BTN Reveals Distribution Of Government Funds Reaches IDR 10.5 Trillion

JAKARTA PT Bank Tabungan Negara (Persero) Tbk (BTN) reported that until September 2025, the placement of state money (PUN) of IDR 25 trillion has been disbursed for loans amounting to IDR 10.5 trillion or around 42 percent.

President Director of BTN Nixon LP Napitupulu said that his party remains optimistic that Rp25 trillion in BTN will be completely absorbed, in line with the company's efforts to distribute credit to productive sectors, including public housing, which is the priority and expertise of the company.

Nixon added that the absorption of funds at BTN was still in its early stages in line with the gradual process of lending, in accordance with the scheduled credit pipeline.

BTN has prepared strong credit pipelines in various segments, ranging from corporations, commercial, MSMEs, consumers, to sharia. We can convey that the total available pipelines reach around Rp. 27.5 trillion, or greater than the PUN funds placed of Rp. 25 trillion. The pipeline is ready to get disbursement as scheduled," Nixon explained in his statement, Monday, September 13.

He explained that until September 2025, from the Rp25 trillion fund that the Ministry of Finance had placed in BTN, it had been disbursed for credit amounting to Rp10.5 trillion or around 42 percent.

However, the new reimbursed is only IDR 4.5 trillion.

"The rest will be billed this October," he said.

According to Nixon, with very strong liquidity support and declining funding costs, BTN is optimistic that all government placement funds of IDR 25 trillion will be 100 percent absorbed in November 2025.

He said the funds would be channeled to productive sectors, such as construction, real estate, trade, health, and public housing financing, which is the main focus of BTN.

With this large capacity, Nixon emphasized that BTN continues to apply the principle of prudence and strict risk management so that the quality of credit distributed is maintained.

According to him, BTN is also guided by the provisions and objectives of using government funds as determined by the Ministry of Finance.

He conveyed that all distributions were carried out carefully and in accordance with the provisions and objectives of using funds from the Ministry of Finance, so that in BTN capacity it was fully ready to absorb the funds placed by the government.

Nixon said that the relatively slow absorption in the early stages was due to the majority of BTN's special portfolios, namely financing to the housing sector, especially mortgages.

In principle, Nixon stated that the KPR has a more complex process than credit in general, from the verification stage to credit approval.

He added, with the majority of its credit portfolios aimed at individual retail segments or customers, the ceiling is automatically smaller than corporate credit for institutional customers whose ceilings are generally much larger, namely hundreds of billions to trillions of rupiah per debtor.

Sebelumnya, Menteri Keuangan Purbaya Yudhi Sadewa mengatakan, BTN tidak memiliki kemampuan untuk menyerap habis penempatan dana pemerintah sebesar Rp25 triliun.

Adapun hal itu berdasarkan data realisasi penyerapan yang dicatat oleh Kementerian Keuangan, yang menunjukkan hingga 30 September, BTN baru menyerap sekitar 19 persen dari total dana yang ditempatkan.

Previously, Minister of Finance Purbaya Yudhi Sadives said that BTN did not have the ability to absorb the placement of government funds of IDR 25 trillion.

This is based on absorption realization data recorded by the Ministry of Finance, which shows that until September 30, BTN has only absorbed about 19 percent of the total issued funds.