Pt Bank Tabungan Negara Tbk Reports Earnings Results for the Half Year Ended June 30, 2020
August 03, 2020 at 06:53 am EDT
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PT Bank Tabungan Negara (Persero) Tbk announced earnings results for the half year ended June 30, 2020. For the half year, the company announced net income was IDR 767,579 million compared to IDR 1,306,334 million a year ago. Basic earnings per share was IDR 72 compared to IDR 123 a year ago.
PT Bank Tabungan Negara (Persero) Tbk is an Indonesia-based company, which is engaged in providing banking services. It operates through two segments: Conventional and Sharia. Conventional Banking include consumer banking and commercial banking. Its consumer banking offers consumer loan products, including housing loans and non-housing loans; consumer saving products, including consumer savings, Deposito BTN Ritel; wealth management products, including bancassurance, mutual funds, secondary market government bonds, Indonesia retail bonds and foreign exchange. Its commercial products offer commercial loan products, including working capital loans and investment loans, and commercial savings products, including time deposits for institutions and commercial demand deposits. Its Sharia banking offers sharia financing products, including consumer financing and commercial financing, and sharia savings products, including sharia demand deposits, sharia savings and sharia time deposits.