Ar 2020 BTPN Eng 14 April
Ar 2020 BTPN Eng 14 April
THE CHALLENGE
OF GROWTH
Annual Report
NAVIGATING THROUGH
THE CHALLENGE
OF GROWTH 1
Main
10 Highlights
12 Performance 2020
14 Financial Highlights
18 Share Performance
19 Corporate Action
19 Issuance of Bonds/Sukuk
20 Bonds and Sukuk Overview
22 Event Highlights in 2020
24 Awards & Certification
26 Management Report
Company
54 Profile
Risk
152 Management
2020 Financial
154 Risk Management Policies
355 Statements
155 Risk Management Governance
155 Risk Management Organization
155 Risk Management Implementation 361 Audited Consolidated Financial Statements
of 2020
156 Focus in 2020
597 Attachment
158 Result of Risk Management Implementation
Financial Services Authority Circular Letter
Review
No. 9/Seojk.03/2020 Concerning
158 Internal Control System Transparency and Publication of
159 Disclosure of Capital Conventional Commercial Bank Reports
173 Disclosure of Risk Exposure 601 SEOJK Reference
No. 30-SEOJK.04-2016:
Annual Report of Public Companies
Continuing Post-
Merger Strategic
Initiatives
Following the completion of the post-merger
‘stabilization’ stage, BTPN continues with the
‘synergize’ stage throughout 2020, and then the
‘scale-up’ stage for the following years.
4
Synergize
Combining existing assets to
2020 Annual Report PT Bank BTPN Tbk
Scale-Up
Creating new driving-force for
growth and profitability, including
enhancement of the Jenius
business model and continuing
digital transformation in all
business segments.
Third Party Funds Loans Total Assets
4.74%
Rp 32.96 Trillion
Pre-Provision
Operating Profit can
be maintained at the
same level as last
year.
Rp 5.43 Trillion
Adapting to
Crisis
BTPN reacts quickly to the outbreak of COVID-19
pandemic to cope with the impact and to embrace
the reality of ‘new normal’ in 2020 by adopting
various efforts to adapt and at the same time to
maintain its growth.
6
2020 Annual Report PT Bank BTPN Tbk
Employee Care
Implementing various
initiatives to protect
employee health while
maintaining productivity. Customer Care
In all branches, protecting
customers, by implementing
health protocols while
providing services to them.
Community Care
Implementing credit
restructuring program
to assist customers in
maintaining their business.
Third Party Funds
(Rp Billion)
Rp100.79 Trillion
100,789
86,939
70,845
Rp1.69 Trillion
2018 2019 2020
7
The Bank’s other operating income
8
2020 Annual Report PT Bank BTPN Tbk
Jenius’ customers in
2020 was recorded
at 3.1 million
customers, grew by
Development of new
features (Jenius Bisnis
and Bisniskit, personal
financial management,
QRIS, etc.).
Jenius for Business is designed
as partner and starter kit for dig-
ital-savvy who want to start and
grow business.
Moneytory
MAIN
HIGHLIGHTS
12 Performance 2020
14 Financial Highlights
18 Share Performance
19 Corporate Action
19 Bonds/Sukuk Issuance
Performance 2020
12 Net Interest Income Other Operating Expenses Ne Profit for the Year
Supported by lower cost Other Operating Expenses In the midst of the challenges
of funds in line with lower decreased by 3.46% of the COVID-19 pandemic,
benchmark interest rates. compared to the previous the Bank continues to post
year. net profit.
25.55%
Capital Adequacy Ratio
281.70%
The Bank managed to keep
1.21%
The Bank managed to keep
increased from 24.24% at the the LCR rate above the the NPL (Gross) at a low level
end of the previous year. minimum requirement of amid the COVID-19 situation.
100%.
Efficiency
The Bank succeeded in reducing operating
expenses (excluding Allowance for
Impairment Losses).
536
The Bank has 536 branch offices
to serve customers in Indonesia.
The Bank’s intermediary
function continues to run well.
13
Loans Third Party Funds
Financial
Highlights
(Rp million, unless stated otherwise)
Balance Sheet
Earning Assets 1)
176,915,917 173,854,020 94,345,608 88,263,211
Total Liabilities 3)
150,201,225 150,159,457 82,554,894 78,289,053
Notes:
1. Including Sharia financing/receivables, current accounts wit BI and other banks, placements with BI and other banks, securities, investment
in shares, acceptance receivables, reverse repo and derivative receivables
2. Including Sharia financing/receivables
3. Including temporary syirkah funds
4. Including non-controlling interests
5. Including credit and operational risks
6. RoA before tax
7. The BOPO ratio is calculated in accordance with new POJK (Antasena)
8. LDR (exclude Loan to Bank)
9. Including Payment Points & Functional Offices
10. Including BTPN Syariah
11. Certain accounts in the comparative information have been reclassified to conform with the presentation of the consolidated statements of
profit or loss and other comprehensive income for the year ended 31 December 2020.
Description 2020 2019 11) 2018 2017
Earning Assets
Non-performing earning assets and non-earning assets to total 0.6 0.5 0.9 0.7
earning assets and non-earning assets
Non-performing earning assets to total earning assets 1.0 0.7 1.0 0.7
Allowance for Impairment Losses for financial assets to earning 2.0 0.9 1.3 1.0
assets
Liquidity
Compliance
Related Parties - - - -
Non-Related Parties - - - -
Related Parties - - - -
Non-Related Parties - - - -
Others
15.93%
Third Party Funds
16
Growth
1.21%
2020 Annual Report PT Bank BTPN Tbk
Loan Quality
(NPL-Gross Ratio)
Rp 32.96trillion
Total Equity
0.84%
Asset Growth
25.55%
Capital Adequacy
Ratio (CAR)
Net Profit Attributable to
Net Interest Income Owners of Parent
(in trillion rupiah) (in trillion rupiah)
11.0 2.6
10.6
9.6
1.8
1.7
17
Other Operating Income Operating Expenses
0.6
70.8
68.1
Share Performance
INITIAL PUBLIC OFFERING STOCKS PERFORMANCE
Resolutions on the Initial Public Offering of common Up until Quarter IV/2020, the Bank’s shares were traded
share of PT Bank BTPN Tbk was based on the at Rp3,110 per share. The shares performance of the
Extraordinary General Meeting of Shareholders on Bank is shown in the following graphs and tables.
8 June 2007. The total number of offered shares are
267,960,220 offered shares and Rp100 (full value) per
share and at an offered price of Rp2,850 (full value)
per share. The shares were registered on the Indonesia
Stock Exchange or IDX in 12 March 2008.
18
Volume 2019 2020
2020 Annual Report PT Bank BTPN Tbk
6,240,000 6,250,000
6,010,000
5,510,000 5,600,000
5,000,000 5,040,000
3,970,000 3,970,000
3,450,000
2,860,000 2,980,000
2,420,000
2,170,000
1,970,000 1,930,000
1,050,000 1,130,000
879,300 826,400 824,800
481,600 379,100
307,300
January February March April May June July August September Ocktober November December
1,000
0
January February March April May June July August September October November December
QUARTERLY STOCKS PERFORMANCE 2020 & 2019
Bonds/Sukuk
Issuance
During 2020 the Company did not issue any
Bonds/Sukuk
Main Highlights
Public Offering of Sustainable Bonds III Bank BTPN with Fixed Coupon Rate Phase II Year 2017
Public Offering of Sustainable Bonds IV Bank BTPN with Fixed Coupon Rate I Year 2019
MTN 11 14 June 2017 1,302,000,000,000 8.25% 14 June 2020 The payment has
been made on June
15, 2020
20
Bank BTPN Shelf Registry / Sustainable Bonds III with AAA (idn) AAA (idn) AAA (idn)
Fixed Coupon Rate Phase II Year 2017
Bank BTPN Shelf Registry Bonds IV with Fixed Coupon AAA (idn) AAA (idn); Outlook
Rate Phase I Year 2019 Stable
Mid-Term Notes (MTN) II Year 2017 of PT Bank Sumitomo idAAA idAAA idAAA
Mitsui Indonesia
PAYMENT OF INTEREST AND PRINCIPAL Bank BTPN Shelf Registry Bonds IV with Fixed coupon
LOAN OF THE YEAR 2020 Rates Phase I Year 2019 of B series
23 April
2 July 24 July
Sumitomo Mitsui Banking Corporation Group BTPN launched Sinaya Prioritas, banking services
(SMBC Group) donated 100 million yen (equivalent for affluent customers with a total portfolio of
to Rp13.2 billion) to UNICEF Indonesia to help at least Rp500 million. Integrated with Jenius
lighten the burden of the people of Indonesia application, Sinaya Prioritas allows affluent
impacted by the COVID-19 pandemic. customers to monitor their savings and investment
funds, and perform transactions from anywhere
and at anytime through their devices.
27 July 11 August
Jenius launched a new feature, Jenius QR, to Jenius celebrates its 4th anniversary. Up until June
facilitate the digital savvy in transactions without 2020, more than 2.7 million people gave joined to
hard cash or debit card as it automatically become Jenius users, with savings balance (Third-
deducts in Active Balance without having to shift Party Fund) of more than Rp10 trillion. In all of its
to another application. Jenius QR also supports four years of presence, Jenius has launched some
Bank Indonesia’s program to increase non-cash 20 revolutionary innovations and features.
financing.
11 September 24 September
Sumitomo Mitsui Banking Corporation Group (SMBC In collaboration with PT Bank Negara Indonesia
Group) donated Rp1.3 billion (equivalent to 10 million Tbk (BNI), Jenius introduced its BNI TapCash
yen) to the Indonesian General Practitioners Association top-up service through the Jenius application by
(PDUI) as one of its global initiatives to help prevent the benefiting the NFC (Near-Field Communication)
spread and the impact of COVID-19 in Indonesia. PDUI feature. In addition, the collaboration also
was selected as one of the organizations to receive funds introduced BNI TapCash Card Jenius edition with
from SMBC Group because the organization has since a unique Jenius-trait design and characteristics.
2010 worked together with Bank BTPN, a subsidiary
of SMBC Group, through the public financing program
known as Daya.
18 November
16 September
23
23 December
March 2020 Top SME Lender 2020 Best BUKU 3 Bank Infobank
April 2020 Public Relations Indonesia Award • Gold Winner - Social Media PR Indonesia Magazine
2020 • Gold Winner – Digital PR
#temanjenius
June 2020 World’s Best Banks Ranking 4 – of all banks in Indonesia Forbes
Ranking 2 – of all local banks in
Indonesia
August 2020 Investor Awards The Best BUKU 3 Bank Investor Magazine
September 2020 Indonesia Content Marketing • Best Content in Owned Channel in Kompas Gramedia
24 Awards 2020 Banking Category
• Best Use of Brand Website
Content Marketing
• The Content Marketing
2020 Annual Report PT Bank BTPN Tbk
September 2020 Infobank Awards 2020 • Diamond Trophy for “Excellence” Infobank
for 20 years in a row to achieve
“The Best Performance Bank”.
• The Best BUKU 3
December 2020 The Best Contact Center • Top 10 of The Best Contact Center Indonesia Contact Center
Indonesia 2020 Indonesia 2020 Association
• Platinum Medal for The Best
Operations Contact Center
• Gold Medal for The Best Employee
Engagement
• 2 Platinum Medals, 1 Gold Medal,
4 Silver Medals and 1 Bronze
Medal (Individual Category)
December 2020 The Asia Sustainabiity Reporting Gold National Center For
Rating 2020 Sustainability Reporting
December 2020 Indonesia Best Digital Marketing • Best Digital Marketing Champion in SWA
Champion 2020 Banking Category 2020
• 2nd Rank of Overall Winners Digital
Marketing Champion 2020
IDX Channel
Bank BTPN Innovation
Award
Investor Magazine
25
Infobank Awards
Financial Performance Full Year 2019
Predicate Excellent
Infobank
CERTIFICATION
Corporate Procurement
1 Management ISO 28 October 2019 28 October 2022 SGS
9001:2015
MANAGEMENT
REPORT
28 Report from The Board of
Commissioners
36 Report from The Board of
Directors
52 Statement of Member of The
Board of Commissioners
and Member of The Board of
Directors
T he Bank’s risk
management in 2020
is quite challenging. The
economy is affected by
the COVID-19 pandemic
and prompted the Bank
28 to swift its focus to come
up with policies related to
2020 Annual Report PT Bank BTPN Tbk
Performance Assessment Moreover, up until the end of fiscal year 2020, Bank
Considering the external conditions as well as the BTPN managed to achieve a net profit after tax (NPAT)
basis of assessment as reference, the Board of attributable to the owner of the parent entity of a
Commissioners concluded that the Board of Directors total amount Rp1.7 trillion. Even though it was lower
has generally succeeded in establishing Bank BTPN’s than the previous year, it was still regarded as a good
performance with good marks, although confronted with performance considering the crisis situation..
the difficult situation from the impact of the COVID-19
pandemic. MONITORING OF POLICY
IMPLEMENTATION
The management adopted a defensive position in
mitigating the impact of COVID-19 in the year 2020. The Board of Directors’ policy on mitigating the impact
Among others, mitigated the impact and risks by of the COVID-19 pandemic was the main concern to
selective disbursement of loans, proactively managed the Board of Commissioners, as the pandemic had
non-performing loan (NPL), cost of credit and carry out adversely impacted the activities of the business sector.
loan restructuring as well as significantly reduced cost Banking’s main activity, namely the credit disbursement,
of funds. decreased, while risks faced by the Bank increased.
Aside from focusing on the loans, the Board of For this reason, administering the Bank’s risk
Commissioners also witnessed the management’s effort management in the year 2020 was a big challenge.
30 to actively manage liquidity and financing as well as The economic conditions impacted by the COVID-19
to increase sustainable operational effectiveness. At pandemic have made policies related to restructuring
the same time, the Bank’s management continued to and handling of customers, who were impacted by
2020 Annual Report PT Bank BTPN Tbk
execute initiatives necessary to support the Bank’s the pandemic, a main concern of the Bank. The
future growth by constantly paying attention to the Board of Commissioners fully supported the policies
current situation. implemented by the Management which succeeded in
managing existing risks and maintained the Bank’s risk
Results of the management’s assessment are also profile composite index at level 2 (“low to moderate”).
noticeable from the good condition of the credit liquidity
and the adequacy of reserves. During the fiscal year, The Board of Commissioners also concluded that the
the Bank recorded the NPL ratio at only 1.21% (gross) Management’s strategic crisis action plans to cope with
and 0.5% (net), higher than the industry’s average. the impact of COVID-19 pandemic was effective. The
The Bank also continued with strict monitoring of the applied strategy, among others, included anticipative
mentioned portfolio. efforts on the changes and dynamics of the market as
well as developed scenarios and stress tests to simulate
The management’s attention was accurately focused potential impacts on the Bank’s business, which
on the micro, small and medium enterprises (MSME), included credit, liquidity and market risks.
commercial as well as consumer financing and shariah,
considering that these sectors were the most impacted Regarding the implementation of the weekly loan
segments. The Board of Commissioners impacted restructuring, the Bank submitted its report to OJK
segments. the management’s efforts were on the in accordance with prevailing OJK Regulation. The
right track in line with POJK No. 11/POJK.03/2020 Management established necessary steps to monitor
concerning “the National Economic Stimulus as the the customers under restructuring to ensure suitability
Countercyclical Policy on the Impact of the Spread of between the customers’ credit quality and the
2019 Corona Virus Disease” and its amendment POJK established Allowance for Impairment Loss (CKPN).
No. 48/POJK.03/2020 regarding the policy on the
extension of the relaxation period until 31 March 2020
for debtors impacted by COVID-19.
Internally, the Bank also took important steps in VIEWS ON BUSINESS PROSPECTS
the operational area, such as the split operations
and work from home procedures, supply of masks, Business prospects prepared by the Board of Directors
vitamins and other supports to the staff. The Board of were not only set for the year 2021, covered the period
Commissioners gave its full support to the management of 2021-2023. The Board of Commissioners accepted
in the steps undertaken such as the external policies the sufficient explanation on the subject, discussed and
on credit restructuring and internally in the operational understood the Bank’s Business Plan for the period of
areas. 2021-2023.
All the management’s applied policies were within the The Board of Commissioners acknowledged that
3 (three) core framework of policies in establishing the conditions of 2021 will remain challenging from
the Bank’s priorities and 8 (eight) strategic focuses the impact of the COVID-19 pandemic. To deal with
completed with the 3 (three) stages of implementation: this condition, Bank BTPN will continue to focus on
Stabilize, Synergize and Scale Up. proactively managing loan restructuring and customers
impacted by the pandemic. The Bank will also adopt a
This framework policy was excellent that its more conservative risk appetite for the year 2021 and
implementation was accurately directed. In addition, it plan to increase loans in stages in the following years.
allowed the management to have easier monitoring and
evaluation. Hence Board of Commissioners appreciated In the current economic recovery situation, BTPN would
the implementation of this framework. need to rely on the Corporate segment, given the Bank 31
risk appetite, core capability and the support of SMBC
Aside from the COVID-19 related issues, the Board global network to achieve faster income growth. In the
The Bank also developed mid-term plans of 3 (three) The management had decided to continue to invest in
years. In the second year, 2020, the Bank focused Jenius in order to maintain leadership in Indonesia’s
on Synergy, which involved the adoption of SMBC digital banking segment. Implementing digital strategies
global standards, integrated information technology will remain the Bank’s priority in all segments. This
(IT) system, and building synergy within the Bank and hopefully can support retail banking growth in the future.
other companies of the SMBC group in Indonesia. To
date, the Bank is developing its plans to transform its To support business growth, in addition to information
operation model to effectively and efficiently reach its technology development, the Bank will also strengthen
targets. its human resources and operations. The same thing
was also implemented in risk management, compliance
However, considering the ongoing COVID-19 situation, and GCG which will continue to be improved to
the Bank had to adapt to the conditions by applying maintain business sustainability.
new strategy or re-prioritizing strategy in order to steer
the performance of the Bank to what is regarded as a Another strategy to be implemented in the year 2021
good performance. Through such a strategy, the Bank is optimizing the portfolio of the pension business
hoped to continue to operate smoothly and become the and realigning resources to existing mature business.
trigger to economic growth. Business transformation and optimization of the
operation model shall also be enhanced.
Management Report
The Bank also increased the availability of low- Considering that business in the financial sector was
cost funds or the Current Account Saving Account very dynamic, the Board of Commissioners reminded
(CASA), balance, among others, through trade, cash the management to be ready to make necessary
management, treasury, and retail, which became the adjustments and development in GCG. The Board of
focus of the Bank. To maintain balance in business, the Commissioners will monitor this matter, while jointly
Bank will increase its fee-based income and efficiency with the Board of Directors ensure good business
in operational expenses. sustainability.
The above strategies prepared by the management Views on WBS Implementation and the Board of
have assured the Board of Commissioners that the Commissioners Involvement
Bank’s business prospects ahead, specifically for Implementation of the whistleblowing system (WBS) is
the year 2021, will be very good. Foremost, the an important part of GCG implementation. The Board
management’s ability to respond to COVID-19 pressures of Commissioners viewed that the implementation of
have shown good results. WBS within the Bank’s environment was appropriately
executed and would continue to be improved.
MECHANISM AND FREQUENCY IN
PROVIDING ADVICE As a form of support, the Board of Commissioners was
fully committed to implement and improve the overall
In carrying out its duties, namely to monitor the Bank’s sustainability of the Bank’s internal control. This was
32 business activities and provide advices to the Board aimed at prevention, detection, investigation, reporting
of Directors, the Board of Commissioners had 4 and evaluation by means of the Anti-Fraud Strategy
(four) assisting committees: Audit Committee, Risk Policy in BTPN. Fraud related matters was also one of
2020 Annual Report PT Bank BTPN Tbk
Monitoring Committee, Remuneration and Nomination the main focuses of the Risk Monitoring Committee.
Committee and the Integrated Governance Committee.
Within this context, the Board of Commissioners’
These committees were included as part of the involvement was namely in the aspect of prevention
supervisory and advising mechanism of the Board of and compliance. The Board of Commissioners will
Commissioners. Each committee submitted reports and continuously monitor the implementation of WBS as
recommendations on a quarterly basis to be discussed well as its follow-up.
in the Board of Commissioners meetings.
VIEWS ON THE IMPLEMENTATION OF
Discussions and monitoring of the recommendations CORPORATE SOCIAL RESPONSIBILITY
were carried out in the Board of Commissioners-Board
of Directors joint meetings at least once in 2 (two) The Board of Commissioners viewed the
months. In the year 2020, 7 (seven) joint meetings were implementation of corporate social responsibility
held. (CSR) as one of the important parts of good corporate
governance implementation in the Bank. Moreover,
VIEWS ON GCG IMPLEMENTATION this was contained in Law No. 40 of 2007 on Limited
Liability Companies and Government Regulation No.47
The Board of Commissioners regards the principles of 2012 on Social and Environmental Responsibilities of
of good corporate governance (GCG) as strong Public Companies.
fundamentals in maintaining the sustainability of the
Bank’s business. Banking is a part of financial services Implementation of CSR in BTPN was performed by a
that emphasized on the trust of the stakeholders as a special business unit, namely Daya. This arrangement
fundamental in business. showed the management’s commitment and
seriousness in implementing its CSR obligations, at
The Board of Commissioners’ monitoring of GCG the same time realizing the importance of maintaining
implementation within the Bank was conducted through balance between business goals, environmental
periodic assessments every year. In the year 2020, preservation as well as the empowerment of the
governance implementation performed by the Bank’s communities. Thus, there was an integration of
management was satisfactory, as reflected in the business mission and social mission or corporate share
governance self-assessment result of composite level 2 value.
(“Good”) rating.
The CSR implementation refers to 4 (four) pillars: APPRECIATION AND CLOSING
customer competency development, financial
management, sustainable life, and capacity to grow. The Board of Commissioners hereby extends its
The Board of Commissioners believed that such gratitude to the shareholders for the opportunity to
principles have become an important foundation be a part of the business journey of Bank BTPN until
in carrying out activities in the fields of social and the end of fiscal year 2020. The gratitude was also
environmental responsibilities. extended for the directives and guidance conveyed by
the shareholders.
CSR implementation which was also directed at
creating Sustainable Development Goals (SDGs), The Board of Commissioners also extends its
according to the Board of Commissioners was a very appreciation to the Board of Directors and all staff for
good initiative. SDGs were global commitments ratified the performance achieved during Fiscal Year 2020. To
by Indonesia. Therefore, Bank BTPN had become a the regulators, the Board of Commissioners expresses
part of the efforts to achieving the set of 17 SDGs. its gratitude for the guidance and supervision conveyed
that enabled the company’s business to operate
CHANGE IN THE COMPOSITION OF THE appropriately in accordance with prevailing regulations
BOARD OF COMMISSIONERS and business best practices during such difficult
challenges.
In the year 2020, a change in the composition of the
Board of Commissioners was ratified through 2 (two) To all stakeholders, the Board of Commissioners thank 33
General Meeting of Shareholders (GMS). The first, GMS you for the ongoing cooperation to date. With the
in April 2020 that ratified the resignation of Mari Elka support of all the stakeholders, the management was
34
2020 Annual Report PT Bank BTPN Tbk
2
1
3 5
4
3. Edmund Tondobala
Independent Commissioner
4. Ninik Herlani Masli Ridhwan
Independent Commissioner
5. Irwan Mahjudin Habsjah
Independent Commissioner
Management Report
The above credit restructuring policy aims to cease Business Partner and Office Network
the NPL’s increasing surge and to provide relaxation In executing its main activities, the Bank has reached
to borrowers affected by COVID-19 in paying their most of the regions of Indonesia to service customers
installment obligations to the bank during the pandemic and the public at large, supported by 536 office
time. It is hoped that implementation of the stimulus network. Bank services are also supported by 225
policy can provide the banking sector wider room for automated teller machines (ATM).
liquidity and capital so that stability of the financial
sector can be well maintained in the midst of the BUSINESS PERFORMANCE IN 2020
pandemic.
Constraints and Challenges in the Year of the
THE BANK’S CONDITION DURING THE Pandemic
FISCAL YEAR In conjunction with the COVID-19 pandemic, among the
challenges faced by BTPN was the policy on the Large-
Important Changes, Main Activities and Target Scale Social Restrictions as the government’s response
Market of the Bank to press the spread of the virus. This condition did not
In the beginning of 2020, the Bank has taken important only drastically slow down the economy, the Bank’s
steps in dealing with COVID-19, both in terms of activities were also impacted.
operations such as implementing split operations and
work from home, providing supplies of masks and The reduced in economic activities have resulted in
38 vitamins and other support to staff, and also in handling the decline in financing distribution. At the same time
credit restructuring that is required. loan expenses, on the other hand, increased. In such
condition, in line with the regulator’s policy, BTPN
2020 Annual Report PT Bank BTPN Tbk
With changes in the external environment due to focused on the loan restructuring management as well
COVID-19, the bank has reviewed its strategies in as on customers impacted by the COVID-19 pandemic,
certain areas as well as the bank’s operating model. and altogether adopted a more conservative risk
The bank also conducts an assessment of the way of appetite. Such risk management policy is especially
working (new way of working) in the new normal period. aimed for the segments that are mostly impacted.
Meanwhile main activities of BTPN during the fiscal year Bank Indonesia’s policy responded to the slowing down
2020 did not experience any change. All remained in of economic activities by reducing the benchmark
operation in accordance with the Company Articles of interest rate. The policy, on the one hand caused the
Association, namely collecting funds from the public Bank to succeed in reducing the interest expense.
and channel them in the forms of financing, both under However, on the other hand, the policy has pressed the
conventional system as well as shariah. Furthermore, Bank’s Net Interest Margin (NIM).
the Bank performed other activities related to banking
services. For that reason, the Bank has had to constantly monitor
customers under restructuring to ensure suitability
As for the target market, in the midst of occurring between the customer credit quality and the Reserve
circumstances, the Bank focused on maintaining for Impairment Loss established to avoid additional
relationships with customers from all segment, focuses expenses.
primarily on affected MSME debtors, provides financial
solutions suitable to debtors’ conditions and handle The COVID-19 pandemic did not only affect the
potential loan restructuring. This was carried out as a business world, including the Bank, but also generated
direction for the Bank’s business strategy to respond to a variety of changes in behavior. For that reason, the
the COVID-19 pandemic situation. Thus the Bank can Bank’s operational performance has had to adapt
handle the situations and mitigate the impact and risk of through the work from home provision as the new way
COVID-19 throughout 2020. to work under the new normal conditions.
Changes also occurred in the customers’ behaviors, In conjunction with that, the Bank also managed to
which increasingly became active in using digital reduce cost of funds as well as actively managed
banking in their transactions. This caused positive liquidity and financing. Operational expenses were also
impact for BTPN, as the use of the Bank’s featured of special concern, because the Bank was more vigilant
product, Jenius, escalated. Until the end of the year towards operational risks and continued to improve the
2020, the total number of users of Jenius increased effectiveness of the operations.
by 26.92% (year on year) to 3.1 million and the total
transaction grew by 70.19%. In the meantime, regarding the implementation of the
Strategy and Initiative Post-Merger with Bank Sumitomo
Strategic Policy Response Mitsui Indonesia (SMBCI) on 1 February 2019, in the
In response to the challenges of COVID-19 pandemic year 2020 the Bank focused on improving the synergy.
in the year 2020, BTPN implemented its strategic crisis Among others, by adopting the SMBC global standards
action plans to mitigate the impact and risks arising and integrated it with the information technology (IT)
from the spread of the virus. In financing, the Bank was system and developed a business synergy. The Bank
more selective in disbursing its credit and proactively was also developing plans to transform its operation
managed NPL, loan restructuring and loan expenses. model in order to effectively and efficiently achieve its
goals.
In relation to the loan restructuring, the Bank, among
others, adjusted its provisions and procedures of Innovation Through Digital Development
implementing relaxation and restructuring for borrowers An obvious phenomenon resulted from the COVID-19 39
impacted by COVID-19. This included provisions pandemic, is the changes in activities and services
related to the criteria of borrowers’ who opted for of the business world, including the financial sector,
Digital development has improved the Bank’s business Target and Realization Comparison
efficiency, among others through efficiency in time and A big challenge faced by the national economy has
cost. The Bank also became faster in responding to pressed the business sector, including banking.
market changes. In the end, digitalization has increased Similarly, as experienced by Bank BTPN, several
customers’ satisfaction. business targets were not achieved.
In the year 2020, the Bank also specifically supported The impact faced by the Bank was mainly felt in the
digitalization for cooperatives and the Micro, Small micro, small and medium-scale enterprises (SME),
and Medium Enterprises (MSME). Such digital literacy as well as in the commercial, consumer financing
can become the solution for its development and and the shariah segments. Nevertheless, overall
competitive edge, especially considering that COVID-19 the Bank managed to record quite a satisfactory
has generate new behaviors in transactions, namely financial performance, with a sound growth and strong
minimized physical contact. fundamentals.
The Bank’s Performance Achievement In disbursing loans, for example, from the expected
Until the end of fiscal year 2020, BTPN posted a net increase target of 5-7%, the actual disbursement
profit after tax (NPAT) attributable to the owner of the dropped by 3.9%. This was due to the COVID-19
parent a total of Rp1.7 trillion, 32.0% lower than the pandemic that business performance was hampered
Rp2.6 trillion posted in the year 2019. The decline and affect loans. The business segment which managed
in net interest income and the increase in Allowance to post growth was the Corporate and Shariah
for Impairment Losses as an impact of the COVID-19 Financing segments, each posted growth of 3.9% and
40 pandemic were among the causes of the decrease in 5.8% respectively.
profit.
With the Bank’s application of various strategies,
2020 Annual Report PT Bank BTPN Tbk
From the loan aspect, the amount disbursed by the end BTPN succeeded in logging a net profit above target
of the fiscal year totaled Rp136.2 trillion, slightly lower by 71.71% from the target set in the Bank’s revised
than the previous year. The decline in loan was caused Business Plan. Such achievement occurred especially
by the weakening of the business activities and higher due to the operational and loan reserve expenses which
loan repayment compared to the provision of new loan were lower than target. In addition, Bank BTPN also
facilities. Even the banking industry also experienced booked higher revenue in Syariah as more activities
loan contraction of 2.41% by the end of the year 2020. could be performed during 4th Quarter vs. earlier
anticipated due to COVID-19, as well as booked lower
Nevertheless, the Bank continued to adequately interest expense (lower cost of fund) from reduction in
maintain credit quality as visible through the level of benchmark rate. Several of the target and realization
Non-Performing Loan (NPL). During the fiscal year, the indicators are presented in the table below.
Bank recorded NPL ratio at 1.21% (gross) and 0.50%
(net). Such an achievement exceeded the industry’s Target and Realization Comparison
average.
2020
Description 2020 Target
Realization
From the Third-Party Funds (TPF) aspect, an increase
Loan Growth 5-7% -3.9%
of 15.93% was posted, mostly due to Jenius and
Corporate banking. The increase in TPF was balanced Deposit Growth 16-18% 15.9%
by the decrease in deposits from other banks and Capital Adequacy Ratio >22% 25.6%
borrowings that overall total liabilities was stable if ROA <1% 1.4%
compared to the previous year. ROE >3% 6.1%
2021 BUSINESS PROSPECT ANALYSIS the Bank will conduct selective lending to maintain the
AND IMPORTANT EVENTS ESTIMATED TO loan quality, and the Bank will also increase fee-based
OCCUR IN THE FUTURE income along with the increase in Transaction Banking
and Treasury businesses. The Bank will invest and
Business Prospects manage the needs of these areas in order to generate
BTPN predicts the economy in the year 2021 will begin additional income to support business growth paths in
to enter the recovery phase. This is in line with the times ahead as well as rebuilding the Small Medium
government’s target for economic growth of 5.00% as Enterprise business and Consumer Financing as well as
disclosed in the 2021 State Budget. Such confidence to improve operation efficiency.
must surely be complemented with the assumption
that vaccination efforts will run according to plans and In addition, BTPN will continue to invest in Jenius to
targets, which are to press the rapidity of the spread of maintain leadership in Indonesia’s digital banking, so
COVID-19. that it can sustain retail banking growth in the future.
The Bank will also optimize portfolio the pension
Thus, in the year 2021 there will remain uncertainties business segment and align the Bank’s resources
that must be seriously attended to. For that reason, in Mature Business, as well as continue to conduct
the Bank shall balance the short-term objectives with business transformation and optimize its operation
the long-term ones in order to create good business model.
prospects as we all hope for. A number of strategies
prepared include the following: Digital strategy will continue to be the Bank’s priority in
- Maintain and prepare for a rebound: Continue with all segments. For this, strengthening the information
42 loan restructuring, improve system and capability, technology, the human resources, compliance and GCG
governance, operation model and operational are necessary to support business growth and become
excellence. the Bank’s central attention and focus into the future.
2020 Annual Report PT Bank BTPN Tbk
In accordance with the Financial Services Authority Part of the sustainable development in the year 2020
Regulation (POJK) No. 21/POJK.04/2015 and the was focused on preparation of the new IT Strategic
Financial Services Authority Circular Letter (SEOJK) Planning (ITSP) for the period of 2020-2022. This was a
No. 32/SEOJK.04/2015 on the Governance Guidelines response on the Bank’s merger as well as an effort to be
for Public Companies, the Bank has implemented the prepared to face future conditions.
aspects and principles of good corporate governance
based on “comply or explain” approach.
The focus of IT activities during the fiscal year, among
In the year 2020, the Bank has conducted several others, was the Bank’s consolidated core application
changes related to GCG implementation. Among them which comprised of the core banking system,
was the periodic review on the policies/ procedures on supporting application of the corporate banking function 43
the procurement of goods and services as well as on and other non-core banking applications. The objective
anti-fraud. was to simplify the application architecture post-merger.
Organizing training programs is not only focused on Fourth, to become an empowerment inspiration for
developing competency that supports business, but it Indonesia. Among its realization was the cooperation
is also designed to prepare employees in facing new with the University of Trisakti and the Business School
habits, including the new way of working. Among of IPB University, where Daya performed a volunteer
others is through the 493-hour training related to program followed by some 207 students from the two
leadership and information technology. campuses.
The culture and leadership alignment programs in all Fifth, to support the implementation of the Sustainable
levels of the organization are also conducted through Finance initiative in accordance with OJK Regulation
a communication program of the corporate vision, No. 51/ POJK.3/2017 on the Implementation of
mission and values to all employees. The head office Sustainable Finance for Financial Services Institutions,
management, including the Board of Directors for Issuers and Public Companies. To support the initiative,
example, takes on visits to branch offices, as well BTPN has carried out various things such as increasing
as the formation of change agents and program the sustainable finance portfolio for corporate customer,
implementation to increase employee engagement. training related to sustainable finance for employees
and developing procedures related to sustainable
CORPORATE SOCIAL RESPONSIBILITY finance.
IMPLEMENTATION
CHANGE IN THE COMPOSITION OF THE
Implementation of the Corporate Social Responsibility BOARD OF DIRECTORS
(CSR) in BTPN’s environment is carried out by Daya. In
44 the year 2020, Daya has actualized 5 (five) main pillars In the year 2020, there was a change in the composition
in the effort to improve the program quality and expand of the Board of Directors of BTPN. Through the
its scope of service. Extraordinary General Meeting of Shareholders (EGMS),
2020 Annual Report PT Bank BTPN Tbk
45
46
2020 Annual Report PT Bank BTPN Tbk
2 4 5
1 3
7
6 9 10
8
6. Kazuhisa Miyagawa
Deputy President Director
7. Merisa Darwis
Director
8. Yasuhiro Daikoku
Director
9. Hanna Tantani
Director
10. Hiromichi Kubo
Director
Management Report
48
2020 Annual Report PT Bank BTPN Tbk
2 4
1 3
1. Nathan Christianto
Head of Wholesale Banking
2. Mira Fitria
Head of Human Capital
3. Helena
Head of Wealth Management Business
4. Irwan Sutjipto Tisnabudi
Head of Digital Banking
49
5 6 8
7
5. Jeffrey C. Tjoeng
Head of Business Banking
6. Nurhajati Soerjo Hadi
Head of Internal Audit
7. Jeny Mustopha
Head of Information
Technology
8. Vincentius Hidayat
Head of Retail Lending
Business
Management Report
Executive Officers
50
2020 Annual Report PT Bank BTPN Tbk
2020 Annual Report PT Bank BTPN Tbk
51
Management Report
We, the undersigned, declare that all information contained in the 2020 Annual Report of
PT Bank BTPN Tbk has been presented in their entirety, and that we assume full responsibility for the accuracy
of the contents of the Annual Report of PT Bank BTPN Tbk.
52
Board of Commissioners
2020 Annual Report PT Bank BTPN Tbk
* note: Kazuhisa Miyagawa has resigned as Deputy President Director effective after the closing of the Extraordinary General Meeting of
Shareholders on 18 November 2020 (EGMS). EGMS accordingly agreed the appointment of Kaoru Furuya as Deputy President Director
who effectively assumes the office as of 4 January 2021 after obtaining the completed working permit from the Ministry of Manpower of
the Republic of Indonesia
COMPANY
PROFILE
56 General Information 88 Profile of Executive Officers
57 Brief History of The Company 91 Employee Statistics
58 Milestones 97 Ownership Structure
60 Line of Business 98 Composition and Profile of the
61 Product and Services Shareholders
62 Organizational Structure 98 Information on Ultimate Parent Entity
64 Vision, Mission & Main Values 99 Information on Majority Shareholders
66 Profile of The Board of Commissioners 102 List of Subsidiaries
71 Profile of The Board of Directors 102 Branch Offices
81 Audit Committee 103 Chronology of Share Listing
83 Risk Monitoring Committee 104 Chronology of Other Securities Listing
85 Remuneration and Nomination 105 Names and Addresses of Capital
Committee Market Institutions and/or Supporting
86 Integrated Governance Committee Institutions
106 Information on The Corporate Website
General Information
Share Code
BTPN
Milestones
• Established in Bandung, In 2008, TPG Nusantara S.à.r.l. • BTPN launched its micro - small BTPN increased its assets to
West Java, under the name acquired a majority stake business unit, namely BTPN Mitra Rp34.5 trillion from Rp13.7
Bank Pegawai Pensiunan (71.6%) in BTPN through a Usaha Rakyat, by rolling out 539 trillion two years prior. The
Militer (Bapemil). public listing on the Indonesia branches and increasing the unit’s Bank ranked 10th in market
• In 1960, acquired a Stock Exchange. At this time, loans to Rp2.3 trillion. capitalization, ranked 5th in the
commercial bank license. BTPN became a publicly listed • The Bank issued its first Rupiah size of its branch network,
• In 1986, changed its name company with assets of Rp13.7 long term bond, which carried an and ranked 6th in the number of
to PT Bank Tabungan trillion. A+ national scale Fitch Rating, and employees.
Pensiunan Nasional. received a long-term Rupiah facility
from the International Finance
Corporation, a subsidiary of The
World Bank.
58
1958-1986 2008 2009 2010
2020 Annual Report PT Bank BTPN Tbk
59
2011 2012 2013
Line of Business
LINE OF BUSINESS IN ACCORDANCE WITH 8. Provide placement of funds from customers to
THE ARTICLES OF ASSOCIATION other customers in the forms of securities, both
listed and non-listed at the Stock Exchange;
A. Main Business Activities 9. Purchase collaterals through public sale or other
1. Collect funds from the public in the forms means, in whole or partial, in the event debtors
of current accounts, time-deposits, deposit fail to perform their obligations to the Bank,
certificates, savings and/or others of similar provided that the purchased collaterals are to be
forms; liquidated immediately;
2. Provide long-term, mid-term as well as 10. Conduct factoring activities, credit card business
short-term credit lines, or other forms of loan and trusteeship;
appropriately provided by banks. 11. Conduct equity capital in banks carrying out
sharia-based business, in accordance with
B. Supporting Business Activities: regulations setforth by authorized agencies in
1. Issue acknowledgement of debt; the banking sector;
2. Purchase, sell or guarantee for its own-risk or 12. Conduct activities in foreign currencies by
for the interests and upon the request of the complying to regulations setforth by authorities;
customer: 13. Conduct equity capital in banks (including sharia
60 a. Money orders/drafts, including those banks) or other companies in such financial
accepted by the Bank with validity period sector as in lease business, venture capital,
not longer than usually applicable in normal securities companies, insurance, as well as in
2020 Annual Report PT Bank BTPN Tbk
Organizational
Structure
BOARD OF DIRECTORS COMMITTEES
DEPUTY PRESIDENT
DIRECTOR
Kaoru Furuya*
DIRECTOR OF DIRECTOR OF
DIRECTOR OF DIRECTOR OF DIRECTOR OF RISK COMPLIANCE &
CORPORATE DIRECTOR OF WHOLESALE BANKING TREASURY OPERATIONS MANAGEMENT
BANKING JAPANESE Adrianus Dani Prabawa LEGAL
Hiromichi Kubo Merisa Darwis Henoch Munandar
62 Yasuhiro Daikoku Dini Herdini
2020 Annual Report PT Bank BTPN Tbk
HEAD OF HEAD OF
BUSINESS WHOLESALE
BANKING BANKING
Jeffrey Cheanandro Nathan Christianto
Tjoeng
Consumer Finance
Special Project
Ir. Ernin Saleh
Hasibuan
BOARD OF COMMISSIONERS
PRESIDENT DIRECTOR
Ongki Wanadjati Dana Risk Monitoring Remuneration and
Committee Nomination Committee
Integrated Governance
Audit Committee
Committee
DEPUTY PRESIDENT
DIRECTOR
Darmadi Sutarto
Vision
To become the first choice bank in Indonesia, that
provides significant change in the life of millions of
people, mainly with the support of digital technology.
64
Mission
2020 Annual Report PT Bank BTPN Tbk
Speed
65
Customer Proactive &
Integrity & Synergy
First Innovative
Quality
On Vision and Mission, the basic foundation of integration is to provide services for the customers
of SMBCI and BTPN in order to achieve their objectives and aspirations in the best possible means,
and expect a positive impact on the people of Indonesia. For that reason, the Bank will be the reliable
and trusted partner, capable of understanding and effectively fulfill the continuously evolving financial
needs of the customers.
The set Vision and Mission are in line with the joint business design as reflected in the summarized
joint-business plan. The Vision and Mission have also been reviewed by the Board of Commissioners
and the Board of Directors.
Company Profile
Profile of
The Board of Commissioners
Citizenship
Singaporean
Domicile
Singapore
Age
60 years at the end of Fiscal Year 2020
66 Educational Background
Business Administration in Finance from the National University of
Singapore (1984)
2020 Annual Report PT Bank BTPN Tbk
Concurrent Positions
• Member of the Remuneration and Nomination Committee of BTPN
• Managing Executive Officer, Co-Head of Asia Pacific Division and
Head of Asia Growing Markets Division of SMBC
Work Experience
• Bank Officer, United Overseas Bank (1984-1987)
• Head of Syndication for Asia of ABN Amro Bank Asia HQ
(1996-1997)
• Branch Manager/Managing Director of Societe Generale Bank
(1997-2000)
• Head of Syndication S.E. Asia of Sumitomo Bank Singapore
Branch (2000-2005)
• General Manager, Debt Capital Market Department and Joint
General Manager of SMBC Singapore (2005-2010)
• General Manager of Planning Department Asia Pacific Division of
SMBC (2011-2013)
• Managing Executive Officer, Co-Head of Asia Pacific Division and
Head of Asia Growing Markets Division of SMBC, Singapore
(2013-2020)
Domicile
Jakarta
Age
63 years at the end of Fiscal Year 2020
Educational Background 67
• Bachelor’s Degree in Economics from the University of Trisakti
(1983)
Concurrent Positions
• Chairman of the Audit Committee of BTPN
• Chairman of the Remuneration and Nomination Committee of
BTPN
• Member of the Integrated Governance Committee of the SMBC
Financial Conglomerate until 18 November 2020
Work Experience
• Senior Auditor at Utomo Accounting Office (SGV – Utomo) (1981-
1985)
• Last position as Head of Audit Development and Quality Control of
PT Bank Central Asia Tbk (1985-2012)
Affiliation
No affiliate relationship with the Board of Directors,
the Board of Commissioners and Controlling Shareholders
Citizenship
Japanese
Domicile
Singapore
Age
50 years at the end of Fiscal Year 2020
68
Educational Background
Bachelor of Arts in Business and Commerce from KEIO University
2020 Annual Report PT Bank BTPN Tbk
Concurrent Positions
• Member of the Risk Monitoring Committee of BTPN
• General Manager of Asia Growing Markets Department of SMBC
• Commissioner of PT Summit Oto Finance
Work Experience
• Vice President, International Finance Department, Sumitomo Bank
Ltd (2000-2001).
• Vice President for Global Institutional Banking Department (“GIBD”)
of SMBC, Vice President for GIBD Singapore, Group Head & Senior
Vice President for Global Trade Finance Department Singapore
(2002-2013),
• Senior Vice President for Emerging Markets Business Division
(“EMBD”) Singapore, Joint General Manager for EMBD Tokyo and
Joint General Manager for Business Development Department at
the International Banking Unit of SMBC (2013-2018).
Affiliation
Management relationship with the Controlling Shareholders
Takeshi Kimoto
Commissioner
Citizenship
Indonesian
Domicile
Jakarta
Age
73 years at the end of Fiscal Year 2020
69
Educational Background
• Bachelor’s Degree in Economics from Erasmus University
Concurrent Positions
• Chairman of the Risk Monitoring Committee of BTPN
• Chairman of Integrated Governance Committee of the SMBC
Financial Conglomerate
• President Commissioner of PT Sriboga Marugame Indonesia
Work Experience
• President Director of PT BT Securities Indonesia (1996-1999)
• Independent Commissioner of PT Bank Universal (1999-2000)
• Member of the People’s Consultative Assembly (MPR) from the
Group Delegation Fraction representing Indonesian Financial
Executives Association (IFEA) (2000-2004)
• President Director of PT ING Indonesia Bank (2000-2004)
• Commissioner of PT Sari Melati Kencana/Pizza Hut (2013-2016)
Affiliation
No affiliate relationship with the Board of Directors, the Board of
Commissioners and the Controlling Shareholders
Irwan Mahjudin Habsjah
Independent Commissioner
Company Profile
Citizenship
Indonesian
Domicile
Jakarta
Age
55 years at the end of Fiscal Year 2020
70
Educational Background
• Bachelor’s Degree in Economics from Drake University, Des
2020 Annual Report PT Bank BTPN Tbk
Concurrent Positions
• Member of the Audit Committee of BTPN
• Member of the Integrated Governance Committee of the SMBC
Financial Conglomerate
Work Experience
• Director of BCA Remittance Sdn Bhd Malaysia (2009-2011)
• Director of BCA Finance Hongkong (2011-November 2011)
• Head of Division of PT BCA Indonesia (2011- April 2020)
Affiliation
No affiliate relationship with the Board of Directors, the Board of
Commissioners and Controlling Shareholders
Pengalaman Kerja
• Direktur of BCA Remittance Sdn Bhd Malaysia (2009-2011)
• Direktur BCA Finance Hongkong (2011-November 2011)
Edmund Tondobala • Kepala Divisi di PT BCA Indonesia (2011-Aprl 2020)
Independent Commissioner
Profile of
The Board of Directors
Citizenship
Indonesian
Domicile
Jakarta
Age
63 years at the end of Fiscal Year 2020
71
Educational Background
Bachelor’s Degree in Mechanical Engineering from the Institut
Concurrent Positions
None
Work Experience
• Credit Cycle Manager – Consumer Banking of Citibank, N.A
(1987-1990)
• President Director of Bank Subentra (1993-1998)
• Senior Advisor of Bank Universal (1999-2000)
• Vice President Director of Bank Universal (2000-2002)
• Director of Wholesale Banking of Bank Permata (2002-2008)
• Vice President Director of PT Bank Tabungan Pensiunan
Nasional Tbk (2008-January 2019)
Affiliation
No affiliate relationship with the Board of Directors, the Board of
Commissioners and Controlling Shareholders
Citizenship
Japanese
Domicile
Jakarta
Age
55 years at the end of Fiscal Year 2020
72
Educational Background
Bachelor of Law from Gakushuin University, Jepang (1988)
2020 Annual Report PT Bank BTPN Tbk
Concurrent Positions
None
Work Experience
• Seoul Branch, Head of Planning Group, Korea of Sakura Bank
(1998-1999)
• Tokyo Corporate Business Office 1 and Global Corporate Banking
Dept. after merger, Staff (and Group Head later on) in Corporate
Business, Japan in SMBC (2000-2009)
• Seoul Branch, Joint General Manager, Korea of SMBC (2009-2013)
• President Director of PT Bank Sumitomo Mitsui Indonesia
(2014-January 2019)
Affiliation
No affiliate relationship with the Board of Directors, the Board
of Commissioners and the Controlling Shareholders
Kazuhisa Miyagawa
Deputy President Director
Citizenship
Indonesian
Domicile
Jakarta
Age
56 years at the end of Fiscal Year 2020
73
Educational Background
• Bachelor’s Degree in Civil Engineering from the University of
Concurrent Positions
None
Work Experience
• National Sales Manager of Citibank (1991-2000)
• EVP Sales & Distribution of Standard Chartered Bank (2000-2006)
• SVP Distribution of Bank Permata (2007)
• Consumer Banking Director of ABN Amro/RBS (2007-2010)
• Consumer Banking Director of PT Bank Negara Indonesia (Persero)
Tbk (2010-2015)
• Commissioner of PT Metro Retailmart (2015-2018)
• Commissioner of PT Trans Ice (2015-2018)
• Commissioner of PT Bank Mega Tbk (2015-2018)
• Group Director of PT CT Corpora Bank Mega (2015-2018)
Affiliation
No affiliate relationship with the Board of Directors, the Board
of Commissioners and the Controlling Shareholders
Darmadi Sutanto
Deputy President Director
Company Profile
Citizenship
Indonesian
Domicile
Jakarta
Age
55 years at the end of Fiscal Year 2020
74
Educational Background
Bachelor’s Degree in Law from the University of Trisakti, Jakarta (1987)
2020 Annual Report PT Bank BTPN Tbk
Concurrent Positions
None
Work Experience
• Legal Officer of PT Bank Sumitomo Niaga (1989-1993)
• Legal Manager of PT ING Bank (1993-1996)
• Head of the Legal Division of PT Bank PDFCI Tbk (1996-1999)
• Partner/Consultant in Law at Herdini & Partners Law Firm
(2000-2004)
• General Counsel & Corporate Secretary of PT Bank Danamon
Indonesia Tbk (2004- 2014)
• Director overseeing Compliance Function of PT Bank Sumitomo
Mitsui Indonesia (2014-January 2019)
Affiliation
No affiliate relationship with the Board of Directors, the Board
of Commissioners and the Controlling Shareholders
Dini Herdini
Compliance Director
Citizenship
Japanese
Domicile
Jakarta
Age
51 years at end of Fiscal Year 2020
75
Educational Background
Bachelor of Law from Keio University, Japan (1992)
Concurrent Positions
None
Work Experience
• Vice President of Sumitomo Bank (1999-2001)
• Section Head, Senior Vice President of SMBC Bangkok Branch
(2006-2008)
• Senior Vice President of Sumitomo Mitsui Banking Corporation,
Japan (2011-2015)
• Deputy President Director of PT Bank Sumitomo Mitsui Indonesia
(2015-January 2019)
Affiliation
No affiliate relationship with the Board of Directors, the Board of
Commissioners, and the Controlling Shareholders
Yasuhiro Daikoku
Director
Company Profile
Citizenship
Indonesian
Domicile
Jakarta
Age
54 years at the end of Fiscal Year 2020
76
Educational Background
Bachelor’s Degree in Economics from the University of Atma Jaya,
2020 Annual Report PT Bank BTPN Tbk
Jakarta (1989)
Concurrent Positions
None
Work Experience
• Sub-Branch Manager Bank Susila Bakti (1991-1993)
• Account Manager of Panin Bank (1993-1995)
• Account Manager of PT Bogor Multifinance (1995-1995)
• Local Corporate Head-Senior Manager of Sanwa Bank Indonesia/
Bank United Financial of Japan (UFJ) (1995-2006)
• Co-Dept Head of Corporate Banking, Bank of Tokyo Mitsubishi
UFJ (2006-2006)
• Deputy SMEC Risk + Remedial Head of PT Bank Danamon
Indonesia Tbk (2006-2010)
• Deputy Head of Credit/Head of Credit Risk Management of SMEC
Bank DBS Indonesia (2010-2013)
• Director of PT Bank Sumitomo Mitsui Indonesia
(2014-January 2019)
Affiliation
No affiliate relationship with the Board of Directors, the
Board of Commissioners, and the Controlling Shareholders
Henoch Munandar
Director
Citizenship
Indonesian
Domicile
Jakarta
Age
53 years at the end of Fiscal Year 2020
77
Educational Background
Bachelors Degree in Financial Administration from University
Concurrent Positions
None
Work Experience
• Account Officer of PT Bank Dagang Nasional Indonesia (BDNI)
(1990-1992)
• Account Relationship Manager of Standard Chartered Bank
(1992-1995)
• Senior Marketing Manager of PT BII Lend Lease (1995-1996)
• Vice President of ING Bank (1996-2003)
• Managing Director of PT Bank DBS Indonesia (2006-2014)
• Deputy President Director of PT Bank Sumitomo Mitsui Indonesia
(2014-January 2019)
Affiliation
No affiliate relationship with the Board of Directors, the Board of
Commissioners, and the Controlling Shareholders
Citizenship
Japanese
Domicile
Jakarta
Age
50 years at the end of Fiscal Year 2020
78
Educational Background
Bachelor of Commercial Science from Kobe University, Hyogo, Japan
2020 Annual Report PT Bank BTPN Tbk
(1992)
Concurrent Positions
None
Work Experience
• Manager of Foreign Exchange Group Trading Department of
Sakura Bank (1999-2001)
• Senior Vice President, Trading Group, Treasury Department of
SMBC New York Branch Office, (2006-2009)
• Head of Treasury, Treasury Department of SMBC Sydney Branch
Office (2011-2014)
• Deputy General Manager, Head of Treasury of Sumitomo Mitsui
Banking Corporation (SMBC) Sydney Branch Office (2014-2015)
• Joint General Manager, Planning Department, Treasury Unit of
SMBC, Tokyo (2015-2016)
• Treasury Director of PT Bank Sumitomo Mitsui Indonesia
(2016-January 2019)
Affiliation
No affiliate relationship with the Board of Directors, the Board of
Commissioners, and the Controlling Shareholders
Hiromichi Kubo
Director
Citizenship
Indonesian
Domicile
Jakarta
Age
53 years at the end of Fiscal Year 2020
79
Educational Background
• Bachelor’s Degree in Economics (Accounting major) from the
Concurrent Positions
None
Work Experience
• Staff, Credit Operations & Trade Services, Management
Accountant, Manager Treasury Operations, AVP Treasury Services,
VP Global Payment & Cash Management, VP Credit Operation,
VP Area Finance of HSBC (1990-2004)
• Market Controller of American Express Bank (2004-2008)
• Financial Controller of Standard Chartered Bank (2008-2009)
• SVP MI Planning & Analysis of KCBA HSBC Indonesia (2009-2014)
• Finance Director of PT Bank HSBC Indonesia (2014-2018)
• Chief Financial Officer of PT Bank BTPN Tbk (2018-2019)
Affiliation
No affiliate relationship with the Board of Directors, the Board of
Commissioners, and the Controlling Shareholders
Hanna Tantani
Director
Company Profile
Citizenship
Indonesian
Domicile
Jakarta
Age
53 years at the end of Fiscal Year 2020
80
Educational Background
Bachelor’s Degree in Information Technology from Institut Teknologi
2020 Annual Report PT Bank BTPN Tbk
Bandung/ITB (1991)
Concurrent Positions
None
Work Experience
• Programmer/Analyst of USI/IBM Jakarta (1992-1993)
• Operations – Head of Control & Reporting, Head of Transaction
Services, Head of Control & Support, Head of Consumer IT &
Country IT Finance, and Head of IT QA, Privacy Officer and BISO
(Business Information Security Officer) of Citibank, N.A., Indonesia
(1996-2009)
• Operations - Head of Internal Control, Bank Barclays Indonesia
(2009-2010)
• HR & Internal Control Director of Bank Barclays Indonesia
(2010-2011)
• Head of the Internal Audit of PT Bank Tabungan Pensiunan
Nasional Tbk (2011-2016)
• Head of Operations of PT Bank Tabungan Pensiunan Nasional Tbk
(2017-January 2019)
Affiliation
No affiliate relationship with the Board of Directors, the Board of
Merisa Darwis Commissioners, and the Controlling Shareholders.
Director
Audit Committee
Citizenship
Indonesian
Domicile
Jakarta
Age
59 years at the end of Fiscal Year 2020
81
Educational Background
• Bachelor’s Degree in Economics (accouting Major) from
Concurrent Positions
None
Work Experience
• Audit Staff at PT Bank BCA Tbk (1986)
• Deputy Head of the Audit Division at PT Bank BCA Tbk (2016)
Citizenship
No affiliate relationship with the Board of Directors,
the Board of Commissioners and Controlling Shareholders
Citizenship
Indonesian
Domicile
Bogor, West Java
Age
77 years at the end of Fiscal Year 2020
82 Educational Background
Bachelor’s Degree in Economics (Accounting major), University of
Padjadjaran (1971)
2020 Annual Report PT Bank BTPN Tbk
Concurrent Positions
• Member (Independent Party) of the BTPN Risk Monitoring
Committee until 18 November 2020
• Member of the Professional Honors Board at the Risk Management
Association (PRIMA)
• Chairman of the Certification Board of the Indonesian Audit
Committee Institute.
Work Experience
• Managing Partner and Chairman of KPMG Indonesia (1978-1999)
• Founder and Senior Partner of KAP Kanaka Puradiredja, Suhartono
(2000-2007)
• Head of the Honorary Board of IAI (2002-2010)
• Head of the Management Board of the Indonesian Institute of the
Audit Committees (2004-2010)
• Concurrently remains as Chairman of the Certification Board of the
Indonesian Institute of the Audit Committee
• Concurrently remains as Honorary Member of Professionals in Risk
Management Association (PRIMA)
Affiliation
Kanaka Puradireja No affiliate relationship with the Board of Directors, the Board of
Member (Independent Commissioners, and the Controlling Shareholders
Party) of Audit Committee
Risk Monitoring Committee
Citizenship
Indonesian
Domicile
Jakarta
Age
62 years at the end of Fiscal Year 2020
Educational Background 83
• MBA I Finance from John. M. Olin School of Business, Washington
University, St. Louis, USA (1993)
Concurrent Positions
None
Work Experience
He started his career in 1984 as an Account Officer at PT Bank
Exim, then continued as a Bureau Head, a Commissioner at PT Exim
Securities and Group Head at PT Bak Mandiri. He was also GARP’s
Regional Director (2005), Deputy Head of IRPA (2006) and CEO &
President Director of the Risk Forum School of Finance since 2007 until
present
Affiliation
No affiliate relationship with the Board of Directors, the Board of
Commissioners, and the Controlling Shareholders
Sofyan Rambey
Member (Independent
Party) Risk Monitoring
Committee
Company Profile
Citizenship
Indonesian
Domicile
Jakarta
Age
61 years at the end of Fiscal Year 2020
84
Educational Background
Bachelor of Accounting from University of Gadjah Mada in 1983.
2020 Annual Report PT Bank BTPN Tbk
Concurrent Positions
None
Work Experience
• Executive Vice President-Head of Network & Services (2004-2005)
and Executive Vice President - Head of Subsidiaries & Special
Asset Management (2002-2003)
• Executive Vice President - Head of Retail Sales & Services (2006-
2007)
• Executive Director-Compliance & Human Resources of PT Bank
Niaga Tbk (2007-2008).
• Executive Director - Compliance & Human Resources of PT Bank
Bumiputera Indonesia Tbk (2009-2011)
• Advisor, Asset Restructuring and Recovery of PT Bank CIMB Niaga
Tbk (2011-2016)
• Audit Committee & Risk Monitoring Committee PT Bank BTPN Tbk
(2016-2019)
Affiliation
No affiliate relationship with the Board of Directors, the Board of
Yosef Antonius Boliona Commissioners, and the Controlling Shareholders
Badilangoe
Member (Independent
Party) Risk Monitoring
Committee and Integrated
Governance Committee
Remuneration and Nomination
Committee
Citizenship
Indonesian
Domicile
Jakarta
Age
43 years at the end of Fiscal Year 2020
Educational Background
• The London School of Economics and Political Science (LSE), UK. Post 85
Graduate Reseach, Organisational Psychology (2004 - 2006)
• Lancaster University, UK. Master of Arts (MA) in Organisational Analysis
Concurrent Positions
None
Work Experience
• Citibank Indonesia
- Management Associate Citibank Indonesia (2001-2002)
- Investment, Treasury and Insurance Compliance Manager Citibank
Indonesia (2002-2003)
• Regional Management Associate: Consumer Bank Training &
Development Manager Citibank Asia Pacific Consumer Bank, Singapore
(2003-2004)
• Leadership, Talent and Performance Management Head CITI Indonesia
(2006-2008)
• HR Generalist for Retail Bank, Consumer Finance, Risk Management
and Financial Control CITI Indonesia (2008-2013)
• Senior HR Business Partner Microsoft Indonesia (2013-2014)
• Human Resources Director Microsoft Indonesia (2014-2016)
• CHRO - Corporate Affairs & Sustainability, Human Resources, Technology,
and Strategy Management The Body Shop Indonesia (2017-2019)
• VP of Human Resources Danone Waters Indonesia (2019-2020)
• Head of Human Capital, PT Bank BTPN Tbk (2020-Present)
Mira Fitria
Member (HC Executive Affiliation
Officer) Remuneration and No affiliate relationship with the Board of Directors, the Board of
Nomination Committee Commissioners, and Controlling Shareholders
Company Profile
Citizenship
Indonesian
Domicile
Jakarta
Age
61 years at the end of Fiscal Year 2020
86
Educational Background
Bachelor’s and Master’s Degrees in Law, in 1984 and 2005 respectively,
2020 Annual Report PT Bank BTPN Tbk
Concurrent Positions
Independent Commissioner of BTPN Syariah.
Work Experience
• PT Indosat (1985-1999)
• Head of Chairman Office at the Indonesia Bank Restructuring
Agency (1999-2000)
• Secretary to Junior Minister of the Ministry for National Economic
Restructuring-RI (2001)
• Commissioner of PT Indosat Mega Media Mobile (2002-2003)
• Commissioner of PT Satelindo (2002-2003)
• Chief of Legal and Compliance of PT Indosat (2009-2010)
• Partners in Bahar and Partners Attorney At Law (2010-2013)
• Senior GM of Corporate Legal, Governance and Compliance and
Advisor to CEO at XL-Axiata Tbk (2013 - November 2018).
Affiliation
Dewie Pelitawati No affiliate relationship with the Board of Directors. The Board of
Member of Integrated Commissioners, and the Controlling Shareholders
Governance Committee
(Independent
Commissioner of BTPN
Syariah)
Citizenship
Indonesian
Domicile
Jakarta
Age
46 year at the end of Fiscal Year 2020
87
Educational Background
Bachelor’s Degree in Sharia from University of Islam Madinah in 1997
Concurrent Positions
None
Work Experience
• Chairman of the Sharia Supervisory Board at UUS PT Bank
Permata, Tbk (2008-present)
• Deputy Lecturer of PP Darul Rohman (2008-present)
• Deputy Secretary of MUI Fatwa Commission (2010-present)
• Chairman of the Sharia Supervisory Board at PT IMFI Syariah
(2012-present)
• Deputy Chairman of Bahtsul Masail Institute at PBNU
(2015-present)
Affiliation
No affiliate relationship with the Board of Directors, the Board of
Commissioners, and the Controlling Shareholders
Muhammad Faiz
Member of Integrated
Governance Committee
(Sharia Supervisory Board
of BTPN Syariah)
Company Profile
Profile of
Executive Officers
Joined
No. Name Education Level University Position
BTPN
1 Tatsuro Suzuki Bachelor Degree Aoyama Gakuin University 2019 Corporate Banking 2 Head
2 Karinda Listyani Bachelor Degree Ritsumeikan Asia Pacific 2019 Corporate Banking 3 Head
Rachmana University
3 Hiroaki Seguchi Bachelor Degree Tokyo University of Science 2020 Corporate Banking 4 Head
4 Tsuyoshi Nakayama Bachelor Degree Kobe University 2019 Corporate Banking 5 Head
5 Virni Anggia Septiranti Bachelor Degree Institut Ilmu Sosial Ilmu Politik 2019 KYC Onboarding Manager
Jakarta
6 Wibowo Kurniawan Bachelor Degree Universitas Bina Nusantara 2019 Corporate Banking
Business Planning Head
7 Fifi Bachelor Degree Tokyo International University 2019 Corporate Banking Loan
Reviewer Head
8 Nathan Christianto Master Degree University of Tokyo 2019 Head of Wholesale Banking
9 Intan Natalia Wijaya Bachelor Degree Sanata Dharma - Jogjakarta 2019 Transaction Banking &
Supply Chain Head
10 Margareth P. Santosa Master Degree Universitas Indonesia 2019 Commercial Banking Head
11 Wiwig Wahyu Santoso Bachelor Degree CSU Fullerton 2019 Deputy Head of Treasury
88 12 Eko Yanto SE Master Degree Universitas Padjadjaran, 2019 Treasury Interbank Head
Bandung
13 Slamet Riyadi S. Bachelor Degree Perbanas Institute 2019 Treasury Marketing Head
2020 Annual Report PT Bank BTPN Tbk
14 Rudiyanto Lie Master Degree Tokyo Institute of Technology 2019 Treasury Planning Head
15 Jeffrey Cheanandro Bachelor Degree Oklahoma State University 2020 Head of Business Banking
Tjoeng
16 I Ketut Sukadana Bachelor Degree Univ Brawijaya, Financial 2008 Business Incubation Digital
Management, Business SME & I-SME Head
Administration Faculty
17 Willem E.O Umboh Bachelor Degree Universitas Sam Ratulangi 2015 Business Banking Support
Manado Head
18 Sidik Waskito,ST Bachelor Degree Universiatas Sebelas Maret 2012 Business Banking Credit
Risk Head
19 Novri Irza Bachelor Degree Universitas Gadjah Mada 2019 Business Banking Policy &
Hidayattullah Control Head
20 P Canisius Soriton, SE Bachelor Degree Universitas Sam Ratulangi 2013 SME Head
Manado
21 Anita Natalia Bachelor Degree Universitas Trisakti 2013 Business Banking Strategy
Head
22 Fiandra Monica Affian Bachelor Degree Universitas Trisakti 2019 Consumer Finance Head
23 Erpantja Toho S. Bachelor Degree Universitas Sumatera Utara 2019 Micro Business Banking
Pasaribu Head
24 Yenny Lim Bachelor Degree Oregon State University 2019 Planning & Deputy CFO
25 Arif Suseno Bachelor Degree Universitas Indonesia 2019 Finance Technology &
Operations Head
26 Tanpanjana Bachelor Degree Stie Widya Wiwaha 2008 Financial Control Head
27 Masayoshi Higuchi Master Degree University of Rochester 2019 Alignment & Synergy Head
28 Jeny Mustopha Master Degree Emeritus Institute of 2020 Head of Information
Management Technology
29 Jufri Bachelor Degree Alexander Collage - Perth, 2013 IT Strategy & Planning
Western Australia Head
30 Andi Febri Cahyo Master Degree Others 2008 IT Business Enablement
Head
31 Hendra Rahardja Bachelor Degree Universitas Gunadarma 2019 IT Data Management Head
32 Setiasmo Master Degree Swiss German University 2017 IT Transaction Management
Head
33 Joko Kurniawan Bachelor Degree Binus Business School 2010 IT Digital Service
Enablement Head
34 Iman Triono Master Degree Others 2019 IT Special Projects 1
35 Lyzia Ariesta Bachelor Degree Universitas Padjadjaran 2009 IT Special Projects 2
36 Yudi Sukendro Master Degree Tu Delft, Netherland 2020 IT Special Projects 3
Joined
No. Name Education Level University Position
BTPN
37 Seiji Tamura Bachelor Degree Tokyo Institute of Technology 2020 IT Special Projects 4
38 Sendiaty Sondy SE Bachelor Degree Universitas Trisakti 2012 Portfolio Management &
Policy Head
39 Kusuma Adi Tarigan, Bachelor Degree Universitas Sebelas Maret 2016 Anti Fraud Management
SE Head
40 Heru Rustanto, SE Master Degree Universitas Tarumanagara 2014 Operational Risk
Management Head
41 Deni Master Degree Universitas Indonesia 2019 Market & Liquidity Risk
Management Head
42 Shigeaki Matsumoto Bachelor Degree The University of Electro- 2019 Risk Management Planning
Communications (Japan)
43 Takane Shiomi Bachelor Degree Waseda University 2019 Credit Risk Head
44 Husan Mahjudin Bachelor Degree Universitas Trisakti 2019 Loan Head
45 Jenny Susanto Bachelor Degree Monash University, Australia 2019 Credit Head
46 Nur Arini Bachelor Degree Universitas Indonesia 2019 Transaction Legal Head
47 Eddy Satria Nugraha Master Degree Sekolah Tinggi Manajemen 2019 Commercial Banking Credit
Sembiring Prasetiya Mulya (Jakarta) Risk Head
48 Tubagus Dimas Master Degree Magister Management Agribisnis 2019 Credit Planning Head
Andriadie - Institut Pertanian Bogor
49 Hari Suci Yuliastuti Bachelor Degree Universitas Gadjah Mada 2019 Anti Money Laundering &
CFT Head
50 Butet Sondang Sitepu Master Degree Universitas Gadjah Mada 2009 Compliance Head
51 Eneng Yulie Andriani Master Degree Universitas Indonesia 2019 Corporate Secretary Head 89
52 Argo Wibowo Master Degree Universitas Indonesia 2011 General Counsel
53 Andrie Darusman Bachelor Degree Universitas Indonesia 2015 Communications & Daya
Joined
No. Name Education Level University Position
BTPN
74 Ahmad Salman Farizy Master Degree Indonesia Banking School 2015 Funding & Corporate
Functions Audit Head
75 Iswandi Bachelor Degree Universitas Lampung 2019 Wholesale & Commercial
Banking Audit Head
76 Vincentius Hidayat Bachelor Degree Universitas Brawijaya Malang 2019 Head of Retail Lending
Business
77 Yose Parlinta,Sip. Bachelor Degree Universitas Gadjah Mada 2011 Business Solution &
Customer Experience Head
RLB
78 Medi Suharno, SE Master Degree Universitas Narotama Surabaya 2017 Business Risk Head RLB
79 Enrico Novian Bachelor Degree Universitas Indonesia 2008 Sales Distribution Head
Pension Business 1
80 Helmud Simanjuntak Master Degree Stie Ibek Jakarta 2020 Sales Distribution Head
Pension Business 2
81 Irradiatie Pierenika Bachelor Degree Universitas Gajah Mada 2010 Sales Distribution Head
Pension Business 3
82 Dewi Puspita Sari Bachelor Degree Universitas 2017 Strategic Partnership &
Relationship Management
Head Pension Business
83 Tri Sujatioadi Bachelor Degree Institut Teknologi Bandung 2010 Product & Sales
Management Head RLB
84 Helena Bachelor Degree Intstitut Pertanian Bogor 2008 Head of Wealth
Management Business
90 85 Rudyanto Kemal Bachelor Degree Universitas Gajah Mada 2009 Sales Management Head
WMB
86 Aegeus Hutama Master Degree Universitas Indonesia 2020 Wealth Product
2020 Annual Report PT Bank BTPN Tbk
Building leadership
Leadership Development
Departement Head 47 competencies, especially for Dynargie
Program (LDP) P2
leading a team
1 Chow Ying Hoong 1. Analysis of Economic Condition Impact from COVID-19 1. 31 March 2020
President Commissioner 2. Senior Officer Briefing on Financial Highlights of 2019 and Managing 2. 8 April 2020
the Bank through COVID-19
3. BTPN Leadership Workshop as part of the BTPN Operating Model 3. 5 June 2020
4. Impact Analysis of Economic Conditions due to COVID- 19 4. 9 June 2020
5. Session I - Leadership Alignment Workshop 5. 16 June 2020
6. Session II - Leadership Alignment Workshop 6. 18 June 2020
7. Session III - Leadership Alignment Workshop 7. 22 June 2020
8. BTPN : Refreshment Risk Certification (Mandatory) for all BOC 8. 1 September 2020
Members
9. Economic Outlook Seminar dari Creco Consultant Group 9. 20 October 2020
10. BTPN : Leadership Series: COVID-19 : Opportunities for MSMEs and 10. 10 December 2020
Digitization of Financial Services
11. PwC Future of Banking Event 11. 11 December 2020
3 Ninik Herlani Masli Ridhwan 1. Analysis of Economic Condition Impact from COVID-19 1. 31 March 2020
Independent Commissioner 2. Impact Analysis of Economic Conditions due to COVID 19 2. 9 June 2020
3. Risk Certification Refreshment (Mandatory) for all BOC members 3. 1 September 2020
4. Economic Outlook Seminar dari Creco Consultant Group 4. 20 October 2020
5. Leadership Series Training - Opportunities for MSMEs and 5. 10 December 2020
Digitization of Financial Services by Graham Wright (Microsave
Consulting)
4 Irwan Mahjudin Habsjah 1. Analysis of Economic Condition Impact from COVID-19 1. 31 March 2020
Independent Commissioner 2. Impact Analysis of Economic Conditions due to COVID-19 2. 9 June 2020
3. Program Pemeliharaan Sertifikasi BNSP 3. 30 June 2020
4. Regulasi dan Peran Pengurus (Dewan Komisaris dan Direksi) terkait 4. 12 August 2020
Kesehatan Bank
5. Etika Integritas dan Tata kelola di Industri Finansial 5. 25 August 2020
6. Risk Certification Refreshment (Mandatory) for all BOC members 6. 1 September 2020
7. Economic Outlook Seminar dari Creco Consultant Group 7. 20 October 2020
8. The Age of Digital Transformation : Enabling Organizations with 8. 19 November 2020
Artificial Intelligence During Market Transitions
9. Leadership Series Training - Opportunities for MSMEs and 9. 10 December 2020
Digitization of Financial Services by Graham Wright (Microsave
Consulting)
1 Ongki Wanadjati Dana – 1. Analysis of Economic Condition Impact from COVID-19 1. 31 March 2020
President Director 2. Impact Analysis of Economic Conditions due to COVID-19 2. 9 June 2020
3. Session I - Leadership Alignment Workshop 3. 16 June 2020
4. Session II - Leadership Alignment Workshop 4. 18 June 2020
5. Session III - Leadership Alignment Workshop 5. 22 June 2020
6. Executive Risk Management Certification Refresher 2020 6. 1 September 2020
7. Economic Outlook Seminar dari Creco Consultant Group 7. 20 October 2020
8. Egon Zehnder Talent Development Program 8. 4 December 2020
9. Leadership Series Training - Opportunities for MSMEs and 9. 10 December 2020
Digitization of Financial Services by Graham Wright (Microsave
Consulting)
2 Kazuhisa Miyagawa - 1. Analysis of Economic Condition Impact from COVID-19 (CreCo 1. 31 March 2020
Deputy President Director Consulting) 2. 9 June 2020
2. Impact Analysis of Economic Conditions due to COVID-19 3. 12 June 2020
3. MURAL Training for Leadership Workshop (PWC) 4. 16 June 2020
4. Session I - Leadership Alignment Workshop 5. 18 June 2020
5. Session II - Leadership Alignment Workshop 6. 22 June 2020
6. Session III - Leadership Alignment Workshop 7. 1 September 2020
7. Executive Risk Management Certification Refresher 2020 8. 20 October 2020
8. Economic Outlook Seminar dari Creco Consultant Group
3 Darmadi Sutanto – 1. Analysis of Economic Condition Impact from COVID-19 1. 31 March 2020
Deputy President Director 2. Impact Analysis of Economic Conditions due to COVID -19 2. 9 June 2020
3. Session I - Leadership Alignment Workshop 3. 16 June 2020
4. Session II - Leadership Alignment Workshop 4. 18 June 2020
5. Session III - Leadership Alignment Workshop 5. 22 June 2020 95
6. Executive Risk Management Certification Refresher 2020 6. 1 September 2020
7. Economic Outlook Seminar dari Creco Consultant Group 7. 20 October 2020
5 Yasuhiro Daikoku – Director 1. ALPS Masterclass: Leadership in a Digital Age 1. 20 February 2020
2. Analysis of Economic Condition Impact from COVID-19 2. 31 March 2020
3. Impact Analysis of Economic Conditions due to COVID -19 3. 9 June 2020
4. Session I - Leadership Alignment Workshop 4. 16 June 2020
5. Session II - Leadership Alignment Workshop 5. 18 June 2020
6. Session III - Leadership Alignment Workshop 6. 22 June 2020
7. Executive Risk Management Certification Refresher 2020 7. 01 September 2020
8. Economic Outlook Seminar dari Creco Consultant Group 8. 20 October 2020
6 Henoch Munandar – 1. Analysis of Economic Condition Impact from COVID-19 1. 31 March 2020
Director 2. Impact Analysis of Economic Conditions due to COVID- 19 2. 9 June 2020
3. Session I - Leadership Alignment Workshop 3. 16 June 2020
4. Session II - Leadership Alignment Workshop 4. 18 June 2020
5. Session III - Leadership Alignment Workshop 5. 22 June 2020
6. Executive Risk Management Certification Refresher 2020 6. 1 September 2020
7. Economic Outlook Seminar dari Creco Consultant Group 7. 20 October 2020
7 Adrianus Dani Prabawa – 1. ALPS Masterclass: Leadershipin a Digital Age 1. 20 February 2020
Director 2. Analysis of Economic Condition Impact from COVID-19 2. 31 March 2020
3. Impact Analysis of Economic Conditions due to COVID 19 3. 9 June 2020
4. Session I - Leadership Alignment Workshop 4. 16 June 2020
5. Session II - Leadership Alignment Workshop 5. 18 June 2020
6. Session III - Leadership Alignment Workshop 6. 22 June 2020
7. Executive Risk Management Certification Refresher 7. 1 September 2020
8. Indonesia Supply Chain Finance by IFC 8. 12 October 2020
9. Economic Outlook Seminar dari Creco Consultant Group 9. 20 October 2020
10. Ekonomi Nasional Outlook 2021: Year of Opportunity 10. 21 October 2020
11. OJK Institute Research Webinar 2020: The New Path on Digital 11. 27 October 2020
Talent, Holistic Leadership, and Social Fintech
12. Economic & Political Outlook 2021 12. 1 December 2020
Company Profile
8 Merisa Darwis - Director 1. Analysis of Economic Condition Impact from COVID-19 1. 31 March 2020
2. Delivering Engaging Customer Experience 2. 21 May 2020
3. Accelerating Corporate Banking Digitalization 3. 28 May 2020
4. Impact Analysis of Economic Conditions due to COVID-19 4. 4 June 2020
5. Session I - Leadership Alignment Workshop 5. 16 June 2020
6. Session II - Leadership Alignment Workshop 6. 18 June 2020
7. Session III - Leadership Alignment Workshop 7. 22 June 2020
8. Leadership Alignment Workshop 8. 9 July 2020
9. Executive Risk Management Certification Refresher 2020 9. 1 September 2020
10. Webinar Asia Banking Roundtable – Reinventing Banking 10. 10 September 2020
Distribution
11. Webinar Reimagining the next normal for Asia and the world 11. 12 October 2020
12. Economic Outlook Seminar dari Creco Consultant Group 12. 20 October 2020
13. Economic & Political Outlook 2021 13. 1 December 2020
9 Hiromichi Kubo - Director 1. Analysis of Economic Condition Impact from COVID-19 1. 31 March 2020
2. Impact Analysis of Economic Conditions due to COVID 19 2. 9 June 2020
3. Session I - Leadership Alignment Workshop 3. 16 June 2020
4. Session II - Leadership Alignment Workshop 4. 18 June 2020
5. Session III - Leadership Alignment Workshop 5. 22 June 2020
6. Executive Risk Management Certification Refresher 6. 1 September 2020
7. Economic Outlook Seminar dari Creco Consultant Group 7. 20 October 2020
9 Hanna Tantani - Director 1. Analysis of Economic Condition Impact from COVID-19 1. 31 March 2020
2. Accounting Impact of COVID-19 for Financial Services 2. 2 June 2020
3. Impact Analysis of Economic Conditions due to COVID-19 3. 9 June 2020
96 4. Session I - Leadership Alignment Workshop 4. 16 June 2020
5. Session II - Leadership Alignment Workshop 5. 18 June 2020
6. Session III - Leadership Alignment Workshop 6. 22 June 2020
7. Key Audit Matters in the Context of The New Audit Regulation 7. 30 June 2020
2020 Annual Report PT Bank BTPN Tbk
8. SMBC APD Town Hall & BOD Meeting I in July 2020 8. 7 July 2020
9. Leadership Alignment Workshop - Sponsor Meeting 9. 9 July 2020
10. PWC Webinar - robotic in finance 10. 6 August 2020
11. Discuss Lembaga Komisaris dan Direktur Indonesia (LKDI) Online 11. 12 August 2020
12. Townhall Meeting of Mr Oshima with BTPN`s Management 12. 26 August 2020
13. Risk Management Certification Refresher 2020 13. 1 September 2020
14. Sharing Session Work Flexible Arrangement @Microsoft 14. 18 September 2020
15. Sharing Session of Sustainable Finance 15. 06 October 2020
16. Exclusive - Indonesia Supply Chain Finance Webinar 16. 12 October 2020
17. Economic Outlook Seminar dari Creco Consultant Group 17. 20 October 2020
18. UNDANGAN CFO Forum Perbanas- Banking Update: Post 18. 23 October 2020
Implementasi PSAK 71 dan Isu-Isu Penerapannya
19. IBM Confirmation - Banking Executive Symposium: Extending the 19. 17 November 2020
Banking Ecosystem for the Platform Economy
20. KPMG Webinar Omnibus Law on Job Creation Webinar Series - 20. 18 November 2020
Manpower
21. 2020 Annual Technical Update - Financial Services Accounting & Tax 21. 20 November 2020
22. Egon Zehnder Talent Development Program 22. 1 December 2020
23. Economic & Political Outlook 2021 23. 1 December 2020
24. Leadership Series: COVID-19: Opportunities for MSMEs and 24. 10 December 2020
Digitization of Financial Services)
25. [Webinar] ASIFMA Virtual Event - IBOR Transition Series: A Local 25. 16 December 2020
Market Perspective - Indonesia IBOR
Ownership Structure
SUMITOMO MITSUI
FINANCIAL GROUP
(SMFG)
100%
Sumitomo PT Bank
PT Bank
Treasury Public Mitsui Banking Negara
Central Asia
Stock (< 5%) Corporation Indonesia
Tbk
(SMBC) (Persero)
1.17% 5.23% 92.43% 0.15% 1.02% 97
70.00%
PT Bank BTPN
Ultimate Shareholder
Syariah Tbk
Controlling
Shareholders
SMBC was established in April 2001 through the merger of two leading banks, namely The Sakura Bank, Lmited and
The Sumitomo Bank, Limited. SMFG was established in December 2002 through the shares transfer as a holding
company, and SMBC became a subsidiary fully-owned by SMFG.
Sumitomo Mitsui Banking Corporation (SMBC) and its business group offer various financial services centralized in
the banking business. SMBC is also engaged in the business of leasing, securities, credit cards, investments, house
ownership credit securities, venture capital and other credit facilities.
98
Information on Ultimate
2020 Annual Report PT Bank BTPN Tbk
Parent Entity
SUMITOMO MITSUI FINANCIAL GROUP
Sumitomo Mitsui Financial Group, Inc. (“SMFG”), established on 2 December 2002, is the holding company of
Sumitomo Mitsui Banking Corporation (“SMBC”), the Bank’s Controlling Shareholder. SMFG shares are listed on
the Tokyo Stock Exchange (First Section) and Nagoya Stock Exchange (First Section). SMFG business mission is to
grow and prosper together with the customers by providing them services of higher values; to maximize the values of
the shareholders through sustainable business growth; as well as to create a working environment that supports and
values hard-working employees with high motivation.
With the Head Office in Tokyo, Japan, SMFG is engaged in the management of banking subsidiaries and other
companies requiring the treatment as subsidiaries based on the Japanese Banking Regulations, as well as to conduct
ancillary functions and other functions holding companies are allowed to extend under the Japanese Banking
Regulations. Companies incorporated under the business group of SMFG are mostly engaged in commercial banking
through such financial services as : leasing, securities, consumer financing, finance, system development data
process, and asset management.
Sumitomo Mitsui Banking Corporation (“SMBC”), established in April 2001 through the merger of two leading banks,
The Sakura Bank, Limited and The Sumitomo Bank, Limited. Sumitomo Mitsui Financial Group, Inc. was established
on December 2002 as a bank holding company through the shares transfer, and SMBC becomes a subsidiary fully-
owned by SMFG. In March 2003, SMBC merged with The Wakashio Bank, Ltd.
With the headquarter in Tokyo, Japan, SMBC is currently one of the biggest banks in Japan, with its business network
spreading across the world, such as in Australia, Europe, Canada, Brazil and Indonesia. SMBC and its group of
companies offer various banking-concentrated financial services. SMBC owns banking businesses in 16 countries
outside of Japan. They are also engaged in such other businesses as leasing, securities, credit cards, investment,
home-ownershipp credit securities, venture capital and other related credit facility businesses.
In Indonesia, aside from the Bank, SMBC also has several other subsidiaries, namely PT Sumitomo Mitsui Finance 99
and Leasing Indonesia, PT Nikko Securities Indonesia, PT SBCS Indonesia, and PT Bank BTPN Syariah Tbk.
Board of Commissioners
Board of Directors
List of Branch
Subsidiaries Offices
Name of Company Description Total
Branch Office 61
Line of Business
• Universal 55
• Universal 234
Head Office Address • Sinaya 29
ATM 216
Total Asset
Rp16,435,005 (in million rupiah)
Operational Status
In operation
Chronology of
Share Listing
Following is description of BTPN’s shares listing chronology in Indonesia Stock Exchange
Phase II 20 - -
Phase IV 20 - -
Phase V 20 - -
Phase VI 20 - -
Phase V 20 - -
Company Profile
Chronology of Other
Securities Listing
Rating
Name of Date Principal Interest Maturity Rating
Currency
Bonds of Issue Amount (%) Date Period
2020 2019
Medium Term 14 June 2017 1,302,000,000,000 8.25 IDR 14 June 2020 idAAA idAAA 9 May 2017 -
Notes (MTN) II 14 June 2020
2017 PT Bank
Sumitomo
Mitsui
Indonesia
Public Offering 18 October 900,000,000,000 7.50 IDR 17 October AAA AAA 26 September
of Shelf 2017 2020 (idn) (idn) 2017 -
Registry Bond 17 October
Bank BTPN 2020
III with Fixed
Coupon Rate
Phase II Year
104 2017 Series B
Public Offering 27 November 799,000,000,000 7.55 IDR 26 November AAA AAA 6 September
of Shelf 2019 2022 (idn) (idn) 2019 -
2020 Annual Report PT Bank BTPN Tbk
Public Offering 27 November 201,000,000,000 7.75 IDR 26 November AAA AAA 6 September
of Shelf 2019 2024 (idn) (idn) 2019 -
Registry Bond 26 November
Bank BTPN 2024
IV with Fixed
Coupon Rate
Phase I Year
2019 Series B
Names and Addresses of
Capital Market Institutions
and/or Supporting Institutions
INDEPENDENT AUDITOR RATING AGENCY TRUSTEES
Siddharta Widjaja & Rekan PT Fitch Rating Indonesia PT Bank Permata Tbk
Wisma GKBI 33rd Floor DBS Bank Tower, 24th Floor, Gedung WTC II, 21st-30th Floor
Jl. Jend. Sudirman No. 28 Suite 2403 Jl. Jenderal Sudirman Kav. 29-31
Jakarta 10210 Jl. Prof. Dr. Satrio Kav 3-5 Jakarta 12920 – Indonesia
Jakarta 12940 – Indonesia Tel. +62 21 772 89928
Services Provided Tel. +62 21 2988 6800 Fax. +62 21 772 89928
Audit Fax. +62 21 2988 6822
PT Bank Mega Tbk
Cost Services Provided Menara Bank Mega
IDR8,500,000,000 (based on Corporate Rating and Securities Jl. Kapten P Tendean No. 12-14A
Engagement Letter - exclude VAT Issuance Rating Jakarta 12790 – Indonesia
& OPE) Tel. +62 21 791 75000 105
Cost Fax. +62 21 799 0720
Period of Assignment Annual Rating Fee Rp130 million
Services Provided
Corporate Rating and Securities
Issuance Rating
Cost
2020 Annual Rating Fee
Rp100 million (before VAT)
Period of Assignment
Until 1 May 2021
(Latest Rating: idAAA; Outlook
released on 8 May 2020)
Company Profile
Information on The
Corporate Website
106
2020 Annual Report PT Bank BTPN Tbk
Information contained in Bank BTPN’s website refers to provisions setforth by the Financial Services Authority
Regulations No. 8/POJK.04/2015 regarding Issuers’ or Public Companies’ Websites. All information may be accessed
by the public through the website www.btpn.com .
Available information includes the following:
Information Link
T
global financial market uncertainty is expected to
he coronavirus (COVID-19) pandemic has put subside in line with expectations of global economic
the global economy into recession in 2020 due improvements, including the fiscal policy direction
to restrictions on economic activity in an effort pursued by new US Administration, against a backdrop
to curb the spread of COVID-19. Nevertheless, of abundant global liquidity and persistently low interest
global economic performance continues to show rates. In response, an influx of capital has flowed to
improvement and is predicted to recover in 2021. Global developing economies, leading to currency appreciation
economic activity will continue to increase as various in various countries, including Indonesia.
countries rollout COVID-19 vaccinations, coupled with
ongoing fiscal and monetary policy stimuli. The global Domestic economic growth has gradually improved
economic recovery will primarily be driven by China and through to the end of 2020 and it is expected to
the United States, several advanced economies, such gradually gain momentum in 2021. Although lower than
as Europe and Japan, as well as developing economies, previously projected, several indicators in December
including India and ASEAN. Several early indicators in 2020 revealed ongoing improvements, including export
December 2020 pointed to ongoing global economic and import activity, the Manufacturing PMI as well
improvements. The Manufacturing and Services PMI as sales and consumer expectations. The national
in the US, China and India remain in an expansionary vaccination program, which began in earnest in January
phase. In addition, consumer confidence, particularly 2021, coupled with discipline in terms of implementing
in China and Europe, continues to grow along with COVID-19 protocols, will accelerate the domestic
business confidence in various jurisdictions. Recent economic recovery process.
global economic gains have increased world trade
111
2019 Corona Virus Disease. maintain optimism and overcome demand and supply
side problems in lending/financing from banks to the
The loan restructuring policy aims to restrain the rate of business sector, in order to boost national economic
increase in NPL and also provide relaxation for debtors recovery.
affected by COVID-19 in paying installments of their
obligations to banks during the pandemic. With the Payment System transactions, both cash and non-
implementation of this stimulus policy it is expected to cash, showed improvement in line with economic
provide more ample liquidity and capital for banks as to improvement, accompanied by accelerated economic
maintaining financial sector stability in the midst of the and financial digitalization. The value of payment
pandemic. transactions using ATMs, Debit Cards, and Credit Cards
in December 2020 was recorded at Rp 695.5 trillion,
Bank Indonesia has also responded, among others growing 1.36% (yoy), after contraction in November
through the reduction of benchmark interest rate, 2020 of 1.93% (yoy). Digital economic and financial
namely the 7-day (reverse) repo rate. Throughout the transactions continue to grow strongly in line with the
year, BI has reduced the interest rate for 5 (four) times, use of e-commerce platforms and digital instruments
from 5.00% in January 2020 to 3.75% in November. during the pandemic, as well as the strong public
Both the deposit facility and the lending facility also fell preference and acceptance of digital transactions.
to 3.00% and 4.50% respectively. This decision is in line This can be seen from the value of Electronic Money
with the need to boost economic growth, amidst low transactions (EU) in December 2020 amounting to Rp
inflation and relatively stable rupiah exchange rate. This 22.1 trillion, or growing 30.44% (yoy). Furthermore,
Bank Indonesia’s policy rate is the lowest level in the digital banking transaction volume in December 2020
history. reached 513.7 million transactions, or grew 41.53%
(yoy) and the value of digital banking transactions
In addition, Bank Indonesia has also reduced the amounted to Rp 2,774.5 trillion, growing 13.91% (yoy).
Mandatory Minimum Reserve requirement for the Bank Indonesia predicts that the digitalization trend will
banking industry as denoted in the Regulation of continue to grow rapidly, supported by the expansion of
Members of the Board of Governors No. 22/2/ an increasingly inclusive digital economic and financial
PADG/2020 on the Fourth Amendment of Regulation ecosystem. Bank Indonesia continues to accelerate
payment system digitization policy to establish an (BNPB), namely the sector with the lowest risk of
inclusive and efficient digital economic and financial transmission while the medium or high risk sector
ecosystem, as well as to support the acceleration of needs to implement the COVID-19 protocol according
national economic recovery. This was done among to its level. Furthermore, priority preparation based on
others through the expansion of QRIS 12 million economic impact can take precedence over sectors that
merchants, the expansion of QRIS transfer, withdrawal, have the highest contribution to GDP and/or exports.
and deposit features, establishing an Electronic Money Based on the mapping results, the first priorities are 6
Discount Rate (EU MDR) Chip Based effective March 1, (six) sectors that are safe and contribute significantly to
2021, and the implementation of the Indonesia Payment both GDP and exports, including: food and beverage
System Blueprint 2025. industry, chemical industry, pharmaceutical and
traditional medicine, forestry and logging, horticultural
In 2021, in order to support the national economic crops, plantation crops, and metal ore mining. The
recovery, the banking industry can encourage lending second priority is 15 (fifteen) sectors of the economy
in productive and safe sectors. This is in line with the that are safe and contribute significantly to GDP or
Government’s priority in opening productive and safe exports, including the basic metals industry, information
sectors according to the COVID-19 transmission risk and communication, the metal goods industry, the
map from the National Disaster Management Agency non-metallic excavation industry and the machinery and
equipment industries.
Net Profit After Tax Rp 104.7 trillion Rp156.5 trillion Rp150.0 trillion
Source: OJK
-2.41%
Banking Industry’s Loan
growth in 2020 experienced
contraction of 2.41 percent
(yoy), amidst its liquidity still
high in line with the growth
of the TPF remains high
which was 11.11% (yoy).
Management Discussion and Analysis
Business and
Operations Review
Total Loans
I
BTPN’s Retail Banking business segment consists of
n executing its business activities, BTPN divides its four main business segments: Wealth Management
business segments into 5 (five) lines: Retail Banking, Business, Retail Lending Business, Digital Banking
Business Banking, Corporate Banking, Treasury and Business (BTPN Wow! and Jenius) and Micro Business
Shariah Banking. This segmentation is in line with (serving the micro business segment and their
the change in Bank BTPN’s organizational structure communities) The overall business segment is the
which occurred in the year 2019 following the merger Bank’s comprehensive service provided to customers
with PT Bank Sumitomo Mitsui Indonesia (SMBCI). for its retail segment.
Specifically referring to the shariah banking business, In the year 2020, the Bank, as it is also true for the
its operation is managed by subsidiary PT Bank BTPN banking industry, faces the same challenges, especially
Syariah. Thus, the business performance report per as a result of the COVID-19 pandemic. This condition
business segment is covered under a consolidated has caused sales productivity to drop. Operational
report. performance has had to adjust to occurring conditions.
Explanation on the performance of each of the business Another challenge faced by the Bank has been the
segment is denoted in the description below. portfolios which have reached maturity. This is faced by
the Retail Banking segment.
115
DIGITAL BANKING - BTPN WOW! For fiscal year 2021, BTPN Wow! will continue to
focus on cash management, improvement of agent’s
BTPN Wow! is a banking service unit of the Retail productivity and introduce BTPN Wow! application to
Banking segment that utilizes the mobile telephone replace the USSD-based channel currently used. The
technology. The service is supported by Laku Pandai smartphone-based application is hoped to be able to
Agent as the extention of the Bank, namely BTPN Wow! enhance experience and is more user-friendly. Through
agent. the application, customers can take advantage of the
various functions that can accommodate their daily
BTPN Wow! service is the Bank’s contribution to open needs in financial transactions.
access for financial services to the public who have
not been serviced by the banking industry. In the year The Bank has also made changes in the sales
2020, the Bank focused on strengthening the agent’s management to increase productivity of BTPN Wow!
capacity in providing services to customers so that agent. In altering the management, the incentive model
productivity increases and income rises. will be applied in sales in order to achieve business
goals.
BTPN Wow! also continues to develop products
and service features that are relevant in supporting Increasing the number of transactions through BTPN
transaction conveniences for customers. Among Wow agents and customers is an important focus in
others that concerns with cellular data package, small- increasing transactions for both BTPN Wow agents and
denomination mobile telephone e-voucher, electronic businesses, thereby increasing revenue for both agents
wallet top-up including GoPay and OVO, and others. and BTPN.
118 Through these development and innovation, it is hoped
to increase the agent’s and customers’ transactions and Initiatives & Strategy
grow the fee based income. Focusing BTPN Wow agents in Java is a strategy for
2020 Annual Report PT Bank BTPN Tbk
The second loan product, the Suppy Chain Loan (SCL), is targeted at the retail segment, working together with
distributors in selling cellular telephone vouchers (data and internet package) as well as the retailer of consumer
goods or Fast Moving Consumer Goods (FMCG).
In the year 2020, the total loans for SCL reached Rp8.5 billion. Compared to the previous year with Rp4.6 billion, this
is an increase of 84.8%. This weekly-term loan serves as a working capital loan for selected retailer customers.
Entering COVID-19 pandemic situation until the end of 2020, the two loan products above are currently suspended
due to indications of a decreased portfolio quality. This decision was made at the same time to review the processes
that occurred and the need for adaptation to several processes related to the pandemic conditions that occurred.
These two products, until a later date, will no longer be offered to customers in 2021.
The total number of customers of BTPN Wow! by the end of the fiscal year reached 4.8 million, a growth of 1.4%
compared to the year 2019 with 4.7 million customers. While the total number of agents was 167 thousand spread
throughout many cities in Indonesia. 119
Regarding transactions, the amount of third party liability was recorded at Rp140 billion. While fee based income was
RETAIL LENDING BUSINESS but also for employees who remain actively working,
with a tenor as needed.
In this fiscal year, the Retail Lending Business (“RLB”)
segment focused on providing loans to retirees and Several ongoing strategic programs during the year
pre-retirees. With regard to this, the Bank promotes 2020 are as follows:
the growth of loans to retirees from Taspen, Asabri and 1. Nationally expand BTPN’s credit business with
Other Pension Funds, and members of the Indonesian offering credit products which are more competitive
Military/Police Forces who are reaching their retirement. in cooperation with private companies.
2. Focus on acquisition of customers from Taspen,
RLB is a business unit of the Retail Banking segment Asabri, Armed Forces/Police and Pension Funds
that provides banking services to retirees or pensioners, owned by the State-Owned Enterprises (BUMN).
such as with payment of pension funds through savings
products. Loan offers are not limited to only pensioners
Management Discussion and Analysis
including the following: For that, the Bank’s saving and investment products are
• Develop credit processing by minimizing face-to- personally offered through the 59 branch offices spread
face meetings with customers. in 34 cities as well as through digital platforms which
• Provide web based monitoring tools to supervisors provide services to the customers with the flexibility to
for easier monitoring of their sales team’s activities. conduct transactions at any time from any where.
2021 Strategic Plans Allign with Digitalizing Your Priority Concept in 2020,
To maintain and improve the performance of the RLB WMB proudly launched Sinaya Prioritas Services
segment, the Bank prepared several strategic plans, by offering personalized service through dedicated
including the following: Relationship Manager and Digital Self Services
• Expanding the acquisition model and collaboration Features.
model with 3rd party
• Continuing focus on Taspen, Asabri and other Consistently WMB focus on investment product
Pension Funds enhancement and continuously develop digital
• Developing loan products for consumptive and application to fulfill holistic wealth management
productive purposes as well as savings product solution.
to increase our service to customers, including in
synergy with corporate business to fulfill corporate
customer’ needs
• Stabilizating the new credit process
• Efficiency in managing operational expenses and
credit process
Initiatives & Strategy 2020 Up until the end of the fiscal year, the number of Sinaya
Throughout the year 2020, in line with the Bank’s Priority customers totaled 9,216.
business plan, WMB actualized a number of initiatives
namely as follows: In the year 2020, BTPN Sinaya managed to book Third
• Launching of Prima/Sinaya Priority Customers Party Funds (Dana Pihak Ketiga/DPK) totaling Rp27.2
• Development of saving and investment product trillion, an increase of 3.3% compared to the previous
(Wealth Management) with the following: year. In line with the focus on developing investment
- Savings in four foreign currencies (EUR, GBP, products, the DPK above shifted from a savings product
HKD, AUD); to an investment product. The Bank’s funds from
- Bancassurance product : Guardia Signature and savings products dropped by 3.1% or an amount of
Guardia Pasti; Rp683 billion to a total of Rp20.9 trillion and funds from
- Protected mutual funds, namely Mandiri 206 and investment products increased by 32.4% or an amount
224 series. of Rp1.5 trillion to a total of Rp6.3 trillion.
• Development of digital platform for Prima
Customers, with Jenius application 2021 Strategic Plans
• Review the distribution network strategy of all BTPN • Continuous development of digital services for
branch offices (including Sinaya branch offices) Priority Banking but not limited to
by closing 5 (five) assisting branch offices (KCP - Development in the Jenius application to give
Gajah Mada Jakarta, KCP Wisma Kalla Makassar, information and transaction for investment
KCP Roxy Jakarta, KCP Banda Aceh, KCP Tomang product.
Jakarta) and relocating 2 (two) assisting branch - Application development for staff as a tool to
offices in Surabaya. assist staff in the sales process and to improve
121
Thus, currently there are 59 branches that provide service quality.
Sinaya Prioritas services. - Application development as a digital media to
Product Performance
The number of customers grew, followed by growth in third party funds, especially in investment products
The adjustment of interest rate in saving products, In the 2020 financial year, along with the COVID-19
122 which is aligned with the interest rate cut by the pandemic which has become a serious challenge for the
regulator, is made to obtain a reduction in cost of fund. banking industry including BTPN, loan performance is
also experiencing a slowdown in terms of volume and
2020 Annual Report PT Bank BTPN Tbk
Even though there was a pandemic in 2020, bank number of accounts. The Micro Business unit delayed
income through investment products could still be the growth of its business and focused instead on
maintained and operational cost still be streamlined. existing customers that need support especially during
pandemic situation.
MICRO BUSINESS
Initiatives and Strategies
The Micro Business segment focused on providing In line with the challenges faced by the Bank, especially
loans to Micro & Small Enterprises. related to the COVID-19 pandemic, the initiatives and
strategies that have been implemented have undergone
Micro Business is a business unit in the Retail Banking adjustments.
segment that provides banking services for productive
economic players with their community. The primary goal is to maintain good credit quality. To
achieve this, a number of strategies were implemented,
A number of strategic programs that have been including:
implemented throughout 2020 are: 1. Focus on ecosystem through supply chain business
1. Implement smooth transformation process of new platform and strategy
Micro Business into targeted MSME locations 2. Build automation and digitalization to create
2. Build good relationships with customers through differences, capture opportunity (partnership led
partnerships and micro business ecosystems model) and enabling large scale mass acquisitions
3. Build a complete digital channel and platform 3. Provide credit relaxation program for debtors
to create differentiation to the market through who have experienced a decline in income due to
partnershi COVID-19 pandemic impact.
4. Provide good service to debtors unaffected by
COVID-19 pandemic by carrying out continuous
communication.
Details of the initiatives and targets to be achieved are presented in the table below:
Managing Runoff 1 Manage portfolio quality with a relaxation model for micro borrowers in accordance
with the government program such as stimulus to micro customers who deserve to be
given a relaxation
2 Carry out financing for micro customers using the PEN system (Pemulihan Ekonomi
Nasional) which is a stimulus for banks from the government program
Continue Process & Coverage 3 To continue financing productive economic entrepreneur for the economic sector such
Optimization as; trading, industry, manufacturing, services and agribusiness
Optimization of Daya 6 Provide BTPN's Daya program to develop micro customer business
Strengthening the Capability and 8 Implementing new financing model for micro customers with a digital model (un-
Effectiveness of the Organization through secured loan)
Adjustments in line with the Market
9 Improvement of human resources through online training programs
Changes
Strengthen Strategic Partnership with 10 Build collaboration programs with several business units to finance micro sector 123
Business Partner
have caused the decline in YoY lending volume, both in both through direct and indirect financing up until the
Mitra Bisnis and Consumer Finance YoY by 10.7% and end of year 2020 totaled Rp2.0 trillion. This amount
60.8%, respectively. declined from the Rp5.6 trillion of the previous year. In
disbursing credit lines, BTPN refers to the principles of
A number of initiatives and strategies developed during providing sound and prudent loans.
the fiscal year to improve the performance of the
Business Banking segment are including the following: Credit Quality
1. Internal collaboration through the supply chain From the quality aspect, Business Banking Non-
scheme. Performing Loan (NPL) was recorded at 4.70%, higher
2. Cooperation through cross-selling with Jenius for than previous year.
financing and payroll account.
3. Transactional services through “AksesBisnis@BTPN” CORPORATE BANKING
digital platform.
4. Optimization of the loan restructuring process for The Corporate Banking business segment of BTPN
debtors impacted by COVID-19. has two business segment, namely corporate segment
5. Application development to improve the quality and consisting of Japanese corporate customer and the
speed of services to customers. Non-Japanese corporate segment (Wholesale Banking).
2021 Strategic Plans Until the end of the fiscal year, BTPN’s Corporate
For the coming year, the Corporate Banking business segment together with SMBC were entrusted to be
has prepared a number of strategic plans, among others the Mandated Lead Arranger and Bookrunner (MLAB)/
including the following: Mandated Lead Arranger (MLA) on 13 syndicated
1. Strengthen the ecosystem and connectivity for end- agreements. This made the Bank to continue to be
to-end financing and cash management through ranked as the “Top 3” Indonesian Mandated Lead
strengthening the sysnergy with other business Arranger and Bookrunner (MLAB).
units. This is carried out, among others, through
expansion of network at such strategic locations In 2020 the corporate segment focus to increase the
as industrial estates so that services provided can corporate credit by remaining to be prudent, and control
be comprehensive and penetrate the market. For expense on operational costs.
example, opening a corporate branch at Cikarang
area, expanding corporate services in Bandung Referring to the Revised 2020 RBB, as of 31 December
branch by utilizing Bank BTPN’s existing office 2020, the achievement of corporate loans is 83.3%
network and also install ATM units in several of of the target. In the midst of a pandemic, determining
customers’ offices, collaborating with other work the right target market by providing loans that focus
units such as Jenius and Sinaya. on several industry leaders in strategic sectors
2. Strengthening the collection service for customers accompanied by proactive credit portfolio management
as an initiative to improve third parties’ funds are the two main keys to success. The sectors that are
collection. the focus of BTPN include FMCG, telecommunications,
3. Increasing fee-based transactions among others health and pharmaceuticals, automotive, energy
126 through Trade, Supply Chain Financing, Structured security projects, food security and infrastructure, and
Finance (Project Finance, Syndication and ECA) export-oriented industries.
transactions, and derivative products.
2020 Annual Report PT Bank BTPN Tbk
4. Increase the provision of loans with the principle of Product Performance of Corporate Banking in 2020
sustainability to increase the public’s interests.
5. From the aspect of credit disbursement, Corporate Loan
Banking will focus on industries that are surviving On loan performance, some Rp78.6 trillion was
during the COVID-19 pandemic and industries successfully disbursed up until the end of fiscal year
that are potential to grow faster in line with the 2020, an increase of 3.9% compared to the year 2019’s
government’s prioritized programs, among others Rp75.7 trillion. Corporate Banking loans accounted for
are as follows: positive effect from the Omnibus 57.7% of BTPN’s total loans.
Law, mineral downstream program, energy
resilience, food and infrastructure resilience. In terms of loan quality, Corporate Banking managed to
maintain a low level of Non-Performing Loan (NPL) at
Performance Achievement 0.73%. While this represents a slight increase compared
The sluggish national economic condition due to the to the previous year, the NPL was still relatively low if
COVID-19 pandemic, seemingly as if an automotive compared to the NPL of the banking industry which
factory suddenly stopped operation and effected recorded 3.1%.
the supply chain, effecting the performance of the
customers’ transaction volume. This is also occurring Up until the end of 2020, the Japanese Corporate
in other industries. Nevertheless, the performance of Banking loan portfolio increased by 4.3%, while Loan
Corporate Banking throughout the fiscal year 2020 Average Balance increased by 15.5% compared to
remained well maintained. year 2019. Such growth was caused by a significant
increase in Rupiah loans which reached 42%, as the
impact of increasing needs of local customers in facing
the COVID-19 situation.
Trade Finance TREASURY
The trade finance product of BTPN is becoming more
complete with the combination between trade finance The Treasury unit of BTPN serves the needs of
and global connectivity required for export and import customers for treasury products, such as foreign
transactions as well as for local value-chain financing currency and derivative. The Treasury segment
needed by corporate customers. The Bank provides continuously optimizing its portfolio at an efficient level
facilities for suppliers and distributors. This is possible and proactive in managing the Bank’s liquidity. The
due to the synergy with the Business Banking line of Treasur also takes an active role in risk management
business in BTPN. and fulfilling the ratios mandated by regulator.
Up until the end of 2020, trade finance assets reached In the year 2020, as in other business segments or
Rp14.3 trillion, a growth of 47.1% compared to Rp9.7 banking in general, the COVID-19 pandemic has
trillion in the previous year. detrimentall impacted the Treasury Segment. For
that reason, a specific policy implemented during the
Cash Management pandemic times is the split operation policy in order
BTPN has long been known as leader of digital banking to maintain the continuity of Treasury activities during
with the several electronic banking platforms, such the enforcement of the Large-Scale Social Restrictions
as the SMAR&TS, AksesBisnis, Jenius digital banking (PSBB).
and BTPN Wow! which all complement each other and
support the needs of corporate bank customers. This Initiatives and Strategies
will very much help corporate customers in conducting In the midst of COVID-19 pandemic that has affected
better liquidity management on all of the value chain the economy in the year 2020, the biggest challenge 127
customers and provide digital experience of high faced by the Treasury Segment is the weakening of the
standards. growth in credit. For this reason, the Treasury places
4. Optimizing structured funding for liquidity Meanwhile, foreign exchange transaction with
requirements. customers increased by 10,3%. Income from fee
margin declined by about 9.6% compared to the year
Bank BTPN’s adequacy in policy and liquidity 2019.
management (ALMA) is relatively sufficient and always
updated with supporting indicators as follows: In 2020, bonds payable amounted to Rp993 billion,
1. Availability of contingency plan in accessing back- while borrowings received amounted to Rp31.2 trillion.
up liquidity.
2. Availability of relatively sound policy in line with the Interbank loan was recorded at Rp6.5 trillion. As
assets and liabilities structures. interbank loan bears lower interest rate, efficiency in
3. Availability of provisions and procedures of authority interest expenses was achieved in line with the direction
limits on liquidity management. of the management.
4. Accountability and the path to delegation of
authority is applied in accordane with the needs of In terms of liquidity, the Bank’s performance is
the Bank. sufficiently good, as shown by several indicators below:
1. The loan to deposit ratio (LDR) is relatively moderate
Strategic Plans in 2021 134%. For US Dollar-denominated borrowings, in
For fiscal year 2021, the Treasury Business Segment addition to funding from customer deposits, the
continue to maintain liquidity as required. Moreover, Bank also rely on offshore borrowing from SMBC.
it will continue to take into account the credit growth 2. Liquidity indicators, such as Liquidity Coverage
which is estimated to recover. Thus, the Bank’s Ratio (LCR) and Net Stable Funding Ratio (NSFR)
128 performance will improve. were at safe levels: 282% for LCR and 115% for
NSFR.
Performance Achievement 3. Dependency on concentration risk as visible
2020 Annual Report PT Bank BTPN Tbk
Up to end of 2020, placements with Bank Indonesia from the ratio of total 50 main depositors to total
and with other banks amounted to Rp17.0 trillion, up by customer deposits position as of 31 December 2020
91.8% from Rp8.8 trillion recorded in 2019. The largest that reached 34.45%. In line with the growth of
increase came from placements in time deposits that third-party funds, BTPN will continue to take efforts
increased by Rp9.3 trillion. Marketable securities at the to reduce the concentration risk level.
end of 2020 amounted to Rp14.8 trillion, an increase of 4. Funding was relatively stable even though it
39.0% from Rp10.7 trillion in 2019. experienced a slight decrease, namely 0.2% up
to December 2020. Customer deposits growth
reached 15.9% and balanced with a decline in
borrowings at 15.7%.
4. From the financing side, the BTPN Syariah has also Performance Achievement
such initiatives and strategies as follows: By the end of fiscal year 2020, the total asset of BTPN
a. Bundling of saving products with financing to Syariah amounted to Rp16.435 trillion. Compared to
Tunas Usaha Rakyat (TUR) customers. the year 2019 of Rp15.383 trillion, this was an increase
b. Selling of Basic Saving Account (BSA) and of 7%.
Regular Saving Account (RSA) from the “Mitra
Tepat” (meaning the right partner) services to the In general, the performance of BTPN Syariah during the
mass market segment. fiscal year was well maintained, as shown by several
c. Developing shariah financial products by financial ratios which were steadily sustained, such
establishing savings or deposit products in as with BOPO and NPF gross ratios at the 72.4% and
accordance with Shariah principles. (Tepat 1.9%, respectively. For CAR that calculates financing
Tabungan, Tepat Tabungan Platinum, Tepat risk and operational risk was noted to reach 49.4%, far
Deposito, Tepat Tabungan Rencana, and Tepat beyond the minimum stipulation set by regulator.
Giro products).
d. The Haj Pilgrimmage Savings Account product On financing, the total amount disbursed by BTPN
with the permission from SISKOHAT. Syariah throughout the year 2020 reached Rp9.523
e. Branch offices with the main focus on trillion. Compared to the Rp9.000 trillion in year 2019,
financing services proven successful at BTPN this was an increase of 6%. Growth remains dominated
Conventional/Commercial Banks. by financing to the mass market segment that grew by
f. Internet banking services to provide simpler 6% (year on year).
accessibility and transactional convenience for
130 customers to be able to manage anytime and The quality of disbursed financing has also been well
anywhere without having to go the branch office. maintained. On a net basis, NPF in the year 2020
g. Conduct cooperation with BTPN Conventional, reached 0.0%, while in the year 2019 it was noted at
2020 Annual Report PT Bank BTPN Tbk
both at the Wholesale, Public Sector as well as 0.2%. This was one of the best achievement compared
Retail Funding business units to offer shariah to industry average. Meanwhile, performance in
financial products through the Commercial Bank funds collection, the total Third Party Funds (TPF)
Shariah Services concept. accumulated by the Bank totaled Rp9.780 trillion. The
h. Manage shariah funding liquidity efficiently and amount increased by 4% if compared to Rp9.446 trillion
effectively through the money market desk at in the previous year.
the Treasury, among others: interbank facilities
with BTPN conventional/commercial and other The growth rate of DPK was directly correlated with
shariah banks. Financing to Deposit Ratio (FDR) of which until the
i. Automated Teller Machine (ATM) covering end of the fiscal year reached 97.4%. According to the
ATM cards and ATM machine services itself to Bank’s policy, third party funds’ acquisition must be
increase financing. harmonized with the growth rate in funds disbursement
so that FDR level can be well maintained in line with the
2021 Strategic Plans target.
For next year, the BTPN Syariah will continue with the
4 (four) major strategic steps pioneered since the last 3
(three) years, namely as follows:
1. Develop Operational Excellence to ensure
effectiveness and efficiency of services.
2. Increase BTPN Syariah Assets.
3. Explore fee-based income.
4. Strengthen the Bank’s organizational capabilities,
in terms of capital, technology as well as human
resources and the organization so that the Bank’s
risk management and good corporate governance
(GCG) can be thoroughly implemented, with the
predicate of risk composite at position 2 maintained
and continue to safeguard capital stability as a
BUKU 3 bank.
PROFITABILITY BY BUSINESS SEGMENT
(Rp Million)
(Rp Million)
Sharia Banking
Indicator
2020 2019 2018
Financial
Performance Review
Customer Deposits
D
epiction of BTPN’s financial performance of OJK Regulation No. 48/POJK-3/2020 concerning
is prepared in line with the consolidated “Amendment of OJK Regulation No. 11/POJK–3/2020”.
financial statements reported in accordance With this amendment, the loan restructuring policy,
with the Financial Accounting Standards which was initially set to end by 31 March 2021, was
(FAS/SAK) for the year ended 31 December 2020. The then extended for another one year until 31 March 2022.
report is also part of the 2020 Annual Report.
Nevertheless, BTPN managed to maintain strong
BTPN’s performance in the year 2020, the same as fundamentals in 2020 amidst global and domestic
the banking industry, is impacted by the COVID-19 economic uncertainty due to the COVID-19 pandemic.
pandemic. All the more so as a response to such a BTPN focuses on ensuring the health of customers and
condition, Bank Indonesia has 5 (five) times lowered employees, working with impacted debtor customers,
the benchmark interest rate, BI 7-day (reverse) Repo and supporting their business continuity by relaxing
Rate. From 5.00% at the beginning of the year, to credit according to OJK regulations and at the same
3.75% by mid December. Financial Service Authority time also realizing the facilities of the National Economic
(OJK) also issued the loan restructuring policy for the Recovery (PEN) program.
banking industry as a countercyclical policy on the
impact of the spread of COVID-19. This is contained in
the OJK Regulation No. 11/POJK–3/2020 concerning
“the National Economic Stimulus as the Countercyclical
Policy on the Impact of the Spread of 2019 Corona
Virus Disease”, which was amended by the enactment
133
Placements with Bank Indonesia and other banks 16,954,868 8,839,876 11,720,619
Growing Business
Corporate 78,642,664 75,713,860 -
Small and Middle-Scale Business 12,545,170 13,883,980 12,898,289
Consumer Financing 2,181,035 5,561,484 5,634,680
Shariah Financing/Receivables 9,522,866 8,999,574 7,277,162
Others 307,548 378,871 823,006
Mature Business
Retail Lending 32,107,874 35,611,265 38,459,840
Micro 905,462 1,611,149 3,043,802
Total 136,212,619 141,760,183 68,136,780
Loans based on utilization is marked by the biggest portion for working capital, at the amount of Rp72.3 trillion or a
slight decrease of 0.5% compared to the year 2019.
While disbursed investment loans amounted to Rp30.7 trillion, an increase of 2.1%. Meanwhile for other uses, such
as consumer loans at the amount of Rp33.2 trillion was a decline of 14.9% if compared to the year 2019.
135
Loans based on Utilization (Rp Million)
BTPN’s credit quality was maintained well, as reflected by NPL gross (Consolidation) 1.21% at the end of December
2020. This figure was relatively low compared to the banking industry NPL which at the end of December 2020 was
recorded at 3.06%.
BTPN’s capability to maintain the non-performing loan at a very low level was attributed to the results from the
continuous development efforts in risk management implementation. Risk management also ensures that risk level is
aligned to the Bank’s capability to absorb risks.
LIABILITIES
Liabilities of BTPN are mainly derived from customer deposits, including temporary syirkah funds, which in 2020
reached 67.1% of total liabilities. Compared to 2019, the total third-party funds and temporary syirkah funds
increased by 9.2%.
The increase in customer deposits was mostly contributed by Jenius and Corporate banking services. Such increase
of funds was offset by the decrease in deposits from other banks as well as in borrowings, thus the overall total
liabilities was stable if compared to the previous year.
136
Customer Deposits
Total customer deposits including temporary syirkah funds booked by BTPN up until the end of fiscal year 2020
2020 Annual Report PT Bank BTPN Tbk
amounted to Rp100.8 trillion, a 15.9% increase if compared to the Rp86.9 trillion in 2019.
CASA balance increased by 13.3% compared to the same period last year. Efforts to raise third party funds are
carried out in line with efforts to reduce the cost of funds in line with the downward trend in Bank Indonesia’s
benchmark interest rate. The growth of the Bank’s third party funds cannot be separated from the high level of
customer confidence as well as the strong business foundation of BTPN. The CASA ratio slightly dropped to 27.5%
compared to 28.1% in 2019, reflectin the higher rate of increase of total customer deposits compared with the rate of
increase of CASA funds.
From the currency aspect, most of the deposits were in rupiah denomination, which amounted to Rp90.4 trillion or
89.7% of the total customer deposits. While deposits in foreign currency amounted to Rp10.4 trillion or 10.3% of the
total customer deposits. Compared to the previous years, rupiah proportion was increased by 3.6%.
The weakening of the economic sector due to COVID-19 and its impact on bank debtors has caused Bank BTPN to
set aside additional allowance for impairment losses of Rp2.8 trillion in 2020.
Details of the profit and loss performance for 2020 are presented in the table below.
Operating Revenues
BTPN’s operating revenues in the year 2020 declined by 2.3% compared to the year 2019. This was mainly due to
the reduction in the interest income as the result of lower loans, loan restructuring in addition to the lowered loan yield
138 triggered by the reduction in BI’s 7-day Reverse Repo interest rate. Part of the impact of this decrease can be offset
by a decrease in interest expenses.
2020 Annual Report PT Bank BTPN Tbk
Operating Expense
The COVID-19 pandemic has pressured on business activities which impacted on financing disbursed by BTPN.
This condition contributed to the increase in operating expenses, especially in the allowance for impairment losses.
The weakening of the economic sector due to COVID-19 and its impact on the debtors caused BTPN to set aside
an allowance for impairment losses of Rp2.8 trillion. Meanwhile, other Operating Expense (other than allowance
for impairment losses) were lower by 3.5% compared to the year 2019, mainly due to less expenses for travel and
marketing as the impact of mobility restriction amid the pandemic.
CASH FLOWS
BTPN logged its cash and cash equivalent by the end of the year 2020 at the amount of Rp25.2 trillion, a 27.1%
increase compared to the year 2019 with Rp19.8 trillion. Growth in the cash flow performance was mainly contributed
by the net cash obtained from operation activities that accounted for 74.0% of the total cash and cash equivalent.
Net cash flows provided from (used in) operating activities 18,663,821 (11,970,920) 4,585,807
Net cash flows (used in) provided from investing activities (3,805,233) 11,301,087 (573,678)
Net cash flows (used in) provided from financing activites (9,462,054) 122,307 1,505,543
Net increase (decrease) in cash and cash equivalent 5,396,534 (547,526) 5,517,672
Effect of exchange rate changes on cash and cash (10,562) (35,026) (10,878)
equivalent
Cash and cash equivalents at the beginning of year 19,841,659 20,424,211 14,917,417
Cash and cash equivalent at the end of year 25,227,631 19,841,659 20,424,211
Cash Flow for Operating Activities Liquidity Ratio
Net cash obtained from operating activities during Ratios used to measure sound liquidity level,
the year 2020 reached Rp18.7 trillion, the opposite among others, are Loan to Deposit Rasio (LDR),
condition with the contractions that occurred in the Macroprudential Intermediation Ratio (MIR), Liquidity
previous year. This condition was derived by higher of Coverage Ratio (LCR) and Net Stable Funding Ratio
third party funds and lower loan to customers, which the (NSFR).
opposite of previous year.
The Bank’s LDR and MIR as of 31 December 2020 were
Cash Flow from Investment Activities at 134% and106%, respectively. In addition to customer
Net cash obtained from investment activities during the deposits, the Bank also rely on loans from parent entity,
year 2020 was recorded negative. This condition was borrowing from other banks, and issuance of securities,
caused by increased of net securities purchase during as sources of funding. The LCR and NSFR ratios as of
2020, while in 2019 the increment was due to cash and 31 December 2020 were 282% and 115% respectively,
cash equivalents transfer due to merger. or far beyond the stipulated limit of 100% set by OJK.
Thus, overall liquidity level of Bank BTPN remained very
Cash Flow from Financing Activities sound.
Net cash obtained from financing activities was similar
to the investment cash flow, changed from positive Solvability Ratio
to negative. This condition was caused by payment Another parameter related to the capability to pay debt
of securities issued and installment payments and is the capital ratio measured through solvability ratio.
settlement of borrowings. BTPN always maintain its sound capital, among others
by fulfilling the Capital Adequacy Ratio (CAR) in line with
139
CAPABILITY TO PAY DEBT the provisions set by regulator.
In 2020, BTPN’s total loan in arrears (gross) amounted PRIME LENDING RATE
to Rp6.2 trillion, representing 4.55% of the total loan.
This was an increase from the 3.95% in the year 2019. According to the Financial Services Authority Regulation
The increase resulted from increased credit risk due to No. 32/POJK.03/2016 on Transparency and Publication
the COVID-19 pandemic. BTPN continues with efforts to of Bank Reports and Financial Services Authority
control credit risk so that collectibility of disbursed loan Circular Letter No. 9/POJK.03/2020 on Transparency
can be well maintained. and Publication of Conventional Commercial Bank
Reports,, all commercial banks are required to report
Credit quality can also be viewed from the level of and publish the Prime Lending Rate (PLR). This
non-performing loan (NPL). As of 31 December 2020, publication, among others, is to provide clarity and
the NPL-gross was at 1.21% and NPL-net at 0.50%, convenience for customers to contemplate on the
which represented an increase from 0.81% and 0.43%, benefist, costs and risks of the credit offered.
respectively, in 2019. However, such an achievement
remains better than the industry’s average. In addition, PLR also signifies efforts to improve good
corporate governance as well as encourage sound
competition in the banking industry. Banks categorized
PLR based on credit segmentation into 4 groups,
namely Corporate, Retail, Micro and Consumer. Details
on this are provided in the table below.
Consumer Loan
Corporate Loan Retail Loan Micro Loan
Mortgage Non-Mortgage
During 2020, adjustments to the Prime Lending Rate In managing its capital on credit risks, the Bank uses the
made by BTPN reach at over 1% (for the Corporate, standard approach which calculates the risk-weighted
Retail and Non-Mortgage Consumption segments). assets (RWA) based on Bank Indonesia’s guidelines and
These changes are in line with BI’s 7 days reverse repo rating by rating agencies.
interest rate, which fell by 1.25%.
BTPN measures its capital adequacy for operational
CAPITAL STRUCTURE risks based on the Basic Indicator Approach Method In
line with prevailing regulations from Bank Indonesia and
Basis and Policy on Capital Structure the Financial Services Authority. The method allows the
BTPN continues to maintain capital adequacy to Bank to allocate capital for operational risks based on
support business growth and protect the Bank from historical data, equivalent to the average gross income
market volatility. In its management, the Bank continues in the last 3 years, multiplied by prevailing coefficient
to sustain balance between capital efficiency and return factor of 15%.
of shareholders’ investment, by retaining the availability
of additional capital to adequately cover potential risks. In accordance with Financial Services Authority
Regulation (POJK) No. 11/POJK.03/2016 on Minimum
The Bank has submitted its report to OJK on the Capital Requirements for Commercial Banks and
process conducted to establish its Internal Capital Financial Services Authority Regulation No. 34/
Adequacy Assessment Process (ICAAP), in line with POJK.03/2016 on the amendment to POJK No. 11/
prevailing regulations. The Bank also continues to POJK.03/2016, the Bank is required to provide a
ensure its capital is adequate in line with its risk profile. minimum capital in accordance with its risk profile.
The minimum capital requirement for banks with a risk Details of Capital Structure
profile rating of 2 is 9% up to less than 10% of the Risk The Bank’s total capital as of 31 December 2020 was
Weighted Assets (RWA). Rp36.3 trillion, an increase compared to the total capital
at the end of 2019. This was due to the reduction in
In addition to the requirement to meet minimum capital the deficiency between the Provision for Asset Quality
based on a risk profile, the Bank is also required to Assessment (PPKA) and the allowance for impairment
provide additional buffer capital with details as follows: losses (CKPN) for productive assets in the core capital
(i) Capital Conservation Buffer, (ii) Countercyclical Buffer, (Tier 1) component, so that the core capital balance
and (iii) Capital Surcharge for Domestic Systemically increases. Meanwhile, the supplementary capital (Tier
Important Banks (D-SIB). 2) has decreased mainly due to a decrease in capital
instruments in the form of shares or others that meet
For the year 2020, due to pandemic situation, the Tier 2 requirements, namely subordinated loans, which
additional buffer capital applicable to the Bank is the have begin to be amortized in 2020.
Capital Conservation Buffer at 0% ( from 2.5% in 2019),
Countercyclical Buffer at 0% and the Capital Surcharge Details of BTPN’s capital structure are described in the
for D-SIB at 1.00%. The Countercyclical buffer and table below.
Capital Surcharge for D-SIB requirements will be
reviewed by regulator twice every year. All buffer capital
requirements must be fulfilled with Common Equity Tier
1 (CET 1).
141
Capital Structure Growth (Rp Million, unless stated otherwise)
MATERIAL INFORMATION AND FACTS ON managed to record a Net Profit exceeding the target.
SUBSEQUENT EVENTS BTPN posted higher revenue in Sharia due to more
activities that could be carried out during the 4th Quarter
There is no material information and facts on than previously anticipated due to COVID-19, while
subsequent events. posting a lower interest expense (lower cost of funds) as
a result of the rate cuts in the benchmark interest rate.
TARGET, REALIZATION AND PROJECTION
In credit disbursement, the expected increase of 5-7%
In 2020, conditions in the business world, including the actually declined by 3.9%, as a result of slower lending
banking sector, were full of challenges. Likewise with activities. The business segment which was most
what happened to BTPN, so that the Bank has to revise impacted was the Consumer Financing and MSME
the business targets that had been previously set. (UMKM) segments. The business segment which
managed to post growth was the Corporate and Shariah
142 COVID-19 has affected the banking industry, including Financing segments, each posted growth of 3.9% and
BTPN, starting in the second quarter of 2020. In the 5.8%, respectively.
first semester of 2020, BTPN conducted a study of the
2020 Annual Report PT Bank BTPN Tbk
potential impact of COVID-19. The Bank need to make Details of comparison between target and realization of
revisions to the Bank Business Plan (RBB). The Bank the Bank’s performance in the year 2020 is presented in
revised the RBB for the financial year ending December the table below.
2020, in the Revised RBB proposed at the end of
June 2020. However, by the end of 2020, Bank BTPN
2021 Projection
The projection for 2021 is built with the assumption that COVID-19 will still have an impact on the economy and
business activities during the year.
2021 Projection
ROA >1%
ROE >5%
In 2021, BTPN will continue to rely on the Corporate To support further business growth, BTPN does not
segment, as the Bank has the risk appetite, core have plans for dividend distribution in the next three
capabilities, and support from the global SMBC network years.
to generate faster revenue growth in the segment. In
the Corporate and Commercial segments, the Bank will MANAGEMENT AND EMPLOYEE STOCK
channel loans selectively to maintain credit quality, and OPTION PROGRAM
the Bank will also increase fee-based income along with
an increase in the Transaction Banking and Treasury Year 2015
businesses. The Bank will also invest in and address BTPN exercised the Management & Employee Stock
the needs of these areas to generate additional revenue Options Program (MESOP) by issuing the rights option
to support its future growth trajectory, to finance its to purchase new shares from portfolio (“Rights Option”)
investment and to sustain future growth while rebuilding without Preemptive Rights to shareholders of the
its SME and Consumer Finance businesses and Company for the period from 2015 to 2020 (“Rights
increasing the efficiency of its operations. Option Program”). The exercise price to be set based
on the Decree of Board of Directors of the Indonesian
BTPN will continue with efforts to increase CASA and Stock Exchange No.Kep-00001/BEI/01-2014 dated 20
reduce the cost of funds, while maintaining healthy January 2014 on the Amendment to Regulation Number
funding and liquidity. In terms of operational costs, the I-A on Listing of Shares (stock) and Equity-Type
Bank will continue with effective cost management, Securities Other Than Stock Issued by the Listed
which is expected to achieve a more optimum cost to Company (“Regulation No. I-A”).
income ratio.
The Company’s Rights Option Program refers to
BTPN will continue to invest in Jenius, which is digital the Financial Services Authority Regulation No. 38/
banking for retail, to maintain its leadership position POJK.04/2014 dated 29 December 2014 on Capital
in Indonesian Digital Banking, thus supporting the Increase of Public Companies Without Preemptive
growth of retail banking in the future. The Bank will Rights.
Management Discussion and Analysis
Based on the Deed of Minutes of the Extraordinary General Meeting of 3. Period III began since 7 May
Shareholders No. 50 dated 26 March 2015 made before Hadijah, SH, Notary 2018
in Jakarta, the Shareholders approved the Company’s plan to conduct the 4. Period IV began since 5
Management and Employee Stock Option Program (2015 MESOP Program). November 2018
5. Period V began since 6 May
The benefits of the Rights Option Program for Bank BTPN are as follows: 2019
1. The Rights Option Program is established to enhance the sense of 6. Period VI began since 2
ownership to the Company which in turn will improve the performance December 2019
of each Participant of the Rights Option Program and eventually improve
the performance of the Company. The entire program to be
2. The granting of the Rights Option to purchase shares, under the conducted in 30 stock exchange
management and employees stock ownership program, is expected days.
to generate coherence between the interests of the Company and the
interests of the Program Participants. The Exercise Price of the Rights
3. Provision of rewards and incentives for Program Participants’ Option shall refer to the Decision of
contribution may enhance the performance of the Company’s the Board of Directors of PT Bursa
management and key personnels. Efek Indonesia No. Kep-00001/
4. The granting of the Rights Option is expected to increase the Program BEI/01-2014 dated 30 January
Participants’ loyalty and improve the Company’s performance in the 2014 on the Amendment to Rule
future by developing a program that is transparent, measurable and Number I-A on the Listing of Shares
assures of its implementation. (Stock) and Equity Type Securities
144 Other Than Stocks Issued by the
Rights Option issued at each stage shall expire on 26 March 2020, namely Listed Company at minimum 90%
within 5 (five) years effective since the date of approval of the BTPN General of the average of closing price
2020 Annual Report PT Bank BTPN Tbk
Meeting of Shareholders which approved the Rights Option Program. of the Company at the Indonesia
Stock Exchange during 25 (twenty-
Details of the 2015 Rights Option five) consecutive stock exchange
days prior to the date of the report
Exercise Price per Share Number of Share on the Implementation Plan of the
Date of Rights Option
(in Rupiah) (in thousands)
Rights Option Program.
IV 108,140,000 64,884,000 - - -
VI 91,260,000 91,260,000 - - -
Year 2016
Based on the Deed of Minutes of the Extraordinary General Meeting of Shareholders No. 60 dated 29 April 2016
made before Notary Hadijah, SH, in Jakarta, the shareholders approved to carry out the Company’s plan for the
Employee Stock Option Program (ESOP), or the Rights Option Stock Program to Employees of the Company and
Employees of the Controlling Company (ESOP Program 2016).
As the program implementation aims to retain employees with high performance, in the effort to enhance a sense of
ownership of the company that would support a harmony between the interests of the Company and the interests
of the Employees, in addition to the MESOP Program 2015, the Board of Commissioners has also established an
incentive program for employees of the Company and the Controlling Company to be granted the rights option to
preemptive buy new shares to be issued by the Company for a special price referred to as Exercise Price (ESOP
Program 2016).
The Right Option issued in each phase shall expire on 29 April 2021, meaning within 5 years since the date of
approval of the BTPN Extraordinary General Meeting of Shareholders that approved the Option Rights Program.
Year 2017
Details of the rights option during the year 2017 are presented in table below.
Specific conditions that may effect the rights and participation in the Rights Option Programs are as follows:
Condition Consequences
Reaching retirement age/ early retirement/ expiration and non- Fully entitled to Rights Option allocated under the name of the
extended contract/ termination due to health reasons/ manpower participant
cut/ company takeover
Resignation/ discharged in dishonor due to act of violation/ Not entitled to Rights Option allocated under the name of the
Company or Controlling Company in bankruptcy/ in confiscation participiant
Management Discussion and Analysis
The exercise price of Rights Option is applied with reference to the Decision Letter of the Board of Directors of PT
Bursa Efek Indonesia No.: Kep-00001/BEI/01-2014 dated 30 January 2014 on the Amendment of Regulation No. I-A
on the Listing of Shares (Stock) and Equity Type Securities Other Than Shares Issued by a Listed Company at the
least 90% of the the average price of the Company’s closing stock trading at the Indonesia Stock Exchange for 25
stock exchange days prior to the date of the Indonesia Stock Exchange report related to the implementation plans
of the Rights Option Program. The Company sets the exercise price of all rights option to be issued at the amount
of Rp2,617 per share. The number of shares that may be issued for the Rights Option Program at maximum of
116,805,746 shares or 2% of the paid-up capital and fully deposited in the Company.
146
REALIZATION OF USE OF PROCEEDS FROM PUBLIC OFFERING
2020 Annual Report PT Bank BTPN Tbk
Details of issued bonds as a result of Bank BTPN’s public offering and the realization of the use of the proceeds are
shown in the tables below.
Nominal
Name of Bonds Date of Issuance Maturity Date
(Rp)
Shelf Registry Bonds III Bank BTPN Phase I Year 2016 B 300,000,000,000 11 July 2016 1 July 2019
Series
Shelf Registry Bonds III Bank BTPN Phase II Year 2017 B 900,000,000,000 18 October 2017 17 October 2020
Series
Shelf Registry Bonds IV Bank BTPN Phase I Year 2019 A 799,000,000,000 27 November 2019 26 November 2022
Series
Shelf Registry Bonds IV Bank BTPN Phase I Year 2019 B 201,000,000,000 27 November 2019 26 November 2024
Series
Medium Term Notes (MTN) II Year 2017 PT Bank 1,302,000,000,000 14 June 2017 14 June 2020
Sumitomo Mitsui Indonesia
Shelf Registry
Bonds I Bank
5 20 June 2011 1,250,000 6,069 1,243,931 1,243,931 1,243,931 0
BTPN Phase II
Year 2012
Shelf Registry
Bonds I Bank
6 20 June 2011 750,000 3,668 746,332 746,332 746,332 0
BTPN Phase II
Year 2013
Shelf Registry
Bonds II Bank
7 26 June 2013 5,800,000 5,292 794,708 794,708 794,708 0
BTPN Phase I Year
2013
Shelf Registry
Bonds III Bank
8 27 June 2016 1,000,000 6,483 993,517 993,517 993,517 0
BTPN Phase I Year
2016
147
Shelf Registry
1,000,000
Shelf Registry
A serie:
Bonds IV Bank 27 November
10 799,000 10,220 989,780 989,780 989,780 0
BTPN Phase I Year 2019
B serie:
2019
201,000
The Affiliated Transaction in question is a Transaction with SMBC in the form of utilization and payment for information
technology services, including development and maintenance costs for information technology, which includes:
(a) FOX application
(b) OBS application
(c) SMAR & TS application
(d) GBR application
(e) Online Circuit Application
(f) eKYC application
(g) SWIFT application, and
(h) Application for Bankers Almanac, submitted to the public and OJK on 18 May 2020.
Management Discussion and Analysis
Furthermore, in order to comply with Article 8 The Board of Directors of the Company in this case has
and Article 9 POJK 42/2020, related to Affiliated stated that the Affiliated Transaction which is a business
Transactions, which are the Company’s business activity and is carried out after the enactment of POJK
activities that are carried out in order to generate 42/2020 is carried out by complying with applicable
business income and are carried out regularly, procedures including Management of Legal Lending
repeatedly, and/or continuously has been disclosed in Limits and Affiliated Transactions.
the audited financial statements for the 2020 financial
year, in a general note entitled Information Regarding
Related Parties pages 175-178.
Sumitomo Mitsui Banking Corporation, Affiliated Company Current accounts with other banks; deposits from
Bangkok other banks
Sumitomo Mitsui Banking Corporation, Affiliated Company Current accounts with other banks
Dusseldorf
Sumitomo Mitsui Banking Corporation, Europe Affiliated Company Current accounts with other banks
Ltd
Sumitomo Mitsui Banking Corporation, Affiliated Company Current accounts with other banks; deposits from
Hongkong other banks; derivative transactions
148
Sumitomo Mitsui Banking Corporation, Korea Affiliated Company Acceptance payable
Sumitomo Mitsui Banking Corporation, Affiliated Company Deposits from other banks; derivative transactions
2020 Annual Report PT Bank BTPN Tbk
Malaysia Berhad
Sumitomo Mitsui Banking Corporation, New Affiliated Company Current accounts with other banks
Delhi
Sumitomo Mitsui Banking Corporation, New Affiliated Company Current accounts with other banks
York
Sumitomo Mitsui Banking Corporation, Affiliated Company Current accounts with other banks; deposits from
Singapore other banks; borrowings; subordinated loans;
derivative transactions; Acceptance payable
Sumitomo Mitsui Banking Corporation, Tokyo Controlling shareholders Current accounts with other banks; deposits from
other banks; derivative transactions
Summit Oto Finance Affiliated Company Deposits from customers; loans; derivative
transactions
Fairness, Review Mechanism and Fulfillment of the Regulation on Transactions with Affiliated Parties
In performing its business activities, BTPN has the policies for granting approvals on transactions with related parties
in fairness and appropriateness in accordance with prevailing laws and regulations. The Bank conducts certain
transactions with related parties with the same requirements and conditions applicable with third parties.
BTPN performs transactions with related parties due to ownership and/or management relations. All transactions
with related parties are carried out based on the policies and requirements mutually agreed upon.
INFORMATION ON TRANSACTIONS • Bank Indonesia Regulation No.22/4/PBI/2020
RELATED TO INVESTMENT, EXPANSION, dated 26 March 2020, which came into effect
DIVESTMENT, ACQUISITION AND on 1 April 2020 concerning Incentives for Banks
RESTRUCTURING Providing Provision of Funds for Certain Economic
Activities to Support Handling the Economic
During 2020, BTPN did not engage in any material Impacts of the Corona Virus Outbreak, regarding
corporate action. providing incentives in the form of relaxed GWM
Daily rupiah of 0.5% for banks providing funds for
CHANGE IN REGULATIONS WITH certain economic activities to encourage banking
SIGNIFICANT IMPACT TO THE BANK intermediation during a certain period.
• Financial Services Authority Regulation No. 63/
In 2020, several new regulations have been issued POJK.03/2020 concerning Commercial Bank
which may have an impact on the business activities of Reporting Through the Financial Services
the Bank and its subsidiaries. The regulations include, Authority Reporting System and SEOJK No.
among others: 26/SEOJK.03/2020 concerning Conventional
• Financial Services Authority Regulation No.11/ Commercial Bank Reporting Through the Financial
POJK.03/2020 dated 13 March 2020 concerning Services Authority Reporting System. This policy
National Economic Stimulus as a Countercyclical contains technology-based supervision through
Policy on the Impact of Coronavirus Disease 2019, digitizing reports to OJK, as part of the OJK, BI, and
which came into effect since 16 March 2020. This LPS reporting integration program and in line with
policy regulates the quality of credit affected by technological developments.
COVID-19 and restructured is classified as current 149
since the restructuring was carried out until 31 CHANGES IN ACCOUNTING POLICIES
March 2021. This policy aims to encourage the IMPLEMENTED BY THE COMPANY IN
BTPN continues to perform its responsibilities as a business entity, such as in paying tax. Details of such compliance
implementation is presented in the table below.
INFORMATION ON BUSINESS CONTINUITY One manifestation of the Bank’s ability to manage the
situation is seen in the level of non-performing loans
Conditions in Fiscal Year 2020 (NPL) that can be maintained. Gross NPL increased
In the fiscal year 2020, the condition which was most from 0.81% in 2019 to 1.21% in 2020, but was still
influential to BTPN as well as to the banking industry below the industry average.
was the COVID-19 pandemic. The spread of the virus
has ensued the national economy to enter recession. Up to the publication of this 2020 annual report, BTPN
The majority of the business sectors’ performance were did not find any findings of material uncertainty that may
150 heavily burdened that subsequently affect banking. raise significant doubts regarding the Bank’s ability to
achieve the targets and continue business continuity.
Such a condition has reduced BTPN’s baseline. The
2020 Annual Report PT Bank BTPN Tbk
PT Bank BTPN Tbk (“BTPN”, “Bank”) unceasingly apply 9. Measuring and determining the Bank’s risk level to
the prudential principle in carrying out its business be disclosed in the form of risk profile.
activities. Development of external and internal 10. Treasury policies which cover liquidity risk
conditions has caused higher risk complexity in the management and ALMA policy.
banking business activities, as also implemented by the
Bank. Reference of laws and regulations serving as the Bank’s
basis of risk management implementation are including
For that reason, risk management process is designed the following:
for the Bank to be able to identify, measure, monitor and • OJK Regulation No. 18/POJK.03/2016 on the
control the risks faced by Bank BTPN and its subsidiary, Implementation of Risk Management for Commercial
namely BTPN Syariah. Improvement in such capacity Banks.
especially aims for the Bank’s business activities to • OJK Circular Letter No. 34/SEOJK.03/2016 on
avoid causing loss beyond the Bank’s capability, or the Implementation of Risk Management for
even distracts the Bank’s business continuity. Commercial Banks.
• OJK Regulation No.13/POJK.03/ 2020 on the
The Bank has implemented the Integrated Risk Implementation of Risk Management in the Use of
Management which covers all kinds of risks for the Information Technology by Commercial Banks.
sake of business continuity of the Bank as well as its • OJK Circular Letter No. 21/SEOJK.03/2017 on the
subsididary. All related obligations were also carried out Implementation of Risk Management in the Use of
in accordance with the laws and regulations, including Information Technology by Commercial Banks.
the periodical reports to regulator. • OJK Regulation No. 38/POJK.03/2017 on the
154 Consolidated Implementation of Risk Management
RISK MANAGEMENT POLICIES on Banks’ Control Over Subsidiaries.
• OJK Regulation No.17/POJK.03/ 2014 dated
2020 Annual Report PT Bank BTPN Tbk
The risk management policies applied by the Bank are 18 November 2014 and OJK Circular Letter No.
consistently in line with the Bank’s vision, mission and 14/SEOJK.03/2015 dated 25 May 2015 on the
strategic plans. The policies are established to ensure Implementation of Integrated Risk Management for
that the Bank’s risk exposure is consistent with internal Financial Conglomerates.
policies and procedures as well as prevailing laws and • OJK Regulation No. 55/POJK.03/2016 dated 7
regulations. December 2016 and OJK Circular Letter No.13/
SEOJK.03/2017 dated 17 March 2017 on
Several concerns are taken into account in Governance Implementation for Commercial Banks.
implementing risk management policies, namely as • OJK Circular Letter No. 35/SEOJK.03/2017 dated
follows: 7 July 2017 on the Guidelines for Internal Control
1. Types of business and product are in line with the System Standards for Commercial Banks.
Bank’s vision, mission and business strategies. • OJK Regulation No. 1/POJK.03/2019 dated 28
2. Clear and controlled identification and mitigation January 2019 on the Implementation of Internal
of risks, specifically which relate to the Bank’s Audit Function in Commercial Banks.
products and transactions. • OJK Regulation No. 46/POJK.03/2017 dated 12 July
3. Clear line of responsibility and accountability in 2017 on the Implementation of Compliance Function
managing each type of risk. in Commercial Banks.
4. Methodology and system of management • OJK Regulation No. 39/POJK.03/2019 on
information used can measure risks and support Implementation of Anti-Fraud Strategy for
business. Commercial Banks.
5. The implementation of authority and the amount • OJK Regulation No. 34/POJK.03/2016 on the
level of the limit show the maximum risk of loss that the Amendment of OJK Regulation No. 11/
may arise in line with the Bank’s tolerance and risk POJK.03/2016 dated 29 January 2016 on the
appetite. Minimum Capital Adequacy Requirement.
6. Business Continuity Management. • Basel Committee on Banking Supervision (BCBS).
7. Policies that regulate new products and activities.
8. Credit policies that serve as credit guidelines that In addition, the Bank has also several internal provisions
regulate sound credit provision, analysis, approval related to risk management implementation, which
and authority limit to excise credit, recording/ among others include the following:
register, limit setting and report. • Risk Management Policy
• Compliance Policy
• Corporate Governance Policy the Risk Management Committee charter) to provide
• Internal Audit Policy and Internal Audit Charter recommendations for improving the implementation
• Operational Risk Management Policy of the Bank’s risk management, including holding a
• Management and Security of Information Policy discussion on potential risks faced by the Bank which
• Business Continuity Management Policy might have significant impact. The Risk Management
Directorate regularly reviews policies and procedures,
RISK MANAGEMENT GOVERNANCE including socialization of existing risks faced by the
Bank.
Implementation of risk governance in Bank BTPN refers
to OJK Regulation No.18/POJK.03/2016 and Circular RISK MANAGEMENT ORGANIZATION
Letter No. 34/SEOJK.03/2016 on the Implementation of
Risk Management for Commercial Banks as well as OJK In executing its duties related to risk management
Regulation No.38/POJK.03/2017 on Implementation implementation, the Board of Commissioners and the
of Consolidated Risk Management for Banks that Board of Directors are assisted by a number of work
Conduct Control over Subsidiaries. The Bank delivers units, namely as follows:
risk profile report every quarter, both individually and in 1. Risk Monitoring Committee
consolidation. 2. Risk Management Committee
3. Risk Management Unit
In addition, in line with OJK Regulation No. 17/ 4. Assets and Liabilities Committee (ALCO)
POJK.03/2014 dated 19 November 2014 on the 5. Audit Committee
Implementation of Integrated Risk Management for 6. Information Technology Steering Committee
Financial Conglomerates, Bank BTPN as the Main Entity 7. Internal Audit 155
delivers the integrated risk profile report every semester 8. Risk Taking Unit
to OJK. 9. Compliance Unit
1 Risk Identification All types of risk inherent in every product and business activities must be identified. This is carried
out in order to acknowledge the potential risks and impact so that the Bank may be prepared with
control mechanism. Identification is mandatory for each Risk Taking Unit as the first defense layer
and strengthen by the identification of risks by the Risk Management Unit as the second defense
layer, by taking into account some matters noted as follows:
a. Identify all risks periodically.
b. Establish method or system to identify risks on all of the Bank’s products and business activities.
c. Identification process is carried out by analyzing all sources of risk from the Bank’s products and
activities as well as ensuring that such risks are processed through adequate risk management
process prior to approval for implementation.
2 Risk Measurement All identified risks must be weighed as one of the materials to evaluate results of the execution of risk
management implementation and as basis to determining steps for improvement. One of the ways
to measure risk exposure is by determining the risk parameter which must be adjusted if material
changes occur in the product processing, or the risk factor.
3 Risk Monitoring Risk Taking Unit and Risk Management Unit are required to conduct monitoring of risk exposure
and risk limit, as well as to periodically report to the Management and/or the Risk Management
Committee.
4 Risk Controlling Risk control is mandatory to be implemented on the Bank’s products and activities. Such control
refers to the principle of three lines of defense, where Risk Taking Unit and Business Risk as the first
line of defense, Risk Management and Compliance as the second line of defense and the Internal
Audit (SKAI) as the last line of defense.
5 Management Information Management Information System can accommodate risk management strategy, to provide accurate,
System informative of the financial condition, functional performance and risk exposure, up to date, secured,
consistent, and available on on-time basis as well as equipped with audit footprint.
6 Integrated Risk Management Consolidated/integrated risk management monitoring is limited to financial subsidiaries. This is in accordance
Implementation with the provisions of Bank Indonesia and OJK which include:
a. Supervision by the Board of Directors and the Board of Commissioners of the Main Entity.
b. Adequacy in the policies, procedures and limitsetting of Integrated Risk Management.
c. Adequacy in the processes of integrated risk identification, measurement, monitoring and control
as well as the Integrated Risk Management Information.
d. Comprehensive Internal Control System in the implementation of Integrated Risk Management.
Risk Management
and monitoring of this methodology. 10. To minimize fraud risk, the Bank has implemented
5. As the Bank that is classified into the D-SIB a risk awareness, anti-fraud awareness and
category, Bank has prepared a 2020 recovery plan The signing of the integrity pact by the Board
document in accordance with the provisions in the of Directors, Board of Commissioners, and
OJK Regulations and implemented the provisions employee. Adjustment to policies and operation risk
related to the Designation of Systemic Banks based management SOPs including anti-fraud strategies
on the determination of the OJK. to remain in accordance with the current conditions,
6. Continue coordination for Business Risk / ICR and assess each proposed initiative, product and
readiness as a PIC (Person in Charge) who assists activities risk, both new and in development. Risk
in the first line of defense regarding operational awareness and anti-fraud awareness socialization
risk management in each work unit through the is done through several media, namely through
implementation of the Business Risk Forum every e-newsletter broadcasts, email broadcasts, PC/
quarter related to new initiatives or methodologies laptop desktop wallpapers, standing acrylics,
that need to be implemented in work units each. comic strips on B-Connect, BTPN Info, anti-
7. Developing an ORMS (Operational Risk fraud animated video broadcasts, additional
Management System) to assist the Bank in information on whistleblowing services on the
managing operational risk through the development Bank BTPN website that can be used to reporting
of the KORI (Key Operational Risk Indicator) module. fraud incidents, conducting mandatory anti-fraud
assessments through e-learning, implementing anti-
fraud declarations through e-learning and anti-fraud
awareness delivered in in-class training and online
training to employees. In line with the prevailing
anti-fraud strategy, the Bank also continues to
continuously disseminate reports on fraud indication
events through whistleblowing that applies in BTPN.
11. The Bank has developed a new data infrastructure 5. Created a work protocol at BTPN that must be
to accommodate the development needs of the implemented in order to protect employees and
Financial Analytic Framework, which is divided into customers in order to minimize the possibility of
several phases, one of which is the development spreading the virus
of a financial simulation model implementation 6. Implemented several new work models at BTPN,
mechanism. especially with the implementation of WFH (work
12. Bank has conducted training alongside with the from home) such as the use of VPN, approval of
division of tasks and authorities related to the internal documents via email, and others
implementation of the internal grading model for the 7. Implemented a risk control mechanism for delivering
SME, Commercial and Enterprise segments. customer instructions through electronic channels
8. Ensures adequate liquidity for normal operations
In responding to the impact of the COVID-19 pandemic, and stress scenarios due to the impact of the
the Bank has made the following efforts: COVID-19 pandemic. The Bank always strives to
1. Made adjustments to the provisions or procedures comply with all regulatory requirements related to
at the bank-wide or business level for the liquidity, such as GWM, LCR and NSFR.
implementation of relaxation and restructuring for 9. Monitors daily the movement of third party funds
affected debtors by establishing debtor criteria and and other liquidity positions, as well as early warning
a restructuring scheme for debtors, debtors and indicators to inform ALCO and management for
affected economic sectors according to business faster and more accurate decision making.
segments and cooperation partners while still paying 10. Maintained positions in foreign currencies to
attention to the principle of prudence. ensure that banks can meet their needs in foreign
2. Made adjustments to the provisions and methods in currencies when there is a need for transactions and
157
the method of calculating the restructured reserves payments/settlement without causing risk of loss for
for debtors in accordance with letter number the Bank.
Implementation of Integrated Risk Management for first line of defense (Risk Taking Unit and ICR) and the
Financial Conglomeration, Bank as Main Entity second line of defense (Risk Management Directorate
prepare and submit integrated risk profile reports and Compliance Unit).
and integrated KPMM periodically in accordance with
OJK regulations. Assessment conducted by the Internal Audit on the
effectiveness of internal control also pays attention
In accordance with the regulations of Bank Indonesia to the organization and human resources, customer
and OJK, assessment on the risk profile is assessment service, the bank’s infrastructure as well as the
on inherent risks as well as the quality of the Risk implementation quality of the main processes that pose
Management implementation. Assessment is risks for the Bank.
conducted on 8 types of risks, namely credit risk,
market risk, liquidity risk, operational risk, strategic risk, For each finding, the Internal Audit conducts
legal risk, compliance risk and reputation risk. For the monitoring of the status of improvements carried
period as of December 2020 and December 2019, the out regularly and report them to the President
Bank’s individual and consolidated risk profile was at Director, the Board of Directors as well as the Audit
level 2 (low to moderate). Committee. Implementation of the supervisory function
by the Internal Audit is based on the POJK No. 1/
INTERNAL CONTROL SYSTEM POJK.03/2019 regarding the Implementation of Internal
Audit Function in Commercial Banks applied by the
The framework of BTPN’s internal control applies the Financial Services Authority and International Practices
Three Lines of Defense approach, which each works Professional Framework (IPPF). Every three years an
independently as follows: audit is conducted by an independent party on the
• First Line of Defense, Risk Taking Unit (RTU) is supervisory function of the Internal Audit to see the
assisted by Internal Control & Risk (ICR) Function, suitability of the implementation to prevailing standards.
sustaining disciplined operational risk management
practices on the daily basis.
Risk Monitoring Functions & Audit Committees
External Auditors
First Line of Defense Second Line of Defense Third Line of Defense
Regulators
Risk Taking Unit Risk Management
Internal Audit
CAPITAL DISCLOSURE
The Bank’s total capital as of 31 December 2020 was IDR 36.3 trillion, a slight decrease compared to the total capital in the previous period. This is due to the
decrease in capital instruments in the form of shares or others that meet Tier 2 requirements (due to the impact of foreign exchange and amortization) and a
reduction in the differences between required provision and allowance for impairment losses of earning assets (the highest is Credit Risk RWA at 1.25%).
Total RWA decreased in December 2020 to Rp 142.3 trillion in line with the decrease in credit risk RWA. The decrease in Total RWA and the increase in Core Capital
caused the CET1 Ratio, Tier 1 Ratio & Capital Adequacy Ratio to increase. In December 2020 the Total Capital Ratio was at 25.55%.
a b c d e f g
Counterparty
Credit Risk Securitisation Market Risk
Total Credit Risk
Framework Framework Framework
Framework
Asset carrying value in accordance with the scope of 183,165,978 132,809,484 - - 171,996,475
consolidated prudential requirements (as reported in
the template LI1)
Liabilities carrying value in accordance with the scope 183,165,978 - - - 146,394,483
of consolidated prudential requirements (as reported
in the template LI1)
Total net ammount in accordance with the scope of - 132,809,484 - - 25,601,992
consolidated prudential requirements.
Off-balance sheet amounts 107,509,308 107,509,308 - - -
Differences in valuations - - - - -
Differences due to different netting rules, other than - - - - -
those already included in row 2
Differences due to consideration of provisions - - - - -
Differences due to prudential filters - - - - -
Exposure amounts considered, in accordance with the - - - - -
scope of consolidated prudential requirements.
7 The difference in the amount less than the fair value adjustment of financial instruments - -
in the trading book.
8 Goodwill - (61,116)
16 Investments in own shares (if not already netted off paid-in capital on reported balance sheet) N/A N/A
18 Investments in the capital of Banking, financial and insurance entities that are outside the N/A N/A
scope of regulatory consolidation, net of eligible short positions, where the Bank does
not own more than 10% of the issued share capital (amount above 10% threshold)
19 Significant investments in the common stock of Banking, financial and insurance N/A N/A
entities that are outside the scope of regulatory consolidation, net of eligible short
positions (amount above 10% threshold)
21 Deferred tax assets arising from temporary differences (amount above 10% threshold, N/A N/A
net of related tax liability)
25 of which: deferred tax assets arising from temporary differences N/A N/A
26.g Others - -
29 Common Equity Tier 1 Common Equity Tier 1 after Regulatory Adjustment 25,588,377 29,426,916
30 Directly issued qualifying Additional Tier 1 instruments plus related stock surplus - -
33 Directly issued capital instruments subject to phase out from Additional Tier 1 N/A N/A
34 Additional Tier 1 instruments (and CET1 instruments not included in row 5) issued by - -
subsidiaries and held by third parties (amount allowed in group AT1)
39 Investments in the capital of Banking, financial and insurance entities that are outside N/A N/A
the scope of regulatory consolidation, net of eligible short positions, where the Bank
does not own more than 10% of the issued common share capital of the entity
(amount above 10% threshold)
40 Significant investments in the capital of Banking, financial and insurance entities that N/A N/A
are outside the scope of regulatory consolidation (net of eligible short positions)
47 Directly issued capital instruments subject to phase out from Tier 2 N/A N/A
48 Tier 2 instruments issued by subsidiaries are recognized in the calculation of 5,522,821 5,522,821
consolidated CAR.
50 PPKA’s general reserve for earning assets that must be calculated is a maximum 1,340,025 1,397,575
amount of 1.25% of the RWA for Credit Risk
54 Investments in the capital of Banking, financial and insurance entities that are outside N/A N/A
the scope of regulatory consolidation, net of eligible short positions, where the Bank
does not own more than 10% of the issued common share capital of the entity 165
(amount above the 10% threshold)
55 Significant investments in the capital Banking, financial and insurance entities that are N/A N/A
64 Institution specific buffer requirement (minimum CET1 requirement plus capital 5.50% 5.50%
conservation buffer plus countercyclical buffer requirements plus G-SIB buffer
requirement, expressed as a percentage of risk weighted assets)
68 Common Equity Tier 1 available to meet buffer (as a percentage of RWA) 13.86% 14.69%
69 National Common Equity Tier 1 minimum ratio (if different from Basel 3 minimum) N/A N/A
70 National Tier 1 minimum ratio (if different from Basel 3 minimum) N/A N/A
71 National total capital minimum ratio (if different from Basel 3 minimum) N/A N/A
Amounts below the thresholds for deduction (before risk weighting)
72 Non-significant investments in the capital and other TLAC liabilities of other financial N/A N/A
entities
75 Deferred tax assets arising from temporary differences (net of related tax liability) N/A N/A
Risk Management
76 Provisions eligible for inclusion in Tier 2 in respect of exposures subject to N/A N/A
standardised approach (prior to application of cap)
78 Provisions eligible for inclusion in Tier 2 in respect of exposures subject to internal N/A N/A
ratings-based approach (prior to application of cap)
79 Cap for inclusion of provisions in Tier 2 under internal ratings-based approach N/A N/A
Capital instruments subject to phase-out arrangements (only applicable between 1 Jan 2018 until 1 Jan 2022)
80 Current cap on CET1 instruments subject to phase out arrangements N/A N/A
81 Amount excluded from CET1 due to cap (excess over cap after redemptions and N/A N/A
maturities)
82 Current cap on AT1 instruments subject to phase out arrangements N/A N/A
83 Amount excluded from AT1 due to cap (excess over cap after redemptions and N/A N/A
maturities)
85 Amount excluded from T2 due to cap (excess over cap after redemptions and N/A N/A
maturities)
166
Capital Disclosures - Capital Reconciliation (CC2)
2020 Annual Report PT Bank BTPN Tbk
31 December 2020
No Accounts
Individual Consolidated
ASET
a. Abandoned properties - -
c. Suspense accounts 12 12
d. Interbranch assets - -
(in million Rupiah)
31 December 2020
No Accounts
Individual Consolidated
4 Electronic money - -
13 Interbranch liabilities - -
b. Disagio -/- - -
b. Loss -/- - -
b. Appropriate reserves - -
In general, the capital component is dominated by The Bank uses the Standardized Approach in capital
permanent capital. The core capital is the largest management of credit risk. The calculation of the
element of the Bank’s capital. In December 2020, Risk-Weighted Asset (RWA) is generally performed by
the ratio of total capital against RWA was at 25.55% referring to the risk weight in accordance with OJK
(consolidated). This ratio stands far above the minimum regulations and the rating published by rating agencies
CAR requirement set by the Financial Services designated by regulator.
Authority for Banks with a risk profile rating 2, namely
9% to less than 10%. The Bank will continue to strive to In line with currently prevailing BI and OJK regulations,
maintain CAR at a healthy level. the Bank measures its capital adequacy for operational
risk by using the Basic Indicator Approach method.
The Bank’s consolidated capital structure is dominated Based on this method, the Bank allocates a minimum
by the core capital (81.0% of Bank BTPN’s total capital for operational risk based on historical data,
consolidated capital). This capital consists of paid- which is the same as the average amount of annual
up capital, additional paid-up capital, and retained gross income for the last 3 years (positive) multiplied by
earnings. the current applicable alfa coefficient of 15%.
The Bank continues to conduct assessment to In managing market risk, the Bank uses the
strengthen the level of capital according to needs if standardized method in calculating RWA for Market
market conditions are conducive. Risk.
The sources of capital that are expected to be pursued The Bank’s Management has a good understanding
172 by the Bank to realize the capital plan or meet the of managing its capital and views the capital planning
Bank’s capital needs are from Retained Earnings and as an important element to establishing the Bank’s
additional capital from shareholders, either through strategic objectives by analyzing the Bank’s present
2020 Annual Report PT Bank BTPN Tbk
a right issue or a public offering. The accumulation and future capital adequacy through strategic planning
of Retained Earnings is affected by the amount of process. This is shown by maintaining the Bank’s
dividends paid by the Bank to shareholders which performance through continuous monitoring on the
is decided in the General Meeting of Shareholders. quality of risk management, periodical audit by the
In determining dividend payments, the Bank always Internal Audit Unit, adequate policy on dividend
considers capital adequacy, both in terms of fulfillment disbursement as well as the management’s commitment
of CAR and fulfillment of LLL in accordance with plans on the Bank’s strategies and targets as disclosed in the
for future credit growth. Bank capital is projected to Bank’s Business Plan.
increase in line with accumulated earnings.
The Bank’s capital ratio is rated as very good, namely
B. Capital Adequacy above the requirements set forth by Bank Indonesia.
The management uses the capital ratio standards The trend in capital growth based on the Bank’s
to monitor capital adequacy in accordance with Business Plan (BBP) also shows its capability to support
the industry standards. OJK’s approach to capital the Bank’s future business expansion.
measurement is mainly based on the monitoring of the
level of required capital (measured at 8.0% of the risk- Likewise, if associated with the incentive for the
weighted assets) against available capital and the Bank Statutory Reserve Requirements for Macropruedential
also continuously apply the Internal Capital Adequacy Intermediation Ratio. The Bank’s Capital Adequacy
Assessment Process (ICAAP) in accordance with Ratio (CAR) level meets the minimum OJK requirement
prevailing regulations. of 8.0%-14.0%. In accordance with the self-
assessment result of the Bank’s risk profile, the CAR
This relates to the determination of capital adequacy in position required according to the Bank’s Consolidated
accordance with the Bank’s risk profile. This process is Risk Profile as of December 2020 is 9.25%.
carried out to increase the effectiveness of the Bank in
risk management.
RISK EXPOSURE DISCLOSURE The Bank remains active in managing and
supervising the risk management implementation
A. Credit Risk and effectively improves the policies, procedures
Credit Risk in BTPN is a prudential principal to avoid and risk management system development.
risks that arise as a result of other parties’ failure to
meet their obligations to the Bank, including credit Aside from establishing policies and procedures,
risk due to debtors’ failure, credit concentration risk, the Bank also sets the limit to maintain credit risk
counterparty credit risk and settlement risk. exposure in line with the Bank’s risk appetite.
The limit, among others, consists of limit in
1. Credit Risk Management Framework decision making authority in accordance with
Calculating credit risk is done based on portfolio the competency of the decision-maker and
and transactional. The calculation may use both the risk level as well as assurance that there is
quantitive and qualitative methods in accordance no conflict of interest in the credit processing
with the standards of BI, OJK and/or adopted best provided to customers. Meanwhile, determining
practices or internal model developed by the Bank. the Legal Lending Limit is done accordance with
OJK Regulation No. 32/POJK.03/2018 and its
Credit risk measurement is carried out, among amendment POJK No. 38/POJK/.03/2019 by taking
others, through: risk ratings and stress tests. into account the last updated regulation.
2. Adequacy of Policy, Procedures and Limit The Bank manages, and controls credit risk
The credit policy of Bank BTPN refers to the concentration wherever such risk is identified-
Regulation of the Financial Services Authority specifically towards individual and group debtors
173
No. 42/POJK.03/2017 on the Requirement to and industries as well as geographic sectors.
Prepare and Implement Credit or Financing Policy
This policy aims to establish credit risk The Bank carefully monitors development of credit
management in accordance with global standards portfolio which allows the Bank to take preventive
as an internationally active Bank and carries out action in time should a decline in credit quality
appropriate credit programs in an organize manner occurs, by early detection of problems and tight
for the Bank’s better credit culture. monitoring.
The Bank is categorized as one of the systemically 3. Adequacy of Processes in Risk Identification,
important banks in Indonesia. For this reason, the Measurement, Monitoring, and Control, and Risk
Bank has established the Recovery Plan Document Management Information Systems
which includes its asset quality aspect. The Bank BTPN’s Credit Risk framework is implemented
recovery plan identifies the options to recover the through an integrated process and consists of
financial strength and viability if the Bank faces risk identification, measurement, monitoring, and
burdensome pressures, especially in terms of the control/mitigation processes.
asset quality.
Risk Management
The process of credit risk identification, among 4. Internal Control System for Credit Risk
others, is implemented starting from determining the The Internal Control System is implemented
industrial sector or customer segment to be funded, to manage risks that pose threats to the
through analysis of customers’ credit requests as Bank’s business continuity. For example, the
well as analysis of products and activities that may implementation of effective handling procedures on
potentially cause credit risks by conducting risk credit in non performing by separating the function
assessment on Product Programs. Based on the of settling non performing loans and the function of
process of identifying such credit risks, the Bank credit approvals.
takes measurement of the credit risks by utilizing
the main indicators that show the customers’ credit Results from handling non performing credits
quality, such as the Non-Performing Loan and must be documented to be used as materials for
periodically measures the quality of the low-quality consideration in channeling or restructuring loans.
assets as well as monitor customers who are
included in the watchlist account. Credit risk can also be controlled through risk
mitigation, active management of position and
As part of the credit risk measurement, stress risk portfolio as well as determining the targets of
testing is conducted in order to evaluate the concentration risk limit.
resilience of the Bank in facing extreme conditions.
5. Credit Concentration Risk Management Policy
The system of measuring credit risk must take The Bank manages credit concentration risk by
into account product characteristics, tenors, monitoring among others, the industry sector
174 collateral aspects, default potential, and the Bank’s exposure, particularly the types of loan, as well as
capability to absorb potential defaults and conduct individuals and business groups exposure.
quantification of, among others the composition of
2020 Annual Report PT Bank BTPN Tbk
asset portfolio including the type, exposure feature, 6. Definition of Past-Due Claim
credit growth, adequacy of reserves, concentration Claims that are past-due are all receivables in arrear
level and the quality of fund provision, incorporating for more than 90 (ninety) days, both on principal
level of problem assets and foreclosed assets, and/or interest payments.
as well as the mark to market specific credit risk
transactions. The Bank monitors actual credit 7. Definition of Impaired Claim
risk exposure compared to the credit risk limit, the The Bank conducts evaluation on financial assets/
management of instead of troubled should be use financial asset groups with diminishing value in each
problem asset terminology credit as well as monitors balance sheet date. Any receivables with impairment
the conformity between policies and implementation are determined based on financial assets/
of credit risk management. financial asset groups if objectively proven that the
impairment occurs as a result of one or more events
Development of management information system occurring subsequent to the initial recognition of
is carried out in continuity in order to present credit the asset (loss event). Such loss event affects the
risk information on regular basis. estimated future cash flow of the financial assets
or financial asset groups that can be accurately
estimated.
8. In regards to estimation of loan provision of asset portfolio requires further estimation of
In regards to estimation of loan loss provision of possible default, from the ratio of related loss and
financial assets, the Bank has applied PSAK 71 correlation of default between parties. The Bank
since 1 January 2020.PSAK 71 requires impairment measures credit loss by use of Probability of Default
loss to be recognized at the amount of the expected (PD),Exposure at Default (EAD), Loss Given Default
credit loss (12 months ECL) or lifetime expected (LGD) and macroeconomic variables for forward
credit loss (lifetime ECL) of financial assets. Lifetime looking estimation.
ECL is expected loss originating from all possible
expected lifetime default of financial instruments, In accordance with PSAK 71, the Bank applies the
while 12 months ECL is a portion of the expected “Three-Phase” model for value changes based
credit loss from possible defaults within 12 months on the change in the credit quality since its initial
upon submission of report. recognition as summarized below:
- Financial instruments which do not experience
Expected credit loss is a weighted probability a decrease in credit value since its initial
estimate of credit loss (namely current value of recognition are classified in “Phase 1”.
overall cash shortfall) during the estimated life - If a significant increase in credit risk (“SICR”)
span of a financial instrument. Cash shortfall is the since its initial recognition is identified, the
difference in the cash flow which the entity expects financial instrument is moved to “Phase 2” but is
to receive. Since expected credit loss takes into not yet considered to have experienced impaired
account the amount and the time of payment, in the credit value.
credit loss will remain to persist although the entity - If the financial instrument is experiencing
expects to be paid in full even after maturity. a decrease in the credit value, the financial
175
instrument is then moved to “Phase 3”.
Expected Credit Loss (“ECL”) is recognized for
176
Net Claims Disclosures based on Geographic Area - Consolidated Bank and Subsidiary
2020 Annual Report PT Bank BTPN Tbk
31 December 2020
Net claims based on geographic area
No Portfolio Category
Bali & Nusa Kalimantan
Jawa Sumatera Overseas Total
Tenggara & Sulawesi
(1) (2) (3) (4) (5) (6) (7) (8)
1 Claims on sovereign 35,969,438 - - - - 35,969,438
2 Claims on Public Sector Entity 12,709,545 - 2,588,101 - 2,767 15,300,413
3 Claims on Multilateral Development - - - - - -
Banks and International Institute
4 Claims on Bank 3,096,720 - - - 940,816 4,037,536
5 Secured by Residential Property 99 117 - 128 - 344
6 Secured by Commercial Real Estate - - - - - -
7 Pensioners/Other institutions' employees 15,311,937 1,856,571 7,691,761 7,298,647 - 32,158,916
loans
8 Claims on Micro, Small and Retail 7,428,796 361,046 2,406,560 537,170 - 10,733,572
Portfolio
9 Claims on Corporate 80,542,004 219,133 6,125,104 4,923,565 282,435 92,092,241
10 Past due claims 206,037 7,751 111,184 52,206 - 377,178
11 Other assets 6,785,044 42,549 334,912 68,856 - 7,231,361
Total 162,049,620 2,487,167 19,257,622 12,880,572 1,226,018 197,900,999
31 December 2019
Net claims based on geographic area
Bali & Nusa Kalimantan &
Java Sumatera Overseas Total
Tenggara Sulawesi
(9) (10) (11) (12) (13) (14)
21,963,565 - - - - 21,963,565
9,157,858 - 998,700 - 61,966 10,218,524
- - - - - -
177
Net Claims Disclosure Based on Residual Contractual Maturity - Bank Stand Alone
31 Desember 2020
Net Claims Disclosure Based on Residual Contractual Maturity
No Portfolio Category
Non
<1 Year 1-3 Year 3-5 Year >5 Year Total
Contractual
(1) (2) (3) (4) (5) (6) (7) (8)
1 Claims on sovereign 30,515,454 - - - - 30,515,454
2 Claims on Public Sector Entity 2,974,568 4,549,720 7,273,431 324,481 - 15,122,200
3 Claims on Multilateral Development - - - - - -
Banks and International Institute
4 Claims on Bank 1,692,431 1,000,483 636,217 40,842 419,504 3,789,477
5 Secured by Residential Property 117 227 - - - 344
6 Secured by Commercial Real Estate - - - - - -
7 Pensioners/Other institutions' employees 23,034,449 9,124,467 - - - 32,158,916
loans
8 Claims on Micro, Small and Retail 1,981,670 1,354 - - - 1,983,024
Portfolio
9 Claims on Corporate 32,075,501 32,257,635 15,132,929 12,617,944 - 92,084,009
10 Past due claims 323,969 50,865 - - - 374,834
11 Other assets 5,736,530 - - - - 5,736,530
Net Claims Disclosure Based on Residual Contractual Maturity - Consolidated Bank and Subsidiary
2020 Annual Report PT Bank BTPN Tbk
31 Desember 2020
Net Claims Disclosure Based on Residual Contractual Maturity
No Portfolio Category
Non
<1 Year 1-3 Year 3-5 Year >5 Year Total
Contractual
(1) (2) (3) (4) (5) (6) (7) (8)
1 Claims on sovereign 34,523,281 688,968 378,718 - 378,471 35,969,438
2 Claims on Public Sector Entity 3,152,781 4,549,720 7,273,431 324,481 - 15,300,413
3 Claims on Multilateral Development - - - - - -
Banks and International Institute
4 Claims on Bank 1,692,431 1,000,483 636,217 40,842 667,563 4,037,536
5 Secured by Residential Property 117 227 - - - 344
6 Secured by Commercial Real Estate - - - - - -
7 Pensioners/Other institutions' employees 23,034,449 9,124,467 - - - 32,158,916
loans
8 Claims on Micro, Small and Retail 8,256,826 2,476,746 - - - 10,733,572
Portfolio
9 Claims on Corporate 32,078,108 32,263,260 15,132,929 12,617,944 - 92,092,241
10 Past due claims 326,206 50,972 - - - 377,178
11 Other assets 5,736,530 - - - 1,494,831 7,231,361
Total 108,800,729 50,154,843 23,421,295 12,983,267 2,540,865 197,900,999
31 Desember 2019
Net Claims Disclosure Based on Residual Contractual Maturity
<1 Year 1-3 Year 3-5 Year >5 Year Non Contractual Total
<1 Year 1-3 Year 3-5 Year >5 Year Non Contractual Total
Claims on
Multilateral
Claims on Claims on Public Development
No Economic Sector Claims on Bank
Sovereign Sector Entity Banks
and International
Institute
(1) (2) (3) (4) (5) (6)
December 2020
1 Agriculture, forestry and fisheries - 1,232,597 - -
2 Mining and excavation - - - -
3 Manufacturing - 2,183,074 - -
4 Procurement of Electricity, Gas, Steam/Hot Water - 6,005,363 - -
and Cold Air
5 Water Management, WasteWater Management, - - - -
Waste Management and Recycling
6 Construction - 4,780,186 - -
7 Wholesale and retail trading; Repair and - - - -
Maintenance of Cars and Motorcycles
8 Transportation and Warehousing - 750,000 - -
9 Provision of Accommodation and Provision of - - - -
Drinking Food
10 Information and Communication - - - -
11 Financial and Insurance Activities 19,604,666 170,956 - 3,389,752
12 Real Estate - 24 - -
13 Professional, Scientific, and Technical Activities - - - -
180 14 Rental and Rental Activities Without Option Rights, - - - -
Employment, Travel Agents, and Other Business
Support
15 Government, Defense and Compulsory Social - - - -
2020 Annual Report PT Bank BTPN Tbk
Security Administration
16 Education - - - -
17 Human Health Activities and Social Activities - - - -
18 Arts, Entertainment and Recreation - - - -
19 Other Service Activities - - - -
20 Household Activities as An Employer - - - -
21 Activities of the International Agency and Other - - - -
Extra International Agency
22 Not a Business Field - - - -
23 Others 10,910,788 - - 399,725
Total 30,515,454 15,122,200 - 3,789,477
December 2019
1 Agriculture, forestry and fisheries - - - -
2 Mining and excavation - 499,364 - -
3 Manufacturing - 1,246,636 - -
4 Procurement of Electricity, Gas, Steam/Hot Water - 3,548,021 - -
and Cold Air
5 Water Management, WasteWater Management, - - - -
Waste Management and Recycling
6 Construction - 4,895,253 - -
7 Wholesale and retail trading; Repair and - - - -
Maintenance of Cars and Motorcycles
8 Transportation and Warehousing - 29,250 - -
9 Provision of Accommodation and Provision of - - - -
Drinking Food
10 Information and Communication - - - -
11 Financial and Insurance Activities 20,141,722 - - 2,750,265
12 Real Estate - - - -
13 Professional, Scientific, and Technical Activities - - - -
14 Rental and Rental Activities Without Option Rights, - - - -
Employment, Travel Agents, and Other Business
Support
15 Government, Defense and Compulsory Social - - - -
Security Administration
16 Education - - - -
17 Human Health Activities and Social Activities - - - -
18 Arts, Entertainment and Recreation - - - -
19 Other Service Activities - - - -
20 Household Activities as An Employer - - - -
21 Activities of the International Agency and Other - - - -
Extra International Agency
22 Not a Business Field - - - -
23 Others 1,821,843 - - 199,204
Total 21,963,565 10,218,524 - 2,949,469
(in million Rupiah)
- - - - - - -
- - - - 9,072,486 - -
- - 16,244 53,927 132,076 695 -
- - - - - - -
- - 12,180 2,632 19,216,855 1,122 -
- - - - 6,452,398 - -
- - - - - - -
- - - - - - - 181
- - - 999 74 - -
- - - - - - -
- - - - 7,782,362 - -
- - 20,374 90,737 137,316 1,630 -
- - - - - - -
- - - - 20,778,076 - -
- - 15,504 4,391 8,878,235 2,421 -
- - - - - - -
- - - - - - -
- - - - - - -
- - - 1,485 812 - -
- - 96 29,362 2,895 185 -
- - 21 259,200 142,357 4,830 -
- - - - - - -
369 - 35,507,171 2,494,193 5,966 167,754 -
- - 1,403 - - - -
- - - 1,000,067 - 19,878 -
- - - 4,830 659,055 16,594 6,036,466
369 - 35,668,136 4,954,246 97,172,070 473,988 6,036,466
Risk Management
Net Claims Dicslosure based on Economic Sector - Consolidated Bank and Subsidiary
Claims on
Multilateral
Claims on Claims on Public Development
No Economic Sector Claims on Bank
sovereign Sector Entity Banks
and International
Institute
(1) (2) (3) (4) (5) (6)
December 2020
1 Agriculture, forestry and fisheries - 1,232,597 - -
2 Mining and excavation - - - -
3 Manufacturing - 2,183,074 - -
4 Procurement of Electricity, Gas, Steam/Hot Water - 6,005,363 - -
and Cold Air
5 Water Management, WasteWater Management, - - - -
Waste Management and Recycling
6 Construction - 4,780,186 - -
7 Wholesale and retail trading; Repair and - - - -
Maintenance of Cars and Motorcycles
8 Transportation and Warehousing - 750,000 - -
9 Provision of Accommodation and Provision of - - - -
Drinking Food
10 Information and Communication - - - -
11 Financial and Insurance Activities 19,604,666 170,956 - 3,389,752
12 Real Estate - 24 - -
13 Professional, Scientific, and Technical Activities - - - -
182 14 Rental and Rental Activities Without Option Rights, - - - -
Employment, Travel Agents, and Other Business
Support
2020 Annual Report PT Bank BTPN Tbk
December 2019
1 Agriculture, forestry and fisheries - - - -
2 Mining and excavation - 499,364 - -
3 Manufacturing - 1,246,636 - -
4 Procurement of Electricity, Gas, Steam/Hot Water - 3,548,021 - -
and Cold Air
5 Water Management, WasteWater Management, - - - -
Waste Management and Recycling
6 Construction - 4,895,253 - -
7 Wholesale and retail trading; Repair and - - - -
Maintenance of Cars and Motorcycles
8 Transportation and Warehousing - 29,250 - -
9 Provision of Accommodation and Provision of - - - -
Drinking Food
10 Information and Communication - - - -
11 Financial and Insurance Activities 20,141,722 - - 2,750,265
12 Real Estate - - - -
13 Professional, Scientific, and Technical Activities - - - -
14 Rental and Rental Activities Without Option Rights, - - - -
Employment, Travel Agents, and Other Business
Support
15 Government, Defense and Compulsory Social - - - -
Security Administration
16 Education - - - -
17 Human Health Activities and Social Activities - - - -
18 Arts, Entertainment and Recreation - - - -
19 Other Service Activities - - - -
20 Household Activities as An Employer - - - -
21 Activities of the International Agency and Other - - - -
Extra International Agency
22 Not a Business Field - - - -
23 Others 6,838,525 123,319 - 366,071
Total 26,980,247 10,341,843 - 3,116,336
(in million Rupiah)
- - - - - - -
- - - 10,706 9,072,486 6 -
- - 16,244 183,229 132,076 758 -
- - - - - - -
- - 12,180 2,912 19,225,087 1,122 -
- - - 3,956 6,452,398 1 -
- - - - - - -
- - - - - - - 183
- - - - - - -
- - - 26,556 7,782,362 63 -
- - 20,374 267,415 137,316 2,248 -
- - - - - - -
- - - 802 20,806,914 - -
- - 15,504 10,543 8,878,235 2,435 -
- - - - - - -
- - - - - - -
- - - - - - -
- - - 1,485 812 - -
- - 96 32,598 2,895 201 -
- - 21 302,218 142,357 4,943 -
- - - - - - -
369 - 35,507,171 3,287,389 5,966 169,393 -
- - 1,403 - - - -
- - - 1,000,137 - 19,878 -
- - - 11,447 659,055 16,635 7,103,912
369 - 35,668,136 13,699,251 97,200,907 497,201 7,103,912
Risk Management
Claims and Allowances Disclosure based on Geographic Area - Bank Stand Alone
31 December 2020
Geographic Area
No Category Portofolio
Bali & Nusa Kalimantan
Java Sumatera Overseas Total
Tenggara & Sulawesi
(1) (2) (3) (4) (5) (6) (7) (8)
1 Gross claims 135,570,932 2,139,866 16,328,283 12,519,933 849,388 167,408,402
2 Impaired claims
a. Not yet matured 731,635 15,665 222,929 101,993 - 1,072,222
b. Matured 157,535 8 5,425 8,376 - 171,344
3 Allowance for impairment losses - 433,631 45,224 87,947 111,793 50 678,645
Stage 1
4 Allowance for impairment losses - 498,933 83,697 216,105 41,808 - 840,603
Stage 2
5 Allowance for impairment losses - 844,946 65,142 136,156 51,857 - 1,098,101
Stage 3
6 Amounts written-off 3,161,546 277,531 1,152,052 354,082 - 4,945,211
Claims and Allowances Disclosure based on Geographic Area - Consolidated Bank and Subsidiary
31 December 2020
Geographic Area
No Category Portofolio
Bali & Nusa Kalimantan
184 Java
Tenggara
Sumatera
& Sulawesi
Overseas Total
2 Impaired claims - - - - - -
a. Not yet matured 731,635 15,665 222,929 101,993 - 1,072,222
b. Matured 291,461 6,897 39,319 15,752 - 353,429
3 Allowance for impairment losses - 1,084,487 72,927 227,525 143,146 50 1,528,135
Stage 1
4 Allowance for impairment losses - 498,993 83,697 216,105 41,808 - 840,603
Stage 2
5 Allowance for impairment losses - 844,946 65,142 136,156 51,857 - 1,098,101
Stage 3
6 Amounts written-off 3,837,698 327,298 1,330,794 433,998 - 5,929,788
31 December 2019
Geographic Area
Bali & Nusa Kalimantan &
Java Sumatera Overseas Total
Tenggara Sulawesi
(8) (9) (10) (11) (12) (13)
129,514,518 2,876,028 18,775,197 13,568,928 870,726 165,605,396
31 December 2019
Geographic Area
Bali & Nusa Kalimantan &
Java
Tenggara
Sumatera
Sulawesi
Overseas Total 185
(3) (4) (5) (6) (7)
142,024,112 3,206,552 21,002,664 13,964,832 870,726 181,068,885
Claims and Allowances Disclosure based on Economic Sector - Bank Stand Alone
(in million Rupiah)
Impaired claims Allowance Allowance Allowance
for for for
Amounts
No Economic Sector Claims Not yet impairment impairment impairment
Matured Written-Off
matured losses - losses - losses -
Stage 1 Stage 2 Stage 3
(1) (2) (3) (4) (5) (6) (7) (8) (9)
December 2020
1 Agriculture, forestry and fisheries 4,278,244 821 - 11,045 2,080 898 21,333
2 Mining and excavation 1,909,472 - - 1,864 8,145 - 5,814
3 Manufacturing 28,768,586 116,932 55,363 122,015 123,946 154,466 385,163
4 Procurement of Electricity, Gas, Steam/ 6,065,418 - - 1,701 - - 2,195
Hot Water and Cold Air
5 Water Management, WasteWater - - - - - - -
Management, Waste Management and
Recycling
6 Construction 6,196,394 28,937 3,000 14,578 182,361 16,925 77,314
7 Wholesale and retail trading; Repair and 15,875,335 325,177 86,836 291,702 272,021 372,902 739,245
Maintenance of Cars and Motorcycles
8 Transportation and Warehousing 8,069,801 2,761 25,977 19,375 15,398 40,057 60,576
9 Provision of Accommodation and 210,015 1,054 - 5,810 10,419 8,154 21,382
Provision of Drinking Food
10 Information and Communication - - - - - - -
11 Financial and Insurance Activities 40,063,085 60,295 - 11,389 82,525 113,038 124,179
12 Real Estate 4,492,743 168,308 - 16,095 27,305 170,943 49,194
13 Professional, Scientific, and Technical - - - - - - -
Activities
14 Rental and Rental Activities Without - - - - - - -
186 Option Rights, Employment, Travel
Agents, and Other Business Support
15 Government, Defense and Compulsory 1,073 - - - - - -
Social Security Administration
2020 Annual Report PT Bank BTPN Tbk
December 2019
1 Agriculture, forestry and fisheries 3,062,071 2,357 - 20,429
2 Mining and excavation 2,071,157 - - 8,093
3 Manufacturing 31,077,983 135,518 8,059 297,714
4 Procurement of Electricity, Gas, Steam/ 4,450,519 - - 2,523
Hot Water and Cold Air
5 Water Management, WasteWater - - - -
Management, Waste Management and
Recycling
6 Construction 6,502,458 39,819 - 61,585
7 Wholesale and retail trading; Repair and 15,268,553 254,353 8,002 623,329
Maintenance of Cars and Motorcycles
8 Transportation and Warehousing 7,262,381 36,852 - 51,862
9 Provision of Accommodation and 269,815 8,926 5,000 19,832
Provision of Drinking Food
10 Information and Communication - - - -
11 Financial and Insurance Activities 41,241,045 - - 168,518
12 Real Estate 5,807,520 210,329 - 45,268
13 Professional, Scientific, and Technical - - - -
Activities
14 Rental and Rental Activities Without - - - -
Option Rights, Employment, Travel
Agents, and Other Business Support
15 Government, Defense and Compulsory - - - -
Social Security Administration
16 Education 2,297 - - 169
17 Human Health Activities and Social 32,613 260 - 2,397
Activities
18 Arts, Entertainment and Recreation 408,654 7,075 - 27,288
19 Other Service Activities 1,403 - - -
20 Household Activities as An Employer 38,388,989 351,033 174 2,820,411
21 Activities of the International Agency and - - - -
Other Extra International Agency
22 Not a Business Field 1,019,944 49,976 - 77,179
23 Others 8,737,993 - - -
Total 165,605,396 1,096,498 21,235 4,226,596
Claims and Allowances Disclosure based on Economic Sector - Consolidated Bank and Subsidiary
(in million Rupiah)
Impaired claims Allowance Allowance Allowance
for for for
Amounts
No Economic Sector Claims Not yet impairment impairment impairment
Matured Written-Off
matured losses - losses - losses -
Stage 1 Stage 2 Stage 3
(1) (2) (3) (4) (5) (6) (7) (8) (9)
December 2020
1 Agriculture, forestry and fisheries 4,978,969 821 11,482 68,676 2,080 898 53,784
2 Mining and excavation 1,912,015 - 60 2,147 8,145 - 6,086
3 Manufacturing 29,028,114 116,932 61,934 148,439 123,946 154,466 422,061
4 Procurement of Electricity, Gas, Steam/ 6,065,418 - - 1,701 - - 2,195
Hot Water and Cold Air
5 Water Management, WasteWater - - - - - - -
Management, Waste Management and
Recycling
6 Construction 6,196,394 28,937 3,000 14,578 182,361 16,925 77,314
7 Wholesale and retail trading; Repair and 23,851,094 325,177 229,284 981,396 272,021 372,902 1,562,033
Maintenance of Cars and Motorcycles
8 Transportation and Warehousing 8,082,109 2,761 26,418 20,972 15,398 40,057 62,629
9 Provision of Accommodation and 356,608 1,054 4,828 23,039 10,419 8,154 51,162
Provision of Drinking Food
10 Information and Communication - - - - - - -
11 Financial and Insurance Activities 40,071,691 60,295 - 11,483 82,525 113,038 124,179
12 Real Estate 4,497,274 168,308 105 16,669 27,305 170,943 50,146
13 Professional, Scientific, and Technical - - - - - - -
Activities
14 Rental and Rental Activities Without - - - - - - -
Option Rights, Employment, Travel 187
Agents, and Other Business Support
15 Government, Defense and Compulsory 1,073 - - - - - -
Social Security Administration
December 2019
1 Agriculture, forestry and fisheries 3,753,394 2,357 5,610 40,639
2 Mining and excavation 2,075,474 - 19 8,223
3 Manufacturing 31,421,213 135,518 12,474 322,808
4 Procurement of Electricity, Gas, Steam/ 4,450,519 - - 2,523
Hot Water and Cold Air
5 Water Management, WasteWater - - - -
Management, Waste Management and
Recycling
6 Construction 6,502,458 39,819 - 61,585
7 Wholesale and retail trading; Repair and 22,195,996 254,353 107,878 1,225,771
Maintenance of Cars and Motorcycles
8 Transportation and Warehousing 7,289,780 36,852 293 53,188
9 Provision of Accommodation and 453,999 8,926 8,231 42,135
Provision of Drinking Food
10 Information and Communication - - - -
11 Financial and Insurance Activities 41,270,984 - - 168,518
12 Real Estate 5,813,923 210,329 96 45,963
13 Professional, Scientific, and Technical - - - -
Activities
14 Rental and Rental Activities Without - - - -
Option Rights, Employment, Travel
Agents, and Other Business Support
15 Government, Defense and Compulsory - - - -
Social Security Administration
16 Education 2,297 - - 169
17 Human Health Activities and Social 36,002 260 72 2,539
Activities
18 Arts, Entertainment and Recreation 453,332 7,075 690 29,020
19 Other Service Activities 1,403 - - 56
20 Household Activities as An Employer 39,208,779 351,033 8,340 2,848,580
21 Activities of the International Agency and - - - -
Other Extra International Agency
22 Not a Business Field 1,020,014 49,976 - 77,179
23 Others 15,119,317 - 202 70
Total 181,068,885 1,096,498 143,905 4,928,966
Risk Management
189
Net Claims Disclosure based on Portfolio Category and Rating Scale - Bank Stand Alone
Rating Agencies
PT Pemeringkat Efek
idAAA idAA+ s.d idAA- idA+ s.d id A-
Indonesia
11 Other assets
Rating Agencies
PT Pemeringkat Efek
idAAA idAA+ s.d idAA- idA+ s.d id A-
Indonesia
11 Other assets
Net Claims
BBB+ s.d BBB- BB+ s.d BB- B+ s.d B- Kurang dari B- A-1 A-2 A-3 Kurang dari A-3
BBB+ s.d BBB- BB+ s.d BB- B+ s.d B- Kurang dari B- F1+ s.d F1 F2 F3 Kurang dari F3
Baa1 s.d Baa3 Ba1 s.d Ba3 B1 s.d B3 Kurang dari B3 P-1 P-2 P-3 Kurang dari P-3 Unrated
BBB+(idn) s.d BB+(idn) s.d B+(idn) s.d Kurang dari F1+(idn) s.d Kurang dari
F2(idn) F3(idn)
BBB-(idn) BB-(idn) B-(idn) B-(idn) F1(idn) F3(idn)
- - - - - - - - 30,506,289
- - - - - - - - -
344
32,158,916
1,983,024
31 December 2019
Net Claims
BBB+ s.d BBB- BB+ s.d BB- B+ s.d B- Kurang dari B- A-1 A-2 A-3 Kurang dari A-3
BBB+ s.d BBB- BB+ s.d BB- B+ s.d B- Kurang dari B- F1+ s.d F1 F2 F3 Kurang dari F3
Baa1 s.d Baa3 Ba1 s.d Ba3 B1 s.d B3 Kurang dari B3 P-1 P-2 P-3 Kurang dari P-3 Unrated
BBB+(idn) s.d BB+(idn) s.d B+(idn) s.d Kurang dari F1+(idn) s.d Kurang dari
F2(idn) F3(idn)
BBB-(idn) BB-(idn) B-(idn) B-(idn) F1(idn) F3(idn)
- - - - - - - - 21,907,008
- 499,364 - - - - - - 4,687,101
- - - - - - - - -
369
35,668,135
4,954,246
473,988
6,036,467
Net Claims Disclosure based on Portfolio Category and Rating Scale - Consolidated Bank and Subsidiary
Rating Agencies
PT Pemeringkat Efek
idAAA idAA+ s.d idAA- idA+ s.d id A-
Indonesia
11 Other assets
Lembaga Pemeringkat
PT Pemeringkat Efek
idAAA idAA+ s.d idAA- idA+ s.d id A-
Indonesia
11 Other assets
Net Claims
BBB+ s.d BBB- BB+ s.d BB- B+ s.d B- Kurang dari B- A-1 A-2 A-3 Kurang dari A-3
BBB+ s.d BBB- BB+ s.d BB- B+ s.d B- Kurang dari B- F1+ s.d F1 F2 F3 Kurang dari F3
Baa1 s.d Baa3 Ba1 s.d Ba3 B1 s.d B3 Kurang dari B3 P-1 P-2 P-3 Kurang dari P-3 Unrated
BBB+(idn) s.d BB+(idn) s.d B+(idn) s.d Kurang dari F1+(idn) s.d Kurang dari
F2(idn) F3(idn)
BBB-(idn) BB-(idn) B-(idn) B-(idn) F1(idn) F3(idn)
- - - - - - - - 35,960,273
- - - - - - - - -
344
32,158,916
10,733,572
31 December 2019
Net Claims
BBB+ s.d BBB- BB+ s.d BB- B+ s.d B- Kurang dari B- A-1 A-2 A-3 Kurang dari A-3
BBB+ s.d BBB- BB+ s.d BB- B+ s.d B- Kurang dari B- F1+ s.d F1 F2 F3 Kurang dari F3
Baa1 s.d Baa3 Ba1 s.d Ba3 B1 s.d B3 Kurang dari B3 P-1 P-2 P-3 Kurang dari P-3 Unrated
BBB+(idn) s.d BB+(idn) s.d B+(idn) s.d Kurang dari F1+(idn) s.d Kurang dari
F2(idn) F3(idn)
BBB-(idn) BB-(idn) B-(idn) B-(idn) F1(idn) F3(idn)
- - - - - - - - 26,923,690
- 499,364 - - - - - - 4,687,101
- - - - - - - - -
369
35,668,135
13,699,251
497,201
7,103,913
Counterparty credit risk generally emerge in FX swap and repo/reverse repo transactions. Mitigation of
counterparty credit risk is implemented in accordance with SEOJK No.42/SEOJK.03 /2016, with recognizing the
collateral, guarantee, pledge, or credit insurance, and complemented by the Bank’s policies on the management
of counterparty credit risk.
4 Comprehensive
approach for credit
2020 Annual Report PT Bank BTPN Tbk
Total
Table CCR Exposure Based on Portfolio Category and Weighted Risk (CCR3)
Total Net
Portfolio Category 0% 10% 20% 50% 75% 100% 150% Lainnya
receivables
Claims on Multilateral
Development Banks and
International Institute
Claims on Bank
Tagihan kepada
perusahaan sekuritas
Other Assets
Notional value - -
195
Single-name credit default swaps
Credit options
Notional value - -
Fair Value - -
Net Claims based on Risk Weight post Credit Risk Mitigation - Bank Stand Alone
31 December 2020
Capital
No. Porftolio Category Net Claims post Credit Risk Mitigation RWA
Charge
0% 20% 35% 40% 45% 50% 75% 100% 150% Others
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14)
3 Claims on Multilateral - - - - - - - - - - - -
Development Banks and
International Institute
Estate
Total Balance Sheet Exposures 32,026,783 9,022,990 344 - - 56,203,988 1,959,248 63,113,016 3,766,471 - 100,138,871 8,011,110
1 Claims on sovereign - - - - - - - - - - - -
3 Claims on Multilateral - - - - - - - - - - - -
Development Banks and
International Institute
4 Claims on Bank - - - - - - - - - - - -
7 Pensioners/Other institutions’ - - - - - - - - - - - -
employees loans
Total Off-Balance Sheet 19,418 1,285,000 - - - 5,732,341 2,250 5,713,791 298,562 - 9,286,492 742,919
Exposures
1 Claim on Sovereignw - - - - - - - - - - - -
3 Claims on Multilateral - - - - - - - - - - - -
Development Banks and
International Institute
(15) (16) (17) (18) (19) (20) (21) (22) (23) (24) (25) (26)
21,946,714 - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
16,851 - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - -
-
Net Claims based on Risk Weight post Credit Risk Mitigation - Consolidated Bank and Subsidiary
31 December 2020
Capital
No. Porftolio Category Net Claims post Credit Risk Mitigation RWA
Charge
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14)
3 Claims on Multilateral - - - - - - - - - - - -
Development Banks and
International Institute
198
11 Other assets 2,433,196 - - - - - - 4,756,453 41,712 - 4,819,021 385,522
Total Balance Sheet Exposures 38,590,741 11,390,332 344 - - 56,390,433 8,590,513 63,500,217 3,766,471 - 106,062,096 8,484,968
1 Claims on sovereign - - - - - - - - - - - -
3 Claims on Multilateral - - - - - - - - - - - -
Development Banks and
International Institute
4 Claims on Bank - - - - - - - - - - - -
7 Pensioners/Other institutions’ - - - - - - - - - - - -
employees loans
Total Off-Balance Sheet 19,418 1,285,000 - - - 5,732,341 2,250 5,713,791 298,562 - 9,286,492 742,919
Exposures
1 Claims on sovereign - - - - - - - - - - - -
3 Claims on Multilateral - - - - - - - - - - - -
Development Banks and
International Institute
(15) (16) (17) (18) (19) (20) (21) (22) (23) (24) (25) (26)
26,963,396 - - - - - - - - - - -
- - - - - - - - - - - -
- - 368 - - - - - - - 129 10
- - - - - - - - - - - -
199
2,299,062 - - - - - - 4,782,329 22,522 - 4,816,110 385,289
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
16,851 - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
Net Claims and Credit Risk Mitigation Techniques - Bank Stand Alone
31 December 2020
1 Claims on sovereign - - - - -
4 Claims on Bank - - - - -
1 Claims on sovereign - - - - -
(14)=(9)-
(8)=(3)-(4)+(5)+(6)+(7) (9) (10) (11) (12) (13)
(10)+(11)+(12)+(13)
- - - - - - -
- - - - - - -
- - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
2,250 - - - - - -
- - - - - - -
- 16,851 - - - - 16,851
- - - - - - -
- - - - - - -
- - - - - - -
Net Claims and Credit Risk Mitigation Techniques - Consolidated Bank and Subsidiary
31 December 2020
1 Claims on sovereign - - - - -
4 Claims on Bank - - - - -
1 Claims on sovereign - - - - -
(14)=(9)-
(8)=(3)-(4)+(5)+(6)+(7) (9) (10) (11) (12) (13)
(10)+(11)+(12)+(13)
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
2,250 - - - - - -
- - - - - - -
- 16,851 - - - - 16,851
- - - - - - -
- - - - - - -
- - - - - - -
Disclosure of Credit Risk Calculation of Risk Weighted Assets using Standardized Approach- Bank Stand Alone
Securitisation Exposures
(in million Rupiah)
31 December 2020 31 December 2019
No Transaction Type Capital Capital
RWA RWA
Deduction Factor Deduction Factor
1 RWA on Securitization Exposure calculated by External Rating Base Approach - -
(ERBA) Method
2 RWA on Securitization Exposure calculated by Standardized Approach (SA) - -
Method Requirements
3 Securitization Exposure which is a Core Capital Reduction Factor - -
Total - - - -
Derivatives Exposures
(in million Rupiah)
31 December 2020 31 December 2019
No Category
Net Claims RWA Net Claims RWA
1 Claims on sovereign - 16,851 -
a. Claims on Indonesian sovereign - - 16,851 -
b. Claims on Other sovereign - - - -
2 Claims on Public Sector Entity - - - -
3 Claims on Multilateral Development Banks and International - - - -
Institute
4 Claims on Bank 645,341 235,467 856,943 271,437
a. Short Term 23,688 4,738 37,295 13,081
b. Long Term 621,653 230,729 819,647 258,355
5 Claims on Micro, Small and Retail Portfolio - - - -
6 Claims on Corporate 1,975,245 1,938,783 1,680,022 1,680,022
7 Weighted exposure of Credit Valuation Adjustment (CVA risk 902,512 767,332
weighted assets)
Total 2,620,586 3,076,762 2,553,816 2,718,791
Risk Management
Disclosure of Credit Risk of Risk Weighted Assets Calculation using Standardized Approach - Consolidated Bank
and Subsidiary
3 Claims on Multilateral - - - - - -
Development Banks and
International Institute
4 Claims on Bank 3,392,196 1,212,300 1,212,300 2,259,393 650,311 650,311
a. Short Term 2,028,333 522,415 522,415 1,665,419 369,629 369,629
b. Long Term 1,363,863 689,886 689,886 593,974 280,682 280,682
5 Secured by Residential Property 344 120 120 368 129 129
6 Secured by Commercial Real - - - - - -
Estate
7 Pensioners/Other institutions' 32,158,917 16,079,459 16,079,459 35,668,136 17,834,068 17,834,068
employees loans
8 Claims on Micro, Small and Retail 10,731,321 8,048,491 6,871,046 13,699,251 10,274,438 10,256,227
Portfolio
9 Claims on Corporate 79,374,413 72,247,738 67,394,051 83,882,207 78,009,180 73,738,212
10 Past due claims 377,177 564,594 564,453 497,201 734,197 733,916
a. Credit with Residential House - - - - - -
Collateral
b. Other than Credit with 377,177 564,594 564,453 497,201 734,197 733,916
Residential House Collateral
11 Other Assets 7,231,360 4,819,020 7,103,913 4,816,110
a. Cash, gold, and 2,433,196 - 2,299,062 -
commemorative coin
a. Investment (other than the capital 22,522 - 33,783 22,522 - 33,783
reduction factor)
1) Temporary capital - - -
investment in the -
framework of credit
restructuring
2) Participation in financial 22,522 33,783 22,522 33,783
companies not listed on the
exchange
3) Participation in financial - - -
companies listed on the -
exchange
c. Fixed assets and net inventory 2,357,987 2,357,987 1,893,746 1,893,746
d. Foreclosed Collateral (AYDA) 19,190 28,785 -
-
e. Inter Office Assets - - - -
f. Others 2,398,465 2,398,465 2,888,583 2,888,581
Total 182,229,051 107,274,347 106,062,096 180,128,841 112,658,823 112,990,358
Off Balance Sheet Exposures, except securitization exposure
(in million Rupiah)
Exposures That Caused Credit Risk due to Failure of The Opposing Party 207
(in million Rupiah)
Securitisation Exposures
(in million Rupiah)
Derivative Exposures
(in million Rupiah)
The table below shows the Market Risk Disclosure using Standardized Method.
a. Specific Risk - - - - - - - -
b. General Risk 31,159 389,489 31,159 389,489 61,250 765,623 61,250 765,623
2 Foreign Exchange 8,960 111,994 8,960 111,994 2,936 36,702 2,936 36,702
Risk
3 Equity Risk - - - -
4 Comodity Risk - - - -
5 Option Risk - - - - - - - -
Total 40,119 501,483 40,119 501,483 64,186 802,326 64,186 802,326
210 Market risk management is carried out by reporting results of the daily monitoring and measurement of the market
risk limit set by ALCO. The Bank also routinely performs projection simulation of net interest income and earning
at risk in the ALCO and Risk Management Committee meetings.
2020 Annual Report PT Bank BTPN Tbk
Every year, or in the case a new feature or product emerge, the Bank validates the existing system measurement.
The current information system can facilitate revaluation process (mark to market), provide up-to-date information
on the Bank’s market risk exposure, and monitor the Bank’s market risk factor movement.
EVE NII
Dec 2020 Dec 2019 Dec 2020 Dec 2019
Tier 1 Capital (for ∆ EVE) or Projected Income (for ∆ NII) 25,482,799,26 24,077,577,85 4,757,533,05 5,251,085,89
Maximum amount divided by Tier 1 capital (for ∆ EVE) or 7.59% 9.18% 4.67% 6.27%
Projected Income
(for ∆ NII)
Risk Management
structure and the maturity profile. strategy in line with business growth, transaction
complexity, as well as economic and market
conditions.
To effectively implement policies and procedures Identification is also performed each time potential
and set limits on liquidity risk, the Bank established risk increase arises, including interest rate risk,
clear division of duties, responsibilities, and well- credit risk, operational risk, legal risk, and risks due
defined authority among the units responsible for to new regulations of Bank Indonesia.
liquidity risk management, which are work units
with activities that are exposed to liquidity risk. The The Bank measures and monitors indicators of
Risk Management Directorate provides independent liquidity risk to identify potential liquidity issues
and objective input and analysis for liquidity risk through the Early Warning Indicators (EWI) that
identification, measurement, monitoring, and monitor the roll-over rate, replacement rate of
management processes. outgoing funds, interest rate applied to customers,
interest rate payable to customers and the money
The policies and procedures currently applicable market, and secondary reserve ratio. The Bank also
also regulate liquidity risk management in time of structurally measures liquidity risk, using such ratio
crisis by activating the contingency funding plan as the loan to deposit ratio (LDR), Macro-prudential
(CFP) and its implementation until the conditions Intermediation Ratio (RIM), as well as calculating
return to business as usual (BAU). outgoing funds and conducting stress testing.
3. Adequacy of Processes ini Risk Identification, Internal policies stipulate that the Bank shall always
Measurement, Monitoring, and Control, and Risk comply with such prevailing laws or regulations as
Management Information System the Statutory Reserve and the Liquidity Coverage
Liquidity risk identification is performed on all Ratio (LCR). The Bank has also implemented the
sources, including new banking products and Net Stable Funding Ratio (NSFR) since the year
213
activities, as well as significant growth in certain 2018.
funding sources and proceeds, be it in the form of
CASH OUTFLOW
3 Retail deposits and deposits from Micro and Small 24,183,313 1,524,049 19,856,836 1,406,249
Business customers, consist of:
a. Operational deposit - - - -
214 b. Non operational deposit and/or Other Non 45,965,974 22,777,278 49,027,285 23,489,311
Operational liabilities
5 Secured funding - -
6 Other cash outflow (additional requirement), consist 117,122,610 3,260,869 104,511,556 3,878,358
of:
f. cash outflow from other funding related 102,285,304 374,075 92,562,427 522,748
contigencies liabilities
CASH INFLOW
8 Secured lending - - - -
Information:
¹ Adjusted value is calculated after haircut, run-off rate, inflow rate, and HQLA components maximum limit, for example, the maximum limit of HQLA is Level 2B and
HQLA is Level 2, and the determined maximum limit of cash inflow that can be calculated in LCR.
CONSOLIDATED
59 days 64 days
33,572,778 27,494,459
- - - -
- - 8,811 8,811
- - - -
- - - -
- - - -
29,891,632 31,126,223
- - - -
33,572,778 27,494,459
11,917,912 11,998,919
281.70% 229.14%
Risk Management
The Bank’s entire HQLA is HQLA level 1, consisting of cash and cash equivalent, placement in Bank Indonesia and securities issued by the
Government of the Republic of Indonesia or Bank Indonesia. While cash outflow projection is mainly from corporate customers, followed by
individual customers as well as micro and small scale enterprises.
The Bank continuously maintain the LCR ratio above the applicable provisions to maintain liquidity resilience.
Consolidated Analysis
Bank BTPN’s Liquidity Coverage Ratio (LCR) in consolidation with subsidiaries in Quarter IV of 2020 increased by 52.55%, at 281.70%. This
increase was also due to the increase in high quality liquid assets (HQLA) and the decline in net cash outflow).
Both the Bank and the subsidiaries fulfill the LCR provision to ensure liquidity resilience.
4 Retail deposits and deposits from micro 10,729,631 22,317,371 563,903 23,972 31,433,407
and small business customers:
8 Operational deposits - - - - -
Position of Report
(December 2020)
No ASF Component Carrying Value By Residual Maturity
No Specified ≥ 6 Months - < Weighted
< 6 Months ≥ 1 year
Maturity¹ 1 year Value
31 All other assets not included in the above 4,484,081 4,385,199 179,165 5,867,526 10,567,680
categories
The Asset Stable Funding (ASF) value during the month of December was IDR 109.18 trillion, while the Required Stable Funding (RSF)
value during the month of December was Rp98.47 trillion. The increase in NSFR if compared to the previous period was mainly due to the
decrease in the value of the Required Stable Funding (RSF) which was higher than the decrease in the value of the Available Stable Funding
(ASF).
Bank BTPN continuously monitors and maintains the position of complying to NSFR related provisions and in its funding strategy has
considered the portfolio in terms of funding sources as well as the tenor based on its impact on NSFR.
Risk Management
4 Retail deposits and deposits from micro 12,726,824 25,219,001 576,418 23,992 36,042,445
and small business customers:
8 Operational deposits - - - - -
Position of Report
(December 2020)
No ASF Component Carrying Value By Residual Maturity
No Specified ≥ 6 Months - < Weighted
< 6 Months ≥ 1 year
Maturity¹ 1 year Value
31 All other assets not included in the above 4,484,081 4,385,199 179,165 6,376,548 11,076,702
categories
The Asset Stable Funding (ASF) value during the month of December was IDR 121.01 trillion, while the Required Stable Funding (RSF)
value during the month of December was Rp104.91 trillion. The increase in NSFR compared to the previous period was mainly due to the
decrease in the value of Required Stable Funding (RSF) which was higher than the decrease in the value of Available Stable Funding (ASF).
Bank BTPN continuously monitors and maintains the position of complying to NSFR related provisions and in its funding strategy has
considered the portfolio in terms of funding sources as well as the tenor based on its impact on NSFR.
The management of liquidity risk is carried out by For every certain exceeding or risk event, the
reporting the results of monitoring on the Early Risk Management Unit communicates with and
Warning Indicators (EWI) and Liquidity Risk Limit requests or a follow-up from the relevant business
on a daily basis. The Bank also periodically reports units, including by forwarding the issue to higher
the conditions and developments of liquidity key management level.
risk indicators at the ALCO and Risk Management
Committee meetings. The information system currently in use can present
information on liquidity condition on a daily basis
The Risk Management Directorate, through for the purpose of liquidity risk measurement,
the Market & Liquidity Risk Management Unit, monitoring and control.
monitors liquidity risk indicators, funding sources
and proceeds, and liquidity positions which 4. Internal Control System of Liquidity Risk
cover interest rate setting strategies, changes in Monitoring of liquidity risk is conducted by ALCO
customers’ behavior, including changes in funding and the Risk Management Committee. Liquidity
source structure and volatility. risk management is also carried out by preparing
contingency funding plan to anticipate unfavorable
liquidity situations occuring. The internal control
system has been effective in supporting the
Risk Management
implementation of liquidity risk management. The Internal Audit has performed routine audits on the adequacy of
policies, procedures, limits, and applied tolerance and compliance of every related party in accordance with the
Bank’s set audit plan.
220
In the third line of defense, Internal Audit is Bank also has adequate policies related to
independently responsible for ensuring that the investigation and reporting process of fraud
residual risks are still within the limits that can be incidents. For every proven fraud case, the
tolerated by the Bank. process of passing a sanction is decided by the
Fraud Committee involving the relevant work units,
Alignment process between the parties responsible related Business Risk/ICR Functions, Human
for the Bank’s internal control practices is carried Capital unit and the Anti-Fraud Management (AFM).
out on a sustainable basis through a standardize Implementation of the Fraud Committee’s decision
ICR Maturity Self-Assessment and forums which is regularly monitored and evaluated to determine
organized by ORM unit to facilitate ICR function. future improvements.
Risk Management
Quantitative Operational Risk Disclosure - Consolidated Bank and Subsidiary
(in million Rupiah)
222
Legal risk is risk resulting from legal claim and/or The Legal & Litigation Division has the policies,
weakness in judicial aspect and aims to ensure that procedures and limitation of authority over its work
legal risk management process can minimize potential function. There is Legal Risk Review on transactions
negative impact from such weakness in judicial that are material in nature conducted by the Legal &
aspect, in the absence and/or changes in the laws and Litigation Division, so that potential legal risk may be
regulations as well as the litigation process. anticipated and mitigated from the beginning of the
transaction, for example, the requirement of using
1. Legal Risk Management Framework standard draft agreement.
The Compliance & Legal Director is an independent
director, who is not supervising over the business 3. Adequacy of Processes in Risk Identification,
and operation units, nor such other units as the Measurement, Monitoring, and Control, and Risk
treasury, finance, internal audit. For that reason, the Management Information Systems
Legal and Litigation Division independently provides The Board of Directors and the Board of
legal opinion by putting attention on prevailing Commissioners unceasingly supervise all of the
laws and regulations in Indonesia without being Bank’s matters/cases, through such mechanisms as
influenced by other work units. follows:
• Legal Weekly Report to the Compliance & Legal
The Legal and Litigation Division also provides Director
legal services, in writing or verbal in the form of • Legal Monthly Report to the General Council,
legal opinion, legal document examination, drafting Compliance & Legal Director and the Board of
of legal document, legal information research, Commissioners
legal accompaniment. In addition, provide legal • Legal Quarterly Report to the Board of
assistance on litigation and/or legal dispute Commissioners
handling with Alternative Dispute Resolution (ADR) • Ad Hoc Report to the Board of Commissioners
mechanism. (if any).
General Counsel
Legal Function in
Litigation Head Legal Head Transaction Legal
Business Banking
4. Internal Control System for Strategic Risk assessment on the implementation of the Bank’s
The Bank has an internal control system for strategic Compliance Function at least 2 (two) times in a year
risk management by periodically monitoring the (semester).
Bank’s performance, both in terms of quantitative as
well as qualitative. The Bank continuously assures the implementation
of Compliance Function and governance in
G. Compliance Risk subsidiary, BTPN Syariah, is adequately executed in
Compliance risk is a risk that is caused by the Bank’s in line with OJK regulations related to the Application
carrying out its business activities do not comply and/ of the Integrated Governance for Financial
or do not implement the prevailing laws and regulations Conglomerates.
The Board of Directors continues to supervise the 3. Adequacy of Processes in Risk Identification,
2020 Annual Report PT Bank BTPN Tbk
implementation of the Compliance Function, which Measurement, Monitoring, and Control, and Risk
among others are conducted through the following Management Information Systems
mechanisms: Compliance Risk Management is sustainably
• Report (monthly) to the Compliance & Legal implemented through the processes of risk
Director on the implementation of duties and identification, measurement, monitoring and control
responsibilities of the Compliance Unit to ensure the Bank’s compliance to prevailing laws
• Report (quarterly) to the President Director and regulations as follows:
and the Board of Commissioners on the • Compliance Risk identification process, among
implementation of duties and responsibilities of others is carried out through assessment
the Compliance & Legal Director on the policies, procedures as well as new
• Report (periodically) on results of monitoring of products/activities and their development as
compliance risk to the Board of Directors (BoD) well as corporate actions to be taken, including
at the BoD meeting forum and to the BoC at the transactions that must be approved by the
BoD and BoC meeting forum, as well as at the Credit Committee.
Audit Committee meeting. • Compliance Risk Measurement process is
carried out through the self-assessment on
In addition, the Board of Directors has approved Compliance Risk as part of the Bank’s risk
the Compliance Policies and Procedures as base profile that periodically performed
infrastructure in the implementation of Compliance
Function which will be used as guidelines for the As a subsidiary of the SMBC Group, compliance
Bank’s Compliance Function. risk measurement process is carried out through
the implementation of a Compliance Risk
In fulfillment to OJK Regulation No. 46/ Assessment (CRA) and Compliance Self Review
POJK.03/2017 on the Implementation of (CSR) based on the provisions of SMBC as the
Compliance Function of Commercial Banks, majority shareholder as well as the Controlling
the Board of Commissioners has conducted Shareholder of the Bank as well as other relevant
laws and regulations.
• Process of Monitoring Compliance Risk is 5. Disclosure of risk exposure and implementation of
done through reviewing the suitability Bank risk management in the year 2020:
policy with applicable regulations, fulfillment Assessment on compliance to regulations
of Prudential Parameters, submission of During the year 2020, the Bank maintained
regulatory reporting to OJK/BI and other relevant compliance fulfillment to OJK, BI and other
authorities, follow up OJK/BI Findings prevailing regulations, among others with achieving
• The process of Compliance Risk Control is the following:
carried out through, among others, periodic • The Bank’s Soundess Rating based on Risk
review of Compliance Policy and Procedure, Based Bank Rating/RBBR for the position of
follow up on external/internal audit results. December 2020 was ranked 2 (Healthy).
• Implementation of the Bank’s compliance • Fulfillment of Regulatory Parameter includes the
function is periodically and sustainably reported following:
to the Compliance & Legal Director and the - Minimum Capital Adequacy Ratio (CAR),
President Director with a copy to the Board of including Leverage Ratio above prevailing
Commissioners as well as to the Meeting forum stipulation.
of the Bank’s BoD, BoD and BoC meeting forum - No violation or exceeding Legal Lending
as well as at the Audit Committee meeting. Limit (LLL)
- Net NPL below 1%
- Statutory Reserve (GWM) in both Rupiah
4. Internal Control System for Compliance Risk and Foreign Currency at above prevailing
The Bank has an adequate internal control system to stipulation.
ensure compliance with OJK and BI as well as other - Fulfillment of Net Foreign Exchange Position 225
regulations. Report on compliance implementation (PDN) is in line with prevailing provision.
is periodically submitted to the Board of Directors - Fulfillment of Net Stable Funding Ratio and
Compliance Head
Human Resources
Number of HR Training
Hours In the 2020 financial year, BTPN
has implemented training and
240,305 competency development
for employees. This activity
is carried out periodically
every year, so that the human
resources who are the
supporting or important organs
230 in achieving the Bank’s goals
are able to provide maximum
2020 Annual Report PT Bank BTPN Tbk
S
everal primary initiatives have been COVID-19 pandemic all programs activities are
implemented by Human Capital function in carried-out virtually and online inline with the
year 2020 as follows: digitalization plan of Human Capital function.
1. Continuous effort on stabilizing organization and c. The optimization of organization function
optimization the organization functions post-merger becomes one of the efforts to support the
a. Human capital function in collaboration with fluency of integration process post-merger.
other related functions ensure that cultural Initiatives that focus on excellence process,
integration program is well in placed through the automation process and digitalization that
implementation of work procedure assessment impacted towards the merger of several
in Human Capital function and following the functions have been in-placed.
stipulated rules d. In line with digitalization initiatives and in
b. The execution of cultural integration and response towards COVID-19 Pandemic, the
leadership programs in all areas of the Bank has changed some of the talent programs
organization through vision mission and and training program from conventional to
values program being well communicated to digital, virtually at large.
all staff through several management visits to
branches, formation of change agents and the
implementation of programs that will elevate
231
232
2020 Annual Report PT Bank BTPN Tbk
COMPETENCY DEVELOPMENT
In the year 2020, BTPN has actualized training and competency
development programs for employees. Such activities are held periodically
each year, consequently human resource becomes an important support
or organ of the Bank in achieving its goals and is capable of maximally
contribute to the Company.
Information Technology
and Operations
B
ank BTPN realizes that information 3. Expanding the use of the Bank’s API and Micro-
technology (IT) currently plays a very services, including developing the capability to
important role in support of the Bank’s manage and control the construction and use of API
operational activities and business growth. in order to collaborate with various partners.
For this reason, the Bank’s primary product of digital 4. Develop the digital servicing hub that produces
banking continues to be developed. all information related to customers’ profiles,
transaction history, and interaction history of each
In the year 2020, BTPN’s IT Directorate focused on relation between customers and the bank accessible
the new IT Strategic Planning (ITSP) set for the years bank-wide and in real-time allowing the integrated
2020-2022. This was a response to the Bank’s business servicing strategy (CRM, marketing and sales)
merger. Details of activities during the fiscal year between business lines. The Bank is currently in the
include the following: phase of selecting the solution.
1. The Bank’s core consolidated application which 5. Continue the improvement of data management
covers the core banking system, support application and data management capabilities on existing data
to the corporate banking function and other non- lake as well as the data warehouse infrastructure to
core banking applications in the effort to simplify the ensure the quality and data consistency in providing
application architecture of post-merger. on-time and accurate information.
2. Empowerment of the digital platform on the various
products and channels in the framework of creating
a uniform digital platform architecture that maintains
dependable services providing consistent and
impeccable customers’ experience.
235
Vision
To be the best innovative
solutions provider,
Mission
To make life easier for all
delivering distinct stakeholders through the creation of
experience. valuable services.
IT MANAGEMENT ORGANIZATION
The execution of information technology activities within the Bank’s environment is managed by the Information
Technology Directorate that reports directly to the President Director. Below is the organization structure effective up
to the year 2020.
236
PRESIDENT DIRECTOR
2020 Annual Report PT Bank BTPN Tbk
Executive
Secretary to Head IT Strategy & IT Business IT Digital Service IT Transaction IT Data IT Special Project
of Information Planing Head Enablement Head Enablement Head Management Head Management Head (2x)
Technology
HUMAN RESOURCES (HR) To manage this, the IT and the Human Capital
Becoming the first bank with digital capabilities and Directorates jointly conduct the CHIP (Creative
providing digital banking solutions, Bank BTPN must Hacknology Intensive Program) so that IT talents can
prepare its human resource of quality. Nevertheless, in sustainably enhanced. Included in the program, is the
this respect, one of the challenges faced is the number development of digital talents for other areas so that
of human resource in the IT department within the transformation may be carried out continuously. For
Bank’s environment are becoming the professionals example, on such areas as DevOps, Data Engineer,
more and more sought-after by the financial and Agile Leadership, and others.
information technology industries.
Until the end of year 2020, the number of employees in the Information Technology Directorate totaled 426 personnel
within 6 (six) organization:
IT Digital Service Enablement IT solutions that may be shared bank-wide and focused on providing digital 202
assets (APIs/Microservices)
IT Strategy & Planning IT strategy and planning, governance, risks, vendor management and IT budget 39
management
IT Special Project Implementation of the bank’s initiative top priorities, including the Core Banking 3
Consolidation, AML/KYC and Digital SME.
To support the performance of the Bank’s Information INFORMATION TECHNOLOGY
Technology human resources, the IT Directorate also GOVERNANCE
conduct competency development. In the year 2020, Implementation of information technology (IT)
the policy in this area is to optimize the use of UDEMY, governance in BTPN must be in line with the Bank’s
Coursera and other online e-learning media. and the parent company’s (SMBC Group) plans. Surely
also by taking into account the compliance to prevailing
Several sharing and internal learning programs regulations of the regulator of both the financial sector
actualized during the 2020 fiscal year. as well as the government.
Performance is measured by evaluating the performance of each IT services as explained in the following table.
1 Business Enablement Measurement of IT performance in providing IT services, both through agile and waterfall.
Elements to measure at this time are cost, quality, time to deliver, and feedback from
stakeholders.
2 Branch End User Experience Measurement of IT services in providing guarantee of data network services availability at
branches (universal/non-universal), ATM as well as payment point.
4 Customer Experience Measurement of IT services from the customers’ perspective. On this category, IT measures
if BTPN’s banking services may be accessed by customers and how long the processes
take. By periodically measuring such services, in every 15 minutes for example, the Bank
determine customers’ satisfaction index on IT services, especially services directly used by
customers (Digital Banking, Internet Banking, USSD Banking).
ROADMAP
BTPN has completed its 2017-2019 IT Strategic Plan (ITSP) project. Actualized ITSP phase has provided a strong
foundation for the next phase and therefore pose continuity in its strategic plans. The next phase is the Bank’s new
ITSP effective for the period of 2020-2022.
Business Support Review
2020 ACHIEVEMENTS new work unit are hoped to continuously improve good
BTPN continues to develop its up-to-date information governance in the Bank’s surroundings and ensure that
technology system in line with the Bank’s business. IT implementation complies with regulations post-
Such development is aimed at providing easy access, merger.
transaction security, back-office services assistance
and operational cost efficiency that support the Bank’s In addition, the IT Directorate also actualized some 240
business. projects of which 119 projects are completed and the
other 121 are still in process.
Post-merger, the IT Directorate conducted several
crucial steps related to information. From consolidating The IT Directorate implements work standards which
the system to improving the IT governance so that have actually started since the year 2017. The theme of
they are in line with SMBC regulations as the parent these standards is referred to as “New Way of Working”.
company and the Global Systemic Bank. In the year 2020, the standards continue to be improved
in their maturity and adoption.
As actualized, the IT Directorate in its initial stage
has formed the Audit Task Force and strengthen the Few of the points explained in the table below are part
IT Governance work unit. This work unit is focused of the abovementioned “New Way of Working:
on ensuring and reporting directly to the Head of IT.
Recommendations of the Audit Task Force and the
238
2 DevOps Automation process for testing and deployment so that the process remains consistent.
3 Adopsi native clould architecture Implementation of Microservices and Containerization (Platform as a Service), so that
application may be easily scaled-up and handled for maintenance.
4 Peningkatan Engineering Practices Learning facilities and standard practices so that IT products are of quality, continuous and
managed well for maintenance.
For work units related to infrastructure, aside from adopting the “New Way of Working”, they also adjusted to carry
the theme of “excel@ITTM (Innovate, Team Up, Take It On and Make It Happen)” as well as implement several new
work methods. Explanation on this is elaborated in the table below:
2 Application & Dashboard Monitoring Monitoring not only on application and server, but also on the customers’ perspective
(customer journey monitoring).
4 Kanban Provide transparency of activities or tasks so that IT team has the same visibility as well as
optimum space for collaboration.
1 Funding Level Several initiatives which are unplanned or are set for improvement will be selective if to be continued
for implementation.
2 Decision over priorities IT Directorate will discuss priorities together with stakeholders.
3 Capacity The Bank has determined the maximum capacity of personal IT, so that utilization of talents is optimal
and is capable of achieving the completion target as planned.
239
4 Lack Depth in Technical IT Directorate will form a special unit which focuses on R&D and also training (internal) in order to
improve in mastering the technology and implementation can be expanded so that optimum benefits
are achieved.
6 COVID-19 Develop consistent communication in various forms, such as the IT Townhall, 1 on 1 Meeting, Coffee
Corner with CIO or Leadership, and other sharing mechanisms and forums.
7 Raising cost External factor can influence IT plans, such as the increase in exchange rates and in maintenance
costs as well as the new license model from the principle product. This may be anticipated by setting
aside reserves and also by negotiating and applying the tender system as well as IT devices.
7 Cybersecurity Implement advanced capabilities from the cybersecurity (Next General Security Operation Center)
and also continue with the existing cybersecurity program, especially in increasing awareness of all
stakeholders, including customers.
8 Talent Competition The scarcity of digital talents must be anticipated in the long run for the CHIP program and formalized
in the IT Academy work unit.
While for strategic plans, details are noted in the 2021 In addition, the initiative to be implemented is to
RPTI (IT Development Plan. On this matter, there are 73 continue the development of digital innovation and
initiatives hoped to be implemented to support the Bank talents to support strategic business plans. At the
with an allocated budget of Rp300 billion. same time, the Bank will optimize device operational
management at the end user.
Aside from continuing the strategic plan of 2020 and
support the strategic business initiative related to The reference standards used as the basis of IT
technology implementation for the year 2021, the IT management is the ITSP 2020-2022. Nevertheless,
Directorate will also improve the security system and the actualization must remain to take into account
process concerning the development of application the prevailing economic conditions, especially which
and infrastructure. Furthermore, to continue to improve currently relate to the COVID-19 pandemic.
data management and data governance capabilities,
especially in monitoring service operations and data
standardization.
Business Support Review
Operations
The Operations Directorate of PT Bank BTPN Tbk Another significant move is the continuation of the
(“BTPN”, “Bank”) retains the policy and vision as a robotic application for the accelerated Purna Bakti loan
competent partner to support the performance and processing. The Operations Directorate also performed
acceleration of the Bank’s business development the system parameter maintenance for changing the
through the excellent operational services. In principle, limit, user alternate, and enabling user ID.
The Operations Directorate aims to support the Bank’s
business achievement. INITIATIVES AND STRATEGIES IN 2020
Throughout the year 2020, the main focus of the
In the context of supporting performance development, Operations Directorate continues to enhance the quality
The Operations Directorate has implemented the 3 of the Bank’s operations and services with special focus
(three)-pillar strategy to improve operational quality, on branchless services. Related to this focus, a number
details are as follows: of initiatives and strategies implemented include the
1. In line with BTPNs strategy to continuously following:
transform by taking advantage of technological 1. Develop branchless services by leveraging on and
advances, the Operations Directorate has expanded taking benefit of technology advancement
branchless services through the opening of the new 2. Optimizing customer service point
Contact Center in Semarang. The Contact Center 3. Process efficiency and improvement of internal
240 operates daily for 24 hours in 1 (one) full week in 1 control including optimizing resources
(one) year by providing main services for non-voice
Digital Jenius, such as live chat, email and twitter. ACHIEVEMENTS IN 2020
2020 Annual Report PT Bank BTPN Tbk
2. Consistently optimizing the branch service point by The COVID-19 pandemic contributes to generate bigger
leveraging other service point. With the increasing challenges on operational performance challenges
optimization of the branch service point, BTPN is on operational performance, especially in relation
expected to provide more optimized services to to the large-scale social restriction policy (PSBB).
customers through alternative service points (such Nevertheless, the operational work environment in
as the ATM, Post Office and others) as well as in BTPN continued to run satisfactorily.
benefiting the resources.
3. Continuously enhance process efficiency and This achievement was especially a result from the
improve internal control by carrying out several implementation of the comprehensive and integrated
initiatives including the following: Business Continuity Management. The Operations
a. Develop in stages the back-end system that is Directorate managed to maintain the continuity of good
integrated with satellite applications. services and performance despite of closure of some
b. Develop in stages the Collateral Management working floors and branches that have to be carried out
System which is a consolidation of 5 (five) repeatedly in order to prevent the spread of COVID-19
applications on the administration of collateral virus.
documents. Currently this is done through the
migration of collateral data from 4 (four) applications The Operations Directorate is also directly involved
on the administration of collateral documents. in the task force formed to manage the COVID-19
c. Develop in stages the Bankwide Reconciliation pandemic in BTPN. Furthermore, the Operations
System in order to strengthen the internal control Directorate was also taking an active role in handling
process. The first module that has been launched and taking anticipative measures for customers,
was the reconciliation process for ATM Bersama, employees and the society.
Prima and NPG.
In the year 2020, BTPN’s Contact Center services 2021 STRATEGIC PLAN
received the acknowledgement as one of the best For the year 2021, The Operations Directorate has
contact centers in Indonesia in the “2020 Indonesia’s prepared its strategic plan, namely to implement the
Best Contact Center” competition. Participants in the 5 (five)-pillar strategy to be carried out within the next
event included big banks and companies from non- 3 (three) years (2021-2023). The objective of the pillar
financial industries, including government institutions. strategy is to enhance quality to build an efficient
Operations focusing on services and compliance
The year 2020 was the first time for BTPN to participate. through the followings:
Awards received for corporate category are as follows: 1. Enhance branchless services by leveraging on and
1. Winner of Platinum prize in category “The Best taking benefit of technology advancement
Contact Center”. 2. In line with the Bank’s strategy, BTPN will continue
2. Winner of Gold prize in category “The Best Contact to optimize customer service point which includes
Center of Employee Engagement”. expansion of corporate services through the
opening of new branches as well as leveraging on
In addition, BTPN also received several awards for existing service points.
category of individual Contact Center employee, as 3. Enhance infrastructure to facilitate flexible operating
follows: model by establishing digital workspace that
1. Winner of Platinum award for category “The Best supports remote working and flexi office initiatives 241
Supervisor” for employees as well as contact center services
2. Winner of Platinum award for category “The Best 4. Fulfillment of the Aceh Qanun regulation by
PT Bank BTPN Tbk (“BTPN” or the “Bank”) will always improve the implementation of Good Corporate Governance
(“GCG”) in accordance with GCG principles.
The implementation of GCG principles is a continuing effort of the Bank since the Bank believes that the
implementation of GCG principles has essential means in supporting the sustainable growth and stability of
performance.
Given the importance of implementing the GCG principles, the Bank continuously ensure that GCG principles are
applied in every aspect of the business throughout the Bank’s organization structure. In line with the prevailing
regulations and provisions, the implementation is carried out from the levels of the Board of Commissioners and the
Board of Directors down to the lowest level of the organization as well as in relations to the stakeholders.
to the stakeholders. The Bank must take the initiative discloses transparent information on regular basis and
to reveal not only the matters required by laws and on certain matters to regulator.
regulations, but also the matters that are important for
decision-making by shareholders, creditors and other
stakeholders.
Accountability The Bank must be able to account for its performance The Bank set forth details of tasks and responsibilities
in a transparent and reasonable manner. Therefore, of each company organ and all employees clearly and
the Bank must be managed in an appropriate in line with the corporate vision, mission, values and
and measurable manner in accordance with the strategy.
Bank’s interest with consistent consideration of the
Shareholders and other stakeholders’ interests.
Accountability shall be a prerequisite required to
achieve sustainable performance.
Responsibility The Bank must comply with the laws and regulations All of the Bank’s organs strictly embrace the principle
as well as implement its responsibilities to the with carefulness and ensure that prevailing regulations,
community and the environment so as to maintain the company’s articles of association and by-laws are
long-term business continuity and be recognized as a complied.
good citizen.
Independency The Bank must be managed independently so as to All organs of the Bank avoid the domination of any
prevent domination of one organ over another and party, not effected by any particular interest, free from
intervention by other parties. conflict of interest and from any influence or pressure,
so that decision-making may be executed objectively.
Fairness and Equality The Bank must always observe Shareholders and other The Bank provides the opportunity for stakeholders to
stakeholders’ interests based on the fairness principle extend their feedback and convey their opinion for the
interests of the company as well as to open access
for information in accordance with the principle of
transparency within the scope of each of their position.
LEGAL BASIS OF IMPLEMENTATION • The Bank’s Operational Policy
Dalam menerapkan prinsip-prinsip GCG, Bank Kebijakan Operasional Bank adalah ketentuan The
berpedoman pada peraturan perundang-undangan Bank’s Operational Policy is the provisions that
yang berlaku. antara lain: regulates all activities of the Bank that reflects its
1. Law of the Republic of Indonesia No. 40 of 2007 on risk management strategy including, among others,
Limited Liability Company. which generally explains the Bank’s risk appetite on
2. Law of the Republic of Indonesia No. 10 of 1998 on such activities.
the amendment of Law No. 7 of 1992 on Banking.
3. Financial Services Authority (“POJK”) Regulation No. Guidelines and Code of Conduct of the Committees
55/POJK.03/2016 on the Application of Governance as well as Procedures applicable bank-wide
for Commercial Banks (“POJK 55”) effective since 7 including the Bank’s policy on products and services
December 2016. are also treated as operational policies.
4. POJK No.21/POJK.04/2015 on the Application of
Governance Guidelines for Public Companies. • Standard Operational Procedures
5. POJK No.17/POJK.03/2014 dated 18 November Standard Operational Procedures (SOP) are
2014 on the Application of Integrated Risk guidelines that regulate a process in detail and
Management for Financial Conglomerates. explains the phases of an activity in a structured and
6. POJK No.18/POJK.03/2014 dated 18 November systematic manner which are compulsory, covering:
2014 on the Application of Integrated Governance who, how, where, when was conducted and the
for Financial Conglomerates. control mechanism. Such application must firmly
7. POJK No. 45/POJK.03/2020 on the Financial carry out the four-eyes function, sufficient internal
Conglomerates. control function and which refer to the policy.
245
8. Such other POJKs as those which regulate the Audit
Committee, the Nomination and Remuneration • User Manual/Technical Instruction/
GCG Structure
Until the end of Fiscal Year 2020, the GCG structure in effect at Bank is as follows:
Board of
Board of Commissioners President Director
246 Directors
Risk Management
2020 Annual Report PT Bank BTPN Tbk
Audit Commitee
Committee
Credit Committee
Risk Monitoring Committtee
Integrated Governance
Committee
Information Technology
Steering Committee
Information Governance
Steering Committee
Principle 1 1.1 Public Company has the technical Comply Technical procedures for voting are
Improve the Value of procedures for open and closed voting stipulated in the Bank’s AOA as well as
GMS Implementation which puts forward independency, and guidelines everytime the Bank planned to
the interests of the shareholders have General Meeting of Shareholders.
Both documents are published in the
Bank’s website and in KSEI’s
e-proxy platform
1.2 All members of the Board of Directors Comply The Annual General Meeting of
and the Board of Commissioners of Shareholders held on 23 April 2020
Public Companies are present at the wasattended by all incumbent members of
Annual GMS the Board of Commissioners and the Board
of Directors by physically or virtually.
1.3 Summary of the GMS Resolutions Comply Summary of GMS Resolution is available on
is available on Website of the Public the Bank’s website.
Company for at least 1-year period.
Principle 2 2.1 Public Company has the policy on Comply BTPN has the policies and procedures on
Improve the Quality communication with its shareholders communication with its shareholders or
of Communication of and or investors investors which include:
Public Company 1. Strategy
With its Shareholders or 2. Program
Investors 3. Time to conduct communication
2.2 Public Company discloses its Comply Communication policy with shareholders
communication policy with is disclosed on the Bank’s website. The
shareholders or investors on its policy is stipulated in the Corporate
website Governance Manual.
Good Corporate Governance
Principle 3 3.1 Determining the number of members Comply Determining the number of members of
Strengthen the of the Board of Commissioners with the Board of Commissioners is carried out
Membership and consideration of the condition of the by considering the need and complexity of
Composition Public Company the Bank.
of the Board of
Commissioners
248 4.2 Self-assessment policy to evaluate Comply The self assessment policy is regulated
the performance of the Board of in the Remuneration and Nomination
Commissioners, is disclosed through Committee Charter and disclosed in this
the Annual Report of the Public 2020 Annual Report in section Performance
2020 Annual Report PT Bank BTPN Tbk
4.4 The Board of Commissioners or Comply The succession policy in the process
the Committees carrying out the of nomination of members of the Board
Nomination and Remuneration function of Directors as stipulated under the
formulates the succession policy in the Remuneration and Nomination Committee
nomination process of members of the Charter.
Board of Directors.
Principle 5 5.1 Determining the number of members Comply Determining the number of members of the
Strengthen the of the Board of Directors with Board of Directors is carried out by taking
Membership and consideration of the condition of the into account the needs and complexity of
Composition of the Public Company and the effectiveness the Bank.
Board of Directors of the decision making.
5.2 Determining the composition of Comply The composition of the Board of Directors
members of the Board of Directors is based on knowledge in banking,
takes into account the diversity of expertise, professional experience,
expertise, knowledge, and experience background to support the effectiveness
required. of duties implementation by the Board of
Directors.
5.3 Members of the Board of Directors Comply The Bank’s Director in charge of Finance
supervising the accounting or finance has the competency in the field of
department have the expertise and/or accounting and is disclosed in the 2020
knowledge in the field of accounting Annual Report in Profile section of the
Board of Directors.
Principle 6 6.1 The Board of Directors has the policy Comply BTPN has the self-assessment policy to
Improve the Quality on self assessment to evaluate the evaluate the performance of the Board of
of the Implementation performance of the Board of Directors. Directors, which covers the following:
of Duties and 1. Purpose and objectives of activities
Responsibilities of the and the assesssment
Board of Directors 2. Time of implementation
3. Benchmark or criteria used in
evaluation
6.3 The Board of Directors has the policy Comply Provisions related to the resignation of
related to the resignation of members members of the Board of Directors if
of the Board of Directors if involved in involved in financial crime as regulated in
financial crime. the Manual of the Board of Directors.
Principle 7 7.1 The Public Company has the policy to Comply Provisions on the prevention of insider
Improve the Aspect prevent insider trading. trading are stipulated by the Compliance
of Corporate Policy and Procedures on Price-Sensitive
Governance through Information, and Personal Account
the Participation of Investment and Transactions.
Stakeholders
7.2 The Public Company has the policy on Comply BTPN has the Procedures on Entertainment
anti-corruption and anti-fraud. and Gifts and Procedures on Anti-Fraud.
7.3 The Public Company has the policy Comply The policy covers, among others, of the
on the selection and improvement of following:
capabilities of suppliers and vendors. a. Criteria in selecting vendors;
b. Efforts to improve the qualities of
vendors;
c. Fulfillment of rights related to vendors.
7.4 The Public Company has the policy Comply The policy covers considerations in
fulfilling the rights of the creditors. conducting agreements as well as follow- 249
ups on fulfilling the obligations to creditors.
The Policy is disclosed in the Bank’s
website.
7.6 The Public Company has the policy Comply The policy on long-term incentive for
on providing log-term incentive for the the Board of Directors and Employees
Board of Directors and Employees. is stipulated in the SOP of Management
Employee Stock Option Plan (MESOP).
Principle 8 8.1 The Public Company take advantage Comply media accounts as follows:
Improvement in of expanding the use of information
the Disclosure of technology in addition to the website Facebook : @BankBTPNOfficial
Information as media for information disclosure. https://facebook.com/BankBTPNofficial
Twitter: @sahabatBTPN
https://twitter.com/sahabatbtpn
Instagram: @lifeatbtpn
https://www.instagram.com/lifeatbtpn/
8.2 Annual Report of the Public Company Comply The Bank’s Annual Report disclosed the
discloses the beneficial owner in beneficial owner in the share ownership of
the share ownership of the Public the Public Company of at least 5%. The
Company of at least 5%, in addition to information is disclosed on the Bank’s
disclosing the beneficiaries in the share website.
ownership of the Public Company
through the majority and controlling
shareholders.
Good Corporate Governance
or incur loss to the Bank or reduce the profit of Bank, including which was caused by the current
the Bank. conditions. However, with the Bank’s commitment
• The Compliance culture continues to be echoed, to “Zero Penalties” and the implementation of the
Compliance takes an active approach, so Compliance Culture, Bank’s penalties are expected
fines/penalty start to reduced compared to the to be decrease to zero.
previous year.
• There is a significant improvement in the
performance of the Internal Audit Unit, the
Internal Audit Unit is objective in finding
problems and keep reminding the Bank to follow
up the findings.
Commitment to GCG Implementation
in The Year 2021
For the year 2021, the Bank reaffirms its commitment to 2. The Shareholders have the rights to obtain accurate,
continue to carry out and improve the implementation sufficient and on-time information on the Company
of GCG principles throughout the Bank’s organization. as long as it relates to the GMS agenda and not in
Such commitment is materialized by taking into account conflict with the interests of the Company, so that
the GCG Self assessment and the Bank Conditions as Shareholders may take accurate decisions in the
follows GMS.
1. To review the rights of shareholders. 3. The Shareholders have the rights to obtain net
2. To review equal treatment towards shareholders. profit sharing in the form of dividend and others in
3. The increase of responsibility of Board of accordance with the owned number of shares.
Commissioners and Board of Directors, including
the review towards independency of the company’s The responsibilities of the Shareholders, among others,
structure. are as follows:
4. The increase of the transparency quality and 1. Each Shareholder is submissive and complies to the
disclosure of information to shareholders Bank’s Articles of Association and prevailing laws
5. To manage potential penalty related to reports or and regulations.
corporate actions. 2. The controlling Shareholder is obligated to take into
account the interests of minority Shareholders and
253
other Shareholders in accordance with the prevailing
GENERAL MEETING OF SHAREHOLDERS laws and regulations.
The decision-making mechanism through a transparent voting conducted by means of the Meeting Chairman
requesting the Shareholders and proxies who vote against or abstain on the proposed recommendation shall
individually raise their hand. To facilitate an easier process of counting the votes, Shareholders and proxies who do
not agree or abstain on a proposed recommendation are requested to submit their names and number of shares
extended in the voting card provided by the Securities Administration Bureau.
The officer from the Notary shall collect the filled-out voting cards to be counted. The Notary shall report the result of
the count to the Meeting Chairman.
Starting from the Extrordinary GMS, the Bank implemented E-Proxy whereby eacn shareholders may vote towards
the Bank’s proposed agenda without having to physically attend to the Venue of GMS. The chance to vote is provided
from the date of Invitation to the day when GMS is hold and added to total vote of shareholders who physically attend
the GMS.
254
Submission Date Date of SubmissionDate
Date of Meeting
of the Meeting Recording of the Date of Invitation of Meeting
Announcement Implementation
2020 Annual Report PT Bank BTPN Tbk
9 March 2020 and 23 17 March 2020 31 March 2020 1 April 2020 23 April 2020 24 April 2020 and 26
March 2020 May 2020
Ongki Wanadjati Dana Ninik Herlani Masli Ridhwan Sumitomo Mitsui Banking Corporation, holder
President Director Independent Commissioner of the Company’s 7,532,311,297 shares,
represented by HWMA Law Firm, based on
Power of Attorney dated 3 April 2020.
Dini Herdini PT Bank Central Asia Tbk, holder of the
Compliance Director Company’s 83,052,408 shares, represented by
HWMA Law Firm, based on Power Attorney
dated 17 April 2020.
Hanna Tantani PT Bank Negara Indonesia (Persero) Tbk, holder
Director of the Company’s 12,007,137 shares, represented
by HWMA Law Firm, based on Power of Attorney
dated 7 April 2020.
Kazuhisa Miyagawa Chow Ying Hoong, Public Accounting Office of Siddharta Widjaja &
Deputy President Director Vice President Commissioner Partner.
Yasuhiro Daikoku Irwan Mahjudin Habsjah,
Director Independent Commissioner
Merisa Darwis,
Director
Hiromichi Kubo,
Director
AGENDA RESOLUTION
Agenda 1: 1. Approved the Annual Report of the Board of Directors of the Company
Ratification and Approval of the Financial Statements and for the year 2019;
the Annual Report of fiscal year 2019, including but not 2. Approved the Annual Supervisory Report of the Board of
limited to the following:
a. Ratification of the audited Financial Statements of
Commissioners of the Company for the year 2019;
3. Approved the Ratification of the Company’s Consolidated Financial 255
fiscal year 2019 including the Restatement of the certain Statements for fiscal year 2019, audited by the Public Accounting Office
accounts of the Financial Statements of fiscal year of Siddharta Widjaja & Partner, member of KPMG International, with
AGENDA RESOLUTION
Board of Commissioners:
President Commissioners (Independent) : Vacant
Vice President Commissioners : Chow Ying Hoong
Commissioner : Takeshi Kimoto
Commissioner (Independent) : Ninik Herlani Mashli Ridhwan
Commissioner (Independent) : Irwan Mahjudin Habsjah
Agenda 4: 1. a. Determined the amount of honorarium and allowances for the Board
Determination on the remuneration, allowances, tantiem of Commissioners of the Company for Fiscal Year 2020 as well as
and/or bonus for the members of the Board of Directors the amount of bonus for members of the Board of Commissioners
as well as honorarium, allowances, tantiem and/or bonus for their contributions during the fiscal year which ended on 31
for the members of the Board of Commissioners of the December 2019, to be disbursed in the year 2020, of which the total
Company. amount shall not exceed Rp27,300,000,000,- (twenty seven billion
three hudred million rupiah) gross before Income Tax.
b. Granted authority to the Vice President Commissioner of the
Company to determine the honorarium and allowances for Fiscal
Year 2020 as well as the bonus for Fiscal Year 2019 for each
member of the Company’s Board of Commissioners:
This authority of the Company’s Vice President Commissioners
shall be carried out in representing the authority of the President
Commissioner of the Company which is currently vacant and to
be carried out by taking into account recommendations from the
Committee of Remuneration and Nomination.
2. Granted authority to the Board of Commissioners of the Company to
determine the remuneration and salary as well as other allowances for
each member of the Board of Directors for Fiscal Year 2020 as well as
bonus oro each member of the Board Directors for their contribution
during the fiscal year which ended on 31 December 2019, to be
disbursed in the year 2020.
This authority is carried out by taking into account the recommendations
from the Committee of Remuneration and Nomination.
Voting Result:
Affirmative : 7,628,613,515 shares or 99.99%
Non-Affirmative : 0 shares or 0.00% 257
Abstain : 300 shares or 0.00%
Realization/Follow-Up:
AGENDA RESOLUTION
Agenda 6: Re-confirm the resolution to establish and conduct the ESOP Program 2016,
Re-confirm of the resolution on the implementation of the as accepted in the Extraordinary General Meeting of Shareholders on 24
Company’s Employee Stock Option (ESOP) Program March 2017, the Annual General Meeting of Shareholders of 29 March 2018
and the Annual General Meeting of Shareholders of 15 February 2019.
1. Granted full authority and power to the Board of Commissioners to
conduct and implement all and every step, action or any measure
required by prevailing laws and regulations or the Company’s Articles
of Association, or as the Board of Commissioners deem necessary to
conduct and implement, for and in the effort to execute or actualize the
ESOP Program 2016, among others (but not limited to) on the following:
a. From time to time, add or increase the Company’s issued
capital and paid-up capital with a total addition not exceeding
Rp2,336,114,920,- (two billion three hundred thirty six million one
hundred fourteen thousand nine hundred twenty rupiah), by means
of issuing new shares in the amount of not more than 116,805,746
(one hundred sixteen million eight hundred five thousand seven
hundred forty six) shares, each at a nominal value of Rp20,- (twenty
rupiah), in accordance with the decision undertaken in the 2017
Extraordinary GMS, 2018 Annual GMS and 2019 Annual GMS.
b. Establish, issue and take effect the regulation, provision and
policy in any form regarding the implementation of ESOP Program
2016 (without reducing the applicable regulations of the Stock
Market), determine the participant with the righ to purchase the
Company’s shares in the ESOP Program 2016 and establish the
share price to be purchased by ESOP Program 2016 participants
or the Implementation Price, including (but limited to) establishing
the changes or adjustments on the requirements and provisions of
258 the ESOP Program 2016 in accordance with the regulations and
requirements which may eventually be issued by the authorized
institution in the Capital Market, including the Financial Services
Authority.
2020 Annual Report PT Bank BTPN Tbk
2 October 2020 and 12 October 2020 26 October 2020 27 October 2020 18 November 2020 19 November 2020
27 October 2020 and 8 December
2020
Ongki Wanadjati Dana Ninik Herlani Masli Ridhwan Sumitomo Mitsui Banking Corporation, holder of
President Director Commissioner (Independent) 7,532,311,297 of the Company’s
shares, represented by Tetsushi Tanaka, based on
Power of Attorney dated 29 October 2020.
Dini Herdini PT Bank Central Asia Tbk , holder of 83,052,408
Director of Compliance of the Company’s shares, represented by Soma
Muhammad Nur Huda, based on Power of
Attorney dated 12 November 2020.
Participants who attended the meeting through the facilitated media of video conference are as follows:
Board of Directors Board of Commissioners
Kazuhisa Miyagawa, Deputy President Director Chow Ying Hoong, Vice President Commissioner
Darmadi Sutanto, Deputy President Director Irwan Mahjudin Habsjah, Independent Commissioner
AGENDA RESOLUTION
Agenda 1: 1. Approved the amendment of the Company’s Articles of Association with the purpose
Amendment of the Articles of Association of to adjust to the Regulation of the Financial Services Authority No. 14/POJK.04/2019
the Company regarding the Amendment of the Financial Services Authority Regulation No. 32/
POJK.04/2015 on Additional Capital of Public Companies by Providing the Right
260 to Order Securities in Advance, the Financial Services Authority Regulation No.
15/POJK.04/2020 on the Planning and Implementation of the General Meeting of
Shareholders of Public Companies, and the Financial Services Regulation No. 16/
2020 Annual Report PT Bank BTPN Tbk
Voting Result:
Affirmative : 7,615,398,105 shares or 99.99%
Non-Affirmative : 100 shares or 0.00%
Abstain : 0 shares or 0.00%
Realization/Follow-Up:
Conducted in accordance with the GMS resolutions
Agenda 4: Approved the appointment of Chow Ying Hoong as the President Commissioner of the
Appointment of a member of the Board of Company, who was previously officiated as the Vice President Commissioner of the
Commissioners (President Commissioner) of Company, effective as of the closing of the Meeting with his remaining term of office until
the Company the closing of the Annual GMS which will be held in the year 2022, without prejudice to
the rights of the GMS or prevailing laws and regulations to dismiss at anytime prior to the
completion of the term of office.
Voting Result:
Affirmative : 7,615,398,105 shares or 99.99%
Non-Affirmative : 100 shares or 0.00%
Abstain : 0 shares or 0.00%
Realisasi/Tindak Lanjut:
Conducted and to be executed in accordance with the GMS resolutions
Agenda 5: 1. Approved the appointment of Edmund Tondobala as Independent Commissioner of
Appointment of a member of the Board of the Company effective as of the closing of the Meeting with the remaining term of
Commissioners (Independent Commissioner) office of incumbent members of the Board of Commissioners, namely until the closing
of the Company of the Annual GMS of the Company which will be held in the year 2022, without
prejudice to the rights of the GMS or prevailing laws and regulations to dismiss
members at anytime prior to the completion of the term of office.
261
Thus, the complete composition of the members of the Board of Directors and the
Board of Commissioners of the Company effective as of the closing of the Meeting is
Board of Commissioners:
President Commissioner : Chow Ying Hoong
Vice President Commissioer : Eliminated**)
Commissioner : Takeshi Kimoto
Commissioner (Independent) : Ninik Herlani Mashli Ridhwan
Commissioner (Independent) : Irwan Mahjudin Habsjah
Commissioner (Independent) : Edmund Tondobala
**) The position of the Vice President Commissioner is eliminated effective as of the
acceptance of the announcement of the change in the Articles of Association
of the Company by the Ministry of Law and Human Rights of the Republic of
Indonesia.
2. Granted power to the Board of Directors of the Company with the right of substitution
to restate the resolution of Agenda 2 up to Agenda 5 of the Meeting into a Notarial
Deed and submission to the Ministry of Law and Human Rights, as well as to take
necessary actions as required in accordance with the Articles of Association of the
Company and prevailing laws and regulations.
Voting Result:
Affirmative : 7,615,398,105 shares or 99.99%
Non-Affirmative : 100 shares or 0.00%
Abstain : 0 shares or 0.00%
Realization/Follow-Up:
Conducted and to be executed in accordance with the GMS resolutions
Good Corporate Governance
AGENDA RESOLUTION
Agenda 1: 1. a. Approved the SMBCI Annual Report for the financial year ended 31
Approval of the Annual Report and the ratification of the December 2018, including the Supervisory Report of the Board of
Company’s Financial Statements for the fiscal year ended Commissioners of SMBCI.
31 December 2018; granting of a full release and discharge b. Approved the BTPN Annual Report for the fiscal year ended 31
(volledig acquit et decharge) to the members of the Board of December 2018, including the Supervisory Report of the Board of
Directors and the Board of Commissioners of the Company Commissioners of BTPN.
for the management and supervisory actions carried out 2. a. Ratified SMBCI’s Financial Statements for the fiscal year ended
during the fiscal year ended 31 December 2018 31 December 2018 as audited by the Public Accounting Office
SIDDHARTA WIDJAJA & Rekan with an UNQUALIFIED opinion, and
is contained in the 2018 SMBCI Annual Report.
b. Ratified BTPN’s Financial Statements for the fiscal year ended
31 December 2018 as audited by the Public Accounting Firm
TANUDIREDJA, WIBISANA, RINTIS & Rekan with an UNQUALIFIED
opinion, and is contained in the 2018 BTPN Annual Report.
3. Granted full release and discharge (volledig acquit et decharge) to the
members of the Board of Directors and the Board of Commissioners of
SMBCI who served during the fiscal year ended 31 December 2018 and
the members of the Board of Directors and the Board of Commissioners
of BTPN who served during the fiscal year ended 31 December 2018
for all management and/or supervisory actions (including the members
of the Board of Directors and the Board of Commissioners of SMBCI
262 and BTPN who resigned at the SMBCI and BTPN Extraordinary General
Meeting of Shareholders on 5 October 2018), provided that those
actions are reflected in the Annual Report and the Financial Statements
of SMBCI and BTPN for the fiscal year ended 31 December 2018, by
2020 Annual Report PT Bank BTPN Tbk
Agenda 2: 1. Confirmed that in accordance with the Profit and Loss Statement
Determination on the appropriation of the Company’s net of SMBCI for the fiscal year ended on 31 December 2018, the total
profit for the fiscal year ended at 31 December 2018 net profit acquired by SMBCI during the fiscal year amounted to
Rp989,673,000,000 (nine hundred eighty-nine billion six hundred
seventy-three million Rupiah).
2. Confirmed that in accordance with the Profit and Loss Statement of
BTPN for the fiscal year ended on 31 December 2018, the total net profit
earned by BTPN in the fiscal year amounted to Rp1,968,290,937,818
(one trillion nine hundred sixty-eight billion two hundred ninety million
nine hundred thirty-seven thousand eight hundred eighteen rupiah)
3. Approved the use of SMBCI’s total net profit in the amount of
Rp989,673,000,000 (nine hundred eighty-nine billion six hundred
seventy-three million Rupiah) as follows:
a. For the fiscal year ended 31 December 2018, SMBCI will not
distribute dividends to shareholders;
b. The total comprehensive net income after income tax obtained by
SMBCI during the fiscal year ended 31 December 2018, amounting
to Rp989,673,000,000 (nine hundred eighty-nine billion six hundred
seventy three million Rupiah) shall be booked as retained earnings.
4. Approved the use of the total net profit obtained by the Company in the
amount of Rp1,968,290,937,818 (one trillion nine hundred sixty-eight
billion two hundred ninety million nine hundred thirty seven thousand
eight hundred eighteen Rupiah) as follows:
a. For the fiscal year ended 31 December 2018, the Company will not
distribute dividends to shareholders;
b. The total comprehensive net income after income tax obtained by
the Company during the financial year ended 31 December 2018,
amounting to Rp1,968,290,937,818 (one trillion nine hundred sixty- 263
eight billion two hundred ninety million nine hundred thirty-seven
thousand eight hundred eighteen Rupiah) shall be booked as
retained earnings.
AGENDA RESOLUTION
BOARD OF COMMISSIONERS
Realization:
The resolution has been realized and followed up.
Good Corporate Governance
AGENDA RESOLUTION
Agenda 5: 1. Appointed the Public Accounting Office SIDDHARTA WIDJAJA & Rekan and Public
Appointment of a Public Accountant to audit Accountant Liana Lim to examine or audit the Company’s books and records for the
the Company’s books for the year ended 31 Fiscal Year ended 31 December 2019.
December 2019, 2. Approved the honorarium of the Public Accounting Office for the fiscal year ended
and to determine the honorarium 31 December 2019, namely the Company’s annual audit fee, in the amount of
and other terms applicable to
the appointment of the Public Rp8,000,000,000 (eight billion Rupiah) (excluding tax & out-of-pocket expenses).
Accountant. 3. Authorized the Board of Commissioners to appoint a Substitute Public Accounting
Office and/or a Substitute Public Accountant in the event the Public Accounting
Office and/or Public Accountant who has been appointed by the resolution the
General Meeting of Shareholders for whatsoever reason unable to finalize the audit
of the financial statements for the year ended 31 December 2019. This includes
the determination of the conditions, including the amount of honorarium, of the
appointment of the Substitute Public Accounting Office and/or Public Accountant.
Votes:
1. Affirmative : 4,974,378,572 or 99.5970371%
2. Non-Affirmative : 20,126,000 or 0.4029629%
3. Abstain :-
Affirmation of Decision : Majority Vote
Realization:
The resolution has been realized and followed up.
Agenda 7: 1. Reconfirmed the resolution to establish and implement the Company’s Employee
Reconfirmation of the resolution about the Stock Option Program (2016 ESOP Program) made at the 2016 EGMS, the 2017
Company’s Employee Stock Option Program AGMS, and the 2018 AGMS.
(ESOP Program) made at the Extraordinary 2. Granted authorization to the Company’s Board of Commissioners to perform any
General Meeting of Shareholders held on 29 actions that are required by the applicable laws and regulations or the Company’s
266 April 2016, the Annual General Meeting of articles of association, or deemed necessary, to realize the 2016 ESOP Program,
Shareholders held on 24 March 2017, and among others:
the Annual General Meeting of Shareholders a. Increasing the Company’s issued and paid up capital as long as this amount
held on 29 March 2018. Submission Date does not exceed Rp2,336,114,920 (two billion three hundred thirty six million
2020 Annual Report PT Bank BTPN Tbk
of Meeting Resolution to the Board of one hundred fourteen thousand nine hundred twenty Rupiah) by issuing new
Commissioners to take any necessary action shares in an amount not exceeding 116,805,746 (one hundred and sixteen million
to implement the ESOP Program, including eight hundred five thousand seven hundred forty-six), each with a nominal value
increasing the amount of the Company’s of Rp20 (twenty Rupiah), in accordance with the resolution of the 2015 EGMS,
issued and paid up capital in accordance with which was confirmed at the 2016 EGMS, the 2017 AGMS, and the 2018 AGMS.
the resolution adopted at the abovementioned b. To create, issue, and enforce regulations, provisions, and policies of any kind
Extraordinary General Meeting of regarding the implementation of the 2016 ESOP Program (without affecting the
Shareholders. regulations applicable in the Capital Market), determine who is entitled to buy
new shares issued by the Company in the framework of the 2016 ESOP Program
and determine the exercise price. To make changes to the terms and conditions
of the 2016 ESOP Program with the regulations and requirements that can later
be issued by the authorized institutions in the Capital Market, including the
Financial Services Authority.
c. Granted the authorization to the Company’s Board of Directors to take actions
concerning the implementation of the 2016 ESOP Program, as long as there is no
conflict of interests.
3. To eliminate doubts, the addition of the issued and paid up capital contained in this
resolution does not affect the resolution to increase the Company’s issued and paid
up capital, which has been made in order to implement the 2015 MESOP Program, as
outlined in the 6th (sixth) agenda of the Meeting.
Votes:
1. Affirmative : 4,984,152,365 or 99.7927281%
2. Non-Affirmative : 10,352,207 or 0.2072720%
3. Abstain :-
Affirmation of Decision : Majority Vote
Realization:
The resolution has been realized and followed up.
AGENDA RESOLUTION
BOARD OF DIRECTORS
President Director : Ongki Wanadjati Dana
Deputy President Director : Kazuhisa Miyagawa
Compliance Director (Independent) : Dini Herdini
Director : Yasuhiro Daikoku
Director : Henoch Munandar
Director : Adrianus Dani Prabawa
Director : Merisa Darwis
Director : Hiromichi Kubo
Director : Hanna Tantani
The term of office of all members of the Board of Directors is effective until
the closing of the Annual General Meeting of Shareholders in 2022, without
prejudice to the right of the General Meeting of Shareholders and other
prevailing regulations to terminate their term of office at any time before the
expiration of his/her term of office.
Votes:
1. Affirmative : 7,933,621,769 (100%)
268 2. Non-Affirmative
3. Abstain
:-
:-
Basis of Decision : Unanimous Vote
Realization:
2020 Annual Report PT Bank BTPN Tbk
The resolution has been realized and followed up. Deed of Resolution of the Extraordinary General Meeting of Shareholders of PT Bank
BTPN Tbk No.16 dated 11 September 2019 made by Notary Ashoya Ratam, SH, MKn., Notary in South Jakarta Administrative City.
AGENDA RESOLUTION
BOARD OF COMMISSIONERS
President Commissioner (Independent) : Mari Elka Pangestu
Vice President Commissioner : Chow Ying Hoong
Commissioner : Takeshi Kimoto
Commissioner (Independent) : Ninik Herlani Masli
Ridhwan
Commissioner (Independent) : Irwan Mahjudin Habsjah
SUMITOMO MITSUI
FINANCIAL GROUP (SMFG)
100%
70.00%
SELECTION &
PROPOSAL DECISION
RECOMENDATION
1. Nomination Proposal 3. The Selection 5. Collection 8. OJK approval 10. GMS
of the members Process by the andsubmission of the of prospecctive
of the Board of Remuneration fit and proper test members of
Commissioners by and Nomination application files by the the Board of
the Shareholders/ Committee,consist of: Corporate Secretary Commissioners
Board of a. Competence and to Compliance
Commissioners/ track record
Board of Directors analysis
b. Interview (if
required)
2. Submission of the 4. Submission of the 6. The Compliance 9. The Board of 11. Report to OJK
nomination proposal Recomendations of Director issues a Commissioners the changes of
of the Board of the Remuneration Compliance Checklist proposes the the composition
Commissioners to and Nomination nomination to the members of
the Remuneration Committee to 7. Submission of the GMS the Board of
and Nomination the Board of Fit and Proper Commissioners
Committee Commissioners Test application
270 documents
Criteria of Members of the Board of Commissioners Members of the Company’s Board of Commissioners
2020 Annual Report PT Bank BTPN Tbk
In accordance with prevailing provisions, members of sign a statement related to Corporate Governance when
the Board of Commissioners are required to take the taking up the fit and proper test. This statement is
Fit and Proper Test prior to executing their duties. The updated on yearly basis, and the latest was done for the
Bank’s Management must fulfill the requirements of position at the end of December 2020.
integrity, competence and sound financial reputation.
As of 31 December 2020, all members of the Board of Manual of the Board of Commissioners (Board
Commissioners have met the requirements to pass the Manual)
evaluation on competence and compliance. In executing their duties and responsibilities, members
of the Board of Commissioners are guided by the Board
Independence of the Board of Commissioners Manual of the Board of Commissioners. The Manual
Bank BTPN is in compliance with the prevailing laws is periodically updated and enhanced with reference to
and regulations related to the independence of the prevailing regulations and provisions. The Manual of
Board of Commissioners: the Board of Commissioners was last reviewed on 18
• The Board of Commissioners of BTPN has met the December 2020.
required number of members, composition, criteria
and independence of members who have fulfilled Based on the review, the content of the Board Manual
the criteria and independence as regulated by Bank of the Board of Commissioners is as follows:
Indonesia, 1. Organization
• The Board of Commissioners consists of 5 2. Independence
members, of which 3 (three) members, or more 3. Duties, Responsibilities, and Authority
than 50.0% are Independent Commissioners. 4. Establishment of Committees
The Independent Commissioners have met all the 5. Function of the President Commissioner
independence criteria stipulated in OJK regulations. 6. Ethical Values of Members of the Board of
• Replacement and appointment of members of Commissioners
the Board of Commissioners takes into account 7. Meetings
the recommendations of the Remuneration and 8. Accountability of the Board of Commissioners
Nomination Committee.
• Each member of the Board of Commissioners has Composition of the Board of Commissioners
no family relations up to second degree with other The Board of Commissioners consists of 5 (five)
members of the Board of Commissioners and/or the members and shall not exceed the number of members
Board of Directors. of the Board of Directors which totals 10 members.
• Members of the Board of Commissioners do not As many as 3 (three) of the 5 (five) members or more
hold any concurrent positions exceeding that
permitted
than 50% (fifty percent) of the total members of the Board of Commissioners are Independent Commissioners. The
majority members of the Board of Commissioners are citizens with domicile in Indonesia.
Each member of the Board of Commissioners is assigned with specific duties. Details are explained in the table
below:
Chow Ying Hoong President Commissioner Duties and responsibilities as Member of the
Remuneration and Nomination Committee
Ninik Herlani Masli Ridhwan Independent Commissioner Duties and responsibilities as:
a. Chairman of the Audit Committee
b. Chairman of the Remuneration and Nomination
Committee
272 Plans and Realization of 2020 Work Plan 4. The Board of Commissioners approved the
In 2020, the Board of Commissioners actively recommendations of the Nomination and
supervised the management and operations of the Remuneration Committee in relation to determining
2020 Annual Report PT Bank BTPN Tbk
Bank, and provided advice to the Board of Directors. the remuneration of the members of the Board of
Commissioners and the Board of Directors.
The Board of Commissioners continued to monitor the 5. Approval of the revision of the Bank’s Business
implementation of corporate governance in all Bank Plans (RBB) 2020-2022.
activities. The board’s supervision focused on achieving 6. Review and approval of the Bank’s Business Plans
business targets and took into account prudent risk (RBB) 2021-2023 and the Sustainable Finance
management and regulatory compliance. Action Plan (RAKB).
Supervision was performed directly through the 7. Monitoring of the implementation of Integrated
monitoring of the action plan on the Board of Corporate Governance and Risk Management.
Commissioners recommendations to the Board 8. Approval of the Board of Commissioners in
of Directors, as well as through the established connection with the Annual Work Plan of the Audit
committees. Committee and the Risk Monitoring Committee.
9. The Board of Commissioners monitors the
Throughout 2020, the Board of Commissioners implementation of governance and compliance
supervised on the strategic aspect of the Bank on the with the applicable regulations including financial
following: ratios, Bank soundness levels - RBBR, APU PPT
1. Financial performance reviews of the Bank and its implementation, and risk management
Subsidiaries.
2. Through the Risk Monitoring Committee, reviews Disclosure of Share Ownership
were carried out of the Bank’s risk management, In accordance with the Financial Services Authority
the adequacy of the internal control system, and the Regulations and the Corporate Governance Policy in
implementation of a culture of compliance. relation to the Share Ownership Report or any Changes
3. Ensuring that the Board of Directors has followed up to the Share Ownership of the Board of Commissioners
the findings of the Internal Audit and External Audit, did not conduct any BTPN share purchase transactions
as well as the recommendations of the Internal Audit in 2020.
through the Audit Committee.
The following table shows the share ownership of the members of the Board of Commissioners as of 31 December
2020:
the duties in accordance with the assigned tasks and replacing members of the Board of Directors which is
authority. The purpose is to obtain effectiveness of the then disclosed at the General Meeting of Shareholders.
management and achieving maximum results. The The candidate selection process is carried out by
Board of Directors of Bank BTPN always highly uphold the Remuneration and Nomination Committee. The
the importance of professional attitude, objectiveness, Committee weighs the competency, professional
strategic thinking and prioritizing the interests of the experience as well as the diversity of the composition
Bank. regardless of race, ethnicity, gender and religion.
SELECTION &
PROPOSAL DECISION
RECOMENDATION
1. Nomination Proposal 3. The Selection 5. Collection 8. OJK approval 10. GMS
of the members Process by the andsubmission of the of prospecctive
of the Board of Remuneration fit and proper test members of the
Direcotrs by the and Nomination application files by the Board of Direcotrs
Shareholders/Board Committee,consist of: Corporate Secretary
of Commissioners/ a. Competence to Compliance
Board of Directors and track record
analysis
b. Interview (if
required)
2. Submission of 4. Submission of the 6. The Compliance 9. The Board of 11. Submit to OJK on
the nomination Recomendations of Director issues a Commissioners the changes of
proposal of the the Remuneration Compliance Checklist proposes the the composition
Board of Directors and Nomination nomination to the members of the
to the Remuneration Committee to 7. Submission of the GMS Board of Directors
and Nomination the Board of Fit and Proper
Committee Commissioners Test application
documents
Criteria for the Board of Directors 4. Possesses the commitment to comply with the laws 275
Establishing the criteria for the Board of Directors, and regulations.
among others, refers to the OJK Regulation No. 33/ 5. Possesses the knowledge and/or expertise in the
• Each member of the Board of Directors has no with prevailing regulations and provisions. The Manual
family relations up to second degree with other of the Board of Directors was last reviewed on 18
members of the Board of Directors and/or members December 2020 . Based on the the result of review, the
of the Board of Commissioners. content of the Board Manual is as follows:
• Members of the Board of Directors have no 1. Organization
concurrent positions as stipulated in the provisions 2. Independency
set forth under OJK Regulation. 3. Duties and Responsibilities of the Board of Directors
4. Function of the President Director
Members of the Board of Directors of the Company 5. Director of Compliance
have signed the statement regarding Corporate 6. Ethical Values of Members of the Board of Directors
Governance at the time the fit and proper test was 7. Meetings
taken. The statement is always updated annually, and 8. Relations with Stakeholders
the last was for the position at the end of December 9. Training
2020.
Composition of the Board of Directors
Board Manual of the Board of Directors Based on the resolutions of the Annual GMS dated 23
In executing their duties and responsibilities, members April 2020 and Extraordinary GMS dated 18 November
of the Board of Directors refers to the Board Manual. 2020, a change to the composition of the Board of
The Manual is periodically updated and enhanced in line Directors with occurred as follows:
*) Darmadi Sutanto has been appointed as Deputy President Director by Annual GMS on 23 April 2020, and effectively assumes the office as
of 14 May 2020 after obtaining approval of fit and proper test from the Financial Services Authority
AFTER EXTRAORDINARY GMS 18 NOVEMBER 2020
*) Kaoru Furuya has been appointed as Deputy President Director by the Extraordinary GMS on 18 November 2020, and effectively assumes
the office as of 4 January 2021 after obtaining the completed working permit from the Ministry of Manpower of the Republic of Indonesia.
Specifically, each member of the Board of Directors is assigned with duties, details are explained in the table below:
President Director To coordinate and generally supervise roles & responsibilities of all members of the Board of Directors.
To specifically supervise:
a. Deputy President Directors supervising Corporate Banking
b. Deputy President Directors supervising Retail Banking
c. Director supervising Corporate Banking Japanese
d. Director supervising Wholesale Banking
e. Treasury Director
f. Operation Director
g. Risk Management Director
h. Legal & Compliance Director
i. Finance Director
j. Head of Human Capital
k. Head of Internal Audit
l. Head of Information Technology
Deputy President Director To coordinate and generally supervise roles & responsibilities of:
a. Director supervising of Corporate Banking (Japanese)
b. Director supervising of Wholesale Banking
c. Treasury Director
To spesifically supervise:
a. Credit Risk Division:
• Credit
• Loan
• Transaction Legal
• Commercial Banking Credit Risk
• Credit Planning
Good Corporate Governance
*) Kaoru Furuya has been appointed as Deputy President Director by the Extraordinary GMS on 18 November 2020, and effectively
assumes the office as of 4 January 2021 after obtaining the completed working permit from the Ministry of Manpower of the Republic of
Indonesia.
Assessment of Committees Under the Board of Directors and the Basis of Assessment
During 2020, the committees under the supervision of the Board of Directors were actively involved in supporting the
implementation of the Board of Directors’ duties by ensuring the follow up of all key strategies and initiatives.
Good Corporate Governance
the Board of Directors is a combination of desired by another Commissioner appointed in the meeting.
characters, both from the aspect of the organ of the 6. Decision-making in the meetings of the Board
Board of Directors as well as the individual member of Commissioners is based on deliberation and
of the Board of Directors, in line with the needs of the consensus.
Bank. The combination is determined by means of 7. In the event that a consensus cannot be reached,
considering the expertise, knowledge and experience the decision is based on a majority vote.
appropriate with the assigned duties and job functions 8. Any decision that is legally determined at the
of the Board of Directors in achieving the Bank’s meetings of the Board of Commissioners applies to
objectives. all members of the Board of Commissioners.
9. Dissenting opinions occurring in the meetings of the
With consideration of the combined characteristics Board of Commissioners and the reasons behind
of the Board of Commissioners, this will impact the must be clearly recorded in the minutes of the
precision of the candidacy process and appointment meeting.
of individual member of the Board of Directors or the
Directors collegially. This also applies to the Board of
Commissioners.
FREQUENCY AND ATTENDANCE OF MEETINGS OF THE BOARD OF DIRECTORS DURING THE YEAR 2020
Number of Joint-
Number of Meetings Meetings of the
Name of Members of the Percentage of Percentage of
of the Board of Board of Directors
Board of Directors Attendance Attendance
Directors and the Board of
Commissioners
The Board of Commissioners holds regular meeting with the Board of Directors as part of its effective supervisory
functions over such aspects as strategy, finance, operations, internal control system, compliance, risk management
and governance.
The meetings are attended, in person or via teleconference, by members of the Board of Commissioners. During the
year 2020, Joint-Meetings of the Board of Commissioners and the Board of Directors were held 7 times.
The meetings’ decision-making is carried out through deliberation and consensus. Throughout the year 2020, no
dissenting opinion in the meetings’ decisions were recorded.
Agenda of the Joint-Meetings of the Board of Commissioners and the Board of Directors
MoM Registration
Date Agenda
Numbers
MOM.0001/BOC- 30-Jan-20 1) Report on GCG Self-Assessment as of December 2019
BOD/I/2020 2) Update on Integrated Risk Management Committee 2H19
3) Financial Performance Report FY2019
4) Q4 2019 Risk Profile & AFM Update
5) Q4 2019 Compliance & AML Update
286
MOM.0002/BOC-BOD/ 31-Mar-20 1) COVID-19 Handling Update
III/2020
2020 Annual Report PT Bank BTPN Tbk
MOM.0003/BOC-BOD/ 16-Apr-20 1) Financial Performance Report for position March year 2020
IV/2020 2) COVID-19 Update
3) Report on Fraud Risk Management Update for Q1 2020
MOM.0004/BOC-BOD/ 24-Jun-20 1) Bank Business Plan Revision FY2020 for BOC Approval
VI/2020 2) Updates on CASA Strategy
3) Management Response on Overdue ACR
MOM.0005/BOC-BOD/ 30-Jul-20 1) Good Corporate Governance Self-Assessment as of June 2020
VII/2020 2) Financial Conglomeration Integrated Risk Profile and Capital Adequacy Ratio
Report for year 2019
3) Report on Financial Performance For the Position as of June 2020
4) March 2020 Risk Profile and December 2019 RBBR and ICAAP Report & Anti
Fraud Management Update
5) Report on Compliance and AML for position Q2 2020
MOM.0006/BOC-BOD/ 04-Nov-20 1) Report on Financial Performance For the Position as of September 2020
XI/2020 2) Report on Compliance and AML for position Q3 2020
MOM.0007/BOC-BOD/ 23-Nov-20 1) Bank Business Plan for year 2021-2023 for BOC Approval
XI/2020 2) SME Business Strategy Discussion
3) Report on BTPN Risk Profile for the position as of Q3 2020
4) BTPN COVID-19 Management Handling
5) BOD Talent Development and Remuneration Design Framework
6) Monitoring of BOC Committee Recomendation
AFFILIATION OF THE BOARD OF COMMISSIONERS, THE BOARD OF DIRECTORS, AND
CONTROLLING SHAREHOLDERS
BOARD OF COMMISSIONERS
Family Relationship with Financial Relationship with
Name Position
Board of Board of Controlling Board of Board of Controlling
Commissioners Directors Shareholders Commissioners Directors Shareholders
BOARD OF DIRECTORS
Family Relationship with Financial Relationship with 287
Name Position
Board of Board of Controlling Board of Board of Controlling
Commissioners Directors Shareholders Commissioners Directors Shareholders
*) Kazuhisa Miyagawa has effectively resigned since November 18, 2020 and was replaced by Kaoru Furuya who became effective on
January 4, 2021 after obtaining a complete work permit from the Ministry of Manpower of the Republic of Indonesia.
AUDIT COMMITTEE
The Audit Committee reports to the Board of Commissioners and established to support the implementation of the
Board of Commissioners’ duties related to financial information, internal control system, effectiveness of internal and
external audits as well as the implementation of the Bank’s governance.
Good Corporate Governance
Term of Office
Members of Audit Committee are appointed and terminated by the Board of Commissioners based on the Meeting
resolution of the Board of Commissioners, which in further stipulated into Circular Resolution No PS/BOC/055/
XII/2020.
290
Kanaka Puradiredja • Workshop CACP Batch 14 11 August 2020, online Ikatan Komite Audit Indonesia
• Workshop CACP Batch 15 22 September 2020, online Ikatan Komite Audit Indonesia
• Workshop CACP Batch 16 22 October 2020,online Ikatan Komite Audit Indonesia
• Workshop CACP Batch 17 16 November 2020, online Ikatan Komite Audit Indonesia
• Workshop CACP Batch 18 15 December 2020, online Ikatan Komite Audit Indonesia
• Panel Discussion “Empowering Board 27 February 2020, Financial Club, Lembaga Komisaris dan Direktur Indonesia
Leadership in Cyber Security: Your Jakarta
Cyber Decision Matters”
• Discussion Online “Peran dan 24 April 2020 Lembaga Komisaris dan Direktur Indonesia
Tanggung Jawab Komisaris
Independen” 24 June 2020 Lembaga Komisaris dan Direktur Indonesia
• Online Discussion “Peranan
Komisaris Independen dalam
Transformasi Perusahaan menuju 4 August 2020 Lembaga Komisaris dan Direktur Indonesia
New Normal”
• Speaker Modul “Board Function and
Obligation” Inhouse Training 12 August 2020 Lembaga Komisaris dan Direktur Indonesia
PT Aneka Tambang
• Online Discussion “Regulasi dan
Peran Pengurus (Dewan Komisaris
dan Direksi) Terkait Tingkat Kesehatan 21 October 2020 Lembaga Komisaris dan Direktur Indonesia
Bank”
• Online Discussion “Pailit di Masa
Pandemi: Strategi Direksi dan Dewan
Komisaris”
Ivan Purnama • Artificial Intelligence Auditing 12 October 2020 The Institute of Internal Auditors Indonesia
Sanoesi Framework 12 Oct 2020 (IIA-Indonesia)
• The Role of Internal Auditor In IIA-Indonesia
Building Business Resilience 20 November 2020
• Three Lines Sebagai Katalisator IIA-Indonesia, IRMAPA (Indonesia Risk
Pemulihan Bisnis Era Normal Baru 25 June 2020 Management Profesional Association), IKAI
• From Data to Insight: Sharing (Indonesian Institute of Audit Committee)
Experience Generating From Data 13 July 2020
Analytics and Visual Storytelling IIA-Indonesia
REMUNERATION AND NOMINATION COMMITTEE • Remuneration policy for the Executive Officers
Legal Basis and employees to be submitted to the Board of
The legal basis used in relation to the establishment of Directors.
the Remuneration and Nomination Committee is the
Good Corporate Governance Manual No. K.008/DIR/ Related to the Nomination Policy
CCS/06/2020. 1. Provide recommendations to the Board of
Commissioners on the composition of the Board of
The Remuneration and Nomination Committee Directors and/or the Board of Commissioners.
Charter 2. Formulate and provide recommendations on
Bank BTPN has the Remuneration and Nomination the criteria and procedures of appointment and/
Committee Charter established on 1 February 201 or replacement of members of the Board of
and has been reviewed on 13 March 2020. The Commissioners and the Board of Directors to the
document contains provisions on the Organization, Board of Commissioners for submission to the
Membership Requirements, Independency, Duties and General Meeting of Shareholders.
Responsibilities, Remuneration Policy of the Board of 3. Provide recommendations on prospective members
Directors and the Board of Commissioners, Policy on of the Board of Commissioners and/or the Board
Self Assessment for the Board of Directors and the of Directors to the Board of Commissioners for
Board of Commissioners, Authority of the Remuneration submission to the General Meeting of Shareholders.
and Nomination Committee, Work Ethics, Meetings,
Minutes of Meeting, Reporting Responsibility, and Term Independency of the Remuneration and Nomination
of Office. Committee
The composition, qualification and independency
291
Duties and Responsibilities of members of the Remuneration and Nomination
Details of the Committee’s duties and responsibilities committee are in accordance with OJK provisions.
Term of Office
Members of Remuneration & Nomination Committee are appointed and terminated by the Board of Commissioners
based on the Meeting resolution of the Board of Commissioners, which in further stipulated into Decree of BOD No
SK.002/DIR/CCS/VII/2020.
Good Corporate Governance
Meeting Policy
Provisions related to the meetings of the Remuneration and Nomination Committee set forth at the Bank are as
follows:
1. The Nomination and Remuneration Committee holds meetings at least 1 (one) time every 4 (four) months.
2. Decisions at the Committee meetings are based on consensus. In the event that a consensus cannot be reached,
decisions are based on majority votes.
3. Dissenting opinions, and their reasons, shall be clearly recorded in the minutes of Committee meetings.
Frequency and Attendance of the Meetings of the Remuneration and Nomination Committee
Throughout the year 2020, the Remuneration and Nomination Committee convened in 3 meetings.
* Per 27 May 2020 Pratomo Soedarsono replaced by Aloysius Wilhelmus than 1 July 2020 replaced by Mira Fitria
Implementation of Activities of the Remuneration and Nomination Committee in the Year 2020
During the year 2020, activities actualized by the Remuneration and Nomination Committee are as follows:
Date Agenda
24 Juli 2020 1. Interview of Candidate of Member of Board of Directors - Furuya Kaoru (FK)
2. Decision of Furuya Kaoru Recommendation
23 November 2020 1. Interview of Candidate of Member of Board of Directors – Kan Funakoshi (“KF”)
2. Decision on Kan Funakoshi Recommendation
Mira Fitria - Member HC Sharing Learning Agility 13 October 2020 BTPN 293
Virtual
Mira Fitria - Member Insight Discovery Profile & Workshop 16 October 2020 BTPN & TalentBox Indonesia
Mira Fitria - Member Ethics, Integrity & Conduct Risk 30 November 2020 BTPN
Virtual
Mira Fitria - Member Entertainment & Gift 2020 1 December 2020 BTPN
Virtual
Mira Fitria - Member Leadership Series : COVID-19 : 10 December 2020 BTPN & Microsave
Opportunities for MSMEs and Digitization Virtual Consulting
of Financial Services
Good Corporate Governance
Meeting Policy
Meeting policies set forth for the Risk Monitoring Committee are as follows:
1. The Risk Monitoring Committee holds meetings at least one (1) time every three (3) months.
2. Risk Monitoring Committee meetings can only be held if attended by at least 51% of its members.
3. Decisions to be made at Committee meetings are based on consensus. In the event that a consensus cannot be
reached, decisions are based on majority votes.
4. Dissenting opinions, and their reasons, shall be clearly recorded in the minutes of Committee meetings.
295
Name Number of Meetings Attendance Attendance Percentage
INTEGRATED GOVERNANCE COMMITTEE 6. The legal basis for the establishment of the
Integrated Governance Committee is the Good
Legal Basis Corporate Governance Manual No. K.008/DIR/
The legal basis used for the Integrated Governance CCS/06/2020
Committee is as follows:
1. Financial Services Authority Regulation No. 18/ Integrated Governance Committee Charter
POJK.03/2014 dated 19 November 2014 and Bank BTPN has the board charter that regulates
Financial Services Authority Circular Letter No. the Guidelines and Procedures of the Integrated
15/SEOJK.03/2015 dated 25 May 2015 on the Governance Committee. The guidelines were
Implementation of Integrated Governance for established on 1 February 2019 and has been
Financial Conglomerates. periodically reviewed on 30 June 2020 which containing:
2. Financial Services Authority Regulation No. 55/ Legal Basis, Objectives, Organization, Duties and
296 POJK.03/2016 dated 9 December 2016 on the Responsibilities and Procedures.
Application of Governance for Commercial Banks
and Financial Services Authority Circular Letter No. Duties and Responsibilities of the Integrated
2020 Annual Report PT Bank BTPN Tbk
Dewie Pelitawati • Online Discussion “Regulation 12 August 2020 (online) Lembaga Komisaris dan
and the Role of the Board of Direktur Indonesia (LKDI)
Commissioners and Directors
Related to Bank Soundness, BTPN Syariah
which was attended by the Board 8 October 2020
of Commissioners in Jakarta; (online)
• Refreshment Risk Awareness
attended by the Board of
Commissioners in Jakarta;
line with prevailing provisions, the Bank is obliged to The Asset and Liability Committee (ALCO) has a charter,
have at least 3 (three) committees to assist the tasks of last updated on 1 July 2020, which among others
the Board of Directors, namely the Risk Management contains the following:
Committee, the Asset and Liability Committee and the
Information Technology Steering Committee. 1. Monitor and manage assets and liabilities
2. Monitor market development and factors that may
Looking at the complexity of BTPN’s business, the affect the bank’s funding and liquidity
management and improvement of the quality of good 3. Monitor the bank’s risk exposure such as risks in
corporate governance implementation is necessary. interest rate and exchange rate
For this purpose, BTPN forms 8 (eight) committees as 4. Decide and provide direction in managing interest
follows: rates, both in funding and lending
1. Asset and Liability Committee 5. And other related matters
2. Risk Management Committee
3. Information Technology Steering Committee Duties and Responsibilities
4. Credit Policy Committee The Asset and Liability Committee (ALCO) has the
5. Credit Committee duties and responsibilities which include the following:
6. Information Governance Steering Committee 1. Review, supervise, and approve the Bank’s overall
7. Human Capital Committee balance sheet strategy on liquidity, prices and
8. Integrated Risk Management Committee capital management.
2. Provide an overview of the conditions of the
ASSET AND LIABILITY COMMITTEE (ALCO) domestic and global economy, as well as analysis
Structure and Membership of the implications of monetary and fiscal policies
The composition of members of the Asset and Liability which have been or will be applied by the
Committee (ALCO) as of 31 December 2020 is as government.
follows:
Implementation of Duties in 2020
Permanent Members In 2020, the Asset and Liability Committee (ALCO) held
• Chairman: Treasury Director 14 meetings with the following discussion agenda:
• Member: • Agreed the cancellation of the IFC loan facility
1. President Director • Agreed the IRRBB calculation projection
2. Deputy President Director 1 • Agreed CASA initiatives for special customers
3. Deputy President Director 2 • Agreed the increase in the exposure of the AFS
Bond as proposed by the Treasury
• Agreed changes to the SOP on the procedure for approval of purchase of government bonds and portfolio
switching submitted by the Treasury.
• Agreed new Treasury limits as stated by MLRM
• Agreed the proposal from Corporate Planning & Treasury regarding the additional limit on Long-term Foreign
Loans from SMBC Singapore
• Agreed the BPV IDR limit increase for a period of 5-10 years.
• Agreed the proposal from Corporate Planning & Treasury regarding the adjustment of FTP & capital income in the
second amendment of the RBB in 2020.
• Agreed the proposal to Utilize the USD Loan Facility from SMBC Singapore with the internal trigger of NSFR
• Agreed the changes of Supplementary liquidity limit
• Agreed on Treasury proposal to shift placement in FASBI to Govt. bonds
the Bank to be included in the Risk Management and Recovery, Key Operational Risk Indicators,
Committee report/ materials. Operational Risks inherent in the Bank, including
12. Results of the committee meeting must be stated in Business Continuity Management especially in the
the Meeting Minutes and documented accordingly. context of adapting after the COVID-19 pandemic.
13. Decisions taken at the meeting and recorded in the • The market & liquidity management, the Risk
Minutes of Meeting are signed by the Chairman and Management Committee discusses as well as
Secretary of the Meeting, and then circulated to the a form of management monitoring of Market &
committee members. Liquidity ratios and the Bank’s status on these
14. The Committee can make valid decisions without ratios.
holding a meeting by means of the committee • The other risks management, namely Compliance
circular media as approved by all Permanent Voting Risk, Strategic Risk, Reputation Risk and Legal Risk.
Members. This process may be carried out as long • The fraud management, regarding the Number of
as the submitted proposal has been conveyed in the Fraud Cases along with Losses and Recovery, Fraud
circular to all Permanent Voting Members. Detection Channels, Types of Fraud, and Action
Plans carried out by Anti Fraud Management in
Duties and Responsibilities the context of fraud mitigation and management
The Risk Management Committee has duties and in accordance with POJK 39 / POJK.03 / 2019
responsibilities which include the following: concerning “Penerapan Strategi Anti Fraud bagi
1. Formulate risk management policies and Bank Umum”. Updating Fraud Committee Decree
frameworks, risk limits as well as updates, and Investigation - Threshold were also discussed.
amendments and/or improvements. • Signing of the integrity pact and anti-fraud
2. Evaluate the aptness between risk management declaration by the Board of Directors, Board of
policies and their implementation. Commissioners, and Bank employees.
3. Evaluate and provide recommendations on • Annual review of the Action Plan and Stress Test.
transactions or activities which deviate from normal
procedures.
In the context of monitoring risks with subsidiaries, every quarter is presented a consolidation of the Bank with
subsidiaries as well as consolidated reporting of Risk Profile, RBBR, ICAAP, Integrated Risk Profile Assessment and
Integrated Minimum Capital Report in accordance with BI/OJK regulations.
%
No Name Position Meetings Attendance Description
Attendance
CHAIRMAN
Risk Management
1 Henoch Munandar 12 12 100%
Director
MEMBER
Deputy President
3 Darmadi Sutanto 12 12 100%
Director 2
Corporate Banking
4 Yasuhiro Daikoku
Japanese Director
12 8 67%
301
Wholesale Banking
5 Adrianus Dani Prabawa 12 11 92%
Director
Effective as of August
Head of Business
Jeffrey Cheanandro Tjoeng 12 4 33% 28, 2020, he serves as a
Banking
member of the BOM
Good Corporate Governance
%
No Name Position Meetings Attendance Description
Attendance
Head of Information Resigned on 20
YB Hariantono 12 2 17%
Technology February 2020
Temporary office
Head of Information as member of BOM
16 Setiasmo (Pjs) 12 1 8%
Technology effective as of 20
February 2020
and shall comprise minimum: the committee is unable to attend, the meeting
is chaired by one of the committee members
Chairman: Head of Information Technology who serves as a Director and is appointed at the
meeting.
Permanent Voting Members: 3. Only permanent voting members, or their
1. President Director representatives present at the meeting, may vote.
2. Deputy President Director 1 and 2 4. Meetings can only be held if attended by 50%
3. Risk Management Director of the committee voting-members and/or their
4. Operations Director representatives, provided that one of them is the
5. Corporate Banking Japanese Director chairman of the committee and/or the President
6. Wholesale Banking Director Director.
7. Treasury Director 5. Decisions taken at committee meetings are based
8. Finance Director on deliberation to reach consensus. In the event a
9. Head of Business Banking decision based on deliberation to reach consensus
10. Head of Retail Lending Business cannot be reached, the decision must be taken
11. Head of Wealth Management Business through a vote of more than 50% of the committee
12. Head of Digital Banking voting-members, including the chairman of the
committee and/or the President Director.
Permanent Non-Voting Members: 6. In the event of a conflict of interest, decision-making
1. Head of Internal Audit is conducted in accordance with relevant provisions
2. Executive Officer of Information Technology as per the Corporate Policy.
(Secretary) 7. Dissenting opinions and the reasons behind them,
expressed at Committee meetings, must be clearly
recorded in the Minutes of Meeting.
8. Results of the meeting must be stated in the Implementation of Duties in 2020
minutes of the meeting and documented. Throughout the year 2020, the Information Technology
9. More than 50% of committee meetings are attended Steering Committee conducted 4 (four) meetings, on 17
in person by over 70% of committee members. March, 23 June, 22 September and 8 December.
10. If deemed necessary, the IT Steering Committee
may invite parties other than committee members, Meeting Frequency and Attendance
including Subsidiaries, to attend the meeting. During the year 2020, the Information Technology
11. Decisions taken at the meetings and recorded in the Steering Committee held 4 (four) meetings, with details
Meeting Minutes are signed by the Chairman and of frequency and attendants noted below:
the Secretary of the Meeting, and then circulated to
the committee members. Permanent Voting Members:
12. The Committee can make a valid decision without
holding a meeting through the committee’s circular Chairman: President Director
media, which is approved by all permanent voting
members. This process can be carried out as Member:
long as the submitted proposal is conveyed in the - Deputy President Directors
circular to all permanent voting members. - Director and BOM in charge of Business related
Credit
Duties and Responsibilities - Director in charge of Risk Management
The duties and responsibilities of the Information - Director in charge of Compliance
Technology Steering Committee are to provide
recommendations to the Board of Directors which at the Permanent Non-Voting Members:
303
least cover the following: - Head of Portfolio Management & Policy
1. Information Technology (IT) strategic plans in line - Head of Business Risk (all segment)
Number of
Name Position Attendance % Attendance
Meetings
Chairman
CREDIT COMMITTEE
Structure and Membership
The composition of the Credit Committee as of 31 December 2020 is as follows:
Member:
- Deputy President Director
- Business Director/Business Head
- Credit Risk Head
- Loan Department Head
- Business Credit Risk Head
- Group or Department Head of Business
- Risk Management Director (Observer)
Good Corporate Governance
1. Credit related to Wholesale, Corporate and • President Director or Deputy President Director
Commercial Banking segments • Relevant Director of Wholesale, Corporate and Commercial Banking
• Head of Credit Risk
• Head of Loan Department
• Relevant Group and Department Head of Wholesale, Corporate and Commercial
Banking
• Risk Management Director (Observer)
Note:
Meeting is chaired by Chairman of Committee (President Director). In the event the
Committee Chairman is unable to attend, the Deputy President Director shall act as
Chairman of Committee.
2. Credit related to Business Banking segment • President Director or Deputy President Director
• Director/Head of Business Banking
• Head of Business Banking Credit Risk
• Head of Credit Risk
• Risk Management Director (Observer)
Note:
Meeting is chaired by Chairman of Committee (President Director). In the event the
Committee Chairman is unable to attend, the Deputy President Director shall act as
Chairman of Committee.
In the event decision-making in the Committee Meeting produce the number of affirmative votes equivalent to the
non-affirmative votes, the Committee Chairman may then determine the final decision which the Committee takes.
Number of
Name Position Attendance % Attendance
Meetings
Number of
Name Position Attendance % Attendance
Meetings
Number of
Name Position Attendance % Attendance
Meeting
Chairman
Number of Percentage of
Name Position Attendance
Meetings Attendance
Number of Percentage of
Name Position Attendance
Meetings Attendance
Policy
Establishing the remuneration and other facilities provided to members the Board of Commissioners and the Board of
Directors refer to the resolutions of the shareholders as stipulated in the GMS. Such establishment takes into account
the recommendations provided by the Remuneration and Nomination Committee.
In determining the remuneration of each member of the Board of Commissioners and the Board of Directors, the Bank
takes consideration of the general performance, performance assessment, fairness in comparison to peer groups in
banks and banking industry, as well as the Company’s capabilities. The Company’s performance is one of the factors
in determining the remuneration of members of the Board of Commissioners and the Board of Directors among others
as portrayed in the price of the company’s stock exchange price.
SELECTION &
REVIEW DECISION
RECOMMENDATIONS
1. Survey of several Indonesian bank 4. Based on the data benchmarks 5. Decisions of the Board of
to obtain data as the benchmark (external) and data in the form of Commissioners regarding remuneration
for the remuneration of the Board company performance (internal), the for the members of the Board of
of Commissioners and the Board of Committee can give recomendations Commissioners and the Board of
Directors. If necessary, the Committee about the remuneration of each Directors.
can appoint/work with consultant/ Commissioner and DIrector
independent parties in order to obtain 6. GMS approval of the remuneration of
valid data. the Board of Commissioners and the
Board of Directors.
2. The committee analyzes the survey/
benchmark result extrapolated from the
acquired data.
Non-Cash Facilities: housing, health insurance, and others, that may be in the forms of the following:
Total 5 7,729
VARIABLE CATEGORY
(Rp Million)
2020 2019
Name
Headcount Total Amount Headcount Total Amount
Board of Commissioners - -
Employees - 20,140,000
Name 2020
2020 2019
Name
Headcount Total Amount Headcount Total Amount
The connection between performance and remuneration the actualization of individual targets, and is
is explained below: categorized into –outstanding, very good, good, needs
1. The Bank refers to the meritocracy principle when improvement, and poor. The amount of remuneration
determining the amount of remuneration for its adjustment is based on the individual performance
Directors and employees, both for fixed and variable assessment. The management provides guidelines
remuneration. Individual remuneration is reviewed on the amount of fixed and variable remuneration
annually and any adjustments are based on adjustments in line with individual performance.
individual performance.
2. In terms of Bank Performance Management, The provision of variable income related to performance
each member of the Board of Directors and each and risk is stipulated by the following conditions:
employee has individual targets, which form the 1. 80% of the Variable Income is provided in cash.
basis of assessing their individual performance. 2. 20% of the Deferred Variable Income is distributed
The individual targets of the Board of Directors, as follows:
which are also the targets of his/her work unit/ • 10% is provided in cash and in the first year
directorate, are derived from the Bank’s targets, after 80% of the Variable Income has been
which are divided between work units and individual delivered.
employees. • 5% is given in the form of shares in the second
3. Unit and individual performance assessments are year after 80% of the Variable Income has been
based on the realization of the targets of each work delivered.
unit and individual. Unit performance is categorized • 5% is given in the form of shares in the third
into – Exceeding the Targets, Achieving the Targets, year after 80% of the Variable Income has been
and Below the Targets. Unit performance also delivered.
influences the performance of the head of the work
unit. Positions and Number of Parties That Become
Material Risk Takers
Positions included in the category of risk takers are the
10 Directors. Such number is the number of Material
Risk Taker (MRT) during the year 2020.
REMUNERATION STRUCTURE OF THE BOARD OF DIRECTORS
Total Amount Received in Rupiah (Gross) in 1 Year
Other facilities; housing, health insurance, and others, in the form of:
Total 9 93,974
Domicile Jakarta
Educational Background 1997 - Bachelor Degree from University of Indonesia majoring Law Sciences in Economy
Activities
2012 - Master Degree of Law from University of Indonesia
Basis of Appointment Circular Resolution of Board of Directors No. PS/BOD/001/I/2020 dated 10 January 2020
Pengalaman Kerja • Corporate Action & Stakeholder Management Head of Corporate Secretariat Division at
PT Bank Danamon Indonesia Tbk (1997-2014)
• Head of Corporate Legal Department at PT Bank Sumitomo Mitsui Indonesia (2014-2019)
a Corporate Secretary juncto Securities Listing of PT executive officer who lead Corporate Secretary Division,
Bursa Efek Indonesia Regulation No. 1-A Attachment under the supervision/coordination of Compliance
II of the Decision of the Board of Directors of PT Bursa Director, and is not concurrently assumed with any other
Efek Indonesia No. Kep-00001/BEI/01-2014 dated 30 position/title.
January 2014. The Bank has a Corporate Secretary,
namely Eneng Yulie Andriani as of 10 January 2020, In carrying out its roles and responsibility, Corporate
appointed based upon Circular Resolution of Board of Secretary coordinate and manage the functions of
Directors No. PS/BOD/001/I/2020 dated 10 January Corporate Governance Assurance, Corporate Action &
2020. Stakeholder Management, as well the Management of
Board of Commissioners and Board of Directors.
Duties and Responsibilities
Details of the duties and responsibilities of the Implementation of Duties and Responsibilities of the
Corporate Secretary of the Bank are as follows: Corporate Secretary
1. Maintain good relations with the Financial Services During the year 2020, the activities of Corporate
Authority, the Indonesian Stock Exchange, and other Secretary to be carried out by taking into account
stakeholders. the environment due to the pandemic of COVID-19
2. Responsible for providing important information outbreak.
on the Bank’s condition which the public and
stakeholders need to know. With the above limitations, Corporate Secretary has
3. Keep up with the capital market development, succeeded to complete and conduct roles or activities
including on regulations prevailing in the capital as follows:
market. 1. To organize and attend the meetings as well as
4. Perform tasks to fulfill the obligations of the to make minutes from the Meeting of the Board
Company as a public company based on the of Directors, Board of Commissioners, Joint
principles of Corporate Governance. Meeting of the Board of Directors and Board of
5. Provide the Directors and the Board of Commissioners and all Committees under the Board
Commissioners with advice on compliance with the of Commissioners except the Nomination and
provisions of Law Number 8 of 1995 concerning the Remuneration Committee.
Capital Market and its implementing regulations. 2. To hold the executive officers’s meetings (monthly
6. Responsible for the implementation of GMS. managers meeting).
7. Coordinate the implementation of the meetings
of the Board of Directors and the Board of
Commissioners.
3. To hold the annual general meeting of shareholders and extraordinary general meeting of shareholders of the
Bank.
4. To facilitate the trainings or seminars for members of the Board of Directors and Board of Commissioners.
5. To handle and fulfill the reauirements of fit & proper test for the prospective members of the Board of Directors
and Board of Commissioners.
6. To prepare and submit the reports required by the capital market and banking regulations.
7. To prepare and submit disclosure of information with the details as stipulated below.
8. To develop new policies and procedures as well as to conduct periodic reviews of policies and procedures related
to corporate governance including both individual and integrated Corporate Governance Manual, Charters, and
changes to the Bank’s Articles of Association.
9. To review from the side of the law on limited liability companies, capital market and the articles of association
towards the Bank’s plan as well as to prepare relevant approval from the Shresholders, Board of Commissioners
and Board of Directors, if necessary.
10. To strengthen the insights and provide briefings as well as to attend the trainings and related workshops both
organized by regulators and professional associations, with the details as stated below.
Disclosure of Information
As part of the responsibility and compliance as public listed company, the following is the submitted disclosure of information
during 2020:
May 26-May-20 S.055/CCS/V/2020 Payment of 2nd Bond Interest of PUB IV Phase I 2019 series A and B
July 20-Jul-20 S.073/CCS/VII/2020 Payment of 11th Bond Interest of PUB III Phase II 2017 series B
July 30-Jul-20 S.079/CCS/VII/2020 Press Release namely: PT Bank BTPN Tbk Q2 Performance Report
August 26-Aug-20 S.089/CCS/VIII/2020 Payment of 3rd Bond Interest of PUB IV Phase I 2019 series A and B
Press Release namely: SMBC Group Donates IDR 1.3 billion to PDUI
September 14-Sep-20 S.095/CCS/IX/2020
to Combat COVID-19
Good Corporate Governance
November 30-Nov-20 S.137/CCS/XI/2020 Payment of 4th Bond Interest of PUB IV Phase I 2019 series A and B
5 31 March 2020 Creco Consultant Group Analysis of Economic Condition Impact from COVID-19
10 29 may 2020 BTPN (OperatioN Risk Management) Three line of defence model discussion
11 4 June 2020 Lembaga Penjamin Simpanan Dissemination of the Planned Depositor Confidence
Index Survey at Commercial Banks
13 9 June 2020 BEI Webinar related to the Socialization of Rule Number I-B
concerning Registration of Debt Securities
14 11 June 2020 Asosiasi Emiten Indonesia Invitation to Halal Bi Halal and Webinar “Issuers
Welcomes a New Normal, Challenges and
Opportunities”
No Date Organizer Agenda
15 18 June 2020 BTPN (Legal & Litigasi) Awareness on the ABC Implementation
19 17 July 2020 AEI Invitation to AEI Webinar with the Minister of Industry
with the theme “Opportunities and Challenges of
Industry & the Business World in the New Normal
Period”
20 19 July 2020 ICSA Invitation to the ICSA Webinar with the theme RISK
MANAGEMENT for CORPORATE SECRETARY
21 4 August 2020 BEI dan Global Reporting Initiative Preparing Stekaholder Engagement & Suistanibility
28 16 October 2020 BTPN (CorpCom) “Sharing Session #2: Kisah Melawan COVID-19”
29 16 October 2020 Learning & Development Department, Asia [Webinar] Lead and Motivate Virtual Teams on 20 Oct
Sumitomo Mitsui Banking Corporation (For managers with direct reports)
30 19 October 2020 Learning & Development Department, Asia Rethinking Your Way To Success
Sumitomo Mitsui Banking Corporation
34 26 October 2020 Learning & Development Department, Asia [Webinar] Practicing Mindfulness
Sumitomo Mitsui Banking Corporation
37 10 December 2020 CRECO Consultant Group Leadership Series : COVID-19 Opportunities for
MSMEs and Digitization of Financial Services
39 11 December 2020 BEI Invitation for Hearings in the context of Rule Making
Rules for the Concept of Exchange Rules
Good Corporate Governance
BPTN internal e-learning that was followed during 2020 For example, information technology development and
digitalization may be of potential compliance risk for the
Bank.
No Agenda
Organizational Structure
COMPLIANCE FUNCTION For the implementation of Compliance Function to
The Banking industry is an industry that obligated to effectively run, the Bank has a Director responsible for
320 apply highly regulated in compliance implementation Compliance Function of which its duties are assisted
if compared with other industries. The level of strict by the Compliance Work Unit further referred to as the
compliance correlates with public missions and independent “Compliance Division”, in line with OJK’s
2020 Annual Report PT Bank BTPN Tbk
Compliance &
Legal Director
Compliance Head
Legal Basis
In performing its compliance function, the Bank relies, as guidelines, on prevailing laws, OJK Regulation No. 46/
POJK.03/2017 on Compliance Function Implementation of Commercial Banks:
• Development in information technology, globalization, and integration of the financial markets will generate
increasing complexity of the Bank’s business activities that will cause great impact on the risk exposure faced by
the Bank, for that reason efforts to mitigate risks of the bank’s business activities are necessary, both preventive
(ex-ante) efforts as well as currative (ex-post) efforts;
• Preventive (ex-ante) efforts may be undertaken by complying with applicable banking principles in order to reduce
or minimized the risks of the bank’s business activities.
• In manifesting the objectives to achieve, and 4. Ensure that all policies, provisions, systems and
this require increasing role and responsibility of procedures, as well as the Bank’s business activities
compliance at each level of the organization as well are in line with the provisions setforth by the
as at the Bank’s Compliance Work Unit so that risk Financial Services Authority and prevailing laws and
potentials of the bank’s business activities may be regulations;
anticipated at an early stage. 5. Minimize the Bank’s Compliance Risks;
6. Take preventive actions so that policies and/or
Function, Duties and Responsibilities decisions taken by the Bank’s Board of Directors
Function, Duties and Responsibilities of the Compliance or the overseas branch offices’ management do
Department are formulated in line with the policies not deviate from the provisions setforth by the
issued by regulator, among others are as follows: Financial Services Authority and prevailing laws and
A. Compliance Function regulations;
The functions performed by the Bank refer to the
directives provided by regulator in accordance Duties & Responsibilities of the Compliance Unit:
with POJK No. 46/POJK.03/2017 on Compliance 1. Take steps to support the establishment of
Function Implementation of Commercial Banks, Compliance Culture throughout the Bank’s business
which include the following: activities at all levels of the organization;
1. Actualize the implementation of Compliance 2. Identify, measure, monitor and control Compliance
Culture at all levels of the Bank’s organization Risk by referring to OJK regulation on the
and business activities. Implementaion of Risk Management of Commercial
2. Manage Compliance Risk faced by the Bank. Banks;
3. Ensure that policies, provisions, systems, 3. Assess and evaluate the effectiveness,
321
and procedures, as well as business activities appropriateness and suitability of policies,
carried out by the Bank, are in accordance with provisions, systems as well as procedures existing
Related to this matter, the Board of Directors always 4. Advisory function related to the implementation
conduct monitoring of the Compliance Function of prevailing regulations in every product and/
execution, among others through the following or activity issuance as well as policy; new ones,
mechanisms: those in development and annual reviews through
• Report of the implementation of duties and coordination meetings, electronic media and others.
responsibilities of the Compliance Unit to the 5. Self-assessment of compliance risks as part
Compliance Director (monthly). of drafting the Bank Risk Profile conducted in
• Report of the implementation of duties and every quarter within the Bank’s Compliance Risk
responsibilities of the Compliance Director to the management.
President Director with copies to the Board of 6. Preparation of the Compliance Self Assessment
Commissioners (quarterly) (CSA) used as tools to measure and ensure the
• Report of monitoring result on compliance risks to implementation of compliance by work units to OJK
the Board of Director (BOD) on BOD meeting and and BI regulations as well as to prevailing laws and
to the Board of Commissioners (BOC) on the BOD regulatios and regulations of SMBC as the majority
and BOC meeting forums as well as to the Audit shareholder and the Bank’s Controlling Shareholder
Committee (periodically). which is also a global SIB Bank.
The CSA also includes the Compliance Self
In addition, the Board of Directors has approved the Review of the work unit on the implementation of
Compliance Policies and Procedures as the basic compliance with OJK, BI, SMBC as well as the
infrastructure for the implementation of the Compliance prevailing laws and regulations.
Function governance to be applied as guidelines for the 7. Implementation of Compliance On-Site Review
322 implementation of the Bank’s Compliance Function. (Branch Review) conducted by AML Compliance
Champion at the Bank’s branch office to ensure
In compliance with POJK No. 46/POJK.03/2017 on the compliance to OJK, BI and SMBC regulations is
2020 Annual Report PT Bank BTPN Tbk
Implementation of Compliance Function of Commercial implemented at the branch office. At the same
Banks, the Board of Commissioners has conducted time as the implementation of Branch Review,
assessment of the compliance function implementation socialization of OJK and SMBC regulations in
at least 2 (two) times in a year (biannually). order to improve branch office employees of the
concerned regulations.
Focus in 2020 8. Monitoring of the Compliance Function
Throughout the year 2020, the Compliance Function implementation and governance of the subsidiaries,
has several focus that took the attention of the Bank in namely BTPN Syariah in line with OJK’s
executing its business activities. All of the focus have provisions related to the Integrated Governance
been executed during the fiscal year, including the Implementation For Financial Conglomerates,
following: including the shariah banking governance synergy.
1. Review all main policies and the Bank’s operational 9. Conduct training programs for all employees to
policies, including compliance policies as the strengthen Compliance Culture at all levels of the
basic infrastructure serving as guidelines for the Bank’s organization and business activities, held
implementation of the Bank’s Compliance Function. through e-learning.
2. Conduct compliance test against draft of policies, 10. Improvement of quality and competency of the
product program, corporate actions as well as human resources in the Compliance & Legal
transactions which are required to be approved Directorate in the effort to accomplish the Bank’s
by the Credit Committee in order to ensure compliance to provisions and prevailing laws and
appropriateness with prevailing regulations. regulations, among others through training and other
3. Socialization of new OJK and BI regulations to the programs.
Board of Directors, the Board of Commissioners,
related units and employees of branch offices
through email, meetings as well as the Bank’s other
internal media, including diseminating regulations to
related units in order to set follow-up actions of the
regulations. In addition, re-socialization of already
existing regulations, especially those with significant
impact on the Bank.
Compliance Implementation Strategy Aside from the above, socialization on OJK, BI
The Bank has established the strategy to generate and SMBC regulations is also carried out by AML
continuous compliance within the environment of the Compliance Champion at branch offices with the
Bank’s organization. Details of the strategy is explained objective to improve comprehension of the branch
below: office employees.
1. Socialization of new regulations from OJK and BI to
the Board of Directors, the Board of Commissioners, Compliance Initiatives in 2020
related units, and employees of branch offices, Throughout the year 2020, the Bank has actualized a
including re-socialization of existing regulations that number of initiatives related to compliance with details
have great impact on the Bank. described below:
2. Implementation of compliance test on draft of 1. Preparation of the Compliance Self Assessment
policies, program products, corporate actions as (CSA) to measure and ensure the implementation
well as transactions that require the approval of of compliance by work units with OJK and BI
the Credit Committee, including periodic review on regulations as well as with prevailing laws and
policies and program products. regulations and SMBC regulations.
3. The consultative (advisory) function related to 2. Implementation of Compliance Self Review to
the application of prevailing regulations through ensure their comprehension of Compliance Risks.
providing recommendations/ responses in every 3. Implementation of Compliance On-Site Review
product and/or activity issuance as well as policy; (Branch Review) by AML Compliance Champion
newly issued, in development and annually to ensure compliance to OJK, BI as well as SMBC
reviewed. regulations is implemented at the branch office.
4. Preparation of the Compliance Self Assessment 4. Conducting training to strengthen Compliance
323
(CSA), including continuous review and Culture at all levels of the organization and business
improvement of CSA working papers in line with the activities of the Bank for all employees which were
4. As part of the move to enhance Compliance Culture 12. Conduct training programs related to Refreshment
to employees, specifically employees in branch Compliance Awareness including Compliance
offices, socialization of OJK and BI as well as SMBC Declaration, anti-bribery and corruption as well as
regulations simultaneously with Branch Reviews Entertainment & Gift to all employees in order to
are carried out with the objective to improve the strengthen compliance culture at all levels of the
employees’ comprehension of the said regulations. Bank’s organization and business activities through
5. Preparation of the Compliance Self Assessment e-learning and the Bank’s other internal media. In
(CSA), used as a tool to measure and ensure that addition, training programs related to OJK and/or BI
compliance implementation in work units of OJK regulations with impact on the Bank’s products and
and BI provisions as well as prevailing laws and services are also carried out in related units.
regulations and risk consolidation with SMBC as 13. Improvement of the quality and competency
the majority shareholder as well as the controlling of the human resources of the Compliance &
shareholder of the Bank which is also a global SIB Legal Directorate in the effort to fulfill the Bank’s
Bank. compliance with the provisions as well as prevailing
6. Implementation of Compliance Self Review as one laws and regulations, such as through training and
of the steps to improve Compliance Culture of all refreshment programs.
employees on the impelementation of OJK and BI
provisions as well as provisions of prevailing laws
and regulations and SMBC, including a survey to INTERNAL FRAUD
be conducted on all employees to ensure their
comprehension of Compliance Risks. Basis of Internal Fraud Prevention
324 7. Implementation of Compliance On-Site Review Internal Fraud is fraud conducted by members of
(Branch Review) to ensure compliance to provisions the Board of Directors, the Board of Commissioners,
of the OJK, BI as well as SMBC to be conducted by permanent employees, temporary (honorary) employees
2020 Annual Report PT Bank BTPN Tbk
AML Compliance Champion at the Bank’s branch and/or outsourced workforce with a value of more
offices that will collaborete with the branch offices than Rp100 million. This is in line with Article 64 of
and related business units within the branch office. the Financial Services Authority Regulation No. 55/
8. Ensure the implementation of GCG, including anti- POJK/.03/2016 regarding Governance Implementation
bribery and corruption as well as conflict of interest of Commercial Banks and Chapter IX number 5 of the
in all of the Bank’s processes, among others, in the Financial Services Authority Circular Letter No. 13/
process of vendor appointment for the supply of SEOJK.03/2017 on Governance Implementation in
goods and services, entertainment for third party to Commercial Banks.
make sure it complies with the provisions of OJK,
specifically which relates to outsourcing as well as Implementation of Anti-Fraud Strategy
SMBC provisions. Bank BTPN is fully committed to continuously furnish
9. Conduct monitoring and control, such as and improve the implementation of the Bank’s internal
through self assessment by related units on the control thoroughly and sustainably with the aims to
implementation of the Bank’s internal provisions prevent, detect, investigate, report and evaluate fraud in
concerning Entertainment & Gift. line with the Anti-Fraud Strategic Policy of Bank BTPN.
10. Ensure the implementation of the Compliance
Function and governance at the subsidiary, namely Improvement of Bank BTPN’s implementation of Anti-
BTPN Syariah has sufficiently conducted in line with Fraud Strategy is conducted, among others, by means
OJK provisions regarding the Integrated Governance of the following:
Implementation For Financial Conglomerates, 1. Continuous alignment among the various business
including the shariah banking governance synergy. units and work units as well as consistent
11. Improvement of the compliance process, application of zero tolerance in the implementation
among others, through the strengthening of the of Anti-Fraud Strategy.
infrastructure supporting the Compliance Function 2. Continuous efforts to promote Anti-Fraud awareness
implementation in the form of a monitoring system and Whistleblowing Channel through in-class
on follow-ups of regulations of the OJK and/or BI, training, online training and e learning for permanent
fulfillment of monitoring results by the Regulator and permanent employee and new employees, and
others. also done through Anti-Fraud campaigns as well as
Whistleblowing Channel socialization through the
Bank’s internal media, e-news letters, emails blast,
and desktop wallpapers that contain information
regarding fraud and channels to report potential fraudulent activities. It is expected that the awareness about the
Bank’s anti-fraud culture will continue to increase.
3. Anti-Fraud Declaration through e-learning as a commitment and awareness-building to avoid action of fraud, to
always obey applicable rules, and to be disciplined when carrying out the different stages of the work processes
in order to prevent Bank BTPN’s loss.
Resolved - 1 2 -
Not finalized - - - -
• Process the facilitation training for “AML • Complete the UAT process related to result
Compliance Champion” for Regional Central of review parameter and threshold in order
Java, East Java, Sumatera 1, Jakarta and East to improve the “reliability” of the customer
Indonesia. transaction monitoring system in detecting
• Update the SOP for Jenius and BTPN Wow! to suspicious financial transactions;
add monitoring procedures on agents. • Process data mapping and system development
• Conduct periodic refreshment training for Jenius for the purpose of AML & CFT automation
and Wow! agents. process, related to the new reporting system of
• Collect data from related departments to fulfill Go-AML, to minimize error caused by human
the need to disseminate the 2020 Bank Wide error.
Risk Assessment. 7. Improve compliance culture on the Bank’s internal
• Conduct KYC Self Review by a new sampling provisions and policies related to AML & CFT
methodology as adjusted to the post-merger program implementation, among others through the
conditions. following:
• Implement the change in the rules for periodic • Continue with the completion of the plans set
review/customer data update cycle. in “AML Action Plan” to follow-up on the gaps
• Implement training and JASF Screening related found in the implementation of the APU & PPT
application. Policy prior to the business merger with the AML
• Establish procedures for update and watch-list & CFT Policy prevailing in subsidiaries of SMBC
maintenance. group; as well as to improve the implementation
2. Evaluation on the implementation of the AML & CFT of AML & CFT at the Bank;
326 policy with risk development faced by the Bank • Continuous evaluation on the implementation
has been done through the implementation of the of the AML & CFT Policy and development of
AML & CFT Risk Review in order to mitigate AML & AML & CFT risks they are faced with, through
2020 Annual Report PT Bank BTPN Tbk
CFT risks on new Products/Services as well as on applying periodical AML & CFT risk review, as
existing ones in the Bank; well as risk reviews that can mitigate AML & CFT
3. Adjustment in the AML & CFT provisions with the risks on products/services of the Bank;
regulator’s new regulations including by means • Continue with improvement of the existing AML
of accommodating the new policy from the & CFT Program especially for the following:
shareholders applicable to subsidiaries of SMBC; - Adjust to the development of AML & CFT
4. Conduct AML & CFT training programs for new and provisions;
existing employees, as well as providing training - Adjust to AML & CFTrisks related to the
with AML & CFT materials and AML & CFT related development of products/services of the
thematics for the Branch offices and employees Bank, and cases/issues related to AML &
responsible for implementing the AML & CFT CFT that occurred at the Bank;
program; - Accommodate applicable shareholders’
5. Conduct training programs by inviting guest policy for subsidiaries of SMBC;
speakers to begin reviews related to AML Trade - Ensure training programs are held for
Base Screening Process; employees responsible for implementing
6. Implement optimization of system function AML & CFT program;
supporting AML & CFT, including the following: - Refine risk assessment methodology;
• Conduct the process of User Acceptance Test - Improve the quality of KYC related to digital
(UAT) front channel and integration testing for banking customer acceptance process and
the integration of AML system with the front-end customers’ data update process (Jenius and
application to support the customer screening WOW!) as the main focus.
process and determine the customer risk profile; • Continue optimizing the system function
• Develop the system related to data update supporting AML & CFT, especially with the
watch list/sanction list so that data update following:
processing may be carried out at the soonest - Finalize the AML system integration process
possible; with front-end application to support
customer screening and customer risk profile
processes, by taking into account the core
banking integration;
- Complete the system development process PROVISION OF FUNDS FOR SOCIAL AND
related to data update watch list/sanction list POLITICAL ACTIVITIES
to ensure data update process to be carried Bank BTPN is not involved in political activities and
out at the soonest possible; does not extend donations for political interests. On the
- Conduct evaluation related to the parameter other hand, through acts of social responsibility, BTPN
and threshold of customers’ transactions continue to maintain its business performance.
monitoring system as to detect suspicious
financial transactions In this respect, Bank BTPN places its social
- Stabilization of the customers’ transaction responsibility programs as a significant and integral
monitoring system; part of the Bank’s business activities. A more detailed
explanation on this matter is presented in the section
Finalize the automation process related to AML & “Corporate Social Responsibility” in the Annual Report
CFT, related to the new Go-AML reporting system, to and Sustainability Report.
minimize error caused by human error.
TRANSPARENCY OF THE BANK’S
DISCLOSURE OF TRANSACTIONS FINANCIAL AND NON-FINANCIAL
CONTAINING CONFLICT OF INTERESTS CONDITIONS
Explanation on this matter is presented in the MDNA Referring to OJK Regulation No. 55/POJK.03/2016
Financial Review contained in this Annual Report. on the Governance Implementation for Commercial
Banks, Bank BTPN has fulfilled the obligation related
DISCLOSURE OF AFFILIATED to financial and non-financial transparency, disclosed
TRANSACTIONS through various media channels, from the Bank’s 327
Explanation on this matter is presented in the MDNA website to direct communication with regulator and
Financial Review contained in this Annual Report. other interested parties.
Annual Report to regulator, rating institution, shareholders, and other related parties Website
Information on the Bank’s Products and Services as well as office network Website
Other information related to disclosure of information Website and other information channel
During the year 2020, Bank BTPN did not conduct any share and bond buybacks.
Funds provided to Related Parties are carried out in accordance with prevailing provisions and must receive the
approval of the Board of Commissioners. Below is list of Funds Provided to Related Parties and Large Exposures as
of 31 December 2020.
a. Individual 2 6,383,442,37
b. Group 23 51,226,908,12
EXTERNAL AUDIT
In preparing the audited financial reports for the year 2020, BTPN appointed the Public Accountant and Public
Accounting Office (KAP) registered at Bank Indonesia and Bapepam-LK, namely KAP Siddharta Widjaja & Rekan. The
appointment of the Public Accountant and KAP was approved by the Annual GMS on 23 April 2020 based on the
recommendation of the Audit Committee through the Board of Commissioners.
KAP Siddharta Widjaja & Rekan was appointed as the external auditor since fiscal year 2019. Total amount of fee for
328 the audited Consolidated Financial Statements of fiscal year 2020 was set at Rp8,5 billion before tax PPN 10%.
The Public Accountant and KAP has completed their task independently in accordance with the professional standard
2020 Annual Report PT Bank BTPN Tbk
guidelines of public accountants as well as with the audit task and scope of work requirements as stipulated.
Following is list of KAPs that have audited BTPN’s Financial Statements in the past 5 (five) years:
Services
Audited Fiscal Year Public Accounting Office Accountant in Charge Fees (Rp Million)
Rendered
2020 KAP Siddharta Widjaja & Rekan Liana Lim S.E., CPA Audit of Financial 8,500
Statements
2019 KAP Siddharta Widjaja & Rekan Liana Lim S.E., CPA Audit of Financial 7,300
Statements
2018 Tanudiredja, Wibisana, Rintis & Jinny Pangestu Audit of Financial 5,755
Rekan Statements
2017 Tanudiredja, Wibisana, Rintis & Angelique Dewi Daryanto, Audit of Financial 5,555
Rekan S.E., CPA Statements
2016 Tanudiredja, Wibisana, Rintis & Angelique Dewi Daryanto, Audit of Financial 5,050
Rekan S.E., CPA Statements
The Internal Audit carries the vision to become management strategic partner to support the Bank’s growth in order to
reach the organization set goals. In performing its duties, the Internal Audit has two functions.
The first is the assurance function. Related to this function, the Internal Audit evaluates the governance process,
risk management and the effectiveness of internal control on all aspects of the Bank’s activities through risk-based
approach.
The second, consultative function, is through which the Internal Audit provides input on internal control to other
directorates, such as providing recommendations or suggestions for improvement in various audits conducted, input
on policy and procedure drafts, input on Bank’s key initiatives and other matters.
Organization and Position of the Internal Audit within the Company’s Structure.
The Internal Audit is an independent directorate directly responsible to the President Director and functionally to the
Board of Commissioners through the Audit Committee. The Directorate has 6 (six) divisions.
Good Corporate Governance
President Audit
Director Committee
Head of
Internal Audit
• Wholesale and Commercial Banking Audit Division • Audit Methodology, Quality Assurance and
Responsible for audits of all business activities of Development Division
Wholesale and Commercial, including Treasury Responsible for Annual Audit Plan preparation, audit
activity as well as Cash Management and Trade methodology development, review on the conformity
Finance service of Internal Audit activities with prevailing standards,
• IT, Digital Banking and Data Analytics Audit Division as well as improve the competency of Internal Audit
Responsible for audits of Information Technology staffs through mapping of effective training.
and Digital Banking directorate (Jenius and BTPN
Wow!), as well as support other audit divisions Duties and Responsibilities
regarding audits of other directorates which utilize The Internal Audit reports each result of audit
technology. Data Analytics is responsible for implementation, including recommendations for
continuous audit/off-site monitoring and support improvement to the President Director, Audit Committee
other audit assignments through data provision and the Board of Commissioners with copies to
• Operations Audit Division the Director of Compliance and Risk Management.
Responsible for audits of Operations directorate Periodically, the Internal Audit presents it audit result to
both in Head Office or branch offices the Board of Directors and Audit Committee, as well as
• Retail Lending and Business Banking Audit Division provide summary of the audit results to the President
Responsible for audits of credit activities in Retail Director, Board of Directors and the Audit Committee.
Lending business, Micro Business Partner (MUR),
Small Medium Enterprises (SME) and Consumer Each year, the Internal Audit establishes its Annual
Finance Business Audit Plans based on risks of the Bank’s related main
• Funding and Corporate Functions Audit Division activities. Audit Plans are discussed also with the
Responsible for audits of Retail Funding directorates related Director and SMBC Internal Audit Department in
as well as support directorates to the Head Office, relation with audit collaboration plan so that in line with
such as Finance, Compliance, Risk Management, the direction of the overall business development and
Human Capital, and others obtain the approval of the President Director, the Audit
Committee and the Board of Commissioners.
Details of the duties and responsibilities of the Internal Internal Audit Charter
Audit are as follows: Duties, responsibilities, and authority of the Internal
1. Prepare the annual audit plan and obtain approval Audit in conducting audits as well as the code of ethics
from the President Director, the Audit Committee, of each of the employee are stipulated in the Internal
and the Board of Commissioners. Audit Charter approved by the Audit Committee and the
2. Communicate to President Director and Audit Board of Commissioners. On periodic basis, the Internal
Committee for any potential resource limitation that Audit has reviewed and aligned its charter, policies and
could affect the Annual Audit Plan. procedure with the prevailing regulation and standard.
3. Review and update the Annual Audit Plan if there is
significant changes in business, risk, operational, Implementation of Internal Audit activities and Charter
program, system, and internal control. This changes refer to Financial Service Authority Regulation No. 1/
should be re-approved by the President Director, POJK.03/2019 regarding the Implementation of the
Audit Committee, and Board of Commissioners. Internal Audit Function in Commercial Banks, the
4. Implement the approved annual audit plan by International Practices Professional Framework (IPPF),
analyzing and evaluating the effectiveness of the the Internal Audit Charter and the Annual Audit Plan.
Bank’s Governance, Risk Management, and Internal
Control (GRC) to support the Bank’s goals and Basis of Implementation of Internal Audit
objectives. has the standard and methodology to conduct
5. Conduct consultative audit/ review of the Bank’s internal audit, as denoted in the 2020 Internal Audit
new initiatives/products whenever required by the Policy. In general, the Internal Audit policy covers the
management or the Regulator. general policy, examination policy, documentation
6. Identify all possible alternatives to improve and and administration policy, as well as resources policy.
331
increase the efficiency of resource utilization. The policy refers to prevailing laws and regulations as
7. Deliver regular audit reports containing the well as best practices of the industry, among others
HUMAN RESOURCES
The Internal Audit continually strengthens its team’s capabilities by conducting employee training, both in soft skills
and technical skills, as well as certification for risk management, audit, IT, sharing sessions and other aspects. During
the year 2020, Internal Audit also performed recruitment process to reinforce the audit team with employees who are
experienced in their fields, and prioritize on candidates with knowledge in information technology.
Internal Audit is also committed to continuously take efforts to improve quality through comprehensive audits with
competent human resources. Such activities are carried out with audit professional standards that provide added
values to the Bank.
By the end of fiscal year 2020, the number of Internal Audit human resources totaled 56 employees.
Total 56
Head of Internal Audit Sertifikasi Manajemen Risiko (SMR) Level 4, Professional Certification related to Internal
Audit
Audit Division Head Sertifikasi Manajemen Risiko (SMR) Level 3, Professional Certification related to Internal
Audit
PROFESSIONAL CERTIFICATION
The Internal Audit Department takes efforts to conduct implementation of sound and safe operational activities.
development programs to continuously improve the Implementation of a reliable and effective internal
competency and upgrade the knowledge and skills control system is the responsibility of all parties involved
of the human resources in order to maintain the in Bank’s organization, including the following:
professionalism quality and follow through up-to- 1. Board of Commissioners
date developments. Development programs are held 2. Audit Committee
internally and externally, including the following: 3. Board of Directors
• Training/Seminar 4. Compliance Work Unit
• Observation 5. Risk Management Work Unit
• Duty Rotation 6. Finance Work Unit
• Sharing/Presentation 7. Internal Audit Work Unit (SKAI)
8. Officers and Employees of the Bank
In addition, each individual in the Internal Audit 9. External Party
organization also has the opportunity to develop
individual professional career. The policy on
such career development takes consideration the
competency of each individual, both technical as well as
non-technical, such as in leadership or other softskills.
35 Online Class (soft skills & January – December 2020 Internal & External
technical skills)
In addition, the Board of Directors and the Board of 3. Control Activities and Segregation of Duties
Commissioners are also responsible for enhancing the Control activities must involve all Bank employees,
effectiveness of risk culture and discipline in the Bank’s including the Board of Directors and the Board of
organization and ensure that this is present at all levels Commissioners. Control activities can be effective if
of the organization. they are planned and implemented appropriately in
controlling identified risks. Control activities include
Internal control system applied by the Bank refers to the establishment of control policies and procedures
OJK Circular Letter (SEOJK) No. 35/SEOJK.03/2017 and an early verification process to ensure
on Internal Control System Standard Guidelines for consistent compliance with the Bank’s policies
Commercial Banks. and procedures. These activities are inseparable
from each function or activity of the Bank. Control
Compliance with COSO (Internal Control activities are applied at all functional levels of the
Framework) Bank in accordance with the Bank’s organizational
The Bank’s internal control system consists of 5 (five) structure.
main components that are interrelated, namely as
follows: The segregation of functions is established to ensure
1. Management Oversight and Control Culture that every person at all levels of the organization
Management’s supervision is the main foundation of does not have the opportunity to make and/or
the internal control system. The Board of Directors hide mistakes or irregularities in carrying out their
and the Board of Commissioners are actively roles and responsibilities. The Bank must comply
responsible to ensure that set strategies, policies with the principle of the segregation of functions,
and procedures, as well as the organizational known as the “Four-Eyes Principle.” An effective
335
structure, are adequate to identify, measure, internal control system requires segregation of
monitor, and control the risks faced by the Bank. functions, and avoids the granting of authority and
The five main components of the Bank’s internal With this guidelines, the Bank improves evaluation of
control system are in line with the control components audit results which covers: evaluation of the adequacy
stipulated in the Internal Control Integrated Framework and effectiveness of the design and implementation of
developed by The Committee of Sponsoring internal control based on internal control framework
Organizations of The Treadway Commission (COSO), approach.
namely Control Environment (CE); Risk Assessment
(RA); Control Activities (CA); Information and LITIGATION FACED BY THE COMPANY,
Communication (IC); and Monitoring Activities (MA). SUBSIDIARIES, MEMBERS OF THE BOARD
OF COMMISSIONERS AND MEMBERS OF
Review on the Implementation of the Internal THE BOARD OF DIRECTORS
Control System During 2020, there is no litigation faced by the
The Bank has the periodical review mechanism of the Company, Subsidiaries, members Of The Board
internal control system implementation. Such activity is Of Commissioners and members Of The Board Of
performed by the Internal Audit who conducts analysis Directors
and assessment in the financial area, accounting,
operational and other activities through direct and ADMINISTRATIVE SANCTIONS
indirect examination. • BTPN : Rp 108,167,246,-
• BTPNS : Rp 38,650,000,-
Together with the Audit Committee, the Internal Audit • BOC & BOD : none
proactively work together and communicate with the
External Auditor to generate comprehensive analysis ACCESS TO CORPORATE INFORMATION
336 and assessment in the financial and accounting fields. AND DATA
In general, the implementation of the internal control Bank BTPN has provided stakeholders with access and
system refers to OJK Circular Letter (SEOJK) No. 35/ convenience to information on the Bank through various
2020 Annual Report PT Bank BTPN Tbk
SEOJK.03/2017 regarding Internal Control System media of communication. Among others are as follows:
Standard Guidelines for Commercial Banks.
CODE OF CONDUCT
The Code of Conduct functions as the Bank’s basic guideline to appropriate behavior for members of the Board
of Commissioners, the Board of Directors, Independent Parties and employees. The Code of Conduct is reviewed
periodically, and the latest amendment was approved by the Board of Directors on 30 September 2020 through
Memorandum No. M/2020/EMEMO/SEP/03383
The moral principles underlined within the Code of obey and implement as the Code of Ethics stipulates
Conduct are the main elements of BTPN’s culture as appropriately possible. If proven in violation of the
which, among others, contain the following: Code of Ethics, then the offender shall be sanctioned in
accordance with prevailing regulations at Bank BTPN.
Speak Your Mind
This is an access for employees to report and convey Socialization and Dissemination of the Code of
their aspirations that is safe and guaranteed of Conduct
confidentiality, so that employees may raise issues or Socialization of the Code of Ethics is carried out
problems related to misconduct and/or occurrences of through E-mail Blast and refreshment session through
fraud, aspirations and/or ideas for improvement. the E-Learning system, applicable to all levels of Bank
BTPN’s organization, both new recruits or existing
Principles of the Code of Conduct employees
The following are details of the principles of the code of
conduct applicable at Bank BTPN: GOVERNANCE ON THE PROCUREMENT OF
GOODS AND SERVICES
1. Compliance & Risk Management The Bank has the policy on the Procurement of
2. Conflict of Interest Goods and Services, among others, that regulates the
3. Creating a Favorable Work Environment duties and responsibilities of the Goods and Services
3.1 Fair Treatment of All Employees Procurement Committee, as well as regulates the
3.2 Anti-Discrimination and Harassment requirements and management of vendors.
3.3 Safety at Work Place
3.4 Use of Company Facilities This policy is in form of ‘SOP (Standard Operating 337
3.5 Activities Outside the Company Procedure) for Procuring Goods and/or Services’. It
3.6 Use of Social Media consist procuring process through tender/bidding and
Mechanism of Reporting
The mechanism to Convey and Manage the Whistleblowing Channel is as follows:
Start Finish
Reporting/
Quarter
(RM) Director
Whistleblower
Report *
338
Anti-Fraud Management (AFM)
No
No
Fraud Cases ?
Yes No
Involve No
BoD/BoM/BoC or Confirmed as
Investigation
related to Financial Fraud ?
Statements?
Yes **
Yes Received Report
Status
Audit Committee
Fraud Committee
Meeting and AFM
* Report include summary of statistic information on over all whistleblowing report/incoming cases and follow up that has conducted by AFM
** Follow Up refer to Investigation Guideline
Protection for Whistleblowers
The bank provides protection for whistleblowers,
namely by keeping their identity and the report content
confidential.
Complaint Management
The management of the Whistleblowing channel is
conducted by an internal party,
namely the Anti-Fraud Management.
339
BTPN encourages employees to voice their aspirations,
ideas, as well as any issues relating to misconduct or
342
2020 Annual Report PT Bank BTPN Tbk
Implementation of Corporate
Social Responsibility
PT Bank BTPN Tbk (“BTPN”, “Bank”) implements its on materials that are related to healthy lifestyle in
Corporate Social Responsibility (CSR) as an effort to the new normal era. In addition, other materials also
bring about meaningful change in the lives of millions touched on ways of managing finance and maintaining
of people, more specifically its customers and the business during the pandemic.
communities of Indonesia. For this purpose, CSR
activities for the Bank are not merely fulfilling obligation Aside from the focus on online trainings and seminars,
but also a moral responsibility to stakeholders. BTPN also continually take efforts to assist customers
and the communities with feeding information around
In the year 2020 with the COVID-19 pandemic, BTPN the topics of health, finance, entrepreneurship.
adapted the focus of its empowerment activities’ with Certaianly also on matters concerning environmental
Daya work unit. Empowerment activities come in the preservation through the digital platform www.daya.id.
form of trainings and seminars which initially carried out
through face-to-face, however since the end of the first BTPN also feels the calling on trying to help lighten the
quarter of the concerned fiscal year it has been adjusted burden of the community in the midst of the ongoing
into online trainings and seminars. COVID-19 pandemic. This is done, among others,
through disbursement of donation to those in need,
Delivering the materials through online information from medical workforce as the front-liner in facing the
media and seminars, for example, BTPN put attention pandemic, to children in remote areas in need of strong
internet access signal so that they can continue with
their online study.
343
METHOD AND SCOPE OF DUE DILIGENCE For financial literacy, the 2019 survey used indicators
ON THE SOCIAL, ECONOMIC AND consisting of such parameters as knowledge, skill,
ENVIRONMENTAL IMPACT OF THE BANK’S belief, attitude and behavior. While financial inclusion
ACTIVITIES index is based on usage parameter on the financial
BTPN endlessly carries out studies of the social, instrument and institution.
economic and environmental impact of its business
activities, as part of the efforts to provide added value Although the percentage of the public that understand
for all stakeholders. In conducting the impact analysis and has access to financial services continue to rise on
of the Bank’s business activities, the process is done a yearly basis, however, such effort shall not stop here.
internally with feedback from external parties, both For that reason, for BTPN, two issues remain important:
directly and indirectly impacted. financial literacy and inclusion.
These external parties are diverse. From the feedback In addition, such other issues as the occurrence of
received through the contact center, customer fraud or crime are also highly important in the financial
satisfaction survey, discussions with customers and industry. The impact of fraud is not only on the Bank’s
employees, as well as from such other parties as internal condition, but it may cause implications on the
investors, the media and academics. economy in general as well as the public’s trust on the
banking industry.
These feedbacks are materials for the Bank’s
consideration. Subsequently, the action plan to actualize The COVID-19 pandemic that struck the entire
as well as the stakeholders to aim at are determined, world since the beginning of the year 2020 has also
344 in relation to the social, economic and environmental became an important issue. This event has caused
aspects. extraordinary impact on the Bank’s activities, including
the stakeholders.
2020 Annual Report PT Bank BTPN Tbk
IMPORTANT SOCIAL, ECONOMIC AND Aside from the above, BTPN also take part in supporting
ENVIRONMENTAL ISSUES RELATED TO THE and participating to achieve Sustainable Development
IMPACT OF THE BANK’S ACTIVITIES Goals (SDGs), both directly and indirectly through
In determining important issues, BTPN, among others, the implementation of corporate social responsibility
refer to results of the National Financial Literacy Survey activities and programs. This include, among others,
(SNLIK) conducted by the Financial Services Authority environmental friendly product programs, environmental
(OJK) in the year 2019. This is important, partly so that friendly operations, health, and efforts to support the
mapping of issues generated by the Bank is in line with improvement of community welfare which are part of the
the government’s programs. 17 objectives of SDGs program.
GOALS 3 Ensure healthy lives and promote well-being for all at all ages
BTPN’S STRATEGY AND WORK PROGRAMS Based on the abovementioned principle, BTPN breaks
IN DEALING WITH SOCIAL, ECONOMIC AND it down further into CSR programs which are basically
ENVIRONMENTAL ISSUES, STAKEHOLDER redistributing the value obtained by the BTPN to its
ENGAGEMENT EFFORTS AND INCREASING stakeholders. One of the programs which BTPN
VALUE FOR STAKEHOLDERS AND execute to generate added value for its stakeholders as
SHAREHOLDERS well as the community is the collaboration with several
BTPN CSR program is in line with the 3P principles universities in support of the development of the future
(People, Profit, Planet), prepared in consideration of the generation.
need and sustainability of the program. The program
is expected to support the increase in benefits for
stakeholders through the implementation of the policy
for CSR budget allocation that focuses on the principles
of propriety and fairness.
The CSR funds were intended for activities in the fields of competence development, personal financial health,
capacity to grow for business. and sustainable living.
(Rp Million)
Through the “Sahabat Daya” (”Daya’s Best Friend”) EFFICIENT PAPER USE
program, the Bank allows employees to participate BTPN encourages the use of electronic communication
in volunteer work related to the environment. From to reduce paper usage. For that reason, since the year
seminars on the environment to tree-planting activities 2018 BTPN introduced the Front End System (FES) at all
at their own homes during this pandemic time. the branch networks as a more environmental-friendly
platform by reducing paper-based processing.
Moreover, each year, BTPN performs its CSR activities
in the environmental area through a variety of forms, Moreover, BTPN has also developed two digital
including the following: platforms, BTPN Wow! and Jenius for those who utilize
mobile device technology. Both platforms can reduce
EFFICIENT ENERGY USE the need for customers to visit branch offices, so as to
To minimize energy use, Menara BTPN utilizes LED minimize paper consumption for transaction needs.
lights to reduce electricity consumption and motion
sensors to control lighting. In addition, to optimize BTPN also provide the freedom for employees to take
natural light, the Menara BTPN building is not installed part in volunteer activities related to the environment,
with window blinds, and also minimizes the use of from environment-themed seminars to tree-planting at
blocking partitions. home during this pandemic time, through the “Sahabat
Daya” program.
EFFICIENT WATER USE
To reduce water consumption and support MECHANISM ON COMPLAINTS RELATED
environmental conservation, BTPN utilizes reverse TO ENVIRONMENTAL ISSUES
350 osmosis technology to produce drinking water supply. BTPN does not provide special channel for complaint
mechanisms related to environmental issues. However
the complaint handling mechanism is integrated through
2020 Annual Report PT Bank BTPN Tbk
BTPN also prioritizes customer protection with the All products released by BTPN are assured of their
implementation of the principles of transparency, compliance with the provisions of regulator. While
confidentiality and security of customer internally, BTPN has also tested on the potential risk
data/information, as well as fast and easy handling of of each product, so that each product and service of
customers’ complaints. BTPN is safe for customers.
In providing the best services, BTPN refers to FACILITIES, NUMBER AND HANDLING OF
regulations set-forth by the Financial Service Authority CUSTOMER’S COMPLAINTS
(OJK), such as POJK No. 1/Pojk.07/2012 on Consumer In managing customer complaint, BTPN is represented
Protection in the Financial Services Sector. Another by Customer Care in Customer Experience Center 353
reference is the POJK No. 76/POJK.07/2016 regarding Division. Every complaint received by the Bank will
Increased Financial Literacy and Inclusion in the be resolved within 20 (twenty) Business Days. In the
index reached 38.03% and financial inclusion index at The impact of activities may be seen from the
76.19%. The number increased by 29.7% and 67.8% involvement of the customers and the community in
respectively if compared to survey results in 2016. the financial literacy activities conducted by BTPN. In
connection to this, the total number of participants
As a support to the government’s policy, BTPN who joined the program on increasing financial literacy
develops financial literacy and inclusion programs and inclusion especially for the fulfillment of obligation
through BTPN products, services and activities of BTPN as a Financial Service Business constituent
especially set for financial literacy and inclusion. during the year 2020 was 14,976 participants of various
circles, from customers to non-customers.
INFORMATION ON SOCIAL RISK
MANAGEMENT
Low financial literacy and inclusion of the public may
impact the lack of comprehension of safe banking
products and services. One of the forms of real impact
is the many people who have been affected by the
untrustworthy of illegal investments.
Catatan/ 31 Desember/December
Notes 2020 2019
ASET ASSETS
Giro pada Bank Indonesia 2h, 2j, 5 5,616,968) 8,987,079) Current accounts with Bank Indonesia
Efek-efek Securities
- Pihak ketiga 14,672,468) 10,568,519) Third parties -
- Pihak berelasi 2g, 37 132,188) 86,105) Related parties -
Pendapatan bunga/marjin yang masih akan
diterima 215,898) 48,233) Accrued interest/margin income
Dikurangi: Cadangan kerugian penurunan Less: Allowance for impairment 361
nilai 2i (291) (6) losses
2h, 2l, 8 15,020,263) 10,702,851)
Klaim pengembalian pajak 2ac, 13a 209,055)) 321,312)) Claims for tax refund
Aset pajak tangguhan 2ac, 13f 467,885) 144,874) Deferred tax assets
Catatan atas laporan keuangan konsolidasian terlampir merupakan The accompanying notes to the consolidated financial statements form
bagian yang tidak terpisahkan dari laporan keuangan konsolidasian an integral part of these consolidated financial statements
secara keseluruhan
1
Financial Statements 2020
Catatan/ 31 Desember/December
Notes 2020 2019
LIABILITAS LIABILITIES
Bagi hasil yang belum dibagikan 2z 18,666) 21,861) Undistributed revenue sharing
Catatan atas laporan keuangan konsolidasian terlampir merupakan The accompanying notes to the consolidated financial statements form
bagian yang tidak terpisahkan dari laporan keuangan konsolidasian an integral part of these consolidated financial statements
secara keseluruhan
2
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
Catatan/ 31 Desember/December
Notes 2020 2019
JUMLAH DANA SYIRKAH TEMPORER 2z, 26 7,923,366) 7,550,664) TOTAL TEMPORARY SYIRKAH FUNDS
Catatan atas laporan keuangan konsolidasian terlampir merupakan The accompanying notes to the consolidated financial statements form
bagian yang tidak terpisahkan dari laporan keuangan konsolidasian an integral part of these consolidated financial statements
secara keseluruhan
3
Financial Statements 2020
Catatan/ 31 Desember/December
Notes 2020 2019
EKUITAS
Modal ditempatkan dan disetor penuh Issued and fully paid-up capital
sebesar 8.148.931.869 saham of 8,148,931,869 shares
(31 Desember 2019: 8.148.928.869 (31 December 2019: 8,148,928,869
saham) 2aa, 27 162,979) 162,979) shares)
Cadangan nilai wajar - bersih 2l 101,255) 12,176) Fair value reserve - net
Catatan atas laporan keuangan konsolidasian terlampir merupakan The accompanying notes to the consolidated financial statements form
bagian yang tidak terpisahkan dari laporan keuangan konsolidasian an integral part of these consolidated financial statements
secara keseluruhan
4
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
2,562) (13,597)
LABA SEBELUM PAJAK PENGHASILAN 2,633,076) 4,018,922) PROFIT BEFORE INCOME TAX
BEBAN PAJAK PENGHASILAN 2ac, 13c (627,399) (1,026,504) INCOME TAX EXPENSE
Catatan atas laporan keuangan konsolidasian terlampir merupakan The accompanying notes to the consolidated financial statements form
bagian yang tidak terpisahkan dari laporan keuangan konsolidasian an integral part of these consolidated financial statements
secara keseluruhan
5
Financial Statements 2020
Pos-pos yang tidak akan direklasifikasi Items that will not be reclassified
ke laba rugi to profit or loss
Pengukuran kembali liabilitas imbalan kerja Remeasurements of employee benefits
karyawan 2x, 23 (89,257) (30,767) liabilities))
Pajak penghasilan terkait pos-pos yang Income tax relating to items that will not be
tidak akan direklasifikasi ke laba rugi 13f 24,400) 7,692) reclassified to profit or loss
(64,857) (23,075)
TOTAL COMPREHENSIVE
JUMLAH LABA KOMPREHENSIF TAHUN INCOME FOR THE
BERJALAN, SETELAH PAJAK 2,029,875) 2,977,822) YEAR, NET OF INCOME TAX
Catatan atas laporan keuangan konsolidasian terlampir merupakan The accompanying notes to the consolidated financial statements form
bagian yang tidak terpisahkan dari laporan keuangan konsolidasian an integral part of these consolidated financial statements
secara keseluruhan
6
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
368
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
Catatan/
Notes 2020 2019
ARUS KAS DARI AKTIVITAS OPERASI CASH FLOWS FROM OPERATING ACTIVITIES
Arus kas sebelum perubahan dalam aset Cash flows before changes in operating
operasi, liabilitas operasi dan dana syirkah assets, operating liabilities and temporary
temporer 5,858,013) 5,195,548) syirkah funds
Perubahan dalam aset operasi, liabilitas operasi, Changes in operating assets, operating liabilities,
dan dana syirkah temporer : and temporary syirkah funds :
369
(Kenaikan) penurunan aset operasi : (Increase) decrease in operating assets :
Penempatan pada Bank Indonesia dan bank Placements with Bank Indonesia and other
lain - jatuh tempo lebih dari 3 bulan (192,551) (2,280,000) banks - with maturity more than 3 months
Catatan atas laporan keuangan konsolidasian terlampir merupakan The accompanying notes to the consolidated financial statements form
bagian yang tidak terpisahkan dari laporan keuangan konsolidasian an integral part of these consolidated financial statements
secara keseluruhan
9
Financial Statements 2020
Catatan/
Notes 2020 2019
)
ARUS KAS DARI AKTIVITAS INVESTASI CASH FLOWS FROM INVESTING ACTIVITIES
Arus kas bersih (digunakan untuk) diperoleh Net cash flows (used in)
dari aktivitas investasi (3,805,233) 11,301,087) provided from investing activities
ARUS KAS DARI AKTIVITAS PENDANAAN CASH FLOWS FROM FINANCING ACTIVITIES
Arus kas bersih (digunakan untuk) diperoleh Net cash flows (used in) provided
dari aktivitas pendanaan (9,462,054) 122,307) from financing activites
KENAIKAN (PENURUNAN) BERSIH KAS DAN NET INCREASE (DECREASE) IN CASH AND
SETARA KAS 5,396,534) (547,526) CASH EQUIVALENTS
Kas dan setara kas terdiri dari: Cash and cash equivalents consist of:
Kas 4 2,433,196) 2,299,062) Cash
Giro pada Bank Indonesia 5 5,616,968) 8,987,079) Current accounts with Bank Indonesia
Giro pada bank-bank lain 6 896,071) 1,056,904) Current accounts with other banks
Penempatan pada Bank Indonesia dan bank- Placements with Bank Indonesia and
bank lain 7 14,482,317) 6,559,876) other banks
Efek-efek 8 1,799,079) 938,738) Securities
25,227,631) 19,841,659)
Catatan atas laporan keuangan konsolidasian terlampir merupakan The accompanying notes to the consolidated financial statements form
bagian yang tidak terpisahkan dari laporan keuangan konsolidasian an integral part of these consolidated financial statements
secara keseluruhan
10
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
Catatan/
Notes 2020 2019
371
Catatan atas laporan keuangan konsolidasian terlampir merupakan The accompanying notes to the consolidated financial statements form
bagian yang tidak terpisahkan dari laporan keuangan konsolidasian an integral part of these consolidated financial statements
secara keseluruhan
11
Financial Statements 2020
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
PT Bank BTPN Tbk (”BTPN” atau “Bank”) yang PT Bank BTPN Tbk (”BTPN” or the “Bank”)
berdomisili di Jakarta Selatan sebelumnya domiciled in South Jakarta formerly under the
bernama PT Bank Tabungan Pensiunan name of PT Bank Tabungan Pensiunan
Nasional berdasarkan akta notaris No. 31 Nasional based on notarial deed
tanggal 16 Februari 1985 dari Notaris Komar No. 31 dated 16 February 1985 of Notary
Andasasmita, S.H. Akta ini telah diubah dengan Komar Andasasmita, S.H. The deed was
akta notaris No. 12 tanggal 13 Juli 1985 dari amended by notarial deed No. 12 dated 13 July
Notaris Dedeh Ramdah Sukarna, S.H. 1985 of Notary Dedeh Ramdah Sukarna, S.H.
Anggaran Dasar telah disahkan oleh Menteri The Articles of Association was approved by
Kehakiman Republik Indonesia dengan surat the Minister of Justice of the Republic of
No. C2-4583HT01.01TH.85 tanggal 25 Juli Indonesia in its decision letter No. C2-
1985, dan diumumkan dalam Tambahan 4583HT01.01TH.85 dated 25 July 1985 and
No. 1148 Berita Negara Republik Indonesia published in Supplement No. 1148 to State
No. 76 tanggal 20 September 1985. Gazette No. 76 dated 20 September 1985.
Bank diberikan izin untuk melanjutkan usaha The Bank was given permission to carry on the
bank sebagai kelanjutan usaha dari bank business as a continuity from Association
Perkumpulan Bank Pegawai Pensiunan Militer of Bank Pegawai Pensiunan Militer
372 (”BAPEMIL”) yang telah beroperasi secara ("BAPEMIL") which commenced its commercial
komersial pada tanggal 16 Februari 1959. Bank operations on 16 February 1959. The Bank
memperoleh izin usaha sebagai bank umum obtained license to operate as commercial bank
berdasarkan Keputusan Menteri Keuangan based on Decree of Ministry of Finance of the
2020 Annual Report PT Bank BTPN Tbk
Bank memperoleh izin melakukan kegiatan The Bank obtained license to conduct foreign
usaha dalam valuta asing berdasarkan surat exchange activities based on Decree of
Keputusan Otoritas Jasa Keuangan (“OJK”) Otoritas Jasa Keuangan (“OJK”) No. 382/
No. 382/PB.12/2015 tanggal 22 Desember PB.12/2015 dated 22 December 2015
2015 tentang pemberian izin melakukan regarding approval in conducting foreign
kegiatan usaha dalam valuta asing. Bank mulai exchange activities. The Bank started to
melakukan kegiatan usaha sebagai bank operate as a foreign exchange bank on
devisa pada tanggal 16 Februari 2016. 16 February 2016.
Anggaran Dasar Bank telah mengalami The Bank’s Articles of Association have been
beberapa kali perubahan. Perubahan Anggaran amended several times. The complete
Dasar secara lengkap dituangkan dalam Akta amendment as specified into the Deed Number
Nomor 22 tanggal 21 Januari 2019 yang dibuat 22 dated 21 January 2019 made by Ashoya
oleh Ashoya Ratam, SH, MKn, Notaris di Kota Ratam, SH, MKn, Notary in Administrative City
Administrasi Jakarta Selatan dan telah disetujui of South Jakarta and has been approved by the
oleh Menteri Hukum dan Hak Asasi Manusia Minister of Law and Human Rights of the
Republik Indonesia melalui Surat Keputusan Republic of Indonesia through Decree Letter
Nomor AHU-0006169.AH.01.10.Tahun 2019 Number AHU-0006169.AH.01.10.Tahun 2019
tanggal 22 Januari 2019, di mana Bank resmi dated 22 January 2019, where the Bank
mengubah namanya menjadi PT Bank formally changed its name to PT Bank BTPN
BTPN Tbk. Tbk.
12
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Susunan Direksi dan Dewan Komisaris terakhir The latest composition of the Board of Directors
Bank sebagaimana dituangkan ke dalam Akta and the Board of Commissioners of the Bank as
Nomor 32 tanggal 18 November 2020 yang specified in the Deed Number 32 dated 18
dibuat oleh Ashoya Ratam, SH, MKn, Notaris di November 2020 made by Ashoya Ratam, SH,
Kota Administrasi Jakarta Selatan dan telah MKn, Notary in Administrative City of South
diterima dan dicatat di dalam Sistem Jakarta and has been received and recorded in
Administrasi Badan Hukum melalui Surat Legal Entity Administration System through
Keputusan Menteri Hukum dan Hak Asasi Decree Letter of Minister of Laws and Human
Manusia Republik Indonesia Nomor AHU- Rights of the Republic of Indonesia Number
AH.01.03-0411071 tanggal 24 November 2020 AHU-AH.01.03-0411071 dated 24 November
perihal Penerimaan Pemberitahuan Perubahan 2020 regarding Acceptance of Notification of
Data Perseroan PT Bank BTPN Tbk. the Company’s Data Changes of PT Bank
BTPN Tbk.
Sesuai dengan pasal 3 Anggaran Dasar Bank, In accordance with Article 3 of the Bank’s
maksud dan tujuan serta kegiatan Bank adalah Articles of Association, the Bank’s scope of
melakukan kegiatan usaha utama dan kegiatan activities is to engage in general banking
usaha penunjang termasuk melakukan services including capital investment in bank
penyertaan modal pada bank yang conducting business based on sharia
melaksanakan kegiatan usaha berdasarkan principles, in accordance with the prevailing
prinsip syariah, sesuai dengan undang-undang laws and regulations in Indonesia.
dan peraturan yang berlaku di Indonesia.
Pemegang saham terakhir (ultimate The ultimate shareholders of the Bank is
shareholders) dari Bank adalah Sumitomo Sumitomo Mitsui Financial Group.
Mitsui Financial Group.
13
Financial Statements 2020
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Jumlah karyawan PT Bank BTPN Tbk dan As of 31 December 2020 and 2019 PT Bank
Entitas Anak (“Bank dan Entitas Anak”) pada BTPN Tbk and Subsidiary (“Bank and
tanggal 31 Desember 2020 dan 2019, masing- Subsidiary”) had 19,370 and 19,235
masing adalah 19.370 dan 19.235 karyawan employees, respectively (unaudited).
(tidak diaudit).
374 b. Penggabungan usaha dengan PT Bank b. Merger with PT Bank Sumitomo Mitsui
Sumitomo Mitsui Indonesia Indonesia
Berdasarkan keputusan Rapat Umum Based on the resolution of Extraordinary
2020 Annual Report PT Bank BTPN Tbk
14
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
ASET ASSETS
15
Financial Statements 2020
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
LIABILITAS LIABILITIES
376
c. Perubahan Modal Karena Aksi Korporasi c. Changes in Capital Due to Corporate Action
Bank melakukan penawaran umum perdana The Bank undertook an initial public offering of
atas 267.960.220 saham dengan nilai nominal 267,960,220 shares with a nominal value of Rp
sebesar Rp 100 (nilai penuh) setiap saham 100 (full amount) per share with offering price
dengan harga penawaran setiap saham of Rp 2,850 (full amount) per share to the public
sebesar Rp 2.850 (nilai penuh) kepada in Indonesia. The shares was listed at
masyarakat di Indonesia. Saham tersebut Indonesia Stock Exchange on 12 March 2008.
dicatat di Bursa Efek Indonesia pada tanggal
12 Maret 2008.
Penambahan modal melalui Hak Memesan Increase of Capital through Pre-Emptive
Efek Terlebih Dahulu (“HMETD”) Right (“HMETD”)
Berdasarkan Rapat Umum Pemegang Saham Based on Extraordinary General Shareholders
Luar Biasa (“RUPSLB”) tanggal 25 November Meeting (“EGSM”) dated 25 November 2010,
2010, para pemegang saham menyetujui the shareholders approved the Bank’s plan to
rencana Bank untuk menambah modal increase the Bank’s share capital through the
sahamnya melalui penerbitan Hak Memesan issuance of Pre-Emptive Right I (“HMETD I”),
Efek Terlebih Dahulu I (“HMETD I”), dengan by issuing shares from the Bank’s unissued
cara mengeluarkan saham dari portepel Bank. shares.
16
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
c. Perubahan Modal Karena Aksi Korporasi c. Changes in Capital Due to Corporate Action
(lanjutan) (continued)
Penambahan modal melalui Hak Memesan Increase of Capital through Pre-Emptive
Efek Terlebih Dahulu (“HMETD”) (Lanjutan) Right (“HMETD”) (Continued)
Pada tanggal 10 Desember 2010 telah On 10 December 2010, the Bank’s shares were
dicatatkan pada Bursa Efek Indonesia listed at the Indonesia Stock Exchange
sebanyak 188.787.238 saham baru atas nama with 188,787,238 new registered shares with
dengan nominal Rp 100 (nilai penuh) per saham value of Rp 100 (full amount) per share;
sehingga jumlah saham yang ditempatkan dan accordingly, the number of shares issued and
disetor penuh yang semula sebesar fully paid changed from 943,936,190 shares to
943.936.190 saham menjadi sejumlah 1,132,723,428 shares.
1.132.723.428 saham.
Bank mendapatkan tambahan modal disetor The Bank obtained Rp 18,878 additional share
sebesar Rp 18.878 dan agio saham sebesar capital and Rp 1,293,458 additional paid-in
Rp 1.293.458. capital.
Pemecahan saham Stock split
Berdasarkan RUPSLB tanggal 25 Februari Based on EGSM dated 25 February 2011, the
2011, para pemegang saham menyetujui shareholders approved the Bank’s plan to split 377
rencana Bank untuk melakukan pemecahan share from nominal value of Rp 100 (full
nilai nominal saham dari Rp 100 (nilai penuh) amount) per share to Rp 20 (full amount) per
17
Financial Statements 2020
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Melalui surat OJK No. S-20/PB.31/2016 The Bank was approved by OJK to conduct
tanggal 18 Februari 2016, Bank telah shares buyback through its letter No. S-
memperoleh persetujuan OJK untuk melakukan 20/PB.31/2016 dated 18 February 2016. In the
pembelian kembali (buyback) saham. Dalam implementation of shares buyback by the Bank,
pelaksanaan pembelian kembali saham yang the allocated fund up to Rp 535,500 to buy up
dikeluarkan oleh Bank, jumlah alokasi dana to 150,000,000 shares or 2.57% of the Bank’s
tidak melebihi Rp 535.500 untuk membeli issued and fully paid-up capital shall be done
sebanyak-banyaknya 150.000.000 saham atau between 23 February 2016 and 23 May 2016.
2,57% dari modal ditempatkan dan disetor Up to 23 May 2016, the Bank had repurchased
penuh Bank, yang akan dilakukan dalam 95,198,900 (full amount) shares using total
periode dari tanggal 23 Februari 2016 sampai purchasing fund amounting to Rp 262,874.
dengan 23 Mei 2016. Sampai dengan tanggal
23 Mei 2016, Bank telah membeli kembali
saham Bank sebanyak 95.198.900 lembar
saham (nilai penuh) dengan total dana
378 pembelian sebesar Rp 262.874.
Tujuan dari pembelian kembali saham adalah The objective of conducting shares buyback is
untuk memberikan fleksibilitas untuk mencapai to provide flexibility to achieve an efficient
2020 Annual Report PT Bank BTPN Tbk
struktur permodalan yang efisien dan capital structure and enable the Bank to lower
memungkinkan untuk menurunkan keseluruhan the overall cost of capital, increasing the
biaya modal, meningkatkan laba per saham Earnings per Share (EPS) and Return on Equity
(EPS), serta Return on Equity (ROE) secara (ROE) on an on-going basis.
berkelanjutan.
Seperti yang dijelaskan di Catatan 28, Bank As explained in Note 28, the Bank provides
memberikan program pembayaran berbasis share-based payment program to certain
saham untuk personel manajemen dan management personnel and employees
karyawan tertentu (“Program MESOP 2015- (“MESOP 2015-2020 Program” and “ESOP
2020” dan “Program ESOP 2016-2021”). 2016-2021 Program”).
18
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Perubahan modal disetor terkait periode The changes of paid-up capital in connection to
pelaksanaan Program MESOP 2015-2020 dan exercise period of MESOP Program 2015-2020
ESOP 2016-2021 sampai dengan tanggal and ESOP Program 2016-2021 up to
31 Desember 2019 sebagaimana disebut di 31 December 2019 as mentioned in the
paragraf sebelumnya telah dituangkan ke previous paragraph had been stipulated in the
dalam Akta Pernyataan Keputusan di Luar Deed of Circular Resolutions of the Board of
Rapat Dewan Komisaris PT Bank BTPN Tbk Commissioners of PT Bank BTPN Tbk No. 29
No. 29 tanggal 12 Agustus 2019, yang dibuat dated 12 August 2019, made by Ashoya
oleh Notaris Ashoya Ratam, S.H., M.Kn., Ratam, S.H., M.Kn., Notary in Administrative 379
Notaris di Kota Administrasi Jakarta Selatan City of South Jakarta and had been received
dan telah diterima dan dicatat di dalam Sistem and recorded in Legal Entity Administration
Medium Term Notes (“MTN”) 14 Juni/June Dinyatakan efektif oleh 1,302,000 3 tahun/years 14 Juni/June 8.25%
II Bank Sumitomo Mitsui 2017 Kustodian Sentral Efek 2020
Indonesia Indonesia sebagaimana
dinyatakan dalam Sertifikat
Jumbo MTN No. SMBC-
I/02/MF3/0617/Became
effective by the Indonesia
Central Securities
Depository as stated in
Sertifikat Jumbo MTN
No. SMBC-I/02/MF3/0617
MTN tersebut diterbitkan oleh PT Bank This MTN was issued by PT Bank Sumitomo
Sumitomo Mitsui Indonesia sebelum dilakukan Mitsui Indonesia before merger with the Bank.
penggabungan usaha dengan Bank.
PT Bank Mega Tbk bertindak sebagai Wali PT Bank Mega Tbk acts as the Trustee for all
Amanat atas seluruh MTN yang diterbitkan MTN issued by the Bank.
Bank.
19
Financial Statements 2020
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Obligasi Berkelanjutan III 27 Juni/June Dinyatakan efektif oleh Seri/Series B: Seri/Series B: 1 Juli/July 8.00%
Bank BTPN Tahap I Tahun 2016 OJK, melalui suratnya 300,000 3 tahun/years 2019
2016 Dengan Tingkat Bunga No.S-325/D.04/2016/OJK
Tetap (“Obligasi tanggal 27 Juni 2016/
Berkelanjutan III Tahap I”)/ Became effective by OJK
Bank BTPN Continuing by its letter No.
Bonds III Phase I Year 2016 S-325/D.04/2016 dated
with a fixed interest rate 27 June 2016
(“Continuing Bonds III Phase
I”)
Obligasi Berkelanjutan III 27 Juni/June Dinyatakan efektif oleh Seri/ Series A: Seri/Series A: 27 Oktober/ 6.60%
380 Bank BTPN Tahap II Tahun
2017 Dengan Tingkat Bunga
2016 OJK bersamaan dengan
surat efektif Obligasi
600,000 370 hari/days October
2018
Tetap (“Obligasi Berkelanjutan III Tahap I/
Berkelanjutan III Tahap II”)/ Became effective by the
2020 Annual Report PT Bank BTPN Tbk
Bank BTPN Continuing OJK in conjuctoin with Seri/Series B: Seri/Series B: 17 Oktober/ 7.50%
Bonds III Phase II Year 2017 effective letter of 900,000 3 tahun/years October
with a fixed interest rate Continuance Bonds III 2020
(“Continuing Bonds III Phase Phase I
II”)
Seluruh utang obligasi yang diterbitkan Bank All bonds payable issued by the Bank were
dicatatkan di Bursa Efek Indonesia dan listed at the Indonesia Stock Exchange and the
dananya dipergunakan untuk pertumbuhan funds are used for business growth in form of
usaha dalam bentuk ekspansi kredit. credit expansion.
PT Bank Permata Tbk bertindak sebagai Wali PT Bank Permata Tbk acts as the Trustee for
Amanat atas Obligasi Berkelanjutan III Tahap I Continuing Bonds III Phase I and continuing
dan Obligasi Berkelanjutan III Tahap II dan Bonds III Phase II, and PT Bank Mega Tbk acts
PT Bank Mega Tbk bertindak sebagai Wali as the Trustee for Continuing Bonds IV
Amanat atas Obligasi Berkelanjutan IV Tahap I. Phase I.
20
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Susunan Komite Audit Bank pada tanggal The composition of the Audit Committee as of
31 Desember 2020 dan 2019 terdiri dari: 31 December 2020 and 2019 was as follows:
31 Desember/ 31 Desember/
December 2020 December 2019
Ketua Ninik Herlani Masli Ridhwan Ninik Herlani Masli Ridhwan Chairman
21
Financial Statements 2020
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
year of
Bidang usaha/ starting
Entitas Anak/ Domisili/ Business 31 Desember/ 31 Desember/ commercial 31 Desember/ 31 Desember/
Subsidiary Domicile activities December 2020 December 2019 operations December 2020 December 2019
Entitas Anak berkantor pusat di Menara BTPN, The head office of Subsidiary is located at
lantai 12, CBD Mega Kuningan, Jl. Dr. Ide Anak Menara BTPN 12th floor, CBD Mega Kuningan,
Agung Gde Agung Kav 5.5 - 5.6, Jakarta Jl. Dr. Ide Anak Agung Gde Agung Kav 5.5 - 5.6,
Selatan 12950. Jakarta Selatan 12950.
Pada tanggal 19 Juli 2013, Bank Indonesia On 19 July 2013, Bank Indonesia approved the
menyetujui rencana Bank untuk melakukan Bank’s plan to acquire 70% shares of PT Bank
akuisisi sebesar 70% saham PT Bank Sahabat Sahabat Purba Danarta (“BSPD”) through its
Purba Danarta (”BSPD”) melalui suratnya letter No. 15/10/DPBI/PBI-5/rahasia which is
No. 15/10/DPBI/PBI-5/Rahasia dengan syarat subject to the change of BSPD’s business
dilakukan perubahan atas kegiatan usaha dari activites from a conventional bank into a
BSPD yang semula merupakan bank commercial bank under sharia principles.
konvensional menjadi bank umum berdasarkan
prinsip syariah.
Berdasarkan Akta Notaris No. 26 dan No. 27 Based on Notarial Deed No. 26 and No. 27
tanggal 30 Januari 2014 yang dibuat di dated 30 January 2014 before Hadijah S.H.,
hadapan Hadijah S.H., M.Kn, notaris di Jakarta, M.Kn., notary in Jakarta, the Bank has acquired
Bank telah melakukan akuisisi atas Entitas the Subsidiary and has become the majority
Anak dan menjadi pemegang saham shareholder. It was acknowledged by the
mayoritas. Hal ini telah diketahui oleh Ministry of Law and Human Rights of Republic
Kementerian Hukum dan Hak Asasi Manusia Indonesia through its letter No. AHU-AH.01.10-
Republik Indonesia melalui surat No. AHU- 04338 dated 12 February 2014.
AH.01.01-04338 tertanggal 12 Februari 2014.
22
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Pada tanggal 20 Januari 2014, Rapat Umum On 20 January 2014, the Bank’s Extraordinary
Pemegang Saham Luar Biasa Bank yang General Meeting of Shareholders which was
diaktakan dengan Akta Notaris No. 8 tanggal notarised by Notarial Deed No. 8 dated 4 July
4 Juli 2014 di hadapan Hadijah, S.H., M.Kn., 2014 before Hadijah, S.H., M.Kn., notary in
notaris di Jakarta dan telah menyetujui Jakarta approved the spin-off of the sharia
pemisahan Unit Usaha Syariah PT Bank business unit of PT Bank Tabungan Pensiunan
Tabungan Pensiunan Nasional Tbk (“UUS Nasional Tbk (“UUS BTPN”) from PT Bank
BTPN”) dari PT Bank Tabungan Pensiunan Tabungan Pensiunan Nasional Tbk (“BTPN”).
Nasional Tbk (“BTPN”). Pemisahan dilakukan The spin-off was made with reference to Bank
dengan mengacu kepada Peraturan Bank Indonesia Regulation No.11/10/PBI/2009 which
Indonesia No. 11/10/PBI/2009 yang telah has been amended by PBI No. 15/14/PBI/2013
diubah dengan PBI No. 15/14/PBI/2013 tentang regarding Sharia Business Unit. The
Unit Usaha Syariah. Pendirian tersebut telah establishment has been approved by Bank
disetujui oleh Bank Indonesia melalui dua Indonesia in two stages, i.e. the approval of the
tahap, yaitu persetujuan izin konversi dan izin conversion permit and spin-off permit.
pemisahan.
Pada tanggal 22 Mei 2014, Bank telah On 22 May 2014, the Subsidiary received its 383
mendapatkan izin dari Bank Indonesia untuk permit from Bank Indonesia regarding
melaksanakan konversi BSPD berdasarkan conversion of BSPD based on the Decision
Surat Keputusan Dewan Komisioner Otoritas
Pada tanggal 23 Juni 2014, Entitas Anak On 23 June 2014, the Subsidiary received its
memperoleh izin pemisahan dari OJK spin-off permit from OJK based on the Letter
berdasarkan Surat No: S-17/PB.1/2014. No: S - 17/PB.1/2014. The spin-off of UUS
Pemisahan UUS BTPN dilakukan dengan Akta BTN was made under Spin-off Deed No. 8
Pemisahan No. 8 tanggal 4 Juli 2014 yang dated 4 July 2014 and was notarised by
dibuat di hadapan Hadijah, S.H., M.Kn., notaris Hadijah, S.H., M.Kn., notary in Jakarta.
di Jakarta. Selanjutnya, pemisahan terjadi Furthermore, the spin-off became effective on
secara efektif pada tanggal 14 Juli 2014 dan 14 July 2014 and the Subsidiary started its
Entitas Anak memulai kegiatan usaha operational activity based on sharia principles,
berdasarkan prinsip syariah, sebagaimana as reported to Bank Indonesia through
yang dilaporkan kepada Bank Indonesia its letter No. S.031/DIR/LG/VII/2014 dated
dengan surat No. S.031/DIR/LG/VII/2014 17 July 2014 regarding the Report on the
tanggal 17 Juli 2014 perihal Laporan Implementation of the Opening of Sharia
Pelaksanaan Pembukaan Bank Umum Syariah Commercial Bank Resulting from the Spin-Off.
Hasil Pemisahan.
Berdasarkan Akta Notaris No. 25 tanggal Pursuant to the Notarial Deed No. 25 dated
27 Agustus 2013 juncto Akta Notaris No. 30 27 August 2013 juncto Notarial Deed No. 30
tanggal 25 September 2013 keduanya dibuat di dated 25 September 2013 before Hadijah, S.H.,
hadapan Notaris Hadijah, S.H., M.Kn., BSPD M.Kn., BSPD changed its name to PT Bank
mengubah namanya menjadi PT Bank Tabungan Pensiunan Nasional Syariah. The
Tabungan Pensiunan Nasional Syariah. above change was approved by the Minister of
Perubahan di atas telah mendapat persetujuan Law and Human Rghts of the Republic of
dari Menteri Hukum dan Hak Asasi Manusia Indonesia through its letter No. AHU-
Republik Indonesia melalui Surat Keputusan 50529.AH.01.02 Year 2013 dated 1 October
No. AHU-50529.AH.01.02 Tahun 2013 tanggal 2013 and has been published in State Gazette
1 Oktober 2013 dan telah diumumkan dalam No.94 year 2013, in supplement of the State
Berita Negara Republik Indonesia Nomor 94 Gazette No. 124084 dated 22 November 2013.
tahun 2013, tambahan Berita Negara Republik
Indonesia No. 124084 tanggal 22 November
2013.
23
Financial Statements 2020
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Perubahan Nama Entitas Anak (lanjutan) The Change of name of the Subsidiary
(continued)
Entitas Anak mengubah kembali namanya The Subsidiary further changed its name to PT
menjadi PT Bank BTPN Syariah Tbk Bank BTPN Syariah Tbk pursuant to the
sebagaimana didasarkan pada Akta No. 26 Notarial Deed No. 26 dated 16 April 2020,
tanggal 16 April 2020, yang dibuat di hadapan before Ashoya Ratam, SH, MKn, Notary in
Ashoya Ratam, S.H., M.Kn., Notaris di Jakarta Administrative City of South Jakarta, which was
Selatan, yang telah mendapat persetujuan dari approved by the Minister of Law and Human
Kementerian Hukum dan Hak Asasi Manusia Rights of the Republic of Indonesia through its
Republik Indonesia berdasarkan Surat No. letter No. AHU- 0034666.AH.01.02.TAHUN
AHU-0034666.AH. 01.02.TAHUN 2020 tanggal 2020 dated 8 May 2020 and the Letter of
8 Mei 2020, dan Surat Penerimaan Acceptance of the amendment to the Articles of
Pemberitahuan Perubahan Anggaran Dasar Association No. No. AHU-AH.01.03-0214020
No. AHU-AH.01.03-0214020 tanggal 8 Mei dated 8 May 2020, The change of name of the
2020, dan telah mendapatkan persetujuan BTPNS has been approved based on the letter
Perubahan Nama ini berdasarkan Surat dari from the Financial Services Authority (OJK)
Otoritas Jasa Keuangan (OJK) nomor S- number S-66/PB.101/2020 dated 4 June 2020
66/PB.101/2020 tanggal 4 Juni 2020 perihal concerning the determination of the use of
Permohonan Penetapan Penggunaan Izin Business Lisence on behalf PT Bank Tabungan
Usaha karena Perubahan Nama PT Bank Pensiunan Nasional Syariah Tbk into PT Bank
384 Tabungan Pensiunan Nasional Syariah Tbk BTPN Syariah Tbk and the Copy of Approval of
menjadi PT Bank BTPN Syariah Tbk dan Deputi Komisioner Pengawas Perbankan I OJK
Salinan Keputusan Deputi Komisioner Number KEP-99/PB.1/2020 dated 4 July 2020.
Pengawas Perbankan I OJK Nomor KEP-
2020 Annual Report PT Bank BTPN Tbk
Susunan Dewan Direksi, Dewan Komisaris The Composition of The Directors, The
dan Dewan Pengawas Syariah Board of Commissioners and The Sharia
Supervisory Board
Susunan Dewan Direksi, Dewan Komisaris dan The latest composition of the Board of
Dewan Pengawas Syariah terakhir Entitas anak Directors, the Board of Commissioners and the
sebagaimana dituangkan ke dalam Akta Nomor Sharia Supervisory Board of the Subsidiary as
03 tanggal 4 Juni 2020 yang dibuat oleh Ashoya specified in the Deed Number 03 dated
Ratam, SH, MKn, Notaris di Kota Administrasi 4 June 2020 made by Ashoya Ratam, SH, MKn,
Jakarta Selatan dan telah diterima dan dicatat Notary in Administrative City of South Jakarta
di dalam Sistem Administrasi Badan Hukum and has been received and recorded in Legal
melalui Surat Keputusan Menteri Hukum dan Entity Administration System through Decree
Hak Asasi Manusia Republik Indonesia Nomor Letter of Minister of Law and Human Rights of
No. AHU-AH.01.03-0236605 tanggal 5 Juni the Republic of Indonesia Number No. AHU-
2020 perihal Penerimaan Pemberitahuan AH.01.03-0236605 dated 5 June 2020
Perubahan Data Perseroan PT Bank BTPN regarding Acceptance of Notification of the
Syariah Tbk. Company’s Data Changes of PT Bank BTPN
Syariah Tbk.
24
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Sesuai dengan pasal 3 Anggaran Dasar Entitas In accordance with article 3 of the Subsidiary’s
Anak, maksud dan tujuan serta kegiatan Entitas Article of Association, the Subsidiary’s objective
Anak adalah melakukan kegiatan usaha di and scope of activities is to engage in banking
bidang perbankan berdasarkan prinsip syariah. industry based on sharia principles.
Penawaran Umum Perdana Saham Initial Public Offering
Berdasarkan Rapat Umum Pemegang Saham Pursuant to the Subsidiary’s Circular Resolution
Luar Biasa (RUPSLB) Entitas Anak yang of the Shareholders in lieu of the Extraordinary
dilakukan melalui surat edaran resolusi General Meeting of Shareholders (EGMS) dated
pemegang saham pada tanggal 16 November 2017, the shareholders approved
16 November 2017, para pemegang saham the plan to conduct Initial Public Offering of
menyetujui rencana Penawaran Umum Saham Ordinary Shares to public through capital market
Perdana Biasa kepada masyarakat melalui and listing of the Subsidiary’s shares at the
pasar modal serta melakukan pencatatan Indonesia Stock Exchange. On 25 April 2018,
saham Bank di Bursa Efek Indonesia. Pada the Subsidiary obtained the effective notification
tanggal 25 April 2018, Entitas Anak from OJK through letter No. S-36/D-04/2018 for
memperoleh pernyataan efektif dari OJK this initial public offering.
dengan surat No. S-36/D-04/2018 untuk
penawaran umum saham perdana tersebut.
385
Entitas Anak melakukan penawaran umum The Subsidiary undertook an initial public
perdana atas 770.370.000 saham dengan nilai offering of 770,370,000 shares with a nominal
nominal sebesar Rp 100 (nilai penuh) setiap value of Rp 100 (full amount) per share with
25
Financial Statements 2020
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Indonesia telah melakukan distribusi dividen distributed the Subsidiary’s cash dividend to
tunai kepada daftar pemegang saham pada list of shareholders as of 28 April 2020.
tanggal 28 April 2020.
Kebijakan-kebijakan akuntansi yang penting, yang The significant accounting policies, applied in the
diterapkan dalam penyusunan laporan keuangan preparation of the Bank’s consolidated financial
konsolidasian Bank tanggal dan tahun yang statements as of and for the years ended
berakhir pada tanggal 31 Desember 2020 dan 2019, 31 December 2020 and 2019, are as follows:
adalah sebagai berikut:
a. Pernyataan Kepatuhan a. Statement of Compliance
Laporan keuangan konsolidasian Bank disusun The Bank’s consolidated financial statements
dan disajikan sesuai dengan Standar Akuntansi have been prepared and presented in
Keuangan (“SAK”) di Indonesia. accordance with Indonesian Financial
Accounting Standards (“SAK”).
Laporan keuangan konsolidasian juga disusun These consolidated financial statements have
dan disajikan sesuai dengan peraturan Badan also been prepared and presented in
Pengawas Pasar Modal dan Lembaga accordance with Capital Market and Financial
Keuangan (“BAPEPAM-LK” yang fungsinya Intstitutions Supervisory Agency (“BAPEPAM-
dialihkan kepada OJK sejak tanggal LK”, whose function has been transferred to
1 Januari 2013) No. VIII.G.7 yang merupakan OJK starting 1 January 2013) rule No. VIII.G.7,
lampiran keputusan ketua BAPEPAM-LK No. Appendix of the Decree of the Chairman of the
KEP 347/BL/2012 tanggal 25 Juni 2012 tentang BAPEPAM-LK No. KEP-347/BL/2012 dated
“Penyajian dan Pengungkapan Laporan 25 June 2012 regarding “Financial Statements
Keuangan Emiten atau Perusahaan Publik”. Presentation and Disclosure of the Issuer or
Public Company”.
Laporan keuangan konsolidasian ini yang These consolidated financial statements which
merupakan konsolidasian dari laporan represent the consolidation of the financial
keuangan Bank dan Entitas Anak (secara statements of the Bank and its subsidiary
bersama-sama disebut “Bank dan Entitas Anak” (together referred to as the “Bank and
dan Bank secara individu disebut “Bank”) telah Subsidiary” and the Bank individually as the
disetujui untuk diterbitkan oleh direksi pada “Bank”), were authorized for issuance by the
tanggal 26 Februari 2021. Board of Directors on 26 February 2021.
Laporan keuangan konsolidasi ini disajikan These consolidated financial statements are
dalam bahasa Indonesia dan Inggris. Dalam hal presented in Indonesian and English
terdapat perbedaan penafsiran akibat languages. Should there be any difference in
penerjemahan bahasa, maka yang digunakan interpretation due to translation, the Indonesian
sebagai acuan adalah dalam Bahasa version shall prevail.
Indonesia.
26
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
27
Financial Statements 2020
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Selain PSAK 71 dan PSAK 73, penerapan Other than PSAK 71 and PSAK 73,
standar akuntansi yang disebutkan di atas tidak implementation of the above-mentioned
memiliki dampak yang signifikan terhadap accounting standards did not have significant
laporan keuangan konsolidasian. impacts to the consolidated financial
statements.
PSAK No. 71 menggantikan hampir semua PSAK No. 71 replaces most of the existing
ketentuan di PSAK No. 55, "lnstrumen requirements in PSAK No. 55, "Financial
Keuangan: Pengakuan dan Pengukuran". Instruments: Recognition and Measurement".
Dalam PSAK ini terdapat ketentuan yang It includes revised guidance on classification
direvisi untuk klasifikasi dan pengukuran and measurement of financial instruments, a
instrumen keuangan, metode kerugian kredit new expected credit loss model for calculating
ekspektasian yang baru untuk menghitung impairment on financial assets, new general
hedge accounting requirements, and additional
penurunan nilai aset keuangan, persyaratan
disclosures. It also carries forward the
umum baru untuk akuntansi lindung nilai, dan requirements on recognition and derecognition
tambahan pengungkapan. PSAK ini of financial instruments from PSAK No. 55.
meneruskan ketentuan untuk pengakuan dan
penghentian pengakuan instrumen keuangan
yang diambil dari PSAK No. 55.
Untuk akuntansi lindung nilai, ketentuan secara For hedge accounting, the requirements are
umum diterapkan secara prospektif, dengan generally applied prospectively, with some
beberapa pengecualian yang terbatas. Bank limited exceptions. The Bank did not apply
tidak menerapkan akuntansi lindung nilai. hedging accounting.
PSAK 71 tidak berlaku terhadap Entitas Anak PSAK 71 is not applicable on the Subsidiary
yang merupakan suatu entitas berbasis which is an entity with sharia principles.
Syariah.
28
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
PSAK 71, ‘‘Instrumen Keuangan” (lanjutan) PSAK 71, "Financial Instruments" (continued)
Perubahan utama pada kebijakan akuntansi The key changes to the Bank’s accounting
Bank yang disebabkan oleh penerapan PSAK 71 policies resulting from its adoption of PSAK 71 are
dirangkum di bawah ini. Seluruh dampak dari summarized below.The full impact of adopting the
penerapan standar akuntansi tersebut standard is set out in Note 47.
diungkapkan pada Catatan 47.
(i) Klasifikasi dan pengukuran aset keuangan (i) Classification and measurement of financial
dan liabilitas assets and liabilities
Oleh karena penerapan PSAK 71, Bank As the result of adoption of PSAK 71, the
telah mengubah kebijakan akuntansinya Bank has changed its accounting policy on
mengenai klasifikasi instrumen keuangan financial instruments classification as
seperti dijelaskan pada Catatan 2h. disclosed in Note 2h.
Pada tanggal 31 Desember 2020 dan 2019, As of 31 December 2020 and 2019, the Bank
Bank tidak memiliki aset keuangan dan did not have financial assets and financial
liabilitas keuangan yang ditetapkan diukur liabilities designated at fair value at initial
pada nilai wajar pada pengakuan awal (opsi recognition (fair value option).
nilai wajar).
29
Financial Statements 2020
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
PSAK 71, ‘‘Instrumen Keuangan” (lanjutan) PSAK 71, "Financial Instruments" (continued)
PSAK 71 menggantikan model incurred loss PSAK 71 replaces the “incurred loss” model
pada PSAK 55 dengan kerugian kredit in PSAK 55 with a forward-looking expected
ekspektasian yang bersifat forward looking credit losses (“ECL”). This will require
(“ECL”). Hal ini membutuhkan considerable judgement over how changes in
pertimbangan yang memadai tentang economic factors affect ECLs, which will be
bagaimana perubahan faktor ekonomi determined on a probability-weighted basis.
mempengaruhi ECL yang akan ditentukan
berdasarkan probabilitas tertimbang.
Model penurunan nilai yang baru ini The new impairment model applies to all
diterapkan untuk seluruh intrumen financial instruments that are not measured
keuangan yang tidak diukur pada nilai wajar at fair value through profit or loss, including
melalui laba rugi, termasuk komitmen kredit loan commitments and financial guarantee
390 dan kontrak jaminan keuangan yang contracts issued.
diterbitkan.
2020 Annual Report PT Bank BTPN Tbk
Dalam PSAK 71, tidak ada kerugian Under PSAK 71, no impairment loss is
penurunan nilai yang diakui untuk instrumen recognized on equity investments.
ekuitas.
Berdasarkan PSAK 71, kerugian kredit Under PSAK 71, credit losses are recognized
diakui lebih awal dari PSAK 55. Penjelasan earlier than under PSAK 55. For an
bagaimana dampak penerapan awal PSAK explanation of the impacts to allowance for
71 terhadap cadangan penurunan nilai aset impairment losses from initial implementation
keuangan, lihat Catatan 47. of PSAK 71, see Note 47.
Oleh karena penerapan PSAK 71, Bank As the result of adoption of PSAK 71, the
telah mengubah kebijakan akuntansinya Bank has changed its accounting policy on
mengenai penurunan nilai aset keuangan impairment losses of financial assets as
seperti dijelaskan pada Catatan 2i. disclosed in Note 2i.
Dengan demikian, informasi yang disajikan Accordingly, the information presented for
pada tahun 2019 tidak mencerminkan 2019 does not reflect the requirements of
PSAK 71 dan oleh karena itu tidak dapat PSAK 71 and therefore is not comparable to
dibandingkan dengan informasi yang the information presented for 2020 under
disajikan pada tahun 2020 berdasarkan PSAK 71.
PSAK 71.
30
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Tanggal penerapan awal PSAK 73 untuk Bank The date of initial application of PSAK 73 for the
dan Entitas Anak adalah 1 Januari 2020. Sesuai Bank and Subsidiary is 1 January 2020. In
dengan ketentuan transisi PSAK 73, Bank dan accordance with the transitional provisions of
Entitas Anak telah menerapkan PSAK 73 PSAK 73, the Bank and Subsidiary have applied
menggunakan pendekatan retrospektif yang PSAK 73 using the modified retrospective
dimodifikasi, yaitu dengan mengakui efek approach, i.e. by recognizing the cumulative
kumulatif dari penerapan awal PSAK 73 sebagai effect of initially applying PSAK 73 as an
penyesuaian atas saldo laba tanggal 1 Januari adjustment to retained earnings at 1 January
2020. Oleh karena itu, informasi komparatif 2020. Therefore, the 2019 comparative
tahun 2019 tidak disajikan kembali, dimana information has not been restated, for which lease
transaksi sewa dilaporkan sesuai dengan transactions were reported in accordance with
PSAK 30, “Sewa”. PSAK 30 “Leases”.
Pada saat transisi, Bank dan Entitas Anak On transition, the Bank and Subsidiary
memilih untuk menerapkan panduan praktis elected to apply the practical expedient in
PSAK 73 untuk tetap mempertahankan hasil PSAK 73 to grandfather the assessment of
penelaahan sebelumnya apakah suatu which transactions are leases. The Bank and
transaksi mengandung sewa. Bank dan Subsidiary applied PSAK 73 only to contracts
Entitias Anak hanya menerapkan PSAK 73 that were previously identified as leases.
atas kontrak yang sebelumnya diidentifikasi Contracts that previously were not idenfied as
sebagai sewa. Kontrak yang sebelumnya leases under PSAK 30 and ISAK 8 were not
tidak diidentifikasi sebagai sewa menurut reassessed for whether there is a lease.
PSAK 30 dan ISAK 8 tidak ditelaah kembali Therefore, the definition of a lease under
apakah mengandung sewa. Oleh karena itu, PSAK 73 was applied only to contracts
definisi sewa menurut PSAK 73 hanya entered into or changed after 1 January 2020.
diterapkan atas kontrak yang terjadi atau
dimodifikasi setelah tanggal 1 Januari 2020.
Sewa yang dimiliki Bank dan Entitas Anak All of the Bank and Subsidiary’s leases prior
sebelum tanggal 1 Januari 2020 seluruhnya to 1 January 2020 were operating leases
merupakan sewa operasi menurut PSAK 30. under PSAK 30.
Menerapkan PSAK 73, untuk semua sewa Applying PSAK 73, for all leases (except as
(kecuali yang disebutkan di bawah ini), Bank noted below), the Bank and Subsidiary:
dan Entitas Anak:
- mengakui aset hak guna dan liabilitas - recognises right-of-use assets and lease
sewa pada laporan posisi keuangan liabilities in the consolidated statement of
konsolidasian, yang diukur pada nilai kini financial position, initially measured at the
dari pembayaran sewa masa depan; present value of the future lease
payments;
31
Financial Statements 2020
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
(ii) Dampak pada akuntansi penyewa (lanjutan) (ii) Impact on lessee accounting (continued)
- mengakui penyusutan aset hak guna dan - recognises depreciation of right-of-use
bunga atas liabilitas sewa pada laba rugi; assets and interest on lease liabilities in
profit or loss;
- memisahkan jumlah total pembayaran - separates the total amount of cash paid
kas ke bagian pokok (disajikan sebagai into a principal portion (presented within
aktivitas pendanaan) dan bunga financing activities) and interest
(disajikan sebagai aktivitas operasi) pada (presented within operating activities) in
laporan arus kas konsolidasian. the consolidated statement of cash flows.
Untuk sewa jangka pendek (masa sewa For short-term leases (lease term of
12 bulan atau kurang) dan sewa atas aset 12 months or less) and leases of low-value
bernilai rendah, Bank dan Entitas Anak telah assets, the Bank and Subsidiary had opted to
memilih untuk mengakui beban sewa secara recognise a lease expense on a straight-line
garis lurus sebagaimana diijinkan oleh basis as permitted by PSAK 73.
PSAK 73.
392 (iii) Dampak pada laporan keuangan (iii) Impact on financial statements
Pada saat transisi, liabilitas sewa diukur On transition, lease liabilities were measured at
2020 Annual Report PT Bank BTPN Tbk
pada nilai kini dari sisa pembayaran sewa, the present value of the remaining lease
yang didiskontokan dengan menggunakan payments, discounted using the Bank and
suku bunga pinjaman inkremental Bank dan Subsidiary’s incremental borrowing rate at
Entitas Anak pada tanggal 1 Januari 2020. 1 January 2020.
Aset hak-guna terkait sewa gedung diukur Right-of-use assets related with leases of
pada nilai tercatatnya seolah-olah PSAK 73 buildings are measured at their carrying amount
telah diterapkan sejak tanggal mulai sewa, as if PSAK 73 has been applied since the lease
didiskontokan dengan menggunakan suku commencement date, discounted using
bunga pinjaman inkremental pada tanggal incremental borrowing rate at 1 January 2020.
1 Januari 2020. Aset hak-guna lainnya diukur Other right-of use assets are measured at an
pada jumlah yang sama dengan liabilitas amount equal to the lease liabilities, adjusted by
sewa, disesuaikan dengan jumlah the amount of any prepaid or accrued lease
pembayaran dibayar dimuka atau payments at 31 December 2019.
pembayaran sewa yang masih harus dibayar
pada tanggal 31 Desember 2019.
Pada saat transisi, Bank dan Entitas Anak On transition, the Bank and Subsidiary used the
menerapkan cara praktis berikut yang following practical expedients permitted by the
diperbolehkan oleh standar: standard:
- menerapkan tingkat diskonto tunggal - the use of a single discount rate to a
untuk portofolio sewa dengan portfolio of leases with reasonably similar
karakteristik yang cukup serupa characteristics
- sewa operasi yang masa sewanya - operating leases with a remaining lease
berakhir dalam 12 bulan dari term of less than 12 months at
tanggal 1 Januari 2020 diperlakukan 1 January 2020 are treated as short-term
sebagai sewa jangka pendek lease
- pengecualian biaya langsung awal dari - the exclusion of initial direct costs for the
pengukuran aset hak guna pada tanggal measurement of the right-of-use assets at
penerapan awal the date of initial application
- menggunakan tinjauan ke belakang - the use of hindsight in determining the
(hindsight) dalam menentukan masa lease term where the contract contains
sewa jika kontrak mengandung opsi untuk options to extend or terminate the lease
memperpanjang atau menghentikan
sewa
32
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Pada saat transisi PSAK 73, Bank dan On the transition of PSAK 73, the Bank and
Entitas Anak mengakui aset hak guna Subsidiary recognized right-of-use assets
sebesar Rp 774.042 (termasuk amounting to Rp 774,042 (include of
reklasifikasi dari beban sewa dibayar reclassification from rental prepayments
dimuka sebesar Rp 213.327 dan setelah amounting to Rp 213,327 and after
dikurangi akumulasi depresiasi sebesar deduction of accumulated depreciation of
Rp 235.206), sewa liabilitas sebesar Rp 235,206), lease liabilities amounted to
Rp 658.399, dan mengakui selisihnya Rp 658,399, and adjust the difference to
pada saldo laba tanggal 1 Januari 2020 retained earnings at 1 January 2020
sebesar Rp 77.086 (setelah pajak). amounting to Rp 77,086 (net of tax).
33
Financial Statements 2020
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Saldo akhir tahun aset moneter dan liabilitas Year-end balances monetary assets and
moneter dalam valuta asing dijabarkan ke liabilities denominated in foreign currencies are
dalam Rupiah dengan menggunakan kurs pada translated into Rupiah using exchange rate as
tanggal laporan (penutupan) yang ditetapkan of the reporting date (closing) as determined by
oleh Bank Indonesia, yaitu kurs tengah yang Bank Indonesia, i.e. middle rates which are the
merupakan rata-rata kurs beli dan kurs jual average of buying rates and selling rates per
berdasarkan Reuters pada pukul 16.00 WIB. Reuters at 16.00 WIB.
Kurs valuta asing utama yang digunakan pada The major exchange rates used as of the
394 tanggal pelaporan adalah sebagai berikut (nilai reporting date were as follows (full amount):
penuh):
2020 Annual Report PT Bank BTPN Tbk
2020 2019
1 Dolar Amerika Serikat (USD) 14,050.00 13,882.50 1 United States Dollar (USD)
1 Dolar Australia (AUD) 10,752.47 9,725.39 1 Australian Dollar (AUD)
1 Dolar Singapura (SGD) 10,606.18 10,315.05 1 Singapore Dollar (SGD)
1 Dolar Hong Kong (HKD) 1,812.30 1,782.75 1 Hong Kong Dollar (HKD)
1 Poundsterling Inggris (GBP) 19,012.46 18,238.14 1 British Poundsterling (GBP)
1 Yen Jepang (JPY) 135.97 127.81 1 Japanese Yen (JPY)
1 Euro (EUR) 17,234.43 15,570.61 1 Euro (EUR)
Keuntungan dan kerugian selisih kurs yang The exchange gains and losses arising from
timbul dari transaksi dalam valuta asing dan dari transactions in foreign currencies and from the
penjabaran aset moneter dan liabilitas moneter translation of monetary assets and monetary
dalam valuta asing diakui pada laba rugi. liabilities denominated in foreign currencies are
recognised in profit or loss.
Laba atau rugi kurs valuta asing atas aset dan The foreign currency gains or losses on
liabilitas moneter merupakan selisih antara biaya monetary assets and liabilities are the
perolehan diamortisasi dalam Rupiah pada awal difference between amortised cost in Rupiah at
tahun, disesuaikan dengan tingkat suku bunga the beginning of the year, adjusted for effective
efektif dan pembayaran selama tahun berjalan, interest rate and payments during the year, and
dan biaya perolehan diamortisasi dalam valuta the amortised cost in foreign currency
asing yang dijabarkan ke dalam Rupiah dengan translated into Rupiah using the exchange rate
menggunakan kurs pada akhir tahun. at the end of the year.
dg
34
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Suatu pengendalian atas entitas anak Control over a subsidiary is presumed to exist if
dianggap ada bilamana Bank terekspos atau the Bank is exposed to, or has rights to, variable
memiliki hak atas imbal hasil variabel dari returns from its involvement with the subsidiary
keterlibatannya dengan entitas anak dan and has the ability to affect those returns through
memiliki kemampuan untuk mempengaruhi its power over the subsidiary. The Bank
imbal hasil tersebut melalui kekuasaannya atas reassesses whether it has control if there are
entitas anak. Bank akan menilai kembali changes to one or more of the elements of the
apakah memiliki kendali jika ada perubahan control. This includes circumstances in which
atas satu atau lebih unsur pengendalian. Ini protective rights held (e.g. those resulting from a
termasuk situasi dimana hak protektif yang lending relationship) become substantive and
dimiliki (seperti yang dihasilkan dari hubungan lead to the Bank having power over a subsidiary.
pinjaman) menjadi substantif dan
mengakibatkan Bank memiliki kekuasaan atas
entitas anak.
395
Laporan keuangan dari entitas anak The financial statements of subsidiary are
dimasukkan ke dalam laporan keuangan included in the consolidated financial
konsolidasian sejak tanggal pengendalian statements from the date on which control
Ketika Bank kehilangan kendali atas entitas When the Bank loses control over a subsidiary,
anak, Bank menghentikan pengakuan aset dan it derecognises the assets and liabilities of the
liabilitas entitas anak, dan kepentingan non- subsidiary, and any related non-controlling
pengendali terkait dan komponen ekuitas interests and other components of equity. Any
lainnya. Laba atau rugi yang timbul diakui resulting gain or loss is recognised in profit or
dalam laba rugi. Kepentingan yang loss. Any interest retained in the former
dipertahankan di entitas anak sebelumnya subsidiary is measured at fair value when the
diukur sebesar nilai wajar ketika pengendalian control is lost.
hilang.
Seluruh transaksi dan saldo antar perusahaan All inter-company transactions and balances
dieliminasi dalam laporan keuangan are eliminated in the consolidated financial
konsolidasian, sehingga laporan keuangan statements; accordingly, the consolidated
konsolidasian hanya mencakup transaksi dan financial statements include only transactions
saldo dengan pihak lain. and balances with other parties.
Akuisisi entitas anak oleh Bank dicatat dengan The acquisition method is used to account for
menggunakan metode akuisisi. Biaya the acquisition of subsidiary by the Bank. The
perolehan akuisisi diukur pada nilai wajar aset cost of acquisition is measured at the fair value
yang diberikan, instrumen ekuitas yang of the assets given, equity instruments issued,
diterbitkan, liabilitas yang terjadi atau diambil liabilities incurred or assumed and contingent
dan penyesuaian harga beli kontinjensi, jika consideration, if any, at the transaction date.
ada, pada tanggal transaksi. Goodwill yang Goodwill arising from the acquisition of
timbul dari akuisisi entitas anak diuji penurunan subsidiary is tested at least annually for
nilainya minimal secara tahunan. Keuntungan impairment. Any gain on bargain purchase is
yang dihasilkan atas pembelian dengan diskon recognised in profit or loss immediately.
diakui langsung pada laba rugi. Biaya-biaya Transaction costs incurred in the acquisition of
transaksi yang timbul dari akuisisi entitas anak subsidiary are directly expensed in the current
dibebankan langsung pada laba rugi tahun year profit or loss.
berjalan.
35
Financial Statements 2020
Perubahan dalam bagian kepemilikan Bank Changes in ownership interest in subsidiary that
pada entitas anak yang tidak mengakibatkan do not result in a loss of control are treated as
hilangnya pengendalian diperlakukan sebagai transaction between equity holders and are
transaksi antara pemegang ekuitas dan dicatat accounted for as equity transactions.
sebagai transaksi ekuitas.
Dalam laporan keuangan konsolidasian ini, In these consolidated financial statements, the
396 istilah pihak-pihak berelasi digunakan sesuai term related parties is used as defined in PSAK
dengan PSAK No. 7 mengenai No. 7 regarding
-
2020 Annual Report PT Bank BTPN Tbk
h. Aset Keuangan dan Liabilitas Keuangan h. Financial Assets and Financial Liabilities
36
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
h. Aset Keuangan dan Liabilitas Keuangan h. Financial Assets and Financial Liabilities
(lanjutan) (continued)
Aset keuangan diukur dengan biaya A financial asset is measured at amortised 397
perolehan diamortisasi hanya jika cost only if it meets both of the following
memenuhi kedua kondisi berikut dan tidak conditions and is not designated as at
ditetapkan sebagai FVTPL: FVTPL:
Aset keuangan diukur pada FVOCI hanya A financial asset is measured at FVOCI only
jika memenuhi kedua kondisi berikut dan if it meets both of the following conditions
tidak ditetapkan sebagai FVTPL: and is not designated as at FVTPL:
- Aset keuangan dikelola dalam model - The financial asset is held within a
bisnis yang bertujuan untuk business model whose objective is
mendapatkan arus kas kontraktual dan achieved by both collecting contractual
menjual aset keuangan (hold to collect cash flows and selling the financial asset
and sell); dan (hold to collect and sell); and
Seluruh aset keuangan yang tidak All financial assets not classified as
diklasifikasikan sebagai diukur dengan measured at amortised cost or FVOCI as
biaya perolehan diamortisasi atau FVOCI described above are measured at FVTPL.
sebagaimana ketentuan di atas diukur
dengan FVTPL.
Aset keuangan tidak direklasifikasi setelah Financial assets are not reclassified
pengakuan awal, kecuali dalam periode subsequent to their initial recognition,
setelah Bank mengubah model bisnis yang except in the period after the Bank changes
mengelola aset keuangan. its business model for managing financial
assets.
37
Financial Statements 2020
h. Aset Keuangan dan Liabilitas Keuangan h. Financial Assets and Financial Liabilities
(lanjutan) (continued)
Model bisnis Bank ditentukan pada level The Bank's business model is defined at a
yang mencerminkan bagaimana kelompok level that reflects how group of financial
aset keuangan dikelola bersama-sama assets are managed together to achieve
untuk mencapai tujuan bisnis tertentu.
Model bisnis Bank tidak bergantung pada model does not depend on management's
intensi manajemen untuk instrumen intention for individual instruments.
398 individu. Sejalan dengan hal tersebut, Accordingly, this condition is not an
kondisi ini bukan merupakan pendekatan instrument-by-instrument approach to
instrumen-per-instrumen untuk klasifikasi classification and is determined at a higher
dan ditentukan pada level agregasi yang
2020 Annual Report PT Bank BTPN Tbk
Akan tetapi, ketika Bank menilai model However, when the Bank assesses the
bisnis untuk aset keuangan yang baru business model for newly issued or recently
diterbitkan atau baru dibeli, Bank harus purchased financial assets, it must consider
mempertimbangkan informasi tentang information about how cash flows were
bagaimana arus kas direalisasikan di masa realized in the past, along with all other
lalu, bersama dengan semua informasi relevant information.
yang relevan lainnya.
38
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
h. Aset Keuangan dan Liabilitas Keuangan h. Financial Assets and Financial Liabilities
(lanjutan) (continued)
Model bisnis untuk mengelola aset The business model for managing financial
keuangan adalah kenyataan dan bukan assets is a reality and not just an assertion.
hanya sebuah asersi. Hal ini biasanya This is usually observed through the
diobservasi melalui aktivitas yang dilakukan activities the entity carries out to achieve
Bank untuk mencapai tujuan dari model the objectives of the business model. The
bisnis. Bank mempertimbangkan semua Bank considers all relevant evidence 399
bukti yang relevan yang tersedia pada available at the valuation date. The
tanggal penilaian. Bukti yang relevan relevant evidence includes, but is not
tersebut termasuk, tetapi tidak terbatas limited to:
- Kebijakan dan tujuan yang dinyatakan - the stated policies and objectives for
untuk portofolio dan pengoperasian the portfolio and the operation of
kebijakan tersebut dalam praktiknya. those policies in practice. In
Secara khusus, apakah strategi
manajemen berfokus pada strategy focusses on earning
menghasilkan pendapatan bunga contractual interest income,
kontraktual, mempertahankan profil maintaining a particular interest rate
suku bunga tertentu, mencocokkan profile, matching the duration of the
durasi aset keuangan dengan durasi financial assets to the duration of the
liabilitas yang mendanai aset tersebut liabilities that are funding those
atau mewujudkan arus kas melalui assets or realising cash flows through
penjualan aset; sale of the assets;
- risiko yang memengaruhi kinerja dari - the risks that affect the performance
model bisnis (dan aset keuangan yang of the business model (and the
dimiliki dalam model bisnis tersebut) financial assets held within that
dan strategi mengenai bagaimana business model) and its strategy for
risiko tersebut dikelola; dan how those risks are managed; and
39
Financial Statements 2020
h. Aset Keuangan dan Liabilitas Keuangan h. Financial Assets and Financial Liabilities
(lanjutan) (continued)
risiko dan biaya pinjaman dasar lainnya time and for other basic lending risks and
(misalnya risiko likuiditas dan biaya costs (e.g. liquidity risk and administrative
administrasi), serta marjin keuntungan. costs), as well as profit margin.
Dalam menilai apakah arus kas kontraktual In assessing whether the contractual cash
adalah SPPI, Bank mempertimbangkan flows are SPPI, the Bank considers the
ketentuan kontraktual instrumen tersebut. contractual terms of the instrument. This
Hal ini termasuk menilai apakah aset includes assessing whether the financial
keuangan mengandung ketentuan asset contains a contractual term that
kontraktual yang dapat mengubah waktu could change the timing or amount of
atau jumlah arus kas kontraktual sehingga contractual cash flows such that it would
tidak memenuhi kondisi ini. not meet this condition. In making the
Dalam melakukan penilaian, Bank assessment, the Bank considers:
mempertimbangkan:
40
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
h. Aset Keuangan dan Liabilitas Keuangan h. Financial Assets and Financial Liabilities
(lanjutan) (continued)
h.1. Klasifikasi (lanjutan) h.1. Classification (continued)
Bank mengklasifikasikan aset keuangannya The Bank classifies its financial assets into
ke dalam kategori pengukuran sebagai the following measurement categories at
berikut pada saat pengakuan awal initial recognition based on their nature
berdasarkan sifat dan tujuannya: and purpose:
i. Diukur pada nilai wajar melalui laba i. Fair value through profit or loss,
rugi, yang memiliki 2 (dua) which has 2 (two) sub-
subklasifikasi, yaitu aset keuangan classifications, i.e. financial assets
yang ditetapkan demikian pada saat designated as such upon initial
pengakuan awal dan aset keuangan recognition and financial assets
yang diklasifikasikan dalam classified as held for trading; 401
kelompok diperdagangkan;
ii. Tersedia untuk dijual; ii. Available-for-sale;
Investasi yang dimiliki hingga jatuh tempo Held-to-maturity investments are non-
adalah aset keuangan non-derivatif derivative financial assets with fixed or
dengan pembayaran tetap atau telah determinable payments and fixed
ditentukan dan jatuh temponya telah maturity that the Bank has the positive
ditetapkan dimana Bank mempunyai intent and ability to hold to maturity, and
intensi positif dan kemampuan untuk which are not designated at fair value
memiliki aset keuangan tersebut hingga through profit or loss or available-for-sale.
jatuh tempo, dan yang tidak ditetapkan
pada nilai wajar melalui laba rugi atau
tersedia untuk dijual.
Pinjaman yang diberikan dan piutang Loans and receivables are non-derivative
adalah aset keuangan non-derivatif financial assets with fixed or
dengan pembayaran tetap atau telah determinable payments that are not
ditentukan yang tidak mempunyai kuotasi quoted in an active market and that the
di pasar aktif dan Bank tidak berniat untuk Bank does not intend to sell immediately
menjualnya segera atau dalam waktu or in the near term.
dekat.
41
Financial Statements 2020
h. Aset Keuangan dan Liabilitas Keuangan h. Financial Assets and Financial Liabilities
(lanjutan) (continued)
i. Diukur pada nilai wajar melalui laba rugi, i. Fair value through profit or loss, which
yang memiliki 2 (dua) sub-klasifikasi, has 2 (two) sub-classifications, i.e.
yaitu liabilitas keuangan yang ditetapkan financial liabilities designated as such
demikian pada saat pengakuan awal upon initial recognition and financial
dan liabilitas keuangan yang liabilities classified as held for trading;
diklasifikasikan dalam kelompok
402 diperdagangkan;
ii. Liabilitas keuangan yang diukur pada ii. Financial liabilities measured at
2020 Annual Report PT Bank BTPN Tbk
Keuntungan dan kerugian yang timbul dari Gains and losses arising from changes in
perubahan nilai wajar liabilitas keuangan fair value of financial liabilities are
diakui dalam laba rugi tahun berjalan. recognised in current year profit or loss.
42
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
h. Aset Keuangan dan Liabilitas Keuangan h. Financial Assets and Financial Liabilities
(lanjutan) (continued)
Pada saat pengakuan awal, aset keuangan A financial asset or financial liability is
atau liabilitas keuangan diukur pada nilai initially measured at fair value plus/less (for
wajar ditambah/dikurangi (untuk instrumen financial instruments not subsequently
keuangan yang tidak diukur pada nilai wajar measured at fair value through profit or
melalui laba rugi setelah pengakuan awal) loss) transaction costs that are directly
biaya transaksi yang dapat diatribusikan attributable to the acquisition of a financial
secara langsung atas perolehan aset asset or issuance of a financial liability. The
keuangan atau penerbitan liabilitas subsequent measurement of financial
keuangan. Pengukuran aset keuangan dan assets and financial liabilities depends on
liabilitas keuangan setelah pengakuan awal their classification.
tergantung pada klasifikasi aset keuangan
dan liabilitas keuangan tersebut.
Biaya transaksi hanya meliputi biaya-biaya Transaction costs include only those costs
yang dapat diatribusikan secara langsung that are directly attributable to the
403
untuk perolehan suatu aset keuangan atau acquisition of a financial asset or issuance
penerbitan suatu liabilitas keuangan dan of a financial liability and are incremental
Bank dan Entitas Anak pada awalnya The Bank and Subsidiary initially recognise
mengakui pinjaman/pembiayaan yang loans/financing and deposits on the date of
diberikan dan simpanan pada tanggal origination.
perolehan.
Pembelian dan penjualan aset keuangan Regular way purchases and sales of
yang lazim (reguler) diakui pada tanggal financial assets are recognised on the trade
perdagangan dimana Bank dan Entitas Anak date at which the Bank and Subsidiary
memiliki komitmen untuk membeli atau commit to purchase or sell those assets.
menjual aset tersebut.
Semua aset dan liabilitas keuangan lainnya All other financial assets and liabilities are
pada awalnya diakui pada tanggal initially recognised on the trade date at
perdagangan dimana Bank dan Entitas Anak which the Bank and Subsidiary become a
menjadi suatu pihak dalam ketentuan party to the contractual provisions of the
kontraktual instrumen tersebut. instrument.
43
Financial Statements 2020
h. Aset Keuangan dan Liabilitas Keuangan h. Financial Assets and Financial Liabilities
(lanjutan) (continued)
h.3. Biaya perolehan diamortisasi dan nilai h.3. Amortised cost and gross carrying
tercatat bruto amount
atau liabilitas keuangan merupakan suatu nilai financial liability is the amount at which the
dimana aset keuangan atau liabilitas keuangan financial asset or financial liability is
diukur pada saat pengakuan awal dikurangi measured on initial recognition minus the
pembayaran pokok, ditambah atau dikurangi principal repayments, plus or minus the
amortisasi kumulatif menggunakan metode cumulative amortisation using the effective
suku bunga efektif atas selisih antara nilai awal interest methof of any difference between that
dan nilai jatuh temponya dan, untuk aset initial amount and the maturity amount and,
keuangan, disesuaikan dengan cadangan for financial assets, adjusted for any
rcatat bruto allowance
carrying amount of financial asset
diamortisasi aset keuangan sebelum dikurangi amortised cost of a financial asset before
cadangan kerugian penurunan nilai. adjusting for any allowance for impairment
404 losses.
Bank dan Entitas Anak menghentikan The Bank and Subsidiary derecognise a
pengakuan liabilitas keuangan pada saat financial liability when its contractual
liabilitas yang ditetapkan dalam kontrak obligations are discharged or cancelled or
dilepaskan atau dibatalkan atau kadaluwarsa. expired.
Dalam transaksi dimana Bank dan Entitas In transactions in which the Bank and
Anak secara substansial tidak memiliki atau Subsidiary neither retains nor transfers
tidak mentransfer seluruh risiko dan manfaat substantially all the risks and rewards of
atas kepemilikan aset keuangan, Bank dan ownership of a financial asset, the Bank and
Entitas Anak menghentikan pengakuan aset Subsidiary derecognise the asset if it does
tersebut jika Bank dan Entitas Anak tidak lagi not retain control over the asset. The rights
memiliki pengendalian atas aset tersebut. Hak and obligations retained in the transfer are
dan kewajiban yang masih dimiliki dalam recognised separately as assets and
transfer tersebut diakui secara terpisah liabilities as appropriate. In transfers in
sebagai aset atau liabilitas. Dalam transfer which control over the asset is retained, the
dimana pengendalian atas aset masih dimiliki, Bank and Subsidiary continue to recognise
Bank dan Entitas Anak tetap mengakui aset the asset to the extent of its continuing
yang ditransfer tersebut sebesar keterlibatan involvement, determined by the extent to
berkelanjutan, dimana tingkat keberlanjutan which it is exposed to changes in the value
Bank dan Entitas Anak dalam aset yang of the transferred asset.
ditransfer adalah sebesar perubahan nilai aset
yang ditransfer.
44
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
h. Aset Keuangan dan Liabilitas Keuangan h. Financial Assets and Financial Liabilities
(lanjutan) (continued)
Bank dan Entitas Anak menghapusbukukan The Bank and Subsidiary write off a financial
aset keuangan dan cadangan kerugian asset and any related allowance for impairment
penurunan nilai terkait, pada saat Bank dan losses, when the Bank and Subsidiary
Entitas Anak menentukan bahwa aset determine that the financial asset is
keuangan tersebut tidak dapat ditagih. uncollectible. This determination is reached
Keputusan ini diambil setelah after considering information such as the
mempertimbangkan informasi seperti telah occurrence of significant changes in the
terjadinya perubahan signifikan pada posisi
keuangan debitur/penerbit aset keuangan
sehingga debitur/penerbit aset keuangan tidak issuer can no longer pay the obligation, or that
lagi dapat melunasi kewajibannya, atau hasil proceeds from collateral will not be sufficient to
penjualan agunan tidak akan cukup untuk pay back the credit exposure.
melunasi seluruh eksposur kredit yang
diberikan.
405
h.5. Saling hapus h.5. Offsetting
Pendapatan dan beban disajikan dalam Income and expenses are presented on a
jumlah bersih hanya jika diperkenankan net basis only when permitted by accounting
oleh standar akuntansi. standards.
45
Financial Statements 2020
i. Cadangan kerugian penurunan nilai aset i. Allowance for impairment losses of financial
keuangan assets
i.1. Aset keuangan yang dicatat pada biaya i.1. Financial assets carried at amortised
perolehan diamortisasi cost
Kebijakan berlaku mulai tanggal Policy applicable from 1 January 2020
1 Januari 2020
Dalam mengestimasi cadangan kerugian To estimate impairment loss allowance on
penurunan nilai atas aset keuangan, Bank financial assets, the Bank has implemented
telah menerapkan PSAK 71 sejak tanggal PSAK 71 since 1 January 2020. PSAK 71
1 Januari 2020. PSAK 71 mengharuskan requires a loss allowance to be recognized
cadangan kerugian diakui sebesar kerugian at an amount equal to either 12-month ECL
kredit ekspektasian (ECL 12 bulan) atau or lifetime ECL. Lifetime ECL is the ECL that
kerugian kredit ekspektasian sepanjang results from all possible default events over
umur aset keuangan (ECL lifetime). ECL the expected life of a financial instrument,
lifetime adalah kerugian ekspektasian yang whereas 12-month ECL is the portion of ECL
berasal dari semua kemungkinan kejadian that results from default events that are
gagal bayar sepanjang umur ekspektasian possible within the 12-month after reporting
suatu instrumen keuangan, sedangkan date.
406 ECL 12 bulan adalah porsi dari kerugian
kredit ekspektasian yang berasal dari
kemungkinan kejadian gagal bayar dalam
2020 Annual Report PT Bank BTPN Tbk
46
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
i. Cadangan kerugian penurunan nilai aset i. Allowance for impairment losses of financial
keuangan (lanjutan) assets (continued)
i.1. Aset keuangan yang dicatat pada biaya i.1. Financial assets carried at amortised cost
perolehan diamortisasi (lanjutan) (continued)
instrumen keuangan dengan risiko financial instruments with low credit risk;
kredit rendah; dan and
instrumen keuangan dengan risiko financial instruments for which credit
kredit yang belum meningkat secara risk has not increased significantly since
signifikan sejak pengakuan awal. initial recognition.
Estimasi eksposur kredit untuk tujuan The estimation of credit exposure for risk
manajemen risiko adalah kompleks dan management purpose is complex and
membutuhkan penggunaan model, requires the use of models, as the
dikarenakan eksposur yang bervariasi exposure varies with changes in market 407
terkait dengan perubahan kondisi pasar, conditions, expected cash flows and the
arus kas yang diharapkan dan berjalannya passage of time. The assessment of credit
waktu. Penilaian risiko kredit dari portofolio risk of a portfolio of assets entails further
47
Financial Statements 2020
48
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Peningkatan risiko kredit secara signifikan Significant increase in credit risk (SICR) -
(SICR) - Tahap 2 Stage 2
Bank menganggap instrumen keuangan The Bank considers a financial instrument to
telah mengalami peningkatan risiko kredit have experienced a significant increase in
yang signifikan ketika kriteria di bawah ini credit risk when the below criteria have been
telah dipenuhi: met:
- Untuk segmen korporasi menggunakan - For corporate segments use watchlist
parameter daftar pantauan (watchlist) parameters and 12-month PD change
dan perubahan nilai PD 12 bulan by 100% resulted from internal grading
sebesar 100% sebagai akibat movement from its initial recognition. 409
perpindahan peringkat internal sejak
pengakuan awal.
Aset keuangan yang mengalami penurunan Financial assets that are credit impaired (or
nilai (atau gagal bayar) merupakan aset yang in default) represent those that are at least
setidaknya telah memiliki tunggakan lebih 90 days past due in respect of principal
dari 90 hari atas pokok dan/atau bunga. Aset and/or interest. Financial assets are also
keuangan juga dianggap mengalami considered to be credit impaired where the
debtors are unlikely to pay on the
penurunan nilai kredit dimana debitur
occurrence of one or more observable
kemungkinan besar tidak akan membayar events that have a detrimental impact on the
dengan terjadinya satu atau lebih kejadian estimated future cash flows of the financial
yang teramati yang memiliki dampak asset.
menurunkan jumlah estimasi arus kas masa
depan dari aset keuangan tersebut.
Pinjaman korporasi Corporate loans
Pinjaman korporasi yang dikategorikan Corporate loans that are categorised as
mengalami penurunan nilai adalah pinjaman impaired are loans from debtors with internal
dari debitur dengan peringkat internal 7R atau grading at 7R or lower.
lebih rendah.
Pinjaman non-korporasi Non-corporate loans
Pinjaman non-korporasi yang dikategorikan Non-corporate loans that are categorised as
mengalami penurunan nilai adalah pinjaman impaired are loans that satisfy at least one of
yang memenuhi setidaknya satu dari kriteria the following criteria:
berikut:
a. Hari tunggakan lebih dari 90 hari a. Days past due over 90 days
b. Kolektibilitas OJK 3, 4 dan 5 b. OJK Grading 3, 4 and 5
49
Financial Statements 2020
50
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
i.1. Aset keuangan yang dicatat pada biaya i.1. Financial assets carried at amortised
perolehan diamortisasi (lanjutan) cost (continued)
ECL atas komitmen pinjaman dan jaminan ECL on loan commitments and financial
keuangan diakui pada liabilitas lain-lain. Jika guarantees is recognised as other liabilities.
intrumen keuangan mencakup komponen Where a financial instrument includes both
yang telah ditarik dan yang belum ditarik, a drawn and an undrawn component, and
dan Bank tidak dapat mengidentifikasi ECL the Bank cannot identify the ECL on the loan
pada komponen pinjaman secara terpisah commitment component separately from
dari komponen yang telah ditarik, Bank those on the drawn component, the Bank
menyajikan cadangan kerugian gabungan presents a combined loss allowance for 411
untuk kedua komponen. Jumlah gabungan both components. The combined amount is
cadangan kerugian disajikan sebagai presented as a deduction from the gross
pengurang dari nilai tercatat bruto carrying amount of the drawn component.
Untuk aset keuangan yang diukur pada For financial assets measured at amortized
biaya perolehan diamortisasi, saldo di cost, the balance at consolidated statement
laporan posisi keuangan konsolidasian of financial position reflects the gross
mencerminkan nilai tercatat bruto dikurangi carrying amount less ECL. Changes in
ECL. Perubahan atas kerugian kredit expected credit losses are recognised in
ekspektasian diakui pada laba rugi tahun the current year profit or loss.
berjalan.
Pada setiap tanggal pelaporan, Bank The Bank assesses at each reporting date
mengevaluasi apakah terdapat bukti yang whether there is objective evidence that a
obyektif bahwa aset keuangan atau financial asset or group of financial assets
kelompok aset keuangan mengalami is impaired.
penurunan nilai.
51
Financial Statements 2020
i.1. Aset keuangan yang dicatat pada biaya i.1. Financial assets carried at amortised cost
perolehan diamortisasi (lanjutan) (continued)
Kriteria yang digunakan oleh Bank untuk The criteria used by the Bank to determine
menentukan bukti obyektif dari penurunan that there is objective evidence of an
nilai termasuk sebagai berikut: impairment loss include the followings:
Periode yang diestimasi antara terjadinya The estimated period between a loss
peristiwa dan teridentifikasinya kerugian occurring and its identification is determined
ditentukan oleh manajemen untuk setiap by the management for each identified
portofolio yang diidentifikasi. portfolio.
Pada awalnya, Bank menentukan apakah Initially, the Bank assesses whether
terdapat bukti obyektif seperti yang objective evidence of impairment for
dijelaskan di atas mengenai penurunan nilai financial asset exists as described above.
atas aset keuangan. Penilaian individual An individual assessment is performed on
dilakukan atas aset keuangan yang the significant impaired or restructured
signifikan yang mengalami penurunan nilai. financial asset. The impaired financial
Aset keuangan yang tidak signifikan namun assets which are not classified as
mengalami penurunan nilai atau individually significant are included in a
direstrukturisasi dimasukkan dalam group of financial asset with similar credit
kelompok aset keuangan yang memiliki risk characteristics and collectively
karakteristik risiko yang serupa dan assessed.
dilakukan penilaian secara kolektif.
52
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Jika Bank menilai bahwa tidak terdapat bukti If the Bank assesses that there is no
obyektif mengenai penurunan nilai atas aset objective evidence of impairment for
keuangan yang dinilai secara individual, baik individually assessed financial asset, both
aset keuangan tersebut signifikan atau tidak, for significant and insignificant amount,
maka akun atas aset keuangan tersebut hence the account of financial asset will be
akan masuk ke dalam kelompok aset included in a group of financial asset with
keuangan yang memiliki karakteristik risiko similar credit risk characteristics and
kredit yang serupa dan menilai penurunan collectively assesses them for impairment.
nilai kelompok tersebut secara kolektif. Akun Accounts that are individually assessed for
yang penurunan nilainya dinilai secara impairment and for which an impairment
individual, dan untuk itu kerugian penurunan loss is or continues to be recognised are not
nilai diakui atau tetap diakui, tidak termasuk included in a collective assessment of 413
dalam penilaian penurunan nilai secara impairment.
kolektif.
Nilai tercatat aset tersebut dikurangi melalui The carrying amount of the asset is reduced
akun cadangan kerugian penurunan nilai through the use of an allowance account
dan beban kerugian diakui pada laba rugi. and the amount of the loss is recognised in
Jika pinjaman yang diberikan atau investasi the profit or loss. If a loan or held to maturity
dimiliki hingga jatuh tempo memiliki suku investment has a variable interest rate, the
bunga variabel, maka tingkat diskonto yang discount rate for measuring any impairment
digunakan untuk mengukur setiap kerugian loss is the current effective interest rate
penurunan nilai adalah suku bunga efektif determined under the contract.
terkini yang berlaku yang ditetapkan dalam
kontrak.
Perhitungan nilai kini dari estimasi arus kas The calculation of the present value of the
masa datang atas aset keuangan dengan estimated future cash flows of a collateralised
mencerminkan arus kas yang dapat financial asset reflects the cash flows that may
dihasilkan dari pengambilalihan agunan result from foreclosure less costs for obtaining
dikurangi biaya-biaya untuk memperoleh and selling the collateral, whether or not
dan menjual agunan, terlepas apakah foreclosure is probable.
pengambilalihan tersebut berpeluang terjadi
atau tidak.
Untuk tujuan evaluasi penurunan nilai For the purpose of a collective evaluation of
secara kolektif, aset keuangan impairment, financial assets are grouped on
dikelompokkan berdasarkan kesamaan the basis of similar credit risk characteristics
karakteristik risiko kredit seperti such as considering credit segmentation and
mempertimbangkan segmentasi kredit dan past due status.
status tunggakan.
53
Financial Statements 2020
Karakteristik yang dipilih adalah relevan Those characteristics are relevant to the
dengan estimasi arus kas masa datang estimation of future cash flows for groups of
dari kelompok aset tersebut yang such assets which indicate debtors or
mengindikasikan kemampuan debitur
atau pihak lawan untuk membayar according to the contractual terms of the
seluruh saldo terutang sesuai persyaratan assets being evaluated.
kontrak dari aset yang dievaluasi.
Bank menggunakan statistical model The Bank uses statistical model analysis
analysis method, yaitu roll rates dan method, namely roll rates and migration
migration analysis method untuk penilaian analysis methods for financial assets
414 penurunan nilai aset keuangan yang impairment which collectively assessed.
ditinjau secara kolektif.
2020 Annual Report PT Bank BTPN Tbk
Ketika pinjaman yang diberikan tidak When a loan receivable is uncollectible, the
tertagih, aset tersebut dihapusbuku asset is written-off against the related
dengan menjurnal balik cadangan allowance for impairment losses. Such
kerugian penurunan nilai. Aset tersebut assets are written-off after all necessary
dapat dihapusbuku setelah semua procedures have been completed and the
prosedur yang diperlukan telah dilakukan amount of the loss has been determined.
dan jumlah kerugian telah ditentukan.
Jika, pada periode berikutnya, jumlah If, in a subsequent period, the amount of the
kerugian penurunan nilai berkurang dan impairment loss decreases and the decrease
pengurangan tersebut dapat dikaitkan can be related objectively to an event
secara obyektif pada peristiwa yang occurring after the impairment was
terjadi setelah penurunan nilai diakui recognised (such as an improvement in the
(seperti meningkatnya peringkat kredit
debitur), maka kerugian penurunan nilai recognised impairment loss is reversed by
yang sebelumnya diakui harus dipulihkan, adjusting the allowance account. The
dengan menyesuaikan akun cadangan. amount of the reversal is recognised in the
Jumlah pemulihan aset keuangan diakui current year profit or loss.
pada laba rugi tahun berjalan.
54
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
i.2. Aset keuangan yang diukur pada nilai i.2. Financial assets measured at fair value
wajar melalui penghasilan komprehensif through other comprehensive income
lain dan tersedia untuk dijual and available for sale
Kebijakan berlaku mulai tanggal Policy applicable from 1 January 2020 415
1 Januari 2020
Pengukuran ECL untuk aset keuangan The ECL measurement for debt instrument
55
Financial Statements 2020
metode migration analysis, Entitas Anak analysis method, the Subsidiary determines
menentukan tingkat kerugian dari portofolio the loss rate of the portfolio from the period
selama periode antara terjadinya peristiwa between the occurrence of an default event
gagal bayar dengan saat kerugian and the identification of a loss for each
teridentifikasi untuk setiap portofolio yang identified portfolio witthin 12 months.
teridentifikasi dalam jangka waktu 12 bulan. Impairment losses on murabahah
Kerugian penurunan nilai atas piutang receivables are measured at the difference
murabahah diukur sebesar selisih antara between the carrying amount of the
nilai tercatat piutang murabahah dengan murabahah receivables and present value
nilai kini estimasi arus kas masa datang of estimated future cash flows discounted at
yang didiskonto menggunakan tingkat
imbal hasil efektif awal dari piutang effective rate of return.
murabahah tersebut.
Metode vintage analysis digunakan untuk The vintage analysis method is used to
menentukan kerugian penurunan nilai dari determine the impairment loss of
nasabah yang telah direstrukturisasi. Pada restructured customers. In the vintage
metode vintage analysis, Entitas Anak analysis method, the Subsidiary uses the
menentukan tingkat kerugian berdasarkan loss rate based on the Subsidiary
pengalaman Entitas Anak atas nasabah experience of previous restructured
yang diretrukturisasi sebelumnya dari customers from the retructuring date until
tanggal restrukturisasi sampai dengan the financing receivables were paid-off or
piutang pembiayaan tersebut lunas atau written-off.
dihapusbukukan.
Ketika pembiayaan yang diberikan tidak When a financing is uncollectible, it is
tertagih, pembiayaan tersebut dihapusbuku written-off against the related allowance for
dengan menjurnal balik cadangan kerugian impairment losses. Such financing is
penurunan nilai. Pembiayaan tersebut written-off after all necessary procedures
dapat dihapusbuku setelah semua have been completed and the amount of the
prosedur yang diperlukan telah terpenuhi loss has been determined.
dan jumlah kerugian telah ditentukan.
Penerimaan kembali atas pembiayaan Subsequent recoveries of financing written
yang telah dihapusbukukan pada tahun off in the current year are credited to the
berjalan dikreditkan pada akun provision for allowance for impairment
pembentukan cadangan kerugian losses account. Subsequent recoveries of
penurunan nilai. Penerimaan kembali atas financing written off in previous year are
pembiayaan yang telah dihapusbukukan recognised as other operating income.
pada tahun sebelumnya dicatat sebagai
pendapatan operasi lainnya.
56
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
j. Giro pada Bank Indonesia dan bank-bank j. Current accounts with Bank Indonesia and
lain other banks
Setelah pengakuan awal, giro pada Bank Subsequent to initial recognition, current
Indonesia dan bank-bank lain diukur pada accounts with Bank Indonesia and other banks
biaya perolehan diamortisasi dengan are measured at amortised cost using the
menggunakan metode suku bunga efektif. effective interest rate method.
Giro pada Bank Indonesia termasuk giro Current accounts with Bank Indonesia include
wadiah Entitas Anak yang disajikan sebesar wadiah current accounts
biaya perolehan. Giro pada bank-bank lain which are stated at acquisition cost. Current
termasuk giro pada bank-bank lain Entitas accounts with other banks include the
Anak yang dinyatakan sebesar saldo giro Subsidiary s current accounts with other banks
dikurangi dengan cadangan kerugian which are stated at their outstanding balances,
penurunan nilai. net of allowance for impairment losses.
k. Penempatan pada Bank Indonesia dan k. Placements with Bank Indonesia and other
bank-bank lain banks
417
Setelah pengakuan awal, penempatan pada Subsequent to initial recognition, placements
Bank Indonesia dan bank-bank lain disajikan with Bank Indonesia and other banks are stated
Penempatan pada Bank Indonesia termasuk Placements with Bank Indonesia includes
penanaman dana pada Bank Indonesia berupa placements of funds with Bank Indonesia in the
Fasilitas Simpanan Bank Indonesia form of Bank Indonesia Deposit Facilities
dan Bank Indonesia Sharia Certificates
call money. SBIS merupakan sertifikat yang and call money. SBIS is certificate
diterbitkan Bank Indonesia sebagai bukti issued by Bank Indonesia as a proof of short-
penitipan dana berjangka pendek dengan akad term fund deposits under jualah agreements.
masing-masing adalah jualah. Penempatan Placements of FASBI, SBIS and call money are
pada FASBI, SBIS dan call money disajikan stated at acquisition cost.
sebesar biaya perolehan.
l. Efek-efek l. Securities
Indonesia, sukuk korporasi, Surat Berharga Indonesia Sukuk, corporate sukuk, Sovereign
Syariah Negara, reksa dana syariah, obligasi Sharia Securities, sharia mutual funds,
pemerintah yang diperdagangkan di pasar government bonds traded in the money market
uang dan pasar modal, dan wesel ekspor. and capital market, and export bills.
Efek-efek (selain obligasi syariah-sukuk, SIMA, Securities (other than sharia bonds-sukuk,
reksadana syariah, dan surat berharga lainnya SIMA, sharia mutual funds and other securities
berdasarkan prinsip syariah) pada awalnya based on sharia principles) are initially
dinilai berdasarkan nilai wajar ditambah measured at fair value plus directly attributable
dengan biaya transaksi yang dapat transaction costs and subsequent
diatribusikan secara langsung dan pengukuran measurement will depend on their
selanjutnya tergantung pada klasifikasinya. classification. Refer to Note 2h for the
Lihat Catatan 2h untuk kebijakan akuntansi accounting policy of financial assets measured
aset keuangan diukur pada nilai wajar melalui at fair value through profit or loss, fair value
laba rugi, penghasilan komprehensif lain dan through other comprehensive income and
biaya perolehan diamortisasi. amortised cost.
57
Financial Statements 2020
Premi dan/atau diskonto diamortisasi dan Premium and/or discount is amortised and
dilaporkan sebagai pendapatan bunga dengan reported as interest income using the effective
menggunakan metode suku bunga efektif. interest method.
Surat berharga syariah adalah surat bukti Sharia securities are proof of investments
investasi berdasarkan prinsip syariah yang based on sharia principles that are commonly
lazim diperdagangkan di pasar uang syariah traded in the sharia money market and/or
dan/atau pasar modal syariah antara lain sharia capital markets, including sharia bonds
obligasi syariah (sukuk), SIMA, reksa dana (sukuk), SIMA, sharia mutual funds and other
syariah dan surat berharga lainnya securities based on sharia principles.
berdasarkan prinsip syariah.
Bank dan Entitas Anak menentukan klasifikasi The Bank and Subsidiary determine the
investasi pada sukuk dan efek lain berprinsip classification of investments in sukuk and
syariah yang mempunyai karakteristik yang other securities under sharia principles which
serupa dengan sukuk, sesuai dengan PSAK have similar characteristic with sukuk, in
accordance with PSAK No. 110 (2015
Revision
418 follows:
1) Diukur pada biaya perolehan. Investasi 1) Measured at acquisition cost. The
tersebut dimiliki dalam suatu model usaha investment is held in a business model
2020 Annual Report PT Bank BTPN Tbk
yang bertujuan utama untuk memperoleh whereby the primary goal is to collect
arus kas kontraktual dan terdapat contractual cash flows and has contractual
persyaratan kontraktual dalam terms in determining the specific date of
menentukan tanggal tertentu atas principal payments and or the margin. At
pembayaran pokok dan atau hasilnya. the initial recognition, investments in sukuk
Pada saat pengakuan awal, investasi pada are measured at acquisition cost plus
sukuk diukur pada biaya perolehan directly attributable transaction costs.
termasuk biaya transaksi yang dapat Subsequent to initial recognition,
diatribusikan secara langsung untuk investments in sukuk are stated at
perolehan investasi tersebut. Setelah acquisition cost, plus unamortised portion
pengakuan awal, investasi pada sukuk of transaction costs that are amortised
dinyatakan sebesar biaya perolehan, using straight-line method, minus
ditambah biaya transaksi yang belum allowance for impairment losses, if any.
diamortisasi dengan menggunakan
metode garis lurus, dikurangi cadangan
kerugian penurunan nilai, jika ada.
2) Diukur pada nilai wajar melalui 2) Measured at fair value through other
penghasilan komprehensif lain. Investasi comprehensive income. The investment is
tersebut dimiliki dalam suatu model usaha held in a business model whereby the
yang bertujuan utama untuk memperoleh primary goal is to obtain contractual cash
arus kas kontraktual dan melakukan flows and to sell the sukuk, and has
penjualan sukuk, dan terdapat persyaratan contractual terms in determining the specific
kontraktual dalam menentukan tanggal date of principal payments and/or the
tertentu atas pembayaran pokok dan/atau results.
hasilnya.
Pada saat pengakuan awal, investasi pada At the initial recognition, investments in
sukuk diukur pada biaya perolehan sukuk are measured at acquisition cost plus
termasuk biaya transaksi yang dapat directly attributable transaction costs.
diatribusikan secara langsung untuk Subsequent to initial recognition,
perolehan investasi tersebut. Setelah investments in sukuk are stated at fair value.
pengakuan awal, investasi pada sukuk All changes in fair value are recognised in
dicatat sebesar nilai wajar. Seluruh other comprehensive income. When sukuk
perubahan nilai wajar diakui pada is derecognised, accumulated gain or loss
penghasilan komprehensif lain. Ketika which has previously recognised in other
investasi sukuk dihentikan pengakuannya, comprehensive income is reclassified to
akumulasi keuntungan atau kerugian yang profit or loss.
sebelumnya diakui dalam penghasilan
komprehensif lain dipindahkan ke laba
rugi.
58
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
3) Diukur pada nilai wajar melalui laba rugi. 3) Measured at fair value through profit or
Pada saat pengakuan awal, investasi pada loss. At the initial recognition, investments
sukuk diukur pada biaya perolehan tidak in sukuk are measured at acquisition cost
termasuk biaya transaksi. Biaya transaksi excluding transaction costs. Transaction
langsung diakui pada laba rugi. Setelah costs are directly recognised in profit or
pengakuan awal, investasi pada sukuk loss. Subsequent to initial recognition,
dicatat sebesar nilai wajar. Seluruh investments in sukuk are stated at fair
perubahan nilai wajar diakui pada laba rugi value. All changes in fair value are
tahun berjalan. recognised in the current year profit or loss.
Investasi dalam unit reksa dana syariah Investment in sharia mutual funds are
dinyatakan sebesar nilai wajar yang ditentukan presented at fair value which is measured
berdasarkan nilai aset bersih dari reksa dana based on net asset value of mutual funds at
pada tanggal pelaporan. Seluruh perubahan reporting date. All changes in net asset value
nilai aset bersih diakui pada penghasilan are recognised in other comprehensive
komprehensif lain. income.
m. Tagihan dan liabilitas derivatif m. Derivative receivables and payables
419
Dalam melakukan usaha bisnisnya, Bank In the normal course of business, the Bank
melakukan transaksi instrumen keuangan enters into transactions involving derivative
derivatif seperti swap mata uang asing, cross financial instruments such as foreign currency
Tagihan akseptasi disajikan sebesar biaya Acceptance receivables are stated at amortised
perolehan diamortisasi dengan menggunakan cost using the effective interest rate method less
metode suku bunga efektif dikurangi cadangan allowance for impairment losses, where
kerugian penurunan nilai, jika diperlukan. appropriate.
Liabilitas akseptasi pada awalnya diakui Acceptance payables are recognised initially at
sebesar nilai wajar dan selanjutnya diukur pada fair value and subsequently measured at
biaya perolehan diamortisasi dengan amortised cost using the effective interest rate
menggunakan metode suku bunga efektif. method.
Pinjaman yang diberikan adalah penyediaan Loans represent disbursement of cash or cash
uang atau tagihan yang dapat disetarakan equivalent based on agreements with
dengan kas, berdasarkan persetujuan atau borrowers, where borrowers are required to
kesepakatan pinjam-meminjam dengan debitur repay their debts with interest after a specified
yang mewajibkan debitur untuk melunasi utang period.
berikut bunganya setelah jangka waktu
tertentu.
59
Financial Statements 2020
Pembiayaan bersama dicatat sesuai dengan Joint financing is recorded according to the
porsi kredit yang risikonya ditanggung oleh proportion of risks borne by the Bank and
Bank, dan dinyatakan sebesar biaya perolehan stated at amortised cost.
diamortisasi.
Pinjaman yang diberikan diklasifikasikan Loans are classified as amortised cost. Refer to
sebagai biaya perolehan diamortisasi. Lihat Note 2h for the accounting policy of amortised
Catatan 2h untuk kebijakan akuntansi cost.
mengenai biaya perolehan diamortisasi.
Termasuk dalam pinjaman yang diberikan Included in the loans are sharia financing/
adalah pembiayaan/piutang syariah yang receivables which consist of murabahah
terdiri dari piutang murabahah, pembiayaan receivables, musyarakah financing and qardh
musyarakah dan pinjaman qardh. financing.
Murabahah adalah akad jual beli antara Murabahah is a sale and purchase contract
420 nasabah dengan Entitas Anak, dimana Entitas between the customer and the Subsidiary,
Anak membiayai kebutuhan barang untuk whereby the Subsidiary finances the goods for
konsumsi, investasi dan modal kerja nasabah, consumption, investment and working capital
yang dijual dengan harga pokok ditambah needs of the customer, sold with a principle
2020 Annual Report PT Bank BTPN Tbk
dengan marjin yang diketahui dan disepakati price plus a certain margin that is mutually
bersama. Pembayaran atas pembiayaan ini informed and agreed. Repayment on this
dilakukan dengan cara mengangsur dalam financing is made in installments within a
jangka waktu yang ditentukan. specified period.
Piutang murabahah pada awalnya diukur pada Murabahah receivables are initially measured
nilai bersih yang dapat direalisasi ditambah at net realisable value plus directly attributable
dengan biaya transaksi yang dapat transaction costs and additional costs to obtain
diatribusikan secara langsung dan biaya the respective murabahah receivables.
tambahan untuk memperoleh piutang Subsequent to the initial recognition, they are
murabahah tersebut. Setelah pengakuan awal, measured at amortised cost using the effective
piutang murabahah diukur pada biaya rate of return method less deferred margin
perolehan diamortisasi menggunakan metode income and allowance for impairment losses.
imbal hasil efektif dikurangi pendapatan margin
yang ditangguhkan dan cadangan kerugian
penurunan nilai.
Pinjaman qardh adalah penyaluran dana Funds of qardh represent a distribution of funds
dengan akad qardh. with qardh agreement.
60
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
61
Financial Statements 2020
Kebijakan berlaku mulai tanggal 1 Januari Policy applicable from 1 January 2020
2020
Penyertaan saham dengan persentase Investment in shares with an ownership
kepemilikan di bawah 20% dan tidak memiliki interest below 20% and have no significant
pengaruh signifikan pada awalnya diakui influence is initially recognised at fair value
sebesar nilai wajar dan selanjutnya diukur pada and subsequently measured at fair value
nilai wajar melalui laba rugi. through profit or loss.
Dividen kas yang diterima dari penyertaan Cash dividend received from investment in
saham diakui sebagai pendapatan. shares is recognised as income.
62
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
63
Financial Statements 2020
Aset tetap, selain tanah, disusutkan selama Fixed assets, except land, are depreciated over
taksiran masa manfaat ekonomis aset tetap their expected useful lives using straight-line
dengan metode garis lurus dan diakui sebesar method and are stated at cost less accumulated
harga perolehan setelah dikurangi dengan depreciation.
akumulasi penyusutan.
Taksiran masa manfaat ekonomis aset tetap The expected useful lives of fixed assets are as
adalah sebagai berikut: follows:
Tahun/Years
Gedung 20 Buildings
Golongan I: Class I:
Kendaraan bermotor 4 Vehicles
Perlengkapan kantor 3, 4 & 8 Office equipment
Golongan II: Class II:
Kendaraan bermotor 3&5 Vehicles
Perlengkapan kantor 5&8 Office equipment
424 sesuai masa sewa/according to lease
Leasehold improvement period Leasehold improvement
2020 Annual Report PT Bank BTPN Tbk
Kendaraan bermotor yang termasuk dalam Motor vehicles classified in class I are
golongan I adalah sepeda motor sedangkan motorcycles whilst operational vehicles and
kendaraan operasional dan kendaraan dinas office vehicles for directors or commissioners
untuk direktur atau komisaris termasuk dalam are classified in class II.
golongan II.
Perlengkapan kantor yang termasuk dalam Office equipment classified as class I are
golongan I adalah mebel dan peralatan dari furniture and office equipment made from
kayu dan rotan, mesin kantor seperti mesin tik, wood, office machine such as typing machine,
mesin fotokopi, komputer, laptop, alat photocopy machine, computer, laptop,
komunikasi, alat dapur dan perlengkapan lain communication tools, kitchen set and other
seperti CCTV. Sedangkan yang termasuk equipment such as CCTV. Whilst office
dalam golongan II adalah mebel dan peralatan equipment classified as class II are furniture
dari logam seperti brankas, pendingin ruangan, and office equipment made from metal such as
dan generator listrik. safes, air conditioning and electrical generator.
Apabila aset tetap tidak digunakan lagi atau When fixed assets are no longer in use or
dijual, maka nilai perolehan dan akumulasi disposed of, their costs and the related
penyusutannya dihapuskan dari laporan accumulated depreciation are written off in the
keuangan konsolidasian. Keuntungan atau consolidated financial statements. Net gains or
losses on disposals are determined by
kerugian bersih atas pelepasan aset tetap comparing the proceeds with the carrying
ditentukan dengan membandingkan hasil yang amount and are recognised in the current year
diterima dengan nilai tercatat dan diakui pada profit or loss.
laba rugi tahun berjalan.
64
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Akumulasi biaya konstruksi bangunan serta The accumulated costs of the construction of
pemasangan peralatan kantor, dikapitalisasi buildings and the installation of office
sebagai aset dalam penyelesaian. Biaya equipment are capitalized as construction in
tersebut direklasifikasi ke akun aset tetap pada progress. These costs are reclassified to fixed
saat proses konstruksi atau pemasangan assets accounts when the construction or
selesai. Penyusutan dimulai pada saat aset installation is completed. Depreciation is
tersebut siap untuk digunakan dengan tujuan charged from the date the assets are ready for
yang diinginkan manajemen. use in the manner intended by management.
Goodwill dinyatakan sebesar nilai perolehan Goodwill is carried at cost less accumulated
dikurangi akumulasi kerugian penurunan nilai. impairment losses. Goodwill impairment
Peninjauan atas penurunan nilai pada goodwill reviews are undertaken annually or more
dilakukan setahun sekali atau lebih sering frequently if events or changes in
apabila terdapat peristiwa atau perubahan circumstances indicate a potential impairment.
keadaan yang mengindikasikan adanya potensi
penurunan nilai.
Piranti lunak memiliki masa manfaat yang Software have a finite useful life and recognised
terbatas dan diakui sebesar harga perolehan, at acquisition cost, subsequently carried at cost
selanjutnya dicatat sebesar harga perolehan less accumulated amortisation and
dikurangi akumulasi amortisasi dan kerugian accumulated impairment losses.
penurunan nilai.
Biaya yang dikeluarkan untuk memperoleh Acquired computer software licences are
lisensi piranti lunak dan mempersiapkan piranti capitalized on the basis of the costs incurred to
lunak tersebut sehingga siap untuk digunakan acquire and bring to use the specific software.
dikapitalisasi.
Biaya yang terkait dengan pemeliharaan Costs associated with maintaining software
program piranti lunak diakui sebagai beban programs are recognised as expense when
pada saat terjadinya. Biaya pengembangan incurred. Development costs that are directly
yang dapat secara langsung diatribusikan attributable to the design and testing of
dalam pembuatan dan pengujian produk piranti identifiable and unique software products
lunak yang dapat diidentifikasi dan unik yang controlled by the Bank and Subsidiary are
dikendalikan oleh Bank dan Entitas Anak diakui recognised as intangible assets.
sebagai aset takberwujud.
Biaya yang dapat diatribusikan secara Directly attributable costs that are capitalized as
langsung dikapitalisasi sebagai bagian produk part of the software product include the
piranti lunak mencakup beban pekerja software development employee costs and an
pengembang piranti lunak dan bagian overhead appropriate portion of relevant overheads.
yang relevan.
65
Financial Statements 2020
Aset lain-lain sebagian besar terdiri dari Other assets mainly ATM transaction and
transaksi ATM dan transfer, jaminan sewa, aset transfer, rental security deposits, employee
imbalan kerja, tagihan kepada asuransi, uang benefit assets, receivables from insurance
muka, persediaan keperluan kantor, dan company, advance payment, office supplies,
agunan yang diambil alih. and foreclosed collateral.
Bank dan Entitas Anak mengakui kerugian The Bank and Subsidiary recognise impairment
penurunan nilai untuk aset lain-lain apabila losses of other assets if the recoverable amount
taksiran jumlah yang dapat diperoleh kembali of the assets is lower than the carrying value.
dari suatu aset lebih rendah dari nilai At each reporting date, the Bank and Subsidiary
tercatatnya. Pada setiap tanggal pelaporan, evaluate the recoverable amount of the assets
Bank dan Entitas Anak melakukan penelaahan to determine whether there is an indication of
untuk menentukan apakah terdapat indikasi impairment. Reversal of impairment losses is
penurunan nilai. Pemulihan penurunan nilai recognised as gain in the profit or loss when
diakui sebagai keuntungan dalam laba rugi incurred.
pada saat terjadinya.
u. Simpanan nasabah dan simpanan dari bank- u. Deposits from customers and deposits from
bank lain other banks
Simpanan nasabah adalah dana yang Deposits from customers are the funds placed
dipercayakan oleh masyarakat kepada Bank by customers to the Bank and Subsidiary based
dan Entitas Anak berdasarkan perjanjian on fund deposits agreements. Included in these
penyimpanan dana. Termasuk didalamnya accounts are current accounts, saving deposits,
adalah giro, tabungan, deposito berjangka, time deposits, deposits on call and sharia
deposito on call dan simpanan nasabah deposits from customers.
berdasarkan prinsip syariah.
Simpanan nasabah berdasarkan prinsip Sharia deposits consist of wadiah demand
syariah terdiri dari giro dan tabungan wadiah. deposits and saving deposits. Wadiah demand
Giro wadiah merupakan giro wadiah yadh- deposits are wadiah yadh-dhamanah demand
dhamanah yakni titipan dana pihak lain dimana deposits in which the funds owner will get a
pemilik dana mendapatkan bonus berdasarkan bonus based on the Subsidiary
kebijakan Entitas Anak. Giro wadiah dicatat Wadiah demand deposits are stated at the
sebesar saldo titipan pemegang giro wadiah. amount entrusted by depositors. Wadiah
Tabungan wadiah merupakan simpanan pihak saving deposits represent third party funds
lain yang bisa diambil kapan saja (on call) atau which can be taken at any time (on call) or by
berdasarkan kesepakatan dimana tidak ada an agreement which required no reward except
imbalan yang disyaratkan kecuali dalam bentuk in the form of voluntary
Entitas part of the Subsidiary.
Anak.
66
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
67
Financial Statements 2020
Biaya yang dibayar untuk memperoleh fasilitas Fees paid on the establishment of loan facilities
pinjaman diakui sebagai biaya transaksi are recognised as transaction costs of the loan
pinjaman sepanjang besar kemungkinan to the extent that it is probable that some or all
sebagian atau seluruh fasilitas akan ditarik. of the facility will be drawdown. In this case, the
Dalam hal ini, biaya memperoleh pinjaman fee is deferred until the draw-down occurs. To
ditangguhkan sampai penarikan pinjaman the extent that there is no evidence that it is
terjadi. Sepanjang tidak terdapat bukti bahwa probable that some or all of the facility will be
besar kemungkinan sebagian atau seluruh drawdown, the fee is capitalised as a pre-
fasilitas akan ditarik, biaya memperoleh payment for liquidity services and amortised
pinjaman dikapitalisasi sebagai pembayaran over the period of the facility to which it relates.
dimuka untuk jasa likuiditas dan diamortisasi
selama periode fasilitas yang terkait.
428 Imbalan kerja jangka pendek diakui pada saat Short-term employee benefits are recognised
terutang kepada karyawan. when they are payable to the employees.
2020 Annual Report PT Bank BTPN Tbk
Liabilitas imbalan pascakerja dihitung sebesar The post-employment benefits liabilities are
nilai kini dari taksiran jumlah imbalan calculated at present value of estimated future
pascakerja di masa depan yang timbul dari jasa benefits that the employees have earned in
yang telah diberikan oleh karyawan tersebut return for their services in the current and prior
pada masa kini dan masa lalu. Perhitungan periods. The calculation is performed by an
dilakukan oleh aktuaris independen dengan independent actuary using the projected-unit-
metode projected-unit-credit. credit method.
Ketika imbalan pasca-kerja berubah, porsi When the benefits of a plan are changed, the
imbalan sehubungan dengan jasa yang telah portion of the benefits that relate to service by
diberikan oleh karyawan pada masa lalu, diakui employees is recognised immediately in profit
segera dalam laba rugi. Pengukuran kembali or loss. Remeasurements of the post-
liabilitas imbalan pascakerja (contohnya employment benefits liabilities (for example
keuntungan/kerugian aktuarial) diakui segera actuarial gain/loss) are recognised immediately
sebagai penghasilan komprehensif lain. as other comprehensive income.
Imbalan jangka panjang lainnya berupa cuti Other long-term benefits such as long service
berimbalan jangka panjang dihitung dengan leave are calculated using the projected unit
menggunakan metode projected unit credit dan credit method and discounted to present value.
didiskontokan ke nilai kini. Keuntungan dan Actuarial gains and losses arising from
kerugian aktuarial yang timbul dari penyesuaian experience adjustments and changes in
dan perubahan dalam asumsi-asumsi aktuarial actuarial assumption are recognised to the
diakui dalam laba rugi tahun berjalan. current year profit or loss.
Pinjaman subordinasi pada awalnya diakui Subordinated loans are recognised initially at
sebesar nilai wajar dan selanjutnya diukur pada fair value and subsequently measured at
biaya perolehan diamortisasi dengan amortised cost using the effective interest rate
menggunakan metode suku bunga efektif. method.
68
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
69
Financial Statements 2020
mereka. Nilai wajar opsi yang diberikan diakui recognised as an expense with a
sebagai beban dan dengan peningkatan pada corresponding increase in equity. The total
ekuitas. Jumlah nilai yang harus dibebankan amount to be expensed is determined by
ditentukan dengan mengacu kepada nilai wajar reference to the fair value of the options at grant
opsi pada tanggal diberikan: date:
- termasuk kinerja pasar (misalnya: harga - including any market performance
saham Bank);
price);
- tidak termasuk dampak dari jasa dan - excluding the impact of any service and
kondisi vesting yang tidak dipengaruhi non-market performance vesting
kinerja pasar (misalnya profitabilitas, target conditions (for example: profitability, sale
pertumbuhan penjualan dan tetap menjadi growth targets and remaining an employee
karyawan Bank atau Entitas Anak selama of the Bank or Subsidiary over a specified
periode waktu tertentu); dan time period); and
- termasuk dampak dari kondisi non-vesting. - including the impact of any non-vesting
conditions.
Syarat jasa dan syarat yang tidak dipengaruhi Service conditions and non-market
kinerja pasar dimasukkan di dalam asumsi performance are included in assumptions about
mengenai jumlah opsi yang diharapkan akan the number of options that are expected to vest.
menjadi hak (vest). Jumlah beban diakui The total expense is recognised over the
selama periode vesting, yaitu periode dimana vesting period, which is the period over which
seluruh kondisi vesting tertentu telah terpenuhi. all of the specified vesting conditions are to be
satisfied.
Setiap akhir periode pelaporan, Bank dan At the end of each reporting period, the Bank
Entitas Anak merevisi estimasi jumlah opsi and Subsidiary revise their estimates of the
yang diharapkan vest berdasarkan syarat jasa. number of options that are expected to vest
Selisih antara estimasi yang direvisi dengan based on the service conditions. The difference
jumlah estimasi sebelumnya, jika ada, diakui between the revised estimates and original
dalam laba rugi, dengan penyesuaian pada estimates, if any, is recognised in the profit or
ekuitas. loss, with a corresponding adjustment to equity.
Ketika opsi dieksekusi, Bank menerbitkan When the options are executed, the Bank
sejumlah saham baru atau menerbitkan issues new shares or reissue its treasury
kembali saham tresurinya (jika ada). Nilai kas shares (if any). The proceeds received, net of
yang diterima dikurangi dengan biaya transaksi any directly attributable transaction costs, are
yang dapat diatribusikan dikreditkan ke modal credited to share capital (nominal value) and
saham (nilai nominal) dan tambahan modal additional paid-in capital.
disetor.
70
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
71
Financial Statements 2020
72
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
di dalam laba rugi dengan menggunakan the effective interest rate method.
metode suku bunga efektif.
Metode suku bunga efektif adalah The effective interest rate method is a
metode yang digunakan untuk method of calculating the amortised cost
menghitung biaya perolehan diamortisasi of a financial asset or liability and of
dari aset atau liabilitas keuangan dan allocating the interest income or expense
metode untuk mengalokasikan over the relevant period. The effective
pendapatan atau beban bunga selama interest rate is the rate that exactly
periode yang relevan. Suku bunga efektif discounts estimated future cash
adalah suku bunga yang secara tepat payments or receipts through the
mendiskontokan estimasi pembayaran expected life of the financial instrument or
atau penerimaan kas di masa datang a shorter period, where appropriate, to
selama perkiraan umur dari instrumen the net carrying amount of the financial
keuangan, atau jika lebih tepat, asset or liability.
digunakan periode yang lebih singkat
untuk memperoleh nilai tercatat bersih
dari aset atau liabilitas keuangan.
73
Financial Statements 2020
ad.((Pendapatan dan beban bunga dan ad. Interest income and expense and sharia
((pendapatan syariah dan hak pihak ketiga income and third parties shares on return
((atas bagi hasil dana syirkah temporer of temporary syirkah funds (continued)
(lanjutan)
(i). Pendapatan dan beban bunga (lanjutan) (i). Interest income and expense (continued)
74
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Pendapatan marjin atas pembiayaan yang Margin income on financing facilities and
diberikan dan atas aset produktif lainnya other earning assets (placements with
(penempatan pada Bank Indonesia, Bank Indonesia, placements with other
penempatan pada bank lain dan investasi banks and investments in securities) are
pada surat berharga) akan dibagikan distributed to fund owners and the
kepada nasabah pemilik dana dan Entitas Subsidiary based on proportion of funds
Anak sesuai dengan proporsi dana yang used in the financing and other earning
dipakai dalam pembiayaan yang diberikan assets. Likewise, the available margin
dan aset produktif lainnya. Selanjutnya, income is then distributed to fund owners
pendapatan marjin yang tersedia tersebut as shahibul maal and the Subsidiary as
kemudian didistribusikan ke nasabah mudharib based on a pre-determined ratio
pemilik dana sebagai shahibul maal dan (nisbah).
Entitas Anak sebagai mudharib sesuai
porsi nisbah bagi hasil yang telah
disepakati bersama sebelumnya.
Pendapatan marjin dari pembiayaan dan Margin income from financing facilities
aset produktif lainnya yang memakai dana and other earning assets using the
Entitas Anak, seluruhnya menjadi milik Subsidiary 's funds, are entirely shared for
Entitas Anak, termasuk pendapatan dari the Subsidiary, including income from the
transaksi Entitas Anak berbasis imbalan. Subsidiary s fee-based transactions.
75
Financial Statements 2020
ae. Pendapatan provisi dan komisi ae. Fee and commission income
Pendapatan provisi dan komisi yang dapat Fees and commissions income directly
diatribusikan secara langsung kepada aktivitas attributable to lending activity are recognised as
peminjaman diakui sebagai pengurang biaya a deduction of lending cost and will be
pinjaman dan nilai tercatat atas pinjaman recognised as interest income by amortising the
tersebut akan diamortisasi sebagai pendapatan carrying value of loan using effective interest
bunga dengan menggunakan metode suku rate method.
bunga efektif.
Pada umumnya pendapatan provisi dan komisi Fees and commissions income are generally
diakui menggunakan basis akrual pada saat recognised on an accrual basis when the
jasa telah diberikan. Pendapatan provisi atas service has been provided. Loan commitment
komitmen memberikan pinjaman yang fees for loans that are likely to be drawn down
kemungkinan besar akan dicairkan (bersama- are (together with related direct costs)
sama dengan biaya transaksi lain yang terkait recognised as an adjustment to the effective
langsung) diakui sebagai penyesuaian atas interest rate on the loan.
suku bunga efektif atas pinjaman yang
diberikan.
436
Pendapatan provisi dan komisi yang tidak Fees and commissions income which are not
berkaitan dengan kegiatan pemberian kredit related to lending activities are recognised as
2020 Annual Report PT Bank BTPN Tbk
diakui sebagai pendapatan pada saat revenue on the transaction date and classified
terjadinya transaksi dan diklasifikasikan under other operating income.
sebagai pendapatan operasional lainnya.
af. Pendapatan dan beban operasional lainnya af. Other operating income and expenses
Pendapatan operasional lainnya sebagian Other operating income mainly consists of third
besar terdiri dari administrasi dana pihak party fund administration income, loan
ketiga, komisi atas pinjaman yang diberikan, commission income, recovery of loans writen-
penerimaan kembali kredit yang dihapusbuku, off, sale of investment product and early
penjualan produk investasi, dan denda termination penalty and late penalty.
pelunasan dipercepat dan keterlambatan.
Pendapatan dari komisi asuransi merupakan Insurance commission income represents the
pendapatan yang diperoleh Bank berdasarkan
persentasi tertentu dari total premi yang insurance premium paid by the Bank to
dibayarkan oleh Bank kepada perusahaan insurance company on behalf of customers.
asuransi atas nama nasabah.
Beban umum dan administrasi merupakan General and administrative expenses represent
beban yang timbul sehubungan dengan expenses related
aktivitas kantor dan operasional Bank dan office and operational activities which mainly
Entitas Anak, yang terdiri dari jasa pihak ketiga consist of service from third parties and office
dan perlengkapan kantor, beban asuransi, supplies, insurance expense, rent, amortisation
sewa, amortisasi piranti lunak, penyusutan aset of software, depreciation of fixed assets,
tetap, penyusutan aset hak guna, dan promosi depreciation of righ-of-use assets, and
dan iklan. Beban tenaga kerja meliputi beban promotion and advertising. Personnel
berupa gaji karyawan, bonus, lembur, expenses include salaries for employees,
tunjangan dan pelatihan. bonuses, overtime, allowances and training.
Seluruh penghasilan dan beban yang terjadi All of these income and expenses are recorded
dibebankan pada laporan laba rugi in the consolidated statement of profit or loss
konsolidasian pada saat terjadi. when incurred.
76
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Laba bersih per saham dasar dihitung dengan Basic earnings per share are computed by
membagi laba bersih dengan rata-rata dividing net profit with the weighted average
tertimbang jumlah saham biasa yang beredar number of ordinary shares outstanding during
pada periode berjalan. the period.
Laba bersih per saham dilusian dihitung Diluted earnings per share is calculated by
dengan membagi jumlah rata-rata tertimbang dividing the weighted average number of
saham biasa yang beredar dengan dampak ordinary shares outstanding plus the assumed
dari semua efek berpotensi saham biasa yang conversion of all dilutive potential ordinary
dilutif yang dimiliki Bank, yaitu opsi saham. shares owned by Bank, which is stock option.
Ketika opsi dieksekusi, Bank menerbitkan When the options are exercised, the Bank
sejumlah saham baru atau menerbitkan issues new shares or reissues its treasury
kembali saham treasurinya (jika ada). Nilai kas shares (if any). The proceeds received, net of
yang diterima, dikurangi dengan biaya any directly attributable transaction costs, are
transaksi yang dapat diatribusikan, dikreditkan credited to share capital (nominal value) and
ke modal saham (nilai nominal) dan agio share premium.
saham.
Kebijakan berlaku mulai tanggal 1 Januari Policy applicable from 1 January 2020
2020
Bank dan Entitas Anak telah melakukan The Bank and Subsidiary have applied
penerapan PSAK 73 yang mensyaratkan PSAK 73, which set the requirement of
pengakuan aset hak guna dan liabilitas sewa recognition a right-of-use asset and a lease
sehubungan dengan sewa yang sebelumnya liability in relation to leases which had previously
diklasifikasikan sebagai 'sewa operasi'. classified as 'operating lease'. This policy is
Kebijakan ini berlaku untuk kontrak yang applied to contracts entered into or changed, on
disepakati atau berubah, pada atau, setelah or, after 1 January 2020.
tanggal 1 Januari 2020.
Bank dan Entitas Anak sebagai penyewa The Bank and Subsidiary as a lessee
Pada tanggal insepsi suatu kontrak, Bank dan At inception of a contract, the Bank and
Entitas Anak menilai apakah suatu kontrak Subsidiary determine if a contract is, or
merupakan, atau mengandung, sewa dengan contains, a lease by considering whether the
mempertimbangkan apakah kontrak tersebut contract conveys the right to control the use of
memberikan hak untuk mengendalikan an identified asset for a period of time in
penggunaan suatu aset identifikasian selama exchange for a consideration.
suatu jangka waktu untuk dipertukarkan
dengan imbalan.
77
Financial Statements 2020
- kontrak tersebut melibatkan penggunaan - the contract involves the use of substantially
secara substansial seluruh kapasitas dari all of the capacity of an identified asset that
aset identifikasian yang secara fisik is physically distinct (as specified explicitly
berbeda (sebagaimana ditentukan secara or implicitly in the contract). If the supplier
eksplisit atau implisit dalam kontrak). Jika has a substantive substitution right, then
pemasok memiliki hak substitusi yang the asset cannot be considered as
substantif, maka aset tersebut tidak dapat identifiable;
dianggap dapat diidentifikasi;
438
- Bank dan Entitas Anak memiliki hak untuk - the Bank and Subsidiary have the right to
memperoleh secara substansial semua obtain substantially all of the economic
manfaat ekonomi dari penggunaan aset benefits from the use of the asset
2020 Annual Report PT Bank BTPN Tbk
Setelah tanggal permulaan, aset hak guna After commencement date, right-of-use asset is
diukur dengan model biaya. Aset hak guna measured using cost model. The right-of-use
selanjutnya disusutkan dengan menggunakan asset is subsequently depreciated using the
metode garis-lurus dari tanggal permulaan straight-line method from the commencement
hingga tanggal yang lebih awal antara akhir date to the earlier of the end of the useful life of
masa manfaat aset hak guna atau akhir masa the right-of-use asset or the end of the lease
sewa. Selain itu, aset hak guna secara berkala term. In addition, the right-of-use asset is
dikurangi dengan kerugian penurunan nilai, periodically reduced by impairment losses, if
jika ada, dan disesuaikan dengan pengukuran any, and adjusted for certain remeasurements
kembali liabilitas sewa. of the lease liability.
78
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Kebijakan berlaku mulai tanggal 1 Januari Policy applicable from 1 January 2020
2020 (lanjutan) (continued)
Bank dan Entitas Anak sebagai penyewa The Bank and Subsidiary as a lessee
(lanjutan) (continued)
Liabilitas sewa awalnya diukur pada nilai kini The lease liability is initially measured at the
pembayaran sewa yang belum dibayar pada present value of the lease payments that are
tanggal permulaan, didiskontokan dengan not yet paid at the commencement date,
menggunakan suku bunga implisit dalam sewa discounted using the interest rate implicit in the
atau jika suku bunga tersebut tidak dapat lease or, if that rate cannot be readily
ditentukan, digunakan suku bunga pinjaman determined, using the Bank and
inkremental Bank dan Entitas Anak. Pada incremental borrowing rate. Generally, the
umumnya, Bank dan Entitas Anak Bank and Subsidiary use their incremental
menggunakan suku bunga pinjaman borrowing rate as the discount rate.
inkremental sebagai tingkat bunga diskonto.
Pembayaran sewa yang termasuk dalam Lease payments included in the measurement 439
pengukuran liabilitas sewa terdiri dari: of the lease liability consist of:
Liabilitas sewa diukur pada biaya perolehan The lease liability is measured at amortized cost
diamortisasi menggunakan metode suku bunga using the effective interest method. It is
efektif. Liabilitas sewa diukur kembali ketika ada remeasured when there is a change in future
perubahan pembayaran sewa masa depan lease payments arising from a change in an
yang timbul dari perubahan indeks atau suku index or rate, if there is a change in the Bank
bunga, jika ada perubahan estimasi Bank dan and Subsidiary
Entitas Anak atas jumlah yang diperkirakan expected to be payable under a residual value
akan dibayar dalam jaminan nilai residual, atau guarantee, or if the Bank changes its
jika Bank mengubah penilaiannya apakah akan assessment of whether it will exercise a
mengeksekusi opsi beli, perpanjangan atau purchase, extension or termination option.
penghentian.
Ketika liabilitas sewa diukur kembali dengan When the lease liability is remeasured in this
cara ini, penyesuaian terkait dilakukan terhadap way, a corresponding adjustment is made to the
jumlah tercatat aset hak guna, atau dicatat carrying amount of the right-of-use asset, or is
dalam laba rugi jika jumlah tercatat aset hak recorded in profit or loss if the carrying amount
guna telah berkurang menjadi nol. of the right-of-use asset has been reduced to
zero.
79
Financial Statements 2020
Bank menyewa bangunan untuk ruang kantor. The Bank leases buildings for its office. The
Sewa ruang kantor secara umum berlaku untuk leases of office space typically run for a period
periode 3 - 10 tahun. Beberapa sewa termasuk of 3 - 10 years. Some leases include an option
opsi untuk memperbaharui periode sewa to renew the lease for an additional period of the
dengan tambahan durasi yang sama setelah same duration after the end of the contract term.
kontrak berakhir. Bank juga menyewa The Bank also leases vehicles and equipment
kendaraan dan peralatan dengan periode with contract terms of 2 - 5 years, apartments
kontrak 2 - 5 tahun, apartemen dan rumah dinas and employee residences with contract terms of
2 years and IT equipment and machinery with
dengan periode kontrak 2 tahun, dan peralatan
contract terms of 3 - 5 years.
440 IT dan mesin dengan periode kontrak 3 - 5
tahun.
Entitas Anak menyewa bangunan untuk ruang The Subsidiary leases buildings for its office.
2020 Annual Report PT Bank BTPN Tbk
kantor. Sewa ruang kantor secara umum The leases of office space typically run for a
berlaku untuk periode 3 - 10 tahun. Beberapa period of 3 - 10 years. Some leases include an
sewa termasuk opsi untuk memperbaharui option to renew the lease for an additional
periode sewa dengan tambahan durasi yang period of the same duration after the end of the
sama setelah kontrak berakhir. Entitas Anak contract term. The Subsidiary also leases
juga menyewa kendaraan dan peralatan vehicles and equipment with contract terms of
dengan periode kontrak 3 - 5 tahun dan 3 - 5 years and IT equipment and machinery
peralatan IT dan mesin dengan periode kontrak with contract terms of 3 - 5 years.
3 - 5 tahun.
Bank dan Entitas Anak memilih untuk tidak The Bank and Subsidiary have elected not to
mengakui aset hak guna dan liabilitas sewa recognize right-of-use assets and lease
untuk sewa jangka pendek yang memiliki masa liabilities for short-term leases that have a lease
sewa 12 bulan atau kurang dan sewa atas aset term of 12 months or less and leases of low-
bernilai rendah. Bank dan Entitas Anak value assets. The Bank and Subsidiary
mengakui pembayaran sewa atas sewa recognize the leases payments associated with
tersebut sebagai beban dengan dasar garis these leases as an expense on a straight-line
lurus selama masa sewa. Nilai tercatat aset hak basis over the lease term. The right-of-
guna segera diturunkan menjadi sebesar carrying amount is written down immediately to
jumlah yang dapat dipulihkan ketika nilai
tercatat aset lebih besar dari estimasi jumlah carrying amount is greater than its estimated
yang dapat dipulihkan. recoverable amount.
Bank dan Entitas Anak mencatat modifikasi The Bank and Subsidiary account for a lease
sewa sebagai sewa terpisah jika: modification as a separate lease if both:
- modifikasi meningkatkan ruang lingkup - the modification increases the scope of the
sewa dengan menambahkan hak untuk lease by adding the right to use one or
menggunakan satu aset pendasar atau more underlying assets; and
lebih; dan
- imbalan sewa meningkat sebesar jumlah - the consideration for the lease increases
yang setara dengan harga tersendiri untuk by an amount commensurate with the
peningkatan dalam ruang lingkup dan stand-alone price for the increase in scope
penyesuaian yang tepat pada harga and any appropriate adjustments to that
tersendiri tersebut untuk merefleksikan stand-alone price to reflect the
kondisi kontrak tertentu. circumstances of the particular contract.
80
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Kebijakan berlaku mulai tanggal 1 Januari Policy applicable from 1 January 2020
2020 (lanjutan) (continued)
Bank dan Entitas Anak sebagai penyewa The Bank and Subsidiary as a lessee
(lanjutan) (continued)
Untuk modifikasi sewa yang tidak dicatat For a lease modification that is not accounted
sebagai sewa terpisah, pada tanggal efektif for as a separate lease, at the effective date of
modifikasi sewa, Bank dan Entitas Anak: the lease modification, the Bank and
Subsidiary:
- menentukan masa sewa dari sewa - determine the lease term of the modified 441
modifikasian; lease;
- menurunkan jumlah tercatat aset hak guna - decrease the carrying amount of the right
untuk merefleksikan penghentian of- use asset to reflect the partial or full
sebagian atau seluruh sewa untuk termination of the lease for lease
modifikasi sewa yang menurunkan ruang modifications that decrease the scope of
lingkup sewa. Bank dan Entitas Anak the lease. The Bank and Subsdiary
mengakui dalam laba rugi setiap laba rugi recognize in profit or loss any gain or loss
yang terkait dengan penghentian sebagian relating to the partial or full termination of
atau seluruh sewa tersebut; dan the lease; and
81
Financial Statements 2020
Transaksi sewa yang dilakukan Bank dan The lease transaction entered into by the Bank
Entitas Anak diklasifikasikan sebagai sewa and Subsidiary was classified as an operating
operasi jika tidak terdapat pengalihan secara lease it does not transfer substantially all the
subtansial seluruh risiko dan manfaat yang risks and rewards incidental to ownership.
terkait dengan kepemilikan aset. Pembayaran Lease payment is recognized as an expense on
sewa diakui sebagai beban dengan garis lurus a straight-line basis over the lease term. All
selama masa sewa. Seluruh insentif untuk incentives for the agreement of a new or
perjanjian sewa operasi baru atau yang renewal operating lease are recognized as an
diperbarui diakui sebagai bagian tidak intergral part of the net consideration agreed for
terpisahkan dari imbalan neto yang disepakati the use of the leased asset, irrespective of the
untuk menggunakan aset sewaan, terlepas
dari sifat atau bentuk insentif atau waktu payments. The Bank and Subsidiary recognize
442 pembayaran. Bank dan Entitas Anak mengakui the aggregate benefit of incentives as a
manfaat agregat dari insentif sebagai reduction of rental expense over the lease term,
pengurang beban sewa selama masa sewa on a straight-line basis.
2020 Annual Report PT Bank BTPN Tbk
Nilai wajar adalah harga yang akan diterima Fair value is the price that would be received to
untuk menjual suatu aset atau harga yang akan sell an asset or paid to transfer a liability in an
dibayar untuk mengalihkan suatu liabilitas orderly transaction between market participants
dalam transaksi teratur antara pelaku pasar at the measurement date in the principal market
pada tanggal pengukuran di pasar utama atau, or, in its absence, the most advantageous
jika tidak terdapat pasar utama, di pasar yang market to which the Bank and Subsidiary have
paling menguntungkan dimana Bank dan access at that date. The fair value of a liability
Entitas Anak memiliki akses pada tanggal reflects its non-performance risk.
tersebut. Nilai wajar liabilitas mencerminkan
risiko wanprestasinya.
Jika tersedia, Bank dan Entitas Anak mengukur When available, the Bank and Subsidiary
nilai wajar di pasar aktif untuk instrumen measure the fair value in an active market for
tersebut. Suatu pasar dianggap aktif jika that instrument. A market is regarded as active
transaksi atas aset dan liabilitas terjadi dengan if transactions for the asset or liability take place
frekuensi dan volume yang memadai untuk with sufficient frequency and volume to provide
menyediakan informasi penentuan harga pricing information on an ongoing basis.
secara berkelanjutan.
Jika harga kuotasian tidak tersedia di pasar If there is no quoted price in an active market,
aktif, Bank dan Entitas Anak menggunakan then the Bank and Subsidiary use valuation
teknik penilaian dengan memaksimalkan techniques that maximise the use of relevant
penggunaan input yang dapat diobservasi yang observable inputs and minimise the use of
relevan dan meminimalkan penggunaan input unobservable inputs. The chosen valuation
yang tidak dapat diobservasi. Teknik penilaian technique incorporates all of the factors that
yang dipilih menggabungkan semua faktor market participants would take into account in
yang diperhitungkan oleh pelaku pasar dalam pricing a transaction.
penentuan harga transaksi.
82
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
aj. Pengukuran nilai wajar (lanjutan) aj. Fair value measurement (continued)
Bukti terbaik atas nilai wajar pada saat The best evidence of the fair value at initial
pengakuan awal adalah harga transaksi, yaitu recognition is normally the transaction price,
nilai wajar dari pembayaran yang diberikan i.e., the fair value of the consideration given or
atau diterima. Jika Bank dan Entitas Anak received. If the Bank and Subsidiary determine
menetapkan bahwa nilai wajar pada that the fair value at initial recognition differs
pengakuan awal berbeda dengan harga from the transaction price and the fair value is
transaksi dan nilai wajar tidak dapat dibuktikan evidenced neither by a quoted price in an active
dengan harga kuotasian di pasar aktif untuk market for an identical asset or liability nor
aset atau liabilitas yang identik atau based on a valuation technique that uses only
berdasarkan teknik penilaian yang hanya data from observable markets, then the
menggunakan data dari pasar yang dapat financial instrument is initially measured at fair
diobservasi, maka nilai wajar instrumen value, adjusted to defer the difference between
keuangan pada saat pengakuan awal the fair value at initial recognition and the
disesuaikan untuk menangguhkan perbedaan transaction price. Subsequently, that difference
antara nilai wajar pada saat pengakuan awal is recognised in profit or loss on an appropriate
dan harga transaksi. Setelah pengakuan awal, basis over the life of the instrument but no later
perbedaan tersebut diakui dalam laba rugi than when the valuation is wholly supported by
berdasarkan umur dari instrumen tersebut observable market data or the transaction is 443
namun tidak lebih lambat dari saat penilaian closed out.
tersebut didukung sepenuhnya oleh data pasar
Jika aset atau liabilitas yang diukur pada nilai If an asset or a liability measured at fair value
wajar memiliki harga penawaran dan harga has a bid price and an ask price, then the Bank
permintaan, maka Bank dan Entitas Anak and Subsidiary measure assets and long
mengukur aset dan posisi long berdasarkan positions at a ask price and liabilities and short
harga permintaan dan mengukur liabilitas dan positions at a bid price.
posisi short berdasarkan harga penawaran.
Kelompok aset keuangan dan liabilitas Portfolios of financial assets and financial
keuangan yang diukur pada nilai wajar, yang liabilities measured at fair value, that are
terekspos risiko pasar dan risiko kredit yang exposed to market risk and credit risk that are
dikelola oleh Bank dan Entitas Anak managed by the Bank and Subsidiary on the
berdasarkan eksposur netonya baik terhadap basis of the net exposure to either market or
risiko pasar ataupun risiko kredit, diukur credit risk, are measured on the basis of a price
berdasarkan harga yang akan diterima untuk that would be received to sell a net long position
menjual posisi net long (atau dibayar untuk (or paid to transfer a net short position) for a
mengalihkan posisi net short) untuk eksposur particular risk exposure. Those portfolio-level
risiko tertentu. Penyesuaian pada level adjustments are allocated to the individual
kelompok tersebut dialokasikan pada aset dan assets and liabilities on the basis of the relative
liabilitas individual berdasarkan penyesuaian risk adjustment of each of the individual
risiko relatif dari masing-masing instrumen instruments in the portfolio.
individual di dalam kelompok.
Informasi mengenai asumsi dan ketidakpastian Information about the assumptions and estimation
estimasi dijelaskan di bawah ini dan pada catatan- uncertainties is set out below and in the following
catatan di bawah ini: notes:
83
Financial Statements 2020
Bank dan Entitas Anak melakukan peninjauan The Bank and Subsidiary review their financial
kembali atas aset keuangan pada setiap assets at reporting date to evaluate the
tanggal pelaporan untuk melakukan penilaian allowance for impairment losses.
atas cadangan penurunan nilai yang telah
dicatat. Pertimbangan manajemen diperlukan estimation when determining the level of
dalam menentukan tingkat cadangan yang allowance required.
dibutuhkan.
Bank Bank
Kebijakan berlaku mulai tanggal 1 Januari Policy applicable from 1 January 2020
2020
Sesuai dengan PSAK 71, Bank mengestimasi In accordance with PSAK 71, the Bank
pinjaman yang diberikan. Estimasi ECL loans. The ECL estimation involves use of
444 melibatkan penggunaan model dan asumsi models and assumptions which are the key
yang merupakan sumber utama ketidakpastian sources of estimation uncertainty.
dalam estimasi.
2020 Annual Report PT Bank BTPN Tbk
Penilaian risiko kredit dari portofolio aset The assessment of credit risk of an asset
memerlukan estimasi mengenai kemungkinan portfolio entails further estimations as to the
terjadinya gagal bayar, dari rasio kerugian yang likelihood of defaults occurring, of the
terkait dan korelasi gagal bayar antar pihak. associated loss ratios and of default
Bank mengukur menggunakan model yang correlations between counterparties. The Bank
kompleks yang menggunakan matriks primarily uses sophisticated models that utilize
Probability of Default (PD), Loss Given Default the Probability of Default (PD), Loss Given
(LGD) dan Exposure at Default (EAD), dan Default (LGD) and Exposure at Default (EAD),
variable makroekonomi untuk estimasi yang and macroeconomic variables for forward
bersifat perkiraan masa depan, yang looking perspective, which are discounted
didiskontokan menggunakan suku bunga using the effective interest rate, as described as
efektif, yang dapat dijelaskan sebagai berikut: follows:
84
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Kebijakan berlaku mulai tanggal 1 Januari Policy applicable from 1 January 2020
2020 (lanjutan) (continued)
- EAD merupakan perkiraan nilai eksposur - EAD represents the expected exposure at
pada saat gagal bayar dengan the time of default, taking into account that
mempertimbangkan perubahan eksposur expected change in exposure over the
yang diharapkan selama masa eksposur. lifetime of the exposure. This incorporates
EAD memperhitungkan dampak penarikan the impact of drawdowns of committed
fasilitas kredit (committed) yang dilakukan, facilities, repayments of principals and
pembayaran pokok dan bunga, amortisasi interest, amortisation and prepayments,
dan pembayaran dimuka, serta dampak together with the impact of forward looking
dari asumsi ekonomi di masa depan yang economic assumptions where relevant, 445
relevan, yang dipilih berdasarkan which are chosen based on the collation of
pengumpulan data makroekonomi yang macroeconomics data obtained from
diperoleh dari berbagai sumber seperti, various sources such as, but not limited to,
Dalam menentukan probabilitas tertimbang dari In determining the probability weighted of each
skenario yang akan terjadi di masa depan, scenario that will occur in the future, the Bank
Bank telah melakukan analisis berdasarkan has conducted an analysis based on historical
informasi historis PDB yang meliputi insiden GDP information which includes the major
besar yang terjadi pada rentang waktu 36 tahun incident that happened in the last 36 years.
terakhir.
85
Financial Statements 2020
Kebijakan berlaku mulai tanggal 1 Januari Policy applicable from 1 January 2020
2020 (lanjutan) (continued)
Bank menerapkan tiga skenario makroekonomi The Bank applied the following three
berikut untuk mencerminkan jumlah yang tidak macroeconomic scenarios to reflect an
bias dan probabilitas tertimbang yang unbiased probability-weighted range of
ditentukan dengan mengevaluasi serangkaian possible future outcomes in estimating ECL:
hasil yang kemungkinan dapat terjadi dalam
mengestimasi ECL:
- Skenario Dasar: Skenario ini - Base scenario: This scenario reflects that
mencerminkan bahwa kondisi current macroeconomic conditions
446 makroekonomi saat ini terus berlanjut; continue to prevail; and
dan
- Skenario Terbaik dan Terburuk: Skenario - Best and Worst scenarios: These
2020 Annual Report PT Bank BTPN Tbk
ini ditetapkan relative terhadap skenario scenarios are set relative to the base
dasar; mencerminkan kondisi scenario; reflecting best and worstcase
makroekonomi terbaik dan terburuk macroeconomic conditions based on
berdasarkan kombinasi pendekatan combination of statistical approach and
statistik dan penilaian dari subject matter
expert berdasarkan kondisi ekonomi saat current economic conditions.
ini.
Perhitungan ECL dilakukan dengan The ECL calculation is done by segmenting the
mengelompokkan portofolio kredit ke dalam credit portfolio into 8 categories for retail loans
8 kategori untuk pinjaman ritel dan 1 kategori and 1 category for corporate loans.
untuk pinjaman korporasi.
Asumsi yang mendasari perhitungan ECL akan The assumptions underlying the ECL
dipantau dan ditinjau setiap tahun. Tidak ada calculation are monitored and reviewed on
perubahan signifikan dalam teknik estimasi annual basis. There have been no significant
yang dibuat selama periode pelaporan. Dalam changes on estimation techniques made during
menanggapi dampak pandemi COVID-19, the reporting period. In response to the
Bank telah memperbarui variabel COVID-19 pandemic, the Bank has updated
makroekonomi seperti dijelaskan dalam the macroeconomic variables as described in
Catatan 42. Note 42.
86
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Cadangan kerugian penurunan nilai aset Allowance for impairment losses of financial
keuangan (lanjutan) assets (continued)
Kebijakan berlaku mulai tanggal 1 Januari Policy applicable from 1 January 2020
2020 (lanjutan) (continued)
Khusus untuk pinjaman korporasi dan SME Specifically for corporate and certain material
tertentu yang material, ketika pinjaman yang SME loans, when the loans have been
diberikan mengalami penurunan nilai, impaired, the allowance for credit losses is
cadangan kerugian kredit dihitung secara calculated individually. In individual
individu. Dalam penilaian individu, kondisi assessment, the specific debtors' conditions
spesifik debitur dievaluasi secara individu are evaluated individually based on
berdasarkan estimasi terbaik manajemen atas management's best estimate of the present
nilai kini arus kas yang diharapkan akan value of the cash flows that are expected to be
diterima. Evaluasi penilaian individu atas arus received. Evaluation over the individual 447
kas yang diharapkan akan diterima ditentukan assessment is determined based on probability
berdasarkan probabilitas tertimbang beberapa weighted of multiple scenarios.
skenario.
87
Financial Statements 2020
Cadangan kerugian penurunan nilai aset Allowance for impairment losses of financial
keuangan (lanjutan) assets (continued)
Untuk penilaian secara individu, kondisi For individual assessment, the specific debtors'
spesifik penurunan nilai debitur dalam conditions in determining allowance for
pembentukan cadangan kerugian penurunan impairment amount of the financial assets is
nilai atas aset keuangan dievaluasi secara evaluated individually and is based upon
individu berdasarkan estimasi terbaik management's best estimate of the present
manajemen atas nilai kini arus kas yang value of the cash flows that are expected to be
diharapkan akan diterima. Dalam received. In estimating these cash flows,
mengestimasi arus kas tersebut, manajemen management makes judgments about the
membuat pertimbangan tentang situasi debtors' financial situation and the net
448 keuangan debitur dan nilai realisasi bersih dari realizable value of any underlying collateral.
setiap agunan. Setiap aset yang mengalami Each impaired asset is assessed on its merits
penurunan nilai dinilai sesuai dengan manfaat and the workout strategy and estimated cash
yang ada dan strategi penyelesaian serta flows considered recoverable are
2020 Annual Report PT Bank BTPN Tbk
estimasi arus kas yang diperkirakan dapat independently approved by the Business Risk
diterima disetujui secara independen oleh from each business segment.
Business Risk masing-masing segmen bisnis.
Bank juga membentuk cadangan kerugian The Bank also estimates the collective
penurunan nilai kolektif atas eksposur piutang impairment allowance for its receivables
yang diberikan, dimana evaluasi dilakukan portfolio, where evaluation is performed based
berdasarkan data kerugian historis. on historical data.
88
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Basis evaluasi atas cadangan kerugian Basis of evaluation of impairment for financial
penurunan nilai aset keuangan dan piutang assets and murabahah receivables is described 449
murabahah dijelaskan pada Catatan 2i. in Note 2i.
Penentuan nilai wajar Determining fair values
89
Financial Statements 2020
Pertimbangan akuntansi yang penting dalam Critical accounting judgments in applying the
menerapkan kebijakan akuntansi Bank dan Bank and Subsidiary
Entitas Anak (lanjutan) (continued)
Klasifikasi aset dan liabilitas keuangan serta Financial assets and liabilities as well as sharia
efek-efek syariah (lanjutan) securities classification (continued)
Karena Bank dan Entitas Anak tidak dapat Since the Bank and Subsidiary could not readily
dengan mudah menentukan suku bunga determine the implicit rate, management uses
implisit, manajemen menggunakan suku bunga the Bank and Subsidiary's incremental
pinjaman inkremental Bank dan Entitas Anak borrowing rate as a discount rate. There are a
sebagai tingkat diskonto. Ada beberapa faktor number of factors to consider in determining an
yang perlu dipertimbangkan dalam incremental borrowing rate, many of which
menentukan suku bunga pinjaman need judgement in order to be able to reliably
inkremental, yang banyak di antaranya quantify any necessary adjustments to arrive at
memerlukan pertimbangan untuk dapat secara the final discount rates.
andal mengukur penyesuaian yang diperlukan
untuk sampai pada tingkat diskonto akhir.
Dalam menentukan suku bunga pinjaman In determining incremental borrowing rate, the
inkremental, Bank dan Entitas Anak Bank and Subsidiary consider the following
mempertimbangkan faktor-faktor utama main factors; the Bank and Subsidiary's credit
sebagai berikut; risiko kredit Bank dan Entitas risk, the lease term, the lease payment term,
Anak, jangka waktu sewa, jangka waktu the economic environment, the time at which
pembayaran sewa, lingkungan ekonomi, waktu the lease is entered into, and the currency in
di mana sewa dimasukkan, dan mata uang di which the lease payments are denominated.
mana pembayaran sewa ditentukan.
90
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Pertimbangan akuntansi yang penting dalam Critical accounting judgments in applying the
menerapkan kebijakan akuntansi Bank dan Bank and Subsidiary accounting policies
Entitas Anak (lanjutan) (continued)
Dalam menentukan jangka waktu sewa, Bank In determining the lease term, the Bank and
dan Entitas Anak mempertimbangkan semua Subsidiary consider all facts and circumstances
fakta dan keadaan yang menimbulkan insentif that create an economic incentive to exercise an
ekonomi untuk menggunakan opsi extension option, or not exercise a termination
perpanjangan, atau tidak menggunakan opsi option. Extension options (or periods after
penghentian. Opsi perpanjangan (atau periode termination options) are only included in the lease
setelah opsi penghentian kontrak kerja) hanya term if the lease is reasonably certain to be
dimasukkan dalam jangka waktu sewa jika extended (or not terminated).
sewa cukup pasti akan diperpanjang (atau
tidak dihentikan).
4. KAS 4. CASH
31 Desember/December 451
2020 2019
Saldo dalam mata uang Rupiah termasuk uang The Rupiah balance includes cash in ATMs (Automatic
pada mesin ATM (Anjungan Tunai Mandiri) pada Teller Machines) as of 31 December 2020 and 2019
tanggal 31 Desember 2020 dan 2019 masing- amounting to Rp 60,950 and Rp 55,866, respectively.
masing sebesar Rp 60.950 dan Rp 55.866.
Termasuk dalam saldo giro pada Bank Indonesia Included in the balance of current accounts with Bank
adalah giro berdasarkan prinsip syariah dengan Indonesia are current accounts based on sharia
akad wadiah masing-masing sebesar Rp 378.471 principle under wadiah contract amounting to
dan Rp 458.402 pada tanggal 31 Desember 2020 Rp 378,471 and Rp 458,402 as of 31 December 2020
dan 2019. and 2019, respectively.
91
Financial Statements 2020
5. GIRO PADA BANK INDONESIA (lanjutan) 5. CURRENT ACCOUNTS WITH BANK INDONESIA
(continued)
Giro Wajib Minimum (GWM) pada tanggal As of 31 December 2020 and 2019, the statutory
31 Desember 2020 dan 2019 adalah sebagai reserves were as follows:
berikut:
31 Desember/December
2020 2019
Bank Bank
Rupiah Rupiah
- GWM (Bank Konvensional) 3.19% 6.17% Statutory Reserves (Conventional Bank) -
- GWM Penyangga Likuiditas 11.70% 9.53% Statutory Reserve Macroprudential -
Makroprudensial PLM
- GWM Rasio Intermediasi Statutory Reserve Macroprudential -
Makroprudential * - - RI *
Mata uang asing Foreign currencies
- GWM mata uang asing 4.02% 8.02% Foreign currencies reserve -
Entitas Anak Subsidiary
Rupiah Rupiah
- GWM (Bank Syariah) 3.80% 4.91% Statutory Reserves (Sharia Bank) -
*) Pada tanggal 31 Desember 2020 dan 2019 rasio RIM Bank *) On 31 December 2020 and 2019, the Bank RIM ratio is above
berada di atas batas yang ditentukan. Walaupun demikian, the specified limit. Nevertheles the Bank is not subject to the
452 Bank tidak dikenakan GWM RIM dikarenakan rasio KPMM GWM RIM is above 14%.
Bank berada di atas 14%.
No. 20/30/PADG/2018 tanggal 30 November No. 20/30/PADG/2018 dated 30 November 2018, the
2018, pemenuhan GWM Primer Rupiah rata-rata required average of Rupiah Primary Statutory
adalah sebesar 6,5% dengan pemenuhan harian Reserves is 6.5% with daily fulfillment is 3.5% and
sebesar 3,5% dan pemenuhan secara rata rata average fulfillment is 3%. This regulation has been
3%. Peraturan ini telah berlaku sejak tanggal effective since 1 December 2018.
1 Desember 2018.
Berdasarkan Peraturan Anggota Dewan Based on Board Members Regulation
No. 21/14/PADG/2019 tanggal 26 Juni 2019, No. 21/14/PADG/2019 dated 26 June 2019, the
tentang perubahan kedua atas Peraturan Anggota second amendment of the Board Members Regulation
Dewan No. 20/30/PADG/2018, pemenuhan GWM No. 20/30/PADG/2018, the required average of
Primer Rupiah rata-rata adalah sebesar 6% Rupiah Primary Statutory Reserves is 6% with daily
dengan pemenuhan harian sebesar 3% dan fulfillment is 3% and average fulfillment is 3%. This
pemenuhan secara rata rata 3%. Peraturan ini regulation has been effective since 1 July 2019.
telah berlaku sejak tanggal 1 Juli 2019.
Penyangga likuiditas makroprudensial adalah Macroprudential liquidity buffer is minimum liquidity
cadangan likuiditas minimum yang wajib dipelihara reserves that must be maintained by the Bank in the
oleh Bank dalam bentuk surat berharga yang form of securities that meet certain requirements,
memenuhi persyaratan tertentu, yang jumlahnya which the amount is determined by Bank Indonesia.
ditetapkan oleh Bank Indonesia.
Rasio Intermediasi Makroprudensial adalah Macroprudential Intermediation Ratio is the additional
tambahan simpanan minimum yang wajib reserve that should be maintained by the Bank in the
dipelihara oleh Bank dalam bentuk saldo rekening form of current accounts with Bank Indonesia, if the
giro pada Bank Indonesia, jika rasio hasil ratio of the comparison between: loans in Rupiah and
perbandingan antara: kredit yang diberikan dalam foreign currencies and corporate securities in Rupiah
rupiah dan valuta asing dan surat berharga and foreign currencies that meet certain
korporasi dalam Rupiah dan valuta asing yang requirements, which are owned by the Bank, against
memenuhi persyaratan tertentu, yang dimiliki Bank in the form of current
terhadap DPK Bank dalam bentuk giro, tabungan, accounts, savings deposits and time deposits in
dan deposito berjangka dalam rupiah dan valuta Rupiah and foreign currencies, excluding interbank
asing, tidak termasuk dana antarbank dan surat funds and securities in Rupiah and foreign currencies
berharga dalam Rupiah dan valuta asing yang that meet certain requirements issued by the Bank to
memenuhi persyaratan tertentu yang diterbitkan obtain funding sources, is below the minimum target
oleh Bank untuk memperoleh sumber pendanaan, of Bank Indonesia or if above the maximum target of
di bawah minimum target Bank Indonesia atau jika Bank Indonesia, the Capital Adequac
di atas maksimum target Bank Indonesia, is below Bank Indonesi s requirement of 14%.
Kewajiban Penyediaan
Bank lebih kecil dari KPMM Insentif Bank
Indonesia sebesar 14%.
92
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
5. GIRO PADA BANK INDONESIA (lanjutan) 5. CURRENT ACCOUNTS WITH BANK INDONESIA
(continued)
Berdasarkan Peraturan Anggota Dewan No. 21/5/ Based on Board Members Regulation
PADG/2019 tanggal 29 Maret 2019, minimum target No. 21/5/PADG/2019 dated 29 March 2019, minimum
Bank Indonesia adalah 84% (berubah dari target of Bank Indonesia is 84% (changed from
sebelumnya 80%) dan maksimum target Bank previously 80%) and maximum target of Bank
Indonesia adalah 94% (berubah dari sebelumnya Indonesia is 94% (changed from previously 92%).
92%). Peraturan ini berlaku sejak tanggal 1 Juli This regulation has been effective since 1 July 2019.
2019.
Sesuai PBI No.22/4/PBI/2020 tentang Insentif bagi As per PBI No.22/4/PBI/2020 regarding Incentives for
Bank yang Memberikan Penyediaan Dana Untuk Banks that Provide Funds for Certain Economic
Kegiatan Ekonomi Tertentu Guna Mendukung Activities to Support the Handling of Economic
Penanganan Dampak Perekonomian Akibat Wabah Impacts due to Corona Virus (COVID-19) Outbreak,
Virus Corona (COVID-19), terdapat insentif GWM there is a GWM incentive in Rupiah currency of 0.5%
dalam mata uang rupiah sebesar 0,5% jika if requirements are met.
memenuhi persyaratan.
Sesuai dengan peraturan BI mengenai giro wajib In accordance with the prevailing BI regulations
berlaku, setiap bank diwajibkan memelihara GWM sharia commercial banks, each bank is required to
dalam Rupiah secara harian sebesar 1,5%, secara maintain GWM in Rupiah on daily basis of 1.5%, with
rata-rata sebesar 3% dan total kewajiban an average of 3% and total obligation of GWM Rupiah 453
pemenuhan GWM dalam Rupiah sebesar 4,5% dari of 4.5% from third party funds.
dana pihak ketiga dalam Rupiah.
93
Financial Statements 2020
31 Desember 2020 dan 2019 diklasifikasikan lancar accounts with other banks were classified as
berdasarkan kolektibilitas OJK. Tidak terdapat saldo current based on OJK collectibility. There were no
giro pada bank-bank lain yang diblokir atau current accounts with other banks which were
digunakan sebagai agunan pada tanggal-tanggal blocked or used as collateral as of those dates.
tersebut.
Tingkat suku bunga rata-rata giro pada bank-bank The average interest rates per annum of current
lain per tahun untuk tahun-tahun yang berakhir pada accounts with other banks for the years ended
tanggal 31 Desember 2020 dan 2019 masing- 31 December 2020 and 2019 were 0.81% and
masing adalah 0,81% dan 0,87%. 0.87%, respectively.
Perubahan dalam cadangan kerugian penurunan The movement of the allowance for impairment
nilai adalah sebagai berikut: losses was as follows:
31 Desember/
31 December
2020 2019
Manajemen berpendapat bahwa cadangan kerugian Management believes that the allowance for
penurunan nilai yang dibentuk cukup untuk menutup impairment losses was adequate to cover
kemungkinan kerugian akibat penurunan nilai atas impairment losses for current accounts with other
giro pada bank-bank lain pada tanggal 31 Desember banks as of 31 December 2020.
2020.
Pada tanggal 31 Desember 2019 tidak terdapat giro As of 31 December 2019, there was no impairment
pada bank-bank lain yang mengalami penurunan on current accounts with other banks. Management
nilai. Manajemen berpendapat bahwa tidak believes that no allowance for impairment losses
diperlukan adanya cadangan kerugian penurunan was necessary.
nilai.
94
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
7. PENEMPATAN PADA BANK INDONESIA DAN 7. PLACEMENTS WITH BANK INDONESIA AND
BANK-BANK LAIN OTHER BANKS
Pada tanggal 31 Desember 2020 dan 2019, seluruh As of 31 December 2020 and 2019, all placements
penempatan pada Bank Indonesia dan bank-bank with Bank Indonesia and other banks were placed at
lain ditempatkan pada pihak ketiga. third parties.
Pada tanggal 31 Desember 2020 dan 2019, As of 31 December 2020 and 2019, total
jumlah penempatan pada Bank Indonesia dan placements with Bank Indonesia and other
bank-bank lain yang digolongkan sebagai banks that were classified as cash equivalents 455
setara kas adalah masing-masing sebesar amounted to Rp 14,482,317 and Rp 6,559,876,
Rp 14.482.317 dan Rp 6.559.876. respectively.
17,004,339 8,914,104
95
Financial Statements 2020
7. PENEMPATAN PADA BANK INDONESIA DAN 7. PLACEMENTS WITH BANK INDONESIA AND
BANK-BANK LAIN (lanjutan) OTHER BANKS (continued)
17,004,339 8,914,104
Tingkat suku bunga rata-rata per tahun atas The average interest rates per annum of
penempatan pada Bank Indonesia dan bank- placements with Bank Indonesia and other
bank lain untuk tahun-tahun yang berakhir banks for the years ended 31 December 2020
pada tanggal 31 Desember 2020 dan 2019 and 2019 were as follows:
adalah sebagai berikut:
Tahun berakhir 31 Desember/
Year ended 31 December
2020 2019
Pada tanggal 31 Desember 2020 dan 2019 tidak As of 31 December 2020 and 2019, there was
terdapat penempatan pada Bank Indonesia dan no impairment on placement with Bank
bank-bank lain yang mengalami penurunan nilai. Indonesia and other banks. Management
Manajemen berpendapat bahwa tidak believes that no allowance for impairment
diperlukan adanya cadangan kerugian losses was necessary.
penurunan nilai.
96
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
8. EFEK-EFEK 8. SECURITIES
a. Berdasarkan jenis mata uang dan penerbit a. By currency and issuer
31 Desember/December 2020
Premium
Keuntungan (diskonto) yang
(kerugian) yang belum
belum diamortisasi/
direalisasi/ Unamortised
Nilai nominal/ Unrealised gain premium Nilai tercatat/
Nominal value (loss) (discount) Carrying amount
Rupiah
Jumlah/Total 14,804,656)
Pendapatan bunga/marjin yang masih
akan diterima/Accrued
interest/margin income 215,898)
Cadangan kerugian penurunan
nilai/Allowance for impairment
losses (291)
Jumlah/Total 15,020,263)
97
Financial Statements 2020
a. Berdasarkan jenis mata uang dan penerbit a. By currency and issuer (continued)
(lanjutan)
31 Desember/December 2019
Premium
Keuntungan (diskonto) yang
(kerugian) yang belum
belum diamortisasi/
direalisasi/ Unamortised Nilai tercatat/
Nilai nominal/ Unrealised premium Carrying
Nominal value gain (loss) (discount) amount
Rupiah
Jumlah/Total
10,654,624))
Pendapatan bunga/marjin yang masih akan
diterima/Accrued interest/margin
income 48,233))
Cadangan kerugian penurunan
nilai/Allowance for impairment losses (6)
Jumlah/Total 10,702,851))
98
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Termasuk di dalam efek-efek adalah efek-efek Included in securities are securities under sharia
dengan akad syariah: contracts:
31 Desember/December
2020 2019
31 Desember/December
2020 2019
459
Pihak ketiga 14,672,468) 10,568,519) Third parties
Pihak berelasi 132,188) 86,105) Related parties
15,020,263) 10,702,851)
31 Desember/December
2020 2019
Cadangan kerugian penurunan nilai (291) (6) Allowance for impairment losses
15,020,263) 10,702,851)
99
Financial Statements 2020
f. Tingkat suku bunga/marjin rata-rata per tahun f. Average interest rate/margin per annum
31 Desember/December
2020 2019
31 Desember/December 2019
Pemeringkat/ Peringkat/ Nilai tercatat/
Agencies Rating Carrying amount
Sukuk korporasi/Corporate sukuk
PT Bank CIMB Niaga Tbk
Unit Usaha Syariah Pefindo id AAA 50,000
Pada 31 Desember 2020 dan 2019, peringkat As of 31 December 2020 and 2019, the rating of
atas seluruh efek yang diterbitkan oleh all securities issued by Republic of Indonesia was
pemerintah Republik Indonesia adalah BBB BBB based on Fitch Ratings Indonesia agency.
berdasarkan pemeringkat Fitch Ratings
Indonesia.
h. Cadangan kerugian penurunan nilai h. Allowance for impairment losses
Manajemen berpendapat bahwa cadangan Management believes that the allowance for
kerugian yang dibentuk cukup untuk menutup losses was adequate to cover impairment losses
kemungkinan kerugian akibat penurunan nilai for securities as of 31 December 2020 and 2019.
atas efek-efek pada tanggal 31 Desember
2020 dan 2019.
Perubahan dalam cadangan kerugian The movement of the allowance for impairment
penurunan nilai efek-efek adalah sebagai losses for securities was as follows:
berikut:
Tahun berakhir 31 Desember/
Year ended 31 December
2020 2019
100
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Selama tahun yang berakhir pada tanggal During the years ended 31 December 2020 and
31 Desember 2020 dan 2019, Bank tidak 2019, the Bank did not sell securites which
melakukan penjualan atas efek-efek yang measured at fair value through other
diukur pada nilai wajar melalui penghasilan comprehensive income, so there were no gains
komprehensif lain, sehingga tidak ada or losses transferred from equity to profit or loss.
pemindahan keuntungan atau kerugian dari
ekuitas ke laba rugi.
Pada tanggal 31 Desember 2020 dan 2019, As of 31 December 2020 and 2019, total
jumlah efek-efek yang digolongkan sebagai securities that were classified as cash
setara kas adalah masing-masing sebesar equivalents amounted to Rp 1,799,079 and
Rp 1.799.079 dan Rp 938.738. Rp 938,738, respectively.
31 Desember/December 2020
Nilai wajar/Fair value 461
Nilai Tagihan derivatif/ Liabilitas derivatif/
kontrak/nosional/ Derivative receivables Derivative payables
Contract/notional Pihak berelasi/ Pihak ketiga/ Pihak berelasi/ Pihak ketiga/
31 Desember/December 2019
Nilai wajar/Fair value
Nilai Tagihan derivatif/ Liabilitas derivatif/
kontrak/nosional/ Derivative receivables Derivative payables
Contract/notional Pihak berelasi/ Pihak ketiga/ Pihak berelasi/ Pihak ketiga/
Instrumen/Instruments amount Related parties Third parties Related parties Third parties
101
Financial Statements 2020
Bank menyediakan produk derivatif untuk The Bank provides derivative products to its
nasabahnya seperti kontrak pembelian atau customers such as forward exchange
penjualan berjangka mata uang asing, perjanjian contracts, cross-currency swap agreements
swap mata uang asing dan perjanjian swap/cap and interest rate swap/cap agreements to
tingkat suku bunga yang memungkinkan enable its customers to transfer, modify or
nasabahnya untuk memindahkan, memodifikasi reduce their foreign exchange and/or interest
atau mengurangi risiko atas kurs nilai tukar rate risks. As part of its risk management
dan/atau risiko tingkat suku bunga. Sebagai policy, the Bank covers most of these
bagian dari kebijakan manajemen risiko, Bank derivative contracts with customers with back-
melindungi sebagian besar transaksi derivatif to-back derivative contracts with the same
dengan nasabahnya dengan membuat transaksi notional amount and maturity with its foreign
derivatif timbal balik dengan jumlah dan waktu affiliates and other banks. Also, the Bank uses
jatuh tempo yang sama dengan perusahaan derivative instruments as an end-user in
afiliasi di luar negeri dan bank lain. Bank juga connection with its risk management activities.
menggunakan instrumen derivatif sebagai sarana Derivatives are used by the Bank mainly to
sehubungan dengan kegiatan manajemen risiko. manage foreign exchange risk on its foreign
Derivatif digunakan oleh Bank terutama untuk currency denominated assets and liabilities
462 mengatasi risiko kurs nilai tukar atas aset dan and to manage interest rate risk relating to
liabilitas dalam mata uang asing, dan untuk specific groups of assets and liabilities in the
mengatasi risiko tingkat suku bunga yang consolidated statement of financial position.
2020 Annual Report PT Bank BTPN Tbk
Manajemen berpendapat bahwa tidak diperlukan Management believes that no allowance for
adanya cadangan kerugian penurunan nilai pada impairment losses was necessary on
tagihan derivatif. derivative receivables.
Informasi mengenai sisa periode sampai dengan Information regarding remaining period to
tanggal jatuh tempo diungkapkan pada maturity date was disclosed in Note 42.
Catatan 42.
Semua tagihan akseptasi adalah transaksi dengan All acceptance receivables transactions were
pihak ketiga. with third parties.
a. Berdasarkan mata uang a. By currency
31 Desember/December
2020 2019
102
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
10. TAGIHAN DAN LIABILITAS AKSEPTASI (lanjutan) 10. ACCEPTANCE RECEIVABLES AND
PAYABLES (continued)
Rupiah Rupiah
Lebih dari 1 - 3 bulan - 24,046 More than 1 - 3 months
Lebih dari 3 - 6 bulan 144,510 56,061 More than 3 - 6 months
Lebih dari 6 bulan 397,543 767,815 More than 6 months
542,053 847,922
Perubahan dalam cadangan kerugian penurunan The movement of the allowance for
nilai tagihan akseptasi adalah sebagai berikut: impairment losses for acceptance
receivables was as follows:
Manajemen berpendapat bahwa cadangan yang Management believes that the allowance for
dibentuk cukup untuk menutup kemungkinan losses was adequate to cover impairment
kerugian akibat penurunan nilai tagihan akseptasi losses on acceptance receivables as of
pada tanggal 31 Desember 2020 dan 2019. 31 December 2020 and 2019.
103
Financial Statements 2020
10. TAGIHAN DAN LIABILITAS AKSEPTASI (lanjutan) 10. ACCEPTANCE RECEIVABLES AND
PAYABLES (continued)
Liabilitas akseptasi Acceptance payables
a. Berdasarkan hubungan dengan pihak lawan a. By relationship with counterparties and
dan mata uang currency
31 Desember/ December
2020 2019
Rupiah Rupiah
- Pihak ketiga 278,193 557,430) Third parties -
Mata uang asing Foreign Currency
- Pihak ketiga 327,404 173,506) Third parties -
- Pihak berelasi 161,685 157,523) Related parties -
489,089 331,029)
767,282 888,459
767,282 888,459)
11. PINJAMAN YANG DIBERIKAN DAN PEMBIAYAAN/ 11. LOANS AND SHARIA FINANCING/
PIUTANG SYARIAH RECEIVABLES
31 Desember/December
2020 2019
Pinjaman yang diberikan: Loans:
Pihak ketiga Third parties
- Rupiah 85,652,174 94,923,456 Rupiah -
- Dolar Amerika Serikat 38,698,999 34,762,076 United States Dollar -
- Yen Jepang 950,477 942,368 Japanese Yen -
- Euro Eropa 181,335 - European Euro -
Pihak berelasi Related parties
- Rupiah 90,163 98,492 Rupiah -
- Dolar Amerika Serikat 1,115,891 2,032,884 United States Dollar -
- Yen Jepang 714 1,333 Japanese Yen -
Pembiayaan/piutang syariah: Sharia financing/receivables:
Pihak ketiga Third parties
- Rupiah 9,522,866 8,999,574 Rupiah -
Pendapatan bunga/marjin yang masih
akan diterima Accrued interest/margin income
- Rupiah 613,802 673,920 Rupiah -
- Dolar Amerika Serikat 65,248 153,093 United States Dollar -
- Yen Jepang 370 346 Japanese Yen -
- Euro Eropa 136 - European Euro -
Dikurangi: Cadangan kerugian
penurunan nilai (3,422,325) (1,467,199) Less: Allowance for impairment losses
133,469,850 141,120,343
104
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
11. PINJAMAN YANG DIBERIKAN DAN PEMBIAYAAN/ 11. LOANS AND SHARIA FINANCING/
PIUTANG SYARIAH (lanjutan) RECEIVABLES (continued)
a. Berdasarkan jenis, mata uang dan kolektibilitas a. Based on type, currency and
collectability
31 Desember/December 2020
Dalam
Perhatian
Khusus/ Kurang
Lancar/ Special Lancar/ Diragukan/ Jumlah/
Current Mention Substandard Doubtful Macet/ Loss Total
Rupiah Rupiah
Korporasi 36,305,844 925,486 463,916 - - 37,695,246 Corporates
Pensiunan 30,595,606 527,468 34,575 39,794 126,295 31,323,738 Pensioners
Small Medium
Usaha Kecil Menengah 12,025,199) 17,821) 1,300) 6,920) 493,930) 12,545,170) Enterprises
Usaha Mikro Kecil 855,798) 33,707) 12,707) 1,795) 1,455) 905,462) Micro business
Pembiayaan/piutang Sharia financing/
syariah 9,258,466) 82,315) 53,063) 5,988) 123,034) 9,522,866) receivables
Other institutions
Pegawai instansi lain 710,196) 44,954) 6,163) 5,415) 17,408) 784,136) employees
Keperluan rumah tangga 468,533) 93,903) 22,681) 49,869) 15,299) 650,285) Household goods
Karyawan 152,861) 5) 5) 17) 1,112) 154,000) Employee loans
Umum 1,321,210) 232,232) 11,352) 11,895) 14,969) 1,591,658) General purpose
Kredit kepemilikan
mobil 58,506) 25,893) 2,925) 2,708) 2,608) 92,640) Car Loans
91,752,219) 1,983,784) 608,687) 124,401) 796,110) 95,265,201)
Foreign 465
Mata uang asing currencies
Korporasi 38,267,439) 2,566,977) 91,325) 14,050) 7,627) 40,947,418) Corporates
130,019,658) 4,550,761) 700,012) 138,451) 803,737) 136,212,619)
31 Desember/December 2019
Dalam
Perhatian
Khusus/ Kurang
Lancar/ Special Lancar/ Diragukan/ Jumlah/
Current Mention Substandard Doubtful Macet/ Loss Total
Rupiah Rupiah
Korporasi 37,178,116 782,332 14,750 - - 37,975,198 Corporates
Pensiunan 33,249,734) 696,810) 53,791) 50,180) 119,767) 34,170,282) Pensioners
Small Medium
Usaha Kecil Menengah 13,218,680) 206,224) 20,154) 90,853) 348,069) 13,883,980) Enterprises
Usaha Mikro Kecil 1,399,899) 165,758) 18,818) 19,281) 7,393) 1,611,149) Micro business
Pembiayaan/piutang Sharia financing/
syariah 8,749,269) 127,635) 71,504) 25,102) 26,064) 8,999,574) receivables
Other institutions
Pegawai instansi lain 1,306,174) 99,226) 5,540) 10,826) 19,218) 1,440,984) employees
Keperluan rumah tangga 2,132,674) 207,335) 38,782) 67,025) 13,074) 2,458,890) Household goods
Karyawan 178,308) 372) 237) 85) 300) 179,302) Employee loans
Umum 2,986,003) 122,555) 11,019) 2,508) 3,024) 3,125,109) General purpose
Kredit kepemilikan
mobil 149,531 23,936 2,082 798 706 177,053 Car loans
100,548,388) 2,432,183) 236,677) 266,658 537,615 104,021,521
Foreign
Mata uang asing currencies
Korporasi 35,616,340) 2,010,667) 90,236) 13,883) 7,536) 37,738,662) Corporates
136,164,728) 4,442,850) 326,913) 280,541) 545,151) 141,760,183)
Pendapatan bunga/
marjin yang masih Accrued interest/
akan diterima 773,975) 53,384) -) -) -) 827,359) margin income
Allowance for
Cadangan kerugian impairment
penurunan nilai (507,755) (422,856) (104,196) (125,544) (306,848) (1,467,199) losses
105
Financial Statements 2020
11. PINJAMAN YANG DIBERIKAN DAN 11. LOANS AND SHARIA FINANCING/
PEMBIAYAAN/PIUTANG SYARIAH (lanjutan) RECEIVABLES (continued)
a. Berdasarkan jenis, mata uang dan a. Based on type, currency and OJK grading
kolektibilitas OJK (lanjutan) (continued)
Pembiayaan/piutang syariah terdiri atas Sharia financing/receivables consists of
piutang murabahah, pembiayaan musyarakah, murabahah receivables, musyarakah
dan pinjaman qardh masing-masing sebesar financing, and funds of qardh amounted to
Rp 9.514.196, Rp 8.315, dan Rp 355 pada Rp 9,514,196, Rp 8,315, and Rp 355,
tanggal 31 Desember 2020 dan masing-masing respectively, as of 31 December 2020 and
sebesar Rp 8.969.565, Rp 29.129, dan Rp 880 Rp 8,969,565, Rp 29,129, and Rp 880,
pada tanggal 31 Desember 2019. respectively, as of 31 December 2019.
Rasio pinjaman yang diberikan kepada Usaha Ratios of loans extended to Micro, Small and
jumlah pinjaman yang diberikan pada tanggal as of 31 December 2020 and 2019 were
31 Desember 2020 dan 2019 masing-masing 12.12% and 12.27%, respectively. These
sebesar 12,12% dan 12,27%. Rasio tersebut ratios were calculated based on the prevailing
dihitung sesuai dengan peraturan Bank Bank Indonesia regulations.
Indonesia yang berlaku.
Khusus/ Kurang
Lancar/ Special lancar/ Diragukan/ Jumlah/
Current Mention Substandard Doubtful Macet/ Loss Total
Rupiah Rupiah
Rumah tangga 32,133,642 743,980 75,505 106,202 174,320 33,233,649 Household
Perdagangan 20,251,127 460,005 314,424 10,494 369,679 21,405,729 Trading
Perindustrian 15,139,336 483,360 3,093 2,000 166,146 15,793,935 Manufacturing
Jasa lainnya 4,771,802 33,155 210,890 4,573 17,339 5,037,759 Other services
Pertanian 2,414,580 7,462 3,702 967 7,082 2,433,793 Agriculture
Accomodation
Jasa akomodasi 204,419 2,737 837 124 93 208,210 services
Konstruksi 5,939,815 2,308 - - 31,937 5,974,060 Construction
Transportasi & Transportation &
komunikasi 10,654,146 250,362 83 27 29,070 10,933,688 communication
Pertambangan 59,209 126 12 2 46 59,395 Mining
Lainnya 184,143 289 141 12 398 184,983 Others
91,752,219 1,983,784 608,687 124,401 796,110 95,265,201
Pendapatan
bunga/marjin
yang masih Accrued interest/
akan diterima 641,138 38,418 - - - 679,556 margin income
106
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
11. PINJAMAN YANG DIBERIKAN DAN 11. LOANS AND SHARIA FINANCING/
PEMBIAYAAN/PIUTANG SYARIAH (lanjutan) RECEIVABLES (continued)
Rupiah Rupiah
Rumah tangga 37,511,417) 1,139,395) 112,704) 132,562) 156,107) 39,052,185) Household
Perdagangan 18,499,411) 346,132) 72,195) 78,456) 214,812) 19,211,006) Trading
Perindustrian 18,288,234) 545,075) 14,548) 41,345) 84,562) 18,973,764) Manufacturing
Jasa lainnya 11,348,037) 343,960) 12,158) 4,551) 3,325) 11,712,031) Other services
Pertanian 1,886,553) 12,534) 4,551) 1,534) 1,506) 1,906,678) Agriculture
Accomodation
Jasa akomodasi 238,745) 14,914) 1,167) 742) 12,017) 267,585) services
Konstruksi 6,116,404) 21,504) 14,750) 3,060) 36,759) 6,192,477) Construction
Transportasi & Transportation &
komunikasi 6,258,173) 7,929) 4,343) 4,337) 28,466) 6,303,248) communication
Pertambangan 233,648) 252) 16) 3) -) 233,919) Mining
Lainnya 167,766) 488) 245) 68) 62) 168,629) Others
100,548,388) 2,432,183) 236,677) 266,658) 537,616) 104,021,522)
31 Desember/December
2020 2019
133,469,850) 141,120,343)
107
Financial Statements 2020
11. PINJAMAN YANG DIBERIKAN DAN 11. LOANS AND SHARIA FINANCING/
PEMBIAYAAN/PIUTANG SYARIAH (lanjutan) RECEIVABLES (continued)
f. Tingkat suku bunga/marjin rata-rata per f. Average interest/margin rate per annum
2020 Annual Report PT Bank BTPN Tbk
tahun
Tahun berakhir 31 Desember/
Year ended 31 December
2020 2019
Tingkat suku bunga rata-rata per
tahun: Average interest rate per annum:
Rupiah 13.99% 16.37% Rupiah
Mata uang asing 1.92% 3.33% Foreign currencies
108
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
11. PINJAMAN YANG DIBERIKAN DAN 11. LOANS AND SHARIA FINANCING/
PEMBIAYAAN/PIUTANG SYARIAH (lanjutan) RECEIVABLES (continued)
Beginning balance at
Saldo awal tanggal 1 Januari 1 January 2020, after
2020, setelah penerapan PSAK 71 initial
awal PSAK 71 (705,738) (299,069) (630,487) (1,635,294) implementation
Transfer ke Tahap 1 (318,782) 271,869) 46,913) -) Transfer to Stage 1
Transfer ke Tahap 2 758,147) (908,339) 150,192) -) Transfer to Stage 2
Transfer ke Tahap 3 35,806) 1,202,810) (1,238,616) -) Transfer to Stage 3
Perubahan bersih pada eksposur Net change in exposures
dan pengukuran kembali (240,417) (1,169,163) (725,759) (2,135,339) and remeasurements
Aset keuangan yang New originated financial
baru diperoleh (279,051) (88,677) (171,766) (539,494) assets
Penerimaan kembali
pinjaman yang telah Recoveries from
dihapusbukukan -) -) (95,800) (95,800) loans written-off
Penghapusbukuan selama Write-offs during
tahun berjalan -) -) 1,205,497) 1,205,497) the year
Aset keuangan yang Financial assets which
telah dilunasi 242,149) 237,186) 521,111) 1,000,446) have been repaid
Changes in model
Perubahan parameter model (132,113) (81,352) (48,732) (262,197) parameter
Lain-lain -) -) (110,654) (110,654) Others
Balance at end of year -
Saldo akhir tahun kerugian expected credit losses
kredit ekspektasian Bank (639,999) (834,735) (1,098,101) (2,572,835) Bank
Cadangan kerugian penurunan Allowance for impairment
nilai pembiayaan/piutang losses - sharia
syariah (849,490) financing/receivables
(3,422,325)
Saldo akhir tahun Balance at end of year
109
Financial Statements 2020
11. PINJAMAN YANG DIBERIKAN DAN 11. LOANS AND SHARIA FINANCING/
PEMBIAYAAN/PIUTANG SYARIAH (lanjutan) RECEIVABLES (continued)
Bank mengadakan perjanjian pembiayaan The Bank has entered into joint financing
bersama, antara lain dengan agreements, among others with PT Home
PT Home Credit Indonesia (HCI) dan Credit Indonesia (HCI), and PT Finansia Multi
PT Finansia Multi Finance (Catatan 41). Finance (Note 41).
i. Jasa pemasaran dan administrasi i. Marketing and administration services
Bank mengadakan perjanjian kerjasama jasa The Bank has entered into marketing and
pemasaran dan administrasi dengan PT Oto administration services agreement with PT Oto
Multiartha (OMA) dan PT Summit Oto Finance Multiartha (OMA) and PT Summit Oto Finance
(SOF) (Catatan 41). (SOF) (Note 41).
110
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
11. PINJAMAN YANG DIBERIKAN DAN 11. LOANS AND SHARIA FINANCING/
PEMBIAYAAN/PIUTANG SYARIAH (lanjutan) RECEIVABLES (continued)
Berdasarkan peraturan OJK yang berlaku, Based on prevailing OJK regulations, the
rasio bruto pinjaman yang diberikan dan maximum gross non-performing loans and
pembiayaan/piutang syariah bermasalah sharia financing/receivables ratio for a bank is
setinggi-tingginya adalah 5% dari jumlah 5% from total loans and sharia
pinjaman yang diberikan dan pembiayaan/ financing/receivables given. The gross and net
piutang syariah. Rasio kredit bermasalah bruto non-performing loan ratios of the Bank and
dan bersih Bank dan Entitas Anak adalah Subsidiary were as follows:
sebagai berikut:
31 Desember/December
2020 2019
Kurang lancar 700,012) 326,913) Substandard
Diragukan 138,451) 280,541) Doubtful
Macet 803,737) 545,151) Loss
Jumlah pinjaman yang diberikan
dan pembiayaan/piutang Total non-performing loans and sharia
syariah bermasalah - kotor
Cadangan kerugian penurunan
1,642,200) 1,152,605) financing/receivables - gross 471
nilai (965,205) (536,588) Allowance for impairment losses
Jumlah pinjaman yang diberikan
Pinjaman yang diberikan pada umumnya Loans are generally collateralised by registered
dijamin dengan agunan yang diikat dengan mortgages, mortgages or powers of attorney to
hipotik, hak tanggungan atau surat kuasa untuk sell and other guarantees.
menjual dan jaminan lainnya.
111
Financial Statements 2020
11. PINJAMAN YANG DIBERIKAN DAN 11. LOANS AND SHARIA FINANCING/
PEMBIAYAAN/PIUTANG SYARIAH (lanjutan) RECEIVABLES (continued)
Bank juga menyalurkan fasilitas kredit yang The Bank also provides loan facilities funded
dananya bersumber dari Pemerintah Indonesia by the Government of Indonesia or Bank
atau Bank Indonesia melalui kredit penerusan Indonesia through channeling loans in the
(channeling loan) dalam bentuk Kredit Usaha form of Kredit Usaha Tani (KUT) and Kredit
Tani (KUT) dan Kredit Pengusaha Kecil Pengusaha Kecil Menengah (KPKM).
Menengah (KPKM).
Saldo dari kredit penerusan tidak diakui pada These chanelling loans are not recognised in
laporan keuangan konsolidasian. Rincian saldo the consolidated financial statements.
kredit penerusan adalah sebagai berikut: The balances were as follows:
31 Desember/December
2020 2019
Kredit sindikasi merupakan kredit yang Syndicated loans represent loans provided to
diberikan kepada nasabah berdasarkan customers under syndication agreements with
perjanjian pembiayaan bersama (sindikasi) other banks and are generally used to support
dengan bank-bank lain dan umumnya the working capital needs and investment. In
digunakan untuk memenuhi kebutuhan modal syndicated loans, the Bank may act as a
kerja dan investasi. Dalam kredit sindikasi, member and/or arranger and/or security
Bank dapat bertindak sebagai anggota agency. Syndication is done with several
dan/atau arranger dan/atau security agency. banks in Indonesia and offshore. Total
Sindikasi dilakukan dengan bank-bank di participation of the Bank in syndicated loans,
Indonesia dan luar negeri. Keikutsertaan Bank in which the Bank acted as a member and/or
sebagai anggota dan/atau arranger dalam arranger, ranged from 5% up to 60%, of
kredit sindikasi berkisar antara 5% sampai syndicated loan facility as of 31 December
dengan 60% dari fasilitas kredit sindikasi pada 2020 and 2019.
tanggal 31 Desember 2020 dan 2019.
112
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
11. PINJAMAN YANG DIBERIKAN DAN 11. LOANS AND SHARIA FINANCING/
PEMBIAYAAN/PIUTANG SYARIAH (lanjutan) RECEIVABLES (continued)
Untuk produk Kredit Pegawai premi asuransi For Active Employee Loan, insurance
akan ditanggung sendiri oleh nasabah. premium is solely borne by debtors. 20% of
Sebesar 20% dari premi yang dibayarkan oleh the premiums paid by debtors, which is
debitur yang diterima oleh Allianz, akan received by Allianz, will be returned to the
dikembalikan kepada Bank sebagai komisi. Bank as commission.
Sedangkan untuk debitur mikro, premi asuransi Meanwhile for micro debtors, the insurance
akan ditanggung oleh Bank. premium is borne by Bank.
Jumlah premi yang dibayarkan oleh debitur Total premium paid by debtors through the
melalui Bank dan komisi yang diterima dari Bank and commission fees received from
Allianz untuk tahun-tahun yang berakhir pada Allianz for the years ended 31 December
tanggal 31 Desember 2020 dan 2019 adalah 2020 and 2019 were as follows:
sebagai berikut: 473
Tahun berakhir 31 Desember/
Year ended 31 December
Pada tanggal 23 Juni 2011, Bank melakukan On 23 June 2011, the Bank entered an
perjanjian dengan PT Avrist Assurance agreement with PT Avrist Assurance
ketiga, untuk melindungi Bank third party, to cover the Bank from
dari risiko kerugian tidak tertagihnya kredit the risk of uncollectible pensioners loan. The
pensiunan. Perjanjian Kerjasama ini berlaku agreement is effective for one year and shall
selama satu tahun dan kemudian dengan then be automatically renewed for further
sendirinya diperbaharui untuk jangka waktu successive periods of each of one year or as
berikutnya masing-masing satu tahun atau mutually agreed by both parties.
sebagaimana disepakati bersama oleh kedua
belah pihak.
Premi asuransi akan ditanggung bersama- The insurance premium is borne by both
sama oleh debitur dan Bank. Sebesar 11% dari debtors and the Bank. 11% of the premiums
premi yang dibayarkan oleh debitur yang paid by debtors which is received by Avrist will
diterima oleh Avrist, akan dikembalikan kepada be returned to the Bank as commission.
Bank sebagai komisi.
Jumlah premi yang dibayarkan oleh debitur Total premiums paid by debtors through the
melalui Bank dan komisi yang diterima dari Bank and commission fees received from
Avrist untuk tahun-tahun yang berakhir pada Avrist for the years ended 31 December 2020
tanggal 31 Desember 2020 dan 2019 adalah and 2019 were as follows:
sebagai berikut:
Premi yang dibayarkan oleh debitur Premium paid by debtors through the
melalui Bank ke Avrist 101,990 130,219 Bank to Avrist
Penerimaan komisi dari Avrist 7,592 12,945 Commissions received from Avrist
113
Financial Statements 2020
11. PINJAMAN YANG DIBERIKAN DAN 11. LOANS AND SHARIA FINANCING/
PEMBIAYAAN/PIUTANG SYARIAH (lanjutan) RECEIVABLES (continued)
Pada tanggal 22 Juni 2011, Bank telah On 22 June 2011, the Bank entered into an
melakukan perjanjian dengan PT Asuransi Jiwa agreement with PT Asuransi Jiwa Generali
Generali Generali ketiga, untuk
melindungi Bank dari risiko kerugian tidak from the risk of uncollectible pension loans.
tertagihnya kredit pensiunan. Perjanjian The agreement is effective for one year and
Kerjasama ini berlaku selama satu tahun dan shall then be automatically renewed for further
kemudian dengan sendirinya diperbaharui successive periods of each of one year or as
untuk jangka waktu berikutnya masing-masing mutually agreed by both parties.
satu tahun atau sebagaimana disepakati
bersama oleh kedua belah pihak.
Premi asuransi akan ditanggung bersama- The insurance premium is borne by both
sama oleh debitur dan Bank. Sebesar 11% dari debtors and the Bank. 11% of the premiums
premi yang dibayarkan oleh debitur, yang paid by debtors which is received by Generali
diterima oleh Generali, akan dikembalikan will be returned to the Bank as commission.
474 kepada Bank sebagai komisi.
Pada tanggal 9 Oktober 2015, Bank juga On 9 October 2015, the Bank also entered into
melakukan perjanjian dengan PT Asuransi Jiwa an agreement with PT Asuransi Jiwa Generali
2020 Annual Report PT Bank BTPN Tbk
melindungi Bank dari risiko kredit dari pinjaman from the credit risk of active employee loans.
pegawai aktif. Perjanjian kerjasama ini berlaku The agreement is effective for five years and will
selama lima tahun dan kemudian secara be automatically extended for the next five
otomatis akan diperpanjang untuk 5 tahun years or may be terminated earlier as agreed by
berikutnya atau dapat dihentikan lebih awal both parties. As of 31 December 2020, the
sebagaimana disepakati bersama oleh kedua agreement has been last automatically
belah pihak. extended at 9 October 2020 for the next five
Per 31 Desember 2020, perjanjian kerjasama years until 9 October 2025.
ini terakhir kali secara otomatis diperpanjang
pada
9 Oktober 2020 untuk 5 tahun berikutnya
sampai
9 Oktober 2025.
Premi asuransi ditanggung sendiri oleh debitur. The insurance premium is borne solely by
Sebesar 20% dari premi yang dibayarkan oleh debtors. 20% of the premiums paid by debtors
debitur, yang diterima oleh Generali, akan which is received by Generali will be returned to
dikembalikan kepada Bank sebagai komisi. the Bank as commission.
Jumlah premi yang dibayarkan oleh debitur Total premium paid by debtors through the
melalui Bank dan komisi yang diterima dari Bank and commission fees received from
Generali untuk tahun yang berakhir pada Generali for the years ended 31 December
tanggal 31 Desember 2020 dan 2019 adalah 2020 and 2019 were as follows:
sebagai berikut:
114
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
11. PINJAMAN YANG DIBERIKAN DAN 11. LOANS AND SHARIA FINANCING/
PEMBIAYAAN/PIUTANG SYARIAH (lanjutan) RECEIVABLES (continued)
Pada tanggal 13 Desember 2016, Bank juga On 13 December 2016, the Bank signed an
melakukan implementasi kerjasama dengan agreement with PT FWD Life Indonesia
PT
untuk melindungi Bank dari risiko kerugian tidak the risk of uncollectible active employee loans.
tertagihnya kredit pegawai. Perjanjian The agreement is effective for five years and
Kerjasama ini berlaku selama lima tahun dan shall then be automatically renewed for further
kemudian dengan sendirinya diperbaharui five years or as mutually agreed by both
untuk jangka waktu berikutnya selama lima parties.
tahun atau sebagaimana disepakati bersama
oleh kedua belah pihak.
Premi asuransi akan ditanggung oleh debitur. The insurance premium is borne by debtors.
Sebesar 20% dari seluruh premi yang 20% of all premiums paid by debtors which is
dibayarkan oleh debitur, yang diterima oleh received by FWD, will be paid to the Bank as
FWD, akan dibayarkan kepada Bank sebagai commission. 475
komisi.
Premi yang dibayarkan oleh debitur Premium paid by debtors through the
melalui Bank ke FWD 1 58 Bank to FWD
Penerimaan komisi dari FWD - 30 Commissions received from FWD
Pada tanggal 1 Maret 2017, Bank telah On 1 March 2017, the Bank entered an
melakukan perjanjian dengan PT Proteksi agreement with PT Proteksi Antar Nusa
melindungi Bank dari risiko kerugian tidak the risk of uncollectible pensioners loan. The
tertagihnya kredit pensiunan. Perjanjian agreement has been extended on 17 May
Kerjasama ini telah diperpanjang pada 2020 for another three years and can be
17 Mei 2020 selama tiga tahun dan dapat extended as mutually agreed by both parties.
diperpanjang sebagaimana disepakati
bersama oleh kedua belah pihak.
Premi asuransi akan ditanggung oleh debitur. The insurance premium is borne by debtors.
Sebesar 10,5% dari seluruh premi yang 10.5% of all premiums paid by debtors which
dibayarkan oleh debitur yang diterima oleh PAN is received by PAN will be paid to the Bank as
akan dibayarkan kepada Bank sebagai komisi. commission.
115
Financial Statements 2020
11. PINJAMAN YANG DIBERIKAN DAN 11. LOANS AND SHARIA FINANCING/
PEMBIAYAAN/PIUTANG SYARIAH (lanjutan) RECEIVABLES (continued)
Jumlah premi yang dibayarkan oleh debitur The total premium paid by the debtors through
melalui Bank dan komisi yang diterima dari the Bank and commission fees received from
PAN untuk tahun yang berakhir pada tanggal PAN for the years ended 31 December 2020
31 Desember 2020 dan 2019 adalah sebagai and 2019 were as follows:
berikut:
Premi yang dibayarkan oleh debitur Premium paid by debtors through the
melalui Bank ke PAN 4,952 7,930 Bank to PAN
Penerimaan komisi dari PAN 348 222 Commissions received from PAN
Pada tanggal 14 September 2018, Bank telah On 14 September 2018, the Bank has entered
2020 Annual Report PT Bank BTPN Tbk
Premi asuransi akan ditanggung oleh debitur. The insurance premium is borne by debtors.
Sebesar 20% dari seluruh premi yang 20% of all premiums paid by debtors which is
dibayarkan oleh debitur, yang diterima oleh received by APA will be paid to the Bank as
APA akan dibayarkan kepada Bank sebagai commission.
komisi.
Pada tanggal 22 Agustus 2019, Bank juga On 22 August 2019, the Bank also entered into
telah melakukan perjanjian dengan APA an agreement with APA to protect the closure
untuk melindungi penutupan asuransi produk of the Bank's mortgage loan insurance.
kredit KPR Bank.
Komisi yang akan diterima Bank terkait The Bank will receive commission in relation to
produk KPR Bank adalah 10% dari premi the Bank's mortgage products amounted to
asuransi jiwa kredit, dan 5% dari premi 10% of the credit life insurance premium and
asuransi harta benda. 5% of the property insurance premium.
116
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
11. PINJAMAN YANG DIBERIKAN DAN 11. LOANS AND SHARIA FINANCING/ RECEIVABLES
PEMBIAYAAN/PIUTANG SYARIAH (lanjutan) (continued)
Jumlah premi yang dibayarkan oleh debitur The total premium paid by the debtors through
melalui Bank dan komisi yang diterima dari the Bank and commission fees received from
APA untuk tahun yang berakhir pada tanggal APA for the years ended
31 Desember 2020 dan 2019 adalah sebagai 31 December 2020 and 2019 were as follows:
berikut:
31 Desember/December 2020
Dalam
perhatian
khusus/ Kurang
Lancar/ Special lancar/ Diragukan/ Macet/ Jumlah/
Current mention Substandard Doubtful Loss Total
31 Desember/December 2019
Dalam
perhatian
khusus/ Kurang
Lancar/ Special lancar/ Diragukan/ Macet/ Jumlah/
Current mention Substandard Doubtful Loss Total
117
Financial Statements 2020
11. PINJAMAN YANG DIBERIKAN DAN 11. LOANS AND SHARIA FINANCING/
PEMBIAYAAN/PIUTANG SYARIAH (lanjutan) RECEIVABLES (continued)
Sebagai dampak dari pandemi COVID-19 As the impacts of the COVID-19 pandemic
yang melanda Indonesia sejak bulan Maret which has been spread to Indonesia since
2020, sejumlah pinjaman yang diberikan dan March 2020, certain amount of loans and
pembiayaan/piutang syariah telah sharia financing/receivables have been
direstrukturisasi berdasarkan Peraturan OJK restructured based on OJK Regulation
No. 11/POJK.03/ 2020 tanggal 16 Maret 2020 No. 11/POJK.03/ 2020 dated 16 March 2020
tentang Stimulus Perekonomian Nasional concerning National Economic Stimulus as a
Sebagai Kebijakan Countercyclical Dampak Countercyclical Policy on the Impacts of the
Penyebaran Corona Virus Disease 2019. Spread of Corona Virus Disease 2019. The
Jumlah pinjaman yang diberikan dan amount of loans and sharia financing/
pembiayaan/piutang syariah yang telah receivables which have been restructured
direstrukturisasi karena dampak pandemi due to impacts of COVID-19 pandemic
COVID-19 selama tahun 2020 adalah sebesar during 2020 was Rp 6,073,752 for the Bank's
Rp 6.073.752 untuk saldo pinjaman yang balance of loans and Rp 7,129,869 for
478 diberikan Bank dan Rp 7.129.869 untuk Subsidiary's sharia financing/ receivables at
pembiayaan/piutang syariah Entitas Anak pada restructuring date. The Bank and Subsidiary
saat direstrukturisasi. Bank dan Entitas Anak provided restructuring under a scheme of
melakukan restrukturisasi dengan skema principal and/or interest payments delays,
2020 Annual Report PT Bank BTPN Tbk
118
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
31 Desember/December
2020 2019
Beban dibayar dimuka lainnya termasuk beban Other prepayments primarily includes prepayments
dibayar dimuka untuk asuransi jiwa, asuransi uang for life, cash and building insurance.
tunai dan asuransi gedung.
Bank memiliki klaim pengembalian pajak terkait: The Bank has claims for tax refund related to: 479
31 Desember/December
2020 2019
31 Desember/December
2020 2019
463,003 236,893
119
Financial Statements 2020
Jumlah beban pajak penghasilan 627,399) 1,026,504) Total income tax expenses
120
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
d. Perhitungan beban pajak kini dan d. The computation of current tax expense and
kekurangan (kelebihan) pembayaran pajak corporate income tax underpayment
penghasilan badan adalah sebagai berikut: (overpayment) was as follows:
31 Desember/December
2020 2019
Penghasilan kena pajak: Taxable income:
Bank 2,462,879) 2,180,242) Bank
Entitas anak 1,440,130) 2,107,068) Subsidiary
3,903,009) 4,287,310)
Beban pajak kini: Current tax expense:
Bank 541,834) 545,060) Bank
Entitas anak 316,829) 526,767) Subsidiary
858,663) 1,071,827)
Dikurangi: Less:
Pajak dibayar dimuka: Prepaid taxes:
Bank (361,171) (742,350) Bank
Entitas anak (245,582) (514,581) Subsidiary
(606,753) (1,256,931)
Kekurangan (kelebihan) pembayaran Corporate income tax underpayment
pajak penghasilan badan: (overpayment):
Bank 180,663) (197,290) Bank
71,247) 12,186)
Entitas anak
251,910) (185,104)
Subsidiary 481
e. Sesuai dengan peraturan perpajakan di e. Under the taxation laws of Indonesia, the Bank
121
Financial Statements 2020
Rincian dari aset (liabilitas) pajak tangguhan Details of deferred tax assets (liabilities) of the
Bank dan Entitas Anak adalah sebagai berikut: Bank and Subsidiary were as follows:
Bank Bank
31 Desember/December 2020
Dikreditkan/
Penyesuaian (dibebankan)
Saldo saldo awal/ ke laba rugi/ Dibebankan Saldo
awal/ Adjustment Credited/ ke ekuitas/ akhir/
Beginning beginning (charged) to Charged to Ending
balance balance profit or loss equity balance
Cadangan kerugian
penurunan nilai atas
pinjaman yang Allowance for impairment
diberikan (108,528) 124,291 184,936) -) 200,699) losses on loans
Imbalan kerja jangka Short-term employee
pendek 83,102) - (24,975) -) 58,127) benefits
Imbalan pascakerja dan Post-employment
imbalan kerja jangka benefits and other long-
panjang (7,263) - 14,433) 19,964) 27,134) term employee benefits
482 Keuntungan/kerugian
yang belum direalisasi
dari efek-efek yang Unrealized (gain) loss on
diukur pada nilai wajar securities measured at
2020 Annual Report PT Bank BTPN Tbk
31 Desember/December 2019
Transfer dari
Dikreditkan/ SMBCI terkait
(dibebankan) dengan
Saldo ke laba rugi/ merger/ Dibebankan Saldo
awal/ Credited/ Transfer from ke ekuitas/ akhir/
Beginning (charged) to SMBCI related Charged to Ending
balance profit or loss to merger equity balance
Cadangan kerugian
penurunan nilai atas
pinjaman yang Allowance for impairment
diberikan 66,492) 3,658) (178,678) -) (108,528) losses on loans
Imbalan kerja jangka Short-term employee
pendek 82,246) (2,944) 3,800) -) 83,102) benefits
Imbalan pascakerja dan Post-employment
imbalan kerja jangka benefits and other long-
panjang (33,906) 15,901) -) 10,742) (7,263) term employee benefits
Keuntungan/kerugian Unrealized (gain) loss on
yang belum direalisasi available for sale and
dari efek-efek tersedia measured at fair value
untuk dijual dan diukur through other
pada nilai wajar pada comprehensive income
penghasilan securities
komprehensif lain (1,010) -) 86) (3,102) (4,026)
Aset tetap 690) (12,812) (5,714) (17,836) Fixed assets
Lain-lain 1,638) (6,631) 6,492) -) 1,499) Others
122
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
f. Aset (liabilitas) pajak tangguhan (lanjutan) f. Deferred tax assets (liabilities) (continued)
31 Desember/December 2020
Dikreditkan/
(dibebankan)
ke laba rugi/ Dibebankan Saldo
Saldo awal/ Credited/ ke ekuitas/ akhir/
Beginning (charged) to Charged to Ending
balance profit or loss equity balance
Imbalan kerja jangka pendek 49,422) (26,208) -) 23,214) Short-term employee benefits
Imbalan pascakerja dan Post-employment benefits
imbalan kerja jangka panjang and other long-term
lainnya (216) 4,259) 4,436) 8,479) employee benefits
Aset tetap 18,781) (12,177) -) 6,604) Fixed assets
Cadangan kerugian Allowance for impairment
penurunan nilai atas piutang losses on murabahah
murabahah 37,226) 98,912) -) 136,138) receivables
Keuntungan/kerugian yang Unrealized gain (loss) from
belum direalisasi dari efek (46)
39,708)
-
(17,639)
29)
-)
(17)
22,069)
marketable securities 483
Lainnya Others
Aset pajak tangguhan - bersih 144,875) 47,147) 4,465) 196,487) Deferred tax assets - net
Imbalan kerja jangka pendek 34,021) 15,401 -) 49,422) Short-term employee benefits
Imbalan pascakerja dan Post-employment benefits
imbalan kerja jangka panjang and other long-term
lainnya (433) 3,267 (3,050) (216) employee benefits
Aset tetap 11,424) 7,357 -) 18,781) Fixed assets
Cadangan kerugian Allowance for impairment
penurunan nilai atas piutang losses on murabahah
murabahah 26,425) 10,801 -) 37,226) receivables
Keuntungan/kerugian yang Unrealized gain (loss) from
belum direalisasi dari efek (235) - 189) (46) marketable securities
Lainnya 28,382) 11,325 -) 39,707) Others
Aset pajak tangguhan - bersih 99,584) 48,151 (2,861) 144,874) Deferred tax assets - net
123
Financial Statements 2020
Sebelum penggabungan usaha (Catatan Before the merger (Note 1.b), SMBCI had the
1.b), SMBCI memiliki surat ketetapan pajak following tax assessments (continued):
sebagai berikut (lanjutan):
Tahun pajak 2002 (lanjutan) Fiscal year 2002 (continued)
Atas putusan Pengadilan Pajak yang
menyetujui banding SMBCI, DJP mengajukan approved the SMBCI
permohonan kasasi kepada Mahkamah Agung judicial review to the Supreme Court in February
di bulan Februari 2011 untuk membatalkan 2011 to revoke the decision of the Tax Court. Up
keputusan dari Pengadilan Pajak. Sampai to the date of consolidated financial statements,
dengan tanggal laporan keuangan the judicial review was still in process.
konsolidasian, permohonan kasasi tersebut
masih dalam proses.
Untuk kompensasi bunga, pada bulan Februari For the interest compensation, in February
2011, SMBCI mengajukan gugatan baru ke 2011, SMBCI filed a new appeal to the Tax Court
Pengadilan Pajak untuk memperoleh to get interest compensation related with 2002
kompensasi bunga terkait pemeriksaan pajak tax assessment. On 22 September 2011,
484 tahun 2002. Pada tanggal 22 September 2011, SMBCI won its appeal to the Tax Court.
SMBCI memenangkan gugatan ke Pengadilan
Pajak tersebut.
2020 Annual Report PT Bank BTPN Tbk
Pada bulan Januari 2012, DJP mengajukan In January 2012, DGT filed a judicial review to
permohonan kasasi kepada Mahkamah Agung the Supreme Court to revoke the decision of the
untuk membatalkan keputusan dari Pengadilan Tax Court for interest compensation. Up to
Pajak atas imbalan bunga tersebut. Sampai 31 December 2020, the outcome of the judicial
dengan tanggal 31 Desember 2020, belum ada review filed by the DGT to Supreme Court has
hasil atas permohonan kasasi yang diajukan not been determined yet.
oleh DJP ke Mahkamah Agung.
Tahun pajak 2010 Fiscal year 2010
Pada tanggal 18 Desember 2015, SMBCI On 18 December 2015, SMBCI received SKPKB
menerima SKPKB sejumlah Rp 817. SMBCI amounting to Rp 817. SMBCI paid all taxes
melunasi seluruh SKPKB (termasuk denda) underpayment (including penalties) amounting
sebesar Rp 817 pada tanggal 14 Januari 2016. to Rp 817 on 14 January 2016.
Pada tanggal 14 Maret 2016, SMBCI On 14 March 2016, SMBCI filed an objection to
mengajukan keberatan ke Kantor Pajak. Tax Office.
Pada tanggal 20 Januari 2017, Kantor Pajak On 20 January 2017, the Tax Office issued
telah mengeluarkan Surat Keputusan atas Decision Letter on Taxpayer Objection which
Keberatan Wajib Pajak yang menyetujui approved SMBCI
keberatan SMBCI sebesar Rp 14. SMBCI Rp 14. SMBCI filed an appeal against the
mengajukan permohonan banding atas decision.
keputusan tersebut.
Pada bulan Februari 2020, Bank menerima In February 2020, the Bank received the
Putusan Pengadilan yang menolak decision letter from Tax Court which rejected the
permohonan banding Bank. Atas hasil Putusan . Based on the decision
Pengadilan tersebut, Bank mengajukan letter, the Bank filed an appeal for Judicial
Peninjauan Kembali ke Mahkamah Agung pada Review to the Supreme Court on 7 August 2020.
tanggal 7 Agustus 2020. Sampai dengan Up to 31 December 2020, the outcome of the
tanggal 31 Desember 2020, belum ada hasil appeal has not been determined yet.
atas peninjauan kembali tersebut.
Tahun pajak 2015 Fiscal year 2015
Pada tahun 2016, sehubungan dengan In 2016, in relation with the overpayment income
kelebihan pembayaran pajak penghasilan tax for year 2015 of Rp 36,179, SMBCI
badan tahun 2015 sebesar Rp 36.179, taxes were being audited by the Tax Office.
kewajiban perpajakan SMBCI tahun 2015
diperiksa oleh Kantor Pajak.
124
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
125
Financial Statements 2020
sebesar Rp 48.017 dari total lebih bayar Rp 48,017 from the total overpayment in annual
menurut SPT Tahunan PPh Badan sebesar tax return amounting to Rp 53,308. BTPN filed
Rp 53.308. Atas selisih Rp 5.237, BTPN an objection letter on 23 July 2019 for the
mengajukan keberatan dengan surat pengajuan difference of Rp 5,237.
tanggal 23 Juli 2019.
486 Pada bulan Juni 2020, Bank menerima surat In June 2020, the Bank received an objection
keputusan keberatan dari DJP yang menerima decision letter from DGT which partially
sebagian permintaan keberatan Bank. Pada accepted the Bank's objection request. On
tanggal 11 September 2020, Bank telah 11 September 2020, the Bank submitted a
2020 Annual Report PT Bank BTPN Tbk
mengajukan permohonan banding sebesar request for appeal amounting to Rp 5,017 to the
Rp 5.017 ke Pengadilan Pajak. Sampai dengan tax court. Up to 31 December 2020, the appeal
tanggal 31 Desember 2020, proses banding was still in process.
masih dalam proses.
Atas pajak lainnya senilai Rp 5.945, Bank For other taxes of Rp 5,945, the Bank submits a
mengajukan permohonan pengembalian refund request to the DGT. Up to 31 December
kepada DJP. Sampai dengan tanggal 2020, the return process is still in process.
31 Desember 2020, proses pengembalian
masih dalam proses.
Tahun pajak 2019 Fiscal year 2019
Pada tanggal 19 Desember 2019, Bank On 19 December 2019, the Bank received a tax
menerima surat pemberitahuan pemeriksaan audit notification letter for income tax article
pajak untuk PPh Pasal 23/26 masa pajak 23/26 for the January 2019 tax period. Up to
Januari 2019. Sampai dengan tanggal 31 December 2020, the tax audit was still on
31 Desember 2020, proses pemeriksaan masih going.
berlangsung.
Pada tanggal 8 Juli 2020, Bank menerima surat On 8 July 2020, the Bank received a tax audit
pemberitahuan pemeriksaan pajak untuk tahun notification for Fiscal Year 2019. As of
pajak 2019. Sampai dengan tanggal 31 December 2020, the audit process is still on
31 Desember 2020, proses pemeriksaan masih going.
berlangsung.
h. Persetujuan penggunaan nilai buku atas h. Approval of the use of book value towards
pengalihan harta dalam rangka the transfer asset in regards of merger
penggabungan usaha
Pada tanggal 28 Mei 2019, sesuai dengan surat On 28 May 2019, in accordance with Letter
No. S.022/DIRUT/FINCP/V/2019, Bank telah No. S.022/DIRUT/FINCP/V/2019, the Bank
mengajukan permohonan izin untuk dapat submitted a request for permission to use the
menggunakan nilai buku atas pengalihan harta book value towards the transfer assets in
dalam rangka penggabungan usaha antara regards of merger between BTPN and
BTPN dengan SMBCI. SMBCI.
Pada tanggal 2 Agustus 2019, Bank telah On 2 August 2019, the Bank received decision
menerima surat keputusan dari DGT No. KEP- letter from DGT No. KEP-196/WPJ.19/2019
196/WPJ.19/2019 tertanggal 30 Juli 2019 dated 30 July 2019 regarding approval to use
mengenai persetujuan penggunaan nilai buku tax book value towards the transfer assets in
menurut pajak atas pengalihan harta dalam regards of merger.
rangka penggabungan usaha.
126
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Dampak
penerapan
awal
PSAK 73/
Impact of the
Saldo awal/ initial Saldo akhir/
Beginning implementation Penambahan/ Pengurangan/ Reklasifikasi/ Ending
balance of PSAK 73 Additions Deductions Reclassification balance
31 Desember/December 2019
Penambahan
dari
penggabungan
Saldo awal/ usaha/ Saldo akhir/
Beginning Additions from Penambahan/ Pengurangan Reklasifikasi/ Ending
balance merger Additions / Deductions Reclassification balance
1,786,727) 1,893,746)
Nilai buku bersih Net book value
Rincian keuntungan (kerugian) penjualan aset tetap Detail of the gain (loss) on disposal of fixed assets
adalah sebagai berikut: was as follows:
31 Desember/December
2020 2019
Hasil atas penjualan aset tetap 8,792) 6,026) Proceeds from sale of fixed assets
Nilai buku bersih (1,945) (9,551) Net book value
Keuntungan (kerugian) penjualan aset tetap 6,847) (3,525) Gain (loss) on sale of fixed assets
127
Financial Statements 2020
Pada tanggal 31 Desember 2020 dan 2019, aset As of 31 December 2020 and 2019, fixed assets,
tetap, kecuali tanah, telah diasuransikan kepada except for land, have been insured by the third party
perusahaan asuransi pihak ketiga: insurance companies:
31 Desember/December
2020 2019
Bank dan Entitas Anak berpendapat bahwa nilai The Bank and Subsidiary believe that the insurance
pertanggungan asuransi cukup untuk menutup coverage is adequate to cover possible losses
kemungkinan kerugian dari aset tetap tersebut. arising from the fixed assets.
Pada tanggal 31 Desember 2020 dan 2019, Bank As of 31 December 2020 and 2019, the Bank and
dan Entitas Anak melakukan peninjauan kembali Subsidiary performed a review on useful life,
atas masa manfaat, metode penyusutan dan nilai depreciation method and residual value of fixed
residu aset tetap dan menyimpulkan bahwa tidak assets and concluded that no change in these
diperlukan perubahan atas metode dan asumsi method and assumptions was necesarry.
tersebut.
Penyusutan aset tetap untuk tahun-tahun yang The depreciation of fixed assets for the years ended
berakhir pada tanggal 31 Desember 2020 dan 2019 31 December 2020 and 2019 amounting to
masing-masing sebesar Rp 355.168 dan Rp 355,168 and Rp 358,264, respectively, was
Rp 358.264 dibebankan pada beban umum dan charged to general and administrative expenses
administrasi (Catatan 34). (Note 34).
Penyusutan aset hak guna untuk tahun yang The depreciation of right-of-use asset for the year
berakhir pada tanggal 31 Desember 2020 sebesar ended 31 December 2020 amounting to
Rp 223.563 dibebankan pada beban umum dan Rp 223,563 was charged to general and
administrasi (Catatan 34). administrative expenses (Note 34).
Pada tanggal 31 Desember 2020, aset tetap yang As of 31 December 2020, fixed assets that have
sudah disusutkan penuh namun masih digunakan been fully depreciated but were still in use to support
untuk menunjang aktivitas operasi Bank adalah amounted to
sebesar Rp 887.663 (31 Desember 2019: Rp 887,663 (31 December 2019: Rp 712,998).
Rp 712.998).
Pada tanggal 31 Desember 2020 dan 2019, tidak As of 31 December 2020 and 2019 there was no
terdapat aset tetap yang digunakan sebagai fixed asset pledged as collateral and no limitation of
jaminan dan semua aset tetap tidak dibatasi ownership of the fixed assets.
kepemilikannya.
128
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Accumulated
Akumulasi amortisasi amortisation
Piranti lunak (1,128,855) (364,272) 5,299) -) (1,487,828) Software
Akumulasi Accumulated
amortisasi amortisation
Piranti lunak (722,855) (93,063) (318,284) 5,347) -) (1,128,855) Software
Sisa periode amortisasi untuk piranti lunak adalah Remaining amortisation period of software is 1 to 4
1 sampai dengan 4 tahun. years.
Goodwill merupakan selisih antara nilai perolehan Goodwill arises from the difference between the cost
dengan nilai wajar dari aset Entitas Anak yang
diakuisisi pada tahun 2014 dimana Bank assets acquired in 2014 where the Bank acquired
mengakuisisi 70% saham PT Bank Sahabat Purba
Danarta (sekarang PT Bank BTPN Syariah Tbk). (now PT Bank BTPN Syariah Tbk).
Amortisasi aset takberwujud untuk tahun-tahun The amortisation of intangible assets for the years
yang berakhir pada tanggal 31 Desember 2020 dan ended 31 December 2020 dan 2019 amounted to
2019 masing-masing sebesar Rp 364.272 dan Rp 364,272 and Rp 318,284, respectively, and was
Rp 318.284 dan dibebankan sebagai beban umum changed to general and administrative expenses
dan administrasi (Catatan 34). (Note 34).
129
Financial Statements 2020
31 Desember/December
2020 2019
Transaksi ATM dan transfer 190,386 89,998) ATM transaction and transfer
Jaminan sewa 55,291 69,177) Rental security deposits
Agunan yang diambil alih 19,359 169) Foreclosed collateral
Tagihan kepada asuransi 13,508 23,232) Receivables from insurance company
Uang muka 10,078 32,945) Advance payment
Persediaan keperluan kantor 9,572 14,290) Office supplies
Aset imbalan kerja (Catatan 23) - 69,202) Employee benefits assets (Note 23)
Lain-lain 45,285 33,918) Others
343,479 332,931)
Cadangan kerugian penurunan nilai (170) (169) Allowance for impairment losses
343,309 332,762)
Transaksi ATM dan transfer terdiri dari piutang atas ATM transaction and transfer consists of
transaksi ATM dan transfer antar bank yang akan receivables from ATM transaction and transfer from
diselesaikan pada hari kerja berikutnya. other banks that will be settled on the following
working day.
Jaminan sewa merupakan pembayaran atas uang Rental security deposits represent security deposits
490 jaminan sewa gedung. payment on building rent.
Aset imbalan kerja merupakan kelebihan Employee benefit assets derived from overfunding
2020 Annual Report PT Bank BTPN Tbk
pendanaan pada aset program dimana terdapat in plan asset program which provide future
manfaat ekonomi masa depan untuk Bank. economic benefit to the Bank.
Uang muka merupakan uang muka pembelian Advance payment consists of advances for
inventaris, beban perjalanan dinas dan uang muka purchace on office supplies, business trip
operasional lainnya. allowances and other operational advances.
Tagihan kepada asuransi adalah klaim kepada Receivables from insurance company are the claim
pihak asuransi atas uang pesangon karyawan dan to the insurance companies on
klaim pengembalian premi nasabah kredit pensiun. severance pay and premium refund claim for
pension debtors.
Lain-lain terdiri dari berbagai macam tagihan dari Others mainly consist of various receivables from
transaksi kepada pihak ketiga. transaction with third parties.
Cadangan kerugian penurunan nilai aset lain-lain Allowance for impairment losses for other assets as
pada tanggal 31 Desember 2020 dan 2019 masing- of 31 December 2020 and 2019 amounted Rp 169,
masing sebesar Rp 169, dibentuk sebagian besar respectively, were mainly made for foreclosed
untuk agunan yang diambil alih Entitas Anak. collaterals of Subsidiary. Management believes that
Manajemen berpendapat bahwa jumlah cadangan the allowance for impairment losses is sufficient.
kerugian penurunan nilai tersebut telah memadai.
130
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Seluruh liabilitas segera adalah dalam mata uang All obligations due immediately were denominated
Rupiah dan dengan pihak ketiga. in Rupiah and to third parties.
31 Desember/December
2020 2019
Titipan uang pensiun merupakan tampungan uang Unsettled pension funds represent
pembayaran pensiun nasabah yang akan retirement payments that will be paid to the 491
dibayarkan ke rekening nasabah. bank account.
31 Desember/December
2020 2019
Beban bunga yang masih harus dibayar 268,383 210,601 Accrued interest expenses
93,133,923 79,599,416
31 Desember/December
2020 2019
93,133,923 79,599,416
131
Financial Statements 2020
31 Desember/December
2020 2019
Tingkat suku bunga rata-rata giro per tahun: The average interest rate per annum for current
492 accounts:
Tahun berakhir 31 Desember/
Year ended December
2020 Annual Report PT Bank BTPN Tbk
2020 2019
Saldo giro yang diblokir pada tanggal Total current accounts which were blocked as
31 Desember 2020 dan 2019 masing-masing of 31 December 2020 and 2019 amounted to
adalah sebesar Rp 249 dan Rp 163.395. Rp 249 and Rp 163,395, respectively.
132
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
31 Desember/December
2020 2019
Simpanan nasabah Deposits from customers
Rupiah 11,396,888 9,807,345 Rupiah
Dolar Amerikat Serikat 284,829 95,712 United States Dollar
Yen Jepang 19,915 17,854 Japanese Yen
Mata uang asing lainnya 60,383 34,794 Other foreign currencies
11,762,015 9,955,705
Beban bunga yang masih harus
dibayar 2,414 3,066 Accrued interest expenses
11,764,429 9,958,771
Tingkat suku bunga rata-rata tabungan per Average interest rate per annum for saving
tahun: deposits:
Saldo tabungan yang diblokir pada tanggal Total saving deposits which were blocked as of
31 Desember 2020 dan 2019 masing-masing 31 December 2020 and 2019 amounted to
adalah sebesar Rp 13.849 dan Rp 5.072. Rp 13,849 and Rp 5,072, respectively.
31 Desember/December
2020 2019
133
Financial Statements 2020
31 Desember/December
2020 2019
494 31 Desember/December
2020 2019
7% - 8% 8,601 7,236,869 7% - 8%
8% - 9% 1,038 262,024 8% - 9%
64,257,197 52,089,065
Beban bunga yang masih harus
dibayar 263,931 204,823 Accrued interest expenses
64,521,128 52,293,888
Tingkat suku bunga rata-rata per tahun untuk Average interest rate per annum for time
deposito: deposits:
Saldo deposito berjangka yang diblokir atau Total time deposits blocked or pledged for
dijadikan jaminan kredit pada tanggal collaterals of loans as of 31 December 2020 and
31 Desember 2020 dan 2019, masing-masing 2019 amounted to Rp 303,364 and Rp 235,095,
adalah sebesar Rp 303.364 dan Rp 235.095. respectively.
134
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Rata-rata suku bunga deposito on call per tahun Average interest rates on deposits on call per
untuk tahun-tahun yang berakhir pada tanggal annum for the years ended 31 December 2020
31 Desember 2020 dan 2019, masing-masing and 2019 were 4.56% and 6.66%, respectively.
adalah 4,56% dan 6,66%. 495
19. SIMPANAN DARI BANK-BANK LAIN 19. DEPOSITS FROM OTHER BANKS
Tidak ada saldo simpanan dari bank-bank lain There were no deposits from other banks which
yang diblokir atau dijadikan jaminan pada were blocked or pledged as of 31 December
tanggal 31 Desember 2020 dan 2019. 2020 and 2019.
135
Financial Statements 2020
19. SIMPANAN DARI BANK-BANK LAIN (lanjutan) 19. DEPOSITS FROM OTHER BANKS (continued)
b. Berdasarkan mata uang: b. By currency:
31 Desember/December
2020 2019
c. Tingkat suku bunga rata-rata per tahun: c. Average interest rate per annum:
Tahun berakhir 31 Desember/
Year ended December
2020 2019
Rupiah Rupiah
Call money 5.20% 6.81% Call money
Bank acceptance finance 5.86% 7.5% Bank acceptance finance
496 Tabungan - 1.5% Savings deposits
Giro 0.23% 0.03% Current accounts
Dikurangi: Less:
Biaya transaksi yang belum Unamortised transaction costs
diamortisasi - (591)
- 1,301,409)
Ditambah: Add:
Beban bunga yang masih harus
dibayar - 5,032) Accrued interest expenses
- 1,306,441)
*) Berdasarkan peringkat dari PT Pemeringkat Efek Indonesia *) Based on rating by PT Pemeringkat Efek Indonesia
136
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Pembayaran bunga surat utang jangka Interest on medium term notes are paid every
menengah dilakukan setiap 3 bulan dan 3 months and the principal are paid on maturity
pembayaran pokok dilakukan pada saat jatuh date. The Bank has paid the interest based on
tempo. Bank telah melakukan pembayaran the schedule. On 14 June 2020, the Bank fully
bunga sesuai dengan jadwal. Pada tanggal repaid the medium term notes.
14 Juni 2020, Bank melakukan pelunasan atas
surat utang jangka menengah.
31 Desember/December
Peringkat/
Rating*) 2020 2019
Dikurangi: Less:
Biaya emisi yang belum Unamortised bonds
diamortisasi (6,955) (10,781) issuance costs
993,045) 1,889,219)
Ditambah: Add:
Beban bunga yang masih
harus dibayar 7,379) 21,254) Accrued interest expenses
1,000,424) 1,910,473)
*) Berdasarkan peringkat dari PT Fitch Ratings Indonesia *) Based on rating by PT Fitch Ratings Indonesia
137
Financial Statements 2020
Informasi lain mengenai utang obligasi pada Other information relating to bonds payable as
tanggal 31 Desember 2020 dan 2019 adalah of 31 December 2020 and 2019 was as follows:
sebagai berikut:
Tingkat bunga
Nilai tetap/ Tanggal Cicilan pokok
nominal/ Fixed penerbitan/ obligasi/
Seri/ Nominal interest Date of Jatuh tempo/ Bonds principal
Series value rate issuance Due date installment
Pembayaran bunga obligasi dilakukan setiap Bonds interests are paid every 3 months and
3 bulan dan pembayaran pokok dilakukan pada bonds principals are paid on the maturity date.
saat jatuh tempo. Bank telah melakukan Bank has paid the bonds principal and interest
pembayaran pokok dan bunga obligasi sesuai based on the schedule.
dengan jadwal.
Bank berkewajiban menjaga jumlah aset yang The Bank should keep the total assets that have
tidak diagunkan secara khusus minimal not been specifically pledged at the minimum
sebesar 125% dari total obligasi yang 125% from total issued bonds including bonds
diterbitkan termasuk pokok obligasi. Bank telah principal. The Bank has complied with the
memenuhi batasan-batasan yang diwajibkan covenants on the trustee agreement.
dalam perjanjian tersebut.
Beban bunga atas utang obligasi untuk tahun The interest expenses of bonds payable for the
yang berakhir pada tanggal 31 Desember 2020 years ended 31 December 2020 and 2019
dan 2019 masing-masing sebesar Rp 133.354 amounted to Rp 133,354 and Rp 88,648,
dan Rp 88.648 (Catatan 31). respectively (Note 31).
138
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Pinjaman yang diterima terdiri dari pinjaman bank Borrowings consists of bank borrowings and non-
dan pinjaman bukan bank yang dilakukan dengan bank borrowings with related parties and third
pihak berelasi dan pihak ketiga. parties.
31 Desember/December
2020 2019
Dikurangi: Less:
Ditambah: Add:
Beban bunga yang masih harus
dibayar 119,055 141,471) Accrued interest expenses
31,183,344 38,188,926)
31 Desember/December
2020 2019
28,405,712 36,811,689)
139
Financial Statements 2020
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Pinjaman Bilateral PT Bank Central Asia Bilateral Borrowing with PT Bank Central
Tbk Asia Tbk
Pada tanggal 4 Mei 2018, Bank telah On 4 May 2018, the Bank signed non-revolving
menandatangani perjanjian fasilitas kredit non- term loan facility agreement amounting to
revolving term loan sebesar Rp 1.400.000 Rp 1,400,000 with PT Bank Central Asia Tbk as
dengan PT Bank Central Asia Tbk sebagai the creditor. The purpose of the borrowing is for
kreditur. Tujuan pinjaman adalah untuk modal working capital.
kerja Bank.
Pada tanggal 31 Juli 2018, Bank telah On 31 July 2018 the Bank signed first
menandatangani Perubahan Pertama atas amendment of the borrowing agreement that
Perjanjian Kredit yaitu penambahan pokok increase the principal amount of non-revolving
fasilitas non-revolving term loan sebesar term loan facilty by Rp 1,100,000, resulting in
Rp 1.100.000, sehingga jumlah fasilitas total facility of Rp 2,500,000.
menjadi Rp 2.500.000.
500 Berdasarkan perjanjian fasilitas, batas waktu Based on the facility agreement, the availability
penggunaan fasilitas kredit adalah sampai period will be ended on the 6 (sixth) month from
dengan 6 (enam) bulan dari tanggal perjanjian the date of agreement.
kredit.
2020 Annual Report PT Bank BTPN Tbk
Fasilitas kredit harus ditarik sepenuhnya dalam The facility should be fully drawndown within
batas waktu penarikan dengan ketentuan the availability period with minimum drawdown
jumlah minimum penarikan adalah Rp 500.000 amount is Rp 500,000 or any remaining
atau sebesar jumlah fasilitas kredit yang belum undrawn amount.
ditarik.
Pinjaman harus dibayar kembali dalam jangka The borrowing should be repaid within 2 (two)
waktu 2 (dua) tahun sejak tanggal perjanjian years after the date of borrowings agreement.
pinjaman. Periode bunga adalah setiap 3 (tiga) Interest period is 3 (three) or 6 (six) months
atau 6 (enam) bulan berdasarkan suku bunga based on JIBOR interest rate and the payment
JIBOR, dengan pembayaran bunga dilakukan of interest execute every due date.
setiap tanggal jatuh tempo.
Penarikan pertama dilakukan pada tanggal The first drawdown was on 23 May 2018,
23 Mei 2018 sebesar Rp 700.000 dengan suku amounting to Rp 700,000 with interest rate
bunga 7,78% (6 bulan JIBOR + 1,35%), jatuh 7.78% (JIBOR 6 months + 1.35%), due date on
tempo tanggal 4 Mei 2020. Suku bunga 4 May 2020. Interest rate will be repriced on
disesuaikan setiap 6 (enam) bulan. semi-annual basis. Interest will be paid every
Pembayaran bunga dilakukan setiap 6 (six) months, which is on 23 November and
6 (enam) bulan, yaitu pada tanggal 23 May, started on 23 November 2018 and will
23 November dan 23 Mei, yang dimulai pada be ended on 4 May 2020. On
tanggal 23 November 2018 dan berakhir pada 23 November 2018 the interest rate was
tanggal 4 Mei 2020. Pada tanggal repriced to 9.165%.
23 November 2018, suku bunga telah
disesuaikan menjadi 9,165%.
Penarikan kedua dilakukan pada tanggal The second drawdown was on 5 June 2018,
5 Juni 2018 sebesar Rp 700.000 dengan suku amounting to Rp 700,000 with interest rate
bunga 7,815% (6 bulan JIBOR + 1,35%), jatuh 7.815% (JIBOR 6 months + 1.35%), due date
tempo pada tanggal 4 Mei 2020. Suku bunga on 4 May 2020. Interest rate will be repriced on
disesuaikan setiap 6 (enam) bulan. semi-annual basis. Interest will be paid every
Pembayaran bunga dilakukan setiap 6 (six) months, which is on 5 December and
6 (enam) bulan, yaitu pada tanggal 5 June, started on 5 December 2018 and will
5 Desember dan 5 Juni, yang dimulai pada be ended on 4 May 2020. On
tanggal 5 Desember 2018 dan berakhir pada 5 December 2018, the interest rate was
tanggal 4 Mei 2020. Pada tanggal repriced to 9.165%.
5 Desember 2018, suku bunga telah
disesuaikan menjadi 9,165%.
140
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Pinjaman Bilateral PT Bank Central Asia Bilateral Borrowing with PT Bank Central
Tbk (lanjutan) Asia Tbk (continued)
Penarikan ketiga dilakukan pada tanggal The third drawdown was on 12 September 2018,
12 September 2018 sebesar Rp 1.100.000 amounting to Rp 1,100,000 with interest rate
dengan suku bunga 8,69% (6 bulan JIBOR + 8.69% (JIBOR 6 months + 1.35%), due date on
1,35%), jatuh tempo pada tanggal 4 Mei 2020. 4 May 2020. Interest rate will be repriced on
Suku bunga disesuaikan setiap 6 (enam) semi-annual basis. Interest will be paid every
bulan. Pembayaran bunga dilakukan setiap 6 (six) months, which is on 12 March and
6 (enam) bulan, yaitu pada tanggal 12 Maret 12 September, started on 12 March 2019 and will
dan 12 September yang dimulai pada tanggal be ended on 4 May 2020.
12 Maret 2019 dan berakhir pada tanggal
4 Mei 2020.
Sebelum penggabungan, SMBCI memiliki Before the merger, SMBCI had 5 Bilateral
5 fasilitas Pinjaman Bilateral dari PT Bank Borrowing facilities from PT Bank Central Asia
Central Asia Tbk yang ditandatangani pada which were signed during 2009 to 2017. As of
rentang waktu tahun 2009 hingga 2017. Pada 31 December 2019, there were
tanggal 31 Desember 2019, terdapat 4 (four) outstanding facillities, with total facilities
4 (empat) fasilitas yang masih berlaku, dengan amounting to Rp 3,500,000 with details as 501
total fasilitas adalah sebesar Rp 3.500.000 follows:
dengan detil sebagai berikut:
Fasilitas harus ditarik dalam 18 (delapan The facility should be fully drawndown
belas) bulan sejak tanggal perjanjian within 18 (eighteen) months from the date
kredit. Periode bunga adalah setiap 3 of agreement. The interest period is 3
(tiga) bulan berdasarkan suku bunga (three) months based on JIBOR interest
JIBOR, dengan pembayaran bunga rate and the interest will be paid every due
dilakukan setiap tanggal jatuh tempo. date. The interest rate for this facility is
Suku bunga terhadap pinjaman ini adalah JIBOR + 0.60% during 2009 up to
JIBOR + 0,60% untuk rentang waktu 2009 November 2020.
sampai dengan November 2020.
Pada November 2020, periode bunga As of November 2020, the interest period is
adalah minimal 1 (satu) bulan minimum 1 (one) month based on
berdasarkan jumlah penarikan dengan drawdown amount. The interest rate for this
suku bunga tetap, dengan pembayaran borrowing is 4,975%.
bunga dilakukan setiap tanggal jatuh
tempo. Suku bunga terhadap pinjaman ini
adalah 4,975%
141
Financial Statements 2020
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
142
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Jangka waktu pinjaman adalah 18 (delapan The facility should be fully drawndown
belas) bulan sejak tanggal Perjanjian within 18 (eighteen) months from the
Kredit. Periode bunga adalah setiap 3 (tiga) date of agreement. The interest period is
bulan berdasarkan suku bunga JIBOR, 3 (three) months based on JIBOR
dengan pembayaran bunga dilakukan interest rate and the interest will be paid
setiap tanggal jatu tempo. Suku bunga every due date. The interest rate for this
terhadap pinjaman ini adalah facility is JIBOR + 0,60%.
JIBOR + 0,60%.
Setelah penggabungan, fasilitas tersebut After the merger, the above facilities are
digabung menjadi 1 (satu) fasilitas combined into 1 (one) Bilateral
Pinjaman Bilateral dari PT Bank Central Borrowing facility from PT Bank Central
Asia Tbk yang ditandatangani pada Asia which was signed on 4 May 2020.
tanggal 4 Mei 2020. Perjanjian pinjaman The facility of Revolving Term Loan
Revolving Term ini sebesar Rp 2,500,000 amounting Rp 2,500,000 which the
yang merupakan perpanjangan dan renewal and amendment from
perubahan dari perjanjian pinjaman 31 Juli agreement dated 31 July 2018. 503
2018.
Setelah penggabungan, fasilitas tersebut After the merger, the above facilities are
143
Financial Statements 2020
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Pada tanggal 31 Desember 2020, total fasilitas As of 31 December 2020, total amount of long-
pinjaman jangka panjang dari Sumitomo Mitsui term borrowing facilities from Sumitomo Mitsui
Banking Corporation - Cabang Singapura Banking Corporation - Singapore Branch was
berjumlah USD 3.625.000.000 (nilai penuh). USD 3,625,000,000 (full amount).
(31 Desember 2019: USD 2.825.000.000, nilai (31 December 2019: USD 2,825,000,000, full
penuh) amount)
Tingkat suku bunga kontraktual setahun atas Contractual interest rate per annum on long-
pinjaman jangka panjang ini adalah cost of fund term borrowings is cost of fund plus certain
ditambah margin tertentu. Untuk posisi pada margin. For position as of 31 December 2020,
tanggal 31 Desember 2020, marjin yang the applied margin was 0.50%.
diterapkan adalah 0,50%. (31 Desember 2019: (31 December 2019: 0.50%)
0,50%)
Pada tanggal 31 Desember 2020 dan 2019, As of 31 December 2020 and 2019, there was
tidak terdapat pembatasan-pembatasan no certain covenant which was required to be
tertentu yang disyaratkan dalam pinjaman maintainted in terms of long-term borrowings.
jangka panjang ini.
Dikurangi: Less:
Biaya transaksi yang belum Unamortised transaction
diamortisasi (21,908) (14,380) costs
Ditambah: Add:
Beban bunga yang masih harus
dibayar 66,164) 22,821) Accrued interest expenses
2,777,632) 1,377,236)
Pembayaran bunga pinjaman telah dibayarkan Payments of interest on borrowings had been
oleh Bank sesuai dengan jadwal. paid by the Bank in accordance with the
schedule.
144
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
145
Financial Statements 2020
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
(i) Perjanjian Pinjaman 2012 (lanjutan) (i) Borrowing Agreement 2012 (continued)
- tidak menerbitkan saham tambahan - not issue any additional shares and
dan tidak akan melakukan transfer shall not have its existing shares
saham, penjualan, perjanjian yang transferred, sold, pledged or otherwise
akan mengubah SMBC menjadi encumbered such that action would
pemegang saham non-pengendali make the SMBC to become non-
sesuai dengan ketentuan Peraturan controlling shareholder under the
Perbankan atau Keuangan di
Indonesia; Regulations;
modal tidak kurang dari 8% dan rasio than 8% and liquidity asset ratio of no
likuiditas aset tidak kurang dari 20%. less than 20%.
Pada tanggal 31 Desember 2020 dan As of 31 December 2020 and 2019, the
2019, Bank telah memenuhi seluruh rasio Bank had fulfilled all the required ratios.
yang dipersyaratkan.
Tujuan pinjaman tersebut adalah untuk The purpose of borrowing was to finance
mendanai pembiayaan kredit mikro, usaha the Women-Owned Micro, Small Medium
kecil menengah yang dimiliki perempuan, Enterprise (MSME) loans, Green loans and
green loans, pinjaman SCF. Bank akan SCF loans. The Bank will use its best
melakukan upaya terbaiknya untuk efforts to ensure that the aggregated
memastikan bahwa jumlah agregat dari amount of the disbursements made to each
pencairan yang diberikan untuk setiap loans was at least equal to 25% of the
pinjaman setidaknya sama dengan 25% maximum loan amount.
dari jumlah maksimum pinjaman.
Pada tanggal 30 Desember 2019, Bank On 30 December 2019, loan was
melakukan penarikan sebesar Rp 699.250, drawndown amounting to Rp 699,250,
ekuivalen USD 50.000.000 (nilai penuh) equivalent to USD 50,000,000 (full
dengan suku bunga 7,75% dan jatuh amount) with interest rate 7.75% and
tempo pada 3 Desember 2024. maturity date on 3 December 2024.
Pembayaran bunga dilakukan setiap Interest payment will be paid every 6 (six)
6 (enam) bulan, yang dimulai pada tanggal months, which is started on 30 June 2020
30 Juni 2020 dan akan berakhir pada and will be ended on 30 December 2024.
tanggal 30 Desember 2024.
Pada tanggal 28 Januari 2020, Bank On 28 January 2020, loan was drawdown
melakukan penarikan sebesar Rp amounting to Rp 1,364,600, equivalent to
1.364.600, ekuivalen USD 100.000.000 USD 100,000,000 (full amount) with
(nilai penuh) dengan suku bunga 7,30% interest rate 7.30% and maturity date on 28
dan jatuh tempo pada 28 Januari 2025. January 2025. Interest payment will be
Pembayaran bunga dilakukan setiap 6 paid every 6 (six) months, which is started
(enam) bulan, yang dimulai pada tanggal on 28 July and will be ended on 28 January
28 Juli 2020 dan akan berakhir pada 2025.
tanggal 28 Januari 2025.
146
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
(ii) Perjanjian Pinjaman 2019 (lanjutan) (ii) Borrowing Agreement 2019 (continued)
Pada tanggal 31 Desember 2019, total As of 31 December 2019, the unused facility
fasilitas yang belum dipergunakan sebesar was amounting to USD 100,000,000 (full
USD 100.000.000 (nilai penuh). amount).
Dalam perjanjian pinjaman tersebut, diatur The borrowing agreements provide several
beberapa pembatasan yang harus covenants required from the Bank, such as:
dipenuhi oleh Bank antara lain:
Pada tanggal 31 Desember 2020 dan As of 31 December 2020 and 2019, the
2019, Bank telah memenuhi seluruh rasio Bank had fulfilled all the required ratios.
yang dipersyaratkan.
Pinjaman tersebut digunakan untuk penyaluran The borrowing is used to distribute Prosperous
Pembiayaan Rumah Sejahtera Bagi Masyarakat Home Financing for Low-Income Communities
Berpenghasilan Rendah (Program Kredit (Government Subsidized Housing Ownership
Pemilikan Rumah Bersubsidi Pemerintah). Bank Credit Program). Bank acted as an executing
bertindak sebagai Bank Pelaksana Kredit bank of Prosperous Home Ownership Loans.
Pemilikan Rumah Sejahtera.
147
Financial Statements 2020
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Pada tanggal 31 Desember 2020 dan 2019, As of 31 December 2020 and 2019, the Bank
Bank telah menyalurkan dana FLPP kepada has disbursed FLPP fund for 3 (three) debtors
3 (tiga) debitur dengan jangka waktu pinjaman with tenor of 120-180 months and principal
120-180 bulan dengan nilai pokok Rp 300. Bank amount of Rp 300. The Bank was obliged to pay
memiliki kewajiban untuk membayar bunga at 0.5% per annum.
kepada PPDPP sebesar 0,5% per tahun.
Liabilitas imbalan kerja karyawan terdiri dari: Employee benefits liabilities consist of:
31 Desember/December
2020 2019
Bank dan Entitas Anak menerapkan kebijakan The Bank and Subsidiary implement post-
program manfaat imbalan pascakerja sesuai employment benefits policy based on Labor Law
dengan Undang-Undang Tenaga Kerja ( UUTK ) ( UUTK ) No. 13 Year 2003 and Collective Labor
No. 13 Tahun 2003 dan Perjanjian Kerjasama yang Agreement applied in Bank. The calculation basis of
berlaku di Bank. Dasar perhitungan manfaat UUTK this UUTK No. 13 benefit is the current basic salary.
No. 13 ini menggunakan gaji pokok terkini. Program
pensiun manfaat pasti ini dikelola oleh PT Asuransi managed by PT Asuransi Allianz Life Indonesia.
Allianz Life Indonesia.
148
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
23. LIABILITAS IMBALAN KERJA KARYAWAN 23. EMPLOYEE BENEFITS LIABILITIES (continued)
(lanjutan)
Program tersebut memberikan manfaat pensiun The program calls for benefits to be paid to eligible
yang akan dibayarkan kepada karyawan yang employees at retirement or when the employees
berhak pada saat karyawan pensiun atau pada saat resign according to the UUTK. The funding of the
karyawan tersebut berhenti sesuai dengan pension plan is conducted by the Bank and
peraturan UUTK. Pendanaan program pensiun ini Subsidiary through payments of annual
dilakukan oleh Bank dan Entitas Anak dengan contributions which are sufficient to meet the
membayar iuran tahunan yang setidaknya minimum requirements set forth in applicable laws.
memenuhi jumlah minimum seperti yang diharuskan
oleh peraturan perundang-undangan yang berlaku.
Pada tanggal 31 Desember 2020, jumlah karyawan As of 31 December 2020, the total number of the
Bank yang memiliki hak atas manfaat ini adalah employees eligible for this benefit are 6,806
6.806 karyawan (31 Desember 2019: 6.750 employees (31 December 2019: 6,750 employees)
karyawan) (tidak diaudit). (unaudited).
Pada tanggal 31 Desember 2020, jumlah karyawan As of 31 December 2020, the total number of the
Entitas Anak yang memiliki hak atas imbalan ini employees eligible for this benefit was
adalah sebanyak 4.954 karyawan (31 Desember 4,954 employees (31 December 2019: 5,111
2019: 5.111 karyawan) (tidak diaudit). employees) (unaudited).
Pada tahun 2019, Bank dan Entitas Anak berinisiatif In 2019, the Bank and Subsidiary initiatively 509
memberikan program cash retention kepada provided a cash retention program to employees
karyawan yang memiliki hak opsi saham dari who owned -
31 Desember/December
2020 2019
149
Financial Statements 2020
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
23. LIABILITAS IMBALAN KERJA KARYAWAN 23. EMPLOYEE BENEFITS LIABILITIES (continued)
(lanjutan)
Imbalan pascakerja (lanjutan) Post-employment benefits (continued)
Bank (lanjutan) Bank (continued)
Status pendanaan atas program pensiun pada The funding status of the pension plan as of
tanggal 31 Desember 2020 dan 2019 berdasarkan 31 December 2020 and 2019 based on the actuarial
laporan aktuaria adalah sebagai berikut: reports was as follows:
31 Desember/December
2020 2019
Nilai kini liabilitas imbalan Present value of defined benefits
manfaat pasti 640,803) 540,349) liabilities
Nilai wajar aset program (545,350) (595,828) Fair value of plan assets
Kekurangan (kelebihan) pendanaan 95,453) (55,479) Funding deficit (surplus)
Perubahan liabilitas imbalan manfaat pasti selama The movement in the defined benefits liabilities
tahun berjalan adalah sebagai berikut: during the year was as follows:
Tahun berakhir 31 Desember/
Year ended 31 December
2020 2019
510 Perubahan nilai kini liabilitas imbalan
manfaat pasti:
Movement in present value of defined
benefits liabilities:
Nilai kini kewajiban imbalan manfaat Present value of defined benefits
pasti, awal tahun 540,349) 477,067) liabilities, beginning of the year
2020 Annual Report PT Bank BTPN Tbk
Lain-lain Others
Imbalan yang dibayarkan oleh aset Benefits paid by the plan assets
program selama tahun berjalan (74,549) (73,909) during the year
Nilai kini liabilitas imbalan manfaat Present value of net defined
pasti, akhir tahun 640,803) 540,349) benefits liabilities, end of year
Perubahan nilai wajar aset program selama tahun The movement of fair value of plan assets during
berjalan adalah sebagai berikut: the year was as follows:
Tahun berakhir 31 Desember/
Year ended 31 December
2020 2019
Lain-lain Others
Kontribusi yang dibayarkan
kepada program -) -) Contributions paid into the plan
Imbalan yang dibayarkan oleh
program (74,549) (73,909) Benefits paid by the plan
Nilai wajar aset program, Fair value of plan assets,
akhir tahun 545,350) 595,828) end of year
150
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
23. LIABILITAS IMBALAN KERJA KARYAWAN 23. EMPLOYEE BENEFITS LIABILITIES (continued)
(lanjutan)
Hasil yang diharapkan dari aset program ditentukan The expected return on plan assets is determined by
dengan mempertimbangkan imbal hasil yang considering the expected returns available on the
diharapkan atas aset dengan mengacu pada assets underlying the current investment policy.
kebijakan investasi. Hasil investasi bunga tetap Expected yields on fixed interest investments are
didasarkan pada hasil pengembalian bruto pada based on gross redemption yields as of the reporting
tanggal pelaporan. date.
Nilai kini liabilitas imbalan pascakerja, nilai wajar Present value of post-employment benefits
aset program, defisit/surplus pada program dan liabilities, fair value of plan assets, deficit/surplus of
penyesuaian pada liabilitas program dan aset program and adjustment on plan liabilities and plan
program untuk 5 tahun terakhir adalah sebagai assets for the last 5 years were as follows:
berikut:
31 Desember/December
2020 2019 2018 2017 2016
Nilai kini liabilitas imbalan Present value of defined
manfaat pasti 640,803)) 540,349) 477,067) 603,599) 827,306) benefits liabilities
Nilai wajar aset program (545,350)) (595,828) (635,475) (603,774) (825,087) Fair value of plan assets
Dampak batas atas aset -)) -) -) 175) -) The effect of the asset ceiling
Manajemen berkeyakinan bahwa estimasi liabilitas Management believes that the estimated post-
atas imbalan pascakerja pada tanggal employment benefit liabilities as of
31 Desember 2020 dan 2019 telah memenuhi 31 December 2020 and 2019 have fulfilled the
persyaratan minimum UUTK No. 13. minimum requirements of UUTK No. 13.
Durasi rata-rata tertimbang dari liabilitas program The weighted average duration of the defined
pensiun imbalan pasti pada tanggal benefit pension obligation as of 31 December 2020
31 Desember 2020 dan 2019 masing-masing adalah and 2019 was 12 years and 7 years, respectively.
12 tahun dan 7 tahun.
151
Financial Statements 2020
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
23. LIABILITAS IMBALAN KERJA KARYAWAN 23. EMPLOYEE BENEFITS LIABILITIES (continued)
(lanjutan)
Analisis jatuh tempo yang diharapkan dari manfaat Expected maturity analysis of undiscounted pension
pensiun yang tidak didiskontokan adalah sebagai benefits are as follows:
berikut:
31 Desember/ December
2020 2019
) )
Hingga 1 tahun 48,387 35,553 Up to 1 year
Lebih dari 1 - 2 tahun 46,622 44,932 More than 1 - 2 years
Lebih dari 2 - 5 tahun 238,323 186,109 More than 2 - 5 years
Lebih dari 5 tahun 3,336,316 2,666,202 More than 5 years
Sensitivitas liabilitas imbalan pascakerja untuk The sensitivity of the post-employment benefits
perubahan asumsi aktuarial utama adalah sebagai liabilities to changes in the key actuarial
berikut: assumptions was as follows:
512
2020
Kenaikan
Kenaikan (penurunan) (penurunan)
2020 Annual Report PT Bank BTPN Tbk
2019
Kenaikan
Kenaikan (penurunan) (penurunan)
nilai kini kewajiban beban jasa kini/
imbalan kerja/ Increase
Increase (decrease) in (decrease) in
Perubahan asumsi/ present value of current service
Change in assumption benefit obligation cost
Analisis sensitivitas didasarkan pada perubahan The sensitivity analysis is based on a change in an
atas satu asumsi aktuarial dimana asumsi lainnya assumption while holding all other assumptions
dianggap konstan. Dalam prakteknya, hal ini jarang constant. In practice, this is unlikely to occur and
terjadi dan perubahan beberapa asumsi mungkin changes in some of the assumptions may be
saling berkorelasi. Dalam perhitungan sensitivitas correlated. When calculating the sensitivity of the
kewajiban imbalan pascakerja atas asumsi aktuarial post-employment benefits liabilities to significant
utama, metode yang sama (perhitungan nilai kini actuarial assumptions, the same method (present
kewajiban imbalan pasti dengan menggunakan value of the defined benefits liabilities calculated
metode projected unit credit di akhir periode with the projected unit credit method at the end of
pelaporan) telah diterapkan seperti dalam the reporting period) has been applied as when
penghitungan liabilitas imbalan pascakerja. calculating the post-employment benefits liabilities.
152
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
23. LIABILITAS IMBALAN KERJA KARYAWAN 23. EMPLOYEE BENEFITS LIABILITIES (continued)
(lanjutan)
Nilai kini liabilitas imbalan pasti 217,467) 175,160) Present value of defined benefits liabilities
Nilai wajar aset program (193,363) (188,883) Fair value of plan assets
Kekurangan (kelebihan) pendanaan 24,104) (13,723) Funding deficit (surplus)
Perubahan liabilitas imbalan manfaat pasti selama The movement of defined benefits liabilities during
tahun berjalan adalah sebagai berikut: the year was as follows:
Tahun berakhir 31 Desember/
Year ended 31 December
2020 2019
Perubahan nilai kini liabilitas imbalan Movement in present value of defined
manfaat pasti: benefits liabilities:
153
Financial Statements 2020
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
23. LIABILITAS IMBALAN KERJA KARYAWAN 23. EMPLOYEE BENEFITS LIABILITIES (continued)
(lanjutan)
Imbalan pascakerja (lanjutan) Post-employment benefits (continued)
Entitas Anak (lanjutan) Subsidiary (continued)
Perubahan nilai wajar aset program selama tahun The movement of fair value of plan assets during the
berjalan adalah sebagai berikut: year was as follows:
Tahun berakhir 31 Desember/
Year ended 31 December
2020 2019
514 Seluruh aset program pensiun ditempatkan pada All of the pension plan assets are placed on Program
Program Dana Pensiun Lembaga Keuangan Dana Pensiun Lembaga Keuangan Allianz with time
Allianz dengan deposito berjangka sebagai aset deposits as underlying assets. The fair value of time
yang mendasari. Nilai wajar atas deposito deposits as of 31 December 2020 and 2019 was
2020 Annual Report PT Bank BTPN Tbk
Analisis jatuh tempo yang diharapkan dari imbalan Expected maturity analysis of undiscounted pension
pensiun yang tidak didiskontokan adalah sebagai benefits was as follow:
berikut:
2020 2019
154
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
23. LIABILITAS IMBALAN KERJA KARYAWAN 23. EMPLOYEE BENEFITS LIABILITIES (continued)
(lanjutan)
2020
Kenaikan
Kenaikan (penurunan) (penurunan)
nilai kini kewajiban beban jasa kini/
imbalan kerja/ Increase
Increase (decrease) in (decrease) in
Perubahan asumsi/ present value of current service
Change in assumption benefit obligation cost
Kenaikan/Increase 1% (21,524) (3,391)
Tingkat diskonto Penurunan/Decrease 1% 25,616) 4,044) Discount rate
2019
Analisis sensitivitas didasarkan pada perubahan The sensitivity analysis is based on a change in an
atas satu asumsi aktuaria dimana asumsi lainnya assumption while holding all other assumptions
dianggap konstan. Dalam praktiknya, hal ini jarang constant. In practice, this is unlikely to occur, and
terjadi dan perubahan beberapa asumsi mungkin changes in some of the assumptions may be
saling berkorelasi. Dalam perhitungan sensitivitas correlated. When calculating the sensitivity of the
liabilitas imbalan pascakerja atas asumsi aktuaria post-employment benefits liabilities to key actuarial
utama, metode yang sama (perhitungan nilai kini assumptions, the same method (present value of
liabilitas imbalan pasti dengan menggunakan the defined benefits liabilities calculated with the
metode projected unit credit di akhir periode projected unit credit method at the end of the
pelaporan) telah diterapkan seperti dalam reporting period) has been applied as when
penghitungan liabilitas imbalan pascakerja. calculating the post-employment benefits liabilities.
Imbalan kerja jangka panjang lainnya Other long-term employee benefits
Bank Bank
Bank juga memberikan manfaat cuti panjang The Bank also provides its employees with long
kepada karyawannya. leave benefit.
Perubahan liabilitas yang timbul dari imbalan kerja The movement in the
jangka panjang lainnya adalah sebagai berikut: other long-term employee benefits was as follows:
155
Financial Statements 2020
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
23. LIABILITAS IMBALAN KERJA KARYAWAN 23. EMPLOYEE BENEFITS LIABILITIES (continued)
(lanjutan)
Imbalan kerja jangka panjang lainnya (lanjutan) Other long term employee benefits (continued)
Bank (lanjutan) Bank (continued)
Tahun berakhir 31 Desember/
Year ended 31 December
2020 2019
Analisis jatuh tempo yang diharapkan dari imbalan Expected maturity analysis of undiscounted other
jangka panjang lainnya tidak didiskontokan adalah long-term employee benefits was as follows:
sebagai berikut:
31 Desember/ December
2020 2019
)
Hingga 1 tahun 5,822 5,880 Up to 1 year
Lebih dari 1 - 2 tahun 4,762 5,904 More than 1 - 2 years
Lebih dari 2 - 5 tahun 16,578 12,752 More than 2 - 5 years
Lebih dari 5 tahun 62,452 62,787 More than 5 years
Sensitivitas dari kewajiban imbalan jangka panjang The sensitivity of the other long term employee
lainnya terhadap perubahan asumsi aktuaria utama benefit obligation to changes in the principal
adalah sebagai berikut: actuarial assumptions was as follows:
2020
Kenaikan (penurunan)
nilai kini kewajiban Kenaikan
imbalan kerja/ increase (penurunan) beban
(decrease) in present jasa kini/ Increase
Perubahan asumsi/ value of benefit (decrease) in current
Change in assumption obligation service cost
)
Kenaikan/Increase 1% (1,098) (228)
Tingkat diskonto Penurunan/Decrease 1% 1,205) 249) Discount rate
2019
Kenaikan (penurunan)
nilai kini kewajiban
imbalan kerja/ increase Kenaikan (penurunan)
(decrease) in present beban jasa kini/
Perubahan asumsi/ value of benefit Increase (decrease) in
Change in assumption obligation current service cost
)
Kenaikan/Increase 1% (926) (203)
Tingkat diskonto Penurunan/Decrease 1% 1,013) 222) Discount rate
156
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
23. LIABILITAS IMBALAN KERJA KARYAWAN 23. EMPLOYEE BENEFITS LIABILITIES (continued)
(lanjutan)
Imbalan kerja jangka panjang lainnya (lanjutan) Other long term employee benefits (continued)
Entitas Anak Subsidiary
Perubahan liabilitas yang timbul dari imbalan kerja The movement in the liabilities arising from other
jangka panjang lainnya selama tahun berjalan long-term employee benefits over the year was as
adalah sebagai berikut: follows:
Tahun berakhir 31 Desember/
Year ended 31 December
2020 2019
157
Financial Statements 2020
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Kisaran tingkat suku bunga pinjaman subordinasi Range of interest rate for subordinated loans per
adalah 1,54% - 1,55% per tahun. year was 1.54% - 1.55%.
Pinjaman subordinasi digunakan untuk memperkuat Subordinated loans are used to strengthen the
struktur modal Debitur sebagai Modal pelengkap Borrower's capital structure as the supplementary
(Tier 2). Capital (Tier 2).
Sesuai Peraturan OJK Nomor 11/POJK.03/2016 In accordance with the Regulation of OJK Number
tentang Kewajiban Penyediaan Modal Minimum 11/POJK.03/2016 and Circular Letter of OJK
Bank Umum dan Surat Edaran OJK Nomor Number 20/SEOJK.03/2016 regarding Feature of
20/SEOJK.03/2016 tentang Fitur Konversi Menjadi Conversion to Common Stock or Write Down The
Saham Biasa atau Write Down terhadap instrumen Instruments of Additional Tier 1 and Tier 2, Lender
Modal Inti Tambahan dan Modal Pelengkap, and Borrower acknowledge the trigger events that
Kreditur dan Debitur memahami bahwa terdapat will cause the loan provided under this Agreement
kondisi yang menyebabkan (trigger events) to be converted to common stock or written down,
pinjaman yang diberikan sesuai dengan Perjanjian particulary in the event when the business continuity
ini harus dikonversi menjadi saham biasa atau of the debtor is potentially disrupted (point of non
dilakukan write down, yaitu dalam hal kelangsungan viability) and therefore affecting the liabilities of
usaha debitur berpotensi terganggu (point of non borrower to the lender, in the term of:
viability) sehingga mempengaruhi kewajiban debitur
kepada kreditur, yaitu dapat berupa:
(i) rasio Modal Inti Utama (Common Equity Tier (i) Common Equity Tier 1 (CET 1) is lower than or
1/CET 1) lebih rendah atau sama dengan equal to 5.125% of Risk-Weighted Assets
5,125% dari Aset Tertimbang Menurut Risiko (RWA), both individually and consolidated with
(ATMR) baik secara individu maupun its Subsidiaries; and/or
konsolidasi dengan Entitas Anak; dan/atau
(ii) terdapat rencana dari otoritas yang berwenang (ii) there is a plan of the competent authority to
untuk melakukan penyertaan modal kepada make capital injection to the Borrower which
Debitur yang dinilai berpotensi terganggu continuity of its business is evaluated to have
kelangsungan usahanya; dan the potential to be disrupted; and
(iii) terdapat perintah dari OJK untuk melakukan (iii) There is an order from OJK to convert into
konversi menjadi saham biasa dan/atau write common stock and/or write-down.
down.
158
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Pada tanggal 31 Desember 2020 dan 2019, Bank As of 31 December 2020 and 2019, the Bank
memenuhi seluruh persyaratan yang disebutkan complied with all the requirements mentioned in the
dalam perjanjian pinjaman subordinasi. subordinated loan agreements.
31 Desember/December
2020 2019
159
Financial Statements 2020
Transaksi ATM, transfer dan tagihan merchant ATM transaction, transfer and merchant bills consist
merupakan hutang atas transaksi ATM dan transfer of payables from Bank ATM transaction and transfer
antar bank yang akan diselesaikan pada hari kerja to other banks that will be settled on the next
berikutnya, serta transaksi dengan merchant melalui working day and transactions with merchants via
gerbang pembayaran. payment gateway.
Komisi asuransi diterima dimuka merupakan komisi Up-front insurance commission represents
yang diterima dari Allianz atas penjualan produk- commission received from Allianz for the sales of
produk asuransi kepada nasabah Bank melalui insurance products to the Bank’s customers through
seluruh saluran distribusi Bank. all Bank’s distribution channel.
Utang premi asuransi lainnya merupakan premi Other insurance premium payables are employees
terutang atas asuransi karyawan Bank dan Entitas insurance premium payables of the Bank and
Anak. Subsidiary.
Beban standby letters of credit yang masih harus Accrued standby letters of credit fees are expense
dibayarkan merupakan beban biaya yang masih for standby letters of credit related to loans that has
harus dibayar atas standby letter of credit terkait not been paid.
dengan pinjaman yang diberikan.
520
Pendapatan ditangguhkan terdiri atas pendapatan Unearned income consists of deferred income from
dari pembelian wesel ekspor yang ditangguhkan. export bills purchase.
2020 Annual Report PT Bank BTPN Tbk
Utang premi asuransi kredit terdiri dari pembayaran Loan insurance premium payable consists of
premi asuransi yang telah diterima dari debitur insurance premium payment from debtors not yet
namun belum dibayarkan kepada perusahaan paid to the insurance company.
asuransi.
Utang kepada pihak ketiga sebagian besar Payables to third parties mainly represent payable
merupakan utang terkait informasi dan teknologi (IT) related to information and technology (IT) and
dan utang kepada ASABRI. payable to ASABRI.
Klaim asuransi terdiri dari dana yang diterima dari Insurance claim represents funds received from
hasil klaim asuransi atas nasabah kredit pensiun insurance claim on pensioner debtors who passed
yang meninggal dunia dan pencatatan sementara away and a temporary record of refund of Bank’s
penerimaan kembali premi asuransi Bank. Dana insurance premium. The received fund would be in
yang diterima akan berada dalam akun ini sampai this account until the Bank can identify the specific
Bank dapat mengidentifikasi kontrak terkait. contract.
Lainnya terutama terdiri dari akun tampungan untuk Others mainly consist of escrow account for loan
penerimaan cicilan kredit yang diberikan. Dana yang installments received. The received fund would be
diterima akan berada dalam akun ini sampai Bank in this account until the Bank can identify the specific
dapat mengidentifikasi kontrak terkait. contract.
Bank menyajikan dana syirkah temporer The Bank presented temporary syirkah funds in
sehubungan dengan kepemilikan Bank atas Entitas relation to the Bank’s ownership in the Subsidiary
Anak yang bergerak di bidang perbankan syariah. which engages in sharia banking industry.
31 Desember/ December
2020 2019
160
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2002 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
26. DANA SYIRKAH TEMPORER (lanjutan) 26. TEMPORARY SYIRKAH FUNDS (continued)
31 Desember/ December
2020 2019
31 Desember/ December
2020 2019
2019
Tingkat bagi
Nisbah (%)/ hasil (%)/
Pre-determined Profit sharing
ratio (%) rate (%)
Pada tanggal 31 Desember 2020 dan 2019, As of 31 December 2020 and 2019, there were
tidak ada saldo tabungan mudharabah yang no mudharabah saving deposits which were
diblokir atau dijadikan jaminan pembiayaan. blocked or pledged for financing.
161
Financial Statements 2020
26. DANA SYIRKAH TEMPORER (lanjutan) 26. TEMPORARY SYIRKAH FUNDS (continued)
c. Berdasarkan jangka waktu c. By time period
2020 2019
d. Berdasarkan sisa umur sampai jatuh tempo d. By remaining period to maturity date
2020 2019
Pada tanggal 31 Desember 2020 dan 2019, tidak As of 31 December 2020 and 2019, there were no
ada saldo deposito mudharabah yang diblokir atau mudharabah time deposits which were blocked or
2020 Annual Report PT Bank BTPN Tbk
162
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2002 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Pemegang saham publik terdiri dari pemegang Public shareholders consist of shareholders whose
saham yang memiliki kurang dari 5% jumlah saham ownership are less than 5% of outstanding shares.
beredar. Seluruh saham yang beredar adalah All the outstanding shares are ordinary shares.
saham biasa.
Perubahan komposisi kepemilikan saham Changes in share ownership composition
Pada tanggal 1 Februari 2019, Bank melakukan On 1 February 2019, The Bank carried out corporate
aksi korporasi berupa Cash Offer dan Konversi action namely cash offer and Share Conversion due 523
Saham karena penggabungan usaha dengan to the merger with SMBCI, resulting in changes in
SMBCI, sehingga terdapat perubahan kepemilikan share ownership and an additional 2,296,846,112
saham dan penambahan sejumlah 2.296.846.112 shares.
163
Financial Statements 2020
28. CADANGAN PEMBAYARAN BERBASIS SAHAM 28. SHARE-BASED PAYMENT RESERVE (continued)
(lanjutan)
Program MESOP 2015-2020 (lanjutan) MESOP 2015-2020 Program (continued)
Hal ini dilakukan dengan cara mengeluarkan hak This is done by issuing option rights on new shares
opsi atas saham-saham baru masing-masing with a par value of Rp 20 (full amount) by a number
bernilai nominal Rp 20 (nilai penuh) dengan jumlah not exceeding 233,611,491 shares.
tidak melebihi 233.611.491 saham.
Berdasarkan Keputusan Sirkuler Resolusi Direksi Based on Circular Resolution of Directors
No. PS/BOD/004/IV/2015, pada tanggal No. PS/BOD/004/IV/2015, dated 15 April 2015, the
15 April 2015, Bank memberikan hak opsi sebesar Bank granted 141,575,000 share options. Share
141.575.000 saham. Hak opsi tersebut diberikan options granted to the Bank’s and the Subsidiary’s
kepada para anggota Direksi dan para karyawan members of the Board of Directors and the
jenjang tertentu dari Bank dan Entitas Anak yang employees on a certain level are determined by the
ditentukan oleh Dewan Komisaris atau oleh Direksi Board of Commissioners or by the Board of
Bank berdasarkan kuasa yang diberikan oleh Directors of the Bank under authority granted by the
Dewan Komisaris, selama jangka waktu yang Board of Commissioners, during a certain period
ditentukan oleh Dewan Komisaris. determined by the Board of Commissioners.
Para anggota Direksi dan karyawan pada jenjang Board of Directors and the employees at certain
tertentu dapat mengeksekusi opsi saham yang levels are able to execute share options that have
diberikan selama mereka tetap memberikan jasa been granted to them under the condition that the
524 selama periode opsi saham. respected party continues to provide service during
the share options period.
Pelaksanaan atas hak opsi atas saham-saham baru Implementation of the right options on new shares
tersebut harus sesuai dengan harga pelaksanaan, shall be in accordance with the exercise price, the
2020 Annual Report PT Bank BTPN Tbk
syarat dan ketentuan yang telah diumumkan dalam terms and conditions that have been published in
“Keterbukaan Informasi” yang diumumkan melalui the "Disclosure of Information" published in Bank’s
website Bank dan website Bursa Efek Indonesia and Indonesia Stock Exchange’s website on
tanggal 17 Februari 2015. 17 February 2015.
Periode pelaksanaan eksekusi opsi saham atas The exercise period of MESOP 2015-2020 Program
Program MESOP 2015-2020 terdiri dari: will be conducted on (1) Maximum 30% in May
(1) Maksimum 30% pada bulan Mei 2017, dengan 2017, with the implementation period of 30 trading
periode pelaksanaan selama 30 hari bursa dimulai days starting on 1 May 2017; (2) Maximum 30% in
pada tanggal 1 Mei 2017; (2) Maksimum 30% pada November 2017, with the implementation period of
bulan November 2017, dengan periode 30 trading days starting on 6 November 2017;
pelaksanaan selama 30 hari bursa dimulai pada (3) Maximum 60% in May 2018, with the
tanggal 6 November 2017; (3) Maksimum 60% pada implementation period of 30 trading days starting on
bulan Mei 2018, dengan periode pelaksanaan 7 May 2018; (4) Maximum 60% in November 2018,
selama 30 hari bursa dimulai pada tanggal 7 Mei with the implementation period of 30 trading days
2018; (4) Maksimum 60% pada bulan November starting on 5 November 2018; (5) Maximum 100%
2018, dengan periode pelaksanaan selama 30 hari on May 2019, with the implementation period of 30
bursa dimulai pada tanggal 5 November 2018; (5) trading days starting on 6 May 2019;
Maksimum 100% pada bulan Mei 2019, dengan (6) Maximum 100% on December 2019, with the
periode pelaksanaan selama 30 hari bursa dimulai implementation period of 30 trading days starting on
pada tanggal 6 Mei 2019; (6) Maksimum 100% pada 2 December 2019. The remaining option rights
bulan Desember 2019, dengan periode which have not yet been fully exercised up to prior
pelaksanaan selama 30 hari bursa dimulai pada exercise period can be implemented in the last
tanggal 2 Desember 2019. Sisa hak opsi yang belum exercise period of implementation.
dieksekusi secara penuh sampai dengan 100%
selama periode eksekusi sebelumnya dapat
dilaksanakan pada periode pelaksanaan eksekusi
terakhir.
Nilai wajar rata-rata tertimbang opsi Program The weighted average fair value of options granted
MESOP 2015-2020 yang diberikan selama tahun during the year for MESOP 2015-2020 Program was
berjalan yang ditentukan dengan menggunakan determined using the Binomial Model Parameter
Binomial Model Parameter adalah sebesar amounted to Rp 1,144.16; Rp 1,388.54; and
Rp 1.144,16; Rp 1.388,54; dan Rp 1.622,72 (nilai Rp 1,622.72 (full amount) per option for each vesting
penuh) per opsi untuk masing-masing periode period. The significant inputs into the model were
vesting. Input model yang signifikan adalah harga weighted average share price of Rp 4,030 on the
saham rata-rata tertimbang sebesar Rp 4.030 pada grant date, exercise price shown below, volatility of
tanggal pemberian, harga eksekusi seperti 29.37%, dividend yield of 0%, an expected option
ditunjukkan di bawah, volatilitas sebesar 29,37%, life of five years, and an annual risk-free interest rate
hasil dividen 0%, usia opsi yang diharapkan selama of 7.5%.
lima tahun dan tingkat bunga bebas risiko tahunan
sebesar 7,5%.
164
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2002 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
28. CADANGAN PEMBAYARAN BERBASIS SAHAM 28. SHARE-BASED PAYMENT RESERVE (continued)
(lanjutan)
Program MESOP 2015-2020 (lanjutan) MESOP 2015-2020 Program (continued)
Volatilitas yang diukur dengan standar deviasi atas The volatility measured at the standard deviation of
imbal hasil saham yang terus dimajemukkan continuously compounded share returns is based on
berdasarkan analisis stastisik atas harga saham statistical analysis of daily share prices starting from
harian sejak tanggal 3 Januari 2011 sampai tanggal 3 January 2011 until grant date.
pemberian.
Tingkat suku bunga bebas risiko sesuai dengan The risk free interest rate corresponds to market
pengembalian keuntungan atas obligasi pemerintah yields on government bonds of 5 years from grant
dengan jangka waktu 5 tahun sejak tanggal date.
pemberian.
Program ESOP 2016-2021 ESOP 2016-2021 Program
Berdasarkan Rapat Umum Pemegang Saham Luar Based on Extraordinary General Meeting of
Biasa (RUPSLB) tanggal 29 April 2016 Shareholders (RUPSLB) dated 29 April 2016 which
sebagaimana dituangkan kedalam Akta Risalah was notarised on Deed of Minutes of Extraordinary
Rapat Umum Pemegang Saham Luar Biasa No. 60 General Meeting of Shareholders No. 60 dated
tanggal 29 April 2016 yang dibuat di hadapan 29 April 2016 made before Hadijah, S.H., M.Kn, the
Hadijah, S.H., M.Kn, para pemegang saham shareholders approved the Bank's plan to increase 525
menyetujui rencana Bank untuk meningkatkan the issued and paid-in capital of the Bank by an
modal ditempatkan dan modal disetor Bank dengan amounts not exceeding Rp 2,336.
jumlah tidak melebihi Rp 2.336.
165
Financial Statements 2020
28. CADANGAN PEMBAYARAN BERBASIS SAHAM 28. SHARE-BASED PAYMENT RESERVE (continued)
(lanjutan)
526 Volatilitas diukur dengan standar deviasi atas imbal The volatility measured at the standard deviation of
hasil saham yang terus dimajemukkan berdasarkan continuously compounded share returns, which is
analisis statistik atas harga saham harian sejak based on statistical analysis of daily share prices
15 Mei 2014 sampai tanggal pemberian untuk starting from 15 May 2014 until the grant date for the
2020 Annual Report PT Bank BTPN Tbk
periode vesting pertama, sejak tanggal 13 Mei 2013 first vesting period, starting from 13 May 2013 until
sampai tanggal pemberian untuk periode vesting the grant date for the second vesting period and
kedua dan sejak 14 Mei 2012 sampai tanggal starting from 14 May 2012 for the third vesting
pemberian untuk periode vesting ketiga. period.
Tingkat suku bunga bebas risiko sesuai dengan The risk free interest rate corresponds to market
pengembalian keuntungan atas obligasi pemerintah yields on government bonds at grant date with
pada saat tanggal pemberian dengan jangka waktu duration ranging from 1 to 5 years.
1 sampai dengan 5 tahun.
Pada tahun 2019, Bank dan Entitas Anak berinisiatif In 2019, the Bank and Subsidiary initiatively
memberikan program cash retention kepada provided a cash retention program to employees
karyawan yang memiliki hak opsi saham dari who own share option rights from “ESOP 2016-2021
“Program ESOP 2016-2021”, dimana sebagian Program”, of which most of the share option holders
besar pemegang hak opsi saham tersebut sepakat agreed to first surrender their share option rights to
untuk menyerahkan terlebih dahulu hak opsi saham the Bank and the Subsidiary. As a result, the reserve
mereka kepada Bank dan Entitas Anak. Oleh karena for ESOP 2016-2021 Program as of 31 December
itu, cadangan atas Program ESOP 2016-2021 2020 and 2019 is now recorded as liabilities in
tanggal 31 Desember 2020 dan 2019 kini dicatat accordance with short-term employee benefits
sebagai liabilitas sesuai dengan kebijakan akuntansi accounting policy (Note 2x and 23).
imbalan kerja jangka pendek (Catatan 2x dan 23).
166
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2002 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
28. CADANGAN PEMBAYARAN BERBASIS SAHAM 28. SHARE-BASED PAYMENT RESERVE (continued)
(lanjutan)
31 Desember/December 2020
Harga eksekusi
per lembar dalam
Rupiah (nilai penuh)/
Exercise price per
share in Rupiah Opsi Saham/
(full amount) Share Option
31 Desember/December 2019
Harga eksekusi
per lembar dalam
Rupiah (nilai penuh)/
Exercise price per
share in Rupiah Opsi Saham/
(full amount) Share Option
Kadaluwarsa Forfeited
- Program MESOP 2015-2020 4,000 (17,230,000) MESOP 2015-2020 Program -
- Program ESOP 2016-2021 2,617 (63,000) ESOP 2016-2021 Program -
(17,293,000)
167
Financial Statements 2020
28. CADANGAN PEMBAYARAN BERBASIS SAHAM 28. SHARE-BASED PAYMENT RESERVE (continued)
(lanjutan)
Opsi saham atas Program MESOP 2015-2020 yang Share options of MESOP 2015-2020 Program
masih ada pada tanggal 31 Desember 2020 dan outstanding as of 31 December 2020 and 2019 have
2019 memiliki tanggal kadaluwarsa dan harga the following expiry dates and exercise prices:
eksekusi berikut ini:
Harga eksekusi per
lembar (nilai penuh)/
Tanggal Exercise price per Opsi Saham/Share Option
Tanggal Pemberian/ kadaluwarsa/ share 31 Desember/ 31 Desember/
Grant date Expiry date (full amount) December 2020 December 2019
528 Opsi saham atas Program ESOP 2016-2021 yang Share options of ESOP 2016-2021 Program
masih ada pada tanggal 31 Desember 2020 dan outstanding as of 31 December 2020 and 2019 have
2019 memiliki tanggal kadaluwarsa dan harga the following expiry dates and exercise prices:
eksekusi berikut ini:
2020 Annual Report PT Bank BTPN Tbk
Opsi saham atas Program ESOP 2016-2021 yang Share options of ESOP 2016-2021 Program
masih ada pada tanggal 31 Desember 2020 dan outstanding as of 31 December 2020 and 2019 have
2019 telah kadaluwarsa di bulan Januari 2021. expired in January 2021.
Para pemegang saham menyetujui penggunaan The shareholders approved the appropriation of net
laba bersih untuk tahun yang berakhir pada tanggal income for the year ended 31 December 2019 as
31 Desember 2019 sebagai berikut: (1) Bank follows: (1) the Bank booked appropriated retained
membukukan saldo laba yang sudah ditentukan earnings amounting to Rp 9,235 and (2) the remaining
penggunaannya sebesar Rp 9.235 dan (2) sisa dari balance of the net income acquired by the Bank in
total laba bersih yang diperoleh Bank untuk tahun book year ended on 31 December 2019 shall be
buku yang berakhir pada tanggal 31 Desember declared as unappropriated retained earnings.
2019 dinyatakan sebagai saldo laba yang belum
ditentukan penggunaannya.
Para pemegang saham menyetujui penggunaan The shareholders approved the appropriation of net
laba bersih untuk tahun yang berakhir pada tanggal income for the year ended 31 December 2018 as
31 Desember 2018 sebagai saldo laba yang belum unappropriated retained earnings.
ditentukan penggunaannya.
168
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2002 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
30. PENDAPATAN BUNGA DAN PENDAPATAN 30. INTEREST INCOME AND SHARIA INCOME
SYARIAH
Tahun berakhir 31 Desember/
Year ended 31 December
2020 2019*)
16,403,483 18,680,979
169
Financial Statements 2020
31. BEBAN BUNGA DAN HAK PIHAK KETIGA ATAS 31. INTEREST EXPENSE AND THIRD PARTIES’
BAGI HASIL DANA SYIRKAH TEMPORER SHARES ON RETURN OF TEMPORARY
SYIRKAH FUNDS
Tahun berakhir 31 Desember/
Year ended 31 December
2020 2019*)
5,281,544 7,165,697
Hak pihak ketiga atas bagi hasil dana Third parties’ shares on return of
syirkah temporer temporary syirkah funds
Pihak ketiga 496,852 522,771 Third parties
Pihak berelasi 659 816 Related parties
497,511 523,587
5,779,055 7,689,284
170
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2002 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Gaji, upah, bonus, tantiem dan imbalan Salaries, wages, bonus, tantiem and
kerja karyawan 1,984,834 2,016,558 employee benefits
Tunjangan hari raya 364,486 414,784 Holiday allowances
Tunjangan kesehatan 195,765 185,553 Medical benefit
Tunjangan pajak 190,665 173,624 Tax allowances
Tunjangan representasi 112,219 125,493 Representation allowance
Jamsostek 85,727 82,663 Jamsostek
Pendidikan dan latihan 68,057 138,688 Training and education
Tunjangan program kepemilikan
kendaraan 56,184 56,054 Car ownership program allowance
Tunjangan telepon 30,404 24,828 Telephone allowance
Tunjangan perumahan 21,349 22,012 Housing allowance
Lain-lain 101,705 98,328 Others
3,211,395 3,338,585
*) Setelah reklasifikasi (Catatan 48) * ) After reclasification (Note 48)
Termasuk dalam beban kepegawaian adalah gaji, Included under personnel expenses are salaries,
opsi saham dan kompensasi lainnya yang share options and other compensations paid to the
dibayarkan kepada Direksi, Dewan Komisaris dan Board of Directors, Board of Commissioners and
Komite Audit. Audit Committee.
171
Financial Statements 2020
34. BEBAN UMUM DAN ADMINISTRASI 34. GENERAL AND ADMINISTRATIVE EXPENSES
Tahun berakhir 31 Desember/
Year ended 31 December
2020 2019*)
Jasa dari pihak ketiga dan perlengkapan Services from third parties and office
kantor 883,125 974,085 supplies
Beban asuransi 416,540 445,471 Insurance expense
Sewa 412,743 620,873 Rent
Amortisasi piranti lunak (Catatan 15) 364,272 318,284 Amortisation of software (Note 15)
Penyusutan aset tetap (Catatan 14) 355,168 358,264 Depreciation of fixed assets (Note 14)
Depreciation of right-of-use assets
Penyusutan aset hak guna (Catatan 14) 223,563 - (Note 14)
Promosi dan iklan 157,063 216,201 Promotion and advertising
Jasa profesional 116,151 109,641 Professional fees
Pemeliharaan dan perbaikan 83,631 78,712 Repairs and maintenance
Lain-lain 50,677 34,445 Others
3,062,933 3,155,976
*) Setelah reklasifikasi (Catatan 48) * ) After reclasification (Note 48)
Jasa dari pihak ketiga dan perlengkapan kantor Services from third parties and office supplies
terdiri dari beban honorarium, perjalanan dinas, consist of expenses from honorarium, business
tagihan kantor pos, beban listrik, air dan telepon, travelling, post office billing, uitilities, data
532 komunikasi data, peralatan kantor dan jasa communication, office supplies, and delivery
pengiriman. services.
Lain-lain termasuk pajak reklame, pajak kendaraan, Others consist of advertisement tax, vehicle tax,
2020 Annual Report PT Bank BTPN Tbk
pajak daftar perusahaan, dan beban lain-lain Entitas company registration tax and Subsidiary’s
Anak. miscellaneous expenses.
35. CADANGAN KERUGIAN PENURUNAN NILAI 35. PROVISION FOR IMPAIRMENT LOSSES
Beban komisi dan administrasi 437,140 377,883 Commissions and administrative fees
Iuran tahunan OJK 81,192 79,152 OJK annual fee
Kerugian terkait risiko operasional 24,201 35,020 Loss of operational risk
Beban rumah tangga 23,977 24,104 Household expenses
Beban pengembangan komunitas 6,603 43,982 Community development expenses
Beban retribusi 3,074 3,216 Retribution expenses
Beban pengurusan klaim asuransi 2,956 3,117 Insurance claim expenses
Rekrutmen 1,679 1,822 Recruitment
Lain-lain 27,963 67,015 Others
608,785 635,311
Lain-lain termasuk beban jamuan, beban Others consist of entertainment expenses,
keanggotaan dan beban penyelesaian kredit. membership fees and credit settlement charges.
*) Setelah reklasifikasi (Catatan 48) * ) After reclasification (Note 48)
172
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2002 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Dalam kegiatan usahanya, Bank dan Entitas Anak In the normal course of business, the Bank and
melakukan transaksi dengan pihak-pihak berelasi, Subsidiary engage in transactions with related
terutama meliputi transaksi-transaksi keuangan. parties, primarily consisting of financial
transactions.
Di bawah ini adalah ikhtisar pihak-pihak berelasi The following is a summary of related parties who
yang bertransaksi dengan Bank dan Entitas Anak, have transactions with the Bank and Subsidiary,
termasuk sifat hubungan dan sifat transaksinya: including the nature of the relationships and
transactions:
Pihak berelasi/ Sifat hubungan/ Sifat transaksi/
Related parties Nature of relationships Nature of transactions
Sumitomo Mitsui Banking Corporation, Pemegang saham pengendali/ Giro pada bank lain; simpanan dari
Tokyo Controlling shareholders bank lain; transaksi derivatif/
Current accounts with other banks;
deposits from other banks;
derivative transactions
Sumitomo Mitsui Banking Corporation, Perusahaan afiliasi/affiliated Giro pada bank lain; simpanan dari
Singapore company bank lain; kewajiban akseptasi; pinjaman
yang diterima; pinjaman subordinasi;
transaksi derivatif/ Current accounts with
other banks; deposits from other banks;
acceptance payables; borrowings;
subordinated loans;
derivative transactions 533
Sumitomo Mitsui Banking Corporation, Perusahaan afiliasi/affiliated Giro pada bank lain; simpanan dari
Hongkong Branch company bank lain; transaksi derivatif/
173
Financial Statements 2020
37. INFORMASI MENGENAI PIHAK BERELASI 37. RELATED PARTY INFORMATION (continued)
(lanjutan)
Transaksi dengan pihak berelasi Transactions with related parties
Saldo dan rincian transaksi dengan pihak berelasi The outstanding balances and detail transactions
adalah sebagai berikut: with related parties were as follows:
(a) Giro pada bank-bank lain (a) Current accounts with other banks
31 Desember/31 December
2020 2019
1,206,768 2,132,709
Pendapatan bunga
yang masih akan diterima 2,372 12,538 Accrued interest income
1,209,140 2,145,247
174
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2002 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
37. INFORMASI MENGENAI PIHAK BERELASI 37. RELATED PARTY INFORMATION (continued)
(lanjutan)
Transaksi dengan pihak berelasi (lanjutan) Transactions with related parties (continued)
(d) Pinjaman yang diberikan (lanjutan) (d) Loans (continued)
Tahun berakhir 31 Desember/
Year ended 31 December
2020 2019
4,440,494 539,161
Beban bunga yang masih harus
dibayarkan 44,294 4,033 Accrued interest expense
4,484,788 543,194
175
Financial Statements 2020
37. INFORMASI MENGENAI PIHAK BERELASI 37. RELATED PARTY INFORMATION (continued)
(lanjutan)
Transaksi dengan pihak berelasi (lanjutan) Transactions with related parties (continued)
(f) Simpanan dari bank-bank lain (f) Deposits from other banks
31 Desember/31 December
2020 2019
Simpanan dari bank-bank lain 5,904,428 7,291,425 Deposits from other banks
Beban bunga yang masih harus
(dibayar 322 26,784 Accrued interest expenses
5,904,750 7,318,209
176
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2002 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
37. INFORMASI MENGENAI PIHAK BERELASI 37. RELATED PARTY INFORMATION (continued)
(lanjutan)
Transaksi dengan pihak berelasi (lanjutan) Transactions with related parties (continued)
(j) Pinjaman subordinasi (lanjutan) (j) Subordinated loans (continued)
Tahun berakhir 31 Desember/
Year ended 31 December
2020 2019
Persentase terhadap beban bagi hasil 0.13% 0.16% Percentage to total profit-sharing
Kompensasi yang dibayar atau terutang pada The compensation paid or payable to key
manajemen kunci atas jasa kepegawaian management for employee services is shown
adalah sebagai berikut: below:
31 Desember/December 2020
Personil manajemen kunci
Dewan Komisaris/Board of lainnya/Other key management
Direksi/Board of Directors Commissioners personnel
%* Rp %* Rp %* Rp
31 Desember/December 2019
Personil manajemen kunci
Dewan Komisaris/Board of lainnya/Other key management
Direksi/Board of Directors Commissioners personnel
%* Rp %* Rp %* Rp
177
Financial Statements 2020
37. INFORMASI MENGENAI PIHAK BERELASI 37. RELATED PARTY INFORMATION (continued)
(lanjutan)
Transaksi dengan pihak berelasi (lanjutan) Transactions with related parties (continued)
(m) Pembayaran berbasis saham (m) Share-based payments
Pembayaran berbasis saham yang diberikan Share-based payments given to the key
kepada personil manajemen kunci adalah management personnel are as follows:
sebagai berikut:
Manajemen kunci lainnya 2,617 52,865,000 2,617 3,780,000 Other key management
178
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2002 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Seluruh komitmen dan kontinjensi adalah dengan All commitments and contingencies are with the
pihak ketiga, kecuali aset komitmen. third parties, except committed assets.
179
Financial Statements 2020
Segmen operasi dilaporkan sesuai dengan laporan Operating segments are reported in accordance
internal yang disiapkan untuk Direksi, yang with the internal reporting provided to the Directors,
bertindak sebagai pengambil keputusan operasi, as the chief operating decision maker, who are
yang bertanggung jawab untuk mengalokasikan responsible for allocating resources to the
sumber daya ke segmen dan melakukan penilaian reportable segments and assesses its performance.
atas performanya. Seluruh segmen operasi yang All operating segments used by the Bank and
digunakan oleh Bank dan Entitas Anak telah Subsidiary meet the definition of a reportable
memenuhi kriteria pelaporan berdasarkan PSAK 5, segment under PSAK 5, “Operating Segment”.
“Segmen Operasi”.
Bank dan Entitas Anak memiliki 5 (lima) pelaporan The Bank and Subsidiary have 5 (five) reportable
segmen, berdasarkan produk usaha, sebagaimana segments, in accordance with the business product,
disajikan dalam tabel di bawah ini. as set out in the table below.
Ritel Retail
Terdiri dari pinjaman yang diberikan kepada Consists of loans to pensioners and other individual
nasabah pensiunan dan nasabah individual lainnya. customers.
540 Kredit Usaha Mikro, Kecil & Menengah (UMKM) Micro, Small & Medium Enterprises (MSME)
Terdiri dari pinjaman yang diberikan kepada Consists of loans to micro, small & medium
nasabah usaha mikro, kecil dan menengah yang enterprise customers for commercial purpose.
2020 Annual Report PT Bank BTPN Tbk
Terdiri dari aktivitas penghimpunan dana dari pihak Consists of funding business activity in raising funds
ketiga dan bank lain, serta aktivitas tresuri termasuk from third party and other banks, and centralised
pinjaman yang diterima dan surat berharga yang treasury operations including borrowings and
diterbitkan. Penghimpunan dana tresuri berada di securities issued. Funding and treasury are under
bawah direktorat yang sama. the same directorate.
Korporasi Corporate
Terdiri dari pinjaman dan layanan yang diberikan Consists of loans and services from corporate
dari nasabah korporasi yang digunakan untuk ((customers which related to commercial purpose.
kegiatan usaha.
Syariah Sharia
Merupakan lini segmen operasi atas Entitas Anak Represents a line of operating segments of
yang dimulai dari tanggal efektif beroperasi sebagai Subsidiary which started from the effective date to
bank umum syariah. operate as a sharia commercial bank.
Terdiri dari pembiayaan syariah dan dana pihak Consists of sharia financing and third party fund from
ketiga dari nasabah syariah yang digunakan untuk sharia customers which related to commercial
kegiatan usaha. purpose.
180
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2002 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Informasi pelaporan segmen adalah sebagai The reportable segment information was as follows:
berikut:
Tahun berakhir 31 Desember/Year ended 31 December 2020
Penyesuaian
Penghimpunan dan eliminasi/
dana dan Adjustment
Ritel/ tresuri/ Funding Korporasi/ Syariah/ and Konsolidasian/
Retail UMKM/ MSME and Treasury Corporate Sharia elimination Consolidated
Pendapatan dan
beban Operating income
operasional and expenses
Pendapatan bunga
dan syariah dari External interest and
pihak eksternal 6,320,994) 1,439,754) 703,255) 3,902,006) 4,037,474) -) 16,403,483) sharia income
Pendapatan bunga Inter-segment interest
antar segmen (3,393,407) (734,778) 6,537,193) (2,409,008) -) -) -) income
Beban bunga antar Inter-segment interest
segmen 112,552) 34,482) (2,936,182) 2,789,148) -) -) -) expense
Beban bunga dan Interest expense and
-)
bagi hasil syariah (15,898) (22,816) (2,932,562) (2,310,268) (497,511) (5,779,055) sharia profit sharing
Pendapatan bunga
dan syariah Net reportable
segmen segment interest
dilaporkan-bersih 3,024,241) 716,642) 1,371,704) 1,971,878) 3,539,963) -) 10,624,428) and sharia income
541
Pendapatan
operasional Other operating
lainnya: income:
Laba (rugi) bersih 799,360) (844,015) 208,652) 1,229,733) 854,614) (242,667) 2,005,677) Net profit (loss)
181
Financial Statements 2020
Aset Assets
Pinjaman/pembiayaan
yang diberikan-bersih 33,873,551) 12,161,412) - 78,081,955 8,673,376 -) 132,790,294 Net loans/financing
Pendapatan
bunga/marjin yang
masih akan diterima Accrued interest/
dari pinjaman/ margin income
pembiayaan yang from loans/
diberikan 311,486) 48,049) - 232,272 87,749 -) 679,556 financing
Aset lain-lain -) -) 34,010,438 - 6,920,254 (225,225) 40,705,467 Other assets
Pendapatan bunga
yang masih akan Accrued interest
diterima -) -) 195,394 - 69,975 -) 265,369 income
Liabilitas Liabilities
2020 Annual Report PT Bank BTPN Tbk
Simpanan nasabah 2,390,046) 597,899) 30,831,811 57,188,668 1,857,115 -) 92,865,539 Customer deposits
Beban bunga/bagi hasil Undistributed
yang masih harus revenue
dibayar -) -) 268,384 - 18,665 -) 287,049 sharing
Liabilitas lain-lain -) -) 44,744,358 - 200,001 (225,938) 44,718,421 Other liabilities
Beban bunga yang Accrued
masih harus dibayar -) -) 131,034 - - -) 131,034 interest expenses
Jumlah liabilitas yang Total allocated
dialokasikan 2,390,046) 597,899) 75,975,587 57,188,668 2,075,781 (225,938) 138,002,043 liabilities
Liabilitas yang tidak Unallocated
dialokasikan* 4,275,816 liabilities*
*) Komponen yang tidak dapat dialokasikan terutama terdiri dari aset dan liabilitas *) Unallocated items mainly comprise of income tax assets and liabilities, including
pajak penghasilan, termasuk pajak kini dan pajak tangguhan, aset dan liabilitas current and deferred taxes, derivative assets and liabilities, fixed assets, intangible
derivatif, aset tetap, aset takberwujud, liabilitas lainnya dan akrual assets, other liabilities and accruals
182
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2002 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Net reportable
Pendapatan bunga dan segment interest
syariah segmen and sharia
dilaporkan-bersih 3,390,763)) 785,909)) 1,362,052) 1,519,206) 3,933,765) - 10,991,695) income
Laba (rugi) bersih 1,001,118) (385,092) (125,370) 1,102,129) 1,399,633) -) 2,992,418) Net profit (loss)
31 Desember/December 2019
Penghimpunan Penyesuaian
dana dan tresuri/ dan eliminasi/
Ritel/ UMKM/ Funding and Korporasi/ Syariah/ Adjustment and Konsolidasian/
Retail MSME Treasury Corporate Sharia elimination Consolidated
Aset Assets
Pinjaman/pembiayaan
yang diberikan-bersih 41,051,406) 15,019,353) -) 75,514,770) 8,707,455) -) 140,292,984) Net loans/financing
Pendapatan bunga/marjin
yang masih akan Accrued interest/
diterima dari pinjaman/ margin income
pembiayaan yang from loans/
diberikan 373,606) 68,661) -) 295,491) 89,601) -) 827,359) financing
Aset lain-lain -) -) 25,932,578) -) 5,929,356) (1,244,387) 30,617,547) Other assets
Pendapatan bunga yang Accrued interest
masih akan diterima -) -) 33,615) -) 88,846) -) 122,461) income
183
Financial Statements 2020
Liabilitas Liabilities
Simpanan nasabah 2,501,285) 625,497) 27,612,593) 46,753,556) 1,895,885) -) 79,388,816) Customer deposits
Beban bunga/bagi hasil
yang masih harus Undistributed revenue
dibayar -) -) 210,601) -) 21,861) -) 232,462) sharing
Liabilitas lain-lain -) -) 58,936,647) -) -) (26,202) 58,910,445) Others liabilities
Beban bunga yang Accrued
masih harus dibayar -) -) 231,143) -) -) -) 231,143) interest expenses
Jumlah liabilitas yang Total allocated
dialokasikan 2,501,285) 625,497) 86,990,984) 46,753,556) 1,917,746) (26,202) 138,762,866) liabilities
Liabilitas yang tidak
dialokasikan* 3,845,927) Unallocated liabilities*
Temporary syirkah
Dana syirkah temporer -) -) -) -) ) 7,550,664) -) 7,550,664) ) fund
544 *) Komponen yang tidak dapat dialokasikan terutama terdiri dari aset dan liabilitas pajak
penghasilan, termasuk pajak kini dan pajak tangguhan, aset dan liabilitas derivatif, aset tetap,
*) Unallocated items mainly comprise of income tax assets and liabilities,
including current and deferred taxes, derivative assets and liabilities, fixed
aset takberwujud, liabilitas lainnya dan akrual assets, intangible assets, other liabilities and accruals
2020 Annual Report PT Bank BTPN Tbk
Penyesuaian dan
Kalimantan eliminasi/
Jawa/ Bali dan/and dan/and Adjustment and Konsolidasian/
Java Sumatera Nusa Tenggara Sulawesi elimination Consolidated
31 Desember 2020 31 December 2020
Pendapatan bunga 11,982,391) 2,321,780) 521,456) 1,577,856) -) 16,403,483) Interest income
Jumlah aset 161,025,536) 11,339,864) 2,854,985) 9,392,664) (1,447,071) 183,165,978) Total assets
184
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2002 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Jumlah laba per saham dasar yang Total basic earnings per share
tersedia bagi pemegang saham attributable to the ordinary equity
biasa Bank 217 327 holders of the Bank
c. Laba yang digunakan dalam perhitungan c. Earnings used in calculating earnings per
laba per saham share
31 Desember/December 545
2020 2019
d. Jumlah rata-rata tertimbang saham yang d. Weighted average number of shares used as
digunakan sebagai penyebut the denominator
31 Desember/December
2020 2019
Jumlah rata-rata tertimbang saham Weighted average number of
yang digunakan sebagai penyebut ordinary shares used as the
dalam perhitungan laba per saham denominator in calculating basic
dasar 8,053,732,969 7,858,627,916 earnings per share
Penyesuaian untuk perhitungan laba Adjustments for calculation of
per saham dilusian: diluted earnings per share:
- Opsi saham (Catatan 28) - 90,910,000 Share options (Note 28) -
Jumlah rata-rata tertimbang saham Weighted average number of
yang digunakan sebagai penyebut ordinary shares used as the
dalam perhitungan laba per saham denominator in calculating diluted
dilusian 8,053,732,969 7,949,537,916 earnings per share
185
Financial Statements 2020
41. PERJANJIAN KERJASAMA, KONTRAK DAN 41. SIGNIFICANT AGREEMENTS, CONTRACTS AND
KOMITMEN YANG SIGNIFIKAN COMMITMENTS
a. PT Taspen (Persero) a. PT Taspen (Persero)
Sejak tahun 2007, Bank telah bekerja sama Since 2007, the Bank has been cooperating with
dengan PT Taspen (Persero) dimana Bank PT Taspen (Persero) in which the Bank become
menjadi salah satu mitra untuk penanganan one of the partners for handling the payments of
pembayaran uang pensiun kepada para pension to retired government employees.
pensiunan pegawai Pemerintah.
b. PT Pos Indonesia (Persero) b. PT Pos Indonesia (Persero)
Sejak bulan Maret 2012 Bank telah bekerja Since March 2012 the Bank has been
sama dengan PT Pos Indonesia (Persero) cooperating with PT Pos Indonesia (Persero) in
dimana PT Pos Indonesia (Persero) membantu which PT Pos Indonesia (Persero) assists the
Bank dalam melakukan pemotongan uang Bank in deducting the pension benefits of retired
pensiun para pegawai Pemerintah untuk government employees for pension loan
angsuran kredit pensiun dan memasarkan installments
produk kredit pensiunan Bank. loan products.
Perjanjian kerjasama Bank dengan
PT Pos Indonesia (Persero) diperbaharui PT Pos Indonesia (Persero) is renewed regularly
546 secara berkala dan berdasarkan perjanjian and based on the latest agreement, the
terakhir kerjasama ini akan terus berlangsung cooperation will be continuing until July 2022. In
sampai dengan bulan Juli 2022. Pada tahun 2020 and 2019, the Bank paid commissions to
2020 dan 2019, Bank membayarkan komisi PT Pos Indonesia (Persero) amounting to
2020 Annual Report PT Bank BTPN Tbk
Pada bulan Desember 2018, Bank melakukan In December 2018, the Bank entered into a joint
kerjasama pembiayaan bersama (tanpa financing arrangement (without recourse) with
tanggung renteng) dengan PT Finansia Multi PT
kerjasama ini, on the agreement, the amount of funds to be
porsi fasilitas pembiayaan yang akan diberikan financed by each party will be a maximum of
adalah maksimum 90% dari Bank dan minimum 90% from the Bank and minimum of 10% from
10% dari pihak Finansia. Fasilitas maksimum Finansia. The maximum joint financing facility is
pembiayaan bersama adalah sebesar amounted to Rp 500,000. The term of the
Rp 500.000. Jangka waktu perjanjian adalah agreement is for 3 (three) years, from
untuk 3 (tiga) tahun, terhitung mulai tanggal 13 December 2018 to 13 December 2021.
13 Desember 2018 hingga 13 Desember 2021.
186
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
41. PERJANJIAN KERJASAMA, KONTRAK DAN 41. SIGNIFICANT AGREEMENTS, CONTRACTS AND
KOMITMEN YANG SIGNIFIKAN (lanjutan) COMMITMENTS (continued)
d. Perjanjian Kerjasama Jasa Pemasaran dan d. Marketing and Administration Services for
Administrasi Produk BTPN BTPN Product Agreement
Pada bulan Agustus 2015, Bank melakukan In August 2015, the Bank entered into agreement
Dalam kerjasama ini, OMA akan membantu agreement, OMA would assist to market and
memasarkan dan mengadministrasi produk
pinjaman Bank. Seluruh sumber dana pinjaman funds for the loans will come from the Bank.
berasal dari Bank. Perjanjian akan direviu Agreement will be reviewed every year, starting
setiap tahun, terhitung mulai tanggal from 31 August 2015.
31 Agustus 2015.
Untuk tahun yang berakhir pada tanggal For the years ended 31 December 2020 and
31 Desember 2020 dan 2019, imbalan yang 2019, the fees that were paid to OMA were
dibayarkan kepada OMA masing-masing Rp 14,494 and Rp 20,617, respectively.
sebesar Rp 14.494 dan Rp 20.617.
Untuk tahun yang berakhir pada tanggal For the years ended 31 December 2020 and
31 Desember 2020 dan 2019, imbalan yang 2019, the fees that were paid to SOF were
dibayarkan kepada SOF masing-masing Rp 10,439 and Rp 8,908, respectively.
sebesar Rp 10.439 dan Rp 8.908.
Pada bulan Agustus 2014, Bank melakukan In August 2014, the Bank entered into
kerjasama bancassurance dengan a bancassurance agreement with PT Asuransi
Bank akan mendistribusikan produk-produk distribute life insurance products of Allianz to its
asuransi jiwa dari Allianz kepada nasabah Bank on
melalui seluruh jalur distribusi Bank. Perjanjian channels. The agreement is effective for
ini berlaku selama 10 tahun. 10 years.
187
Financial Statements 2020
41. PERJANJIAN KERJASAMA, KONTRAK DAN 41. SIGNIFICANT AGREEMENTS, CONTRACTS AND
KOMITMEN YANG SIGNIFIKAN (lanjutan) COMMITMENTS (continued)
f. Komitmen signifikan lainnya f. Other significant commitment
Bank menyewa kantor dengan perjanjian sewa The Bank leases offices under non-cancellable
yang tidak dapat dibatalkan. Masa sewa lease agreements. The lease terms are between
antara lima dan sebelas tahun dengan five and eleven years, and the majority of lease
mayoritas perjanjian jasa dapat diperbarui agreements are renewable at the end of the
pada akhir periode dengan harga pasar. Bank lease period at the market rate. The Bank is
diharuskan memberitahukan enam bulan lebih required to give a six-month notice for the
awal apabila berniat mengakhiri perjanjian termination of these agreements. The expenses
sewa. Beban terkait transaksi sewa yang related with lease transactions charged to the
dibebankan pada laba rugi selama tahun profit or loss during the year was disclosed in
berjalan diungkapkan dalam Catatan 34. Note 34.
Berikut ini adalah pihak-pihak yang
mengadakan perjanjian sewa dengan Bank: lease commitments:
Pihak dalam perjanjian/ Item yang disewa/ Periode perjanjian/
Counterparties Leased items Period of agreement
depan dalam perjanjian sewa operasi yang under non-cancellable operating leases were as
tidak dapat dibatalkan adalah sebagai berikut: follows:
31 Desember/December
2020 2019
188
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
42. MANAJEMEN RISIKO KEUANGAN (lanjutan) 42. FINANCIAL RISK MANAGEMENT (continued)
Kerangka manajemen risiko Bank dan Entitas Anak The Bank and Subsidiary risk management
diimplementasikan melalui kebijakan-kebijakan, framework is implemented through policies,
prosedur, limit-limit transaksi dan kewenangan, procedures, transactions and authorisation limits,
toleransi risiko serta perangkat manajemen risiko. risk tolerance as well as risk management tools. The
Bank dan Entitas Anak melakukan pengembangan Bank and Subsidiary carry out continuous risk
manajemen risiko secara berkesinambungan sesuai management development in line with the increasing
dengan meningkatnya kompleksitas bisnis dan business complexity and the development
perkembangan organisasi, strategi dan manajemen organisation, strategies and management
sistem informasi. information systems.
Penerapan manajemen risiko mencakup: Implementation of risk management covers:
- Pengawasan aktif Dewan Komisaris dan Direksi - Active supervision from Board of
- Kecukupan kebijakan, prosedur dan penetapan Commissioners and Board of Directors
limit - Sufficient policies, procedures and limit sets
- Kecukupan proses identifikasi, pengukuran, - Sufficient process of identification,
pemantauan dan pengendalian risiko serta measurement, risk oversight and control and
sistem informasi manajemen risiko risk management information
- Pengendalian internal yang menyeluruh - Overall internal control system
549
Organisasi manajemen risiko Bank dan Entitas The risk management organisation of the Bank and
Anak melibatkan pengawasan dari Dewan Subsidiary involves the oversight from the Board of
Komisaris dan Direksi. Bank dan Entitas Anak telah Commissioners and Board of Directors. The Bank
Sejalan dengan ketentuan OJK terkait dengan In line with the prevailing OJK regulation regarding
manajemen risiko terintegrasi, setelah proses integrated risk management, after the merger, the
penggabungan, Bank ditunjuk oleh pemegang Bank is appointed by majority shareholders as the
saham mayoritas sebagai Entitas Utama Primary Entity of SMBC Financial Conglomerate and
Konglomerasi Keuangan SMBC dengan Entitas Subsidiary as a member in conducting integrated
Anak sebagai anggota dalam melakukan penerapan risk
manajemen risiko terintegrasi. Dengan menjadi Management Director became the leader of the
Entitas Utama, maka Direktur Manajemen Risiko Integrated Risk Management Committee.
Bank menjadi Pimpinan dari Komite Manajemen
Risiko Terintegrasi.
Komite Audit Bank memiliki tanggung jawab untuk The Bank Audit Committee is responsible for
memantau kepatuhan terhadap kebijakan dan monitoring compliance with risk management
prosedur manajemen risiko dan untuk menelaah policies and procedures and for reviewing the
kecukupan kerangka manajemen risiko yang terkait adequacy of the risk management framework in
dengan risiko-risiko yang dihadapi oleh Bank. relation to the risks faced by the Bank. In performing
Dalam menjalankan fungsinya ini, Komite Audit the role, the Audit Committee is assisted by Internal
dibantu oleh Divisi Internal Audit. Audit Division.
Risiko yang timbul dari instrumen keuangan Bank The risks arising from
dan Entitas Anak adalah risiko keuangan, termasuk financial instruments are financial risks, which
diantaranya adalah risiko kredit dan pembiayaan, include credit and financing risk, liquidity risk, market
risiko likuiditas, risiko pasar dan risiko operasional. risk and operational risk.
189
Financial Statements 2020
42. MANAJEMEN RISIKO KEUANGAN (lanjutan) 42. FINANCIAL RISK MANAGEMENT (continued)
Entitas Anak telah menerapkan manajemen risiko, Subsidiary has implemented risk management,
antara lain dengan membentuk unit risiko pada among others by establishing a risk unit in
Entitas Anak. Manajemen risiko pada Entitas Anak Subsidiary. Risk management in Subsidiary is
secara operasional dilakukan terpisah dari unit operating separately from the business unit and
bisnis dan menjalankan fungsinya secara conducting its function independently. To support
independen. Untuk mendukung penerapan the implementation of risk management, the
manajemen risiko, pada struktur organisasi Entitas Subsidiary has established Audit Committee in their
Anak juga dibentuk Komite Audit yang memiliki organisational structure, which has responsibility to
tanggung jawab untuk memantau kepatuhan monitor the compliance of risk management policies
terhadap kebijakan dan prosedur manajemen risiko and procedures on a regular basis, and to analyse
secara berkala, dan untuk menelaah kecukupan the adequacy of risk management framework which
kerangka manajemen risiko yang terkait dengan related to the risks faced by the Subsidiary.
risiko-risiko yang dihadapi oleh Entitas Anak.
Disamping itu, Dewan Komisaris dan Direksi pada In addition, the Board of
Entitas Anak secara aktif juga melakukan Commissioners and Board of Directors actively
pemantauan, dan evaluasi terhadap pengendalian monitor and evaluate the internal controls, through
internal melalui laporan-laporan untuk digunakan the reports, as a basis in formulating and
550 sebagai dasar untuk merumuskan dan developing appropriate policies for the Subsidiary.
mengembangkan kebijakan yang tepat pada Entitas
Anak.
2020 Annual Report PT Bank BTPN Tbk
Bank selaku Entitas Induk telah menerapkan As the Parent Entity, the Bank has implemented
manajemen risiko konsolidasian sesuai ketentuan consolidated risk management in accordance with
OJK. Penerapan manajemen risiko konsolidasian OJK regulation. The Implementation of
antara lain mencakup laporan perhitungan consolidated risk management among others
Kecukupan Penyediaan Modal Minimum (KPMM) include report of consolidated minimum Capital
konsolidasian, Batas Maksimum Pemberian Kredit Adequacy Ratio (CAR), Legal Lending Limit (LLL),
(BMPK) konsolidasian, laporan Profil Risiko risk profile, Risk-Based Bank Rating and Internal
konsolidasian, Tingkat Kesehatan Bank (Risk- Capital Adequacy Assessment Process (ICAAP).
Based Bank Rating) konsolidasian dan Internal
Capital Adequacy Assessment Process (ICAAP)
konsolidasian.
Risiko kredit Credit risk
Risiko kredit adalah risiko kerugian keuangan yang Credit risk is the risk of financial loss, should any of
timbul jika nasabah, klien atau rekanan Bank dan the Bank and Subsidiary customers, clients or
Entitas Anak gagal memenuhi kewajiban counterparties fail to fulfill their contractual
kontraktualnya kepada Bank dan Entitas Anak. obligations to the Bank and Subsidiary. Credit risk
Risiko kredit terutama berasal dari pinjaman yang arises mainly from loans and sharia
diberikan dan pembiayaan/piutang syariah. financing/receivables.
Bank juga terekspos risiko kredit yang muncul dari The Bank is also exposed to credit risks arising from
investasi pada surat berharga utang (efek-efek). investment in debt securities (securities).
190
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
42. MANAJEMEN RISIKO KEUANGAN (lanjutan) 42. FINANCIAL RISK MANAGEMENT (continued)
Bank melakukan kaji ulang atas kebijakan kredit The Bank reviews the credit policies
secara periodik terutama jika terdapat periodically, especially if there are any
perubahan kondisi perekonomian, perubahan changes in market conditions, changes in
peraturan dan/atau pendekatan bisnis. regulations and/or business approach.
Batas pemberian kredit ditetapkan dan ditelaah Lending limits are set and reviewed in the light
mengikuti perubahan pada kondisi pasar dan of changing market and economic conditions.
ekonomi. Penelaahan kredit secara periodik Periodic credit reviews and assessments of
dan penilaian atas kemungkinan wanprestasi probability of default are also conducted.
juga dilakukan. Proses persetujuan kredit Credit approval is processed by credit
dilakukan melalui komite kredit dan committee and credit authority as determined.
kewenangan kredit sebagaimana ditetapkan.
Bank dan Entitas Anak mengelola dan The Bank and Subsidiary actively manage and
mengawasi secara aktif kualitas portofolio monitor the loan portfolio quality by improving
pinjaman yang diberikan dengan cara credit and financing risk management policies 551
meningkatkan kebijakan manajemen risiko effectively, improving procedures and systems
kredit dan pembiayaan secara efektif, development.
penyempurnaan prosedur dan pengembangan
Sistem Informasi Manajemen telah tersedia dan Management Information Systems (MIS) are
akan terus dikembangkan serta telah in place and continously developed and have
mencakup tingkat yang cukup rinci untuk covered sufficient level of detail to detect any
mendeteksi setiap perkembangan yang kurang adverse development at an early stage,
baik sedini mungkin sehingga memungkinkan allowing timely measurement to be taken to
dilakukannya tindakan yang tepat waktu untuk counteract any possible deterioration in credit
mengatasi kemungkinan penurunan kualitas quality or to minimise credit losses.
kredit atau untuk meminimalisasi kerugian
kredit.
191
Financial Statements 2020
42. MANAJEMEN RISIKO KEUANGAN (lanjutan) 42. FINANCIAL RISK MANAGEMENT (continued)
(i) Manajemen risiko kredit (lanjutan) (i) Credit risk management (continued)
Merebaknya pandemi COVID-19 berdampak The outbreak of the COVID-19 pandemic has
pada kemampuan membayar kembali oleh had an impact on the ability to repay debtors.
debitur. Dampak keuangan langsung dari Immediate financial impact of the outbreak on
wabah tersebut bagi industri perbankan the banking industry is an increase in ECL,
adalah peningkatan ECL, yang disebabkan driven by increase in credit risk of the
oleh peningkatan risiko kredit dan penurunan customers and deterioration of loan quality.
kualitas pinjaman.
Bank telah melakukan upaya penanganan The Bank has made an effort to handle this
dalam menjaga stabilitas dan mitigasi dampak issue to maintain stability and to mitigate
dari pandemi tersebut antara lain: impact of pandemic as follows:
1. Bank telah membuat kebijakan dalam 1. The Bank has prepared the policy in
penerapan restrukturisasi untuk debitur- implementing restructuring for debtors
552 debitur yang terdampak COVID-19 sesuai who affected by COVID-19 in accordance
dengan ketentuan OJK. with OJK regulations.
2020 Annual Report PT Bank BTPN Tbk
3. Bank juga fokus pada kualitas portofolio 3. The Bank also focuses on portfolio quality
melalui pemilihan pencairan yang hati- through prudent selection of
hati dan aktivitas pemeliharaan hubungan disbursement and actively maintaining
pelanggan yang aktif. the relationship with customers.
4. Bank telah membuat kebijakan dalam 4. The Bank has made policies to support
mendukung program Pemulihan Ekonomi the National Economic Recovery program
Nasional (PEN) yang dirilis oleh released by the Government through a
Pemerintah melalui program penjaminan credit guarantee program and interest
kredit dan subsidi bunga kepada debitur subsidies for micro, small and medium
usaha mikro, usaha kecil dan usaha enterprise (MSME) borrowers according
menengah (UMKM) sesuai kriteria yang to the criteria set by the government.The
ditetapkan pemerintah. Bank telah Bank has signed an Collective Agreement
menandatangani Perjanjian Kerjasama with PT Jaminan Kredit Indonesia
dengan PT Jaminan Kredit Indonesia (Jamkrindo); however, as of 31 December
(Jamkrindo); namun pada tanggal 2020 the Bank has not registered any
31 Desember 2020 Bank belum loans for the insurance with Jamkrindo.
mendaftarkan pinjaman untuk
diasuransikan pada Jamkrindo.
192
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
42. MANAJEMEN RISIKO KEUANGAN (lanjutan) 42. FINANCIAL RISK MANAGEMENT (continued)
(i) Manajemen risiko kredit (lanjutan) (i) Credit risk management (continued)
Bank membentuk cadangan kerugian The Bank recognised higher allowance for
penurunan nilai pinjaman yang diberikan yang impairment losses on loans due to increase
lebih tinggi karena meningkatnya risiko kredit in credit risk following COVID-19 pandemic
karena pandemi COVID-19 (Catatan 11g). (Note 11g). Moreover, in respond to
Selain itu, sebagai respon terhadap uncertain economic and business conditions,
ketidakpastian keadaan ekonomi dan usaha, the Bank has updated its macroeconomic
Bank melakukan pengkinian data variabel variable projections data (model parameter)
makroekonomi (model parameter) yang used in the forward looking model, which
digunakan dalam model forward-looking, yang becoming worse than before, and increased
menjadi memburuk dari sebelumnya, dan the allowance for impairment losses of loans
menyebabkan kenaikan cadangan kerugian by Rp 262,197 (Notes 11g).
penurunan nilai pinjaman yang diberikan
sebesar Rp 262.197 (Catatan 11g).
Demikian halnya dengan Entitas Anak, dalam As well as with the Subsidiary, during the 553
masa pandemi, Entitas Anak membantu pandemic period, Subsidiary supports
nasabah yang usahanya terdampak pandemi customers whose business impacted by the
COVID-19, melalui program relaksasi sesuai
Entitas Anak membentuk cadangan kerugian The Subsidiary recognised higher allowance
penurunan nilai piutang murabahah yang lebih for impairment losses on the murabahah
tinggi karena meningkatnya risiko kredit atas receivables due to increase in credit risk of
piutang murabahah tersebut. Entitas Anak the murabahah receivables. The Subsidiary
menggunakan metode vintage analysis untuk used vintage analysis method to determine
menentukan cadangan kerugian penurunan the allowance for impairment losses on
nilai dari nasabah yang telah direstrukturisasi. restructured murabahah receivables.
193
Financial Statements 2020
42. MANAJEMEN RISIKO KEUANGAN (lanjutan) 42. FINANCIAL RISK MANAGEMENT (continued)
(i) Manajemen risiko kredit (lanjutan) (i) Credit risk management (continued)
Agunan Collaterals
Bank menerapkan berbagai kebijakan dan The Bank employs a range of policies and
praktik untuk memitigasi risiko kredit, Bank practices to mitigate credit risk. The Bank
menerapkan berbagai panduan atas jenis-jenis implements guidelines on the acceptability of
agunan yang dapat diterima dalam rangka specific classes of collateral to mitigate credit
memitigasi risiko kredit. Jenis-jenis agunan atas risk. The collateral types for loans are as
pinjaman yang diberikan antara lain adalah: follows:
Kas/Deposito Cash/Time deposits
Tanah dan/atau Bangunan Land and/or Building
Kendaraan Vehicles
Mesin Machine
Persediaan Inventory
Piutang Account receivables
554 Untuk kredit korporasi, Bank mendapatkan For corporate loans, the Bank received
jaminan dalam bentuk standby letters of credit collateral in the form of standby letters of credit
dari bank afiliasi untuk membatasi risiko kredit from controlling
bank. Bank juga menyediakan bank garansi
2020 Annual Report PT Bank BTPN Tbk
Selain agunan yang disebutkan di atas, agunan In addition to the collateral mentioned above,
yang diterima untuk kredit korporasi terutama collaterals for corporate loans mainly consists of
terdiri dari jaminan yang diterima dari guarantees received from the parent company
perusahaan induk debitur, penjaminan kredit of the debtor, corporate credit guarantees and
korporasi dan entitas publik lainnya, lembaga other public entities, financial institutions and
keuangan dan perusahaan lain serta jaminan other companies as well as collateral in the form
berupa efek-efek. of securities.
Porsi kredit yang diberikan yang mendapatkan The portion of loans that benefit from such
manfaat dari agunan, baik sebagian maupun partial or full collateralisation as credit risk
penuh, sebagai mitigasi dari risiko kredit pada mitigation as of 31 December 2020 and 2019
tanggal 31 Desember 2020 dan 2019 masing- were 46.57% and 41.02% of total outstanding
masing sebesar 46,57% dan 41,02% dari loans, respectively.
jumlah kredit yang diberikan.
(ii) Eksposur maksimum risiko kredit (tanpa (ii) Maximum exposure to credit risk (without
memperhitungkan agunan dan perlindungan taking into account collateral held or other
kredit lainnya) credit enhancements)
Untuk aset keuangan yang diakui di laporan For financial assets recognised in the
posisi keuangan konsolidasian, eksposur consolidated statement of financial position, the
maksimum terhadap risiko kredit sama dengan maximum exposure to credit risk is equal to its
nilai tercatatnya. Untuk bank garansi dan carrying value. For bank guarantees and
irrevocable L/C yang diterbitkan, eksposur irrevocable L/C issued, maximum exposure to
maksimum terhadap risiko kredit adalah nilai credit risk is the value that must be paid by the
yang harus dibayarkan oleh Bank jika Bank if the liabilities on the bank guarantee and
kewajiban atas bank garansi dan irrevocable irrevocable L/C issued has been occured. For
L/C yang diterbitkan terjadi. Untuk komitmen credit commitments, the maximum exposure to
kredit, eksposur maksimum atas risiko kredit credit risk is equal to the amount of committed
adalah sebesar jumlah komitmen fasilitas kredit credit facilities that have not been used by
(committed) yang belum digunakan oleh customers.
nasabah.
194
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
42. MANAJEMEN RISIKO KEUANGAN (lanjutan) 42. FINANCIAL RISK MANAGEMENT (continued)
(ii) Eksposur maksimum risiko kredit (tanpa (ii) Maximum exposure to credit risk (without
memperhitungkan agunan dan perlindungan taking into account collateral held or other
kredit lainnya) (lanjutan) credit enhancements) (continued)
Tabel berikut menyajikan eksposur maksimum The following table presents the Bank and
Bank dan Entitas Anak terhadap risiko kredit maximum exposure to credit risk of
untuk instrumen keuangan pada laporan posisi financial instruments in the consolidated
keuangan konsolidasian dan rekening statement of financial position and off-balance
administratif, tanpa memperhitungkan agunan sheet accounts, without taking into account any
yang dimiliki atau perlindungan kredit lainnya: collateral held or other credit enhancements:
31 Desember/December
2020 2019
Giro pada Bank Indonesia 5,616,968 8,987,079 Current accounts with Bank Indonesia
Giro pada bank-bank lain 896,071 1,056,904 Current accounts with other banks
Penempatan pada Bank Indonesia dan Placements with Bank Indonesia and
bank-bank lain 17,004,339 8,914,104 other banks
555
Efek-efek 15,020,263 10,702,851 Securities
Tagihan derivatif 917,082 840,372 Derivative receivables
(iii) Konsentrasi risiko aset keuangan dengan (iii) Concentration of risks of financial assets with
eksposur risiko kredit credit risk exposure
Bank dan Entitas Anak mengelola dan The Bank and Subsidiary manage and control
mengendalikan konsentrasi risiko kredit concentrations of credit risk wherever they are
dimanapun risiko tersebut teridentifikasi - identified - in particular, to individual and group
secara khusus, terhadap debitur individu dan counterparties, and to industries and
kelompok, dan industri serta sektor geografis. geographical sectors.
Bank dan Entitas Anak menentukan tingkat The Bank and Subsidiary structure the levels of
risiko kredit dan pembiayaan yang dimiliki credit and financing risk it undertakes by placing
dengan menetapkan batas jumlah risiko yang limits on the amount of risk accepted in relation
bisa diterima yang terkait dengan satu debitur to one or group borrowers.
atau kelompok debitur.
195
Financial Statements 2020
42. MANAJEMEN RISIKO KEUANGAN (lanjutan) 42. FINANCIAL RISK MANAGEMENT (continued)
(iii) Konsentrasi risiko aset keuangan dengan (iii) Concentration of risks of financial assets with
eksposur risiko kredit (lanjutan) credit risk exposure (continued)
31 Desember/December 2020
Bali dan/and Kalimantan
Nusa dan/and Jumlah/
Jawa* Sumatera Tenggara Sulawesi Total
Current accounts with Bank
Giro pada Bank Indonesia 5,616,968 - - - 5,616,968 Indonesia
Current accounts with other
Giro pada bank-bank lain 894,168 1,023 720 160 896,071 banks
Penempatan pada Bank Indonesia Placements with Bank
dan bank-bank lain 17,004,339 - - - 17,004,339 Indonesia and other banks
Efek-efek 15,020,263 - - - 15,020,263 Securities
Tagihan derivatif 917,082 - - - 917,082 Derivative receivables
Pinjaman yang diberikan dan
31 Desember/December 2019
Bali dan/and Kalimantan
Nusa dan/and Jumlah/
Jawa* Sumatera Tenggara Sulawesi Total
Current accounts with Bank
Giro pada Bank Indonesia 8,987,079 - - - 8,987,079 Indonesia
Current accounts with other
Giro pada bank-bank lain 1,055,377 1,214 100 213 1,056,904 banks
Penempatan pada Bank Indonesia Placements with Bank
dan bank-bank lain 8,914,104 - - - 8,914,104 Indonesia and other banks
Efek-efek 10,702,851 - - - 10,702,851 Securities
Tagihan derivatif 840,372 - - - 840,372 Derivative receivables
Pinjaman yang diberikan dan
pembiayaan/piutang syariah - Loans and sharia financing/
bersih 116,335,218 11,981,511 2,947,684 9,855,930 141,120,343 receivables - net
Tagihan akseptasi 1,692,391 - - - 1,692,391 Acceptance receivables
Penyertaan saham 22,500 14 - 8 22,522 Investment in shares
Aset lain-lain 165,540 3,566 1,833 6,249 177,188 Other assets
148,715,432 11,986,305 2,949,617 9,862,400 173,513,754
196
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
42. MANAJEMEN RISIKO KEUANGAN (lanjutan) 42. FINANCIAL RISK MANAGEMENT (continued)
Risiko kredit (lanjutan) Credit risk (continued)
(iii) Konsentrasi risiko aset keuangan dengan (iii) Concentration of risks of financial assets with
eksposur risiko kredit (lanjutan) credit risk exposure (continued)
Konsentrasi risiko kredit berdasarkan sektor Credit risk concentration by industry sectors
industri adalah sebagai berikut: was as follows:
31 Desember/December 2020
Lembaga
keuangan/ Jasa/
Pemerintah/ Financial Perdagangan/ Business Perindustrian/ Lain-lain/ Jumlah/
Government institution Trading services Manufacturing Others Total
31 Desember/December 2019
Lembaga
keuangan/ Jasa/
Pemerintah/ Financial Perdagangan/ Business Perindustrian/ Lain-lain/ Jumlah/
Government institution Trading services Manufacturing Others Total
Konsentrasi risiko kredit berdasarkan jenis The credit risk concentration by type of credit or
kredit atau pembiayaan, mata uang, sektor financing, currency, economic sector and
ekonomi dan hubungan dengan debitur relationship with debtors is disclosed in
diungkapkan pada Catatan 11. Note 11.
197
Financial Statements 2020
42. MANAJEMEN RISIKO KEUANGAN (lanjutan) 42. FINANCIAL RISK MANAGEMENT (continued)
masa depan yang diharapkan dengan cash flows with considering some factors such
mempertimbangkan faktor-faktor seperti as historical loss information, conformity of the
informasi kerugian historis, kesesuaian debtor's business plan or operational
rencana bisnis debitur atau rencana perbaikan improvement plan, status of developments in
operasional, status perkembangan rencana the business plan and overall support from
bisnis dan dukungan menyeluruh dari lembaga financial institutions.
keuangan.
Selain prosedur peringkat di atas, dalam hal In addition of grading procedure above, in the
debitur dianggap sebagai anak perusahaan event that the debtor is considered as a
yang dikonsolidasi oleh induk perusahaan di subsidiary that is consolidated by a parent
luar negeri, peringkat debitur bisa ditentukan company abroad, the debtor's grading can be
dengan mengadopsi peringkat obligor determined by adopting an obligor grading
berdasarkan kualitas kredit induk perusahaan based on the quality of the parent loan or credit
atau peringkat kredit yang diberikan induk grading provided by the Bank's parent
perusahaan Bank terhadap induk perusahaan company. Debtor grading and facility grading
tersebut. Peringkat debitur dan peringkat are reviewed at least once a year, or if needed,
fasilitas ditelaah paling sedikit setahun sekali, when there are changes in credit.
atau bila diperlukan, ketika ada perubahan
kredit.
Peringkat internal untuk segmen korporasi Internal grading for corporate segment is
digolongkan sebagai berikut: categorized as follows:
Debitur Grading 1-3 memiliki kemampuan Grading 1-3 debtors have very strong
membayar kewajiban yang tinggi, ability to pay their obligations,
Debitur Grading 4-6 tidak mengalami Grading 4-6 debtors do not experience
kesulitan pembayaran kewajiban, namun difficulties to pay their obligations;
terdapat faktor bisnis atau ekonomi yang however, there are business or economy
dapat menyebabkan masalah dalam factors that may cause difficulties to pay
pembayaran kewajiban, the obligations,
Debitur Grading 7A dan 7B memerlukan Grading 7A and 7B debtors need special
pemantauan khusus karena bisnis yang observation as they experience
lesu/tidak stabil, atau masalah keuangan. sluggish/unstable business, or financial
issues.
Debitur Grading 7R atau lebih rendah Grading 7R or lower debtors represent
merupakan debitur yang telah mengalami debtors which are credit-impaired (default).
penurunan nilai (default).
198
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
42. MANAJEMEN RISIKO KEUANGAN (lanjutan) 42. FINANCIAL RISK MANAGEMENT (continued)
Risiko kredit (lanjutan) Credit risk (continued)
(iv) Kualitas kredit aset keuangan (lanjutan) (iv) Credit quality of financial assets (continued)
Pada tanggal 31 Desember 2020 dan 2019, As of 31 December 2020 and 2019, the carrying
nilai tercatat aset keuangan berdasarkan amount of financial assets based on credit
kualitas kredit adalah sebagai berikut: quality was as follows:
31 Desember/December 2020
Tahap 1/ Tahap 2/ Tahap 3/ Syariah/ Jumlah/
Stage 1* Stage 2 Stage 3 Sharia Total
Efek-efek Securities
Grade 1-3 1,034,384) -) -) -) 1,034,384) Grade 1-3
Grade 4-6 55,839) -) -) -) 55,839) Grade 4-6
Tanpa peringkat 13,930,331) -) -) -) 13,930,331) Non-graded
15,020,554) -) -) -) 15,020,554)
Non-korporasi Non-corporates
Belum jatuh tempo 44,406,233) 1,234,049) 209,372) -) 45,849,654) Not yet overdue
Telah jatuh tempo Past due up to
sampai dengan 90 hari 573,420) 369,540) 53,120) -) 996,080) 90 days
Telah jatuh tempo Past due for
91-120 hari 5,588) 77,951) 131,517) -) 215,056) 91-120 days
Telah jatuh tempo Past due for
121-180 hari -) -) 158,235) -) 158,235) 121-180 days
Telah jatuh tempo Past due more
lebih dari 180 hari -) -) 828,064) -) 828,064) than 180 days
44,985,241) 1,681,540) 1,380,308) -) 48,047,089)
*) Termasuk aset keuangan syariah dengan kualitas kredit lancar Include sharia financial assets with current credit quality *)
199
Financial Statements 2020
42. MANAJEMEN RISIKO KEUANGAN (lanjutan) 42. FINANCIAL RISK MANAGEMENT (continued)
(iv) Kualitas kredit aset keuangan (lanjutan) (iv) Credit quality of financial assets (continued)
Pada tanggal 31 Desember 2020 dan 2019, As of 31 December 2020 and 2019, the
nilai tercatat aset keuangan berdasarkan carrying amount of financial assets based on
kualitas kredit adalah sebagai berikut: credit quality was as follows: (continued)
(lanjutan)
31 Desember/December 2020
Tahap 1/ Tahap 2/ Tahap 3/ Syariah/ Jumlah/
Stage 1* Stage 2 Stage 3 Sharia Total
Syariah ) ) Sharia
560
Belum jatuh tempo -) -) -) 9,258,466) 9,258,466) Not yet overdue
Telah jatuh tempo tetapi ) ) Past due but not
tidak mengalami ) ) impaired for
2020 Annual Report PT Bank BTPN Tbk
Pendapatan bunga/marjin
yang masih akan Accrued interest/
diterima 542,651) 45,982) 3,175) 87,748) 679,556) margin income
115,979,932) 8,998,162) 2,303,467) 9,610,614) 136,892,175)
*) Termasuk aset keuangan syariah dengan kualitas kredit lancar Include sharia financial assets with current credit quality *)
Penjelasan mengenai Tahap 1, Tahap 2 dan The explanation of Stage 1, Stage 2 and
Tahap 3 dapat dilihat pada Catatan 2i. Stage 3 can be referred to Note 2i.
200
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
42. MANAJEMEN RISIKO KEUANGAN (lanjutan) 42. FINANCIAL RISK MANAGEMENT (continued)
(iv) Kualitas kredit aset keuangan (lanjutan) (iv) Credit quality of financial assets (continued)
Pada tanggal 31 Desember 2020 dan 2019, As of 31 December 2020 and 2019, the
nilai tercatat aset keuangan berdasarkan carrying amount of financial assets based on
kualitas kredit adalah sebagai berikut: credit quality was as follows: (continued)
(lanjutan)
31 Desember/December 2019
Belum jatuh
tempo dan
tidak
mengalami Telah jatuh tempo
penurunan tetapi tidak mengalami Mengalami
nilai/Neither penurunan nilai/ penurunan
past due nor Past due but not nilai/ Jumlah/
impaired impaired Impaired Total
Current accounts with Bank
Giro pada Bank Indonesia 8,987,079 - - 8,987,079 Indonesia
Giro pada bank-bank lain 1,056,904 - - 1,056,904 Current accounts with other banks 561
Penempatan pada Bank Placements with Bank Indonesia
Indonesia dan bank-bank lain 8,914,104 - - 8,914,104 and other banks
Efek-efek 10,702,851 - - 10,702,851 Securities
201
Financial Statements 2020
42. MANAJEMEN RISIKO KEUANGAN (lanjutan) 42. FINANCIAL RISK MANAGEMENT (continued)
(iv) Kualitas kredit aset keuangan (lanjutan) (iv) Credit quality of financial assets (continued)
Pada tanggal 31 Desember 2019, rincian The detail of credit quality of loans and sharia
kualitas kredit dan pembiayaan/piutang syariah financing/receivables that were neither past
yang diberikan December 2019
tidak mengalami penurunan nilai based on the Bank internal policy was as
berdasarkan ketentuan internal Bank adalah follows:
sebagai berikut:
31 Desember/December 2019
Pernah
mengalami
keterlambatan
pembayaran/
Lancar/ Has an overdue Jumlah/
Current experience Total
202
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
42. MANAJEMEN RISIKO KEUANGAN (lanjutan) 42. FINANCIAL RISK MANAGEMENT (continued)
Risiko kredit (lanjutan) Credit risk (continued)
(iv) Kualitas kredit aset keuangan (lanjutan) (iv) Credit quality of financial assets (continued)
o Pinjaman korporasi o Corporate loans
Pinjaman berdasarkan peringkat internal Loans categorised by internal grading as
sebagai berikut: follows:
Debitur Grading 1-3 Grading 1-3 debtors
Debitur Grading 4-6 Grading 4-6 debtors
Debitur Grading 7A dan 7B Grading 7A and 7B debtors
- Pernah mengalami keterlambatan - Has an overdue experience
pembayaran
Pinjaman dalam kategori ini dianggap Loans in this category are considered to
memiliki kapasitas memadai untuk membayar have adequate capacity to pay interest and
bunga dan pokoknya walaupun pernah principal although they have overdue
mengalami keterlambatan pembayaran pada experience in making payments when due.
saat jatuh tempo.
Rincian kualitas kredit yang 563
as of 31 December 2019 based
berdasarkan umur tagihan pada tanggal on aging of receivables was as follows:
Pendapatan bunga/
marjin yang masih Accrued interest/
akan diterima 18,384) 8,783) 7,605) 15,795) 50,567) margin income
Cadangan kerugian Allowance for
penurunan nilai (52,795) (76,095) (60,176) (67,501) (256,567) impairment losses
662,446) 304,670) 75,064) 402,052) 1,444,232)
Dalam mengantisipasi potensi tekanan likuiditas In anticipating potential liquidity pressures due to the
karena pandemi COVID-19 yang berlangsung COVID-19 pandemic which has lasted quite a long
cukup lama, Bank dan Entitas Anak telah time, the Bank and Subsidiary have prepared the
mempersiapkan strategi pendanaan dan cadangan funding strategy and adequate liquidity reserves
likuiditas yang memadai yang disesuaikan dengan which are adjusted to the operational needs and the
kebutuhan operasional dan profil likuiditas agar Bank's liquidity profile in order to always comply with
selalu memenuhi regulasi terkait. the relevant regulations.
203
Financial Statements 2020
42. MANAJEMEN RISIKO KEUANGAN (lanjutan) 42. FINANCIAL RISK MANAGEMENT (continued)
Profil jatuh tempo diproyeksikan atas jangka waktu This maturity profile is projected based on the
yang tersisa berdasarkan tanggal kontraktual aset remaining period to the contractual maturity date of
dan liabilitas tertentu. Secara historis, sebagian assets and liabilities. Historically, a significant
besar dari simpanan diperpanjang pada saat jatuh portion of deposits are rolled-over on the maturity
tempo yang dipengaruhi oleh perilaku nasabah dan date which is affected by customer behaviour and
tingkat kepercayaan terhadap Bank dan Entitas confidence level to the Bank and Subsidiary. To
Anak. Untuk mengelola risiko likuiditas atas kondisi manage the liquidity risk of this condition, the Bank
tersebut, maka Bank dan Entitas Anak menetapkan and Subsidiary establish appropriate strategies and
strategi yang sesuai dan jumlah kas dan aset likuid sufficient amount of cash and liquid assets that can
yang perlu dimiliki, yang dapat dicairkan atau be liquidated or used as collateral should there be
dijadikan jaminan jika ada kebutuhan likuiditas yang an urgent need for liquidity.
mendesak.
Tabel berikut ini menyajikan rincian sisa periode The following tables provide detail of remaining
sampai dengan tanggal jatuh tempo aset keuangan period to maturity date of financial assets (before
(sebelum cadangan kerugian penurunan nilai) dan allowance for impairment losses) and financial
liabilitas keuangan. liabilities.
564
31 Desember/December 2020
Sesuai > 6-12 bulan/
Jumlah/ permintaan/ bulan/ > 1-3 bulan/ > 3-6 bulan/ > 6-12 > 12 bulan/
2020 Annual Report PT Bank BTPN Tbk
Total On demand month > 1-3 months > 3-6 months months > 12 months
Aset Assets
Kas 2,433,196 2,433,196 - - - - - Cash
Giro pada Bank Current accounts with
Indonesia 5,616,968 5,616,968 - - - - - Bank Indonesia
Giro pada bank-bank Current accounts with
lain 896,568 896,568 - - - - - other banks
Penempatan pada Placements with Bank
Bank Indonesia dan Indonesia and other
bank-bank lain 17,004,339 - 14,946,788 176,883 959,240 921,428 - banks
Efek-efek 15,020,554 - 1,595,300 823,837 538,248 3,208,561 8,854,608 Securities
Tagihan derivatif 917,082 - 917,082 - - - - Derivative receivables
Tagihan akseptasi 1,490,634 - 235,500 590,564 467,682 196,888 - Acceptance receivables
Pinjaman yang
diberikan dan
pembiayaan/piutang Loans and sharia
syariah 136,892,175 - 24,588,343 15,895,653 8,109,292 12,599,049 75,699,838 financing/receivables
Penyertaan saham 22,522 22,522 - - - - - Investment in shares
Aset lain-lain 267,874 3,106 258,852 - - - 5,916 Other assets
Jumlah aset 180,561,912 8,972,360 42,541,865 17,486,937 10,074,462 16,925,926 84,560,362 Total assets
31 Desember/December 2020
Sesuai > 6-12 bulan/
permintaan/ bulan/ > 1-3 bulan/ > 3-6 bulan/ > 6-12 > 12 bulan/
Jumlah/ Total On demand month > 1-3 months > 3-6 months months > 12 months
Liabilitas Liabilities
Obligations due
Liabilitas segera (59,404) -) (59,404) -) -) -) -) immediately
Undistributed
Bagi hasil yang revenue
belum dibagikan (18,666) -) (18,666) -) -) -) -) sharing
Giro (15,761,972) (15,760,708) (1,264) -) -) -) -) Current accounts
Tabungan (11,764,429) (11,762,015) (2,414) -) -) -) -) Saving deposits
Deposito berjangka dan Time deposits and
deposito on call (65,607,522) -) (45,790,994) (15,721,013) (3,201,647) (869,897) (23,971) deposits on call
Simpanan dari bank- Deposits from other
bank lain (6,549,706) (6,549,706) -) -) -) -) -) banks
Liabilitas derivatif (887,157) -) (887,157) -) -) -) -) Derivative payables
Liabilitas akseptasi (767,282) -) (140,661) (346,736) (271,309) (8,576) -) Acceptance payables
Utang obligasi (1,000,424) -) (7,379) -) -) -) (993,045) Bonds payable
Pinjaman yang diterima (31,183,344) -) (119,087) (5,164,868) (1,000,000) -) (24,899,389) Borrowings
Pinjaman subordinasi (6,115,980) (4,230) -) -) -) -) (6,111,750) Subordinated loans
Liabilitas lain-lain (401,099) (20,948) (374,120) (4,661) (1,314) (56) -) Other liabilities
Jumlah liabilitas (140,116,985) (34,097,607) (47,401,146) (21,237,278) (4,474,270) (878,529) (32,028,155) Total liabilities
204
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
42. MANAJEMEN RISIKO KEUANGAN (lanjutan) 42. FINANCIAL RISK MANAGEMENT (continued)
Aset Assets
Kas 2,299,062) 2,299,062) -) -) -) -) -) Cash
Giro pada Bank Current accounts with
Indonesia 8,987,079) 8,987,079) -) -) -) -) -) Bank Indonesia
Giro pada bank-bank Current accounts with
lain 1,056,904) 1,056,904) -) -) -) -) -) other banks
Penempatan pada Bank Placements with Bank
Indonesia dan bank- Indonesia and other
bank lain 8,914,104) -) 7,254,104) 485,000) 370,000) 805,000) -) banks
Efek-efek 10,702,857) -) 1,302,594) 6,949,639) 209,282) 512,240) 1,729,102) Securities
Tagihan derivatif 840,372) -) 840,372) -) -) -) -) Derivative receivables
Acceptance
Tagihan akseptasi 1,692,460) -) 662,819) 446,301) 418,076) 165,264) -) receivables
Pinjaman yang
diberikan dan
pembiayaan/piutang Loans and sharia
syariah 142,587,542) -) 31,307,032) 10,493,102) 7,246,115) 13,747,925) 79,793,368) financing/receivables
Penyertaan saham 22,522) 22,522) -) -) -) -) -) Investment in shares
Aset lain-lain 177,188) 19,961) 119,150) 1,588) 1,791) 1,077) 33,621) Other assets
Jumlah aset 177,280,090) 12,385,528) 41,486,071) 18,375,630) 8,245,264) 15,231,506) 81,556,091) Total assets
Liabilitas Liabilities 565
Obligations due
Liabilitas segera (18,268) -) (18,268) -) -) -) -) immediately
Bagi hasil yang Undistributed revenue
belum dibagikan (21,861) -) (14,473) (6,294) (991) (103) -) sharing
Tabel berikut ini menunjukkan arus kas kontraktual The following table shows the contractual
yang tidak didiskonto dari liabilitas keuangan dan
rekening administratif Bank berdasarkan periode liabilities and administrative accounts based on the
tersisa sampai dengan jatuh tempo kontraktual: remaining period to contractual maturity:
31 Desember/December 2020
Nilai nominal bruto
arus kas masuk
(keluar)/Gross Hingga 1 bulan/
Nilai tercatat/ nominal inflow Up to >1 - 3 bulan/ >3 - 12 bulan/ >1 - 2 tahun/ >2 tahun/
Carrying amount (outflow) 1 month months months years years
205
Financial Statements 2020
42. MANAJEMEN RISIKO KEUANGAN (lanjutan) 42. FINANCIAL RISK MANAGEMENT (continued)
31 Desember/December 2019
Nilai nominal bruto
arus kas masuk
(keluar)/Gross Hingga 1 bulan/
Nilai tercatat/ nominal inflow Up to >1 - 3 bulan/ >3 - 12 bulan/ >1 - 2 tahun/ >2 tahun/
Carrying amount (outflow) 1 month months months years years
Tabel sebelumnya menyajikan arus kas yang tidak The previous table shows the undiscounted cash
didiskontokan dari liabilitas keuangan Bank dan flows on the Bank and Subsidiary financial
Entitas Anak berdasarkan periode jatuh tempo liabilities on the basis of their earliest possible
kontraktual yang paling dekat. Arus kas yang contractual maturity. The Bank and Subsidiary
diharapkan atas instrumen keuangan Bank dan expected cash flows on these instruments may
Entitas Anak mungkin berbeda dengan analisis ini. vary from this analysis. For example, deposits are
Sebagai contoh, simpanan diharapkan memiliki saldo expected to maintain a stable or increasing
yang stabil atau meningkat atau fasilitas kredit kepada balance or unused credit facilities to customer-
nasabah yang belum digunakan (committed) tidak committed are not all expected to be drawn down
seluruhnya diharapkan untuk segera digunakan. immediately.
Nilai nominal arus kas masuk/(keluar) yang The nominal inflow/(outflow) disclosed in the above
diungkapkan pada tabel di atas menyajikan arus kas tables represents the contractual undiscounted
kontraktual yang tidak didiskontokan terkait dengan cash flows relating to the principal and interest on
nilai pokok dan bunga dari liabilitas keuangan. the financial liabilities. The disclosure for
Pengungkapan instrumen derivatif menunjukkan nilai derivatives shows the net amount of derivatives
bersih derivatif yang dapat diselesaikan secara neto, that are net settled, and a gross inflow and outflow
juga nilai bruto arus kas masuk dan keluar untuk amount for derivatives that have simultaneous
derivatif yang diselesaikan secara bruto. Arus kas gross settlement. The cash flows of derivatives
liabilitas derivatif seperti yang ditunjukkan di tabel di liabilities in the table represent the cash flows
atas merupakan arus kas berdasarkan jatuh tempo based on contractual maturities which the Bank
kontraktual yang menurut Bank dan Entitas Anak and Subsidiary believes is essential for an
adalah penting untuk memahami jadwal dari arus kas. understanding of the timing of the cash flows.
206
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
42. MANAJEMEN RISIKO KEUANGAN (lanjutan) 42. FINANCIAL RISK MANAGEMENT (continued)
Kebijakan yang dijalankan Bank dan Entitas Anak Policies adopted by the Bank and Subsidiary in
dalam mengendalikan risiko likuiditas adalah: managing its liquidity risk include:
- Menetapkan kebijakan pengendalian risiko - Application of a liquidity risk control policy that
likuiditas yang telah disesuaikan dengan misi, is suited to the mission, business strategy,
strategi bisnis, kecukupan permodalan, sumber capital adequacy, human resources and
daya manusia dan risk appetite Bank dan Entitas appetite for risk of the Bank and Subsidiary.
Anak.
- Menetapkan kebijakan dan prosedur penetapan - Application of a liquidity risk limit policies and
limit risiko likuiditas secara tertulis, lengkap, procedures that are written, complete,
memadai dan cukup mudah ditelusuri. adequate and easy to follow.
- Menjaga cadangan likuiditas agar sesuai dengan - Maintain liquidity reserves to match the ALCO
rekomendasi ALCO. recommendation.
- Mengelola portofolio pendanaan untuk -
menghindari risiko konsentrasi dan concentration risk and dependence on single
ketergantungan pada sumber pendanaan tertentu. 567
Hal ini dimonitor secara bulanan oleh ALCO dan Risk Management Committee (RMC).
Risk Management Committee (RMC).
LCR dikelola dengan memelihara asset likuid yang LCR is managed by maintaining high quality liquid
berkualitas tinggi (High Quality Liquid Assets/HQLA) assets (HQLA) which enable Bank to cover the
untuk dapat memenuhi potensi dana keluar bersih potential net outflows within the next 30 days in
dalam 30 hari kedepan sesuai dengan skenario yang accordance with the scenario determined based on
ditetapkan berdasarkan regulasi dari Otoritas Jasa regulations from Otoritas Jasa Keuangan (OJK).
Keuangan (OJK). Sedang NSFR bertujuan untuk Meanwhile, the NSFR aims to maintain a stable
memelihara profil pendanaan stabil yang disesuaikan funding profile that is adjusted to the composition
dengan komposisi aset dan transaksi rekening of assets and administrative account transactions
administratif Bank sesuai dengan regulasi dari of the Bank in accordance with regulations from
Otoritas Jasa Keuangan (OJK). Otoritas Jasa Keuangan (OJK).
Laporan LCR dan NSFR disampaikan secara berkala LCR and NSFR reports are submitted periodically
kepada Otoritas Jasa Keuangan (OJK) dan to Otoritas Jasa Keuangan (OJK) and published in
dipublikasikan sesuai dengan ketentuan yang accordance with applicable regulations.
berlaku.
207
Financial Statements 2020
42. MANAJEMEN RISIKO KEUANGAN (lanjutan) 42. FINANCIAL RISK MANAGEMENT (continued)
Risiko pasar adalah potensi timbulnya kerugian Market risk is the potential loss in book value or
dalam nilai buku atau fluktuasi arus kas di masa future cash flows fluctuation due to changes in
mendatang yang diakibatkan oleh perubahan suku interest rates or exchange rates.
bunga atau nilai tukar.
Dalam mengantisipasi adanya gejolak atas nilai In anticipating fluctuations in exchange rates and
tukar dan suku bunga akibat adanya kemungkinan interest rates due to the possibility of a deterioration
memburuknya perekonomian paska kebijakan in the economy after the Large Scale Social
pembatasan sosial berskala besar (PSBB) dan policy and a decline in
menurunnya transaksi perekonomian secara national and international economic transactions
nasional dan internasional karena adanya pandemi due to the COVID-19 pandemic, the Bank internally
COVID-19, Bank secara internal berupaya seeks to ensure exposures, as well as foreign
memastikan eksposur, transaksi dan ekspansi exchange and interest rates based transactions and
dalam valuta asing dan berdasarkan suku bunga expansion. the business undertaken is in
yang dilakukan bisnis telah sesuai dengan limit dan accordance with the Bank's limits and risk appetite.
risk appetite Bank.
Secara keseluruhan, risiko pasar dibagi menjadi In overall, market risk is divided into two following
dua bagian sebagai berikut: risks:
568
(i) Risiko mata uang asing (i) Foreign currency risk
Risiko mata uang asing timbul dari adanya Foreign exchange risk arises from on and off-
2020 Annual Report PT Bank BTPN Tbk
posisi neraca dan komitmen dan kontinjensi balance sheet positions both on the asset and
(off-balance sheet) baik di sisi aset maupun liability sides through transactions in foreign
liabilitas yang timbul melalui transaksi mata currencies.
uang asing.
Bank mengukur risiko nilai tukar untuk melihat The Bank measures the foreign exchange risk
dampak perubahan nilai tukar pada pendapatan to understand the impact of the exchange rate
dan modal Bank. Untuk mengelola dan
memitigasi risiko nilai tukar, pembatasan posisi In order to manage and mitigate the foreign
secara internal ditetapkan jauh di bawah limit exchange risk, predefined internal limits are set
posisi devisa neto yang ditetapkan regulator. below net open position limit that is defined by
Bank juga memonitor stop loss limit untuk regulator. The Bank also monitors stop loss limit
menjaga tingkat kerugian karena pergerakan to maintain the loss rate caused by movement
nilai pasar tidak melebihi kisaran yang telah of market value do not not exceed the specified
ditetapkan. range.
Entitas Anak tidak memiliki aset maupun The Subsidiary does not have any assets or
liabilitas keuangan dalam mata uang asing, liabilities which are denominated in foreign
maupun posisi untuk diperdagangkan, currencies, or held for trading, thus the
sehingga Entitas Anak tidak memiliki risiko mata Subsidiary does not have foreign currency risk.
uang asing.
Posisi Devisa Neto Net Open Position
Berdasarkan Peraturan Bank Indonesia Based on the prevailing Bank Indonesia
mengenai posisi devisa neto yang berlaku, Regulation relating with net open position, the
maksimum posisi devisa neto adalah 20% dari maximum net open position is at 20% of capital.
modal.
Posisi devisa neto adalah jumlah dari nilai NOP is the sum of the absolute values of the net
absolut selisih bersih aktiva dan pasiva dalam difference between assets and liabilities in the
laporan posisi keuangan untuk setiap valuta statement of financial position for each foreign
asing dan selisih bersih tagihan dan kewajiban currency and the net difference of receivables
komitmen dan kontinjensi dalam rekening and commitments and contingent liabilities in
administratif untuk setiap valuta asing, yang the administrative accounts for each foreign
semuanya dinyatakan dalam Rupiah. currency, which are all stated in Rupiah.
208
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
42. MANAJEMEN RISIKO KEUANGAN (lanjutan) 42. FINANCIAL RISK MANAGEMENT (continued)
Risiko pasar (lanjutan) Market risk (continued)
(i) Risiko mata uang asing (lanjutan) (i) Foreign currency risk (continued)
Posisi Devisa Neto (lanjutan) Net Open Position (continued)
Berikut adalah Posisi Devisa Neto Bank pada Below is the Net Open Position of Bank as of
tanggal 31 Desember 2020 dan 2019 dalam mata 31 December 2020 and 2019 in currency
uang (ekuivalen Rupiah). Nilai ini adalah yang (Rupiah equivalent). These amounts are
dilaporkan kepada Bank Indonesia pada tanggal reported to Bank Indonesia on the statement of
laporan posisi keuangan sebagai bagian dari
laporan harian. reporting.
31 Desember/December 2020
Posisi Devisa
Aset/ Liabilitas/ Neto/
Mata Uang Assets Liabilities Net Open Position Currencies
209
Financial Statements 2020
42. MANAJEMEN RISIKO KEUANGAN (lanjutan) 42. FINANCIAL RISK MANAGEMENT (continued)
Risiko pasar (lanjutan) Market risk (continued)
(i) Risiko mata uang asing (lanjutan) (i) Foreign currency risk (continued)
Posisi Devisa Neto (lanjutan) Net Open Position (continued)
Proyeksi di atas mengasumsikan bahwa The above projection assumes that foreign
perubahan nilai tukar mata uang asing bergerak exchange rates move by the same amount and,
pada jumlah yang sama sehingga tidak therefore, do not reflect the potential impact on
mencerminkan perubahan potensial kepada laba profit of some rates changing while others
atas perubahan beberapa nilai tukar mata uang remain unchanged. The projections also
asing sementara lainnya tidak berubah. Proyeksi assume that all other variables are held
juga mengasumsikan bahwa seluruh variabel constant and are based on a constant reporting
lainnya adalah konstan dan berdasarkan tanggal date position and that all positions run to
pelaporan yang konstan serta seluruh posisi maturity.
berjalan hingga jatuh tempo.
(ii) Risiko suku bunga (ii) Interest rate risk
Pendapatan Bank yang berasal dari kegiatan The Bank conventional activities
konvensional merupakan selisih antara bunga are derived from the difference between the
yang dihasilkan dari sisi aset dengan bunga yang interest generated on the asset side and the
dibayarkan kepada dana pihak ketiga. interest paid to third party funds. If not
Perubahan tingkat bunga jika tidak diantisipasi anticipated, changes in interest rates can result
dapat menyebabkan penurunan pendapatan
570 Bank.
Risiko suku bunga berdampak pada fluktuasi Interest rate risk has an effect to future cash
arus kas di masa mendatang baik pada aset flows fluctuation of both assets and liabilities. It
maupun liabilitas. Hal ini dapat mempengaruhi can affect the Bank interest income and fair
2020 Annual Report PT Bank BTPN Tbk
pendapatan bunga Bank maupun nilai wajar dari value of the financial instruments.
instrumen keuangan yang dimiliki Bank.
Bisnis utama Entitas Anak adalah memberikan
pembiayaan dengan akad murabahah. financing with murabahah contracts. The
Pendapatan marjin murababah dipengaruhi oleh murabahah margin income is affected by the
harga pembiayaan atau suku bunga di pasar financing price or interest rate in the
konvensional. conventional market.
Manajemen risiko suku bunga Interest rate risk management
Kebijakan yang dijalankan Bank dan Entitas Policies adopted by the Bank and Subsidiary in
Anak dalam pengendalian terhadap risiko suku managing its interest rate risk include:
bunga:
- Melakukan pemantauan limit risiko suku - Monitoring of interest rate risk limit.
bunga.
- Melakukan pengelolan risiko suku bunga - Managing interest rate risk in accordance
sesuai regulasi terkait dan kebijakan internal with relevant regulations and Bank's internal
Bank. policies.
- Melakukan simulasi perhitungan pendapatan - Conduct simulation of net margin income
marjin bersih terhadap semua kemungkinan calculation toward all possible market
perubahan tingkat suku bunga di pasar. interest rate changes.
Tabel di bawah ini mengikhtisarkan eksposur The tables below summarise the exposures of
instrumen keuangan Bank dan Entitas Anak financial instruments of the Bank and Subsidiary
terhadap risiko tingkat suku bunga. to interest rate risks.
31 DesemberDecember 2020
Suku bunga mengambang/Floating rate instrument Bunga tetap/Fixed rate
Tidak
dikenakan
bunga/
>3-6 > 6 - 12 >3-6 > 6 - 12 Non-
1 - 3 bulan/ bulan/ bulan/ 1 - 3 bulan/ bulan/ bulan/ > 12 bulan/ interest Jumlah/
month months months months month months months months months bearing Total
Aset Assets
Kas - - - - - - - - - 2,433,196 2,433,196 Cash
Giro pada Bank Current accounts with
Indonesia - - - - 5,616,968 - - - - - 5,616,968 Bank Indonesia
Giro pada bank- Current accounts with
bank lain - - - - 896,568 - - - - - 896,568 other banks
Penempatan pada
Bank Indonesia Placements with Bank
dan bank-bank Indonesia and other
lain - - - - 14,897,317 176,883 959,240 921,428 - 49,471 17,004,339 banks
Efek-efek - - - - 1,379,400 823,838 538,249 3,208,561 8,854,608 215,898 15,020,554 Securities
Tagihan derivatif - - - - - - - - 917,082 917,082 Derivative receivables
Tagihan akseptasi - - - - - - - - 1,490,634 1,490,634 Acceptance receivables
Pinjaman yang
diberikan dan
pembiayaan/ Loans and sharia
piutang syariah 26,965,017 17,032,682 1,828,792 - 26,948,053 10,898,165 5,906,870 12,152,735 34,097,384 1,062,477 136,892,175 financing/receivables
Penyertaan saham - - - - - - - - - 22,522 22,522 Investment in shares
Aset lain-lain - - - - - - - - - 267,874 267,874 Other assets
Jumlah aset
keuangan,
sebelum
cadangan Total financial assets
kerugian before allowance for
penurunan nilai 26,965,017 17,032,682 1,828,792 - 49,738,306 11,898,886 7,404,359 16,282,724 42,951,992 6,459,154 180,561,912 impairment losses
210
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
42. MANAJEMEN RISIKO KEUANGAN (lanjutan) 42. FINANCIAL RISK MANAGEMENT (continued)
(ii) Risiko tingkat bunga (lanjutan) (ii) Interest rate risk (continued)
Manajemen risiko tingkat bunga (lanjutan) Interest rate risk management (continued)
31 DesemberDecember 2020
Suku bunga mengambang/Floating rate instrument Bunga tetap/Fixed rate
Tidak
dikenakan
bunga/
>3-6 > 6 - 12 >3-6 > 6 - 12 Non-
1 - 3 bulan/ bulan/ bulan/ 1 - 3 bulan/ bulan/ bulan/ > 12 bulan/ interest Jumlah/
month months months months month months months months months bearing Total
Liabilitas Liabilities
Obligations due
Liabilitas segera -) -) -) -) -) -) - -) -) (59,404) (59,404) immediately..
Simpanan dari Deposits from
nasabah -) (73,049,011) (15,721,013) (3,201,647) (869,897) (23,972) (268,383) (93,133,923) customers
Simpanan dari bank- Deposits from other
bank lain -) -) -) -) (6,549,336) -) -) -) -) (370) (6,549,706) banks
Liabilitas derivatif -) -) -) -) -) -) -) -) -) (887,157) (887,157) Derivative payables
Liabilitas akseptasi -) -) -) -) -) -) -) -) -) (767,282) (767,282) Acceptance payables
Utang obligasi -) -) -) -) -) -) -) -) (993,045) (7,379) (1,000,424) Bonds payable
Pinjaman yang
diterima (22,852,789) (1,000,000) -) -) (1,353,258) (4,164,868) (1,693,374) (-) -) (119,055) (31,183,344) Borrowings
Pinjaman
subordinasi
Liabilitas lain-lain
-)
-)
(6,111,750)
-)
-)
-)
-)
-)
-)
-)
-)
-)
-)
-)
-)
-)
-)
-)
(4,230)
(401,099)
(6,115,980)
(401,099)
Subordinated loans
Other liabilities 571
Jumlah liabilitas
keuangan (22,852,789) (7,111,750) -) -) (80,951,605) (19,885,881) (4,895,021) (869,897) (1,017,017) (2,514,359) (140,098,319) Total financial liabilities
31 DesemberDecember 2019
Suku bunga mengambang/Floating rate instrument Bunga tetap/Fixed rate
Tidak
dikenakan
bunga/
>3-6 > 6 - 12 >3-6 > 6 - 12 Non-
1 - 3 bulan/ bulan/ bulan/ 1 - 3 bulan/ bulan/ bulan/ > 12 bulan/ interest Jumlah/
month months months months month months months months months bearing Total
Aset Assets
Kas - - - - - - - - - 2,299,062 2,299,062 Cash
Giro pada Bank Current accounts with
Indonesia - - - - 8,987,079 - - - - - 8,987,079 Bank Indonesia
Giro pada bank- Current accounts with
bank lain - - - - 1,056,904 - - - - - 1,056,904 other banks
Penempatan pada
Bank Indonesia Placements with Bank
dan bank-bank Indonesia and
lain - - - - 7,254,104 485,000 370,000 805,000 - - 8,914,104 other banks
Efek-efek - - - - 1,410,377 6,841,856 209,282 512,240 1,729,102 - 10,702,857 Securities
Tagihan derivatif - - - - - - - - - 840,372 840,372 Derivative receivables
Acceptance
Tagihan akseptasi - - - - - - - - - 1,692,460 1,692,460 receivables
Pinjaman yang
diberikan dan Loans and sharia
pembiayaan/ financing/
piutang syariah 24,397,043 13,266,564 3,106,261 118,354 32,372,753 9,648,276 6,748,059 9,484,626 43,445,606 - 142,587,542 receivables
Penyertaan saham - - - - - - - - - 22,522 22,522 Investment in shares
Aset lain-lain - - - - - - - - - 177,188 177,188 Other assets
Jumlah aset
keuangan,
sebelum Total financial assets
cadangan before allowance
kerugian for impairment
penurunan nilai 24,397,043 13,266,564 3,106,261 118,354 51,081,217 16,975,132 7,327,341 10,801,866 45,174,708 5,031,604 177,280,090 losses
Liabilitas Liabilities
Obligation due
-) -) - -)
Liabilitas segera (868) (8,756) -) -) -) (8,644) )(18,268) immediately..
Simpanan dari Deposits from
nasabah -) -) - -) (62,855,495) (13,792,455) (1,906,146) (1,028,813) (16,507) -) (79,599,416) customers
Simpanan dari Deposits from other
bank-bank lain -) -) - -) (8,857,355) (2,833,200) -) -) -) -) (11,690,555) banks
Liabilitas derivatif -) -) - -) -) -) -) -) -) (894,947) (894,947) Derivative payables
)
Liabilitas akseptasi -) -) - -) -) -) -) -) -) (888,459) (888,459) Acceptance payables
Surat utang jangka ) ) )
menengah -) -) - -) (5,032) -) (1,301,409) -) -) -) (1,306,441) Medium term notes
Utang obligasi -) -) - -) (21,254) -) -) (898,987) (990,232) -) (1,910,473) Bonds payable
Pinjaman yang
diterima (25,293,593) (8,983,721) - (727,186) -) -) (2,521,883) -) (662,243) -) (38,188,626) Borrowings
Pinjaman
subordinasi -) (6,045,193) - -) -) -) -) -) -) -) (6,045,193) Subordinated loans
Liabilitas lain-lain -) -) - -) -) -) -) -) -) (582,809) (582,809) Other liabilities
Jumlah liabilitas
keuangan (25,293,593) (15,028,914) - (727,186) (71,740,004) (16,634,411) (5,729,438) (1,927,800) (1,668,982) (2,374,859) (141,125,187) Total financial liabilities
Jumlah gap
repricing suku (896,550) Total interest repricing
(1,762,350) 3,106,261 (608,832) (20,658,787) (340,721) 1,597,903) 8,874,066) 43,505,726) 2,656,745) 36,154,903)
bunga gap
211
Financial Statements 2020
42. MANAJEMEN RISIKO KEUANGAN (lanjutan) 42. FINANCIAL RISK MANAGEMENT (continued)
(ii) Risiko tingkat bunga (lanjutan) (ii) Interest rate risk (continued)
Manajemen risiko tingkat bunga (lanjutan) Interest rate risk management (continued)
Tabel di bawah ini mengikhtisarkan sensitivitas The table below shows the sensitivity of the
laba bersih Bank selama tahun yang berakhir Bank net profit during the years ended
pada tanggal 31 Desember 2020 dan 2019 atas 31 December 2020 and 2019 due to an increase
kenaikan atau penurunan tingkat suku bunga or decrease in market interest rates, assuming
pasar, dengan asumsi bahwa tidak ada no assymetrical movement in yield curves:
pergerakan asimetris di kurva imbal hasil:
(Penurunan) peningkatan
laba bersih/
(Decrease) increase net profit
2020 2019
572
Manajemen Risiko Permodalan Capital Risk Management
Tujuan manajemen permodalan Bank dan Entitas The Bank and Subsidiary capital management
Anak adalah untuk mempertahankan posisi modal objectives is to maintain a strong capital position to
yang kuat untuk mendukung pertumbuhan bisnis support business growth and to sustain investors,
dan mempertahankan investor, deposan, pelanggan depositors, customers and market confidence. In
dan kepercayaan pasar. Dalam pengelolaan managing its capital, the Bank and Subsidiary
permodalan, Bank dan Entitas Anak consider factors such as: providing optimal capital
mempertimbangkan faktor-faktor seperti: rate of return to shareholders and maintaining a
pengembalian modal yang optimal pada pemegang balance between high return gearing ratio and safety
saham, menjaga keseimbangan antara keuntungan provided by a sound capital position.
yang lebih tinggi dengan gearing ratio serta
keamanan yang diberikan oleh posisi modal yang
sehat.
Sesuai dengan Peraturan OJK (POJK) According to OJK Regulation No. 11/POJK.03/2016
No. 11/POJK.03/2016 tentang kewajiban dated 12 December 2013 regarding Capital
penyediaan modal minimum bank umum dan Adequacy Ratio (CAR) for Commercial Bank and
SEOJK No. 26/SEOJK.03/2016 tentang KPMM SEOJK No. 26/SEOJK.03/2016 regarding Capital
sesuai Profil Risiko dan Pemenuhan Capital Adequacy Ratio based on Risk Profile and
Equivalency Maintained Assets (CEMA), Bank wajib Fullfillment of Capital Equivalency Maintained
melakukan perhitungan KPMM minimum Assets (CEMA), the Bank is required to calculate
berdasarkan profil risiko dan melakukan Internal minimum CAR in accordance to its risk profile and to
Capital Adequacy Assessment Process (ICAAP). perform Internal Capital Adequacy Assessment
Peraturan ini juga mengatur tentang pemenuhan Process (ICAAP). This regulation also stipulates
rasio modal inti (Tier 1) paling rendah sebesar 6% minimum Tier 1 ratio at the minimum of 6% and
dan rasio modal inti utama (Common Equity Tier 1) common equity Tier 1 ratio at the minimum of 4.5%,
paling rendah sebesar 4,5%, efektif sejak tanggal effective on 1 January 2014.
1 Januari 2014.
Bank dan Entitas Anak telah memenuhi semua The Bank and Subsidiary have complied with all
persyaratan modal yang diwajibkan sepanjang externally imposed capital requirements throughout
tahun. the year.
212
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
42. MANAJEMEN RISIKO KEUANGAN (lanjutan) 42. FINANCIAL RISK MANAGEMENT (continued)
KONSOLIDASI CONSOLIDATED
Modal Capital
- Modal inti 29,426,916 27,259,773 Core capital -
- Modal pelengkap 6,920,396 7,543,294 Supplementary capital -
36,347,312 34,803,067
9% sampai 9% sampai
dengan kurang dengan kurang
Rasio kewajiban penyediaan modal minimum dari 10%/9% to dari 10%/9% to Minimum capital adequacy ratio
yang diwajibkan oleh Bank Indonesia less than 10% less than 10% required by Bank Indonesia
BANK BANK
Modal Capital
- Modal inti 25,588,377 23,521,707 Core capital -
- Modal pelengkap 6,862,846 7,465,961 Supplementary capital -
32,451,223 30,987,668
9% sampai 9% sampai
dengan kurang dengan kurang
Rasio kewajiban penyediaan modal minimum dari 10%/9% to dari 10%/9% to Minimum capital adequacy ratio
yang diwajibkan oleh Bank Indonesia less than 10% less than 10% required by Bank Indonesia
213
Financial Statements 2020
42. MANAJEMEN RISIKO KEUANGAN (lanjutan) 42. FINANCIAL RISK MANAGEMENT (continued)
Manajemen Risiko Permodalan (lanjutan) Capital Risk Management (continued)
Modal regulasi (lanjutan) Regulatory capital (continued)
31 Desember/December
2020 2019
ENTITAS ANAK SUBSIDIARY
Modal inti 5,544,726 5,138,209 Core capital
Modal pelengkap (maksimum 100% dari Supplementary capital (maximum at
modal inti) 74,040 87,914 100% from core capital)
Manajemen menggunakan peraturan rasio Management uses regulatory capital ratios in order
574 permodalan untuk memantau kecukupan modal, to monitor its capital base and these capital ratios
sesuai dengan standar industri. Pendekatan Bank remain the industry standards for measuring capital
Indonesia untuk pengukuran modal tersebut adequacy. BI's approach to such measurement is
terutama didasarkan pada pemantauan kebutuhan primarily based on monitoring the relationship of the
2020 Annual Report PT Bank BTPN Tbk
modal yang diwajibkan terhadap modal yang capital resources requirement to available capital
tersedia. resources.
Estimasi nilai wajar instrumen keuangan Fair value estimation of financial instruments
Untuk aset dan liabilitas keuangan yang diukur For financial assets and liabilities measured at fair
menggunakan nilai wajar, berikut ini adalah hirarki value, the following is the hierarchy of the fair values:
nilai wajar:
a. Tingkat 1 a. Level 1
Harga kuotasian (tidak disesuaikan) dalam Quoted prices (unadjusted) in active markets for
pasar aktif untuk aset atau liabilitas yang identical assets or liabilities;
identik;
b. Tingkat 2 b. Level 2
Input selain harga kuotasian yang termasuk Inputs other than quoted prices included within
dalam tingkat 1 yang dapat diobservasi untuk level 1 that are observable for the assets or
aset atau liabilitas, baik secara langsung liabilities, either directly (that is as prices) or
(misalnya harga) maupun tidak langsung indirectly (that is derived from prices); and
(misalnya turunan harga); dan
c. Tingkat 3 c. Level 3
Input untuk aset atau liabilitas yang bukan Inputs for the assets or liabilities that are not
berdasarkan data pasar yang dapat diobservasi based on observable market data
(input yang tidak dapat diobservasi). (unobservable inputs).
Tabel berikut menyajikan aset dan liabilitas The tables below show the Bank and Subsidiary
keuangan Bank dan Entitas Anak yang diukur financial assets and liabilities that were measured at
sebesar nilai wajar pada tanggal 31 Desember 2020 fair value as of 31 December 2020 and 2019:
dan 2019:
31 Desember/December 2020
Nilai tercatat/
Carrying Tingkat 1/ Tingkat 2/ Tingkat 3/ Nilai wajar/
value Level 1 Level 2 Level 3 Fair value
Aset Assets
Efek-efek 9,831,600 - 9,831,600 - 9,831,600 Securities
Tagihan derivatif 917,082 - 917,082 - 917,082 Derivative receivables
Penyertaan saham 22,522 - - 22,522 22,522 Investment in shares
10,771,204 - 10,748,682 22,522 10,771,204
Liabilitas Liabilities
Liabilitas derivatif 887,157 - 887,157 - 887,157 Derivative payables
214
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
42. MANAJEMEN RISIKO KEUANGAN (lanjutan) 42. FINANCIAL RISK MANAGEMENT (continued)
Estimasi nilai wajar instrumen keuangan Fair value estimation of financial instruments
(lanjutan) (continued)
31 Desember/December 2019
Nilai tercatat/
Carrying Tingkat 1/ Tingkat 2/ Tingkat 3/ Nilai wajar/
value Level 1 Level 2 Level 3 Fair value
Aset Assets
Efek-efek 5,679,762 - 5,679,762 - 5,679,762 Securities
Tagihan derivatif 840,372 - 840,372 - 840,372 Derivative receivables
Penyertaan saham 22,522 - - 22,522 22,522 Investment in shares
6,542,656 - 6,520,134 22,522 6,542,656
Liabilitas Liabilities
Liabilitas derivatif 894,947 - 894,947 - 894,947 Derivative payables
Tabel di bawah ini menggambarkan nilai tercatat The table below summarises the carrying amounts
dan nilai wajar dari instrumen keuangan yang tidak and fair values of those financial instruments not
disajikan pada nilai wajarnya: stated at their fair values:
31 Desember/December 2020 31 Desember/December 2019
Nilai tercatat/ Nilai tercatat/
Carrying Nilai wajar/ Carrying Nilai wajar/
value Fair value value Fair value
575
Aset Assets
Current accounts with Bank
Giro pada Bank Indonesia 5,616,968 5,616,968 8,987,079 8,987,079 Indonesia
Liabilitas Liabilities
Liabilitas segera 59,404 59,404 18,268 18.268 Obligation due immediately
Bagi hasil yang Undistributed revenue
belum dibagikan 18,666 18,665 21,861 21,861 sharing
Simpanan nasabah 93,133,923 93,133,923 79,599,416 79,599,416 Deposits from customers
Simpanan dari bank-bank lain 6,549,706 6,549,706 11,690,555 11,690,555 Deposits from other banks
Liabilitas akseptasi 767,282 767,282 888,459 888,459 Acceptance payables
Surat utang jangka menengah - - 1,306,441 1,323,732 Medium term notes
Utang obligasi 1,000,424 1,024,774 1,910,473 1,921,161 Bonds payable
Pinjaman yang diterima 31,183,344 35,060,282 38,188,926 38,218,199 Borrowings
Liabilitas lain-lain 401,099 401,099 582,809 582,809 Other liabilities
Nilai wajar dari efek-efek yang memiliki jatuh tempo The fair value for securities, which maturity date is
lebih dari 1 tahun diestimasi menggunakan nilai more than 1 year, are estimated using the last
kuotasi pasar terakhir (level 2 - hirarki nilai wajar). quoted market price (level 2 - fair value hierarchy).
Estimasi nilai wajar dari pinjaman yang diberikan The estimated fair value of loans represents the
mencerminkan jumlah diskonto dari estimasi kini discounted amount of estimated future cash flows
dari arus kas masa depan yang diharapkan akan expected to be received. Estimated cash flows are
diterima. Arus kas masa depan yang diharapkan discounted at current market rates to determine fair
didiskontokan pada tingkat suku bunga pasar terkini value (level 3 - fair value hierarchy).
untuk menentukan nilai wajar (level 3 - hirarki nilai
wajar).
215
Financial Statements 2020
42. MANAJEMEN RISIKO KEUANGAN (lanjutan) 42. FINANCIAL RISK MANAGEMENT (continued)
Estimasi nilai wajar instrumen keuangan Fair value estimation of financial instruments
(lanjutan) (continued)
Nilai tercatat dari pembiayaan syariah merupakan Carrying value of sharia financing approximates the
perkiraan yang layak atas nilai wajar dikarenakan estimates fair value since sharia financing have
pinjaman tersebut memiliki tenor jangka pendek. short-term tenure.
Nilai wajar surat utang jangka menengah dihitung The fair value of medium term notes was calculated
menggunakan teknik penilaian berdasarkan model using valuation technique based on the Bank's
internal Bank yaitu model penilaian diskonto arus internal model which is discounted cash flow
kas. Input dalam teknik penilaian termasuk arus kas valuation model. Inputs into the valuation technique
yang akan diterima di masa datang dan suku bunga include expected future cash flows and interest
pasar (level 2 - hirarki nilai wajar). rates (level 2 - fair value hierarchy).
Nilai wajar utang obligasi diestimasi menggunakan The fair value of bonds payable is estimated by
nilai kuotasi pasar terakhir (level 2 - hirarki nilai using the last quoted market price (level 2 - fair
wajar). value hierarchy).
Nilai wajar dari pinjaman yang diterima dinilai The fair value of borrowings is estimated by using
576 dengan menggunakan diskonto arus kas discounted cash flows applying the effective interest
berdasarkan tingkat suku bunga efektif yang rate charged by the lender for the last utilization of
dikenakan pada pinjaman terakhir yang digunakan borrowings (level 2 - fair value hierarchy).
2020 Annual Report PT Bank BTPN Tbk
Nilai tercatat aset keuangan dan liabilitas keuangan The carrying amount of remaining financial assets
lainnya mendekati nilai wajarnya karena instrumen and financial liabilities are reasonable
keuangan bersifat jangka pendek atau yang ditinjau approximation of fair value because they are short
ulang menggunakan harga pasar secara berkala. term in nature or re-price to current market rates
frequently.
Perhitungan nilai wajar dilakukan hanya untuk The fair values calculated are for disclosure
kepentingan pengungkapan dan tidak berdampak purposes only and do not have any impact on the
pada pelaporan posisi atau kinerja keuangan Bank Bank and Subsidiary
dan Entitas Anak. Nilai wajar yang dihitung oleh performance or position. The fair values calculated
Bank dan Entitas Anak mungkin berbeda dengan by the Bank and Subsidiary may be different from
jumlah aktual yang akan diterima/dibayar pada saat the actual amount that will be received/paid on the
penyelesaian atau jatuh tempo instrumen keuangan. settlement or maturity of the financial instrument. As
Mengingat kategori tertentu instrumen keuangan certain categories of financial instruments are not
yang tidak diperdagangkan, maka terdapat traded, there is management judgment involved in
pertimbangan manajemen dalam perhitungan nilai calculating the fair values.
wajar.
Risiko operasional adalah risiko kerugian akibat Operational risk is defined as the risks of loss
ketidakcukupan atau tidak berfungsinya proses resulting from inadequate or failed internal
internal, kesalahan manusia, kegagalan sistem processes, people, systems failure and/or external
dan/atau adanya kejadian eksternal yang
mempengaruhi operasional Bank. activities.
216
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
42. MANAJEMEN RISIKO KEUANGAN (lanjutan) 42. FINANCIAL RISK MANAGEMENT (continued)
Risiko operasional dikelola melalui kerangka kerja, Operational risk are managed through framework,
kebijakan dan prosedur dengan struktur tata kelola policies and procedures with the Operational Risk
Manajemen Risiko Operasional menggunakan Management governance structure using the Three
model Three Lines of Defence atau pertahanan tiga Lines of Defense model. In the first line of defense,
Lapis. Pada lapis pertahanan pertama, seluruh unit all work units as Risk Taking Units (RTU) are the risk
kerja selaku Risk Taking Unit (RTU) adalah sebagai owner who are directly responsible for managing
pemilik risiko (risk owner) yang bertanggung jawab and controlling operational risk in their respective
secara langsung untuk mengelola dan mengontrol processes and activities. The RTU is responsible for
risiko operasional di proses dan aktivitasnya implementing Operational Risk Management work
masing-masing. RTU bertanggungjawab untuk tools and programs in accordance with applicable
melaksanakan perangkat kerja dan program policies and procedures, the Bank has also
Manajemen Risiko Operasional sesuai dengan established an ICR (Internal Control & Risk) function
kebijakan dan prosedur yang berlaku, Bank juga which plays a role in assisting the Risk Taking Unit
telah membentuk fungsi ICR (Internal Control & (RTU) in the internal control system of each process
Risk) yang berperan dalam membantu Risk Taking or activity daily.
Unit (RTU) dalam sistem pengendalian internal dari
setiap proses atau aktivitas sehari hari. 577
Pada lapis pertahanan kedua, Divisi ORM At the second line of defense, the ORM (Operational
Pada lapis pertahanan ketiga, Internal Audit At the third line of defense, Internal Audit conducts
melakukan pelaksanaan kaji ulang independen atas periodic independent reviews of operational risk
manajemen risiko operasional secara periodik management to the RTU and ORM Division to
kepada RTU dan Divisi ORM untuk menilai dan assess and provide recommendations for
memberikan rekomendasi perbaikan. improvements.
Koordinasi diantara pihak-pihak yang terkait Coordination among the related parties mentioned
tersebut diatas di dalam manajemen risiko above in operational risk management is also
operasional juga dilakukan melalui forum-forum carried out through forums and periodic meetings.
maupun rapat secara periodik.
Bank dan Entitas Anak memiliki Kebijakan The Bank and Subsidiaries have an Operational
Manajemen Risiko Operasional untuk memastikan Risk Management Policy to ensure that the
proses manajemen risiko operasional yang operational risk management process which
mencakup identifikasi, pengukuran, pemantauan includes identification, measurement, monitoring
dan pengendalian risiko berjalan secara terstruktur and risk control runs in a structured and consistent
dan konsisten. Proses Manajemen Risiko manner. The Operational Risk Management
Operasional diterapkan berdasarkan praktik terbaik process is implemented based on effective best
yang efektif untuk Bank yang juga mencakup practices for the Bank which also includes Business
Business Continuity Management dan Information Continuity Management and Information Security
Security Risk. Risk.
217
Financial Statements 2020
42. MANAJEMEN RISIKO KEUANGAN (lanjutan) 42. FINANCIAL RISK MANAGEMENT (continued)
218
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
42. MANAJEMEN RISIKO KEUANGAN (lanjutan) 42. FINANCIAL RISK MANAGEMENT (continued)
Perhitungan Kewajiban Penyediaan Modal Minimum The calculation of the Capital Adequacy Ratio
(KPMM) untuk risiko operasional yang dilakukan oleh (KPMM) for operational risk is currently carried out
Bank dan Entitas Anak saat ini menggunakan by the Bank and Subsidiary using the Basic
Pendekatan Indikator Dasar (Basic Indicator Indicator Approach. Furthermore, KPMM with the
Approach). Selanjutnya KPMM dengan Pendekatan Standardized Approach will be carried out
Standar (Standardized Approach) akan dilakukan according to the schedule set by the Financial 579
sesuai dengan jadwal yang ditentukan oleh Otoritas Services Authority.
Jasa Keuangan.
Sejak awal penyebaran virus COVID-19 di Indonesia, Since the beginning of COVID-19 virus outbreak in
Bank senantiasa berusaha untuk meminimalisir Indonesia, the Bank continuously makes an effort
penyebaran virus COVID-19 di lingkungan kantor to minimize the outbreak of COVID-19 virus at the
dengan membentuk suatu satuan gugus tugas yang office environment by establishing a Task Force
dikepalai langsung oleh Direktur Utama. Adapun which is directly led by the President Director. The
tujuan utama satuan gugus tugas Bank ini yaitu Task Force main purpose is to establish and
membuat dan melakukan langkah-langkah antisipasi implement anticipative approaches which are
yang juga menyelaraskan dengan program aligned with the government program to ensure that
pemerintah guna memastikan kegiatan operasional the Bank can still operate its operational activities
Bank tetap dapat berjalan tanpa gangguan yang with minimum disruption.
berarti.
219
Financial Statements 2020
43. ASET DAN LIABILITAS DALAM MATA UANG 43. ASSETS AND LIABILITIES IN FOREIGN
ASING CURRENCIES
Saldo aset dan liabilitas moneter dalam mata uang The balances of monetary assets and liabilities in
asing adalah sebagai berikut : foreign currencies are as follows :
2020 2019
ASET ASSETS
Kas Cash
Dolar Amerika Serikat 31,151 26,954 United States Dollar
Yen Jepang 2,562 1,664 Japanese Yen
33,713 28,618
580 Penempatan pada Bank Indonesia dan bank-bank lain Placements with Bank Indonesia and
other banks
Dolar Amerika Serikat 1,700,050 4,484,048 United States Dollar
Efek-efek Securities
2020 Annual Report PT Bank BTPN Tbk
220
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
43. ASET DAN LIABILITAS DALAM MATA UANG 43. ASSETS AND LIABILITIES IN FOREIGN
ASING (lanjutan) CURRENCIES (continued)
2020 2019
LIABILITAS LIABILITIES
Deposito berjangka dan deposito on call Time deposits and deposits on call
Dolar Amerika Serikat 1,642,745) 2,931,131) United States Dollar
Yen Jepang 49,524) 48,982) Japanese Yen
1,692,269) 2,980,113)
221
Financial Statements 2020
Berdasarkan Peraturan Pemerintah Republik Based on Government Regulation No. 66 year 2008
Indonesia No. 66 tahun 2008 tanggal dated 13 October 2008 regarding The Amount of
13 Oktober 2008 mengenai Besarnya Nilai Deposit Guaranteed by Indonesia Deposit
Simpanan yang Dijamin Lembaga Penjaminan Insurance Agency (LPS), the amount of deposits
Simpanan (LPS), maka pada tanggal covered by LPS is customer deposits up to Rp 2,000
31 Desember 2020 dan 2019 jumlah simpanan yang per depositor per bank as of 31 December 2020 and
582 dijamin LPS adalah simpanan sampai dengan 2019.
Rp 2.000 untuk per nasabah per bank.
Berdasarkan Siaran Pers No. 26/VII/2020 tanggal Based on Press Release No. 26/VII/2020 dated
2020 Annual Report PT Bank BTPN Tbk
29 Juli 2020, simpanan nasabah dijamin hanya jika 29 July 2020, customer deposits are only covered
suku bunganya sama dengan atau di bawah 5,25% if the rate of interest is equal to or below 5.25% for
untuk simpanan dalam Rupiah dan 1,50% untuk deposits denominated in Rupiah and 1.50% for
simpanan dalam mata uang asing pada tanggal deposits denominated in foreign currency as of
31 Desember 2020 (31 Desember 2019: masing- 31 December 2020 (31 December 2019: 6.50%
masing 6,50% dan 2,00%). and 2.00%, respectively).
Berdasarkan Siaran Pers No. PRESS- Based on Press Relase No. PRESS-39/SEKL/2020
38/SEKL/2020 tanggal 24 November 2020, tingkat dated 24 November 2020, the guaranteed interest
bunga penjaminan LPS mengalami penurunan rate by LPS has decreased to 4.50% for deposits
menjadi 4,50% untuk simpanan dalam Rupiah dan denominated in Rupiah and 1.00% for deposit
1,00% untuk simpanan dalam mata uang asing. denomintaed in foreign currency.
Bank dan Entitas Anak adalah peserta dari program The Bank and Subsidiary both are participants of the
penjaminan tersebut. Premi yang telah dibayarkan guarantee program. Premium paid for the years
selama tahun yang berakhir pada tanggal ended 31 December 2020 and 2019 was
31 Desember 2020 dan 2019 masing-masing Rp 187,955 and Rp 189,114, respectively.
adalah Rp 187.955 dan Rp 189.114.
222
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. STANDAR AKUNTANSI YANG DITERBITKAN 45. ISSUED BUT NOT YET EFFECTIVE ACCOUNTING
NAMUN BELUM BERLAKU EFEKTIF STANDARDS
Pernyataan Standar Akuntansi Keuangan (PSAK) The relevant Statements of Financial Accounting
relevan yang telah disahkan oleh Dewan Standar Standards (PSAK)) issued by the Board of Financial
Akuntansi Keuangan (DSAK) namun belum berlaku Accounting Standards (DSAK) but not yet effective
efektif untuk laporan keuangan konsolidasian untuk for the consolidated financial statements for the year
tahun yang berakhir pada tanggal ended 31 December 2020 are as follows:
31 Desember 2020 adalah sebagai berikut:
PSAK yang akan berlaku sejak tanggal PSAK that will become effective on
1 Januari 2021: 1 January 2021:
- PSAK No. 112 Akuntansi Wakaf , - PSAK No. 112 Accounting for Endowments ,
- Amandemen PSAK No. 22 (Amandemen - Amendments to PSAK No. 22 (2019
2019), "Kombinasi Bisnis: Definisi Bisnis", Amandment"), "Business Combinations:
Definition of Business)"
- Amendemen PSAK No. 71, "Instrumen - Amendments to PSAK No. 71, "Financial
Keuangan", Instruments",
- Amendemen PSAK No 55, "Instrumen - Amendments to PSAK No. 55, "Financial
Keuangan: Pengakuan dan Pengukuran", Instruments: Recognition and Measurement",
- Amendemen PSAK No. 60 "Instrumen - Amendments to PSAK No. 60 "Financial 583
Keuangan: Pengungkapan", Instruments: Disclosures",
- -
PSAK yang akan berlaku sejak tanggal PSAK that will become effective on 1 January 2022:
1 Januari 2022:
- - Amendments to PSAK No.
Combination Reference to Conceptual
F
- - Amendments to
Kontinjensi, dan Aset Kontinjensi tentang Contingent Liabilities and Contingent Assets:
Kontrak Memberatkan - Biaya Memenuhi Onerous Contracts - Cost of Fulfilling a
Contract
- - Annual improvements to PSAK No. 71
,
- - Annual improvements to PSAK No. 73 Leases
PSAK yang akan berlaku sejak tanggal PSAK that will become effective on 1 January 2023:
1 Januari 2023:
- - Presentation of
Keuangan tentang Klasifikasi Liabilitas sebagai Financial Statements: Classification of
Jangka Pendek atau Jangka Panjang Liabilities as Current or Non-
Pada saat penerbitan laporan keuangan As at the authorization date of these consolidated
konsolidasian, Bank dan Entitas Anak masih financial statements, the Bank and Subsidiary are
mengevaluasi dampak yang mungkin timbul dari still evaluating the potential impact of the new
penerapan standar baru tersebut serta standard to the consolidated financial statements.
pengaruhnya terhadap laporan keuangan
konsolidasian.
223
Financial Statements 2020
*) Perubahan lain termasuk pergerakan non-kas yang merupakan *) Other changes include non-cash movements which are effect of
dampak perubahan selisih kurs, amortisasi biaya transaksi, dan exchange rate, amortisation of transaction cost, and accrued interest
akrual beban bunga expenses
584
47. DAMPAK PENERAPAN AWAL PSAK 71 47. IMPACT OF INITIAL IMPLEMENTATION OF
PSAK 71
2020 Annual Report PT Bank BTPN Tbk
Sebagaimana dijelaskan dalam Catatan 2d, Bank As described in Note 2d, the Bank adopted
menerapkan PSAK 71 pada tanggal 1 Januari 2020. PSAK 71 as of 1 January 2020.
Tabel berikut menunjukkan kategori klasifikasi awal The following table shows the original classification
sesuai dengan PSAK 55 dan kategori klasifikasi categories in accordance with PSAK 55 and the
baru berdasarkan PSAK 71 untuk aset keuangan new classification categories under PSAK 71 for
pada tanggal 1 Januari 2020. financial assets as of 1 January 2020.
Karena PSAK 71 mempertahankan hampir semua Since PSAK 71 largely retains the requirement in
ketentuan klasifikasi liabilitas keuangan PSAK 55, PSAK 55 for the classification of financial liabilities,
tidak ada perubahan dalam klasifikasi liabilitas there are no changes in the classification of the
keuangan Bank sebelum dan sesudah penerapan
PSAK 71. adoption of PSAK 71.
Cadangan kerugian penurunan nilai instrumen The allowance for impairment loss for financial
keuangan dihitung kembali sesuai dengan instruments was recalculated in accordance with
ketentuan transisi PSAK 71 pada tanggal 1 Januari transitional provisions of PSAK 71 as of
2020 dan perbedaan yang dihasilkan menyebabkan 1 January 2020 and the resulting difference
kenaikan cadangan kerugian penurunan nilai dari created an increase from allowance for impairment
31 Desember 2019 sebesar Rp 497.165, didebitkan loss for financial instruments as of 31 December
ke saldo laba tanggal 1 Januari 2020 sebesar 2019 by Rp 497,165, debited to retained earnings
Rp 372.874 setelah pajak. at 1 January 2020 amounting to Rp 372,874, net of
tax.
224
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
47. DAMPAK PENERAPAN AWAL PSAK 71 (lanjutan) 47. IMPACT OF INITIAL IMPLEMENTATION OF
PSAK 71 (continued)
Tabel berikut ini menunjukkan akun-akun dalam laporan The following table reflects accounts in the
posisi keuangan konsolidasian yang terdampak oleh consolidated statement of financial position
transisi PSAK 71 pada tanggal 1 Januari 2020: which were affected by the transition of
PSAK 71 as of 1 January 2020:
Dampak
Kategori yang didefinisikan oleh:/ penerapan awal
Category as defined by: PSAK 71/
PSAK 55 Impact of initial PSAK 71
31 Desember/ implementation 1 Januari/
PSAK 55 PSAK 71 December 2019 of PSAK 71 January 2020
Aset Keuangan Financial Assets
Pinjaman yang
Giro pada Bank Indonesia diberikan Biaya perolehan 8,987,079) -) 8,987,079) Current accounts with
dan piutang/ diamortisasi/ Bank Indonesia
Loans and receivables Amortised cost
Pinjaman yang
Giro pada bank-bank lain diberikan Biaya perolehan 1,056,904) -) 1,056,904) Current accounts with
dan piutang/ diamortisasi/ other banks
Loans and receivables Amortised cost
Dikurangi: Cadangan
kerugian -) (95) (95) Less: Allowance for
penurunan nilai impairment losses
Pinjaman yang
Penempatan pada Bank
Indonesia dan bank-
diberikan
dan piutang/
Biaya perolehan
diamortisasi/
8,914,104) -) 8,914,104) Placements with Bank
Indonesia and
585
bank lain Loans and receivables Amortised cost other banks
Dikurangi: Cadangan
Efek-efek (di luar efek Dimiliki hingga jatuh Biaya perolehan 1,791,330) -) 1,791,330) Securities (exclude
syariah dan tempo/Held-to-maturity diamortisasi/ sharia securities and
pendapatan bunga Amortised cost accrued interest
yang masih akan income)
diterima Tersedia untuk dijual/ Nilai wajar melalui 5,599,577) -) 5,599,577)
Available-for-sale penghasilan
komprehensif lain/ Fair
value through other
comprehensive income
Pinjaman yang
diberikan Biaya perolehan 1,191,965) -) 1,191,965)
dan piutang/Loans and diamortisasi/
receivables Amortised cost
Dikurangi: Cadangan
kerugian (6) (452) (458) Less: Allowance for
penurunan nilai impairment losses
Tagihan derivatif Nilai wajar melalui Nilai wajar melalui 840,372) -) 840,372) Derivative receivables
laba rugi/Fair value laba rugi/Fair value
through profit or loss through profit or loss
Pinjaman yang
Tagihan akseptasi diberikan Biaya perolehan 1,692,460) -) 1,692,460) Acceptance receivables
dan piutang/ diamortisasi/
Loans and receivables Amortised cost
Dikurangi: Cadangan
kerugian (69) (2,611) (2,680) Less: Allowance for
penurunan nilai impairment losses
Pinjaman yang
Pinjaman yang diberikan diberikan Biaya perolehan 133,498,367) -) 133,498,367) Loans
dan piutang/ diamortisasi/
Loans and receivables Amortised cost
Dikurangi: Cadangan
kerugian (1,175,080) (460,214) (1,635,294) Less: Allowance for
penurunan nilai impairment losses
Penyertaan saham Tersedia untuk Nilai wajar melalui 22,522) -) 22,522) Investment in shares
dijual/Available-for-sale laba rugi/Fair value
through profit loss
Pinjaman yang
Aset lain-lain diberikan Biaya perolehan 177,188) -) 177,188) Other assets
dan piutang/ diamortisasi/
Loans and receivables Amortised cost
)
Pindahan (463,781) Carry forward
225
Financial Statements 2020
Simpanan nasabah Biaya perolehan Biaya perolehan (79,599,416) -) (79,599,416) Deposits from
diamortisasi/ diamortisasi/ customers
Amortised cost Amortised cost
Simpanan dari bank-bank lain Biaya perolehan Biaya perolehan (11,690,555) -) (11,690,555) Deposits from
diamortisasi/ diamortisasi/ other banks
Amortised cost Amortised cost
Efek-efek yang diterbitkan Biaya perolehan Biaya perolehan (3,216,914) -) (3,216,914) Securities issued
diamortisasi/ diamortisasi/
Amortised cost Amortised cost
2020 Annual Report PT Bank BTPN Tbk
Pinjaman yang diterima Biaya perolehan Biaya perolehan (38,188,926) -) (38,188,926) Borrowings
diamortisasi/ diamortisasi/
Amortised cost Amortised cost
Liabilitas lain-lain Biaya perolehan Biaya perolehan (582,809) (33,384) (616,193) Other liabilities
diamortisasi/ diamortisasi/
Amortised cost Amortised cost
Pinjaman subordinasi Biaya perolehan Biaya perolehan (6,045,193) -) (6,045,193) Subordinated loans
diamortisasi/ diamortisasi/
Amortised cost Amortised cost
Jumlah (497,165) Total
Efek pajak (Catatan 13f) 124,291) Tax effect (Note 13f)
Jumlah setelah pajak (372,874)
Total net of tax
Beberapa akun dalam informasi komparatif telah Certain accounts in the comparative information
direklasifikasi agar sesuai dengan penyajian have been reclassified to conform with the
laporan laba rugi dan penghasilan komprehensif presentation of the consolidated statements of profit
lain konsolidasian untuk tahun berakhir pada or loss and other comprehensive income for the year
tanggal 31 Desember 2020. ended 31 December 2020.
226
PT BANK BTPN Tbk
DAN ENTITAS ANAK/AND SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2020 DAN 2019 YEARS ENDED 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Bank menerbitkan laporan keuangan konsolidasian The Bank issued the consolidated financial
yang merupakan laporan keuangan utama. Informasi statements as its primary financial statements. The
keuangan tambahan PT Bank BTPN Tbk (Entitas supplementary financial information of PT Bank
Induk) ini, dimana investasi pada Entitas Anak dicatat BTPN Tbk (Parent Entity) which account for
dengan metode harga perolehan, disajikan untuk investments in Subsidiary using the cost method,
dapat menganalisis hasil usaha entitas induk saja. have been prepared in
Informasi keuangan tambahan PT Bank BTPN Tbk results of operations can be analysed. The following
(Entitas Induk) (halaman 228-236) berikut ini harus supplementary financial information of PT Bank
dibaca bersamaan dengan laporan keuangan BTPN Tbk (Parent Entity) (pages 228-236) should be
konsolidasian PT Bank BTPN Tbk dan Entitas Anak. read in conjunction with the consolidated financial
statements of PT Bank BTPN Tbk and Subsidiary.
227
Financial Statements 2020
31 Desember/December
2020 2019
ASET ASSETS
Giro pada Bank Indonesia 5,238,497) 8,528,677) Current accounts with Bank Indonesia
12,201,417) 8,582,871)
Pendapatan bunga yang masih akan diterima 192,345) 33,397) Accrued interest income
Dikurangi: Cadangan kerugian penurunan nilai (291) (6) Less: Allowance for impairment losses
12,393,471) 8,616,262)
228
INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
31 Desember/December
2020 2019
229
Financial Statements 2020
31 Desember/December
2020 2019
EKUITAS
Cadangan revaluasi aset tetap 797,886) 797,886) Reserve on revaluation of fixed assets
Cadangan nilai wajar - bersih 101,211) 12,079) Fair value reserve - net
2020 Annual Report PT Bank BTPN Tbk
JUMLAH LIABILITAS DAN EKUITAS 168,178,044) 167,492,734) TOTAL LIABILITIES AND EQUITY
230
INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
LAPORAN LABA RUGI DAN PENGHASILAN STATEMENTS OF PROFIT OR LOSS AND OTHER
KOMPREHENSIF LAIN COMPREHENSIVE INCOME
UNTUK TAHUN-TAHUN YANG BERAKHIR FOR THE YEARS ENDED
31 DESEMBER 2020 DAN 2019 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2020 2019
(2,094) (10,782)
LABA SEBELUM PAJAK PENGHASILAN 1,751,447) 2,140,673) PROFIT BEFORE INCOME TAX
LABA BERSIH TAHUN BERJALAN 1,393,730) 1,592,784) NET PROFIT FOR THE YEAR
231
Financial Statements 2020
LAPORAN LABA RUGI DAN PENGHASILAN STATEMENTS OF PROFIT OR LOSS AND OTHER
KOMPREHENSIF LAIN COMPREHENSIVE INCOME
UNTUK TAHUN-TAHUN YANG BERAKHIR FOR THE YEARS ENDED
31 DESEMBER 2020 DAN 2019 31 DECEMBER 2020 AND 2019
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2020 2019
Pos-pos yang tidak akan direklasifikasi Items that will not be reclassified
ke laba rugi to profit or loss
Pengukuran kembali liabilitas imbalan kerja Remeasurements from employee
karyawan (75,682) (42,969) benefits liabilities
Pajak penghasilan terkait pos-pos yang tidak akan Income tax relating to items that will not be
direklasifikasi ke laba rugi 19,964) 10,742) reclassified to profit or loss
(55,718) (32,227)
Pajak penghasilan terkait pos-pos yang akan Income tax relating to items that will be
direklasifikasikan ke laba rugi (24,521) (3,016) reclassified to profit or loss
89,132) 9,046)
LABA BERSIH PER SAHAM (NILAI PENUH) EARNINGS PER SHARE (FULL AMOUNT)
232
INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
594
INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
2020 2019
ARUS KAS DARI AKTIVITAS OPERASI CASH FLOWS FROM OPERATING ACTIVITIES
ARUS KAS DARI AKTIVITAS PENDANAAN CASH FLOWS FROM FINANCING ACTIVITIES
235
Financial Statements 2020
2020 2019
KENAIKAN BERSIH NET INCREASE IN
KAS DAN SETARA KAS 4,448,050) 1,618,723) CASH AND CASH EQUIVALENTS
596 Kas dan setara kas akhir tahun terdiri dari: Cash and cash equivalents at end of year consists of:
Kas 1,323,222) 1,587,729) Cash
Giro pada Bank Indonesia 5,238,497) 8,528,677) Current accounts with Bank Indonesia
Giro pada bank-bank lain 893,575) 1,043,432) Current accounts with other banks
2020 Annual Report PT Bank BTPN Tbk
Penempatan pada Bank Indonesia dan Placements with Bank Indonesia and
bank-bank lain 14,354,017) 6,189,876) other banks
Efek-efek 514,628) 536,737) Securities
)
22,323,939) 17,886,451)
SUPPLEMENTAL CASH FLOWS
INFORMASI TAMBAHAN ARUS KAS: INFORMATION:
236
Attachment
Description Page
1. General Information
a. Financial Highlights presents financial information in a comparative format for 2 (two) financial years, or since the Bank 14-15
begins its business for banks that have been in business for less than 2 (two) years. At the very least, financial highlights
covers:
2) Operating profit; 14
4) Net profit; 14
8) Total liabilities; 14
12) Borrowings; 14
13) CAR; 15
b. Bank Profile 56
1) Name of Bank, including if any, change of name, reaon for the change, and effective date of name change in the 56
financial year;
2) Access to the Bank, including branch or representative offices, whereby the general public may obtain information on 56
the Issuer or Public Company, comprising of:
a) Address; 56
b) Telephone number; 56
d) Website address; 56
5) Line(s) of business according to the latest articles of association, business activites performed in the Financial Year, 60-61
and types of products and/or services provided;
6) Organization structure of Bank, at the very least to 1 (one) level below the Directors, with names and positions; 62-63
SEOJK Reference
Description Page
7) Shareholding structure and composition, that is, names of shareholders and percentage of shareownership, including: 99-101
b) Members of the Board of Directors and Board of Commissioners that own shares of the Bank; 101
c) Public shareholders, that is, shareholders that each held less than 5% (five percent) of shares of the Bank; 99
d) information on the majority and controlling shareholder(s) of the Bank, direct or indirect, up to the individual 99
ultimate shareholders, presented in a schematic diagram or chart;
8) Name of subsidiary entity, associated company or joint venture company where the Bank exercise a joint control with 102
the entity, along with the percentage of shareownership, lines of business, total assets, and operating status of the
entity (if any);
9) For subsidiary entities, include information on address of such subsidiary entities; 102
10) Profiles of the Board of Directors and Board of Commissioners, covering at least
a) Composition of the Board of Directors and the Board of Commissioners, along with the position and brief resume 66-80
of the respective members thereof;
d) Age; 66-80
e) Nationality; 66-80
(1) Legal basis of appointment as member of the Board of Directors and Board of Commissioner of the Bank 66-80
(2) Concurrent position(s), as member of the board of directors, board of commissioners, and/or committes and 66-80
2020 Annual Report PT Bank BTPN Tbk
(3) Work history, with period of service thereon, with or without the Bank; 66-80
h) Education and/or training attended by member of the Board of Directors and Board of Commissioners for 66-80
competence development during the financial year (if any); and
i) Affiliation with other member of the Board of Directors, Board of Commissioners, or the majority shareholder (if 66-80
any), disclosing the name of affiliated party.
11) In the event of changes in the membership composition of the Board of Directors and/or the Board of Commissioners -
occuring subsequent to the end of the Financial Year and up to the deadline for submission of the annual report of
published financial statements and information on financial performance, membership composition of the Board of
Directors and/or Board of Commissioners shall be presented both prior and after such change(s);
12) Brief profiles of executive officers, with structure, position and summary curriculum vitae; 88-90
13) Total headcount, and employee distribution in the Financial Year by education and age; and 91-92
14) Awards and/or certifications in domestic as well as international scope, received by the Bank in the last Financial Year 24-25
(if any), which covers:
1) Strategy and policies of the Bank’s management, including for the Sharia Business Unit (UUS) for banks that have an 39-41
UUS;
6) Changes in the composition of the Board of Directors and reason for such changes (if any); 44
9) Information Technology; 43
Description Page
10) Types of products and services, including lending to debtors in the micro-, small- and medium-business sectors; 61
15) Ownership by the board of directors, board of commissioners and shareholders in the business group of the Bank; 101
16) Significant changes at the Bank or the Bank’s business group in the reporting year; 38
18) Human resources, covering number of employees as well as education, training, and development programs for human 91-92
resources.
1) Structure of the Board of Commissioners, with position and summary curriculum vitae; 66-70
2) Assessment of the performance of the Board of Directors in the management of the Bank; 29-30
6) Changes in the composition of the Board of Commissioners and reason for such changes (if any); and 33 599
7) Frequency and mechanism for advising members of the Board of Directors; 32
1) Review of operations by business segment, including for UUS, at least of: 110-131
b. Profitability; 131
2) Review of financial performance, comprising a comparison of the financial performance for the current year wuth the 132
previous year, as well as explanation on the cause of changes and impact of such changes, covering at least:
a. Investment of funds (investments and disbursement of loan/financing) and total assets; 134-135
c. Equity; 137
d. Revenues, expenses, profit (loss), other comprehensive income, and total comprehensive profit (loss); 137-138
3) Analysis of the quality of earning assets and relevant financial ratios; 134-137
5) Material information and facts subsequent to the date of accountant report (if any); and 142
6) Marketing aspects of Bank’s products, at least on marketing strategy amd market share; 151
In the event that the Bank includes the corporate governance report into the Annual Financial Publication Report and Financial 159-227
Performance Information, the scope and guidelines for such report shall refer to the applicable POJK on implementation of
governance for commercial banks.
4. Sustainability Report
Dalam hal Bank menggabungkan laporan pelaksanaan tata kelola dalam Laporan Publikasi Keuangan dan Informasi Kinerja 244-339
Keuangan Tahunan, maka ruang lingkup dan pedoman pengisian mengacu pada POJK mengenai penerapan tata kelola bagi
bank umum.
SEOJK Reference
Description Page
5. Sustainability Report
a. As regulated in the relevant POJK, a Sustainability Report covers the implementation of sustainable financing for financial -
services institutions, issuers and public companies. In the event that the Bank includes the sustainability report into the
Annual Financial Publication Report and Financial Performance Information, the scope and guidelines for such report shall
refer to the applicable POJK.
b. Report on the implementation of social and environmental responsibility as regulated in the relevant laws and regulations on 342-354
social and environmental repsonsibility for limited liability companies.
1) Information on the implementation of social and environmental responsibility covers the management policy, types of
programs and costs expended, on aspects of:
a) environment; 349--350
2) In the event that the Bank presents information on social and environmental responsibility as referred to in point 1) in -
a separate report such as in a social and environmental responsibility report, the Bank is exempted from disclosing
information regarding social and environmental responsibility in the annual report of published financial statements and
information on financial performance.
The annual financial statements that have been audited by a Public Accountant and Public Accountant Firm registered with the 361-596
OJK.
600
7. Information on the Business Group of the Bank
a. A Bank that is part of a business group and/or have a Subsidiary, shall additionally report on:
2020 Annual Report PT Bank BTPN Tbk
a) the structure of the business group, comprising of the Bank, Subsidiary Entities, related (sister) companies, Parent 97
Entity, and up to the ultimate shareholder;
c) any shareholders acting in concert. Shareholders acting in concert refer to individual or institutional shareholders -
with a common objective of controlling the Bank, with or without a formal agreement;
2) transactions between the Bank and related parties in the Bank’s business group, with consideration of the following:
a) information on transactions with related parties, whether conducted by Bank or by any entity in the Bank business 147-148
group in the financial sector;
b) related parties are parties defined as such in relevant financial accounting standards; 147-148
(2) transactions by a business group performed in the interest of another business group 147-148
(4) funding provided to, or received by, another entity in a business group; 147-148
(5) exposure to a majority shareholder in the form of, among others, loans, commitments and contingencies; and -
(6) transactions for the purchase, sale and/or rental of assets with another entity in the business group, including 147-148
transactions with repurchase agreement (repo);
3) transactions with related parties conducted by each entity in the Bank business group in the financial sector; 147-148
4) the provision of funding, commitments or equivalent facilities from an entity in the Bank business group to the -
customers and/or parties that already received financing from the Bank; and
5) any prohibition, restriction, and/or other significant constraint to transfer funds or to fulfill the required regulatory capital -
between the Bank and other entities in a business group;
8. Additional Information for Banks that are also an Issuer and/or Public Company
The Bank that is also an Issuer and/or a Public Company should include in addition the scope of information in accordance with √
the provisions of OJK Regulation regarding the annual report of issuer or public company.
SEOJK Reference
Description Page
I. General Provision
The Annual Report of Issuers or Public Companies is an important source of information for investors or shareholders
1. as one of the bases of considerations in making investment decision, and is a means of supervision on Issuers or Public √
Companies.
Along with the development of the Capital Market and the growing needs of investors or shareholders for disclosure of
2. information, the Board of Directors and the Board of Commissioners are required to improve the quality of information √
disclosure through the Annual Report of Issuers or Public Companies.
The Annual Report should be prepared in an orderly and informative manner to facilitate the investors or shareholders in
3. √
obtaining the required information.
The Circular Letter of the Financial Service Authority serves as a guideline for Issuers or Public Companies that must be
4. √
applied in preparing the Annual Report.
II. Format of Annual Report
1. Annual Report shall be presented in the printed format and in electronic document copy. √
The printed version of the Annual Report shall be printed on light-colored paper of fine quality, in A4 size, bound, and can
2. √
be reproduced in good quality.
601
3. The Annual Report presented in electronic document format is the Annual Report converted into pdf format. √
III. Content of Annual Report
Description Page
b. Stock Information
Stock Information (if any) contains at least: 18-19
1) shares issued for each three-month period in the last 2 (two) fiscal years (if any), at least covering: 18-19
a) number of outstanding shares; 18
b) market capitalization based on the price at the Stock Exchange where the shares listed on; 19
highest share price, lowest share price, closing share price at the Stock Exchange where the shares
c) 19
listed on; and
d) share volume at the Stock Exchange where the shares listed on; 18
Information in point a) should be disclosed by the Issuer, the public company whose shares is listed or not
√
listed in the Stock Exchange;
Information in point b), point c), and point d) only be disclosed if the Issuer is a Public Company whose shares
√
is listed in the Stock Exchange;
in the event of corporate actions, including stock split, reverse stock, dividend, bonus share, and change in
2) 19
par value of shares, then the share price referred to in point 1), should be added with explanation on:
a) date of corporate action; -
b) ratios of stock split, reverse stock, dividend, shares; -
c) number of outstanding shares prior to and after corporate action; and -
d) share price prior to and after corporate action; -
in the event that the company’s shares were suspended and/or delisted from trading during the year under
3) review, then the Issuer or Public Company should provide explanation on the reason for the suspension and/ -
or delisting; and
in the event that the suspension and/or delisting as referred to in point 3) was still in effect until the date of the
4) Annual Report, then the Issuer or the Public Company should also explain the corporate actions taken by the -
company in resolving the suspension and/or delisting;
602 c. The Board of Directors Report 36-45
The Board of Directors report should at least contain the following items:
1) brief summary on the performance of the Issuer or Public Company, at least covering: 38-41
2020 Annual Report PT Bank BTPN Tbk
d) citizenship; 71-80
e) education; 71-80
f) history position, covering information on: 71-80
legal basis for appointment as member of the Board of Directors to the said Issuer or Public
1) 71-80
Company;
concurrent position, as member of the Board of Directors, member of the Board of
2) 71-80
Commissioners, and/or member of committee, and other position (if any); and
3) working experience and period in and outside of Issuer or Public Company; 71-80
competency enhancement education and/or training program for member of the Board of Directors
g) 71-80
during the year under review (if any); and
disclosure of affiliation with other members of the Board of Directors, members of the Board of
h) 71-80
Commissioners, and major shareholders (if any) including the name of the affiliated party;
8) the Board of Commissioners profile, at least include: 66-70
a) name; 66-70
b) latest photograph; 66-70
c) age; 66-70
d) citizenship; 66-70
e) education; 66-70
f) history position, covering information on:
legal basis of the appointment as a member of the Board of Commissioner who is not
(1) 66-70
Independent Commissioner at the said Issuer or Public Company;
legal basis for the first appointment as member of the Board of Commissioners who also
(2) 66-70
Independent Commissioner at the said Issuer or Public Company;
(3)
concurrent positions, as member of the Board of Commissioners, member of the Board of
Directors, and/or member of committee and other position (if any); and
66-70 603
(4) working experience and period in and outside the Issuer or Public Company; 66-70
g) competency enhancement education and/or training program for member of the Board of
Description Page
d) -
against risk;
7) discussion on investment of capital goods which was realized in the last fiscal year, at least include: 141-142
a) type of investment of capital goods; 141-142
b) objective of the investment of capital goods; and 141-142
c) value of the investment of capital goods; 141-142
8) material information and facts that occurring after the date of the accountant’s report (if any); 142
information on the prospect of the Issuer or Public Company in connection with the industry, economy in
9) 143
general, accompanied with supporting quantitative data if there is a reliable data source;
10) comparison between target/ projection at the beginning of the year and result (realization), concerning; 142
a) income/ sales; 142
b) profit (loss); 142
c) capital structure; 142
d) dividend policy; or 142
e) other matters deemed necessary for the Issuer or Public Company; 142
11) target/projection at most for the next 1 (one) year of the Issuer or Public Company, concerning; 142
a) income/ sales; 142
b) profit (loss); 142
c) capital structure; 142
d) dividend policy; or 142
e) other matters deemed necessary for the Issuer or Public Company; 142
marketing aspects of the products and/or services of the Issuer or Public Company, among others
12) 151
concerning marketing strategy and market share;
13) description regarding the dividend policy during the last 2 (two) fiscal years, at least: 143
a) dividend policy; 143
b) the date of the payment of cash dividend and/or date of distribution of non-cash dividend; -
c) amount of cash per share (cash and/or non cash); and -
d) amount of dividend per year paid; -
14) use of proceeds from Public Offerings, under the condition of: 146-147
during the year under review, on which the Issuer has the obligation to report the realization of the
a) use of proceeds, then the realization of the cumulative use of proceeds until the year end should be 146-147
disclosed; and
in the event that there were changes in the use of proceeds as stipulated in the Regulation of the
b) Financial Services Authority on the Report of the Utilization of Proceeds from Public Offering, then 146-147
Issuer should explain the said changes;
Description Page
material information (if any), among others concerning investment, expansion, divestment, acquisition, debt/
15) capital restructuring, transactions with related parties and transactions with conflict of interest that occurred 147-149
during the year under review, among others include:
a) transaction date, value, and object; 147-149
b) name of transacting parties; 147-149
c) nature of related parties (if any); 147-149
d) description of the fairness of the transaction; and 147-149
e) compliance with related rules and regulations; 147-149
changes in regulation which have a significant effect on the Issuer or Public Company and impacts on the
16) 149
company (if any); and
17) changes in the accounting policy, rationale and impact on the financial statement (if any); 149
g. Corporate Governance of the Issuer or Public Company 244-339
Corporate Governance of the Issuer or Public Company contains at least:
1) the Board of Directors, covering:
a) the tasks and responsibilities of each member of the Board of Directors; 277-278
b) statement that the Board of Directors has already have board manual or charter;
procedure, legal basis, structure, and amount of remuneration of each member of the Board of
c) 312-314
Directors, relation between remuneration and performance of the Issuer or Public Company;
the policies and the frequency of the meeting of the Board of Directors, including the joint meeting with
d) 281-286
Board of Commissioners, and attendance of member of the Board of Directors in the said meeting;
e) information on the resolution from the GMS of the previous 1 (one) year, covering: 261-268
(1) GMS resolutions that were realized during the fiscal year; and 261-268
(2) explanation for the unrealized resolution; 261-268
f) information regarding the GMS resolution in the year under review, including 255--261 605
(1) GMS resolutions that were realized during the fiscal year; and 261-268
(2) explanation for the unrealized resolution; and 261-268
Description Page
a) name; 316
b) domicile; 316
c) history of position, including 316
(1) legal basis for the appointment as Corporate Secretary; and 316
(2) working experience and period in and outside the Issuer or Public Company; 316
d) educational background; 316
e) education and/or training during the year under review; and 318-320
f) brief description on the implementation of duties of the Corporate Secretary in the year under review; 316-318
7) Internal Audit Unit, among others including:
a) name of Head of Internal Audit Unit; 329
b) history of position, including:
(1) legal basis for the appointment as Head of Internal Audit Unit; and 329
(2) working experience and period in and outside the Issuer or Public Company; 329
c) qualification or certification as internal auditor (if any); 332-333
d) education and/or training during the year under review; 334
e) structure and position of Internal Audit Unit; 330
f) description of duties and responsibilities; 330-331
g) statement that the Internal Audit Unit has already have Internal Audit Unit charter; and 331
h) brief description on the implementation of duty of Internal Audit Unit during the year under review; 333-334
8) description on internal control system adopted by the Issuer or Public Company, at least covering:
a) financial and operational control, and compliance to the other prevailing rules; and
b) review on the effectiveness of internal control systems;
Description Page
Description Page
Letter of statement of the Board of Directors and the Board of Commissioners regarding the responsibility for Annual
Reporting should be prepared according to the format of letter of statement of member of Board of Directors and the
52-53
Board of Commissioners regarding the responsibility for Annual Reporting as attached in the Attachment, which is an
2020 Annual Report PT Bank BTPN Tbk
Annual Report
Menara BTPN
CBD Mega Kuningan
Jl. Dr. Ide Anak Agung Gde Agung Kav. 5.5 – 5.6
Jakarta 12950
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