BTN Ready to Finance 150,000 Low-carbon Emission Houses
PT Bank Tabungan Negara (Persero) Tbk (BTN) is boosting the development of Low-Carbon Emission Houses
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PT Bank Tabungan Negara (Persero) Tbk (BTN) is boosting the development of Low-Carbon Emission Houses
PT Bank Tabungan Negara (Persero) Tbk (BTN) won a number of awards at the ESG Initiatives Awards (EIA) 2024 event.
The government is to combine BTN's Sharia business unit with Bank Muamalat. This could lead to problems.
Collaboration between BTN and SOEs offered a solution to housing demands for millennials, stated SOE Minister Erick Thohir.
The loan will be disbursed in stages within the next three
years.
For the electronic money platform and technology, BTN
partners with PT Bank Mandiri, that had already developed the
product.
The securities' value is the largest in the history of ABS
issuances, says BTN president director.
Acquisition of Bank Tabungan Negara (BTN) by Bank Mandiri is canceled.
Dahlan stated that the acquisition would boost BTN's capacity to
disburse loans while it will also benefit Bank Mandiri.
The acquisition of BTN by Mandiri is expected to strengthen both
banks' credit portfolio.
BTN employees see SOE Minister, Dahlan Iskan, capricious.
Minister of State-owned enterprises (SOEs) Dahlan Iskan states
two good reasons for Bank Mandiri to acquire BTN.
Bank Mandiri Director said he was still waiting for the formal
instruction from the Ministry of BUMN concerning the
acquisition.
BTN has signed a contract with Bank Simpanan Malaysia to develop
remittance service.
The House of Representatives (DPR) has agreed upon the Bank Tabungan Negara (BTN) rights issue proposed by the government. In the rights issue proposal, the DPR agreed that the public is entitled to own 40 percent of the state banks shares, leaving 60 percent of shares for the state.
Bank BTN consumer and operations director Irman Alvian Zahiruddin says that 10,000 houses supported by the stalled Housing Financing Liquidity Facility (FLPP) loan, will be switched to commercial loans with an 8.5-percent fixed interest rate for two years.
Bank BTN has disbursed a Rp350-billion loan to micro capital service units through PT Permodalan Nasional Madani (PNM).
PT Bank Tabungan Negara (BTN) will offer for sale Bonds XV this year. The bank is aiming at getting additional capital worth a maximum of Rp2 trillion for credit expansion.
The State Savings Bank (BTN) is still commited to distributing third party funds to provide housing loans, especially low-cost homes. CEO of BTN, Iqbal Lataranro, stressed that this was linked to his plan to offer 27 percent of his share for the public on December 17.
Two state-owned enterprises PT Bank Tabungan Negara (BTN) and PT Pembangunan Perumahan, are targeting foreign investors to absorb their initial shares that will be offered in IPOs before the end of this year.