BTN to Hold Extraordinary General Meeting on 4 September, Board Changes on Agenda
Jakarta (ANTARA) - PT Bank Tabungan Negara (Persero) Tbk (BTN) is scheduled to hold an extraordinary general meeting of shareholders (EGMS) on 4 September 2026, with a proposed agenda concerning changes to the composition of the company’s board.
“The agenda, for now, comes from Danantara regarding the change of board composition. We are still waiting for them as to which board members will be changed,” said BTN President Director Nixon LP Napitupulu in response to journalists’ questions at a press conference in Jakarta on Thursday.
According to the information disclosure, BTN’s EGMS is scheduled to take place on 4 September 2026 at 14:00 Western Indonesia Time (WIB).
Shareholders entitled to attend the meeting are those whose names are recorded in the list of shareholders (DPS) at the close of trading on the Indonesia Stock Exchange (IDX) on 5 August 2026.
Meanwhile, shareholders may submit proposals for meeting agenda items to the board of directors no later than 30 July 2026, or seven days before the meeting convocation.
This right may be exercised by holders of Series A Dwiwarna shares as well as one or more shareholders representing 1/20 or more of all shares issued by the company with valid voting rights.
Proposed agenda items must be submitted in good faith, taking into account the interests of the company, require a decision of the general meeting of shareholders, be accompanied by reasons and supporting materials, and not contravene the provisions of laws and regulations or the company’s articles of association.
The convocation of the EGMS will be announced on 6 August 2026 through the e-GMS provider’s website, the Indonesia Stock Exchange, and the company’s website.
In the first half of 2026, BTN recorded consolidated net profit growth of 40.8 per cent year on year (yoy), reaching Rp2.40 trillion.
Consolidated loans and financing grew 11.2 per cent (yoy) to Rp418.11 trillion, with BTN’s total consolidated assets rising 12.4 per cent (yoy) to Rp545.16 trillion.
The company recorded an increase in the housing loan segment of 4.8 per cent (yoy) to Rp332.88 trillion as of June 2026.
Meanwhile, non-housing loans surged 46.1 per cent (yoy) to Rp85.22 trillion.
On the other hand, third-party funds (DPK) reached Rp433.00 trillion, growing 6.6 per cent (yoy).
The company continues to strengthen its low-cost funding structure as a foundation for long-term growth.
As of the end of June 2026, BTN’s cost of funds stood at 3.01 per cent.
Asset quality was maintained, with the non-performing loan (NPL) ratio falling from 3.3 per cent in the first half of 2025 to 2.99 per cent in the first half of 2026.
The company also reduced its loan at risk (LAR) ratio to 18.6 per cent and pressed its cost of credit (CoC) down to 0.7 per cent in the first half of 2026.
Meanwhile, the capital adequacy ratio (CAR) increased to 20 per cent over the same period.