BTN targets 20 per cent dividend payout ratio

Jakarta (ANTARA) - PT Bank Tabungan Negara (Persero) Tbk (BTN) plans to distribute dividends for the 2026 financial year with a dividend payout ratio in the range of 20-25 per cent of total net profit.

“Currently, in our 2026 Bank Business Plan (RBB), we have indeed written 20-25 per cent,” said BTN President Director Nixon LP Napitupulu during the 2026 Public Expose Live in Jakarta on Thursday.

Nevertheless, certainty regarding the dividend amount will be agreed upon based on the results of the General Meeting of Shareholders (RUPS).

“So, we remain consistent with the figure written in the RBB. But once again, this will depend on what is announced during the RUPS. Because, ultimately, dividends are the prerogative of the shareholders,” he explained.

Previously, the Company decided not to distribute dividends for the 2025 financial year. This was due to BTN’s need for significant capital to fund large-scale business expansion plans, including the direct purchase of third-party credit portfolios.

BTN recorded a consolidated net profit of Rp2.4 trillion throughout the first half of 2026, an increase of 40.8 per cent year-on-year. This profit was supported by credit and financing disbursements, which rose 11.2 per cent year-on-year to Rp418.11 trillion as of the end of June 2026.

This credit growth was accompanied by a gross non-performing loan (NPL) ratio of 3 per cent, an improvement compared to the June 2025 position of 3.3 per cent.