PT Bank Tabungan Negara (Persero) Tbk (BTN) continues to demonstrate\nimpressive performance, recording a 22.6% year-on-year (yoy) growth in\nnet profit for the first quarter of 2026, in line with business\ntransformation, service innovations, and strong government support for\nthe national housing finance sector.<\/p>\n
In line with this achievement, BTN has reaffirmed its commitment to\nrealising the dream homes of the public through the disbursement of Home\nOwnership Credits (KPR), which have reached 6 million units since 1976\nup to early April 2026, with a total value of Rp530 trillion. BTN\nPresident Director Nixon LP Napitupulu stated that this achievement\nreflects the government\u2019s real support for the community, particularly\nthe lower and middle classes.<\/p>\n
\u201cOf these 6 million homes, if each is occupied by four people, then\naround 24 million people can now enjoy decent housing. We thank the\ngovernment for making the housing sector a national priority. This not\nonly strengthens BTN\u2019s business performance sustainably and in\naccordance with GCG principles, but also encourages us to continue being\na strategic partner of the government in meeting the community\u2019s housing\nneeds,\u201d said Nixon.<\/p>\n
He added that the housing sector has a significant multiplier effect\non the national economy. In addition to being labour-intensive, the\nsector is supported by up to 90% local raw materials and contributes to\nstate revenue through taxes. \u201cThis sector is capable of creating job\nopportunities for 12.5 million people, and every additional investment\nof Rp1 trillion can absorb up to 8,000 workers,\u201d he explained.<\/p>\n
In terms of performance, BTN recorded credit disbursements of\nRp400.63 trillion, up 10.3% yoy. Subsidised KPR credits reached Rp193.55\ntrillion (up 7.7% yoy), while non-subsidised KPR amounted to Rp112.56\ntrillion (growing 5.4% yoy). Third-party fund mobilisation (DPK) also\nincreased by 9.9% yoy to Rp422.63 trillion, with a CASA ratio of 50.2%\nor Rp212.11 trillion.<\/p>\n
Funding efficiency has also improved, with the cost of funds (CoF)\ndropping to 3.0% from the previous 4.0%. This condition supports BTN\u2019s\nasset growth of 10.5% yoy to Rp517.54 trillion. Overall, BTN\nsuccessfully booked a net profit of Rp1.1 trillion for the first quarter\nof 2026.<\/p>\n
\u201cThis positive performance is also supported by Danantara Indonesia\nand BP BUMN, which continue to encourage BTN to carry out its role as\nthe engine of national housing finance while providing optimal value for\nshareholders,\u201d added Nixon.<\/p>\n
On the digital side, the bale by BTN application recorded significant\nuser growth of 67.5% yoy to 4 million users. This increase was also\ndriven by various lifestyle activities, including the organisation of\nthe BTN Jakarta International Marathon (JAKIM) 2026, which contributed\nto a surge in transactions and adoption of digital services.<\/p>\n
BTN is optimistic about continuing to expand its service reach and\nincreasing the number of bale users to 5 million this year, in line with\nthe company\u2019s commitment to providing easy access to banking for the\nwider community.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/btn-realises-dream-homes-through-6-million-kprs-1776693056", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }