PT Bank Tabungan Negara (Persero) Tbk is optimistic that the lender will achieve its business target set for 2021, getting supports from the new Board of Directors approved by the Annual General Meeting of Shareholders (AGMS).

This year, the company with the issuer code BBTN is targets net profit to rise to the range of Rp2.5 trillion to Rp2.8 trillion.

Bank BTN Corporate Secretary, Ari Kurniaman, said the company remains optimistic that it can achieve business targets this year supported by solid management.

"We are also optimistic that we will be able to achieve the position as The Best Mortgage Bank in Southeast Asia in 2025, supported by a strong housing infrastructure and continuous innovation so as to provide opportunities for Indonesians to have affordable housing easily," said Ari in Jakarta, on Wednesday (10/3).

Several financial performance targets that Bank BTN also set in this metal buffalo year, namely credit and financing, are targeted to increase by 7% to 9%. The lender targets third-Party Funds to align with loan growth or the range of 7% to 9%.

Meanwhile, at the AGMS, its shareholders also agreed to appoint a new board of management.

The shareholders decided to honorably dismiss Pahala Nugraha Mansury as the President Director of Bank BTN and Yossi Istanto from Director of Human Capital, Legal, and Compliance.

The AGMS also decided to appoint Haru Koesmahargyo as the President Director of the Bank BTN. Shareholders also appointed Nofry Rony Poetra as Director of Finance, Planning and Treasury and Eko Waluyo as Director of Compliance and Legal.

The AGMS also appointed Iqbal Latanro as Deputy President Commissioner and concurrently Independent Commissioner.