Bank BTN Bali Recorded Decline in Troubled Credit to 2.1 Percent
By : Hariyanto And Aldo Bella Putra | Sunday, December 31 2017 - 20:00 IWST
Bank BTN (ist)
INDUSTRY.co.id - Denpasar, Bali, recorded a decrease of nonperforming loans (NPL) for home ownership credit in the local area in 2017 to 2.1% compared to the same period the previous year reached 2.7%.
Head of Bank BTN Branch Denpasar Agung Komang Tri Martha W explained NPL can be suppressed because it applies the principle of prudence by doing analysis according to the rules to prospective mortgage borrowers.
"Based on government regulations such as salary, home land, house specifications and others we follow first, the selection was, as long as it qualifies, we give credit," said Agung in Denpasar, Saturday (30/12/2017).
He revealed, during 2017, BTN Bali has realized mortgages amounting to Rp700 billion for subsidized or non-subsidized homes with almost the same amount of realizations compared to the previous year.
For non-subsidized houses, most of the loans disbursed an average of Rp300 million per debtor with an average house price of Rp500 million.
As for the house subsidy with the scheme of FLPP housing financing facility, during the year 2017 it has financed 1,500 housing units, jumped compared to 2015 reached 66 housing units.
Total realization of mortgage loans for home subsidies, he added, this year exceeded the target reached Rp90 billion. Subsidized KPR absorption mostly is in Buleleng Regency and the rest in Jembrana and Karangasem.
Agung is optimistic that housing growth in Bali will be higher considering the need for shelter is still sought, let alone the number of people who do not have a nationwide home of about 13 million. "As long as the land is sufficient and demand is high, the housing sector will continue to grow," he said.