BTN Secures Rp 2 Trillion Shareholder Loan to Bolster Capital Base

JAKARTA, Investortrust.id — PT Bank Tabungan Negara Tbk or BTN secures a Rp 2 trillion shareholder loan on Friday, Dec 26, 2025 in Jakarta from PT Danantara Asset Management to strengthen its capital base as housing credit demand rises, a move expected to preserve lending capacity without diluting shareholders.

The facility was classified as Additional Tier 1 capital under Financial Services Authority rules and was structured as a perpetual, subordinated, and non-dilutive instrument.

BTN President Director Nixon LP Napitupulu said the capital strengthening aligned with rising financing needs, particularly in housing, which remained the bank’s core business.

“BTN’s capital position is healthy, with a capital adequacy ratio of around 18 to 19 percent, and this shareholder loan is prepared to keep room for credit expansion amid ongoing housing loan growth,” Nixon said in a statement issued on Friday.

As of the third quarter of 2025, BTN recorded total loans and financing of Rp 381.03 trillion, with housing loans accounting for Rp 322.53 trillion, making capital resilience increasingly critical.

The Additional Tier 1 structure ensured the new capital immediately reinforced Tier 1 capital without near-term principal repayment obligations or pressure on daily liquidity and funding.

“This additional core capital gives BTN flexibility to manage credit growth more prudently, especially to support housing finance and its ecosystem, while maintaining long-term capital strength,” Nixon said.

The shareholder loan was provided by Danantara Asset Management as BTN’s shareholder, reflecting long-term alignment to enhance competitiveness and corporate value.

The transaction was classified as an affiliated transaction under Financial Services Authority Regulation No. 42/2020 and was conducted without conflicts of interest, following governance procedures and an independent fairness assessment.

Looking ahead, the capital strengthening is expected to reinforce BTN’s role in supporting the national housing program and expanding home ownership access, in line with its mandate as the government’s main partner in housing and financial inclusion.