Jakarta, October 15, 2025 – The Sharia Business Unit of PT Bank Tabungan Negara (Persero) Tbk (BTN Syariah) once again recorded solid financial performance ahead of its spin-off from BTN.
Based on the monthly financial report on BTN's official website, the financing distributed by BTN Syariah grew by around 18.2% year-on-year (yoy), increasing from Rp42.36 trillion in August 2024 to Rp50.1 trillion in August 2025.
Alongside the financing growth, BTN Syariah also recorded an increase in third-party funds (DPK) of around 17.9% yoy, rising from Rp47.96 trillion to Rp56.5 trillion in August 2025. In line with the growth of financing and DPK, the assets of the Sharia Business Unit (UUS) also grew by around 16.9% yoy, from Rp57.7 trillion to Rp67.4 trillion in August 2025.
BTN President Director Nixon LP Napitupulu said the double-digit growth trend at BTN Syariah is a positive signal ahead of the spin-off process. The growth record also reflects the strong foundation of BTN's sharia business.
“In this spin-off process, we ensure that BTN Syariah's performance remains optimal while also demonstrating its readiness to stand independently and even accelerate after the spin-off when it joins Bank Syariah Nasional,” Nixon said in Jakarta, Wednesday (15/10).
Nixon added that BTN Syariah's positive performance is the result of selective financing strategies, expansion of the customer base, and optimization of fund raising from various segments, including retail and institutional customers.
With the performance recorded as of August 2025, BTN is optimistic that the spin-off process of BTN Syariah can proceed according to the targeted timeline and contribute more significantly to the national Islamic banking industry.
Meanwhile, the spin-off process of BTN Syariah from BTN is awaiting the decision of the Extraordinary General Meeting of Shareholders (RUPSLB), which is planned to be held in November 2025. Currently, BTN has become the controlling shareholder of Bank Syariah Nasional (BSN), which will later become the bank receiving the spin-off of BTN Syariah from BTN.
