BTPN SMEGreen I

completed

International Finance Corporation (“IFC”) is proposing to extend a local currency senior debt facility of US$150million to PT. Bank BTPN Tbk (“BTPN” or the “Bank”). The project exhibits strong fit with IFC's and World Bank Group (“WBG”) strategic priority in Indonesia to achieve Sustainable and Inclusive Growth. The proceeds will be used by the Bank to expand green financing and to increase lending to Micro, Small, and Medium Enterprises (“MSMEs”) with a focus on two areas, addressing MSME financing gaps through Supply Chain Finance (“SCF”) and promoting lending to women owned MSMEs (“Women MSMEs”).The Bank is a valued client of IFC since 2009 and was formerly known as PT Bank Tabungan Pensiunan Nasional Tbk, a mid-size commercial bank in Indonesia with focus on financial inclusion and targets low income pensioners, MSMEs and women entrepreneurs at the base of the pyramid. The Bank was rebranded after it was merged with PT Bank Sumitomo Mitsui Indonesia on February 1st, 2019 and became a universal bank serving full spectrum of Indonesia’s customer segments from the retail to corporate. Supported by 19,465 employees, BTPN serves close to 12million customers throughout Indonesia as of Sep-19.