Bank BTN Encourages Developers to Optimize Construction Loans

By : Wiyanto Dan Aldo Bella Putra | Tuesday, August 08 2017 - 17:44 IWST

5166
5166

INDUSTRY.co.id - Jakarta - The success of the achievement of the One Million House Program that the Government brings is not separated from the role of property developers. To spur the spirit of the developers to meet the needs of the house, as well as encouraging the pace of disbursement of KPR, PT Bank Tabungan Negara (Persero) Tbk. Optimize the distribution of construction credits to developers. The synergy between the Bank and the developer and the government institution is absolutely necessary to provide decent housing for the community.

To establish the synergy, Bank BTN held BTN Developer Gathering. BTN Developer Gathering theme is "Keep Growing Together" to motivate each other to improve the performance of each party.

"We realize that the realization of a million house program requires the participation of all parties, Bank BTN as initiator & integrator to build inter-institutional cooperation in increasing the supply of houses," said President Director of Bank BTN, Maryono when opening Developer Gathering event in Jakarta (8/8/2017).

In line with the target of increasing mortgage absorption, this year, Bank BTN set a target of construction credit disbursed to housing developers of Rp 25 trillion. This figure is higher than last year's achievement of Rp 21.9 trillion. As of June 2017, construction credits that have been disbursed by Bank BTN grew by 18.2% compared to the same period last year, or Rp 23.5 trillion. This figure is equivalent to 263,999 housing units. This achievement is in line with the target of Bank BTN disbursing mortgages for 666,000 housing units in 2017.

"The developers who become loyal partners of Bank BTN are expected to contribute more in achieving the target of KPR Bank BTN," said Maryono.

To motivate developers to utilize construction credits and encourage KPR disbursement, a number of strategies were developed by the BBTN-coded Bank, including increased market penetration and digital marketing. For the developers, Bank BTN provides land ownership credit with a number of privileges such as credit value is not limited but in accordance with the feasibility of land selling price, 70% of the total land purchase with a maximum land area of ​​20 Ha.

Bank BTN's partnership with developers is also conducted by holding various joint promotions such as the exhibition which is regularly held namely Indonesia Property Expo (IPEX) which will be held August 11 next. In addition, market penetration is also embodied in join marketing, for example by providing affordable interest subsidies for customers. "By doing promotional cooperation, ultimately the beneficiaries are consumers because the cost and interest becomes more affordable," said Maryono.

News Comment

Today's Industry

Grab (Ist)

Kamis, 11 Oktober 2018 - 12:36 WIB

Women Activists Criticize GRAB Indonesia on Victims Harassment Mediation

A number of women activists express their anger and regret at the GRAB Indonesia. The Malaysian applicator response to bring together between a driver partner who is allegedly harassed his passengers…

Panen Padi (Foto Dok Industry.co.id)

Senin, 08 Oktober 2018 - 03:30 WIB

Banten Lebak Farmers Harvest 55,622 Tons of Dry Grain

Lebak-Petani in Lebak Regency, Banten, during September 2018 harvests rice in an area of ​​9,347 hectares of paddy fields with a production of 55,622 tons of dried pungut (GKP) grain.

Bawang Merah (Ist)

Senin, 08 Oktober 2018 - 03:00 WIB

Kelompok Tani Sengingi Riau Panen Bawang Merah

Kuantan Singing - Beken Jaya Benai Farmer Group in Kuantan Singingi Regency, Riau Province harvesting shallots up to tens of tons managed on a quarter hectare of land, the results can improve…

Senin, 08 Oktober 2018 - 02:30 WIB

PT Pertamina Lubricants Wins Two TOP CSR 2018 Awards

Jakarta - PT Pertamina Lubricants managed to bring home two awards at the TOP CSR 2018 TOP CSR category on Lubricants Business, namely for the Corporate Social Responsibility (CSR) Enduro Student…

Listrik Ilustrasi

Senin, 08 Oktober 2018 - 02:00 WIB

Electrical System in Central Sulawesi is 75% Normal

Jakarta - Electricity, telecommunications, roads, airports and fuel supply (BBM) infrastructure have begun to recover in areas affected by the earthquake in Central Sulawesi. Assistance from…