Jakarta (ANTARA) - PT Sarana Multigembriya Finansial (Persero), known\nas SMF, has reported that the 2025 State Capital Injection (PMN)\namounting to Rp6.68 trillion has been fully distributed to support the\nHousing Finance Liquidity Facility (FLPP) programme for low-income\ncommunities (MBR).<\/p>\n
SMF President Director Ananta Wiyogo stated that the PMN received by\nthe company in 2025 is specifically allocated for the FLPP programme and\nis not intended for the company\u2019s commercial activities. \u201cThe PMN we\nreceived in 2025 is Rp6.68 trillion, and as of 31 December 2025, it has\nbeen fully distributed to the lending banks in need of these funds,\u201d\nAnanta said during a hearing with Commission XI of the Indonesian House\nof Representatives (DPR RI) in Jakarta on Monday.<\/p>\n
Ananta noted that SMF\u2019s funding requirement for the FLPP programme in\n2025 reached Rp8.03 trillion. Consequently, in addition to the PMN, the\ncompany raised Rp1.35 trillion through the issuance of debt securities\nto cover the funding gap.<\/p>\n
With the support of the PMN and additional funding, the 2025 FLPP\nprogramme is targeted to support the financing of approximately 194,612\nhousing units for low-income communities. He explained that from 2018 to\n2025, SMF has received PMN totalling Rp17.91 trillion and issued debt\nsecurities worth Rp16.64 trillion. Under this scheme, the total funds\nmobilised reached Rp34.37 trillion, which has resulted in the production\nof approximately 904,000 housing units.<\/p>\n
He added that the 2025 PMN funds have been distributed to 12 FLPP\nmortgage lending banks, with the largest portion received by PT Bank\nTabungan Negara (Persero) Tbk at Rp5.25 trillion, followed by Bank\nSyariah Nasional (BSN Syariah), Bank BJB, BJB Syariah, Bank Sumsel Babel\nSyariah, and Bank DKI.<\/p>\n
According to Ananta, the distribution of PMN through FLPP benefits\nthe public by expanding access to subsidised housing finance, while\nsimultaneously supporting the government\u2019s three-million-house\nconstruction programme. \u201cFor the government, it supports the\nthree-million-house programme and encourages the real sector through the\nmultiplier effect of house construction,\u201d he said.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/smf-allocates-rp6-68-trillion-in-2025-state-capital-injection-for-flpp-1780935150", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }