BTN Prepares 1.05 Trillion Rupiah Dividend as Liquidity Comes Under Scrutiny
JAKARTA – PT Bank Tabungan Negara (Persero) Tbk, commonly known as BTN, is preparing to hold its 2025 Annual General Meeting of Shareholders (RUPST) on 23 April 2026, with several significant agenda items including dividend distribution and changes to the company’s management structure.
At the meeting, BTN management plans to propose a dividend distribution of 30 per cent of the company’s net profit for the 2025 financial year, an increase compared to the previous year’s 25 per cent payout ratio.
BTN Chief Executive Officer Nixon LP Napitupulu stated that the increase in the dividend payout ratio forms part of the company’s strategy to maintain financial performance.
“We plan to propose a 30 per cent dividend, up from last year,” he said when met at his office in Jakarta on Friday, 13 March 2026.
BTN recorded a net profit of 3.5 trillion rupiah in 2025. With the planned 30 per cent dividend distribution, the amount to be distributed to shareholders will reach approximately 1.05 trillion rupiah.
“In order to improve our return on equity this year, that is our objective—to manage ROE,” said Nixon. “We want to perform better than last year.”
Beyond dividend matters, the RUPST will also decide on changes to the company’s management structure. These changes are necessitated by two officials whose terms expire in early 2026.
Nixon did not specify which officials would be replaced at the meeting. However, based on disclosures made to the Indonesia Stock Exchange (IDX), BTN Commissioner Dwi Ary Purnomo ended his tenure on 25 February 2026 after being appointed to the board of directors of PT Asuransi Kerugian Jasa Raharja.
“There is a report on changes to the management structure as two officers’ terms have now expired,” said Nixon.
Additionally, the shareholders’ meeting will also discuss several routine agenda items including profit allocation reports, management remuneration, appointment of public accounting firms (KAP), and amendments to the company’s articles of association to align with Law Number 16 of 2025 on State-Owned Enterprises and Danantara policy.
“The RUPST is scheduled for 23 April. There will be the usual four agenda items: statement of accountability, profit allocation, management remuneration, and appointment of the public accounting firm,” said Nixon.
“We have also added amendments to the articles of association concerning Danantara, specifically regarding Class A shareholdings. Additionally, there is a report on the use of bonds,” he added.