Key insights and market outlook
PT Bank Tabungan Negara (Persero) Tbk (BTN) has successfully disbursed Rp23.28 trillion by October 31, 2025, representing 93% of the Rp25 trillion government funds from the Sisa Anggaran Lebih (SAL) placed with the bank. BTN's CEO Nixon LP Napitupulu stated that the bank is on track to fully disburse the remaining amount before mid-November 2025, in line with their credit pipeline and scheduled disbursements.
PT Bank Tabungan Negara (Persero) Tbk (BTN) has made significant progress in disbursing government funds from the Sisa Anggaran Lebih (SAL). By October 31, 2025, the bank had successfully channeled Rp23.28 trillion, representing 93% of the total Rp25 trillion placed with the institution. This achievement aligns with BTN's previous projections that the government funds would be fully utilized before mid-November 2025.
BTN's CEO, Nixon LP Napitupulu, emphasized that the disbursement of these government funds, known as Penempatan Uang Negara (PUN), is proceeding according to the bank's available credit pipeline and scheduled disbursements. The successful allocation of these funds demonstrates BTN's ability to effectively manage and distribute government resources in support of national economic initiatives.
With the remaining Rp1.72 trillion yet to be disbursed, BTN is confident in its ability to fully utilize the allocated funds before the projected deadline. This confidence is based on the bank's robust credit pipeline and its ongoing efforts to support various economic sectors through targeted lending initiatives.
Government Fund Disbursement Milestone
Credit Pipeline Utilization