BTN Dominates Mass Mortgage Agreements for FLPP with 30,203 Debtors

PT Bank Tabungan Negara (Persero) Tbk, commonly known as BTN, has significantly led the execution of mass mortgage agreements for the Housing Finance Liquidity Facility (FLPP) scheme, successfully facilitating 30,203 debtors. This accomplishment marks BTN as the largest participant among all channeling banks in a nationwide event that collectively involved 62,710 debtors across numerous regions in Indonesia.

The large-scale event saw 200 participants attending in person and an additional 62,510 joining virtually. The agreements were conducted across at least 130 locations, spanning 372 regencies and cities in 36 provinces. BTN's Director Utama, Nixon L.P. Napitupulu, highlighted the crucial role of Danantara Indonesia in strengthening the national housing ecosystem's collaboration.

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The participation of 30,203 BTN debtors shows the high demand from the public for decent and affordable housing. We will continue to accelerate services, expand financing access, and maintain the quality of distribution so that more Indonesian families can own their first home.

Napitupulu stated that this synergy between the government, the Housing Savings Management Agency (BP Tapera), banks, developers, and industry players has broadened public access to home financing. He emphasized that BTN's leading role in this mass agreement is a testament to collective effort and the solidifying collaboration that makes home financing more accessible to the community.

"The participation of 30,203 BTN debtors shows the high demand from the public for decent and affordable housing," Napitupulu said. He affirmed BTN's commitment to accelerating services, expanding financing access, and maintaining the quality of subsidized mortgage distribution to help more Indonesian families secure their first homes.

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BTN's achievement as the largest distributor in this mass agreement is the result of joint work. Danantara Indonesia's support in strengthening the collaboration of the national housing ecosystem makes the synergy between the government, BP Tapera, banking, developers, and all industry players increasingly solid. This collaboration expands BTN's capacity to provide home financing that is more accessible to the public.