Target 2018, BTN Disbursed 750,000 Housing Loans

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17/04/2018 19:13 WIB

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To support the One Million Houses program, BTN targeted the disbursement of 750,000 mortgage loans (KPR) throughout 2018.

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Distribution of BTN (Bank Tabungan Negara) Mortgage Loans (2017-2018E)

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In support of the One Million Houses Program, PT Bank Tabungan Negara (BTN) (BTN) targeted the disbursement of 750,000 Housing Ownership Loans (KPR) units throughout 2018. This figure comprises 536,868 subsidized housing units and 213,132 non-subsidized housing units. This year's target represents a 12.39% increase compared to the previous year's realization.

In 2017, BTN successfully disbursed 667,312 KPR units valued at Rp 71.54 trillion, exceeding the target of 666,000 units. This realization consisted of 481,329 subsidized housing units valued at Rp 34.16 trillion and 185,983 non-subsidized housing units valued at Rp 37.38 trillion.

Total housing credit disbursed by BTN throughout last year reached Rp 179.23 trillion. This figure comprises Rp 75.28 trillion in subsidized housing credit and Rp 69.3 trillion in non-subsidized housing credit. Furthermore, other housing credits amounted to Rp 8.56 trillion, and other construction credits totaled Rp 26.08 trillion.

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."