Supporting The 3 Million Houses Program, Bank Mandiri Boosts FLPP Distribution In West Java

BANDUNG - PT Bank Mandiri (Persero) Tbk (BMRI) has distributed subsidized housing financing through the Housing Financing Liquidity Facility (FLPP) scheme in the West Java region until the third quarter of 2025 amounting to Rp163 billion.

CEO of Bank Mandiri Region VI/West Java Nila Mayta Dwi Rihandjani said that the 3 million home program was one of the government's priorities in obtaining the largest credit disbursement from Bank Mandiri in West Java.

"The growth of our home loan in West Java has increased significantly. We are very fast in the 3 million homes program through the FLPP program and programs from the side of entrepreneurs engaged in the construction of houses," he said in Bank Mandiri Media Gathering 2025, Monday, December 8.

Nila added that credit support includes financing in terms of providing housing (supply) and in terms of demand (demand).

He explained that for financing developers, Bank Mandiri has disbursed loans to two debtors with a debit balance of IDR 6 billion.

Meanwhile, Nila conveyed that for the financing of KPR subsidized houses for the community, the realization had reached Rp163 billion for 1,049 debtors.

In addition, he said Bank Mandiri is also processing the distribution of Labor Intensive Industry Loans (KIPK), a government financing program under the Ministry of Industry aimed at encouraging the growth of the labor-intensive industry sector.

Nila revealed that her party had received a request for support from the Ministry of State Secretariat (Kemensetneg) regarding KIPK financing, with a potential distribution of up to around Rp. 17 trillion.

"Yesterday I was also called by Mr. State Secretariat, that there is another new program, called KIPK, Labor Intensive Industrial Credit. It is also a subsidy program whose potential is very large in West Java as well. The division chairman said there is a potential of around Rp. 17 trillion to be financed," he explained.

Adapun program KIPK direncanakan mulai terkoneksi secara host-to-host antara sistem Bank Mandiri dan Sistem Informasi Kredit Program (SIKP) Kementerian Keuangan pada pekan ketiga Desember 2025.

The KIPK program is planned to start connecting host-to-host between the Bank Mandiri system and the Ministry of Finance's Credit Information System (SIKP) in the third week of December 2025.