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Increased Investment in PT Bank Tabungan Pensiunan Nasional Tbk(1/1)
March 14, 2014
Sumitomo Mitsui Banking Corporation
Increased Investment in PT Bank Tabungan
Pensiunan Nasional Tbk
BTPN
has strengths in mass-market banking in
1. Summary of transaction
(1)
Number of shares |
:
919,268,448 shares (15.74% voting rights) |
(2)
Average Purchase price per share |
:
6,500 |
(3)
Date of purchase |
:
March 14, 2014 |
2. Profile of BTPN
Established
|
: 1958 |
Location
of head office |
: |
Networks |
: 1,234 * |
Total
assets |
: 69,665 billion Indonesia Rupiah * |
Capital
Adequacy Ratio |
: 23.1 % * |
Listing |
: Indonesian Stock Exchange (IDX ticker:
BTPN) |
National
Long-term Rating |
: AA- (Fitch) |
(*:as of December 31, 2013)
Financial
results of BTPN for the recent three fiscal years (Unit:Rp. billion)
|
PT Bank Tabungan
Pensiunan Nasional Tbk |
||
Fiscal year |
Dec. 2011 |
Dec. 2012 |
Dec. 2013 |
Net asset |
5,617 |
7,734 |
9,908 |
Gross asset |
46,651 |
59,090 |
69,665 |
Operating income |
4,827 |
6,354 |
7,449 |
Profit before tax |
1,783 |
2,485 |
2,869 |
Net income |
1,400 |
1,977 |
2,131 |