Observing BTN's Rights Issue and Strategies Beyond Mortgage Business

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).