda 3
Change on the composition First Part:
of members of the Board of To accept the resignation of Kan Funakoshi from his position as Director of the Company effectively as
Directors of the Company of the closing of the Meeting, and to thank and highly appreciate him for the services during his term of
office.
Second Part:
1. To appoint Atsushi Hino as the Director of the Company who has passed the fit and proper test
according to the decision letter of the Board of Commissioners of Financial Services Authority No.
KEPR-1/d.03/2023 dated 8 March 2023, effectively after obtaining the complete working permit until
the closure of Annual GMS of the Company which will be held in the year 2025, without prejudice to
the right of GMS and other prevailing regulations to terminate at any time before the expiration of his
term of office.
2023 ANNUAL REPORT PT BANK BTPN Tbk 263
Page 266
Good Corporate Governance
GENERAL MEETING OF
SHAREHOLDERS (GMS)
Agenda Resolution
Therefore, the composition of the Board of Directors of the Company as of the closing of the Meeting
is as follows:
Position Name
President Director Henoch Munandar
Deputy President Director Kaoru Furuya
Deputy President Director Darmadi Sutanto
Compliance Director Dini Herdini
Director Atsushi Hino*
Director Hiromichi Kubo
Director Merisa Darwis
Director Hanna Tantani
*) Atsushi Hino effectively to act as the Director of the Company after obtaining the complete working permit and
limited stay permit.
2. To authorize the Board of Directors of the Company to determine the effective date of appointment
of Mr. Atsushi Hino without having necessity to pass through the resolution of the General Meeting of
Shareholders.
3. To authorize Board of Directors of the Company with the right of substitution to stipulate the
resolution of this third Meeting’s Agenda into a Notarial Deed and submit all related documents to any
government agencies or authorities including but not limited to the Ministry of Law and Human Rights,
and to take necessary actions in order to carry out the above mentioned purposes in accordance
with the Company’s Articles of Association, Bank Indonesia Regulations and/or Financial Services
Authority.
Voting Result • First Part:
Affirmative : 7,627,611,745 shares or 99.9998689%
Non-Affirmative : 10,000 shares or 0.0001311%
Abstain : 0 share or 0.0000000%
Decision Making : Majority Vote
• Second Part:
Affirmative : 7,627,611,745 shares or 99.9998689%
Non-Affirmative : 10,000 shares or 0.0001311%
Abstain : 0 share or 0.0000000%
Decision Making : Majority Vote
Realization/Follow-Up Carried out and followed-up in conform with the resolution of the GMS.
Agenda 4
Change in the composition First Part:
of members of the Board of To accept resignation of Irwan Mahjudin Habsjah from his position as Independent Commissioner of
Commissioners. the Company effectively as of the closing of the Meeting, and to thank and highly appreciation for the
services during his term of office.
Second Part:
1. To appoint Onny Widjanarko as Independent Commissioner of the Company, effectively after
obtaining the OJK approval until the closure of AGMS for year 2025, without prejudice to the rights of
the GMS or other prevailing regulations to terminate at any time before the expiration of his term of
office.
264 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Good Corporate Governance
Agenda Resolution
Therefore, the composition of the Board of Commissioners of the Company as of the closing of the
Meeting is as follows:
Position Name
President Commissioner Chow Ying Hoong
Commissioner Takeshi Kimoto
Independent Commissioner Ninik Herlani Masli Ridhwan
Independent Commissioner Onny Widjanarko*
Independent Commissioner Edmund Tondobala
Commissioner Ongki Wanadjati Dana
*) Onny Widjanarko will be effective to act as the Independent Commissioner of the Company after obtaining the
OJK approval. In the event that OJK does not approve such appointment, or the requirements stipulated by
OJK are not fulfilled, then, the appointment will become void and ineffective without having to be resolved by
other GMS.
2. To authorize the Board of Directors of the Company to determine the effective date of appointment of
Onny Widjanarko without having necessity to pass through the resolution of the General Meeting of
Shareholderes.
3. To authorize the Board of Directors of the Company with the right to substitution to restate the
resolution in the Fourth Agenda of the Meeting into a Notarial Deed and submit all related documents
to any government agencies or authorities including but not limited to the Ministry of Law and
Human Rights, and to take necessary actions in order to carry out the above mentioned purposes in
accordance with the Company’s Articles Association, Bank Indonesia regulation and/or Indonesian
Financial Services Authority (OJK) regulation
Voting Result • First Part:
Affirmative : 7,627,611,745 shares or 99.9998689%
Non-Affirmative : 10,000 shares or 0.0001311%
Abstain : 0 share or 0.0000000%
Decision Making : Majority Vote
• Second Part:
Affirmative : 7,627,611,745 shares or 99.9998689%
Non-Affirmative : 10,000 shares or 0.0001311%
Abstain : 0 share or 0.0000000%
Decision Making : Majority Vote
Realization/Follow-Up Carried out and followed-up in conform with the resolution of the GMS.
Agenda 5
Determination on the 1. Approves to determine the total honorarium and allowance for the Board of Commissioners of the
remuneration, allowances, Company for the financial year 2023, in the aggregate amount not exceeding IDR41,000,000,000.00
tantiem and/or bonus to (forty one billion rupiah) gross before Tax.
the Board of Directors 2. Approves to determine total salary and allowance for the Board of Directors of the Company for the
and determination on the financial year 2023 as well as the amount of bonus of the Board of Directors for services rendered
honorarium, allowances, during the year ended on 31 December 2022, however payable in the year of 2023, in the aggregate
tantiem and/or bonus to the amount not exceeding IDR138,000,000,000.00 (one hundred thirty eight bibllion rupiah) gross before
Board of Commissioners of the Tax.
Company. 3. Authorize the President Commissioner of the Company to determine honorarium and allowance
for the financial year 2023 as well as bonus for the financial year 2022 of each member of Board of
Commissioners of the Company. The authority of the President Commissioner of the Company is
carried out by taking into account the recommendations of Remuneration and Nomination Committee.
4. Authorize the Board of Commissioners of the Company to determine remuneration or allowances of
the financial year 2023 for each member of Board of Directors of the Company as well as the amount
of bonus of each member of Board of Directors of the Company for services rendered during the year
ended on 31 December 2022, however payable in the year of 2023. This authority is conducted with
respect to the recommendation of Remuneration and Nomination Committee
Voting Result Affirmative : 7,627,611,745 shares or 99.9998689%
Non-Affirmative : 10,000 shares or 0.0001311%
Abstain : 0 share or 0.0000000%
Decision Making : Majority Vote
Realization/Follow-Up Carried out and followed-up in conform with the resolution of the GMS.
2023 ANNUAL REPORT PT BANK BTPN Tbk 265
Page 268
Good Corporate Governance
GENERAL MEETING OF
SHAREHOLDERS (GMS)
Agenda Resolution
Agenda 6
Appointment of Public 1. To approve the appointment of Siddharta Widjaja & Partner as the Public Accounting Firm (KAP), and
Accountant and/or Public SUSANTO to replace NOVIE as a Public Accountant that has been registered in the Financial Services
Accountant Firm for the Authority. Siddharta Widjaja & Rekan that will audit financial statements of the Company for the
financial year 2023 and financial year 2023.
Determination of honorarium as 2. Authorize the Board of Commissioners of the Company to determine term and procedure as well as
well as other requirements in the audit fee of the Public Accountant Firm as referred to in point 1 above by taking into account the
relation to the appointment. recommendation of Audit Committee of the Company.
3. Authorize the Board of Commissioners to appoint a substitute Public Accountant Firm and/or Public
Accountant in the case of:
• The appointed Public Accountant Firm in accordance to the resolution of the General Meeting
of Shareholders for any reason failed to complete/implement the audit of financial statements
as per 31 December 2023 as well as to determine the honorarium and other terms applicable to
the appointment of a substitute Public Accountant Firm and/or Public Accountant as the above
mention.
• Changes in the provision on the assignment period of Public Accountant Firm and/or Public
Accountant as regulated under POJK Number 13/POJK.03/2017 regarding the Service Utilization
of Public Accountant Firm and/or Public Accountant in Financial Services Activity.
Voting Result Affirmative : 7,627,611,745 shares or 99.9998689%
Non-Affirmative : 10,000 shares or 0.0001311%
Abstain : 0 share or 0.0000000%
Decision Making : Majority Vote
Realization/Follow-Up Carried out and followed-up in conform with the resolution of the GMS.
Agenda 7
Approval on the Company’s 1. To approve the Resolution Plan of the Company; and
Resolution Plan 2. To Authorize the Board of Directors of the Company to conduct any proper and deemed necessary
actions related to point 1 above.
Voting Result Affirmative : 7,627,611,745 shares or 99.9998689%
Non-Affirmative : 10,000 shares or 0.0001311%
Abstain : 0 share or 0.0000000%
Decision Making : Majority Vote
Realization/Follow-Up Carried out and followed-up in conform with the resolution of the GMS.
Agenda 8
The Company’s Reports: Not passing a resolution since the agenda was presenting reports, as follows:
a. The Bank’s Business Plan; 1. The Bank’s Business Plan;
b. The Financial Sustainability 2. The Financial Sustainability Action Plan;
Action Plan; 3. The Recovery Plan of the Company.
c. The Recovery Plan of the
Company;
Voting Result This agenda is a Report and therefore voting was not required.
The Extraordinary GMS 22 June 2023
Stages of Implementation
Submission
Submission of Registration in
Announcement Invitation Implementation of Meeting
Meeting Plan Shareholders List
Resolutions
9 May 2023 16 May 2023 30 May 2023 31 May 2023 22 June 2023 23 June 2023
266 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Good Corporate Governance
Participants of the Extraordinary GMS
Participants who attended the meeting in person are as follows:
Board of Directors Board of Commissioners
Henoch Munandar Chow Ying Hoong
Kaoru Furuya Takeshi Kimoto
Darmadi Sutanto Ninik Herlani Masli Ridhwan*
Dini Herdini Onny Widjanarko
Atsushi Hino Edmund Tondobala
Hiromichi Kubo Ongki Wanadjati Dana
Hanna Tantani
*) Attended through video teleconference facilities.
Agenda, Decision and Realization of the Extraordinary GMS
Agenda Resolution
Agenda 1
Resignation of Members of 1. To Accept the resignation of Hiromichi Kubo from his position as the Director of the Company,
the Board of Directors of the effectively as of the closing of the Meeting, by expressing gratitude and highest appreciation for the
Company services that have been given during his term of office.
2. To acquit and discharge from the responsibility (volledig acquit et de charge) for all management
actions that have been carried out until the effective resignation of the person concerned, as those
actions are reflected in the Annual Report and Financial Statements concerned and The relevant
Annual Report and Financial Statements were approved and ratified by the Company’s Annual
General Meeting of Shareholders (“GMS”) for the 2023 financial year, which will be held in 2024.
Voting Result Affirmative : 7,627,436,042 shares or 99.9999869%
Non-Affirmative : 0 share or 0.0000000%
Abstain : 1,000 shares or 0.0000131%
Decision Making : Majority Vote
Realization/Follow-Up Carried out and followed-up in conform with the resolution of the GMS.
Agenda 2
Appointment of Members of 1. To appoint Keishi Kobata as Director of the Company who has passed the fit and proper test
the Board of Directors of the according to the decision letter of the Board of Commissioners of Financial Services Authority Number
Company. KEPR-12/D.03/2023 dated 5 April 2023, effectively after obtaining the complete working permit and
limited stay permit until the closure of Annual GMS of the Company which will be held in the year
2025, without prejudice to the right of GMS and other prevailing regulations to terminate at any time
before the expiration of his term of office.
Therefore, the composition of the Board of Directors of the Company as of the closing of the Meeting
is as follows:
Position Name
President Director Henoch Munandar
Deputy President Director Kaoru Furuya
Deputy President Director Darmadi Sutanto
Compliance Director Dini Herdini
Director Atsushi Hino
Director Keishi Kobata **
Director Merisa Darwis
Director Hanna Tantani
**) Keishi Kobata will effectively take position as Director of the Company upon acquiring a complete work permit
and limited stay permit.
2023 ANNUAL REPORT PT BANK BTPN Tbk 267
Page 270
Good Corporate Governance
GENERAL MEETING OF
SHAREHOLDERS (GMS)
Agenda Resolution
2. To authorize the Board of Directors of the Company to determine the effective date of appointment
of Mr. Keishi Kobata without having necessity through the resolution of the General Meeting of
Shareholders.
3. To authorize the Board of Directors of the Company with the right of substitution to restate the
resolution of this Second Meeting’s Agenda into a notarial deed and submit all related documents
to any government agencies or authorities including but not limited to the Ministry of Law and
Human Rights, and to take necessary actions in order to carry out the above mentioned purposes in
accordance with the Company’s Articles Association, Bank Indonesia regulation and/or Indonesian
Financial Services Authority (OJK) regulation.
Voting Result Affirmative : 7,627,436,042 shares or 99.9999869%
Non-Affirmative : 0 share or 0.0000000%
Abstain : 1,000 shares or 0.0000131%
Decision Making : Majority Vote
Realization/Follow-Up Carried out and followed-up in conform with the resolution of the GMS.
Agenda 3
Change in the Articles of 1. To approve the amendment of the Company’s Article of Association, as the proposed amendments
Association of the Company have been published at the Meeting.
2. To approve authorize the Board of Directors of the Company to restate the changes referred to
number 1, as well as to compile the entire Company’s Articles Association.
Voting Result Affirmative : 7,627,436,042 shares or 99.9999869%
Non-Affirmative : 0 shares or 0.0000000%
Abstain : 1,000 shares or 0.0000131%
Decision Making : Majority Vote
Realization/Follow-Up Carried out and followed-up in conform with the resolution of the GMS..
The Extraordinary GMS 7 December 2023
Stages of Implementation
Submission
Submission of Registration in
Announcement Invitation Implementation of Meeting
Meeting Plan Shareholders List
Resolutions
24 October 2023 31 October 2023 14 November 2023 15 November 2023 7 December 2023 8 December 2023
Participants of the Extraordinary GMS
Participants who attended the meeting in person are as follows:
Board of Directors Board of Commissioners
Henoch Munandar Chow Ying Hoong*
Darmadi Sutanto Takeshi Kimoto*
Dini Herdini Ninik Herlani Masli Ridhwan
Atsushi Hino Onny Widjanarko
Keishi Kobata Edmund Tondobala
Merisa Darwis Ongki Wanadjati Dana
Hanna Tantani
*) Attended through teleconference video facility.
268 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Good Corporate Governance
Agenda, Decision and Realization of the Extraordinary GMS
Agenda Resolution
Agenda 1
Approval on the 1. Approved the withdrawal of 92,292,198 (ninety two million two hundred ninety two thousand one
implementation of shares hundred ninety eight) shares resulting from share buyback of shares by the Company.
withdrawal resulting from 2. To approve the amendments to Article 4 paragraph (2) of the Company’s AOA in relation to the
buyback. execution of treasury stock withdrawal in point 1 above, according to the table as displayed at the
Meeting.
3. To approve to authorize the Board of Directors of the Company to carry out all necessary actions
related to the withdrawal of treasury stock, to subsequently create and sign the necessary deeds
and letters as well as required documents, in order to file for approval of changes to the Company’s
AOA and/or for the purpose of notification to the relevant governmental authority, including to OJK (if
required) and the Minister of Law and Human
Voting Result Affirmative : 7,627,419,742 shares or 99.9996132%
Non-Affirmative : 0 shares or 0.0000000%
Abstain : 29,500 shares or 0.0003868%
Decision Making : Majority Vote
Realization/Follow-Up Carried out and followed-up in conform with the resolution of the GMS.
Agenda 2
Approval of the plan to 1. To approve the Capital Increase plan by Granting Pre-emptive Rights (“PMHMETD II”) with the total
Increase Capital by Granting number of shares to be issued in the context of PMHMETD II is at maximum amount of 3.095.000.000
Pre-Emptive Rights II shares with a nominal value of IDR20 per share, by taking into account the prevailing laws and
(“PMHMETD II”) or Rights regulations.
Issue II. 2. To approve the amendments to Article 4 paragraph (2) of the Company’s AOA in relation to the
increase in the issued and paid-up capital of the Company resulting from the implementation of the
PMHMETD II.
3. a. To approve the authorization of the Board of Commissioners of the Company in relation to
PMHMETD II;
b. To approve the authorization of the Board of Directors of the Company to carry out any necessary
actions related to the execution of PMHMETD II.
For the above mentioned purposes, the Board of Directors of the Company is eligible to appear before
a Notary or authorized official, provide or request the necessary information, sign, issue and/or submit
documents and carry out any required actions to achieve the implementation of PMHMETD II.
Voting Result Affirmative : 7,627,419,742 shares or 99.9998269%
Non-Affirmative : 13,200 shares or 0.0001731%
Abstain : 0 shares or 0.0000000%
Decision Making : Majority Vote
Realization/Follow-Up Carried out and followed-up in conform with the resolution of the GMS.
2023 ANNUAL REPORT PT BANK BTPN Tbk 269
Page 272
Good Corporate Governance
GENERAL MEETING OF
SHAREHOLDERS (GMS)
Previous Year’s GMS
Agenda, Resolution and Realization of the Annual GMS 21 April 2022
Agenda Resolution
Agenda 1
Ratification and Approval of 1. To approved the Annual Report of the Company’s Board of Directors for fiscal year 2021;
the Financial Statements and 2. To approved the Implementtion Report of Good Corporate Governance (GCG) for fiscal year 2021;
the Annual Report for the fiscal 3. To approved the Annual Supervisory Report of the Company’s Board of Commissioners for fiscal year
year 2021, including but not 2021;
limited to: 4. To approved the Company’s Consolidated Financial Statements for fiscal year 2021 as audited
1. The Implementation by Siddharta Widjaja & Partner Public Accounting Firm, member of KPMG International, with fairly
Report of Good Corporate opinion, in the report No. No.00022/2.1005/AU.1/07/0851-3/1/II/2022 dated 23 February 2022; and
Governance (GCG); 5. To acquit and discharge (volledig acquit en de charge) to all members of the Board of Directors
2. Supervisory Duties and the Board of Commissioners of the Commpany for all actions taken in the management and
Report of the Board of supervision of the Company during fiscal year 2021 provided that such management and supervision
Commissioners for the were reflected in the said Company’s Annual Report and Financial Statements for fiscal year 2021 and
financial year 2021; in compliance with prevailing laws and regulations.
3. Release and Discharge
(Volledig Acquit et
Decharge) of Board of
Directors and Board of
Commissioners for the
financial year 2021
Voting Result Affirmative : 7,615,419,105 shares or 99.9999081%
Non-Affirmative : 5,000 shares or 0.0000657%
Abstain : 2,000 shares or 0.0000263%
Decision Making : Majority Vote
Realization/Follow-Up Carried out and followed-up in conform with the resolution of the GMS.
Agenda 2
Determination on the To approved the Determination on the Appropriation of the Company’s Net Profit for the financial year
Appropriation of the 2021 at the amount of Rp2,664,713,200,958,- (two trillion six hundred sixty four billion seven hundred
Company’s Net Profit for the thirteen million two hundred thousand nine hundred fifty eight rupiah) as follows:
financial year ended on 31 a. Set aside or account for the amount of Rp700,000,- (seven hundred thousand rupiah) as Mandatory
December 2021 Reserve Fund to comply with the provision of Article 70 of Limited Liability Companies Law. Thus, the
Mandatory Reserve Fund initially at the amount of Rp32,595,727,476,- (thirty two billion five hundred
ninety five million seven hundred twenty seven thousand and four hundred seventy six rupiah), will be
increased to the amount of Rp32,596,427,476,- (thirty two billion five hundred ninety six million four
hundred twenty seven thousand and four hundred seventy six rupiah), or equivalent to 20% (twenty
percent) of the Company’s issued and paid-up capital as per 31 December 2021;
b. Determined the Company’s Net Profit for fiscal year 2021, after deduction of the provision for
Mandatory Reserve Fund, at Rp2,664,712,500.958,- (two trillion six hundred sixty four billion seven
hudred twelve million five hundred thousand and nine hundred fifty eight rupiah) recorded as the
Company’s Retained Earnings.
Voting Result Affirmative : 7,615,419,105 shares or 99.9999081%
Non-Affirmative : 5,000 shares or 0.0000657%
Abstain : 2,000 shares or 0.0000263%
Decision Making : Majority Vote
Realization/Follow-Up Carried out and followed-up in conform with the resolution of the GMS.
270 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Good Corporate Governance
Agenda Resolution
Agenda 3
a. Changes in the composition First Section:
of members of the Board of 1. To accepted the statement of Ongki Wanadjati Dana to not be reappointed as the Company’s
Directors; President Director, by extending gratitude for his services provided during his term of office;
b. Changes in the composition 2. The appointment of Adrianus Dani Prabawa upon passing the fit and proper test from the Financial
of members of the Board of Service Authority through Financial Services Authority Letter No. 3/KDK.03/2022 dated 23 February
Commissioners. 2022, to take position as the President Director was not permissible as the concerned passed away
on 25 March 2022, thus the position of President Director remained temporarily vacant;
3. To approved the plan to appoint a President Director to fill in the available position at the soonest
possible in an Extraordinary General Meeting of Shareholders of 2022 (“Extraordinary GMS 2022”) at
the latest in an Extraordinary GMS in 2023 (“Extraordinary GMS 2023”);
4. To accepted the appointment of Kaoru Furuya who at the time was Deputy President Director of the
Company to temporarity take on the function as President Director with the title as Acting President
Director of the Company since the closing of the Meeting until the effective appointment of the new
President Director of the Company at the soonest in an Extraordinary GMS of year 2022 or the latest
Extraordinary GMS of year 2023; and
5. To reappointed all members of the Board of Directors with the exception of Ongki Wanadjati Dana for
the term of office which began as of the closing of the Meeting until the Annual General Meeting of
Shareholders on year 2025 (“GMS of Year 2025”).
Thus, the composition of members of the Board of Directors as of the closing of the Meeting is as
follows:
Position Name
President Director Vacant
Deputy President Director Kaoru Furuya*
Deputy President Director Darmadi Sutanto
Compliance Director Dini Herdini
Director Kan Funakoshi
Director Henoch Munandar
Director Hiromichi Kubo
Director Merisa Darwis
Director Hanna Tantani
*) Kaoru Furuya was appointed as Caretaker of President Director of the Company until the effective appointment
of the new President Director at the soonest in Extraordinary GMS of 2022 or the lates in Annual GMS 2023.
Second Section:
1. To appointed Ongki Wanadjati Dana upon passing the fit and proper test through Financial Services
Authority Letter No. 4/KDK.03/2022 dated 23 February 2022 to take position as Commissioner of the
Company; and
2. To reappointed all members of the Board of Commissioners for the term of office effective as of the
closing of the Meeting until the Annual GMS of 2025.
Thus, the composition of the Board of Commissioners of the Company as of the closing of the
Meeting is as follows:
Position Name
President Commissioner Chow Ying Hoong
Commissioner Takeshi Kimoto
Independent Commissioner Ninik Herlani Masli Ridhwan
Independent Commissioner Irwan Mahjudin Habsjah
Independent Commissioner Edmund Tondobala
Commissioner Ongki Wanadjati Dana
3. Granted full power and authority to the Board of Directors with substitution rights to restate the
resolutions of the Third Agenda of the Meeting into a Notarial Deed as well as to submit all related
documents to the authorized institution including but not limited to the Ministry of Law and Human
Rights, and to for that purpose to take necessary action in accordance with the Company’s Articles of
Association, Regulations of Bank Indonesia and Financial Services Authority.
2023 ANNUAL REPORT PT BANK BTPN Tbk 271
Page 274
Good Corporate Governance
GENERAL MEETING OF
SHAREHOLDERS (GMS)
Agenda Resolution
Voting Result • First Section:
Affirmative : 7,615,418,905 shares or 99.9999055%
Non-Affirmative : 5,000 shares or 0.0000657%
Abstain : 2,200 shares or 0.0000289%
Decision Making: Majority Vote
• Second Section:
Affirmative : 7,615,418,905 shares or 99.9999055%
Non-Affirmative : 5,000 shares or 0.0000657%
Abstain : 2,200 shares or 0.0000289%
Decision Making : Majority Vote
Realization/Follow-Up It has been carried out and followed up in conform with the resolution of the GMS
Agenda 4
Determine the amount of 1. Approved to determine the amount of honorarium and allowance for the Board of Commissioners of
salary, allowance, tantiem the Company for fiscal year 2022 in total not to exceed Rp38,000,000,000,- (thirty eight billion rupiah)
and/or bonus for members gross before Income Tax.
of the Board of Directors 2. Approved to determine the amount of salary and allowance for fiscal year 2022 as well as bonus for
and deermine the amount of the Board of Directors for services rendered during the fiscal year which ended on 31 December 2021,
honorarium, allowance, tantiem to be paid in the year 2022, in total not to exceed Rp184,000,000,000,- (one hundred eighty four
and/or bonus for members of billion rupiah) gross before Income Tax.
the Board of Commissioners. 3. Granted authority to the President Commissioner of the Company to determine the honorarium and
allowance for fiscal year 2022 for each member of the Board of Commissioners of the Company.
This authority was carried out by taking into account recommendations from the Remuneration and
Nomination Committee.
4. Granted authority to the Board of Commissioners of the Company to determine the salary and
allowance for each member of the Board of Directors of the Company for fiscal year 2022 as well
as tantiem and/or bonus for each member of the Board of Directors of the Company for services
rendered during fiscal year which ended on 31 December 2021, to be paid in the year 2022. This
authority was carried out by taking into account the recommendations from the Remuneration and
Nomination Committee.
Voting Result Affirmative : 7,615,418,005 shares or 99.9998936%
Non-Affirmative : 6,100 shares or 0.0000801%
Abstain : 2,000 shares or 0.0000263%
Decision Making : Majority Vote
Realization/Follow-Up It has been carried out and followed up in conform with the resolution of the GMS
Agenda 5
Appointment of Public 1. Approved the appointment of Siddharta Widjaja & Partner as the Public Accounting Firm (KAP), and
Accountant and/or Novie to replace Liana Lim as the Public Accountant registered in Financial Services Authority. KAP
Public Accountant Firm for Siddharta Wdijaja & Partner, member of KPMG International global network, assigned to conduct the
the financial year 2022 and Company’s financial report audit for fiscal year 2022;
Determination of honorarium as 2. Granted authority to the Board of Commissioners of the Company to determine the requirements and
well as other requirements in provisions as well as the audit services fee of the Public Accounting Firm as mentioned in point 1
relation to the appointment above by taking into account the recommendations of the Company’s Audit Committee; dan
3. Granted authority to the Board of Commissioners to set Public Accounting Firm Substitute and/or the
Public Accountant Substitute in the event the Public Accountant appointed based on the resolution of
the General Meeting of Shareholders, for any reason, is not able to complete/conduct the audit of the
Financial Statements ending on 31 December 2022, including to determine the amount of honorarium
and other requirements related to the appointment of the said Public Accountant and/or the Public
Accountant Substitute.
Voting Result Affirmative : 7,615,418,905 shares or 99.9999055%
Non-Affirmative : 5,000 shares or 0.0000657%
Abstain : 2,200 shares or 0.0000289%
Decision Making : Majority Vote
Realization/Follow-Up It has been carried out and followed up in conform with the resolution of the GMS
272 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Good Corporate Governance
Agenda Resolution
Agenda 6
Adjustment of the Company’s 1. Approved the adjustment of the Company’s business activities which therefore amended Article 3 of
Business Activities in the Company’s Articles of Association on the Purpose and Objectives as well as Business Activities;
accordance with Government and
Regulation No.5 of Year 2021 2. Approved to grant authority to the Board of Directors of the Company to restate the Amendment as
on the Implementation of Risk- mentioned in point 1 above, as well as to prepare the overall Articles of Association of the Company.
Based Business Licensing.
Voting Result Affirmative : 7,615,418,905 shares or 99.9999055%
Non-Affirmative : 5,000 shares or 0.0000657%
Abstain : 2,200 shares or 0.0000289%
Decision Making : Majority Vote
Realization/Follow-Up It has been carried out and followed up in conform with the resolution of the GMS
Agenda 7
The Company’s Report No decisions were taken as they were all reports, including the following:
a. The Bannk’s Business Plan a. The Bank’s Business Plan
b. The Financial Sustainability b. The Financial Sustainability Action Plan
Action Plan c. Update of the Company’s Recovery Plan.
c. The Company’s Recovery
Plan.
Voting Result This agenda is a Report and therefore voting was not required.
Realization/Follow-Up It has been carried out and followed up in conform with the resolution of the GMS
Agenda, Decision and Realization of the Extraordinary GMS 29 September 2022
Agenda Resolution
Change in the Composition 1. Approved to Appoint Henoch Munandar who passed the fit and proper test on competency and
of members of the Board of compliance through the letter of the Financial Services Authority No. 30/KDK.03/2022 dated 8 August
Directors of the Company 2022 to take on the position of President Director of the Company effective as of the closing of this
Meeting untilthe Annual GMS 2025.
2. Granted full power and authority to the Board dof Directors of the Company with the right to
substitution to restate the Meeting Agenda’s resolution into a Notary Deed as well as to submit all
related documents to the authorized institution including but not limited to the Ministry of Law and
Human Rights, and for such purpose to take necessary action in accordance with the Company’s
Articles of Association, Bank Indonesia Regulations and Financial Services Authority.
Thus, the composition of members of the Board of Directors as of the closing of the Meeting is as
follows:
Position Name
President Director Henoch Munandar
Deputy President Director Kaoru Furuya
Deputy President Director Darmadi Sutanto
Compliance Director Dini Herdini
Director Kan Funakoshi
Director Hiromichi Kubo
Director Merisa Darwis
Director Hanna Tantani
Voting Result Affirmative : 7,627,424,542 shares or 100%
Non-Affirmative : 0 shares or 0%
Abstain : 0 shares or 0%
Decision Making : Unanimous Vote
Realization/Follow-Up It has been carried out and followed up in conform with the resolution of the GMS
2023 ANNUAL REPORT PT BANK BTPN Tbk 273
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Good Corporate Governance
MAIN AND CONTROLLING
SHAREHOLDERS
Sumitomo Mitsui Financial Group
(SMFG)
100%
Sumitomo Mitsui PT Bank Negara
Public PT Bank Central
Treasury Stock Banking Corporation Indonesia (Persero)
(< 5%) Asia Tbk**
(SMBC) Tbk*
1.13% 7.72% 89.98% 0.15% 1.02%
PT BANK BTPN Tbk
70.00%
1.00% PT Bank BTPN Syariah Tbk
99%
PT BTPN Syariah Ventura
Position as of 31 December 2023
Note:
Ultimate Shareholders
Controlling Shareholders
* Converted shares due to Business Merger with PT Bank
Sumitomo Mitsui Indonesia
** In compliance Government Regulation (PP) No.29 of Year
1999 on the Purchase of Shares of Commercial Banks and
are converted shares due to Business Merger with PT Bank
Sumitomo Mitsui Indonesia
274 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Good Corporate Governance
THE BOARD OF
COMMISSIONERS
The Board of Commissioners is the Company’s organ CRITERIA OF THE BOARD OF
responsible for supervising the Company’s policies and COMMISSIONERS
advising the Board of Directors. Duties, responsibilities,
and other authorities owned by the Board of In line with prevailing provisions, members of the Board
Commissioners are stipulated by prevailing laws and of Commissioners are required to pass the Competency
regulations, including Regulation of the Financial and Compliance Test (Fit and Proper Test) prior to
Services Authority No. 33/POJK.04/2014 regarding the performing their duties. The Bank’s management must
Board of Directors and the Board of Commissioners of meet the requirements of integrity, competence and
Issuers or Public Companies, as well as Law No.40 of financial reputation in accordance with OJK regulation
the Year 2007 on Limited Liability Company. No. 27/POJK.03/2016 concerning the assessment of
capability and appropriateness for the main parties of
The Board of Commissioners is appointed and financial services institutions. As of 31 December 2022,
dismissed by the General Meeting of Shareholders all members of the Board of Commissioners complied
(GMS) based on the recommendation of the with the requirement of passing the fit and proper test.
Remuneration and Nomination Committee, effective as
of the date set by the GMS that appoints the members
of the concerned Board of Commissioners and ends INDEPENDENCY OF THE BOARD OF
as of the closing of the third annual GMS after the date COMMISSIONERS
of appointment. The formation of the composition of
the Board of Commissioners is carried out through On the subject of the independence of the Board of
considerations of the needs and complexity of the Commissioners, the Bank has complied with prevailing
Bank. The composition of the Board of Commissioners laws and regulations, among others, including the
is based on expertise, professional experience, and following:
background. • Members of BTPN’s Board of Commissioners
have fulfilled the number, composition, criteria and
independency in accordance with provisions of the
LEGAL BASIS Financial Services Authority (OJK).
• The Board of Commissioners consisted of 6
Provisions on the Board of Commissioners, among (six) members with 3 (three) members or 50%
others, are regulated in Law No.40 of the year 2007 on are Independent Commissioners. This number
Limited Liability Companies and the Financial Services complied with regulatory requirements, among
Authority Regulation No. 33/POJK.04/2014 on the others, as stipulated in OJK Regulation No. 55/
Board of Directors and the Board of Commissioners of POJK.03/2016 on the Governance Implementation
Issuers or Public Companies, including the Articles of in Commercial Banks that states the minimum
Association of the Company. number of Independent Commissioners is 50% of
the total members of the Board of Commissioners.
Bank BTPN has also developed a code of ethics and • Replacement and appointment of members of the
BOC Manual as a reference for BOC members in Board of Commissioners have taken into account
carrying out their duties and responsibilities, in addition the recommendations from the Remuneration and
to the laws and regulations mentioned above. Nomination Committee.
• Each member of the Board of Commissioners did
All provisions above require companies under not have family relations up to the second degree
the jurisdiction of Indonesian law to have a Board with other members of the Board of Commissioners
of Commissioners. The duties of the Board of and/or members of the Board of Directors.
Commissioners are to oversee management policy and • Members of the Board of Commissioners did not
management process within the company as well as to have concurrent positions beyond what is allowed
supervise and provide suggestion/advice to the Board in OJK Regulation.
of Directors.
2023 ANNUAL REPORT PT BANK BTPN Tbk 275
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Good Corporate Governance
THE BOARD OF
COMMISSIONERS
At the time of the fit and proper test, members of the Based on review results, the content of the Board
Bank’s Board of Commissioners signed the statement Manual of the Board of Commissioners is as follows:
related to corporate governance implementation. This 1. Organization
statement is updated annually and was last updated for 2. Independency
the end of December 2023 position. 3. Duty, Responsibility and Authority
4. Formation of Committees
5. Function of the President Commissioners
THE BOARD OF COMMISSIONERS 6. Ethical Value of Members of the Board of
MANUAL Commissioneres
7. Meeting
In performing its duties and responsibilities, the Board 8. Accountability of the Board of Commissioners
of Commissioners refers to the Board of Commissioners
Manual. The manual is periodically updated, and
improvements refer to prevailing laws and regulations. COMPOSITION OF THE BOARD OF
The Board of Commissioners Manual was last updated COMMISSIONERS
on 12 December 2022.
The Bank’s Board of Commissioners during the year
2022 consisted of 6 (six) members, not exceeding
the Board of Directors 8 (eight) members, with 3
(three) of the 6 (six) members, or 50% of the Board of
Commissioners were Independent Commissioners. The
majority of members of the Board of Commissioners
were Indonesian citizens residing in Indonesia.
Name Position Term of Office Legal Basis of Appointment
Chow Ying Hoong President 2019-2022 • Appointed as Deputy President Commissioner since 1 February
Commissioner 2022-2025 2019 and reappointed through the Annual GMS dated 15
February 2019.
• Appointed as the President Commissioner through the
Extraordinary GMS on 18 November 2020 and reappointed
through the Annual GMS on 21 April 2022.
Takeshi Kimoto Commissioner 2019-2022 Appointment effective since 1 February 2019 and reappointed
2022-2025 through the Annual GMS on 15 February 2019 and 21 April 2022.
Ninik Herlani Masli Ridhwan Independent 2019-2022 Appointment effective as of 1 February 2019 and reappointed
Commissioner 2022-2025 through the Annual GMS on 15 February 2019 and 21 April 2022.
Onny Widjanarko Independent 2023-2025 Appointed through the Annual GMS on 13 April 2023 and effective as
Commissioner of 8 May 2023.
Edmund Tondobala Independent 2020-2022 Appointed through the Extraordinary GMS on 18 November 2020 and
Commissioner 2022-2025 reappointed through the Annual GMS on 21 April 2022.
Ongki Wanadjati Dana Commissioner 2022-2025 Appointed through the Annual GMS on 21 April 2022.
ORIENTATION FOR THE BOARD OF Bank BTPN provides an orientation program for new
COMMISSIONERS members of the Board of Commissioners, offering them
insights into the business activities, future plans of Bank
Bank BTPN assures that each new member of the BTPN, work guidelines, and other responsibilities of
Board of Commissioners receives information on the Board of Commissioners. Through this orientation
the Company needed to carry out his/her duties and program, new members are expected to align their work
responsibilities. The Corporate Secretary is assigned to with other governance organs of the bank. This program
provide the necessary information by such members of
the Board of Commissioners.
276 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Good Corporate Governance
comprises documents prepared by the Corporate f. Duty of care
Secretary unit, including: The Board of Commissioners is responsible for
1. Bank’s Vision and Mission carrying outs its duties and responsibilities with
2. Bank’s Code of Ethics good intention and based on the principles of
3. Bank’s Organizational Structure prudence as well as professionalism. In this
4. Bank’s Articles of Association context, the Board of Commissioners is obligated,
5. Bank’s Policies and Procedures among others, to act as follows:
6. Board of Commissioners’ Working Guidelines (BOC • Always act in with integrity and professionalism
Manual) and Board of Commissioners’ Committee and in sincerity
Charter • Always comply with the principle of prudence
7. Bank’s Annual Reports in making decisions
8. Bank’s Business Plan • Do not instigate the Bank to violate applicable
provisions
In 2023, a new member joined the Board of • Attending and actively involved in Meetings of
Commissioners, Mr. Onny Widjanarko, who is appointed the Board of Commissioners
as an Independent Commissioner of Bank BTPN • To ensure the implementation of the internal
through the EGMS on 13 April 2023, and effective as of control system efficiently and effectively
8 May 2023.
g. Duty of loyalty
It is mandatory for decision-making by the Board of
DUTIES AND RESPONSIBILITIES OF Commissioners to be based solely in the interest of
THE BOARD OF COMMISSIONERS the Bank, in this context it is obligated to put aside
personal or group’s interests above the interest of
In general, the Board of Commissioners retains the the company, whereas the Board of Commissioners
duties and responsibilities that include the following: is not allowed to do the following:
a. The Board of Commissioners is tasked for the • Having direct and indirect transactions with the
interest of the Bank, to oversee policies and the Bank, without first conveying disclosure of the
management carried out by the Board of Directors, relationship and obtaining approval from the
provide advice to the Board of Directors and be Board of Commissioners and/or the GMS
responsible for such supervision in accordance • Take advantage of the Bank, including but not
with the purposes and objectives of the Bank set limited, to using the Bank’s assets and facilities
forth under the provisions of laws and regulations, for personal, family and/or other party’s
Articles of Association and Resolutions of the GMS. interests that may harm or reduce the Bank’s
b. Cohesively directs, monitors, and assesses earnings
governance implementation, risk management, and • Convey information that is not public
compliance as well as the Bank’s strategic policies. information to a third party
c. Provides sufficient time to optimally carry out duties • Take and/or accept personal gain from the
and responsibilities. Bank other than remuneration and other
d. Conducts supervision on follow-ups by the Board facilities as setforth by the GMS
of Directors on audit findings or inspections and • Use of internal information for personal gain
recommendations frorm the Bank’s internal audit
work units, external auditor, results of supervision h. Evaluate, direct, and monitor Information
by the Financial Services Authoriy and/or results of Technology (IT) strategic plans.
supervision by other authorities and institutions. i. Evaluate, direct, and monitor the implementation of
e. In conducting supervision as mentioned in point IT governance
b, the Board of Commissioners is prohibited from j. The Board of Commissioners is obligated
taking part in the Bank’s operational decision- to conduct assessment on the Board of
making activities, unless: Commissioners committee’s performance at least
1) for the provision of funds to related parties at the end of every fiscal year
as regulated in the provisions of the Financial k. The Board of Commissioners may carry out its
Services Authority concerning the Commercial duties and other supervisory authorities.
Banks’ Maximum Limit for Providing Credit;
and
2) other matters set forth under the Bank’s
Articles of Association or applicable laws and
regulations.
2023 ANNUAL REPORT PT BANK BTPN Tbk 277
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Good Corporate Governance
THE BOARD OF
COMMISSIONERS
Specifically, each member of the Board of Commissioners is assigned duties. Details of these duties are described in
the table below:
Division of Duties of the Board of Commissioners
Name Position Duties
Chow Ying Hoong President Commissioner Perform duties and responsibilities as member of the
Remuneration and Nomination Committee
Takeshi Kimoto Commissioner Perform duties and responsibilities as member of the Risk
Monitoring Committee
Ninik Herlani Masli Ridhwan Independent Commissioner Perform duties and responsibilities as:
a. Chairman of the Audit Committee
b. Chairman of the Remuneration and Nomination
Committee
Onny Widjanarko Independent Commissioner Perform duties and responsibilities as:
a. Chairman of the Risk Monitoring Committee
b. Chairman of the Good Corporate Governance
Committee
Edmund Tondobala Independent Commissioner Perform duties and responsibilities as:
a. Member of the Audit Committee
b. Member of the Risk Monitoring Committee
Ongki Wanadjati Dana Commissioner Perform duties and responsibilities as:
a. Member of the Risk Monitoring Committee
b. Member of the Good Corporate Governance Committee
DECISIONS REQUIRING BOARD OF • To establish a new company, to make or to
COMMISSIONER APPROVAL increase the participation in the capital (except the
increase of participation in the capital in connection
• To approve Business Plan Including: with the issuance of stock dividend or bonus shares
- To approve the opening or closing of a branch or in connection with efforts on credit recovery), or
or representative office of BTPN. to decrease the participation of the capital in other
- To approve establishment or dissolution of company, subject to the approval of the competent
department of organization structure of the authority
BTPN. • To borrow money from other party (not included
• To lend money or grant credit facilities or other in letter B2) or to receive a credit facility or other
similar banking facilities or which result in the right banking facility which results in the borrowing of
to claim an amount of money; money to other party in the amount exceeding the
- To a party related/affiliated to the BTPN amount from time to time determined by the Board
in accordance with POJK regarding Legal of Commissioners
Lending Limit of Commercial Bank; or • To write off or to take out from the Company’s
- Which exceeds the amount as set forth by the records the BTPN’s receivables exceeding the
Board of Commissioners from time to time. amount from time to time determined by the Board
• To bind BTPN as a surety or guarantor (borgtocht) of Commissioners
or otherwise to be responsible for the payment of • To transfer or release the BTPN’s rights to demand
obligation of other party; payment of receivables that have been written
- To a party related/affiliated in accordance off exceeding the amount from time to time
with POJK regarding Legal Lending Limit of determined by the Board of Commissioners
Commercial Bank • To buy, sell or transfer or release the title, or
- Which exceeds the amount as set forth by the to provide for security or collateral, the assets
Board of Commissioners from time to time. of the Company either in one transaction or in
several independent or inter related transactions,
in amount exceeding the amount from time to
time determined by the Board of Commissioners
278 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Good Corporate Governance
(without prejudice to Article 15 paragraph 4 of Assessment Criteria
BTPN’s Articles of Association) The parameters or criteria used in the assessment,
• To approve main policies of BTPN and other among others, include the duty implementation of
policies in accordance with laws and regulations the committee in accordance with the Duty and
• To conduct any strategic action or transaction Responsibility Guidelines of the concerned committee.
which will significantly impact BTPN’s continuity, In addition, the committee’s assessment includes the
as determined from time to time by the Board of independency parameter of the concerned committee
Commissioners. member to provide professional and independent
• To approve periodic reports required by local feedback to the Bank.
authorities (BOC Supervisory Report, BOC
evaluation of Committee, BOC evaluation In this respect, the Bank sets the time limit for
of Compliance function, Annual report on committee members’ assignments (aside from the
implementation of GCG, etc) Audit Committee) to maintain the independence of the
• To report and approve other matters related to concerned committee member.
Financial Conglomerate/KUB
• Huge and Extraordinary Payment or Investment.
The category of huge and extraordinary payment INDEPENDENT COMMISSIONERS
or investment are determined by BOC from time to
time. Referring to OJK Regulation No. 17 of Year 2023 on
• Recovery Plan and Resolution Plan Governance Implementation for Commercial Banks,
the number of Independent Commissioner must be
at least 50% of the total members of the Board of
ASSESSMENT OF COMMITTEES UNDER Commissioners. In 2023, the number of Independent
THE BOARD OF COMMISSIONERS Commissioner of Bank BTPN was 3 (three) of the 6 (six)
members of the Board of Commissioners. Thus, the
Until the end of fiscal year 2023, the Board of total has complied with OJK’s provision.
Commissioners had 4 (four) committees under
the Board of Commissioners: Audit Committee, Criteria of the Independent
Remuneration and Nomination Committee, Risk Commissioners
Monitoring Committee, and Corporate Governance In implementing the duties and responsibilities of the
Committee. Board of Commissioners, the role of Independent
Commissioners is crucial, especially when it concerns
The Board of Commissioners views that generally all efforts to prevent conflict of interest and enhance
committees have carried out their duties and functions independence and objectivity.
appropriately. All committees, especially those carrying
out supervisory duties to then provide feedbacks and Independent Commissioners are obligated to comply
recommendations to the Board of Commissioners. with requirements, among others, including the
following:
Assessment Procedures 1. No financial, management, share ownership and/
Assessment implemented on the committees under or family relations with members of the Board of
the Board of Commissioners was conducted through Commissioners, the Board of Directors, and/or
2 (two) methods of evaluating the committees’ overall controlling shareholders or relations with the Bank
performance and evaluation of individual committee that may influence its ability to act independently.
members. 2. Not a person who works or has authorities and
responsibilities to plan, lead, control, or monitor the
Committee assessment is collegially conducted through Bank’s activities in the past 1 (one) year, except for
the self-assessment procedure. Each committee the reappointment of Independent Commissioners
performs such activity taking into account the fulfillment for the following period;
of the set assessment items or parameters. While 3. Does not own shares, directly and indirectly, in the
individual assessment is performed by the chairman Bank;
of the concerned committee on the set assessment 4. No affiliation with the Bank, members of the Board
parameters related to the performance of the concerned of Commissioners, members of the Board of
committee members. Assessment results are then Directors, or main shareholders of the Bank; and
submitted to the Remuneration and Nomination 5. No business relations, directly or indirectly, related
Committee as material for consideration in establishing to the Bank’s business activities.
recommendations to the Board of Commissioners.
2023 ANNUAL REPORT PT BANK BTPN Tbk 279
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Good Corporate Governance
THE BOARD OF
COMMISSIONERS
Independency of Independent Commissioners
In line with OJK Regulation No. 33/POJK.04/2014 on the Board of Directors and the Board of Commissioners of
Issuers or Public Companies, Independent Commissioners are members of the Board of Commissioners from outside
of Issuers or Public Companies and comply with requirements as Independent Commissioners.
The Bank records and controls the term of office of the independent commissioner so that it does not exceed 9 years.
Description of independency of Independent Commissioners is provided in the table below:
Ninik Herlani Masli
Independency Aspect Onny Widjanarko Edmund Tondobala
Ridhwan
No ownership of direct or indirect shares of the Bank. √ √ √
No direct or indirect business relations with the Bank’s business √ √ √
activities.
No concurrent positions: as the Board of Directors or Executive √ √ √
Officer conducting supervision.
No family relations up two second degree level with mutual √ √ √
members of the Board of Commissioners.
PLAN AND IMPLEMENTATION OF 4. The Board of Commissioners approved
WORK PROGRAM IN 2023 recommendations from the Remuneration and
Nomination Committee regarding the remuneration
In 2023, the Board of Commissioners actively oversaw of Board of Commissioners and Directors.
the management and operations of Bank BTPN and 5. Approval of the revision of the Bank’s Business
provided advice and input to the Board of Directors. Plan (RBB) for 2023-2025.
This oversight was aimed at ensuring governance 6. Reviewing and approving the Bank’s Business Plan
implementation across all activities of Bank BTPN. for 2024-2026 and Corporate Plan Changes for
2022-2026.
The supervision was focused on achieving business 7. Approval by the Board of Commissioners regarding
targets while considering risk management and the Annual Work Plan of the Audit Committee and
compliance with applicable regulations. Supervision the Risk Monitoring Committee.
was conducted directly through monitoring the 8. The Board of Commissioners continuously
follow-up on recommendations from the Board of monitored the implementation of governance and
Commissioners to the Board of Directors, as well as compliance with regulations, including financial
through the formed committees. ratios, Bank Health Level - RBBR, application of
APU PPT, and risk management implementation.
Throughout 2023, the Board of Commissioners 9. Conducting oversight functions over the
supervised strategic aspects of the Bank, including: implementation of Corporate Governance through
1. Reviewing the financial performance of Bank BTPN the Corporate Governance Committee.
and its subsidiaries.
2. Through the Risk Monitoring Committee, the Board
of Commissioners also conducted reviews of risk
management, adequacy of internal control systems,
and compliance culture implementation.
3. Ensuring that the Board of Directors had followed
up on findings from Internal Audit, SMBC Audit,
and External Audit, as well as recommendations
from Internal Audit through the Audit Committee.
280 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Good Corporate Governance
COMPETENCY DEVELOPMENT
Policy
As stipulated in the Working Guidelines and Regulations of the Board of Commissioners, competency development
programs for the Board of Commissioners are conducted to support task implementation and achieve sustainable
growth and effective bank management. Bank BTPN facilitates competency development for members through
training programs for the Board of Commissioners, in line with the continuously evolving industry and governance
practices.
Competency development for the Board of Commissioners is also carried out through training programs for its
members, reflecting Bank BTPN’s commitment to support the oversight function of the Board of Commissioners. This
commitment is also evident in the training attended by each member of the Board of Commissioners, as shown in the
realization table below.
Realization
No Name Training Date
1 Chow Ying Hoong 1. Economic Outlook Update by Raden Pardede 1. 6 June 2023
President Commissioner 2. Executive Risk Management Certification Refresher 2. 26 July 2023
3. Leadership Series: Influence for Impact 3. 5 December 2023
4. Political Update by Philips J. Vermonte 4. 8 December 2023
2 Takeshi Kimoto 1. Economic Outlook Update by Raden Pardede 1. 6 June 2023
Commissioner 2. Executive Risk Management Certification Refresher 2. 26 July 2023
3. Leadership Series: Influence for Impact 3. 5 December 2023
4. Political Update by Philips J. Vermonte 4. 8 December 2023
3 Ninik Herlani Masli Ridhwan 1. Leadership Series : Creating Strategy to Connect The Generation Gap 1. 4 March 2023
Independent Commissioner 2. Economic Outlook Update by Raden Pardede 2. 6 June 2023
3. Executive Risk Management Certification Refresher 3. 26 July 2023
4. Leadership Series: Influence for Impact 4. 5 December 2023
5. Political Update by Philips J. Vermonte 5. 8 December 2023
4 Onny Widjanarko 1. Training Sertifikasi Manajemen Risiko Level 2 1. 12 January 2023
Independent Commissioner 2. Induction 2022: BTPN Overview 2. 5 June 2023
3. Economic Outlook Update by Raden Pardede 3. 6 June 2023
4. Induction 2022 : Compliance 4. 17 June 2023
5. Leadership Series: Influence for Impact 5. 5 December 2023
6. Political Update by Philips J. Vermonte 6. 8 December 2023
5 Edmund Tondobala 1. Leadership Series : Creating Strategy to Connect The Generation Gap 1. 4 March 2023
Independent Commissioner 2. Economic Outlook Update by Raden Pardede 2. 6 June 2023
3. Executive Risk Management Certification Refresher 3. 26 July 2023
4. Leadership Series: Influence for Impact 4. 5 December 2023
5. Political Update by Philips J. Vermonte 5. 8 December 2023
6 Ongki Wanadjati Dana 1. Leadership Series : Creating Strategy to Connect The Generation Gap 1. 4 March 2023
Commissioner 2. Economic Outlook Update by Raden Pardede 2. 6 June 2023
3. Leadership Series : Managing Global Business Risk 3. 14 June 2023
4. Executive Risk Management Certification Refresher 4. 26 July 2023
5. Leadership Series: Influence for Impact 5. 5 December 2023
6. Political Update by Philips J. Vermonte 6. 8 December 2023
2023 ANNUAL REPORT PT BANK BTPN Tbk 281
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Good Corporate Governance
THE BOARD OF
DIRECTORS
The Board of Directors is an important company organ BOARD OF DIRECTORS CRITERIA
in corporate governance, holding full responsibility for
the Bank’s management in line with the purpose and Referring to OJK Regulation No. 27/POJK.03/2016
objectives of the Bank. This authority is used for the concerning Fit Proper Test for Main Parties of Financial
interests and objective achievement of the Bank. This Servivces Institutions, each member of the Board of
is aligned with the provisions set under the regulation Directors are obligated to fulfill the set criteria and pass
that states the Board of Directors may represent the the fit and proper test prior to effective carry out their
Bank, both in or out of the court, in accordance with the assigned duties. Determining the criteria for the Board
provisions of the articles of association. of Directors, among others, relies on OJK Regulation
No. 33/POJK.04/2014 regarding the Board of Directors
Among the regulations governing the Board of Directors and the Board of Commissioners of Issuers or Public
are as follows: Financial Services Authority Regulation Companies. Upon appointment, the Board of Directors
No. 33/POJK.04/2014 regarding the Board of Directors must at least fulfill a number of requirements, namely as
and the Board of Commissioners of Issuers or Public follows:
Companies as well as Law No. 40 of Year 2007 1. Has good character, moral and integrity.
regarding Limited Liability Companies. 2. Competent in legal actions.
3. In 5 (five) years prior to appointment and during
Each member of the Board of Directors carries out the office term:
duties according to the division of tasks and authorities. a. Never been declared bankcrupt
The objective is to achieve management effectiveness b. Never been a member of the Board of
and maximum achievement results. BTPN’s Board of Directors and/or member of the Board of
Directors incessantly upholds high professional attitude, Commissioners found guilty of causing a
strategic thinking, and the Bank’s interests as a priority. company to be declared bankrupt
c. Never been convicted of a crime that caused
the state’s financial loss and/or related to the
LEGAL BASIS financial sector
d. Never been a member of the Board Directors
Provisions on the Board of Directors are, among and/or member of the Board of Commissioners
others, regulated by Law No.40 of the year 2007 on that during the term of office:
Limited Liability Companies and OJK Regulation No.33/ • Never hold Annual GMS
POJK.04/2014 on the Board of Directors and the Board • Accountability as member of the Board
of Commissioners of Issuers or Public Companies, of Directors and/or member of the Board
including the Company’s Articles of Association. of Commissioners not accepted by the
GMS or failed to submit accountability as
Furthermore, the Bank also refers to OJK Regulation member of the Board of Directors and/or
No. 55/POJK.03/2016 on Governance Implementation member of the Board of Commissioners to
in Commercial Banks, stipulating that the Board of the GMS
Directors is fully responsible for the management of • Has caused a company that received
the Bank. For this reason, the Board of Directors is the permit, approval or registration from
obligated to implement good corporate governance the Financial Services Authority but failed
principles in each implementation of the Bank’s to comply with the obligation to submit
business activities at all levels or paths of the annual report and/or financial statements
organization. to the Fiinancial ServicesAuthority.
4. Has the commitment to comply with the laws and
The Bank also prepares a code of ethics and BOD regulations.
Manual as a reference for BOD members in carrying out 5. Has the knowledge and/or expertise in the fields
their duties and responsibilities, in addition to the laws required by the Issuer or Public Company.
and regulations as mentioned above.
282 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Good Corporate Governance
Compliance with such requirements must be disclosed 3. Each member of the Board of Directors had no
in a statement letter and submitted to the Bank. Then family relations up to the second degree level with
the Bank is obligated to review and keep it on record. other members of the Board of Directors and/or
members of the Board of Commissioners.
4. Members of the Board of Directors had no
INDEPENDENCY OF THE BOARD OF concurrent positions as stipulated in OJK
DIRECTORS Regulation.
All members of the Board of Directors have no Members of the Bank’s Board of Directors signed
ownership, financial or management relations with the the statement related to Corporate Governance
Bank’s controlling shareholders, with mutual members implementation at the processing time of their fit and
of the Board of Directors and members of the Board of proper test. This statement is updated yearly and was
Commissioners. last updated for the end December 2023 position.
BTPN has also complied with prevailing laws and
regulations related to the independence of the Board of COMPOSITION OF THE BOARD OF
Directors, such as the following: DIRECTORS
1. Members of Bank BTPN’s Board of Directors have
complied with the criteria and independency as Establishing the composition of the Board of Directors
stipulated by regulator. is carried out through considerations of the needs and
2. Replacement and appointment of members of the complexity of the Bank. The composition of the Board
Board of Directors have taken into account the of Directors is based on banking knowledge, expertise,
recommendations from the Remuneration and professional experience, and background to support the
Nomination Committee. effectiveness in implementing the duties of the Board
of Directors, disregarding gender, ethnicity, race, and
religion. In 2022, the Bank’s Board of Directors comprised
8 (eight) members, of which 3 (three) were female.
Name Position Term of Office Legal Basis of Appointment
Henoch Munandar President Director 2019-2022 • Appointed as Director since 1 February 2019 and
2022-2025 reappointed through the Annual GMS on 15 February
2019 and 21 April 2022.
• Appointed as President Director through the
Extraordinary GMS on 29 September 2022.
Kaoru Furuya Deputy President 2021-2022 • Appointed through the Extraordinary GMS on 18
Director 2022-2025 November 2020 and effective since 4 January 2021.
• Reappointed through the Annual GMS on 21 April 2022.
Darmadi Sutanto Deputy President 2020-2022 • Appointed through the Annual GMS on 23 April 2020,
Director 2022-2025 and effective since 14 May 2020.
• Reappointed through the Annual GMS on 21 April 2022.
Dini Herdini Compliance Director 2019-2022 Effective since 1 February 2019 and reappointed through the
2022-2025 Annual GMS on 15 February 2019 and 21 April 2022.
Atsushi Hino Director 2023-2025 Appointed through the Annual GMS on 13 April 2023 and
effective takes on the position as of 15 May 2023.
Keishi Kobata Director 2023-2025 Appointed through the Extraordinary GMS on 22 June 2023
and effective takes on the position as of 25 July 2023.
Merisa Darwis Director 2019-2022 Effective since 1 February 2019 and reappointed through the
2022-2025 Annual GMS on 15 February 2019 and 21 April 2022.
Hanna Tantani Director 2019-2022 Appointed thrugh the Extraordinary GMS on 11 September
2022-2025 2019 and reappointed through the Extraordinaty GMS on 21
April 2022.
ORIENTATION FOR NEW MEMBERS OF THE BOARD OF DIRECTORS
The President Director ensures that new members of the Board of Directors receive necessary information related
to the Bank to carry out their duties and responsibilities properly. The Corporate Secretary, in this respect, invites
the functions of compliance, risk management, and finance to provide the necessary information required by the
respective members of the Board of Directors.
2023 ANNUAL REPORT PT BANK BTPN Tbk 283
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Good Corporate Governance
THE BOARD OF
DIRECTORS
Bank BTPN implements an orientation program for new recommendations from the Internal Audit Work
members of the Board of Directors aimed at providing Unit, external auditor, results of supervision by
an overview of business activities, the Bank’s future the Financial Services Authority and/or results of
plans, work guidelines, and other responsibilities of the supervision by other authorities and institutions;
Board of Directors. 4) In implementing good corporate governance in the
Bank, the Board of Directors is obligated to form
Through this orientation program, new members of the an Internal Audit Work Unit, Risk Management
Board of Directors are expected to work in harmony Work Unit and Compliance Work Unit as well as
with other governance bodies of the bank. The other required work units in accordance with OJK
orientation program materials consist of documents Regulations;
prepared by the Corporate Secretary’s office, including: 5) Disclose to all employees on the Company’s
1. Bank’s Vision and Mission internal policies that are strategic in personnel area.
2. Bank’s Code of Ethics 6) Accountable for the implementation of duties to the
3. Bank’s Organizational Structure shareholders through the GMS
4. Bank’s Articles of Association 7) In managing data and information related to the
5. Company Policies and Procedures Bank, the Board of Directors is obligated to do the
6. Board of Directors’ Guidelines (BOD Manual) and following:
Board Committee Charters • retain and provide data and informasi that are
7. Relevant Banking and Capital Market Regulations accurate, relevant, and on time, including to
8. Bank’s Annual Reports the Board of Commissioners; and
9. Bank’s Business Plans • carry out data and information management in
accordance with Good Corporate Governance
In 2023, there were 2 new members appointed to the in the Bank and provisions of the laws and
Board of Directors: Mr. Atsushi Hino, appointed through regulations.
an AGMS on April 13, 2023, and effective since May 15, 8) Ensure transparency of material information related
2023. Additionally, Mr. Keishi Kobata was appointed to the Company’s business conditions;
through an EGMS on June 22, 2023, and effective since 9) Duty of care
July 25, 2023. The Board of Directors is responsible for carrying
out its duties and responsibilities with good
intention and based on the principles of prudence
DUTIES AND RESPONSIBILITIES OF as well as professionalism. In this context, the
THE BOARD OF DIRECTORS Board of Directors is obligated, among others as
follows:
In general, the Board of Directors retains the duties and • Always act in honesty and in sincerity
responsibilities, among others, as follows: • Always use the principle of prudence in
1) Carry out and be responsible for the management decision making
of the Bank for the interests of the Bank as well as • Not instigate the Bank to violate applicable
authorized to represent the Bank in accordance provisions
with the purposes and objectives of the Bank • Attend and be actively involved in the Board of
as setforth by the provisions of applicable laws Directors Meetings
and regulations, the Articles of Association and • Ensure the implementation of the internal
Resolutions of the GMS; control system efficiently and effectively
2) Integratedly implement Good Corporate 10) Duty of loyalty
Governance in the Bank, risk management The Board of Directors is obligated to make
and compliance in alignment with the latest decisions solely in the interest of the Bank, in this
development in banking ecosystem as well as context, personal or group interests must be set
supported by technological digitalization and aside over the interest of the company. In this
innovation in all levels of the organization.
3) Follow up on audit or inspection findings and
284 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Good Corporate Governance
case, the Board of Directors is prohibited from the • Take and/or receive personal gain from the
following: Bank other than remuneration and othe
• Have direct and indirect transactions with the facilities as setforth by the GMS
Bank, without first disclosing the relationship • Use internal information for personal gain
as well as obtaining approval from the Board of 11) Set IT strategic plans;
Commissioners and/or the GMS 12) Establish and effectively communicate policies,
• Take advantage of the Bank, including but not standards, an procedures related to the
limited, to using the Bank’s assets and facilities implementation and adequate use of IT, to the
for personal, family’s and/or other party’s implementing work units and IT users;
interests that may harm or reduce earnings for 13) Evaluate the strategic objectives, direct the Bank’s
the Bank executive officials and monitor all IT implementation
• Disclose information to third parties that is not activities;
for public consumption 14) The Board of Directors is obligated to assess the
performance of the Board of Directors Committees
at least at every end of the year
Division of Duties of Each Member of the Board of Directors
Position Roles and Responsibilities
President Director Coordinate and generally oversee the duties and responsibilities of all members of the Board of Directors,
covering but not limited to the following areas:
a. Corporate Banking (Japanese)
b. Wholesale Banking
c. Retail Banking
d. Treasury
e. Operational
f. Compliance & Legal
g. Finance
h. Human Resources*)
i. Internal Audit*)
j. Information Technology*)
k. Risk Management*)
Deputy President Director Coordinate and generally oversee the duties and responsibilities of the following:
a. Corporate Banking (Japanese)
b. Treasury
In particular, oversee the following:
a. Credit Risk Division:
• Credit
• Loan
• Transaction Legal
• Commercial Banking Credit Risk
• Credit Planning
• Corporate Portfolio Management
b. Wholesale, Commercial & Transaction Banking*)
• Wholesale Banking
• Wholesale Banking Business Planning
• Structured Finance
• Wholesale Banking Project Management 1
• Wholesale Banking Project Management 2
• Commercial Banking & WFB
• Transaction Banking and Supply Chain
c. Business Banking*)
• Business Development
• Business Banking Credit Risk
• SME
• Business Banking Cross Collaboration
• Business Banking Academy
• Business Banking Policy & Control
• Business Banking Strategy
• Business Banking Support
• Digital SME Business
• Sales Management
Act as Chief Strategic Officer (CSO) based on assignment by the President Director, with duties as
follows:
1. Establish business strategies in the context of collaboration with Sumitomo Mitsui Banking
Corporation (SMBC) group
2. Ensure the alignment of business strategies of subsidiaries with the Company as parent entity
3. Ensure the alignment of business of subsidiaries and the Company as the main entity and controlling
shareholder.
2023 ANNUAL REPORT PT BANK BTPN Tbk 285
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Good Corporate Governance
THE BOARD OF
DIRECTORS
Division of Duties of Each Member of the Board of Directors
Position Roles and Responsibilities
Deputy President Director Specfically to oversee the following:
a. Retail Lending Business
• Pension Business RLB
• Personal Loan RLB
• Micro Business RLB
• Joint Finance RLB
• Sales Management & Process Excellence
• Product & Portfolio Management
b. Wealth Management Business and Network & Distribution*)
• Sales Management WMB
• Liabilities & Digital Management WMB
• Wealth Product Management WMB
• Customer Experience WMB
• Sales Distribution WMB & National Distribution 1
• Network Management WMB
c. Digital Banking*)
• Digital Banking Acquisition, Service & Marketing JENIUS
• Digital Banking Solution
• Digital Banking Product
• Digital Banking Business Performance & Customer Value Management
• Digital Banking Partnership
• Retail Banking Digital Strategy
d. Retail Banking Risk
e. Retail Banking Analytics, Planning & Process Excellence
Compliance Director Specifically to oversee the following:
a. AML&CFT
b. Compliance
c. Corporate Secretary
d. General Counsel
e. Communications & DAYA
Director of Corporate Banking Specifically to oversee the following:
(Japanese) a. Corporate Banking 2
b. Corporate Banking 3
c. Corporate Banking 4
d. Corporate Banking 5
e. Corporate Banking 6
f. KYC Onboarding
g. Corporate Banking Business Planning
h. Corporate Banking Loan Reviewer
i. Credit Analyst Corporate Banking
Operations Director Specifically to oversee the following:
a. Customer Experience Center
b. Branch Banking
c. Operations Transaction Center
d. Reporting, Settlement & Access Management
e. General Services
f. Operations Development
g. Operations Control Assurance
Treasury Director Specifically to oversee the following:
a. Treasury ALM & Planning
b. Treasury Trading
c. Treasury Marketing
Financial & Planning Director Specifically to oversee the following:
a. Financial Planning and Performance
b. Financial Controller
c. Tax Management
d. Finance Risk, Control & Governance
e. Alignment & Synergy
f. Strategy Implementation
*) Related duties and responsibilities are overseen by a member of the Board of Management (BOM).
286 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Good Corporate Governance
SUCCESSION OF THE BOARD OF 7. Approval of employee compensation reviews for
DIRECTORS the year 2022.
8. Reviewing the implementation of risk management,
The policy on the succession of the Board of Directors compliance, and internal controls, including
is facilitated by the Human Resource organization within monitoring the implementation of Anti-Money
the Bank, carried out through the talent management & Laundering and Counter-Terrorist Financing (AML
succession planning process. In this context, Human & CFT) policies, including a review of regulations/
Resource conducts assessment on the availability of guidelines from regulators and their impact on the
prospective members of the Board of Directors and Bank.
their potential future development. 9. Monitoring follow-up actions on audit findings from
Internal Audit, SMBC Audit, and External Audit,
Implementation of this succession is done through as well as oversight results from OJK and other
identification of executive officers with such potentials. authorities.
Each member of the Board of Directors conveys the 10. Reviewing internal fraud, whistleblowing system,
replacement who will be assessed by the Remuneration and follow-up efforts.
and Nomination Committee. This is then forwarded to 11. Approval of the Bank’s Business Plan for the years
the Board of Commissioners for ratification by the GMS. 2024-2026 and Changes to the Corporate Plan for
the years 2022-2026.
PLANS AND REALIZATION OF WORK 12. Updates on the Bank’s Finance and Planning.
PROGRAMS IN 2023
In carrying out its duties, the Board of Directors COMPETENCY DEVELOPMENT OF THE
periodically convenes meetings to discuss matters of a BOARD OF DIRECTORS
strategic nature that require consideration and approval
by the Board of Directors. Policy
As stipulated in the Board of Directors’ Working
Throughout the year 2023, the Board of Directors’ Guidelines and Regulations, competency development
meetings addressed various agendas, including but not programs for the Board of Directors are conducted to
limited to: support the execution of duties and achieve sustainable
1. Monitoring the financial performance of the Bank growth and effective Bank management. Bank BTPN
and its subsidiaries. facilitates competency development through training
2. Evaluating the performance of business units programs for the Board of Directors, aligned with the
against established targets. evolving industry and governance practices.
3. Updating on strategic initiatives and activities
conducted by the finance directorate, including Competency development for the Board of Directors
strategic projects. is also carried out through training programs tailored
4. Reviewing the implementation of Information for members of the Board of Directors. This program
Technology (IT) and operational aspects of the reflects Bank BTPN’s commitment to enhancing
Bank, as well as initiatives in the IT and operational competencies to support the day-to-day duties and
fields. responsibilities of the Board of Directors. Details of
5. Approval of strategic plans for Business Units and the training attended by each member of the Board of
Support Units. Directors can be found in the Company Profile section
6. Approval of revisions to the Bank’s Business Plan of this Annual Report.
(RBB) for the years 2023-2025.
2023 ANNUAL REPORT PT BANK BTPN Tbk 287
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Good Corporate Governance
THE BOARD OF
DIRECTORS
Realization
No Name Training Date
1 Henoch Munandar 1. Thriving in the age of Analytics with Digital Mindset 1. 18 January 2023
President Director 2. Leadership Series : Creating Strategy to Connect The Generation Gap 2. 14 March 2023
3. Media Training 3. 6 July 2023
4. Executive Risk Management Certification Refresher - 2023 4. 26 July 2023
5. Sustainable Finance Offline Seminar 5. 11 August 2023
6. Seminar Nasional “Kebijakan Insentif Likuiditas Makroprudensial 6. 13 September 2023
7. Bank BTPN Sustainability Seminar 2023 7. 12 October 2023
8. CEO Networking 2023 8. 7 November 2023
9. Bank BTPN Economic Outlook 2024 9. 22 November 2023
10. Dialog Akhir Tahun Anggota Dewan Komisioner OJK dan Industri Jasa 10. 1 December 2023
Keuangan 11. 5 December 2023
11. Leadership Series: Influence for Impact with Najwa Shihab 12. 8 December 2023
12. Political Update by Philip J. Vermonte
2 Kaoru Furuya 1. Leadership Series : Creating Strategy to Connect The Generation Gap 1. 14 March 2023
Deputy President Director 2. BTPN Leaders’ Onboarding Program: Indonesia Professional Etiquette 2. 26 May 2023
and HR Practices
3. Economic Outlook Update by Raden Pardede 3. 6 June 2023
4. X-Talk Leadership Series : “Managing Global Business Risks: A 4. 14 June 2023
Proactive Approach” by Tantowi Yahya
5. BTPN Supply Chain Approach Workshop 5. 25 June 2023
6. Media Training 6. 6 July 2023
7. Executive Risk Management Certification Refresher - 2023 7. 26 July 2023
8. Sustainable Finance Offline Seminar 8. 11 August 2023
9. Bloomberg CEO Forum @ASEAN 9. 6 September 2023
10. Bank BTPN Sustainability Seminar 2023 10. 12 October 2023
11. Bank BTPN Economic Outlook 2024 11. 22 November 2023
12. Leadership Series: Influence for Impact with Najwa Shihab 12. 5 December 2023
13. Political Update by Philip J. Vermonte 13. 8 December 2023
3 Darmadi Sutanto 1. Leading in Digital Era 1. 16-21 April 2023
Deputy President Director 2. Economic Outlook Update by Raden Pardede 2. 6 June 2023
3. Media Training 3. 6 July 2023
4. Executive Risk Management Certification Refresher - 2023 4. 26 July 2023
5. Sustainable Finance Offline Seminar 5. 11 August 2023
6. Bank BTPN Sustainability Seminar 2023 6. 12 October 2023
7. Bank BTPN Economic Outlook 2024 7. 22 November 2023
8. Leadership Series: Influence for Impact with Najwa Shihab 8. 5 December 2023
9. Political Update by Philip J. Vermonte 9. 8 December 2023
4 Dini Herdini 1. Thriving in the age of Analytics with Digital Mindset 1. 18 January 2023
Compliance Director 2. Leadership Series : Creating Strategy to Connect The Generation Gap 2. 14 March 2023
3. Seminar HKHPM “Undang-Undang Perkembangan dan Penguatan 3. 20 March 2023
Sektor Jasa Keuangan di Indonesia: Implikasi Pada Sektor Pasar
Modal”
4. Webinar ICSA-OJK : Pendalaman POJK No.14/POJK.04/2019 - 4. 8 June 2023
Penambahan Modal Perusahaan Terbuka dgn memberikan Hak
Memesan Efek terlebih dahulu
5. Media Training 5. 6 July 2023
6. Executive Risk Management Certification Refresher - 2023 6. 26 July 2023
7. Sustainable Finance Offline Seminar 7. 11 August 2023
8. Deloitte Southeast Asia Financial Crime Symposium | The Emerging 8. 3 October 2023
Issue of Financial Crime
9. Bank BTPN Sustainability Seminar 2023 9. 12 October 2023
10. IMD’s Orchestrating Winning Performance, Singapore Leadership 10. 20-24 November
Series: Influence for Impact with Najwa Shihab 2023
11. Political Update by Philip J. Vermonte 11. 8 December 2023
5 Atsushi Hino 1. Economic Outlook Update by Raden Pardede 1. 6 June 2023
Director 2. Media Training 2. 6 July 2023
3. Bank BTPN Sustainability Seminar 2023 3. 12 October 2023
4. Talent Insight Discovery Training 4. 16 October 2023
5. Bank BTPN Economic Outlook 2024 5. 22 November 2023
6. Political Update by Philip J. Vermonte 6. 8 December 2023
288 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Good Corporate Governance
No Name Training Date
6 Keishi Kobata 1. Executive Risk Management Certification Refresher - 2023 1. 26 July 2023
Director 2. Sustainable Finance Offline Seminar 2. 11 August 2023
3. Bank BTPN Sustainability Seminar 2023 3. 12 October 2023
4. Bank BTPN Economic Outlook 2024 4. 22 November 2023
5. Leadership Series: Influence for Impact with Najwa Shihab 5. 5 December 2023
6. Political Update by Philip J. Vermonte 6. 8 December 2023
7 Merisa Darwis 1. Leadership Series : Creating Strategy to Connect The Generation Gap 1. 14 March 2023
Director 2. Economic Outlook Update by Raden Pardede 2. 6 June 2023
3. IMD - Individual Learning Development – Orchestrating Winning 3. 26-30 June 2023
Performance
4. Media Training 4. 6 July 2023
5. Executive Risk Management Certification Refresher - 2023 5. 26 July 2023
6. Sustainable Finance Offline Seminar 6. 11 August 2023
7. Bank BTPN Sustainability Seminar 2023 7. 12 October 2023
8. Bank BTPN Economic Outlook 2024 8. 22 November 2023
9. Leadership Series: Influence for Impact with Najwa Shihab 9. 5 December 2023
7. Political Update by Philip J. Vermonte 10. 8 December 2023
8 Hanna Tantani 1. OJK Webinar - Tren Perbankan di Tahun 2023 1. 17 January 2023
Director 2. Thriving in the age of Analytics with Digital Mindset 2. 18 January 2023
3. OJK Webinar - Implementasi Artificial Intelligence di Industri Jasa 3. 2 February 2023
Keuangan
4. OJK Webinar - The Role of GRC in Supporting Financial Sector 4. 23 February 2023
Performance
5. Webinar - PwC Indonesia Economic Update Q1 – 2023 5. 9 March 2023
6. Harvard yang Driving Digital Strategy 6. 12-17 March 2023
7. Leadership Series : Creating Strategy to Connect The Generation Gap 7. 14 March 2023
8. McKinsey session with BTPN on “AI-enabled customer service” 8. 16 March 2023
9. BCG and AC Ventures’ report launch: Shaping the Future of Fintech in 9. 29 March 2023
Indonesia
10. Economic Outlook Update by Raden Pardede 10. 6 June 2023
11. Empowering Women <IDX> 11. 8 June 2023
12. Media Training 12. 6 July 2023
13. Executive Risk Management Certification Refresher - 2023 13. 26 July 2023
14. PwC WEBINAR: Tax Breakfast Briefing - Discussion on the new rules 14. 2 August 2023
of Benefits In-Kinds
15. Sustainable Finance Offline Seminar 15. 11 August 2023
16. Bank BTPN Sustainability Seminar 2023 16. 12 October 2023
17. Bank BTPN Economic Outlook 2024 17. 22 November 2023
18. Leadership Series: Influence for Impact with Najwa Shihab 18. 5 December 2023
19. Political Update by Philip J. Vermonte 19. 8 December 2023
ASSESSMENT OF COMMITTEES UNDER THE BOARD OF DIRECTORS
Criteria and Procedures of Assessment
In assessing the committees under the Board of Directors, considerations, among others, including meeting
attendance, as well as the implementation of duties. Especially to ensure that all main strategies and initiatives are
acted on.
Assessment Results
Based on considering conducting the assessment, the Board of Directors views that in the year 2023, all committees
have appropriately carried out their duties. Thus, the committees under the supervision of the Board of Directors
were actively involved in supporting the duties of the Board of Directors.
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Good Corporate Governance
TRANSPARENCY OF INFORMATION
ON THE BOARD OF COMMISSIONERS
AND THE BOARD OF DIRECTORS
DIVERSITY IN THE COMPOSITION OF of the implementation of its supervisory function with
THE BOARD OF COMMISSIONERS AND consideration of a wider range of aspects.
THE BOARD OF DIRECTORS
As in the case with the Board of Commissioners,
The policy on the diversity in the composition of the diversity in the composition of members of the Board of
Board of Commissioners and the Board of Directors Directors is a combination of preferred characteristics,
applied within the Bank refers to the Circular Letter of both from the aspect of the Board of Directors as a
the Financial Services Authority No. 32/SEOJK.04/2015 company organ as well as an individual, in line with the
on the Integrated Corporate Governance Guidelines. needs of the Bank. Such combination is determined
Therefore, the appointment of the Board of by means of considering the expertise, knowledge, and
Commissioners and the Board of Directors has taken experience in accordance with the division of duties and
into account and complied with the diversity factor. functions of the Board of Directors in accomplishing the
objectives of the Bank.
Diversity in the Board of Commissioners is reflected in
determining the expertise, knowledge, and experience Considerations on the combination of characteristics of
required to perform supervisory duties and provide the Board of Commissioners will impact the accuracy of
advice. The composition that has taken into account the nomination and appointment process of individual
the needs of a Public Company is a positive point, members of the Board of Directors or collegially the
specifically with respect to decision-making as part Board of Directors. This also applies in the case of the
Board of Commissioners.
Aspect of Diversity Board of Commissioners Board of Directors
Nationality • Indonesian • Indonesian
• Singaporean • Japanese
• Japanese
Education • Economy • Economy
• Financial Management • Management Finance
• Monetary • Law
Work Experience • Banking Practitioner • International Banking
• Auditor • Risk Management
• Financial Executive
Gender • 1 Female • 3 Female
• 5 Male • 5 Male
MEETINGS OF THE BOARD OF 2. Meetings of the Board of Commissioners must be
COMMISSIONERS AND THE BOARD OF attended in person by members at least 2 (two)
DIRECTORS times in a year.
3. The Board of Commissioners must periodically hold
Meetings of The Board Commissioners the meetings jointly with the Board of Directors at
least 1 (one) time every 4 (four) months.
Provisions and Reference 4. The Board of Commissioners must schedule the
The provisions that regulate the meetings of the Board meetings for the following year prior to the end of
of Commissioners as contained in the Board Manual of the fiscal year.
the Board of Commissioners, among others, include the 5. Meetings of the Board of Commissioners are lead
following: by the President Commissioner or in the event the
1. Meetings of the Board of Commissioners must be President Commissioners is unavailable, by another
held periodically at least 1 (one) time within 2 (two) Commissioner appointed in the meeting.
months.
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Good Corporate Governance
6. Meetings of the Board of Commissioners are valid and have the right to make binding decisions if more than ½
(one half) of the total members of Commissioners are present or represented in the meetings.
7. Decision-making in the Meetings of the Board of Commissioners is conducted based on deliberation and
consensus.
8. If deliberative decision for consensus cannot be reached, then the decision is valid if it is taken by voting based
on affirmative votes of at lelast 2/3 (two thirds) of the total votes casted at the meeting.
9. All decisions legally made in the Meetings of the Board of Commissioners are biding to all membersof the Board
of Commissioners.
10. Dissenting opinions that occur in the Meetings of the Board of Commissioners are required to clearly recorded in
the meeting minutes together with the reasons behind such difference in opinions.
Meeting Frequency and Attendance of the Board of Commissioners
Coordination Meeting of
Meeting of the Board the Board
Attendance in the GMS
of Commissioners of Commissioners & the
Name Positions Board of Directors
Number Number
Total Total Total Total
of % of % %
Attendance Attendance GMS Attendance
Meeting Meeting
Chow Ying Hoong President 7 7 100 6 6 100 3 3 100
Commissioner
Takeshi Kimoto Commissioner 7 6 86 6 6 100 3 3 100
Ninik Herlani Masli Independent 7 7 100 6 6 100 3 3 100
Ridhwan Commissioner
Onny Widjanarko1) Independent 5 5 100 4 4 100 2 2 100
Commissioner
Edmund Tondobala Independent 7 7 100 6 6 100 3 3 100
Commissioner
Ongki Wanadjati Dana Commissioner 7 7 100 6 6 100 3 3 100
Irwan Mahjudin Independent 1 1 100 1 1 100 1 1 100
Habsjah 2) Commissioner
1)
Onny Widjanarko was appointed as Independent Commissioner since the closing of AGMS on 13 April and effective as of 8 May 2023
2)
Irwan Mahjudin Habsjah was no longer as Independent Commissioner since the closing of AGMS on 13 April 2023
Meeting Agenda of the Board of Commissioners
No. Minutes of Meeting No. Date Agenda
1 MOM.0001/BOC/I/2022 26 January 2023 1. Q4/2022 Audit Committee Report
2. Q4/2022 Risk Monitoring Committee Report
3. Q4/2022 Remuneration & Nomination Committee Report
4. Q4/2022 GCG Committee Report
2 MOM.0002/BOC/IV/2023 17 April 2023 1. Q1/2023 Audit Committee Report
2. Q1/2023 Risk Monitoring Committee Report
3. Q1/2023 Remuneration & Nomination Committee Report
4. Q1/2023 GCG Committee Report
3 MOM.0003/BOC/VI/2022 22 June 2023 1. Self-Assessment Report for the Performance of Audit Committee
2. Self-Assessment Report for the Performance of Risk Monitoring Committee
3. Self-Assessment Report for the Performance of Remuneration &
Nomination Committee
4. Self-Assessment Report for the Performance of Good Corporate
Governance Committee
5. Committee Site Visit Report
4 MOM.0004/BOC/VII/2023 26 July 2023 1. Q2/2023 AuditCommittee Report
2. Q2/2023 Risk Monitoring Committee Report
3. Q2/2023 Remuneration & Nomination Committee Report
4. Q2/2023 GCG Committee Report
5 MOM.0005/BOC/IX/2023 5 September 2023 1. BOC Approval on Project Utiopia
2. BOC Approval on Treasury Stock
6 MOM.0006/BOC/X/2023 25 October 2023 1. Q3/2023 AuditCommittee Report
2. Q3/2023 Risk Monitoring Committee Report
3. Q3/2023 Remuneration & Nomination Committee Report
4. Q3/2023 GCG Committee Report
7 MOM.0007/BOC/IX/2023 23 November 2023 1. BOC Approval on Audit Committee Working Plan FY2024
2. BOC Approval on Risk Monitoring Committee Working Plan FY2024
2023 ANNUAL REPORT PT BANK BTPN Tbk 291
Page 294
Good Corporate Governance
TRANSPARENCY OF INFORMATION ON THE BOARD
OF COMMISSIONERS AND THE BOARD OF DIRECTORS
Meetings of The Board Of Directors set schedule, meeting materials are to be delivered
at the latest before the meeting is held.
Provisions and Reference 8. Every strategic policy and decision must be
The provisions that regulate the meetings of the Board established through the meeting of the Board of
of Directors as contained in the Board Manual of the Directors by taking into consideration of prevailing
Board of Directors, among others, include the following: provisions.
1. Meetings of the Board of Directors must be held 9. Meetings of the Board of Directors are lead by the
periodically at least 1 (one) time every month. President Director, or in the event the President
2. Meetings of the Board of Directors may be held Director is unavailable, by another Director
if attended or represented by majority of all the appointed in the meeting which does not require to
members of the Board of Directors. be proven to a third-party.
3. The Board of Directors must periodically hold the 10. Decision-making in the Meetings of the Board of
meetings jointly with the Board of Commissioners Directors is conducted based on deliberation and
at least 1 (one) time every 4 (four) months. consensus.
4. The Board of Directors must schedule the meetings 11. If deliberative decision for consensus is not
for the following year prior to the end of the fiscal reached, then the decision is valid if taken through
year. voting based on affirmative votes of more than
5. For scheduled meetings, related mateials are ½ (one half) of the total votes casted during the
delivered to participants at the latest by 5 (five) meeting.
days prior to the meeting. 12. All decisions legally made in the Meetings of the
6. Meetings of the Board of Directors are valid and Board of Directors are binding to all members of
have the right to make binding decisions if more the Board of Directors.
than ½ (one half) of the total members of the Board 13. Dissenting opinions that occur in the Meetings
of Directors are present or represented in the of the Board of Directors are required to clearly
meetings. recorded in the meeting minutes together with the
7. In the event a meeting is to be held outside of the reasons behind such difference in opinions.
Meeting Frequency and Attendance of the Board
of Directors
Coordination Meeting of
Meeting of the Board of the Board
Attendance in the GMS
Directors of Commissioners & the
Name Position Board of Directors
Number Number
Total Total Total Total
of % of % %
Attendance Attendance GMS Attendance
Meeting Meeting
Henoch Munandar President Director 47 40 85 6 6 100 3 3 100
Kaoru Furuya Deputy President 47 41 87 6 6 100 3 3 100
Director
Darmadi Sutanto Deputy President 47 43 91 6 6 100 3 3 100
Director
Dini Herdini Compliance 47 45 96 6 6 100 3 3 100
Director
Keishi Kobata (1) Director 25 21 84 3 3 100 1 1 100
Atsushi Hino (2)
Director 31 27 87 4 4 100 2 2 100
Merisa Darwis Director 47 46 98 6 6 100 3 3 100
Hanna Tantani Director 47 45 96 6 6 100 3 3 100
Kan Funakoshi (3) Director 13 13 100 1 1 100 1 1 100
Hiromichi Kubo (4)
Director 20 20 100 3 3 100 2 2 100
1)
Keishi Kobata was appointed as Director since the closing of EGMS on 22 June 2023 and effective as of 25 July 2023.
2)
Atsushi Hino was appointed as Director since the closing of AGMS on 13 April 2023 and effective as of 15 May 2023.
3)
Kan Funakoshi was no longer in office as Director since the closing of AGMS on 13 April 2023.
4)
Hiromichi Kubo was no longer in office as Director since the closing of EGMS on 22 June 2023.
292 2023 ANNUAL REPORT PT BANK BTPN Tbk
Page 295
Good Corporate Governance
Meeting Agenda of the Board of Directors
No. Minutes of Meeting No. Date Agenda
1 MOM.0001/BOD/I/2023 10 January 2023 1. Financial Performance Update YTD December 2022
2. Preparation meeting for RBB meeting with OJK
3. Governance Update
2 MOM.0002/BOD/I/2023 19 January 2023 1. Q4-2022 Business Banking Update
2. Q4-2022 Retail Lending Business Update
3. Q4-2022 Wealth Management Business Update
3 MOM.0003/BOD/I/2023 24 January 2023 1. Q4-2022 Corporate Banking Japanese Update
2. Q4-2022 Wholesale Banking Group Update
3. Q4-2022 Compliance & AML Update
4. Treasury Update
4 MOM.0004/BOD/I/2023 31January 2023 1. Q4-2022 Digital Banking Business Update
2. FY2022 Operations Update
3. SOX FY2022 PLC - Operating Effectiveness Results
4. Updates from Project Utara
5 MOM.0005/BOD/II/2023 14 February 2023 Updates from Human Resource - Pay Review
6 MOM.0006/BOD/II/2023 14 February 2023 1. Updates from Human Resource
2. Updated on FY2022 Audited Financial Results & Financial Performance
Update YTD January 2023
3. Internal Audit Update
4. Governance Update
5. Update on GL Control & Governance
6. Mandate Letter for Facility from IFC
7 MOM.0007/BOD/II/2023 21 February 2023 1. Treasury Update
2. Governance Update
3. Update from SOX
4. Update on Jenius as a platform
8 MOM.0008/BOD/III/2023 14 March 2023 BOD Update
9 MOM.0009/BOD/III/2023 14 March 2023 1. BTPN Syariah FY2022 Financial Performance
2. Update from Finance: Financial Performance YTD February 2023 & Tax
Update
3. Governance Update
4. Bancassurance Exclusive Partnership Project
10 MOM.0010/BOD/III/2023 21 March 2023 1. Treasury Update
2. Governance Update - Updates from DAYA
3. Updates from SOX
4. Retail End-to-End Operation Initiatives
11 MOM.0011/BOD/III/2023 28 March 2023 Updates on Project Utopia
12 MOM.0012/BOD/IV/2023 4 April 2023 1. Internal Audit Update
2. Governance Update
3. Updates from Finance
4. Socialization from Privy (Digital Signature)
13 MOM.0013/BOD/IV/2023 11 April 2023 1. Updates from Project Utopia
2. Financial Performance YTD March 2023
3. Treasury Update
4. Governance Update
14 MOM.0014/BOD/IV/2022 18 April 2023 1. Q1-2023 Digital Banking Business Update
2. Q1-2023 Retail Lending Business Update
3. Q1-2023 Wealth Management Business and Network & Distribution Update
4. Q1-2023 Business Banking Update
5. Q1-2023 Corporate Banking Japanese Business Update
6. Q1-2023 Wholesale and Commercial Banking Business Update
7. Q1-2023 Operations Update
8. Q1-2023 Compliance & AML Update
15 MOM.0015/BOD/V/2023 2 May 2023 1. 2023 Proposed BOD and BOM Individual KPI
2. Digital Transformation Strategy Implementation
16 MOM.0016/BOD/V/2023 9 May 2023 1. Q1-2023 BTPN Syariah Performance Results
2. Financial Performance YTD April 2023
3. Operations Key Project
4. Updates on SMBC KPI
5. Governance Update
2023 ANNUAL REPORT PT BANK BTPN Tbk 293
Page 296
Good Corporate Governance
TRANSPARENCY OF INFORMATION ON THE BOARD
OF COMMISSIONERS AND THE BOARD OF DIRECTORS
No. Minutes of Meeting No. Date Agenda
17 MOM.0017/BOD/V/2023 23 May 2023 1. Bank Business Plan Update
2. Human Resource Update
3. Treasury Update
4. SOX & GL Update
5. Updates from IT
6. Presentation from SBCS Indonesia
18 MOM.0018/BOD/VI/2023 13 June 2023 1. Updates from Finance:
• Financial Performance YTD May 2023
• Forecast
• Proposed Monthly Letter Guideline
2. Internal Audit Update
3. Governance Update
19 MOM.0019/BOD/VI/2023 20 June 2023 1. Updates on RBB of BTPN Syariah
2. RBB Revision for BOD Approval
20 MOM.0020/BOD/VI/2023 20 June 2023 1. Treasury Update
2. Updates on Customer Protection (Perlinkos)
3. Updates on Pocari Sweat Run Event
21 MOM.0021/BOD/VII/2023 11 July 2023 1. Financial Performance Update YTD June 2023
2. Governance Update
3. Reorganized Project IT
4. Socialization of Brand Transformation Project
5. Updates from IT Investment Committee
6. Updates on D&O Insurance
22 MOM.0022/BOD/VII/2023 18 July 2023 1. Q2-2023 Business Banking Update
2. Q2-2023 Retail Lending Business Update
3. Q2-2023 Wealth Management Business Update
4. Governance Update
23 MOM.0023/BOD/VII/2023 25 July 2023 1. Q2-2023 AML & Compliance Update
2. Treasury Update
3. Q2-2023 Corporate Banking Japanese Business Update
4. Q2-2023 Wholesale Banking Group Update
5. Q2-2023 Operations Update
6. Selling Offering for Unused Properties
24 MOM.0024/BOD/VIII/2023 1 August 2023 1. Q2-2023 BTPN Syariah Performance Update
2. Q2-2023 Digital Banking Business Update
25 MOM.0025/BOD/VIII/2023 8 August 2023 1. Tax Update
2. Peers Bank Comparison Update
3. RBB Update
26 MOM.0026/BOD/VIII/2023 15 August 2023 Updates from Leads Property
27 MOM.0027/BOD/VIII/2023 15 August 2023 1. Updates on Project NEO
2. Financial Performance YTD July 2023
3. Internal Audit Update
4. Governance Update
5. Updates on SOX & GL Governance
6. Project NEO HRIS Update
28 MOM.0028/BOD/VIII/2023 22 August 2023 1. Treasury Update
2. Human Resource Update
3. Governance Update
4. Updates on New Procurement Process
29 MOM.0029/BOD/IX/2023 5 September 2023 1. Forecast 2023 and Bank Business Plan 2024
2. BOD Approval on Project Utopia
3. BOD Approval on Treasury Stock
30 MOM.0030/BOD/IX/2023 12 September 2023 1. Updates on Brand Transformation Project
2. Financial Performance YTD August 2023
3. Governance Update
4. Updates on Bancassurance Partnership
31 MOM.0031/BOD/IX/2023 13 September 2023 BOD Approval on Treasury Stock
32 MOM.0032/BOD/IX/2023 19 September 2023 1. Treasury Update
2. Governance Update
3. Update from SOX IT CLC and ITGC
4. Task Force Kickoff - Project Utopia Post CSPA Activity
294 2023 ANNUAL REPORT PT BANK BTPN Tbk
Page 297
Good Corporate Governance
No. Minutes of Meeting No. Date Agenda
33 MOM.0033/BOD/X/2023 10 October 2023 Property Selling
34 MOM.0034/BOD/X/2023 10 October 2023 1. Financial Performance YTD September 2023
2. Q3-2023 Business Banking Update
3. Internal Audit Update
4. Governance Update
5. Brand Transformation - Vendor
35 MOM.0035/BOD/X/2023 17 October 2023 1. Q3-2023 Corporate Banking Japanese Business Update
2. Q3-2023 Wholesale Banking Group Business Update
3. Q3-2023 Retail Lending Business Update
4. Q3-2023 Wealth Management Business and Network & Distribution Update
5. Governance Update
36 MOM.0036/BOD/X/2023 24 October 2023 Property Selling
37 MOM.0037/BOD/X/2023 24 October 2023 1. Q3-2023 Digital Banking Business Update
2. Q3-2023 BTPN Syariah Performance Update
3. Q3-2023 Operations Update
4. Treasury Update
5. Q3-2023 Compliance & AML Update
38 MOM.0038/BOD/X/2022 24 October 2023 Updates on Project NEO
39 MOM.0039/BOD/XI/2023 31 October 2023 Updates on Project NEO
40 MOM.0040/BOD/XI/2023 7 November 2023 BOD Approval on Bank Business Plan FY2024-2026
41 MOM.0041/BOD/XI/2023 14 November 2023 1. Financial Performance YTD October 2023
2. Employee Attrition Review
3. Human Resource Update
4. Governance Update
5. Employee Engagement Survey (VIBES 3.0) Results
42 MOM.0042/BOD/XI/2023 21 November 2023 1. Treasury Update
2. Customer Protection Committee Update
3. Updates from Finance
• SOX PLC
• GL Governance Update
43 MOM.0043/BOD/XI/2023 28 November 2023 Consultant for BTPN Network & Distribution
44 MOM.0044/BOD/XII/2023 5 December 2023 BOD Approval on Property Selling and Property Release
45 MOM.0045/BOD/XII/2023 05 December 2023 1. BOD Approval on Consultant for BTPN Network & Distribution
2. Investment Plan 2024
46 MOM.0046/BOD/XII/2023 12 December 2023 1. Financial Performance YTD November 2023
2. Internal Audit Update
3. Treasury Update
4. Governance Update
47 MOM.0047/BOD/XII/2023 13 December 2023 Updates on Property Selling
Implementation of Coordination Meetings of the Board of Commissioners and the
Board of Directors
Coordination Meetings of the Board of Commissioners and the Board of Directors are set regularly in conjunction
with the schedule of the Board of Commissioners and the Board of Directors for the full year. Meeting materials and
minutes of a meeting are distributed to the meeting participants and are to be appropriately documented.
The Board of Commissioners holds periodic meetings with the Board of Directors as part of an effective supervisory
function on strategic, financial, operational, internal control systems, compliance, risk management, and governance
aspects.
The meetings were attended, both physically as well as through teleconference technology, by members of the
Board of Commissioners. During 2023, the Coordination Meetings of the Board of Commissioners and the Board of
Directors were held 6 (six) times.
Decision-making in the meetings is based on deliberation and consensus. Throughout 2023, no dissenting opinion
occurred on the meetings’ decisions.
2023 ANNUAL REPORT PT BANK BTPN Tbk 295
Page 298
Good Corporate Governance
TRANSPARENCY OF INFORMATION ON THE BOARD
OF COMMISSIONERS AND THE BOARD OF DIRECTORS
Meeting Agenda of Coordination Meeting of the Board of Commissioners and the Board of Directors
No. Minutes of Meeting No. Date Agenda
1 MOM.0001/BOC- 26 January 2023 1. Explanation on OJK Warning Letter
BOD/I/2023 2. Report on GCG Self-Assessment 2022
3. Report on Financial Performance FY2022 (unaudited)
4. Report on Compliance and AML for positon Q4 2022
5. Monitoring of BOC Committee Recomendation
2 MOM.0002/BOC- 4 May 2023 1. Report on Financial Performance for the position as of Q1 2023
BOD/V/2023 2. Report on Compliance and AML for positon Q1 2023
3 MOM.0003/BOC-BOD/ 22 June 2023 1. BOC Approval for Bank Business Plan Revision for year 2023-2025.
VI/2023 2. Updates on Sustainability
4 MOM.0004/BOC-BOD/ 26 July 2023 1. Report on Good Corporate Governance Self-Assessment as of June 2023
VII/2023 2. Report on Financial Performance For the Position as of Q2 2023
3. Report on Compliance and AML for positon Q2 2023
4. Monitoring of BOC Recommendation for the Position as of June 2023
5 MOM.0005/BOC- 25 October 2023 1. Updates on Project NEO
BOD/X/2023 2. Report on Financial Performance for the Position as of Q3-2023
3. Report on Compliance and AML for positon Q3 2023
6 MOM.0006/BOC-BOD/ 8 November 2023 BOC Approval on Bank Business Plan for year 2024-2026
XI/2023
AFFILIATION OF THE BOARD OF COMMISSIONERS, THE BOARD OF DIRECTORS,
CONTROLLING SHAREHOLDERS
The Board of Commissioners
Financial Relations with Family Relations with
The Board of The Board of Controlling The Board of The Board of Controlling
Name
Commissioners Directors Shareholders Commissioners Directors Shareholders
Yes No Yes No Yes No Yes No Yes No Yes No
Chow Ying Hoong - √ - √ √ - - √ - √ - √
Takeshi Kimoto - √ - √ √ - - √ - √ - √
Ninik Herlani Masli Ridhwan - √ - √ - √ - √ - √ - √
Onny Widjanarko - √ - √ - √ - √ - √ - √
Edmund Tondobala - √ - √ - √ - √ - √ - √
Ongki Wanadjati Dana - √ - √ - √ - √ - √ - √
296 2023 ANNUAL REPORT PT BANK BTPN Tbk
Page 299
Good Corporate Governance
The Board of Directors
Financial Relations with Family Relations with
The Board of The Board of Controlling The Board of The Board of Controlling
Name
Commissioners Directors Shareholders Commissioners Directors Shareholders
Yes No Yes No Yes No Yes No Yes No Yes No
Henoch Munandar - √ - √ - √ - √ - √ - √
Kaoru Furuya - √ - √ - √ - √ - √ - √
Darmadi Sutanto - √ - √ - √ - √ - √ - √
Dini Herdini - √ - √ - √ - √ - √ - √
Keishi Kobata - √ - √ - √ - √ - √ - √
Atsushi Hino - √ - √ - √ - √ - √ - √
Merisa Darwis - √ - √ - √ - √ - √ - √
Hanna Tantani - √ - √ - √ - √ - √ - √
SHARE OWNERSHIP OF THE BOARD OF COMMISSIONERS AND THE BOARD OF
DIRECTORS
Reference
The Bank has a policy that the obligation of the Board of Commissioners and the Board of Directors to disclose to
the Bank regarding shares ownership and changes in the ownership of the shares must be disclosed within 3 working
days following the transactions.
This procedure refers to OJK Regulation No.11/POJK.04/2017 on Report of Shares Ownership or Every Change of
Shares Ownership of Public Companies.
Disclosure of Shares Ownership by the Board of Commissioners
Referring to the Financial Services Authority Regulations and the Corporate Governance Policy related to the
reporting of Shares Ownership and Changes in the Shares Ownership during the year 2022, shares of BTPN owned
by the Board of Commissioners were noted and disclosure report of these shares ownership was in accordance with
prevailing regulations.
Shares ownership of the Board of Commissioners as of December 2022 is listed in table below:
In 2022 In 2023
Name Position Percentage of Percentage of
Total Shares Total Shares
Ownership Ownership
Chow Ying Hoong President Commissioner 0 0.000% 0 0.000%
Takeshi Kimoto Commissioner 0 0.000% 0 0.000%
Ninik Herlani Masli Ridhwan Independent Commissioner 0 0.000% 0 0.000%
Onny Widjanarko Independent Commissioner 0 0.000%
Edmund Tondobala Independent Commissioner 0 0.000% 0 0.000%
Ongki Wanadjati Dana Commissioner 860,804 0.011% 860,804 0.011%
2023 ANNUAL REPORT PT BANK BTPN Tbk 297
Page 300
Good Corporate Governance
TRANSPARENCY OF INFORMATION ON THE BOARD
OF COMMISSIONERS AND THE BOARD OF DIRECTORS
In order to maintain independence to provide objective considerations for the interests of the company and regardless
of potential conflicts of interest, no Independent Commissioner owns shares of the Bank or its subsidiary companies,
or receives incentives or bonuses in the form of shares from the Bank.
One non-independent Commissioner of the Bank owns BTPN shares originating from the MRT program which he
obtained while serving as a member of the Board of Directors.
Disclosure of Shares Ownership by the Board of Directors
In accordance with the Financial Services Authority Regulations and the Corporate Governance Policy related to the
reporting of Shares Ownership and Changes in the Shares Ownership during the year 2022, shares of BTPN owned
by the Board of Directors were noted, and disclosure report of these shares ownership was in accordance with
prevailing regulations.
Shares ownership of the Board of Directors as of December 2022 is listed in the table below:
In 2022 In 2023
Name Position Percentage of Percentage of
Total Shares Total Shares
Ownership Ownership
Henoch Munandar President Director 172.256 0,002% 173.756 0,002
Kaoru Furuya Deputy President Director 1.500 0,000% 3.000 0,000
Darmadi Sutanto Deputy President Director 311.120 0,004% 89.120 0,001
Dini Herdini Compliance Director 117.072 0,001% 118.572 0,001
Atsushi Hino Director 0 0,000
Keishi Kobata Director 0 0,000
Merisa Darwis Director 220.858 0,003% 222.358 0,003
Hanna Tantani Director 146.654 0,002% 148.154 0,002
NOMINATION OF THE BOARD OF COMMISSIONERS AND THE BOARD OF
DIRECTORS
The Board of Commissioners
Policies and Procedures
The nomination policy of members of the Board of Commissioners is implemented in the context of selecting and/or
replacing members of the Board of Commissioners, which will be conveyed in the General Meeting of Shareholders.
The process of selecting candidates is performed by the Remuneration and Nomination Committee. The committee
considers competency and professional experience, as well as the diversity of the composition, disregarding race,
ethnicity, gender, and religion.
The Remuneration and Nomination Committee recommends the selected candidates to the Board of Commissioners
for approval and ratification in the General Meeting of Shareholders. However, before performing their duties,
the Board of Commissioners must pass the fit and proper test. The Bank’s management must comply with the
requirements on financial integrity, competency, and reputation. As of December 2023, all members of the Board of
Commissioners have complied with the requirement of passing the fit and proper test.
298 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Good Corporate Governance
The Board of Commissioners Nomination Process
Selection &
Proposal Decision
Recommendation
1. Nomination proposal of 3. Selection process by the 5. OJK approval on submission of
member candidates for the Remuneration & Nomination proposed member candidates of
Board of Commissioners by Committee covering the the Board of Commissioners
Shareholders/the Board of following: 6. Submission of recommendation
Directors/Commissioners. a. Analysis of competency and of the Remuneration &
2. Submission of proposed background of candidates. Nomination Committee to the
candidates for Commissioners to b. Interview (if necessary) Board of Commissioners
the Remuneration & Nomination 4. Request submission to OJK for 7. The Board of Commissioners
Committee Fit & Proper Test process. proposes the nomination of
member candidates to the
GMS by taking into account
the recommendation from the
Remuneration & Nomination
Committee.
8. GMS resolution on the
composition of members of the
Board of Commissioners.
9. Announcement to OJK on the
change in the composition
of members of the Board of
Commissioners.
The Board of Directors
Policies and Procedures
The nomination policy of members of the Board of Directors is implemented in the context of selecting and/or
replacing members of the Board of Directors, which will then be conveyed in the General Meeting of Shareholders.
The process of selecting candidates is performed by the Remuneration and Nomination Committee. The committee
takes considerations of competency and professional experience, as well as the diversity of the composition,
disregarding race, ethnicity, gender, and religion.
The Remuneration and Nomination Committee recommends selected candidates to the Board of Commissioners
for approval and ratification in the General Meeting of Shareholders. However, the Board of Directors must pass the
fit and proper test before performing their duties. The Bank’s management must comply with the requirements on
financial integrity, competency, and reputation. As of December 2023, all members of the Board of Directors have
complied with the requirement of passing the fit and proper test.
The Board of Directors Nomination Process
Selection &
Proposal Decision
Recommendation
1. Nomination proposal of member 3. Selection process by the 5. OJK approval on submission of
candidates for the Board of Remuneration & Nomination proposed member candidates of
Directors by Shareholders/ Committee covering the the Board of Directors
the Board of Directors/ following: 6. Submission of recommendation
Commissioners. a. Analysis of competency and of the Remuneration &
2. Submission of proposed background of candidates. Nomination Committee to the
candidates for Commissioners to b. Interview (if necessary) Board of Commissioners
the Remuneration & Nomination 4. Request submission to OJK for 7. The Board of Commissioners
Committee Fit & Proper Test process. proposes the nomination of
member candidates to the
GMS by taking into account
the recommendation from the
Remuneration & Nomination
Committee.
8. GMS resolution on the
composition of members of the
Board of Directors.
9. Announcement to OJK on the
change in the composition
of members of the Board of
Directors.
2023 ANNUAL REPORT PT BANK BTPN Tbk 299
Page 302
Good Corporate Governance
TRANSPARENCY OF INFORMATION ON THE BOARD
OF COMMISSIONERS AND THE BOARD OF DIRECTORS
PERFORMANCE ASSESSMENT OF THE Assessment Results
BOARD OF COMMISSIONERS AND THE In the year 2023, the collegial average rate of
BOARD OF DIRECTORS performance of the Board of Commissioners was noted
at “Very Good”. Meanwhile the collegial average rate
Assessment Procedures of the Board of Directors’ performance was noted at
Performance assessment of the Board of “Good”.
Commissioners and the Board of Directors is carried out
through the self-assessment method. The assessment
is conducted collegially every year. REMUNERATION OF THE BOARD OF
COMMISSIONERS AND THE BOARD OF
Assessment Criteria DIRECTORS
The criteria used in the assessment on the Board of
Commissioners cover the following: Policy
1. Responsibility of the Board of Commissioners Determining the remuneration and other facilities for the
2. Governance, risk management, compliance, and Board of Commissioners and the Board of Directors
internal control refers to the decision of the Shareholders established
3. Structure, size and composition of the Board of through the GMS. Establishing the remuneration
Commissioners takes into account the recommendation from the
4. Meetings of the Board of Commissioners Remuneration and Nomination Committee.
5. Committees under the Board of Commissioners
In determining the remuneration of each of the Board
The criteria used in the assessment on the Board of of Commissioners and the Board of Directors, the
Directors cover the following: Bank considers the general performance, individual
1. Duties and responsibilities of the Board of Directors performance appraisal, fairness with the peer group in
2. Corporate governance, risk management, and the Bank and in the banking industry, as well as on the
internal control capability of the Bank. The Bank’s performance as one
3. Structure, size, and the composition of the Board of of the factors determining remuneration for members of
Directors the Board of Commissioners and the Board of Directors,
4. Effectiveness of meetings of the Board of Directors among others, is illustrated by the Company’s share
5. Work units and committees supporting the Board price in the stock market.
of Directors
Assessor
Performance assessment on the Board of
Commissioners is carried out collegially. The Board
of Commissioners simultaneously takes the self-
assessment. The assessment results are then evaluated
in the Meeting of the Board of Commissioners.
Performance assessment of the Board of Directors
is also done collegially. The Board of Directors
simultaneously takes the self-assessment, and the
assessment results are then evaluated in the Meeting of
the Board of Commissioners.
300 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Good Corporate Governance
Procedures of Determining Remuneration
The process of determining the remuneration of the Board of commissioners and the Board of Directors within the
Bank, is explained in the flow chart below:
Selection &
Proposal Decision
Recommendation
1. Survey to obtain data used 4. Based on benchmark (external) 5. Decision of the Board of
as benchmark of the Board of and data of company’s Commissioners on the
Commissioners and the Board performance (internal), remuneration for members of the
of Directors in several banks Committee may provide Board of Commissioners and the
in Indonesia. If required, the suggestions/recommendations Board of Directors.
Committee may assign/work with
on the remuneration of each 6. Approval of the GMS on the
consultant or other independent
parties to acquire valid data.
member of the Board of remuneration of the Board of
2. Committee conducts analysis Commissioners and the Board of Commissioners and the Board of
of acquired results from survey/ Directors. Directors.
benchmarking.
3. Committee reviews Company’s
performance that may reflect
the performance of the Board of
Commissioners and the Board of
Directors.
Remuneration Structure of the Board of Commissioners
Total Amount of Rupiah Received (Gross) in 1 (one) Year
The Board of Commissioners
Type of Remuneration and Other Facilities
Total Recipients as of 31
Rp Million
December 2023
Honorarium and/or Allowances1) 6 15,697
Other facilities in the form of non-cash: housing, insurance, health, and
others that:
• Can be owned 6 911
• Cannot be owned 6 35
Total 6 16,642
1)
Including remuneration of members of the Board of Commissioners who worked until 13 April 2023.
Total Remuneration and Benefits in 1 Year Number of Commissioners
Above Rp2 Billion 4
Above Rp1 Billion – Rp2 Billion 1
Above Rp500 Million – Rp1 Billion 0
Below Rp500 Million 0
The number of members of the Board of Directors, the Board of Commissioners, and Employees as Recipients of
Fixed and Variable Remuneration in 1 year and the Total Nominal amount.
Fixed Category
(Rp Million)
Detail 2023 2022
The Board of Directors 57,429 67,139
The Board of Commissioners 15,725 11,283
Employees 1,428,752 1,355,027
2023 ANNUAL REPORT PT BANK BTPN Tbk 301
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Good Corporate Governance
TRANSPARENCY OF INFORMATION ON THE BOARD
OF COMMISSIONERS AND THE BOARD OF DIRECTORS
Variable Category
(Rp Million)
2023 2022
Detail
Headcount Total Amount Headcount Total Amount
The Board of Directors 9 28,136 16 41,504
The Board of Commissioners - - - -
Employee Bonus - 219,805 - 207,383
Employee Incentive - 20,480 - 17,968
Shares Option of the Board of Directors, the Board of Commissioners, and Executive Officers
BTPN has no shares option program.
Ratio of Highest and Lowest Salary
Detail 2023
Highest of Employee – Lowest of Employee 121.36
Highest of Director – Lowest of Director 5.21
Highest of Commissioner – Lowest of Commissioner 2.73
Highest of Director – Highest of Employee 1.83
Total Variable Remuneration Deferred
(Rp Million)
2023 2022
Detail
Headcount Total Amount Headcount Total Amount
Bonus Deferred (Gross) 17 10,674 9 7.334
Performance Review Related to Remuneration 3. Performance assessment of the unit as well as
The link between performance and remuneration is the individuals is based on the realization of the
explained as follows: targets of the work unit and the individuals. The
1. The Bank refers to the principle of meritocracy in performance of the unit is set with the category
providing remuneration to the Board of Directors – Exceeding Target, Achieving Target or Not
and employees, both for fixed and variable Achieving Target. The unit’s performance also
remuneration. Review of individual remuneration is effects the performance of the head of the
conducted every year and remuneration adjustment concerned unit.
is based on individual performance.
2. In respect to the Bank’s Performance Management, Individual performance is assessed based on the
each member of the Board of Directors and realization of individual targets and evaluated with
employees have individual targets as the basis for categories: Outstanding; Very Good; Good; Need
individual performance appraisal. Individual targets Improvement; Poor.
of the Board of Directors are also the targets of the
work unit/directorate the individual is in, derived The amount of remuneration adjustments are based
from the bank’s targets, and then the targets on the individual performance assessment. The
gradually become the targets of the smallest work management provides guidelines on the amount
unit and the targets of individual employee at the of remuneration adjustment in line with individual
lowest level. performance.
302 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Good Corporate Governance
The Bank also regulates the guidelines on providing 2. Board of Management
variable remuneration, which is associated with • 1/3 provided in the form of cash and 400
performance and risk (Material Risk Taker) with the units of shares
conditions as follows: • 1/3 provided in the form of cash and 400
a. 80% of Variable Income is provided in the form of units of shares
cash. • 1/3 provided in the form of cash and 400
b. 20% of Variable Income is Deferred Variable units of shares
Income with distribution as follows:
1. The Board of Directors Positions and Number of Parties that
• 1/3 provided in the form of cash and 500 Become Material Risk Takers
units of shares Position included in the category of material risk takers
• 1/3 provided in the form of cash and 500 are of the Board of Directors consisting of 8 (eight)
units of shares persons. They are the ones regarded as Material Risk
• 1/3 provided in the form of cash and 500 Takers (MRT) during the year 2023.
units of shares
Total Amount of Rupiah Received (Gross) in 1 Year
The Board of Directors
Type of Remuneration and Other Faciities
Total Recipients? as of 31
Rp Million
December 2023
Salary, bonus, routine allowance, tantiem and other facilities in the form 8 81,892
of cash.1)
Other facilities in the form of non-cash: housing, insurance, health, and 8
others that:
• Can be owned 8 5,924
• Cannot be owned 8 67
Total 8 87,882
1)
Including remuneration of members of the Board of Directors until 25 March 2023, 13 April 2023 and 22 June 2023.
Total Amount of Remuneration and Benefits in 1 Year
Total Amount of Remuneration and Benefits in 1 Year Number of Members of the Board of Directors
Above Rp2 Billion 8
Above Rp1 Billion – Rp2 Billion 2
Above Rp500 Million – Rp1 Billion 1
Below Rp500 Million 0
Variable Remuneration Loan Program
Variable remuneration within the Bank consists of The Bank does not have a special lending program for
Performance incentives and bonuses. The incentive is members of the Board of Directors or members of the
based on the employee’s performance in sales, service, Board of Commissioners.
and collection. The incentive is provided monthly,
quarterly, and yearly. Members of the Board of Directors and/or members of
the Board of Commissioners may apply for loans from
Performance bonus is provided based on the existing commercial bank products with the fair interest
Company’s performance, the performance of the related rate as well as generally accepted terms and conditions.
work unit, and individual performance.
Disbursement is realized in the following year. Furthermore, this transaction will be reported by the
Performance bonus is extended in line with the Bank as part of Related Party Transactions.
performance and financial condition of the Bank. It is
provided yearly to employees who do not receive an
incentive and to the Board of Directors.
2023 ANNUAL REPORT PT BANK BTPN Tbk 303
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Good Corporate Governance
COMMITTEES UNDER THE BOARD
OF COMMISSIONERS
Until the end of fiscal year 2023, the Board of Work Guidelines and Procedures
Commissioners has had 4 (four) committees, namely (Charter)
the Audit Committee, Remuneration & Nomination In carrying out its duties and responsibilities, the Audit
Committee, Risk Monitoring Committee and Good Committee has the Charter that regulate, among others:
Corporate Governance Committee. Each committees organization, membership, independency, duties
is responsible for reviewing and supervising based on and responsibilities, work ethics authority, reporting
the duties and responsibilities set forth in the Charter of responsibility and term of duty.
each respective committee.
This Charter are reviewed periodically to ensure the
coverage is in accordance with applicable provision and
AUDIT COMMITTEE business development of the Bank. The last review was
approved by members of the Audit Committee on 24
The Audit Committee reports to the Board of November 2023.
Commissioners and established to support
the implementation of duties of the Board of Responsibilities of the Audit Committee
Commissioners related to financial information, internal in Providing Recommendations on
control system, effectiveness of internal and external the Appointment and Dismissal of the
audits as well as the Bank’s compliance implementation External Auditor
to prevailing laws and regulations. The Audit Committee provides recommendations to the
Board of Commissioners regarding the appointment
Legal Basis of the Public Accountant (AP) and/or the Public
The establishment of the Bank’s Audit Committee is Accounting Firm (KAP) to be conveyed to the General
based on a number of laws and regulations, namely as Meeting of Shareholders (“GMS”). Preparing the
follows: recommendations is based on independency, scope of
1. Financial Services Authority Regulation Number assignment and service fee.
17 of 2023 dated 14 September 2023 concerning
Governance Implementation for Commercial Banks In the event the AP and/or KAP as decided by the GMS
and FSA Circular Letter No. 13/SEOJK.03/2017 are not able to complete the provision of the audit
dated March 7, 2017 concerning Governance services on the annual historical financial information
Implementation for Commercial Banks. during the Professional Assignment Period, the
2. Financial Services Authority Regulation No. 9 of Committee is obligated to provide recommendations for
2023 dated July 11, 2023 concerning the Use of the appointment of a replacement AP and/or KAP to be
Public Accountants and Public Accounting Firms in submitted to the Board of Commissioners. Providing
Financial Services Activities. recommendations by the Committee should be based
3. Financial Services Authority Regulation No.1/ on at least the following considerations:
POJK.03/2019 dated 28 January 2019 on the a. Independency of the AP, KAP and members in
Implementation of Internal Audit Function in KAP;
Commercial Banks. b. Scope of the audit;
4. Financial Services Authority Regulation No.55/ c. Fee for the audit services;
POJK.04/2015 dated 23 December 2015 on d. Expertise and experience of the AP, KAP, and Audit
the Establishment and Work Guidelines and Team used by KAP;
Procedures of the Audit Committee. e. Methodology, technique, and audit faxixlities used
5. Good Corporate Governance Manual Bank BTPN. by KAP;
f. The advantage of a new point of view to be
obtained through replacing the AP, KAP and Audit
Team from KAP;
g. Potential risks from consecutive use of the audit
services by the same KAP for the quite extensive
time period; and/or,
304 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Good Corporate Governance
h. Results of the assessment on the implementation 2) does not have direct or indirect shares in the
of the audit services provided on annual historical Bank;
financial information by AP and KAP on the 3) does not have Affiliation with the Bank,
previous period, if any. members of the Board of Commissioners,
members of the Board of Directors, or major
Independency shareholders of the Bank; and
The Audit Committee of Bank BTPN works and takes 4) does not have direct or indirect business
decisions independently, as reflected , among others, relationship in connection with the Bank’s
from the membership of the committee, namely as business activities.
follows:
a. Independent Commissioner is a member of the b. Independent parties are parties outside the
Board of Commissioners with the following traits: Bank who do not have financial, management,
1) not a person who works or has the authority share ownership and/or family relationships
and responsibility to plan, lead, control, or with the Board of Commissioners, the Board of
supervise the Bank’s activities for the last 6 Directors and/or controlling shareholders or other
(six) months, unless for a reappointment as the relationships that could affect their ability to act
Bank’s Independent Commissioner for the next independently.
term;
Composition and Term of Office
No. Name Position Basis of Appointment Term of Office
1 Ninik Herlani Masli Ridhwan Chairman Circular Resolution of the Board of • 1 February 2019- 21
(Independent Commissioners No. PS/BOC/021/III/2022 April 2022
Commissioner) and Decision Letter of the Board of Directors • 21 April 2022- Annual
No. SK.003/DIR/CCS/ IV/2022 GMS 2025
2 Edmund Tondobala Member Circular Resolution of the Board of • 18 November 2020-
(Independent Commissioners No. PS/BOC/021/III/2022 21 April 2022
Commissioner) and Decision Letter of the Board of Directors • 21 April 2022-Annual
No. SK.003/DIR/CCS/ IV/2022 GMS 2025
3 Aria Kanaka Member Circular Resolution of the Board of 21 April 2022 -Annual
(Independent Party) Commissioners No. PS/BOC/021/III/2022 GMS 2025
and Decision Letter of the Board of Directors
No. SK.003/DIR/CCS/ IV/2022
4 Ivan Purnama Sanoesi Member Circular Resolution of the Board of • 1 February 2019- 21
(Independent Party) Commissioners No. PS/BOC/021/III/2022 April 2022
and Decision Letter of the Board of Directors • 21 April 2022 – Annual
No. SK.003/DIR/CCS/ IV/2022 GMS 2025
Profile of Members of the Audit Committee
Ninik Herlani Masli Ridhwan
Chairman Audit Committee (Independent Commissioner)
Profile is provided in section “Profile of the Board of Commissioners” of this Annual Report.
Edmund Tondobala
Member Audit Committee (Independent Commissioner)
Profile is provided in section “Profile of the Board of Commissioners” of this Annual Report.
2023 ANNUAL REPORT PT BANK BTPN Tbk 305
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Good Corporate Governance
COMMITTEES UNDER THE BOARD
OF COMMISSIONERS
Nationaility Indonesian
Domicile Jakarta
Age 49 years old as of the end of Fiscal Year 2023
Educational • Masters degree in Accounting from Universitas Indonesia
Background (2010)
• Bachelor’s degree in Accounting from Universitas
Indonesia (1997)
History & Initially appointed as Member of the Audit Committee
Legal Basis of (Independent Party) since 21 April 2022 based on Circular
Appointment & Decision of the Board of Commissioners No. PS/BOC/021/
Term of Office III/2022 and Decision Letter of the Board of Directors No.
003/DIR/CCS/IV/2022.
Concurrent • Partner at KAP Aria Kanaka & Rekan (a member firm of
Positions Mazars SCRL).
• Lecturer at the Faculty of Economics and Business,
University of Indonesia
• Member of the Board of Directors of the Indonesian
Aria Kanaka Institute of Public Accountants
• Member of the Audit Committee and Independent
Member Audit Committee Commissioner in several non-bank public companies
(Independent Party) Work Experience • Partner in KAP (Public Accounting Firm) Kanaka & Partner
(member firm of Mazars SCRL), 2013-present
• Lecturer at the Faculty of Economics and Business at
Universitas Indonesia, 2000-present
• Partner in several Public Accounting Firms, 2003-2013
• Auditor at KAP Prasetio, Sarwoko & Sandjaja (member
firm of Ernst & Young), 2002
• Auditor of KAP Prasetio Utomo & Co (member firm of
Andersen Worldwide), 1997-2002
Affiliation No affiliation with the Board of Directors, the Board of
Commissioners and Controlling Shareholders.
306 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Good Corporate Governance
Nationaility Indonesian
Domicile Jakarta
Age 62 years old as of the end of Fiscal Year 2023
Educational • Masters degree in Financial Management, PPM Institute
Background (2002)
• Bachelors degree in Economic (Accounting), Universitas
Tarumanegara (1988)
History & Initially appointed as Member of the Audit Committee
Legal Basis of (Independent Party) since 1 February 2019 based on Circular
Appointment & Decision of the Board of Commissioners No. PS/BOC/006/
Term of Office II/2019 and Decision Letter of the Board of Directors No. 003/
DIR/CCS/II/2019, reappointed on 21 April 2022 based on
Circular Decision No. PS/BOC/021/III/2022 and Decisioon
Letter of the Board of Directors No. 003/DIR/CCS/IV/2022.
Concurrent • Member of the Audit Committee of PT Bank Mega Tbk.
Positions • Member of the Risk Monitoring Committee of PT Bank Ina
Perdana Tbk.
Ivan Purnama Sanoesi • Member of the Risk Monitoring Committee of PT Bank
Hibank Indonesia
Member Audit Committee • Member of the Risk Monitoring Committee of PT BCA
(Independent Party) Digital
• Member of the Risk Monitoring Committee of PT BANK
BTPN Tbk.
Work Experience • Member of the Audit Committee of PT Bank Sumitomo
Mitsui Indonesia (July 2018-February 2019).
• Advisor at PT Central Santosa Finance (September
2016-August 2018).
• Deputy Head of the Audit Division of PT Bank Central
Asia, Tbk (1999-May 2016).
• Head of the Audit Bureau at PT Bank Central Asia, Tbk
(1992-1999).
• Department Head/ Audit Affairs at PT Bank Central Asia,
Tbk (1989-1992).
• Staff at Audit Division of PT Bank Central Asia, Tbk
(1986–1989).
Affiliation No affiliation with the Bboard of Directors, the Board of
Commissioners and Controlling Shareholders.
Certification of Profession Meetings of the Audit Committee
Terms and Reference
No. Sertifikasi Profesi Jumlah Pemilik The provisions that regulate meetings as stipulated in
the Audit Committee’s guidelines and procedures are as
1 Qualified Internal Auditor (QIA) 1
follows:
2 Assessor of Internal Audit Competency 1
from the National Agency 1. The Committee hold periodic meetings at least 1
(one) time every 3 (three) months.
3 Risk Management Certification Level IV 1
2. Committee meetings may be attended ini person
4 Certification of Profession (BNSP) 1
or through the video conference facility. These
5 Risk Management of Financing 1 meetings may only be held if attendants are present
Company
in person or virtually by at least 51% (fifty-one
6 Securities Trading Broker 1
Representative
percent) of the total members of the Committee.
3. Meeting decisions are taken based on deliberation
7 State Register of Accountants from 1
the Department of Financial of the and concensus, decision-making is conducted
Republic of Indonesia No. D-20.826 based on unanimous votes.
8 Public Accountant Certification (USAP) 1 4. Committee meetings are led by the Chairman of the
from the Indonesian Institute of Committee.
Accountants
5. In the event the Committee Chairman is unable to
attend, then one of the Committee members present
in the meeting is appointed to lead the meeting.
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Good Corporate Governance
COMMITTEES UNDER THE BOARD
OF COMMISSIONERS
6. Dissenting opinions that occur in the Committee 9. The meeting between the Committee and the
meetings, is required to be clearly recorded in the External Auditor without the attendance of
minutes of meeting with the reasons behind the members of the Board of Directors is held at least 1
dissenting opinions. (one) time in a year upon completion of the financial
7. The Committee may also make valid decisions statements.
without holding the committee Meeting, providing 10. The meeting between the Committee and
that all members of the committee are informed in Compliance work unit without the attendance of
writing and all members of the Committee extend member of the Board of Directors is held at least 1
their written approval on the recommendation being (one) time in a year.
proposed by signing the circular approval sheet.
Decisions taken in this manner have the same power Meeting Frequency and Attendance of the Audit
as those taken legally at a Committee Meeting. Committee
8. The meeting between the Committee and Internal During the year 2023, the Audit Committee held 20
Audit without the attendance of members of the (twenty) meetings and details of the attendance are
Board of Directors is held at least 1 (one) time in a provided in the table below:
year.
Name Number of Meeting Attendance Percentage
Ninik Herlani Masli Ridhwan 25 25 100%
Edmund Tondobala 25 23 92%
Aria Kanaka 25 25 100%
Ivan Purnama Sanoesi 25 25 100%
Statement of the Audit Committee on 5. Analyze the adequacy of inspection conducted
the Effectiveness of the Internal Control by External Auditor to ensure all important risks
System are considered.
The Audit Committee has conducted an evaluation 6. Discussion on the implementation of IESBA
and ensured that the implementation of the internal (International Ethics Standard Board of
control system carried out by the Bank was regarded as Acountants) Code of Ethics and on non-
effective and has adequately covered financial control, insurance services analysis based on
operation, and complied with the laws and regulations applicable independency regulations and free
from conflict of interest
Implementation of Activities in 2023
Throughout the year 2023, activities realized by the c. Internal Audit
Audit Committee are as follows: 1. Monitor and review the effectiveness of
a. Financial Statements inspection by internal audit during the years
1. Analyze the Bank’s 2023 financial statements 2022 and 2023.
2. Analyze the periodic financial performance, 2. Review the audit report and follow-up on
projections and other reports related to the internal audit findings including findings related
Bank’s financial information. to Information Technology.
3. Monitor and review the performance of the
b. External Audit Internal Audit (IA).
1. Provide recommendations on the appointment 4. Analyze and provide approval on the Audit
of the External Auditor Plan.
2. Discuss external audit plans 5. Ensure the Bank has internal audit guidelines
3. Review results of the external audit and follow- that also cover audit Information Technology
ups by the Management implementation.
4. Monitor and evaluate the suitability of audit
implementation by External Auditor against
audit standards.
308 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Good Corporate Governance
d. Compliance, Legal & Litigation
1. Review the implementation of Bank Compliance with applicable laws and regulations
2. Monitor follow-ups on results of supervision by the Financial Services Authority
3. Monitor demands that arise and analyze legal issues that can significantly impact the Bank or potentially
cause significant financial loss/material impact on the financial statements
e. Anti-Fraud Management & Whistleblowing
1. Monitor and assess the implementation and effectiveness of the Anti-Fraud Management Strategy
2. Monitor complaints submitted through the Whistleblowing channel
f. Set up work and activity plans for the Audit Committee I 2024
g. Review the Work Code of Conduct of the Audit Committee
Competency Development of the Audit Committee
Competency development presented below is only for the independent members, as for members of the Audit
Committee who are members ofthe Board of Commissioners are presented in the section “Board of Commissioners”
of this Annual Report.
Name of
Type of Training Time and Venue Organizer
Participant
Ivan Purnama 1. Internal Audit Roles and Competency in Consumer Data April 2023 Institute of Internal
Sanoesi Protection & Stay Relevant by Implementing The Internal Audit Auditors (IIA)
Competency Framework Indonesia
2. Disruption Technology, Are We Ready? & ChatGPT, How Useful April 2023 IIA Indonesia
for Internal Audit?
3. How to Manage Team and Boss & Effective Communication Make April 2023 IIA Indonesia
Your Value More Impactful
4. Internal Audit and it’s Roles in Governance June 2023 IIA Indonesia
5. Be Aware of New Styles of Scam August 2023 OJK Institute
6. Opportunities and Challenges in P2P FinTech Lending in the September 2023 OJK Institute
P2SK Era
7. Enhancing ESG Through Best Practices in Accounting December 2023 OJK Institute
Aria Kanaka 1. Role of Audit IT in Support of Auditor’s Work in Financial 8 March 2023 (Institute of
Statement Audits Indonesia Public
Accountants)
2. Short Online Leraning PSAK Series – Issues in Preparing and 8 May 2023 IAPI
Presenting Consolidate Financial Statements
3. OJK Capital Markets Accounting and Audit Considerations as well 8 June 2023 IAPI
as Capital Market Regulations in New Shares Issue Process (IPO)
4. 2023 OJK-IAPI Special PPL for Registered Public Accountants in 14 June 2023 IAPI
OJK Banking Sector – Batch 3
5. Sharing of Findings from Results of Inspection by KAP and PPPK 11 July 2023 IAPI
and Their Risk Mitigation – Batch 3
6. 2023 Mandatory PPL for PPPK Public Accountants – Batch 2 14 July 2023 IAPI
7. PSAK Update In-House Training 22-23 August 2023 IAPI
8. IKPI PPL : Imposition of Income Tax on Income Received or 5 October 2023 CENTRAL IKPI
Obtained by Individual Tax Subjects (Association of
Indonesia Tax
Consultants)
9. 2023 National Conference on “Leading the Sustainability and 19 October 2023 IKAI
Growth of Companies Throuogh Supervision and Risk Control”
10. IKNB OJK PPL on Accounting and Audit Aspects related to 30 October 2023 IAPI
Fintech Financial Statements and Regulations
11. Tax Seminar and Members Meeting: The Future of Tax Court 07 November 2023 IKPI South Jakarta
Post Transfer of Authority of the Ministry Finance to the Supreme Branch
Court; Natura/Amenities in accordance with PMK 66 of Year
2023; Depreciation/Amortization in accordance with PMK 72 of
Year 2023.
2023 ANNUAL REPORT PT BANK BTPN Tbk 309
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Good Corporate Governance
COMMITTEES UNDER THE BOARD
OF COMMISSIONERS
Name of
Type of Training Time and Venue Organizer
Participant
12. Tax Seminar and Members Meeting: The Future of Tax Court 07 November 2023 IKPI South Jakarta
Post Transfer of Authority of the Ministry Finance to the Supreme Branch
Court; Natura/Amenities in accordance with PMK 66 of Year
2023; Depreciation/Amortization in accordance with PMK 72 of
Year 2023.
13. IKPI PPL: “ Tax Aspect & Strategy in Selecting Business Activities 16 November 2023 IKPI CENTRAL
in Determining Tax Planning Policy”
14. NTS IKPI PPL: Series on Development of Tax Consultant Firm: 17 November 2023 IKPI CENTRAL
Gnothi Seauton: What Separates Great Leaders from ALMOST
Great Leaders
15. IKPI PPL: “Tax Planning: Strategy and Technique in Managing 28 December 2023 IKPI CENTRAL
Tax Post Core Tax System Implementation”
REMUNERATION AND NOMINATION • Policies on remuneration, remuneration
COMMITTEE structure and the amount of remuneration for
the Board of Commissioners and the Board
Remuneration and Nomination Committee is the of Directors for presentation at the General
committee formed by and reports to the Board of Meeting of Shareholders.
Commissioners to assist with the implementation • Remuneration policy for Executive Officers and
of the Board of Commissioners’ function and duties employees in general to be presented to the
related to remuneration and nomination of members of Board of Directors.
the Board of Directors and members of the Board of
Commissioners. Remuneration is a reward determined 3. The Committee is obligated to ensure that
and given to members of the Board of Directors and remuneration policies at minimum are in line with:
members of the Board of Commissioners as the • Financial performance and conforms with
position and role assigned to them are in accordance reserves as stipulated in prevailing regulations
with the duties, responsibilities and authority of • Individual work performance
members of the Board of Directors and members of the • Equality with the peer groups inside and
Board of Commissioners. outside of the Bank
• Considerations of long-term goals and
Legal Basis strategies of the Bank.
The legal basis used in the establishment of the
Remuneration and Nomination Committee, namely: Related to nomination policies:
1. Financial Services Authority Regulation No. 55/ 1. Provide recommendations to the Board of
POJK.03/2016 dated December 7, 2016 and OJK Commissioners on the composition of members
Circular Letter No. 13/SEOJK.03/2017 dated of the Board of Directors and/or the Board of
March 7, 2017 regarding the Implementation of Commissioners;
Governance for Commercial Banks; and 2. Prepare and provide recommendations to the
2. Corporate Governance Manual Bank BTPN. Board of Commissioners on the criteria as well as
procedures on the selection and/or replacement of
Duties and Responsibilities members of the Board of Commissioners and the
Details of duties and responsibilities of the Committee Board of Directors to be presented at the General
are as follows: Meeting of Shareholders;
3. Provide recommendations to the Board of
Related to remuneration policy: Commissioners on prospective members of the
1. Conduct evaluation on remuneration policies; and Board of Commissioners and/or the Board of
2. Provide recommendations to the Board of Directors to be presented at the General Meeting
Commissioners on the following: of Shareholders. Specifically, on prospective
members of the Board of Directors, the Human
Resources department assists in facilitating through
the talent management & succession planning
310 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Good Corporate Governance
process where assessment is administered on the • Committee receives assessment results on
availability of candidate members, and on future committee members under the Board of
development potentials. Succession is carried out Commissioners from the Committee Chairman;
through the identification of executive officers with • Committee prepares recommendations on
such potentials. Each member of the Board of the basis of the assessment, to be provided
Directors presents his/her replacement candidate to the Board of Commissioners, as basis
for evaluation by the Committee. of reappointment or dismissal purposes of
4. Assist the Board of Commissioners in performance Committee members.
assessment of members of the Board of Directors
and/or the Board of Commissioners. Independency
5. Prepare the competency development program Composition, qualification and independency of
for members of the Board of Directors and/or the members of the Remuneration and Nomination
Board of Commissioners. Committee are in compliance with OJK regulations.
6. Provide recommendations to the Board of The Remuneration and Nomination Committee is
Commissioners on Independent Parties as chaired by an Independent Commissioner with the
prospective members of the Audit Committee, Risk additional of one Independent Commissioner, two
Monitoring Committee and Integrated Governance Commissioners and one Executive Officer who possess
Committee. the knowledge on remuneration and nomination as well
7. Assist the Board of Commissioners on performance as on succession plan. The composition of members
assessment of the independent parties through the of the committee to date has supported the principle of
following means: independency in the committee’s function.
• Committee determines individual performance
appraisal factors;
Composition and Term of Office
No. Name Position Basis of Appointment Term of Office
1 Ninik Herlani Masli Ridhwan Chairman Circular Resolution of the Board of • 1 March 2020 - 21
(Independent Commissioners No. PS/BOC/021/III/2022 April 2022
Commissioner) and Decision Letter of the Board of Directors • 21 April 2022 Annual
No. SK.006/DIR/CCS/ IV/2022 GMS 2025
2 Chow Ying Hoong Member Circular Resolution of the Board of • 1 February 2019- 21
(President Commissioners No. PS/BOC/021/III/2022 April 2022
Commissioner) and Decision Letter of the Board of Directors • 21 April 2022 - Annual
No. SK.006/DIR/CCS/ IV/2022 GMS 2025
3 Mira Fitria Member Circular Resolution of the Board of • 1 July 2020- 21 April
(HR Executive Officera) Commissioners No. PS/BOC/021/III/2022 2022
and Decision Letter of the Board of Directors • 21 April 2022 - Annual
No. SK.006/DIR/CCS/ IV/2022 GMS 2025
Profil Anggota Komite Remunerasi dan Nominasi
Ninik Herlani Masli Ridhwan
Chairman Remuneration and Nomination Committee
Profile is provided in section “Profile of the Board of Commissioners” of this Annual Report.
Chow Ying Hoong
Member Remuneration and Nomination Committee
Profile is provided in section “Profile of the Board of Commissioners” of this Annual Report.
2023 ANNUAL REPORT PT BANK BTPN Tbk 311
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Good Corporate Governance
COMMITTEES UNDER THE BOARD
OF COMMISSIONERS
Nationaility Indonesian
Domicile Jakarta
Age 46 years as of the end of Fiscal Year 2023
Educational • Post Graduate Research from the London School of
Background Economics and Political Science 9LSE) (2006)
• Master of Arts (MA) from Lancaster University (2001)
• Bachelor of Arts (BA) from Universitas Indonesia (2000)
History & Initially appointed as Member of the Remuneration and
Legal Basis of Nomination Committee since 1 July 2020 based on Circular
Appointment & Decision of the Board of Commissioners No. PS/BOC/031/
Term of Office VII/2020 and Decision Letter of the Board of Directors No.
002/DIR/CCS/VII/2020, reappointed on 21 April 2022 ased
on Circular Decision of the Board of Commissionenrs No.
PS/BOC/021/III/2022 and Decision Letter of the Board of
Directors No. 006/DIR/CCS/IV/2022.
Concurrent Head of Human Resources BTPN
Positions
Mira Fitria Soetjipto
Work Experience • VP of Human Resources Danone Waters Indonesia (2019-
Member Remuneration and 2020).
• CHRO - Corporate Affairs & Sustainability, Human
Nomination Committee Resources, Technology, and Strategy Management The
Body Shop Indonesia (2017-2019).
(HR Executive Officera) • Human Resources Director Microsoft Indonesia (2014-
2016).
• Senior HR Business Partner Microsoft Indonesia (2013-
2014).
• HR Generalist for Retail Bank, Consumer Finance, Risk
Management and Financial Control CITI Indonesia (2008-
2013).
• Leadership, Talent and Performance Management Head
CITI Indonesia (2006-2008).
• Regional Management Associate: Consumer Bank
Training & Development Manager Citibank Asia Pacific
Consumer Bank, Singapore (2003-2004).
• Investment, Treasury and Insurance Compliance Manager
Citibank Indonesia (2002-2003).
• Management Associate Citibank Indonesia (2001-2002).
Affiliation No affiliation with the Board of Directors, the Bboard of
Commissioners and the Controlling Shareholders.
Sertifikasi Profesi 1. The Remuneration and Nomination Committee
holds periodic meetings at least 1 (one) time in 4
(four) months.
No. Sertifikasi Profesi Jumlah Pemilik 2. Decisions taken in the Committee meetings are
based on deliberation and concensus. In the event
1 Sertifikasi Manajemen Resiko Level 1 2
such deliberation and concensus is not reached,
2 Sertifikasi Manajemen Resiko Level 5 1
decision-making shall be conducted based on
3 Sertifikasi General Manager Msdm 1 unanimous votes.
3. Dissenting opinions that occur in the Committee
meetings must be clearly recorded in the minutes
Meetings of the Remuneration and of meeting with the reasons behind the dissenting
Nomination Committee opinions.
Terms and Reference
The provisions related to the meetings of the
Remuneration and Nomination Committee established
within the Bank are as follows:
312 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Good Corporate Governance
Meeting Frequency and Attendance of the Remuneration and Nomination Committee
During the year 2022, the Remuneration and Nomination Committee held 4 meetings and details of the members’
attendance are provided in the table below:
Name Number of Meeting Attendance Percentage
Ninik Herlani Masli Ridhwan 4 4 100%
Chow Ying Hoong 4 4 100%
Mira Fitria 4 4 100%
Implementation of Activities in 2023
Date Agenda
25 January 2023 1. Interview Candidates for Independent Commissioner of PT Bank BTPN Tbk
2. Establish the Recommendation for the Appointment of Independent Commissioners
2 March 2023 1. Performance Assessment of Members of the Board of Directors and Colegial Assessment of the
Board of Commissioners, the Board of Directors & Committee Members
2. Proposal on the Remuneration of the Board of Commissioners, the Board of Directors & Committee
Members
3. Proposal on Health Facilities for the age of the children’s coverage
4. New MRT Scheme to include BOM members
10 March 2023 Proposal on the Remuneration for the Board of Directors
23 October 2023 1. Update from Operations regarding the recent fraud case in Operations.
2. Update from HR regading Acceleration of Fraud Resolution
Competency Development of the Remuneration and Nomination Committee
Competency development presented here is only for independent members, as for members of the Remuneration and
Nominatin Committee from the Board of Commissioners is presented in the section “Board of Commissioners” of this
Annual Report.
Name of
Type of Training Time and Venue Organizer
Participant
Mira Fitria 1. HR Townhall 24 February 20 23 & E-Learning BTPN
2. Leadership Series: Creating Strategies to Connect 14 March 2023 & BTPN BTPN
Generation Gap
3. Anti Trust, Fair Competition, and Firewall 27 March 2023 & E-Learning BTPN
Regulations 2023
4. Ethics Integrity & Conduct Risk 2023 27 March 2023 & E-Learning BTPN
5. Leaders' Onboarding Program 26 May 2023 & E-Learning BTPN
6. Leadership Series: Managing Global Business Risk 14 June 2023 & BTPN BTPN
7. Refreshment 2023: APU PPT 6 July 2023 & E-Learning BTPN
8. REFRESHER SMR LEVEL 1 26 JuIy 2023 & BTPN RDS
9. Anti Fraud Awareness 2023 11 Septemner 2023 & E-Learning BTPN
10. Statement on Anti-Fraud & Integrity Pact and Code 16 October 2023 & E-Learning BTPN
of Conduct of PT Bank BTPN Tbk 2023
11. Information Security Awareness 2023 20 October 2023 & E-Learning BTPN
12. 2023 Operational Risk Management 25 October 2023 & E-Learning BTPN
13. Refreshment 2023: Entertainment & Gift 25 October 2023 & E-Learning BTPN
14. Complaint Handling & Consumer Protection 2023 21 November 2023 & E-Learning BTPN
15. Refreshment 2023: Compliance 21 November 2023 & E-Learning BTPN
16. Leadership series: Influence for Impact 5 December 2023 & BTPN BTPN
17. Intro to Facilitation for HR-Desember-2023 18 December 2023 & E-Learning BTPN
2023 ANNUAL REPORT PT BANK BTPN Tbk 313
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Good Corporate Governance
COMMITTEES UNDER THE BOARD
OF COMMISSIONERS
RISK MONITORING COMMITTEE 2. Provide independent professional opinion to the
Board of Commissioners on reports or matters
The Risk Monitoring Committee assists the Board related to reports or matters related to risk
of Commissioners in carrying out the duties and management submitted by the Board of Directors
responsibilities to actively supervise the risk to the the Board of Commissioners and identify
management of the Bank. matters that require the attention of the Board of
Commissioners.
Legal Basis 3. Evaluate the conformity between the Company’s
The legal basis used in establishing the Risk Monitoring risk management policies and their implementation
Committee consists of the following: in order to provide recommendations to the Board
1. Financial Authority Regulation No.55/POJK.03/2016 of Commissioners.
dated 7 December 2016 and Circular Letter of the 4. Monitor and evaluate the implementation of
Financial Services Authority No.13/ SEOJK.03/2017 duties of the Risk Management Committee and
on Governance Implementation in Commercial Risk Management work unit in order to provide
Banks recommendations to the Board of Commissioners.
2. Financial Services Authority Regulation 5. In carrying out its duties and function, the
No.18/ POJK.03/2016 on Risk Management Committee may conduct investigation on matters
Implementation in Commercial Banks related to the duties and responsibilities of the
3. The Corporate Governance Manual. Committee, as well as with consultant, public
accountant or other external parties appointed by
Work Guidelines and Procedures the Company in context of obtaining information as
(Charter) the basis of the recommendations for the Board of
In Implementing its duties and responsibilities, the Commissioners.
Risk Monitoring Committee issued the Charter that 6. If requested by the Board of Commissioners,
regulate among others: the organization, membership, the Committee may carry out other duties not
independency, duties and responsibilities, authorities, mentioned in the Committee’s Charter, in line
work ethics, meetings, reporting responsibility and duty with the function and role as well as duties of the
term. Committee in accordance with the needs of the
Board of Commissioners from time to time.
The Charter is reviewed periodically to ensure the 7. Maintain confidentiality of all Company’s data and
coverage of the Committee’s work are in accordance information documents.
with applicable provisions and the Bank’s business
development. The last review was approved by the Independency
Risk Monitoring Committee on 2 November 2022. Composition, qualification and independency of
members of the Risk Monitoring Committee are in
Duties and Responsibilities compliance with applicable provisions. The Risk
In support of the effectiveness of the implementation Monitoring Committee is chaired by an Independent
of duties and responsibilities of the Board of Commissioner with members consisting of 1
Commissioners, the Committee was assigned to Commissioner, and 2 (two) Independent Parties with the
provide independent recommendations or professional expertise on risk and financial management.
advice to the Board of Commissioners on reports or
matters submitted by the Board of Directors to the Explanation on the abovementioned Independent
Board of Commissioners and to identify matters that Commissioners and Independent Parties is as follows:
require the attention of the Board of Commissioners, 1. Independent Commissioner is a member of the
among others including the following: Board of Commissioners having no financial,
1. Prepare the annual work plan of the Committee management, shares ownership and/or family
and propose to the Board of Commissioners for relations with other members of the Board of
approval. Commissioners, the Board of Directors and/or
controlling shreholders or other relations that may
influence his/her capacity to act independently.
314 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Good Corporate Governance
2. Independent Party is a party outside of the Company with no financial, management, share ownership and/or
family relations with the Board of Commissioners, the Board of Directors and/or controlling shareholders or other
relations that may influence its capacity to act independently.
Composition and Term of Office
No. Name Position Basis of Appointment Term of Office
1 Onny Widjanarko Chairman Circular Decree of the Board of Commissioners 8 May 2023 - Annual
(Independent Number PS/BOC/026/V/2023 and Decree of GMS 2025
Commissioner) the Board of Directors Number SK.008/DIR/
CCS/ V/2023
2 Takeshi Kimoto Member Circular Resolution of the Board of • 1 February 2019 - 21
(Commissioner) Commissioners No. PS/BOC/021/III/2022 April 2022
and Decision Letter of the Board of Directors • 21 April 2022 - Annual
No. SK.004/DIR/CCS/ IV/2022 GMS 2025
3 Edmund Tondobala Member Circulare Resolution of the Board of 21 April 2022 - Annual
(Independent Commissioners No. PS/BOC/021/III/2022 GMS 2025
Commissioner) and Decision Letter of the Board of Directors
No. SK.004/DIR/CCS/ IV/2022
4 Ongki Wanadjati Dana Member Circular Resolution of the Board of 21 April 2022 - Annual
(Commissioner) Commissioners No. PS/BOC/021/III/2022 GMS 2025
and Decision Letter of the Board of Directors
No. SK.004/DIR/CCS/ IV/2022
5 Sofyan Rambey Member Circular Resolution of the Board of • 1 February 2019 - 21
(Independent Party) Commissioners No. PS/BOC/021/III/2022 April 2022
and Decision Letter of the Board of Directors • 21 April 2022 - Annual
No. SK.004/DIR/CCS/ IV/2022 GMS 2025
6 Ivan Purnama Sanoesi Member Circular Decree of the Board of Commissioners 13 September 2023 -
(Independent Party) Number PS/BOC/048/IX/2023 and Decree of Annual GMS
the Board of Directors Number SK.009/DIR/
CCS/ X/2023
Profile of Members of the Risk Monitoring Committee
Onny Widjanarko
Chairman Risk Monitoring Committee (Independent Commissioner)
Profile is provided in section “Profile of the Board of Commissioners” of this Annual Report.
Takeshi Kimoto
Member Risk Monitoring Committee (Commissioner)
Profile is provided in section “Profile of the Board of Commissioners” of this Annual Report.
Edmund Tondobala
Member Risk Monitoring Committee (Independent Commissioner)
Profile is provided in section “Profile of the Board of Commissioners” of this Annual Report.
Ongki Wanadjati Dana
Member Risk Monitoring Committee (Commissioner)
Profile is provided in section “Profile of the Board of Commissioners” of this Annual Report.
2023 ANNUAL REPORT PT BANK BTPN Tbk 315
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Good Corporate Governance
COMMITTEES UNDER THE BOARD
OF COMMISSIONERS
Nationaility Indonesian
Domicile Jakarta
Age 65 years as of end of Fiscal Year 2023
Educational • MBA in Finance from John. M. Olin School of Business,
Background Washington University, St. Louis, USA (1993)
• Professinal title as Financial Risk Manager (FRM®) from
Global Association of Risk Professional (“GARP”)
History & Initially appointed as Member of the Risk Monitoring
Legal Basis of Committee (Independent Party) since 1 February 2019 based
Appointment & on Circular Decision of the Board of Commissioners No.
Term of Office PS/BOC/006/II/2019 and Decision Letter of the Board of
Directors No. 003/DIR/CCS/II/2019, reappointed on 21 April
2022 based on Circular Letter of the Board of Commissioners
No. PS/BOC/021/III/2022 and Decision Letter of the Board of
Directors No. 004/DIR/CCS/IV/2022.
Concurrent • Director of GReenZONES Society
Positions • CEO & President Director of The Risk Forum
Sofyan Rambey
Work Experience • Regional Director of GARP (2005)
Member Risk Monitoring Committee • EVP at PT Mandiri Sekuritas (2003-2005)
• Group Head at PT Bank Mandiri (2001-2003)
(Independent Party) • Commissioner at PT Exim Securities (1998-2001)
• Bureau Head at PT Bank Exim (1998-2000)
• Section Head at PT Bank Exim (1994-1998)
• Section Head at PT Bank Exim (1988-1991)
• Account Officer at PT Bank Exim (1984-1987)
Affiliation No affiliation with the Board of Directors, the Board of
Comissioners and the Controlling Shareholders.
Ivan Purnama Sanoesi
Member Risk Monitoring Committee (Independent Party)
Profile is provided in section “Profile Audit Committee” of this Annual Report.
Certification of Profession
No. Certification of Profession Total Holder No. Certification of Profession Total Holder
1 Risk Management Level I to III 2 9 Several certifications in the health 1
Certification field (Wellness and Longevity) such
as FINEM (Fellowship in Nutritional
2 Risk Management Level IV Certification 1 and Environmental Medicine) from
3 Financial Risk Manager (FRM) 1 India, 2018, and Master in Advanced
Nutritional Medicine from Malaysia,
4 Trainer for Risk Management Level I-V 1 2021.
Training Certification
10 Qualified Internal Auditor (QIA) 1
5 Investment Manager Representative 1
(WMI) 11 Competency Assessor on Internal 1
Audit from the National Agency for
6 Underwriter Representative (WPEE) 1 Profession Certification (BNSP)
7 Securities Trading Broker 2 12 Risk Management for Financiang 1
Representative (WPPE) Companies
8 Futures Broker Representative (WPB) 1 13 Securities Trading Broker 1
Representative (WPPE)
316 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Good Corporate Governance
Meetings of the Risk Monitoring 5. In the event the Committee Chairman is not able
Committee to attend, then one of the Committee members
attending the meeting is appointe to chair the
Terms and Reference meeting.
The provisions related to the meetings of the Risk 6. Dissenting opinions that occur in Committee
Monitoring Committee established within the Bank are meetings must be clearly recorded in the minutes of
as follows: meeting and together with the reasons behind the
1. The Committee holds periodic meetings at least 1 dissenting opinions.
(one) time in 3 (three) months. 7. The Risk Monitoring Committee may make valid
2. Committee meetings may be attended in person decisions without having to hold Committee Meeting,
or through the video conference facility. Such with the condition that all members of the committee
meetings may be held if attended by at least 51% are informed in writing and all committee members
(fifty-one percent) of the total members including approve in writing of the proposed recommendation
1 Independent Commissioner-member and one by signing the circular approval sheet. Decisions are
Independen Party-member. taken by such means have the same power as those
3. Decisions taken in the Committee Meetings are legally made in Committee Meetings.
based on deliberation and concensus. In the
event deliberation and concensus is not reached, Meeting Frequency and Attendance of the Risk
decision-making is conducted based on unanimous Monitoring Committee
votes. During the year 2023, the Risk Monitoring Committee
4. Committee Meetings are chaired by the Chairman held 17 (seventeen) meetings and details of the
of the Committee. attendance are provided in the table below:
Name Number of Meeting Attendance Percentage
Onny Widjanarko1) 14 12 85,7%
Takeshi Kimoto 17 14 82%
Edmund Tondobala 17 15 88%
Ongki Wanadjati Dana 17 17 100%
Sofyan Rambey 17 17 100%
Ivan Purnama Sanoesi 7 7 100%
Irwan Mahjudin Habsjah2) 2 2 100%
Note:
1)
Onny Widjanarko was appointed as Chairman of the Risk Monitoring Committee since 8 May 2023
2)
Irwan Mahjudin Habsjah was no longer as Chairman of the Risk Monitoring Committee since the closing of the AGMS on 13 April 2023.
Implementation of Activities in 2023 b. Report to Regulators including the Bank Risk
Implementation of activities was carried out throughout Profile Report, ICAAP & RBBR
the year 2023 as follows: c. Implementation of Duties and Responsibilities
1. Monitoring and assessment of the Bank’s risk of the Risk Management Committee.
management implementation, implementation of d. Risk Management Policies
duties of the Risk Management Committee and e. Sustainability (ESG-Green Taxonomy (THI))
Risk Management Work Unit and compliance
between risk management policies and In carrying out monitoring and assessment, the Risk
implementation through the following discussions: Monitoring Committee also discusses the following:
a. Risk aspects including: a. Governance of the CISO (Chief Information
- Credit risks and credit portfolio conditions Security Officer) function.
- Market Risks and Liquidity b. Personal Data Protection (PDP) Law.
- Result of monitoring on Action Plan c. Follow-up on results of monitoring by the
indicators Financial Services Authority related to risk
- Lending yields per (Line of Business) management.
- Operational Risks
- Compliance Risks, Legal Risks, Reputation 2. Prepare the work and activity lans of the Risk
Risks, Strategic Risks Monitoring Committee for 2024.
- Implementtion of Anti-Fraud Strategies 3. Review the Work Guidelines and Procedures of the
including complaints submitted through Risk Monitoring Committee.
the Whistleblowing channel
- Cyber Security Risk
2023 ANNUAL REPORT PT BANK BTPN Tbk 317
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Good Corporate Governance
COMMITTEES UNDER THE BOARD
OF COMMISSIONERS
Competency Development of the Risk Management Committee
Competency development presented here is only on the independent members, as for the competency development
for members of the Risk Monitoring Committee from the Board of Commissioners, is presented in the section on the
“Company Profile” contained in this Annual Report.
Name of
Type of Training Time and Venue Organizer
Participant
Sofyan Rambey 1. The Revolution of Regenerative Medicine). 16-17 February 2023 at Centara The American Academy of Anti
Grand, Centara World, Bangkok, Aging Medicine (A-4M)
Thailand
2. The Essentials Of Functional Medicine 14-16 July 2023 at Avante Hotel, Society for the Advancement
Physician Kuala Lumpur of Hormone and Healthy Aging
Medicine, Malaysia (SAHAMM)
3. BEYOND ORDINARY 2023” - Pioneering 19-20 July 2023 at Putrajaya, Malaysia Medical Association
Medical Advancement Malaysia (MMA)
4. Futuristic Aging-Aesthetic and Functional 11-13 August 2023 at Sheraton Society for Anti-Aging Aesthetic,
Medicine Summit 2023, Imperial, Kuala Lumpur Regenerative Medicine Malaysia
(SAAaRMM)
5. Proactive Anti-aging: Anticipate Health 17-20 August 2023 at the HEAT International
Risks To Prolong Healthspan Athenee Hotel, Bangkok
6. The Better Way - MAAFIM 3rd International 14-17 September 2023 at Palace Malaysian Association for
Conference of The Golden Horses, Seri Advancement of Functional
Kembangan, Malaysia & Interdisciplinary Medicine
(MAAFIM)
7. THE Longevity Summit 2023: THE FUTURE 5-6 December 2023 at Novato, Buck Institute
OF MEDICINE - ELIMINATING DISEASE CA, U.S.
OF AGING
8. “Leveling Up Healthcare” - Longevity 14-16, 2023, Las Vegas, NV, U.S. American Academy of Anti Aging
Festival Medicine (A-4M).
GOOD CORPORATE GOVERNANCE 3. Corporate Governance Manual Bank BTPN.
COMMITTEE
The work guidelines was first drawn up on 25 July 2022
The Committee is established to support the effective as approved by members of the Corporate Governance
implementation of roles and responsibility of the Board Committee and has been periodically reviewed, the last
of Commissioners, among others to supervise and on 18 December 2023.
evaluate the functions of audit, risk management,
finance, compliance and governance in Financial Group Duties and Responsibilities
of the Company. In the context of supporting the effectiveness of the
implementation of duties and responsibilities of the
Legal Basis Board of Commissioners, the Committee has the main
The legal basis in establishing the Corporate duties and responsibilities related to the monitoring and
Governance Committee is as follows: evaluation of the implementation of the audit function,
1. Financial Services Authroity Regulation No.55/ risk management, finance, compliance and governance
POJK.03/2016 dated 7 December 2016 in one Finance Group of the Company, of which among
and Circular Letter of the Financial Services others are described in detail below:
Authority No.13/ SEOJK.03/2017 on Governance a. In supporting the effectiveness of the
Implementation in Commercial Banks. implementation of duties and responsibilities of the
2. Financial Services Authority Regulation No.33/ Board of Commissioners, the Committee prepares
POJK.04/2014 dated 8 December 2014 on the annual activity plan as approved by the Board
the Board of Directors and the Board dof of Commissioners.
Commissioners of Issuers and Public Companies.
318 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Good Corporate Governance
b. The Committee periodically receives reports on control, or supervise the Bank’s activities in the
the implementation of the audit, risk management, least 6 (six) months, except for the reappointment
financial, compliance and governance functions of as the Bank’s Independent Commissioner for
the Company and its Financial Group. the following period; 2) is not owner of shares
c. The Committee provides recommendations to both direct nd indirectly in the Bank; 3) is not
the Board of Commissioners (if necessary) on the affiliated with the Bank, members of the Board of
received reports as mentioned in point b above. Commissioners, members of the Board of Directors
d. The committee provides reports to the Board or shareholders.
of Commissioners on activities periodically b. Independent Party is the party from outside of the
conducted. Bank that does not have financial, management,
e. Maintain confidentiality of all Company data and share ownership and/or family relations with
information documents on hand. the Board of Commissioners, the Board of
Directors and/or controlling shareholders or other
Independency relations that may influence its capability to act
Referring to the Charter of GCG Committee, members independently.
of the Committee consist of at lealst 1 Independent
Commissioner, 1 non-Independent Commissioner and 1 In the context of Independent Commissioners or
Independent Party: Independent Parties receiving the Company shares due
a. Independent Commissioner is a member of the to legal events, then in 6 months upon receiving the
Board of Commissioners who: 1) is not working or shares, it is required for the shares to be transferred to
has the authority and responsibilities to plan, lead, another party.
Composition and Term of Office
No. Name Position Basis of Appointment Term of Office
1 Onny Widjanarko Chairman Circular Decree of the Board of Commissioners 8 May 2023-Annual GMS
(Independent Number PS/BOC/026/V/2023 and Decree of 2025
Commissioner) the Board of Directors Number SK.007/DIR/
CCS/ V/2023
2 Ongki Wanadjati Dana Member Circular Resolution of the Board of 21 April 2022 - Annual
(Commissioner) Commissioners No. PS/BOC/022/III/2022 GMS 2025
and Decision Letter of the Board of Directors
No. SK.005/DIR/CCS/ IV/2022
3 Sofyan Rambey Member Circular Resolution of the Board of • 1 Februari 2019- 21
(Independent Party) Commissioners No. PS/BOC/022/III/2022 April 2022
and Decision Letter of the Board of Directors • 21 April 2022 - Annual
No. SK.005/DIR/CCS/ IV/2022 GMS 2025
Profile of Members of the Good Corporate Governance Committee
Onny Widjanarko
Chairman Good Corporate Governance Committee (Independent Commissioner)
Profile is provided in section “Profile of the Board of Commissioners” of this Annual Report.
Ongki Wanadjati Dana
Member Good Corporate Governance Committee (Commissioner)
Profile is provided in section “Profile of the Board of Commissioners” of this Annual Report.
2023 ANNUAL REPORT PT BANK BTPN Tbk 319
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Good Corporate Governance
COMMITTEES UNDER THE BOARD
OF COMMISSIONERS
Sofyan Rambey
Member Good Corporate Governance Committee (Independent Party)
Profile is provided in section “Profile of the Risk Monitoring Committee” of this Annual Report.
History and Legal Basis of Appointment & Term of Office
Initially appointed as Member of the Corporate Governance Committee (Independent Party) since 21 April 2022 based on Circular Decision
of the Board of Commissioners No. PS/BOC/022/III/2022 and Decision Letter of the Board of Directors No. 005/DIR/CCS/IV/2022.
Professional Certification 3. The Committee may invite other parties other than
the Committee members to attend and provide
information in the Meeting if concerning the
No. Certification of Profession Total Holder Meeting agenda.
4. Members of the Board of Commissioners who are
1 Risk Management Level I-III 1
Certification not members of the Committee may attend the
2 Financial Risk Managemer (FRM) 1 Committee Meetings as observers who do not have
the right to vote in the Meeting decision-making.
3 Trainer for Risk Management Level I-V 1
Training Certification 5. The Committee Meetings may be attended in
4 Investment Manager Representative 1
person or through the video conference facility.
(WMI) These meetings may only be held if attended
5 Underwriter Representative (WPEE) in person or virtually by at least 51% (fifty-one
6 Securities Trading Broker 1
percent) of the total Committee members.
Representative (WPPE) 6. Decisions of the Committee meetings are taken on
7 Futures Broker Representative (WPB) 1 the basis of deliberation and concensus, and based
on unanimous votes.
8 Several certifications in the health 1
field (Wellness and Longevity) such 7. The Committee Meetings are chaired by the
as FINEM (Fellowship in Nutritional Chairman of the Committee.
and Environmental Medicine) from
India, 2018, and Master in Advanced 8. In the event the Chairman of the Committee is
Nutritional Medicine from Malaysia, unable to attend, then one of the Committee
2021, and WPPE.
members attending the meeting is appointed to
chair the meeting.
Meetings of the Good Corporate 9. Dissenting opinions that occur in the Committee
Governance Committee meetings are required to be recorded in the minutes
of meeting with the reasons behind the dissenting
Terms and Reference opinions.
The provisions related the Good Corporate Governance 10. The Committee may also make valid decisions
Committee are stipulated in the Charter of the Good without having to hold Committee Meetings, with
Corporate Governance Committee: the condition that all members of the committee
1. The Committee holds periodic meetings at least 1 must be informed in writing and all members of
(one) time in 6 (six) months. the Committee provide their written approval on
2. The Committee on regular basis invites the proposed recommendation by signing on the
Independent Commissioners and/or the Sharia circular approval sheet. Decision made in this
Supervisory Board from subsidiaries to attend and manner have the same legal power with those
provide information required by the Committee taken in the Committee Meeting.
Meeting.
320 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Good Corporate Governance
Meeting Frequency and Attendance of the Good Corporate Governance Committee
During the year 2023, the Good Corporate Governance Committee held 1 meeting and details on the attendance are
provided below:
Name Number of Meeting Attendance Percentage
Irwan Mahjudin Habsjah1) 1 1 100%
Onny Widjanarko2) 1 1 100%
Ongki Wanadjati Dana 2 2 100%
Sofyan Rambey 2 2 100%
Note:
1)
Irwan Mahjudin Habsjah was no longer the Chairman of Corporate Governance Committee since the closing of the Annual GMS dated 13 April 2023.
2)
Onny Widjanarko was appointed as the Chairman of Good Corporate Governance Committee effective since 8 May 2023.
Implementation of Activities in 2023 Competency Development of the Good
Implementation of activities carried out throughout the Corporate Governance Committee
year 2023 includes the following: Competency development presented here is only
1. Monitoring and assessment of the audit, risk for independent members, as for competency
management, finance, compliance and governance development for Committee members from the Board
functions in one Financial Group of the Company of Commissioners are presented in the section on the
through discussions on the following: “Company Profile” contained in this Annual Report.
a. BTPN Anti-Fraud Management Update
b. BTPNS Anti-Fraud Management Update
c. Report on Banking Synergy Monitoring
d. Report on the Implementation of Governance
in Financial Group
2. Establish work and activity plans of the Corporate
Governance Committee for 2024
3. Review the Work Guidelines and Rules of the
Corporate Governance Committee
2023 ANNUAL REPORT PT BANK BTPN Tbk 321
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Good Corporate Governance
COMMITTEES UNDER
THE BOARD OF DIRECTORS
Bank BTPN formed committees that report to the Board 1. Monitor and manage assets and liabilities.
of Directors in order to support the implementation of 2. Monitor market development and factors that may
duties and responsibilities of the Board of Directors. In influence the financing and liquidity of the bank.
accordance with the provisions, the Bank is obligated 3. Monitor the bank’s risk exposure such as interest
to have at least 3 (three) committees that assist with and exchange value risk.
the duties of the Board of Directors, namely the Risk 4. Decide and provide directions in interest rate
Management Committee, Assets and Liabilities Committee management, both interest funding and lending.
as well as Informatin Technology Steering Committee. 5. And other related matters.
Nevertheless, in view of BTPN’s business complexity, Duties and Responsibilities
good management and improvement in the quality of The Asset and Liability Committee (ALCO) has the duties
Corporate Governance implementation are required. and responsibilities, among others including the following:
For this purpose, the Bank established 9 committees 1. Review, monitor and approve te overall balance
namely as follows: sheet strategy on liquidity, price and capital
1. Asset and Liability Committee management.
2. Risk Management Committee 2. Provide an overview of the domestic and world
3. Information Technology Steering Committee economic conditions, as well as the implication
4. Credit Policy Committee analysis from the monetary and fiscal policies which
5. Credit Committee have been and/or will be taken by the government.
6. Information Governance Steering Committee
7. Human Resources Committee Implementation of Activities in 2023
8. Fraud Committee Implementation of activities and/or decisions taken and
9. Sustainability Committee realized during the year 2023 are as follows:
1. Approved the application of maximum limit
between FTP and Jibor on Tactical FTP. (March
ASSET AND LIABILITY COMMITTEE 2023)
(ALCO) 2. Approved the use of FTP Loan Tenor 2 Weeks for
BNPL (Buy Now Pay Later) product of Jenius.
Structure and Membership (March 2023)
Composition of members of the Asset and Liability 3. Approved to not change the off-market limit on FX,
Committee (“ALCO”) as of 31 December 2023 is as cash, CCS, IRS transactions, and approved the FX
follows: stress test scenario. (June 2023)
4. Approved the special FTP for back-to-back and
Chairman: Director of Treasury cash collateral loan products by Business Banking.
(June 2023)
Members: 5. Approved the use of Market-Based FTP starting in
1. President Director the year 2024. (September 2023)
2. Deputy President Director 1 6. Approved the proposal for RBB and IRRBB 2024-
3. Deputy President Director 2 2026. (September 2023)
4. Head of Risk Management 7. Approved the core casa balance calculation for the
5. Director of Finance & Planning year 2024. (September 2023)
8. Approved the implementation of income of capital
Secretary: Head of Treasury allocation to LOB (line of business) based on RWA
total and approved SLR load be borne 100% by
Work Guidelines and Procedures LOB starting from the year 2024. (September 2023)
(Charter) 9. Approved additional quota for SLR until the end of
Work Guideline of the ALCO is established as guidelines the year 2023. (October 2023)
or reference for members of ALCO, among others for 10. Approved plans for bond issuance in 2024-2025
the following: through December circular ALCO. (December 2023)
322 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Good Corporate Governance
Meeting Frequency and Attendance
During the year 2023, the ALCO Committee held 12 meetings, and details of the members’ attendance are provided
in the table below:
Name Position Number of Meeting Attendance Percentage
Hiromichi Kubo/Keishi Kobata Chairman 12 11 92%
Henoch Munandar Member 12 10 83%
Kaoru Furuya Member 12 12 100%
Darmadi Sutanto Member 12 8 67%
Sendiaty Sondy Member 12 10 83%
Hanna Tantani Member 12 11 92%
Wiwig Santoso Secretary 12 9 75%
Note:
* Keishi Kobata replaced Hiromichi Kubo as Director of Treasury since ALCO since June 2023.
RISK MANAGEMENT COMMITTEE Meeting Procedures
Implementation guidelines for Risk Management
Structure and Membership Committee meetings are as follows:
The composition of the Risk Management Committee 1. Meetings of the Committee are held at least 8
on December 31, 2023 is as follows: (eight) times annually in line with the set meeting
agenda. If required, a meeting may be held at any
The membership of the committee is ex officio (based time upon the request of one of the Permanent
on position) consisting of: Voting Members.
2. The meeting is lead by the Chairman of the
Chairman: Head of Risk Management Committee. In the event the Chairman of the
Committee is unable to attend, the meeting will be
Members lead by one of the committee members who
• Permanent Voting Members: serves as a Director and appointed at the meetin.
1. President Director 3. If deemed necessary, the committee may invite
2. Deputy President Director 1 other parties outside of the Committee Members
3. Deputy President Director 2 to attend a meeting, including but not limited to
4. Compliance & Legal Director Subsidiary Companies.
5. Director of Corporate Banking (Japanese) 4. Only Permanent Members have Voting Rights.
6. Treasury Director 5. Permanent Non-Voting Members are not counted in
7. Operations Director the attendance quorum.
8. Director of Finance & Planning 6. Meetings may only be held if attended and/
9. Head of Business Banking or represented by more than 50% of the total
10. Head of Information Technology Committee members with voting rights.
11. Head of Retail Lending Business 7. Decisions taken at committee meetings must be
12. Head of Wealth Management Business and based on deliberation to reach consensus. In the
Network & Distribution Head event a decision cannot be reached, the decision
13. Head of Digital Banking must be taken through a vote of more than 50% of
14. Head of Human Resources the committee members with voting rights and are
15. Head of Wholesale, Commercial & Transaction present at the meeting.
Banking 8. In the event of a conflict of interest, decision
16. Head of Treasury making should be aligned with procedure of conflict
of interest that has been arranged in the corporate
• Permanent Non-voting Member: policy.
1. Head of Internal Audit
2. Risk Management Executive Officer (Secretary)
2023 ANNUAL REPORT PT BANK BTPN Tbk 323
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Good Corporate Governance
COMMITTEES UNDER
THE BOARD OF DIRECTORS
9. Dissenting opinions that occurred during a Implementation of Duties in 2023
Committee meeting must be clearly recorded in the During the year 2023, the Risk Management Committee
Minutes of Meeting along with the reasons for the has been conducted 11 meetings with discussion
dissention in opinion. Head of Risk Management agenda as follows:
has the authority to convey the escalation that 1. Monitoring and managing on credit risks including
occurred with regard to the dissenting opinions in Baki debet, Special Mention (SM), NPL, Cost of
the Committee to the Risk Monitoring Committee Credit (CoC) and monitoring of Credit Risk Appetite
for recommendations. Framework (CRAF) implementation.
10. Reports/materials of the Risk Management 2. Supervision and management of the restructuring
Committee are prepared by the Risk Management of COVID-19, PMK 71, PMK 85 and PMK 98/132.
Unit. The unit must submit the materials/data 3. Monitoring of the Risk Acceptance & Risk
every month to the appointed (PIC) of the Risk Tolerance implementation per Product Program.
Management Unit no later than 8 working days 4. Disclosure of information on the new rule related to
following the month-end. RWA implemented in January 2023.
11. The Risk Management Unit may request for 5. Disclosure of information related to the stress test
additional information/data from other units at results:
the Bank to be included in the Risk Management a. POJK 48 Stress Test to distinguish the
Committee report/materials. Bank’s resilience against potential COVID-19
12. Results of the committee meeting must be stated in restructuring portfolio.
Minutes of Meeting and documented accordingly. b. 2023 Bottom Up Stress Test to assess the
13. Meeting results in the form of minutes of meeting adequacy of the level of capital resilience
is reviewed by the Operational & Fraud Risk and adequacy of the bank’s liquidity in
Management Head, Market & Liquidity Risk facing changes and shocks on on the macro
Management Head, Risk Management Planning economic conditions with the scenario and
Head and signed by the Chairman and Secretary of guidelines from the Authorities (OJK and BI).
the Meeting. c. Risk Profile Stress Test & ICAAP to fulfill the
14. The Committee can take valid decisions without need for regulations
meeting arrangement through circulation media of 6. Disclosure of information related to results of
committee which approved by all permanent voting PSAK 71/IFRS 9 model review.
members. This process may be carried out as long 7. Disclosure of information related to Collect
as the submitted proposal has been conveyed in Equalization and Back-Testing CKPN.
the circular to all Permanent Voting Members. 8. Disclosure of information related to Sustainability.
9. Disclosure of information related to Top & Emerging
Duties and Responsibilities risk (Financial Risk).
The Risk Management Committee has the duties and 10. Disclosure of information related Write-Off and
responsibilities, among others, as follows: Recovery.
1. Formulate risk management policies and 11. Disclosure of information related to Enterprise Risk
frameworks, risk limits as well as updates, Datamart.
amendments and/or improvements. 12. Results of monitoring of Risk Appetite Measure for
2. Evaluate alignment between risk management market risk and liquidity and monitoring of liquid
policies and its implementation. asset ratio.
3. Evaluate and provide recommendations on any 13. Disclosure of the RWA Market Risk simulation for
transactions or activities which deviate from normal implementation in January 2024.
procedures. 14. Monitoring and monthly report of Action Plan
Indicator.
15. Disclosure of information related to New
Framework for Commitment Line.
16. Reporting and determining follow-up steps in
handling and recovery solution if an abnormal
situation occurs.
17. Management of other risks, namely Compliance
Risk, Strategic Risks, and Legal Risks.
324 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Good Corporate Governance
18. In fiscal year 2023, the Cyber Security Risk 37. Fraud incidents and staff misconduct: total
Management provided a report on the incident, total loss and recovery.
implementation of Phishing Simulation and a 38. Status of investigation on fraud and staff
quarterly review of SLIK. misconduct cases.
19. CSRM also provided the results of the Ransomware 39. Campaign, training & socialization on Anti-Fraud.
Readiness Assessment, Maturity Level Assessment 40. Reporting of fraud-indicating incidents through the
and FFIEC CAT Assessment along with wishelblowing, work units and others.
remediation plans s well as information regarding 41. Highlight of main initiatives on Anti-Fraud
the completion of the ISO27001 project, Cyber management.
Security Training and the establishment of the CISO 42. Summary of policies and procedures on Anti-Fraud
Function. Management (including updates).
20. In decision-making, the Risk Management 43. Management of other fraud risks: The process
Committee provides approval on the definition of of continuously know employees (KYE), receiving
Information Leakage tips, and affirmation from frau committee through
21. CSRM also provides several Cyber Incident Decisions of the Board of Directors.
Information internally and externally including 44. Adjustment in the 2023 Code of Conduct and
lessons learned and precautions taken. Integrity Pact.
22. Bank operational risk appetite. 45. Approval on the classification of fraud events and
23. Total and summary of operational risk incidents. staff misconduct.
24. Nominal loss from operational risks, recovery, main 46. Acknowledgement of the whistle blower.
benefits and summary. 47. Significant Fraud Incidents that are reported to the
25. Main operational risk indicators. OJK.
26. Summary of customers’ complaints. 48. Monitoring of Temporary GL Recovery
27. Main initiative of OFRM (Operational & Fraud Risk 49. Update on Cases that reported to the Police
Management) Division. 50. Monitoring of Recommendations
28. Business continuity management. 51. Delegation of Investigation Authority: Fraud Retail
29. Results of assessment by OFRM on key control Banking, Operational Fraud Investigator and
self-assessment. Business Banking
30. BTPN Top & Emerging Risk (Non-Financial Risk).
31. Risk Acceptance. In the context of risk monitoring of the subsidiaries,
32. Summary of ORM policies and procedures consolidation of the Bank and its subsidiaries is
(including updates) on ICR and BCM Functions. submitted in every quarter as well as consolidated
33. Status of product program and services. reporting of Risk Profiles, RBBR and ICAAP in
34. Risk & Control meeting materials from each line of accordance with BI/OJK regulations.
business/support including results from QA/ICR
inspection. Meeting Frequency and Attendance
35. Results from ICR assessment on Maturity Self- Throughout the year 2023, the Risk Management
Assessment (MSA). Committee conducted 11 meetings, and details of the
36. Monitoring on the implementation of Mandatory members’ attendance are as follows:
OFRM E-Learning.
Name Position Number of Meeting Attendance Percentage
Chairman
Sendiaty Sondy Head of Risk Management 11 10 91%
Permanent Voting Members
Henoch Munandar President Director 11 10 91%
Kaoru Furuya Deputy President Director 1 11 10 91%
Darmadi Sutanto Deputy President Director 2 11 8 73%
Dini Herdini Compliance Director 11 9 82%
Hiromichi Kubo1) Director of Treasury 5 4 80%
Keishi Kobata2) Director of Treasury 6 6 100%
Merisa Darwis Director of Operations 11 10 91%
Hanna Tantani Director of Finance & Planning 11 10 91%
Kan Funakoshi3) Director of Corporate Banking 3 2 67%
(Japanese)
2023 ANNUAL REPORT PT BANK BTPN Tbk 325
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Good Corporate Governance
COMMITTEES UNDER
THE BOARD OF DIRECTORS
Name Position Number of Meeting Attendance Percentage
Atsushi Hino4) Director of Corporate Banking 7 6 86%
(Japanese)
Jeffrey Cheanandro Tjoeng Head of Business Banking 11 11 100%
Jeny Mustopha Head of Information Technology 11 11 100%
Purnomo B. Soetadi Head of Retail Lending Business 11 8 73%
Helena Head of Wealth Management Business 11 7 64%
and Network & Distribution Head
Irwan Sutjipto Tisnabudi Head of Digital Banking 11 8 73%
Mira Fitria Head of Human Resources 11 8 73%
Ir Nathan Christianto Head of Wholesale, Commercial & 11 9 82%
Transaction Banking
Wiwig Wahyu Santoso Head of Treasury 11 7 64%
Permanent Non-Voting Members
Nurhajati Soerjo Hadi Head of Internal Audit 11 10 91%
Wahyu Nugroho Head of Portfolio Management & Policy 11 11 100%
Note:
1)
Hiromichi Kubo was no longer in office as Director since the closing of EGMS on 22 June 2023
2)
Keishi Kobata was appointed as Director as of the closing of EGMS on 22 June 2023 and effective on duty since 25 July 2023
3)
Kan Funakoshi was no longer in office as Director since the closing of AGMS on 13 April 2023
4)
Atsushi Hino was appointed as Director as of the closing of AGMS on 13 April 2023 and effective on duty since 15 May 2023
INFORMATION TECHNOLOGY Work Guidelines and Procedures
STEERING COMMITTEE (Charter)
The Work Guidelines established by the Bank is as
Structure and Membership follows:
1. Meetings of the IT Steering Committee are held
Chairman: Deputy President Director 2 at least 3 (three) times a month in line with the
established meeting agenda. If required, the IT
Members Steering Committee meetings may be held at any
• Permanent Voting Members: time uon request by one Permanent Voting Member;
1. President Director 2. The meetings are led by the Committee Chairman.
2. Deputy President Director 1 and 2 In the event the Chairman is not able to attend, the
3. Head of Risk Management meeting is then chaired by one of the Committee
4. Operations Director members serving as Director and appointed by the
5. Director of Corporate Banking (Japanese) meeting;
6. Director of Treasury 3. Voting rights are held only by the Permanent Voting
7. Director of Finance & Planning Members or their representatives present at the
8. Head of Wholesale, Commercial & Transaction meeting.
Banking 4. The meetings can only be held if attended and/
9. Head of Business Banking or represented by more than 50% of the total
10. Head of Retail Lending Business Committee members with voting rights with
11. Head of Wealth Management Business the condition that one of these members is the
12. Head of Digital Banking Committee Chairman and/or President Director.
• Permanent Non-Voting Members:
1. Head of Internal Audit
2. Executive Officer of Information Technology
(Secretary)
326 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Good Corporate Governance
5. Meeting decision must be taken based on Duties and Responsibilities
deliberation and concensus. If decisions based on The chairman is responsible for the following:
deliberation and concensus cannot be reached, 1. Set up meeting schedule and determine the agenda
then decisions are to be taken by means of voting as the responsibility of the Committee, in the form of a
based on affirmative votes of more than 50% from main agenda based on the monthly reports prepared
the total valid votes extended at the concerned by the Committee’s Secretary in accordance with the
meeting including the Chairman of the Committee framework and special agenda based on important
and/or President Director. and very urgent issues, at the request of one or more
6. In the event of conflict of interest, then decision- Permanent Voting Members of the Committee;
making is carried out in accordance with the 2. Determine the invitation of the Committee meeting;
provision on conflict of interest as regulated in the 3. Ensure the adequacy and availability of information
Corporate Policy needed for decision-making.
7. Dissentinf opinions that occur in the Committee
meetings are required to be clearly recorded in the The Secretary of the meeting is responsible for the
minutes of meeting as well as the reasons behind following:
the dissenting opinions. 1. Prepare and distribute the meeting invitation;
8. Meeting results are required to be denoted in the 2. Prepare and collect meeting materials;
Minutes of Meeting and documented. 3. Take notes, formulate and present the meeting
9. More than 50% of the Committee meetings is results;
attended by more than 70% of the committee 4. Distribute the meeting results to all Committee
members members, the Board of Directors and Corporate
10. If deemed necessary, the Committee may invite Secretary.
other parties other than the members including
Subsidiaries to attend the meeting Implementation of Duties in 2023
11. Meeting decisions are in the form of Minutes of During the year 2023, the Technology Steering
Meeting signed by Chairman and the Secretary Committee held 4 (four) meetings, with implementation
of the Meeting. The Minutes of Meeting is then on the following dates:
circulated to members of the Committee. 1. 21 March 2023
12. The Committee may make valid decision without 2. 27 June 2023
having to hold the meetings by means of the 3. 19 September 2023
Committee’s circular media as approved by all 4. 12 December 2023
Permanent Voting Members. This process may be
conducted as long as the proposal submitted is Meeting Frequency and Attendance
extended in circular to all Permanent Members. Throughout the year 2023, the Information Technology
Steering Committee held 4 (four) meetings, and details of
the members’ attendance are shown in the table below:
Name Position Number of Meeting Attendance Percentage
Henoch Munandar Prsident Director 4 1 25%
Kaoru Furuya Deputy President Director 4 3 75%
Darmadi Sutanto Deputy President Director 4 4 100%
Atsushi Hino1) Director 3 3 100%
Hiromichi Kubo2) Director 1 1 100%
Merisa Darwis Director 4 3 75%
Hanna Tantani Director 4 4 100%
Kan Funakoshi3) Director 1 1 100%
Keishi Kobata4) Director 3 3 100%
Irwan S. Tisnabudi Head of Digital Banking 4 4 100%
Wiwig Santoso Head of Treasury 4 1 25%
Helena Head of Wealth Management Business and 4 2 50%
Network & Distribution
Ir. Nathan Christianto Head of Wholesale, Commercial & 4 3 75%
Transaction Banking
Jeffrey C. Tjoeng Head of Business Banking 4 3 75%
2023 ANNUAL REPORT PT BANK BTPN Tbk 327
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Good Corporate Governance
COMMITTEES UNDER
THE BOARD OF DIRECTORS
Name Position Number of Meeting Attendance Percentage
Nurhajati Soerjo Hadi Head of Internal Audit 4 4 100%
Jeny Mustopha Head of Information Technology 4 4 100%
Note:
1)
Atsushi Hino was appointed as Director since the closing of the AGMS on 13 April 2023 and effective on duty as of 15 May 2023
2)
Hiromichi Kubo was no longer as Director since the closing of the EGMS on 22 June 2023
3)
Kan Funakoshi was no longer as Director since the closing of the AGMS on 13 April 2023
4)
Keishi Kobata was appointed as Director since the closing of the EGMS on 22 June 2023 and effective on duty as of 25 July 2023.
CREDIT POLICY COMMITTEE Work Guidelines
The Credit Policy Committee retains the work guidelines
Structure and Membership (charter) validated by the Board of Directors, among
Composition of members of the Credit Policy others containing the following:
Committee as of 31 December 2023 as follows: 1. Meeting:
• Meetings of the Credit Policy Committee are
Chairman: President Director held at least 2 (two) times in one year.
• The meetings are chaired by the Chairman of
Members: the Committee. In the event the Chairman is
• Permanent Members with Voting Rights: not able to to attend, then the meeting is led by
1. Deputy President Directors a Permanent Voting Member and appointed by
2. Director of Corporate Banking (Japanese) the meeting.
3. Director of Treasury
4. Head of Wholesale, Commercial and 2. Quorum
Transaction Banking • Meetings of the Credit Policy Committee can
5. Head of Retail Lending Banking only be held if attended by more than 50% of
6. Head of Digital Banking the permanent voting members including the
7. Head of Business Banking committee chairman
8. Head of Treasury • In the event a committee member cannot
9. Head of Risk Management attend the meeting, then the attendance of the
10. Director of Compliance concerned member may be replaced with the
representative.
• Permanent Members without Voting Rights:
1. Portfolio Management & Policy Head 3. Decision-Making
2. Credit Risk Corporate Head Decision-making in the Credit Policy Committee is
3. Retail Banking Risk Head carried out based on deliberation and concensus.
4. Business Banking Credit Risk In the event deliberation and concensus is not
5. Head of Internal Audit Division* reached, decision-making is based on unanimous
6. Head of Compliance Division votes, namely affirmative votes of more than 50%
7. Head of Legal and Litigation Division (General of the total Permanent Voting Members present at
Counsel) the Meeting, including the affirmative vote of the
Committee Chairman.
*) observer
4. Decision-Making Without Holding Formal
Meeting
The Credit Policy Committee make make valid
decisions without having to hold formal committee
meetings (Committee Circular Decisions), with
the condition that all Permanent Voting Members
approve the decisions in writing.
328 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Good Corporate Governance
Duties and Responsibilities Implementation of Duties in 2023
The duties and responsibilities of the Credit Policy The Credit Policy Committee held a meeting in semester
Committee are as follows: I (one) on 13 June 2023 and a circular meeting in
1. To hold meetings to determine the Bank’s credit semester II (two) on 18 December 2023. Details on the
direction and monitor the implementation of the implementation of duties carried out, among others, are
credit policy as follows:
2. To provide feedback to the Bank’s Board of • Discussion on the hierarchy of policies and
Directors in establishing the Bank’s Credit Policy as procedures related to credit, both policies and
well as to conduct periodic reviews on the Bank’s procedures bankwide and in segment levels.
Credit Policy The Credit Policy was updated and approved
3. To supervise the application and implementation of by the Board of Directors and the Board of
the Bank’s Credit Policy Commissioners.
4. To evaluate and analyze the credit portfolio quality • Assessment on changes to Credit Policy by
related to credit policy adapting to changes in policy at the global level as
5. To provide routine reports to the Board of Directors well as sustainable finance policies both applicable
with copies to the Board of Commissioners, which at the Bank and globally, including but not limited
at least cover the following: to avoided industry regulations.
a. Summary of the supervision on the Bank Credit • Assessment and analysis of the quality of credit
Policy application and implementation. portfolios related to credit policies were also carried
b. Results of monitoring/review and evaluation of out at other meetings such as at Risk Management
the quality and condition of the credit portfolio. Committee meetings, also reported to the Risk
c. Suggestions on policy improvement (if Monitoring Committee.
required).
6. Review/study on credit policy so to remain in Meeting Frequency and Attendance
line with internal policies and prevailing laws and Credit Policy Committee meetings were conducted 2
regulations. (two) times in 2023, namely on 13 June 2023 and 18
December 2023 through circular mechanism with the
following frequency of attendance:
Name Position Number of Meeting Attendance Percentage
Henoch Munandar Prsident Director 2 2 100%
Kaoru Furuya Deputy President Director 2 2 100%
Darmadi Sutanto Deputy President Director 2 1 50%
Hiromichi Kubo2) Director of Treasury 1 1 100%
Dini Herdini Director of Compliance 2 2 100%
Atsushi Hino1) Director 2 2 100%
Keishi Kobata4) Director 1 1 100%
Ir Nathan Christianto Head of Wholesale, Commercial & 2 2 100%
Transaction Banking
Irwan Sutjipto Trisnabudi Head of Digital Banking 2 1 50%
Jeffrey C. Tjoeng Head of Business Banking 2 2 100%
Sendiaty Sondy Head of Risk Management 2 2 100%
Nurhajati Soerjo Hadi Head of Internal Audit 2 2 100%
Tasuku Tanaka Credit Risk Head 2 2 100%
Sidik Waskito Business Banking Credit Risk Head 2 2 100%
Adil Pamungkas Retail Banking Risk Head 2 2 100%
Argo Wibowo General Counsel 2 2 100%
Butet Sondang Sitepu Compliance Head 2 2 100%
Wahyu Nugroho Portfolio Management & Policy Head 2 2 100%
Note:
1)
Atsushi Hino was appointed as Director since the closing of the AGMS on 13 April 2023 and effective on duty as of 15 May 2023
2)
Hiromichi Kubo was no longer as Director since the closing of the EGMS on 22 June 2023
3)
Kan Funakoshi was no longer as Director since the closing of the AGMS on 13 April 2023
4)
Keishi Kobata was appointed as Director since the closing of the EGMS on 22 June 2023 and effective on duty as of 25 July 2023.
2023 ANNUAL REPORT PT BANK BTPN Tbk 329
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Good Corporate Governance
COMMITTEES UNDER
THE BOARD OF DIRECTORS
INFORMATION GOVERNANCE 4. Conformity of data and information governance
STEERING COMMITTEE projects and data analytics with agree project plans
(project charter).
Structure and Membership 5. Conformity of the information governance with the
Membership of the committee is ex-officio (based on Information Technology Strategic Plan in order to
position), consisting of the following: support the Bank’s business activity management.
6. Monitoring of the Bank’s data and information
Chairman: Head of Information Technology governance conditions and efforts for improvement,
such as with detection of problems in data quality
Members: and measuring the effectiveness and efficiency in
• Permanent Voting Members: the use of data and information assets.
1. Director of Compliance 7. Efforts by the forum of data and information
2. Director of Operations governance to solve various problems related to
3. Director of Finance & Planning data and information that remained incomplete and
4. Head of Information Technology have escalated.
8. Develop organizational culture that works on
• Permanent Non-Voting Members: the basis of data and information (data-driven
1. Head of Internal Audit organization).
2. Executive Officer of Information Technology
Data Management (Secretary) Meeting Procedures
In connection with meetings, procedures set forth are
Standing Invitees as follows:
1. Director of Corporate Banking (Japanese) 1. Meetings of the Information Governance Steering
2. Director of Treasury Committee are held at least 4 (four) times in a
3. Head of Treasury year with the set meeting agenda. If required, the
4. Head of Business Banking Committee meetings may be held at any time upon
5. Head of Wholesale Banking request of one of the Permanent Voting Members;
6. Head of Retail Lending Business 2. Meetings are chaired by the Committee Chairman.
7. Head of Wealth Management Business and In the event the Chairman is not able to attend,
Network & Distribution then the meetings are led by one of the Committee
8. Head of Digital Banking members serving as Director and appointed by the
9. Executive Officer of Retail Banking Analytics, meetings;
Business Planning & Credit Policy 3. Voting rights are held only by the Permanent Voting
Members or their representatives attending the
Duties and Responsibilities meetings;
Provide recommendations to the Board of Directors at 4. Meetings may only be held if attended and/or
minimum to cover the following: represented by more than ½ (one-half) of the total
1. Formulation of data governance policies and members of the Committee with voting rights,
procedures and main information such as on with the condition that includes the Committee
data quality policy and risk management related Chairman and/or Director of Compliance.
to Bank’s data and information, consisting of 5. Meeting decisions must be taken based on
standards to achieve (target-state). deliberation and concensur. If deliberation and
2. Planning and establishing the scale of priorities concensus cannot be reached then decisions must
on required projects to apply set policies and be taken on the basis of voting with affirmative
procedures, as well as reaching the set standards. votes of more than ½ (one-half) of the total vaid
3. Conformity of approved projects with information votes extended in the concerned meeting, including
governance planning, policies and procedure of the Committee Chairman and/or Director of
data and information governance, as well as the Compliance;
standards to achieve.
330 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Good Corporate Governance
6. In the event of conflict of interest, then decision- request of one or more Permanent Voting Members
making is to be carried out in accordance with the of the Committee;
provisions on conflict of interest as regulated in the 2. Determine the invitation of the Committee meeting;
Corporate Policy. 3. Ensure the adequacy and availability of information
7. Dissenting opinions that occur in the Committee needed for decision-making.
meetings must be stated clearly in the minutes of
meeting with the reasons behind the dissenting The Secretary of the meeting is responsible for the
opinions. following:
8. Committee meeting results must be recorded in the 1. Prepare and distribute the meeting invitation;
Minutes of Meeting and documented properly. 2. Prepare and collect meeting materials;
9. If deemed necessary, the Committee may invite 3. Take notes, formulate and present the meeting
other parties aside from members, including results;
Subsidiaries to attend the meetings. 4. Distribute the meeting results to all Committee
10. Meeting decisions in the form of Minutes of members, the Board of Directors and Corporate
Meeting are signed by the Meeting Chairmand Secretary.
and Secretary. The Minutes of Meeting are then
circulated to members of the Committee. Implementation of Duties in 2023
11. The Committee may make valid decisions without In the year 2023, the Information Governance Steering
having to hold formal meetings through the Committee held 4 (four) meetings, with details on the
Committee’s circular media as approved by all implementation as follows:
Permanent Voting Members. This process may
be carried out as long as the submitted proposals
are delivered in the circular to all Permanent Voting Time of
Meeting Date
Implementation
Members.
1 21 March 2023 13:00 – 14:00
The Chairman is responsible for the following: 2 27 June 2023 11:30 – 12:20
1. Set up meeting schedule and determine the
3 19 September 2023 13:00 – 13:50
agenda as the responsibility of the Committee, in
4 5 December 2023 10:45 – 11:30
the form of a main agenda based on the monthly
reports prepared by the Committee’s Secretary in
accordance with the framework and special agenda Meeting Frequency and Attendance
based on important and very urgent issues, at the In 2023, the Information Governance Steering
Committee held 4 meetings, with details on the
implementation as follows:
Name Position Number of Meeting Attendance Percentage
Sendiaty Sondy Head of Risk Management 4 4 100 %
Jeny Mustopha Head of Information Technology 4 4 100 %
Dini Herdini Director of Compliance 4 2 100 %
Hanna Tantani Director of Finance & Planning 4 4 100 %
Merisa Darwis Director of Operations 4 4 100%
Nurhajati Soerjo Hadi Head of Internal Audit 4 4 100%
Jufri Fan Secretary 4 4 100%
Erliana Standing Invitee 4 3 75%
Helena Head of Wealth Management Business and 4 2 50%
Network & Distribution
Hiromichi Kubo1) Director of Treasury 1 1 100%
Atsushi Hino 2)
Director of Corporate Banking (Japanese) 3 3 100%
Irwan Sutjipto Tisnabudi Head of Digital Banking 4 3 75%
Jeffrey Tjoeng Head of Business Banking 4 4 100%
Kan Funakoshi3) Director of Corporate Banking (Japanese) 1 1 100%
Keishi Kobata4) Director of Tresuri 2 2 100%
2023 ANNUAL REPORT PT BANK BTPN Tbk 331
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Good Corporate Governance
COMMITTEES UNDER
THE BOARD OF DIRECTORS
Name Position Number of Meeting Attendance Percentage
Nathan Christianto Head of Wholesale, Commercial and 4 4 50%
Transaction Banking
Purnomo B. Soetadi Head of Retail Lending Business 4 1 25%
Wiwig Santoso Head of Treasury 4 3 75%
Note:
1)
Hiromichi Kubo was appointed as Director since the closing of the EGMS on 22 June 2023.
2)
Atsushi Hino was appointed as Director since the closing of the AGMS on 13 April 2023 and effective since 15 May 2023.
3)
Kan Funakoshi was no longer as Director since the closing of the AGMS on 13 April 2023.
4)
Keishi Kobata was appointed as Director since the closing of EGMS on 22 June 2023 and effective since 25 July 2023.
CREDIT COMMITTEE meeting participants and with at lease 1 (one)
representatives from Credit Risk Corporate
Structure and Membership participants obligated to attend with a
The composition of the Credit Committee as of 31 minimum of 1 (one) representative from Credit
December 2023 is as follows: Risk Corporate, specifically for the Corporate
segment. The presence of Observer will not
Chairman: President Director be counted in the meeting quorum.
• Committee members which are not the
Members: mandatory meeting participants, may participate
• Deputy President Director however his/her presence will not be counted as
• Director of Business/ Head of Business part of the meeting quorum and his/her vote will
• Credit Risk Head not be calculated as part of the decision making
• Loan Head
• Business Credit Risk Head 3. Decision-Making
• Group or Department Head of Business • Decision making in the Credit Committee
• Head of Risk Management (Observer) Meetings shall be made by way of majority
voting based on the affirmative vote of
Work Guidelines and Procedures minimum 51% (fifty one percent) of the total
(Charter) number of members present at the meeting
The Credit Committee has the work guidelines (charter) including the vote from President Director.
validated by the Board of Directors, among others • The vote of the Head of Risk Management as
containing the following: Observer will not be calculated as part of the
1. Meeting: decision of Committee’s meeting however each
• The Credit Committee shall hold a meeting at decision of the Committee Meeting must be
any time in accordance with the needs of the acknowledged the Head of Risk Management.
Committe. • in the event of decision-making by a
• Meetings of the Credit Committee is held Committee Meeting concludes the calculations
to issue recommendations or opinions to of the number of agree votes are the same
the President Director or Deputy President as the disagree votes, the the Committee
Director who will provide the final decision for Chairman may determine the final decision to
approving the Credit, including the conditions be taken by the Committee.
and instruction related to Credit Approval.
• On recommendations or opinions of the Duties and Responsibilities
Credit Committee, the related Director of In support of the duties and responsibilities of the Board
Business/Head of Business will sign the of Directors to conduct maintenance and planning
recommendation/opinion page together with of credit, the Credit Committee is responsible for the
any other Committe’s members. following:
1. To conduct independent analysis and approve
2. Quorum credit extension in accordance with the defined
• Credit Committee meetings may only be held authority limits (decisions taken must be objective,
if attended at least by 51% of mandatory based on careful analysis and avoid personal
interests).
332 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Good Corporate Governance
2. Ensuring that business in proceed in accordance with the Bank’s risk management policies standards and
practices.
Implementation of Duties in 2023
Throughout the year 2023, decisions on Business Banking credit were taken by circular means, while the Wholesale
Banking, Corporate Banking Japanese, and Commercial Banking Credit Committee held as many as 24 meetings, with
details on attendance as follows:
Agenda Mandatory Participants
1. Credit related to Wholesale Banking, 1. President Director/Deputy President Director 1
Corporate Banking Japanese and 2. Relevant Director of Wholesale, Corporate and Commercial Banking
Commercial Banking segments 3. Credit Risk Head
4. Loan Head
5. Relevant Group and Department Head of Wholesale, Corporate and Banking,
Corporate and Commercial Banking
6. Head of Risk Management (Observer)
Note:
Meeting will be led by the Committee Chairman (President Director), in the absence of the
Committee Chairman, Deputy President Director 1 will act as Committee Chairman.
2. Credit related to Business Banking 1. President Director or Deputy President Director 1
segment 2. Head of Business Banking
3. Business Banking Credit Risk Head
4. Credit Risk Head
5. Head of Risk Management (Observer)
Note:
Meeting will be led by the Committee Chairman (President Director), in the absence of the
Committee Chairman, Deputy President Director 1 will act as Committee Chairman.
Meeting Frequency and Attendance
In the year 2023, the Credit Committee held 24 meetings, with details of the implementation as follows:
1. Credit related to Wholesale, Japanese Corporate Banking and Commercial Banking segments:
Name Position Number of Meeting Attendance Percentage
Henoch Munandar President Director 24 10 42%
Kaoru Furuya Deputy President Director 24 21 88%
Nathan Christianto Head of Wholesale, Commercial & 24 10 42%
Transaction Banking
Kan Funakoshi Director of Corporate Banking (Japanese) 24 3 13%
Atsushi Hino 1)
Director of Corporate Banking (Japanese) 24 7 29%
Takane Shiomi Credit Risk Head 5 21%
24
Tasuku Tanaka 2)
Credit Risk Head 18 75%
Moses Supardi Wholesale Banking Head 13 54%
Warni Chai Commercial Banking Head 1 4%
Naoki Watanabe Head of Japanese Corporate Banking 2 6 25%
Karinda Rachmana Head of Japanese Corporate Banking 3 24 0 0%
Hiroaki Seguchi Head of Japanese Corporate Banking 4 0 0%
Hideaki Asatsu Head of Japanese Corporate Banking 5 5 21%
Wibowo Kurniawan3) Head of Japanese Corporate Banking 6 0 0%
Husan Mahjudin Loan Head 24 23 96%
Sendiaty Sondy Head of Risk Management 24 9 38%
Note:
1)
Replacing Director of Corporate Banking (Japanese) effective as of 15 May 2023
2)
Replacing Credit Risk Head effective as of 2 May 2023
3)
Effective as of 1 January 2023 as Head of Japanese Corporate Banking 6.
2023 ANNUAL REPORT PT BANK BTPN Tbk 333
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Good Corporate Governance
COMMITTEES UNDER
THE BOARD OF DIRECTORS
2. Credit related to Business Banking segment
Number
Name Position Attendance Percentage
of Meeting
Henoch Munandar)/Kaoru Furuya President Director/Deputy President
Director
Nathan Christianto/Jeffrey C. Tjoeng Director/Head of Business Banking
Throughgout the year 2023, Credit Decisions
Takane Shiomi/Tasuku Tanaka1) Credit Risk Head were carried out through circular mechanism
Sidik Waskito Business Banking Credit Risk Head
Sendiaty Sondy Director/Head of Risk Management
Note:
1)
Replacing Credit Risk Head effective as of 2 May 2023.
HUMAN RESOURCES COMMITTEE of Directors to establish as concerned policies
especially strategic policies.
Structure and Membership 2. Evaluate the Human Resource remuneration
program implelmentation and then recommend to
Chairman: President Director the Board of Directors for approval.
3. Approve dieviations from applicable Company
Members: Procedures and Regulations that beyond the
1. Deputy President Directors authority of the Division Head and/or Director
2. Director of Finance & Planning responsible for and/or with Human Resource
3. Director of Operations duties, by taking into account of the Company’s
policy hierarchy.
Secretary: Head of Human Resources 4. Submit recommendations to the Board of Directors
on the appointment and placement (nomination)
Work Guidelines and Procedures of members of the Board of Directors or the Board
(Charter) of Commissioners or Company Employees in
In implementing its duties, the Committee refers to the Subsidiaries (including members of the Sharia
following provisions: Supervisory Board in Subsidiaries that conduct
1. Committee meeting decisions are taken based on Sharia business).
deliberation and concensus. If deliberation and
concensus not reached, then decisions are taken Implementation of Duties
by means of voting based on affirmative votes at
least 51% of the total valid votes present in the
Meeting, including the President Director. Date Agenda
2. In the event of conflict of interest, then decision- 27 January 2023 Proposal on MRT
making is carried out in accordance with the
10 February 2023 • Nomination for 2023 Executive
provision regulated in the Company policies and Promotion
procedures. • Review of 2022/2023 Compensation
3. Dissenting opinions that occur in the Committee 13 February 2023 Distribution of Bonus Budget 2022
Meetings are required to be clearly denoted in the 8 March 2023 • Distribution Results of Compensation
Minutes of Meeting and the reasons behind the Review 2022/2023
• Results of Executive Promotion 2023
dissenting opinions.
25 July 2023 Nomination of Mid-Year 2023 Eecutive
Promotion
Duties and Responsibilities 15 August 2023 • Mid-Cycle 2023
Details of duties and authorities are as follows: • Mid-Cycle 2023 Executive Promotion
1. Evaluate policies, strategies and targets concerning 22 September 2023 Natura or Gratification in the Form of
Human Resources and recommend the Board Goods
15 November 2023 BAP Revamp: LEAD 2024 BTPN
Acceleration Program
334 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Good Corporate Governance
Meeting Frequency and Attendance
In 2023, the Human Resource Committee held 8 (eight) meetings, with details on the implementation as follows:
Name Position Number of Meeting Attendance Percentage
Henoch Munandar President Director 8 8 100%
Kaoru Furuya Deputy President Director 8 6 75%
Darmadi Sutanto Deputy President Director 8 7 88%
Hanna Tantani Director of Finance & Planning 8 7 88%
Merisa Darwis Director of Operations 8 7 88%
Mira Fitria Head of Human Resources 8 8 100%
FRAUD COMMITTEE minimum is the head of the related division, and for
Members of the Fraud Committee, the delegation is
Structure and Membership at least one level below the staff.
3. In certain cases, Fraud Committee meetings can be
Chairman: the Board of Directors or the related Board held at any time if deemed necessary by the Head
of Management or its Delegation. of the Fraud Committee or more than one Fraud
Committee Member or at the request of a Director/
Members: Board of Management.
1. Head of Operational & Fraud Risk Management 4. The Fraud Committee may invite the concerned
2. Human Resources Employee & Industrial Relations Head of the Work Unit (PUK) and/or other parties
Head/Strategic Human Resources Management who are not members of the committee to attend
Head. the meeting, however, the PUK and/or other parties
in the committee meeting do not have voting rights
Secretary: Operational & Fraud Risk Management as they only function to provide suggestions,
(OFRM) or other work units with authorities considerations and input.
5. The Fraud Committee meeting is legal and has the
If the Fraud Perpetrator and/or related parties are right to make decisions if the meeting is attended
Directors, or Commissioners and/or Executive Officers, and/or represented by more than ½ (one half) of
then the implementation of the Fraud Committee must the total number of Committee Members (including
be led by 2 (two) members of the Board of Directors/ the Committee Chairman) who have voting rights.
Board of Management (Deputy President Director or Fraud Committee meetings can be conducted
Head of Risk Management or Compliance Director), or through teleconference, video conference, or other
other parties who do not have a conflict of interest, such electronic media facility that allow all participants
as members of the Audit Committee. to see and/hear each other and participate directly
in the meeting according to the agreement of the
Work Guidelines and Procedures Fraud Committee members.
(Charter) 6. Decisions of committee meetings must be taken
Guidelines for the Fraud Committee meeting based on deliberation to reach a consensus. If
implementation are as follows: there is no agreement on sanctions, they will be
1. The implementation procedures may be carried out escalated to the Head of Risk Management and
face-to-face or through memo circulation. the Compliance Director. If after escalation there is
2. Must be attended by the Chairman of the still no agreement regarding sanctions/no decision
Committee and all Members of the Fraud has been made, then it will be escalated to the Risk
Committee. In the event that the Chairman of Management Committee (RMC). At the last level, if
the Committee, and/or Members of the Fraud there is still no agreement regarding sanctions/no
Committee are unable to attend (whose absence decision has been made, then it will be escalated
does not require any proof), then the Head of the to the Board of Directors, and if necessary, request
Fraud Committee who has rights and authorized to for feedback from the commissioners may be
represent the Chairman is the party appointed by done with considerations of the input from the Risk
the Committee Chairman as his delegate, and at Monitoring Committee (RMONC).
2023 ANNUAL REPORT PT BANK BTPN Tbk 335
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Good Corporate Governance
COMMITTEES UNDER
THE BOARD OF DIRECTORS
7. All decisions that are collectively collegial. Authority of the Fraud Committee:
Dissenting opinions that may occur must be 1. Appeal, inquire for clarification, request reports
recorded in the Committee Meeting’s Minutes of from various parties (employees and/or other work
Meeting. units) whom, according to the Fraud Committee’s
8. Meetings of the Fraud Committee on Fraud cases considerations, are believed to be directly or
where the perpetrator moved to another Line of indirectly related to the fraud case.
Business (LoB)/Support Function (SF), then the 2. Determine the imposition of the types of sanction
Fraud Committee is held jointly between the Line on employee(s) (including vendor employees)
of Business (Lob)/Support Function (SF) at the time who are directly or indirectly involved in the fraud
of the Fraud. In this case, the Head of the Fraud incidents.
Committee is the Board of Directors/Board of 3. Coordinate and collaborate with other work units,
Management responsible for the Directorate of the as well as in the context of improvement and
perpetrator. preventive efforts, the Fraud Committee has the
right to provide constructive recommendations for
Duties and Responsibilities the concerned work units.
Duties of the Fraud Committee: Implementation of Duties
Following up on investigative reports related to Fraud During the year 2023, the Bank carried out 51 sessions
incidents in each unit concerned, determining sanctions of the Fraud Committee (both through virtual meetings
for employees (including vendor employees) who are or by circular e-mail) in accordance with its duties and
directly or indirectly involved in Fraud incidents, and responsibilities.
deciding on fraud incidents to determine appropriate
legal steps to take at a later time. Meeting Frequency and Attendance
Following are details of the Fraud Committee’s
participants attendance in 51 sessions (20 sessions
through virtual meetings and the remaining by circular
e-mail) during the year 2023
Name Position Number of Meeting Attendance Percentage
Darmadi Sutanto Deputy President Director 7 7 100%
Merisa Darwis Operations Director 18 18 100%
Dini Herdini Compliance Director 1 1 100%
Kan Funakoshi/Atsushi Hino Director of Corporate Banking (Japanese) 2 2 100%
Purnomo B. Soetadi Head of Retail Lending Business 3 3 100%
Enrico Novian Pension Business Head RLB 10 10 100%
Toho Pasaribu Micro Business Head 3 3 100%
Adil Pamungkas Retail Banking Risk Head 19 19 100%
Irwan Sutjipto Tisnabudi Head of Digital Banking 2 2 100%
Jeffrey C. Tjoeng Head of Business Banking 3 3 100%
Helena Head of WM Business and Network & 1 1 100%
Distribution
Jeny Mustopha Head of Information Technology 1 1 100%
Heru Rustanto Operational & Fraud Risk Management Head 51 51 100%
Denty Avianty Strategic HR Management 2 2 100%
Landy Kurniawan Employee & Industrial Relations Head 48 48 100%
Patritius Joko Operations Control Assurance Head 8 8 100%
Charlos Santana Putra ORM, Fraud & QA Head Retail Banking 7 7 100%
336 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Good Corporate Governance
SUSTAINABILITY COMMITTEE Work Guidelines and Procedures
(Charter)
Structure and Membership In carrying out its duties and authority, the Sustainability
Committee is obligated to always comply with the
Chairman: Director of Compliance & Legal provisions, applicable laws and regulations and/
or internal regulations/regulations of Bank BTPN.
Members: Meanwhile, th Mechanisms and Working Procedures
1. Director of Finance & Planning of the Sustainability Committee are as described in the
2. Operations Director Sustainability Committee Work Guidelines.
3. Director of Corporate Banking (Japanese)
4. Director of Treasusry Duties and Responsibilities
5. Head of Risk Management Details of duties and responsibilities of the Sustainability
6. Head of Business Banking Committee are as follows:
7. Head of Wholesale, Commercial & Transaction 1. Develop the strategies, policies, targets related to
Banking sustainable finance in Bank BTPN
8. Head of Retail Lending Business 2. Monitor, evaluate and recommend sustainable
9. Head of Wealth Management Business finance implementation in Bank BTPN
10. Head of Digital Banking
11. Head of Treasury Implementation of Duties in 2023
12. Head of Human Resources Throughout the implementation of its duties in
13. Micro Business Head 2022, the Sustainability Committee has provided
recommendations and directions related to sustainable
Secretary: Head of Communications & Daya financial targets and initiatives in Bank BTPN.
Meeting Frequency and Attendance
In 2023, the Sustainability Committee held 2 (two)
meeting, with details of the members’ attendance as
follows:
Name Position Number of Meeting Attendance Percentage
Dini Herdini Compliance Director 2 2 100%
Hanna Tantani Director of Finance & Planning 2 2 100%
Merisa Darwis Director of Operations 2 2 100%
Atsushi Hino Director of Corporate Banking (Japanese) 2 2 100%
Keishi Kobata Director of Treasury 2 2 100%
Sendiaty Sondy Head of Risk Management 2 2 100%
Jeffrey C. Tjoeng Head of Business Banking 2 2 100%
Nathan Christianto Head of Wholesale, Commercial & Transaction 2 2 100%
Banking
Purnomo B. Soetadi Head of Retail Lending Business 2 2 100%
Helena Head of Wealth Management Business and 2 1 50%
Network & Distribution
Irwan Sutjipto Tisnabudi Head of Digital Banking 2 1 50%
Wiwig Santoso Head of Treasury 2 1 50%
Mira Fitria Head of Human Resources 2 1 50%
Toho Pasaribu Micro Business Head 2 1 50%
Andrie Darusman Communications & Daya Head 2 2 100%
2023 ANNUAL REPORT PT BANK BTPN Tbk 337
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Good Corporate Governance
CORPORATE
SECRETARY
PROFILE OF THE CORPORATE SECRETARY
Eneng Yulie Andriani
Sekretaris Perusahaan
Nationaility Indonesian
Domicile Jakarta
Age 49 years as of the end of fiscal year 2023
Educational Background • Master’s degree in Law, Universitas Indonesia (2012)
• Bachelor’s degree in Law with Special Law Program on Economic Activity from Universitas Indonesia
(1997)
Basis of Appointment Circular Decision of the Board of Directors No. PS/BOD/001/I/2020 datd 10 January 2020
Concurrent Positions Head of Corporate Secretary Division
Work Experience • Head of Corporate Legal Department PT Bank Sumitomo Mitsui Indonesia (2014-2019)
• Head of Corporate Action & Stakeholder Management of Corporate Secretariate Division PT Bank
Danamon Indonesia Tbk (1997-2014)
Affiliation No affiliation with the Board of Directors, the Board of Commissioners and the Controlling Shareholders
TERM OF OFFICE 2. Responsible for providing important information
regarding the Bank’s condition to all stakeholders
Term of office of the Corporate Secretary was effective that the public must know.
as of 10 January 2020. 3. Keep track of the capital market development,
including applicable regulations in the capital
market.
LEGAL BASIS 4. Fulfill the Company’s obligations as a listed
company based on Corporate Governance
In compliance with Financial Services Authority principles.
Regulation No.35/POJK.04/2014 on the Establishment 5. Provide feedback to the Board of Directors and the
of Corporate Secretary juncto Securities Administration Board of Commissioners to comply with provisions
Regulation of PT Bursa Efek Indonesia (Indonesia Stock of Law No. 8 of 1995 concerning the Capital Market
Exchange) No.1-A attachment II of the Decision of the and its implementing regulations.
Board of Directors of PT Bursa Efek Indonesia No. Kep- 6. Responsible for the implementation of the GMS.
00001/BEI/01- 2014 dated 30 January 2014. The Bank 7. Coordinate the implementation of meetings
retains the Corporate Secretary, Eneng Yulie Andriani, of the Board of Directors and the Board of
effective 10 January 2020, appointed based on Circular Commissioners.
Decision No. PS/BOD/001/I/2020 dated 10 January 8. Prepare and file the Minutes of Meeting of the
2020. Board of Director meetings.
9. Assist the Board of Directors and the Board of
Commissioners in their duties and responsibilities.
DUTIES AND RESPONSIBILITIES
Details of duties and responsibilities of the Corporate
Secretary within the Bank are as follows:
1. Maintain good relations with the Financial Services
Authority, the Indonesia Stock Exchange, and other
stakeholders.
338 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Good Corporate Governance
CONCURRENT POSITIONS AND ORGANIZATIONAL STRUCTURE
The function of the Corporate Secretary is served by an executive officer who leads the Corporate Secretary Division.
This position is under the supervision/coordination of the Compliance Director and is not to be served concurrently
with other positions.
President Director
Compliance Director
Corporate Secretary Head
In carrying out their duties and responsibilities, the 4. Facilitate the organization of training or seminars
Corporate Secretary oversees and manages the for members of the Board of Directors and Board of
functions of Corporate Governance, Corporate Action & Commissioners.
Stakeholder Management, as well as the Management 5. Arranging and fulfilling the requirements for fit and
of the Board of Commissioners and the Board of proper test for prospective members of the Board
Directors. of Directors and Board of Commissioners.
6. Prepare and submit reports required by capital
market and banking regulations.
IMPLEMENTATION OF DUTIES AND 7. Prepare and submit information disclosure.
RESPONSIBILITIES 8. Develop new policies and procedures and conduct
periodic reviews of policies and procedures related
During 2022, the activities of the Corporate Secretary to corporate governance including individual and
were carried out while adhering to health protocols. integrated Corporate Governance Guidelines,
With all these limitations, the Corporate Secretary has charter guidelines, and amendments to the Bank’s
successfully completed and carried out the following Articles of Association.
tasks or activities: 9. Conduct a review in terms of the law on limited
1. Organizing and attending meetings and taking liability companies, capital market regulations and
minutes of meetings of the Board of Directors, articles of association of a Bank plan as well as
Board of Commissioners, joint meetings of the prepare approval from the Shareholders, Board of
Board of Directors and Board of Commissioners Commissioners, and Board of Directors, if required.
and all committees under the Board of 10. Strengthening insights and providing debriefing by
Commissioners except the Nomination and attending training and workshops, both organized
Remuneration Committee. by regulators and professional associations.
2. Organizing monthly meetings for executive officers
(monthly managers meeting).
3. Organizing the Annual General Meeting of
Shareholders and Extraordinary General Meeting of
Shareholders of the Bank.
2023 ANNUAL REPORT PT BANK BTPN Tbk 339
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Good Corporate Governance
CORPORATE
SECRETARY
DISCLOSURE OF INFORMATION
As part of the Bank’s responsibilities and compliance as a public company, below is list of disclosure of information
conveyed throughout the year 2023
Date Document Number Subject
6 February 2023 S.010/CCS/II/2023 Disclosure of information – Press Release namely: 10th Year, Pocari Sweat Run Indonesia
2023 Targets 30,000 Runners From All Around Indonesia
20 February 2023 S.013/CCS/II/2023 Disclosure of Information - Press Release namely: Bank BTPN Ensures Customers’ Data,
Money Safety After Fire in Yogyakarta Office
28 February 2023 S.017/CCS/II/2023 Submission of the Consolidated Financial Statements as of 31 December 2022 (Audited)
of PT BANK BTPN Tbk (the “Company”)
28 February 2023 S.019/CCS/II/2023 Submission of the Annual Public Expose Material of PT BANK BTPN Tbk
28 February 2023 S.020/CCS/II/2023 Disclosure of Information – Press Release namely: Bank BTPN Posts 16% in 2022 Net
Profit Growth as Bank Supports Economic Resilience
28 February 2023 S.021/CCS/II/2023 Disclosure of Information on Bond Coupon Payment
17 March 2023 S.135/DIR/CCS/III/2023 Mandatory Disclosure of Information for Public - Affirmation of the Extension of Period to
Sellback the Buyback Shares
21 March 2023 S.031/CCS/III/2023 Disclosure of Information – Resignation of Board of Director of the Company
21 March 2023 S.032/CCS/III/2023 Disclosure of Information - Resignation of Board of Commissioner of the Company
17 April 2023 S.045/CCS/IV/2023 Disclsoure of Information on Annual Rating Results
17 April 2023 S.047/CCS/IV/2023 Disclosure of Information – Press Release namely: Jenius Observes Digital-Savvy
Behavior Ahead of Eid al-Fitr 2023 Through Jenius Study
17 April 2023 S.050/CCS/IV/2023 Disclosure of Information on The Changes in the Composition of Members of the Board
of Dirctors and Members of the Board of Commissioners of PT Bank BTPN Tbk.
04 May 2023 S.053/CCS/V/2023 Disclosure of Information – Press Release namely: Bank BTPN Books 7% Net Profit
Growth in Q1-2023
12 May 2023 S.059/CCS/V/2023 Disclosure of Information regarding the Effective Date Appointment the Independent
Commissioner of PT BANK BTPN Tbk
16 May 2023 S.062/CCS/V/2023 Disclosure of Information – Resignation of Board of Director of the Company
19 May 2023 S.065/CCS/V/2023 Disclosure of Information regarding the Effective Date of the Appointment of the Board of
Director of PT Bank BTPN Tbk
25 May 2023 S.066/CCS/V/2023 Disclosure of Information – Press Release namely: Bank BTPN Gives Rp1.111-Trillion
Syndicated Loan to PT Seino Indomobil
25 May 2023 S.067/CCS/V/2023 Disclosure of Information – Press Release namely: Jenius Encourages Digital-Savvy
Community to Be Physically, Financially Healthy Through Pocari Sweat Run Indonesia
Collaboration
26 May 2023 S.068/CCS/V/2023 Disclosure of Information on Disclosure of Information on Bond Coupon Payment Shelf
Registered Bond IV Bank BTPN with Fixed Interest Rate Stage I Year 2019 B Series
13 June 2023 S.076/CCS/VI/2023 Disclosure of Information – PEFINDO Annual Rating
22 June 2023 S.077/CCS/VI/2023 Disclosure of Information – Cooperation Agreement with IFC regarding Social and Green
Bond Deal
3 July 2023 S.080/CCS/VII/2023 Disclosure of Information regarding The Changes in the Composition of Members of the
Board of Directors of PT Bnk BTPN Tbk
4 July 2023 S.083/CCS/VII/2023 Disclosure of Information regarding the Amendment to the Articles of Association
31 Juli 2023 S.091/CCS/VII/2023 Disclosure of Information – Press Release namely: Jenius Supports Pocari Sweat Run
Indonesia 2023 through Series of #laribarengjenius Events
340 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Good Corporate Governance
Date Document Number Subject
1 August 2023 S.092/CCS/VIII/2023 Disclosure of Information – Press Release namely: Bank BTPN Records Positive Growth
in H1-2023
21 August 2023 S.097/CCS/VIII/2023 Disclosure of Information – Press Release namely: Bank BTPN Adopts Digital
Transformaon through Employee-First HR Technology, Partners with Darwinbox
24 August 2023 S.098/CCS/VIII/2023 Dissclosure of Information – Press Release namely: Jenius Celebrates Its Seventh
Anniversary with #jadilebihjenius
28 August 2023 S.099/CCS/VIII/2023 Disclosure of Information on Bond Coupon Payment
5 September 2023 S.100/CCS/IX/2023 Disclosure of Information – Press Release namely: Bank BTPN Directors Serves
Customers at Branches during National Customer Day Celebrations
12 September 2023 S.103/CCS/IX/2023 Disclosure of Information – Press Release namely: Great Eastern General Insurance
Indonesia Expand Retail Market in Collaboration with Bank BTPN
25 September 2023 S.106/CCS/IX/2023 Disclosure of Information – Press Release namely: Garmin Run Asia Series 2023
Indonesia Held at Uptown Park Summarecon Mall Serpong, Celebrates Running Passion
with Scientific Training
9 October 2023 S.109/CCS/X/2023 Disclosure of Information – Press Release namely: Jenius Presents Jenius Online Travel
Fair, Making ‘7 Hari 7 Malam’ Program Even More Exciting
13 October 2023 S.116/CCS/X/2023 Disclosure of Information – Press Release namely: Bank BTPN Invites Customers to
Explore Decarbonization Business Opportunities through 2023 Sustainability Seminar
31 October 2023 S.120/CCS/X/2023 Mandatory Disclosure of Information for Public - Disclosure of Information for
Shareholders of PT BANK BTPN Tbk (the “Company”) for the Purpose of Capital Increase
with Granting Pre-Emptive Rights II (“Right Issue II”)
3 November 2023 S.121/CCS/XI/2023 Disclosure of Information – Press Release namely: Bank BTPN Collaborates with Manulife
Asset Management Indonesia
22 November 2023 S.127/CCS/XI/2023 Disclosure of Information – Press Release namely: Facing the Challenges and Looking at
Opportunities, Bank BTPN Holds Economic Outlook 2024
27 November 2023 S.129/CCS/XI/2023 Disclosure of Information on Bond Coupon Payment
4 December 2023 S.130/CCS/XII/2023 Disclosure of Information – Press Release namely: Bank BTPN’s Commitment in Realizing
Sustainable Initiatives in Indonesia
5 December 2023 S.131/CCS/XII/2023 Mandatory Disclosure of Information for Public - Revision of Disclosure of Information
for Shareholders of the Company for the Purpose of Capital Increase With Granting Pre-
Emptive Rights II
8 December 2023 S.137/CCS/XII/2023 Mandatory Disclosure of Information for Public - The Withdrawal of Treasury Stock
resulted from Shares Buyback of which consequently amend the Article 4 paragraph 2 of
the Company’s Articles of Association.
8 December 2023 S.138/CCS/XII/2023 Mandatory Disclosure of Information for Public - The Cease of Sellback of The
Company’s Buyback Shares in The Conditions of Significantly Fluctuate Market Through
the Sale of Share on The Indonesia Stock Exchange
11 December 2023 S.139/CCS/XII/2023 Mandatory Disclosure of Information for Public - Capital Increase plan by Granting Pre-
emptive Rights II (“PMHMETD II”)
11 December 2023 S.140/CCS/XII/2023 Disclosure of Information – Press Release namely: Bank BTPN Records Positive Growth
Throughout January - September 2023
13 December 2023 S.141/CCS/XII/2023 Disclosure of Information – Press Release namely: Daya Fest 2023, a Manifestation of
Bank BTPN’s Commitment in Empowerment for Sustainable Development
22 December 2023 S.145/CCS/XII/2023 Disclosure of Information of Rating in relation to the Corporate Action
of PT BANK BTPN Tbk
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Good Corporate Governance
CORPORATE
SECRETARY
TRAINING AND COMPETENCY DEVELOPMENT
Details of competency development particicpated by the Corporate Secretary during the year 2023 are as follows:
Date Type of Training/Seminar/Workshop Organizer
31 January 2023 Socialization of SEJK No. 33/SEOJK.04/2022 on Guidelines for Implementing BTPN Compliance
Securities Offerings that are Not public Offerings
2 February 2023 Implemention of Artificial Intelligence in Financial Services Industry OJK Institute
3 February 2023 Socialization of Law No. 4 of Year 2023 Regarding the Development and BTPN Legal & Litigation
Strengthening of the Financial Sector
16 February 2023 Business Risk Forum / Training and Development on Effective Collaboration to BTPN Risk
Achieve Common Goal by Hingdranata Nikolay
22 February 2023 Socialization on the General Guidelines of Indonesia Corporate Governance and National Governance Polilcy
Implementation of the 2023 Annual Report Awards Committee
28 February 2023 Effective Communication Training by Wahyu Wiwoho (Talk Inc) BTPN Corporate Secretary
and BTPN Learning
2 March 2023 CLCS Workshop (BTPN Culture Initiative) Communication Seminar & Gathering BTPN CLCS Directorate
6 March 2023 Senior Leaders' Briefing Q1 2023 BTPN Corporate
Communications
14 March 2023 Leadership Series 1 Creating Strategy to Connect The Generation Gap feat. Yoris BTPN Human Resources
Sebastian (co founder Inspigo)
20 March 2023 Webinar on Law on the Development and Strengthening of the Financial Services Capital Market Legal
Sector in Indonesia: Implications for the Capital Markets Sector Consultants Association
11 April 2023 Seminar “P2SK Law as the Strengthening Factor in the Financial Sector for ICSA & Hukumonline
Consumers and the Financial Industry”
18 May 2023 LDA - Cultural Intelligence Workshop SMBC Learning
Development Asia
22 May 2023 Senior Leaders' Briefing Q2 2023 BTPN Corporate
Communications
25 May 2023 Understanding the Key Elements of Green, Social, and Sustainability Bonds IDX-UNDP
6 June 2023 Economic Outlook Update by Creco (Bapak Raden Pardede) BTPN Corporate Secretary
8 June 2023 In-depth review of POJK No. 14/POJK.04/2019 on Additional Capital in Public ICSA
Companies by Granting Pre-Emptive Rights
8 June 2023 Digital Knowledge Sharing (LCAPD-AGMD-BTPN) of Year 2023 LCAPD-AGMD-BTPN
13 June 2023 AEI Gathering – Discussion on Strategy and Implementation of Law P2SK for AEI
Public Companies
14 June 2023 Leadership Series on Learning Festival (Offline): "Managing Global Business Risks BTPN Learning
: A Proactive ft Tantowi Yahya
21 June 2023 Socialization of PLPS No. 1 of Year 2023 regarding Svings Deposit Insurance BTPN Compliance
Program
26 June 2023 Socialization of Regulation No. I-L regarding the Suspension of Securities, IDX
Regulan No. I-X concerning Placing Equity Security Listings on Special Monitoring
Boards, and Regulation No. II-X regarding Trading in Equity Securitities on
Monitoring Boards
27 June 2023 Non-Regulatory Webinar on "Strengthening the Board's Succession: A Framework ICSA
for Board Performance & Evaluation"
342 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Good Corporate Governance
Date Type of Training/Seminar/Workshop Organizer
6 July 2023 Media Training BTPN Learning
12 July 2023 Socialization of OJK provisions on APU and PPT BTPN Compliance and
BTPN AML CFT
1 August 2023 Socialization of POJK No. 9 of Year 2023 concerning th Use of Services of Public BTPN Compliance
Accountant and Public Accounting Firm in Financial Services Activities
2 August 2023 Resilience Strategy for Data Protection in Companies ICSA
11 August 2023 Refreshment Socialization on BMPK OJK Provision BTPN Compliance
16 August 2023 Senior Leaders' Briefing Q3 2023 BTPN Corporate
Communications
22 August 2023 Compliance Refreshment Emiten dan Perusahaan Publik IDX
24 August 2023 In-dept review of SEOJK No. 33/SEOJK.04/2022 concerning Guidelines on the ICSA
Implementation of Securities Offerings that are Not Public Offerings
7 September 2023 Socialization on the Implementation of Bank’s Sensitive Information Registration BTPN Cyber Security Risk
14 September 2023 AEI Deliberation and Seminar Optimizing the Implementation of the Financial AEI
Sector Development & Strengthening Law (P2SK) towards the Development of the
Indonesian Capital Market-IDX Global Economic Dynamics & Implications for the
National Economy by Coordinating Minister The Dynamics of Political Economy
and Its Implications for the Business World
20-22 September 2023 CLCS Workshop and Gathering BTPN CLCS Directorate
6 October 2023 Seminar on Free Float and Use of E009 Form in SPE Reporting System BEI dan AEI
7 November 2023 Sustainability Town Hall BTPN Corporate
Communications and
SMBC
9 November 2023 ASEAN Corporate Governance Scorecard Revised October 2023 ICSA
10 November 2023 Corporate Secretary Workshop dan Gathering BTPN Corporate Secretary
27 November 2023 Invitation to Socialization of Financial Services Authority Regulation (POJK) No. 9 ICSA
of 2023 concerning the Use of Public Accounting Services and Public Acounting
Firms in Financial Services Activities
30 November 2023 Risk and Governance Summit 2023 OJK
2023 ANNUAL REPORT PT BANK BTPN Tbk 343
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Good Corporate Governance
COMPLIANCE
FUNCTION
Implementation of the Compliance Function at BTPN Moreover, in line with the rapid development of
refers to the Financial Services Authority (OJK) information technology and digitalization, it can pose a
Regulation No. 46/POJK.03/2017 on the Implementation potential compliance risk for the Bank. For this reason,
of the Compliance Function in Commercial Banks. efforts to mitigate potential compliance risks are highly
The regulation explains that the Compliance Function important.
is a preventive measure (ex-ante) for the Bank so that
policies, provisions, systems, procedures, and business This can be manifested through improving the role and
activities are carried out in accordance with OJK responsibility of compliance at every organizational
regulations as well as relevant laws and regulations. level, as well as the effectiveness of the Compliance
Unit roles in the Bank. Thus, all potential risks to the
The Compliance Function also ensures the emergence Bank’s business activities can be anticipated early.
of compliance with the Bank’s commitments to OJK
and other authorities. Compliance with provisions set by The Bank’s compliance is carried out in a
OJK, Bank Indonesia, or applicable laws and regulations comprehensive and structured manner. The objective,
has been BTPN’s commitment, as stated in the Bank’s mainly as preventive effort, to ensure that business
Corporate Governance Manual and Compliance Policy. processes within the Bank are in line with applicable
regulatory provisions.
The importance of implementing compliance is also a
response to the awareness that banking is an industry
that requires the implementation of highly-regulated ORGANIZATIONAL STRUCTURE
compliance compared to other industries. The strict
level of compliance is especially related to public Implementation of the compliance function in BTPN’s
missions and responsibilities toward public funds. organization is implemented by the Compliance Work
Unit, referred to as the independent Compliance
Division, as the OJK regulations stipulate. In line with
regulatory provisions, the Bank also has the Director of
Compliance responsible for the Compliance Function.
Below is the organizational of the Compliance Division:
Compliance & Legal Director
Compliance Head
Compliance Reporting & Compliance Policy &
Compliance Advisory
Regulatory Relation Training
344 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Good Corporate Governance
LEGAL BASIS The Director Responsible for Compliance Function:
1. Formulate the strategy to encourage the emergence
The Bank’s main guideline in its compliance function of the Bank’s Compliance Culture;
is OJK Regulation No. 46/POJK.03/2017 on the 2. Propose compliance policies or principles that will
Implementation of Compliance Function in commercial be established by the Board of Directors;
Banks. In addition, the Bank takes into consideration 3. Establish the compliance system and procedures to
the following: be used to formulate the Bank’s internal provisions
1. The development of information technology, and guidelines;
globalization, and financial market integration 4. Ensure that all policies, provisions, systems,
will add to the complexity of the Bank’s business procedures, as well as the Bank’s business
activities that will broadly impact the risk exposures activities are in accordance with provisions set by
faced by banks; the Financial Services Authority and the provisions
2. Efforts to mitigate risks in the Bank’s business of the laws and regulations;
activities, both as preventive measures (ex-ante) or 5. Minimize the Bank’s Compliance Risk;
curative measures (ex-post); 6. Take preventive measures so that policies and/
3. Efforts of preventive measures (ex-ante) can be or decisions by the Bank’s Board of Directors will
conducted by complying with various applicable not deviate from provisions set by the Financial
banking rules to reduce or minimize risks in the Services Authority and provisions of the laws and
Bank’s business activities. regulations; and
7. Conduct other tasks related to Compliance
Function.
FUNCTION, DUTIES AND
RESPONSIBILITIES Duties and Responsibilities of the
Compliance Work Unit:
Functions, duties, and responsibilities of the Compliance 1. Establish steps to support the emergence of
Department in BTPN are focused on supporting Compliance Culture in all of the Bank’s business
the implementation of the Compliance Function in activities at every level of the organization;
accordance with POJK No.46/POJK.03/2017 on the 2. Conduct identification, measurement, monitoring,
Implementation of compliance Function in Commercial and control of Compliance Risk by referring to the
Banks, which covers the following: provisions of the Financial Services Authority that
1. Manifest the implementation of Compliance Culture regulate the implementation of risk management in
at all levels of the Bank’s organization and business commercial banks;
activities; 3. Assess and evaluate the effectiveness, adequacy,
2. Manage Compliance Risks faced by the Bank; and conformity of the Bank’s policies, provisions,
3. Ensure that policies, provisions, systems, and systems, and procedures with provisions of the
procedures, as well as the Bank’s business laws and regulations;
activities, are in accordance with provisions set by 4. Review and/or recommend updates and
the Financial Services Authority, as well as laws and improvement of the Bank’s policies, provisions,
regulations, including the Sharia Principle for sharia systems, and procedures in order to comply with
commercial banks and sharia business units; and provisions of the Financial Services Authority, as
4. Ensure the Bank complies with its commitments well as the provision of the laws and regulations;
to the Financial Services Authority and/or other 5. Take efforts to ensure that the Bank’s policies,
authorized supervisory authorities. provisions, systems, and procedures, as well as the
Bank’s business activities, are in accordance with
For the Compliance Function to be implemented the provisions of the Financial Services Authority
effectively, the Bank has appointed a Director in charge and provisions of the laws and regulations; and
of the Compliance Function. In carrying out the duties, 6. Conduct other tasks related to the Compliance
the Director is assisted by an independent Compliance Function.
Unit, as stipulated by OJK on implementing the
Compliance Function in Commercial Banks.
With reference to POJK No. 46/POJK.03/2017
concerning the Implementation of the Compliance
Function in Commercial Banks, the duties and
responsibilities of the organization that carries out the
Compliance Function are as follows:
2023 ANNUAL REPORT PT BANK BTPN Tbk 345
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Good Corporate Governance
COMPLIANCE
FUNCTION
Superision of the Board of Directors and FOCUS OF THE COMPLIANCE
the Board of Commissioners FUNCTION IN 2022
With reference to the obligation to comply with POJK
No. 46/POJK.03/2017 on the Implementation of the Throughout the year 2022, the focus of the Bank’s
Compliance Function in Commercial Banks, the Board Compliance Function implementation in carrying
of Directors is required to foster and actualize the business activities includes the following:
implementation of Compliance Culture at all levels of the 1. Review of the Bank’s key policies such as the
organization and the Bank’s business activities, as well Corporate Governance Manual with development
as the obligation to ensure that the Bank’s Compliance for implementation within the Financial Group.
Function is implemented. 2. Review of all Bank operational policies, including
a review of compliance policies which are the
In this respect, in order to ensure the implementation basic infrastructure used as guidelines in the
of the Compliance Function, the Board of Directors implementation of the Bank’s Compliance Function.
and the Board of Commissioners continuously carry 3. Compliance testing of draft policies, program
out supuervision of the Bank’s Compliance Function products, corporate actions, or transactions
implementation, which among other through the requiring approval from the Credit Committee and
following mechanism: Compliance Review of initiatives other than policies,
1. Report on the implementation of duties and program products, corporate actions, transactional
responsibilities of the Compliance Unit to the decisions (credit) with the authority of the Credit
Compliance Director (monthly). Committee to ensure compliance with applicable
2. Report on the implementation of duties and regulations. Additionally, Compliance Risk Review
responsibilities of the Compliance Director to the is conducted on product initiatives and/or activities
President Director with a copy to the Board of requiring approval from the Regulator (OJK/BI)
Commissioners (quarterly). which is the result of compliance analysis of the
3. Compliance Director’s task execution and respective products and/or activities.
responsibility report submitted to the Financial 4. Dissemination of new OJK, BI, and LPS regulations
Services Authority (OJK) with copies to the to the Board of Directors, Board of Commissioners,
President Director and the Board of Commissioners and related units via email or virtually, including the
(semi-annual). dissemination of new regulations to related units
4. Monitoring report on compliance risk to the Board of to determine follow-up on these new regulations.
Directors at the Board of Directors’ Meeting and to Monitoring is conducted on new regulations
the Board of Commissioners at the meeting of the requiring follow-up to ensure compliance with
Board of Directors with the Board of Commissioners the new regulations by the Bank. Additionally,
and at the Audit Committee periodically. re-socialization of old regulations affecting Bank
products and activities to related units is conducted.
The Board of Directors and the Board of Commissioners 5. Consultative function (advisory) related to the
have also approved the compliance policy that serves application of current regulations in every product
as the fundamental infrastructure in the governance and/or activity issuance as well as policies;
implementation of the Bank’s Compliance Function. new, development, or annual review through
coordination meetings, electronic media, and
In compliance with POJK No.46/POJK.03/2017 on others.
the Implementation of the Compliance Function in 6. Implementation of Compliance Risk Self-
Commercial Banks, the Board of Commissioners takes Assessment as part of preparing the Bank’s Risk
an active supervisory role of the Compliance Function Profile conducted quarterly to manage the Bank’s
through assessment of the Bank’s Compliance Function Compliance Risk.
implementation conducted 2 (two) times a year, including 7. Implementation of Compliance Self-Assessment
providing suggestions/recommendations to improve the (CSA) to ensure compliance with OJK and BI
implementation of the Bank’s Compliance Function. regulations as well as other applicable regulations
and SMBC regulations (as majority shareholder and
Controlling Shareholder of the Bank which is also a
Global Systemically Important Bank (G-SIB)).
346 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Good Corporate Governance
8. Implementation of self-review examinations COMPLIANCE IMPLEMENTATION
(Compliance Self Review) as one of the steps STRATEGY
in improving the Compliance Culture of all
employees regarding the implementation of OJK The Bank retains the strategy to establish continuous
and BI provisions and legal regulations as well as compliance in the Bank’s organizational environment.
SMBC provisions, including conducting surveys Details of the strategy are explained below:
of all employees to ensure their understanding of 1. Increase mentoring and monitoring of compliance
Compliance Risk. CSR implementation is one form implementation in all business/support lines. This
of Bank BTPN’s obligation as a subsidiary of the is especially important in business units that will
SMBC Group. implement new products/initiatives, units related
9. Implementation of Compliance On-site Review to regulatory reporting, and units related to
(Branch Review) by AML Compliance Champion compliance with prudential ratios such as KPMM,
(ACC) as part of the Compliance Division’s and GWM, PDN, NPL, BMPK, NSFR, LCR, Leverage
Anti-Money Laundering & CFT Division’s activities Ratio, and RPIM.
in monitoring compliance implementation at
branches and also to maintain consistency of 2. Enhance Compliance Culture at all levels of the
branch compliance with applicable regulations and organization and business activities of the Bank
to avoid compliance gaps between headquarters through, among others:
and branch offices. a. Improving compliance culture at all levels of
10. Evaluation of assessments conducted by related the organization and business activities of the
units on the causes and follow-up of fines from the Bank through socialization of OJK, BI, and LPS
Regulator (OJK and/or BI) to mitigate recurring fine regulations.
sanctions and improve the Bank’s internal control, b. Providing training to all staff and increasing
including monitoring the completion of follow-up awareness of compliance culture, both at the
actions or improvement steps in accordance with headquarters and in branches.
the assessment results. c. Conducting mandatory e-learning to enhance
11. Monitoring the implementation of Compliance and Compliance Culture that must be attended by
governance functions at subsidiary companies, all employees.
namely BTPN Sharia in accordance with OJK 3. Increase supervision and awareness of compliance
provisions related to Banking Synergy. risks by conducting Compliance Self-Assessment,
12. Refinement of the compliance process including Compliance Self Review, Thematic Review,
strengthening the supporting infrastructure for the Compliance on-site Review (Branch Review), and
implementation of the Compliance Function at the internal discussions to provide input to the relevant
Compliance Unit in the form of monitoring systems units.
for compliance with follow-up OJK and/or BI
regulations, compliance with Regulator examination Ensure that all policies, regulations, systems, and
findings, and others. procedures, as well as business activities conducted
13. Conducting training to strengthen Compliance by the Bank, comply with regulations (OJK, BI, and
Culture at all levels of the Bank’s organization and LPS) and legal regulations. This is done by evaluating
business activities for all employees, including internal guidelines, corporate actions, and transactional
Refreshment Compliance Awareness training decisions (credit) requiring approval from the Credit
including Compliance Declaration, Refreshment Committee and advisory function.
APU & PPT, and Entertainment & Gift conducted
through e-learning. Additionally, topics related to
Anti-Bribery & Corruption (ABC) are re-socialized to COMPLIANCE SOCIALIZATION
all employees through internal Bank media.
14. Improving the quality and competence of human Throughout the year 2023, socialization sessions on
resources in the Compliance & Legal Directorate to new regulations from OJK, BI, and LPS were conducted
comply with applicable regulations and laws and via email and virtual platforms for the Directors, Board
other competencies following developments in the of Commissioners, and relevant units. This included
banking industry. disseminating new regulations to the relevant units to
determine follow-up actions. Additionally, socialization
sessions on existing regulations that impact the Bank’s
products and activities were also conducted for the
relevant units.
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Good Corporate Governance
COMPLIANCE
FUNCTION
To enhance the understanding of branch employees, mitigate recurring fine sanctions and enhance the
socialization sessions on OJK, BI, LPS regulations, and Bank’s internal control, including monitoring the
SMBC regulations were conducted both online and completion of follow-up actions or improvement
offline by the AML Compliance Champion (ACC) as steps in accordance with the study results.
part of the Compliance Division’s activities to increase 2. Enhancing compliance processes, including
awareness and monitor compliance implementation at strengthening the supporting infrastructure for
the branches. Compliance Function implementation in the
Compliance Unit through monitoring systems for
OJK and/or BI regulation compliance, compliance
COMPLIANCE INITIATIVES IN 2023 with regulatory examination findings, and others.
3. Implementing the Regulatory Reporting
Throughout the year 2023, the Bank implemented Governance & Process Review (Project RRG&PR)
several compliance-related initiatives, including: aimed at increasing time efficiency of existing
1. Conducting evaluations of studies conducted by resources, enhancing critical process maturity in
relevant units on the causes and follow-up actions compliance reporting management, and reducing
of fines imposed by regulators (OJK and/or BI) to compliance risk exposure, including potential fine
penalties.
INTERNAL
FRAUD
BASIS OF FRAUD PREVENTION IMPLEMENTATION OF ANTI-FRAUD
STRATEGY
Bank BTPN applies zero tolerance to every incident of
fraud. For this reason, the Bank incessantly follows up In managing fraud risks, the Bank implements an anti-
on every fraud incident, including by providing sanctions fraud strategy coordinated by the Operational & Fraud
to employees who conduct and are involved in fraud Risk Management (OFRM) Division. The OFRM Division
incidents, in line with applicable provisions, including is directly responsible to the Head of Risk Management,
reporting to the authorities (if necessary). who is responsible to the President Director.
Apart from the above, the Bank is committed to taking Fraud risk control in BTPN is carried out systematically
action of prevention against all forms of fraud and to through the implementation of an Anti-Fraud strategy
immediately follow-up to reduce the loss impact on manifested in 4 (four) pillars, as explained below:
the customers and/or the Bank, including managing 1. Prevention
the Bank’s reputation from negative publications that The anti-fraud prevention programs, in the context
impact the loss of the public’s trust in the Bank. of reducing potential fraud incidents, which at
least include the signing of the Anti-Fraud Integrity
The Bank requires all employees to act honestly, with Pact, training (through virtual as well as e-learning
integrity and high professionalism to take an active facilities) to all employees, the Board of Directors
role in protecting and maintaining assets, customers’ and the Board of Commissioners, periodically
funds, and stakeholders’ interests by complying with all update policies and procedures of anti-fraud
internal provisions and prevailing laws and regulations. strategy management, carry out reviews of fraud
risks on each product, process, system, and
348 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Good Corporate Governance
initiative (new or in development stage) as well 4. Monitoring, Evaluation, and Follow-Up
as administer training periodically on anti-fraud Observe, evaluate, and monitor the settlement of
awareness to vendors and partners in cooperation follow-up actions on fraud incidents carried out by
with the Bank to take part in assisting the Bank the OFRM Division in coordination with all other
to maintain corporate governance, especially in related work units.
the aspect of proper implementation of fraud risk
management. The OFRM Division reports the implementation of the
Bank’s anti-fraud strategy to the President Director
2. Detection through the Risk Management Committee monthly
Programs and tools to detect fraud, which at least meetings and to the Board of Commissioners through
includes the whistleblowing mechanism, surprise the Audit Committee and Risk Monitoring Committee
audit, and surveillance system. meetings every 3 (three) months. The OFRM Division
also submitted the anti-fraud strategy implementation
3. Investigation reports to the Regulators (BI/OJK/LPS) in accordance
The process of investigation, reporting, and with the prevailing provisions.
sanctions on fraud incidents, which at least
includes investigation standards, reporting
mechanisms, and mechanisms for the imposition of IMPLEMENTATION AT THE BANK
sanctions.
The following are the number of Internal Fraud incidents
with significant impact that have been reported to
OJK based on the criteria set out in Bank BTPN’s
regulations.
Number of case conducted by
Permanent Non-Permanent
Internal Fraud in 1 year Management
Employee Employee
2023 2022 2023 2022 2023 2022
Resolved - - 4 1 - 1
In process of settlement internally in the Bank - - - - - -
Not yet processed for settlement - - - - - -
Followed-up further through legal process - - 4 1 - 1
Total Fraud - - 4 1* - 1*
*) 1 Incident conducted collectively.
ANTI-MONEY LAUNDERING, ANTI- Laundering (AML), Counter-Terrorist Financing (CFT),
MONEY LAUNDERING, COUNTER- and Counter-Proliferation Financing of Weapons of Mass
TERRORIST FINANCING, AND COUNTER- Destruction (CPF) Program in the Financial Services
PROLIFERATION FINANCING OF Sector, as well as best practices applicable to the global
WEAPONS OF MASS DESTRUCTION SMBC group.
(AML CFT AND CPF)
Special Work Units of AML, CFT, and
Bank BTPN developed the AML/CFT program as CPF
an effort to prevent the risk of becoming a means of The Anti-Money Laundering/Combating Financing
Money Laundering (ML), Terrorist Financing (TF), and of Terrorism (AML CFT) Division is appointed as a
Proliferation Financing (PF). The implementation of Special Work Unit responsible for the implementation
the AML/CFT program refers to Law No. 8 of 2010 on of AML, CFT, and CPF programs. The AML Division
the Prevention and Eradication of the Crime of Money is independent and structurally responsible directly
Laundering, Law No. 9 of 2013 on the Prevention and to the director in charge of the compliance function
Eradication of the Crime of Financing of Terrorism, POJK (Compliance Director).
No. 8 of 2023 on the Implementation of Anti-Money
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Good Corporate Governance
INTERNAL
FRAUD
The AML Division conducts continuous monitoring and carries out tests on the Bank’s compliance with all AML, CFT,
and CPF programs, as well as reporting to inform management regarding the quality of implementation of the AML,
CFT, and CPF programs. The AML CFT Division is also supported by AML staff representatives (AML Compliance
Champion/ACC) stationed in 6 regions for easier supervision access in implementing AML, CFT, and CPF programs
carried out in branch offices throughout Indonesia.
Organizational Structure of APU PPT Division
Compliance Director
AML & CFT Division Head
AML CFT Transaction AML CFT
AML CFT Due Diligence AML CFT Technology
Monitoring & Reporting Risk Monitoring
Socialization of AML, CFT, and CPF The Bank compensates for this increasing risks by
Programs continuously improving the quality of implementation
The implementation of AML, CFT and CPF programs of the AML, CFT, and CPF program. Such efforts
requires a shared commitment from all stakeholders, are based on a risk-based approach in identifying,
from the employee level to the managerial ranks. assessing and understanding ML, TF, and PF risks in all
Therefore, Bank BTPN continues to socialize AML, financial products and services owned by the Bank.
CFT and CPF programs regularly to all employees, as
well as dynamically to certain work units in the form of The Bank actively contributes to regulatory programs in
relevant specific materials. These efforts will continue Indonesia to support the strengthening of the financial
to be carried out on an ongoing basis within the Bank, services sector, including through the Financial Integrity
to improve the culture of compliance at all levels of Rating on Money Laundering/Terrorism Financing (FIR
the Bank’s organization as well as awareness of the on ML/TF) carries out by PPATK every year.
impact of the risk of Money Laundering (ML), Terrorist
Financing (TF), and the Proliferation Financing (PF) on As part of the implementation of a comprehensive
the Bank’s business activities. risk management and in support of the integrity of the
implementation of corporate governance principles,
Implementation of the AML, CFT, and the Bank applies the following AML, CFT, and CPF
CPF Programs in 2023 programs
The Bank’s financial products and services are
increasingly developing, among others, marked by 1. Active Supervision of the Board of Directors
the development and use of information technology and the Board of Commissioners
in financial products and services. In line with this, The Board of Directors and the Board of
the Bank is faced with potential high risks of Bank’s Commissioners provide approval on policies
financial products and services being used as a means and procedures of AML, CFT, and CPF.
of ML, TF, and PF. Implementation of AML, CFT, and CPF is informed
regularly to the Board of Directors and the Board of
Commissioners in periodic meetings of the Board
of Directors and the Board of Commissioners, as
well as through periodic/ad hoc reports.
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Good Corporate Governance
2. Policies and Procedures stakeholders. The customer transaction monitoring
The Bank has reviewed existing policies and system is also guaranteed to be able to support
procedures to align with the issuance of OJK the Bank in analyzing customer transaction
Regulation No. 8 of 2023 on 14 June 2023, which monitoring alerts and identifying transaction
regulates the implementation of AML, CFT, and that must be followed up (blocking, delaying,
CPF programs in financial services sector in terminating or rejecting transactions) and reporting
Indonesia, as well as amendments to the SMBC to the authorities in accordance with applicable
AML Global Procedure and SMBC AML Regional regulations. Review of transaction monitoring
Policy in 2023. The AML Division, together with alert scenarios is carried out annually to ensure
Compliance Division, carried out socialization of the effectiveness and take into account the modus
OJK Regulation No. 8 of Year 2023 on 12 July operandi of ML, TF, and PF that are always
2023. The Bank also held an annual review on evolving.
Work Unit SOP in AML Division to align with the
improvement of the Bank’s policies and procedures The Bank regularly improves and develops the
of AML, CFT, and CPF. support system of AML, CFT, and CPF to ensure
that the Bank’s system, information technology
3. Internal Control and distribution network cannot be misused as
To ensure an effective internal control system, a means of money laundering, terrorist financing
the Bank determines the limits of authority and proliferation activities. Periodic testing is also
and responsibility of work units related to the scheduled to assess the reliability and effectiveness
implementation of the AML, CFT, and CPF of the Bank’s AML, CFT, and CPF program support
programs and carries out independent audits to systems.
ensure the effectiveness of the implementation
of the programs. Business Units and branch As a form of compliance with regulators, the Bank
offices act as the front line/first line of defense in implements its reporting through the GoAML to
implementing the Bank’s business activities by PPATK, using the APOLO system for reporting
continuing to comply with the Bank’s AML, CFT, module for APU PPT reporting to OJK, as well as
and CPF policies and procedures. the Information System for Suspected Terrorism
Funding (SIPENDAR) to PPATK.
Indpendent inspection is conducted by the Quality
Assurance Team (Directorate of Operations) and
the AML Division as the second line of defense. 5. Human Resources and Training
The Quality Assurance Team ensures the process AML Division periodically monitors, analyzes
quality in all branch offices incuding AML, CFT, and recommends the need for training as well as
and CPF processes. The AML Division regularly development of training materials for AML, CFT,
assesses the implementation of AML, CFT, and and CPF Programs, for the Bank’s employees.
CPF policies as well as the risk development AML, CFT, and CPF program training is mandatory
of ML, TF, PF. The AML Division also consults for completion every year by existing employees, as
and reviews AML, CFT, and CPF risks on the well as for employees in orientation stage.
development of products, services, distribution
mechanism and technology available in the Bank. Working together with the Human Resource
The audit, as the third line of defense, carries Division, AML Division monitors the fulfillment
out inspection on the implementation quality of of continuous related training that are mandatory
the the Bank’s AML, CFT, and CPF programs as for new and existing employees. The Bank also
conducted by first and second lines. conduct pre-employment screening procedures
and monitors each employee’s profile (know your
4. Management Information System employee), in order to mitigate ML, TF, and PF risks
The Bank has adequate management information that involve the Bank’s internal parties.
system to support AML, CFT, and CPF programs,
which covers the system used to process
identification and screening of customers, customer
risk profile assessment, monitoring of customers’
data updates, as well as reporting system to all
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Good Corporate Governance
PROVISION OF FUNDS FOR
SOCIAL AND POLITICAL ACTIVITIES
Bank BTPN is not involved in political activities and In this respect, the Bank places its social responsibility
does not extend donations for political purposes. On program as an important and integral part of the Bank’s
the contrary, Bank BTPN can continually maintain its business activities. A more detailed explanation of this
business performance by carrying out its social calling. is presented in the Sustainability Report.
TRANSPARENCY OF THE BANK’S
FINANCIAL AND NON-FINANCIAL
CONDITIONS
With reference to the Financial Services Authority Regulation No. 55/POJK.03/2016 on the Implementation of
Corporate Governance in Commercial Banks, Bank BTPN has complied with the obligation concerning the
transparency of the financial and non-financial conditions. The disclosure mechanism is carried out through various
communication channels, from uploading on the Bank’s sites to direct disclosure to the regulators and related parties.
In addition, transparency is also noted through publications in the national media. Following is the list, among others,
of details of transparency in financial and non-financial areas:
Subject of Transparency Publication
Monthly Financial Report to regulator Website
Quarterly Financial Report to regulators Print media, websites and other information channels
Annual Report to regulators, rating institutions, shareholders, and other Websites and other information channels
related parties
Information Governance Website
Information on the Bank’s Products and Services including office Website
network
Announcement of GMS implementation Website and other information channels
Other information related to information disclosure Website and other information channels
Share Buyback or Subordinated Bond
The shares and bond buybacks are efforts to reduce the number of issued shares or bonds. The payment procedure
is carried out in accordance with applicable regulations.
In 2023, Bank BTPN did not buy back shares or bonds.
352 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Good Corporate Governance
PROVISION OF FUNDS
TO RELATED PRTIES AND
LARGE EXPOSURE
The provision of funds to Related Parties is performed in accordance with applicable regulations and must obtain
the approval of the Board of Commissioners. The following table shows details of the provision of Funds to Related
Parties and Big Exposures as of December 31, 2023.
Realization of Provision of Funds to Third Parties and Large Exposure.
Total
Provision of Funds Nominal
Number of Debtor
(Rp Million)
1. To Related Parties 13 5,865,287
2. To Main Debtor 25 77,106,340
Individual 2 2,000,000
Group 23 75,106,340
2023 ANNUAL REPORT PT BANK BTPN Tbk 353
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Good Corporate Governance
EXTERNAL
AUDIT
POLICY
In preparing the audited financial statements, BTPN appointed a Public Accountant (AP) and a Public Accounting Firm
(KAP) registered with Bank Indonesia and the Financial Services Authority. For the fiscal year 2023, KAP Siddharta
Widjaja & Partners was appointed. The Annual GMS approved the appointment on 13 April 2023 based on the
recommendation of the Audit Committee through the Board of Commissioners.
The total fee incurred for the audit of Consolidated Financial Statements during 2023 was Rp15,900 million before
out-of-pocket expenses and VAT of 11%.
The above Public Accountant and KAP have completed their tasks independently in line with the standard guidelines
for the public accounting profession and in accordance with the predetermined work requirements and audit scope.
Public Accounting Firms as Audit Executor of Bank BTPN’s Financial Statements
Audited Fee
Public Accounting Firm Accountant in Charge Services Provided
Fiscal Year (Rp Million)
2023 KAP Siddharta Widjaja & Rekan Novie, S.E., CPA Audit of Annual and Interim 15,900
Financial Statements
2022 KAP Siddharta Widjaja & Rekan Novie S.E., CPA Audit of Financial Statements 8,553
2021 KAP Siddharta Widjaja & Rekan Liana Lim S.E., CPA Audit of Financial Statements 8,351
2020 KAP Siddharta Widjaja & Rekan Liana Lim S.E., CPA Audit of Financial Statements 8,500
2019 KAP Siddharta Widjaja & Rekan Liana Lim S.E., CPA Audit of Financial Statements 7,300
INTERIM FINANCIAL AUDIT
The Interim Financial Statements Audit as of 30 September 2023 position was carried out by KAP Siddharta Widjaja
& Partner in the context of the Registration Statement to be carried out by Bank BTPN, under the applicable OJK
registration regulations, in connection with the issuance of shares with pre-emptive rights in 2023.
The audit covers BTPN and Subsidiaries with a total fee for the assignment of services amounting to Rp10,800 million
before out of pocket expenses (OPE) and VAT 11%.
OTHER FINANCIAL NON-AUDIT SERVICES
Other Financial Non-Audit Services provided by KAP Siddharta Widjaja & Partner for services related to the issuance
of comfort letter from the Public Accountant to the Financial Service Authority (OJK) in the context of the Registration
Statement to be carried out by Bank BTPN, under OJK applicable registration regulation, in connection with the
issuance of shares with pre-emptive rights in 2023.
The total fee for this service assignment amounted to Rp1,350 million before OPE and VAT 11%.
354 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Good Corporate Governance
INTERNAL AUDIT
The Internal Audit retains the vision to become the management’s strategic partner in supporting the Bank’s growth
to attain the organization’s set goals. In carrying out its duties, the Internal Audit has 2 (two) functions.
The first is the assurance function, where the Internal Audit evaluates the governance process, risk management, and
effectiveness of the internal control on all aspects of the Bank’s activities through the risk-based approach.
Second, the consultative function, where the Internal Audit provides feedback on internal control to other directorates,
such as by extending recommendations or suggestions for improvements in various audits conducted, feedback on
policy or procedure drafts, feedback on the Bank’s main initiatives, and others.
PROFILE
Nurhajati Soerjo Hadi
Kepala Internal Audit
Nationality Indonesian
Domicile Jakarta
Age 55 years as of the end of fiscal year 2023
Place, Date of Birth Jakarta, 11 August 1968
Basis of Appointment Appointed as President Director upon approval of the Board of Commissioners since 1 January 2017,
through the Decision Letter No. PS/BOC/009/XII/2016 on the Approval of the Board of Commissioners
related to the Replacement of the Head of Internal Audit of PT Bank BTPN Tbk.
Educational Background Bachelor of Arts in Business Administration from Oregon State University, Corvallis – Oregon, USA
(1991)
Work Experience • Fraud Management Unit Head, PT Bank BTPN Tbk (2015-2016)
• Quality Assurance and Corporate Client Execution Head, PT ANZ Bank Indonesia (2015)
• Business Development Director (Business Manager) to International Banking, The Royal Bank of
Scotland N.V., Jakarta Branch (2009–2013)
• Business Development Director (Business Manager) to Executive Country, ABN AMRO Bank N.V. /
The Royal Bank of Scotland N.V., Jakarta Branch (2008–2013)
• Director, PT RBS Finance Indonesia (2008–2012)
• Credit Portfolio Management Head, ABN AMRO Bank N.V., Jakarta Branch (2005–2008)
• Deputy Head Financial Restructuring & Recovery (FRR), ABN AMRO Bank N.V., Jakarta
Branch (2003–2005)
• Financial Restructuring & Recovery Officer, ABN AMRO Bank N.V., Jakarta Branch (1999–2005)
• Relationship Manager for Corporate Banking, ABN AMRO Bank N.V., Jakarta Branch (1996- 1998)
• Corporate Credit Account Officer di PT IBJ Indonesia Bank, Jakarta (1991–1995)
Certification • Manajemen Risiko (SMR) Level 5
• Qualified Internal Auditor (QIA)
• Indonesia Internal Auditor Practitioner (IIAP)
Affiliate Relationship No affiliation with the Board of Directors, Board of Commissioners and Controlling Shareholders.
APPOINTMENT AND DISMISSAL
The Head of Internal Audit is appointed and dismissed by the President Director with the approval of the Board of
Commissioners. The appointment and dismissal of the Head of Internal Audit are reported to the Financial Services
Authority (OJK).
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Good Corporate Governance
INTERNAL AUDIT
WORK UNIT
ORGANIZATION AND POSITION OF THE INTERNAL AUDIT IN THE COMPANY’S
STRUCTURE
The Internal Audit is an independent directorate directly responsible to the President Director and, functionally, to
the Board of Commissioners through the Audit Committee. As of 15 October 2022, the directorate made a change in
the number of audit divisions, from 6 (six) to 5 (five) divisions, in connection with the alignment to the management’s
directives regarding the vision, mission, and strategy of the Bank as well as the implementation to expand its control.
Following is the organizational structure effective as of 15 October 2022:
President Director Audit Committee
Head of Internal Audit
IT, Digital Wealth Management Audit
Operations
Credit Audit Banking & & Corporate Methodology, QA
Audit
Analytics Audit Functions Audit & Development
• Credit Audit Division • Wealth Management and Corporate
Responsible for the audit of all credit activities for Functions Audit Division
the Wholesale and Commercial business segments, Responsible for the audit of Wealth Management
including Cash Management and Trade Finance business and the corporate functions at the Head
services, as well as Retail Lending, Micro Business, Office (outside of Information Technology and
and Business Banking business segments. Operations directorates), including the Treasury
directorate.
• IT, Digital Banking and Analytics Audit
Division • Audit Methodology, Quality Assurance, and
Responsible for the audit of the Directorate of Development Division
Information Technology and Digital Banking Responsible for preparing the Annual Audit Plan,
(Jenius), as well as supporting other audit divisions developing audit methodology, reviewing the
in examining other directorates that utilize suitability of Internal Audit activities with applicable
technology support. Data Analytics is responsible standards, as well as improving the competence
for the continuous audit/off-site monitoring and of Internal Audit staff through mapping of effective
supporting other audit assignments through data training.
provision.
• Operations Audit Division DUTIES AND RESPONSIBILITIES
Responsible for the audit of the Operations
directorate, both at the Head Office and the branch The Internal Audit reports all results of the audit
offices implementation, including recommendations for
improvement to the President Director, the Audit
Committee, and the Board of Commissioners, with a
copy to the Director of Compliance. Periodically, the
356 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Good Corporate Governance
Internal Audit presents the audit results to the Board of INTERNAL AUDIT CHARTER
Directors and the Audit Committee, as well as provides
a summary of the audit results to the President Director, Duties and responsibilities, including the authorities
the Board of Directors, and the Audit Committee. of the Internal Audit in conducting audits, as well as
each of the employee’s code of ethics, are contained
Each year, the Internal Audit also prepares the risk- in the Internal Audit Charter, as approved by the
based Annual Audit Plan related to the Bank’s main Audit Committee and the Board of Commissioners.
activities. The Audit Plan is also discussed together Periodically, the Internal Audit reviews and aligns
with the related Director and Internal Audit Department the charter, policies, and procedures with applicable
of Sumitomo Mitsui Banking Corporation (SMBC) in provisions and standards.
connection with the audit collaboration plan to align
with the directives of the overall business development Implementation of activities and the Internal Audit
and to obtain the approval from the President Director, Charter refer to the Financial Services Authority
the Audit Committee and the Board of Commissioners. Regulation No.1/POJK.03/2019 regarding the
Implementation of the Internal Audit Function
Details of the general duties and responsibilities of the of Commercial Banks, International Practices of
Internal Audit are as follows: Professional Framework (IPPF), Internal Audit, as well as
1. Prepare a risk-based annual audit plan and the Annual Audit Plan.
obtain a review and approval from the President
Director, the Audit Committee, and the Board of
Commissioners. BASIS OF IMPLEMENTATION OF
2. Communicate the plan to the President Director INTERNAL AUDIT
and the Audit Committee if there are limited
resources that might affect the annual audit plan. Bank BTPN has the standards and methodologies for
3. Review and adjust the annual audit plan if there are conducting internal audits, as contained in the 2022
significant changes in the business, risk, operation, Internal Audit Policy. In general, this Internal Audit policy
program, system and control. Such changes must includes general policies, audit policies, documentation
acquire the approval of the President Director, the and administration policies, as well as resource policies.
Audit Committee, and the Board of Commissioners. These policies refer to applicable laws and regulations
4. Implement the approved annual audit plan by and best practices in the industrial sector, among
analyzing and evaluating the effectiveness of others, including the following:
Governance, Risk Management, and Internal 1. Financial Services Authority Regulation No. 1/
Control (GRC) to maximally support the Bank’s POJK.03/2019 on the Implementation of the
objectives and goals. Internal Audit Function for Commercial Banks.
5. Perform consultative audits/review of the Bank’s 2. Financial Services Authority Regulation No. 17 of
new initiatives/products if required by both the Year 2023 concerning Governance Implementation
management as well as regulators. For Commercial Banks.
6. Identify possibilities for improvement and increase 3. Financial Authority Regulation No. 18/
the efficiency in the use of resources. POJK.03/2014 on the Implementation of
7. Periodically submit audit reports to the President the Integrated Governance for Financial
Director and the Board of Commissioners through Conglomerates.
the Audit Committee, containing an overview of the 4. Financial Services Authority Regulation No. 45/
audit acitivities results, with a copy to the Director POJK.03/2020 on Financial Conglomeration.
of Compliance. 5. Financial Services Authority Regulation No.11/
8. Monitor and report the progress of the POJK.03/2022 on the Implementation of
implementation of the audit results follow-up to the Information Technology (IT) by Commercial Banks
President Director, the Board of Commissioners, and the Financial Services Authority Circular Letter
the Audit Committee and the Board of Directors. No.21/SEOJK.03/2017 on the Implementation
9. Ensure that Internal Audit function at the Bank of Risk Management in the Use of Information
and monitoring of the Internal Audit Function in Technology by Commerciala Banks.
subsidiaries are effectively running. 6. International Standards for the Professional
10. Work together with other internal control Practice of Internal Auditing (IPPF)
functions, including the external audit, to achieve
comprehensive audit results.
11. Prepare and review the Internal Audit charter,
policies, and procedures periodically.
2023 ANNUAL REPORT PT BANK BTPN Tbk 357
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Good Corporate Governance
INTERNAL AUDIT
WORK UNIT
HUMAN RESOURCES Total Employee
Professional Certification
with Certificate
Up until the end of the fiscal year 2023, the number
of manpower in the Internal Audit division totaled 59 ISC (International Cyber Security) 2
employees. ISO 27001: 2013 1
QIA (Qualified Internal Auditor) 5
Details of the Manpower Distribution
CBIA (Certified Bank Internal Audit) 18
SMR (Sertifikasi Manajemen Risiko) 57
Total
Dirctorate/Division
Manpower
Participation in Professional Association
Head of Internal Audit 1
Credit Audit 11
Number of
Professional Association
IT, Digital Banking and Data Analytics Audit 15 Employee Involved
Operations Audit 13
IIA (Institute of Internal Auditors) 6
Wealth Management and Corporate 13
Functions Audit ISACA (Information Systems Audit and 5
Control Association)
Audit Methodology, QA and Development 6
IAIB (Ikatan Auditor Intern Bank) All personnel of
Total 59 Internal Audit
QUALIFICATION AND CERTIFICATION IMPLEMENTATION OF ACTIVITIES IN
2023
Standard Qualification Internal Audit Manpower
Until December 2023, the Internal Audit has carried out
Position Minimum Qualification inspections which covered mandatory examinations in
accordance with regulations such as on Fund Transfer,
Head of Internal Risk Management Certificationv (SMR)
Audit Level 5, Professional Certification related to Regulatory Reporting (SCV and SLIK) and Internal
Internal Audit Capital Adequacy Assessment Process (ICAAP),
Audit Division Risk Management Certificationv (SMR) business segment and branch network as in Corporate
Head Level 3, Professional Certification related to & Wholesale Banking, Commercial Banking, Retal
Internal Audit
Banking (Wealth Management Business), Business
Audit Lead Risk Management Certificationv (SMR)
Level 2 Banking (Small Medium Enterprise (SME) and Consumer
Finance Business), Digital Banking (incuding the closing
Senior Auditor/ Risk Management Certificationv (SMR)
Auditor Level 1 of BTPN business Wow!), branch offices, as well as
support function which include Information Technology
(IT), Operations, Risk Management, Financial Control,
Ownership of Professional Certification Corporate Communications, Customer Experience
Management and Environment, Social & Governance
Total Employee (ESG). To support the fulfillment of international
Professional Certification
with Certificate
standards related to information security management
CIA (Certified Internal Auditor) 1 (ISO 27001) at Bank BTPN, Internal Audit has also
CISA (Certified Information Systems Auditor) 2 carried out inspection on the adequacy of the
information security management system, which is
CISM (Certified Information Security 1
Manager) supported by direction and assistance from external
CSX (Cyber Security Nexus) 1
consultants who are experienced in the implementing
ISO 27001.
CAMS (Certified Anti-Money Laundering 1
Specialist)
In addition, until the end of the year 2023, Internal Audit
CGRCP (Certified GRC Professional & Audit) 1
has also conducted a joint audit with Sumitomo Mitsui
IIAP (Indonesia Internal Auditor Practitioner) 1
Banking Corporation Department of Internal Audit Asia
Pacific (SMBC IADAP) for Corporate and Wholesale
358 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Good Corporate Governance
Banking activities (including Corporate/Wholesale and (every quarter). For an overall picture on the audit
Commercial activitis), Risk Management and Financial results for a particular period (semester/annual), every
Control. Inspection on Corporate and Wholesale semester Internal Audit submits an overview to the
Banking and Risk Management were completed in President Director, the Board of Directors and the
2023, while inspection on Financial Control began Audit Committee on existing potential opportunities for
in Quartr 4 of 2023 and estimated for completion improvement, to further strengthen internal control over
in Quarter 1 of 2024 or following the SMBC IADAP a business and other supporting functions.
fiscal year, in accordance with the 2023 Annual Audit
Plan which was approved by th President Director, In addition, Internal Audit has also met with OJK at least
Audit Committee and the Board of Commissioners in once in 1 year, on 7 December 2023, in line with the
November 2022. requirement setforth under POJK No. 1/POJK.03/2019.
In implementing integratd governance for the Bank
Furthermore, as a form of supervision by the parent Business Group (KUB), Internal Audit has periodically
company towards subsidiary companies, Internal Audit communicated between the Head of Internal Audit of
also completed the examination on the operational BTPN and the Head of Internal Audit of PT Bank BTPN
activities of a subsidiary (PT Bank BTPN Syariah Tbk), Syariah Tbk (monthly), carrying out supervision at PT
carried out jointly (joint audit) with the Internal Audit of Bank BTPN Syaria Tbk, and holding an annual meeting
PT Bank BTPN Syariah Tbk. In accordance with the between the Head of Internal Audit of BTPN, Head of
2023 Annual Audit Plan as approved by the President Internal Audit of PT Bank BTPN Syariah Tbk, and the
Director, the Audit Committee and the Board of Board of Commissioners of PT Bank BTPN Syariah
Commissioners in November 2022. Tbk, on 12 December 2023, in accordance with the
provisions of the Financial Services Authority (OJK).
The types of audit examination completed were the
mandatory audit (3 assignments), general audit (3 In the effort to maintain and ensure the implementation
ssignments, thematic audit (12 assignments), and quality of Internal Audit function, as well as referring to
branch audit (4 assignments, with rate of completion OJK Regulation No. 1/POJK.03/2019 on Implementation
of 100% from the approved audit plan. As previously of Internal Audit Function in Commercial Banks,
conveyed, 1 examination currently ongoing, namely thus, at least once in 3 (three) years, based on
Financial Control, is a joint audit with SMBC IADAP to recommendations of the Audit Committee, Internal Audit
be completed in accordance with the fiscal year term of appoints an independent assessor to review Internal
SMBC IADAP, namely by Quarter 1 of 2024. Audit activities. In 2022, Internal Audit appointed PT
RSM Indonesia Consultant as the independent party
Based on existing weakness/findings, the relevant responsible for reviewing against the final results which
business units/work units have carried out/have stated that Internal Audit activities in general have
followed-up plans for improvements which are “Generally Conform” with standards apliable both
monitored continuouosly by Internal Audit. against local regulations (POJK) as well as international
(IPPF). Results of the review were submitted to the
Aside from completing the 2023 Annual Audit Plan, Financial Service Authority on 30 August 2022 and
Internal Audit also performed consultative audit (11 the next review will carried out in 2025 by continuing
assignments) on pre- and post- implementation reviews to appoint independent, competent and experienced
of the development of electronic and digital banking public accountants.
services (Jenius, Business Access, TouchBiz, review
of pension payment mutations, and security reviews,
salary saver data. In addition, Internal Audit also carried INTERNAL AUDIT MEETING
out continuous monitoring/auditing (13 assignments)
which generally includes analysis of the quality of
customere data (accuracy and completeness), the Meeting with
fairness of customer and branch office transactions, Board of Board of Audit
Directors Commissioners Committee
as well as continuous audits related to the Financial
Information Services System (SLIK). Number of 6 2 4
Meeting
Internal Audit regularly provided updates on the audit
plan implementation, and follow-ups by business units/
work units on findings/recommendations of Internal
Audit to the Board of Directors, including the President
Director (every 2 months) and the Audit Committee
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Good Corporate Governance
INTERNAL AUDIT
WORK UNIT
TRAINING AND COMPETENCY DEVELOPMENT
Details of competency development participated by Internal Audit during the year 2023 are as follows
Number of
Training Period Type of Training Organizer
Participant
55 January-December 2023 Mandatory E-Learning Internal
55 January-December 2023 Online & Offline Class (training, workshop, sharing Internal & External
session)
2024 STRATEGIC PLAN 3. Continuous audit
The Internal Audit will continue to develop
To encourage the strengthening of the Internal Audit continuous audits that can assist the Bank in
team in carrying out its audit plans and employee implementing continuous monitoring that is not only
competency development, in line with the Bank’s focused on certain business lines but for the Bank
growth and several main initiatives, several matters have in general.
been planned or implemented as follows:
1. Audit knowledge and soft skills 4. Improvement in data analytics quality
• Continue to provide sessions to improve The Internal Audit team uses the Audit Command
comprehension on the Bank’s process/activities, Language (ACL) software as a data analysis tool
which are carried out through training, internal and will develop an ‘Internal Audit Dashboard’ to
and external certification programs, sharing on generate several information, such as performance
strategy development or business priorities, the of each business line, data anomalies, MRA, early
Bank’s business and product development, as warning, and other information of near real-time
well as updates on audit methodology. and that can be updated periodically. This will
• Continue training related to soft skills that assist the Internal Audit team in analyzing data in
support the implementation of field audits, order to improve the risk-based audit approach
such as communication skills, negotiation more effectively and provide value-added input for
skills, and others. the Bank.
• Conduct internal discussions, both within the
Internal Audit scope as well as those involving 5. Continuous improvement of sustainable
other relevant work units, on changes in Internal Audit quality
provisions and new regulations with significant The Internal Audit will continuously collaborate with
impact on the Bank. leading institutions in banking and internal auditing
that can provide insights, advice, and tools to boost
2. Increase the effectiveness of audit process enhancement in Internal Audit quality.
Internal Audit uses the Audit Management System
(AMS) to assist the Internal Audit team to be more As the SMBC Group mandates, the Internal Audit
effective in preparing, conducting and completing has also developed a methodology focusing on
audit assignments, as well as monitoring the follow risk assessment to audit all branch offices. This
–up on audit findings. Currently, Internal Audit is in methodology is formulated based on the Macro Risk
the process of replacing the existing AMS due to Assessment (MRA), which has been used and modified
unilateral termination of service by the previous AMS in accordance with the latest developments and
provider. The new AMS is planned to be implemented regulations and implemented in the 2022 audits.
in the first quarter of 2024. The replacement of AMS
is hoped to cover the development of a monitoring The Annual Audit Plan for 2023 is formulated and
system related to the fulfillment of follow-up on approved by the President Director, the Audit
external audit results as well as a reporting system Committee, and the Board of Commissioners in
that can assist reporting needs to the management, November 2023.
regulator and related external parties.
360 2023 ANNUAL REPORT PT BANK BTPN Tbk
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INTERNAL CONTROL
SYSTEM (SPI)
BTPN implements the internal control system as a form IMPLEMENTATION OF INTERNAL
of continuous supervision by the Bank’s management. CONTROL
The system is intended to ensure that all of the Bank’s
business activities are carried out in accordance with Finance
the provisions of the laws and regulations issued by Providing the Bank’s reliable financial reports is guided
the government, the Financial Services Authority, or the by an effective internal control system. The adequacy of
Bank’s internal policies and procedures. accounting policies, procedures, and standards that can
reflect current actual conditions, including distribution
The internal control system also plays a role in providing of duties, recording, and administration of transactions,
complete, accurate, effective, and timely financial and are control factors that can support the realization of
management information. This is carried out in the reliable and trustworthy financial reports.
context of the following:
1. To support accurate and accountable decision- Operations
making; The Board of Directors and the Board of Commissioners
2. To increase the effectiveness and efficiency of are obligated to improve the effectiveness of risk
the use of assets and other resources in other to culture and discipline within the Bank’s organization
protect the Bank from risk of loss; and ensure that such matter is embedded in all levels.
3. To increase the effectiveness of the risk culture Thus, this encourages the creation of sound and safe
and discipline throughout the Bank’s organization implementation of operational activities.
in general to identify weaknesses and assess
deviations as early as possible; and
4. To reassess the fairness of policies and procedures COMPLIANCE WITH THE LAW
that exist in the Bank on continuous basis.
The internal control system implemented by the Bank
The implementation of a reliable and effective internal refers to the Financial Services Authority (SEOJK)
control system is the responsibility of all parties involved Circular Letter No. 35/SEOJK.03/2017 on the Standard
within the Bank’s organization, including the following: Guidelines for Internal Control System in Commercial
1. The Board of Commissioners Banks. Aside from serving as guidelines in financial and
2. The Audit Committee operational control, implementing the Bank’s internal
3. The Board of Directors control also aims to maintain compliance with laws and
4. Compliance Work Unit regulations.
5. Risk Management Work Unit
6. Financial Work Unit
7. Internal Audit Work Unit
8. The Bank’s Officers and Employees
9. External Parties
2023 ANNUAL REPORT PT BANK BTPN Tbk 361
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Good Corporate Governance
INTERNAL CONTROL
SYSTEM (SPI)
COMPLIANCE WITH COSO 3. Control Activities and Segregation of Duties
Control activities must involve the Bank’s
The Bank’s internal control consists of 5 (five) main employees, including the Board of Directors and
components which they are inter-related, namely as the Board of Commissioners. Control activities will
follows: be effective if planned and implemented accurately
1. Management Oversight and Control Culture to control identified risks. Control activities include
Supervision by the management is the main establishing control policies and procedures and
foundation of the internal control system. The an early verification process to ensure consistent
Board of Directors and the Board of Commissioners compliance with policies and procedures. They are
are actively responsible for ensuring that the inseparable from every function or activity of the
established strategies, policies, and procedures, as Bank. Control activities are applied at all functional
well as the organizational structure, are adequate in levels in accordance with the Bank’s organizational
identifying, measuring, monitoring, and controlling structure.
the risks faced by the Bank. In addition, the Board
of Directors and the Board of Commissioners also The separation of functions is intended so that
periodically monitor and review the adequacy everyone at all levels of the organization does
and effectiveness of the internal control system not have the chance to commit and/or hide faults
implementation. or irregularities in implementing their duties and
responsibilities. The Bank must comply with the
The Board of Directors and the Board of principle of separation of function, known as
Commissioners are responsible for improving the “Four-Eyes Principle.” An effective internal
work ethics and integrity, as well as creating an control system requires the separation of
organizational culture emphasizing the importance functions. It avoids the provision of authorities and
of the internal control applied at the Bank. responsibilities that can lead to various conflicts of
interest. All aspects that are the potential to cause
2. Risk Recognition and Assessment a conflict of interest must be identified, managed,
Risk identification and assessment is a series of and monitored by an independent party, such as a
actions carried out by the Board of Directors to public accountant.
identify, analyze, and assess the risks faced by the
Bank in achieving its set targets. Risks that affect 4. Accounting, Information, and Communication
the achievement of the targets must be identified, System
assessed, monitored and managed continuously Adequate accounting, information and
and sustainably. Internal control needs to be communication systems aim at identifying
reviewed immediately if there are risks that have problems that may arise and are used as means
not been controlled. of exchanging information in carrying out duties, in
accordance with their respective responsibilities.
The review is conducted, among others, through
continuous evaluation of the effects of any changes
in the environment and conditions as well as the
impact of achieving targets or the effectiveness
of internal control in the Bank’s activities and
organization.
362 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Good Corporate Governance
5. Monitoring Activities and Correcting STATEMENT OF THE BOARD OF
Defficiencies DIRECTORS AND/OR THE BOARD OF
The Bank must carry out continuous monitoring COMMISSIONERS ON THE ADEQUACY
on the overall effectiveness of internal control THE INTERNAL CONTROL SYSTEM
implementation. Monitoring of the main risks must
be prioritized and become a part of the Bank’s The internal control system is conducted by the Board
activities, including periodic evaluation. The Bank of Directors, executive officers and committees, internal
must monitor and continuously evaluate the audit, and all employees. The Board of Commissioners
adequacy of the internal control system in relation and the Board of Directors are committed to ensuring
to changes in internal and external conditions, as the implementation of Good Corporate Governance as
well as increase the capacity of the internal control the basis for achieving the objective of protecting and
system so that it is always implemented effectively. increasing the value of the Bank.
Weakness or flaws in internal control must be The Board of Directors is responsible for implementing
immediately reported and brought to the attention effective internal control so that the Bank can achieve
of the authorized officer in charge and/or the Board its objectives. The Board of Commissioners, assisted by
of Directors. Material weaknesses in internal control the Audit Committee is responsible for supervising and
must be reported to the Board of Commissioners. ensuring that internal control is carried out extensively,
including policies related to internal control established
The five main components above are in line with the by the Board of Directors.
control components set out in the Internal Control
Integrated Framework developed by The Committee of The internal control system is designed to effectively
Sponsoring Organizations of The Treadway Commission manage and control risks, not to eliminate risks. The
(COSO), namely the Control Environment (CE); Risk following are the main elements that can support the
Assessment (RA); Control Activities (CA); Information statement on the adequacy of the internal control
and Communication (IC); and Monitoring Activities (MA). system:
1. Reliable and accurate financial reports;
2. Operational activities carried out effectively and
REVIEW ON THE IMPLEMENTATION OF efficiently;
THE INTERNAL CONTROL SYSTEM 3. Compliance with prevailing laws and regulations.
The Bank has a periodic review mechanism for the
implementation of the internal control system. This is
done by the Internal Audit, which prepares the analysis
and assessment of finance, accounting, operations,
and other activities through a direct and indirect audits.
Internal Audit proactively works with the External
Auditor to generate a comprehensive analysis and
assessment in finance and accounting. In general, the
implementation of the Bank’s internal control system
refers to the Financial Services Authority Circular
Letter No.35/SEOJK.03/2017 on the Implementation
Guidelines of Internal Control for Commercial Banks.
Adhering to these guidelines, the Bank enhances
the assessment of the audit results, which cover the
evaluation of the adequacy and effectiveness of the
design and implementation of internal control based on
the internal control framework approach.
2023 ANNUAL REPORT PT BANK BTPN Tbk 363
Page 366
Good Corporate Governance
IMPORTANT CASES FACED
BY SUBSIDIARIES, MEMBERS OF
THE BOARD OF COMMISSIONERS,
AND MEMBERS OF THE BOARD
OF DIRECTORS
Throughout the year 2023, there were no important cases that may effect the financial position or liquidity of Bank
BTPN.
ADMINSTRATIVE
SANCTIONS
Details of sanctions are described in the table below:
No. Sanction Recipient Authority Sanctions/Fines
1 Company 1. Financial Service Authority 78,550,000
(OJK)
2. Bank Indonesia (BI) 4,900,000
3. Ministry of Finance 40,775,691
2 Board of Directors - -
3 Board of Commissioners - -
364 2023 ANNUAL REPORT PT BANK BTPN Tbk
Page 367
Good Corporate Governance
ACCESS TO CORPORATE
INFORMATION AND DATA
BTPN provides access and convenience to access information regarding the Bank to the stakeholders through
various communication media. Among others are as follows:
Information Channel Address
Website (in Bahasa Indonesia and English) www.btpn.com
Call Center 1500300 (BTPN Care), +62 21 2450 5500 (International Call)
E-mail of Corporate Secretary corporate.secretary@btpn.com
E-mail of Corporate Communication corporate.communications@btpn.com
E-mail of Cutomer Complaint btpncare@btpn.com
Disclosure of Information through the Bank’s and Indonesia www.btpn.com dan www.idx.co.id
Stock Exchange’s website
Prss Release www.btpn.com dan distribusi melalui media
Social Media Facebook : Bank BTPN Official
Twitter : @sahabatBTPN
Youtube : BTPN
LinkedIn : PT Bank BTPN Tbk
Instagram : @lifeatbtpn
2023 ANNUAL REPORT PT BANK BTPN Tbk 365
Page 368
Good Corporate Governance
CODE OF
ETHICS
The code of ethics functions as guidelines for members 4. Information Management & Security
of the Board of Commissioners, the Board of Directors, 5. Relationship with Customers and Stakeholders
Independent Parties, and all employees in expressing 5.1. Relationship with Customers, Prospective
their attitudes and behavior. The Bank always reviews Customers and Users of Financial Services
the code of ethics gradually so that it adjusts to 5.2. Relationship with Vendors or Business
development in the laws and regulations, best practices Partner
in the industry, and relevant external conditions. 5.3. Relationship with Regulators
5.4. Relationship with Shareholders and
The moral principles underlined in the code of ethics are Subsidiaries
the main elements of the culture in Bank BTPN, which 5.5. Relationship with Social and Environmental
among others, contain the following: Communities
5.6. Anti- Money Laundering
5.7. Bribery and corruption
SPEAK YOUR MIND 5.8. Granting and Receipt of Entertainment
and Gift
It is a reporting channel that is safe and guaranteed 5.9. Insiders Information and Personal Account
confidentiality so that employees can disclose issues/ Dealing and Investment Transactions
problems related to improper behavior (misconduct) 5.10. Customer Protection
and/or fraud incident.
ENFORCEMENT OF THE CODE OF
COMMUNICATION LInK & HELP ETHICS
In communicating, all Bank BTPN employees are In line with efforts to implement good corporate
expected to use the LInK and HELP principles. LInK governance and, at the same time, to generate behavior
stands for Report, Inform and Consult, while HELP that conforms to the Bank’s ethical standards, Bank
stands for Respect, Evaluate, Do and Guide. Both have BTPN has implemented an Induction Program for
the purpose and benefit of promoting transparency, executives and new employees on the code of ethics.
timely updates, absence of surprise events that cannot Moreover, periodically, socialization of the code of
be handled together, upholding mutual trust and ethics is carried out to provide understanding for
enhancing reliability, benefiting from past wisdom and employees as well as provide strict sanction for any
experience. violation of the Code of Ethics.
Statement of the Code of Ethics
PRINCIPLES OF THE CODE OF ETHICS is Applicable to All Levels of the
Organization
1. Compliance & Risk Management Members of the Board of Directors, members of the
2. Conflict of Interest Board of Commissioners, Independent Parties under the
3. Creating Condusive Working Environment Board of Commissioners, and all employees, without
3.1. Fair Treatment of All Employees exception, are obliged to read, study, and understand
3.2. Anti-Discrimination and Harrassment the content of the code of conduct. All internal
3.3. Safety at Workplace organizations within the Bank must be willing to adhere
3.4. Use of Company Facilities to and implement the code of conduct as best possible.
3.5. Activities Outside of the Company
3.6. Use of social media Suppose one is proven to have violated the code of
3.7. LInK and HELP Communication conduct. In that case, the concerned must be willing
3.8. KYE Implementation to be subjected to sanctions in accordance with the
regulations applicable to the Bank.
366 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Good Corporate Governance
Socialization and Dissemination of the Code of Ethics
Socialization of the code of ethics is conducted through e-mail blasts and means of refreshment through the
e-learning system. This activity applies to all levels of the Bank’s organization, both newly joined and current
employees.
TYPES OF SANCTION FOR VIOLATIONS OF THE CODE OF ETHICS
The different types of violation regulated in the Collective Working Agreement are: Negligence of Disciplinary
Violations, Failure in Competency Violations, Repeated Failed Competency Violations, Minor Violations, Repeated
Violations, Major Violations in the Fraud Category.
Numbere of Violations of the Code of Ethics
Type of Violation Number of Violation Sanction Category
Negligence 26 Warning Letter 1
6 First & Last Warning Letter (SPPT)
20 Reprimand Letter
Major Violation in Fraud Category 2 Warning Letter 1
6 First & Last Warning Letter (SPPT)
Major Violation in General Category 1 Warning Letter 1
1 Warning Letter 2
7 First & Last Warning Letter (SPPT)
1 Reprimand Letter
Repeated Violation 5 Warning Letter 1
2 Warning Letter 2
1 Warning Letter 3
14 Reprimand Letter
Failed Competency Violation 64 Warning Letter 1
35 Warning Letter 2
16 Warning Letter 3
120 Reprimand Letter
Indisciplinary Violation 2 Reprimand Letter
Minonr Violation 18 Warning Letter 1
2 Warning Letter 2
1 First & Last Warning Letter (SPPT)
9 Reprimand Letter
Repeated Failed Competency Violation 6 Warning Letter 1
7 Warning Letter 2
5 Warning Letter 3
2023 ANNUAL REPORT PT BANK BTPN Tbk 367
Page 370
Good Corporate Governance
PRICE SENSITIVE INFORMATION
PERSONAL ACCOUNT DEALING
The Bank has policies and procedures related to the management of information that has a material impact on the
price or value of a security that is not generally available (confidential/non-public), which applies to the Board of
Commissioners, Directors and employees.
This treatment covers not only the Bank’s own marketable securities, but also securities of the parent company
or controlling shareholder, as well as other companies whether they are customers, business partners or other
companies in a corporate action.
Actions to be taken by the Board of Commissioners, the Board of Directors and employees with an object-based
approach to securities are as follows:
Types of Securities Approach taken
Object of Securities containing non-public information (PSI) Actions taken with respect to Private Investment/Property (PAD)
• SMFG Prohibited from buying and selling SMFG and SMBC securities, except
• SMBC under the Company order.
• BTPN Take into account the categories of Covered Parties who have access
• BTPN Syariah to non-public information (Covered Person) and within a certain period
(Black Out Period).
Others Company Carrying out the PSI procedure includes reporting the name of the
company as well as employees who have access, hence being bound
by the PSI for a certain period until the PSI is revoked.
Companies involved in a project should have the parties involved sign
an NDA.
GOVERNANCE IN PROCUREMENT
OF GOODS AND SERVICES
Procurement of goods and/or services in the Bank PROCUREMENT MECHANISM
is an activity to obtain goods and/or services. The
process starts from planning the needs to completing all Procurement of corporate goods and/or services
activities to obtain the goods and/or services. is centralized at the Head Office. Meanwhile, the
procurement of general goods and/or services with a
certain limit may be conducted by the Branch Office or
PROCUREMENT PRINCIPLE Regional Office.
The applied principles in the procurement of goods and
services are characteristic effective, efficient, open,
transparent, competitive, fair, and accountable.
368 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Good Corporate Governance
REPORTING
OF VIOLATIONS SYSTEM
Bank BTPN is committed to always maintaining the 3. Documentation (Reports on fraud indication, Report
integrity and trust provided by customers. For this on Investigation Results); and
purpose, the Bank retains the means and system 4. Maintain confidentiality (all parties are responsible
for submitting reports if violations occur, namely the for maintaining the confidentiality of the identity of
Whistleblowing System. the whistleblowers).
BTPN’s Whistleblowing System is a reporting media
to convey allegations or incidents related to fraudulent PROTECTION OF THE
acts (fraud), violations of the law, company regulations, WHISTLEBLOWER
and code of ethics, as well as conflicts of interest
committed by the Bank’s internal parties. Reports are Under certain conditions, the Bank may provide legal
made in good faith and are not of personal grievances protection to the whistleblower as a form of security
or slander in order to create a clean and transparent and safety against all forms of pressure, threats, or
business environment. intimidation (such as dismissal, unfair treatment, and
others) in relation to the report submitted through
the whistleblowing channel. Legal protection can be
REPORTING MECHANISM provided to the nuclear family of the whistleblower
(husband/wife and children) with certain considerations
The Bank has 5 (five) whistleblowing channels that by the Bank.
may be accessed by the intern and external parties to
convey their reports, namely through WhatsApp, e-mail,
hotline telephone line, mail, and face-to-face. COMPLAINT MANAGER
The mechanism of whistleblowing reporting is generally The Operational Risk & Anti-Fraud Management Division
as follows: is the responsible unit in charge of managing complaints
1. Reporting by the Whistleblower (submission of from whistleblowers including in following up with
reports/information must be within 1x24 hours related work units as well as conducting monitoring of
since the discovery of the alleged/act of fraud); the follow-ups.
2. Follow-Up on the Report (Identification, analysis,
investigation);
TYPES OF SANCTIONS FOR VIOLATORS
Violation of confidentiality and protection will be subject
to sanctions that are in accordance with applicable
regulations.
Handling of Complaints and Follow-Up in 2023
Status
Number of Complaint Not Yet Processed with Not Required to
Followed-Up In Follow-Up Process
Follow-Up Follow-Up
42 41 1 - -
2023 ANNUAL REPORT PT BANK BTPN Tbk 369
Page 372
Good Corporate Governance
POLICY ON ANTI-CORRUPTION
AND BRIBERY
In implementation of the Anti-Bribery and Corruption 2. Management of extending and receiving
commitment, the Bank has issued the inaugural edition Entertainment or Gifts
of the Anti-Bribery and Corruption Policy with issuance 3. Set clauses on agreement with third parties/service
number K.003/DIR/CCMP/00/2023 which has been providers
socialized to all units and published on the internal Bank 4. Procurement process of goods and services by
web portal. vendors
5. Employee Recruitment Process /Know Your
The objectives of issuing the Anti-Bribery and Employee
Corruption Policy are essentially as follows: 6. Implementation of due diligence on Business
1. As a form of principle statement and Bank Partners
commitment in supporting anti-bribery and anti- 7. And others
corruption practices;
2. To establish policies, provide guidance, and raise The Bank has requested a statement and commitment
awareness of anti-bribery and anti-corruption from all employees not to commit corruption and bribery
practices, thus preventing and avoiding the and not to violate the company’s internal regulations.
intended bribery and corruption practices that can Likewise, applicable laws and regulations related to
cause financial and non-financial losses that may anti-corruption and anti-bribery are listed in the Anti-
disrupt the Bank’s business continuity; Fraud Declaration & Integrity Pact and Code of Ethics
3. To provide information and guidance to parties as well as the yearly Declaration of Compliance.
working for and on behalf of the Bank to recognize
and report bribery and corruption issues related to In relation to anti-bribery/gratification prevention,
the Bank. the Bank already has on-hand the Entertainment
Gift (E&G) application system that can be used as
Bank BTPN has zero tolerance for acts of corruption a monitoring and supervising tool in giving and
and all forms of bribery (including to or from receiving entertainment or gifts based on data input
customers, business partners, government officials, or declarations from employees. Related units, in
and employees). Violations of such matters may be coordination with the Compliance Division, will check
processed as a civil or criminal act in accordance with the activity in the E&G application system according to
prevailing provisions. the set schedule.
The Bank has also provided a Whistleblowing channel
PROGRAMS AND PROCEDURES TO managed by the Operational Fraud & Risk Management
MANAGE/SOLVE PRACTICES OF Division to receive reports of Fraud indications including
CORRUPTION AND BRIBERY Corruption and Bribery and evaluate them as follow-up
steps.
The Bank has an Anti-Bribery and Corruption Policy
that includes the Bank’s commitment to anti-corruption
and anti-bribery actions. Furthermore, each work unit TRAINING/SOCILAIZATION ON ANTI-
can establish specific provisions in its procedures to CORRUPTION AND ANTI-BRIBERY FOR
prevent corruption and bribery actions according to its ALL EMPLOYEES
respective fields of work, including:
1. Fraud prevention in process of identifying The Bank has conducted e-learning, directly or
vulnerability/Fraud Risk Assessment indirectly, which contains materials on how to
implement an anti-corruption and anti-bribery culture to
all employees, including:
1. e-Learning Compliance Awareness
2. e-Learning Entertainment & Gifts
3. e-Learning Fraud Awareness
4. e-Learning Operational Risk Management
370 2023 ANNUAL REPORT PT BANK BTPN Tbk
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Good Corporate Governance
The Bank has also conducted anti-corruption and anti-bribery publications/campaigns related to fraud, extending,
and/or receiving entertainment/gifts. This is done through electronic media (email) to all employees.
The Bank has also conducted communication to increase understanding of anti-bribery and corruption to external
parties of the Bank by sending reminders of Anti-Bribery and Corruption signed by members of the Board of Directors
to Suppliers and Business Partners registered in the relevant Division at the Bank which also contains information
about the Bank’s Whistleblowing channel.
TRANSPARENCY IN BAD
GOVERNANCE PRACTICES
Disclosure Explanation
Timeliness in publication of financial statements and Annual Report
Date of publication of Annual Financial Statements 24 February 2023
The Company published the Annual Financial Statements on time as
stipulated by regulation.
Date of publication of Annual Report 21 March 2023
The Company published the Annual Reports consistently on time as
stipulated by regulation.
Opinion of independent auditor on the company financial statements Fair without modification
Has there been insider trading involving directors/commissioners, No
management and employees in the lat three year?
Company, including the Board of Commissioners/the Board of
Commissioners, Management and employees have never been
involved in insider trading case within the last 3 (three) years.
Have there been any significant or matrial cases of non-compliance No
with the laws, rules and regulations relating to related party
transaction in the last three years? The Company has always comply with provisions of the laws and
regulations in transactions with related parties.
Has there been violation of any law relating to labor/employment/ No
consumer/insolvency/commercial/ competition or environmental
matters The Company has never committed any violation of the law relating
to labor/employment/consumer/ insolvency/commercial/ competition
or environmental matters
Is the Company facing sanctions from regulator for not making an No
announcement within the specified time period for a material event?
The Company always discloses material information to regulators.
Has the company obtained a conviction from the highest tax court No
regarding any tax matters during the last three years?
Company has never experience any tax dispute or problem in the
last 3 (three) years.
Is there any evidence that the company did not comply with No
any listing rules and regulations during the past year other than
disclosure rules? The Company has complied with all regulations including those
outside the Annual Report disclosure rules.
2023 ANNUAL REPORT PT BANK BTPN Tbk 371
Page 374
Page 375
SOCIAL AND
ENVIRONMENTAL
RESPONSIBILITY
PT BANK BTPN Tbk presents information on social
and environmental responsibility in the form of a
Sustainability Report in a separate book. The report,
in accordance with the Circular Letter of the Financial
Services Authority (OJK) No. 16/SEOJK.04/2021
concerning the Form and Content of the Annual Report
of Issuers or Public Companies, which refers to OJK
Regulation Number 51/POJK.03/2017 concerning the
Implementation of Sustainable Finance for Financial
Services Institutions, Issuers and Public Companies.
Please refer to the BTPN 2022 Sustainability Report for
more detailed information. What is presented on this
page is only “Sustainability Overview”.
Page 376
HIGHLIGHTS
OF SUSTAINABILITY
ECONOMY
Net Operating Income* Net Profit* Assets*
(in Trillion Rupiah) (in Trillion Rupiah) (in Trillion Rupiah)
4.66 3.63 209.17
4.01 3.10
3.46 201.45
2.68
191.92
2021 2022 2023 2021 2022 2023 2021 2022 2023
Customers* Branch Network Access
(in Million) (Branches) (Provinces)
11.7 419 33
9.5 32 32
8.8
278
266
2021 2022 2023 2021 2022 2023 2021 2022 2023
Economic Performance Related to Sustainability
Nominal Portfolio of KKUB** Funding*** Financing****
(in Million Rupiah) (%) (%)
13,774,741 0.20 10
9.6
12,968,409 9.5
12,029,029 0.11
0.06
2021 2022 2023 2021 2022 2023 2021 2022 2023
Notes:
* Consolidated financial data of Bank BTPN, which includes two other subsidiaries, PT Bank BTPN Syariah Tbk (with 70% shareholding) and PT Bank Syariah Ventura (with 69.3%
indirect ownership through PT Bank BTPN Syariah).
** KKUB: Kategori Kegiatan Usaha Berkelanjutan/ Sustainable Business Activities Category.
*** Percentage of total funding for sustainable business activities with total bank wide funding.
**** Percentage of total financing for sustainable business activities with total bank wide financing portfolio.
Page 377
SOCIAL
Number of Employees Percentage of Female Employee Recruitment
(Employees) Employees (Employees)
(%)
7,129 6,972 6,636 42 43 44 776 948 609
2021 2022 2023 2021 2022 2023 2021 2022 2023
Turnover Rate Employee Engagement
(%) Survey Score
11 14 12 3.97 4.06 4.11
2021 2022 2023 2021 2022 2023
ENVIRONMENT
Energy Usage Energy Intensity Emissions (Scope 1 & 2) Emissions Intensity
(GJ) (GJ/Person) (Ton CO2eq) (Ton CO2eq/Employee)
108,768.90 15.26 20,136.97 2.85
19,248.79
14.86 18,944.79 2.82
103,623.52
2.76
10.27
68,144.81
2021 2022 2023 2021 2022 2023 2021 2022 2023 2021 2022 2023
Emissions Reduction Paper Usage Reduction in Paper
(Ton CO2eq) (Reams) Usage
(Reams)
2,923 57,009 6,161
50,848 49,204
3,889
888 1,644
304
2021 2022 2023 2021 2022 2023 2021 2022 2023
Page 378
RISK MANAGEMENT
IMPLEMENTATION REPORT
FOR OPERATIONAL RISK
Name of Bank : BTPN (Individual)
Reporting Year : 2023 /(Audited)
1 Explanation of regulations, policies and/or 2 Explanation of the structure and organization
guidelines related to risk management for of management and control function related
Operational Risk. to Operational Risk.
BTPN (hereinafter referred to as “Bank”) has policies Bank using 3 lines of defense model to divide the role
and procedures for operational risk management. and responsibilities of each party within the Bank’s
These policies and procedures are reviewed organization for the implementation of Operational Risk
periodically with consider any changes in Bank’s Management.
internal and external factors, especially related to
regulatory requirement. All work units in Bank must be In the first line of defense, all business and support
guided by these policies and procedures in carrying functions work unit as risk owners who are directly
out their daily operational activities. responsible for the implementation of operational risk
management. In its implementation, the work unit is
Policies and procedures related for Operational Risk supported by Business Risk. Besides supported by
Management are: Business Risk, at the operational level Bank has ICR
• Operational Risk Management Policy (Internal Control & Risk) function that responsible
• Business Continuity Management Policy to support related work unit in managing their daily
• Insurance Management Policy operational risk.
• Information Security Management Policy
• Key Control Self-Assessment (KCSA) procedure The role and responsibilities of business and support
• Key Risk Indicator (KRI) procedure functions work unit are:
• Event Registration and Booking of Operational • Identify and register all operational inherent risks
Risk (RLED) procedure in each product, service, process, and initiative.
• Significant Incident Notification Protocol (SINP) • Record risk events and book operational risk
procedure losses and recovery.
• Operational & Fraud Risk Assessment (KROF) • Follow-up action for operational and fraud risk
procedure events and its completion.
• Internal Control and Risk (ICR) implementation • Carry out all operational risk management
procedure program that has determined by OFRM Division.
• Risk Grading Matrix (RGM) and Process Risk
Control (PRC) procedure The role and responsibilities of the ICR (Internal
• Operational Risk Appetite (ORA) procedure Control & Risk) function are:
• Risk Acceptance (RA) Procedure • Act as coordinator in the implementation and
• Information Management and Security (POS) completion of operational risk management
procedure implementation programs in their respective
• Risk Control Meeting (RCM) procedure areas.
• Business Impact Analysis (BIA) and Business • Assist work units in providing operational risk
Continuity Plan (BCP) procedure review.
• Incident Management Plan (IMP) procedure • Assist work units in issue resolution or operational
• Initiative Management procedure risk events.
• 2nd LoD Roles and responsibilities procedure • Conduct inspections and report each finding to
• Anti Fraud Strategy procedure the relevant parties.
• Investigation procedure • Monitor follow-up action and resolution of each
• Whistleblowing procedure identified finding.
• Fraud Reporting and Monitoring Procedure
376 2023 ANNUAL REPORT PT BANK BTPN Tbk
Page 379
In the second line of defense, is Operational & Fraud 3 Explanation of the measurement system
Risk Management (OFRM) Division which has direct for Operational Risk (covering system and
reporting line to the Head of Risk Management, data used to calculate Operational Risk to
responsible for operational and fraud risk estimate the capital charge for Operational
management.
Risk).
Bank calculates capital charges for operational risk
The roles and responsibilities of the OFRM Division
using standardized approach starting year 2023
are:
in accordance with regulatory requirement. Bank
• Create and develop operational and fraud risk
has RWA (Risk Weighted Asset) system to support
management policies, procedures and tools.
in calculating capital charges for operational risk.
• Create operational and fraud risk management
Based on existing data sources, the RWA system
implementation programs.
will automatically calculate the capital charges for
• Provide socialization and training on operational
operational risk based on formula determined by the
and fraud risk management to work units.
regulator based on business indicator components and
• Support work units in providing operational and
historical operational risk loss data. The calculation
fraud risk review.
result from the system can also be adjusted manually if
• Create operational and fraud risk report to
necessary.
management and regulator.
• Monitoring the implementation of operational and
4 Explanation of the scope and main coverage
fraud risk management in Bank.
• Create and develop ICRS (Internal Risk &
of the reporting framework for Operational
Control system) as application used to manage Risk for executive officers and directors of
operational risk in Bank. the Bank.
Bank already has reports intended for Bank’s
In the third line of defense, is Internal Audit to executive officers (Board of Management) and
conduct inspection and evaluation of governance Directors in monitoring operational risk both at Bank
and implementation of operational risk management. level and in the respective Directorates.
Examination is carried out on the first line of defense
and the second line of defense. At Bank level, operational risk reports will be
submitted to the Directors and Executive Officers
The Board of Commissioners and Directors supervise through the Risk Management Committee and to
the implementation of Operational Risk Management Board of Commissioners through the Risk Monitoring
through the Risk Monitoring Committee and Risk Committee. At the directorate level, operational risk
Management Committee which are conducted reports will be submitted to the Directors and relevant
regularly. executive officers through the quarterly RCM (Risk
Control Meeting).
The roles and responsibilities of the Board of
Commissioners are: Operational risk report submitted to Directors and
• Evaluate and approve policies and strategic plans Executive Officers but not limited to are:
for the implementation of operational and fraud • Operational Risk Appetite (ORA)
risk management. • operational risk and fraud event
• Monitor Operational Risk Appetite. • Key Risk Indicators (KRI)
• Provide direction on the implementation of • Results of Key Control Self-Assessment (KCSA)
operational and fraud risk management. implementation
The roles and responsibilities of Directors are:
• Ensure the adequacy of the organizational
structure and human resource for the
implementation of operational risk management in
their respective areas.
• Ensure the implementation of operational risk
management program has been carried out.
• Monitor and ensure follow-up resolution of any
operational issues or risk event and fraud event.
• Develop awareness culture of operational and
fraud risk.
2023 ANNUAL REPORT PT BANK BTPN Tbk 377
Page 380
RISK MANAGEMENT IMPLEMENTATION REPORT
FOR OPERATIONAL RISK
5 Explanation of risk mitigation and risk In term of risk mitigation and risk transfer for
transfer used in management for Operational Operational Risk Management, Bank has several risk
Risk. This includes mitigation by issuing control methods that are carried out at ongoing basis
policies (such as policies for risk culture, to ensure that every potential operational risk arising
from business and operational activities is managed
risk acceptance, and outsourcing), by
appropriately and does not exceed the acceptable
divesting high-risk businesses, and by
limits.
establishing control functions. The remaining
exposure can be absorbed by the Bank or Several of risk mitigation and risk transfer method
for risk transfer. For example, the impact used are:
of operational losses can be mitigated by • Identify and measure operational inherent risks in
insurance. all work units.
In term of risk mitigation and risk transfer for • Conduct operational risk reiew on new and
Operational Risk Management, Bank has several risk developed products, services, systems and
control method that are carried out at ongoing basis activities before being implemented to ensure
to ensure that every potential operational risk arising adequate controls.
from business and operational activities is managed • Ensure adequate policies and procedures to carry
appropriately and does not exceed the acceptable out every process and activity carried out in all
limits. business work units and supporting functions.
• Conduct ongoing evaluations to assess the
effectiveness of control adequacy and record and
correct any deviations that occurs.
• Conduct analysis in terms of risk transfer to
transfer potential operational risks that may
occur to other parties, such as through insurance
protection.
• Ensure the readiness of Business Continuity
Management (BCM) for all critical work units.
378 2023 ANNUAL REPORT PT BANK BTPN Tbk
Page 381
Name of Bank : BTPN (Consolidation)
Reporting Year : 2023 /(Audited)
1 Explanation of regulations, policies and/or • Key Risk Indicator (KRI) procedure
guidelines related to risk management for • Operational Risk Event Management Procedure
Operational Risk. • Quality Assurance (QA) Framework Procedure
BTPN (hereinafter referred to as “Bank”) and BTPN • Anti Fraud Strategy Procedure
Syariah (hereinafter referred to as “BTPNS”) as • Investigation Procedure
subsidiaries have policies and procedures for • Whistleblowing Procedure
operational risk management. These policies and
procedures are reviewed periodically with consider any 2 Explanation of the structure and organization
changes in Bank and BTPNS’s internal and external of management and control function related
factors, especially related to to regulatory requirement. to Operational Risk.
All work units in Bank and BTPNS must be guided Bank using 3 lines of defense model to divide the role
by these policies and procedures in carrying out their and responsibilities of each party within the Bank’s
daily operational activities. organization for the implementation of Operational Risk
Management.
Policies and procedures related for Operational Risk
Management are: In the first line of defense, all business and support
• Operational Risk Management Policy functions work unit as risk owners who are directly
• Business Continuity Management Policy responsible for the implementation of operational risk
• Insurance Management Policy management. In its implementation, the work unit is
• Information Security Management Policy supported by Business Risk. Besides supported by
• Key Control Self-Assessment (KCSA) procedure Business Risk, at the operational level Bank has ICR
• Key Risk Indicator (KRI) procedure (Internal Control & Risk) function that responsible
• Event Registration and Booking of Operational to support related work unit in managing their daily
Risk (RLED) procedure operational risk.
• Significant Incident Notification Protocol (SINP)
procedure The role and responsibilities of business and support
• Operational & Fraud Risk Assessment (KROF) functions work unit are:
procedure • Identify and register all operational inherent risks
• Internal Control and Risk (ICR) implementation in each product, service, process, and initiative.
procedure • Record risk events and book operational risk
• Risk Grading Matrix (RGM) and Process Risk losses and recovery.
Control (PRC) procedure • Follow-up action for operational and fraud risk
• Operational Risk Appetite (ORA) procedure events and its completion.
• Risk Acceptance (RA) Procedure • Carry out all operational risk management
• Information Management and Security (POS) program that has determined by OFRM Division.
procedure
• Risk Control Meeting (RCM) procedure The role and responsibilities of the ICR (Internal
• Business Impact Analysis (BIA) and Business Control & Risk) function are:
Continuity Plan (BCP) procedure • Act as coordinator in the implementation and
• Incident Management Plan (IMP) procedure completion of operational risk management
• Initiative Management procedure implementation programs in their respective
• 2nd LoD Roles and responsibilities procedure areas.
• Anti Fraud Strategy procedure • Assist work units in providing operational risk
• Investigation procedure review.
• Whistleblowing procedure • Assist work units in issue resolution or operational
• Fraud Reporting and Monitoring Procedure risk events.
• Conduct inspections and report each finding to
Policies and procedures related to Operational Risk the relevant parties.
Management in BTPNS are: • Monitor follow-up action and resolution of each
• Operational Risk Management Policy identified finding.
• Business Continuity Management Policy
• Anti Fraud Strategy Policy
• Business Continuity Management Procedures
• Business Impact Analysis Procedure
• Business Continuity Plan procedure
• Key Control Self-Assessment (KCSA) Procedure
2023 ANNUAL REPORT PT BANK BTPN Tbk 379
Page 382
RISK MANAGEMENT IMPLEMENTATION REPORT
FOR OPERATIONAL RISK
In the second line of defense, is Operational & Fraud The roles and responsibilities of Directors are:
Risk Management (OFRM) Division which has direct • Ensure the adequacy of the organizational
reporting line to the Head of Risk Management, structure and human resource for the
responsible for operational and fraud risk implementation of operational risk management in
management. their respective areas.
• Ensure the implementation of operational risk
The roles and responsibilities of the OFRM Division management program has been carried out.
are: • Monitor and ensure follow-up resolution of any
• Create and develop operational and fraud risk operational issues or risk event and fraud event.
management policies, procedures and tools. • Develop awareness culture of operational and
• Create operational and fraud risk management fraud risk.
implementation programs.
• Provide socialization and training on operational Similar with Bank, the adequacy of the structure and
and fraud risk management to work units. organization of management and control functions
• Support work units in providing operational and related to Operational Risk at BTPNS is carried out
fraud risk review. by separating the roles and responsibilities of work
• Create operational and fraud risk report to units by implementing the 3 line of defense model,
management and regulator. namely: (First line of defense) units business work and
• Monitoring the implementation of operational and support functions together with the Quality Assurance
fraud risk management in Bank. (QA) function ensure that activities are carried out
• Create and develop ICRS (Internal Risk & in accordance with Bank policies and procedures.
Control system) as application used to manage (Second line of defense), the Risk Management Work
operational risk in Bank. Unit (SKMR) carries out maintenance of the operational
risk management methodology and ensures that
In the third line of defense, is Internal Audit to BTPNS activities comply with regulatory provisions
conduct inspection and evaluation of governance including compliance with sharia principles. (Third line
and implementation of operational risk management. of defense), Internal Audit ensures that all remaining
Examination is carried out on the first line of defense risks (residual risks) are managed properly according
and the second line of defense. to risk appetite & risk tolerance.
The Board of Commissioners and Directors supervise 3 Explanation of the measurement system
the implementation of Operational Risk Management for Operational Risk (covering system and
through the Risk Monitoring Committee and Risk data used to calculate Operational Risk to
Management Committee which are conducted estimate the capital charge for Operational
regularly.
Risk).
Bank calculates capital charges for operational risk
The roles and responsibilities of the Board of
using standardized approach starting year 2023
Commissioners are:
in accordance with regulatory requirement. Bank
• Evaluate and approve policies and strategic plans
has RWA (Risk Weighted Asset) system to support
for the implementation of operational and fraud
in calculating capital charges for operational risk.
risk management.
Based on existing data sources, the RWA system
• Monitor Operational Risk Appetite.
will automatically calculate the capital charges for
• Provide direction on the implementation of
operational risk based on formula determined by the
operational and fraud risk management.
regulator based on business indicator components and
historical operational risk loss data. The calculation
result from the system can also be adjusted manually if
necessary.
380 2023 ANNUAL REPORT PT BANK BTPN Tbk
Page 383
BTPNS as Sharia Bank, in accordance with OJK 5 Explanation of risk mitigation and risk
regulations is still calculating capital charges for transfer used in management for Operational
operational risks using the Basic Indicator Approach. Risk. This includes mitigation by issuing
In the case of the need to calculate capital costs on policies (such as policies for risk culture,
a consolidated basis, the Bank will request business
risk acceptance, and outsourcing), by
indicator data and historical operational risk loss data
divesting high-risk businesses, and by
from BTPNS.
establishing control functions. The remaining
4 Explanation of the scope and main coverage exposure can be absorbed by the Bank or
of the reporting framework for Operational for risk transfer. For example, the impact
Risk for executive officers and directors of of operational losses can be mitigated by
the Bank. insurance.
In term of risk mitigation and risk transfer for
Bank has reports intended for Bank’s executive
Operational Risk Management, Bank has several risk
officers (Board of Management) and Directors in
control methods that are carried out at ongoing basis
monitoring operational risk both at Bank level and in
to ensure that every potential operational risk arising
the respective Directorates.
from business and operational activities is managed
appropriately and does not exceed the acceptable
At Bank level, operational risk reports will be
limits.
submitted to the Directors and Executive Officers
through the Risk Management Committee and to
Several of risk mitigation and risk transfer method
Board of Commissioners through the Risk Monitoring
used are:
Committee. At the directorate level, operational risk
• Identify and measure operational inherent risks in
reports will be submitted to the Directors and relevant
all work units.
executive officers through the quarterly RCM (Risk
• Conduct operational risk reiew on new and
Control Meeting).
developed products, services, systems and
activities before being implemented to ensure
Operational risk report submitted to Directors and
adequate controls.
Executive Officers but not limited to are:
• Ensure adequate policies and procedures to carry
• Operational Risk Appetite (ORA)
out every process and activity carried out in all
• operational risk and fraud event
business work units and supporting functions.
• Key Risk Indicators (KRI)
• Conduct ongoing evaluations to assess the
• Results of Key Control Self-Assessment (KCSA)
effectiveness of control adequacy and record and
implementation
correct any deviations that occurs.
• Conduct analysis in terms of risk transfer to
BTPNS also has reports intended for Bank’s executive
transfer potential operational risks that may
officers and Directors in monitoring operational risk.
occur to other parties, such as through insurance
The data source used for preparing reports has
protection.
been supported by the ORMS (Operational Risk
• Ensure the readiness of Business Continuity
Management System) application as database for
Management (BCM) for all critical work units.
recording operational risk events.
2023 ANNUAL REPORT PT BANK BTPN Tbk 381
Page 384
Page 385
2023 FINANCIAL STATEMENTS
Page 386
PT BANK BTPN Tbk DAN ENTITAS ANAK/AND SUBSIDIARIES LAPORAN KEUANGAN KONSOLIDASIAN/ CONSOLIDATED FINANCIAL STATEMENTS TAHUN BERAKHIR 31 DESEMBER 2023/ YEAR ENDED 31 DECEMBER 2023
Page 387
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
HAL/
ISI PAGE CONTENTS
PERNYATAAN DIREKSI DIRECTORS’ STATEMENT
LAPORAN KEUANGAN KONSOLIDASIAN CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2023: YEAR ENDED 31 DECEMBER 2023:
LAPORAN POSISI KEUANGAN CONSOLIDATED STATEMENTS OF
KONSOLIDASIAN ------------------------------------------ 1-4 ---------------------------- FINANCIAL POSITION
LAPORAN LABA RUGI DAN PENGHASILAN CONSOLIDATED STATEMENTS OF
KOMPREHENSIF LAIN PROFIT OR LOSS AND OTHER
KONSOLIDASIAN ----------------------------------------- 5-6 ------------------- COMPREHENSIVE INCOME
LAPORAN PERUBAHAN EKUITAS CONSOLIDATED STATEMENTS OF
KONSOLIDASIAN ----------------------------------------- 7-8 ---------------------------- CHANGES IN EQUITY
LAPORAN ARUS KAS CONSOLIDATED STATEMENTS OF
KONSOLIDASIAN ----------------------------------------- 9 - 10 --------------------------------------- CASH FLOWS
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN ---------------------------------------- 11 - 213 ---------------------- FINANCIAL STATEMENTS
INFORMASI KEUANGAN SUPPLEMENTARY FINANCIAL
TAMBAHAN ----------------------------------------------- 214 - 222 ------------------------------------------ INFORMATION
LAPORAN AUDITOR INDEPENDEN INDEPENDENT AUDITORS’ REPORT
Page 388
Page 389
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
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/ 31 Desember/December
Notes 2023 2022
ASET ASSETS
Kas 2h, 4 1,428,683) 1,747,461) Cash
Giro pada Bank Indonesia 2h, 2j, 5 9,276,598) 10,215,350) Current accounts with Bank Indonesia
Giro pada bank-bank lain: Current accounts with other banks
- Pihak ketiga 500,326) 1,549,854) Third parties -
- Pihak berelasi 2g, 36 462,061) 639,707) Related parties -
Dikurangi: Cadangan kerugian penurunan Less: Allowance for impairment
nilai 2i (158) (415) losses
2h, 2j, 6 962,229) 2,189,146)
Penempatan pada Bank Indonesia Placements with Bank Indonesia
dan bank-bank lain 8,961,654) 21,885,214) and other banks
Pendapatan bunga/marjin yang masih akan
diterima 2,624) 2,851) Accrued interest/margin income
Dikurangi: Cadangan kerugian penurunan Less: Allowance for impairment
nilai 2i -) (171) losses
2h, 2k, 7 8,964,278) 21,887,894)
Efek-efek Securities
- Pihak ketiga 17,038,501) 18,650,367) Third parties -
- Pihak berelasi 2g, 36 -) 185,510) Related parties -
Pendapatan bunga/marjin yang masih akan
diterima 225,855) 214,812) Accrued interest/margin income
Dikurangi: Cadangan kerugian penurunan Less: Allowance for impairment
nilai 2i (799) (999) losses
2h, 2l, 8 17,263,557) 19,049,690)
Tagihan derivatif Derivative receivables
- Pihak ketiga 636,924) 1,131,664) Third parties -
- Pihak berelasi 2g,36 496,225) 615,160) Related parties -
2h, 2m, 9 1,133,149) 1,746,824)
Tagihan akseptasi 3,289,757) 3,069,854) Acceptance receivables
Dikurangi: Cadangan kerugian penurunan Less: Allowance for impairment
nilai 2i (8,637) (4,495) losses
2h, 2n, 10 3,281,120) 3,065,359)
Pinjaman yang diberikan: Loans:
- Pihak ketiga 141,400,072) 132,208,660) Third parties -
- Pihak berelasi 2g, 36 3,773,364) 2,387,393) Related parties -
Pembiayaan/piutang syariah: Sharia financing/receivables:
- Pihak ketiga 11,387,861) 11,527,463) Third parties -
Pendapatan bunga/marjin yang masih akan
diterima 1,097,796) 878,534) Accrued interest/margin income
Dikurangi: Cadangan kerugian penurunan Less: Allowance for impairment
nilai 2i (4,618,047) (3,579,119) losses
2h, 2o, 11 153,041,046) 143,422,931)
Penyertaan saham Investment in shares
- Pihak ketiga 80,086) 80,973) Third parties -
- Pihak berelasi 2g 22,500) 22,500) Related parties -
2h, 2p 102,586) 103,473)
2q, 2ah,
Beban dibayar dimuka 12 1,184,067) 1,465,142) Prepayments
Klaim pengembalian pajak 2ac, 13a 67,337) 50,357)) Claims for tax refund
Aset pajak tangguhan 2ac, 13f 715,152) 545,029) Deferred tax assets
Aset tetap 5,040,250) 5,109,182) Fixed assets
Dikurangi: Akumulasi penyusutan (2,992,438) (2,990,677) Less: Accumulated depreciation
2r, 2ah,
14 2,047,812) 2,118,505)
Dipindahkan 199,467,614) 207,607,161)) Carry forward
Catatan atas laporan keuangan konsolidasian terlampir merupakan The accompanying notes to the consolidated financial statements form
bagian yang tidak terpisahkan dari laporan keuangan konsolidasian an integral part of these consolidated financial statements
secara keseluruhan
1
Page 390
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
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/ 31 Desember/December
Notes 2023 2022
ASET (lanjutan) ASSETS (continued)
Pindahan 199,467,614) 207,607,161) Carried forward
Aset takberwujud dan goodwill 3,541,155) 3,237,937) Intangible assets and goodwill
Dikurangi: Akumulasi amortisasi (2,451,771) (2,161,199) Less: Accumulated amortization
2s, 15 1,089,384) 1,076,738)
Aset lain-lain 996,966) 538,312) Other assets
Dikurangi: Cadangan kerugian penurunan Less: Allowance for impairment
nilai 2i (105,572) (52,507) losses
2h, 2t, 16 891,394) 485,805)
JUMLAH ASET 201,448,392) 209,169,704) TOTAL ASSETS
LIABILITAS, DANA SYIRKAH TEMPORER LIABILITIES, TEMPORARY SYIRKAH
DAN EKUITAS FUNDS AND EQUITY
LIABILITAS LIABILITIES
Liabilitas segera 2h, 17 71,606) 59,045) Obligations due immediately
Bagi hasil yang belum dibagikan 2z 21,951) 18,996) Undistributed revenue sharing
Simpanan nasabah Deposits from customers
- Pihak ketiga 97,793,480) 103,942,403) Third parties -
- Pihak berelasi 2g, 36 484,276) 1,080,884) Related parties -
Beban bunga yang masih harus dibayar 179,647) 145,624) Accrued interest expenses
2h, 2u, 18 98,457,403) 105,168,911)
Simpanan dari bank-bank lain Deposits from other banks
- Pihak ketiga 1,253,579) 18,779) Third parties -
- Pihak berelasi 2g, 36 9,561,059) 147,352) Related parties -
Beban bunga yang masih harus dibayar 7,483) -) Accrued interest expenses
2h, 2u, 19 10,822,121) 166,131)
Liabilitas derivatif Derivative payables
- Pihak ketiga 1,014,819) 1,323,645) Third parties -
- Pihak berelasi 2g, 36 57,285) 124,091) Related parties -
2h, 2m, 9 1,072,104) 1,447,736)
Liabilitas akseptasi Acceptance payables
- Pihak ketiga 2,160,250) 2,157,596) Third parties -
- Pihak berelasi 2g, 36 163,383) 199,232) Related parties -
2h, 2n, 10 2,323,633) 2,356,828)
Utang pajak: Taxes payables:
- Pajak penghasilan badan 107,880) 44,342) Corporate income tax -
- Pajak lain-lain 130,038) 128,934) Other taxes -
2ac, 13b 237,918) 173,276)
Efek-efek yang diterbitkan: Securities issued:
- Utang obligasi 20 200,569) 200,134) Bonds payable -
Beban bunga yang masih harus dibayar 1,514) 1,514) Accrued interest expenses
1d, 2h, 2v 202,083) 201,648)
Dipindahkan 113,208,819) 109,592,571)) Carry forward
Catatan atas laporan keuangan konsolidasian terlampir merupakan The accompanying notes to the consolidated financial statements form
bagian yang tidak terpisahkan dari laporan keuangan konsolidasian an integral part of these consolidated financial statements
secara keseluruhan
2
Page 391
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
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/ 31 Desember/December
Notes 2023 2022
LIABILITAS, DANA SYIRKAH TEMPORER LIABILITIES, TEMPORARY SYIRKAH
DAN EKUITAS (lanjutan) FUNDS AND EQUITY (continued)
LIABILITAS (lanjutan) LIABILITIES (continued)
Pindahan 113,208,819) 109,592,571) Carried forward
Pinjaman yang diterima: Borrowings:
- Pihak ketiga 12,682,950) 7,663,850) Third parties -
- Pihak berelasi 2g, 36 18,569,798) 37,257,744) Related parties -
Biaya transaksi yang belum diamortisasi (48,251) (9,988) Unamortized transaction costs
Beban bunga yang masih harus dibayar 151,020) 155,802) Accrued interest expenses
2h, 2w, 21 31,355,517) 45,067,408)
Akrual 2h, 22 478,981) 453,992) Accruals
Pinjaman subordinasi 3,079,400) 3,113,500) Subordinated loans
Beban bunga yang masih harus dibayar 10,960) 12,078) Accrued interest expenses
2g, 2h,
2y, 24, 36 3,090,360) 3,125,578)
Liabilitas imbalan kerja karyawan: Employee benefits liabilities:
- Imbalan kerja jangka pendek 511,188) 443,476) Short-term employee benefits -
- Imbalan pascakerja dan Post-employment benefits and -
imbalan kerja jangka panjang lainnya 170,105) 64,228) other long-term employee benefits))
2x, 23 681,293) 507,704)
Liabilitas sewa 2ah 353,990) 425,887) Lease liabilities
Liabilitas lain-lain 2h, 2i, 25 1,075,508) 740,279) Other liabilities
JUMLAH LIABILITAS 150,244,468) 159,913,419) 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 2g, 36 2,064) 596) Related parties -
889,954) 763,666)
Deposito mudharabah Mudharabah time deposits
- Pihak ketiga 8,997,932) 9,043,060) Third parties -
- Pihak berelasi 2g, 36 32,934) 36,535) Related parties -
9,030,866) 9,079,595)
JUMLAH DANA SYIRKAH TEMPORER 2z, 26 9,920,820) 9,843,261) TOTAL TEMPORARY SYIRKAH FUNDS
Catatan atas laporan keuangan konsolidasian terlampir merupakan The accompanying notes to the consolidated financial statements form
bagian yang tidak terpisahkan dari laporan keuangan konsolidasian an integral part of these consolidated financial statements
secara keseluruhan
3
Page 392
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
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/ 31 Desember/December
Notes 2023 2022
LIABILITAS, DANA SYIRKAH TEMPORER LIABILITIES, TEMPORARY SYIRKAH
DAN EKUITAS (lanjutan) FUNDS AND EQUITY (continued)
EKUITAS SHAREHOLDERS’ EQUITY
Ekuitas yang diatribusikan kepada pemilik Equity attributable to owners
entitas induk of the parent
Modal saham: Share capital:
Modal dasar Rp 300.000 Authorized capital of Rp 300,000
terdiri dari: 15.000.000.000 saham consists of: 15,000,000,000 shares
dengan nilai nominal with par value of
Rp 20 (nilai penuh) per saham Rp 20 (full amount) per share
Modal ditempatkan dan disetor penuh Issued and fully paid-up capital
sebesar 8.149.106.869 saham of 8,149,106,869 shares
(31 Desember 2022: 8.149.106.869 (31 December 2022: 8,149,106,869
saham) 2aa, 27 162,982) 162,982) shares)
)
Tambahan modal disetor 1b 11,162,238) 11,160,647) Additional paid-in capital
Reserve on revaluation of fixed
Cadangan revaluasi aset tetap 2r 954,224) 874,452) assets
Cadangan nilai wajar - bersih 2l 2,906) (7,704) Fair value reserve - net
Transaksi dengan kepentingan-non- Transaction with non-controlling
pengendali 1f (24,267) (24,267) interest
Saldo laba Retained earnings
- Dicadangkan 32,596) 32,596) Appropriated -
- Belum dicadangkan 26,369,641) 24,702,316) Unappropriated -
26,402,237) 24,734,912)
Komponen ekuitas lainnya 2ab 260,801) 260,801) Other equity components
Saham tresuri 1c, 2aa (254,695) (255,147) Treasury shares
38,666,426) 36,906,676)
Kepentingan non-pengendali 2f 2,616,678) 2,506,348) Non-controlling interest
JUMLAH EKUITAS 41,283,104) 39,413,024) TOTAL EQUITY
JUMLAH LIABILITAS, DANA SYIRKAH TOTAL LIABILITIES, TEMPORARY
TEMPORER, DAN EKUITAS 201,448,392) 209,169,704) SYIRKAH FUNDS, AND EQUITY
Catatan atas laporan keuangan konsolidasian terlampir merupakan The accompanying notes to the consolidated financial statements form
bagian yang tidak terpisahkan dari laporan keuangan konsolidasian an integral part of these consolidated financial statements
secara keseluruhan
4
Page 393
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
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)
Tahun berakhir 31 Desember/
Catatan/ Years ended 31 December
Notes 2023 2022
PENDAPATAN DAN BEBAN OPERATING INCOME
OPERASIONAL AND EXPENSES
Pendapatan bunga 13,069,491) 10,525,856) Interest income
Pendapatan syariah 5,746,182) 5,373,790) Sharia income
2g, 2ad, 29,
36 18,815,673) 15,899,646)
)
Beban bunga (6,285,177) (3,876,891) Interest expenses
Beban syariah (486,433) (344,440) Sharia expenses
2g, 2ad, 30,
36 (6,771,610) (4,221,331)
PENDAPATAN BUNGA DAN NET INTEREST
SYARIAH BERSIH 12,044,063) 11,678,315) AND SHARIA INCOME
Pendapatan operasional lainnya: Other operating income:
Pendapatan operasional lainnya 2ae, 31 1,423,949) 1,228,130) Other operating income
Keuntungan dari selisih kurs dan transaksi Net gains on foreign exchange and
derivatif bersih 2e, 2m 649,494) 784,485) derivative transactions
2,073,443) 2,012,615)
Beban operasional lainnya: Other operating expenses:
2g, 2x, 32,
Beban kepegawaian 36 (3,756,478) (3,403,319) Personnel expenses
Beban umum dan administrasi 33 (3,273,766) (3,272,015) General and administrative expenses
Cadangan kerugian penurunan nilai 2i, 34 (3,049,919) (1,840,167) Provision for impairment losses
Beban operasional lainnya 35 (576,308) (517,753) Other operating expenses
(10,656,471) (9,033,254)
PENDAPATAN OPERASIONAL BERSIH 3,461,035) 4,657,676) NET OPERATING INCOME
PENDAPATAN (BEBAN) NON-OPERATING INCOME
NON-OPERASIONAL (EXPENSES)
Pendapatan non-operasional 10,053) 10,020) Non-operating income
Beban non-operasional (13,406) (10,377) Non-operating expenses
(3,353) (357)
LABA SEBELUM PAJAK PENGHASILAN 3,457,682) 4,657,319) INCOME BEFORE INCOME TAX
BEBAN PAJAK PENGHASILAN 2ac, 13c (775,198) (1,027,755) INCOME TAX EXPENSE
LABA BERSIH 2,682,484) 3,629,564) NET INCOME
Catatan atas laporan keuangan konsolidasian terlampir merupakan The accompanying notes to the consolidated financial statements form
bagian yang tidak terpisahkan dari laporan keuangan konsolidasian an integral part of these consolidated financial statements
secara keseluruhan
5
Page 394
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
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)
OPERATING INCOME
Tahun berakhir 31 Desember/ OPERATING INCOME
C Catatan/ Years ended 31 December
Notes 2023 2022
PENGHASILAN KOMPREHENSIF LAIN: OTHER COMPREHENSIVE INCOME:
Pos-pos yang tidak akan direklasifikasi Items that will not be reclassified
ke laba rugi to profit or loss
Keuntungan revaluasi aset tetap 2r, 14 79,772) -) Gain on revaluation of fixed assets
Pengukuran kembali liabilitas imbalan kerja Remeasurements of employee benefits
karyawan 2x, 23 (92,262) (37,209) liabilities
Pajak penghasilan terkait pos-pos yang Income tax relating to items that will not be
tidak akan direklasifikasi ke laba rugi 13f 20,204) 8,186) reclassified to profit or loss
7,714) (29,023)
Pos-pos yang akan direklasifikasi Items that will be reclassified
ke laba rugi to profit or loss
Keuntungan (kerugian) yang belum Unrealized gains (losses) on fair value
direalisasi atas perubahan nilai wajar changes of securities measured
efek-efek yang diukur pada nilai wajar at fair value through
melalui penghasilan komprehensif lain 2l 13,633) (160,999) other comprehensive income
Pajak penghasilan terkait pos-pos yang Income tax relating to items that will be
akan direklasifikasi ke laba rugi 2ac,13f (2,999) 35,420) reclassified to profit or loss
10,634) (125,579)
PENGHASILAN KOMPREHENSIF LAIN OTHER COMPREHENSIVE
TAHUN BERJALAN, SETELAH PAJAK INCOME FOR THE
PENGHASILAN 18,348) (154,602) YEAR, NET OF INCOME TAX
TOTAL COMPREHENSIVE
JUMLAH LABA KOMPREHENSIF TAHUN INCOME FOR THE
BERJALAN, SETELAH PAJAK 2,700,832) 3,474,962) YEAR, NET OF INCOME TAX
LABA BERSIH YANG DIATRIBUSIKAN
KEPADA: NET PROFIT ATTRIBUTABLE TO:
Pemilik entitas induk 2,358,334) 3,095,701) Owners of the parent
Kepentingan non-pengendali 324,150) 533,863) Non-controlling interest
2,682,484) 3,629,564)
JUMLAH LABA KOMPREHENSIF YANG TOTAL COMPREHENSIVE
DIATRIBUSIKAN KEPADA: INCOME ATTRIBUTABLE TO:
Pemilik entitas induk 2,376,847) 2,939,728) Owners of the parent
Kepentingan non-pengendali 323,985) 535,234) Non-controlling interest
2,700,832) 3,474,962)
LABA BERSIH PER SAHAM EARNINGS PER SHARE
(NILAI PENUH) 2af, 39 (FULL AMOUNT)
Dasar 293) 384) Basic
Dilusian 293) 384) Diluted
Catatan atas laporan keuangan konsolidasian terlampir merupakan The accompanying notes to the consolidated financial statements form
bagian yang tidak terpisahkan dari laporan keuangan konsolidasian an integral part of these consolidated financial statements
secara keseluruhan
6
Page 395
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
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)
Diatribusikan kepada pemilik entitas induk/Attributable to owners of the parent
Modal
ditempatkan Cadangan Transaksi
dan disetor revaluasi dengan Saldo laba yang Saldo laba yang Kepentingan
penuh/ Tambahan aset tetap/ kepentingan sudah ditentukan belum ditentukan Komponen non-
Issued and modal Reserve on Cadangan nilai non-pengendali/ penggunaannya/ penggunaannya/ ekuitas Saham pengendali/
fully disetor/ revaluation wajar - bersih/ Transaction with Appropriated Unappropriated lainnya/ tresuri/ Non- Jumlah
Catatan/ paid-up Additional of fixed Fair value non-controlling retained retained Other equity Treasury Jumlah/ controlling ekuitas/
Notes share capital paid-in capital assets reserve - net interest earnings earnings components shares Total interest Total equity
Saldo tanggal 1 Januari 2023 162,982) 11,160,647) 874,452 (7,704) (24,267) 32,596 24,702,316 260,801 (255,147) 36,906,676 2,506,348 39,413,024 Balance as of 1 January 2023
Laba bersih tahun berjalan -) -) -) -) -) -) 2,358,334) -) -) 2,358,334 324,150) 2,682,484) Net profit for the year
Penghasilan komprehensif lainnya: Other comprehensive income:
Perubahan nilai wajar atas aset Changes in fair value of financial assets
keuangan yang diukur pada nilai measured at fair value
wajar melalui penghasilan through other comprehensive
komprehensif lain 2l -) -) -) 13,602) -) -) -) -) -) 13,602) 31) 13,633) income
Keuntungan revaluasi aset tetap -) -) 79,772) -) -) -) -) -) -) 79,772) 79,772) Gain on revaluation of fixed assets
Pengukuran kembali liabilitas imbalan Remeasurement of employee
kerja karyawan 2l -) -) -) -) -) -) (92,055) -) -) (92,055) (207) (92,262) benefits liabilties
Efek pajak terkait 2ac,13f -) -) -) (2,992) -) -) 20,186) -) -) 17,194) 11) 17,205) Related tax effect
Jumlah laba komprehensif selama Total comprehensive
tahun berjalan -) -) 79,772) 10,610) -) -) 2,286,465) -) -) 2,376,847) 323,985) 2,700,832) income during the year
Pembayaran dividen 1f -) -) -) -) -) -) (619,140) -) -) (619,140) (213,720) (832,860) Dividend payment
Penjualan saham tresuri ke publik -) 21) -) -) -) -) -) -) 452) 473) -) 473) Sales of treasury shares to public
Pembayaran kompensasi dari saham Payments of compensation from treasury
tresuri 1c,2aa shares
Entitas Anak -) 1,570) -) -) -) -) -) -) -) 1,570) 65) 1,635) Subsidiary
162,982) 11,162,238) 954,224) 2,906) (24,267) 32,596) 26,369,641) 260,801) (254,695) 38,666,426 2,616,678) 41,283,104)
Saldo tanggal 31 Desember 2023 Balance as of 31 December 2023
Catatan atas laporan keuangan konsolidasian terlampir merupakan bagian yang tidak The accompanying notes to the consolidated financial statements form an
terpisahkan dari laporan keuangan konsolidasian secara keseluruhan integral part of these consolidated financial statements
7
Page 396
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
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)
Diatribusikan kepada pemilik entitas induk/Attributable to owners of the parent
Modal
ditempatkan Cadangan Transaksi
dan disetor revaluasi dengan Saldo laba yang Saldo laba yang Kepentingan
penuh/ Tambahan aset tetap/ kepentingan sudah ditentukan belum ditentukan Komponen non-
Issued and modal Reserve on Cadangan nilai non-pengendali/ penggunaannya/ penggunaannya/ ekuitas Saham pengendali/
fully disetor/ revaluation wajar - bersih/ Transaction with Appropriated Unappropriated lainnya/ tresuri/ Non- Jumlah
Catatan/ paid-up Additional of fixed Fair value non-controlling retained retained Other equity Treasury Jumlah/ controlling ekuitas/
Notes share capital paid-in capital assets reserve - net interest earnings earnings components shares Total interest Total equity
Saldo tanggal 1 Januari 2022 162,982 11,158,962 874,452 117,867) (24,267) 81,596) 21,588,017) 260,801 (255,147) 33,965,263) 2,113,664) 36,078,927) Balance as of 1 January 2022
Laba bersih tahun berjalan - - - -) -) -) 3,095,701) - - 3,095,701) 533,863) 3,629,564) Net profit for the year
Penghasilan komprehensif lainnya: Other comprehensive income:
Perubahan nilai wajar atas aset Changes in fair value of financial assets
keuangan yang diukur pada nilai measured at fair value
wajar melalui penghasilan through other comprehensive
komprehensif lain 2l - - - (160,989) -) -) -) - - (160,989) (10) (160,999) income
Pengukuran kembali liabilitas imbalan Remeasurement of employee
kerja karyawan 2l - - - -) -) -) (38,977) - - (38,977) 1,768) (37,209) benefits liabilties
Efek pajak terkait 2ac,13f - - - 35,418) -) -) 8,575) - - 43,993) (387) 43,606) Related tax effect
Jumlah laba komprehensif selama Total comprehensive
tahun berjalan - - - (125,571) -) -) 3,065,299) - - 2,939,728) 535,234) 3,474,962) income during the year
Reklasifikasi cadangan umum - - - -) -) (49,000) 49,000) - - -) -) - Reclassification of general appropriation
)
Pembayaran dividen Entitas Anak 1f - - - -) -) -) -) - - -) (142,633) (142,633) Payments of Subsidiary’s dividend
Pembayaran kompensasi dari saham Payments of compensation from treasury
tresuri 1c,2aa shares
Entitas Anak - 1,685 - -) -) -) -) - - 1,685) 83) 1,768) Subsidiary
Saldo tanggal 31 Desember 2022 162,982 11,160,647 874,452 (7,704) (24,267) 32,596) 24,702,316) 260,801 (255,147) 36,906,676) 2,506,348) 39,413,024) Balance as of 31 December 2022
Catatan atas laporan keuangan konsolidasian terlampir merupakan bagian yang tidak The accompanying notes to the consolidated financial statements form an
terpisahkan dari laporan keuangan konsolidasian secara keseluruhan integral part of these consolidated financial statements
8
Page 397
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
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)
Tahun berakhir 31 Desember/
Catatan/ Years ended 31 December
Notes 2023 2022
CASH FLOWS FROM OPERATING
ARUS KAS DARI AKTIVITAS OPERASI ACTIVITIES
Penerimaan bunga 12,876,098) 10,253,185) Receipt from interest
Penerimaan dari pendapatan syariah 5,709,497) 5,343,253) Receipt from sharia income
Pembayaran beban bunga (7,016,441) (3,782,757) Payments of interest expense
Pembayaran hak pihak ketiga atas bagi hasil Payments of third parties’ shares on return of
dana syirkah temporer (483,478) (339,201) temporary syirkah funds
Penerimaan pendapatan operasional lainnya 1,713,128) 2,024,702) Receipt from other operating income
Penerimaan kembali kredit yang telah
dihapusbukukan 429,855) 363,903) Recovery from written-off loans
Pembayaran beban kepegawaian (3,675,151) (3,440,912) Payments of personnel expenses
Pembayaran beban operasional lainnya (2,541,605) (2,695,092) Payments of other operating expenses
Penerimaan lain-lain 6,649) 10,185) Other receipts
Pembayaran pajak penghasilan badan (889,965) (1,163,421) Payments of corporate income tax
Arus kas sebelum perubahan dalam aset Cash flows before changes in operating
operasi, liabilitas operasi dan dana syirkah assets, operating liabilities and
temporer 6,128,587) 6,573,845) temporary syirkah funds
Perubahan dalam aset operasi, liabilitas operasi, Changes in operating assets, operating
dan dana syirkah temporer: liabilities, and temporary syirkah funds:
(Kenaikan) penurunan aset operasi: (Increase) decrease in operating assets:
Placements with Bank Indonesia and other
Penempatan pada Bank Indonesia dan bank- banks - with maturity more than 3
bank lain - jatuh tempo lebih dari 3 bulan -) 150,000) months
Tagihan derivatif 613,675) (1,178,125) Derivative receivables
Tagihan akseptasi (219,903) (1,307,292) Acceptance receivables
Pinjaman yang diberikan (11,142,017) (10,762,631) Loans
Pembiayaan/piutang syariah (1,361,808) (2,034,218) Sharia financing/receivables
Kenaikan (penurunan) liabilitas operasi: Increase (decrease) in operating liabilities:
Liabilitas segera 12,561) 25,790) Obligations due immediately
Simpanan nasabah (6,745,531) 4,549,060) Deposits from customers
Simpanan dari bank-bank lain 10,648,507) (3,711,720) Deposits from other banks
Liabilitas derivatif (375,632) 945,245) Derivative payables
Liabilitas akseptasi (33,195) 1,396,620) Acceptance payables
Kenaikan dana syirkah temporer 77,559) 937,358) Increase in temporary syirkah funds
Arus kas bersih digunakan untuk aktivitas Net cash flows used in
operasi (2,397,197) (4,416,068) operating activities
ARUS KAS DARI AKTIVITAS INVESTASI CASH FLOWS FROM INVESTING ACTIVITIES
Pembelian efek-efek (10,501,020) (9,444,754) Purchase of securities
Penjualan efek-efek 11,544,675) 13,232,763) Proceeds from sale of securities
Pembelian aset tetap (215,390) (194,386) Purchases of fixed assets
Perolehan aset hak guna (3,542) (13,360) Acquisition of right-of-use assets
Perolehan aset takberwujud 15 (436,590) (433,840) Acquisition of intangible assets
Hasil dari penjualan aset tetap 14 5,877) 5,569) Proceeds from sale of fixed assets
Arus kas bersih diperoleh dari aktivitas Net cash flows provided from
investasi 394,010) 3,151,992) investing activities
Catatan atas laporan keuangan konsolidasian terlampir merupakan The accompanying notes to the consolidated financial statements form
bagian yang tidak terpisahkan dari laporan keuangan konsolidasian an integral part of these consolidated financial statements
secara keseluruhan
9
Page 398
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
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)
Tahun berakhir 31 Desember/
Catatan/ Years ended 31 December
Notes 2023 2022
)
CASH FLOWS FROM FINANCING
ARUS KAS DARI AKTIVITAS PENDANAAN ACTIVITIES
Pembayaran efek-efek yang diterbitkan -) (799,000) Payments of securities issued
Penerimaan dari pinjaman yang diterima 27,232,047) 16,145,873) Proceeds from borrowings
Pembayaran angsuran dan pelunasan Installment payments and settlement
pinjaman yang diterima (40,171,851) (6,002,777) of borrowings
Penjualan saham tresuri ke publik 2,108) 1,768) Sales of treasury shares to public
Pembayaran dividen (832,860) (142,633) Payments of dividend
Pembayaran pokok liabilitas sewa (116,558) (146,455) Payments of lease liabilities principals
Arus kas bersih (digunakan untuk) Net cash flows (used in) provided from
diperoleh dari aktivitas pendanaan (13,887,114) 9,056,776) financing activities
(PENURUNAN) KENAIKAN BERSIH KAS NET (DECREASE) INCREASE IN CASH AND
DAN SETARA KAS (15,890,301) 7,792,700) CASH EQUIVALENTS
DAMPAK PERUBAHAN SELISIH KURS EFFECT OF EXCHANGE RATE CHANGES
TERHADAP KAS DAN SETARA KAS (14,462) 3,376) ON CASH AND CASH EQUIVALENTS
SALDO KAS DAN SETARA KAS AWAL CASH AND CASH EQUIVALENTS AT THE
TAHUN 39,377,753) 31,581,677) BEGINNING OF YEAR
SALDO KAS DAN SETARA KAS AKHIR CASH AND CASH EQUIVALENTS AT THE
TAHUN 23,472,990) 39,377,753) END OF YEAR
Kas dan setara kas terdiri dari: Cash and cash equivalents consist of:
Kas 4 1,428,683) 1,747,461) Cash
Giro pada Bank Indonesia 5 9,276,598) 10,215,350) Current accounts with Bank Indonesia
Giro pada bank-bank lain 6 962,387) 2,189,561) )Current accounts with other banks
Penempatan pada Bank Indonesia dan Placements with Bank Indonesia and
bank-bank lain 7a 8,961,654) 21,885,214) other banks
Efek-efek 8i 2,843,668) 3,340,167) Securities
23,472,990) 39,377,753)
SUPPLEMENTAL CASH FLOWS
INFORMASI TAMBAHAN ARUS KAS INFORMATION
AKTIVITAS YANG TIDAK MEMPENGARUHI
ARUS KAS ACTIVITIES NOT AFFECTING CASH FLOWS
Pembelian aset tetap yang Purchases of fixed assets which are still
masih terutang (1,248) (790) payable
Catatan atas laporan keuangan konsolidasian terlampir merupakan The accompanying notes to the consolidated financial statements form
bagian yang tidak terpisahkan dari laporan keuangan konsolidasian an integral part of these consolidated financial statements
secara keseluruhan
10
Page 399
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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 dan informasi umum a. Establishment and general information
PT BANK BTPN Tbk (secara individu disebut PT BANK BTPN Tbk (individually referred to as
”BTPN” atau “Bank”) yang berdomisili di Jakarta ”BTPN” or the “Bank”) domiciled in South
Selatan sebelumnya bernama PT Bank Jakarta formerly under the name of PT Bank
Tabungan Pensiunan Nasional berdasarkan Tabungan Pensiunan Nasional based on
akta notaris No. 31 tanggal 16 Februari 1985 notarial deed No. 31 dated 16 February 1985 of
dari Notaris Komar Andasasmita, S.H. Akta ini Notary Komar Andasasmita, S.H. The deed
telah diubah dengan akta notaris No. 12 tanggal was amended by notarial deed No. 12 dated
13 Juli 1985 dari Notaris Dedeh Ramdah 13 July 1985 of Notary Dedeh Ramdah
Sukarna, S.H. Anggaran Dasar telah disahkan Sukarna, S.H. The Articles of Association was
oleh Menteri Kehakiman Republik Indonesia approved by the Minister of Justice of the
dengan surat No. C2-4583HT01.01TH.85 Republic of Indonesia in its decision letter
tanggal 25 Juli 1985, dan diumumkan dalam No. C2-4583HT01.01TH.85 dated 25 July 1985
Tambahan No. 1148 Berita Negara Republik and published in Supplement No. 1148 to State
Indonesia No. 76 tanggal 20 September 1985. Gazette No. 76 dated 20 September 1985.
Bank diberikan izin untuk melanjutkan usaha The Bank was given permission to carry on the
bank sebagai kelanjutan usaha dari bank business as a continuity from Association
Perkumpulan Bank Pegawai Pensiunan Militer of Bank Pegawai Pensiunan Militer
(”BAPEMIL”) yang telah beroperasi secara ("BAPEMIL") which commenced its commercial
komersial pada tanggal 16 Februari 1959. Bank operations on 16 February 1959. The Bank
memperoleh izin usaha sebagai bank umum obtained its license to operate as a commercial
berdasarkan Keputusan Menteri Keuangan bank based on the Decree of Ministry of
Republik Indonesia No. Kep-955/KM.17/1993 Finance of the Republic Indonesia
tanggal 22 Maret 1993 dan surat Bank No. Kep-955/KM.17/1993 dated 22 March 1993
Indonesia No. 26/5/UPBD/PBD2/Bd tanggal and the letter of Bank Indonesia
22 April 1993. Bank juga memperoleh izin untuk No. 26/5/UPBD/PBD2/Bd dated 22 April 1993.
menjalankan Unit Usaha Syariah melalui surat The Bank also obtained a license to operate its
Bank Indonesia No. 10/2/DPIP/Prz/Bd tanggal Sharia Business Unit by the letter of Bank
17 Januari 2008 yang telah dipindahkan ke Indonesia No. 10/2/DPIP/Prz/Bd dated
PT Bank Tabungan Pensiunan Nasional 17 January 2008 which has been transferred to
Syariah Tbk (anak perusahaan Bank) setelah PT Bank Tabungan Pensiunan Nasional
pemisahan pada tanggal 14 Juli 2014. Syariah Tbk (the Bank’s subsidiary) after a
spin-off on 14 July 2014.
Bank memperoleh izin melakukan kegiatan The Bank obtained its license to conduct
usaha dalam valuta asing berdasarkan surat foreign exchange activities based on the
Keputusan Otoritas Jasa Keuangan (“OJK”) Decree of Otoritas Jasa Keuangan (“OJK”)
No. 382/PB.12/2015 tanggal 22 Desember No. 382/PB.12/2015 dated 22 December 2015
2015 tentang pemberian izin melakukan regarding approval in conducting foreign
kegiatan usaha dalam valuta asing. Bank mulai exchange activities. The Bank started to
melakukan kegiatan usaha sebagai bank operate as a foreign exchange bank on
devisa pada tanggal 16 Februari 2016. 16 February 2016.
Anggaran Dasar Bank telah mengalami The Bank’s Articles of Association have been
beberapa kali perubahan. Perubahan Anggaran amended several times. The complete
Dasar secara lengkap dituangkan dalam Akta amendment as specified into the Deed Number
Nomor 22 tanggal 21 Januari 2019 yang dibuat 22 dated 21 January 2019 made by Ashoya
oleh Ashoya Ratam, SH, MKn, Notaris di Kota Ratam, SH, MKn, Notary in Administrative City
Administrasi Jakarta Selatan dan telah disetujui of South Jakarta and has been approved by the
oleh Menteri Hukum dan Hak Asasi Manusia Minister of Law and Human Rights of the
Republik Indonesia melalui Surat Keputusan Republic of Indonesia through Decree Letter
Nomor AHU-0006169.AH.01.10.Tahun 2019 Number AHU-0006169.AH.01.10.Tahun 2019
tanggal 22 Januari 2019, di mana Bank resmi dated 22 January 2019, where the Bank
mengubah namanya menjadi PT BANK formally changed its name to PT BANK BTPN
BTPN Tbk. Tbk.
11
Page 400
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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)
a. Pendirian dan informasi umum (lanjutan) a. Establishment and general information
(continued)
Perubahan Anggaran Dasar Bank dilakukan Amendment of Articles of Association of the Bank
dalam rangka penyesuaian dengan Peraturan was made in order to adjust with the OJK
OJK Nomor 14/POJK.04/2019 tentang Perubahan Regulation Number 14/POJK.04/2019 regarding
Atas Peraturan OJK Nomor 32/POJK.04/2015 the Amendments to the OJK Regulation Number
tentang Penambahan Modal Perusahaan Terbuka 32/POJK.04/2015 regarding the Capital Increase
dengan Memberikan Hak Memesan Efek Terlebih of Public Listed Companies by Granting Pre-
Dahulu, Peraturan OJK Nomor 15/POJK.04/2020 emptive Rights, OJK Regulation Number
tentang Rencana dan Penyelenggaraan Rapat 15/POJK.04/2020 regarding Plan and Conducting
Umum Pemegang Saham Perusahaan Terbuka, a General Meeting of Shareholders of Public
dan Peraturan OJK Nomor 16/POJK.04/2020 Listed Companies, and OJK Regulation Number
tentang Pelaksanaan Rapat Umum Pemegang 16/POJK.04/2020 regarding Conducting General
Saham Perusahaan Terbuka Secara Elektronik, Meeting of Shareholders of Public Listed
sebagaimana dituangkan dalam Akta Nomor 31 Companies electronically, as specified in the Deed
tanggal 18 November 2020 yang dibuat oleh Number 31 dated 18 November 2020 made by
Ashoya Ratam, SH, MKn, Notaris di Kota Ashoya Ratam, SH, MKn, Notary in Administrative
Administrasi Jakarta Selatan dan telah diterima City of South Jakarta and has been received and
dan dicatat di dalam Sistem Administrasi Badan recorded in Legal Entity Administration System
Hukum melalui Surat Keputusan Menteri Hukum through Decree Letter of Minister of Law and
dan Hak Asasi Manusia Republik Indonesia Human Rights of the Republic of Indonesia No.
Nomor AHU-AH.01.03-0410879 tanggal AHU-AH.01.03-0410879 dated 23 November
23 November 2020 perihal Penerimaan 2020 regarding Acceptance of Notification of
Pemberitahuan Perubahan Anggaran Dasar Amendment of Articles of Association of
PT BANK BTPN Tbk. PT BANK BTPN Tbk.
Perubahan Anggaran Dasar Bank dalam rangka Articles of Association of the Bank in relation with
Peningkatan Modal Disetor/ Ditempatkan Bank the Increase of the Issued/Paid Up Capital
sehubungan dengan Pelaksanaan Program regarding exercise of Employee Stock Option
Pemberian Opsi Saham Kepada Karyawan Bank Program to the Employees of the Bank (“ESOP
(“Program ESOP”) sebagaimana dituangkan Program”) as specified in the Deed Number 21
dalam Akta Nomor 21 tanggal 26 Februari 2021 dated 26 February 2021 made by Ashoya Ratam,
yang dibuat oleh Ashoya Ratam, SH, MKn, Notaris SH, MKn, Notary in Administrative City of South
di Kota Administrasi Jakarta Selatan dan telah Jakarta and has been received and recorded in
diterima dan dicatat di dalam Sistem Administrasi Legal Entity Administration System through
Badan Hukum melalui Surat Keputusan Menteri Decree Letter of Minister of Law and Human right
Hukum dan Hak Asasi Manusia Republik of the Republic of Indonesia No. AHU-
Indonesia Nomor AHU-AH.01.03-0133128 AH.01.03-0133128 dated 1 March 2021 regarding
tanggal 1 Maret 2021 perihal Penerimaan Acceptance of Notification of Amendment of
Pemberitahuan Perubahan Anggaran Dasar Articles of Association of PT BANK BTPN Tbk.
PT BANK BTPN Tbk.
Perubahan Anggaran Dasar Bank dilakukan The amendment of Articles of Association of the
dalam rangka penyesuaian kegiatan usaha Bank was made in order to adjust the Company’s
Perseroan sesuai Peraturan Pemerintah Nomor 5 Business Activities in accordance with
tahun 2021 tentang Penyelenggaraan Perizinan Government Regulation Number 5 Year 2021
Berusaha Berbasis Risiko sebagaimana regarding the Implementation of Risk Based
dituangkan dalam Akta Nomor 45 tanggal Business Licensing as specified in the Deed
21 April 2022 yang dibuat oleh Ashoya Ratam, SH, Number 45 dated 21 April 2022 made by Ashoya
MKn, Notaris di Kota Administrasi Jakarta Selatan Ratam, SH, MKn, Notary in Administrative City of
dan telah disetujui oleh Menteri Hukum dan Hak South Jakarta and has been approved by the
Asasi Manusia Republik Indonesia melalui Surat Minister of Law and Human Rights of the Republic
Keputusan Nomor AHU-0031033.AH.01.02. of Indonesia through Decree Number
TAHUN 2022 tanggal 27 April 2022 tentang AHU-0031033.AH.01.02.TAHUN 2022 dated
Persetujuan Perubahan Anggaran Dasar 27 April 2022 regarding Approval on Amendment
Perseroan Terbatas PT BANK BTPN Tbk. of Articles of Association of the Limited Liability
Company of PT BANK BTPN Tbk.
12
Page 401
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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)
a. Pendirian dan informasi umum (lanjutan) a. Establishment and general information
(continued)
Perubahan Anggaran Dasar Bank terakhir The latest amendment of Articles of Association of
dituangkan dalam Akta Nomor 28 tanggal 22 Juni the Bank as specified into the Deed Number 28
2023 yang dibuat oleh Yumna Shabrina, SH, MKn, dated 22 June 2023 made by Yumna Shabrina,
selaku Notaris Pengganti dari Ashoya Ratam, SH, SH, MKn, as Subsitute Notary of Ashoya Ratam,
MKn, Notaris di Kota Administrasi Jakarta Selatan SH, MKn, Notary in Administrative City of South
dan telah diterima dan dicatat di dalam Sistem Jakarta and has been received and recorded in
Administrasi Badan Hukum melalui Surat Legal Entity Administration System through
Keputusan Menteri Hukum dan Hak Asasi Decree Letter of Minister of Law and Human right
Manusia Republik Indonesia of the Republic of Indonesia
No. AHU-AH.01.03-0086163 tanggal 3 Juli 2023 No. AHU-AH.01.03-0086163 dated 3 July 2023
perihal Penerimaan Pemberitahuan Perubahan regarding Acceptance of Notification of
Anggaran Dasar PT BANK BTPN Tbk. Amendment of Articles of Association of
PT BANK BTPN Tbk.
Susunan Dewan Komisaris terakhir Bank The latest composition of the Board of
sebagaimana dituangkan ke dalam Akta Commissioners of the Bank as specified into
Nomor 25 tanggal 10 Mei 2023 yang dibuat oleh the Deed Number 25 dated 10 May 2023 made
Ashoya Ratam, SH, MKn, Notaris di Kota by Ashoya Ratam, SH, MKn, Notary in
Administrasi Jakarta Selatan dan telah diterima Administrative City of South Jakarta and has
dan dicatat di dalam Sistem Administrasi Badan been received and recorded in Legal Entity
Hukum melalui Surat Keputusan Menteri Administration System through Decree Letter of
Hukum dan Hak Asasi Manusia Republik Minister of Laws and Human Rights of the
Indonesia Nomor AHU-AH.01.09-0116937 Republic of Indonesia Number
tanggal 11 Mei 2023 perihal Penerimaan AHU-AH.01.09-0116937 dated 11 May 2023
Pemberitahuan Perubahan Data Perseroan regarding Acceptance of Notification of the
PT BANK BTPN Tbk. Company’s Data Changes of
PT BANK BTPN Tbk.
Susunan Direksi terakhir Bank sebagaimana The latest composition of the Board of Directors
dituangkan ke dalam Akta Nomor 58 tanggal of the Bank as specified into the Deed Number
27 Juli 2023 yang dibuat oleh Yumna Shabrina, 58 dated 27 July 2023 made by Yumna
SH, MKn, selaku Notaris Pengganti dari Ashoya Shabrina, SH, MKn, as Subsitute Notary of
Ratam, SH, MKn, Notaris di Kota Administrasi Ashoya Ratam, SH, MKn, Notary in
Jakarta Selatan dan telah diterima dan dicatat Administrative City of South Jakarta and has
di dalam Sistem Administrasi Badan Hukum been received and recorded in Legal Entity
melalui Surat Keputusan Menteri Hukum dan Administration System through Decree Letter of
Hak Asasi Manusia Republik Indonesia Nomor Minister of Laws and Human Rights of the
AHU-AH.01.09-0145163 tanggal 27 Juli 2023 Republic of Indonesia Number
perihal Penerimaan Pemberitahuan Perubahan AHU-AH.01.09-0145163 dated 27 July 2023
Data Perseroan PT BANK BTPN Tbk. regarding Acceptance of Notification of the
Company’s Data Changes of
PT BANK BTPN Tbk.
Sesuai dengan pasal 3 Anggaran Dasar Bank, In accordance with Article 3 of the Bank’s
maksud dan tujuan serta kegiatan Bank adalah Articles of Association, the Bank’s scope of
melakukan kegiatan dalam jasa bank umum activities is to engage in general banking
termasuk melakukan penyertaan modal pada services including capital investment in bank
bank yang melaksanakan kegiatan usaha conducting business based on sharia
berdasarkan prinsip syariah, sesuai dengan principles, in accordance with the prevailing
undang-undang dan peraturan yang berlaku di laws and regulations in Indonesia.
Indonesia.
Pemegang Saham Utama Bank adalah Majority Shareholder’s of the Bank is Sumitomo
Sumitomo Mitsui Banking Corporation Mitsui Banking Corporation (“SMBC”). SMBC
(“SMBC”). SMBC didirikan pada bulan April was established in April 2001. Sumitomo Mitsui
2001. Sumitomo Mitsui Financial Group, Inc. Financial Group, Inc. (“SMFG”) was established
(“SMFG”) didirikan pada bulan Desember 2002 in December 2002 and SMBC became a
dan SMBC menjadi anak perusahaan yang subsidiary fully owned by SMFG. SMFG is the
sepenuhnya dimiliki oleh SMFG. SMFG controlling shareholder and ultimate
merupakan pemegang saham pengendali dan shareholder of BTPN.
pemegang saham terakhir (ultimate
shareholder) dari BTPN.
SMBC berkantor pusat di Tokyo, Jepang dan SMBC’s Head Office is in Tokyo, Japan and
saat ini merupakan salah satu bank terbesar di currently one of the biggest banks in Japan with
Jepang dengan jaringan usaha yang telah a business network vastly spread throughout
menyebar ke beberapa wilayah di dunia. the world.
13
Page 402
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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)
a. Pendirian dan informasi umum (lanjutan) a. Establishment and general information
(continued)
Berkantor Pusat di Tokyo, Jepang, SMFG With the Head Office in Tokyo, SMFG operates
bergerak dalam bidang manajemen anak in the management of banking subsidiaries and
perusahaan perbankan dan perusahaan lain other companies that can be treated as
yang dapat diperlakukan sebagai anak subsidiaries based on the provisions of
perusahaan berdasarkan ketentuan Undang- Japanese Banking Laws. In addition, SMFG
Undang Perbankan Jepang. Selain itu, carries out ancillary functions, as well as
melakukan fungsi-fungsi terkait (ancillary functions that can be executed by banking
functions), serta fungsi-fungsi yang dapat holding companies under the regulations of the
dilakukan oleh perusahaan holding perbankan Japanese Banking Laws.
di bawah ketentuan Undang-Undang
Perbankan Jepang.
Perusahaan-perusahaan yang tergabung Companies within the SMFG business group
dalam kelompok usaha SMFG terutama are mainly operating in commercial banking
bergerak di bidang perbankan komersial through such financial services as follows:
melalui layanan keuangan berikut: leasing, leasing, securities, consumer financing,
sekuritas, pembiayaan konsumen, keuangan, finance, system development data processing
pemrosesan data pengembangan sistem, dan and asset management.
manajemen aset.
Kantor pusat Bank berlokasi di Menara BTPN, The Bank’s head office is located at Menara
CBD Mega Kuningan, Jl. Dr. Ide Anak Agung BTPN, CBD Mega Kuningan, Jl. Dr. Ide Anak
Gde Agung Kav 5.5 - 5.6, Jakarta Selatan Agung Gde Agung Kav 5.5 - 5.6, Jakarta
12950. Selatan 12950.
Jaringan distribusi Bank pada tanggal The Bank’s distribution network as of
31 Desember 2023 dan 2022 (tidak diaudit) 31 December 2023 and 2022 (unaudited) was
adalah sebagai berikut: as follows:
31 Desember/December
2023 2022
Kantor Cabang 73 73 Branches
Kantor Cabang Pembantu 215 234 Sub-Branches
ATM dan TCR 228 221 ATM and TCR
Kantor Fungsional 45 51 Functional Branches
561 579
Jumlah karyawan PT BANK BTPN Tbk dan As of 31 December 2023 and 2022 PT BANK
entitas anaknya (secara bersama-sama disebut BTPN Tbk and its subsidiaries (together
“Grup”) pada tanggal 31 Desember 2023 dan referred to as “the Group”) had 20,933 and
2022, masing-masing adalah 20.933 dan 19,740 employees, respectively (unaudited).
19.740 karyawan (tidak diaudit).
b. Penggabungan usaha dengan PT Bank b. Merger with PT Bank Sumitomo Mitsui
Sumitomo Mitsui Indonesia Indonesia
Berdasarkan keputusan Rapat Umum Based on the resolution of Extraordinary
Pemegang Saham Luar Biasa tanggal General Meeting of Shareholders dated
5 Oktober 2018 sebagaimana dinyatakan 5 October 2018 as stipulated in the Deed of
dalam Akta Risalah Rapat Umum Pemegang Minutes of Extraordinary General Meeting of
Saham Luar Biasa No. 09 tertanggal Shareholders No. 09 dated 5 October 2018
5 Oktober 2018 yang dibuat oleh Ashoya made by Ashoya Ratam, SH, MKn, Notary in
Ratam, SH, MKn, Notaris di Kota Administrasi Administrative City of South Jakarta, it has
Jakarta Selatan, telah disetujui Rencana approved the Proposed Merger of PT Bank
Penggabungan Usaha PT Bank Sumitomo Sumitomo Mitsui Indonesia (“SMBCI”) and the
Mitsui Indonesia (“SMBCI”) dengan Bank, Bank whereby SMBCI acted as the Merging
dimana SMBCI bertindak sebagai bank yang Bank and the Bank acted as the Merger-
menggabungkan diri dan Bank bertindak Recipient Bank or surviving bank, effective as
sebagai bank penerima penggabungan, yang of all the required approval being obtained
berlaku sejak seluruh persetujuan yang (“Effective Merger Date”).
disyaratkan diperoleh (“Tanggal Efektif
Penggabungan”).
14
Page 403
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. Penggabungan usaha dengan PT Bank b. Merger with PT Bank Sumitomo Mitsui
Sumitomo Mitsui Indonesia (lanjutan) Indonesia (continued)
Penggabungan menjadi efektif pada tanggal The Merger became effective on 1 February
1 Februari 2019, setelah diperolehnya 2019, after obtaining the approval from (i) OJK
persetujuan dari (i) OJK melalui surat through Decree of Board of Commissioners of
Keputusan Dewan Komisioner OJK Nomor OJK Number 35/KDK.03/2018 dated
35/KDK.03/2018 tanggal 20 Desember 2018 20 December 2018 regarding the Merger
tentang Pemberian Izin Penggabungan Usaha Approval of SMBCI into the Bank; (ii) Japan
(Merger) SMBCI ke dalam Bank; (ii) Japan Financial Services Agency (JFSA) through the
Financial Services Agency (JFSA) melalui surat Banking Supervisory letter No. 1788 and
Pengawas Perbankan No. 1788 dan No. 1789 No. 1789 dated 18 January 2019 regarding the
tertanggal 18 Januari 2019 perihal Persetujuan approval of Subsidiarization; and (iii) Minister
Subsidiarization; dan (iii) Menteri Hukum dan of Law and Human Rights of the Republic of
Hak Asasi Manusia Republik Indonesia Indonesia Directorate of Administration of
Direktorat Jenderal Administrasi Hukum Umum General Law by letter dated 22 January 2019
melalui surat tertanggal 22 Januari 2019 Nomor Number AHU-0006169.AH.01.10.Year 2019
AHU-0006169.AH.01.10. Tahun 2019 mengenai regarding the Approval of Amendment of
Persetujuan Perubahan Anggaran Dasar Articles of Association of Limited Liability
Perseroan Terbatas PT BANK BTPN Tbk dan Company PT BANK BTPN Tbk and letter dated
surat tertanggal 22 Januari 2019 Nomor 22 January 2019 Number AHU-AH.01.03-
AHU-AH.01.03-0044411 mengenai 0044411 regarding the Acceptance of
Penerimaan Pemberitahuan Perubahan Data Notification of Company Data Submission of
Perseroan PT BANK BTPN Tbk serta surat PT BANK BTPN Tbk as well as letter dated
tertanggal 22 Januari 2019 Nomor 22 January 2019 Number
AHU-AH.01.10-0006176 mengenai Penerimaan AHU-AH.01.10-0006176 regarding
Pemberitahuan Penggabungan Perseroan Acceptance on Notification of Merger of
PT BANK BTPN Tbk. PT BANK BTPN Tbk.
Sehubungan dengan penggabungan usaha antara In relation with merger between PT Bank
PT Bank Tabungan Pensiunan Nasional Tbk Tabungan Pensiunan Nasional Tbk ("BTPN") and
(“BTPN”) dan PT Bank Sumitomo Mitsui Indonesia PT Bank Sumitomo Mitsui Indonesia ("SMBCI"),
(“SMBCI”), penggabungan usaha dilakukan the merger was conducted through the issuance
melalui penerbitan instrumen ekuitas BTPN of equity instrument of BTPN to Sumitomo Mitsui
kepada Sumitomo Mitsui Banking Corporation Banking Corporation (the shareholder of both
(pemegang saham BTPN dan SMBCI) sebesar BTPN and SMBCI) of 2,296,846,112 fully paid
2.296.846.112 lembar saham biasa disetor penuh ordinary shares of BTPN with nominal value
dengan nilai nominal sebesar Rp 20 (nilai penuh) amounting to Rp 20 (full amount) per share.
per saham.
Nilai wajar saham BTPN pada tanggal The fair value of BTPN’s shares as of
1 Februari 2019 adalah Rp 4.282 (nilai penuh) per 1 February 2019 was Rp 4,282 (full amount) per
lembar saham. Rasio konversi atas konversi share. Conversion ratio of the conversion of
saham SMBCI menjadi saham BTPN adalah SMBCI’s share into BTPN’s share was 799.1971.
sebesar 799,1971.
Penggabungan usaha antara BTPN dan SMBCI The merger between BTPN and SMBCI is a
merupakan transaksi penggabungan usaha business combination under common control
entitas sepengendali. Pada tanggal efektif merger, transaction. As at the effective date of merger,
baik BTPN dan SMBCI merupakan entitas both BTPN and SMBCI are entites under
sepengendalian dan hubungan sepengendalian common control and the common control
tersebut tidak bersifat sementara. Transaksi relationship is not transitory. Business
kombinasi bisnis antara entitas sepengendali combination transaction between entites under
dilakukan dalam rangka reorganisasi entitas- common control is done in the event of
entitas yang berada dalam suatu kelompok yang reorganisation of entities under the same group
sama dan bukan merupakan perubahan which does not constitute change in ownership by
kepemilikan dalam arti substansi ekonomi. Oleh economic substance. Therefore, the transaction
karena itu, transaksi ini diakui pada jumlah tercatat is recognized at carrying amount under pooling of
berdasarkan metode penyatuan kepemilikan interest method.
(pooling of interest).
Selisih nilai transfer entitas sepengendali Net transfer under common control entities above
di atas dicatat sebagai tambahan modal disetor. was recorded as additional paid-in capital. As a
Atas transaksi ini, Bank mencatat tambahan modal result of this transaction, the Bank recorded
disetor dan agio saham masing-masing sebesar additional share capital and paid-in capital
Rp 45.937 dan Rp 9.708.197. amounting to Rp 45,937 and
Rp 9,708,197, respectively.
15
Page 404
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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)
c. Perubahan Modal Karena Aksi Korporasi c. Changes in Capital Due to Corporate
Actions
Penawaran Umum Perdana Saham Initial Public Offering
Berdasarkan Rapat Umum Pemegang Saham Based on Extraordinary General Meeting of
Luar Biasa (RUPSLB) tanggal 8 Juni 2007, para Shareholders (EGMS) dated 8 June 2007, the
pemegang saham menyetujui rencana shareholders approved the Initial Public
Penawaran Umum Saham Perdana Biasa Offering of Ordinary Shares plan to public
kepada masyarakat melalui pasar modal serta through capital market and listing of the Bank’s
melakukan pencatatan saham Bank di Bursa shares at Indonesia Stock Exchange.
Efek Indonesia.
Bank melakukan penawaran umum perdana The Bank undertook an initial public offering of
atas 267.960.220 saham dengan nilai nominal 267,960,220 shares with a nominal value of
sebesar Rp 100 (nilai penuh) setiap saham Rp 100 (full amount) per share with offering
dengan harga penawaran setiap saham price of Rp 2,850 (full amount) per share to the
sebesar Rp 2.850 (nilai penuh) kepada public in Indonesia. The shares were listed at
masyarakat di Indonesia. Saham tersebut Indonesia Stock Exchange on 12 March 2008.
dicatat di Bursa Efek Indonesia pada tanggal
12 Maret 2008.
Persetujuan atas Penawaran Umum Perdana Approval of the Initial Public Offering based on
Saham berdasarkan Surat dari Bapepam Letter from Bapepam No.S-1253/BL/2008
No. S-1253/BL/2008 tanggal 29 Februari 2008 dated 29 February 2008 regarding Notification
perihal Pemberitahuan Efektifnya Penyataan of the Effectiveness of the Registration
Pendaftaran. Statement.
Penambahan modal melalui Hak Memesan Increase of capital through Pre-Emptive
Efek Terlebih Dahulu (“HMETD”) Right (“HMETD”)
Berdasarkan RUPSLB tanggal 25 November Based on the EGMS dated 25 November 2010,
2010, para pemegang saham menyetujui the shareholders approved the Bank’s plan to
rencana Bank untuk menambah modal increase the Bank’s share capital through the
sahamnya melalui penerbitan Hak Memesan issuance of Pre-Emptive Right I (“HMETD I”),
Efek Terlebih Dahulu I (“HMETD I”), dengan by issuing shares from the Bank’s portfolio
cara mengeluarkan saham dari portepel Bank. shares.
Pada tanggal 10 Desember 2010 telah On 10 December 2010, the Bank’s shares were
dicatatkan pada Bursa Efek Indonesia listed at the Indonesia Stock Exchange
sebanyak 188.787.238 saham baru atas nama with 188,787,238 new registered shares with
dengan nominal Rp 100 (nilai penuh) per saham value of Rp 100 (full amount) per share;
sehingga jumlah saham yang ditempatkan dan accordingly, the number of shares issued and
disetor penuh yang semula sebesar fully paid changed from 943,936,190 shares to
943.936.190 saham menjadi sejumlah 1,132,723,428 shares.
1.132.723.428 saham.
Persetujuan atas Penerbitan HMETD I Approval of the Issuance of HMETD I based on
berdasarkan Surat dari Bapepam Letter from Bapepam No.S-10615/BL/2010
No.S-10615/BL/2010 tanggal 24 November dated 24 November 2010 regarding Notification
2010 perihal Pemberitahuan Efektifnya of the Effectiveness of the Registration
Penyataan Pendaftaran. Statement.
Bank mendapatkan tambahan modal disetor The Bank obtained Rp 18,878 additional share
sebesar Rp 18.878 dan agio saham sebesar capital and Rp 1,293,458 additional paid-in
Rp 1.293.458. capital.
16
Page 405
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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)
c. Perubahan Modal Karena Aksi Korporasi c. Changes in Capital Due to Corporate
(lanjutan) Actions (continued)
Penawaran Umum Perdana Saham (lanjutan) Initial Public Offering (continued)
Pemecahan saham Stock split
Berdasarkan RUPSLB tanggal 25 Februari j Based on EGSM dated 25 February 2011, the
2011, para pemegang saham menyetujui n shareholders approved the Bank’s plan to split
rencana Bank untuk melakukan pemecahan n share from nominal value of Rp 100 (full
nilai nominal saham dari Rp 100 (nilai penuh) n amount) per share to Rp 20 (full amount) per
per saham menjadi Rp 20 (nilai penuh) per j share; accordingly, it changed the number of
saham, sehingga jumlah saham yang n shares issued and fully paid from
ditempatkan dan disetor penuh yang semula j 1,132,723,428 shares with nominal value of
sebesar 1.132.723.428 saham dengan nilai n Rp 100 (full amount) per share to
nominal Rp 100 (nilai penuh) per saham akan s 5,663,617,140 shares with nominal value of
menjadi sejumlah 5.663.617.140 saham j Rp 20 (full amount) per share.
dengan nilai nominal Rp 20 (nilai penuh) per n
saham.
Pada tanggal 28 Maret 2011, saham Bank On 28 March 2011, the Bank’s shares were
dicatatkan pada Bursa Efek Indonesia listed at the Indonesia Stock Exchange for
sebanyak 5.606.980.970 saham dengan nilai 5,606,980,970 shares with nominal value of
nominal Rp 20 (nilai penuh) per saham. Rp 20 (full amount) per share.
Peningkatan modal melalui Convertible Capital increase through Convertible Loan
Loan
Pada tanggal 14 Maret 2012, Bank telah On 14 March 2012, the Bank obtained
mendapatkan persetujuan untuk meningkatkan an approval to increase issued and paid-up
modal ditempatkan dan modal disetor dengan capital by issuing 176,670,117 shares from the
mengeluarkan 176.670.117 saham baru dari Bank’s unissued shares to International
portepel kepada International Finance Finance Corporation (“IFC”) in accordance with
Corporation (“IFC”) sesuai dengan syarat dan terms and condition in the Convertible Loan
ketentuan Convertible Loan Agreement. Agreement. Afterwards, those Bank’s shares
Setelah itu, saham tersebut telah tercatat pada were listed at Indonesia Stock Exchange. Total
Bursa Efek Indonesia. Total modal disetor dan issued and paid-up capital of the Bank after the
ditempatkan Bank setelah Penambahan Modal Capital Increases without Pre-Emptive Rights
Tanpa Hak Memesan Efek Terlebih Dahulu was 5,840,287,257 shares.
menjadi 5.840.287.257 saham.
Bank mendapatkan tambahan modal disetor The Bank obtained Rp 3,533 additional share
sebesar Rp 3.533 dan agio saham sebesar capital and Rp 135,927 additional paid-in
Rp 135.927. capital.
17
Page 406
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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)
c. Perubahan Modal Karena Aksi Korporasi c. Changes in Capital Due to Corporate
(lanjutan) Actions (continued)
Pembelian kembali saham Shares buyback
Melalui surat OJK No. S-20/PB.31/2016 The Bank was approved by OJK to conduct
tanggal 18 Februari 2016, Bank telah shares buyback by letter No. S-20/PB.31/2016
memperoleh persetujuan OJK untuk melakukan dated 18 February 2016. In the implementation
pembelian kembali (buyback) saham. Dalam of shares buyback by the Bank, the allocated
pelaksanaan pembelian kembali saham yang fund up to Rp 535,500 to buy up to 150,000,000
dikeluarkan oleh Bank, jumlah alokasi dana shares or 2.57% of the Bank’s issued and fully
tidak melebihi Rp 535.500 untuk membeli paid-up capital shall be done between
sebanyak-banyaknya 150.000.000 saham atau 23 February 2016 and 23 May 2016. Up to
2,57% dari modal ditempatkan dan disetor 23 May 2016, the Bank had repurchased
penuh Bank, yang akan dilakukan dalam 95,198,900 shares using total purchasing fund
periode dari tanggal 23 Februari 2016 sampai amounting to Rp 262,874.
dengan 23 Mei 2016. Sampai dengan tanggal
23 Mei 2016, Bank telah membeli kembali
saham Bank sebanyak 95.198.900 lembar
saham dengan total dana pembelian sebesar
Rp 262.874.
Tujuan dari pembelian kembali saham adalah The objective of conducting shares buyback is
untuk memberikan fleksibilitas untuk mencapai to provide flexibility to achieve an efficient
struktur permodalan yang efisien dan capital structure and enable the Bank to lower
memungkinkan untuk menurunkan keseluruhan the overall cost of capital, increasing the
biaya modal, meningkatkan laba per saham Earnings per Share (EPS) and Return on Equity
(EPS), serta Return on Equity (ROE) secara (ROE) on an on-going basis.
berkelanjutan.
Pengalihan Saham Tresuri Transfer of Treasury Shares
Di dalam rangka memenuhi Peraturan OJK In compliance with OJK Regulation
No.02/POJK.04/2013 tanggal 26 Agustus 2013 No.02/POJK.04/2013 dated 26 August 2013
mengenai Pembelian Kembali Saham yang regarding the Buyback of Issued Shares by
Dikeluarkan oleh Emiten atau Perusahaan Issuers or Public Companies in Significantly
Publik dalam Kondisi Pasar yang Berfluktuasi Fluctuating Market Conditions and the
secara signifikan dan keputusan Rapat Umum resolution of the Annual General Meeting of
Pemegang Saham Tahunan tanggal 22 April Shareholders dated 22 April 2021 on the sixth
2021 atas agenda keenam mengenai agenda regarding the transfer of shares
pengalihan saham hasil pembelian kembali resulted from the buy back which are retained
yang disimpan sebagai saham tresuri untuk as treasury shares to be utilized for variable
pemberian remunerasi yang bersifat variable, remuneration, hence on 31 August 2021, the
maka pada tanggal 31 Agustus 2021, Bank Bank has transferred 2,633,202 shares
telah mengalihkan sebanyak 2.633.202 saham registered under treasury shares to Material
yang dicatat sebagai saham tresuri kepada Risk Takers. While the remaining 92,565,698
para Material Risk Takers. Sementara itu, shares registered under treasury shares will be
sebanyak 92.565.698 sisa saham yang dicatat sold back to the market through Stock
sebagai saham tresuri akan dijual kembali ke Exchange starting 14 October 2021.
pasar melalui Bursa Efek mulai tanggal
14 Oktober 2021.
Rapat Umum Pemegang Saham Luar Biasa Extraordinary General Meeting of Shareholders
tanggal 7 Desember 2023 telah menyetujui dated 7 December 2023 approved the
penarikan 92.292.198 saham tresuri dan withdrawal of 92,292,198 treasury shares and
karenanya akan mengurangi modal Diterbitkan therefore will reduce the Issued as well as Paid-
serta Modal Disetor Bank dan menambah up Capital and increase the Portfolio Capital,
Modal Dalam Portepel, apabila Kreditur tidak subject to the Creditor’s objection within
keberatan dengan rencana ini dalam batas particular time limit according to the Law of
jangka waktu tertentu sesuai dengan Undang- Republic of Indonesia on Limited Liability
undang Republik Indonesia tentang Perseroan Company No.40 year 2007.
Terbatas No.40 tahun 2007.
18
Page 407
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. Efek-efek yang diterbitkan d. Securities issued
Utang obligasi Bonds payable
Tingkat
Tanggal bunga
Pernyataan Jumlah jatuh setahun/
efektif/ pokok/ Jangka tempo/ Interest
Effective Persetujuan/ Nominal waktu/ Maturity rate per
Nama/Name registration Approval value Tenor date annum
Obligasi Berkelanjutan IV 27 November/ Dinyatakan efektif oleh 26 7.55%
Seri/Series A: Seri/Series A:
Bank BTPN Tahap I Tahun November OJK, melalui suratnya November/
799.000 3 tahun/years
2019 Dengan Tingkat Bunga 2019 No. S-168/D.04/2019 November
Tetap (“Obligasi tanggal 15 November 2022
Berkelanjutan IV Tahap I”)/ 2019/ Became effective by
Bank BTPN Continuing OJK through its letter No. 26 7.75%
Seri/Series B: Seri/Series B:
Bonds IV Phase I Year 2019 S-168/D.04/2019 dated November/
201.000 5 tahun/years
with a fixed interest rate 15 November 2019 November
(“Continuing Bonds IV Phase 2024
I”)
Seluruh utang obligasi yang diterbitkan Bank All bonds issued by the Bank were listed at the
dicatatkan di Bursa Efek Indonesia dan Indonesia Stock Exchange and the funds are
dananya dipergunakan untuk pertumbuhan used for business growth in form of credit
usaha dalam bentuk ekspansi kredit. expansion.
PT Bank Mega Tbk bertindak sebagai Wali PT Bank Mega Tbk acts as the Trustee for
Amanat atas Obligasi Berkelanjutan IV Tahap I. Continuing Bonds IV Phase I.
e. Dewan Komisaris, Direksi, Komite Audit, e. Board of Commissioners, Board of
Sekretaris Perusahaan dan Satuan Kerja Directors, Audit Committee, Corporate
Audit Internal Secretary and Internal Audit Unit
Pada tanggal 31 Desember 2023 dan 2022 As of 31 December 2023 and 2022, the
susunan Dewan Komisaris dan Direksi Bank composition of Board of Commissioners and
adalah sebagai berikut: Board of Directors was as follows:
31 Desember/December
2023 2022
Dewan Komisaris Board of Commissioners
Komisaris Utama Chow Ying Hoong Chow Ying Hoong President Commissioner
Komisaris Takeshi Kimoto Takeshi Kimoto Commissioner
Komisaris Independen Ninik Herlani Masli Ridhwan Ninik Herlani Masli Ridhwan Independent Commissioner
Komisaris Independen Onny Widjanarko*) Irwan Mahjudin Habsjah Independent Commissioner
Komisaris Independen Edmund Tondobala Edmund Tondobala Independent Commissioner
Komisaris Ongki Wanadjati Dana Ongki Wanadjati Dana Commissioner
Direksi Board of Directors
Direktur Utama Henoch Munandar Henoch Munandar President Director
Wakil Direktur Utama Kaoru Furuya Kaoru Furuya Deputy President Director
Wakil Direktur Utama Darmadi Sutanto Darmadi Sutanto Deputy President Director
Direktur Kepatuhan Dini Herdini Dini Herdini Compliance Director
Direktur Atsushi Hino**) Kan Funakoshi Director
Direktur Keishi Kobata***) Hiromichi Kubo Director
Direktur Merisa Darwis Merisa Darwis Director
Direktur Hanna Tantani Hanna Tantani Director
*) Onny Widjanarko diangkat sebagai Komisaris Independen pada RUPS Tahunan tanggal 13 April 2023 dan *) Onny Widjanarko was appointed as Independent Commissioner at Annual GMS on 13 April 2023 and has
efektif menjabat sejak tanggal 8 Mei 2023. been effective assume the office on 8 May 2023.
**) Atsushi Hino diangkat sebagai Direktur pada RUPS Tahunan tanggal 13 April 2023 dan efektif menjabat **) Atsushi Hino was appointed as Director at Annual GMS on 13 April 2023 and has been effective assume
sejak tanggal 15 Mei 2023. the office on 15 May 2023.
***) Keishi Kobata diangkat sebagai Direktur pada RUPS Luar Biasa tanggal 22 Juni 2023 dan efektif ***) Keishi Kobata was appointed as Director at Extraordinary GMS on 22 June 2023 an has been effective
menjabat sejak tanggal 25 Juli 2023. assume the office on 25 July 2023.
Susunan Komite Audit Bank pada tanggal The composition of the Audit Committee as of
31 Desember 2023 dan 2022 terdiri dari: 31 December 2023 and 2022 was as follows:
31 Desember/December
2023 2022
Ketua Ninik Herlani Masli Ridhwan Ninik Herlani Masli Ridhwan Chairman
Anggota Edmund Tondobala Edmund Tondobala Member
Anggota Aria Kanaka Aria Kanaka Member
Anggota Ivan Purnama Sanoesi Ivan Purnama Sanoesi Member
19
Page 408
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. Dewan Komisaris, Direksi, Komite Audit, e. Board of Commissioners, Board of
Sekretaris Perusahaan dan Satuan Kerja Directors, Audit Committee, Corporate
Audit Internal (lanjutan) Secretary and Internal Audit Unit (continued)
Sekretaris Perusahaan Corporate Secretary
Sekretaris Perusahaan pada tanggal The Corporate Secretary as of
31 Desember 2023 dan 2022 adalah Eneng 31 December 2023 and 2022 was Eneng Yulie
Yulie Andriani. Andriani.
Satuan Kerja Audit Internal Internal Audit Unit
Kepala Satuan Kerja Audit Internal pada Head of Internal Audit as of
tanggal 31 Desember 2023 dan 2022 adalah 31 December 2023 and 2022 was
Nurhajati Soerjo Hadi. Nurhajati Soerjo Hadi.
f. Entitas Anak f. Subsidiaries
Bank mempunyai kepemilikan pada entitas The Bank has ownership in the following
anak sebagai berikut: subsidiaries:
Tahun
Persentase kepemilikan/ mulai operasi Jumlah aset/
Percentage of ownership komersial/ Total assets
year of
Bidang usaha/ starting
Entitas Anak/ Domisili/ Business 30 Desember/ 31 Desember/ commercial 31 Desember/ 31 Desember/
Subsidiaries Domicile activities December 2023 December 2022 operations December 2023 December 2022
Perbankan/
PT BANK BTPN SYARIAH Tbk Jakarta Banking 70.0% 70.0% 2014 21,435,366) 21,161,976)
PT BTPN SYARIAH Modal Ventura/
VENTURA* Jakarta Venture Capital 70.3% 70.3% 2022 320,596) 313,497)
Kepemilikan tidak langsung melalui PT BANK BTPN SYARIAH Tbk Indirect ownership through PT BANK BTPN SYARIAH Tbk of 69.3% and
sebesar 69,3% dan kepemilikan langsung sebesar 1,0%. direct ownership of 1.0%.
PT BANK BTPN SYARIAH Tbk PT BANK BTPN SYARIAH Tbk
PT BANK BTPN SYARIAH Tbk berkantor pusat PT BANK BTPN SYARIAH Tbk’s head office is
di Menara BTPN, lantai 12, CBD Mega located at Menara BTPN 12th floor, CBD Mega
Kuningan, Jl. Dr. Ide Anak Agung Gde Agung Kuningan, Jl. Dr. Ide Anak Agung Gde Agung
Kav 5.5 - 5.6, Jakarta Selatan 12950. Kav 5.5 - 5.6, Jakarta Selatan 12950.
Pada tanggal 19 Juli 2013, Bank Indonesia On 19 July 2013, Bank Indonesia approved the
menyetujui rencana Bank untuk melakukan Bank’s plan to acquire 70% shares of PT Bank
akuisisi sebesar 70% saham PT Bank Sahabat Sahabat Purba Danarta (“BSPD”) through its
Purba Danarta (”BSPD”) melalui suratnya letter No. 15/10/DPBI/PBI-5/rahasia which is
No. 15/10/DPBI/PBI-5/Rahasia dengan syarat subject to the change of BSPD’s business
dilakukan perubahan atas kegiatan usaha dari activites from a conventional bank into a
BSPD yang semula merupakan bank commercial bank under sharia principles.
konvensional menjadi bank umum berdasarkan
prinsip syariah.
Berdasarkan Akta Notaris No. 26 dan No. 27 Based on Notarial Deed No. 26 and No. 27
tanggal 30 Januari 2014 yang dibuat di dated 30 January 2014 before Hadijah S.H.,
hadapan Hadijah S.H., M.Kn, notaris di Jakarta, M.Kn., notary in Jakarta, the Bank has acquired
Bank telah melakukan akuisisi atas Entitas the Subsidiary and has become the majority
Anak dan menjadi pemegang saham shareholder. It was acknowledged by the
mayoritas. Hal ini telah diketahui oleh Ministry of Law and Human Rights of Republic
Kementerian Hukum dan Hak Asasi Manusia Indonesia through its letter No. AHU-AH.01.10-
Republik Indonesia melalui surat No. AHU- 04338 dated 12 February 2014.
AH.01.10-04338 tertanggal 12 Februari 2014.
20
Page 409
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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)
f. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT BANK BTPN SYARIAH Tbk (lanjutan) PT BANK BTPN SYARIAH Tbk (continued)
Pemisahan Unit Usaha Syariah Spin off of Sharia Business Unit
Pada tanggal 20 Januari 2014, Rapat Umum On 20 January 2014, the Bank’s Extraordinary
Pemegang Saham Luar Biasa Bank yang General Meeting of Shareholders which was
diaktakan dengan Akta Notaris No. 8 tanggal notarised by Notarial Deed No. 8 dated 4 July
4 Juli 2014 di hadapan Hadijah, S.H., M.Kn., 2014 before Hadijah, S.H., M.Kn., notary in
notaris di Jakarta dan telah menyetujui Jakarta approved the spin-off of the sharia
pemisahan Unit Usaha Syariah PT Bank business unit of PT Bank Tabungan Pensiunan
Tabungan Pensiunan Nasional Tbk (“UUS Nasional Tbk (“UUS BTPN”) from PT Bank
BTPN”) dari PT Bank Tabungan Pensiunan Tabungan Pensiunan Nasional Tbk (“BTPN”).
Nasional Tbk (“BTPN”). Pemisahan dilakukan The spin-off was made with reference to Bank
dengan mengacu kepada Peraturan Bank Indonesia Regulation No.11/10/PBI/2009 which
Indonesia No. 11/10/PBI/2009 yang telah has been amended by PBI No. 15/14/PBI/2013
diubah dengan PBI No. 15/14/PBI/2013 tentang regarding Sharia Business Unit. The
Unit Usaha Syariah. Pendirian tersebut telah establishment has been approved by Bank
disetujui oleh Bank Indonesia melalui dua Indonesia in two stages, i.e. the approval of the
tahap, yaitu persetujuan izin konversi dan izin conversion permit and spin-off permit.
pemisahan.
Proses Konversi Izin Usaha Conversion of business license
Pada tanggal 22 Mei 2014, Bank mendapatkan On 22 May 2014, the Subsidiary received its
izin dari Bank Indonesia untuk melaksanakan permit from Bank Indonesia regarding
konversi BSPD berdasarkan Surat Keputusan conversion of BSPD based on the Decision
Dewan Komisioner Otoritas Jasa Keuangan Letter of Board of Commissioner of Otoritas
(“OJK”) No.Kep-49/D-03/2014. Izin tersebut Jasa Keuangan (“OJK”) No.Kep-49/D-03/2014.
mengubah kegiatan usaha Entitas Anak dari The permit changed the Subsidiary’s business
bank umum konvensional menjadi bank umum activities from conventional commercial bank to
yang melaksanakan kegiatan usaha commercial bank which conducts business
berdasarkan prinsip syariah. activities based on sharia principles.
Pada tanggal 23 Juni 2014, Entitas Anak On 23 June 2014, the Subsidiary received its
memperoleh izin pemisahan dari OJK spin-off permit from OJK based on the Letter
berdasarkan Surat No: S-17/PB.1/2014. No: S - 17/PB.1/2014. The spin-off of UUS
Pemisahan UUS BTPN dilakukan dengan Akta BTN was made under Spin-off Deed No. 8
Pemisahan No. 8 tanggal 4 Juli 2014 yang dated 4 July 2014 and was notarised by
dibuat di hadapan Hadijah, S.H., M.Kn., notaris Hadijah, S.H., M.Kn., notary in Jakarta.
di Jakarta. Selanjutnya, pemisahan terjadi Furthermore, the spin-off became effective on
secara efektif pada tanggal 14 Juli 2014 dan 14 July 2014 and the Subsidiary started its
Entitas Anak memulai kegiatan usaha operational activity based on sharia principles,
berdasarkan prinsip syariah, sebagaimana as reported to Bank Indonesia through
yang dilaporkan kepada Bank Indonesia its letter No. S.031/DIR/LG/VII/2014 dated
dengan surat No. S.031/DIR/LG/VII/2014 17 July 2014 regarding the Report on the
tanggal 17 Juli 2014 perihal Laporan Implementation of the Opening of Sharia
Pelaksanaan Pembukaan Bank Umum Syariah Commercial Bank Resulting from the Spin-Off.
Hasil Pemisahan.
Perubahan Nama Entitas Anak Subsidiary’s Change of Name
Berdasarkan Akta Notaris No. 25 tanggal Pursuant to the Notarial Deed No. 25 dated
27 Agustus 2013 juncto Akta Notaris No. 30 27 August 2013 juncto Notarial Deed No. 30
tanggal 25 September 2013 keduanya dibuat di dated 25 September 2013 before Hadijah, S.H.,
hadapan Notaris Hadijah, S.H., M.Kn., BSPD M.Kn., BSPD changed its name to PT Bank
mengubah namanya menjadi PT Bank Tabungan Pensiunan Nasional Syariah. The
Tabungan Pensiunan Nasional Syariah. above change was approved by the Minister of
Perubahan di atas telah mendapat persetujuan Law and Human Rghts of the Republic of
dari Menteri Hukum dan Hak Asasi Manusia Indonesia through its letter No.
Republik Indonesia melalui Surat Keputusan AHU-50529.AH.01.02 Year 2013 dated
No. AHU-50529.AH.01.02 Tahun 2013 tanggal 1 October 2013 and has been published in State
1 Oktober 2013 dan telah diumumkan dalam Gazette No.94 year 2013, in supplement of the
Berita Negara Republik Indonesia Nomor 94 State Gazette No. 124084 dated
tahun 2013, tambahan Berita Negara Republik 22 November 2013.
Indonesia No. 124084 tanggal
22 November 2013.
21
Page 410
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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)
f. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT BANK BTPN SYARIAH Tbk (lanjutan) PT BANK BTPN SYARIAH Tbk (continued)
Perubahan Nama Entitas Anak (lanjutan) Subsidiary’s Change of Name (continued)
Entitas Anak mengubah kembali namanya The Subsidiary further changed its name to
menjadi PT BANK BTPN SYARIAH Tbk PT BANK BTPN SYARIAH Tbk pursuant to the
sebagaimana didasarkan pada Akta No. 26 Notarial Deed No. 26 dated 16 April 2020,
tanggal 16 April 2020, yang dibuat di hadapan before Ashoya Ratam, SH, MKn, Notary in
Ashoya Ratam, S.H., M.Kn., Notaris di Jakarta Administrative City of South Jakarta, which was
Selatan, yang telah mendapat persetujuan dari approved by the Minister of Law and Human
Kementerian Hukum dan Hak Asasi Manusia Rights of the Republic of Indonesia through its
Republik Indonesia berdasarkan Surat letter No. AHU- 0034666.AH.01.02.TAHUN
No. AHU-0034666.AH. 01.02.TAHUN 2020 2020 dated 8 May 2020 and the Letter of
tanggal 8 Mei 2020, dan Surat Penerimaan Acceptance of the amendment to the Articles of
Pemberitahuan Perubahan Anggaran Dasar Association No. No. AHU-AH.01.03-0214020
No. AHU-AH.01.03-0214020 tanggal 8 Mei dated 8 May 2020, The change of name of the
2020, dan telah mendapatkan persetujuan BTPNS has been approved based on the letter
Perubahan Nama ini berdasarkan Surat dari from the Financial Services Authority (“OJK”)
Otoritas Jasa Keuangan (OJK) nomor number S-66/PB.101/2020 dated 4 June 2020
S-66/PB.101/2020 tanggal 4 Juni 2020 perihal concerning the determination of the use of
Permohonan Penetapan Penggunaan Izin Business License on behalf PT Bank Tabungan
Usaha karena Perubahan Nama PT Bank Pensiunan Nasional Syariah Tbk into PT BANK
Tabungan Pensiunan Nasional Syariah Tbk BTPN SYARIAH Tbk and the Copy of Approval
menjadi PT BANK BTPN SYARIAH Tbk dan of Deputi Komisioner Pengawas Perbankan I
Salinan Keputusan Deputi Komisioner OJK Number KEP-99/PB.1/2020 dated 4 June
Pengawas Perbankan I OJK Nomor KEP- 2020.
99/PB.1/2020 tanggal 4 Juni 2020.
Anggaran Dasar Articles of Association
Setelah menjadi Bank Umum Syariah, Entitas The Subsidiary’s Articles of Association have
Anak telah melakukan beberapa kali perubahan been amended several times, after becoming
Anggaran Dasar. Perubahan terakhir Anggaran Sharia Commercial Bank. The latest
Dasar Entitas Anak sebagaimana tercantum amendment to the Articles of Association of the
dalam Akta No. 35 tanggal 21 April 2021, yang Subsidiary was stated in deed No. 35 dated
dibuat di hadapan Ashoya Ratam, S.H., M.Kn., 21 April 2021, which was notarised by Ashoya
notaris di Jakarta, penyesuaian dengan POJK Ratam, S.H., M.Kn., notary in Jakarta
No. 14/POJK.04/2019, POJK No. adjustment to OJK Regulation No.
15/POJK.04/2020 dan POJK No. 14/POJK.04/2019, No. 15/POJK.04/2020 and
16/POJK.04/2020. Akta tersebut telah No. 16/POJK.04/2020. The deed was approved
memperoleh persetujuan Menteri Hukum dan by Minister of Law and Human Rights of the
Hak Asasi Manusia Republik Indonesia Republic of Indonesia through its Letter of
berdasarkan Surat Penerimaan Pemberitahuan Acceptance of the amendment to the Articles of
Perubahan Anggaran Dasar No. Association No. AHU-AH.01.03-0309443 dated
AHU-AH.01.03-0309443 tanggal 17 Mei 2021. 17 May 2021.
Susunan Direksi, Dewan Komisaris dan Board of Directors, Board of Commissioners
Dewan Pengawas Syariah and Sharia Supervisory Board
Susunan terkini Direksi, Dewan Komisaris dan The latest composition of the Board of Directors,
Dewan Pengawas Syariah Entitas anak the Board of Commissioners and the Sharia
sebagaimana dituangkan ke dalam Akta Supervisory Board of the Subsidiary as
Pernyataan Keputusan Rapat Umum specified in the Deed of Statement of
Pemegang Saham Tahunan PT BANK BTPN Resolutions of the Annual General Meeting of
SYARIAH Tbk Nomor 46 tanggal 27 April 2023 Shareholders of PT BANK BTPN SYARIAH Tbk
yang dibuat oleh Ashoya Ratam, SH, MKn, Number 46 dated 27 April 2023 made by
Notaris di Kota Administrasi Jakarta Selatan Ashoya Ratam, SH, MKn, Notary in
dan telah diterima dan dicatat di dalam Sistem Administrative City of South Jakarta and has
Administrasi Badan Hukum melalui Surat been received and recorded in Legal Entity
Keputusan Menteri Hukum dan Hak Asasi Administration System through Decree Letter of
Manusia Republik Indonesia Nomor No. Minister of Law and Human Rights of the
AHU-AH.01.09-0112846 tanggal 27 April 2023 Republic of Indonesia No.
perihal Penerimaan Pemberitahuan Perubahan AHU-AH.01.09-0112846 dated 27 April 2023
Data Perseroan PT BANK BTPN SYARIAH regarding Receipt of Notification on the Change
Tbk. of Data of Company of PT BANK BTPN
SYARIAH Tbk.
22
Page 411
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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)
f. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT BANK BTPN SYARIAH Tbk (lanjutan) PT BANK BTPN SYARIAH Tbk (continued)
Maksud dan Tujuan serta Kegiatan Usaha The Objectives and Scope of Activities
Sesuai dengan pasal 3 Anggaran Dasar Entitas In accordance with article 3 of the Subsidiary’s
Anak, maksud dan tujuan serta kegiatan Entitas Articles of Association, the Subsidiary’s
Anak adalah melakukan kegiatan usaha di objective and scope of activities is to engage in
bidang perbankan berdasarkan prinsip syariah. banking industry based on sharia principles.
Penawaran Umum Perdana Saham Initial Public Offering
Berdasarkan Rapat Umum Pemegang Saham Pursuant to the Subsidiary’s Circular Resolution
Luar Biasa (RUPSLB) Entitas Anak yang of the Shareholders in lieu of the Extraordinary
dilakukan melalui surat edaran resolusi General Meeting of Shareholders (EGMS)
pemegang saham pada tanggal dated 16 November 2017, the shareholders
16 November 2017, para pemegang saham approved the plan to conduct Initial Public
menyetujui rencana Penawaran Umum Saham Offering of Ordinary Shares to public through
Perdana Biasa kepada masyarakat melalui capital market and listing of the Subsidiary’s
pasar modal serta melakukan pencatatan shares at the Indonesia Stock Exchange. On
saham Bank di Bursa Efek Indonesia. Pada 25 April 2018, the Subsidiary obtained the
tanggal 25 April 2018, Entitas Anak effective notification from OJK through letter No.
memperoleh pernyataan efektif dari OJK S-36/D-04/2018 for this initial public offering.
dengan surat No. S-36/D-04/2018 untuk
penawaran umum saham perdana tersebut.
Entitas Anak melakukan penawaran umum The Subsidiary undertook an initial public
perdana atas 770.370.000 saham dengan nilai offering of 770,370,000 shares with a nominal
nominal sebesar Rp 100 (nilai penuh) setiap value of Rp 100 (full amount) per share with
saham dengan harga penawaran setiap saham offering price of Rp 975 (full amount) per share
sebesar Rp 975 (nilai penuh) kepada to the public in Indonesia. The shares were
masyarakat di Indonesia. Saham tersebut listed at the Indonesia Stock Exchange on
dicatat di Bursa Efek Indonesia pada tanggal 8 May 2018. The funds received by the
8 Mei 2018. Dana yang diterima oleh Entitas Subsidiary from the initial public offering
Anak atas penawaran umum perdana adalah amounting to Rp 735,020 (net of issuance costs
sebesar Rp 735.020 (setelah biaya emisi dan and tax).
pajak).
Atas tambahan saham yang diterbitkan In relation to the additional shares issued in
sehubungan dengan penawaran umum connection with the initial public offering of the
perdana Entitas Anak kepada publik, jumlah Subsidiary to the public, the Bank's ownership
kepemilikan Bank atas Entitas Anak menurun in the Subsidiary decreased from 70% to 63%.
dari 70% menjadi 63%.
Akuisisi dari kepentingan non-pengendali Acquisition of non-controlling interest of
pada Entitas Anak Subsidiary
Pada tanggal 11 Mei 2018, Bank mengakuisisi On 11 May 2018, the Bank acquired 7% shares
7% saham atas Entitas Anak dengan imbalan of Subsidiary for a purchase consideration of
pembelian sebesar Rp 550.045. Kepentingan Rp 550,045. The non-controlling interest in
non-pengendali Entitas Anak pada tanggal Subsidiary on the date of acquisition was
akuisisi adalah Rp 525.778. Dengan demikian, Rp 525,778. Therefore, the Bank’s ownership in
kepemilikan Bank atas Entitas Anak kembali the Subsidiary became 70%. The effect of
menjadi 70%. Dampak perubahan atas changes in the ownership interest of Subsidiary
kepemilikan saham Entitas Anak adalah was as follows:
sebagai berikut:
23
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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)
f. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT BANK BTPN SYARIAH Tbk (lanjutan) PT BANK BTPN SYARIAH Tbk (continued)
Akuisisi dari kepentingan non-pengendali Acquisition of non-controlling interest of
pada Entitas Anak (lanjutan) Subsidiary (continued)
2018
Kepentingan non-pengendali yang diakuisisi 525,778) Non-controlling interest acquired
Imbalan yang dibayarkan kepada kepentingan
non-pengendali (550,045) Consideration paid to non-controlling interest
Selisih lebih imbalan uang dibayarkan yang (24,267) Excess of consideration
diakui pada ekuitas Bank paid as recorded in the Bank’s equity
Dampak transaksi dengan kepentingan non- Effects of transactions with non-controlling
pengendali pada ekuitas adalah sebagai interests on the equity was as follows:
berikut:
2018
Perubahan pada ekuitas: ) Changes in equity:
- Dampak atas penawaran umum
Perdana 209,242) Effect on initial public offering -
- Akuisisi saham tambahan pada Acquisition of additional interest in -
Entitas Anak (24,267) Subsidiary
Dampak bersih pada ekuitas 184,975) Net effect in equity
Pembagian dividen tunai oleh Entitas Anak Cash dividend distribution by Subsidiary
Entitas Anak membagikan dividen tunai untuk The Subsidiary distributed the third cash
tahun buku 2022 kepada para pemegang dividend to its shareholders based on the
saham berdasarkan persetujuan Rapat Umum approval of its Annual General Meeting of
Pemegang Saham Tahunan yang dilaksanakan Shareholders held on 12 April 2023. The amount
pada tanggal 12 April 2023. Adapun jumlah of cash dividends distributed was
dividen tunai yang dibagikan sebesar Rp 712,535 or Rp 92.50 (full amount) per share.
Rp 712.535 atau Rp 92,50 (nilai penuh) per
saham.
Pada tanggal 12 Mei 2023, PT Kustodian On 12 May 2023, PT Kustodian Sentral Efek
Sentral Efek Indonesia telah melakukan Indonesia distributed the Subsidiary’s cash
distribusi dividen tunai kepada pemegang dividend to shareholders (scriptless
saham (pemilik warkat scriptless) sesuai daftar Shareholders) according to list of shareholders
pemegang saham pada tanggal 2 Mei 2023. as of 2 May 2023.
Entitas Anak telah pula melaksanakan The Subsidiary had also carried out the
pembagian dividen tunai (warkat non-scriptless) distribution of cash dividend for non-scriptless
kepada PT BANK BTPN Tbk selaku pemegang shareholders to PT BANK BTPN Tbk as
saham pengendali, atas kepemilikan sebesar controlling shareholders, for 1% shares
1% yang tidak dicatatkan di Bursa Efek ownership that was not registered in the
Indonesia pada tanggal 12 Mei 2023. Indonesian Stock Exchange on 12 May 2023.
Adapun pay-out ratio atas pembagian dividen The pay-out ratio of the fourth distribution of
tunai keempat adalah maksimal sebesar 40%. cash dividend is the maximum of 40%.
24
Page 413
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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)
f. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT BANK BTPN SYARIAH Tbk (lanjutan) PT BANK BTPN SYARIAH Tbk (continued)
Pembagian dividen tunai oleh Entitas Anak Cash dividend distribution by Subsidiary
(lanjutan) (continued)
Entitas Anak membagikan dividen tunai untuk The Subsidiary distributed the third cash
tahun buku 2021 kepada para pemegang dividend to its shareholders based on the
saham berdasarkan persetujuan Rapat Umum approval of its Annual General Meeting of
Pemegang Saham Tahunan yang dilaksanakan Shareholders held on 21 April 2022. The amount
pada tanggal 21 April 2022. Adapun jumlah of cash dividends distributed was
dividen tunai yang dibagikan sebesar Rp 475,625 or Rp 61.75 (full amount) per share.
Rp 475.625 juta atau Rp 61,75 (nilai penuh) per
saham.
Pada tanggal 20 Mei 2022, PT Kustodian On 20 May 2022, PT Kustodian Sentral Efek
Sentral Efek Indonesia telah melakukan Indonesia distributed the Subsidiary’s cash
distribusi dividen tunai kepada pemegang dividend to shareholders (scriptless
saham (pemilik warkat scriptless) sesuai daftar Shareholders) according to list of shareholders
pemegang saham pada tanggal 11 Mei 2022. as of 11 May 2022.
Entitas Anak telah pula melaksanakan The Subsidiary had also carried out the
pembagian dividen tunai (warkat non-scriptless) distribution of cash dividend for non-scriptless
kepada PT BANK BTPN Tbk selaku pemegang shareholders to PT BANK BTPN Tbk as
saham pengendali, atas kepemilikan sebesar controlling shareholders, for 1% shares
1% yang tidak dicatatkan di Bursa Efek ownership that was not registered in the
Indonesia pada tanggal 20 Mei 2022. Indonesian Stock Exchange on 20 May 2022.
Adapun pay-out ratio atas pembagian dividen The pay-out ratio of the third distribution of cash
tunai ketiga adalah maksimal sebesar 32,5%. dividend is the maximum of 32.5%.
PT BTPN SYARIAH VENTURA PT BTPN SYARIAH VENTURA
PT BTPN SYARIAH VENTURA (BTPNS PT BTPN SYARIAH VENTURA (BTPNS
Ventura) berkantor di Jl. Radio Dalam No.100, Ventura)’s office is located at Jl. Radio Dalam
Kebayoran Baru, Jakarta Selatan 12140. No.100, Kebayoran Baru, Jakarta Selatan
12140.
Berdasarkan Akta Pendirian Nomor 36 tanggal Based on the Deed of Establishment Number
21 Oktober 2021 yang dibuat dihadapan Notaris 36 dated 21 October 2021, drawn up before
Ashoya Ratam, S.H., Mkn, Notaris di Jakarta Notary Ashoya Ratam, S.H., Mkn, Notary in
dan telah mendapat persetujuan dari Menteri Jakarta and has received approval from the
Hukum dan Hak Asasi Manusia Republik Minister of Law and Human Rights of the
Indonesia dalam Surat Keputusan No. Republic of Indonesia in Decree No.
AHU-0066702.AH.01.01.Tahun 2021 tanggal AHU-0066702.AH.01.01.Year 2021 dated
22 Oktober 2021, telah dibentuk entitas anak 22 October 2021, a subsidiary of PT BANK
dari PT BANK BTPN SYARIAH Tbk. BTPN SYARIAH Tbk.
Susunan Pemegang Saham terakhir BTPNS The latest composition of the Shareholders of
Ventura adalah sebagaimana dituangkan ke BTPNS Ventura is as specified in the Deed No.
dalam Akta No. 10 tanggal 10 Maret 2022 yang 10 dated 10 March 2022 made by Ashoya
dibuat oleh Ashoya Ratam, S.H., M.Kn., notaris Ratam, S.H., M.Kn., notary in Jakarta and has
di Jakarta dan telah diterima dan dicatat di been received and recorded in Legal Entity
dalam Sistem Administrasi Badan Hukum Administration System through Decree Letter of
melalui Surat Keputusan Menteri Hukum dan Ministry of Law and Human Rights of the
Hak Asasi Manusia Republik Indonesia No. Republic of Indonesia Number No.
AHU-AH.01.03-0158924 tanggal 10 Maret AHU-AH.01.03-0158924 dated 10 March 2022.
2022.
25
Page 414
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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)
f. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT BTPN SYARIAH VENTURA (lanjutan) PT BTPN SYARIAH VENTURA (continued)
Sedangkan Susunan Dewan Komisaris, Direksi Whereas the latest composition of the Board of
dan Dewan Pengawas Syariah BTPNS Ventura Commissioners, the Board of Directors and the
terakhir adalah sebagaimana dituangkan Sharia Supervisory Board of BTPNS Ventura is
kedalam akta Pernyataan Keputusan diluar as specified in the in the Deed of Circular
Rapat Umum Pemegang Saham nomor 40 Resolution of the General Meeting of
tanggal 30 Oktober 2023 yang dibuat oleh Shareholders number 40 dated 30 October
Ashoya Ratam, S.H., M.Kn., notaris di Jakarta 2023, made by Ashoya Ratam, S.H., M.Kn.,
dan telah diterima dan dicatat di dalam Sistem notary in Jakarta and has been received and
Administrasi Badan Hukum melalui Surat recorded in Legal Entity Administration System
Keputusan Menteri Hukum dan Hak Asasi through Decree Letter of Ministry of Law and
Manusia Republik Indonesia No. AHU- Human Rights of the Republic of Indonesia
AH.01.09-0181484 tanggal 3 November 2023. Number No. AHU-AH.01.09-0181484 dated
3 November 2023.
BTPNS Ventura telah mendapatkan perijinan BTPNS Ventura has obtained operational
operasional dari Otoritas Jasa Keuangan permits from the Financial Services Authority by
melalui Surat Keputusan Anggota Dewan means of letter Number KEP-23/D.05/2022
Komisaris Nomor KEP-23/D.05/2022 tanggal dated 20 May 2022, regarding the Granting of
20 Mei 2022 tentang Pemberian Izin Usaha Business Permit of Sharia Venture Capital
Perusahaan Modal Ventura Syariah kepada Company to PT BTPN SYARIAH VENTURA
PT BTPN SYARIAH VENTURA dan efektif and effectively carried out its operational
menjalankan kegiatan operasionalnya pada activities on 30 May 2022.
tanggal 30 Mei 2022.
Tujuan pendirian BTPNS Ventura adalah untuk The purpose of establishing BTPNS Ventura is
menunjang kegiatan usaha dan aspirasi Entitas to support the business activities and aspiration
Anak dalam mewujudkan digital ekosistem bagi of the Subsidiary in realizing a digital ecosystem
segmen yang dilayaninya. for the segment it served.
BTPNS Ventura merupakan perusahaan yang BTPNS Ventura is a company that carries out
melakukan kegiatan usaha modal ventura the sharia venture capital business activities,
syariah, pengelolaan dana ventura, dan venture fund management, and other business
kegiatan usaha lain dengan persetujuan activities upon approval from relevant
Otoritas terkait yang seluruhnya dilaksanakan authorities, all of which are carried out based on
berdasarkan prinsip syariah. sharia principles.
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL POLICIES
Kebijakan-kebijakan akuntansi yang material, yang The material accounting policies, applied in the
diterapkan dalam penyusunan laporan keuangan preparation of the consolidated financial
konsolidasian Bank dan Entitas Anaknya (secara statements of the Bank and its subsidiaries
bersama-sama disebut “Grup”) pada dan untuk (together referred to as the “Group”) as of and for
tahun-tahun yang berakhir tanggal the years ended 31 December 2023 and 2022, are
31 Desember 2023 dan 2022, adalah sebagai as follows:
berikut:
a. Pernyataan Kepatuhan a. Statement of Compliance
Laporan keuangan konsolidasian Grup disusun The consolidated financial statements of the
dan disajikan sesuai dengan Standar Akuntansi Group has been prepared and presented in
Keuangan (“SAK”) di Indonesia. accordance with Indonesian Financial
Accounting Standards (“SAK”).
26
Page 415
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
a. Pernyataan Kepatuhan (lanjutan) a. Statement of Compliance (continued)
Laporan keuangan konsolidasian juga disusun These consolidated financial statements have
dan disajikan sesuai dengan peraturan Badan also been prepared and presented in
Pengawas Pasar Modal dan Lembaga accordance with Capital Market and Financial
Keuangan (“BAPEPAM-LK” yang fungsinya Institutions Supervisory Agency (“BAPEPAM-
dialihkan kepada OJK sejak tanggal LK”, whose function has been transferred to
1 Januari 2013) No. VIII.G.7 yang merupakan OJK starting 1 January 2013) rule No. VIII.G.7,
lampiran keputusan ketua BAPEPAM-LK No. Appendix of the Decree of the Chairman of the
KEP 347/BL/2012 tanggal 25 Juni 2012 tentang BAPEPAM-LK No. KEP-347/BL/2012 dated
“Penyajian dan Pengungkapan Laporan 25 June 2012 regarding “Financial Statements
Keuangan Emiten atau Perusahaan Publik”. Presentation and Disclosure of the Issuer or
Public Company”.
Laporan keuangan konsolidasian ini yang These consolidated financial statements which
merupakan konsolidasian dari laporan represent the consolidation of the financial
keuangan Grup telah disetujui untuk diterbitkan statements of the Group, were authorized for
oleh direksi pada tanggal 22 Februari 2024. issuance by the Board of Directors on
22 February 2024.
Laporan keuangan konsolidasi ini disajikan These consolidated financial statements are
dalam bahasa Indonesia dan Inggris. Dalam hal presented in Indonesian and English
terdapat perbedaan penafsiran akibat languages. Should there be any difference in
penerjemahan bahasa, maka yang digunakan interpretation due to translation, the Indonesian
sebagai acuan adalah dalam Bahasa version shall prevail.
Indonesia.
b. Dasar Penyusunan Laporan Keuangan b. Basis for Preparation of Consolidated
Konsolidasian Financial Statements
Laporan keuangan konsolidasian ini disajikan Figures in these consolidated financial
dalam Rupiah, yang merupakan mata uang statements are presented in Rupiah, which is
fungsional Grup. Kecuali dinyatakan secara the Group’s functional currency. Unless
khusus, informasi keuangan yang disajikan otherwise stated, financial information
telah dibulatkan menjadi jutaan Rupiah presented in Rupiah has been rounded to the
terdekat. nearest million.
Laporan keuangan konsolidasian disusun atas The consolidated financial statements have
basis akrual dengan menggunakan konsep nilai been prepared on the accrual basis using the
historis, kecuali jika standar akuntansi historical cost concept, except where the
mensyaratkan pengukuran nilai wajar. accounting standards require fair value
measurement.
Laporan arus kas konsolidasian menyajikan The consolidated statements of cash flows
perubahan dalam kas dan setara kas dari present the changes in cash and cash
aktivitas operasi, investasi dan pendanaan. equivalents from operating, investing and
Laporan arus kas disusun dengan metode financing activities. The statements of cash
langsung. Untuk tujuan laporan arus kas, kas flows are prepared using the direct method. For
dan setara kas meliputi kas, giro pada Bank the purpose of the statements of cash flows,
Indonesia, giro pada bank-bank lain, cash and cash equivalents consist of cash,
penempatan pada Bank Indonesia dan bank- current accounts with Bank Indonesia, current
bank lain, dan efek-efek yang jatuh tempo accounts with other banks, placements with
dalam waktu tiga bulan sejak tanggal Bank Indonesia and other banks, and securities
perolehan, sepanjang tidak digunakan sebagai that mature within three months from the date
jaminan atas pinjaman yang diterima serta tidak of acquisition, as long as they are not being
dibatasi penggunaannya. pledged as collateral for borrowings nor
restricted.
27
Page 416
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
c. Penggunaan pertimbangan dan estimasi c. Use of judgments and estimates
Penyusunan laporan keuangan konsolidasian The preparation of consolidated financial
sesuai dengan SAK di Indonesia statements in conformity with SAK requires
mengharuskan manajemen untuk membuat management to make judgments and estimates
pertimbangan dan estimasi yang that affect the application of accounting policies
mempengaruhi penerapan kebijakan akuntansi and the reported amounts of assets, liabilities,
dan jumlah aset, liabilitas, pendapatan dan income and expenses. Although these
beban yang dilaporkan. Walaupun estimasi ini estimates are based on management’s best
dibuat berdasarkan pengetahuan terbaik knowledge of current events and activities,
manajemen atas kejadian dan kegiatan saat ini, actual results may differ from those estimates.
hasil aktual dapat berbeda dari estimasi
tersebut.
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 periods in which the estimate is revised and in
datang yang dipengaruhi oleh revisi estimasi any future periods affected.
tersebut.
Informasi mengenai hal-hal penting yang terkait Information about significant areas of estimation
dengan ketidakpastian estimasi dan uncertainty and critical judgments in applying
pertimbangan-pertimbangan penting dalam accounting policies that have significant effect
penerapan kebijakan akuntansi yang memiliki on the amount recognized in the consolidated
dampak yang signifikan terhadap jumlah yang financial statements are described in Note 3.
diakui dalam laporan keuangan konsolidasian
dijelaskan di Catatan 3.
d. Perubahan kebijakan akuntansi d. Changes in accounting policies
Berikut ini adalah standar dan interpretasi The following standards and interpretation of
standar yang berlaku efektif tanggal standards became effective on
1 Januari 2023, memiliki pengaruh atas laporan 1 January 2023, have an effect on the Group’s
keuangan konsolidasian Grup, dan mungkin consolidated financial statements, and may
akan membutuhkan penerapan secara require retrospective application under
retrospektif sebagaimana diatur dalam PSAK 25, “Accounting Policies, Changes in
PSAK 25, “Kebijakan Akuntansi, Perubahan Accounting Estimates, and Errors”:
Estimasi Akuntansi, dan Kesalahan”:
- Amandemen PSAK 1 “Penyajian Laporan - Amendments to PSAK 1 “Presentation of
Keuangan: Pengungkapan Kebijakan Financial Statements: Disclosure of
Akuntansi” Accounting Policies”
- Amandemen PSAK 25 “Kebijakan Akuntansi, - Amendments to PSAK 25 “Accounting
Perubahan Estimasi Akuntansi, dan Policies, Changes in Accounting Estimates,
Kesalahan terkait: Definisi Estimasi and Errors: Definition of Accounting
Akuntansi” Estimates”
- Amandemen PSAK 46 ”Pajak Penghasilan - Amendments to PSAK 46 ”Income Tax:
tentang: Pajak Tangguhan: Aset dan Liabilitas Deferred Tax: Assets and Liabilities from
yang Timbul dari Transaksi Tunggal” Single Transaction”
- Amandemen PSAK 46 ”Pajak Penghasilan - Amendments to PSAK 46 ”Income Tax:
tentang: Reformasi Pajak Internasional - International Tax Reform - Pillar Two Model
Model Pilar Dua” Rules”
28
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
d. Perubahan kebijakan akuntansi (lanjutan) d. Changes in accounting policies (continued)
Penerapan standar akuntansi yang disebutkan di The implementation of the above-mentioned
atas tidak memiliki dampak yang signifikan accounting standards did not have significant
terhadap laporan keuangan konsolidasian. impacts to the consolidated financial
statements.
Terkait Amandemen PSAK 46 “Pajak With regards to Amendments to PSAK 46
Tangguhan terkait aset dan liabilitas yang timbul “Deferred Tax related to Assets and Liabilities
dari transaksi tunggal”, Bank mengakui aset arising from a single transaction”, the Bank has
pajak tangguhan tersendiri sehubungan dengan recognised a separate deferred tax asset in
liabilitas sewa dan kewajiban pajak tangguhan relation to its lease liabilities and deferred tax
sehubungan dengan aset hak guna nya. Namun, liability in relation to its right-of-use assets.
tidak ada dampak pada laporan posisi keuangan However, there was no impact on the
konsolidasian karena saldo memenuhi syarat consolidated statement of financial position
untuk saling hapus sesuai PSAK 46. Lihat because the balances qualify for offset under
catatan 13f untuk mengetahui dampak PSAK 46. See note 13f for the impact of
penerapan amandemen tersebut. adopting the amendments.
e. Penjabaran Transaksi dan Saldo dalam e. Foreign Currency Transactions and
Valuta Asing Balances Translation
Transaksi-transaksi dalam valuta asing Transactions in foreign currencies are
dijabarkan ke dalam Rupiah, yang merupakan translated into Rupiah, the Group’s functional
mata uang fungsional Grup, dengan currency, at the exchange rates prevailing at
menggunakan kurs pada tanggal transaksi. the transaction date.
Saldo akhir tahun aset moneter dan liabilitas Year-end balances monetary assets and
moneter dalam valuta asing dijabarkan ke dalam liabilities denominated in foreign currencies are
Rupiah dengan menggunakan kurs pada tanggal translated into Rupiah using exchange rate as
laporan (penutupan) yang ditetapkan oleh Bank of the reporting date (closing) as determined by
Indonesia, yaitu kurs tengah yang merupakan Bank Indonesia, i.e. middle rates which are the
rata-rata kurs beli dan kurs jual berdasarkan average of buying rates and selling rates per
Reuters pada pukul 16.00 WIB. Reuters at 16.00 WIB.
Kurs valuta asing utama yang digunakan pada The major exchange rates used as of the
tanggal pelaporan adalah sebagai berikut (nilai reporting date were as follows (full amount):
penuh):
31 Desember/December
2023 2022
1 Dolar Amerika Serikat (USD) 15,397.00 15,567.50 1 United States Dollar (USD)
1 Dolar Australia (AUD) 10,520.77 10,557.88 1 Australian Dollar (AUD)
1 Dolar Singapura (SGD) 11,676.34 11,592.88 1 Singapore Dollar (SGD)
1 Dolar Hong Kong (HKD) 1,970.73 1,996.55 1 Hong Kong Dollar (HKD)
1 Poundsterling Inggris (GBP) 19,626.56 18,786.09 1 British Poundsterling (GBP)
1 Yen Jepang (JPY) 108.88 117.81 1 Japanese Yen (JPY)
1 Euro (EUR) 17,038.32 16,581.72 1 Euro (EUR)
Keuntungan dan kerugian selisih kurs yang The exchange gains and losses arising from
timbul dari transaksi dalam valuta asing dan dari transactions in foreign currencies and from the
penjabaran aset moneter dan liabilitas moneter translation of monetary assets and monetary
dalam valuta asing diakui pada laba rugi. liabilities denominated in foreign currencies are
recognized in profit or loss.
29
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
e. Penjabaran Transaksi dan Saldo dalam Valuta e. Foreign Currency Transactions and
Asing (lanjutan) Balances Translation (continued)
Laba atau rugi kurs valuta asing atas aset dan The foreign currency gains or losses on
liabilitas moneter merupakan selisih antara biaya monetary assets and liabilities are the
perolehan diamortisasi dalam Rupiah pada awal difference between amortized cost in Rupiah at
tahun, disesuaikan dengan tingkat suku bunga the beginning of the year, adjusted for effective
efektif dan pembayaran selama tahun berjalan, interest rate and payments during the year, and
dan biaya perolehan diamortisasi dalam valuta the amortized cost in foreign currency
asing yang dijabarkan ke dalam Rupiah dengan translated into Rupiah using the exchange rate
menggunakan kurs pada akhir tahun. at the end of the year.
f. Prinsip Konsolidasi f. Basis of Consolidation
Laporan keuangan konsolidasian mencakup The consolidated financial statements include
laporan keuangan Bank dan entitas anak. the accounts of the Bank and its subsidiaries.
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 subsidiaries
dengan entitas anak dan memiliki kemampuan and has the ability to affect those returns through
untuk mempengaruhi imbal hasil tersebut melalui its power over the subsidiaries. The Bank
kekuasaannya atas entitas anak. Bank akan reassesses whether it has control if there are
menilai kembali apakah memiliki kendali jika ada changes to one or more of the elements of the
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 a
protektif yang dimiliki (seperti yang dihasilkan lending relationship) become substantive and
dari hubungan pinjaman) menjadi substantif dan lead to the Bank having power over a subsidiary.
mengakibatkan Bank memiliki kekuasaan atas
entitas anak.
Laporan keuangan dari entitas anak dimasukkan The financial statements of the subsidiaries are
ke dalam laporan keuangan konsolidasian sejak included in the consolidated financial
tanggal pengendalian dimulai sampai dengan statements from the date on which control
tanggal pengendalian berakhir. commences until the date when control ceases.
Ketika Bank kehilangan kendali atas entitas anak, When the Bank loses control over a subsidiary,
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 lainnya. interests and other components of equity. Any
Laba atau rugi yang timbul diakui dalam laba rugi. resulting gain or loss is recognized in profit or
Kepentingan yang dipertahankan di entitas anak loss. Any interest retained in the former
sebelumnya diukur sebesar nilai wajar ketika subsidiary is measured at fair value when the
pengendalian hilang. control is lost.
30
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
f. Prinsip Konsolidasi (lanjutan) f. Basis of Consolidation (continued)
Seluruh transaksi dan saldo antar perusahaan All inter-company transactions and balances are
dieliminasi dalam laporan keuangan eliminated in the consolidated financial
konsolidasian, sehingga laporan keuangan statements; accordingly, the consolidated
konsolidasian hanya mencakup transaksi dan financial statements include only transactions and
saldo dengan pihak lain. balances with other parties.
Akuisisi entitas anak oleh Bank dicatat dengan The acquisition method is used to account for the
menggunakan metode akuisisi. Biaya perolehan acquisition of subsidiary by the Bank. The cost of
akuisisi diukur pada nilai wajar aset yang acquisition is measured at the fair value of the
diberikan, instrumen ekuitas yang diterbitkan, assets given, equity instruments issued, liabilities
liabilitas yang terjadi atau diambil dan incurred or assumed and contingent
penyesuaian harga beli kontinjensi, jika ada, consideration, if any, at the transaction date.
pada tanggal transaksi. Goodwill yang timbul Goodwill arising from the acquisition of subsidiary
dari akuisisi entitas anak diuji penurunan is tested at least annually for impairment. Any
nilainya minimal secara tahunan. Keuntungan gain on bargain purchase is recognized in profit
yang dihasilkan atas pembelian dengan diskon or loss immediately. Transaction costs incurred in
diakui langsung pada laba rugi. Biaya-biaya the acquisition of Subsidiary are directly
transaksi yang timbul dari akuisisi entitas anak expensed in the current year profit or loss.
dibebankan langsung pada laba rugi tahun
berjalan.
Kepentingan non-pengendali diakui pada Non-controlling interest is recognized at the date
tanggal kombinasi bisnis dan selanjutnya of initial business combination and subsequently
disesuaikan dengan proporsi atas perubahan adjusted by proportion of change in identifiable
aset bersih teridentifikasi entitas anak. net assets of subsidiaries.
Perubahan dalam bagian kepemilikan Bank Changes in ownership interest in subsidiary that
pada entitas anak yang tidak mengakibatkan do not result in a loss of control are treated as
hilangnya pengendalian diperlakukan sebagai transaction between equity holders and are
transaksi antara pemegang ekuitas dan dicatat accounted for as equity transactions.
sebagai transaksi ekuitas.
Kepentingan non-pengendali disajikan di Non-controlling interest is presented as part of
ekuitas dalam laporan posisi keuangan equity in the consolidated statements of financial
konsolidasian dan dinyatakan sebesar proporsi position and represents the non-controlling
pemegang saham non-pengendali atas laba shareholders’ proportionate share in the net
tahun berjalan dan ekuitas entitas anak tersebut income for the year and equity of the subsidiary
berdasarkan persentase kepemilikan based on the percentage of ownership of the non-
pemegang saham non-pengendali pada entitas controlling shareholders in the subsidiary.
anak tersebut.
g. Transaksi dengan Pihak-pihak Berelasi g. Transactions with Related Parties
Dalam laporan keuangan konsolidasian ini, In these consolidated financial statements, the
istilah pihak-pihak berelasi digunakan sesuai term related parties is used as defined in PSAK
dengan PSAK No. 7 mengenai “Pengungkapan No. 7 regarding “Related Party Disclosures”.
Pihak-pihak Berelasi”.
31
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
h. Aset Keuangan dan Liabilitas Keuangan h. Financial Assets and Financial Liabilities
Aset keuangan Grup terdiri dari kas, giro pada The Group’s financial assets consist of cash,
Bank Indonesia, giro pada bank-bank lain, current accounts with Bank Indonesia, current
penempatan pada Bank Indonesia dan bank- accounts with other banks, placements with Bank
bank lain, efek-efek, tagihan derivatif, tagihan Indonesia and other banks, securities, derivative
akseptasi, pinjaman yang diberikan, receivables, acceptance receivables, loans, sharia
pembiayaan/piutang syariah, penyertaan financing/receivables, investment in shares and
saham dan tagihan lainnya (yang disajikan other receivables (presented as part of other
sebagai bagian dari aset lain-lain). assets).
Liabilitas keuangan Grup terdiri dari liabilitas The Group’s financial liabilities consist of
segera, simpanan dari nasabah, simpanan dari obligations due immediately, deposits from
bank-bank lain, liabilitas derivatif, liabilitas customers, deposits from other banks, derivative
akseptasi, efek-efek yang diterbitkan, pinjaman payables, acceptance payables, securities issued,
yang diterima, akrual, liabilitas sewa, pinjaman borrowings, accruals, lease liabilities,
subordinasi, dan liabilitas lain-lain. subordinated loans, and other liabilities.
h.1. Klasifikasi h.1. Classification
Aset keuangan Financial assets
Bank mengklasifikasikan aset The Bank classified its financial assets into
keuangannya ke dalam kategori sebagai the following categories on initial
berikut pada saat pengakuan awal: recognition:
i. Biaya perolehan diamortisasi; i. At amortized cost;
ii. Nilai wajar melalui penghasilan ii. Fair value through other comprehensive
komprehensif lain (“FVOCI”); income (“FVOCI”);
iii. Nilai wajar melalui laba rugi (“FVTPL”) iv. iii. Fair value through profit or loss
(“FVTPL”)
v.
Aset keuangan diklasifikasikan ke dalam Financial asset is classified into one of
salah satu dari kategori ini pada saat these categories on initial recognition based
pengakuan awal berdasarkan model bisnis on the business model within which it is
dimana aset keuangan tersebut dimiliki held, and its contractual cash flow
serta karakteristik arus kas kontraktualnya. characteristics. The business model reflects
Model bisnis merefleksikan bagaimana how groups of financial assets are managed
kelompok aset keuangan dikelola untuk to achieve a particular business objective.
mencapai tujuan bisnis tertentu.
vi.
Aset keuangan diukur dengan biaya A financial asset is measured at amortized
perolehan diamortisasi hanya jika cost only if it meets both of the following
memenuhi kedua kondisi berikut dan tidak conditions and is not designated as at
ditetapkan sebagai FVTPL: FVTPL:
- Aset keuangan dikelola dalam model - The financial asset is held within a
bisnis yang bertujuan untuk memiliki aset business model whose objective is to
keuangan untuk tujuan mendapatkan hold the asset to collect contractual cash
arus kas kontraktual (hold to collect); dan flows (hold to collect); and
- Persyaratan kontraktual dari aset - Its contractual terms of the financial
keuangan yang pada tanggal tertentu asset give rise on specified dates to
menghasilkan arus kas yang merupakan cash flows that are solely payments of
pembayaran pokok dan bunga semata principal and interest on the principal
dari jumlah pokok terutang. amount outstanding.
32
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
h. Aset Keuangan dan Liabilitas Keuangan h. Financial Assets and Financial Liabilities
(lanjutan) (continued)
h.1. Klasifikasi (lanjutan) h.1. Classification (continued)
Aset keuangan (lanjutan) Financial assets (continued)
Aset keuangan diukur pada FVOCI hanya A financial asset is measured at FVOCI only
jika memenuhi kedua kondisi berikut dan if it meets both of the following conditions
tidak ditetapkan sebagai FVTPL: and is not designated as at FVTPL:
- Aset keuangan dikelola dalam model - The financial asset is held within a
bisnis yang bertujuan untuk business model whose objective is
mendapatkan arus kas kontraktual dan achieved by both collecting contractual
menjual aset keuangan (hold to collect cash flows and selling the financial asset
and sell); dan (hold to collect and sell); and
- Persyaratan kontraktual dari aset - Its contractual terms of financial asset
keuangan yang pada tanggal tertentu give rise on specified dates to cash flows
menghasilkan arus kas yang merupakan that are solely payments of principal and
pembayaran pokok dan bunga semata interest on the principal amount
dari jumlah pokok terutang. outstanding.
Seluruh aset keuangan yang tidak All financial assets not classified as
diklasifikasikan sebagai diukur dengan biaya measured at amortized cost or FVOCI as
perolehan diamortisasi atau FVOCI described above are measured at FVTPL.
sebagaimana ketentuan di atas diukur
dengan FVTPL.
Aset keuangan tidak direklasifikasi setelah Financial assets are not reclassified
pengakuan awal, kecuali dalam periode subsequent to their initial recognition, except
setelah Bank mengubah model bisnis yang in the period after the Bank changes its
mengelola aset keuangan. business model for managing financial
assets.
Penilaian model bisnis Business model assessment
Model bisnis Bank ditentukan pada level The Bank's business model is defined at a
yang mencerminkan bagaimana kelompok level that reflects how group of financial
aset keuangan dikelola bersama-sama assets are managed together to achieve
untuk mencapai tujuan bisnis tertentu. Model certain business objectives. The Bank’s
bisnis Bank tidak bergantung pada intensi model does not depend on management's
manajemen untuk instrumen individu. intention for individual instruments.
Sejalan dengan hal tersebut, kondisi ini Accordingly, this condition is not an
bukan merupakan pendekatan instrumen- instrument-by-instrument approach to
per-instrumen untuk klasifikasi dan classification and is determined at a higher
ditentukan pada level agregasi yang lebih level of aggregation, which is at portfolio
tinggi yaitu pada level portfolio. level.
Model bisnis Bank mengacu pada The Bank’s business model refers to
pengelolaan aset keuangan untuk managing financial assets to generate cash
menghasilkan arus kas. Arus kas akan flows. Cash flows will result from obtaining
dihasilkan dari memperoleh arus kas contractual cash flows, selling financial
kontraktual, menjual aset keuangan atau assets or both. This assessment is not made
keduanya. Penilaian ini tidak dilakukan atas based on a scenario where the Bank does
dasar skenario bahwa Bank tidak not expect a “worst condition” scenario or a
mengharapkan terjadinya skenario “kondisi “stress condition” scenario to occur. In a
terburuk” atau skenario “kondisi stres”. situation where the Bank sells certain
Dalam kondisi Bank menjual portofolio aset portfolios of financial assets in a worst-case
keuangan tertentu dalam skenario kondisi scenario, that scenario will not affect the
terburuk, skenario itu tidak akan assessment of the business model for that
mempengaruhi penilaian terhadap model asset if the Bank reasonably expects that
bisnis untuk aset tersebut jika Bank secara such a scenario will not occur.
wajar mengharapkan bahwa skenario
seperti itu tidak akan terjadi.
33
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
h. Aset Keuangan dan Liabilitas Keuangan h. Financial Assets and Financial Liabilities
(lanjutan) (continued)
h.1. Klasifikasi (lanjutan) h.1. Classification (continued)
Aset keuangan (lanjutan) Financial assets (continued)
Penilaian model bisnis (lanjutan) Business model assessment (continued)
Akan tetapi, ketika Bank menilai model bisnis However, when the Bank assesses the
untuk aset keuangan yang baru diterbitkan business model for newly issued or recently
atau baru dibeli, Bank harus purchased financial assets, it must consider
mempertimbangkan informasi tentang information about how cash flows were
bagaimana arus kas direalisasikan di masa realized in the past, along with all other
lalu, bersama dengan semua informasi yang relevant information.
relevan lainnya.
Model bisnis untuk mengelola aset The business model for managing financial
keuangan adalah kenyataan dan bukan assets is a reality and not just an assertion.
hanya sebuah asersi. Hal ini biasanya This is usually observed through the
diobservasi melalui aktivitas yang dilakukan activities the entity carries out to achieve the
Bank untuk mencapai tujuan dari model objectives of the business model. The Bank
bisnis. Bank mempertimbangkan semua considers all relevant evidence available at
bukti yang relevan yang tersedia pada the valuation date. The relevant evidence
tanggal penilaian. Bukti yang relevan includes, but is not limited to:
tersebut termasuk, tetapi tidak terbatas
pada:
- kebijakan dan tujuan yang dinyatakan - the stated policies and objectives for the
untuk portofolio dan pengoperasian portfolio and the operation of those
kebijakan tersebut dalam praktiknya. policies in practice. In particular, whether
Secara khusus, apakah strategi management’s strategy focusses on
manajemen berfokus pada menghasilkan earning contractual interest income,
pendapatan bunga kontraktual, maintaining a particular interest rate
mempertahankan profil suku bunga profile, matching the duration of the
tertentu, mencocokkan durasi aset financial assets to the duration of the
keuangan dengan durasi liabilitas yang liabilities that are funding those assets or
mendanai aset tersebut atau mewujudkan realising cash flows through sale of the
arus kas melalui penjualan aset; assets;
- bagaimana kinerja portofolio dievaluasi - how the performance of the portfolio is
dan dilaporkan kepada personil evaluated and reported to key
manajemen kunci Bank; management personnel of the Bank;
- risiko yang memengaruhi kinerja dari - the risks that affect the performance of
model bisnis (dan aset keuangan yang the business model (and the financial
dimiliki dalam model bisnis tersebut) dan assets held within that business model)
strategi mengenai bagaimana risiko and its strategy for how those risks are
tersebut dikelola; dan managed; and
- bagaimana manajer bisnis dikompensasi - how the business manager is
(sebagai contoh, apakah kompensasi compensated (for example, whether the
berdasarkan nilai wajar dari aset yang compensation is based on the fair value
dikelola atau arus kas kontraktual yang of assets under management or the
diperoleh). contractual cash flows obtained).
34
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
h. Aset Keuangan dan Liabilitas Keuangan h. Financial Assets and Financial Liabilities
(lanjutan) (continued)
h.1. Klasifikasi (lanjutan) h.1. Classification (continued)
Aset keuangan (lanjutan) Financial assets (continued)
Penilaian apakah arus kas kontraktual Assessment of whether contractual cash
hanya merupakan pembayaran pokok dan flows are solely payments of principal and
bunga semata (SPPI) interest (SPPI)
Untuk tujuan penilaian ini, ‘pokok’ For the purposes of this assessment,
didefinisikan sebagai nilai wajar dari aset ‘principal’ is defined as the fair value of the
keuangan pada pengakuan awal. ‘Bunga’ financial asset on initial recognition.
didefinisikan sebagai imbalan untuk nilai ‘Interest’ is defined as consideration for the
waktu atas uang dan untuk risiko kredit yang time value of money and for the credit risk
terkait dengan jumlah pokok yang terutang associated with the principal amount
selama periode waktu tertentu dan untuk outstanding during a particular period of
risiko dan biaya pinjaman dasar lainnya time and for other basic lending risks and
(misalnya risiko likuiditas dan biaya costs (e.g. liquidity risk and administrative
administrasi), serta marjin keuntungan. costs), as well as profit margin.
Dalam menilai apakah arus kas kontraktual In assessing whether the contractual cash
adalah SPPI, Bank mempertimbangkan flows are SPPI, the Bank considers the
ketentuan kontraktual instrumen tersebut. contractual terms of the instrument. This
Hal ini termasuk menilai apakah aset includes assessing whether the financial
keuangan mengandung ketentuan asset contains a contractual term that could
kontraktual yang dapat mengubah waktu change the timing or amount of contractual
atau jumlah arus kas kontraktual sehingga cash flows such that it would not meet this
tidak memenuhi kondisi ini. Dalam condition. In making the assessment, the
melakukan penilaian, Bank Bank considers:
mempertimbangkan:
- Peristiwa kontinjensi yang akan - Contingent events that would change
mengubah jumlah dan waktu arus kas; the amount and timing of cash flows;
- Fitur leverage; - Leverage features;
- Ketentuan percepatan pelunasan dan - Prepayment and extension terms;
perpanjangan;
- Ketentuan yang membatasi klaim Bank - Terms that limit the Bank’s claim to
atas arus kas dari aset tertentu (seperti cash flows from specified assets (e.g.
pinjaman non-recourse); dan non-recourse loans); and
- Fitur yang memodifikasi imbalan dari nilai - Features that modify consideration of
waktu atas uang (seperti penetapan the time value of money (e.g. periodical
ulang suku bunga berkala). reset of interest rates).
Liabilitas keuangan Financial liabilities
Liabilitas keuangan diklasifikasikan ke Financial liabilities are classified into the
dalam kategori pengukuran sebagai berikut following measurement categories at initial
pada saat pengakuan awal berdasarkan recognition based on their nature and
sifat dan tujuannya: purpose:
i. Diukur pada nilai wajar melalui laba rugi, i. Fair value through profit or loss, which has
yang memiliki 2 (dua) sub-klasifikasi, 2 (two) sub-classifications, i.e. financial
yaitu liabilitas keuangan yang ditetapkan liabilities designated as such upon initial
demikian pada saat pengakuan awal dan recognition and financial liabilities
liabilitas keuangan yang diklasifikasikan classified as held for trading;
dalam kelompok diperdagangkan;
ii. Liabilitas keuangan yang diukur pada ii. Financial liabilities measured at amortized
biaya perolehan diamortisasi. cost.
35
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
h. Aset Keuangan dan Liabilitas Keuangan h. Financial Assets and Financial Liabilities
(lanjutan) (continued)
h.1. Klasifikasi (lanjutan) h.1. Classification (continued)
Liabilitas keuangan (lanjutan) Financial liabilities (continued)
Liabilitas keuangan diklasifikasikan sebagai A financial liability is classified as held for
diperdagangkan jika diperoleh atau dimiliki trading if it is acquired or incurred principally
terutama untuk tujuan dijual atau dibeli for the purpose of selling or repurchasing it
kembali dalam waktu dekat atau jika in the near term or if it is part of a portfolio of
merupakan bagian dari portofolio instrumen identified financial instruments that are
keuangan tertentu yang dikelola bersama managed together and for which there is
dan terdapat bukti mengenai pola ambil evidence of a recent actual pattern of short-
untung dalam jangka pendek (short-term term profit-taking. Derivatives are also
profit-taking) yang terkini. Derivatif categorised as held for trading instrument
diklasifikasikan sebagai instrumen unless they are designated and effective as
diperdagangkan kecuali ditetapkan dan hedging instruments.
efektif sebagai instrumen lindung nilai.
Keuntungan dan kerugian yang timbul dari Gains and losses arising from changes in fair
perubahan nilai wajar liabilitas keuangan value of financial liabilities are recognized in
diakui dalam laba rugi tahun berjalan. current year profit or loss.
Liabilitas keuangan yang diukur pada biaya Financial liabilities measured at amortized
perolehan diamortisasi terdiri dari liabilitas cost consist of non-derivative financial
keuangan non-derivatif yang tidak dimiliki liabilities that are not held for trading purpose
Bank untuk diperdagangkan dan tidak and not designated at fair value through
ditetapkan pada nilai wajar melalui laba rugi. profit or loss.
h.2. Pengakuan h.2. 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 depends on their
liabilitas keuangan setelah pengakuan awal classification.
tergantung pada klasifikasi aset keuangan
dan liabilitas keuangan tersebut.
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 instrument 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
keuangan, biaya transaksi dikurangkan dari recognized initially. Such transaction costs
jumlah utang yang diakui pada awal are amortized over the terms of the
pengakuan liabilitas. Biaya transaksi tersebut instruments based on the effective interest
diamortisasi selama umur instrumen method and are recorded as part of interest
berdasarkan metode suku bunga efektif dan income for transaction costs related to
dicatat sebagai bagian dari pendapatan financial assets or interest expense for
bunga untuk biaya transaksi sehubungan transaction costs related to financial
dengan aset keuangan atau sebagai bagian liabilities.
dari beban bunga untuk biaya transaksi
sehubungan dengan liabilitas keuangan.
36
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
h. Aset Keuangan dan Liabilitas Keuangan h. Financial Assets and Financial Liabilities
(lanjutan) (continued)
h.2. Pengakuan (lanjutan) h.2. Recognition (continued)
Grup pada awalnya mengakui The Group initially recognizes
pinjaman/pembiayaan yang diberikan dan loans/financing and deposits on the date of
simpanan pada tanggal perolehan. origination.
Pembelian dan penjualan aset keuangan Regular way purchases and sales of
yang lazim (reguler) diakui pada tanggal financial assets are recognized on the trade
perdagangan dimana Grup memiliki date at which the Group commits to
komitmen untuk membeli atau menjual aset purchase or sell those assets.
tersebut.
Semua aset dan liabilitas keuangan lainnya All other financial assets and liabilities are
pada awalnya diakui pada tanggal initially recognized on the trade date at
perdagangan dimana Grup menjadi suatu which the Group becomes a party to the
pihak dalam ketentuan kontraktual instrumen contractual provisions of the instrument.
tersebut.
h.3. Biaya perolehan diamortisasi dan nilai h.3. Amortized cost and gross carrying
tercatat bruto amount
‘Biaya perolehan diamortisasi’ aset keuangan The ‘amortized cost’ of a financial asset or
atau liabilitas keuangan merupakan suatu financial liability is the amount at which the
nilai dimana aset keuangan atau liabilitas financial asset or financial liability is measured
keuangan diukur pada saat pengakuan awal on initial recognition minus the principal
dikurangi pembayaran pokok, ditambah atau repayments, plus or minus the cumulative
dikurangi amortisasi kumulatif menggunakan amortization using the effective interest methof
metode suku bunga efektif atas selisih antara of any difference between that initial amount
nilai awal dan nilai jatuh temponya dan, untuk and the maturity amount and, for financial
aset keuangan, disesuaikan dengan assets, adjusted for any allowance for
cadangan kerugian penurunan nilai. ‘Nilai impairment losses. The ‘gross carrying
tercatat bruto aset keuangan’ merupakan amount of financial asset’ is the amortized cost
biaya perolehan diamortisasi aset keuangan of a financial asset before adjusting for any
sebelum dikurangi cadangan kerugian allowance for impairment losses.
penurunan nilai.
h.4. Penghentian pengakuan h.4. Derecognition
Grup menghentikan pengakuan aset The Group derecognizes a financial asset
keuangan pada saat hak kontraktual atas when the contractual rights to the cash flows
arus kas yang berasal dari aset keuangan from the financial asset expire, or when the
tersebut kadaluwarsa, atau Grup mentransfer Group transfers the rights to receive the
seluruh hak untuk menerima arus kas contractual cash flows on the financial asset in
kontraktual dari aset keuangan dalam a transaction in which substantially all the risks
transaksi dimana Grup secara substansial and rewards of ownership of the financial
telah mentransfer seluruh risiko dan manfaat asset are transferred. Any interest in
atas kepemilikan aset keuangan yang transferred financial assets that is created or
ditransfer. Setiap hak atau liabilitas atas aset retained by the Group is recognized as a
keuangan yang ditransfer yang timbul atau separate asset or liability.
yang masih dimiliki oleh Grup diakui sebagai
aset atau liabilitas secara terpisah.
Grup menghentikan pengakuan liabilitas The Group derecognizes a financial liability
keuangan pada saat liabilitas yang ditetapkan when its contractual obligations are
dalam kontrak dilepaskan atau dibatalkan discharged or cancelled or expired.
atau kadaluwarsa.
37
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
h. Aset Keuangan dan Liabilitas Keuangan h. Financial Assets and Financial Liabilities
(lanjutan) (continued)
h.4. Penghentian pengakuan (lanjutan) h.4. Derecognition (continued)
Dalam transaksi dimana Grup secara In transactions in which the Group neither
substansial tidak memiliki atau tidak retains nor transfers substantially all the risks
mentransfer seluruh risiko dan manfaat atas and rewards of ownership of a financial asset,
kepemilikan aset keuangan, Grup the Group derecognizes the asset if it does not
menghentikan pengakuan aset tersebut jika retain control over the asset. The rights and
Grup tidak lagi memiliki pengendalian atas aset obligations retained in the transfer are
tersebut. Hak dan kewajiban yang masih dimiliki recognized separately as assets and liabilities
dalam transfer tersebut diakui secara terpisah as appropriate. In transfers in which control over
sebagai aset atau liabilitas. Dalam transfer the asset is retained, the Group continues to
dimana pengendalian atas aset masih dimiliki, recognise the asset to the extent of its
Grup tetap mengakui aset yang ditransfer continuing involvement, determined by the
tersebut sebesar keterlibatan berkelanjutan, extent to which it is exposed to changes in the
dimana tingkat keberlanjutan Grup dalam aset value of the transferred asset.
yang ditransfer adalah sebesar perubahan nilai
aset yang ditransfer.
Grup menghapusbukukan aset keuangan dan The Group writes off a financial asset and any
cadangan kerugian penurunan nilai terkait, related allowance for impairment losses, when
pada saat Grup menentukan bahwa aset the Group determines that the financial asset is
keuangan tersebut tidak dapat ditagih. uncollectible. This determination is reached
Keputusan ini diambil setelah after considering information such as the
mempertimbangkan informasi seperti telah 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 tidak issuer can no longer pay the obligation, or that
lagi dapat melunasi kewajibannya, atau hasil proceeds from collateral will not be sufficient to
penjualan agunan tidak akan cukup untuk pay back the credit exposure.
melunasi seluruh eksposur kredit yang
diberikan.
h.5. Saling hapus h.5. Offsetting
Aset keuangan dan liabilitas keuangan Financial assets and liabilities are offset and
disalinghapuskan dan jumlah netonya the net amount reported in the statements of
dilaporkan pada laporan posisi keuangan financial position when there is a legally
konsolidasian ketika terdapat hak yang enforceable right to offset the recognized
berkekuatan hukum untuk melakukan saling amounts and there is an intention to settle on
hapus atas jumlah yang telah diakui tersebut a net basis, or realise the asset and settle the
dan adanya niat untuk menyelesaikan liability simultaneously. The legally
liabilitas secara bersamaan. Hak saling enforceable right must not be contingent on
hapus tidak kontinjen atas peristiwa di masa future events and must be enforceable in the
depan dan dapat dipaksakan secara hukum normal course of business and in the event of
dalam situasi bisnis yang normal dan dalam default insolvency or bankruptcy of the Group
peristiwa gagal bayar, atau peristiwa or the counterparty.
kepailitan atau kebangkrutan Grup atau pihak
lawan.
Pendapatan dan beban disajikan dalam Income and expenses are presented on a net
jumlah bersih hanya jika diperkenankan oleh basis only when permitted by accounting
standar akuntansi. standards.
38
Page 427
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
i. Cadangan kerugian penurunan nilai aset i. Allowance for impairment losses of financial
keuangan assets
i.1. Aset keuangan yang dicatat pada biaya i.1. Financial assets carried at amortized cost
perolehan diamortisasi
Dalam mengestimasi cadangan kerugian To estimate impairment loss allowance on
penurunan nilai atas aset keuangan, Bank financial assets, the Bank has implemented
telah menerapkan PSAK 71 sejak tanggal PSAK 71 since 1 January 2020. PSAK 71
1 Januari 2020. PSAK 71 mengharuskan requires a loss allowance to be recognized at
cadangan kerugian diakui sebesar kerugian an amount equal to either 12-month Expected
kredit ekspektasian (“KKE”) 12 bulan atau Credit Losses (“ECL”) or lifetime ECL.
kerugian kredit ekspektasian sepanjang Lifetime ECL is the ECL that results from all
umur aset keuangan (KKE lifetime). KKE possible default events over the expected life
lifetime adalah kerugian ekspektasian yang of a financial instrument, whereas 12-month
berasal dari semua kemungkinan kejadian ECL is the portion of ECL that results from
gagal bayar sepanjang umur ekspektasian default events that are possible within the 12-
suatu instrumen keuangan, sedangkan month after reporting date.
KKE 12 bulan adalah porsi dari kerugian
kredit ekspektasian yang berasal dari
kemungkinan kejadian gagal bayar dalam
12 bulan setelah tanggal pelaporan.
Kerugian kredit ekspektasian merupakan Expected credit losses are a probability-
estimasi probabilitas tertimbang dari weighted estimate of credit losses (i.e the
kerugian kredit (yaitu nilai kini dari seluruh present value of all cash shortfalls) over the
kekurangan kas) selama perkiraan umur expected life of the financial instrument. A
instrumen keuangan. Kekurangan kas cash shortfall is the difference between the
adalah selisih antara arus kas yang cash flows that are due to an entity in
diperkirakan akan diterima entitas. Karena accordance with the contract and the cash
kerugian kredit ekspektasian flows that the entity expects to receive.
mempertimbangkan jumlah dan waktu Because expected credit losses consider the
pembayaran, kerugian kredit tetap timbul amount and timing of payments, a credit loss
meskipun entitas mengharapkan untuk arises even if the entity expects to be paid in
dibayar penuh namun setelah jatuh tempo full but later than when contractually due.
kontraktual.
KKE diakui untuk seluruh instrumen utang ECL are recognized for all financial debt
keuangan, komitmen pinjaman dan jaminan instruments, loan commitments and financial
keuangan yang diklasifikasikan sebagai hold guarantees that are classified as hold to
to collect atau hold to collect and sell dan collect or hold to collect and sell and have
memiliki arus kas SPPI. KKE tidak diakui SPPI cash flows. ECL is not recognized for
untuk instrumen keuangan yang detetapkan financial instruments designated as FVTPL
sebagai FVTPL dan instrumen ekuitas yang and equity instruments designated as FVOCI.
ditetapkan sebagai FVOCI.
Sesuai dengan ISAK 102, khusus untuk In accordance to ISAK 102, particularly for
transaksi berbasis syariah, pengukuran sharia-based transactions, the allowance for
penurunan nilai dari aset keuangan tidak impairment losses of financial assets does
mengadopsi PSAK 71. not adopt PSAK 71.
39
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
i. Cadangan kerugian penurunan nilai aset i. Allowance for impairment losses of financial
keuangan (lanjutan) assets (continued)
i.1. Aset keuangan yang dicatat pada biaya i.1. Financial assets carried at amortized cost
perolehan diamortisasi (lanjutan) (continued)
Pada setiap tanggal pelaporan, Bank akan At each reporting date, the Bank shall
mengukur cadangan kerugian instrumen measure the loss allowance for a financial
keuangan sebesar kerugian kredit instrument at an amount equal to the lifetime
sepanjang umur (lifetime) instrumen credit losses, except in the following
keuangan, kecuali dalam kondisi berikut, condition, for which the amount recognized
dimana cadangan kerugian yang akan diakui will be 12-month ECL:
sebesar KKE 12 bulan:
• instrumen keuangan dengan risiko kredit • financial instruments with low credit risk;
rendah; dan and
• instrumen keuangan dengan risiko kredit • financial instruments for which credit risk
yang belum meningkat secara signifikan has not increased significantly since initial
sejak pengakuan awal. recognition.
Estimasi eksposur kredit untuk tujuan The estimation of credit exposure for risk
manajemen risiko adalah kompleks dan management purpose is complex and
membutuhkan penggunaan model, requires the use of models, as the exposure
dikarenakan eksposur yang bervariasi varies with changes in market conditions,
terkait dengan perubahan kondisi pasar,
expected cash flows and the passage of time.
arus kas yang diharapkan dan berjalannya
waktu. Penilaian risiko kredit dari portofolio The assessment of credit risk of a portfolio of
aset memerlukan estimasi lebih lanjut assets entails further estimations as to the
mengenai kemungkinan terjadinya gagal likelihood of defaults occurring, of the
bayar, dari rasio kerugian yang terkait dan associated loss ratios and of default
korelasi gagal bayar antar pihak. Bank correlations between counterparties. The
mengukur risiko kredit menggunakan Bank measures credit risk using Probability of
Probability of Default (PD), Exposure at Default (PD), Exposure at Default (EAD),
Default (EAD), Loss Given Default (LGD) Loss Given Default (LGD) and
dan variabel makroekonomi untuk estimasi
macroeconomic variables for forward looking
yang bersifat perkiraan masa depan
(forward-looking). perspective.
Untuk menentukan kerugian kredit To determine the expected credit loss (ECL),
ekspektasian (KKE), komponen-komponen these components are multiplied together
tersebut akan diperhitungkan bersama- and discounted to the reporting date using
sama dan didiskontokan ke tanggal the effective interest rate. The basis of inputs,
pelaporan menggunakan suku bunga efektif.
Dasar input, asumsi dan teknik estimasi assumptions and the estimation technique
diungkapkan di Catatan 3. are disclosed in Note 3.
Untuk portofolio korporasi, risiko kredit For corporate portfolio, credit risk is
diukur berdasarkan pada pengelompokkan measured based on grouping grade of
tingkat peringkat internal. internal grading.
Untuk portofolio tresuri, risiko kredit diukur For the treasury portfolio, credit risk is
berdasarkan pada pengelompokkan tingkat measured based on grouping grade of
peringkat internal. Apabila tidak terdapat internal grading. If there is no information of
informasi peringkat internal untuk pihak internal grading for counterparty, the
lawan, pengelompokkan didasarkan pada
peringkat kredit dari pihak lawan. Untuk categorizing is based on credit rating from
perhitungan PD, Bank menggunakan counterparty issuer. For PD calculation, the
struktur jangka waktu (term structure) PD Bank uses PD term structure issued by
yang dikeluarkan oleh peringkat eksternal. external rating.
40
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
i. Cadangan kerugian penurunan nilai aset i. Allowance for impairment losses of financial
keuangan (lanjutan) assets (continued)
i.1. Aset keuangan yang dicatat pada biaya i.1. Financial assets carried at amortized cost
perolehan diamortisasi (lanjutan) (continued)
Untuk kategori portofolio ritel, risiko kredit For retail portfolio category, the credit risk is
diukur berdasarkan pada kelompok hari measured based on days past due buckets to
tunggakan untuk membentuk term structure create PD term structure used to compute
PD yang akan digunakan untuk menghitung ECL calculation by statistical model
perhitungan KKE dengan pendekatan model approach.
statistik.
Bank menganggap efek-efek investasi yang The Bank considers a Rupiah denominated
diterbitkan oleh pemerintah (seperti obligasi government investment securities (such as
pemerintah) dalam mata uang Rupiah dan government bonds) and funds placed with
dana yang ditempatkan pada Bank Bank Indonesia are having low credit risk,
Indonesia memiliki risiko kredit yang rendah, since the principal and interest of
karena pokok dan bunga efek-efek government investment securities are
pemerintah tersebut dijamin oleh pemerintah guaranteed by the government and there is
dan tidak ada kerugian yang pernah terjadi. no historical loss experience. The Bank does
Bank tidak menerapkan pengecualian risiko not apply the low credit risk exemption to any
kredit yang rendah atas instrumen keuangan other financial instruments.
lainnya.
Pengukuran kerugian kredit Expected credit loss measurement
ekspektasian
Sesuai PSAK 71, Bank menerapkan model In accordance with PSAK 71, the Bank
"Tiga-Tahap" untuk penurunan nilai applied “Three-Stage” model for impairment
berdasarkan perubahan kualitas kredit sejak based on changes in credit quality since initial
pengakuan awal seperti dirangkum di bawah recognition as summarised below:
ini:
- Instrumen keuangan yang tidak - A financial instrument that is not credit-
mengalami penurunan nilai kredit sejak impaired since initial recognition is
pengakuan awal diklasifikasikan dalam classified in “Stage 1”.
“Tahap 1”.
- Jika peningkatan signifikan dalam risiko - If a significant increase in credit risk
kredit ("SICR") sejak pengakuan awal (“SICR”) since initial recognition is
diidentifikasi, instrumen keuangan identified, the financial instrument is
dipindahkan ke "Tahap 2" tetapi belum moved to “Stage 2” but is not yet deemed
dianggap mengalami penurunan nilai to be credit-impaired.
kredit.
- Jika instrumen keuangan mengalami - If the financial instrument is credit-
penurunan nilai kredit/memburuk, impaired, the financial instrument is then
instrumen keuangan kemudian moved to “Stage 3”.
dipindahkan ke "Tahap 3"
41
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
i. Cadangan kerugian penurunan nilai aset i. Allowance for impairment losses of financial
keuangan (lanjutan) assets (continued)
i.1. Aset keuangan yang dicatat pada biaya i.1. Financial assets carried at amortized cost
perolehan diamortisasi (lanjutan) (continued)
Pengukuran kerugian kredit Expected credit loss measurement
ekspektasian (lanjutan) (continued)
Instrumen keuangan - Tahap 1 Financial instruments - Stage 1
Kerugian kredit ekspektasian instrumen Stage 1 expected credit losses are
keuangan Tahap 1 diakui sebesar recognized at the amount of cash shortfalls
kekurangan kas yang timbul dari arising from possible default events up to 12
kemungkinan gagal bayar di masa depan months into the future from the reporting
dalam kurun waktu 12 bulan sejak tanggal date. Expected credit losses continue to be
pelaporan. Kerugian kredit ekspektasian determined on this basis until there is either
terus ditentukan oleh dasar ini sampai a significant increase in the credit risk of an
terjadi peningkatan risiko kredit yang instrument or the instrument becomes credit-
signifikan pada instrumen tersebut atau impaired where the expected credit losses
instrumen tersebut telah mengalami will be determined based on lifetime. If an
penurunan nilai kredit dimana kerugian instrument is no longer considered to exhibit
kredit ekspektasian akan dihitung a significant increase in credit risk, expected
berdasarkan basis lifetime. Jika suatu credit losses will revert to being determined
instrumen tidak lagi dianggap menunjukkan on a 12-month basis.
peningkatan risiko kredit yang signifikan,
maka kerugian kredit ekspektasian dihitung
kembali berdasarkan basis 12 bulan.
Peningkatan risiko kredit secara signifikan Significant increase in credit risk (SICR) -
(SICR) - Tahap 2 Stage 2
Bank menganggap instrumen keuangan The Bank considers a financial instrument to
telah mengalami peningkatan risiko kredit have experienced a significant increase in
yang signifikan ketika kriteria di bawah ini credit risk when the below criteria have been
telah dipenuhi: met:
- Untuk segmen korporasi menggunakan - For corporate segments use watchlist
parameter daftar pantauan (watchlist) parameters and 12-month PD change by
dan perubahan nilai PD 12 bulan 100% resulted from internal grading
sebesar 100% sebagai akibat movement from its initial recognition.
perpindahan peringkat internal sejak
pengakuan awal.
- Untuk instrumen keuangan di tresuri - For treasury financial instruments use 3
menggunakan pergerakan 3 titik (notch) notch movements from origination rating
dari peringkat pada saat pengakuan at its initial recognition.
awal.
- Untuk segmen ritel menggunakan - For retail segment use days past due
informasi jumlah hari tunggakan dalam information in month in arrears grouping.
sebulan dalam kelompok tunggakan. SICR incurred if the days past due
SICR terjadi ketika jumlah hari reached more than 30 days.
tunggakan mencapai lebih dari 30 hari.
Eksposur yang mengalami penurunan nilai Credit-impaired (or defaulted) exposures -
kredit/memburuk (gagal bayar) - Tahap 3 Stage 3
Aset keuangan yang mengalami penurunan Financial assets that are credit impaired (or in
nilai (atau gagal bayar) merupakan aset yang default) represent those that are at least 90
setidaknya telah memiliki tunggakan lebih days past due in respect of principal and/or
dari 90 hari atas pokok dan/atau bunga. Aset interest. Financial assets are also considered
keuangan juga dianggap mengalami to be credit impaired where the debtors are
penurunan nilai kredit dimana debitur unlikely to pay on the occurrence of one or
kemungkinan besar tidak akan membayar more observable events that have a
dengan terjadinya satu atau lebih kejadian detrimental impact on the estimated future
yang teramati yang memiliki dampak cash flows of the financial asset.
menurunkan jumlah estimasi arus kas masa
depan dari aset keuangan tersebut.
42
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
i. Cadangan kerugian penurunan nilai aset i. Allowance for impairment losses of financial
keuangan (lanjutan) assets (continued)
i.1. Aset keuangan yang dicatat pada biaya i.1. Financial assets carried at amortized cost
perolehan diamortisasi (lanjutan) (continued)
Pengukuran kerugian kredit ekspektasian Expected credit loss measurement
(lanjutan) (continued)
Eksposur yang mengalami penurunan nilai Credit-impaired (or defaulted) exposures -
kredit/memburuk (gagal bayar) - Tahap 3 Stage 3 (continued)
(lanjutan)
Pinjaman korporasi Corporate loans
Pinjaman korporasi yang dikategorikan Corporate loans that are categorised as
mengalami penurunan nilai adalah pinjaman impaired are loans from debtors with internal
dari debitur dengan peringkat internal 7R atau grading at 7R or lower.
lebih rendah.
Pinjaman non-korporasi Non-corporate loans
Pinjaman non-korporasi yang dikategorikan Non-corporate loans that are categorised as
mengalami penurunan nilai adalah pinjaman impaired are loans that satisfy at least one of
yang memenuhi setidaknya satu dari kriteria the following criteria:
berikut:
a. Hari tunggakan lebih dari 90 hari a. Days past due over 90 days
b. Kolektibilitas OJK 3, 4 dan 5 b. OJK Grading 3, 4 and 5
Cadangan kerugian penurunan nilai Loss provisions against credit-impaired
terhadap aset keuangan yang mengalami financial assets are determined based on an
penurunan nilai ditentukan berdasarkan assessment of the recoverable cash flows
penilaian terhadap arus kas yang dapat under a range of scenarios with weighted
dipulihkan berdasarkan sejumlah skenario probabilities, including the realisation of any
dengan probabilitas tertimbang, termasuk collateral held where appropriate. The loss
realisasi jaminan yang dimiliki jika provisions held represent the difference
memungkinkan. Cadangan kerugian between the present value of the cash flows
penurunan nilai merupakan selisih antara expected to be recovered, discounted at the
nilai sekarang dari arus kas yang instrument’s original effective interest rate, and
diperkirakan akan dipulihkan, didiskontokan the gross carrying value of the instrument prior
pada suku bunga efektif awal, dan nilai to any credit impairment.
tercatat bruto instrumen sebelum penurunan
nilai kredit.
Pengukuran KKE di seluruh tahapan aset The measurement of ECL across all stages is
diperlukan untuk mencerminkan jumlah yang required to reflect an unbiased and probability-
tidak bias dan probabilitas tertimbang yang weighted amount that is determined by
ditentukan dengan mengevaluasi evaluating a range of reasonably possible
serangkaian kemungkinan yang dapat outcomes using reasonable and supportable
terjadi menggunakan informasi yang wajar information about past events, current
dan terdukung dengan peristiwa masa conditions and forecasts of future economic
lampau, kondisi saat ini, dan proyeksi terkait conditions.
dengan kondisi ekonomi di masa depan.
Periode yang diperhitungkan ketika The period considered when measuring ECL
mengukur KKE adalah periode yang lebih is the shorter of the expected life and the
pendek antara umur ekspektasian dan contractual term of the financial asset. The
periode kontrak aset keuangan, Umur expected life may be impacted by
ekspektasian dapat dipengaruhi oleh prepayments and the maximum contractual
pembayaran dimuka dan periode kontrak term by extension options. For certain
maksimum melalui opsi perpanjangan revolving portfolios, the expected life is
kontrak. Untuk portfolio revolving tertentu, assessed over the period that the Bank is
umur ekspektasian dinilai sepanjang periode exposed to credit risk, not the contractual term
dimana Bank terekspos dengan risiko kredit, of contract.
bukan sepanjang periode kontrak.
43
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
i. Cadangan kerugian penurunan nilai aset i. Allowance for impairment losses of financial
keuangan (lanjutan) assets (continued)
i.1. Aset keuangan yang dicatat pada biaya i.1. Financial assets carried at amortized cost
perolehan diamortisasi (lanjutan) (continued)
Pengukuran kerugian kredit Expected credit loss measurement
ekspektasian (lanjutan) (continued)
Eksposur yang mengalami penurunan nilai Credit-impaired (or defaulted) exposures -
kredit/memburuk (gagal bayar) - Tahap 3 Stage 3 (continued)
(lanjutan)
KKE atas komitmen pinjaman dan jaminan ECL on loan commitments and financial
keuangan diakui pada liabilitas lain-lain. Jika guarantees is recognized as other liabilities.
intrumen keuangan mencakup komponen Where a financial instrument includes both a
yang telah ditarik dan yang belum ditarik, drawn and an undrawn component, and the
dan Bank tidak dapat mengidentifikasi KKE Bank cannot identify the ECL on the loan
pada komponen pinjaman secara terpisah commitment component separately from
dari komponen yang telah ditarik, Bank those on the drawn component, the Bank
menyajikan cadangan kerugian gabungan presents a combined loss allowance for both
untuk kedua komponen. Jumlah gabungan components. The combined amount is
cadangan kerugian disajikan sebagai presented as a deduction from the gross
pengurang dari nilai tercatat bruto carrying amount of the drawn component. Any
komponen yang telah ditarik. Kelebihan dari excess of the loss allowance over the gross
cadangan kerugian atas nilai tercatat carrying amount of the drawn component is
komponen yang telah ditarik disajikan presented as other liabilities.
sebagai liabilitas lain-lain.
Penyajian kerugian kredit ekspektasian Presentation of expected credit losses
Untuk aset keuangan yang diukur pada For financial assets measured at amortized
biaya perolehan diamortisasi, saldo di cost, the balance at consolidated statement of
laporan posisi keuangan konsolidasian financial position reflects the gross carrying
mencerminkan nilai tercatat bruto dikurangi amount less ECL. Changes in expected credit
KKE. Perubahan atas kerugian kredit losses are recognized in the current year profit
ekspektasian diakui pada laba rugi tahun or loss.
berjalan.
i.2. Aset keuangan yang diukur pada nilai i.2. Financial assets measured at fair value
wajar melalui penghasilan komprehensif through other comprehensive income
lain
Pengukuran KKE untuk aset keuangan The ECL measurement for debt instrument
instrumen utang yang diukur pada nilai wajar financial assets measured at fair value
melalui penghasilan komprehensif lain through other comprehensive income uses
(FVOCI) menggunakan pendekatan dan the same approach and calculation model in
model perhitungan yang sama dengan measuring ECL for financial assets carried at
pengukuran KKE untuk aset keuangan yang amortized cost. For debt instrument financial
diukur pada biaya perolehan diamortisasi. assets in FVOCI category, the balance in
Untuk aset keuangan instrumen utang consolidated statement of financial position
dalam kategori FVOCI, saldo di laporan reflects the instrument’s fair value, with the
posisi keuangan konsolidasian ECL held as a separate reserve within other
mencerminkan nilai wajar instrumen, comprehensive income. Changes in expected
dengan KKE dibukukan terpisah sebagai credit losses are recognized in the current
cadangan pada penghasilan komprehensif year profit or loss.
lain. Perubahan atas kerugian kredit
ekspektasian diakui pada laba rugi tahun
berjalan.
44
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
i. Cadangan kerugian penurunan nilai aset i. Allowance for impairment losses of financial
keuangan (lanjutan) assets (continued)
i.3. Piutang murabahah i.3. Murabahah receivables
Entitas Anak melakukan evaluasi penurunan The Subsidiary performs impairment
nilai secara kolektif karena seluruh piutang evaluation collectively as all murabahah
murabahah memiliki nilai tidak signifikan receivables have individually insignificant
secara individu. value.
Untuk penurunan nilai secara kolektif ini, Bank For this collective impairment, the Bank
mengelompokkan portofolio piutang classifies the receivables portfolio based on
berdasarkan kesamaan karakteristik risiko the similarity of credit risk characteristics, that
kredit yaitu antara nasabah yang diberikan is between customers who were given
restrukturisasi dan nasabah yang tidak restructuring and customers who were not
direstrukturisasi, dimana metode yang restructured, where the method used follows
digunakan mengikuti incurred loss atau the incurred losses or reporting regulations.
regulatory reporting.
Entitas Anak menggunakan model analissa The Subsidiary uses statistical analysis
statistik dalam perhitungan cadangan models in determining the collective
kerugian penurunan nilai secara kolektif, yaitu impairment loss allowance, that is the
metode migration analysis dan metode vintage migration analysis method and the vintage
analysis. 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 restructured due to declining business
menurun (non-Covid). Pada metode migration (non-Covid). In the migration analysis
analysis, Entitas Anak menentukan tingkat method, the Subsidiary determines the loss
kerugian dari portofolio selama periode antara rate of the portfolio from the period between
terjadinya peristiwa gagal bayar dengan saat the occurrence of an default event and the
kerugian teridentifikasi untuk setiap portofolio identification of a loss for each identified
yang teridentifikasi dalam jangka waktu portfolio witthin 12 months. Impairment losses
12 bulan. Kerugian penurunan nilai atas on murabahah receivables are measured at
piutang murabahah diukur sebesar selisih the difference between the carrying amount of
antara nilai tercatat piutang murabahah the murabahah receivables and present value
dengan nilai kini estimasi arus kas masa of estimated future cash flows.
datang.
Metode vintage analysis digunakan untuk The vintage analysis method is used to
menentukan kerugian penurunan nilai dari determine the impairment loss of COVID-19
nasabah yang telah direstrukturisasi COVID- restructured customers. In the vintage
19. Pada metode vintage analysis, Entitas analysis method, the Subsidiary uses the loss
Anak menentukan tingkat kerugian rate based on the Subsidiary’s experience of
berdasarkan pengalaman Entitas Anak atas the condition of previous restructured
kondisi nasabah yang diretrukturisasi customers from the restructuring date until the
sebelumnya dari tanggal restrukturisasi financing receivables were paid-off or written-
sampai dengan piutang pembiayaan tersebut off. And consider customer payment trends in
lunas atau dihapusbukukan dan the restructuring period as well.
mempertimbangkan tren pembayaran
nasabah di periode restrukturisasi juga.
Ketika pembiayaan yang diberikan tidak When a financing is uncollectible, it is written-
tertagih, pembiayaan tersebut off against the related allowance for
dihapusbukukan dengan menjurnal balik impairment losses. Such financing is written-
cadangan kerugian penurunan nilai. off after all necessary procedures have been
Pembiayaan tersebut dapat dihapusbuku completed and the amount of the loss has
setelah semua prosedur yang diperlukan telah been determined.
terpenuhi dan jumlah kerugian telah
ditentukan.
45
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
i. Cadangan kerugian penurunan nilai aset i. Allowance for impairment losses of financial
keuangan (lanjutan) assets (continued)
i.3. Piutang murabahah (lanjutan) i.3. Murabahah receivables (continued)
Penerimaan kembali atas pembiayaan yang Subsequent recoveries of financing written off
telah dihapusbukukan pada tahun berjalan in the current year are credited to the
dikreditkan pada akun pembentukan provision for allowance for impairment losses
cadangan kerugian penurunan nilai. account. Subsequent recoveries of financing
Penerimaan kembali atas pembiayaan yang written off in previous year are recognized as
telah dihapusbukukan pada tahun other operating income.
sebelumnya dicatat sebagai pendapatan
operasional lainnya.
j. Giro pada Bank Indonesia dan bank-bank j. Current accounts with Bank Indonesia and
lain other banks
Setelah pengakuan awal, giro pada Bank Subsequent to initial recognition, current
Indonesia dan bank-bank lain diukur pada biaya accounts with Bank Indonesia and other banks
perolehan diamortisasi dengan menggunakan are measured at amortized cost using the
metode bunga efektif. effective interest method.
Giro pada Bank Indonesia termasuk giro wadiah Current accounts with Bank Indonesia include
Entitas Anak yang disajikan sebesar biaya the Subsidiary’s wadiah current accounts which
perolehan. Giro pada bank-bank lain termasuk are stated at acquisition cost. Current accounts
giro pada bank-bank lain Entitas Anak yang with other banks include the Subsidiary’s current
dinyatakan sebesar saldo giro dikurangi dengan accounts with other banks which are stated at
cadangan kerugian penurunan nilai. their outstanding balances, net of allowance for
impairment losses.
k. Penempatan pada Bank Indonesia dan bank- k. Placements with Bank Indonesia and other
bank lain banks
Setelah pengakuan awal, penempatan pada Subsequent to initial recognition, placements
Bank Indonesia dan bank-bank lain disajikan with Bank Indonesia and other banks are stated
sebesar biaya perolehan diamortisasi dengan at amortized cost using the effective interest
menggunakan metode bunga efektif. method.
Penempatan pada Bank Indonesia termasuk Placements with Bank Indonesia include
penanaman dana pada Bank Indonesia berupa placements of funds with Bank Indonesia in the
Fasilitas Simpanan Bank Indonesia (“FASBI”), form of Bank Indonesia Deposit Facilities
Fasilitas Simpanan Bank Indonesia Syariah (“FASBI”), Bank Indonesia Sharia Deposit
(“FASBIS”), Deposito Berjangka Bank Facilities (“FASBIS”), Bank Indonesia Term
Indonesia, Sertifikat Bank Indonesia Syariah Deposit, Bank Indonesia Sharia Certificates
(“SBIS”) dan call money. FASBIS dan SBIS (“SBIS”) and call money. FASBIS and SBIS are
merupakan sertifikat yang diterbitkan Bank certificates issued by Bank Indonesia as a proof
Indonesia sebagai bukti penitipan dana of short-term fund deposits under wadiah and
berjangka pendek dengan akad masing-masing jualah agreements, respectively. Placements
adalah wadiah dan jualah. Penempatan pada with Bank Indonesia and other banks of the
Bank Indonesia dan bank-bank lain dari Entitas Subsidiary are stated at acquisition cost.
Anak disajikan sebesar biaya perolehan.
l. Efek-efek l. Securities
Efek-efek terdiri dari Sertifikat Investasi Securities consist of Certificate of Interbank
Mudharabah Antar bank (“SIMA”), Sukuk Bank Mudharabah Investment (“SIMA”), Bank
Indonesia, sukuk korporasi, Surat Berharga Indonesia Sukuk, corporate sukuk, Sovereign
Syariah Negara, reksa dana syariah, obligasi Sharia Securities, sharia mutual funds,
pemerintah yang diperdagangkan di pasar uang government bonds traded in the money market
dan pasar modal, dan wesel ekspor. and capital market, and export bills.
46
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
l. Efek-efek (lanjutan) l. Securities (continued)
Efek-efek (selain sukuk, SIMA, reksa dana Securities (other than sukuk, SIMA, sharia
syariah, dan surat berharga lainnya berdasarkan mutual funds and other securities based on
prinsip syariah) pada awalnya dinilai sharia principles) are initially measured at fair
berdasarkan nilai wajar ditambah dengan (untuk value plus (for securities not subsequently
efek-efek yang tidak diukur pada nilai wajar measured at fair value through profit or loss)
melalui laba rugi) biaya transaksi yang dapat directly attributable transaction costs and
diatribusikan secara langsung dan pengukuran subsequent measurement will depend on their
selanjutnya tergantung pada klasifikasinya. Lihat classification. Refer to Note 2h.3 for the
Catatan 2h.3 untuk kebijakan akuntansi aset accounting policy of financial assets measured at
keuangan diukur pada biaya perolehan amortized cost.
diamortisasi.
Untuk efek-efek yang diukur dengan FVOCI, For securities measured at FVOCI, gains and
keuntungan dan kerugian diakui dalam losses are recognized in other comprehensive
penghasilan komprehensif lain, kecuali untuk income, except for the following, which are
beberapa hal di bawah ini yang diakui dalam recognized in profit or loss in the same manner
laba rugi sama seperti aset keuangan yang as for financial asset measured at amortized
diukur dengan biaya perolehan amortisasi: costs:
- pendapatan bunga menggunakan metode - interest amount using effective interest rate
suku bunga efektif; method;
- kerugian kredit ekspektasian dan pemulihan; - expected credit losses and reversal; and
dan
- keuntungan dan kerugian selisih kurs. - foreign exchange gain and losses.
Ketika efek-efek yang diukur pada FVOCI When securities measured at FVOCI are
dihentikan pengakuannya, keuntungan dan derecognized, the cumulative gain or loss
kerugian yang terakumulasi yang sebelumnya previously recognized in other comprehensive
diakui dalam penghasilan komprehensif lain di income is reclassified from equity to profit or
reklasifikasi dari ekuitas ke laba rugi. loss.
Efek-efek yang diukur dengan FVTPL saat Securities measured at FVTPL are initially
pengakuan awal dan setelah pengakuan awal recognized and subsequently measured at fair
diakui dan diukur pada nilai wajar di laporan value in the statement of financial position, with
posisi keuangan, dengan biaya transaksi yang transaction costs recognized directly in profit or
terjadi diakui langsung pada laba rugi. loss.
Seluruh perubahan nilai wajar diakui sebagai All changes in fair value are recognized as part
bagian dari pendapatan operasional lainnya of other operational income in the statement of
dalam laporan laba rugi dan penghasilan profit or loss and other comprehensive income.
komprehensif lain. Keuntungan atau kerugian Gains or losses which are realized when the
yang direalisasi pada saat penjualan atau securities measured at FVTPL are sold or settled
penyelesaian efek-efek yang diukur dengan are recognized in profit or loss.
FVTPL diakui pada laba rugi.
Premi dan/atau diskonto diamortisasi dan Premium and/or discount is amortized and
dilaporkan sebagai pendapatan bunga dengan reported as interest income using the effective
menggunakan metode suku bunga efektif. interest method.
Surat berharga syariah adalah surat bukti Sharia securities are proof of investments based
investasi berdasarkan prinsip syariah yang lazim on sharia principles that are commonly traded in
diperdagangkan di pasar uang syariah dan/atau the sharia money market and/or sharia capital
pasar modal syariah antara lain obligasi syariah markets, including sharia bonds (sukuk), SIMA,
(sukuk), SIMA, reksa dana syariah dan surat sharia mutual funds and other securities based
berharga lainnya berdasarkan prinsip syariah. on sharia principles.
47
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
l. Efek-efek (lanjutan) l. Securities (continued)
Grup menentukan klasifikasi investasi pada The Group determines the classification of
sukuk dan efek lain berprinsip syariah yang investments in sukuk and other securities under
mempunyai karakteristik yang serupa dengan sharia principles which have similar
sukuk, sesuai dengan PSAK characteristic with sukuk, in accordance with
No. 110 (Revisi 2015) dan penyesuaian tahun PSAK No. 110 (2015 Revision) and its
2020 tentang “Akuntansi Sukuk” sebagai berikut: amendments in 2020 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 menentukan terms in determining the specific date of
tanggal tertentu atas pembayaran pokok principal payments and or the margin. At the
dan atau hasilnya. Pada saat pengakuan initial recognition, investments in sukuk are
awal, investasi pada sukuk diukur pada nilai measured at fair value plus directly
wajar termasuk biaya transaksi yang dapat attributable transaction costs. Subsequent to
diatribusikan secara langsung untuk initial recognition, investments in sukuk are
memperoleh investasi tersebut. Setelah stated at acquisition cost, plus unamortized
pengakuan awal, investasi pada sukuk portion of transaction costs that are amortized
dinyatakan sebesar biaya perolehan, using straight-line method, minus allowance
ditambah biaya transaksi yang belum for impairment losses, if any.
diamortisasi dengan menggunakan metode
garis lurus, dikurangi cadangan kerugian
penurunan nilai, jika ada.
2) Diukur pada nilai wajar melalui penghasilan 2) Measured at fair value through other
komprehensif lain. Investasi tersebut dimiliki comprehensive income. The investment is
dalam suatu model usaha yang bertujuan held in a business model whereby the primary
utama untuk memperoleh arus kas goal is to obtain contractual cash flows and to
kontraktual dan melakukan penjualan sell the sukuk, and has contractual terms in
sukuk, dan terdapat persyaratan determining the specific date of principal
kontraktual dalam menentukan tanggal payments and/or the results.
tertentu atas pembayaran pokok dan/atau
hasilnya.
Pada saat pengakuan awal, investasi pada At the initial recognition, investments in sukuk
sukuk diukur pada nilai wajar termasuk are measured at fair value plus directly
biaya transaksi yang dapat diatribusikan attributable transaction costs. Subsequent to
secara langsung untuk memper investasi initial recognition, investments in sukuk are
tersebut. Setelah pengakuan awal, investasi stated at fair value. All changes in fair value
pada sukuk dicatat sebesar nilai wajar. are recognized in other comprehensive
Seluruh perubahan nilai wajar diakui pada income. When sukuk is derecognized,
penghasilan komprehensif lain. Ketika accumulated gain or loss which has
investasi sukuk dihentikan pengakuannya, previously recognized in other comprehensive
akumulasi keuntungan atau kerugian yang income is reclassified to profit or loss.
sebelumnya diakui dalam penghasilan
komprehensif lain dipindahkan ke laba rugi.
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
sukuk diukur pada nilai wajar tidak termasuk are measured at fair value excluding
biaya transaksi. Biaya transaksi langsung transaction costs. Transaction costs are
diakui pada laba rugi. Setelah pengakuan directly recognized in profit or loss.
awal, investasi pada sukuk dicatat sebesar Subsequent to initial recognition, investments
nilai wajar. Seluruh perubahan nilai wajar in sukuk are stated at fair value. All changes
diakui pada laba rugi tahun berjalan. in fair value are recognized in the current year
profit or loss.
48
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
l. Efek-efek (lanjutan) l. Securities (continued)
Investasi dalam unit reksa dana syariah Investment in sharia mutual funds are presented
dinyatakan sebesar nilai wajar yang ditentukan at fair value which is measured based on net
berdasarkan nilai aset bersih dari reksa dana asset value of mutual funds at reporting date. All
pada tanggal pelaporan. Seluruh perubahan changes in net asset value are recognized in
nilai aset bersih diakui pada penghasilan other comprehensive income. Investment in
komprehensif lain. Investasi dalam unit reksa protected sharia mutual funds are presented at
dana syariah terproteksi dinyatakan sebesar acquisition cost.
biaya perolehan.
m. Tagihan dan liabilitas derivatif m. Derivative receivables and payables
Dalam melakukan usaha bisnisnya, Bank In the normal course of business, the Bank enters
melakukan transaksi instrumen keuangan into transactions involving derivative financial
derivatif seperti swap mata uang asing, cross instruments such as foreign currency swap, cross
currency swap, dan swap suku bunga. currency swap, and interest rate swap.
Instrumen keuangan derivatif diakui pada nilai Derivative financial instruments are recognized
wajar, dengan biaya transaksi yang terjadi diakui at their fair value, with transaction costs
langsung pada laba rugi. Derivatif dicatat recognized directly in profit or loss. Derivative are
sebagai aset apabila memiliki nilai wajar positif carried as assets when the fair value is positive
dan sebagai liabilitas apabila memiliki nilai wajar and as liabilities when the fair value is negative.
negatif.
Keuntungan atau kerugian yang terjadi dari Gains or losses as a result of fair value changes
perubahan nilai wajar diakui sebagai laba rugi are recognized as current year profit or loss.
tahun berjalan.
n. Tagihan dan liabilitas akseptasi n. Acceptance receivables and payables
Tagihan akseptasi disajikan sebesar biaya Acceptance receivables are stated at amortized
perolehan diamortisasi dengan menggunakan cost using the effective interest method less
metode bunga efektif dikurangi cadangan allowance for impairment losses, where
kerugian penurunan nilai, jika diperlukan. appropriate.
Liabilitas akseptasi pada awalnya diakui sebesar Acceptance payables are recognized initially at
nilai wajar dan selanjutnya diukur pada biaya fair value and subsequently measured at
perolehan diamortisasi dengan menggunakan amortized cost using the effective interest
metode bunga efektif. method.
Tagihan akseptasi diklasifikasikan sebagai Acceptance receivables are classified as
biaya perolehan diamortisasi. Lihat Catatan 2h amortized cost. Refer to Note 2h for the
untuk kebijakan akuntansi mengenai biaya accounting policy of amortized cost.
perolehan diamortisasi.
o. Pinjaman yang diberikan dan pembiayaan/ o. Loans and sharia financing/receivables
piutang syariah
Pinjaman yang diberikan adalah penyediaan Loans represent disbursement of cash or cash
uang atau tagihan yang dapat disetarakan equivalent based on agreements with borrowers,
dengan kas, berdasarkan persetujuan atau where borrowers are required to repay their debts
kesepakatan pinjam-meminjam dengan debitur with interest after a specified period.
yang mewajibkan debitur untuk melunasi utang
berikut bunganya setelah jangka waktu tertentu.
Pembiayaan bersama dicatat sesuai dengan Joint financing is recorded according to the
porsi kredit yang risikonya ditanggung oleh proportion of risks borne by the Bank and stated
Bank, dan dinyatakan sebesar biaya perolehan at amortized cost.
diamortisasi.
Pinjaman yang diberikan diklasifikasikan Loans are classified as amortized cost. Refer to
sebagai biaya perolehan diamortisasi. Lihat Note 2h for the accounting policy of amortized
Catatan 2h untuk kebijakan akuntansi mengenai cost.
biaya perolehan diamortisasi.
49
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
o. Pinjaman yang diberikan dan pembiayaan/ o. Loans and sharia financing/receivables
piutang syariah (lanjutan) (continued)
Termasuk dalam pinjaman yang diberikan Included in the loans are sharia financing/
adalah pembiayaan/piutang syariah yang terdiri receivables which consist of murabahah
dari piutang murabahah, pembiayaan receivables, musyarakah financing and funds of
musyarakah dan pinjaman qardh. qardh.
Murabahah adalah akad jual beli antara Murabahah is a sale and purchase contract
nasabah dengan Entitas Anak, dimana Entitas between the customer and the Subsidiary,
Anak membiayai kebutuhan barang untuk whereby the Subsidiary finances the goods for
konsumsi, investasi dan modal kerja nasabah, consumption, investment and working capital
yang dijual dengan harga pokok ditambah needs of the customer, sold with a principle price
dengan marjin yang diketahui dan disepakati plus a certain margin that is mutually informed
bersama. Pembayaran atas pembiayaan ini and agreed. Repayment on this financing is
dilakukan dengan cara mengangsur dalam made in installments within a specified period.
jangka waktu yang ditentukan.
Piutang murabahah pada awalnya diukur pada Murabahah receivables are initially measured at
nilai bersih yang dapat direalisasi ditambah net realisable value plus directly attributable
dengan biaya transaksi yang dapat diatribusikan transaction costs and additional costs to obtain
secara langsung dan biaya tambahan untuk the respective murabahah receivables.
memperoleh piutang murabahah tersebut. Subsequent to the initial recognition, they are
Setelah pengakuan awal, piutang murabahah measured at amortized cost using the effective
diukur pada biaya perolehan diamortisasi rate of return method less deferred margin
menggunakan metode imbal hasil efektif income and allowance for impairment losses.
dikurangi pendapatan margin yang
ditangguhkan dan cadangan kerugian
penurunan nilai.
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 terms
pihak memberikan kontribusi dana dengan 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 contributions.
berdasarkan porsi kontribusi dana. Dana The fund consists of cash or non-cash assets
tersebut meliputi kas atau aset non-kas yang 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. Entitas The Subsidiary provides allowance for
Anak menetapkan cadangan kerugian impairment losses based on the financing quality
penurunan nilai sesuai dengan kualitas as determined by a review of each account.
pembiayaan berdasarkan penelaahan atas
masing-masing saldo pembiayaan.
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 dengan itu similar claims based on an agreement or contract
berdasarkan persetujuan atau kesepakatan between the borrower and the Subsidiary,
antara peminjam dan Entitas Anak yang wherein the borrower should repay the loan after
mewajibkan peminjam melunasi utangnya a specified period of time.
setelah jangka waktu tertentu.
50
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
o. Pinjaman yang diberikan dan pembiayaan/ o. Loans and sharia financing/receivables
piutang syariah (lanjutan) (continued)
Pinjaman qardh diakui sebesar total dana yang A funds of qardh is recognized in the amount lent
dipinjamkan pada saat terjadinya. Entitas Anak at the transaction date. The Subsidiary may
dapat menerima imbalan namun tidak receive a fee, however, this should not be stated
diperkenankan untuk dipersyaratkan di dalam in the agreement. The fee is recognized upon
perjanjian. Imbalan tersebut diakui pada saat receipt.
diterima.
Pinjaman qardh disajikan sebesar saldonya Funds of qardh is stated at its outstanding
dikurangi cadangan kerugian penurunan nilai. balance less allowance for impairment losses.
Modifikasi pinjaman yang diberikan Modification of loans
Skema modifikasi pinjaman yang diberikan Modification schemes for loans can be in the
dapat berupa penyesuaian pada suku bunga, form of adjustment on interest rate, loan principal
pokok bunga dan tunggakan bunga, and past due interest, extension of repayment
perpanjangan jangka waktu jatuh tempo, period, rescheduling of installments and other
penjadwalan kembali pembayaran angsuran modification of the terms of the loans.
serta modifikasi persyaratan kredit lainnya.
Jika persyaratan perjanjian suatu pinjaman If the terms of a loan are modified, then the Bank
dimodifikasi, maka Bank mengevaluasi apakah evaluates whether the contractual cash flows of
arus kas kontraktual dari pinjaman yang the modified asset are substantially different.
termodifikasi berbeda secara signifikan.
Jika arus kas berbeda secara signifikan, maka If the cash flows are substantially different, then
hak kontraktual atas arus kas dari aset the contractual rights to cash flows from the
keuangan yang original sebenarnya telah original financial asset are deemed to have
kadaluarsa. Dalam hal ini, aset keuangan yang expired. In this case the original financial asset is
original dihentikan pengakuannya dan aset derecognized and a new financial asset is
keuangan yang baru diakui pada nilai wajar recognized at fair value plus any eligible
ditambah biaya transaksi yang memenuhi transaction costs. Any fees received as part of
syarat. Imbalan yang diterima sebagai bagian the modification are accounted for as follows:
dari modifikasi diperhitungkan sebagai berikut:
- imbalan yang dipertimbangkan sewaktu - fees that are considered in determining that
menentukan nilai wajar dari aset baru dan fair value of the new asset and fees
imbalan yang merupakan pembayaran represent reimbursement of eligible
kembali (reimbursement) dari biaya transaction costs are included in the initial
transaksi yang memenuhi syarat akan measurement of the asset; and
dimasukkan sebagai pengakuan awal aset;
dan
- imbalan lainnya dimasukkan ke dalam laba - other fees are included in profit or loss as
rugi sebagai bagian dari keuntungan atau part of the gain or loss derecognition.
kerugian dari penghentian pengakuan.
51
Page 440
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
o. Pinjaman yang diberikan dan pembiayaan/ o. Loans and sharia financing/receivables
piutang syariah (lanjutan) (continued)
Modifikasi pinjaman yang diberikan (lanjutan) Modification of loans (continued)
Jika modifikasi aset keuangan yang diukur pada If the modification of a financial asset measured
biaya perolehan diamortisasi tidak at amortized cost does not result in
mengakibatkan penghentian pengakuan aset derecognition of the financial asset, then the
keuangan, maka Bank terlebih dahulu Bank first recalculates the gross carrying
menghitung kembali nilai tercatat bruto aset amount of the financial asset using the original
keuangan menggunakan suku bunga efektif effective interest rate of the asset and
awal aset tersebut dan mengakui selisih recognizes the resulting adjustment as
penyesuaian sebagai keuntungan atau kerugian modification gain or loss in profit or loss. Any
modifikasi di dalam laba rugi. Biaya atau costs or fees incurred and modification fees
imbalan yang terjadi dan imbalan modifikasi received are adjusted to the gross carrying
yang diterima disesuaikan ke nilai tercatat bruto amount of the modified financial asset and are
dan diamortisasi selama sisa jangka waktu aset amortized over the remaining term of the
keuangan yang dimodifikasi. modified financial asset.
Jika modifikasi dilakukan karena alasan risiko If a modification is carried out because of credit-
kredit, maka keuntungan atau kerugian disajikan risk reason, then the gain or loss is presented
sebagai kerugian penurunan nilai. Selain karena together with impairment losses. In other cases,
alasan ini, keuntungan atau kerugian disajikan it is presented as interest income calculated
sebagai pendapatan bunga yang dihitung using the effective interest method.
dengan menggunakan metode bunga efektif.
Dalam keadaan yang tidak biasa, setelah In some unusual circumstances, after changes
perubahan atau modifikasi yang mengakibatkan or modifications that result in de-recognition of
penghentian pengakuan aset keuangan awal, the original financial asset, there may be
mungkin terdapat bukti bahwa aset modifikasian evidence that the modified asset is credit-
memburuk pada pengakuan awal. Dengan impaired at initial recognition. Accordingly, the
demikian, aset keuangan tersebut diakui financial asset should be recognized as an
sebagai aset keuangan yang memburuk pada originated credit-impaired financial asset.
pengakuan awal.
Perubahan atau modifikasi yang dilakukan Changes or modifications that were made on the
karena resiko kredit, dapat dipertimbangkan basis of credit risk reason can be considered as
sebagai indikasi aset keuangan yang berasal an indication of originated credit-impaired
dari aset keuangan yang memburuk pada financial assets. Meanwhile changes or
pengakuan awal. Sedangkan perubahan atau modifications that were made on the basis of
modifikasi yang dilakukan dengan dasar business’ considerations, may not be
pertimbangan bisnis, mungkin tidak diakui recognized as originated credit-impaired
sebagai aset keuangan yang memburuk pada financial assets. However, comprehensive
pengakuan awal. Namun, penilaian ini perlu valuation should be performed to determine
dilakukan secara menyeluruh untuk whether initial recognition of financial assets has
menentukan apakah pengakuan awal aset deteriorated at initial recognition.
keuangan telah memburuk pada saat
pengakuan awal.
p. Penyertaan saham p. Investment in shares
Penyertaan saham dengan persentase Investment in shares with an ownership interest
kepemilikan di bawah 20% dan tidak memiliki below 20% and have no significant influence is
pengaruh signifikan pada awalnya diakui initially recognized at fair value and
sebesar nilai wajar dan selanjutnya diukur pada subsequently measured at fair value through
nilai wajar melalui laba rugi. profit or loss.
Dividen kas yang diterima dari penyertaan Cash dividend received from investment in
saham diakui sebagai pendapatan. shares is recognized as income.
52
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
q. Beban dibayar dimuka q. Prepayments
Beban dibayar dimuka adalah beban yang telah Prepayments are expenses which have been
dibayarkan tetapi belum diakui sebagai beban paid but not yet recognized as an expense in the
pada periode terjadinya. Beban dibayar dimuka related period. Prepayments are recognized as
akan diakui sebagai beban pada laba rugi pada expenses in the profit or loss when it is
saat diamortisasi sesuai dengan masa amortized in accordance with the expected
manfaatnya. period of benefit.
r. Aset tetap r. Fixed assets
Tanah disajikan sebesar nilai wajar, Land is presented at fair value based on
berdasarkan penilaian yang dilakukan oleh valuations performed by certified external
penilai independen eksternal yang telah independent valuers which are registered with
terdaftar di OJK. Penilaian atas aset tersebut OJK. Valuations are performed on a regular
dilakukan secara berkala dan apabila terdapat basis and if there is significant change in fair
perubahan nilai wajar yang signifikan untuk value to ensure that the fair value of a revalued
memastikan bahwa nilai wajar aset yang asset does not differ materially from its carrying
direvaluasi tidak berbeda secara material amount.
dengan jumlah tercatatnya.
Kenaikan nilai tercatat yang timbul dari revaluasi The increases in the carrying amount arising
tanah dikreditkan pada “cadangan revaluasi aset from revaluation of land is credited to the
tetap” sebagai bagian dari penghasilan “reserve on revaluation of fixed assets” as part
komprehensif lainnya. Penurunan yang of other comprehensive income. The decreases
menghapus nilai kenaikan yang sebelumnya that offset the previous increases are debited
atas aset tetap yang sama dibebankan terhadap against “reserve on revaluation of fixed assets”
“cadangan revaluasi aset tetap” sebagai bagian as part of other comprehensive income; all other
dari penghasilan komprehensif lainnya; decreases are charged to the current year profit
penurunan lainnya dibebankan pada laba rugi or loss.
tahun berjalan.
Tanah tidak disusutkan. Jika aset yang Land is not depreciated. When revalued assets
direvaluasi dijual, jumlah yang dicatat di dalam are sold, the amounts included in equity are
ekuitas dipindahkan ke saldo laba. transferred to retained earnings.
Aset tetap selain tanah diakui sebesar harga Fixed assets other than land are recognized at
perolehan setelah dikurangi akumulasi cost less accumulated depreciation.
penyusutan.
Harga perolehan termasuk pengeluaran yang Acquisition cost includes expenditure that is
dapat diatribusikan secara langsung atas directly attributable to the acquisition of the
perolehan aset tersebut. assets.
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 cost less accumulated
harga perolehan setelah dikurangi dengan depreciation.
akumulasi penyusutan.
53
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
r. Aset tetap (lanjutan) r. Fixed assets (continued)
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
sesuai masa sewa/according to
Leasehold improvement lease period Leasehold improvement
Kendaraan bermotor yang termasuk dalam Motor vehicles classified in class I are
golongan I adalah sepeda motor sedangkan motorcycles whilst operational vehicles and
kendaraan operasional dan kendaraan dinas office vehicles for directors or commissioners
untuk direktur atau komisaris termasuk dalam are classified in class II.
golongan II.
Perlengkapan kantor yang termasuk dalam Office equipment classified as class I are
golongan I adalah mebel dan peralatan dari kayu furniture and office equipment made from wood,
dan rotan, mesin kantor seperti mesin tik, mesin office machine such as typing machine,
fotokopi, komputer, laptop, alat komunikasi, alat photocopy machine, computer, laptop,
dapur dan perlengkapan lain seperti CCTV. communication tools, kitchen set and other
Sedangkan yang termasuk dalam golongan II equipment such as CCTV. Whilst office
adalah mebel dan peralatan dari logam seperti equipment classified as class II are furniture and
brankas, pendingin ruangan, dan generator office equipment made from metal such as
listrik. safes, air conditioning and electrical generator.
Biaya-biaya setelah pengakuan awal diakui Subsequent costs are included in the asset’s
sebagai bagian dari nilai tercatat aset atau carrying amount or recognized as a separate
sebagai aset yang terpisah sebagaimana asset, as appropriate, only when it is probable
mestinya, hanya jika kemungkinan besar Grup that future economic benefits associated with the
akan mendapatkan manfaat ekonomis masa item will flow to the Group and the cost of the
depan berkenaan dengan aset tersebut dan item can be measured reliably. The carrying
biaya perolehan aset dapat diukur dengan amount of the replaced part is derecognized.
handal. Nilai tercatat komponen yang diganti Repairs and maintenance costs are charged to
dihapuskan. Biaya perbaikan dan pemeliharaan the current year profit or loss.
dibebankan ke dalam laba rugi tahun berjalan.
Apabila aset tetap tidak digunakan lagi atau When fixed assets are no longer in use or
dijual, maka nilai perolehan dan akumulasi disposed of, their costs and the related
penyusutannya dihapuskan dari laporan accumulated depreciation are written off in the
keuangan konsolidasian. Keuntungan atau consolidated financial statements. Net gains or
kerugian bersih atas pelepasan aset tetap losses on disposals are determined by
ditentukan dengan membandingkan hasil yang comparing the proceeds with the carrying
diterima dengan nilai tercatat dan diakui pada amount and are recognized in the current year
laba rugi tahun berjalan. profit or loss.
54
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
r. Aset tetap (lanjutan) r. Fixed assets (continued)
Akumulasi biaya konstruksi bangunan serta The accumulated costs of the construction of
pemasangan peralatan kantor, dikapitalisasi buildings and the installation of office equipment
sebagai aset dalam penyelesaian. Biaya are capitalized as construction in progress.
tersebut direklasifikasi ke akun aset tetap pada These costs are reclassified to fixed assets
saat proses konstruksi atau pemasangan accounts when the construction or installation is
selesai. Penyusutan dimulai pada saat aset completed. Depreciation is charged from the
tersebut siap untuk digunakan dengan tujuan date the assets are ready for use in the manner
yang diinginkan manajemen. intended by management.
Nilai tercatat aset segera diturunkan menjadi S The asset’s carrying amount is written down
sebesar jumlah yang dapat dipulihkan ketika e immediately to its recoverable amount when the
nilai tercatat aset lebih besar dari estimasi asset’s carrying amount is greater than its
jumlah yang dapat dipulihkan. estimated recoverable amount.
Nilai sisa aset, masa manfaat dan metode The assets’ residual values, useful lives and
penyusutan ditelaah dan jika perlu disesuaikan, depreciation method are reviewed and adjusted
pada setiap akhir periode pelaporan. if appropriate, at the end of each reporting
period.
s. Aset takberwujud dan goodwill s. Intangible assets and goodwill
Goodwill Goodwill
Goodwill dinyatakan sebesar nilai perolehan Goodwill is carried at cost less accumulated
dikurangi akumulasi kerugian penurunan nilai. impairment losses. Goodwill impairment reviews
Peninjauan atas penurunan nilai pada goodwill are undertaken annually or more frequently if
dilakukan setahun sekali atau lebih sering events or changes in circumstances indicate a
apabila terdapat peristiwa atau perubahan potential impairment.
keadaan yang mengindikasikan adanya potensi
penurunan nilai.
Piranti lunak Software
Piranti lunak memiliki masa manfaat yang Software have a finite useful life and recognized
terbatas dan diakui sebesar harga perolehan, at acquisition cost, subsequently carried at cost
selanjutnya dicatat sebesar harga perolehan less accumulated amortization and accumulated
dikurangi akumulasi amortisasi dan kerugian impairment losses.
penurunan nilai.
Biaya yang dikeluarkan untuk memperoleh The costs incurred to acquire software license
lisensi piranti lunak dan mempersiapkan piranti and bring that software to use are capitalized.
lunak tersebut siap untuk digunakan
dikapitalisasi.
Biaya yang terkait dengan pemeliharaan Costs associated with maintaining software
program piranti lunak diakui sebagai beban pada programs are recognized as expense when
saat terjadinya. Biaya pengembangan yang incurred. Development costs that are directly
dapat secara langsung diatribusikan dalam attributable to the design and testing of
pembuatan dan pengujian produk piranti lunak identifiable and unique software products
yang dapat diidentifikasi dan unik yang controlled by the Group is recognized as
dikendalikan oleh Grup diakui sebagai aset intangible assets.
takberwujud.
55
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
s. Aset takberwujud dan goodwill (lanjutan) s. Intangible assets and goodwill (continued)
Piranti lunak (lanjutan) Software (continued)
Biaya yang dapat diatribusikan secara langsung Directly attributable costs that are capitalized as
dan dikapitalisasi sebagai bagian produk piranti part of the software product include the software
lunak mencakup beban pekerja pengembang development employee costs and an
piranti lunak dan bagian overhead yang relevan. appropriate portion of relevant overheads.
Pengeluaran pengembangan lain yang tidak Other development expenditures that do not
memenuhi kriteria ini diakui sebagai beban pada meet these criteria are recognized as expense
saat terjadinya. Biaya pengembangan yang when incurred. Development costs previously
sebelumnya diakui sebagai beban tidak dapat recognized as expense are not recognized as
diakui sebagai aset pada periode berikutnya. asset in a subsequent period.
Amortisasi diakui dalam laba rugi dengan Amortization is recognized in profit or loss on a
menggunakan metode garis lurus sepanjang straight-line basis over the estimated useful life
masa manfaat piranti lunak tersebut, sejak of the software, from the date it is ready for use.
tanggal piranti tersebut siap untuk dipakai. The estimated useful life of software is 4-8 years.
Estimasi masa manfaat dari piranti lunak adalah
4-8 tahun.
Aset takberwujud dihentikan pengakuannya Intangible assets shall be derecognized or
atau dilepas ketika tidak lagi terdapat manfaat disposed when no future economic benefits are
masa depan yang diharapkan dari penggunaan expected from its use or disposal.
atau pelepasannya.
t. Aset lain-lain t. Other assets
Aset lain-lain sebagian besar terdiri dari jaminan Other assets mainly consists of security
kontrak, uang muka, transaksi ATM dan transfer, deposits, advance payment, ATM transaction
tagihan kredit lainnya, agunan yang diambil alih, and transfer, other credit receivables, foreclosed
persediaan keperluan kantor, properti collateral, office supplies, abandoned property
terbengkalai dan tagihan kepada asuransi. and receivables from insurance company.
Grup mengakui kerugian penurunan nilai untuk The Group recognizes impairment losses of
aset lain-lain apabila taksiran jumlah yang dapat other assets if the recoverable amount of the
diperoleh kembali dari suatu aset lebih rendah assets is lower than the carrying value. At each
dari nilai tercatatnya. Pada setiap tanggal reporting date, the Group evaluates the
pelaporan, Grup melakukan penelaahan untuk recoverable amount of the assets to determine
menentukan apakah terdapat indikasi whether there is an indication of impairment.
penurunan nilai. Pemulihan penurunan nilai Reversal of impairment losses is recognized as
diakui sebagai keuntungan dalam laba rugi pada gain in the profit or loss when incurred.
saat terjadinya.
56
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
u. Simpanan nasabah dan simpanan dari bank- u. Deposits from customers and deposits from
bank lain other banks
Simpanan nasabah adalah dana yang Deposits from customers are the funds placed by
dipercayakan oleh masyarakat kepada Grup customers to the Group based on fund deposits
berdasarkan perjanjian penyimpanan dana. agreements. Included in these accounts are
Termasuk didalamnya adalah giro, tabungan, current accounts, saving deposits, time deposits,
deposito berjangka, deposito on call dan deposits on call and sharia deposits from
simpanan nasabah berdasarkan prinsip syariah. customers.
Simpanan nasabah berdasarkan prinsip syariah Sharia deposits consist of wadiah demand
terdiri dari giro dan tabungan wadiah. Giro deposits and saving deposits. Wadiah demand
wadiah merupakan giro wadiah yadh-dhamanah deposits are wadiah yadh-dhamanah demand
yakni titipan dana pihak lain dimana pemilik dana deposits in which the funds owner will get a
mendapatkan bonus berdasarkan kebijakan bonus based on the Subsidiary’s policy. Wadiah
Entitas Anak. Giro wadiah dicatat sebesar saldo demand deposits are stated at the amount
titipan pemegang giro wadiah. Tabungan wadiah entrusted by depositors. Wadiah saving deposits
merupakan simpanan pihak lain yang bisa represent third party funds which can be taken at
diambil kapan saja (on call) atau berdasarkan any time (on call) or by an agreement which
kesepakatan dimana tidak ada imbalan yang required no reward except in the form of
disyaratkan kecuali dalam bentuk pemberian voluntary bonus (‘Athaya’) on the part of the
(‘Athaya’) sukarela dari Entitas Anak. Subsidiary.
Simpanan dari bank-bank lain terdiri dari Deposits from other banks represent liabilities to
liabilitas terhadap bank lain, dalam bentuk call other domestic banks, in the form of call money,
money, giro, bank acceptance finance, dan current accounts, bank acceptance finance, and
tabungan. saving deposits.
Simpanan nasabah dan simpanan dari bank- Deposits from customers and deposits from
bank lain diklasifikasikan sebagai liabilitas other banks are classified as financial liabilities
keuangan yang diukur dengan biaya perolehan measured at amortized cost. Incremental costs
diamortisasi. Biaya tambahan yang dapat directly attributable to the acquisition of deposits
diatribusikan secara langsung dengan from customers and deposits from other banks
perolehan simpanan nasabah dan simpanan are deducted from the amount of deposits from
dari bank-bank lain dikurangkan dari jumlah customers and deposits from other banks.
simpanan nasabah dan simpanan dari bank-
bank lain.
Simpanan dari bank-bank lain disajikan sebesar Deposits from other banks are stated at the
jumlah liabilitas terhadap bank-bank lain. amounts due to other banks.
v. Efek-efek yang diterbitkan v. Securities issued
Efek-efek yang diterbitkan terdiri dari utang Securities issued consist of bonds payable.
obligasi.
Utang obligasi dicatat sebesar nilai nominal Bonds payable are stated at nominal value net
dikurangi dengan biaya emisi yang belum of unamortized bond issuance cost. Costs
diamortisasi. Biaya emisi adalah biaya yang incurred in connection with the bonds payable,
terjadi sehubungan dengan utang obligasi, are recognized as a deferred expense and offset
diakui sebagai beban yang ditangguhkan dan directly from the proceeds derived from such
dikurangkan langsung dari hasil emisi dan offerings and amortized over the period of the
diamortisasi selama jangka waktu utang obligasi bonds payable using the effective interest
tersebut dengan menggunakan metode bunga method.
efektif.
57
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
w. Pinjaman yang diterima w. 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
pinjaman dengan menggunakan metode bunga method.
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
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.
x. Imbalan kerja karyawan x. 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 pascakerja dihitung sebesar The post-employment benefits liabilities are
nilai kini dari taksiran jumlah imbalan pascakerja calculated at present value of estimated future
di masa depan yang timbul dari jasa yang telah benefits that the employees have earned in
diberikan oleh karyawan tersebut pada masa return for their services in the current and prior
kini dan masa lalu. Perhitungan dilakukan oleh periods. The calculation is performed by an
aktuaris independen dengan metode projected- independent actuary using the projected-unit-
unit-credit. credit method.
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, Specific
imbalan pasca-kerja untuk karyawan Time Employment Agreements (PKWT)
Perjanjian Kerja Waktu Tertentu (PKWT) Entitas employee post-employment benefit obligations
Anak dihitung secara internal dengan metode of the Subsidiary are calculated internally using
historical stay rate. the historical stay rate method.
58
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
x. Imbalan kerja karyawan (lanjutan) x. Employee benefits (continued)
Imbalan jangka panjang lainnya Other long-term benefits
Imbalan jangka panjang lainnya berupa cuti Other long-term benefits such as long service
berimbalan jangka panjang dihitung dengan leave are calculated using the projected unit
menggunakan metode projected unit credit dan credit method and discounted to present value.
didiskontokan ke nilai kini. Keuntungan dan Actuarial gains and losses arising from
kerugian aktuarial yang timbul dari penyesuaian experience adjustments and changes in
dan perubahan dalam asumsi-asumsi aktuarial actuarial assumption are recognized to the
diakui dalam laba rugi tahun berjalan. current year profit or loss.
y. Pinjaman subordinasi y. Subordinated loans
Pinjaman subordinasi pada awalnya diakui Subordinated loans are recognized initially at fair
sebesar nilai wajar dan selanjutnya diukur pada value and subsequently measured at amortized
biaya perolehan diamortisasi dengan cost using the effective interest method.
menggunakan metode bunga efektif.
z. Dana syirkah temporer z. Temporary syirkah funds
Dana syirkah temporer adalah dana yang Temporary syirkah funds represent investment
diterima oleh Entitas Anak. received by Subsidiary.
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 (mudharib/ owners of the funds (shahibul maal) grant
Entitas Anak) dalam pengelolaan investasinya freedom to the fund manager
sesuai prinsip syariah dengan keuntungan (mudharib/Subsidiary) in the management of
dibagikan sesuai kesepakatan. Dana syirkah their investments according to sharia principle
temporer terdiri dari tabungan mudharabah dan with profit distributed based on the agreement.
deposito mudharabah. Temporary syirkah funds consist 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 deposits are
saldo tabungan nasabah di Entitas Anak. stated based on the customer’s savings deposit
balance at the Subsidiary.
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 Entitas Anak. and the Subsidiary. Mudharabah time deposits
Deposito mudharabah dinyatakan sebesar nilai are stated at nominal amount as agreed
nominal sesuai dengan perjanjian antara between the deposit holder and the Subsidiary.
pemegang deposito dengan Entitas Anak.
Dana syirkah temporer tidak dapat digolongkan Temporary syirkah funds cannot be classified as
sebagai liabilitas. Hal ini karena Entitas Anak liability, because the Subsidiary does not have
tidak berkewajiban untuk menjamin any obligation to return the initial funds to the
pengembalian jumlah dana awal dari pemilik owners if the Subsidiary experiences losses,
dana bila Entitas Anak merugi kecuali kerugian except for losses caused by the Subsidiary’s
akibat kelalaian atau wanprestasi. Di sisi lain, management negligence or default. On the other
dana syirkah temporer tidak dapat digolongkan hand, temporary syirkah fund cannot be
sebagai ekuitas karena mempunyai waktu jatuh classified as equity, because of the maturity
tempo dan pemilik dana tidak mempunyai hak period and the depositors do not have the same
kepemilikan yang sama dengan pemegang rights as the shareholders such as voting rights
saham seperti hak voting dan hak atas realisasi and the rights of realised gain from current
keuntungan yang berasal dari aset lancar dan assets and other non-investment accounts.
aset non-investasi.
59
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
z. Dana syirkah temporer (lanjutan) z. Temporary syirkah funds (continued)
Pemilik dana syirkah temporer mendapatkan The owner of temporary syirkah funds receives a
imbalan bagi hasil sesuai dengan nisbah yang return from the profit sharing based on a
ditetapkan. predetermined ratio.
aa. Modal saham aa. Share capital
Saham biasa diklasifikasikan sebagai ekuitas. Ordinary shares are classified as equity.
Tambahan biaya yang secara langsung terkait Incremental costs directly attributable to the
dengan penerbitan saham biasa atau opsi baru issuance of new ordinary shares or options are
disajikan pada bagian ekuitas sebagai shown in equity as a deduction, net of tax, from
pengurang, sebesar jumlah yang diterima bersih the proceeds.
setelah dikurangi pajak.
Saham tresuri Treasury shares
Ketika Bank membeli modal saham ekuitas When the Bank purchases the equity share capital
(saham tresuri), imbalan yang dibayar, termasuk (treasury shares), the consideration paid,
biaya tambahan yang secara langsung dapat including any directly attributable incremental
diatribusikan (dikurangi pajak penghasilan) costs (net of income taxes) is deducted from
dikurangkan dari ekuitas yang diatribusikan equity attributable to the Bank’s equity holders
kepada pemilik ekuitas Bank sampai saham until the shares are cancelled or reissued. Where
tersebut dibatalkan atau diterbitkan kembali. such ordinary shares are subsequently reissued,
Ketika saham biasa tersebut selanjutnya any consideration received, net of any directly
diterbitkan kembali, imbalan yang diterima, attributable incremental transaction costs and the
dikurangi biaya tambahan transaksi yang terkait related income tax effects, is included in equity
dan dampak pajak penghasilan yang terkait attributable to the Bank’s equity holders.
dimasukkan kepada ekuitas yang dapat
diatribusikan kepada pemilik ekuitas Bank.
ab. Perpajakan ab. Taxation
Beban pajak penghasilan terdiri dari pajak kini Income tax expense consists of current and
dan pajak tangguhan. Beban pajak penghasilan deferred tax. Income tax expenses are recognized
diakui pada laba rugi, kecuali untuk komponen in profit or loss except to the extent that they relate
yang diakui secara langsung di ekuitas atau di to items recognized directly in equity or in other
comprehensive income.
penghasilan komprehensif lain.
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
adjustments made to the previous years’ tax
telah berlaku pada tanggal pelaporan. Pajak kini
provisions either to reconcile them with the
juga termasuk penyesuaian yang dibuat untuk income tax reported in annual tax returns, or to
penyisihan pajak tahun sebelumnya, baik untuk account for differences arising from tax
merekonsiliasi pajak penghasilan dengan pajak assesments.
yang dilaporkan di surat pemberitahuan tahunan,
atau untuk memperhitungkan perbedaan yang
muncul dari pemeriksaan pajak.
60
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
ab. Perpajakan (lanjutan) ab. Taxation (continued)
Beban pajak kini diukur menggunakan estimasi Current tax expense is measured using the best
terbaik atas jumlah yang diperkirakan akan estimate of the amount expected to be paid or
dibayar atau diterima, dengan received, taking into consideration the
mempertimbangkan ketidakpastian terkait uncertainty associated with the complexity of tax
dengan kompleksitas peraturan pajak. regulations.
Pajak tangguhan diakui atas perbedaan temporer Deferred tax is recognized in respect of
antara nilai tercatat aset dan liabilitas untuk tujuan temporary differences between the carrying
pelaporan keuangan dan nilai yang digunakan amounts of assets and liabilities for financial
untuk tujuan perpajakan. Pajak tangguhan diukur reporting purposes and the amounts used for
dengan menggunakan tarif pajak yang taxation purposes. Deferred tax is measured at
diharapkan untuk ditetapkan atas perbedaan the tax rates that are expected to be applied to
temporer pada saat pembalikan, berdasarkan temporary differences when they reverse, based
peraturan yang telah berlaku atau secara on the laws that have been enacted or
substantif berlaku pada tanggal pelaporan. substantively enacted as of the reporting date.
Kebijakan akuntansi ini juga mengharuskan This accounting policy also requires the
pengakuan manfaat pajak, seperti rugi fiskal yang recognition of tax benefits, such as tax loss
belum dikompensasi, yang timbul dari periode carryforwards, which are originated in the current
berjalan yang diharapkan akan direalisasi pada period that are expected to be realized in the
masa mendatang, apabila besar kemungkinan future periods, to the extent that realisation of
manfaat pajak tersebut dapat direalisasi. such benefits is probable.
Aset pajak tangguhan merupakan saldo bersih Deferred tax assets represent the net remaining
atas manfaat pajak tangguhan yang timbul dan balance of deferred tax benefits that have been
dipergunakan sampai dengan tanggal pelaporan. originated and utilized through the reporting date.
Aset pajak tangguhan ditelaah ulang pada setiap Deferred tax assets are reviewed at each
tangal pelaporan dan dikurangkan dengan reporting date and are reduced to the extent that
manfaat pajak sejumlah nilai yang besar it is no longer probable that the related tax benefit
kemungkinan yang tidak dapat terealisasi; will be realised; such reductions are reversed
pengurangan tersebut akan dibalik ketika when the probability of their realisation through
kemungkinan realisasi melalui laba kena pajak di future taxable profits improves.
masa depan meningkat.
Aset pajak tangguhan yang belum diakui dinilai Unrecognized deferred tax assets are
kembali pada setiap tanggal pelaporan dan diakui reassessed at each reporting date and
sepanjang kemungkinan besar laba kena pajak recognized to the extent that it has become
masa depan akan tersedia untuk digunakan. probable that future taxable income will be
available against which they can be used.
Grup telah menentukan bahwa bunga dan penalti The Group has determined that interest and
sehubungan dengan pajak penghasilan, penalties related to income taxes, including those
termasuk yang mungkin diterima dalam kaitannya that may materialize in connection with uncertain
dengan posisi pajak yang mengandung tax positions, do not meet the definition of income
ketidakpastian, tidak memenuhi definisi pajak taxes, and therefore are accounted for in
penghasilan, dan dengan demikian diperlakukan accordance with PSAK 57, Provisions,
sesuai dengan PSAK 57, Provisi, Liabilitas Contingent Liabilities and Contingent Assets.
Kontinjensi dan Aset Kontinjensi.
Koreksi atas kewajiban pajak diakui pada saat Amendments to tax obligations are recognized
surat ketetapan pajak diterima, atau apabila when an assessment is received, or if objection
diajukan keberatan dan atau banding, maka and or appeal is applied, when the results of the
koreksi diakui pada saat keputusan atas objection or the appeal are received.
keberatan atau banding itu diterima.
61
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
ac.((Pendapatan dan beban bunga dan ac. Interest income and expense and sharia
((pendapatan syariah dan hak pihak ketiga income and third parties’ shares on return of
((atas bagi hasil dana syirkah temporer temporary syirkah funds
(i). Pendapatan dan beban bunga (i). Interest income and expense
Pendapatan bunga atas aset keuangan baik Interest income on financial assets held at
yang diukur dengan nilai wajar melalui either fair value through other
penghasilan komprehensif lain atau biaya comprehensive income or amortized cost,
perolehan diamortisasi, dan beban bunga and interest expense on financial liabilities
atas liabilitas keuangan yang diukur dengan held at amortized cost are recognized in
biaya perolehan diamortisasi, diakui pada profit or loss using the effective interest
laba rugi menggunakan metode suku bunga method.
efektif.
Metode suku bunga efektif adalah metode The effective interest method is a method
yang digunakan untuk menghitung biaya of calculating the amortized cost of a
perolehan diamortisasi dari aset atau financial asset or liability and of allocating
liabilitas keuangan dan metode untuk the interest income or expense over the
mengalokasikan pendapatan atau beban relevant period. The effective interest rate
bunga selama periode yang relevan. Suku is the rate that exactly discounts estimated
bunga efektif adalah suku bunga yang future cash payments or receipts through
secara tepat mendiskontokan estimasi the expected life of the financial instrument,
pembayaran atau penerimaan kas masa to the gross carrying amount of the financial
depan sepanjang umur yang diperkirakan asset or to the amortized cost of the
atas instrumen keuangan, pada nilai tercatat financial liability. When calculating the
bruto dari aset keuangan atau pada biaya effective interest rate for financial
perolehan diamortisasi untuk liabilitas instruments other than purchased or
keuangan. Saat menghitung suku bunga originated credit-impaired assets, the Bank
efektif intrumen keuangan selain aset yang estimates future cash flows considering all
dibeli atau yang berasal dari aset keuangan contractual terms of the financial instrument
memburuk, Bank melakukan estimasi arus but not expected credit losses. For
kas masa depan dengan purchased or originated credit-impaired
mempertimbangkan seluruh perjanjian financial assets, a credit-adjusted effective
kontraktual atas instrumen keuangan tapi interest rate is calculated using estimated
tidak mempertimbangkan kerugian kredit future cash flows including expected credit
ekspektasian. Untuk aset keuangan yang losses. The calculation of the effective
dibeli atau yang berasal dari aset keuangan interest rate includes transaction costs and
memburuk, suku bunga efektif yang fees that are an integral part of the effective
disesuaikan dengan risiko kredit dihitung interest rate.
dengan menggunakan estimasi arus kas
masa depan termasuk kerugian kredit
ekspektasian. Perhitungan suku bunga
efektif termasuk biaya transaksi dan imbalan
yang merupakan bagian yang tak
terpisahkan dari suku bunga efektif.
62
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
ac.(Pendapatan dan beban bunga dan ac. Interest income and expense and sharia
pendapatan syariah dan hak pihak ketiga atas income and third parties’ shares on return of
bagi hasil dana syirkah temporer (lanjutan) temporary syirkah funds (continued)
(i). Pendapatan dan beban bunga (lanjutan) (i). Interest income and expense (continued)
Suku bunga efektif aset atau liabilitas The effective interest rate of a financial
keuangan dihitung pada saat pengakuan asset or financial liability is calculated on
awal aset atau liabilitas keuangan tersebut. initial recognition of a financial asset or
Dalam menghitung pendapatan dan beban financial liability. In calculating interest
bunga, suku bunga efektif diterapkan atas income and expense, the effective interest
nilai tercatat bruto aset keuangan (ketika rate is applied to the gross carrying amount
aset tidak mengalami penurunan nilai) atau of the asset (when the asset is not credit-
atas biaya perolehan diamortisasi dari impaired) or to the amortized cost of the
liabilitas keuangan. Suku bunga efektif financial liability. The effective interest rate
direvisi sebagai hasil dari perhitungan ulang is revised as a result of periodic re-
estimasi arus kas dari instrumen dengan estimation of cash flows of floating-rate
suku bunga mengambang secara berkala instruments to reflect movements in market
untuk merefleksikan perubahan suku bunga rates of interest. For financial assets that
pasar. Untuk aset keuangan yang telah have become credit-impaired subsequent
mengalami penurunan nilai setelah to initial recognition, interest income is
pengakuan awal, pendapatan bunga calculated by applying the effective interest
dihitung dengan menerapkan suku bunga rate to the amortized cost of the financial
efektif atas biaya perolehan diamortisasi asset. If the asset is no longer credit-
aset keuangan tersebut. Jika aset tersebut impaired, then the calculation of interest
tidak lagi mengalami penurunan nilai, maka income reverts to the gross carrying
perhitungan pendapatan bunga kembali amount.
menggunakan nilai tercatat bruto.
(ii). Pendapatan syariah (ii). Sharia income
Pendapatan pengelolaan dana oleh Entitas Income from fund management by
Anak sebagai mudharib terdiri atas Subsidiary as mudharib consist of income
pendapatan dari jual beli-margin from sales and purchases-murabahah
murabahah, pendapatan bagi hasil- margin, income from profit sharing-
pembiayaan musyarakah, dan pendapatan musyarakah financing and other main
usaha utama lainnya. operating income.
Pengakuan pendapatan atas piutang The revenue recognition of murabahah
murabahah yang tidak memiliki risiko yang receivables, which do not have significant
signifikan terkait dengan kepemilikan risk in relation with the ownership of
persediaan diakui pada laba rugi dengan inventory, are recognized in profit or loss
menggunakan metode tingkat imbal hasil using the effective rate of return method.
efektif.
63
Page 452
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
ac.(Pendapatan dan beban bunga dan ac. Interest income and expense and sharia
pendapatan syariah dan hak pihak ketiga atas income and third parties’ shares on return of
bagi hasil dana syirkah temporer (lanjutan) temporary syirkah funds (continued)
(ii). Pendapatan syariah (lanjutan) (ii). Sharia income (continued)
Tingkat imbal hasil efektif merupakan Effective rate of return is an allocation method
metode alokasi pengakuan pendapatan dan of revenue recognition and the rate which
merupakan tingkat imbal hasil yang secara exactly discounts the estimated future cash
tepat mendiskontokan estimasi penerimaan receipts through the expected life of the
kas di masa depan selama perkiraan umur murabahah receivables to obtain the carrying
dari piutang murabahah untuk memperoleh amount of murabahah receivables. When
nilai tercatat piutang murabahah. Pada saat calculating the effective rate of return, the
menghitung tingkat imbal hasil efektif, Subsidiary estimates future cash flows by
Entitas Anak mengestimasi arus kas di masa considering all contractual terms of the
datang dengan mempertimbangkan seluruh murabahah receivables, but does not
persyaratan kontraktual dalam piutang consider the loss of receivables in the future.
murabahah tersebut, tetapi tidak This calculation includes all commissions,
mempertimbangkan kerugian piutang di provisions and other forms received by the
masa mendatang. Perhitungan ini mencakup parties in a contract which are an integral part
seluruh komisi, provisi dan bentuk lain yang of the effective rate of return, transaction
diterima oleh para pihak dalam akad yang costs and all other premiums or discounts.
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 income on restructured
murabahah yang telah direstrukturisasi murabahah receivables with payment
dengan payment holiday atau skema holidays or scheme to postpone installment
penundaan pembayaran cicilan, Bank hanya payments, the Bank will only recognise
mengakui pendapatan marjin apabila Bank margin income if the Bank has a reasonable
cukup yakin bahwa pembayaran angsuran certainty that an installment payment will be
akan diterima sesuai dengan kesepakatan received in accordance with the agreement
dengan nasabah. with the customers.
Pendapatan bagi hasil - pembiayaan Income from profit sharing - musyarakah
musyarakah diakui dalam periode terjadinya financing is recognized during the period of
hak bagi hasil sesuai nisbah yang profit sharing in accordance with the pre-
disepakati. determined ratio.
(iii). Hak pihak ketiga atas bagi hasil dana syirkah (iii). Third parties’ shares on return of temporary
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 represents customer’s share on
nasabah yang didasarkan pada prinsip the Subsidiary’s income derived from the
mudharabah atas hasil pengelolaan dana management of their funds by the Subsidiary
mereka oleh Entitas Anak. Pendapatan yang under mudharabah principles. Distributable
dibagikan adalah yang telah diterima (cash income will be distributed from the cash
basis). received (cash basis).
64
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
ac. Pendapatan dan beban bunga dan ac. Interest income and expense and sharia
pendapatan syariah dan hak pihak ketiga income and third parties’ shares on return of
atas bagi hasil dana syirkah temporer temporary syirkah funds (continued)
(lanjutan)
(iii). Hak pihak ketiga atas bagi hasil dana syirkah (iii). Third parties’ shares on return of
temporer (lanjutan) temporary syirkah funds (continued)
Pendapatan marjin atas pembiayaan yang Margin income on financing facilities and
diberikan dan atas aset produktif lainnya other earning assets (placements with
(penempatan pada Bank Indonesia, Bank Indonesia, placements with other
penempatan pada bank lain dan investasi banks and investments in securities) are
pada surat berharga) akan dibagikan distributed to fund owners and the
kepada nasabah pemilik dana dan Entitas Subsidiary based on proportion of funds
Anak sesuai dengan proporsi dana yang used in the financing and other earning
dipakai dalam pembiayaan yang diberikan assets. Likewise, the available margin
dan aset produktif lainnya. Selanjutnya, income is then distributed to fund owners
pendapatan marjin yang tersedia tersebut as shahibul maal and the Subsidiary as
kemudian didistribusikan ke nasabah mudharib based on a pre-determined ratio
pemilik dana sebagai shahibul maal dan (nisbah).
Entitas Anak sebagai mudharib sesuai
porsi nisbah bagi hasil yang telah
disepakati bersama sebelumnya.
Pendapatan marjin dari pembiayaan dan Margin income from financing facilities and
aset produktif lainnya yang memakai dana other earning assets using the Subsidiary's
Entitas Anak, seluruhnya menjadi milik funds, are entirely shared for the
Entitas Anak, termasuk pendapatan dari Subsidiary, including income from the
transaksi Entitas Anak berbasis imbalan. Subsidiary’s fee-based transactions.
ad. Pendapatan provisi dan komisi ad. Fee and commission income
Pendapatan provisi dan komisi yang dapat Fees and commissions income directly
diatribusikan secara langsung kepada aktivitas attributable to lending activity are recognized as
peminjaman diakui sebagai pengurang biaya a deduction of lending cost and will be
pinjaman dan nilai tercatat atas pinjaman recognized as interest income by amortizing the
tersebut akan diamortisasi sebagai pendapatan carrying value of loan using effective interest
bunga dengan menggunakan metode bunga method.
efektif.
Pada umumnya pendapatan provisi dan komisi Fees and commissions income are generally
diakui menggunakan basis akrual pada saat recognized on an accrual basis when the service
jasa telah diberikan. Pendapatan provisi atas has been provided. Loan commitment fees for
komitmen memberikan pinjaman yang loans that are likely to be drawn down are
kemungkinan besar akan dicairkan (bersama- (together with related direct costs) recognized as
sama dengan biaya transaksi lain yang terkait an adjustment to the effective interest rate on the
langsung) diakui sebagai penyesuaian atas loan.
suku bunga efektif atas pinjaman yang
diberikan.
Pendapatan provisi dan komisi yang tidak Fees and commissions income which are not
berkaitan dengan kegiatan pemberian kredit related to lending activities are recognized as
diakui sebagai pendapatan pada saat terjadinya revenue on the transaction date and classified
transaksi dan diklasifikasikan sebagai under other operating income.
pendapatan operasional lainnya.
65
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
ae. Laba per saham ae. Earnings per share
Laba bersih per saham dasar dihitung dengan Basic earnings per share are computed by
membagi laba bersih dengan rata-rata dividing net profit with the weighted average
tertimbang jumlah saham biasa yang beredar number of ordinary shares outstanding during
pada tahun berjalan. the year.
Laba bersih 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, yaitu opsi saham. shares owned by Bank, which is stock option.
Ketika opsi dieksekusi, Bank menerbitkan When the options are exercised, the Bank issues
sejumlah saham baru atau menerbitkan new shares or reissues its treasury shares (if
kembali saham treasurinya (jika ada). Nilai kas any). The proceeds received, net of any directly
yang diterima, dikurangi dengan biaya transaksi attributable transaction costs, are credited to
yang dapat diatribusikan, dikreditkan ke modal share capital (nominal value) and share
saham (nilai nominal) dan agio saham. premium.
af. Segmen operasi af. Operating segment
Segmen operasi adalah komponen dari Grup An operating segment is a component of the
yang terlibat dalam aktivitas bisnis yang Group that engages in business activities from
menghasilkan pendapatan dan menimbulkan which it may earn revenues and incur expenses,
beban, termasuk pendapatan dan beban yang including revenues and expenses that relate to
terkait dengan transaksi dengan komponen transactions with any of the Group’s other
lain Grup, dimana hasil operasinya dikaji ulang components, whose operating results are
secara berkala oleh pengambil keputusan reviewed regularly by the operating decision
operasional untuk membuat keputusan makers to make decisions about resources
mengenai sumber daya yang akan allocated to the segment and assess its
dialokasikan pada segmen tersebut dan performance, and for which discrete financial
menilai kinerjanya, serta tersedia informasi information is available. Segment results that are
keuangan yang dapat dipisahkan. Hasil reported to the operating decision makers
segmen yang dilaporkan kepada pengambil include items directly attributable to a segment,
keputusan operasional meliputi komponen- as well as those that can be allocated on a
komponen yang dapat diatribusikan secara reasonable basis.
langsung kepada suatu segmen, dan
komponen-komponen yang dapat dialokasikan
dengan dasar yang wajar.
ag. Transaksi sewa ag. Lease transaction
Grup sebagai penyewa The Group as a lessee
Pada tanggal insepsi suatu kontrak, Grup At inception of a contract, the Group determines
menilai apakah suatu kontrak merupakan, atau if a contract is, or contains, a lease by considering
mengandung, sewa dengan whether the contract conveys the right to control
mempertimbangkan apakah kontrak tersebut the use of an identified asset for a period of time
memberikan hak untuk mengendalikan in exchange for a consideration.
penggunaan suatu aset identifikasian selama
suatu jangka waktu untuk dipertukarkan
dengan imbalan.
66
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
ag. Transaksi sewa (lanjutan) ag. Lease transaction (continued)
Grup sebagai penyewa (lanjutan) The Group as a lessee (continued)
Suatu kontrak memberikan hak untuk A contract conveys the right to control the use of
mengendalikan penggunaan suatu aset an identified asset if all of the following conditions
identifikasian jika semua kondisi di bawah are met:
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 is
aset identifikasian yang secara fisik physically distinct (as specified explicitly or
berbeda (sebagaimana ditentukan secara implicitly in the contract). If the supplier has a
eksplisit atau implisit dalam kontrak). Jika substantive substitution right, then the asset
pemasok memiliki hak substitusi yang cannot be considered as identifiable;
substantif, maka aset tersebut tidak dapat
dianggap dapat diidentifikasi;
- Grup memiliki hak untuk memperoleh - the Group have the right to obtain
secara substansial semua manfaat substantially all of the economic benefits from
ekonomi dari penggunaan aset selama the use of the asset throughout the period of
periode penggunaan; dan use; and
- Grup memiliki hak untuk mengarahkan - the Group have the right to direct the use of
penggunaan aset: yaitu memiliki hak the asset: i.e. they have decision-making
pengambilan keputusan yang paling rights that are most relevant to changing how
relevan untuk mengubah bagaimana dan and for what purpose the asset is used.
untuk tujuan apa aset tersebut digunakan.
Pada saat insepsi atau penilaian kembali At inception or on reassessment of a contract that
sebuah kontrak yang berisi komponen sewa, contains a lease component, the Group allocates
Grup mengalokasikan imbalan dalam kontrak the consideration in the contract to each lease
tersebut kepada setiap komponen sewa atas component on the basis of their relative stand-
dasar harga relatif yang berdiri sendiri. alone prices.
Grup mengakui aset hak guna dan liabilitas The Group recognizes a right-of-use asset and a
sewa pada tanggal dimulainya sewa. Aset hak lease liability at the lease commencement date.
guna awalnya diukur pada biaya perolehan, The right-of-use asset is initially measured at
yang terdiri dari jumlah pengukuran awal dari cost, which comprises the initial amount of the
liabilitas sewa disesuaikan dengan lease liability adjusted for any lease payments
pembayaran sewa yang dilakukan pada atau made at or before the commencement date, plus
sebelum tanggal permulaan, ditambah dengan any initial direct costs incurred and an estimate
biaya langsung awal yang dikeluarkan dan of costs to dismantle and remove the underlying
estimasi biaya untuk membongkar dan asset or to restore the underlying asset or the site
memindahkan aset pendasar atau untuk on which it is located, less any lease incentives
merestorasi aset pendasar atau tempat di received.
mana aset berada, dikurangi insentif sewa
yang diterima.
67
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
ag. Transaksi sewa (lanjutan) ag. Lease transaction (continued)
Grup sebagai penyewa (lanjutan) The Group as a lessee (continued)
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. Selain itu, aset hak guna secara berkala term. In addition, the right-of-use asset is
dikurangi dengan kerugian penurunan nilai, jika periodically reduced by impairment losses, if
ada, dan disesuaikan dengan pengukuran any, and adjusted for certain remeasurements of
kembali liabilitas sewa. the lease liability.
Liabilitas sewa awalnya diukur pada nilai kini The lease liability is initially measured at the
pembayaran sewa yang belum dibayar pada present value of the lease payments that are not
tanggal permulaan, didiskontokan dengan 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, using the
ditentukan, digunakan suku bunga pinjaman Group’s incremental borrowing rate. Generally,
inkremental Grup. Pada umumnya, Grup the Group uses their incremental borrowing rate
menggunakan suku bunga pinjaman as the discount rate.
inkremental sebagai tingkat bunga diskonto.
Pembayaran sewa yang termasuk dalam Lease payments included in the measurement of
pengukuran liabilitas sewa terdiri dari: the lease liability consist of:
- pembayaran tetap, termasuk pembayaran - fixed payments, including in-substance fixed
tetap secara-substansi, dikurangi insentif payments, less lease incentives receivable;
sewa yang belum diterima;
- 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 Grup cukup - the exercise price under a purchase option
pasti untuk mengeksekusi opsi, that the Group is reasonably certain to
pembayaran sewa dalam opsi periode exercise, lease payments in an option
perpanjangan jika Grup cukup pasti untuk renewal period if the Group is reasonably
melaksanakan opsi perpanjangan, dan certain to exercise an extension option, and
denda untuk penghentian sewa lebih awal penalties for early termination of a lease
kecuali Grup yakin tidak menghentikan unless the Group is reasonably certain not to
lebih awal. terminate early.
Liabilitas sewa diukur pada biaya perolehan The lease liability is measured at amortized cost
diamortisasi dengan menggunakan metode using the effective interest method. It is
suku bunga efektif. Liabilitas sewa diukur remeasured when there is a change in future
kembali ketika ada perubahan pembayaran lease payments arising from a change in an
sewa masa depan yang timbul dari perubahan index or rate, if there is a change in the Group’s
indeks atau suku bunga, jika ada perubahan estimate of the amount expected to be payable
estimasi Grup atas jumlah yang diperkirakan under a residual value guarantee, or if the Bank
akan dibayar dalam jaminan nilai residual, atau changes its assessment of whether it will
jika Bank mengubah penilaiannya apakah exercise a purchase, extension, or termination
akan mengeksekusi opsi beli, perpanjangan option.
atau penghentian.
68
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
ag. Transaksi sewa (lanjutan) ag. Lease transaction (continued)
Grup sebagai penyewa (lanjutan) The Group as a lessee (continued)
Ketika liabilitas sewa diukur kembali dengan When the lease liability is remeasured in this
cara ini, penyesuaian terkait dilakukan way, a corresponding adjustment is made to the
terhadap jumlah tercatat aset hak guna, atau carrying amount of the right-of-use asset or is
dicatat dalam laba rugi jika jumlah tercatat aset recorded in profit or loss if the carrying amount of
hak guna telah berkurang menjadi nol. the right-of-use asset has been reduced to zero.
Grup menyajikan aset hak guna dalam aset The Group presents right-of-use assets in fixed
tetap. assets.
Grup memilih untuk tidak mengakui aset hak The Group has elected not to recognize right-of-
guna dan liabilitas sewa untuk sewa jangka use assets and lease liabilities for short-term
pendek yang memiliki masa sewa 12 bulan leases that have a lease term of 12 months or
atau kurang dan sewa atas aset bernilai less and leases of low-value assets. The Group
rendah. Grup mengakui pembayaran sewa recognizes the leases payments associated with
atas sewa tersebut sebagai beban dengan these leases as an expense on a straight-line
dasar garis lurus selama masa sewa. Nilai basis over the lease term. The right-of-use
tercatat aset hak guna segera diturunkan asset’s carrying amount is written down
menjadi sebesar jumlah yang dapat dipulihkan immediately to its recoverable amount when the
ketika nilai tercatat aset lebih besar dari asset’s carrying amount is greater than its
estimasi jumlah yang dapat dipulihkan. estimated recoverable amount.
Modifikasi sewa Lease modification
Grup mencatat modifikasi sewa sebagai sewa The Group accounts for a lease modification as
terpisah jika: a separate lease if both:
- modifikasi meningkatkan ruang lingkup - the modification increases the scope of the
sewa dengan menambahkan hak untuk lease by adding the right to use one or more
menggunakan satu aset pendasar atau underlying assets; and
lebih; dan
- imbalan sewa meningkat sebesar jumlah - the consideration for the lease increases by
yang setara dengan harga tersendiri untuk an amount commensurate with the stand-
peningkatan dalam ruang lingkup dan alone price for the increase in scope and
penyesuaian yang tepat pada harga any appropriate adjustments to that stand-
tersendiri tersebut untuk merefleksikan alone price to reflect the circumstances of
kondisi kontrak tertentu. the particular contract.
Untuk modifikasi sewa yang tidak dicatat For a lease modification that is not accounted for
sebagai sewa terpisah, pada tanggal efektif as a separate lease, at the effective date of the
modifikasi sewa, Grup: lease modification, the Group:
- mengukur kembali dan mengalokasikan - remeasures and allocates the consideration
imbalan kontrak modifikasian; in the modified contract;
- menentukan masa sewa dari sewa - determines the lease term of the modified
modifikasian; lease;
69
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
ag. Transaksi sewa (lanjutan) ag. Lease transaction (continued)
Grup sebagai penyewa (lanjutan) The Group as a lessee (continued)
Modifikasi sewa (lanjutan) Lease modification (continued)
- mengukur kembali liabilitas sewa dengan - remeasures the lease liability by
mendiskontokan pembayaran sewa discounting the revised lease payments
revisian pada tingkat diskonto revisian using a revised discount rate on the basis of
berdasarkan sisa umur sewa dan sisa the remaining lease term and the remaining
pembayaran sewa dengan melakukan lease payment with a corresponding
penyesuaian terhadap aset hak guna. adjustment to the right-of-use assets. The
Tingkat diskonto revisian ditentukan revised discount rate is determined as the
sebagai suku bunga pinjaman inkremental Group’s incremental borrowing rate at the
Grup pada tanggal efektif modifikasi; effective date of the modification;
- menurunkan jumlah tercatat aset hak guna - decreases the carrying amount of the
untuk merefleksikan penghentian right-of-use asset to reflect the partial or full
sebagian atau seluruh sewa untuk termination of the lease for lease
modifikasi sewa yang menurunkan ruang modifications that decrease the scope of
lingkup sewa. Grup mengakui setiap laba the lease. The Group recognizes any gain
rugi yang terkait dengan penghentian or loss relating to the partial or full
sebagian atau seluruh sewa tersebut termination of the lease in profit or loss; and
dalam laba rugi; dan
- membuat penyesuaian terkait dengan aset - makes a corresponding adjustment to the
hak guna untuk seluruh modifikasi sewa right-of-use asset for all other lease
lainnya. modifications.
ah. Pengukuran nilai wajar ah. Fair value measurement
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 antara pelaku pasar at the measurement date in the principal market
pada tanggal pengukuran di pasar utama atau, or, in its absence, the most advantageous
jika tidak terdapat pasar utama, di pasar yang market to which the Group has access at that
paling menguntungkan dimana Grup memiliki date. The fair value of a liability reflects its non-
akses pada tanggal tersebut. Nilai wajar performance risk.
liabilitas mencerminkan risiko wanprestasinya.
Jika tersedia, Grup mengukur nilai wajar di When available, the Group measures the fair
pasar aktif untuk instrumen tersebut. Suatu value in an active market for that instrument. A
pasar dianggap aktif jika transaksi atas aset market is regarded as active if transactions for
dan liabilitas terjadi dengan frekuensi dan the asset or liability take place with sufficient
volume yang memadai untuk menyediakan frequency and volume to provide pricing
informasi penentuan harga secara information on an ongoing basis.
berkelanjutan.
Jika harga kuotasian tidak tersedia di pasar If there is no quoted price in an active market,
aktif, Grup menggunakan teknik penilaian then the Group uses valuation techniques that
dengan memaksimalkan penggunaan input maximize the use of relevant observable inputs
yang dapat diobservasi yang relevan dan and minimize the use of unobservable inputs.
meminimalkan penggunaan input yang tidak The chosen valuation technique incorporates all
dapat diobservasi. Teknik penilaian yang dipilih of the factors that market participants would take
menggabungkan semua faktor yang into account in pricing a transaction.
diperhitungkan oleh pelaku pasar dalam
penentuan harga transaksi.
70
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
ah. Pengukuran nilai wajar (lanjutan) ah. Fair value measurement (continued)
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 the fair value of the consideration given or
atau diterima. Jika Grup menetapkan bahwa received. If the Group determines that the fair
nilai wajar pada pengakuan awal berbeda value at initial recognition differs from the
dengan harga transaksi dan nilai wajar tidak transaction price and the fair value is evidenced
dapat dibuktikan dengan harga kuotasian di neither by a quoted price in an active market for
pasar aktif untuk aset atau liabilitas yang identik an identical asset or liability nor based on a
atau berdasarkan teknik penilaian yang hanya valuation technique that uses only data from
menggunakan data dari pasar yang dapat observable markets, then the financial
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.
Jika aset atau liabilitas yang diukur pada nilai If an asset or a liability measured at fair value has
wajar memiliki harga penawaran dan harga a bid price and an ask price, then the Group
permintaan, maka Grup mengukur aset dan measures assets and liabilities at its mid price.
liabilitas berdasarkan harga tengahnya.
Kelompok aset keuangan dan liabilitas Portfolios of financial assets and financial
keuangan yang diukur pada nilai wajar, yang liabilities measured at fair value, that are
terekspos risiko pasar dan risiko kredit yang exposed to market risk and credit risk that are
dikelola oleh Grup berdasarkan eksposur managed by the Group on the basis of the net
netonya, baik terhadap risiko pasar ataupun exposure to either market or credit risk, are
risiko kredit, diukur berdasarkan harga yang measured on the basis of a price that would be
akan diterima untuk menjual posisi net long received to sell a net long position (or paid to
(atau dibayar untuk mengalihkan posisi net transfer a net short position) for a particular risk
short) untuk eksposur risiko tertentu. exposure. Those portfolio-level adjustments
Penyesuaian pada level kelompok tersebut are allocated to the individual assets and
dialokasikan pada aset dan liabilitas individual liabilities based on the relative risk adjustment
berdasarkan penyesuaian risiko relatif dari of each of the individual instruments in the
masing-masing instrumen individual di dalam portfolio.
kelompok.
3. ESTIMASI DAN PERTIMBANGAN AKUNTANSI 3. CRITICAL ACCOUNTING ESTIMATES AND
YANG PENTING JUDGMENTS
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 23 – pengukuran liabilitas imbalan • Note 23 – measurement of post-employment
pascakerja dan imbalan jangka panjang benefits liabilities and other long-term benefits:
lainnya: asumsi-asumsi aktuarial. actuarial assumptions.
71
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. ESTIMASI DAN PERTIMBANGAN AKUNTANSI 3. CRITICAL ACCOUNTING ESTIMATES AND
YANG PENTING (lanjutan) JUDGMENTS (continued)
Sumber utama ketidakpastian estimasi (lanjutan) Key sources of estimation uncertainty (continued)
• Cadangan kerugian penurunan nilai aset • Allowance for impairment losses of financial
keuangan assets
Bank Bank
Grup melakukan peninjauan kembali atas aset The Group reviews their financial assets at
keuangan pada setiap tanggal pelaporan untuk reporting date to evaluate the allowance for
melakukan penilaian atas cadangan kerugian impairment losses. Management’s judgement is
penurunan nilai yang telah dicatat. applied in determining the level of allowance
Pertimbangan manajemen diperlukan dalam required.
menentukan tingkat cadangan yang
dibutuhkan.
Sesuai dengan PSAK 71, Bank mengestimasi In accordance with PSAK 71, the Bank
kerugian kredit ekspektasian (“KKE”) atas estimated the expected credit losses (“ECL”) on
pinjaman yang diberikan. Estimasi KKE loans. The ECL estimation involves use of
melibatkan penggunaan model dan asumsi models and assumptions which are the key
yang merupakan sumber utama ketidakpastian sources of estimation uncertainty.
dalam estimasi.
Penilaian risiko kredit dari portofolio aset The assessment of credit risk of an asset
memerlukan estimasi mengenai kemungkinan portfolio entails further estimations as to the
terjadinya gagal bayar, dari rasio kerugian yang likelihood of defaults occurring, of the
terkait dan korelasi gagal bayar antarpihak. associated loss ratios and of default correlations
Bank menggunakan model yang kompleks between counterparties. The Bank primarily
yaitu menggunakan matriks Probability of uses sophisticated models that utilize the
Default (PD), Loss Given Default (LGD) dan Probability of Default (PD), Loss Given Default
Exposure at Default (EAD), dan variabel (LGD) and Exposure at Default (EAD), and
makroekonomi untuk estimasi yang bersifat macroeconomic variables for forward looking
perkiraan masa depan, yang didiskontokan perspective, which are discounted using the
menggunakan suku bunga efektif, yang dapat effective interest rate, as described as follows:
dijelaskan sebagai berikut:
- PD merupakan kemungkinan pada suatu - PD represents the probability at a point in
waktu (point in time) dimana debitur time that debtor will default, calibrated over
mengalami gagal bayar, dikalibrasikan up to 12 months from the reporting date
sampai dengan periode 12 bulan dari (Stage 1) or over the lifetime of the asset
tanggal pelaporan (Tahap 1) atau (Stage 2) and incorporating the impact of
sepanjang umur aset (Tahap 2) dan forward looking economic assumptions that
memperhitungkan dampak asumsi have an effect on credit risk. PD is estimated
ekonomi masa depan yang memiliki at point in time that means it will fluctuate in
dampak terhadap risiko kredit. PD line with the economic cycle.
diestimasikan pada suatu waktu yang
berarti PD akan berfluktuasi sejalan dengan
siklus ekonomi.
72
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. ESTIMASI DAN PERTIMBANGAN AKUNTANSI 3. CRITICAL ACCOUNTING ESTIMATES AND
YANG PENTING (lanjutan) JUDGMENTS (continued)
Sumber utama ketidakpastian estimasi (lanjutan) Key sources of estimation uncertainty (continued)
• Cadangan kerugian penurunan nilai aset • Allowance for impairment losses of financial
keuangan (lanjutan) assets (continued)
Bank (lanjutan) Bank (continued)
- LGD merupakan kerugian yang - LGD represents the loss that is expected to
diperkirakan akan timbul dari debitur yang arise on default, incorporating the impact of
gagal bayar dengan memperhitungkan forward looking economic assumptions
dampak dari asumsi ekonomi masa depan where relevant, which represents the
yang relevan, yaitu perbedaan antara arus difference between the contractual cash
kas kontraktual yang seharusnya diterima flows due and those that the Bank expects to
dengan arus kas yang diharapkan Bank receive. The Bank estimates LGD based on
untuk diterima. Bank mengestimasikan the history of recovery rates and considers
LGD berdasarkan data historis tingkat the recovery of any collateral that is integral
pemulihan dan memperhitungkan to the loans, taking into account forward
pemulihan yang berasal dari jaminan yang looking economic assumptions where
merupakan bagian yang tidak terpisah dari relevant.
pinjaman yang diberikan dengan
mempertimbangkan asumsi ekonomi di
masa depan yang relevan.
- EAD merupakan perkiraan nilai eksposur - EAD represents the expected exposure at
pada saat gagal bayar dengan the time of default, taking into account the
mempertimbangkan perubahan eksposur expected change in exposure over the
yang diharapkan selama masa eksposur. lifetime of the exposure. This incorporates
EAD memperhitungkan dampak penarikan the impact of drawdowns of committed
fasilitas kredit (committed) yang dilakukan, facilities, repayments of principals and
pembayaran pokok dan bunga, amortisasi interest, amortization and prepayments,
dan pembayaran dimuka, serta dampak together with the impact of forward looking
dari asumsi ekonomi di masa depan yang economic assumptions where relevant,
relevan, yang dipilih berdasarkan which are chosen based on the collation of
pengumpulan data makroekonomi yang macroeconomics data obtained from various
diperoleh dari berbagai sumber seperti, sources such as, but not limited to,
namun tidak terbatas pada, regulator, regulators, government as well as
pemerintah serta organisasi penelitian independent research organisation.
independen.
Variabel makroekonomi yang digunakan terdiri The macroeconomic variables used, among
dari tingkat pertumbuhan pendapatan domestik others, consisted of gross domestic product
bruto (PDB), tingkat inflasi, nilai valuta asing, (GDP) growth rate, inflation rate, foreign
tingkat bunga antarbank, dan tingkat exchange rates, interbank rate, and
pengangguran. Untuk perhitungan KKE pada unemployment rate. In the calculation of ECL as
tanggal 31 Desember 2023 dan 2022, Bank of 31 December 2023 and 2022, the Bank used
menggunakan variabel makroekonomi sebagai macroeconomic variables as follows:
berikut:
31 Desember/December 2023
Tingkat Nilai tukar
pertumbuhan Tingkat Rupiah per
PDB per Tingkat bunga 1 USD/
tahun/ inflasi per antarbank per Exchange Tingkat
GDP growth tahun/ tahun/ rate of pengangguran/
Skenario/ rate per Inflation rate Interbank rate Rupiah Unemployment
Scenario annum per annum per annum per 1 USD rate
Terbaik/Best 5.5% 3.1% 4.5% 15,344 4.9%
Dasar/Base 5.2% 3.3% 4.8% 16,152 5.2%
Terburuk/Worst 4.9% 3.5% 5.0% 16,960 5.5%
73
Page 462
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. ESTIMASI DAN PERTIMBANGAN AKUNTANSI 3. CRITICAL ACCOUNTING ESTIMATES AND
YANG PENTING (lanjutan) JUDGMENTS (continued)
Sumber utama ketidakpastian estimasi (lanjutan) Key sources of estimation uncertainty (continued)
• Cadangan kerugian penurunan nilai aset • Allowance for impairment losses of financial
keuangan (lanjutan) assets (continued)
Bank (lanjutan) Bank (continued)
31 Desember/December 2022
Tingkat Nilai tukar
pertumbuhan Tingkat Rupiah per
PDB per Tingkat bunga 1 USD/
tahun/ inflasi per antarbank per Exchange Tingkat
GDP growth tahun/ tahun/ rate of pengangguran/
Skenario/ rate per Inflation rate Interbank rate Rupiah Unemployment
Scenario annum per annum per annum per 1 USD rate
Terbaik/Best 6.3% 2.9% 4.0% 14,986 5.3%
Dasar/Base 6.0% 3.0% 4.3% 15,775 5.6%
Terburuk/Worst 5.7% 3.2% 4.5% 16,564 5.9%
Dalam menentukan probabilitas tertimbang In determining the probability weighted of each
dari skenario yang akan terjadi di masa depan, scenario that will occur in the future, the Bank has
Bank telah melakukan analisis berdasarkan conducted an analysis based on historical GDP
informasi historis PDB yang meliputi insiden information which includes the major incident that
besar yang terjadi pada rentang waktu happened in the last 42 years.
42 tahun terakhir.
Bank menerapkan tiga skenario makroekonomi The Bank applied the following three
berikut untuk mencerminkan jumlah yang tidak macroeconomic scenarios to reflect an unbiased
bias dan probabilitas tertimbang yang probability-weighted range of possible future
ditentukan dengan mengevaluasi serangkaian outcomes in estimating ECL:
hasil yang kemungkinan dapat terjadi dalam
mengestimasi KKE:
- Skenario Dasar: Skenario ini - Base scenario: This scenario reflects that
mencerminkan bahwa kondisi current macroeconomic condition continues to
makroekonomi saat ini terus berlanjut; dan prevail; and
- Skenario Terbaik dan Terburuk: Skenario - Best and Worst scenarios: These scenarios
ini ditetapkan relatif terhadap skenario are set relative to the base scenario; reflecting
dasar; mencerminkan kondisi best and worst case macroeconomic
makroekonomi terbaik dan terburuk conditions based on combination of statistical
berdasarkan kombinasi pendekatan approach and subject matter expert’s
statistik dan penilaian dari subject matter assessment from current economic conditions.
expert berdasarkan kondisi ekonomi saat
ini.
74
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. ESTIMASI DAN PERTIMBANGAN AKUNTANSI 3. CRITICAL ACCOUNTING ESTIMATES AND
YANG PENTING (lanjutan) JUDGMENTS (continued)
Sumber utama ketidakpastian estimasi (lanjutan) Key sources of estimation uncertainty (continued)
• Cadangan kerugian penurunan nilai aset • Allowance for impairment losses of financial
keuangan (lanjutan) assets (continued)
Bank (lanjutan) Bank (continued)
Pemodelan dilakukan dengan Modelling is done by segmenting the credit
mengelompokkan portofolio kredit ke dalam 8 portfolio into 8 categories for retail loans and
kategori untuk pinjaman ritel dan 1 kategori 1 category for corporate loans.
untuk pinjaman korporasi.
Asumsi yang mendasari pemodelan akan The assumptions underlying modelling is
dipantau dan ditinjau setiap tahun. Tidak ada monitored and reviewed on an annual basis.
perubahan signifikan dalam teknik estimasi There have been no significant changes on
yang dibuat selama periode pelaporan. estimation techniques made during the reporting
period.
Khusus untuk pinjaman korporasi dan mitra Specifically for corporate and certain material
bisnis tertentu yang material, ketika pinjaman business banking loans, when the loans have
yang diberikan mengalami penurunan nilai, been impaired, the allowance for credit losses is
cadangan kerugian kredit dihitung secara calculated individually. In individual assessment,
individu. Dalam penilaian individu, kondisi the specific debtors' conditions are evaluated
spesifik debitur dievaluasi secara individu individually based on management's best
berdasarkan estimasi terbaik manajemen atas estimate of the present value of the cash flows that
nilai kini arus kas yang diharapkan akan are expected to be received. Evaluation over the
diterima. Evaluasi penilaian individu atas arus individual assessment is determined based on
kas yang diharapkan akan diterima ditentukan probability weighted of multiple scenarios.
berdasarkan probabilitas tertimbang beberapa
skenario.
Dalam mengestimasi arus kas tersebut, Probability-weighted estimation is performed by
manajemen membuat pertimbangan mengenai taking into account weighting for each scenario
situasi keuangan debitur dan nilai realisasi and uses minimum of 2 (two) scenarios to reflect
bersih dari setiap agunan yang ada. Setiap at least normal scenario and worst scenario. In
aset yang mengalami penurunan nilai dinilai estimating these cash flows, management makes
sesuai dengan keadaan dan strategi judgments about the debtors' financial situation
penyelesaian masing-masing. Estimasi arus and the net realizable value of any underlying
kas ekspektasian dari skenario-skenario collateral. Each impaired asset is assessed on its
estimasi disetujui secara independen oleh merits and the workout strategy. The estimated
Business Risk masing-masing segmen bisnis. expected cash flows from estimation scenarios
are independently approved by the Business Risk
from each business segment.
75
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. ESTIMASI DAN PERTIMBANGAN AKUNTANSI 3. CRITICAL ACCOUNTING ESTIMATES AND
YANG PENTING (lanjutan) JUDGMENTS (continued)
Sumber utama ketidakpastian estimasi (lanjutan) Key sources of estimation uncertainty (continued)
• Cadangan kerugian penurunan nilai aset • Allowance for impairment losses of financial
keuangan (lanjutan) assets (continued)
Entitas Anak Subsidiary
Perhitungan cadangan penurunan nilai kolektif Collectively assessed impairment allowances
meliputi kerugian kredit yang melekat dalam cover credit losses inherent in portfolios of the
portofolio piutang murabahah Entitas Anak. Subsidiary’s murabahah receivables. In assessing
Dalam menilai kebutuhan untuk cadangan the need for collective impairment allowances,
penurunan nilai kolektif, manajemen management considers factors such as financing
mempertimbangkan faktor-faktor seperti quality, characteristic of products and whether the
kualitas pembiayaan, karakteristik produk dan financing has been restructured.
apakah pembiayaan tersebut telah
direstrukturisasi.
Dalam mengestimasi cadangan yang In order to estimate the required allowance,
diperlukan, asumsi-asumsi dibuat untuk assumptions are made to define the way inherent
menentukan model kerugian bawaan dan losses are modeled and to determine the required
untuk menentukan parameter input yang input parameters, based on historical experience
diperlukan, berdasarkan pengalaman historis and current economic conditions. The accuracy of
dan kondisi ekonomi saat ini. Ketepatan dari the calculated allowances depends on how well
cadangan yang dihitung ini tergantung pada the estimates and assumptions on the model and
seberapa tepat estimasi dan asumsi pada parameters used in determining collective
model dan parameter yang digunakan dalam allowances.
menentukan cadangan kolektif.
Basis evaluasi atas cadangan kerugian Basis of evaluation of impairment for financial
penurunan nilai aset keuangan dan piutang assets and murabahah receivables is described in
murabahah dijelaskan pada Catatan 2i. Note 2i.
• Penentuan nilai wajar • • Determining fair values
Dalam menentukan nilai wajar atas aset The determination of fair value for financial assets
keuangan dan liabilitas keuangan dimana tidak and financial liabilities for which there is no
terdapat harga pasar yang dapat diobservasi, observable market price, the Group has to use
Grup harus menggunakan teknik penilaian valuation techniques as described in Note 2ai. For
seperti dijelaskan pada Catatan 2ai. Untuk financial instruments that trade infrequently and
instrumen keuangan yang jarang have little price transparency, fair value is less
diperdagangkan dan tidak memiliki harga yang objective, and therefore, it requires varying
transparan, nilai wajarnya menjadi kurang degrees of judgment depending on liquidity,
obyektif dan karenanya, membutuhkan tingkat concentration, uncertainty of market factors,
pertimbangan yang beragam, tergantung pada pricing assumptions and other risks affecting the
likuiditas, konsentrasi, ketidakpastian faktor specific instrument.
pasar, asumsi penentuan harga, dan risiko
lainnya yang mempengaruhi instrumen
tersebut.
Kebijakan akuntansi pengukuran nilai wajar The Group’s accounting policy on fair value
Grup dibahas pada Catatan 2ai. measurement is discussed in Note 2ai.
Pertimbangan akuntansi yang penting dalam Critical accounting judgments in applying the
menerapkan kebijakan akuntansi Grup Group’s accounting policies
• Nilai wajar atas instrumen keuangan • • Fair value of financial instruments
Kebijakan akuntansi Grup untuk pengukuran The Group’s accounting policy on fair value
nilai wajar dibahas di Catatan 2ai. measurements is discussed in Note 2ai.
76
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. ESTIMASI DAN PERTIMBANGAN AKUNTANSI 3. CRITICAL ACCOUNTING ESTIMATES AND
YANG PENTING (lanjutan) JUDGMENTS (continued)
Pertimbangan akuntansi yang penting dalam Critical accounting judgments in applying the
menerapkan kebijakan akuntansi Grup (lanjutan) Group’s accounting policies (continued)
• Nilai wajar atas instrumen keuangan (lanjutan) • • Fair value of financial instruments (continued)
Informasi mengenai penentuan nilai wajar dari Information about the determination of fair value
instrumen keuangan diungkapkan pada of financial instruments is disclosed in Note 41.
Catatan 41.
• Klasifikasi aset dan liabilitas keuangan serta • • Financial assets and liabilities as well as sharia
efek-efek syariah securities classification
Kebijakan akuntansi Grup memberikan pilihan The Group’s accounting policies provides
untuk mengklasifikasikan aset dan liabilitas choices to classify financial assets and liabilities
keuangan ke dalam berbagai kategori pada into different categories at initial recognition
saat pengakuan awal berdasarkan kondisi based on certain circumstances requiring
tertentu yang membutuhkan pertimbangan management’s judgement.
manajemen.
Dalam menentukan klasifikasi aset dan In determining the classification of financial
liabilitas keuangan, Bank telah menetapkan assets and liabilities, the Bank has determined
bahwa aset dan liabilitas keuangan telah that financial assets and liabilities have already
memenuhi persyaratan klasifikasi met the requirements of such classification as
sebagaimana dijabarkan dalam Catatan 2h. set out in Note 2h.
Dalam mengklasifikasikan investasi pada efek- In classifying investment in sharia securities as
efek syariah sebagai ”diukur pada biaya “measured at acquisition cost” and “measured at
perolehan” dan ”diukur pada nilai wajar melalui fair value through other comprehensive
penghasilan komprehensif lain”, Entitas Anak income”, the Subsidiary has determined that the
telah menetapkan bahwa investasi tersebut investment in sharia securities have already met
telah memenuhi persyaratan klasifikasi the requirements of such classification as set
sebagaimana dijabarkan dalam Catatan 2l. out in Note 2l.
• Sewa • Leases
Penentuan apakah suatu perjanjian Determining whether an arrangement is or
mengandung unsur sewa membutuhkan contains a lease requires careful judgement to
pertimbangan yang cermat untuk menilai assess whether the arrangement conveys a
apakah perjanjian tersebut memberikan hak right to obtain substantially all the economic
untuk mendapatkan secara substansial seluruh benefits from use of the asset throughout the
manfaat ekonomi dari penggunaan aset period of use and right to direct the use of the
identifikasian dan hak untuk mengarahkan asset, even if the right is not explicitly specified
penggunaan aset identifikasian, bahkan jika in the arrangement.
hak tersebut tidak dijabarkan secara eksplisit di
perjanjian.
Karena Grup tidak dapat dengan mudah Since the Group could not readily determine the
menentukan suku bunga implisit, manajemen implicit rate, management uses the Group's
menggunakan suku bunga pinjaman incremental borrowing rate as a discount rate.
inkremental Grup sebagai tingkat diskonto.
77
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. ESTIMASI DAN PERTIMBANGAN AKUNTANSI 3. CRITICAL ACCOUNTING ESTIMATES AND
YANG PENTING (lanjutan) JUDGMENTS (continued)
Pertimbangan akuntansi yang penting dalam Critical accounting judgments in applying the
menerapkan kebijakan akuntansi Grup (lanjutan) Group’s accounting policies (continued)
• Sewa (lanjutan) • Leases (continued)
Ada beberapa faktor yang perlu There are several factors to consider in
dipertimbangkan dalam menentukan suku determining an incremental borrowing rate,
bunga pinjaman inkremental, yang banyak di many of which need judgement in order to be
antaranya memerlukan pertimbangan untuk able to reliably quantify any necessary
dapat secara andal mengukur penyesuaian adjustments to arrive at the final discount rates.
yang diperlukan untuk sampai pada tingkat
diskonto akhir.
Dalam menentukan suku bunga pinjaman In determining incremental borrowing rate, the
inkremental, Grup mempertimbangkan faktor- Group considers the following main factors; the
faktor utama sebagai berikut; risiko kredit Grup, Group’s credit risk, the lease term, the lease
jangka waktu sewa, jangka waktu pembayaran payment term, the economic environment, the
sewa, lingkungan ekonomi, waktu di mana time at which the lease is entered, and the
sewa dimasukkan, dan mata uang di mana currency in which the lease payments are
pembayaran sewa ditentukan. denominated.
Dalam menentukan jangka waktu sewa, Grup In determining the lease term, the Group
mempertimbangkan semua fakta dan keadaan considers all facts and circumstances that create
yang menimbulkan insentif ekonomi untuk an economic incentive to exercise an extension
menggunakan opsi perpanjangan, atau tidak option, or not exercise a termination option.
menggunakan opsi penghentian. Opsi Extension options (or periods after termination
perpanjangan (atau periode setelah opsi options) are only included in the lease term if the
penghentian kontrak kerja) hanya dimasukkan lease is reasonably certain to be extended (or
dalam jangka waktu sewa jika sewa cukup pasti not terminated).
akan diperpanjang (atau tidak dihentikan).
4. KAS 4. CASH
31 Desember/December
2023 2022
Rupiah 1,369,417) 1,707,213) Rupiah
Dolar Amerika Serikat 54,843) 37,029) United States Dollar
Yen Jepang 3,821) 3,219) Japanese Yen
Dolar Singapura 602) -) Singapore Dollar
1,428,683) 1,747,461)
Saldo dalam mata uang Rupiah termasuk uang pada The Rupiah balance includes cash in ATMs
mesin ATM (Anjungan Tunai Mandiri) pada tanggal (Automatic Teller Machines) as of
31 Desember 2023 dan 2022 masing-masing 31 December 2023 and 2022 amounting to
sebesar Rp 62.968 dan Rp 74.196. Rp 62,968 and Rp 74,196, respectively.
Pada tanggal 31 Desember 2023 dan 2022, kas As of 31 December 2023 and 2022, cash has been
telah diasuransikan kepada perusahaan asuransi insured by the third-party insurance companies
pihak ketiga (disajikan sebesar nilai (presented at sum insured):
pertanggungan):
31 Desember/December
2023 2022
PT Asuransi MSIG Indonesia 386,750) 743,555) PT Asuransi MSIG Indonesia
PT Zurich General Takaful 76,250) 76,250) PT Zurich General Takaful
Indonesia Indonesia
Jumlah 463,000) 819,805) Total
78
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. KAS (lanjutan) 4. CASH (continued)
Grup berpendapat bahwa nilai pertanggungan The Group believes that the insurance coverage is
asuransi cukup untuk menutup kemungkinan adequate to cover possible losses arising from the
kerugian dari aset tersebut. assets.
5. GIRO PADA BANK INDONESIA 5. CURRENT ACCOUNTS WITH BANK INDONESIA
31 Desember/December
2023 2022
Rupiah 6,963,876) 7,710,064) Rupiah
Dolar Amerika Serikat 2,312,722) 2,505,286) United States Dollar
9,276,598) 10,215,350)
Termasuk dalam saldo giro pada Bank Indonesia Included in the balance of current accounts with Bank
adalah giro berdasarkan prinsip syariah dengan Indonesia are current accounts based on sharia
akad wadiah masing-masing sebesar Rp 663.443 principles under wadiah contract amounting to
dan Rp 694.427 pada tanggal 31 Desember 2023 Rp 663,443 and Rp 694,427 as of 31 December 2023
dan 2022. and 2022, respectively.
Giro Wajib Minimum (GWM) pada tanggal As of 31 December 2023 and 2022, the statutory
31 Desember 2023 dan 2022 adalah sebagai reserves were as follows:
berikut:
31 Desember/December
2023 2022
Bank Bank
Rupiah Rupiah
- GWM (Bank Konvensional) 8.30%) 8.20%) Statutory Reserves (Conventional Bank) -
- GWM Penyangga Likuiditas Statutory Reserve Macroprudential -
Makroprudensial (“PLM”) 9.49%) 10.91%) Liquidity Buffer (“PLM”)
- GWM Rasio Intermediasi Statutory Reserve Macroprudential -
Makroprudensial (“RIM”)* -) -) Intermediation Ratio (“RIM”)*
Mata uang asing Foreign currencies
- GWM mata uang asing 4.02%) 4.02%) Foreign currencies reserve -
Entitas Anak Subsidiary
Rupiah Rupiah
- GWM Total (Bank Syariah) 5.54%) 5.77%) Total Statutory Reserves (Sharia Bank) -
*) Pada tanggal 31 Desember 2023 dan 2022, rasio RIM Bank berada di *) As of 31 December 2023 and 2022, the Bank’s RIM ratio is above the
atas batas yang ditentukan. Walaupun demikian, Bank tidak dikenakan specified limit. Nevertheless the Bank is not subject to the Statutory
GWM RIM dikarenakan rasio KPMM Bank berada di atas 14%. Reserves RIM as the Bank’s CAR is above 14%.
Grup memenuhi ketentuan BI yang berlaku The Group fulfilled BI’s regulations regarding
tentang Giro Wajib Minimum pada tanggal Statutory Reserve Requirements as of
31 Desember 2023 dan 2022. 31 December 2023 and 2022.
79
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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 PADA BANK-BANK LAIN 6. CURRENT ACCOUNTS WITH OTHER BANKS
a. Berdasarkan mata uang a. By currency
31 Desember/December
2023 2022
Rupiah 117,727) 92,222) Rupiah
Mata uang asing Foreign currencies
Dolar Amerika Serikat 446,607) 1,453,587) United States Dollar
Yen Jepang 153,105) 390,933) Japanese Yen
Euro Eropa 62,471) 89,866) European Euro
Dolar Australia 54,675) 38,734) Australian Dollar
Dolar Singapura 52,601) 2,234) Singapore Dollar
Poundsterling Inggris 42,308) 35,593) British Poundsterling
Baht Thailand 18,448) 84,304 Thailand Baht
Mata uang asing lainnya 14,445) 2,088) Other foreign currencies
844,660) 2,097,339)
Cadangan kerugian penurunan nilai (158) (415) Allowance for impairment losses
962,229) 2,189,146)
b. Berdasarkan hubungan dengan pihak lawan b. By relationship with counterparties
31 Desember/December
2023 2022
Pihak ketiga Third parties
Rupiah 117,727) 92,222) Rupiah
Mata uang asing 382,599) 1,457,632) Foreign currencies
500,326) 1,549,854)
Pihak berelasi Related party
Mata uang asing 462,061) 639,707) Foreign currencies
Cadangan kerugian penurunan nilai (158) (415) Allowance for impairment losses
962,229) 2,189,146)
c. Berdasarkan pihak lawan c. By counterparties
31 Desember/December
2023 2022
Pihak ketiga Third parties
Wells Fargo Bank N.A., New York 277,571) 1,333,299) Wells Fargo Bank N.A., New York
PT Bank Central Asia Tbk 119,367) 96,905) PT Bank Central Asia Tbk
National Australia Bank, Singapura 54,675) 38,734) National Australia Bank, Singapore
PT Bank Mandiri (Persero) Tbk 24,109) 34,899) PT Bank Mandiri (Persero) Tbk
PT Bank Negara Indonesia PT Bank Negara Indonesia
(Persero) Tbk 13,395) 5,645) (Persero) Tbk
Citibank N.A., New York 8,091) 37,953) Citibank N.A., New York
Lain-lain 3,118) 2,419) Others
500,326) 1,549,854)
Pihak berelasi Related party
Sumitomo Mitsui Banking Sumitomo Mitsui Banking
Corporation 462,061) 639,707) Corporation
Cadangan kerugian penurunan nilai (158) (415) Allowance for impairment losses
962,229) 2,189,146)
80
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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 PADA BANK-BANK LAIN (lanjutan) 6. CURRENT ACCOUNTS WITH OTHER BANKS
(continued)
c. Berdasarkan pihak lawan (lanjutan) c. By counterparties (continued)
Giro pada bank-bank lain pada tanggal As of 31 December 2023 and 2022, current
31 Desember 2023 dan 2022 diklasifikasikan accounts with other banks were classified as
lancar berdasarkan kolektibilitas OJK. Tidak current based on OJK collectibility. There were
terdapat saldo giro pada bank-bank lain yang no current accounts with other banks which were
diblokir atau digunakan sebagai agunan pada blocked or used as collateral as of those dates.
tanggal-tanggal tersebut.
Tingkat suku bunga rata-rata per tahun atas giro The average interest rates per annum of current
pada bank-bank lain untuk tahun yang berakhir accounts with other banks for year ended
pada tanggal 31 Desember 2023 dan 2022 31 December 2023 and 2022 were as follows:
adalah sebagai berikut:
31 Desember/December
2023 2022
Rupiah 0.63%) 1.78%) Rupiah
Mata uang asing 0.53%) 0.12%) Foreign currencies
Perubahan dalam cadangan kerugian The movement of the allowance for impairment
penurunan nilai adalah sebagai berikut: losses was as follows:
31 Desember/December
2023 2022
Saldo awal (415) (460) Beginning balance
Pemulihan selama tahun Reversal during the
berjalan (Catatan 34) 256) 44) year (Note 34)
Lainnya 1) 1) Others
Saldo akhir (158) (415) Ending balance
Manajemen berpendapat bahwa cadangan Management believes that the allowance for
kerugian penurunan nilai yang dibentuk cukup impairment losses was adequate to cover
untuk menutup kemungkinan kerugian akibat impairment losses for current accounts with
penurunan nilai atas giro pada bank-bank lain other banks as of 31 December 2023 and 2022.
pada tanggal 31 Desember 2023 dan 2022.
7. PENEMPATAN PADA BANK INDONESIA DAN BANK- 7. PLACEMENTS WITH BANK INDONESIA AND OTHER
BANK LAIN BANKS
Pada tanggal 31 Desember 2023 dan 2022, seluruh As of 31 December 2023 and 2022, all placements with
penempatan pada Bank Indonesia dan bank-bank lain Bank Indonesia and other banks were placed at third
ditempatkan pada pihak ketiga. parties.
a. Berdasarkan mata uang a. By currency
31 Desember/December
2023 2022
Rupiah 3,064,603) 11,307,098) Rupiah
Mata uang asing Foreign currencies
Dolar Amerika Serikat 5,897,051) 10,578,116) United States Dollar
Pendapatan bunga yang masih akan
diterima 2,624) 2,851) Accrued interest income
Cadangan kerugian penurunan nilai -) (171) Allowance for impairment losses
8,964,278) 21,887,894)
Pada tanggal 31 Desember 2023 dan 2022, jumlah As of 31 December 2023 and 2022, total placements
penempatan pada Bank Indonesia dan bank-bank with Bank Indonesia and other banks that were
lain yang digolongkan sebagai setara kas adalah classified as cash equivalents amounted to
masing-masing sebesar Rp 8.961.654 dan Rp 8,961,654 and Rp 21,885,214, respectively.
Rp 21.885.214.
81
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. PENEMPATAN PADA BANK INDONESIA DAN BANK- 7. PLACEMENTS WITH BANK INDONESIA AND OTHER
BANK LAIN (lanjutan) BANKS (continued)
b. Berdasarkan jenis b. By type
31 Desember/December
2023 2022
Deposito berjangka 6,135,051) 21,111,655) Time deposits
Fasilitas Simpanan Bank Indonesia
(“FASBI”), bersih setelah dikurangi Bank Indonesia’s Deposit Facilities
dengan diskonto yang belum (“FASBI”), net of unamortized
diamortisasi 2,826,603) 298,965) discount
Call money -) 474,594) Call money
8,961,654) 21,885,214)
Pendapatan bunga yang masih akan
diterima 2,624) 2,851) Accrued interest income
Cadangan kerugian penurunan nilai -) (171) Allowance for impairment losses
8,964,278) 21,887,894)
c. Berdasarkan pihak lawan c. By counterparties
31 Desember/December
2023 2022
Deposito berjangka: Time deposits:
Bank Indonesia 5,897,051) 20,881,155) Bank Indonesia
PT Bank Muamalat PT Bank Muamalat
Indonesia Tbk 180,500) 186,000) Indonesia Tbk
PT Bank Aceh Syariah 50,000) -) PT Bank Aceh Syariah
PT Bank Mega Syariah 7,500) 44,500) PT Bank Mega Syariah
6,135,051) 21,111,655)
Penempatan lain: Other placements:
Bank Indonesia - bersih setelah
dikurangi dengan diskonto yang Bank Indonesia - net of unamortized
belum diamortisasi 2,826,603) 298,965) discount
PT Bank OCBC NISP Tbk -) 250,000) PT Bank OCBC NISP Tbk
PT Bank Mega Tbk -) 155,675) PT Bank Mega Tbk
PT Bank Pembangunan Daerah PT Bank Pembangunan Daerah
Jawa Tengah Tbk -) 38,919) Jawa Tengah Tbk
PT Bank Pembangunan Daerah PT Bank Pembangunan Daerah
Jawa Timur Tbk -) 30,000) Jawa Timur Tbk
8,961,654) 21,885,214)
Pendapatan bunga yang masih
akan diterima 2,624) 2,851) Accrued interest income
Cadangan kerugian penurunan nilai -) (171) Allowance for impairment losses
8,964,278) 21,887,894)
82
Page 471
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. PENEMPATAN PADA BANK INDONESIA DAN BANK- 7. PLACEMENTS WITH BANK INDONESIA AND OTHER
BANK LAIN (lanjutan) BANKS (continued)
d. Berdasarkan jangka waktu d. By time period
31 Desember/December
2023 2022
Hingga 1 bulan 8,723,654) 21,795,214) Up to 1 month
Lebih dari 1 - 3 bulan 238,000) 90,000) More than 1 - 3 months
8,961,654) 21,885,214)
Pendapatan bunga yang masih akan
diterima 2,624) 2,851) Accrued interest income
Cadangan kerugian penurunan nilai -) (171) Allowance for impairment losses
8,964,278) 21,887,894)
e. Berdasarkan sisa periode sampai dengan tanggal e. By remaining period to maturity date
jatuh tempo
Informasi mengenai sisa periode sampai dengan Information regarding remaining period to maturity
tanggal jatuh tempo diungkapkan pada Catatan 41. date was disclosed in Note 41.
f. Tingkat suku bunga f. Interest rate
Tingkat suku bunga rata-rata per tahun atas The average interest rates per annum of placements
penempatan pada Bank Indonesia dan bank-bank lain with Bank Indonesia and other banks for the years
untuk tahun-tahun yang berakhir pada tanggal ended 31 December 2023 and 2022 were as follows:
31 Desember 2023 dan 2022 adalah sebagai berikut:
31 Desember/December
2023 2022
Rupiah 5.35%) 3.20%) Rupiah
Mata uang asing 4.87%) 2.53%) Foreign currencies
g. Cadangan kerugian penurunan nilai g. Allowance for impairment losses
Perubahan dalam cadangan kerugian penurunan nilai The movement of the allowance for impairment losses
adalah sebagai berikut: was as follows:
31 Desember/December
2023 2022
Saldo awal (171) (206) Beginning balance
Pemulihan selama tahun berjalan Reversal during the year
(Catatan 34) 167) 42) (Note 34)
Lainnya 4) (7) Others
Saldo akhir -) (171) Ending balance
Manajemen berpendapat bahwa tidak diperlukan Management believes that no allowance for
cadangan kerugian penurunan nilai pada tanggal impairment losses was needed as of
31 Desember 2023 dan cadangan kerugian 31 December 2023 and allowance for impairment
penurunan nilai cukup untuk menutup kemungkinan losses was adequate to cover impairment losses for
kerugian akibat penurunan nilai atas penempatan placement with Bank Indonesia and other banks as of
pada Bank Indonesia dan bank-bank lain pada 31 December 2022.
tanggal 31 Desember 2022.
83
Page 472
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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)
8. EFEK-EFEK 8. SECURITIES
a. Berdasarkan jenis mata uang dan penerbit a. By currency and issuer
31 Desember/ December 2023
Premium
Keuntungan (diskonto) yang
(kerugian) yang belum
belum diamortisasi/
direalisasi/ Unamortized Nilai tercatat/
Nilai nominal/ Unrealized premium Carrying
Nominal value gains (losses) (discount) amount
Rupiah
Diukur pada nilai wajar melalui laba rugi/
Measured at fair value through profit or
loss
Obligasi pemerintah/Government bonds 121,755) 1,181) -) 122,936)
121,755) 1,181) -) 122,936)
Diukur pada nilai wajar melalui
penghasilan komprehensif lain/
Measured at fair value through other
comprehensive income
Obligasi pemerintah/Government bonds 7,292,834) 3,595) 33,663) 7,330,092)
Reksa dana syariah/Sharia mutual funds 205,000) 183) -) 205,183)
7,497,834) 3,778) 33,663) 7,535,275)
Diukur pada biaya perolehan diamortisasi/
Measured at amortized cost
Wesel ekspor/Export bills 137,352) -) (1,991) 135,361)
137,352) -) (1,991) 135,361)
Diukur pada biaya perolehan/
Measured at acquisition cost
Sukuk Bank Indonesia/Bank Indonesia
sukuk 3,550,643) -) -) 3,550,643)
Surat Berharga Syariah Negara/Sovereign
Sharia Securities 3,905,633) -) 1,551) 3,907,184)
Reksa dana syariah/Sharia mutual funds 250,000) -) -) 250,000)
Sukuk korporasi/Corporate sukuk 28,000) -) 170) 28,170)
Sertifikat Investasi Mudharabah Antarbank
(SIMA)/Certificate of Interbank
Mudharabah Investment (SIMA) 550,000) -) -) 550,000)
8,284,276) -) 1,721) 8,285,997)
16,041,217) 4,959) 33,393) 16,079,569)
Mata uang asing/Foreign currency
Diukur pada nilai wajar melalui laba rugi/
Measured at fair value through profit or
loss
Obligasi pemerintah/Government bonds 8,345) 104) -) 8,449)
Diukur pada biaya perolehan diamortisasi/
Measured at amortized cost
Wesel ekspor/Export bills 957,722) -) (7,239) 950,483)
966,067) 104) (7,239) 958,932)
Jumlah/Total 17,038,501)
Pendapatan bunga/marjin yang masih
akan diterima/Accrued interest/margin
income 225,855)
Cadangan kerugian penurunan
nilai/Allowance for impairment losses (799)
Jumlah/Total 17,263,557)
84
Page 473
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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)
8. EFEK-EFEK (lanjutan) 8. SECURITIES (continued)
a. Berdasarkan jenis mata uang dan penerbit a. By currency and issuer (continued)
(lanjutan)
31 Desember/December 2022
Premium
Keuntungan (diskonto) yang
(kerugian) yang belum
belum diamortisasi/
direalisasi/ Unamortized Nilai tercatat/
Nilai nominal/ Unrealized premium Carrying
Nominal value gains (losses) (discount) amount
Rupiah
Diukur pada nilai wajar melalui laba rugi/
Measured at fair value through profit
or loss
Obligasi pemerintah/Government bonds 40,367) 228) (483) 40,112)
40,367) 228) (483) 40,112)
Diukur pada nilai wajar melalui
penghasilan komprehensif lain/
Measured at fair value through other
comprehensive income
Obligasi pemerintah/Government bonds 9,070,522) (9,936) 126,792) 9,187,378)
Reksa dana syariah/Sharia mutual funds 205,000) 81) -) 205,081)
9,275,522) (9,855) 126,792) 9,392,459)
Diukur pada biaya perolehan
diamortisasi/
Measured at amortized cost
Wesel ekspor/Export bills 849,454) -) (232) 849,222)
849,454) -) (232) 849,222)
Diukur pada biaya perolehan/
Measured at acquisition cost
Surat Berharga Syariah
Negara/Sovereign Sharia Securities 3,413,975) -) 27,353) 3,441,328)
Sukuk Bank Indonesia/Bank Indonesia
sukuk 3,306,884) -) -) 3,306,884)
Sertifikat Investasi Mudharabah
Antarbank (SIMA)/Certificate of
Interbank Mudharabah Investment
(SIMA) 323,000) -) -) 323,000)
Reksa dana syariah/Sharia mutual funds 150,000) -) -) 150,000)
Sukuk korporasi/Corporate sukuk 107,000) -) 1,545) 108,545)
7,300,859) -) 28,898) 7,329,757)
17,466,202) (9,627) 154,975) 17,611,550)
Mata uang asing/Foreign currency
Diukur pada biaya perolehan
diamortisasi/
Measured at amortized cost
Wesel ekspor/Export bills 1,232,035) -) (7,708) 1,224,327)
1,232,035) -) (7,708) 1,224,327)
Jumlah/Total 18,835,877)
Pendapatan bunga/marjin yang masih
akan diterima/Accrued
interest/margin income 214,812)
Cadangan kerugian penurunan
nilai/Allowance for impairment losses (999)
Jumlah/Total 19,049,690)
85
Page 474
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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)
8. EFEK-EFEK (lanjutan) 8. SECURITIES (continued)
a. Berdasarkan jenis mata uang dan penerbit a. By currency and issuer (continued)
(lanjutan)
Perubahan atas keuntungan yang belum The movement of unrealized gains from changes
direalisasi dari perubahan nilai wajar atas efek- in fair value of securities measured at fair value
efek yang diukur pada nilai wajar melalui through other comprehensive income during the
penghasilan komprehensif lain selama tahun years ended 31 December 2023 and 2022 were
yang berakhir pada tanggal 31 Desember 2023 as follows:
dan 2022 adalah sebagai berikut:
31 Desember/December
2023 2022
Saldo awal, sebelum pajak Beginning balance,
penghasilan (9,855) 151,144) before income tax
(Kerugian) keuntungan yang belum
direalisasi selama tahun berjalan - Unrealized (losses) gains during
bersih 13,633) (160,999) the year - net
Jumlah sebelum pajak penghasilan 3,778) (9,855) Total before income tax
Efek pajak penghasilan (Catatan 13f) (830) 2,169) Income tax effect (Note 13f)
2,948) (7,686)
Kepentingan non-pengendali (42) (18) Non-controlling interest
Saldo akhir, bersih 2,906) (7,704) Ending balance, net
b. Berdasarkan akad b. By contract
Termasuk di dalam efek-efek adalah efek-efek Included in securities are securities under sharia
dengan akad syariah: contracts:
31 Desember/December
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
8,491,180) 7,534,838)
Pendapatan yang masih akan diterima 75,512) 64,941) Accrued income
8,566,692) 7,599,779)
c. Berdasarkan hubungan lawan c. By relationship
31 Desember/December
2023 2022
Pihak ketiga 17,038,501) 18,650,367) Third parties
Pihak berelasi -) 185,510) Related parties
17,038,501) 18,835,877)
Pendapatan bunga/marjin yang Accrued interest/margin
masih akan diterima 225,855) 214,812) income
Cadangan kerugian penurunan nilai (799) (999) Allowance for impairment losses
17,263,557) 19,049,690)
86
Page 475
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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)
8. EFEK-EFEK (lanjutan) 8. SECURITIES (continued)
d. Berdasarkan jangka waktu d. By time period
31 Desember/December
2023 2022
Sampai dengan 1 bulan 2,550,000 3,056,827) Up to 1 month
Lebih dari 1 - 3 bulan 293,770 283,340) More than 1 - 3 months
Lebih dari 3 - 6 bulan 1,400,295 2,568,347) More than 3 - 6 months
Lebih dari 6 - 9 bulan 532,591 -) More than 6 - 9 months
Lebih dari 9 - 12 bulan 474,881 -) More than 9 - 12 months
Lebih dari 12 bulan 11,786,964 12,927,363) More than 12 months
17,038,501 18,835,877)
Pendapatan bunga/marjin yang Accrued interest/margin
masih akan diterima 225,855 214,812) income
Cadangan kerugian penurunan Allowance for impairment losses
nilai (799) (999)
17,263,557 19,049,690)
e. Berdasarkan sisa periode sampai dengan e. By remaining period of maturity date
tanggal jatuh tempo
Informasi mengenai sisa periode sampai Information regarding remaining period to maturity
dengan tanggal jatuh tempo diungkapkan pada date was disclosed in Note 41.
Catatan 41.
f. Tingkat suku bunga/marjin rata-rata per f. Average interest rate/margin per annum
tahun
31 Desember/December
2023 2022
Obligasi pemerintah 5.34% 4.51% Government bonds
Surat Berharga Syariah Negara 5.53% 5.14% Sovereign Sharia Securities
Sertifikat Investasi Mudharabah Certificate of Interbank Mudharabah
Antarbank (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% Bank Indonesia sukuk
g. Berdasarkan peringkat g. By rating
Peringkat penerbit sukuk korporasi adalah Rating of issuers of corporate sukuk was as
sebagai berikut: follows:
31 Desember/December 2023
Pemeringkat/ Peringkat/ Nilai tercatat/
Agencies Rating Carrying amount
PT Bank CIMB Niaga Tbk
Unit Usaha Syariah Pefindo id AAA 18,169
PT BPD Kalimantan Selatan
Unit Usaha Syariah Fitch A idn 10,000
31 Desember/December 2022
Pemeringkat/ Peringkat/ Nilai tercatat/
Agencies Rating Carrying amount
PT Bank Syariah Indonesia Tbk Pefindo id AA 80,428
PT Bank CIMB Niaga Tbk
Unit Usaha Syariah Pefindo id AAA 18,117
PT BPD Kalimantan Selatan
Unit Usaha Syariah Fitch A idn 10,000
Pada 31 Desember 2023 dan 2022, peringkat As of 31 December 2023 and 2022, the rating of
atas seluruh efek yang diterbitkan oleh all securities issued by Republic of Indonesia
pemerintah Republik Indonesia adalah BBB was BBB based on Fitch Ratings Indonesia
berdasarkan pemeringkat Fitch Ratings agency.
Indonesia.
87
Page 476
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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)
8. EFEK-EFEK (lanjutan) 8. SECURITIES (continued)
h. Cadangan kerugian penurunan nilai h. Allowance for impairment losses
Manajemen berpendapat bahwa cadangan Management believes that the allowance for
kerugian yang dibentuk cukup untuk menutup losses was adequate to cover impairment losses
kemungkinan kerugian akibat penurunan nilai for securities as of 31 December 2023 and 2022.
atas efek-efek pada tanggal 31 Desember 2023
dan 2022.
Perubahan dalam cadangan kerugian The movement of the allowance for impairment
penurunan nilai efek-efek adalah sebagai losses for securities was as follows:
berikut:
31 Desember/December
2023 2022
Saldo awal (999) (483) Beginning balance
Pemulihan/(Penyisihan) selama tahun Recovery/(Provision) during
berjalan (Catatan 34) 365) (481) the year (Note 34)
Lainnya (165) (35) Others
Saldo akhir (799) (999) Ending balance
i. Informasi penting lainnya sehubungan i. Other significant information relating to
dengan efek-efek securities
Selama tahun yang berakhir pada tanggal During the year ended 31 December 2023 and
31 Desember 2023 dan 2022, Bank tidak 2022, the Bank did not sell securities measured
melakukan penjualan atas efek-efek yang diukur at fair value through other comprehensive
pada nilai wajar melalui penghasilan income, so there were no gains or losses
komprehensif lain, sehingga tidak ada transferred from equity to profit or loss.
pemindahan keuntungan atau kerugian dari
ekuitas ke laba rugi.
Pada tanggal 31 Desember 2023 dan 2022, As of 31 December 2023 and 2022, total
jumlah efek-efek yang digolongkan sebagai securities that were classified as cash
setara kas adalah masing-masing sebesar equivalents amounted to Rp 2,843,668 and
Rp 2.843.668 dan Rp 3.340.167. Rp 3,340,167, respectively.
9. TAGIHAN DAN LIABILITAS DERIVATIF 9. DERIVATIVE RECEIVABLES AND PAYABLES
a. Berdasarkan jenis dan hubungan a. By type and relationship
31 Desember/December 2023
Nilai wajar/Fair value
Tagihan derivatif/ Liabilitas derivatif/
Nilai kontrak/nosional/ Derivative receivables Derivative payables
Contract/notional Pihak berelasi/ Pihak ketiga/ Pihak berelasi/ Pihak ketiga/
Instrumen/Instruments amount Related parties Third parties Related parties Third parties
Kontrak tunai mata
uang asing/Foreign
currency spot 2,249,277) 94) 1,574) 78) 3,157)
Kontrak berjangka mata
uang asing/Foreign
currency forward 2,941,835) 17,783) 24,926) 169) 5,892)
Swap mata uang asing/
Foreign currency
swap 23,756,959) 6,691) 100,966) 28,361) 137,311)
Cross currency swap 29,796,948) 54,603) 509,458) 28,677) 464,447)
Swap suku
bunga/Interest rate
swap 9,741,599) 417,054) -) -) 404,012)
68,486,618) 496,225) 636,924) 57,285) 1,014,819)
88
Page 477
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. TAGIHAN DAN LIABILITAS DERIVATIF (lanjutan) 9. DERIVATIVE RECEIVABLES AND PAYABLES
(continued)
a. Berdasarkan jenis dan hubungan (lanjutan) a. By type and relationship (continued)
31 Desember/December 2022
Nilai wajar/Fair value
Tagihan derivatif/ Liabilitas derivatif/
Nilai kontrak/nosional/ Derivative receivables Derivative payables
Contract/notional Pihak berelasi/ Pihak ketiga/ Pihak berelasi/ Pihak ketiga/
Instrumen/Instruments amount Related parties Third parties Related parties Third parties
Kontrak tunai mata
uang asing/Foreign
currency spot 1,728,020 522 1,171 - 4,500
Kontrak berjangka
mata uang
asing/Foreign
currency forward 1,982,247 778 19,821 22,594 11,169
Swap mata uang asing/
Foreign currency
swap 7,947,185 26,897 84,077 1,103 15,791
Cross currency swap 25,881,208 25,776 984,782 100,394 746,883
Swap suku
bunga/Interest rate
swap 13,837,808 561,187 41,813 - 545,302
51,376,468 615,160 1,131,664 124,091 1,323,645
Bank menyediakan produk derivatif untuk The Bank provides derivative products to its
nasabahnya seperti kontrak pembelian atau customers such as forward exchange contracts,
penjualan berjangka mata uang asing, perjanjian cross-currency swap agreements and interest
swap mata uang asing dan perjanjian swap/cap rate swap/cap agreements to enable its
tingkat suku bunga yang memungkinkan customers to transfer, modify or reduce their
nasabahnya untuk memindahkan, memodifikasi foreign exchange and/or interest rate risks. As
atau mengurangi risiko atas kurs nilai tukar part of its risk management policy, the Bank
dan/atau risiko tingkat suku bunga. Sebagai covers most of these derivative contracts with
bagian dari kebijakan manajemen risiko, Bank customers with back-to-back derivative
melindungi sebagian besar transaksi derivatif contracts with the same notional amount and
dengan nasabahnya dengan membuat transaksi maturity with its foreign affiliates and other
derivatif timbal balik dengan jumlah dan waktu banks. Also, the Bank uses derivative
jatuh tempo yang sama dengan perusahaan instruments as an end-user in connection with its
afiliasi di luar negeri dan bank lain. Bank juga risk management activities. Derivatives are used
menggunakan instrumen derivatif sebagai by the Bank mainly to manage foreign exchange
sarana sehubungan dengan kegiatan risk on its foreign currency denominated assets
manajemen risiko. Derivatif digunakan oleh and liabilities and to manage interest rate risk
Bank terutama untuk mengatasi risiko kurs nilai relating to specific groups of assets and liabilities
tukar atas aset dan liabilitas dalam mata uang in the consolidated statement of financial
asing, dan untuk mengatasi risiko tingkat suku position.
bunga yang berhubungan dengan aset dan
liabilitas tertentu di dalam laporan posisi
keuangan konsolidasian.
b. Berdasarkan kolektibilitas b. By collectibility
31 Desember/December
2023 2022
Lancar 1,130,701) 1,740,508) Current
Dalam Perhatian Khusus 2,448) 6,316) Special Mention
1,133,149) 1,746,824)
89
Page 478
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. TAGIHAN DAN LIABILITAS DERIVATIF (lanjutan) 9. DERIVATIVE RECEIVABLES AND PAYABLES
(continued)
c. Berdasarkan sisa periode sampai dengan c. By remaining period to maturity date
tanggal jatuh tempo
Informasi mengenai sisa periode sampai Information regarding remaining period to
dengan tanggal jatuh tempo diungkapkan pada maturity date was disclosed in Note 41.
Catatan 41.
10. TAGIHAN DAN LIABILITAS AKSEPTASI 10. ACCEPTANCE RECEIVABLES AND PAYABLES
Tagihan akseptasi Acceptance receivables
Semua tagihan akseptasi adalah transaksi dengan All acceptance receivables transactions were with
pihak ketiga. third parties.
a. Berdasarkan mata uang a. By currency
31 Desember/December
2023 2022
Rupiah 1,783,724) 1,898,383) Rupiah
Mata uang asing 1,506,033) 1,171,471) Foreign currencies
3,289,757) 3,069,854)
Dikurangi: Cadangan kerugian Less: Allowance for impairment
penurunan nilai (8,637) (4,495) losses
3,281,120) 3,065,359)
b. Berdasarkan jangka waktu b. By time period
31 Desember/December
2023 2022
Rupiah Rupiah
Hingga 1 bulan 1,707) 6,619) Up to 1 month
Lebih dari 1 - 3 bulan 27,150) 24,509) More than 1 - 3 months
Lebih dari 3 - 6 bulan 1,754,867) 1,843,668) More than 3 - 6 months
Lebih dari 6 bulan -) 23,587) More than 6 months
1,783,724) 1,898,383)
Mata uang asing Foreign currencies
Hingga 1 bulan -) 3,411) Up to 1 month
Lebih dari 1 - 3 bulan 82,388) 131,357) More than 1 - 3 months
Lebih dari 3 - 6 bulan 685,208) 907,601) More than 3 - 6 months
Lebih dari 6 bulan 738,437) 129,102) More than 6 months
1,506,033) 1,171,471)
Dikurangi: Cadangan kerugian Less: Allowance for impairment
penurunan nilai (8,637) (4,495) losses
3,281,120) 3,065,359)
90
Page 479
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. TAGIHAN DAN LIABILITAS AKSEPTASI 10. ACCEPTANCE RECEIVABLES AND
(lanjutan) PAYABLES (continued)
c. Berdasarkan kolektabilitas c. By collectability
31 Desember/December
2023 2022
Lancar 3,289,757) 3,069,854) Current
Dikurangi: Cadangan kerugian Less: Allowance for impairment
penurunan nilai (8,637) (4,495) losses
3,281,120) 3,065,359)
d. Cadangan kerugian penurunan nilai d. Allowance for impairment losses
Perubahan dalam cadangan kerugian The movement of the allowance for impairment
penurunan nilai tagihan akseptasi adalah losses for acceptance receivables was as
sebagai berikut: follows:
31 Desember/December
2023 2022
Saldo awal (4,495) (5,633) Beginning balance
(Penyisihan)/Pemulihan selama tahun (Provision)/Recovery during the year
berjalan (Catatan 34) (4,217) 1,576) (Note 34)
Lainnya 75) (438) Others
Saldo akhir (8,637) (4,495) Ending balance
Manajemen berpendapat bahwa cadangan Management believes that the allowance for
yang dibentuk cukup untuk menutup losses was adequate to cover impairment
kemungkinan kerugian akibat penurunan nilai losses on acceptance receivables as of
tagihan akseptasi pada tanggal 31 December 2023 and 2022.
31 Desember 2023 dan 2022.
Liabilitas akseptasi Acceptance payables
a. Berdasarkan hubungan dengan pihak lawan a. By relationship with counterparties and
dan mata uang currency
31 Desember/December
2023 2022
Rupiah Rupiah
- Pihak ketiga 1,783,724) 1,873,299) Third parties -
Mata uang asing Foreign currencies
- Pihak ketiga 376,526) 284,297) Third parties -
- Pihak berelasi 163,383) 199,232) Related parties -
539,909) 483,529)
2,323,633) 2,356,828)
91
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. TAGIHAN DAN LIABILITAS AKSEPTASI 10. ACCEPTANCE RECEIVABLES AND PAYABLES
(lanjutan) (continued)
Liabilitas akseptasi (lanjutan) Acceptance payables (continued)
b. Berdasarkan jangka waktu b. By time period
31 Desember/December
2023 2022
Rupiah Rupiah
Hingga 1 bulan 1,707) 6,619) Up to 1 month
Lebih dari 1 - 3 bulan 27,150) 24,509) More than 1 - 3 months
Lebih dari 3 - 6 bulan 1,754,867) 1,842,171) More than 3 - 6 months
1,783,724) 1,873,299)
Mata uang asing Foreign currencies
Hingga 1 bulan -) 3,411) Up to 1 month
Lebih dari 1 - 3 bulan 82,388) 131,357) More than 1 - 3 months
Lebih dari 3 - 6 bulan 271,587) 293,413) More than 3 - 6 months
Lebih dari 6 bulan 185,934) 55,348) More than 6 months
539,909) 483,529)
2,323,633) 2,356,828)
c. Berdasarkan sisa periode sampai dengan c. By remaining period to maturity date
tanggal jatuh tempo
Informasi mengenai sisa periode sampai dengan Information regarding remaining period to
tanggal jatuh tempo diungkapkan pada maturity date was disclosed in Note 41.
Catatan 41.
11. PINJAMAN YANG DIBERIKAN DAN 11. LOANS AND SHARIA FINANCING/
PEMBIAYAAN/ PIUTANG SYARIAH RECEIVABLES
31 Desember/December
2023 2022
Pinjaman yang diberikan: Loans:
Pihak ketiga Third parties
- Rupiah 98,345,547 88,421,976 Rupiah -
- Dolar Amerika Serikat 42,369,192 42,837,338 United States Dollar -
- Yen Jepang 606,229 782,342 Japanese Yen -
- Euro Eropa 79,104 167,004 European Euro -
Pihak berelasi Related parties
- Rupiah 79,043 856,218 Rupiah -
- Dolar Amerika Serikat 3,694,321 1,531,175 United States Dollar -
Pembiayaan/piutang syariah: Sharia financing/receivables:
Pihak ketiga Third parties
- Rupiah 11,387,861 11,527,463 Rupiah -
Pendapatan bunga/marjin yang masih akan
diterima Accrued interest/margin income
- Rupiah 775,589 658,255 Rupiah -
- Dolar Amerika Serikat 320,372 218,351 United States Dollar -
- Yen Jepang 680 266 Japanese Yen -
- Euro Eropa 1,155 1,662 European Euro -
Less: Allowance for impairment
Dikurangi: Cadangan kerugian penurunan nilai (4,618,047) (3,579,119) losses
153,041,046 143,422,931
92
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. PINJAMAN YANG DIBERIKAN DAN 11. LOANS AND SHARIA FINANCING/
PEMBIAYAAN/PIUTANG SYARIAH (lanjutan) RECEIVABLES (continued)
a. Berdasarkan jenis, mata uang dan a. Based on type, currency and OJK grading
kolektibilitas OJK
31 Desember/December 2023
Dalam
Perhatian
Khusus/ Kurang
Lancar/ Special Lancar/ Diragukan/ Macet/ Jumlah/
Current Mention Substandard Doubtful Loss Total
Rupiah Rupiah
Korporasi 50,815,025) 4,782,889) -) -) 507,652) 56,105,566) Corporates
Pensiunan 21,691,457) 363,678) 30,979) 36,467) 94,541) 22,217,122) Pensioners
Small Medium
Usaha Kecil Menengah 13,651,641) 170,977) 35,734) 25,775) 827,908) 14,712,035) Enterprises
Usaha Mikro Kecil 1,098,101) 25,702) 4,324) 4,570) 12,126) 1,144,823) Micro business
Pembiayaan/piutang Sharia financing/
syariah 10,593,668) 459,676) 272,637) 17,559) 44,321) 11,387,861) Receivables
Other institutions’
Pegawai instansi lain 168,964) 8,678) 1,862) 2,049) 4,337) 185,890) Employees
Keperluan rumah tangga 705,280) 34,456) 4,762) 2,048) 368) 746,914) Household goods
Karyawan 116,249) 74) 48) 138) 204) 116,713) Employee loans
Umum 2,687,078) 82,107) 18,353) 27,954) 9,010) 2,824,502) General purpose
Kredit kepemilikan
mobil 328,134) 39,827) 1,200) 1,609) 255) 371,025) Car loans
101,855,597) 5,968,064) 369,899) 118,169) 1,500,722) 109,812,451)
Foreign
Mata uang asing Currencies
Korporasi 45,758,641) 882,426) 107,779) -) -) 46,748,846) Corporates
147,614,238) 6,850,490) 477,678) 118,169) 1,500,722) 156,561,297)
Pendapatan bunga/
marjin yang masih Accrued interest/
akan diterima 838,560) 259,236) -) -) -) 1,097,796) margin income
Dikurangi: Cadangan Less: Allowance
kerugian penurunan for impairment
nilai (1,373,376) (1,764,839) (295,641) (70,563) (1,113,628) (4,618,047) losses
147,079,422) 5,344,887) 182,037) 47,606) 387,094) 153,041,046)
31 Desember/December 2022
Dalam
Perhatian
Khusus/ Kurang
Lancar/ Special Lancar/ Diragukan/ Macet/ Jumlah/
Current Mention Substandard Doubtful Loss Total
Rupiah Rupiah
Korporasi 48,133,482) 1,342,381) -) -) 515,461) 49,991,324) Corporates
Pensiunan 23,137,597) 483,528) 37,161) 42,812) 71,202) 23,772,300) Pensioners
Small Medium
Usaha Kecil Menengah 11,312,771) 120,626) 215,051) 30,083) 531,973) 12,210,504) Enterprises
Usaha Mikro Kecil 604,486) 18,449) 1,195) 1,538) 1,929) 627,597) Micro business
Pembiayaan/piutang Sharia financing/
syariah 10,949,316) 272,820) 187,571) 24,707) 93,049) 11,527,463) receivables
Other institutions’
Pegawai instansi lain 201,016) 9,995) 2,126) 2,135) 2,101) 217,373) employees
Keperluan rumah tangga 77,333) 3,505) 632) 1,185) 525) 83,180) Household goods
Karyawan 123,040) 135) -) 54) -) 123,229) Employee loans
Umum 1,950,614) 43,003) 7,395) 13,688) 174,822) 2,189,522) General purpose
Kredit kepemilikan
mobil 61,136) 1,771) 66) 168) 24) 63,165) Car loans
96,550,791) 2,296,213) 451,197) 116,370) 1,391,086) 100,805,657)
Foreign
Mata uang asing currencies
Korporasi 42,063,947) 3,137,156) 116,756) -) -) 45,317,859) Corporates
138,614,738) 5,433,369) 567,953) 116,370) 1,391,086) 146,123,516)
Pendapatan bunga/
marjin yang masih Accrued interest/
akan diterima 817,968) 60,566) -) -) -) 878,534) margin income
Dikurangi: Cadangan Less: Allowance
kerugian penurunan for impairment
nilai (1,733,503) (411,626) (340,947) (79,938) (1,013,105) (3,579,119) losses
137,699,203) 5,082,309) 227,006) 36,432) 377,981) 143,422,931)
93
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. PINJAMAN YANG DIBERIKAN DAN 11. LOANS AND SHARIA FINANCING/
PEMBIAYAAN/PIUTANG SYARIAH (lanjutan) RECEIVABLES (continued)
a. Berdasarkan jenis, mata uang dan a. Based on type, currency and OJK grading
kolektibilitas OJK (lanjutan) (continued)
Pembiayaan/piutang syariah terdiri atas Sharia financing/receivables consists of
piutang murabahah, pembiayaan musyarakah, murabahah receivables, musyarakah financing,
dan pinjaman qardh masing-masing sebesar and funds of qardh amounted to
Rp 11.367.662, Rp 19.669, dan Rp 530 pada Rp 11,367,662, Rp 19,669, and Rp 530,
tanggal 31 Desember 2023 dan masing- respectively, as of 31 December 2023 and
masing sebesar Rp 11.463.672, Rp 60.275, Rp 11,463,672, Rp 60,275, and Rp 3,516,
dan Rp 3.516 pada tanggal 31 Desember 2022. respectively, as of 31 December 2022.
Rasio pinjaman yang diberikan kepada Usaha Ratios of loans extended to Micro, Small and
Mikro, Kecil dan Menengah (“UMKM”) terhadap Medium Enterprises (“UMKM”) to total loans as
jumlah pinjaman yang diberikan pada tanggal of 31 December 2023 and 2022 were 11.21%
31 Desember 2023 dan 2022 masing-masing and 11.94%, respectively. These ratios were
sebesar 11,21% dan 11,94%. Rasio tersebut calculated based on the prevailing Bank
dihitung sesuai dengan peraturan Bank Indonesia regulations.
Indonesia yang berlaku.
b. Berdasarkan sektor ekonomi b. By economic sector
31 Desember/December 2023
Dalam
Perhatian
Khusus/ Kurang
Lancar/ Special lancar/ Diragukan/ Macet/ Jumlah/
Current Mention Substandard Doubtful Loss Total
Rupiah Rupiah
Rumah tangga 25,035,594 518,206 56,882 70,159 108,663 25,789,504 Household
Perdagangan 22,547,759 448,241 225,416 31,769 834,646 24,087,831 Trading
Perindustrian 22,463,627 593,988 38,863 4,648 185,261 23,286,387 Manufacturing
Jasa lainnya 16,188,859 556,813 395 2,448 258,121 17,006,636 Other services
Pertanian 4,565,125 59,412 31,936 1,299 12,691 4,670,463 Agriculture
Accomodation
Jasa akomodasi 158,156 72 142 - 26,016 184,386 services
Konstruksi 1,695,078 3,760,473 - 4,058 64,484 5,524,093 Construction
Transportasi & Transportation &
komunikasi 7,446,509 8,890 83 2,776 6,928 7,465,186 communication
Pertambangan 926,328 - 3,563 - 1,097 930,988 Mining
Lainnya 828,562 21,969 12,619 1,012 2,815 866,977 Others
101,855,597 5,968,064 369,899 118,169 1,500,722 109,812,451
Dolar Amerika United States
Serikat Dollar
Perdagangan 2,456,267 - - - - 2,456,267 Trading
Perindustrian 9,182,867 871,469 107,779 - - 10,162,115 Manufacturing
Jasa lainnya 16,489,869 5,646 - - - 16,495,515 Other services
Pertanian 1,404,117 - - - - 1,404,117 Agriculture
Konstruksi 320,628 - - - - 320,628 Construction
Transportasi & Transportation &
komunikasi 5,460,203 - - - - 5,460,203 communication
Pertambangan 5,097,663 - - - - 5,097,663 Mining
Lainnya 4,667,005 - - - - 4,667,005 Others
45,078,619 877,115 107,779 - - 46,063,513
Yen Jepang Japanese Yen
Perdagangan 5,444 - - - - 5,444 Trading
Perindustrian 360,643 2,722 - - - 363,365 Manufacturing
Jasa lainnya - 2,589 - - - 2,589 Other services
Lainnya 234,831 - - - - 234,831 Others
600,918 5,311 - - - 606,229
Euro Eropa European Euro
Perdagangan 79,104 - - - - 79,104 Trading
147,614,238 6,850,490 477,678 118,169 1,500,722 156,561,297
Pendapatan
bunga/marjin yang
masih akan Accrued interest/
diterima 838,560 259,236 - - - 1,097,796 margin income
Dikurangi: Cadangan Less: Allowance for
kerugian impairment
penurunan nilai (1,373,376) (1,764,839) (295,641) (70,563) (1,113,628) (4,618,047) losses
147,079,422 5,344,887 182,037 47,606 387,094 153,041,046
94
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. PINJAMAN YANG DIBERIKAN DAN 11. LOANS AND SHARIA FINANCING/
PEMBIAYAAN/PIUTANG SYARIAH (lanjutan) RECEIVABLES (continued)
b. Berdasarkan sektor ekonomi (lanjutan) b. By economic sector (continued)
31 Desember/December 2022
Dalam
Perhatian
Khusus/ Kurang
Lancar/ Special lancar/ Diragukan/ Macet/ Jumlah/
Current Mention Substandard Doubtful Loss Total
Rupiah Rupiah
Rumah tangga 24,518,478) 541,542) 47,330) 59,980 77,499 25,244,829 Household
Perdagangan 23,158,792) 447,912) 382,947) 40,933 602,863 24,633,447 Trading
Perindustrian 20,220,675) 671,592) 5,522) 8,735 167,556 21,074,080 Manufacturing
Jasa lainnya 14,060,442) 593,476) 1,186) 218 451,273 15,106,595 Other services
Pertanian 3,625,257) 10,326) 3,074) 1,056 20,389 3,660,102 Agriculture
Accomodation
Jasa akomodasi 97,763) 1,457) 73) - 28,318 127,611 services
Konstruksi 5,493,870) 15,623) -) 4,355 37,231 5,551,079 Construction
Transportasi & Transportation &
komunikasi 4,377,026) 341) 1,942) - 739 4,380,048 communication
Pertambangan 200,892) 1) 1) - 6 200,900 Mining
Lainnya 797,596) 13,943) 9,122) 1,093 5,212 826,966 Others
96,550,791) 2,296,213) 451,197) 116,370 1,391,086 100,805,657
Dolar Amerika United States
Serikat Dollar
Perdagangan 2,864,387) -) -) - - 2,864,387 Trading
Perindustrian 10,777,022) 2,843,714) 116,756) - - 13,737,492 Manufacturing
Jasa lainnya 12,379,459) 11,935) -) - - 12,391,394 Other services
Pertanian 2,652,480) -) -) - - 2,652,480 Agriculture
Konstruksi 382,345) -) -) - - 382,345 Construction
Transportasi & ) Transportation &
komunikasi 3,092,831) -) -) - - 3,092,831 communication
Pertambangan 5,259,690) -) -) - - 5,259,690 Mining
Lainnya 3,987,894) -) -) - - 3,987,894 Others
41,396,108) 2,855,649) 116,756) - - 44,368,513
Yen Jepang Japanese Yen
Perindustrian 165,346) 275,650) -) - - 440,996 Manufacturing
Perdagangan 14,726) -) -) - - 14,726 Trading
Jasa lainnya 2,676) 5,857) -) - - 8,533 Other services
Lainnya 318,087) -) -) - - 318,087 Others
500,835) 281,507) -) - - 782,342
Euro Eropa European Euro
Perdagangan 167,004) -) -) - - 167,004 Trading
138,614,738) 5,433,369) 567,953) 116,370 1,391,086 146,123,516
Pendapatan
bunga/marjin yang
masih akan Accrued interest/
diterima 817,968) 60,566) -) - - 878,534 margin income
Dikurangi: Cadangan Less: Allowance for
kerugian impairment
penurunan nilai (1,733,503) (411,626) (340,947) (79,938) (1,013,105) (3,579,119) losses
137,699,203) 5,082,309) 227,006) 36,432) 377,981 143,422,931
c. Berdasarkan jangka waktu c. By time period
31 Desember/December
2023 2022
Hingga 1 tahun 67,842,273) 61,644,137) Up to 1 year
Lebih dari 1 - 2 tahun 15,290,577) 14,844,877) More than 1 - 2 years
Lebih dari 2 - 3 tahun 12,145,179) 11,394,722) More than 2 - 3 years
Lebih dari 3 - 4 tahun 8,986,657) 7,596,787) More than 3 - 4 years
Lebih dari 4 - 5 tahun 17,732,394) 17,631,424) More than 4 - 5 years
Lebih dari 5 tahun 34,564,217) 33,011,569) More than 5 years
156,561,297) 146,123,516)
Pendapatan bunga/marjin yang
masih akan diterima 1,097,796) 878,534) Accrued interest/margin income
Dikurangi: Cadangan kerugian Less: Allowance for impairment
penurunan nilai (4,618,047) (3,579,119) losses
153,041,046) 143,422,931)
95
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. PINJAMAN YANG DIBERIKAN DAN 11. LOANS AND SHARIA FINANCING/
PEMBIAYAAN/PIUTANG SYARIAH (lanjutan) RECEIVABLES (continued)
d. Berdasarkan sisa periode sampai dengan d. By remaining period to maturity date
tanggal jatuh tempo
Informasi mengenai sisa periode sampai Information regarding remaining period to
dengan tanggal jatuh tempo diungkapkan pada maturity date was disclosed in Note 41.
Catatan 41.
e. Berdasarkan hubungan dengan pihak e. By relationship with counterparties/debtors
lawan/debitur
31 Desember/December
2023 2022
Pihak ketiga 152,787,933) 143,736,123) Third parties
Pihak berelasi 3,773,364) 2,387,393) Related parties
156,561,297) 146,123,516)
Pendapatan bunga/marjin yang
masih akan diterima 1,097,796) 878,534) Accrued interest/margin income
Cadangan kerugian penurunan nilai (4,618,047) (3,579,119) Allowance for impairment losses
153,041,046) 143,422,931)
f. Tingkat suku bunga/marjin rata-rata per f. Average interest/margin rate per annum
tahun
31 Desember/December
2023 2022
Tingkat suku bunga rata-rata per
tahun: Average interest rate per annum:
Rupiah 9.43% 9.04%) Rupiah
Mata uang asing 6.13% 2.81%) Foreign currencies
31 Desember/December
2023 2022
Tingkat marjin rata-rata per tahun: Average margin rate per annum:
Piutang murabahah 25%-30% 25%-30%) Murabahah receivables
Tingkat imbal hasil per tahun: Rate of return per annum:
Pembiayaan musyarakah 8.75%-11.00% 8.75%-10.50%) Musyarakah financing
g. Cadangan kerugian penurunan nilai g. Allowance for impairment losses
Perubahan cadangan kerugian penurunan nilai The movement of the allowance for impairment
pinjaman yang diberikan dan pembiayaan/ losses for loans and sharia financing/receivables
piutang syariah adalah sebagai berikut: was as follows:
31 Desember/December
2023 2022
Saldo awal (3,579,119) (3,953,699) Beginning balance
Penyisihan selama tahun berjalan Provision during
(Catatan 34) (3,029,571) (1,754,676) the year (Note 34)
Penerimaan kembali pinjaman yang
telah dihapusbukukan (88,291) (120,194) Recoveries from loans written-off
Penghapusbukuan 2,066,044) 1,871,710) Write-off
Kerugian modifikasi -) 308,911) Modification loss
Penjualan pinjaman yang diberikan -) 91,486) Sale of loan
Lain-lain 12,890) (22,657) Others
Saldo akhir (4,618,047) (3,579,119) Ending balance
96
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. PINJAMAN YANG DIBERIKAN DAN 11. LOANS AND SHARIA FINANCING/
PEMBIAYAAN/PIUTANG SYARIAH (lanjutan) RECEIVABLES (continued)
g. Cadangan kerugian penurunan nilai g. Allowance for impairment losses (continued)
(lanjutan)
Perubahan cadangan kerugian penurunan nilai The movement of the Bank’s allowance for
pinjaman yang diberikan Bank berdasarkan impairment losses for loans based on Stages
Tahap (Stage) adalah sebagai berikut: was as follows:
Tahun berakhir 31 Desember 2023/
Year ended 31 December 2023
Tahap 1/ Tahap 2/ Tahap 3/ Jumlah/
Stage 1 Stage 2 Stage 3 Total
Saldo awal (698,596) (272,613) (1,838,985) (2,810,194) Beginning balance
Transfer (ke)/dari Tahap 1 (113,376) 91,804) 21,572) -) Transfer (to)/from Stage 1
Transfer (ke)/dari Tahap 2 227,654) (281,368) 53,714) -) Transfer (to)/from Stage 2
Transfer (ke)/dari Tahap 3 1,336) 559,675) (561,011) -) Transfer (to)/from Stage 3
Perubahan bersih pada Net change in
eksposur exposures
dan pengukuran kembali 379,086) (334,157) (800,109) (755,180) and remeasurements
Pinjaman yang baru diperoleh (889,467) (201,976) (329,629) (1,421,072) New originated loans
Penerimaan kembali
pinjaman yang telah Recoveries from
dihapusbukukan -) -) (40,007) (40,007) loans written-off
Penghapusbukuan selama Write-off during
periode berjalan -) -) 564,634) 564,634) the period
Pinjaman yang Loans which
telah dilunasi 251,294) 256,083) 291,299) 798,676) have been repaid
Changes in model
Perubahan parameter model 210,587) 13,605) 21,930) 246,122) parameter
Lain-lain -) -) 12,890) 12,890) Others
Saldo akhir - kerugian Ending balance –
kredit ekspektasian expected credit
Bank (631,482) (168,947) (2,603,702) (3,404,131) losses Bank
Cadangan kerugian Allowance for
penurunan nilai – impairment
pembiayaan/piutang losses – sharia
syariah (1,213,916) financing/receivables
Saldo akhir (4,618,047) Ending balance
Tahun berakhir 31 Desember 2022/
Year ended 31 December 2022
Tahap 1/ Tahap 2/ Tahap 3/ Jumlah/
Stage 1 Stage 2 Stage 3 Total
Saldo awal (533,068) (350,053) (2,371,313) (3,254,434) Beginning balance
Transfer (ke)/dari Tahap 1 (274,449) 86,368) 188,081) -) Transfer (to)/from Stage 1
Transfer (ke)/dari Tahap 2 185,002) (218,461) 33,459) -) Transfer (to)/from Stage 2
Transfer (ke)/dari Tahap 3 166,582) 445,053) (611,635) -) Transfer (to)/from Stage 3
Perubahan bersih pada
eksposur Net change in exposures
dan pengukuran kembali 55,989) (267,101) (553,730) (764,842) and remeasurements
Pinjaman yang baru diperoleh (413,024) (155,684) (228,370) (797,078) New originated loans
Penerimaan kembali
pinjaman yang telah Recoveries from
dihapusbukukan -) -) (45,362) (45,362) loans written-off
Penghapusbukuan selama Write-off during
tahun berjalan -) -) 921,486) 921,486) the year
Penjualan pinjaman -) -) 91,486) 91,486) Sale of loan
Pinjaman yang Loans which
telah dilunasi 218,775) 207,342) 464,058) 890,175) have been repaid
Changes in model
Perubahan parameter model (104,403) (20,077) (13,399) (137,879) parameter
Kerugian modifikasi -) -) 308,911) 308,911) Modification loss
Lain-lain -) -) (22,657) (22,657) Others
Saldo akhir - kerugian Ending balance –
kredit ekspektasian expected credit
Bank (698,596) (272,613) (1,838,985) (2,810,194) losses Bank
Cadangan kerugian Allowance for
penurunan nilai – impairment
pembiayaan/piutang losses – sharia
syariah (768,925) financing/receivables
Saldo akhir (3,579,119) Ending balance
97
Page 486
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. PINJAMAN YANG DIBERIKAN DAN 11. LOANS AND SHARIA FINANCING/
PEMBIAYAAN/PIUTANG SYARIAH (lanjutan) RECEIVABLES (continued)
g. Cadangan kerugian penurunan nilai g. Allowance for impairment losses (continued)
(lanjutan)
Pergerakan cadangan kerugian penurunan nilai Movement in the Bank’s allowance for
(CKPN) Bank dari Rp 2.810.194 posisi impairment losses (CKPN) from Rp 2,810,194
31 Desember 2022 menjadi Rp 3.404.131 posisi as of 31 December 2022 to Rp 3,404,131 as of
31 Desember 2023 adalah sebagai dampak dari 31 December 2023 was due to the impact of
beberapa kejadian berikut ini: following events:
- Penambahan CKPN yang dibentuk pada - Additional of CKPN booked for corporate
segmen korporasi sebesar Rp 728.964. segment amounted to Rp 728,964.
- Nilai CKPN yang dibentuk sebagai bagian - CKPN booked as part of the implementation
prinsip kehati-hatian bank terhadap debitur- of prudential principle towards Covid-19
debitur restruktur Covid-19 yang dinilai dapat restructured debtors which are considered to
bertahan dan tidak dapat bertahan dengan be able to survive and not be able to survive
portfolio yang cenderung menurun baik untuk with a declining trend portfolio for both for
debitur KDK 34 ataupun debitur Non KDK 34 KDK 34 debtors and non-KDK
dengan realisasi sebesar Rp 117.729, yang 34 debtors with realization amounting
tetap mempertimbangkan cakupan CKPN Rp 117,729 which have taken into account
yang tetap stabil. CKPN coverage to remain stable.
- Terdapat reversal sebesar Rp 246.122 dari - There was reversal amounting to Rp 246,122
proses review tahunan atas model CKPN. due to the annual review process of CKPN
model.
- Realisasi atas nilai CKPN yang dibentuk - Realization of CKPN booked which caused
sehingga menyebabkan penurunan nilai decrement in net value of CKPN at retail
CKPN bersih di segmen retail sebesar segment amounted to Rp 17,309.
Rp 17.309.
Pergerakan cadangan kerugian penurunan nilai The movement of the Subsidiary’s allowance for
Entitas Anak dari Rp 768.259 posisi impairment losses from Rp 768,259 as of
31 Desember 2022 menjadi Rp 1.213.542 posisi 31 December 2022 to Rp 1,213,542 as of
31 Desember 2023 adalah sebagai bagian 31 December 2023 is part of the Subsidiary’s
prinsip kehati-hatian Entitas Anak terhadap prudential principle as challenges faced by the
tantangan yang dihadapi oleh segmen nasabah customer segment served in the post Covid-19
yang dilayaninya dalam periode pasca pandemi pandemic period, including Covid-19
Covid-19, termasuk didalamnya nasabah- restructuring customers.
nasabah restruktur Covid-19.
Manajemen berpendapat bahwa cadangan Management believes that the allowance
yang dibentuk cukup untuk menutup for losses was adequate to cover impairment
kemungkinan kerugian akibat penurunan nilai losses on loans and sharia financing/
pinjaman yang diberikan dan receivables as of 31 December 2023 and 2022.
pembiayaan/piutang syariah pada tanggal
31 Desember 2023 dan 2022.
h. Pembiayaan bersama h. Joint financing
Bank mengadakan perjanjian pembiayaan The bank has entered into joint financing
bersama, antara lain dengan agreements, among others with
PT KB Finansia Multi Finance (FMF), PT KB Finansia Multi Finance (FMF),
PT Home Credit Indonesia (HCI) dan PT Home Credit Indonesia (HCI), and
PT Mandiri Utama Finance (MUF) PT Mandiri Utama Finance (MUF) (Note 40).
(Catatan 40).
i. Batas Maksimum Pemberian Kredit i. Legal Lending Limit (“LLL”)
(“BMPK”)
Berdasarkan laporan Batas Maksimum Based on the Group’s Legal Lending Limit (LLL)
Pemberian Kredit (BMPK) Grup yang report to OJK, as of 31 December 2023 and
disampaikan kepada OJK, pada tanggal 2022 there was no violation or excess of LLL to
31 Desember 2023 dan 2022 tidak terdapat both third parties and related parties in
pelanggaran ataupun pelampauan BMPK compliance with OJK’s regulation.
kepada pihak ketiga dan pihak berelasi sesuai
dengan peraturan yang telah ditetapkan OJK.
98
Page 487
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. PINJAMAN YANG DIBERIKAN DAN 11. LOANS AND SHARIA FINANCING/ RECEIVABLES
PEMBIAYAAN/PIUTANG SYARIAH (lanjutan) (continued)
j. Pinjaman yang diberikan dan pembiayaan/ j. Non-performing loans and sharia
piutang syariah bermasalah financing/receivables
Berdasarkan peraturan OJK yang berlaku, Based on prevailing OJK regulations, the
rasio bruto pinjaman yang diberikan dan maximum gross non-performing loans and
pembiayaan/piutang syariah bermasalah sharia financing/receivables ratio for a bank is
setinggi-tingginya adalah 5% dari jumlah 5% from total loans and sharia
pinjaman yang diberikan dan pembiayaan/ financing/receivables given. The gross and net
piutang syariah. Rasio kredit bermasalah bruto non-performing loan ratios of the Group was as
dan bersih Grup adalah sebagai berikut: follows:
31 Desember/December
2023 2022
Kurang lancar 477,678) 567,953) Substandard
Diragukan 118,169) 116,370) Doubtful
Macet 1,500,722) 1,391,086) Loss
Jumlah pinjaman yang diberikan dan
pembiayaan/piutang syariah Total non-performing loans and sharia
bermasalah - kotor 2,096,569) 2,075,409) financing/receivables - gross
Cadangan kerugian penurunan nilai (1,479,832) (1,433,990) Allowance for impairment losses
Jumlah pinjaman yang diberikan dan
pembiayaan/piutang syariah Total non-performing loans and sharia
bermasalah - bersih 616,737) 641,419) financing/receivables - net
Jumlah pinjaman yang diberikan dan
pembiayaan/piutang syariah yang Total loans and sharia financing/
diberikan 156,561,297) 146,123,516) receivables
Jumlah pinjaman kepada Bank lain (2,183,624) (638,152) Total loans to other banks
154,377,673) 145,485,364)
Rasio pinjaman yang diberikan dan
pembiayaan/piutang syariah Non-performing loans and sharia
bermasalah - kotor 1.36%) 1.43%) financing/receivables ratio - gross
Rasio pinjaman yang diberikan dan
pembiayaan/piutang syariah Non-performing loans and sharia
bermasalah - bersih 0.40%) 0.44%) financing/receivables ratio - net
Rasio pemenuhan cadangan kerugian The Group’s ratio of allowance for impairment
penurunan nilai aset keuangan Grup losses on financial assets (percentage of
(persentase cadangan kerugian penurunan allowance for impairment losses on financial
nilai aset keuangan yang telah dibentuk assets recorded to the minimum allowance for
terhadap jumlah minimum cadangan kerugian
penurunan nilai aset keuangan sesuai impairment losses on financial assets as
ketentuan Bank Indonesia) pada tanggal required by Bank Indonesia) as of
31 Desember 2023 dan 2022 masing-masing 31 December 2023 and 2022 were 134.49%
adalah sebesar 134,49% dan 114,08%. and 114.08%, respectively.
Pinjaman yang diberikan pada umumnya Loans are generally collateralised by registered
dijamin dengan agunan yang diikat dengan mortgages, mortgages or powers of attorney to
hipotik, hak tanggungan atau surat kuasa untuk sell and other guarantees.
menjual dan jaminan lainnya.
Pada tanggal 31 Desember 2023, pinjaman As of 31 December 2023, loans secured
yang diberikan yang dijamin dengan jaminan by cash collateral were Rp 28,587,601
uang tunai adalah Rp 28.587.601 (31 December 2022: Rp 28,186,840).
(31 Desember 2022: Rp 28.186.840).
99
Page 488
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. PINJAMAN YANG DIBERIKAN DAN 11. LOANS AND SHARIA FINANCING/ RECEIVABLES
PEMBIAYAAN/PIUTANG SYARIAH (lanjutan) (continued)
k. Kredit penerusan k. Channeling loans
Bank juga menyalurkan fasilitas kredit yang The Bank also provides loan facilities funded by
dananya bersumber dari Pemerintah Indonesia the Government of Indonesia or Bank Indonesia
atau Bank Indonesia melalui kredit penerusan through channeling loans in the form of Kredit
(channeling loan) dalam bentuk Kredit Usaha Usaha Tani (KUT) and Kredit Pengusaha Kecil
Tani (KUT) dan Kredit Pengusaha Kecil
Menengah (KPKM).
Menengah (KPKM).
Saldo dari kredit penerusan tidak diakui pada These chanelling loans are not recognized in the
laporan keuangan konsolidasian. Rincian saldo consolidated financial statements.
kredit penerusan adalah sebagai berikut: The balances were as follows:
31 Desember/December
2023 2022
Kredit Penerusan KUT 24,687 24,687 KUT Channeling Loans
Kredit Penerusan KPKM 16,061 9,830 KPKM Channeling Loans
40,748 34,517
l. Kredit sindikasi l. Syndicated loans
Kredit sindikasi merupakan kredit yang Syndicated loans represent loans provided to
diberikan kepada nasabah berdasarkan customers under syndication agreements with
perjanjian pembiayaan bersama (sindikasi) other banks and are generally used to support
dengan bank-bank lain dan umumnya the working capital needs and investment. In
digunakan untuk memenuhi kebutuhan modal syndicated loans, the Bank may act as a
kerja dan investasi. Dalam kredit sindikasi, member and/or arranger and/or Facility Agent
Bank dapat bertindak sebagai anggota and/or Security Agent. Syndication is done with
dan/atau arranger dan/atau Agen Fasilitas several banks in Indonesia and/or offshore.
dan/atau Agen Jaminan. Sindikasi dilakukan
dengan bank-bank di Indonesia dan/atau luar
negeri.
Keikutsertaan Bank sebagai anggota dan/atau Total participation of the Bank in syndicated
arranger dalam kredit sindikasi berkisar antara loans, in which the Bank acted as a member
1,77% sampai dengan 80% dari fasilitas kredit and/or arranger, ranged from 1.77% up to 80%
sindikasi pada tanggal 31 Desember 2023 of syndicated loan facility as of
dan 1,77% sampai dengan 80% dari fasilitas 31 December 2023 and ranged from 1.77% up
kredit sindikasi pada pada tanggal to 80% of syndicated loan facility as of
31 Desember 2022. 31 December 2022.
m. Perjanjian dengan perusahaan asuransi m. Agreements with insurance companies
PT Asuransi Allianz Life Indonesia PT Asuransi Allianz Life Indonesia
Pada tanggal 26 November 2008, Bank On 26 November 2008, the Bank entered into an
melakukan perjanjian (“PKS”) dengan agreement (“PKS”) with PT Asuransi Allianz Life
PT Asuransi Allianz Life Indonesia (“Allianz”), Indonesia (“Allianz”), a third party, to cover the
pihak ketiga, untuk melindungi Bank dari risiko Bank from the risk of uncollectible pension and
kerugian tidak tertagihnya kredit pensiunan dan micro loans with life insurance. The insurance
mikro dengan asuransi jiwa. Perjanjian agreement consists of 3 sections (insurance for
Kerjasama ini mencakup 3 bagian (asuransi pension loan debtors before
untuk debitur Kredit Pensiun sebelum tanggal 1 December 2008, insurance for pension loan
1 Desember 2008, asuransi untuk debitur debtors since 1 December 2008 onwards, and
Kredit Pensiun sejak tanggal insurance for micro loan debtors) and is effective
1 Desember 2008, dan asuransi untuk debitur for 5 (five) years since the date of the agreement,
kredit mikro) dan berlaku hingga 5 (lima) tahun and shall then be automatically renewed for
sejak tanggal perjanjian, dan kemudian dengan further successive periods of each of 5 (five)
sendirinya diperbaharui untuk jangka waktu years or as mutually agreed by both parties.
berikutnya masing-masing 5 (lima) tahun atau
sebagaimana disepakati bersama oleh para
pihak.
100
Page 489
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. PINJAMAN YANG DIBERIKAN DAN 11. LOANS AND SHARIA FINANCING/ RECEIVABLES
PEMBIAYAAN/PIUTANG SYARIAH (lanjutan) (continued)
m. Perjanjian dengan perusahaan asuransi m. Agreements with insurance companies
(lanjutan) (continued)
PT Asuransi Allianz Life Indonesia (lanjutan) PT Asuransi Allianz Life Indonesia (continued)
Pada tanggal 1 April 2013 dilakukan perubahan On 1 April 2013, the PKS has been amended in
atas PKS yang dibuat dalam bentuk PKS Induk the form of Master Agreement (Bancassurance
(Perjanjian Bancassurance untuk Kegiatan Agreement for Referral Activities) and Sub PKS
Referensi) dan PKS turunan yang dibuat untuk which were provided for each product of Pension
masing-masing produk Kredit Pensiun dan Loan and Employee Loan.
Kredit Pegawai.
Sesuai Perjanjian Kerja Sama As per Agreement No.020/RLBPM/V/2022 dated
No.020/RLBPM/V/2022 pada tanggal 20 June 2022 Bank and Allianz started new
20 Juni 2022 Bank dan Allianz mulai scheme insurance product for Pension Loan.
memberlakukan skema produk asuransi yang
baru untuk Kredit Pensiun.
Dengan mulai berlakunya produk asuransi With the implementation of this Pension Loan
Kredit Pensiun ini pemberian referensi produk insurance product, referencing existing Pension
asuransi Kredit Pensiun yang lama sudah tidak Loan insurance product will be discontinued
dilakukan lagi sejak tanggal 1 Juli 2022, namun starting from 1 July 2022. Existing Pension Loan
masih digunakan untuk perlindungan debitur insurance still cover the debtors existed before
yang sudah ada sebelum 1 Juli 2022. 1 July 2022.
PT Avrist Assurance PT Avrist Assurance
Pada tanggal 23 Juni 2011 Bank melakukan On 23 June 2011, the Bank entered an
perjanjian dengan PT Avrist Assurance agreement with PT Avrist Assurance (“Avrist”), a
(“Avrist”), pihak ketiga, untuk melindungi Bank third party, to cover the Bank from the risk of
dari risiko kerugian tidak tertagihnya kredit uncollectible pensioners loan. The agreement is
pensiunan. Perjanjian Kerjasama ini berlaku effective for one year and shall then be
selama satu tahun dan kemudian dengan automatically renewed for further successive
sendirinya diperbaharui untuk jangka waktu periods of each of one year or as mutually
berikutnya masing-masing satu tahun atau agreed by both parties.
sebagaimana disepakati bersama oleh kedua
belah pihak.
Pada tanggal 17 September 2015, Bank dan On 17 September 2015, Bank and Avrist agreed
Avrist sepakat untuk memperluas kerja sama to expand the agreement for Active Employee
untuk Kredit Pegawai Aktif dan kerja sama Loan and this agreement was last emphasized
tersebut ditegaskan terakhir pada on 17 September 2019.
17 September 2019.
Sesuai Perjanjian Kerja Sama As per Agreement No.017/RLBPM/III/2023 and
No.017/RLBPM/III/2023 dan No.018/RLBPM/III/2023 dated 1 February 2023
No.018/RLBPM/III/2023 pada tanggal Bank and Avrist started new scheme insurance
1 Februari 2023 Bank dan Avrist mulai product for Pension Loan..
memberlakukan skema produk Asuransi yang
baru untuk Kredit Pensiun.
Dengan mulai berlakunya produk asuransi With the implementation of this Pension Loan
Kredit Pensiun ini pemberian referensi produk insurance product, referencing existing Pension
asuransi Kredit Pensiun yang lama sudah tidak Loan insurance product will be discontinued
dilakukan lagi sejak tanggal 1 Februari 2023, starting from 1 February 2023. Existing Pension
namun masih digunakan untuk perlindungan
debitur yang sudah ada sebelum Loan insurance still cover the debtors existed
1 Februari 2023. before 1 February 2023.
101
Page 490
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. PINJAMAN YANG DIBERIKAN DAN 11. LOANS AND SHARIA FINANCING/ RECEIVABLES
PEMBIAYAAN/PIUTANG SYARIAH (lanjutan) (continued)
m. Perjanjian dengan perusahaan asuransi m. Agreements with insurance companies
(lanjutan) (continued)
PT Heksa Solution Insurance PT Heksa Solution Insurance
Pada tanggal 22 Juni 2023, Bank melakukan On 22 June 2023, the Bank entered an
perjanjian dengan PT Heksa Solution Insurance agreement with PT Heksa Solution Insurance
(“Heksa”) sesuai Perjanjian Kerja Sama (“Heksa”) as per agreement
No.037/RLBSA/VI/2023, pihak ketiga, untuk No.037/RLBSA/VI/2023, a non-related party, to
melindungi Bank dari risiko kerugian tidak cover the Bank from the risk
tertagihnya kredit pensiunan dan kredit of uncollectible pension loan and employee loan.
pegawai. Perjanjian Kerjasama ini berlaku The agreement is effective untill either party
sampai salah satu pihak menghendaki wishes otherwise or required by the regulation.
sebaliknya atau dikehendaki sesuai ketentuan
yang belaku.
PT Asuransi Jiwa Generali PT Asuransi Jiwa Generali
Pada tanggal 22 Juni 2011, Bank melakukan On 22 June 2011, the Bank entered into an
perjanjian dengan PT Asuransi Jiwa Generali agreement with PT Asuransi Jiwa Generali
(“Generali”), pihak ketiga, untuk melindungi (“Generali”), a third party, to cover the Bank from
Bank dari risiko kerugian tidak tertagihnya the risk of uncollectible pension loans. The
kredit pensiunan. Perjanjian Kerjasama ini agreement is effective for one year and shall
berlaku selama satu tahun dan kemudian then be automatically renewed for further
dengan sendirinya diperbaharui untuk jangka successive periods of each of one year or as
waktu berikutnya masing-masing satu tahun mutually agreed by both parties.
atau sebagaimana disepakati bersama oleh
kedua belah pihak.
Pada tanggal 9 Oktober 2015, Bank juga On 9 October 2015, the Bank also entered into
melakukan perjanjian dengan PT Asuransi Jiwa an agreement with PT Asuransi Jiwa Generali
Generali (“Generali”), pihak ketiga, untuk (“Generali”), a third party, to cover the Bank from
melindungi Bank dari risiko kredit dari pinjaman the credit risk of active employee loans.
pegawai aktif.
Perjanjian kerjasama ini berlaku selama lima The agreement is effective for five years and will
tahun dan kemudian secara otomatis akan be automatically extended for the next five years
diperpanjang untuk 5 tahun berikutnya atau or may be terminated earlier as agreed by both
dapat dihentikan lebih awal sebagaimana parties. The agreement was automatically
disepakati bersama oleh kedua belah pihak. extended on 9 October 2021 for the next 5 years
Perjanjian kerjasama ini diperpanjang secara until 9 October 2025.
otomatis pada tanggal 9 Oktober 2021 untuk
5 tahun berikutnya sampai dengan tanggal
9 Oktober 2025.
PT Proteksi Antar Nusa PT Proteksi Antar Nusa
Pada tanggal 1 Maret 2017, Bank melakukan On 1 March 2017, the Bank entered an
perjanjian dengan PT Proteksi Antar Nusa agreement with PT Proteksi Antar Nusa (“PAN”),
(“PAN”), pihak ketiga, untuk melindungi Bank a third party, to cover the Bank from the risk of
dari risiko kerugian tidak tertagihnya kredit uncollectible pensioners loan. The agreement
pensiunan. Perjanjian Kerjasama ini telah has been extended on 17 May 2021 for another
diperpanjang pada tanggal 17 Mei 2021 selama three years and can be extended as mutually
tiga tahun dan dapat diperpanjang agreed by both parties.
sebagaimana disepakati bersama oleh kedua
belah pihak.
102
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. PINJAMAN YANG DIBERIKAN DAN 11. LOANS AND SHARIA FINANCING/ RECEIVABLES
PEMBIAYAAN/PIUTANG SYARIAH (lanjutan) (continued)
m. Perjanjian dengan perusahaan asuransi m. Agreements with insurance companies
(lanjutan) (continued)
PT Asuransi Jiwa Sinarmas MSIG Tbk PT Asuransi Jiwa Sinarmas MSIG Tbk
Pada tanggal 12 Januari 2022, Bank melakukan On 12 January 2022, the Bank entered an
perjanjian dengan PT Asuransi Jiwa Sinarmas agreement with PT Asuransi Jiwa Sinarmas
MSIG Tbk (“Sinarmas MSIG”), pihak ketiga, MSIG Tbk (“Sinarmas MSIG”), a non-related
untuk melindungi Bank dari risiko kredit party, to cover the Bank from the risk
dari Kredit Pemilikan Rumah. Perjanjian of uncollectible mortgage loan. The agreement
kerjasama ini berlaku selama tiga tahun dan is effective for three years and can be
sewaktu-waktu dapat ditinjau kembali oleh reviewed whenever necessary by both
masing-masing pihak. Perjanjian kerja sama ini parties. The agreement was launched at
mulai diimplementasikan pada tanggal 24 March 2022.
24 Maret 2022.
n. Pinjaman yang diberikan dan n. Restructured loans and sharia
pembiayaan/piutang syariah yang financing/receivables
direstrukturisasi
Pada tanggal 31 Desember 2023 dan 2022, As of 31 December 2023 and 2022, total
jumlah pinjaman yang diberikan dan restructured loans and sharia financing/
pembiayaan/piutang syariah yang telah receivables based on OJK grading was as
direstrukturisasi berdasarkan kolektibilitas OJK follows:
adalah sebagai berikut:
31 Desember/December 2023
Dalam
perhatian
khusus/ Kurang
Lancar/ Special lancar/ Diragukan Macet/ Jumlah/
Current mention Substandard /Doubtful Loss Total
Korporasi 167,867 2,526,064 - - 507,652 3,201,583 Corporates
Pensiunan 236 - - - - 236 Pensioners
Kredit keperluan
rumah tangga - 2 2 3 7 14 Household goods
Kredit
kepemilikan
mobil 14 126 - - - 140 Car loans
Umum 265 54 41 - 1 361 General purpose
Usaha kecil Small medium
menengah 924,482 62,403 16,081 12,210 611,426 1,626,602 enterprises
Usaha mikro kecil 28,747 2,962 737 1,311 855 34,612 Micro business
Pembiayaan/
piutang Sharia financing/
syariah 610,501 39,794 15,809 5,674 18,005 689,783 receivables
1,732,112 2,631,405 32,670 19,198 1,137,946 5,553,331
103
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. PINJAMAN YANG DIBERIKAN DAN 11. LOANS AND SHARIA FINANCING/ RECEIVABLES
PEMBIAYAAN/PIUTANG SYARIAH (lanjutan) (continued)
n. Pinjaman yang diberikan dan n. Restructured loans and sharia
pembiayaan/piutang syariah yang financing/receivables (continued)
direstrukturisasi (lanjutan)
Pada tanggal 31 Desember 2023 dan 2022, As of 31 December 2023 and 2022, total
jumlah pinjaman yang diberikan dan restructured loans and sharia financing/
pembiayaan/piutang syariah yang telah receivables based on OJK grading was as
direstrukturisasi berdasarkan kolektibilitas OJK follows: (continued)
adalah sebagai berikut: (lanjutan)
31 Desember/December 2022
Dalam
perhatian
khusus/ Kurang
Lancar/ Special lancar/ Diragukan/ Macet/ Jumlah/
Current mention Substandard Doubtful Loss Total
Korporasi 3,853,177 648,050 - - 515,461 5,016,688 Corporates
Pensiunan 257 - - - - 257 Pensioners
Kredit keperluan
rumah tangga 290 44 42 40 9 425 Household goods
Kredit kepemilikan
mobil 723 138 15 78 - 954 Car loans
Umum 23,103 36 8 18 171,188 194,353 General purpose
Usaha kecil Small medium
menengah 1,372,194 36,798 205,380 28,184 469,658 2,112,214 enterprises
Usaha mikro kecil 77,307 10,076 625 771 670 89,449 Micro business
Pembiayaan/
piutang Sharia financing/
syariah 1,049,108 190,762 116,849 11,960 76,427 1,445,106 receivables
6,376,159 885,904 322,919 41,051 1,233,413 8,859,446
Sebagai dampak dari pandemi COVID-19 yang As the impacts of the COVID-19 pandemic which
melanda Indonesia sejak bulan Maret 2020, has been spread to Indonesia since March 2020,
sejumlah pinjaman yang diberikan dan certain amount of loans and sharia
pembiayaan/piutang syariah telah financing/receivables have been restructured
direstrukturisasi berdasarkan Peraturan OJK based on OJK Regulation
No. 11/POJK.03/ 2020 tanggal 16 Maret 2020 No. 11/POJK.03/ 2020 dated 16 March 2020
tentang Stimulus Perekonomian Nasional concerning National Economic Stimulus as a
Sebagai Kebijakan Countercyclical Dampak Countercyclical Policy on the Impacts of the
Penyebaran Coronavirus Disease 2019 dan Spread of Coronavirus Disease 2019 and OJK
Peraturan OJK No. 48/POJK.03/2020 tanggal Regulation No. 48/POJK.03/2020 dated
1 Desember 2020 tentang Perubahan Atas 1 December 2020 concerning Amendments to
Peraturan OJK No.11/POJK.03/2020 dan OJK Regulation No.11/POJK.03/2020 and OJK
Peraturan OJK No. 17/POJK.03/2021 tentang Regulation No. 17/POJK.03/2021 concerning the
Perubahan Kedua atas Peraturan OJK Second Amendment to OJK Regulation
No.11/POJK.03/2020, yang dilanjutkan di No.11/POJK.03/2020, continued to the post-
periode pasca-pandemi sesuai dengan POJK pandemic period in accordance to
No. 19/2022 tentang Perlakuan Khusus untuk OJK Regulation No. 19/2022 concerning Special
Lembaga Jasa Keuangan pada Daerah dan Treatment for Financial Services Institutions in
Sektor Tertentu di Indonesia yang Terkena Specific Regions and Sectors in Indonesia
Dampak Bencana yang berlaku serta KDK Impacted by a Disaster and OJK Board of
No. 34/KDK 03/2022 mengenai Penetapan Commissioners Decree No. 34/KDK 03/2022
Daerah dan/atau Sektor Ekonomi yang concerning Stipulation of Region and/or Sector
Terdampak Bencana yang Memerlukan Which Require Special Treatment regarding
Perlakuan Khusus terhadap Kredit Bank (sektor Bank Financing (the sectors and/or regions
ekonomi dan daerah tersebut adalah sektor include accommodation and food and drink
penyediaan akomodasi dan penyediaan makan provision sector, the textile and textile products
minum, sektor tekstil dan produk tekstil serta and footwear sectors, the micro, small and
alas kaki, segmen usaha mikro, kecil, dan medium enterprises Segment, and/or Bali
menengah, dan/atau daerah Provinsi Bali). Province).
104
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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)
12. BEBAN DIBAYAR DIMUKA 12. PREPAYMENTS
31 Desember/ December
2023 2022
Asuransi kredit 959,005) 1,247,475 Loans insurance
Pemeliharaan dan pembaharuan TI 107,022) 119,918 IT maintenance and renewal
Promosi 43,279) 37,341 Promotion
Beban lisensi dibayar dimuka 30,923) 35,880 Prepaid license fee
Sewa bangunan 11,531) 12,003 Building rental
Tunjangan perumahan 7,333) 5,856 Housing allowance
Lainnya 24,974) 6,669 Others
1,184,067) 1,465,142
Beban dibayar dimuka lainnya termasuk beban Other prepayments primarily includes prepayments
dibayar dimuka untuk asuransi jiwa, asuransi uang for life insurance, cash insurance and building
tunai dan asuransi gedung. insurance.
13. PERPAJAKAN 13. TAXATION
a. Klaim pengembalian pajak a. Claims for tax refund
31 Desember/ December
2023 2022
Kelebihan pembayaran pajak penghasilan Corporate income tax
badan - 2022 31,804 31,804 overpayment - 2022
Pengembalian pajak - 2002 16,972 - Refundable tax - 2002
Klaim pengembalian pajak - 2016 10,358 10,358 Claim for tax refund - 2016
Klaim pengembalian pajak - 2017 8,008 8,008 Claim for tax refund - 2017
Pajak lainnya 195 187 Other taxes
67,337 50,357
b. Utang pajak b. Taxes payable
31 Desember/ December
2023 2022
Pajak penghasilan badan: Corporate income taxes:
Bank Bank
- Pasal 25 13,861 - Article 25 -
- Pasal 29 59,168 - Article 29 -
Entitas anak Subsidiary
- Pasal 25 29,385 34,044 Article 25 -
- Pasal 29 5,466 10,298 Article 29 -
107,880 44,342
Pajak lainnya: Other taxes:
Bank Bank
- Pasal 23, 26 dan 4(2) 83,080 72,976 Article 23, 26 and 4(2) -
- Pasal 21 27,421 35,679 Article 21 -
- Pajak pertambahan nilai 3,487 5,328 Value added tax -
Entitas anak Subsidiary
- Pasal 23, 26 dan 4(2) 9,183 7,061 Article 23, 26 and 4(2) -
- Pasal 21 6,832 7,761 Article 21 -
- Pajak pertambahan nilai 35 129 Value added tax -
130,038 128,934
237,918 173,276
105
Page 494
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. PERPAJAKAN (lanjutan) 13. TAXATION (continued)
c. Beban pajak penghasilan c. Income tax expense
Tahun berakhir 31 Desember/
Year ended 31 December
2023 2022
Pajak penghasilan: Income taxes:
- Kini Current -
Bank 515,697) 503,801) Bank
Entitas anak 411,468) 510,165) Subsidiary
- Penyesuaian terhadap beban pajak Adjustment to prior years’ tax -
tahun-tahun sebelumnya expense
Bank 18,304) 634) Bank
- Tangguhan – Pembentukan Deferred – Origination of temporary -
perbedaan temporer differences
Bank (58,109) 20,506) Bank
Entitas anak (112,162) (7,351) Subsidiary
Jumlah beban pajak penghasilan 775,198) 1,027,755) Total income tax expenses
Rekonsiliasi antara laba akuntansi The reconciliation between consolidated
konsolidasian sebelum pajak penghasilan dikali accounting profit before income tax multiplied by
tarif pajak yang berlaku dengan beban pajak the prevailing tax rate and consolidated income
penghasilan konsolidasian adalah sebagai tax expense was:
berikut:
Tahun berakhir 31 Desember/
Year ended 31 December
2023 2022
Laba akuntansi konsolidasian sebelum Consolidated accounting profit before
pajak penghasilan 3,457,682) 4,657,319) income tax
Ditambah: Add:
Pendapatan dividen dari Entitas Anak 498,815) 332,992) Dividend income from Subsidiary
3,956,497) 4,990,311)
Tarif pajak 22%) 22%) Tax rate
Pajak dihitung dengan tarif pajak 870,430) 1,097,868) Tax calculated at tax rate
Perbedaan permanen dengan tarif pajak Permanent differences at tax rate:
- Bank (109,265) (71,434) Bank -
- Entitas anak (4,271) 687) Subsidiary -
Penyesuaian terhadap beban pajak Adjustments to prior year’s tax
tahun-tahun sebelumnya 18,304) 634) expense
Beban pajak penghasilan konsolidasian 775,198) 1,027,755) Consolidated income tax expense
Rekonsiliasi antara laba akuntansi konsolidasian The reconciliation between consolidated
sebelum pajak penghasilan dan penghasilan accounting profit before income tax and taxable
kena pajak Bank adalah sebagai berikut: income of the Bank was as follows:
Tahun berakhir 31 Desember/
Year ended 31 December
2023 2022
Laba akuntansi konsolidasian sebelum Consolidated accounting profit before
pajak penghasilan 3,457,682) 4,657,319) income tax
Ditambah (dikurangi): Add (less):
Pendapatan dividen dari Entitas Anak 498,815) 332,992) Dividend income from Subsidiary
Laba Entitas Anak sebelum pajak
penghasilan (1,379,894) (2,282,394) Subsidiary’s profit before income tax
Laba akuntansi sebelum pajak Accounting profit before income
penghasilan (Bank saja) 2,576,603) 2,707,917) tax (Bank only)
Perbedaan temporer: Temporary differences:
Penyisihan kerugian aset produktif - Allowance for impairment losses on
pinjaman yang diberikan 382,098) (419,667) earning assets - loans
Modifikasi arus kas kontraktual Modification of loans contractual
pinjaman yang diberikan (14,003) 308,911) cash flows
Beban penyusutan (110,481) 47,640) Depreciation expenses
Bonus direksi 6,426) (9,307) Bonus for directors
Beban atas imbalan pascakerja (10,404) (40,592) Post-employment benefit expenses
Akrual, bonus, tantiem dan imbalan Accruals, bonus, tantiem and other
jangka panjang lainnya 10,496) 19,804) long-term - employee benefits
Jumlah perbedaan temporer 264,132) (93,211) Total temporary differences
Perbedaan permanen: Permanent differences:
Beban/(penghasilan) yang tidak
dapat dikurangkan/dikenakan - Non-deductible/(non-taxable)
pajak - bersih (496,659) (324,700) expenses/incomes - net
Penghasilan kena pajak Bank 2,344,076) 2,290,006) Taxable income of the Bank
106
Page 495
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. PERPAJAKAN (lanjutan) 13. TAXATION (continued)
d. Perhitungan beban pajak kini dan d. The computation of current tax expense and
kekurangan pembayaran pajak penghasilan corporate income tax underpayment was as
badan adalah sebagai berikut: follows:
Tahun berakhir 31 Desember/
Year ended 31 December
2023 2022
Penghasilan kena pajak: Taxable income:
Bank 2,344,076) 2,290,006) Bank
Entitas Anak 1,870,310) 2,318,931) Subsidiary
4,214,386) 4,608,937)
Beban pajak kini: Current tax expense:
Bank 515,697) 503,801) Bank
Entitas Anak 411,468) 510,165) Subsidiary
927,165) 1,013,966)
Dikurangi: Less:
Pajak dibayar dimuka pasal 25: Prepaid taxes article 25:
Bank (456,529) (535,605) Bank
Entitas Anak (406,002) (499,867) Subsidiary
(862,531) (1,035,472)
(Kelebihan) kekurangan pembayaran Corporate income tax
pajak penghasilan badan (over) under payment
pasal (28) 29: article (28) 29:
Bank 59,168) (31,804) Bank
Entitas anak 5,466) 10,298) Subsidiary
64,634) (21,506)
e. Sesuai dengan peraturan perpajakan di e. Under the taxation laws of Indonesia, the Group
Indonesia, Grup menghitung dan calculates and submits individual company tax
melaporkan/menyetorkan pajak untuk setiap returns (submission of consolidated income tax
perusahaan sebagai suatu badan hukum yang computation is not allowed) on a self-
terpisah (pelaporan pajak penghasilan assessment basis. The tax authorities may
konsolidasian tidak diperbolehkan) assess/amend taxes within the statute of
berdasarkan sistem self-assessment. Fiskus limitations under prevailing regulations.
dapat menetapkan/mengubah pajak-pajak
tersebut dalam jangka waktu tertentu sesuai
peraturan yang berlaku.
Manajemen mempertahankan posisi Management vigorously defends the Group’s tax
perpajakan Grup yang diyakini berdasarkan positions which are believed to be grounded on
pada teknik dasar yang kuat, sesuai dengan sound technical basis, in compliance with the tax
peraturan perpajakan dan upaya manajemen regulations and management’s efforts to
dalam mengantisipasi kemungkinan risiko anticipate possible future tax exposure.
timbulnya pajak di masa depan.
Perhitungan pajak penghasilan badan untuk The above calculation of income tax for the
periode yang berakhir pada tanggal period ended 31 December 2023 was a
31 Desember 2023 di atas adalah suatu preliminary estimate made for accounting
perhitungan sementara yang dibuat untuk purposes.
tujuan akuntansi.
Laba kena pajak yang diperoleh dari laba Taxable income which was obtained from
sebelum pajak secara komersial setelah commercial profit before tax after fiscal
dilakukan koreksi fiskal sesuai dengan correction in accordance with applicable tax
ketentuan perpajakan yang berlaku akan regulation will be the basis for calculating and
menjadi dasar dalam perhitungan dan preparing the Bank’s and Subsidiaries’ Annual
pengisian Surat Pemberitahuan (SPT) Tahunan Corporate Income Tax Returns (SPT).
PPh Badan Bank dan Entitas Anak.
Bank masih menunggu peraturan implementasi The Bank is still awaiting for the tax
pajak mengenai penghitungan pajak terkait implementing regulation regarding allowance for
biaya cadangan kerugian penurunan nilai atas impairment losses of loans that has not yet been
pinjaman yang diberikan yang sampai dengan issued by the Indonesian Government until the
tanggal laporan keuangan konsolidasian ini date of the issuance of this consolidated financial
dibuat belum dikeluarkan oleh Pemerintah statements. Significant changes may affect the
Indonesia. Perubahan signifikan atas corporate income tax calculation if the new
penghitungan pajak penghasilan badan implementing regulation regulates differently as
mungkin akan terjadi jika peraturan compared with the prevailing tax regulation.
implementasi baru mengatur lain dibandingkan
dengan peraturan yang saat ini berlaku.
107
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. PERPAJAKAN (lanjutan) 13. TAXATION (continued)
e. Perhitungan perpajakan untuk tahun yang e. Tax calculation for the year ended
berakhir 31 Desember 2022 sesuai dengan 31 December 2022 is in accordance with Bank’s
SPT tahunan Bank. annual tax return (SPT).
Pada bulan Oktober 2021, Undang-Undang No. In October 2021, Law No. 7 of 2021 amended the
7 Tahun 2021 mengubah pasal dari Undang- provision of Law No. 2 of 2020, in that the
Undang No. 2 Tahun 2020, sehingga tarif pajak statutory tax rate of 22% applies for fiscal year
22% berlaku untuk tahun pajak 2022 dan 2022 and onwards.
seterusnya.
f. Aset (liabilitas) pajak tangguhan f. Deferred tax assets (liabilities)
Rincian dari aset (liabilitas) pajak tangguhan Details of deferred tax assets (liabilities) of the
Grup adalah sebagai berikut: Group was as follows:
Bank Bank
Tahun berakhir 31 Desember 2023/
Year ended 31 December 2023
Dikreditkan Dikreditkan
(Dibebankan) (Dibebankan) ke
ke laba rugi/ ekuitas/
Saldo awal/ Credited Credited
Beginning (Charged) to (Charged) to Saldo akhir/
balance profit or loss equity Ending balance
Cadangan kerugian
penurunan nilai atas Allowance for impairment
pinjaman yang diberikan 183,836) 84,062) -) 267,898) losses on loans
Modifikasi arus kas
kontraktual pinjaman yang Modification of loans
diberikan 67,960) (3,080) -) 64,880) contractual cash flows
Short-term employee
Imbalan kerja jangka pendek 62,480) 8,567) -) 71,047) benefits
Imbalan pascakerja dan Post-employment
imbalan kerja jangka benefits and other long-
panjang 9,522) (1,490) 20,146) 28,178) term employee benefits
(Keuntungan) kerugian yang Unrealized (gains) losses
belum direalisasi dari efek- on securities
efek yang diukur pada nilai measured at fair value
wajar melalui penghasilan through other
komprehensif lain 2,187) -) (2,977) (790) comprehensive income
Aset tetap (termasuk aset Fixed assets (including
hak guna) (a) (30,265) (29,683) -) (59,948) right-of-use assets) (a)
Liabilitas sewa (a) 78,791) (12,748) -) 66,043) Lease liabilities (a)
Lain-lain 9,896) (5,644) -) 4,252) Others
Aset (liabilitas) pajak Deferred tax assets
tangguhan – bersih 384,407) 39,984) 17,169) 441,560) (liabilities)- net
(a): Bank menetapkan pajak tangguhan terkait aset dan liabilitas (a): The Bank applied deferred tax related to assets and liabilities arising
yang timbul dari transaksi tunggal (Amandemen PSAK 46) from a single transaction (Amendments to PSAK 46) starting from
mulai dari tanggal 1 Januari 2023 dan menyajikan kembali 1 January 2023 and restate the comparative as of
komparasi 31 Desember 2022. Setelah amandemen tersebut, 31 December 2022. Following the amendment, the Bank has
Bank mengakui aset pajak tangguhan tersendiri sehubungan recognized a separate deferred tax asset in relation to its lease
dengan liabilitas sewa dan kewajiban pajak tangguhan liabilities and a deferred tax liability in relation to its right-of-use
sehubungan dengan aset hak guna nya. assets.
108
Page 497
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. PERPAJAKAN (lanjutan) 13. TAXATION (continued)
f. Aset (liabilitas) pajak tangguhan (lanjutan) f. Deferred tax assets (liabilities) (continued)
Bank (lanjutan) Bank (continued)
Tahun berakhir 31 Desember 2022/
Year ended 31 December 2022
Dikreditkan Dikreditkan
(Dibebankan) (Dibebankan) ke
ke laba rugi/ ekuitas/
Saldo awal/ Credited Credited
Beginning (Charged) to (Charged) to Saldo akhir/
balance profit or loss equity Ending balance
Cadangan kerugian
penurunan nilai atas Allowance for impairment
pinjaman yang diberikan 276,162)) (92,326) -) 183,836) losses on loans
Modifikasi arus kas
kontraktual pinjaman yang Modification of loans
diberikan -)) 67,960) -) 67,960) contractual cash flows
Short-term employee
Imbalan kerja jangka pendek 63,208)) (728) -) 62,480) benefits
Imbalan pascakerja dan Post-employment
imbalan kerja jangka benefits and other long-
panjang 9,033)) Ddd(8,993) 9,482) 9,522) term employee benefits
(Keuntungan) kerugian yang Unrealized (gains) losses
belum direalisasi dari efek- on securities
efek yang diukur pada nilai measured at fair value
wajar melalui penghasilan through other
komprehensif lain (33,226) -) 35,413) 2,187) comprehensive income
Aset tetap (termasuk aset Fixed assets (including
hak guna) (a) (59,414) 29,149) -) (30,265) right-of-use assets) (a)
Liabilitas sewa (a) 92,464) (13,673) -) 78,791) Lease liabilities (a)
Lain-lain 11,791) (1,895) -) 9,896) Others
Aset (liabilitas) pajak Deferred tax assets
tangguhan – bersih 360,018) (20,506) 44,895) 384,407) (liabilities)- net
(a): Bank menetapkan pajak tangguhan terkait aset dan liabilitas (a): The Bank applied deferred tax related to assets and liabilities arising
yang timbul dari satu transaksi (Amandemen PSAK 46) mulai from a single transaction (Amendments to PSAK 46) starting from
dari tanggal 1 Januari 2023 dan menyajikan kembali komparasi 1 January 2023 and restate the comparative as of
31 Desember 2022. Setelah amandemen tersebut, Bank 31 December 2022. Following the amendment, the Bank has
mengakui aset pajak tangguhan tersendiri sehubungan dengan recognized a separate deferred tax asset in relation to its lease
liabilitas sewa dan kewajiban pajak tangguhan sehubungan liabilities and a deferred tax liability in relation to its right-of-use
dengan aset hak guna nya. assets.
Entitas Anak Subsidiary
Tahun berakhir 31 Desember 2023/
Year ended 31 December 2023
Dikreditkan
(Dibebankan) Dikreditkan
ke laba rugi/ (Dibebankan) ke
Saldo awal/ Credited/ ekuitas/ Credited
Beginning (Charged) to (Charged) to Saldo akhir/
balance profit or loss equity Ending balance
Short-term employee
Imbalan kerja jangka pendek 35,579) 4,955) -) 40,534) benefits
Imbalan pascakerja dan Post-employment benefits
imbalan kerja jangka panjang and other long-term
lainnya 2,057) 7,007) 58 9,122) employee benefits
Aset tetap (586) (2,430) -) (3,016) Fixed assets
Cadangan kerugian Allowance for impairment
penurunan nilai atas piutang losses on murabahah
murabahah 112,696) 105,324) -) 218,020) receivables
Keuntungan yang belum Unrealized gains from
direalisasi dari efek-efek (18) -) (22) (40) securities
Keuntungan yang belum Unrealized gain from
direalisasi dari investasi investment in equity
pada efek ekuitas (842) 196) -) (646) securities
Lainnya 11,736) (2,118) -) 9,618) Others
Aset pajak tangguhan - bersih 160,622) 112,934) 36) 273,592) Deferred tax assets - net
109
Page 498
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. PERPAJAKAN (lanjutan) 13. TAXATION (continued)
f. Aset (liabilitas) pajak tangguhan (lanjutan) f. Deferred tax assets (liabilities) (continued)
Entitas Anak (lanjutan) Subsidiary (continued)
Tahun berakhir 31 Desember 2022/
Year ended 31 December 2022
Dikreditkan
(Dibebankan) Dikreditkan
Saldo ke laba rugi/ (Dibebankan) ke
awal/ Credited/ ekuitas/ Credited Saldo akhir/
Beginning (Charged) to (Charged) to Ending
balance profit or loss equity balance
Short-term employee
Imbalan kerja jangka pendek 30,098) 5,481) -) 35,579) benefits
Imbalan pascakerja dan Post-employment benefits
imbalan kerja jangka panjang and other long-term
lainnya 7,738) (4,385) (1,296) 2,057) employee benefits
Aset tetap 2,590) (3,176) -) (586) Fixed assets
Cadangan kerugian Allowance for impairment
penurunan nilai atas piutang losses on murabahah
murabahah 98,386) 14,310) -) 112,696) receivables
Keuntungan yang belum Unrealized gains from
direalisasi dari efek-efek (25) -) 7) (18) securities
Keuntungan yang belum Unrealized gain from
direalisasi dari investasi investment in equity
pada efek ekuitas -) (842) -) (842) securities
Lainnya 15,773) (4,037) 11,736) Others
Aset pajak tangguhan - bersih 154,560) 7,351) (1,289) 160,622) Deferred tax assets - net
g. Surat ketetapan pajak g. Tax assessment letters
Sebelum penggabungan usaha (Catatan Before the merger (Note 1.b), SMBCI had the
1.b), SMBCI memiliki surat ketetapan pajak following tax assessments:
sebagai berikut:
Tahun pajak 2002 Fiscal year 2002
Pada bulan Februari 2011, SMBCI mengajukan In February 2011, SMBCI filed an appeal to the
gugatan baru ke Pengadilan Pajak untuk Tax Court to get interest compensation related
memperoleh kompensasi bunga terkait with 2002 tax assessment which was won by
pemeriksaan pajak tahun 2002 yang SMBCI. On 22 September 2011, SMBCI won its
dimenangkan oleh SMBCI. Pada tanggal appeal to the Tax Court.
22 September 2011, SMBCI memenangkan
gugatan ke Pengadilan Pajak tersebut.
Pada bulan Januari 2012, DJP mengajukan In January 2012, DGT filed a judicial review to the
permohonan kasasi kepada Mahkamah Agung Supreme Court to revoke the decision of the Tax
untuk membatalkan keputusan dari Pengadilan Court for interest compensation.
Pajak atas imbalan bunga tersebut.
Sehubungan dengan proses tersebut, pada In relation to this process, on 31 May 2023, the
tanggal 31 Mei 2023 Majelis Mahkamah Assembly of the Supreme Court has announced
Agung mengumumkan keputusan menolak the decision to reject the DGT Judicial Review.
Peninjauan Kembali dari DJP. Pada tanggal On 12 July 2023, the Bank has received the
12 Juli 2023, Bank telah menerima putusan written formal Supreme Court decision letter.
formal Mahkamah Agung tersebut. Atas Upon the issuance of the decision, on
putusan ini, pada tanggal 13 November 2023, 13 November 2023, the Bank submitted request
Bank mengajukan surat permohonan letter for interest compensation to tax office.
pengembalian imbalan bunga ke kantor pajak.
110
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. PERPAJAKAN (lanjutan) 13. TAXATION (continued)
g. Surat ketetapan pajak (lanjutan) g. Tax assessment letters (continued)
Sebelum penggabungan usaha (Catatan Before the merger (Note 1.b), SMBCI had the
1.b), SMBCI memiliki surat ketetapan pajak following tax assessments: (continued)
sebagai berikut: (lanjutan)
Tahun pajak 2002 (lanjutan) Fiscal year 2002 (continued)
Pada tanggal 11 Desember 2023, Bank On 11 December 2023, the Bank received letter
menerima surat dari kantor pajak tentang from tax office concerning the interest
pemberian imbalan bunga sebesar Rp 16.972 compensation provision amounting to
yang telah diakui dalam klaim pengembalian Rp 16,972 which has been recognised in claims
pajak. Sampai dengan tanggal 31 Desember for tax refund. As of 31 December 2023, the
2023, Bank belum menerima imbalan bunga Bank has not received the interest compensation
tersebut dari kantor pajak. from tax office.
Tahun pajak 2017 Fiscal year 2017
Pada tanggal 4 Februari 2021, Bank menerima On 4 February 2021, the Bank received tax audit
surat pemberitahuan pemeriksaan pajak untuk notice for fiscal year 2017. On 9 August 2022, the
tahun pajak 2017. Pada tanggal 9 Agustus Directorate General of Taxes issued
2022, Direktorat Jenderal Pajak mengeluarkan Underpayment Tax Assessment Letter (SKPKB)
Surat Ketetapan Pajak Kurang Bayar (SKPKB) amounting to Rp 8,074 along with Tax
untuk seluruh jenis pajak dengan jumlah Collection Letter (STP) amounting to
sebesar Rp 8.074, dan Surat Tagihan Pajak Rp 1.5. The Bank has paid the amount on
(STP) sebesar Rp 1,5. Atas SKPKB tersebut 7 September 2022. The Bank has submitted tax
Bank telah melakukan pembayaran seluruhnya objection letter on 7 November 2022 amounting
pada tanggal 7 September 2022. Bank telah to Rp 8,008.
mengajukan permohonan surat keberatan
pajak pada tanggal 7 November 2022 dengan
jumlah Rp 8.008.
Pada tanggal 31 Agustus 2023, DJP telah On 31 August 2023, DJP has issued objection
mengeluarkan surat keputusan penolakan decision letter which rejected Bank’s objection.
keberatan. Pada tanggal 29 November 2023 On 29 November 2023, the Bank has submitted
Bank mengajukan surat banding atas appeal letter against such decsion letter to the tax
keputusan keberatan tersebut ke pengadilan court. Until now the appeal process is still on
pajak. Sampai saat ini proses banding tersebut going.
masih berlangsung.
Tahun pajak 2018 Fiscal year 2018
Pada tanggal 5 Oktober 2022, Bank menerima On 5 October 2022, the Bank received tax audit
surat pemberitahuan pemeriksaan pajak untuk notice for fiscal year 2018.
tahun pajak 2018.
Pada tanggal 28 Juli 2023, Bank menerima On 28 July 2023, the Bank received
Surat Ketetapan Pajak Kurang Bayar (SKPKB) Underpayment Tax Assessment Letter (SKPKB)
untuk seluruh jenis pajak meliputi PPh Badan, for all taxes which include corporate income tax,
Pajak pemotongan dan PPN sebesar Rp 365. withholding tax and value added tax amounting to
Bank tidak mengajukan keberatan atas SKPKB Rp 365. Bank will not go for the objections againts
tersebut. the SKPKB.
Dengan di SKPKB tersebut, maka proses With the issuance of the SKPKB, the tax audit has
pemeriksaan pajak telah selesai. been completed.
111
Page 500
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. PERPAJAKAN (lanjutan) 13. TAXATION (continued)
g. Surat ketetapan pajak (lanjutan) g. Tax assessments letters (continued)
Sebelum penggabungan usaha (Catatan Before the merger (Note 1.b), BTPN had the
1.b), BTPN memiliki surat ketetapan pajak following tax assessments:
sebagai berikut:
Tahun pajak 2016 Fiscal year 2016
Pada tanggal 28 Januari 2021, DJP On 28 January 2021, DGT issued an
menerbitkan Surat Ketetapan Pajak Kurang underpayment tax assessment (SKPKB)
Bayar (SKPKB) sebesar Rp 13.155. Pada amounting to Rp 13,155. On 26 April 2021, the
tanggal 26 April 2021, Bank mengajukan Bank submited an objection letter on the SKPKB
keberatan atas SKPKB tersebut kepada DJP. to the DGT.
Pada tanggal 10 Maret 2022, Direktorat On 10 March 2022, the Directorate General of
Jenderal Pajak telah menerbitkan 2 (dua) Taxes has issued 2 (two) decision regarding tax
putusan sehubungan dengan keberatan atas objection of tax assessment letter (SKPKB) which
SKPKB yang diajukan sebelumnya, adapun the Bank has applied, the result of the decision
hasil keputusan mengabulkan sebagian grants part of the objection therefore the amount
keberatan sehingga pajak yang terhutang yang of tax payable is reduced from
sebelumnya Rp 13.155 menjadi Rp 10.358, Rp 13,155 to Rp 10,358, with regards to the
atas keputusan ini, Bank mengajukan proses objection decision, the Bank has applied for
banding pada pengadilan pajak yang appeal process in tax court on 8 June 2022. Until
telah disampaikan pada tanggal now, the Bank has not yet received the decision
8 Juni 2022. Sampai saat ini, Bank belum from tax court.
menerima putusan dari pengadilan pajak.
Tahun pajak 2017 Fiscal year 2017
Pada tanggal 29 April 2019, Bank menerima On 29 April 2019, the Bank received Tax
Surat Ketetapan Pajak Lebih Bayar (“SKPLB”) Overpayment Letter (“SKPLB”) amounting to
sebesar Rp 48.017 dari total lebih bayar Rp 48,017 from the total overpayment in annual
menurut SPT Tahunan PPh Badan sebesar tax return amounting to Rp 53,308. The Bank
Rp 53.308. Atas selisih sebesar Rp 5.237, Bank filed an objection letter on 23 July 2019 for the
mengajukan keberatan dengan surat difference of Rp 5,237.
pengajuan tertanggal 23 Juli 2019.
Pada bulan Juni 2020, Bank menerima surat In June 2020, the Bank received an objection
keputusan keberatan dari DJP yang menerima decision letter from DGT which partially accepted
sebagian permintaan keberatan Bank. Pada the Bank's objection request. On
tanggal 11 September 2020, Bank telah 11 September 2020, the Bank submitted a
mengajukan permohonan banding ke request to the tax court for appeal of income tax
Pengadilan Pajak untuk PPh Badan dan pajak and other taxes amounting to Rp 5,017 and
lainnya masing-masing sebesar Rp 5.017 dan Rp 5,822, respectively.
Rp 5.822.
Pada tanggal 25 Agustus 2022, Bank menerima On 25 August 2022, the Bank has received Tax
putusan dari Pengadilan Pajak dengan total Court Decision with total amoutn granted of
putusan yang dikabulkan sebesar Rp 4.554 Rp 4,554 for corporate income tax and Rp 419 for
untuk PPh Badan dan Rp 419 untuk PPN. Atas VAT. The Bank has received most of the agreed
putusan tersebut, Bank sudah menerima refund amount on 25 September 2022. For the
pengembalian atas sebagian besar pajak yang rejected amount of Rp 5,874, Bank has booked
disetujui pada tanggal 25 September 2022. Atas as expense in 2022. Both of Bank and DGT did
jumlah yang telah ditolak sebesar Rp 5.874, not submit further appeal to Supreme Court.
Bank telah membebankan dalam biaya tahun Therefore, the tax litigation for Fiscal Year 2017
2022. Baik Bank atau DJP tidak mengajukan are considered completed.
peninjauan kembali ke Mahkamah Agung.
Dengan demikian, kasus pajak untuk
Tahun Pajak 2017 telah selesai.
112
Page 501
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. PERPAJAKAN (lanjutan) 13. TAXATION (continued)
g. Surat ketetapan pajak (lanjutan) g. Tax assessments letters (continued)
Setelah penggabungan usaha (Catatan 1.b), After the merger (Note 1.b), BTPN had the
BTPN memiliki surat ketetapan pajak following tax assessments:
sebagai berikut:
Tahun pajak 2019 Fiscal year 2019
Pada tanggal 14 April 2021, Bank menerima On 14 April 2021, the Bank received Tax
Surat Ketetapan Pajak Lebih Bayar (“SKPLB”) Overpayment Letter (“SKPLB”) amounting to
sebesar Rp 178.984 dari total lebih bayar Rp 178,984 from the total overpayment in annual
menurut SPT Tahunan PPh Badan tahun 2019 tax return amounting to Rp 197,290. On 2 June
sebesar Rp 197.290. Pada tanggal 2 Juni 2021, 2021, the Bank received the tax overpayment
Bank telah menerima pengembalian pajak amounting to Rp 178,019 after being deducted
sebesar Rp 178.019 setelah dikurangi Surat with the underpayment tax assessment (SKPKB)
Ketetapan Pajak Kurang Bayar (SKPKB) yang amounting to Rp 965.
diperhitungkan sebesar Rp 965.
Pada tanggal 12 Juli 2021, Bank On 12 July 2021, the Bank submitted an
menyampaikan surat keberatan kepada DJP Objection Letter partial to the amount of the Tax
atas sebagian jumlah dalam Surat Ketetapan Assessment Letter to DGT amounting to
Pajak sebesar Rp 9.345. Jumlah pajak yang Rp 9,345. The remaining tax which was not
tidak diajukan keberatan sebesar Rp 9.926, objected amounting to Rp 9,926 was charged to
dibebankan ke dalam laba-rugi Bank. Pada the Bank’s profit or loss. On 30 June 2022, DGT
tanggal 30 Juni 2022, DJP menerbitkan has issued Objection Decision in favour of the
Keputusan Keberatan, adapun hasilnya adalah Bank with an amount of Rp 9,345, the Bank has
DJP menerima Keberatan Bank senilai requested a refund for the amount mentioned to
Rp 9.345, atas nilai tersebut Bank sudah DGT. The Bank has received the overpayment
mengajukan pengembalian kelebihan bayar refund from the DGT, then as of 31 December
kepada DJP. Bank telah menerima 2022 the tax case for fiscal year 2019 has been
pengembalian kelebihan bayar dari DJP, maka completed.
per 31 Desember 2022 kasus pajak untuk tahun
pajak 2019 telah selesai.
Tahun Pajak 2022 Fiscal Year 2022
Pada tanggal 18 Juli 2023, Bank menerima On 18 July 2023, the Bank received tax audit
surat pemberitahuan pemeriksaan pajak untuk notification letter for fiscal year 2022. Until now,
tahun pajak 2022. Sampai saat ini, pemeriksaan the tax audit process is still on going.
masih sedang berlangsung.
113
Page 502
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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)
14. ASET TETAP 14. FIXED ASSETS
Aset tetap terdiri dari: Fixed assets consist of the following:
Tahun berakhir 31 Desember 2023/
Year ended 31 December 2023
Saldo awal/ Saldo akhir/
Beginning Penambahan/ Pengurangan/ Reklasifikasi/ Revaluasi/ Ending
balance Additions Deductions Reclassification Revaluation balance
Model revaluasi Revaluation model
Kepemilikan langsung Direct ownership
Tanah 981,703) -) (20,278) -) 79,772) 1,041,197) Land
Model biaya Cost model
Kepemilikan langsung Direct ownership
Gedung 425,296) 526) (10,599) 3,678) -) 418,901) Buildings
Kendaraan bermotor 216,400) 58,421) (20,515) -) -) 254,306) Motor vehicles
Perlengkapan kantor 1,489,714) 45,350) (143,278) 84,562) -) 1,476,348) Office equipments
Leasehold Leasehold
improvement 646,603) 20,582) (86,560) 9,289) -) 589,914) improvement
Aset dalam Construction in
pembangunan 56,150) 90,969) (8,536) (94,708) -) 43,875) progress
2,834,163) 215,848) (269,488) 2,821) -) 2,783,344)
Aset hak guna 1,293,316) 157,827) (235,434) -) -) 1,215,709) Right-of-use assets
5,109,182) 373,675) (525,200) 2,821) 79,772) 5,040,250)
Akumulasi Accumulated
penyusutan depreciation
Gedung (276,916) (19,095) 8,696) -) -) (287,315) Buildings
Kendaraan bermotor (148,497) (38,180) 19,368) -) -) (167,309) Motor vehicles
Perlengkapan kantor (1,220,918) (140,535) 142,376) 2,591) -) (1,216,486) Office equipments
Leasehold Leasehold
improvement (579,699) (40,441) 77,071) -) -) (543,069) improvement
(2,226,030) (238,251) 247,511) 2,591) -) (2,214,179)
Aset hak guna (764,647) (211,586) 197,974) -) -) (778,259) Right-of-use assets
(2,990,677) (449,837) 445,485) 2,591) -) (2,992,438)
Nilai buku bersih 2,118,505) 2,047,812) Net book value
Tahun berakhir 31 Desember 2022/
Year ended 31 December 2022
Saldo awal/ Saldo akhir/
Beginning Penambahan/ Pengurangan/ Reklasifikasi/ Ending
balance Additions Deductions Reclassification balance
Model revaluasi Revaluation model
Kepemilikan langsung Direct ownership
Tanah 981,703) -) -) -) 981,703) Land
Model biaya Cost model
Kepemilikan langsung Direct ownership
Gedung 423,329) 732) -) 1,235) 425,296) Buildings
Kendaraan bermotor 209,980) 32,867) (26,551) 104) 216,400) Motor vehicles
Perlengkapan kantor 1,432,828) 30,850) (73,123) 99,159) 1,489,714) Office equipments
Leasehold improvement 814,732) 9,916) (187,329) 9,284) 646,603) Leasehold improvement
Aset dalam pembangunan 42,527) 119,329) (4,294) (101,412) 56,150) Construction in progress
2,923,396) 193,694) (291,297) 8,370) 2,834,163)
Aset hak guna 1,247,902) 164,257) (118,843) -) 1,293,316) Right-of-use assets
5,153,001) 357,951) (410,140) 8,370) 5,109,182)
Akumulasi penyusutan Accumulated depreciation
Gedung (250,502) (26,414) -) -) (276,916) Buildings
Kendaraan bermotor (133,825) (39,564) 24,892) -) (148,497) Motor vehicles
Perlengkapan kantor (1,145,047) (147,033) 71,162) -) (1,220,918) Office equipments
Leasehold improvement (722,065) (44,946) 187,312) -) (579,699) Leasehold improvement
(2,251,439) (257,957) 283,366) -) (2,226,030)
Aset hak guna (657,772) (225,718) 118,843) -) (764,647) Right-of-use assets
(2,909,211) (483,675) 402,209) -) (2,990,677)
Nilai buku bersih 2,243,790) 2,118,505) Net book value
114
Page 503
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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)
14. ASET TETAP (lanjutan) 14. FIXED ASSETS (continued)
Rincian keuntungan penjualan aset tetap adalah Detail of the gain on sale of fixed assets was as
sebagai berikut: follows:
Tahun berakhir 31 Desember/
Year ended 31 December
2023 2022
Hasil atas penjualan aset tetap 5,877) 5,569) Proceeds from sale of fixed assets
Nilai buku bersih (1,233) (1,959) Net book value
Keuntungan penjualan aset tetap 4,644) 3,610) Gains on sale of fixed assets
Aset hak-guna meliputi transaksi sewa yang The right-of-use assets include the Bank’s lease
dilakukan Bank dimana Bank menyewa bangunan transactions whereby the Bank leases buildings for
untuk ruang kantor. Sewa ruang kantor secara its office. The leases of office space typically run for
umum berlaku untuk periode 3 - 10 tahun. a period of 3 - 10 years. Some leases include an
Beberapa sewa termasuk opsi untuk option to renew the lease for an additional period of
memperbaharui periode sewa dengan tambahan the same duration after the end of the contract term.
durasi yang sama setelah kontrak berakhir. Bank The Bank also leases vehicles and equipment with
juga menyewa kendaraan dan peralatan dengan contract terms of 2 - 5 years, apartments, and
periode kontrak 2 - 5 tahun, apartemen dan rumah employee residences with contract terms of 2 years
dinas dengan periode kontrak 2 tahun, dan and IT equipment and machinery with contract terms
peralatan IT dan mesin dengan periode kontrak of 3 - 5 years.
3 - 5 tahun.
Aset hak-guna juga meliputi transaksi sewa yang The right-of-use assets also include the Subsidiary’s
dilakukan Entitas Anak dimana Entitas Anak lease transactions whereby the Subsidiary
menyewa bangunan untuk ruang kantor. Sewa leases buildings for its office. The leases of
ruang kantor secara umum berlaku untuk periode office space typically run for a period of
3 - 10 tahun. Beberapa sewa termasuk opsi untuk 3 - 10 years. Some leases include an option to renew
memperbaharui periode sewa dengan tambahan the lease for an additional period of the same
durasi yang sama setelah kontrak berakhir. Entitas duration after the end of the contract term. The
Anak juga menyewa kendaraan dan peralatan Subsidiary also leases vehicles and equipment with
dengan periode kontrak 3 - 5 tahun dan peralatan contract terms of 3 - 5 years and IT equipment and
IT dan mesin dengan periode kontrak 3 - 5 tahun. machinery with contract terms of 3 - 5 years.
Aset dalam pembangunan pada tanggal Assets under construction as of 31 December 2023
31 Desember 2023 dan 2022 masing-masing and 2022 amounted to Rp 43,875 and Rp 56,150,
sebesar Rp 43.875 dan Rp 56.150 merupakan respectively, related to buildings that were rented
gedung yang disewa dari pihak ketiga dan masih from third parties but was still in the renovation
dalam tahap renovasi dan perlengkapan kantor progress and office equipments that were still under
yang masih dalam tahap konstruksi. Konstruksi construction. Those constructions are estimated to
tersebut diperkirakan akan selesai pada tahun be completed in 2023 with current percentages of
2023 dengan persentase penyelesaian adalah completion between 45% - 55% as of
antara 45% - 55% pada tanggal 31 Desember 2023 31 December 2023 (31 December 2022: 4% - 96%).
(31 Desember 2022: 4% - 96%).
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 the third party
perusahaan asuransi pihak ketiga (disajikan insurance companies (presented at sum insured):
sebesar nilai pertanggungan):
31 Desember/December
2023 2022
PT Asuransi MSIG Indonesia 1,091,423) 1,067,112) PT Asuransi MSIG Indonesia
PT Zurich General Takaful Indonesia PT Zurich General Takaful Indonesia
(sebelumnya PT Asuransi Adira (before PT Asuransi Adira
Dinamika Syariah) 178,786) 153,391) Dinamika Syariah)
Jumlah 1,270,209) 1,220,503) Total
Nilai buku untuk aset yang diasuransikan pada The book value of the assets insured as of
tanggal 31 Desember 2023 dan 2022 adalah 31 December 2023 and 2022 is Rp 767,559 and
sebesar Rp 767.559 dan Rp 933.949. Rp 933,949.
Grup berpendapat bahwa nilai pertanggungan The Group believes that the insurance coverage is
asuransi cukup untuk menutup kemungkinan adequate to cover possible losses arising from the
kerugian dari aset tetap tersebut. fixed assets.
115
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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)
14. ASET TETAP (lanjutan) 14. FIXED ASSETS (continued)
Pada tanggal 31 Desember 2023 dan 2022, Grup As of 31 December 2023 and 2022, the Group
melakukan peninjauan kembali atas masa manfaat, performed a review on useful life, depreciation
metode penyusutan dan nilai residu aset tetap dan method and residual value of fixed assets and
menyimpulkan bahwa tidak diperlukan perubahan concluded that no change in these method and
atas metode dan asumsi tersebut. assumptions was necessary.
Penyusutan aset tetap untuk tahun-tahun yang The depreciation of fixed assets for the years ended
berakhir pada tanggal 31 Desember 2023 dan 2022 31 December 2023 and 20221 amounting to
masing-masing sebesar Rp 238.251 dan Rp 238,251 and Rp 257,957, was charged to general
Rp 257.957 dibebankan pada beban umum dan and administrative expenses (Note 33).
administrasi (Catatan 33).
Penyusutan aset hak guna untuk tahun-tahun yang The depreciation of right-of-use asset for the years
berakhir pada tanggal 31 Desember 2023 dan 2022 ended 31 December 2023 and 2022 amounting to
masing-masing sebesar Rp 211.586 dan Rp 211,586 and Rp 225,718, respectively, was
Rp 225.718 dibebankan pada beban umum dan charged to general and administrative expenses
administrasi (Catatan 33). (Note 33).
Pada tanggal 31 Desember 2023, aset tetap yang As of 31 December 2023, fixed assets that have been
sudah disusutkan penuh namun masih digunakan fully depreciated but were still in use to support the
untuk menunjang aktivitas operasi Grup adalah Group’s operational activities amounted to
sebesar Rp 1.414.538 (31 Desember 2022: Rp 1,414,538 (31 December 2022: Rp 1,248,960).
Rp 1.248.960).
Manajemen Grup berpendapat bahwa tidak terdapat The Group’s management believes that there was no
indikasi adanya penurunan nilai atas aset tetap pada indication of impairment in the value of fixed assets
tanggal 31 Desember 2023 dan 2022. as of 31 December 2023 and 2022.
Pada tanggal 31 Desember 2023 dan 2022, tidak As of 31 December 2023 and 2022, there was no
terdapat aset tetap yang digunakan sebagai fixed asset pledged as collateral and no limitation on
jaminan dan semua aset tetap tidak dibatasi the ownership of fixed assets.
kepemilikannya.
Revaluasi tanah Revaluation of land
Penilaian atas tanah terakhir dilakukan untuk The valuations of land were last perfomed for period
periode berakhir 30 September 2023 oleh KJPP ended 30 September 2023 by KJPP Susan Widjojo
Susan Widjojo dan Rekan, penilai properti dan Rekan, an external independent property
independen eksternal yang telah terdaftar di OJK, appraiser which are registered with OJK, who fulfills
yang memenuhi kualifikasi profesional dan the professional qualifications and experience in the
berpengalaman di lokasi dan kategori aset yang location and category of the assets being valued, with
dinilai, dengan nomor laporan 00341/2.0068- report number 00341/2.0068-
00/PI/07/0525/1/XII/2023 tanggal 7 Desember 2023. 00/PI/07/0525/1/XII/2023 dated 7 December 2023.
Penilaian dilakukan berdasarkan POJKRI No. Valuations were performed based on POJKRI No.
28/POJK.04/2021 tentang Penilaian dan Penyajian 28/POJK.04/2021 about Valuation and Presentation
Laporan Penilaian Properti di Pasar Modal, serta of Property Valuation Reports in the Capital Market,
Kode Etik Penilai Indonesia dan Standar Penilaian as well as the Indonesian Appraisal Code of Ethics
Indonesia Edisi VII tahun 2018 (KEPI & SPI Edisi and Indonesian Valuation Standards VII Edition 2018
VII-2018). Metode penilaian yang dipakai adalah (KEPI & SPI VII Edition-2018). The valuation method
metode data pasar. Elemen-elemen yang used was market value approach. Elements used in
digunakan dalam perbandingan data untuk data comparison to determine fair value of assets,
menentukan nilai wajar aset antara lain: among others were as follows:
a) Jenis dan hak yang melekat pada properti a) Types and rights attached to the property
b) Karakteristik tanah b) Land characteristics
c) Kondisi pasar c) Market condition
d) Kondisi ekonomi d) Economy condition
e) Letak dan waktu e) Location and time
116
Page 505
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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)
14. ASET TETAP (lanjutan) 14. FIXED ASSETS (continued)
Revaluasi tanah (lanjutan) Revaluation of land (continued)
Nilai wajar ditentukan dengan menggunakan Fair values are determined using the following
hierarki dan input-input yang digunakan dalam hierarchy of input used in the valuation techniques for
teknis penilaian untuk aset non-keuangan: non-financial assets:
- Level 1: Input yang berasal dari harga kuotasian - Level 1: Inputs that are derived from quoted prices
(tanpa penyesuaian) dalam pasar aktif untuk aset (unadjusted) in active markets for identical assets.
yang identik.
- Level 2: Input selain harga kuotasian pasar dalam - Level 2: Inputs other than quoted market price
level 1 yang dapat diobservasi baik secara langsung included in level 1 that are observable either directly
maupun tidak langsung. or indirectly.
- Level 3: Input yang tidak dapat diobservasi. - Level 3: Inputs that are unobservable
Pengukuran nilai wajar diatas dikategorikan sebagai The above fair value measurement has been
nilai wajar Level 2 berdasarkan input-input dalam categorized as Level 2 fair value based on the inputs
teknik penilaian yang digunakan. to the valuation technique used.
Selisih penilaian kembali tanah pada tanggal The differences arising on land of revaluation as of
31 Desember 2023 dicatat sebagai keuntungan 31 December 2023 were recorded as gain on
revaluasi aset tetap dan disajikan pada penghasilan revaluation of fixed assets and presented in other
komprehensif lain sebesar Rp 79.772 comprehensive income amounting to Rp 79,772
(31 Desember 2022: nihil). (31 December 2022: nil).
Jumlah harga perolehan tanah Grup pada tanggal The acquisition cost of the Group’s land as of
31 Desember 2023 dan 2022 masing-masing 31 December 2023 and 2022 amounting to
sebesar Rp 80.254 dan Rp 81.352. Rp 80,254 and Rp 81,352, respectively.
15. ASET TAKBERWUJUD DAN GOODWILL 15. INTANGIBLE ASSETS AND GOODWILL
Tahun berakhir 31 Desember 2023/
Year ended 31 December 2023
Saldo awal/ Saldo akhir/
Beginning Penambahan/ Pengurangan/ Reklasifikasi/ Ending
balance Additions Deductions Reclassification balance
Harga perolehan Cost
Piranti lunak 2,799,890) 63,154) (31,036) 400,006) 3,232,014) Software
Pengembangan piranti lunak 376,931) 273,921) -) (402,827) 248,025) Software development
Goodwill 61,116) -) -) - 61,116) Goodwill
3,237,937) 337,075) (31,036) (2,821) 3,541,155)
Accumulated
Akumulasi amortisasi amortization
Piranti lunak (2,161,199) (316,310) 28,329) (2,591) (2,451,771) Software
Nilai buku bersih 1,076,738) 1,089,384) Net book value
Tahun berakhir 31 Desember 2022/
Year ended 31 December 2022
Saldo awal/ Saldo akhir/
Beginning Penambahan/ Pengurangan/ Reklasifikasi/ Ending
balance Additions Deductions Reclassification balance
Harga perolehan Cost
Piranti lunak 2,439,241) 33,680) -) 326,969) 2,799,890) Software
Pengembangan piranti lunak 346,409) 400,160) (34,299) (335,339) 376,931) Software development
Goodwill 61,116) -) -) -) 61,116) Goodwill
2,846,766) 433,840) (34,299) (8,370) 3,237,937)
Accumulated
Akumulasi amortisasi amortization
Piranti lunak (1,810,085) (351,114) -) -) (2,161,199) Software
1,036,681) 1,076,738)
Nilai buku bersih Net book value
117
Page 506
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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 TAKBERWUJUD DAN GOODWILL 15. INTANGIBLE ASSETS AND GOODWILL
(lanjutan) (continued)
Sisa periode amortisasi untuk piranti lunak adalah The remaining amortization period of software is
1 sampai dengan 8 tahun. 1 to 8 years.
Goodwill merupakan selisih antara nilai perolehan Goodwill represents the difference between the cost
dengan nilai wajar dari aset Entitas Anak yang of acquisition and the fair value of Subsidiary’s assets
diakuisisi pada tahun 2014 dimana Bank acquired in 2014 where the Bank acquired 70% of
mengakuisisi 70% saham PT Bank Sahabat Purba PT Bank Sahabat Purba Danarta’s shares (now
Danarta (sekarang PT BANK BTPN SYARIAH Tbk). PT BANK BTPN SYARIAH Tbk).
Manajemen Grup berpendapat bahwa tidak terdapat The Group’s management believes that there was no
indikasi adanya penurunan nilai aset takberwujud impairment in the value of intangible assets and
dan goodwill pada tanggal 31 Desember 2023 dan goodwill as of 31 December 2023 and 2022.
2022.
Amortisasi aset takberwujud untuk tahun-tahun The amortization of intangible assets for the years
yang berakhir pada tanggal 31 Desember 2023 dan ended 31 December 2023 and 2022 amounted to
2022 masing-masing sebesar Rp 316.310 dan Rp 316,310 and Rp 351,114, respectively, and was
Rp 351.114 dan dibebankan sebagai beban umum charged to general and administrative expenses
dan administrasi (Catatan 33). (Note 33).
16. ASET LAIN-LAIN – BERSIH 16. OTHER ASSETS – NET
31 Desember/December
2023 2022
Term Deposit DHE 250,201) -) DHE Term Deposit
Jaminan kontrak 244,939) 198,481) Security deposits
Transaksi ATM dan transfer 105,978) 102,013) ATM transaction and transfer
Tagihan kredit lainnya 97,385) 68,099) Other credit receivables
Agunan yang diambil alih 91,459) 11,031) Foreclosed collaterals
Wesel ekspor lainnya 35,578) -) Other export bills
Tagihan penyelesaian surat berharga 33,286) 6,471) Receivables from sales of securities
Properti terbengkalai 21,099) -) Abandoned property
Uang muka 14,834) 114,943) Advance payment
Persediaan keperluan kantor 7,176) 10,882) Office supplies
Tagihan kepada asuransi 7,145) 10,134) Receivables from insurance company
Lain-lain 87,886) 16,258) Others
996,966) 538,312)
Dikurangi: Cadangan kerugian penurunan
nilai (105,572) (52,507) Less: Allowance for impairment losses
891,394) 485,805)
Term Deposit DHE adalah instrumen untuk DHE Term Deposit is an instrument to facilitate the
memfasilitasi penempatan Dana Hasil Ekspor placement of Dana Hasil Ekspor (DHE) by exporters
(DHE) oleh eksportir di Bank Indonesia, dengan at Bank Indonesia, with a pass-on mechanism for
mekanisme pass on transaksi bank dengan bank transactions with customers (exporters) to Bank
nasabah (eksportir) kepada Bank Indonesia. Bank Indonesia. The Bank records DHE Term Deposit in
mencatat Term Deposit DHE tersebut pada akun the other assets account and liabilities to customers
aset lain-lain dan kewajiban kepada nasabah (exporters) in the other liabilities account with same
(eksportir) pada akun liabilitas amount.
lain-lain dengan nilai yang sama.
Jaminan kontrak merupakan pembayaran atas uang Security deposits represent security deposits
jaminan sewa gedung, sewa IT dan setoran jaminan payment on building rent, IT rent and switching agent
lembaga switching untuk transaksi real time transfer. pre-fund deposits for real time transfer transactions.
Transaksi ATM dan transfer terdiri dari piutang atas ATM transaction and transfer consists of receivables
transaksi ATM dan transfer antar bank yang akan from ATM transaction and transfer from other banks
diselesaikan pada hari kerja berikutnya. that will be settled on the following working day.
Tagihan kredit lainnya terdiri dari tagihan bunga Other credit receivables consist of overdue interest
yang masih tertunggak dari debitur sebelum receivables from debtors prior to restructuring and
restrukturisasi dan penalti keterlambatan bayar penalty for late payments of loans.
untuk pinjaman yang diberikan.
118
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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)
16. ASET LAIN-LAIN – BERSIH (lanjutan) 16. OTHER ASSETS – NET (continued)
Wesel ekspor lainnya adalah tagihan yang timbul Other export bills are receivables from negotiation of
dari negosiasi dokumen wesel ekspor dalam export bills in usance L/C transactions which have not
transaksi usance L/C yang belum diakseptasi. been accepted.
Tagihan penyelesaian surat berharga merupakan Receivables from sales of securities represent
tagihan yang akan diterima dari pihak ketiga atas receivables from third parties for sales of securities
penjualan surat berharga yang belum diselesaikan which have not been settled at the end of the day.
pada akhir hari.
Uang muka merupakan uang muka pembelian Advance payment consists of advances for purchace
inventaris, beban perjalanan dinas dan uang muka on office supplies, business trip allowances and other
operasional lainnya. operational advances.
Persediaan keperluan kantor merupakan Office supplies represent supply of application forms,
persediaan atas formulir aplikasi, materai, kartu stamps, ATM cards and cheques.
ATM dan cek.
Tagihan kepada asuransi adalah klaim kepada pihak Receivables from insurance companies are the claim
asuransi atas uang pesangon karyawan dan klaim to the insurance companies on employees’
pengembalian premi nasabah kredit pensiun. severance pay and premium refund claim for pension
loan’s debtors.
Lain-lain terdiri dari berbagai macam tagihan dari Others mainly consist of various receivables from
transaksi kepada pihak ketiga. transactions with third parties.
Cadangan kerugian penurunan nilai aset lain-lain Allowance for impairment losses for other assets as
pada tanggal 31 Desember 2023 dan 2022 dibentuk of 31 December 2023 and 2022 was made mainly
sebagian besar untuk tagihan kredit lainnya. made for other credit receivables. The movement of
Perubahan dalam cadangan kerugian penurunan the allowance for impairment losses for other assets
nilai aset lain-lain adalah sebagai berikut: was as follows:
Tahun berakhir 31 Desember/
Year ended 31 December
2023 2022
Saldo awal (52,507) (722) Beginning balance
Penyisihan selama Provision during
tahun berjalan (Catatan 34) (53,065) (52,313) the year (Note 34)
Lain-lain -) 528) Others
Saldo akhir (105,572) (52,507) Ending balance
Manajemen berpendapat bahwa cadangan yang Management believes that the allowance for losses
dibentuk cukup untuk menutup kemungkinan was adequate to cover impairment losses on other
kerugian akibat penurunan nilai aset lain-lain pada assets as of 31 December 2023 and 2022.
tanggal 31 Desember 2023 dan 2022.
119
Page 508
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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)
17. LIABILITAS SEGERA 17. OBLIGATIONS DUE IMMEDIATELY
Seluruh liabilitas segera dengan pihak ketiga. All obligations due immediately were to third parties.
31 Desember/December
2023 2022
Rupiah: Rupiah:
Titipan transaksi surat berharga 19,844) 2,672) Unsettled securities transaction
Hutang kepada pihak ketiga 16,336) 31,153) Payables to third parties
Kewajiban penutupan tabungan 14,253) -) Saving deposit closing obligation
Titipan bagi hasil deposito 3,943) 2,887) Unsettled profit-sharing of time deposits
Titipan uang notaris 1,296) 1,898) Unsettled notary transactions
Kiriman uang yang belum diselesaikan 580) 8,908) Unsettled remittance transactions
Titipan uang pensiun 905) 797) Unsettled pension funds
Lain-lain 9,878) 4,696) Others
67,035) 53,011)
Mata uang asing: Other currencies:
Titipan transaksi surat berharga 4,565) -) Unsettled securities transaction
Kewajiban penutupan tabungan 6) -) Saving deposit closing obligation
Kiriman uang yang belum diselesaikan -) 6,034) Unsettled remittance transactions
71,606) 59,045)
Titipan transaksi surat berharga merupakan Unsettled securities transaction represent the
tampungan atas uang penjualan surat berharga payment of securities that have not been settled.
yang belum diselesaikan.
Titipan uang pensiun merupakan tampungan uang Unsettled pension funds represent the customer’s
pembayaran pensiun nasabah yang akan retirement payments that will be paid to the
dibayarkan ke rekening nasabah. customer’s bank account.
18. SIMPANAN NASABAH 18. DEPOSITS FROM CUSTOMERS
31 Desember/December
2023 2022
Pihak ketiga: Third parties:
- Giro 26,578,680) 23,708,094) Current accounts -
- Tabungan 16,580,693) 15,572,990) Savings deposits -
- Deposito berjangka 40,975,031) 64,560,849) Time deposit -
- Deposito on call 13,659,076) 100,470) Deposits on call -
97,793,480) 103,942,403)
Pihak berelasi: Related parties:
- Giro 50,003) 57,708) Current accounts -
- Tabungan 88,170) 59,543) Savings deposits -
- Deposito berjangka 106,953) 963,633) Time deposits -
- Deposito on call 239,150) -) Deposits on call -
484,276) 1,080,884)
98,277,756) 105,023,287)
Beban bunga yang masih harus dibayar 179,647) 145,624) Accrued interest expenses
98,457,403) 105,168,911)
Berdasarkan mata uang: By currency:
31 Desember/December
2023 2022
Simpanan nasabah: Deposits from customers:
Rupiah 75,476,253) 82,507,890) Rupiah
Dolar Amerika Serikat 19,815,371) 20,798,083) United States Dollar
Yen Jepang 2,564,810) 1,353,262) Japanese Yen
Mata uang asing lainnya 421,322) 364,052) Other foreign currencies
98,277,756) 105,023,287)
Beban bunga yang masih harus dibayar 179,647) 145,624) Accrued interest expenses
98,457,403) 105,168,911)
120
Page 509
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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)
a. Giro a. Current accounts
Berdasarkan mata uang: By currency:
31 Desember/December
2023 2022
Rupiah 15,846,676) 12,273,465) Rupiah
Dolar Amerika Serikat 8,735,833) 10,174,982) United States Dollar
Yen Jepang 1,928,682) 1,144,277) Japanese Yen
Mata uang asing lainnya 117,492) 173,078) Other foreign currencies
26,628,683) 23,765,802)
Beban bunga yang masih harus
dibayar 5,960) 1,489) Accrued interest expenses
26,634,643) 23,767,291)
Giro Wadiah yang dikelola oleh Entitas Anak masing- Wadiah current account managed by Subsidiary
masing sebesar Rp 24.009 dan Rp 27.645 pada amounted to Rp 24,009 and Rp 27,645 as of
tanggal 31 Desember 2023 dan 2022. 31 December 2023 and 2022, respectively.
Tingkat suku bunga rata-rata giro per tahun: The average interest rate per annum for current
accounts:
Tahun berakhir 31 Desember/
Year ended 31 December
2023 2022
Rupiah 1.64%) 1.64%) Rupiah
Mata uang asing 1.85%) 0.40%) Foreign currencies
Saldo giro yang diblokir masing-masing Total current accounts which were blocked
sebesar Rp 329.041 dan Rp 129.432 pada amounted to Rp 329,041 and Rp 129,432 as of
tanggal 31 Desember 2023 dan 2022. 31 December 2023 and 2022, respectively. The
Pemblokiran giro sebagian besar dikarenakan blocking of current accounts is mainly because
giro tersebut diperuntukkan sebagai akun the current accounts are designated as escrow
tampungan untuk cicilan pinjaman yang accounts for loan installments and as collaterals
diberikan dan sebagai agunan pinjaman yang for loans.
diberikan.
b. Tabungan b. Saving deposits
Berdasarkan jenis: By type:
31 Desember/December
2023 2022
Tabungan “Jenius” 11,414,116) 9,750,254) “Jenius” Savings
Tabungan “Citra Pensiun” 2,155,288) 2,174,755) “Citra Pensiun” Savings
Tabungan “Tepat Tabungan “Tepat Tabungan Kelompok Syariah”
Kelompok Syariah” 2,140,799) 2,109,497) Savings
Tabungan “Se To” 738,244) 1,274,056) “Se To” Savings
Tabungan “Pasti” 154,263) 197,149) “Pasti” Savings
Tabungan “Tepat Tabungan” 57,010) 50,451) “Tepat Tabungan” Savings
Tabungan “Wadiah WOW iB” -) 17,540) “Wadiah WOW iB” Savings
Lain-lain 9,143) 58,831) Others
16,668,863) 15,632,533)
Beban bunga yang masih harus
dibayar 1,499) 1,659) Accrued interest expenses
16,670,362) 15,634,192)
121
Page 510
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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)
b. Tabungan (lanjutan) b. Saving deposits (continued)
Berdasarkan mata uang: By currency:
31 Desember/December
2023 2022
Simpanan nasabah Deposits from customers
Rupiah 15,660,285) 14,946,057) Rupiah
Dolar Amerikat Serikat 543,438) 344,625) United States Dollar
Yen Jepang 215,605) 150,877) Japanese Yen
Mata uang asing lainnya 249,535) 190,974) Other foreign currencies
16,668,863) 15,632,533)
Beban bunga yang masih harus
dibayar 1,499) 1,659) Accrued interest expenses
16,670,362) 15,634,192)
Tingkat suku bunga rata-rata tabungan per Average interest rate per annum for saving
tahun: deposits:
Tahun berakhir 31 Desember/
Year ended 31 December
2023 2022
Rupiah 1.86%) 1.60%) Rupiah
Mata uang asing 1.34%) 0.17%) Foreign currencies
Saldo tabungan yang diblokir pada tanggal Total saving deposits which were blocked as of
31 Desember 2023 dan 2022 masing-masing 31 December 2023 and 2022 amounted to
sebesar Rp 4.384.408 dan Rp 3.989.159. Rp 4,384,408 and Rp 3,989,159, respectively.
Pemblokiran tabungan sebagian besar The blocking of saving accounts is mainly
dikarenakan tabungan tersebut diperuntukkan because the saving accounts are designated as
sebagai dana nasabah yang tidak dapat ditarik customer funds that cannot be withdrawn until the
hingga tanggal jatuh tempo yang telah specified maturity date.
ditentukan.
c. Deposito berjangka c. Time deposits
Berdasarkan mata uang: By currency:
31 Desember/December
2023 2022
Deposito berjangka Time Deposits
Rupiah 35,300,062) 55,187,898) Rupiah
Dolar Amerika Serikat 5,673,926) 10,278,476) United States Dollar
Dolar Singapura 54,295) -) Singapore dollar
Yen Jepang 53,701) 58,108) Japanese Yen
41,081,984) 65,524,482)
Beban bunga yang masih harus
dibayar 143,663) 142,423) Accrued interest expenses
41,225,647) 65,666,905)
122
Page 511
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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)
c. Deposito berjangka (lanjutan) c. Time deposits (continued)
Berdasarkan jangka waktu: By time period:
31 Desember/December
2023 2022
Hingga 1 bulan 24,720,307) 50,280,859) Up to 1 month
Lebih dari 1 - 3 bulan 11,175,601) 11,510,339) More than 1 - 3 months
Lebih dari 3 - 6 bulan 2,601,838) 2,153,881) More than 3 - 6 months
Lebih dari 6 - 12 bulan 2,570,983) 1,557,581) More than 6 - 12 months
Lebih dari 1 tahun 13,255) 21,822) More than 1 year
41,081,984) 65,524,482)
Beban bunga yang masih harus
dibayar 143,663) 142,423) Accrued interest expenses
41,225,647) 65,666,905)
Berdasarkan tingkat suku bunga: By interest rate:
31 Desember/December
2023 2022
Hingga 3% 679,070) 5,874,336) Up to 3%
Lebih dari 3 - 5% 25,049,460) 53,118,373) More than 3 - 5%
Lebih dari 5 - 7% 15,353,454) 6,531,773) More than 5 - 7%
41,081,984) 65,524,482)
Beban bunga yang masih harus
dibayar 143,663) 142,423) Accrued interest expenses
41,225,647) 65,666,905)
Tingkat suku bunga rata-rata per tahun untuk Average interest rate per annum for time
deposito: deposits:
Tahun berakhir 31 Desember/
Year ended 31 December
2023 2022
Rupiah 4.78%) 3.31%) Rupiah
Mata uang asing 4.03%) 1.73%) Foreign currencies
Saldo deposito berjangka yang diblokir atau Total time deposits blocked or pledged for
dijadikan jaminan kredit pada tanggal collaterals of loans as of 31 December 2023 and
31 Desember 2023 dan 2022, masing-masing 2022 amounted to Rp 265,002 and Rp 377,514,
sebesar Rp 265.002 dan Rp 377.514. respectively. The blocking of time deposits is
Pemblokiran deposito berjangka sebagian mainly because the time deposits are designated
besar dikarenakan deposito berjangka tersebut as collateral for loans and escrow accounts for
diperuntukkan sebagai agunan pinjaman yang loan installments.
diberikan dan sebagai akun tampungan untuk
cicilan pinjaman yang diberikan.
Informasi mengenai sisa periode sampai Information regarding remaining period to
dengan tanggal jatuh tempo diungkapkan pada maturity date was disclosed in Note 41.
Catatan 41.
123
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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)
d. Deposito on call d. Deposits on call
Berdasarkan mata uang: By currency:
31 Desember/December
2023 2022
Deposito on call Deposits on call
Rupiah 8,669,230) 100,470) Rupiah
Dolar Amerika Serikat 4,862,174) -) United States Dollar
Yen Jepang 366,822) -) Japanese Yen
13,898,226) 100,470)
Beban bunga yang masih harus
dibayar 28,525) 53) Accrued interest expenses
13,926,751) 100,523)
Tingkat suku bunga rata-rata per tahun untuk Average interest rate per annum for deposits on call:
deposito on call:
Tahun berakhir 31 Desember/
Year ended 31 December
2023 2022
Rupiah 4.59% 2.06% Rupiah
Mata uang asing 4.33% - Foreign currencies
19. SIMPANAN DARI BANK-BANK LAIN 19. DEPOSITS FROM OTHER BANKS
31 Desember/December
2023 2022
Pihak ketiga 1,253,579 18,779 Third parties
Pihak berelasi 9,561,059 147,352 Related parties
10,814,638 166,131
Beban bunga yang masih harus
dibayar 7,483 - Accrued interest expenses
10,822,121 166,131
a. Berdasarkan jenis: a. By type:
31 Desember/December
2023 2022
Call money 10,463,200 - Call money
Giro 349,438 164,131 Current accounts
Deposito berjangka 2,000 2,000 Time deposits
10,814,638 166,131
Beban bunga yang masih harus
dibayar 7,483 - Accrued interest expenses
10,822,121 166,131
Tidak ada saldo simpanan dari bank-bank lain There were no deposits from other banks which
yang diblokir atau dijadikan jaminan pada were blocked or pledged as of
tanggal 31 Desember 2023 dan 2022. 31 December 2023 and 2022.
124
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. SIMPANAN DARI BANK-BANK LAIN (lanjutan) 19. DEPOSITS FROM OTHER BANKS (continued)
b. Berdasarkan mata uang: b. By currency:
31 Desember/December
2023 2022
Rupiah 1,576,438) 166,131 Rupiah
Dolar Amerika Serikat 9,238,200) - United States Dollar
10,814,638) 166,131
Beban bunga yang masih harus
dibayar 7,483) - Accrued interest expenses
10,822,121) 166,131
c. Tingkat suku bunga rata-rata per tahun: c. Average interest rate per annum:
Tahun berakhir 31 Desember/
Year ended 31 December
2023 2022
Rupiah Rupiah
Call money 6.17%) 4.35% Call money
Deposito berjangka 2.44%) 1.90% Time deposits
Giro 0.00%) 0.06% Current accounts
Dolar Amerika Serikat United States Dollar
Call money 6.03%) 1.20% Call money
d. Jangka waktu: d. Time period:
31 Desember/December
2023 2022
Sesuai permintaan 349,438) 164,131) On demand
Hingga 1 bulan 8,592,545) -) Up to 1 month
Lebih dari 1 - 3 bulan 1,872,655) 2,000) More than 1 - 3 months
10,814,638) 166,131)
Beban bunga yang masih harus
dibayar 7,483) -) Accrued interest expenses
10,822,121) 166,131)
Informasi mengenai sisa periode sampai Information regarding remaining period to
dengan tanggal jatuh tempo diungkapkan pada maturity date was disclosed in Note 41.
Catatan 41.
125
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. EFEK-EFEK YANG DITERBITKAN 20. SECURITIES ISSUED
Utang obligasi Bonds payable
Peringkat/ 31 Desember/December
Rating*) 2023 2022
Nilai nominal: Nominal value:
- Obligasi Berkelanjutan IV Continuing Bonds IV -
Tahap I AAA(idn) 201,000) 201,000) Phase I
Dikurangi: Less:
Biaya emisi yang belum Unamortized bonds
diamortisasi (431) (866) issuance costs
200,569) 200,134)
Ditambah: Add:
Beban bunga yang masih
harus dibayar 1,514) 1,514) Accrued interest expenses
202,083) 201,648)
Utang obligasi sesuai Bonds payable based on
dengan jangka waktunya: time period:
Lebih dari 3 tahun 201,000) 201,000) More than 3 years
201,000) 201,000)
*) Berdasarkan peringkat dari PT Fitch Ratings Indonesia *) Based on rating by PT Fitch Ratings Indonesia
Informasi lain mengenai utang obligasi pada tanggal Other information relating to bonds payable as of
31 Desember 2023 dan 2022 adalah sebagai 31 December 2023 and 2022 was as follows:
berikut:
Tingkat bunga
Nilai tetap/ Tanggal
nominal/ Fixed penerbitan/ Cicilan pokok obligasi/
Seri/ Nominal interest Date of Jatuh tempo/ Bonds principal
Series value rate issuance Due date installment
Obligasi Berkelanjutan IV Tahap I/Continuing Bonds IV Phase I:
Seri/ 799,000 7.55% 27 November/ 26 November/ Pembayaran penuh pada
Series A November November saat jatuh tempo/Bullet
2019 2022 payment on due date
Seri/ 201,000 7.75% 27 November/ 26 November/ Pembayaran penuh pada
Series B November November saat jatuh tempo/Bullet
2019 2024 payment on due date
Pembayaran bunga obligasi dilakukan setiap Bonds interests are paid every 3 months and bonds
3 bulan dan pembayaran pokok dilakukan pada saat principals are paid on the maturity date. The Bank
jatuh tempo. Bank telah melakukan pembayaran has paid the bonds principal and interest based on
pokok dan bunga obligasi sesuai dengan jadwal. the schedule.
Perjanjian perwaliamanatan mengatur beberapa The trustee agreements provide several negative
pembatasan yang harus dipenuhi oleh Bank, antara covenants to the Bank, among others, not issuing
lain tidak menerbitkan obligasi lain atau instrumen another bonds or other similar debt instrument with
utang lain yang sejenis yang mempunyai hak tagih higher collecting right as compared to Continuing
yang lebih tinggi dari Obligasi Berkelanjutan IV Bonds IV Phase I and collateralized with asset,
Tahap I serta yang dijamin dengan aset, kecuali except loans and facilities from bilateral interbank
pinjaman dan fasilitas dari pinjaman bilateral loan and bilateral facilities from Bank Indonesia
interbank dan fasilitas bilateral dengan Bank which are secured with assets in the amount of 20%
Indonesia yang dijamin dengan aset dalam jumlah from assets which are calculated from the last
20% dari aset yang dihitung dari laporan keuangan audited financial statements.
yang terakhir yang telah diaudit.
Bank berkewajiban menjaga jumlah aset yang tidak The Bank should keep the total assets that have not
diagunkan secara khusus minimal sebesar 125% been specifically pledged at the minimum 125% from
dari total obligasi yang diterbitkan termasuk pokok total issued bonds including bonds principal. The
obligasi. Bank telah memenuhi batasan-batasan Bank has complied with the covenants on the trustee
yang diwajibkan dalam perjanjian tersebut. agreement.
Beban bunga atas utang obligasi untuk tahun-tahun The interest expenses of bonds payable for for the
yang berakhir pada tanggal 31 Desember 2023 dan years ended 31 December 2023 and 2022
2022 masing-masing sebesar Rp 16.013 dan amounted to Rp 16,013 and Rp 73,082, respectively
Rp 73.082 (Catatan 30). (Note 30).
126
Page 515
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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)
21. PINJAMAN YANG DITERIMA 21. BORROWINGS
Pinjaman yang diterima terdiri dari pinjaman bank Borrowings consists of bank borrowings and non-
dan pinjaman bukan bank yang dilakukan dengan bank borrowings with related parties and third parties.
pihak berelasi dan pihak ketiga.
31 Desember/ December
2023 2022
Pihak ketiga Third parties:
Pinjaman bank: Bank borrowings:
PT Bank Central Asia Tbk 6,000,000) 4,500,000) PT Bank Central Asia Tbk
PT Bank UOB Indonesia -) 1,000,000) PT Bank UOB Indonesia
PT Bank Maybank Indonesia Tbk -) 100,000) PT Bank Maybank Indonesia Tbk
6,000,000) 5,600,000)
Pinjaman bukan bank: Non-bank borrowings:
International Finance Corporation 6,682,950) 2,063,850) International Finance Corporation
12,682,950) 7,663,850)
Pihak berelasi Related party:
Pinjaman bank: Bank borrowings:
Sumitomo Mitsui Banking Sumitomo Mitsui Banking
Corporation 18,569,798) 37,257,744) Corporation
31,252,748) 44,921,594)
Dikurangi: Less:
Biaya transaksi yang belum
diamortisasi (48,251) (9,988) Unamortized transaction costs
Ditambah: Add:
Beban bunga yang masih harus
dibayar 151,020) 155,802) Accrued interest expenses
31,355,517) 45,067,408)
a. Pinjaman bank a. Bank borrowings
Jumlah pokok pinjaman berdasarkan jangka Borrowing principals amount based on time
waktu: period:
31 Desember/ December
2023 2022
Hingga 1 tahun -) 1,000,000 Up to 1 year
Lebih dari 1 - 2 tahun 16,392,975) 4,600,000 More than 1 - 2 years
Lebih dari 2 – 3 tahun 170,383) 8,017,262 More than 2 - 3 years
Lebih dari 3 tahun 8,006,440) 29,240,482 More than 3 years
24,569,798) 42,857,744
Ditambah: Add:
Beban bunga yang masih harus
dibayar 52,745) 107,801 Accrued interest expenses
24,622,543) 42,965,545
Pinjaman Bilateral PT Bank Central Asia Tbk Bilateral Borrowing with PT Bank Central
Asia Tbk
Bank memiliki 5 fasilitas Pinjaman Bilateral dari The Bank had 5 Bilateral Borrowing facilities
PT Bank Central Asia Tbk yang ditandatangani from PT Bank Central Asia Tbk which were
pada rentang waktu tahun 2009 hingga 2022, signed during 2009 to 2022, with total facilities
dengan total fasilitas sebesar Rp 6.000.000, amounted to Rp 6,000,000, with details as
dengan detil sebagai berikut: follows:
a) Perjanjian pinjaman revolving Term Loan I a) The facility agreement of revolving Term
sebesar Rp 500.000 yang ditandatangani Loan I amounting to Rp 500,000 was signed
pada tanggal 15 Mei 2009 dan telah on 15 May 2009 and had been extended
diperpanjang beberapa kali dengan several times with the latest extension was
perpanjangan terakhir kali ditandatangani signed on 12 May 2022.
pada tanggal 12 Mei 2022.
127
Page 516
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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)
21. PINJAMAN YANG DITERIMA (lanjutan) 21. BORROWINGS (continued)
a. Pinjaman bank (lanjutan) a. Bank borrowings (continued)
Pinjaman Bilateral PT Bank Central Asia Tbk Bilateral Borrowing with PT Bank Central
(lanjutan) Asia Tbk (continued)
a) Berdasarkan perjanjian fasilitas, batas a) Based on the facility agreement, the
waktu penggunaan fasilitas kredit adalah availability period will be ended within
sampai dengan 18 (delapan belas) bulan 18 (eighteen) months from the date of
dari tanggal perjanjian kredit. agreement.
Fasilitas harus ditarik dalam 18 (delapan The facility should be fully drawndown within
belas) bulan sejak tanggal perjanjian 18 (eighteen) months from the date of
kredit. Periode bunga adalah setiap agreement. The interest period is
3 (tiga) bulan berdasarkan suku bunga 3 (three) months based on JIBOR interest
JIBOR, dengan pembayaran bunga rate and the interest will be paid every due
dilakukan setiap tanggal jatuh tempo. Suku date. The interest rate for this facility is
bunga terhadap pinjaman ini adalah JIBOR JIBOR + 0.40% shall be calculated from
+ 0,40% berlaku terhitung sejak tanggal 13 May 2022 until the final maturity date.
13 Mei 2022 hingga tanggal jatuh tempo
terakhir.
Pada tanggal 28 Desember 2023, Bank On 28 December 2023, the Bank made a
melakukan penarikan sebesar Rp 500.000, withdrawal of Rp 500,000, with a maturity
dengan jatuh tempo pada 13 Mei 2025. date on 13 May 2025.
b) Perjanjian pinjaman Revolving Term Loan b) The facility agreement of Revolving Term
III sebesar Rp 1.000.000 yang Loan III amounting to Rp 1,000,000 was
ditandatangani pada tanggal 1 April 2015 signed on 1 April 2015 and had been
dan telah diperpanjang beberapa extended several times with the latest
kali dengan perpanjangan terakhir extension was signed on
kali ditandatangani pada tanggal 27 September 2023.
27 September 2023.
Berdasarkan perjanjian fasilitas, batas Based on the facility agreement, the
waktu penggunaan fasilitas kredit adalah availability period will be ended within
sampai dengan 6 (enam) bulan dari 6 (six) month of the date of agreement.
tanggal perjanjian kredit.
Jangka waktu pinjaman adalah The facility should be fully drawndown within
18 (delapan belas) bulan sejak tanggal 18 (eighteen) months from the date of
Perjanjian Kredit. Periode bunga adalah agreement. The interest period is
setiap 3 (tiga) bulan berdasarkan suku 3 (three) months based on JIBOR interest
bunga JIBOR, dengan pembayaran bunga rate and the interest will be paid of every due
dilakukan setiap tanggal jatuh tempo. Suku date. The interest rate for this facility is
bunga terhadap pinjaman ini adalah JIBOR JIBOR + 0.40% and calculated from
+ 0,40% terhitung sejak tanggal 1 Oktober 1 October 2023 until the Final Maturity Date.
2023 hingga tanggal jatuh tempo terakhir.
Pada tanggal 25 April 2022, Bank On 25 April 2022, The Bank made a
melakukan penarikan sebesar withdrawal of Rp 1,000,000. The loan has
Rp 1.000.000. Pinjaman ini telah dilunasi been repaid on 29 September 2023.
pada tanggal 29 September 2023.
Pada tanggal 22 Desember 2023, Bank On 22 December 2023, the Bank made an
melakukan penarikan kembali atas fasilitas another withdrawal amounted
ini sebesar Rp 1.000.000, dengan jatuh Rp 1,000,000, with a maturity date on 1 April
tempo pada 1 April 2025. 2025.
128
Page 517
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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)
21. PINJAMAN YANG DITERIMA (lanjutan) 21. BORROWINGS (continued)
a. Pinjaman bank (lanjutan) a. Bank borrowings (continued)
Pinjaman Bilateral PT Bank Central Asia Tbk Bilateral Borrowing with PT Bank Central
(lanjutan) Asia Tbk (continued)
c) Perjanjian pinjaman Non-revolving Term c) The facility agreement of Non-revolving
Loan IV sebesar Rp 1.000.000 Term Loan IV amounting Rp 1,000,000 was
ditandatangani pada tanggal signed on 10 June 2015 and had been
10 Juni 2015 dan telah diperpanjang extended several times with the latest
beberapa kali dengan perpanjangan extension was signed on 24 May 2023.
terakhir kali ditandatangani pada tanggal
24 Mei 2023.
Berdasarkan perjanjian fasilitas terakhir, Based on the latest facility agreement, the
batas waktu penggunaan fasilitas kredit availability period will be ended within
adalah sampai dengan 1 (satu) bulan dari 1 (one) month from the date of agreement.
tanggal perjanjian kredit. Suku bunga The interest rate for this facility is JIBOR +
terhadap pinjaman ini adalah JIBOR + 0.4%.
0,4%.
Pada tanggal 28 Desember 2023, Bank On 28 December 2023, the Bank made an
melakukan penarikan kembali atas fasilitas another withdrawal on this facility amounted
ini sebesar Rp 1.000.000, dengan jatuh Rp 1,000,000, with a maturity date on
tempo pada 24 November 2024. 24 November 2024.
d) Perjanjian pinjaman Non-revolving Term d) The facility agreement of Non-revolving
Loan II sebesar Rp 2.500.000 Term Loan II amounting Rp 2,500,000 was
ditandatangani pada tanggal 29 April 2020 signed on 29 April 2020 and had been
dan telah diperpanjang dengan amended with the latest amendment signed
perpanjangan terakhir kali ditandatangani on 4 May 2023.
pada tanggal 4 Mei 2023.
Berdasarkan perjanjian fasilitas, batas Based on the facility agreement, the
waktu penggunaan fasilitas kredit adalah availability period will be ended within
sampai dengan 6 (enam) bulan dari 6 (six) months from the date of agreement.
tanggal perjanjian kredit.
Periode bunga adalah setiap 3 (tiga) bulan, The interest period is 3 (three) months and
dengan pembayaran bunga dilakukan the interest will be paid every due date. The
setiap tanggal jatuh tempo. Suku bunga interest rate for this facility is JIBOR + 0.4%.
terhadap pinjaman ini adalah
JIBOR + 0,4%.
Pada tanggal 4 Mei 2022, Bank melakukan On 4 May 2022, the Bank made a
penarikan sebesar Rp 2.500.000, dengan withdrawal of Rp 2,500,000, with a maturity
jatuh tempo pada 4 November 2024. date on 4 November 2024.
e) Perjanjian pinjaman Revolving Term Loan e) The facility agreement of Revolving Term
VI sebesar Rp 1.000.000 ditandatangani Loan VI amounting Rp 1,000,000 was
pada tanggal 29 November 2022. signed on 29 November 2022.
Berdasarkan perjanjian fasilitas, batas Based on the facility agreement, the
waktu penggunaan fasilitas kredit adalah availability period will be ended within
sampai dengan 6 (enam) bulan dari 6 (six) months from the date of agreement.
tanggal perjanjian kredit.
Jangka waktu pinjaman adalah The facility should be fully drawndown within
18 (delapan belas) bulan sejak tanggal 18 (eighteen) months from the date of
Perjanjian Kredit. agreement.
129
Page 518
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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)
21. PINJAMAN YANG DITERIMA (lanjutan) 21. BORROWINGS (continued)
b. Pinjaman bank (lanjutan) b. Bank borrowings (continued)
Pinjaman Bilateral PT Bank Central Asia Tbk Bilateral Borrowing with PT Bank Central
(lanjutan) Asia Tbk (continued)
e) Periode bunga adalah setiap 3 (tiga) bulan, e) The interest period is 3 (three) months and
dengan pembayaran bunga dilakukan the interest will be paid every due date. The
setiap tanggal jatuh tempo. Suku bunga interest rate for this facility is JIBOR + 0.4%.
terhadap pinjaman ini adalah
JIBOR + 0,4%.
Pada tanggal 29 Mei 2023, Bank On 29 May 2023, the Bank made a
melakukan penarikan sebesar withdrawal of Rp 1,000,000, with a maturity
Rp 1.000.000, dengan jatuh tempo pada 29 date on 29 May 2024.
Mei 2024.
Pada tanggal 31 Desember 2023, Bank telah As of 31 December 2023, the Bank has utilized
menggunakan seluruh fasilitas yang ada. Pada all borrowing facility. As of 31 December 2022,
tanggal 31 Desember 2022, total fasilitas total unused facility from PT Bank Central Asia
PT Bank Central Asia Tbk yang belum Tbk amounted to Rp 1,500,000.
digunakan adalah sebesar Rp 1.500.000.
Pada tanggal 31 Desember 2023 dan 2022, As of 31 December 2023 and 2022, based on the
tidak terdapat pembatasan-pembatasan agreement there was no certain covenant which
tertentu yang dipersyaratkan. was required to be maintained.
Pinjaman Bilateral PT Bank UOB Indonesia Bilateral Borrowing with PT Bank UOB
Indonesia
Pada tanggal 18 Agustus 2021, Bank telah On 18 August 2021, the Bank signed Committed
menandatangani perjanjian fasilitas kredit - term loan facility agreement amounting to
committed term loan sebesar Rp 1.000.000 Rp 1,000,000 with PT Bank UOB Indonesia as
dengan PT Bank UOB Indonesia sebagai the creditor. The purpose of the borrowing is for
kreditur. Tujuan pinjaman adalah untuk modal the Bank’s working capital.
kerja Bank.
Berdasarkan perjanjian fasilitas, batas waktu Based on the facility agreement, the availability
penarikan fasilitas kredit adalah sampai dengan period will be ended on the 6 (sixth) month from
6 (enam) bulan dari tanggal perjanjian kredit. the date of agreement.
Fasilitas kredit harus ditarik sepenuhnya dalam The facility should be fully drawndown within the
batas waktu penarikan dengan ketentuan availability period with minimum drawdown
jumlah minimum penarikan adalah Rp 500.000 amount is Rp 500,000 or any remaining undrawn
atau sebesar jumlah fasilitas kredit yang belum amount.
ditarik.
Pinjaman harus dibayar kembali dalam jangka The borrowing should be repaid within
waktu 12 (dua belas) bulan sejak tanggal 12 (twelve) months after the date of borrowings
perjanjian pinjaman. Periode bunga adalah agreement. Interest period is 3 (three) months
setiap 3 (tiga) bulan berdasarkan suku bunga based on the benchmark interest rate of
acuan 3 bulan + 0,25%, dengan pembayaran 3 months + 0.25%, with interest payments are
bunga dilakukan setiap tanggal jatuh tempo. made at each maturity date.
130
Page 519
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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)
21. PINJAMAN YANG DITERIMA (lanjutan) 21. BORROWINGS (continued)
a. Pinjaman bank (lanjutan) a. Bank borrowings (continued)
Pinjaman Bilateral PT Bank UOB Indonesia Bilateral Borrowing with PT Bank UOB
(lanjutan) Indonesia (continued)
Pada tanggal 25 Februari 2022, Bank On 25 February 2022, the Bank drawndown this
melakukan penarikan sebesar Rp 1.000.000. loan at amount of Rp 1,000,000. The facility has
Perjanjian ini telah berakhir dan dilunasi pada been expired and repaid on 25 August 2022.
tanggal 25 Agustus 2022.
Pada tanggal 23 September 2022, Bank telah On 23 September 2022, the Bank signed
menandatangani perjanjian fasilitas kredit – Committed term loan facility agreement
committed term loan sebesar Rp 1.000.000 amounting to Rp 1,000,000 with PT Bank UOB
dengan PT Bank UOB Indonesia Indonesia.
Berdasarkan perjanjian fasilitas, jangka waktu Based on the facility agreement, The facility
fasilitas 12 (dua belas) bulan terhitung sejak should be fully drawndown within 12 (twelve)
tanggal fasilitas. Tanggal fasilitas adalah months from the date of facility. The facility date
tanggal dimana dilakukan penarikan untuk is the date on which a withdrawal is made for the
pertama kali atau 5 (lima) Hari Kerja setelah first time or 5 (five) Business Days after the date
tanggal perjanjian Kredit, yang mana yang lebih of the Agreement, whichever occurs first.
dahulu terjadi.
Batas waktu penarikan fasilitas kredit adalah The availability period will be ended on the
sampai dengan 6 (enam) bulan dari tanggal 6 (sixth) month from the date of facility. Interest
fasilitas. Periode bunga adalah setiap 3 (tiga) period is 3 (three) months based on the JIBOR
bulan berdasarkan suku bunga acuan 3 bulan + interest rate of 3 months + 0.3%, with interest
0,3%, dengan pembayaran bunga dilakukan payments are made at each maturity date.
setiap tanggal jatuh tempo.
Pada tanggal 12 Oktober 2022, Bank On 12 October 2022, the Bank made a
melakukan penarikan sebesar Rp 1.000.000. withdrawal of Rp 1,000,000. The facility has
Perjanjian ini telah berakhir dan dilunasi pada been expired and repaid on 29 September 2023.
tanggal 29 September 2023.
Pada tanggal 31 Desember 2023, Bank telah As of 31 December 2023, the Bank has paid off
melunasi seluruh fasilitas pinjaman yang ada. all borrowing facility.
Pinjaman PT Bank Maybank Indonesia Tbk Borrowing PT Bank Maybank Indonesia Tbk
Pada tanggal 13 Desember 2021, Entitas Anak On 13 December 2021, the Subsidiary obtained
mendapatkan fasilitas pinjaman dengan akad a borrowing facility on the basis of mudharabah
mudharabah yang diberikan oleh PT Bank provided by PT Bank Maybank Indonesia Tbk in
Maybank Indonesia Tbk sebesar Rp 100.000. the amount of Rp 100,000. The facility is valid
Fasilitas berlaku sampai dengan tanggal until 13 December 2022. The purpose of the
13 Desember 2022. Tujuan pinjaman adalah borrowing is to support the Subsidiary's
untuk menunjang bisnis Entitas Anak. business.
Penarikan pinjaman dilakukan pada tanggal Withdrawal of borrowing was carried out on
9 Maret 2022 sebesar Rp 100.000 dengan 9 March 2022 in the amount of Rp 100,000 with
indikasi bagi hasil setara 5%. Entitas Anak telah an indication of profit sharing equivalent to 5%.
melunasi pinjaman pada tanggal 9 Maret 2023. The Subsidiary has fully paid the borrowing on
9 March 2023.
131
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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)
21. PINJAMAN YANG DITERIMA (lanjutan) 21. BORROWINGS (continued)
a. Pinjaman bank (lanjutan) a. Bank borrowings (continued)
Pinjaman Bilateral Sumitomo Mitsui Bilateral Borrowing with Sumitomo Mitsui
Banking Corporation - Cabang Singapura Banking Corporation - Singapore Branch
Bank mendapatkan revolving long-term The Bank entered into revolving long-term
borrowings dengan Sumitomo Mitsui Banking borrowings with Sumitomo Mitsui Banking
Corporation - Cabang Singapura, dengan total Corporation - Singapore Branch, with total facility
fasilitas setara dengan USD 3.625.000.000 amounting to equivalent of USD 3,625,000,000
(nilai penuh). Fasilitas ini dapat ditarik dalam (full amount). The facility can be drawn in US
mata uang Dolar AS atau jumlah yang setara Dollars or the amount equivalent thereof in any
dari jumlah tersebut dalam mata uang selain other currencies other than US Dollars and
dari Dolar AS dan Dolar Singapura. Singapore Dollars.
Total pinjaman yang ditarik dari fasilitas ini pada Total outstanding amount drawn from this facility
tanggal 31 Desember 2023 adalah sebesar as of 31 December 2023 amounted to
USD 1.195.000.000 (nilai penuh) dan USD 1,195,000,000 (full amount) and
EUR 10.000.000 (nilai penuh) (31 Desember EUR 10,000,000 (full amount) (31 December
2022: USD 2.372.000.000 (nilai penuh) dan 2022: USD 2,372,000,000 (full amount) and
EUR 20.000.000 (nilai penuh)). EUR 20,000,000 (full amount)).
Pinjaman ini akan jatuh tempo berkisar antara This borrowing will mature ranging from
tanggal 30 Januari 2025 sampai 30 Juni 2025. 30 January 2025 until 30 June 2025.
Tingkat suku bunga kontraktual setahun atas Contractual interest rate per annum on long-term
pinjaman jangka panjang ini adalah cost of fund borrowings is cost of fund plus certain margin.
ditambah margin tertentu. Untuk posisi pada For position as of 31 December 2023, the
tanggal 31 Desember 2023, marjin yang applied margin was 0.50% (for total outstanding
diterapkan adalah 0,50% (untuk total pinjaman amount of USD 1,195,000,000 (full amount) and
USD 1.195.000.000 (nilai penuh) dan EUR 10,000,000 (full amount)). For position as
EUR 10.000.000 (nilai penuh)). Untuk posisi of 31 December 2022, the applied margin was
31 Desember 2022, marjin yang diterapkan 0.66% (for total outstanding amount of
adalah 0,66% (untuk total pinjaman USD 355,000,000 (full amount)) and 0,50% (for
USD 355.000.000 (nilai penuh)) dan 0,50% total outstanding amount of USD 2,017,000,000
(untuk total pinjaman USD 2.017.000.000 (nilai (full amount) and EUR 20,000,000 (full amount).
penuh) dan EUR 20.000.000 (nilai penuh).
Pada tanggal 31 Desember 2023 dan 2022, As of 31 December 2023 and 2022, there was
tidak terdapat pembatasan-pembatasan no certain covenant which was required to be
tertentu yang disyaratkan dalam pinjaman maintainted in this long-term borrowing.
jangka panjang ini.
b. Pinjaman bukan bank b. Non-bank borrowings
Jumlah pokok pinjaman berdasarkan jangka Borrowing principals amount based on time
waktu: period:
31 Desember/ December
2023 2022
Lebih dari 3 tahun 6,682,950) 2,063,850) More than 3 years
Dikurangi: Less:
Biaya transaksi yang belum Unamortized transaction
diamortisasi (48,251) (9,988) costs
Ditambah: Add:
Beban bunga yang masih
harus dibayar 98,275) 48,001) Accrued interest expenses
6,732,974) 2,101,863)
132
Page 521
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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)
21. PINJAMAN YANG DITERIMA (lanjutan) 21. BORROWINGS (continued)
b. Pinjaman bukan bank (lanjutan) b. Non-bank borrowings (continued)
Pembayaran bunga pinjaman telah dibayarkan Payments of interest on borrowings had been
oleh Bank sesuai dengan jadwal. paid by the Bank in accordance with the
schedule.
Pinjaman bukan bank adalah fasilitas pinjaman Non-bank borrowings are borrowing facilities
dengan International Finance Corporation from International Finance Corporation (IFC),
(IFC), bukan pihak berelasi yang terdiri dari non-related party, consist of some agreements
beberapa perjanjian sebagai berikut: as follows:
(i) Perjanjian Pinjaman 2019 (i) Borrowing Agreement 2019
Tujuan pinjaman tersebut adalah untuk The purpose of borrowing was to finance
mendanai pembiayaan kredit mikro, usaha the Women-Owned Micro, Small Medium
kecil menengah yang dimiliki perempuan, Enterprise (MSME) loans, Green loans and
green loans, pinjaman Supply Chain Supply Chain Finance (SCF) loans. The
Finance (SCF). Bank akan melakukan Bank will use its best efforts to ensure that
upaya terbaiknya untuk memastikan the aggregated amount of the
bahwa jumlah agregat dari pencairan yang disbursements made to each loans was at
diberikan untuk setiap pinjaman setidaknya least equal to 25% of the maximum loan
sama dengan 25% dari jumlah maksimum amount.
pinjaman.
Pada tanggal 30 Desember 2019, Bank On 30 December 2019, the Bank
melakukan penarikan sebesar Rp 699.250, drawndown this loan at amount of
ekuivalen USD 50.000.000 (nilai penuh) Rp 699,250, equivalent to USD 50,000,000
dengan suku bunga 7,75% per tahun dan (full amount) with interest rate 7.75% per
jatuh tempo pada tanggal 3 Desember annum and maturity date on
2024. Pembayaran bunga dilakukan setiap 3 December 2024. Interest payment will be
6 (enam) bulan, yang dimulai pada tanggal paid every 6 (six) months, which is started
30 Juni 2021 dan akan berakhir pada on 30 June 2021 and will be ended on
tanggal 30 Desember 2024. 30 December 2024.
Pada tanggal 28 Januari 2020, Bank On 28 January 2020, the Bank drawndown
melakukan penarikan sebesar this at amount of Rp 1,364,600, equivalent
Rp 1.364.600, ekuivalen USD 100.000.000 to USD 100,000,000 (full amount) with
(nilai penuh) dengan suku bunga 7,30% interest rate 7.30% per annum and maturity
per tahun dan jatuh tempo pada tanggal date on 28 January 2025. Interest payment
28 Januari 2025. Pembayaran bunga will be paid every 6 (six) months, which is
dilakukan setiap 6 (enam) bulan, yang started on 28 July 2021 and will be ended
dimulai pada tanggal 28 Juli 2021 dan akan on 28 January 2025.
berakhir pada tanggal 28 Januari 2025.
Pada tanggal 31 Desember 2023 dan As of 31 December 2023 and 31 December
31 Desember 2022, Bank telah 2022, the Bank has utilized all borrowing
menggunakan seluruh fasilitas pinjaman facility.
yang ada.
133
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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)
21. PINJAMAN YANG DITERIMA (lanjutan) 21. BORROWINGS (continued)
b. Pinjaman bukan bank (lanjutan) b. Non-bank borrowings (continued)
(i) Perjanjian Pinjaman 2019 (lanjutan) (i) Borrowing Agreement 2019 (continued)
Dalam perjanjian pinjaman tersebut, diatur The borrowing agreements provide several
beberapa pembatasan yang harus covenants required from the Bank, such as:
dipenuhi oleh Bank antara lain:
- tidak diperkenankan melakukan - no substantial change is made to the
perubahan bisnis secara substansial general nature of its business without
tanpa persetujuan tertulis dari pemberi prior written consent of the lender;
pinjaman;
- tidak melakukan penggabungan - not undertake or permit any merger,
usaha, demerger, restrukturisasi demerger, corporate restructuring,
korporasi, yang dapat memberikan which has or could reasonably be
dampak merugikan yang material; expected to have material adverse
effect;
- tidak menerbitkan saham tambahan - not issue any additional shares and shall
dan tidak akan melakukan transfer not have its existing shares transferred,
saham, penjualan, perjanjian yang sold, pledged or otherwise encumbered
akan mengubah SMBC menjadi such that action would make the SMBC
pemegang saham non-pengendali to become a non-controlling shareholder
sesuai dengan ketentuan Peraturan under the Indonesia’s Banking or
Perbankan atau Keuangan di Financial Regulations;
Indonesia;
Pada tanggal 31 Desember 2023 dan As of 31 December 2023 and 31 December
31 Desember 2022, Bank telah memenuhi 2022, the Bank had fulfilled all the required
seluruh pembatasan yang dipersyaratkan. covenants.
(ii) Perjanjian Pinjaman 2023 (ii) Borrowing Agreement 2023
Pada tanggal 20 Juni 2023, Bank telah On 20 June 2023, the Bank has signed a
menandatangani perjanjian Fasilitas loan facility agreement of USD 500,000,000
pinjaman sebesar USD 500.000.000 (nilai (full amount). The form of this loan is a
penuh). Bentuk pinjaman ini adalah Privately Placed Senior Sustainability Bond.
Privately Placed Senior Sustainability The purpose of these loans is to finance
Bond. Tujuan pinjaman tersebut adalah small and medium enterprises owned by
untuk pembiayaan usaha kecil menengah women, construction of environmentally
yang dimiliki perempuan, pembangunan friendly buildings, and Social Bonds.
bangunan ramah lingkungan, dan Social
Bond.
Pada tanggal 25 Agustus 2023, Bank On 25 August 2023, the Bank made a
melakukan penarikan sebesar withdrawal of USD 300,000,000 (full
USD 300.000.000 (nilai penuh) dengan amount) with interest rates based on the
suku bunga berdasarkan suku bunga 3-month benchmark interest rate + 0.846%.
acuan 3 bulan + 0,846%. Pembayaran Interest payments are made every 3 (three)
bunga dilakukan setiap 3 (tiga) bulan, yang months, starting on 27 November 2023 and
dimulai pada tanggal 27 November 2023 ending on 25 August 2028.
dan akan berakhir pada tanggal
25 Agustus 2028.
Pada tanggal 31 Desember 2023, fasilitas As of 31 December 2023, total unused
yang belum digunakan adalah sebesar facility amounted to USD 200,000,000
USD 200.000.000 (nilai penuh). (full amount).
Dalam perjanjian pinjaman tersebut, diatur The borrowing agreements provide several
beberapa pembatasan yang harus covenants required from the Bank, such as:
dipenuhi oleh Bank antara lain:
- Menyatakan atau membayarkan - Declare or pay any dividend or make
dividen apa pun atau melakukan any distributions on its share capital
pembagian apa pun atas modal (other than dividends or distributions
sahamnya (selain dividen atau payable in shares of the Issuer), unless
pembagian yang harus dibayar dalam the proposed payment or distribution is
saham Emiten), kecuali pembayaran out of net income of the relevant
atau pembagian yang diusulkan Financial Year.
diambil dari penghasilan bersih dari
Tahun Buku yang relevan.
134
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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)
21. PINJAMAN YANG DITERIMA (lanjutan) 21. BORROWINGS (continued)
b. Pinjaman bukan bank (lanjutan) b. Non-bank borrowings (continued)
(ii) Perjanjian Pinjaman 2023 (lanjutan) (ii) Borrowing Agreement 2023 (continued)
Dalam perjanjian pinjaman tersebut, diatur The borrowing agreements provide several
beberapa pembatasan yang harus covenants required from the Bank, such as:
dipenuhi oleh Bank antara lain: (lanjutan) (continued)
- Membuat atau memungkinkan utang - Create or allow any indebtedness that is
apa pun yang dijamin atau berperingkat secured or ranks prior or senior to the
di atas atau senior terhadap Obligasi, Bonds, except for the leasing
kecuali untuk transaksi sewa guna transactions or other asset-backed
usaha (leasing) atau transaksi lain transactions in the ordinary course of
yang didukung aset dalam operasional banking business.
bisnis perbankan pada umumnya.
- Membentuk atau memiliki Anak - Form or have any Material Subsidiary
Perusahaan Utama apa pun (selain (other than PT BANK BTPN SYARIAH
PT BANK BTPN SYARIAH Tbk dan Tbk and PT BTPN SYARIAH
PT BTPN SYARIAH VENTURA). VENTURA).
- Tidak melakukan perubahan mendasar - No substantial change of its Charter in
atas Anggaran Dasar dengan cara apa any manner which would be inconsistent
pun yang dapat tidak sesuai dengan with the provisions of this Agreement.
ketentuan pada perjanjian.
- Tidak melakukan atau mengizinkan - Not undertake Merger, Consolidation or
penggabungan, pemekaran, peleburan Reorganization. Undertake or permit
atau reorganisasi apa pun; atau any merger, spin-off, consolidation or
menjual, memindahkan, menyewakan reorganization; or sell, transfer, lease or
atau dengan cara lain melepaskan otherwise dispose of all or a substantial
seluruh atau suatu bagian substansial part of its assets, other than assets
dari aset-asetnya selain aset-aset yang acquired in the enforcement of security
diambil alih dalam mengeksekusi created in Favor of the Issuer in the
jaminan yang dibuat untuk kepentingan ordinary course of its banking business,
Emiten dalam usaha perbankannya. whether in a single transaction or in a
series of transactions, related or
otherwise.
Pada tanggal 31 Desember 2023, Bank As of 31 December 2023, the Bank
telah memenuhi persyaratan terkait managed to fulfill the requirement related
penarikan pertama fasilitas IFC. with first disbursement of IFC facility.
22. AKRUAL 22. ACCRUALS
31 Desember/ December
2023 2022
Akrual beban operasional 328,468) 304,544 Accrued operational expenses
Akrual beban promosi 101,610) 75,206 Accrued promotion expenses
Akrual jasa profesional 48,903) 54,949 Accrued professional fees
Akrual beban kepegawaian -) 19,293 Accrued personnel expenses
478,981) 453,992
Akrual jasa profesional merupakan akrual untuk Accrued professional fees are accrual for the costs of
biaya konsultan yang bekerjasama dengan Bank consultants who collaborate with the Bank to
untuk menyelesaikan proyek tertentu, termasuk complete certain projects, including accrual for the
akrual untuk biaya konsultan hukum, konsultan costs of legal consultant, business consultant, public
bisnis, akuntan publik dan lainnya. accountant and others.
135
Page 524
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. LIABILITAS IMBALAN KERJA KARYAWAN 23. EMPLOYEE BENEFITS LIABILITIES
Liabilitas imbalan kerja karyawan terdiri dari: Employee benefits liabilities consist of:
31 Desember/ December
2023 2022
Imbalan kerja jangka pendek Short-term employee benefits
Akrual bonus karyawan, THR, Accrual of employee bonus,
tantiem, dan liabilitas jangka pendek THR, tantiem, and other short-term
lainnya liabilities
- Bank 323,918) 278,730) Bank -
- Entitas Anak 187,270) 164,746) Subsidiary -
511,188) 443,476)
Imbalan pascakerja dan imbalan kerja Post-employment benefits and other
jangka panjang lainnya long-term employee benefits
- Bank 128,085) 43,281) Bank -
- Entitas Anak 42,020) 20,947) Subsidiary -
170,105) 64,228)
681,293) 507,704)
Grup menerapkan kebijakan program manfaat The Group implements post-employment benefits
imbalan pascakerja sesuai dengan Undang-Undang policy based on Job Creation Law (“UUCK”) No. 11
Cipta Kerja (“UUCK”) No. 11 Tahun 2020, Peraturan Year 2020, Government Regulation No. 35 Year
Pemerintah No. 35 Tahun 2021 dan Perjanjian 2021 and Collective Labor Agreement applied by the
Kerjasama yang berlaku di Grup. Dasar perhitungan Group. The calculation basis of benefits is based on
manfaat ini menggunakan gaji pokok terkini. current basic salary. The Bank’s defined benefits
Program pensiun manfaat pasti ini dikelola oleh pension plan is managed by PT Asuransi Allianz Life
PT Asuransi Allianz Life Indonesia. Indonesia.
Program tersebut memberikan manfaat 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 prevailing regulations. The
karyawan tersebut berhenti sesuai dengan funding of the pension plan is conducted by the
peraturan yang berlaku. Pendanaan program Group through payments of annual contributions
pensiun ini dilakukan oleh Grup dengan membayar which are sufficient to meet the minimum
iuran tahunan yang setidaknya memenuhi jumlah requirements set forth in applicable laws.
minimum seperti yang diharuskan oleh peraturan
perundang-undangan yang berlaku.
Perhitungan imbalan kerja jangka panjang Bank dan The calculation of the long-term employee benefits of
Entitas Anak menggunakan hasil perhitungan the Bank and Subsidiary use the results of the
Aktuari periode 31 Desember 2023 dengan calculation of the Actuarial period
informasi komparatif 31 Desember 2022. 31 December 2023 with comparative information
31 December 2022.
Pada tanggal 31 Desember 2023, jumlah karyawan As of 31 December 2023, the total number of the
Bank yang memiliki hak atas manfaat ini adalah Bank’s employees eligible for this benefit was 6,237
6.237 karyawan (31 Desember 2022: 6.271 employees (31 December 2022: 6,271 employees)
karyawan) (tidak diaudit). (unaudited).
Pada tanggal 31 December 2023, jumlah karyawan As of 31 December 2023, the total number of the
Entitas Anak yang memiliki hak atas imbalan ini Subisidiary’s employees eligible for this benefit was
adalah sebanyak 3.628 karyawan (31 Desember 3,628 employees (31 December 2022: 3,924
2022: 3.924 karyawan) (tidak diaudit). employees) (unaudited).
Selain memberikan manfaat yang disebutkan In addition to the benefits mentioned above, the Bank
di atas, Bank juga memberikan manfaat cuti panjang also provides its employees with long leave benefits.
kepada karyawannya.
136
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. LIABILITAS IMBALAN KERJA KARYAWAN 23. EMPLOYEE BENEFITS LIABILITIES (continued)
(lanjutan)
Imbalan pascakerja Post-employment benefits
Bank Bank
Perhitungan aktuaria atas liabilitas imbalan kerja The actuarial calculation for the Bank’s employee
karyawan Bank pada tanggal 31 Desember 2023 benefits liabilities as of 31 December 2023 and 2022
dan 2022 dilakukan oleh Kantor Konsultan Aktuaria was performed by Kantor Konsultan Aktuaria Yusi
Yusi dan Rekan, aktuaris independen, dengan dan Rekan, an independent actuary, using the
menggunakan metode “Projected Unit Credit” “Projected Unit Credit” method based on its reports
berdasarkan laporannya tertanggal 31 Januari 2024 dated 31 January 2024 (31 December 2022:
(31 Desember 2022: tanggal 8 Februari 2023). dated 8 February 2023).
Perhitungan aktuaria tersebut menggunakan The actuarial valuations were carried out using the
asumsi-asumsi sebagai berikut: following assumptions:
31 Desember/December
2023 2022
Asumsi ekonomi: Economic assumptions:
Tingkat diskonto per tahun 6.37% - 7.10% 5.52% - 7.43% Interest discount rate per annum
Tingkat kenaikan gaji per tahun 7% 7% Salary increment rate per annum
Asumsi lainnya: Other assumptions:
Usia pensiun normal 55 55 Normal pension age
Tabel mortalitas/ Tabel mortalitas/
Mortality table Mortality table
Indonesia 2019 Indonesia 2019
Tingkat kematian (TMI 2019) (TMI 2019) Mortality rate
Tingkat cacat 10% TMI 2019) 10% TMI 2019) Disability rate
Status pendanaan atas program pensiun pada The funding status of the pension plan as of
tanggal 31 Desember 2023 dan 2022 berdasarkan 31 December 2023 and 2022 based on the actuarial
laporan aktuaria adalah sebagai berikut: reports was as follows:
31 Desember/December
2023 2022
Nilai kini liabilitas imbalan Present value of defined benefits
manfaat pasti 732,177) 674,325) liabilities
Nilai wajar aset program (634,515) (657,834) Fair value of plan assets
Kekurangan pendanaan 97,662) 16,491) Funding deficit
Perubahan liabilitas imbalan manfaat pasti selama The movement in the defined benefits liabilities
tahun berjalan adalah sebagai berikut: during the year was as follows:
Tahun berakhir 31 Desember/
Year ended 31 December
2023 2022
Perubahan nilai kini liabilitas Movement in present value of defined
imbalan manfaat pasti: benefits liabilities:
Nilai kini kewajiban imbalan manfaat Present value of defined benefits
pasti, awal tahun 674,325) 671,934) liabilities, beginning of the year
Termasuk dalam laba rugi Included in profit or loss
Beban jasa kini 86,161) 85,663) Current service cost
Beban bunga 45,241) 40,220) Interest expense
Penyesuaian atas perubahan Adjustment due to change in benefit
metode atribusi -) (48,052) attribution method
Termasuk dalam penghasilan Included in other comprehensive
komprehensif lain income
Kerugian/keuntungan aktuaria yang
timbul dari: Actuarial losses/gains arising from:
- Asumsi keuangan 21,597) (12,386) Financial assumption -
- Penyesuaian pengalaman 37,862) 21,242) Experiences adjustment -
Lain-lain Others
Imbalan yang dibayarkan oleh aset Benefits paid by the plan assets
program selama tahun berjalan (133,009) (84,296) during the year
Nilai kini liabilitas imbalan manfaat Present value of net defined
pasti, akhir tahun 732,177) 674,325) benefits liabilities, end of year
137
Page 526
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. LIABILITAS IMBALAN KERJA KARYAWAN 23. EMPLOYEE BENEFITS LIABILITIES (continued)
(lanjutan)
Imbalan pascakerja (lanjutan) Post-employment benefits (continued)
Bank (lanjutan) Bank (continued)
Perubahan nilai wajar aset program selama tahun The movement of fair value of plan assets during the
berjalan adalah sebagai berikut: year was as follows:
Tahun berakhir 31 Desember/
Year ended 31 December
2023 2022
Movement in the fair value of
Perubahan nilai wajar aset program: plan assets:
Nilai wajar aset program, Fair value of plan assets,
awal tahun 657,834) 657,951) beginning of year
Termasuk dalam laba rugi Included in profit or loss
Pendapatan bunga atas aset
program 46,304) 43,720) Interest income on plan assets
Termasuk dalam penghasilan Included in other comprehensive
komprehensif lain income
Imbal hasil atas aset program di Return on plan assets
luar pendapatan bunga (32,115) (34,244) excluding interest income
Lain-lain Others
Kontribusi yang dibayarkan
kepada program 95,501) 74,703) Contributions paid into the plan
Imbalan yang dibayarkan oleh
program (133,009) (84,296) Benefits paid by the plan
Nilai wajar aset program, Fair value of plan assets,
akhir tahun 634,515) 657,834) end of year
Seluruh aset program pensiun ditempatkan pada All of the pension plan assets are placed on cash with
kas di Bank Kustodian dan deposito berjangka di the Custodian Bank and time deposits with the Bank.
Bank.
Bank terekspos dengan beberapa risiko melalui The Bank is exposed to a number of risks through its
program imbalan pasti. Risiko yang paling signifikan defined benefit pension plans. The most significant
adalah sebagai berikut: 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.
Perubahan imbal hasil obligasi Changes in bond yields
Kenaikan pada liabilitas program disebabkan oleh An increase in plan liabilities is caused by the
penurunan imbal hasil obligasi pemerintah, decrease in government bond yields, although this
walaupun hal ini akan saling hapus dengan pilihan will be partially offset by the Bank’s investment
jenis investasi Bank. choices.
Hasil yang diharapkan dari aset program ditentukan The expected return on plan assets is determined by
dengan mempertimbangkan imbal hasil yang 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.
138
Page 527
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. LIABILITAS IMBALAN KERJA KARYAWAN 23. EMPLOYEE BENEFITS LIABILITIES (continued)
(lanjutan)
Imbalan pascakerja (lanjutan) Post-employment benefits (continued)
Bank (lanjutan) Bank (continued)
Nilai kini liabilitas imbalan pascakerja, nilai wajar Present value of post-employment benefits liabilities,
aset program, defisit/surplus pada program dan fair value of plan assets, deficit/surplus of program
penyesuaian pada liabilitas program dan aset and adjustment on plan liabilities and plan assets for
program untuk 5 tahun terakhir adalah sebagai the last 5 years were as follows:
berikut:
31 Desember/December
2023 2022 2021 2020 2019
Nilai kini liabilitas imbalan Present value of defined
manfaat pasti 732,177) 674,325)) 671,934) 640,803) 540,349) benefits liabilities
Nilai wajar aset program (634,515) (657,834) (657,951) (545,350) (595,828) Fair value of plan assets
The effect of the
Dampak batas atas aset -) -)) -) -) -) asset ceiling
97,662) 16,491)) 13,983) 95,453) (55,479)
Defisit (surplus) Deficit (surplus)
Penyesuaian pada Adjustments on
59,459) 8,856)) (2,829)) 56,208) 25,883)
liabilitas program plan liabilities
Penyesuaian pada aset Adjustments on plan
32,115) 34,244)) 22,272)) 19,473) 17,085)
program assets
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 benefit
pensiun imbalan pasti pada tanggal 31 Desember pension obligation as of 31 December 2023 and 2022
2023 dan 2022 masing-masing adalah 11,61 tahun was 11.61 years and 10.78 years, respectively.
dan 10,78 tahun.
Analisis jatuh tempo yang diharapkan dari manfaat Expected maturity analysis of undiscounted pension
pensiun yang tidak didiskontokan adalah sebagai benefits are as follows:
berikut:
31 Desember/ December
2023 2022
)
Hingga 1 tahun 84,573 65,092 Up to 1 year
Lebih dari 1 - 2 tahun 71,839 83,406 More than 1 - 2 years
Lebih dari 2 - 5 tahun 284,254 259,653 More than 2 - 5 years
Lebih dari 5 tahun 3,528,404 2,891,964 More than 5 years
Sensitivitas liabilitas imbalan pascakerja untuk The sensitivity of the post-employment benefits
perubahan asumsi aktuarial utama adalah sebagai liabilities to changes in the key actuarial assumptions
berikut: was as follows:
2023
Kenaikan Kenaikan
(penurunan) nilai (penurunan)
kini kewajiban beban jasa kini/
imbalan kerja/ Increase
Increase (decrease) (decrease) in
Perubahan asumsi/ in present value of current service
Change in assumption benefit obligation cost
Kenaikan/Increase 1% (48,514) (6,750)
Tingkat diskonto Penurunan/Decrease 1% 54,581) 7,712) Discount rate
Kenaikan/Increase 1% 52,384) 7,489)
Tingkat kenaikan gaji Penurunan/Decrease 1% (47,377) (6,669) Salary increase rate
139
Page 528
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. LIABILITAS IMBALAN KERJA KARYAWAN 23. EMPLOYEE BENEFITS LIABILITIES (continued)
(lanjutan)
Imbalan pascakerja (lanjutan) Post-employment benefits (continued)
Bank (lanjutan) Bank (continued)
2022
Kenaikan Kenaikan
(penurunan) nilai (penurunan)
kini kewajiban beban jasa kini/
imbalan kerja/ Increase
Increase (decrease) (decrease) in
Perubahan asumsi/ in present value of current service
Change in assumption benefit obligation cost
Kenaikan/Increase 1% (40,837) (6,528)
Tingkat diskonto Penurunan/Decrease 1% 45,789) 7,128) Discount rate
Kenaikan/Increase 1% 47,478) 7,355)
Tingkat kenaikan gaji Penurunan/Decrease 1% (42,947) (6,548) Salary increase rate
Analisis sensitivitas didasarkan pada perubahan The sensitivity analysis is based on a change in an
atas satu asumsi aktuarial dimana asumsi lainnya assumption while holding all other assumptions
dianggap konstan. Dalam prakteknya, 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
kewajiban imbalan pascakerja atas asumsi aktuarial post-employment benefits liabilities to significant
utama, metode yang sama (perhitungan nilai kini actuarial assumptions, the same method (present
kewajiban imbalan pasti dengan menggunakan value of the defined benefits liabilities calculated with
metode projected unit credit di akhir periode the projected unit credit method at the end of the
pelaporan) telah diterapkan seperti dalam reporting period) has been applied as when
penghitungan liabilitas imbalan pascakerja. calculating the post-employment benefits liabilities.
Entitas Anak Subsidiary
Perhitungan aktuaria pada tanggal The actuarial calculation as of 31 December 2023
31 Desember 2023 dan 2022 dilakukan oleh Kantor and 2022 was performed by Kantor Konsultan
Konsultan Aktuaria Yusi dan Rekan, aktuaris Aktuaria Yusi dan Rekan, independent actuary, using
independen, dengan menggunakan metode the “Projected Unit Credit” method as stated in its
“Projected Unit Credit” sebagaimana yang reports dated 9 January 2024 (31 December 2022:
tercantum dalam laporan pada tanggal 6 January 2023) with the following assumptions:
9 Januari 2024 (31 Desember 2022: tanggal
6 Januari 2023) dengan asumsi-asumsi sebagai
berikut:
31 Desember/December
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 Tabel mortalitas/ Tabel mortalitas/ Mortality table
Mortality table Mortality table
Indonesia 2019 Indonesia 2019
Usia pensiun normal 55 tahun/years 55 tahun/years Normal pension age
Status pendanaan atas program pensiun pada The funding status of the pension plan as of
tanggal 31 Desember 2023 dan 2022 berdasarkan 31 December 2023 and 2022 based on the actuarial
laporan aktuaria adalah sebagai berikut: reports was as follows:
31 Desember/December
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
(Kelebihan) kekurangan pendanaan 24,811) (7,082) Funding (gain) deficit
Dampak batas atas aset -) 7,082) The effect of the asset ceiling
Liabilitas/(aset) imbalan bersih neto 24,811) -) Net defined liability/(asset)
140
Page 529
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. LIABILITAS IMBALAN KERJA KARYAWAN 23. EMPLOYEE BENEFITS LIABILITIES (continued)
(lanjutan)
Imbalan pascakerja (lanjutan) Post-employment benefits (continued)
Entitas Anak (lanjutan) Subsidiary (continued)
Perubahan liabilitas imbalan manfaat pasti selama The movement of defined benefits liabilities during
tahun berjalan adalah sebagai berikut: the year was as follows:
Tahun berakhir 31 Desember/
Year ended 31 December
2023 2022
Perubahan nilai kini liabilitas imbalan Movement in present value of defined
manfaat pasti: benefits liabilities:
Nilai kini liabilitas imbalan manfaat 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 benefit
atribusi -) (53,029) attribution method
Termasuk dalam penghasilan Included in other comprehensive
komprehensif lain income
Kerugian/keuntungan aktuaria yang Actuarial losses/gains arising
timbul dari: from:
- Asumsi keuangan 6,593) (4,554) 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 manfaat Present value of defined
229,374) 195,106)
pasti, akhir tahun benefits liabilities, end of year
Perubahan nilai wajar aset program selama tahun The movement of fair value of plan assets during the
berjalan adalah sebagai berikut: year was as follows:
Tahun berakhir 31 Desember/
Year ended 31 December
2023 2022
Perubahan nilai wajar aset program: Movement in the fair value of plan assets:
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
program 14,521) 15,024) Expected return on plan assets
Termasuk dalam penghasilan Included in other comprehensive
komprehensif lain income
Imbal hasil atas aset program di luar Return on plan assets
pendapatan bunga (12,934) (10,969) excluding interest income
Lain-lain Others
Kontribusi pemberi kerja 10,000) -) Employer’s contribution
Mutasi aset -) (5,475) Asset mutation
Imbalan yang dibayar (9,212) (16,120) Benefits paid
Saldo, akhir tahun 204,563) 202,188) Balance, end of year
Seluruh aset program pensiun pada tanggal All of the pension plan assets as of 31 December
31 Desember 2023 dan 2022 ditempatkan pada 2023 and 2022 were placed on Program Dana
Program Dana Pensiun Lembaga Keuangan Allianz Pensiun Lembaga Keuangan Allianz with time
dengan deposito berjangka sebagai aset yang deposits as underlying assets.
mendasari.
141
Page 530
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. LIABILITAS IMBALAN KERJA KARYAWAN 23. EMPLOYEE BENEFITS LIABILITIES (continued)
(lanjutan)
Imbalan pascakerja (lanjutan) Post-employment benefits (continued)
Entitas Anak (lanjutan) Subsidiary (continued)
Entitas Anak terekspos dengan risiko volatilitas aset Subsidiary is exposed to asset volatility risks through
melalui program imbalan pasti. Liabilitas program its defined benefit pension plans. The plan liabilities
dihitung menggunakan tingkat diskonto yang are calculated using a discount rate set with
merujuk kepada tingkat imbal hasil obligasi reference to government bond yields. If plan assets
pemerintah. Jika imbal hasil aset program lebih underperform this yield, then this will create a deficit.
rendah, maka akan menghasilkan defisit program.
Hasil yang diharapkan dari aset program ditentukan The expected return on plan assets is determined by
dengan mempertimbangkan imbal hasil yang considering the expected returns available on the
diharapkan atas aset dengan mengacu pada assets underlying the current investment policy.
kebijakan investasi. Hasil investasi bunga tetao 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.
Tahun berakhir 31 Desember/
Year ended 31 December
2023 2022
Dampak batas atas aset pada awal Effect of asset ceiling at
program: 7,082) -) beginning of period:
Termasuk dalam laba rugi Included in profit or loss
Interest on the effect of
Bunga atas dampak batas aset 510) -) 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 asset ceiling, excluding amounts
termasuk jumlah yang dimasukkan included in net interest on the net
dalam bunga neto atas liabilitas defined benefit liability (asset)
(aset) imbalan pasti neto (7,592) 7,082)
Dampak batas atas aset pada akhir Effect of asset ceiling at
-) 7,082)
periode the end of period
Nilai kini liabilitas imbalan pascakerja, nilai wajar Present value of post-employment benefits liabilities,
aset program, defisit/surplus pada program dan fair value of plan assets, deficit/surplus of program
penyesuaian pada liabilitas program dan aset and adjustment on plan liabilities and plan assets for
program untuk 5 tahun terakhir adalah sebagai the last 5 years were as follows:
berikut:
31 Desember/December
2023 2022 2021 2020 2019
Nilai kini liabilitas imbalan Present value of defined
manfaat pasti 229,374) 195,106) 240,583) 217,467) 175,160) benefits liabilities
Nilai wajar aset program (204,563) (202,188) (219,728) (193,363) (188,883) Fair value of plan assets
Defisit (surplus) 24,811) (7,082) 20,855) 24,104) (13,723) Deficit (surplus)
The effect of the asset
Dampak batas atas aset -) 7,082) -) -) -) ceiling
Liabilitas (aset) imbalan 24,811) -)) 20,855) 24,104) (13,723) Net defined benefit
bersih neto liability (asset)
Penyesuaian pada liabilitas Adjustments
4,654) 23,942) 13,603) 7,606) (16,253)
program on plan liabilities
Penyesuaian pengalaman
yang timbul pada aset 12,934) 10,969) 8,153) 5,969) 4,052) Experience adjustment
program on plan assets
142
Page 531
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. LIABILITAS IMBALAN KERJA KARYAWAN 23. EMPLOYEE BENEFITS LIABILITIES (continued)
(lanjutan)
Imbalan pascakerja (lanjutan) Post-employment benefits (continued)
Entitas Anak (lanjutan) Subsidiary (continued)
Analisis jatuh tempo yang diharapkan dari imbalan Expected maturity analysis of undiscounted pension
pensiun yang tidak didiskontokan adalah sebagai benefits was as follow:
berikut:
31 Desember/ December
2023 2022
Hingga 1 tahun 11,709 8,428 Up to 1 years
Lebih dari 1 - 2 tahun 14,013 7,675 More than 1 - 2 years
Lebih dari 2 - 5 tahun 100,282 79,774 More than 2 - 5 years
Lebih dari 5 tahun 2,158,255 1,516,997 More than 5 years
Sensitivitas kewajiban imbalan pascakerja untuk The sensitivity of the post-employment benefit
perubahan asumsi aktuarial utama adalah obligation to change in the key actuarial assumption
sebagai berikut: was as follow:
2023
Kenaikan
Kenaikan
(penurunan) nilai (penurunan)
kini kewajiban beban jasa kini/
imbalan kerja/ Increase
Increase (decrease) (decrease) in
Perubahan asumsi/ in present value of current service
Change in assumption 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
Kenaikan
Kenaikan
(penurunan) nilai (penurunan)
kini kewajiban beban jasa kini/
imbalan kerja/ Increase
Increase (decrease) (decrease) in
Perubahan asumsi/ in present value of current service
Change in assumption benefit obligation cost
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
Analisis sensitivitas didasarkan pada perubahan The sensitivity analysis is based on a change in an
atas 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 pascakerja atas asumsi aktuaria post-employment benefits liabilities to key actuarial
utama, metode yang sama (perhitungan nilai kini assumptions, the same method (present value of the
liabilitas imbalan pasti dengan menggunakan defined benefits liabilities calculated with the
metode projected unit credit di akhir periode projected unit credit method at the end of the
pelaporan) telah diterapkan seperti dalam reporting period) has been applied as when
penghitungan liabilitas imbalan pascakerja. calculating the post-employment benefits liabilities.
143
Page 532
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. LIABILITAS IMBALAN KERJA KARYAWAN 23. EMPLOYEE BENEFITS LIABILITIES (continued)
(lanjutan)
Imbalan pascakerja (lanjutan) Post-employment benefits (continued)
Entitas Anak (lanjutan) Subsidiary (continued)
Pada 31 Desember 2023 dan 2022, imbalan As of 31 December 2023 and 2022, post-employment
pascakerja untuk karyawan dengan Perjanjian Kerja benefits for the Subsidiary's employees with Fixed
Waktu Tertentu (PKWT) Entitas Anak dihitung Time Employment Agreements (PKWT) are
secara internal dengan metode historical stay rate calculated internally using the historical stay rate
masing-masing sebesar Rp 3,494 dan Rp 7.955. method amounted to Rp 3,494 and Rp 7,955,
respectively.
Imbalan kerja jangka panjang lainnya Other long term employee benefits
Bank Bank
Bank juga memberikan manfaat cuti panjang The Bank also provides its employees with long leave
kepada karyawannya. benefit.
Perubahan liabilitas yang timbul dari imbalan kerja The movement in the Bank’s liabilities arising from
jangka panjang lainnya adalah sebagai berikut: other long-term employee benefits was as follows:
Tahun berakhir 31 Desember/
Year ended 31 December
2023 2022
Perubahan nilai kini liabilitas Movement in present value of defined
imbalan manfaat pasti: benefits liabilities:
Nilai kini liabilitas imbalan manfaat Present value of defined liabilities,
pasti, awal tahun 26,790) 27,075) beginning of the year
Termasuk dalam laba rugi Included in profit or loss
Beban jasa kini 5,307) 4,871) Current service cost
Beban bunga 1,746) 1,426) Interest expense
Pengukuran kembali: Remeasurement:
- Penyesuaian asumsi demografi -) Changes in demography assumptions -
- Penyesuaian asumsi keuangan 396) (714) Changes in financial assumptions -
- Penyesuaian pengalaman (386) (100) Experience adjustment -
Lain-lain Others
Imbalan yang dibayarkan dari
pemberi kerja selama tahun Benefits paid by the employer
berjalan (3,430) (5,768) during year
Nilai kini liabilitas imbalan manfaat Present value of net defined
pasti, akhir tahun 30,423) 26,790) 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 was as follows:
sebagai berikut:
31 Desember/ December
2023 2022
Hingga 1 tahun 3,877 2,807 Up to 1 year
Lebih dari 1 - 2 tahun 7,951 3,330 More than 1 - 2 years
Lebih dari 2 - 5 tahun 20,644 21,494 More than 2 - 5 years
Lebih dari 5 tahun 63,783 60,402 More than 5 years
144
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. LIABILITAS IMBALAN KERJA KARYAWAN 23. EMPLOYEE BENEFITS LIABILITIES (continued)
(lanjutan)
Imbalan kerja jangka panjang lainnya (lanjutan) Other long term employee benefits (continued)
Bank (lanjutan) Bank (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 was as follows:
2023
Kenaikan
(penurunan) nilai kini
kewajiban imbalan Kenaikan
kerja/ increase (penurunan) beban
(decrease) in present jasa kini/ Increase
Perubahan asumsi/ value of benefit (decrease) in current
Change in assumption obligation service cost
Kenaikan/Increase 1% (1,335) (240)
Tingkat diskonto Penurunan/Decrease 1% 1,462) 264) Discount rate
Kenaikan/Increase 1% 1,284) 233)
Tingkat kenaikan gaji Penurunan/Decrease 1% (1,196) (217) Salary increase rate
2022
Kenaikan
(penurunan) nilai kini
kewajiban imbalan Kenaikan
kerja/ increase (penurunan) beban
(decrease) in present jasa kini/ Increase
Perubahan asumsi/ value of benefit (decrease) in current
Change in assumption obligation service cost
Kenaikan/Increase 1% (1,117) (211)
Tingkat diskonto Penurunan/Decrease 1% 1,221) 230) Discount rate
Kenaikan/Increase 1% 1,209) 227)
Tingkat kenaikan gaji Penurunan/Decrease 1% (1,127) (211) Salary increase rate
Entitas Anak Subsidiary
Perubahan liabilitas yang timbul dari imbalan kerja The movement in the liabilities arising from other
jangka panjang lainnya selama tahun berjalan long-term employee benefits during the year was as
adalah sebagai berikut: follows:
Tahun berakhir 31 Desember/
Year ended 31 December
2023 2022
Perubahan nilai kini liabilitas Movement in present value of
imbalan manfaat pasti: defined benefits liabilities:
Nilai kini liabilitas imbalan pasti, awal Present value of the defined benefits
tahun 12,992) 12,483) 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 demografi Changes in demographic -
- Penyesuaian asumsi keuangan 246) (362) Changes in financial assumptions -
- Penyesuaian pengalaman (818) (544) Experience adjustment -
Lain-lain Others
Imbalan yang dibayar (1,376) (1,158) Benefits paid
Nilai kini liabilitas imbalan pasti, Present value of defined
13,716) 12,992)
akhir tahun 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 was as follow:
sebagai berikut:
31 Desember/ December
2023 2022
Hingga 1 tahun 1,999 1,396 Up to 1 year
Lebih dari 1-2 tahun 2,076 2,078 More than 1-2 years
Lebih dari 2-5 tahun 6,411 6,658 More than 2-5 years
Lebih dari 5 tahun 39,701 40,089 More than 5 years
145
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. LIABILITAS IMBALAN KERJA KARYAWAN 23. EMPLOYEE BENEFITS LIABILITIES (continued)
(lanjutan)
Imbalan kerja jangka panjang lainnya (lanjutan) Other long term employee benefits (continued)
Entitas Anak (lanjutan) Subsidiary (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 actuarial
adalah sebagai berikut: assumptions was as follows:
2023
Kenaikan
(penurunan) nilai kini
kewajiban imbalan Kenaikan
kerja/ increase (penurunan) beban
(decrease) in present jasa kini/ Increase
Perubahan asumsi/ value of benefit (decrease) in current
Change in assumption obligation service 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
Kenaikan
(penurunan) nilai kini
kewajiban imbalan Kenaikan
kerja/ increase (penurunan) beban
(decrease) in present jasa kini/ Increase
Perubahan asumsi/ value of benefit (decrease) in current
Change in assumption obligation service 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
Dampak pengukuran kembali liabilitas imbalan kerja Effect of remeasurements of employee benefits
pada penghasilan komprehensif konsolidasian liabilities on consolidated other comprehensive
adalah masing-masing sebesar Rp 92.262, income was Rp 92,262 and Rp 37,209 for the years
dan Rp 37.209 untuk tahun-tahun berakhir pada ended 31 December 2023 and 2022, respectively.
tanggal 31 Desember 2023 dan 2022.
24. PINJAMAN SUBORDINASI 24. SUBORDINATED LOANS
Pinjaman subordinasi merupakan pinjaman The outstanding subordinated loans represent loans
dari SMBC Cabang Singapura sejumlah obtained from SMBC Singapore Branch amounted to
USD 200.000.000 (nilai penuh), ekuivalen dengan USD 200,000,000 (full amount), equivalent to
Rp 3.079.400 pada tanggal 31 Desember 2023 dan Rp 3,079,400 as of 31 December 2023 and
sejumlah USD 200.000.000 (nilai penuh), ekuivalen amounted to USD 200,000,000 (full amount),
dengan Rp 3.113.500 pada tanggal equivalent to Rp 3,113,500 as of 31 December 2022.
31 Desember 2022.
Pinjaman subordinasi sebesar USD 100.000.000 Subordinated loans of USD 100,000,000 (full
(nilai penuh) dan USD 100.000.000 (nilai penuh) amount) and USD 100,000,000 (full amount) were
masing-masing diperoleh pada tanggal obtained on 26 September 2018 and 23 November
26 September 2018 dan 23 November 2018 dan 2018 respectively and will mature on 26 September
akan jatuh tempo pada tanggal 26 September 2028 2028 and 21 November 2028, respectively.
dan 21 November 2028.
146
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. PINJAMAN SUBORDINASI (lanjutan) 24. SUBORDINATED LOANS (continued)
Untuk fasilitas USD 100.000.000 (nilai penuh) yang For the USD 100,000,000 (full amount) facility
diperoleh pada tanggal 26 September 2018, telah obtained on 26 September 2018, a Supplemental
terdapat Perjanjian Tambahan yang ditandatangani Agreement has been signed on 27 September 2021,
pada tanggal 27 September 2021, sehingga tanggal so that the maturity date has changed from previously
jatuh tempo berubah dari tanggal 26 September 26 September 2025 to 26 September 2028.
2025 menjadi tanggal 26 September 2028.
Pinjaman subordinasi memiliki opsi pembayaran These subordinated loans have early repayment
lebih awal dengan pemberitahuan 20 hari option by 20 days notification in advance with
sebelumnya dan dengan persetujuan dari kreditur. lender’s approval.
Kisaran tingkat suku bunga pinjaman subordinasi Range of interest rate for subordinated loans per year
adalah 6,90% - 6,93% per tahun. was 6.90% - 6.93%.
Pinjaman subordinasi digunakan untuk memperkuat Subordinated loans are used to strengthen the
struktur modal Bank sebagai Modal Pelengkap Bank's capital structure as Supplementary Capital
(Tier 2). (Tier 2).
Sesuai Peraturan OJK Nomor 11/POJK.03/2016 In accordance with the Regulation of OJK Number
tentang Kewajiban Penyediaan Modal Minimum 11/POJK.03/2016 and Circular Letter of OJK Number
Bank Umum dan Surat Edaran OJK Nomor 20/SEOJK.03/2016 regarding Feature of Conversion
20/SEOJK.03/2016 tentang Fitur Konversi Menjadi to Common Stock or Write Down The Instruments of
Saham Biasa atau Write Down terhadap instrumen Additional Tier 1 and Tier 2, Lender and Borrower
Modal Inti Tambahan dan Modal Pelengkap, acknowledge the trigger events that will cause the
Kreditur dan Debitur memahami bahwa terdapat loan provided under this Agreement to be converted
kondisi yang menyebabkan (trigger events) to common stock or written down, particulary in the
pinjaman yang diberikan sesuai dengan Perjanjian event when the business continuity of the debtor is
ini harus dikonversi menjadi saham biasa atau potentially disrupted (point of non viability) and
dilakukan write down, yaitu dalam hal kelangsungan therefore affecting the liabilities of borrower to the
usaha debitur berpotensi terganggu (point of non lender, in the term of:
viability) sehingga mempengaruhi kewajiban debitur
kepada kreditur, yaitu dapat berupa:
(i) rasio Modal Inti Utama (Common Equity Tier (i) Common Equity Tier 1 (CET 1) is lower than or
1/CET 1) lebih rendah atau sama dengan equal to 5.125% of Risk-Weighted Assets
5,125% dari Aset Tertimbang Menurut Risiko (RWA), both individually and consolidated with
(ATMR) baik secara individu maupun its Subsidiaries; and/or
konsolidasi dengan Entitas Anak; dan/atau
(ii) terdapat rencana dari otoritas yang berwenang (ii) there is a plan of the competent authority to
untuk melakukan penyertaan modal kepada make capital injection to the Borrower which
Debitur yang dinilai berpotensi terganggu continuity of its business is evaluated to have
kelangsungan usahanya; dan the potential to be disrupted; and
(iii) terdapat perintah dari OJK untuk melakukan (iii) There is an order from OJK to convert into
konversi menjadi saham biasa dan/atau write- common stock and/or write-down.
down.
Pada tanggal 31 Desember 2023 dan 2022, Bank As of 31 December 2023 and 2022, the Bank
memenuhi seluruh persyaratan yang disebutkan complied with all the requirements mentioned in the
dalam perjanjian pinjaman subordinasi. subordinated loan agreements.
147
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. LIABILITAS LAIN-LAIN 25. OTHER LIABILITIES
31 Desember/December
2023 2022
Transaksi ATM, transfer dan ATM transaction, transfer and
tagihan merchant 253,284) 104,390 merchant bills
Term Deposit DHE 250,201) - DHE Term Deposit
Pendapatan ditangguhkan 102,106) 70,866 Unearned income
Beban Standby Letter of Credit Accrued Standby Letter of Credit
yang masih harus dibayarkan 81,244) 99,880 fee
Utang premi asuransi kredit 53,828) 30,995 Loan insurance premium payable
Cadangan kerugian penurunan nilai Allowance for impairment losses -
- komitmen 52,990) 89,448 commitment
Utang kepada pihak ketiga 37,685) 140,044 Payable to third parties
Komisi asuransi diterima dimuka 11,667) 31,667 Up-front insurance commission
Utang premi asuransi lainnya 11,184) 17,035 Other insurance premium payable
Klaim asuransi 4,009) 10,880 Insurance claim
Lainnya 217,310) 145,074 Others
1,075,508) 740,279
Transaksi ATM, transfer dan tagihan merchant ATM transaction, transfer and merchant bills consist
merupakan hutang atas transaksi ATM dan transfer of payables from Bank ATM transaction and transfer
antar bank yang akan diselesaikan pada hari kerja to other banks that will be settled on the next working
berikutnya, serta transaksi dengan merchant melalui day and transactions with merchants via payment
gerbang pembayaran. gateway.
Term Deposit DHE adalah instrumen untuk DHE Term Deposit is an instrument to facilitate the
memfasilitasi penempatan DHE oleh eksportir di placement of DHE by exporters at Bank Indonesia,
Bank Indonesia, dengan mekanisme pass on with a pass-on mechanism for bank transactions with
transaksi bank dengan nasabah (eksportir) kepada customers (exporters) to Bank Indonesia. The Bank
Bank Indonesia. Bank mencatat Term Deposit DHE records DHE Term Deposit in the other assets
tersebut pada akun aset lain-lain dan kewajiban account and liabilities to customers (exporters) in the
kepada nasabah (eksportir) pada akun liabilitas lain- other liabilities account with same amount.
lain dengan nilai yang sama.
Pendapatan ditangguhkan terdiri atas pendapatan Unearned income consists of deferred income from
dari pembelian wesel ekspor yang ditangguhkan. export bills purchase.
Beban standby letter of credit yang masih harus Accrued standby letter of credit fees are expense for
dibayarkan merupakan beban yang masih harus standby letter of credit related to loans that has not
dibayar atas standby letter of credit terkait dengan been paid.
pinjaman yang diberikan.
Utang premi asuransi kredit terdiri dari pembayaran Loan insurance premium payable consists of
premi asuransi yang telah diterima dari debitur insurance premium payment from debtors but not yet
namun belum dibayarkan kepada perusahaan paid to the insurance companies.
asuransi.
148
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. LIABILITAS LAIN-LAIN (lanjutan) 25. OTHER LIABILITIES (continued)
Utang kepada pihak ketiga sebagian besar Payables to third parties mainly represent payable to
merupakan utang kepada mitra bisnis Entitas Anak, Subsidiary’s business partner, payable related to
utang terkait informasi dan teknologi dan informasi information and technology (IT) and payable to
(TI) dan utang kepada ASABRI. ASABRI.
Komisi asuransi diterima dimuka merupakan komisi Up-front insurance commission represents
yang diterima dari Allianz atas penjualan produk- commission received from Allianz for the sales of
produk asuransi kepada nasabah Bank melalui insurance products to the Bank’s customers through
seluruh saluran distribusi Bank. all Bank’s distribution channels.
Utang premi asuransi lainnya merupakan premi Other insurance premium payables are employees
terutang atas asuransi karyawan Grup. insurance premium payables of the Group.
Klaim asuransi terdiri dari dana yang diterima dari Insurance claim represents funds received from
hasil klaim asuransi atas nasabah kredit pensiun insurance claim on pensioner debtors who passed
yang meninggal dunia dan pencatatan sementara away and a temporary record of refund of Bank’s
penerimaan kembali premi asuransi Bank. Dana insurance premium. The received fund would be in
yang diterima akan berada dalam akun ini sampai this account until the Bank can identify the specific
Bank dapat mengidentifikasi kontrak terkait. contract.
Lainnya terutama terdiri dari akun tampungan Others mainly consist of temporary account for
sementara atas penerimaan pembayaran dimuka upfront funds received from debtors, which will be
dari debitur, yang akan didebitkan pada waktu debited upon future contract settlement period.
penyelesaian kewajiban kontrak dengan debitur di
masa mendatang.
26. DANA SYIRKAH TEMPORER 26. TEMPORARY SYIRKAH FUNDS
Grup menyajikan dana syirkah temporer The Group presented temporary syirkah funds in
sehubungan dengan kepemilikan Bank atas Entitas relation to the Bank’s ownership in the Subsidiary
Anak yang bergerak di bidang perbankan syariah. which engages in sharia banking industry.
31 Desember/December
2023 2022
Simpanan nasabah: Deposits from customer:
Tabungan mudharabah 889,954 763,666) Mudharabah saving deposits
Deposito mudharabah 9,030,866 9,079,595) Mudharabah time deposits
9,920,820 9,843,261)
a. Tabungan mudharabah a. Mudharabah savings deposits
Berdasarkan hubungan dengan pihak lawan: By relationship with counterparties:
31 Desember/December
2023 2022
Pihak ketiga 887,890 763,070) Third parties
Pihak berelasi 2,064 596) Related parties
889,954 763,666)
149
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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)
26. DANA SYIRKAH TEMPORER (lanjutan) 26. TEMPORARY SYIRKAH FUNDS (continued)
a. Tabungan mudharabah (lanjutan) a. Mudharabah savings deposits (continued)
Berdasarkan jenis produk: By product type:
31 Desember/December
2023 2022
Tepat Tabungan Platinum Bisnis 482,900 508,799 Tepat Tabungan Platinum Bisnis
Tepat Tabungan Platinum 404,721 254,867 Tepat Tabungan Platinum
Tepat Tabungan Payroll 1,798 - Tepat Tabungan Payroll
Tepat Tabungan Rencana 535 - Tepat Tabungan Rencana
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
berakhir pada tanggal 31 Desember 2023 dan for the years ended 31 December 2023 and
2022 adalah sebagai berikut: 2022 were as follows:
31 Desember/December 2023
Nisbah (%)/ Tingkat bagi hasil (%)/
Pre-determined ratio (%) Profit sharing rate (%)
Tabungan mudharabah 2.52% 2.99% Mudharabah savings deposits
31 Desember/December 2022
Nisbah (%)/ Tingkat bagi hasil (%)/
Pre-determined ratio (%) Profit sharing rate (%)
Tabungan mudharabah 2.68% 3.10% Mudharabah savings deposits
Pada tanggal 31 Desember 2023 dan 2022, As of 31 December 2023 and 2022, there were
tidak ada saldo tabungan mudharabah yang no mudharabah saving deposits which were
diblokir atau dijadikan jaminan pembiayaan. blocked or pledged for financing.
b. Deposito mudharabah b. Mudharabah time deposits
31 Desember/December
2023 2022
Pihak ketiga 8,997,932 9,043,060) Third parties
Pihak berelasi 32,934 36,535) Related parties
9,030,866 9,079,595)
Berdasarkan jangka waktu By time period
31 Desember/December
2023 2022
Bukan Bank Non-Bank
Lebih dari 1 - 3 bulan 8,721,511 8,786,784) More than 1 - 3 months
Lebih dari 3 - 6 bulan 299,222 280,994) More than 3 - 6 months
Lebih dari 6 - 9 bulan - 2,000) More than 6 - 9 months
Lebih dari 9 - 12 bulan 10,111 9,795) More than 9 - 12 months
Lebih dari 12 bulan 22 22) More than 12 months
9,030,866 9,079,595)
150
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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)
26. DANA SYIRKAH TEMPORER (lanjutan) 26. TEMPORARY SYIRKAH FUNDS (continued)
b. Deposito mudharabah (lanjutan) b. Mudharabah time deposits (continued)
Berdasarkan sisa umur sampai jatuh tempo By remaining period to maturity date
31 Desember/December
2023 2022
Bukan Bank Non-Bank
Hingga 1 bulan 7,329,602 7,513,812) Up to 1 month
Lebih dari 1 - 3 bulan 1,467,881 1,378,351) More than 1 - 3 months
Lebih dari 3 - 6 bulan 227,896 180,550) More than 3 - 6 months
Lebih dari 6 - 9 bulan 1,193 3,385) More than 6 - 9 months
Lebih dari 9 - 12 bulan 4,294 3,475) More than 9 - 12 months
Lebih dari 12 bulan - 22) More than 12 months
9,030,866 9,079,595)
Pada tanggal 31 Desember 2023, saldo deposito As of 31 December 2023, mudharabah time deposits
mudharabah yang diblokir atau dijadikan sebagai which were blocked or pledged for financing
jaminan atas pembiayaan sebesar Rp 8.000 amounted to Rp 8,000 (31 December 2022: no
(31 Desember 2022: tidak ada deposito yang deposits were blocked).
diblokir).
Nisbah dan tingkat bagi hasil rata-rata untuk The average of pre-determined ratio (nisbah) and
deposito mudharabah selama tahun-tahun berakhir profit sharing rate for mudharabah time deposits
31 Desember 2023 dan 2022 adalah sebagai during the years ended 31 December 2023 and 2022
berikut: were as follows:
31 Desember/December 2023
Nisbah (%)/ Tingkat bagi hasil (%)/ Profit
Pre-determined Ratio (%) sharing rate (%)
1 bulan 9.00% 4.88% 1 month
3 bulan 8.93% 4.97% 3 months
6 bulan 8.76% 4.80% 6 months
12 bulan 8.13% 4.79% 12 months
31 Desember/December 2022
Nisbah (%)/ Tingkat bagi hasil (%)/ Profit
Pre-determined Ratio (%) sharing rate (%)
1 bulan 7.71%) 3.82%) 1 month
3 bulan 7.77%) 3.81%) 3 months
6 bulan 7.89%) 3.82%) 6 months
12 bulan 8.24%) 4.23%) 12 months
151
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. MODAL SAHAM 27. SHARE CAPITAL
Susunan pemegang saham Bank pada tanggal Based on the share registrant record from Biro
31 Desember 2023 dan 2022 berdasarkan catatan Administrasi Efek, the composition of the Bank’s
yang dibuat oleh Biro Administrasi Efek adalah shareholders composition as of 31 December 2023
sebagai berikut: and 2022 was as follows:
31 Desember/December 2023
Lembar saham/ Persentase/
Pemegang saham Number of shares Percentage Jumlah/Total Shareholder
Sumitomo Mitsui Banking Sumitomo Mitsui Banking
Corporation 7,332,311,297 89.977% 146,646 Corporation
PT Bank Central Asia Tbk 83,052,408 1.019% 1,661 PT Bank Central Asia Tbk
PT Bank Negara Indonesia PT Bank Negara Indonesia
(Persero) Tbk 12,007,137 0.147% 240 (Persero) Tbk
Direksi The Board of Directors
Merisa Darwis 222,358 0.003% 4 Merisa Darwis
Henoch Munandar 173.756 0.002% 3 Henoch Munandar
Hanna Tantani 148,154 0.002% 3 Hanna Tantani
Dini Herdini 118,572 0.001% 2 Dini Herdini
Darmadi Sutanto 89,120 0.001% 2 Darmadi Sutanto
Kaoru Furuya 3,000 0.000% 0 Kaoru Furuya
Dewan Komisaris The Board of Commissioners
Ongki Wanadjati Dana 860,804 0.011% 17 )Ongki Wanadjati Dana
Publik 627,828,065 7.704% 12,558 Public
8,056,814,671 98.867% 161,136
Saham tresuri 92,292,198 1.133% 1,846 Treasury shares
8,149,106,869 100.000% 162,982
31 Desember/December 2022
Lembar saham/ Persentase/
Pemegang saham Number of shares Percentage Jumlah/Total Shareholder
Sumitomo Mitsui Banking Sumitomo Mitsui Banking
Corporation 7,532,311,297) 92.431%) 150,647) Corporation
PT Bank Central Asia Tbk 83,052,408) 1.019%) 1,661) PT Bank Central Asia Tbk
PT Bank Negara Indonesia PT Bank Negara Indonesia
(Persero) Tbk 12,007,137) 0.147%) 240) (Persero) Tbk
Direksi ) The Board of Directors
Darmadi Sutanto 311,120) 0.004%) 6) Darmadi Sutanto
Merisa Darwis 220,858) 0.003%) 4) Merisa Darwis
Henoch Munandar 172,256) 0.002%) 3) Henoch Munandar
Hanna Tantani 146,654) 0.002%) 3) Hanna Tantani
Dini Herdini 117,072) 0.001%) 2) Dini Herdini
Hiromichi Kubo 64,164) 0.001%) 1) Hiromichi Kubo
Kaoru Furuya 1,500) 0.000%) 0) Kaoru Furuya
Kan Funakoshi 1,500) 0.000%) 0) Kan Funakoshi
Dewan Komisaris The Board of Commissioners
Ongki Wanadjati Dana 860,804) 0.011%) 17) Ongki Wanadjati Dana
Publik 427,377,301) 5.244%) 8,549) Public
8,056,644,071) 98.865%) 161,133)
Saham tresuri 92,462,798) )1.135%) 1,849) Treasury shares
8,149,106,869) 100.000%) 162,982)
Pemegang saham publik terdiri dari pemegang Public shareholders consist of shareholders whose
saham yang memiliki kurang dari 5% jumlah saham ownership are less than 5% of outstanding shares.
beredar. Seluruh saham yang beredar adalah All the outstanding shares are ordinary shares.
saham biasa.
152
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. MODAL SAHAM (lanjutan) 27. SHARE CAPITAL (continued)
Perubahan komposisi kepemilikan saham Changes in share ownership composition
Sesuai dengan Peraturan Bursa Efek Indonesia, In accordance with the Indonesia Stock Exchange
jumlah saham yang dimiliki oleh pemegang saham Regulation, the number of shares owned by non
bukan pengendali dan bukan pemegang saham controlling shareholders and non majority
utama adalah minimum sebesar 7,5% dari jumlah shareholders is at the minimum of 7.5% of total
saham yang diterbitkan oleh Bank (Saham Free issued shares of the Bank (Free Float Shares).
Float). Oleh karenanya, SMBC telah menjual 200 Therefore, SMBC sold 200 million of its shares on
juta lembar sahamnya pada tanggal 12 December 2023 with the selling price of Rp 2,600
12 Desember 2023 dengan harga jual Rp 2.600 (full amount) per share. The compliance with Free
(nilai penuh) per saham. Pemenuhan ketentuan Float Shares requirement has changed the SMBC’s
Saham Free Float ini telah menyebabkan ownership from 92.43% to 89.98%.
kepemilikan SMBC berubah dari 92,43% ke 89,98%.
28. PENGGUNAAN LABA BERSIH 28. APPROPRIATION OF NET INCOME
Para pemegang saham menyetujui penggunaan The shareholders approved the appropriation of net
laba bersih untuk tahun yang berakhir pada tanggal income for the year ended 31 December 2022 based
31 Desember 2022 berdasarkan akta notaris No. 31 on notarial deed No. 31 dated 13 April 2023 of Notary
tanggal 13 April 2023 dari Notaris Ashoya Ratam, Ashoya Ratam, S.H., Mkn as follows: (1) the Bank
S.H., Mkn sebagai berikut: (1) Bank akan shall distribute dividend to the shareholders for 20%
membagikan dividen kepada para pemegang (twenty percent) of Net Profit or more or less
saham sejumlah 20% dari Laba Bersih atau kurang Rp 619,140 or estimated at Rp 76,8 per share (full
lebih sebesar Rp 619.140 atau kurang lebih sebesar amount); (2) the Bank not allocate any reserve of the
Rp 76,8 per lembar saham (nilai penuh); (2) Bank Bank, in regards to the minimum statutory reserve as
tidak menyisikan cadangan wajib Bank, mengingat stipulated in the Article 70 of the Limited Liability
persyaratan minimum cadangan wajib sebagaimana Company Law, i.e. minimum 20% of the Issued and
diatur dalam UUPT, yaitu minimum 20% dari Modal Fully Paid-Up Capital of the Company has been
Ditempatkan dan Disetor Penuh Perseroan telah complied; and (3) the remaining balance of the net
terpenuhi; dan (3) Sisa dari total laba bersih yang income earned by the Bank in financial year ended
diperoleh Bank untuk tahun buku yang berakhir on 31 December 2022 after being deducted with the
pada tanggal 31 Desember 2022 setelah dikurangi allocation for Dividend shall be declared as
penyisihan Dividen dinyatakan sebagai saldo laba unappropriated retained earnings.
yang belum ditentukan penggunaannya.
Pada tanggal 12 Mei 2023, PT Kustodian Sentral On 12 May 2023, PT Kustodian Sentral Efek
Efek Indonesia telah melakukan distribusi dividen Indonesia has distributed Bank’s cash dividends to
tunai Bank kepada pemegang saham sesuai Daftar Shareholders based on Shareholders List on
Pemegang Saham pada tanggal 3 Mei 2023 3 May 2023 (recording date).
(tanggal pencatatan).
Para pemegang saham menyetujui penggunaan The shareholders approved the appropriation of net
laba bersih untuk tahun yang berakhir pada tanggal income for the year ended 31 December 2021 based
31 Desember 2021 berdasarkan akta notaris No. 44 on notarial deed No. 44 dated 21 April 2022 of Notary
tanggal 21 April 2022 dari Notaris Ashoya Ratam, Ashoya Ratam, S.H., Mkn as follows: (1) the Bank
S.H., Mkn sebagai berikut: (1) Bank membukukan booked appropriated retained earnings amounting to
saldo laba yang sudah ditentukan penggunaannya Rp 700,000 (full amount) and (2) the remaining
sebesar Rp 700.000 (nilai penuh) dan (2) sisa dari balance of the net income earned by the Bank in
total laba bersih yang diperoleh Bank untuk tahun financial year ended on 31 December 2021 shall be
buku yang berakhir pada tanggal 31 Desember 2021 declared as unappropriated retained earnings.
dinyatakan sebagai saldo laba yang belum
ditentukan penggunaannya.
153
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. PENDAPATAN BUNGA DAN PENDAPATAN 29. INTEREST INCOME AND SHARIA INCOME
SYARIAH
Tahun berakhir 31 Desember/
Years ended 31 December
2023 2022
Pendapatan bunga Interest income
Pihak ketiga: Third parties:
Pinjaman yang diberikan 11,575,894) 9,454,373) Loans
Giro dan penempatan pada Bank Current accounts and placements with
Indonesia 668,093) 450,674) Bank Indonesia
Efek-efek 587,357) 576,758) Securities
Giro dan penempatan pada bank-bank Current accounts and placements with
lain 27,519) 9,764) other banks
Efek-efek yang dibeli dengan janji dijual
kembali 436) -) Reverse repo
12,859,299) 10,491,569)
Pihak berelasi: Related parties:
Pinjaman yang diberikan 210,192) 30,516) Loans
Efek-efek -) 3,767) Securities
Penempatan pada bank-bank lain -) 4) Placements with other banks
210,192) 34,287)
13,069,491) 10,525,856)
Pendapatan syariah Sharia income
Pihak ketiga: Third parties:
Pendapatan dari jual beli - marjin Income from sales and purchases -
murabahah 5,299,422) 5,048,219) murabahah margin
Pendapatan dari piutang lainnya - Qardh 182) 120) Income from other receivables - Qardh
Pendapatan dari bagi hasil - pembiayaan Revenue from profit sharing -
musyarakah 4,727) 3,289) musyarakah financing
Pendapatan usaha utama lainnya 441,851) 322,162) Other main operating income
5,746,182) 5,373,790)
18,815,673) 15,899,646)
Pendapatan usaha utama lainnya dari pendapatan Other main operating income from sharia income are
syariah merupakan pendapatan dari investasi pada income from investment in marketable securities,
surat berharga, SBIS, FASBIS, SIMA dan SBIS, FASBIS, SIMA and placement in deposits .
penempatan pada deposito.
30. BEBAN BUNGA DAN HAK PIHAK KETIGA ATAS 30. INTEREST EXPENSE AND THIRD PARTIES’
BAGI HASIL DANA SYIRKAH TEMPORER SHARES ON RETURN OF TEMPORARY SYIRKAH
FUNDS
Tahun berakhir 31 Desember/
Years ended 31 December
2023 2022
Beban bunga Interest expenses
Pihak ketiga: Third parties:
Simpanan nasabah Customer deposits
Deposito berjangka 2,287,754) 1,818,984) Time deposits
Deposito on call 656,555) 1,534) Deposits on call
Giro 447,275) 327,628) Current accounts
Tabungan 200,387) 142,012) Saving deposits
3,591,971) 2,290,158)
Pinjaman yang diterima 814,930) 390,695) Borrowings
Simpanan dari bank-bank lain 72,452) 60,648) Deposits from other banks
Utang obligasi (Catatan 20) 16,013) 73,082) Bonds payables (Note 20)
Liabilitas sewa 18,162) 26,480) Lease liabilities
) )
Dipindahkan 4,513,528) 2,841,063) Carry forward
154
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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)
30. BEBAN BUNGA DAN HAK PIHAK KETIGA ATAS 30. INTEREST EXPENSE AND THIRD PARTIES’
BAGI HASIL DANA SYIRKAH TEMPORER SHARES ON RETURN OF TEMPORARY SYIRKAH
(lanjutan) FUNDS (continued)
Tahun berakhir 31 Desember/
Years ended 31 December
2023 2022
Pindahan 4,513,528) 2,841,063) Carried forward
Beban bunga Interest expenses
Pihak berelasi: Related parties:
Simpanan nasabah Customer deposits
Deposito on call 13,535) -) Deposits on call
Deposito berjangka 6,205) 46,654) Time deposits
Tabungan 365) 2,816) Saving deposits
Giro 11) 99) Current accounts
20,116) 49,569)
Pinjaman yang diterima 1,526,140) 880,225) Borrowings
Pinjaman subordinasi 203,739) 105,471) Subordinated loans
Simpanan dari bank-bank lain 21,654) 563) Deposits from other banks
1,771,649) 1,035,828)
Beban syariah Sharia expenses
Hak pihak ketiga atas bagi hasil dana Third parties’ shares on return of
syirkah temporer temporary syirkah funds
Pihak ketiga 483,643) 338,403) Third parties
Pihak berelasi 1,970) 1,787) Related parties
Pinjaman yang diterima 820) 4,250) Borrowings
486,433) 344,440)
6,771,610) 4,221,331)
31. PENDAPATAN OPERASIONAL LAINNYA 31. OTHER OPERATING INCOME
Tahun berakhir 31 Desember/
Years ended 31 December
2023 2022
Pendapatan dari penerimaan kembali Income from recovery of written-off
kredit yang dihapusbukukan 341,564) 243,709) loans
Pendapatan administrasi dana pihak Third party fund administration
ketiga 317,635) 315,821) income
Pendapatan komisi atas pinjaman
yang diberikan 278,551) 193,369) Loan commission income
Pendapatan dari penjualan produk Income from sale of investment
investasi 96,677) 119,833) products
Denda pelunasan dipercepat dan Early termination penalty and late
keterlambatan 92,658) 84,026) penalty income
Pendapatan transaksi perdagangan
efek-efek - bersih 66,704) 38,619) Securities trading income - net
Pendapatan dari komisi asuransi 54,570) 25,183) Insurance commission income
Jasa penerbitan garansi 31,946) 30,069) Guarantee fees
Pendapatan komisi lainnya 21,766) 77,379) Others commission income
Penerimaan kembali dari kerugian
operasional 10,560) 3,459) Operational loss recovery
Jasa kliring dan transfer 1,893) 17,802) Clearing and transfer fees
Lain-lain 109,425) 78,861) Others
1,423,949) 1,228,130)
Pendapatan komisi atas pinjaman yang diberikan Loan commission income are administration income
adalah pendapatan administrasi yang diperoleh dari received from bank’s loans.
pinjaman yang diberikan oleh bank.
Pendapatan dari penjualan produk investasi adalah Income from sale of investment products are
pendapatan komisi dari pihak ketiga atas produk commission income received from third party related
investasi yang dijual melalui Bank. with invesment product that are sold through the Bank.
155
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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)
31. PENDAPATAN OPERASIONAL LAINNYA 31. OTHER OPERATING INCOME (continued)
(lanjutan)
Pendapatan dari komisi asuransi adalah Insurance commission income are income from
pendapatan atas komisi yang diterima oleh Bank commission received by the Bank based on
berdasarkan perjanjian yang telah disepakati agreements with insurance companies: Allianz,
dengan perusahaan asuransi: Allianz, Avrist, Avrist, (Note 11n) and insurance of collateral.
(Catatan 11n) dan asuransi jaminan.
Lain-lain termasuk jasa cash handling, jasa payment Others consist of cash handling services, payment
point dan pendapatan dividen. point service and dividend income.
32. BEBAN KEPEGAWAIAN 32. PERSONNEL EXPENSES
Tahun berakhir 31 Desember/
Years ended 31 December
2023 2022
Gaji, upah, bonus dan tantiem 2,173,303) 1,992,365) Salaries, wages, bonus and tantiem
Imbalan pascakerja 128,404) 51,675) Post-employment benefits
Imbalan kerja jangka panjang lainnya 9,163) 7,150) Other long term employee benefits
Tunjangan hari raya 445,952) 468,729) Holiday allowances
Tunjangan pajak 227,232) 208,955) Tax allowances
Tunjangan kesehatan 198,821) 164,366) Medical benefits
Tunjangan representasi 156,136) 115,813) Representation allowance
Jamsostek 100,042) 91,772) Jamsostek
Pendidikan dan latihan 93,275) 75,110) Training and education
Tunjangan program kepemilikan ) Car ownership program
kendaraan 60,398) 57,957) allowance
Tunjangan telepon 41,140) 38,530) Telephone allowance
Tunjangan perumahan 21,543) 21,265) Housing allowance
Lain-lain 101,069) 109,632) Others
3,756,478) 3,403,319)
Termasuk dalam beban kepegawaian adalah gaji Included under personnel expenses are salaries and
dan kompensasi lainnya yang dibayarkan kepada other compensations paid to the Board of Directors,
Direksi, Dewan Komisaris dan Komite Audit. Board of Commissioners and Audit Committee.
Lain-lain terdiri dari tunjangan marketing, akomodasi Others consist of marketing allowances, employees
karyawan dan lainnya. accomodation and others.
33. BEBAN UMUM DAN ADMINISTRASI 33. GENERAL AND ADMINISTRATIVE EXPENSES
Tahun berakhir 31 Desember/
Years ended 31 December
2023 2022
Jasa dari pihak ketiga dan perlengkapan Services from third parties and office
kantor 838,500) 862,218) supplies
Sewa 603,837) 533,802) Rent
Beban asuransi 478,693) 470,738) Insurance expense
Amortisasi piranti lunak (Catatan 15) 316,310) 351,114) Amortization of software (Note 15)
Promosi dan iklan 282,754) 260,947) Promotion and advertising
Penyusutan aset tetap (Catatan 14) 238,251) 257,957) Depreciation of fixed assets (Note 14)
Penyusutan aset hak guna Depreciation of right-of-use assets
(Catatan 14) 211,586) 225,718) (Note 14)
Jasa profesional 177,600) 164,660) Professional fees
Pemeliharaan dan perbaikan 103,330) 84,290) Repairs and maintenance
Lain-lain 22,905) 60,571) Others
3,273,766) 3,272,015)
Jasa dari pihak ketiga dan perlengkapan kantor Services from third parties and office supplies consist
terdiri dari beban honorarium, perjalanan dinas, of expenses from honorarium, business travelling,
tagihan kantor pos, beban listrik, air dan telepon, post office billing, uitilities, data communication, office
komunikasi data, peralatan kantor dan jasa supplies, and delivery services.
pengiriman.
Lain-lain termasuk pajak reklame, pajak kendaraan, Others consist of advertisement tax, vehicle tax,
pajak daftar perusahaan, dan beban lain-lain Entitas company registration tax and Subsidiary’s
Anak. miscellaneous expenses.
156
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. CADANGAN KERUGIAN PENURUNAN NILAI 34. PROVISION FOR IMPAIRMENT LOSSES
Tahun berakhir 31 Desember/
Years ended 31 December
2023 2022
Pinjaman yang diberikan dan Loans and sharia financing/
pembiayaan/piutang syariah (Catatan 11g) 3,029,571) 1,754,676) receivables (Note 11g)
Komitmen pinjaman yang diberikan (36,146) 34,359) Loan commitments issued
Efek-efek (Catatan 8h) (365) 481) Securities (Note 8h)
Penempatan pada Bank Indonesia dan Placements with Bank Indonesia and
bank-bank lain (Catatan 7g) (167) (42) other banks (Note 7g)
Giro pada bank-bank lain (Catatan 6) (256) (44) Current accounts with other banks (Note 6)
Tagihan akseptasi (Catatan 10d) 4,217) (1,576) Acceptance receivables (Note 10d)
Aset lain-lain (Catatan 16) 53,065) 52,313) Other assets (Note 16)
Penyisihan selama tahun berjalan 3,049,919) 1,840,167) Provision during the year
35. BEBAN OPERASIONAL LAINNYA 35. OTHER OPERATING EXPENSES
Tahun berakhir 31 Desember/
Years ended 31 December
2023 2022
Beban komisi dan administrasi 384,297) 311,269) Commissions and administrative fees
Iuran tahunan OJK 96,333) 94,861) OJK annual fee
Kerugian terkait risiko operasional 19,193) 7,620) Loss from operational risk
Beban rumah tangga 13,330) 13,485) Household expenses
Beban pengembangan komunitas 7,263) 40,544) Community development expenses
Rekrutmen 4,176) 3,837) Recruitment
Beban pengurusan klaim asuransi 2,985) 3,466) Insurance claim expenses
Beban retribusi 2,834) 2,717) Retribution expenses
Lain-lain 45,897) 39,954) Others
576,308) 517,753)
Lain-lain termasuk beban jamuan, beban Others consist of entertainment expenses,
keanggotaan dan beban penyelesaian kredit. membership fees and credit settlement charges.
36. INFORMASI MENGENAI PIHAK BERELASI 36. RELATED PARTY INFORMATION
Dalam kegiatan usahanya, Grup melakukan In the normal course of business, the Group engages
transaksi dengan pihak-pihak berelasi, terutama in transactions with related parties, primarily
meliputi transaksi-transaksi keuangan. consisting of financial transactions.
Di bawah ini adalah ikhtisar pihak-pihak berelasi The following is a summary of related parties who
yang bertransaksi dengan Grup, termasuk sifat have transactions with the Group, including the
hubungan dan sifat transaksinya: nature of the relationships and transactions:
Pihak berelasi/ Sifat hubungan/ Sifat transaksi/
Related parties Nature of relationships Nature of transactions
Sumitomo Mitsui Banking Pemegang saham pengendali/ Giro pada bank lain; simpanan dari
Corporation, Tokyo Controlling shareholders bank lain; transaksi derivatif; liabilitas
akseptasi/
Current accounts with other banks; deposits
from other banks; derivative transactions;
acceptance payables
Sumitomo Mitsui Banking Perusahaan afiliasi/affiliated company Giro pada bank lain; simpanan dari
Corporation, bank lain; liabilitas akseptasi; pinjaman yang
Singapura/Singapore diterima; pinjaman subordinasi; transaksi
derivatif/ Current accounts with other banks;
deposits from other banks; acceptance
payables; borrowings; subordinated loans;
derivative transactions
Sumitomo Mitsui Banking Perusahaan afiliasi/affiliated company Giro pada bank lain; simpanan dari
Corporation, Cabang Hong bank lain; transaksi derivatif/
Kong/Hong Kong Branch Current accounts with other banks; deposits
from other banks;
derivative transactions
157
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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)
36. INFORMASI MENGENAI PIHAK BERELASI 36. RELATED PARTY INFORMATION (continued)
(lanjutan)
Pihak berelasi/ Sifat hubungan/ Sifat transaksi/
Related parties Nature of relationships Nature of transactions
Sumitomo Mitsui Banking Perusahaan afiliasi/affiliated company Giro pada bank lain/
Corporation Bank Current accounts with other banks
International plc, London
Sumitomo Mitsui Banking Perusahaan afiliasi/affiliated company Giro pada bank lain/
Corporation, Cabang Current accounts with other banks
Dusseldorf/Dusseldorf
Branch
Sumitomo Mitsui Banking Perusahaan afiliasi/affiliated company Simpanan dari bank lain/
Corporation, Malaysia Deposits from other banks
Berhad
Sumitomo Mitsui Banking Perusahaan afiliasi/affiliated company Giro pada bank lain; simpanan dari
Corporation, Bangkok bank lain; transaksi derivatif/ Current
accounts with other banks; deposits from
other banks; derivative transactions
Sumitomo Mitsui Banking Perusahaan afiliasi/affiliated company Efek-efek/
Corporation, Seoul Securities
Sumitomo Mitsui Banking Perusahaan afiliasi/affiliated company Giro pada bank lain/
Corporation, New York Current accounts with other banks
Sumitomo Mitsui Banking Perusahaan afiliasi/affiliated company Giro pada bank lain/
Corporation, New Delhi Current accounts with other banks
PT SMFL Leasing Indonesia Perusahaan afiliasi/affiliated company Simpanan nasabah; pinjaman yang
diberikan; transaksi derivatif/
Deposits from customers; loans;
derivative transactions
PT Oto Multiartha Perusahaan afiliasi/affiliated company Simpanan nasabah; pinjaman yang
diberikan; transaksi derivatif/
Deposits from customers; loans;
derivative transactions
PT Summit Oto Finance Perusahaan afiliasi/affiliated company Simpanan nasabah; pinjaman yang
diberikan; transaksi derivatif/
Deposits from customers; loans; derivative
transactions
PT INA Sekuritas Indonesia Perusahaan afiliasi/affiliated company Simpanan nasabah/
(dahulu bernama PT Nikko Deposits from customers
Sekuritas Indonesia)
PT SBCS Indonesia Perusahaan afiliasi/affiliated company Simpanan nasabah/
Deposits from customers
Personil manajemen kunci/ Direktur, Komisaris dan pejabat Pinjaman yang diberikan, simpanan
Key Management Personnel eksekutif/Directors, Commissioners nasabah, pembayaran kompensasi dan
and executive employees remunerasi, imbalan pascakerja/
Loans, deposits from customers, payments of
compensation and remuneration, post-employment
benefits
Transaksi dengan pihak berelasi Transactions with related parties
Saldo dan rincian transaksi dengan pihak berelasi The outstanding balances and detail transactions
adalah sebagai berikut: with related parties were as follows:
(a) Giro pada bank-bank lain (a) Current accounts with other banks
31 Desember/December
2023 2022
Giro pada bank-bank lain Current accounts with other banks
Pihak berelasi 462,061) 639,707) Related party
Persentase terhadap jumlah aset 0.23%) 0.31%) Percentage to total assets
158
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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)
36. INFORMASI MENGENAI PIHAK BERELASI 36. RELATED PARTY INFORMATION (continued)
(lanjutan)
Transaksi dengan pihak berelasi (lanjutan) Transactions with related parties (continued)
(a) Giro pada bank-bank lain (a) Current accounts with other banks
Tahun berakhir 31 Desember/
Years ended 31 December
2023 2022
Pendapatan bunga -) -) Interest income
Persentase terhadap jumlah
pendapatan bunga -) -) Percentage to total interest income
(b) Efek-efek (b) Securities
31 Desember/December
2023 2022
Efek-efek Securities
Pihak berelasi -) 185,510) Related party
-) 185,510)
Pendapatan bunga
yang masih akan diterima -) 2,075) Accrued interest income
-) 187,585)
Persentase terhadap jumlah aset -) 0.09%) Percentage to total assets
Tahun berakhir 31 Desember/
Years ended 31 December
2023 2022
Pendapatan bunga -) 3,767) Interest income
Persentase terhadap jumlah
pendapatan bunga -) 0.04%) Percentage to total interest income
(c) Tagihan derivatif (c) Derivative receivables
31 Desember/December
2023 2022
Tagihan derivatif Derivative receivables
Pihak berelasi 496,225) 615,160) Related party
Persentase terhadap jumlah aset 0.25%) 0.29%) Percentage to total assets
(d) Pinjaman yang diberikan (d) Loans
31 Desember/December
2023 2022
Pinjaman yang diberikan Loans
Personil manajemen kunci 17,944) 16,504) Key management personnel
Pihak berelasi 3,755,420) 2,370,889) Related parties
3,773,364) 2,387,393)
Pendapatan bunga
yang masih akan diterima 45,016) 19,863) Accrued interest income
3,818,380) 2,407,256)
Persentase terhadap jumlah aset 1.89%) 1.15%) Percentage to total assets
159
Page 548
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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)
36. INFORMASI MENGENAI PIHAK BERELASI 36. RELATED PARTY INFORMATION (continued)
(lanjutan)
Transaksi dengan pihak berelasi (lanjutan) Transactions with related parties (continued)
(d) Pinjaman yang diberikan (lanjutan) (d) Loans (continued)
Tahun berakhir 31 Desember/
Years ended 31 December
2023 2022
Pendapatan bunga: Interest income:
Personil manajemen kunci 584) 454) Key management personnel
Pihak berelasi 209,608) 30,062) Related parties
210,192) 30,516)
Persentase terhadap jumlah
pendapatan bunga 1.61%) 0.29%) Percentage to total interest income
Suku bunga atas pinjaman yang diberikan Interest rate charged on loan to key
kepada personil manajemen kunci adalah management personnel amounting 5% - 8% per
sebesar 5% - 8% per tahun dengan jangka annum with term between 1 - 20 years. Such
waktu pinjaman antara 1 - 20 tahun. Pinjaman loan is given without any specific collateral.
tersebut diberikan tanpa adanya jaminan
tertentu.
Pada tanggal 31 Desember 2023 dan 2022 There was no impairment on the loan to key
tidak terdapat penurunan nilai atas pinjaman management personnel as of 31 December
yang diberikan kepada personil manajemen 2023 and 2022.
kunci.
(e) Simpanan nasabah (e) Deposits from customers
31 Desember/December
2023 2022
Dana pihak ketiga Third party funds
Personil manajemen kunci: Key management personnel:
Giro -) -) Current accounts
Tabungan 88,170) 59,543) Savings deposits
Deposito berjangka dan deposito Time deposits and deposits
on call 106,928) 141,457) on call
195,098) 201,000)
Pihak berelasi: Related parties:
Giro 50,003) 57,708) Current accounts
Deposito on call 239,150) -) Deposits on call
Deposito berjangka 25) 822,176) Time deposits
289,178) 879,884)
484,276) 1,080,884)
Beban bunga yang masih harus
dibayarkan 728) 1,522) Accrued interest expense
485,004) 1,082,406)
Persentase terhadap jumlah liabilitas 0.32%) 0.68%) Percentage to total liabilities
Tahun berakhir 31 Desember/
Years ended 31 December
2023 2022
Beban bunga 20,116) 49,570) Interest expense
Persentase terhadap jumlah
beban bunga 0.32%) 1.28%) Percentage to total interest expenses
160
Page 549
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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)
36. INFORMASI MENGENAI PIHAK BERELASI 36. RELATED PARTY INFORMATION (continued)
(lanjutan)
Transaksi dengan pihak berelasi (lanjutan) Transactions with related parties (continued)
(e) Simpanan nasabah (lanjutan) (e) Deposits from customers (continued)
Dana pihak ketiga ditempatkan dalam giro, Third party funds are placed on current account,
tabungan maupun deposito berjangka. Tingkat saving accounts and time deposits. Interest rate
suku bunga yang diberikan oleh Bank adalah given by the Bank for the placement amounting
sebesar 0,01% - 6,00%. Untuk deposito to 0.01% - 6.00%. For time deposit depends on
berjangka tergantung tenor dan jumlah pokok tenor and principal amount.
deposito.
(f) Simpanan dari bank-bank lain (f) Deposits from other banks
31 Desember/December
2023 2022
Simpanan dari bank-bank lain 9,561,059) 147,352) Deposits from other banks
Beban bunga yang masih harus
dibayarkan 6,697) -) Accrued interest expenses
9,567,756) 147,352)
Persentase terhadap jumlah liabilitas 6.37%) 0.09%) Percentage to total liabilities
Tahun berakhir 31 Desember/
Years ended 31 December
2023 2022
Beban bunga 21,654) 563) Interest expense
Persentase terhadap jumlah
beban bunga 0.34%) 0.01%) Percentage to total interest expenses
(g) Liabilitas derivatif (g) Derivative liabilities
31 Desember/December
2023 2022
Liabilitas derivatif Derivative liabilities
Pihak berelasi 57,285) 124,091) Related party
Persentase terhadap jumlah liabilitas 0.04%) 0.08%) Percentage to total liabilities
(h) Liabilitas akseptasi (h) Acceptance payables
31 Desember/December
2023 2022
Liabilitas akseptasi Acceptance payables
Pihak berelasi 163,383) 199,232) Related party
Persentase terhadap jumlah liabilitas 0.11%) 0.12%) Percentage to total liabilities
(i) Pinjaman yang diterima (i) Borrowings
31 Desember/December
2023 2022
Pinjaman yang diterima 18,569,798) 37,257,744) Borrowings
Beban bunga yang masih harus
dibayarkan 13,110) 52,808) Accrued interest expenses
18,582,908) 37,310,552)
Persentase terhadap jumlah liabilitas 12.37%) 23.33%) Percentage to total liabilities
Tahun berakhir 31 Desember/
Years ended 31 December
2023 2022
Beban bunga Interest expense
Pihak berelasi 1,526,140) 880,225) Related party
Persentase terhadap jumlah
beban bunga 24.28%) 22.70%) Percentage to total interest expenses
161
Page 550
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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)
36. INFORMASI MENGENAI PIHAK BERELASI 36. RELATED PARTY INFORMATION (continued)
(lanjutan)
Transaksi dengan pihak berelasi (lanjutan) Transactions with related parties (continued)
(j) Pinjaman subordinasi (j) Subordinated loans
31 Desember/December
2023 2022
Pinjaman subordinasi 3,079,400) 3,113,500) Subordinated loans
Beban bunga yang masih harus
dibayarkan 10,960) 12,078) Accrued interest expenses
3,090,360) 3,125,578)
Persentase terhadap jumlah liabilitas 2.06%) 1.95%) Percentage to total liabilities
Tahun berakhir 31 Desember/
Years ended 31 December
2023 2022
Beban bunga: Interest expense:
Pihak berelasi 203,739) 105,471) Related party
Persentase terhadap jumlah
beban bunga 3.24%) 2.72%) Percentage to total interest expenses
(k) Dana syirkah temporer (k) Temporary syirkah funds
31 Desember/December
2023 2022
Simpanan nasabah Deposits from customers
Personil manajemen kunci: Key management personnel:
Tabungan mudharabah 2,064) 596) Mudharabah saving deposits
Deposito mudharabah 32,934) 36,535) Mudharabah time deposits
34,998) 37,131)
Persentase terhadap jumlah hak pihak Percentage to total third parties’
ketiga atas bagi hasil syirkah shares on return of temporary
temporer 0.35%) 0.38%) syirkah funds
Tahun berakhir 31 Desember/
Years ended 31 December
2023 2022
Hak atas bagi hasil dana syirkah Shares on return of temporary
temporer 1,970) 1,787) syirkah funds
Persentase terhadap beban bagi hasil 0.40%) 0.52%) Percentage to total profit-sharing
(l) Kompensasi dan remunerasi personil (l) Compensation and remuneration of key
manajemen kunci management personnel
Kompensasi yang dibayar atau terutang pada The compensation paid or payable to key
manajemen kunci atas jasa kepegawaian management for employee services is shown
adalah sebagai berikut: below:
31 Desember/December 2023
Personil manajemen kunci
Dewan Komisaris/Board of lainnya/Other key
Direksi/Board of Directors Commissioners management personnel
%* Rp %* Rp %* Rp
Gaji dan imbalan karyawan Salaries and other short-term
jangka pendek lainnya 4.67%) 175,252) 1.43%) 53,564) 9.81%) 368,423) employee benefits
Imbalan pascakerja -) -) -) -) 0.42%) 15,815) Post-employment benefits
Imbalan jangka panjang lainnya -) -) -) -) ) 0.02%) 619) Other long-term benefits
Jumlah 4.67%) 175,252) 1.43%) 53,564) 10.25%) 384,857) Total
162
Page 551
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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)
36. INFORMASI MENGENAI PIHAK BERELASI 36. RELATED PARTY INFORMATION (continued)
(lanjutan)
Transaksi dengan pihak berelasi (lanjutan) Transactions with related parties (continued)
(l)…Kompensasi dan remunerasi personil (l) Compensation and remuneration of key
Manajemen kunci (lanjutan) management personnel (continued)
31 Desember/December 2022
Personil manajemen kunci
Dewan Komisaris/Board of lainnya/Other key
Direksi/Board of Directors Commissioners management personnel
%* Rp %* Rp %* Rp
Gaji dan imbalan karyawan Salaries and other short-term
jangka pendek lainnya 5.52%) 187,940) 0.68%) 23,076) 10.75%) 365,811) employee benefits
Imbalan pascakerja -) -) -) -) 0.20%) 6,970) Post-employment benefits
Imbalan jangka panjang lainnya -) -) -) -) 0.01%) 455) Other long-term benefits
Jumlah 5.52%) 187,940) 0.68%) 23,076) 10.96%) 373,236) Total
*) terhadap jumlah beban kepegawaian *) % to total personnel expenses
(m) Komitmen dan kontinjensi (m) Commitments and contingencies
31 Desember/December
2023 2022
Aset komitmen Committed assets
Fasilitas pinjaman yang belum
ditarik 37,247,514) 19,161,055)) Unused borrowing facilities
Liabilitas komitmen Committed liabilities
Fasilitas kredit kepada nasabah Unused credit facilities to
yang belum digunakan 4,301,821) 3,385,393)) customers
Liabilitas kontinjensi Contingent liabilities
Garansi yang diberikan 30,000) -) Guarantees provided
37. KOMITMEN DAN KONTINJENSI 37. COMMITMENTS AND CONTINGENCIES
a. Berdasarkan jenis a. By type
31 Desember/December
2023 2022
Aset komitmen Committed assets
Fasilitas pinjaman yang belum ditarik Unused borrowing facilities
- Pihak ketiga 3,079,400) 1,500,000) Third parties -
- Pihak berelasi 37,247,514) 19,161,055) Related parties -
40,326,914) 20,661,055)
Contingent assets -
Aset kontinjensi - Pihak ketiga Third parties
Pendapatan bunga pinjaman yang Interest receivable on non-
diberikan yang bermasalah 275,731) 173,116) performing loans
Garansi yang diterima 30,270,312) 31,249,359) Guarantees received
30,546,043) 31,422,475)
Liabilitas komitmen Committed liabilities
Fasilitas kredit kepada nasabah yang Unused credit facilities to
belum digunakan - committed customers - committed
- Pihak ketiga 10,870,217) 13,315,311) Third parties -
Fasilitas kredit kepada nasabah yang Unused credit facilities to
belum digunakan - uncommitted customers - uncommitted
- Pihak ketiga 100,533,280) 94,784,040) Third parties -
- Pihak berelasi 4,301,821) 3,385,393) Related parties -
Dipindahkan 115,705,318) 111,484,744) Carry forward
163
Page 552
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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)
37. KOMITMEN DAN KONTINJENSI (lanjutan) 37. COMMITMENTS AND CONTINGENCIES
(continued)
a. Berdasarkan jenis (lanjutan) a. By type (continued)
31 Desember/December
2023 2022
Liabilitas komitmen (lanjutan) Committed liabilities (continued)
Pindahan 115,705,318) 111,484,744) Carried forward
Fasilitas kredit kepada bank yang Unused credit facilities to
belum digunakan - uncommitted - banks - uncommitted -
Pihak ketiga 74,196) 26,748) Third parties
Letters of credit yang tidak dapat Irrevocable letters of credit -
dibatalkan - Pihak ketiga 721,016) 961,523) Third parties
116,500,530) 112,473,015)
Contingent liabilities -
Liabilitas kontinjensi - Pihak ketiga Third parties
Garansi yang diberikan Guarantees provided
- Pihak ketiga 5,425,734) 5,608,120) Third parties -
- Pihak berelasi 30,000) -) Related parties -
5,455,734) 5,608,120)
b. Berdasarkan kolektibilitas b. By collectability
31 Desember/December
2023 2022
Lancar 120,577,548) 116,218,404 ) Current
Dalam Perhatian Khusus 1,378,716) 1,812,731) Special Mention
Kurang Lancar -) 50,000) Substandard
Diragukan -) -) Doubtful
Macet -) -) Loss
121,956,264) 118,081,135)
c. Kasus hukum c. Litigation cases
Bank menghadapi beberapa tuntutan hukum, The Bank is a party to various unresolved legal
pengurusan administrasi dan klaim yang belum actions, administrative proceedings, and claims
terselesaikan, yang berhubungan dengan in the ordinary course of its business. It is not
kegiatan usaha Bank. Adalah tidak mungkin possible to predict with certainty whether or not
untuk memastikan apakah Bank akan the Bank will ultimately be successful or not
memenangkan atau tidak menang atas successful in any of these legal matters.
masalah atau tuntutan hukum tersebut. Namun However, the Bank’s management does not
demikian, manajemen Bank yakin bahwa hasil expect that the results in any of these
keputusan masalah atau tuntutan hukum proceedings will have a material adverse effect
tersebut tidak akan membawa dampak yang on the Bank’s results of operations, financial
signifikan pada hasil usaha, posisi keuangan position or liquidity.
atau likuiditas Bank.
38. SEGMEN OPERASI 38. OPERATING SEGMENT
Segmen operasi dilaporkan sesuai dengan laporan Operating segments are reported in accordance with
internal yang disiapkan untuk Direksi, yang the internal reporting provided to the Directors, as the
bertindak sebagai pengambil keputusan operasi, chief operating decision maker, who are responsible
yang bertanggung jawab untuk mengalokasikan for allocating resources to the reportable segments
sumber daya ke segmen dan melakukan penilaian and assesses its performance. All operating
atas performanya. Seluruh segmen operasi yang segments used by the Group meet the definition of a
digunakan oleh Grup telah memenuhi kriteria reportable segment under PSAK 5, “Operating
pelaporan berdasarkan PSAK 5, “Segmen Operasi”. Segment”.
Grup memiliki 5 (lima) pelaporan segmen, The Group has 5 (five) reportable segments, in
berdasarkan produk usaha, sebagaimana disajikan accordance with the business product, as set out in
dalam tabel di bawah ini. the table below.
164
Page 553
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. SEGMEN OPERASI (lanjutan) 38. OPERATING SEGMENT (continued)
Ritel Retail
Terdiri dari pinjaman yang diberikan kepada Consists of loans to pensioners and other individual
nasabah pensiunan dan nasabah individual lainnya. customers.
Kredit Usaha Mikro, Kecil & Menengah (UMKM) Micro, Small & Medium Enterprises (MSME)
Terdiri dari pinjaman yang diberikan kepada Consists of loans to micro, small & medium
nasabah usaha mikro, kecil dan menengah yang enterprise customers for commercial purpose.
digunakan untuk kegiatan usaha.
Penghimpunan dana dan tresuri Funding and treasury
Terdiri dari aktivitas penghimpunan dana dari pihak Consists of funding business activity in raising funds
ketiga dan bank lain, serta aktivitas tresuri termasuk from third party and other banks, and centralised
pinjaman yang diterima dan surat berharga yang treasury operations including borrowings and
diterbitkan. securities issued.
Korporasi Corporate
Terdiri dari pinjaman dan layanan yang diberikan Consists of loans and services from corporate
dari nasabah korporasi yang digunakan untuk customers which related to commercial purpose.
kegiatan usaha.
Syariah Sharia
Merupakan lini segmen operasi atas Entitas Anak Represents a line of operating segments of
yang dimulai dari tanggal efektif beroperasi sebagai Subsidiary which started from the effective date to
bank umum syariah. operate as a sharia commercial bank.
Terdiri dari pembiayaan syariah dan dana pihak Consists of sharia financing and third party funds
ketiga dari nasabah syariah yang digunakan untuk from sharia customers which related to commercial
kegiatan usaha. purpose.
Dalam mengalokasikan beban operasional, In allocating operating expenses, management
manajemen mengatribusikan beberapa pos beban attributed some of its expenses based on Group’s
operasional sesuai dengan kebijakan pelaporan internal reporting policy.
internal Grup.
Informasi pelaporan segmen adalah sebagai The reportable segment information was as follows:
berikut:
Tahun berakhir 31 Desember 2023/
Year ended 31 December 2023
Penyesuaian
Penghimpunan dan eliminasi/
dana dan Adjustment
Ritel/ UMKM/ tresuri/ Funding Korporasi/ Syariah/ and Konsolidasian/
Retail MSME and Treasury Corporate Sharia elimination Consolidated
Pendapatan dan
beban Operating income
operasional and expenses
Pendapatan bunga
dan syariah dari External interest and
pihak eksternal 3,842,949) 1,208,448) 1,153,880) 6,864,214) 5,746,182) -) 18,815,673) sharia income
Pendapatan bunga Inter-segment interest
antar segmen (1,966,935) (694,991) 7,979,661) (5,317,735) -) -) -) income
Beban bunga antar Inter-segment interest
segmen 99,394) 36,584) (3,550,414) 3,414,436) -) -) -) expense
Beban bunga dan Interest expense and
bagi hasil syariah (9,473) (11,227) (4,077,996) (2,186,482) (486,432) -) (6,771,610) sharia profit sharing
Pendapatan bunga
dan syariah Net reportable
segmen segment interest
dilaporkan-bersih 1,965,935) 538,814) 1,505,131) 2,774,433) 5,259,750) -) 12,044,063) and sharia income
165
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. SEGMEN OPERASI (lanjutan) 38. OPERATING SEGMENT (continued)
Informasi pelaporan segmen adalah sebagai The reportable segment information was as follows:
berikut:
Tahun berakhir 31 Desember 2023/
Year ended 31 December 2023
Penyesuaian
Penghimpunan dan eliminasi/
dana dan Adjustment
Ritel/ UMKM/ tresuri/ Funding Korporasi/ Syariah/ and Konsolidasian/
Retail MSME and Treasury Corporate Sharia elimination Consolidated
Pendapatan
operasional Other operating
lainnya: income:
Pendapatan
operasional Other operating
lainnya 194,157) 334,504) 1,075,173) 257,981) 60,949) (498,815) 1,423,949) income
Keuntungan dari Net gain on
selisih kurs dan foreign exchange and
transaksi derivatif - derivative
bersih -) 287) 93,261) 556,838) (892) -) 649,494) transactions
Pendapatan
operasional Other operating
lainnya 194,157) 334,791) 1,168,434) 814,819) 60,057) (498,815) 2,073,443) income
Beban operasional Other operating
lainnya expenses
Beban operasional Other operating
lainnya (1,650,923) (717,917) (2,023,436) (1,171,656) (2,042,620) -) (7,606,552) expenses
Cadangan kerugian Allowance for
penurunan nilai (296,016) (120,903) (278) (734,605) (1,898,117) -) (3,049,919) impairment losses
Beban operasional Other operating
lainnya (1,946,939) (838,820) (2,023,714) (1,906,261) (3,940,737) -) (10,656,471) expenses
Pendapatan Net reportable
operasional operational segment
lainnya - bersih (1,752,782) (504,029) (855,280) (1,091,442) (3,880,680) (498,815) (8,583,028) income
Pendapatan (beban) Non-operating
non-operasional 845) 1,742) (6,745) (20) 825) - (3,353) income (expenses)
Laba (rugi) segmen
sebelum pajak Segment income (loss)
penghasilan 213,998) 36,527) 643,106) 1,682,971) 1,379,895) (498,815) 3,457,682) before income tax
Beban pajak
penghasilan (39,525) (6,747) (118,780) (310,840) (299,306) -) (775,198) Income tax expense
174,473) 29,780) 524,326) 1,372,131) 1,080,589) (498,815) 2,682,484)
Laba (rugi) bersih Net income (loss)
31 Desember/December 2023
Penghimpunan
dana dan Penyesuaian
tresuri/ dan eliminasi/
Ritel/ UMKM/ Funding and Korporasi/ Syariah/ Adjustment Konsolidasian/
Retail MSME Treasury Corporate Sharia and elimination Consolidated
Aset Assets
Pinjaman/pembiayaan
yang diberikan-bersih 25,318,456) 13,669,400) -) 102,781,449) 10,173,945) -) 151,943,250) Net loans/financing
Pendapatan
bunga/marjin yang
masih akan diterima Accrued interest/
dari pinjaman/ margin income
pembiayaan yang from loans/
diberikan 223,575) 43,394) -) 665,937) 164,890) -) 1,097,796) financing
Aset lain-lain -) -) 27,673,435) -) 10,076,959) (83,528) 37,666,866) Other assets
Pendapatan bunga
yang masih akan Accrued interest
diterima -) -) 152,967) -) 75,512) -) 228,479) income
Jumlah aset yang Total allocated
dialokasikan 25,542,031) 13,712,794) 27,826,402) 103,447,386) 20,491,306) (83,528) 190,936,391) assets
Aset yang tidak
dialokasikan* 10,512,001) Unallocated assets*
Jumlah aset 201,448,392) Total assets
*) Komponen yang tidak dapat dialokasikan terutama terdiri dari aset dan liabilitas *) Unallocated items mainly comprise of income tax assets and liabilities, including
pajak penghasilan, termasuk pajak kini dan pajak tangguhan, aset dan liabilitas current and deferred taxes, derivative assets and liabilities, fixed assets, intangible
derivatif, aset tetap, aset takberwujud, liabilitas lainnya dan akrual. assets, other liabilities and accruals.
166
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. SEGMEN OPERASI (lanjutan) 38. OPERATING SEGMENT (continued)
31 Desember/December 2023
Penghimpunan
dana dan Penyesuaian
tresuri/ dan eliminasi/
Ritel/ UMKM/ Funding and Korporasi/ Syariah/ Adjustment Konsolidasian/
Retail MSME Treasury Corporate Sharia and elimination Consolidated
Liabilitas Liabilities
Simpanan nasabah 2,155,288) 844,577) 35,639,500) 57,416,394) 2,221,997) -) 98,277,756) Customer deposits
Beban bunga/bagi hasil Undistributed
yang masih harus revenue
dibayar -) -) 179,647) -) 21,951) -) 201,598) sharing
Liabilitas lain-lain -) -) 45,302,910) -) -) (3,806) 45,299,104) Other liabilities
Beban bunga yang Accrued
masih harus dibayar -) -) 170,977) -) -) -) 170,977) interest expenses
Jumlah liabilitas yang Total allocated
dialokasikan 2,155,288) 844,577) 81,293,034) 57,416,394) 2,243,948) (3,806) 143,949,435) liabilities
Liabilitas yang tidak Unallocated
dialokasikan* 6,295,033) liabilities*
Jumlah liabilitas 150,244,468) Total liabilities
Dana syirkah Temporary syirkah
temporer -) -) -) -)) 9,920,820) -) 9,920,820) fund
*) Komponen yang tidak dapat dialokasikan terutama terdiri dari aset dan liabilitas *) Unallocated items mainly comprise of income tax assets and liabilities, including
pajak penghasilan, termasuk pajak kini dan pajak tangguhan, aset dan liabilitas current and deferred taxes, derivative assets and liabilities, fixed assets, intangible
derivatif, aset tetap, aset takberwujud, liabilitas lainnya dan akrual. assets, other liabilities and accruals.
Tahun berakhir 31 Desember 2022/
Year ended 31 December 2022
Penghimpunan Penyesuaian dan
dana dan tresuri/ eliminasi/
Ritel/ UMKM/ Funding and Korporasi/ Syariah/ Adjustment and Konsolidasian/
Retail MSME Treasury Corporate Sharia elimination Consolidated
Pendapatan dan Operating income
beban operasional and expenses
Pendapatan bunga
dan syariah dari External interest and
pihak eksternal 4,265,547) 981,674) 960,274) 4,318,361) 5,373,790) -) 15,899,646)) sharia income
Pendapatan bunga Inter-segment interest
antar segmen (2,259,272) (351,222) 5,192,551) (2,582,057) -) -) -)) income
Beban bunga antar Inter-segment interest
segmen 91,090) 20,948) (2,320,670) 2,208,632) -) -) -)) expense
Beban bunga dan bagi Interest expense and
hasil syariah (21,769) (4,349) (2,577,615) (1,273,158) (344,440) -) (4,221,331) sharia profit sharing
Pendapatan bunga
dan syariah Net reportable
segmen segment interest and
dilaporkan-bersih 2,075,596) 647,051) 1,254,540) 2,671,778) 5,029,350) -) 11,678,315) sharia income
Pendapatan
operasional Other operating
lainnya: income:
Pendapatan Other operating
operasional lainnya 160,206) 218,666) 840,897) 279,535) 61,818) (332,992) 1,228,130) income
Keuntungan dari Net gain on
selisih kurs dan foreign exchange and
transaksi derivatif - derivative
bersih -) 286) 189,913) 590,458) 3,828) -) 784,485) transactions
Pendapatan
operasional Other operating
lainnya 160,206) 218,952) 1,030,810) 869,993) 65,646) (332,992) 2,012,615) income
Beban operasional Other operating
lainnya expenses
Beban operasional Other operating
lainnya (1,587,330) (881,123) (1,904,827) (950,315) (1,869,492) -) (7,193,087) expenses
Cadangan kerugian Allowance for
penurunan nilai (234,311) (269,769) 482) (391,517) (945,052) -) (1,840,167) impairment losses
Beban operasional Other operating
lainnya (1,821,641) (1,150,892) (1,904,345) (1,341,832) (2,814,544) -) (9,033,254) expenses
Pendapatan Net reportable
operasional operational
lainnya - bersih (1,661,435) (931,940) (873,535) (471,839) (2,748,898) (332,992) (7,020,639) segment income
Pendapatan (beban) Non-operating
non-operasional 1,516) 698) (4,502) (11) 1,942) -) (357) income (expenses)
Laba (rugi) segmen
sebelum pajak Segment income (loss)
penghasilan 415,677) (284,191) 376,503) 2,199,928) 2,282,394) (332,992) 4,657,319) before income tax
Beban pajak
penghasilan (80,581) 55,092) (72,987) (426,465) (502,814) -) (1,027,755) Income tax expense
335,096) (229,099) 303,516) 1,773,463) 1,779,580) (332,992) 3,629,564)
Laba (rugi) bersih Net income (loss)
167
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. SEGMEN OPERASI (lanjutan) 38. OPERATING SEGMENT (continued)
31 Desember 2022/31 December 2022
Penghimpunan Penyesuaian dan
dana dan tresuri/ eliminasi/
Ritel/ Funding and Korporasi/ Syariah/ Adjustment and Konsolidasian/
Retail UMKM/ MSME Treasury Corporate Sharia elimination Consolidated
Aset Assets
Pinjaman/pembiayaan
yang diberikan-
bersih 25,854,020) 10,722,188) -) 95,209,651) 10,758,538) -) 142,544,397) Net loans/financing
Pendapatan
bunga/marjin yang
masih akan diterima
dari pinjaman/ Accrued interest/
pembiayaan yang margin income from
diberikan 221,321) 32,274) -) 486,163) 138,776) -) 878,534) loans/ financing
Aset lain-lain -) -) 45,642,915) -) 9,237,945) (8,982) 54,871,878) Other assets
Pendapatan bunga
yang masih akan Accrued interest
diterima -) -) 152,722) -) 64,941) -) 217,663) income
Jumlah aset yang Total allocated
dialokasikan 26,075,341) 10,754,462) 45,795,637) 95,695,814) 20,200,200) (8,982) 198,512,472) assets
Aset yang tidak
dialokasikan* 10,657,232) Unallocated assets*
Jumlah aset 209,169,704) Total assets
Liabilitas Liabilities
Simpanan nasabah 2,174,755 ) 602,187) 34,994,775) 65,046,302) 2,205,268) -) 105,023,287) Customer deposits
Beban bunga/bagi
hasil yang masih Undistributed revenue
harus dibayar -) -) 145,624) -) 18,996) -) 164,620) sharing
Liabilitas lain-lain -) -) 48,301,467) -) 100,000) (10,096) 48,391,371) Other liabilities
Beban bunga yang Accrued interest
masih harus dibayar -) -) 169,394) -) -) -) 169,394) expenses
Jumlah liabilitas yang Total allocated
dialokasikan 2,174,755) 602,187) 83,611,260) 65,046,302) 2,324,264) (10,096) 153,748,672) liabilities
Liabilitas yang tidak Unallocated
dialokasikan* 6,164,747) liabilities*
Jumlah liabilitas 159,913,419) Total liabilities
Dana syirkah Temporary syirkah
temporer -) -) -) -)) 9,843,261) -) 9,843,261) fund
*) Komponen yang tidak dapat dialokasikan terutama terdiri dari aset dan liabilitas *) Unallocated items mainly comprise of income tax assets and liabilities, including
pajak penghasilan, termasuk pajak kini dan pajak tangguhan, aset dan liabilitas current and deferred taxes, derivative assets and liabilities, fixed assets, intangible
derivatif, aset tetap, aset takberwujud, liabilitas lainnya dan akrual. assets, other liabilities and accruals.
Berdasarkan informasi geografis Geographical information
Pada tanggal 31 Desember 2023, segmen As of 31 December 2023, geographical segment
berdasarkan geografis terdiri dari 73 cabang (tidak consists of 73 branches (unaudited) that are located
diaudit) yang terbagi menjadi 4 area yaitu Jawa, into 4 areas, which are Java, Sumatera, Bali and
Sumatera, Bali dan Nusa Tenggara, serta, Nusa Tenggara, also Kalimantan and Sulawesi
Kalimantan dan Sulawesi (31 Desember 2022: (31 December 2022: 73 branches) (unaudited).
73 cabang) (tidak diaudit).
Segmen informasi berdasarkan geografis adalah Information concerning geographical segments is as
sebagai berikut: follows:
Penyesuaian
Kalimantan dan eliminasi/
Jawa/ Bali dan/and dan/and Adjustment and Konsolidasian/
Java Sumatera Nusa Tenggara Sulawesi elimination Consolidated
31 Desember 2023 31 December 2023
Pendapatan bunga 14,762,054) 2,321,058) 487,220) 1,245,341) -) 18,815,673) Interest income
Jumlah aset 181,546,539) 10,678,290) 2,410,816) 8,041,057) (1,228,310)) 201,448,392) Total assets
31 Desember 2022 31 December 2022
Pendapatan bunga 11,863,972) 2,261,709) 491,252) 1,282,713) -) 15,899,646) Interest income
Jumlah aset 190,311,295) 9,822,302) 2,460,961) 7,808,973) (1,233,827)) 209,169,704) Total assets
168
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. LABA BERSIH PER SAHAM 39. EARNINGS PER SHARE
a. Laba per saham dasar a. Basic earnings per share
31 Desember/December
2023 2022
Jumlah laba per saham dasar yang Total basic earnings per share
tersedia bagi pemegang saham attributable to the ordinary equity
biasa Bank 293 384 holders of the Bank
b. Laba per saham dilusian b. Diluted earnings per share
31 Desember/December
2023 2022
Jumlah laba per saham dilusian yang Total diluted earnings per share
tersedia bagi pemegang saham attributable to the ordinary equity
biasa Bank 293 384 holders of the Bank
c. Laba yang digunakan dalam perhitungan c. Earnings used in calculating earnings per
laba per saham share
31 Desember/December
2023 2022
Laba per saham dasar Basic earnings per share
Laba yang tersedia bagi pemegang
saham biasa Bank yang digunakan Profit attributable to the ordinary
dalam perhitungan laba per saham equity holders of the Bank used in
dasar 2,358,334 3,095,701) calculating basic earnings per share
Laba per saham dilusian Diluted earnings per share
Laba yang tersedia bagi pemegang
saham biasa Bank yang digunakan Profit attributable to the ordinary
dalam perhitungan laba per saham equity holders of the Bank used in
dilusian 2,358,334 3,095,701) calculating diluted earnings per share
d. Jumlah rata-rata tertimbang saham yang d. Weighted average number of shares used as
digunakan sebagai penyebut the denominator
31 Desember/December
2023 2022
Jumlah rata-rata tertimbang jumlah Weighted average number of
saham yang digunakan sebagai ordinary shares used as the
penyebut dalam perhitungan laba denominator in calculating basic
per saham dasar 8,056,720,684 8,056,644,071) earnings per share
Jumlah rata-rata tertimbang saham Weighted average number of
yang digunakan sebagai penyebut shares used as the denominator in
dalam perhitungan laba per saham calculation diluted earnings per
dilusian 8,056,720,684 8,056,644,071) share
169
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. PERJANJIAN KERJASAMA, KONTRAK DAN 40. SIGNIFICANT AGREEMENTS, CONTRACTS AND
KOMITMEN YANG SIGNIFIKAN COMMITMENTS
a. PT Taspen (Persero) a. PT Taspen (Persero)
Sejak tahun 2007, Bank telah bekerja sama Since 2007, the Bank has been cooperating with
dengan PT Taspen (Persero) dimana Bank PT Taspen (Persero) in which the Bank become
menjadi salah satu mitra untuk penanganan one of the partners for handling the payments of
pembayaran uang pensiun kepada para pension to retired government employees.
pensiunan pegawai Pemerintah.
b. PT Pos Indonesia (Persero) b. PT Pos Indonesia (Persero)
Sejak bulan Maret 2012 Bank telah bekerja Since March 2012 the Bank has been cooperating
sama dengan PT Pos Indonesia (Persero) with PT Pos Indonesia (Persero) in which PT Pos
dimana PT Pos Indonesia (Persero) membantu Indonesia (Persero) assists the Bank in deducting
Bank dalam melakukan pemotongan uang the pension benefits of retired government
pensiun para pegawai Pemerintah untuk employees for pension loan installments and
angsuran kredit pensiun dan memasarkan marketing the Bank’s pension loan products.
produk kredit pensiunan Bank.
Perjanjian kerjasama Bank dengan The Bank’s cooperation agreement with
PT Pos Indonesia (Persero) diperbaharui PT Pos Indonesia (Persero) is renewed regularly
secara berkala dan berdasarkan perjanjian and based on the latest agreement, the
terakhir kerjasama ini akan terus berlangsung cooperation will be continuing until 25 July 2024.
sampai dengan tanggal 25 Juli 2024. Untuk For the year ended 31 December 2023 in relation
tahun berakhir tanggal 31 Desember 2023 to this cooperation, the Bank paid commissions to
terkait dengan kerjasama ini, Bank PT Pos Indonesia (Persero) amounting to
membayarkan komisi kepada PT Pos Indonesia Rp 73,185 (31 December 2022: Rp 74,764).
(Persero) sebesar Rp 73.185 (31 Desember
2022: Rp 74.764).
c. Perjanjian pembiayaan bersama c. Joint financing agreement
PT KB Finansia Multi Finance PT KB Finansia Multi Finance
Pada bulan Oktober 2022, Bank melakukan In October 2022, the Bank entered into a joint
kerjasama pembiayaan bersama (tanpa financing arrangement (without recourse) with
tanggung renteng) dengan PT KB Finansia PT KB Finansia Multi Finance (“FMF”). Based on
Multi Finance (“FMF”). Dalam kerjasama ini, the agreement, the amount of funds to be
porsi fasilitas pembiayaan yang akan diberikan financed by each party will be a maximum of
adalah maksimum 90% dari Bank dan minimum 90% from the Bank and minimum of 10% from
10% dari pihak FMF. Fasilitas maksimum FMF. The maximum joint financing facility is
pembiayaan bersama adalah sebesar amounted to Rp 300,000. The term of the
Rp 300.000. Jangka waktu perjanjian adalah agreement is for 3 (three) years, from
untuk 3 (tiga) tahun, terhitung mulai tanggal 28 October 2022 to 28 October 2025. Based on
28 Oktober 2022 hingga 28 Oktober 2025. addendum on August 2023, maximum joint
Berdasarkan perubahan pada Agustus 2023, financing facility has been changed to
fasilitas maksimum diubah menjadi Rp 600,000.
Rp 600.000.
170
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. PERJANJIAN KERJASAMA, KONTRAK DAN 40. SIGNIFICANT AGREEMENTS, CONTRACTS AND
KOMITMEN YANG SIGNIFIKAN (lanjutan) COMMITMENTS (continued)
c. Perjanjian pembiayaan bersama (lanjutan) c. Joint financing agreement (continued)
PT Home Credit Indonesia PT Home Credit Indonesia
Pada tanggal 23 Juni 2014 melalui Perjanjian On 23 June 2014, through Cooperation
Kerjasama No PKS.087/DIR/TFI/VI/2014, Bank Agreement No. PKS.087/DIR/TFI/VI/2014, the
melakukan Perjanjian Kerjasama pembiayaan Bank entered a joint financing without recourse
bersama without recourse dengan PT Home arrangement with PT Home Credit Indonesia
Credit Indonesia (“HCI”). Dalam Perjanjian (“HCI”). Based on the agreement, the amount of
Kerjasama ini, porsi fasilitas pembiayaan yang funds to be financed by each party will be a
akan diberikan untuk debitur adalah maksimum maximum of 90% from the Bank and a minimum
90% dari Bank dan minimum 10% dari pihak of 10% from HCI.
HCI.
Pada tanggal 8 Maret 2023 melalui Perjanjian On 8 March 2023, through Cooperation
Kerjasama No PKS.015/RLBJF/III/2023 Agreement No. PKS.015/RLBJF/III/2023 joint
fasilitas pembiayaan bersama ditingkatkan financing facilities has been increased to
menjadi Rp 4.200.000 dan jangka Rp 4,200,000 and the agreement has been
waktu perjanjian telah diperpanjang hingga extended to 8 March 2026.
8 Maret 2026.
PT Mandiri Utama Finance PT Mandiri Utama Finance
Pada bulan Agustus 2023, Bank melakukan In August 2023, the Bank entered into a joint
kerjasama pembiayaan bersama (tanpa financing arrangement (without recourse) with
tanggung renteng) dengan PT Mandiri Utama PT Mandiri Utama Finance (“MUF”). Based on
Finance (“MUF”). Dalam kerjasama ini, porsi the agreement, the amount of funds to be
fasilitas pembiayaan yang akan diberikan financed by each party will be a maximum of
adalah maksimum 99% dari Bank dan minimum 99% from the Bank and minimum of 1% from
1% dari pihak MUF. Fasilitas maksimum MUF. The maximum joint financing facility is
pembiayaan bersama adalah sebesar amounted to Rp 500,000. The term of the
Rp 500.000. Jangka waktu perjanjian adalah agreement is for 3 (three) years, from
3 (tiga) tahun, terhitung mulai tanggal 21 August 2023 to 21 August 2026.
21 Agustus 2023 hingga 21 Agustus 2026.
d. Perjanjian Kerjasama Jasa Pemasaran dan d. Marketing and Administration Services for
Administrasi Produk BTPN BTPN Product agreement
PT Mitrausaha Indonesia Group (Modalku) PT Mitrausaha Indonesia Group (Modalku)
Pada bulan Juni 2023, Bank melakukan In June 2023, the Bank entered into channeling
kerjasama penyaluran pendanaan dengan cooperation with PT Mitrausaha Indonesia Grup
PT Mitrausaha Indonesia Grup (“MIG”). (“MIG”). The maximum channeling facility is
Fasilitas maksimum penyaluran pendanaan amounted to Rp 100,000. The term of the
adalah sebesar Rp 100.000. Jangka waktu agreement is for 1 (one) year, from 14 June 2023
perjanjian adalah untuk 1 (satu) tahun, terhitung to 14 June 2024 and extended automatically
mulai tanggal 14 Juni 2023 hingga every year for a period of 2 (two) years.
14 Juni 2024 dan setelahnya dapat
diperpanjang secara otomatis setiap tahunnya
untuk jangka waktu 2 (dua) tahun.
171
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. PERJANJIAN KERJASAMA, KONTRAK DAN 40. SIGNIFICANT AGREEMENTS, CONTRACTS AND
KOMITMEN YANG SIGNIFIKAN (lanjutan) COMMITMENTS (continued)
e. Perjanjian Kerjasama Bancassurance e. Bancassurance Agreement
Pada bulan Agustus 2014, Bank melakukan In August 2014, the Bank entered into
kerjasama bancassurance dengan a bancassurance agreement with PT Asuransi
PT Asuransi Allianz Life Indonesia (“Allianz”). Allianz Life Indonesia (“Allianz”). The Bank will
Bank akan mendistribusikan produk-produk distribute life insurance products of Allianz to its
asuransi jiwa dari Allianz kepada nasabah Bank customers through the Bank’s distribution
melalui seluruh jalur distribusi Bank. Perjanjian channels. The agreement is effective for
ini berlaku selama 10 tahun. 10 years.
f. Komitmen signifikan lainnya f. Other significant commitment
Bank menyewa kantor dengan perjanjian sewa The Bank leases offices under non-cancellable
yang tidak dapat dibatalkan. Masa sewa antara lease agreements. The lease terms are between
5 – 11 tahun dengan mayoritas perjanjian jasa 5 – 11 years, and the majority of lease
dapat diperbarui pada akhir periode dengan agreements are renewable at the end of the lease
harga pasar. Bank diharuskan memberitahukan period at the market rate. The Bank is required to
enam bulan lebih awal apabila berniat give a six-month notice for the termination of these
mengakhiri perjanjian sewa. Beban terkait agreements. The expenses related with lease
transaksi sewa yang dibebankan pada laba rugi transactions charged to the profit or loss during
selama tahun berjalan diungkapkan dalam the year was disclosed in Note 30 and 33.
Catatan 30 dan 33.
Berikut ini adalah pihak-pihak yang The following are counterparties of the Bank’s
mengadakan perjanjian sewa dengan Bank: lease commitments:
Pihak dalam perjanjian/ Item yang disewa/ Periode perjanjian/
Counterparties Leased items Period of agreement
PT Bumi Serpong Damai Ruang Kantor/Office Space 1 Februari/February 2023 –
1 September/September 2026
PT Bahana Semesta Citra Ruang Kantor/Office Space 5 Oktober/October 2015 –
Nusantara 14 Maret/March 2027
Jumlah pembayaran sewa minimum di masa The future aggregate minimum lease payments
depan dalam perjanjian sewa yang tidak dapat under non-cancellable leases were as follows:
dibatalkan adalah sebagai berikut:
31 Desember/December
2023 2022
Hingga 1 tahun -) 4,484 Up to 1 year
Lebih dari 1 - 5 tahun 97,355) 410,185 More than 1 - 5 years
97,355) 414,669
172
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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)
d
41. MANAJEMEN RISIKO 41. RISK MANAGEMENT
Kerangka manajemen risiko Risk management framework
Grup mengutamakan penerapan manajemen risiko The Group focuses on the risk management
baik pada Bank dan Entitas Anak. Bank memiliki implementation for the Bank and Subsidiary. The
segmen yang lengkap mulai dari segmen pinjaman Bank has complete segments starting from loans with
dengan plafon kecil di BTPN Syariah (Entitas Anak), small limit at BTPN Syariah (Subsidiary), Digital,
Digital, Pensiun, MUR (mikro), SME, Komersial Pension, MUR (micro), SME, Commercial up to
sampai dengan Korporasi. Dalam hal konsentrasi Corporate segment. In term of portfolio concentration,
portofolio, segmen Korporasi menjadi portofolio Corporate segment is the largest portfolio at around
terbesar yaitu di kisaran 66% pada posisi 66% as of 31 December 2023 (31 December 2022:
31 Desember 2023 (31 Desember 2022: 65%), 65%), followed by Pensioners segment at around
diikuti oleh segmen Pensiunan di kisaran 14% pada 14% as of 31 December 2023 (31 December 2022:
posisi 31 Desember 2023 (31 Desember 2022: 16%).
16%).
Pengembangan manajemen risiko keuangan di Financial risk management development in the Group
Grup berpedoman pada peraturan OJK yang is guided by OJK regulations which govern risk
mengatur penerapan manajemen risiko bagi bank management implementation by commercial banks
umum. operating in Indonesia.
Kerangka manajemen risiko Grup The Group’s risk management framework is
diimplementasikan melalui kebijakan-kebijakan, implemented through policies, procedures,
prosedur, limit-limit transaksi dan kewenangan, transactions and authorisation limits, risk tolerance as
toleransi risiko serta perangkat manajemen risiko. well as risk management tools. The Group carries out
Grup melakukan pengembangan manajemen risiko continuous risk management development in line with
secara berkesinambungan sesuai dengan the increasing business complexity and the
meningkatnya kompleksitas bisnis dan development organisation, strategies and
perkembangan organisasi, strategi dan manajemen management information systems.
sistem informasi.
Penerapan manajemen risiko mencakup: The implementation of risk management covers:
- Pengawasan aktif Dewan Komisaris dan Direksi - Active supervision from Board of
- Kecukupan kebijakan, prosedur dan penetapan Commissioners and Board of Directors
limit - Sufficient policies, procedures and limit sets
- Kecukupan proses identifikasi, pengukuran, - Sufficient process of identification,
pemantauan dan pengendalian risiko serta measurement, risk oversight and control and risk
sistem informasi manajemen risiko management information
- Pengendalian internal yang menyeluruh - Overall internal control system
Organisasi manajemen risiko Grup melibatkan The risk management organization of the Group
pengawasan dari Dewan Komisaris dan Direksi. involves the oversight from the Board of
Grup telah membentuk Komite Pemantau Risiko Commissioners and Board of Directors. The Group
sebagai pengawas tertinggi di tingkat komisaris dan has established Risk Monitoring Committee as the
Komite Manajemen Risiko di tingkat direksi yang highest risk authority in the commissioner level and
merupakan bagian yang sangat penting dalam Risk Management Committee at the director level,
pengendalian risiko, sebagai unit kontrol yang which constitutes a crucial element in risk control, as
memantau seluruh risiko yang terdapat pada a control unit to monitor all of the risks in the Group’s
kegiatan operasional Grup. operating activities.
Komite Audit Bank memiliki tanggung jawab untuk The Bank’s Audit Committee is responsible for
memantau kepatuhan terhadap kebijakan dan monitoring compliance with risk management policies
prosedur manajemen risiko dan untuk menelaah and procedures and for reviewing the adequacy of the
kecukupan kerangka manajemen risiko yang terkait risk management framework in relation to the risks
dengan risiko-risiko yang dihadapi oleh Bank. faced by the Bank. In performing the role, the Audit
Dalam menjalankan fungsinya ini, Komite Audit Committee is assisted by internal audit working unit.
dibantu oleh satuan kerja internal audit.
Risiko yang timbul dari instrumen keuangan Grup The risks arising from the Group’s financial
adalah risiko keuangan, termasuk diantaranya instruments are financial risks, which include credit
adalah risiko kredit dan pembiayaan, risiko and financing risk, liquidity risk, market risk and
likuiditas, risiko pasar dan risiko operasional. operational risk.
173
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. MANAJEMEN RISIKO (lanjutan) 41. RISK MANAGEMENT (continued)
(Kerangka manajemen risiko (lanjutan) (Risk management framework (continued)
Entitas Anak telah menerapkan manajemen risiko, Subsidiary has implemented risk management,
antara lain dengan membentuk unit risiko pada among others by establishing a risk unit in Subsidiary.
Entitas Anak. Manajemen risiko pada Entitas Anak Risk management in Subsidiary is operating
secara operasional dilakukan terpisah dari unit separately from the business unit and conducting its
bisnis dan menjalankan fungsinya secara function independently. To support the
independen. Untuk mendukung penerapan implementation of risk management, the Subsidiary
manajemen risiko, pada struktur organisasi Entitas has established Audit Committee in its organizational
Anak juga dibentuk Komite Audit yang memiliki structure, which has responsibility to monitor the
tanggung jawab untuk memantau kepatuhan compliance of risk management policies and
terhadap kebijakan dan prosedur manajemen risiko procedures on a regular basis, and to analyse the
secara berkala, dan untuk menelaah kecukupan adequacy of risk management framework which
kerangka manajemen risiko yang terkait dengan related to the risks faced by the Subsidiary.
risiko-risiko yang dihadapi oleh Entitas Anak.
Disamping itu, Dewan Komisaris dan Direksi pada In addition, the Subsidiary’s Board of Commissioners
Entitas Anak secara aktif juga melakukan and Board of Directors actively monitor and evaluate
pemantauan, dan evaluasi terhadap pengendalian the internal controls, through the reports, as a basis
internal melalui laporan-laporan untuk digunakan in formulating and developing appropriate policies for
sebagai dasar untuk merumuskan dan the Subsidiary.
mengembangkan kebijakan yang tepat pada Entitas
Anak.
Bank selaku Entitas Induk telah menerapkan As the Parent Entity, the Bank has implemented
manajemen risiko konsolidasian sesuai ketentuan consolidated risk management in accordance with
OJK. Penerapan manajemen risiko konsolidasian OJK regulation. The Implementation of consolidated
antara lain mencakup laporan perhitungan risk management among others include report of
Kecukupan Penyediaan Modal Minimum (KPMM) consolidated minimum Capital Adequacy Ratio
konsolidasian, Batas Maksimum Pemberian Kredit (CAR), Legal Lending Limit (LLL), risk profile, Risk-
(BMPK) konsolidasian, laporan Profil Risiko Based Bank Rating and Internal Capital Adequacy
konsolidasian, Tingkat Kesehatan Bank (Risk- Assessment Process (ICAAP).
Based Bank Rating) konsolidasian dan Internal
Capital Adequacy Assessment Process (ICAAP)
konsolidasian.
Risiko kredit Credit risk
Risiko kredit adalah risiko kerugian keuangan yang Credit risk is the risk of financial loss, should any of
timbul jika nasabah, klien atau rekanan gagal the customers, clients or counterparties fail to fulfill
memenuhi kewajiban kontraktualnya kepada Grup. their contractual obligations to the Group. Credit risk
Risiko kredit terutama berasal dari pinjaman yang arises mainly from loans and sharia
diberikan dan pembiayaan/piutang syariah. financing/receivables.
Grup juga terekspos risiko kredit yang muncul dari The Group is also exposed to credit risks arising from
investasi pada efek-efek utang. investment in debt securities.
174
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. MANAJEMEN RISIKO (lanjutan) 41. RISK MANAGEMENT (continued)
Risiko kredit (lanjutan) Credit risk (continued)
Grup melakukan kaji ulang atas kebijakan kredit The Group reviews the credit policies periodically,
secara periodik terutama jika terdapat perubahan especially if there are any changes in market
kondisi perekonomian, perubahan peraturan conditions, changes in regulations and/or business
dan/atau pendekatan bisnis. approach.
Batas pemberian kredit ditetapkan dan ditelaah Lending limits are set and reviewed in the light of
mengikuti perubahan pada kondisi pasar dan changing market and economic conditions. Periodic
ekonomi. Penelaahan kredit secara periodik dan credit reviews and assessments of probability of
penilaian atas kemungkinan wanprestasi juga default are also conducted. Credit approval is
dilakukan. Proses persetujuan kredit dilakukan processed by credit committee and credit authority
melalui komite kredit dan kewenangan kredit as determined.
sebagaimana ditetapkan.
(i) Manajemen risiko kredit (i) Credit risk management
Grup mengelola dan mengawasi secara aktif The Group actively manages and monitors the
kualitas portofolio pinjaman yang diberikan loan portfolio quality by improving credit and
dengan cara meningkatkan kebijakan financing risk management policies effectively,
manajemen risiko kredit dan pembiayaan improving procedures and systems
secara efektif, penyempurnaan prosedur dan
pengembangan sistem. development.
Sistem Informasi Manajemen telah tersedia dan Management Information Systems (MIS) are in
akan terus dikembangkan serta telah mencakup place and continously developed and have
tingkat yang cukup rinci untuk mendeteksi setiap covered sufficient level of detail to detect any
perkembangan yang kurang baik sedini adverse development at an early stage, allowing
mungkin sehingga memungkinkan dilakukannya
tindakan yang tepat waktu untuk mengatasi timely measurement to be taken to counteract
kemungkinan penurunan kualitas kredit atau any possible deterioration in credit quality or to
untuk meminimalisasi kerugian kredit. minimise credit losses.
Manajemen risiko kredit atas pandemi Credit risk management in COVID-19 pandemic
COVID-19
Pandemi COVID-19 berdampak pada Covid-19 pandemic impacted debtors’
kemampuan membayar kembali oleh debitur, repayment capabilities, which continued until this
yang masih berlanjut hingga periode pasca- post-pandemic period. Direct financial impact of
pandemi. Dampak keuangan langsung dari the pandemic to the banking industry showed an
wabah tersebut bagi industri perbankan adalah
peningkatan Kerugian Kredit Ekspektasian increase in Expected Credit Loss caused by
(KKE), yang disebabkan oleh peningkatan risiko increased credit risk and the decline of credit
kredit dan penurunan kualitas pinjaman. quality.
175
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. MANAJEMEN RISIKO (lanjutan) 41. RISK MANAGEMENT (continued)
Risiko kredit (lanjutan) Credit risk (continued)
(i) Manajemen risiko kredit (lanjutan) (i) Credit risk management (continued)
Manajemen risiko kredit atas pandemi Credit risk management in COVID-19 pandemic
COVID-19 (lanjutan) (continued)
Bank telah melakukan upaya penanganan The Bank has made an effort to handle this issue
dalam menjaga stabilitas dan mitigasi dampak in order to maintain stability and to mitigate the
dari pandemi tersebut antara lain: impact of pandemic as follows:
1. Berdasarkan POJK No 11/POJK.03/2020, 1. Referring to OJK Regulation
POJK No.48/POJK.03/2020, dan POJK No. 11/POJK.03/2020, OJK Regulation
17/POJK.03/2021 tentang Perubahan kedua No. 48/POJK.03/2020, and OJK Regulation
atas Stimulus Perekonomian Nasional No. 17/POJK.03/2021 concerning Second
Sebagai Kebijakan Countercyclical Dampak Amendment of National Economic Stimulus
Penyebaran Coronavirus Disease 2019, as a Countercyclical Policy on the Impact of
Bank melakukan proses monitoring dan Coronavirus Disease 2019, the Bank has
pengawasan atas kualitas dan kecukupan conducted monitoring and supervision
CKPN debitur-debitur yang direstrukturisasi process of the quality and adequacy of
hingga Maret 2023. Proses ini dilanjutkan di allowance of impairment losses for
periode pasca-pandemi dengan mengacu restructured debtors up to March 2023. This
pada POJK No. 19/2022 tentang Perlakuan process has been continued to the post-
Khusus untuk Lembaga Jasa Keuangan pandemic period in accordance to
pada Daerah dan Sektor Tertentu di OJK Regulation No. 19/2022 concerning
Indonesia yang Terkena Dampak Bencana Special Treatment for Financial Services
serta KDK No. 34/KDK 03/ 2022 mengenai Institutions in Specific Regions and Sectors in
Penetapan Daerah dan/atau Sektor Indonesia Impacted by a Disaster and
Ekonomi yang Terdampak Bencana yang OJK Board of Commissioners Decree
Memerlukan Perlakuan Khusus terhadap No. 34/KDK 03/2022 concerning Stipulation of
Kredit Bank (sektor ekonomi dan daerah Region and/or Sector Which Require Special
tersebut adalah sektor penyediaan Treatment regarding Bank Financing (the
akomodasi dan penyediaan makan minum; sectors and/or regions include
sektor tekstil dan produk tekstil serta alas accommodation and food and drink provision
kaki; segmen usaha mikro, kecil, dan sector, the textile and textile products and
menengah; dan/atau daerah Provinsi Bali, footwear sectors, the micro, small and
yang berlaku sampai dengan Maret 2024). medium enterprises segment, and/or Bali
Panduan atas penerapan POJK dan KDK Province, up to March 2024).
tersebut telah dibuat oleh Bank. The guideline for the implementation of the
(catatan 11.o) aforementioned OJK Regulation and OJK
Board of Commissioners Decree has been set
by the bank. (Notes 11.o)
2. Bank melakukan penilaian apakah debitur 3. 2. The Bank conducts assessment on whether
yang direstruktur kreditnya memiliki restructured debtors have the capability to
kemampuan untuk bertahan withstand the impact of COVID-19 in
dalam menghadapi dampak COVID-19 accordance to the OJK
sesuai panduan penerapan Board of Commissioners Decree
KDK No. 34/KDK 03/2022. No. 34/KDK 03/2022 implementation
guidelines.
176
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. MANAJEMEN RISIKO (lanjutan) 41. RISK MANAGEMENT (continued)
Risiko kredit (lanjutan) Credit risk (continued)
(i) Manajemen risiko kredit (lanjutan) (i) Credit risk management (continued)
Manajemen risiko kredit atas pandemi Credit risk management in COVID-19 pandemic
COVID-19 (lanjutan) (continued)
Bank telah melakukan upaya penanganan The Bank has made an effort to handle this issue
dalam menjaga stabilitas dan mitigasi dampak in order to maintain stability and to mitigate the
dari pandemi tersebut antara lain: (lanjutan) impact of pandemic as follows: (continued)
3. Bank telah melakukan pengkinian kebijakan 4. 3. The Bank has updated policies to support the
dalam mendukung program Pemulihan National Economic Recovery program
Ekonomi Nasional (PEN) yang dirilis oleh released by the Government through a credit
Pemerintah melalui program penjaminan guarantee program and interest subsidies for
kredit dan subsidi bunga kepada debitur micro, small and medium enterprise (MSME)
usaha mikro, usaha kecil dan usaha borrowers according to the criteria set by the
menengah (UMKM) sesuai kriteria yang government.The Bank has signed a Collective
ditetapkan pemerintah. Bank telah Agreement with PT Jaminan Kredit Indonesia
menandatangani Perjanjian Kerjasama (Jamkrindo). The total disbursed credit by
dengan PT Jaminan Kredit Indonesia Bank as of 31 December 2023 in relation with
(Jamkrindo). Jumlah saldo pinjaman yang PEN program amounted to Rp 3,068 (31
telah disalurkan Bank pada posisi tanggal December 2022: Rp 16,123).
31 Desember 2023 dalam rangka program
PEN adalah sebesar Rp 3.068
(31 Desember 2022: Rp 16.123).
Demikian halnya dengan Entitas Anak, dalam As well as with the Subsidiary, during the
masa pandemi, Entitas Anak membantu pandemic period, the Subsidiary
nasabah yang usahanya terdampak pandemi supports customers whose business impacted
COVID-19, melalui program relaksasi sesuai by the COVID-19 pandemic with relaxation
POJK No. 11/POJK.03/2020 dan perubahan- program, in accordance to POJK
perubahannya (POJK No. 48/POJK.03/2020 No. 11/POJK.03/2020 and its amendments
dan POJK No. 17/POJK.03/2021). Entitas Anak (POJK No. 48/POJK.03/2020 and POJK
turut melanjutkan dukungannya pada periode No. 17/POJK.03/2021). The Subsidiary
pasca-pandemi ini dengan penerapan continued the support until this post-pandemic
perlakuan khusus berdasarkan period with the implementation of special
KDK No. 34/KDK 03/2022. treatment under OJK Board of Commissioners
Decree No. 34/KDK 03/2022.
Entitas Anak juga berpartisipasi dalam program The Subsidiary also participates in PEN program
PEN sesuai dengan kebijakan pemerintah as imposed by the government to support micro
untuk membantu segmen usaha mikro yang business segment impacted by the pandemic. In
terdampak. Dalam rangka implementasi conjunction with the implementation of PEN
program PEN sesuai peraturan yang berlaku, Program in accordance with the prevailing
Entitas Anak telah berpartisipasi dengan regulation, the Subsidiary has participated as
menjadi peserta penjaminan. Pada tanggal guarantee participant. As of 31 December 2023
31 Desember 2023 dan 2022, piutang and 2022, murabahah receivables amounting to
murabahah sebesar Rp 248.791 dan Rp 248,791 and Rp 2,777,938 were guaranteed
Rp 2.777.938 telah dijamin oleh Badan Usaha by the designated Guarantee Company which
Penjaminan yang ditunjuk yaitu PT Penjaminan are PT Penjaminan Jamkrindo Syariah and PT
Jamkrindo Syariah dan PT Jaminan Jaminan Pembiayaan Askrindo Syariah.
Pembiayaan Askrindo Syariah.
177
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. MANAJEMEN RISIKO (lanjutan) 41. RISK MANAGEMENT (continued)
Risiko kredit (lanjutan) Credit risk (continued)
(i) Manajemen risiko kredit (lanjutan) (i) Credit risk management (continued)
Agunan Collaterals
Bank menerapkan berbagai kebijakan dan The Bank employs a range of policies and
praktik untuk memitigasi risiko kredit, Bank practices to mitigate credit risk. The Bank
menerapkan berbagai panduan atas jenis-jenis implements guidelines on the acceptability of
agunan yang dapat diterima dalam rangka specific classes of collateral to mitigate credit
memitigasi risiko kredit. Jenis-jenis agunan atas risk. The collateral types for loans are as follows:
pinjaman yang diberikan antara lain adalah:
• Kas/deposito • Cash/Time deposits
• Tanah dan/atau Bangunan • Lands and/or Buildings
• SBLC • SBLC
• Kendaraan • Vehicles
• Peralatan (termasuk mesin dan alat berat) • Equipment (including machines and heavy
equipment)
• Persediaan • Inventories
• Piutang • Accounts receivable
Untuk kredit korporasi, Bank mendapatkan For corporate loans, the Bank received collateral
jaminan dalam bentuk standby letters of credit in the form of standby letters of credit from
dari bank afiliasi untuk membatasi risiko kredit controlling banks to restrict the Bank’s credit risk.
bank. Bank juga menyediakan bank garansi The Bank also provides bank guarantee to its
kepada nasabahnya yang mengharuskan Bank customers which require the Bank to make
melakukan pembayaran untuk kepentingan payments for their interests. This causes the
mereka. Hal ini menyebabkan Bank Bank to face the same risks as the loans granted
menghadapi risiko yang sama dengan kredit and these risks are also mitigated by the same
yang diberikan dan risiko tersebut juga procedures and policies.
dimitigasi dengan prosedur dan kebijakan yang
sama.
Selain agunan yang disebutkan di atas, agunan In addition to the collateral mentioned above,
yang diterima untuk kredit korporasi terutama collaterals for corporate loans mainly consists of
terdiri dari jaminan yang diterima dari guarantees received from the parent company of
perusahaan induk debitur, penjaminan kredit the debtor, corporate credit guarantees and other
korporasi dan entitas publik lainnya, lembaga public entities, financial institutions and other
keuangan dan perusahaan lain serta jaminan companies as well as collateral in the form of
berupa efek-efek. securities.
Porsi kredit yang diberikan yang mendapatkan The portion of loans that benefits from such
manfaat dari agunan, baik sebagian maupun partial or full collateralization as credit risk
penuh, sebagai mitigasi dari risiko kredit pada mitigation as of 31 December 2023 and 2022
tanggal 31 Desember 2023 dan 2022 masing- were 33.79% and 34.06% of total outstanding
masing sebesar 33,79% dan 34,06% dari loans, respectively.
jumlah kredit yang diberikan.
(ii) Eksposur maksimum risiko kredit (tanpa (ii) Maximum exposure to credit risk (without
memperhitungkan agunan dan perlindungan taking into account collateral held or other
kredit lainnya) credit enhancements)
Untuk aset keuangan yang diakui di laporan For financial assets recognized in the
posisi keuangan konsolidasian, eksposur consolidated statement of financial position, the
maksimum terhadap risiko kredit sama dengan maximum exposure to credit risk is equal to its
nilai tercatatnya. Untuk bank garansi dan carrying value. For bank guarantees and
irrevocable L/C yang diterbitkan, eksposur irrevocable L/C issued, maximum exposure to
maksimum terhadap risiko kredit adalah nilai credit risk is the value that must be paid by the
yang harus dibayarkan oleh Bank jika kewajiban Bank if the liabilities on the bank guarantee and
atas bank garansi dan irrevocable L/C yang irrevocable L/C issued has been occurred. For
diterbitkan terjadi. Untuk komitmen kredit, credit commitments, the maximum exposure to
eksposur maksimum atas risiko kredit adalah credit risk is equal to the amount of committed
sebesar jumlah komitmen fasilitas kredit credit facilities that have not been used by
(committed) yang belum digunakan oleh customers.
nasabah.
178
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. MANAJEMEN RISIKO (lanjutan) 41. RISK MANAGEMENT (continued)
Risiko kredit (lanjutan) Credit risk (continued)
(ii) Eksposur maksimum risiko kredit (tanpa (ii) Maximum exposure to credit risk (without
memperhitungkan agunan dan perlindungan taking into account collateral held or other
kredit lainnya) (lanjutan) credit enhancements) (continued)
Tabel berikut menyajikan eksposur maksimum The following table presents the Group’s
Grup terhadap risiko kredit untuk instrumen maximum exposure to credit risk of financial
keuangan pada laporan posisi keuangan instruments in the consolidated statement of
konsolidasian dan rekening administratif, tanpa financial position and off-balance sheet
memperhitungkan agunan yang dimiliki atau accounts, without taking into account any
perlindungan kredit lainnya: collateral held or other credit enhancements:
31 Desember/December
2023 2022
Giro pada Bank Indonesia 9,276,598) 10,215,350 Current accounts with Bank Indonesia
Giro pada bank-bank lain 962,229) 2,189,146 Current accounts with other banks
Penempatan pada Bank Indonesia Placements with Bank Indonesia and
dan bank-bank lain 8,964,278) 21,887,894 other banks
Efek-efek 17,263,557) 19,049,690 Securities
Tagihan derivatif 1,133,149) 1,746,824 Derivative receivables
Tagihan akseptasi 3,281,120) 3,065,359 Acceptance receivables
Pinjaman yang diberikan dan
pembiayaan/piutang syariah - Loans and sharia financing/
bersih receivables - net
- Korporasi 102,781,448) 95,209,651 Corporates -
- Pensiunan 22,190,683) 23,733,930 Pensioners -
- Usaha Mikro Kecil dan Micro Small and Medium -
Menengah (“UMKM”) 13,669,400) 10,722,188 Enterprises ("MSME")
- Pembiayaan/piutang syariah 10,173,945) 10,758,538 Sharia financing/receivables -
- Lainnya 3,127,774) 2,120,090 Others -
- Pendapatan bunga/marjin yang
masih akan diterima 1,097,796) 878,534 Accrued interest/margin income -
Penyertaan saham 102,586) 103,473 Investment in shares
Aset lain-lain 423,113) 228,822 Other assets
194,447,676) 201,909,489
Komitmen dan kontinjensi dengan Commitments and contingencies with
risiko kredit: credit risk:
Garansi yang diberikan 5,455,734) 5,608,120 Guarantees provided
Fasilitas kredit kepada nasabah
yang belum digunakan - Unused credit facilities to customers -
committed 10,870,217) 13,315,311 committed
Letters of credit yang tidak dapat
dibatalkan 721,016) 961,523 Irrevocable letters of credit
(iii) Konsentrasi risiko aset keuangan dengan (iii) Concentration of risks of financial assets with
eksposur risiko kredit credit risk exposure
Grup mengelola dan mengendalikan The Group manages and controls concentrations
konsentrasi risiko kredit dimanapun risiko of credit risk wherever they are identified - in
tersebut teridentifikasi - secara khusus, particular, to individual and group counterparties,
terhadap debitur individu dan kelompok, dan and to industries and geographical sectors.
industri serta sektor geografis.
Grup menentukan tingkat risiko kredit dan The Group structures the levels of credit and
pembiayaan yang dimiliki dengan menetapkan financing risk it undertakes by placing limits on
batas jumlah risiko yang bisa diterima yang the amount of risk accepted in relation to one or
terkait dengan satu debitur atau kelompok group borrowers.
debitur.
179
Page 568
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. MANAJEMEN RISIKO (lanjutan) 41. RISK MANAGEMENT (continued)
Risiko kredit (lanjutan) Credit risk (continued)
(iii) Konsentrasi risiko aset keuangan dengan (iii) Concentration of risks of financial assets with
eksposur risiko kredit (lanjutan) credit risk exposure (continued)
Konsentrasi risiko kredit berdasarkan sektor Credit risk concentration by geographical sectors
geografis adalah sebagai berikut: was as follows:
31 Desember/December 2023
Bali
dan/and Kalimantan
Nusa dan/and Jumlah/
Jawa/Java* Sumatera Tenggara Sulawesi Total
Current accounts with Bank
Giro pada Bank Indonesia 9,276,598 - - - 9,276,598 Indonesia
Current accounts with other
Giro pada bank-bank lain 961,885 121 95 128 962,229 banks
Penempatan pada Bank Placements with Bank
Indonesia dan bank-bank lain 8,964,278 - - - 8,964,278 Indonesia and other banks
Efek-efek 17,263,557 - - - 17,263,557 Securities
Tagihan derivatif 1,133,149 - - - 1,133,149 Derivative receivables
Tagihan akseptasi 3,281,120 - - - 3,281,120 Acceptance receivables
Pinjaman yang diberikan dan
pembiayaan/piutang syariah – Loans and sharia financing/
bersih 132,873,008 10,130,220 2,321,948 7,715,870 153,041,046 receivables - net
Penyertaan saham 102,564 8 - 14 102,586 Investment in shares
Aset lain-lain 421,775 591 194 553 423,113 Other assets
174,277,934 10,130,940 2,322,237 7,716,565 194,447,676
Komitmen dan kontinjensi Commitments and contingencies
dengan risiko kredit: with credit risk:
Garansi yang diterbitkan 5,455,734 - - - 5,455,734 Guarantees issued
Fasilitas kredit kepada nasabah
yang belum digunakan - Unused credit facilities to
committed 10,490,341 - - 379,876 10,870,217 customers - committed
Letters of credit yang tidak dapat
dibatalkan 721,016 - - - 721,016 Irrevocable letters of credit
*) Termasuk Kantor Pusat *) Including Head Office
31 Desember/December 2022
Bali
dan/and Kalimantan
Nusa dan/and Jumlah/
Jawa/Java* Sumatera Tenggara Sulawesi Total
Current accounts with Bank
Giro pada Bank Indonesia 10,215,350 - - - 10,215,350 Indonesia
Current accounts with other
Giro pada bank-bank lain 2,188,627 210 151 158 2,189,146 banks
Penempatan pada Bank Placements with Bank
Indonesia dan bank-bank lain 21,887,894 - - - 21,887,894 Indonesia and other banks
Efek-efek 19,049,690 - - - 19,049,690 Securities
Tagihan derivatif 1,746,824 - - - 1,746,824 Derivative receivables
Tagihan akseptasi 3,065,359 - - - 3,065,359 Acceptance receivables
Pinjaman yang diberikan dan
pembiayaan/piutang syariah – Loans and sharia financing/
bersih 124,387,704 9,194,397 2,355,909 7,484,921 143,422,931 receivables - net
Penyertaan saham 103,451 8 - 14 103,473 Investment in shares
Aset lain-lain 227,243 695 13 871 228,822 Other assets
182,872,142 9,195,310 2,356,073 7,485,964 201,909,489
Komitmen dan kontinjensi Commitments and contingencies
dengan risiko kredit: with credit risk:
Garansi yang diterbitkan 5,608,120 - - - 5,608,120 Guarantees issued
Fasilitas kredit kepada nasabah
yang belum digunakan – Unused credit facilities to
committed 13,315,311 - - - 13,315,311 customers - committed
Letters of credit yang tidak dapat
dibatalkan 961,523 - - - 961,523 Irrevocable letters of credit
*) Termasuk Kantor Pusat *) Including Head Office
180
Page 569
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. MANAJEMEN RISIKO (lanjutan) 41. RISK MANAGEMENT (continued)
Risiko kredit (lanjutan) Credit risk (continued)
(iii) Konsentrasi risiko aset keuangan dengan (iii) Concentration of risks of financial assets with
eksposur risiko kredit (lanjutan) credit risk exposure (continued)
Konsentrasi risiko kredit berdasarkan sektor Credit risk concentration by industry sectors was
industri adalah sebagai berikut: as follows:
31 Desember / December 2023
Lembaga
keuangan/ Jasa/
Pemerintah/ Financial Perdagangan/ Business Perindustrian/ Lain-lain/ Jumlah/
Government institution Trading services Manufacturing Others Total
Giro pada Bank Current accounts with
Indonesia 9,276,598 - - - - - 9,276,598 Bank Indonesia
Current accounts with
Giro pada bank-bank lain - 962,229 - - - - 962,229 other banks
Penempatan pada Bank Placements with Bank
Indonesia dan bank- Indonesia and other
bank lain 8,728,278 236,000 - - - - 8,964,278 banks
Efek-efek 15,144,339 1,859,875 - - 259,343 - 17,263,557 Securities
Tagihan derivatif - 1,098,893 8,526 102 25,628 - 1,133,149 Derivative receivables
Tagihan akseptasi - - 3,281,120 - - - 3,281,120 Acceptance receivables
Pinjaman yang diberikan
dan pembiayaan/ Loans and sharia
piutang syariah - financing/receivables -
bersih - 26,101,603 24,945,918 25,207,114 33,388,526 43,397,885 153,041,046 net
Penyertaan saham - 102,586 - - - - 102,586 Investment in shares
Aset lain-lain 593 269,950 - - - 152,570 423,113 Other assets
33,149,808 30,631,136 28,235,564 25,207,216 33,673,497 43,550,455 194,447,676
Commitments and
Komitmen dan kontinjensi contingencies
dengan risiko kredit: with credit risk:
Garansi yang diterbitkan - - 5,455,734 - - - 5,455,734 Guarantees issued
Fasilitas kredit kepada Unused credit facilities
nasabah yang belum to customers –
digunakan - committed - 1,022,645 798,933 2,769,881 2,458,078 3,820,680 10,870,217 committed
Letters of credit yang Irrevocable letters of
tidak dapat dibatalkan - - 721,016 - - - 721,016 credit
31 Desember/December 2022
Lembaga
keuangan/ Jasa/
Pemerintah/ Financial Perdagangan/ Business Perindustrian/ Lain-lain/ Jumlah/
Government institution Trading services Manufacturing Others Total
Giro pada Bank Current accounts with
Indonesia 10,215,350 - - - - - 10,215,350 Bank Indonesia
Current accounts with
Giro pada bank-bank lain - 2,189,146 - - - - 2,189,146 other banks
Penempatan pada Bank Placements with Bank
Indonesia dan bank- Indonesia and other
bank lain 21,482,219 405,675 - - - - 21,887,894 banks
Efek-efek 16,186,675 2,636,584 - - 226,431 - 19,049,690 Securities
Tagihan derivatif - 1,722,869 2,137 432 21,386 - 1,746,824 Derivative receivables
Tagihan akseptasi - - 3,065,359 - - - 3,065,359 Acceptance receivables
Pinjaman yang diberikan
dan pembiayaan/ Loans and sharia
piutang syariah - financing/receivables
bersih - 21,801,214 26,261,478 18,460,579 34,927,012 41,972,648 143,422,931 - net
Penyertaan saham - 103,473 - - - - 103,473 Investment in shares
Aset lain-lain 556 25,262 - - - 203,004 228,822 Other assets
47,884,800 28,884,223 29,328,974 18,461,011 35,174,829 42,175,652 201,909,489
Commitments and
Komitmen dan kontinjensi contingencies
dengan risiko kredit: with credit risk:
Garansi yang diterbitkan - - 5,608,120 - - - 5,608,120 Guarantees issued
Fasilitas kredit kepada Unused credit facilities
nasabah yang belum to customers -
digunakan - committed - 1,565,602 740,926 4,857,149 1,869,785 4,281,849 13,315,311 committed
Letters of credit yang Irrevocable letters of
tidak dapat dibatalkan - - 961,523 - - - 961,523 credit
Konsentrasi risiko kredit berdasarkan jenis The credit risk concentration by type of credit or
kredit atau pembiayaan, mata uang, sektor financing, currency, economic sector and
ekonomi dan hubungan dengan debitur relationship with debtors is disclosed in Note 11.
diungkapkan pada Catatan 11.
181
Page 570
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. MANAJEMEN RISIKO (lanjutan) 41. RISK MANAGEMENT (continued)
Risiko kredit (lanjutan) Credit risk (continued)
(iv) Kualitas kredit aset keuangan (iv) Credit quality of financial assets
Proses penentuan kualitas kredit Bank Process of determining the Bank’s credit quality
mengacu pada kolektibilitas sesuai peraturan refers to collectibility in accordance with the OJK
OJK. regulations.
Segmen korporasi Corporate segment
Untuk segmen korporasi, kualitas kredit dikelola For corporate segment, the quality of credit is
oleh Bank dengan menggunakan peringkat managed by the Bank using internal credit
kredit internal. Bank menentukan peringkat ratings. The Bank determines the rating of a
suatu debitur dengan terlebih dahulu debtor by first determining the financial grade
menetapkan peringkat keuangan (financial using a rating model from financial aspects and
grade) dengan menggunakan model peringkat data obtained from the debtor's financial
dari aspek keuangan dan data yang diperoleh statements, including net worth and cash flows.
dari laporan keuangan debitur, termasuk This financial grade is then adjusted by
kekayaan bersih dan arus kas. Peringkat considering the conditions of the debtor's
keuangan ini kemudian disesuaikan dengan financial position and qualitative factors to
mempertimbangkan kondisi dari posisi determine the grade of the debtor.
keuangan debitur dan faktor kualitatif untuk
menentukan peringkat debitur.
Faktor kualitatif terutama mencakup arus kas Qualitative factors mainly cover expected future
masa depan yang diharapkan dengan cash flows with considering some factors such
mempertimbangkan faktor-faktor seperti as historical loss information, conformity of the
informasi kerugian historis, kesesuaian debtor's business plan or operational
rencana bisnis debitur atau rencana perbaikan improvement plan, status of developments in the
operasional, status perkembangan rencana business plan and overall support from financial
bisnis dan dukungan menyeluruh dari lembaga institutions.
keuangan.
Selain prosedur peringkat di atas, dalam hal In addition of grading procedure above, in the
debitur dianggap sebagai anak perusahaan event that the debtor is considered as a
yang dikonsolidasi oleh induk perusahaan di subsidiary that is consolidated by a parent
luar negeri, peringkat debitur bisa ditentukan company abroad, the debtor's grading can be
dengan mengadopsi peringkat obligor determined by adopting an obligor grading based
berdasarkan kualitas kredit induk perusahaan on the quality of the parent loan or credit grading
atau peringkat kredit yang diberikan induk provided by the Bank's parent company. Debtor
perusahaan Bank terhadap induk perusahaan grading and facility grading are reviewed at least
tersebut. Peringkat debitur dan peringkat once a year, or if needed, when there are
fasilitas ditelaah paling sedikit setahun sekali, changes in credit.
atau bila diperlukan, ketika ada perubahan
kredit.
Peringkat internal untuk segmen korporasi Internal grading for corporate segment is
digolongkan sebagai berikut: categorized as follows:
• Debitur Grading 1-3 memiliki kemampuan • Grading 1-3 debtors have very strong ability
membayar kewajiban yang tinggi. to pay their obligations.
• Debitur Grading 4-6 tidak mengalami • Grading 4-6 debtors do not experience
kesulitan pembayaran kewajiban, namun difficulties to pay their obligations; however,
terdapat faktor bisnis atau ekonomi yang there are business or economy factors that
dapat menyebabkan masalah dalam may cause difficulties to pay the obligations.
pembayaran kewajiban.
• Debitur Grading 7A dan 7B memerlukan • Grading 7A and 7B debtors need special
pemantauan khusus karena bisnis yang observation as they experience
lesu/tidak stabil, atau masalah keuangan. sluggish/unstable business, or financial
issues.
• Debitur Grading 7R atau lebih rendah • Grading 7R or lower debtors represent
merupakan debitur yang telah mengalami debtors which are credit-impaired (default).
penurunan nilai (default).
182
Page 571
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. MANAJEMEN RISIKO (lanjutan) 41. RISK MANAGEMENT (continued)
Risiko kredit (lanjutan) Credit risk (continued)
(iv) Kualitas kredit aset keuangan (lanjutan) (iv) Credit quality of financial assets (continued)
Pada tanggal 31 Desember 2023 dan 2022, As of 31 December 2023 and 2022, the carrying
nilai tercatat aset keuangan berdasarkan amount of financial assets based on credit quality
kualitas kredit adalah sebagai berikut: was as follows:
31 Desember / December 2023
Tahap 1/ Tahap 2/ Tahap 3/ Syariah/ Jumlah/
Stage 1 Stage 2 Stage 3 Sharia Total
Current accounts with
Giro pada Bank Indonesia Bank Indonesia
Grade 1-3 8,613,155) -) -) 663,443) 9,276,598) Grade 1-3
Current accounts with
Giro pada bank-bank lain other banks
Grade 1-3 496,671) -) -) -) 496,671) Grade 1-3
Tanpa peringkat 462,061) -) -) 3,655) 465,716) Non-graded
958,732) -) -) 3,655) 962,387)
Penempatan pada Bank Placement with Bank
Indonesia dan bank- Indonesia and other
bank lain banks
Grade 1-3 8,626,278) -) -) -) 8,626,278) Grade 1-3
Tanpa peringkat -) -) -) 338,000) 338,000) Non-graded
8,626,278) -) -) 338,000) 8,964,278)
Efek-efek Securities
Grade 1-3 8,694,708) -) -) -) 8,694,708) Grade 1-3
Grade 4-6 -) 2,956) -) -) 2,956) Grade 4-6
Tanpa peringkat -) -) -) 8,566,692) 8,566,692) Non-graded
8,694,708) 2,956) -) 8,566,692) 17,264,356)
Tagihan derivatif Derivative receivables
Belum jatuh tempo 1,133,149) -) -) -) 1,133,149) Not yet overdue
Pinjaman yang diberikan
dan Loans and sharia
pembiayaan/piutang financing/
syariah: receivables:
Korporasi Corporates
Grade 1-3 85,561,286) 240,109) -) -) 85,801,395) Grade 1-3
Grade 4-6 5,567,387) 6,197,539) -) -) 11,764,926) Grade 4-6
Grade 7A-7B -) 224,543) -) -) 224,543) Grade 7A-7B
Default -) -) 5,063,549) -) 5,063,549) Default
91,128,673) 6,662,191) 5,063,549) -) 102,854,413)
Non-korporasi Non-corporates
Belum jatuh tempo 39,955,284) 331,736) 116,635) -) 40,403,655) Not yet overdue
Telah jatuh tempo Past due up to
sampai dengan 90
hari 394,080) 331,415) 48,876) -) 774,371) 90 days
Telah jatuh tempo Past due for
91-120 hari -) -) 91,773) -) 91,773) 91-120 days
Telah jatuh tempo Past due for
121-180 hari -) -) 100,524) -) 100,524) 121-180 days
Telah jatuh tempo Past due more
lebih dari 180 hari -) -) 948,700) -) 948,700) than 180 days
40,349,364) 663,151) 1,306,508) -) 42,319,023)
Dipindahkan 131,478,037) 7,325,342) 6,370,057) -) 145,173,436) Carry forward
183
Page 572
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. MANAJEMEN RISIKO (lanjutan) 41. RISK MANAGEMENT (continued)
Risiko kredit (lanjutan) Credit risk (continued)
(iv) Kualitas kredit aset keuangan (lanjutan) (iv) Credit quality of financial assets (continued)
Pada tanggal 31 Desember 2023 dan 2022, As of 31 December 2023 and 2022, the carrying
nilai tercatat aset keuangan berdasarkan amount of financial assets based on credit quality
kualitas kredit adalah sebagai berikut (lanjutan): was as follows (continued):
31 Desember/December 2023
Tahap 1/ Tahap 2/ Tahap 3/ Syariah/ Jumlah/
Stage 1 Stage 2 Stage 3 Sharia Total
Pinjaman yang diberikan Loans and sharia
dan pembiayaan/piutang financing/receivables
syariah (lanjutan): (continued):
Pindahan 131,478,037) 7,325,342) 6,370,057) -) 145,173,436) Carried forward
Syariah Sharia
Belum jatuh tempo -) -) -) 10,593,668) 10,593,668) Not yet overdue
Telah jatuh tempo tetapi
tidak mengalami Past due but not
penurunan nilai 1-30 impaired for
hari -) -) -) 143,281) 143,281) 1-30 days
Telah jatuh tempo tetapi
tidak mengalami Past due but not
penurunan nilai 31-60 impaired for
hari -) -) -) 143,129) 143,129) 31-60 days
Telah jatuh tempo tetapi
tidak mengalami Past due but not
penurunan nilai 61-90 impaired for
hari -) -) -) 173,266) 173,266) 61-90 days
Mengalami penurunan
nilai -) -) -) 334,517) 334,517) Impaired
-) -) -) 11,387,861) 11,387,861)
Pendapatan bunga/marjin
yang masih akan Accrued interest/
diterima 640,617) 80,697) 211,592) 164,890) 1,097,796) margin income
132,118,654) 7,406,039) 6,581,649) 11,552,751) 157,659,093)
Tagihan akseptasi Acceptance receivables
Grade 1-3 3,073,305) -) -) -) 3,073,305) Grade 1-3
Grade 4-6 30,792) 184,499) -) -) 215,291) Grade 4-6
Tanpa peringkat 1,161) -) -) -) 1,161) Non-graded
3,105,258) 184,499) -) -) 3,289,757)
Penyertaan saham Investment in shares
Tanpa peringkat 22,522) -) -) 80,064) 102,586) Non-graded
Aset lain-lain Other assets
Tanpa peringkat 405,850) -) -) 17,263) 423,113) Non-graded
163,678,306) 7,593,494) 6,581,649) 21,221,868) 199,075,317)
Cadangan kerugian Allowance for
penurunan nilai (634,415) (175,608) (2,603,702) (1,213,916) (4,627,641) impairment losses
163,043,891) 7,417,886) 3,977,947) 20,007,952) 194,447,676)
184
Page 573
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. MANAJEMEN RISIKO (lanjutan) 41. RISK MANAGEMENT (continued)
Risiko kredit (lanjutan) Credit risk (continued)
(iv) Kualitas kredit aset keuangan (lanjutan) (iv) Credit quality of financial assets (continued)
Pada tanggal 31 Desember 2023 dan 2022, As of 31 December 2023 and 2022, the carrying
nilai tercatat aset keuangan berdasarkan amount of financial assets based on credit quality
kualitas kredit adalah sebagai berikut (lanjutan): was as follows (continued):
31 Desember/December 2022
Tahap 1/ Tahap 2/ Tahap 3/ Syariah/ Jumlah/
Stage 1* Stage 2 Stage 3 Sharia Total
Current accounts with
Giro pada Bank Indonesia Bank Indonesia
Tanpa peringkat 10,215,350 - - - 10,215,350 Non-graded
Current accounts with
Giro pada bank-bank lain other banks
Grade 1-3 558,824 558,824 Grade 1-3
Tanpa peringkat 1,630,737 - - - 1,630,737 Non-graded
2,189,561 - - - 2,189,561
Penempatan pada Bank Placement with Bank
Indonesia dan bank- Indonesia and other
bank lain banks
Grade 1-3 1,457,631 - - - 1,457,631 Grade 1-3
Tanpa peringkat 20,430,434 - - - 20,430,434 Non-graded
21,888,065 - - - 21,888,065
Efek-efek Securities
Grade 1-3 1,739,297 - - - 1,739,297 Grade 1-3
Grade 4-6 - 1,478 - - 1,478 Grade 4-6
Tanpa peringkat 17,309,914 - - - 17,309,914 Non-graded
19,049,211 1,478 - - 19,050,689
Tagihan derivatif Derivative receivables
Belum jatuh tempo 1,746,824 - - - 1,746,824 Not yet overdue
Pinjaman yang diberikan Loans and sharia
dan pembiayaan/piutang financing/
syariah: receivables:
Korporasi Corporates
Grade 1-3 77,651,301 315,611 - - 77,966,912 Grade 1-3
Grade 4-6 6,421,326 7,689,124 - - 14,110,450 Grade 4-6
Grade 7A-7B - 101,189 - - 101,189 Grade 7A-7B
Default - - 3,130,632 - 3,130,632 Default
84,072,627 8,105,924 3,130,632 - 95,309,183
Non-korporasi Non-corporates
Belum jatuh tempo 36,929,086 299,053 117,374 - 37,345,513 Not yet overdue
Telah jatuh tempo Past due up to
sampai dengan 90 hari 383,823 323,590 264,942 - 972,355 90 days
Telah jatuh tempo Past due for
91-120 hari - - 67,708 - 67,708 91-120 days
Telah jatuh tempo Past due for
121-180 hari - - 91,663 - 91,663 121-180 days
Telah jatuh tempo Past due more
lebih dari 180 hari - - 809,631 - 809,631 than 180 days
37,312,909 622,643 1,351,318 - 39,286,870
Dipindahkan 121,385,536 8,728,567 4,481,950 - 134,596,053 Carry forward
*) Termasuk aset keuangan syariah dengan kualitas kredit lancar Include sharia financial assets with current credit quality *)
185
Page 574
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. MANAJEMEN RISIKO (lanjutan) 41. RISK MANAGEMENT (continued)
Risiko kredit (lanjutan) Credit risk (continued)
(iv) Kualitas kredit aset keuangan (lanjutan) (iv) Credit quality of financial assets (continued)
Pada tanggal 31 Desember 2023 dan 2022, As of 31 December 2023 and 2022, the carrying
nilai tercatat aset keuangan berdasarkan amount of financial assets based on credit quality
kualitas kredit adalah sebagai berikut (lanjutan): was as follows (continued):
31 Desember/December 2022
Tahap 1/ Tahap 2/ Tahap 3/ Syariah/ Jumlah/
Stage 1* Stage 2 Stage 3 Sharia Total
Pinjaman yang diberikan Loans and sharia
dan pembiayaan/piutang financing/receivables
syariah (lanjutan): (continued):
Pindahan 121,385,536) 8,728,567) 4,481,950) -) 134,596,053) Carried forward
Syariah Sharia
Belum jatuh tempo -) -) -) 10,949,316) 10,949,316) Not yet overdue
Telah jatuh tempo
tetapi tidak
mengalami Past due but not
penurunan nilai 1-30 impaired for
hari -) -) -) 99,466) 99,466) 1-30 days
Telah jatuh tempo
tetapi tidak
mengalami Past due but not
penurunan nilai 31-60 impaired for
hari -) -) -) 86,523) 86,523) 31-60 days
Telah jatuh tempo
tetapi tidak
mengalami Past due but not
penurunan nilai 61-90 impaired for
hari -) -) -) 86,831) 86,831) 61-90 days
Mengalami penurunan
nilai -) -) -) 305,327) 305,327) Impaired
-) -) -) 11,527,463) 11,527,463)
Pendapatan
bunga/marjin yang Accrued interest/
masih akan diterima 664,507) 65,410) 9,841) 138,776) 878,534) margin income
122,050,043) 8,793,977) 4,491,791) 11,666,239) 147,002,050)
Tagihan akseptasi Acceptance receivables
Grade 1-3 2,668,983) -) -) -) 2,668,983) Grade 1-3
Grade 4 -6 367,776) 33,095) -) -) 400,871) Grade 4-6
3,036,759) 33,095) -) -) 3,069,854)
Penyertaan saham Investment in shares
Tanpa peringkat 103,473) -) -) -) 103,473) Non-graded
Aset lain-lain ) Other assets
Tanpa peringkat 218,552) -) -) 10,270) 228,822) Non-graded
180,497,838) 8,828,550) 4,491,791) 11,676,509) 205,494,688)
Cadangan kerugian ) Allowance for
penurunan nilai (703,354) (273,934) (1,838,986) (768,925) (3,585,199) impairment losses
179,794,484) 8,554,616) 2,652,805) 10,907,584) 201,909,489)
*) Termasuk aset keuangan syariah dengan kualitas kredit lancar Include sharia financial assets with current credit quality *)
Penjelasan mengenai Tahap 1, Tahap 2 dan The explanation of Stage 1, Stage 2 and
Tahap 3 dapat dilihat pada Catatan 2i. Stage 3 can be referred to Note 2i.
186
Page 575
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. MANAJEMEN RISIKO (lanjutan) 41. RISK MANAGEMENT (continued)
Risiko kredit (lanjutan) Credit risk (continued)
(iv) Kualitas kredit aset keuangan (lanjutan) (iv) Credit quality of financial assets (continued)
Perubahan pada penyisihan kerugian Movement of the allowance for impairment
penurunan nilai berdasarkan jenis portofolio losses by credit/financing portfolio types was as
kredit/pembiayaan adalah sebagai berikut: follows:
Tahun berakhir 31 Desember 2023/
Year ended 31 December 2023
Pensiunan/ UMKM/ Korporasi/ Syariah/ Lainnya/ Jumlah/
Pension* MSME Corporate Sharia Others Total
Saldo awal 255,742) 974,353) 1,356,573) 768,925) 223,526) 3,579,119) Beginning balance
Penambahan 87,986) 179,215) 779,226) 1,898,117) 85,027) 3,029,571) Addition
Penerimaan kembali 16,022) 15,216) -) 48,284) 8,769) 88,291) Recovery
Penghapusbukuan (147,421) (276,955) -) (1,501,410) (140,258) (2,066,044) Write-off
Lainnya -) -) (12,890) -) -) (12,890) Others
Saldo akhir 212,329) 891,829) 2,122,909) 1,213,916) 177,064) 4,618,047) Ending balance
Tahun berakhir 31 Desember 2022/
Year ended 31 December 2022
Pensiunan/ UMKM/ Korporasi/ Syariah/ Lainnya/ Jumlah/
Pension* MSME Corporate Sharia Others Total
Saldo awal 276,449) 1,080,904) 1,707,880) 699,265) 189,201) 3,953,699) Beginning balance
Penambahan 138,319) 260,577) 314,575) 945,052) 96,153) 1,754,676) Addition
Penerimaan kembali 15,907) 23,167) -) 74,832) 6,288) 120,194) Recovery
Penghapusbukuan (174,933) (390,295) (288,142) (950,224) (68,116) (1,871,710) Write-off
Kerugian modifikasi -) -) (308,911) -) -) (308,911) Modification loss
Penjualan pinjaman -) -) (91,486) -) -) (91,486) Sale of loan
Lainnya -) -) 22,657) -) -) 22,657) Others
Saldo akhir 255,742) 974,353) 1,356,573) 768,925) 223,526) 3,579,119) Ending balance
*) Termasuk Kredit Pegawai Aktif Include Active Employee Loan*)
Risiko likuiditas Liquidity risk
Risiko likuiditas adalah risiko yang terjadi jika Grup Liquidity risk is the risk that the Group is unable to
tidak dapat memenuhi pembayaran kewajiban pada meet their payment obligations as they fall due,
saat jatuh tempo, termasuk pencairan simpanan including withdrawal of customer deposits. One of the
nasabah. Salah satu parameter yang digunakan parameters used is by analysing the maturity profile
adalah dengan menganalisa profil jatuh tempo dari from the funding sources, which are usually short
sumber pendanaan yang pada umumnya berjangka term, while most of the assets which were distributed
pendek dan sebagian besar aset yang disalurkan in the form of loans, are usually long-term. A relatively
dalam bentuk kredit dengan jangka waktu yang wide gap can increase liquidity risk.
pada umumnya berjangka panjang. Terjadinya
kesenjangan yang cukup besar akan dapat
meningkatkan risiko likuiditas.
Dalam mengantisipasi potensi tekanan likuiditas In anticipating potential liquidity pressures that may
yang mungkin terjadi, Grup telah mempersiapkan occur, the Group has prepared the funding strategy
strategi pendanaan dan cadangan likuiditas yang and adequate liquidity reserves which are adjusted to
memadai yang disesuaikan dengan kebutuhan the operational needs and the liquidity profile in order
operasional dan profil likuiditas agar selalu to always comply with the relevant regulations.
memenuhi regulasi terkait.
187
Page 576
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. MANAJEMEN RISIKO (lanjutan) 41. RISK MANAGEMENT (continued)
Risiko likuiditas (lanjutan) Liquidity risk (continued)
Profil jatuh tempo diproyeksikan atas jangka waktu This maturity profile is projected based on the
yang tersisa berdasarkan tanggal kontraktual aset remaining period to the contractual maturity date of
dan liabilitas tertentu. Secara historis, sebagian assets and liabilities. Historically, a significant portion
besar dari simpanan diperpanjang pada saat jatuh of deposits are rolled-over on the maturity date which
tempo yang dipengaruhi oleh perilaku nasabah dan is affected by customer behaviour and confidence
tingkat kepercayaan terhadap Grup. Untuk level to the Group. To manage the liquidity risk of this
mengelola risiko likuiditas atas kondisi tersebut, condition, the Group establishes appropriate
maka Grup menetapkan strategi yang sesuai dan strategies and sufficient amount of cash and liquid
jumlah kas dan aset likuid yang perlu dimiliki, yang assets that can be liquidated or used as collateral
dapat dicairkan atau dijadikan jaminan jika ada should there be an urgent need for liquidity.
kebutuhan likuiditas yang mendesak.
Tabel berikut ini menyajikan rincian sisa periode The following tables provide detail of remaining
sampai dengan tanggal jatuh tempo aset keuangan period to maturity date of financial assets (before
(sebelum cadangan kerugian penurunan nilai) dan allowance for impairment losses) and financial
liabilitas keuangan. liabilities.
31 Desember/December 2023
Sesuai
Jumlah/ permintaan/ ≤ 1 bulan/ > 1-3 bulan/ > 3-6 bulan/ > > 6-12 bulan/ > 12 bulan/
Total On demand ≤ 1 month > 1-3 months 3-6 months > 6-12 months > 12 months
Aset Assets
Kas 1,428,683) 1,428,683) -) -) -) -) -) Cash
Current accounts
Giro pada Bank -) -) -) -) -) with Bank
Indonesia 9,276,598) 9,276,598) Indonesia
Giro pada bank-bank Current accounts
lain 962,387) 962,387) -) -) -) -) -) with other banks
Penempatan pada Placements with
Bank Indonesia dan Bank Indonesia
bank-bank lain 8,964,278) -) 8,855,778) 108,500) -) -) -) and other banks
Efek-efek 17,264,356) -) 3,838,099) 5,192,894) 1,098,198) 1,477,625) 5,657,540) Securities
-) Derivative
Tagihan derivatif 1,133,149) 68,940) 91,953) 76,993) 142,831) 752,432) receivables
Acceptance
Tagihan akseptasi 3,289,757) -) 193,484) 1,624,722) 1,471,551) -) -) receivables
Pinjaman yang
diberikan dan Loans and sharia
pembiayaan/piutang financing/
syariah 157,659,093) -) 28,897,593) 19,849,556) 10,182,760 19,332,839) 79,396,345) receivables
Penyertaan saham 102,586) 102,586) -) -) -) -) -) Investment in shares
Aset lain-lain 423,113) 7,458) 407,093) -) 25) 187) 8,350) Other assets
Jumlah aset 200,504,000) 11,777,712( 42,260,987( 26,867,625( 12,829,527( 20,953,482( 85,814,667( Total assets
Liabilitas Liabilities
Obligations due
Liabilitas segera (71,606) -) (49,140) (22,466) -) -) -) immediately
Bagi hasil yang Undistributed
belum dibagikan (21,951) -) (21,951) -) -) -) -) revenue sharing
Giro (26,634,643) (26,628,683) (5,960) -) -) -) -) Current accounts
Tabungan (16,670,362) (16,668,863) (1,499) -) -) -) -) Saving deposits
Deposito berjangka Time deposits and
dan deposito on call (55,152,398) -) (41,962,192) (9,139,063) (2,185,498) (1,760,395) (105,250) deposits on call
Simpanan dari bank- Deposits from other
bank lain (10,822,121) (351,438) (8,600,028) (1,870,655) - -) -) banks
Liabilitas derivatif (1,072,104) -) (84,869) (102,060) (76,309) (131,318) (677,548) Derivative payables
Liabilitas akseptasi (2,323,633) -) (72,891) (1,248,426) (1,002,316) -) -) Acceptance payables
Surat berharga yang
diterbitkan (202,083) -) (1,514) -) -) (200,569) -) Securities issued
Pinjaman yang )
diterima (31,355,517) -) (151,020) -) (1,000,000) (4,197,515) (26,006,982) Borrowings
Pinjaman subordinasi (3,090,360) -) (10,960) -) -) -) (3,079,400) Subordinated loans
Liabilitas sewa (353,990) -) (1,866) (82) (831) (5,279) (345,932) Lease liabilities
Liabilitas lain-lain (505,982) (29,781) (471,241) (4,288) (629) (43) -) Other liabilities
Jumlah liabilitas (148,276,750) (43,678,765) (51,435,131) (12,387,040) (4,265,583) (6,295,119) (30,215,112) Total liabilities
52,227,250) (31,901,053) (9,174,144) 14,480,585 8,563,944) 14,658,363) 55,599,555)
Aset (liabilitas) bersih Net assets (liabilities)
188
Page 577
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. MANAJEMEN RISIKO (lanjutan) 41. RISK MANAGEMENT (continued)
Risiko likuiditas (lanjutan) Liquidity risk (continued)
Tabel berikut ini menyajikan rincian sisa periode The following tables provide detail of remaining period
sampai dengan tanggal jatuh tempo aset keuangan to maturity date of financial assets (before allowance
(sebelum cadangan kerugian penurunan nilai) dan for impairment losses) and financial liabilities
liabilitas keuangan (lanjutan). (continued).
31 Desember/December 2022
Sesuai
Jumlah/ permintaan/ ≤ 1 bulan/ > 1-3 bulan/ > 3-6 bulan/ > > 6-12 bulan/ > 12 bulan/
Total On demand ≤ 1 month > 1-3 months 3-6 months > 6-12 months > 12 months
Aset Assets
Kas 1,747,461 1,747,461 - - - - - Cash
Current accounts
Giro pada Bank with Bank
Indonesia 10,215,350 10,215,350 - - - - - Indonesia
Giro pada bank-bank Current accounts
lain 2,189,561 2,189,561 - - - - - with other banks
Penempatan pada Placements with
Bank Indonesia dan Bank Indonesia
bank-bank lain 21,888,065 - 21,798,065 90,000 - - - and other banks
Efek-efek 19,050,689 - 3,963,945 2,191,661 4,815,590 1,454,969 6,624,524 Securities
Derivative
Tagihan derivatif 1,746,824 - 97,184 81,870 42,664 239,221 1,285,885 receivables
Acceptance
Tagihan akseptasi 3,069,854 - 273,136 1,479,902 1,316,816 - - receivables
Pinjaman yang
diberikan dan
pembiayaan/piutang Loans and sharia
syariah 147,002,050 - 25,645,867 18,367,645 10,186,775 21,900,681 70,901,082 financing/receivabls
Penyertaan saham 103,473 103,473 - - - - - Investment in shares
Aset lain-lain 242,826 15,062 219,039 40 20 579 8,086 Other assets
Jumlah aset 207,256,153 14,270,907 51,997,236 22,211,118 16,361,865 23,595,450 78,819,577 Total assets
Liabilitas Liabilities
Obligations due
Liabilitas segera (59,045) -) (23,592) (35,453) -) -) -) immediately
Bagi hasil yang -) -) -) -) Undistributed
belum dibagikan (18,996) -) (18,996) revenue sharing
Giro (23,767,291) (23,765,802) (1,489) -) -) -) -) Current accounts
Tabungan (15,634,192) (15,632,533) (1,659) -) -) -) -) Saving deposits
Deposito berjangka Time deposits and
dan deposito on call (65,767,428) -) (54,446,288) (8,940,417) (1,438,514) (929,691) (12,518)) deposits on call
Simpanan dari bank- Deposits from other
bank lain (166,131) (166,131) - -) -) -) -) banks
Liabilitas derivatif (1,447,736) -) (82,402) (52,316) (26,381) (211,283) (1,075,354) Derivative payables
Liabilitas akseptasi (2,356,828) -) (155,693) (1,207,933) (993,202) -) -) Acceptance payables
Surat berharga yang
diterbitkan (201,648) -) (1,514) -) -) -) (200,134) Securities issued
Pinjaman yang
diterima (45,067,408) -) (155,802) -) (3,500,000) (2,100,000) (39,311,606) Borrowings
Pinjaman subordinasi (3,125,578) -) (12,078) -) -) -) (3,113,500) Subordinated loans
Liabilitas sewa (425,887) -) (14,590) -) (2,203) (5,639) (403,455) Lease liabilities
Liabilitas lain-lain (330,316) (29,756) (296,638) (3,396) (513) (13) -) Other liabilities
Jumlah liabilitas (158,368,484) (39,594,222) (55,210,741) (10,239,515) (5,960,813) (3,246,626) (44,116,567) Total liabilities
48,887,669) (25,323,315) (3,213,505) 11,971,603) 10,401,052) 20,348,824) 34,703,010)
Aset (liabilitas) bersih Net assets (liabilities)
189
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. MANAJEMEN RISIKO (lanjutan) 41. RISK MANAGEMENT (continued)
Risiko likuiditas (lanjutan) 0 Liquidity risk (continued)
Tabel berikut ini menunjukkan arus kas kontraktual The following table shows the contractual
yang tidak didiskonto dari liabilitas keuangan dan undiscounted cash flows of the Group’s financial
rekening administratif Grup berdasarkan periode liabilities and administrative accounts based on the
tersisa sampai dengan jatuh tempo kontraktual: remaining period to contractual maturity:
31 Desember/December 2023
Nilai nominal
bruto arus kas
masuk Hingga
(keluar)/Gross 1 bulan/
Nilai tercatat/ nominal inflow Up to >1 - 3 bulan/ >3 - 12 bulan/ >1 - 2 tahun/ >2 tahun/
Carrying amount (outflow) 1 month months months years years
Liabilitas non-derivatif Non-derivative liabilities
Liabilitas segera (71,606) (71,606) (71,606) -) -) -) -) Obligations due immediately
Bagi hasil yang Undistributed revenue
belum dibagikan (21,951) (21,951) (21,951) -) -) -) -) sharing
Giro (26,634,643) (26,683,135) (26,683,135) -) -) -) -) Current accounts
Tabungan (16,670,362) (16,678,067) (16,666,200) (3,718) (6,685) (1,464) -) Saving deposits
Deposito berjangka dan deposito Time deposits and
on call (55,152,398) (55,260,504) (42,005,549) (9,236,499) (4,014,576) (3,880) -) deposits on call
Simpanan dari bank-bank lain (10,822,121) (10,825,968) (8,954,247) (1,871,721) - -) -) Deposits from other banks
Liabilitas akseptasi (2,323,633) (2,323,633) (72,891) (1,248,426) (1,002,316) -) -) Acceptance payables
Surat berharga yang diterbitkan (202,083) (266,275) (50,000) (3,926) (212,349) -) -) Securities issued
Pinjaman yang diterima (31,355,517) (35,035,603) (151,260) (403,641) (6,693,882) (22,411,003) (5,375,817) Borrowing
Pinjaman subordinasi (3,090,360) (4,129,079) - (53,827) (161,480) (215,307) (3,698,465) Subordinated loans
Liabilitas sewa (353,990) (365,048) (28,813) (4,930) (101,466) (123,378) (106,461) Lease liability
Liabilitas lain-lain (505,982) (505,982) (505,982) -) -) -) -) Other liabilities
(147,204,646) (152,166,851) (95,211,634) (12,826,688) (12,192,754) (22,755,032) (9,180,743)
Liabilitas derivatif (1,072,104) Derivative payables
Arus kas masuk -) 30,558,152) 10,534,268) 4,792,544) 6,654,894) 4,302,673) 4,273,773) Cash inflow
Arus kas keluar -) (31,791,298) (10,638,886) (4,949,849) (7,047,313) (4,584,282) (4,570,968) Cash outflow
(1,072,104) (1,233,146) (104,618) (157,305) (392,419) (281,609) (297,195)
L/C yang tidak dapat dibatalkan -) (721,017) (273,495) (247,757) (199,765) -) -) Irrevocable L/C
Fasilitas kredit yang belum Unused credit
digunakan - committed -) (10,870,217) -) -) (2,574,317) (865,241) (7,430,659) facilities - committed
Garansi yang diterbitkan -) (5,455,734) (430,838) (753,099) (2,348,957) (812,067) (1,110,773) Guarantees issued
-) (17,046,968) (704,333) (1,000,856) (5,123,039) (1,677,308) (8,541,432)
(148,276,750) (170,446,965) (96,020,585) (13,984,849) (17,708,212) (24,713,949) (18,019,370)
Jumlah Total
31 Desember/December 2022
Nilai nominal
bruto arus kas
masuk Hingga
(keluar)/Gross 1 bulan/
Nilai tercatat/ nominal inflow Up to >1 - 3 bulan/ >3 - 12 bulan/ >1 - 2 tahun/ >2 tahun/
Carrying amount (outflow) 1 month months months years years
Liabilitas non-derivatif Non-derivative liabilities
Liabilitas segera (59,045) (59,045) (59,045) -) -) -) -) Obligations due immediately
Bagi hasil yang Undistributed revenue
belum dibagikan (18,996) (18,996) (18,996) -) -) -) -) sharing
Giro (23,767,291) (23,793,972) (23,793,972) -) -) -) -) Current accounts
Tabungan (15,634,192) (15,641,692) (15,632,030) (2,077) (6,637) (948) -) Saving deposits
Deposito berjangka dan deposito Time deposits and
on call (65,767,428) (66,041,088) (54,613,246) (9,009,990) (2,404,884) (12,968) -) deposits on call
Simpanan dari bank-bank lain (166,131) (176,247) (176,247) -) -) -) -) Deposits from other banks
Liabilitas akseptasi (2,356,828) (2,356,828) (156,346) (1,207,280) (993,202) -) -) Acceptance payables
Surat berharga yang diterbitkan (201,648) (231,545) -) (3,926) (11,779) (215,840) -) Securities issued
Pinjaman yang diterima (45,067,408) (48,556,032) (199,919) (384,208) (7,273,145) (39,290,872) (1,407,888) Borrowing
Pinjaman subordinasi (3,125,578) (4,255,954) -) (48,599) (145,797) (194,397) (3,867,161) Subordinated loans
Liabilitas sewa (425,887) (514,752) (41,400) (6,554) (103,587) (134,340) (228,871) Lease liability
Liabilitas lain-lain (330,316) (330,316) (330,316) -) -) -) -) Other liabilities
(156,920,748) (161,976,467) (95,021,517) (10,662,634) (10,939,031) (39,849,365) (5,503,920)
Liabilitas derivatif (1,447,736) Derivative payables
Arus kas masuk -) 17,408,697) 3,970,439) 1,694,152) 3,878,369) 3,855,642) 4,010,095) Cash inflow
Arus kas keluar -) (19,064,558) (4,057,995) (1,801,098) (4,336,680) (4,264,952) (4,603,833) Cash outflow
(1,447,736) (1,655,861) (87,556) (106,946) (458,311) (409,310) (593,738)
L/C yang tidak dapat dibatalkan -) (961,523) (428,005) (335,780) (197,738) -) -) Irrevocable L/C
Fasilitas kredit yang belum Unused credit
digunakan - committed -) (13,315,311) -) (1,464,656) (3,500,806) (435,416) (7,914,433) facilities - committed
Garansi yang diterbitkan -) (5,608,120) (697,906) (680,026) (2,600,755) (1,629,433) -) Guarantees issued
-) (19,884,954) (1,125,911) (2,480,462) (6,299,299) (2,064,849) (7,914,433)
)
(158,368,484) (183,517,282) (96,234,984) (13,250,042) (17,696,641) (42,323,524) (14,012,091)
Jumlah Total
190
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. MANAJEMEN RISIKO (lanjutan) 41. RISK MANAGEMENT (continued)
Risiko likuiditas (lanjutan) Liquidity risk (continued)
Tabel sebelumnya menyajikan arus kas yang tidak The previous table shows the undiscounted cash
didiskontokan dari liabilitas keuangan Grup flows on the Group’s financial liabilities on the basis of
berdasarkan periode jatuh tempo kontraktual yang their earliest possible contractual maturity. The Group
paling dekat. Arus kas yang diharapkan atas expected cash flows on these instruments may vary
instrumen keuangan Grup mungkin berbeda from this analysis. For example, deposits are
dengan analisis ini. Sebagai contoh, simpanan expected to maintain a stable or increasing balance
diharapkan memiliki saldo yang stabil atau or unused credit facilities to customer-committed are
meningkat atau fasilitas kredit kepada nasabah not all expected to be drawn down immediately.
yang belum digunakan (committed) tidak
seluruhnya diharapkan untuk segera digunakan.
Nilai nominal arus kas masuk/(keluar) yang The nominal inflow/(outflow) disclosed in the above
diungkapkan pada tabel di atas menyajikan arus kas tables represents the contractual undiscounted cash
kontraktual yang tidak didiskontokan terkait dengan flows relating to the principal and interest on the
nilai pokok dan bunga dari liabilitas keuangan. financial liabilities. The disclosure for derivatives
Pengungkapan instrumen derivatif menunjukkan shows the net amount of derivatives that are net
nilai bersih derivatif yang dapat diselesaikan secara settled, and a gross inflow and outflow amount for
neto, juga nilai bruto arus kas masuk dan keluar derivatives that have simultaneous gross settlement.
untuk derivatif yang diselesaikan secara bruto. Arus The cash flows of derivatives liabilities in the table
kas liabilitas derivatif seperti yang ditunjukkan di represent the cash flows based on contractual
tabel di atas merupakan arus kas berdasarkan jatuh maturities which the Group believes is essential for an
tempo kontraktual yang menurut Grup adalah understanding of the timing of the cash flows.
penting untuk memahami jadwal dari arus kas.
Kebijakan yang dijalankan Grup dalam Policies adopted by the Group in managing its liquidity
mengendalikan risiko likuiditas adalah: risk include:
- Menetapkan kebijakan pengendalian risiko - Application of a liquidity risk control policy that is
likuiditas yang telah disesuaikan dengan misi, suited to the mission, business strategy, capital
strategi bisnis, kecukupan permodalan, sumber adequacy, human resources and appetite for risk
daya manusia dan risk appetite Grup. of the Group.
- Menetapkan kebijakan dan prosedur penetapan - Application of a liquidity risk limit policies and
limit risiko likuiditas secara tertulis, lengkap, procedures that are written, complete, adequate
memadai dan cukup mudah ditelusuri. and easy to follow.
- Menjaga cadangan likuiditas agar sesuai - Maintain liquidity reserves to match the ALCO’s
dengan rekomendasi ALCO. recommendation.
- Mengelola portofolio pendanaan untuk - Managing it’s funding portfolio to avoid
menghindari risiko konsentrasi dan concentration risk and dependence on single
ketergantungan pada sumber pendanaan source of funding. It is monitored by ALCO and
tertentu. Hal ini dimonitor secara bulanan oleh Risk Management Committee (RMC).
ALCO dan Risk Management Committee (RMC).
- Fungsi pengawasan yang independen dari - The independent monitoring function of the risk
satuan kerja manajemen risiko. management working unit.
Untuk menjaga ketahanan likuiditas, Bank To maintain its liquidity resilience, the Bank monitor
melakukan pemantauan terhadap rasio kecukupan the Liquidity Coverage Ratio (LCR) and a Net Stable
likuiditas (Liquidity Coverage Ratio/LCR) dan rasio Funding Ratio (NSFR). Apart of being the
pendanaan stabil bersih (Net Stable Funding requirements that must be complied with, internally
Ratio/NSFR). Selain sebagai bagian dari ketentuan Bank also set those ratios as part of the early
yang wajib dipatuhi, secara internal Bank juga warning indicator and the recovery plan indicators
menetapkan rasio-rasio tersebut ditetapkan sebagai which are monitored on a daily basis.
bagian dari indikator peringatan dini (early warning
indicators) dan indikator rencana pemulihan
(recovery plan) yang dimonitor secara harian.
191
Page 580
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. MANAJEMEN RISIKO (lanjutan) 41. RISK MANAGEMENT (continued)
Risiko likuiditas (lanjutan) Liquidity risk (continued)
LCR dikelola dengan memelihara asset likuid yang LCR is managed by maintaining high quality liquid
berkualitas tinggi (High Quality Liquid Assets/HQLA) assets (HQLA) which enables Bank to cover the
untuk dapat memenuhi potensi dana keluar bersih potential net outflows within the next 30 days in
dalam 30 hari kedepan sesuai dengan skenario accordance with the scenario determined based on
yang ditetapkan berdasarkan regulasi dari Otoritas regulations from Otoritas Jasa Keuangan (OJK).
Jasa Keuangan (OJK). Sedangkan NSFR bertujuan Meanwhile, the NSFR aims to maintain a stable
untuk memelihara profil pendanaan stabil yang funding profile that is adjusted to the composition of
disesuaikan dengan komposisi aset dan transaksi assets and administrative account transactions of the
rekening administratif Bank sesuai dengan Bank in accordance with regulations from OJK.
peraturan dari OJK.
Laporan LCR dan NSFR disampaikan secara LCR and NSFR reports are submitted periodically to
berkala kepada Otoritas Jasa Keuangan (OJK) dan Otoritas Jasa Keuangan (OJK) and published in
dipublikasikan sesuai dengan ketentuan yang accordance with applicable regulations.
berlaku.
Risiko pasar Market risk
Risiko pasar adalah potensi timbulnya kerugian Market risk is the potential loss in book value or future
dalam nilai buku atau fluktuasi arus kas di masa cash flows fluctuation due to changes in interest rates
mendatang yang diakibatkan oleh perubahan suku or exchange rates.
bunga atau nilai tukar.
Bank secara internal berupaya memastikan Bank internally seeks to ensure exposures, as well as
eksposur, transaksi dan ekspansi dalam valuta asing foreign exchange and interest rates based
dan berdasarkan suku bunga yang dilakukan bisnis transactions and expansion undertaken by the
telah sesuai dengan limit dan risk appetite Bank. business is in accordance with the Bank's limits and
risk appetite.
Secara keseluruhan, risiko pasar dibagi menjadi In overall, market risk is divided into two following
dua risiko sebagai berikut: risks:
(i) Risiko mata uang asing (i) Foreign currency risk
Risiko mata uang asing timbul dari adanya Foreign exchange risk arises from on and off-
posisi neraca dan komitmen dan kontinjensi balance sheet positions both on the asset and
(off-balance sheet) baik di sisi aset maupun liability sides through transactions in foreign
liabilitas yang timbul melalui transaksi mata currencies.
uang asing.
Bank mengukur risiko nilai tukar untuk melihat The Bank measures the foreign exchange risk to
dampak perubahan nilai tukar pada pendapatan understand the impact of the exchange rate
dan modal Bank. Untuk mengelola dan movement on the Bank’s revenue and capital. In
memitigasi risiko nilai tukar, pembatasan posisi order to manage and mitigate the foreign
secara internal ditetapkan jauh di bawah limit exchange risk, predefined internal limits are set
posisi devisa neto yang ditetapkan regulator. below net open position limit that is defined by
Bank juga memonitor stop loss limit untuk regulator. The Bank also monitors stop loss limit
menjaga tingkat kerugian yang disebabkan oleh to maintain the loss rate caused by movement in
pergerakan pada nilai pasar tidak melebihi market value do not not exceed the specified
kisaran yang telah ditetapkan. range.
Entitas Anak tidak memiliki aset maupun The Subsidiary does not have any assets or
liabilitas keuangan dalam mata uang asing, liabilities which are denominated in foreign
maupun posisi untuk diperdagangkan, currencies, or held for trading, thus the
sehingga Entitas Anak tidak memiliki risiko mata Subsidiary does not have foreign currency risk.
uang asing.
192
Page 581
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. MANAJEMEN RISIKO (lanjutan) 41. RISK MANAGEMENT (continued)
Risiko pasar (lanjutan) Market risk (continued)
(i) Risiko mata uang asing (lanjutan) (i) Foreign currency risk (continued)
Posisi Devisa Neto Net Open Position
Berdasarkan Peraturan Bank Indonesia Based on the prevailing Bank Indonesia
mengenai Posisi Devisa Neto yang berlaku, Regulation relating with Net Open Position, the
maksimum Posisi Devisa Neto adalah 20% dari maximum Net Open Position is at 20% of capital.
modal.
Posisi Devisa Neto adalah jumlah dari nilai Net Open Position is the sum of the absolute
absolut selisih bersih aset dan liabilitas dalam values of the net difference between assets and
laporan posisi keuangan untuk setiap mata liabilities in the statement of financial position for
uang asing dan selisih bersih tagihan dan each foreign currency and the net difference of
kewajiban komitmen dan kontinjensi dalam receivables and commitments and contingent
rekening administratif untuk setiap mata uang liabilities in the administrative accounts for each
asing, yang semuanya dinyatakan dalam foreign currency, which are all stated in Rupiah.
Rupiah.
Berikut adalah Posisi Devisa Neto Bank pada Below is the Net Open Position of Bank as of
tanggal 31 Desember 2023 dan 2022 dalam 31 December 2023 and 2022 in currency
mata uang (ekuivalen Rupiah). Nilai ini adalah (Rupiah equivalent). These amounts are
yang dilaporkan kepada Bank Indonesia pada reported to Bank Indonesia on the statement of
tanggal laporan posisi keuangan sebagai financial position’s date as part of daily reporting.
bagian dari laporan harian.
31 Desember/December 2023
Posisi Devisa
Neto/
Aset/ Liabilitas/ Net Open
Mata Uang Assets Liabilities Position Currencies
Laporan posisi keuangan dan Statement of financial position
rekening administratif and off-balance sheet
Dolar Amerika Serikat 95,526,416 95,662,487 136,071 United States Dollar
Yen Jepang 3,329,464 3,325,257 4,207 Japanese Yen
Dolar Singapura 207,782 196,172 11,610 Singapore Dollar
Euro Eropa 377,550 363,445 14,105 European Euro
Baht Thailand 18,493 18,487 6 Thailand Baht
Poundsterling Inggris 42,748 35,283 7,465 British Poundsterling
Dolar Australia 54,763 48,348 6,415 Australian Dollar
Yuan China 11,227 12,538 1,311 China Yuan
Dolar Hong Kong 3,912 8,080 4,168 Hong Kong Dollar
Franc Swiss 491 - 491 Swiss Franc
Rupee India 74 - 74 Indian Rupee
Ringgit Malaysia 1 - 1 Malaysia Ringgit
jJumlah 185,924 Total
Jumlah Modal Tier I dan II 35,452,414 Total Tier I and II Capital
Rasio PDN 0.52% NOP Ratio
31 Desember/December 2022
Posisi Devisa
Neto/
Aset/ Liabilitas/ Net Open
Mata Uang Assets Liabilities Position Currencies
Laporan posisi keuangan dan Statement of financial position
rekening administratif and off-balance sheet
Dolar Amerika Serikat 91,937,455 92,027,248 89,793 United States Dollar
Yen Jepang 2,782,946 2,784,000 1,054 Japanese Yen
Dolar Singapura 153,753 151,179 2,574 Singapore Dollar
Euro Eropa 549,811 548,073 1,738 European Euro
Baht Thailand 84,304 89,911 5,607 Thailand Baht
Poundsterling Inggris 35,593 36,100 507 British Poundsterling
Dolar Australia 38,727 31,458 7,269 Australian Dollar
Yuan China 5,390 4,802 588 China Yuan
Dolar Hong Kong 452 1,151 699 Hong Kong Dollar
Franc Swiss 226 - 226 Swiss Franc
Rupee India 30 - 30 Indian Rupee
jJumlah 110,085 Total
Jumlah Modal Tier I dan II 33,705,339 Total Tier I and II Capital
Rasio PDN 0.33% NOP Ratio
193
Page 582
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. MANAJEMEN RISIKO (lanjutan) 41. RISK MANAGEMENT (continued)
Risiko pasar (lanjutan) Market risk (continued)
(i) Risiko mata uang asing (lanjutan) (i) Foreign currency risk (continued)
Sensitivitas Bank terhadap mata uang asing The Bank’s sensitivity to foreign currency is
diperhitungkan dengan menggunakan calculated using net difference between assets
informasi selisih bersih aset dan liabilitas dalam and liabilities in the statement of financial position
laporan posisi keuangan untuk setiap mata for each foreign currency and the net difference of
uang asing dan selisih bersih tagihan dan receivables and commitments and contingent
kewajiban komitmen dan kontinjensi dalam liabilities in the off-balance sheet accounts for
rekening administratif untuk setiap mata uang each foreign currency information.
asing.
Tabel di bawah ini mengikhtisarkan sensitivitas The table below shows the sensitivity of the
laba bersih Bank (linier) pada tanggal Bank’s net income (linear) to movement of foreign
31 Desember 2023 dan 2022 atas perubahan exchange rates as of 31 December 2023 and
nilai tukar mata uang asing yaitu: 2022:
Menambah (mengurangi)
laba bersih/
Increase (decrease) net income
2023 2022
lIDR melemah 1% (972) (852) IDR weakening by 1%
lIDR menguat 1% 972) 852) IDR strengthening by 1%
Proyeksi di atas mengasumsikan bahwa The above projection assumes that foreign
perubahan nilai tukar mata uang asing exchange rates move by the same amount and,
bergerak pada jumlah yang sama sehingga therefore, do not reflect the potential impact on
tidak mencerminkan perubahan potensial profit of some rates changing while others remain
kepada laba atas perubahan beberapa nilai unchanged. The projections also assume that all
tukar mata uang asing sementara lainnya tidak other variables are held constant and are based
berubah. Proyeksi juga mengasumsikan on a constant reporting date position and that all
bahwa seluruh variabel lainnya adalah konstan positions run to maturity.
dan berdasarkan tanggal pelaporan yang
konstan serta seluruh posisi berjalan hingga
jatuh tempo.
(ii) Risiko suku bunga (ii) Interest rate risk
Pendapatan Bank yang berasal dari kegiatan The Bank’s income from conventional activities
konvensional merupakan selisih antara bunga are derived from the difference between the
yang dihasilkan dari sisi aset dengan bunga interest generated on the asset side and the
yang dibayarkan kepada dana pihak ketiga. interest paid to third party funds. If not
Perubahan tingkat bunga jika tidak diantisipasi anticipated, changes in interest rates can result in
dapat menyebabkan penurunan pendapatan a decrease in the Bank’s income.
Bank.
Risiko suku bunga berdampak pada fluktuasi Interest rate risk has an effect to future cash flows
arus kas di masa mendatang baik pada aset fluctuation of both assets and liabilities. It can
maupun liabilitas. Hal ini dapat mempengaruhi affect the Bank’s interest income and fair value of
pendapatan bunga Bank maupun nilai wajar the financial instruments.
dari instrumen keuangan yang dimiliki Bank.
Bisnis utama Entitas Anak adalah memberikan The Subsidiary’s main business is to provide
pembiayaan dengan akad murabahah. financing with murabahah contracts. The
Pendapatan marjin murabahah dipengaruhi murabahah margin income is affected by the
oleh harga pembiayaan atau suku bunga di financing price or interest rate in the conventional
pasar konvensional. market.
194
Page 583
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. MANAJEMEN RISIKO (lanjutan) 41. RISK MANAGEMENT (continued)
Risiko pasar (lanjutan) Market risk (continued)
(ii) Risiko suku bunga (lanjutan) (ii) Interest rate risk (continued)
Manajemen risiko suku bunga Interest rate risk management
Kebijakan yang dijalankan Grup dalam Policies adopted by the Group in managing its
pengendalian terhadap risiko suku bunga interest rate risk include:
mencakup:
- Memantau limit risiko suku bunga. - Monitoring of interest rate risk limit.
- Mengelola risiko suku bunga sesuai - Managing interest rate risk in accordance
regulasi terkait dan kebijakan internal with relevant regulations and Bank's internal
Bank. policies.
- Melakukan simulasi perhitungan - Conduct simulation of net margin income
pendapatan marjin bersih terhadap semua calculation toward all possible market interest
kemungkinan perubahan tingkat suku rate changes.
bunga di pasar.
Tabel di bawah ini mengikhtisarkan eksposur The tables below summarise the exposures of
instrumen keuangan Grup terhadap risiko financial instruments of the Group to interest rate
tingkat suku bunga. risks.
31 Desember/December 2023
Suku bunga mengambang/Floating rate Bunga tetap/Fixed rate
Tidak
dikenakan
bunga/
>3-6 >3-6 > 6 - 12 Non-
≤ 1 bulan/ 1 - 3 bulan/ bulan/ ≤ 1 bulan/ 1 - 3 bulan/ bulan/ bulan/ > 12 bulan/ interest Jumlah/
month months months month months months months months bearing Total
Aset Assets
Kas - - - - - - - - 1,428,683 1,428,683 Cash
Current accounts
Giro pada Bank with Bank
Indonesia - - - 9,276,598 - - - - - 9,276,598 Indonesia
Giro pada bank- Current accounts
bank lain - - - 962,387 - - - - - 962,387 with other banks
Penempatan
pada Bank Placements with
Indonesia dan Bank Indonesia
bank-bank lain - - - 8,853,154 108,500 - - - 2,624 8,964,278 and other banks
Efek-efek - - - 3,687,758 5,192,893 1,098,198 1,557,689 5,577,475 150,343 17,264,356 Securities
Derivative
Tagihan derivatif - - - - - - - - 1,133,149 1,133,149 receivables
Tagihan Acceptance
akseptasi - - - - - - - - 3,289,757 3,289,757 receivables
Pinjaman yang
diberikan dan
pembiayaan/ Loans and sharia
piutang financing/
syariah 48,638,687 27,012,683 5,437,501 18,518,832 4,973,021 6,602,727 13,944,202 28,833,876 3,697,564 157,659,093 receivables
Penyertaan Investment in
saham - - - - - - - - 102,586 102,586 shares
Aset lain-lain - - - - - - - - 423,113 423,113 Other assets
Jumlah aset
keuangan,
sebelum Total financial
cadangan assets before
kerugian allowance for
penurunan nilai 48,638,687 27,012,683 5,437,501 41,298,729 10,274,414 7,700,925 15,501,891 34,411,351 10,227,819 200,504,000 impairment losses
Liabilitas Liabilities
Obligations due
Liabilitas segera - - - - - - - - (71,606) (71,606) immediately
Simpanan dari Deposits from
nasabah - - - (85,087,550) (9,139,063) (2,185,498) (1,760,395) (105,250) (179,647) (98,457,403) customers
Simpanan dari Deposits from
bank-bank lain - - - (8,943,983) (1,870,655) - - - (7,483) (10,822,121) other banks
Liabilitas derivatif - - - - - - - - (1,072,104) (1,072,104) Derivative payables
Liabilitas Acceptance
akseptasi - - - - - - - - (2,323,633) (2,323,633) payables
Surat berharga
yang
diterbitkan - - - - - - (200,569) - (1,514) (202,083) Securities issued
Pinjaman yang
diterima (13,642,758) (15,503,211) - - - - (697,515) (1,361,013) (151,020) (31,355,517) Borrowings
Pinjaman
subordinasi - (3,079,400) - - - - - - (10,960) (3,090,360) Subordinated loans
Liabilitas sewa - - - - - - - - (353,990) (353,990) Lease liabilities
Liabilitas lain-lain - - - - - - - - (505,982) (505,982) Other liabilities
Jumlah liabilitas Total financial
keuangan (13,642,758) (18,582,611) - (94,031,533) (11,009,718) (2,185,498) (2,658,479) (1,466,263) (4,677,939) (148,254,799) liabilities
Jumlah gap
repricing suku 34,995,929 8,430,072 5,437,501 (52,732,804) (735,304) 5,515,427 12,843,412 32,945,088 5,549,880 52,249,201 Total interest
bunga repricing gap
195
Page 584
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. MANAJEMEN RISIKO (lanjutan) 41. RISK MANAGEMENT (continued)
Risiko pasar (lanjutan) Market risk (continued)
(ii) Risiko tingkat bunga (lanjutan) (ii) Interest rate risk (continued)
Manajemen risiko tingkat bunga (lanjutan) Interest rate risk management (continued)
Tabel di bawah ini mengikhtisarkan eksposur The tables below summarise the exposures of
instrumen keuangan Grup terhadap risiko financial instruments of the Group to interest rate
tingkat suku bunga (lanjutan). risks (continued).
31 Desember/December 2022
Suku bunga mengambang/Floating rate Bunga tetap/Fixed rate
Tidak
dikenakan
bunga/
>3-6 >3-6 > 6 - 12 Non-
≤ 1 bulan/ 1 - 3 bulan/ bulan/ ≤ 1 bulan/ 1 - 3 bulan/ bulan/ bulan/ > 12 bulan/ interest Jumlah/
month months months month months months months months bearing Total
Aset Assets
Kas - - - - - - - - 1,747,461 1,747,461 Cash
Current accounts
Giro pada Bank with Bank
Indonesia - - - 10,215,350 - - - - - 10,215,350 Indonesia
Giro pada bank- Current accounts
bank lain - - - 2,189,561 - - - - - 2,189,561 with other banks
Penempatan
pada Bank Placements with
Indonesia dan Bank Indonesia
bank-bank lain - - - 21,795,214 90,000 - - - 2,851 21,888,065 and other banks
Efek-efek - - - 3,814,073 2,191,661 4,815,591 1,535,920 6,543,573 149,871 19,050,689 Securities
Derivative
Tagihan derivatif - - - - - - - - 1,746,824 1,746,824 receivables
Tagihan Acceptance
akseptasi - - - - - - - - 3,069,854 3,069,854 receivables
Pinjaman yang
diberikan dan
pembiayaan/ Loans and sharia
piutang financing/
syariah 30,903,104 22,519,915 2,264,603 25,713,180 9,544,255 7,904,430 16,018,677 30,240,862 1,893,024 147,002,050 receivables
Penyertaan Investment in
saham - - - - - - - - 103,473 103,473 shares
Aset lain-lain - - - - - - - - 228,822 228,822 Other assets
Jumlah aset
keuangan,
sebelum Total financial
cadangan assets before
kerugian allowance for
penurunan nilai 30,903,104 22,519,915 2,264,603 63,727,378 11,825,916 12,720,021 17,554,597 36,784,435 8,942,180 207,242,149 impairment losses
Liabilitas Liabilities
Obligations due
Liabilitas segera -) -) -) -) -) -) -) -) (59,045) (59,045) immediately..
Simpanan dari Deposits from
nasabah -) -) -) (93,702,148) (8,940,417) (1,438,514) (929,691) (12,518) (145,623) (105,168,911) customers
Simpanan dari Deposits from
bank-bank lain -) -) -) (166,131) -) -) -) -) -) (166,131) other banks
Liabilitas derivatif -) -) -) -) -) -) -) -) (1,447,736) (1,447,736) Derivative payables
Liabilitas Acceptance
akseptasi -) -) -) -) -) -) -) -) (2,356,828) (2,356,828) payables
Surat berharga
yang
diterbitkan -) -) -) -) -) -) -) (200,134) (1,514) (201,648) Securities issued
Pinjaman yang
diterima (26,725,906) (12,918,338) (3,113,500) -) -) -) (100,000) (2,053,862) (155,802) (45,067,408) Borrowings
Pinjaman
subordinasi -) (3,113,500) -) -) -) -) -) -) (12,078) (3,125,578) Subordinated loans
Liabilitas sewa -) -) -) -) -) -) -) -) (425,887) (425,887) Lease liabilities
Liabilitas lain-lain -) -) -) -) -) -) -) -) (330,316) (330,316) Other liabilities
Jumlah liabilitas Total financial
keuangan (26,725,906) (16,031,838) (3,113,500) (93,868,279) (8,940,417) (1,438,514) (1,029,691) (2,266,514) (4,934,829) (158,349,488) liabilities
Jumlah gap
repricing suku 4,177,198) 6,488,077) (848,897) (30,140,901) 2,885,499) 11,281,507) 16,524,906) 34,517,921) 4,007,351) 48,892,661) Total interest
bunga repricing gap
196
Page 585
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. MANAJEMEN RISIKO (lanjutan) 41. RISK MANAGEMENT (continued)
Risiko pasar (lanjutan) Market risk (continued)
(ii) Risiko tingkat bunga (lanjutan) (ii) Interest rate risk (continued)
Manajemen risiko tingkat bunga (lanjutan) Interest rate risk management (continued)
Tabel di bawah ini mengikhtisarkan sensitivitas The table below shows the sensitivity of the
laba bersih Grup selama tahun yang berakhir Group’s net profit during the year ended
pada tanggal 31 Desember 2023 dan 2022 atas 31 December 2023 and 2022 due to an increase
kenaikan atau penurunan tingkat suku bunga or decrease in market interest rates, assuming no
pasar, dengan asumsi bahwa tidak ada assymetrical movement in yield curves:
pergerakan asimetris di kurva imbal hasil:
(Penurunan) peningkatan
laba bersih/
(Decrease) increase net profit
2023 2022
Peningkatan 100 bps 22,945) 3,903) Increased by 100 bps
Penurunan 100 bps (32,651) (14,083) Decreased by 100 bps
Manajemen Risiko Permodalan Capital Risk Management
Modal regulasi Regulatory capital
Tujuan manajemen permodalan Grup adalah untuk The Group capital management objectives is to
mempertahankan posisi modal yang kuat untuk maintain a strong capital position to support business
mendukung pertumbuhan bisnis dan growth and to sustain investors, depositors,
mempertahankan investor, deposan, pelanggan dan customers and market confidence. In managing its
kepercayaan pasar. Dalam pengelolaan capital, the Group considers factors such as:
permodalan, Grup mempertimbangkan faktor-faktor providing optimal capital rate of return to
seperti: pengembalian modal yang optimal pada shareholders and maintaining a balance between
pemegang saham, menjaga keseimbangan antara high return gearing ratio and safety provided by a
keuntungan yang lebih tinggi dengan gearing ratio sound capital position.
serta keamanan yang diberikan oleh posisi modal
yang sehat.
Sesuai dengan Peraturan OJK (POJK) According to OJK Regulation No. 11/POJK.03/2016
No. 11/POJK.03/2016 tentang kewajiban dated 12 December 2013 regarding Capital
penyediaan modal minimum bank umum dan Adequacy Ratio (CAR) for Commercial Bank and
SEOJK No. 26/SEOJK.03/2016 tentang KPMM SEOJK No. 26/SEOJK.03/2016 regarding Capital
sesuai Profil Risiko dan Pemenuhan Capital Adequacy Ratio based on Risk Profile and Fullfillment
Equivalency Maintained Assets (CEMA), Bank wajib of Capital Equivalency Maintained Assets (CEMA),
melakukan perhitungan KPMM minimum the Bank is required to calculate minimum CAR in
berdasarkan profil risiko dan melakukan Internal accordance to its risk profile and to perform Internal
Capital Adequacy Assessment Process (ICAAP). Capital Adequacy Assessment Process (ICAAP).
Peraturan ini juga mengatur tentang pemenuhan This regulation also stipulates minimum Tier 1 ratio at
rasio modal inti (Tier 1) paling rendah sebesar 6% the minimum of 6% and common equity Tier 1 ratio at
dan rasio modal inti utama (Common Equity Tier 1) the minimum of 4.5%, effective on 1 January 2014.
paling rendah sebesar 4,5%, efektif sejak tanggal
1 Januari 2014.
Grup telah memenuhi semua persyaratan modal The Group has complied with all externally imposed
yang diwajibkan sepanjang tahun. capital requirements throughout the year.
197
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. MANAJEMEN RISIKO (lanjutan) 41. RISK MANAGEMENT (continued)
Manajemen Risiko Permodalan (lanjutan) Capital Risk Management (continued)
Modal regulasi (lanjutan) Regulatory capital (continued)
Posisi permodalan Grup berdasarkan peraturan The Group’s regulatory capital position under the
OJK yang berlaku pada tanggal 31 Desember 2023 prevailing OJK regulation as of 31 December 2023
dan 2022 adalah sebagai berikut: and 2022 were as follows:
31 Desember/December
2023 2022
KONSOLIDASI CONSOLIDATED
Aset tertimbang menurut risiko Risk weighted assets
- Dengan memperhitungkan risiko kredit 125,294,554- 121,057,375- With credit risk charge -
- Dengan memperhitungkan risiko kredit dan With credit, operational risk -
operasional 135,795,396- 144,374,143- charge
- Dengan memperhitungkan risiko kredit, With credit, operational and market -
operasional dan pasar 137,651,897- 145,091,415- risk charge
Modal Capital
- Modal inti 36,613,893- 34,966,039- Core capital -
- Modal pelengkap 4,543,487- 4,626,967- Supplementary capital -
41,157,380- 39,593,006-
Rasio kewajiban penyediaan modal
minimum Capital adequacy ratio
- Dengan memperhitungkan risiko kredit 32.85%- 32.71%- With credit risk charge -
- Dengan memperhitungkan risiko kredit dan With credit, operational risk -
operasional 30.31%- 27.42%- charge
- Dengan memperhitungkan risiko kredit, With credit, operational and market -
operasional dan pasar 29.90%- 27.29%- risk charge
9% sampai 9% sampai
dengan kurang dengan kurang
Rasio kewajiban penyediaan modal minimum dari 10%/9% to dari 10%/9% to Minimum capital adequacy ratio
yang diwajibkan less than 10% less than 10% required
- Rasio Kewajiban Penyediaan Modal
Minimum 29.90%- 27.29%- Capital Adequacy Ratio -
- Rasio CET 1 26.60%- 24.10%- CET 1 ratio -
- Rasio tier 1 26.60%- 24.10%- Tier 1 ratio -
- Rasio tier 2 3.30%- 3.19%- Tier 2 ratio -
BANK BANK
Aset tertimbang menurut risiko Risk weighted assets
- Dengan memperhitungkan risiko kredit 116,728,894- 113,060,445- With credit risk charge -
- Dengan memperhitungkan risiko kredit dan With credit, operational risk -
operasional 126,954,327- 129,231,779- charge
- Dengan memperhitungkan risiko kredit, With credit, operational and market -
operasional dan pasar 128,810,828- 129,949,051- risk charge
Modal Capital
- Modal inti 31,015,970- 29,178,186- Core capital -
- Modal pelengkap 4,436,444- 4,527,153- Supplementary capital -
35,452,414- 33,705,339-
Rasio kewajiban penyediaan modal
minimum Capital adequacy ratio
- Dengan memperhitungkan risiko kredit 30.37%- 29.81%- With credit risk charge -
- Dengan memperhitungkan risiko kredit dan With credit, operational risk -
operasional 27.93%- 26.08%- charge
- Dengan memperhitungkan risiko kredit, With credit, operational and market -
operasional dan pasar 27.52%- 25.94%- risk charge
9% sampai 9% sampai
dengan kurang dengan kurang
Rasio kewajiban penyediaan modal minimum dari 10%/9% to dari 10%/9% to Minimum capital adequacy ratio
yang diwajibkan less than 10% less than 10% required
- Rasio Kewajiban Penyediaan Modal
Minimum 27.52%- 25.94%- Capital Adequacy Ratio -
- Rasio CET 1 24.08%- 22.45%- CET 1 ratio -
- Rasio tier 1 24.08%- 22.45%- Tier 1 ratio -
- Rasio tier 2 3.44%- 3.48%- Tier 2 ratio -
198
Page 587
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. MANAJEMEN RISIKO (lanjutan) 41. RISK MANAGEMENT (continued)
Manajemen Risiko Permodalan (lanjutan) Capital Risk Management (continued)
Modal regulasi (lanjutan) Regulatory capital (continued)
31 Desember/December
2023 2022
ENTITAS ANAK SUBSIDIARY
Modal inti 8,235,764- 8,019,187- Core capital
Modal pelengkap (maksimum 100% dari Supplementary capital (maximum at
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
Manajemen menggunakan peraturan rasio Management uses regulatory capital ratios in order to
permodalan untuk memantau kecukupan modal, monitor its capital base and these capital ratios
sesuai dengan standar industri. Pendekatan Bank remain the industry standards for measuring capital
Indonesia untuk pengukuran modal tersebut adequacy. Bank Indonesia’s approach to such
terutama didasarkan pada pemantauan kebutuhan measurement is primarily based on monitoring the
modal yang diwajibkan terhadap modal yang relationship of the capital resources requirement to
tersedia. available capital resources.
Reformasi acuan suku bunga Interest rate benchmark reform
Reformasi mendasar dari acuan suku bunga utama A fundamental reform of major interest rate
sedang dilakukan secara global, termasuk benchmarks is being undertaken globally, including
penggantian beberapa suku bunga yang ditawarkan the replacement of some interbank offered rates
antar bank (“IBOR”) dengan suku bunga alternatif (“IBORs”) with alternative nearly risk-free rates
yang hampir bebas risiko (“Reformasi IBOR”). (“IBOR Reform”)
Bank memiliki eksposur terhadap IBOR atas The Bank has exposures to IBORs on its financial
instrumen keuangan yang akan direformasi sebagai instruments that will be reformed as part of this
bagian dari inisiatif pasar global. market-wide initiative.
Pada tanggal 27 Juli 2017, Financial Conduct On 27 July 2017, Financial Conduct Authority (FCA)
Authority (FCA) mengumumkan bahwa setelah announced that after 31 December 2021, banks
tanggal 31 Desember 2021, bank yang menjadi contributing to LIBOR will be no longer required to
kontributor LIBOR tidak lagi diwajibkan untuk provide LIBOR quotation. In response to the
memberikan kuotasi LIBOR. Menindaklanjuti announcement from FCA, five authorities from each
pengumuman dari FCA tersebut, lima otoritas dari LIBOR currency country moved to find and select an
masing-masing negara mata uang LIBOR mencari alternative reference rate (ARR) to replace LIBOR.
dan memilih suku bunga referensi alternatif
(Alternative Reference Rate - ARR) untuk
menggantikan LIBOR.
Seluruh otoritas pada negara mata uang LIBOR All authorities in the LIBOR currency country choose
memilih ARR berupa bunga rata-rata tertimbang ARR in the form of a weighted average of repurchase
dari transaksi repurchase agreement (secured) atau agreement transactions (secured) or interbank
transaksi pasar uang antar bank (unsecured) money market transactions (unsecured) with
dengan jangka waktu overnight. Pemilihan transaksi overnight tenor. The selection of transactions with
dengan tenor overnight dilakukan karena transaksi overnight tenor is made because transactions in this
pada tenor tersebut paling likuid dan merefleksikan tenor is the most liquid and reflecting interbank
suku bunga pasar antarbank. market interest rates.
199
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. MANAJEMEN RISIKO (lanjutan) 41. RISK MANAGEMENT (continued)
Reformasi acuan suku bunga (lanjutan) Interest rate benchmark reform (continued)
Risiko utama yang dihadapi Bank sebagai akibat The main risks to which the Bank is exposed as a
dari reformasi IBOR adalah risiko operasional. result of IBOR reform are operational risks. For
Sebagai contoh, renegosiasi kontrak perjanjian example, billateral renegotiation of loan contracts
pinjaman secara bilateral dengan nasabah, with customers, amendments of contractual terms,
pembaruan persyaratan kontrak, pembaruan sistem updating systems that use IBOR curves and changes
yang masih menggunakan IBOR dan perubahan of operational controls related to the IBOR reform.
kontrol operasional terkait reformasi IBOR. Risiko Financial risk is predominantly limited to interest rate
keuangan sebagian besar terbatas pada risiko suku risk.
bunga.
Bank membentuk Komite IBOR lintas fungsi untuk The Bank established a cross-functional IBOR
mengelola transisi ke ARR. Tujuan Komite IBOR Committee to manage its transition to ARR. The
termasuk mengevaluasi sejauh mana pinjaman objectives of the IBOR Committee include evaluating
yang diberikan, komitmen kredit, dan transaksi trade the extent of amendments required for loans, loan
finance perlu diubah sebagai dampak dari reformasi commitments and trade finance transactions as the
IBOR dan bagaimana mengelola komunikasi impacts of IBOR reform and how to manage the
tentang reformasi IBOR dengan pihak lawan. communication about IBOR reform with
counterparties.
Bank mengelola transisi IBOR ke ARR sebagai The Bank manages the transition of LIBOR to ARR
berikut: as follows:
1. Menggunakan ARR pada kontrak keuangan baru 1. Using the ARR on new financial contracts as
sesuai anjuran otoritas masing-masing negara recommended by the authorities of each LIBOR
mata uang LIBOR dengan mempertimbangkan currency by considering several appropriate
beberapa opsi ARR yang sesuai. ARR options.
2. Membentuk tim transisi IBOR untuk memastikan 2. Establishing a IBOR transition team to ensure a
kelancaran proses transisi, baik dari sisi tata smooth transition process, both in terms of
kelola, manajemen risiko, prosedur, sistem governance, risk management, procedures,
informasi, legal dan akuntansi, dengan information system, legal and accounting, with
memperhatikan ketentuan yang berlaku. due observance of applicable regulations.
3. Melakukan negosiasi kontrak-kontrak yang ada 3. Negotiating outstanding contracts with debtors
dengan debitur atau pihak lawan untuk or counterparties to agree on fallback clauses,
menyepakati klausul fallback, antara lain including on trigger events, alternative reference
mengenai trigger event, suku bunga referensi interest rates and notice of payments.
pengganti dan notice of payment.
4. Menggunakan bahasa untuk klausul fallback dari 4. Using fallback clause language from market
standard pasar yang berlaku secara global, standards that apply globally, for example ISDA
misalnya ISDA Fallback Protocol atau Asia Fallback Protocol or Asia Pacific Loan Market
Pacific Loan Market Association (APLMA). Association (APLMA).
5. Mengikuti terus perkembangan proses transisi 5. Continuing follow-ups on the development of the
IBOR. IBOR transition process.
Terkait reformasi IBOR, Bank menetapkan tenggat In response to the IBOR reform, the Bank has set an
waktu penghentian internal untuk transaksi berbasis internal cessation deadlines for new LIBOR-based
LIBOR mulai tanggal 30 Juni 2021, dengan transactions since 30 June 2021, with certain
exceptional handling untuk produk USD LIBOR exceptional handling for USD LIBOR products to
untuk menunjang kebutuhan pelanggan. support customer’s needs.
Suku bunga alternatif yang digunakan Bank dalam Alternative interest rates that are used by the Bank in
transisi dari LIBOR adalah sebagai berikut: the transition from LIBOR are as follows:
Mata Uang/ Mata Uang IBOR/ Suku bunga referensi alternatif/
Currency Currency IBOR Alternative Reference Rate (ARR)
Cost of Fund, Fixed Rate, Compounded Secured Overnight Financing Rate (SOFR),
USD USD LIBOR
Term Risk Free Rate (RFR)
Cost of Fund, Tokyo Interbank Offered Rate (TIBOR), Compounded Tokyo Overnight
JPY JPY LIBOR
Average Rate (TONAR), Tokyo Term Risk Free Rate (TORF)
200
Page 589
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. MANAJEMEN RISIKO (lanjutan) 41. RISK MANAGEMENT (continued)
Reformasi acuan suku bunga (lanjutan) Interest rate benchmark reform (continued)
Tabel di bawah ini menunjukkan acuan sebelum The table below sets out the benchmark before
reformasi dari produk Bank yang terdampak reform from the impacted products (loans and
(pinjaman yang diberikan dan derivatif), acuan baru derivatives), new benchmark and status of the
dan status transisi. transition.
Status transisi pada tanggal 31 Desember 2023/
Mata Uang/ Acuan sebelum reformasi/ Acuan setelah reformasi/
Status of transition as of
Currency Benchmark before reform Benchmark after reform
31 December 2023
USD USD LIBOR USD SOFR Dalam proses/In progress*
JPY JPY LIBOR JPY TONA Selesai/Completed
JPY JPY LIBOR JPY TORF Selesai/Completed
Tabel berikut adalah jumlah eksposur pada tanggal The following table shows the total exposure as of
31 Desember 2023 dan 2022 untuk instrumen 31 December 2023 and 2022 for non-derivative
keuangan non-derivatif (pinjaman yang diberikan) (loans) and derivative financial instruments as well as
dan derivatif serta komitmen pinjaman yang loan commitments which are affected by the IBOR
terdampak terhadap reformasi IBOR. Eksposur reform. The exposure of loans are presented at their
pinjaman yang diberikan disajikan pada jumlah facility limit amount, while derivatives are presented
plafon fasilitasnya, sementara eksposur derivatif at their notional amount in equivalent millions of
disajikan pada jumlah nosionalnya pada ekuivalen Rupiah, translated using foreign exchange rate as of,
jutaan Rupiah, dijabarkan dengan nilai tukar mata 31 December 2023 and 2022.
uang tanggal 31 Desember 2023 dan 2022.
31 Desember/December 2023
Acuan JPY LIBOR/ Acuan USD LIBOR/
JPY LIBOR Benchmark USD LIBOR Benchmark
Eksposur dengan Eksposur dengan
Eksposur yang klausul fallback yang Eksposur yang klausul fallback yang
belum sesuai/ belum sesuai/
direformasi/ Amount with direformasi/ Amount with
Unreformed appropriate fallback Unreformed appropriate fallback
exposures clause exposures clause
Pinjaman yang
diberikan* Loans*
Committed -) -) -) -) Committed
Uncommitted -) -) -) -) Uncommitted
-) -) -) -)
Derivatif Derivatives
Antarbank -) -) -) -) Interbank
Nasabah -) -) -) -) Customer
-) -) -) -)
*) Pada tanggal 31 Desember 2023, Bank sudah tidak memiliki eksposur *) As of 31 December 2023, the Bank no longer has outstanding LIBOR
LIBOR pada setiap posisi mata uang asing. Beberapa perjanjian sindikasi exposures with respect to each currency position. A couple of syndicated
yang semulanya memiliki eksposur USD LIBOR masih dalam proses facilities agreements which initially had exposures to USD LIBOR were still
penyelesaian dan persetujuan dari semua pihak-pihak sindikasi, namun in progress of finalization and agreement from all related syndication
telah mendapat persetujuan sementara untuk menggunakan USD SOFR parties, however have obtained temporary approval to use USD SOFR such
sehingga Bank tidak lagi memiliki eksposur terhadap LIBOR pada tanggal that the Bank no longer has exposure to LIBOR as of 31 December 2023.
31 Desember 2023.
31 Desember/December 2022
Acuan JPY LIBOR/ Acuan USD LIBOR/
JPY LIBOR Benchmark USD LIBOR Benchmark
Eksposur dengan Eksposur dengan
Eksposur yang klausul fallback yang Eksposur yang klausul fallback yang
belum sesuai/ belum sesuai/
direformasi/ Amount with direformasi/ Amount with
Unreformed appropriate fallback Unreformed appropriate fallback
exposures clause exposures clause
Pinjaman yang
diberikan Loans
Committed - - 10,606,829 5,373,159 Committed
Uncommitted - - 8,444,025 2,335,125 Uncommitted
- - 19,050,854 7,708,284
Derivatif Derivatives
Antarbank - - - 18,271,151 Interbank
Nasabah - - 7,137,849 6,784,374 Customer
- - 7,137,849 25,055,525
201
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. MANAJEMEN RISIKO (lanjutan) 41. RISK MANAGEMENT (continued)
Estimasi nilai wajar instrumen keuangan Fair value estimation of financial instruments
Untuk aset dan liabilitas keuangan yang diukur For financial assets and liabilities measured at fair
menggunakan nilai wajar, berikut ini adalah hirarki value, the following is the hierarchy of the fair values:
nilai wajar:
a. Level 1 a. Level 1
Harga kuotasian (tidak disesuaikan) dalam Quoted prices (unadjusted) in active markets for
pasar aktif untuk aset atau liabilitas yang identical assets or liabilities;
identik;
b. Level 2 b. Level 2
Input selain harga kuotasian yang termasuk Inputs other than quoted prices included within
dalam level 1 yang dapat diobservasi untuk aset level 1 that are observable for the assets or
atau liabilitas, baik secara langsung (misalnya liabilities, either directly (that is as prices) or
harga) maupun tidak langsung (misalnya indirectly (that is derived from prices); and
turunan harga); dan
c. Level 3 c. Level 3
Input untuk aset atau liabilitas yang bukan Inputs for the assets or liabilities that are not
berdasarkan data pasar yang dapat diobservasi based on observable market data (unobservable
(input yang tidak dapat diobservasi). inputs).
Tabel berikut menyajikan aset dan liabilitas The tables below show the Group’s financial assets
keuangan Grup yang diukur sebesar nilai wajar and liabilities that were measured at fair value as of
pada tanggal 31 Desember 2023 dan 2022: 31 December 2023 and 2022:
31 Desember/December 2023
Nilai tercatat/
Carrying Nilai wajar/
value Level 1 Level 2 Level 3 Fair value
Aset Assets
Efek-efek 7,817,003) 205,183) 7,611,820) -) 7,817,003) Securities
Tagihan derivatif 1,133,149) -) 1,133,149) -) 1,133,149) Derivative receivables
Penyertaan saham 102,586) -) 80,064) 22,522) 102,586) Investment in shares
9,052,738) 205,183) 8,825,033) 22,522) 9,052,738)
Liabilitas Liabilities
Liabilitas derivatif 1,072,104) -) 1,072,104) -) 1,072,104) Derivative payables
31 Desember/December 2022
Nilai tercatat/
Carrying Nilai wajar/
Value Level 1 Level 2 Level 3 Fair value
Aset Assets
Efek-efek 9,578,603) -) 9,578,603) -) 9,578,603) Securities
Tagihan derivatif 1,746,824) -) 1,746,824) -) 1,746,824) Derivative receivables
Penyertaan saham 103,473) -) 80,951) 22,522) 103,473) Investment in shares
11,428,900) -) 11,406,378) 22,522) 11,428,900)
Liabilitas Liabilities
Liabilitas derivatif 1,447,736) -) 1,447,736) -) 1,447,736) Derivative payables
Tabel di bawah ini menggambarkan nilai tercatat The table below summarizes the carrying amounts
dan nilai wajar dari instrumen keuangan yang tidak and fair values of those financial instruments not
disajikan pada nilai wajarnya: stated at their fair values:
31 Desember/December 2023 31 Desember/December 2022
Nilai tercatat/ Nilai tercatat/
Carrying Nilai wajar/ Carrying Nilai wajar/
value Fair value value Fair value
Aset Assets
Current accounts with
Giro pada Bank Indonesia 9,276,598) 9,276,598) 10,215,350 10,215,350 Bank Indonesia
Current accounts with
Giro pada bank-bank lain 962,229) 962,229) 2,189,146 2,189,146 other banks
Penempatan pada Bank Indonesia dan Placements with Bank Indonesia
bank-bank lain 8,964,278) 8,964,278) 21,887,894 21,887,894 and other banks
Efek-efek 9,446,554) 9,461,043) 9,471,087 9,757,119 Securities
Tagihan akseptasi 3,281,120) 3,281,120) 3,065,359 3,065,359 Acceptance receivables
Pinjaman yang diberikan dan Loans and sharia financing/
pembiayaan/piutang syariah 153,041,046) 157,244,639) 143,422,931 146,384,580 receivables
Aset lain-lain 423,113) 423,113) 228,822 228,822 Other assets
202
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. MANAJEMEN RISIKO (lanjutan) 41. RISK MANAGEMENT (continued)
Estimasi nilai wajar instrumen keuangan Fair value estimation of financial instruments
(lanjutan) (continued)
Tabel di bawah ini menggambarkan nilai tercatat The table below summarizes the carrying amounts
dan nilai wajar dari instrumen keuangan yang tidak and fair values of those financial instruments not
disajikan pada nilai wajarnya: (lanjutan) stated at their fair values: (continued)
31 Desember/December 2023 31 Desember/December 2022
Nilai tercatat/ Nilai tercatat/
Carrying Nilai wajar/ Carrying Nilai wajar/
value Fair value value Fair value
Liabilitas Liabilities
Liabilitas segera 71,606) 71,606) 59,045 59,045 Obligation due immediately
Bagi hasil yang Undistributed revenue
belum dibagikan 21,951) 21,951) 18,996 18,996 sharing
Simpanan nasabah 98,457,403) 98,457,403) 105,168,911 105,168,911 Deposits from customers
Simpanan dari bank-bank lain 10,822,121) 10,822,121) 166,131 166,131 Deposits from other banks
Liabilitas akseptasi 2,323,633) 2,323,633) 2,356,828 2,356,828 Acceptance payables
Efek-efek yang diterbitkan 202,083) 204,635) 201,648 204,077 Securities issued
Pinjaman yang diterima 31,355,517) 31,388,521) 45,067,408 45,106,240 Borrowings
Liabilitas lain-lain 505,982) 505,982) 330,316 330,316 Other liabilities
Nilai wajar dari efek-efek yang memiliki jatuh tempo The fair value for securities, which maturity date is
lebih dari 1 tahun diestimasi menggunakan nilai more than 1 year, are estimated using the last quoted
kuotasi pasar terakhir (level 2 - hirarki nilai wajar). market price (level 2 - fair value hierarchy).
Estimasi nilai wajar dari pinjaman yang diberikan The estimated fair value of loans represents the
mencerminkan jumlah diskonto dari estimasi kini discounted amount of estimated future cash flows
dari arus kas masa depan yang diharapkan akan expected to be received. Estimated cash flows are
diterima. Arus kas masa depan yang diharapkan discounted at current market rates to determine fair
didiskontokan pada tingkat suku bunga pasar terkini value (level 3 - fair value hierarchy).
untuk menentukan nilai wajar (level 3 - hirarki nilai
wajar).
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 short-
pinjaman tersebut memiliki tenor jangka pendek. term tenure.
Nilai wajar surat utang jangka menengah dihitung The fair value of medium term notes was calculated
menggunakan teknik penilaian berdasarkan model using valuation technique based on the Bank’s
internal Bank yaitu model penilaian diskonto arus internal model which is discounted cash flow
kas. Input dalam teknik penilaian termasuk arus kas valuation model. Inputs into the valuation technique
yang akan diterima di masa datang dan suku bunga include expected future cash flows and interest rates
pasar (level 2 - hirarki nilai wajar). (level 2 - fair value hierarchy).
Nilai wajar utang obligasi diestimasi menggunakan The fair value of bonds payable is estimated by using
nilai kuotasi pasar terakhir (level 2 - hirarki nilai the last quoted market price (level 2 - fair value
wajar). hierarchy).
Nilai wajar dari pinjaman yang diterima dinilai The fair value of borrowings is estimated by using
dengan menggunakan diskonto arus kas discounted cash flows applying the effective interest
berdasarkan tingkat suku bunga efektif yang rate charged by the lender for the last utilization of
dikenakan pada pinjaman terakhir yang digunakan borrowings (level 2 - fair value hierarchy).
(level 2 - hirarki nilai wajar).
203
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. MANAJEMEN RISIKO (lanjutan) 41. RISK MANAGEMENT (continued)
Estimasi nilai wajar instrumen keuangan Fair value estimation of financial instruments
(lanjutan) (continued)
Nilai tercatat aset keuangan dan liabilitas keuangan The carrying amount of remaining financial assets
lainnya mendekati nilai wajarnya karena instrumen and financial liabilities are reasonable approximation
keuangan bersifat jangka pendek atau yang ditinjau of fair value because they are short term in nature or
ulang menggunakan harga pasar secara berkala. re-price to current market rates frequently.
Perhitungan nilai wajar dilakukan hanya untuk The fair values calculated are for disclosure purposes
kepentingan pengungkapan dan tidak berdampak only and do not have any impact on the Group’s
pada pelaporan posisi atau kinerja keuangan Grup. reported financial performance or position. The fair
Nilai wajar yang dihitung oleh Grup mungkin values calculated by the Group may be different from
berbeda dengan jumlah aktual yang akan the actual amount that will be received/paid on the
diterima/dibayar pada saat penyelesaian atau jatuh settlement or maturity of the financial instruments. As
tempo instrumen keuangan. Mengingat kategori certain categories of financial instruments are not
tertentu instrumen keuangan yang tidak traded, there is management’s judgment involved in
diperdagangkan, maka terdapat pertimbangan calculating the fair values.
manajemen dalam perhitungan nilai wajar.
Risiko operasional Operational risk
Risiko operasional didefinisikan sebagai risiko Operational risk is defined as the risks of loss
akibat ketidakcukupan atau tidak berfungsinya resulting from inadequate or failed internal
proses internal, kesalahan manusia, kegagalan processes, people, systems failure or external events
sistem, atau adanya kejadian-kejadian eksternal that impacted to the Bank’s operational activities.
yang mempengaruhi aktivitas operasional Bank.
Tata Kelola Pengelolaan Risiko Operasional Operational Risk Management Governance
Dewan Komisaris dan Direksi melakukan The Board of Commissioners and the Board of
pengawasan secara aktif terhadap Manajemen Directors actively supervise operational risk
Risiko Operasional melalui berbagai komite seperti management through various committees, such as
Komite Pemantau Risiko dan Komite Manajemen the Risk Monitoring Committee and the Risk
Risiko yang dilakukan secara berkala sesuai terms Management Committee that conducted periodically
of reference masing-masing untuk membahas risiko in accordance with terms of reference to discuss
operasional. operational risks.
Satuan Kerja Operational & Fraud Risk The Operational & Fraud Risk Management (OFRM)
Management (OFRM) memiliki tanggung jawab Unit has direct responsibility to the Head of Risk
secara langsung kepada Kepala Manajemen Risiko, Management, for operational and fraud risk
atas manajemen risiko operasional dan fraud. Bank management. Bank had formulated and determined
telah merumuskan dan menetapkan profil dan the profile and level of operational risk sufficiently to
tingkat risiko operasional secara memadai agar be in line with overall business goals and strategies
sejalan dengan sasaran dan strategi bisnis Bank of the Bank. Monitoring the operational risk profile
secara keseluruhan. Pemantauan profil dan tingkat and level is carried out through operational risk
risiko operasional dilakukan melalui perangkat management tools, such as operational risk appetite
manajemen risiko operasional yaitu operational risk and key risk indicators which are part of the
appetite dan key risk indicator yang menjadi bagian operational risk management framework.
dalam kerangka kerja manajemen risiko
operasional.
204
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. MANAJEMEN RISIKO (lanjutan) 41. RISK MANAGEMENT (continued)
Risiko operasional (lanjutan) Operational risk (continued)
Kecukupan Kebijakan, Prosedur, dan Penetapan Adequacy of Policies, Procedures, and
Limit Determination of Limits
Satuan kerja OFRM bertanggung jawab dalam The OFRM is responsible for the formulation and
pembuatan dan pengembangan kebijakan dan development of operational risk management policies
prosedur manajemen risiko operasional, BCM and procedures, BCM (Business Continuity
(Business Continuity Management), Fungsi ICR Management), ICR (Internal Control & Risk) and
(Internal Control & Risk) dan fraud yang kemudian fraud functions which will then be reviewed
akan dikaji ulang secara berkala, dengan periodically, taking into account any significant
mempertimbangkan setiap perubahan signifikan, changes, both internally and externally.
baik secara internal maupun eksternal.
Setiap unit kerja wajib berpedoman kepada Each work unit must adhere to operational risk
kebijakan dan prosedur manajemen risiko management policies and procedures in carrying out
operasional dalam menjalankan aktivitas daily operational activities. Bank also has system and
operasionalnya sehari-hari. Bank juga telah memiliki determination of limits to support common and
sistem dan penetapan limit atau ambang batas specific controls, such as segregation of duties,
untuk mendukung pengendalian umum dan khusus, annual mandatory block leave reconciliation and
seperti pemisahan tugas, cuti wajib tahunan, others.
rekonsiliasi dan lainnya.
Kecukupan Proses Manajemen Risiko Adequacy of Operational Risk Management
Operasional Process
Proses manajemen risiko operasional yang The process of operational risk management
mencakup identifikasi, pengukuran, pemantauan including identification, measurement, monitoring
dan pengendalian risiko berjalan secara terstruktur and risk control runs in a structured and consistent
dan konsisten. Proses Manajemen Risiko manner. The Operational Risk Management process
Operasional di Bank diterapkan berdasarkan praktik in Bank implemented based on effective best
terbaik yang efektif. practices.
Tahapan proses manajemen risiko operasional yang The operational risk management process which
mencakup identifikasi, pengukuran, pemantauan include identification, measurement, monitoring and
dan pengendalian atas risiko operasional adalah control of operational risk are describe as follows:
sebagai berikut:
1. Risiko operasional dilakukan atas seluruh 1. Operational risk identification is carried out on
proses, produk, layanan, sistem, inisiatif dan process, product, services, system, initiative
struktur organisasi baru ataupun and organization for new and changes. The
perubahannya. Identifikasi risiko operasional operational risk identification is also perform
juga dilakukan melalui perangkat manajemen through operational risk management tools
risiko operasional di antaranya Risk Grading such as Risk Grading Matrix (RGM), Process
Matrix (RGM), Process Risk Control (PRC), Key Risk Control (PRC), Key Risk Indicator (KRI)
Risk Indicator (KRI) dan Risk Acceptance (RA). and Risk Acceptance (RA).
2. Proses pengukuran risiko operasional meliputi 2. Risk measurement process includes periodic
kegiatan penilaian mandiri (self-assessment) self-assessment activities through Key Control
secara berkala melalui Key Control Self Self Assessment (KCSA), analysis of
Assessment (KCSA), analisa kejadian dan operational risk events and losses, inspection
kerugian risiko operasional, pelaksanaan activities by Internal Control & Risk (ICR)
aktivitas pemeriksaan oleh Fungsi Internal Function, KRI measurement and Operational
Control & Risk (ICR), pengukuran KRI dan Risk Appetite (ORA) which is reported regulary
Operational Risk Appetite (ORA) yang in meetings of Risk Management Committee
dilaporkan secara berkala dalam rapat Komite (RMC).
Manajemen Risiko (KMR).
205
Page 594
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. MANAJEMEN RISIKO (lanjutan) 41. RISK MANAGEMENT (continued)
Risiko operasional (lanjutan) Operational risk (continued)
Kecukupan Proses Manajemen Risiko Adequacy of Operational Risk Management
Operasional (lanjutan) Process (continued)
Tahapan proses Manajemen Risiko Operasional The operational risk management process which
yang mencakup identifikasi, pengukuran, include identification, measurement, monitoring and
pemantauan dan pengendalian atas risiko control of operational risk are describe as follows:
operasional adalah sebagai berikut: (lanjutan) (continued)
3. Pemantauan risiko operasional dilakukan 3. Operational risk monitoring is carried out
melalui pelaporan kepada manajemen senior through reporting to senior management and
dan regulator, baik secara rutin ataupun regulators, either on a regular basis or on an
ad-hoc, termasuk pelaporan kejadian dengan ad-hoc basis, including reporting events with
kategori signifikan melalui SINP (Significant significant incident through SINP (Significant
Incident Notification Protocol). Hal ini Incident Notification Protocol). This is
diterapkan agar setiap permasalahan yang implemented so that any problems that occur
terjadi dapat segera ditindaklanjuti. can be immediately followed up.
4. Pengendalian risiko operasional juga dilakukan 4. Operational risk control is also carried out by
dengan menerapkan mekanisme kontrol implementing effective prevention, detection
pencegahan, deteksi dan koreksi yang efektif and correction control mechanisms and/or
dan/atau menyediakan asuransi yang providing adequate insurance to minimize the
mencukupi untuk meminimalkan dampak impacts of operational losses on Bank. As one
kerugian operasional bagi Bank. Sebagai salah of the control measures, Bank has guidelines
satu tindakan pengendalian, Bank telah for comprehensive Business Continuity
memiliki pedoman bagi Manajemen Management (BCM).
Kelangsungan Bisnis (BCM) yang
komprehensif.
Penyediaan aplikasi Internal Control & Risk System The existence of the Internal Control & Risk System
(ICRS) adalah sebagai database di dalam (ICRS) application serves as database in the
penerapan manajemen risiko operasional dan fraud implementation of operational and fraud risk
dan sekaligus diharapkan agar dapat menyajikan management and at the same time is expected to be
kebutuhan informasi secara akurat, tepat waktu dan able to present information needs in an accurate,
terkini untuk memudahkan analisis dan pengambilan timely and up-to-date manner to facilitate analysis
keputusan. and decision making.
Perhitungan Kewajiban Penyediaan Modal The calculation of the Capital Adequacy Assessment
Minimum (KPMM) untuk risiko operasional yang Process (ICAAP) for operational risk carried out by
dilakukan oleh Bank menggunakan pendekatan the Bank has used standardized approach and
standar (standardized approach) dan sesuai dengan comply with regulatory requirements.
ketentuan regulator.
Bank dan Entitas Anak telah memiliki pedoman The Bank and its Subsidiaries already have
pengelolaan kelangsungan usaha yang comprehensive business continuity management
komprehensif dan mengacu kepada standar industri guidelines which refer to the ISO 22301 industry
ISO 22301, dengan tujuan untuk mengantisipasi standard, with the aim of anticipating operational
potensi risiko operasional yang dapat terjadi dari risks that may occur from extreme/critical situations
situasi ekstrem/kritikal baik yang disebabkan oleh either caused by natural disasters such as floods,
faktor bencana alam seperti banjir, gempa bumi, dan earthquakes and volcaic eruptions or other factors
gunung meletus maupun faktor lainnya seperti such as demonstration, fires, disruptions to the
demonstrasi, kebakaran, gangguan sistem pasokan power supply system, pandemic and unfavorable
listrik, pandemi serta situasi bisnis yang kurang business situations. This is to ensure continuity of
menguntungkan. Hal ini untuk memastikan service to customers.
keberlangsungan layanan kepada nasabah.
206
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. MANAJEMEN RISIKO (lanjutan) 41. RISK MANAGEMENT (continued)
Risiko operasional (lanjutan) Operational risk (continued)
Sistem Pengendalian Internal atas Risiko Internal Control System for Operational Risk
Operasional
Sistem pengendalian internal atas risiko operasional Internal control system for operational risk is carried
dilakukan melalui penerapan model 3 (tiga) lini out through the implementation of three lines of
pertahanan (three lines of defense). Pada lini defense models. In the first line of defense, the Risk
pertahanan pertama, Risk Taking Unit (RTU) Taking Unit (RTU) assisted by Business Risk/ICR in
dibantu oleh Business Risk/ICR dalam pengelolaan carried out day-to-day operational risk management.
risiko operasional sehari hari. Pada lini pertahanan In the second line of defense, the OFRM work unit is
kedua, satuan kerja OFRM bertugas untuk overseeing the implementation of risk management
mengawasi pelaksanaan proses manajemen risiko process in accordance with stipulated policy.
sesuai dengan kebijakan yang ditetapkan.
Pada lini pertahanan ketiga, Internal Audit secara In the third line of defence, Internal Audit
independen melakukan pemeriksaan dan evaluasi independently examines and evaluates the
terhadap tata kelola dan efektivitas manajemen governance and effectiveness of operational risk
risiko operasional. management.
Penyelarasan kerja antara pihak-pihak bertanggung Alignment process between the parties responsible
jawab atas praktik pengendalian internal Bank for Bank’s internal control practices is carried out on
dilakukan secara berkelanjutan melalui ICR MSA an ongoing basis through a standardized ICR MSA
(Maturity Self-Assessment) yang terstandardisasi (Maturity Self-Assessment) matrix and forums
dan forum-forum yang diselenggarakan oleh satuan organized by the OFRM work unit to facilitate the
kerja OFRM untuk memfasilitasi Fungsi Internal Internal Control & Risk Function.
Control & Risk.
Manajemen Risiko Fraud Fraud Risk Management
Bank menerapkan zero tolerance terhadap setiap The Bank has no tolerance to any fraud incident.
kejadian fraud. Bank senantiasa menindaklanjuti Bank always follows up on every fraud incident
setiap kejadian fraud termasuk memberikan sanksi including providing sanctions to employees who
kepada karyawan yang melakukan maupun yang commit or are involved in fraud incidents as per
terlibat dalam kejadian fraud sesuai dengan prevailing regulations including reporting to the
ketentuan yang berlaku termasuk melakukan authorities (if necessary).
pelaporan kepada pihak yang berwajib (bila
diperlukan).
Bank telah memiliki kebijakan dan prosedur strategi Bank has adequate policies and procedures of anti
anti fraud yang memadai dan senantiasa fraud strategies which are continuously improvised.
disempurnakan secara berkesinambungan. Fraud risk management is systematically handled
Pengelolaan risiko fraud dilakukan secara sistematis through a series of process and strategy.
melalui sejumlah proses dan strategi.
Terkait dengan proses pencegahan risiko fraud, In relation to fraud risk prevention process, the Bank
Bank telah menjalankan program anti fraud has implemented anti fraud awareness program for
awareness untuk seluruh karyawan dan all employees and the signing of integrity pact by the
penandatanganan pakta integritas yang dilakukan Board of Directors, Board of Commissioners, and
oleh Direksi, Dewan Komisaris, dan setiap pegawai every Bank employee. Adjustments to policies and
bank. Penyesuaian terhadap kebijakan dan procedures for managing anti fraud strategies are
prosedur pengelolaan strategi anti fraud dilakukan carried out regularly to be in line with current
secara berkala sehingga tetap sesuai dengan conditions. In addition, both new and development
kondisi terkini. Selain itu dilakukan kajian risiko fraud products, processes, systems and initiatives are
atas setiap produk, proses, sistem dan inisiatif baik assessed for potential fraud risk.
baru maupun pengembangannya.
207
Page 596
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. MANAJEMEN RISIKO (lanjutan) 41. RISK MANAGEMENT (continued)
Risiko operasional (lanjutan) Operational risk (continued)
Manajemen Risiko Fraud (lanjutan) Fraud Risk Management (continued)
Sosialisasi anti fraud awareness dilakukan melalui Anti fraud socialization and awareness was carried
beberapa media, yaitu melalui e-newsletter out through several media, namely e-newsletters,
broadcast, email broadcast, wallpaper desktop email broadcasts, desktop PC/laptop wallpapers,
PC/laptop, standing acrylics, BTPN Info, standing acrylics, BTPN Info, anti fraud animation
penayangan video animasi anti fraud, mandatory videos, anti fraud mandatory e-learning, in-class or
anti-fraud e-learning, pelaksanaan anti-fraud virtual anti fraud awareness training to employees. In
awareness yang disampaikan secara in-class addition, there is whistleblowing channel provided by
training maupun pelatihan secara virtual kepada Bank for reporting indication of fraud.
karyawan. Selain itu, ada layanan whistleblowing di
Bank yang dapat digunakan untuk melaporkan
kejadian berindikasi fraud.
Bank juga memberikan berbagai berbagai Bank also provides various socialization programs to
sosialisasi untuk meningkatkan kesadaran fraud raise awareness of fraud to third parties, both
kepada pihak ketiga baik nasabah maupun vendor customers and vendors, including conducting virtual
termasuk melakukan pelatihan secara virtual perihal training on anti fraud and Entertainment & Gifts for
anti fraud maupun Entertainment & Gift kepada vendors on regular basis in supporting the Bank to
vendor secara berkala untuk turut serta membantu maintaining good corporate governance.
Bank dalam menjaga tata kelola perusahaan yang
baik.
Sejalan dengan strategi anti fraud yang berlaku, In line with the applicable anti fraud strategy, Bank
Bank juga secara berkelanjutan terus melakukan also continuously socialized the fraud reporting
sosialisasi pelaporan fraud melalui whistleblowing through whistleblowing channel for detecting fraud
channel sebagai salah satu media pendeteksian incident, which is regularly communicated to all
kejadian fraud, yang secara berkala employees through various internal Bank media.
dikomunikasikan kepada seluruh karyawan melalui Employees can disclose and report any violations
berbagai media internal Bank. Karyawan dapat (misconduct) through e-mail channels (Ayo Lapor),
mengungkap dan melaporkan setiap Tindakan Whatsapps, telephone, letters or face-to-face
pelanggaran (misconduct) melalui saluran e-mail meetings.
(Ayo Lapor), Whatsapps, telepon, surat maupun
pertemuan tatap muka.
Bank telah memiliki kebijakan yang memadai terkait The Bank has adequate policies regarding
proses investigasi dan pelaporan kejadian fraud. investigation process and reporting of fraud. For
Untuk setiap kasus fraud yang terbukti, proses each proven fraud case, the process of imposing
pemberian sanksi diputuskan oleh Komite Fraud sanctions is decided by Fraud Committee involving
dan melibatkan unit kerja terkait, Business Risk/ICR the relevant work units, related Business Risk/ICR,
terkait, satuan kerja Sumber Daya Manusia dan Human Resources and OFRM unit. The
OFRM. Implementasi keputusan Komite Fraud implementation of Fraud Committee’s decisions is
dipantau dan dievaluasi secara berkala untuk monitored and evaluated periodically to determine
menentukan upaya perbaikan di masa yang akan future improvement efforts.
datang.
208
Page 597
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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 DAN LIABILITAS DALAM MATA UANG 42. ASSETS AND LIABILITIES IN FOREIGN
ASING CURRENCIES
Saldo aset dan liabilitas moneter dalam mata uang The balances of monetary assets and liabilities in
asing adalah sebagai berikut: foreign currencies are as follows:
31 Desember/December
2023 2022
ASET ASSETS
Kas Cash
Dolar Amerika Serikat 54,843) 37,029 )) United States Dollar
Yen Jepang 3,821) 3,219)) Japanese Yen
Dolar Singapura 602) -)) Singapore Dollar
59,266) 40,248 ))
Giro pada Bank Indonesia Current accounts with Bank Indonesia
Dolar Amerika Serikat 2,312,722) 2,505,286)) United States Dollar
Giro pada bank-bank lain Current accounts with other banks
Dolar Amerika Serikat 446,607) 1,453,587)) United States Dollar
Yen Jepang 153,105) 390,933 )) Japanese Yen
Euro Eropa 62,471) 89,866 )) European Euro
Dolar Australia 54,675) 38,734 )) Australian Dollar
Dolar Singapura 52,601) 2,234)) Singapore Dollar
Poundsterling Inggris 42,308) 35,593 )) British Poundsterling
Baht Thailand 18,448) 84,304 )) Thailand Baht
Lain-lain 14,445) 2,088)) Others
844,660) 2,097,339))
Penempatan pada Bank Indonesia dan Placements with Bank Indonesia and
bank-bank lain other banks
Dolar Amerika Serikat 5,897,051) 10,578,116)) United States Dollar
Efek-efek Securities
Dolar Amerika Serikat 958,932) 1,224,327)) United States Dollar
Tagihan akseptasi Acceptance receivables
Dolar Amerika Serikat 1,504,872) 1,171,471)) United States Dollar
Yuan China 1,161) -)) China Yuan
1,506,033) 1,171,471))
Pinjaman yang diberikan Loans
Dolar Amerika Serikat 46,063,513) 44,368,513)) United States Dollar
Yen Jepang 606,229) 782,342 )) Japanese Yen
Euro Eropa 79,104) 167,004 )) European Euro
46,748,846) 45,317,859))
Penyertaan saham Investment in shares
Dolar Amerika Serikat 80,064) 80,951 )) United States Dollar
Aset lain-lain Other assets
Dolar Amerika Serikat 298,151) 852)) United States Dollar
Euro Eropa 230) 213)) European Euro
Yen Jepang 161) -)) Japanese Yen
298,542) 1,065))
Jumlah aset 58,706,116) 63,016,662)) Total assets
209
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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 DAN LIABILITAS DALAM MATA UANG 42. ASSETS AND LIABILITIES IN FOREIGN
ASING (lanjutan) CURRENCIES (continued)
Saldo aset dan liabilitas moneter dalam mata uang The balances of monetary assets and liabilities in
asing adalah sebagai berikut: (lanjutan) foreign currencies are as follows: (continued)
31 Desember/December
2023 2022
LIABILITAS LIABILITIES
Liabilitas segera Liabilities due immediately
Dolar Amerika Serikat 4,571) -) United States Dollar
Giro Current accounts
Dolar Amerika Serikat 8,735,833) 10,174,982) United States Dollar
Yen Jepang 1,928,682) 1,144,277) Japanese Yen
Baht Thailand 10,797) 87,556) Thailand Baht
Euro Eropa 98,942) 75,158) European Euro
Lain-lain 7,753) 10,364) Others
10,782,007) 11,492,337)
Tabungan Savings deposits
Dolar Amerika Serikat 543,438) 344,625) United States Dollar
Yen Jepang 215,605) 150,877) Japanese Yen
Euro Eropa 74,536) 74,828) European Euro
Dolar Singapura 72,622) 47,876) Singapore Dollar
Lain-lain 102,377) 68,270) Others
1,008,578) 686,476)
Deposito berjangka dan deposito on call Time deposits and deposits on call
Dolar Amerika Serikat 10,536,100) 10,278,476) United States Dollar
Yen Jepang 420,523) 58,108) Japanese Yen
Dolar Singapura 54,295) -) Singapore Dollar
11,010,918) 10,336,584)
Simpanan dari bank-bank lain Deposits from other banks
Dolar Amerika Serikat 9,238,200) -) United States Dollar
Liabilitas akseptasi Acceptance payables
Dolar Amerika Serikat 538,748) 483,529) United States Dollar
Yuan China 1,161) -) China Yuan
539,909) 483,529)
Pinjaman yang diterima Borrowings
Dolar Amerika Serikat 23,018,515) 36,926,110) United States Dollar
Euro Eropa 170,383) 331,634) European Euro
23,188,898) 37,257,744)
Pinjaman subordinasi Subordinated loans
Dolar Amerika Serikat 3,079,400) 3,113,500) United States Dollar
Liabilitas lain-lain Other liabilities
Dolar Amerika Serikat 422,215) 157,999) United States Dollar
Yuan China 823) -) China Yuan
Yen Jepang 723) 333) Japanese yen
Lain-lain 430) 10) Others
424,191) 158,342 )
Jumlah liabilitas 59,276,672) 63,528,512) Total liabilities
(Liabilitas) aset bersih (570,556) (511,850) Net (liabilities) assets
210
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. JAMINAN PEMERINTAH TERHADAP LIABILITAS 43. GOVERNMENT GUARANTEE ON OBLIGATIONS
PEMBAYARAN BANK UMUM OF COMMERCIAL BANKS
Berdasarkan Undang-Undang No. 24 tanggal Based on Law No. 24 dated 22 September 2004,
22 September 2004 yang berlaku efektif sejak effective on 22 September 2005, which was amended
tanggal 22 September 2005, sebagaimana diubah by the Government Regulation as Substitution of Law
dengan Peraturan Pemerintah Pengganti Undang- No. 7 Year 2009 dated 13 January 2009 regarding
Undang Republik Indonesia No. 7 Tahun 2009 with the Determination of Government Regulation as
tanggal 13 Januari 2009 tentang Penetapan Substitution of Law No. 3 Year 2008, Deposit
Peraturan Pemerintah Pengganti Undang-Undang Insurance Agency (“LPS”) was formed to guarantee
No. 3 Tahun 2008, dibentuk untuk menjamin certain liabilities of commercial banks under the
liabilitas tertentu bank-bank umum berdasarkan applicable guarantee program, which the amount of
program penjaminan yang berlaku, yang besaran guarantee can be amended if the situation complies
nilai jaminannya dapat berubah jika memenuhi with the valid particular criterias.
kriteria tertentu yang berlaku.
Berdasarkan Peraturan Pemerintah Republik Based on Government Regulation No. 66 Year 2008
Indonesia No. 66 Tahun 2008 tanggal dated 13 October 2008 regarding The Amount of
13 Oktober 2008 mengenai Besarnya Nilai Deposit Guaranteed by Indonesia Deposit Insurance
Simpanan yang Dijamin Lembaga Penjaminan Agency (LPS), the amount of deposits covered by
Simpanan (LPS), maka pada tanggal LPS is customer deposits up to Rp 2,000 per
31 Desember 2023 dan 2022 jumlah simpanan depositor per bank as of 31 December 2023 and
yang dijamin LPS adalah simpanan sampai dengan 2022.
Rp 2.000 untuk per nasabah per bank.
Berdasarkan Siaran Pers yang terakhir diterbitkan Based on the latest issued Press Release in 2023
di tahun 2023 yaitu Siaran Pers which is Press Release No. PRESS-43/SEKL/2023
No. PRESS-43/SEKL/2023 tanggal 25 September dated 25 September 2023, the guaranteed interest
2023, tingkat bunga penjaminan LPS menjadi rate by LPS is 4.25% for deposits denominated in
sebesar 4,25% untuk simpanan dalam Rupiah dan Rupiah and 2.25% for deposits denominated in foreign
2,25% untuk simpanan dalam mata uang asing. currency.
Grup adalah peserta dari program penjaminan The Group both are participants of the guarantee
tersebut. Premi yang telah dibayarkan selama program. Premium paid for the year ended
tahun yang berakhir pada tanggal 31 December 2023 and 2022 were Rp 233,280 and
31 Desember 2023 dan 2022 masing-masing Rp 213,414, respectively.
adalah Rp 233.280 dan Rp 213.414.
44. KEJADIAN SETELAH TANGGAL PELAPORAN 44. SUBSEQUENT EVENTS AFTER REPORTING
DATE
Dengan lewatnya jangka waktu penyampaian By the lapsing of the time period on Creditor’s
keberatan dari Kreditur atas perubahan modal objection filing in regards to the capital changes as
sebagaimana dimaksud dalam Undang-Undang meant by the Law No. 40 Year 2007 on Limited
No. 40 Tahun 2007 tentang Perseroan Terbatas, Liability Company, the changes in the articles of
maka perubahan anggaran dasar sebagaimana association have been stipulated in the Deed No. 7
dituangkan dalam Akta No. 07 tanggal 7 Desember dated 7 December 2023 which was made by Notary
2023 yang dibuat oleh Notaris Ashoya Ratam, SH, Ashoya Ratam SH, MKn, and has been approved by
MKn, telah mendapat persetujuan dari the Minister of Law and Human Rights
Kementerian Hukum dan Hak Asasi Manusia No. AHU-0082757.AH.01.02. Year 2023 dated
Republik Indonesia melalui surat 7 February 2024.
No. AHU-0082757.AH.01.02 Tahun 2023 tanggal
7 Februari 2024.
Sehubungan dengan rencana Penambahan Modal In regards to the plan of Capital Increase by Granting
dengan Memberikan Hak Memesan Efek Terlebih Pre-emptive Rights (PMHMETD) or Rights Issue
Dahulu (PMHMETD) atau Rights Issue yang which has been decided in the Extraordinary General
diputuskan dengan Rapat Umum Pemegang Saham Meeting of Shareholders (EGMS) dated
Luar Biasa (”RUPSLB”) pada tanggal 7 December 2023, Bank has obtained the effective
7 Desember 2023, Bank telah memperoleh statement from Financial Service Authority with letter
pernyataan efektif dari Otoritas Jasa Keuangan Number S-29/D.04/2024 dated 19 February 2024.
melalui surat Nomor S-29/D.04/2024 tanggal
19 Februari 2024.
211
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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. KEJADIAN SETELAH TANGGAL PELAPORAN 44. SUBSEQUENT EVENTS AFTER REPORTING
(lanjutan) DATE (continued)
Bank telah mengungkapkan rencana penggunaan The Bank has disclosed its plan to use the proceed
dana Rights Issue tersebut adalah untuk melakukan from the Rights Issue fund to expand and invest
ekspansi dan investasi usaha melalui through the acquisition of financing business
pengambilalihan perusahaan-perusahaan yang companies namely PT Oto Multiartha and PT Summit
bergerak di kegiatan usaha pembiayaan yaitu Oto Finance, from SMBC and PT Summit Auto Group
PT Oto Multiartha dan PT Summit Oto Finance, dari (which is currently a subsidiary of Sumitomo
SMBC dan PT Summit Auto Group (yang saat ini Corporation).
merupakan anak perusahaan dari Sumitomo
Corporation).
45. STANDAR AKUNTANSI YANG DITERBITKAN 45. ISSUED BUT NOT YET EFFECTIVE ACCOUNTING
NAMUN BELUM BERLAKU EFEKTIF STANDARDS
Pernyataan Standar Akuntansi Keuangan (PSAK) The relevant Statements of Financial Accounting
relevan yang telah disahkan oleh Dewan Standar Standards (PSAK) issued by the Board of Financial
Akuntansi Keuangan (DSAK) namun belum berlaku Accounting Standards (DSAK) but not yet effective for
efektif untuk laporan keuangan konsolidasian untuk the consolidated financial statements for the year
tahun yang berakhir pada tanggal ended 31 December 2023 are as follows:
31 Desember 2023 adalah sebagai berikut:
PSAK yang akan berlaku sejak tanggal PSAK that will become effective on 1 January 2024:
1 Januari 2024:
- Amandemen PSAK 1 “Penyajian Laporan - Amendments to PSAK 1 “Presentation of
Keuangan: Pengungkapan Liabilitas Jangka Financial Statements: Disclosure of Long Term
Panjang dengan Kovenan” Liabilities under the Covenant”
- Amandemen PSAK 2 “Laporan Arus Kas” - Amendments to PSAK 2 “Cash Flow Statement”
- Amandemen PSAK 60 “Instrumen Keuangan: - Amandements PSAK 60 “Financial Intruments:
Pengungkapan” Disclosure”
- Amandemen PSAK 73 “Sewa: Liabilitas Sewa - Amendments to PSAK 73 “Lease: Lease
pada Transaksi Jual dan Sewa-balik” Liabilities on Sale and Leaseback Transactions”
PSAK yang akan berlaku sejak tanggal PSAK that will become effective on 1 January 2025:
1 Januari 2025:
- 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 As at the authorization date of these consolidated
konsolidasian, Grup masih mengevaluasi dampak financial statements, the Group is still evaluating the
yang mungkin timbul dari penerapan standar baru potential impact of the new standard to the
tersebut serta pengaruhnya terhadap laporan consolidated financial statements.
keuangan konsolidasian.
212
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PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED 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)
46. REKONSILIASI UTANG BERSIH 46. NET DEBT RECONCILIATION
Pinjaman
Pinjaman yang Utang obligasi/ subordinasi/ Liabilitas
diterima/ Bonds Subordinated sewa/Lease Jumlah/
Borrowings payable loans liabilities Total
Utang bersih tanggal Net debt as of
1 Januari 2022 34,843,870) 1,003,468) 2,852,954) 500,902) 39,201,194) 1 January 2022
Arus kas 10,143,096) (799,000) -) (146,455) 9,197,641) Cash flows
Perubahan lain*) 80,442) (2,820) 272,624) 71,440) 421,686) Other changes *)
Utang bersih tanggal Net debt as of
31 Desember 2022 45,067,408) 201,648) 3,125,578) 425,887) 48,820,521) 31 December 2022
Arus kas (15,277,847) (15,578) (205,135) (116,558) (15,615,129) Cash flows
Perubahan lain*) 1,565,956) 16,013) 169,917) 44,661) 1,796,547) Other changes *)
Utang bersih tanggal Net debt as of
31,355,517) 202,083) 3,090,360) 353,990) 35,001,950)
31 Desember 2023 31 December 2023
*) Perubahan lain termasuk pergerakan non-kas yang merupakan *) Other changes include non-cash movements which are effect of
dampak perubahan selisih kurs, amortisasi biaya transaksi, dan exchange rate, amortization of transaction cost, and accrued interest
akrual beban bunga expenses
47. INFORMASI KEUANGAN TAMBAHAN 47. SUPPLEMENTARY FINANCIAL INFORMATION
Bank menerbitkan laporan keuangan konsolidasian The Bank issued the consolidated financial
yang merupakan laporan keuangan utama. Informasi statements as its primary financial statements. The
keuangan tambahan PT BANK BTPN Tbk (Entitas supplementary financial information of
Induk) ini, dimana investasi pada Entitas Anak dicatat PT BANK BTPN Tbk (Parent Entity) which account for
dengan metode harga perolehan, disajikan untuk investments in Subsidiaries using the cost method,
dapat menganalisis hasil usaha entitas induk saja. have been prepared in order that the parent entity’s
Informasi keuangan tambahan PT BANK BTPN Tbk results of operations can be analysed. The following
(Entitas Induk) (halaman 214-222) berikut ini harus supplementary financial information of
dibaca bersamaan dengan laporan keuangan PT BANK BTPN Tbk (Parent Entity) (pages 214-222)
konsolidasian PT BANK BTPN Tbk dan Entitas Anak. should be read in conjunction with the consolidated
financial statements of PT BANK BTPN Tbk and
Subsidiaries.
213
Page 602
INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
LAMPIRAN 1.1 APPENDIX 1.1
PT BANK BTPN 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)
31 Desember/December
2023 2022
ASET ASSETS
Kas 931,530) 1,017,618) Cash
Giro pada Bank Indonesia 8,613,155) 9,520,923) Current accounts with Bank Indonesia
Giro pada bank-bank lain: Current accounts with other banks
- Pihak ketiga 496,671) 1,547,499) Third parties -
- Pihak berelasi 462,061) 639,707) Related parties -
Dikurangi: Cadangan kerugian penurunan nilai (158) (415) Less: Allowance for impairment losses
958,574) 2,186,791)
Penempatan pada Bank Indonesia Placements with Bank Indonesia
dan bank-bank lain 8,623,654) 21,617,714) and other banks
Pendapatan bunga yang masih akan diterima 2,624) 2,851) Accrued interest income
Dikurangi: Cadangan kerugian penurunan nilai -) (171) Less: Allowance for impairment losses
8,626,278) 21,620,394)
Efek-efek Securities
- Pihak ketiga 8,547,321) 11,115,529) Third parties -
- Pihak berelasi -) 185,510) Related parties -
Pendapatan bunga yang masih akan diterima 150,343) 149,871) Accrued interest income
Dikurangi: Cadangan kerugian penurunan nilai (799) (999) Less: Allowance for impairment losses
8,696,865) 11,449,911)
Tagihan derivatif Derivative receivables
- Pihak ketiga 636,924) 1,131,664) Third parties -
- Pihak berelasi 496,225) 615,160) Related parties -
1,133,149) 1,746,824)
Tagihan akseptasi 3,289,757) 3,069,854) Acceptance receivables
Dikurangi: Cadangan kerugian penurunan nilai (8,637) (4,495) Less: Allowance for impairment losses
3,281,120) 3,065,359)
Pinjaman yang diberikan: Loans:
- Pihak ketiga 141,400,072) 132,208,660) Third parties -
- Pihak berelasi 3,773,364) 2,387,393) Related parties -
Pendapatan bunga yang masih akan diterima 932,906) 739,758) Accrued interest income
Dikurangi: Cadangan kerugian penurunan nilai (3,404,131) (2,810,194) Less: Allowance for impairment losses
142,702,211) 132,525,617)
Penyertaan saham Investment in shares
- Pihak ketiga 22) 22) Third parties -
- Pihak berelasi 1,308,462) 1,308,462) Related parties -
1,308,484) 1,308,484)
Beban dibayar dimuka 1,136,055) 1,412,001) Prepayments
Klaim pengembalian pajak 67,337) 50,357) Claims for tax refund
Aset pajak tangguhan 441,560) 384,407) Deferred tax assets
Aset tetap 3,958,107) 4,017,129) Fixed assets
Dikurangi: Akumulasi penyusutan (2,286,537) (2,277,391) Less: Accumulated depreciation
1,671,570) 1,739,738)
Aset takberwujud 3,096,432) 2,880,272) Intangible assets
Dikurangi: Akumulasi amortisasi (2,278,908) (2,035,262) Less: Accumulated amortization
817,524) 845,010)
Aset lain-lain 961,327) 420,460) Other assets
Dikurangi: Cadangan kerugian penurunan nilai (105,403) (52,338) Less: Allowance for impairment losses
855,924) 368,122)
JUMLAH ASET 181,241,336) 189,241,556) TOTAL ASSETS
214
Page 603
INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
LAMPIRAN 1.2 APPENDIX 1.2
PT BANK BTPN 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)
31 Desember/December
2023 2022
LIABILITAS DAN EKUITAS LIABILITIES AND EQUITY
Liabilitas segera 42,261) 20,617) Liabilities due immediately
Simpanan nasabah Deposits from customers
- Pihak ketiga 95,571,983) 101,737,505) Third parties -
- Pihak berelasi 483,776) 1,080,514) Related parties -
Beban bunga yang masih harus dibayar 179,647) 145,624) Accrued interest expenses
96,235,406) 102,963,643)
Simpanan dari bank-bank lain Deposits from other banks
- Pihak ketiga 1,257,385) 28,875) Third parties -
- Pihak berelasi 9,561,059) 147,352) Related parties -
Beban bunga yang masih harus dibayar 7,483) -) Accrued interest expenses
10,825,927) 176,227)
Liabilitas derivatif Derivative payables
- Pihak ketiga 1,014,819) 1,323,645) Third parties -
- Pihak berelasi 57,285) 124,091) Related parties -
1,072,104) 1,447,736)
Liabilitas akseptasi Acceptance payables
- Pihak ketiga 2,160,250) 2,157,596) Third parties -
- Pihak berelasi 163,383) 199,232) Related parties -
2,323,633) 2,356,828)
Utang pajak: Taxes payable:
- Pajak penghasilan 73,029) -) Income taxes -
- Pajak lain-lain 113,988) 113,983) Other taxes -
187,017) 113,983)
Efek-efek yang diterbitkan: Securities issued:
- Utang obligasi 200,569) 200,134) Bonds payable -
Beban bunga yang masih harus dibayar 1,514) 1,514) Accrued interest expenses
202,083) 201,648)
Pinjaman yang diterima Borrowings
- Pihak ketiga 12,682,950) 7,563,850) Third parties -
- Pihak berelasi 18,569,798) 37,257,744) Related parties -
Beban transaksi yang belum diamortisasi (48,251) (9,988) Unamortized transaction costs
Beban bunga yang masih harus dibayar 151,020) 155,802) Accrued interest expenses
31,355,517) 44,967,408)
Akrual 411,413) 363,201) Accruals
Pinjaman subordinasi 3,079,400) 3,113,500) Subordinated loans
Beban bunga yang masih harus dibayar 10,960) 12,078) Accrued interest expenses
3,090,360) 3,125,578)
Liabilitas imbalan kerja karyawan: Employee benefits liabilities:
- Imbalan kerja jangka pendek 323,918) 278,730) Short-term employee benefits -
- Imbalan pascakerja dan imbalan jangka panjang Post-employment and other long-term -
lainnya 128,085) 43,281) employees benefits
452,003) 322,011)
Liabilitas sewa 300,198) 358,141) Lease liabilities
Liabilitas lain-lain 1,012,594) 594,657) Other liabilities
JUMLAH LIABILITAS 147,510,516) 157,011,678) TOTAL LIABILITIES
215
Page 604
INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
LAMPIRAN 1.3 APPENDIX 1.3
PT BANK BTPN 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)
31 Desember/December
2023 2022
EKUITAS SHAREHOLDERS’ EQUITY
Modal saham Share capital
Modal dasar Rp 300.000 Authorised capital of Rp 300,000
terdiri dari: consists of:
15.000.000.000 saham 15,000,000,000 shares
dengan nilai nominal with par value of
Rp 20 (nilai penuh) per saham Rp 20 (full amount) per share
Modal ditempatkan dan disetor penuh sebesar Issued and fully paid-up capital is
8.149.106.869 saham 8,149,106,869 shares
(31 Desember 2022: 8.149.106.869 saham) 162,982) 162,982) (31 December 2022: 8,149,106,869 shares)
Tambahan modal disetor 11,167,715) 11,167,694) Additional paid-in capital
Cadangan revaluasi aset tetap 950,557) 870,785) Reserve on revaluation of fixed assets
Cadangan nilai wajar - bersih 2,804) (7,750) Fair value reserve – net
Saldo laba Retained earnings
- Dicadangkan 32,596) 32,596) Appropriated -
- Belum dicadangkan 21,408,060) 19,997,917) Unappropriated -
21,440,656) 20,030,513)
Komponen ekuitas lainnya 260,801) 260,801) Other equity components
Saham tresuri (254,695) (255,147) Treasury shares
JUMLAH EKUITAS 33,730,820) 32,229,878) TOTAL EQUITY
JUMLAH LIABILITAS DAN EKUITAS 181,241,336) 189,241,556) TOTAL LIABILITIES AND EQUITY
216
Page 605
INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
LAMPIRAN 2.1 APPENDIX 2.1
PT BANK BTPN 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)
Tahun berakhir 31 Desember/
Years ended 31 December
2023 2022
PENDAPATAN (BEBAN) BUNGA INTEREST INCOME (EXPENSES)
Pendapatan bunga 13,069,491) 10,525,856) Interest income
Beban bunga (6,285,177) (3,876,891) Interest expense
PENDAPATAN BUNGA BERSIH 6,784,314) 6,648,965) NET INTEREST INCOME
Pendapatan operasional lainnya: Other operating income:
Pendapatan operational lainnya 1,861,815) 1,499,304) Other operating income
Keuntungan dari selisih kurs dan transaksi derivatif Net gains on foreign exchange and
bersih 650,386) 780,657) derivative transactions
2,512,201) 2,279,961)
Beban operasional lainnya: Other operating expenses:
Beban kepegawaian (2,394,073) (2,210,178) Personnel expenses
Beban umum dan administrasi (2,635,162) (2,661,322) General and administrative expenses
Cadangan kerugian penurunan nilai (1,151,802) (895,115) Provision for impairment losses
Beban operasional lain-lain (534,697) (452,095) Other operating expenses
(6,715,734) (6,218,710)
PENDAPATAN OPERASIONAL BERSIH 2,580,781) 2,710,216) NET OPERATING INCOME
PENDAPATAN (BEBAN) NON-OPERATING
NON-OPERASIONAL INCOME (EXPENSES)
Pendapatan non-operasional 7,154) 5,863) Non-operating income
Beban non-operasional (11,332) (8,162) Non-operating expenses
(4,178) (2,299)
LABA SEBELUM PAJAK PENGHASILAN 2,576,603) 2,707,917) INCOME BEFORE INCOME TAX
BEBAN PAJAK PENGHASILAN (475,892) (524,941) INCOME TAX EXPENSE
LABA BERSIH 2,100,711) 2,182,976) NET INCOME
217
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INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
LAMPIRAN 2.2 APPENDIX 2.2
PT BANK BTPN 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)
Tahun berakhir 31 Desember/
Years ended 31 December
2023 2022
PENGHASILAN KOMPREHENSIF LAIN: OTHER COMPREHENSIVE INCOME:
Pos-pos yang tidak akan direklasifikasi Items that will not be reclassified
ke laba rugi to profit or loss
Keuntungan revaluasi aset tetap 79,772) -) Gain on revaluation of fixed assets
Pengukuran kembali liabilitas imbalan kerja Remeasurement from employee
karyawan (91,574) (43,100) benefits liabilities
Pajak penghasilan terkait pos-pos yang tidak akan Income tax relating to items that will not be
direklasifikasikan ke laba rugi 20,146) 9,482) reclassified to profit or loss
8,344) (33,618)
Pos-pos yang akan direklasifikasi Items that will be reclassified
ke laba rugi to profit or loss
Keuntungan yang belum direalisasi atas perubahan Unrealized gains on fair value changes of
nilai wajar efek-efek yang diukur pada nilai wajar securities measured at fair value through
melalui penghasilan komprehensif lain 13,531) (160,967) other comprehensive income
Pajak penghasilan terkait pos-pos yang akan Income tax relating to items that will be
direklasifikasikan ke laba rugi (2,977) 35,413) reclassified to profit or loss
10,554) (125,554)
PENGHASILAN KOMPREHENSIF LAIN TAHUN OTHER COMPREHENSIVE INCOME
BERJALAN, SETELAH PAJAK PENGHASILAN 18,898) (159,172) FOR THE YEAR, NET OF INCOME TAX
JUMLAH LABA KOMPREHENSIF TAHUN TOTAL COMPREHENSIVE INCOME
BERJALAN, SETELAH PAJAK PENGHASILAN 2,119,609) 2,023,804) FOR THE YEAR, NET OF INCOME TAX
LABA BERSIH PER SAHAM (NILAI PENUH) EARNINGS PER SHARE (FULL AMOUNT)
Dasar 261) 271) Basic
Dilusian 261) 271) Diluted
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INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
LAMPIRAN 3.1 APPENDIX 3.1
PT BANK BTPN 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)
Modal Saldo laba yang Saldo laba yang
ditempatkan
Tambahan Cadangan sudah belum
dan disetor
penuh/ modal revaluasi Cadangan ditentukan ditentukan Komponen
Issued and disetor/ asset tetap/ nilai wajar - penggunaannya/ penggunaanya/ ekuitas
fully Additional Reserve on bersih/ Appropriated Unappropriated lainnya/ Saham tresuri/ Jumlah
paid-up paid in revaluation of Fair value retained retained Other equity Treasury ekuitas/
share capital capital fixed assets reserve – net earnings earnings components shares Total equity
Saldo tanggal 1 Januari 2023 162,982) 11,167,694) 870,785) (7,750) 32,596) 19,997,917) 260,801) (255,147) 32,229,878) Balance as of 1 January 2023
Laba bersih tahun berjalan -) -) -) -) -) 2,100,711) -) -) 2,100,711) Net income for the year
Penghasilan komprehensif lainnya: Other comprehensive income:
Cadangan revaluasi aset tetap -) -) 79,772) -) -) -) -) -) 79,772) Gain on revaluation of fixed assets
Pengukuran kembali liabilitas imbalan Remeasurement of employee
kerja karyawan -) -) -) -) -) (91,574) -) -) (91,574) benefit liabilities
Perubahan nilai wajar atas aset Changes in fair value of financial
keuangan yang diukur pada nilai assets measured at fair value
wajar melalui penghasilan through other comprehensive
komprehensif lain -) -) -) 13,531) -) -) -) -) 13,531) income
Efek pajak terkait -) -) -) (2,977) -) 20,146) -) -) 17,169) Related tax effect
Jumlah laba komprehensif selama tahun Total comprehensive income during
berjalan -) -) 79,772) 10,554) -) 2,029,283) -) -) 2,119,609) the year
Pembayaran dividen -) -) -) -) -) (619,140) -) -) (619,140) Dividend payment
Penjualan saham treasuri ke publik -) 21) -) -) -) -) -) 452) 473) Sales of treasury shares to public
Saldo tanggal 31 Desember 2023 162,982) 11,167,715) 950,557) 2,804) 32,596) 21,408,060) 260,801) (254,695) 33,730,820) Balance as of 31 December 2023
219
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INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
LAMPIRAN 3.2 APPENDIX 3.2
PT BANK BTPN 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)
Modal Saldo laba yang Saldo laba
ditempatkan
dan disetor Tambahan Cadangan sudah yang belum
penuh/ modal revaluasi Cadangan ditentukan ditentukan Komponen
Issued and disetor/ 220sset tetap/ nilai wajar - penggunaannya/ penggunaanya/ ekuitas
fully Additional Reserve on bersih/ Appropriated Unappropriated lainnya/ Saham tresuri/ Jumlah
paid-up paid in revaluation of Fair value retained retained Other equity Treasury ekuitas/
share capital capital fixed assets reserve - net earnings earnings components shares Total equity
Saldo tanggal 1 Januari 2022 162,982 11,167,694) 870,785 117,804) 32,596 17,848,559)) 260,801 (255,147) 30,206,074) Balance as of 1 January 2022
Laba bersih tahun berjalan - -) - -) - 2,182,976) - -) 2,182,976) Net income for the year
Penghasilan komprehensif lainnya: Other comprehensive income:
Pengukuran kembali liabilitas imbalan Remeasurement of employee
kerja karyawan - - - -) - (43,100) - - (43,100) benefits liabilties
Perubahan nilai wajar atas aset Changes in fair value of financial
keuangan yang diukur pada nilai assets measured at fair value
wajar melalui penghasilan through other comprehensive
komprehensif lain - -) - (160,967) - -) - -) (160,967) income
Efek pajak terkait - -) - 35,413) - 9,482) - -) 44,895) Related tax effect
Jumlah laba komprehensif selama tahun Total comprehensive income during
berjalan - -) - (125,554) - 2,149,358) - -) 2,023,804) the year
Saldo tanggal 31 Desember 2022 162,982 11,167,694) 870,785 (7,750) 32,596 19,997,917) 260,801 (255,147) 32,229,878) Balance as of 31 December 2022
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INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
LAMPIRAN 4.1 APPENDIX 4.1
PT BANK BTPN 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)
Tahun berakhir 31 Desember/
Years ended 31 December
2023 2022
ARUS KAS DARI AKTIVITAS OPERASI CASH FLOWS FROM OPERATING ACTIVITIES
Penerimaan pendapatan bunga 12,876,098) 10,260,840) Receipts from interest
Pembayaran beban bunga (7,016,441) (3,782,757) Payments of interest expense
Penerimaan pendapatan operasional lainnya 1,708,143) 2,347,234) Receipts from other operating income
Penerimaan kembali kredit yang telah dihapusbukukan 325,612) 237,713) Recovery from written-off loans
Pembayaran beban kepegawaian (2,355,655) (2,266,186) Payments of personnel expenses
Pembayaran beban operasional lainnya (2,022,598) (2,069,813) Payments of other operating expenses
Penerimaan lain-lain 7,417) 11,564 Other receipts
Pembayaran pajak penghasilan badan (474,472) (653,120) Payments of corporate income tax
Arus kas sebelum perubahan dalam aset dan Cash flows before changes in operating assets
liabilitas operasi 3,048,104) 4,085,475) and liabilities
(Kenaikan) penurunan aset operasi: (Increase) decrease in operating assets:
Pinjaman yang diberikan (11,142,017) (10,762,631) Loans
Tagihan akseptasi (219,903) (1,307,292) Acceptance receivables
Tagihan derivatif 613,675) (1,178,125) Derivative receivables
Kenaikan (penurunan) liabilitas operasi: Increase (decrease) in operating liabilities:
Liabilitas segera 21,644) 10,585) Obligation due immediately
Simpanan nasabah (6,762,260) 4,411,350) Deposits from customers
Simpanan dari bank-bank lain 10,642,217) (3,707,614) Deposits from other banks
Liabilitas derivatif (375,632) 945,245) Derivative payables
Liabilitas akseptasi (33,195) 1,396,620) Acceptance payables
Arus kas digunakan untuk aktivitas operasi (4,207,367) (6,106,387) Net cash flows used in operating activities
ARUS KAS DARI AKTIVITAS INVESTASI CASH FLOWS FROM INVESTING ACTIVITIES
Pembelian efek-efek (3,407,262) (2,304,354) Purchase of securities
Penjualan efek-efek 5,120,218) 6,644,183) Proceeds from sale of securities
Perolehan aset tetap (105,322) (98,751) Acquisition of fixed assets
Perolehan aset hak guna (3,542) (13,360) Acquisition of right-of-use assets
Perolehan aset takberwujud (336,537) (351,395) Acquisition of intangible assets
Hasil dari penjualan aset tetap 3,483) 2,223) Proceeds from sale of fixed assets
Arus kas bersih diperoleh dari Net cash flows provided from
aktivitas investasi 1,271,038) 3,878,546) investing activities
ARUS KAS DARI AKTIVITAS PENDANAAN CASH FLOWS FROM FINANCING ACTIVITIES
Pembayaran utang obligasi -) (799,000) Payments of securities issued
Penerimaan dari pinjaman yang diterima 27,232,047) 16,045,873) Proceeds from borrowings
Pembayaran angsuran dan pelunasan pinjaman yang Installment payments and settlement
diterima (40,071,851) (6,002,777) of borrowings
Pembayaran pokok liabilitas sewa (116,558) (146,455) Payments of lease liabilities principals
Penerimaan dividen 498,815) -) Dividend received
Pembayaran dividen (619,140) -) Dividend paid
Penjualan saham tresuri ke publik 473) -) Sales of treasury shares to public
Arus kas bersih (digunakan untuk) diperoleh dari Net cash flows (used in) provided from
aktivitas pendanaan (13,076,214) 9,097,641) financing activities
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INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
LAMPIRAN 4.2 APPENDIX 4.2
PT BANK BTPN 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)
Tahun berakhir 31 Desember/
Years ended 31 December
2023 2022
(PENURUNAN) KENAIKAN BERSIH NET (DECREASE) INCREASE IN
KAS DAN SETARA KAS (16,012,543) 6,869,800) CASH AND CASH EQUIVALENTS
DAMPAK PERUBAHAN SELISIH KURS TERHADAP EFFECT OF EXCHANGE RATE CHANGES ON
KAS DAN SETARA KAS (14,462) 3,376) CASH AND CASH EQUIVALENTS
CASH AND CASH EQUIVALENTS AT THE
SALDO KAS DAN SETARA KAS AWAL TAHUN 35,242,663) 28,369,487) BEGINNING OF YEAR
CASH AND CASH EQUIVALENTS AT THE
SALDO KAS DAN SETARA KAS AKHIR TAHUN 19,215,658) 35,242,663) END OF YEAR
Cash and cash equivalents
Kas dan setara kas akhir tahun terdiri dari: at end of the year consists of:
Kas 931,530) 1,017,618) Cash
Giro pada Bank Indonesia 8,613,155) 9,520,923) Current accounts with Bank Indonesia
Giro pada bank-bank lain 958,732) 2,187,206) Current accounts with other banks
Penempatan pada Bank Indonesia dan Placements with Bank Indonesia and
bank-bank lain 8,623,654) 21,617,714) other banks
Efek-efek 88,587) 899,202) Securities
19,215,658) 35,242,663)
SUPPLEMENTAL CASH FLOWS
INFORMASI TAMBAHAN ARUS KAS: INFORMATION:
AKTIVITAS YANG TIDAK MEMPENGARUHI ACTIVITIES NOT AFFECTING
ARUS KAS CASH FLOWS
Pembelian aset tetap yang masih terhutang (1,248) (790)) Acquisition of fixed assets still unpaid
222
Page 611
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Siddharta Widjaja & Rekan
Registered Public Accountants
33 rd FloorWisma GKBI
28, JI. Jend. Sudirman
Jakarta 10210
Indonesia
+62 (0) 21 574 2333 / 574 2888
Laporan Auditor lndependen Independent Auditors' Report
No.: 00037/2.1005/AU. l/07/1212-2/l/lV2024 No .: 0003 7/2.1005/A U.110711212-2/ l lII/2024
Para Pemegang Saham, The Shareholders,
Dewan Komisaris dan Direksi Board of Commissioners and Board of Directors
PT BANK BTPN Tbk: PT BANK BTPN Tbk:
Opini Opinion
Kami telah mengaudit laporan keuangan konsolidasian We have audited the consolidatedfinancial statements of
PT BANK BTPN Tbk (secara individu disebut "Bank") dan entitas PT BANK BTPN Tbk (individually referred to as "the Bank")
anaknya (secara bersama-sama disebut "Grup"), yang terdiri dari and its subsidiaries (together referred to as "the Group "),
laporan posisi keuangan konsolidasian tanggal 31 Desember 2023, which comprise the consolidated statement offinancial position
serta laporan laba rugi dan penghasilan komprehensif lain as of 31 December 2023, the consolidated statement ofprofit or
konsolidasian, laporan perubahan ekuitas konsolidasian, dan loss and other comprehensive income, the consolidated
laporan arus kas konsolidasian untuk tahun yang berakhir pada statement of changes in equity, and the consolidated statement
tanggal 31 Desember 2023, serta catatan, yang terdiri dari of cash flows for the year ended 31 December 2023, and notes,
informasi kebijakan akuntansi material dan informasi penjelasan comprising material accounting policies information and other
lainnya. explanatory information.
Menurut opini kami, laporan keuangan konsolidasian terlarnpir in our opinion, the accompanying consolidated financial
menyajikan secara wajar, dalam semua ha! yang material, posisi statements present fairly, in all material respects, the
keuangan konsolidasian Grup pada tanggal 31 Desember 2023 , consolidated financial position of the Group as of
serta kinerja keuangan konsolidasian dan arus kas konsolidasiannya 31 December 2023, and its consolidated financial performance
untuk tahun yang berakhir 31 Desember 2023 sesuai dengan and its consolidated cash flows for the year ended 31 December
Standar Akuntansi Keuangan di Indonesia. 2023 in accordance with Indonesian Financial Accounting
Standards.
Basis Opini Basis for Opinion
Kami melaksanakan audit kami berdasarkan Standar Audit yang We conducted our audit in accordance with Standards on
ditetapkan oleh Institut Akuntan Publik Indonesia. Tanggungjawab Auditing established by the Indonesian Institute of Certified
kami menurut standar tersebut diuraikan lebih lanjut dalam Public Accountants. Our responsibilities under those standards
paragraf Tanggung Jawab Auditor terhadap Audit atas Laporan are further described in the Auditors' Responsibilities for the
Keuangan Konsolidasian pada laporan kami. Kami independen Audit of the Consolidated Financial Statements section of our
terhadap Grup berdasarkan ketentuan etika yang relevan dalam report. We are independent of the Group in accordance with the
audit kami atas laporan keuangan konsolidasian di Indonesia, dan ethical requirements that are relevant to our audit of the
kami tel ah memenuhi tanggung jaw ab etika lainnya berdasarkan consolidated financial statements in Indonesia, and we have
ketentuan tersebut. Kami yakin bahwa bukti audit yang telah kami fulfilled our other ethical responsibilities in accordance with
peroleh adalah cukup dan tepat untuk menyediakan suatu basis bagi these requirements. We believe that the audit evidence we have
opini audit kami. obtained is sufficient and appropriate to provide a basis for our
opinion.
Siddharta Widjaja & Rekan - Registered Public Accountants, an Indonesian partnership and a member firm of the KPMG global
organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee . License No. : 916/KM .1/2014
Page 612
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Hal Audit Utama Key Audit Matters
Hal audit utama adalah hal-hal yang, menurut pertimbangan Key audit matters are those matters that, in our professional
profesional kami, merupakan hal yang paling signifikan dalam judgment, were of most significance in our audit of the
audit kami atas laporan keuangan konsolidasian periode kini . Hal- consolidated financial statements of the current period. These
hal tersebut disampaikan dalam konteks audit kami atas laporan matters were addressed in the context of our audit of the
keuangan secara keseluruhan, dan dalam merumuskan opini kami consolidatedfinancial statements as a whole, and informing
atas laporan keuangan konsolidasian terkait, kami tidak our opinion thereon, and we do not provide a separate opinion
menyatakan suatu opini terpisah atas hal audit utama tersebut. on these matters.
I. Cadangan kerugian penurunan nilai pinjaman yang I. The Bank's allowance for impairment losses of loans
diberikan (Kerugian Kredit Ekspektasian "KKE'') Bank (Expected Credit Losses "ECL '')
Lihat Catatan 2i. l (lkhtisar kebijakan akuntansi yang material Refer to Note 2 i. J (Summary of material accounting
- Cadangan kerugian penurunan nilai aset keuangan - Aset policies -Allowance for impairment losses offinancial
keuangan yang dicatat pada biaya perolehan diamortisasi), assets - Financial assets carried at amortized cost), Note 3
Catatan 3 (Estimasi dan pertimbangan akuntansi yang penting (Critical accounting estimates and judgments - Key
- Sumber utama ketidakpastian estimasi - Cadangan kerugian sources of estimation uncertainty-Allowance for
penurunan nilai aset keuangan - Bank), Catatan 11 (Pinjaman impairment losses offinancial assets - Bank) , Note I I
yang diberikan dan pembiayaan/piutang syariah - Pinjaman (Loans and sharia financing receivables - Loans), Note 34
yang diberikan), Catatan 34 (Cadangan kerugian penurunan (Provision/or impairment losses), and Note 41 (Risk
nilai), dan Catatan 41 (Manajemen risiko - Risiko kredit). management - Credit risk) .
Pada tanggal 31 Desember 2023, Grup melaporkan cadangan As of 31 December 2023, the Group reported allowance
kerugian penurunan nilai pinjaman yang diberikan dan for impairment losses of loans and sharia
pembiayaan/piutang syariah sebesar Rp 4.618.047 juta. financing/receivables of Rp 4,618,047 million. Included in
Termasuk pada saldo tersebut sebagian besar berasal dari such balances were mainly from loans portfolio of the Bank
portofolio pinjaman yang diberikan Bank sebagai entitas bank as a commercial conventional banking entity, amounted to
um urn konvensional, yaitu sebesar Rp 3.404.13 1 juta, Rp 3,404, J3 J million, representing 74% of the total
mewakili 74% dari total cadangan kerugian penurunan nilai allowance for impairment losses of loans and sharia
pinjaman yang diberikan dan pembiayaan/piutang syariah. financing/receivables.
Kami mengidentifikasi cadangan kerugian penurunan nilai We identified the Bank's allowance for impairment losses
pinjaman yang diberikan Bank sebagai hal audit utama karena of loans as a key audit matter because the determination of
penentuan atas KKE memerlukan pertimbangan manajemen £CL requires significant management judgment and is
yang signifikan dan memiliki tingkat ketidakpastian estimasi subject to a high degree of estimation uncertainty. In
yang tinggi. Dalam menentukan KKE, Bank mengadopsi determining the ECL, the Bank adopted complex models,
model yang kompleks, menggunakan sejumlah asumsi, dan using various assumptions, and relied on internal and
mengandalkan input data internal dan eksternal. external data inputs.
Pengukuran KKE melibatkan pertimbangan manajemen yang The measurement of £CL involves significant management
signifikan, termasuk antara lain: judgement, including, among others:
• Pemilihan model, data dan asumsi yang digunakan • Selection of models, data and assumptions used in the
dalam perhitungan KKE; ECL calculation;
• Penentuan apakah telah terjadi peningkatan risiko kredit • Determination of whether or not there was a
yang signifikan atau gagal bayar di dalam klasifikasi significant increase in credit risk or a default in the
pinjaman yang diberikan ke dalam tahap KKE; classification of loans into ECL stages;
• Pengklasifikasian debitur menjadi kategori risiko kredit • Classification of borrowers into appropriate credit
(peringkat kredit internal) yang tepat dengan melakukan risk categories (internal risk ratings) through
penilaian kualitatif performing a qualitative assessment;
• Penentuan skenario makroekonomi untuk perkiraan • Determination of macroeconomic variables f or
masa depan, penerapan skenario ekonomi dan forward-looking measurement, application of
pembobotan probabilitas tertimbang setiap skenario ; economic scenarios and its probability weightings;
Page 613
• Proyeksi atas skenario arus kas masa depan ekspektasian • Projection of expected future cash flow scenarios as
sebagai input untuk metode arus kas diskonto ("DCF") an input to the discounted cashjlow ("DCF") method
untuk pinjaman yang memburuk yang secara individual for credit-impaired loans which are considered
dianggap signifikan. individually significant.
Bagaimana audit kami merespons Hal Audit Utama How our audit addressed the Kev Audit Matter
Kami bekerja sama denganfinancial risk modelling specialist We work with our financial risk modelling specialist, who
kami, yang merupakan bagian yang tidak terpisahkan dari tim are an integral part of our core audit team in performing
audit utama kami, dalam menerapkan beberapa prosedur several audit procedures.
audit.
Kami memeroleh pemahaman mengenai pengendalian utama We obtained understanding of management 's key controls
dan pendekatan manajemen dalam menghitung KKE untuk and approach in the ECL calculationfor loans to assess
pinjaman yang diberikan dan menilai risiko inheren dari salah the inherent risk of material misstatement by considering
saji material dengan mempertimbangkan tingkat the degree of estimation uncertainty and level of other
ketidakpastian estimasi dan tingkat risiko inheren lainnya. inherent risks. As part of our risk assessment, we also
Sebagai bagian dari penilaian risiko, kami juga mengevaluasi evaluate retrospective review (back-testing analysis)
uji retrospektif (analisis back-testing) yang dilakukan prepared by the management to assess the sufficiency of
manajemen untuk menilai kecukupan KKE. ECL.
Kami mengevaluasi dan menguji desain dan implementasi We evaluated and tested the design and implementation of
pengendalian internal yang berkaitan dengan pengukuran the internal controls relating to ECL measurement for
KKE untuk pinjaman yang diberikan, termasuk antara lain : loans, including, among others:
• Penilaian dan persetujuan informasi variabel • Assessment and approval of macroeconomic variables
makroekonomi yang digunakan dalam model KKE; information used in ECL models;
• Penilaian dan persetujuan penentuan klasifikasi risiko • Assessment and approval of borrower credit risk
kredit debitur; classification determination;
• Pengendalian teknologi informasi ("TI") yang bersifat • Information technology ("IT") automated controls
otomatis atas perpindahan data penting dari sistem- over transfer of critical data from source systems to
sistem sumber ke dalam sistem perhitungan KKE, dan ECL calculation system, and relevant general IT
pengendalian TI umum yang relevan untuk merespon controls that address identified IT risks and are
risiko TI yang teridentifikasi dan diperlukan untuk necessary to support the consistent operations of these
mendukung konsistensi operasi dari pengendalian automated controls;
otomatis tersebut;
• Rekonsiliasi dan analisis atas kelengkapan perhitungan • Reconciliation and analysis on completeness of ECL
KKE terhadap seluruh pinjaman yang diberikan; calculation over all loans;
• Penilaian dan persetujuan hasil KKE; • Assessment and approval of the ECL results;
• Penilaian dan persetujuan KKE dengan metode DCF • Assessment and approval of DCF method ECLfor
untuk pinjaman yang memburuk yang secara individual credit-impaired loans which are considered
dianggap signifikan. individually significant.
Kami melakukan pengujian substantif, yang terutama terdiri We performed substantive testing, which primarily
dari : consisted of
• Mengevaluasi model, asumsi (termasuk variabel • Evaluate models, assumptions (including
makroekonomi) dan input yang digunakan untuk macroeconomic variables) and input used in ECL
menghitung KKE apakah telah memadai, dan calculation as to whether they are appropriate, and
melakukan perhitungan ulang KKE atas sampel yang reperform the ECL calculation on selected samples;
dipilih;
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• Membandingkan variabel makroekonomi dan asumsi • Compare the macroeconomic variables and other
lainnya yang digunakan dengan sumber informasi assumptions used with external and internal
eksternal maupun internal, dan mengidentifikasi apakah information source, and identify contradictory
ada indikator yang berlawanan ; indicators;
• Pengujian atas relevansi dan keandalan (kelengkapan • Test the relevance and reliability (completeness and
dan akurasi berbasis sampel) dari data yang digunakan accuracy on a sample basis) of data used in
dalam perhitungan KKE ke sistem sumber; calculating ECL to the source systems,·
• Pengujian ketepatan pengelompokan pinjaman • Test the appropriateness of loans classification based
berdasarkan peringkat risiko kredit. Kami melakukan on stage of credit risks. We check the accuracy of days
pengecekan akurasi perhitungan jumlah hari tunggakan past due and/or a risk-based selection of loans, we
dan untuk pinjaman yang diberikan dengan sampel reviewed management's assessment by performing
berbasis risiko, kami menelaah penilaian manajemen independent evaluation to determine appropriateness
dengan melakukan evaluasi independen untuk of internal risk rating and ECL staging determination;
menentukan ketepatan penentuan peringkat risiko
internal dan tahap KKE;
• Mengevaluasi kewajaran KKE yang menggunakan • Evaluate the reasonableness of ECL that applies DCF
metode DCF untuk pinjaman yang memburuk yang method/or credit-impaired loans which are
secara individual dianggap signifikan dengan considered individually significant taking into account
mempertimbangkan kemungkinan keterjadian arus kas the feasibility of expected future cash flows
ekspektasian dengan memperhitungkan kondisi considering the recent economic environment and the
lingkungan ekonomi terkini dan prospek kondisi prospect offuture economic conditions, as well as
ekonomi masa depan, serta kemampuan bayar debitur; borrower's repayment ability;
• Melakukan stand-back assessment atas jumlah KKE • Perform stand-back assessment of the ECL amount to
untuk menentukan apakah KKE memadai dengan determine if the ECL was reasonable by considering
mempertimbangkan kualitas pinjaman yang diberikan the overall loans quality, risk profile, impact of loan
secara keseluruhan, profil risiko, restrukturisasi piutang restructurings given to debtors, macroeconomic
yang diberikan kepada peminjam, kondisi condition and other factors;
makroekonomi dan faktor lainnya;
• Melakukan pengujian sensitivitas dari asumsi utama • Perform sensitivity testing of key assumptions used in
yang digunakan dalam perhitungan KKE; the ECL calculation;
• Mengevaluasi kecukupan pengungkapan sesuai dengan • Evaluate the adequacy of disclosures in accordance
standar akuntansi yang berlaku. with the prevailing accounting standards.
2. Cadangan kerugian penurunan ni/ai pembiayaanlpiutang 2. Allowance for impairment losses of sharia
syariah - piutang murabahah financing/receivables - murabahah receivables
Lihat Catatan 2i.3 (Ikhtisar kebijakan akuntansi yang material Refer to Note 2i.3 (Summary of material accounting
- Cadangan kerugian penurunan nilai aset keuangan - Piutang policies - Allowance for impairment losses offinancial
murabahah), Catatan 3 (Estimasi dan pertimbangan akuntansi assets - Murabahah receivables) , Note 3 (Critical
yang pen ting - Sumber utama ketidakpastian estimasi - accounting estimates and judgments - Key sources of
Cadangan kerugian penurunan nilai aset keuangan - Entitas estimation uncertainty- Allowance for impairment losses
Anak), Catatan 11 (Pinjaman yang diberikan dan offinancial assets - Subsidiary), Note 11 (Loans and
pembiayaan/piutang syariah - Pembiayaan/piutang syariah), sharia financing/receivables - Sharia
Catatan 34 (Cadangan kerugian penurunan nilai), Catatan 41 financing/receivables), Note 34 (Provision /or impairment
(Manajemen risiko - Risiko kredit). losses), Note 41 (Risk management - Credit risk).
Pada tanggal 31 Desember 2023, Grup melaporkan cadangan As of 31 December 2023, the Group reported allowance
kerugian penurunan nilai piutang murabahah sebesar for impairment losses of murabahah receivables of
Rp 1.213 .542 juta yang dicatat pad a akun cadangan kerugian Rp 1,21 3,542 million reported under allowance for
penurunan nilai pembiayaan/piutang syariah atas portofolio impairment Iasses of sharia financingl rece ivables account
salah satu entitas anaknya, PT BANK BTPN SY ARIAH Tbk from one of its subsidiaries, PT BA NK BTPN SYARJAH
("Entitas Anak"). Tbk ("the Subsidiary ") 's portfolio.
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Kami mengidentifikasi cadangan kerugian penurunan nilai We identified allowance f or impairment losses of
piutang murabahah sebagai ha! audit utama karena penentuan murabahah receivables as a key audit matter because the
cadangan kerugian penurunan nilai memerlukan pertirnbangan determination of allowance for impairment losses requires
manajernen yang signifikan dan memiliki tingkat significant management judgment and is subject to a high
ketidakpastian estimasi yang tinggi. Lebih lanjut, dalarn degree of estimation uncertainty. In addition, in
menentukan cadangan kerugian penurunan nilai, manajemen determining the allowance for impairment losses, the
menggunakan sejumlah asumsi dan input data internal. management use various assumptions, and relied on
internal data input.
Pengukuran cadangan kerugian penurunan nilai piutang The measurement of allowance for impairment losses of
murabahah melibatkan pertimbangan manajemen Bntitas murabahah receivables involves significant Subsidiary's
Anak yang signifikan, termasuk antara lain: management judgement, including among others:
• Pemilihan model, data dan asumsi; • Selection of models, data and assumptions;
• Pengklasifikasian debitur ke kategori risiko kredit yang • Classification of borrowers into appropriate credit
tepat berdasarkan kelompok hari tunggakan; risk categories based on days past due buckets;
• Penentuan parameter input yang diperlukan berdasarkan • Determination of input parameters, based on
pengalaman historis dan kondisi ekonomi saat ini, historical experience and current economic condition,
termasuk dampak atas COVID-19. including the impact ofCOVJD-19.
Bagaimana audit kami merespons Hal Audit Utama How our audit addressed the Key Audit Mafter
Kami bekerja sarna denganfinancial risk modelling specialist We work with our financial risk modelling specialist, who
kami, yang merupakan bagian yang tidak terpisahkan dari tim are an integral part of our core audit team in pe,forming
audit utama kami, dalam menerapkan beberapa prosedur several audit procedures.
audit.
Kami memeroleh pemahaman mengenai pengendalian utama We obtained an understanding of Subsidiary's
dan pendekatan manajernen Entitas Anak dalam menghitung management 's key controls and approach in the
cadangan kerugian penurunan nilai piutang murabahah dan calculation of allowance for impairment losses of
menilai risiko inheren dari salah saji material dengan murabahah receivables to assess the inherent risk of
mempertimbangkan tingkat ketidakpastian estirnasi dan material misstatement by considering the degree of
tingkat risiko inheren lainnya. Sebagai bagian dari penilaian estimation uncertainty and level of other inherent risks. As
risiko, kami juga mengevaluasi uji retrospektif (anal is is back- part of our risk assessment, we also evaluate retrospective
testing) yang dilakukan manajemen untuk menilai kecukupan review (back-testing analysis) performed by the
cadangan kerugian penurunan nilai. management to assess the sufficiency of allowance for
impairment losses.
Kami mengevaluasi dan menguji desain dan implementasi We evaluated and tested the design and implementation of
pengendalian internal yang berkaitan dengan pengukuran the internal controls relating to allowance for impairment
cadangan kerugian penurunan nilai piutang murabahah, losses of murabahah receivables, including, among others:
termasuk antara lain:
• Penelaahan dan persetujuan model, data dan asumsi • Assessment and approval of model, data and
yang digunakan dalarn perhitungan cadangan; assumptions used in allowance calculation,·
• Pengendalian atas kelengkapan dan akurasi parameter • Controls over completeness and accuracy of the input
input; parameters;
• Penelaahan atas penentuan klasifikasi risiko kredit • Assessment of borrower credit risk categories
debitur; determination ;
• Penelaahan dan persetujuan hasil perhitungan cadangan • Assessment and approval of the calculation of
penurunan nilai. allowance for impairment losses.
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Kami melakukan pengujian substantif yang terutama terdiri We pe1formed substantive testing which primarily
dari: consisted of
• Mengevaluasi apakah model, asumsi dan input yang • Evaluate models, assumptions and input used in
digunakan untuk menghitung cadangan penurunan nilai allowance for impairment losses calculation as to
telah memadai ; whether they are appropriate;
• Mengevaluasi apakah definisi gaga! bayar yang • Evaluate whether the definition of default used in the
digunakan dalam model sudah konsisten dengan model is consistent with accounting policy and
kebijakan akuntansi dan praktik industri; industry practice;
• Mengevaluasi apakah asumsi yang digunakan untuk • Evaluate whether the assumption used in allowance
menghitung cadangan penurunan nilai telah konsisten for impairment losses calculation is consistent with
dengan titik data, seperti peraturan dan pengalaman other data points, such regulatory and historical or
historis atau kini; recent experience;
• Mengevaluasi kewajaran estimasi manajemen atas • Evaluate the reasonableness of management's
management overlay, termasuk dampaknya terhadap estimate of the management overlay, including its
perhitungan cadangan penurunan nilai; impact on allowance for impairment losses
calculation;
• Pengujian atas relevansi dan keandalan (kelengkapan • Testing the relevance and reliability (completeness
dan akurasi) dari data yang digunakan dalam and accuracy) of data used in calculating allowance
perhitungan cadangan kerugian ke sistem sumber; for impairment losses to the source systems,·
• Mengevaluasi kecukupan pengungkapan sesuai dengan • Evaluate the adequacy of disclosures in accordance
standar akuntansi yang berlaku. with the prevailing accounting standards.
3. Pengendalian dan sistem Teknologi Informasi ("Tl'') 3. Information Technology ("IT") systems and controls
Sebagai entitas perbankan, Bank dan salah satu entitas As a banking entity, the Bank and one of its subsidiaries,
anaknya, PT BANK BTPN SY ARIAH Tbk ("Entitas Anak"), PT BANK BTPN SYARIAH Tbk ("the Subsidiary "), utilize
menggunakan beberapa sistem TI yang saling bergantung satu multiple interdependent IT systems in their operational
sama lain dalam kegiatan operasionalnya untuk melakukan activities to process and record a high volume of
pemrosesan dan pencatatan volume transaksi yang tinggi . transactions. Controls over access and changes to IT
Pengendalian atas akses dan perubahan pada sistem TI sangat . systems are critical for accurately recording financial
penting untuk pencatatan informasi keuangan dan penyusunan information and preparing consolidated financial
laporan keuangan konsolidasian secara akurat. statements.
Pengendalian dan sistem TI, karena berkaitan dengan The IT systems and controls, as they pertain to the
pencatatan dan pelaporan transaksi keuangan, merupakan hal recording and reporting offinancial transactions, is a key
audit utama karena pendekatan audit kami dapat berbeda audit matter as our audit approach could significantly
secara signifikan tergantung pada efektivitas operasi dari differ depending on the effective operation of the Bank and
pengendalian Tl Bank dan Entitas Anak. the Subsidiary's IT controls.
Bagaimana audit kami merespons Hal Audit Utama How our audit addressed the Key Audit Matter
Kami bekerja sama dengan tim audit TI kami, yang We work with our IT audit team, who are an integral part
merupakan bagian yang tidak terpisahkan dari tim audit utama of our core audit team, to assess the risks associated with
kami, dalam mengevaluasi risiko terkait lingkungan TI Bank the IT environment of the Bank and the Subsidiary. Our IT
dan Entitas Anak. Tim audit TI kami melakukan pengujian audit team performed tests over the general IT controls for
lingkungan atas pengendalian umum TI untuk aplikasi- IT applications within the scope of our audit. The audit
aplikasi TI yang termasuk dalam cakupan audit kami. procedures performed by our IT audit team included:
Prosedur audit yang dilakukan oleh tim audit TI kami
mencakup:
• Menilai tata kelola dan pengendalian level entitas di • Assessing the governance and entity-level controls
lingkungan TI Bank dan Entitas Anak, termasuk yang across the Bank and the Subsidiary's IT environment,
terkait dengan desain, tinjauan, dan kesadaran atas including those related to IT policy design, review,
kebijakan TI, dan praktik manajemen risiko TI; and awareness, and IT risk management practices;
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• Menguji desain dan efektivitas operasi pengendalian • Testing the design and operating effectiveness of
pada akses ke program dan data, termasuk manajemen controls over access to programs and data, including
kata sandi, manajemen atas akses istimewa, dan password management, privileged access
pengendalian pemantauan atas aktivitas akun istimewa management, and monitoring controls for privileged
untuk semua aplikasi-aplikasi TI yang termasuk dalam accounts' activities for all IT applications within the
cakupan audit kami; scope of our audit;
• Menguji desain dan efektivitas operasi pengendalian • Testing the design and operating effectiveness of
pada manajemen perubahan, termasuk permintaan controls over change management, including change
perubahan dan persetujuan pengujian sebelum request approval and testing approval prior to
penerapan perubahan ke lingkungan produksi . Kami deployment to the production environment. We also
juga menguji pemisahan lingkungan TI dan pemisahan tested the segregation of the IT environments and the
tugas antara pengembang dan pelaksana implementasi segregation of duties between developers and
atas perubahan untuk semua aplikasi TI yang termasuk deployers of changes for all IT applications within the
dalam cakupan audit kami; scope of our audit,·
• Menguji desain dan efektivitas operasi pengendalian • Testing the design and operating effectiveness of
pada operasi komputer, termasuk proses perpindahan controls over computer operations, including batch
data secara berkelompok dan pemantauan proses process and data backup monitoring, for all IT
membuat data cadangan untuk semua aplikasi-aplikasi applications within the scope of our audit,·
TI yang termasuk dalam cakupan audit kami;
• Menguji desain dan efektivitas operasi pengendalian • Testing the design and operating effectiveness of the
pada pengendalian TI yang bersifat otomatis untuk IT automated controls for certain IT applications
aplikasi-aplikasi TI tertentu yang termasuk dalam within the scope of our audit.
cakupan audit kami.
Hal Lain Other Matters
Audit karni dilaksanakan dengan tujuan untuk merumuskan opini Our audit was performed for the purpose offorming an opinion
atas laporan keuangan konsolidasian secara keseluruhan. on the consolidated financial statements taken as a whole. The
Inforrnasi tambahan yang termasuk dalam Lampiran I hingga 4, supplementary information included in Appendix I to 4, which
yang terdiri dari laporan posisi keuangan PT BANK BTPN Tbk comprises the statement offinancial position of
(entitas induk saja) tanggal 31 Desember 202 3, serta laporan Laba PT BA NK BTPN Tbk (parent entity only) as of 31 December
rugi dan penghasilan komprehensif lain, laporan perubahan 2023, and the related statement ofprofit or loss and other
ekuitas, dan laporan arus kas untuk tahun yang berakhir pada comprehensive income, the statement of changes in equity, and
tanggal tersebut, disajikan untuk tujuan analisis tambahan dan the statement of cash flows for the year then ended, is presented
bukan merupakan bagian yang diwajibkan dalam laporan for the purpose of additional analysis and is not a required part
keuangan konsolidasian sesuai dengan Standar Akuntansi of the consolidated financial statements prepared in accordance
Keuangan di Indonesia. lnformasi tersebut telah menjadi objek with Indonesian Financial Accounting Standards. Such
prosedur audit yang diterapkan dalam audit atas laporan information has been subjected to the auditing procedures
keuangan konsolidasian dan, menurut opini kami, disajikan secara applied in the audit of the consolidated financial statements and
wajar, dalam semua hal yang material, sehubungan dengan in our opinion is fairly stated, in all material respects, in
laporan keuangan konsolidasian secara keseluruhan. relation to the consolidatedfinancial statements taken as a
whole.
Jnformasi Lain Oth er Information
Manajemen bertanggungjawab atas informasi lain. Informasi lain Management is responsible for the other information. The other
terdiri dari informasi yang tercantum dalam laporan tahunan 2023, information comprises the information included in 2023 annual
tetapi tidak mencantumkan laporan keuangan konsolidasian dan report, but does not include the consolidated financial
laporan auditor kami. Laporan tahunan 2023 diharapkan akan statements and our auditor 's report thereon. The 2023 annual
tersedia bagi kami setelah tanggal laporan auditor ini. report is expected to be made available to us after the date of
this auditors' report.
Opini kami atas laporan keuangan konsolidasian tidak mencakup Our opinion on the consolidatedfinancial statements does not
informasi lain. dan oleh karena itu, karni tidak menyatakan bentuk cover the other information and we do not express any form of
keyakinan apapun atas informasi lain tersebut. assurance conclusion thereon.
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Sehubungan dengan audit kami atas laporan keuangan In connection with our audit of the consolidated financial konsolidasian, tanggungjawab kami adalah untuk membaca statements, our responsibility is to read the other information informasi lain yang teridentifikasi di atas, jika tersedia dan , dalam identified above when it becomes available and, in doing so, melaksanakannya, mempertimbangkan apakah informasi lain consider whether the other information is materially mengandung ketidakkonsistensian material dengan laporan inconsistent with the consolidated financial statements or our keuangan konsolidasian atau pemahaman yang kami peroleh knowledge obtained in the audit or otherwise appears to be selama audit, atau mengandung kesalahan penyajian material. materially misstated. Ketika kami membaca laporan tahunan 2023, jika kami When we read the 2023 annual report, if we conclude that there menyimpulkan bahwa terdapat suatu kesalahan penyajian material is a material misstatement therein, we are required to di dalamnya, kami diharuskan untuk mengomunikasikan ha! communicate the matter to those charged with governance and tersebut kepada pihak yang bertanggungjawab atas tata kelola dan take appropriate actions based on the applicable laws and melakukan tindakan yang tepat berdasarkan peraturan perundang- regulations. undangan yang berlaku. Tanggung Jawab Manajemen dan Pihakyang Bertanggung Responsibilities of Management and Those Charged with Jawab atas Tata Ketola terhadap Laporan Keuangan Governance for the Consolidated Financial Statements Konsolidasian Manajemen bertanggung jawab atas penyusunan dan penyajian Management is responsible for the preparation and/air wajar laporan keuangan konsolidasian tersebut sesuai dengan presentation of these consolidated financial statements in Standar Akuntansi Keuangan di Indonesia, dan atas pengendalian accordance with Indonesian Financial Accounting Standards, internal yang dianggap perlu oleh manajemen untuk and/or such internal control as management determines is memungkinkan penyusunan laporan keuangan konsolidasian yang necessary to enable the preparation of consolidated financial bebas dari kesalahan penyajian material, baik yang disebabkan oleh statements that are free from material misstatement, whether kecurangan maupun kesalahan. due to fraud or error. Dalam penyusunan laporan keuangan konsolidasian, manajemen In preparing the consolidated financial statements, management bertanggungjawab untuk menilai kemampuan Grup dalam is responsible for assessing the Group's ability to continue as a mempertahankan kelangsungan usahanya, mengungkapkan, sesuai going concern, disclosing, as applicable, matters related to dengan kondisinya, hal-hal yang berkaitan dengan kelangsungan going concern and using the going concern basis of accounting usaha, dan menggunakan basis akuntansi kelangsungan usaha, unless management either intends to liquidate the Group or to kecuali manajemen memiliki intensi untuk melikuidasi Grup atau cease operations, or has no realistic alternative but to do so. menghentikan operasi, atau tidak memiliki alternatif yang realistis selain melaksanakannya. Pihak yang bertanggungjawab atas tata kelola bertanggungjawab Those charged with governance are responsible for overseeing untuk mengawasi proses pelaporan keuangan Grup. the Group 's financial reporting process. Tanggung Jawab Auditor terhadap Audit atas Laporan Auditors' Responsibilities for the Audit of the Consolidated Keuangan Konsolidasian Financial Statements Tujuan kami adalah untuk memeroleh keyakinan memadai tentang Our objectives are to obtain reasonable assurance about apakah laporan keuangan konsolidasian secara keseluruhan bebas whether the consolidated financial statements as a whole are dari kesalahan penyajian material, baik yang disebabkan oleh free from material misstatement, whether due to fraud or error, kecurangan maupun kesalahan, dan untuk menerbitkan laporan and to issue an auditors ' report that includes our opinion. auditor yang mencakup opini kami. Keyakinan memadai Reasonable assurance is a high level of assurance, but is not a merupakan suatu tingkat keyakinan tinggi, namun bukan guarantee that an audit conducted in accordance with the merupakan suatu jaminan bahwa audit yang dilaksanakan Standards on Auditing will always detect a material berdasarkan Standar Audit akan selalu mendeteksi kesalahan misstatement when it exists. Misstatements can arisefromfraud penyajian material ketika ha! tersebut ada. Kesalahan penyajian or error and are considered material if, individually or in the dapat disebabkan oleh kecurangan maupun kesalahan dan dianggap aggregate, they could reasonably be expected to influence the material jika, baik secara individual maupun secara agregat, dapat economic decisions of users taken on the basis of these diekspektasikan secara wajar akan memengaruhi keputusan consolidated financial statements. ekonomi yang diambil oleh pengguna berdasarkan laporan keuangan konsolidasian tersebut.
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Sebagai bagian dari suatu audit berdasarkan Standar Audit, kami As part of an audit in accordance with the Standards on
menerapkan pertimbangan profesional dan mempertahankan Auditing, we exercise professional judgment and maintain
skeptisisme profesional selama audit. Kami juga: professional skepticism throughout the audit. We also:
• Mengidentifikasi dan menilai risiko kesalahan penyajian • Identify and assess the risks of material misstatement of
material dalam laporan keuangan konsolidasian, baik yang the consolidatedfinancial statements, whether due to
disebabkan oleh kecurangan maupun kesalahan, mendesain fraud or error, design and perform audit procedures
dan melaksanakan prosedur audit yang responsif terhadap responsive to those risks, and obtain audit evidence that is
risiko tersebut, serta memeroleh bukti audit yang cukup dan sufficient and appropriate to provide a basis for our
tepat untuk menyediakan basis bagi opini kami. Risiko tidak opinion. The risk of not detecting a material misstatement
terdeteksinya kesalahan penyajian material yang disebabkan resulting from fraud is higher than for one resulting from
oleh kecurangan lebih tinggi dari yang disebabkan oleh error, as fraud may involve collusion, forgery, intentional
kesalahan, karena kecurangan dapat melibatkan kolusi, omissions, misrepresentations, or the override of internal
pemalsuan, penghilangan secara sengaja, pernyataan salah, control.
atau pengabaian pengendalian internal.
• Memeroleh suatu pemahaman tentang pengendalian internal • Obtain an understanding of internal control relevant to the
yang relevan dengan audit untuk mendesain prosedur audit audit in order to design audit procedures that are
yang tepat sesuai dengan kondisinya, tetapi bukan untuk appropriate in the circumstances, but not/or the purpose
tujuan menyatakan opini atas keefektivitasan pengendalian of expressing an opinion on the effectiveness of the
internal Grup. Group's internal control.
• Mengevaluasi ketepatan kebijakan akuntansi yang digunakan • Evaluate the appropriateness of accounting policies used
serta kewajaran estimasi akuntansi dan pengungkapan terkait and the reasonableness of accounting estimates and
yang dibuat oleh manajemen. related disclosures made by management.
• Menyimpulkan ketepatan penggunaan basis akuntansi • Conclude on the appropriateness of management 's use of
kelangsungan usaha oleh manajemen dan, berdasarkan bukti the going concern basis of accounting and, based on the
audit yang diperoleh, apakah terdapat suatu ketidakpastian audit evidence obtained, whether a material uncertainty
material yang terkait dengan peristiwa atau kondisi yang exists related to events or conditions that may cast
dapat menyebabkan keraguan signifikan atas kemampuan significant doubt on the Group's ability to continue as a
Grup untuk mempertahankan kelangsungan usahanya. Ketika going concern. ff we conclude that a material uncertainty
kami menyimpulkan bahwa terdapat suatu ketidakpastian exists, we are required to draw attention in our auditors '
material, kami diharuskan untuk menarik perhatian dalam report to the related disclosures in the consolidated
laporan auditor kami ke pengungkapan terkait dalam laporan financial statements or, if such disclosures are inadequate,
keuangan konsolidasian atau, jika pengungkapan tersebut to modify our opinion. Our conclusions are based on the
tidak memadai, harus menentukan apakah perlu untuk audit evidence obtained up to the date of our auditors'
memodifikasi opini kami. Kesimpulan kami didasarkan pada report. However, future events or conditions may cause
bukti audit yang diperoleh hingga tanggal laporan auditor the Group to cease to continue as a going concern.
kami. Namun, peristiwa atau kondisi masa depan dapat
menyebabkan Grup tidak dapat mempertahankan
kelangsungan usaha.
• Mengevaluasi penyaj ian, struktur, dan isi laporan keuangan • Evaluate the overall presentation, structure and content of
konsolidasian secara keseluruhan, termasuk the consolidatedfinancial statements, including the
pengungkapannya, dan apakah laporan keuangan disclosures, and whether the consolidated financial
konsolidasian mencerminkan transaksi dan peristiwa yang statements represent the underlying transactions and
mendasarinya dengan suatu cara yang mencapai penyajian events in a manner that achieves fair presentation.
wajar.
• Memeroleh bukti audit yang cukup dan tepat terkait informasi • Obtain sufficient appropriate audit evidence regarding the
keuangan entitas atau aktivitas bisnis dalam Grup untuk financial information of the entities or business activities
menyatakan opini atas laporan keuangan konsolidasian. Kami within the Group to express an opinion on the
bertanggungjawab atas arahan, supervisi, dan pelaksanaan consolidated financial statements. We are responsible for
audit grup. Kami tetap bertanggung jawab sepenuhnya atas the direction, supervision and performance of the group
opini audit kami. audit. We remain solely responsible for our audit opinion.
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Kami mengomunikasikan kepada pihak yang bertanggungjawab We communicate with those charged with governance
atas tata kelola mengenai, antara lain, ruang lingkup dan saat yang regarding, among other matters, the planned scope and timing
direncanakan atas audit, serta temuan audit signifikan, termasuk of the audit and significant audit findings , including any
setiap defisiensi signifikan dalam pengendalian internal yang significant deficiencies in internal control that we identify
teridentifikasi oleh kami selama audit. during our audit.
Kami juga memberikan suatu pernyataan kepada pihak yang We also provide those charged with governance with a
bertanggung jawab atas tata kelola bahwa kami telah mematuhi statement that we have complied with relevant ethical
ketentuan etika yang relevan mengenai independensi, dan requirements regarding independence, and communicate with
mengomunikasikan seluruh hubungan, serta hal-hal lain yang them all relationships and other matters that may reasonably be
dianggap secara wajar berpengaruh terhadap independensi kami, thought to bear on our independence, and where applicable,
dan, jika relevan, pengamanan terkait. related safeguards.
Dari hal-hal yang dikomunikasikan kepada pihak yang From the matters communicated with those charged with
bertanggung jawab atas tata kelola, kami menentukan hal-hal governance, we determine those matters that were of most
tersebut yang paling signifikan dalam audit atas laporan keuangan significance in the audit of the consolidated financial
konsolidasian periode kini dan oleh karenanya menjadi ha! audit statements of the current period and are therefore the key audit
utama. Kami menguraikan ha! audit utama dalam laporan auditor matters. We describe these matters in our auditors ' report
kami, kecuali peraturan perundang-undangan melarang unless law or regulation precludes public disclosure about the
pengungkapan publik tentang ha! tersebut atau ketika, dalam matter or when, in extremely rare circumstances, we determine
kondisi yang sangatjarang terjadi, kami menentukan bahwa suatu that a matter should not be communicated in our report
hal tidak boleh dikomunikasikan dalam laporan kami karena because the adverse consequences of doing so would
konsekuensi merugikan dari mengomunikasikan ha! tersebut akan reasonably be expected to outweigh the public interest benefits
diekspektasikan secara wajar melebihi manfaat kepentingan publik of such communication.
atas komunikasi tersebut.
Kantor Akuntan Publik/Registered Public Accountants
Siddharta Widjaja & Rekan
Novie, S.E ., CPA
Izin Akuntan Publik/Public Accountant License No. AP . 1212
22 Februari 2024 22 February 2024
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I. General Provision
1. In this Financial Services Authority Circular Letter what is meant by: √
a. The Annual Report is a report on the Board of Directors and Board of Commissioners accountability in managing and √
supervising issuers or public companies within a period of 1 (one) fiscal year to the general meeting of shareholders
prepared based on the provisions of the Financial Services Authority Regulation concerning the Annual Report of
issuers or public companies
b. Issuers are parties who make public offerings √
c. A Public Company is a company whose shares are owned by at least 300 (three hundred) shareholders and has a √
paid-up capital of at least Rp3,000,000,000.00 (three billion rupiah) or a number of shareholders and paid-up capital
as determined by the Financial Services Authority
d. A Public Company is an Issuer that has made a public offering of equity securities or a Publically- listed Company √
e. A Sustainability Report is a report published to the public that contains the economic, financial, social, and √
environmental performance of a financial service institution, Issuer, and Public Company in running a sustainable
business
f Board of Directors: √
1) For an Issuer or a Public Company in the form of a limited liability company, it is the Board of Directors as √
referred to in the Financial Services Authority Regulation concerning the Board of Directors and Board of
Commissioners of an Issuer or Public Company; and
2) For an Issuer or a Public Company in the form of a legal entity other than a limited liability company, it is the body √
that carries out the management of the legal entity as referred to in the laws and regulations concerning the legal
entity.
g. Board of Commissioners: √
1) For an Issuer or a Public Company in the form of a limited liability company, the Board of Commissioners √
as referred to in the Financial Services Authority Regulation concerning the Board of Directors and Board of
Commissioners of an Issuer or Public Company; and
2) For the Issuer or Public Company in the form of a legal entity other than a limited liability company, it is the body √
that supervises the legal entity as referred to in the laws and regulations concerning the legal entity.
h. General Meeting of Shareholders hereinafter abbreviated as GMS: √
1) For an Issuer or a Public Company in the form of a limited liability company, it is the GMS as referred to in the √
Financial Services Authority Regulation concerning the Planning and Organizing of the General Meeting of
Shareholders of a Public Company; and
2) For an Issuer or Public Company in the form of a legal entity other than a limited liability company, it is the body √
that has authority that is not given to any other body that carries out management and supervisory functions,
within the limits specified in the legislation and/or articles of association governing the legal entity.
2. The Annual Report of Issuers or Public Companies is an important source of information for investors or shareholders √
as one of the basic considerations in making investment decisions and a means of supervision of Issuers or Public
Companies.
3. Along with the development of the capital market and the increasing need for information disclosure by investors or √
shareholders, the Board of Directors and the Board of Commissioners are required to present quality, accurate, and
accountable information through the Annual Reports of Issuers or Public Companies.
4. Annual Reports that are prepared regularly and informatively can provide convenience for investors or shareholders and √
stakeholders in obtaining the required information.
5 This Financial Services Authority Circular is a guideline for Issuers or Public Companies that must be applied in preparing √
Annual Reports and Sustainability Reports.
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II. Format of Annual Report
1. Annual Report should be presented in the printed format and in electronic document copy.. √
2. The printed version of the Annual Report should be printed on light-colored paper of fine quality, in A4 size, bound and can √
be reproduced in good quality.
3. The Annual Report may present information in the form of pictures, graphs, tables, and/or diagrams by including clear titles √
and/or descriptions, so that they are easy to read and understand.
4. The Annual Report presented in electronic document format is the Annual Report converted into pdf format. √
III. Content Of Annual Report
1. Annual Report should contain at least the following information:
a. Summary of key financial information; √
b. Stock information (if any); √
c. The Board of Directors report; √
d. The Board of Commissioners report; √
e. Profile of Issuer or Public Company; √
f. Management discussion and analysis; √
g. Corporate governance applied by the Issuer or Public Company; √
h. Corporate social and environmental responsibility of the Issuer or Public Company; √
i. Audited annual report; and √
j. Statement that the Board of Directors and the Board of Commissioners are fully responsible for the Annual Report; √
2. Description of Content of Annual Report
a. Summary of Key Financial Information
Summary of Key Financial Information contains financial information presented in comparison with previous 3 (three)
fiscal years or since commencement of business if the Issuers or the Public Company commencing the business less
than 3 (three) years, at least contain:
1) income/sales; 12
2) gross profit; 12
3) profit (loss); 12
4) total profit (loss) attributable to equity holders of the parent entity and non-controlling interest; 12
5) total comprehensive profit (loss); 12
6) total comprehensive profit (loss) attributable to equity holders of the parent entity and non controlling interest; 12
7) earning (loss) per share; 12
8) total assets; 12
9) total liabilities; 12
10) total equities; 12
11) profit (loss) to total assets ratio; 13
12) profit (loss) to equities ratio; 13
13) profit (loss) to income ratio; 13
14) current ratio; 13
15) liabilities to equities ratio; 13
16) liabilities to total assets ratio; and 13
17) other information and financial ratios relevant to the Issuer or Public Company and type of industry; 13
b. Stock Information
Stock Information (if any) at least contains:
1) shares issued for each three-month period in the last 2 (two) fiscal years (if any), at least covering:
a) number of outstanding shares;
b) market capitalization based on the price at the Stock Exchange where the shares listed on; 16
c) highest share price, lowest share price, closing share price at the Stock Exchange where the shares listed 16
on; and
d) share volume at the Stock Exchange where the shares listed on; 16
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Information in point a) should be disclosed by the Issuer, the public company whose shares is listed or not listed -
in the Stock Exchange;
Information in point b), point c), and point d) only be disclosed if the Issuer is a public company whose shares is
listed in the Stock Exchange;
2) in the event of corporate actions, including stock split, reverse stock, dividend, bonus share, and change in par 17
value of shares, then the share price referred to in point 1), should be added with explanation on:
a) date of corporate action; -
b) stock split ratio, reverse stock, dividend, bonus shares, and change in par value of shares; -
c) number of outstanding shares prior to and after corporate action; and -
d) The number of convertible securities exercised (if any); and -
e) share price prior to and after corporate action; -
3) in the event that the company’s shares were suspended and/or delisted from trading during the year under -
review, then the Issuers or Public Company should provide explanation on the reason for the suspension and/or
delisting; and
4) in the event that the suspension and/or delisting as referred to in point 3) was still in effect until the date of the -
Annual Report, then the Issuer or the Public Company should also explain the corporate actions taken by the
company in resolving the suspension and/or delisting;
c. The Board of Directors Report
The Board of Directors Report should at least contain the following items:
1) the performance of the Issuer or Public Company, at least covering:
a) strategy and strategic policies of the Issuer or Public Company; 42-43
b) Role of the Board of Directors in formulating strategies and strategic policies of Issuers or Public Companies; 43
c) Process carried out by the Board of Directors to ensure the implementation of the Issuer’s or Public 43
Company’s strategy;
d) comparison between achievement of results and targets; and 43-44
e) challenges faced by the Issuer or Public Company; 42
2) description on business prospects; 44-45
3) implementation of good corporate governance by Issuer or Public Company; and 45
4) changes in the composition of the Board of Directors and the reason behind (if any); 48
d. The Board of Commissioners Report
The Board of Commissioners Report should at least contain the following items:
1) Assessment on the performance of the Board of Directors in managing the Issuer or the Public Company; 34
2) Supervision on the implementation of the strategy of the Issuer or Public Company; 35
3) View on the business prospects of the Issuer or Public Company as established by the Board of Directors; 35
4) View on the implementation of the corporate governance by the Issuer or Public Company; 36
5) Changes in the composition of the Board of Commissioners and the reason behind (if any); and 37
e. Profile of the Issuer or Public Company
Profile of the Issuer or Public Company should cover at least:
1) Name of Issuer or Public Company, including change of name, reason of change, and the effective date of the 60
change of name during the year under review;
2) access to Issuer or Public Company, including branch office or representative office, where public can have
access of information of the Issuer or Public Company, which include:
a) Address; 60
b) Telephone number; 60
c) Facsimile number; 60
d) E-mail address; and 60
e) Website address; 60
3) Brief history of the Issuer or Public Company; 61
4) Vision and mission of the Issuer or Public Company; 68
5) Line of business according to the latest Articles of Association, and types of products and/or services produced 64
6) Operational area of the Issuer or Public Company 96-98
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7) Structure of organization of the Issuer or Public Company in chart form, at least 1 (one) level below the Board of 66
Directors, with the names and titles;
8) List of industry association memberships both on a national and international scale related to the implementation 99
of sustainable finance;
9) The Board of Directors profiles include: 76-83
a) Name and short description of duties and functions; 76-83
b) Latest photograph; 76-83
c) Age; 76-83
d) Citizenship; 76-83
e) Education; 76-83
f) history position, covering information on: 76-83
(1) Legal basis for appointment as member of the Board of Directors to the said Issuer or Public Company; 76-83
(2) Dual position, as member of the Board of Directors, member of the Board of Commissioners, and/or 76-83
member of committee, and other position (if any); and
(3) Working experience and period in and outside the Issuer or Public Company; 76-83
g) Affiliation with other members of the Board of Directors, members of the Board of Commissioners, majority 76-83, 297
and controlling shareholders, either directly or indirectly to individual owners, including names of affiliated
parties. In the event that a member of the Board of Directors has no affiliation, the Issuer or Public Company
shall disclose this matter; and
h) Changes in the composition of the members of the Board of Directors and the reasons for the changes. In 48
the event that there is no change in the composition of the members of the Board of Directors, this matter
shall be disclosed;
10) The Board of Commissioners profiles, at least include: 70-75
a) Name; 70-75
b) Latest photograph; 70-75
c) Age; 70-75
d) Citizenship; 70-75
e) Education; 70-75
f) History position, covering information on: 70-75
(1) Legal basis for the appointment as member of the Board of Commissioners who is not Independent 70-75
Commissioner at the said Issuer or Public Company;
(2) Legal bases for the first appointment as member of the Board of Commissioners who also Independent 70-75
Commissioner at the said Issuer or Public Company;
(3) Dual position; as member of the Board of Commissioners, member of the Board of Directors, and/or 70-75
member of committee and other position (if any); and
(4) Working experience and period in and outside the Issuer or Public Company; 70-75
g) Affiliation with other members of the Board of Commissioners, major shareholders, and controllers either 70-75, 296
directly or indirectly to individual owners, including names of affiliated parties; In the event that a member of
the Board of Commissioners has no affiliation, the Issuer or Public Company shall disclose this matter;
h) Statement of independence of Independent Commissioner in the event that the Independent Commissioner 275
has been appointed more than 2 (two) periods (if any);
i) Changes in the composition of the members of the Board of Commissioners and the reasons for 37
the changes. In the event that there is no change in the composition of the members of the Board of
Commissioners, this matter shall be disclosed;
11) In the event that there were changes in the composition of the Board of Commissioners and/or the Board of 37, 48
Directors occurring between the period after year-end until the date the Annual Report submitted, then the last
and the previous composition of the Board of Commissioners and/or the Board of Directors shall be stated in the
Annual Report;
12) Number of employees by gender, position, age, education level, and employment status (permanent/contracted) 88-89
in the fiscal year; Disclosure of information can be presented in tabular form.
13) Names of shareholders and ownership percentage at the end of the fiscal year, including: 94
a) Shareholders having 5% (five percent) or more shares of Issuer or Public Company; 92
b) Commissioners and Directors who own shares of the Issuers or Public Company; and
c) Groups of public shareholders, or groups of shareholders, each with less than 5% (five percent) ownership 92
shares of the Issuers or Public Company;
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14) The percentage of indirect ownership of the shares of the Issuer or Public Company by members of the Board 94
of Directors and members of the Board of Commissioners at the beginning and end of the fiscal year, including
information on shareholders registered in the shareholder register for the benefit of indirect ownership of
members of the Board of Directors and members of the Board of Commissioners;
15) Number of shareholders and ownership percentage at the end of the fiscal year, based on:
a) Ownership of local institutions; 93
b) Ownership of foreign institutions; 93
c) Ownership of local individual; and 93
d) Ownership of foreign individual; 93
16) Information on major shareholders and controlling shareholders the Issuers of Public Company, directly or 90-92
indirectly, and also individual shareholder, presented in the form of scheme or diagram;
17) Name of subsidiaries, associated companies, joint venture controlled by Issuers or Public Company, with entity, 95
percentage of stock ownership, line of business, total assets and operating status of the Issuers of Public
Company (if any);
For subsidiaries, include the addresses of the said subsidiaries;
18) Chronology of share listing, number of shares, par value, and bid price from the beginning of listing up to the end 99
of the financial year, and name of Stock Exchange where the Issuers of Public Company shares are listed;
19) Other securities listing information other than the securities as referred to in number 18), which have not yet 100
matured in the fiscal year, at least contain the name of the securities, year of issue, interest rate/yield, maturity
date, offering value, and securities rating (if any);
20) Information on the use of a Public Accountant (AP) and a Public Accounting firm (KAP) services and their 100
networks/associations/alliances include:
a) name and address; 100
b) period of assignment; 100
c) informasi jasa audit dan/atau non audit yang diberikan; 100
d) Audit and/or non-audit fees for each assignment given during the fiscal year; and 100
e) In the event that AP and KAP and their network/association/alliance, which are appointed do not provide 100
non-audit services, then the information is disclosed; and
21) Name and address of capital market supporting institutions and/or professionals other than AP and KAP 100-101
f. Management Discussion and Analysis 105
Management Analysis and Discussion Annual should contain discussion and analysis on financial statements and
other material information emphasizing material changes that occurred during the year under review, at least including:
1) Operational review per business segment, according to the type of industry of the Issuer or Public Company 108-125
including:
a) Production, including process, capacity, and growth; 108-125
b) Income/sales; and 108-125
c) Profitability; 126-127
2) comprehensive financial performance analysis which includes a comparison between the financial performance 128
of the last 2 (two) fiscal years, and explanation on the causes and effects of such changes, among others
concerning:
a) Current assets, non-current assets, and total assets; 128-131
b) Short term liabilities, long term liabilities, total liabilities; 131-132
c) Equities; 132
d) Sales/operating revenues, expenses and profit (loss), other comprehensive revenues, and total 133
comprehensive profit (loss); and
e) Cash flows 134
3) The capacity to pay debts by including the computation of relevant ratios; 134
4) Accounts receivable collectability of the Issuer or Public Company, including the computation of the relevant 135
ratios;
5) Capital structure and management policies concerning capital structure, including the basis for determining the 135-136
said policy;
6) discussion on material ties for the investment of capital goods, including the explanation on at least: 136
a) The purpose of such ties; -
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b) Source of funds expected to fulfill the said ties; -
c) Currency of denomination; and -
d) Steps taken by the Issuer of Public Company to protect the position of a related foreign currency against -
risks;
7) Discussion on investment of capital goods which was realized in the last fiscal year, at least include: 137
a) Type of investment of capital goods; 137
b) Objective of the investment of capital goods; and 137
c) Value of the investment of capital goods; 137
8) Material Information and facts that occurring after the date of the accountant’s report (if any); 137
9) Information on the prospects of the Issuer or the Company in connection with industry,economy in general, 138
accompanied with supporting quantitative data if there is a reliable data source;
10) Comparison between target/projection at beginning of year and result (realization), concerning: 137
a) Income/sales; 137-138
b) Profit (loss); 137-138
c) Capital structure; or 137-138
d) Dividend policy; or 137-138
e) Others that deemed necessary for the Issuer or Public Company; 137-138
11) Target/projection at most for the next one year of the Issuer or Public Company, concerning: 138
a) Income/sales; 138
b) Profit (loss); 138
c) Capital structure; or 138
d) Dividend policy; 138
e) Or others that deemed necessary for the Issuer or Public Company; 138
12) Marketing aspects of the company’s products and/or services the Issuer or Public Company, among others 144-145
marketing strategy and market share;
13) Description regarding the dividend policy during the last 2 (two) fiscal years, at least: 139
a) Dividend policy; 139
b) The date of the payment of cash dividend and/or date of distribution of non-cash dividend; 139
c) Amount of cash per share (cash and/or non cash); and 139
d) Amount of dividend per year paid; 139
Disclosure of information can be presented in tabular form. In the event that the Issuer or Public Company does 139
not distribute dividends in the last 2 (two) years, this matter shall be disclosed.
14) Use of proceeds from Public Offerings, under the condition of: 139-140
a) during the year under review, on which the Issuer has the obligation to report the realization of the use of -
proceeds, then the realization of the cumulative use of proceeds until the year end should be disclosed; and
b) In the event that there were changes in the use of proceeds as stipulated in the Regulation of the Financial -
Services Authority on the Report of the Utilization of Proceeds from Public Offering, then Issuer should
explain the said changes;
15) Material information (if any), among others concerning investment, expansion, divestment, acquisition, debt/ 140
capital restructuring, transactions with related parties and transactions with conflict of interest that occurred
during the year under review, among others include:
a) Transaction date, value, and object; 140-141
b) Name of transacting parties; 140-141
c) Nature of related parties (if any); 140-141
d) Description of the fairness of the transaction; and 140-141
e) Compliance with related rules and regulations; 140-141
f) In the event that there is an affiliation relationship, apart from disclosing the information as referred to in
letter a) to letter e), the Issuer or Public Company also discloses information:
1) A statement from the Board of Directors that the affiliate transaction has gone through adequate 141
procedures to ensure that the affiliate transaction is carried out in accordance with generally accepted
business practices, by complying with the arms-length principle; and
2) The role of the Board of Commissioners and the audit committee in carrying out adequate procedures 142
to ensure that affiliated transactions are carried out in accordance with generally accepted business
practices, by complying with the arms-length principle;
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g) For affiliated transactions or material transactions which are business activities carried out to generate 142
business income and are carried out regularly, repeatedly, and/or continuously, an explanation is added that
the affiliated transactions or material transactions are business activities carried out to generate operating
income. and run regularly, repeatedly, and/or continuously;
h) For disclosure of affiliated transactions and/or conflict of interest transactions resulting from the -
implementation of affiliated transactions and/or conflict of interest transactions that have been approved
by independent shareholders, additional information regarding the date of the GMS which approved the
affiliated transactions and/or conflict of interest transactions is added;
i) In the event that there is no affiliated transaction and/or conflict of interest transaction, then this shall be -
disclosed;
16) Changes in regulation which have a significant effect on the Issuer or Public Company and impacts on the 142-143
company (if any); and
17) Changes in the accounting policy, rationale and impact on the financial statement (if any); 143
g. Corporate Governance of the Issuer or Public Company 261
Corporate Governance of the Issuer or Public Company contains at least:
1) GMS, at least contains:
a) Information regarding the resolutions of the GMS in the fiscal year and 1 (one) year prior to the fiscal year
include:
1) Resolutions of the GMS in the fiscal year and 1 (one) year before the fiscal year realized in the fiscal 263-273
year; and
2) Resolutions of the GMS in the fiscal year and 1 (one) year before the fiscal year that have not been -
realized and the reasons for not realizing them;
b) In the event that the Issuer or Public Company uses an independent party in the conduct of the GMS to 262
calculate the votes, then this matter shall be disclosed;
2) The Board of Directors, covering: 282
a) The tasks and responsibilities of each member of the Board of Directors; 284-286
b) Statement that the Board of Directors has already have board manual or charter; 282
c) Policies and implementation of the frequency of meetings of the Board of Directors, meetings of the Board 292-293, 295
of Directors with the Board of Commissioners, and the level of attendance of members of the Board of
Directors in the meeting including attendance at the GMS;
d) Training and/or competency development of members of the Board of Directors:
(1) Policies for training and/or improving the competence of members of the Board of Directors, including 287-289,
an orientation program for newly appointed members of the Board of Directors (if any); and 283-284
(2) Training and/or competency improvement attended by members of the Board of Directors in the fiscal 287-289
year (if any);
e) The Board of Directors’ assessment of the performance of the committees that support the implementation 289
of the Board of Directors’ duties for the fiscal year shall at least contain:
(1) Performance appraisal procedures; and 289
(2) The criteria used are performance achievements during the fiscal year, are competence and attendance 289
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 matter shall be disclosed.
3) The Board of Commissioners, among others include: 275
a) Duties and responsibilities of the Board of Commissioners; 277
b) Statement that the Board of Commissioner has already have the board manual or charter; 276, 278-279
c) Policies and implementation of the frequency of meetings of the Board of Commissioners, meetings of the 290-291, 295
Board of Commissioners with the Board of Directors and the level of attendance of members of the Board of
Commissioners in these meetings including attendance at the GMS;
d) Training and/or competency improvement of members of the Board of Commissioners:
(1) Policy on competency training and/or development of members of the Board of Commissioners, 281, 276
including orientation programs for newly appointed members of the Board of Commissioners (if any);
and
(2) Competency training and/or development attended by members of the Board of Commissioners in the 281
fiscal year (if any);
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e) The assessment on the performance of the Board of Directors and Board of Commissioners and the 300
implementation, at least covering:
(1) procedure for the implementation of performance assessment; 300
(2) Criteria used are performance achievements during the fiscal year, competency and attendance at 300
meetings; and
(3) Assessor;
f) Board of Commissioners’ assessment of the performance of the Committees that support the 279
implementation of the duties of the Board of Commissioners in the fiscal year includes:
(1) Performance appraisal procedures; and 279
(2) The criteria used are performance achievements during the fiscal year, competency and attendance at 279
meetings;
4) The nomination and remuneration of the Board of Directors and the Board of Commissioners shall at least 298
contain:
a) Nomination procedure, including a brief description of the policies and process for nomination of members 299
of the Board of Directors and/or members of the Board of Commissioners; and
b) Procedures and implementation of remuneration for the Board of Directors and the Board of Commissioners, 301
among others:
(1) Procedures for determining remuneration for the Board of Directors and the Board of Commissioners; 301-303
(2) The remuneration structure of the Board of Directors and the Board of Commissioners such as salary, 301-303
allowances, tantiem/bonus and others; and
(3) The amount of remuneration for each member of the Board of Directors and member of the Board of 301-303
Commissioners
5) Sharia Supervisory Board, for Issuer or Public Company that conduct business based on sharia law, as stipulated -
in the articles of association, at least containing:
a) name; -
b) Legal basis for the appointment of the sharia supervisory board; -
c) Period of assignment of the sharia supervisory board; -
d) duty and responsibility of Sharia Supervisory Board; and -
e) frequency and procedure in providing advice and suggestion, as well as the compliance of Sharia Principles -
by the Issuer or Public Company in the Capital Market;
6) Audit Committee, among others covering: 304
a) Name and position in the committee; 305-307
b) Age; 305-307
c) Citizenship; 305-307
d) Education background; 305-307
e) History of position; including: 305-307
(1) Legal basis for appointment as committee member; 305-307
(2) Dual position, as member of Board of Commissioners, member of Board of Directors, and/or member of 305-307
committee, and other position (if any); and
(3) working experience and period in and outside the Issuer or Public Company; 305-307
f) Period and terms of office of the member of Audit Committee; 305
g) statement of independence of the Audit Committee; 305
h) Training and/or competency improvement that have been followed in the fiscal year (if any); 309-340
i) Policies and implementation of the frequency of audit committee meetings and the level of attendance of 307-308
audit committee members in those meetings; and
j) the activities of the Audit Committee in the year under review, in accordance with the Audit Committee 308-309
Charter;
7) The nomination and remuneration committee or function of the Issuer or Public Company, at least containing: 310
a) Name and position in committee membership; 311-312
b) Age; 311-312
c) Nationality; 311-312
d) Educational history; 311-312
e) Position history, including information on: 311-312
(1) Legal basis for appointment as committee member; 311-312
626 2023 ANNUAL REPORT PT BANK BTPN Tbk
Page 629
Description Page
(2) Concurrent positions, either as a member of the Board of Commissioners, member of the Board of 311-312
Directors, and/or committee member and other positions (if any); and
(3) Work experience and period of time both inside and outside the Issuer or Public Company; 311-312
f) Period and term of office of the committee members; 311
g) Statement of committee independence; 311
h) Training and/or competency improvement that have been followed in the fiscal year (if any); 313
i) Description of duties and responsibilities; 310-311
j) A statement that it has a guideline or charter; -
k) Policies and implementation of the frequency of meetings and the level of attendance of members at the 312-313
meeting;
l) Brief description of the implementation of activities in the fiscal year; and 313
m) In the event that no nomination and remuneration committee is formed, the Issuer or Public Company is -
sufficient to disclose the information as referred to in letter i) to letter l) and disclose:
(1) Reasons for not forming the committee; and -
(2) The party carrying out the nomination and remuneration function; -
8) Other committees owned by Issuers or Public Companies in order to support the functions and tasks of 314
the Board of Directors (if any) and / or committees that support the functions and duties of the Board of
Commissioners, the least contains:
a) Name and position in the Committee; 315-316
b) Age; 315-316
c) Citizenship; 315-316
d) Education background; 315-316
e) History of position, including: 315-316
(1) Legal basis for the appointment as member of the committee; 315-316
(2) Dual position, as member of Board of Commissioners, member of Board of Directors, and/or member of 315-316
committee, and other position (if any); and
(3) Working experience and period in and outside the Issuer or Public Company; 315-316
f) Period and terms of office of the member of Audit Committee; 315
g) Statement of committee independence; 314
h) Training and/or competency improvement that have been followed in the fiscal year (if any); and 318
i) Description of duties and responsibilities; 314
j) A statement that the committee has had guidelines or charters; 314
k) Policies and implementation of the frequency of committee meetings and the level of attendance of 317
committee members at the meeting; and
l) A brief description of the committee’s activities for the fiscal year; 317
9) Corporate Secretary, including: 338
a) name; 338
b) domicile; 338
c) history of position, including: 338
(1) legal basis for the appointment as Corporate Secretary; and 338
(2) working experience and period in and outside the Issuer or Public Company; 338
d) education background; 338
e) education and/or training during the year under review; and 342-343
f) brief description on the implementation of duties of the Corporate Secretary in the year under review; 339
10) Internal Audit Unit, among others including: 355
a) Name of Head of Internal Audit Unit; 355
b) History of position, including: 355
(1) Legal basis for the appointment as Head of Internal Audit Unit; and 355
(2) Working experience and period in and outside the Issuer or Public Company; 355
2023 ANNUAL REPORT PT BANK BTPN Tbk 627
Page 630
SEOJK
REFERENCE
Description Page
c) Qualification or certification as internal auditor (if any); 358
d) Education and/or training during the year under review; 360
e) Structure and position of Internal Audit Unit; 356
f) Description of duties and responsibilities; 356-357
g) Statement that the Internal Audit Unit has already have Internal Audit Unit charter; and 357
h) Brief description on the implementation of duty of Internal Audit Unit during the year under review; 358-359
11) Description on internal control system adopted by the Issuer or Public Company, at least covering: 361
a) Financial and operational control, and compliance to the other prevailing rules; and 361-363
b) Review on the effectiveness of internal control systems; 363
c) Statement of the Board of Directors and/or Board of Commissioners on the adequacy of the internal control 363
system;
12) Risk management system implemented by the company, at least includes: 147
a) General description about the company’s risk management system the Issuer or Public Company; 148-151
b) Types of risk and the management; and 154-229
c) Review the effectiveness of the risk management system applied by the Issuer or Public Company; 152
d) Statement of the Board of Directors and/or the Board of Commissioners or the audit committee on the 152
adequacy of the risk management system;
13) Legal cases that have a material impact faced by Issuers or Public Companies, subsidiaries, members of the 364
Board of Directors and members of the Board of Commissioners (if any), at least contain:
a) Substance of the case/claim; -
b) Status of settlement of case/claim; and -
c) Potential impacts on the condition of the Issuer or Public Company; -
14) information about administrative sanctions imposed to Issuer or Public Company, members of the Board of 364
Commissioners and the Board of Directors, by the Capital Market Authority and other authorities during the last
fiscal year (if any);
15) information about codes of conduct of the Issuer or Public Company, includes: 366
a) Key points of the code of conduct; 366
b) Socialization of the code of conduct and enforcement; and 367
c) Statement that the code of conduct is applicable for the Board of Commissioners, the Board of Directors, 366
and employees of the Issuer of Public Company;
16) A brief description of the policy of providing long-term performance-based compensation to management and/or 139
employees owned by the Issuer or Public Company (if any), including the management stock ownership program
(MSOP) and/or program employee stock ownership (ESOP);
a) Number of shares and/or options; -
b) Implementation period; -
c) Requirements for eligible employees and/or management; and -
d) Exercise price or determination of exercise price; -
17) A 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 297-298
later than 3 (three) working days after the occurrence of ownership or any change in ownership of shares of
a Public Company; and
b) Implementation of the policy; 297-298
18) Description of whistleblowing system at the Issuer or Public Company (if any), among others include: 369
a) Mechanism for violation reporting; 369
b) Protection for the whistleblower; 369
c) Handling of violation reports; 369
d) Unit responsible for handling of violation report; and 369
e) Results from violation report handling, at least includes: 369
(1) Number of complaints received and processed during the fiscal year; and 369
(2) Follow up of complaints; 369
628 2023 ANNUAL REPORT PT BANK BTPN Tbk
Page 631
Description Page
19) A description of the anti-corruption policy of the Issuer or Public Company, at least containing: 370
a) Programs and procedures implemented in overcoming corrupt practices, kickbacks, fraud, bribery and/or 370
gratification in Issuers or Public Companies; and
b) Anti-corruption training/socialization to employees of Issuers or Public Companies; 370-371
20) Implementation of the Guidelines of Corporate Governance for Public Companies for Issuer issuing Equity-based 254-260
Securities or Public Company, including:
a) statement regarding recommendation that have been implemented; and/or 254-260
b) description of recommendation that have not been implemented, along with the reason and alternatives of 254-260
implementation (if any);
h. Social and Environmental Responsibility of the Issuer or Public Company 372
1) The information disclosed in the social and environmental responsibility section is a Sustainability Report -
as referred to in the Financial Services Authority Regulation Number 51/POJK.03/2017 concerning the
Implementation of Sustainable Finance for Financial Services Institutions, Issuers, and Public Companies, at at
least includes:
a) Explanation of the sustainability strategy; -
b) Overview of sustainability aspects (economic, social, and environmental); -
c) 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 response of the Issuer or Public Company to the previous year’s report feedback; -
2) The Sustainability Report as referred to in number 1) must be prepared in accordance with the Technical -
Guidelines for the Preparation of a Sustainability Report for Issuers and Public Companies as contained in
Appendix II which is an integral part of this Financial Services Authority Circular Letter;
3) Information on the 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 section related to the Directors’
Report; and/or
b) Refers to other sections outside the Social and Environmental Responsibility section by still referring to the -
Technical Guidelines for the Preparation of Sustainability Reports for Issuers and Public Companies as listed
in Appendix II which is an integral part of this Financial Services Authority Circular Letter, such as the profile
of the Issuer or Public Company;
4) The Sustainability Report as referred to in number 1) is an inseparable part of the Annual Report but can be -
presented separately from the Annual Report;
5) In the event that the Sustainability Report is presented separately from the Annual Report, the information -
disclosed in the Sustainability Report must:
a) Contains all the information as referred to in number 1); and -
b) Prepared in accordance with the Technical Guidelines for the Preparation of a Sustainability Report for -
Issuers and Public Companies as listed in Appendix II which is an integral part of this Financial Services
Authority Circular Letter;
6) In the event that the Sustainability Report is presented separately from the Annual Report, then the Social -
and Environmental Responsibility section contains information that information on Social and Environmental
Responsibility has been disclosed in the Sustainability Report which is presented separately from the Annual
Report; and
7) Submission of the Sustainability Report which is presented separately from the Annual Report must be submitted -
together with the Annual Report.
i Audited Annual Financial Statement 383
Financial Statements included in Annual Report should be prepared in accordance with the Financial Accounting 383
Standards in Indonesia and audited by an Accountant. The said financial statement should be included with
statement of responsibility for financial report as stipulated in the legislations in the Capital Markets sector governing
the responsibility of the Board of Directors on the financial report or the legislations in the Capital Markets sector
governing the periodic reports of securities company in the event the Issuer is a Securities Company; and
j Letter of Statement of the Board of Directors and the Board of Commissioners regarding the Responsibility for Annual 56-57
Reporting
Letter of statement of the Board of Directors and the Board of Commissioners regarding the responsibility for Annual 56-57
Reporting should be prepared according to the format of letter of statement of member of Board of Directors and the
Board of Commissioners regarding the responsibility for Annual Reporting as attached in the Attachment, which is an
integral part of this Circulation Letter of the Financial Services Authority.
2023 ANNUAL REPORT PT BANK BTPN Tbk 629
Page 632
20
23 ANNUAL
REPORT
IMPACTING
MILLIONS OF LIVES
PT BANK BTPN Tbk
Menara BTPN
CBD Mega Kuningan
Jl. Dr. Ide Anak Agung Gde Agung Kav. 5.5 – 5.6
Jakarta 12950
Tel. : +62 21 300 26 200
Faks. : +62 21 300 26 309
btpn.com
Names mentioned 183 people and organisations named in the text · linked when the evidence is strong
unresolved
org
Indonesia Stock Exchange
p.18 ×5
unresolved
org
Financial Services Authority
p.19 ×8
unresolved
org
PT Summit Auto Group
p.19
unresolved
org
Sumitomo Corporation
p.19
unresolved
org
Bank BTPN’s Jenius
p.22 ×2
unresolved
org
PT Amerta Indah Otsuka
p.22
unresolved
org
PT Bank Mayapada
p.23
unresolved
org
Extraordinary General Meeting Internasional Tbk
p.23
unresolved
org
PT Seino Indomobil Logistics
p.23
unresolved
org
PT SIL
p.23 ×2
unresolved
—
Kobata
· Director
p.23
unresolved
—
Linggawati Tok
· Director
p.24
unresolved
org
Sumitomo Mitsui Banking Corporation
p.25 ×11
unresolved
org
PT Manulife Asset Management Indonesia
p.25
unresolved
org
Bank BTPN Again
p.26
unresolved
org
Bank BTPN. In
p.26
unresolved
org
Bank BTPN Ahmad Yani
p.26
unresolved
org
Bank BTPN’s Additional Capital Investment
p.26
unresolved
org
PT Kepland Investama
p.28 ×2
unresolved
org
Bank National Private
p.28
unresolved
org
Bank BTPN Category
p.29
unresolved
org
Bank Category.
p.30
unresolved
org
Bank Indonesia
p.36 ×12
unresolved
org
Bank Indonesia’s
p.36 ×3
unresolved
org
Bank BTPN’s GCG
p.38 ×4
unresolved
org
Bank BTPN’s Growing Business
p.44
unresolved
org
Syariah Tbk
p.44 ×2
unresolved
org
Bank BTPN Services Institutions
p.48
unresolved
org
Bank BTPN’s Human Resources
p.49
unresolved
person
Deputy
· President Director
p.59 ×2
unresolved
org
PT Bank Tabungan Pensiunan Nasional
p.62 ×10
unresolved
org
Bank Pensiunan Nasional Tbk
p.62 ×2
unresolved
org
PT Fitch Ratings
p.62
unresolved
person
Dr. Ide Anak Agung Gde Agung
p.62 ×4
unresolved
org
PT BANK BANK BTPN BTPN TbkTbk
p.62
unresolved
org
Minister of Finance
p.63
unresolved
org
PT Bank Tabungan
p.63 ×4
unresolved
org
Minister of Law and Human Rights S.
p.63
unresolved
org
PT Bank Sumitomo
p.63
unresolved
org
Pensiunan Nasional Tbk
p.63
unresolved
org
PT Bank Sahabat Purba
p.64
unresolved
org
Bank Sahabat
p.64 ×2
unresolved
org
Bank Indonesia Certificate
p.66
unresolved
person
Ir. Nathan Christianto Business
p.68
unresolved
person
Heru Rustanto
p.69
unresolved
org
Bank Singapore Branch
p.72
unresolved
org
Bank Asia HQ
p.72
unresolved
org
ABN AMRO Bank N.V.
p.72
unresolved
org
Sanwa Bank Ltd
p.72
unresolved
org
ABN Bank N.V.
p.72
unresolved
org
Sumitomo Bank Ltd
p.73
unresolved
org
PT Bank Sumitomo Mitsui Indonesia
p.74 ×6
unresolved
org
PT Artajasa Electronic Payment
p.75
unresolved
org
BCA Remittance Sdn Bhd
p.76
unresolved
org
Bank Universal
p.77 ×2
unresolved
org
Bank Subentra
p.77
unresolved
person
Concurrent Position
· President Director
p.78 ×4
unresolved
org
Bank United Financial
p.78
unresolved
org
PT Bogor Multifinance
p.78
unresolved
org
Bank Susila Bakti
p.78
unresolved
org
SMBC Europe Limited
p.79
unresolved
org
PT Metro Retailmart
p.80
unresolved
org
PT Trans Ice
p.80
unresolved
org
PT CT Corpora Bank Mega
p.80
unresolved
org
Herdini & Partners
p.81
unresolved
org
Bank PDFCI Tbk
p.81 ×2
unresolved
org
PT Bank Sumitomo Niaga
p.81
unresolved
org
Bank Barclays Indonesia
p.84
unresolved
org
PT Bank Central Treasury Stock
p.92
unresolved
org
Banking Corporation
p.92
unresolved
org
Asia Tbk
p.92
unresolved
org
PT BTPN Syariah Ventura Position
p.92
unresolved
org
Sakura Bank Limited
p.94
unresolved
org
SMBC’s Sumitomo Bank Limited
p.94
unresolved
org
PT Sumitomo Mitsui Finance
p.94
unresolved
org
PT Nikko Sekuritas Indonesia
p.94
unresolved
org
PT SBCS Indonesia. For
p.94
unresolved
org
Barclays Capital Securities Limited
p.95
unresolved
org
Cayuga Pacific Group Limited
p.95
unresolved
org
PT Timur Nusa Niagajaya
p.95
unresolved
org
Co Ltd
p.95
unresolved
org
PT BTPN Syariah Ventura Head Office Address BTPN
p.97
unresolved
org
PT BTPN Syariah Ventura
p.97 ×5
unresolved
person
KH.Z.
p.98
unresolved
person
KH. Tb. A.
p.98
unresolved
person
Prof. M. Yamin
p.99 ×3
unresolved
person
DR. Sam Ratulangi
p.100
unresolved
person
Ir. H. Juanda
p.100
unresolved
person
K.H. Zainul Arifin
p.100
unresolved
person
Forum Komunikasi
· Direktur
p.101
unresolved
org
Siddharta Widjaja & Rekan
p.102
unresolved
org
Siddharta Widjaja
p.102
unresolved
org
KPMG International Limited
p.102
unresolved
org
PT Datindo Entrycom
p.103
unresolved
person
Ashoya Ratam
· Notaris
p.103 ×14
unresolved
org
PT Fitch Ratings Indonesia
p.103
unresolved
org
PT Pemeringkat Efek Indonesia
p.103
unresolved
org
PT Bank BTPN Syariah. Thus
p.110
unresolved
person
Yumna Shabrina
· Notaris
p.401 ×2
unresolved
org
Menteri Hukum dan Hak Asasi
p.401 ×3
unresolved
org
Minister of Law and Human
p.401
unresolved
org
Minister of Laws and Human Rights
p.401 ×2
unresolved
person
Yumna SH
· Notaris
p.401 ×2
unresolved
person
Shabrina
p.401
unresolved
person
Ratam
p.401 ×2
unresolved
org
Menteri
p.401 ×2
unresolved
org
Mitsui Banking Corporation
p.401
unresolved
—
Mitsui
2001. Sumitomo
p.401
unresolved
org
Bank BTPN Continuing
p.407
unresolved
org
PT BTPN SYARIAH
p.408 ×2
unresolved
org
PT BANK BTPN SYARIAH Tbk’s
p.408
unresolved
person
Hadijah S.H.
p.408
unresolved
org
Ministry of Law and Human Rights of Republic Kementerian Hukum dan Hak Asasi Manusia
p.408
unresolved
org
Minister of Law and Human Kementerian Hukum dan Hak Asasi Manusia
p.410
unresolved
org
Pensiunan Nasional Syariah Tbk
p.410
unresolved
org
PT BANK Tabungan Pensiunan Nasional Syariah Tbk
p.410
unresolved
org
Tabungan Pensiunan Nasional Syariah Tbk
p.410
unresolved
org
Bank Umum Syariah
p.410
unresolved
org
Minister of Law and Human Rights
p.410 ×2
unresolved
org
Ministry of Law
p.414
unresolved
org
Corporation
p.540 ×2
unresolved
—
Hiromichi Kubo
p.540
unresolved
—
Kan Funakoshi
p.540
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