BTN Maintains MSCI ESG Rating Amid Indonesia's Market Downgrade

PT Bank Tabungan Negara (BTN) has successfully maintained its Environmental, Social, and Governance (ESG) rating from MSCI, even as the rating agency lowered its assessment of Indonesia's capital market. This sustained high rating underscores the effectiveness of BTN's ongoing transformation efforts in governance and risk management, which have been implemented over the past several years.

Nixon LP Napitupulu, the President Director of BTN, emphasized that this accomplishment demonstrates the bank's transformation has yielded benefits beyond financial performance, significantly strengthening its corporate governance. "You can see MSCI. Even though Indonesia experienced a decline, BTN still received a good rating for ESG implementation from MSCI," Nixon stated during a press conference on the bank's first-half 2026 performance in Jakarta.

In addition to the MSCI rating, BTN was honored with the ASEAN Corporate Governance award. Nixon noted that the bank is recognized for its robust implementation of governance, risk management, and compliance practices. He attributed these successes to the comprehensive transformation initiated by BTN in 2019. This strategic overhaul has involved enhancing human resources, digitalizing services, leveraging technology, and improving the quality of customer service.