Bank BTPN Tbk vs Bank Multiarta Sentosa Tbk. — how do they compare? Bank BTPN Tbk trades at Rp2,200 (market cap 23.18T), while Bank Multiarta Sentosa Tbk. trades at Rp3,390 (market cap 4.7T). The key difference: Bank BTPN Tbk is far larger — about 4.9× Bank Multiarta Sentosa Tbk.'s market cap. Which is the better fit depends on your goals.
| BTPN | MASB | |
|---|---|---|
Market Cap | 23.18T | 4.7T |
Trailing returns across standard periods
Latest headlines on both assets
Bank Tabungan Pensiunan Nasional, PT (the company) was established by notarial deed no.31 dated Feb 16, 1985 of komar Andasasmita, SH. The Bank's Articles of Association have been amended several times, including through Notarial Deed no. 11 dated Mar 3, 2006 of notary Sutjipto, SH. The amendment is to revise the Bank's Articles of Assotiation to comply with the regulation of the Indonesia Stock Exchange and the Capital Markets Supervisory Agency and Financial Institution in relation to the planned initial public offering.The Bank started its commercial operation in banking activities since 1985. Based on the Ministry of Finance decision letter No.135/KM/11/1986, the Bank was granted a license to operate as a commercial bank.
Read more on BTPN →PT Bank Multiarta Sentosa Tbk (the Bank) was established by Deed No.201 dated July 28, 1992 of H.Saidus Sjahar, S.H. The Bank's parent company is PT Danabina Sentana which is the majority stockholder of the Bank. The majority shareholder of PT Danabina Sentana is PT Lumbung Artakencana which is a company established in Indonesia and the Bank’s ultimate shareholder that joined in business group of Wings Group.
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