July 2014

2Q 2014 Results Update

Despite Challenging Macro Condition, Healthy Business Growth:

Loans growth: 14.6% (YoY); 8.5% (YTD) vs 4% Industry (YTD Jun 2014)

Deposits growth: 10.4% (YoY); 1.0% (YTD) vs 0.8% Industry (YTD Apr 2014)

Continue to Maintain Ample Liquidity:

LFR: 85%; LFR (incl. Equity): 72%

LDR: 95%

Liquid Asset Ratio: 35%

Robust Key Ratios:

NIM: 11.7% (1Q: 11.7% vs 2Q: 11.8%)

NPL: 0.87% (1Q: 0.74% vs 2Q: 0.87%)

ROE: 19.0%

CAR: 23.4%

Strong Fee Income Growth:

Fee Income: Rp 327 bio (97.9% YoY)

Net Income:

1H NPAT: Rp 996 bio (-9.6% YoY)

2Q NPAT: Rp 502 bio (1.9% QoQ)

1H 2014 Results

1

Balance Sheet Highlights (Consolidated)

Note: Other loans include joint financing, money market loan, employee loan and ex-Bank Sahabat loan

2

IDR billion

Cash & BI 5,329 5,414 5,513 5,820 9%

SBI & Placement 12,281 15,352 11,722 12,410 1%

Loans (gross) 43,629 46,105 47,037 50,013 15%

- Pension 29,944 31,614 31,738 33,157 11%

- Micro 9,978 10,427 10,641 11,204 12%

- Productive Poor (Syariah) 901 1,354 1,620 2,054 128%

- Others 2,806 2,710 3,038 3,598 28%

Allowance for losses (415) (486) (494) (542) 31%

Customer Deposits 47,748 52,196 49,263 52,696 10%

Borrowings 6,165 6,361 6,441 6,275 2%

Total Funding 53,913 58,557 55,704 58,971 9%

Equity 8,849 9,908 10,418 10,934 24%

Total Assets 63,882 69,665 67,349 71,411 12%

∆YoYJun '13 Dec '13 Mar '14 Jun '14

IDR billion

Interest income 5,249 10,943 2,993 3,100 6,093 16%

Interest expense 1,807 3,895 1,259 1,300 2,560 42%

Net interest income 3,442 7,048 1,734 1,799 3,533 3%

Fee income 165 400 142 186 327 98%

Operating income 3,607 7,449 1,875 1,985 3,860 7%

Operating expense 1,870 3,980 1,033 1,098 2,131 14%

- BAU 1,667 3,449 824 873 1,697 2%

- TUR (Productive Poor) 189 488 194 209 404 114%

- MSOP 14 43 15 15 30 113%

Net operating income 1,738 3,469 842 888 1,730 0%

Loan loss provision 257 591 171 202 373 45%

NPBT 1,479 2,869 668 681 1,349 -9%

NPAT 1,102 2,131 493 502 996 -10%

2Q '141H '13 1H '141Q '14 ∆YoYFY '13

Profit & Loss Highlights (Consolidated)

3

*

* NPAT 1H 2014 excluding MSOP would have been Rp 1,015 bio (-8% yoy growth)

Key Ratios

4

%

NIM 12.8 12.7 11.7 11.8 11.7

Cost to Income 52 53 55 55 55

LDR (end of period) 91 88 95 95 95

Loan to Funding 81 79 84 85 85

Loan to Funding (incl. Equity) 70 67 71 72 72

Liquid Asset Ratio 37 40 35 35 35

NPL 0.6 0.7 0.7 0.9 0.9

Cost of Credit/Avg. Loan 1.2 1.4 1.5 1.7 1.6

LLP/NPL 147 158 141 125 125

ROA (before tax) 4.8 4.5 3.9 3.9 3.9

ROE (after tax) 26.3 23.8 19.3 18.7 19.0

CAR (credit & ops risk) 22.6 23.1 24.0 23.4 23.4

Equity / Assets 13.9 14.2 15.5 15.3 15.3

1H '14FY '131H '13 2Q '141Q '14

LOANS COMPOSITION

78% 75%

72% 69% 66%

20%

22%

23%

23% 23% 5%

9% 11%

Dec '10 Dec '11 Dec '12 Dec '13 Jun '14

Pension Micro Others*

50.0

NPL & COST OF CREDIT

1.8 1.6 1.3 1.4 1.5 1.7

1.14 0.72 0.58 0.67 0.74 0.87

Dec '10 Dec '11 Dec '12 Dec '13 Mar '14 Jun '14

Cost of Credit / Avg Loans NPL (gross)

IDR tio %

NPL BY BUSINESS

%

0.1

5.1

2.9 2.1 2.5 2.6

3.2

0.7

Dec '10 Dec '11 Dec '12 Dec '13 Mar '14 Jun '14

Pension Micro Prod. Poor (Syariah)

* including syariah financing , joint financing, money market loan, employee loan and ex-Bank

Sahabat loan

Loans Composition & Portfolio Quality

23.3

30.3

38.8

46.1

5

621 901 1,015

1,354 1,620

2,054

Mar '13 Jun '13 Sep '13 Dec '13 Mar '14 Jun '14

IDR bio

Productive Poor

Financing Customers by Cycle

Outlets & Employees Financing

Total Customers

771 866 1,030 1,174 1,224 1,292

5,489 6,068 6,952

8,011 8,275 8,368

Mar '13 Jun '13 Sep '13 Dec '13 Mar '14 Jun '14

Outlets - Operational Outlets - Ready to Roll-out Employees

534 651

755 932

1,102 1,141

Mar '13 Jun '13 Sep '13 Dec '13 Mar '14 Jun '14

Cycle 1 62%

Cycle 2 27%

Cycle 3 10%

Cycle 4 1%

6

88

Thousands

*

* Net of 85K savings account data cleansing (1,227K without data cleansing)

COST OF FUND*

FUNDING COMPOSITION CUSTOMER DEPOSIT COMPOSITION

12 14 14 13 14

28 27 26 27 21

2 2 4 4

Dec '10 Dec '11 Dec '12 Dec '13 Jun '14

Primary Secondary Tertiary*

LIQUID ASSETS RATIO

(Against Total Customer Deposits)

* Revolving Standby Loan IFC

Dec '10 Dec '11 Dec '12 Dec '13 Jun '14

Customer Deposits Bonds & Borrowings

89%

11%

59.0

88% 89%

90% 89%

10%

11%

IDR tio

%

25.5

35.6

45.1

52.2 52.7

Dec '10 Dec '11 Dec '12 Dec '13 Jun '14

TD CASA

IDR tio

88% 83%

85%

15%

14%

86%

%

8.5 7.9 6.9 6.6

8.8 9.4

Dec '10 Dec '11 Dec '12 Jun '13 Dec '13 Jun '14

* Customer deposits only

Funding Composition & Liquidity Reserves

28.9

40.1

50.2

58.6

85%

15%

7

11% 17%

Fee-based Income & NPAT

8

FY '10 FY '11 FY '12 FY '13 1H '14

IDR bio

327

Fee-based Income

400

283

191

135

NPAT (Quarterly)

IDR bio

101 109 112

56 57

83

126

154 164

195 218

260 279

323

388 410

439

482

521 537 536

566 571

459

493 502

1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q

2008 2009 2010 2011* 2012* 2013

Launched

Micro Banking

Biz (MUR)

Launched

Productive

Poor Biz (TUR)

2014

* corporate tax rate: 20%

Fee income from Insurance:

47% 46% 39% 48% 57%

NIM & Portfolio Quality

NPL & Cost of Credit

%

9

%

NIM vs Inflation & BI Rate

7.8 7.0 6.5 6.5 6.5 6.8 6.0 5.7 5.8 6.0 7.5 7.5

14.2 13.4 13.5 13.4 12.2

11.7

7.9

2.8

7.0

3.8

8.4 6.7

BI Rate NIM Inflation (yoy)

4.3

2009 2010 2011 2012 2013 2Q14

0.0

2.4 1.5 0.9

1.6 1.7

0.8 0.5 1.1 0.7 0.6 0.7 0.9

CoC NPL

2009 2010 2011 2012 2013 2Q14

Corporate Update

BTPN has completed its Syariah Unit (UUS) spin-off and conversion

of Bank Sahabat into BTPN Syariah on July 14, 2014; making BTPN

Syariah one of 12 syariah banks in Indonesia and the only one

which focuses on serving the productive poor segment.

10

Fitch Ratings has upgraded BTPN’s rating by one notch to AA from

AA- in June 2014.

THANK YOU

Participants

1H 2013 1H 2014 Growth

631,308 977,261 55%

76,659 114%

2014 Achievement

35,874

Activities