BBTN - KUR BTN reaches IDR2.72 tn by Mar ‘26

BBTN - KUR BTN reaches IDR2.72 tn by Mar ‘26 Bank Tabungan Negara (BBTN) recorded the disbursement of People's Business Credit (KUR) reaching IDR2.72 tn by Mar ‘26. Based on its composition, the distribution of BTN's KUR is dominated by small KUR amounting to IDR2.04 tn or around 75%, while micro KUR reached IDR687 bn or 25%. From the sector perspective, the largest distribution flows into wholesale and retail trade with a share of 59.22%, followed by the accommodation and food and beverage sector at 12.36%, and construction at 10.08%. "BTN also recorded an improvement in debtor quality thru the KUR upgrade program, as of Mar ‘26, 4,719 debtors successfully scaled up their businesses, either by transitioning from micro KUR to small KUR or increasing their financing ceiling," said BTN President Director. The distribution of KUR is part of BTN's strategy to expand its business beyond the housing sector, in line with the transformation toward beyond mortgage. Nixon stated that this achievement reflects BTN's long-term contribution to building a sustainable national housing ecosystem. According to him, BTN not only provides financing but also offers integrated financial solutions for the community. BTN also introduces innovations thru bundling home loans with household needs, as well as expanding financial services across various phases of customers' lives, from savings, digital transactions, to financing and investments. (Source : Bisnis Indonesia)