BTN seeks alternative funds for loan growth
Marchio Irfan Gorbiano
The Jakarta Post
PREMIUM State-owned lender Bank Tabungan Negara (BTN) plans to seek out alternative funding this year in a bid to support its loan expansion, which is set to increase over last year.The country’s largest mortgage lender expects to raise a total of Rp 18 trillion (US$1.31 billion) in funds from sources outside traditional third-party funding, namely securitization, bilateral and convertible loans and the...
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