BTN commits to supporting Prabowo's Three Million Homes Program
Palu, C Sulawesi, Sept. 27 -- PT Bank Tabungan Negara Tbk (BTN) is committed to helping complete President Prabowo Subianto's Three Million Homes Program, expanding support beyond subsidized mortgages to small businesses.
BTN Commercial Banking Director Hermita said the program targets two housing-loan schemes: the Housing Financing Liquidity Facility (FLPP) and the Housing Program Credit (KPP).
"Previously, we focused only on FLPP. Now, there is KPP," Hermita said in Palu, Central Sulawesi, on Sunday.
FLPP is a government-backed housing financing facility for low-income households, with interest subsidies making mortgage payments more affordable and fixed until the loans are fully repaid.
KPP, meanwhile, offers preferential interest ...
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