BTN Disburses Majority of Government Funds to Housing Sector

Significant Disbursement of Government Allocation

PT Bank Tabungan Negara (Persero) Tbk. (BBTN) has successfully disbursed Rp23.28 trillion of government funds as of October 2025. This amount represents 93% of the total Rp25 trillion Saldo Anggaran Lebih (SAL) placed with the bank. The disbursement has been primarily directed towards the housing sector, benefiting both developers and individual homebuyers through Kredit Pemilikan Rumah (KPR).

Strategic Allocation and Sectoral Impact

BTN's CEO, Nixon LP Napitupulu, highlighted that the corporate debtors of BTN are predominantly from the housing sector, including developers, property companies, and contractors. Additionally, other related sectors such as healthcare, education, trade, manufacturing, and government institutions have also received funding. The bank's efforts to foster partnerships with various stakeholders have contributed to the growth in the corporate segment, supporting the development of Indonesia's housing ecosystem.

Accelerated Disbursement Timeline

Nixon expressed confidence that the remaining funds will be fully disbursed before mid-November 2025, ahead of the Ministry of Finance's original schedule of December 2025. This acceleration underscores BTN's operational efficiency and commitment to implementing government initiatives.

Context: Government Fund Placement

The placement of government funds in BTN and other state-owned banks is part of a larger initiative by the Ministry of Finance to maintain liquidity and stimulate economic growth. In September 2025, Finance Minister Purbaya Yudhi Sadewa announced the transfer of Rp200 trillion from Bank Indonesia to five state-owned banks: BRI, BNI, Mandiri, BTN, and BSI. BTN received Rp25 trillion from this allocation, which is being utilized to support various economic sectors, with a significant focus on housing and related industries.