JAKARTA. State-owned lender PT Bank Tabungan Negara Tbk (BTN) has assured that a sanction issued by the Financial Services Authority (OJK) prohibiting the bank from accepting new customers in its cash offices will not disrupt the bank’s overall performance.BTN corporate secretary Eko Waluyo said the contribution of third-party funds from the cash offices accounted for only 8.5 percent of BTN’s third-party funds.In addition, new accounts in the cash offices only accounted for 10 percent of all accounts.
BTN not significantly affected by OJK ban
JAKARTA. State-owned lender PT Bank Tabungan Negara Tbk (BTN) has assured that a sanction issued by the Financial Services Authority (OJK) prohibiting the bank from accepting new customers in its cash offices will not disrupt the bank’s overall performance.BTN corporate secretary Eko Waluyo said the contribution of third-party funds from the cash offices accounted for only 8.5 percent of BTN’s third-party funds.In addition, new accounts in the cash offices only accounted for 10 percent of all accounts.