State-owned mortgage bank PT Bank Tabungan Negara (BTN) Tbk (BBTN) booked net profit of Rp1.47 trillion in the first half (H1) of 2023, up 0.23% year on year (y/y), with loan and financing growing 7.52% y/y to Rp307.67 trillion. BBTN is one of major banks valued way below equity (nearly half of equity in fact). To subscribe please click here
