Analyst Meeting per 30 Juni 2017 BBTN AM 2Q2017

ANALYST MEETING

PT Bank Tabungan Negara (Persero) Tbk.

Business & Financial Performances

as of June 30, 2017

Disclaimer

IMPORTANT: The following forms part of, and should be read in conjunction with, the other material in this presentation

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Macroeconomy

4

Outline

Page

Performance Overview

14

Sharia Business

39

Appendices

42

2Q17 Summary

11

Macroeconomy

•

June inflation remained under control at 4.37%

(yoy), still within

BI’s

target of 4

±

1%.

•

Bank

Indonesia

kept

BI

7-Day

RR

Rate

Macroeconomy:

Stronger Macro Outlook

•

The economy grew by 5.01% (yoy) in 1Q17,

supported by stronger export, investment and

consumption.

•

Indonesia’

Controlled Inflation & Interest Rate

Stronger Economic Growth

Banking System:

Loan was Limited, Deposit Began to Improve

Weak Loan Growth

Flat NPL Ratio

Loan growth decelerated to 8.7% (yoy) in May

2017 after showing an increasing trend since

early

2017.

Meanwhile,

deposit

growth

accelerated to 11.2% (yoy) in May 2017.

NPL gross recorded at 3.1% in May 2017 after

showing improvement in Mar 2017 at 3.0%.

•

Residential Property Price Index showed a

stronger uptick in 1Q17.

•

Accelerated quarterly from 0.37% to 1.23%

Housing Industry:

Property Price Index Showed An Acceleration

Residential Property Price Index

Growth of Property Sales (% qtq)

•

In line with higher property price in 1Q17,

Residential

Property

Sales

growth

decelerated to 4.16% (qtq) due to dwindling

demand.

BBTN vs Industry

Loan & Deposit Growth

Robust Loan Growth

Strong Deposits Growth

In June 2017, BBTN Loan grew by 18.81%

(yoy), far above industry growth at 8.7% (yoy)

in May 2017. Its acceleration was sustained by

Subsidized Mortgages.

Total Deposits of BBTN increased by 18.26%

(yoy) in June 2017 with Current Accounts

marked the biggest growth. Meanwhile industry

recorded at 11.2% (yoy) in May 2017.

Mortgages & Net Profit

In 1H17, Net Profit of BBTN grew by 21.95%

(yoy), above industry growth at 17.20% (yoy) in

May 2017.

Solid Mortgages Growth

Strong Profitability

BBTN Mortgages grew 19.13% (yoy) in June

2017 while industry recorded at 7.69% (yoy) in

May 2017.

2Q17 Summary

Unit

IDR Bn

Unit

IDR Bn

Unit

IDR Bn

Unit

IDR Bn

Unit

IDR Bn

Subsidized Mortgage

504,122

82,225

9,500

96,565

3,826

67,272

2,351

163,837

6,177

246,062

15,677

Non Subsidized Mortgage

161,878

23,949

7,384

87,364

13,206

12,798

2,743

100,162

15,949

124,111

23,333

TOTAL

666,000

106,174

16,884

183,929

17,032

80,070

5,094

263,999

22,126

370,173

39,010

Loan Type

Target

(Unit)

Progress as of Jun 30, 2017

Mortgage

Disbursed 2017

Construction Loans Support in Progress

Total

Approved

prior to 2017

Approved

in 2017

Total

2Q17 Key Takeaways

•

Deposits rose by 18.26% (yoy) sufficient to support loan growth

•

LCR was sufficient at 154.52%

•

Wholesale funding of Rp8.385 trn from NCD & bilateral loans

•

Rp1 trn of asset securitization

Strong

Liquidity

Improved

Asset

Quality

•

NPL gradually improved to 3.23%, lower than 3.41% in June 2016

•

NPL on subsidized mortgage continued to improve, while construction & commercial

loans got better

Solid

Profitability

•

Net profit increased by 21.95% (yoy)

•

Net interest income raised by 14.13% (yoy), fee income grew by 35.33% (yoy)

•

Loan growth was 18.81% (yoy), supported by the government program of 1 million houses

•

Subsidized mortgage demand remained strong with 28.34% growth

•

Sustaining the leadership of mortgage in Indonesia by 35.4% & holding 95.77% of national

subsidized mortgage disbursement

Robust

Loan

Growth

Performance Overview

Financial Highlight

(IDR Billion)

FY 2012

FY 2013

FY 2014

FY 2015

FY 2016

1H 2016

1H 2017

y.o.y

Total Asset

111,749

131,170

144,582

171,808

214,168

189,513

224,067

18.23%

Total Loan & Financing

81,411

100,467

115,916

138,956

164,446

149,316

177,401

18.81%

Total Deposits

80,688

96,213

106,479

127,746

160,192

134,555

159,125

18.26%

Equity

10,279

11,557

12,253

13,860

19,131

17,547

19,851

13.14%

Net Profit

1,364

1,562

1,146

1,851

2,619

1,042

1,271

21.95%

Earning per Share (IDR)

148

148

108

175

247

98

120

21.95%

CAR (Tier 1)

16.95%

14.91%

14.07%

14.87%

16.54%

16.82%

15.08%

CAR (BI)

17.69%

15.62%

14.64%

16.97%

20.34%

22.07%

18.38%

NPL (Gross)

4.09%

4.05%

4.01%

3.42%

2.84%

3.41%

3.23%

NPL (Nett)

3.12%

3.04%

2.76%

2.11%

1.85%

2.23%

2.24%

N I M

5.83%

5.44%

4.47%

4.87%

4.98%

4.65%

4.42%

C I R

49.71%

50.86%

57.21%

50.08%

48.41%

54.23%

54.03%

COVERAGE RATIO

29.48%

27.97%

33.77%

43.14%

45.25%

40.79%

38.78%

ROE

18.23%

16.05%

10.95%

16.84%

18.35%

16.22%

15.64%

ROA

1.94%

1.79%

1.14%

1.61%

1.76%

1.54%

1.52%

LDR

100.90%

104.42%

108.86%

108.78%

102.66%

110.97%

111.49%

FY 2012

FY 2013

FY 2014

FY 2015

FY 2016

1H 2016

1H 2017

y.o.y

Total Assets

111,749

131,170

144,582

171,808

214,168

189,513

224,067

18.23%

Total Earning Assets

101,538

118,305

132,192

157,049

195,780

172,127

203,880

18.45%

- Term Deposit with BI

10,867

4,834

1,496

7,529

17,581

8,580

7,757

-9.59%

- Loans and Financing

81,411

100,467

115,916

138,956

164,446

149,316

177,401

18.81%

- Securities

8,491

12,595

13,684

10,001

12,785

13,394

17,247

28.77%

- Other Earning Assets

769

408

1,095

562

968

837

1,476

76.31%

Provision on Earning Asset

(997)

(1,148)

(1,581)

(2,064)

(2,132)

(2,093)

(2,235)

6.79%

Others

11,208

14,013

13,972

16,823

20,520

19,479

22,422

15.11%

Deposits

80,688

96,213

106,479

127,746

160,192

134,555

159,125

18.26%

Securities Issued

7,137

8,837

7,939

10,937

12,935

10,937

12,937

18.29%

Deposits from Other Banks

741

285

1,770

3,255

5,459

7,941

10,829

36.38%

Repurchase Agreements

2,335

2,653

3,818

2,135

1,385

3,547

2,984

-15.88%

Borrowings

6,734

7,070

6,996

7,725

7,999

8,697

10,648

22.43%

Others

3,834

4,556

5,329

6,151

7,068

6,290

7,693

22.30%

Equity

10,279

11,557

12,253

13,860

19,131

17,547

19,851

13.14%

Balance Sheet

Asset Composition

Total Assets

(IDR Trillion)

Assets Composition

Earning Asset Composition

Total Earning Asset

(IDR Trillion)

Earning Asset Composition

IDR Bn Shares IDR Bn Shares IDR Bn Shares IDR Bn Shares IDR Bn Shares IDR Bn Shares IDR Bn Shares

Housing Loans 70,223 86.26% 87,005 86.60% 102,614 88.52% 124,927 89.90% 147,948 89.97% 135,745 90.91% 159,739 90.04% 17.68%

Subsidized Mortgages 25,562 31.40% 28,429 28.30% 34,347 29.63% 43,527 31.32% 56,835 34.56% 49,864 33.40% 63,995 36.07% 28.34% Non-Subsidized Mortgages 29,129 35.78% 39,548 39.36% 45,601 39.34% 53,567 38.55% 60,469 36.77% 57,158 38.28% 63,496 35.79% 11.09% Other Housing Loans 6,070 7.46% 7,198 7.16% 8,179 7.06% 8,934 6.43% 8,723 5.30% 8,774 5.88% 8,668 4.89% -1.20% Construction Loan 9,462 11.62% 11,829 11.77% 14,486 12.50% 18,900 13.60% 21,921 13.33% 19,950 13.36% 23,580 13.29% 18.20%

Non-Housing Loans 11,187 13.74% 13,463 13.40% 13,302 11.48% 14,029 10.10% 16,498 10.03% 13,571 9.09% 17,662 9.96% 30.15%

Consumer Loan 1,923 2.36% 2,597 2.59% 2,916 2.52% 3,839 2.76% 4,738 2.88% 3,649 2.44% 4,772 2.69% 30.79% Commercial Loan 9,264 11.38% 10,865 10.81% 10,386 8.96% 10,190 7.33% 11,761 7.15% 9,923 6.65% 12,890 7.27% 29.91%

Total Loans 81,411 100.00% 100,467 100.00% 115,916 100.00% 138,956 100.00% 164,446 100.00% 149,316 100.00% 177,401 100.00% 18.81% y.o.y

31-Dec-15 30-Jun-16 30-Jun-17

Loans Type

31-Dec-12 31-Dec-13 31-Dec-14 31-Dec-16

Loans Composition: Focused on Housing Loans

Gross Loan

(IDR Trillion)

Housing and Non-Housing Loans

(%)

Mortgages: Growth Remained Strong

Subsidized Mortgages

(IDR Billion)

Non Subsidized Mortgages

(IDR Billion)

Mortgage Composition

(%)

Total Mortgages

(IDR Billion)

Loan Disbursement: Mortgages & Construction Loans were the Drivers

IDR Trillion

IDR Billion

2016

2017

IDR Bio

Housing Loans

28,041 33,955 34,029 41,812 47,216 21,796 24,894 14.21%

Subsidized Mortgages

4,213 6,506 7,960 12,771 17,527 8,301 9,500 14.45%

Non-Subsidized Mortgages

12,479 14,286 12,629 13,404 14,315 6,627 7,384 11.43%

Other Housing

2,659 2,500 2,416 2,418 1,823 880 938

6.57%

Construction Loan

8,690 10,663 11,023 13,219 13,551 5,989 7,072 18.08%

Non-Housing Loans

9,679 10,338 7,569 9,434 12,043 4,562 7,180 57.39%

FY 2016

FY 2012

FY 2013

FY 2014

FY 2015

Loan Quality: Manageable NPL

Gross NPL

(%)

Net NPL

(%)

31-Dec

31-Dec

31-Dec

31-Dec

31-Dec

(Gross)

2012

2013

2014

2015

2016

2016

2017

3.93%

3.80%

3.43%

2.79%

2.36%

2.85%

2.83%

5.00%

5.24%

3.96%

2.48%

1.52%

2.15%

1.66%

2.90%

2.61%

2.51%

2.57%

2.65%

2.91%

3.38%

Other Housing Loans

3.08%

3.17%

3.47%

3.44%

3.59%

3.91%

4.53%

4.74%

4.75%

5.13%

3.81%

3.21%

3.94%

3.84%

5.08%

5.60%

8.51%

9.02%

7.14%

8.97%

6.86%

Consumer Loan

2.00%

2.03%

2.55%

2.17%

1.35%

2.42%

1.48%

Housing Loans

Subsidized Mortgage

Non-Subsidized Mortgage

Construction Loan

Non-Housing Loans

30-Jun

Loan Type

IDR Bn Share IDR Bn Share IDR Bn Share IDR Bn Share IDR Bn Share IDR Bn Share IDR Bn Share

Current 68,420 84.04% 84,301 83.91% 95,262 82.18% 116,887 84.12% 142,963 86.94% 125,535 84.07% 150,333 84.74%

Special Mentioned 9,665 11.87% 12,101 12.04% 16,004 13.81% 17,316 12.46% 16,807 10.22% 18,688 12.52% 21,338 12.03%

PL 78,085 95.91% 96,402 95.95% 111,266 95.99% 134,203 96.58% 159,770 97.16% 144,223 96.59% 171,671 96.77%

Substandard 686 0.84% 458 0.46% 338 0.29% 250 0.18% 260 0.16% 469 0.31% 493 0.28%

Doubtful 542 0.67% 457 0.45% 454 0.39% 359 0.26% 333 0.20% 565 0.38% 670 0.38%

Loss 2,098 2.58% 3,151 3.14% 3,859 3.33% 4,144 2.98% 4,083 2.48% 4,059 2.72% 4,567 2.57%

NPL 3,326 4.09% 4,066 4.05% 4,650 4.01% 4,753 3.42% 4,676 2.84% 5,093 3.41% 5,730 3.23%

PL + NPL 81,411 100.00% 100,467 100.00% 115,916 100.00% 138,956 100.00% 164,446 100.00% 149,316 100.00% 177,401 100.00%

NPL Gross 4.09% 4.05% 4.01% 3.42% 2.84% 3.41% 3.23% NPL Netto 3.12% 3.04% 2.76% 2.11% 1.85% 2.23% 2.24%

31-Dec-13 31-Dec-15 31-Dec-16 30-Jun-16 30-Jun-17 Collectibility

31-Dec-12 31-Dec-14

Note : Figures Include Sharia financing

Special-Mentioned Loan

Special-Mentioned by Loan Type

(%)

Special-Mentioned Loan

(%)

Restructured Loan

Restructured Loan by Quality in 2Q17

(%)

Restructured Loan in 2Q17

(IDR Billion)

Restructured Loan Outstanding

(IDR Billion)

Liabilities: Sufficient to Support Loan Growth

Total Liabilities

(IDR Trillion)

Funding Composition

(IDR Trillion)

Funding Composition

Deposits

FY 2012 FY 2013 FY 2014 FY 2015 FY 2016

1H2016

1H2017

y.o.y

Current Account

13.27

19.12

23.23

31.37

45.85

33.12

41.73

25.97%

Savings Account

21.54

24.24

25.55

30.76

34.83

28.81

33.04

14.69%

Time Deposits

45.88

52.86

57.70

65.62

79.52

72.62

84.36

16.16%

Total

80.69

96.21

106.48

127.75

160.19

134.55

159.12

18.26%

Deposits: Solid Growth & Liquidity

Total Deposits Mix

(IDR Trillion)

CASA Composition

Total Equity

(IDR Trillion)

CAR - BI

(%)

2012

2013

2014

2015

2016

Jun-16

Jun-17

Tier - 1 Capital

9,038

9,879

10,736

12,172

16,444

15,432

16,216

Tier - 2 Capital

582

722

797

1,721

3,776

4,821

3,550

Capital on B/S

10,279

11,557

12,253

13,860

19,131

17,547

19,851

RWA - Credit Risk

46,582

57,749

66,251

70,474

86,189

78,510

92,027

RWA - Market Risk

182

284

226

223

344

359

584

RWA - Operational Risk

6,557

8,229

9,856

11,185

12,899

12,899

14,934

RWA - Total

53,321

66,262

76,333

81,882

99,432

91,768

107,545

CAR Tier – 1/(RWA Credit + Market + Ops

Risk)

16.95%

14.91%

14.07%

14.87%

16.54%

16.82%

15.08%

CAR B/S/(RWA Credit + Market Risk)

21.98%

19.91%

18.43%

19.60%

22.11%

22.25%

21.44%

CAR B/S/(RWA Credit + Market + Ops Risk)

19.28%

17.44%

16.05%

16.93%

19.24%

19.12%

18.46%

CAR BI ((Tier 1+2)/(RWA Credit + Market Risk))

20.17%

17.84%

16.81%

19.65%

23.37%

25.68%

21.34%

CAR BI ((Tier 1+2)/(RWA Credit + Ops Risk))

17.75%

15.69%

14.68%

17.01%

20.41%

22.16%

18.48%

CAR BI ((Tier 1+2)/(RWA Credit + Market +

Ops Risk))

17.69%

15.62%

14.64%

16.97%

20.34%

22.07%

18.38%

CAR Tier – 2

2.10%

3.80%

5.25%

3.30%

Capital Conservation Buffer

0.63%

0.63%

1.25%

FY 2011

FY 2012

FY 2013

FY 2014

FY 2015

FY 2016

1H 2016

1H 2017

y.o.y

Interest Income

7,791

9,106

11,197

13,374

15,567

17,852

8,482

9,354

10.28%

Interest Expense

(4,000)

(4,379)

(5,558)

(7,893)

(8,700)

(9,600)

(4,786)

(5,136)

7.32%

Net Interest Income

3,791

4,726

5,639

5,482

6,867

8,252

3,696

4,218

14.13%

Other Operating Income

571

577

798

923

1,132

1,285

584

791

35.33%

Other Operating Expense

(2,836)

(3,438)

(4,301)

(4,828)

(5,465)

(6,184)

(2,895)

(3,368)

16.32%

Profit From Operating

1,526

1,865

2,136

1,577

2,534

3,352

1,385

1,641

18.48%

Non Operating Income (Expense)

(3)

(8)

5

2

8

(22)

(3)

(4)

49.02%

Profit Before Tax

1,522

1,857

2,141

1,579

2,542

3,330

1,382

1,637

18.42%

Net Profit

1,119

1,364

1,562

1,146

1,851

2,619

1,042

1,271

21.95%

Income Statement

FY2012 FY2013 FY2014 FY2015 FY2016

1H2016 1H2017

Y.o.Y

Placement with Bank Indonesia

46

74

81

107

111

63

46

-27.07%

Placement with other bank

52

63

40

37

56

23

11

-54.90%

Securities

534

726

982

858

971

450

482

7.13%

Loan

7,901

9,605

11,353

13,523

15,458

7,367

8,128

10.34%

Income from Syariah

573

729

919

1,042

1,256

579

687

18.78%

Total

9,106

11,197

13,374

15,567

17,852

8,482

9,354

10.28%

Interest Income Composition

FY2012 FY2013 FY2014 FY2015 FY2016

1H2016 1H2017

Y.o.Y

Bank Indonesia

8

5

2

1.06

-

-

-

-Deposits from other Banks

20

39

84

328

285

200

203

1.27%

Deposits from Non Banks

3,118

4,082

6,290

6,750

7,363

3,625

3,915

7.99%

Securities Issued

674

826

787

883

1,088

518

583

12.55%

Fund Borrowings

400

450

529

516

718

360

387

7.45%

Others

159

157

201

222

147

82

48

-41.45%

Total

4,379

5,558

7,893

8,700

9,600

4,786

5,136

7.32%

Interest Expense Composition

FY2012 FY2013 FY2014 FY2015 FY2016

1H2016 1H2017

Y.o.Y

Marked to market

9

17

7

-

10

13

62

377.08%

Gain

17

32

112

170

273

124

184

48.11%

Reversal on Provisions

-

8

5

7.51

0.10

0.02

3.14

12997.96%

Commissions, Services & Admin Fee *)

11

31

496

596

656

298

387

29.90%

Others *)

541

709

303

358

347

149

154

3.55%

Total

577

798

923

1,132

1,285

584

791

35.33%

Other Operating Income Composition

(IDR Billion)

FY2012 FY2013 FY2014 FY2015 FY2016 1H2016 1H2017 Y.o.Y Provisions 214 441 777 901 708 307 372 21.21% Salaries & Employee Benefit 978 1,161 1,260 1,459 1,619 890 1,062 19.35% Electricity, Telp, Office Supp. 384 365 494 591 660 316 327 3.51% Others 355 337 227 422 452 219 279 27.26% Rent, Service & Maintenance 376 482 542 563 703 327 352 7.49% Depreciation 267 279 226 196 219 96 100 4.51% Promotion 275 411 509 417 402 176 208 18.04% Collector Fees & Consultant 313 386 451 544 684 346 407 17.50% Insurance Premium 145 175 217 245 303 146 175 19.48% Training 117 110 107 106 136 63 76 20.66% Research & Development 4 4 6 7 14 6.3 4.6 -27.47% Other Taxes 11 6 8 8 9 2 6 147.04% Gain 0 1 3 4 2 - - -Marked to Market - 144 0.00 0.19 0.00 0.0004 0.06 14733.64% Allowance related to Operational Risk - - - - 273.50 - -

-Total 3,438 4,301 4,828 5,465 6,184 2,895 3,368 16.32%

Other Operating Expense Composition

Key Financial Ratios (1/4)

Net Income

(IDR Billion)

Key Financial Ratios (2/4)

ROA

1

–

_{before tax}

Key Financial Ratios (3/4)

ROE

3

–

_{tier 1 capital}

ROE

4

–

_{balance sheet}

15.28%

Key Financial Ratios (4/4)

Loan-to-Deposit Ratio

Sharia Business

Sharia Business

Sharia Assets

(IDR Billion)

Sharia Net Profit

(IDR Billion)

Sharia Deposits

Sharia Financings & NPF

Sharia Disbursement

(IDR Billion)

Sharia NPF (Gross)

(%)

Sharia NPF (Net)

(%)

Sharia Financings

Appendices

Share Ownerships Composition as of Jun 30, 2017

•

IPO by listed on IDX on 17 December 2009 at IDR800 per

share

•

Rights issue successfully done in November 2012 by

issuing additional 1.512.857.500 new shares

Shares Information

Ownership

# of Shares

%

G O I

6,354,000,000

60.00%

Public

4,236,000,000

40.00%

- Domestic

1,319,056,091

12.46%

- Foreign

2,916,943,909

27.54%

Total

10,590,000,000

100.00%

Period Opening Lowest Highest Closing Average Volume (Lots)

PBV

(x) BVPS

Market Cap (IDR Million)

2Q 2017 2,300 2,140 2,710 2,600 133,321 1.39 1,875 27,534,000

2Q 2016 1,740 1,560 1,885 1,715 171,332 1.04 1,657 18,161,850

Outlets

I N D O N E S I A

Regional Offices 2

Branch Offices 43

Sub Branch Offices 166

Cash Outlets 372

Sharia Outlets 49

Priority Outlet 25

Post Offices 1,624 ATMs 1,425 Jawa Regional Offices 1

Branch Offices 11

Sub Branch Offices 38

Cash Outlets 58

Sharia Outlets 10

Priority Outlet 6

Post Offices 700

ATMs 255

Sumatera Regional Offices -Branch Offices 3

Sub Branch Offices 6

Cash Outlets 10

Sharia Outlets -Priority Outlet 2

Post Offices 141

ATMs 50

Bali & Nusa Tenggara Regional Offices -Branch Offices 5

Sub Branch Offices 15

Cash Outlets 17

Sharia Outlets 3

Priority Outlet 4

Post Offices 299

ATMs 94

Kalimantan Regional Offices 1

Branch Offices 6

Sub Branch Offices 14

Cash Outlets 19

Sharia Outlets 3

Priority Outlet 2

Post Offices 126

ATMs 103

Sulawesi Regional Offices -Branch Offices 3

Sub Branch Offices 3

Cash Outlets 2

Sharia Outlets -Priority Outlet -Post Offices 61

ATMs 24

Papua & Maluku 2012 2013 2014 2015 2016 2Q2016 2Q2017 Regional Offices 3 3 3 4 4 4 4

Branch Offices 65 65 65 65 65 65 71

Sub Branch Offices 223 223 223 223 243 227 242

Cash Outlets 415 479 479 479 477 476 478

Sharia Outlets 50 50 50 50 65 51 65

Priority Outlet 13 23 34 39 40 39 39

THANK YOU

________________

Investor Relations

PT Bank Tabungan Negara (Persero) Tbk

Menara BTN Lt. 20 - Jl Gajah Mada No. 1

Jakarta Pusat 10130

Telp : +62 21 63870142 / +62 21 63870107

Facs: +62 21 63870104

Email : investor_ relations@btn.co.id

Website : www.btn.co.id

Sharia Business

Sharia Assets

(IDR Billion)

Sharia Net Profit

(IDR Billion)

Sharia Deposits

Sharia Financings & NPF

Sharia Disbursement

(IDR Billion)

Sharia NPF (Gross)

(%)

Sharia NPF (Net)

(%)

Sharia Financings

Appendices

Share Ownerships Composition as of Jun 30, 2017

•

IPO by listed on IDX on 17 December 2009 at IDR800 per

share

•

Rights issue successfully done in November 2012 by

issuing additional 1.512.857.500 new shares

•

Market cap as of Jun 30, 2017 was IDR 27.53 Trillion

Shares Information

Ownership

# of Shares

%

G O I

6,354,000,000

60.00%

Public

4,236,000,000

40.00%

- Domestic

1,319,056,091

12.46%

- Foreign

2,916,943,909

27.54%

Total

10,590,000,000

100.00%

Period Opening Lowest Highest Closing Average Volume (Lots)

PBV

(x) BVPS

Market Cap (IDR Million) 2Q 2017 2,300 2,140 2,710 2,600 133,321 1.39 1,875 27,534,000

2Q 2016 1,740 1,560 1,885 1,715 171,332 1.04 1,657 18,161,850

Outlets

I N D O N E S I A

Regional Offices 2

Branch Offices 43

Sub Branch Offices 166

Cash Outlets 372

Sharia Outlets 49

Priority Outlet 25

Post Offices 1,624 ATMs 1,425 Jawa Regional Offices 1

Branch Offices 11

Sub Branch Offices 38

Cash Outlets 58

Sharia Outlets 10

Priority Outlet 6

Post Offices 700

ATMs 255

Sumatera Regional Offices -Branch Offices 3

Sub Branch Offices 6

Cash Outlets 10

Sharia Outlets -Priority Outlet 2

Post Offices 141

ATMs 50

Bali & Nusa Tenggara Regional Offices -Branch Offices 5

Sub Branch Offices 15

Cash Outlets 17

Sharia Outlets 3

Priority Outlet 4

Post Offices 299

ATMs 94

Kalimantan Regional Offices 1

Branch Offices 6

Sub Branch Offices 14

Cash Outlets 19

Sharia Outlets 3

Priority Outlet 2

Post Offices 126

ATMs 103

Sulawesi Regional Offices -Branch Offices 3

Sub Branch Offices 3

Cash Outlets 2

Sharia Outlets -Priority Outlet -Post Offices 61

ATMs 24

Papua & Maluku 2012 2013 2014 2015 2016 2Q2016 2Q2017 Regional Offices 3 3 3 4 4 4 4

Branch Offices 65 65 65 65 65 65 71

Sub Branch Offices 223 223 223 223 243 227 242

Cash Outlets 415 479 479 479 477 476 478

Sharia Outlets 50 50 50 50 65 51 65

Priority Outlet 13 23 34 39 40 39 39

THANK YOU

________________

Investor Relations

PT Bank Tabungan Negara (Persero) Tbk

Menara BTN Lt. 20 - Jl Gajah Mada No. 1

Jakarta Pusat 10130

Telp : +62 21 63870142 / +62 21 63870107

Facs: +62 21 63870104

Email : investor_ relations@btn.co.id

Website : www.btn.co.id