Bank NTT

What Bank NTT does

Bank NTT (legal name: PT Bank Pembangunan Daerah Nusa Tenggara Timur, DBA Bank NTT) is a Regional Development Bank (Bank Pembangunan Daerah / BPD) owned by the Provincial Government of Nusa Tenggara Timur (NTT) in eastern Indonesia, with its headquarters in Kupang. The bank operates under the supervision of Otoritas Jasa Keuangan (OJK) and is a participant of the Lembaga Penjamin Simpanan (LPS) deposit insurance scheme. Its core mandate is to provide banking services across all regencies and cities of NTT province, serving civil servants (PNS/PPPK), retirees, students, households, Indonesian migrant workers, UMKM, and corporate customers.

The bank runs a conventional retail and commercial banking stack anchored by a core banking system and fronted by an omni-channel distribution: physical branches, a proprietary ATM network (Silver and Gold card tiers), B'Pung Mobile Banking (iOS/Android), SMS Banking for feature phones, Internet Banking Business (IBB) for corporates, QRIS merchant payments, SNAP and H2H Payment integrations, ATM Bersama network access, and a Cash Management System (CMS) for enterprise customers. The product catalogue spans savings (SIMPEDA, FLOBAMORA, Tabunganku, SIMPEL, PESIAR, FLOBAMORA Valas, Tenun NTT pension), time deposits in IDR and foreign currency, current accounts (Giro, Giro Valas), a diversified credit book (multi-purpose, commercial, housing/KPR, micro Merdeka, Mikro Kecil POPELA, Kreasi, investment, working capital, vehicle/KKB, KUR, KUR PMI, digital loan, employee loans), bank guarantees, money remittance, agent banking (Laku Pandai Be Ju Bis@), mobile cash services (Kas Keliling), and credit cards (Kartu Kredit Indonesia). Technology differentiators are operational (ease-of-use implementations, payment interoperability via QRIS/ATM Bersama/H2H) rather than proprietary.

Revenue mechanics combine traditional net interest income (loan portfolio yield under the published SBDK range of 8.95–10.09% as of May 2026 across corporate, MSME and KPR segments) with deposit float (savings tiered up to 1.00%, current accounts up to 1.00%, time deposits 3.00–3.75%) and fee-based income from ATM, transfers, CMS, guarantees, remittances, QRIS, government banking (Penerimaan Negara), and CSR-linked municipal services. Bank NTT has no public funding rounds or M&A activity, but participates in a Kelompok Usaha Bank (KUB) with Bank Jawa Timur (Bank Jatim) for shared services and digital transformation, and has established government partnerships with Kabupaten Rote Ndao (Dashboard Monitoring Rekening Pemda, E-Retribusi Parkir), Kabupaten Sumba Barat Daya (Kartu Kredit Indonesia launch), and Kabupaten Sumba Timur (CSR for UMKM ecosystem), as well as a regulatory partnership with OJK NTT for MSME financial literacy.

Name

Bank NTT

Legal name

PT Bank Pembangunan Daerah Nusa Tenggara Timur

Website

https://bpdntt.co.id

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Bank NTT (PT Bank Pembangunan Daerah Nusa Tenggara Timur) is a provincial government-owned Regional Development Bank headquartered in Kupang, Indonesia, providing retail, MSME, corporate, and government banking services across all regencies and cities of East Nusa Tenggara province.

Ownership category

akta.pro rank

Product category

Regional Development Banking

NAICS

Commercial Banking (522110), Depository Credit Intermediation (5221), Savings Institutions and Other Depository Credit Intermediation (522180)

SIC

State Commercial Banks (6022)

akta.pro primary industry

Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)

akta.pro secondary industries

Branch & In-Person Banking (Teller/ATM Networks) (FSABAAAE), SME Deposits & Business Accounts (Operating, Savings, CDs) (FSABABAC), ATM / Cash Access Network Schemes (FSAMAAAH)

Keywords

• Regional development banking
• Retail banking services
• Microfinance lending
• Cash management solutions
• Digital payment services

Headquarters

HQ city

Nusa

HQ country

Indonesia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Supply Chain

Revenue model

1. Interest Income from Loans: Bank NTT earns interest income from its diversified loan portfolio including multi-purpose loans, commercial loans, housing loans, employee loans, micro loans, investment loans, working capital loans, vehicle loans, and SME/rural enterprise loans.
2. Savings and Current Account Deposits: Bank NTT collects deposits through various savings accounts (SIMPEDA, FLOBAMORA, TABUNGANKU, SIMPEL, PESIAR, FLOBAMORA VALAS, Tenun NTT pension savings) and current accounts (GIRO, GIRO VALAS) generating float income and deposit base for lending.
3. Time Deposits (Deposito Berjangka & Valas): Fixed-term deposits in both IDR and foreign currency (USD), generating stable funding for the bank's lending operations.
4. Fee-Based Income: Income from various banking services including ATM fees, transfer fees, payment services, cash management fees, guarantee fees (Garansi Bank), and money remittance services.
5. Government Banking Services: Services for regional government including tax payments (Penerimaan Negara), government account management, and CSR funding partnerships with local governments.

Pricing tiers

Go-to-market motion1 record

Distribution channels9 records

Marketing channels4 records

Core offering

Bank NTT operates as a regional development bank (BPD) serving the Province of Nusa Tenggara Timur (NTT), Indonesia, offering retail and corporate banking services. Its core offering spans savings accounts, time deposits (IDR and foreign currency), current accounts, diversified credit products (micro, SME, commercial, housing, vehicle, payroll, and digital loans), bank guarantees, money remittance, government banking services, and a credit card (Kartu Kredit Indonesia). Customers access these via branch network, ATM network, mobile banking (B'Pung), internet banking (IBB), SMS banking, QRIS, Cash Management System (CMS), agent banking (Laku Pandai), and mobile cash services (Kas Keliling).

Product overview

Bank NTT (Bank Nusa Tenggara Timur) is a Regional Development Bank (BPD) serving the East Nusa Tenggara province of Indonesia. The bank offers a comprehensive portfolio of banking products and services organized across several categories: (1) Savings & Deposits including TABUNGAN SIMPEDA, TABUNGAN FLOBAMORA, TABUNGANKU, SIMPANAN PELAJAR, TABUNGAN PESIAR, DEPOSITO BERJANGKA, and foreign currency variants; (2) Credit/Loan products including KREDIT MULTI GUNA, KREDIT KOMERSIL UMUM, KREDIT PEMILIKAN RUMAH, KREDIT INVESTASI, KREDIT MODAL KERJA, DIGITAL LOAN, KREDIT KENDARAAN BERMOTOR, KREDIT MIKRO MERDEKA, KREDIT USAHA RAKYAT, and specialized products for migrant workers; (3) Current Accounts (GIRO) in both IDR and foreign currency; (4) Digital Channels including B'Pung Mobile Banking (iOS/Android), Internet Banking Business, SMS Banking, and ATM networks; (5) Payment services including QRIS, H2H Payment, CMS Cash Management System, and virtual accounts; (6) Agent banking through Laku Pandai. The bank also offers Kartu Kredit Indonesia (credit card) and government banking solutions like the Dashboard Monitoring Rekening Pemda and E-Retribusi Parkir applications.

Differentiator

Problem solved

Functional benefit

Products and services

• TABUNGAN SIMPEDA Savings account product designed for specific customer segments of Bank NTT across NTT province.
• TABUNGAN FLOBAMORA Savings account for Flobamora (NTT) residents with local banking benefits.
• TABUNGANKU Standard savings account product following Bank Indonesia regulations, targeted at the mass retail market.
• SIMPANAN PELAJAR (SIMPEL) Student savings account designed for students and young savers in NTT.
• TABUNGAN PESIAR Multi-purpose savings account product for various savings goals of retail customers in NTT.
• TABUNGAN FLOBAMORA VALAS Foreign currency savings account for Flobamora customers with currency flexibility.
• Tenun NTT (Tabungan Pensiun Bank NTT) Pension savings account for retirees in NTT, branded as Tenun NTT.
• DEPOSITO BERJANGKA Rupiah time deposit product with multiple tenors (1, 3, 6, 9, 12, and 24 months) offering guaranteed returns.
• DEPOSITO VALAS Foreign currency time deposit product with multiple tenor options for customers seeking USD-denominated deposits.
• KREDIT MULTI GUNA Multi-purpose loan facility for various personal or business needs, with flexible terms for retail and small business customers.
• KREDIT KOMERSIL UMUM Commercial general credit facility for corporate and business customers in NTT.
• KREDIT PEMILIKAN RUMAH (KPR) Home ownership credit (KPR) for purchasing or refinancing residential properties in NTT.
• KREDIT PEGAWAI VERTIKAL Credit facility for vertical civil servants (ASN/PNS) in NTT.
• KREDIT MIKRO MERDEKA Micro credit product supporting independent micro businesses and entrepreneurs in NTT.
• KREDIT INVESTASI Investment credit facility for business expansion and capital investments by corporate and SME customers.
• KREDIT MODAL KERJA Working capital credit facility for day-to-day business operational financing needs.
• DIGITAL LOAN Digital lending service providing quick loan access through online channels.
• KREDIT KENDARAAN BERMOTOR (KKB) Motor vehicle financing facility for cars and motorcycles of individual and corporate customers in NTT.
• KREDIT MIKRO KECIL POPELA Micro and small enterprise loan product branded as POPELA for small entrepreneurs in NTT.
• KREDIT KREASI Creative economy loan product supporting creative industry entrepreneurs in NTT.
• KSPAMS Savings and loan cooperative (KSP) product supporting microfinance services.
• KREDIT USAHA RAKYAT BANK NTT (KUR) People's business credit (KUR) facility supporting small and medium enterprises under the government program.
• KREDIT USAHA RAKYAT PEKERJA MIGRAN INDONESIA Micro business credit specifically designed for Indonesian migrant workers from NTT and their families.
• GIRO Rupiah current account product with cheque and bilyet giro facilities for business transactions.
• GIRO VALAS Foreign currency current account for businesses with international transactions in USD.
• B'Pung Mobile Banking Mobile banking application for Android and iOS providing convenient and secure access to financial transactions including transfers, payments, and other banking services for retail and corporate customers.
• CMS (Cash Management System) Cash management system for corporate customers to manage multiple accounts, perform batch transfers, payroll processing, and virtual accounts (static, dynamic, host-to-host).
• Internet Banking Business (IBB) Corporate internet banking platform for business customers providing portfolio management, realtime transfers, scheduled transfers, batch transfers, payroll, account sweeping, and virtual accounts.
• SMS Banking SMS-based banking service for balance inquiries, transfers, and bill payments using plain text SMS commands on feature phones.
• ATM Bank NTT ATM network across NTT providing 24-hour cash withdrawals, balance inquiries, transfers, and various payments with Silver ATM card (limit Rp5,000,000 withdrawal, Rp10,000,000 transfer) and Gold ATM card (Rp25,000,000 for both).
• GARANSI BANK Bank guarantee facility for business and trade purposes provided to corporate customers in NTT.
• KAS KELILING BANK NTT Mobile cash services bringing banking services to underserved areas across NTT province.
• KIRIMAN UANG Money transfer service for domestic remittances across Indonesia.
• Laku Pandai Be Ju Bis@ (Agent Banking) Agent banking service (Laku Pandai) extending banking reach through authorized agents in underserved areas of NTT.
• DI@ BISA BANK NTT Digital banking service for broader financial inclusion across NTT.
• SMART Electronic Data Capture (EDC) Smart EDC terminal services for merchant card payment acceptance at point of sale.
• EDC SAMSAT Electronic data capture service for vehicle tax (SAMSAT) payments at vehicle registration offices.
• Kartu Kredit Indonesia (KKI) Indonesian credit card product launched in Sumba Barat Daya region, providing consumer credit card services to Bank NTT customers in NTT.
• Dashboard Monitoring Rekening Pemda Government regional account monitoring dashboard co-developed with Pemerintah Kabupaten Rote Ndao for monitoring regional accounts and electronic retribution collection.
• Aplikasi E-Retribusi Parkir Digital parking retribution application for government revenue management, launched with Pemerintah Kabupaten Rote Ndao for electronic parking retribution collection.
• Pembayaran Penerimaan Negara Government tax payment (Penerimaan Negara) service enabling customers to pay state revenues through Bank NTT channels.

Quantifiable outcome

• Financial literacy training for ~100 MSMEs in Labuan Bajo jointly with OJK
• +1 more outcomes

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature6 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Pemerintah Kabupaten Sumba Barat Daya (SBD)coreOthers · 11 June 2026Bank NTT officially launched Kartu Kredit Indonesia in Kabupaten Sumba Barat Daya (SBD) on June 11, 2026, at Hotel Ela, Kota Tambolaka. The event was attended by the Regent of SBD, Ratu Ngadu Bonnu Wulla, along with Bank NTT's Director of Credit. The product launch extends Bank NTT's credit card services to the Sumba region of NTT.
• Pemerintah Kabupaten Sumba TimurminorOthers · 9 June 2026Bank NTT through its Waingapu branch provided CSR funding of Rp208.5 million to the Government of Sumba Timur Regency for MSME ecosystem development in June 2026. This CSR contribution supports the local government's economic development programs and strengthens Bank NTT's presence in the Sumba region.
• Otoritas Jasa Keuangan (OJK) Provinsi NTTcoreOthersBank NTT and OJK Provinsi NTT jointly conduct financial literacy programs for MSMEs. In June 2026, they organized financial education for approximately 100 MSME actors in Labuan Bajo (Aula Kantor Bupati Manggarai Barat). This partnership supports Bank NTT's mission of financial inclusion in NTT while fulfilling OJK's regulatory mandate for consumer protection and financial literacy.
• Pemerintah Kabupaten Rote NdaocoreOthersBank NTT and Pemerintah Kabupaten Rote Ndao jointly launched a Dashboard Monitoring Rekening Pemda and Aplikasi E-Retribusi Parkir in June 2026 at Bank NTT Headquarters in Kupang. The ceremony was attended by the Regent of Rote Ndao, Paulus Henuk, and Bank NTT's Director of Information Technology and Operations. This partnership enables the local government to monitor regional accounts digitally and collect parking retribution electronically.
• KUB Bank Jawa Timur (Bank Jatim)coreStrategic or Co-development PartnerBank NTT participates in KUB (Kelompok Usaha Bank) with Bank Jawa Timur (Bank Jatim) for shared services and digital transformation. Governor Emanuel Laka Lena attended the Annual Work Meeting (Raker Tahunan) of KUB Bank Jatim in May 2026. The KUB arrangement enables shared technology infrastructure, digital banking services, and operational synergies between the regional banks.
• Lembaga Penjamin Simpanan (LPS)coreOthersBank NTT is a participant of Lembaga Penjamin Simpanan (LPS), Indonesia's Deposit Insurance Corporation, which provides deposit insurance protection for bank's depositors as part of the financial system safety net.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Bank Mega: Bank Mega is an Indonesian private commercial bank offering retail deposits, consumer credit, and digital banking (M-Smile). Comparable as a mid-sized commercial bank competing with Bank NTT for consumer and SME banking customers across Indonesia.
• Bank Central Asia (BCA): BCA is Indonesia's largest private commercial bank, dominant in retail transaction banking and digital channels. Competes with Bank NTT for consumer deposits, payments, and SME banking, particularly as BCA's digital reach extends into secondary Indonesian provinces.
• Bank BRI (Bank Rakyat Indonesia): BRI is Indonesia's largest MSME-focused bank with a massive branch and agent network (BRILink) reaching deep into rural Indonesia including NTT. Comparable to Bank NTT in micro/SME lending strategy and financial-inclusion mandate, but at vastly greater national scale.
• Bank Mandiri: Bank Mandiri is one of Indonesia's largest state-owned commercial banks with full retail, commercial, and government banking services. Competes with Bank NTT for corporate and government-banking relationships across Indonesia, including NTT.

Direct peers

• Bank SulutGo: Bank SulutGo is the regional development bank for North Sulawesi and Gorontalo provinces. Like Bank NTT, it is a provincial BPD with deposit, lending, and digital channels, focused on MSME and government banking in its territory — directly comparable in mandate and product mix.
• Bank Jatim (Bank Jawa Timur): Bank Jatim is another Indonesian Regional Development Bank (BPD) with a similar deposit-taking, lending, and digital banking model. It is Bank NTT's KUB partner, making it the most direct operational and structural comparable — same regulatory class, same business model, same BPD mandate.
• Bank BPD Bali: Bank BPD Bali is the regional development bank of Bali province, structurally identical to Bank NTT — government-owned BPD serving a single Indonesian province with retail deposits, MSME lending, and government banking. Comparable in scale, product mix, and customer segments.
• Bank NTB Syariah: Bank NTB Syariah is the regional bank of West Nusa Tenggara (NTB), Bank NTT's geographic neighbor. Operates as a province-level sharia bank with similar government ownership, MSME focus, and product set, making it a closely comparable regional peer.

Emerging players

• Bank Jago: Bank Jago is an Indonesian digital-first bank (backed by GoTo/Grab ecosystem) focused on embedded finance and superior mobile UX. Represents the emerging competitive threat to traditional banks like Bank NTT as customer expectations shift toward app-led banking.
• Jenius (Bank Sinarmas / SMBC Indonesia): Jenius is a digital banking service from Bank Sinarmas (now SMBC Indonesia) targeting younger, mobile-native customers with savings, payments, and investment features. Comparable as a digital banking alternative competing for the same consumer deposit and transaction wallet.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UChRv95hHSTY5LyzmvlQ3HNw/videos?view=0&sort=da
• Facebookm.facebook.com/profile.php?id=100015286746632
• Instagraminstagram.com/bank_ntt/?hl=en
• Xx.com/bank_ntt

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bank NTT