Bisnis.com, JAKARTA – State-owned bank PT Bank Tabungan Negara (Persero) Tbk (BBTN) eyes 10 percent to 11 percent higher low-cost funds in 2023.
BTN's Distribution and Funding Director Jasmin said the bank expects to raise Rp315 trillion-Rp320 trillion in third-party funds this year, growing 10 percent from a year earlier, in which 47 percent are low-cost funds from Current Account Saving Account (CASA).
"Next year, we target [CASA] around 48 - 49 percent. This is around 10 - 11 percent higher, while third-party funds [the growth of] deposits will be 10 percent. It’s adjusted to the credit [growth target] as well," Jasmin said on the sidelines of the World Congress of Savings and Retail Banks (WSBI) 28th Meeting of Asia Pacific Regional Group in Bali, Friday (16/12/2022).