Development of CIMB Niaga KPR Targets
Rancakmedia.com - Development of CIMB Niaga's KPR target of over 6 % PT Bank CIMB Niaga Tbk is optimistic that the distribution of housing loans (KPR) this year will increase with developments above 6 %. In 2020, BNGA mortgage payments will reach 5.9 %, 2x the national banking.
Heintje F. Mogi, Head of indirect mortgage and auto business. CIMB Niaga explained that signs of an increase are visible in the first 2 months of 2021.
PT Bank CIMB Niaga Tbk is optimistic that the distribution of mortgages this year will increase with developments of more than 6 %. In 2020, BNGA mortgage payments will reach 5.9 %, 2x the national banking.
Heintje F. Mogi, head of mortgage and indirect car business at CIMB Niaga, said signs of improvement were seen in the first 2 months of 2021.
Last January, the distribution of mortgage loans reached Rp 700 billion. "If you look at last year, it was difficult to reach IDR 500 billion. I see the signs are getting better,” said Heintje in a virtual conference, Thursday (18 March 2021).
What about CIMB Niaga's KPR targets?
Heintje explained, the distribution was still controlled by houses with a price range of Rp. 700 million to Rp. 1 billion.
However, homes priced above 1 billion and exclusive real estate ranks are recovering. Several major developers such as Summarecon report that the marketing of middle class houses with a price range of Rs 1.5-2 billion is the most desired.
Likewise for exclusive properties above 2 billion. "Debt disbursement will increase until February 2021. I believe that even if there is an outbreak, we can adjust the type of marketing and survival. We can do it,” said Heintje.
Mortgage distribution is pushed up to a maximum of 100 % because there is an LTV / FTV concession issued by Bank Indonesia last month.
CIMB Niaga KPR target development of over 6 % years. The intention is that development with a higher share of sharia mortgages than in 2020 can pass 6 %. The percentage of sharia mortgages from CIMB Niaga reached 40 % this year and increased from 20 % in 2017 to 29 % in 2018 and 37 % in 2019.
“Establishing Indonesian Sharia Bank (BSI) means that all banks have progressed. Year 2021 means conventional, but growing okay. It should be getting better than last year (above 6 percent), with the distribution of sharia over. 40 %,” he said.
As info on average development mortgage in the industry it will only reach 2.8 % in 2020. Depending on the type of property, mortgages for house types only increase by 3.5 %, apartments by 2.3 % and shophouses decrease by 9.6 % due to lower public consumption.
Conclusion
So, that's an article that we can convey, I hope the information we have provided is useful, don't forget to read the other latest information that we have provided here.