BTN Becomes Largest FLPP Subsidised Mortgage Distributor in Early 2026

Jakarta, VIVA – PT Bank Tabungan Negara (Persero) Tbk (BTN) recorded the highest distribution of FLPP Subsidised Mortgages (KPR Sejahtera) at 4,160 units during the early period of 2026, surpassing other state-owned banks in the Himbara group.

The Public Housing Savings Management Agency (BP Tapera) released the FLPP Subsidised Mortgage distribution figures for the period of 1–31 January 2026. Nationally, distribution reached 7,312 units with a financing value of Rp912.4 billion.

Following BTN, Bank Syariah Nasional (BSN) recorded FLPP Subsidised Mortgage distribution of 861 units in January 2026, Bank Mandiri 699 units, BNI 616 units, and BRI 587 units.

Meanwhile, based on data obtained from BTN, the actual number of FLPP Subsidised Mortgages distributed by BTN was significantly higher, reaching 6,749 units by the end of January 2026. This is because several FLPP Subsidised Mortgages already contracted by BTN were still in the process of being invoiced to BP Tapera.

BTN President Director Nixon LP Napitupulu said this early-year performance continues the bank’s consistency throughout 2025, during which the company successfully distributed 192,208 units of FLPP Subsidised Mortgages. This track record strengthens BTN’s position as the bank with the most extensive experience and network in public housing finance.

“BTN’s dominance in January 2026 demonstrates the readiness of the systems, networks, and partnerships we have built consistently. We are committed to continuing to expand access to housing finance for low-income communities as part of BTN’s role as a strategic government partner,” said Nixon in a statement on Monday, 16 February 2026.

He added that in 2026, the government has set a national FLPP quota of 350,000 units, with BTN receiving an allocation of 172,000 units.

“BTN is ready to optimise the allocated quota by strengthening collaboration with the government, BP Tapera, and developer partners across various regions. Digital transformation and optimisation of our distribution network will continue to be driven so that the financing process becomes faster, more transparent, and better targeted,” Nixon continued.

With consistent performance from 2025 through early 2026, BTN has affirmed its position as the government’s strategic partner in public housing finance and as the banking institution with the largest capacity to support equitable access to decent and affordable housing across Indonesia.