BRI, BP Tapera collaborate to provide low-cost home financing

State-owned Bank Rakyat Indonesia and public housing savings agency BP Tapera are collaborating to strengthen financing for cheap housing so that people can purchase affordable and livable homes across Indonesia, an official has said.

“BRI cooperates with BP Tapera in data bank management that links information between developers’ supply and demand from the Housing Financing Liquidity Facilities (FLPP) applicants,” BRI’s institutional and state-owned enterprises director, Agus Noorsanto, informed in a statement received here on Saturday.

As of the end of August 2021, BRI has financed subsidized housing loans for more than 19,298 customers, he said.

The financing was conducted by BRI to continue to support government programs so that people can access cheap, decent, safe, and comfortable home financing, he added

Source: ANTARA News