SMF Disburses Rp20.88 Trillion for National Housing in 2025

SMF disbursed Rp20.88 trillion to housing finance channels in 2025, up from Rp17.01 trillion in 2024, underscoring its role as a liquidity provider in Indonesia’s national housing financing ecosystem. To support this disbursement, SMF secured Rp10.6 trillion in funding. Ananta said the achievement was strengthened by the confidence of international and domestic rating agencies, with BBB from S&P Global, id(AAA) from Pefindo, and AAA(idn) from Fitch Ratings. “The ratings reflect SMF’s willingness and ability to meet financial obligations on time, while also showing strong government support for SMF’s role as a fiscal instrument in the housing finance sector,” Ananta said at a press conference in Jakarta, on Wednesday, 4 March 2026. Funding comes from the State Capital Participation (PMN), which is optimized through blended financing via debt issuance. In 2025, SMF also carried out strategic steps, including new financing products such as Griya Nusantara and Griya Tunas (microfinance). Through the Griya Tunas programme, SMF, together with financial institutions, has channelled micro-housing credit for 52,142 homes, exceeding the government’s target of 50,000 homes. SMF Business Director Heliantopo said the scheme provides access to financing for people with irregular incomes and workers in the informal sector. “With this scheme, households can renovate or improve homes to be more habitable, while also supporting productive activities as places of business. It also opens access to affordable financing,” Heliantopo added. In terms of financial performance, total assets stood at Rp66.814 trillion, up 15 per cent year on year. Net profit rose to Rp565 billion, up 5 per cent from December 2024. “This achievement demonstrates the company’s commitment to transparency, accountability, and prudent risk management amid economic dynamics,” he concluded.