BTN Has Disbursed 6 Million Subsidised Homes – Targeting the Unbanked

Jakarta, CNBC Indonesia - PT Bank Tabungan Negara (Persero) Tbk. (BBTN), which focuses on housing finance, has disbursed mortgage credit (KPR) amounting to 6 million for the decile 3 group. For information, decile 3 is the category of people ranked 21% to 30% of the national welfare scale. In government aid programs, decile 3 is classified as the near-poor group. ‘If the decile 3 subsidised KPR at BTN is 6 million homes from the start of the program,’ said the President Director of Bank Tabungan Negara, Nixon LP Napitupulu at the Jogja Financial Festival in Yogyakarta on Saturday (23 May 2026). Nixon revealed that in distributing housing credit, there are two main strategies: through the subsidised KPR programme, and through the self-help housing construction assistance for the lowest-income households. He said the subsidised KPR programme is designed for households with an upper income limit to ensure targeting to MBR. Meanwhile for those in deciles 1 and 2 who are deemed unable to access banking credit, the government provides Bantuan Stimulan Perumahan Swadaya (BSPS).

‘The KPR is of course helped by the government. The government has created a subsidised KPR programme with a maximum income cap. The aim is to target low-income households because many are unbanked. If there are 10 deciles, then the hardest-to-reach would be deciles 1-2, while deciles 3-8 are intervened by KPR,’ he explained. Under this programme, the government provides assistance of around Rp20 million to Rp25 million per household. This year, BSPS is said to target around 400,000 households across Indonesia. ‘For deciles 1-2, the government has issued BSPS as a boost to self-help housing construction, so the government provides Rp20-25 million per household. This year there are 400,000 per household,’ he added. Nixon added that the government is currently reviewing a KPR tenor scheme of up to 40 years. The move is expected to widen access for low-income households to housing financing. ‘Today the government is examining KPR up to 40 years; hopefully deciles 1-2 can benefit. This is a penetration approach for MBR,’ he said. In addition to housing finance, BTN also relies on digitisation to reach communities without access to bank financing. Nixon noted that mobile phone penetration in Indonesia is currently much higher than bank account ownership. He cited that BTN has disbursed around 6 million KPR over more than 70 years. Yet in less than three years, BTN’s mobile banking users have reached about 5 million accounts. ‘We are building digitalisation for banking. Mobile penetration is higher than account penetration. BTN had around 6 million KPR over 70+ years; in less than three years, mobile banking accounts reached 5 million. In my view, the number of KPR is being overtaken by mobile users,’ he said. ‘Penetration rate now is easier because mobile can be accessed from home. This is how we reach the unbanked,’ he concluded. (dce) Video CNBC included as a source on Google