SHUZOU, CHINA - BTN introduced a subsidized Home Ownership Credit (KPR) in Indonesia at the United Nations Environment Program-Finance Initiative (UNEP-FI) Regional Roundtable on Sustainable Finance Asia Pacific which was held at Shuzou, China on Thursday, June 19.
BTN's participation in the world forum reinforces its strategic role in supporting the transition to a green economy.
Director of Risk Management BTN, Setiyo Wibowo said that BTN is a very unique bank in Indonesia. The reason is, BTN does not only carry an important mission to meet affordable housing needs in accordance with President Prabowo Subianto's National Housing program, but also continues to provide continuous returns.
In fact, of the approximately 70 percent of consumer credit at BTN, 90 percent are mortgage loans accessed by low-income people.
"The BTN Subsidy KPR in Indonesia is not only a solution to the challenge of decent and affordable housing ownership for low-income people. For BTN, KPR Subsidies are also one of the motors driving the business. This proves that social value and profitability can go hand in hand," said Director of Risk Management Setiyo Wibowo in a written statement received by VOI editors, Friday, June 20.
The KPR Subsidy distributed by BTN has a very real social impact. Among other things, these products are a means of financial inclusion for low-income families.
BTN continues to optimize portfolios so that they not only generate profits, but also strengthen social contributions and minimize climate risks, with an affordable low-emission housing financing program for the community.
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