State Banks Lead Indonesia's Subsidized Housing Mortgage Distribution

Government Housing Program Momentum

Indonesian state-owned banks are playing a crucial role in the government's ambitious housing initiatives. PT Bank Negara Indonesia (Persero) Tbk (BNI) has reaffirmed its commitment to supporting the national housing agenda through the distribution of Fasilitas Likuiditas Pembiayaan Perumahan (FLPP) mortgages ¹

. The bank's participation in the mass FLPP mortgage agreement ceremony for 50,030 housing units in 2025 demonstrates its dedication to making housing more accessible to low-income earners.

BTN Dominates FLPP Mortgage Distribution

PT Bank Tabungan Negara (Persero) Tbk (BTN) continues to lead the nation's FLPP mortgage distribution. As of December 22, 2025, BTN has successfully disbursed 128,608 subsidized housing units, accounting for 46.7% of the national total of 270,985 units ²

. This performance solidifies BTN's position as the largest FLPP mortgage provider among the 39 participating banks.

Market Impact and Future Prospects

The strong performance of these state-owned banks in the FLPP mortgage market is expected to have a positive impact on the government's 3 Million Homes Program. BNI's commitment to distributing 17,356 FLPP mortgages in 2026 further underscores the banking sector's support for this initiative ¹

. The government's focus on affordable housing, coupled with the banks' proactive approach, is likely to drive growth in the mortgage market.