"Saksikan tayangan kami Official Youtube IDX Channel di Program 1st Session Closing, Rabu (15/01/2025) dengan Tema Program 3 Juta Rumah dan Peran Sektor Jasa Keuangan Indonesia".
Category
📺
TVTranscript
00:00We'll be back with us in IDX First Session Closing.
00:08In order to realize the program of 3 million houses per year,
00:12the Financial Services Authority has issued a number of policy exemptions
00:15for the financing of the housing sector.
00:17The policy exemptions include
00:19including the quality of the house owner's credit,
00:21the weight of the credit risk,
00:23as well as the cancellation of the land management credit.
00:31The Financial Services Authority has issued a number of policy exemptions
00:34for the financing of the housing sector
00:36in order to realize the program of 3 million houses per year
00:39initiated by the government of President Prabowo Subianto.
00:43The Chairperson of the OJK Commission, Mahendra Siregar, said
00:46at least there are three policies implemented by the OJK
00:49to support the program.
00:52The first policy, the OJK stated that the quality of the house owner's credit
00:55can be assessed only with one pillar,
00:57namely the accuracy of the payment.
00:59This policy is in accordance with the OJK's rules
01:01on the assessment of the quality of public bank assets.
01:05The second policy, namely the KPR,
01:07can be imposed a low risk weight
01:09and placed in a granular way
01:11in the calculation of the weighted assets according to the risk for the credit risk.
01:16There is also a third policy on the financing of housing development,
01:20where the OJK provides support through the exemption
01:22of the granting of land management credit.
01:26The OJK provides support to the government program
01:31for the development and provision of housing for the community,
01:37especially for low-income communities,
01:41which provides an opportunity for the general public to own a house.
01:46However, at the same time, this program will move
01:51and increase growth in the housing and construction sector,
01:56which is also very important for economic growth.
02:03The OJK insisted that these various policies are support
02:06for the housing provision program for the community,
02:08especially for low-income communities.
02:12The OJK has prepared a complaint channel
02:14to accommodate people's complaints and questions
02:16about the KPR application process for low-income communities.
02:22The IDX Channel coverage team.
02:30According to the Financial Services Authority,
02:31it provides full support to the government program
02:34to provide three million rupiahs
02:36for low-income communities or low-income communities.
02:40OJK Commissioner General Mahendra Siregar stated
02:43that the Financial Services Agency has been given the opportunity
02:46to support housing financing
02:48without making rigid restrictions.
02:50The OJK stated that there is no provision
02:52that prohibits the giving of house loans to debtors
02:55who have unlawful credit records
02:57in the financial information service system or SLIC.
03:01The OJK stated that the use of SLIC
03:03in the process of giving credit or housing financing
03:06is one of the information that can be used
03:09in the analysis of the eligibility of debtors
03:11and is not the only factor
03:13in giving credit or financing.
03:16This is shown in practice
03:18by the Financial Services Agency
03:20where per November 2024,
03:222.35 million new credit accounts were given
03:26by the Financial Services Agency to debtors
03:29who previously had unlawful credit
03:31from all SLIC reports.
03:33Meanwhile, in supporting the housing sector,
03:35the OJK implemented a policy to assess
03:37the quality of assets that are more flexible.
03:39For credit up to five billion rupiahs,
03:41banks only need to use one pillar,
03:44namely payment accuracy,
03:46without having to evaluate business prospects
03:48and also the performance of debtors.
03:51Next, I would like to discuss the support
03:53of the Financial Services Agency
03:55for the Three Million Houses Program
03:57which of course involves the banking industry.
03:59However, at the same time,
04:01is the liquidity of the national banking industry
04:04adequate to support or be involved
04:06in the Three Million Houses Program
04:08that is proposed by the government of Prabowo Subianto at the moment?
04:11And to find out the current liquidity conditions,
04:14let's take a look at the complete information.
04:21The Financial Services Agency considers
04:23that the liquidity of banks is still adequate
04:25to anticipate an increase in the distribution of credit
04:27as the Three Million Houses Program is implemented,
04:29which is proposed by the government of President Prabowo Subianto.
04:33The Executive Head of the OJK Banking Supervisory Board,
04:35Dian Edyanaray, announced in November 2024
04:38that the ratio of liquid assets to non-core deposits
04:40is 112.94%,
04:42higher than October at 113.64%.
04:47In addition, the ratio of liquid assets to third-party funds
04:49per November is 25.57%,
04:52while the liquidity coverage ratio is 213.07%.
04:57The liquidity of banks
04:59up to the November 2024 position
05:02was actually still very ample
05:05with the condition that the ILNCD was maybe 112.94%,
05:10then the ILDPK was also around 25.57%,
05:14and the liquidity coverage ratio was 213.07%.
05:21Even though the LDR was 87.34%,
05:24it was still considered adequate
05:26to anticipate an increase in the distribution of credit
05:29to support the Three Million Houses Program.
05:32Banks are always asked to continue to fulfill their risk management
05:35of course, in the risk management activities
05:38when participating in government programs.
05:42In addition, the OJK stated that the loan-to-deposit ratio condition
05:46was recorded at 87.34%,
05:49and was still considered adequate
05:51to anticipate an increase in the distribution of credit
05:53to support the Three Million Houses Program.
05:56There are also banks themselves who are always asked
05:58to continue to fulfill their risk management
06:00of lending operations activities
06:02so that the condition of bank liquidity remains maintained.
06:05The coverage team of IDX Channel.
06:14Yes, still about the involvement of the Indonesian financial services sector
06:17in the Three Million Houses Program
06:19which has been stated by the OJK
06:21to then support this program.
06:23From the side of the bank itself,
06:25the Executive Director of the Banking Supervisory Board
06:27of the Financial Services Authority,
06:28Dian Ediana Ray,
06:29stated that the distribution of credit
06:31to the home ownership or KPR by the banking industry
06:33still shows a growth trend
06:36and is projected to continue to grow positively in the future.
06:41The OJK itself always encourages banks
06:43to remain optimal in their role
06:45as one of the national development agents
06:47included in the Three Million Houses Program.
06:49The OJK stated that the Three Million Houses Program
06:53has a certain market target,
06:55which is low-income communities
06:57with a maximum income of up to 8 million rupiah per month
07:00to pay for KPR, households, and facilities
07:03within a period of up to 20 years.
07:06Banks can also pay face-to-face subsidies
07:09so that the loan-to-value ratio
07:11of MBR debitor candidates can increase.
07:14In supporting the Three Million Houses Program,
07:16the OJK also has a policy
07:18related to the calculation of ATMR credit weighting
07:21which is in line with the level of loan-to-value
07:23on the payment of credit.
07:25Meanwhile, from the investors themselves,
07:28one of them, PT Bank Tabungan Negara Persero TBK or BTN,
07:32has prepared a comprehensive strategy
07:34to support the implementation of the Three Million Houses Program
07:37led by President Prabowo Subianto.
07:40From the supply side, for example,
07:42BTN provides support by providing funding
07:45to several construction credit developers
07:48both for landed house or high-rise or vertical houses.
07:53On the demand side, BTN provides credit to consumers
07:56to buy houses, build houses on existing land,
07:59or renovate houses.
08:01In addition, BTN has also proposed
08:03a new subsidy financing scheme
08:05to household funds
08:07so that the subsidies provided
08:09can be more accurately targeted, efficient,
08:11and not burden the country's finances.
08:13In support of the massive Three Million Houses Program
08:16led by President Prabowo Subianto,
08:18other financial services sectors
08:20such as insurance
08:22are considered to have a role and opportunity
08:25in the government program.
08:27So, what is the role or opportunity
08:29for the insurance industry in the Three Million Houses Program?
08:32Here is the information.
08:37The Financial Services Authority
08:39opens opportunities for the insurance industry
08:41to support the Three Million Houses Program every year.
08:44The Executive Head of Insurance, Insurance,
08:46and OJK Pension Fund,
08:48Ogi Prasto Miono stated
08:50The involvement of insurance can be achieved
08:52through protection against debtors and creditors
08:54if the debtor is unable to continue
08:56the payment of house loans.
08:58OJK cited credit soul insurance
09:00can be integrated into the government program
09:02through a bundling package,
09:04meaning that the credit soul insurance premium
09:06becomes part of the subsidy of the Three Million Houses Project.
09:09While for public insurance,
09:11protection is provided for property
09:13against the risk of fire, flood, and earthquake.
09:17We can include this role
09:19from the insurance industry.
09:22However, the role that can be played
09:25is protection against
09:30consumers, debtors,
09:33and also creditors
09:37if the debtor
09:41is unable to continue
09:45the payment of house loans.
09:53OJK stated that it has discussed this scheme
09:55with the Indonesian Credit Soul Association
09:58and the Indonesian Public Insurance Association.
10:01The result?
10:02The consortium scheme was agreed
10:04as a mechanism for the protection of credit soul insurance
10:07and the protection of property.
10:09OJK hopes this step can support
10:11the continuation of the house loan project
10:12as well as provide financial security
10:14for the parties involved.
10:16A report by IDX Channel.
10:20Indeed, various financial services industries
10:22still have the opportunity
10:24to be more involved
10:26in the Three Million Houses Program.
10:28And according to the statement of the consortium
10:30of public insurance,
10:31as mentioned earlier,
10:33to support the Three Million Houses Program,
10:35Risk Management Practitioner
10:37and the public insurance writer community in Indonesia,
10:39Wahyudin Rahman,
10:40values the opportunity
10:41as a driving force
10:43for the growth of the insurance industry in Indonesia,
10:46especially in increasing the inclusion of insurance
10:48and the stability of development.
10:51Nevertheless, in its implementation later,
10:54he sees that there is potential
10:55that will be a challenge,
10:56namely regulation and legality,
10:58where according to him,
10:59coordination between various parties,
11:01including the government,
11:02property development,
11:03and also the insurance industry,
11:05can be a solution to the obstacle
11:07in implementing the regulations
11:09of the consortium
11:10and also the production of insurance products together.
11:13In addition, on the part of the business model,
11:16the preparation and collaboration of the business model
11:18of course takes time
11:20to agree on the technical implementation
11:22and risk sharing,
11:24as well as the consortium premium.
11:26OJK itself has stated
11:27that the insurance company
11:28that will join the consortium
11:31is a healthy insurance company.
11:34According to the observers,
11:35there are at least 5 ideal criteria.
11:37The first is a strong financial capacity
11:40where the insurance company
11:41must have enough solvability
11:43and liquidity
11:45to handle the high risk of this project.
11:48The second criteria is
11:50a high level of competence in the field,
11:52where the factors to be considered
11:54are experience and portfolio
11:56that cover the lines of property insurance business,
11:59credit soul, or shortage.
12:01The third criteria
12:03is a suitable digital infrastructure
12:05to support the efficiency of the process
12:07from underwriting, claims, and risk management.
12:10Meanwhile, the fourth criteria is reputation,
12:13especially a good track record
12:14in terms of regulatory compliance,
12:16customer service,
12:17and operational stability.
12:19And finally, the ability to collaborate,
12:21where the insurance company
12:22must have a commitment
12:24to the purpose of the consortium
12:25and be able to adapt
12:27with the dynamics of large projects
12:29such as the construction project
12:31of 3 million homes per year
12:32initiated by the government of Prabowo Subianto.
12:35And we hope that the support
12:37provided by the Financial Services Authority
12:39which is then directed
12:41to various financial services institutions
12:42can make it easier,
12:44especially for low-income communities
12:46or SMEs,
12:47to have a suitable union
12:49and also be able to meet the target
12:51that has been set by the government
12:53to then provide a union
12:55of 3 million homes per year.
12:58And we hope that the implementation on the ground
13:00can also be done optimally
13:02and can also be done
13:04as best as possible,
13:05once again,
13:06for the sake of the Indonesian people.
13:08And if we have enough information in this segment,
13:10make sure you are still with us
13:11in IDX First Session Closing.