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JAKARTA - PT Bank Tabungan Negara (Persero) Tbk or BTN is ready to provide housing for millennial lecturers at Gadjah Mada University (UGM) Yogyakarta, as support for the welfare of people in the world of education.

"We are ready to work together, for example UGM has land and we build landed houses specifically for millennial lecturers. What kind of design do you want, where is the developer, we can provide including easy and cheap credit facilities," said Director of Distribution and Funding Bank BTN Jasmin in a statement quoted by Antara, Friday.

Jasmin explained that Bank BTN has various Home Ownership Credit (KPR) schemes that can be utilized by UGM millennial lecturers, including mortgage facilities for millennials with a credit period of up to 30 years and an advance of 1 percent.

Bank BTN, continued Jasmin, also has a Subsidy mortgage program with only 5 percent interest for lecturers with salaries below Rp. 8 million.

"This subsidized mortgage program from the government allows lecturers to own a house by disbursing only about one million rupiah per month," said Jasmin.

Not only providing housing, Jasmin said Bank BTN would also open opportunities for UGM students and lecturers to internships at the company.

The issuer with the stock code BBTN also offers opportunities for UGM alumni who excel to be recruited by Bank BTN. In addition, Bank BTN can also directly deploy its experts in the property sector to become guest lecturers at UGM.

On the same occasion, Bank BTN also distributed the Social & Environmental Responsibility (TJSL) program for UGM in the form of renovation of infrastructure facilities on the campus.

"We always try to provide the best service for our customers both on the business and social side," said Jasmin.

Meanwhile, UGM Chancellor Ova Emilia appreciated Bank BTN's support for UGM. "We are open to collaborating with Bank BTN," said Ova.

Deputy Chancellor for Research, Business Development and Cooperation of UGM Ignatius Susatyo Wijoyo said his party hopes that Bank BTN will participate in providing cheap credit for the welfare of UGM employees.

"With credit facilities from BTN, of course, it will support the welfare of UGM employees, especially lecturers. Of course we hope that cheap down payment and affordable schemes," said Ignatius.

In addition to distributing the TJSL program for UGM, Bank BTN also provides assistance to the Yogyakarta State University (UNY). The assistance provided is in the form of a scholarship program for university students.

Until now, Bank BTN has provided various banking services for universities in Yogyakarta. These services range from cash management, payroll, to lending through the BTN Solusi program.

As of June 2022, Bank BTN Yogyakarta Branch Office was recorded to have collected a total third party fund (DPK) of IDR 1.41 trillion, an increase of 4.03 percent from IDR 1.36 trillion in December 2021.

Of these total, the DPK of institutions collected was worth Rp. 344 billion in June 2022, an increase of 4.24 percent from Rp. 330 billion in December 2021.


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