{
    "success": true,
    "data": {
        "id": 1698748,
        "msgid": "smbc-btpn-disburses-rp191-8-trillion-in-loans-in-q1-2026-up-2-1777031530",
        "date": "2026-04-24 16:35:19",
        "title": "SMBC (BTPN) Disburses Rp191.8 Trillion in Loans in Q1-2026, Up 2%",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Banking",
        "summary": "PT Bank SMBC Indonesia Tbk (BTPN) reported a modest 2% year-on-year growth in loan disbursements to Rp191.8 trillion in the first quarter of 2026, reflecting a selective expansion strategy amid funding cost pressures and market volatility. The bank's total assets rose 4.1% to Rp250 trillion, with significant gains in low-cost CASA funds surging 40.6% to Rp59 trillion, bolstering funding efficiency and liquidity ratios. Strong performances from subsidiaries like BTPN Syariah and Grup OTO, alongside digital and corporate segments, underscore BTPN's focus on balanced growth and risk management in a fluctuating economic environment.",
        "content": "<p>Jakarta, CNBC Indonesia \u2014 PT Bank SMBC Indonesia Tbk (BTPN) recorded\nmoderate credit growth in the first quarter of 2026, amid pressures from\nfunding costs and lingering market volatility affecting the banking\nindustry. The company\u2019s loan disbursements reached Rp191.8 trillion, up\n2% year-on-year (yoy). This achievement reflects a more selective\nexpansion strategy, while maintaining asset quality in a market that is\nnot yet fully stable. \u201cThis sustained credit growth reflects our\nselective and balanced approach amid market dynamics. We see strong\ncontributions from business lines with good growth momentum, while\nmaking adjustments in certain segments,\u201d said SMBC Indonesia\u2019s President\nDirector, Henoch Munandar, quoted from an official statement on Friday\n(24\/4\/2026). In terms of composition, credit growth was supported by the\ncorporate and commercial segments, which increased 4.1% yoy. Jenius\nloans (excluding Digital Micro) also grew 12.0% yoy, in line with the\nstrengthening of the digital customer base. Meanwhile, Grup OTO\nfinancing grew 5.0% yoy and BTPN Syariah rose 3.7% yoy. Henoch explained\nthat this strategy aligns with a quality growth approach that emphasises\nthe balance between expansion and risk management. Amid potential credit\nquality pressures, more measured growth is seen as key to sustaining\nperformance. On the balance sheet side, the company\u2019s total assets grew\n4.1% yoy to Rp250 trillion. Increases also occurred in liquid assets,\nparticularly from placements in securities. Meanwhile, low-cost funds\n(CASA) rose 40.6% yoy to Rp59 trillion, from Rp41.9 trillion in the same\nperiod last year. The CASA ratio also improved from 35.7% to 44.1%.\n\u201cThis increase in CASA strengthens the company\u2019s funding structure and\nsupports funding cost efficiency, allowing performance to remain\nsustainably maintained,\u201d said Henoch. Contributions from subsidiaries\nalso supported consolidated performance. BTPN Syariah recorded net\nprofit of Rp319 billion, up 2.8% yoy, with financing of Rp10.6 trillion.\nMeanwhile, Grup OTO booked net profit of Rp113 billion, surging 45.5%\nyoy. Business diversification has become one of the supports for\nperformance stability. Digital banking lines, sharia financing, vehicle\nfinancing, to corporate and commercial segments provide portfolio\nbalance amid a fluctuating economic cycle. In terms of resilience, the\ncompany recorded a Liquidity Coverage Ratio (LCR) of 260.24%, Net Stable\nFunding Ratio (NSFR) of 122.71%, and Capital Adequacy Ratio (CAR) of\n29.63%.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/smbc-btpn-disburses-rp191-8-trillion-in-loans-in-q1-2026-up-2-1777031530",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}