Bank BSN holds mass subsidized mortgage agreement for online drivers, shopkeepers

PT Bank Syariah Nasional (Bank BSN) has facilitated a mass subsidized mortgage agreement ceremony for around 5,100 customers, representing a total financing of Rp850 billion. This significant program extends housing finance opportunities to a wide array of individuals, notably including informal sector workers such as online motorcycle taxi drivers and small grocery store owners.

The mass agreement event took place simultaneously across 37 Bank BSN branch offices and 82 auxiliary branch offices in various regions. This initiative is part of a larger national launch involving 62,000 subsidized housing mortgage units and housing program credits, attended by President Prabowo Subianto and other government officials.

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The implementation of this agreement is a very big momentum. That number is not just a number of housing units, but it illustrates Indonesian families who get the opportunity to build a safer, decent, and prosperous life.

Bank BSN's President Director, Alex Sofjan Noor, emphasized that the mass agreement ceremony is a major step towards broadening access to sharia-based housing financing for people from all professional backgrounds. He stated that the number of units signifies more than just houses; it represents Indonesian families gaining the opportunity for a safer, more decent, and prosperous life.

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Our two customers, Mr. Jofan Firdaus and Ms. Tsara Nafisa, provide real proof that the opportunity to own a home must be open to various professions. Both online motorcycle taxi drivers and grocery store owners have the same hope and opportunity to obtain decent housing through BSN facilities.

Among the recipients were Jofan Firdaus, an online motorcycle taxi driver, who symbolically received his house key, and Tsara Nafisa, a grocery store owner from Banda Aceh, who engaged in an online dialogue with the President as a representative of subsidized mortgage recipients. Their participation highlights the program's commitment to inclusivity, ensuring that opportunities for homeownership are accessible to various professions, including those in the informal sector and micro-businesses.

As of July 2026, Bank BSN has disbursed approximately 33,000 subsidized mortgage units and aims to reach 69,636 units by the end of the year, an increase from the 59,463 units realized in 2025. This performance positions Bank BSN with about a 24 percent market share in national subsidized mortgage distribution, supported by collaborations with over 4,000 housing developers and 3,000 notaries across Indonesia.

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Currently, BSN holds a market share of about 24 percent in the distribution of subsidized mortgages. This trust is a mandate for us to continue expanding access to housing finance, improving service quality, and ensuring the homeownership process is increasingly accessible to the public.