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)
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.

News Comment

Today's Industry

Oil Palm (agroindonesia)

Senin, 16 Juli 2018 - 21:41 WIB

Sign MoU, RI-India Palm Oil Industry Agreed on Sustainable Development

Monday (16/7/2018) has signed Memorandum of Understanding (MoU) between Indonesian Palm Oil Board (DMSI), India Solvent Extractors Association (SEA), and Solidaridad Network Asia Limited (SNAL)…

Irfan Bachdim officially become Brand Ambassador Super Moto Car (Photo: Ridwan / Industry.co.id)

Senin, 16 Juli 2018 - 21:39 WIB

Mobil Lubricants Launches Latest Product For Two Wheel Vehicles

Mobil Lubricants launches the latest high-performance oil products for two-wheeled vehicles, Super Moto Cars formulated using the latest oil technology that uses a unique blend of high-quality…

Illustration of Export (ist)

Senin, 16 Juli 2018 - 21:38 WIB

Indef Estimates Trade Balance June 2018 Surplus Up to US $ 600 Million

Institute for Development of Economics and Finance (Indef) estimates the trade balance in June 2018 to surplus US $ 400 million - US $ 600 million Surplus is expected to occur due to long holiday…

Wika Beton

Senin, 16 Juli 2018 - 21:36 WIB

Until June 2018, Wika Beton Records Total Contracts Reach Rp8, 45 Trillion

PT Wika Beton Tbk recorded total contracts to be handled (carry over) in the first six months of this year has reached Rp8, 45 trillion.

Airbus A320-200 AirAsia Indonesia Berlogo Wonderful Indonesia and with Indonesia Tourism Destination Pattern (Photo: Chodijah Febriyani / Industry.co.id)

Senin, 16 Juli 2018 - 21:34 WIB

Air Asia Purchases Airbus Plane Rp 330.7 Trillion

Airbus SE is reportedly approaching an aircraft sales agreement worth US $ 23 billion or equivalent to Rp 330.74 trillion to AirAsia Group. The Malaysian airline has been the second largest…