Heaptalk, Jakarta — Bank BTPN officially provides local and foreign custodian services for institutional and individual investors. As a custodian bank, BTPN will carry out transactions related to securities, such as shares, bonds, and mutual fund collective investment contract participation units, and represent its customers’ account holders.
Previously, this banking company also obtained approval as a custodian bank from Indonesia’s Financial Services Authority (OJK). This decision is based on OJK banking Supervisor Approval Letter No.S-71/PB.311/2024, dated January 21, 2024, on the Approval of Custodian Activities and the OJK Board of Commissioners Decree No. KEP-31/PM.02/2024, issued on May 7, 2024, in Jakarta, approving PT Bank BTPN Tbk as a custodian bank.
“We aim to be a commercial bank whose company shares are listed on the stock exchange to increase the number of investors in the Indonesian capital market. We can achieve this by collaborating with investment players and managers by utilizing the products and services available at Bank BTPN, including Custodian services,” Head of Wholesale Banking Group at Bank BTPN, Nathan Christianto, affirmed.
The company will also prioritize security and efficiency in its custodian service operations, complying with OJK regulations for the banking industry and capital market sector, including compliance with Customer Personal Data Protection, Anti-Money Laundering, Prevention of Terrorism Financing, and Prevention of Weapons of Mass Destruction Financing.
“We hope that Bank BTPN’s custodian services will enhance financial literacy, helping people make informed investments that align with their risk profiles, support sustainable growth in the capital market, and contribute to the nation’s economic development. Thus, we also plan to offer custodian services for overseas investors through the SMBC network, supporting the sustainable enhancement of Indonesia’s capital market,” added Nathan.
