BTN Provides Significant Credit Facility to Support Danareksa Expansion

Strategic Partnership for Business Growth

PT Bank Tabungan Negara (Persero) Tbk (BTN) has entered into a significant financial partnership with PT Danareksa (Persero), the state-owned holding company, by providing a comprehensive Rp 4.5 trillion credit facility. This strategic move is designed to support Danareksa's ambitious business expansion plans and strengthen BTN's position as a leading financial partner for major state-owned enterprises.

Credit Facility Structure

The credit facility is structured into two main components: a Rp 2 trillion Committed Corporate Line Facility and a Rp 2.5 trillion Uncommitted Corporate Line Facility. This dual structure provides Danareksa with the financial flexibility to meet both short-term operational needs and long-term strategic investment requirements. The arrangement was formalized through a Heads of Agreement (HoA) signed by BTN's CEO Nixon LP Napitupulu and Danareksa's CEO Yadi Jaya Ruchandi on December 18, 2025.

Strategic Implications

This partnership is particularly significant as it positions BTN as the main operating bank for Danareksa and its entire holding structure. The agreement demonstrates BTN's capability to serve as a primary financial partner for large state-owned corporations. Nixon LP Napitupulu, BTN's CEO, emphasized that this collaboration showcases the bank's readiness to support major corporate entities and become their preferred banking partner.

Market Impact

The credit facility is expected to play a crucial role in supporting Danareksa's expansion plans while strengthening the bank's relationship with key state-owned enterprises. This development is particularly noteworthy in the context of Indonesia's state-owned enterprise restructuring efforts, where strategic financial partnerships are becoming increasingly important for business growth and financial stability.